NOT LISTED FOR SALE

Estimated Value: $792,406

2 Beds
2 Baths
1,489 Sq Ft
$995/mo HOA Fee

Last Sold April 24, 2023

Last sale price $930,000 $625 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $6,331/month

30 Days on Market

Highlights

  • 300 Feet of Ocean or Gulf Waterfront
  • Boat Dock
  • Fitness Center
  • Coronado Beach Elementary School Rated 10
  • Water access To Gulf or Ocean
  • Intracoastal View

About This Home

As of April 2023

Expect to be impressed from the moment you arrive at The Inlet at Minorca and this beautifully renovated 7th floor unit. Custom kitchen with wood cabinetry, granite counter tops, stainless steel appliances including wine refrigerator. Spacious and open plan with tile flooring throughout the entire unit. Full size washer and dryer. Large ocean front owners suite with very nice ensuite including double sinks, double closets and beautiful tiled bath. Large second bedroom with en-suite bath and great views to the south. Spectacular multi-million dollar views from the private 31 foot wide balcony, direct oceanfront along with views across the 220 acre Smyrna Dunes park north of Ponce Inlet Lighthouse and beyond Daytona Beach. From the front you have amazing views with the ability to watch the space launches from the front balcony. The Inlet's amenities include assigned parking in the garage, in addition to ample guest parking spaces. There are also golf cart spaces available from time to time to rent by the year, as well as kyak storage racks with space for rent, scooter parking, and additional storage rooms. Each unit comes with a large storage area in the garage. There is also a wonderful community pool, spa, outdoor kitchen with two gas grills, gazebo, onsite management office, game room and more. Minorca amenities that all enjoy are the 24/7 manned security gate house, multi million dollar clubhouse with kitchen, billiard table, media area, meeting and entertainment space. Fully equipped renovated fitness center, his and hers restrooms with dry saunas, four hardcourt lighted tennis courts, lending library, beach pavilion with restrooms and available for to rent, beach access through locked gate, river access across the street with locked gate and fishing pier. Occasionally an opportunity to buy the right of use of one of 26 deep water river slips comes available across the street. Acres of beautiful grounds and much more. Come see & live the dream!!!

Last Listed By

James Lyon

COLLADO REAL ESTATE License #475476 Listed on: 03/04/2023

COLLADO REAL ESTATE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,627

Year Built

  • Built in 1986

Lot Details

  • 300 Feet of Ocean or Gulf Waterfront
  • Northeast Facing Home
  • Mature Landscaping
  • Additional Parcels

HOA Fees

  • $995 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Reserved Parking

Property Views

  • Pool
  • Tennis Court

Home Design

  • Slab Foundation
  • Built-Up Roof
  • Concrete Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 1,489 Sq Ft Home
  • Ceiling Fan
  • Thermal Windows
  • Double Pane Windows
  • Low Emissivity Windows
  • Insulated Windows
  • Tinted Windows
  • Blinds
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Inside Utility
  • Ceramic Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Home Security

Pool

  • Lap Pool
  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • River Access
  • Fishing Pier
  • Balcony
  • Covered patio or porch
  • Outdoor Kitchen
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, cable TV, common area taxes, pool, escrow reserves fund, fidelity bond, internet, maintenance structure, ground maintenance, management, pest control, private road, recreational facilities, security
  • Karey Hartwell Association, Phone Number (386) 409-9212
  • High-Rise Condominium
  • Inlet At New Smyrna Condo Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community
  • 20-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Elevator
  • Community Mailbox
  • Community Storage Space

Recreation

  • Boat Dock
  • Tennis Courts
  • Recreation Facilities
  • Community Pool
  • Community Spa
  • Fishing

Pet Policy

  • 3 Pets Allowed

Security

  • Security Service
  • Gated Community
  • High Impact Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,627

Year Built

Built in 1986

Lot Details

0

HOA Fees

$995 per month

Parking

1

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Fidelity Bond, Internet, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Pool, Private Road, Recreational Facilities, Security
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Construction Materials: Concrete, Stucco
  • Fireplace: No
  • Living Area: 1489
  • New Construction: No
  • Year Built: 1986
  • Building Area Total: 1675
  • Directions to Property: From SR 44 turn north on Peninsula Avenue, continue past Flagler Avenue to the second entrance into Minorca with the guard gate. Let the guards know you are showing The Inlet 704. Past guard house turn left at clubhouse turn right at roundabout to The Inlet on the left, go up ramp to the upper parking deck, park and go in main lobby, take elevator to the 7th floor and the unit will be to the left. Furnishings are negotiable with some exceptions.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Orlando
  • Escrow Postal Code: 32803
  • Escrow State: FL
  • Escrow Street Name: N. Magnolia Avenue
  • Escrow Street Number: 800
  • Floor Number: 7
  • List Office Head Office Key Nume: 172580748
  • Minimum Lease: 1 Week
  • Number Of Pets: 3
  • RATIO Current Price By Calculate: 624.58
  • Total Acreage: Non-Applicable
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • Property Description: High Rise
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Master Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: Heated, In Ground
  • Stories: 20
  • Window Features: Blinds, Double Pane Windows, Impact Glass/Storm Windows, Insulated Windows, Low Emissivity Windows, Thermal Windows, Tinted Windows, Window Treatments
  • Street Number Modifier: 257
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Great Room,Inside Utility
  • Living Area Meters: 138.33
  • Room Count: 5

Exterior Features

  • Direction Faces: Northeast
  • Other Structures: Storage, Tennis Court(s)
  • Pool Features: Gunite, In Ground, Lap
  • Exterior Features: Balcony, Outdoor Kitchen, Sidewalk, Sliding Doors, Storage, Tennis Court(s)
  • Roof: Built-Up, Concrete
  • Home Warranty: No
  • Pool Private: No
  • View: Pool, Tennis Court, Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered
  • Road Surface Type: Asphalt
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure
  • Water Access: Gulf/Ocean,Intracoastal Waterway,River
  • Water Extras: Fishing Pier
  • Water Extras YN: 1
  • Water View: Gulf/Ocean - Full,Intracoastal Waterway,River
  • Water View YN: 1
  • Waterfront Feet Total: 300
  • Flood Zone Date: 2017-09-29
  • Flood Zone Panel: 12127C0533J
  • Water Frontage Feet Gulf Ocean: 300

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned, Covered, Guest, Reserved, Under Building

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, In Kitchen, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Community Mailbox, Deed Restrictions, Fishing, Fitness Center, Gated, Golf Carts OK, Pool, Sidewalks, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Cable TV, Clubhouse, Dock, Elevator(s), Fitness Center, Gated, Pool, Recreation Facilities, Sauna, Security, Spa/Hot Tub, Storage, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association Name: Karey Hartwell
  • Phone: 386-409-9212
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Building Name Number: THE INLET
  • Condo Fees: 995
  • Condo Land Included YN: 1
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: manager@newsmyrnabeachinlet.com
  • Monthly Condo Fee Amount: 995

Fee Information

  • Total Annual Fees: 11940.00
  • Total Monthly Fees: 995.00

Lot Info

  • Zoning: RRPUD
  • Parcel Number: 4830308
  • Additional Parcels Description: NO
  • Additional Parcels: Yes
  • Lot Features: City Limits, Sidewalk, Private
  • Flood Zone Code: X500
  • Homestead YN: 0
  • Lot Size Square Meters: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Number Limit
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Tenants may not have pets

Tax Info

  • Tax Annual Amount: 9627
  • Tax Block: 00
  • Tax Book Number: 2781-473
  • Tax Lot: 7D

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2023
Closed on
Apr 21, 2023
Sold by
Lauren Zimmerman Trust
Bought by
Kswk Llc
Seller's Agent
James Lyon
COLLADO REAL ESTATE
Buyer's Agent
Monica McDonald
EXP REALTY LLC
List Price
$950,000
Sold Price
$930,000
Premium/Discount to List
-$20,000
-2.11%
Total Days on Market
30
Views
119
Current Estimated Value
$792,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$137,594
Avg. Annual Appreciation
-7.55%
Original Mortgage
$465,000
Outstanding Balance
$455,162
Interest Rate
6.73%
Mortgage Type
Construction
Estimated Equity
$337,244

Purchase Details

Listed on
Sep 21, 2018
Closed on
Oct 15, 2018
Sold by
Heinmiller Volusia Llc
Bought by
Zimmerman Lauren and Zimmerman Scott
Seller's Agent
James Lyon
COLLADO REAL ESTATE
Buyer's Agent
Regina Heustess
KINCAID REALTY
List Price
$610,000
Sold Price
$595,000
Premium/Discount to List
-$15,000
-2.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.36%

Purchase Details

Closed on
Jun 30, 2009
Sold by
Heinmiller Joan S
Bought by
Heinmiller Volusia 7 Llc

Purchase Details

Closed on
Jun 29, 2009
Sold by
Krug Marilyn A and Krug Peter J
Bought by
Inlet Condominium Association Inc

Purchase Details

Closed on
Aug 28, 1998
Sold by
Acuff Jean G
Bought by
Heinmiller Joan S

Purchase Details

Closed on
Apr 15, 1990
Bought by
Heinmiller Volusia 7 Llc

Purchase Details

Closed on
Mar 15, 1990
Bought by
Heinmiller Volusia 7 Llc

Purchase Details

Closed on
May 15, 1989
Bought by
Heinmiller Volusia 7 Llc

Purchase Details

Closed on
Feb 15, 1986
Bought by
Heinmiller Volusia 7 Llc

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kswk Llc $930,000 None Listed On Document
Zimmerman Lauren $595,000 Fidelity National Title Of F
Heinmiller Volusia 7 Llc -- Attorney
Inlet Condominium Association Inc -- None Available
Heinmiller Joan S $225,000 --
Heinmiller Volusia 7 Llc $100 --
Heinmiller Volusia 7 Llc $84,000 --
Heinmiller Volusia 7 Llc $100 --
Heinmiller Volusia 7 Llc $161,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kswk Llc $465,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2023 04/24/23 Sold $930,000 -1.0% $625 / Sq Ft
04/04/2023 04/04/23 Pending -- -- --
04/03/2023 04/03/23 Price Changed $939,000 -1.2% $631 / Sq Ft
03/04/2023 03/04/23 For Sale $950,000 +59.7% $638 / Sq Ft
10/15/2018 10/15/18 Sold $595,000 -2.5% $400 / Sq Ft
09/24/2018 09/24/18 Pending -- -- --
09/21/2018 09/21/18 For Sale $610,000 -- $410 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,310 $756,902 -- $756,902
2024 $11,310 $756,902 -- $756,902
2023 $11,310 $780,485 $0 $780,485
2022 $9,627 $606,973 $0 $606,973
2021 $8,956 $507,197 $0 $507,197
2020 $8,132 $453,983 $0 $453,983
2019 $7,735 $415,735 $0 $415,735
2018 $7,573 $398,929 $0 $398,929
2017 $7,177 $365,953 $91,488 $274,465
2016 $7,537 $402,146 $0 $0
2015 $6,716 $307,253 $0 $0
2014 $6,769 $313,738 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Stellar MLS

MLS Number: O6094595

Stellar MLS

APN: 7405-02-05-007D