NOT LISTED FOR SALE

The Hammocks at Minorca 261 Minorca Beach Way Unit 804 New Smyrna Beach, FL 32169

North Beach Neighborhood

Estimated Value: $898,000 - $1,093,000

2 Beds
2 Baths
1,750 Sq Ft
$638/mo HOA Fee

Last Sold February 22, 2021

Last sale price $734,000 $419 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $7,107/month

3 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Intracoastal View
  • Open Floorplan
  • Coronado Beach Elementary School Rated 10
  • Spa
  • Wood Flooring

About This Home

As of February 2021

STUNNING VIEWS from Ocean to Inlet to Lighthouse to Intracoastal! Two Bedrooms and Two Full Bathrooms PLUS a large Den/Office. Views from every room! Gorgeous Kitchen with Cherry Cabinets and Granite Counter Tops and Custom Backsplash. Stainless G.E. Appliances: French Door Refrigerator with bottom freezer, dishwasher, glass cooktop, built-in oven and microwave. Both Bedrooms and the Den have hardwood floors. Large, Neutral Porcelain Tile throughout the main living areas. Both Bathrooms also have solid wood cabinets and granite counter tops. Double Vanities, garden tub, large shower, and private water closet in the Master Suite.
Very Spacious Laundry Room with Utility Sink and additional storage. The Kitchen, Great Room and Master Suite all enjoy sweeping ocean to Intracoastal views and access to your large, private balcony. In addition to the open, spacious living areas, this property includes a private, secure storage room on the same floor and reserved, secure parking in the garage under the building. Minorca offers resort-style living. "Clay" tennis courts, large heated community pool plus a private pool for Hammocks residents only, Clubhouse, Fitness Center w/ Sauna, Private Beach Access, Fishing Dock and Riverfront Cabana. Be sure to check out the photos and Virtual Tour to fully appreciate this special beach home. ;LocationDescription: Condo ;Water: City

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,289

Year Built

  • Built in 2006

Lot Details

  • Irrigation

HOA Fees

Property Views

Home Design

  • Entry on the 8th floor
  • Built-Up Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 1,750 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Sliding Doors

Kitchen

  • Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • Garage
  • Garage Door Opener
  • On-Street Parking
  • Parking Garage Space
  • Reserved Parking

Pool

  • Spa
  • Heated Pool

Outdoor Features

  • Balcony
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 740507048040

Community Details

Overview

  • Association fees include cable TV, pool, insurance, ground maintenance, pest control, security, trash, water
  • Minorca Property Owners Association, Phone Number (386) 427-7510
  • The Hammocks Association, Phone Number (386) 427-7510
  • Minorca Condos
  • Hammocks Minorca Ph 02 Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pet Size Limit
  • 2 Pets Allowed
  • Breed Restrictions

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,289

Year Built

Built in 2006

Lot Details

0

HOA Fees

$638 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Insurance, Maintenance Grounds, Pest Control, Security, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Concrete, Stucco
  • Living Area: 1750
  • Year Built: 2006
  • Building Area Total: 1885
  • Directions to Property: North on N. Peninsula Ave. from either South or North Causeways (either 3rd Ave. or Flagler Ave.) all the way North to Minorca. Please be sure to go to the MAIN GATE (not the first/back entrance) for access. 261 Minorca Beach Way is also called the KARPATHOS BLDG.
  • Status: Sold
  • Floor Number: 8
  • List Office Head Office Key Nume: 172580748
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 419.43
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 1
  • MFR_CommunityAssociationWaterFeatures: Gulf/Ocean Front,Intracoastal Waterway,River
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile, Wood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Open Floorplan, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Oven, Refrigerator, Washer
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: Yes
  • Stories: 1
  • Street Number Modifier: 261
  • Room Count: 7

Exterior Features

  • Pool Features: Heated
  • Exterior Features: Balcony, Irrigation System, Sliding Doors, Storage
  • Roof: Built-Up
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water View: Gulf/Ocean - Full,Intracoastal Waterway,River
  • Additional Water Information: Two Pets with total combined max. weight of 80 lbs.

Garage/Parking

  • Parking Features: Garage Door Opener, On Street, Reserved, Under Building

Utilities

  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: See Remarks

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 181
  • Association Fee Frequency: Monthly
  • Association Name: Minorca Property Owners Association
  • Phone: 386-427-7510
  • Security: Fire Sprinkler System, Smoke Detector(s)
  • Senior Community: No
  • Association #2 Fee: 457
  • Association #2 Fee Frequency: Monthly
  • Association: The Hammocks
  • Association Phone #2: 386-427-7510
  • Association Approval Required YN: 1
  • Complex Community Name Nccb: Minorca
  • Pet Restrictions: Two Pets with total combined max. weight of 80 lbs.
  • Development: Minorca

Lot Info

  • Zoning: RR-PUD
  • Parcel Number: 740507048040
  • Lot Features: City Limits

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Number Limit, Size Limit, Yes

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2020
Closed on
Feb 22, 2021
Sold by
Hardage Joseph C and Hardage Joseph C
Bought by
Brown Mark D and Brown Amy J
List Price
$734,000
Sold Price
$734,000
Current Estimated Value
$999,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,488
Avg. Annual Appreciation
6.96%
Original Mortgage
$543,000
Outstanding Balance
$487,866
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$511,622

Purchase Details

Listed on
Jan 8, 2015
Closed on
Jun 5, 2015
Sold by
Forment Michael F
Bought by
Hardage Joseph C
Buyer's Agent
Regina Heustess
KINCAID REALTY
List Price
$640,000
Sold Price
$600,000
Premium/Discount to List
-$40,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.59%
Original Mortgage
$225,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2011
Sold by
Hall Jon M and Hall Susan S
Bought by
Forment Michael F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2009
Sold by
Roe William Edward and Roe Kathleen Marie
Bought by
Hall Jon M and Hall Susan S

Purchase Details

Closed on
Apr 19, 2006
Sold by
Minorca Ltd
Bought by
Roe William Edward and Roe Kathleen Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$607,480
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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
Brown Mark D $734,000 Dominion Parks To Beach Ttl
Hardage Joseph C $600,000 Professional Title Agency In
Forment Michael F $475,000 First American Title Ins Co
Hall Jon M $600,000 Fidelity Natl Title Ins Co
Roe William Edward $727,000 Professional Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Mark D $543,000
Previous Owner Hardage Joseph C $225,000
Previous Owner Forment Michael F $332,500
Previous Owner Roe William Edward $607,480
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2021 02/22/21 Sold $734,000 0.0% $419 / Sq Ft
12/19/2020 12/19/20 Pending -- -- --
12/15/2020 12/15/20 For Sale $734,000 +22.3% $419 / Sq Ft
06/05/2015 06/05/15 Sold $600,000 -6.3% $343 / Sq Ft
04/27/2015 04/27/15 Pending -- -- --
01/08/2015 01/08/15 For Sale $640,000 -- $366 / 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 $14,289 $902,651 -- $902,651
2024 $14,289 $902,651 -- $902,651
2023 $14,289 $902,651 $0 $902,651
2022 $12,363 $730,300 $0 $730,300
2021 $6,318 $395,121 $0 $0
2020 $6,244 $389,666 $0 $0
2019 $6,318 $380,905 $0 $0
2018 $6,312 $373,803 $0 $0
2017 $6,369 $366,115 $0 $0
2016 $6,655 $358,585 $0 $0
2015 $7,760 $397,077 $0 $0
2014 $7,810 $393,926 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Regina Heustess

    Buyer's Agent in 2015

    Regina Heustess

    KINCAID REALTY

    (386) 527-1082

    1 in this area

    33 Total Sales

    Regina Heustess
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About The Hammocks at Minorca

Map

Source: Stellar MLS

MLS Number: NS1061781

Stellar MLS

APN: 7405-07-04-8040

Florida Volusia County New Smyrna Beach 32169 North Beach

261 Minorca Beach Way Unit 804, New Smyrna Beach, FL

This home is located at 261 Minorca Beach Way Unit 804, New Smyrna Beach, FL 32169 since 15 December 2020 and is currently estimated at $999,488, approximately $571 per square foot. This property was built in 2006. 261 Minorca Beach Way Unit 804 is a home located in Volusia County with nearby schools including Coronado Beach Elementary School and New Smyrna Beach Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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