NOT LISTED FOR SALE

The Hammocks at Minorca 261 Minorca Beach Way Unit 805 New Smyrna Beach, FL 32169

North Beach Neighborhood

Estimated Value: $1,171,000 - $1,416,000

3 Beds
3 Baths
2,117 Sq Ft
$177/mo HOA Fee

Last Sold June 10, 2019

Last sale price $825,000 $390 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $7,979/month

57 Days on Market

Highlights

  • 108 Feet of Waterfront
  • Marina
  • Beach View
  • Coronado Beach Elementary School Rated 10
  • Boat Dock
  • Water access To Gulf or Ocean

About This Home

As of June 2019

**MILLION DOLLAR VIEW**8TH FLOOR**Sought after New Smyrna Beach's #1 condo * Guard gated Minorca* **Like new barely used 3 bedroom 3 bath - tens of thousands in upgrades - Tommy Bahama fully furnished**. **Unobstructed views of Atlantic ocean, Ponce inlet/lighthouse, intercoastal waterway, Daytona Beach, & the 220 acre Smyrna Dunes Park (enjoy nature & privacy). Newest building/Karpathos - Hammocks at Minorca. **PRIVATE location - most north location/building on New Smyrna Beach. **2nd master bedroom with full bath - great for overnight guests**. Under building secure garage, private building pool + main pool, 4 clay tennis courts/cabana, beach pavilion, intercoastal pavilion, 24-hour guard, clubhouse, fitness center, spa, fishing dock, sauna, boat slip purchase available, library, billiards, lounge, kitchen, ping pong, & media area. Enjoy walks on the beach or Smyrna Dunes boardwalk. Fish at the private dock. Beautiful sunrise & sunsets due to the direction this balcony faces. New Smyrna Beach is a quaint family town with great restaurants, art festivals, antique car shows, quality shopping, marinas, sport fishing charters, surf shops, private airport, Yacht Club, Canaveral National Seashore Park, and more. Want a small private less-traveled beach retreat with amenities? This is it!

Last Agent to Sell the Property

Steve Wheeler

STEVE WHEELER ELITE REALTY INC License #488721 Listed on: 02/27/2019

Last Buyer's Agent

Sylvan McElroy

THE KEYES COMPANY License #3060348

THE KEYES COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,473

Year Built

  • Built in 2006

Lot Details

  • Property fronts a private road
  • Public Beach
  • Street terminates at a dead end
  • Southwest Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees
  • Condo Land Included

HOA Fees

  • $177 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • Guest Parking
  • Open Parking

Property Views

  • Park or Greenbelt
  • Pool

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Membrane Roofing
  • Concrete Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 2,117 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Coffered Ceiling
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Shades
  • Shutters
  • Drapes & Rods
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Storage Room
  • Inside Utility
  • Security Gate

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Bedroom
  • Accessible Kitchen
  • Accessible Approach with Ramp
  • Accessible Entrance

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • River Access
  • Access To Marina
  • Fishing Pier
  • Deeded access to the beach
  • Property is near a marina
  • Water Skiing Allowed
  • Dock made with Composite Material
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Storage

Location

  • City Lot

Utilities

  • Humidity Control
  • Central Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, cable TV, common area taxes, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, pool maintenance, private road, recreational facilities, security, sewer, trash, water
  • K.L.G.B, Inc./Cheryl Pratt Association, Phone Number (386) 427-7510
  • Visit Association Website
  • Mid-Rise Condominium
  • Minorca Condominium Condos
  • Hammocks At Minorca Condo Subdivision, Maritime Floorplan
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, allowable golf cart usage in the community
  • Rental Restrictions
  • 9-Story Property

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Community Spa
  • Fishing

Pet Policy

  • Pet Size Limit
  • 2 Pets Allowed
  • Medium pets allowed

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,473

Year Built

Built in 2006

Lot Details

0

HOA Fees

$177 per month

Parking

1

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Spanish/Mediterranean
  • Construction Materials: Concrete, Stucco
  • Fireplace: No
  • Living Area: 2117
  • New Construction: No
  • Year Built: 2006
  • Accessibility Features: Accessible Approach with Ramp, Accessible Bedroom, Accessible Central Living Area, Accessible Entrance, Accessible Kitchen, Central Living Area
  • Building Area Total: 2367
  • Directions to Property: I-4, east on HWY 44 over the south causeway, left on Peninsula for 2 miles, right at second Minorca entrance to guard gate. After guard turn left and follow to the last building on right.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5766587&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5766587&cview=true&show_results=true&customer_portal=true
  • Floor Number: 8
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Property Description: Mid Rise
  • Ratio: Close Price\List Price: 0.94286
  • Price per Sq Ft: 389.7
  • Close to Original List Price Ratio: 0.94286
  • Ratio: Current Price\Building Area Total: 348.54
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Built in Features, Ceiling Fans(s), Coffered Ceiling(s), Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 9
  • Window Features: Drapes, Shades, Shutters, Window Treatments
  • Street Number Modifier: 261
  • Room Count: 8
  • Additional Rooms: Great Room, Inside Utility, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southwest
  • Other Structures: Storage
  • Exterior Features: Balcony, Irrigation System, Lighting, Sidewalk, Sliding Doors, Storage
  • Roof: Concrete, Membrane
  • Pool Private: No
  • Road Frontage Type: Street Dead-End, Private Road
  • View: Park, Pool, Water
  • Water Body Name: Atlantic Ocean
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Front Porch, Rear Porch
  • Road Surface Type: Paved
  • Water View: Beach, Gulf/Ocean - Full, Intracoastal Waterway, Marina, River
  • Water Access: Beach - Access Deeded, Beach - Public, Gulf/Ocean, Intracoastal Waterway, Marina, River
  • Water Extras: Dock - Composite, Fishing Pier, Sailboat Water, Skiing Allowed
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12127C0533J
  • Waterfront Frontage: 108
  • Water Frontage Feet Beach Pub: 54
  • Additional Water Information: Boardwalk to beach pavilion. Intercoastal pavilion:fishing dock,& canoe/kayak stg. Northernmost building-unobstructed/private views:ocean,Ponce Inlet,lighthouse,Intercoastal,& 200 acre Smyrna Dunes Park(extensive boardwalk for exercise and nature lovers)
  • Water Frontage Feet Gulf Ocean: 54
  • Disclosures: Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fire Hydrant, Public, Sewer Connected, Street Lights, Underground Utilities
  • Cooling: Central Air, Humidity Control
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fishing, Fitness, Gated Community, Golf Carts OK, Pool, Sidewalk, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Cable TV, Clubhouse, Boat Dock, Elevator(s), Fitness Center, Gated, Maintenance, Marina, Pool, Recreation Facilities, Security, Spa/Hot Tub, Storage, Tennis Court(s)
  • Association Fee: 177
  • Association Fee Frequency: Monthly
  • Association Name: K.L.G.B, Inc./Cheryl Pratt
  • Phone: 386-427-7510
  • Association: Yes
  • Security: Gated Community, Secured Garage/Parking, Security Gate, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 539
  • Condo Fees Term: Monthly
  • Association Website: www.minorcapoa.net
  • Association Email: mgrminorca@aol.com
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 539
  • Complex Community Name NCCB: MINORCA CONDOMINIUM
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 8592
  • Monthly HOA Fee: 177
  • Total Monthly Fees: 716

Lot Info

  • Zoning: CONDO
  • Parcel Number: 05-17-34-07-04-8050
  • Additional Parcels: No
  • Lot Features: City Lot, Level, Near Marina, Sidewalk
  • Property Attached Yn: Yes
  • Flood Zone Code: AE
  • Flood Zone Date: 2017-09-29
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Number Limit, Size Limit, Yes
  • Pet Size: Medium (36-60 Lbs.)
  • Minimum Lease: 1 Month
  • Approval Process: Contract onsite property manager Cheryl Pratt 386-427-7510 or 386-566-0791
  • Pet Restrictions: Limit two dogs with total weight not to exceed 80 lbs. **Verify at www.minorcapoa.net or onsite manager Cheryl Pratt 386-566-0791 or 386-427-7510
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Verify at www.minorcapoa.net or with onsite manager Cheryl Pratt 386-566-0791 or 386-427-7510

Tax Info

  • Tax Annual Amount: 10473
  • Tax Block: 07/04
  • Tax Book Number: 4787
  • Tax Lot: 805

Multi Family

  • Waterfront Features: Beach - Public, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2022
Sold by
Burns and Linda
Bought by
Burns Michael and Burns Michael
Current Estimated Value
$1,290,544

Purchase Details

Listed on
Feb 27, 2019
Closed on
Jun 10, 2019
Sold by
Revocab Davis Ruth June Bailey and Revocab Ruth June Bailey Davis
Bought by
Burns Michael and Burns Linda
Seller's Agent
Steve Wheeler
STEVE WHEELER ELITE REALTY INC
Buyer's Agent
Sylvan McElroy
THE KEYES COMPANY
List Price
$875,000
Sold Price
$825,000
Premium/Discount to List
-$50,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.36%
Original Mortgage
$425,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2014
Sold by
Davis Ruth June Bailey
Bought by
Davis Ruth June Bailey and Ruth June Bailey Davis Revocable Trust

Purchase Details

Closed on
Sep 29, 2006
Sold by
Mawl Properties Llc
Bought by
William H Davis Gst Nonexempt Marital Tr

Purchase Details

Closed on
Apr 19, 2006
Sold by
Minorca Ltd
Bought by
Mawl Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$695,200
Interest Rate
7.75%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Burns Michael -- Creative Planning Legal Pa
Burns Michael $100 None Listed On Document
Burns Michael $825,000 Attorney
Davis Ruth June Bailey -- None Available
William H Davis Gst Nonexempt Marital Tr $1,050,000 Professional Title Ltd
Mawl Properties Llc $869,000 Professional Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burns Michael $425,000
Previous Owner Mawl Properties Llc $695,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2019 06/10/19 Sold $825,000 -5.7% $390 / Sq Ft
04/24/2019 04/24/19 Pending -- -- --
02/26/2019 02/26/19 For Sale $875,000 -- $413 / 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 $11,832 $776,712 -- --
2024 $11,832 $754,823 -- --
2023 $11,832 $732,838 $0 $0
2022 $11,340 $711,493 $0 $0
2021 $11,565 $690,770 $0 $690,770
2020 $12,729 $753,750 $0 $753,750
2019 $11,347 $617,606 $0 $617,606
2018 $10,473 $552,616 $0 $552,616
2017 $11,027 $563,443 $140,861 $422,582
2016 $9,922 $515,603 $0 $0
2015 $10,246 $512,019 $0 $0
2014 $10,314 $507,955 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steve Wheeler

    Seller's Agent in 2019

    Steve Wheeler

    STEVE WHEELER ELITE REALTY INC

    (407) 222-7169

    26 Total Sales

    Steve Wheeler
    Section Image
  • Sylvan McElroy

    Buyer's Agent in 2019

    Sylvan McElroy

    THE KEYES COMPANY

    (386) 423-2958

    1 in this area

    98 Total Sales

    Sylvan McElroy
    Section Image
See All Agents

About The Hammocks at Minorca

Map

Source: Stellar MLS

MLS Number: O5766587

Stellar MLS

APN: 7405-07-04-8050

Florida Volusia County New Smyrna Beach 32169 North Beach

261 Minorca Beach Way Unit 805, New Smyrna Beach, FL

This home is located at 261 Minorca Beach Way Unit 805, New Smyrna Beach, FL 32169 since 27 February 2019 and is currently estimated at $1,290,544, approximately $609 per square foot. This property was built in 2006. 261 Minorca Beach Way Unit 805 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

Nearby Homes