NOT LISTED FOR SALE

The Hammocks at Minorca 261 Minorca Beach Way Unit 806 New Smyrna Beach, FL 32169

North Beach Neighborhood

Estimated Value: $1,513,888

4 Beds
3 Baths
2,620 Sq Ft
$833/mo HOA Fee

Last Sold March 21, 2016

Last sale price $848,000 $324 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $10,412/month

1 Day on Market

Highlights

  • Spa
  • Full Gulf or Ocean Views
  • Open Floorplan
  • Coronado Beach Elementary School Rated 10
  • Gated Community
  • Furnished

About This Home

As of March 2016

THERE ARE ULTIMATE UPGRADES IN THIS 8TH FLOOR FULLY FURNISHED EAST CORNER 4/3 COQUINA FLOOR PLAN CONDO THAT OFFERS EXCEPTIONAL PANORAMIC VIEWS OF THE OCEAN, JETTIES, DAYTONA, PONCE INLET WATER WAY AND LIGHTHOUSE. WATER CAN BE SEEN OUT OF EVERY WINDOW FROM THIS 8TH FLOOR LOCATION. THIS CONDO HOME ABOUNDS WITH CUSTOM FEATURES THAT BEGIN WITH A FOYER FLOOR MEDALLION IN THE LARGE EXTENDED TILE. THE KITCHEN HAS GRANITE TOPS AND A OVER SIZED CENTER ISLAND SUITED FOR BREAKFAST SITTING ALONG WITH LARGER WOOD PREMIUM CABINETS. IN THE DINING AREA IS A GRANITE TOP AND SINK BUILT-IN WET BAR WITH FRIG & ICE MAKER. SURROUND SOUND IS IN THE LIVING ROOM AND CROWN MOLDING IS FEATURED THROUGHOUT EVERY ROOM. THE MASTER BATH WAS CUSTOMIZED BY BUILDER AND ALL BATHS HAVE CORIAN COUNTER TOPS.WINDOW TREATMENTS, PAINT, FANS, LIGHT FIXTURES AND CARPET ARE ALL CUSTOM AND THE LAUNDRY ROOM HAS ADDED CABINETS. THE A/C IS ONLY ONE YEAR OLD AND THE CONDO HAS BEEN MAINTAINED ANNUALLY IN ALL AREAS. CONDO IS EASY TO SEE AND PRICED TO SELL FOR IMMEDIATE OCCUPANCY. COME SEE TO FULLY APPRECIATE THE EXCEPTIONAL VALUE THAT IS BEING OFFERED BY THIS ORIGINAL OWNER. ;LocationDescription: Condo ;Water: City

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,542

Year Built

  • Built in 2006

Lot Details

  • Irrigation

HOA Fees

  • $833 Monthly HOA Fees

Property Views

Home Design

  • Built-Up Roof
  • Concrete Siding
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 2,620 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Blinds
  • French Doors

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • Subterranean Parking
  • Garage Door Opener
  • Reserved Parking

Pool

  • Spa
  • Heated Pool
  • Outside Bathroom Access

Outdoor Features

  • Balcony
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 740507048060

Community Details

Overview

  • Association fees include cable TV, pool, insurance, ground maintenance, sewer, trash, water
  • Minorca Condos
  • Hammocks At Minorca Condo Subdivision
  • 5-Story Property

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,542

Year Built

Built in 2006

Lot Details

0

HOA Fees

$833 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Insurance, Maintenance Grounds, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Concrete, Stucco
  • Living Area: 2620
  • Year Built: 2006
  • Building Area Total: 2915
  • Directions to Property: EAST OVER NORTH OR SOUTH CAUSEWAY BRIDGE TO LIGHT AT PENINSULA AVE. LEFT (NORTH) ON PENINSULA APPROXIMATELY 2 MILES TO MINORCA GATEHOUSE ON RIGHT.
  • Status: Sold
  • Floor Number: 8
  • List Office Head Office Key Nume: 172580748
  • RATIO Current Price By Calculate: 323.66
  • MFR_CommunityAssociationWaterFeatures: Boat Slip,Water Access
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Full Bathrooms: 3
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Eat-in Kitchen, Open Floorplan, Other, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Other, Range, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 4
  • Levels: Three Or More
  • Spa Yn: Yes
  • Stories: 5
  • Window Features: Blinds
  • Street Number Modifier: 261
  • Room Count: 10

Exterior Features

  • Pool Features: Heated, Other, Outside Bath Access
  • Exterior Features: Balcony, French Doors, Irrigation System, Storage
  • Roof: Built-Up
  • Patio and Porch Features: Porch
  • Road Surface Type: Asphalt
  • Water View: Gulf/Ocean - Full,River

Garage/Parking

  • Parking Features: Garage Door Opener, Reserved, Underground

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated, Pool
  • Association Fee: 833
  • Association Fee Frequency: Monthly
  • Security: Fire Sprinkler System, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 1
  • Complex Community Name Nccb: Minorca
  • Development: Not In Subdivision

Lot Info

  • Zoning: RR-PUD
  • Parcel Number: 740507048060
  • Lot Features: City Limits

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Breed Restrictions, Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2022
Sold by
Kramer Laura R and Kramer Charles E
Bought by
Kramer Charles E and Kramer Laura R
Total Days on Market
1
Current Estimated Value
$1,513,888

Purchase Details

Listed on
Mar 5, 2016
Closed on
Mar 21, 2016
Sold by
Ktm Properies Llc
Bought by
The Charles E Kramer Limited Partnerhip
List Price
$892,000
Sold Price
$848,000
Premium/Discount to List
-$44,000
-4.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.79%

Purchase Details

Closed on
Apr 6, 2006
Sold by
Minorca Ltd
Bought by
Ktm 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
$900,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Kramer Charles E $100 --
Kramer Charles E $100 --
Charles Edmund Kramer Trust $100 --
The Charles E Kramer Limited Partnerhip $848,000 Professional Title Agency In
Ktm Properties Llc $1,140,000 Professional Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Charles E Kramer Family Limited Partners $350,000
Previous Owner Ktm Properties Llc $625,000
Previous Owner Ktm Properties Llc $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2016 03/21/16 Sold $848,000 -4.9% $324 / Sq Ft
03/07/2016 03/07/16 Pending -- -- --
03/05/2016 03/05/16 For Sale $892,000 -- $340 / 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 $18,542 $1,126,243 -- $1,126,243
2024 $18,542 $1,126,243 -- $1,126,243
2023 $18,542 $1,126,243 $0 $1,126,243
2022 $15,930 $1,335,980 $0 $1,335,980
2021 $12,181 $683,668 $0 $683,668
2020 $15,511 $904,500 $0 $904,500
2019 $14,340 $772,912 $0 $772,912
2018 $14,648 $773,850 $0 $773,850
2017 $14,184 $725,433 $181,358 $544,075
2016 $15,988 $763,941 $0 $0
2015 $16,822 $772,636 $0 $0
2014 $16,770 $772,636 $0 $0
Source: Public Records

About The Hammocks at Minorca

Map

Source: Stellar MLS

MLS Number: NS1027746

Stellar MLS

APN: 7405-07-04-8060

Florida Volusia County New Smyrna Beach 32169 North Beach

261 Minorca Beach Way Unit 806, New Smyrna Beach, FL

This home is located at 261 Minorca Beach Way Unit 806, New Smyrna Beach, FL 32169 since 05 March 2016 and is currently priced at $1,513,888, approximately $577 per square foot. This property was built in 2006. 261 Minorca Beach Way Unit 806 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.

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

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