NOT LISTED FOR SALE

The Hammocks at Minorca 261 Minorca Beach Way Unit 901 New Smyrna Beach, FL 32169

North Beach Neighborhood

Estimated Value: $1,439,000 - $1,771,000

4 Beds
3 Baths
2,600 Sq Ft
$838/mo HOA Fee

Last Sold June 15, 2018

Last sale price $1,465,000 $563 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $10,767/month

15 Days on Market

Highlights

  • 850 Feet of Waterfront
  • Beach View
  • Public Beach
  • Coronado Beach Elementary School Rated 10
  • Water access To Gulf or Ocean
  • Fitness Center

About This Home

As of June 2018

Arguably the Best Views on the Eastern Seaboard! SPECTACULAR, TROPHY, UNBELIEVABLE - and every other superlative you can think of! That's how to describe this Top Floor Corner Residence. Coquina floor plan. This spacious (2,600 sq. ft.) residence features 4 bedrooms, 3 baths, 2 spacious balconies (for a total of 2,900 sq. ft.). Be sure to check out the photos and virtual tour! Gorgeous, Custom Interiors by the Winter Park design firm, Wolfe-Rizor. Custom Mill Work and Louvered Interior Doors. This End Unit captures Southern, Western, Northern and Eastern Views: Marina, Intracoastal, Light House, Inlet and Ocean. Wake up to Lighthouse views from the Master Suite. Watch the Dolphins from your Sunset Balcony. The Karpathos Building also features a Private pool & Spa area (shared by only 2 buildings) as well as access to large community pool & spa area. Enjoy the lush natural landscaping and park-like setting with pedestrian walkways & boardwalk - as well as the River Pavilion and fishing docks. Casino clubhouse offers a complete fitness center, spa, library, billiards, catering kitchen and lounge. Great tennis center with 4 lighted Har-Tru tennis courts. This HOME OFFERS A RESORT LIFESTYLE along with OCEAN, BEACH & RIVER ACCESS. Parking Space 40 in the Garage Under the Building plus additional open parking in the large lot. This home is offered furnished. The Art is Excluded. The Tesla Charger installed in Space 40 is Excluded.

Last Agent to Sell the Property

Skip Kirst

COLLADO REAL ESTATE License #516549 Listed on: 04/15/2018

COLLADO REAL ESTATE

Last Buyer's Agent

Robert Arnold

SAND DOLLAR REALTY GROUP INC License #627826

SAND DOLLAR REALTY GROUP INC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,400

Year Built

  • Built in 2006

Lot Details

  • Public Beach
  • End Unit
  • Southwest Facing Home

HOA Fees

  • $838 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Property Views

  • Park or Greenbelt

Home Design

  • Planned Development
  • Slab Foundation
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,600 Sq Ft Home
  • Open Floorplan
  • Furnished
  • High Ceiling
  • Window Treatments
  • Sliding Doors
  • Combination Dining and Living Room
  • Inside Utility
  • Porcelain Tile

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Gunite Pool

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • River Access
  • Fishing Pier
  • Minimum Wake Zone
  • Dock made with Composite Material
  • Balcony
  • Covered patio or porch
  • Outdoor Storage

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, ground maintenance, manager, pool maintenance
  • Minorca Condos
  • Hammocks At Minorca Condo Subdivision
  • Rental Restrictions
  • 9-Story Property

Amenities

  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • 2 Pets Allowed
  • Breed Restrictions

Security

  • Card or Code Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,400

Year Built

Built in 2006

Lot Details

0

HOA Fees

$838 per month

Parking

1

Listing Details

  • HOA Fee Includes: Community Pool, Maintenance Grounds, Manager, Pool Maintenance
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2600
  • New Construction: No
  • Year Built: 2006
  • Building Area Total: 2900
  • Directions to Property: East over north or south causeway bridge to light at Peninsula, left (north) on Peninsula approx. 2 miles to Minorca gatehouse on right.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5701200&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5701200&cview=true&show_results=true&customer_portal=true
  • Floor Number: 9
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Subdivision Num: 07
  • Property Description: Corner Unit
  • Planned Unit Development Y N: Yes
  • Subdivision Section Number: 5
  • Ratio: Close Price\List Price: 0.9185
  • Price per Sq Ft: 563.46
  • Close to Original List Price Ratio: 0.9185
  • Ratio: Current Price\Building Area Total: 505.17
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Other, Porcelain Tile
  • Full Bathrooms: 3
  • Interior Amenities: High Ceiling(s), Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Stories: 9
  • Window Features: Window Treatments
  • Street Number Modifier: 261
  • Room Count: 8
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southwest
  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Balcony, Sliding Doors, Storage, Tennis Court(s)
  • Roof: Built-Up
  • Pool Private: No
  • View: Park, Water
  • Water Body Name: Atlantic Ocean, Indian River
  • Waterfront: Yes
  • Patio and Porch Features: Covered
  • Water View: Beach, Gulf/Ocean - Full, Intracoastal Waterway, River
  • Water Access: Beach - Public, Gulf/Ocean, Intracoastal Waterway, River
  • Water Extras: Dock - Composite, Fishing Pier, Minimum Wake Zone
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12127C0533J
  • Waterfront Frontage: 850
  • Water Frontage Feet I C W: 250
  • Water Frontage Feet River: 100
  • Water Frontage Feet Beach Pub: 250
  • Additional Water Information: The Minorca Community has a River Front Pavilion, available kayak storage, fishing pier and dock. Boat Slips must be purchased separately based on availability and in accordance with the Rules and Regulations of the Minorca Property Owners Association.
  • Water Frontage Feet Gulf Ocean: 250
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: No
  • Parking Features: Assigned
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fitness, Gated Community, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Elevator(s), Fitness Center, Gated, Lobby Key Required, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • Condo Fees: 662
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 662
  • Complex Community Name NCCB: MINORCA
  • Association Fee Requirement: Required
  • Montly Maint Amt Addition To H O A: 176
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 10056
  • Total Monthly Fees: 838

Lot Info

  • Zoning: RR-PUD
  • Parcel Number: 05-17-34-07-04-9010
  • Additional Parcels: No
  • Lot Features: City Lot
  • Flood Zone Code: AE
  • Flood Zone Date: 2017-09-29
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Breed Restrictions, Number Limit, Yes
  • Minimum Lease: 1 Month
  • Approval Process: Approval Process per Association Rules & Regs.
  • Num Timesper Year: 12
  • Pet Restrictions: Per Association Rules & Regs.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Restrictions Per Condo. Association Rules & Regs.

Tax Info

  • Tax Annual Amount: 16400
  • Tax Block: 04
  • Tax Book Number: 5777/4001
  • Tax Lot: 9010

Multi Family

  • Waterfront Features: Beach - Public, Gulf/Ocean, Intracoastal Waterway, River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2024
Sold by
Mulligan Kim E and Ralston April A
Bought by
Mulligan Kim E
Total Days on Market
15
Current Estimated Value
$1,656,565

Purchase Details

Listed on
Apr 15, 2018
Closed on
Jun 15, 2018
Sold by
Mccorkle Andrew L and Mccorkle Clair W
Bought by
Mulligan Kim E and Ralston April A
Seller's Agent
Skip Kirst
COLLADO REAL ESTATE
Buyer's Agent
Robert Arnold
SAND DOLLAR REALTY GROUP INC
List Price
$1,595,000
Sold Price
$1,465,000
Premium/Discount to List
-$130,000
-8.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.78%
Original Mortgage
$1,000,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2007
Sold by
Minorca 901 Llc
Bought by
Mccorkle Andrew L and Mccorkle Clair W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 2006
Sold by
Galloway Holdings Of Central Florida Ltd
Bought by
Minorca 901 Llc

Purchase Details

Closed on
Apr 20, 2006
Sold by
Minorca Ltd
Bought by
Galloway Holdings Of Central Florida Ltd
Source: Public Records

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Range of Values:

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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
Mulligan Kim E $100 None Listed On Document
Mulligan Kim E $100 None Listed On Document
Mulligan Kim E $1,465,000 Dominion Parks To Beach Titl
Mccorkle Andrew L $1,395,000 Attorney
Minorca 901 Llc -- Attorney
Galloway Holdings Of Central Florida Ltd $1,310,000 Professional Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mulligan Kim E $500,000
Previous Owner Mulligan Kim E $503,300
Previous Owner Mulligan Kim E $1,000,000
Previous Owner Mccorkle Andrew L $900,000
Previous Owner Mccorkle Andrew L $975,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2018 06/15/18 Sold $1,465,000 -8.2% $563 / Sq Ft
04/30/2018 04/30/18 Pending -- -- --
04/15/2018 04/15/18 For Sale $1,595,000 -- $613 / 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 $13,642 $1,302,744 -- $1,302,744
2024 $13,642 $864,139 -- --
2023 $13,642 $838,970 $0 $0
2022 $13,077 $814,534 $0 $0
2021 $13,340 $790,810 $0 $790,810
2020 $13,469 $795,297 $0 $0
2019 $13,651 $777,416 $0 $0
2018 $16,936 $895,125 $0 $895,125
2017 $16,400 $839,120 $209,780 $629,340
2016 $18,487 $883,663 $0 $0
2015 $19,452 $893,721 $0 $0
2014 $19,391 $893,721 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Skip Kirst

    Seller's Agent in 2018

    Skip Kirst

    COLLADO REAL ESTATE

    (407) 342-0265

    13 in this area

    87 Total Sales

    Skip Kirst
    Section Image
  • Robert Arnold

    Buyer's Agent in 2018

    Robert Arnold

    SAND DOLLAR REALTY GROUP INC

    (407) 389-7318

    1,214 Total Sales

    Robert Arnold
    Section Image
See All Agents

About The Hammocks at Minorca

Map

Source: Stellar MLS

MLS Number: O5701200

Stellar MLS

APN: 7405-07-04-9010

Florida Volusia County New Smyrna Beach 32169 North Beach

261 Minorca Beach Way Unit 901, New Smyrna Beach, FL

This home is located at 261 Minorca Beach Way Unit 901, New Smyrna Beach, FL 32169 since 15 April 2018 and is currently estimated at $1,656,565, approximately $637 per square foot. This property was built in 2006. 261 Minorca Beach Way Unit 901 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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