$760,000
SOLD FEB 5, 2025

263 Minorca Beach Way Unit 503 New Smyrna Beach, FL 32169

North Beach Neighborhood
2 Beds
2 Baths
1,450 Sq Ft
$822/mo HOA Fee

Recently Sold

$524 Per Sq Ft

4% Below List Price

237 Days on Market

Highlights

  • Access To Intracoastal Waterway
  • Fitness Center
  • Gated Community
  • Coronado Beach Elementary School Rated 10
  • Intracoastal View
  • 1.35 Acre Lot

About This Home

As of February 2025

Welcome to Minorca! Recently updated for that LIKE NEW feel, this 2-bedroom, 2-bathroom fifth floor unit is MOVE-IN READY, offered fully furnished, and perfectly situated in New Smyrna Beach ready to be your perfect home away from home or live the beach life full-time just steps from the Inlet!

Located at the northern tip of the island, Minorca is uniquely positioned for proximity to the ocean, inlet, and river. Upon entering this unit, you will be met with sweeping panoramic views of the ocean and beaches, the Daytona skyline, Ponce Inlet Lighthouse, a steady flow of pleasure boat river traffic, and playful dolphins. Relaxing on your balcony, you will observe egrets, osprey, pelicans and more passing at eyelevel above Smyrna Dunes Park, an incredible 184-acre inlet park with a 2.5-mile boardwalk loop trail and the only dog friendly beach in NSB. All this only ¼ mile from your door. Captivating golden sunsets will yield to stunning constellations above Ponce Light as it begins its nightly rounds.

As you enter the condo prepare to be impressed! The OPEN CONCEPT living and dining make it easy to gather with family or entertain friends. The chef of the family will appreciate the well-appointed kitchen offering beautifully crafted quartz countertops, stainless steel appliances, and tile backsplash. The OWNERS' SUITE is a must-see featuring a beautiful view of the intracoastal waterway, a walk in closet, and large private en-suite bath boasting dual vanities, a walk-in shower, and garden tub. Bedroom 2 and the bonus room share the full guest bathroom complete with towel warmer. The bonus room has twin beds and is the perfect space to use for a 3rd bedroom or office. You’ll be ready for the beach with the contents of the convenient storage area: beach chairs, beach buggy, boogie boards, umbrellas, games and toys.

This in-demand complex is highly desirable and features 5-star amenities including: assigned covered parking, tennis courts, a community pool, fitness center, library and activity center, an elegant Casino Clubhouse with billiard table, TVs, bar and kitchen. Minorca offers access to the beach and the river, and features beach and river pavilions and docks for owners use. An active social committee provides a variety of activities and entertainment.

The town of New Smyrna Beach is one of the little know Old Florida treasures. An abundance of art, music and food experiences, and regular scheduled events, are offered on walking streets, both beachside and on the mainland, in the many restaurants, bars, and shops.

This pristine unit has been immaculately maintained by thoughtful owners. Close your eyes and imagine the endless possibilities of this coastal retreat, then schedule your private tour and start chasing the sunsets from this beautiful Minorca Condo.

Last Agent to Sell the Property

Sarah Caudill

FLORIDA LIFE REAL ESTATE GROUP Brokerage Phone: 386-295-8664 License #3297466 Listed on: 05/22/2024

Co-Listed By

Timothy Caudill

FLORIDA LIFE REAL ESTATE GROUP Brokerage Phone: 386-295-8664 License #3324943

Last Buyer's Agent

Gwendolin Fox-Curley

ENGEL & VOLKERS NEW SMYRNA License #3340272

ENGEL & VOLKERS NEW SMYRNA

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,031

Year Built

  • Built in 2004

Lot Details

  • Southeast Facing Home

HOA Fees

  • $822 Monthly HOA Fees

Property Views

  • Intracoastal
  • River

Home Design

  • Pillar, Post or Pier Foundation
  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 1,450 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Living Room
  • Dining Room

Kitchen

  • <<builtInOvenToken>>
  • Range<<rangeHoodToken>>
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer

Home Security

Parking

  • 1 Carport Space
  • 1 Parking Garage Space

Outdoor Features

  • Access To Intracoastal Waterway
  • River Access
  • Fishing Pier
  • Deeded access to the beach
  • Balcony

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, maintenance structure, ground maintenance, trash
  • The Palms At Minorca | Dawn Celli Association, Phone Number (386) 427-7510
  • Palms At Minorca Ph 01 Condo Subdivision
  • 9-Story Property

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Pet Size Limit
  • 2 Pets Allowed
  • Dogs and Cats Allowed
  • Medium pets allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,031

Year Built

Built in 2004

Lot Details

0

HOA Fees

$822 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Maintenance Structure, Maintenance Grounds, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1450
  • Lot Size Acres: 1.35
  • New Construction: No
  • Year Built: 2004
  • Building Area Total: 1590
  • Lot Size Sq Ft: 58614
  • Directions to Property: SR 44 to S. Peninsula Ave. Proceed North, crossing over Flagler Ave. and continuing North on North Peninsula Ave. to the MAIN Entrance of Minorca. Once through gatehouse turn left on Minorca Beach Way and the Evissa Bldg., 263 MBW, is on the left. You may park in open spaces near Clubhouse or tennis courts.
  • Status: Sold
  • Co List Office Mls Id: MFR269504760
  • Co List Office Phone: 386-295-8664
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Available for Lease YN: 1
  • Escrow City: New Smyrna Beach
  • Escrow Postal Code: 32168
  • Escrow State: FL
  • Escrow Street Name: Faulkner St.
  • Escrow Street Number: 124
  • Floor Number: 5
  • List Office Head Office Key Nume: 202588003
  • Minimum Lease: 1 Month
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 524.14
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • MFR_BedroomClosetType: No Closet
  • MFR_BedroomClosetType: No Closet
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 386-295-8664
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Elevator, Open Floorplan, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Range, Refrigerator, Washer
  • Foundation Details: Pillar/Post/Pier
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 9
  • Street Number Modifier: 263
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 134.71
  • Room Count: 5

Exterior Features

  • Direction Faces: Southeast
  • Exterior Features: Balcony
  • Roof: Built-Up
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Access: Beach - Access Deeded,Intracoastal Waterway,River
  • Water Extras: Fishing Pier
  • Water Extras YN: 1
  • Water View: Intracoastal Waterway,River
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Electric Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Gated Community - Guard, Pool, Sidewalks, Tennis Courts
  • Association Name: The Palms At Minorca | Dawn Celli
  • Phone: 386-427-7510
  • Association: Yes
  • Security: Fire Sprinkler System, Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: no more than two (2) household pets in his or her unit, limited to dog(s) or cat(s) with a total combined weight of not more than eighty (80) pounds at maturity
  • Association Fee Requirement: None
  • Building Name Number: EVISSA
  • Condo Fees: 822
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: mgrminorca@gmail.com
  • Monthly Condo Fee Amount: 822
  • Pet Size: Medium (36-60 Lbs.)
  • Development: Minorca

Fee Information

  • Total Annual Fees: 9864.00
  • Total Monthly Fees: 822.00

Lot Info

  • Zoning: R
  • Parcel Number: 7405-07-05-5030
  • Additional Parcels: No
  • Flood Zone Code: Zone X
  • Homestead YN: 1
  • Lot Size Square Meters: 5445

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: No lease shall be valid or approved for a term of less than 30 days.

Tax Info

  • Tax Annual Amount: 8031.37
  • Tax Block: 05
  • Tax Book Number: 00
  • Tax Lot: 5030

Multi Family

  • Approval Process: Please verify with HOA Manager.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2024
Closed on
Feb 5, 2025
Sold by
Susan M Amato Living Trust and Amato Susan M
Bought by
Cross Roy A and De Aguiar Cecilia
Seller's Agent
Sarah Caudill
FLORIDA LIFE REAL ESTATE GROUP
Buyer's Agent
Gwendolin Fox-Curley
ENGEL & VOLKERS NEW SMYRNA
List Price
$790,000
Sold Price
$760,000
Premium/Discount to List
-$30,000
-3.8%
Views
15
Current Estimated Value
$773,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,441
Avg. Annual Appreciation
4.06%

Purchase Details

Closed on
Mar 9, 2021
Sold by
Amato Peter E and Amato Susan M
Bought by
Amato Susan M and Susan M Amato Living Trust

Purchase Details

Listed on
Aug 15, 2019
Closed on
Jun 12, 2020
Sold by
Lynch Michelle
Bought by
Amato Peter E and Amato Susan M
Seller's Agent
Sarah Caudill
Florida Life Real Estate Group
Buyer's Agent
Sarah Caudill
Florida Life Real Estate Group
List Price
$460,000
Sold Price
$460,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.73%
Original Mortgage
$368,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 18, 2017
Closed on
Aug 9, 2017
Sold by
Peel John W and Malmberg Nancy A
Bought by
Lynch Michelle
Seller's Agent
Gwendolin Fox-Curley
ENGEL & VOLKERS NEW SMYRNA
Buyer's Agent
Sarah Caudill
FLORIDA LIFE REAL ESTATE GROUP
List Price
$432,000
Sold Price
$415,000
Premium/Discount to List
-$17,000
-3.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.69%
Original Mortgage
$409,561
Interest Rate
3.88%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Deed $760,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Warranty Deed $460,000 Attorney
Warranty Deed $415,000 Professional Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $368,000 New Conventional
Previous Owner $409,561 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2025 02/05/25 Sold $760,000 -2.6% $524 / Sq Ft
01/15/2025 01/15/25 Pending -- -- --
07/09/2024 07/09/24 Price Changed $780,000 -1.3% $538 / Sq Ft
05/22/2024 05/22/24 For Sale $790,000 +71.7% $545 / Sq Ft
06/12/2020 06/12/20 Sold $460,000 0.0% $317 / Sq Ft
06/12/2020 06/12/20 Sold $460,000 0.0% $317 / Sq Ft
04/27/2020 04/27/20 Pending -- -- --
04/27/2020 04/27/20 Pending -- -- --
08/15/2019 08/15/19 For Sale $460,000 -8.0% $317 / Sq Ft
08/12/2019 08/12/19 For Sale $499,900 +20.5% $345 / Sq Ft
08/11/2017 08/11/17 Sold $415,000 -3.9% $286 / Sq Ft
07/28/2017 07/28/17 Pending -- -- --
06/18/2017 06/18/17 For Sale $432,000 -- $298 / 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 $8,031 $540,511 -- --
2024 $8,031 $525,278 -- --
2023 $8,031 $509,979 $0 $0
2022 $7,691 $495,125 $0 $495,125
2021 $7,264 $406,625 $0 $406,625
2020 $6,018 $377,492 $0 $0
2019 $6,089 $369,005 $0 $0
2018 $6,083 $362,125 $0 $362,125
2017 $6,405 $326,340 $81,585 $244,755
2016 $6,692 $318,570 $0 $0
2015 $7,040 $322,196 $0 $0
2014 $7,148 $322,196 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: NS1081597

Stellar MLS

APN: 7405-07-05-5030