$740,000
$50K PRICE DROP

Mallorca Building 265 Minorca Beach Way Unit 505 Floor 5 New Smyrna Beach, FL 32169

North Beach Neighborhood

Estimated payment $5,886/month

Total Views 5,890
2 Beds
2 Baths
1,655 Sq Ft
$447 Price per Sq Ft

Highlights

  • Fitness Center
  • Gated Community
  • Clubhouse
  • Coronado Beach Elementary School Rated 9+
  • 1.72 Acre Lot
  • Community Pool

About This Home

Experience the ultimate coastal lifestyle in the beautifully updated 2 bedroom 2 bath condo in the gated Minorca community. Featuring a versatile den that can serve as a third bedroom , home office, or flex space. This condo(unit) offers just-made upgrades from original finishes including porcelain tile nearly throughout, resurfaced kitchen cabinets, a new quartz countertop with updated sink, faucet and disposal and all new light fixtures and ceiling fans. The look is contemporary and on trend. This condo has an assigned parking space in the garage as well as a storage space outside the unit. Steps to the beach and to Smyrna Dunes Park. Minorca offers 24 hour gates security, heated pool, tennis courts, fitness center , dry heat sauna and clubhouse with billiards.

Listing Agent

Syna Prasse

SMITH REALTY AND ASSOC INC Brokerage Phone: 386-690-0542 License #3129586 Listed on: 03/05/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,731

Year Built

  • Built in 2005

Lot Details

  • East Facing Home

HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Entry on the 5th floor
  • Concrete Siding

Interior Spaces

  • 1,655 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Living Room
  • Dining Room
  • Den
  • Tile Flooring
  • Laundry Room

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Outdoor Storage

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, pool
  • Minorca Properties Association, Phone Number (386) 427-5710
  • Palms At Minorca Ph 03 Subdivision
  • The community has rules related to allowable golf cart usage in the community
  • 8-Story Property

Amenities

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • 0 Pets Allowed
  • Dogs and Cats Allowed

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,731

Year Built

Built in 2005

Lot Details

0

HOA Fees

$1,096 per month

Parking

1

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Pool
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 1655
  • Lot Size Acres: 1.72
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 1655
  • Lot Size Sq Ft: 74936
  • Status: Active
  • Ownership: Fee Simple
  • Entry Level: 5
  • Building Area Total Srch Sq M: 153.75
  • Escrow City: New Smyrna Beach
  • Escrow State: FL
  • Escrow Street Name: N Causeway
  • Floor Number: 5
  • Minimum Lease: 1 Month
  • Number Of Pets: 0
  • RATIO Current Price By Calculate: 447.13
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 386-690-0542
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Refrigerator
  • Foundation Details: Other
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 8
  • Living Area Meters: 153.75

Exterior Features

  • Direction Faces: East
  • Other Structures: Tennis Court(s)
  • Exterior Features: Balcony, Sliding Doors, Storage, Tennis Court(s)
  • Roof: Other
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

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

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Gated Community - Guard, Golf Carts OK, Pool, Tennis Court(s)
  • Association Amenities: Clubhouse, Gated
  • Association Fee: 764
  • Association Fee Frequency: Monthly
  • Association Name: Minorca Properties
  • Phone: 386-427-5710
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • Association #2 Fee: 332
  • Association #2 Fee Frequency: Monthly
  • Association: Minorca Properties
  • Association Phone #2: 386-427-5710
  • Association 2 YN: 1
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Condo Land Included YN: 0
  • Development: Minorca

Fee Information

  • Total Annual Fees: 13152.00
  • Total Monthly Fees: 1096.00
  • Monthly HOA Amount: 764.00

Lot Info

  • Zoning: R
  • Parcel Number: 7405-07-06-0505
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Cats OK, Dogs OK
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 10730.79
  • Tax Block: 4770
  • Tax Book Number: 5587
  • Tax Lot: 04

Multi Family

  • Approval Process: Board approval

Map

About Mallorca Building

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $9,887 $733,375 -- $733,375
2024 $9,887 $733,375 -- $733,375
2023 $9,887 $661,375 $0 $661,375
2022 $8,534 $533,750 $0 $533,750
2021 $7,930 $444,125 $0 $444,125
2020 $7,376 $411,500 $0 $411,500
2019 $7,000 $376,000 $0 $376,000
2018 $6,949 $365,875 $0 $365,875
2017 $6,797 $346,459 $86,615 $259,844
2016 $7,328 $349,013 $0 $0
2015 $7,709 $352,985 $0 $0
2014 $7,685 $352,985 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2025 05/23/25 Price Changed $740,000 -6.3% $447 / Sq Ft
03/05/2025 03/05/25 For Sale $790,000 -- $477 / Sq Ft
Source: Stellar MLS

Source: Stellar MLS

MLS Number: NS1084068

Stellar MLS

APN: 7405-07-06-0505

Florida Volusia County New Smyrna Beach 32169 North Beach

265 Minorca Beach Way Unit 505, New Smyrna Beach, FL

For Sale

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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Syna Prasse
Listing Agent
Syna Prasse
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SMITH REALTY AND ASSOC INC
(386) 388-6379