$7,490,000
PENDING $500K PRICE DROP

Estimated payment $41,137/month

Total Views 2,905
10 Beds
12 Baths
6,612 Sq Ft
$1,133 Price per Sq Ft

Highlights

  • Property fronts gulf or ocean
  • Heated Lap Pool
  • High Ceiling
  • Coronado Beach Elementary School Rated 9+
  • Outdoor Kitchen
  • Stone Countertops

About This Home

Under contract-accepting backup offers. A rare chance to acquire Joy by the Sea - New Smyrna Beach’s premier 5-star luxury vacation resort. This exclusive direct oceanfront property combines a fully renovated (2021) coastal estate with six upscale beachside villas and a direct oceanfront 4 bedroom, 4 bathroom pool home, creating a truly one-of-a-kind boutique resort experience. Spanning two lots in the heart of New Smyrna’s highly sought-after short-term rental district, Joy by the Sea offers unmatched flexibility and proven income performance. The private oceanfront home delivers unobstructed views, private beach access, and a resort-style pool and spa with a volleyball net, surrounded by expansive decks designed for entertaining and relaxation. Inside, you’ll find elegant living spaces, two balconies with breathtaking ocean views, an elevator, a fully stocked kitchen with a Nespresso machine, and four beautifully appointed bedrooms: a king suite with stunning ocean views, a wine chiller/beverage fridge and a Nespresso machine, a twin bedroom with a small private balcony, a queen bedroom, and an additional twin room. Outdoors, enjoy a covered patio with a dining table, a hot tub, lounge seating, and an outdoor kitchen featuring two built-in green egg grills, a custom-built concrete pizza oven, a custom-built large charcoal or wood fire grill, a beverage fridge, and a nine-person bar top. The home is also equipped with 5 Smart TVs and offers driveway parking for your vehicles. Directly across the street, six fully furnished bungalow-style villas surround a private saltwater pool and tropical courtyard, offering additional high-end accommodations. The villas include two one-bedroom units, each sleeping up to eight guests, and four studio villas, each accommodating four guests. Every bungalow features a fully equipped kitchen with a microwave oven, stove, sink, full-size refrigerator, and stackable washer and dryers, making them perfect for extended stays. Both the Ocean Front home and the six studio villas are backed up by 3 Generac Guardian 26kW Aluminum Home Standby Generators to ensure a comfortable stay during Florida's unpredictable weather. Celebrated for its impeccable design, premium finishes, and exceptional guest reviews, Joy by the Sea is ideal for family reunions, luxury vacations, weddings, corporate gatherings, and special events. Offered fully turnkey, the property conveys with all furniture, décor, and appliances, making it truly move-in ready. The oceanfront home provides private beach access, while the bungalows are just steps away from public beach access. Whether you’re seeking a trophy asset, a high-yield rental property, a private coastal retreat, or a strategic 1031 exchange, Joy by the Sea’s boutique scale, iconic presence, and turnkey condition make it one of Florida’s most unique and recognizable oceanfront properties. Offered as a complete package, this is an extraordinary opportunity to own a true coastal gem.

Listing Agent

Chad Erickson

COLLADO REAL ESTATE Brokerage Phone: 386-427-0002 License #3473321 Listed on: 09/10/2025

COLLADO REAL ESTATE

Co-Listing Agent

Denise Korrey

KORR REALTY CORP Brokerage Phone: 386-427-0002 License #3180987

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,257

Year Built

  • Built in 1957

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 100x100
  • Property fronts gulf or ocean
  • Fenced
  • Irrigation Equipment
  • Garden

Home Design

  • Slab Foundation
  • Metal Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 6,612 Sq Ft Home
  • Crown Molding
  • Coffered Ceiling
  • High Ceiling
  • Ceiling Fan
  • Shade Shutters
  • Sliding Doors
  • Full Gulf or Ocean Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Stone Countertops
  • Solid Wood Cabinet

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 12 Bathrooms

Accessible Home Design

  • Accessibility Features

Pool

  • Heated Lap Pool
  • Heated In Ground Pool
  • Gunite Pool
  • Pool Deck
  • Outdoor Shower
  • Pool Tile
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony
  • Courtyard
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Thermostat

Community Details

  • No Home Owners Association
  • 7 Buildings
  • 7 Units
  • Joy By The Sea Condos
  • New Smyrna Beach Subdivision

Listing and Financial Details

  • Legal Lot and Block 15 / 20
  • Assessor Parcel Number 7422-01-20-0150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,257

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 6612
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1957
  • Lot Size Sq Ft: 10000
  • Status: Pending
  • Street Direction: S
  • Co List Office Mls Id: MFR261011860
  • Co List Office Phone: 407-732-6987
  • Ownership: Fee Simple
  • Escrow State: FL
  • RATIO Current Price By Calculate: 1132.79
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • Attribution Contact: 386-427-0002
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Accessibility Features, Ceiling Fans(s), Coffered Ceiling(s), Crown Molding, Eat-in Kitchen, High Ceilings, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
  • Foundation Details: Slab
  • Total Bedrooms: 10
  • Other Equipment: Irrigation Equipment
  • Living Area Meters: 614.27

Exterior Features

  • Pool Features: Deck, Gunite, Heated, In Ground, Lap, Lighting, Tile
  • Exterior Features: Balcony, Courtyard, Fence, Garden, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Rain Gutters, Shade Shutter(s), Sliding Doors
  • Roof: Metal
  • Pool Private: Yes
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water Access: Gulf/Ocean
  • Water View: Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Complex Community Name Nccb: JOY BY THE SEA
  • Development: Fuquay

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: 10R6
  • Parcel Number: 7422-01-20-0150
  • Additional Parcels: No
  • Lot Dimensions: 100x100
  • Flood Zone Code: X

Multi Family

  • Number Of Units Total: 7
  • Waterfront Features: Gulf/Ocean
  • Total Num Buildings: 7
  • Unit Count: 7

Tax Info

  • Tax Annual Amount: 22256.85
  • Tax Block: 20
  • Tax Book Number: 7-29
  • Tax Lot: 15

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/28/2025 11/28/25 Pending -- -- --
11/06/2025 11/06/25 Price Changed $7,490,000 -6.3% $1,133 / Sq Ft
09/10/2025 09/10/25 For Sale $7,990,000 +594.8% $1,208 / Sq Ft
07/22/2020 07/22/20 Sold $1,150,000 0.0% $329 / Sq Ft View Prior Sale
07/08/2020 07/08/20 Pending -- -- --
04/03/2019 04/03/19 For Sale $1,150,000 -- $329 / Sq Ft
Source: Stellar MLS

Source: Stellar MLS

MLS Number: NS1085841

Stellar MLS