$7,999,000
$7M PRICE DROP

Estimated payment $45,893/month

Total Views 12,011
4 Beds
4 Baths
2,592 Sq Ft
$3,086 Price per Sq Ft

Highlights

  • 100 Feet of Waterfront
  • Beach View
  • Heated In Ground Pool
  • Coronado Beach Elementary School Rated 10
  • Water access To Gulf or Ocean
  • 0.38 Acre Lot

About This Home

Seller MOTIVATED!! This is an exceptional opportunity to own one of the most renowned, first of its kind, exclusive, 5-Star, Luxury Vacation Resorts, in the heart of New Smyrna Beach, Florida – JOY BY THE SEA. This iconic, luxurious, vacation compound, spanning over 3 lots, is recognized by its spectacular, all matching, bright blue metal roof tops. It is perfect for family vacations, weddings, reunions, parties, gatherings & more and is conveniently located in the short-term rental locale. Joy by the Sea features both a direct OCEANFRONT BEACH HOUSE with private pool & jacuzzi as well as SIX BEACHSIDE VILLAS that surround a refreshing, saltwater private pool amidst gorgeous, lush tropical landscaping. The exquisite, Coastal Mediterranean, Luxurious Beach House was completely remodeled in 2021 with impeccable attention to detail and a seamless blend of elegance & timeless charm. This leaves nothing to be desired with its unobstructed ocean views, mere footsteps to feeling sand & ocean water in your toes, with state of the art amenities, including a private sport pool with volleyball net, huge deck with jacuzzi tub, lounge chairs, outdoor kitchen with concrete wood-burning oven, 2 built-in charcoal grills, beverage fridge, covered patio with dining table & a 9-person bar top overlooking the pool and ocean. Inside, enjoy 2,600 SF of living space under central air, 3 levels, living room, dining room, gourmet kitchen with island, 4 bedrooms, 4 full baths, including 1 King bed, 2 Queen beds & 4 Twin beds to sleep 10 comfortably & 2 balconies offering breathtaking views any time of day. Directly across the street are the Six Upscale Beachside Villas which include two, 1-bedroom two-story units and four ,1-level Studios which, in total, sleep 32. Each are stylishly appointed, fully renovated with premium furnishings, high-end appliances, private washers & dryers, balconies on the 2-story units & all surrounding the private community pool, patio with lounge chairs and umbrella, also, an outdoor shower, gazebo, 2 outdoor grills, bicycles and concierge for any needs or requests. Location, location, location. While the Beach House has direct ocean access with its own private walkway, Joy by the Sea is situated right next to a public beach access for the convenience of the Villas. Enjoy being less than 2 miles from Flagler Avenue Beachfront where you can visit all of the family-owned & operated restaurants, shops and entertainment venues, embracing everything that New Smyrna Beach, Florida represents. Only 8 miles away is The Preserve at Turnbull Bay, 15 mins from Venetian Bay, 20 mins from Sugar Mill, Cypress Head Golf Club is within 14 miles & Daytona Beach Golf Club within 17 miles. Joy by the Sea is conveniently located within 22 miles of the Daytona Beach International Airport and within 35 miles of the Sanford International Airport. This is an incredible opportunity for anyone looking to invest in an income-producing, 5-Star, oceanfront compound which is an icon of New Smyrna Beach, Florida. Joy by the Sea is the epitome of luxury an exceptionalism & truly has it all. The ideal location for family vacations, reunions, weddings, corporate retreats & any event. Joy by the Sea is being offered as a package only, to include both the Beach House & all 6 Luxury Villas. Come preview this exceptional property for an outstanding investment opportunity as well as a privilege to own one of the most iconic properties in all of New Smyrna Beach, Florida.

Listing Agent

Deanna Armel

ARMEL REAL ESTATE INC Brokerage Phone: 407-509-3812 License #3187180 Listed on: 09/13/2024

Co-Listing Agent

Cristina Aguirre Colasanti

ACG HOMES LLC Brokerage Phone: 407-509-3812 License #3378455

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,159

Year Built

  • Built in 1950

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 50 x 328
  • 100 Feet of Waterfront
  • 50 Feet of Ocean or Gulf Waterfront
  • 50 Feet of Public Beach Waterfront
  • West Facing Home
  • Mature Landscaping
  • Irrigation Equipment
  • 2 Lots in the community
  • Additional Parcels
  • Property is zoned R3

Property Views

  • Beach
  • Full Gulf or Ocean
  • Pool

Home Design

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

Interior Spaces

  • 2,592 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Built-In Features
  • Bar Fridge
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Shade Shutters
  • Sliding Doors
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Disposal

Flooring

  • Brick
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Closed Circuit Camera
  • Fire and Smoke Detector

Parking

  • Parking Pad
  • Ground Level Parking
  • Open Parking

Accessible Home Design

  • Exterior Wheelchair Lift

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Saltwater Pool
  • Outdoor Shower
  • Outside Bathroom Access
  • Pool Tile
  • Pool Lighting
  • Heated Spa
  • Above Ground Spa

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony
  • Deck
  • Covered patio or porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill

Schools

  • Coronado Beach Elementary School
  • New Smyrna Beach Middl Middle School
  • New Smyrna Beach High School

Utilities

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

Community Details

  • No Home Owners Association
  • New Smyrna Beach Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,159

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block, Concrete, Other, Stucco
  • Fireplace: No
  • Living Area: 2592
  • Lot Size Acres: 0.38
  • New Construction: No
  • Year Built: 1950
  • Accessibility Features: Exterior Wheelchair Lift
  • Building Area Total: 3265
  • Lot Size Sq Ft: 16400
  • Number Of Lots: 2
  • Directions to Property: I-95 N toward Titusville to Exit 249 onto SR-44 toward New Smyrna Beach, Turn Rt onto SR-44, Turn Left onto E 19th Ave, Turn Rt onto Hill St, the house is on your Left.
  • Status: Active
  • Co List Office Mls Id: MFR261017903
  • Co List Office Phone: 352-665-1000
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1041837
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 3086.03
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 1
  • Planned Unit Development Yn: 0
  • Water Frontage Feet Beach: 50
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 407-509-3812
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 4
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Window Treatments
  • Appliances Included: Bar Fridge, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Block, Slab
  • Total Bedrooms: 4
  • Levels: Three Or More
  • Other Equipment: Irrigation Equipment, Generator
  • Spa Features: Above Ground, Heated
  • Spa Yn: Yes
  • Stories: 3
  • Street Number Modifier: 2903
  • Additional Rooms: Family Room,Inside Utility
  • Living Area Meters: 240.80
  • Room Count: 10

Exterior Features

  • Direction Faces: West
  • Other Structures: Outdoor Kitchen
  • Pool Features: Gunite, Heated, In Ground, Lighting, Outside Bath Access, Salt Water, Tile
  • Exterior Features: Balcony, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Shade Shutter(s), Sliding Doors
  • Roof: Metal
  • Home Warranty: No
  • Pool Private: Yes
  • View: Pool, Water
  • Water Body Name: NEW SMYRNA BEACH
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Rear Porch
  • Road Surface Type: Other
  • Water Access: Beach,Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Beach,Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 100
  • Additional Water Information: North Atlantic Ocean - cars allowed on beach
  • Water Frontage Feet Gulf Ocean: 50

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Ground Level, Open, Parking Pad

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Security: Closed Circuit Camera(s), Security Lights, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Complex Community Name Nccb: JOY BY THE SEA NSB
  • Condo Land Included YN: 0
  • Development: Fuquay

Fee Information

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

Schools

  • Elementary School: Coronado Beach Elem
  • High School: New Smyrna Beach High
  • Middle Or Junior School: New Smyrna Beach Middl

Lot Info

  • Zoning: R3
  • Parcel Number: 22-17-34-01-20-0020
  • Additional Parcels Description: 22-17-34-01-20-0150
  • Additional Parcels: Yes
  • Lot Features: CoastalConstruction Control Line, City Limits, Landscaped, Unpaved
  • Lot Dimensions: 50 x 328
  • Property Attached Yn: Yes
  • Flood Zone Code: VE,X
  • Homestead YN: 0
  • Lot Size Square Meters: 1524
  • Zoning Compatible YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: 3 day minimum rental

Tax Info

  • Tax Annual Amount: 25158.62
  • Tax Block: 0127
  • Tax Book Number: 0007
  • Tax Lot: 0020

Multi Family

  • Waterfront Features: Beach Front, Gulf/Ocean

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

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 $25,159 $1,800,733 $1,085,000 $715,733
2024 $25,159 $1,800,212 $1,085,000 $715,212
2023 $25,159 $1,577,920 $775,000 $802,920
2022 $20,029 $1,182,073 $669,500 $512,573
2021 $14,888 $875,335 $0 $0
2020 $16,748 $935,073 $607,700 $327,373
2019 $16,778 $902,251 $576,800 $325,451
2018 $15,817 $857,845 $528,390 $329,455
2017 $15,242 $838,725 $510,082 $328,643
2016 $14,577 $726,076 $0 $0
2015 $13,586 $630,925 $0 $0
2014 $11,817 $532,007 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2025 07/08/25 Price Changed $7,999,000 -20.0% $3,086 / Sq Ft
03/24/2025 03/24/25 Price Changed $9,999,000 -4.8% $3,858 / Sq Ft
03/06/2025 03/06/25 Price Changed $10,500,000 -4.5% $4,051 / Sq Ft
02/02/2025 02/02/25 Price Changed $11,000,000 -4.3% $4,244 / Sq Ft
01/08/2025 01/08/25 Price Changed $11,500,000 -4.2% $4,437 / Sq Ft
11/22/2024 11/22/24 Price Changed $12,000,000 -4.0% $4,630 / Sq Ft
11/01/2024 11/01/24 Price Changed $12,500,000 -13.8% $4,823 / Sq Ft
10/08/2024 10/08/24 Price Changed $14,500,000 -3.3% $5,594 / Sq Ft
09/13/2024 09/13/24 For Sale $15,000,000 +2197.1% $5,787 / Sq Ft
05/24/2012 05/24/12 Sold $653,000 0.0% $283 / Sq Ft
05/15/2012 05/15/12 Pending -- -- --
03/27/2012 03/27/12 For Sale $653,000 -- $283 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $2,000,000 Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $653,000 First American Title Ins Co
Warranty Deed $269,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $417,000 New Conventional
Previous Owner $500,000 Credit Line Revolving
Previous Owner $500,000 Credit Line Revolving
Previous Owner $200,000 New Conventional
Previous Owner $205,000 No Value Available
Source: Public Records

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Source: Stellar MLS

MLS Number: O6240607

Stellar MLS

APN: 7422-01-20-0020