tomo logo

$1,725,000

Beds
3
Baths
2.5
sq ft
2,110

250 Minorca Beach Way Unit 706, New Smyrna Beach, FL 32169

250 Minorca Beach Way Unit 706

NEW SMYRNA BEACH, FL 32169

  • 11 days on market
Prepare to be captivated the moment you enter this exceptional condominium; a true hidden gem awaiting a new owner to cherish and enjoy. This bright, airy, and impeccably maintained family condominium is situated in the sought after Minorca community at the northern tip of New Smyrna Beach. This first-class corner unit features three bedrooms and two and a half baths, offering breathtaking panoramic views of the Atlantic Ocean, Intracoastal Waterway, and the vibrant lights of downtown, as well as the enchanting spectacle of holiday fireworks and rocket launches from Cape Canaveral. Both sunrises and sunsets can be savored from the front and back balconies, which face southeast and northwest, respectively. The condominium exudes warmth and elegance, enhanced by newly installed wood floors throughout. Recent renovations include updated appliances, bathrooms, closet inserts, and a soothing color palette. It is ideally suited for entertaining or simply unwinding while enjoying the invigorating sea breeze and the sound of crashing waves. The Paros Building in Minorca is truly distinctive, fostering a welcoming atmosphere for both full-time residents and long-term renters. The community is supported by a dedicated HOA board committed to maintaining the building's excellent condition and ensuring financial stability while adhering to the most rigorous safety standards. Residents benefit from an active social committee that organizes a variety of engaging events catering to diverse interests. While participation is encouraged, it is entirely voluntary. The community offers a range of athletic activities, social enhancements, and charitable initiatives, including food and toy drives for local families in need. Amenities include some of the finest hardcourt tennis courts in New Smyrna Beach, a clubhouse for monthly gatherings, billiards, a library, craft and game rooms, a fully equipped gym, and access to boat docks when available and fishing areas along the river and ocean. Residents can enjoy BBQ facilities, yoga sessions, ping pong, and kayaking, with convenient access to the beach for walking, sunbathing, surfing, and biking. The adjacent Volusia County Smyrna Dunes Park is perfect for dog walking with a beach for dogs to play. This condominium has been lovingly maintained by the full-time owner for the past 11 years, who hopes that its next steward will continue to appreciate its charm. Experience this remarkable property for yourself—seeing is believing!

Details

Property type

Condominium

Est. home value

$1,041,598

Lot size

Unknown

Price per sq ft

$818

Year built

2005

Annual property taxes

$8,976

Monthly HOA fee

$733

Price History

11/12/2024
StellarMLS

StellarMLS #O6252617

Listed
$1,725,000

Schools & Community

Neighborhood: 

North Beach

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Clubhouse, Fitness Center, Pool, Tennis Court(s)

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,300,513
Asking price
$1,725,000
Closing costs (~8% of asking)
-$138,000
Est. remaining loan balance
-$286,487
Cash to seller
$1,300,513

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Branch Banking And Trust Co

Loan start date

February 2013

Original loan amount

$395,000

Est. remaining balance

$286,487

Interest rate

3.4%

Loan type

New Conventional, 30 year

Seller

Christopher R Smith

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/23/2024 at 1:35 PM

Listing updated: 11/13/2024 at 4:55 PM

Listed by: Paul O'Brien, LOCAL LIVING REALTY GROUP Phone #: (386) 314-5458

MLS: StellarMLS #O6252617

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