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$780,000

Beds
2
Baths
2.0
sq ft
1,450

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

263 Minorca Beach Way Unit 503

NEW SMYRNA BEACH, FL 32169

  • 167 days on market
    • Price drop $10,000↓
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! This in-demand complex is highly desirable and features 5-star amenities. Assigned covered parking and storage along with the common areas, tennis courts, a community pool, and fitness center, give you every convenience. Minorca offers access to the beach, the river, and features beach and river pavilions for owners to use. 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. The bonus room has twin beds and is the perfect space to use for a 3rd bedroom or office. Experience the calming river breezes from the spacious balcony overlooking the intracoastal waterway and coast guard station. This pristine unit has been immaculately maintained by thoughtful owners and you are just minutes from everything you could want, restaurants, shopping, smyrna dunes park, and so much more! 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!

Details

Property type

Condominium

Est. home value

$744,773

Lot size

1.35 acres

Price per sq ft

$538

Year built

2004

Annual property taxes

$8,031.37

HOA fee

$730

Price History

07/09/2024
StellarMLS

StellarMLS #NS1081597

Price change
$780,000
-1.27%
05/22/2024
StellarMLS

StellarMLS #NS1081597

Listed
$790,000
+71.74%
06/12/2020
StellarMLS

StellarMLS #NS1050902

Sold
$460,000
+10.84%

Schools & Community

Neighborhood: 

North Beach

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Clubhouse, Fitness Center, Pool, Sidewalks, 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

$382,921
Asking price
$780,000
Closing costs (~8% of asking)
-$62,400
Est. remaining loan balance
-$334,679
Cash to seller
$382,921

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

Seller’s Loan History

Lender

Flagstar Bank Fsb

Loan start date

June 2020

Original loan amount

$368,000

Est. remaining balance

$334,679

Interest rate

3.33%

Loan type

New Conventional, 30 year

Seller

Peter E Amato and Susan M Amato

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?

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Status: Active

Tomo last checked: 11/05/2024 at 1:50 AM

Listing updated: 07/09/2024 at 9:18 AM

Listed by: Sarah Caudill, FLORIDA LIFE REAL ESTATE GROUP Phone #: (386) 878-2110

MLS: StellarMLS #NS1081597

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