263 Minorca Beach WAY, #503, New Smyrna Beach, FL, 32169 | $780,000

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!

Located at the northern tip of the island, Minorca is uniquely positioned for proximity to the ocean, inlet, and river. Upon entering this unit, you will be met with sweeping panoramic views of the ocean and beaches, the Daytona skyline, Ponce Inlet Lighthouse, a steady flow of pleasure boat river traffic, and playful dolphins. Relaxing on your balcony, you will observe egrets, osprey, pelicans and more passing at eyelevel above Smyrna Dunes Park, an incredible 184-acre inlet park with a 2. 5-mile boardwalk loop trail and the only dog friendly beach in NSB. All this only ¼ mile from your door. Captivating golden sunsets will yield to stunning constellations above Ponce Light as it begins its nightly rounds.

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 complete with towel warmer. The bonus room has twin beds and is the perfect space to use for a 3rd bedroom or office. You’ll be ready for the beach with the contents of the convenient storage area: beach chairs, beach buggy, boogie boards, umbrellas, games and toys.

This in-demand complex is highly desirable and features 5-star amenities including: assigned covered parking, tennis courts, a community pool, fitness center, library and activity center, an elegant Casino Clubhouse with billiard table, TVs, bar and kitchen. Minorca offers access to the beach and the river, and features beach and river pavilions and docks for owners use. An active social committee provides a variety of activities and entertainment.

The town of New Smyrna Beach is one of the little know Old Florida treasures. An abundance of art, music and food experiences, and regular scheduled events, are offered on walking streets, both beachside and on the mainland, in the many restaurants, bars, and shops.

This pristine unit has been immaculately maintained by thoughtful owners. 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.

Features

  • Elevator: Y
  • Heating: Electric
  • Cooling: Central Air
  • Levels: 9
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Electric Dryer Hookup, Inside
  • Complex: PALMS AT MINORCA PH 01 CONDO
  • Year Built: 2004
  • Approx Sq. Feet: 1,450
  • Acreage: 1.35
  • Est. Taxes: $8,031
  • Condo Fee: $730 Monthly
  • View: Water
  • Pet Policy: Cats OK, Dogs OK, Number Limit, Size Limit
  • Appliances: Built-In Oven, Dishwasher, Disposal, Range, Refrigerator, Washer
  • MLS#: NS1081597
  • Days on Market: 170 days
  • Website: https://www.raveis.com
    /prop/NS1081597/263minorcabeachway_newsmyrnabeach_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/23/2024 3:36:22 PM)
Listing courtesy of FLORIDA LIFE REAL ESTATE GROUP   Phone: 386-878-2110

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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263 Minorca Beach WAY, #503, New Smyrna Beach, FL, 32169

$780,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $624,000 $624,000 $624,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment $669 $669 $669
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,151 $4,147 $5,350
Total Monthly Payment $4,912 $4,908 $6,111

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.