261 Minorca Beach WAY, #401, New Smyrna Beach, FL, 32169 | $1,589,000

Experience unparalleled oceanfront luxury and breathtaking views in this gorgeous corner residence featuring the coveted Coquina floor plan that comes fully furnished. With 4 bedrooms, 3 baths, and 2 spacious balconies, this light-filled end unit captures incredible views over Smyrna Dunes Park to the west, north, and east. Nestled in a prime location, this residence offers stunning views of the ocean, inlet, and intracoastal waterways. The Coquina offers an open floor plan that seamlessly blends the living room, dining room, and eat in kitchen which offers stunning views from every direction. This chef’s dream kitchen features stainless steel appliances, solid surface countertops, a large island for food prep, and an eat in area for ease. Fall asleep or wake up to lighthouse views from the spacious master suite while watching the sailboats and dolphins from your sunset balcony. The ensuite offers dual sinks, plenty of storage, a freestanding shower with floor to ceiling tile surround, and a soaker tub. There are three additional bedrooms and 2 bathrooms providing ample room for family and guests. In addition to the spacious interior storage, there is a separate secured storage room just steps from your front door, ideal for your beach cart, surfboards, and beach chairs with an assigned parking space, #43, in the garage under the building. Additional open parking is available in the large lot. The Karpathos Building offers a private pool and spa area shared by only two buildings, as well as access to a heated community pool and spa area. Enjoy kayaking and paddleboarding from Minorca's private river pavilion, complete with storage racks, a fishing pier, and docks to watch dolphins and manatees frolicking in the river. The pavilion also features grills, a screened gathering area, restrooms, and a ping pong table. The gorgeous clubhouse offers a complete fitness center, sauna, billiards, catering kitchen, and lounge. Enjoy the great tennis center with four lighted Har-Tru tennis courts. The lush natural landscaping and park-like setting include pedestrian walkways and boardwalks, providing a peaceful retreat. This home offers a resort lifestyle with easy access to the ocean, beach, and river. The incredible dog beach and boardwalks are just steps away. Enjoy the tranquility and beauty of nature while being steps to from the vibrant community and amenities. Own this stunning corner residence offering a gated community resort lifestyle with spectacular views and luxurious amenities. Schedule your showing today.

Features

  • Elevator: Y
  • Heating: Central
  • Cooling: Central Air
  • Levels: 9
  • Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance, Pool, Tennis Court(s)
  • Rooms: 7
  • Bedrooms: 4
  • Baths: 3 full
  • Laundry: Inside
  • Complex: HAMMOCKS AT MINORCA CONDO
  • Year Built: 2006
  • Approx Sq. Feet: 2,610
  • Acreage: 2.78
  • Est. Taxes: $17,969
  • Condo Fee: $1,283 Monthly
  • Pet Policy: Cats OK, Dogs OK, Number Limit, Size Limit
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: NS1082233
  • Days on Market: 126 days
  • Website: https://www.raveis.com
    /prop/NS1082233/261minorcabeachway_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 12/26/2024 1:17:08 PM)
Listing courtesy of COLLADO REAL ESTATE   Phone: 386-427-0002

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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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261 Minorca Beach WAY, #401, New Smyrna Beach, FL, 32169

$1,589,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,271,200 $1,271,200 $1,271,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.545% 6.748% 6.932%
Monthly Tax Payment $1,497 $1,497 $1,497
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,245 $8,140 $11,249
Total Monthly Payment $9,867 $9,762 $12,871

* 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.