250 Minorca Beach WAY, #706, New Smyrna Beach, FL, 32169 | $1,725,000

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!

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 9
  • Rooms: 8
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Laundry: Inside
  • Complex: PALMS/MINORCA
  • Year Built: 2005
  • Common Charge: $733 Monthly
  • Approx Sq. Feet: 2,110
  • Est. Taxes: $8,976
  • Lot Desc: City Lot
  • Pet Policy: Cats OK, Dogs OK, Number Limit, Size Limit, Yes
  • Appliances: Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: O6252617
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/O6252617/250minorcabeachway_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 11/14/2024 4:09:40 PM)
Listing courtesy of LOCAL LIVING REALTY GROUP   Phone: 386-314-5458

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NMLS Mortgage Loan Originator ID 16953

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250 Minorca Beach WAY, #706, New Smyrna Beach, FL, 32169

$1,725,000

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 $1,380,000 $1,380,000 $1,380,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.750% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.321% 6.826% 6.936%
Monthly Tax Payment $748 $748 $748
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,951 $8,951 $12,212
Total Monthly Payment $9,824 $9,824 $13,085

* 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.