250 Minorca Beach WAY, #402, New Smyrna Beach, FL, 32169 | $749,900

Under contract-accepting backup offers. luxury condo in the Minorca Community where you are surrounded by beautiful resort style Florida living. This Paros 3 bedroom, 2 bathroom condo home is furnished and turnkey. Views of the ocean from the living room, kitchen, and master bedrooms. Spacious open floor plan features a tastefully decorated dining and living room area. The well-appointed kitchen has newer appliances, granite counter tops, and plenty of cabinet space perfect for hosting guests. Experience a breath-taking sunrise from the privacy of your balcony accessible from the breakfast nook and the living room. The master suite offers excellent views of the ocean, walk-in closets, master bathroom with double vanities, glass shower and Jacuzzi Brand garden tub. The other two bedrooms are spacious and comfortable. This community has a heated pool, spa, tennis center, with 4 lighted tennis courts, fitness center, sauna and community clubhouse complete with billiards, catering kitchen and lounge. Kayak and Paddle Board from Minorca's Private River Pavilion great for fishing, or watching the dolphins, complete with storage racks, restrooms and even a ping pong table. Minorca offers first class private security with a manned guard shack. Docks must be purchased or leased seperatly. Unit is in estate and owner wants it sold price reflects this.

Features

  • Elevator: Y
  • Heating: Central, Electric, Heat Pump
  • Cooling: Central Air
  • Levels: 7
  • Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Pool, Security, Tennis Court(s)
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Inside, Laundry Room
  • Complex: PALMS AT MINORCA PH 02 CONDO
  • Year Built: 2005
  • Approx Sq. Feet: 1,655
  • Acreage: 1.29
  • Est. Taxes: $10,250
  • Condo Fee: $799 Monthly
  • Pool: Deck, Gunite, Heated, In Ground, Lighting
  • Pet Policy: Number Limit
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer
  • MLS#: NS1082914
  • Days on Market: 15 days
  • Website: https://www.raveis.com
    /prop/NS1082914/250minorcabeachway_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 11/22/2024 8:06:25 PM)
Listing courtesy of OCEAN PROPERTIES & MANAGEMENT   Phone: 386-428-0975

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NMLS Mortgage Loan Originator ID 16953

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250 Minorca Beach WAY, #402, New Smyrna Beach, FL, 32169

$749,900

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 $599,920 $599,920 $599,920
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 $854 $854 $854
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,991 $3,987 $5,144
Total Monthly Payment $4,937 $4,933 $6,090

* 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.