David Ramirez
$1,699,000$1,799,9004 bd3 ba2,610 sqft$651 /sqft$12,182 /mo all-in ↓

261 MINORCA BEACH WAY UNIT 406, NEW SMYRNA BEACH, FL, 32169

Active495 days on marketListed Apr 2, 2025MLS #NS1084388

Reduced $101KWaterfrontPrivate poolCondominiumHAMMOCKS AT MINORCA CONDO

About this home

261 MINORCA BEACH WAY UNIT 406

This stunning 4th-floor corner unit in the Karpathos building of gated Minorca Complex truly epitomizes luxury coastal living. Minorca is the ONLY condominium complex with unobstructed Ocean, Ponce Inlet, and Indian River views. With breathtaking sunrises and sunsets, and direct beach access, residents can immerse themselves in a serene atmosphere and amazing ocean and park views along with first class amenities at their doorstep. This open-concept corner unit maximizes natural light, while two oversized balconies provide the perfect spots for relaxation and enjoyment of the coastal breezes and views. The living room receives amazing light, has views for days, and a custom built entertainment center. Upgraded finishes await in your gourmet kitchen with solid wood cabinets, a dry bar with brand new beverage refrigerator, and stainless steel appliances and granite countertops and reverse osmosis water filter - seamlessly connecting to the living space making it ideal for entertaining. The four spacious bedrooms with custom closets and beautiful light oak engineered hardwood floors, plus the three full bathrooms with travertine marble countertops, wood cabinets, and upgraded glass shower doors, are stylish and cater to comfort and privacy. The Primary Suite features balcony access with views over the Smyrna Dunes Park, Ponce Inlet and the ocean, and is connected to a luxurious ensuite bathroom, and large custom closet. A brand new Hot Water Heater was installed December 2025. Additional Minorca amenities, including a private pool/hot tub, fitness center, and Har-Tru Clay tennis courts, access to the main larger pool, and boat docks and fishing pier that will enhance your coastal living experience. This 4/3 unit located within this amenity rich complex makes this residence a rare find for anyone seeking the ultimate coastal lifestyle in New Smyrna Beach. This unit comes with dedicated indoor covered parking with a 220V outlet for charging EV's. Additionally a large storage closet is located just off the main front door. Whether hosting family or friends or enjoying quiet evenings on your private balcony overlooking Smyrna Dunes Park and the Atlantic Ocean with sweeping views towards Ponce Inlet and the Daytona Beach shoreline, this unit offers a perfect blend of elegance, comfort, and convenience. The Minorca Condominium complex is one of the only true resort-style amenity condominium complexes in New Smyrna Beach, at the top of the island in one of the quietest sections of the beachside, with the Smyrna Dunes Park with dog beach and fishing pier in your backyard! The location is just 1.8 miles to Flagler Avenue restaurants and bars (just a short bike ride or golf cart ride away) making this an ideal place to call home!

Facts & features

The home at a glance

4

Bedrooms

3

Bathrooms

2,610

Sqft

2.78 ac

Lot size

1

Garage

2006

Year built

One

Levels

$651

Per sqft

Private poolWaterfrontPool & Tennis Court & Water viewNegotiablePets allowed

Inside

FlooringCeramic Tile · Engineered Hardwood · Tile · Hardwood
AppliancesBar Fridge · Built-In Oven · Dishwasher · Disposal · Dryer · Freezer · Ice Maker · Microwave · Range · Range Hood · Refrigerator · Washer
InteriorAccessibility Features · Built-in Features · Ceiling Fan(s) · Crown Molding · Dry Bar · Eating Space In Kitchen · High Ceilings · Living Room/Dining Room Combo · Open Floorplan · Primary Bedroom Main Floor · Solid Surface Counters · Solid Wood Cabinets · Thermostat · Walk-In Closet(s) · Window Treatments
LaundryElectric Dryer Hookup · Inside · Laundry Room
CoolingCentral Air
HeatingCentral
FurnishedNegotiable

Outside & construction

RoofBuilt-Up · Concrete
ConstructionBlock · Stucco
FoundationBlock
ViewPool · Tennis Court · Water
FacesNortheast
ParkingAssigned · Covered · Electric Vehicle Charging Station(s) · Garage Door Opener · Guest · Open · Reserved · Under Building · Underground
ExteriorBalcony · Hurricane Shutters · Lighting · Sauna · Sidewalk · Sliding Doors · Storage · Tennis Court(s)

Community & fees

HOA fee$1,375/mo
Taxes (2024)$10,111/yr
PetsCats OK, Dogs OK, Yes
CommunityBoat Slip · Dock · Fishing · Intracoastal Waterway · Marina · River · Water Access · Waterfront · Association Recreation - Owned · Clubhouse · Community Mailbox · Fitness Center · Gated Community - Guard · Golf Carts OK · Irrigation-Reclaimed Water · Pool · Sidewalks · Tennis Court(s)

Utilities & systems

UtilitiesBB/HS Internet Available · Cable Available · Cable Connected · Electricity Connected · Phone Available · Sewer Available · Sewer Connected · Underground Utilities · Water Available · Water Connected
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.

$12,182 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$9,168
PMI (est., until 20% equity)$637
Property tax — 2024 actual bill$843
Condo fee — from the listing$1,375
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $169,900Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $169,900
Interest rate6.00%
Loan term

Estimated payment

$12,182/mo

Principal & interest$9,168
PMI (est., until 20% equity)$637
Property taxes (actual bill)$843
HOA / condo fee$1,375
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

$/sqft vs New Smyrna Beach actives

$651 vs $365

Days on market

495 vs 68 typical

Where $651/sqft sits among the 400 New Smyrna Beach actives

158
83
79
33 · this home
20
27
$177–301$301–426$426–550$550–674$674–798$798+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside North Beach

Map of 261 MINORCA BEACH WAY UNIT 406 inside its neighborhood boundary

Drive times from this address

Downtown Orlando73 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know New Smyrna Beach. See the full New Smyrna Beach guide →

North Beach — neighborhood snapshot

Population

1,269

Median age

62

Median income

$111,395

Median home value

$668,800

Avg household

2

Households w/ children

42%

For the school run

Volusia County School District

MiddleNew Smyrna Beach Middle School★★★★★
HighNew Smyrna Beach High School★★★★★
ElementaryCoronado Beach Elementary School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The New Smyrna Beach market

Seller’s marketBalanced5.2 months of inventoryBuyer’s market

$448K$424K

New Smyrna Beach median sold, yr/yr

95.6%

Sale-to-list ratio (12 mo)

208 of 400

New Smyrna Beach actives have cut their price

Median sold price, New Smyrna Beach, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 225% above the NEW SMYRNA BEACH 32169 median. See the full New Smyrna Beach market guide →

Paper trail

This home's history

CurrentPrice reduced to $1,699,000 $101K
Apr 2, 2025Listed at $1,799,900 · 495 days on market since
2006Built · HAMMOCKS AT MINORCA CONDO

Reality check

What actually sold near 261 MINORCA BEACH WAY UNIT 406

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

261 MINORCA BEACH WAY UNIT 606Sold · Nov ’25

$1,450,000

261 MINORCA BEACH WAY UNIT 606 · same community

4 bd · 3 ba · 2,610 sqft · $556/sqft · 232 DOM

255 MINORCA BEACH WAY UNIT 206Sold · May ’26

$1,460,000

255 MINORCA BEACH WAY UNIT 206

4 bd · 3 ba · 2,620 sqft · $557/sqft · 154 DOM

259 MINORCA BEACH WAY UNIT 501Sold · Apr ’26

$1,750,000

259 MINORCA BEACH WAY UNIT 501

4 bd · 3 ba · 2,620 sqft · $668/sqft · 0 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 261 MINORCA BEACH WAY UNIT 406 — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 261 MINORCA BEACH WAY UNIT 406 — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to David's phone and CRM.

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Goes straight to David’s phone and CRM.

Straight answers

261 MINORCA BEACH WAY UNIT 406 FAQs

What would the monthly payment be for 261 MINORCA BEACH WAY UNIT 406?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $12,182/mo — principal and interest, the actual property-tax bill, the $1,375/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

How much are the HOA fees at 261 MINORCA BEACH WAY UNIT 406?+

The association fee works out to $1,375 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on 261 MINORCA BEACH WAY UNIT 406?+

The most recent tax bill on record (2024) was $10,111. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 261 MINORCA BEACH WAY UNIT 406?+

The listing reports pets: Cats OK, Dogs OK, Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in New Smyrna Beach?+

At $1,699,000, this home is listed about 230% above the New Smyrna Beach median of $514,900. The market section on this page shows how the area is trending.

Which schools are assigned to 261 MINORCA BEACH WAY UNIT 406?+

New Smyrna Beach Middle School (middle), New Smyrna Beach High School (high), Coronado Beach Elementary School (elementary) — Volusia County School District. Always verify school assignments with the district before relying on them.

The brief

Five things that matter here

01Positioned at the premium end

$1,699,000 runs 225% above the NEW SMYRNA BEACH 32169 median — but at 2,610 sqft it's also 57% larger than the typical New Smyrna Beach listing.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Know the monthly fee

The association fee is $1,375/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.

04Time on market is leverage

495 days on market against a New Smyrna Beach median of 68 — sellers in this position are usually ready to negotiate.

05Strong assigned schools

New Smyrna Beach Middle School, New Smyrna Beach High School, Coronado Beach Elementary School — Coronado Beach Elementary School rates 5 of 5. Always verify assignments with the district.

Listing courtesy of KINCAID REALTY · James Frost. MLS #NS1084388.

IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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