David Ramirez
$1,625,000$1,675,0004 bd3 ba2,610 sqft$623 /sqft$12,361 /mo all-in ↓

261 MINORCA BEACH WAY UNIT 606, NEW SMYRNA BEACH, FL, 32169

Active81 days on marketListed May 21, 2026MLS #NS1088272

Reduced $50KPrivate poolCondominiumHAMMOCKS AT MINORCA CONDO

About this home

261 MINORCA BEACH WAY UNIT 606

Virtually Staged. Experience elevated coastal luxury from this impeccable sixth-floor corner residence in the prestigious Karpathos building at Minorca. Ideally positioned to capture sweeping panoramic views of the Atlantic Ocean, pristine shoreline, Ponce Inlet and breathtaking sunsets over the Indian River, this exceptional condominium offers the ultimate New Smyrna Beach lifestyle. Spanning approximately 2,610 square feet, this bright and spacious four-bedroom, three-bath residence is designed to maximize natural light and showcase the extraordinary waterfront scenery from nearly every room. Expansive floor-to-ceiling sliding glass doors seamlessly blend indoor and outdoor living, opening to two oversized private balconies where you can enjoy sunrise coffee overlooking the ocean and evening cocktails with coastal breezes and glowing sunsets. The open-concept living and dining areas create an elegant yet relaxed atmosphere ideal for entertaining or quiet beachfront living. The gourmet kitchen features granite countertops, stainless steel appliances, abundant cabinetry and direct balcony access for effortless alfresco dining. A desirable split-bedroom floor plan provides privacy for guests, while the spacious primary suite offers balcony access, stunning water views, walk-in closets and a luxurious spa-style bath. Within the gated Minorca community, residents enjoy resort-style amenities including direct beach access, oceanfront pool and spa, fitness center, clubhouse, tennis courts, sauna, marina access and 24-hour security. This rare corner unit combines luxury, privacy and some of the most spectacular unobstructed water views in all of New Smyrna Beach. Wake up to the sound of the waves, watch dolphins play along the shoreline, and enjoy sunrise and sunset views from one extraordinary residence. Coastal Florida living simply does not get better than this.

Facts & features

The home at a glance

4

Bedrooms

3

Bathrooms

2,610

Sqft

1

Garage

2006

Year built

Three Or More

Levels

$623

Per sqft

Private poolPool & Water viewPets allowed

Inside

FlooringCarpet · Ceramic Tile
AppliancesBuilt-In Oven · Cooktop · Dishwasher · Disposal · Dryer · Electric Water Heater · Microwave · Refrigerator · Washer
InteriorCeiling Fan(s) · Crown Molding · Eating Space In Kitchen · Elevator · Kitchen/Family Room Combo · Living Room/Dining Room Combo · Open Floorplan · Split Bedroom · Walk-In Closet(s) · Window Treatments
LaundryInside · Laundry Room
CoolingCentral Air
HeatingCentral · Electric

Outside & construction

RoofBuilt-Up
ConstructionConcrete · Stucco
FoundationOther
ViewPool · Water
FacesWest
ParkingAssigned · Garage Door Opener · Guest · Open · Underground
ExteriorBalcony · Hurricane Shutters · Lighting · Sliding Doors · Storage · Tennis Court(s)

Community & fees

HOA fee$1,375/mo
Taxes (2025)$17,375/yr
PetsYes
CommunityFishing · Gulf/Ocean Front · Intracoastal Waterway · Marina · River · Water Access · Waterfront · Clubhouse · Fitness Center · Gated Community - Guard · Pool · Sidewalks · Tennis Court(s) · Wheelchair Access

Utilities & systems

UtilitiesCable Available · Electricity Connected · Public · 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.

$12,361 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$8,768
PMI (est., until 20% equity)$609
Property tax — 2025 actual bill$1,448
Condo fee — from the listing$1,375
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $162,500Loan30-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% · $162,500
Interest rate6.00%
Loan term

Estimated payment

$12,361/mo

Principal & interest$8,768
PMI (est., until 20% equity)$609
Property taxes (actual bill)$1,448
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

$623 vs $368

Days on market

81 vs 68 typical

Where $623/sqft sits among the 400 New Smyrna Beach actives

157
86
78
32 · this home
21
26
$177–303$303–429$429–555$555–681$681–807$807+

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 606 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)

207 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 210% above the NEW SMYRNA BEACH 32169 median. See the full New Smyrna Beach market guide →

Paper trail

This home's history

CurrentPrice reduced to $1,625,000 $50K
May 21, 2026Listed at $1,675,000 · 81 days on market since
2006Built · HAMMOCKS AT MINORCA CONDO

Reality check

What actually sold near 261 MINORCA BEACH WAY UNIT 606

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 606 — 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 606 — 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 606 FAQs

What would the monthly payment be for 261 MINORCA BEACH WAY UNIT 606?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $12,361/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 606?+

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 606?+

The most recent tax bill on record (2025) was $17,375. 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 606?+

The listing reports pets: 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 $1,625,000, this home is listed about 216% 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 606?+

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

$1,625,000 runs 210% above the NEW SMYRNA BEACH 32169 median — but at 2,610 sqft it's also 57% larger than the typical New Smyrna Beach listing.

02Your own pool

A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.

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.

04Strong 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.

05The price has already moved

Listed at $1,675,000, now $1,625,000 — a $50K cut. The full history is in the market section below.

Listing courtesy of PREMIER SOTHEBY'S INTL. RLTY · Rikk Keller. MLS #NS1088272.

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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