2 MENORCA Way, Palm Coast, FL, 32137 | $1,099,900

Welcome to Marina del Palma - A Distinctive, Private Boating Community Designed for Life on the Intracoastal. Positioned on a prime corner homesite just steps from the community boathouse and amenities, this to-be-built Vista Costera plan by ICI Homes provides 3, 929 square feet of thoughtfully designed coastal living. The residence is anchored by a dramatic, two-story living space, where natural light pours through expansive windows and 20-foot ceilings allow for impressive views from the upstairs balcony. The open living area transitions seamlessly to the covered lanai, encouraging effortless indoor-outdoor living - equally suited for quiet evenings or hosting guests after a day on the water. At the center of the home, the gourmet kitchen pairs refined finishes with functional elegance, featuring high-end appliances, an oversized island, generous prep space, and a butler's pantry designed to support both everyday living and elevated entertaining. The main-level primary suite offers a private retreat, complete with a spa-inspired bath and expansive walk-in closet. Upstairs, a second private suite, two additional bedrooms, and a spacious loft provide flexibility for guests, extended stays, or a secondary lounge or media retreat. Limited to just 154 homesites, Marina del Palma offers each owner a private indoor boat slip within the community's dry-storage facility, complete with valet launch service. With a simple tap, your boat is launched, fueled, and waiting at the dock. The waterfront clubhouse features a fitness center, refined gathering spaces, and serene views over the Intracoastal. Outdoors, the resort-style pool, tennis and pickleball courts, and fenced dog park provide understated amenities that enhance daily living on the water. Launch for a sunrise cruise, return for an afternoon swim, or head into nearby Flagler Beach, known for its relaxed coastal character and uncrowded shoreline. Executive air travel, medical facilities, and daily conveniences are all located nearby. This is a unique opportunity to create a fully customized coastal residence in one of Palm Coast's most distinctive private boating communities. Schedule a private tour and see for yourself what makes this community unlike anything else on Florida's northeast coast. To-be-built home. Proposed floor plan and features may be customized. Builder has not inspected the lot. Proposed pricing is provisional and subject to builder review and site inspection. Final pricing and feasibility are subject to soil conditions, fill dirt requirements, grading, HOA, utilities, governmental approvals, and encumbrances of record. No guarantee of construction or pricing.

Features

  • Amenities: Pool, Boat Dock, Boat Launch, Boat Slip, Clubhouse, Dog Park, Fitness Center, Gated, Marina, Pickleball, RV/Boat Storage, Tennis Court(s)Sidewalks, Gated
  • Rooms: 14
  • Bedrooms: 4
  • Baths: 3 full / 1 half
  • Laundry: Electric Dryer Hookup, Washer Hookup
  • Year Built: 2027
  • Garage: 3-car
  • Heating: Central, Heat Pump
  • Cooling: Central Air
  • Approx Sq. Feet: 3,929
  • Acreage: 0.16
  • Est. Taxes: $1,618
  • HOA Fee: $1,063 Quarterly
  • Lot Desc: Corner Lot
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave
  • MLS#: 2132952
  • Days on Market: 57 days
  • Website: https://www.raveis.com
    /eprop/2132952/2menorcaway_palmcoast_fl?source=qrflyer
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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

2 MENORCA Way, Palm Coast, FL, 32137

$1,099,900

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $879,920 $879,920 $879,920
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.300% 6.235% 6.164%
Monthly Tax Payment $135 $135 $135
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,205 $5,346 $7,425
Total Monthly Payment $5,465 $5,606 $7,685

* 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.