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Sold for $5,500,000
  • $5,500,000

    2903 HILL STREET, NEW SMYRNA BEACH, FL 32169

    12beds
    6,612sqft
    Single Family Residence
    Built in 1950
    0.38 Acres Lot
    $3,144,200 Zestimate®
    $832/sqft
    $6,060 Estimated rent

    Home value

    $3,144,200

    $2.64M - $3.77M

    $6,060/mo

    Zestimate® history
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    What's special

    Hot tubTropical courtyardPrivate beach accessPremium finishesDirect oceanfront propertyOutdoor kitchenFour beautifully appointed bedrooms
    A rare chance to acquire Joy by the Sea - New Smyrna Beach’s premier 5-star luxury vacation resort. This exclusive direct oceanfront property combines a fully renovated (2021) coastal estate with six upscale beachside villas and a direct oceanfront 4 bedroom, 4 bathroom pool home, creating a truly one-of-a-kind boutique resort experience. Spanning two lots in the heart of New Smyrna’s highly sought-after short-term rental district, Joy by the Sea offers unmatched flexibility and proven income performance. The private oceanfront home delivers unobstructed views, private beach access, and a resort-style pool and spa with a volleyball net, surrounded by expansive decks designed for entertaining and relaxation. Inside, you’ll find elegant living spaces, two balconies with breathtaking ocean views, an elevator, a fully stocked kitchen with a Nespresso machine, and four beautifully appointed bedrooms: a king suite with stunning ocean views, a wine chiller/beverage fridge and a Nespresso machine, a twin bedroom with a small private balcony, a queen bedroom, and an additional twin room. Outdoors, enjoy a covered patio with a dining table, a hot tub, lounge seating, and an outdoor kitchen featuring two built-in green egg grills, a custom-built concrete pizza oven, a custom-built large charcoal or wood fire grill, a beverage fridge, and a nine-person bar top. The home is also equipped with 5 Smart TVs and offers driveway parking for your vehicles. Directly across the street, six fully furnished bungalow-style villas surround a private saltwater pool and tropical courtyard, offering additional high-end accommodations. The villas include two one-bedroom units, each sleeping up to eight guests, and four studio villas, each accommodating four guests. Every bungalow features a fully equipped kitchen with a microwave oven, stove, sink, full-size refrigerator, and stackable washer and dryers, making them perfect for extended stays. Both the Ocean Front home and the six studio villas are backed up by 3 Generac Guardian 26kW Aluminum Home Standby Generators to ensure a comfortable stay during Florida's unpredictable weather. Celebrated for its impeccable design, premium finishes, and exceptional guest reviews, Joy by the Sea is ideal for family reunions, luxury vacations, weddings, corporate gatherings, and special events. Offered fully turnkey, the property conveys with all furniture, décor, and appliances, making it truly move-in ready. The oceanfront home provides private beach access, while the bungalows are just steps away from public beach access. Whether you’re seeking a trophy asset, a high-yield rental property, a private coastal retreat, or a strategic 1031 exchange, Joy by the Sea’s boutique scale, iconic presence, and turnkey condition make it one of Florida’s most unique and recognizable oceanfront properties. Offered as a complete package, this is an extraordinary opportunity to own a true coastal gem.

    Zillow last checked:

    Listing updated:

    Listed by:

    Chad Erickson 386-689-5825,

    COLLADO REAL ESTATE 386-427-0002,

    Denise Korrey 407-221-2801,

    KORR REALTY CORP

    Bought with:

    Pat Collado, 636547

    COLLADO REAL ESTATE

    Source: Stellar MLS,MLS#: NS1085754MLS LogoOriginating MLS: Orlando Regional

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 12
    • Full bathrooms: 12
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: Third
    Bedroom 2
    • Features: Built-in Closet
    • Level: Second
    Bedroom 3
    • Features: Built-in Closet
    • Level: First
    Bedroom 4
    • Features: Built-in Closet
    • Level: First
    Bedroom 5
    • Features: Built-in Closet
    • Level: First
    Primary bathroom
    • Level: Third
    Kitchen
    • Level: Second
    Living room
    • Level: Second
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Range, Refrigerator, Washer
    • Laundry: Laundry Room
    Features
    • Ceiling Fan(s), Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Thermostat
    • Flooring: Tile
    • Doors: Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Sliding Doors
    • Has fireplace: No
    Interior area
    • Total structure area: 6,616
    • Total interior livable area: 6,612 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Balcony, Courtyard, Garden, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Private Mailbox, Rain Gutters, Storage
    • Has private pool: Yes
    • Pool features: Auto Cleaner, Deck, Gunite, Heated, In Ground, Lighting, Tile
    • Has view: Yes
    • View description: Gulf/Ocean - Full
    • Has water view: Yes
    • Water view: Gulf/Ocean - Full
    • Waterfront features: Gulf/Ocean, Gulf/Ocean Access
    • Body of water: ATLANTIC OCEAN
    Lot
    • Size: 0.38 Acres
    • Dimensions: 50 x 328
    Details
    • Parcel number: 742201200020
    • Zoning: 10R6
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Foundation: Slab
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: NEW SMYRNA BEACH
    HOA
    • Has HOA: No
    Location
    • Region: New Smyrna Beach

    Financial & listing details

    • Price per square foot: $832/sqft
    • Tax assessed value: $1,827,184
    • Annual tax amount: $27,577
    • Date on market: 8/20/2025
    • Cumulative days on market: 439 days
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Road surface type: Paved

    Price history

    DateEventPrice
    12/31/2025Sold$5,500,000-26.6%$832/sqft
    Source: Stellar MLS #NS1085754 Report a problem
    11/28/2025Pending sale$7,490,000$1,133/sqft
    Source: Stellar MLS #NS1085754 Report a problem
    11/6/2025Price change$7,490,000-6.3%$1,133/sqft
    Source: Stellar MLS #NS1085754 Report a problem
    8/20/2025Listed for sale$7,990,000-0.1%$1,208/sqft
    Source: Stellar MLS #NS1085754 Report a problem
    8/18/2025Listing removed$7,999,000$1,210/sqft
    Source: Stellar MLS #O6240607 Report a problem
    7/8/2025Price change$7,999,000-20%$1,210/sqft
    Source: Stellar MLS #O6240607 Report a problem
    3/24/2025Price change$9,999,000-4.8%$1,512/sqft
    Source: Stellar MLS #O6240607 Report a problem
    3/6/2025Price change$10,500,000-4.5%$1,588/sqft
    Source: Stellar MLS #O6240607 Report a problem
    2/2/2025Price change$11,000,000-4.3%$1,664/sqft
    Source: Stellar MLS #O6240607 Report a problem
    1/9/2025Price change$11,500,000-4.2%$1,739/sqft
    Source: Stellar MLS #O6240607 Report a problem
    11/22/2024Price change$12,000,000-4%$1,815/sqft
    Source: Stellar MLS #O6240607 Report a problem
    11/1/2024Price change$12,500,000-13.8%$1,891/sqft
    Source: Stellar MLS #O6240607 Report a problem
    10/8/2024Price change$14,500,000-3.3%$2,193/sqft
    Source: Stellar MLS #O6240607 Report a problem
    9/14/2024Listed for sale$15,000,000+650%$2,269/sqft
    Source: Stellar MLS #O6240607 Report a problem
    10/5/2021Sold$2,000,000+206.3%$302/sqft
    Source: Public Record Report a problem
    5/24/2012Sold$653,000+142.8%$99/sqft
    Source: DBAMLS #529863 Report a problem
    5/4/2000Sold$269,000$41/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$28,753 +4.3%$1,827,184 +17.1%
    2024$27,578 +9.6%$1,560,560 +10%
    2023$25,159 +25.6%$1,418,691 +20%
    2022$20,029 $1,182,073 +35%
    2021-- $875,335 -6.4%
    2020$16,748 $935,073 +3.6%
    2019$16,748 -0.2%$902,251 +5.2%
    2018$16,778 +6.1%$857,845 +2.3%
    2017$15,817 +3.8%$838,725 +15.5%
    2016$15,242 +4.6%$726,076 +15.1%
    2015$14,577 +7.3%$630,925 +18.6%
    2014$13,586 $532,007 +1.8%
    2013-- $522,586 +5.4%
    2012-- $495,692 0%
    2011-- $495,695 +20.5%
    2010-- $411,224 -25.3%
    2009-- $550,353 -44.5%
    2007-- $992,398 +1.4%
    2006-- $978,646 +43.7%
    2005-- $681,047 +41.5%
    2004-- $481,306 +36.3%
    2003-- $353,202 +38%
    2002-- $255,930 +10%
    2001-- $232,750 +13.4%
    2000-- $205,196
    Find assessor info on the county website

    Neighborhood: Coronado Beach

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,144,200
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    Estimated market value
    $3,144,200