NOT LISTED FOR SALE

Estimated Value: $1,555,954

0.39 Acre
$3,979,422 Price per Acre
17,032 Sq Ft Lot

Last Sold March 29, 2021

Last sale price $1,190,000

Est. 31% increase in value since last sale

Current estimated payment $9,762/month

388 Days on Market

Highlights

  • Property has ocean access
  • Boat Dock
  • River View
  • Felix A. Williams Elementary School Rated A-
  • Home fronts navigable water
  • No HOA

About This Lot

As of March 2021

Last Direct Wide Riverfront vacant lot on Morgan Circle, a small enclave of exquisite homes in South Sewall's Point. Gorgeous views to the west over the wide St. Lucie River! High Elevation on a quiet cul-de-sac. Water depth in the area support Yachts over 100', Large Oaks and Palms, Sandy beach at shoreline. Great opportunity to build that dream home in one of South Florida's loveliest locations. Set backs are 30’ from road, 15’ at the sides and dwelling is to be set back 50’ from the waterfront, however, this particular lot permits the swimming pool setback to be only 25’

Last Agent to Sell the Property

Adam Brown

Waterfront Properties Inc License #547076 Listed on: 02/07/2020

Waterfront Properties Inc

Last Buyer's Agent

Jessica Lemaster

Keller Williams of the Treasure Coast License #3230883

Keller Williams of the Treasure Coast

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,446

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 112x178x112x161
  • Home fronts navigable water
  • Cul-De-Sac
  • East Facing Home

Utilities

  • Septic Tank
  • Phone Available
  • Cable TV Available

Additional Features

  • River Views
  • Flood Zone Lot

Listing and Financial Details

  • Tax Lot 80

Community Details

Overview

  • No Home Owners Association

Recreation

  • Boat Dock
  • Property has ocean access
  • Access To Intracoastal Waterway
  • River Access

Property Details

Property Type

Land

Est. Annual Taxes

$9,446

Lot Details

0

Listing Details

  • Directions: S. Sewall's Point Road to Rio Vista, turn R to S. River Road, turn left to Morgan Circle, turn R. Lot on Right.
  • Lot Size Acres: 0.391
  • Lot Size: 112x178x112x161
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Land
  • Subdivision Name: Rio Vista Sewalls Point
  • Ownership: Fee Simple
  • Special Features: None

Exterior Features

  • Direction Faces: East
  • Disclosures: None
  • Lot Features: Cul-De-Sac, Flood Zone
  • View: River
  • View: Yes
  • Waterfront Features: Deep Water, Intracoastal Access, Navigable Water, No Fixed Bridges, Ocean Access, River Access, Water Access
  • Waterfront: Yes

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Phone Available, Trash Collection, Water Available, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Dock

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Sq Ft: 17031.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9446.38
  • Tax Lot: 80
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2022
Sold by
Medalist Building Group Llc
Bought by
Kostelidis Petros
Current Estimated Value
$1,555,954

Purchase Details

Listed on
Feb 7, 2020
Closed on
Mar 26, 2021
Sold by
Parker Mike Mahyar and Parker Karen S
Bought by
Medalist Building Group Llc
Seller's Agent
Adam Brown
Waterfront Properties Inc
Buyer's Agent
Jessica Lemaster
Keller Williams of the Treasure Coast
List Price
$1,295,000
Sold Price
$1,190,000
Premium/Discount to List
-$105,000
-8.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.71%

Purchase Details

Closed on
Oct 1, 1982
Bought by
Parker Mike M and Parker Karen S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kostelidis Petros $1,750,000 South Florida Title
Medalist Building Group Llc $1,190,000 South Florida Title Svcs Inc
Parker Mike M $240,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2021 03/29/21 Sold $1,190,000 -8.1% --
02/27/2021 02/27/21 Pending -- -- --
02/05/2020 02/05/20 For Sale $1,295,000 -- --
Source: Martin County REALTORS® of the Treasure Coast

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $18,051 $1,224,300 -- --
2024 $18,051 $1,113,000 $1,113,000 --
2023 $17,395 $1,058,400 $1,058,400 $0
2022 $12,677 $771,190 $771,190 $0
2021 $9,635 $565,540 $565,540 $0
2020 $9,466 $565,490 $565,490 $0
2019 $11,453 $678,300 $678,300 $0
2018 $10,935 $642,600 $642,600 $0
2017 $11,202 $678,300 $678,300 $0
2016 $12,095 $723,520 $723,520 $0
2015 -- $723,520 $723,520 $0
2014 -- $685,440 $685,440 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20022235

Martin County REALTORS® of the Treasure Coast

APN: 12-38-41-002-000-00800-9