NOT LISTED FOR SALE

Estimated Value: $6,475,000 - $9,739,315

0.9 Acre
$9,148,349 Price per Acre
38,986 Sq Ft Lot

Last Sold January 28, 2015

Last sale price $850,000 $22 Per Sq Ft

Est. 863% increase in value since last sale

Current estimated payment $53,404/month

860 Days on Market

Highlights

  • Ocean Front
  • Jensen Beach High School Rated A
  • Gated Community

About This Lot

As of January 2015

Direct Ocean Front Lot! Build your dream home in the unique upscale community of Galleon Bay. This nearly 1 acre lot rests directly on the ocean and is within minutes of fine dining, yacht dockage, and Historic Downtown Stuart.

Last Agent to Sell the Property

Heather Arbucci

Water Pointe Realty Group License #3246556 Listed on: 08/31/2012

Last Buyer's Agent

Heather Arbucci

Water Pointe Realty Group License #3246556 Listed on: 08/31/2012

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,441

Lot Details

  • Ocean Front
  • Property fronts a private road
  • West Facing Home

HOA Fees

  • $453 Monthly HOA Fees

Interior Spaces

  • 38,986 Sq Ft Home
  • Ocean Views

Schools

  • Felix A Williams Elementary School
  • Stuart Middle School
  • Jensen Beach High School

Utilities

  • Underground Utilities
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

Recreation

  • Property has ocean access

Additional Features

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$11,441

Lot Details

0

HOA Fees

$453 per month

Listing Details

  • Directions: North on East Ocean Blvd. - Galleon Bay is on the right.
  • Lot Size: 0.895 ACRES
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Land
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: GALLEON BAY
  • Ownership: Fee Simple
  • Special Features: None

Interior Features

  • Living Area: 38986.0

Exterior Features

  • Direction Faces: West
  • Disclosures: Coastal Zone, Seller Disclosure
  • Lot Features: None
  • View: Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Utilities

  • Sewer: Other, Septic Tank
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Septic Available, Underground Utilities, Water Available

Condo/Co-op/Association

  • Association Fee: 453.0
  • Association: Yes
  • Community Features: Gated

Schools

  • Elementary School: Felix A Williams
  • High School: Jensen Beach
  • Middle Or Junior School: Stuart

Lot Info

  • Development Status: Other
  • Zoning Description: HB1AA
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 11441.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2022
Sold by
Leen John G and Leen A C
Bought by
W Real Estate Trust
Current Estimated Value
$8,187,772

Purchase Details

Closed on
Apr 11, 2017
Sold by
Leen Colleen A and Leen John G
Bought by
Leen John G and Leen Colleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,520,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 31, 2012
Closed on
Jan 27, 2015
Sold by
Lucky Land Llc
Bought by
Leen Colleen A
Seller's Agent
Heather Arbucci
Water Pointe Realty Group
Buyer's Agent
Heather Arbucci
Water Pointe Realty Group
List Price
$1,495,000
Sold Price
$850,000
Premium/Discount to List
-$645,000
-43.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.30%

Purchase Details

Closed on
Apr 3, 2003
Sold by
Daddio William and Daddio Pamela
Bought by
Lucky Land Llc

Purchase Details

Closed on
Oct 27, 1999
Sold by
Jones Associates Ltd
Bought by
Daddio William and Daddio Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.81%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
W Real Estate Trust $10,200,000 Marc R Gaylord Pa
Leen John G -- Attorney
Leen Colleen A $850,000 Attorney
Lucky Land Llc $1,025,000 --
Daddio William $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leen John G $1,620,000
Previous Owner Leen John G $2,520,000
Previous Owner Daddio William $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2015 01/28/15 Sold $850,000 -43.1% $22 / Sq Ft
12/29/2014 12/29/14 Pending -- -- --
08/21/2012 08/21/12 For Sale $1,495,000 -- $38 / Sq Ft
Source: Martin County REALTORS® of the Treasure Coast

Tax History Compared to Growth

Source: Public Records

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 $100,053 $6,478,140 $2,650,000 $3,828,140
2024 $101,514 $5,996,080 $5,996,080 $3,846,080
2023 $101,514 $5,986,980 $5,986,980 $3,886,980
2022 $45,929 $2,738,802 $0 $0
2021 $46,381 $2,659,032 $0 $0
2020 $45,960 $2,622,320 $990,000 $1,632,320
2019 $14,013 $765,000 $765,000 $0
2018 $13,627 $765,000 $765,000 $0
2017 $13,129 $765,000 $765,000 $0
2016 $13,809 $800,000 $800,000 $0
2015 $9,988 $725,000 $725,000 $0
2014 $9,988 $600,000 $600,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M365422

Martin County REALTORS® of the Treasure Coast

APN: 30-37-42-015-000-00090-5