$720,000
SOLD MAR 31, 2016

The Admiralty 1130 SW Chapman Way Unit 509 Palm City, FL 34990

3 Beds
3.5 Baths
2,690 Sq Ft
$791/mo HOA Fee

Recently Sold

$268 Per Sq Ft

4% Below List Price

22 Days on Market

Highlights

  • Property has ocean access
  • Boat Dock
  • River View
  • Bessey Creek Elementary School Rated A-
  • Gated Community
  • Waterfront

About This Home

As of March 2016

IMAGINE ... STUNNING PANORAMIC RIVER VIEWS in this BEAUTIFUL 3 BED / 3.5 BATH RIVERFRONT CONDO OVERLOOKING the SAINT LUCIE HARBORAGE!!! TOP FLOOR WRAP AROUND with IMPACT GLASS SLIDERS on 35 X 10 X 25 X 8 LANAI... GORGEOUS REMODELED KITCHEN 2009-2014 CUSTOM CABINETRY - STAINLESS APPLIANCES - GRANITE - CERAMIC COOKTOP and BUTLER PANTRY. LARGE MASTER SUITE and BATH.. TILED FLOORS from the STAINED GLASSED ENTRY to all OPEN LIVING AREAS , FORMAL DINING , KITCHEN & OFFICE/ GUEST SUITE. . CUSTOM BUILT INS & SO MUCH MORE in this 2690 sqft. CONDO that FEELS MORE LIKE a SINGLE FAMILY RESIDENCE. TROPICAL PALMS SWAY above THE FREE FORM HEATED POOL by CLUBHOUSE w/FITNESS CENTER. DOCKAGE for your YACHT INCLUDED and PRIVATE 2 CAR GAR. TOO!

Last Agent to Sell the Property

Cindy Belden

Coldwell Banker Realty License #630037 Listed on: 02/10/2016

Coldwell Banker Realty

Last Buyer's Agent

Cindy Belden

Coldwell Banker Realty License #630037 Listed on: 02/10/2016

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,267

Year Built

  • Built in 1990

Lot Details

  • Property fronts a private road
  • End Unit
  • West Facing Home

HOA Fees

  • $791 Monthly HOA Fees

Home Design

  • Concrete Siding

Interior Spaces

  • 2,690 Sq Ft Home
  • Wet Bar
  • Ceiling Fan
  • Skylights
  • Entrance Foyer
  • Formal Dining Room

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower

Home Security

Parking

  • 2 Car Attached Garage
  • 1 to 5 Parking Spaces

Outdoor Features

  • Property has ocean access
  • Access To Intracoastal Waterway
  • River Access
  • Canal Access

Schools

  • Bessey Creek Elementary School
  • Hidden Oaks Middle School
  • Martin County High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities

Community Details

Overview

  • Association fees include management, cable TV, insurance, ground maintenance, pest control, reserve fund, trash
  • 9 Units
  • Association Phone (772) 871-0004

Amenities

  • Community Barbecue Grill
  • Trash Chute
  • Clubhouse
  • Community Kitchen
  • Billiard Room

Recreation

  • Boat Dock

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Breed Restrictions

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,267

Year Built

Built in 1990

Lot Details

0

HOA Fees

$791 per month

Listing Details

  • Directions: North on Mapp Rd just past Meridian Marina East on Chapman Way to Gate at The Admiralty... Thru Gate 1st Left to last Bldg on Left to 4th or Top Floor
  • Entry Level: 4
  • Garage Yn: Yes
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Subdivision Name: ADMIRALTY CONDO
  • Year Built: 1990
  • Ownership: Fee Simple
  • Special Features: None

Interior Features

  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile, Wood
  • Furnished: Unfurnished
  • Interior Amenities: Wet Bar, Separate/Formal Dining Room, Entrance Foyer, Jetted Tub, Skylights, Tub Shower, Walk-In Closet(s)
  • Living Area: 2690.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Common Walls: End Unit
  • Construction Type: Concrete
  • Direction Faces: West
  • Pool Features: Community
  • Pool Private: No
  • Roof: Other
  • View: Intercoastal, River
  • View: Yes
  • Waterfront Features: Canal Access, Deep Water, Intracoastal Access, Ocean Access, River Access, Water Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Garage, Two Spaces
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Inside
  • Security: Gated Community, Smoke Detector(s)
  • Utilities: Underground Utilities

Condo/Co-op/Association

  • Amenities: Billiard Room
  • Association Fee: 791.0
  • Phone: 772-871-0004
  • Community Features: Barbecue, Billiard Room, Clubhouse, Dock, Fitness, Kitchen Facilities, Pool, Sidewalks, Trash Chute, Gated
  • Pets Allowed: Number Limit, Pet Restrictions, Size Limit
  • Senior Community: No

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Insurance, Maintenance Grounds, Pest Control, Reserve Fund, Trash

Schools

  • Elementary School: Bessey Creek
  • High School: Martin County
  • Middle Or Junior School: Hidden Oaks

Lot Info

  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 9

Tax Info

  • Tax Annual Amount: 7267.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2023
Sold by
Frash Marie D
Bought by
Baratta Robert O and Baratta Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,098,692
Interest Rate
6.15%
Mortgage Type
Seller Take Back
Estimated Equity
$262,011

Purchase Details

Listed on
Feb 10, 2016
Closed on
Mar 31, 2016
Sold by
Ravetta David and Ravetta Deborah
Bought by
Frash Robert E and Frash Marie D
Seller's Agent
Cindy Belden
Coldwell Banker Realty
Buyer's Agent
Cindy Belden
Coldwell Banker Realty
List Price
$748,000
Sold Price
$720,000
Premium/Discount to List
-$28,000
-3.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.07%
Original Mortgage
$647,900
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 1, 2008
Sold by
Post Linda M
Bought by
Ravetta David and Ravetta Deborah

Purchase Details

Closed on
Aug 27, 2008
Sold by
Post Linda M
Bought by
James A Foster Rev Trust and Louise O Foster Rev Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,220,000 --
Warranty Deed $720,000 Sunbelt Title Agency
Warranty Deed $660,000 Attorney
Warranty Deed $45,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,200,000 Seller Take Back
Previous Owner $647,900 Adjustable Rate Mortgage/ARM
Previous Owner $103,000 No Value Available
Previous Owner $500,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 Price Changed $1,395,000 -3.8% $519 / Sq Ft
02/07/2025 02/07/25 For Sale $1,450,000 +101.4% $539 / Sq Ft
03/31/2016 03/31/16 Sold $720,000 -3.7% $268 / Sq Ft
03/01/2016 03/01/16 Pending -- -- --
02/08/2016 02/08/16 For Sale $748,000 -- $278 / 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 $16,401 $1,069,367 -- --
2024 $8,010 $1,039,230 $1,039,230 $1,039,230
2023 $8,010 $525,807 $0 $0
2022 $7,813 $510,493 $0 $0
2021 $7,871 $495,625 $0 $0
2020 $7,820 $488,783 $0 $0
2019 $7,726 $477,794 $0 $0
2018 $7,531 $468,885 $0 $0
2017 $7,074 $459,241 $0 $0
2016 $7,218 $464,462 $0 $0
2015 -- $461,234 $0 $0
2014 -- $457,573 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cindy Belden

    Seller's Agent in 2025

    Cindy Belden

    Coldwell Banker Realty

    (772) 485-2000

    19 Total Sales

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About The Admiralty

Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M386555

Martin County REALTORS® of the Treasure Coast

APN: 07-38-41-020-005-05090-4

Florida Martin County Palm City 34990

1130 SW Chapman Way Unit 509, Palm City, FL

This home is located at 1130 SW Chapman Way Unit 509, Palm City, FL 34990 and is currently priced at $720,000, approximately $267 per square foot. This property was built in 1990. 1130 SW Chapman Way Unit 509 is a home located in Martin County with nearby schools including Bessey Creek Elementary School, Hidden Oaks Middle School, and Martin County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Martin County REALTORS® of the Treasure Coast The data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Realtor® Association of Martin County, Inc. MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the IDX logo or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed.

Copyright 2025 Realtor® Association of Martin County, Inc. MLS. All rights reserved.

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