NOT LISTED FOR SALE

Estimated Value: $2,474,000 - $4,701,000

3 Beds
3 Baths
2,985 Sq Ft
$1,104/Sq Ft Est. Value

Last Sold January 18, 2019

Last sale price $2,000,000 $670 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $20,149/month

149 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Home fronts a seawall
  • Jensen Beach High School Rated A
  • Boat Dock
  • Concrete Pool

About This Home

As of January 2019

Private Island with almost 700ft of water-frontage and one-of-a-kind Property located within the Town of Sewall's Point. Enter through this private Island compound that features a Polynesian home w/ cypress post & beams w/ a rustic flare that offers stunning views of the Intracoastal Waterway, A detached structure currently being used as an exercise room, and a Tea house on the waterside that captures amazing easterly breezes that is perfect for entertaining. As you approach your Island Oasis over a private bridge w/ gate you will be instantly mesmerized by the professionally landscaped tropical setting where you will enjoy white sandy beaches, 3 Waterfront Docks, and the swaying palms. Take a stroll over the small bridges to enjoy the Koi ponds & the stunning landscape that surrounds you.

Last Agent to Sell the Property

Adam Brown

Waterfront Properties Inc License #547076 Listed on: 07/26/2018

Waterfront Properties Inc

Last Buyer's Agent

Cindy Capwell

Capwell Group Real Estate Inc. License #3271315

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,898

Year Built

  • Built in 1970

Lot Details

  • Home fronts a lagoon or estuary
  • Home fronts a seawall
  • Home fronts navigable water
  • East Facing Home
  • Irregular Lot
  • Sprinkler System

HOA Fees

  • $167 Monthly HOA Fees

Property Views

  • Ocean
  • Bay
  • River
  • Lagoon

Home Design

  • Frame Construction
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,985 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Shutters
  • Entrance Foyer
  • Formal Dining Room

Kitchen

  • Breakfast Bar
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms
  • Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Concrete Pool
  • Property has ocean access
  • Access To Intracoastal Waterway
  • River Access

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Water Heater
  • Cable TV Available

Community Details

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,898

Year Built

Built in 1970

Lot Details

0

HOA Fees

$167 per month

Listing Details

  • Architectural Style: Other
  • Directions: NO DRIVE BY'S - BY APPT ONLY. Sewall's Point Rd south, driveway on left between 140 & 142, go over bridge to island. - Gate access required to cross bridge
  • Garage Yn: Yes
  • Lot Size: .82acres
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 1
  • Subdivision Name: ARCHIPELAGO SEWALLS POINT STUART
  • Year Built: 1970
  • Ownership: Fee Simple
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Some Electric Appliances, Dryer, Dishwasher, Electric Range, Disposal, Refrigerator, Water Heater, Washer
  • Full Bathrooms: 3
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Other
  • Furnished: Unfurnished
  • Interior Amenities: Breakfast Bar, Bathtub, Cathedral Ceiling(s), Separate/Formal Dining Room, Entrance Foyer, Fireplace, High Ceilings, Master Downstairs, Living/Dining Room, Split Bedrooms, Skylights, Separate Shower
  • Living Area: 2985.0
  • Stories: 1
  • Window Features: Shutters

Exterior Features

  • Construction Type: Block, Frame, Concrete
  • Direction Faces: East
  • Exterior Features: Sprinkler/Irrigation, Storm/Security Shutters
  • Lot Features: Irregular Lot
  • Pool Features: Concrete
  • Pool Private: Yes
  • Roof: Shake, Wood
  • View: Bay, Intercoastal, Lagoon, Ocean, River
  • View: Yes
  • Waterfront Features: Bay Access, Intracoastal Access, Lagoon, Navigable Water, Ocean Access, River Access, Seawall
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Parking Features: Attached, Circular Driveway, Garage, Garage Door Opener
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Security: Smoke Detector(s)
  • Utilities: Cable Available, Electricity Available

Condo/Co-op/Association

  • Association Fee: 166.67
  • Association: Yes
  • Community Features: Dock
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Other

Schools

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

Lot Info

  • Zoning Description: R
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 31898.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2018
Closed on
Jan 18, 2019
Sold by
Pelican Group Llc
Bought by
Pittman Daryl D
Seller's Agent
Adam Brown
Waterfront Properties Inc
Buyer's Agent
Cindy Capwell
Capwell Group Real Estate Inc.
List Price
$2,200,000
Sold Price
$2,000,000
Premium/Discount to List
-$200,000
-9.09%
Total Days on Market
149
Current Estimated Value
$3,294,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,294,434
Avg. Annual Appreciation
8.39%
Original Mortgage
$1,574,000
Outstanding Balance
$1,410,778
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$1,936,664

Purchase Details

Closed on
Sep 9, 2002
Sold by
Otto William B and Otto Joan A
Bought by
Pelican Group Llc

Purchase Details

Closed on
Mar 10, 1989
Bought by
Pelican Group Llc
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 Buyer Sale Price Title Company
Pittman Daryl D $2,000,000 Attorney
Pelican Group Llc $1,930,000 --
Pelican Group Llc $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pittman Daryl D $1,574,000
Previous Owner Otto William B $475,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2019 01/18/19 Sold $2,000,000 -9.1% $670 / Sq Ft
12/19/2018 12/19/18 Pending -- -- --
07/23/2018 07/23/18 For Sale $2,200,000 -- $737 / 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
2024 $29,972 $1,894,068 -- --
2023 $29,972 $1,838,901 $0 $0
2022 $29,080 $1,785,341 $0 $0
2021 $29,226 $1,733,341 $0 $0
2020 $28,254 $1,709,410 $1,596,000 $113,410
2019 $31,101 $1,823,410 $1,710,000 $113,410
2018 $33,459 $1,948,120 $1,824,000 $124,120
2017 $31,590 $1,956,130 $1,824,000 $132,130
2016 $29,554 $1,802,220 $1,667,250 $134,970
2015 $31,302 $1,557,350 $1,410,750 $146,600
2014 $31,302 $1,959,900 $1,800,000 $159,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20012911

Martin County REALTORS® of the Treasure Coast

APN: 13-38-41-001-000-00010-4