NOT LISTED FOR SALE

146 SW Cabana Point Cir Stuart, FL 34994

Willoughby Neighborhood

Estimated Value: $771,310 - $895,000

3 Beds
3 Baths
3,099 Sq Ft
$272/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $840,000 $271 Per Sq Ft

Current estimated payment $5,656/month

24 Days on Market

Highlights

  • Property has ocean access
  • Home fronts navigable water
  • 14,932 Sq Ft lot
  • Martin County High School Rated A-
  • River View
  • Terrazzo Flooring

About This Home

As of May 2022

Discover this DEEP WATER, OCEAN ACCESS w/ NO Fixed Bridge - property is QuadriPlex (4 Unit Multi Family), CBS in top waterfront location in the Cul-de-Sac on Cabana Point. This property is a boaters dream with pristine westward views, magnificient sunsets and world class fishing. Three of the four units are leased on month to month. Larger unit is ready for rehab. Endless possibilities with this property; Rehab and rent, or convert to residential and renovate to your DREAM HOME!

Last Listed By

Richard Mckinney

RE/MAX Gold License #671006 Listed on: 05/03/2022

RE/MAX Gold

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,612

Year Built

  • Built in 1959

Lot Details

  • 0.34 Acre Lot
  • Home fronts navigable water
  • River Front

Property Views

  • River
  • Lagoon

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,099 Sq Ft Home
  • 1-Story Property
  • Terrazzo Flooring

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Seawall

Utilities

  • Central Air
  • Heating Available

Community Details

  • 4 Units
  • Cabana Point Unrecorded Subdivision

Listing and Financial Details

  • Assessor Parcel Number 163841004000001700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,612

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: KANNER HWY - CABANA POINT
  • Year Built: 1959
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Terrazzo
  • Living Area: 3099.0

Exterior Features

  • View: Lagoon, River
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • View: Yes
  • Waterfront Features: Navigable Water, No Fixed Bridges, Ocean Access, River Front, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 163841004000001700
  • Lot Size Sq Ft: 14932.0
  • Zoning Description: 0804 Qua
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8612.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2022
Closed on
May 27, 2022
Sold by
Phillip J Rukat Living Trust
Bought by
Coastal Palms Properties Llc
Seller's Agent
Richard Mckinney
RE/MAX Gold
Buyer's Agent
Richard Mckinney
RE/MAX Gold
List Price
$899,000
Sold Price
$840,000
Premium/Discount to List
-$59,000
-6.56%
Total Days on Market
24
Current Estimated Value
$843,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,328
Avg. Annual Appreciation
-1.02%

Purchase Details

Closed on
Dec 6, 2010
Sold by
Rukat Phillip J and Rukat Barbara A
Bought by
Rukats Cabana Point Llc

Purchase Details

Closed on
Feb 28, 2005
Sold by
Rukat Philip J and Rukat Barbara
Bought by
Rukat Philip J

Purchase Details

Closed on
May 15, 1997
Sold by
Jay R And Michele Stoelting
Bought by
Rukat Mitchell and Rukat Phillip J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
8.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 1994
Sold by
Leaner Richard A and Lacagnina Suzanne S
Bought by
Stoelting Jay R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
7.26%

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
Coastal Palms Properties Llc $840,000 New Title Company Name
Rukats Cabana Point Llc -- Attorney
Rukat Philip J -- --
Rukat Mitchell $100 --
Rukat Mitchell $325,000 --
Stoelting Jay R $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coastal Palms Properties Llc $400,000
Previous Owner Rukat Mitchell $224,000
Previous Owner Stoelting Jay R $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2022 05/27/22 Sold $840,000 -6.6% $271 / Sq Ft
05/03/2022 05/03/22 For Sale $899,000 -- $290 / Sq Ft
Source: BeachesMLS

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 $11,771 $702,350 $702,350 $189,350
2023 $11,771 $654,190 $654,190 $141,190
2022 $9,496 $496,738 $0 $0
2021 $8,612 $451,580 $297,000 $154,580
2020 $8,167 $430,830 $291,600 $139,230
2019 $8,359 $436,320 $291,600 $144,720
2018 $8,307 $440,300 $313,200 $127,100
2017 $6,896 $428,010 $324,000 $104,010
2016 $7,249 $432,300 $302,400 $129,900
2015 $5,794 $401,420 $270,000 $131,420
2014 $5,794 $343,660 $216,000 $127,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10796674

BeachesMLS

APN: 16-38-41-004-000-00170-0