$400,000
SOLD AUG 8, 2025

1950 SW Palm City Rd Unit 1-201 Stuart, FL 34994

Downtown Stuart Neighborhood
2 Beds
2 Baths
1,125 Sq Ft
$821/mo HOA Fee

Recently Sold

$356 Per Sq Ft

11% Below List Price

38 Days on Market

Highlights

  • Property has ocean access
  • Home fronts a seawall
  • Fishing
  • Boat Dock
  • Spa
  • Active Adult

About This Home

As of August 2025

Welcome to your riverfront paradise at Circle Bay Yacht Club in Stuart! This meticulously updated 2BR/2BA condo is a haven for both boaters & fishermen alike. Second floor End-Unit with Elevator, featuring a den/study in addition to the 2 BRs., stunning custom kitchen, updated bathrooms, no popcorn ceilings, crown molding, new HWH! This great condo offers modern comfort & style. Situated along the tranquil St. Lucie River, you'll enjoy breathtaking sunset & wide river views from every room!. Dockage for boats up to 36ft. for only $1.50/ft. per month! The community boasts resort-style amenities, including pool, hot tub, saunas, picnic deck with grills, clubhouse, fire pit, boardwalk, docks, workshop & so much more! Walk, bike or cruise by boat to charming downtown Stuart. No pets, 55+.

Last Agent to Sell the Property

Sylvia Salenetri

Laviano & Associates Real Esta Brokerage Phone: 772-475-0456 License #3103995 Listed on: 05/23/2025

Last Buyer's Agent

Mark Dubin

Dubin Realty, Inc License #3106291

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,842

Year Built

  • Built in 1975

Lot Details

  • Home fronts a seawall
  • Property fronts a private road
  • End Unit

HOA Fees

  • $821 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Built-Up Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,125 Sq Ft Home
  • 3-Story Property
  • Combination Dining and Living Room
  • River Views
  • Washer

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Parking

  • 1 Parking Space
  • Detached Carport Space

Outdoor Features

  • Spa
  • Property has ocean access
  • River Access
  • Separate Outdoor Workshop

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Cable TV Available

Community Details

Overview

  • Active Adult
  • Association fees include management, common areas, cable TV, insurance, internet, laundry, ground maintenance, maintenance structure, recreation facilities, reserve fund, road maintenance, sewer, trash, water
  • 21 Units
  • Property Manager

Amenities

  • Community Barbecue Grill
  • Sauna
  • Trash Chute
  • Clubhouse
  • Game Room
  • Community Kitchen
  • Billiard Room
  • Community Library
  • Laundry Facilities
  • Community Storage Space
  • Elevator

Recreation

  • Boat Dock
  • Pier or Dock
  • Community Boat Facilities
  • Bocce Ball Court
  • Shuffleboard Court
  • Community Pool
  • Community Spa
  • Fishing
  • Park

Pet Policy

  • No Pets Allowed

Security

  • Hurricane or Storm Shutters
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,842

Year Built

Built in 1975

Lot Details

0

HOA Fees

$821 per month

Listing Details

  • Carport Y N: Yes
  • Directions: US 1 or Monterey Rd. to Palm City Rd to CIRCLE BAY YACHT CLUB, bldg 1 unit 1-201.
  • Entry Level: 2
  • Lot Size Acres: 15.6353
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Building Stories: 3
  • Subdivision Name: Circle Bay Yacht Club Condo 01-03
  • Year Built: 1975
  • Year Built Details: Resale
  • Ownership: Fee Simple
  • Attribution Contact: 772-475-0456
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Some Electric Appliances, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Water Heater, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Flooring: Laminate, Tile
  • Furnished: Unfurnished
  • Interior Amenities: Breakfast Bar, Closet Cabinetry, Elevator, Living/Dining Room, Multiple Primary Suites, Pantry, Walk-In Closet(s)
  • Living Area: 1125.0
  • Spa Features: Heated, Community
  • Private Spa: Yes
  • Stories: 3
  • Window Features: Impact Glass

Exterior Features

  • Common Walls: End Unit
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Storm/Security Shutters
  • Other Structures: Workshop
  • Pool Features: Community
  • Pool Private: No
  • Property Condition: Resale
  • Roof: Built-Up
  • View: River
  • View: Yes
  • Waterfront Features: Ocean Access, River Access, Seawall
  • Waterfront: Yes

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Parking Features: Detached Carport
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Individual
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Connected, Water Available, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Elevator(s)
  • Association Fee: 821.0
  • Association: Yes
  • Community Features: Barbecue, Boat Facilities, Billiard Room, Bocce Court, Clubhouse, Dock, Elevator, Fishing, Game Room, Kitchen Facilities, Laundry Facilities, Library, Non-Gated, Pier, Park, Property Manager On-Site, Pool, Sauna, Shuffleboard, Storage Facilities, Trash Chute
  • Pets Allowed: No
  • Senior Community: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Internet, Laundry, Maintenance Grounds, Maintenance Structure, Recreation Facilities, Reserve Fund, Road Maintenance, Sewer, Trash, Water

Rental Info

  • Pets Allowed: No

Multi Family

  • Number Of Units In Community: 21

Tax Info

  • Tax Annual Amount: 2842.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2025
Closed on
Aug 8, 2025
Sold by
Neamonitis Thomae
Bought by
Mcgraw James A and Mcgraw Pamela P
Seller's Agent
Sylvia Salenetri
Laviano & Associates Real Esta
Buyer's Agent
Mark Dubin
Dubin Realty, Inc
List Price
$449,000
Sold Price
$400,000
Premium/Discount to List
-$49,000
-10.91%
Views
66

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-41.99%
Original Mortgage
$288,750
Outstanding Balance
$288,750
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$85,946

Purchase Details

Closed on
Oct 11, 2011
Sold by
Myers Michael G
Bought by
Neamonitis Nicholas and Neamonitis Thomae

Purchase Details

Closed on
Jun 2, 2011
Sold by
Jones Paul A Estate
Bought by
Neamonitis Nicholas and Neamonitis Thomae

Purchase Details

Closed on
Mar 27, 2004
Sold by
Jones Sheran G and Jones Paul Allen
Bought by
Jones Paul Allen

Purchase Details

Closed on
May 16, 2001
Sold by
Ann P Bentley I
Bought by
Jones Paul A and Jones Sheran G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.98%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $400,000 None Listed On Document
Warranty Deed $202,000 Attorney
Deed $100 --
Interfamily Deed Transfer -- --
Warranty Deed $150,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $288,750 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $61,500 Unknown
Previous Owner $60,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 Sold $400,000 -4.5% $356 / Sq Ft
06/30/2025 06/30/25 Pending -- -- --
06/24/2025 06/24/25 Price Changed $419,000 -4.6% $372 / Sq Ft
06/06/2025 06/06/25 Price Changed $439,000 -2.2% $390 / Sq Ft
05/23/2025 05/23/25 For Sale $449,000 -- $399 / 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 $2,842 $320,950 -- $320,950
2024 $2,771 $189,242 -- --
2023 $2,771 $183,731 $0 $0
2022 $2,669 $178,380 $0 $0
2021 $2,654 $173,185 $0 $0
2020 $2,625 $170,794 $0 $0
2019 $2,569 $166,954 $0 $0
2018 $2,503 $163,841 $0 $0
2017 $2,197 $160,471 $0 $0
2016 $2,323 $157,170 $0 $0
2015 -- $156,077 $0 $0
2014 -- $154,838 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20050753

Martin County REALTORS® of the Treasure Coast

APN: 08-38-41-026-001-12010-8