$300,000
SOLD DEC 3, 2024

1950 SW Palm City Rd Unit 5102 Stuart, FL 34994

Downtown Stuart Neighborhood
2 Beds
2 Baths
1,001 Sq Ft
$671/mo HOA Fee

Recently Sold

$300 Per Sq Ft

8% Below List Price

127 Days on Market

Highlights

  • Boat Ramp
  • Home fronts navigable water
  • Active Adult
  • Property has ocean access
  • Fitness Center
  • River View

About This Home

As of December 2024

Welcome to Circle Bay Yacht Club, a friendly, 55+ residential condominium complex nestled along the picturesque St. Lucie River in charming Stuart. Enjoy breathtaking marina views from your first-floor unit with 2 beds, 2 baths, fresh neutral paint, updated kitchen & baths, plus the convenience of an in-unit washer/dryer. Residents have access to dockage for $1.50 ft/month which can accommodate up to a 36' vessel, providing ocean access with no fixed bridges. Indulge in the varied amenities Circle Bay has to offer, including a clubhouse, swimming pool, spa, shuffleboard, workshop, & a covered deck area complete with grills overlooking the serene waters. Whether you're seeking a tranquil retreat or an active lifestyle, Circle Bay offers the perfect balance of relaxation and recreation.

Last Agent to Sell the Property

Shannon Andersen

Keller Williams Realty Of The Treasure Coast License #3290590 Listed on: 06/11/2024

Keller Williams Realty Of The Treasure Coast

Co-Listed By

Daryl Fathauer

Keller Williams Realty Of The Treasure Coast License #3439777

Last Buyer's Agent

Jayme Stevens

Rinker Realty Inc License #3383214

Rinker Realty Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,256

Year Built

  • Built in 1979

Lot Details

  • Home fronts navigable water
  • River Front

HOA Fees

  • $671 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,001 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room
  • River Views

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Parking

  • Detached Garage
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Patio
  • Separate Outdoor Workshop

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 083841026005510205

Community Details

Overview

  • Active Adult
  • Association fees include management, common areas, cable TV, insurance, maintenance structure, pool(s), recreation facilities, reserve fund, sewer, trash, water
  • Circle Bay Yacht Club Subdivision

Amenities

  • Clubhouse
  • Game Room
  • Billiard Room
  • Community Library
  • Laundry Facilities

Recreation

  • Boat Ramp
  • Boating
  • Shuffleboard Court
  • Fitness Center
  • Community Pool
  • Community Spa
  • Park

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,256

Year Built

Built in 1979

Lot Details

0

HOA Fees

$671 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: PALM CITY RD TO CIRCLE BAY YACHT CLUB, BLDG 5.
  • Year Built: 1979
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Entrance Foyer, Living/Dining Room
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Hardwood, Tile, Wood
  • Living Area: 1001.0
  • Dining Room Type: Great Room, Laundry
  • Stories: 3

Exterior Features

  • Exterior Features: Patio
  • View: River
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Navigable Water, No Fixed Bridges, Ocean Access, River Front
  • Waterfront: Yes
  • Construction Type: Block
  • Other Structures: Workshop
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Yn: No
  • Parking Features: Assigned, Detached, Garage, Guest

Utilities

  • Laundry Features: Common Area
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 671.0
  • Community Features: Boat Facilities, Clubhouse, Game Room, Non-Gated, Park, Property Manager On-Site, Pool, Shuffleboard
  • Senior Community: Yes
  • Amenities: Billiard Room, Clubhouse, Fitness Center, Laundry, Library, Management, Pool, Shuffleboard Court, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Structure, Other, Pool(s), Recreation Facilities, Reserve Fund, Sewer, Trash, Water

Lot Info

  • Parcel #: 083841026005510205
  • Zoning Description: RES

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1256.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2025
Sold by
Spievack Linda J
Bought by
Spievack Linda J and Pereira Randi
Current Estimated Value
$290,968

Purchase Details

Listed on
Jun 11, 2024
Closed on
Dec 3, 2024
Sold by
Grimpe Linda M
Bought by
Spievack Linda J
Seller's Agent
Shannon Andersen
Keller Williams Realty Of The Treasure Coast
Buyer's Agent
Jayme Stevens
Rinker Realty Inc
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%
Views
54

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.66%
Original Mortgage
$285,000
Interest Rate
6.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2020
Sold by
Grimpe Edward F and Grimpe Linda M
Bought by
Grimpe Edward F and Grimpe Linda M

Purchase Details

Closed on
Sep 16, 2011
Sold by
Fletcher Patricia Scott
Bought by
Grimpe Edward F and Grimpe Linda M

Purchase Details

Closed on
Jun 19, 2008
Sold by
Hecker Steven J and Hecker Theresa M
Bought by
Fletcher Patricia Scott

Purchase Details

Closed on
Oct 30, 2003
Sold by
Jeffries Howard Michael and Jeffries Alice Ann
Bought by
Hecker Steven J and Hecker Theresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $100 None Listed On Document
Warranty Deed $300,000 Secure Title & Escrow Services
Interfamily Deed Transfer -- Accommodation
Warranty Deed $105,000 Sunbelt Title Agency
Warranty Deed $173,000 Stewart Title Of Martin Coun
Warranty Deed $150,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $285,000 New Conventional
Previous Owner $142,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2024 12/03/24 Sold $300,000 -3.2% $300 / Sq Ft
10/17/2024 10/17/24 Pending -- -- --
09/26/2024 09/26/24 Price Changed $310,000 -4.6% $310 / Sq Ft
08/13/2024 08/13/24 For Sale $325,000 0.0% $325 / Sq Ft
08/10/2024 08/10/24 Pending -- -- --
07/09/2024 07/09/24 Price Changed $325,000 -6.9% $325 / Sq Ft
06/11/2024 06/11/24 For Sale $349,000 -- $349 / 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
2025 $1,307 $285,300 -- $285,300
2024 $1,256 $113,974 -- --
2023 $1,256 $110,655 $0 $0
2022 $1,188 $107,433 $0 $0
2021 $1,163 $104,304 $0 $0
2020 $1,144 $102,864 $0 $0
2019 $1,111 $100,551 $0 $0
2018 $1,075 $98,676 $0 $0
2017 $726 $96,646 $0 $0
2016 $981 $94,658 $0 $0
2015 -- $94,000 $0 $94,000
2014 -- $93,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shannon Andersen

    Seller's Agent in 2024

    Shannon Andersen

    Keller Williams Realty Of The Treasure Coast

    (772) 200-7683

    47 in this area

    476 Total Sales

    Shannon Andersen
    Section Image

  • D

    Seller Co-Listing Agent in 2024

    Daryl Fathauer

    Keller Williams Realty Of The Treasure Coast

    (772) 485-6797

    10 in this area

    51 Total Sales

    Daryl Fathauer
    Section Image
  • Jayme Stevens

    Buyer's Agent in 2024

    Jayme Stevens

    Rinker Realty Inc

    (561) 632-0796

    5 in this area

    97 Total Sales

    Jayme Stevens
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10995203

BeachesMLS

APN: 08-38-41-026-005-51020-5

Florida Martin County Stuart 34994 Downtown Stuart

1950 SW Palm City Rd Unit 5102, Stuart, FL

This home is located at 1950 SW Palm City Rd Unit 5102, Stuart, FL 34994 and is currently priced at $300,000, approximately $299 per square foot. This property was built in 1979. 1950 SW Palm City Rd Unit 5102 is a home located in Martin County with nearby schools including J. D. Parker School Of Technology, Stuart Middle School, and Jensen Beach 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.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes