NOT LISTED FOR SALE

27 NE Lofting Way Stuart, FL 34996

Sewall's Point Neighborhood

Estimated Value: $6,137,000 - $9,006,311

8 Beds
8 Baths
13,138 Sq Ft
$576/Sq Ft Est. Value

Last Sold March 15, 2023

Last sale price $11,750,000 $894 Per Sq Ft

Est. 36% decrease in value since last sale

Current estimated payment $53,293/month

29 Days on Market

Highlights

  • Boat Ramp
  • Property has ocean access
  • Barn
  • Felix A. Williams Elementary School Rated A-
  • Home fronts navigable water
  • Community Cabanas

About This Home

As of March 2023

This home is located at 27 NE Lofting Way, Stuart, FL 34996 since 20 December 2022 and is currently estimated at $7,571,656, approximately $576 per square foot. This property was built in 1995. 27 NE Lofting Way is a home located in Martin County with nearby schools including Felix A. Williams Elementary School, Stuart Middle School, and Jensen Beach High School.

Last Agent to Sell the Property

Frederick Abberley

Illustrated Properties/Sewalls Brokerage Phone: 203-233-6954 License #3475071 Listed on: 12/20/2022

Illustrated Properties/Sewalls

Last Buyer's Agent

Drew Ciraldo

William Raveis Real Estate License #3230821

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $103,822

Year Built

  • Built in 1995

Lot Details

  • 3.93 Acre Lot
  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • Southwest Facing Home
  • Sprinkler System

Parking

  • 2 Car Garage
  • Attached Carport
  • Garage Door Opener
  • Circular Driveway

Property Views

  • River
  • Pool

Home Design

  • Tile Roof
  • Concrete Roof
  • Metal Roof

Interior Spaces

  • 13,138 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Custom Mirrors
  • Furnished
  • High Ceiling
  • Ceiling Fan
  • Fireplace
  • Blinds
  • Entrance Foyer
  • Formal Dining Room
  • Open Floorplan
  • Sun or Florida Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Clay
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms | 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Security Lights
  • Intercom
  • Motion Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Gunite Pool
  • Saltwater Pool
  • Outdoor Shower
  • Pool Equipment or Cover

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Balcony
  • Patio
  • Wrap Around Porch

Farming

  • Barn

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Well
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 263741013000000701

Community Details

Overview

  • Property has a Home Owners Association
  • Plantation At Sewalls Point The Subdivision

Recreation

  • Boat Ramp
  • Boating
  • Fitness Center
  • Community Cabanas
  • Community Pool

Security

  • Phone Entry
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$103,822

Year Built

Built in 1995

Lot Details

3.93 Acres

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 1995
  • Architectural Style: Georgian
  • Carport Y N: Yes
  • Unit Levels: Multi/Split, Two
  • New Construction: No
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Wet Bar, Bidet, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Family/Dining Room, High Ceilings, Kitchen/Dining Combo, Living/Dining Room, Custom Mirrors, Multiple En Suite Bathrooms, Pantry, Sitting Area in Primary, Split Bedrooms, Separate Shower, Tub Shower, Upper Level Primary
  • Main Level Bedrooms: 2
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Free-Standing Freezer, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Accessibility Features: Accessible Doors, Accessible Hallway(s)
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 8
  • Entry Location: Entry Level Living Area Y
  • Fireplace: Yes
  • Flooring: Clay, Marble, Tile
  • Living Area: 13138.0
  • Dining Room Type: Dining Room, Florida Room
  • Stories: 2
  • Window Features: Blinds, Drapes

Exterior Features

  • Exterior Features: Built-in Barbecue, Balcony, Barbecue, Lighting, Outdoor Kitchen, Outdoor Living Area, Outdoor Shower
  • View: Pool, River
  • Lot Features: Sprinklers Automatic, Sprinkler System
  • Pool Features: Gunite, Heated, In Ground, Outside Bath Access, Pool Equipment, Salt Water, Association
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Intracoastal Access, Navigable Water, No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes
  • Construction Type: Mixed, Concrete
  • Direction Faces: Southwest
  • Other Structures: Barn(s), Outbuilding, Boat House
  • Patio And Porch Features: Covered, Patio, Porch, Wrap Around, Balcony
  • Property Condition: Resale
  • Roof: Concrete, Metal, Tile

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached Carport, Circular Driveway, Covered, Garage, Golf Cart Garage, Garage Door Opener

Utilities

  • Laundry Features: Inside, Laundry Closet, Laundry Tub
  • Other Equipment: Intercom
  • Security: Security System Owned, Security System, Closed Circuit Camera(s), Fire Alarm, Fire Sprinkler System, Gated Community, Motion Detectors, Phone Entry, Smoke Detector(s), Security Fence, Security Lights
  • Cooling: Central Air, Ceiling Fan(s), Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public, Well

Condo/Co-op/Association

  • Association Fee: 1000.0
  • Pets Allowed: Yes
  • Community Features: Home Owners Association, Boat Facilities, Gated
  • Senior Community: No
  • Amenities: Boating, Cabana, Fitness Center, Pool, Recreation Facilities, Workshop Area
  • Association: Yes
  • Pets Allowed: No Pet Restrictions, Yes

Lot Info

  • Parcel #: 263741013000000701
  • Lot Size Acres: 3.93
  • Lot Size Sq Ft: 171190.8
  • Mobile Dim Units: Feet
  • Zoning: R2

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 103822.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2022
Closed on
Mar 13, 2023
Sold by
Engh Charles A
Bought by
Desmarais Alexandre
Seller's Agent
Frederick Abberley
Illustrated Properties/Sewalls
Buyer's Agent
Drew Ciraldo
William Raveis Real Estate
List Price
$12,000,000
Sold Price
$11,750,000
Premium/Discount to List
-$250,000
-2.08%
Views
620
Current Estimated Value
$7,571,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,178,344
Avg. Annual Appreciation
-13.63%
Original Mortgage
$7,000,000
Outstanding Balance
$6,738,384
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$833,272

Purchase Details

Listed on
Dec 20, 2022
Closed on
Mar 10, 2023
Sold by
Ware Elizabeth E
Bought by
Desmarais Alexandre
Seller's Agent
Frederick Abberley
Illustrated Properties/Sewalls
Buyer's Agent
Drew Ciraldo
William Raveis Real Estate
List Price
$12,000,000
Sold Price
$11,750,000
Premium/Discount to List
-$250,000
-2.08%
Views
620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,000,000
Outstanding Balance
$6,738,384
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$833,272

Purchase Details

Listed on
May 19, 2015
Closed on
Nov 10, 2015
Sold by
Oak River Llc
Bought by
Engh Md Charles A and The Charles A Engh Md Revocable Trust
Buyer's Agent
Jeene Brown
RE/MAX of Stuart
List Price
$6,950,000
Sold Price
$5,450,000
Premium/Discount to List
-$1,500,000
-21.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.02%

Purchase Details

Closed on
Mar 19, 1997
Sold by
Warmbold Joachim and Negre Nicole
Bought by
Oak River Llc

Purchase Details

Closed on
Mar 18, 1997
Sold by
Warmbold Joachim
Bought by
Charles A Engh Md Revocable Trust

Purchase Details

Closed on
Feb 6, 1997
Sold by
Cordigame Sa
Bought by
Warmbold Joachim and Negre Nicole
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Desmarais Alexandre $100 --
Desmarais Alexandre $100 None Listed On Document
Desmarais Alexandre $11,750,000 --
Desmarais Alexandre $11,750,000 None Listed On Document
Desmarais Alexandre $100 --
Desmarais Alexandre $100 None Listed On Document
Desmarais Alexandre $100 --
Desmarais Alexandre $100 None Listed On Document
Desmarais Alexandre $100 --
Engh Md Charles A $5,450,000 Attorney
Oak River Llc $2,250,000 --
Charles A Engh Md Revocable Trust $4,500,000 --
Warmbold Joachim $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desmarais Alexandre $7,000,000
Closed Desmarais Alexandre $7,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2023 03/15/23 Sold $11,750,000 -2.1% $894 / Sq Ft
01/19/2023 01/19/23 Pending -- -- --
12/20/2022 12/20/22 For Sale $12,000,000 +120.2% $913 / Sq Ft
11/10/2015 11/10/15 Sold $5,450,000 -21.6% $422 / Sq Ft View Prior Sale
10/11/2015 10/11/15 Pending -- -- --
05/19/2015 05/19/15 For Sale $6,950,000 -- $538 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $166,759 $10,438,440 $6,091,700 $4,346,740
2024 $118,563 $10,295,850 $10,295,850 $4,400,660
2023 $118,563 $6,114,977 $0 $0
2022 $103,822 $5,559,070 $0 $0
2021 $86,486 $5,053,700 $2,422,500 $2,631,200
2020 $84,636 $5,037,080 $2,422,500 $2,614,580
2019 $85,938 $5,071,260 $2,422,500 $2,648,760
2018 $87,260 $5,109,780 $2,422,500 $2,687,280
2017 $83,657 $5,065,690 $2,843,250 $2,222,440
2016 $81,116 $4,834,340 $2,869,950 $1,964,390
2015 $79,012 $4,975,110 $3,262,680 $1,712,430
2014 $79,012 $4,974,950 $3,262,680 $1,712,270
Source: Public Records

Agents Affiliated with this Home

  • Frederick Abberley

    Seller's Agent in 2023

    Frederick Abberley

    Illustrated Properties/Sewalls

    (203) 233-6954

    5 in this area

    24 Total Sales

    Frederick Abberley
    Section Image
  • Drew Ciraldo

    Buyer's Agent in 2023

    Drew Ciraldo

    William Raveis Real Estate

    (772) 233-9657

    1 in this area

    60 Total Sales

    Drew Ciraldo
    Section Image
  • Jeene Brown

    Buyer's Agent in 2015

    Jeene Brown

    RE/MAX

    (772) 215-1952

    47 Total Sales

    Jeene Brown
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10853205

BeachesMLS (Greater Fort Lauderdale)

APN: 26-37-41-013-000-00070-1

Florida Martin County Stuart 34996 Sewall's Point

27 NE Lofting Way, Stuart, FL

Not Listed for Sale

Detached

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BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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