$525,000
$24K PRICE DROP

Estimated payment $4,127/month

Total Views 1,928
1 Bed
1 Bath
650 Sq Ft
$808 Price per Sq Ft

Highlights

  • Ocean Front
  • Boat Dock
  • Built in 1978 | Newly Remodeled
  • Felix A. Williams Elementary School Rated A-
  • Beach
  • 3.2 Acre Lot

About This Home

Weekly rentals on the beach - a good earner! This light, bright 1BR unit on the beach is sold Turnkey for your personal enjoyment or rental income - or both. A rare HOA Rules situation allows rentals with a 7 day minimum on the beach in the heart of Indian River Plantation, and a one BR unit that sleeps 4 is in high demand. The updated interior includes storm protection with shutter panels facing the beach and impact glass on the west side. The building has passed all Milestone/SIRS requirements, and repairs should be done by Thanksgiving - Good Shape all around. Owners at the Pelican Bldg. may opt to join the Marriott Ocean Club to enjoy golf/tennis/pickleball/beach club family fun on sunny Hutchinson Island. Easy to see - just call...

Listing Agent

Jerome McWilliams

Water Pointe Realty Group Brokerage Phone: 772-708-7506 License #344366 Listed on: 11/03/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,957

Year Built

  • Built in 1978 | Newly Remodeled

Lot Details

  • Ocean Front

HOA Fees

  • $872 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Built-Up Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 650 Sq Ft Home
  • 4-Story Property
  • Furnished

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Property has ocean access
  • Balcony

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • 110 Volts

Community Details

Overview

  • Association fees include management, cable TV, insurance, internet, maintenance structure, pest control, pool(s), reserve fund, sewer, trash, water
  • 40 Units
  • Club Membership Available
  • Association Phone (772) 334-3357

Amenities

  • Community Barbecue Grill
  • Trash Chute
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Boat Dock
  • Beach
  • Park

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Security

  • Hurricane or Storm Shutters
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,957

Year Built

Built in 1978 | Newly Remodeled

Lot Details

0

HOA Fees

$872 per month

Listing Details

  • Entry Level: 1
  • Lot Size Acres: 3.1983
  • New Construction: Yes
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Prop. Type: Residential
  • Building Stories: 4
  • Subdivision Name: Resort Villas Condo 01 & 02 Irp
  • Year Built: 1978
  • Year Built Details: New
  • Ownership: Fee Simple
  • Attribution Contact: 772-708-7506
  • OriginatingSystemListAgentMemberKey: 51428562
  • ListAgentNationalAssociationId: 279060817
  • Special Features: NewHome
  • Stories: 4

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Furnished: Furnished
  • Living Area: 650.0
  • Private Spa: No
  • Stories: 4
  • Window Features: Impact Glass

Exterior Features

  • Construction Type: Block, Concrete
  • Exterior Features: Balcony, Storm/Security Shutters
  • Patio And Porch Features: Balcony, Open
  • Pool Private: No
  • Property Condition: New Construction
  • Roof: Built-Up
  • View: Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front, Beach Access
  • Waterfront: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: 110 Volts, 220 Volts
  • Heating: Central, Individual
  • Laundry Features: Common Area
  • Utilities: Electricity Connected

Condo/Co-op/Association

  • Amenities: Elevator(s)
  • Association Fee: 872.0
  • Phone: 772-334-3357
  • Association: Yes
  • Community Features: Barbecue, Beach, Bicycle Storage, Club Membership Available, Dock, Elevator, Laundry Facilities, Non-Gated, Park, Storage Facilities, Trash Chute
  • Pets Allowed: Number Limit, Size Limit, Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Insurance, Internet, Maintenance Structure, Pest Control, Pool(s), Reserve Fund, Sewer, Trash, Water

Multi Family

  • Number Of Units In Community: 40

Tax Info

  • Tax Annual Amount: 5957.0
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,957 $379,201 -- --
2024 $5,813 $344,729 -- --
2023 $5,813 $313,390 $0 $0
2022 $4,945 $284,900 $0 $0
2021 $4,550 $259,000 $0 $259,000
2020 $4,191 $237,000 $0 $0
2019 $4,244 $237,000 $0 $0
2018 $4,097 $230,000 $0 $0
2017 $3,637 $220,000 $0 $0
2016 $3,274 $192,000 $0 $192,000
2015 $2,697 $171,000 $0 $171,000
2014 $2,697 $162,000 $0 $162,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2025 11/30/25 Price Changed $525,000 -4.4% $808 / Sq Ft
11/03/2025 11/03/25 For Sale $549,000 +81.5% $845 / Sq Ft
08/28/2017 08/28/17 Sold $302,500 -4.0% $465 / Sq Ft View Prior Sale
07/29/2017 07/29/17 Pending -- -- --
07/04/2017 07/04/17 For Sale $315,000 +57.5% $485 / Sq Ft
09/12/2014 09/12/14 Sold $200,000 -5.7% $308 / Sq Ft View Prior Sale
08/13/2014 08/13/14 Pending -- -- --
07/25/2014 07/25/14 For Sale $212,000 +6.5% $326 / Sq Ft
06/30/2014 06/30/14 Sold $199,000 -5.2% $306 / Sq Ft View Prior Sale
05/31/2014 05/31/14 Pending -- -- --
02/12/2014 02/12/14 For Sale $209,900 0.0% $323 / Sq Ft
04/25/2012 04/25/12 Rented -- -- --
03/26/2012 03/26/12 Under Contract -- -- --
07/28/2011 07/28/11 For Rent -- -- --
Source: Martin County REALTORS® of the Treasure Coast

Purchase History

Date Type Sale Price Title Company
Deed $302,500 --
Warranty Deed $200,000 Sun Title Agency Llc
Interfamily Deed Transfer -- Attorney
Warranty Deed $199,000 Attorney
Warranty Deed $169,900 Attorney
Warranty Deed $213,000 Hutchinson Island Title Lc
Warranty Deed $101,500 --
Warranty Deed $91,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed -- No Value Available
Previous Owner $170,400 Purchase Money Mortgage
Previous Owner $65,500 New Conventional
Source: Public Records

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20052910

Martin County REALTORS® of the Treasure Coast

APN: 31-37-42-002-001-01040-5