NOT LISTED FOR SALE

Pelican Villas 379 NE Tradewind Ln Unit 1208 Stuart, FL 34996

South Hutchinson Island Neighborhood

Estimated Value: $483,000 - $746,000

2 Beds
2 Baths
900 Sq Ft
$759/mo HOA Fee

Last Sold June 28, 2023

Last sale price $741,000 $823 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $4,758/month

Highlights

  • Ocean Front
  • Beach
  • Elevator
  • Jensen Beach High School Rated A
  • Furnished
  • Balcony

About This Home

As of June 2023

Enjoy sunny wide water views from this outstanding beachfront perch at the Pelican Bldg at Indian River Plantation. This 2BR/2 bath turnkey unit has an extra-large balcony looking over the pool and straight out to sea. It is nicely updated and outfitted for its primary purpose - Income. The Pelican Bldg is the rare HOA that allow weekly rentals, and #1208 is a superb earner. ($2,000/week in season, pre-booked 1/17-4/1/24)) The last 2 years the HOA has been attending to exterior replacement and repair to keep everything up to the new code, and all assessments are paid. Block out time for your family, and let us rent the rest! You also have the option to join the Marriott Ocean Club, Working around the paying customers, it is easy to see.

Last Agent to Sell the Property

Jerome McWilliams

Water Pointe Realty Group License #344366 Listed on: 06/12/2023

Last Buyer's Agent

Jim Coble

Realty One Group Engage License #3169696

Realty One Group Engage

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,636

Year Built

  • Built in 1977

Lot Details

  • Ocean Front

HOA Fees

  • $759 Monthly HOA Fees

Parking

  • Open Parking

Property Views

  • Pool

Home Design

  • Entry on the 2nd floor
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 900 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Closed Circuit Camera

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Property has ocean access
  • Balcony

Utilities

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

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, internet, laundry, ground maintenance, maintenance structure, pest control, pool(s), road maintenance, sewer, security, trash, water
  • 40 Units
  • Association Phone (772) 334-3357

Amenities

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

Recreation

  • Beach

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Security

  • Security Guard
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,636

Year Built

Built in 1977

Lot Details

0

HOA Fees

$759 per month

Listing Details

  • Entry Level: 2
  • 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: 1977
  • Year Built Details: Resale
  • Ownership: Fee Simple
  • Attribution Contact: 772-708-7506
  • Special Features: None
  • Stories: 4

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Furnished: Furnished
  • Living Area: 900.0
  • Stories: 4
  • ResoLivingAreaSource: Plans

Exterior Features

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

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Open

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: 110 Volts, 220 Volts
  • Heating: Central, Individual
  • Laundry Features: Common Area
  • Security: Closed Circuit Camera(s), Security Guard
  • Utilities: Electricity Connected

Condo/Co-op/Association

  • Amenities: Elevator(s)
  • Association Fee: 759.0
  • Phone: 772-334-3357
  • Association: Yes
  • Community Features: Barbecue, Beach, Elevator, Laundry Facilities, Storage Facilities, Trash Chute
  • Pets Allowed: Number Limit, Size Limit, Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Internet, Laundry, Maintenance Grounds, Maintenance Structure, Pest Control, Pool(s), Road Maintenance, Sewer, Security, Trash, Water

Lot Info

  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 40

Tax Info

  • Tax Annual Amount: 6636.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2023
Closed on
Jun 24, 2023
Sold by
1208 Pelican Llc
Bought by
Oksas Investments Llc
Seller's Agent
Jerome McWilliams
Water Pointe Realty Group
Buyer's Agent
Jim Coble
Realty One Group Engage
List Price
$729,000
Sold Price
$741,000
Premium/Discount to List
$12,000
1.65%
Views
18
Current Estimated Value
$601,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$139,594
Avg. Annual Appreciation
-8.53%

Purchase Details

Closed on
May 12, 2010
Sold by
Barwig Ann Floody
Bought by
1208 Pelican Llc

Purchase Details

Closed on
May 30, 2002
Sold by
Barwig Ann Floody
Bought by
Barry Richard

Purchase Details

Closed on
May 28, 2002
Sold by
Barry Richard and Barry Dawn L
Bought by
Barwig Ann Floody

Purchase Details

Closed on
Apr 30, 2001
Sold by
Miller R C
Bought by
Berry Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,790
Interest Rate
6.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 1999
Sold by
R C Miller Tr
Bought by
Miller R C

Purchase Details

Closed on
Jan 8, 1997
Sold by
Miller R Chardelle
Bought by
Miller R C

Purchase Details

Closed on
Jul 25, 1996
Sold by
Miller T Rickert
Bought by
Miller R Chardell

Purchase Details

Closed on
Oct 27, 1994
Sold by
Bonham Dinah
Bought by
Chardelle Miller R and Rickert Miller T
Source: Public Records

Range of Values:

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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
Oksas Investments Llc $741,000 None Listed On Document
1208 Pelican Llc $320,000 Ally Parker Brown Title Insu
Barry Richard -- Hutchinson Island Title Lc
Barwig Ann Floody $265,000 Hutchinson Island Title Lc
Berry Richard -- --
Barry Richard $210,000 --
Miller T R -- --
Miller R C $100 --
Miller R C $100 --
Miller R Chardell $100 --
Chardelle Miller R $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller R Chardell $188,790
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2023 06/28/23 Sold $741,000 +1.6% $823 / Sq Ft
06/16/2023 06/16/23 Pending -- -- --
06/12/2023 06/12/23 For Sale $729,000 -- $810 / 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 $10,227 $621,620 -- $621,620
2024 $7,666 $615,650 $615,650 $615,650
2023 $7,666 $412,610 $0 $0
2022 $6,636 $375,100 $0 $0
2021 $5,990 $341,000 $0 $341,000
2020 $5,800 $328,000 $0 $0
2019 $5,873 $328,000 $0 $0
2018 $5,878 $330,000 $0 $0
2017 $5,351 $325,000 $0 $0
2016 $4,764 $276,000 $0 $276,000
2015 $4,162 $270,000 $0 $270,000
2014 $4,162 $250,000 $0 $250,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jerome McWilliams

    Water Pointe Realty Group

    (772) 708-7506

    57 in this area

    64 Total Sales

    Jerome McWilliams
    Section Image
  • Jim Coble

    Buyer's Agent in 2023

    Jim Coble

    Realty One Group Engage

    (772) 529-5290

    2 in this area

    45 Total Sales

    Jim Coble
    Section Image
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About Pelican Villas

Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20039782

Martin County REALTORS® of the Treasure Coast

APN: 31-37-42-002-001-02080-4

Florida Martin County Stuart 34996 South Hutchinson Island

379 NE Tradewind Ln Unit 1208, Stuart, FL

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Listing broker has attempted to offer accurate data, but buyers are advised to confirm all information.

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