NOT LISTED FOR SALE

Estimated Value: $612,000 - $698,000

2 Beds
2 Baths
975 Sq Ft
$465/mo HOA Fee

Last Sold September 25, 2019

Last sale price $450,000 $462 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,828/month

62 Days on Market

Highlights

  • Ocean Front
  • Beach
  • End Unit
  • Jensen Beach High School Rated A
  • Main Floor Primary Bedroom
  • Furnished

About This Home

As of September 2019

Beautifully upgraded and furnished 2/2 end unit, with under bldg parking, impact glass sliders, door sized Plantation shutters for sliders; refurbished kitchen, tiled "stone-like" floors, direct ocean views and distant river views. This special end unit has two entries into the condo, Pelican is an assoc'n at Indian River Plantation allowing weekly rentals! Owner has averaged $50,000/yr +/-over past 3 yrs and on the way to another record in 2019. Leases in effect in 2019-2020 for new buyer with instant income stream. So much more to appreciate in person, schedule a visit, create your own vacation get-away paid for with rental income.

Last Agent to Sell the Property

Gary Kaufenberg

Beach Front Mann Realty/Stuart License #559148 Listed on: 06/25/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,728

Year Built

  • Built in 1976

Lot Details

  • Ocean Front
  • Property fronts a private road
  • End Unit
  • East Facing Home
  • Zero Lot Line

HOA Fees

  • $465 Monthly HOA Fees

Property Views

Home Design

  • Metal Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 975 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Shutters
  • Entrance Foyer
  • Combination Dining and Living Room
  • Ceramic Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Home Security

Parking

  • 1 Covered Space
  • Assigned Parking

Outdoor Features

  • Property has ocean access
  • Balcony
  • Covered patio or porch
  • Outdoor Grill

Schools

  • Felix A Williams Elementary School
  • Stuart Middle School
  • Martin County High School

Utilities

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

Community Details

Overview

  • Association fees include management, common areas, cable TV, electricity, insurance, legal/accounting, ground maintenance, maintenance structure, pest control, pool(s), reserve fund, road maintenance, sewer, security, trash, water
  • 40 Units
  • Association Phone (772) 220-0005

Amenities

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

Recreation

  • Beach
  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Security

  • Security Guard
  • Hurricane or Storm Shutters
  • Storm Windows
  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,728

Year Built

Built in 1976

Lot Details

0

HOA Fees

$465 per month

Listing Details

  • Directions: From Stuart, stay on A1A until you cross 2 bridges and you're on Hutchinson Island, at the stop light go right on MacArthur Blvd to left on Plantation Rd. At the "Y", stay right to Pelican Bldg.
  • Entry Level: 3
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Building Stories: 4
  • Subdivision Name: Resort Villas Condo 01
  • Year Built: 1976
  • Ownership: Fee Simple
  • Special Features: None
  • Stories: 4

Interior Features

  • Appliances: Some Electric Appliances, Dishwasher, Electric Range, Disposal, Microwave, Range, Refrigerator, Water Heater
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Furnished: Furnished
  • Interior Amenities: Breakfast Area, Entrance Foyer, Elevator, Master Downstairs, Living/Dining Room, Sitting Area in Master, Tub Shower, Walk-In Closet(s)
  • Living Area: 975.0
  • Stories: 4
  • Window Features: Storm Window(s), Impact Glass, Shutters
  • ResoLivingAreaSource: Plans

Exterior Features

  • Common Walls: End Unit
  • Construction Type: Block, Other, Concrete
  • Direction Faces: East
  • Exterior Features: Balcony, Outdoor Grill, Storm/Security Shutters
  • Lot Features: Zero Lot Line
  • Patio And Porch Features: Balcony, Covered
  • Pool Features: Community
  • Pool Private: No
  • Roof: Metal, Other
  • View: Ocean, River
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Parking Features: Assigned, Covered, See Remarks
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Individual
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Security Guard, Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Sewer Connected, Trash Collection, Water Available, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Elevator(s)
  • Association Fee: 465.0
  • Phone: 772-220-0005
  • Association: Yes
  • Community Features: Barbecue, Beach, Elevator, Laundry Facilities, Pool, 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, Electricity, Insurance, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Pest Control, Pool(s), Reserve Fund, Road Maintenance, Sewer, Security, Trash, Water

Schools

  • Elementary School: Felix A Williams
  • High School: Martin County
  • Middle Or Junior School: Stuart

Lot Info

  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 40

Tax Info

  • Tax Annual Amount: 5728.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2023
Sold by
Kehler James S and Kehler Elana R
Bought by
Suarez Yan and Suarez Cailun
Current Estimated Value
$650,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,500
Outstanding Balance
$428,803
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$239,664

Purchase Details

Listed on
Jun 25, 2019
Closed on
Sep 25, 2019
Sold by
Klm Llc
Bought by
Kehler James S and Byrd Elana R
Seller's Agent
Gary Kaufenberg
Beach Front Mann Realty/Stuart
List Price
$469,000
Sold Price
$450,000
Premium/Discount to List
-$19,000
-4.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.96%

Purchase Details

Closed on
Feb 28, 2014
Sold by
Hood Robert L and Hood Jean
Bought by
Klm Llc

Purchase Details

Closed on
Mar 27, 2008
Sold by
Johnsen Jeffrey T and Johnsen Kristin L
Bought by
Hood Robert L and Hood Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 2000
Sold by
Hall Gerald and Hall Sheila
Bought by
Johnsen Jeffrey T and Johnsen Kristin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
7.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 1999
Sold by
Wood Ronald H
Bought by
Hall Gerald and Hall Sheila
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 Buyer Sale Price Title Company
Suarez Yan $625,000 None Listed On Document
Kehler James S $450,000 All Property Title & Escrow
Klm Llc $310,000 Attorney
Hood Robert L $350,000 Atlantic Title Inc
Johnsen Jeffrey T $190,000 --
Hall Gerald $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suarez Yan $437,500
Previous Owner Hood Robert L $221,100
Previous Owner Hood Robert L $280,000
Previous Owner Johnsen Jeffrey T $50,000
Previous Owner Johnsen Jeffrey T $152,000
Previous Owner Hall Gerald $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2019 09/25/19 Sold $450,000 -4.1% $462 / Sq Ft
08/26/2019 08/26/19 Pending -- -- --
06/25/2019 06/25/19 For Sale $469,000 -- $481 / 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 $9,610 $584,120 -- $584,120
2024 $9,272 $578,500 $578,500 $578,500
2023 $9,272 $470,690 $0 $0
2022 $7,997 $427,900 $0 $0
2021 $6,834 $389,000 $0 $389,000
2020 $6,719 $380,000 $0 $0
2019 $6,106 $341,000 $0 $0
2018 $5,968 $335,000 $0 $0
2017 $5,442 $330,000 $0 $0
2016 $4,850 $281,000 $0 $281,000
2015 $4,078 $291,000 $0 $291,000
2014 $4,078 $245,000 $0 $245,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20018661

Martin County REALTORS® of the Treasure Coast

APN: 31-37-42-002-001-03010-7