$400,000
SOLD APR 3, 2026

Inlet Village 40 NE Plantation Rd Unit 109 Floor 1 Stuart, FL 34996

South Hutchinson Island Neighborhood
2 Beds
2 Baths
1,039 Sq Ft
1981 Built

Sale Details

Date Sold: April 3, 2026

$385 Per Sq Ft

15% Below List Price

401 Days on Market

Highlights

  • Lake Front
  • Clubhouse
  • Screened Porch
  • Felix A. Williams Elementary School Rated A-
  • Outdoor Living Area
  • Community Pool

About This Home

As of April 2026

Highly desirable, Inlet Village in Indian River Plantation, (IRP), overlooks the Lake and the Marriotts Golf course. This first floor, 2 bedrooms, 2 bath has 1039 sq ft of living space, a screened porch and is move in ready. Inlet Village has a Resort style community pool and club house. The Marriott Ocean Club offer amenities including golf, tennis, Pickleball, pool and restaurant. Inlet Village is close to beaches, restaurants and shopping. The unit has strong income, generating from monthly rentals. Make this your Tropical Paradise.

Last Agent to Sell the Property

Angelo Palmieri

RE Florida Homes License #3355320 Listed on: 08/26/2024

RE Florida Homes

Last Buyer's Agent

Angelo Palmieri

RE Florida Homes License #3355320 Listed on: 08/26/2024

RE Florida Homes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,194

Year Built

  • Built in 1981

Lot Details

HOA Fees

  • $800 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,039 Sq Ft Home
  • 4-Story Property
  • Screened Porch
  • Tile Flooring

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Living Area
  • Outdoor Grill

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 313742101001010904

Community Details

Overview

  • Association fees include common areas, legal/accounting, ground maintenance, maintenance structure, pool(s), reserve fund, roof, sewer, trash, water
  • Inlet Village Subdivision

Amenities

  • Picnic Area
  • Clubhouse
  • Elevator
  • Community Storage Space

Recreation

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,194

Year Built

Built in 1981

Lot Details

0 Sq Ft Lot

HOA Fees

$800 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • MaximumNumberOfPets: 2
  • Year Built: 1981
  • Entry Level: 1
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Multiple Primary Suites
  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: First Floor Entry
  • Flooring: Tile
  • Living Area: 1039.0
  • Stories: 4

Exterior Features

  • Exterior Features: Barbecue, Outdoor Living Area, Porch
  • View: Lake
  • Pool Features: Association
  • View: Yes
  • Waterfront Features: Lake Front, None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No

Utilities

  • Security: None
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 2400.0
  • Senior Community: No
  • Amenities: Clubhouse, Picnic Area, Pool, Storage, Elevator(s)
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Pets Allowed: Number Limit, Yes

Fee Information

  • Association Fee Includes: Common Areas, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Pool(s), Reserve Fund, Roof, Sewer, Trash, Water

Lot Info

  • Parcel #: 313742101001010904
  • Mobile Dim Units: Feet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5194.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2024
Closed on
Apr 3, 2026
Sold by
Brophy Jonathan and Lawrence E Brophy Revocable Trust
Bought by
Plantation 109 Llc
Seller's Agent
Angelo Palmieri
RE Florida Homes
Buyer's Agent
Angelo Palmieri
RE Florida Homes
List Price
$472,000
Sold Price
$400,000
Premium/Discount to List
-$72,000
-15.25%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
208.69%

Purchase Details

Closed on
May 10, 2019
Sold by
Brophy Lawrence E and Brophy Nan E
Bought by
Brophy Lawrence E and The Lawrence Brophy Revocable

Purchase Details

Closed on
May 25, 2018
Sold by
Jolly Barry and Jolly Patricia
Bought by
Brophy Lawrence E and Brophy Nan E

Purchase Details

Closed on
Jun 1, 2015
Sold by
Derisio Nicholas L
Bought by
Jolly Barry S and Jolly Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,650
Interest Rate
3.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2013
Sold by
Faber Laura
Bought by
Derisio Nicholas L

Purchase Details

Closed on
Apr 19, 2011
Sold by
Faber Laura and Wiesmann Gerald
Bought by
Faber Laura

Purchase Details

Closed on
Feb 28, 2005
Sold by
Delade Emil and Delade Elaine
Bought by
Wiesmann Gerald and Faber Laura J

Purchase Details

Closed on
Mar 31, 2003
Sold by
Lehman Gerald J and Lehman Wanda K
Bought by
Delade Emil and Delade Elaine
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $400,000 None Listed On Document
Warranty Deed $400,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $281,400 First International Ttile In
Warranty Deed $281,400 First International Ttile In
Warranty Deed $149,500 Ally Parker Brown Title Insu
Warranty Deed $149,500 Ally Parker Brown Title Insu
Warranty Deed $150,000 Ally Parker Brown Title Insu
Warranty Deed $150,000 Ally Parker Brown Title Insu
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $399,000 Hutchinson Island Title Lc
Warranty Deed $399,000 Hutchinson Island Title Lc
Warranty Deed $190,000 Hutchinson Island Title Lc
Warranty Deed $190,000 Hutchinson Island Title Lc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $104,650 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2026 04/03/26 Sold $400,000 -4.7% $385 / Sq Ft
10/04/2025 10/04/25 Off Market $419,900 -- --
10/01/2025 10/01/25 Pending -- -- --
07/09/2025 07/09/25 Price Changed $419,900 -11.0% $404 / Sq Ft
08/26/2024 08/26/24 For Sale $472,000 -- $454 / 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 $5,683 $339,671 -- --
2024 $5,194 $308,792 -- --
2023 $5,194 $280,720 $0 $0
2022 $4,544 $255,200 $0 $0
2021 $4,076 $232,000 $0 $232,000
2020 $3,872 $219,000 $0 $0
2019 $3,635 $203,000 $0 $0
2018 $2,760 $157,000 $0 $0
2017 $2,465 $150,000 $0 $0
2016 $2,192 $127,000 $0 $127,000
2015 $2,114 $127,000 $0 $127,000
2014 $2,114 $127,000 $0 $127,000
Source: Public Records

Agents Affiliated with this Home

  • Angelo Palmieri

    Seller's Agent in 2026

    Angelo Palmieri

    RE Florida Homes

    (772) 263-0560

    4 in this area

    16 Total Sales

    Angelo Palmieri
    Section Image
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About Inlet Village

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10458694

BeachesMLS (Greater Fort Lauderdale)

APN: 31-37-42-101-001-01090-4

Florida Martin County Stuart 34996 South Hutchinson Island

40 NE Plantation Rd Unit 109, Stuart, FL

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 (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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