NOT LISTED FOR SALE

417 SE Coconut Ave Unit 3 & 5 Stuart, FL 34996

Downtown Stuart Neighborhood

Estimated Value: $217,175

3 Beds
3 Baths
1,584 Sq Ft
$700/mo HOA Fee

Last Sold March 22, 2021

Last sale price $275,000 $174 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $2,055/month

Highlights

  • Mediterranean Architecture
  • Jensen Beach High School Rated A
  • Central Heating and Cooling System

About This Home

As of March 2021

***Back up Offers Being Accepted.*** Contact Listing Agent for Showings and Details on the Property.

You don’t want to miss this rare opportunity to own a historic property near Downtown Stuart. 417 SE Coconut Ave was built in 1925 prior to the Lyric Theater and same year Martin County was created. You have the opportunity of purchase two units in this historic building. These units do not come available for sale very often.

Unit #3 is classified at Mixed Use Condo and is 720 square feet. It is currently rented as a residence.

Unit #5 is classified as Mixed Use Condo and is 864 square feet. It is divided into two units. One upstairs and one downstairs. currently only the upstairs unit is rented as residences. The downstairs is currently vacant.

Currently these properties are producing approximately $36,000 per year in gross income when fully occupied.

Units are being sold as a package only.

Last Agent to Sell the Property

Troy McDonald

Illustrated Properties License #3460000 Listed on: 11/02/2020

Illustrated Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,442

Year Built

  • Built in 1925

Lot Details

  • 10,302

HOA Fees

  • $700 Monthly HOA Fees

Home Design

  • Mediterranean Architecture
  • Frame Construction
  • Stucco

Interior Spaces

  • 1,584 Sq Ft Home
  • 2-Story Property
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include common areas

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,442

Year Built

Built in 1925

Lot Details

0

HOA Fees

$700 per month

Listing Details

  • Architectural Style: Mediterranean
  • Directions: East Ocean to Coconut Ave. South on Coconut Ave. Building on Left.
  • Lot Size Acres: 0.2365
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Prop. Type: Residential
  • Building Stories: 2
  • Subdivision Name: 417 Coconut Ave Condo
  • Year Built: 1925
  • Ownership: Corporation
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Electric Range
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Furnished: Unfurnished
  • Living Area: 1584.0
  • Stories: 2

Exterior Features

  • Construction Type: Frame, Stucco
  • Pool Private: No
  • Waterfront: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 700.0
  • Association: Yes
  • Pets Allowed: Pet Restrictions
  • Senior Community: No

Fee Information

  • Association Fee Includes: Common Areas

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1442.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2023
Sold by
Lybolt Matthew
Bought by
Ciolkosz Lawrence J and Ciolkosz Pamela L
Current Estimated Value
$217,175

Purchase Details

Closed on
Jun 1, 2022
Sold by
Hhs Coconut Llc
Bought by
Lybolt Matthew John

Purchase Details

Listed on
Nov 2, 2020
Closed on
Mar 22, 2021
Sold by
Hjs Stuart Properties Llc
Bought by
Hhs Coconut Llc
Seller's Agent
Troy McDonald
Illustrated Properties
List Price
$342,000
Sold Price
$275,000
Premium/Discount to List
-$67,000
-19.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.13%
Original Mortgage
$178,750
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 6, 2015
Sold by
Coconut Properties Llc
Bought by
Hjs Stuart Properties Llc

Purchase Details

Closed on
Jan 8, 2004
Sold by
White John T and White Patty Ann
Bought by
Coconut Properties Llc

Purchase Details

Closed on
Mar 10, 1997
Sold by
Braden Philip R
Bought by
White John T and White Patty A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.9%
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
Ciolkosz Lawrence J $224,000 None Listed On Document
Ciolkosz Lawrence J $224,000 None Listed On Document
Lybolt Matthew John $220,000 Ochoa & Rubio Pa
Hhs Coconut Llc $275,000 Arrow Title
Hjs Stuart Properties Llc $179,000 Clarion Title Company Inc
Coconut Properties Llc $210,000 --
White John T $93,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hhs Coconut Llc $178,750
Previous Owner White John T $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2021 03/22/21 Sold $275,000 -19.6% $174 / Sq Ft
02/20/2021 02/20/21 Pending -- -- --
11/01/2020 11/01/20 For Sale $342,000 -- $216 / 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 $2,374 $169,785 -- --
2024 $2,386 $165,000 $165,000 $165,000
2023 $2,386 $165,000 $165,000 $165,000
2022 $1,778 $90,000 $0 $90,000
2021 $1,577 $75,240 $0 $0
2020 $1,431 $68,400 $0 $0
2019 $1,442 $68,400 $0 $0
2018 $1,435 $68,400 $0 $0
2017 $1,259 $68,400 $0 $0
2016 $1,402 $68,400 $0 $68,400
2015 -- $68,400 $0 $68,400
2014 -- $88,400 $0 $88,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20026383

Martin County REALTORS® of the Treasure Coast

APN: 03-38-41-043-000-00030-1