$244,000 - $280,000
RENTED JUL 11, 2025

480 SW South River Dr Unit 201 Stuart, FL 34997

South Stuart Neighborhood
2 Beds
2 Baths
1,188 Sq Ft
1989 Built

Last Sold November 24, 2015

Last sale price $121,500 $102 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $1,542/month

Highlights

  • Community Boat Facilities
  • Senior Community
  • Clubhouse
  • Fitness Center
  • Gated Community
  • Furnished

About This Home

As of July 2025

South River Village is a highly sought after gated community which embodies the Florida lifestyle. With lush landscaping, ponds, and mature trees. An active clubhouse with beautiful pool area and gazebo overlooks the courts. Extensive community dock space with dry boat/RV storage as available. Easy access to major highways, Historic downtown Stuart and the beaches! This two bedroom two bathroom, featuring artisanal wood cabinetry, travertine flooring and a modern open concept floor plan. This CORNER unit with additional living space is on the second floor with a lovely outdoor balcony. May be leased with or without the furnishings. Assigned carport space, private interior washer and dryer. Water, sewer, basic cable and internet included. Accordion shutters for storm protection. No smoking or pets.

Last Agent to Rent the Property

Marnie Pacheco

Berkshire Hathaway Florida Realty Brokerage Phone: 772-486-1036 License #3404385 Listed on: 05/19/2025

Berkshire Hathaway Florida Realty

Last Renter's Agent

Marnie Pacheco

Berkshire Hathaway Florida Realty Brokerage Phone: 772-486-1036 License #3404385 Listed on: 05/19/2025

Berkshire Hathaway Florida Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $908

Year Built

  • Built in 1989

Parking

  • 1 Covered Space

Interior Spaces

  • 1,188 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Built-In Features
  • Ceiling Fan

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Schools

  • Jd Parker Elementary School
  • Dr. David L. Anderson Middle School
  • Martin County High School

Additional Features

  • Separate Outdoor Workshop
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • Senior Community
  • Property has a Home Owners Association
  • Property Manager

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Game Room
  • Community Library
  • Community Storage Space

Recreation

  • Community Boat Facilities
  • Tennis Courts
  • Pickleball Courts
  • Bocce Ball Court
  • Shuffleboard Court
  • Fitness Center
  • Community Pool
  • Park
  • Trails

Security

  • Gated Community
  • Hurricane or Storm Shutters

Condo Details

Home Type

Condominium

Est. Annual Taxes

$908

Year Built

Built in 1989

Lot Details

0

Rental Info

  • Tenant Pays: Electricity
  • Available Date: 2025-07-10
  • Pets Allowed: No

Listing Details

  • Directions: West on South Kanner Highway. Second right after Indian Street. Gated community.
  • Entry Level: 2
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Prop. Type: Residential Lease
  • Building Stories: 1
  • Subdivision Name: South River Village 04 Condo
  • Year Built: 1989
  • Year Built Details: Resale
  • Attribution Contact: 772-486-1036
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Cooktop, Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Furnished: Furnished
  • Interior Amenities: Built-in Features
  • Living Area: 1188.0
  • Stories: 1

Exterior Features

  • Exterior Features: Storm/Security Shutters
  • Other Structures: Workshop
  • Pool Features: Community
  • Property Condition: Resale
  • Waterfront: No

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Gated Community

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Barbecue, Boat Facilities, Bocce Court, Bicycle Storage, Clubhouse, Fitness Center, Game Room, Gated, Library, Park, Pickleball, Property Manager On-Site, Pool, Shuffleboard, Storage Facilities, Tennis Court(s), Trails/Paths
  • Pets Allowed: No
  • Senior Community: Yes

Schools

  • Elementary School: Jd Parker
  • High School: Martin County
  • Middle Or Junior School: Dr. David L. Anderson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2015
Closed on
Nov 25, 2015
Sold by
Silvestri Nicholas J and Silvestri Carol
Bought by
Miller David E and Miller Nancy F
Seller's Agent
Alice Kent
The Keyes Company - Stuart
Buyer's Agent
Dutcher Teague Taylor
Berkshire Hathaway Florida Realty
List Price
$129,900
Sold Price
$121,500
Premium/Discount to List
-$8,400
-6.47%
Current Estimated Value
$265,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,900
Avg. Annual Appreciation
7.98%

Purchase Details

Closed on
Feb 22, 2007
Sold by
Sarcone Vincent and Silvestri Nicholas J
Bought by
Silvestri Nicholas J and Silvestri Carol

Purchase Details

Closed on
Mar 18, 2005
Sold by
Jensen Elenore Y and Jensen Marvin
Bought by
Sarcone Vincent and Silvestri Nicholas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,400
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage
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
Miller David E $121,500 Florida Title & Guarantee Ag
Silvestri Nicholas J -- None Available
Sarcone Vincent $153,000 Sunshine Title Of S Fl Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sarcone Vincent $122,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Rented $1,800 0.0% --
06/13/2025 06/13/25 Under Contract -- -- --
05/19/2025 05/19/25 For Rent $1,800 -18.2% --
01/07/2025 01/07/25 Rented $2,200 +15.8% --
12/09/2024 12/09/24 Under Contract -- -- --
11/18/2024 11/18/24 For Rent $1,900 0.0% --
11/24/2015 11/24/15 Sold $121,500 -6.5% $102 / Sq Ft
10/25/2015 10/25/15 Pending -- -- --
07/06/2015 07/06/15 For Sale $129,900 0.0% $109 / Sq Ft
01/07/2013 01/07/13 Rented -- -- --
12/08/2012 12/08/12 Under Contract -- -- --
07/03/2012 07/03/12 For Rent -- -- --
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 $908 $120,178 -- --
2024 $870 $116,792 -- --
2023 $870 $113,391 $0 $0
2022 $892 $110,089 $0 $0
2021 $877 $106,883 $0 $0
2020 $871 $105,408 $0 $0
2019 $1,106 $103,038 $0 $0
2018 $1,067 $101,117 $0 $0
2017 $989 $99,037 $0 $0
2016 $971 $97,000 $0 $97,000
2015 $1,067 $72,000 $0 $72,000
2014 $1,067 $65,000 $0 $65,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20050681

Martin County REALTORS® of the Treasure Coast

APN: 41-38-41-004-480-02010-2