$250,000
SOLD APR 8, 2025

5061 N Jimmy Buffet Memorial Hwy Unit 505 Hutchinson Island, FL 34949

Hutchinson Island North Neighborhood
2 Beds
2 Baths
1,251 Sq Ft
$854/mo HOA Fee

Recently Sold

$200 Per Sq Ft

37% Below List Price

77 Days on Market

Highlights

  • Ocean Front
  • Fishing
  • Sauna
  • Deeded Boat Dock
  • Clubhouse
  • Furnished

About This Home

As of April 2025

Step into a world of awe-inspiring ocean views and unparalleled luxury in this stunning 2-bedroom, 2-bath condominium, perfectly situated in the coveted Bryn Mawr Ocean Towers on North Hutchinson Island. Every corner of this exceptional residence captures the beauty and tranquility of coastal living, offering a front-row seat to the breathtaking majesty of the Atlantic Ocean. Bryn Mawr Ocean Towers, renowned for its exclusive river-to-ocean access, promises a lifestyle of ultimate relaxation and adventure. Start your mornings on your own private stretch of sandy beach, or launch a kayak from the river to explore the serene waterways. This rare dual-access feature sets this community apart as one of the most sought-after enclaves in the area.

Last Agent to Sell the Property

Ronald Suarez

Dale Sorensen Real Estate Inc. License #3447883 Listed on: 01/04/2025

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

Ronald Suarez

Dale Sorensen Real Estate Inc. License #3447883 Listed on: 01/04/2025

Dale Sorensen Real Estate Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,872

Year Built

  • Built in 1984

HOA Fees

  • $854 Monthly HOA Fees

Property Views

  • Direct Ocean
  • Intracoastal

Home Design

  • Entry on the 5th floor
  • Stucco Exterior

Interior Spaces

  • 1,251 Sq Ft Home
  • Wet Bar
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Storage Room
  • Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Parking Spaces
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Property has ocean access
  • Deeded Boat Dock
  • Balcony

Utilities

  • Humidity Control
  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Ocean Front
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 1414-601-0027-000-4

Community Details

Overview

  • 156 Units
  • Mid-Rise Condominium
  • Bryn Mawr Ocean Towers Condos
  • Bryn Mawr Ocean Towers, A Subdivision
  • The community has rules related to no trucks or trailers
  • Car Wash Area
  • 9-Story Property

Amenities

  • Community Barbecue Grill
  • Sauna
  • Clubhouse
  • Billiard Room
  • Community Library
  • Secure Lobby
  • Bike Room

Recreation

  • Tennis Courts
  • Heated Community Pool
  • Fishing
  • Putting Green

Pet Policy

  • Breed Restrictions

Security

  • Complete Accordion Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,872

Year Built

Built in 1984

Lot Details

0

HOA Fees

$854 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1984
  • Property Sub Type: Condominium
  • Directions: ROUTE 1 NORTH TO NORTH CAUSEWAY BRIDGE, LEFT ONTO A1A, HEAD NORTH FOR 5 MILES, BRYNN MAWR OCEAN TOWERS ON LEFT
  • Entry Level: 5
  • Garage Yn: No
  • Horses: No
  • Inclusions: Deeded Beach Access,Deeded Dock,Unrestricted Salt Water Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: BRYN MAWR OCEAN TOWERS, A
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Bar, Built-in Features, Pantry, Stacked Bedroom, Walk-In Closet(s), Wet Bar, Storage
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 1251
  • Possible Use: Secondary
  • Stories: 9
  • Window Features: Complete Accordian Shutters, Hurricane Shutters, Blinds
  • Bedroom Features: Entry Level, Primary Bath Shower
  • Dining Room Features: Breakfast Area, Dining/Living Room
  • Living Room Features: Storage Room
  • Master Bathroom Features: Dual Sinks, Shower Only

Exterior Features

  • View: Intracoastal View, Ocean View, Direct Ocean
  • Exterior Features: East Of Us1, Exterior Cat Walk, Open Balcony
  • Construction Type: Stucco
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: BRYN MAWR OCEAN TOWERS
  • Parking Features: 2 Or More Spaces, Assigned, Guest, No Trucks/Trailers

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Humidity Control
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Smoke Detector, Lobby Secured, Other

Condo/Co-op/Association

  • Association Fee: 854
  • Amenities: Barbecue, Bike Storage, Billiard Room, Clubhouse-Clubroom, Fishing Pier, Heated Pool, Library, Pool, Putting Green, Sauna, Shuffleboard, Tennis Court(s), Vehicle Wash Area
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 1414-601-0027-000-4
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 156
  • Number Of Units Total: 52

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5872

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2025
Closed on
Apr 7, 2025
Sold by
Murray Joseph James and Joseph James Murray Revocable Trust
Bought by
Brement Patricia A
Seller's Agent
Ronald Suarez
Dale Sorensen Real Estate Inc.
Buyer's Agent
Ronald Suarez
Dale Sorensen Real Estate Inc.
List Price
$394,900
Sold Price
$250,000
Premium/Discount to List
-$144,900
-36.69%
Views
12
Current Estimated Value
$294,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,347
Avg. Annual Appreciation
126.69%

Purchase Details

Closed on
Dec 24, 2018
Sold by
Murray J James and Murray Joseph James
Bought by
Declaratio Murray Joseph James and Joseph James Murray Declaration Of Trust

Purchase Details

Closed on
Jun 14, 2004
Sold by
Sherman William J and Sherman Linda L
Bought by
Murray J James and Murray Jean S

Purchase Details

Closed on
Jul 8, 1998
Sold by
Nolen Stanley G and Nolen Helen E
Bought by
Sherman William J and Sherman Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,800
Interest Rate
7.04%
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 Type Sale Price Title Company
Warranty Deed $250,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Warranty Deed $300,000 Commercial Title Svcs Inc
Warranty Deed $107,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $79,422 New Conventional
Previous Owner $47,800 Credit Line Revolving
Previous Owner $85,800 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2025 04/08/25 Sold $250,000 -29.6% $200 / Sq Ft
03/22/2025 03/22/25 Pending -- -- --
03/05/2025 03/05/25 Price Changed $354,900 -5.3% $284 / Sq Ft
02/22/2025 02/22/25 Price Changed $374,900 -5.1% $300 / Sq Ft
01/04/2025 01/04/25 For Sale $394,900 -- $316 / Sq Ft
Source: MIAMI REALTORS® MLS

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
2024 $5,450 $345,000 -- $345,000
2023 $5,450 $320,400 $0 $320,400
2022 $5,047 $299,000 $0 $299,000
2021 $4,397 $216,900 $0 $216,900
2020 $4,181 $203,700 $0 $203,700
2019 $4,425 $212,900 $0 $212,900
2018 $3,814 $202,900 $0 $202,900
2017 $3,431 $171,800 $0 $171,800
2016 $3,067 $152,800 $0 $152,800
2015 $3,140 $152,800 $0 $152,800
2014 $2,868 $142,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11718111

MIAMI REALTORS® MLS

APN: 14-14-601-0027-0004