NOT LISTED FOR SALE

516 SE Alamanda Way Stuart, FL 34996

Downtown Stuart Neighborhood

Estimated Value: $335,624 - $517,000

2 Beds
1 Bath
735 Sq Ft
$545/Sq Ft Est. Value

Last Sold October 24, 2024

Last sale price $470,000 $639 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $2,474/month

20 Days on Market

Highlights

  • 0.61 Acre Lot
  • Wood Flooring
  • Central Heating and Cooling System
  • Jensen Beach High School Rated A
  • No HOA
  • Ceiling Fan

About This Home

As of October 2024

Adorable cottage nestled in a prime location just minutes from Historic Downtown Stuart and a short drive to the beautiful Stuart beaches. This charming home sits on a large 0.60-acre property, offering the opportunity to renovate and expand or the potential to subdivide into multiple buildable lots. With no HOA restrictions, you can bring all your toys and make this property your own! Enjoy the convenience of nearby shopping, dining, entertainment, and the waterfront, along with easy access to the hospital. Explore the nearby Audubon of Martin County and Possum Long Nature Center with trails, offering endless opportunities for outdoor recreation and enjoyment. Don't miss this rare opportunity to own a piece of paradise in Stuart!

Last Agent to Sell the Property

Shannon Andersen

Keller Williams Realty Of The Treasure Coast License #3290590 Listed on: 09/13/2024

Keller Williams Realty Of The Treasure Coast

Last Buyer's Agent

Shannon Andersen

Keller Williams Realty Of The Treasure Coast License #3290590 Listed on: 09/13/2024

Keller Williams Realty Of The Treasure Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,000

Year Built

  • Built in 1949

Lot Details

  • 0.61 Acre Lot
  • Lot Dimensions are 178' x 149'
  • East Facing Home
  • Paved or Partially Paved Lot

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 735 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Electric Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • St Lucie Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 033841010007000305

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,000

Year Built

Built in 1949

Lot Details

0.61 Acres

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: SE Ocean Blvd. heading east. Right on Alamanda Way, home on right.
  • Year Built: 1949
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Main Level Primary
  • Main Level Bedrooms: 2
  • Furnished: Unfurnished
  • Appliances: Electric Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Entry Level Living Area Y
  • Flooring: Wood
  • Living Area: 735.0
  • Stories: 1

Exterior Features

  • Exterior Features: Outdoor Living Area
  • Pool Private: No
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Frame
  • Direction Faces: East
  • Other Structures: Outbuilding
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: None
  • Association: No

Lot Info

  • Parcel #: 033841010007000305
  • Lot Size Acres: 0.61
  • Lot Size: 178' x 149'
  • Lot Size Sq Ft: 26571.6
  • Mobile Dim Units: Feet
  • Zoning: R-1

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2025
Sold by
Alamanda Partners Llc and Alamanda Specialty Llc
Bought by
Alamanda Specialty Llc
Current Estimated Value
$400,656

Purchase Details

Listed on
Sep 13, 2024
Closed on
Oct 24, 2024
Sold by
Pennel Darick and Pennell Mary Virginia
Bought by
Alamanda Partners Llc
Seller's Agent
Shannon Andersen
Keller Williams Realty Of The Treasure Coast
Buyer's Agent
Shannon Andersen
Keller Williams Realty Of The Treasure Coast
List Price
$518,000
Sold Price
$470,000
Premium/Discount to List
-$48,000
-9.27%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.78%

Purchase Details

Closed on
Aug 7, 2021
Sold by
Ballard Lesley L
Bought by
Pennel Darick and Pennel Mary Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2017
Sold by
Pennel Darick
Bought by
Pennel Darick and Ballard Lesley L

Purchase Details

Closed on
Jan 23, 2015
Sold by
Fishman Lisa
Bought by
Pennell Mary Virginia

Purchase Details

Closed on
Dec 9, 2014
Sold by
Deno Michael C
Bought by
Fishman Lisa

Purchase Details

Closed on
Jun 10, 2003
Sold by
Orman Hazel
Bought by
Deno Michael C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Alamanda Specialty Llc $235,000 None Listed On Document
Alamanda Partners Llc $470,000 None Listed On Document
Pennel Darick -- Sunshine Title Of Keys Inc
Pennel Darick -- Sunshine Title Of The Keys I
Pennell Mary Virginia $92,500 Sunshine Title Of Keys Inc
Fishman Lisa $55,000 South Florida Title Insurers
Deno Michael C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pennel Darick $159,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2024 10/24/24 Sold $470,000 -9.3% $639 / Sq Ft
10/02/2024 10/02/24 Pending -- -- --
09/12/2024 09/12/24 For Sale $518,000 -- $705 / 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 $4,000 $273,760 $170,000 $103,760
2024 $4,000 $266,676 -- --
2023 $4,000 $258,909 $0 $0
2022 $3,864 $251,368 $0 $0
2021 $3,857 $244,047 $0 $0
2020 $3,819 $240,678 $0 $0
2019 $3,750 $235,267 $0 $0
2018 $3,651 $230,880 $205,000 $25,880
2017 $4,226 $229,630 $210,000 $19,630
2016 $4,036 $210,190 $190,000 $20,190
2015 -- $175,880 $158,000 $17,880
2014 -- $140,010 $122,000 $18,010
Source: Public Records

Agents Affiliated with this Home

  • Shannon Andersen

    Seller's Agent in 2024

    Shannon Andersen

    Keller Williams Realty Of The Treasure Coast

    (772) 200-7683

    45 in this area

    461 Total Sales

    Shannon Andersen
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R11020532

BeachesMLS (Greater Fort Lauderdale)

APN: 03-38-41-010-007-00030-5

Florida Martin County Stuart 34996 Downtown Stuart

516 SE Alamanda Way, Stuart, FL

Not Listed for Sale

Detached

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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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