NOT LISTED FOR SALE

517 SW North River Point Dr Stuart, FL 34994

Downtown Stuart Neighborhood

Estimated Value: $1,290,908 - $1,466,000

0.62 Acre
$2,223,313 Price per Acre
27,007 Sq Ft Lot

Last Sold August 27, 2024

Last sale price $1,400,000

Est. 2% decrease in value since last sale

Current estimated payment $9,027/month

23 Days on Market

Highlights

  • Property has ocean access
  • River View
  • 0.62 Acre Lot
  • Jensen Beach High School Rated A
  • Waterfront
  • No HOA

About This Lot

As of August 2024

This exceptional deep waterfront property spans over half an acre of developed land, featuring more than 140 feet of waterfront and over 100 feet of street frontage. It offers a unique chance to build your dream home close to downtown, with the added luxury of a quick boat ride to the inlet and sandbar. Located within Stuart's city limits, this lot takes full advantage of its prime setting, ensuring privacy and stunning wide water views. The possibilities are endless, and the land's elevated position is perfect for maximizing those views, perhaps with an infinity pool that will be the centerpiece of admiration. Don't forget the Brightline and the convenience of travel, which will surely contribute to equity growth for future investment.

Last Agent to Sell the Property

Jason Flannery

Illustrated Properties LLC Brokerage Phone: 772-463-4663 License #3053611 Listed on: 07/25/2024

Illustrated Properties LLC

Last Buyer's Agent

Jason Flannery

Illustrated Properties LLC Brokerage Phone: 772-463-4663 License #3053611 Listed on: 07/25/2024

Illustrated Properties LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $23,537

Lot Details

  • 0.62 Acre Lot
  • Lot Dimensions are 100x224x140x229
  • Waterfront
  • Northeast Facing Home

Property Views

  • River Views

Utilities

  • Three-Phase Power
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 10

Community Details

Overview

  • No Home Owners Association

Recreation

  • Property has ocean access
  • Access To Intracoastal Waterway

Property Details

Property Type

Land

Est. Annual Taxes

$23,537

Lot Details

0

Listing Details

  • Lot Size Acres: 0.62
  • Lot Size: 100x224x140x229
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Land
  • Subdivision Name: River Point
  • Ownership: Fee Simple
  • Attribution Contact: 772-463-4663
  • Special Features: None

Exterior Features

  • Direction Faces: Northeast
  • Topography: Filled
  • View: River
  • View: Yes
  • Waterfront Features: Intracoastal Access, Ocean Access
  • Waterfront: Yes

Utilities

  • Electric: 3 Phase
  • Utilities: Cable Available, Electricity Available, Electricity Connected

Condo/Co-op/Association

  • Association: No
  • Community Features: Non-Gated

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Sq Ft: 26966.0
  • Zoning Description: residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 23537.0
  • Tax Lot: 10
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2024
Closed on
Aug 23, 2024
Sold by
Iacovone Domenic
Bought by
Kickin Tires Properties Llc
Seller's Agent
Jason Flannery
Illustrated Properties LLC
Buyer's Agent
Jason Flannery
Illustrated Properties LLC
List Price
$1,400,000
Sold Price
$1,400,000
Views
3
Current Estimated Value
$1,378,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,546
Avg. Annual Appreciation
-1.43%
Original Mortgage
$1,050,000
Outstanding Balance
$542,715
Interest Rate
6.77%
Mortgage Type
Seller Take Back
Estimated Equity
$835,739

Purchase Details

Listed on
Jul 25, 2024
Closed on
Jul 19, 2024
Sold by
Iacovone Domenic
Bought by
Griffin Warren Jackson and Griffin Nicole Clay
Seller's Agent
Jason Flannery
Illustrated Properties LLC
Buyer's Agent
Jason Flannery
Illustrated Properties LLC
List Price
$1,400,000
Sold Price
$1,400,000
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Outstanding Balance
$542,715
Interest Rate
6.77%
Mortgage Type
Seller Take Back
Estimated Equity
$835,739

Purchase Details

Closed on
Dec 23, 2022
Sold by
Kumar Amitabh and Kumar Sheetal
Bought by
Iacovone Domenic

Purchase Details

Closed on
Jun 29, 2005
Sold by
Geiger Dwight L and Geiger Eileen G
Bought by
Kumar Amitabh and Kumar She

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 2, 1993
Bought by
Kumar Amitabh and Kumar Sheetal

Purchase Details

Closed on
Mar 12, 1992
Bought by
Kumar Amitabh and Kumar Sheetal
Source: Public Records

Range of Values:

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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
Kickin Tires Properties Llc $1,400,000 None Listed On Document
Griffin Warren Jackson $1,100,000 None Listed On Document
Griffin Warren Jackson $1,100,000 None Listed On Document
Iacovone Domenic $2,650,000 --
Iacovone Domenic $2,650,000 None Listed On Document
Kumar Amitabh $2,310,000 Universal Land Title Inc
Kumar Amitabh $100 --
Kumar Amitabh $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kickin Tires Properties Llc $1,050,000
Previous Owner Kumar Amitabh $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2024 08/27/24 Sold $1,400,000 0.0% --
08/18/2024 08/18/24 Pending -- -- --
07/25/2024 07/25/24 For Sale $1,400,000 -- --
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 $20,632 $1,344,000 $1,344,000 --
2024 $47,074 $1,127,000 $1,127,000 --
2023 $47,074 $2,553,870 $2,553,870 $567,270
2022 $38,613 $1,899,227 $0 $0
2021 $32,997 $1,726,570 $1,161,000 $565,570
2020 $30,648 $1,592,880 $1,054,580 $538,300
2019 $24,217 $1,286,652 $0 $0
2018 $23,614 $1,262,661 $0 $0
2017 $22,001 $1,236,692 $0 $0
2016 $22,059 $1,211,256 $0 $0
2015 -- $1,202,836 $0 $0
2014 -- $1,193,290 $816,000 $377,290
Source: Public Records

Agents Affiliated with this Home

  • Jason Flannery

    Seller's Agent in 2024

    Jason Flannery

    Illustrated Properties LLC

    (561) 762-3272

    18 in this area

    258 Total Sales

    Jason Flannery
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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20045986

Martin County REALTORS® of the Treasure Coast

APN: 08-38-41-012-001-00100-0

Florida Martin County Stuart 34994 Downtown Stuart

517 SW North River Point Dr, Stuart, FL

This home is located at 517 SW North River Point Dr, Stuart, FL 34994 since 25 July 2024 and is currently estimated at $1,378,454. 517 SW North River Point Dr is a home located in Martin County with nearby schools including J. D. Parker School Of Technology, Stuart Middle School, and Jensen Beach High School.

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Listing broker has attempted to offer accurate data, but buyers are advised to confirm all information.

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