NOT LISTED FOR SALE

518 SW North River Point Dr Stuart, FL 34994

North River Shores Neighborhood

Estimated Value: $1,150,000 - $1,248,621

6 Beds
6.5 Baths
5,860 Sq Ft
$205/Sq Ft Est. Value

Sale Details

Date Sold: December 23, 2022

Last sale price $2,650,000 $452 Per Sq Ft

Current estimated payment $8,122 / mo

325 Days on Market

Highlights

  • Property has ocean access
  • Home fronts navigable water
  • Sitting Area In Primary Bedroom
  • Felix A. Williams Elementary School Rated A-
  • Concrete Pool
  • River View

About This Home

As of December 2022

Discover the timeless elegance of this Victorian Masterpiece! This Majestic 1 acre+ waterfront property offers over 260 feet of wide water frontage with commanding views of the St. Lucie River, PLUS+ the opportunity exists to divide the property into 2 direct wide waterfront parcels!! The lush beautiful & naturally landscaped gardens, private pool area with ''Grotto'', wrap-around porch/deck + a Canopy of Trees are perfect places to relax or entertain with family & friends. The Large 3+ Car detached garage also has an attached Guest Cottage with kitchenette/bedroom/bathroom & private viewing deck to the river. Nostalgia & a Bygone era best describes the Interior Architectural features of this special home.Owner will consider Seller Financing with 50% down, 6% APR with a 5 Year Term

Last Agent to Sell the Property

Patrick Stracuzzi

RE/MAX Select Group License #3048544 Listed on: 12/11/2021

RE/MAX Select Group

Last Buyer's Agent

Jason Flannery

Illustrated Properties LLC License #3053611

Illustrated Properties LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,997

Year Built

  • Built in 1925

Lot Details

  • 1.15 Acre Lot
  • Home fronts navigable water
  • River Front
  • South Facing Home
  • Property is zoned R-1A

Parking

  • 3 Car Detached Garage

Home Design

  • Florida Architecture
  • Victorian Architecture
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 5,860 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Decorative Fireplace
  • Open Floorplan
  • Formal Dining Room
  • Sun or Florida Room
  • Wood Flooring
  • River Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 6 Bedrooms | 1 Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Stacked Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Balcony
  • Deck
  • Open Patio
  • Outdoor Living Area
  • Wrap Around Porch

Schools

  • J.D. Parker Elementary School
  • Stuart Middle School
  • Jensen Beach High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • River Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 083841012001001000

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,997

Year Built

Built in 1925

Lot Details

1.15 Acres

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: From US1 go South on SW Palm City Rd to right on SW River Point Dr. On the right.
  • Year Built: 1925
  • Architectural Style: Florida, Victorian
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Features, Breakfast Area, Closet Cabinetry, Cathedral Ceiling(s), Dining Area, Separate/Formal Dining Room, Dual Sinks, Eat-in Kitchen, Family/Dining Room, High Ceilings, Living/Dining Room, Main Level Primary, Pantry, Sitting Area in Primary, Split Bedrooms, Separate Shower, Stacked Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Main Level Bedrooms: 1
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Other, Wood
  • Living Area: 5860.0
  • Dining Room Type: Dining Room, Florida Room
  • Stories: 2
  • Window Features: Skylight(s)

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • View: River
  • Lot Features: 1-2 Acres
  • Pool Features: Concrete, In Ground
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Navigable Water, No Fixed Bridges, Ocean Access, River Front
  • Waterfront: Yes
  • Construction Type: Frame, Other, Wood Siding
  • Direction Faces: South
  • Patio And Porch Features: Deck, Open, Patio, Porch, Wrap Around, Balcony
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Detached, Garage

Utilities

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

Condo/Co-op/Association

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

Schools

  • Elementary School: J.D. Parker
  • High School: Jensen Beach
  • Middle Or Junior School: Stuart

Lot Info

  • Parcel #: 083841012001001000
  • Lot Size Acres: 1.15
  • Lot Size Sq Ft: 50094.0
  • Mobile Dim Units: Feet
  • Zoning: R-1A

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 32996.7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2024
Sold by
Iacovone Domenic
Bought by
Kickin Tires Properties Llc
Current Estimated Value
$1,199,311

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
$321,027
Interest Rate
6.77%
Mortgage Type
Seller Take Back
Estimated Equity
$878,284

Purchase Details

Closed on
Jul 19, 2024
Sold by
Iacovone Domenic
Bought by
Griffin Warren Jackson and Griffin Nicole Clay

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
$321,027
Interest Rate
6.77%
Mortgage Type
Seller Take Back
Estimated Equity
$878,284

Purchase Details

Listed on
Dec 11, 2021
Closed on
Dec 23, 2022
Sold by
Kumar Amitabh and Kumar Sheetal
Bought by
Iacovone Domenic
Seller's Agent
Patrick Stracuzzi
RE/MAX Select Group
Buyer's Agent
Jason Flannery
Illustrated Properties LLC
List Price
$3,088,888
Sold Price
$2,650,000
Premium/Discount to List
-$438,888
-14.21%
Views
121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-21.36%

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
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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 List to Sale Price per Sq Ft
12/23/2022 12/23/22 Sold $2,650,000 -14.2% $452 / Sq Ft
11/02/2022 11/02/22 Pending -- -- --
12/11/2021 12/11/21 For Sale $3,088,888 -- $527 / 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 $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

  • Patrick Stracuzzi

    Seller's Agent in 2022

    Patrick Stracuzzi

    RE/MAX

    (772) 486-7856

    62 in this area

    715 Total Sales

    Patrick Stracuzzi
    Section Image
  • Jason Flannery

    Buyer's Agent in 2022

    Jason Flannery

    Illustrated Properties LLC

    (561) 762-3272

    5 in this area

    267 Total Sales

    Jason Flannery
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10764120

BeachesMLS (Greater Fort Lauderdale)

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

Florida Martin County Stuart 34994 North River Shores

518 SW North River Point Dr, Stuart, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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