NOT LISTED FOR SALE

5375 SE Reef Way Stuart, FL 34997

Estimated Value: $697,000 - $768,000

4 Beds
3 Baths
2,039 Sq Ft
$358/Sq Ft Est. Value

Last Sold April 03, 2023

Last sale price $650,000 $319 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,704/month

216 Days on Market

Highlights

  • Gated Community
  • Florida Architecture
  • Fenced Yard
  • South Fork High School Rated A-
  • Formal Dining Room
  • 2 Car Attached Garage

About This Home

As of April 2023

Great 4-bedroom, 3-bathroom CBS home in the Reef located inside of Rocky Point. This is a very secluded house with an abundance of tree's a foliage that gives the home a very private feel. Walking distance to both parks and the water way! The split plan will have a new kitchen, appliances, flooring, newer roof, woodwork, and fully painted. Gated community with so many options to list.

Last Listed By

Jason Flannery

Illustrated Properties LLC License #3053611 Listed on: 08/16/2022

Illustrated Properties LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,970

Year Built

  • Built in 1996

Lot Details

  • 0.38 Acre Lot
  • Fenced Yard
  • Fenced

HOA Fees

  • $87 Monthly HOA Fees

Home Design

  • Florida Architecture
  • Aluminum Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,039 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • French Doors
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Dual Sinks
  • Bathtub
  • Separate Shower

Parking

  • 2 Car Attached Garage
  • Driveway

Schools

  • Port Salerno Elementary School
  • Murray Middle School
  • South Fork High School

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,970

Year Built

Built in 1996

Lot Details

0

HOA Fees

$87 per month

Listing Details

  • Architectural Style: Florida
  • Directions: Right onto Horseshoe Point Road, Left onto Kubin Ave, Right onto Reef Way,
  • Garage Yn: Yes
  • Lot Size Acres: 0.384
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 1
  • Subdivision Name: Reef & Rep
  • Year Built: 1996
  • Ownership: Fee Simple
  • Attribution Contact: 772-288-1111
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Furnished: Unfurnished
  • Interior Amenities: Bathtub, Separate/Formal Dining Room, Dual Sinks, Eat-in Kitchen, French Door(s)/Atrium Door(s), Pantry, Separate Shower
  • Living Area: 2039.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Block, Concrete
  • Direction Faces: Southeast
  • Exterior Features: Fence, Patio
  • Fencing: Yard Fenced
  • Patio And Porch Features: Open, Patio
  • Pool Private: No
  • Roof: Aluminum
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fenced
  • Sewer: Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 87.0
  • Association: Yes
  • Community Features: Gated
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Port Salerno
  • High School: South Fork
  • Middle Or Junior School: Murray

Lot Info

  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3970.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2022
Closed on
Apr 3, 2023
Sold by
Davenport Alexandra
Bought by
Ekstrom Eric
Seller's Agent
Jason Flannery
Illustrated Properties LLC
List Price
$800,000
Sold Price
$650,000
Premium/Discount to List
-$150,000
-18.75%
Total Days on Market
216
Views
243
Current Estimated Value
$730,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,008
Avg. Annual Appreciation
5.39%

Purchase Details

Closed on
Mar 23, 2022
Sold by
Davenport Dale W
Bought by
Davenport Alexandra

Purchase Details

Closed on
Oct 24, 1995
Sold by
Seafield Land Corp
Bought by
Davenport Dale W and Davenport Alexandra

Purchase Details

Closed on
May 2, 1995
Sold by
Soukup Design Homes Inc
Bought by
Davenport Dale W and Davenport Alexandra A

Purchase Details

Closed on
Jan 1, 1901
Bought by
Davenport Dale W and Davenport Alexandra A
Source: Public Records

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Range of Values:

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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
Ekstrom Eric $650,000 None Listed On Document
Davenport Alexandra $100 None Listed On Document
Davenport Dale W $38,000 --
Davenport Dale W $880,000 --
Davenport Dale W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davenport Dale W $50,000
Previous Owner Davenport Dale W $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2023 04/03/23 Sold $650,000 -3.7% $319 / Sq Ft
03/20/2023 03/20/23 Pending -- -- --
03/06/2023 03/06/23 Price Changed $675,000 -3.6% $331 / Sq Ft
01/20/2023 01/20/23 Price Changed $700,000 -6.7% $343 / Sq Ft
12/01/2022 12/01/22 Price Changed $750,000 -3.2% $368 / Sq Ft
09/30/2022 09/30/22 Price Changed $775,000 -3.1% $380 / Sq Ft
08/16/2022 08/16/22 For Sale $800,000 -- $392 / Sq Ft
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
2024 $6,458 $443,269 -- --
2023 $6,458 $403,139 $0 $0
2022 $3,969 $255,193 $0 $0
2021 $3,970 $247,761 $0 $0
2020 $3,867 $244,341 $0 $0
2019 $3,804 $238,847 $0 $0
2018 $3,709 $234,393 $0 $0
2017 $3,184 $229,572 $0 $0
2016 $3,448 $224,850 $0 $0
2015 $3,246 $223,287 $0 $0
2014 $3,246 $219,799 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jason Flannery

    Seller's Agent in 2023

    Jason Flannery

    Illustrated Properties LLC

    (561) 762-3272

    59 in this area

    276 Total Sales

    Jason Flannery
    Section Image
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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20035778

Martin County REALTORS® of the Treasure Coast

APN: 48-38-41-270-000-00040-8

Florida Martin County Stuart 34997

5375 SE Reef Way, Stuart, FL

This home is located at 5375 SE Reef Way, Stuart, FL 34997 since 16 August 2022 and is currently estimated at $730,008, approximately $358 per square foot. This property was built in 1996. 5375 SE Reef Way is a home located in Martin County with nearby schools including Port Salerno Elementary School, Murray Middle School, and South Fork High School.

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.

Martin County REALTORS® of the Treasure Coast The data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Realtor® Association of Martin County, Inc. MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the IDX logo or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed.

Copyright 2025 Realtor® Association of Martin County, Inc. MLS. All rights reserved.

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