NOT LISTED FOR SALE

5663 SE Reef Way Stuart, FL 34997

Estimated Value: $1,531,000 - $3,369,535

1.28 Acres
$2,090,764 Price per Acre
55,757 Sq Ft Lot

Last Sold June 07, 2013

Last sale price $660,000

Est. 305% increase in value since last sale

Current estimated payment $16,266/month

92 Days on Market

Highlights

  • Boat Dock
  • Gated Community
  • 1.28 Acre Lot
  • Access To Intracoastal Waterway
  • River View
  • Tennis Courts

About This Lot

As of June 2013

WATERFRONT! 120' ON INTRACOASTAL WATERWAY OPPOSITE JUPITER ISLAND, IMMEDIATELY INSIDE THE ST. LUCIE INLET. 1.3 ACRE. STUNNING SUBDIVISION, GREAT ELEVATION, BEAUTIFUL OAK AND PALM TREES, DOCK, CUL DE SAC LOCATION. WHAT A PERFECT LOCATION TO HAVE A LONG WINDING DRIVE TO YOUR NEW WATERFRONT HOME. YOU CAN'T GET MUCH CLOSER TO INLET...& FISHING GROUNDS...WHICH ARE JUST "AROUND THE CORNER."

Last Agent to Sell the Property

Dean Baumgartner

Berkshire Hathaway Florida Realty Brokerage Phone: 772-283-2800 License #176640 Listed on: 02/05/2013

Berkshire Hathaway Florida Realty

Co-Listed By

Derik Baumgartner, PA, GRI, SFR

Berkshire Hathaway Florida Realty Brokerage Phone: 772-283-2800 License #3156049

Last Buyer's Agent

Michael Ponte

Engel & Volkers Stuart License #3229252

Engel & Volkers Stuart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,243

Lot Details

  • 1.28 Acre Lot
  • Cul-De-Sac
  • West Facing Home

Property Views

  • River Views

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 16

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common areas, recreation facilities

Recreation

  • Boat Dock
  • Tennis Courts
  • Access To Intracoastal Waterway
  • Deep Water Access
  • Mangrove Front
  • Canal Access

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$11,243

Lot Details

0

Listing Details

  • Co List Office Phone: 772-283-2800
  • Directions: STUART ROCKY PT TO HORSESHOE RD TO KUBIN TO THE REEF. GATED. STRAIGHT AHEAD, ROAD BENDS RT, LAST PROPERTY TO SE.
  • Lot Size Acres: 1.28
  • Lot Size: 120' WF
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Land
  • Subdivision Name: THE REEF
  • Ownership: Fee Simple
  • Attribution Contact: 772-283-2800
  • OriginatingSystemListAgentMemberKey: 51426144
  • ListAgentNationalAssociationId: 279060148
  • Special Features: None

Exterior Features

  • Direction Faces: West
  • Lot Features: Cul-De-Sac, None
  • View: Intercoastal, River
  • View: Yes
  • Waterfront Features: Bay Access, Canal Access, Deep Water, Intracoastal Access, Mangrove, Water Access
  • Waterfront: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Dock, Tennis Court(s), Gated

Fee Information

  • Association Fee Includes: Common Areas, Recreation Facilities

Lot Info

  • Development Status: Other
  • Zoning Description: PUD

Tax Info

  • Tax Annual Amount: 11243.0
  • Tax Lot: 16
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2014
Sold by
Michaels Pamela A
Bought by
Michaels Pamela A and Pamela A Michaels Revocable Trust
Current Estimated Value
$2,676,178

Purchase Details

Listed on
Feb 5, 2013
Closed on
Jun 7, 2013
Sold by
Reef Land Holdings Llc
Bought by
Michaels Pamela A
Seller's Agent
Dean Baumgartner
Berkshire Hathaway Florida Realty
Buyer's Agent
Michael Ponte
Engel & Volkers Stuart
List Price
$759,000
Sold Price
$660,000
Premium/Discount to List
-$99,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.80%

Purchase Details

Closed on
Aug 16, 2004
Sold by
Zorin Barbara
Bought by
Reef Land Holdings Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Michaels Pamela A -- Attorney
Michaels Pamela A $660,000 First American Title Ins Co
Reef Land Holdings Llc $900,000 Seacrest Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2013 06/07/13 Sold $660,000 -13.0% --
05/08/2013 05/08/13 Pending -- -- --
02/05/2013 02/05/13 For Sale $759,000 -- --
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 $26,420 $1,671,027 -- --
2024 $26,023 $1,623,933 -- --
2023 $26,023 $1,576,634 $0 $0
2022 $25,192 $1,530,713 $0 $0
2021 $25,398 $1,486,130 $0 $0
2020 $25,181 $1,465,612 $0 $0
2019 $24,813 $1,432,661 $0 $0
2018 $24,233 $1,406,648 $0 $0
2017 $22,493 $1,377,716 $0 $0
2016 $22,564 $1,349,380 $0 $0
2015 $9,594 $1,340,000 $700,000 $640,000
2014 $9,594 $566,910 $560,000 $6,910
Source: Public Records

Agents Affiliated with this Home

  • Dean Baumgartner

    Seller's Agent in 2013

    Dean Baumgartner

    Berkshire Hathaway Florida Realty

    (772) 708-3396

    11 in this area

    116 Total Sales

    Dean Baumgartner
    Section Image
  • Derik Baumgartner, PA, GRI, SFR

    Seller Co-Listing Agent in 2013

    Derik Baumgartner, PA, GRI, SFR

    Berkshire Hathaway Florida Realty

    (772) 285-9145

    15 in this area

    148 Total Sales

    Derik Baumgartner, PA, GRI, SFR
    Section Image
  • Michael Ponte

    Buyer's Agent in 2013

    Michael Ponte

    Engel & Volkers Stuart

    (772) 494-6999

    1 in this area

    34 Total Sales

    Michael Ponte
    Section Image
See All Agents

Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M368110

Martin County REALTORS® of the Treasure Coast

APN: 48-38-41-270-000-00160-2

Florida Martin County Stuart 34997

5663 SE Reef Way, Stuart, FL

Not Listed for Sale

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