$975,000
SOLD APR 30, 2025

5799 NE Island Cove Way Unit 1407 Stuart, FL 34996

South Hutchinson Island Neighborhood
3 Beds
2.5 Baths
1,605 Sq Ft
$800/mo HOA Fee

Recently Sold

$607 Per Sq Ft

22% Below List Price

44 Days on Market

Highlights

  • Ocean View
  • Beach
  • River Front
  • Jensen Beach High School Rated A
  • Fitness Center
  • Gated Community

About This Home

As of April 2025

Experience coastal luxury in this fully furnished 3-bedroom penthouse with breathtaking Atlantic Ocean and Indian River Lagoon views. Located in IRP's only gated community, this corner unit offers panoramic views, a sleek updated kitchen with high-end appliances, fresh paint in the main living areas, custom wood cabinetry, volume ceilings, and stylishly renovated bathrooms. Enclosed balconies with impact sliders and electric blinds add extra space to enjoy the scenery. Optional Ocean Club offers golf, racket sports, pr

Last Agent to Sell the Property

Janice Norman

Water Pointe Realty Group License #3085852 Listed on: 02/18/2025

Co-Listed By

Carolynn Strom

Water Pointe Realty Group License #3503260

Last Buyer's Agent

Carolynn Strom

Water Pointe Realty Group License #3503260

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,767

Year Built

  • Built in 1997

Lot Details

  • River Front

HOA Fees

  • $800 Monthly HOA Fees

Property Views

  • Ocean
  • River

Home Design

  • Entry on the 4th floor
  • Metal Roof

Interior Spaces

  • 1,605 Sq Ft Home
  • 4-Story Property
  • Furnished
  • High Ceiling
  • Entrance Foyer
  • Combination Dining and Living Room
  • Tile Flooring
  • Security Gate

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • Covered Parking
  • Guest Parking

Utilities

  • Central Heating and Cooling System
  • Co-Op Membership Included
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 313742005001140700

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, ground maintenance, parking, pool(s), recreation facilities, reserve fund, roof, trash, water
  • 128 Units
  • High-Rise Condominium
  • Bayview Irp Condo Subdivision

Amenities

  • Clubhouse
  • Community Storage Space
  • Elevator

Recreation

  • Beach
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,767

Year Built

Built in 1997

Lot Details

0

HOA Fees

$800 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 1997
  • Architectural Style: High Rise
  • Entry Level: 4
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Entrance Foyer, Elevator, High Ceilings, Living/Dining Room, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Tile
  • Living Area: 1605.0
  • Dining Room Type: Laundry, Storage Room
  • Stories: 4

Exterior Features

  • View: Ocean, River
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Garage Yn: No
  • Parking Features: Covered, Guest

Utilities

  • Security: Security Gate
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 800.0
  • Community Features: Beach, Club Membership Available, Clubhouse, Gated, Pool, Sidewalks
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Pool, Storage, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Grounds, Parking, Pool(s), Recreation Facilities, Reserve Fund, Roof, Trash, Water

Lot Info

  • Parcel #: 313742005001140700
  • Lot Size: East of US-1,Private Roa
  • Zoning Description: PUD

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 11767.0

Multi Family

  • Number Of Units In Community: 128

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2025
Closed on
Apr 30, 2025
Sold by
Linda C Sullivan Trust and Sullivan Linda C
Bought by
Kevin M Tierney Sr Living Trust and Deborah Tierney Living Trust
Seller's Agent
Janice Norman
Water Pointe Realty Group
Buyer's Agent
Carolynn Strom
Water Pointe Realty Group
List Price
$1,250,000
Sold Price
$975,000
Premium/Discount to List
-$275,000
-22%
Views
31
Current Estimated Value
$972,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,037
Avg. Annual Appreciation
-3.88%

Purchase Details

Closed on
Apr 19, 2022
Sold by
Sullivan Linda C
Bought by
Linda C Sullivan Trust

Purchase Details

Closed on
Jun 24, 2011
Sold by
Petry Robert C and Petry Sharon L
Bought by
Sullivan Daniel L and Sullivan Linda C

Purchase Details

Closed on
Jun 3, 2005
Sold by
Paul Stephen H and Paul Deborah Dorman
Bought by
Petry Robert C and Petry Sharon L

Purchase Details

Closed on
Apr 28, 1997
Sold by
Radnor/Plantation Co
Bought by
Sullivan Daniel L and Sullivan Linda C
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 Type Sale Price Title Company
Warranty Deed $975,000 None Listed On Document
Warranty Deed $975,000 None Listed On Document
Special Warranty Deed -- Law Offices Of John Mangan Pa
Warranty Deed $650,000 Sun Title Agency Llc
Warranty Deed $745,000 --
Deed $290,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2025 04/30/25 Sold $975,000 -18.7% $607 / Sq Ft
04/03/2025 04/03/25 Pending -- -- --
03/13/2025 03/13/25 Price Changed $1,199,000 -4.1% $747 / Sq Ft
02/18/2025 02/18/25 For Sale $1,250,000 -- $779 / Sq Ft
Source: BeachesMLS

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 $12,567 $732,050 -- --
2024 $11,767 $665,500 -- --
2023 $11,767 $605,000 $0 $0
2022 $9,939 $550,000 $0 $0
2021 $8,784 $500,000 $0 $500,000
2020 $8,806 $498,000 $0 $0
2019 $8,918 $498,000 $0 $0
2018 $8,871 $498,000 $0 $0
2017 $8,328 $498,000 $0 $0
2016 $7,491 $434,000 $0 $434,000
2015 $6,621 $434,000 $0 $434,000
2014 $6,621 $416,000 $0 $416,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    Janice Norman

    Water Pointe Realty Group

    (772) 485-9505

    5 in this area

    118 Total Sales

    Janice Norman
    Section Image
  • Carolynn Strom

    Seller Co-Listing Agent in 2025

    Carolynn Strom

    Water Pointe Realty Group

    (772) 418-1103

    2 in this area

    52 Total Sales

    Carolynn Strom
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R11063633

BeachesMLS

APN: 31-37-42-005-001-14070-0

Florida Martin County Stuart 34996 South Hutchinson Island

5799 NE Island Cove Way Unit 1407, Stuart, FL

This home is located at 5799 NE Island Cove Way Unit 1407, Stuart, FL 34996 and is currently priced at $975,000, approximately $607 per square foot. This property was built in 1997. 5799 NE Island Cove Way Unit 1407 is a home located in Martin County with nearby schools including Felix A. Williams Elementary School, Stuart Middle School, and Jensen Beach 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.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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