$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

28% Below List Price

215 Days on Market

Highlights

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

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, private beach access, Tiki bar privileges, and a new full service marina with all-new docks coming in 2025.

Last Agent to Sell the Property

Janice Norman

Water Pointe Realty Group Brokerage Phone: 772-485-9505 License #3085852

Co-Listed By

Carolynn Strom

Water Pointe Realty Group Brokerage Phone: 772-485-9505 License #3503260

Last Buyer's Agent

Janice Norman

Water Pointe Realty Group Brokerage Phone: 772-485-9505 License #3085852

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,767

Year Built

  • Built in 1997

Lot Details

  • Waterfront
  • Property fronts a private road
  • End Unit
  • Northwest Facing Home

HOA Fees

  • $800 Monthly HOA Fees

Property Views

  • Ocean
  • River

Home Design

  • Metal Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

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

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Detached Carport Space
  • Guest Parking

Outdoor Features

  • River Access
  • Balcony
  • Covered patio or porch
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, ground maintenance, recreation facilities, trash, water
  • 28 Units
  • Club Membership Available
  • Association Phone (772) 334-8900

Amenities

  • Trash Chute
  • Clubhouse
  • Community Storage Space
  • Elevator

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Limit on the number of pets

Security

  • Gated Community
  • Hurricane or Storm Shutters
  • Impact Glass

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

  • Architectural Style: Multi-Level
  • Carport Y N: Yes
  • Co List Office Mls Id: 279000583
  • Co List Office Phone: 772-220-4343
  • Directions: Take SE Ocean Blvd to NE MacArthur Blvd. Turn Right onto NE Plantation Rd. Turn Left onto NE Island Cove Way.
  • Entry Level: 4
  • Lot Size Acres: 9.9759
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Building Stories: 4
  • Subdivision Name: Bayview Irp Condo
  • Year Built: 1997
  • Year Built Details: Resale
  • Ownership: Fee Simple
  • Attribution Contact: 772-485-9505
  • Special Features: VirtualTour
  • Stories: 4

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Flooring: Tile
  • Furnished: Furnished
  • Interior Amenities: Entrance Foyer, Elevator, Living/Dining Room, Split Bedrooms, Walk-In Closet(s)
  • Living Area: 1605.0
  • Stories: 4
  • Window Features: Impact Glass, Shutters
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Common Walls: End Unit
  • Construction Type: Block, Concrete
  • Direction Faces: Northwest
  • Disclosures: Deed Restriction
  • Exterior Features: Balcony, Outdoor Grill, Storm/Security Shutters
  • Patio And Porch Features: Balcony, Covered
  • Pool Features: Community
  • Pool Private: No
  • Property Condition: Resale
  • Roof: Metal
  • View: Ocean, River
  • View: Yes
  • Waterfront Features: River Access
  • Waterfront: Yes

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Parking Features: Detached Carport, Guest
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Gated Community
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Elevator(s)
  • Association Fee: 799.66
  • Phone: 772-334-8900
  • Association: Yes
  • Community Features: Club Membership Available, Clubhouse, Elevator, Fitness Center, Gated, Pool, Storage Facilities, Sidewalks, Tennis Court(s), Trash Chute
  • Pets Allowed: Number Limit, Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Grounds, Recreation Facilities, Trash, Water

Lot Info

  • Zoning Description: PUD
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 28

Tax Info

  • Tax Annual Amount: 11767.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2022
Sold by
Sullivan Linda C
Bought by
Linda C Sullivan Trust
Total Days on Market
215

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

Map

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 Type Sale Price Title Company
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
03/27/2025 03/27/25 Pending -- -- --
03/13/2025 03/13/25 Price Changed $1,199,000 -4.1% $747 / Sq Ft
02/10/2025 02/10/25 Price Changed $1,250,000 -3.8% $779 / Sq Ft
12/07/2024 12/07/24 Price Changed $1,299,000 -3.8% $809 / Sq Ft
08/24/2024 08/24/24 For Sale $1,350,000 -- $841 / Sq Ft
Source: Martin County REALTORS® of the Treasure Coast

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 $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

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20046417

Martin County REALTORS® of the Treasure Coast

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