NOT LISTED FOR SALE

5811 NE Gulfstream Way Unit 4001 Stuart, FL 34996

South Hutchinson Island Neighborhood

Estimated Value: $353,042 - $420,000

2 Beds
2 Baths
871 Sq Ft
$530/mo HOA Fee

Last Sold September 18, 2020

Last sale price $255,000 $293 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,014/month

Highlights

  • Marina
  • On Golf Course
  • End Unit
  • Jensen Beach High School Rated A
  • Main Floor Primary Bedroom
  • Furnished

About This Home

As of September 2020

Desirable 1st floor unit in a quiet tranquil setting. Impact glass and tile throughout along with being fully furnished as shown Wi-fi also included in maintenance Seasonal leases can be assigned to new owner for Jan. Feb & March 2021 for a net of $11,500. All other fees/expenses have been paid by tenants. However, if you would like this as your own home or private getaway the leases can be cancelled by 10/31/2020. Have it your way! Resort living at its best!

Last Agent to Sell the Property

Wendy Lattimer

Beach Front Mann Realty License #3221463 Listed on: 07/20/2020

Last Buyer's Agent

Wendy Lattimer

Beach Front Mann Realty License #3221463 Listed on: 07/20/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,653

Year Built

  • Built in 1979

Lot Details

  • On Golf Course
  • End Unit
  • Northwest Facing Home
  • Sprinkler System

HOA Fees

  • $530 Monthly HOA Fees

Home Design

  • Metal Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 871 Sq Ft Home
  • Furnished
  • Combination Dining and Living Room
  • Screened Porch
  • Ceramic Tile Flooring
  • Golf Course Views
  • Washer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Separate Shower

Home Security

Parking

  • 2 Covered Spaces
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include management, common areas, cable TV, electricity, insurance, laundry, ground maintenance, maintenance structure, parking, pest control, pool(s), reserve fund, road maintenance, sewer, trash, water
  • 8 Units
  • Association Phone (772) 222-0005

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Recreation

  • Marina
  • Tennis Courts
  • Trails

Pet Policy

  • Pets Allowed

Security

  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,653

Year Built

Built in 1979

Lot Details

0

HOA Fees

$530 per month

Listing Details

  • Directions: A1A to MacArthur Blvd, First left onto NE Plantation Rd, Left onto Gulfstream Way, First right into Tennis Villas, Building 5811 Unit 4001
  • Entry Level: 4001
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Tennis Villas Condo 03 Irp
  • Year Built: 1979
  • Ownership: Fee Simple
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Cooktop, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Furnished: Furnished
  • Interior Amenities: Master Downstairs, Living/Dining Room, Split Bedrooms, Separate Shower
  • Living Area: 871.0
  • Window Features: Impact Glass
  • ResoLivingAreaSource: Plans

Exterior Features

  • Common Walls: End Unit
  • Construction Type: Block, Concrete
  • Direction Faces: Northwest
  • Disclosures: None
  • Exterior Features: Sprinkler/Irrigation, Outdoor Grill, Patio, Tennis Court(s)
  • Lot Features: On Golf Course, Sprinklers Automatic
  • Patio And Porch Features: Covered, Patio, Porch, Screened
  • Pool Private: No
  • Roof: Metal
  • View: Golf Course
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Parking Features: Assigned, Guest
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Common Area, Washer Hookup
  • Sewer: Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 530.0
  • Phone: 772-222-0005
  • Association: Yes
  • Community Features: Barbecue, Laundry Facilities, Marina, Street Lights, Sidewalks, Tennis Court(s), Trails/Paths
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Electricity, Insurance, Laundry, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pool(s), Reserve Fund, Road Maintenance, Sewer, Trash, Water

Lot Info

  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 8

Tax Info

  • Tax Annual Amount: 3653.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2020
Closed on
Sep 18, 2020
Sold by
Downs Clyde W and Downs Erin S
Bought by
Kavovit David J and Kavovit Valerie B
Seller's Agent
Wendy Lattimer
Beach Front Mann Realty
Buyer's Agent
Wendy Lattimer
Beach Front Mann Realty
List Price
$265,000
Sold Price
$255,000
Premium/Discount to List
-$10,000
-3.77%
Current Estimated Value
$397,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,761
Avg. Annual Appreciation
9.11%
Original Mortgage
$204,000
Outstanding Balance
$181,037
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$216,725

Purchase Details

Listed on
Dec 16, 2013
Closed on
Apr 14, 2014
Sold by
Winkelmann Christine
Bought by
Downs Clyde W and Downs Erin S
Seller's Agent
Wendy Lattimer
Beach Front Mann Realty
Buyer's Agent
Jerome McWilliams
Water Pointe Realty Group
List Price
$229,000
Sold Price
$190,000
Premium/Discount to List
-$39,000
-17.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.68%
Original Mortgage
$152,000
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 1991
Bought by
Downs Clyde W and Downs Erin S

Purchase Details

Closed on
Jun 1, 1986
Bought by
Downs Clyde W and Downs Erin S
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 Buyer Sale Price Title Company
Kavovit David J $255,000 Attorney
Downs Clyde W $190,000 Ally Parker Brown Title Insu
Downs Clyde W $106,000 --
Downs Clyde W $118,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kavovit David J $204,000
Previous Owner Downs Clyde W $152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2020 09/18/20 Sold $255,000 -3.8% $293 / Sq Ft
08/19/2020 08/19/20 Pending -- -- --
07/20/2020 07/20/20 For Sale $265,000 +39.5% $304 / Sq Ft
04/15/2014 04/15/14 Sold $190,000 -17.0% $218 / Sq Ft View Prior Sale
03/16/2014 03/16/14 Pending -- -- --
12/16/2013 12/16/13 For Sale $229,000 -- $263 / 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
2025 $4,775 $273,060 -- $273,060
2024 $4,674 $287,430 $287,430 $287,430
2023 $4,674 $271,040 $0 $0
2022 $4,168 $246,400 $0 $0
2021 $3,935 $224,000 $0 $224,000
2020 $3,607 $204,000 $0 $0
2019 $3,653 $204,000 $0 $0
2018 $3,509 $197,000 $0 $0
2017 $3,381 $197,000 $0 $0
2016 $3,377 $197,000 $0 $197,000
2015 $2,915 $177,000 $0 $177,000
2014 $2,915 $177,000 $0 $177,000
Source: Public Records

Agents Affiliated with this Home

  • Wendy Lattimer

    Seller's Agent in 2020

    Wendy Lattimer

    Beach Front Mann Realty

    (800) 247-4862

    12 in this area

    32 Total Sales

    Wendy Lattimer
    Section Image

  • J

    Buyer's Agent in 2014

    Jerome McWilliams

    Water Pointe Realty Group

    (772) 708-7506

    58 in this area

    65 Total Sales

    Jerome McWilliams
    Section Image
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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20024721

Martin County REALTORS® of the Treasure Coast

APN: 31-37-42-033-010-01010-5

Florida Martin County Stuart 34996 South Hutchinson Island

5811 NE Gulfstream Way Unit 4001, Stuart, FL

This home is located at 5811 NE Gulfstream Way Unit 4001, Stuart, FL 34996 since 20 July 2020 and is currently estimated at $397,761, approximately $456 per square foot. This property was built in 1979. 5811 NE Gulfstream Way Unit 4001 is a home located in Martin County with nearby schools including Felix A. Williams Elementary School, Stuart Middle School, and Jensen Beach High School.

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Martin County REALTORS® of the Treasure Coast All listings featuring the MCRTC logo are provided by Martin County REALTORS® of the Treasure Coast, Inc. Multiple Listing Service. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Martin County REALTORS® of the Treasure Coast, 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.

Listing broker has attempted to offer accurate data, but buyers are advised to confirm all information.

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