$255,000
SOLD JUN 30, 2025

5887 SE Riverboat Dr Unit D440 Stuart, FL 34997

2 Beds
2.5 Baths
1,288 Sq Ft
$294/mo HOA Fee

Recently Sold

$198 Per Sq Ft

6% Below List Price

25 Days on Market

Highlights

  • Garden View
  • Corner Lot
  • Tennis Courts
  • South Fork High School Rated A-
  • Community Pool
  • Eat-In Kitchen

About This Home

As of June 2025

South Martin County's hidden gem--River Pines! This waterfront community offers kayak launch, fishing pier on the Indian River, two pools, tennis/pickleball courts & nature trails. 2BR/2BA courtyard townhouse with 2022 roof, full accordion shutters, upgraded corian kitchen, new tile on first floor, ceramic tile courtyard, and custom storage. No rear neighbors--enjoy preserve views and a large side yard. New fence, mansard roof assessment paid in full, new mansards 2023. Walk to pool & tennis. One owner since built. $250 app fee, 3-year ownership before renting, 2 pets allowed with weight limit. Maint. includes cable, lawn care, trash, water, & on-site mgr.

Last Agent to Sell the Property

Donna Paletta

Keller Williams Realty Of The Treasure Coast License #3274081 Listed on: 05/12/2025

Keller Williams Realty Of The Treasure Coast

Last Buyer's Agent

Judith Wickwire

RE/MAX of Stuart License #3369620

RE/MAX of Stuart

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $545

Year Built

  • Built in 1980

Lot Details

  • 1,302 Sq Ft Lot
  • Fenced

HOA Fees

  • $294 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Built-Up Roof

Interior Spaces

  • 1,288 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room
  • Combination Kitchen and Dining Room
  • Garden Views

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • Guest Parking
  • Open Parking
  • Assigned Parking

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 303842006004044003

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, ground maintenance, pest control, pool(s), reserve fund, trash
  • Built by DiVosta Homes
  • River Pines Subdivision

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Pool
  • Trails

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$545

Year Built

Built in 1980

Lot Details

0

HOA Fees

$294 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Condominium,Townhouse
  • Directions: Federal Hwy to Cove Rd east, through the rotary, right into River Pines.
  • Year Built: 1980
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Eat-in Kitchen, Kitchen/Dining Combo, Separate Shower, Tub Shower, Walk-In Closet(s)
  • Private Spa: No
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1288.0
  • Dining Room Type: Family Room, Laundry
  • Stories: 2

Exterior Features

  • Exterior Features: Fence, Patio
  • View: Garden
  • Lot Features: Corner Lot, < 1/4 Acre
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Builder Name: DiVosta Homes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Built-Up, Flat

Garage/Parking

  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Assigned, Guest, Open

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 294.0
  • Community Features: Non-Gated, Pickleball, Property Manager On-Site, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Management, Pickleball, Pool, Tennis Court(s), Trail(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Grounds, Pest Control, Pool(s), Reserve Fund, Trash

Schools

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

Lot Info

  • Parcel #: 303842006004044003
  • Lot Size: < 1/4 Acre,Corner Lot
  • Lot Size Sq Ft: 1302.0
  • Zoning Description: RES

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 545.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2025
Closed on
Jun 30, 2025
Sold by
Marshall Revocable Living Trust and Marshall Donald Robert
Bought by
Malsbury David Edward and Malsbury Tina Marie
Seller's Agent
Donna Paletta
Keller Williams Realty Of The Treasure Coast
Buyer's Agent
Judith Wickwire
RE/MAX of Stuart
List Price
$269,900
Sold Price
$255,000
Premium/Discount to List
-$14,900
-5.52%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.30%

Purchase Details

Closed on
Jan 20, 2004
Sold by
Marshall Donald and Marshall Betty
Bought by
Marshall Donald and Marshall Betty

Purchase Details

Closed on
Nov 1, 1980
Bought by
Marshall Donald & Betty Tr
Source: Public Records

Range of Values:

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Average Value
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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 $255,000 None Listed On Document
Warranty Deed $255,000 None Listed On Document
Interfamily Deed Transfer -- --
Deed $58,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Sold $255,000 -5.5% $198 / Sq Ft
06/06/2025 06/06/25 Pending -- -- --
05/12/2025 05/12/25 For Sale $269,900 -- $210 / 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 $545 $215,250 $115,000 $100,250
2024 $543 $73,363 -- --
2023 $543 $71,227 $0 $0
2022 $531 $69,153 $0 $0
2021 $541 $67,139 $0 $0
2020 $541 $66,213 $0 $0
2019 $538 $64,724 $0 $0
2018 $530 $63,517 $0 $0
2017 $500 $62,211 $0 $0
2016 $500 $60,931 $0 $0
2015 $475 $59,922 $0 $0
2014 $475 $59,447 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11089700

BeachesMLS

APN: 30-38-42-006-004-04400-3