$3,200,000
SOLD MAR 12, 2021

621 SW Bay Pointe Cir Palm City, FL 34990

5 Beds
5.5 Baths
5,441 Sq Ft
0.48 Acres

Recently Sold

$588 Per Sq Ft

9% Below List Price

351 Days on Market

Highlights

  • Property has ocean access
  • Boat Dock
  • Concrete Pool
  • Bessey Creek Elementary School Rated A-
  • Boat Ramp
  • Gated Community

About This Home

As of June 2024

First time reveal of this stunning Waterfront Estate in the premier community of Bay Pointe - a private, gated enclave of 35 custom homesites. Situated on close to 1/2 acre with 135’ of frontage on the Saint Lucie River, you can bring your large vessels for deep water boating (current lifts 30,000 & 18,000 lb) Recently remodeled by Straticon - the elite in construction with interiors designed by renowned Pineapple House of Atlanta. Sought after open & split floor plan. Expansive great room with 100’ Panasonic TV for your viewing pleasure and the most exquisite diagonal coffered ceiling. Exceptional gourmet kitchen with 2 islands, open dining concept with fireplace and bar area. Wide water views from almost every room. Master Suite spares no detail and features custom marble bathroom with his & her custom closet and dressing area. This tropical paradise features fire pit, Tiki Bar, gas lit torches, and heated salt water pool. Impact doors & windows. Home is completely turnkey!

Last Agent to Sell the Property

Kimberly Spears

Douglas Elliman License #613962 Listed on: 02/25/2020

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,917

Year Built

  • Built in 1990

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 125x198x211x135
  • Waterfront
  • West Facing Home
  • Sprinkler System

HOA Fees

  • $1,021 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Barrel Roof Shape
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 5,441 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Open Floorplan
  • River Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Equipment or Cover

Outdoor Features

  • Property has ocean access
  • Access To Intracoastal Waterway
  • River Access
  • Boat Ramp
  • Covered patio or porch
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • 110 Volts
  • Cable TV Available

Community Details

Overview

  • Association fees include management, common areas, cable TV, ground maintenance, security

Recreation

  • Boat Dock
  • Community Boat Facilities

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,917

Year Built

Built in 1990

Lot Details

0

HOA Fees

$1,021 per month

Listing Details

  • Architectural Style: Contemporary
  • Directions: Martin Downs Blvd. to Matheson, turn right on Dyer Point Rd. follow to the gates of Bay Pointe.
  • Garage Yn: Yes
  • Lot Size Acres: 0.48
  • Lot Size: 125x198x211x135
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 2
  • Subdivision Name: Bay Pointe
  • Year Built: 1990
  • Ownership: Fee Simple
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Flooring: Carpet, Ceramic Tile, Engineered Hardwood
  • Furnished: Unfurnished
  • Interior Amenities: Wet Bar, Built-in Features, Cathedral Ceiling(s), Dual Sinks, High Ceilings, Kitchen Island, Kitchen/Dining Combo, Master Downstairs, Living/Dining Room, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Living Area: 5441.0
  • Stories: 2
  • Window Features: Impact Glass
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Disclosures: Deed Restriction
  • Exterior Features: Sprinkler/Irrigation, Lighting, Outdoor Grill, Patio
  • Lot Features: Sprinklers Automatic
  • Patio And Porch Features: Covered, Open, Patio
  • Pool Features: Concrete, In Ground, Pool Equipment
  • Pool Private: Yes
  • Roof: Barrel
  • View: River
  • View: Yes
  • Waterfront Features: Intracoastal Access, Ocean Access, River Access, Boat Ramp/Lift Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Electric: 110 Volts, 220 Volts
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Security System Owned, Closed Circuit Camera(s), Gated Community, Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1021.0
  • Association: Yes
  • Community Features: Boat Facilities, Dock, Gated
  • Pets Allowed: Number Limit, Size Limit, Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Maintenance Grounds, Security

Lot Info

  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 20917.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2024
Closed on
Jun 25, 2024
Sold by
Phelan Daniel D and Phelan Lisa A
Bought by
Waits Larry and Waits Mary
Seller's Agent
Tyler Potts
ONE Sotheby's International Re
Buyer's Agent
Alex Burns
ONE Sotheby's International Re
List Price
$4,250,000
Sold Price
$3,770,000
Premium/Discount to List
-$480,000
-11.29%
Views
15
Current Estimated Value
$3,743,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,293
Avg. Annual Appreciation
-0.63%

Purchase Details

Listed on
Feb 25, 2020
Closed on
Mar 12, 2021
Sold by
Lane Nixon J and Lane Nixon D
Bought by
Phelan Daniel D and Phelan Lisa A
Seller's Agent
Kimberly Spears
Douglas Elliman
List Price
$3,500,000
Sold Price
$3,200,000
Premium/Discount to List
-$300,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.11%

Purchase Details

Closed on
Dec 16, 1997
Sold by
Skidmore Robert J and Skidmore Paulette
Bought by
Nixon J M and Nixon D'Lana

Purchase Details

Closed on
May 3, 1990
Bought by
Nixon J Michael J and Nixon D'Lana

Purchase Details

Closed on
Dec 8, 1987
Bought by
Nixon J Michael J and Nixon D'Lana
Source: Public Records

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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 $3,770,000 Sailfish Title
Warranty Deed $2,900,000 Attorney
Warranty Deed $1,442,000 --
Deed $1,315,000 --
Deed $250,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,000,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2024 06/25/24 Sold $3,770,000 -5.7% $693 / Sq Ft
06/15/2024 06/15/24 Pending -- -- --
05/27/2024 05/27/24 Price Changed $3,999,995 -5.9% $735 / Sq Ft
05/06/2024 05/06/24 For Sale $4,250,000 +32.8% $781 / Sq Ft
03/12/2021 03/12/21 Sold $3,200,000 -8.6% $588 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
02/25/2020 02/25/20 For Sale $3,500,000 -- $643 / 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 $47,269 $2,699,626 -- --
2024 $45,933 $2,821,720 -- --
2023 $45,933 $2,565,200 $0 $0
2022 $39,066 $2,323,100 $1,278,000 $1,045,100
2021 $21,165 $1,200,380 $700,000 $500,380
2020 $20,993 $1,184,680 $700,000 $484,680
2019 $20,918 $1,165,850 $675,000 $490,850
2018 $21,273 $1,193,140 $700,000 $493,140
2017 $20,116 $1,191,300 $725,000 $466,300
2016 $19,496 $1,143,930 $725,000 $418,930
2015 -- $1,017,140 $600,000 $417,140
2014 -- $1,023,870 $600,000 $423,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20022570

Martin County REALTORS® of the Treasure Coast

APN: 05-38-41-019-000-00150-0