621 SW Bay Pointe Cir Palm City, FL 34990
5
Beds
5.5
Baths
5,441
Sq Ft
0.48
Acres
Highlights
- Property has ocean access
- Property fronts an intracoastal waterway
- Gated Community
- Bessey Creek Elementary School Rated A-
- Concrete Pool
- Deck
About This Home
As of June 2024Waterfront Luxury Estate within Bay Pointe's exclusive gated enclave. This home boasts 135' of frontage on the St Lucie River, catering to boating enthusiasts with 2 lifts accommodating vessels up to 30,000 & 9,000 lbs. Impeccably remodeled by Straticon & adorned with Pineapple House interiors, every detail radiates sophistication. Escape to the Master Suite, including his and her closets & a custom marble bathroom. Experience peace of mind with all Impact Windows & Doors, & a whole house generator. Outside, discover a tropical paradise, complete with a fire pit, Tiki Bar, saltwater pool, all framed by lush landscaping. This residence features 5 luxurious ensuite bedrooms, his & her offices, & a versatile bonus room, offering ample space for work & play.
Last Agent to Sell the Property
One Sotheby's Intl. Realty License #3442828 Listed on: 05/27/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $45,933
Year Built
- Built in 1990
Lot Details
- Property fronts an intracoastal waterway
- River Front
- Sprinkler System
HOA Fees
- $1,016 Monthly HOA Fees
Parking
- 3 Car Attached Garage
Property Views
- Intracoastal
- River
Home Design
- Barrel Roof Shape
Interior Spaces
- 5,441 Sq Ft Home
- 2-Story Property
- Wet Bar
- Furnished
- Bar
- Fireplace
- Open Floorplan
- Gas Range
Flooring
- Wood
- Marble
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
Home Security
- Home Security System
- Security Gate
- Impact Glass
Pool
- Concrete Pool
- Saltwater Pool
Outdoor Features
- Property has ocean access
- Deck
- Patio
- Outdoor Grill
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 053841019000001500
Community Details
Overview
- Association fees include management, common areas, reserve fund, trash
- Bay Pointe Subdivision
Security
- Gated Community
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$95,440
Avg. Annual Appreciation
-2.10%
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
Similar Homes in Palm City, FL
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $3,770,000 | Sailfish Title | |
| Warranty Deed | $2,900,000 | Attorney | |
| Warranty Deed | $2,900,000 | Sopko Kramer | |
| 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: BeachesMLS
Tax History Compared to Growth
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
-
Tyler Potts
T
Seller's Agent in 2024
Tyler Potts
ONE Sotheby's International Re
(772) 634-8715
11 in this area
57 Total Sales
-
Alex Burns
A
Seller Co-Listing Agent in 2024
Alex Burns
ONE Sotheby's International Re
(561) 775-8010
6 in this area
40 Total Sales
-
Kimberly Spears
K
Seller's Agent in 2021
Kimberly Spears
Douglas Elliman
(772) 263-2505
29 in this area
119 Total Sales
Map
Source: BeachesMLS
MLS Number: R10990829
APN: 05-38-41-019-000-00150-0
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