$7,500,000
SOLD OCT 2, 2024

80 Stingaree Point Indn Riv Shrs, FL 32963

5 Beds
7.5 Baths
5,246 Sq Ft
1.56 Acres

Recently Sold

$1,430 Per Sq Ft

6% Below List Price

12 Days on Market

Highlights

  • Beach Access
  • Golf Course Community
  • Gated with Attendant
  • Beachland Elementary School Rated A-
  • Fitness Center
  • Cabana

About This Home

As of October 2024

John’s Island...Welcome to this luxurious 7,121 sq ft, 5-bedroom,7.5-bath estate in John's Island, crafted by Harry Howle Architect and RCL Builders. Set on a 1.56-acre lot, it features a landscaped property, swimming pool, fire pit, and views of the Indian River nature preserve. The gourmet kitchen boasts a marble island, high-end appliances, and a wet bar, VIP guest suite. The master suite includes a dressing area, coffee bar, and private porch. Additional amenities: a fitness studio, dock with Intracoastal Waterway access, and 3-car garage.

Last Agent to Sell the Property

Michael Merrill

Douglas Elliman Florida LLC Brokerage Phone: 772-763-1500 License #3254788 Listed on: 08/03/2024

Douglas Elliman Florida LLC

Last Buyer's Agent

Michael Merrill

Douglas Elliman Florida LLC Brokerage Phone: 772-763-1500 License #3254788 Listed on: 08/03/2024

Douglas Elliman Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,803

Year Built

  • Built in 2018

Lot Details

  • 1.56 Acre Lot
  • East Facing Home
  • Sprinkler System

Parking

  • 3 Car Garage

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 5,246 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • 1 Fireplace
  • Blinds
  • Wood Flooring
  • Views of Preserve

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Closet Cabinetry

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Cabana
  • Free Form Pool
  • Gas Heated Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Beach Access
  • Access To Intracoastal Waterway
  • Screened Patio
  • Built-In Barbecue

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 32401800064000000001.0

Community Details

Overview

  • Association fees include common areas, recreation facilities, security
  • Private Membership Available
  • Jipoa Association
  • John's Island Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,803

Year Built

Built in 2018

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 1.56
  • Lot Size: 1.56 acre
  • Ownership: Single Family/Other
  • Subdivision Name: John's Island
  • Directions: A1A to John's Island main gate. The guard will direct you.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 2018
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-763-1500
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Cooktop, Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator, Wine Cooler, Washer
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Wet Bar, Closet Cabinetry, High Ceilings, Kitchen Island, Pantry, Vaulted Ceiling(s), Central Vacuum
  • Living Area: 5246.0
  • Stories: 1
  • Window Features: Blinds
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features: 1-3 Acres
  • Pool Features: Free Form, Gas Heat, Heated, Other, Pool, Private, Community
  • Pool Private: Yes
  • View: Preserve
  • View: Yes
  • Waterfront Features: Intracoastal Access, Beach Access
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Exterior Features: Built-in Barbecue, Barbecue, Sprinkler/Irrigation, Propane Tank - Owned
  • Other Structures: Cabana
  • Patio And Porch Features: Patio, Screened
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Three Car Garage, Three or more Spaces

Utilities

  • Laundry Features: In Unit
  • Security: Gated with Guard, Security Guard
  • Cooling: Central Air, 3+ Units
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Club Membership Available, Clubhouse, Fitness, Golf, Other, Pickleball, Pool, Tennis Court(s)
  • Association Fee: 311.58
  • Association Name: JIPOA
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Recreation Facilities, Security

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 32401800064000000001.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 39803.0
  • Tax Lot: 1
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2024
Closed on
Oct 2, 2024
Sold by
Bray William C and Bray Christine A
Bought by
Stanchak David G and Stanchak Cynthia A
Seller's Agent
Michael Merrill
Douglas Elliman Florida LLC
Buyer's Agent
Michael Merrill
Douglas Elliman Florida LLC
List Price
$8,000,000
Sold Price
$7,500,000
Premium/Discount to List
-$500,000
-6.25%
Views
4
Current Estimated Value
$7,677,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,769
Avg. Annual Appreciation
1.88%

Purchase Details

Closed on
Sep 1, 2020
Sold by
Stingaree Point Llc
Bought by
Bray William C and Bray Christina A

Purchase Details

Closed on
Jul 11, 2017
Sold by
Lost Tree Village Corporation
Bought by
Stingaree Point Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
3.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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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
Warranty Deed $7,500,000 None Listed On Document
Warranty Deed $4,300,000 Attorney
Special Warranty Deed $5,300,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,360,000 New Conventional
Previous Owner $4,000,000 New Conventional
Previous Owner $3,000,000 New Conventional
Previous Owner $3,000,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2024 10/02/24 Sold $7,500,000 -6.3% $1,430 / Sq Ft
08/15/2024 08/15/24 Pending -- -- --
08/03/2024 08/03/24 For Sale $8,000,000 -- $1,525 / Sq Ft
Source: REALTORS® Association of Indian River County

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
2024 $39,803 $5,141,881 $1,246,068 $3,895,813
2023 $39,803 $3,411,322 $0 $0
2022 $38,977 $3,311,963 $0 $0
2021 $39,441 $3,215,498 $0 $0
2020 $43,095 $3,412,521 $1,500,423 $1,912,098
2019 $45,852 $3,548,904 $1,636,806 $1,912,098
2018 $18,774 $1,414,014 $1,414,014 $0
2017 $9,639 $707,109 $0 $0
2016 $10,052 $706,910 $0 $0
2015 $10,545 $706,910 $0 $0
2014 $9,967 $665,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 280303

APN: 32-40-18-00064-0000-00001.0