$1,700,000
SOLD DEC 10, 2014
1.14 Acre
-- Price per Acre
-- Sq Ft Lot

Recently Sold

$34 Per Sq Ft

15% Below List Price

207 Days on Market

About This Lot

As of June 2025

This home is located at 81 S River Rd, Stuart, FL 34996 and is currently priced at $1,700,000, approximately $34 per square foot. This property was built in 1973. 81 S River Rd is a home located in Martin County with nearby schools including Felix A. Williams Elementary School, Stuart Middle School, and Jensen Beach High School.

Last Agent to Sell the Property

Glenn Schmidt

RE/MAX of Stuart License #3077155 Listed on: 05/06/2014

RE/MAX of Stuart

Last Buyer's Agent

Leon Abood

One Sotheby's International Realty License #370222

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,716

Year Built

  • Built in 1973

Lot Details

  • Ocean Front

Home Design

  • 49,789 Sq Ft Home

Outdoor Features

  • Property has ocean access
  • River Access

Schools

  • Felix A Williams Elementary School
  • Stuart Middle School
  • Jensen Beach High School

Utilities

  • Well
  • Septic Tank
  • Phone Available
  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$17,716

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Lot Size: 127ft waterfront
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Land
  • Subdivision Name: HOMEWOOD
  • Year Built: 1973
  • Ownership: Fee Simple
  • Special Features: None

Interior Features

  • Living Area: 49789.0

Exterior Features

  • Waterfront Features: Ocean Access, Ocean Front, River Access
  • Waterfront: Yes

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Septic Available, Water Available, Water Connected
  • Water Source: Well

Schools

  • Elementary School: Felix A Williams
  • High School: Jensen Beach
  • Middle Or Junior School: Stuart

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 17716.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2025
Closed on
Jun 4, 2025
Sold by
Cusumano Philiph and Cusumano Eileen T
Bought by
765519 Limited Partnership
Seller's Agent
Kimberly Spears
Douglas Elliman
Buyer's Agent
Priscilla Baldwin
Berkshire Hathaway Florida Rea
List Price
$8,800,000
Sold Price
$8,250,000
Premium/Discount to List
-$550,000
-6.25%
Views
63

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-71.16%

Purchase Details

Closed on
Jul 28, 2021
Sold by
Cusumano Philip and Cusumano Eileen T
Bought by
Cusumano Eileen T and Eileen T Cusumano Revocable Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,252,250
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 3, 2020
Closed on
Nov 2, 2020
Sold by
Paradise Rental Prop Of Sewells Point Ll
Bought by
Cusumano Philip and Cusumano Eileen T
Seller's Agent
Leon Abood
One Sotheby's International Realty
Buyer's Agent
Leon Abood
One Sotheby's International Realty
List Price
$1,995,000
Sold Price
$1,765,000
Premium/Discount to List
-$230,000
-11.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.03%
Original Mortgage
$1,323,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 6, 2014
Closed on
Nov 26, 2014
Sold by
Turner Betty J and Turner Linda S
Bought by
Paradise Rental Property Of Sewells Poin
Seller's Agent
Glenn Schmidt
RE/MAX of Stuart
Buyer's Agent
Leon Abood
One Sotheby's International Realty
List Price
$2,000,000
Sold Price
$1,700,000
Premium/Discount to List
-$300,000
-15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.64%
Original Mortgage
$1,100,000
Interest Rate
4.02%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 17, 2010
Sold by
Turner Betty J
Bought by
Turner Betty J and Turner Linda S

Purchase Details

Closed on
Apr 1, 1972
Bought by
Paradise Rental Properties Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $8,250,000 None Listed On Document
Warranty Deed $8,250,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Warranty Deed $1,765,000 Attorney
Warranty Deed $1,700,000 Attorney
Interfamily Deed Transfer -- Attorney
Deed $27,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,252,250 New Conventional
Previous Owner $1,323,750 New Conventional
Previous Owner $1,100,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2025 06/06/25 Sold $8,250,000 -6.3% $1,530 / Sq Ft
04/21/2025 04/21/25 Pending -- -- --
01/29/2025 01/29/25 For Sale $8,800,000 +398.6% $1,632 / Sq Ft
11/02/2020 11/02/20 Sold $1,765,000 -11.5% $721 / Sq Ft
10/03/2020 10/03/20 Pending -- -- --
02/12/2020 02/12/20 For Sale $1,995,000 0.0% $815 / Sq Ft
03/31/2016 03/31/16 Rented -- -- --
03/01/2016 03/01/16 Under Contract -- -- --
12/17/2015 12/17/15 For Rent $4,500 0.0% --
12/10/2014 12/10/14 Sold $1,700,000 0.0% $694 / Sq Ft
12/10/2014 12/10/14 Sold $1,700,000 -15.0% $34 / Sq Ft
11/10/2014 11/10/14 Pending -- -- --
11/10/2014 11/10/14 Pending -- -- --
04/17/2014 04/17/14 For Sale $2,000,000 0.0% $817 / Sq Ft
04/17/2014 04/17/14 For Sale $2,000,000 -- $40 / 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 $67,513 $4,297,609 -- --
2024 $33,685 $4,176,491 -- --
2023 $33,685 $2,041,839 $0 $0
2022 $31,248 $1,917,220 $1,897,500 $19,720
2021 $26,068 $1,507,290 $1,391,500 $115,790
2020 $25,098 $1,480,510 $1,391,500 $89,010
2019 $27,180 $1,591,200 $1,502,190 $89,010
2018 $26,139 $1,517,930 $1,423,130 $94,800
2017 $26,047 $1,577,220 $1,502,190 $75,030
2016 $25,371 $1,499,540 $1,442,100 $57,440
2015 -- $1,498,010 $1,442,100 $55,910
2014 -- $1,124,081 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M375804

Martin County REALTORS® of the Treasure Coast

APN: 01-38-41-006-006-00020-9