When was property at 1 Mandalay Island built and last sold?

The property at 1 Mandalay Island was built in 1981 and last sold on Jun 4, 2002 for $345,000.

How much is this home worth?

The estimated value of the home located at 1 Mandalay Island is $3,930,338.

What are some comparable homes to 1 Mandalay Island?

There are currently no comparable homes to 1 Mandalay Island.

Sewall's Point

34996

1 Mandalay Island

Sold on Jun 30, 2020

Map

$3,550,000

● House - Off Market

1 Mandalay Island

Stuart, FL 34996

3 Beds

2 Baths, 2 Half Baths

3,063 Ft²

$5,601,258

RealtyHop Estimate

40.21%

Since Jul 1, 2020

National-US

Primary Model

About This Property

The private island retreat of your dreams is located in the coveted Sewall's Point community. A tropical oasis with its tranquil blue waters, sandy white beaches, swaying palms and perfect southeastern exposure begins to paint a picture of the island lifestyle. Once in a lifetime does an uber-property like this come on the market. The property offers deep water with a dock permit, and is accessed by a private bridge and offers 2,700+/- ft. of shoreline surrounding the 3.4+/- acre island, allowing for the ultimate in privacy and endless water fun. This unique property offers a family compound reminiscent of seaside cottages, designed by renowned architect Peter Jefferson. The island allows for plenty of room to host family & friends in a tranquil, laid back atmosphere without leaving the urban benefits of shopping, dining and quick access to the ocean inlet and executive airport. Live the ultimate dream of owning your own island right here in Stuart, FL!

Unit Size

3,063 Ft²

Days on Market

1231 days

Land Size

Price per sqft

$1,304

Property Type

House

Property Taxes

$4,984

HOA Dues

Year Built

1981

Payment Calculator

Cap Rate Calculator

Last updated: 2 months ago (MCRTC #M20003673)

Price History

Date / Event	Date	Event
Jun 30, 2020	Sold	Premium
Sold
Feb 15, 2017	Listed by Water Pointe Realty Group	$3,995,000
Listed by Water Pointe Realty Group
Jun 10, 2002	Sold	Premium
Sold
Dec 11, 1989	Sold	Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1981

Effective Year Built: 1981
Building Count: 1
Total Rooms: 3
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 6
Building Quality: 7
Construction Type: 6
Building Style: 0
Exterior Walls Type: 19
Interior Walls Type: 3
Roof Shape Type: 7
Roof Cover Type: 3
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 483
Parking Space Count: 2
Patio Type: 69
Porch Type: 102
Pool Type: 8

Dimensions

Lot Size Square Feet: 26,877

Total Building Area: 2,945
Gross Building Area: 2,945
Building Area: 2,462
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 2,462
Heating Fuel Type: 0

Utilities

Sewer System: 2

Water Service: 3

Building

Building Type: 0

Property Class: R
Subdivision: MANDALAY
Land Acres: 0000000617
Standard Land Use Code: 1001
County Land Use Code: 0100
State Land Use Code: 01
Legal Description 1: MANDALAY LOT 15 OR 359/1956

Neighborhood

School District Name: Martin County School District

Census Tract: 000502

Zoning

Zoning: R1

Geography

Assessors Map Reference: SP-06

Parcel: 13-38-41-004-000-00150-1
Lot: 15
Meridian: SEC 13 TWN 38S RNG 41E
Latitude: 27.1808
Longitude: -80.1885

Address

Full Address: 1 Mandalay Rd

Address - House Number: 1
Address - Street Name: Mandalay
Address - Suffix Type: Rd
State: FL
City Name: Stuart
Carrier Code: C024
4-Digit Zip Code: 7008
Zip Code: 34996

Valuation

Tax

Tax Year: 2022

Tax Amount: $529,269
Tax Rate Code Area: 2200 SEWAL

Appraisal Valuation

Standard Deviation: 0.1907

Valuation Date: Jan 27, 2024
Confidence Score: 74
Final Value: 1,012,994
High Value: 1,206,271
Low Value: 819,717

Open Liens

Total Open Liens:

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Total Open Liens Amount:

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Market Valuation

Market Total Value: $645,180

Market Land Value: $360,000
Market Improvement Value: $285,180

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $348,866

Exemptions

Senior Citizen Exemption : Yes

Widow Exemption: Yes
Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Jun 04, 2002

Current Sale Recording Date: Jun 10, 2002
Current Sale Price:

Premium
Current Sale Document Type: 54
Current Sale Input Document Number: 1577790
Previous Sale Recording Date: Dec 11, 1989
Previous Sale Contract Date: Dec 11, 1989
Previous Sale Amount: $220,000
Previous Sale Document Type: 27

Last Sale Mortgage

First Mortgage Lender:

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First Mortgage Transaction Date:

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Financing

First Mortgage Financing Type: ADJ

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Sewall's Point

Stats & Trends

Median Asking:

$2,295,000

Sale Price/ft²

$648

Below Asking

0.04%

Average Days on Market

Average Home Size

3459 ft²

Average Home Age

36.7 years

Currently For Sale

19 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2600 Se Ocean Boulevard, Stuart, FL, 34996

$1,750 /mo

2 Beds
2 Baths
1,089 ft²

2600 Se Ocean Boulevard #N14, Stuart, FL, 34996 Listing by Alex Kaplan

Unit for rent at 3852 Jefferson Street, Stuart, FL, 34997

$2,100 /mo

2 Beds
2 Baths
1,400 ft²

3852 Jefferson Street, Stuart, FL, 34997 Listing by Sandra G Terpening

Unit for rent at 390 Ne Edgewater Drive, Stuart, FL, 34996

$5,500 /mo

2 Beds
2 Baths
970 ft²

390 Ne Edgewater Drive #403, Stuart, FL, 34996 Listing by Mary Jill Elizabeth Falcigno

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Debra Duvall, Water Pointe Realty Group
Last Updated: 2 months ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20003673

The data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Realtor® Association of Martin County, Inc. MLS. Real estate listings held by brokerage firms other than RH Advisors, Inc. and RHP Realty NJ, Inc. are marked with the IDX logo or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Copyright 2026 Realtor® Association of Martin County, Inc. MLS. All rights reserved.