When was property at 1615 Northwest Bay Tree Circle built and last sold?

The property at 1615 Northwest Bay Tree Circle was built in 1976 and last sold on Jan 1, 1971 for $17,500.

How much is this home worth?

The estimated value of the home located at 1615 Northwest Bay Tree Circle is $1,007,299.

What are some comparable homes to 1615 Northwest Bay Tree Circle?

There are currently no comparable homes to 1615 Northwest Bay Tree Circle.

North River Shores

34994

North River Shores

1615 NW Bay Tree Circle

Sold on May 13, 2025

Map

$1,005,000

● House - Off Market

1615 NW Bay Tree Circle

Stuart, FL 34994

4 Beds

2 Baths

2,654 Ft²

$6,568

Est. Monthly

1.47%

Cap Rate

About This Property

***MULTIPLE OFFERS HIGHEST & BEST TERMS DUE by 2:30 PM on Friday, March 28th*** Discover the potential of this waterfront gem! Situated on a spacious 0.77-acre lot in a quiet cul-de-sac, this solid concrete block 3-bedroom, 2-bath, 2-car garage home offers endless possibilities. This home offers 2,654 sq ft under air and is priced at $374 per sq ft-a rare opportunity in a neighborhood where values have soared. In March 2025, a canal-front home in North River Shores sold for $778 per sq ft. At 2,654 sq ft, that comp would equate to $2,065,612. While this home needs a full remodel, it provides the ideal canvas to create something special-and still be well-positioned in today's market. Boaters will love the protected waterfront with direct St. Lucie River and ocean access...bring your vision and make this exceptional location your own! ***MULTIPLE OFFERS HIGHEST & BEST TERMS DUE by 2:30 PM on Friday, March 28th***

Unit Size

2,654 Ft²

Days on Market

57 days

Land Size

0.77 acres

Price per sqft

$375

Property Type

House

Property Taxes

$1,677

HOA Dues

Year Built

1976

Payment Calculator

Cap Rate Calculator

Last updated: 2 months ago (MCRTC #M20049310)

Price History

Date / Event	Date	Event
May 13, 2025	Sold	Premium
Sold
Mar 30, 2025	In contract	-
In contract
Mar 28, 2025	Price Increased	$996,000 ↑ $2K (0.2%)
Price Increased
Mar 17, 2025	Listed by Keller Williams of the Treasure Coast	$994,000
Listed by Keller Williams of the Treasure Coast
Jan 1, 1971	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1976

Effective Year Built: 1976
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: 4
Building Style: 0
Exterior Walls Type: 12
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: 625
Parking Space Count: 2
Patio Type: 59
Porch Type: 102
Pool Type: 8

Dimensions

Lot Size Square Feet: 33,323

Total Building Area: 3,279
Gross Building Area: 3,279
Building Area: 2,654
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 2,654
Heating Fuel Type: 0

Utilities

Sewer System: 2

Water Service: 3

Building

Building Type: 0

Property Class: R
Subdivision: NORTH RIVER SHORES
Land Acres: 0000000765
Standard Land Use Code: 1001
County Land Use Code: 0100
State Land Use Code: 01
Legal Description 1: NORTH RIVER SHORES SEC 3 B LOT 7 BLK 8

Neighborhood

School District Name: Martin County School District

Census Tract: 000300

Zoning

Zoning: R1

Geography

Assessors Map Reference: N-30B

Parcel: 30-37-41-009-008-00070-2
Block: 8
Lot: 7
Meridian: SEC 30 TWN 37S RNG 41E
Latitude: 27.2252
Longitude: -80.2764

Address

Full Address: 1615 Nw Bay Tree Cir

Address - House Number: 1615
Street Direction: NW
Address - Street Name: Bay Tree
Address - Suffix Type: Cir
State: FL
City Name: Stuart
Carrier Code: C028
4-Digit Zip Code: 9406
Zip Code: 34994

Valuation

Tax

Tax Year: 2022

Tax Amount: $770,070
Tax Rate Code Area: 6006 NORTH

Appraisal Valuation

Standard Deviation: 0.1907

Valuation Date: Jan 27, 2024
Confidence Score: 74
Final Value: 1,378,572
High Value: 1,641,600
Low Value: 1,115,543

Market Valuation

Market Total Value: $1,213,220

Market Land Value: $977,500
Market Improvement Value: $235,720

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $450,911

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Jan 01, 1971

Current Sale Recording Date: Jan 01, 1971
Current Sale Price:

Premium
Current Sale Document Type: 27

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

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Comparables

About North River Shores

Stats & Trends

Median Asking:

$427,900

Sale Price/ft²

$273

Below Asking

0.03%

Average Days on Market

Average Home Size

1691 ft²

Average Home Age

45.9 years

Currently For Sale

48 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

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$3,000 /mo

3 Beds
2 Baths
1,804 ft²

254 Osprey Preserve Boulevard, Jensen Beach, FL, 34957 Listing by Heather D Kelley

Unit for rent at 415 Nw Flagler Avenue, Stuart, FL, 34994

$3,000 /mo

2 Beds
2 Baths
1,082 ft²

415 Nw Flagler Avenue #403, Stuart, FL, 34994 Listing by Joseph Lambert

Unit for rent at 2095 Nw Fork Road, Stuart, FL, 34994

$2,850 /mo

3 Beds
2 Baths
1,540 ft²

2095 Nw Fork Road, Stuart, FL, 34994 Listing by James N. Keegan

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Shannon Andersen, Keller Williams of the Treasure Coast
Last Updated: 2 months ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20049310

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.