38
Map
$920,000
●
Condo -
Off Market
245 NE Macarthur Boulevard #5
Stuart, FL 34996
3 Beds
3 Baths
1,500 Ft²
$1,002,714
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model
About This Property
Direct beachfront at Dunes Club #5, an updated on-the-sand 3BR/3
bath townhouse on Hutchinson Island. Dunes Club is a private
enclave of just 18 townhouses around a sunny pool deck just off
MacArthur Blvd, adjacent to Indian River Plantation. A meticulously
maintained interior, there is a sleeping loft above the updated
kitchen, and all sliders and windows have just been upgraded to
impact glass. You will really appreciate the high beamed ceiling
and accent lighting. From your spacious open balcony, views out to
sea are just thrilling, offering an oceanfront intimacy rarely
found on Hutchinson Island. All summer long, the turtles are your
guests as they come ashore in numbers to nest while you watch.
Sunrise, Moonrise, tumbling surfers, dancing spinner sharks - just
listen to the waves and take in the show. Residents are eligible to
join the Marriott Ocean Club next door for golf/tennis/pickle ball
family fun.
Unit Size
1,500 Ft²
Days on Market
114 days
Land Size
1.34 acres
Price per sqft
$663
Property Type
Condo
Property Taxes
$482
HOA Dues
$825
Year Built
-
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Cap Rate Calculator
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Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 days ago (MCRTC #M20037754)
Price History
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Assigned
Interior Details
Full Bathrooms: 3
Rooms: 5
Exterior Details
Has Property Attached
Square Footage: 1500
Square Footage Source: $0
Property Condition: Resale
Year Built Source: Other
Year Built: 1974
Waterfront Features: Ocean Access, Ocean Front
Building Area Total: 1500
Window Features: ImpactGlass
Construction Materials: Block, Concrete
Lot Size Area: 1.3405
Lot Size Units: Acres
Lot Size Acres: 1.3405
Lot Size Square Feet: 58392.18
Financial Details
Tax Annual Amount: $5,780
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Individual
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Sewer, Trash, Water, AssociationManagement, LegalAccounting, Pools, ReserveFund
HOA Fee: $825
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/02/2024
|
2 Bed
|
2 Bath
|
1310 ft²
|
$580,000
2 Bed
2 Bath
1310 ft²
|
$505,000
-12.93%
08/08/2025
|
Vanessa Xanthovla Bornstein PA
RE/MAX Select Group
| |
|
01/24/2024
|
3 Bed
|
3 Bath
|
1600 ft²
|
$1,015,000
3 Bed
3 Bath
1600 ft²
|
$940,000
-7.39%
04/26/2024
|
David M. Fleishman
Current Properties
| |
|
11/27/2023
|
2 Bed
|
2.5 Bath
|
1310 ft²
|
$650,000
2 Bed
2.5 Bath
1310 ft²
|
-
-
|
Melissa Noyes
Premier Realty Group Inc
| |
|
02/21/2023
|
3 Bed
|
3 Bath
|
1600 ft²
|
$860,000
3 Bed
3 Bath
1600 ft²
|
$820,000
-4.65%
06/09/2023
|
Mark Benedetto
Premier Realty Group Inc
| |
|
01/25/2023
|
3 Bed
|
3 Bath
|
1500 ft²
|
$995,000
3 Bed
3 Bath
1500 ft²
|
$920,000
-7.54%
05/19/2023
|
Jerome McWilliams
Water Pointe Realty Group
| |
|
01/01/2023
|
2 Bed
|
2 Bath
|
1310 ft²
|
$675,000
2 Bed
2 Bath
1310 ft²
|
$660,000
-2.22%
03/01/2023
|
Margaret Shinnebarger
Berkshire Hathaway Florida Realty
| |
|
02/10/2021
|
2 Bed
|
2 Bath
|
1310 ft²
|
$379,900
2 Bed
2 Bath
1310 ft²
|
$385,000
+1.34%
04/01/2021
|
Carisa Bravoco
RE/MAX of Stuart
| |
|
01/15/2021
|
2 Bed
|
2 Bath
|
1310 ft²
|
$422,900
2 Bed
2 Bath
1310 ft²
|
$400,100
-5.39%
03/12/2021
|
Jeremy Marsh
Water Pointe Realty Group
| |
|
12/17/2020
|
2 Bed
|
3 Bath
|
1310 ft²
|
$399,900
2 Bed
3 Bath
1310 ft²
|
-
-
|
Johnnie Nelson
Premier Brokers International
| |
|
10/17/2019
|
2 Bed
|
2 Bath
|
1310 ft²
|
$389,888
2 Bed
2 Bath
1310 ft²
|
-
-
|
-
| |
|
08/07/2019
|
2 Bed
|
3 Bath
|
1310 ft²
|
$385,000
2 Bed
3 Bath
1310 ft²
|
-
-
|
-
| |
|
06/17/2019
|
2 Bed
|
2 Bath
|
1310 ft²
|
$300,000
2 Bed
2 Bath
1310 ft²
|
-
03/17/2020
|
Jason Flannery
RE/MAX of Stuart
| |
|
06/03/2019
|
2 Bed
|
3 Bath
|
1310 ft²
|
$399,000
2 Bed
3 Bath
1310 ft²
|
-
-
|
-
| |
|
03/27/2019
|
2 Bed
|
2 Bath
|
1310 ft²
|
$425,000
2 Bed
2 Bath
1310 ft²
|
$400,000
-5.88%
06/11/2019
|
Jerome McWilliams
Water Pointe Realty Group
| |
|
07/07/2017
|
2 Bed
|
2 Bath
|
1310 ft²
|
$315,000
2 Bed
2 Bath
1310 ft²
|
$300,000
-4.76%
09/01/2017
|
Jerome McWilliams
Water Pointe Realty Group
| |
|
04/25/2016
|
2 Bed
|
2 Bath
|
1310 ft²
|
$309,000
2 Bed
2 Bath
1310 ft²
|
$300,000
-2.91%
08/19/2016
|
Jennifer Atkisson-Lovett
RE/MAX of Stuart
| |
|
02/18/2016
|
2 Bed
|
2 Bath
|
1310 ft²
|
$325,000
2 Bed
2 Bath
1310 ft²
|
$305,000
-6.15%
04/25/2016
|
Jeff J Clark
Coldwell Banker Realty
| |
|
04/17/2015
|
2 Bed
|
2 Bath
|
1310 ft²
|
$369,500
2 Bed
2 Bath
1310 ft²
|
$360,000
-2.57%
06/26/2015
|
Tracey Resendez
HSC Realty Inc
| |
|
04/03/2015
|
3 Bed
|
3 Bath
|
1500 ft²
|
$479,000
3 Bed
3 Bath
1500 ft²
|
$450,000
-6.05%
04/30/2015
|
Jerome McWilliams
Water Pointe Realty Group
| |
|
11/07/2014
|
2 Bed
|
2 Bath
|
1600 ft²
|
$379,000
2 Bed
2 Bath
1600 ft²
|
$345,000
-8.97%
12/08/2014
|
Jerome McWilliams
Water Pointe Realty Group
| |
|
04/21/2014
|
2 Bed
|
2 Bath
|
1310 ft²
|
$279,900
2 Bed
2 Bath
1310 ft²
|
$256,000
-8.54%
06/10/2014
|
Michael Mazur
Beach Front Mann Realty/Stuart
|
Building Info
245 Northeast Macarthur Boulevard
245 Northeast Macarthur Boulevard, Stuart, FL 34996
About South Hutchinson Island
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Listed by: Jerome McWilliams, Water Pointe Realty Group
Last Updated: 2 days ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20037754
Last Updated: 2 days ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20037754
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.
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