65
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$3,900,000
●
Condo -
Off Market
2812 SE Dune Drive #1401
Stuart, FL 34996
3 Beds
4 Baths,
1
Half Bath
4,235 Ft²
$34,741
Est. Monthly
$5,786
HOA / Fees
-1.42%
Cap Rate
About This Property
Experience Breathtaking Coastal Luxury as you step off the private
elevator and into this expansive penthouse offering unparalleled
panoramic views of the Atlantic Ocean, Jupiter Island, and the St.
Lucie Inlet. With over 4,000 sq. ft. of elegant living space, this
residence features 3 spacious bedrooms, each with ensuite baths,
ensuring comfort and privacy. An entertainer's dream, the condo
boasts over 3,800 sq. ft. of outdoor terraces and covered
balconies, including a dedicated space for a built-in BBQ, perfect
for seamless indoor-outdoor living and entertaining.
On the market for the first time since 1986, this rare gem is located in Sailfish Point, an exclusive community offering the ultimate Florida resort lifestyle with its oceanfront country club, fine & casual dining, Har-Tru tennis courts, Jack Nicklaus "Signature" golf course, state-of-the-art fitness center & spa, helipad, 1.5 miles of gorgeous beach, and 24/7 guarded & patrolled security for peace of mind.
On the market for the first time since 1986, this rare gem is located in Sailfish Point, an exclusive community offering the ultimate Florida resort lifestyle with its oceanfront country club, fine & casual dining, Har-Tru tennis courts, Jack Nicklaus "Signature" golf course, state-of-the-art fitness center & spa, helipad, 1.5 miles of gorgeous beach, and 24/7 guarded & patrolled security for peace of mind.
Unit Size
4,235 Ft²
Days on Market
91 days
Land Size
13.81 acres
Price per sqft
$1,240
Property Type
Condo
Property Taxes
$3,176
HOA Dues
$5,786
Year Built
-
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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: 6 days ago (MCRTC #M20048128)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 21, 2025 | Sold | ||
| Sold | |||
| Feb 10, 2025 | In contract | - | |
| In contract | |||
| Dec 20, 2024 | Listed by Sailfish Point Realty | $5,250,000 | |
| Listed by Sailfish Point Realty | |||
Property Highlights
Parking Available
Garage
Elevator
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Assigned, Covered, Garage
Interior Details
Half Bathrooms: 1
Full Bathrooms: 4
Interior Features: Wet Bar, Bidet, Eat-in Kitchen, Elevator, Walk-In Closet(s), BreakfastArea, Bathtub, ClosetCabinetry, SeparateFormalDiningRoom, DualSinks, Fireplace, GardenTubRomanTub, JettedTub, LivingDiningRoom, Skylights, SeparateShower
Appliances: Cooktop, Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Water Heater, Washer, SomeElectricAppliances, BuiltInOven
Flooring Type: Carpet, Marble
Laundry Features: LaundryTub
Rooms: 7
Has Fireplace
Fireplace Features: Gas
Exterior Details
Has Property Attached
Square Footage: 4235
Square Footage Source: $0
Security Features: Security System Owned, Gated with Guard, Security Guard, Smoke Detector(s), LobbySecured, PhoneEntry
Property Condition: Resale
Architectural Style: Contemporary
Year Built: 1983
Waterfront Features: Ocean Access, Ocean Front, River Front, Beach Access, BoatRampLiftAccess
Building Area Total: 6800
Window Features: Shutters, ImpactGlass
Construction Materials: Block, Concrete, Stucco
Patio and Porch Features: Covered, Deck, Patio, Balcony, Open
Pool Features: Community
Lot Size Area: 13.8122
Lot Size Units: Acres
Lot Size Acres: 13.8122
Lot Size Square Feet: 601659.432
Water Source: Public
Financial Details
Tax Annual Amount: $38,106
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s), Electric, Zoned
Heating Type: Central, Electric, Zoned
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, AssociationManagement, CommonAreas
HOA/Condo/Coop Amenities: Elevator(s)
HOA Fee: $5,786
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 |
|---|---|---|---|---|---|---|---|
|
04/18/2026
|
3 Bed
|
3 Bath
|
2762 ft²
|
$4,200,000
3 Bed
3 Bath
2762 ft²
|
$3,900,000
-7.14%
06/04/2026
|
Patricia L. Kloiber
Berkshire Hathaway Florida Rea
| |
|
12/20/2024
|
3 Bed
|
5 Bath
|
4235 ft²
|
$5,250,000
3 Bed
5 Bath
4235 ft²
|
$3,900,000
-25.71%
03/21/2025
|
Martin A. Conroy
Sailfish Point Realty, LLC
| |
|
04/22/2019
|
2 Bed
|
3 Bath
|
3313 ft²
|
$3,600,000
2 Bed
3 Bath
3313 ft²
|
-
-
|
-
| |
|
07/29/2017
| |
2 Bed
|
3 Bath
|
3313 ft²
|
-
2 Bed
3 Bath
3313 ft²
|
-
-
|
-
|
|
06/30/2017
|
2 Bed
|
3 Bath
|
3313 ft²
|
$2,825,000
2 Bed
3 Bath
3313 ft²
|
$2,550,000
-9.73%
12/20/2017
|
Patti Kloiber
Berkshire Hathaway Florida Rea
| |
|
07/22/2013
|
3 Bed
|
4 Bath
|
3313 ft²
|
$1,800,000
3 Bed
4 Bath
3313 ft²
|
$1,650,000
-8.33%
09/20/2013
|
Patricia L. Kloiber
Berkshire Hathaway Florida Rea
|
Building Info
About South Hutchinson Island
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Listed by: Martin Conroy, Sailfish Point Realty
Last Updated: 6 days ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20048128
Last Updated: 6 days ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20048128
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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