When was property at 3 Palama Way built and last sold?

The property at 3 Palama Way was built in 2000 and last sold on Mar 4, 2019 for $840,000.

How much is this home worth?

The estimated value of the home located at 3 Palama Way is $969,241.

What are some comparable homes to 3 Palama Way?

There are currently no comparable homes to 3 Palama Way.

Sewall's Point

34996

Undisclosed Address

Sold on Jun 1, 2015

Map

$725,000

● House - Off Market

Undisclosed Address

Stuart, FL 34996

4 Beds

4 Baths

3,190 Ft²

$1,333,478

RealtyHop Estimate

78.03%

Since Jul 1, 2015

National-US

Primary Model

About This Property

An architectural delight, beautifully appointed and private location. Perfectly situated in a quiet Sewall's Point neighborhood, this home exudes style and charm. Spacious. Unique coquina coral tiled floors and Australian cypress floors. Pecky cypress double entry doors and exterior eve accents. Light and bright floor plan. 4th bedroom en-suite could be the perfect recreation space or guest wing with superb bath. Fabulous kitchen features gas range, maple cabinets and granite counters that open to the spacious family gathering area. Two spacious bedrooms plus a separate den/office. Beautiful pool patio area is viewed and accessed from multiple rooms. Under roof patio and picturesque garden arbor completes. A great house for a great price!

Unit Size

3,190 Ft²

Days on Market

82 days

Land Size

Price per sqft

$235

Property Type

House

Property Taxes

$764

HOA Dues

$95

Year Built

2000

Payment Calculator

Cap Rate Calculator

Last updated: 2 months ago (MCRTC #M381371)

Price History

Date / Event	Date	Event
Mar 6, 2019	Sold	Premium
Sold
Nov 2, 2018	Listed by Premier Realty Group Inc	$899,000
Listed by Premier Realty Group Inc
Jun 1, 2015	Sold	Premium
Sold
Mar 11, 2015	Listed by Premier Realty Group Inc	$749,000
Listed by Premier Realty Group Inc
Apr 6, 2005	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 2000

Effective Year Built: 2005
Building Count: 1
Total Rooms: 7
Bedroom Count: 5
Bathroom Count: 4
Full Bathrooms: 4
Partial Bathrooms: 4
Building Condition: 6
Building Quality: 4
Construction Type: 4
Building Style: 0
Exterior Walls Type: 12
Interior Walls Type: 3
Roof Shape Type: 7
Roof Cover Type: 4
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 942
Parking Space Count: 4
Patio Type: 59
Porch Type: 102
Pool Type: 8

Dimensions

Lot Size Square Feet: 18,252

Total Building Area: 4,132
Gross Building Area: 4,132
Building Area: 3,190
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 3,190
Heating Fuel Type: 0

Utilities

Sewer System: 2

Water Service: 3

Building

Building Type: 0

Property Class: R
Subdivision: CASTLE HILL
Land Acres: 0000000419
Standard Land Use Code: 1001
County Land Use Code: 0100
State Land Use Code: 01
Legal Description 1: CASTLE HILL LOT 27

Neighborhood

School District Name: Martin County School District

Census Tract: 000502

Zoning

Zoning: R1

Geography

Assessors Map Reference: SP-01

Parcel: 26-37-41-015-000-00270-7
Lot: 27
Meridian: SEC 26 TWN 37S RNG 41E
Latitude: 27.2173
Longitude: -80.2108

Address

Full Address: 3 Palama Way

Address - House Number: 3
Address - Street Name: Palama
Address - Suffix Type: Way
State: FL
City Name: Stuart
Carrier Code: C021
4-Digit Zip Code: 6511
Zip Code: 34996

Valuation

Tax

Tax Year: 2022

Tax Amount: $1,208,276
Tax Rate Code Area: 2200 SEWAL

Appraisal Valuation

Standard Deviation: 0.2066

Valuation Date: Jan 27, 2024
Confidence Score: 72
Final Value: 1,541,449
High Value: 1,860,029
Low Value: 1,222,868

Open Liens

Total Open Liens:

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Total Open Liens Amount:

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Market Valuation

Market Total Value: $1,033,100

Market Land Value: $400,000
Market Improvement Value: $633,100

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $773,820

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Mar 04, 2019

Current Sale Recording Date: Mar 06, 2019
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 2742170
Previous Sale Recording Date: Jun 01, 2015
Previous Sale Contract Date: Jun 01, 2015
Previous Sale Amount: $725,000
Previous Sale Document Type: 71

Previous Mortgages

Previous Mortgage Lender:

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Previous Mortgage Transaction Date:

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Previous Mortgage Term:

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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:

$2,287,500

Sale Price/ft²

$634

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 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

Unit for rent at 1841 Se Roxy Way, Stuart, FL, 34996

$3,100 /mo

3 Beds
2 Baths
1,814 ft²

1841 Se Roxy Way, Stuart, FL, 34996 Listing by Sam Elias

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Leon Abood, Premier Realty Group Inc
Last Updated: 2 months ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M381371

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.