$1,850,000
●
House -
Off Market
4239 SE Whiticar Way
Stuart, FL 34997
4 Beds
3 Baths
2,540 Ft²
$11,187
Est. Monthly
1.74%
Cap Rate
About This Property
Stunning Waterfront Home in Mariner Cay -
with No HOA fees or Restrictions!
Welcome to your dream home nestled in the exclusive gated community of Mariner Cay! This exquisite Key West-style residence offers the perfect blend of luxury and coastal living, featuring 4 spacious bedrooms and 3 beautifully renovated bathrooms.
Recently undergoing a full top-to-bottom renovation, this home boasts all-new landscaping and a new dock, ready for your boating adventures. Enjoy direct ocean access on the wide deep-water canal, just moments away from the Saint Lucie Inlet and a variety of waterfront restaurants. With ample space for a large boat, this property is a boater's paradise! Step outside to the new deck, where you can soak in the stunning waterfront views while overlooking the inviting pool - perfect for entertaining or relaxing on sunny days. The thoughtfully designed guest suite on the lower level provides a private retreat for friends or family during their visits.
Additional features include a spacious three-car garage and ample side yard space for RV parking, ensuring all your storage needs are met.
Don't miss this rare opportunity to own a piece of paradise in Mariner Cay, where you can enjoy the freedom of NO HOA or Rental restrictions. Schedule your private showing today and experience the ultimate waterfront lifestyle!
with No HOA fees or Restrictions!
Welcome to your dream home nestled in the exclusive gated community of Mariner Cay! This exquisite Key West-style residence offers the perfect blend of luxury and coastal living, featuring 4 spacious bedrooms and 3 beautifully renovated bathrooms.
Recently undergoing a full top-to-bottom renovation, this home boasts all-new landscaping and a new dock, ready for your boating adventures. Enjoy direct ocean access on the wide deep-water canal, just moments away from the Saint Lucie Inlet and a variety of waterfront restaurants. With ample space for a large boat, this property is a boater's paradise! Step outside to the new deck, where you can soak in the stunning waterfront views while overlooking the inviting pool - perfect for entertaining or relaxing on sunny days. The thoughtfully designed guest suite on the lower level provides a private retreat for friends or family during their visits.
Additional features include a spacious three-car garage and ample side yard space for RV parking, ensuring all your storage needs are met.
Don't miss this rare opportunity to own a piece of paradise in Mariner Cay, where you can enjoy the freedom of NO HOA or Rental restrictions. Schedule your private showing today and experience the ultimate waterfront lifestyle!
Unit Size
2,540 Ft²
Days on Market
375 days
Land Size
0.22 acres
Price per sqft
$778
Property Type
House
Property Taxes
$1,489
HOA Dues
-
Year Built
1991
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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: 3 months ago (Beaches MLS #R11057742)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 23, 2026 | Sold | ||
| Sold | |||
| Jan 28, 2026 | In contract | - | |
| In contract | |||
| Jan 18, 2026 | Price Decreased |
$1,975,000
↓ $10K
(0.5%) | |
| Price Decreased | |||
| Jan 14, 2026 | Price Decreased |
$1,985,000
↓ $10K
(0.5%) | |
| Price Decreased | |||
| Jul 15, 2025 | Price Decreased |
$1,995,000
↓ $160K
(7.4%) | |
| Price Decreased | |||
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Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Martin
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Listed by: Andrew Volpe
Serhant
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# R11057742
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
Serhant
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# R11057742
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