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Port Salerno 34997 Port Salerno
4284 SE Rainbows End
Photo of 4284 SE Rainbows End
Sold on Feb 15, 2023

67

Map

Photo of 4284 SE Rainbows End
Photo of 4284 SE Rainbows End
$660,000
● House - Off Market

4284 SE Rainbows End

Stuart, FL 34997
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,154 Ft²
$730,884
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

Welcome to the peaceful community of Rainbow Cove in Rocky Point, a boater's paradise! This beautiful 4/3 home sits on .61 acres with access to its expansive back yard from Major Way! Plenty of room for a boat or 2! Boat ramps and marinas are minutes away! Very well maintained custom built home being sold by the original owners! Roof 2016 and 2 zoned AC's, 2015 and 2020. New impact doors and sliders as well as most windows. Kitchen remodeled a few years ago with new cabinets and a very spacious counter bar and lots of space for entertaining large families. Public water & sewer with well for irrigation. Portable generator hookup installed. Largest guest room has ensuite bath. 2nd guest bath is also a cabana bath.  Awesome location near seafood markets, shops & waterfront restaurants!
Unit Size
2,154 Ft²
Days on Market
265 days
Land Size
0.61 acres
Price per sqft
$325
Property Type
House
Property Taxes
$301
HOA Dues
$13
Year Built
1995

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #R10802809)

Price History

Date / Event Date Event Price
Feb 17, 2023 Sold
Premium
Sold
May 24, 2022 Listed by The Keyes Company - Stuart $699,500
Listed by The Keyes Company - Stuart
Jun 14, 1994 Sold
Premium
Sold
Jul 16, 1992 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • 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: 6
  • Building Style: 0
  • Exterior Walls Type: 18
  • 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: 506
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,789
  • Total Building Area: 2,660
  • Gross Building Area: 2,660
  • Building Area: 2,154
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,154
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 2
  • Water Service: 3

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RAINBOW COVE
  • Land Acres: 0000000615
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: RAINBOW COVE LOT 11

Neighborhood

  • School District Name: Martin County School District
  • Census Tract: 001302

Zoning

  • Zoning: R1B

Geography

  • Assessors Map Reference: HG-56
  • Parcel: 49-38-41-500-000-00110-3
  • Lot: 11
  • Meridian: SEC 49 TWN 38S RNG 41E
  • Latitude: 27.1537
  • Longitude: -80.1763

    Address

  • Full Address: 4284 Se Rainbows End
  • Address - House Number: 4284
  • Street Direction: SE
  • Address - Street Name: Rainbows End
  • State: FL
  • City Name: Stuart
  • Carrier Code: R009
  • 4-Digit Zip Code: 2470
  • Zip Code: 34997

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $376,155
  • Tax Rate Code Area: 9009 SOUTH

    Appraisal Valuation

  • Standard Deviation: 0.0834
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 93
  • Final Value: 784,189
  • High Value: 849,621
  • Low Value: 718,756

    Market Valuation

  • Market Total Value: $532,240
  • Market Land Value: $225,000
  • Market Improvement Value: $307,240

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $249,989

    Sales

  • Current Sale Contract Date: Feb 13, 2023
  • Current Sale Recording Date: Feb 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3002474
  • Previous Sale Recording Date: Jun 14, 1994
  • Previous Sale Contract Date: Jun 10, 1994
  • Previous Sale Amount: $42,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Port Salerno

Stats & Trends

Median Asking:

$374,950

Sale Price/ft²

$256

Below Asking

0.02%

Average Days on Market

72

Average Home Size

1495 ft²

Average Home Age

37.5 years

Currently For Sale

100 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 5770 Se Wilsie Drive, Stuart, FL, 34997

$2,850 /mo

  • 3 Beds
  • 2 Baths
  • 1,071 ft²
5770 Se Wilsie Drive, Stuart, FL, 34997 Listing by Benjamin M Bailey III
Unit for rent at 5306 Se Orange Street, Stuart, FL, 34997

$3,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,750 ft²
5306 Se Orange Street, Stuart, FL, 34997 Listing by Carmen Bengochea

Rentals Near You

Click here to view more rentals in the neighborhood.
BEACHES

Listed by: Michelle Hinson
The Keyes Company - Stuart
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# R10802809
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.

Frequently Asked Questions

When was property at 4284 Southeast Rainbows End built and last sold?
The property at 4284 Southeast Rainbows End was built in 1995 and last sold on Feb 13, 2023 for $660,000.
How much is this home worth?
The estimated value of the home located at 4284 Southeast Rainbows End is $0.
What are some comparable homes to 4284 Southeast Rainbows End?
There are currently no comparable homes to 4284 Southeast Rainbows End.
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