$2,090,000
●
House -
Off Market
4400 SE Whiticar Way
Stuart, FL 34997
3 Beds
2 Baths,
1
Half Bath
2,522 Ft²
$12,125
Est. Monthly
$333
HOA / Fees
About This Property
Discover this boaters dream home located in the exclusive community
of Mariner Cay! Bring your yacht-7ft draft! Just minutes by boat to
the inlet, this home sits directly on the wide Manatee pocket with
deep water & dock that can accommodate multiple boats + a 16klb
lift! 1st floor CBS! 3 car+ golf cart garage! The 1st floor
features 2 BR's, den & bath – 2nd floor is your main living area
with kitchen, dining, & family room that boasts high ceilings w/
beams & expansive views of the Manatee Pocket. The Master suite had
a complete remodeled bath in 2021. You will love spending time on
the large deck! The property is home to over 22 palm trees & mature
landscaping- a true tropical paradise! SE exposure! Features
include partial impact windows with accordion shutters, outdoor
kitchen, storage shed, 2 newer AC units, Wood Burning fireplace,
newer SS appliances in the kitchen, & icynene insulation in the
attic. Mariner Cay is a guard gated community that has a full
marina, clubhouse & more.
Unit Size
2,522 Ft²
Days on Market
556 days
Land Size
0.49 acres
Price per sqft
$904
Property Type
House
Property Taxes
$597
HOA Dues
$333
Year Built
1978
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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: 2 months ago (MCRTC #M20038167)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Feb 18, 2023 | Listed by RE/MAX Select Group | $2,280,000 | |
| Listed by RE/MAX Select Group | |||
| | |||
|
Discover this boaters dream home located in the exclusive community of Mariner Cay! Bring your yacht-7ft draft! Just minutes by boat to the inlet, this home sits directly on the wide Manatee pocket with deep water & dock that can accommodate multiple boats + a 16klb lift! 1st floor CBS! 3 car+ golf cart garage! The 1st floor features 2 BR's, den & bath – 2nd floor is your main living area with kitchen, dining, & family room that boasts high ceilings w/ beams & expansive views of the Manatee Pocket. The Master suite had a complete remodeled bath in 2021. You will love spending time on the large deck! The property is home to over 22 palm trees & mature landscaping- a true tropical paradise! SE exposure! Features include partial impact windows with accordion shutters, outdoor kitchen, storage shed, 2 newer AC units, Wood Burning fireplace, newer SS appliances in the kitchen, & icynene insulation in the attic. Mariner Cay is a guard gated community that has a full marina, clubhouse & more.
| |||
| Feb 16, 1999 | Sold | ||
| Sold | |||
| Feb 1, 1977 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Martin
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Listed by: Patrick Stracuzzi, Sr, RE/MAX Community
Last Updated: 2 months ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20038167
Last Updated: 2 months ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20038167
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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