$759,000
●
House -
Off Market
4862 SW Millbrook Lane
Stuart, FL 34997
3 Beds
3 Baths
2,193 Ft²
$4,703
Est. Monthly
$344
HOA / Fees
2.49%
Cap Rate
About This Property
Coastal Elegance Meets Modern Convenience! This beautifully
upgraded 3-bed, 3-bath former model home situated in a quiet
cul-de-sac is designed for effortless Florida living. Featuring
impact glass throughout for peace of mind and energy efficiency,
this home boasts new designer light fixtures both indoors & out,
new tile flooring for a fresh, stylish feel, and a new epoxy floor
garage. The oversized screened patio and fenced yard provide the
perfect outdoor retreat. Located in the desirable gated community
of Banyan Bay, residents enjoy access to a state-of-the-art
clubhouse with a heated pool, fitness center, activity room, and
included lawn maintenance & irrigation. Outdoor enthusiasts will
love the community gazebo and kayak/canoe launch with access to the
St. Lucie River. Just minutes from historic downtown Stuart,
beautiful beaches, I-95 & Turnpike, this home offers the perfect
blend of coastal charm and modern convenience!
Unit Size
2,193 Ft²
Days on Market
275 days
Land Size
0.17 acres
Price per sqft
$347
Property Type
House
Property Taxes
$627
HOA Dues
$344
Year Built
2017
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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 #M20049450)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 10, 2025 | Sold | ||
| Sold | |||
| Sep 25, 2025 | In contract | - | |
| In contract | |||
| Aug 23, 2025 | Price Increased |
$759,990
↑ $990
(0.1%) | |
| Price Increased | |||
| Aug 15, 2025 | Price Decreased |
$759,000
↓ $26K
(3.3%) | |
| Price Decreased | |||
| Jul 10, 2025 | Listed by Keller Williams Realty Of The Treasure Coast | $785,000 | |
| Listed by Keller Williams Realty Of The Treasure Coast | |||
   | |||
|
Coastal Elegance Meets Modern Convenience! This beautifully upgraded 3-bed, 3-bath former model home situated in a quiet cul-de-sac is designed for effortless Florida living. Featuring impact glass throughout for peace of mind and energy efficiency, this home boasts new designer light fixtures both indoors & out, new tile flooring for a fresh, stylish feel, and a new epoxy floor garage. The oversized screened patio and fenced yard provide the perfect outdoor retreat. Located in the desirable gated community of Banyan Bay, residents enjoy access to a state-of-the-art clubhouse with a heated pool, fitness center, activity room, and included lawn maintenance & irrigation. Outdoor enthusiasts will love the community gazebo and kayak/canoe launch with access to the St. Lucie River. Just minutes from historic downtown Stuart, beautiful beaches, I-95 & Turnpike, this home offers the perfect blend of coastal charm and modern convenience!
| |||
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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: Shannon Andersen, Keller Williams of the Treasure Coast
Last Updated: 2 months ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20049450
Last Updated: 2 months ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20049450
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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