When was property at 5 Banyan Road built and last sold?

The property at 5 Banyan Road was built in 1973 and last sold on Jun 10, 2021 for $765,000.

How much is this home worth?

The estimated value of the home located at 5 Banyan Road is $1,223,159.

What are some comparable homes to 5 Banyan Road?

There are currently no comparable homes to 5 Banyan Road.

Sewall's Point

34996

5 Banyan Road

Sold on May 31, 2024

Map

$1,140,000

● House - Off Market

5 Banyan Road

Stuart, FL 34996

5 Beds

3 Baths, 1 Half Bath

3,243 Ft²

$7,147

Est. Monthly

3.83%

Cap Rate

About This Property

Charming 5BR , 3.5BA CBS home on elevated lot in Indialucie area of Sewall's Point. Perfect home and neighborhood for families, includes a 2 car garage with work shop, circular drive. The entryway showcases stained glass with palm tree etchings, inviting you into a living room highlighted by a classic wood-burning fireplace. Modern kitchen with Samsung SS appliances, granite countertops, large island, and passthrough to the patio. Family room w/ sliding pocket glass doors provides natural light and opens to a covered patio, pool/spa. Powder baths for guests. Main BR on 2nd floor features balcony, walk-in closet, double vanity, & sizable shower. 1st floor has 4 nice sized BR's and 2.5 baths. 2 1st floor Br's can be modified to a large main BR. Laundry room offers a versatile space for potential craft room. 2-zone ACs both replaced in 2021. Rare Sewall's Point home on sewer. Features include impact windows, hardwood flooring, crown molding, new outdoor fans, and freshly painted (2022).

Unit Size

3,243 Ft²

Days on Market

196 days

Land Size

0.45 acres

Price per sqft

$385

Property Type

House

Property Taxes

$1,013

HOA Dues

Year Built

1973

Payment Calculator

Cap Rate Calculator

Last updated: 15 days ago (MCRTC #M20042023)

Price History

Date / Event	Date	Event
May 31, 2024	Sold	Premium
Sold
Nov 17, 2023	Listed by Water Pointe Realty Group	$1,249,000
Listed by Water Pointe Realty Group
Jun 10, 2021	Sold	Premium
Sold
Feb 8, 2021	Listed by Water Pointe Realty Group	$799,900
Listed by Water Pointe Realty Group
Nov 20, 1996	Sold	Premium
Sold
Oct 1, 1972	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1973

Effective Year Built: 1988
Building Count: 1
Total Rooms: 4
Bedroom Count: 4
Bathroom Count: 4
Full Bathrooms: 4
Partial Bathrooms: 4
Building Condition: 6
Building Quality: 7
Construction Type: 4
Building Style: 0
Exterior Walls Type: 12
Interior Walls Type: 3
Roof Shape Type: 7
Roof Cover Type: 4
Floor Count: 200
Living Units: 1
Floor Cover: 9
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 650
Parking Space Count: 2
Patio Type: 59
Porch Type: 102
Pool Type: 2

Dimensions

Lot Size Square Feet: 19,558

Total Building Area: 3,893
Gross Building Area: 3,893
Building Area: 3,243
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 3,243
Heating Fuel Type: 0

Utilities

Sewer System: 2

Water Service: 3

Building

Building Type: 0

Property Class: R
Subdivision: INDIALUCIE
Land Acres: 0000000449
Standard Land Use Code: 1001
County Land Use Code: 0100
State Land Use Code: 01
Legal Description 1: INDIALUCIE LOT 9 BLK 5 OR 346/1641

Neighborhood

School District Name: Martin County School District

Census Tract: 000502

Zoning

Zoning: R1

Geography

Assessors Map Reference: SP-03

Parcel: 35-37-41-002-005-00090-0
Block: 5
Lot: 9
Meridian: SEC 35 TWN 37S RNG 41E
Latitude: 27.2037
Longitude: -80.2033

Address

Full Address: 5 Banyan Rd

Address - House Number: 5
Address - Street Name: Banyan
Address - Suffix Type: Rd
State: FL
City Name: Stuart
Carrier Code: C021
4-Digit Zip Code: 6615
Zip Code: 34996

Valuation

Tax

Tax Year: 2022

Tax Amount: $1,178,489
Tax Rate Code Area: 2200 SEWAL

Appraisal Valuation

Standard Deviation: 0.0842

Valuation Date: Mar 27, 2024
Confidence Score: 93
Final Value: 1,250,243
High Value: 1,355,588
Low Value: 1,144,899

Open Liens

Total Open Liens:

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Market Valuation

Market Total Value: $799,110

Market Land Value: $352,000
Market Improvement Value: $447,110

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $755,154

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Jun 10, 2021

Current Sale Recording Date: Jun 10, 2021
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 2894806
Previous Sale Recording Date: Nov 20, 1996
Previous Sale Amount: $175,000
Previous Sale Document Type: 71

Last Sale Mortgage

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Previous Mortgages

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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:

$2,190,000

Sale Price/ft²

$639

Below Asking

0.04%

Average Days on Market

Average Home Size

3490 ft²

Average Home Age

36.5 years

Currently For Sale

16 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

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$5,500 /mo

2 Beds
2 Baths
976 ft²

269 Ne Edgewater Drive, Stuart, FL, 34996 Listing by Elizabeth Folmar

Unit for rent at 1457 Ne Ocean Boulevard, Stuart, FL, 34996

$5,100 /mo

2 Beds
2 Baths
1,204 ft²

1457 Ne Ocean Boulevard #1, Stuart, FL, 34996 Listing by Boris Ivan Carrazana

Unit for rent at 2051 Ne Ocean Boulevard, Stuart, FL, 34996

$5,000 /mo

2 Beds
2 Baths
1,527 ft²

2051 Ne Ocean Boulevard #A12, Stuart, FL, 34996 Listing by Donna Marie DeAngelis

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Christopher Clifford, Water Pointe Realty Group
Last Updated: 15 days ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20042023

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.