$7,949,000
↓ $450K (5.4%)
●
House -
For Sale
505 SE Saint Lucie Boulevard
Stuart, FL 34996
4 Beds
6 Baths
5,809 Ft²
$44,912
Est. Monthly
$204
HOA / Fees
About This Property
Brand new custom home! Timeless modern design evokes a lifestyle of
ease and well-being, with intricate smart features and apps that
allow you to program and control the home for your unique living
style. Expansive glass doors & windows usher in natural light,
seamlessly connecting the open great room and chef's kitchen with
the outdoor space and sweeping wide river views. Wide-plank oak
floors, clean interior finishes, 2 dual climate-controlled wine
coolers w/ 430 bottle capacity, are just some of the features in
the sophisticated design of the home. 1st floor primary suite with
spa bath & 2 walk-in closets, upstairs is a Club Room which opens
to a 970 sq. ft. riverfront balcony, 3 ensuite bedrooms and a 2nd
laundry. Bring your boats/watercrafts and enjoy a brand-new dock
with covered deck area. Two oversize 2-car garages with A/C, epoxy
floors to keep your finest rides clean and cool, plus room to add
car lifts for the most discerning collector. You can have it all in
this new home!
Unit Size
5,809 Ft²
Days on Market
321 days
Land Size
1.14 acres
Price per sqft
$1,368
Property Type
House
Property Taxes
$5,677
HOA Dues
$204
Year Built
1972
Listed By
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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: 5 months ago (MCRTC #M20053037)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 26, 2026 | Price Decreased |
$7,949,000
↓ $450K
(5.4%) | |
| Price Decreased | |||
| May 8, 2026 | Price Decreased |
$8,399,000
↓ $600K
(6.7%) | |
| Price Decreased | |||
| Nov 10, 2025 | Listed by Water Pointe Realty Group | $8,999,000 | |
| Listed by Water Pointe Realty Group | |||
| Jun 24, 2025 | Price Decreased |
$9,395,000
↓ $600K
(6%) | |
| Price Decreased | |||
| Feb 3, 2025 | Listed | $9,995,000 | |
| Listed | |||
| | |||
|
Coastal luxury with exceptional construction is found in this brand-new custom home, offering sophistication with well thought-out design and architectural details. Located on 1.2+/- ac. with 153' on the St. Lucie River in the coveted Snug Harbor neighborhood with only 72 homes and easy access to the ocean and nearby private airport. Inside you are welcomed by a spacious great room, wide river views and volume ceilings. The kitchen is equipped with Thermador appliances and large walk-in pantry. Dining room is appointed with a wet bar, 2nd dishwasher, and two 215 bottle wine coolers. First-floor owners' suite is a private retreat with river views, luxurious spa bath, and 2 walk-in closets. Upstairs are 3-bedroom suites with balconies, & a spacious rec. room w/wet bar, sure to be a favorite hangout. Smartly designed with laundry on both floors, elevator, whole house generator, 2 oversized 2-car garages w/epoxy floors & A/C, outdoor kitchen, dock w/water & electric, & so much more!
| |||
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Property Highlights
Garage
Parking Available
Elevator
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Driveway, Garage, Garage Door Opener, RearSideOffStreet, TwoSpaces
Interior Details
Full Bathrooms: 6
Interior Features: Wet Bar, Breakfast Bar, Elevator, High Ceilings, Pantry, Walk-In Closet(s), Central Vacuum, BreakfastArea, Bathtub, ClosetCabinetry, SeparateFormalDiningRoom, DualSinks, FrenchDoorsAtriumDoors, JettedTub, PrimaryDownstairs, LivingDiningRoom, SplitBedrooms, SeparateShower, TubShower
Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer
Flooring Type: Tile, Wood
Laundry Features: LaundryTub
Rooms: 10
Has Fireplace
Fireplace Features: Gas
Exterior Details
Square Footage: 5809
Square Footage Source: $0
Security Features: Security System Owned, Smoke Detector(s)
Property Condition: New Construction
Architectural Style: Contemporary
Year Built: 2024
Waterfront Features: Ocean Access, River Front, Seawall
Window Features: ImpactGlass
Construction Materials: Block, Concrete
Patio and Porch Features: Covered, Patio, Balcony, Open
Pool Features: Pool/Spa Combo, Concrete
Pool is Private
Lot Features: SprinklersAutomatic
Lot Size Area: 1.14
Lot Size Units: Acres
Lot Size Acres: 1.14
Lot Size Square Feet: 49658.4
Lot Size Dimensions: 151WFX353X153X349
Water Source: Public
Financial Details
Tax Annual Amount: $68,119
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s), Electric, Zoned
Heating Type: Central, Electric, Zoned
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: CommonAreas, RecreationFacilities
HOA Fee: $204
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: Debra Duvall, Water Pointe Realty Group
Last Updated: 5 months ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20053037
Last Updated: 5 months ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20053037
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.
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