See Home Value
Stuart 34994
508 SE Balboa Avenue
$575,000
● House - Off Market

508 SE Balboa Avenue

Stuart, FL 34994
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,785 Ft²
$3,181
Est. Monthly
5.20%
Cap Rate

About This Property

Charming Old Florida Gem in Downtown Stuart! Step into the charm of 1930s Florida with this beautifully renovated Hemingway-style pool home in the heart of Downtown Stuart. From the inviting wrap-around porch with swing, to the warm wood floors, every detail exudes timeless appeal. The updated kitchen is perfect for modern living, while the expansive pool deck & lushly landscaped lot offer a private oasis with mature trees, butterfly garden & complete privacy. The 1st floor master suite features a spa-like bath with a double vanity, separate shower & soaking tub. Upstairs, two spacious guest rooms open to a covered patio where you can enjoy river breezes & relax in comfort. Recent updates include a 2019 roof, new appliances, new hot water heater, fenced yard and pool pump. Less than a mile to Downtown Stuart this is the best location- shopping, dining, and the beaches are just minutes away!! Don't miss this rare opportunity to own a piece of Old Florida with modern comforts.
Unit Size
1,785 Ft²
Days on Market
211 days
Land Size
0.22 acres
Price per sqft
$336
Property Type
House
Property Taxes
$240
HOA Dues
-
Year Built
1930

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Last updated: 16 days ago (MCRTC #M20048583)

Price History

Date / Event Date Event Price
Aug 14, 2025 Sold
Sold
Jul 2, 2025 In contract -
In contract
Jun 4, 2025 Price Decreased $599,000
↓ $26K (4.2%)
Price Decreased
Apr 29, 2025 Price Decreased $625,000
↓ $24K (3.7%)
Price Decreased
Mar 17, 2025 Price Decreased $649,000
↓ $26K (3.9%)
Price Decreased
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Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 4
  • Building Style: 31
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 1,785
  • Gross Building Area: 1,785
  • Building Area: 1,785
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,785
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 2
  • Water Service: 3

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STYPMANN PARK
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 10
  • Legal Description 1: LOT 1 BLK 3 STYPMANN PARK 1ST ADDITION & REVISED PLAT (PB 1 PG 29) AND LOT 1 BLK 5 HIGHLANDS 1ST ADDITION (PB 1 PG 18) (LESS THE NORTHERN 65 FT THEREOF) AND LOT 4 BLK 3 STYPMANN PARK 1ST ADDITION & REVISED (PB 1 PG 29)

Neighborhood

  • School District Name: Martin County School District
  • Census Tract: 000800

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 0-04B
  • Parcel: 04-38-41-021-003-00010-3
  • Block: 3,5
  • Lot: 1
  • Meridian: SEC 4 TWN 38S RNG 41E
  • Latitude: 27.1962
  • Longitude: -80.2411

    Address

  • Full Address: 508 Se Balboa Ave
  • Address - House Number: 508
  • Street Direction: SE
  • Address - Street Name: Balboa
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Stuart
  • Carrier Code: C004
  • 4-Digit Zip Code: 2316
  • Zip Code: 34994

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $269,234
  • Tax Rate Code Area: 3100 STUAR

    Appraisal Valuation

  • Standard Deviation: 0.0834
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 93
  • Final Value: 163,015
  • High Value: 176,617
  • Low Value: 149,413

    Market Valuation

  • Market Total Value: $387,440
  • Market Land Value: $161,500
  • Market Improvement Value: $225,940

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $186,183

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 11, 2014
  • Current Sale Recording Date: Jul 21, 2014
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2467001
  • Previous Sale Recording Date: Jun 24, 2009
  • Previous Sale Contract Date: Jun 16, 2009
  • Previous Sale Amount: $184,000
  • Previous Sale Document Type: 68
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

About Stuart


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Nearby Rentals

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1841 Se Roxy Way, Stuart, FL, 34996 Listing by Sam Elias
Unit for rent at 827 Se 6th Street, Stuart, FL, 34994

$3,000 /mo

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827 Se 6th Street, Stuart, FL, 34994 Listing by Faith Coleman
Unit for rent at 975 Nw Flagler Avenue, Stuart, FL, 34994

$3,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,082 ft²
975 Nw Flagler Avenue #403, Stuart, FL, 34994 Listing by Teresa Y. Cooper


Frequently Asked Questions

When was property at 508 Southeast Balboa Avenue built and last sold?
The property at 508 Southeast Balboa Avenue was built in 1930 and last sold on Jul 11, 2014 for $229,900.
How much is this home worth?
The estimated value of the home located at 508 Southeast Balboa Avenue is $0.
What are some comparable homes to 508 Southeast Balboa Avenue?
There are currently no comparable homes to 508 Southeast Balboa Avenue.