When was property at 5495 Southeast Reef Way built and last sold?

The property at 5495 Southeast Reef Way was built in 1996 and last sold on Mar 31, 2021 for $497,000.

How much is this home worth?

The estimated value of the home located at 5495 Southeast Reef Way is $481,891.

What are some comparable homes to 5495 Southeast Reef Way?

There are currently no comparable homes to 5495 Southeast Reef Way.

Port Salerno

34997

Port Salerno

5495 SE Reef Way

Sold on Feb 8, 2019

Map

Video Tour

$430,000

● House - Off Market

5495 SE Reef Way

Stuart, FL 34997

3 Beds

2 Baths, 1 Half Bath

2,156 Ft²

$702,019

RealtyHop Estimate

50.97%

Since Mar 1, 2019

National-US

Primary Model

About This Property

MAJOR PRICE REDUCTION! Discover this lovely, CBS, 3 bedroom, 2.5 bath pool home situated on a premium lot in the gated waterfront enclave of THE REEF located in Rocky Point. This beautifully maintained and perfectly appointed home boasts a split floor plan, volume ceilings, open kitchen to family room, granite counter-tops and stainless steel appliances. Walls of sliding glass doors allow for abundant natural light bringing the outdoors in and opens to a tropical oasis. The screened enclosed pool and patio area allow for the best of Florida outdoor living and entertaining complete with a waterfall feature, paver stones, generous covered lanai, lush landscape and private setting. Custom window treatments, tray ceilings, roll down shades, paver stone driveway, partial impact windows, invisible fence and over sized garage are just some of the added features included in this home. The community offers tennis courts and close proximity to parks, schools, shopping, resturants and I-95.

Unit Size

2,156 Ft²

Days on Market

200 days

Land Size

Price per sqft

$216

Property Type

House

Property Taxes

$360

HOA Dues

$83

Year Built

1996

Payment Calculator

Cap Rate Calculator

Last updated: 2 months ago (MCRTC #M20012872)

Price History

Date / Event	Date	Event
Apr 1, 2021	Sold	Premium
Sold
Feb 13, 2019	Sold	Premium
Sold
Jul 23, 2018	Listed by Premier Realty Group Inc	$465,000
Listed by Premier Realty Group Inc

Property Highlights

Air Conditioning

Garage

Building Info

Overview

General

Year Built: 1996

Effective Year Built: 1996
Building Count: 1
Total Rooms: 3
Bedroom Count: 3
Bathroom Count: 3
Full Bathrooms: 2
Partial Bathrooms: 3
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: 100
Living Units: 1
Floor Cover: 9
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 556
Parking Space Count: 2
Patio Type: 59
Porch Type: 102
Pool Type: 8

Dimensions

Lot Size Square Feet: 16,858

Total Building Area: 2,712
Gross Building Area: 2,712
Building Area: 2,156
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 2,156
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: THE REEF (AKA COLONY OF ROCKY POINT)
Land Acres: 0000000387
Standard Land Use Code: 1001
County Land Use Code: 0100
State Land Use Code: 01
Legal Description 1: THE REEF LOT 9

Neighborhood

School District Name: Martin County School District

Census Tract: 001302

Zoning

Zoning: RS4

Geography

Assessors Map Reference: HG-54

Parcel: 48-38-41-270-000-00090-7
Lot: 9
Meridian: SEC 48 TWN 38S RNG 41E
Latitude: 27.1599
Longitude: -80.1808

Address

Full Address: 5495 Se Reef Way

Address - House Number: 5495
Street Direction: SE
Address - Street Name: Reef
Address - Suffix Type: Way
State: FL
City Name: Stuart
Carrier Code: R001
4-Digit Zip Code: 2558
Zip Code: 34997

Valuation

Tax

Tax Year: 2022

Tax Amount: $895,159
Tax Rate Code Area: 9009 SOUTH

Appraisal Valuation

Standard Deviation: 0.2048

Valuation Date: Jan 27, 2024
Confidence Score: 72
Final Value: 775,120
High Value: 933,942
Low Value: 616,298

Market Valuation

Market Total Value: $567,700

Market Land Value: $225,000
Market Improvement Value: $342,700

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $567,700
Assessed Land Value: $225,000
Assessed Improvements Value: $342,700

Exemptions

Veteran Exemption: Yes

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Mar 31, 2021

Current Sale Recording Date: Apr 01, 2021
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 2878508
Previous Sale Recording Date: Feb 13, 2019
Previous Sale Contract Date: Feb 06, 2019
Previous Sale Amount: $430,000
Previous Sale Document Type: 71

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Port Salerno

Stats & Trends

Median Asking:

$374,900

Sale Price/ft²

$256

Below Asking

0.02%

Average Days on Market

Average Home Size

1499 ft²

Average Home Age

37.3 years

Currently For Sale

98 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

Unit for rent at 4695 Se Manatee Way, Stuart, FL, 34997

$6,800 /mo

3 Beds
2 Baths
1,764 ft²

4695 Se Manatee Way, Stuart, FL, 34997 Listing by Hunter Watley

Unit for rent at 4662 Se Manatee Way, Stuart, FL, 34997

$6,500 /mo

3 Beds
2 Baths
1,764 ft²

4662 Se Manatee Way, Stuart, FL, 34997 Listing by Hunter Watley

Unit for rent at 4680 Se Manatee Way, Stuart, FL, 34997

$6,500 /mo

3 Beds
2 Baths
1,764 ft²

4680 Se Manatee Way, Stuart, FL, 34997 Listing by Hunter Watley

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Jacqueline Regante-Costanzo, Premier Realty Group Inc
Last Updated: 2 months ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20012872

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.