See Home Value
$3,950,000
● House - Off Market

5543 SE Reef Way

Stuart, FL 34997
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,735 Ft²
$24,778
Est. Monthly
$84
HOA / Fees

About This Property

Welcome to THE REEF a sanctuary of luxury & tranquility in one of Rocky Point's most sought-after gated communities.

This completely renovated home overlooks the pristine Intercoastal Waterway w/breathtaking views of Sailfish Point & the St. Lucie Inlet Preserve State Park. Step inside & discover refined elegance & contemporary sophistication, impeccable craftsmanship & timeless charm. Splash in the newly renovated pool w/all-new equipment & embrace the natural beauty of a thriving ecosystem w/playful dolphins, gentle manatees, and elegant blue herons. Watch turtles bask in the warm Florida sun and spoonbills wade in the shallows. Adventure seekers can glide along on a paddleboard, explore hidden coves in a kayak, or embark on leisurely excursions aboard a small skiff.  Fishing enthusiasts cast a line off the dock or take a short boat ride to the ocean. Indulge in the ultimate waterfront lifestyle where every day celebrates natural beauty, unparalleled luxury & boundless adventure.
Unit Size
4,735 Ft²
Days on Market
105 days
Land Size
0.88 acres
Price per sqft
$924
Property Type
House
Property Taxes
$3,212
HOA Dues
$84
Year Built
2005

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Last updated: 15 days ago (MCRTC #M20045138)

Price History

Date / Event Date Event Price
Sep 6, 2024 Sold
Sold
May 24, 2024 Listed by New Wave Real Estate Group Inc $4,375,000
Listed by New Wave Real Estate Group Inc
Welcome to a sanctuary of luxury and tranquility in one of Rocky Point's most sought-after communities. Nestled within a gated enclave, rarely do homes come on the market at THE REEF. This is your chance to call this completely renovated home yours. Overlooking the pristine Intercoastal Waterway with breathtaking views of Sailfish Point and the St. Lucie Inlet Preserve State Park, and a quick boat ride to the ocean .This waterfront haven offers the ultimate coastal living experience. Step inside to discover refined elegance and contemporary sophistication. This home showcases impeccable craftsmanship and timeless charm. Discover the ultimate culinary luxury in this renovated chef's kitchen featuring top-of-the-line Thermador appliances. Enjoy a professional-grade gas range, spacious refrigerator, and high-performance dishwasher, all seamlessly integrated into the open-concept design. Expansive quartzite countertops and custom cabinetry provide ample workspace and storage. The kitchen's charm is enhanced by stunning intercoastal views from oversized windows, offering a serene backdrop for meal preparation or morning coffee. This kitchen is perfect for creating, entertaining, and enjoying fine living. The home features luxurious, wide, wood-like plank floors to add to the sophistication. The heart of the house is a newly renovated saltwater pool with a full cabana bath featuring a steam shower, inviting you to unwind in style. Additionally, the property includes 16,000lb and 24,000lb boat lifts replaced in 2021, a dock with electric and water hookups, and a fish cleaning station. With three recently replaced air conditioners, two tankless water heaters, and an air-conditioned garage, comfort is guaranteed. Conveniently located just 5.8 miles from Stuart Executive Airport with a US customs office, 40 miles from the Kravis Center for the Performing Arts, and 42 miles from Palm Beach International Airport, this home offers the perfect blend of luxury, convenience, and elegance.
Mar 5, 2021 Sold
Sold
Oct 20, 2020 Listed by Waterfront Properties Inc $2,350,000
Listed by Waterfront Properties Inc
Occupying one of the most beautiful locations at the mouth of the Intracoastal Waterway, just minutes from the St Lucie Inlet, this gorgeous 4 bedroom/4.5 bath home embraces one of the most tranquil wide water views you'll ever see! Recently Dredged for to 4.5-5ft low tide. Spacious rooms, with luxurious marble floors sweep through this house with walls of windows that open to the incomparable pool/spa area in its resort-like setting! A kitchen that will please the finest of chefs has a gas range, 2 wall ovens, Sub Zero refrigerator with granite and custom cabinets open to a spectacular family room that in turn opens to a huge summer kitchen where you'll surely spend many a happy hour! The soaring living room with its second floor gallery leads upstairs to an enormous bonus room with unlimited potential - think home theater, play room, studio, and views almost all the way to the ocean! Master bedroom on first floor has an amazing bathroom and closets.
Oct 10, 2020 No longer available -
No longer available
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Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 1
  • 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: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 962
  • Parking Space Count: 4
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 75

    Dimensions

  • Lot Size Square Feet: 38,246
  • Total Building Area: 4,735
  • Gross Building Area: 4,735
  • Building Area: 4,735
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,735
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 2
  • Water Service: 3

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE REEF (AKA COLONY OF ROCKY POINT)
  • Land Acres: 0000000878
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: THE REEF LOT 11

Neighborhood

  • School District Name: Martin County School District
  • Census Tract: 001302

Zoning

  • Zoning: RS3

Geography

  • Assessors Map Reference: HG-54
  • Parcel: 48-38-41-270-000-00110-3
  • Lot: 11
  • Meridian: SEC 48 TWN 38S RNG 41E
  • Latitude: 27.1604
  • Longitude: -80.1799

    Address

  • Full Address: 5543 Se Reef Way
  • Address - House Number: 5543
  • Street Direction: SE
  • Address - Street Name: Reef
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Stuart
  • Carrier Code: R001
  • 4-Digit Zip Code: 2560
  • Zip Code: 34997

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,362,772
  • Tax Rate Code Area: 9009 SOUTH

    Appraisal Valuation

  • Standard Deviation: 0.1878
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 75
  • Final Value: 3,026,889
  • High Value: 3,595,353
  • Low Value: 2,458,426

    Market Valuation

  • Market Total Value: $2,396,360
  • Market Land Value: $1,045,000
  • Market Improvement Value: $1,351,360

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,225,346

    Sales

  • Current Sale Contract Date: Mar 01, 2021
  • Current Sale Recording Date: Mar 05, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2872651
  • Previous Sale Recording Date: Jun 26, 2018
  • Previous Sale Contract Date: Apr 11, 2018
  • Previous Sale Amount: $1,450,000
  • 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 Port Salerno


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Frequently Asked Questions

When was property at 5543 Southeast Reef Way built and last sold?
The property at 5543 Southeast Reef Way was built in 2005 and last sold on Mar 1, 2021 for $2,275,000.
How much is this home worth?
The estimated value of the home located at 5543 Southeast Reef Way is $4,074,453.
What are some comparable homes to 5543 Southeast Reef Way?
There are currently no comparable homes to 5543 Southeast Reef Way.

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