Located in the exclusive golf community of Mariner Sands Country
Club, this 3-bedroom, 4-bath home offers spectacular water & golf
course views in a serene park-like setting. The expansive outdoor
living area features a pool & separate jacuzzi with a large patio
designed to take full advantage of the breathtaking scenery.
Inside, the home offers a spacious and inviting layout with
separate living and dining rooms, and an oversized family room
highlighted by a fireplace and beautiful cypress tray ceiling. The
generous primary suite features a large walk-in closet and a
spacious bath with dual vanities, soaking tub, and walk-in shower.
With an exceptional layout, generous living spaces, and
breathtaking views, this residence offers the perfect canvas to
create something truly special. Homes with views and settings like
this are rare - bring your vision and create a truly remarkable
residence in one of the most sought-after communities on the
Treasure Coast. Please note, pendant lights in living and
dining rooms do not convey. Residents of Mariner Sands enjoy two
championship 18-hole golf courses, Har-Tru tennis courts,
pickleball, croquet, and a state-of-the-art fitness center. The
community also features a resort-style pool with a separate lap
pool, along with the Sand Bar offering exceptional indoor and
outdoor casual dining. The spectacular new clubhouse provides both
fine and casual dining, along with weekly social events and happy
hours. Additional amenities include a dog park, playground, spa,
and nail salon-all just minutes from pristine beaches and charming
downtown Stuart. Social membership is required with a one-time
capital contribution of $50,000 due at closing. Golf membership is
separate and optional.
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.
HOA/Condo/Coop Amenities: Basketball Court, Clubhouse, Dog Park, Fitness Center, Golf Course, Gated, Management, Playground, Pool, Security, Tennis Court(s), BocceCourt, Library, Pickleball, PuttingGreens, Restaurant
HOA Fee: $1,553
HOA Fee Frequency: Monthly
Building Info
Overview
General
Year Built:
1986
Effective Year Built:
1986
Building Count:
1
Total Rooms:
3
Bedroom Count:
3
Bathroom Count:
3
Full Bathrooms:
2
Partial Bathrooms:
3
Building Condition:
6
Building Quality:
4
Construction Type:
6
Building Style:
0
Exterior Walls Type:
18
Interior Walls Type:
3
Roof Shape Type:
7
Roof Cover Type:
13
Floor Count:
100
Living Units:
1
Floor Cover:
9
Basement Type:
0
Basement Area:
0
Garage Type:
1
Garage Square Area:
578
Parking Space Count:
2
Patio Type:
0
Porch Type:
102
Pool Type:
2
Dimensions
Lot Size Square Feet:
19,602
Total Building Area:
3,497
Gross Building Area:
3,497
Building Area:
2,919
Building Area Measurement:
L
Heating and Cooling
Fireplace Count:
1
Air Conditioning:
1
Heating:
3
Heated Square Feet:
2,919
Heating Fuel Type:
0
Utilities
Sewer System:
0
Water Service:
0
Building
Building Type:
0
Property Class:
R
Subdivision:
MARINER SANDS
Land Acres:
0000000450
Standard Land Use Code:
1001
County Land Use Code:
0100
State Land Use Code:
01
Legal Description 1:
LOT 15 BLOCK W MARINER SANDS PLAT NO 6 ACCORDING TO THE PLAT THEREOF RECORDED IN PLAT BOOK 9 PAGE 91 PUBLIC RECORDS MARTIN COUNTY FLORIDA
Neighborhood
School District Name:
Martin County School District
By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from realtor.com and others about your inquiry and other home-related matters, but not as a condition of purchase (More...)California Privacy Notice
By submitting your information, you agree RealtyHop can share your information with its network of real estate &
mortgage professionals (or through their agents) and consent to receive marketing emails, calls, & texts related
to your inquiry (including via automatic telephone dialing system, or artificial or pre-recorded voice technology)
from Movoto or their affiliates to the email address or number you provided.
By proceeding, you agree to our Terms of Service. California Privacy Notice
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017