17
Map
$1,910,000
●
House -
Off Market
73 S River Road
Stuart, FL 34996
4 Beds
3 Baths,
1
Half Bath
3,809 Ft²
$2,956,134
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model
About This Property
Beautiful Sewall's Point is a special place to those that are privy
to one of Stuart's best kept secrets! Located just north of
renowned Palm Beach, Sewall's Point is it's own barrier island
situated between the St. Lucie River and the Indian River Lagoon in
Martin County, Florida. Voted Coastal Living's happiest seaside
town, we are a nationally recognized Tree City and an Audubon
Society Certified Bird Sanctuary. We love our wildlife and our
trees and carefully protect them.
Here is a unique opportunity to build your dream home or finish the remodel on this acre plus, waterfront estate lot. Plans have already been completed and demolition started. With high elevation and breathtaking sunsets, this lot was once part of the historical Carnegie Estate. Deep water dock with 30,000 pound lift for large vessels. Only minutes to the inlet and the best offshore fishing known to South Florida. That's where we get the name "Sailfish Capital of the World". Your dream home awaits!
Here is a unique opportunity to build your dream home or finish the remodel on this acre plus, waterfront estate lot. Plans have already been completed and demolition started. With high elevation and breathtaking sunsets, this lot was once part of the historical Carnegie Estate. Deep water dock with 30,000 pound lift for large vessels. Only minutes to the inlet and the best offshore fishing known to South Florida. That's where we get the name "Sailfish Capital of the World". Your dream home awaits!
Unit Size
3,809 Ft²
Days on Market
10 days
Land Size
1.05 acres
Price per sqft
$591
Property Type
House
Property Taxes
$2,535
HOA Dues
-
Year Built
1979
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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: 17 days ago (MCRTC #M20027096)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 8, 2021 | Sold | ||
| Sold | |||
| Dec 21, 2020 | Listed by Douglas Elliman (Jupiter) | $2,250,000 | |
| Listed by Douglas Elliman (Jupiter) | |||
| Jul 5, 2017 | Sold | ||
| Sold | |||
| Mar 1, 2016 | Listed by Berkshire Hathaway Florida Realty | $2,295,000 | |
| Listed by Berkshire Hathaway Florida Realty | |||
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Serious Boater's Dream! Elegant wide-waterfront estate in South Sewall's Point featuring deep water dock only minutes from the inlet and offshore fishing plus high elevation, breathtaking sunset views, and golf cart path to the dock for easy loading and unloading. Tastefully designed 4 BR/3.5 BA/2 CG pool home with den and 2 fireplaces on over 1 acre of meticulously manicured grounds offering a granite lined grey stone driveway, mature landscape, Chicago Brick walkways, and tumbled marble patio. Numerous updates include newer roof A/C systems, appliances, windows, French doors, and hand-scraped wood flooring in the Master Bedroom. Exceptionally well maintained home located on part of the original Carnegie Family Plantation. Go to https://www.youtube.com/watch?v=fKCEVzTlm8s&feature=youtu.be for video. Contact me now for more info and to arrange a private showing of your new home.
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Sewall's Point
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Listed by: Kimberly Spears, Douglas Elliman (Jupiter)
Last Updated: 17 days ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20027096
Last Updated: 17 days ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20027096
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.
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