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Martin 33455
8982 SE Eldorado Way
$380,000
● House - Off Market

8982 SE Eldorado Way

Hobe Sound, FL 33455
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,988 Ft²
$627,857
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model

About This Property

First time on the market! Beautifully  updated 3/2 + den DiVosta home, immaculately maintained by 1 owner in one of the most desirable non-gated communities in Martin County. New granite and stainless steel appliances in kitchen, updated baths with granite ocunters and huge master shower. Plantation shutters and crown molding throughout. Large screen enclosure and sliding doors off the master lead to the spacious backyard with tranquil preserve views. Plenty of room for a pool.
Unit Size
1,988 Ft²
Days on Market
44 days
Land Size
0.19 acres
Price per sqft
$199
Property Type
House
Property Taxes
$290
HOA Dues
$272
Year Built
2002

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 9 months ago (Beaches MLS #R10360914)

Price History

Date / Event Date Event Price
Feb 2, 2022 Sold
Premium
Sold
Jan 6, 2022 No longer available -
No longer available
Dec 20, 2021 Listed by Sutter & Nugent LLC $526,000
Listed by Sutter & Nugent LLC
Nov 15, 2021 Sold
Premium
Sold
Oct 6, 2017 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0
  • Location Influence Type: 211

    Dimensions

  • Lot Size Square Feet: 8,102
  • Total Building Area: 2,429
  • Gross Building Area: 2,429
  • Building Area: 1,988
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,988
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE RETREAT
  • Land Acres: 0000000186
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: LOT 99 PHASE 1E-2 RETREAT - PUD (PB 15 PG 21)

Neighborhood

  • School District Name: Martin County School District
  • Census Tract: 001108

Zoning

  • Zoning: PUDR

Geography

  • Assessors Map Reference: 93
  • Parcel: 11-39-41-001-000-00990-0
  • Lot: 99
  • Meridian: SEC 11 TWN 39S RNG 41E
  • Latitude: 27.0937
  • Longitude: -80.2109

    Address

  • Full Address: 8982 Se Eldorado Way
  • Address - House Number: 8982
  • Street Direction: SE
  • Address - Street Name: Eldorado
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Hobe Sound
  • Carrier Code: R021
  • 4-Digit Zip Code: 8920
  • Zip Code: 33455

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $778,544
  • Tax Rate Code Area: 9009 SOUTH

    Appraisal Valuation

  • Standard Deviation: 0.2046
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 72
  • Final Value: 663,582
  • High Value: 799,369
  • Low Value: 527,795

    Market Valuation

  • Market Total Value: $488,730
  • Market Land Value: $220,000
  • Market Improvement Value: $268,730

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $488,730
  • Assessed Land Value: $220,000
  • Assessed Improvements Value: $268,730

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 31, 2022
  • Current Sale Recording Date: Feb 02, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2940281
  • Previous Sale Recording Date: Nov 15, 2021
  • Previous Sale Contract Date: Nov 11, 2021
  • Previous Sale Amount: $514,400
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

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

About Martin

Stats & Trends

Median Asking:

$499,700

Sale Price/ft²

$285

Below Asking

0.03%

Average Days on Market

80

Average Home Size

2094 ft²

Average Home Age

32.9 years

Currently For Sale

1654 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

Rentals Near You

Click here to view more rentals in the neighborhood.
BEACHES

Listed by: Candice Kirkland
Sutter & Nugent LLC
Last Updated: 9 months ago
Data Source: Beaches MLS, MLS# R10360914
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.

Frequently Asked Questions

When was property at 8982 Southeast Eldorado Way built and last sold?
The property at 8982 Southeast Eldorado Way was built in 2002 and last sold on Jan 31, 2022 for $553,000.
How much is this home worth?
The estimated value of the home located at 8982 Southeast Eldorado Way is $0.
What are some comparable homes to 8982 Southeast Eldorado Way?
There are currently no comparable homes to 8982 Southeast Eldorado Way.
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