S
Seller's Agent in 2025
Shari Hoffman
One Sotheby's International Realty
(772) 324-9499
2 in this area
23 Total Sales
1328 SW Estates Place Palm City, FL 34990
Estimated Value: $1,737,000 - $1,758,760
0.76
Acre
$2,287,801
Price per Acre
33,280
Sq Ft Lot
Highlights
- Property has ocean access
- Boat Dock
- Boat Ramp
- Bessey Creek Elementary School Rated A-
- Home fronts navigable water
- Gated Community
About This Lot
As of January 2025Welcome to your own private Paradise! This breathtaking waterfront lot offers a rare opportunity to build your dream home in Bay Pointe Estates, one of Palm City's most exclusive gated waterfront communities. Tucked away on a quiet cul-de-sac with panoramic views of the majestic St. Lucie River this spacious 3/4 acre lot boasts 150 feet of deep water frontage! Outdoor enthusiasts will find the location ideal for boating, fishing, & all your favorite water sports. Private dock houses 1 slip which can accommodate a large boat possibly 50-60 feet & 2 boat lifts which can accommodate boats of @ 25 & 40 feet. This stunning lot provides the perfect blend of natural preserve beauty & privacy, while still being just a short boat ride to beautiful sandbars, waterfront dining & the open waters of the St. Lucie Inlet. Just minutes to boutique shopping, amazing restaurants, museums & all that Historic Downtown Stuart has to offer! Call today for your private showing of this magnificent property.
Last Listed By
One Sotheby's International Realty Brokerage Phone: 772-324-9499 License #3286770 Listed on: 10/20/2024
Property Details
Property Type
- Land
Est. Annual Taxes
- $22,411
Year Built
- 2003
Lot Details
- 0.76 Acre Lot
- Home fronts navigable water
- Property fronts a private road
- Cul-De-Sac
- Landscaped with Trees
HOA Fees
- $1,016 Monthly HOA Fees
Property Views
- River Views
- Views of Preserve
Schools
- Bessey Creek Elementary School
- Hidden Oaks Middle School
- Martin County High School
Utilities
- Power Generator
Listing and Financial Details
- Tax Lot 33
Community Details
Overview
- Association fees include management, common areas, ground maintenance, security
- Association Phone (772) 600-8900
Recreation
- Boat Dock
- Property has ocean access
- River Access
- Rip-Rap
- Boat Ramp
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 20, 2024
Closed on
Jan 23, 2025
Sold by
Family Altar Of The Air Inc
Bought by
Michael J Matakaetis Revocable Trust and Matakaetis
Seller's Agent
Shari Hoffman
One Sotheby's International Realty
Buyer's Agent
Danielle Miller
The Brokerage Treasure Coast
List Price
$2,200,000
Sold Price
$1,750,000
Premium/Discount to List
-$450,000
-20.45%
Total Days on Market
82
Views
9
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,120
Avg. Annual Appreciation
-0.48%
Purchase Details
Listed on
Dec 9, 2013
Closed on
Jun 12, 2014
Sold by
Elliott Sharon M
Bought by
Elliott David A
Seller's Agent
Betsey Kohlus
Inactive member
Buyer's Agent
Betsey Kohlus
Inactive member
List Price
$2,595,000
Sold Price
$1,995,000
Premium/Discount to List
-$600,000
-23.12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.23%
Purchase Details
Closed on
Sep 23, 2013
Sold by
Elliott David A and Elliott Sharon M
Bought by
Elliott Sharon M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,326,000
Interest Rate
4.57%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Oct 19, 2000
Sold by
Yager Dexter and Yager Birdie
Bought by
Elliott David A and Elliott Sharon M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.96%
Purchase Details
Closed on
Mar 23, 1994
Sold by
Harber Walter L
Bought by
Yager Dexter and Yager Birdie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
7.2%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Michael J Matakaetis Revocable Trust | $1,750,000 | None Listed On Document | |
| Elliott David A | $1,995,000 | Attorney | |
| Elliott Sharon M | -- | Attorney | |
| Elliott David A | $690,000 | -- | |
| Yager Dexter | $625,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Elliott Sharon M | $1,326,000 | |
| Previous Owner | Elliott David A | $1,114,000 | |
| Previous Owner | Elliott David A | $150,000 | |
| Previous Owner | Elliott David A | $404,992 | |
| Previous Owner | Elliott David A | $1,000,000 | |
| Previous Owner | Elliott David A | $1,350,000 | |
| Previous Owner | Yager Dexter | $500,000 | |
| Previous Owner | Yager Dexter | $325,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/23/2025 01/23/25 | Sold | $1,750,000 | -20.5% | $240 / Sq Ft |
| 01/10/2025 01/10/25 | Pending | -- | -- | -- |
| 12/21/2024 12/21/24 | For Sale | $2,200,000 | 0.0% | $302 / Sq Ft |
| 11/27/2024 11/27/24 | Pending | -- | -- | -- |
| 10/20/2024 10/20/24 | For Sale | $2,200,000 | +10.3% | $302 / Sq Ft |
| 06/12/2014 06/12/14 | Sold | $1,995,000 | -23.1% | $270 / Sq Ft |
| 05/13/2014 05/13/14 | Pending | -- | -- | -- |
| 12/09/2013 12/09/13 | For Sale | $2,595,000 | -- | $351 / Sq Ft |
Source: Martin County REALTORS® of the Treasure Coast
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $22,411 | $1,168,294 | -- | -- |
| 2023 | $22,411 | $1,062,086 | $0 | $0 |
| 2022 | $42,865 | $2,284,513 | $0 | $0 |
| 2021 | $36,333 | $2,076,830 | $847,000 | $1,229,830 |
| 2020 | $35,165 | $1,996,570 | $847,000 | $1,149,570 |
| 2019 | $34,512 | $1,935,070 | $770,000 | $1,165,070 |
| 2018 | $34,085 | $1,922,350 | $715,000 | $1,207,350 |
| 2017 | $30,617 | $1,813,130 | $715,000 | $1,098,130 |
| 2016 | $31,477 | $1,833,770 | $863,500 | $970,270 |
| 2015 | -- | $1,735,090 | $759,000 | $976,090 |
| 2014 | -- | $1,744,260 | $759,000 | $985,260 |
Source: Public Records
Agents Affiliated with this Home
-
Shari Hoffman
-
Danielle Miller
Buyer's Agent in 2025
Danielle Miller
The Brokerage Treasure Coast
(772) 260-2537
66 in this area
146 Total Sales
-
B
Seller's Agent in 2014
Betsey Kohlus
Inactive member
-
Heidi Wicky
H
Buyer Co-Listing Agent in 2014
Heidi Wicky
Sotheby's Intl. Realty, Inc.
(561) 601-0006
20 Total Sales
Map
Source: Martin County REALTORS® of the Treasure Coast
MLS Number: M20047129
APN: 06-38-41-010-000-00330-0
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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 Ten-X 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 2025 Realtor® Association of Martin County, Inc. MLS. All rights reserved.
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