tomo logo

$5,450,000

Beds
3
Baths
4.5
sq ft
4,146

116 S Sewalls Point Rd, Stuart, FL 34996

116 S Sewalls Point Rd

Sewalls Point, FL 34996

  • 2 days on market
Coastal Elegance Redefined - A Waterfront Masterpiece in Sewall's Point. Nestled along 132 feet of breathtaking turquoise blue Intracoastal waters on just under an acre, this estate is a true architectural gem, reimagined in a Hamptons-meets-California style by the renowned Kelly & Kelly Architects. Over the course of a meticulous three-year renovation, this estate has been completely transformed, offering an exquisite blend of timeless sophistication and modern luxury, all with unparalleled views of Bird Island.Designed for effortless waterfront living, this home has been rebuilt from the ground up, featuring block construction on the lower level and HardiePlank siding on the main level. All-new impact glass doors and windows, a reinforced garage door, new electrical,

Details

Property type

Single Family Residence

Est. home value

$2,664,569

Lot size

0.85 acres

Price per sq ft

$1,315

Year built

1986

Annual property taxes

$34,069

Price History

03/13/2025
Beaches

Beaches #R11071303

Listed
$5,450,000
+150.57%
12/29/2021
Beaches

Beaches #R10759571

Sold
$2,175,000

Schools & Community

Elementary school: 

Felix A. Williams

Middle school: 

Stuart

High school: 

Jensen Beach

Community features: 

Park

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$3,598,167
Asking price
$5,450,000
Closing costs (~8% of asking)
-$436,000
Est. remaining loan balance
-$1,415,833
Cash to seller
$3,598,167

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Primelending

Loan start date

December 2021

Original loan amount

$1,520,000

Est. remaining balance

$1,415,833

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Robert J Condon and Ellice Condon

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/15/2025 at 11:30 AM

Listing updated: 03/14/2025 at 2:56 PM

Listed by: Kim Spears, Douglas Elliman Phone #: (561) 655-8600

MLS: Beaches #R11071303

Beaches logo

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