BAYVIEW AT INDIAN RIVER P

5800 NE Island Cove Way # 2407, Hutchinson Island FL 34996

2 beds · 2 baths · 1,204 ft²

Closed

$6,500

44.44%

Est. Payment $35/mo

MLS Sheet Video

Bedrooms

Bathrooms

1,204

Sq. Ft.

1997

Year Built

206

Days on Market

Description

AVAILABLE SEASON 2024 OR ANNUALLY starting August 2023. Designer decorated penthouse riverfront condo in Bayview can be yours! This condo is being freshly painted & outfitted with all new designer furnishings. Come see what it's like to live the island life & enjoy panoramic views of the Intracoastal & Atlantic Ocean. This condo offers deeded beach access, heated pool, gym, security gate, in-unit laundry, home office, an elevator, bicycle storage & has a private storage closet for your beach gear. Bayview is situated in the heart of Indian River Plantation on Hutchinson Island, only a short drive to both downtown Stuart & Jensen Beach. Both towns offer quaint boutiques & fabulous dining options. Call to see this beautiful condo in person.

Facts

MLS#: A11238714
Subdivision: BAYVIEW AT INDIAN RIVER P
Property Type: Residential Lease
Property Sub Type: Condominium
Year Built: 1997
Lot Size: 0 sqft
Sq. Ft.: 1,204 ft²
Sq. Mt.: 112 m²
Price per sq. ft.: $5/ft²
Price per sq. mt.: $58/m²
Stories: —
Garage: —
Pool: —
Days on Market: 206 days
Listed: Jul 10, 2022
Last Updated: Feb 3, 2023
Price/Lot Sq.Ft.: —

Comparable homes

Same ZIP, similar price + bedrooms.

4440 NE Sandpebble Trace # 104, Stuart FL 34996

$6,500

2 bd · 2 ba · 1,032 sqft

4440 NE Sandpebble Trace # 104, Stuart FL 34996

SOLD

$6,500

2 bd · 2 ba · 1,775 sqft

1545 NE Ocean Boulevard # 202, Stuart FL 34996

SOLD

$6,500

2 bd · 2 ba · 1,101 sqft

1545 NE Ocean Boulevard # 401, Stuart FL 34996

SOLD

$6,500

2 bd · 2 ba · 1,472 sqft

218 NE Edgewater Dr # 218, Stuart FL 34996

$7,000

2 bd · 2 ba · 1,784 sqft

1357 NE Ocean # 104, Stuart FL 34996

1555 NE Ocean Boulevard # 402, Stuart FL 34996

$6,000

2 bd · 2 ba · 1,269 sqft

1555 NE Ocean Boulevard # 402, Stuart FL 34996

SOLD

$6,000

2 bd · 2 ba · 1,101 sqft

1550 NE Ocean Boulevard # B304, Stuart FL 34996

SOLD

$6,000

2 bd · 2 ba · 1,239 sqft

269 NE Edgewater Drive, Stuart FL 34996

Market insights for Hutchinson Island

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

June 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

2/3/2023	Sold	$6,500
11/23/2022	Price change	$6,500+44.4%
7/10/2022	Listed for sale	$4,500

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

5800 NE Island Cove Way # 2407, Hutchinson Island FL 34996Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

Bridges Montessori School
PK,KG,1,2,3,4,5,6,7,8 · private · 0.6 mi
Columbia School
KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.9 mi
Ocean Montessori
PK,KG · private · 0.9 mi
The Hope Academy for Autism
3,4,5,6,7,8 · charter · 1.0 mi
The Hope Charter Center For Autism
PK,KG,1,2,3,4,5,6,7,8 · charter · 1.0 mi
First Baptist Christian School
PK,TK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.0 mi
Martin County High School
9,10,11,12 · public · 1.1 mi
Adult Education-Martin Co High
UG · public · 1.1 mi
Bessey Creek Elementary School
PK,KG,1,2,3,4,5 · public · 1.1 mi
Stuart Middle School
6,7,8 · public · 1.2 mi

Affordability

What you'd typically need to qualify for this rental under the standard 30% rule.

$21,667

gross income / month to qualify

Monthly rent$6,500

Required annual income$260,000

Security deposit (est.)$6,500

Move-in cost (1st + last + security)$19,500

Based on the 30% rule (rent ≤ 30% of gross monthly income). Move-in estimate assumes first month + last month + one month security; landlord requirements vary.

Rangely Adames

Sales Associate | Sunland Group

(954) 604-3276 info@rangelyadames.com

Hablo Español

The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

Updated within 24 hours