**BOATER'S DREAM IN A PREMIER 55+ WATERFRONT COMMUNITY!** Welcome to Circle Bay Yacht Club, where active adult living meets the ultimate Florida boating lifestyle. This beautifully maintained first-floor 1-bedroom, 1.5-bath condominium offers serene waterfront views and direct access to the St. Lucie River, Intracoastal Waterway, and Atlantic Ocean with **no fixed bridges**. Community boat slips are available for lease (subject to availability) and can accommodate vessels up to 36 feet, making this the perfect home for boating enthusiasts. Relax on your private screened lanai overlooking the water or enjoy the many resort-style amenities, including a heated waterfront pool, clubhouse, marina, pickleball, shuffleboard, and beautifully landscaped grounds. Conveniently located just minutes from historic Downtown Stuart, waterfront dining, shopping, golf courses, beaches, and major highways. Whether you're an avid boater, an investor, or simply looking to enjoy the Florida lifestyle. Don't miss your opportunity to own a piece of paradise in one of Stuart's most desirable 55+ waterfront communities!
CondoProperty Type
1979Year Built
$256Price/Sq.Ft.
$598/moHOA Dues
1 spaceParking
Listed by Patricia Greene• Legacy Global Realty, LLC
Circle Bay Yacht Club, located between the St. Lucie River and the Manatee Pocket, is a waterfront and residential Stuart neighborhood with deep-water docks and a breezy, boat-forward streetscape. The neighborhood’s character concentrates around the marina slips and clubhouse along SE Bayview Street, where rigging lines, dock carts, and sunset chatter set the tempo. Low-rise condo buildings and palm-lined drives keep the architecture clean and coastal, with water views shaping daily routines. Sailboats and sportfishers move through nearby inlets, and the shoreline reads like a working postcard. For a classic local night out, The Twisted Tuna and Sailor’s Return anchor the Manatee Pocket scene. Downtown’s Lyric Theatre adds a cultural counterpoint a short drive away.
Provided by Walk Score and Local Logic
Offer insights
1950 SW Palm City Rd Unit 5-104 · $230,000
$229K and above
75% chance or better to win
Why $229K+ is a strong offer
DAYS ON MARKET
44 days
The average home goes pending in 105 days.
SALE-TO-LIST
93.4%
Most homes are selling 7% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
No additional interior features listed
Blinds on windows
Bedrooms
One bedroom on the main level
Bathrooms
One full bathroom
One half bathroom
Kitchen
Electric range
Dishwasher
Disposal
Refrigerator
Electric water heater
Laundry & utility
Washer hookup
Flooring
Ceramic tile
Vinyl
Heating & cooling
Central heating (electric)
Central air conditioning (electric)
Ceiling fan(s)
Exterior features
Screened porch
Open porch
Ocean access waterfront
Home design
Condominium
Single-story
First floor entry
Faces east
Accessible common areas and entrance
Parking
Covered detached carport (1 space)
Security
Fire alarm
Smoke detectors
Construction
Built with CBS construction
Built-up / tar and gravel roof
Building area approximately 900 (public records)
Building identified as #5
Built as resale condition
Utilities
Public water
Public sewer
Cable available
HOA & community
Community is a senior community
Association: Circle Bay Yacht Club II Condominium Association
Monthly HOA fee: $598
HOA covers cable TV, internet, insurance, water, sewer, trash, maintenance (grounds & structure), common areas, pool service, recreation facility, reserve funds, and trash
Association amenities include clubhouse, pool, spa/hot tub, billiard room, library, community room, picnic area, shuffleboard court, and maintenance
Other
No pets allowed
Electricity and solar
View estimated energy costs and solar savings for this home
Sale and tax history for 1950 SW Palm City Rd Unit 5-104
Sale History
Tax History
Date
Event
Price
GFLMLS #B26067902
Aug 25, 2026
Listed for Rent
$1,850
$2/sq ft
Beaches MLS #B26056002
Aug 24, 2026
Price Changed
$230,000
$256/sq ft
Jul 27, 2026
Listed
$250,000
$278/sq ft
Beaches MLS #F10462001
Feb 28, 2026
Listing Removed
—
Sep 17, 2024
Listed
$250,000
$278/sq ft
Public Records
Apr 1, 1985
Sold
$59,000
$66/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,875 (−3.4%)
$213,500
2024
$4,011 (+471.6%)
$213,500
2023
$702 (+3.6%)
2022
$677 (−1.1%)
2021
$685 (+0.2%)
2020
$683 (+0.6%)
2019
$679 (+1.6%)
2018
$669 (+4.8%)
2017
$638 (−0.3%)
2016
$640 (−0.5%)
2015
$643 (+0.9%)
2014
$637
Public record
Beds
1
Baths
1.5
Stories
1
Lot width
—
Lot depth
—
Lot size
—
Year renovated
1979
Finished Sq. Ft.
898
Unfinished Sq. Ft.
—
Total Sq. Ft.
898
Year built
1979
Style
Condo/Co-op
County
Martin County
APN
08-38-41-026-005-51040-1
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
Climate risks
8/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 106° expected this year, 24 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Stuart, FL • 34994
Average low and high temperatures (°F)
72
55
76
59
80
64
81
70
87
75
89
76
90
76
91
77
88
77
83
74
80
65
77
62
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
97/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 21% for direct sun exposure in Stuart. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.9 hrs
7.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1950 SW Palm City Rd Unit 5-104
$218,602
$11K under list price of $230K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $87K to $290K.