EXTREMELY UNIQUE OFFERING!! This multifaceted property includes a single family house, a duplex, an efficiency, a huge open air production workshop and a very large under air work area with office & conference room. The single family home is leased has 2bd/1/bth. Each side of the duplex is 1bd/1bth is separately metered & is leased. The production workshop, office & waterfront will blow your mind! aprox 110 feet of seawall with power pedestal & water. Pull your yacht right up to the open air work area. Since the early 80's Lost River Marine has been an operating boat facility outfitting & customizing some of the finest yachts. Business may be included. sizes approximate. Residential zoning, business and land uses not guaranteed. sizes & meas. apprx. duplex/house only shown once contract.
An amazing opportunity!! Estate size property, almost 1/2 acre with protected water and approximately 110 feet of seawall for your yacht!! This wonderful tropical oasis has a Single-family home, a duplex, an efficiency, a huge workshop and work area, a private office & conference room. The single-family home has two bedrooms and one bath and is currently leased. Each side of the duplex has one bedroom and one bath and is currently leased. Inside of duplex & house only shown while under contract. You must see behind the gate to fully appreciate. please do not walk the property without an appointment and do not disturb tenants. Zoning uses, business and land uses not guaranteed.
Beaches MLS #RX-10191587
Dec 11, 2017
Listing Removed
—
Jun 6, 2016
Price Changed
$949,500
$255/sq ft
Dec 14, 2015
Listed
$994,900
$267/sq ft
MARMLS #R10191587
Dec 10, 2017
Listing Removed
—
Dec 10, 2015
Listed
$949,500
$255/sq ft
MCRTC #M192379
Jun 26, 2016
Listing Removed
—
Aug 20, 2002
Listed
$265,000
$71/sq ft
MCRTC #M192385
Jun 26, 2016
Listing Removed
—
Aug 20, 2002
Listed
$125,000
$34/sq ft
MCRTC #M181631
Aug 19, 2002
Listing Removed
—
Aug 20, 2001
Listed
$195,000
$52/sq ft
MCRTC #M181629
Aug 19, 2002
Listing Removed
—
Aug 20, 2001
Listed
$295,000
$79/sq ft
Public Records
Jan 1, 1979
Sold
$50,000
$13/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$11,956
$427,500 + $301,540
$729,040
2024
$11,954 (−13.7%)
$427,500 + $301,540
$729,040
2023
$13,850 (+28.4%)
$450,000 + $355,430
$805,430
2022
$10,786 (+131.4%)
2021
$4,661 (+2.8%)
2020
$4,534 (−1.6%)
2019
$4,609 (+2.1%)
2018
$4,516 (+15.5%)
2017
$3,909 (−6.1%)
2015
$4,163 (+8.5%)
2014
$3,837
Tax history for 490 SW Salerno Rd
Year
Property tax
Land + Additions
Assessment*
2025
$11,956
$427,500 + $301,540
$729,040
2024
$11,954 (−13.7%)
$427,500 + $301,540
$729,040
2023
$13,850 (+28.4%)
$450,000 + $355,430
$805,430
2022
$10,786 (+131.4%)
2021
$4,661 (+2.8%)
2020
$4,534 (−1.6%)
2019
$4,609 (+2.1%)
2018
$4,516 (+15.5%)
2017
$3,909 (−6.1%)
2015
$4,163 (+8.5%)
2014
$3,837
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
2
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
0.54 Acres
Year renovated
1979
Sq. Ft.
900
Year built
1954
Style
Single Family Residential
County
Martin County
APN
55-38-41-000-041-00032-4
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
Jan 20, 2026 • Active
Commercial miscellaneous
ADU
Remodel
Aug 22, 2025 • Final
Residential replacement windows/doors
Remove and replace windows and doors.
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.