THE VIEW FROM THE TOP on Hutchinson Island Beach - Ocean Terrace at Indian River Plantation. This bright, sunny 2BR penthouse looks out to sea over the pool deck and your secure beach gate. Only 32 units, Ocean Terrace has just completed a 2 year full-building rehab, and has passed all Milestone and SIRS exams with flying colors. Enter unit #405 from the A/C lobby, above your covered parking, and enjoy the comfort and protection of a 2023 installation of the latest whole-house impact glass system. If you desire rental income, #405 has been a good earner for over 20 years. Sold fully furnished and pre-booked for winter 2026. Owners may also enjoy the Marriott's Ocean Club, a fun option for family golf/tennis/pickleball and beach club living. Low-rise, low-density living on the beach is the best way to enjoy Hutchinson Island. Easy to see, just call. ..
CondoProperty Type
1981Year Built
1.64 acresLot Size
$634Est. Price/Sq.Ft.
1 spaceParking
Listed by Jerome McWilliams• Water Pointe Realty Group
Contact: 772-708-7506
Bought with Susan Maxwell• RE/MAX of Stuart - Palm City
Bought with Susan Boning• RE/MAX of Stuart - Palm City
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
2
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
—
Year renovated
1981
Sq. Ft.
1,200
Year built
1981
Style
Condo/Co-op
County
Martin County
APN
31-37-42-091-001-04050-8
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 12, 2026.
Property details
Parking
Parking
Features: Assigned, Covered, Guest
# of Parking (Total): 1
# of Covered Spaces: 1
Interior
Bathroom Information
# of Full Bathrooms: 2
Room Information
# of Rooms (Total): 3
Room 1 Information
Living Room
Dimensions: 24 x 16
Length: 24.0
Width: 16.0
Room 2 Information
Bedroom 2
Dimensions: 12 x 14
Length: 12.0
Width: 14.0
Room 3 Information
Bedroom 1
Dimensions: 18 x 12
Length: 18.0
Width: 12.0
Interior Features
Window Features: Impact Glass
Furnished
Other Features: Dual Sinks, Separate Shower
Exterior
Building Information
Stories: 4
Stories (Total): 4
Year Built Details: Resale
Year Built Effective: 2024
Roof Details: Built-Up
Construction Details: Block, Concrete
Exterior Features
Exterior Features: Balcony
Patio And Porch Features: Balcony, Screened
Pool and Spa Information
Pool Features: Community
Lot Information
Lot Size Area: 1.6432
Lot Size Acres: 1.6432
Is Waterfront
Waterfront Features: Ocean Access, Ocean Front
Property Information
Has View
Financial
Tax Information
Annual Tax Amount: $8,777
Tax Year: 2024
Rental Information
Pets Allowed Details: Number Limit, Size Limit, Yes
Utilities
Utility Information
Utilities: Electricity Connected
Electric: Volts 110, Volts 220
Heating & Cooling
Has Cooling
Cooling: Central Air
Heating: Central, Individual
Location
Multi Unit Information
Unit Types: Penthouse
# Of Units In Community: 32
HOA Information
Has Home Owners Association
Association Fee: $1,225
Association Fee Includes: Association Management, Cable TV, Insurance, Internet, Legal/Accounting, Maintenance Structure, Pest Control, Pool(s), Reserve Fund, Sewer, Security, Trash, Water
Association Amenities: Elevator(s)
Community Information
Community Features: Barbecue, Beach, Bicycle Storage, Club Membership Available, Elevator, Marina, Non-Gated, Park, Pool, Storage Facilities, Street Lights, Trash Chute
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 1,200
Stories: 1.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1981
Year Renovated: 1981
County: Martin County
APN: 31-37-42-091-001-04050-8
Home facts updated by county records on Oct 12, 2026