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12994 SE PAPAYA Street, Hobe Sound, FL 33455
Active
1 Day on Market
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$850,000

12994 SE PAPAYA Street

Hobe Sound, FL 33455

PAPAYA VILLAGE

Explore the area: Hobe Sound homes for sale · Martin County real estate

How this price compares

List price
$850,000
Price per sq ft
$528
Vs. nearby sales
40.4% above
Days on market
1

This 3-bedroom single-family home in Papaya Village is listed at $850,000, or $528 per square foot. It has been on the market for 1 day. The 3 most recent single-family home sales in the closings shown below sold at a median of $376 per square foot, so the asking price is 40.4% above what comparable homes here actually sold for.

3
Bedrooms
2
Bathrooms
1,610
Living Sq Ft
1958
Year Built

Estimated monthly payment

$4,467 /mo

Principal and interest only, based on $170,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price
$850,000
Days on Site
1 Days
Bedrooms
3
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
1,610 sqft
Total Sq Ft
3,311 sqft
Lot Size
0.5 Acres
Year Built
1958
Property Type
Single Family
MLS #
B26098091
Property Tax
$8,543 (2026)
Subdivision
PAPAYA VILLAGE
Development
Hobe Hills
County
Martin
Status
Active
Special Conditions
Standard / Listed As Is

About This Property

Half an acre. R-2B zoning. No HOA. No restrictions. Opportunities like this have all but disappeared in South Florida, and this one comes fully renovated. Set across from the Intracoastal Waterway, with the Atlantic just beyond, this Hobe Sound retreat was made for boaters, anglers, and anyone who wants room to live on their own terms. The fenced and cross-fenced homesite also has 100 feet of US-1 frontage. The home is built to last, with CBS construction, a 2017 metal roof, full impact glass, and a whole-house generator hookup. Inside, the kitchen has quartz waterfall countertops and brand-new Samsung smart appliances, and porcelain tile runs throughout. The spa-inspired baths are finished in floor-to-ceiling porcelain with oversized walk-in showers. A flex room with its own half bath and private entrance works as an office, guest room, or third bedroom. Screened front and back porches extend the living space outdoors. Then there's the workshop. This is no ordinary garage. It is a massive two-story CBS structure, 20 by 42 feet (840 sq ft), with three-phase electric, fully plumbed and wired. It's built for serious work: heavy-duty tools, boat and engine projects, car restoration, or fabrication, and it's a contractor's dream. The second level adds room for storage, a studio, or a gym. The lot is RV, boat, truck, and trailer friendly, with parking for multiple vehicles and vessels and room for a pool. Jonathan Dickinson State Park is minutes away, with Loxahatchee River kayaking, trails, and camping. Hobe Sound Beach and Blowing Rocks Preserve are just over the bridge. Jupiter and Stuart are each about 20 minutes away. It's a water-lover's lifestyle in one of Martin County's best-kept secrets, and properties like it rarely come to market.

MLS media link

General Features

Property Type
Single Family
Status
Active
Year Built
1958
Property Condition
Resale
Number of Stories
1
Levels
One
Garage Spaces
3
Attached Garage
Yes
Parking
Attached / Garage / Garage Door Opener / Open / Rv Access Parking
Direction Faces
West
Lot Size (Acres)
0.5
Living Sq Ft
1,610
Total Sq Ft
3,311
Structure Type
House
Sewer
Septic Tank
Water Source
Well
Zoning
RES

Interior Features

Appliances
Cooktop / Dryer / Dishwasher / Free Standing Freezer / Disposal / Microwave / Refrigerator / Washer
Cooling
Central Air / Ceiling Fans
Heating
Central
Flooring
Ceramic Tile
Interior Features
Built In Features / Eat In Kitchen / Kitchen Island / Living Dining Room / Main Level Primary / Pantry / Storage / Separate Shower
Laundry
In Garage
Main Level Bedrooms
2
Main Level Baths
2
Total Rooms
8
Furnished
Unfurnished

Exterior Features

Construction
CBS Concrete Block Structure / Block / Concrete
Roof
Metal
Exterior Features
Lighting / Outdoor Living Area / Room For Pool
Patio & Porch
Covered / Patio
Lot Features
Sprinklers Automatic
Waterfront Features
None

Community & HOA

Security
Smoke Detectors
Utilities
Cable Available / Water Available
Pets Allowed
No Pet Restrictions / Yes
Financing Terms
Cash / Conventional / FHA / Va Loan
Restrictions
No Restrictions / Ok To Lease
MLS Area
5020 - Jupiter/Hobe Sound (Martin County) - South of Bridge Rd

Schools

Elementary School
Hobe Sound
Middle School
Murray
High School
South Fork

Papaya Village is a community in Hobe Sound, Martin County, Florida. Active listings are priced from $725,000 to $850,000. Homes were built between 1979 and 1987. Pure Equity lists homes in Papaya Village and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Homes for Sale
2
Median List Price
$779,000
Median $/Sq Ft
$400
Avg Days on Market
145
View all 2 homes for sale in Papaya Village →
How do I schedule a tour of 12994 SE PAPAYA Street, Hobe Sound, FL 33455?
Use the Tour button on this listing to request a showing of 12994 SE PAPAYA Street, Hobe Sound, FL 33455. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 12994 SE PAPAYA Street, Hobe Sound, FL 33455 still available?
12994 SE PAPAYA Street, Hobe Sound, FL 33455 is currently listed as Active, and has been on the market 1 day. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 12994 SE PAPAYA Street, Hobe Sound, FL 33455?
With 20% down ($170,000) on the $850,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 12994 SE PAPAYA Street, Hobe Sound, FL 33455 is about $4,467/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 12994 SE PAPAYA Street, Hobe Sound, FL 33455?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 12994 SE PAPAYA Street, Hobe Sound, FL 33455. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
What schools serve 12994 SE PAPAYA Street, Hobe Sound, FL 33455?
12994 SE PAPAYA Street, Hobe Sound, FL 33455 is zoned for Hobe Sound (elementary), Murray (middle), South Fork (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 12994 SE PAPAYA Street, Hobe Sound, FL 33455?
Often, yes. The right offer on 12994 SE PAPAYA Street, Hobe Sound, FL 33455 depends on how it's priced against comparable single family sales in Hobe Sound, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Real Broker, LLC

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated November 14, 2026.

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Listed by Nicole Stanbra, Real Broker, LLC

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