$850,000
12994 SE PAPAYA Street
Hobe Sound, FL 33455
Explore the area: Hobe Sound homes for sale · Martin County real estate
Price Check
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.
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.
Customize this estimateListing 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 linkGeneral 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
About the Community
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
Frequently Asked Questions
- 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.
$850,000
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Listed by Nicole Stanbra, Real Broker, LLC
Map & Location
Cities in Martin County
Zip Codes in Martin County
Property Types
Recent Sales
Recently sold homes in Papaya Village
These are the last 6 recorded closings in Papaya Village, with the price each home actually sold for rather than what it was listed at. They closed at a median of $376 per square foot. The most recent closed on April 30, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$315,000
Sold · April 30, 2026
9108 SE Sharon Street
0 bed · 0 bath
$16,000 over the asking price
Sold$230,000
Sold · March 27, 2026
12954 SE Papaya Street
0 bed · 0 bath
$70,000 under the asking price
Sold$275,000
Sold · February 12, 2026
9108 SE Sharon Street
0 bed · 0 bath
$90,000 under the asking price
Sold$1,180,000
Sold · February 10, 2026
9687 SE Sharon Street
4 bed · 3 bath · 2,659 sqft · $444/sqft
$70,000 under the asking price
Sold$790,000
Sold · January 26, 2026
13170 SE Flamingo Drive
3 bed · 2 bath · 2,100 sqft · $376/sqft
$10,000 under the asking price
Sold$640,000
Sold · December 4, 2025
8776 SE May Terrace
3 bed · 2 bath · 1,917 sqft · $334/sqft
$10,000 under the asking price
See every recorded sale in Papaya Village or find out what your Papaya Village home is worth.










