Price Check
How this price compares
- List price
- $550,000
- Price per sq ft
- $1,058
- Vs. nearby sales
- 318.2% above
- Days on market
- 61
This 1-bedroom single-family home in Port Salerno is listed at $550,000, or $1,058 per square foot. It has been on the market for 61 days. The 3 most recent single-family home sales in the closings shown below sold at a median of $253 per square foot, so the asking price is 318.2% above what comparable homes here actually sold for.
Estimated monthly payment
$2,890 /mo
Principal and interest only, based on $110,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $550,000
- Days on Site
- 61 Days
- Bedrooms
- 1
- Total Baths
- 1
- Full Baths
- 1
- Partial Baths
- 0
- Living Area
- 520 sqft
- Total Sq Ft
- 520 sqft
- Lot Size
- 0.15 Acres
- Year Built
- 1950
- Property Type
- Single Family
- MLS #
- M20056402
- Property Tax
- $4,979 (2025)
- Subdivision
- Port Salerno
- Development
- Port Salerno
- County
- Martin
- Status
- Active
About This Property
Located just steps from the restaurants, marinas, waterfront entertainment, and year-round activity surrounding ManateePocket, 4648 SE Park Drive presents a rare opportunity to acquire a redevelopment site within one of Martin County's most recognizable waterfront districts.This offering derives its greatest value from its exceptional location and redevelopment potential. The existing 520-square-foot structure provides flexibility for interim occupancy or redevelopment, while the surrounding neighborhood continues to evolve into one of South Florida's premier boutique dining, hospitality, and entertainment destinations.Positioned within the Port Salerno Community Redevelopment Area (CRA), the property benefits from an area that has received significant public investment focused on pedestrian-friendly street scapes, infrastructure improvements, waterfront activation, and mixed-use redevelopment.
General Features
- Property Type
- Single Family
- Status
- Active
- Year Built
- 1950
- Property Condition
- Resale
- Number of Stories
- 1
- Lot Size (Acres)
- 0.15
- Living Sq Ft
- 520
- Total Sq Ft
- 520
- Structure Type
- House
- Sewer
- Public Sewer
Interior Features
- Cooling
- Central Air
- Heating
- Central
- Furnished
- Unfurnished
Exterior Features
- Construction
- Frame
- Roof
- Aluminum
- Architectural Style
- Traditional
- Lot Features
- Less Than Quarter Acre
Community & HOA
- Association Amenities
- None
- Utilities
- Sewer Available / Water Available
- Pets Allowed
- Number Limit / Size Limit / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- No Restrictions
- MLS Area
- 6070 - Stuart - South of Indian St
Schools
- Elementary School
- Port Salerno
- Middle School
- Murray
- High School
- Martin County
About the Community
Port Salerno is a community in Stuart, Martin County, Florida. Active listings are priced from $580,000. Homes were built starting 2023. Pure Equity lists homes in Port Salerno 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
- 12
- Under Contract
- 2
- Median List Price
- $525,888
- Median $/Sq Ft
- $327
- Avg Days on Market
- 190
Frequently Asked Questions
- How do I schedule a tour of 4648 SE Park Drive, Stuart, FL 34997?
- Use the Tour button on this listing to request a showing of 4648 SE Park Drive, Stuart, FL 34997. 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 4648 SE Park Drive, Stuart, FL 34997 still available?
- 4648 SE Park Drive, Stuart, FL 34997 is currently listed as Active, and has been on the market 61 days. 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 4648 SE Park Drive, Stuart, FL 34997?
- With 20% down ($110,000) on the $550,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 4648 SE Park Drive, Stuart, FL 34997 is about $2,890/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 4648 SE Park Drive, Stuart, FL 34997?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 4648 SE Park Drive, Stuart, FL 34997. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 4648 SE Park Drive, Stuart, FL 34997?
- 4648 SE Park Drive, Stuart, FL 34997 is zoned for Port Salerno (elementary), Murray (middle), Martin County (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 4648 SE Park Drive, Stuart, FL 34997?
- Often, yes. The right offer on 4648 SE Park Drive, Stuart, FL 34997 depends on how it's priced against comparable single family sales in Stuart, 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 NAI Southcoast
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 September 27, 2026.
$550,000
Interested in This Property?
Contact us to schedule a showing or ask a question.
Own a home near this one? See what it would sell for today
Listed by Reid Armor, NAI Southcoast
Map & Location
Cities in Martin County
Zip Codes in Martin County
Property Types
Recent Sales
Recently sold homes in Port Salerno
These are the last 6 recorded closings in Port Salerno, with the price each home actually sold for rather than what it was listed at. They closed at a median of $253 per square foot. The most recent closed on August 14, 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$115,000
Sold · August 14, 2026
5346 SE Horizon Avenue
0 bed · 0 bath
$14,000 under the asking price
Sold$210,000
Sold · June 26, 2026
5279 SE Isabelita Avenue
0 bed · 0 bath
$40,000 under the asking price
Sold$300,000
Sold · June 18, 2026
5060 SE Ebbtide Avenue
3 bed · 2 bath · 1,188 sqft · $253/sqft
$45,000 under the asking price
Sold$130,000
Sold · May 15, 2026
5167 SE Isabelita Avenue SE
0 bed · 0 bath
$5,000 under the asking price
Sold$445,000
Sold · May 12, 2026
3838 SE Grant Street
3 bed · 2 bath · 1,757 sqft · $253/sqft
$4,000 under the asking price
Sold$459,000
Sold · April 27, 2026
4796 SE Horizon Avenue
3 bed · 2 bath · 1,548 sqft · $297/sqft
$10,000 under the asking price
See every recorded sale in Port Salerno or find out what your Port Salerno home is worth.
