Price Check
How this price compares
- Asking price
- $205,000
- Price per sq ft
- $159
- Vs. nearby sales
- 16.8% below
- Days on market
- 100
This 2-bedroom townhouse in River Pines Ph V went under contract with an asking price of $205,000, or $159 per square foot. The asking price has come down 10.5% from its original $229,000. It spent 100 days on the market before going under contract. The 6 most recent townhouse sales in the closings shown below sold at a median of $191 per square foot, so the asking price was 16.8% below what comparable homes here actually sold for.
Estimated monthly payment
$1,077 /mo
Principal and interest only, based on $41,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $417/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $205,000
- Days on Site
- 100 Days
- Bedrooms
- 2
- Total Baths
- 3
- Full Baths
- 2
- Partial Baths
- 1
- Living Area
- 1,288 sqft
- Total Sq Ft
- 1,288 sqft
- Lot Size
- 0.03 Acres
- Year Built
- 1980
- Property Type
- Townhouse
- MLS #
- M20055994
- Property Tax
- $2,609 (2025)
- HOA Fees
- $417 / Monthly
- Subdivision
- River Pines Ph V
- Development
- River Pines Ph V
- County
- Martin
- Status
- Under Contract
About This Property
Charming 2-bedroom, 2.5-bath townhome nestled in the sought-after River Pines community. This inviting home features quartz kitchen countertops, laminate flooring, accordion hurricane shutters, an 8' x 8' lockable storage shed, and a 2024 A/C system.Surrounded by lush landscaping and natural beauty, River Pines offers a unique blend of tranquility and convenience. Residents enjoy access to two community pools, tennis and racquetball courts, scenic walking paths, and a private dock with access to the Intracoastal Waterway.Ideally located between Seabranch Preserve State Park and Miles Grant Country Club, and just minutes from beaches, boating, golf, restaurants, and shopping. Whether you're seeking a primary residence, year-round residence, seasonal getaway, his townhome presents an excellent opportunity to enjoy the best of Florida living. MUST LIVE 3 YEARS BEFORE YOU CAN RENT. Trucks are permitted but not commercial vehicles or work vehicles.
Virtual TourGeneral Features
- Property Type
- Townhouse
- Status
- Under Contract
- Year Built
- 1980
- Property Condition
- Resale
- Number of Stories
- 2
- Parking
- Assigned
- Lot Size (Acres)
- 0.03
- Living Sq Ft
- 1,288
- Total Sq Ft
- 1,288
- Structure Type
- Townhouse
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- PUD-R
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Electric Water Heater / Refrigerator / Water Heater / Washer
- Cooling
- Central Air / Electric
- Heating
- Central / Electric
- Flooring
- Ceramic Tile
- Interior Features
- Eat In Kitchen / Upper Level Primary / Walk In Closets
- Total Rooms
- 5
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block / Concrete / Stucco
- Roof
- Built Up / Mansard
- Exterior Features
- Outdoor Living Area
- Architectural Style
- Traditional
- Pool Features
- Association
- Patio & Porch
- Covered / Patio / Screened
- Lot Features
- Corner Lot / On Golf Course
- View
- Intercoastal
Community & HOA
- HOA Fee
- $417 / Monthly
- HOA Includes
- Cable Tv / Reserve Fund
- Association Amenities
- Pool / Sidewalks / Tennis Courts
- Community Features
- Home Owners Association
- Security
- Smoke Detectors / Security Fence
- Utilities
- Cable Available / Sewer Available / Water Available
- Pets Allowed
- Number Limit / Size Limit / Yes
- Financing Terms
- Cash / Conventional / FHA / Va Loan
- Restrictions
- Buyer Approval Required / Parking Restrictions
- MLS Area
- 6140 - Hobe Sound/Stuart - South of Cove Rd
This home's HOA fee works out to $417 a month, in line with the $417 median across 4 homes for sale in River Pines Ph V. See River Pines Ph V HOA fees
Schools
- Elementary School
- Port Salerno
- Middle School
- Murray
- High School
- South Fork
About the Community
River Pines is a community in Stuart, Martin County, Florida. Active listings are priced from $234,500 to $375,000. Homes were built between 1980 and 1981. Pure Equity lists homes in River Pines 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
- 4
- Median List Price
- $264,900
- Median $/Sq Ft
- $206
- Avg Days on Market
- 86
Frequently Asked Questions
- How do I schedule a tour of 5912 SE Riverboat Drive, Stuart, FL 34997?
- Use the Tour button on this listing to request a showing of 5912 SE Riverboat 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 5912 SE Riverboat Drive, Stuart, FL 34997 still available?
- 5912 SE Riverboat Drive, Stuart, FL 34997 is currently listed as Under Contract, and has been on the market 100 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 5912 SE Riverboat Drive, Stuart, FL 34997?
- With 20% down ($41,000) on the $205,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5912 SE Riverboat Drive, Stuart, FL 34997 is about $1,077/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 5912 SE Riverboat Drive, Stuart, FL 34997?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5912 SE Riverboat Drive, Stuart, FL 34997. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 5912 SE Riverboat Drive, Stuart, FL 34997 have an HOA fee?
- Yes: 5912 SE Riverboat Drive, Stuart, FL 34997 carries an HOA fee of about $417 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 5912 SE Riverboat Drive, Stuart, FL 34997?
- 5912 SE Riverboat Drive, Stuart, FL 34997 is zoned for Port Salerno (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 5912 SE Riverboat Drive, Stuart, FL 34997?
- Often, yes. The right offer on 5912 SE Riverboat Drive, Stuart, FL 34997 depends on how it's priced against comparable townhouse 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 Coldwell Banker Realty
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 11, 2026.
$205,000
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Listed by Jeff J Clark, Coldwell Banker Realty
Map & Location
Cities in Martin County
Zip Codes in Martin County
Property Types
Recent Sales
Recently sold homes in River Pines Ph V
These are the last 6 recorded closings in River Pines Ph V, with the price each home actually sold for rather than what it was listed at. They closed at a median of $200 per square foot. The most recent closed on September 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$270,000
Sold · September 30, 2026
5606 SE Riverboat Drive
2 bed · 2.5 bath · 1,288 sqft · $210/sqft
$4,000 under the asking price
Sold$230,000
Sold · September 25, 2026
5706 SE Riverboat Drive 202
2 bed · 2.5 bath · 1,288 sqft · $179/sqft
$7,500 over the asking price
Sold$315,000
Sold · September 15, 2026
6163 SE Riverboat Drive 1018
2 bed · 2.5 bath · 1,288 sqft · $245/sqft
Sold$258,000
Sold · August 27, 2026
5612 SE Riverboat Drive 104
2 bed · 2.5 bath · 1,288 sqft · $200/sqft
$3,000 over the asking price
Sold$234,500
Sold · July 24, 2026
6136 SE Riverboat Drive
2 bed · 2.5 bath · 1,288 sqft · $182/sqft
Sold$200,000
Sold · July 13, 2026
6166 SE Riverboat Drive 926
2 bed · 2.5 bath · 1,288 sqft · $155/sqft
See every recorded sale in River Pines Ph V or find out what your River Pines Ph V home is worth.
