About the Home

Stunning South Florida Two-Acre Ocean-to-River Gated Luxury Estate.

This exquisite property, fully renovated in 2023, offers an unparalleled luxury living experience across four meticulously designed floors. The crown jewel of this residence is the entire top floor, dedicated to a lavish master penthouse suite. With 10 bedrooms and 5.5 bathrooms spread over 8,640 square feet of total living area (5,032 SF under air), this home provides ample space for both comfortable living and grand entertaining. A private elevator seamlessly connects all levels, while a heated swimming pool adds to the array of high-end amenities. The property boasts impact windows and doors throughout, ensuring safety and peace of mind, all encased in solid CBS construction.

One of the most compelling features of this property is its dual access to both a deeded private beach and riverfront, offering the best of coastal living. There are no HOA fees to contend with, providing true ownership freedom. The ground floor, currently configured as an apartment with one indoor parking space, can be converted back to a 3-car garage at the seller's expense, adding flexibility to the property's use. Additionally, there's an opportunity to build a private dock, further enhancing the waterfront lifestyle. Priced below appraisal, this residence represents an exceptional value for discerning buyers seeking a luxurious and unique coastal home.

The home can serve as your official Florida-based tax domicile/residence, seasonal vacation home, weekly vacation rental, or as a hybrid of all three.

Considering this home as an investment property? Or planning to rent it out when you are not present? Good news: The current owner lists the property on AirBnB, Vrbo and other rental platforms, where gross receipts totaled over $400,000 for the 2024 calendar year. (Historical reports & supporting docs available upon request.) Future reservations can convey with the home, at the buyer's option. (If the buyer does not elect this option, future tenants will be re-booked at other homes through the vacation-rental property management company.)

As one of the most successful vacation rentals in the entire state, the home is extremely popular and therefore often booked. Viewings are by appointment only with the listing agent. Please do not disturb occupants (vacation-rental guests or longer-term tenants).

All visitors to the home must have an advance appointment booked with the listing agent. All unannounced visitors are considered trespassers; tenants are urged to report unscheduled visitors to the police as trespassers immediately upon their arrival.

The home has a motivated seller: The property is owned by a SE Florida professional real-estate firm that owns 26 oceanfront homes and "ocean-to-river" residential properties located on Florida's Treasure Coast, near Stuart FL. Located in Martin County FL, less than an hour north of legendary Palm Beach and the West Palm Beach International Airport, Stuart FL is the current winner of USA Today's "America's Best Small Coastal Town" designation (2024 #1 national award winner).

The owner has made the strategic decision to liquidate four of the firm's "outlier" oceanfront homes — homes which lie a few miles outside the firm's core focus area located on the far southern tip of South Hutchinson Island (a 3-mile-long neighborhood near the famous Bathtub Reef Beach). The owner intends to use the funds from these sales towards additional acquisition opportunities in the Bathtub Beach community.

Consequently, each of the four homes — including "Bella Vista" — are competitively priced to sell (in most scenarios below appraised value) and are further powered by lucrative broker incentives. Therefore, this home will not be on the market for very long. This presents a brief window into a rare value opportunity: A one-time chance for those who dream of buying, owning or living in an oceanfront home at a reasonable price. (A price at which in most cases is below appraised value.)

All measurements approximate. Available furnished or unfurnished.