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$288,000
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Property Description
Enjoy easy island living at Inlet Village in Indian River Plantation! This bright, coastal-inspired 1-bedroom, 1.5-bath condo offers peaceful lake and golf course views from both the living area and bedroom. Vinyl flooring throughout, a 2024 A/C, and a screened balcony overlooking the water make it easy to relax and unwind. Enjoy your morning coffee with tranquil views before heading to the beach or community pool. Optional membership to The Ocean Club at Indian River Plantation offers golf, tennis, marina, fitness center, beach club, dining, and social activities. New roofs were recently completed, and the Structural Integrity Reserve Study reported the buildings to be in good structural condition. A 28-day minimum rental policy makes this a wonderful seasonal retreat, full-time residence, or investment property.
Full Property Details
Full Property Details for 40 NE Plantation Rd #116
General
- Price: $288,000
- HOA FEE: $800
- Taxes: $3,615 (2025)
- Status: Active
- Type: Condo
- Source: Martin_County
- MLS ID: M20056465
- Updated: 8/24/2026
- Added to Site: 28 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: Elevator
- Appliances: Some Electric Appliances, Dryer, Dishwasher, Electric Range, Disposal, Water Heater, Washer
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Additional Information
- Shared Amenities: Elevator(s)
- Pool: Yes
- Pool Description: Community
Exterior
- Exterior Features: Balcony, Storm/Security Shutters
- Porch/Patio/Deck: Balcony, Screened
Location
- Area: 1-Hutchinson Island
- County: Martin
- Subdivision: Inlet Village North Condo Ph 01 Irp
- Driving Directions: Take East Ocean Blvd to MacArthur Blvd. Take right onto Plantation Rd.
Community
- Community Name: 1-Hutchinson Island
- Association: Yes
- Assoc. Fees Include: Association Management, Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pool(s), Reserve Fund, Water
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Sewer Connected, Water Connected
Structural Information
- Construction: Block, Concrete
- Windows: Drapes
- Entry Floor Number: 1
- Elevator: Yes
- Stories/Levels: 4
- Square Feet: 740
- Living Area: 740 Sq. Ft.
- Year Built: 1981
- Property Condition: Resale
Lot Features
- Property View: Lake
- Lot Size (Acres): 2.5932
- Lot Size: 2.5932
- Frontage: Private Road
- Zoning: PUD
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Lake
- Lake Front: Yes
Financial Considerations
- Association Fee: $800
- Tax Amount: $3,615
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: Listed As-Is
- Legal Description: INLET VILLAGE NORTH CONDO PHASE I BLDG 1 UNIT 116
- Property ID: 313742101001011609
Listed by Water Pointe Realty Group
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Schools
Schools serving 40 NE Plantation Rd #116
School District:Martin County School District
| Name | Grades | Distance |
|---|---|---|
Felix A Williams Elementary School 401 Northwest Baker Road, Stuart, FL 34994 | PK-5 | 5.2 mi |
Stuart Middle School 575 Southeast Georgia Avenue, Stuart, FL 34994 | 6-8 | 4.3 mi |
Jensen Beach High School 2875 Northwest Goldenrod Road, Jensen Beach, FL 34957 | 9-12 | 6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 40 NE Plantation Rd #116
Date
Details
Price
Change
Source
7/31/2026
Listed
$288,000
22.55%
MLS
4/01/2022
Sold
$235,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 40 NE Plantation Rd #116
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,615
-4%
$226,500
1%
2024
$3,758
9%
$223,850
10%
2023
$3,436
41%
$203,500
46%
2021
$2,442
-6%
$139,000
-9%
2022
$2,608
7%
$152,900
15%
2021
$2,442
5%
$133,000
11%
2018
$2,319
-2%
$119,790
-2%
2019
$2,362
11%
$122,000
1%
2017
$2,125
12%
$121,000
21%
2016
$1,893
8%
$100,000
11%
2015
$1,753
4%
$90,000
6%
2014
$1,684
6%
$84,700
10%
2013
$1,592
—
$77,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 40 NE Plantation Rd #116
40 NE Plantation Road #116, Stuart, FL 34996 (MLS# M20056465) is a Condo property with 1 bedroom, 1 full bathroom and 1 partial bathroom. 40 NE Plantation Road #116 is currently listed for $288,000 and was received on July 31, 2026. Want to learn more about 40 NE Plantation Road #116? Do you have questions about finding other Condo real estate for sale in Stuart? You can browse all Stuart real estate or contact a Coldwell Banker agent to request more information.

