CENTURY 21 Edge
$10,000,000$32,600,000$57,870 /mo all-in ↓

0 Blue Water Way, Stuart FL 34997, STUART, FL, 34997

Active902 days on marketListed Feb 13, 2024MLS #F10423075

Reduced $23MWaterfrontAgricultureSt Lucie Inlet Farms,Cooley Island!

About this home

0 Blue Water Way, Stuart FL 34997

Cooley Island...peninsula with 50ft easement via Blue Water Way, access nearby Hwy I95. 15.2 Acres surrounded by the St Lucie River, St Lucie Inlet to Atlantic Ocean; No Fixed Bridges. 3 grandfathered lots of record. Neighboring Yacht Center located on St Lucie River. A few minutes to I95, FL Turnpike and a short scenic drive to popular Stuart. Near Witham Field Public Airport, Jet Services/Training, Private Jets, Stuart Air Show Field, Sandpiper Bay Resort (Waterfront Dining; access by boat), Shopping, Restaurants, Publix, Elementary School, Hospital, Pipers Landing Golf & Country Club, Hammock Creek Golf Club, Church, Camping, Nature Preserves, ample Yacht Clubs, Waterfront Dining. Three lots of record prior 1982; minor impact. Contact Listing agent for Zoning, Wetland/Upland, Elevation, EA info, PAMP & Development possibilities. More photos and video available. Call with any questions. Listing measurements and information may not be exact, are subject to error, and are to be verified by the Buyer.

Facts & features

The home at a glance

15.2 ac

Lot size

Waterfront

Inside

Outside & construction

FacesEast

Community & fees

Taxes (2023)$0/yr
CommunityPublic Road

Utilities & systems

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$57,870 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$53,960
PMI (est., until 20% equity)$3,750
Property tax — 2023 actual bill$0
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $1,000,000Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $1,000,000
Interest rate6.00%
Loan term

Estimated payment

$67,036/mo

Principal & interest$53,960
PMI (est., until 20% equity)$3,750
Est. property taxes$9,167
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Where it sits

Inside Mariners Landing

Map of 0 Blue Water Way, Stuart FL 34997 inside its neighborhood boundary

Get to know Stuart. See the full Stuart guide →

Mariners Landing — neighborhood snapshot

Population

529

Median age

50

Median income

$110,913

Median home value

$551,800

Avg household

3

Households w/ children

27%

For the school run

Martin County School District

MiddleDr. David L. Anderson Middle School★★★★★
ElementaryCrystal Lake Elementary School★★★★
HighMartin County High School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Stuart market

Seller’s marketLeans buyer10.3 months of inventoryBuyer’s market

$640K$446K

Stuart median sold, yr/yr

94.0%

Sale-to-list ratio (12 mo)

Median sold price, Stuart, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 2471% above the STUART 34997 median. See the full Stuart market guide →

Paper trail

This home's history

CurrentPrice reduced to $10,000,000 $23M
Feb 13, 2024Listed at $32,600,000 · 902 days on market since

Reality check

What actually sold near 0 Blue Water Way

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

Nearby listingSold · Jan ’26

$501,808

Nearby listing

3 bd · 2.5 ba · 0 sqft

121 SE Paradise Place, Stuart FL 34997Sold · Jun ’26

$360,000

121 SE Paradise Place, Stuart FL 34997

2 bd · 2 ba · 1,188 sqft · $303/sqft · 20 DOM

7921 SE Paradise Drive, Stuart FL 34997Sold · Jun ’26

$400,000

7921 SE Paradise Drive, Stuart FL 34997

3 bd · 2 ba · 1,200 sqft · $333/sqft · 24 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Arlinda Gokyar

Your agent

Arlinda Gokyar

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 0 Blue Water Way — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 0 Blue Water Way — before you fall in love.

See it in person

Schedule a tour

Live availability from Arlinda's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

0 Blue Water Way FAQs

What would the monthly payment be for 0 Blue Water Way, Stuart FL 34997?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $57,870/mo — principal and interest, estimated property taxes and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 0 Blue Water Way, Stuart FL 34997?+

The most recent tax bill on record (2023) was $0. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

How does the price compare to other homes in Stuart?+

At $10,000,000, this home is listed about 2231% above the Stuart median of $429,000. The market section on this page shows how the area is trending.

Which schools are assigned to 0 Blue Water Way, Stuart FL 34997?+

Dr. David L. Anderson Middle School (middle), Crystal Lake Elementary School (elementary), Martin County High School (high) — Martin County School District. Always verify school assignments with the district before relying on them.

The brief

Five things that matter here

01Positioned at the premium end

$10,000,000 runs 2471% above the STUART 34997 median.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Time on market is leverage

902 days on market against a Stuart median of 67 — sellers in this position are usually ready to negotiate.

04Strong assigned schools

Dr. David L. Anderson Middle School, Crystal Lake Elementary School, Martin County High School — Crystal Lake Elementary School rates 4 of 5. Always verify assignments with the district.

05The price has already moved

Listed at $32,600,000, now $10,000,000 — a $23M cut. The full history is in the market section below.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.

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