
233 NE Edgewater Drive # 203, Stuart FL 34996, STUART, FL, 34996
Active355 days on marketListed Aug 19, 2025MLS #R11116837
About this home
233 NE Edgewater Drive # 203, Stuart FL 34996
Beautifully short-term rental at Indian River Plantation, Riverwood community on Hutchinson Island. This second-floor 2/2 unit offers tasteful furnishings and finishes; lake and golf views from the screened-in balcony. New impact windows and sliders; No smoking. Available May-December: $2200 per month. A 11.5% hotel tax applies to all leases less than 6 months. $100 association application fee, $150 cleaning fee. Call today to reserve this property!
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,257
Sqft
1981
Year built
$2
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$176 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$176/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. 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.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Stuart actives
$2 vs $266
Days on market
355 vs 66 typical
Where $2/sqft sits among the 400 Stuart actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Riverwood At Indian River Plantation
Get to know Stuart. See the full Stuart guide →
Riverwood At Indian River Plantation — neighborhood snapshot
Population
165
Median age
68
Median income
$146,875
Median home value
$683,100
Avg household
2
For the school run
Martin County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Stuart market
$640K → $446K
Stuart median sold, yr/yr
94.0%
Sale-to-list ratio (12 mo)
41 of 400
Stuart actives have cut their price
Median sold price, Stuart, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 99% below the STUART 34996 median. See the full Stuart market guide →
Paper trail
This home's history
Reality check
What actually sold near 233 NE Edgewater Drive # 203
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jun ’26$380,000
1550 NE Ocean Boulevard # 302, Stuart FL 34996
2 bd · 2 ba · 1,269 sqft · $299/sqft · 595 DOM
Sold · Jun ’26$550,000
411 NE Plantation Road # 522, Stuart FL 34996
2 bd · 2 ba · 1,274 sqft · $432/sqft · 148 DOM
Sold · Jun ’26$520,000
1457 NE Ocean Boulevard # 8, Stuart FL 34996
2 bd · 2 ba · 1,204 sqft · $432/sqft · 16 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.
Your agent
Chad Creech
President, Commercial and Development Services · CENTURY 21 Edge
Tours, negotiation, and every question about 233 NE Edgewater Drive # 203 — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 233 NE Edgewater Drive # 203 — before you fall in love.
See it in person
Schedule a tour
Live availability from Chad's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
233 NE Edgewater Drive # 203 FAQs
What would the monthly payment be for 233 NE Edgewater Drive # 203, Stuart FL 34996?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $176/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.
Are pets allowed at 233 NE Edgewater Drive # 203, Stuart FL 34996?+
The listing reports pets: No, Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Stuart?+
At $2,200, this home is listed about 99% below the Stuart median of $431,950. The market section on this page shows how the area is trending.
Which schools are assigned to 233 NE Edgewater Drive # 203, Stuart FL 34996?+
Stuart Middle School (middle), Felix A Williams Elementary School (elementary), Jensen Beach 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
01Under the STUART 34996 market on paper
$2,200 is 99% below the STUART 34996 median of $199,400, and at $2/sqft it sits under the Stuart average of $347.
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
355 days on market against a Stuart median of 66 — sellers in this position are usually ready to negotiate.
04Strong assigned schools
Stuart Middle School, Felix A Williams Elementary School, Jensen Beach High School — Felix A Williams Elementary School rates 4 of 5. Always verify assignments with the district.
05The price has already moved
Listed at $4,500, now $2,200 — a $2K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
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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