Own Your Slice of Paradise in Rio, Jensen Beach! Experience the best of coastal living in this charming 2-bedroom, 1.5-bathroom Old Florida-style cottage retreat. Tastefully updated, this home seamlessly blends timeless character with modern comforts. Featuring hurricane protection, durable metal roof, and energy-efficient windows. The stylishly renovated kitchen and bathrooms offer contemporary finishes, and for added comfort, central HVAC system and ductwork have been installed. A new hot water heater and appliances complete the updates. Fresh flooring, paint, and an irrigation system maintain the lush, mature landscaping, making this home move-in ready. Located in a no-flood zone for peace of mind, this property is just steps from the serene Indian River and a short drive to the vibrant shops, restaurants, and attractions of downtown Jensen Beach, Stuart, and the pristine beaches of the Treasure Coast. Don’t miss your chance to own this slice of Florida paradise!
Sold for $340,000
$340,000
986 NE Banyan Tree Dr, Jensen Beach, FL 34957
2beds
856sqft
Single Family Residence
Built in 1957
6,621 Square Feet Lot
$328,200 Zestimate®
$397/sqft
$2,417 Estimated rent
Home value
$328,200
$292,000 - $371,000
$2,417/mo
Zestimate® history
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$2,335/mo
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Zillow last checked:
Listing updated:
Listed by:
Margaret Slobasky 772-288-1111,
RE/MAX of Stuart
Bought with:
Margaret Slobasky, 3204328
RE/MAX of Stuart
Source: Martin County REALTORS® of the Treasure Coast (MCRTC),MLS#: M20048218
Originating MLS: Martin County
Originating MLS: Martin CountyFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Primary bedroom
- Level: Main
- Dimensions: 12 x 10
Kitchen
- Level: Main
- Dimensions: 10 x 10
Living room
- Level: Main
- Dimensions: 10 x 10
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dryer, Dishwasher, Washer
Features
- Built-in Features, Separate Shower
Interior area
- Total interior livable area: 856 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Carport
- Has carport: Yes
- Covered spaces: 2
Features
- Stories: 1
Lot
- Size: 6,621 Square Feet
- Dimensions: 6600
Details
- Parcel number: 333741001000001103
- Zoning description: Residential
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block, Concrete
- Roof: Metal
Condition
- Resale
- Year built: 1957
- Major remodel year: 1987
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Cable Available, Electricity Available, Water Available, Water Connected
Community & HOA
Community
- Features: Non-Gated, Trails/Paths
- Subdivision: Baynan Terrace Cottages
HOA
- Has HOA: No
- Services included: None
Location
- Region: Jensen Beach
Financial & listing details
- Price per square foot: $397/sqft
- Tax assessed value: $226,300
- Annual tax amount: $4,072
- Date on market: 12/28/2024
- Cumulative days on market: 154 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 2/14/2025 | Sold | $340,000-5.4%$397/sqft |
Source:  Martin County REALTORS® of the Treasure Coast (MCRTC) #M20048218 Report a problem | ||
| 1/26/2025 | Pending sale | $359,500$420/sqft |
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20048218 Report a problem | ||
| 12/29/2024 | Listed for sale | $359,500$420/sqft |
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20048218 Report a problem | ||
| 12/29/2024 | Listing removed | $359,500$420/sqft |
Source: Illustrated Properties #R11015172 Report a problem | ||
| 12/2/2024 | Listing removed | $2,200$3/sqft |
Source: BeachesMLS #R10998303 Report a problem | ||
| 11/10/2024 | Price change | $359,500-2.2%$420/sqft |
Source:  BeachesMLS #RX-11015172 Report a problem | ||
| 10/31/2024 | Price change | $367,500-0.7%$429/sqft |
Source: BeachesMLS #RX-11015172 Report a problem | ||
| 10/15/2024 | Price change | $2,200-4.3%$3/sqft |
Source: BeachesMLS #R10998303 Report a problem | ||
| 10/2/2024 | Listed for rent | $2,300-4.2%$3/sqft |
Source: BeachesMLS #R10998303 Report a problem | ||
| 10/1/2024 | Listing removed | $2,400$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/19/2024 | Price change | $2,400-4%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/19/2024 | Price change | $370,000-1.3%$432/sqft |
Source: BeachesMLS #RX-11015172 Report a problem | ||
| 9/4/2024 | Price change | $2,500-3.8%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/24/2024 | Listed for sale | $375,000+33.9%$438/sqft |
Source: BeachesMLS #RX-11015172 Report a problem | ||
| 7/10/2024 | Price change | $2,600-7.1%$3/sqft |
Source: BeachesMLS #R10998303 Report a problem | ||
| 7/8/2024 | Price change | $2,800-3.4%$3/sqft |
Source: BeachesMLS #R10998303 Report a problem | ||
| 6/22/2024 | Listed for rent | $2,900+4.5%$3/sqft |
Source: BeachesMLS #R10998303 Report a problem | ||
| 5/25/2023 | Listing removed | -- |
Source: BeachesMLS #R10885427 Report a problem | ||
| 5/16/2023 | Price change | $2,775-4.3%$3/sqft |
Source: BeachesMLS #R10885427 Report a problem | ||
| 4/28/2023 | Listed for rent | $2,900$3/sqft |
Source: BeachesMLS #R10885427 Report a problem | ||
| 3/11/2022 | Sold | $280,000-3.4%$327/sqft |
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20031780 Report a problem | ||
| 1/15/2022 | Pending sale | $289,900$339/sqft |
Source:  RE/MAX International #M20031780 Report a problem | ||
| 1/15/2022 | Contingent | $289,900$339/sqft |
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20031780 Report a problem | ||
| 1/6/2022 | Price change | $289,900-5%$339/sqft |
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20031780 Report a problem | ||
| 11/8/2021 | Listed for sale | $305,000$356/sqft |
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20031780 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,036 -4.1% | $226,300 -1.2% |
| 2024 | $4,210 +3.4% | $229,120 +4.8% |
| 2023 | $4,072 +547.4% | $218,720 +263.1% |
| 2022 | $629 +2.4% | $60,243 +3% |
| 2021 | $614 -22.4% | $58,489 +1.4% |
| 2020 | $792 +47.7% | $57,682 +2.3% |
| 2019 | $536 | $56,385 +1.9% |
| 2018 | $536 +0.3% | $55,334 +2.3% |
| 2017 | $534 +8.5% | $54,099 +2.1% |
| 2016 | $493 | $52,986 +0.7% |
| 2015 | $493 | $52,618 +0.8% |
| 2014 | $493 | $52,200 -13.3% |
| 2013 | -- | $60,200 -0.5% |
| 2012 | -- | $60,483 +3% |
| 2011 | -- | $58,721 +1.5% |
| 2010 | -- | $57,853 +2.8% |
| 2009 | -- | $56,290 +0% |
| 2008 | -- | $56,279 +3% |
| 2007 | $1,330 -25.2% | $54,639 +2.5% |
| 2006 | $1,778 | $53,306 +2.5% |
| 2005 | -- | $52,015 +5% |
| 2004 | $459 | $49,558 |
| 2003 | $459 +4.4% | $49,558 +2.4% |
| 2002 | $440 -46.5% | $48,396 +9.8% |
| 2001 | $821 | $44,074 |
Find assessor info on the county website
Neighborhood: 34957
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Nearby schools
GreatSchools rating
- 8/10Felix A Williams Elementary SchoolGrades: PK-5Distance: 1.3 mi
- 6/10Stuart Middle SchoolGrades: 6-8Distance: 1.5 mi
- 6/10Jensen Beach High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Felix A Williams
- High: Jensen Beach
Source: Martin County REALTORS® of the Treasure Coast (MCRTC). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$328,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$328,200
- Florida
- Martin County
- Jensen Beach
- 34957
- 986 NE Banyan Tree Dr
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