Cays Realty
221 NE Plantation Road 316, Hutchinson Island, FL 34996 — MLS photo

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221 NE Plantation Road 316, Hutchinson Island, FL 34996

Active · Condominium

$379,000

221 NE Plantation Road 316, Hutchinson Island, FL 34996

Beds
2
Baths
2
Living area
1,148 sq ft
$ / sq ft
$330/sq ft
Year built
1987
Lot size
—
HOA fee
$893 Monthly
Annual tax
$4,589

About this property

Beautiful 2-bedroom, 2-bathroom retreat offered fully furnished for effortless living. This inviting home offers a spacious screened-in porch with serene views of lush greenery—perfect for relaxing or entertaining. Inside, you'll find an updated kitchen and modernized bathrooms, with the kitchen fully equipped to provide all the comforts of home. Additional features include 2 covered parking spaces and storage area, a prime location within the highly sought-after Indian River Plantation community. Club Villas residents enjoy convenient walking access to the Ocean Club Golf Course, community pool, and private beach access. Just a short drive away, you'll find vibrant downtown areas, shopping, dining, and more, making this the ideal blend of tranquility and convenience.

Property location

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221 NE Plantation Road 316, Hutchinson Island, FL 34996

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,148 sq ft
Flooring
Tile
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Cooling
Central Air, Ceiling Fans, Electric
Heating
Central, Electric
Interior features
Dining Area, Separate Formal Dining Room, Eat In Kitchen, Split Bedrooms, Walk In Closets
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
1987
Stories
4
Lot size
0 sq ft
Roof
Built Up
Exterior features
Balcony, Barbecue
Pool
None, Association, Community, Heated
Waterfront
Mangrove, Ocean Access
View
Pond

Parking

Covered spaces
2
Parking features
Assigned, Attached, Covered, Underground, Garage, Guest

HOA, Community & Financials

Association fee
$893 Monthly
Fee inclusions
Common Area Maintenance, Cable Tv, Insurance, Internet, Pools, Recreation Facilities, Reserve Fund, Roof, Sewer, Trash
Amenities
Clubhouse, Pool, Storage, Trash, Elevators
Pets allowed
No
Annual tax
$4,589
Subdivision
PLANTATION CLUB VILLAS CON
County
Martin
Days on market
203
MLS listing ID
B26010138
Listing status
Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$495

Cap rate
4.1%
Net yield
4.1%
Cash-on-cash return
-5.6%
Gross yield
9.8%
Mortgage payment
$1,797/mo
Down payment
$94,750
Loan amount
$284,250
Annual NOI
$15,619

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.