THE VIEW FROM THE TOP on Hutchinson Island Beach - Ocean Terrace at Indian River Plantation. This bright, sunny 2BR penthouse looks out to sea over the pool deck and your secure beach gate. Only 32 units, Ocean Terrace has just completed a 2 year full-building rehab, and has passed all Milestone and SIRS exams with flying colors. Enter unit #405 from the A/C lobby, above your covered parking, and enjoy the comfort and protection of a 2023 installation of the latest whole-house impact glass system. If you desire rental income, #405 has been a good earner for over 20 years. Sold fully furnished and pre-booked for winter 2026. Owners may also enjoy the Marriott's Ocean Club, a fun option for family golf/tennis/pickleball and beach club living. Low-rise, low-density living on the beach is the best way to enjoy Hutchinson Island. Easy to see, just call...
Property Features
Bedrooms
- Bedrooms: 2
- Bedroom 1 Dimensions: 18' x 12'
- Bedroom 2 Dimensions: 12' x 14'
- Bedroom 1 Level: Main
- Bedroom 2 Level: Main
Other Rooms
- Total Rooms: 3
- Living Room Dimensions: 24' x 16'
- Living Room Level: Main
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
- DualSinks
- SeparateShower
- Furnished: Yes
- Window Features: ImpactGlass
Heating and Cooling
- Cooling Features: CentralAir
- Heating Features: Central, Individual
- Heating: Yes
Exterior and Lot Features
- Balcony
- Patio And Porch Features: Balcony, Screened
Pool and Spa
Waterfront and Water Access
Garage and Parking
- Covered Spaces: 1
- Garage Spaces: 1
- Parking Features: Assigned, Covered, Guest
- Parking Total: 1
Land Info
- Lot Size Acres: 1.6432
- Lot Size Square Feet: 71578
Home Features
Homeowners Association
- Association: Yes
- Association Amenities: Elevators
- Association Fee: 1225
- Association Fee Frequency: Annually
- Association Fee Includes: AssociationManagement, CableTv, Insurance, Internet, LegalAccounting, MaintenanceStructure, PestControl, Pools, ReserveFund, Sewer, Security, Trash, Water
- Calculated Total Monthly Association Fees: 1225
- Association Phone: 7723343357
- Pets Allowed: NumberLimit, SizeLimit, Yes
- Senior Community: No
Multi-Unit Info
- Number of Units In Community: 32
- Number of Units: 32
Amenities and Community Features
- Community Features: Barbecue, Beach, BicycleStorage, ClubMembershipAvailable, Elevator, Marina, NonGated, Park, Pool, StorageFacilities, StreetLights, TrashChute
Other Property Info
- Annual Tax Amount: 8777
- Source Listing Status: Active
- County: Martin
- Tax Year: 2024
- Restrictions: NoMotorcycles, OkToLease
- Ownership: Fee Simple
- Source Property Type: Residential
- Area: 1-Hutchinson Island
- Property Subtype: condo
- Source Neighborhood: Ocean Terrace Ph 01 Condo Irp
- Parcel Number: 313742091001040508
- Postal City: Stuart
- Subdivision: Ocean Terrace Ph 01 Condo Irp
- Property Subtype: Condominium
Building and Construction
- Total Square Feet Living: 1460
- Year Built: 1981
- Building Area Total: 1600
- Common Walls: EndUnit
- Construction Materials: Block, Concrete
- Entry Level: 4
- Living Area Source: Owner
- Property Age: 44
- Property Condition: Resale
- Roof: BuiltUp
- Levels or Stories: 4
- Building Total Stories: 4
- Year Built Details: Resale
- Year Built Effective: 2024
Utilities
- Electric: Volts110, Volts220
- ElectricityConnected
