4801 SE Cove Rd, Stuart, FL 34997 Property Records

Martin County property record for 4801 SE Cove Rd, Stuart, FL 34997

Property Summary

Property Type	Care Home (Retirement, Nursing, Convalescent)
Details	69 bd · 80 ba · 41,715 sqft · built 1985
Lot Size	5.59 acres (243,675 sqft)
Owner	Company Name on Record
Last Sale	$19,950,000 (Nov 2020)
Tax Bill	$93,489 (2025)
Deeds & Mortgages	Nov 2024 Mortgage Nov 2020 Sale
Flood Zone	Zone X (minimal risk)
APN	`50-38-41-000-000-0002.1-4-0000`

Property Details

APN / Parcel Number

Primary APN	`50-38-41-000-000-0002.1-4-0000`
Alternative APNs	`50-38-41-000-000-00021-4` `39887`

Interior

Bedrooms	69 Beds
Full Baths	80 Baths
Total Rooms	1 Room
Units	120 Units
Stories	1 Story
Building Area	42,417 sqft Gross Area
1st Floor Area	41,715 sqft

Exterior

Year Built	Built 1985
Effective Year Built	Effective 2000
Exterior Material	Concrete Block
Construction Type	Masonry / Concrete Block
Roof Material	Built-Up Asphalt
Lot Area	243,675 sqft
Porch	Screened Concrete Masonry Porch
Porch Area	1,955 sqft

Location & Zoning

Account Number	39887
Street Address	4801 SE COVE RD
City	STUART
State	FL
Zip	34997-1602
Property Category	Commercial
Property Type	Commercial > Retail > Care Home (Retirement, Nursing, Convalescent)
Local Zoning Code	R2B
Legal Description	HANSON GRANT PART OF LOTS 16 & 17 BEG E R/W A1A & N R/W COVE RD NWLY ALG R/W 389.07 NELY 824.93 SELY 346 TO N R/W COVE RD & SWLY 647.01 TO POB SALERNO BAY
Legal Range	41E
Legal Township	38S
Legal Section	50
Legal Subdivision	HANSON GRANT
Legal Block	2
Legal Lot Number	16,17
Jurisdiction	MARTIN FL
Township / Civil Division	PORT SALERNO-HOBE SOUND
Census Block Group	2
Census Block	2010
Census Tract	1302

Owner

Source: Martin County records, as of September 30, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	980 SYLVAN AVE, ENGLEWOOD CLIFFS, NJ 07632-3315
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Date	Document
Nov 5, 2024	Special Warranty Deed, Transfer · Unknown CAPITAL FUNDING
Nov 23, 2020	Special Warranty Deed, Transfer ATTORNEY

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Nov 23, 2020 · Amount on Record
Deed Sale	Nov 23, 2020 · Amount on Record
Prior Sale	Dec 4, 2012 · Amount on Record
Deed Document Number	20202851689
Deed Book / Page	3175 / 1681
Last Transfer Date	Oct 21, 2024
Transfer Doc	0034662448
Record Updated	Oct 29, 2026

November 2024: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	MARTIN FL
Recording Date	Nov 5, 2024
Property Address	4801 SE COVE RD, STUART, FL 34997-1602
Document Number	0034662448
Book / Page	3466 / 2448
Instrument Date	Oct 21, 2024
Instrument	3098899
Transaction Type	Transfer
Record Updated	Dec 25, 2025
Title Company	ACCOMODATION, ACCOMMODATION

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	980 SYLVAN AVE, ENGLEWOOD CLIFFS, NJ 07632-3315

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	980 SYLVAN AVE, ENGLEWOOD CLIFFS, NJ 07632-3315

Mortgage

Document Number	0003098900
Date	Nov 5, 2024
Instrument	3098900

Lender

Name	CAPITAL FUNDING
Type	Mortgage Company

Agreement

Type	Unknown
Amount	Amount Recorded

November 2020: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	MARTIN FL
Recording Date	Nov 23, 2020
Property Address	4801 SE COVE RD, STUART, FL 34997-1602
Document Number	0031751681
Book / Page	3175 / 1681
Instrument Date	Nov 2, 2020
Instrument	2851689
Transaction Type	Transfer
Record Updated	Jul 29, 2022
Title Company	ATTORNEY

Transaction

Amount	Amount Recorded
Tax	$0.00
Amount Accuracy	Estimated from Transfer Tax
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	4 W RED OAK LN # LN201, 4, WHITE PLAINS, NY 10604-3603

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	17 STATE ST STE 2525, 2525, NEW YORK, NY 10004-1535

Tax Assessment & Valuation

Source: Martin County assessment roll, as of September 29, 2026

Property Jurisdictions

Type	Name
State	Florida
County	Martin County
Unified School District	Martin County School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$93,489.00 (-20.88%)	$5,931,160 (-26.11%) Land $1,721,420 Building $4,209,740	$5,931,160 (-26.11%) Land $1,721,420 Building $4,209,740
2024	$118,165.00 (-11.12%)
2023	$132,952.00 (+10.63%) Additional exemption filed	$8,027,150 (+11.14%) Land $2,170,440 Building $5,856,710	$8,027,150 (+11.14%) Land $2,170,440 Building $5,856,710
2022	$120,172.00 Additional exemption filed	$7,222,700 Land $1,800,100 Building $5,422,600	$7,222,700 Land $1,800,100 Building $5,422,600

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective April 14, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone AE, within 500 ft
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on Record median of 34 individual policies
Community Rating System	Class 5 (25% premium discount)
Nearby Flood Policies	70 units insured incl. 36 condo units
Nearby Flood Claims	20 (1982–2021)
Claims Outside the SFHA	3 of 20
Most Recent Claim	Aug 2021 · rainfall accumulation
Claims by Event	Hurricane Wilma, Oct 2005 · 2 claims Hurricane Frances, Sep 2004 · 11 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 95% of the US · lower than 95% of Florida
Wildfire Likelihood	0.02% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	MARTIN CO UTILITIES serves 104,105 people · EPA ID FL4431891
Water Source	Groundwater
Last State Inspection	May 2025
Lead	4 ppb (2023) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	17 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 222 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
AT&T Fixed Wireless · Fiber, DSL in parts of the area	100 / 20

May also be available: Verizon.

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