50 SE Ocean Boulevard
Stuart, FL 34994
$549,999
$303/ft²
About this home
Fully Updated Penthouse-Level Residence beautifully updated 2-bedroom, 2.5-bathroom — the largest of only five private condos in the landmark Esplanade building in downtown Stuart. With private residential lobby and elevator access, high ceilings, crown molding, real wood floors, a gourmet kitchen, beautiful built-ins, and a dedicated office space, it has been freshly painted with a new roof and all mechanical systems recently updated — so you can enjoy carefree, low-maintenance living from day one. Imagine waking up in the heart of the Sailfish Capital of the World and stepping onto your expansive covered balcony to the sounds of the St. Lucie River and the easy rhythm of coastal life. This rare top-floor home places you at the center of one of Florida's most authentic waterfront communities — where the boating lifestyle isn't just something you do on weekends, it's part of everyday living. From your front-row perch above Confusion Corner, you're moments from world-class fishing grounds and direct ocean access via the St. Lucie Inlet. Launch your boat in the morning and be offshore chasing sailfish, mahi, or kingfish by midday. In the evening, cruise back in for dinner at a marina-front restaurant or anchor at a sandbar with friends. Hutchinson Island's pristine, uncrowded beaches are just a short drive away — perfect for sunrise walks, shelling, swimming, or simply soaking in the Atlantic breeze. This is the easy coastal life done right: mornings on the Riverwalk with coffee in hand, afternoons exploring historic downtown boutiques and galleries, and evenings enjoying live music at Rock'n Riverwalk or dinner at Sailor's Return. The acclaimed Elliott Museum and Florida Oceanographic Coastal Center are nearby for days when you want a little culture with your coastal views. And when you're ready for the energy of a bigger city, the upcoming Brightline high-speed rail station in downtown Stuart will offer convenient, car-free access to Miami and Orlando — giving you the freedom to live the relaxed Stuart lifestyle while staying connected to work, events, or weekend getaways in South Florida and beyond. The large covered balcony delivers panoramic views of historic downtown Stuart with distant glimpses of the St. Lucie River — the perfect spot to watch the daily waterfront activity or gather friends for the spectacular Fourth of July fireworks display over the river during America's 250th celebration. Healthcare peace of mind is right nearby with the prestigious Cleveland Clinic Martin North Hospital just minutes away. The entire building features impact glass and a fire sprinkler system, and two covered parking spaces add to the convenience. Whether you're an avid boater, a beach lover, or someone who simply wants the authentic Old Florida coastal lifestyle with modern connectivity, this rare penthouse-level residence offers the best of both worlds. A Must-See to Appreciate The thoughtful updates, craftsmanship, and light-filled spaces truly set this home apart. Special Note to Buyers: This unit is located in a mixed-use (commercial/residential) building. As a result, it will not qualify for conventional financing. Cash buyers or those working with portfolio lenders experienced in mixed-use properties are encouraged. Buyer to independently verify all financing options. Property Highlights: 2 Bedrooms | 2.5 Bathrooms | 1,818 Sq Ft — the largest of only 5 residential condos in the Esplanade (penthouse level) Expansive covered balcony with panoramic downtown views + distant river glimpses Two private balconies total | Private residential lobby & elevator Real wood floors, gourmet kitchen, beautiful built-ins, and dedicated office space Newly painted, new roof, and all mechanical systems recently updated for carefree living Beautifully updated with quality craftsmanship and high-end finishes Built 2007 | Impact glass & fire sprinklers building-wide Covered parking for 2 vehicles Pet-friendly | Coud come turnkey and fully furnished if you wish, Select rental options available Walk to dining, shopping, Riverwalk & future Brightline station Cleveland Clinic Martin North Hospital minutes away Direct St. Lucie River access to the Atlantic Ocean — true boating lifestyle
Property details
Listing
- MLS #
- B26045612
- Status
- For sale
- Listed on
- Jun 25, 2026
- Days on market
- 45 days
- Listing data updated
- Aug 7, 2026
Interior
- Beds
- 2
- Baths
- 2.5
- Living area
- 1,818 ft²
- Price per ft²
- $303/ft²
- Unit
- 302
Building & community
- Type
- Condo
- Year built
- 2007
- HOA fee
- $1,550/mo
- County
- Martin
Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.
True monthly cost
- Mortgage (principal & interest)
- $2,781
- Property taxes (est.)
- $504
- Home insurance (est.)
- $433
- Flood insurance (est.)
- —
- HOA fee
- $1,550
Estimated total$5,268*/mo
* Some cost lines aren't available yet for this listing; the total shown is incomplete.
Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.
Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.
What will this home really cost you?
Building structural health (SIRS)
No filing record foundWe couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.
Questions about this
What is a SIRS and why does it matter?
Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.
Has this building filed its SIRS?
We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.
What is a special assessment?
A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.
What should I check before buying in this building?
Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.
Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.
Want the full structural picture of this building before you offer?
Location
Mortgage calculator
$2,781/moEstimated principal & interest. Taxes, insurance, and HOA are not included. This is an estimate, not a quote or financial advice.
This listing is courtesy of LPT Realty, LLC.
Rebekah Lee Urbina · 561-827-8469 · becky@terrabuckleygroup.com · 877-366-2213
Data deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Similar homes nearby
1 / 63D tour$550,000$465/ft²
3772 SE Upper Street
Stuart, FL 34997
31 days on market
1 / 6NEW3D tour$550,000$310/ft²
4984 SE Railway Avenue
Stuart, FL 34997
17 days on market
1 / 63D tour$550,000$439/ft²
421 NE Plantation
Stuart, FL 34996
127 days on market
1 / 63D tour$549,995$267/ft²
208 SE Birch Terrace
Stuart, FL 34997
61 days on market