Discover a rarе wаtеrfront value іn St. Ꮮucie Settlement! Τhiѕ 2BR/2BA canal-front home offers ~74 feet of canal frontage with private dock and direct access to the St. Lucie River. Enjoy a screened patio overlooking the water, spacious living areas, and endless potential to renovate or rebuild. Nestled on a quiet street with city water & sewer, this property is an ideal entry point into the Stuart waterfront lifestyle. St. Lucie Settlement is a sought-after boating community with a mix of classic Florida homes and newer residences, most with river or canal access. Recent neighborhood sales highlight strong demand and support long-term value. Located minutes to downtown Stuart, shopping, dining, marinas, and beaches, this property combines location, lifestyle, and opportunity. A perfect chance to secure affordable waterfront living before prices climb higher—bring your vision and make this canal-front retreat your own!
Sold for $577,500 on 11/07/25
$577,500
735 SW Salerno Rd, Stuart, FL 34997
2beds
1,186sqft
Single Family Residence
Built in 1987
6,534 Square Feet Lot
$567,400 Zestimate®
$487/sqft
$2,628 Estimated rent
Home value
$567,400
$505,000 - $635,000
$2,628/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 10, 2025 at 07:00am
Listed by:
Andy Spears 772-263-2515,
RE/MAX of Stuart - Palm City
Bought with:
Stephanie Zaqqout, 3369503
NextHome Treasure Coast
Source: Martin County REALTORS® of the Treasure Coast (MCRTC),MLS#: M20052442
Originating MLS: Martin County
Originating MLS: Martin CountyFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Main
- Dimensions: 13 x 13
Bedroom 2
- Level: Main
- Dimensions: 13 x 10
Living room
- Level: Main
- Dimensions: 18 x 15
Porch
- Level: Main
- Dimensions: 18 x 10
Heating
- Electric
Cooling
- Ceiling Fan(s), Electric
Appliances
- Included: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
Features
- Eat-in Kitchen, Fireplace, Primary Downstairs, Pantry, Split Bedrooms, Separate Shower
- Flooring: Carpet, Tile
- Windows: Metal, Single Hung, Shutters
- Has fireplace: Yes
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,648
- Total interior livable area: 1,186 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Driveway, Garage, Garage Door Opener
- Has attached garage: Yes
- Covered spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch, Screened
- Exterior features: Sprinkler/Irrigation, Porch, Storm/Security Shutters
- Has view: Yes
- View description: Canal
- Has water view: Yes
- Water view: Canal
- Waterfront features: Canal Access, Deep Water, Navigable Water, Ocean Access, Water Access
Lot
- Size: 6,534 sqft
- Dimensions: 70 x 87 x 74 x 98
- Features: Flood Zone, Sprinklers Automatic
Details
- Parcel number: 553841012000003207
- Zoning description: R-2
- Special conditions: Estate,Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch,Traditional
- Property subtype: Single Family Residence
Materials
- Frame, Stucco
- Roof: Composition,Shingle
Condition
- Resale,Fixer
- Year built: 1987
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Sewer Available, Sewer Connected, Water Available, Water Connected
Community & neighborhood
Community
- Community features: Dock, Non-Gated
Location
- Region: Stuart
- Subdivision: St. Lucie Settlement
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $50 monthly
- Services included: None
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 11/7/2025 | Sold | $577,500-3.7%$487/sqft |
Source:  Martin County REALTORS® of the Treasure Coast (MCRTC) #M20052442 Report a problem | ||
| 10/31/2025 | Pending sale | $599,555$506/sqft |
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20052442 Report a problem | ||
| 10/17/2025 | Listed for sale | $599,555$506/sqft |
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20052442 Report a problem | ||
| 10/15/2025 | Contingent | $599,555$506/sqft |
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20052442 Report a problem | ||
| 10/6/2025 | Listed for sale | $599,555-7.7%$506/sqft |
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20052442 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,633 +2.8% | $179,594 +3% |
| 2023 | $2,560 +1.1% | $174,364 +3% |
| 2022 | $2,532 +0% | $169,286 +3% |
Find assessor info on the county website
Neighborhood: 34997
Nearby schools
GreatSchools rating
- 8/10Crystal Lake Elementary SchoolGrades: PK-5Distance: 2.5 mi
- 5/10Dr. David L. Anderson Middle SchoolGrades: 6-8Distance: 1.4 mi
- 5/10Martin County High SchoolGrades: 9-12Distance: 3.5 mi
Schools provided by the listing agent
- Elementary: Crystal Lake
- Middle: Dr. David L. Anderson
- High: South Fork
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
$567,400
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
$567,400