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12994 SE Papaya St
Hobe Sound, FL 33455
Listing courtesy of Real Broker, LLC. Contact: 855-450-0442.
Half an acre. R-2B zoning. No HOA. No restrictions. Opportunities like this have all but disappeared in South Florida, and this one comes fully renovated. Set across from the Intracoastal Waterway, with the Atlantic just beyond, this Hobe Sound retreat was made for boaters, anglers, and anyone who wants room to live on their own terms. The fenced and cross-fenced homesite also has 100 feet of US-1 frontage. The home is built to last, with CBS construction, a 2017 metal roof, full impact glass, and a whole-house generator hookup. Inside, the kitchen has quartz waterfall countertops and brand-new Samsung smart appliances, and porcelain tile runs throughout. The spa-inspired baths are finished in floor-to-ceiling porcelain with oversized walk-in showers. A flex room with its own half bath and private entrance works as an office, guest room, or third bedroom. Screened front and back porches extend the living space outdoors. Then there's the workshop. This is no ordinary garage. It is a massive two-story CBS structure, 20 by 42 feet (840 sq ft), with three-phase electric, fully plumbed and wired. It's built for serious work: heavy-duty tools, boat and engine projects, car restoration, or fabrication, and it's a contractor's dream. The second level adds room for storage, a studio, or a gym. The lot is RV, boat, truck, and trailer friendly, with parking for multiple vehicles and vessels and room for a pool. Jonathan Dickinson State Park is minutes away, with Loxahatchee River kayaking, trails, and camping. Hobe Sound Beach and Blowing Rocks Preserve are just over the bridge. Jupiter and Stuart are each about 20 minutes away. It's a water-lover's lifestyle in one of Martin County's best-kept secrets, and properties like it rarely come to market.
- Principal and interest
- $4,298
- Property tax
- $1,081
- Homeowners insurance
- $533
- HOA
- $0
An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.
Estimate: the price times the Martin County average total millage (16.06 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.
The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.
Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.
Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.











