Montego Cove April 2019 Market Report

04.26.19 by

Montego Cove April 2019 Market Report

There are 7 condos for sale in Montego Cove in Stuart FL for April 2019.  List prices range from $205,000 up to $240,000.  This is an average list price of $216,557 which works out to $141.40 per sq. ft. of living area.

There is 1 condo under contract awaiting the finalization of the sale.  The list price was $225,000 or $149.40 per sq. ft. of living area. This condo was on the market for 22 days before going under contract.

In the past 12 months, 11 condos have sold in Montego Cove.  Sales prices ranged from $162,500 up to $245,000 for an average sales price of $205,764 which equals $130.78 per sq. ft. of living area.  These condos averaged 62  days on market before accepting the final offer and sold for an average of 97% of the last listed price.

About the Montego Cove Condos in Stuart FL

Montego Cove Condos in Stuart FL

Located just west of US-1 (Federal Highway) off of Cove Rd, this attractive Condo community on over 50 acres with 30 residential buildings for a total 182 units that are mostly 2 bedroom, 2 bathroom condos and a few 3 bedroom ones and one 1 bedroom condo.  Living areas range from 1,506 sq. ft. to 1,683 sq. ft. for the 2 bedroom condos and 1,722 sq. ft. for the 3 bedroom condos.  This complex opened in 1985 and the last section was completed in 1989.

Montego Cove Condos in Stuart FL

This community offers ample green spaces along with 2 tennis courts, 2 pools, shuffleboard and a clubhouse. This is a 55 and over age-restricted community.  There is one covered parking space (carport) for each home and extra uncovered spaces for guests and residents.  One small pet (under 15 lbs.) is permitted.

Montego Cove

There are abundant green spaces and two small lakes for serene water views for most homes in Montego Cove.  Those without water views have private preserve views.

Montego Cove

An excellent location close to great restaurants and the fishing center of Stuart in Port Salerno and just a short few minutes to access I-95 and points north or south only a few hours away.  Medical facilities, as well as professional services, are also only a short distance away.

Montego Cove

As of April 2019, the Condo fee is $410 per month.  This includes the maintenance, insurance, and upkeep of all the common areas and facilities as well as each building, trash pickup, management, cable TV, and pest control.

Click here to see the available Montego Cove condos for sale

Montego Cove April 2019 Market Report

Stuart FL 34997 Residential Market Report March 2019

04.25.19 by

Stuart FL 34997 Residential Market Report March 2019

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for March 2019

For March 2019 in the 34997 Zip Code area of Stuart, Florida:

There are currently 339 active listings (Decreased by 22 homes from February).

Stuart FL 34997 Residential Market Report March 2019 

197 Residential sales are pending and awaiting close or lender approval (Up by 31 homes from February). 

Stuart FL 34997 Residential Market Report March 2019

89 Homes Sold in March (Increased by 12 homes from February)

Stuart FL 34997 Residential Market Report March 2019

      The Stuart Florida Residential Market for ZIP Code 34997 is once again leading Martin County segments as the most active segment for sales.  Both closed and pending sales rose and remain very strong.
     The absorption rate dipped to 3.8 months (was 4.7 months for February).  Back into a pretty extreme seller’s market for the 34997 zip code area of Stuart for March 2019.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7-month absorption rate.
     The 2018 numbers for March, were: 297 active listings, 164 pending listings, and 92 closed sales.  Slightly stronger closed sales volume last year but better pending numbers for this year.
Stuart FL 34997 Residential Market Report March 2019

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Search here for homes for sale in the 34997 zip code area of Stuart FL

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Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team

Stuart FL 34997 Residential Market Report March 2019

Indian River Point April 2019 Market Report

04.25.19 by

Indian River Point April 2019 Market Report

For April 2019, there are 3 homes available for sale in the Indian River Point (a.k.a. Newport Jensen) community of Jensen Beach on Hutchinson Island.  These homes are listed for prices ranging from $319,900 up to $590,000.  This is an average list price of $436,596 which equals $234.08 per sq. ft. of living area.

There are also 3 homes currently under contract.  List prices ranged from $285,000 up to $335,000.  This equals an average list price of $306,472 which is $203.85 per sq. ft. of living area.  These homes averaged 113 days on the market before going under contract.

In the past 12 months, 5 homes have sold in this waterfront community.  The sales prices ranged from $238,000 up to $585,000.  This works out to an average sales price of $344,380 or $212.41 per sq. ft. of living area.  These homes took an average of 79 days on the market before going under contract and they sold for an average of 97% of list price.

About Indian River Point:

Indian River Point

Situated on the shores of the wide Intracoastal at the east side of the Jensen Beach Causeway is the private community of Indian River Point (also known by its official designation as Newport Jensen). This non-gated community of 67 homes features community docks with a fishing station, tennis court, community pool and outdoor areas for barbecuing.

Indian River Point in Jensen Beach Indian River Point in Jensen Beach

Homes were constructed from 1976 to 2001 (with the majority of them built from 1976 to 1983), though some of the homes have been totally remodeled and appear brand new. Sizes range from 2 Bedroom, 2 Bathroom homes of 1,100 sq. ft. up to 4 Bedroom, 3 Bathroom homes of up to 2,370 sq. ft. of living area. Both one and two story homes are in this waterfront community. Some homes have a 1 car garage while others have assigned parking spaces near or in front of the residences.
As of this writing, the homeowners association fees are $335 a month and these include basic cable TV, landscape and lawn maintenance as well as the insurance and care of the common areas and facilities.

Indian River Point in Jensen Beach Indian River Point in Jensen Beach

Indian River Point is a wonderful and tight knit small community that is within walking distance to the beaches and only a short drive to quaint downtown Jensen Beach. Close to restaurants, shopping and in the ‘A’ rated Martin County School District. A wonderful winter getaway or full time Florida home.

Indian River Point in Jensen Beach

Search for Indian River Point Homes for Sale in Jensen Beach

 Indian River Point April 2019 Market Report

Jensen Beach FL 34957 Condo Market Report March 2019

04.24.19 by

Jensen Beach FL 34957 Condo Market Report March 2019

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for March 2019

For March 2019 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 104 active listings. (Decreased by 18 condos from February)

Jensen Beach FL 34957 Condo Market Report March 2019

54 Condo sales are pending and awaiting settlement. (Up by 18 condos from February)

Jensen Beach FL 34957 Condo Market Report March 2019

22 Condos Sold (Up by 9 condos from February)

Jensen Beach FL 34957 Condo Market Report March 2019

 The Jensen Beach FL 34957 Condo Market Report rebounded strongly from a couple of weak winter months.  Both closed and ending sales saw significant improvements from the past few months.

The one-month absorption rate for the March 2019, Jensen Beach Florida Market Report ZIP Code 34957 plunged to 4.7 months (from 9.4 months in February), back into a seller’s market after a few months absence.  A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The March 2018 numbers were: 109 active listings, 58 pending sales, and 27 condos closed.  A better volume of closed and pending sales last year for Jensen Beach condos.

Jensen Beach FL 34957 Condo Market Report March 2019

Are you interested in the value of your Jensen Beach FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report March 2019

Palm Pointe and Palm Isles April 2019 Market Report

04.24.19 by

Palm Pointe and Palm Isles April 2019 Market Report

There are currently 3 active listings in Palm Pointe and Palm Isles community of Palm City FL.  List prices for these homes range from $289,888 up to $359,990. This results in an average list price of $334,959 which equals $151.23 per sq. ft. of living area.

At this time, there are no homes under contract.

Six homes have sold in the past 12 months.  Sales price ranged from $250,000 up to $350,000.  This equals an average sales price of $285,167 which works out to $165.15 per sq. ft. of living area.  These homes were on the market for an average of 43 days prior to going under contract and sold at an average of 98% of list price.

About the Palm Isles and Palm Pointe Community in Palm City:

Palm Isles and Palm Pointe in Palm City

Palm Pointe and Palm Isles are adjoining communities in Palm City just east of High Meadow Rd between Martin Downs Blvd and Martin Hwy. These gated communities are conveniently located close to both Florida’s Turnpike and I-95 making it a great location for those who commute to parts north or south for work, yet want to take advantage of the great school system and amenities that Martin County has to offer. Also within easy reach of shopping, restaurants and medical facilities as well as the many boat ramps and Marinas of Martin County.

 Palm Pointe and Palm Isles in Palm City

There are a total of 128 homes that were built from 1990 through 1996 for Palm Pointe and 1999 to 2001 for Palm Isles. These two communities share a community pool, tennis courts and a playground.

Palm Isles and Palm Pointe in Palm City

Homes range in size from 2 bedroom, 2 bathroom homes of around 1,400 sq. ft. of living space plus a two car garage, up to 4 bedroom, 4 bath homes of around 2,400 sq. ft. plus garage. Many homes in these communities have their own private pools and a lucky few have wonderful lake views.

Palm Isles and Palm Pointe in Palm City

As of April 2019, HOA fees were just over $200 a month and this community allows large pets and rentals. There are vehicle restrictions for commercial trucks.

Palm Pointe and Palm Isles in Palm City Palm Pointe and Palm Isles in Palm City

Search for Palm Pointe and Palm Isles Homes for Sale

Palm Pointe and Palm Isles April 2019 Market Report

Jensen Beach FL 34957 Residential Market Report March 2019

04.23.19 by

Jensen Beach FL 34957 Residential Market Report March 2019

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for March 2019

 For March 2019 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 230 active listings. (Down by 21 home from last month)

Jensen Beach FL 34957 Residential Market Report March 2019

92 Residential sales are pending and awaiting close or lender approval. (Increased by 37 home from February)

Jensen Beach FL 34957 Residential Market Report March 2019

40 Homes Sold (Increased by 11 homes from February)

Jensen Beach FL 34957 Residential Market Report March 2019

The Jensen Beach FL 34957 Residential Market rebounded very strongly from weaker winter activity with strong increases in both pending and closed sales.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 dropped to 5.8 months ( was 8.7 months in February).  Back into a seller’s market for Jensen Beach homes.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The March 2018 numbers were: 186 active listings, 93 pending sales, and 34 home sales closed.  A very similar volume of sales and pending sales to last year, but this is with an increased inventory of Jensen Beach homes for sale.
Jensen Beach FL 34957 Residential Market Report March 2019
Are you interested in the value of your Jensen Beach FL Home?
Click on this link and fill out the form for an accurate personal evaluation

Jensen Beach Florida Real Estate presented by:
the Gabe Sanders real estate team

Jensen Beach FL 34957 Residential Market Report March 2019

Island Village Hutchinson Island April 2019 Market Report

04.23.19 by

Island Village Hutchinson Island April 2019 Market Report

There are 8 townhomes for sale in the Island Village community of Hutchinson Island.  List prices range from $140,000 up to $179,900.  This is an average list price of $163,450 or $128.70 per sq. ft. of living area.

There is one property under contract in Island Village.  The list price was $189,900 which is $149.53 per sq. ft. of living area.

Only one townhome has sold in the past 12 months.  The sales price was $160,000 which equals $125.98 per sq. ft. of living area.  This home was on the market for 12 days prior to going under contract and sold for 88% of list price.

About Island Village on Hutchinson Island FL:

Island Village on Hutchinson Island FL

Island Village in Jensen Beach on Hutchinson Island is a townhouse community that was developed between 1981 and 1983.  Located on a huge preserve area on the west side of Highway A-1-A  with deeded ocean access just across the street. Island Village was created in two different phases, with phase I offering 28 quad style townhouses that offer 2 bedrooms, 2 and ½ baths and 1,328 sq. ft. of living area.  While phase II consists of 96 units of 1,270 sq. ft. with 2 bedrooms and 1 and ½ baths, in buildings with various sized units.

Island Village Townhouses on Hutchinson Island

As of September 2018, the HOA fees (which include insurance as in condo communities) are $360 per month for phase I (quad style) and $330 per month for phase II (row style).  These fees include Cable, Fire/Liability Insur, Grounds / Plants, Maintenance Exterior, Maintenance Interior, Manager, Recreational Facility, Reserve Funds, Roof Maintenance, Sewer, Trash Removal and Water.

Island Village Townhouses on Hutchinson Island Island Village Townhouses on Hutchinson Island

This community is pet-friendly and allows up to two small pets per unit.  Rentals are also permitted with a minimum duration restriction.

Island Village Townhouses on Hutchinson Island Island Village Townhouses on Hutchinson Island

Amenities include a heated pool, two tennis courts, and common areas as well as a deeded beach access area.

Island Village Townhouses on Hutchinson Island

Click here for the currently available Island Village Townhouses for sale

palm pointe

Island Village Hutchinson Island April 2019 Market Report

Stuart FL 34996 Condo Market Report March 2019

04.22.19 by

Stuart FL 34996 Condo Market Report March 2019

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for March 2019

For March 2019 in the 34996 Zip Code area of Stuart, Florida :

There are currently 131 active condo listings (Down by 7 condos from last month).

Stuart FL 34996 Condo Market Report March 2019

50 Condo sales are pending and awaiting close or lender approval (Down by 1 condo from February).

Stuart FL 34996 Condo Market Report March 2019

24 Condos Sold in March (Up by 8 condos from February) 

Stuart FL 34996 Condo Market Report March 2019

The Stuart FL 34996 Condo Market of Stuart had stronger activity than last month bringing this segment back into a seller’s market.  Though still not as strong as it was last year, but quite active none the less.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 dropped to 5.5 months from February’s 8.6 months. Transitioning back into a seller’s market for this segment of Martin County condos after a number of months in a buyer’s market.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for March 2018 were: 139 active listings, 55 pending sales, and 29 closed sales.  Better activity last year for condo sales in the 34996 zip code of Stuart FL.

Stuart FL 34996 Condo Market Report March 2019

Are you interested in the value of your Stuart FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Search here for condos for sale in the 34996 zip code area of Stuart FL

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart FL 34996 Condo Market Report March 2019

Whitemarsh Reserve April 2019 Market Report

04.22.19 by

Whitemarsh Reserve April 2019 Market Report

For April 2019, there are no homes available for sale in Whitemarsh Reserve in Stuart FL.

There is 1 townhome currently under contract.  It was listed for $279,900 or $129.34 per sq. ft. of living area.  This homes went under contract 46 days after being listed.

In the past 12 months, 21 homes have sold in Whitemarsh Preserve.    Sales prices ranged from $216,500 up to $270,000 for an average sales price of $253,271 which is $123.67 per sq. ft. of living area.  These homes averaged 70 days on market prior to going under contract and sold for an average of 98% of list price.

About Whitemarsh Reserve:

Whitemarsh Reserve

This gated community of new town-homes located in Stuart, just off Kanner Highway (SR 76) is a great place for families or singles. Most Whitemarsh Reserve townhomes have private wetlands views and there’s a tranquil nature trail for relaxing walks or exercise. Residents enjoy a resort style pool, basketball court, and a play area for children! This community is like a portrait with its beautiful landscaping.

Whitemarsh Reserve in Stuart FL Whitemarsh Reserve in Stuart FL

Whitemarsh Reserve townhomes were first built in 2006 and continued through 2012.  The initial townhomes were larger than the last ones that were built.  With the largest ones being 2,299 sq. ft. of living space with 3 bedrooms and 2 bathrooms with 2 car garages and the smallest ones having only 1,000 sq. ft. with 2 bedrooms and 2 bathrooms and a single car garage.

Whitemarsh Reserve in Stuart FL Whitemarsh Reserve in Stuart FL

This is a pet-friendly community allowing up to one large dog.  Rentals are also allowed with some restrictions.  The HOA is $154 per month and includes the maintenance of the common areas, basic cable TV, landscaping and lawn service, exterior painting, trash pickup, and the manager.

Whitemarsh Reserve in Stuart FL Whitemarsh Reserve in Stuart FL

Only minutes to I-95 for those wishing to commute either north or south.  Only 30 minutes to West Palm Beach and about 2 hours to Orlando and it’s attractions. The surrounding city of Stuart is a great place to live in with its ‘A’ rated schools, a variety of great restaurants, shopping, gorgeous beaches, and recreational activities.

Whitemarsh Reserve in Stuart FL

Search for all Whitemarsh Reserve Real Estate in Stuart FL

Whitemarsh Reserve

Whitemarsh Reserve April 2019 Market Report

Stuart Florida Real Estate is presented by:
the Gabe Sanders real estate team

Like New Central Stuart Pool Home Under Contract

04.21.19 by

Like New Central Stuart Pool Home Under Contract

An almost new home (built in 2014) custom built to the owners discriminating taste and to the highest standards.  This Riverside drive home has every feature you would expect and is in Stuart’s most desirable neighborhood.  This CBS home with a metal roof is designed for coastal living and entertaining both friends and family.   There is maple wood flooring throughout the main living areas and bedrooms. The living room is open and airy and features the warmth of a gas fireplace.

Central Stuart FL Pool Home Central Stuart FL Pool Home

The sumptuous owner’s bath has a pedestal tub, granite tops and onyx floors with a separate rain shower.  The large walk-in closet has custom designed maple shelves and drawers.  A chef’s kitchen features Cambria counter tops, gas convection oven and cooktop, pot filler, high-velocity exhaust fan, and a farm sink. The pool and spa have a salt filtration system. Worry-free hurricane glass doors and windows negate the need for shutters. Handcrafted mahogany front entrance door. Exceptionally high and coffered ceilings, superior crown and baseboard moldings milled by Palm City craftsmen. Additional features include an alarm system, gas tank, cameras, Icynene insulation, 2 attics for storage, 2 gas instant hot water heaters and gas fireplace (convertible to wood).

Central Stuart FL Pool Home Central Stuart FL Pool Home

Central Stuart FL Pool Home Central Stuart FL Pool Home

Search for all Central Stuart FL homes for sale here

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Or call us at (772) 323-6996

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Like New Central Stuart Pool Home Under Contract


Commercial Condo in Stuart Under Contract

04.20.19 by

Commercial Condo in Stuart Under Contract

Sawgrass Business Center

Here’s your chance for an excellent business opportunity at an affordable price in the Sawgrass Business Center.  Extremely well located on Indian Street between Kanner Highway by the newer Veterans memorial Bridge to Palm City and US-1-Federal Highway.  This mostly open space is ready for your vision for a successful commercial venture in Stuart FL.

Sawgrass Business Center

Being a commercial condo, exterior maintenance and building insurance is included in the management fee of $280.00 per month.   

Sawgrass Business Center

Search here for commercial opportunities in the Stuart FL area

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Commercial Condo in Stuart Under Contract

The Princess of Hutchinson Island April 2019 Market Report

04.20.19 by

The Princess of Hutchinson Island April 2019 Market Report

As of April 2019, there are 6 condos for sale in the Princess of Hutchinson Island.  The list prices range from $279,000 up to $434,900.  This is an average list price of $353,617 or $245.88 per sq. ft. of living area.

There is one condo under contract.  The list price was $349,000 which equals $270.54 per sq. ft. of living area.  This condo was on the market for 20 days prior to going under contract.

In the past 12 months, 16 condos have sold in this oceanfront building.  Sales prices ranged from $270,000 up to $465,000.  This is an average sales price of $345,688 which works out to an average of $242.01 per sq. ft. of living area.  These condos were on the market for an average of 98 days before going under contract and sold for an average of 94% of the last list price.

About the Princess of Hutchinson Island Condos:

the Princess of Hutchinson Island Condos

The Princess of Hutchinson Island is one of the more elegant high rise condominiums on Hutchinson Island in Jensen Beach.  Located just North and East of Nettles Island and just 2 miles North of the Jensen Beach Causeway this 20 story condominium has both 3 bedroom, 2 bathroom condos, and 2 bedroom, 2 bathroom condos with varying floor plans from 1,209 sq. ft. to spacious 1,716 sq. ft. units.

The Princess of Hutchinson Island The Princess of Hutchinson Island

The Princess was built in 1984 and has a heated pool, Jacuzzi, a common area with a game room, kitchen and bar.  There are tennis and bocce courts as well as trailer parking and a vehicle wash area.

the Princess of Hutchinson Island Condos

The maintenance fee (which includes the use of all facilities as well as exterior maintenance and insurance) varies from just under $500 a month to $700 a month depending on the size of the condo.  The Princess of Hutchinson Island is one of the premier locations on the Island and is a much sought after building.

The Princess of Hutchinson Island

Search here for all available Princess of Hutchinson Island Condos for Sale

the Princess of Hutchinson Island Condos

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – Atlantis – Claridge – Dune Walk – Empress – Island Club –  Island Crest – Island Dunes – Islandia – Miramar – Miramar Royale – Ocean Dunes – Oceana North – Oceana Oceanfront – Oceana South – Ocean Towers – Oceanrise  – Ocean Bay Villas – Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

The Princess of Hutchinson Island April 2019 Market Report

Stuart FL 34996 Residential Market Report March 2019

04.19.19 by

Stuart FL 34996 Residential Market Report March 2019

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for March 2019

For March 2019 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 163 active listings (Decreased by 8 homes from February).

Stuart FL 34996 Residential Market Report March 2019 

49 Residential sales are pending and awaiting close (Up by 10 homes from February).

Stuart FL 34996 Residential Market Report March 2019

18 Homes Sold in March (Down by 3 homes from February).

Stuart FL 34996 Residential Market Report March 2019

The 34996 zip code area of the Stuart Florida had a nice jump in pending sales.  Unfortunately, closed sales were down compared to last month while the inventory stayed fairly steady.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for March rose to 9.1 months as compared to the 8.1 months for last month.  Remaining in a buyer’s market for the 34996 zip code area of Stuart FL.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to a 7 month absorption rate.

The numbers for March 2018 were: 133 active listings, 48 pending sales, and 29 closed sales.  Better closed sales numbers for last year.  A slightly higher number of pending sales this year, but this is also with a considerably greater number of available homes for sale (inventory).

Stuart FL 34996 Residential Market Report March 2019

Are you interested in the value of your Stuart FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Search here for homes for sale in the 34996 zip code area of Stuart FL

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Stuart Florida Real Estate presented by:
Gabe Sanders – Stuart Florida Real Estate

Stuart FL 34996 Residential Market Report March 2019

The Falls of Jensen Beach April 2019 Market Report

04.19.19 by

The Falls of Jensen Beach April 2019 Market Report

For April 2019 there is only 1 home available for sale in the Falls of Jensen Beach.  The list price is $565,000 or $184.82 per sq. ft. of living area.

There are no homes under contract currently.

In the past 12 months, 8 homes have sold in the Falls of Jensen Beach.  Sales prices ranged from $491,900 up to $640,000.  This is an average sales price of $534,988 which is equal to $174.51 per sq. ft. of living area.  These homes averaged 83 days on the market before going under contract and sold on average for 97% of the listed price.

About the Falls in Jensen Beach FL:

The Falls in Jensen Beach FL

A newer Kolter community located just north and west of the Treasure Coast Mall in Jensen Beach FL.  This is a gated community with spacious lots, many of which have serene preserve or lake views from the back patio and yard.

The Falls of Jensen Beach real estate

The Falls is in a wonderful location close to shopping, restaurants as well as professional services and only a few minutes to the beaches and waterways that Martin County has to offer.  Children living in the falls have the privilege of attending Martin County ‘A’ rated schools.  Currently, these are the Jensen Beach Elementary school, Stuart Middle school, and the Jensen Beach High school.

The Falls in Jensen Beach FL

Construction in the Falls began in 2006 and all of the 130 lots have now been built, with the latest homes just recently completed in 2016.  As of this writing, there are only two new homes available from the builder, but resale homes have been coming on the market at a fairly steady rate.

Homes sizes in the Falls range from 4 bedroom, 3 bathroom homes of 2,236 sq. ft. of living area up to 5 bedroom, 4 bathroom homes with just under 4,500 sq. ft. under AC.  The majority of the homes in the falls have 3 car garages.  Homes range from single story ranch style designs to two-story homes and many have private pools.

The Falls in Jensen Beach FL

Since this is a newer community, all homes meet the latest building codes for hurricane and wind protection and most homes also feature an updated kitchen with granite countertops.

The Falls of Jensen Beach real estateThe Falls of Jensen Beach real estate

The HOA fee includes your landscape and lawn service, basic cable TV as well as security and the common areas.  There is no community pool or clubhouse in the Falls.

Jensen Beach real estate is presented by Gabe Sanders, Stuart FL real estate

or search for all homes here

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Here are the currently available homes in the Falls of Jensen Beach

The Falls of Jensen Beach April 2019 Market Report

Palm City FL 34990 Condo Market Report March 2019

04.18.19 by

Palm City FL 34990 Condo Market Report March 2019

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for March 2019

For March 2019 in the 34990 Zip Code area of Palm City, Florida :

There are currently 85 active condo listings. (Decreased by 5 condos from February)

Palm City FL 34990 Condo Market Report March 2019 

15 Condo sales are pending and awaiting close or lender approval. (Down by 4 condos from last month)

Palm City FL 34990 Condo Market Report March 2019

11 Condos Sold in March. (Up by 7 condos from February)

Palm City FL 34990 Condo Market Report March 2019

The Palm City FL 34990 condo real estate market remains a fairly small segment of the Martin County condo market.  The sales activity in this market is challenging because of two condo communities with high equity and association fees that are currently not in favor with the general public.  Though, those who love golf, there are some incredible bargains in these communities.  March showed a nice rise in activity for these communities.

The current absorption rate for condos in the 34990 zip is 7.7 months (was 22.5 months in February).  Still a buyer’s market for Palm City condominiums but much better than the last few months.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The March 2018 numbers were: 96 active listings, 12 pending sales, and 9 closed sales.  Better sales and pending activity this year on lower inventory.
Palm City FL 34990 Condo Market Report March 2019
Are you interested in the value of your Palm City FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Search here for condos for sale in the 34990 zip code area of Palm City FL

Palm City Florida Real Estate presented by
the Gabe Sanders real estate team

Palm City FL 34990 Condo Market Report March 2019

Atlantis Condos on Hutchinson Island April 2019 Market Report

04.18.19 by

Atlantis Condos on Hutchinson Island April 2019 Market Report

There are currently 7 condos on the market in the three Atlantis condo buildings on Hutchinson Island in Jensen Beach FL.  List prices range from $199,000 up to $364,999. This is an average list price of $277,386 which equates to $253.29 per sq. ft. of living area.

There are 2 Atlantis condos that are under contract and haven’t sold to date (pending sales).  List prices were $239,900 and $309,500.  This works out to an average list price of $274,700 which equals $246.81 per sq. ft. of living area.  These condos were on the market for an average of 20 days before going under contract.

In the past 12 months, 15 condos have sold in Atlantis.  Sales prices ranged from a low of $155,000 up to $345,000.  Making for an average sales price of $258,667 or $228.43 per sq. ft. of living area.  These condos sold in an average of 122 days and at an average of 95% of list price.

About Atlantis Condos:

Atlantis Condos on Hutchinson Island in Jensen Beach FL

Atlantis Condos on Hutchinson Island in Jensen Beach FL (Saint Lucie County) consists of three buildings.  Atlantis ‘A’, Atlantis ‘B’ and Atlantis ‘III’.   Buildings A and B were constructed in 1978 and consist of 68 2 bedroom 2 bathroom condos with 1,053 sq. ft. of living space on 7 stories.  End units are slightly bigger with wrap around balconies and 1113 sq. ft. of living space.  Building III was built in 1982, also with the same number of condos but is slightly larger with 1,151 sq. ft. interior units and 1,258 sq. ft. on the ends.

Atlantis Condos on Hutchinson Island in Jensen BeachCondo association fees at the time of this post were in the low $300’s per month for Buildings A & B and the low $400’s for Atlantis III.  These three buildings have two pools in between them as well as direct ocean access from the rear of all buildings.  Those on floors 3 to 7 enjoy excellent ocean and beach views, while the lower floors have partially blocked views because of the sand dunes. There is ample outdoor parking for all residents as well as two tennis courts and a vehicle wash area.

Atlantis Condos on Hutchinson Island in Jensen Beach FL

The Atlantis condos are conveniently located just 1 and ½ miles north of the Jensen Beach Causeway and within an easy drive of shopping, restaurants and all the amenities offered on Florida’s Treasure Coast.

Atlantis Condos on Hutchinson Island in Jensen BeachAtlantis Condos on Hutchinson Island in Jensen Beach

Give the Gabe Sanders BlueWater realty team a call or email if you would like more information or wish to see the Atlantis complex in Jensen Beach FL.

Hutchinson Island real estate is presented by Gabe Sanders, Stuart FL real estate

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Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – Claridge – Dune Walk – Empress – Island Club –  Island Crest – Island Dunes – Islandia – Miramar – Miramar Royale – Ocean Dunes – Oceana North – Oceana Oceanfront – Oceana South – Ocean Towers – Oceanrise  – Ocean Bay Villas – Princess –  Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

Atlantis Condos on Hutchinson Island April 2019 Market Report

Palm City FL 34990 Residential Market Report March 2019

04.17.19 by

Palm City FL 34990 Residential Market Report March 2019

 Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for March 2019

For March 2019 in the 34990 Zip Code area of Palm City Florida :

 There are currently 386 active listings (Down by 16 homes from February)

Palm City FL 34990 Residential Market Report March 2019

150 Residential sales are pending (Up by 3 homes from last month)

Palm City FL 34990 Residential Market Report March 2019

87 Homes Sold in September (Up by 25 homes from February)

Palm City FL 34990 Residential Market Report March 2019

The Palm City FL, zip code 34990 residential real estate market rebounded with very strong increases in sales and pending sales compared to the last two months.
The monthly absorption rate plunged to 4.4 months from 7.7 months in February.  Back into a strong seller’s market for the Palm City zip code 34990 area.  A 6 to 7-month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The March 2018 numbers were:  391 active listings, 171 pending sales, and 81 closed sales.  Slightly greater closed sales this year and slightly less pending sales on similar inventory numbers.

Palm City FL 34990 Residential Market Report March 2019

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Palm City Florida Real Estate presented by:
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Palm City FL 34990 Residential Market Report March 2019

Pierpoint Yacht Club April 2019 Market Report

04.17.19 by

Pierpoint Yacht Club April 2019 Market Report

There are 5 condos for sale in Pierpoint for April 2019.  List prices range from $104,500 up to $174,900.  This is an average list price of $153,260 or $120.82 per sq. ft. of living space.

There is 1 condo currently under contract in Pierpoint.  The list price was $144,900 which is $131.73 per sq. ft. of living space.  This condo was on the market for 12 days prior to going under contract.

In the past 12 months, 10 condos have sold in Pierpoint.  Sale prices ranged from $112,000 up to $265,000 for an average sales price of $159,340 which equals $127.44 per sq. ft. of living space.  These condos went under contract in an average of 56 days after being listed and sold at an average of 98% of list price.

About the Pierpoint Condos in Stuart FL:

Pierpoint Condos for Sale in Stuart FL

This friendly, active 55+ condominium offers two community pools, grills, shuffleboard, a waterfront clubhouse, and dock.

Pierpoint Condos in Stuart FL

Located in the heart of Stuart and on the shores of the wide Saint Lucie River, the Pierpoint Yacht Club Condominiums is the premier adult community in Stuart, Florida. An extremely well-maintained complex of 8 buildings, some of which have magnificent water views.

Pierpoint Condos in Stuart FL

Pierpoint has docks with boat slips for rent as available. Also on this dock is a fishing station and benches for all Pierpoint residents to enjoy and use. Stuart enjoys some of the finest fishing conditions in all of Florida and the east coast.

 Pierpoint Condos for Sale in Stuart FL

On the shores of the Saint Lucie River, Pierpoint has a large and active clubhouse with a full kitchen available for members and special occasions. Adjacent to the clubhouse is one of two heated pools, a billiard room, reading library and shuffleboard courts. There’s an outdoor lounge for sipping cocktails right on the shores of the wide Saint Lucie River. Lots of green space and ample parking complement this wonderful community.

 Pierpoint Condos for Sale in Stuart FL

As of April 2019, the condo fees in Pierpoint were $346.00 per month for a one bedroom condo and $367.00 per month for a two-bedroom condo.  These fees cover Basic Cable TV, Fire/Liability Insurance, Grounds / Plants, Maintenance Exterior, Manager, Pest Control, Recreational Facility, Roof Maintenance, Trash Removal, Water and Sewer.

Pierpoint Condos in Stuart FL

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Pierpoint Yacht Club April 2019 Market Report

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Stuart Florida Real Estate presented by:
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Stuart FL 34994 Condo Market Report March 2019

04.16.19 by

Stuart FL 34994 Condo Market Report March 2019 

Stuart FL Real Estate Snapshot for ZIP Code 34994, Condo Sales for March 2019

For March 2019 in the 34994 Zip Code area of Stuart, Florida :

There are currently 105 active condo listings (Down by 8 condo from February).

Stuart FL 34994 Condo Market Report March 2019 

47 Condo sales are pending and awaiting close or lender approval. (Down by 3 condos from last month) 

Stuart FL 34994 Condo Market Report March 2019

26 Condos Sold in February (Up by 6 condos from February).

Stuart FL 34994 Condo Market Report March 2019

The Stuart FL 34994 Condo market continues to show very strong activity for the early Spring market.  There are no signs of a slowdown for this segment.

The absorption rate for March dropped to 4.0 months compared to last month’s 5.7 months.  Now a more extreme seller’s market for this condo segment of Stuart’s 34994 zip code area.  Typically a real estate market is considered to be a balanced market with an absorption rate of 6 to 7 months.  Meaning neither the buyers or sellers have an advantage in the real estate market.

Last March the numbers were 127 active listings, 67 pending sales, and 26 closed sales.  Sales volume is the same as last year with reduced inventory.  There was better-pending activity last year.

Stuart FL 34994 Condo Market Report March 2019

Are you interested in the value of your Stuart FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Click here for condos for sale in the 34994 zip code area of Stuart FL

Stuart FL 34994 Condo Market Report March 2019 

 

Orchid Bay Palm City FL April 2019 Market Report

04.16.19 by

Orchid Bay Palm City FL April 2019 Market Report

There are currently 6 homes listed for sale in Orchid Bay.  List prices range from $455,000 up to $799,000 for an average list price of $543,800 which is $181.57 per sq. ft. of living area.

There are 2 homes currently under contract in Orchid Bay.  List prices were $529,999 and $629,000.  This works out to an average list price of $579,500 or $198.60 per sq. ft. of living area.  These homes were on the market for an average of 96 days prior to going under contract.

In the past 12 months, 7 homes have sold in Orchid Bay.  Sales prices ranged from $435,000 up to $540,000 for an average sales price $499,571 which works out to $200.60 per sq. ft. of living area.  These homes averaged 122 days on the market before going under contract and sold for an average of 95% of list price.

About Orchid Bay in Palm City:

Orchid Bay in Palm City Florida

One of the most desirable communities in Palm City, Orchid Bay (also known as Captain’s Creek) lies just south of the new Palm City Veteran’s Memorial Bridge off of Mapp Road.  This gated community of 153 home-sites (including only two vacant lots at this time) enjoys spacious private lots of at least a ½ acre with a few properties residing on over 1-acre sites.  This planned community was developed by the Tartan land Company in the early 1990s and all homes are individually constructed by the lot owner’s builder of choice.  Consequently, this is not a “cookie cutter” community by any means.

Orchid Bay in Palm City Florida

Homes range in size from over 5,000 sq. ft. of living area to just over 2,000.  From as many as 8 bedrooms down to 3 bedroom homes.  Both one and two-story residences. Homes were built from 1992 through 2007.  Amenities include tennis courts, a picnic and playground area as well as a public gazebo.  Numerous lakes and ponds are on this property with many homes enjoying serene water views.  Orchid Bay has its own community propane tank so all residents have the option of hooking in for propane utilities if desired.

Orchid Bay Pool with Lake View

HOA fees at the time of this writing (April 2019) are $187.00 per month (payable quarterly).   These fees include maintenance of the roads, trash pickup, common areas as well as basic cable TV service.

Orchid Bay Playground

Children of Orchid bay attend wonderful schools:  Palm City Elementary, Hidden Oaks Middle and Martin County High.

Orchid Bay Entrance 2

Search here for all available Orchid Bay Homes for Sale

For any questions you may have about Orchid Bay, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Palm City Florida Real Estate
Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Orchid Bay Palm City FL April 2019 Market Report