Two Vacant Lots in Hobe Sound Coming Soon

Coming on the market this week are these two vacant lots in Hobe Sound in the Olympia Plats area of old Hobe Sound. Conveniently located close to Zeus Park as well as the Joseph B Reed Park with it’s numerous athletic facilities. Just minutes to Jupiter Island Beach as well as an easy ride to I-95 on Bridge Road and point north or south.

These two lots are adjacent to each other and can be purchased individually or together for $99,000 each for those wishing to build a Martin County dream home in a wonderful location. Each lot has 50′ of frontage with 125′ depth.

These lots need clearing and soil tests before construction can begin.

Two Vacant Lots in Hobe Sound Coming Soon

Hobe Sound FL 33455 Condo Market Report August 2016

09.25.16 by Gabe Sanders

Hobe Sound FL 33455 Condo Market Report August 2016

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for August 2016

For August 2016 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 4 active condo listings. (Up by 1 condos from July)

5 Condos are pending and awaiting close. (Down by 1 pending condos from July)

3 Condos sold in August. (The same number of closed sales from July)

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. Inventory levels are at all time lows and it is quite remarkable that there is as much activity as there is in this small segment of the Martin County real estate market.

For August, 2016 the absorption rate is 1.3 month (it was 1 months in July). Absorption rates in this segment of the Martin County real estate market should be taken with a liberal grain of salt, as small changes in activity make for very large changes on percentages that August not reflect a true trend in the market. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The August 2015 numbers were: 2 active listings, 4 pending sales and 3 closed sales. It’s very difficult to make meaningful comparisons with such low numbers of sales and inventory.

Search Hobe Sound Condominium Properties by Price

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report August 2016

The River Club September 2016 Market Report

09.25.16 by Gabe Sanders

The River Club September 2016 Market Report

As of September 2016 there are two available condos for sale in the River Club. List prices are $145,000 and $175,000 for an average asking price of $160,000 which is $141.05 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, 9 condos have sold in the River Club. Sales prices ranged from $122,000 up to $315,000 for an average sales price of $168,056 which works out to $152.32 per sq. ft. of living area. These condos sold for an average of 96% of the last list price and went under contract in an average of 47 days.

Please contact me if you need an explanation of the reasons for the wide disparity in sales prices in the River Club.

About The River Club of Martin County:

The River Club of Martin County is a waterfront condo community that was built between the years of 1978 and 1980. There are 15 buildings with 188 total condos all of which are 2 bedroom and 2 bathrooms. These are all two story buildings. There are two different floor plans with 1,220 and 1,072 sq. ft., of living areas. Four of these buildings enjoy beautiful wide waterfront views of the Saint Lucie River. The River Club has a 50 slip marina that is run by a separate dock association. In order to own a slip in the River Club one must be a condo owner. Tenants and owners do have the opportunity to rent slips should they be available for lease.

Great amenities include a clubhouse with game room and kitchen facilities, a community pool, fitness room, shuffleboard courts, workshop, and cable TV and internet access (including wi-fi) included in the condo fees. The condo fees as of May 2016 are $326 a month.

All ages are welcome in the River Club but no pets are allowed. Rentals are allowed with some restrictions as to duration and length of unit ownership. No commercial vehicles or motorcycles are allowed, but pickup trucks with covers are permitted.

The River Club is a great choice for those looking for an affordable condo community with deep water docks and fishing as well as a full complement of amenities.

Search here for any River Club condos for sale

The River Club September 2016 Market Report

Hobe Sound FL 33455 Residential Market Report August 2016

09.24.16 by Gabe Sanders

Hobe Sound FL 33455 Residential Market Report August 2016

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for August 2016

For August 2016 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 172 active listings. (Down by 20 homes from July)

89 Residential sales are pending and awaiting close (Up by 6 homes from July)

60 Homes Sold in August (Up by 14 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County outperformed all other Martin County real estate segments with a strong rise in closed sales and also an increase in pending sales with a decline in inventory. Most of our other areas eased off for August but this wasn’t the case for Hobe Sound.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dipped to 2.9 months (4.2 months in July). Going into an extreme sellers market for Hobe Sound residential sales. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for August 2015 were: 149 active listings, 84 pending sales and 34 closed sales. Considerably stronger activity for this month as compared to August of 2015.

Search here for Hobe Sound Florida Real Estate for Sale

Rental Properties

- Rental Properties for Rent in Hobe Sound, Florida Between $0 – $100,000

Residential Properties

- All Residential Properties for Sale in the 33455 Zip Code of Hobe Sound FL

Vacant Land Properties

Commercial Properties

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

Hobe Sound FL 33455 Residential Market Report August 2016

Fall into Fall: Selling past the summer

09.24.16 by Gabe Sanders

Fall into Fall: Selling past the summer

Hey, now wait a minute; where did the summer go? Suddenly the sun seems a bit less bright, and the temperatures are not quite as hot. People are coming home from vacation and venturing back into the bounds of reality; exchanging surfboards and swimsuits for keyboards and pantsuits.

So what does all of this mean for you as a real estate agent? Well basically it is time for you to fall into fall; to dive headfirst into a whole new season of selling.

The fall months open up a plethora of sales possibilities for you as a Realtor; and in a multitude of ways. Here are just a few:

1. Selling to snowbirds. As the weather gets cooler, senior citizens who reside in warm weather states like Florida and California tend to ‘migrate’ to the north. These folks, generally referred to as snowbirds, will be looking for a place to stay during their time up north; and whether that place may take the form of a single family home or a condo rental, an apartment or a time share, you as a trained home sales professional can help them find a place to “land and perch.”

2. Selling to students. At the other side of the age scale are college students just returning from what was sure to be a downright riotous summer break; ready once again to resume classes—and, of course, to find a home place that is convenient to their institution of learning. Not every college student has a strong and overwhelming desire to spend their school days in the confines of a cramped dorm; indeed, some may wish to find apartments, cottages, or even small houses to call home while they’re cramming for finals—and you can help!

3. Selling to new ‘lookers.’ As folks switch their brains out of vacation mode and return to the business of serious living, they may find themselves considering the purchase of a new home. You as a trained and skilled real estate professional can lend them a helping hand—along with possibly helping them to find the home of their dreams.

Sure, we all miss the fun and beauty of those ebullient, unforgettable summer months. Yet for you as a Realtor, the balmy, lovely months of autumn can hold a bounty of promise in terms of new and exciting professional opportunities. Don’t be afraid to fall into fall!

If your looking to buy or sell property in or around the Stuart Florida area, give me a call at 772-323-6996 or visit my Stuart Florida real estate site.

Jensen Beach FL 34957 Condo Market Report August 2016

09.23.16 by Gabe Sanders

Jensen Beach FL 34957 Condo Market Report August 2016

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for August 2016

For August 2016 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 112 active listings. (Increased by 4 condos from July)

38 Condo sales are pending and awaiting settlement. (Down by 8 condos from July)

25 Condos Sold (Down by 2 condos from July)

For the Jensen Beach FL 34957 Condo Market Report August 2016 remained on a steady track with activity off by only a slight amount..

The one month absorption rate for the August 2016, Jensen Beach Florida Market Report ZIP Code 34957 inched up slightly to 4.3 months (from 4.1 months in July), keeping Jensen Beach condos in a sellers’ market. A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The August 2015 numbers were: 22 active listings, 13 pending sales and 5 condos closed. We had a change in reporting data collection methods and are now including all condos in the 34957 zip code which increases the sampling data base, so the comparisons from last year are not valid.

Jensen Beach Condominium Properties by Price

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report August 2016

4 BR Palm City Pool Home on 1 Acre – New Price

09.23.16 by Gabe Sanders

4 BR Palm City Pool Home on 1 Acre – New Price

A spacious Canoe Creek home with private pool on over 1 acre and 4000+ sq. ft. of living area is now available for the reduced price of $460,000 from the Gabe Sanders BlueWater realty team.

This is a large 4BR, 3.5 Bath pool home. Perfect home for those looking to live in large rooms on an over an acre lot with minimum HOA rules and low fees. This home features a huge family/great room with exposed wooden beams with a fireplace and a wet bar. There’s a large den/office that leads into a spacious master bedroom. The master bath has dual vanities on granite counters with separate tub and shower as well as a private entrance to the spacious back yard. The kitchen has been recently upgraded to granite counters and mostly stainless appliances as well as new tile. There are 3 additional bedrooms one of which has an en-suite bath. Large screened lanai and an over sized pool.

Canoe Creek in Palm City is a wonderful family community filled with 107 captivating homes that have plenty of room for your family to grow. Each home has a spacious yard with beautiful manicured Florida foliage that creates a tranquil backdrop. The neighborhood is approximately 25 minutes from gorgeous stretches of beaches in Stuart. Canoe Creek is close to great ‘A’ rated schools, recreation, and the exciting and beautiful Downtown Stuart while still close to I-95 and Florida’s Turnpike for those needing to commute or wishing to travel either north or south.

Click here to see all current Canoe Creek homes for sale in Palm City

4 BR Palm City Pool Home on 1 Acre – New Price

Jensen Beach FL 34957 Residential Market Report August 2016

09.22.16 by Gabe Sanders

Jensen Beach FL 34957 Residential Market Report August 2016

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for August 2016

For August 2016 in the 34957 Zip Code area of Jensen Beach, Florida :

There are currently 167 active listings. (Up by 3 homes from last month)

67 Residential sales are pending and awaiting close or lender approval. (Increased by 1 homes from July)

31 Homes Sold (Down by 25 home sales from July)

The Jensen Beach FL 34957 Residential Market eased off to a more reasonable market activity after a very hot July. Closed sales had a large drop, while pending sales remain steady. Still a very healthy market for Jensen Beach.

The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 jumped to 5.4 months ( was 2.9 months in July). Still a sellers’ market for the Jensen Beach residential real estate segment. A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.

The August 2015 numbers were: 117 active listings, 77 pending sales and 30 home sales closed. Considerable increase in activity for this year while closed sales remained about equal but pending sales were off.

Jensen Beach FL 34957 Residential Market Report August 2016