Stuart Florida Market Report ZIP Code 34994 Residential March 2015

Stuart Florida Market Report ZIP Code 34994 Residential March 2015

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for March 2015

For March, 2015 in the 34994 Zip Code area of Stuart, Florida :

There are currently 76 active listings (Decreased by 13 homes from February)

Stuart Florida Market Report ZIP Code 34994 Residential March 2015

45 Residential sales are pending and awaiting close or lender approval (Increased by 12 homes from last month).

 Stuart Florida Market Report ZIP Code 34994 Residential March 2015

16 Homes Sold in February (Up by 5 homes from February)

Stuart Florida Market Report ZIP Code 34994 Residential March 2015

The 34994 ZIP code area of the Stuart, Florida showed some excellent activity for the month.  Both pending and closed sales increased very nicely.  Unfortunately, the active inventory is down and may impact future market activity as there is just not enough homes to choose from.

The one month absorption rate for the 34994 zip code for March decreased to 4.8 months from last months 8.1 months, transitioning into a strong seller’s market for March.  A 6 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The March 2013 numbers were 80 Active Listings, 35 pending sales and 10 closed sales.  A little better sold activity for this year, but this comes with increased inventory as compared to last year.  Considerably better activity for 2015 as compared to last March.

Stuart Florida Market Report ZIP Code 34994 Residential March 2015

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Stuart Florida Market Report ZIP Code 34994 Residential March 2015

Sewalls Point Single Family Market Report March 2015

Sewalls Point Single Family Market Report March 2015

Sewalls Point Real Estate Snapshot, Residential Sales for March 2015

 

There are currently 72 active listings (Increased by 4 homes since last month)

Sewalls Point Single Family Market Report March 2015

17 home sales are pending and awaiting close or lender approval (Up by 9 homes from February)

Sewalls Point Single Family Market Report March 2015

3 Homes sold in March (Unchanged from February)

Sewalls Point Single Family Market Report March 2015

The Sewalls Point single family homes market activity continues to have some difficulties, though there is some glimmer of better activity to come with a large increase in pending sales for this month.  Closed sales remained unchanged and the inventory was up by four homes.

The current absorption rate rose to 24 months, in February it was 22.7 months.  Sewalls Point single family home sales remain in an extreme buyers market for March.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to March of 2013, the inventory was 61 homes on the market, 17 pending sales and there were 4 closed sales.  Very similar sales activity as compared to last year, but with greater inventory this year.

Sewalls Point Single Family Market Report March 2015

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Sewalls Point Single Family Market Report March 2015

 

Stuart Waterfront Lot New Price

Stuart Waterfront Lot New Price

This Tropical Paradise vacant Stuart waterfront lot has a new price of $76,000!

 Paved driveway and pad in place.  Existing mobile home has been removed.  There’s 81 feet of waterfront with ocean access suitable for a smaller boat that can go under two fixed bridges with approximately 6′ clearance.  Community has an RV boat storage lot with one space for every resident. Great opportunity in a wonderful friendly community.

Stuart Waterfront Lot New Price

The Tropical Paradise community is a subdivision with modular and manufactured homes that are slowly replacing the original mobile homes that were in place.

Stuart Waterfront Lot New Price

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Stuart Waterfront Lot New Price

Spacious Stuart Townhouse Price Reduced

Spacious Stuart Townhouse Price Reduced

This updated and spacious Stuart townhouse has been reduced to $113,900.  An excellent opportunity for those wishing to live close to downtown Stuart as well as close to the Treasure Coast Mall.

Spacious Stuart Townhouse Price Reduced Spacious Stuart Townhouse Price Reduced

Conveniently located in North River Shores area. Beautiful townhouse with stainless steel appliances, tile, large private courtyard for Florida outdoor living, fountain in courtyard, large living room with sliders for bright open airy feeling, skylight in stair area, both bedrooms have a balcony. Unit located in the back with a woodsy view. Large walk-in closet in master bedroom. Accordion storm shutters on all windows. Close to mall, restaurants, entertainment and downtown. Minutes from the beach. Low HOA fee in a pet friendly development. Florida living at its best!

Spacious Stuart Townhouse Price Reduced Spacious Stuart Townhouse Price Reduced

Spacious Stuart Townhouse Price Reduced

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Stuart Florida real estate from the Gabe Sanders BlueWater Realty Team.  Our specialty is finding fine homes, condos and vacant land for our preferred customers.

Spacious Stuart Townhouse Price Reduced

 

Maritimes April 2015 Market Update

Maritimes April 2015 Market Update

As of April 2015, there are 3 condos on the market in the Maritimes Condos and Townhomes on Hutchinson Island in Stuart FL.  Listing prices range from $214,900 to $685,000 with an average list price of $399.633 which equals $228.12 per sq. ft. of living area.  None of these condos are distressed sales.  (No foreclosure, bank owned or short sales.)

There is 1 condo pending and awaiting settlement.  The list price is $299,500 which equates to $148.64 per sq. ft. of living area.

There have been 3 condos sold in the past 12 months in the Maritimes.  The sales prices ranged from $200,000 to $381,500 for an average sales price of $307,833 which is equal to $190.12 per sq. ft. of living area and these sales were at 93% of the listing price.  Interestingly, the highest priced sale in the past 12months was a bank owned foreclosure.  There were no other distressed sales.

Maritime Condos and Townhomes on Hutchinson Island

Entrance to the Maritimes

 

Maritime Condos and Townhomes on Hutchinson Island

Beach Access at the Maritimes

The Maritimes is one of the prime ocean to river communities on South Hutchinson Island in Stuart, FL.  Offering larger than normal homes on both the river and Oceanside settings.  The riverside (or Maritimes West has a lovely private sand beach with kayak storage for those not wishing to play in the surf or for those days when the it’s a bit windy on the beach side.  The Oceanside (Maritimes East) has private beach access as well as a heated pool when you’re finished frolicking in the crystal clear waters of the Atlantic Ocean.

 

Maritime Condos and Townhomes on Hutchinson Island

Docks of the Maritimes

Maritime Condos and Townhomes on Hutchinson Island

Views from the Maritimes

The Maritimes condos were constructed between 1975 and 1988.  With the oceanfront units being built first.  Living square footage range from just under 1300 sq. ft. 2 Bedroom condos to over 2100 sq. ft .condos and townhouses with 3 Bedrooms plus dens and a garage.

Maritime Condos and Townhomes on Hutchinson Island

Kayak Storage at the Maritimes

Maritime Condos and Townhomes on Hutchinson Island

River views from the Maritimes

Maritime Condos and Townhomes on Hutchinson Island

Tennis Court of the Maritimes


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Maritimes April 2015 Market Update

Lost River Plantation April 2015 Market Update

Lost River Plantation April 2015 Market Update

As of April 2015, there are 7 available homes for sale in the Lost River Plantation community of Stuart, FL.  Prices range from $449,000 to $875,000 for an average price of  $650,271 which equals $227.01 per sq. ft. of living area.

There is 1 home under contract which is listed for $592,700 or $208.33 per sq. ft. of living area.

In the past 12 months, there have been 12 sales ranging in sales prices from $349,900 to $710,000 for an average sales price of $489,116 which comes out to $191.73 per sq. ft. of living area.  Sales prices averaged 96% of the list price.  Three of these sales were short sales and two were bank owned foreclosures.

 Lost River Plantation April 2015 Market Update

Lost River Plantation in Stuart, Florida consists of 111 homes all with private docks and Ocean access via the South Fork of the Saint Lucie River.  All, but just a handful of the homes have waterfront and dockage located in the backyard.  Suitable for deep draft ocean going vessels with some docks able to accommodate over 50’ vessels.  All homes are of newer construction (from 2004 to the present).  There are a limited number of new homes not on the MLS available now or to be built, please call us for details.

Lost River Plantation April 2015 Market UpdateLost River Plantation April 2015 Market Update

This is a spectacular waterfront community with very private and protected waterfront areas.  There is a community marina with a clubhouse that offers a fitness center, kitchen and social rooms.  For those wishing to commute to pints north or south, Lost River is very conveniently located near the Interstate for easy access.  Yet, it’s only 10 to 20 minutes’ drive to the pristine beaches and  quaint downtown areas of Stuart, Florida.  Also close to shopping, restaurants as well as medical facilities.  Lost River Plantation is a tremendous opportunity for newer waterfront construction.  A rare gem in this real estate market!

Lost River Plantation April 2015 Market UpdateLost River Plantation April 2015 Market Update

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Lost River Plantation April 2015 Market Update

 

Vista Pines Condo Stuart FL Just Listed

Vista Pines Condo Stuart FL Just Listed

2600 SE Ocean Blvd. Suite JJ-16 has just been placed on the market and is available for immediate occupancy.  List price is only $49,995.

Vista Pines in Stuart FL

Check out this light and bright 2nd floor condo in desirable Vista Pines. Amenities include a newer carpet, a/c, dishwasher and garbage disposal. Lots of storage including a walk in closet/pantry. This unit is towards the front of the complex making it close to everything: Fresh Market, library, medical facilities and doctors, restaurants, shopping, the beaches, and more. This is an Active 55+ community with lots of activities in the clubhouse: including, pool tables, workshop, exercise room, a heated pool and shuffleboard courts. What a great place to live!

Vista Pines in Stuart FL Vista Pines in Stuart FL

View additional pictures of this Affordable Stuart Condo in Vista Pines.

Vista Pines in Stuart FL Vista Pines in Stuart FL

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Vista Pines Condo Stuart FL Just Listed

Sewalls Landing April 2015 Market Update

Sewalls Landing April 2015 Market Update

As of April 2015, there are three homes available for sale in Sewalls Landing with prices from $515,000 to $819,000 for an average price per sq. ft. of $249.41

There are two homes under contract which have not yet closed.  List prices were $425,000 and $515,000 for an average list price of $206.34 per sq. ft. of living area.

In the past 12 months, 4 Sewalls Landing homes have sold.  Sales prices ranged from $435,000 to $572,000 for an average sales price of $482,500 which equals $214.45 per sq. ft. of living area. These sales averaged for 94% of list price.

There were no short sales or foreclosures (distressed sales) in any Sewalls Landing transactions this year.

 Sewalls Landing Jensen Beach FL

 Sewalls Landing is located at the northern tip of Sewalls Point, FL in Martin County.  Officially it is in Jensen Beach, but many residents of Sewalls landing consider themselves part of Sewalls Point.   Just across the street from the Dolphin Bar and Grill and within walking distance of marinas, boat ramps, Indian Riverside Park and much, much more.
Sewalls Landing Jensen Beach FLThis gated community consists of 51 home-sites (including 3 lots that are still vacant).  Homes in Sewalls Landing were built from 1992 to 2008 and are situated on generous sized lots from just under ½ acre to over ¾ of an acre.  Home sizes range from 2,000 to over 5,000 square feet of living areas.  Many homes feature 3 car garages.  Residents enjoy low HOA fees of $110 per month.
Sewalls Landing Jensen Beach FL

Children attend Felix Williams Elementary, Stuart Middle and Jensen Beach High Schools.  Easy access to the beaches as it’s just about equidistant from both the Stuart and Jensen Beach Causeways.  Close to shopping and medical facilities as well.  This is a much sought after community in Martin County, FL.

 Sewalls Landing Jensen Beach FL

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Sewalls Landing April 2015 Market Update

Rocky Point Pool Home Under Contract

Rocky Point Pool Home Under Contract

5636 SE Sailfish Way in Rocky Point, Stuart, FL is now pending.  The buyers saw this home on the BlueWater Realty Team’s web site and came to town to purchase it.

Rocky Point pool home in Stuart FL

Great find in Rocky Point! 2001 custom built CBS home offers charm & comfort. This 3 bedroom, 2 bathroom home has all the upgrades including a natural stone accented fireplace, gas range, granite counters, french doors, decorator fans & trey ceilings. Heated screened inground pool was added in 2008. Other features include hurricane shutters, central vacuum, surround sound and newer washer and dryer, air conditioner and hot water heater. The extended driveway is perfect for multiple cars or boats and comes complete with its own fish cleaning table.

 Rocky Point pool home in Stuart FL

Rocky Point in Stuart, FL is a wonderful boating oriented community located just off the Saint Lucie Inlet in beautiful Martin County Florida.  Originally a fishing village because of its proximity to the Atlantic Ocean; Rocky Point is now a wonderful family community with a variety of different neighborhoods.  Most of Rocky Point is still oriented towards fisherman and boaters with many of the neighborhoods having access to docks, marinas and/or boat ramps.  Some neighborhoods have deeded dock rights as well as privately owned ramps and launch facilities.  There is also a selection of some luxury waterfront homes with private docks located only a short few minutes cruise to the open Ocean via the Saint Lucie Inlet and within a day’s round trip to the Bahamas.

Rocky Point pool home in Stuart FL

Bordering Rocky Point to the north and west is the Manatee Pocket.  Home of the original Stuart Sailfish fleet (Stuart continues to proudly boast that it’s the ‘Sailfish Capitol of the World’).  Now home to a number of Marinas, Charter fleets and the famous Chapman School of Seamanship as well as quite a few excellent restaurants serving the freshest seafood arriving from the Ocean straight to the kitchens daily.

 Rocky Point pool home in Stuart FL

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Rocky Point Pool Home Under Contract

Updated Emerald Lakes Townhouse Just Listed

Updated Emerald Lakes Townhouse Just Listed

Updated Emerald Lakes Townhouse

A beautifully updated Emerald Lakes townhome featuring a modified open kitchen with granite countertops and newer appliances (2 years old). This 2 BR, 2 and 1/2 Bath townhouse has lake views from both bedrooms.  Only a short walk to one of two community pools and tennis courts.  This townhouse has new carpets, new washer and dryer and new hurricane and impact resistant PGT sliding windows. Dual sinks and Corian counters in the master bathroom. 2 assigned parking spaces plus ample guest parking. A great location close to shopping, beaches, restaurants, medical facilities and historic downtown Stuart. Emerald Lakes is available for all ages and 2 pets under 40 lbs. are permitted. A wonderful opportunity for an affordable Stuart home.  The list price for this Emerald Lakes townhouse is $144,900.

Updated Emerald Lakes Townhouse Updated Emerald Lakes Townhouse

The community of Emerald Lakes lies in the Port Salerno area of Stuart, Florida and consists of 400 2 and 3 bedroom townhomes and 130 single family villas.  The town homes and villas are governed by two separate home owners association yet share many of the same amenities.

 Updated Emerald Lakes Townhouse SAMSUNG DIGITAL CAMERA

Spread out over 100 acres of beautiful Florida landscape, with 3 ‘Emerald Lakes’, miles of walking paths, 7 tennis courts, 3 heated pools and two club houses.  Very conveniently located within walking distance of a Publix Grocery store, Beall’s, Walgreen’s, Banks, Gold’s Gym, etc.

Updated Emerald Lakes Townhouse

Just a few miles away are numerous Golf Courses, Martin County’s famous waterways, marinas  and beaches  and also within minutes of I-95 for easy access to locations both north and south.  Fort Lauderdale is only a little over an hour to the south and Disney World is just over 2 hours to the north.  A perfect location!

Updated Emerald Lakes Townhouse

Residents of Emerald Lakes enjoy the good life with low HOA fees and an excellent management staff for both Home Owners’ Associations.

Currently Available Homes and Town Homes in Emerald Lakes

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Updated Emerald Lakes Townhouse Just Listed

February 2015 Monthly Market Detail St Lucie County Single Family Homes

February 2015 Monthly Market Detail St Lucie County Single Family Homes

February 2015 Monthly Market Detail St Lucie County Single Family Homes as reported by Florida Realtors is showing reduced activity as compared to last year, though prices continue to rise.  Closed sales were down by 9.5% (in January they were unchanged from last year) and new sales under contract (new pending sales) decreased by 0.5% (they were down by 5.7% last month).

Both median and average sales prices continue their rise by 15.2% and 18.9% respectively from last February (For January these numbers were 23.4% and 17.9%).  These price increases, while good news for sellers, are having a negative effect on the volume of sales.

The inventory of active listings increased in February (from last month) by 79 homes to 1,827, but this is still lower than last year’s inventory by 21.3%. The current supply of inventory is only 3.8 months (a 29.5% decrease from last year). The Saint Lucie County single family home market remains in a very strong sellers market.

February 2015 Monthly Market Detail St Lucie County Single Family Homes

Click here to view or download the full report:
February 2015 Monthly Market Detail St Lucie County Single Family Homes

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

February 2015 Monthly Market Detail St Lucie County Single Family Homes

Pine Ridge at Martin Downs Condo Sold

Pine Ridge at Martin Downs Condo Sold

Pine Ridge Condos at Martin Downs

Sorry, this Pine ridge condo is no longer available.  Under contract in 5 days and it has now sold.  The sales price was $92,500.  For more Palm City real estate opportunities, contact the Gabe Sanders BlueWater realty team, here.

Pine Ridge Condos at Martin Downs Pine Ridge Condos at Martin Downs

Great opportunity to own a 2 bedroom, 2 bath unit in the desirable Pine Ridge Condos under $100,000.  First floor unit, tile on the diagonal, screen patio, eat-in kitchen, full size washer & dryer in separate laundry room inside unit, master has  new fabulous tiled walk-in shower with new vanity and tank-less hot water. End unit located in back of building with lots of privacy. Furniture negotiable.

February 2015 Monthly Market Detail Martin County Townhouses and Condos

February 2015 Monthly Market Detail Martin County Townhouses and Condos

February 2015 Monthly Market Detail Martin County Townhouses and Condos did not perform as strongly as last month, but still showed nice gains  in most segments.  Year to year closed sales were up by 4.6% (was up by 23.6% in January) as well as new sales under contract (new pending sales) increased by 8.7% from February 2014 (was up by 19% in January).

The median sales price was up by 15.6% (was up by 7.5% in January) while the average sales price increased by 5.3% (was down by 2.2% in January) as compared to February of 2014.  Back into a higher rate of increases as compared to the past two or three months .

The inventory of available townhouses and condos has decreased by 6 units to 508 properties from last month, this is 22.1% less inventory than was available in February of 2014.  For February there was a 4.7 month supply of inventory (a 25.4% decrease from last year).  A strong sellers market for townhouses and condos in Martin County for February 2015 with a definite need for more inventory of active listings.

February 2015 Monthly Market Detail Martin County Townhouses and Condos

Click here to view or download the full report:
February 2015 Monthly Market Detail Martin County Townhouses and Condos

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

February 2015 Monthly Market Detail Martin County Townhouses and Condos

Fort Pierce Oceanfront Land New Price

Fort Pierce Oceanfront Land New Price

The seller has slashed the price for this oceanfront lot by $100,000.  Now available for $795,000.  Build your own magnificent mansion or a great investment opportunity for 3 townhouses.

Ocean front living at it’s best. Build your dream home and step out to your own ocean front paradise.  Or build up to a three townhouse with great future income or re-sale potential. Great location, only minutes to the revitalized downtown Fort Pierce, where you can enjoy fine dining, entertainment and many deep water ocean access marinas.  Also only a few minutes to prestigious Vero Beach or Jensen Beach, with great shopping and beautiful beaches.  Motivated seller is ready to look at offers.

This lot is suitable for a large home or possibly a multifamily structure for those wishing to have a long term investment opportunity.  One of the very few buildable ocean front lots left on South Beach in Fort Pierce.

Easy access to restaurants, shopping and the vibrant downtown area of Fort Pierce, FL

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Fort Pierce Oceanfront Land New Price

February 2015 Monthly Market Detail Martin County Single Family Homes

February 2015 Monthly Market Detail Martin County Single Family Homes

The February 2015 Monthly Market Detail Martin County Single Family Homes began the year with some very strong activity, and for the second month is showing even stronger results.  Year to year closed sales was up by 46.6% (was up 18.8% in January). New pending sales increased by 31.9% as compared to February of 2014 (increased by 44.3% in January).

The median sales price was up by 6.9% from last year (down by 2.1% in January) while the average price decreased by 16.2% (was up by 31% last month).  Some moderating in the rate of price increases has been expected since the rates of increases for the past two years has been at an unsustainable rate.

The inventory of available single family homes increased from January 2015 by 55 homes to 1,368 units this month, and this is a 1.3% increase from last February.  Current supply of inventory increased slightly to 6.3  months from January’s 6.2 months supply. (An 11.1% decrease from last year). Martin County single family home sales remain in a balanced market favoring neither the buyer nor seller.

February 2015 Monthly Market Detail Martin County Single Family Homes

Click here to view or download the full report:
February 2015 Monthly Market Detail Martin County Single Family Homes

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

February 2015 Monthly Market Detail Martin County Single Family Homes

February 2015 Monthly Market Detail Florida Townhouses and Condos

February 2015 Monthly Market Detail Florida Townhouses and Condos

The February 2015 Monthly Market Detail Florida Townhouses and Condos for the state of Florida showed some excellent gains after a weak start to 2015.  Closed sales were up by 7.4% as compared to last months decrease of 11.3% and new sales under contract (new pending sales) increased by 7.5% (January’s decrease was 0.8%).

Both median and average sales prices, however, continue to rise.  Increases of (year to year) 8.3% and 6.6% respectively (in January they were up by 5.4% and 3.2%).  Once again picking up momentum to fairly hgh year to year increased rates.

The inventory increased by 3% for February.  This was the second month of increasing inventory after two months of flat numbers. For February 2015 we have a 6.2 months supply of inventory (was also 6.2 months in January) which is up from 6.1% from last year.  A 6 months inventory supply is considered a balanced market.  The townhouse and condo market for Florida continues to lag in performance from the single family real estate market.

February 2015 Monthly Market Detail Florida Townhouses and Condos

Click on the link below or the graphic to see the full market detail report from Florida Realtors: Click here to view or download the full report:
February 2015 Monthly Market Detail Florida Townhouses and Condos

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

February 2015 Monthly Market Detail Florida Townhouses and Condos

February 2015 Monthly Market Detail Florida Single Family Homes

February 2015 Monthly Market Detail Florida Single Family Homes

The February 2015 Monthly Market Detail Florida Single Family Homes as reported by Florida Realtors continues to show  improvement from last years results. Closed sales were up by 19% (was up by 10% in January) and new sales under contract (new pending sales) increased by 14.7% (was up by 10.5% in January).

Both median and average sales prices continue to rise ( February 2014 to February 2015) by 9.1% and 0.7% respectively, compared to January’s 7.9% and 7.4%.  Home prices continue to rise, though we are expecting some moderation in the rate in the near future.

The inventory of available homes for sale rose by 2.1% from last year. This is now a full 17 months of increased inventory.  The rate of inventory increases has declined significantly from previous months and this is an important statistic to watch for the future. For this month there was only a 5.3 months supply of inventory, this is a sellers market with the advantage for sellers. (February of 2014 had a 5.7 month supply)

February 2015 Monthly Market Detail Florida Single Family Homes

Click here to view or download the full report:

February 2015 Monthly Market Detail Florida Single Family Homes

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

February 2015 Monthly Market Detail Florida Single Family Homes

Lake Grove March 2015 Market Update

Lake Grove March 2015 Market Update

There are currently 3 homes for sale in Lake Grove of Palm City, FL. List prices range from $440,000 to 575,000. The average list price equals $514,966 which is $179.09 per sq. ft. of living area. There aren’t any  distressed sales in these listings.

1 home is under contract and awaiting sale. The list price is $595,000 which equals $187.28 per sq. ft. of living area.

In the past 12 months, 2 homes have sold in the Cobblestone Country Club. Sale prices were $423,500 and $537,000 and the average sale price equaled $480,250 or $164.75 per sq. ft. of living area at a list to sales ratio of 97%.  Neither of these two homes were in distressed sales situations.

 

Located south on Mapp Road in Palm City is the community of Lake grove which is comprised of 64 homes built around a square shaped lake.  Lake Grove lies in a lovely private location will all home sites on at least ½ acre of land.

Lake Grove in Palm City

Homes range in sizes from over 4,500 sq. ft. of living space with 5 bedrooms, 4 baths and a three car garage down to just over 2,000 sq. ft. homes with 3 bedrooms and two bathrooms and 2 car garages.  As of March 2015, the Lake Grove HOA fees are a very reasonable $275 per quarter.

Lake Grove in Palm City

The common areas include two tennis courts, landscaped common areas and a fishing dock on the lake.  There’s also a dedicated trailer/RV/boat parking lot for residents.

Lake Grove in Palm City

Lake Grove children attend ‘A’ rated Martin County Schools and are currently zoned for the Palm City Elementary School, Hidden Oaks Middle School and Martin County High School.  (To search for homes within Martin County school districts visit my school search pages here.)

Lake Grove in Palm City

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If you like the Lake grove community, you may also have an interest in its sister community: Orchid Bay.

Click here for the current Orchid Bay Homes for Sale

Lake Grove March 2015 Market Update

4 BR Key West Style Port St Lucie Home Price Reduced

4 BR Key West Style Port St Lucie Home Price Reduced

 1465 SW Algardi Lane

This Port St Lucie 4 BR Key West Style home has just been reduced to $174,900 by the Gabe Sanders BlueWater realty Team.

1465 SW Algardi Lane 1465 SW Algardi Lane

Beautiful key west style home with 4 bedrooms and 3 baths with wrap around porch and backyard deck. There are 2 master suites, 1 downstairs and 1 upstairs. Tile through out the first floor with carpet in the upstairs bedrooms. Stainless steel appliances with granite in kitchen. Freshly painted inside. Large garage with plenty of room for a work bench.  Downstairs bath has new vanity and shower with glass blocks, master bath upstairs has double walk in closets and double vanity sinks. New landscape in front with trees in back for privacy.

1465 SW Algardi Lane 1465 SW Algardi Lane

Port St Lucie has been ranked as one of the cleanest, safest and fastest-growing cities in the United States . With that in mind, traditional neighborhoods are a popular choice in Port St. Lucie real estate. Ideal for growing families, traditional neighborhoods are made up of single-family homes—free-standing structures that share no walls with other homes. Port St. Lucie’s neighborhoods are conveniently located, with a large selection of restaurants, schools, banking, healthcare services, shopping and entertainment opportunities nearby.

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4 BR Key West Style Port St Lucie Home Price Reduced

Westwood Country Estates Palm City March 2015 Market Update

Westwood Country Estates Palm City March 2015 Market Update

As of March 2015, there is only 1 home on the market in Westwood Country Estates in Palm City, FL.  The list price is $379,900 which equals $173.00 per sq. ft. of living area.

There are no homes currently under contract (pending sales)

There have been 2 homes sold in the past 12 months in Westwood Country estates.  Sales prices were $380,000 and $415,000 for an average of $170.88 per sq. ft. of living area.  These sales averaged 96% of the list price.

None of the real estate activity in Westwood Country Estates was in a distressed situation.

Westwood Country Estates Palm City March 2015 Market Update Florida

 Westwood Country Estates in Palm City, FL  is a wide open, gorgeous community that features statuesque homes that are beautifully placed on oversized lots of ½ acre or more, that will give you and your family plenty of room to grow!  Wonderfully landscaped throughout, Westwood Country Estates will make you feel proud to come home to.  Every home is unique and there is sure to be one you will fall in love with!

Palm City is a great place to raise a family with its “A” rated schools and proximity to I-95 and Florida’s Turnpike which opens you to all the opportunities of both Martin County and it’s neighbors, just a short drive North or South!  Martin County has lots of recreational areas and opportunities to enjoy many opportunities outdoors with your family!

Westwood Country Estates Homes for Sale

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Palm City Florida Real Estate presented by:

the Gabe Sanders real estate team

Westwood Country Estates Palm City March 2015 Market Update