Real Estate in and around Stuart Florida
Click on the image below to view or download Gabe’s October 2019 House Calls Real Estate Newsletter:
Click here to download the full interactive PDF of our October 2019 House Calls Newsletter
You can see all the past issues here:
Search here for Stuart Florida Real estate
There are currently 190 active listings. (Down by 5 homes from July)
67 Residential sales are pending and awaiting close (Down by 9 homes from July)
47 Homes Sold in August (Up by 9 homes from last month)
The Hobe Sound Florida Market Report ZIP Code 33455 continues to be a strong and active residential real estate market even though the activity has moderated a bit in the past two months.
The current absorption rate for the Hobe Sound residential market dropped to 4.0 months (It was 5.1 months in July). Remaining as a strong seller’s market. 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 2018 were: 172 active listings, 81 pending sales, and 37 closed sales. A better number of closed sales this year while pending sales were stronger last year on a reduced number of homes for sale.
Click here to view the previous Hobe Sound condo market reports
Are you interested in the value of your Hobe Sound FL Home?
Click on this link and fill out the form for an accurate personal evaluation
Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team
For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.
Hobe Sound FL 33455 Residential Market Report August 2019
For September 2019 there is only 1 condo for sale in Renar River Place in downtown Jensen Beach FL. The list price is $425,000 or $175.62 per sq. ft. of living area.
There are no condos currently under contract.
In the past 12 months, 4 condos have sold in Renar River Place. Sales prices ranged from $280,000 up to $360,000. This is an average sales price of $316,250 which is $197.60 per sq. ft. of living area. These condos were on the market for an average of 271 days before going under contract and sold for 97% of list price.
View previous Renar River Place market reports here
One of the few newer condo communities in Martin County. Renar River Place boasts spacious condos overlooking the Intracoastal Water Way (Indian River) right at the base of the Jensen Beach roundabout and causeway to Hutchinson Island. There are also some townhouse-style condos associated with this complex along with a limited amount of commercial space, making this the perfect work and live destination.
Renar River Place is in a great location within an easy walk to all of the quaint shops and restaurants of Jensen Beach. HOA fees vary by the size of the condo and location, so please call us for the latest cost. This community is open to all ages and pets are also welcomed. For those wishing to use this location as an investment, liberal rental rules will allow some excellent returns.
Search here for Renar River Place Condos for sale
For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com
For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.
There are currently 10 properties actively listed in Palm Cove Yacht and Golf Club for September 2019 in Palm City, Florida. List prices range from a low of $335,000 up to $1,899,900. The average list price is $783,160 which works out to $203.74 per square foot of living area.
There are 2 homes currently under contract. The list prices were $479,000 and $599,900. This equals an average list price of $539,450 or $167.44 per square foot of living area. These homes averaged 249 days on the market before going under contract.
In the past 12 months, 13 homes have sold in Palm Cove with sales prices from $260,000 up to $880,000. This is an average sales price of $528,338 or $174.44 per square foot of living area. These homes were on the market for an average of 108 days prior to going under contract and sales prices averaged 97% of the list price
View previous Palm Cove market reports here
The Palm Cove Golf and Yacht Club in Palm City Florida include 206 residences, ranging from spacious condos with garages to townhomes, fairway homes to multi-million dollar waterfront homes on the shores of the north fork of the wide Saint Lucie River.
This magnificent community boasts a championship Chi Chi Rodrigues designed golf course. Memberships are available to both residents and non-residents and membership is not mandatory. In addition to golf, boaters enjoy a 93 slip deep water marina with docks available for over 50’ vessels.
There’s a magnificent clubhouse located riverside by the marina. Residents enjoy 24-hour security from the manned gated entrance. The Palm Cove Golf and Yacht Club is separated into two main sections. Fairway homes are on the south side of Mapp Road with the entrance across the main entrance to Palm Cove and is controlled by remote from the main security gate.
In the main section, are the estate homes, town-homes at Island creek as well as the condos at ‘the Links’. Homes range from 1500 sq. ft. town-homes with 2 bedrooms, 2 bathrooms, and 2 car garages all the way up to 6,000 sq. ft. plus waterfront residences with 5 bedrooms, office, 6 and ½ bathrooms and 3 car garages. Homeowner Association (HOA) fees vary from section to section. The estate homes run approximately $450 per month, while in the fairways section they are around $550 per month, but include landscaping. For a complete list of fees, please give us a call.
Palm Cove families enjoy a quiet secluded lifestyle yet are close to shopping, restaurants and the beaches of Martin County. Children attend an ‘A’ rated Martin County school system to the following schools: Bessey Creek elementary, Hidden Oaks middle and Martin County High.
Currently, these homes are available for sale in the Palm Cove Golf and Yacht Club
For any questions, you may have about the Palm Cove Yacht and Golf Club in Palm City Florida, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here
Residential Homes, Condos, and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties
Palm Cove Golf and Yacht Club September 2019 Market Report
September 2019 Market Update for the Sandpebble Condo and Beach Club on Hutchinson Island in Stuart, Florida:
There are currently no condos available for sale in Sandpebble.
There are 3 Sandpebble condos currently under contract. The list prices ranged from $315,000 up to $425,000. This is an average list price of $388,333 or $296.44 per sq. ft. of living area. These condos went under contract in an average of 101 days after being listed.
In the past 12 months, 9 Sandpebble condos have sold. Sales prices ranged from $220,000 to $330,000. This is an average sales price of $301,333 which works out to $274.84 per sq. ft. of living area. These sales averaged 95% of list price and went under contract after an average of 62 days on the market.
View previous Sandpebble condo market reports here.
On the beautiful and unspoiled portion of South Hutchinson Island lies one of the best-kept secrets in Martin County. Located on a pristine 37 acres that reach from the Atlantic Ocean to the Indian River (Intracoastal Waterway).
Sandpebble Condos consist of 3 Ocean Front Buildings and 7 River Front buildings. A total of 5 heated pools (3 riverside and 2 ocean side), along with deep water docks for 66 vessels. Docks are available to residents only on a first come first served basis and are available for lease at a very reasonable $1.50 per foot per month.
On the spacious grounds, there is plenty of green space for outdoor activities, two hard court tennis courts and a fully-equipped clubhouse with kitchen and on-site management. Both Oceanside and riverside sections are gated for secured entry only. Residents have the use of both the river and Oceanside sections regardless of the location of their own units.
Construction of the Sandpebble complex began in 1982. Recently all buildings were completely refurbished with metal roofs. Other renovations included Hardi-Plank replacement for exterior wood surfaces, complete concrete (re-bar) restoration. Also completed were the installation of a bulkhead protecting and enhancing the river-side property and structures, updated landscaping and the painting of all the buildings.
the Gabe Sanders real estate team
For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.
As of September 2019, there are 2 homes available to purchase in Westwood Country Estates in Palm City, FL. The list prices are $625,000 and $768,000. This is an average of $696,500 or $179.44 per sq. ft. of living area.
There are no homes currently under contract (pending sale).
There have been 5 homes sold in the past 12 months in Westwood Country Estates. Sales prices ranged from $440,000 up to $675,000. This works out to an average sales price of $542,600 which is equal to $188.04 per sq. ft. of living area. This sales averaged 95% of list price and went under contract in an average of 30 days after going on the market.
View previous Westwood Country Estates market reports here
Westwood Country Estates is a wide-open, gorgeous community that features statuesque homes that are beautifully placed on oversized lots of 1/2 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!
There are only 77 homes in Westwood Country Estates in Palm City Florida. Homeowner association fees are a very reasonable $375 per year.
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
For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com
For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.
For September 2019 there are 9 condos available for sale in de la Bahia. These condos range in price from $119,900 up to $199,900. This is an average list price of $157,656 which equals $195.77 per sq. ft. of living area.
There are 2 condos currently under contract. List prices were $135,900 and $149,900. This is an average list price of $142,900 or $190.60 per sq. ft. of living area. These condos were on the market for an average of 209 days prior to going under contract.
In the last 12 months, 17 condos have sold. Sales prices ranged from $94,000 up to $218,000. The average sales price was $138,841 which works out to $167.26 per sq. ft. of living area. These condos sold for an average of 92% of list price and went under contract in an average of 93 days on the market.
View older de la Bahia waterfront condos market reports here
The de la Bahia condo complex is located on Kanner Hwy just west of Monterey Road in Stuart which is in Martin County, Florida. This waterfront 55+ boating community lies on the shore of the south fork of the Saint Lucie River which also becomes the Okeechobee Waterway as it goes west.
The condos consist of 1 bedroom 1 and 1/2 bath, 2 bedroom 1 and 1/2 bath and 2 bedroom 2 bath condos. Condo fees run from $223 to $340 per month depending on the size of the condo. These fees include Cable, Common Areas, Grounds / Plants, Insurance-Bldg, Lawn Care, Maintenance Exterior, Reserve Funds, Roof Maintenance, Sewer, Trash Removal and Water.
This prime location is approximately 40 minutes North of West Palm Beach, and 100 miles north of Miami. Very conveniently located near many restaurants, stores, and medical facilities.
The de la Bahia condominium complex is made up of 303 attractive and desirable residences. 231 docks, a pool, a clubhouse, shuffleboard courts, and a yacht club for the residents. The very desirable marina is for the use of residents only and most condos have a deeded dock. Rental charges for the use of docks are not allowed, so there won’t be any additional charges for those wishing to use another owner’s dock.
There’s a very active winter season, which normally includes two dinner dances a month, golf and bowling leagues, bingo, euchre, bridge, exercise class, knitting & stitching. The pool is heated and is a great place to meet people, swim, sunbathe, or even join in playing a board game of your choice. And the library has a good selection of books to read if you prefer to enjoy a quiet peaceful afternoon.
The Yacht Club has monthly meetings with a guest speaker, raft-ups, picnics, luncheon cruises, gambling cruises, and two socials. In the past few years, the association has sponsored a 3 to 5-day cruise in January. Membership is open to de la Bahia renters and owners only. Boat ownership is not required and dues are very reasonable.
Click here to see the available condos for sale in de la Bahia
There are currently 48 active condo listings (Up by 4 condos from July).
20 Condo sales are pending and awaiting close (Unchanged from July).
7 Condos Sold in August (Down by 9 condos from July).
The Stuart FL condo market for zip code 34997 indicated a slower-paced sales activity for August when compared to last month. Probably into a more sustainable real estate market as compared to the superheated activity of last month.
To make informed decisions about Stuart FL condo real estate it’s a good idea to be familiar with the market. Click here to view the previous Stuart FL 34997 condo market reports
Stuart Florida Real Estate presented by:
Gabe Sanders
For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.
Stuart FL 34997 Condo Market Report August 2019
There is only one home currently for sale in Lake Grove of Palm City, FL. The list price is $599,900 or $206.51 per sq. ft. of living area.
There are no homes currently under contract in Lake Grove.
In the past 12 months, 3 homes have sold in Lake Grove. Sale prices ranged from $550,000 up to $674,900. This is an average sale price of $606,633 which equals $190.15 per sq. ft. of living area. These homes averaged 85 days on the market prior to accepting their offers and sold for an average of 98% of the list price.
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.
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 September 2019, the Lake Grove HOA fees are a very reasonable $275 per quarter.
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 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.)
Click here to see the currently available Lake Grove Homes for Sale
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
There are currently 274 active listings (Decreased by 39 home from July).
139 Residential sales are pending and awaiting close or lender approval (Up by 12 homes from July).
79 Homes Sold in August (Decreased by 3 homes from July)
Are you interested in the value of your Stuart FL Home?
Click on this link and fill out the form for an accurate personal evaluation
Search here for homes for sale in the 34997 zip code area of Stuart FL
Search here for vacant land for sale in the 34997 zip code area of Stuart FL
Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team
For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.
Stuart FL 34997 Residential Market Report August 2019
For September 2019, there is one home for sale in Moon River on Hutchinson Island in Jensen Beach FL. This home is listed for $469,000 or $194.53 per sq. ft. of living area.
There are no Moon River homes currently pending (under contract).
There has been only 1 home sale in the past 12 months in Moon River. The sales price was $350,000 which equals $221.38 per sq. ft. of living area and this home sold for 96% of list price. And, it was on the market for only 54 days before going under contract.
Moon River is a community of 51 attached and 3 detached homes that were built from 1998 to 2003. This is a gated waterfront community with ocean access docks as well as a community pool and clubhouse. Two tennis courts are also available and shared with the neighboring community of Fairwinds Cove.
Home sizes range from 3 Bedroom, 3 bathroom two-story homes with over 2.700 sq. ft. of living area down to 2 Bedroom, 2 bathroom, 1 story homes of just under 1,400 sq. ft. of living space. Most of these homes have 2 car garages with a few actually offering covered parking for up to 4 cars.
This is a pet-friendly community allowing for up to two pets that are no larger than 50 lbs. HOA fees at the time of this post were $343 per month (payable quarterly).
Moon River lies on the east side of the Jensen Beach Causeway in Martin County Florida. It’s only a short walk or bike ride to the public beach on the Atlantic Ocean. It’s also close to shopping, restaurants and the remaining wonderful amenities that Martin County has to offer.
Moon River is an excellent choice for both full-time residents and for those wishing to have their winter oasis away from the cold north.
The current Martin County Schools for Sugar Hill are Jensen Beach Elementary School, Stuart Middle School, and Jensen Beach High School
Here are the currently available homes in Moon River in Jensen Beach
For any questions you may have about September 2019 Market Report for Moon River in Jensen Beach, please call the Gabe Sanders BlueWater Realty team at 772-323-6996 or Contact Us Here
Jensen Beach Florida Real Estate
Residential Homes, Condos, and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties
There are currently 106 active listings. (Increased by 1 condo from July)
34 Condo sales are pending and awaiting settlement. (Unchanged from July)
25 Condos Sold (Down by 6 condos from July)
The Jensen Beach FL 34957 Condo Market Report showed a small drop in closed sales for the month. Though, this market remains quite strong and active.
The one-month absorption rate for the August 2019, Jensen Beach Florida Market Report ZIP Code 34957 rose to 4.2 months (from 3.4 months in July). Remaining in a seller’s market for Jensen Beach condos. A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.
The August 2018 numbers were: 82 active listings, 37 pending sales, and 27 condos closed. Very similar sales activity when compared to last year. Though, we do have an increased number of condos available for sale this year.
Click here to view the previous Jensen Beach condo market reports
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
For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.
Jensen Beach FL 34957 Condo Market Report August 2019
There is currently 1 home on the market in Governors Landing for September 2019. The list price is $460,000 or $243.26 per sq. ft. of living area.
There are no homes currently under contract.
In the past 12 months, only 1 Governors Landing home has sold. The sales price was $458,000 or $179.05 per sq. ft. of living area. This home sold for 97% of list price and was on the market for 10 days prior to going under contract.
Governors Landing is a prestigious gated community in Hobe Sound just south of Jimmy Graham and Peck Lake Parks. And, on the west of the Intracoastal Waterway facing Jupiter Island and the Atlantic Ocean to the East. This is a very conveniently location about equidistant from the City of Jupiter to the South and the City of Stuart to the North. Both of which can be reached in under 15 minutes by car.
Governors Landing has both canal homes with ocean access docks as well as lakefront homes. Many of the non-canal homes come with docks in the community marina. There is also a boat ramp available for residents as is a boat storage area.
Homes were built between 1988 and 2006 in Governors Landing. Existing lot sizes range from just over 1/6th to just under ½ acres. The home sizes range from 3 bedrooms, 2 bathrooms, 2 car garage with around 2,400 sq. ft. of air-conditioned living area up to 5 bedrooms, 5 bathrooms, 3 car garage homes with 5,000 sq. ft. of living area.
Low HOA fees includes the maintenance and upkeep of the security gate, common areas as well as the community docks and ramps as well as basic cable TV service.
Children in Governors Landing attend these schools: Hobe Sound Elementary School, Murray Middle School, and South Fork High School.
For those looking for luxury ocean access homes with convenient access to good schools, medical facilities, and shopping, Governors Landing may just be the perfect place to call home.
Search here for Governors Landing homes for sale.
There are currently 197 active listings. (Up by 11 homes from last month)
54 Residential sales are pending and awaiting close or lender approval. (Decreased by 27 homes from July)
43 Homes Sold (Up by 2 homes from July)
Search here for homes for sale in the 34957 zip code area of Jensen Beach FL
Search here for vacant land for sale in the 34957 zip code area of Jensen Beach FL
Jensen Beach Florida Real Estate presented by:
the Gabe Sanders real estate team
For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.
Jensen Beach FL 34957 Residential Market Report August 2019
There are 3 homes currently for sale according to this Bay Pointe September 2019 market report in Palm City FL. These homes are listed for sale from $849,000 up to $2,695,000. This is an average list price of $1,478,000 which equals $289.51 per sq. ft. of living space.
There are no homes currently under contract in Bay Pointe.
In the past 12 months, 3 homes have sold in Bay Pointe in Palm City FL. These homes sold for prices from $489,000up to $2,237,000. This equals an average sales price of $1,307,000 which equals $343.03 per sq. ft. of living space. These homes were on the market for an average of 209 days before going under contract and sold for an average of 93% of the list price.
Located next to Seagate Harbor and Lighthouse Pointe is the exclusive subdivision of Bay Pointe in Palm City Florida. This exclusive gated waterfront subdivision boasts 23 homes and lots on the wide waters of the Saint Lucie River. An additional 11 non-waterfront homes and homesites enjoy the amenities of this private community. Even the non-waterfront homes have access to docks with a community pier located on the south side of the community.
Located with a large private preserve area to the south and west and enjoying magnificent wide water views to the east. Only minutes to the wide Atlantic Ocean by boat and enjoying the amenities and low taxes of Martin County make Bay Pointe a wonderful place to call home.
Close to parks, beaches, shopping and boasting the ‘A’ rated school system of Martin County. Current school assignments for Bay Pointe are the Bessey Creek Elementary School, Hidden Oaks Middle School, and Martin County High School.
Search for Bay Pointe Homes for Sale
For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com
For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.
There are currently 95 active condo listings (Down by 3 condos from last month).
42 Condo sales are pending and awaiting close or lender approval (Up by 8 condos from July).
15 Condos sold in August (Down by 16 condos from July)
The Stuart FL 34996 Condo Market of Stuart showed a sizeable drop in closed sales for August. Pending sales remain strong though and I believe some of the weakness in the closed sales may have been due to issues with Hurricane Dorian at the end of the month.
The current absorption rate for the Stuart Florida condos in ZIP Code 34996 jumped to 6.3 months from July’s 3.2 months. Bringing us into a balanced market for this segment of Martin County condos but not as extreme as last month. A balanced market is considered to occur when the absorption rate is from 6 to 7 months.
The numbers for August 2018 were: 102 active listings, 37 pending sales, and 16 closed sales. Very similar activity to last year for condos in the 34996 zip code area of Stuart.
Click here to view the previous Stuart FL condo market reports
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 Florida Real Estate
For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.
Stuart FL 34996 Condo Market Report August 2019
As of September 2019, there are 3 condos for sale in the River Club. These condos are listed from $170,000 up to $245,000. This is an average list price of $211,633 or $197.42 per sq. ft. of living area.
There are no River Club condos currently under contract.
In the past 12 months, 5 condos have sold in the River Club. Sales prices ranged from $192,000 up to $260,000. This is an average sales price of $230,850 which works out to $215.35 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 89 days.
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.
Owners enjoy excellent 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 2019 are $326 a month.
All ages are welcome in the River Club but no pets are allowed. And, 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. We don’t think you will be disappointed.
Search here for any River Club condos for sale
For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com
For the latest market reports for Martin County, Saint Lucie County and the State of Florida you can select this link.
There are currently 10 homes for sale in the Meadows in Palm City FL. List prices range from $249,999 up to $389,000. This is an average list price of $323,980 which equals $180.48 per sq. ft. of living area.
There are currently 11 homes under contract in the Meadows. These homes were listed from $169,900 up to $395,000. This is an average list price of $266,664 which is $167.25 per sq. ft. of living area. These homes averaged 55 days on the market before going under contract.
In the past 12 months, there have been 43 sales in the Meadows. Sales prices ranged from a low of $150,000 up to $437,500. This is an average sales price of $247,902 or $156.65 per sq. ft. of living area. These homes went under contract in an average of 36 days and sold for an average of 97% of their final list price.
The Meadows at Martin Downs is a family friendly gated residential community very well situated in Palm City, Florida. There are 832 homes consisting of single-family homes, duplexes, 4 unit townhouses, and 4 unit patio homes. The Meadows community is divided into 6 distinct villages which are named: Greenwich, Lakemont, Mayflower, Brighton, Foxboro, and Ridgewood.
The Meadows is a guard gated community with round-the-clock security. Residents of the meadows enjoy a large heated swimming pool, a tot pool, children’s playground adjacent to the pool, basketball, 3 lighted tennis courts, a horseshoe pit and 2 bocce courts. Near the entrance of the Meadows, between the gatehouse and the fountain, is a 2200 square foot recreation center, known as The Meadows House, which also houses the administrative offices of The Meadows Homeowners Association.
The Meadows came into existence through the efforts of local developer Peter Cumming who submitted the plans for the community around 1988. Shortly thereafter, Burg and DiVosta (soon to be just DiVosta) began developing the land in the area called Martin Downs for the soon to be constructed villages of The Meadows.
Divosta started construction on the site known as The Meadows in 1988 by building two structures from which to sell. One was a Single Family home (Hampton) in what is now known as Greenwich Village, and the other was a four-unit Town Home building (Stamford) in what is now known as Lakemont Village. Both types of homes were started in The Meadows at about the same time in 1988. DiVosta completed the Meadows in 1993 and turned the administration and running of the community to The Meadows Homeowners Association which runs the community through elected officers as well as a full-time support staff.
HOA fees in the meadows vary by the type of home, so please look at the listing details view when checking available Meadows homes for sale. The Meadows is not age restricted and currently allows up to 2 large pets. Rentals are also allowed with some restrictions.
Children currently attend the Bessey Creek Elementary School, the Hidden Oaks Middle School; and the Martin County High School.
There are currently 3 condos for sale in the Banyan House condos in Stuart FL. List prices range from $149,900 up to $164,500. This is an average list price of $156,300 which is $114.09 per sq. ft. of living area.
There is 1 condo currently under contract. The list price was $155,000 or $113.14 per sq. ft. of living area. This condo was on the market for 64 days prior to going under contract.
In the past 12 months, only 1 Banyan House condo has sold. This condo sold for $184,900 which works out to $134.96 per sq. ft. of living area. This condo was on the market for 54 days before going under contract and sold for 100% of list price.
Located on Saint Lucie Blvd in Stuart, FL, these condos are close to the Martin County Community Golf Club as well as the beaches and downtown Stuart. This complex was completed in 1980 and consists of 64 2 bedroom, 2 bathroom condos on either the first or second floor of these 4 identical 2 story buildings.
The Banyan House complex residents enjoy a heated pool and 2 tennis courts and a clubhouse as their amenities. All ages are welcome and up to 1 medium sized pet is also allowed. Rentals are also allowed with some restrictions. For 2018, the association fees are $427 per month. These fees include basic cable TV, landscape service, building insurance and maintenance, water and sewer, trash pickup, reserves and management services.
Children living in Banyan House currently attend the JD Parker elementary school, Stuart middle school and the Jensen Beach high school.
These Banyan House condos are much sought after because of their excellent location as well as being such a well-run and well-managed community. Condos tend to sell very quickly when they come on the market. Those interested in a Banyan House condo should contact us and be set up on a new listing notifier for this Stuart community.
Search here for any current listings in the Banyan House Condo Complex.
There are currently 130 active listings (Decreased by 8 homes from July).
25 Residential sales are pending and awaiting close (Up by 2 homes from July).
16 Homes Sold in August (Down by 4 homes from July).
The 34996 zip code area of the Stuart Florida residential real estate had a small drop in closed sales for this month when compared to last month. Hopefully, this market will regain a bit of activity in the coming months.
The one-month absorption rate for the 34996 zip code area of Stuart Florida for August rose to 8.1 months as compared to 6.9 months for last month. Remaining in a seller’s market for this segment of the Martin County single-family real estate market. A balanced market, favoring neither buyer or seller is considered to be around a 6 to a 7-month absorption rate.
The numbers for August 2018 were: 130 active listings, 21 pending sales, and 10 closed sales. Better market activity this year on an identical number of homes for sale (inventory).
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
Search here for vacant land for sale in the 34996 zip code area of Stuart FL
Stuart Florida Real Estate presented by:
Gabe Sanders – Stuart Florida Real Estate
For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.
Stuart FL 34996 Residential Market Report August 2019
