Sailfish Point May 2019 Market Report

Sailfish Point Homes: There are 20 homes available to purchase in Sailfish Point.  These homes are available for purchase at prices ranging from $999,900 up to $6,500,000.  This is an average list price of $3,268,089 which equals $588.86 per sq. ft. of living area.

There are 4 homes currently under contract.  The list prices ranged from $995,000 up to $2,425,000.  This equals an average list price of $1,535,000 or $401.65 per sq. ft. of living area.  These homes were on the market for an average of 236 days before going under contract.

In the past 12 months, 21 homes have sold in Sailfish Point.  Sales prices ranged from $805,000 up to $8,300,000 for an average sales price of $2,677,458 which works out to $441.16.  These homes sold for an average of 88% of the final list price and also averaged 156 days on market before going under contract.

Sailfish Point Condos:  There are 10 condos available to purchase in Sailfish Point.  These condos are offered at prices ranging from $940,000 up to $3,750,000.  Which works out to an average list price of $2,092,800 which equals $620.87 per sq. ft. of living area.

There are 6 condos currently under contract.  List prices ranged from $479,000 up to $1,290,000.  This is an average list price of $849,667 which equals $332.89 per sq. ft. of living area. These condos were on the market for an average of 151 days prior to going under contract.

In the past 12 months, 18 condos have sold in Sailfish Point.  Sales prices ranged from $376,000 up to $1,640,000.  This equals an average sales price of $874,333 which works out to $320.15.  These condos sold for an average of 93% of the final list price and averaged 245 days on market before going under contract.

About Sailfish Point on Hutchinson Island:

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Sailfish Point is a truly world-class facility for everyone, with special emphasis for golfers and boaters. Almost completely surrounded by tropical waters this wonderful community has earned the reputation of being one of Florida’s most exclusive private residential enclaves on one of the world’s most naturally beautiful settings.

Located directly on the Atlantic Ocean adjacent to the St. Lucie Inlet at the Southern tip of Hutchinson Island makes Sailfish Point a truly unique community. Situated on 532-acres with only 520 homes there’s ample room for privacy and nature’s beauty.   The lucky residents of Sailfish Point can enjoy five miles of pristine Atlantic shoreline, a Jack Nicklaus “Signature” golf course, an elegant full-service beachfront country club with tennis, fitness center and more and a full-service deepwater marina with immediate ocean access.

In addition to the private homes, there are a few spectacular waterfront townhomes and a number of spacious ocean and inlet facing condominiums.

Some Sailfish Point benefits include:

• 24-hour manned gated entry, security staff is on duty 24/7
• Jack Nicklaus Signature Golf Course
• 60,000 square foot oceanfront clubhouse
• The community pool features swim lanes, a hot tub and a separate splashing area for the kids.
• The Tennis Center includes eight Har-Tru® courts (five lighted), and two full-time tennis pros as well as a stocked pro shop.
• The full-service, private Marina and Yacht Club offers 77 deep water slips and can accommodate vessels up to 125 feet long.  This protected marina is only minutes from the Inlet and just a quick day’s sail to the Bahamas.
• The Fitness Center offers the very latest in cardiovascular and weight-training machines and free weights. Personal trainers are available to provide a complete fitness evaluation and workout regimen and classes in Pilates, yoga, spinning, dance, jazzercise and general fitness are offered.
• The private, luxurious Sailfish Point spa offers specialty massages, body treatments, facials, manicures, pedicures, makeup, nail services and complete hair care.

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Sailfish Point May 2019 Market Report