Island Club Condos November 2018 Market Report

In November 2018 there is 1 condo available for sale in the Island Club on Hutchinson Island which is also sometimes called the Hutchinson Island Club. This condo is listed for $450,000 or $309.92 per sq. ft. of living area.

There are also no condos currently under contract.

In the past 12 months, 5 condos have sold. Sales prices ranged from $320,000 up to $414,000. This is an average sales price of $364,280 which is equal to $250.88 per sq. ft. of living area. These units sold for an average of 96% of list price and averaged 39 days on market prior to going under contract.

About the Island Club Condos in Jensen Beach FL:

The Island Club Condos of Jensen Beach are also known as the Hutchinson Island Club. This one of a kind condo building. It was built in 1977 just to the south of the Waveland Public beach on Saint Lucie County to the north of the Jensen Beach Causeway. There are 92 residences in this 11 story building.

The Island Club is unique because it features spectacular ocean views from floor to ceiling windows in all units. All of these condos are also considerably larger than your average oceanfront condo. It features a number of 2 story 3 bedroom plus den, 3 bathroom condos of 2,524 sq. ft. not including the balconies. There is also a roomy 2 bedroom, 2 bath condos with 1,452 sq. ft. of living area. Some units have a detached one car garage. Though there is reserved parking and ample guest parking for all.

Amenities in the Island Club are a heated a pool, Jacuzzi, fitness room, kitchen, social area, billiard room, library, bar, BBQ grills, gazebo, sauna and shuffleboard courts. All of this for just over $600 a month condo fees plus some for larger units and those that come with a one car garage.

Sorry, no pets are permitted in the Island Club, but rentals are allowed with some restrictions.

If you’re in the market for unparalleled views from a spacious home on the ocean, the Hutchinson Island Club may be the perfect spot for you.

Click here for currently available Island Club Condos for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – Atlantis – Claridge – Dune Walk – Empress – 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

Island Club Condos November 2018 Market Report

Anglers Cove Condo With Ocean Access Dock Under Contract

11.24.18 by Gabe Sanders

Anglers Cove Condo With Ocean Access Dock Under Contract

Calling all boaters and fisherman! Enjoy having your own private dock for up to a 30’ boat right outside your back door. Enjoy the good life in this Hutchinson Island 2 bedroom, 2 bathroom condo with private beach access, a heated pool, clubhouse, additional storage, car wash and on-site manager. This unit has wonderful water views with peaks at the wide Intracoastal Waterway from the Florida room, living room and dock. The ocean inlet is only 10 to 15 minutes away depending on the sped of your boat. This condo is located in the Anglers Cove community which is only minutes from the Stuart Causeway and all the shopping and amenities that Stuart has to offer. This is a pet friendly community and will accept up to two dogs. Boat trailer parking on site subject to availability.

About Anglers Cove:

Angler Cove Condos on Hutchinson Island in Stuart Florida is a unique complex with 12 buildings and 64 units surrounding a man made cove with deep water dockage for the boating enthusiast.

Units include spacious two bedroom units as well as a number of larger three bedroom townhome style homes. Two buildings on the west side of the complex offer spectacular wide river views of the Intracoastal Waterway (Indian River).

Most first floor units offer dockage just steps outside the living area. Some second floor units have docks available throughout additional spaces in the cove as well as larger docks built out into the Indian River.

Amenities include a full time on-site manager and maintenance man. A clubhouse with a large community pool, barbecue areas and some limited boat parking and deeded beach access.

Very well located just minutes to downtown Stuart Shopping, restaurants and all other services just a short distance away. An excellent place to call home or to have a Florida getaway for those cold winters up north!

Condo association fees vary depending on unit size but are roughly $525 to $867 per month. (as of July 2018). The fees include maintenance and insurance for the common areas and Basic Cable Tv, Landscape/Lawn care, On Site Manager, Reserve Fund, Trash, Water and Sewer and building maintenance and insurance.

This is a pet friendly complex allowing for up to two large pets per unit and rentals are permitted with some restrictions.

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Anglers Cove Condo With Ocean Access Dock Under Contract

Stuart FL 34996 Condo Market Report October 2018

11.23.18 by Gabe Sanders

Stuart FL 34996 Condo Market Report October 2018

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for October 2018

For October 2018 in the 34996 Zip Code area of Stuart, Florida :

There are currently 127 active condo listings (Up by 27 condos from last month).

22 Condo sales are pending and awaiting close or lender approval (Down by 8 condos from September).

19 Condos Sold in October (Down by 3 condos from September)

The Stuart FL 34996 Condo Market of Stuart showed a good increase in inventory of available condos for sale. Unfortunately. both pending and closed sales were down for October.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 rose to 6.7 months from September’s 4.5 months. Transitioning back into a balanced market for this segment of Martin County condos. A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for October 2017 were: 130 active listings, 24 pending sales, and 22 closed sales. Slightly better activity last year.

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Stuart FL 34996 Condo Market Report October 2018

Fairway Villas 3 BR Condo in Indian River Plantation Sold

11.23.18 by Gabe Sanders

Fairway Villas 3 BR Condo in Indian River Plantation Sold

Sold for $370,000, this townhome style condo was only on the market for 6 days prior to going Sold.

Live the good life in this Indian River Plantation 3 bedroom, 3 bathroom townhome style condo with a detached garage. Enjoy the bright living area with soaring ceiling heights looking out at the manicured lawns and lakes of the golf course. Two bedrooms, two baths on the main floor and a loft style 3’rd bedroom (or flex space upstairs. There is an air-conditioned bonus room behind the loft that could be used as a fourth bedroom if needed. This home is Just steps away from the beach or the deep water marina. Owners have access to membership (not mandatory) in the Marriott Beach Club which makes the resort style amenities of the Marriott available to both the owners and tenants (if renting the unit). This is a pet friendly condo with liberal rental policies.

The Marriott beach club offers shuttle transportation to all of its amenities including restaurants, golf club, driving range, fitness and tennis center as well as the Tiki bar and ocean lounge. Plantation Villas are just a short drive across the Stuart Causeway to access historic downtown Stuart with wonderful amenities, including professional medical providers, hospital, attorneys, financial advisers, restaurants and shopping. The Hutchinson Island Publix is just a mile away as well.

A true resort lifestyle at an affordable price.

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Fairway Villas 3 BR Condo in Indian River Plantation Sold

Stuart FL 34996 Residential Market Report October 2018

11.22.18 by Gabe Sanders

Stuart FL 34996 Residential Market Report October 2018

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for October 2018

For October 2018 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 158 active listings (increased by 7 homes from September).

21 Residential sales are pending and awaiting close (Up by 2 homes from September).

14 Homes Sold in October (Up by 1 homes from September).

The 34996 zip code area of the Stuart Florida improved marginally from last month. The inventory continued to rise, which is good. We also had slight increases in both pending and closed sales.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for October dropped slightly to 11.3 months as compared to September’s 11.6 months. Remaining in a buyer’s market for the 34996 zip code area of Stuart FL but drifting towards a balanced market. A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for October 2017 were: 129 active listings, 30 pending sales, and 5 closed sales. Better sales numbers this year, but lower pending sales and a larger inventory of available homes for sale.

Stuart FL 34996 Residential Market Report October 2018

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Stuart FL 34996 Residential Market Report October 2018

Stuart FL 34994 Condo Market Report October 2018

11.21.18 by Gabe Sanders

Stuart FL 34994 Condo Market Report October 2018

Stuart FL Real Estate Snapshot for ZIP Code 34994, Condo Sales for October 2018

For October 2018 in the 34994 Zip Code area of Stuart, Florida :

There are currently 85 active condo listings (Up by 9 condos from September).

45 Condo sales are pending and awaiting close or lender approval. (Decreased by 2 condos from last month)

14 Condos Sold in October (Down by 6 condos from September).

The Stuart FL 34994 Condo market showed slightly weaker closed activity from last month along with an increase in inventory of available condos for sale.

The absorption rate for October dropped to 6.1 months compared to last month’s 3.8. Transitioning back into a balanced 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 October the numbers were 92 active listings, 28 pending sales, and 14 closed sales. Identical closed volume when compared to last year, but much better pending activity.

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Stuart FL 34994 Condo Market Report October 2018

River Pines Townhouses November 2018 Market Report

11.21.18 by Gabe Sanders

River Pines Townhouses November 2018 Market Report

As of November 2018, there are 4 active listings for River Pines townhouses for sale in Stuart, FL. Prices range from a low of $169,000 up to $195,000 which equals an average list price of $178,475 or $138.57 per sq. ft. of living area.

There is only 1 River Pines townhome under contract awaiting sale. The list price was $149,000 which is $115.68 per sq. ft. of living area. This property was on the market for 23 days prior to going under contract.

In the past 12 months, 29 townhouses have sold in River Pines with sales prices ranging from$115,000 up to $195,000 which equals to an average sales price of $150,337 or $115.06 per sq. ft. of living area. These townhomes have been on the market for an average of 77 days prior to going under contract and sold for 96% of the last list price.

About River Pines in Stuart FL:

Located just off the Intracoastal Waterway off of Cove Road in Stuart is the River Pines community. 396 private residences in quad style town-homes. This community was built in 1981 and 1982 and all homes are 1288 sq. ft. of living area with 2 bedrooms and 2 and ½ baths. There are large private courtyards for each home, some of which the residents have enclosed for added living area.

Only a short walk or bike ride to the Saint Lucie River with access for kayak launch. Boat ramps also nearby. All ages are welcome and 2 small pets are permitted. Each home has 2 reserved parking spots with additional guest parking. Amenities include 2 Community pools, tennis courts and racquetball/handball courts. There’s also a private preserve adjacent to the Intracoastal available exclusively for residents use.

A very well run community with excellent financials. Residents have the option of joining the Miles Grant golf club (just across the street).

As of November 2018, HOA fees were $167 per month.

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River Pines Townhouses November 2018 Market Report

Stuart Florida 34994 Residential Market Report October 2018

11.20.18 by Gabe Sanders

Stuart Florida 34994 Residential Market Report October 2018

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for October 2018

For September 2018 in the 34994 Zip Code area of Stuart, Florida :

There are currently 85 active listings (Up by 13 homes from September)

18 Residential sales are pending and awaiting close or lender approval (Increased by 2 homes from last month).

15 Homes Sold in May (Decreased by 2 homes from September)

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida is showing a welcome increase in inventory. Unfortunately, sales were off when compared to last month.

The one-month absorption rate for the 34994 zip code for October rose to 5.7 months from 4.2 months for September. Remaining in a seller’s market for the 34994 zip code area of Stuart, FL. This is getting very close to a balanced market. A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The October 2017 numbers were 76 Active Listings, 27 pending sales, and 12 closed sales. With a higher inventory, better cllosed activity this year. Pending sales were better last year.

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