Sailfish Point May 2017 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 $869,000 up to $7,900,000 for an average list price of $2,557,694 which equals $440.30 per sq. ft. of living area.

There are 6 homes currently pending sales.  List prices range from $899,000 up to $7,500,000 for an average list price of $3,072,333 or $491.99 per sq. ft. of living area.  These homes averaged 147 days on the market before going under contract.

In the past 12 months, 20 homes have sold in Sailfish Point.  Sales prices ranged from $585,000 up to $9,000,100 for an average sales price of $2,442,608 which works out to $386.94.  These homes sold for an average of 90% of the final list price and also averaged 216 days on market before going under contract.

Sailfish Point Condos:  There are 17 condos available to purchase in Sailfish Point.  These condos are available for prices ranging from $490,000 up to $1,450,000 for an average list price of $831,159 which equals $322.82 per sq. ft. of living area.

There are two condos currently under contract.  The list prices are $749,000 and $1,250,000 for an average list price of $999,500 or $262.49 per sq. ft. of living area.  These condos were on the market for an average of 204 days prior to going under contract.

In the past 12 months, 9 condos have sold in Sailfish Point.  Sales prices ranged from $577,500 up to $1,200,000 for an average sales price of $810,500 which works out to $316.78.  These homes sold for an average of 92% of the final list price and also averaged 171 days on market before going under contract.

About Sailfish Point on Hutchinson Island

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, elegant full-service beachfront country club with tennis, fitness center and more and a full-service deep water 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 2017 Market Report