Downtown Stuart Condo – Royal Oak Towers – For Lease

Downtown Stuart Condo – Royal Oak Towers – For Lease

Royal Oak Towers in Stuart FL

Rare opportunity for an annual lease close to downtown Stuart in the Royal Oak Towers of Stuart FL.  Just coming on the market for $1,300 a month.  All ages welcome, trucks OK.

Royal Oak Towers in Stuart FL Royal Oak Towers in Stuart FL

Ground floor unit near downtown. Walk to restaurants, the Lyric and shops. 2 bedroom, 2 bath over looking the fountain. Laminate wood floors in living room, tile in bedrooms. Kitchen has Corian counter, breakfast bar and pantry. Hurricane windows recently installed. Lots of natural light. Screened in patio. Back door opens to small grass area and walk way to pool. Unit has 1 covered parking spot. Only minutes to the beach.

Royal Oak Towers in Stuart FL Royal Oak Towers in Stuart FL

Royal Oak Towers in Stuart FL Royal Oak Towers in Stuart FL

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Condo in Downtown Stuart Just Listed

 

 

May 2016 Market Report for Ocean House in Indian River Plantation

May 2016 Market Report for Ocean House in Indian River Plantation

May 2016 Market Report for Ocean House Condos in Indian River Plantation, Hutchinson Island in Stuart, FL

Currently, there are 2 active listing on the market in Ocean House, both of which are listed for $629,000 which equates to $469.40 per square ft. of living area.

There are 3 condos under contract awaiting settlement.  List prices range from $459,000 up to $745,000 for an average list price of $562,667 and this equals $407.06 per sq. ft. of living area.  These 3 condos averaged 296 days on market before going under contract.

In the past 12 months, there have 2 sales in Ocean House.  The sales prices were $350,000 and $625,000 for an average sales price of  $487,500 or $363.81 per square foot of living area.  These two condos sold for an average of 93% of the last list price and went under contract in an average of 93 days after being listed.

Ocean House in Indian River Plantation

One of the newest buildings in Indian River Plantation, Ocean House, is also the most magnificent.  Consisting of 79 Luxury Condo units of either 2 or 3 spacious bedrooms with amenities galore.  All suites have Ocean views, even the first floor units, which are in actuality the equivalent of being on the third floor as there are two parking levels for residents to enjoy covered parking.

Ocean House in Indian River Plantation

Ocean House has a newly renovated club house area featuring an updated kitchen with granite counter tops and stainless steel appliances.  Two flat screen televisions and free wi-fi for those that need connectivity.

Ocean House in Indian River Plantation

A heated pool and lanai area that’s perfect for lounging close to the beach, or walk down your private access to enjoy the crystal blue waters of your private Atlantic ocean beach.

Ocean House in Indian River Plantation

Barbecue area with a Tiki Hut for those nights that you want to eat out under the stars.

The Marriott Resort at Indian River Plantation Features:

Ocean House in Indian River Plantation

Indian River Plantation consists of numerous condominium associations and buildings.  All styles from Ocean front to River front and Golf and Tennis villas can be found here.  IRP is associated and co-located with the Marriott Resort and Marina.

Tucked away on Hutchinson Island, the Treasure Coast’s 16-mile lush barrier island is a unique resort that greets guests with the warmth of true Southern hospitality.

The Hutchinson Island Marriott Beach Resort and Marina stretches across 200 acres of plantation landscape on Hutchinson Island, bordered on one side by the Atlantic Ocean and by the shimmering Indian River on the other side.

A newly remodeled lobby with sweeping draperies, plantation-style wood furnishings, and tropical tones sets the stage for a magical golf getaway. This is the gateway to an array of championship and executive courses, including Nicklaus, Fazio and Player designs.

Ocean House in Indian River Plantation

Golfers of all skill levels will enjoy the challenging fairways and greens found in the area’s 12 courses. Plantation East, the resort’s own course, meanders throughout the island and is characterized by water on 17 of 18 holes. This 4,042-yard, par-61 executive course requires careful club selection and precision shot-making to overcome constantly changing ocean breezes.

Golfers of all skill levels will enjoy the challenging fairways and greens found in the area’s 12 courses. The Ocean Club, the resort’s own course, meanders throughout the island and is characterized by water on 17 of 18 holes. This 4,042-yard, par-61 executive course requires careful club selection and precision shot-making to overcome constantly changing ocean breezes.

The Hutchinson Island Marriott offers guests and residents two tiki bars and their Signature Restaurant, the Baha Grille. Thirteen Novagrass tennis courts, miles of unspoiled beaches, water sports, deep sea fishing, and a full-service 77-slip marina anchored on the Indian River round out a perfect vacation of sun and fun.

Resort amenities also include three heated pools with sun decks, game rentals from the Activities Hut, two outdoor spas, and supervised activities for both children and teens.

May 2016 Market Report for Ocean House in Indian River Plantation

Hutchinson Island Condos For Sale

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May 2016 Market Report for Ocean Bay Villas on Hutchinson Island

May 2016 Market Report for Ocean Bay Villas on Hutchinson Island

As of May 2016 there are 8 available homes in the Ocean Bay Villas community on Hutchinson Island, FL.  List prices are from $349,000 to $569,900, for an average list price of $449,943 or $186.70 per sq. ft. of living area.  These townhomes have been on the market for an average of 173 days.

There are no current pending sales.

There have been 5 closed sales in the past 12 months.  Sales prices ranged from $290,000 to $397,500 which averages to $350,500 and is equal to $143.90 per sq. ft. of living area.  These homes sold for an average of 88% of list price and also averaged 184 days on market before going under contract.

May 2016 Market Report for Ocean Bay Villas on Hutchinson Island

Ocean Bay Villas on Hutchinson Island is an exclusive private enclave for only 78 owners located beautiful and unspoiled Hutchinson Island in Saint Lucie County on Florida’s Treasure Coast.  All villas in Ocean Bay feature three story luxury town home style residences with elevators and modern updated interiors.

May 2016 Market Report for Ocean Bay Villas on Hutchinson Island

There are three different home plans; The Azalea with 3 Bedrooms, 3 & 1/2 Baths and Den in 2171 sq. ft. of living area. The Beachberry which has 3 Bedrooms, 3 Baths, Den and Office in 2,327 sq. ft. of living area.  And, the Cocoplum with with 3 Bedrooms, 3 & 1/2 Baths and Den in 2,579 sq. ft. of living area

May 2016 Market Report for Ocean Bay Villas on Hutchinson Island

May 2016 Market Report for Ocean Bay Villas on Hutchinson Island

May 2016 Market Report for Ocean Bay Villas on Hutchinson Island

All models have two car garages, 9 and 10 foot ceilings. This gated Ocean Side community features an entertainment clubhouse, fitness center, community pool and spa.  A true resort style lifestyle that can be yours everyday.

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May 2016 Market Report for Ocean Bay Villas on Hutchinson Island

Rocky Point Home on Bayshore Terrace – Sold

Rocky Point Home on Bayshore Terrace – Sold

This affordable Rocky Point home on Bayshore Terrace in Stuart’s Rocky Point has sold for $212,500.

Rocky Point real estate Rocky Point real estate

Enjoy the good life in this 2 Bedroom, 2 Bathroom home in Stuart’s Rocky Point area. Lots of room to store all your toys with plenty of room for an RV and boat. No HOA restrictions to worry about either. This home has an updated kitchen with granite counter tops, washer and dryer as well as a one car garage. Open floor plan that has great space for a casual life style and entertaining. There’s a day dock for residents at the end of the street available for a $50 annual fee. Great location close to boat ramps, marinas and restaurants. All of this can be yours at a very affordable price.

Rocky Point real estate Rocky Point real estate

About Rocky Point

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 real estate

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 real estate

All this in wonderful family friendly neighborhoods within Martin County’s ‘A’ rated schools system.

Rocky Point real estate

One of the highlights of the year for Rocky Point is the Port Salerno Seafood Festival.  Held yearly in the winter, this free festival fills the streets of Historic Port Salerno.  In addition to serving up the area’s freshest and tastiest seafood, live music, community booths, arts & crafts, activities for the kids, pirates and more keep the entire family entertained the whole day.

Rocky Point real estate Admission is FREE, though attendees are asked to bring canned goods in exchange for zero admission to benefit a food drive for local food banks.

Rocky Point real estate

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Find the Perfect Home for Sale Today

Prices are low and the inventory has been shrinking.  Don’t miss the opportunity of a lifetime.  Search instantly for any size, location, price range to get you the BEST deal around!!!

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Stuart Florida Real Estate

Rocky Point Home on Bayshore Terrace – Sold

May 2016 Market Update for Island Dunes Condos on Hutchinson Island

 May 2016 Market Update for Island Dunes Condos on Hutchinson Island

May 2016 Market Update for Island Dunes Condos on Hutchinson Island in Jensen Beach, FL

There are currently 15 active listings on the market in Island Dunes at prices ranging from $215,000 to$995,000 for an average list price of $443,813 which equals $261.20 per square ft. of living area.  These condos have averaged 85 days on market so far.

There are 3 condos under contract awaiting closing listed from $234,900 to 385,000 for an average list price of $319,633 which works out to $245.94 per square ft. of living area.  These condos averaged 47 days on the market prior to going under contract.

In the past 12 months, 33 condos have sold ranging in sales prices from $160,000 to $835,000 with an average sales price of $390,783 which equals $237.43 per square foot of living area.  These sales averaged 96% of the final list price and also averaged 86 days on market before going under contract.

Island Dunes

Located on the unspoiled Barrier Island of Hutchinson Island in Jensen Beach, Florida in Saint Lucie County is a complex of five separate condominium buildings with a common thread.  All of these units belong to the Island Dunes Country Club.  This unique arrangement offers golf, tennis and a deep water marina, just steps from your condo without having to travel to the mainland. The five buildings from North to South are the Island Dunes Oceanside I & II, the Admiral, the Regency Island Dunes and the Regency Island Dunes Two.  All of these buildings are Oceanside affording easy access to the crystal clear blue waters of the Atlantic Ocean.  There’s a wide variety of condos available ranging from 1 Bedroom to spectacular 3 Bedroom Penthouse suites.

 Island Dunes

The Island Dunes Country Club offers a challenging nine hole golf course golf course on the on the banks of the wide Indian River,  championship tennis club , a pro shop, a deep water marina and one of the fine dining in the onsite restaurant area which is open to the public.

 Island Dunes

 Search for all May 2016 Market Update for Island Dunes Condos on Hutchinson Island in Stuart Florida


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May 2016 Market Update for Island Dunes Condos on Hutchinson Island

 

Vintage Stuart Pool Home – Open House May 8

Vintage Stuart Pool Home – Open House May 8

OPEN HOUSE, May 8, Sunday 1:00 PM – 3:00 PM
221 SE Martin Ave., Stuart, FL

Get Directions Click Here

Historic Stuart real estate

Description Photos Maps & Local Schools Walk Score
$ Click for current price
4 BEDROOMS
4 BATHROOMS (4 full)
2148 Square Feet
Unique Old Florida charm. Enter the home with wood floors and Miami Dade wood ceilings, with wood burning fireplace, exposed beams and vaulted ceilings. Open floor plan with views of the pool from living and family room. Hurricane impact sliders opens up the family room to enjoy the Florida outdoors. The 80 inch smart TV on an adjustable arm allows you to entertain and watch the TV on the patio conveys with the house. Main house has two bedrooms two baths with a third bedroom and half bath with separate entrance. There is a detached apartment with full kitchen and double walk-in closet. Hurricane safe room located on the property. Lush tropical landscaping with some fruit trees. four car detached carport and two storage sheds. Florida living at its best!
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Vintage Stuart Pool Home – Open House May 8

Pierpoint Condo B-72 Under Contract

Pierpoint Condo B-72 Under Contract

This wonderfully updated Pierpoint condo in Stuart FL is now under contract with the buyers and sellers working with the Gabe Sanders BlueWater Realty Team.  This condo was listed for $89,000.

This is the perfect winter getaway from those cold northern winters. With the opportunity to have your own boat only steps away to enjoy fishing or the many waterways of the Treasure Coast of Florida. Or, for some a great new permanent residence with no lawns to mow or exterior maintenance to worry about.

Pierpoint Condos in Stuart FL Pierpoint Condos in Stuart FL

Nicely updated 1 bedroom, 1 and ½ bathroom condo in Pierpoint. Serene pond views from the balcony of this surprisingly spacious condo. Kitchen has granite tile counter-tops and upgraded white cabinets. This unit comes fully furnished and in move in condition. Pierpoint is a waterfront community with dockage available for lease at very reasonable rates as well as kayak storage. There are two community pools, clubhouse with full kitchen, fitness room and a library. Fantastic location in the heart of Stuart only minutes to shopping, downtown, medical facilities and the beaches, yet still in a quiet residential area. Pierpoint is an adult community and no pets are allowed. Opportunities like this don’t come often.

Pierpoint Condos in Stuart FL Pierpoint Condos in Stuart FL Pierpoint Condos in Stuart FL

About Pierpoint Condominiums

This friendly, active 55+ condominium offers two community pools, grills, shuffleboard, a waterfront clubhouse and dock. Located in the heart of Stuart and on the shores of the wide Saint Lucie River, the Pierpoint Yacht Club Condominiums is the premier adult community in Stuart, Florida. Extremely well maintained complex of 8 buildings, some of which have magnificent water views.

Pierpoint Condos in Stuart FL Pierpoint Condos in Stuart FL

Pierpoint has docks with boat slips for rent as available. Also on this dock is a fishing station and benches for all Pierpoint residents to enjoy and use. Stuart enjoys some of the finest fishing conditions in all of Florida and the east coast.

Pierpoint Condos in Stuart FL Pierpoint Condos in Stuart FL

On the shores of the Saint Lucie River, Pierpoint has a large and active clubhouse with a full kitchen available for members and special occasions. Adjacent to the clubhouse is one of two heated pools, a billiard room, reading library and shuffle board courts. There’s an outdoor lounge for sipping cocktails right on the shores of the wide Saint Lucie River. Lots of green space and ample parking complement this wonderful community.

Pierpoint Condos in Stuart FL Pierpoint Condos in Stuart FL Pierpoint Condos in Stuart FL

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Pierpoint Condo B-72 Under Contract

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The Arbors in Hobe Sound May 2016 Market Report

The Arbors in Hobe Sound May 2016 Market Report

There are 4 available homes for sale in The Arbors as of May 2016.  List prices are $439,900 to $597,500 for an average of $519,100 which equals $199.88 per sq. ft. of living area.  These homes have been on the market for an average of 34 days.

There are three homes under contract which have not completed the sales process.  The list prices ranged from $479,000 to $575,000 for an average list price of $527,000 or $196.58 per sq. ft. of living area..  These homes averaged 162 days on market prior to going under contract.

In the past 12 months, 8 homes have sold in the Arbors.  Sales prices ranged from $315,000 to $578,500 for an average sales price of $407,063 which equals $176.87 per sq. ft. of living area.  These sales averaged at 96% of the listed price and were on the market for an average of 131 days prior to entering into an agreement for sale.

The Arbors in Hobe Sound FL

In northern Hobe Sound just west of Federal Highway and off of Seabranch Avenue is the exclusive 190 homes of the Arbors.  This exclusive gated community of upscale homes all border on lakes or preserve with generous lots and elbow room not found in many modern developments.  In addition to the two serene lakes the Arbors also contains generous nature preserves to protect the indigenous hardwoods and pines as well as offering a home to native flora and fauna.  Residents of the Arbors enjoy seeing endangered srub jays and gopher tortoises as well as pairs of sandhill cranes.   To enjoy the surrounding 100 acres of protected preserve areas, the Arbors has set up a walking trail through much of this land.  Great for a morning walk or excellent exercise for those that wish to go for a run or jog.

The Arbors in Hobe Sound FL  The Arbors in Hobe Sound FL

All this in a location that is just minutes from many championship golf courses, the beautiful beaches of the Atlantic Ocean and the marinas and waterways of Martin County.  Close to Martin County’s ‘A’ rated schools, shopping centers, medical facilities and all necessary urban services yet in a quiet peaceful setting.  The Arbors is less than an hour away from Palm Beach International Airport and just about equi-distant from Miami and Orlando, both only two hours by car.

The Arbors in Hobe Sound FL The Arbors in Hobe Sound FL

The Arbors is a wonderful place to call home.

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Cedar Pointe Village 6 End Unit Under Contract

Cedar Pointe Village 6 End Unit Under Contract

This 2 bedroom 2 bathroom condo in building 115 Unit 6 is now under contract through the efforts of the Gabe Sanders BlueWater Realty Team.  This is a Cedar Pointe Village 6, second floor end unit condo which was listed for $64,000.

 Cedar Pointe Village 6 Condo

Enjoy this 2 bedroom, 2 bathroom 2’nd floor end unit condo in Cedar Pointe. This spacious condo is available for immediate occupancy and features a newly painted living, dining and guest bedrooms. The master bathroom has been completely renovated while the remainder of this condo has great potential and is in need of some updating. Enjoy this wonderful community in one of the best locations in Stuart. Close to shopping, restaurants, beaches, golf and historic downtown Stuart. Cedar Pointe is a 55+ community and no pets are permitted. Rentals are permitted after 0ne year of ownership for a minimum of 3 months one time per year.

Cedar Pointe real estate in Stuart FL Cedar Pointe real estate in Stuart FL

Residents of Cedar Pointe live in one of the best locations in Stuart, Florida. Only 3 miles from Stuart Beach and several other fine beaches. Cedar Pointe Plaza is within walking distance of the Village. The Blake Library, The Fresh Market, Dollar Tree, Publix and many medical facilities are walkable. Several restaurants located right in the Plaza such as The Bagel Break, Alice’s, The Bistro and Florentino’s, & The Peacock. For great pizza and other Italian favorites try Camilla’s. Clothing stores such as Anthony’s and Bealls are local favorites. Several churches are close by. Martin Memorial Hospital is only a short drive.

Cedar Pointe real estate in Stuart FL Cedar Pointe real estate in Stuart FL

The Historic Downtown Stuart offers many opportunities to dine and shop or just have fun. During the “Season” many outdoor activities and events are scheduled; free Art Festivals, Music Fests, and free concerts on the water front and at the Court House Gazebo.

Cedar Pointe real estate in Stuart FL

Several theaters are in the area. Across the street is The Barn, the oldest community theater in the area. The Lyric in Downtown Stuart has a variety of productions. The Sunrise in Ft. Pierce and the Kravitz in Palm Beach offer a fantastic collection of productions, including named stars, opera, musicals and comedy.

Cedar Pointe real estate in Stuart FL Cedar Pointe real estate in Stuart FL

In “Season”, Cedar Pointe Villages have many social events; bingo, a variety of card games, Saturday breakfasts, hot dog/hamburger barbecues. And, occasionally a pot luck dinner. Singers and various musical groups from local schools enjoy performing here.

Cedar Pointe real estate in Stuart FL

Sports fans will not be disappointed. St. Lucie Mets Spring Training camp. Roger Dean Stadium in Jupiter for the Miami Marlins. Stuart is known as the Sailfish Capitol of the World. Bring or buy your fishing gear as you will have many opportunities to use it. The Annual Boat shows in the area. Fishing tournaments. Kayak and boat tours on the St. Lucie River. Is this not one of the many reasons you want to move here? Oh! Did I forget about golf? Great courses both county and private clubs abound.

Search for all Cedar Pointe Condos for Sale

Cedar Pointe Condos for Sale

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Cedar Pointe Village 6 End Unit Under Contract

Hobe Sound Four Bedroom Home – Great New Price

Hobe Sound Four Bedroom Home – Great New Price

A wonderful opportunity for the family or individuals looking for an affordable four bedroom home in Hobe Sound.  This home is an excellent value at the new price of $238,000!

Older but solid CBS home in a well established Hobe Sound neighborhood. 3 bedroom, 2 bath home plus garage which has been converted into 4th bedroom.  The 4th bedroom could possibly be a mother-in-law suite with separate entrance. Enter home into a large foyer area that opens to a spacious living room with a wood burning fireplace. Plenty of room in the kitchen for several cooks which is open to a formal dining area. Large fenced back yard with shed. Great family home with lots of room. Updated windows, hurricane shutters and a full home automatic backup generator come with this home. Very well located close to shopping, beaches as well as Jupiter and Stuart FL.

Hobe Sound home for sale Hobe Sound home for sale

Hobe Sound home for sale Hobe Sound home for sale

Hobe Sound home for sale Hobe Sound home for sale

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Call the Gabe Sanders BlueWater Realty Team for professional and expert real estate assistance and advice for all your residential real estate needs on Florida’s Treasure Coast.

Hidden River in Palm City FL – May 2016 Market Report

Hidden River in Palm City FL – May 2016 Market Report

Only one currently active listing in Hidden River in Palm City in late May.  This home is listed for $799,000 which equates to $319.60 per sq. ft. of living area.

There are no homes under contract at this time in the Hidden River community

In the past 12 months 1 homes has sold in Hidden River.  The sales price was $375,000 or $131.39 per sq. ft. of living area.  This sale was at 90% of the list price and went under contract after 118 days of being on the market.

About Hidden River in Palm City FL

Hidden River real estate in Palm City FL

This is a waterfront community in Palm City FL located on either Bessey Creek or Hidden River with ocean access through the North Fork of the Saint Lucie River.  Most homes in this community have excellent water depth and homes can handle some fairly good sized boats.

Hidden River real estate in Palm City FL

This is a non-deed restricted community with no HOA fees.  The earliest homes were built beginning in 1970 and the last one was completed in 2015.   Homes range from modest 2 bedroom, 2 bathroom cottages with just under 1,400 sq. ft. of living area on about a quarter of an acre up to 4 bedroom, 3 bathroom homes with close to 4,000 square ft of living area on one half acre lots.

Hidden River real estate in Palm City FL

Very private location, yet only minutes to Florida’s Turnpike as well as numerous shopping and restaurant choices in Palm City.

Hidden River real estate in Palm City FL

Children attend Bessey Creek Elementary, Hidden Oaks Middle and Martin County High Schools.

Search here for any Hidden River homes for sale

 

 

Spring Market Curb Appeal Boosters

Spring Market Curb Appeal Boosters

Many focus solely on the inside of their homes and forget about curb appeal – you know, the way a home looks from the curb? While it may be challenging for sellers to understand the idea of investing in a home they are leaving, the goal is to sell and get top dollar.

While your client may not be prepared to invest in some of these items, at the very least, be sure the landscaping has been tended to and the siding is clean and intact.

So let’s take a look at the 4 places money can best be spent outside:

Landscaping and Lighting

Spice up the exterior of the home with a freshly manicured lawn, new shrubbery, colorful flowers and top it off with lighting. New shrubs and a crisp lawn won’t show well in the dark so install some outdoor lighting and call attention to the great new place that just happens to be ready to buy.

Don’t forget to shine a light on the house numbers – buyers can’t take note of the address if it can’t been seen.

Siding and Paint

Make sure the siding or paint is clean and not cracking or peeling. At the very least you want the outside of the home to be clean. If your clients aren’t in a position to replace or repaint the exterior of the home you can always use a power washer to spruce up siding or a hose to clean up exterior paint.

New Doors and Windows

If a home is dated, new windows and doors can give the home a cleaner, newer look – in the end more appealing to your potential buyers. If the sellers are on a budget then you might want to consider a new coat of paint; a fresh new look will breathe life back into weathered windows and doors.

Your Roof

A damaged roof is cause for concern and is best addressed immediately. Replacing a roof will be something that will appeal to buyers as it’s a big ticket item they would rather not deal with in just a few short years. Also, with a new roof comes a new asking price – that’s right this will increase the value of the home.

At the end of the day you’ll want potential buyers to want to walk into the home and the only way to do this is to draw them in with an attractive exterior.

Reprinted with permission from Partner Xchange

Coral Lakes – May 2016 Market Report

Coral Lakes – May 2016 Market Report

For may 2016 there is only one home available for sale in Coral Lakes in Stuart FL.  This home is listed for $484,000 which is equal to $170.06 and as of May 1 has been on the market for 106 days.

There are no homes currently under contract in Coral Lakes.

In the past year, 7 homes have sold in Coral Lakes.  Sales prices ranged from $255,000 up to $530,000 for an average sales price of $334,500 or $138.11 per sq. ft. of living area.  These homes went under contract in an average of 88 days after being listed and sold for an average of 95% of the last list price.

About Coral Lakes:

Coral Lakes real estate in Stuart FL

The gated Stuart FL community of Coral Lakes is off Willoughby Blvd between Pomeroy Street and Salerno Road.  Communities like this are no longer being developed in most centrally located areas as all of the lots are a minimum of a ½ acre and a number are over an acre.

Coral Lakes real estate in Stuart FL

There are just under 100 home sites in Coral Lakes with the first homes built in 1980 and the most recently completed one was in 2005.  Homes come in all sizes and shapes with different builders and range from just over 1,600 sq. ft. 2 bedrooms and 2 bathrooms homes up to over 4,500 sq. ft. homes with 5 bedrooms and 4 bathrooms and multi-car garages.

Coral Lakes real estate in Stuart FL

Other than a storage lot for boats, RV’s and trailers there are no additional amenities in Coral Lakes and the low HOA fee of $450 per year covers maintenance of the common areas, gates and management.  Many homes have private pools in these spacious single family home sites as well as other much desired amenities.

Coral Lakes real estate in Stuart FL

The location makes it easy for residents of Coral Lakes to commute via I-95 to parts north or south of Martin County and yet still be close to shopping, restaurants, medical facilities, beaches and waterways , and the other great attractions that make Stuart FL so popular among families.

Coral Lakes real estate in Stuart FL

Currently, children attend the Pinewood Elementary, Dr. David L. Andersen Middle and Martin County High Schools.

Check here to see which Coral Lakes homes are available for sale.

 

Mortgage Rates Inching Up

Mortgage Rates Inching Up

Mortgage interest rates jumped 7 basis points this week to 3.66% on average for a 30-year fixed-rate mortgage, according to Freddie Mac. Last week, the 30-year fixed averaged 3.59%.

The Federal Reserve decided during its two-day policy-making committee meeting to maintain the federal funds rate at 1/4 to 1/2 percent citing slower economic activity. Incomes have risen yet household spending has slowed.

Many of the experts, 46%, polled by Bankrate’s Rate Trend Index expect rates to fall in the next two weeks.

Rates are still historically low, yet home prices are soaring.

“Demand is starting to weaken in some areas, particularly in the West, where the median home price has risen an astonishing 38% in the past three years,” said Lawrence Yun, chief economist at the National Association of Realtors.

Nationally, the median price of an existing home was $222,700 in March, up nearly 6% from last March.

Buyers should lock in their rates if they don’t want to risk further increases.

Rates for a 15-year fixed-rate mortgage rose to 2.89% this week from 2.85% last week. A year ago this time, it averaged 2.94%, according to Freddie Mac.

Likewise, the 5-year Treasury-indexed hybrid adjustable-rate mortgage averaged 2.86% this week, up from 2.81% last week, and 2.85% a year ago this time.

mortgage rates

Reprinted with permission from Partner Xchange

Central Stuart Pool Home – New Price

Central Stuart Pool Home – New Price

 


Charming Old Florida Homestead
Overview
Maps
Photos
Description
$590,000
Unique Old Florida charm. Enter the home with wood floors and Miami Dade wood ceilings, with wood burning fireplace, exposed beams and vaulted ceilings. Open floor plan with views of the pool from living and family room. Hurricane impact sliders opens up the family room to enjoy the Florida outdoors. The 80 inch smart TV on an adjustable arm allows you to entertain and watch the TV on the patio conveys with the house. Main house has two bedrooms two baths with a third bedroom and half bath with separate entrance. There is a detached apartment with full kitchen and double walk-in closet. Hurricane safe room located on the property. Lush tropical landscaping with some fruit trees. four car detached carport and two storage sheds. Florida living at its best!
Main Features
4 Bedrooms
3 Bathrooms
1 Half Bathroom
3 Units
Interior: 2,148 sqft
Lot: 0.53 acre(s)
Year Built: 1950
MLS #: 386089
Location
221 SE Martin Avenue
Stuart, FL 34996
USA
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Gabe’s May 2016 HouseCalls Newsletter

Gabe’s May 2016 HouseCalls Newsletter

Click on the image below to view or download our May 2016 HouseCalls Newsletter:

Gabe's May 2016 Housecalls Newsletter

Click here to download the full PDF of our May 2016 HouseCalls Newsletter

You can see all the past issues here:

HouseCalls Archive

Gabe’s May 2016 HouseCalls Newsletter

March 2016 Monthly Market Detail St Lucie County Townhouses and Condos

March 2016 Monthly Market Detail St Lucie County Townhouses and Condos

The March 2016 Monthly Market Detail St Lucie County Townhouses and Condos shows reduced activity from March of last year.  Closed sales were down 23.1% from last year (was down 22.3% in February) while new sales under contract (new pending sales) decreased by 7.5% (was down by 24.1% in February).

The median sales price increased by 9.2% (was down by 10.4% in February) while the average sales price was down by 2.8% (decreased 7.2% in February).  This is the first month in 2016 with some increase in prices for this segment of the St Lucie County real estate market.

The inventory of available townhouses and condos decreased by 12 units from last month to 655 units, which is 3.1% greater than March 2015. The current supply of inventory remained unchanged from last month at  6.6 months, which is 6.5% greater than last year.  The St Lucie County townhouses and condos market remains in basically a balanced market and leaning towards going into a buyers market. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

March 2016 Monthly Market Detail St Lucie County Townhouses and Condos

Click here to view or download the full report:
March 2016 Monthly Market Detail St Lucie 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.

March 2016 Monthly Market Detail St Lucie County Townhouses and Condos

Historic Stuart Home – Open House – Sunday May 1

Historic Stuart Home – Open House – Sunday May 1

Historic Stuart real estate

Join us Sunday May 1 from 1 PM to 3 PM at 221 SE Martin Ave. in Stuart FL for an open house.  This spacious home with so much to offer is available for $590,000.

Historic Stuart real estate Historic Stuart real estate

Unique Old Florida charm. Enter the home with wood floors and Miami Dade County Pine wood ceilings, with wood burning fireplace, exposed beams and vaulted ceilings. Open floor plan with views of the pool from living and family room. Hurricane impact sliders opens up the family room to enjoy the Florida outdoors. The 80 inch smart TV on an adjustable arm allows you to entertain and watch the TV on the patio conveys with the house.

Historic Stuart real estate Historic Stuart real estate

There are numerous structures that come with this property. The main house has two bedrooms two baths with a third bedroom and half bath with separate entrance. As well as a totally detached apartment with full kitchen and double walk-in closet and bathroom.

Historic Stuart real estate Historic Stuart real estate

Also, there’s a hurricane safe room located on the property that can double as a bomb shelter. Lush tropical landscaping with some fruit trees. four car detached carport and two storage sheds. Florida living at its best!

Historic Stuart real estate Historic Stuart real estate

Search for all Stuart real estate in Zip Code 34996

and 34994 or 34997

March 2016 Monthly Market Detail St Lucie County Single Family Homes

March 2016 Monthly Market Detail St Lucie County Single Family Homes

March 2016 Monthly Market Detail St Lucie County Single Family Homes improved its March volume as compared to February but still weaker than last year.  Closed sales were up by 0.2% (in February they were down by 9.2%) and new sales under contract (new pending sales) decreased by 4.7% (they were down by 3.9% last month).

However, prices continue to increase quite dramatically.  Both the median and average sales prices up by 19.4% and 16.2% respectively from last March (For February these numbers were 17.2% and 14.6%).

Active listings fell by 18 to 1,822 homes.  This inventory is 14.5% greater than last year.  The current supply of homes is at  4.1 months (a 20.6% increase from last year). The St Lucie County single family home market remains in a strong sellers market, though not quite as superheated as last year.

March 2016 Monthly Market Detail St Lucie County Single Family Homes

Click here to view or download the full report:
March 2016 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.

March 2016 Monthly Market Detail St Lucie County Single Family Homes

The Top 5 Reasons Every Buyer & Seller Should Hire a Realtor

Hire a Realtor

The number of homeowners attempting to sell by owner has dropped to record low levels. Now more than ever, it seems, homeowners and buyers alike recognize the importance of using a real estate professional. In fact, 87% of buyers last year used a Realtor, according to the National Association of Realtors. Most glaring, only 8% of homeowners were FSBO sales in 2015.

There are many reasons to use a Realtor, but here are The Top 5 Reasons Every Buyer & Seller Should Hire a Realtor:

1.  Agents Know What Buyers Want:  An experienced real estate agent can see what potential buyers will see – and perhaps details you have overlooked.  Agents are in tune with buyer needs, fears, nonnegotiables, and preferences.  Setting the stage for prospective purchasers is an extremely important part of the marketing process, and a good agent will provide you with tips, checklists, and feedback from a would-be buyers perspective.

2.  Agents are Real Estate Marketing Experts.  A real estate professional will provide you with a written marketing plan that outlines all the activities required to get your house sold at the highest possible price, in the least amount of time.  Real estate marketing is not about a yard sign, property flyers in an info box, or open houses. Real estate marketing is all about listing syndication, exposing your home to the greatest audience of buyers and their agents, and providing financing insight specific to your property.  Most important of all, a real estate professional will set the right list price from the start. They know that if you don’t price it right on day one, your chances of selling, and recouping your equity, will diminish with each passing day.

3.  Agents Know How To Handle the Multiple Sell.  Not only do they have to sell your home to a potential buyer, real estate professionals have to sell your home to the other agents in the area, and to the lender via the appraisal process.  An agent will guide you as to how to best position your property and your pricing to ensure the best odds of satisfying the often conflicting pricing opinions of all three.

4.  Agents are Skilled Negotiators.  A professional will be the calming influence you need in the midst of stressful negotiations. They’re also the objective third-party “buffer” in the process.  Experience has taught them that there are many creative ways to bring contract negotiations to a successful close.

5.  Agents Keep the Transaction Together.   There are many moving parts before the closing.  Inspections, financing contingencies, and title searches are such some of the steps that can derail a transaction.  A knowledgeable and experienced agent will take on these contingencies, renegotiate the details, and keep the transaction moving forward to a successful close.

If you’re looking for a top agent on Florida’s Treasure Coast give the Gabe Sanders BlueWater Realty Team a call.

Reprinted with permission from Partner Xchange