Palm City FL 34990 Residential Market Report April 2016

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for April 2016

For April 2016 in the 34990 Zip Code area of Palm City Florida :

There are currently 375 active listings (Decreased by 24 homes from March)

175 Residential sales are pending and awaiting close or lender approval. (Decreased by 4 homes from last month)

84 Homes Sold in March (Increased by 4 sold homes from March)

The Palm City FL, zip code 34990, residential real estate market continues to be an active market with properly priced homes moving very quickly. This activity will most likely continue through the summer season.

The monthly absorption rate decreased to to 4.7 months from 5 months in March. Continuing as a sellers market for the Palm City zip code 34990 area for residential sales. A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The April 2015 numbers were: 381 active listings, 217 pending sales and 73 closed sales. Better closed volume for this year but pending sales were better last year.

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Palm City FL 34990 Residential Market Report April 2016

Royal Oak Towers B-1 Leased

05.18.16 by Gabe Sanders

Royal Oak Towers B-1 Leased

The rental market in Stuart FL is competitive and this Royal Oak Towerss condo in Stuart FL was leased after 1 day of being made available on the MLS. Leased for $1,300 a month.

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.

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Stuart FL 34997 Condo Market Report April 2016

05.17.16 by Gabe Sanders

Stuart FL 34997 Condo Market Report April 2016

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for April 2016

For April 2016 in the 34997 Zip Code area of Stuart, Florida :

There are currently 71 active condo listings (Down by 4 condos from March).

Stuart FL 34997 Condo Market Report April 2016

39 Condo sales are pending and awaiting close or lender approval Up by 1 condos from March).

Stuart FL 34997 Condo Market Report April 2016

16 Condos Sold in April (Decreased by 5 condos from March).

Stuart FL 34997 Condo Market Report April 2016

The Stuart FL condo market for zip code 34997 for April had fewer sales than the previous month while also continuing a reduction in inventory, while pending sales remained moderate.

The one month absorption rate jumped to 4.4 months from 3.6 months for March. Still a sellers market though drifting towards more of a balanced market. A 6 to 7 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.

The April 2015 numbers were: 43 active listings, 30 pending sales and 18 closed sales. One of the few segments of the Martin County real estate market with a higher inventory this year as compared to last. Consequently we should have better sales volume, but alas, it was stronger last year.

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Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for April 2016

Stuart FL 34997 Residential Market Report April 2016

05.16.16 by Gabe Sanders

Stuart FL 34997 Residential Market Report April 2016

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for April 2016

There are currently 309 active listings (Increased by 1 homes from March).

219 Residential sales are pending and awaiting close or lender approval (Increased by 44 homes from March).

99 Homes Sold in April (Increased by 21 homes from March)

The Stuart Florida Residential Market for ZIP Code 34997 continues as the largest and the most active segment of the Martin County single family real estate market. Closed and pending sales had a second month of large improvements from last month as this segment of the Stuart residential real estate market remains very active and at a big advantage for sellers.

The current one month absorption rate plunged to 3.1 months (was 3.9 months for March). Even a stronger sellers market for the 34997 segment of the Stuart residential market. Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.

The 2015 numbers for April, were: 315 active listings, 223 pending listings and 98 closed sales. Very similar activity to last year.

Stuart FL 34997 Residential Market Report April 2016

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Stuart FL 34997 Residential Market Report April 2016

Listen to Your Realtor

05.16.16 by Gabe Sanders

Listen to Your Realtor

In their quest to sell their homes for the best prices and under optimum conditions, people often hire a trained real estate professional to help them in their quest. And they may consider their Realtor as just that; a helper who will sell their home under their conditions, and under their specific dictates.

While your Realtor indeed has been hired to serve and assist you in what can be a challenging and even daunting process, you may want to slightly shift your perception of this trained real estate professional; thinking of he/she more as your informed partner as opposed to your employee.

When you think of it, the two of you together just may form the perfect and ideal home selling partnership. For while you have a great deal of inside information regarding your home and its many assets and amenities, your Realtor will have the knowledge and the experience to determine which of these assets qualify as verified selling points. And furthermore, they will know how to showcase these points to the very best effect.

You already know, of course, that you have a beautiful home. Yet your Realtor is likely to have a great deal of advice about how to sell this residence; and in a great variety of ways.

1. Your Realtor has an endless and very helpful array of marketing tools right at their fingertips. They can photograph, videotape, compose written descriptions of and conduct physical face to face showings of your magnificent residence, and on websites and in newspapers, magazines and other publications that people consult for the specific purpose of shopping for a new home.

2. Your Realtor may have a more realistic view of your home than—well, than you do. Sorry! You may have the perception that your home is an ebullient showplace worthy of the top price on the market. Your real estate professional, on the other hand, can view your house through a substantially more objective lens; comparing its assets and drawbacks to those possessed by other houses currently on the market.

3. Your Realtor knows all of the rules and regulations involved in selling a home. Terms such as interest rates, mortgages, home inspections and closing costs may threaten to boggle your mind; yet with the help of a trained real estate professional, you can indeed navigate the waters of legal and efficiently conducted home sales.

So as you seek to market and sell your home, it is always important to listen to your Realtor! And, if you are looking for a Realtor who knows the Treasure Coast of Florida, give me a call.

Stuart FL 34996 Condo Market Report April 2016

05.15.16 by Gabe Sanders

Stuart FL 34996 Condo Market Report April 2016

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for April 2016

For April 2016 in the 34996 Zip Code area of Stuart, Florida :

There are currently 126 active condo listings (Up by 12 condos last month).

48 Condo sales are pending and awaiting close or lender approval (Decreased by 5 condos from March).

37 Condos Sold in April (Increased by 6 condos from March)

The Stuart FL 34996 Condo Market of Stuart showed strong sales volume and a welcome increase in inventory for this April 2016 market report.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 plunged to only 3.4 months from March’s 3.9 months. Even a stronger sellers market for April when compared to earlier months. A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for April 2015 were: 110 active listings, 55 pending sales and 23 closed sales. Impressively, better closed sales for this year. And, also one of the few segments of our market with greater inventory than was available last year.

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Stuart FL 34996 Condo Market Report April 2016

May 2016 Market Report for River Pines in Stuart FL

05.15.16 by Gabe Sanders

May 2016 Market Report for River Pines in Stuart FL

As of may 2016, there are 6 active listings for River Pines townhomes for sale in Stuart, FL. Prices range from $129,900 to $149,900 which equals to an average list price of $143,883 or $111.71 per sq. ft. of living area.

There are 6 River Pines town homes under contract awaiting sale. List prices are from $89,000 to $154,900 for an average list price of $123,250 or $102.47 per sq. ft. of living area. These properties averaged 89 days on the market prior to going under contract.

In the past 12 months, 23 townhouses have sold in River Pines with sales prices ranging from$95,000 to $147,000 which equals to an average sales price of $120,261 or $93.37 per sq. ft. of living area. These townhomes have been on the market for an average of 43 days prior to going under contract and sold for 95% of the last list price.

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 May, 2014 HOA fees were $160 per month.

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May 2016 Market Report for River Pines in Stuart FL

Stuart FL 34996 Residential Market Report April 2016

05.14.16 by Gabe Sanders

Stuart FL 34996 Residential Market Report April 2016

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for April 2016

For April 2016 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 151 active listings (Down by 12 homes from March).

55 Residential sales are pending and awaiting close or lender approval (Up by 4 homes from March).

25 Homes Sold in April (Increased by 2 homes from March).

The 34996 zip code area of the Stuart Florida residential real estate market showed some gains in all tracked criteria for April. Though, the inventory continues to decline.

The one month absorption rate for the 34996 zip code area of Stuart Florida for April decreased to 6 months as compared to March’s 7.1 months. A balanced market for this section of Martin County. A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for April of 2015 were: 173 active listings, 29 pending sales and 18 closed sales. Considerably better volume this year than for April of last year even with a reduced inventory. Quite impressive.

Stuart FL 34996 Residential Market Report April 2016

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Stuart FL 34996 Residential Market Report April 2016

Oakbrooke Estates May 2016 Market Report

05.14.16 by Gabe Sanders

Oakbrooke Estates May 2016 Market Report

As of may 2016, there are 3 homes for sale in the Oakbrooke Estates community of Palm City in Martin County Florida. The list prices for these homes range from $479,900 to $529,900 for an average list price of $492,400 which also equals $140.56 per sq. ft. of living area.

There are 4 homes under contract which haven’t sold to date. List prices for these 4 homes range from $439,000 up to $489,000 for an average of $466,675 or $144.43 per sq. ft. of living area. These homes only averaged 14 days on the market prior to going under contract.

In the past 12 months, 6 Oakbrooke Estates homes have sold. Sales prices were from $400,000 up to $490,000 and averaged $431,000 which equals $137.80 per sq. ft. of living area. These 6 homes sold for 97% of the last list price and went under contract in an average of 52 days after being listed.

About Oakbrooke Estates:

Also known as Oakbrooke Estates Gardens. Located on the north side of Martin Hwy (State Road 714) and just down the street from the Publix supermarket and close to other shopping areas as well as schools and Florida’s Turnpike. This community was built between 2003 and 2005 and consists of 70 single family homes of various sizes ranging from 4 bedroom, 3 bathroom homes of 2,263 sq. ft. of living area up to 5 bedroom, 4 bathroom homes of 3,690 sq. ft. and all these homes come with with 3 car garages.

Many of the homes in Oakbrooke Estates have their own private pool as well as some homes with serene lake views on cul-de-sacs. There is a community pool and clubhouse as well in this subdivision and a gated entrance for privacy and security. The low HOA fees of $180 cover the common areas, security gate, trash pickup and basic cable TV.

Children who live in Oakbrooke Estates currently attend the Palm City Elementary, Hidden Oaks Middle and Martin County High Schools.

A wonderful family friendly community of newer palm City Homes.

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Stuart FL 34994 Condo Market Report April 2016

05.13.16 by Gabe Sanders

Stuart FL 34994 Condo Market Report April 2016

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for April 2016

For April 2016 in the 34994 Zip Code area of Stuart, Florida :

There are currently 97 active condo listings (Up by 1 condos from March).

35 Condo sales are pending and awaiting close or lender approval. (Decreased by 3 condos from last month)

19 Condos Sold in April (Up by 4 condos from March).

The Stuart FL 34994 Condo market showed some small gains in volume for April and continues to show strong real estate market activity.

The one month absorption rate increased to 5.1 months compared to last month’s 6.4. Back, once again, into a sellers market for condos in 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 April the numbers were 93 active listings, 40 pending sales, and 19 closed sales. Similar volumes when compared to last year’s April numbers, though pending sales were better last year.

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Stuart Florida Market Report ZIP Code 34994 – Condo, April 2016

Hobe Sound 4 BR Open House May 15

05.13.16 by Gabe Sanders

Hobe Sound 4 BR Open House May 15

OPEN HOUSE, May 15, Sunday 1:00 PM – 3:00 PM

6441 SE Clairmont Place, Hobe Sound, FL

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Hobe Sound FL real estate

Description

Photos

Maps & Local

Schools

Walk Score

$ Click for current price

4 BEDROOMS

2 BATHROOMS (2 full)

2152 Square Feet

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.

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Stuart Florida Market Report ZIP Code 34994 Residential April 2016

05.12.16 by Gabe Sanders

Stuart Florida Market Report ZIP Code 34994 Residential April 2016

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for April 2016

For April, 2016 in the 34994 Zip Code area of Stuart, Florida :

There are currently 65 active listings (Up by 2 homes from March)

49 Residential sales are pending and awaiting close or lender approval (Increased by 15 homes from last month).

10 Homes Sold in March (Down by 5 homes from March)

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida had a slow month of April for closed sales while at the same time showing some pretty good increase in pending sales. This should signal an increase in closed sales for the coming months.

The one month absorption rate for the 34994 zip code for April jumped to 6.5 months from 4.1 months for March. Back to a balance market for the 34994 zip code area of Stuart, FL (even though I suspect this is only temporary). A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The April 2014 numbers were 68 Active Listings, 33 pending sales and 21 closed sales. Better closed sales numbers for last year but higher pending sales for this year.

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Stuart Florida Market Report ZIP Code 34994 Residential April 2016

Whispering Sound Villa in Palm City – Just Listed

05.12.16 by Gabe Sanders

Whispering Sound Villa in Palm City – Just Listed

3895 SW Whispering Sound Drive is now available for sale for $210,000.

Whispering Sound is Palm City’s sought after 55 and over community. Gated entry into community that is lovely, lushly landscaped and well maintained. Enter into a large living room with vaulted ceiling, sliding glass doors that open onto a screened lanai with a private garden setting. Large master bedroom with walk-in closet. Walk-in shower with hand rails. Kitchen is bright and cheerful with breakfast bar and built-in desk. There is a separate dining area. Home has a den that could be made into a 3rd bedroom. Laundry room is inside the house. 2 car garage with lots of shelves. Very active community with clubhouse that has a large kitchen for banquets, a card room, exercise room, pool tables, men and women restroom with showers and women’s has a sauna.

Whispering Sound is a gated age restricted community (55+) in Palm City FL. An excellent location just west of the new Veteran’ Memorial Bridge on Martin Highway (State Road 714) making downtown Stuart a short ride as well as easy access to Florida’s Turnpike and I-95. Lots of shopping, restaurants and medical facilities are also very close to Whispering Sound.

This attractive community has 228 villas that were built from 1991 to 1998. These villas all come with either a two car or one car garage. Sizes range from just under 1,800 sq. ft. of living area to 1.449 sq. ft. Interiors range from 2 Bedroom and 2 Baths to 3 Bedroom 2 Bath homes.

As of this writing (May 2016) the Home Owners’ Association (HOA) fees are approximately $250 per month, payable quarterly.

This active 55+ community boasts of an active club house with heated swimming pool, spa, tennis courts and shuffleboard along with many activities that will keep the most active residents happily occupied throughout the year.

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Sewalls Point Single Family Market Report April 2016

05.11.16 by Gabe Sanders

Sewalls Point Single Family Market Report April 2016

Sewalls Point Real Estate Snapshot, Residential Sales for April 2016

There are currently 68 active listings (Down by 2 homes since last month)

19 home sales are pending and awaiting close or lender approval (Increased by 5 homes from March)

3 Homes sold in April (Decreased by 3 home sales from March)

The single family real estate market in Sewalls Point showed a nice increase in pending sales for April, but unfortunately closed sales were once again less than expected. There does seem to be very good showing activity, so I’m expecting sales to pick up as we head into the summer season.

The current absorption rate exploded to 22.7 months, in March it was 11.7 months. A very strong buyers market for Sewalls Point, and those who have dreamed of moving to Sewalls Point should consider taking advantage of this market while they can. A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to April of 2014, the inventory was 79 homes on the market, 11 pending sales and there were 6 closed sales. The pending inventory is looking much better for this year.

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May 2016 Market Report for Legacy Cove in Stuart Florida

05.11.16 by Gabe Sanders

May 2016 Market Report for Legacy Cove in Stuart Florida

There are currently 5 homes for sale in Legacy Cove in Stuart, FL. Listing prices range from $319,900 to $475,000 for an average listing price of $404,580 or a price per square foot of living area of $161.49.

There are three homes currently under contract awaiting settlement. The list prices range from $329,000 to $399,000 or $159.21 per sq. ft. of living area. These homes averaged 24 days on the market prior to going under contract.

In the past 12 months, 7 homes have sold in Legacy Cove with sales prices ranging from $260,000 to $482,000 for an average sales price of $337,357 or $148.27 per sq. ft. of living area. These sales averaged 95% of list price and went under contract in an average of 55 days after going on the market.

Legacy Cove in Stuart Florida is a gated lakeside community of 229 homes off of Cove Road in Stuart, Florida. Legacy Cove consists of two sections. The first section of 142 homes called the Cove Isle development was mostly completed between 2004 and 2005. The newer section, called the Cove Lakes development consists of 87 home sites with construction that began in 2007. Some homes are yet to be completed in Cove lakes.

There’s a wide variety of homes in Legacy Cove, ranging for the smallest, a 3 bedroom, 2 bathroom, 2 car garage with a little under 1,600 square feet of living area to 4, possible 5 bedroom, 3 and a 1/2 bathroom, 3 car garage two story homes with almost 4,000 square feet of living area. And many sizes in between.

Legacy Cove boasts a community pool and club house with a fitness center as well as two hard surfaced tennis courts. Many homes in Legacy Cove in Stuart Florida have serene lake views and a comfortable private feeling. Located just minutes from I-95, this is a great location for those wishing to take advantage of Martin County’s amenities while still having an easy commute to work either north or south.

Legacy Cove is in an ‘A’ Martin County school system with children currently attending Pinewood elementary school, Dr. David L Anderson middle school and Martin County high school.

The HOA fees are very reasonable at $688.00 per quarter. Management of the community is through Bristol Management of Stuart.

Residents of Legacy Cove in Stuart Florida enjoy a relaxing life style with easy access to restaurants, shopping and the many waterways, beaches and public parks that Martin County has to offer.

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May 2016 Market Report for Legacy Cove in Stuart Florida

Downtown Stuart Condo – Royal Oak Towers – For Lease

05.10.16 by Gabe Sanders

Downtown Stuart Condo – Royal Oak Towers – For Lease

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.

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Condo in Downtown Stuart Just Listed

May 2016 Market Report for Ocean House in Indian River Plantation

05.10.16 by Gabe Sanders

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.

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 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.

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.

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:

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.

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

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May 2016 Market Report for Ocean Bay Villas on Hutchinson Island

05.09.16 by Gabe Sanders

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.

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.

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

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

05.09.16 by Gabe Sanders

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.

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.

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.

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.

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

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.

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.

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Rocky Point Home on Bayshore Terrace – Sold

May 2016 Market Update for Island Dunes Condos on Hutchinson Island

05.08.16 by Gabe Sanders

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.

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.

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.

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Rocky Point Home on Bayshore Terrace – Sold

About Rocky Point

Rocky Point Home on Bayshore Terrace – Sold

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May 2016 Market Update for Island Dunes Condos on Hutchinson Island

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