River Pines Townhouse Stuart FL Price Reduced

River Pines Townhouse Stuart FL Price Reduced

6207 SE Riverboat Drive in River Pines, Stuart, FL  has a new price!  Now only $148,900 and this spacious and furnished townhouse could be yours.

River Pines townhouse in Stuart FL

Spacious Townhouse with private quiet location in River Pines. Only a short walk or bike ride to the Intracoastal with kayak storage and launch, or just fish from the dock. Boat ramps also nearby.

River Pines townhouse in Stuart FL River Pines townhouse in Stuart FL

 All ages welcome and 2 medium pets permitted. 2 reserved parking spots with additional guest parking. 2 Community pools, tennis courts and racquetball/handball courts. Exceptionally well run community with excellent financials. Residents have the option of joining the Miles Grant golf club (just across the street)

River Pines townhouse in Stuart FL River Pines townhouse 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.

River Pines townhouse in Stuart FL River Pines townhouse in Stuart FL

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.

River Pines townhouse in Stuart FL River Pines townhouse in Stuart FL

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

River Pines townhouse in Stuart FL River Pines townhouse in Stuart FL

As of October, 2015 HOA fees were $160 per month.

River Pines townhouse in Stuart FL

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River Pines Townhouse Stuart FL Price Reduced

September 2015 Monthly Market Detail Florida Townhouses and Condos

September 2015 Monthly Market Detail Florida Townhouses and Condos

The September 2015 Monthly Market Detail Florida Townhouses and Condos continues to show improved activity as compared to last year for most criteria, though not as robust as in earlier months. Closed sales were up by 8.4% as compared to last months increase of 4.1% and new sales under contract (new pending sales) decreased by 5.5% (In August there was a 0.4% decrease).

Both median and average sales prices continue to increase, with rises of (year to year) 5.1% and 2.9% respectively (in August they were up by 10.3% and 3.3%).  The rate of price increases appear to have slowed a bit for this past month.

The inventory decreased by 4.1% from September of last year.  For September 2015 we have 5.2 months of inventory (was 5.3 months in August) also was 5.8 from last September.  A continued sellers market for now, as a 6 months inventory supply is considered a balanced market.

September 2015 Monthly Market Detail Florida Townhouses and Condos

Click on the link below or the graphic to see the full market detail report from Florida Realtors: Click here to view or download the full report:
September 2015 Monthly Market Detail Florida 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.

September 2015 Monthly Market Detail Florida Townhouses and Condos

2015 Stuart Air Show

2015 Stuart Air Show

stuart air show 2015

This year’s Stuart Air Show promises to be the best ever with organizers predicting a record turnout. The show will begin Friday evening, October 30 with a night show and fireworks from 5pm to 10pm. And then on Saturday and Sunday (Oct. 31 and Nov. 1) from 9am to 5pm on both days.

Performances for this year’s air show include:

In addition to the performers there will be a variety of aircraft and some vehicles in static display available for touring and viewing. Amusement rides as well as the opportunity to participate in both aircraft and helicopter rides.

There will be a number of amusement rides as well as arcades available for visitors.

Also available will be a Kids Zone offering free crafts and activities to entertain the youngest air show visitors. And for those who dare, Camp Victory will be giving a free boot camp experience for children wanting to participate in some fun adventures.

And, no need to go hungry as food and beverage pavilions will also be available.

Tickets to the show are $25.00 but discount tickets are available through participating vendors. Veterans/Military personnel only $5.00; those under 5 years old: Free; and children from 6 to 12: $5.00

Please visit the Stuart Air Show web page for more information.

 

September 2015 Monthly Market Detail Florida Single Family Homes

September 2015 Monthly Market Detail Florida Single Family Homes

The September 2015 Monthly Market Detail Florida Single Family Homes continues to show improved activity from last year though the pace seems to have moderated a bit from recent months.  Closed sales were up by 13.4% (was up by 8.6% in August) and new sales under contract (new pending sales) were down by 1.0% (was up by 0.7% in August).

Both median and average sales prices continue to rise ( September 2014 to September 2015) by 11.1% and 8.6% respectively, compared to August’s 11.1% and 3.2%. Prices are continuing their upward trend and this seems to be the continuing trend for the foreseeable future.

The inventory of available homes for sale fell by 6.5% from last year.  Some high demand areas of Florida have seen decreasing inventory for a number of months now.  For September there was only a 4.4 months supply of inventory, this is a sellers market with the advantage for sellers. (September of 2014 had a 5.4 month supply)

August 2015 Monthly Market Detail Florida Single Family Homes

Click here to view or download the full report:

September 2015 Monthly Market Detail Florida 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.

September 2015 Monthly Market Detail Florida Single Family Homes

Open House in River Pines Stuart FL

Open House in River Pines Stuart FL

OPEN HOUSE, October 27, Tuesday 9:30 AM – 12:00 PM
6207 SE Riverboat Drive, Stuart, FL
Get Directions Click Here
Description Photos Maps & Local Schools Walk Score
$ Click for current price
2 BEDROOMS
3 BATHROOMS (2 full, 1 half)
1288 Square Feet
Spacious town home with private quiet location in River Pines. Only a short walk or bike ride to the Intracoastal with kayak storage and launch, or just fish from the dock. Boat ramps also nearby. All ages welcome and 2 medium pets permitted. 2 reserved parking spots with additional guest parking. 2 Community pools, tennis courts and racquetball/handball courts. Exceptionally well run community with excellent financials. Residents have the option of joining the Miles Grant golf club (just across the street).  This 2 Bedroom and 2 1/2 Bathroom town home is available fully furnished if desired and is ready for immediate occupancy.
River Pines
Emerald Lakes Homes for Sale
Rocky Point Homes for Sale
Island Village Homes for Sale
What is Your Home Worth?
Gabe Sanders
BlueWater Realty Services Inc.
772-323-6996
Gabe@GabeSanders.com

 

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Open House in River Pines Stuart FL

Indian River Point October 2015 Market Report

Indian River Point October 2015 Market Report

For late October 2015, there are two active listings in the Indian River Point (a.k.a. Newport Jensen) community of Jensen Beach on Hutchinson Island.  These two homes were listed for $255,000 and $299,900 for an average of $277,450 or $168.36 per sq. ft. of living area.

There aren’t any homes currently under contract.

In the past 12 months, 6 homes have sold.  Sales prices ranged from $245,000 to $361,000 or an average sales price of $301,000 which equaled $182.95 per sq. ft. of living area.  These homes took an average of 162 days on market to go under contract and sold for an average of 89% of list price.

Indian River Point in Jensen Beach

Situated on the shores of the wide Intracoastal at the east side of the Jensen Beach Causeway is the private community of Indian River Point (also known by its official designation as Newport Jensen). This non-gated community of 67 homes features community docks with a fishing station, tennis court, community pool and outdoor areas for barbecuing.

Indian River Point in Jensen Beach Indian River Point in Jensen Beach

Homes were constructed from 1976 to 2001 (with the majority of them built from 1976 to 1983), though some of the homes have been totally remodeled and appear brand new. Sizes range from 2 Bedroom, 2 Bathroom homes of 1,100 sq. ft. up to 4 Bedroom, 3 Bathroom homes of up to 2,370 sq. ft. of living area. Both one and two story homes are in this waterfront community. Some homes have a 1 car garage while others have assigned parking spaces near or in front of the residences.
As of this writing the home owners’ association fees are $300 a month and these include basic cable TV, landscape and lawn maintenance as well as the insurance and care of the common areas and facilities.

Indian River Point in Jensen Beach Indian River Point in Jensen Beach

Indian River Point is a wonderful and tight knit small community that is within walking distance to the beaches and only a short drive to quaint downtown Jensen Beach. Close to restaurants, shopping and in the ‘A’ rated Martin County School District. A wonderful winter getaway or full time Florida home.

Indian River Point in Jensen Beach

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The Charter Club at Martin Downs October 2015 Market Report

The Charter Club at Martin Downs October 2015 Market Report

There are currently 2 homes available to purchase in the Charter Club at Martin Downs.  The list prices are $219,000 and $239,000 which averages to $229,000 for a price per sq. ft. of living area of $142.37.

There are 4 homes under contract that have not yet sold.  List prices range from a low of $185,000 up to $239,500 with an average list price of $223,250 or $133.57 per sq. ft. of living area.  These homes went under contract in an average of 34 days.

These past 12 months saw 16 homes sold in the Charter Club.  Sales prices ranged from $154,900 up to $245,000 for an average sales price of $204,108 which equals $18.68 per sq. ft. of living area.  These homes were under contract in an average of 54 days and sold for an average of 94% of list price.

The Charter Club at Martin Downs

The Charter Club us a gated community of 203 homes on the south side of Martin Downs Blvd.  Developed in 1988 with the last home completed in 1995.  Very well located in the heart of Palm City and just a short distance to shopping, the Turnpike, numerous golf courses and rivers and only about 15 minutes to the beaches of the Atlantic Ocean or 10 minutes to historic downtown Stuart, FL.

The Charter Club at Martin Downs The Charter Club at Martin Downs

Home sizes range from 3 bedroom, 3 bathroom, 2 story homes with over 2,500 sq. ft. of living area down to 2 bedroom, 2 bathroom homes with just over 1,200 sq. ft.  All of the Charter Club homes have garages and most are two car, though a few of the smaller homes only have one car garages.

The Charter Club at Martin Downs The Charter Club at Martin Downs

There’s a community pool and hot tub for residents as well as to tennis courts.  There’s also a nice large pond (or small lake) which many homes have nice private water views.  The charter club allows up to 1 medium sized pet per home.  There are also vehicle restrictions for trucks and commercial vehicles that don’t fit into garages.

The Charter Club at Martin Downs The Charter Club at Martin Downs

The HOA fee is currently $228 per month and covers the common areas, landscaping and lawn service, basic cable tv, pest control and trash service.

The Charter Club at Martin Downs The Charter Club at Martin Downs

A wonderful and safe community neighborhood that’s close to ‘A’ rated schools.  The Charter Club at Martin Downs is a great place to call home.

Search here for Charter Club Homes for Sale

The Princess of Hutchinson Island October 2015 Market Report

The Princess of Hutchinson Island October 2015 Market Report

As of October 2015, there are 6 active listings in the Princess of Hutchinson Island. List prices range from a low of $229,900 to a high of $405,000 for an average list price of $327,150 and an average cost per sq. ft. of living area of $214.54.

There are 2 condos under contract that have not closed as of this writing.  List prices were $257,500 and $267,500 for an average list price of $262,500 or $195.02 per sq. ft. of living area.  These two condos were on the market for an average of 90 days before going under contract.

In the past 12 months, 7 condos have sold in the Princess.  Sales prices ranged from $212,000 up to $395,000 for an average sales price of $285,642 or $197.86 per sq. ft. of living area.  These condos were on the market for an average of 184 days before going under contract and sold for an average of 95% of the last list price.

The Princess of Hutchinson Island is one of the more elegant high rise condominiums on Hutchinson Island in Jensen Beach.  Located just North and East of Nettles Island and just 2 miles North of the Jensen Beach Causeway this 20 story condominium has both 3 bedroom, 2 bathroom condos and 2 bedroom, 2 bathroom condos with varying floor plans from 1,209 sq. ft. to spacious 1,716 sq. ft. units.

The Princess of Hutchinson Island The Princess of Hutchinson Island

The Princess was built in 1984 and has a heated pool, Jacuzzi, common area with a game room, kitchen and bar.  There’s tennis and bocce courts as well as trailer parking and a vehicle wash area.

The Princess of Hutchinson Island The Princess of Hutchinson Island

The maintenance fees which include use of all facilities as well as exterior maintenance and insurance run from just under $500 a month to $700 a month depending on the size of the condo.  The Princess of Hutchinson Island is one of the premier locations on the Island and is a much sought after building.

The Princess of Hutchinson Island

Search here for all available Princess of Hutchinson Island Condos for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
AdmiralAtlantisClaridgeDune WalkEmpressIsland Club –  Island CrestIsland DunesIslandiaMiramarMiramar RoyaleOcean DunesOceana NorthOceana OceanfrontOceana SouthOcean TowersOceanrise  – Ocean Bay VillasRegencySand Dollar ShoresSea WindsVilla del Sol

Another Royal Oak Towers Condo Just Listed

Another Royal Oak Towers Condo Just Listed

Another Royal Oak Towers Condo Just Listed in Downtown Stuart FL

This condo in the Royal Oak Towers of Stuart FL is now available for sale from the Gabe Sanders BlueWater realty team.  Offered for $117,500.

Another Royal Oak Towers Condo Just Listed in Downtown Stuart FL Another Royal Oak Towers Condo Just Listed in Downtown Stuart FL

A light and bright 2 bedroom, 2 bathroom condo in the beautiful downtown Stuart area. Open living room/dining room combo with pass through to kitchen. With new hurricane impact windows throughout the building.  Your screened patio overlooks the fountain in the courtyard. And lots of windows to give you great natural light. High ceilings. There is 1 covered parking space with easy access to elevator (Pickups and motorcycles allowed). Close to downtown Stuart, restaurants, shops and Lyric Theater and a short walk to the Hospital. Beaches, boating and fishing are also only minutes away. All ages are welcome and 1 large pet is allowed.  This is a very well maintained unit.

Another Royal Oak Towers Condo Just Listed in Downtown Stuart FL Another Royal Oak Towers Condo Just Listed in Downtown Stuart FL

Another Royal Oak Towers Condo Just Listed in Downtown Stuart FL Another Royal Oak Towers Condo Just Listed in Downtown Stuart FL

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More information about Stuart Florida Real Estate can be found on the Gabe Sanders BlueWater Realty team’s web site.

Another Royal Oak Towers Condo Just Listed

 

 

Hobe Sound FL 33455 Condo Market Report September 2015

Hobe Sound FL 33455 Condo Market Report September 2015

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for September 2015

 

For September 2014 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 2 active condo listings. (Unchanged from August)

Hobe Sound FL 33455 Condo Market Report September 2015

4 Condos are pending and awaiting close. (Down by 3 condos from August)

Hobe Sound FL 33455 Condo Market Report September 2015

2 Condos sold in August (Decreased by 1 condos from August)

Hobe Sound FL 33455 Condo Market Report September 2015

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  We remain with only 2 active listings in the Hobe Sound.  It’s pretty incredible that there is as much activity as there is.

The current absorption rate is 1 months (Last month it was .67 months).  This absorption rate should be taken with a liberal grain of salt, as small changes in activity make for very large changes on percentages that may not reflect a true trend in the market. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The September 2014 numbers were: 19 active listings, 1 pending sales and 2 closed sales.  Considering there are only 2 active listings this year 1/9th of what was available last year and we still have similar activity is pretty amazing.

Hobe Sound FL 33455 Condo Market Report September 2015

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Hobe Sound FL 33455 Condo Market Report September 2015

 

Royal Oak Towers Condo in Downtown Stuart Under Contract

Royal Oak Towers Condo in Downtown Stuart Under Contract

Royal Oak Towers condo unit A-3 in downtown Stuart FL is now under contract.  This condo was offered for sale for $115,900.  But, don’t worry, we have another one coming on the market tomorrow.

Royal Oak Towerss in Downtown Stuart FL

Light and bright unit in downtown Stuart area. Walk into Mexican tiles in an open living room/dining room combo with pass through to kitchen. New hurricane impact windows throughout. Screen patio overlooks fountain in courtyard .Both bedrooms have new laminate wood floors. Lots of windows to give  lots of natural light. High ceilings. There is 1 covered parking space with easy access to elevator. Close to downtown Stuart restaurants, shop and Lyric Theater. Beaches are only minutes away.  All ages welcome and one large pet is allowed.

Royal Oak Towerss in Downtown Stuart FL Royal Oak Towerss in Downtown Stuart FL

 Royal Oak Towerss in Downtown Stuart FL Royal Oak Towerss in Downtown Stuart FL

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Royal Oak Towers Condo in Downtown Stuart Under Contract

 

 

Hobe Sound FL 33455 Residential Market Report September 2015

Hobe Sound FL 33455 Residential Market Report September 2015

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for September 2015

  For September 2015 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 162 active listings. (Up by 13 homes from August)

Hobe Sound FL 33455 Residential Market Report September 2015

89 Residential sales are pending and awaiting close  (Up by 5 homes from August)

Hobe Sound FL 33455 Residential Market Report September 2015

32 Homes Sold in September (Down by 2 homes from last month)

Hobe Sound FL 33455 Residential Market Report September 2015

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County continues to show very strong activity.  It is good to see a small increase in inventory for September, though we still remain quite far below historical averages.  Both pending and closed sales remain quite strong as we head into our typically slower sales months.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 increased to 5.1 months (4.4 months in August).  Still a sellers’ market for Hobe Sound, though edging closer to a healthier balanced market.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for September 2014 were:  250 active listings, 74 pending sales and 25 closed sales. Considerably stronger activity this year even with a much reduced inventory.

Hobe Sound FL 33455 Residential Market Report September 2015

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Hobe Sound FL 33455 Residential Market Report September 2015

Yet Another East Port St Lucie Home Sold

Yet Another East Port St Lucie Home Sold

East Port St Lucie real estate

2289 SE Genoa Street in Port St Lucie has just been sold for $159,000 through the efforts of the Gabe Sanders BlueWater realty team.

East Port St Lucie real estate

Well maintained, high elevated corner property in the desirable East Port section of Port St Lucie. Close to those so called “big box” stores, fine restaurants, shopping centers and medical facilities. Just minutes from the beach with access to Jensen Beach by the fairly new Green River Parkway. This home features an open concept, volume ceiling, split floor plan. There’s a large utility room with Bosch washer & dryer. Also, a newer refrigerator and range in the kitchen. Great landscaping with a zoned sprinkler system that uses well water. Hurricane shutters included and this home comes with a transferable home warranty.

East Port St Lucie real estate

MLS-Search-small-e12889727557434

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Yet Another East Port St Lucie Home Sold

Jensen Beach FL 34957 Condo Market Report September 2015

Jensen Beach FL 34957 Condo Market Report September 2015

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for September 2015

 

For September 2015 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 22 active listings. (Decreased by 6 condos from August)

Jensen Beach FL 34957 Condo Market Report September 2015

12 Condo sales are pending and awaiting settlement. (Down by 1 condo from August)

Jensen Beach FL 34957 Condo Market Report September 2015

6 Condos Sold (Increased by 1 condos from August)

Jensen Beach FL 34957 Condo Market Report September 2015

 The Jensen Beach FL 34957 Condo Market Report September 2015 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic.  Activity remains remarkably strong in Jensen Beach condos even though the inventory is now very, very low.  As we head into the slower months (historically), I’m hoping to see some more product come on the market.

The one month absorption rate for the September 2015, Jensen Beach Florida Market Report ZIP Code 34957 dropped to 3.7  months (from 4.4 months in August), even a stronger sellers’ market than last month.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The September 2014 numbers were: 34 active listings, 8 pending sales and 10 condos closed.  Better closed numbers from last year, though pending sales are better this year.

Jensen Beach FL 34957 Condo Market Report September 2015

Jensen Beach Condominium Properties by Price

 

Jensen Beach Florida Real Estate presented by:
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Jensen Beach FL 34957 Condo Market Report September 2015

Open House Royal Oaks Tower Condo in Downtown Stuart

Open House Royal Oaks Tower Condo in Downtown Stuart

Fantastic downtown Stuart location in the Royal Oak Towers of Stuart FL will be held open by Beverly Bray of the Gabe Sanders BlueWater Realty Team on Tuesday October 20, from 10 a.m. till noon.  Refreshments will be provided.  This condo is offered for sale for $115,900.

Royal Oak Towers in Downtown Stuart FL

Light and bright unit in downtown Stuart area. Walk into Mexican tiles in an open living room/dining room combo with pass through to kitchen. New hurricane impact windows throughout. Screen patio overlooks fountain in courtyard .Both bedrooms have new laminate wood floors. Lots of windows to give  lots of natural light. High ceilings. There is 1 covered parking space with easy access to elevator. Close to downtown Stuart restaurants, shop and Lyric Theater. Beaches are only minutes away.  All ages welcome and one large pet is allowed.

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

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

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More information about Stuart Florida Real Estate can be found on the Gabe Sanders BlueWater Realty team’s web site.

Open House Royal Oaks Tower Condo in Downtown Stuart

 

 

Jensen Beach FL 34957 Residential Market Report September 2015

Jensen Beach FL 34957 Residential Market Report September 2015

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for September 2015

 For September 2015 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 119 active listings. (Up by 11 homes from last month)

Jensen Beach FL 34957 Residential Market Report September 2015

61 Residential sales are pending and awaiting close or lender approval. (Down by 16 homes from August)

Jensen Beach FL 34957 Residential Market Report September 2015

31 Homes Sold (Increased by 1 homes from August)

Jensen Beach FL 34957 Residential Market Report September 2015

The Jensen Beach FL 34957 Residential Market remains quite strong.  This is one of the few areas in our County with increased inventory from last year.  Pending sales were off from month to month as well as last year, but closed sales have remained very strong.  And, prices continue to go up.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 decreased slightly to 3.8 months (was 3.9 months in August).  Remaining in a strong sellers market for Jensen Beach residential home sales.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The September 2014 numbers were: 112 active listings, 74 pending sales and 39 home sales closed.   Better activity last year, but this is still a strong market favoring sellers.
Jensen Beach FL 34957 Residential Market Report September 2015

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Jensen Beach FL 34957 Residential Market Report September 2015

Coming Soon 1st Floor Cedar Pointe Condo

Coming Soon 1st Floor Cedar Pointe Condo

Coming soon in Cedar Pointe a 2 bedroom 2 bathroom condo in village 8 building 140 Suite 3 will be offered for sale by the Gabe Sanders BlueWater realty team for $79,000.
Cedar Pointe Village 8 Condo

First floor 2 bedroom and 2 bathroom condo in Cedar Pointe. Full width glassed/screened patio in rear leading out to a quiet garden area. Conveniently located next to the Village 8 heated pool and clubhouse and within minutes of beaches, golf, fishing, shopping, historic downtown Stuart, as well as many medical and professional services. This is an excellent opportunity for an affordable permanent home right in the heart of Stuart, or use it as your getaway from those cold northern winters.

Cedar Pointe Village 8 Condo Cedar Pointe Village 8 Condo

Cedar Pointe is an active adult community of 62, 2 story buildings divided into 8 villages with numerous clubhouses and pools as well as recreational areas.  One of the prime locations in the city of Stuart only minutes away from the pristine beaches of the Atlantic Ocean and close to shopping, restaurants and medical facilities.

Cedar Pointe Village 8 Condo Cedar Pointe Village 8 Condo

This 55+ community is the jewel of the Stuart area condominiums because of it’s location, reasonable condo fees from the high $200′s to the low $300′s per month depending on size and village (each village sets their own budget).  Cedar Pointe does not allow dogs.  One indoor cat is permitted in Villages 1 through 5.

Cedar Pointe Village 8 Condo Cedar Pointe Village 8 Condo

Condominium units consist of 1 bedroom 1 and 1/2 bathroom units and 2 bedroom, 2 bath units.  Each condo has one assigned parking spot along with numerous guests spots throughout the complex.  Laundry facilities are available in each building.

Cedar Pointe Village 8 Condo Cedar Pointe Village 8 Condo

Currently a very affordable complex for those looking for a full time Stuart, Florida home or just a winter getaway.

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Cedar Pointe Condos for Sale

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Coming Soon 1st Floor Cedar Pointe Condo

Palm City FL 34990 Condo Market Report September 2015

Palm City FL 34990 Condo Market Report September 2015

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for September 2015

 

For September 2015 in the 34990 Zip Code area of Palm City, Florida :



There are currently 52 active condo listings. (No change in active condos from August)

Palm City FL 34990 Condo Market Report September 2015

8 Condo sales are pending and awaiting close or lender approval. (No change in pending condos from last month)

Palm City FL 34990 Condo Market Report September 2015

3 Condos Sold in September. (Down by 1 condos from August)

Palm City FL 34990 Condo Market Report September 2015

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  Very little change month to month for the Palm City condo market.  One less sale and everything else remained unchanged.

The current absorption rate for condos in the 34990 zip code area jumped to 17.3 months (was 13 months in September).   Even greater buyer’s market than last month. A balanced market is considered to be an absorption rate of around 6 to 7 months, so this market continues as a strong buyers market.
The September 2014 numbers were: 60 active listings, 4 pending sales and 0 closed sales.   Better activity this year for condos in Palm City.
Palm City FL 34990 Condo Market Report September 2015

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Palm City FL 34990 Condo Market Report September 2015

Joes Point October 2015 Market Report

Joes Point October 2015 Market Report

As of October there is only one active listing in Joes Point.  It is listed at $1,870,000 or $525.58 per sq. ft. of living area.

One home is pending (under contract) which was listed for $969,900 or $315.11 per sq. ft. and was on the market for 50 days prior to going under contract.  This is a bank owned foreclosure.

In the past 12 months, one home has sold in this waterfront community.  The sales price was $1,195,000 which equals $381.55 per s. ft.  This home went under contract in 45 days and sold for 91% of the list price.

Joes Point on Hutchinson Island

One of the most unusual properties on Stuart’s Hutchinson Island is Joes Point.  Located on a private peninsula which juts to the north west into the mile wide Indian River (Intracoastal Water Way). Originally developed by Lloyd Dutcher in the early 1980’s this is a premier waterfront subdivision enjoying the many wonderful amenities of Hutchinson Island in Martin County.  Only minutes to the Saint Lucie inlet and the sparkling Atlantic Ocean by boat, with easy access to the Bahamas or through the Okeechobee water way through the heart of Florida to the Gulf of Mexico by boat.  This is a true boaters paradise.  Abundant fishing is just off the dock or go just a few minutes further for some deep sea fishing and adventure.

 Joes Point on Hutchinson Island

Joes Point has 56 home sites (3 are vacant lots at this writing) of which most are waterfront with private docks and sweeping water views of the Intracoastal Waterway (Indian River). There are 8 non-waterfront homes, though they have docks in the community marina which is just a short walk from these homes.  There is also a community RV/Boat storage area as well as a tennis court.  HOA fees as of late 2015 were under $245 per month and include central water and sewer service.

Joes Point on Hutchinson Island Joes Point on Hutchinson Island

Pets are welcome as well as having the ability to rent these homes.  This is a gated community offering a high level of privacy on the shores of the Indian River.  Beach access is across A-1-A in a private and HOA owned beach area.

Search here for any available Joes Point Homes for Sale

Palm City FL 34990 Residential Market Report September 2015

Palm City FL 34990 Residential Market Report September 2015

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for September 2015

 

For September 2015 in the 34990 Zip Code area of Palm City Florida :

 

There are currently 365 active listings (Increased by 10 homes from August)

Palm City FL 34990 Residential Market Report September 2015

 155 Residential sales are pending and awaiting close or lender approval. (Decreased by 1 homes from last month)

Palm City FL 34990 Residential Market Report September 2015

60 Homes Sold in August (Decreased by 14 sold homes from August)

Palm City FL 34990 Residential Market Report September 2015

After a very strong August, the Palm City FL 34990 residential real estate market continues to show excellent sales activity. Also nice to see an increase in inventory for this month. This could be a result of the continuing fairly strong gains in prices in the past two years.
 The current absorption rate increased slightly to to 6 months from 4.8 months in August.  Into a balanced 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 September 2014 numbers were:  433 active listings, 120 pending sales and 70 closed sales.  Better closed numbers last year, but even with the reduced inventory there is a greater number of pending sales for this year.

Palm City FL 34990 Residential Market Report September 2015

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Palm City Florida Real Estate presented by:
the Gabe Sanders real estate team

 

Palm City FL 34990 Residential Market Report September 2015