Spacious Townhouse for Rent in Palm Cove

This Palm Cove Golf and Yacht Club Townhouse is available for rent in this prestigious Palm City, Florida Golf and Yachting community. Offered annually unfurnished for $2,400 per month.

A wonderful Palm City townhouse featuring 3 spacious bedrooms (with two master suites: one up and one down) with water views. A large loft area than could easily be used as a 4th bedroom and office. The kitchen features granite counters, breakfast bar and spacious pantry. An impressive second floor master suite with balcony has sweeping views of the river and preserve areas. This spacious home has soaring ceilings in the living area. The Palm Cove Golf and Yacht Club is a non-equity golf course community with deep water ocean access docks available for sale. There’s also a large club house with pool and exercise facilities. This home will be available for annual lease beginning August 15, 2014.

The Palm Cove Golf and Yacht Club in Palm City Florida includes 206 residences, ranging from spacious condos with garages to townhouses, fairway homes to multimillion dollar waterfront homes on the shores of the north fork of the wide Saint Lucie River.

This magnificent community boasts a championship Chi Chi Rodrigues designed golf course. Memberships are available to both residents and non-residents and membership is not mandatory. In addition to golf, boaters enjoy a 93 slip deep water marina with docks available for over 50’ vessels.

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Spacious Townhouse for Rent in Palm Cove

Sandpebble Condo For Lease

05.11.14 by Gabe Sanders

Sandpebble Condo For Lease

4490 NE Sandpebble Trace, Suite 8-301 on Hutchinson Island FL is available for lease annually for $1,600 a month. This Sandpebble condo is located on the river side of the Sandpebble Condo complex on South Hutchinson Island in Stuart, FL.

Gorgeous views from this 3rd floor end unit condo in Sandpebble, overlooking the pool, docks, plus, with mile wide river views. An immaculate 2 BR, 2 BA condo that has been well maintained. Upgrades include corian counter-tops in kitchen, large dual sink, stove and microwave. Plantation shutters in the dining area, carpets that are 3 years new. Both bathrooms updated, new vanities, new shower stall with designer details. Custom built storage in living area. Accordion shutters for easy access and security.

On the beautiful and unspoiled portion of South Hutchinson Island lies one of the best kept secrets in Martin County. Located on a pristine 37 acres that reaches from the Atlantic Ocean to the Indian River (Intracoastal Waterway).

Sandpebble Condos consist of 3 Ocean Front Buildings and 7 River Front buildings. A total of 5 heated pools (3 river side and 2 ocean side), along with deep water docks for 66 vessels. Docks are available to residents only on a first come first served basis and are available for lease at a very reasonable $1.50 per foot per month.

On the spacious grounds there is plenty of green space for outdoor activities, two hard court tennis courts and a fully equipped club house with kitchen and on-site management. Both Oceanside and riverside sections are gated for secured entry only. Residents have the use of both the river and Oceanside sections regardless of the location of their own units.

Construction of the Sandpebble complex began in 1982 and just recently all buildings were completely refurbished with metal roofs, Hardi-Plank replacement for exterior wood surfaces, complete concrete (re-bar) restoration, the installation of a bulkhead protecting and enhancing the river-side property and structures, updated landscaping and the painting of all the buildings.

For additional information and availability of Sandpebble Condominiums and other attractive Oceanfront Homes, Condos or Vacant Land, contact Gabe Sanders.

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Sandpebble Condo For Lease

Stuart Florida Homes for Sale and Sold Report 34997 ZIP Code April 2014

05.10.14 by Gabe Sanders

Stuart Florida Homes for Sale and Sold Report 34997 ZIP code April 2014

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for April 2014

There are currently 404 active listings (Decreased by 12 home from March).

190 Residential sales are pending and awaiting close or lender approval (A decrease of 2 homes from March).

61 Homes Sold in April (Decreased by 17 homes from March)

After a very strong March, the Stuart Florida Market for ZIP Code 34997 showed some easing with a large decrease in closed sales and a smaller decrease in pending sales. The inventory also declined, now two months in a row. While activity slowed, the fact is that this is still a balanced and healthy market and in very good shape.

The current one month absorption rate rose to 6.6 months (was 5.3 months for March). Back into a balanced market for the 34997 zip code area of Stuart, FL. Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.

The 2013 numbers for April, were: 325 active listings, 219 pending listings and 82 closed sales. Considerably better activity last year, as rising prices and interest rates has cooled the market from last years very heated activity.

Stuart Florida Homes for Sale and Sold Report 34997 ZIP Code April 2014

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Stuart Florida Homes for Sale and Sold Report 34997 zip code April 2014

Sewalls Point Homes for Sale and Sold Report April 2014

05.09.14 by Gabe Sanders

Sewalls Point Homes for Sale and Sold Report April 2014

Sewalls Point Real Estate Snapshot, Residential Sales for April 2014

There are currently 58 active listings (an decrease of 3 home for sale from March)

13 Residential sales are pending and awaiting close or lender approval (Down by 4 homes from last month)

5 Homes sold in March (Up by 1 homes from March)

The Sewalls Point market activity for April 2014 continues to show some slow movement. Closed sales were up by 1 home from last month, but unfortunately pending sales (a sign of future activity) were off. The inventory also decreased fro April.

The absorption rate is currently 11.6 months compared to last months 15.3 months, a nice improvement, but still plenty of room for improvement. It’s been a strong buyers market for Sewalls Point in the past 3 months now, as activity for this community has slowed this year. 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 2013, the inventory was 61 homes on the market, 17 pending sales and there were 4 closed sales. Basically very similar to last spring’s activity.

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May 2014 Market Report for River Pines in Stuart FL

05.08.14 by Gabe Sanders

May 2014 Market Report for River Pines in Stuart FL

As of may 2014, there are 11 active listings for River Pines townhomes for sale in Stuart, FL. Prices range from $89,900 to $134,900 which equals an average price of $84.25 per sq. ft. of living area. There is one short sale and one bank owned foreclosure in these 11 homes.

There are 5 homes under contract awaiting sale. List prices are from $94,900 to $109,900 for an average of $82.22 per sq. ft. of living area. 3 of these townhomes are bank owned (foreclosures).

In the past 12 months, 21 homes have sold in River Pines with sales prices ranging from $80,000 to $129,000 at an average of $72.34 per sq. ft. of living area. Of these sales, 2 were short sales and 2 were bank owned (foreclosures).

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 2014 Market Report for River Pines in Stuart FL

May 2014 Market Report for Legacy Cove in Stuart Florida

05.07.14 by Gabe Sanders

May 2014 Market Report for Legacy Cove in Stuart Florida

There are currently only 7 homes for sale (including new construction from D.R. Horton) in Legacy Cove in Stuart, FL. Listing prices range from $265,000 to $459,000 for an average price per square foot of living area of $156.86.

There are 3 homes under contract awaiting settlement priced from $349,900 to $352,900 for an average of $142.93 per sq. ft. of living area.

In the past 12 months, 10 homes have sold with sales prices ranging from $240,000 to $405,729 at an average of $139.70 per sq. ft. of living area.

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 2014 Market Report for Legacy Cove in Stuart Florida

May 2014 Market Update for Island Dunes Condos on Hutchinson Island

05.06.14 by Gabe Sanders

May 2014 Market Update for Island Dunes Condos on Hutchinson Island

May 2014 Market Update for Island Dunes Condos on Hutchinson Island in Jensen Beach, FL

There are currently 27 active listings on the market at prices ranging from $145,000 to$619,000 for an average of $234.06 per square ft. of living area.

There are 12 condos under contract awaiting closing listed from $150,000 to 575,000 at an average cost per square ft. of living area of $206.67

In the past 12 months, 47 condos have sold ranging in sales prices from $150,000 to $665,000 with an average price per square foot of $207.77

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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May 2014 Market Update for Island Dunes Condos on Hutchinson Island

May 2014 Market Report for Ocean Bay Villas on Hutchinson Island

05.05.14 by Gabe Sanders

May 2014 Market Report for Ocean Bay Villas on Hutchinson Island

As of May 5, 2014 there are 4 available homes in the Ocean Bay Villas community on Hutchinson Island, FL. List prices are from $369,000 to $595,000, for an average of $195.89 per sq. ft. of living area.

There are no current pending sales.

There have been 5 closed sales in the past 12 months. Sales prices ranged from $245,000 to $530,000. Sales prices averaged out at $153.33 per sq. ft. of living area. One of these sales was a short sale. The other four were non-distressed sales.

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 2014 Market Report for Ocean Bay Villas on Hutchinson Island

May 2014 Market Update for Ocean House in Indian River Plantation

05.04.14 by Gabe Sanders

May 2014 Market Update for Ocean House in Indian River Plantation

May 2014 Market Update for Ocean House Condos in Indian River Plantation, Hutchinson Island in Stuart, FL

Currently 1 active listing on the market with a list price of $499,000 which equates to $373.10 per square ft. of living area.

Currently, no units in Ocean House are pending (under contract).

In the past 12 months, 4 condos have sold ranging in sales prices from $460,000 to $790,000 with an average price per square foot of $433.70

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.

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. 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 2014 Market Update for Ocean House in Indian River Plantation

Hutchinson Island Condos For Sale

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Hutchinson Island Maritimes Townhome Price Reduced

05.04.14 by Gabe Sanders

Hutchinson Island Maritimes Townhome Price Reduced

Hutchinson Island Maritimes Townhome Price Reduced. Available for $380,000 for the discriminating buyer that needs both living space and a garage with both Intracoastal and Ocean access. For directions and additional information please call 772-323-6996.

Enjoy your very own spacious Hutchinson Island townhome with beautiful views of the Indian River in a rare three bedroom, two and ½ bathroom home with a one car garage. This spacious home has a generous open plan with room to roam. Large master suite with private balcony overlooking one of the two heated community pools and Intracoastal Waterway.

Tiled throughout with impact glass windows, updated kitchen and washer and dryer in unit. The Maritimes is a pet friendly ocean to river community allowing for up to two large dogs. There are ocean access docks that may be available for purchase or lease. Beach access as well as tennis also included. A wonderfully tranquil setting that’s close to both downtown Stuart and Jensen Beach.

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Hutchinson Island Maritimes Townhome Price Reduced

Four Winds on the River Condo Sold

05.03.14 by Gabe Sanders

Four Winds on the River Condo Sold

Another waterfront condo has been sold, thanks to the BlueWater realty team. Unit 301 in Four Winds on the River in Stuart FL.

A beautifully updated 3rd floor condo in one of the premier locations in Stuart. Features include: tile, crown molding, updated kitchen with white raised panel cabinets, replaced A/C system (2007) and PGT impact sliders (2010) in main sun-room. Community amenities include: two guest suites, a riverfront clubhouse, pool, tennis, gated entrance, secured lobby and community docks that will accommodate up to a 50 foot boat.

Four Winds on the River is a unique boutique condo community with only 39 residences. 38 two bedroom units ranging in size from 1955 sq. ft. of living area to 1,350 sq. ft. And a one bedroom condo with 1,045 sq. ft. of living area. Built in 1981, and has seen numerous updates and upgrades through the years.

Four Winds on the River shares their clubhouse, tennis courts and heated pool with the adjacent Snug Harbor West. An upscale community of single family Key West style homes.

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Sewalls Landing Pool Home Sold in 27 Days

05.02.14 by Gabe Sanders

Sewalls Landing Pool Home Sold in 27 Days

View the Property Details, More Photos, Map & School information here at the updated Single Property Website!

Beautiful home in the desirable gated community of Sewalls Landing. Open floor plan, breakfast bar, eat-in kitchen with granite counters, stainless steel appliances, kitchen pass-thru to the pool area, master bath has garden tub & separate shower vaulted ceilings, lots of natural light, large screened patio, large yard is heavily landscaped. Furniture can be purchased separately. Close to the Intracoastal waterway, beaches as well as both downtown Stuart and Jensen Beach. Great school district as well!

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Licensed In: FL
License #: 3090099

1435 NE High Hammock Court
Jensen Beach, FL 34957
Bedrooms:3
Bathrooms: 2 full, 1 half
List Price: $ 450,000
Living Area Approx: 2009

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March 2014 Monthly Market Detail St Lucie County Townhouses and Condos

05.01.14 by Gabe Sanders

March 2014 Monthly Market Detail St Lucie County Townhouses and Condos

The March 2014 Monthly Market Detail St Lucie County Townhouses and Condos as reported by Florida Realtors showed a continuing trend of disappointing results for volume of sales after a good start to the year in January. Year to year closed sales were down by 21.3% (was down by 8.2% in February) while new sales under contract (new pending sales) decreased by 9.9% (was down by 28.2% in February). The decrease in pending sales is much less than last month which is at least a small positive. Much of this decrease can be attributed to a decrease in inventory from last year as well as the rapidly increasing prices.

The median sales price up by 21.1% (up 15% in February) and the average sales price increased by 7.4% (was up by 14.4% in February).

The inventory of available townhouses and condos decreased by 6 units from last month to 895 units which is still down by 13.1% from last March. Current supply of inventory remained inched up from last month to 9.6 months (a 0.3% increase from last year). This is a buyers market at present and will most likely continue until inventory increases and price rises moderate to a more sustainable rate.

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March 2014 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 2014 Monthly Market Detail St Lucie County Townhouses and Condos

March 2014 Monthly Market Detail St Lucie County Single Family Homes

04.30.14 by Gabe Sanders

March 2014 Monthly Market Detail St Lucie County Single Family Homes

March 2014 Monthly Market Detail St Lucie County Single Family Homes as reported by Florida Realtors showed continued strong market activity in both volume and rising prices. Closed sales from last year were up by 9.9% (in February they were up by 14.1%) and new sales under contract (new pending sales) decreased by 8.8% (they were down by 14.8% last month).

Both median and average sales prices were up again (year to year) by 15.7% and 12.1% respectively from last March (For last month these figures were 10.9% and 13%).

The inventory of active listings decreased in March (from last month) by 93 homes to 2,269, which is an increase of 27.4% from last year. Current supply of inventory is only 5.1 months (a 21.3% increase from last year). Still a strong sellers market for the Saint Lucie County single family home market. While not as red hot as last year, it is still very positive and could still slow down some to become a balanced market.

Click here to view or download the full report: March 2014 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 2014 Monthly Market Detail St Lucie County Single Family Homes

Just Listed: 1955 SW Kanner Highway Stuart FL

04.30.14 by Gabe Sanders

1955 SW Kanner Highway Stuart FL
Stuart Home For Sale on 4 Acres

View the Property Details, More Photos, Map & School information here at the updated Single Property Website!

Fabulous opportunity for a home sitting on 3.95 pristine acres yet still only a few minutes to downtown and the beaches. This 1935 home needs updating and well suited for either the hobbyist or handyman. A 4 bedroom, 2 bathroom home with a large eat in kitchen and recently added hardiboard siding as well as a detached 3 car garage with workshop area is waiting for a new owner. There’s also a 5 stall barn with a tack room. Perfect opportunity for someone needing some space for vehicles, animals as well as room for all the toys without any homeowners association restrictions. The land is high and dry and mostly cleared. Easy access to I-95, Pratt and Whitney and Palm city Farms. Owner financing is available.

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License #: 3090099

1955 SW Kanner Hwy.
Stuart, FL 34997
Bedrooms:4
Bathrooms: 2 full
List Price: $ 265,000
Living Area Approx: 1848

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March 2014 Monthly Market Detail Martin County Townhouses and Condos

04.29.14 by Gabe Sanders

March 2014 Monthly Market Detail Martin County Townhouses and Condos

March 2014 Monthly Market Detail Martin County Townhouses and Condos report showed continued disappointing results as to both last year and the past few months. Year to year closed sales were down by 29.9% (was down by 1% in February) while new sales under contract (new pending sales) decreased by 9% (was down 27% in February).

The median sales price increased by 7.4% (was up by 17.6% in February) while the average sales price decreased by 11% (was up 20.6% in February) as compared to March of 2013. As the price increases moderate, I would expect to see some increased volume of closed and pending sales for the future.

The inventory of available townhouses and condos has decreased by 39 to 596 units from last month which is 13.2% less inventory than was available in March of 2013. With values going up as much as they have, I would have expected higher inventory levels. The current supply of inventory is 6.2 months (a 16.5% decrease from last year). Though down in volume from last year, this is still a balanced market that favors neither the buyer nor the seller.

Click here to view or download the full report: March 2014 Monthly Market Detail Martin 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 2014 Monthly Market Detail Martin County Townhouses and Condos

March 2014 Monthly Market Detail Martin County Single Family Homes

04.28.14 by Gabe Sanders

March 2014 Monthly Market Detail Martin County Single Family Homes

The March 2014 Monthly Market Detail Martin County Single Family Homes is showing some slower growth and even retracting in some areas (much like many other areas in FL this month). Year to year closed sales were off by 14.7% (was up 10.8% in February). New pending sales increased by 17.5% as compared to March of 2013 (decreased by 30.4% in February). An increase in the pending sales indicates a good possibility of better closed activity for the near future

The median sales price was up by 4% from last year (up by 5.7% in February) while the average price dropped by 25.1% (was down by 18.3% last month). This is a dramatic indication of the continued activity for the lower price ranges and a slower sales volume in the higher end luxury market.

The inventory of available single family homes increased from February 2014 by 61 homes to 1,429 units this month, representing a 12.2% increase from last March. Current supply of inventory rose to 7.5 months (a 2.9% decrease from last year). Hovering just outside of a balanced market for now with a slight advantage for buyers.

Click here to view or download the full report: March 2014 Monthly Market Detail Martin 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 2014 Monthly Market Detail Martin County Single Family Homes

Hutchinson Island Stuart Ocean Front Condo Price Reduced

04.28.14 by Gabe Sanders

Hutchinson Island, Stuart, Ocean Front Condo Price, Reduced

The new price for this oceanfront condo is now $196,000!

Great opportunity for this Suntide Condo on Hutchinson Island in Stuart. Fully furnished with an updated kitchen, ocean front condo in Martin County’s prime Hutchinson Island location and building. Spacious 2 bedroom split plan with everything one needs for a full-time home or that special Florida tropical retreat. Suntide includes private beach access, heated pool, tennis courts, shuffleboard, wash area, newly renovated clubhouse with billiards, card table, fully equipped kitchen, bar, library and entertaining area as well as a profession fitness center. Under building secured parking. This well-appointed condo is ready for immediate occupancy.

Suntide is the first condo complexes north of the Stuart Causeway on Hutchinson Island in Martin County. Constructed originally in 1972, it retains much of the original and unique architecture of the times, yet boasts terrific amenities and at a much more reasonable price than much of the competition. Please call and ask about Suntide.

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Hutchinson Island Stuart Ocean Front Condo Price Reduced

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March 2014 Monthly Market Detail Florida Townhouses and Condos

04.27.14 by Gabe Sanders

March 2014 Monthly Market Detail Florida Townhouses and Condos

For the March 2014 Monthly Market Detail Florida Townhouses and Condos for the state of Florida continues to struggle in volume as the prices have soared. It appears that the prices have risen much to fast for consumer demand to keep up. Year to year closed sales were down by 5.2% as compared to last months decrease of 6.8% and new sales under contract (new pending sales) decreased by 6.2% (February’s decrease was 14.5%).

Both median and average sales prices were up (year to year) by 16.7% and 16.1% respectively (in February it was 15.2% and 13.9%). These strong price appreciations is what I suspect is the cause of the decrease in market activity for condos and townhouses in Florida for March.

Inventory rose for the fifth month in a row, by 7%. The rising inventory should produce some pressure to moderate the price increases. This should help regain the momentum of sales. The 6 month supply of inventory is a good sign that we are in a balanced market.

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: March 2014 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.

March 2014 Monthly Market Detail Florida Townhouses and Condos

694 NE Wax Myrtle Way in Holly Creek is Pending

04.27.14 by Gabe Sanders

694 NE Wax Myrtle Way in Holly Creek is Pending

Two story townhome with glorious lake views and remodeled Master bath, plantation shutters in Master bedroom, laundry shoot, roll-down shutters, 1 car garage, screened porch, under stairs storage. Hot water heater 2009 & new range. Under contract and awaiting settlement.

Holly Creek is one of the hidden jewels in Martin County and Jensen Beach. Holly Creek is a small and affordable subdivision located off of Jensen Beach Blvd. Just 2 miles from the Indian River (Intracoastal Waterway) and across the Jensen Beach Causeway to access the pristine waters and beaches of the Atlantic Ocean.

Only two miles to the Treasure Coast Mall and surrounding areas for shopping, and just a short bike ride from schools, restaurants, parks and downtown Jensen Beach; Holly Creek is one of the best locations on the Treasure Coast Low fees include professional landscaping.A large heated pool and two professional tennis courts adjoin the spacious clubhouse that has party and banquet facilities available for residents to use.

Numerous small lakes and lush landscaping make Holly Creek a desirable place to call home or a possible vacation retreat from those cold northern winters.

Holly Creek features 2 bedroom townhomes, 3 bedroom villas, 3 bedroom chalet homes all with a single car garage and additional parking. There are also a limited number of estate homes in the rear of Holly Creek which have 2 car garages, larger floor plans and individual designs.

Search for Holly Creek Homes and Town Homes for Sale

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March 2014 Monthly Market Detail Florida Townhouses and Condos

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694 NE Wax Myrtle Way in Holly Creek is Pending

694 NE Wax Myrtle Way in Holly Creek is Pending

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