Jensen Beach Florida Market Report ZIP Code 34957 Residential August 2013

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for August 2013

For August 2013in the 34957 Zip Code area of Jensen Beach, Florida :

There are currently 122 active listings. (A decrease of 3 homes from last month)

71 Residential sales are pending and awaiting close or lender approval. (Down 1 home from July)

25 Homes Sold (Increased by 1 home from July)

The Jensen Beach residential real estate market, zip code 34957 eased a bit in July, and remained fairly static for August, after an exceptionally good Spring and early Summer. Both pending and closed sales changed by only 1 while the inventory declined by 3 homes.

The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 decreased to 4.8 months (5.1 months in July). We remain in a fairly strong seller’s market. A 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.

The August 2012 numbers were: 128 active listings, 83 pending sales and 26 home sales closed. Year to year, the market for Jensen Beach single family homes remains steady and active.

Please use the charts below as reference only as they rely on all residential types of property in the 34957 real estate market:

Jensen Beach Florida Market Report ZIP Code 34957 Residential August 2013

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Jensen Beach Florida Market Report ZIP Code 34957 Residential August 2013

Jensen Beach Florida Market Report ZIP Code 34957 Condo August 2013

09.24.13 by Gabe Sanders

Jensen Beach Florida Market Report ZIP Code 34957 Condo August 2013

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for August 2013

For August 2013 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 30 active listings. ( Decreased by 1 condo from July)

17 Condo sales are pending and awaiting close or lender approval. (Down by 2 condos from July)

12 Condos Sold (An increase of 3 condos from July)

The Jensen Beach Condo market (zip code 34957) is a fairly small segment of the Martin County condo market. Current inventory is at an all time low as compared to the past 10 years. The inventory went down again, though only by 1 unit and pending sales were off by 2, but still very strong as compared to the available inventory. Closed sales were up by 3 condos.

The one month absorption rate for the August 2013, Jensen Beach Florida Market Report ZIP Code 34957 dropped to 2.5 months (3.4 months in July), signifying a continuing strong sellers market. A balanced market is considered to be a 6 month absorption rate favoring neither the buyer or seller.

The August 2012 numbers were: 50 active listings, 27 pending sales and 4 condos closed. Even with considerably less available condos, 3013 activity continues to outperform 2012. This is an excellent time to sell a condo in the Jensen Beach area of Martin County.

Please use the charts below as reference only as they rely on all residential types of property in the 34957 real estate market:

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Jensen Beach Florida Market Report ZIP Code 34957 Condo August 2013

Palm City Florida Market Report ZIP Code 34990 Condo August 2013

09.23.13 by Gabe Sanders

Palm City Florida Market Report ZIP Code 34990 Condo August 2013

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for August 2013

For August 2013 in the 34990 Zip Code area of Palm City, Florida :

There are currently 53 active condo listings. (Down by 1 condo from July)

10 Condo sales are pending and awaiting close or lender approval. (Increased by 1 condo from last month)

0 Condos Sold in August. (Down 6 condos from July)

The 34990 zip code area of Palm City condo market is a fairly small section of this area as most property in Palm City is either single family homes or town homes. Thus making meaningful market comparisons somewhat difficult as small changes can have a great effect on the percentages and results. There were no sales in August for condos, while the inventory and pending sales moved only by one condo each.

The current absorption rate for condos in the 34990 zip code area is not available with zero sales. A balanced market is considered to be an absorption rate of around 6 months.

The August 2012 numbers were: 63 active listings, 6 pending sales and 4 closed sales. The higher pending numbers this year should indicate some sales in the near future.

Please use the charts below as reference only as they rely on all residential types of property in the 34997 real estate market:

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Palm City Florida Market Report ZIP Code 34990 Condo August 2013

Palm City Florida Market Report ZIP Code 34990 Residential August 2013

09.23.13 by Gabe Sanders

Palm City Florida Market Report ZIP Code 34990 Residential August 2013

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for August 2013

For August 2013 in the 34990 Zip Code area of Palm City Florida :

There are currently 352 active listings (A decrease of 8 homes from July)

141 Residential sales are pending and awaiting close or lender approval. (A decrease of 12 homes from last month)

77 Homes Sold in August (Increased by 7 homes from July)

A little bit of easing for the market activity in the Palm City, zip code 34990, area of Martin County Florida. The inventory continues to decline and pending sales were off for the second month in a row. The only bright note was the increased number of closed sales.

The current absorption rate dropped to 4.6 months from 5.5 months in July. An indication of a strong sellers market for now. A 6 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers. With lower inventory and reduced pending sales, I’m expecting an easing of the absorption rate in the coming months.

The August 2012 numbers were: 400 active listings, 161 pending sales and 68 closed sales. Other than the pending sales numbers, we’re doing considerably better than last year in the Palm City single family market.

Please use the charts below as reference only as they rely on all residential types of property in the 34990 real estate market:

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Palm City Florida Market Report ZIP Code 34990 Residential August 2013

Stuart Florida Market Report ZIP Code 34997 Condo August 2013

09.22.13 by Gabe Sanders

Stuart Florida Market Report ZIP Code 34997 Condo August 2013

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for August 2013

For August 2013 in the 34997 Zip Code area of Stuart, Florida :

There are currently 81 active condo listings (An increase of 1 condo form July).

22 Condo sales are pending and awaiting close or lender approval (Down by 9 condos from July).

11 Condos Sold in August (A decrease of 1 condo from July).

The activity for the Stuart condo market for the area in ZIP code 34997 remained slow for the summer season. A marginal increase in inventory, but a significant drop in pending sales and a small drop in closed sales. The lower pending sales numbers may indicate lower closed sales coming in the near future.

The one month absorption rate rose to 7.3 months. Back into a slight buyers market after months of a sellers market.. A 6 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.

The August 2012 numbers were: 98 active listings, 24 pending sales and 13 closed sales. Very similar activity to last year.

Please use the charts below as reference only as they rely on all residential types of property in the 34997 real estate market:

Palm City Florida Market Report ZIP Code 34990 Condo July 2013

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Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for August 2013

Palm Cove Golf and Yacht Club Open House September 22

09.21.13 by Gabe Sanders

Palm Cove Golf and Yacht Club Open House September 22

Come and join us in this Palm Cove Golf and Yacht Club custom pool home in this prestigious Palm City, Florida Golf and Yachting community. The open house will be on Sunday, September 22 from 1 to 4 PM.

This Palm Cove Golf and Yacht Club Custom Home at 209 SW Hatteras Court is listed for $555,000. Ask about our special offer valid during this open house. Available only during the open house for those that attend.

Spacious Home in Palm Cove with over 3600 sq. ft. of living area.

Live the good life in Palm Cove. Community marina, non-equity golf & river front clubhouse. Outstanding custom home built by McNamara, updated by current owner. Innovative design & attention to detail will captivate you. Large entry hall, formal dining room, wood paneled office/4th bdrm, bath. Open living room w/ wet bar, fireplace, hardwood floors, tray ceiling, recessed lights. French doors to screened pool. covered lanai. Gourmet kitchen w/ stainless appliances, marble counters, pantry, center island. Two guest suites with baths. Over sized master includes large sitting area, tray ceiling, two walk in closets. Elegant marble master bath, double vanities. New roof, gutters, AC. Come and see this very special Palm Cove Golf and Yacht Club home.

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Palm Cove Golf and Yacht Club Open House September 22

River Landing September 2013 Market Update Palm City FL

09.19.13 by Gabe Sanders

River Landing September 2013 Market Update Palm City FL

As of September 2013, there are 3 active homes for sale in River Landing. List prices vary from $329,000 to $349,000 with an average of $133.75 per square foot of living area.

There is one home under contract and awaiting settlement. The listing price is $389,900 which equates to $140.20 per sq. ft. of living area.

In the past 12 months, 10 homes have sold in Landing Creek. Sales prices ranged from $214,900 to $350,000 for an average of $108.52 per sq. ft. and a 95% list to sales ratio. These sales included one foreclosure (bank ownerd) home and one short sale.

Entrance to River Landing in Palm City Florida

One of the little known gems of the Treasure Coast, River Landing is home to 96 custom built homes on the shores of the South Fork of the Saint Lucie River. There is currently one vacant lot left in River Landing. Homes in River landing were first built in 1986 and as of this writing the last one was built in 2007. Both one and two story homes on generous sized lots of approximately 1/3 of an acre and some with larger lots. Home sizes range from 3 bedroom homes with under 2,000 sq. ft. of living area up to 5 BR with almost 4,500 sq. ft. of air conditioned space. Low HOA fees of $400 per quarter include basic cable TV services, trash pickup, security gate and maintenance and upkeep of the common areas.

This one of a kind gated community offers child and pet friendly quiet streets and has an ocean access boat ramp as well as RV/Trailer/Boat storage facility, tennis courts and playground.

Homes are surrounded by wetland preserves, lakes and forested areas.

River Landing in palm City Florida Playground

Living in River Landing is like being on vacation year round with its quick access to the St. Lucie River for a great day of fishing on your boat. The homes in River Landing are mostly new with some older updated homes, and mostly spacious with ample space to give you the privacy you want. Palm City is a wonderful town to live in because of its closeness to I-95 and Florida’s Turnpike as well as its “A” rated school system, entertainment and fantastic local restaurants!

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River Landing Homes for Sale in Palm City Florida

River Landing September 2013 Market Update Palm City FL

Stuart Florida Market Report ZIP Code 34997 Residential August 2013

09.18.13 by Gabe Sanders

Stuart Florida Market Report ZIP Code 34997 Residential August 2013

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for August 2013

There are currently 347 active listings (Increased by 13 homes from July).

167 Residential sales are pending and awaiting close or lender approval (An increase of 1 home from July).

58 Homes Sold in August (Down 4 homes from July)

The Stuart Florida Market Report ZIP Code 34997 remained steady from last month, though not as active as the spring market. The inventory rose in this area, unlike most other areas of Martin County. Sales steady and pending sales were up marginally.

The current one month absorption rate rose to 6 months which still indicates a balanced market ( up from last months 5.3 month absorption rate). Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 month absorption rate.

The 2012 numbers were: 332 active listings, 195 pending listings and 82 closed sales. For the 34997 area code of Stuart, the 2012 real estate market was actually more active than August of 2013.

Please use the charts below as reference only as they rely on all residential types of property in the 34997 real estate market:

Stuart Florida Market Report ZIP Code 34997 Residential August 2013

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Stuart Florida Market Report ZIP Code 34997 Residential August 2013

Stuart Florida Market Report ZIP Code 34996 Condo August 2013

09.17.13 by Gabe Sanders

Stuart Florida Market Report ZIP Code 34996 Condo August 2013

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for August 2013

For August 2013 in the 34996 Zip Code area of Stuart, Florida :

There are currently 178 active condo listings (Up 2 from last month).

22 Condo sales are pending and awaiting close or lender approval (A decrease of 10 condos from July).

13 Condos Sold in August (Down by 3 from July)

The Stuart Florida Market Report ZIP Code 34996 for Condos for August 2013 showed an reduced amount of activity from previous months. Both pending and closed sales were off from July and the inventory remains fairly steady. We are entering our slower season for condo sales and I would not be surprised to see reduced activity continue for the next few months.

The current absorption rate for the Stuart Florida Market Report ZIP Code 34996 – Condo rose to 13.7 months from July’s 11. Continuing as a strong buyers market for August of 2013. A balanced market is considered to occur when the absorption rate is 6 months.

The numbers for August 2012 were: 190 active listings, 19 pending sales and 12 closed sales. Better activity for this year as compared to last, especially when the reduced inventory is considered.

Please use the charts below as reference only as they rely on all residential types of property in the 34996 real estate market:

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Stuart Florida Market Report ZIP Code 34996 Condo August 2013

Stuart Florida Market Report ZIP Code 34996 Residential August 2013

09.16.13 by Gabe Sanders

Stuart Florida Market Report ZIP Code 34996 Residential August 2013

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for August 2013

For August, 2013 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 125 active listings (Decreased by 1 home from July).

26 Residential sales are pending and awaiting close or lender approval (Decreased by 18 homes from July).

25 Homes Sold in August (Increased by 10 homes from July).

In the 34996 zip code area of Stuart Florida real estate market activity for August 2013 there was a nice jump in closed sales from July. Unfortunately pending sales were off by a large number as well indicating possibly slower market activity for the coming months. Not an unexpected possibility as we are approaching our ‘off’ season. Inventory remains low and was basically unchanged from July.

The one month absorption rate for the 34996 zip code area of Stuart Florida for August dipped to 5 months as compared to July’s 8.4 months, indicating a sellers market for now. A balanced market, favoring neither buyer or seller is considered to be around a 6 month absorption rate.

The numbers for August of 2012 were: 166 active listings, 34 pending sales and 6 closed sales. Still outperforming last years market, though the reduced pending sales numbers are troubling.

Please use the charts below as reference only as they rely on all residential types of property in the 34996 real estate market:

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Stuart Florida Market Report ZIP Code 34996 Residential August 2013

315 NW Bayonet PL – Another Pines Home Sold

09.15.13 by Gabe Sanders

315 NW Bayonet PL – Another Pines Home Sold

315 NW Bayonet Place has been sold by the Gabe Sanders real estate team. The sales price was $319,500.

Two story beauty, lots of upgrades. 4 bedrooms, 2.5 baths CBS home in The Pines. Screened and heated pool, lots of covered outdoor living space, preserve views. Many upgrades including; granite counter-tops in kitchen, new vanity and fixtures in half bath, Italian porcelain tile floors in living area, wood floor in family room, wood blinds and much more… New high efficiency air conditioner (16 SEER) in 2012,

Located adjacent to the new Jensen Beach High School, and Felix A. Williams elementary school, among Martin County’s best schools, is only one reason why living in the Pines and Windemere are so desirable.

Some residents have stated “sending our children to Felix A. Williams is like having a private school in our own back yard.” “Our Kids can walk to the new High School”

In addition to the best schools, The Pines is located just 1.5 miles from the beautiful unspoiled beaches of Hutchinson Island, a fantastic public golf course is right next door, a regional park that offers little league and soccer and many family attractions. “we can play golf without the high cost just next door.”

For others, the best shops of the Treasure Coast Mall with a new 13-plex theater are walking distance and grocery stores are located nearby.

World famous fishing is just a ride away. Stuart is known as the “Sailfish capital of the world.”

Adjacent to the Pines, is the smaller community of Windemere and the Preserves. Currently, D.R. Horton is in the process of building brand new affordable homes in both the Pines and Windemere subdivisions at some very affordable prices.

For any questions you may have about 315 NW Bayonet PL – Another Pines Home Sold, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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315 NW Bayonet PL – Another Pines Home Sold

5695 SE Matousek St Open House September 15

09.14.13 by Gabe Sanders

5695 SE Matousek St Open House September 15

Join us on Sunday, September 15 from 1 to 4 PM at 5695 SE Matousek St. in Rocky Point, Stuart, FL for an open house. Get a first hand look at this totally remodeled home with easy access to fishing and boating just off the Saint Lucie Inlet.

An amazing opportunity in Rocky Point Estates. This two story Key West style pool homes has seen a total makeover in the past few years. The second floor is a spacious 2 BR, 1 BA, space with a full country kitchen, living and dining areas and laundry room. There’s a 360 degree covered wrap around porch to enjoy the cool ocean breezes year round. Floors are Dade County Pine. The living room has a Vermont Casting wood stove for those rare winter days when a little warmth may be required. A newer 30 year metal roof (2005). The attic, trusses, decks and staircase are all Cypress (which is no longer available for home construction). This structure is supported by reinforced poured concrete.

The CBS first floor has been recently updated. Boasting a great room concept with 1 BR and 1 Bath and new kitchen with granite counters and stainless appliances. Spacious bathroom with Carrera marble. Perfect for the extended family needing two living spaces or a possible income producing apartment. Only steps away from the Rocky Point Estates marina and boat ramp. As of this writing docks are available for sale or lease. Please call for an extensive list of features and updates for this home.

Living area of Rocky Point Pool Home

There’s a gas heated pool and spa on the perfectly manicured grounds. Two driveways. Backup generator that will power both levels. Security system. Attached car port that can easily be enclosed to a garage.

Rocky Point Estates is a boating community with a marina and boat ramp that is only minutes from the crystal clear waters of the Atlantic. A mecca for fisherman from the world over. There’s also a large picnic area with a covered portico as well as fishing piers with cleaning stations. All only steps from this home. Docks are available to purchase and lease for only the residents and members of the Rocky Point Estates Homeowners Association. HOA fees are a minimal $75.00 per year.

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5695 SE Matousek St Open House September 15

Stuart Florida Market Report ZIP Code 34994 Condo, August 2013

09.12.13 by Gabe Sanders

Stuart Florida Market Report ZIP Code 34994 Condo, August 2013

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for August 2013

For August, 2013 in the 34994 Zip Code area of Stuart, Florida :

There are currently 1112 active condo listings (Increased by 3 condo from July).

48 Condo sales are pending and awaiting close or lender approval. (Down by 5 condos from last month)

16 Condos Sold in August (Increased by 5 condos from July).

For the summer season in the Stuart Condo market for zip code 34994 pending sales were off slightly from last month. The inventory grew by 3 condos. Sales increased by 5 condos. This is considered the ‘off’ season for the Martin County condo market, so the increase in the number of sales is certainly a welcome number.

The one month absorption rate dipped to 7 months compared to last months 9.6. Just about a balanced market.. Typically a real estate market is considered to be a balanced market with an absorption rate of 6 months. Meaning neither the buyers or sellers have an advantage in the real estate market.

Last August the numbers were 143 active listings, 43 pending sales, and 13 closed sales. When the reduced inventory is accounted for, the real estate market for condos in the 34994 zip code area of Stuart is quite strong when compared to August of 2012.

Please use the charts below as reference only as they rely on all residential types of property in the 34994 real estate market:

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Stuart Florida Market Report ZIP Code 34994 – Condo, August 2013

Stuart Florida Market Report ZIP Code 34994 Residential August 2013

09.11.13 by Gabe Sanders

Stuart Florida Market Report ZIP Code 34994 Residential August 2013

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for August 2013

For August, 2013 in the 34994 Zip Code area of Stuart, Florida :

There are currently 59 active listings (Up 4 from July).

33 Residential sales are pending and awaiting close or lender approval (Up 4 homes from July).

8 Homes Sold in July (Decreased by 7 homes from July)

The 34994 ZIP code area of the Stuart, Florida had a decrease in closed (sold) sales for the month of August. On a positive note, the inventory rose slightly (for the second month in a row), though the inventory of available homes is still very low and is one reason for the lower number of closed sales. Pending sales did go up from July and this is a good sign for future closed sales.

The one month absorption rate for the 34994 zip code for August rose to 7.4 months from last months 3.7 months. Back into a very slight buyers market. A 6 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The August 2012 numbers were 58 Active Listings, 38 pending sales and 14 closed sales. Unfortunately, for the 34994 zip code area of Stuart, FL the market was fractionally better last year as compared to August of 2013.

Please use the charts below as reference only as they rely on all residential types of property in the 34994 real estate market:

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Stuart Florida Market Report ZIP Code 34994 Residential August 2013

Sewalls Point Residential Market Report August 2013

09.10.13 by Gabe Sanders

Sewalls Point Residential Market Report August 2013

Sewalls Point Real Estate Snapshot, Residential Sales for August 2013

There are currently 46 active listings (a decrease of 1 home for sale from July)

6 Residential sales are pending and awaiting close or lender approval (Down 1 from last month)

7 Homes sold in July (An increase of 4 homes from July)

A second slower month for the Sewalls Point residential real estate market. For August 2013 sales were up from July, but both pending and active listings were off marginally. This is most likely a reflection of the summer months with slower activity, which is typical for the Martin County FL real estate market.

The absorption rate declined to 6.6 months. Just about a balanced market. A 6 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to August of 2012, the inventory was 57 homes on the market, 16 pending sales and there were 3 closed sales. The lower number of pending sales this year is a sign that for the imediate future, there may not be as many closed sales as in previous years, though this year we did do much better than last year.

Please use the charts below as reference only as they rely on all residential types of property in the Sewalls Point real estate market:

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Sewalls Point Market Report – Residential, August 2013

The Yacht and Country Club of Stuart Courtyard Villa Sold

09.09.13 by Gabe Sanders

The Yacht and Country Club of Stuart Courtyard Villa Sold

Our courtyard villa in the yacht and Country Club of Stuart has sold. Sales price was $175,000.

Have a never ending vacation of a lifetime in this sunny bright courtyard villa. Lying adjacent to a full 1 acre of vacant (currently un-buildable) land, this 3 BR, 2 BA, 2 Car Garage home is like having a private oasis. This home is offered fully furnished, just bring your toothbrush. As a bonus, your own private golf cart is included. Well maintained with an updated kitchen and ample storage. Located in a guard gated golf course community (with golf membership not mandatory) and conveniently located close to marinas, beaches, shopping and the other amenities that Stuart, Florida has to offer. Community pool, tennis courts and fitness center are also available. Great opportunity for a full time home or the perfect winter getaway at an affordable price.

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The Yacht and Country Club of Stuart Courtyard Villa Sold

Conquistador Market Update September 2013

09.08.13 by Gabe Sanders

Conquistador Market Update September 2013

Homes: 3 Active listings ranging in price from $230,000 to $269,300 at an average of $138.88 per sq. ft. of living area.

No homes are under contract at this time.

In the past 12 months, 5 homes have sold in Conquistador Estates with sales prices ranging from $179,000 to $285,000. An average sales price of $119.47 per sq. ft. of living area at 92% list to sales ratio. None of these sales were short sales or foreclosures.

Condos: There are currently 14 condos for sale in Conquistador. Listing prices range from $72,900 to $215,000. The average is $92.50 per sq. ft. of living area. One of these listings is a short sale.

2 Condos are under contract awaiting settlement. List prices are $80,000 and $94,500 for an average of 80.04 per sq. ft. of living area. The lower priced unit is a short sale.

In the past 12 months, 27 condos have sold in Conquistador. Sales prices ranged from $22,500 to $125,000. The average price per sq. ft. was $104.27 at an 88% list to sales ratio. There were 3 foreclosures and no short sales in these sales.

Conquistador is the prime senior location in Stuart Florida. Conquistador Market Update September 2013 are located on the shores of the wide Saint Lucie River and only minutes from the beaches of the Atlantic Ocean as well as being right next door to the Martin County Municipal Golf Course with easy access to shopping, restaurants, medical facilities.

Conquistador is a mix of single family homes (the estates section) and 3 story condominiums. The condominiums have access to their own pool areas as well as barbecue areas or the main club house pool.

This is a very active senior community with an active clubhouse with fitness room, main ballroom, reading library and activities throughout the year. Conquistador is not just a seasonal residence as many owners enjoy the benefits of year round living in fabulous Martin County with all the amenities that this jewel of the Treasure Coast has to offer.

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For any questions you may have about Conquistador Homes and Condos in Stuart, Florida, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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Conquistador Market Update September 2013

5695 SE Matousek St Open House September 8

09.07.13 by Gabe Sanders

5695 SE Matousek St Open House September 8

Join us on Sunday, September 8 from 1 to 4 PM at 5695 SE Matousek St. in Rocky Point, Stuart, FL for an open house. Get a first hand look at this totally remodeled home with easy access to fishing and boating just off the Saint Lucie Inlet.

Living area of Rocky Point Pool Home

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5695 SE Matousek St Open House September 8

Palm Cove Estate Home Approved Short Sale

09.06.13 by Gabe Sanders

Palm Cove Estate Home Approved Short Sale

Bank has approved this short sale and we can close quickly. Wonderful opportunity for the buyer with a vision and desire to live in the prestigious Palm Cove Golf and Yacht Club community. This spacious pool home located at 209 SW Hatteras Court is offered for $555,000. Please call for bank approved price.

Spacious Home in Palm Cove with over 3600 sq. ft. of living area.

Live the good life in Palm Cove. Community marina, non-equity golf & river front clubhouse. Outstanding custom home built by McNamara, updated by current owner. Innovative design & attention to detail will captivate you. Large entry hall, formal dining room, wood paneled office/4th bdrm, bath. Open living room w/ wet bar, fireplace, hardwood floors, tray ceiling, recessed lights. French doors to screened pool. covered lanai. Gourmet kitchen w/ stainless appliances, marble counters, pantry, center island. Two guest suites with baths.Over sized master includes large sitting area, tray ceiling, two walk in closets. Elegant marble master bath, double vanities. New roof, gutters, AC. Come and see this very special Palm Cove Golf and Yacht Club home.

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Palm Cove Estate Home Approved Short Sale

Orchid Bay Palm City FL September 2013 Market Update

09.05.13 by Gabe Sanders

Orchid Bay Palm City FL September 2013 Market Update

There are currently 5 homes available to purchase in Orchid Bay. List prices range from $385,000 to $439,000. The average listing price per sq. ft. of living area is $144.98. One of the available homes is a short sale.

Two homes are under contract and awaiting sales. List prices are $429,900 and $438,500 for an average price of $157.95 per sq. ft. of living area. One of these homes is a short sale.

In the past 12 months, 4 homes have sold in Orchid Bay. Sales prices ranged from $385,000 to $615,000 for an average sold price of $157.89 per sq. ft. of living area. None of these homes were short sales or foreclosures.

One of the most desirable communities in Palm City, Orchid Bay (also known as Captain’s Creek) lies just south of the new Palm City Veteran’s Memorial Bridge off of Mapp Road. This gated community of 153 homesites (including only two vacant lots at this time) enjoys spacious private lots of at least a ½ acre with a few properties residing on over 1 acre sites. This planned community was developed by the Tartan land Company in the early 1990’s and all homes are individually constructed by the lot owner’s builder of choice. Consequently this is not a “cookie cutter” community by any means.

Homes range in size from over 5,000 sq. ft. of living area to just over 2,000. From as many as 8 bedrooms down to 3 bedroom homes. Both one and two story residences. Homes were built from 1992 through 2007. Amenities include tennis courts, a picnic and playground area as well as a public gazebo. Numerous lakes and ponds are on this property with many homes enjoying serene water views. Orchid Bay has its own community propane tank so all residents have the option of hooking in for propane utilities if desired.

HOA fees at the time of this writing are $415 per quarter. These fees include maintenance of the roads, trash pickup, common areas as well as basic cable TV service.

Children of Orchid bay attend wonderful schools: Palm City Elementary, Hidden Oaks Middle and Martin County High.

Search here for available Orchid Bay Homes for Sale

For any questions you may have about Orchid Bay, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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