The Florida Club July 2018 Market Report

The Florida Club July 2018 Market Report

Stuart, Florida

As of July 2018, there are 3 Florida Club homes for sale.  List prices range from $425,000 up to $459,000 for an average list price of $434,725 which works out to $210.40 per sq. ft. of living area.

There are 3 homes under contract awaiting closing.  List prices ranged from $309,888 up to $429,315 for an average list price of $359,401 which works out to $191.18 per sq. ft. of living area.  These homes averaged 88 days on the market before going under contract.

In the past 12 months, 32 homes have sold in the Florida Club with sales prices ranging from $225,000 up to $497,500 for an average sales price of $331,138 which equals $173.89 per square foot of living area.  The average days on market before going under contract was 53 days with a 96% list to sales price ratio.

About the Florida Club:

Conveniently located at the gateway to Stuart, Florida and Martin County, the Florida Club is a DiVosta built golf club community located off Kanner Highway and within minutes of I-95. This non-equity golf club community consists of 433 homes.  113 homes in the estate’s section of the Florida Club featuring larger lots and spacious estate sized homes.  Many with both lake or golf course views and a few with both.  The remaining Florida Club homes feature either single family or attached one-story villas, many also with golf course and/or lake views.  Residents of the Florida Club can enjoy daily golf or if they wish can forgo being a member and just enjoy the benefits of living in a wonderful gated community without the expense of golf club membership.  Additionally, for those wishing to play only occasional (or just seasonal) golf, the Florida Club is open for non-members.

the Florida Club July 2018 Market Report

Perfect for anyone who wants the convenience of easy access to I-95 with Palm Beach, Fort Lauderdale and Miami, just a quick trip to the south and Orlando to the north. Yet still only minutes to the wonderful Atlantic Beaches of both Stuart or Hobe Sound and Jupiter Island.

the Florida Club July 2018 Market Report

The Martin County location ensures low property taxes and ‘A’ rated school system. Enjoy the Florida sunshine and all that this friendly neighborhood has to offer.

the Florida Club July 2018 Market Report

For more information about golf at the Florida Club July 2018 Market Report please visit their website: Florida Club Web Site and watch their welcome video below:

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Stuart Florida Real Estate is presented by:
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The Florida Club July 2018 Market Report

 

Stuart FL 34996 Condo Market Report June 2018

Stuart FL 34996 Condo Market Report June 2018

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for June 2018

For June 2018 in the 34996 Zip Code area of Stuart, Florida :

There are currently 106 active condo listings (Down by 12 condos from last month).

Stuart FL 34996 Condo Market Report June 2018

38 Condo sales are pending and awaiting close or lender approval (Down by 8 condos from May).

Stuart FL 34996 Condo Market Report June 2018

29 Condos Sold in June (Down by 11 condos from May) 

Stuart FL 34996 Condo Market Report June 2018

The Stuart FL 34996 Condo Market of Stuart remains a very active market.  Sales and pending sales were off from last month and the inventory continues to decline.  Hopefully, this is just a seasonal slow down which is typical for condos in our area.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 rose to 3.7 months from May’s 3.0 months.  Still in a strong sellers’ market for this segment of Martin County condos.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for June 2017 were: 132 active listings, 40 pending sales, and 26 closed sales.  Very similar activity as compared to last year with a significantly lower number of available condos for sale (inventory).

Stuart FL 34996 Condo Market Report June 2018

Are you interested in the value of your Stuart FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

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Stuart Florida Real Estate presented by:
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Stuart FL 34996 Condo Market Report June 2018

Portofino Condos at Jensen Beach July 2018 Market Report

Portofino Condos at Jensen Beach July 2018 Market Report

As of July 2018, there are 2 condos available for sale in Portofino.  List prices are $143,000 and $172,500 which averages to $157,750 or $147.44 per sq. ft. of living area.

There are no condos under contract at this time.

In the past 12 months, 14 condos have sold in Portofino, ranging in sales price from $95,000 up to $175,000 for an average sales price of $138,439 which equals a price per sq. ft. of $136.22.  The average days on market was 42 and the average list to sales price ratio was 96%.

About the Portofino Condos at Jensen Beach:

Portofino Condos at Jensen Beach July 2018 Market Report

Portofino of Jensen Beach is a gorgeous gated condo community that’s just great for families or singles. Portofino offers fantastic amenities such as a resort-style pool and hot tub, a state-of-the-art fitness center, and an indoor air-conditioned racquetball court along with outdoor tennis court. A business center is also available that delivers the conveniences of a home office, with computers, a copier, and a fax machine to keep you connected. A children’s playground is also available. This community is only 10 minutes from the beaches, and it is just minutes to both Jensen Beach Elementary School and Jensen Beach High School. Jensen Beach students also attend Stuart Middle School which is only about 15 minutes away.

 

Portofino Condos at Jensen Beach

Portofino Condos at Jensen Beach

 

Portofino Condos at Jensen Beach is one of the newest condominium subdivisions in Martin County.  Originally built as an upscale apartment complex around 2000, this development was turned into condominiums and began sales in 2005.  Due to the downturn in the housing market, not all units were sold and some are now being offered for lease.  Portofino Condos at Jensen Beach July 2018 Market Report features 1, 2 and 3 bedroom units with separate garage parking as an added purchase when available.  Unit sizes are 802 sq. ft. for the 1 Bedroom 1 bath, 1074 sq. ft. for the 2 Bedroom 2 bath, and 1252 sq. ft. for the 3 Bedroom 2 bath.

Portofino at Jensen Beach

With a total of 384 units, there are 116 one-bedroom, 196 two-bedroom, and 72 three-bedroom units within Portofino that are spacious and include balconies! Portofino provides luxury living for its residents, set in a peaceful Florida preserve atmosphere, many with lake views. Living in Portofino of Jensen Beach you will feel like you are on vacation year round!

Portofino Condos at Jensen Beach July 2018 Market Report

Portofino Condos at Jensen Beach July 2018 Market ReportThe Condo Owners Association fees range from $209 to $330 per month depending on unit size and for garage owners, there’s an additional $20 per month charge.  Fees include the extensive grounds and gated entry as well as the amenities, which include a large community pool, heated whirlpool, state of the art fitness center, indoor racquetball court, tennis court, playground and a private clubhouse with a full kitchen.

Portofino Condos at Jensen Beach July 2018 Market Report

All ages are welcome in Portofino Condos at Jensen Beach.   Children attend Martin County’s highly rated school system, currently at Jensen Beach elementary school, Stuart middle school and Jensen Beach high school.  Portofino Condos is close to the Treasure Coast mall as well as numerous shops and restaurants, medical facilities and only a few minutes to the waterways of Martin County and the beaches of Hutchinson Island.

Portofino Condos at Jensen Beach

Portofino Condos at Jensen Beach

For information about sales or rentals of Portofino Condos in Jensen Beach, please call the Gabe Sanders real estate team at 772-323-6996 or contact us here.

Jensen Beach Florida Real Estate

Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Portofino Condos at Jensen Beach July 2018 Market Report

Stuart FL 34996 Residential Market Report June 2018

Stuart FL 34996 Residential Market Report June 2018

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for June 2018

For June 2018 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 105 active listings (Decreased by 10 homes from May).

Stuart FL 34996 Residential Market Report June 2018

34 Residential sales are pending and awaiting close or lender approval (Down by 7 homes from May).

Stuart FL 34996 Residential Market Report June 2018

26 Homes Sold in June (Up by 6 homes from May).

Stuart FL 34996 Residential Market Report June 2018

The 34996 zip code area of the Stuart Florida residential real estate market continues to be active market.  Sales were up from last month but both the inventory of available homes for sale and pending sales were off for June.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for June dipped to 4.0 months as compared to May’s 5.8 months.  Drifting back into a strong seller’s market for the 34996 zip code area of Stuart FL but on the brink of transitioning into a balanced market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for June 2017 were: 138 active listings, 55 pending sales, and 41 closed sales.  Better activity last June with a greater inventory of available homes for sale.

Stuart FL 34996 Residential Market Report June 2018

Are you interested in the value of your Stuart FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

 Search here for real estate in the 34996 Zip Code of Stuart FL

Stuart Florida Real Estate presented by:

Gabe Sanders – Stuart Florida Real Estate

Stuart FL 34996 Residential Market Report June 2018

Oceana Oceanfront and North Condos July 2018 Market Report

Oceana Oceanfront and North Condos July 2018 Market Report

For July 2018 there are 5 condos for sale in Oceana (I and II aka Oceana Oceanfront) in Jensen Beach FL on Hutchinson Island.  List prices range from $180,000 up to $305,000 for an average list price of $235,980 which equals $246.58 per sq. ft. of living space.

There are 5 condos currently under contract.  List prices ranged from a low of $223,000 up to a high of $439,000 for an average list price of $315,680 which equals $301.22 per sq. ft. of living space.  These condos averaged 277 days on the market before going under contract.

In the past 12 months, 24 condos have sold.  Sales prices ranged from $199,000 up to $511,250 for an average sales price of $299,770 which works out to $271.85 per sq. ft. of living space.  These condos sold for an average of 95% of list price and averaged 82 days on the market before going under contract.

About the Oceana Oceanfront and North Condos:

Oceana North and Oceanfront Condos in Jensen Beach

The Oceana North Condos are also known as Oceana Oceanfront and are located at 9900 and 9940 S Ocean Drive in Jensen Beach FL on Hutchinson Island in Saint Lucie County.

Oceana North and Oceanfront Condos in Jensen Beach Oceana North and Oceanfront Condos in Jensen Beach

Oceana I was built in 1975 and is a 12 story building with 125 condos, while Oceana II was completed in 1980 with 16 stories and 160 units.  Oceana II has two penthouse units with 3 bedrooms and 3 baths with a spacious 2,092 sq. ft. of living area.  Also in building II, there are a few 2 bedroom 3 bath condos with 1,421 sq. ft.  The remaining condos in both Oceana I and II are either 2 bedroom, 2 bath residences with 1,129 or 1,023 sq. ft. and some 1 bedroom, 2 bath condos with 899 sq. ft.

There are two pools and private beach access, along with BBQ grilling areas as well as gated entries and vehicle was areas.

Oceana North and Oceanfront Condos in Jensen Beach Oceana North and Oceanfront Condos in Jensen Beach

Both buildings share a large clubhouse with fitness and game room, kitchen and bar and a large social area.  1 small pet is allowed as well as rentals with a 3-month minimum lease restriction.  There are four tennis courts directly across the street as well as 2 RV/Boat parking areas.  Trucks are also allowed.

Oceana North and Oceanfront Condos in Jensen Beach Oceana North and Oceanfront Condos in Jensen Beach

Condo fees range from $410 to $550 per month depending on the size and location of the condo (as of July 2018).  These fees cover Basic Cable TV, Common Areas, Elevator, Exterior Electric, Fire/Liability Insur, Grounds / Plants, Insurance-Bldg, Janitor, Laundry Facilities, Lawn Care, Manager, Parking, Pest Control, Pool Service, Recreational Facilities, Reserve Funds, Roof Maintenance, Security, Signs, Trash Removal and Water.

Oceana North Condos in Jensen Beach

Click on this link to search for available Oceana North Condos in Jensen Beach

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

Oceana Oceanfront and North Condos July 2018 Market Report