Coral Lakes Real Estate Market Report May 2024

Coral Lakes Real Estate Market Report May 2024

For May 2024, there is 1 home available for sale in Coral Lakes in Stuart FL. The list price is $710,000 which is $389.25 per sq. ft. of living space.

There are no Coral Lakes homes currently under contract.

3 Coral Lakes homes have sold in the past 12 months.  These homes sold for prices ranging from $500,000 up to $700,000.  This equals an average sales price of $620,000 which works out to $287.46 per sq. ft. of living area. These homes were on the market for an average of 103 days before going under contract. And, they sold for an average of 95% of the list price.

Click here to view previous Coral Lakes market reports!

About Coral Lakes in Stuart FL:

Coral Lakes real estate in Stuart Florida
Google Earth image

The gated Stuart FL community of Coral Lakes is off Willoughby Blvd between Pomeroy Street and Salerno Road.  Communities like this are no longer being developed in most centrally located areas as all of the lots are a minimum of a ½ acre and a number are over an acre.

Coral Lakes real estate in Stuart Florida
Google Earth image

There are just under 100 homesites in Coral Lakes with the first homes built in 1980 and the most recently completed one in 2005.  Homes come in all sizes and shapes with different builders and range from just over 1,600 sq. ft. 2 bedrooms and 2 bathrooms homes up to over 4,500 sq. ft. homes with 5 bedrooms and 4 bathrooms and multi-car garages.

Other than a storage lot for boats, RVs, and trailers there are no additional amenities in Coral Lakes and the low HOA fee covers maintenance of the common areas, gates, and management.  Many homes have private pools in these spacious single-family home sites as well as other much-desired amenities.

Coral Lakes real estate in Stuart Florida
Google Earth image

The location makes it easy for residents of Coral Lakes to commute via I-95 to parts north or south of Martin County and yet still be close to shopping, restaurants, medical facilities, beaches and waterways, and the other great attractions that make Stuart FL so popular among families.

Coral Lakes real estate in Stuart FL

Currently, children attend Pinewood Elementary, Dr. David L. Andersen Middle, and Martin County High Schools.

Check here to see which Coral Lakes homes are available for sale.

Search for Coral Lakes real estate in Stuart FL

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

Please click on this link for the latest market reports for Martin County, Saint Lucie County, and the State of Florida.

Coral Lakes Real Estate Market Report May 2024

Leave a Reply