Martin County Single Family Homes March 2017 Market Detail

The Martin County Single Family Homes Market Detail for March 2017 continues to show gains from last year though not quite as robust as last month’s gains. Closed sales were up by 11.3% (was up by 17.8% in February). New pending sales decreased by 3.3% as compared to March of 2016 (Increased by 10.0% in February).

Prices continued to increase with the median sales price up by 8.7% from last year (up by 10.2% in February) while the average price increased by 8.0% (was up by 23.9% last month).

The inventory of available single family homes decreased from last month by 47 homes to 1,094 units for March, this is 1.5% greater than last March. Current supply of homes is 5.5 months, for March of last year it was a 5.2 months supply. (This is a 5.8% increase from last year). Still a sellers market for Martin County single family home sales. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Click here to view or download the full report:
Martin County Single Family Homes March 2017 Market Detail

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.

Martin County Single Family Homes March 2017 Market Detail

PGA Verano Villa Sold

04.27.17 by Gabe Sanders

PGA Verano Villa Sold

Now Sold. 10205 SW Ambrose Way in the gated Verano community in PGA of Port Saint Lucie, FL 34986. This villa was listed for $269,900 and sold for $258,000. The buyer was introduced to this property by Gabe Sanders of Real Estate of Florida.

Like new only better! Picture perfect villa overlooking the canal in PGA village Verano! Close to the front gate and a short walk to beautiful Club Talavera which boasts over 40,000 sq. ft. of social and fitness area, pool & spa!

This Castellano Villa has 2 bedrooms, a den and 2 baths. This is a gently lived in villa which has beautiful porcelain tiles laid on the diagonal, granite counter tops, upgraded espresso cabinets, stainless steel appliance, crown molding throughout plus chair railing, plantation shutters throughout, French doors to the den, closet organizer in the master, leaded light front door, screened patio, hurricane impact glass throughout, 2 car garage plus room for a golf cart. It’s the perfect package!

For currently available Verano and PGA Village homes, call 772-888-2885

PGA Verano Villa Sold

Florida Townhouses and Condos March 2017 Market Detail

04.25.17 by Gabe Sanders

Florida Townhouses and Condos March 2017 Market Detail

The Florida Townhouses and Condos Market Detail for March 2017 continued with strong sales activity. Closed sales were up by 11.4% as compared to last months increase of 4.1% and new sales under contract (new pending sales) increased by 7.1% (In February there was a 0.5% increase).

Values continued to increase though at a strong pace. Median sales prices were up by 9.4% (was up by 11.7% in February), while the average sales price increased by 10.7% (was up 8.5% in February). As sales activity decreases and if inventory continues to increase, I expect these prices to continue to moderate, though they are staying pretty resilient at this time.

The inventory decreased by 0.1% from March of last year. For March 2017 we have 6.3 months of inventory (was 6.4 months in February) and compared to 6.2 months for March 2016. We remain in a balanced market for Florida townhouse and condo sales but are drifting slowly towards a buyers market in the past year. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

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:
Florida Townhouses and Condos March 2017 Market Detail

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.

Florida Townhouses and Condos March 2017 Market Detail

Florida Single Family Homes March 2017 Market Detail

04.24.17 by Gabe Sanders

Florida Single Family Homes March 2017 Market Detail

The Florida Single Family Homes Market Detail for March 2017 rebounded with increased activity from last March. Closed sales were up by 9.3% (were down by 0.5% in February) and new sales under contract (new pending sales) were up by 3.6% (were down by 2.0% in February).

Both the median and average sales prices continued to rise from March 2016 to March 2017. Up by 10.4% and 11.3% respectively, compared to February’s 12.5% and 9.5%.

The inventory of available homes for sale fell by 4.9% from last year. For March there was a 4.1 months supply of inventory as Florida remains in a sellers market with the advantage for sellers. (March of 2016 had a 4.4 month supply) A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory. Inventory is once again decreasing which continues to put pressure on rising prices and sales.

Click here to view or download the full report:

Florida Single Family Homes March 2017 Market Detail

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.

Florida Single Family Homes March 2017 Market Detail

Hobe Sound FL 33455 Condo Market Report March 2017

04.23.17 by Gabe Sanders

Hobe Sound FL 33455 Condo Market Report March 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for March 2017

For March 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 16 active condo listings. (Increased by 3 condos from February)

4 Condo is pending and awaiting close. (Down by 2 pending condos from February)

4 Condos sold in March. (Increased by 2 closed sales from February)

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. There continues to be solid activity, though with such small numbers, trends are difficult to analyze.

The absorption rate for Hobe Sound condos decreased to 4.0 months for March (was 6.5 in February). A sellers market for Hobe Sound condos. Absorption rates in this segment of the Martin County real estate market should be taken with a liberal grain of salt, as small changes in activity make for very large changes on percentages that do 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 March 2016 numbers were: 5 active listings, 7 pending sales and 3 closed sales. Activity seems to be improving here but it’s very difficult to make meaningful comparisons with such low numbers of sales and inventory, though this segment appears to be returning to more normal volume.

Search for Hobe Sound FL Condos for Sale Here

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Hobe Sound FL 33455 Condo Market Report March 2017

Hobe Sound FL 33455 Residential Market Report March 2017

04.22.17 by Gabe Sanders

Hobe Sound FL 33455 Residential Market Report March 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for March 2017

For March 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 200 active listings. (Down by 33 homes from February)

102 Residential sales are pending and awaiting close (Up by 26 homes from February)

42 Homes Sold in March (Down by 8 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County continues with strong activity even though the inventory is starting to become an issue with it’s low levels.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 inched up to 4.8 months (4.7 months in February). Still in a sellers’ market for Hobe Sound residential real estate. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for March 2016 were: 212 active listings, 105 pending sales and 56 closed sales. Slightly stronger activity last year, but this was with a bit more inventory as well.

Search here for Hobe Sound Florida Real Estate for Sale

Land Properties

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Stuart Florida Real Estate presented by:
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Hobe Sound FL 33455 Residential Market Report March 2017

Newer Stuart Home with Guest Cottage – Open House

04.21.17 by Gabe Sanders

Newer Stuart Home with Guest Cottage

Please join us on Tuesday April 25, 2017 for an open house at 316 SE Martin Ave. in Stuart FL 9:30 A.M to Noon.

Welcome to Casa Bella in the heart of Stuart FL. This is a custom designed 2014 2 bedroom, 2 and ½ bathroom home built to the highest standards on a double lot with a detached cottage featuring a full kitchen and bath. The main home features a chef’s kitchen with quartz counter tops, top of the line appliances with a 6 burner wolf gas range, ice maker, wine cooler and a large island. A beautiful master bedroom with wood inlays in the ceiling, spacious walk-in closet along with two additional smaller closets. The second bedroom also boasts a walk-in closet and has its own ensuite bathroom. A dedicated laundry room with top of the line Maytag washer and dryer included with the home. Spacious two car garage with many built ins and room for additional storage. A large open living area overlooks the covered patio and landscaped back yard with a gas powered fire pit.

The guest cottage was built in the 1960’s but was extensively updated in 2012 and a new roof was installed in 2016. This cottage has a full bath and kitchen along with two spacious closets and a Murphy bed that coveys with the property

There is a dedicated boat parking spot in the backyard and a gate to ensure ease of access for ingress and egress. Many fruit trees and lush landscaping is highlighted in this lovely outdoor space.

This home was constructed to exceed the latest City of Stuart building codes (2010). This home was designed to withstand 160 M.P.H. wind gusts with PGT Winguard hurricane and impact resistant windows. More information and the full home specs are available.

Just listed in Stuart FL real estate.

Jensen Beach FL 34957 Residential Market Report March 2017

04.20.17 by Gabe Sanders

Jensen Beach FL 34957 Residential Market Report March 2017

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for March 2017

For March 2017 in the 34957 Zip Code area of Jensen Beach, Florida :

There are currently 203 active listings. (Up by 13 homes from last month)

82 Residential sales are pending and awaiting close or lender approval. (Down by 14 homes from February)

58 Homes Sold (Up by 31 homes sale from February)

The Jensen Beach FL 34957 Residential Market showed a very strong month for closed sales. Pending sales dropped a little but continue to be strong along with good inventory.

The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 plunged to 3.5 months ( was 7 months in February). A very strong sellers market for March. A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.

The March 2016 numbers were: 124 active listings, 66 pending sales and 29 home sales closed. Considerably greater inventory this year with a corresponding increase in both closed and pending sales.

Jensen Beach FL 34957 Residential Market Report March 2017

Search here for Jensen Beach Real Estate for Sale

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Jensen Beach Florida Real Estate presented by:
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Jensen Beach FL 34957 Residential Market Report March 2017

Tesoro Golf Club Home Under Contract

04.20.17 by Gabe Sanders

Tesoro Golf Club Home Under Contract

146 SE Rio Angelica in the Tesoro Golf Club community of Port St. Lucie is now under contract. This estate home is listed for $775,000.

Tesoro Club in Port St. Lucie

A custom designed and built Tesoro Golf Club home in immaculate condition. Dramatic private water and golf views are yours from this 2011 built executive’s homes with 26 ft. high ceilings in the foyer and living room. The Living room has a natural gas fireplace and has 2 stories of windows that let in the bright Florida sunshine. Custom ceiling detailing is found in the dining room, master suite, office and main guest bedroom. The home has fiber optic wiring for cable and hi speed internet. The solid wood cabinets found in the kitchen with granite counter tops are a chef’s delight, especially since the cooktop and water heaters in this home are fueled by natural gas. This home does not require a mandatory Tesoro Golf Club membership, though it is available for those with an interest.

Tesoro Club in Port St. Lucie

About the Tesoro Club in Port St. Lucie:

One of the premier country clubs on Florida’s Treasure Coast, Tesoro lies on 1,400 acres. The Tesoro Club is home to two par-72 golf courses one is an Arnold Palmer signature course while the other is a Tom Watson signature course. The Tesoro Club is an official PGA Tour host.

Tesoro Club in Port St. Lucie

The centerpiece of the Tesoro club is a 100,000 plus square foot three story clubhouse overlooking a 120 acre lake. This full service clubhouse is magnificent and offers impeccable services for all the members of the Tesoro Club.

Tesoro Club in Port St. Lucie

In addition to the world class golf, the Tesoro Club is also host to its very own swim and racquet club. The racquet club consists of 10 Har-Tru tennis courts plus one exhibition stadium court and two croquet courts. There’s a full time ATP Tennis Director offering lessons, clinics and a full service pro shop. Spacious men’s and women’s locker rooms make this a wonderful facility. And after that hard match cool off in the pool or soak your sore muscles in the Jacuzzi.

Tesoro Club in Port St. Lucie

For those needing more pampering there’s a full service spa and salon on premises.

Tesoro Club in Port St. Lucie

And, if you don’t feel like cooking the dining room at the Tesoro club has a menu that is sure to please.

Tesoro Club in Port St. Lucie

Homes in Tesoro run the gamut from huge estate homes of 7,000 sq. ft. of living area with 5 and 6 bedrooms and 6 bathrooms on large ½ acre lots, down to more modest 3 bedroom, 2 bathroom homes with around 2,000 square feet of living area along with 2 car garages lying on smaller under one quarter acre lots.

At this time there are numerous opportunities for new custom homes built to your specifications or a good number of available re-sale homes. Golf Club membership is not mandatory in certain sections of Tesoro so HOA fees vary considerably from area to area. For non-membership lots it starts around $580 a month and includes lawn, landscaping, 24 hour monitored security, basic cable TV, management and exterior pest control.

Here are some of the currently available homes in Tesoro

Please call us at 772-323-6996 or email us for the complete and up to date list.

Central Stuart Home on Mango Place Sold

04.19.17 by Gabe Sanders

Central Stuart Home on Mango Place Sold

1508 SE Mango Place in Stuart FL was listed for $350,000 and sold with the assistance of Gabe Sanders – Stuart Florida Real Estate for $330,000 to a long time Stuart resident returning to the area.

Located in one of the most sought after neighborhoods in the historic Stuart area, this classic Florida home has it all with a wonderful vintage feel. Situated on a double lot, 110′ x 125′. Meticulously maintained inside and out with lush landscaping, mature fruit trees, a butterfly garden and a private back yard with plenty of room for a pool.

Ride the bikes or go for a walk in the tree-lined, park-like neighborhood that you’ll love to call home. Cedar wood ceilings and recently re-finished, beautiful terrazzo floors add to the charm of this well preserved treasure. Conveniently located close to downtown for shopping / dining and the beaches for fun in the sun. Other features include; vintage cabinetry, large screened-in lanai porch, new metal roof in 2011, new carport and paver driveway and patio in 2008, storm shutters, storage area, 8 zone sprinklers, outside shower and a walk-in master shower.

Search here for all central Stuart FL homes for sale

For additional information about Stuart FL real estate visit my website or give me a call at (772) 888-2885

Palm City FL 34990 Residential Market Report March 2017

04.18.17 by Gabe Sanders

Palm City FL 34990 Residential Market Report March 2017

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for March 2017

For March 2017 in the 34990 Zip Code area of Palm City Florida :

There are currently 449 active listings (Increased by 4 homes from February)

165 Residential sales are pending and awaiting close or lender approval. (Up by 30 homes from last month)

81 Homes Sold in February (Up by 25 homes from February)

The Palm City FL, zip code 34990 residential real estate market was very strong for March of 2017 going back into a sellers market and also with a good increase in pending sales for future activity.

The monthly absorption rate dropped to 5.3 months from 7.9 months in February. Back into a sellers’ 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 March 2016 numbers were: 399 active listings, 179 pending sales and 80 closed sales. Very similar activity to last March with a slightly lower pending volume and greater inventory.

Search here for Palm City Florida Real Estate for Sale:

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Rental Properties for Rent in Palm-City, Florida Between $0 – $500,000

Palm City Florida Real Estate presented by:
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Palm City FL 34990 Residential Market Report March 2017

Suntide Oceanfront Condo 104 Sold

04.18.17 by Gabe Sanders

Suntide Oceanfront Condo 104 Sold

Suite 104 in Suntide has sold. This condo was listed for $315,000 and sold for $312,500. View more pictures and information about this condo here.

A spacious condo with just under 1,800 sq. ft. of living area in the Suntide Condominium of Stuart FL. This 2 bedroom, 2 bathroom condo has been well maintained and offers ample storage as well as plenty of flex room if you need more space for additional visitors. The enclosed patio offers great peeks at the Ocean and green space. This first floor condo also has additional storage, under building parking, community pool, sundeck, exercise room, clubhouse with kitchen and party area as well as billiards and a game room. All in a wonderful oceanfront location that is close to the Publix market as well as downtown Stuart.

About Suntide Condos on Hutchinson Island

Located on Hutchinson Island in uncrowded and unspoiled Martin County, the Suntide Building is one of the premier ocean front condos in Stuart, Florida. Boasting truly fine amenities with a protected pool, private beach access and hard to find under building protected parking. There’s a full clubhouse with a fitness center, pool table, card room, library, full kitchen and reading room.

Suntide has all two bedroom, two bath condos that come in four different configurations and sizes. The largest of these feature an office, sitting room than can possibly double as an extra bedroom. Many units have direct and unspoiled ocean views. One of the best run associations in Stuart, this fine complex is always a desirable destination for those who have made it their permanent residence as well as those who enjoy it as a vacation get away.

As of November 2016, condo fees in Suntide varied from $450 to $570 a month depending on the size of the condo. This fee includes Cable, Common Areas, Elevator, Insurance-Bldg, Lawn Care, Manager, Master Antenna/TV, Parking, Pest Control, Reserve Funds, Roof Maintenance, Sewer and Water.

Search for Suntide Condos on Hutchinson Island

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Village of Stuart Condos April 2017 Market Report

04.17.17 by Gabe Sanders

Village of Stuart Condos April 2017 Market Report

For April 2017 there are 3 condos for sale in the Village of Stuart. These condos were listed from $135,000 up to $143,315 for an average list price of $138,072 which is $115.06 per sq. ft. of living area.

There is one condo currently under contract. The list price was $115,000 or $95.83 per sq. ft. of living area. This condo went under contract 19 days after being listed.

In the past 12 months, 9 condos have been sold. Sales prices ranged from a low of $75,200 up to $153,000 for an average sales price of $121,122 which equals $95.70 per sq. ft. of living area. These condos sold for an average of 98% of the listing price and were on the market for an average of 25 days before going under contract.

About the Village of Stuart Condos:

This condo community located off Indian Street and Aster Lane in Stuart FL was built in 1982 and 1983 and features 144 condos in 18 two story buildings. All of these condos are 2 bedroom, 2 bathroom units with 1,200 sq. ft. of living area and all buildings have 4 units upstairs and another four on the first floor.

Amenities include a community pool and tennis court. And, as of April 2017 the condo fee is $265 per month. This fee includes exterior maintenance and insurance as well as the management fees and maintenance of all common areas as well as trash pickup and water and sewer. The Village of Stuart is pet friendly and allows up to two medium sized pets per unit and also allows rentals with restrictions on duration and frequency.

All ages are welcome in this community. Children currently attend J. D. Parker Elementary School, Dr. David L. Anderson Middle School and Martin County High School.

This community is located just west of US-1 (Federal Hwy.) and has easy and quick access to shopping, restaurants and the beaches and also only a few minutes away to I-95 for those commuting from either north or south.

Click here for any available condos for sale in the Village of Stuart

Osprey Creek April 2017 Market Report

04.16.17 by Gabe Sanders

Osprey Creek April 2017 Market Report

For April 2017 there were no homes listed in the Osprey Creek community of Martin Downs Country Club in Palm City FL.

There are also no homes currently under contract.

In the past 12 months, 2 homes have sold. The sales prices were $190,000 and $202,500 which equals an average sale price of $196,250 or $122.14 per sq. ft. of living area. These two homes were on the market for an average of 163 days before going under contract and sold for an average of 90% of list price.

About Osprey Creek in Martin Downs Country Club

The Osprey Creek section of Martin Downs Country Club has 41 homes located on the Martin Downs Country Club Golf Course. Homes consist of both 2 and 3 bedroom single family homes ranging in size from 1,714 to 1,542 square feet of living area. All of the homes include a single car garage. As of January, 2017 the HOA fees were $240 per month. These fees include security, landscaping and lawn maintenance, exterior pest control, trash pickup and basic cable TV service.

Martin Downs is a guard gated community that offers memberships for golf, tennis and social. Two large pools, workout room, Tiki Sports Bar and Main Dining Room. A rated schools, Public Parks, Dining, Entertainment, Boating, Fishing, Horseback Riding and other activities just minutes away.

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Sawgrass Villas Palm City April 2017 Market Report

04.15.17 by Gabe Sanders

Sawgrass Villas Palm City April 2017 Market Report

For April 2017 there are no townhomes available for sale in the Sawgrass Villas community of Palm City Florida.

There is one townhome that is under contract. The list price was $204,900 which is $126.40 per sq. ft. of living area. This home was on the market for 15 days before going under contract.

In the past 12 months 8 homes have sold. Sales prices ranged from $197,000 up to $227,500 for an average sales price of $212,063 which works out to $116.21 per sq. ft. of living area. These homes sold for 96% of list price and averaged 31 days on market before going under contract.

About the Sawgrass Villas in Palm City:

Built in 2005, the Sawgrass Villas of palm City are one of the few newer affordable townhome style condos in the area. There are 52 units with two different floor plans. All are 3 bedroom, 2 bathroom with either 2.079 sq. ft. of living area for the larger floor plan or 1,621 sq. ft. for the smaller ones. With a rare exception all of these townhouses have a 1 car garage.

Great location within walking distance to shopping and some restaurants and an easy drive to historic downtown Stuart and the beaches of Martin County or to Florida’s Turnpike for those needing to get to points north or south.

The HOA fees (March 2017) are a very reasonable $365 per month as this includes building maintenance and insurance, landscaping, trash pickup, Cable TV, and exterior pest control.

Live the easy maintenance and worry free life in these solid concrete townhomes featuring hardi-plank siding and metal roofs.

Click here to search for Sawgrass Villas homes for sale

Legacy Cove Lakefront Pool Home Under Contract

04.14.17 by Gabe Sanders

Legacy Cove Lakefront Pool Home

1256 SE Illusion Isle Way in the Legacy Cove community of Stuart FL is now under contract. This home was listed for sale for $419,000.

A lovely lakefront, 3 bedroom plus den/office/4th bedroom on cul de sac is a tropical jewel w oversized heated pool & spa, covered porch & southeasterly exposure for balmy breezes on extended fenced patio. Popular Caracus model w open floor plan w formal dining & living rooms. Gourmet kitchen w breakfast bar & morning room opens to a large family room w double sliders to custom pool, spa & patio. Pantry, pullouts, granite, 42 ” cabinets w pullouts, double ovens, 5 burner counter top range, for easy Florida living & entertaining. Light ‘n bright lakefront views, high flat ceilings, columns, diagonal tile t/out & high level laminate. Spacious master suite with a roomy walk in closet, l has French door to patio/pool & spa. Luxury bath suite w Roman tub, separate walk in glass shower, double vanities. 3 way split bedroom plan.

Quiet cul d sac street w curbs and sidewalks, and only a short walk to the large community center with pool, library, basketball, tennis & clubhouse for the entire community or book for your private events. Gated community with all newer homes near downtown historic Stuart, ocean beaches, golf, hospitals, & I95, is mid-way to 2 regional Malls. Almost all appliances are new. This is a true “Florida Dream Home”.

About Legacy Cove:

Search here for Legacy Cove Homes for Sale

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 $233.00 per month (as of January 2017). These fees include Cable, Common R.E. Tax, Lawn Care and Management Fees. Management of the community is through First Service Residential.

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.

Search here for Legacy Cove Homes for Sale

Stuart Florida Market Report ZIP Code 34994 Residential March 2017

04.12.17 by Gabe Sanders

Stuart Florida Market Report ZIP Code 34994 Residential March 2017

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for March 2017

For March, 2017 in the 34994 Zip Code area of Stuart, Florida :

There are currently 69 active listings (Decreased by 5 homes from February)

34 Residential sales are pending and awaiting close or lender approval (Increased by 9 homes from last month).

15 Homes Sold in February (Up by 5 homes from February)

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida continued to improve with both pending sales and closed sales increasing for the month of March.

The one month absorption rate for the 34994 zip code for March dropped to 4.6 months from 6.8 months for February. Transitioning into a strong sellers market for the 34994 zip code area of Stuart, FL. A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The March 2016 numbers were 62 Active Listings, 33 pending sales and 15 closed sales. Very similar activity to last year.

Search here for Stuart Florida Real Estate for Sale

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

Stuart, FL Real Estate

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Stuart Florida Market Report ZIP Code 34994 Residential March 2017

Pinecrest Lakes Jensen Beach 4 BR Home for Lease

04.09.17 by Gabe Sanders

Pinecrest Lakes in Jensen Beach FL 4 BR Home for Lease

A newer (2014) 4 Bedroom plus den, 3 bathroom and 3 car garage is available for lease beginning May 2017 for $3,250 per month.

A newer (2014) D. R. Horton Biscayne model 4 Bedroom, 3 bathroom plus den/office and a 3 car garage home is available for an annual lease in the desirable Pinecrest Lakes community of Jensen Beach. This home features granite counter-tops, stainless steel appliances, solid concrete block construction with many desirable features. Wonderfully located close to the Jensen Beach High School, Treasure Coast Mall, Restaurants and only two miles to the Intracoastal and then the pristine beaches of the Atlantic Ocean.

About Pinecrest Lakes Homes in Jensen Beach FL

Pinecrest Lakes in Jensen Beach, Florida was first developed in the late 70’s and early 80’s during a time when the Martin County Commissioners were notoriously stringent and restrictive about new developments in the area. Consequently this community has a distinctive feel and flavor. All homes are on at least a 1/2 acre lot with many on larger 1 to 2 acre lots. None of the homes are identical and all types of construction and paint schemes are allowed.

Pinecrest Lakes is located south of NE Jensen Beach Boulevard and just east of the new Green River parkway. Residents enjoy wide winding streets with sidewalks, street lights, underground utilities and public water. Community features include tot lots, parks, lakes and tennis courts.

Pinecrest Lakes is located in Martin County‘s “A” rated school district. The local public elementary school, Jensen Beach Elementary School, is less than a mile away, within easy walking and biking distance for students. Students also attend Stuart Middle School in Stuart and Jensen Beach High School located approximately 1 mile northwest of the community on NE Jensen Beach Boulevard.

Pinecrest Lakes is also about 1 mile to the east of the Treasure Coast Square Mall, Martin County’s main shopping center. Residents are a short ride away from the beautiful beaches on Hutchinson Island, historic downtown Jensen Beach, Indian Riverside Park as well as numerous boat ramps and marinas that serve the vast boating resources available in Martin County.

All ages and pets are welcome in Pinecrest Lakes. HOA fees (as of April 2017) are only $67.00 a month and include maintenance and reserve funds for all of the common areas in this community.

Search for Pinecrest Lakes Real Estate in Jensen Beach Florida

Vista del Lago Unit 3107 Sold

04.07.17 by Gabe Sanders

Vista del Lago Unit 3107 Sold

Now under contract, unit 3107 in Vista del Lago has sold for $85,000 and the buyer was introduced to this well maintained condo by Gabe Sanders – Stuart FL Real estate.

55+ active adult community of Vista del Lago located north of Roosevelt Bridge. Convenient location to downtown Stuart, Jensen beach mall and beaches on Hutchinson island. Partially furnished 2 bedroom, 2 bath, 1014 sf, first floor corner unit with full hurricane protection. Glass enclosed porch, entire unit is tiled except for guest bedroom, light and bright. Parking spot is right outside the door! Amenities include: club house, pool, billiards, shuffleboard, barbecue grills, library, large gathering room for parties and well maintained landscaping.

About the Vista del Lago Condominiums:

The Vista del Lago condominium complex consists of over 500 condos located north of the Roosevelt Bridge and west of Federal Hwy (US-1) in North Stuart. This attractive complex is very conveniently located near shopping, restaurants and a quick drive to either downtown Stuart or Jensen Beach. Just a few minutes more and you can be on the Ocean in either Stuart or Jensen Beach.

Vista del Lago condos were first built in 1974 and the last one was completed in 1979. All the buildings are two story and contain both 2 Bedroom, 2 Bath and 1 Bedroom 1 Bath units. Sizes range from 1,014 sq. ft. of living space down to 631 sq. ft. 1 bedroom units. Many of these condos have attractive water views as well as some with golf course views of the Pine Lakes Golf Club.

There’s an active clubhouse with a large swimming pool as well as shuffleboard courts. No pets are permitted in Vista del Lago and this is an age restricted (55+) community. The HOA fees as of March 2017 were from the low $200’s for a 1 Bedroom unit to just under $300 per month for 2 Bedroom condos.

Search here for available Vista del lago condos for sale

St Lucie County Townhouses and Condos February 2017 Market Detail

04.04.17 by Gabe Sanders

St Lucie County Townhouses and Condos February 2017 Market Detail

The St Lucie County Townhouses and Condos Market Detail for February 2017 showed a stronger month from last year as well as last month. Closed sales were up by 1.4% from last year (was down 12.3% in January) while new pending sales increased by 5.8% (was up by 2.0% in January).

Values shot higher for February with the median price up by 41.6% (was up by 11.1% in January) while the average sales price increased by 17.5% (was down by 1.4% in January). I’ve been expecting prices to moderate for some time so this increase was quite a surprise.

The inventory of available townhouses and condos increased by 20 units from last month to 604 units, which is 9.3% less than February 2016. The current supply is 6.3 months, which is 4.5% lower than the 6.6 months of inventory last year. The St Lucie County townhouses and condos continues as a balanced market. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

Click here to view or download the full report:
St Lucie County Townhouses and Condos February 2017 Market Detail

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.

772-763-8506

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