Sandpebble Real Estate Market Report March 2024
Here’s your March 2024 market report for the Sandpebble Condo and Beach Club on Hutchinson Island in Stuart, Florida:
There are currently 9 condos available for sale in Sandpebble. The list prices range from $450,000 up to $768,080. This is an average list price of $595,442 which is $492.47 per sq. ft. of living area.
There are 3 Sandpebble condos currently under contract. The list prices ranged from $559,000 to $749,000. This works out to an average list price of $644,333 or $494.90 per sq. ft. of living space.
In the past 12 months, 8 Sandpebble condos have sold. Sales prices ranged from $390,000 up to $790,000. This is an average sales price of $561,875 which works out to $472.34 per sq. ft. of living area. These sales averaged 97% of the list price. And, they went under contract in an average of 52 days after being listed.
View the previous Sandpebble condo market report here!
About the Sandpebble Condos on Hutchinson Island in Stuart FL:
On the beautiful and unspoiled portion of South Hutchinson Island lies one of the best-kept secrets in Martin County. Located on pristine 37 acres that reach 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 riverside 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 clubhouse with a 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 units.
Construction of the Sandpebble complex began in 1982. Recently all buildings were completely refurbished with metal roofs. Other renovations included Hardi-Plank replacement for exterior wood surfaces and complete concrete (re-bar) restoration. Also completed was the installation of a bulkhead protecting and enhancing the river-side property and structures, updated landscaping, and the painting of all the buildings.
Current Sandpebble Condos for Sale
The Gabe Sanders real estate team
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For the latest market reports for Martin County, Saint Lucie County, and the State of Florida please click on this link.