May 2014 Market Report for River Pines in Stuart FL
As of may 2014, there are 11 active listings for River Pines townhomes for sale in Stuart, FL. Prices range from $89,900 to $134,900 which equals an average price of $84.25 per sq. ft. of living area. There is one short sale and one bank owned foreclosure in these 11 homes.
There are 5 homes under contract awaiting sale. List prices are from $94,900 to $109,900 for an average of $82.22 per sq. ft. of living area. 3 of these townhomes are bank owned (foreclosures).
In the past 12 months, 21 homes have sold in River Pines with sales prices ranging from $80,000 to $129,000 at an average of $72.34 per sq. ft. of living area. Of these sales, 2 were short sales and 2 were bank owned (foreclosures).
Located just off the Intracoastal Waterway off of Cove Road in Stuart is the River Pines community. 396 private residences in quad style town-homes. This community was built in 1981 and 1982 and all homes are 1288 sq. ft. of living area with 2 bedrooms and 2 and ½ baths. There are large private courtyards for each home, some of which the residents have enclosed for added living area.
Only a short walk or bike ride to the Saint Lucie River with access for kayak launch. Boat ramps also nearby. All ages are welcome and 2 small pets are permitted. Each home has 2 reserved parking spots with additional guest parking. Amenities include 2 Community pools, tennis courts and racquetball/handball courts. There’s also a private preserve adjacent to the Intracoastal available exclusively for residents use.
A very well run community with excellent financials. Residents have the option of joining the Miles Grant golf club (just across the street).
As of May, 2014 HOA fees were $160 per month.
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