Lighthouse Point and Seagate Harbor Market Report September 2019
For September 2019, we have 15 homes on the market in Lighthouse Point and Seagate Harbor in Palm City, FL. Listing prices are from a low of $450,000 to a high of $1,179,000. This is an average listing price of $715,712 which equals $367.91 per square foot of living area.
There is only 1 home currently under contract. The list price was $560,000 or $314.61 per square foot of living area. This home was on the market for 127 days before going under contract.
But, only8 homes have sold in Lighthouse Point and Seagate Harbor in the past 12 months. Sales prices ranged from $425,000 up to $780,000. This works out to an average sales price of $602,363 which equals $298.42 per square foot of living area. These homes sold at an average of 87 days and at 98% of list price.
About Lighthouse Point and Seagate Harbor in Palm City FL:
A boater’s and sailor’s Delight in an affordable waterfront niche community with deep water dockage! Nature and families are the focus in this desirable community characterized by beautiful homes, parks, nearby golf, restaurants, shopping, and A-Rated schools!
Almost every home has waterfront dockage available in an intricate network of deepwater canals. Some select homes come with wide views of the Saint Lucie River. A community boat ramp is also available providing everything a boater would ever want!
The homeowner’s association is very reasonable at only $50 and $75 per year, most of which goes towards a number of great community get-togethers throughout the year. These two neighboring communities are in the ‘A’ rated Martin County school system with local children currently zoned for Bessey Creek Elementary, Hidden Oaks Middle and Martin County High Schools.
There are no fixed bridges to the open Ocean (Only high span 60’ +). These canals are maintained and dredged to a 6’ depth. In recent years sewer and city water have been brought to these communities which have resulted in a major transformation. Many larger and newer homes are replacing the smaller homes of the previous era.
Those looking for affordable waterfront in the Martin County area may want to act sooner than later as current prices have been rising rapidly.
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