The Reef in Rocky Point June 2017 Market Report
In june 2017 there is only one home available to purchase in the Reef in the Rocky Point neighborhood of Stuart FL. This home is listed for $509,900 or $232.62 per sq. ft. of living area.
There are no homes under contract in this community.
In the past 12 months, only one home has sold in the reef. This home sold for $455,000 which is $230.15 per sq. ft. of living area. This home sold for 93% of the list price and was on the market for 43 days before going under contract.
About The Reef in Rocky Point:
The Reef is one of the few newer gated communities in the Rocky Point area of Stuart FL. This is an exclusive subdivision with 52 home sites, 11 of which are larger waterfront estates located just a short boat ride away from the Atlantic Ocean through the Saint Lucie Inlet.
Homes in the Reef were built from 1994 to 2007. There are still some vacant lots that have yet to be built on including one waterfront parcel. Home sizes range from 3 bedroom, 2 bathroom homes with just under 2,000 sq. ft. of living area all the way up to 5 bedroom, 4 bath waterfront homes with over 6,000 sq. ft. of living space on over an acre lots.
As of June 2017, the HOA fee is a very reasonable $74.00 per month which pays for maintenance of the common areas, management fees, trash pickup and the community tennis court.
The Reef is in the Martin County School District and children attend the Port Salerno Elementary school, Murray Middle School and South Fork High School.
Rocky Point was originally a fishing village and many fishermen remain in the area. It is surrounded by the Intracoastal on the east side and the Manatee Pocket on the North and South sides. Easy access to many marinas, great seafood restaurants as well as the great lifestyle of Martin County FL.
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