The Reef in Rocky Point June 2018 Market Report
For June 2018 there no homes available to purchase in the Reef in the Rocky Point neighborhood of Stuart FL.
There is 1 home under contract in this community. This home was listed for $495,000 or $224.39 per sq. ft. of living area and was on the market for 2016 days prior to going under contract.
In the past 12 months, 5 homes have sold in the reef. These homes sold for prices ranging from $475,000 up to $650,000 for an average sales price of $579,465 which equals $197.77 per sq. ft. of living area. These homes sold for an average of 96% of list price and were on the market for an average of 50 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 2018, 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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