Sandpebble Condos Hutchinson Island March 2018 Market Report
March 2018 Market Update for the Sandpebble Condo and Beach Club on Hutchinson Island in Stuart, Florida:
There are currently 3 condos for sale in Sandpebble. The list prices range from $299,000 up to $319,000 for an average of $306,000 which equals $296.51 per sq. ft. of living area.
There are 5 pending Sandpebble condo sales. Three on the riverside and two are oceanfront. List prices range from $300,000 up to $450,000 which averages to $361,980 or $282.09 per sq. ft. of living area. These condos averaged only 18 days on the market before going under contract.
In the past 12 months, 11 Sandpebble condos have sold. 7 on the riverside and 4 on the ocean side. Sales prices ranged from $255,000 to $450,000 for an average sales price of $325,300 which works equals $262.42 per sq. ft. These sales averaged 96% of list price and went under contract after an average of 99 days on market.
On the beautiful and unspoiled portion of South Hutchinson Island lies one of the best-kept secrets in Martin County. Located on a 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 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 own units.
Construction of the Sandpebble complex began in 1982 and just recently all buildings were completely refurbished with metal roofs, Hardi-Plank replacement for exterior wood surfaces, complete concrete (re-bar) restoration, the installation of a bulkhead protecting and enhancing the river-side property and structures, updated landscaping and the painting of all the buildings.
For additional information and availability of Sandpebble Condominiums and other attractive Oceanfront Homes, Condos or Vacant Land, contact Gabe Sanders.
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