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Monarch Country Club January 2017 Market Report

There are currently 7 active listings in the Monarch Country Club. List prices range from $284,500 up to $525,000 for an average list price of $417,600 which works out to $185.92 per sq. ft. of living area.

There are 5 homes under contract which have not yet closed in Monarch. List prices range from $263,500 to $445,000 for an average of $336,300 or $169.68 per sq. ft. of living area. These homes were on the market for an average of 68 days before going under contract.

In the past year (12 months back), 40 homes have sold in the Monarch Country Club. Sales prices ranged from a low of $195,000 up to $590,000 for an average sales price of $380,920 or $164.65 per sq. ft. of living area. These homes sold on average at 96% of the last list price and were on the market for an average of 45 days before going under contract.

About the Monarch Country Club

One of Palm City’s premier neighborhoods, Monarch Country Club is home to the ‘Monarch’ Golf Course in a wonderful gated community of approximately 500 homes.

Homes in the Monarch Country Club range in size from estate sized homes with over 3,800 sq. ft. of living area and up to 5 bedrooms and 4 bathrooms with 3 car garages down to smaller attached villas with a more modest 1,300 sq. ft. of living area and 2 bedrooms, 2 bathrooms and a 2 car garage. For those living in the Monarch Country Club, membership in the golf club is not mandatory and there are a number of social memberships also available including tennis and community pool memberships.

As of January 2017, the HOA fees (not including golf or social) ranged from just under $400 up to $450 a month depending on the size and the section of Monarch the home is located in. All ages and pets are welcome in Monarch and children are currently zoned to attend the Bessey Creek Elementary School, Hidden Oaks Middle School and Martin County High School.

This community is well located in Palm City close to Florida’s Turnpike for commuters and with easy access to shopping, restaurants, medical facilities and the many boat ramps and waterways in Martin County.

The championship course at Monarch boasts 6,867 yard par 72 with a slope of 133 and a rating of 73.6. Shorter options exist for all levels of play. This is an Arnold Palmer designed course that opened in 1987 and is currently managed as a ClubCorp facility.

There’s a beautiful clubhouse with pro shop, fine dining room, snack bar and outside bar that is open to club members and residents of Monarch Country Club. The two story structure offers beautiful views of the emerald green fairways of the ‘Monarch’ course at the Monarch Country Club. This fine facility is also available for business, social conferences and weddings. Adjacent to the clubhouse is a professional caliber tennis facility with six perfectly maintained, lighted Har-Tru courts. A full-service Pro Shop is available to suit all of your needs. Lessons, groups, tournaments are all accommodated by the friendly staff.

Currently there are a number of fine homes available for sale in the Monarch Country Club, ranging from smaller attached villas to larger estate homes with magnificent lake and golf course views.

Here are the currently available Monarch Country Club Homes for Sale

Monarch Country Club January 2017 Market Report

Riverwood Condos Indian River Plantation January 2017 Market Report

01.05.17 by Gabe Sanders

Riverwood Condos Indian River Plantation January 2017 Market Report

There are currently two condos for sale in the Riverwood Condos of Indian River Plantation. These condos are listed for $325,000 and $394,900 for an average list price of $359,950 which is $228.81 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, only one condo has sold in Riverwood. It sold for $360,000 or $184.43 per sq. ft. of living area. This condo was on the market for 40 days before going under contract and sold for 95% of list price.

About Riverwood Condos in Indian River Plantation:

The Riverwood condos of Hutchinson Island in the Indian River Plantation complex of Stuart consist of 12 smaller two story buildings close to the Marriott Resort and full service marina in Indian River Plantation. These condos were completed in 1981 and 1982 with many condos having magnificent wide water views of the Intracoastal Waterway also knows as the Indian River and others with sweeping views of the Indian River Plantation Golf Course and lakes.

There are 60 spacious condos with a mix of three bedroom- three bath, 2 bedroom-2 bath and 1 bedroom-1 bath units. Sizes range from a very spacious 2,065 sq. ft. down to the 911 sq. ft. for the 1 bedroom condos.

Riverwood residents enjoy their own community pool and tennis court for Riverwood resident’s exclusive use. There is ample parking with one assigned space per condo and guest spaces as well as a number of detached garages for some units. This is a pet friendly community with up to two large pets allowed. Rentals are also permitted with a one month minimum.

Current condo and management fees are from $580 to $620 per month depending on the size and location of the condo (as of December 2016).

Click here to view available Riverwood Condos for Sale

The Marriott Resort at Indian River Plantation Features:

Indian River Plantation consists of numerous condominium associations and buildings. All styles from Ocean front to River front and Golf and Tennis villas can be found here. IRP is associated and co-located with the Marriott Resort and Marina.

Tucked away on Hutchinson Island, the Treasure Coast’s 16-mile lush barrier island, is a unique resort that greets guests with the warmth of true Southern hospitality.

The Hutchinson Island Marriott Beach Resort and Marina stretches across 200 acres of plantation landscape on Hutchinson Island, bordered on one side by the Atlantic Ocean and by the shimmering Indian River on the other side.

A newly remodeled lobby with sweeping draperies, plantation-style wood furnishings and tropical tones sets the stage for a magical golf getaway. This is the gateway to an array of championship and executive courses, including Nicklaus, Fazio and Player designs.

Golfers of all skill levels will enjoy the challenging fairways and greens found in the area’s 12 courses. Plantation East, the resort’s own course, meanders throughout the island and is characterized by water on 17 of 18 holes. This 4,042-yard, par-61 executive course requires careful club selection and precision shot-making to overcome constantly changing ocean breezes.

This is the gateway to an array of championship and executive courses, including Nicklaus, Fazio and Player designs.

Golfers of all skill levels will enjoy the challenging fairways and greens found in the area’s 12 courses. The Ocean Club, the resort’s own course, meanders throughout the island and is characterized by water on 17 of 18 holes. This 4,042-yard, par-61 executive course requires careful club selection and precision shot-making to overcome constantly changing ocean breezes.

The Hutchinson Island Marriott offers guests and residents two tiki bars and their Signature Restaurant, the Baha Grille. Thirteen Novagrass tennis courts, miles of unspoiled beaches, water sports, deep sea fishing, and a full-service 77-slip marina anchored on the Indian River round out a perfect vacation of sun and fun.

Resort amenities also include three heated pools with sun decks, game rentals from the Activities Hut, two outdoor spas and supervised activities for both children and teens.

Additional Indian River Plantation Condos you may wish to consider:
Bayview – Beachwalk – Dunes Club – Fairway Villas – Inlet Village – Lakeside – Ocean House – Ocean Terrace – Plantation Club Villas – Plantation House – Resort Villas – River Village – Riverbend – Tennis Villas

Miramar Condos December 2016 Market Report

12.25.16 by Gabe Sanders

Miramar Condos December 2016 Market Report

This report includes all Miramar Buildings on Hutchinson Island in Jensen Beach Miramar, Miramar II and Miramar Royale.

There are 11 Miramar condos on the market on Hutchinson Island. List prices range from $209,500 up to $485,000 for an average list price of $359,381 which works out to $250.13 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, 14 Miramar Condos have sold. Sales prices ranged from $210,000 up to $440,000 for an average sales price of $356,020 or $244.66 per sq. ft. of living area. These condos sold for an average of 96% of list price and went under contract 120 days on average from listing date.