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Atlantis Condos on Hutchinson Island October 2016 Market Report

There are currently 7 condos on the market in the three Atlantis condo buildings.. List prices range from $189,000 to $344,900 for an average list price of $257,800 which equates to $223.56 per sq. ft. of living area.

There are 2 Atlantis condos that are under contract that haven’t sold to date. List prices are $229,900 and $299,000 for an average of $264,450 or a per sq. ft. price of $240.31. These two condos went under contract in an average of 107 days.

In the past 12 months, 10 condos have sold in Atlantis. Sales prices ranged from $125,000 to $265,000 with an average sales price of $207,440 or $188.75 per sq. ft. of living area. These condos sold in an average of 109 days and at an average of 96% of list price.

Atlantis Condos on Hutchinson Island in Jensen Beach FL (Saint Lucie County) consists of three buildings. Atlantis ‘A’, Atlantis ‘B’ and Atlantis ‘III’. Buildings A and B were constructed in 1978 and consist of 68 2 bedroom 2 bathroom condos with 1,053 sq. ft. of living space on 7 stories. End units are slightly bigger with wrap around balconies and 1113 sq. ft. of living space. Building III was built in 1982, also with the same number of condos but is slightly larger with 1,151 sq. ft. interior units and 1,258 sq. ft. on the ends.

Condo association fees at the time of this post were in the low $300’s per month for Buildings A & B and the low $400’s for Atlantis III. These three buildings have two pools in between them as well as direct ocean access from the rear of all buildings. Those on floors 3 to 7 enjoy excellent ocean and beach views, while the lower floors have partially blocked views because of the sand dunes. There is ample outdoor parking for all residents as well as two tennis courts and a vehicle wash area.

The Atlantis condos are conveniently located just 1 and ½ miles north of the Jensen Beach Causeway and within an easy drive of shopping, restaurants and all the amenities offered on Florida’s Treasure Coast.

Give the Gabe Sanders BlueWater realty team a call or email if you would like more information or wish to see the Atlantis complex in Jensen Beach FL.

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Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – Claridge – Dune Walk – Empress – Island Club – Island Crest – Island Dunes – Islandia – Miramar – Miramar Royale – Ocean Dunes – Oceana North – Oceana Oceanfront – Oceana South – Ocean Towers – Oceanrise – Ocean Bay Villas – Princess – Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

Pierpoint Yacht Club October 2016 Market Report

10.09.16 by Gabe Sanders

Pierpoint Yacht Club October 2016 Market Report

There are 2 active listings in Pierpoint for early October 2016. List prices are $119,000 and $134,900 for an average list price of $126,950 which equates to a per sq. ft. price of $105.98.

There are no condos currently under contract.

In the past 12 months, 19 condos have sold in Pierpoint. Sale prices ranged from $84,000 to $229,900 for an average sales price of $122,284 which equals $97.37 per sq. ft. of living space. These condos were under contract in an average of 88 days and sold at an average of 96% of the list price.

This friendly, active 55+ condominium offers two community pools, grills, shuffleboard, a waterfront clubhouse and dock. First floor, end unit overlooking a peaceful courtyard and pond with a fountain. Clean, freshly painted, vacant unit just perfect for you!

Located in the heart of Stuart and on the shores of the wide Saint Lucie River, the Pierpoint Yacht Club Condominiums is the premier adult community in Stuart, Florida. Extremely well maintained complex of 8 buildings, some of which have magnificent water views.

Pierpoint has docks with boat slips for rent as available. Also on this dock is a fishing station and benches for all Pierpoint residents to enjoy and use. Stuart enjoys some of the finest fishing conditions in all of Florida and the east coast.

On the shores of the Saint Lucie River, Pierpoint has a large and active clubhouse with a full kitchen available for members and special occasions. Adjacent to the clubhouse is one of two heated pools, a billiard room, reading library and shuffle board courts. There’s an outdoor lounge for sipping cocktails right on the shores of the wide Saint Lucie River. Lots of green space and ample parking complement this wonderful community.

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Pierpoint Yacht Club October 2016 Market Report

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Canopy Creek October 2016 Market Report

10.08.16 by Gabe Sanders

Canopy Creek October 2016 Market Report

There are currently 3 homes for sale in Canopy Creek in Palm City. All are new construction homes from Kolter Homes. List prices range from $639,900 to $674,900 for an average list price of $653,233 or $209.51 per sq. ft. of living area.

There are no homes currently under contract in Canopy Creek.

In the past 12 months, 7 Canopy Creek homes have sold. Sales prices ranged from $649,900 to $921,580 for an average sales price of $762,072 or $204.84 per sq. ft. of living area. These homes averaged 86 days on market prior to going under contract and the sales prices were 101% of the list price.

Canopy Creek Clubhouse

Canopy Creek in Palm City is a beautiful community for those seeking new construction homes with plenty of room for privacy. With just 300 homes on 700 acres of preserves and wetlands this community affords luxury living without the crowds of urban areas. Each estate home in this Eco-friendly community is on a minimum of a half-acre lot and all offer peaceful views of protected Florida preserves.

Canopy Creek will be a gated private community with easy access to I-95 or the Florida Turnpike. Minutes from the famous Treasure Coast beaches of Florida, the area also offers fabulous shopping and dining in beautiful Stuart, Florida and one of the finest public school systems in Florida. Canopy Creek is your best choice for new homes in Palm City, Florida.

New homes range in size from just over 3,000 sq. ft. of living area to 4,100 sq. ft. with prices starting from the low $600,000’s. Clients of the BlueWater Realty Team may qualify for some special promotional discounts. Please call us for details.

Orchid Bay Palm City FL October 2016 Market Report

10.07.16 by Gabe Sanders

Orchid Bay Palm City FL October 2016 Market Report

There are currently 3 homes available to purchase in Orchid Bay. List prices range from $584,500 to $649,000. The average listing price is $626,833 which equates to $179.70 per sq. ft. of living area.

3 homes are under contract and awaiting sale. The list prices are $445,000 and $489,999 which average to $466,633 and is $177.31 per sq. ft. of living area. These three homes averaged 150 days on the market before going under contract.

In the past 12 months, 7 homes have sold in Orchid Bay. Sales prices ranged from $369,000 to $550,000 for an average sold price $444,286 which equals $161.75 per sq. ft. of living area. These 7 homes averaged 175 days on the market before the sellers accepted an offer and sold for an average of 97% of the listed price.

One of the most desirable communities in Palm City, Orchid Bay (also known as Captain’s Creek) lies just south of the new Palm City Veteran’s Memorial Bridge off of Mapp Road. This gated community of 153 homesites (including only two vacant lots at this time) enjoys spacious private lots of at least a ½ acre with a few properties residing on over 1 acre sites. This planned community was developed by the Tartan land Company in the early 1990’s and all homes are individually constructed by the lot owner’s builder of choice. Consequently this is not a “cookie cutter” community by any means.

Homes range in size from over 5,000 sq. ft. of living area to just over 2,000. From as many as 8 bedrooms down to 3 bedroom homes. Both one and two story residences. Homes were built from 1992 through 2007. Amenities include tennis courts, a picnic and playground area as well as a public gazebo. Numerous lakes and ponds are on this property with many homes enjoying serene water views. Orchid Bay has its own community propane tank so all residents have the option of hooking in for propane utilities if desired.

HOA fees at the time of this writing are $415 per quarter. These fees include maintenance of the roads, trash pickup, common areas as well as basic cable TV service.

Children of Orchid bay attend wonderful schools: Palm City Elementary, Hidden Oaks Middle and Martin County High.

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For any questions you may have about Orchid Bay, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Palm City Florida Real Estate
Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Orchid Bay Palm City FL October 2016 Market Report

The Courtyards at Willoughby October 2016 Market Report

10.06.16 by Gabe Sanders

The Courtyards at Willoughby October 2016 Market Report

There are no homes for sale in the Courtyards at Willoughby for the beginning of October 2016.

There are no properties currently under contract.

In the past 12 months, 3 condos have sold in the Courtyards of Willoughby with sales prices ranging from $144,500 to $191,000 for an average sales price of $160,167 and this equals $108.47 per sq. ft. of living space. These condos sold for an average of 94% of list price with an average of 124 days on market before going under contract.

The charming townhomes in the Courtyards at Willoughby are located close to Historic Downtown Stuart as well as many other shopping, dining and entertainment areas that Stuart, Jensen Beach and Palm City have to offer.

There are only 44 residences in the Courtyards at Willoughby with four different models to choose from, The Juno, The Jupiter, The Hutchinson, and The Jensen depending on your needs. The models go up to 3 bedroom, 2 bathroom two level homes with 1,532 sq. ft. of living area down to 2 bedroom, 2 bath one level living with 1,125 sq. ft. of living space and some models feature garages. Maintenance fees at the time of this writing (October 2016) run from $350 per month and lower depending on the size of the unit. Up to 1 medium sized pet is allowed.

This community features a swimming pool, with a sundeck and cabana grilling area, and a 24 hour fitness center! The surrounding school district is ‘A’ rated.

As of October 2016 there is only one active listing in the Courtyards at Willoughby. It is a 3 bedroom, 2 bath townhome with a two car garage. The list price is $195,000.

There are three pending listings. All are 2 bedroom units that were listed from $109,900 to $129,000 for an average list price of $115,966 which equals $98.78 per sq. ft. of living area. 2 of these homes are short sales.

In the past 12 months, there have been 7 sales in the Courtyards at Willoughby. Sales prices ranged from $103,100 to $179,900 for an average sold price of $129,750 which was $97.33 per sq. ft. of living area. There were no foreclosures and one shortsale in this group of sales.

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The Courtyards at Willoughby October 2016 Market Report

Stuart Florida Real Estate presented by
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Governors Landing September 2016 Market Report

09.27.16 by Gabe Sanders

Governors Landing September 2016 Market Report

There’s only one home available to purchase in Governors Landing for September 2016. This homes is listed for $646,000 which is $249.90 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, 3 homes have sold. Sales prices ranged from $445,000 up to $558,000 for an average sales price of $518,850 which works out to $180.06 per sq. ft. of living area. These homes sold for an average of 97% of the list price and were on the market for an average of 81 days before going under contract.

About Governors Landing in Hobe Sound FL

Governors Landing is a prestigious gated community in Hobe Sound just south of Jimmy Graham and Peck Lake Parks and west of the Intracoastal Waterway facing Jupiter Island and the Atlantic Ocean to the East. Very conveniently located about equidistant from the City of Jupiter to the South and the City of Stuart to the North. Both of which can be reached in under 15 minutes by car.

Governors Landing has both canal homes with ocean access docks as well as lake front homes, many with docks in the community marina. There is also a boat ramp available for residents as is a boat storage area.

Homes were built between 1988 and 2006 in Governors Landing and as of this writing in September 2015 there are 4 vacant lots which have yet to be built upon. Existing lot sizes range from just over 1/6^th to just under ½ acres. And, homes range from 3 bedroom, 2 bathroom, 2 car garage with around 2,400 sq. ft. of air conditioned living area up to 5 bedroom, 5 bathroom, 3 car garage homes with 5,000 sq. ft. of living area.

The HOA fee (as of August 2016) is $569 per quarter and includes the maintenance and upkeep of the security gate, common areas as well as the community docks and ramps as well as basic cable TV service.

Children in Governors Landing attend these schools: Hobe Sound Elementary School, Murray Middle School and South Fork High School.

For those looking for luxury ocean access homes with convenient access to good schools, medical facilities and shopping, Governors Landing may just be the perfect place to call home.

Search here for Governors Landing homes for sale.

Governors Landing September 2016 Market Report

Hobe Sound FL 33455 Condo Market Report August 2016

09.25.16 by Gabe Sanders

Hobe Sound FL 33455 Condo Market Report August 2016

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for August 2016

For August 2016 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 4 active condo listings. (Up by 1 condos from July)

5 Condos are pending and awaiting close. (Down by 1 pending condos from July)

3 Condos sold in August. (The same number of closed sales from July)

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. Inventory levels are at all time lows and it is quite remarkable that there is as much activity as there is in this small segment of the Martin County real estate market.

For August, 2016 the absorption rate is 1.3 month (it was 1 months in July). Absorption rates in this segment of the Martin County real estate market should be taken with a liberal grain of salt, as small changes in activity make for very large changes on percentages that August not reflect a true trend in the market. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The August 2015 numbers were: 2 active listings, 4 pending sales and 3 closed sales. It’s very difficult to make meaningful comparisons with such low numbers of sales and inventory.

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Hobe Sound FL 33455 Condo Market Report August 2016

The River Club September 2016 Market Report

09.25.16 by Gabe Sanders

The River Club September 2016 Market Report

As of September 2016 there are two available condos for sale in the River Club. List prices are $145,000 and $175,000 for an average asking price of $160,000 which is $141.05 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, 9 condos have sold in the River Club. Sales prices ranged from $122,000 up to $315,000 for an average sales price of $168,056 which works out to $152.32 per sq. ft. of living area. These condos sold for an average of 96% of the last list price and went under contract in an average of 47 days.

Please contact me if you need an explanation of the reasons for the wide disparity in sales prices in the River Club.

About The River Club of Martin County:

The River Club of Martin County is a waterfront condo community that was built between the years of 1978 and 1980. There are 15 buildings with 188 total condos all of which are 2 bedroom and 2 bathrooms. These are all two story buildings. There are two different floor plans with 1,220 and 1,072 sq. ft., of living areas. Four of these buildings enjoy beautiful wide waterfront views of the Saint Lucie River. The River Club has a 50 slip marina that is run by a separate dock association. In order to own a slip in the River Club one must be a condo owner. Tenants and owners do have the opportunity to rent slips should they be available for lease.

Great amenities include a clubhouse with game room and kitchen facilities, a community pool, fitness room, shuffleboard courts, workshop, and cable TV and internet access (including wi-fi) included in the condo fees. The condo fees as of May 2016 are $326 a month.

All ages are welcome in the River Club but no pets are allowed. Rentals are allowed with some restrictions as to duration and length of unit ownership. No commercial vehicles or motorcycles are allowed, but pickup trucks with covers are permitted.

The River Club is a great choice for those looking for an affordable condo community with deep water docks and fishing as well as a full complement of amenities.

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The River Club September 2016 Market Report

Hobe Sound FL 33455 Residential Market Report August 2016

09.24.16 by Gabe Sanders

Hobe Sound FL 33455 Residential Market Report August 2016

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for August 2016

For August 2016 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 172 active listings. (Down by 20 homes from July)

89 Residential sales are pending and awaiting close (Up by 6 homes from July)

60 Homes Sold in August (Up by 14 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County outperformed all other Martin County real estate segments with a strong rise in closed sales and also an increase in pending sales with a decline in inventory. Most of our other areas eased off for August but this wasn’t the case for Hobe Sound.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dipped to 2.9 months (4.2 months in July). Going into an extreme sellers market for Hobe Sound residential sales. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for August 2015 were: 149 active listings, 84 pending sales and 34 closed sales. Considerably stronger activity for this month as compared to August of 2015.

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Hobe Sound FL 33455 Residential Market Report August 2016

Jensen Beach FL 34957 Condo Market Report August 2016

09.23.16 by Gabe Sanders

Jensen Beach FL 34957 Condo Market Report August 2016

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for August 2016

For August 2016 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 112 active listings. (Increased by 4 condos from July)

38 Condo sales are pending and awaiting settlement. (Down by 8 condos from July)

25 Condos Sold (Down by 2 condos from July)

For the Jensen Beach FL 34957 Condo Market Report August 2016 remained on a steady track with activity off by only a slight amount..

The one month absorption rate for the August 2016, Jensen Beach Florida Market Report ZIP Code 34957 inched up slightly to 4.3 months (from 4.1 months in July), keeping Jensen Beach condos in a sellers’ market. A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The August 2015 numbers were: 22 active listings, 13 pending sales and 5 condos closed. We had a change in reporting data collection methods and are now including all condos in the 34957 zip code which increases the sampling data base, so the comparisons from last year are not valid.

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Jensen Beach FL 34957 Condo Market Report August 2016

Jensen Beach FL 34957 Residential Market Report August 2016

09.22.16 by Gabe Sanders

Jensen Beach FL 34957 Residential Market Report August 2016

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for August 2016

For August 2016 in the 34957 Zip Code area of Jensen Beach, Florida :

There are currently 167 active listings. (Up by 3 homes from last month)

67 Residential sales are pending and awaiting close or lender approval. (Increased by 1 homes from July)

31 Homes Sold (Down by 25 home sales from July)

The Jensen Beach FL 34957 Residential Market eased off to a more reasonable market activity after a very hot July. Closed sales had a large drop, while pending sales remain steady. Still a very healthy market for Jensen Beach.

The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 jumped to 5.4 months ( was 2.9 months in July). Still a sellers’ market for the Jensen Beach residential real estate segment. A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.

The August 2015 numbers were: 117 active listings, 77 pending sales and 30 home sales closed. Considerable increase in activity for this year while closed sales remained about equal but pending sales were off.

Jensen Beach FL 34957 Residential Market Report August 2016