Snug Harbor June 2013 Market Update
Snug Harbor June 2013 Market Update:
As of June, there is only 1 active listing in Snug Harbor in Stuart, FL. The list price is $595,000 or $178.20 per square foot of living area. (Non-waterfront)
There are currently 4 homes under contract or pending. Listing prices range from $350,000 to $2,550,000 or an average of $387.26 per sq. ft. of living area. 3 of the four pending sales are waterfront homes.
3 homes have sold in the past 12 months. Ranging in sales price from $439,900 to $755,000. The average sales price per sq. ft. was $218.58. These were not waterfront homes.
Snug Harbor was the vision of a group of 10 Yachtsmen, many former Commodores of the Chicago Yacht Club back in 1943. They bought the land and platted the area in September 1944 as well as forming the Snug Harbor Corporation, which controlled the ownership of the lots.
In 1975 the deeds were distributed and/or sold to the then owners and a condominium form of ownership was established under the name of the Snug Harbor Yacht Club. With both waterfront and non-waterfront homes and estates, located just minutes away from the ocean by boat or car and also convenient to downtown Stuart, offices, restaurants and recreational areas.
Snug Harbor is one of the finest communities in Martin County. There are only 72 home sites with a club house, deep water marina, boat ramp, trailer parking and tennis courts. There is an active association with social activities year round that make this community a very attractive place to call home.
Please feel free to contact Gabe Sanders (772-323-6996), a Snug Harbor resident and board member, if you would like any information about this wonderful community.
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