Renar River Place Condos September 2018 Market Report

For September 2018 there are 4 condos for sale in Renar River Place in downtown Jensen Beach FL. Lis prices range from $249,900 to $380,000. This is an average list price of $326,325 or $213.63 per sq. ft. of living area.

There is one condo currently under contract. The list price was $375,000 or $188.54 per sq. ft. of living area. This condo was on the market for 143 days prior to going under contract.

In the past 12 months, 2 condos have sold in Renar River Place. Sales prices were $213,000 and $215,000 for an average sales price of $214,000 which equals $123.42 per sq. ft. of living area. These condos went under contract in an average of 7 days after being listed and sold for an average of 93% of the last list price.

About Renar River Place in Downtown Jensen Beach:

One of the few newer condo communities in Martin County. Renar River Place boasts spacious condos overlooking the Intracoastal Water Way (Indian River) right at the base of the Jensen Beach round about and causeway to Hutchinson Island. There are also some townhouse style condos associated with this complex along with a limited amount of commercial space, making this the perfect work and live destination.

Renar River Place is in a great location within an easy walk to all of the quaint shops and restaurants of Jensen Beach. HOA fees vary by the size of the condo and location, so please call us for the latest cost. This community is open to all ages and pets are also welcomed. For those wishing to use this location as an investment, liberal rental rules will allow some excellent returns.

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Renar River Place Condos September 2018 Market Report

Sandpebble Condos Hutchinson Island September 2018 Market Report

09.30.18 by Gabe Sanders

Sandpebble Condos Hutchinson Island September 2018 Market Report

September 2018 Market Update for the Sandpebble Condo and Beach Club on Hutchinson Island in Stuart, Florida:

There are currently 4 condos for sale in Sandpebble. The list prices range from $319,000 up to $389,000. This works out to an average list price of $344,250 which is $311.75 per sq. ft. of living area.

There is 1 pending Sandpebble condo currently under contract. The list price was $450,000 or $313.37 per sq. ft. of living area. This condo went under contract 21 days after being listed.

In the past 12 months, 16 Sandpebble condos have sold. Sales prices ranged from $275,000 to $450,000. This is an average sales price of $344,400 which works equals $278.42 per sq. ft. of living area. These sales averaged 96% of list price and went under contract after an average of 55 days on market.

About the Sandpebble Condos on Hutchinson Island in Stuart FL:

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.

Here are the currently available condos in Sandpebble

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Sandpebble Condos Hutchinson Island September 2018 Market Report

Jensen Beach FL 34957 Condo Market Report August 2018

09.28.18 by Gabe Sanders

Jensen Beach FL 34957 Condo Market Report August 2018

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for August 2018

For August 2018 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 82 active listings. (Decreased by 5 condos from July)

37 Condo sales are pending and awaiting settlement. (Up by 3 condos from July)

27 Condos Sold (Up by 1 condos from July)

The Jensen Beach FL 34957 Condo Market Report for August continued remained very active and is one of the strongest markets in the Martin County area. Both pending and closed sales increased slightly along with another drop in the inventory of available condos for sale.

The one-month absorption rate for the August 2018, Jensen Beach Florida Market Report ZIP Code 34957 inched down to 3.0 months (from 3.3 months in July), remaining in a strong seller’s market. A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The August 2017 numbers were: 80 active listings, 41 pending sales, and 26 condos closed. Very similar market activity when compared to last year.

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Jensen Beach FL 34957 Condo Market Report August 2018

The River Club September 2018 Market Report

09.24.18 by Gabe Sanders

The River Club September 2018 Market Report

As of September 2018, there are two condos for sale in the River Club. These condos are listed for $174,900 and $225,000. This is an average list price of $199,500 or $186.52 per sq. ft. of living area.

There are no River Club condos currently under contract.

In the past 12 months, 7 condos have sold in the River Club. Sales prices ranged from $160,000 up to $245,000. This is an average sales price of $195,000 which works out to $176.49 per sq. ft. of living area. These condos sold for an average of 97% of the last list price and went under contract in an average of 89 days.

About The River Club of Martin County:

The River Club of Martin County in Jensen Beach FL

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.

Entrance to the River Club

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 2018 are $326 a month.

Sunset from the River Club

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.

Community Pool of the River Club

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.

fountain of the the River Club

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The River Club September 2018 Market Report

Banyan House Condos Stuart FL September 2018 Market Report

09.22.18 by Gabe Sanders

Banyan House Condos Stuart FL September 2018 Market Report

There are currently 2 condos for sale in the Banyan House condos in Stuart FL. These two condos are listed for $189,000 and $198,500. This is an average list price of $193,750 which is $141.43 per sq. ft. of living area.

There is one condo with a pending contract. The list price was $208,000 or $151.82 per sq. ft. of living area. This condo was on the market for 69 days prior to going under contract.

In the past 12 months, only 1 condo has sold in the Banyan House. The sales price was $121,000 which equals $88.32 per sq. ft. of living area. This condo was on the market for 4 days before going under contract and it sold for 101% above list price.

About the Banyan House Condos in Stuart FL:

Located on Saint Lucie Blvd in Stuart, FL, these condos are close to the Martin County Community Golf Club as well as the beaches and downtown Stuart. This complex was completed in 1980 and consists of 64 2 bedroom, 2 bathroom condos on either the first or second floor of these 4 identical 2 story buildings.

The Banyan House complex residents enjoy a heated pool and 2 tennis courts and a clubhouse as their amenities. All ages are welcome and up to 1 medium sized pet is also allowed. Rentals are also allowed with some restrictions. For 2018, the association fees are $427 per month. These fees include basic cable TV, landscape service, building insurance and maintenance, water and sewer, trash pickup, reserves and management services.

Children living in Banyan House currently attend the JD Parker elementary school, Stuart middle school and the Jensen Beach high school.

These Banyan House condos are much sought after because of their excellent location as well as being such a well-run and well-managed community. Condos tend to sell very quickly when they come on the market. Those interested in a Banyan House condo should contact us and be set up on a new listing notifier for this Stuart community.

Search here for any current listings in the Banyan House Condo Complex.

Banyan House Condos Stuart FL September 2018 Market Report

Hobe Sound FL 33455 Condo Market Report July 2018

08.28.18 by Gabe Sanders

Hobe Sound FL 33455 Condo Market Report July 2018

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for July 2018

For July 2018 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 5 active condo listings. (Increased by 1 condos from June)

5 Condos are pending and awaiting close. (Up by 1 condo from June)

3 Condos sold in July. (Unchanged from June)

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. The inventory of available condos has once again reached very small levels and this will impact future condo market activity in Hobe Sound. Yet, even with such little inventory, these condos are moving off the market quite fast.

The absorption rate for Hobe Sound condos was 1.3 months for July as compared to 6 months in June). 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 in percentages that do 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 July 2017 numbers were: 19 active listings, 3 pending sales, and 0 closed sales. Much better activity this year on hardly any inventory.

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Hobe Sound FL 33455 Condo Market Report July 2018

Jensen Beach FL 34957 Condo Market Report July 2018

08.24.18 by Gabe Sanders

Jensen Beach FL 34957 Condo Market Report July 2018

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for July 2018

For July 2018 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 87 active listings. (Decreased by 16 condos from June)

34 Condo sales are pending and awaiting settlement. (Down by 4 condos from June)

26 Condos Sold (Down by 5 condos from June)

The Jensen Beach FL 34957 Condo Market Report for July continued to show strong sales activity. Both pending and closed sales decreased slightly along with a little larger drop in the inventory of available condos for sale.

The one-month absorption rate for the July 2018, Jensen Beach Florida Market Report ZIP Code 34957 remained unchanged at 3.3 months (from 3.3 months in June), still a very strong seller’s market. A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The July 2017 numbers were: 93 active listings, 35 pending sales, and 32 condos closed. Slightly stronger activity last year.

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Jensen Beach FL 34957 Condo Market Report July 2018

Kingswood Condo August 2018 Market Report

08.17.18 by Gabe Sanders

Kingswood Condo August 2018 Market Report

August 2018 Market Report:

There are 6 condos currently for sale in the Kingswood condo community of Stuart FL. Listing prices are from $90,000 up to $159,000 for an average list price of $110,883 which equals $100.67 per sq. ft. of living area.

There are currently 2 condos under contract with list prices of $110,000 and $149,000 for an average list price for these pending sales of $129,500 or $104.78 per sq. ft. of living area. These two condos averaged 11 days on the market before going under contract.

26 condos have sold in the past 12 months. Ranging in sales price from $60,000 up to $156,000. The average sales price was $101,177 which works out to $88.95 per sq. ft. of living area. These condos sold on average of 106 days on market before going under contract and with sales prices at 95% of list price.

About Kingswood Condos in Stuart FL:

Kingswood Condos are located in the heart of Stuart and within walking distance of shopping, restaurants and medical facilities is the Kingswood Condominium complex of Stuart FL. Just a short ride out to the beaches or to historic downtown Stuart, this location is just difficult to beat.

Kingswood consists of 444 condominiums that were built from 1970 till 1995. There are various floor plans and sizes ranging from 2 Bedroom, 2 Bathroom condos with 1,236 sq. ft. of living area down to 1 Bedroom, 1 bathroom condos with 691 sq. ft. of living area.

Most of Kingswood’s buildings are two stories with condos on each floor, though there are three newer 4 story elevator buildings with some units offering views f the Saint Lucie River. There are three community pools in Kingswood.

HOA fees vary from size and location of the unit and are currently from just over $200 per month up to $360 per month. These fees cover the recreation area, building insurance, water, sewer, trash and pest control as well as basic cable TV.

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Kingswood Condo August 2018 Market Report

Affordable Jensen Beach Condo in Beacon 21 Sold

08.05.18 by Gabe Sanders

Affordable Jensen Beach Condo in Beacon 21 Sold

This condo was listed for $85,000 and was available for only 3 days before receiving multiple offers and has sold for the full asking price.

A wonderfully located 2 bedroom, 2 bathroom condo in Beacon 21 in Jensen Beach FL. This is a 55+ community with access to a community marina that offers ocean access slips for lease. This is also a pet-friendly building with one pet allowed. The “B” section of Beacon 21 has an open patio for barbecuing as well as an additional storage area and a coin-operated laundry room. One assigned covered parking spot and additional guest parking is available. There is a clubhouse, community pool, tennis and shuffleboard courts for residents to enjoy an active lifestyle. Beacon 21 is located within a few minutes’ drive to the Intracoastal Waterway as well as the beaches, shopping, and restaurants. This large and open furnished condo is available for immediate occupancy.

About the Beacon 21 Condos in Jensen Beach:

Beacon 21 in Jensen Beach is a low rise condominium development in Jensen Beach FL locate just north of the Saint Lucie River and off of NE Dixie Highway (State Road 707). This complex contains numerous types of condo buildings that were first built in 1973 and the last phase was completed in 1993.

There are sections in Beacon 21 that are age restricted to 55 and over while other sections are open to all ages. There are just over 270 individual condos with most of them being two bedrooms and all but a few having 2 bathrooms as well. These condos come in sizes ranging from 826 sq. ft. of interior living area up to 1,440.

Most of Beacon 21’s sections are pet-friendly allowing for one medium sized pet with some areas allowing up to 2. Rentals are also permitted with some restrictions.

There are three pools and three tennis courts as well as a clubhouse and shuffleboard courts for Beacon 21. And, as a bonus, there is dockage for smaller boats (up to 21’) with ocean access. These docks are available for lease at very reasonable rates when available on a first come first served basis for owners in the Beacon 21 complex.

HOA fees vary from $327.00 to $450.00 a month depending on the location of the condo (As of June 2017). Children living in Beacon 21 currently attend the Felix A Williams elementary school, Stuart middle school, and the Jensen Beach high school.

This complex is well located only minutes from the beaches, rivers and shopping areas of Jensen Beach and Stuart FL.

Search for available Beacon 21 condos in Jensen Beach

For more information about Jensen Beach FL real estate please visit https://www.gabesanders.com/area/jensen-beach

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(772) 888-2885
Real Estate of Florida

Affordable Jensen Beach Condo in Beacon 21 Sold

Hobe Sound FL 33455 Condo Market Report June 2018

07.30.18 by Gabe Sanders

Hobe Sound FL 33455 Condo Market Report June 2018

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for June 2018

For June 2018 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 4 active condo listings. (Decreased by 2 condos from May)

5 Condos are pending and awaiting close. (Unchanged from May)

3 Condos sold in June. (Increased by 2 condos from May)

The absorption rate for Hobe Sound condos was 1.3 months for June as compared to 6 months in May). 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 in percentages that do 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 June 2017 numbers were: 15 active listings, 4 pending sales, and 3 closed sales. Similar sales and pending activity to last year on an inventory that is two thirds less.

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Hobe Sound Florida Real Estate presented by:
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Hobe Sound FL 33455 Condo Market Report June 2018

Edgewater Villas Condominiums July 2018 Market Report

07.29.18 by Gabe Sanders

Edgewater Villas Condominiums July 2018 Market Report

For July 2018 there are no condos available for sale in the Edgewater Villas of Stuart FL.

There are no condos under contract at this time.

In the past 12 months, 3 Edgewater Villas condos have sold. The sales prices ranged from $345,000 up to $450,000 for an average sales price of $393,333 which equals $251.98 per sq. ft. of living area. These condos sold for an average of 97% of list price and went under contract in an average of 30 days on the market.