Great New Price for this Rocky Point Home with Boating Access

4575 SE Manatee Terrace in Rocky Point, Stuart, FL can now be yours for only $260,000.

Adorable 2 bedroom, possible 3 bedroom home located in desirable ROCKY POINT. Property has a water view of the Manatee Pocket from the back yard. Located on an oversize lot with plenty of room to expand, put in a pool or full size garage. CBS construction with terrazzo floors throughout and open floor plan. Kitchen has breakfast bar and Corian counter tops. Screened in back porch and covered front porch. Large carport with equipment closet. Located at the end of the street just 1 house in from the water. Comes with a deeded boat ramp with water access just across the street. Boat slip rentals within walking distance. Hang your hammock under the large mango tree and enjoy Florida living.

Rocky Point in Stuart, FL is a wonderful boating oriented community located just off the Saint Lucie Inlet in beautiful Martin County Florida. Originally a fishing village because of its proximity to the Atlantic Ocean; Rocky Point is now a wonderful family community with a variety of different neighborhoods. Most of Rocky Point is still oriented towards fisherman and boaters with many of the neighborhoods having access to docks, marinas and/or boat ramps. Some neighborhoods have deeded dock rights as well as privately owned ramps and launch facilities. There is also a selection of some luxury waterfront homes with private docks located only a short few minutes cruise to the open Ocean via the Saint Lucie Inlet and within a day’s round trip to the Bahamas.

Bordering Rocky Point to the north and west is the Manatee Pocket. Home of the original Stuart Sailfish fleet (Stuart continues to proudly boast that it’s the ‘Sailfish Capitol of the World’). Now home to a number of Marinas, Charter fleets and the famous Chapman School of Seamanship as well as quite a few excellent restaurants serving the freshest seafood arriving from the Ocean straight to the kitchens daily.

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Great New Price for this Rocky Point Home with Boating Access

Jensen Beach FL 34957 Condo Market Report December 2015

01.20.16 by Gabe Sanders

Jensen Beach FL 34957 Condo Market Report December 2015

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for December 2015

For December 2015 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 37 active listings. (Increased by 1 condos from November)

12 Condo sales are pending and awaiting settlement. (Decreased by 5 condos from November)

7 Condos Sold (Increased by 5 condos from November)

The Jensen Beach FL 34957 Condo Market Report December 2015 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic. Pending sales were down for December while there was a nice increase in closed sales.

The one month absorption rate for the December 2015, Jensen Beach Florida Market Report ZIP Code 34957 plunged to 5.3 months (from 18 months in November), bringing this segment of the Martin County condo market back into a sellers market again, after one month as a buyers market. A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The December 2014 numbers were: 44 active listings, 15 pending sales and 5 condos closed. Very similar numbers when compared to last year’s activity.

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Jensen Beach FL 34957 Condo Market Report December 2015

Jensen Beach FL 34957 Residential Market Report December 2015

01.19.16 by Gabe Sanders

Jensen Beach FL 34957 Residential Market Report December 2015

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for December 2015

For December 2015 in the 34957 Zip Code area of Jensen Beach, Florida :

There are currently 121 active listings. (Down by 1 homes from last month)

68 Residential sales are pending and awaiting close or lender approval. (Down by 2 homes from November)

28 Homes Sold (Increased by 10 homes from November)

The Jensen Beach FL 34957 Residential Market had a very nice jump in closed sales for December while both pending sales and invenotry were basically unchanged.

The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 increased to 4.3 months (was 6.8 months in November). Slid right back into a sellers market after a one month stint in a balanced market. A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.

The December 2014 numbers were: 140 active listings, 56 pending sales and 33 home sales closed. A little greater closed activity last year, but better pending sales this year and all with a reduced inventory from last year.

Jensen Beach FL 34957 Residential Market Report December 2015

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Jensen Beach FL 34957 Residential Market Report December 2015

Palm City FL 34990 Residential Market Report December 2015

01.17.16 by Gabe Sanders

Palm City FL 34990 Residential Market Report December 2015

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for December 2015

For December 2015 in the 34990 Zip Code area of Palm City Florida :

There are currently 375 active listings (Decreased by 14 homes from November)

114 Residential sales are pending and awaiting close or lender approval. (Decreased by 8 homes from last month)

60 Homes Sold in November (Increased by 13 sold homes from November)

After a fairly weak November, the Palm City FL 34990 came back strong for December. Unfortunately the inventory decreased this month after some much needed increases in the past few months. Pending sales were off a little while we had a nice jump in closed sales.

The current absorption rate increased to to 6.3 months from 8.3 months in November. Back into a balanced market for the Palm City zip code 34990 area for residential sales. A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The December 2014 numbers were: 431 active listings, 116 pending sales and 76 closed sales. Better closed activity last year, though pending sales are just as strong this year even with the reduced inventory.

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Palm City FL 34990 Residential Market Report December 2015

Stuart FL 34996 Condo Market Report December 2015

01.14.16 by Gabe Sanders

Stuart FL 34996 Condo Market Report December 2015

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for December 2015

For December 2015 in the 34996 Zip Code area of Stuart, Florida :

There are currently 102 active condo listings (Up by 8 condos last month).

31 Condo sales are pending and awaiting close or lender approval (Decreased by 1 condos from November).

18 Condos Sold in December (Increased by 2 condos from November)

The Stuart FL 34996 Condo Market of Stuart continues to do well. Another increase in inventory that we were in bad need of. And, pending and closed sales continue to do well.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 decreased to 5.7 months from November’s 5.9 months. A small move towards a sellers market. A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for December 2014 were: 142 active listings, 47 pending sales and 21 closed sales. Somewhat slower market activity for 2015 as compared to last year, though in large measure due to the reduced inventory of available condos for sale.

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Stuart FL 34996 Condo Market Report December 2015

January 2016 Market Report Circle Bay Waterfront Condos Stuart FL

01.08.16 by Gabe Sanders

January 2016 Market Report Circle Bay Waterfront Condos Stuart FL

As of January 2016, there are 7 condos for sale in the Circle Bay Yacht Club of Stuart FL. Listing prices range from $149,900 to $215,000. The average listing price $176,528 which equals a price per square foot of living area of $176.93.

There are 4 Circle Bay condos under contract and awaiting close. The list prices are from $129,900 to $259,000 for an average list price of $174,400 which equals $162.18 per sq. ft. of living area. These condos averaged 123 days on market prior to receiving an acceptable offer.

In the past 12 months, 19 Circle Bay Waterfront Condos have sold. Sales prices ranged from $90,000 to $220,000 for an average sales price of $160,060 which is $154.08 per sq. ft. These condos sold for an average of 94% of the last listed price and in an average of 118 days on market prior to accepting an offer that resulted in the sale.

The Circle Bay condo complex is a waterfront 55+ condo community with docks (for boats up to 36′) that have easy wide river and ocean access. Docks are not deeded, rather rented at reasonable monthly rates. Heated pools, clubhouse, grills, etc. are some of the numerous amenities available for residents of the Circle Bay Yacht Club. Rentals are permitted with restrictions. Sorry, no pets. Circle Bay has both elevator and non-elevator buildings. Covered car ports.

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January 2016 Market Report Circle Bay Waterfront Condos Stuart FL

Furnished River Pines Townhouse Stuart FL New Price

01.07.16 by Gabe Sanders

Furnished River Pines Townhouse Stuart FL New Price

6207 SE Riverboat Drive in River Pines, Stuart, FL has a new price! Now only $142,000 and this spacious and furnished townhouse could be yours.

Spacious Townhouse with private quiet location in River Pines. Only a short walk or bike ride to the Intracoastal with kayak storage and launch, or just fish from the dock. Boat ramps also nearby.

All ages welcome and 2 medium pets permitted. 2 reserved parking spots with additional guest parking. 2 Community pools, tennis courts and racquetball/handball courts. Exceptionally well run community with excellent financials. Residents have the option of joining the Miles Grant golf club (just across the street)

Located just off the Intracoastal Waterway off of Cove Road in Stuart is the River Pines community. 396 private residences in quad style town-homes. This community was built in 1981 and 1982 and all homes are 1288 sq. ft. of living area with 2 bedrooms and 2 and ½ baths. There are large private courtyards for each home, some of which the residents have enclosed for added living area.

Only a short walk or bike ride to the Saint Lucie River with access for kayak launch. Boat ramps also nearby. All ages are welcome and 2 small pets are permitted. Each home has 2 reserved parking spots with additional guest parking. Amenities include 2 Community pools, tennis courts and racquetball/handball courts. There’s also a private preserve adjacent to the Intracoastal available exclusively for residents use.

A very well run community with excellent financials. Residents have the option of joining the Miles Grant golf club (just across the street).

As of October, 2015 HOA fees were $160 per month.

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Furnished River Pines Townhouse Stuart FL New Price

Great Price for this Stuart Home with Boating Access

01.03.16 by Gabe Sanders

Great Price for this Stuart Home with Boating Access

4575 SE Manatee Terrace in Rocky Point, Stuart, FL has been reduced to $270,000. Across the street from an ocean access boat ramp and plenty of room to store your boat and trailer on this lot.

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Great Price for this Stuart Home with Boating Access

Hobe Sound FL 33455 Residential Market Report November 2015

12.20.15 by Gabe Sanders

Hobe Sound FL 33455 Residential Market Report November 2015

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for November 2015

For November 2015 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 166 active listings. (Down by 6 homes from October)

75 Residential sales are pending and awaiting close (Up by 7 homes from October)

28 Homes Sold in November (Down by 16 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County showed less sale as compared to last month, bur continued strong activity and a very good number of pending sales, indicating strong sales for the near future. After a couple of months of increased inventory, the trend reversed for November.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 5.9 months (3.9 months in October). Just shy of a balanced market for November. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for November 2014 were: 243 active listings, 71 pending sales and 20 closed sales. Considerably better activity this year with a much reduced inventory.

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Hobe Sound FL 33455 Residential Market Report November 2015

Jensen Beach FL 34957 Condo Market Report November 2015

12.19.15 by Gabe Sanders

Jensen Beach FL 34957 Condo Market Report November 2015

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for November 2015

For November 2015 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 36 active listings. (Increased by 12 condos from October)

17 Condo sales are pending and awaiting settlement. (Unchanged from October)

2 Condos Sold (Decreased by 2 condos from October)

The Jensen Beach FL 34957 Condo Market Report November 2015 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic. Nice big jump in inventory for the month, bringing us closer to what we had last year. Though, activity this month was pretty weak.

The one month absorption rate for the November 2015, Jensen Beach Florida Market Report ZIP Code 34957 rose to 18 months (from 6 months in October), bringing this segment of the Martin County condo market back into a strong buyers market for the first time in quite a while. A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The November 2014 numbers were: 38 active listings, 15 pending sales and 4 condos closed. Slightly weaker activity for Jensen Beach condos this year as compared to last.

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Jensen Beach FL 34957 Condo Market Report November 2015

Jensen Beach FL 34957 Residential Market Report November 2015

12.18.15 by Gabe Sanders

Jensen Beach FL 34957 Residential Market Report November 2015

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for November 2015

For November 2015 in the 34957 Zip Code area of Jensen Beach, Florida :

There are currently 122 active listings. (Up by 3 homes from last month)

70 Residential sales are pending and awaiting close or lender approval. (Up by 22 homes from October)

18 Homes Sold (Decreased by 9 homes from October)

The Jensen Beach FL 34957 Residential Market continues to be a strong market. Closed sales were off some for November, though with the large increase in pending sales, this should indicate strong sales continuing through the holiday season. Also, nice to see some increase in inventory, even if it was just a small bump.

The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 increased to 6.8 months (was 4.9 months in October). Back into a balanced market for Jensen Beach residential home sales. A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.

The November 2014 numbers were: 134 active listings, 55 pending sales and 24 home sales closed. Better closed activity last year, though with the greater pending activity for this year, this may soon change.

Jensen Beach FL 34957 Residential Market Report November 2015

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Jensen Beach FL 34957 Residential Market Report November 2015

December 2015 Market Update Windjammer Waterfront Condos Stuart FL

12.18.15 by Gabe Sanders

December 2015 Market Update Windjammer Waterfront Condos Stuart FL

As of December 2015, there are 4 condos on the market in the Windjammer Yacht Club of Stuart FL. Listing prices range from $149,900 to $247,500. The average list price is $188,700 which equates to a price per square foot of living area of $158.44.

Currently, there are 2 condos under contract which have not sold as of this writing. These 2 condos were listed for $139,900 and $185,000 for an average list price of $162,450 or $136.40 per sq. ft. of living area. These two condos averaged 176 days on market prior to receiving an accepted offer.

In the past 12 months, 16 Windjammer Waterfront Condos have sold. Sales prices ranged from $90,000 to $236,000 for an average sales price of $146,821 which equals $122.82 per sq. ft. These condos sold for an average of 95% of the last list price and were on the market for an average of 97 days prior to accepting an offer.

Windjammer is a senior (55+) community of waterfront condos in Stuart, FL on the South Fork of the wide Saint Lucie River with easy ocean access. There are 130 2 bedroom, 2 bathroom condos with porches.

Docks are deeded to the condos and are owned by the unit owners. (Not every condo has an accompanying dock) Dock sizes vary and go up to a 16′ beam and 40′ length. Rentals are allowed with restrictions and 1 small pet is also allowed.

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December 2015 Market Update Windjammer Waterfront Condos Stuart FL

Palm City FL 34990 Residential Market Report November 2015

12.16.15 by Gabe Sanders

Palm City FL 34990 Residential Market Report November 2015

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for November 2015

For November 2015 in the 34990 Zip Code area of Palm City Florida :

There are currently 389 active listings (Increased by 12 homes from October)

122 Residential sales are pending and awaiting close or lender approval. (Decreased by 15 homes from last month)

47 Homes Sold in October (Decreased by 11 sold homes from October)

After a very strong October, the Palm City FL 34990 had a moderating month for November. The inventory continues to see some increases, while both pending and closed sales were off. Whether this is a result of the holiday season or possibly prices having risen to fast, I just can’t tell at this point, but this development bears watching.

The current absorption rate increased to to 8.3 months from 6.5 months in October. Into a buyers market for the Palm City zip code 34990 area for residential sales. A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The November 2014 numbers were: 433 active listings, 124 pending sales and 56 closed sales. A little less volume of closed sales as compared to last year. Though, still with less inventory also.

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Palm City FL 34990 Residential Market Report November 2015

New Price for Rocky Point Home with Boating Access

12.15.15 by Gabe Sanders

Rocky Point Home with Boating Access Reduced

4575 SE Manatee Terrace in Rocky Point, Stuart, FL has been reduced to $275,000.

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New Price for Rocky Point Home with Boating Access

Stuart FL 34996 Condo Market Report November 2015

12.13.15 by Gabe Sanders

Stuart FL 34996 Condo Market Report November 2015

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for November 2015

For November 2015 in the 34996 Zip Code area of Stuart, Florida :

There are currently 94 active condo listings (Up by 15 condos last month).

32 Condo sales are pending and awaiting close or lender approval (Increased by 3 condos from October).

16 Condos Sold in November (Decreased by 10 condos from October)

The Stuart FL 34996 Condo Market of Stuart continues to do well. The inventory had a nice increase, now two months in a row, as well as an increase in the number of pending sales. Unfortunately, closed sales were off for November. Though, I suspect the number of sales will rise dramatically as we enter the season in the next few months.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 rose to 5.9 months from October’s 3.0 months. Approaching a balanced market after numerous months of a very strong sellers market. A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for November 2014 were: 144 active listings, 48 pending sales and 24 closed sales. Much better closed and pending volume last year, though the inventory of available condos is still lower by a considerable margin.

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Stuart FL 34996 Condo Market Report November 2015

Plantation House Condos Indian River Plantation December 2015 Market Report

12.02.15 by Gabe Sanders

Plantation House Condos Indian River Plantation December 2015 Market Report

There are currently no active listings in the Plantation House of Hutchinson Island.

There are no currently pending sales in the Plantation House.

Five condos sold in the Plantation House in the past 12 months. The sales prices ranged from $312,500 to $432,500 for an average sales price of $373,500 or $261.96 per sq. ft. of living area. These condos sold for an average of 92% of the last listed price and went under contract in an average of 163 days after going on the market.

Located on the shores of the Atlantic Ocean, the Plantation House Condos are within the Indian River Plantation are of South Hutchinson Island which is the finest resort community in Martin County/Stuart FL.

The Plantation House was built in 1979 and has 39 2 bedroom, 2 bathroom condos that range in size from 1249 sq. ft. of living area up to 1393 sq. ft. All units have Ocean Views. There’s an Oceanside pool as well as under building parking and some free standing garages that come with the Plantation House condos.

Current condo and management fees are around $567 per month.

Indian River Plantation amenities include a golf course, full service marina, tennis courts, tiki bar and shuttle service around the complex and to the Hutchinson Island Marriott resort facilities.

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Other 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, Resort Villas, River Village, Riverbend, Riverwood, Tennis Villas

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

Plantation House Condos Indian River Plantation December 2015 Market Report

Hobe Sound FL 33455 Residential Market Report October 2015

11.20.15 by Gabe Sanders

Hobe Sound FL 33455 Residential Market Report October 2015

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for October 2015

For October 2015 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 172 active listings. (Up by 10 homes from September)

68 Residential sales are pending and awaiting close (Down by 21 homes from September)

44 Homes Sold in October (Up by 12 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County has finally had a couple of months of increased inventory. This was sorely needed as the pool of available homes for sale was getting to a historically low level. And, activity continues to be very strong in this market, even as we approach our slower off season.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped down to 3.9 months (5.1 months in September). Even a stronger sellers’ market for Hobe Sound, after edging closer to a healthier balanced market last month. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for October 2014 were: 250 active listings, 55 pending sales and 58 closed sales. Better closed activity last year, though our pending numbers are higher for 2015. All of this with a considerably reduced inventory.