Palm Cove Golf and Yacht Club Open House December 8

Palm Cove Golf and Yacht Club Open House December 8

Come and join us in this Palm Cove Golf and Yacht Club custom pool home in this prestigious Palm City, Florida Golf and Yachting community.  The open house will be on Sunday, December 8 from 1 to 4 PM.

This Palm Cove Golf and Yacht Club Custom Home at 209 SW Hatteras Court is listed for $535,000.

Spacious Home in Palm Cove with over 3600 sq. ft. of living area.

Live the good life in Palm Cove. Community marina, non-equity golf & river front clubhouse. Outstanding custom home built by McNamara, updated by current owner. Innovative design & attention to detail will captivate you. Large entry hall, formal dining room, wood paneled office/4th bdrm, bath. Open living room w/ wet bar, fireplace, hardwood floors, tray ceiling, recessed lights. French doors to screened pool. covered lanai. Gourmet kitchen w/ stainless appliances, marble counters, pantry, center island. Two guest suites with baths.Over sized master includes large sitting area, tray ceiling, two walk in closets. Elegant marble master bath, double vanities. New roof, gutters, AC. Come and see this very special Palm Cove Golf and Yacht Club home.

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Palm Cove Golf and Yacht Club Open House December 8

December 2013 Market Update Westwood Country Estates Palm City

December 2013 Market Update Westwood Country Estates Palm City

As of December 2013, there are 4 homes on the market in Westwood Country Estates in Palm City, FL.  Listing prices range from $425,000 to $584,900 with an average of $192.63 per sq. ft. of living area.  None of these active listings are distressed sales.

There are no homes currently under contract (pending sales)

There have been 3 homes sold in the past 12 months in Westwood Country estates.  Sales prices ranged from $230,000 to $370,000 for an average of $111.26 per sq. ft. of living area.  One of these sales was a short sale and one was a bank owned foreclosure.

December 2013 Market Update Westwood Country Estates Palm City Florida

 

Westwood Country Estates in Palm City, FL  is a wide open, gorgeous community that features statuesque homes that are beautifully placed on oversized lots of ½ acre or more, that will give you and your family plenty of room to grow!  Wonderfully landscaped throughout, Westwood Country Estates will make you feel proud to come home to.  Every home is unique and there is sure to be one you will fall in love with!

Palm City is a great place to raise a family with its “A” rated schools and proximity to I-95 and Florida’s Turnpike which opens you to all the opportunities of both Martin County and it’s neighbors, just a short drive North or South!  Martin County has lots of recreational areas and opportunities to enjoy many opportunities outdoors with your family!

Westwood Country Estates Homes for Sale

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December 2013 Market Update Sewalls Landing

December 2013 Market Update Sewalls Landing

As of December 2013, there are no homes available for sale in Sewalls Landing.

Also, no homes currently under contract (pending sales)

In the past 12 months, 3 Sewalls Landing homes have sold.  Sales prices ranged from $520,000 to $605,000 for an average sales price of $160.52 per sq. ft. and at a 91% list to sales ratio.  One of these sales was a short sale.

 Sewalls Landing Jensen Beach FL

 Sewalls Landing is located at the northern tip of Sewalls Point, FL in Martin County.  Officially it is in Jensen Beach, but many residents of Sewalls landing consider themselves part of Sewalls Point.   Just across the street from the Dolphin Bar and Grill and within walking distance of marinas, boat ramps, Indian Riverside Park and much, much more.
Sewalls Landing Jensen Beach FLThis gated community consists of 51 home-sites (including 3 lots that are still vacant).  Homes in Sewalls Landing were built from 1992 to 2008 and are situated on generous sized lots from just under ½ acre to over ¾ of an acre.  Home sizes range from 2,000 to over 5,000 square feet of living areas.  Many homes feature 3 car garages.  Residents enjoy low HOA fees of $110 per month.
 
Sewalls Landing Jensen Beach FL

Children attend Felix Williams Elementary, Stuart Middle and Jensen Beach High Schools.  Easy access to the beaches as it’s just about equidistant from both the Stuart and Jensen Beach Causeways.  Close to shopping and medical facilities as well.  This is a much sought after community in Martin County, FL. 

 Sewalls Landing Jensen Beach FL
 

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December 2013 Market Update Sewalls Landing

December 2013 Market Update Cobblestone Country Club

 

December 2013 Market Update Cobblestone Country Club

There are currently 10 homes for sale in the Cobblestone Country Club of palm City, FL.  List prices range from $350,000 to 639,000 with an average asking price of $152.54 per sq. ft. of living area.  Only one short sale.

3 Homes are under contract and awaiting sale.  List prices were $450,000 and 499,000 for an average of $139.49 per sq. ft. of living area.   Two of these homes are short sales.

In the past 12 months, 9 homes have sold in the Cobblestone Country Club.  Sale prices ranged from $299,000 to $673,000 and the average sale price per sq. ft. of living area was $116,63.  There were 2 short sales and 3 bank owned foreclosures in this group of sales.

 

Cobblestone Country Club

December 2013 Market Update Cobblestone Country Club

Located just west of the center of Palm City, Cobblestone Country Club is a peaceful neighborhood of 512 acres with only 238 residences providing generous amounts of space around each home. This upscale community is adjacent to exit 110 on I-95 with easy access to all that Palm Beach County to the South and Orlando to the North, has to offer while enjoying the laid back low growth lifestyle, lower taxes and superior school systems that Martin County offers. Residents enjoy coming home to picturesque views of lakes, preserves and the 18-hole private Fox Golf Course in the Cobblestone Country Club. Homes in Cobblestone consist of new custom built homes and a selection of quality newer resales. 

December 2013 Market Update Cobblestone Country Club

December 2013 Market Update Cobblestone Country Club

Cobblestone Country Club Homes for Sale

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December 2013 Market Update Cobblestone Country Club

Price Reduced in Palm Cove Golf and Yacht Club Estate Home

Price Reduced in Palm Cove Golf and Yacht Club Estate Home

This Palm Cove Golf and Yacht Club Custom Home at 209 SW Hatteras Court is now listed for $535,000.
Home has brand new engineered hard wood floors as well as a fresh paint job.

Palm Cove Golf and Yacht Club Custom Home

Spacious Home in Palm Cove with over 3600 sq. ft. of living area.

 Palm Cove Golf and Yacht Club Custom Home

Live the good life in Palm Cove. Community marina, non-equity golf & river front clubhouse. Outstanding custom home built by McNamara, updated by current owner. Innovative design & attention to detail will captivate you. Large entry hall, formal dining room, wood paneled office/4th bdrm, bath. Open living room w/ wet bar, fireplace, hardwood floors, tray ceiling, recessed lights. French doors to screened pool. covered lanai. Gourmet kitchen w/ stainless appliances, marble counters, pantry, center island. Two guest suites with baths.Over sized master includes large sitting area, tray ceiling, two walk in closets. Elegant marble master bath, double vanities. New roof, gutters, AC. Come and see this very special Palm Cove Golf and Yacht Club home.

Palm Cove Golf and Yacht Club Custom Home

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Price Reduced in Palm Cove Golf and Yacht Club Estate Home

Stuart Florida Market Report ZIP Code 34996 Condo October 2013

Stuart Florida Market Report ZIP Code 34996 Condo October 2013

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for October 2013

For October 2013 in the 34996 Zip Code area of Stuart, Florida :

There are currently 171 active condo listings (Down 5 condos from last month).
Stuart Florida Market Report ZIP Code 34996 Condo October 2013

 

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

Stuart Florida Market Report ZIP Code 34996 Condo October 2013 

 

22 Condos Sold in October (Up by 5 from September) 

 Stuart Florida Market Report ZIP Code 34996 Condo October 2013

A steady real estate market for the Stuart Florida Market Report ZIP Code 34996 for Condos for October 2013.  Sales were up and pending sales continue to be strong (even if off by a little this month).   The inventory decreased again making fewer available condos for sale for buyers that are looking.

The current absorption rate for the Stuart Florida Market Report ZIP Code 34996 – Condo decreased to 7.8  months from September’s 10.4.  Still a buyers market for October of 2013, but very close to being balanced.  A balanced market is considered to occur when the absorption rate is 6 months.

The numbers for October 2012 were: 194 active listings, 26 pending sales and 17 closed sales.  We continue to outperform last years activity levels.

 

Please use the charts below as reference only as they rely on all residential types of property in the 34996 real estate market:

Stuart Florida Market Report ZIP Code 34996 Condo October 2013

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Stuart Florida Market Report ZIP Code 34996 Condo October 2013

Palm Cove Golf and Yacht Club Open House November 17

Palm Cove Golf and Yacht Club Open House November 17

Come and join us in this Palm Cove Golf and Yacht Club custom pool home in this prestigious Palm City, Florida Golf and Yachting community.  The open house will be on Sunday, November 17 from 1 to 4 PM.

This Palm Cove Golf and Yacht Club Custom Home at 209 SW Hatteras Court is listed for $535,000.

Spacious Home in Palm Cove with over 3600 sq. ft. of living area.

Live the good life in Palm Cove. Community marina, non-equity golf & river front clubhouse. Outstanding custom home built by McNamara, updated by current owner. Innovative design & attention to detail will captivate you. Large entry hall, formal dining room, wood paneled office/4th bdrm, bath. Open living room w/ wet bar, fireplace, hardwood floors, tray ceiling, recessed lights. French doors to screened pool. covered lanai. Gourmet kitchen w/ stainless appliances, marble counters, pantry, center island. Two guest suites with baths.Over sized master includes large sitting area, tray ceiling, two walk in closets. Elegant marble master bath, double vanities. New roof, gutters, AC. Come and see this very special Palm Cove Golf and Yacht Club home.

Search for All Palm Cove Golf and Yacht Club Homes for Sale

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is presented by:

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Palm Cove Golf and Yacht Club Open House November 17

Sewalls Point Residential Market Report October 2013

Sewalls Point Residential Market Report October 2013

Sewalls Point Real Estate Snapshot, Residential Sales for October 2013

 

There are currently 47 active listings (a decrease of 2 homes for sale from September)Sewalls Point Residential Market Report October 2013

 

7 Residential sales are pending and awaiting close or lender approval (No change from last month)Sewalls Point Residential Market Report October 2013

 

5 Homes sold in September (Up by 3 homes from September)Sewalls Point Residential Market Report October 2013

 

After a disappointing September, a little increased activity for October for the Sewalls Point residential market activity.  Sales increased to 5 homes (up from only two for September).  Pending sales remained unchanged, and not particularly good.   Inventory decreased by two homes.  The holiday season will soon be here which typically results in less foot traffic, but often some good sales numbers.

The absorption rate dropped to 9.4 months after last months atrocious 24.5 months.  Still a buyer’s market.  A 6 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to October of 2012, the inventory was 47 homes on the market, 17 pending sales and there were 7 closed sales.  Unfortunately, for Sewalls Point, 2013 is well under performing from last years numbers.

Please use the charts below as reference only as they rely on all residential types of property in the Sewalls Point real estate market:Sewalls Point Residential Market Report October 2013

 

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Sewalls Point, FL Real Estate

Rental Properties

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Sewalls Point Florida Real Estate presented by:
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Sewalls Point Market Report – Residential, October 2013

 

November 2013 Market Update High Point Sewalls Point

November 2013 Market Update High Point Sewalls Point

As of November 2013, there are 5 homes available for sale on High Point and High Point Isle in Sewalls Point, FL.   Listing prices range from $399,000 to $3,950,000.  The average price per square foot of living area is $367.01  There are no short sales or foreclosures in the available listings.

There is one High Point home under contract and awaiting close.  The list price is $1,399,000 or $336.06 per sq. ft. of living area.

In the past 12 months, 4 High Point homes have sold.  Sales prices ranged from $745,000 to $1,600,000 for an average sales price of $319.06 per sq. ft. and an 87% list to sales ratio.  None of these homes were distressed properties.

High Point in Sewalls Point, Florida


Located on the southern tip of Sewalls Point, High Point and High Point Isles is an oasis of beautiful homes on high elevation lots yet just minutes away from the clear blue waters of the Atlantic ocean.
 

High Point in Sewalls Point, Florida
High Point Isles is the eastern section of the High Point peninsula and consists of all waterfront homes in the intracoastal waterway and within sight of the Saint Lucie Inlet for access to the Atlantic.  Ringing the south and west circumference of High Point are additional waterfront estates with deep water, high elevation and spectacular views of the Saint Lucie and Indian Rivers.

 

High Point in Sewalls Point, Florida

 

The first home in High Point was built in 1963 and homes continue to be built as well as extensively renovated to this day.  There are both deep water estate sized lots (of over 2.5 acres) to interior lots of 1/3 of an acre.

High Point in Sewalls Point, FloridaHome sizes range from 2 bedroom, 2 bathroom cottages of 1,700 sq. ft. to estates of close to 14,000 sq. ft. of living area with 7 bedrooms and 9 bathrooms.

High Point in Sewalls Point, FloridaThere are no HOA fees in High Point and High Point Isles as this community is part of the town of Sewalls Point.  A wonderful community close to the beaches, waterways and many excellent amenities offered in Martin County, FL.

 

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November 2013 Market Update High Point Sewalls Point

Martin County Florida Condo Market Report for September 2013

Martin County Florida Condo Market Report for September 2013

 

Commentary:

The Martin County Florida Condo Market for September 2013 showed better numbers than in previous years on a year to year comparison.  Still a bit slower than we would like.  Inventory increased this month to 532 units (Inventory has been up and down the past few months with no real trend at this time).  It was back in 2005 when we had steady inventory levels below 600 units.  The median sales price increased in September and continues to be well above last year’s values.  Much of the median price results are driven by the mix of units selling.   Currently, prices on average appear to be holding steady with different communities showing some small gains (as well as some losses) depending on the individual community.

The one month absorption rate increased to 10.04 months from last months 9.46 months, while the three-month average is now at 9.45 months.  We’ve slipped back into a buyers market for martin County condos.  Generally an absorption rate of 6 or 7 months is considered a balanced market.

Higher interest rates remain troubling for the market in general, but is not as strong an issue for our condo market as we have a fairly high percentage of cash buyers.  If the economy continues it’s improvement, I expect another good season for the condo market in Martin County for the upcoming season.

Martin County Florida Condo Market Report for September 2013

Click on the charts for a larger view: 

 The Definition of Absorption Rate:
Number of months it takes to sell the current inventory at the present rate of sales. Knowing your area’s Absorption Rate, helps to track trends. Understanding the market and where it is headed is part of our job as real estate professionals. Absorption rate is NOT an exact science. Figuring it is based on the premise that one will be looking for a TREND. It is advised to consistently do the numbers each month, to be able to track a trend.

Martin County Florida Condo Market Report for September 2013

Martin County Florida Condo Market Report for September 2013Martin County Florida Condo Market Report for September 2013

Data compiled from the Realtor Association of Martin County

Martin County Florida Condo Market Report for September 2013

the Gabe Sanders real estate team

Condo Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

For more information about Florida’s Treasure Coast Real Estate, visit us at:

Stuart Florida Real Estate


Palm Cove Golf and Yacht Club Open House November 3

Palm Cove Golf and Yacht Club Open House November 3

Come and join us in this Palm Cove Golf and Yacht Club custom pool home in this prestigious Palm City, Florida Golf and Yachting community.  The open house will be on Sunday, November 3 from 1 to 4 PM.

This Palm Cove Golf and Yacht Club Custom Home at 209 SW Hatteras Court is listed for $545,000.

Spacious Home in Palm Cove with over 3600 sq. ft. of living area.

Live the good life in Palm Cove. Community marina, non-equity golf & river front clubhouse. Outstanding custom home built by McNamara, updated by current owner. Innovative design & attention to detail will captivate you. Large entry hall, formal dining room, wood paneled office/4th bdrm, bath. Open living room w/ wet bar, fireplace, hardwood floors, tray ceiling, recessed lights. French doors to screened pool. covered lanai. Gourmet kitchen w/ stainless appliances, marble counters, pantry, center island. Two guest suites with baths.Over sized master includes large sitting area, tray ceiling, two walk in closets. Elegant marble master bath, double vanities. New roof, gutters, AC. Come and see this very special Palm Cove Golf and Yacht Club home.

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Palm Cove Golf and Yacht Club Open House November 3

October 2013 Market Update Willoughby Golf Club

October 2013 Market Update Willoughby Golf Club

There are currently 21 homes on the market in the Willoughby Golf Club, ranging in price from $175,000 to $879,000.  The average price per sq. ft. of living area is $152.67.  Included in these listings are 1 short sale and 1 bank owned properties.

There is only one home currently under contract.  The list price is $659,000 or at $180.25 per sq. ft. of living area.

In the past 12 months, 14 homes have sold in the Willoughby Golf Club.  Sales prices ranged from $140,000 to $635,000 for an average of $136.62 per sq. ft. of living area.  None of these sales were short sales or foreclosures.

Willoughby Golf Club Real Estate 1

Willoughby Golf Club real estate can be found in the city of Stuart. Stuart is located in Martin County Florida and sits on the eastern coast of the Atlantic Ocean along what is commonly referred to as the Treasure Coast. Knowing the location of Willoughby Golf Club real estate is the first step in the right direction. You will soon realize though that the right direction becomes filled with so many benefits that it is hard not to wish of owning a piece of Willoughby Golf Club real estate.Willoughby Home 3

Willoughby Golf Club real estate and surrounding area is made up of a 403-acre, private golf community. The golf club memberships entitle the members to enjoyment of a championship and challenging Arthur Hills designed golf course. Of the 403 acres over 200 are devoted to nature preserves, lakes and the golf course itself. This allows the residents in Willoughby Golf Club real estate to enjoy a low inhabitant’s environment and the splendors of the beautiful climate found along Florida’s coast.

Willoughby Home 2

Willoughby Golf Club real estate home sites are complimented by the numerous activities and events that take place in the town of Stuart along with noteworthy locations.

  • Restored downtown with historical landmarks
  • exclusive shops
  • distinctive restaurants
  • an executive airport
  • highly viewed schools
  • library
  • outstanding professional and medical facilities
  • a regional mall
  • many cultural happenings

Willoughby View 1

The Atlantic Ocean is accessible via the St. Lucie Inlet and there are protected inland waterways offering boating and fishing excursions. This is no surprise since Stuart properties are located in the “Sailfish Capital of the World”. Stuart also has miles of pristine beaches.Willoughby Pool 2

 

A short drive south will take you to Palm Beach County with its fashionable shopping, assorted well reputable dining, the Raymond F. Kravis Center and Palm Beach International Airport.

The community comprised of Willoughby Golf Club real estate sites also has a plethora of amenities.

  • Private and gated community
  • Security patrol including 24-hour manned gatehouse
  • All residences security monitored
  • Practice range, putting green, chipping area and private teaching area
  • PGA certified professionals running the Pro shop
  • Pool facilities
  • Multiple tennis courts
  • Tennis pro on staff
  • Sundeck and cabana
  • Outside informal dining area
  • Clubhouse
  • 25,000+ sq. ft. newly remodeled building
  • Dining Room, Grille room
  • Rooms for private functions including a lounge area
  • Locker rooms and card rooms for both ladies and gentlemen
  • Organized activities, including golf and tennis tournaments
  • Private community TV channel
  • Planned entertainment

The homes of Willoughby Golf Course real estate are divided into different categories. The entire area is made up of nine different neighborhoods, each as fine as the next. You can choose from various floor plans and styles. Golf homes are typically smaller than the estate homes and begin at approximately $300,000. The estate homes, on average, start around $525,000.

Here are the currently available homes for sale in the Willoughby Golf Club

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October 2013 Market Update Willoughby Golf Club

Stuart Florida Market Report ZIP Code 34996 Condo September 2013

Stuart Florida Market Report ZIP Code 34996 Condo September 2013

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for September 2013

For September 2013 in the 34996 Zip Code area of Stuart, Florida :

There are currently 176 active condo listings (Down 2 from last month).
Stuart Florida Market Report ZIP Code 34996 Condo September 2013

 

35 Condo sales are pending and awaiting close or lender approval (An increase of 13 condos from August).

 Stuart Florida Market Report ZIP Code 34996 Condo September 2013

 

 

 

17 Condos Sold in September (Up by 4 from August)  Stuart Florida Market Report ZIP Code 34996 Condo September 2013

 

After a slow August the Stuart Florida Market Report ZIP Code 34996 for Condos for September 2013 showed aa nice little rebound, even while other areas are still struggling.   Both pending and closed sales increased from August and the inventory remains fairly steady.  We are currently in the slower season for condo sales and I am pleased to see the increased activity in condo sales in the 34996 zip code area of Stuart.

The current absorption rate for the Stuart Florida Market Report ZIP Code 34996 – Condo decreased to 10.4  months from August’s 13.7.  Still a buyers market in September of 2013.  A balanced market is considered to occur when the absorption rate is 6 months.

The numbers for September 2012 were: 198 active listings, 28 pending sales and 8 closed sales.   Considerably better activity for this year as compared to last, especially when the reduced inventory is considered.

 

Please use the charts below as reference only as they rely on all residential types of property in the 34996 real estate market:Stuart Florida Market Report ZIP Code 34996 Condo September 2013

 

Search here for Stuart Florida Real Estate for Sale ( Condos)

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Stuart Florida Market Report ZIP Code 34996 Condo September 2013

Price Reduced in Palm Cove Golf and Yacht Club

Price Reduced in Palm Cove Golf and Yacht Club

This is a short sale and we have a previous lender approval.  A quick closing is a strong possibility.  Please call Gabe Sanders for details.

Absolutely fantastic opportunity for the buyer with a vision and desire to live in the prestigious Palm Cove Golf and Yacht Club community.  This spacious pool home located at 209 SW Hatteras Court has now been reduced to  $545,000

Palm Cove Golf and Yacht Club Custom Home

Spacious Home in Palm Cove with over 3600 sq. ft. of living area.

 Palm Cove Golf and Yacht Club Custom Home

Live the good life in Palm Cove. Community marina, non-equity golf & river front clubhouse. Outstanding custom home, built by McNamara, updated by current owner. Innovative design & attention to detail will captivate you. Large entry hall, formal dining room, wood-paneled office/4th bedroom, bath. Open living room w/ wet bar, fireplace, hardwood floors, tray ceiling, recessed lights. French doors to screened pool. covered lanai. Gourmet kitchen w/ stainless appliances, marble counters, pantry, center island. Two guest suites with baths.Over sized master includes large sitting area, tray ceiling, two walk in closets. Elegant marble master bath, double vanities. New roof, gutters, AC. Come and see this very special Palm Cove Golf and Yacht Club home.

Palm Cove Golf and Yacht Club Custom Home

Search for All Palm Cove Golf and Yacht Club Homes for Sale
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Price Reduced in Palm Cove Golf and Yacht Club

 

Sewalls Point Residential Market Report September 2013

Sewalls Point Residential Market Report September 2013

Sewalls Point Real Estate Snapshot, Residential Sales for September 2013

 

There are currently 49 active listings (an increase of 3 homes for sale from August)

Sewalls Point Residential Market Snapshot for Sept 2013

7 Residential sales are pending and awaiting close or lender approval (Up 1 from last month)Sewalls Point Residential Market Snapshot for Sept 2013

 

2 Homes sold in August (A decrease of 5 homes from August)Sewalls Point Residential Market Snapshot for Sept 2013

 

The Sewalls Point residential real estate market is having a slow summer.   For September 2013 sales were down significantly as only 2 homes sold.  Pending sales were up by 1 home, though still not a very high number.  We are into the slower months of our real estate market and there is also a lot of unease with the current economy, so we will hope for an increase in activity soon.  Though it may not happen till after the holidays.

The absorption rate jumped dramatically to 24.5 months.  Once again into a buyers market.  A 6 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to September of 2012, the inventory was 50 homes on the market, 20 pending sales and there were 3 closed sales.  The biggest difference from last year is the much lower pending inventory in 2013.  Not a good sign for sales in the immediate future.Sewalls Point Residential Market Snapshot for Sept 2013

Please use the charts below as reference only as they rely on all residential types of property in the Sewalls Point real estate market:

 

Search here for Sewalls Point Florida Real Estate for Sale

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Sewalls Point, FL Real Estate

 

Sewalls Point Florida Real Estate presented by:
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Sewalls Point Market Report – Residential, September 2013

 

October 2013 Market Update Admiralty Condos Palm City FL

October 2013 Market Update Admiralty Condos Palm City FL

As of October 2013, there is only 1 condo on the market in the Admiralty Condos.   This condo is listed for $715,000 which equates to $250 per square foot of living area.

There are two condos under contract and awaiting settlement.  The listing prices are $$439,000 and $699,000 which equates to an average of $240.32 per sq. ft. of living area.

In the past 12 months, 5 Admiralty condos have sold.  Sales prices ranged from $405,000 to $675,000 for an average sales price of $220.75 per sq. ft. and a 94% list to sales ratio.  None of the above listings or sales were short sales or foreclosures.

 the Admiralty in Palm City FL

 
The Admiralty Condos are situated directly by the beautiful Saint Lucie River are an ocean lover’s haven.  Located in desirable Palm City, The Admiralty features large balconies facing the pristine waters of the saint Lucie River with perfect sunrise views.  The varieties of 3 and 4 bedroom floor plans come with amenities such as 2 full car garages and additional storage space.
 
the Admiralty in Palm City FL
 
With safety and security in mind, the community is gated and the luxurious and spacious condo’s come equipped with hurricane windows and doors along with a 22 slip protected marina for the residents use. Enjoy the heated pool, clubhouse, meeting room, and exercise room.
the Admiralty in Palm City FL
 
Current Condo association fees in the Admiralty range from the $700 to under $900 dollars per month depending on the unit size.  There are five buildings which make up the Admiralty condo complex in Palm City, Florida.  Three of which were built in 1989-1990.  The two newer buildings were completed in 2005.  These condos offer unparalleled luxury and spaciousness for the price.  Equivalent condos on the Ocean with these amenities are either non-existent or will cost well over $1 million dollars.
 
the Admiralty in Palm City FL
 
The Admiralty is close to fantastic schools such as Martin County High School, Hidden Oaks Middle School, and Bessey Creek Elementary. There are also plenty of restaurants and entertainment areas in and around this wonderful area!

 

Search here for:

Admiralty Condos Homes for Sale in Palm City Florida

 

 

October 2013 Market Update Admiralty Condos Palm City FL 

October 2013 Market Update Stuart West Palm City

October 2013 Market Update Stuart West Palm City

There are currently 6 homes for sale in Stuart West.  List prices range from $469,900 to 659,000 with an average asking price of $150.97 per sq. ft. of living area.  None of the current listings are short sales or bank owned properties.

1 Home is under contract and awaiting sale.  The listed price was $499,900 for an average of $131.14 per sq. ft. of living area.   This is a bank owned foreclosure.

In the past 12 months, 11 homes have sold in the Stuart West.  Sale prices ranged from $210,000 to $850,000 and the average sale price per sq. ft. of living area was $127.90.  3 of these sales were short sales and 1 was a bank owned property.

 Stuart West in Palm City FL

Stuart West is an upscale gated equestrian community located adjacent to the Stuart West and the Fox Club in western Palm City.  Just off the I-95 exit, Stuart West is an easy commute for those who work either south or north of Martin County, yet want to enjoy the superior amenities that Palm City has to offer.

Stuart West in Palm City FL

Stuart West resides on over 1,000 acres of pristine land with 249 home sites ranging from 2 to over 10 acres.  There is over 11 miles of waterways located throughout the community which makes for an idyllic setting for this family friendly equestrian community.

Stuart West in Palm City FL

Community amenities include a playground, community boat ramp to the C-23 canal, a 10 acre equestrian center, 24 hour manned security gate (shared with Cobblestone) and security patrols, and an underground cable and routing system for the best high end internet connectivity.  All of this in Martin County’s ‘A’ rated school system.  And school bus service is provided inside the community.

Stuart West in Palm City FL

Currently, Stuart West’s children attend Citrus Grove Elementary, Hidden Oaks Middle and South Fork High Schools.

Home construction started in Stuart West in 1984 and continues to this day with approximately 52 vacant lots yet to be built upon.  Though many of these lots are being kept as pastures by the adjacent homeowners.   Home sizes range from 3 Bedroom, 2 Bath homes of around 2,000 sq. ft. of living area all the way to 7 Bedroom, 5 Bathroom estates with over 5,500 sq. ft. under air.  The HOA fee is a very reasonable $121 per month which covers security and all the amenities this wonderful community has to offer.

Stuart West in Palm City FL

More information about Stuart West can be found on their property owners’ website here.

 

Stuart West Homes for Sale

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Vacant Land for Sale in Stuart West

October 2013 Market Update Stuart West Palm City

Martin County Florida Condo Market Report for August 2013

Martin County Florida Condo Market Report for August 2013

 

Commentary:

The Martin County Florida Condo Market for August 2013 showed better numbers than in previous years on a year to year comparison.  Still a bit slower than we would like.  Inventory decreased to 511 units (after a nice little jump last month).  It was back in 2005 when we had steady inventory levels below 600 units.  The median sales price decreased in August indicating the mix of sales has once again shifted to the less expensive mainland condos, though still above last year’s value significantly.  Much of the median price results are driven by the mix of units selling.  We had a good number of higher end waterfront condos sell in previous months.  And, while prices are not declining any more in the overall market, they also are not making any large increases at this time.  Prices remain very sensitive to the community and the available competition.

The one month absorption rate increased to 9.46 months from last months 8.92 months, while the three-month average is now at 8.5 months.  We’ve slipped back into a buyers market for martin County condos.  Generally an absorption rate of 6 or 7 months is considered a balanced market.

Higher interest rates remain troubling for the market in general, but is not as strong an issue for our condo market as we have a fairly high percentage of cash buyers.  If the economy continues it’s improvement, I expect another good season for the condo market in Martin County for the upcoming year.

Click on the charts for a larger view:Martin County Condo Market Report August 2013

 

  Martin County Condo Market Report August 2013

 The Definition of Absorption Rate:
Number of months it takes to sell the current inventory at the present rate of sales. Knowing your area’s Absorption Rate, helps to track trends. Understanding the market and where it is headed is part of our job as real estate professionals. Absorption rate is NOT an exact science. Figuring it is based on the premise that one will be looking for a TREND. It is advised to consistently do the numbers each month, to be able to track a trend.Martin County Condo Market Report August 2013

Martin County Condo Market Report August 2013

 

Data compiled from the Realtor Association of Martin County

Martin County Florida Condo Market Report for August 2013

the Gabe Sanders real estate team

Condo Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

For more information about Florida’s Treasure Coast Real Estate, visit us at:

Stuart Florida Real Estate


Palm Cove Golf and Yacht Club Open House Oct 6

Palm Cove Golf and Yacht Club Open House Oct 6

Come and join us in this Palm Cove Golf and Yacht Club custom pool home in this prestigious Palm City, Florida Golf and Yachting community.  The open house will be on Sunday, Oct 6 from 1 to 4 PM.

This Palm Cove Golf and Yacht Club Custom Home at 209 SW Hatteras Court is listed for $555,000.  Ask about our special offer valid during this open house.  Available only during the open house for those that attend.

Spacious Home in Palm Cove with over 3600 sq. ft. of living area.

Live the good life in Palm Cove. Community marina, non-equity golf & river front clubhouse. Outstanding custom home built by McNamara, updated by current owner. Innovative design & attention to detail will captivate you. Large entry hall, formal dining room, wood paneled office/4th bdrm, bath. Open living room w/ wet bar, fireplace, hardwood floors, tray ceiling, recessed lights. French doors to screened pool. covered lanai. Gourmet kitchen w/ stainless appliances, marble counters, pantry, center island. Two guest suites with baths.Over sized master includes large sitting area, tray ceiling, two walk in closets. Elegant marble master bath, double vanities. New roof, gutters, AC. Come and see this very special Palm Cove Golf and Yacht Club home.

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Palm Cove Golf and Yacht Club Open House Oct 6

4144 SW Osprey Creek Way For Sale

4144 SW Osprey Creek Way For Sale

New on the market, 4144 SW Osprey Creek Way in the Martin Down Country Club is available for purchase.

Rarely on the market. 2 bedroom plus den/office or possible 3 bedroom, 2 bathroom, 1 car garage home in Martin Downs Country Club.  Private rear paver patio that’s perfect for entertaining.  Large kitchen with breakfast area, separate dining, Florida and living rooms.

Martin Downs is a guard gated community that offers memberships for golf, tennis and social.  Two large pools, workout room, Tiki Sports Bar and Main Dining Room. A rated schools, Public Parks, Dining, Entertainment, Boating, Fishing, Horseback Riding and other activities just minutes away.  Live the country club lifestyle at an affordable price.

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4144 SW Osprey Creek Way For Sale