March 2013 Market Update for Island Dunes Condos on Hutchinson Island

March 2013 Market Update for Island Dunes Condos on Hutchinson Island

March 2013 Market Update for Island Dunes Condos on Hutchinson Island in Jensen Beach, FL

There are currently 42 active listings on the market at prices ranging from $170,000 to$1,595,000 for an average of $227.63 per square ft. of living area.

There are 11 condos under contract awaiting closing listed from $249,000 to 685,000 at an average cost per square ft. of living area of $221.71

In the past 12 months, 23 condos have sold ranging in sales prices from $155,000 to $700,000 with an average price per square foot of $194.34

 Located on the unspoiled Barrier Island of Hutchinson Island in Jensen Beach, Florida in Saint Lucie County is a complex of five separate condominium buildings with a common thread.  All of these units belong to the Island Dunes Country Club.  This unique arrangement offers golf, tennis and a deep water marina, just steps from your condo without having to travel to the mainland.The five buildings from North to South are the Island Dunes Oceanside I & II, the Admiral, the Regency Island Dunes and the Regency Island Dunes Two.  All of these buildings are Oceanside affording easy access to the crystal clear blue waters of the Atlantic Ocean.  There’s a wide variety of condos available ranging from 1 Bedroom to spectacular 3 Bedroom Penthouse suites.

The Island Dunes Country Club offers a challenging nine hole golf course golf course on the on the banks of the wide Indian River,  championship tennis club , a pro shop, a deep water marina and one of the fine dining in the onsite restaurant area which is open to the public.

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Hutchinson Island Florida Real Estate is presented by:
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March 2013 Market Update for Island Dunes Condos on Hutchinson Island

Palm Cove Golf and Yacht Club Town Home Now Available for Rent

Palm Cove Golf and Yacht Club Town Home Now Available for Rent

This Palm Cove Golf and Yacht Club Town Home now available for rent in this prestigious Palm City, Florida Golf and Yachting community.  Annual furnished lease of $2,400 per month or $2,200 per month unfurnished.

Palm Cove Golf and Yacht Club Town Home

Palm Cove Golf and Yacht Club Town Home

A wonderful Palm City town home featuring 3 spacious bedrooms (with two master suites — one up one down — with water views), loft area which can easily be converted into a 4th bedroom, 3 and ½ bathrooms and a 2 car garage. The kitchen, with granite counters, has a breakfast bar and roomy pantry. The second floor master has a balcony with sweeping preserve and river views. A very spacious home with soaring ceilings in the living area. This Palm Cove residence has access to community docks (check availability) a non-equity professional golf course and a full featured club house with community pool. HOA fees include Storm and Property Insurance and security. Conveniently located close to shopping, restaurants and Florida’s Turnpike.

Palm Cove Golf and Yacht Club Town Home

The Palm Cove Golf and Yacht Club in Palm City Florida includes 206 residences, ranging from spacious condos with garages to townhomes, fairway homes to multimillion dollar waterfront homes on the shores of the north fork of the wide Saint Lucie River.

Palm Cove Golf and Yacht Club Town Home

This magnificent community boasts a championship Chi Chi Rodrigues designed golf course. Memberships are available to both residents and non-residents and membership is not mandatory.  In addition to golf, boaters enjoy a 93 slip deep water marina with docks available for over 50’ vessels.

 

 

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Palm Cove Golf and Yacht Club Town Home Now Available for Rent


March 2013 Market Update for Ocean House in Indian River Plantation

March 2013 Market Update for Ocean House in Indian River Plantation

March 2013 Market Update for Ocean House Condos in Indian River Plantation, Hutchinson Island in Stuart, FL

Currently 2 active listings on the market at prices of $514,900 and $574,000 for an average of $357.16 per square ft. of living area.

There is 1 condo under contract awaiting closing listed for $509,000 at a cost per square ft. of living area of $379.85

In the past 12 months, 3 condos have sold ranging in sales prices from $340,000 to $575,000 with an average price per square foot of $317.90

One of the newest buildings in Indian River Plantation, Ocean House, is also the most magnificent.  Consisting of 79 Luxury Condo units of either 2 or 3 spacious bedrooms with amenities galore.  All suites have Ocean views, even the first floor units, which are in actuality the equivalent of being on the third floor as there are two parking levels for residents to enjoy covered parking.

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Ocean House has a newly renovated club house area featuring an updated kitchen with granite counter tops and stainless steel appliances.  Two flat screen televisions and free wi-fi for those that need connectivity.

A heated pool and lanai area that’s perfect for lounging close to the beach, or walk down your private access to enjoy the crystal blue waters of your private Atlantic ocean beach.

Barbecue area with a Tiki Hut for those nights that you want to eat out under the stars.

The Marriott Resort at Indian River Plantation Features:

Indian River Plantation consists of numerous condominium associations and buildings.  All styles from Ocean front to River front and Golf and Tennis villas can be found here.  IRP is associated and co-located with the Marriott Resort and Marina.

Tucked away on Hutchinson Island, the Treasure Coast’s 16-mile lush barrier island, is a unique resort that greets guests with the warmth of true Southern hospitality.

The Hutchinson Island Marriott Beach Resort and Marina stretches across 200 acres of plantation landscape on Hutchinson Island, bordered on one side by the Atlantic Ocean and by the shimmering Indian River on the other side.

A newly remodeled lobby with sweeping draperies, plantation-style wood furnishings and tropical tones sets the stage for a magical golf getaway. This is the gateway to an array of championship and executive courses, including Nicklaus, Fazio and Player designs.

Golfers of all skill levels will enjoy the challenging fairways and greens found in the area’s 12 courses. Plantation East, the resort’s own course, meanders throughout the island and is characterized by water on 17 of 18 holes. This 4,042-yard, par-61 executive course requires careful club selection and precision shot-making to overcome constantly changing ocean breezes.

This is the gateway to an array of championship and executive courses, including Nicklaus, Fazio and Player designs.

Golfers of all skill levels will enjoy the challenging fairways and greens found in the area’s 12 courses. The Ocean Club, the resort’s own course, meanders throughout the island and is characterized by water on 17 of 18 holes. This 4,042-yard, par-61 executive course requires careful club selection and precision shot-making to overcome constantly changing ocean breezes.

The Hutchinson Island Marriott offers guests and residents two tiki bars and their Signature Restaurant, the Baha Grille. Thirteen Novagrass tennis courts, miles of unspoiled beaches, water sports, deep sea fishing, and a full-service 77-slip marina anchored on the Indian River round out a perfect vacation of sun and fun.

Resort amenities also include three heated pools with sun decks, game rentals from the Activities Hut, two outdoor spas and supervised activities for both children and teens.

March 2013 Market Update for Ocean House in Indian River Plantation

Hutchinson Island Condos For Sale

Stuart, Florida Real Estate presented for your consideration by:
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March 2013 Market Update for Fairwinds Cove Condos in Jensen Beach

March 2013 Market Update for Fairwinds Cove Condos in Jensen Beach

Fairwinds Cove Condos in Jensen Beach, FL., Market Update for March 2013:


Currently 5 active listings on the market ranging in price from $145,000 to $250,000 for an average of $158.41 per square ft. of living area.

There are two condos under contract awaiting the sale for $195,000 and $220,000 list price at an average cost per square ft. of living area of $181.67.

In the past 12 months, 9 condos have sold ranging in sales prices from $120,000 to $197,000 with an average price per square foot of $131.54

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Located in beautiful Jensen Beach, Florida on the East side of the Jensen Beach Causeway is Fairwinds Cove.  A waterfront condo complex of 10 four story buildings with only 4 suites per floor.  Many of these condos with wonderful sweeping views of the Indian River (the Intracoastal Waterway that runs through Martin County).
 
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This condo complex built in multiple phases from 1974 to 1983 boasts two swimming pools, tennis courts, shuffleboard, waterside walking paths, a recently refurbished clubhouse with full kitchen, meeting room, fitness room, billiards and more.  Fairwinds Cove also has deeded docks with great access to fishing, water sports and only a few minutes to the crystal clear waters of the Atlantic Ocean.

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Fairwinds Cove is a non-age restricted community that allows one small pet.  There is a strong sense of community with many long time seasonal and full time residents.  Located within an easy walk to the beach and just a short drive to charming downtown Jensen Beach  as well as the many amenities offered in Martin County, Florida.

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March 2013 Market report for Suntide Condos on Hutchinson Island

March 2013 Market report for Suntide Condos on Hutchinson Island

As of March 1 2013, there are 4 condos on the market in Suntide on Hutchinson Island in Stuart FL.  Listing prices range from $197,000 to $335,000 with an average of $188.68 per sq. ft. of living area.

One condo is pending and awaiting sale.  It is a short sale listed at $164,900 or $163.75 per square foot of living area.

There has been only 1 condos sold in the past 12 months in Suntide.  The sales price was $168,500 or  $110.71 per sq. ft. of living area.

Located on Hutchinson Island in uncrowded and unspoiled Martin County, the  Suntide Building  is one of the premier ocean front condos in Stuart, Florida.  Boasting truly fine amenities with a protected pool, private beach access and hard to find under building protected parking.  There’s a full clubhouse with a fitness center, pool table, card room, library, full kitchen and reading room.

Suntide has all two bedroom, two bath condos that come in four different configurations and sizes.  The largest of these feature an office, sitting room than can possibly double as an extra bedroom.  Many units have direct and unspoiled ocean views.  One of the best run associations in Stuart, this fine complex is always a desirable destination for those who have made it their permanent residence as well as those who enjoy it as a vacation get away.

The Hutchinson House condos are one of the few condo developments that is pet friendly and allows for up to 2 large pets.  For currently available Hutchinson House condos please call or view the search link below.

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March 2013 Market report for Suntide Condos on Hutchinson Island

Another Inlet Village Condo Sold

Another Inlet Village Condo Sold

This totally updated Inlet Village Condo in Indian River Plantation has Sold.  Offered for $210,000, this Hutchinson Island Condo in the Inlet Village section of Indian River Plantation is now no longer available.  Inlet Village on Hutchinson Island is an excellent condominium complex with 3 buildings and a dedicated community pool on the shores of the Intracoastal (the Indian River).  Two buildings are waterfront and the third is just off the water with lakeside views of the golf course at Indian River Plantation as well as sweeping vistas of .

SUNSET CITY! Enjoy wide water sunset views from your waterfront balcony at Inlet Village South – a direct riverfront 2BR unit at Indian River Plantation. This spacious unit offers covered parking and extra storage below, and is just across from th e pool deck. The entire complex was rebuilt in 2009 – all $2M paid for.  The Hutchinson Island Marriott Ocean Club is available for golf/tennis/beach fun for the whole family.  All ages are welcome to this pet friendly elevator building.

Amenities include a shuttle tram, access to the beach club, tennis courts, fitness center and executive golf course. There’s also a full service marina with dockage for large boats (check availability). Carefree Florida living at it’s finest!

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Another Inlet Village Condo Sold

Rocky Point Newer Home Sold

Rocky Point Newer Home Sold

Rocky Point Homes for Sale

The new owners are moving into this 4 Bedroom, 4 Bathroom, 3 Car garage pool home in the Rocky Point community of Stuart, FL this week.  Built in 2006, this home offered the space and amenities that were the perfect match to these new owners who have recently relocated.  Another fine home sold by the Gabe Sanders real estate team.

Rocky Point Homes for Sale

An exquisite residence with room to accommodate a large family. The gourmet kitchen has granite counter tops, stainless steel appliances and custom wood cabinetry. The Master Bedroom Suite is elegant.

Rocky Point Homes for Sale

The pool area gives the real meaning of a Tropical Paradise with lush landscaping creating absolute privacy. The pool is a Salt Chlorinated pool that is solar heated and self-cleaning. A real treat is a large secluded green space that would make an awesome garden area. The location could not be better.

Rocky Point Homes for SaleThis is a boater’s haven. Keep your yacht 2 miles away at one of the best full service Marinas in town.This area offers fine dining and wonderfully eclectic shopping.You can’t top this combination at this unbelievable price’

Rocky Point Homes for Sale

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Rocky Point Newer Home Sold

Martin County Florida Condo Market Report for January 2013

Martin County Florida Condo Market Report for January 2013

 

Commentary:

The Martin County Florida Condo Market for January 2013 continues to have its difficulties while the residential segment of the Treasure Coast real estate market is showing positive signs.  Sales for January were only 39 condos, down from 54 in December.  Similar to last year’s 37 condo sales in January.  The inventory declined to 610 condos (Down 20 from December) which is 54 condos less than were available last year.  This is the first month of decreasing inventory after 3 months of increases.  The median sales price dropped to $95,000 for January of 2013 (Was 133,000 in Jan 2012).   While the median list price rose to $179,000.  Whether this is just seasonal drop during the holiday season remains to be seen.  Typically we get more higher end condo sales in the spring season.

The one month absorption rate jumped to 15.6 months, while the three-month average rose to 13.3 months.  Still a very challenging market for condo sellers.  But quite attractive opportunities for buyers.  We need to see a sustained absorption rate below 9 months for a healthy market and down to 6 or 7 months to be considered a balanced one.

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 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.

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Data compiled from the Realtor Association of Martin County

See the full set of charts at Treasure Coast FL Homes

Martin County Florida Condo Market Report for January 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


Sandpebble Oceanfront Condo at New Price

Sandpebble Oceanfront Condo at New Price


This Sandpebble Oceanfront Condo at New Price:
2491 NE Ocean Blvd – Suite 401 in Sandpebble on Hutchinson Island in Stuart, FL.  Now slashed to only $399,000.  Come and take a look at this top floor spacious unit with both ocean and river views.

New on the market, this Spacious Ocean Front Condo on Hutchinson Island in Sandpebble at 2491 NE Ocean Blvd. Suite 401

Enjoy sweeping Ocean to River views in this top floor North East corner unit that has been totally and extensively renovated for the most discerning buyer. . Imported Italian porcelain tile, granite counter tops, custom walnut wood work throughout, crown mo ldings, Jacuzzi tub and much more. This spacious unit offers a large open plan and is not your cookie cutter island condo. Enjoy two separate balco nies, under building parking, extra storage locker. This is a gated community that spans from the Ocean to the River with docks available for lease (check availability), 5 pools, hot tubs, tennis courts and a fully equipped club house with kitchen a vailable for private functions. Private ocean access. Elevator in building. 1 small pet is allowed.

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Sandpebble Oceanfront Condo at New Price

Stuart Florida Market Report ZIP Code 34996 – Condo, January 2013

Stuart Florida Market Report ZIP Code 34996 – Condo, January 2013

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

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

There are currently 218 active condo listings (Up 2 from last month).

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54 Condo sales are pending and awaiting close or lender approval (An increase of 25 condos from December).

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13 Condos Sold in January (Down by 1 from December)

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The Stuart Florida Market Report ZIP Code 34996 for Condos showed some increased activity along with the third straight month of increasing inventory.  Pending sales were up significantly for January while sales were off by 1 condo.  For the less expensive 55+ communities, which make up a significant portion of the 34996 condo market, it’s shaping up to be an active season.

The current absorption rate for the Stuart Florida Market Report ZIP Code 34996 – Condo is 16.8 months.  Still indicating a strong buyers’ market.  A balanced market is considered to occur when the absorption rate is 6 months.

The numbers for January 2012 were: 225 active listings, 32 pending sales and 11 closed sales.  Very similar numbers to this year with the exception of a significantly higher pending sales numbers.

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Stuart Florida Market Report ZIP Code 34996 – Condo, January 2013

Port Saint Lucie Pool Home Under Contract

Port Saint Lucie Pool Home Under Contract

Now under contract, this 4 BR Port Saint Lucie Pool home located East of US 1 and close to beaches, shopping and medical facilities with over a 1/2 acre lot featuring water front on a non-navigable canal.  A rare opportunity at an affordable price!  Thanks to all that showed it.

1622 SE Berkshire Blvd., Port Saint Lucie, FL 34952

East Port Saint Lucie Pool Home

Great open spaces in this 4 Bedroom, 3 Bathroom, heated and screened pool home in East Port saint Lucie. Rare over 1/2 Acre lot on canal (non-navigable) with lots of room for gardens, parking or just to enjoy that private feeling with lots of room between you and your neighbors. A large eat in kitchen is the center piece of this home with a bright family room with skylights and a formal living and dining areas. Master suite has walk in closet and dual vanities with separate tub and shower. This 1999 built home is solid CBS construction and has accordion hurricane shutters. Easy access to Jensen Beach and the beaches via the Green River Parkway and close to the Port Saint Lucie Civic Center as well as restaurants, shopping and medical facilities.

East Port Saint Lucie Pool Home

Additional pictures and info on 1622 SE Berkshire Blvd.

East Port Saint Lucie Pool Home

Download a brochure for 1622 SE Berkshire Blvd.

East Port Saint Lucie Pool Home

East Port Saint Lucie Pool Home

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Port Saint Lucie Homes for Sale

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Port Saint Lucie Pool Home Under Contract

February 2013 Market Update Westwood Country Estates in Palm City

February 2013 Market Update Westwood Country Estates in Palm City

As of Feb. 13 2013, there are 4 homes on the market in Westwood Country Estates in Palm City, FL.  Listing prices range from $249,000 to $500,000 with an average of $171.71 per sq. ft. of living area.

One home listed for $375,000 (short sale) is under contract and awaiting close.  List price was at 91.35 per sq. ft. of living area.

There have been 5 homes sold in the past 12 months in Westwood Country estates.  Sales prices ranged from $225,000 to $370,000 for an average of $117.16 per sq. ft. of living area.

February 2013 Market Update Westwood Country Estates in 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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February 2013 Market Update Cobblestone Country Club

 

February 2013 Market Update Cobblestone Country Club

There are currently 8 homes for sale in the Cobblestone Country Club of palm City, FL.  List prices range from $369,900 to 599,900 with an average asking price of $135.98 per sq. ft. of living area.

2 Homes are under contract and awaiting sale.  List prices were $251,900 and 299,900 for an average of $110.66 per sq. ft. of living area.  These are both distressed sales as one is a short sale and the other is bank owned.

In the past 12 months, 12 homes have sold in the Cobblestone Country Club.  Sale prices ranged from $210,000 to $673,000 and the average sale price per sq. ft. of living area was $117.98.

 

Cobblestone Country Club

February 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. 

February 2013 Market Update Cobblestone Country Club

February 2013 Market Update Cobblestone Country Club

Cobblestone Country Club Homes for Sale

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February 2013 Market Update Cobblestone Country Club

Sewalls Point Residential Market Report January 2013

Sewalls Point Residential Market Report January 2013

Sewalls Point Real Estate Snapshot, Residential Sales for January 2013

 

There are currently 49 active listings (an increase of 13 home for sale from December)

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7 Residential sales are pending and awaiting close or lender approval (a decrease of 1 home from December)

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2 Homes sold in December (Down 4 from December)

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Closed sales were off for the Sewalls Point market report for January 2013.  Pending sales were also off slightly.  This is the second month of decreasing market activity for Sewalls Point.  However, inventory rose sharply in January and this will result in much improved numbers for the coming months..  Now only 36 homes available.  This is approaching historic low levels for Sewalls Point.

The absorption rate now stands at 24.5 months, quite a jump from last December’s 6 month absorption rate.  This is a strong buyers market again.  A 6 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to January of 2012, the inventory was at 59 homes homes on the market last year, 11 pending sales and there was only 3 closed sales.  Considering the inventory is 11 homes less this year, the January 2013 activity is fairly similar if not a small bit stronger than last year.

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Sewalls Point Florida Real Estate presented by:
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Sewalls Point, FL Real Estate

Rental Properties

Vacant Land Properties

Residential Properties

 

Sewalls Point Market Report – Residential, January 2013

Custom Newer Stuart FL Waterfront Estate Just Listed

Custom Newer Stuart FL Waterfront Estate Just Listed

Custom Newer Stuart FL Waterfront Estate

6800 SW Gaines Ave is a Custom Newer Stuart FL Waterfront Estate Just Listed with the Gabe Sanders real estate team.  This 2002 home has the latest updates and all the bells and whistles you could possibly want.

Custom Newer Stuart FL Waterfront Estate

For those desiring the ultimate in privacy yet having close access to all the amenities Martin County has to offer, this is your future. Located on 4 plus acres of deep waterfront (320′) on the South Fork of the Saint Lucie River.

 Custom Newer Stuart FL Waterfront Estate

Custom designed and built to the highest standards. Currently configured with 4 Br, 2 Offices, Theater Room, Work rooms, 4 & 1/2 Baths and attached 5 car gar. Impact Glass throughout, with a great room concept featuring 42′ Pecky cypress ceilings. Commercial grade kitchen with multiple cooking surfaces, both gas and electric, numerous ovens, commercial refrigerators, dishwashers, etc (see attached feature list). Master wing features dual offices and his and her bathrooms. Detached 1 Br. 1 Ba. updated guest home.

 Custom Newer Stuart FL Waterfront Estate

 

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waterfront homes in Stuart

 

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Custom Newer Stuart FL Waterfront Estate Just Listed

Price Reduced on Stuart Ocean Front Condo

Price Reduced on Stuart Ocean Front Condo

This Sandpebble Ocean Front Condo on Hutchinson Island at 2571 NE Ocean Blvd. Suite 102 is now offered for $340,000

Spacious second level ocean front condo with sweeping ocean views on Stuart’s Hutchinson Island. Tastefully updated with granite counter tops, upgraded cabinets, stainless refrigerator and microwave and tile throughout. Breakfast bar and dining nook in the kitchen. Elevator in building. Extra storage also included. One small pet is allowed. The Sandpebble condominium complex has 5 swimming pools, ocean to river access, a community marina with slips for rent (check availability), tennis courts and club house. Very conveniently located close to shopping, great schools and a short drive or bike rode to either the Stuart or Jensen Beach Causeways. A great opportunity for either year round living or the perfect Florida vacation home. Rentals allowed.

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 reaches 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 river side 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 club house 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.

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Price Reduced on Stuart Ocean Front Condo

Lighthouse Point and Seagate Harbor January 2013 Market Update

Lighthouse Point and Seagate Harbor January 2013 Market Update

 

There are currently 18 homes on the market in Lighthouse Point and Seagate Harbor.  From a low price of $219,900 to a high of $758,315 with an average asking price per square foot of $240.98.

There are 6 homes under contract as of January 27, 2013.   The listing prices on the pending homes range from a low of $305,500 to a high of $499,000.  The average listing price per square foot of these homes are $167.73

14 homes have sold in Lighthouse Point and Seagate Harbor in the past 12 months.  Sale prices were from $250,000 to $675,000 with an average sales price per square foot of $201.26

Lighthouse Point Waterfront Homes for Sale

A boater’s and sailor’s Delight in an affordable waterfront niche community with deep water dockage! Nature and families are the focus in this desirable community characterized by beautiful homes, parks, nearby golf, restaurants, shopping, and A Rated schools!

Almost every home has waterfront dockage available in an intricate network of deep water canals. Some select homes with wide views of the Saint Lucie River.  A community boat ramp is also available.  Everything a boater would want!

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Lighthouse Point and Seagate Harbor January 2013 Market Update

European Inspired Equestrian Estate

European Inspired Equestrian Estate

Now available for only a limited time, this European Inspired Equestrian Estate in Fort Pierce, Florida for $1,750,000

4560 SW 25th Street, Fort Pierce, FL 34981

 European Inspired Equestrian Estate

Superb construction quality in this 2007 custom-built stone palace! Situated on over 13 acres of private, agricultural-zoned land, this 2-story castle boasts 5 bedrooms, 3.5 bathrooms, an over-sized 4 car garage, 4 upstairs balconies, an enormous patio / lanai, 2 gas-heated fireplaces, kitchen-living room combo, family room, formal dining room, game room, 2 laundry rooms, and so much more!

European Inspired Equestrian Estate

Special features include steel re-enforced poured concrete walls, hand-picked stonework, plastered interior walls, rustic European décor, custom wood & stone flooring throughout, hurricane rated impact glass for every door and window, a gas-heated range, multiple wall ovens, a top-quality metal roof, and a 5-stall barn for horses on the West end of the property.  Close proximity to the White City Park in Fort Pierce, Florida, which has a boat ramp to the North Fork of the Saint Lucie River.  The park also has playgrounds, multiple gazebos, ponds, and picnic tables.  Great for family get-togethers!

 European Inspired Equestrian Estate

Additional pictures and info for 4560 SW 25th Street

European Inspired Equestrian Estate

Download a brochure for 4560 SW25th Street

European Inspired Equestrian Estate

European Inspired Equestrian Estate

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Equestrian Homes for Sale

Fort Pierce, Real Estate presented for your consideration by:
the Gabe Sanders real estate team

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European Inspired Equestrian Estate

Martin County Florida Condo Market Report for December 2012

Martin County Florida Condo Market Report for December 2012

 

Commentary:

The Martin County Florida Condo Market for December 2012 continues to have its difficulties while the residential segment of the Treasure Coast real estate market is showing positive signs.  Sales for December were 54 units down up from 47 in November.  Pretty similar to last year’s 52 condos and equal to the 54 sold condos in December of 2010.  The inventory rose to 630 condos (up 13 from November) which is 43 condos less than were available last year.  This is the third month of increasing inventory.  If sales do not pick up by an appreciable amount, the increase in inventory will continue to drive prices down.  As evidenced by the median sales price dropping to $100,950 for December of 2012 (Was 110,000 in Dec 2011)   The median listing price was also off to $175,000.  Whether this is just seasonal drop during the holiday season remains to be seen.  Typically we get more higher end condo sales in the spring season.

The one month absorption rate decreased to 11.7 months, while the three-month average is at 12.1 months.  Still a very challenging market for condo sellers.  But quite attractive opportunities for buyers.  We need to see a sustained absorption rate below 9 months for a healthy market and down to 6 or 7 months to be considered a balanced one.

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 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.

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Data compiled from the Realtor Association of Martin County

See the full set of charts at Treasure Coast FL Homes

Martin County Florida Condo Market Report for December 2012

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


4 BR Pool Home in Port Saint Lucie

4 BR Pool Home in Port Saint Lucie

Announcing a price reduction on this 4 BR Pool Home in Port Saint Lucie located East of US 1 and close to beaches, shopping and medical facilities.  On over a 1/2 acre lot with water front on a non-navigable canal.  A rare opportunity at an affordable price!  Now offered at $220,000.

1622 SE Berkshire Blvd., Port Saint Lucie, FL 34952

East Port Saint Lucie Pool Home

Great open spaces in this 4 Bedroom, 3 Bathroom, heated and screened pool home in East Port saint Lucie. Rare over 1/2 Acre lot on canal (non-navigable) with lots of room for gardens, parking or just to enjoy that private feeling with lots of room between you and your neighbors. A large eat in kitchen is the center piece of this home with a bright family room with skylights and a formal living and dining areas. Master suite has walk in closet and dual vanities with separate tub and shower. This 1999 built home is solid CBS construction and has accordion hurricane shutters. Easy access to Jensen Beach and the beaches via the Green River Parkway and close to the Port Saint Lucie Civic Center as well as restaurants, shopping and medical facilities.

East Port Saint Lucie Pool Home

Additional pictures and info on 1622 SE Berkshire Blvd.

East Port Saint Lucie Pool Home

Download a brochure for 1622 SE Berkshire Blvd.

East Port Saint Lucie Pool Home

East Port Saint Lucie Pool Home

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Port Saint Lucie Homes for Sale

Port Saint Lucie, Real Estate presented for your consideration by:
the Gabe Sanders real estate team

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4 BR Pool Home in Port Saint Lucie