Villas of Emerald Lakes Home Sold

Additional pictures and info on 1622 SE Berkshire Blvd.

Stuart Florida Real Estate presented by:
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Villas of Emerald Lakes Home Sold

East Port Saint Lucie Pool Home Open House

12.31.12 by Gabe Sanders

East Port Saint Lucie Pool Home Open House

Join us on January 6th from 1 to 4 PM to tour this rarely available: A 4 bedroom, 3 bathroom, screened pool home in East Port Saint Lucie on a large waterfront (non-navigable) lot for the ultimate in privacy, yet close to all amenities.

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

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 the 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 centerpiece 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.

Download a brochure for 1622 SE Berkshire Blvd.

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East Port Saint Lucie Pool Home Open House

Martin County Florida Condo Market Report for November 2012

12.30.12 by Gabe Sanders

Martin County Florida Condo Market Report for November 2012

Commentary:

The Martin County Florida Condo Market for November 2012 showed some improvement from last year, but continues to struggle in a difficult market. Sales for November were 47 units down slightly from the 50 in October. Though, considerably better than November of 2011 during which we saw only 35 sales. The inventory rose to 617 condos (up 43 from October) which is about 60 condos less than were available last year. I am anticipating a greater increase in inventory as many condo owners try to maximize the seasonal impact of this market. The median sales price was up in November to $125,000 after taking a sizable drop in October which had dipped to $114,750. Last year in November the median sales price was $112,500.

The one month absorption rate is up to 13.3 months, while the three-month average is at 12.9 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.

Currently, the condo market is under-performing as compared to our residential market and the condo markets of our southern neighbors. I do expect this trend to stop as buyers realize the bargains currently available in the Martin County condo market.

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.

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 November 2012

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:

Search for available homes in Lighthouse Point and Seagate Harbor

Lighthouse Point and Seagate Harbor Market Update

12.26.12 by Gabe Sanders

Lighthouse Point and Seagate Harbor Market Update

There are currently 18 homes on the market in Lighthouse Point and Seagate Harbor. From a low price of $249,900 to a high of $758,315 with an average asking price per square foot of $245.17.

There are three homes under contract as of December 26, 2012. One conventional sale, one short sale and one bank owned property. The average listing price per square foot of these homes are $161.52

15 homes have sold in Lighthouse Point and Seagate Harbor in the past 12 months. Sale prices were from $255,000 to $848,000 with an average sales price per square foot of $214.73

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!

Lighthouse Point and Seagate Harbor Market Update

Highlands Reserve December 2012 Market Update

12.20.12 by Gabe Sanders

Highlands Reserve December 2012 Market Update

There are currently 8 homes actively listed in Highlands Reserve for December, 2012 in Palm City, Florida. The average list price is $404,129 at $127.32 per square foot of living area.

There are 8 homes under contract awaiting closing. Three of these are short sales. The average list price is $374,658 at $122.36 per square foot of living area.

In the past 12 months, 22 homes have sold in Highlands Reserve with an average sales price of $328,955 at $111.30 per square foot of living area. Six of these homes were short sales. No bank owned sales.

Highlands Reserve December 2012 Market Update is the newest upscale community in this section of MartinCounty. Enter the magnificent gates and surround yourself with the well appointed amenities of the clubhouse and natural beauty of this community. Included are paths into winding nature trails will offer dramatic views of surrounding natural preserves and serene lakes.

Located only seconds from I-95 and within minutes of shopping, beaches and the laid back easy lifestyle of Martin County. Perfect for the family with an ‘A’ rated school system. Only 30 minutes to West Palm Beach and 2 hours to Orlando.

Low HOA fees of $275.00 per month include landscaping and irrigation as well as the security gate, use of the full service clubhouse with large pool and state of the art fitness center. Lounge and kitchen for private parties and occasions.

Give us a call for the full line of exceptional new homes available in Highland Reserve in Palm City, FL.

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Residential Homes, Condos and Land
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Highlands Reserve December 2012 Market Update

Stuart Florida Market Report ZIP Code 34996 – Condo, November 2012

12.16.12 by Gabe Sanders

Stuart Florida Market Report ZIP Code 34996 – Condo, November 2012

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for November 2012

For November 2012 in the 34996 Zip Code area of Stuart, Florida :

There are currently 209 active condo listings (Up 15 from last month).

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26 Condo sales are pending and awaiting close or lender approval (a decrease of 4 condos from October).

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12 Condos Sold in November (Down 5 from October)

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The Stuart Florida Market Report ZIP Code 34996 for Condo slowed some for November, not unexpected as this is typically an off month for condo sales. Sales and future sales (pending listings) were off while the inventory showed the first increase in some time.

The current absorption rate for the Stuart Florida Market Report ZIP Code 34996 – Condo is just over 17.4 months. Quite a drop from last months 11 month absorption rate.

The numbers for November 2011 were: 225 active listings, 21 pending sales and 14 closed sales. Very similar numbers to this year.

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart Florida Market Report ZIP Code 34996 – Condo, November 2012

Sewalls Point Residential Market Report November 2012

12.10.12 by Gabe Sanders

Sewalls Point Residential Market Report November 2012

Sewalls Point Real Estate Snapshot, Residential Sales for November 2012

There are currently 41 active listings (a decrease of 6 home for sale from October)

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10 Residential sales are pending and awaiting close or lender approval (a decrease of 7 homes from October)

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8 Homes sold in October (Up 1 from October)

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Continued strong activity for the Sewalls Point market report for November 2012. A very good month for sales with 8 closings. Pending sales were off (by 7 homes) while the inventory is now down to 41 homes. This is getting to be pretty slim for Sewalls Point.

The absorption rate now stands at 5.1 months. This is an indication of a transition into a slight sellers market. Where a seller has an advantage over the buyer because of the low supply and high demand. A balanced market is considered to be when the absorption rate is 6 months.

Comparing the results to November of 2011, the inventory was at 49 homes homes on the market last year, pending sales numbered only 13 homes, and there was only 3 sale.

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Sewalls Point, FL Real Estate

Rental Properties

Rental Properties for Rent in Sewalls Point, Florida Between $0 – $500,000

Vacant Land Properties

Residential Properties

Sewalls Point Market Report – Residential, November 2012

Snug Harbor Stuart FL

12.09.12 by Gabe Sanders

Snug Harbor Stuart FL

December 2012 Market Update for Snug Harbor Stuart FL:

There are 7 homes currently for sale in Snug Harbor Stuart FL. Listing prices range from $695,000 to $2,550,000. (3 wide waterfront homes and 4 homes with marina access)

There are currently no homes under contract or pending.

2 homes have sold in the past 12 months. Ranging in sales price from $360,000 to $967,250. Neither of these homes were waterfront.

Located on the wide Saint Lucie River just east of the city of Stuart Florida is the unique subdivision of Snug Harbor. While the real estate market on the Treasure Coast has it’s problems, Snug Harbor remains a desirable community as recent sales can show.

Snug Harbor was the vision of a group of 10 Yachtsmen, many former Commodores of the Chicago Yacht Club back in 1943. They bought the land and platted the area in September 1944 as well as forming the Snug Harbor Corporation, which controlled the ownership of the lots.

In 1975 the deeds were distributed and/or sold to the then owners and a condominium form of ownership was established under the name of the Snug Harbor Yacht Club. With both waterfront and non-waterfront homes and estates, located just minutes away from the ocean by boat or car and also convenient to downtown Stuart, offices, restaurants and recreational areas.

Snug Harbor is one of the finest communities in Martin County. There are only 72 home sites with a club house, deep water marina, boat ramp, trailer parking and tennis courts. There is an active association with social activities year round that make this community a very attractive place to call home.

Please feel free to contact Gabe Sanders (772-323-6996), a Snug Harbor resident and board member, if you would like any information about this wonderful community.

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Snug Harbor Homes for Sale

Snug Harbor Stuart FL

East Port Saint Lucie Pool Home Just Listed

12.08.12 by Gabe Sanders

East Port Saint Lucie Pool Home Just Listed

Rarely available: A 4 bedroom, 3 bathroom, screened pool home in East Port Saint Lucie on a large waterfront (non-navigable) lot for the ultimate in privacy, yet close to all amenities.

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

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.

Additional pictures and info on 1622 SE Berkshire Blvd.

Download a brochure for 1622 SE Berkshire Blvd.

Search here for:

Port Saint Lucie Homes for Sale

Port Saint Lucie, Florida Real Estate presented for your consideration by:
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East Port Saint Lucie Pool Home Just Listed

Emerald Lakes Home in Stuart Under Contract

12.05.12 by Gabe Sanders

Emerald Lakes Home in Stuart Under Contract

An excellent opportunity in one of Stuart’s premier communities! 4301 SE Scotland Cay Way is now under contract.

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Emerald Lakes Home in Stuart Under Contract

Affordable Palm City Home Just Sold

12.02.12 by Gabe Sanders

Affordable Palm City Home Just Sold

Another successful short sale by the Gabe Sanders real estate team! Closed in 90 days with a waiver of all deficiencies for the seller.

An affordable Palm City Home Just Listed that features 3 bedrooms in a split plan, 2 bathrooms and a 2 car garage. Solid concrete construction with a newer metal roof. Flexible open floor plan with lots of possibilities. The master suite has a walk in closet. Washer and Dryer included in the inside utility room. Private backyard with a large covered and screened patio. Hurricane shutters. This home in the Granada subdivision of Palm City which boasts low HOA fees as well as a gated RV/Boat storage area for the exclusive use of residents. Conveniently located close to shopping, restaurants and the many waterways that Martin County has to offer. Also in an ‘A’ rated school district.

The Granada subdivision of Palm City Florida is a small established community of 44 homes with the entrance off of Pine Tree Lane to Vizcaya Circle. Homes in Granada were built in the mid to late 1980’s and consist of both frame and concrete homes. Mostly consisting of modest sized 3 Bedroom homes in the 1,600 to 2,000 square feet of living area range.

There is the valuable asset of a gated RV/Trailer lot that is available to residents of Granada. Very low HOA fees of $185.00 per quarter which includes basic cable, trash pickup and maintenance of the common areas and storage lot.

Well located in Martin County’s ‘A’ rated school district (Currently assigned to Bessey Creek elementary school, Hidden Oaks middle school and Martin County high school) and close to shopping, restaurants as well as the numerous water ways of Martin County, Florida.

An affordable family neighborhood for those wishing to take advantage of the amenities that Martin County has to offer.

Palm City Florida Real Estate presented by:
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Affordable Palm City Home Just Sold

Martin County Florida Condo Market Report for October 2012

11.30.12 by Gabe Sanders

Martin County Florida Condo Market Report for October 2012

Commentary:

The Martin County Florida Condo Market for October 2012 continues to tread water neither getting worse or better. Sales for October were up to 50 units from a very weak 39 in September. Just about identical to October 2011 which had 53 sales. The inventory rose to 574 condos (up 6 from September) which is about 100 condos less than were available last year. I would not be surprised to see more inventory growth as we get into the upcoming fall and winter condo season. The median sales price did take a hit in October , down to $114,750 down from $159,000 for September, but still above last year’s $92,500.

The one month absorption rate is up to 11.5 months, while the three-month average is at 12.7 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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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 October 2012

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:

Search for all Sandpebble Condos for Sale

Ocean Front Condo in Sandpebble Open House

11.26.12 by Gabe Sanders

Ocean Front Condo in Sandpebble Open House

Join us Tuesday November 27 from 9:30 a.m. to 12:00 p.m. for an open house at 2571 NE Ocean Blvd. – Suite 102 in Sandpebble on Hutchinson Island in Stuart, FL.

This Sandpebble Ocean Front Condo on Hutchinson Island at 2571 NE Ocean Blvd. Suite 102 is now offered for $345,000

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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Ocean Front Condo in Sandpebble Open House

Spacious Ocean Front Condo on Hutchinson Island in Sandpebble Open House

11.25.12 by Gabe Sanders

Spacious Ocean Front Condo on Hutchinson Island in Sandpebble Open House

Join us Tuesday November 27 from 9:30 a.m. to 12:00 p.m. for an open house at 2491 NE Ocean Blvd – Suite 401 in Sandpebble on Hutchinson Island in Stuart, FL.

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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Presented by the Gabe Sanders real estate team

Spacious Ocean Front Condo on Hutchinson Island in Sandpebble Open House

Stuart Florida Market Report ZIP Code 34996 – Condo, October 2012

11.14.12 by Gabe Sanders

Stuart Florida Market Report ZIP Code 34996 – Condo, October 2012

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for October 2012

For October 2012 in the 34996 Zip Code area of Stuart, Florida :

There are currently 194 active condo listings (Down 4 from last month).

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26 Condo sales are pending and awaiting close or lender approval (a decrease of 2 condos from September).

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17 Condos Sold in October (Up 9 from September)

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The Stuart Florida Market Report ZIP Code 34996 for Condos had some very strong closed sales in October, typically an off month for condo sales. Future sales (pending listings) were off minimally while the inventory was also down by a small number.

The current absorption rate for the Stuart Florida Market Report ZIP Code 34996 – Condo is just over 11 months. Considerably improved from the past few months.

The numbers for October 2011 were: 213 active listings, 24 pending sales and 17 closed sales. Very similar numbers to the current market with significantly lower inventory.

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

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Stuart Florida Market Report ZIP Code 34996 – Condo, October 2012

Just Listed in Palm City Farms

11.09.12 by Gabe Sanders

Just Listed in Palm City Farms

6710 SW Rattlesnake Run

2002 Built home with metal roof and hardi-plank siding on 5 Acres in an Equestrian or Agricultural area of Palm City, Florida.

Both you and your horses will adore this secluded 5 acre property with a beautiful 2002 built home featuring hardi-plank siding and a metal roof. 3 bedrooms 2 bathrooms plus an office with built in workstations.

A gourmet kitchen offers stainless appliances custom cabinets and a spacious built in rotating island. A 6 burner Kitchen-Aide gas convection oven, Miele dishwasher, GE refrigerator, Large living room with built in entertainment center. Master bedroom has large walk in closets and nicely appointed master bath with indoor/outdoor shower. This property is perfect for any one wanting the ultimate in privacy while having lots of room to roam as well as the opportunity for keeping horses or other agricultural possibilities.

This property is perfect for any one wanting the ultimate in privacy while having lots of room to roam as well as the opportunity for keeping horses or other agricultural possibilities. The land is nice and dry with no apparent wetlands. Two ponds are currently on the property. Easily cleared for those desiring additional pasture lands.

More information about Palm City Farms

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Just Listed in Palm City Farms

Sewalls Point Residential Market Report October 2012

11.07.12 by Gabe Sanders

Sewalls Point Residential Market Report October 2012

Sewalls Point Real Estate Snapshot, Residential Sales for October 2012

There are currently 47 active listings (a decrease of 3 home for sale from September)

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17 Residential sales are pending and awaiting close or lender approval (a decrease of 3 homes from September)

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7 Homes sold in September (Up 4 from September)

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Strong activity for the Sewalls Point market report for October 2012. A very good month for sales with 7 closings. Pending sales were off slightly (by 3 homes) while the inventory is now down to 47 homes. This is quite low for Sewalls Point.

The absorption rate now stands at 6.7 months. This is an indication of a balanced market favoring neither seller or buyer.

Comparing the results to October of 2011, the inventory was at 43 homes homes on the market last year, pending sales numbered only 14 homes, and there was only 1 sale.

Search here for Sewalls Point Florida Real Estate for Sale

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

Rental Properties

Rental Properties for Rent in Sewalls Point, Florida Between $0 – $500,000

Vacant Land Properties

Residential Properties

Sewalls Point Market Report – Residential, October 2012

Home in the Villas of Emerald Lakes Just Listed

11.06.12 by Gabe Sanders

Home in the Villas of Emerald Lakes Just Listed

An excellent opportunity in one of Stuart’s premier communities! 4301 SE Scotland Cay Way is now available for sale.

Move in to this charming 3 Bedroom, 2 Bath with 2 car garage tomorrow. Spacious open plan with eat in kitchen and split bedrooms. Solid CBS construction with barrel tile roof and accordion hurricane shutters throughout. Cul-de-sac location with quiet and private yard. Screened patio. This gated community features community pools, tennis courts and beautiful emerald lakes. Located close to shopping, restaurants, medical facilities and the marinas of Manatee pocket in Stuart. Easy access to I-95 for commuters as well. Low HOA fees include landscaping. An ideal winter getaway with minimal maintenance required or the perfect full time home to enjoy your carefree Florida lifestyle. All ages are welcome and this is a pet friendly community.

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Search for Archipelago Homes for Sale

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Home in the Villas of Emerald Lakes Just Listed

The Archipelago of Sewalls Point

11.04.12 by Gabe Sanders

The Archipelago of Sewalls Point

Currently (November 2012) in the Archipelago there are two homes on the market.
One home is under contract and awaiting resolution of contingencies.
In the past 12 months, 1 home sold for $599,000 ($250. per sq. ft. of living area)

Located in the prestigious town of Sewalls Point, Florida the Archipelago is a non gated neighborhood of all waterfront homes with access to the crystal clear waters of the Atlantic Ocean through the Saint Lucie Inlet in Martin County, Florida. All the homes in the Archipelago are on either the wide waters of the Indian River or located on deep water canals. The Saint Lucie Inlet to the Atlantic is less than two miles away by water. Access is maintained by dredging all Archipelago waterways to 6’. Homes range from modest older frame homes, to spectacular estate lots with magnificent views.

The link below will take you to all currently available Archipelago homes in Sewalls Point, Florida

Sewalls Point Real Estate is presented by:

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The Archipelago of Sewalls Point

Martin County Florida Condo Market Report for September 2012

10.31.12 by Gabe Sanders

Martin County Florida Condo Market Report for September 2012

Commentary:

The Martin County Florida Condo Market for September 2012 was fairly slow. Though this is typical for our seasonal condo market, we were hoping for a little better activity. Sales for September were down to 39 units from 46 in August. Just about identical to September 2011 which had 40 sales. The inventory was down by 10 units and is basically holding steady as last year at this time it was 623 condos available for sale. I would not be surprised to see more inventory growth as we get into the upcoming fall and winter condo season. The median sales price took a big jump in September as some fairly high priced condos were sold last month. (Up to $159,000 from just $97,000 for August)

The one month absorption rate is up to 14.6 months, while the three-month average is at 12.1 months. Still a very challenging market for sellers with the accompanying 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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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 September 2012

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: