Price Reduced Ocean Front Condo in Sandpebble

Price Reduced Ocean Front Condo in Sandpebble

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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Price Reduced Ocean Front Condo in Sandpebble

Estate Home in Willoughby Golf Club Price Reduced

Estate Home in Willoughby Golf Club Price Reduced

4585 SE Waterford Drive in the Willoughby Golf Club, Stuart, Florida

Loaded with extras.  Now reduced to $685,000

Enjoy living in this custom built 3 possible 4 bedroom 4 bath home loaded with top of the line upgrades in prestigious Willoughby Golf Club. Arthur Lee designed golf course. The kitchen is equipped with top of the line appliances including dual temperature controlled wine cooler, gas cook top, custom cabinets featuring pull out corner cabinets, spice tray, pantry drawer, granite counter tops, sliding pocket doors that open up the lanai. The patio area of this home overlooks a scenic lake and features a heated pool/spa, fully equipped summer kitchen with covered bar, great for entertaining. Family room has built-in entertainment center with Bose Surround Sound. Living room has a wet bar and gas fireplace. Home also has generator and accordian shutters.

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Estate Home in Willoughby Golf Club Price Reduced

Palm Cove Golf and Yacht Club Price Reduction

Palm Cove Golf and Yacht Club Price Reduction

210 SW Hatteras Court has been reduced to $634,000

When only the best will do. Beautiful home in Palm Cove has it all.

Expansive 3400 sq ft floor plan. 3 bedrooms, 3 full baths. Private office. Gorgeous marble floors. Upgraded cabinets, granite counter tops, stainless appliances in the gourmet kitchen. Butlers pantry w/wine refrigerator. Large family room with expansive windows and golf course view. Luxurious master suite with sitting area, two over sized walk-in closets, plantation shutters. Master bath has dual sinks, granite counts, tub, shower, linen closet. Entertaining is a breeze on the expansive lanai area with summer kitchen, expanded heated pool. Screened porch to catch the river breeze. Three car garage. Community marina, (slips available), riverfront clubhouse, non-equity golf course

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.

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.

There’s a magnificent club house located riverside by the marina.  Residents enjoy 24 hour security from the manned gated entrance.  The Palm Cove Golf and yacht Club is separated into two main sections.  Fairway homes are on the south side of Mapp Road with the entrance across the main entrance to palm Cove and is controlled by remote from the main security gate.

In the main section, are the estate homes, town-homes at Island creek as well as the condos at ‘the Links’.   Homes range from 1500 sq. ft. town-homes with 2 bedrooms, 2 bathrooms and 2 car garages all the way up to 6,000 sq. ft. plus waterfront residences with 5 bedrooms, office, 6 and ½ bathrooms and 3 car garages.  Home owner (HOA) fees vary from section to section.  The estate homes run approximately $450 per month, while in the fairways section they are around $550 per month, but include landscaping.  For a complete list of fees, please give us a call.

Palm Cove families enjoy a quiet secluded lifestyle yet are close to shopping, restaurants and the beaches of Martin County.  Children attend an ‘A’ rated Martin County school system to the following schools:  Bessey Creek elementary, Hidden Oaks middle and Martin County High.

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Spacious Key West Style Stuart Pool Home Just Listed

Spacious Key West Style Stuart Pool Home Just Listed

An excellent opportunity in one of Stuart’s premier locations!  227 SE Pelican Drive is now available for sale.

Stunning Key West Style 2 story pool home located in the perfect Stuart neighborhood. Just one block from the Saint Lucie River, and close to the beaches and downtown. This home has 2,930 sq ft under air (see attached floor plan for correct sq. ft) with large 2 car garage. 4 bedrooms, 3 full baths and half cabana bath. Two full master suites on the second level and a large bonus room. Bonus room is used as billiards room – pool table and small fridge included in the sale. Updated eat in kitchen open to family room with gas fireplace. Separate dining room and formal living room. French doors lead out to a tropical oasis with heated pool/spa area, retractable Sunbrella awning and outdoor speakers. This is the perfect family home! Must see to appreciate!

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Spacious Key West Style Stuart Pool Home Just Listed

 

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

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

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

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

There are currently 198 active condo listings (Up 8 from last month).

28 Condo sales are pending and awaiting close or lender approval (an increase of 9 condos from August).

8 Condos Sold in September (Down 4 from August)

The Stuart Florida Market Report ZIP Code 34996 for Condos showed its first increase in inventory in some time.  Future sales (pending listings) took a nice jump up to 28 condos while sales were off to only 8 sold condos.  Not an unexpected number considering we are in the off season for condo sales.

The current absorption rate for the Stuart Florida Market Report ZIP Code 34996 – Condo is just under 24 months.  Not a very good number for sellers, but a great opportunity for buyers.  I expect this absorption rate to decrease in the coming months if the strong pending numbers hold up.

The numbers for September 2011 were: 188 active listings, 27 pending sales and 18 closed sales.  Very similar numbers to the current market.

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

Palm Cove Golf and Yacht Club Open House

Palm Cove Golf and Yacht Club Open House

Come and join us on the Realtor Association of Martin County open house at 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 Tuesday October 16 from 9:30 a.m. to 12 Noon.

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. The oversized 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

Palm Cove Golf and Yacht Club Town Home Open House

Palm Cove Golf and Yacht Club Town Home Open House

 Come and join us on the Realtor Association of Martin County open house at this Palm Cove Golf and Yacht Club Town Home in this prestigious Palm City, Florida Golf and Yachting community.  The open house will be on Tuesday October 16 from 9:30 a.m. to 12 Noon.

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.

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Palm Cove Golf and Yacht Club Town Home Just Listed

 

Sewalls Point Residential Market Report September 2012

Sewalls Point Residential Market Report September 2012

Sewalls Point Real Estate Snapshot, Residential Sales for September 2012

There are currently 50 active listings (a decrease of 7 home for sale from August)

20 Residential sales are pending and awaiting close or lender approval (an increase of 4 homes from August)

3 Homes sold in August (Unchanged from August)

Surprisingly, the Sewalls Point market report for September 2012 showed a small increase in activity during a seasonally slow time by historical standards..  Sales remained steady at three homes but the homes under contract rose to 20 units, which should translate to higher fall sales and the inventory decreased to 50 homes, which is fairly low at this time for Sewalls Point.

Comparing the results to September of 2011, the inventory was at 53 homes homes on the market last year, pending sales numbered only 9 homes, and there were 4 sales from $287,000 to $4,325,000.  This years sales were between $530,000 to $1,670,000.   Better

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Sewalls Point Market Report – Residential, September 2012

Pool Home in Port Saint Lucie Sold

Pool Home in Port Saint Lucie Sold

5946 NW Thyer Circle a spacious pool home in Port Saint Lucie sold to happy new owners down from the mid-west.

This house is a must see with four spacious bedrooms, 2 bathrooms, 2 car garage, and large kitchen with all appliances. The house is not the only thing that is a must see though, relax outside in your own private pool with a gorgeous view of the preserves. This home is nothing shy of move in ready. See this home today to start making memories in it tomorrow.

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Port Saint Lucie Florida Homes for Sale

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Pool Home in Port Saint Lucie Sold

Palm Cove Golf and Yacht Club Town Home Just Listed

Palm Cove Golf and Yacht Club Town Home Just Listed

A Palm Cove Golf and Yacht Club Town Home in this prestigious Palm City, Florida Golf and Yachting community.

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

Palm Cove Golf and Yacht Club Town Home

 

 

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Palm Cove Golf and Yacht Club Town Home Just Listed


Martin County Florida Condo Market Report for August 2012

Martin County Florida Condo Market Report for August 2012

 

Commentary:

The Martin County Florida Condo Market for August 2012 is showing signs of our typical summer slowdown.  Sales for August were down to 46 units from 57 in July.  Though this is still slightly better than August of 2011 which had 43 sales.  The inventory was up by 7 units and is basically holding steady as last year at this time it was 618 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.  Both average and median sales prices were off again for August reflecting a continued pressure on pricing in the local condo market.  Also, the mix of sales has been in the lower price ranges, as the more expensive, typically ocean front condos tend to have better sales in the winter and spring season..

The one month absorption rate is up to 12.6 months, while the three-month average is at 10.4 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.

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.

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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 August 2012

the Gabe Sanders real estate team

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

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Palm Cove Golf and Yacht Club Open House

Palm Cove Golf and Yacht Club Open House

Join us on September 30, from 1 to 4 P.M. for this Palm Cove Golf and Yacht Club Open House at  210 SW Hatteras Court

When only the best will do. Beautiful home in Palm Cove has it all.

Expansive 3400 sq ft floor plan. 3 bedrooms, 3 full baths. Private office. Gorgeous marble floors. Upgraded cabinets, granite counter tops ,stainless appliances in the gourmet kitchen. Butlers pantry w/wine refrigerator. Large family room with expansive windows and golf course view. Luxurious master suite with sitting area, two over sized walk-in closets, plantation shutters. Master bath has dual sinks, granite counts, tub, shower, linen closet. Entertaining is a breeze on the expansive lanai area with summer kitchen, expanded heated pool. Screened porch to catch the river breeze. Three car garage. Community marina, (slips available), riverfront clubhouse, non-equity golf course

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Palm Cove Golf and Yacht Club Custom Home

Palm Cove Golf and Yacht Club Custom Home

This Palm Cove Golf and Yacht Club Custom Home was just listed at 209 SW Hatteras Court

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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Palm Cove Golf and Yacht Club Custom Home

 

Coming Soon: Palm Cove Golf and Yacht Club Town Home

Coming Soon:  Palm Cove Golf and Yacht Club Town Home

Soon to be on the market, a river front town home in the Palm Cove Golf and yacht Club.  A spacious 3 Bedroom 3.5 Bathroom town home with 2,750 square feet of living area and a 2 car attached garage.  Featuring a spacious loft area, soaring high ceilings and two master suites. One upstairs and one down.  Coming Soon: Palm Cove Golf and Yacht Club town home!

The MLS listing is scheduled to be active next week.  This unique offering is now available for showings.  Please call the Gabe Sanders real estate team at 772-323-6996 to schedule an appointment.

 

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Coming Soon:  Palm Cove Golf and Yacht Club Town Home

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

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

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

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

 

There are currently 190 active condo listings (Unchanged from last month).

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19 Condo sales are pending and awaiting close or lender approval (an increase of 2 condos from July).

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12 Condos Sold in August (Unchanged from July)

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The Stuart Florida Market Report ZIP Code 34996 for Condos was basically unchanged from July.  The only difference was an increase of 2 pending sales.  We are now in the off peak season for condos and it’s not unusual to see a lower number of pending sales and fewer closed sales for the summer and fall for this segment of Stuart, Florida real estate.

The current absorption rate for the Stuart Florida Market Report ZIP Code 34996 – Condo is just under 16 months.  Still a very strong buyers market for now.

The numbers for August 2011 were: 192 active listings, 29 pending sales and 12 closed sales.  Very similar numbers to the current market.

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

Sewalls Point Residential Market Report August 2012

Sewalls Point Residential Market Report August 2012

Sewalls Point Real Estate Snapshot, Residential Sales for August 2012

There are currently 57 active listings (an increase of 1 home for sale from July)

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16 Residential sales are pending and awaiting close or lender approval (am increase of 2 homes from July)

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3 Homes sold in July (Down 2 from July)

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The Sewalls Point market report for August 2012 remained pretty static compared to the spring when we had much greater activity.  There is still a fairly high inventory of Sewalls Point homes on the active market, though with 16 pending sales, this number should decrease if these sales close.  Then it will depend on whether or not more home owners decide to sell their homes or not.  The demand for well priced Sewalls Homes is strong, unfortunately demand for many homes in the higher price ranges is just not there at the present time.

Comparing the results to August of 2011, the inventory higher this year as there were only 37 homes on the market last year, pending sales numbered 13, and there were 4 sales from $325,000 to $819,000.  Considerably better numbers last year. Hopefully the Sewalls Point real estate market will show some better activity in the coming season.

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Sewalls Point Market Report – Residential, August 2012

Martin County Florida Condo Market Report for July 2012

Martin County Florida Condo Market Report for July 2012

 

Commentary:

The Martin County Florida Condo Market for July 2012 is showing signs of improvement even though we are now in the typically slower summer season for condo sales.  Sales for July were a strong 57 units, which is the highest number of condo sales for a July since 2005.  The inventory continues to shrink, although at a slower rate.  I would not be surprised to see some inventory growth as we get into the upcoming  fall and winter condo season.   For the first time in five months, we’ve seen a drop in median sales prices.  Rather than a decrease in values, this is indicative of a greater number of lower priced condos in the mix of the completed sales.

The inventory is now down to 571 condos, down from the 652 condos that were on the market in July of 2011. The one month absorption rate is now at 10.02 months, while the three-month average is at 8.99 months.  While it remains a somewhat challenging market for condos in Martin County, there are some signs of life as prices across the board have declined significantly. 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.

With any change to a favorable consumer sentiment, I expect condo sales to pick up dramatically this coming season as nervous potential vacation home buyers will have the courage to step off the sidelines.

[singlepic id=2633 w=600 h=600 float=center]

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 July 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


Willoughby Golf Club Pool Home with Lake Views Open House Sunday

Willoughby Golf Club Pool Home with Lake Views Open House Sunday

Join us on August 26 from 1 to 4 P.M. to view this spacious Willoughby Golf Club Pool Home with Lake Views Open House Sunday!

4585 SE Waterford Drive in the Willoughby Golf Club, Stuart, Florida

Enjoy living in this custom built 3 possible 4 bedroom 4 bath home loaded with top of the line upgrades in prestigious Willoughby Golf Club. Arthur Lee designed golf course. The kitchen is equipped with top of the line appliances including dual temperature controlled wine cooler, gas cook top, custom cabinets featuring pull out corner cabinets, spice tray, pantry drawer, granite counter tops, sliding pocket doors that open up the lanai. The patio area of this home overlooks a scenic lake and features a heated pool/spa, fully equipped summer kitchen with covered bar, great for entertaining. Family room has built-in entertainment center with Bose Surround Sound. Living room has a wet bar and gas fireplace. Home also has generator and accordion shutters.

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Willoughby Golf Club Pool Home with Lake Views Open House Sunday


Sewalls Point in Stuart Florida

Sewalls Point in Stuart Florida

Sewalls Point, Stuart, FL
When you travel east from Stuart , you cross over the St. Lucie River via the spectacular new Evans Crary Bridge into the prestigious town of Sewalls Point in Stuart Florida.  Sewalls Point is steeped in tradition and has a small, exclusive shopping center offering excellent restaurants, banking, fine arts, antiques, and numerous clothing stores for your shopping pleasure.
Town Hall, Sewalls Point
Sewalls Point Real Estate is well known for its unique fine housing, offering properties from $250,000 to over 10 million. Because Sewalls Point is a long, narrow peninsula almost completely surrounded by broad rivers, it boasts over 7 miles of beautiful waterfront homes! This provides glorious sunrise and sunset water views, plus quick access to the inlet to the Atlantic, just 2 miles from south Sewalls Point. Come visit us in Sewalls Point!
Most homes in Sewalls Point have no HOA fees, with the exception of a few planned communities.  The children of Sewalls Point attend ‘A’ rated Martin County schools, and as of this writing, they are: Felix Williams elementary, Stuart middle and Jensen Beach high.
Currently 45 homes are on the market in Sewalls Point and there are currently 11 homes under contract.  In the past 12 months, 47 homes have been sold in Sewalls Point, with an average sales price of $745,419 and $207 per square foot.

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

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

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

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

 

There are currently 190 active condo listings (Up 5 from last month).

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17 Condo sales are pending and awaiting close or lender approval (A decrease of 10 condos from June).

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12 Condos Sold in July (Down 8 from June)

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Not a very good month for the  Stuart Florida Market Report ZIP Code 34996 for Condos  We are now in the off peak season for condos and it’s not unusual to see a lower number of pending sales and fewer closed sales for the summer and fall for this segment of Stuart, Florida real estate.  For the first time in months, we’ve also seen a small increase in inventory as well.

The current absorption rate for the Stuart Florida Market Report ZIP Code 34996 – Condo is just under 16 months.  Still a very strong buyers market for now.

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