Jensen Beach FL 34957 Residential Market Report December 2018

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for December 2018

For December 2018 in the 34957 Zip Code area of Jensen Beach, Florida:

There are currently 187 active listings. (Down by 1 home from last month)

44 Residential sales are pending and awaiting close or lender approval. (Unchanged from November)

35 Homes Sold (Increased by 6 homes from November)

The Jensen Beach FL 34957 Residential Market had increased sales fro last month and very little other changes.

The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 5.3 months ( was 6.5 months in November). Transitioning back into a seller’s market for Jensen Beach residential segment after only one month as a balanced market. A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.

The December 2017 numbers were: 167 active listings, 52 pending sales, and 24 home sales closed. Better sales activity this year. But, less pending activity on an increased number of homes for sale in Jensen Beach.

Jensen Beach FL 34957 Residential Market Report December 2018

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Jensen Beach FL 34957 Residential Market Report December 2018

Monarch Country Club Real Estate Market Report January 2019

01.23.19 by Gabe Sanders

Monarch Country Club Real Estate Market Report January 2019

There are currently 10 active listings in the Monarch Country Club in Palm City FL. List prices range from $369,000 up to $625,000. This is an average list price of $487,770 which works out to $188.85 per sq. ft. of living area.

There are 4 homes under contract which have not yet closed to date. List prices were from $324,900 up to $549,000. This works out to an average of $392,450 or $189.82 per sq. ft. of living area. These homes were on the market for an average of 98 days before going under contract.

In the past year (12 months back), 33 homes have sold in the Monarch Country Club. Sales prices ranged from a low of $215,000 up to $485,000. This equals an average sales price of $354,758 which equals $165.11 per sq. ft. of living area. These homes sold on average at 95% of the last list price and were on the market for an average of 68 days before going under contract.

About the Monarch Country Club

One of Palm City’s premier neighborhoods, Monarch Country Club is home to the ‘Monarch’ Golf Course in a wonderful gated community of approximately 500 homes.

Homes in the Monarch Country Club range in size from estate sized homes with over 3,800 sq. ft. of living area and up to 5 bedrooms and 4 bathrooms with 3 car garages down to smaller attached villas with a more modest 1,300 sq. ft. of living area and 2 bedrooms, 2 bathrooms and a 2 car garage. For those living in the Monarch Country Club, membership in the golf club is not mandatory and there are a number of social memberships also available including tennis and community pool memberships.

The HOA fees (not including golf or social) ranged from just under $425.00 up to $460.00 a month depending on the size and the section of Monarch the home is located in. All ages and pets are welcome in Monarch and children are currently zoned to attend the Bessey Creek Elementary School, Hidden Oaks Middle School and Martin County High School.

This community is well located in Palm City close to Florida’s Turnpike for commuters and with easy access to shopping, restaurants, medical facilities and the many boat ramps and waterways in Martin County.

The championship course at Monarch boasts 6,867 yard par 72 with a slope of 133 and a rating of 73.6. Shorter options exist for all levels of play. This is an Arnold Palmer designed course that opened in 1987 and is currently managed as a ClubCorp facility.

There’s a beautiful clubhouse with pro shop, fine dining room, snack bar and outside bar that is open to club members and residents of Monarch Country Club. The two story structure offers beautiful views of the emerald green fairways of the ‘Monarch’ course at the Monarch Country Club. This fine facility is also available for business, social conferences and weddings. Adjacent to the clubhouse is a professional caliber tennis facility with six perfectly maintained, lighted Har-Tru courts. A full-service Pro Shop is available to suit all of your needs. Lessons, groups, tournaments are all accommodated by the friendly staff.

Currently there are a number of fine homes available for sale in the Monarch Country Club, ranging from smaller attached villas to larger estate homes with magnificent lake and golf course views.

Here are the currently available Monarch Country Club Homes for Sale

Monarch Country Club Real Estate Market Report January 2019

Palm City FL 34990 Condo Market Report December 2018

01.22.19 by Gabe Sanders

Palm City FL 34990 Condo Market Report December 2018

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for December 2018

For December 2018 in the 34990 Zip Code area of Palm City, Florida :

There are currently 97 active condo listings. (Increased by 8 condos from November)

5 Condo sales are pending and awaiting close or lender approval. (Up by 4 condos from last month)

0 Condos Sold in December. (Down by 2 condos from November)

The Palm City FL 34990 condo real estate market remains a fairly small segment of the Martin County condo market. No sales for December but we do have some condos under contract. The sales activity in this market is skewed by two tough condo communities with high equity and association fees that make this market quite challenging.

The current absorption rate for condos in the 34990 zip code can’t be calculated with 0 sales for this month (was 44.5 months in December). An extreme buyer’s market for Palm City condominiums. A balanced market is considered to be an absorption rate of around 6 to 7 months.

The December 2017 numbers were: 101 active listings, 16 pending sales, and 10 closed sales. Better activity last year.

Palm City FL 34990 Condo Market Report December 2018

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Palm City FL 34990 Condo Market Report December 2018

Leilani Heights Jensen Beach January 2019 Market Report

01.22.19 by Gabe Sanders

Leilani Heights Jensen Beach January 2019 Market Report

There is currently only 1 active listing in Leilani Heights as of January 2019. The list price is $255,888 or $149.47 per sq. ft. of living area.

Thereis also only 1 home currently under contract. It was listed for $279,900 which works out to $121.70 per sq. ft. of living area. This home was on the market for 39 days before going under contract.

In the past 12 months, 14 homes have sold in Leilani Heights. Sales prices ranged from $181,000 up to $292,000 with the average sales price being $228,886 which equals $154.74 per sq. ft. of living area. The average days on market prior to an accepted offer was34 days and these sales averaged at 95% of the list price.

About Leilani Heights in Jensen Beach FL:

Located so close to the many exciting and beautiful places in Jensen Beach, Leilani Heights has been a well known family oriented neighborhood for many years. Leilani Heights is within walking distance from the Five Star Jensen Beach Elementary School that has earned an “A” rating for 5 years in a row! The Leilani Heights neighborhood is also located less than 10 minutes from Jensen Beach High School, a newer facility filled with fantastic teachers and sports programs. If you are a beach lover then you are in luck! Living in Leilani Heights, you are only a few minutes from having your toes in the sand. Want to enjoy downtown Jensen Beach? Then you are only five minutes away! Treasure Coast Square Mall is also just a short ride away! So if you want to be close to the five star schools, beaches, quality restaurants, the mall, family sports and recreation areas then Leilani Heights is your perfect fit.

Leilani Heights real estate in Jensen Beach

Leilani Heights has a very reasonable HOA fee of just under $13.00 a month ($150.00 annually).

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Leilani Heights Jensen Beach January 2019 Market Report

Palm City FL 34990 Residential Market Report December 2018

01.21.19 by Gabe Sanders

Palm City FL 34990 Residential Market Report December 2018

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for December 2018

For December 2018 in the 34990 Zip Code area of Palm City Florida :

There are currently 349 active listings (Down by 7 homes from November)

94 Residential sales are pending and awaiting close or lender approval. (Down by 5 homes from last month)

57 Homes Sold in September (Down by 9 homes from November)

The Palm City FL, zip code 34990 residential real estate market showed reduced activity for December from the previous month and has transitioned into a balanced market.

The monthly absorption rate increased to 6.1 months from 5.4 months in November. Transitioning into a balanced market for the Palm City zip code 34990 area for residential sales for the first time in quite a while of being in a seller’s market. A 6 to 7-month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The December 2017 numbers were: 381 active listings, 96 pending sales, and 66 closed sales. Slighltless volume of sales and pending sales this year but this is on a significantly lower inventory of available homes for sale.

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Palm City FL 34990 Residential Market Report December 2018

Crane Creek in Martin Downs January 2019 Market Report

01.21.19 by Gabe Sanders

Crane Creek in Martin Downs January 2019 Market Report

As of January 2019, there are 9 homes actively listed in Crane Creek. List prices range from $409,000 up to $749,900. This is an average list price of $550,199 which equals $158.83 per sq. ft. of living area.

There are 3 Crane Creek homes under contract and awaiting settlement. List prices ranged from $349,000 up to $774,740. It works out to an average list price of $517,913 which works out to $160.36 per sq. ft. of living area. These homes were on the market for an average of 131 days before going under contract.

In the past 12 months, there have been 19 sales in Crane Creek with sales prices ranging from $310,000 up to $675,000. This works out to an average sales price of $464,152 or $141.15 per sq. ft. of living area. The average days on market was 61 with a 96% list to sales price ratio.

About Crane Creek in Palm City:

The coast of Florida on the eastern side offers many wonderful locations. One of the secret attractions is Crane Creek real estate development. This community is found within Palm City. With all the accommodations the Palm City area has to offer it should not be a surprise that a select neighborhood such as Crane Creek real estate properties is a high commodity.

An abundance of parks to soak in the outdoors from a climate that allows for it year round; fields for football, soccer, baseball, softball, lacrosse, tennis and basketball courts, skate rinks and parks, horseshoes, playgrounds, picnic areas, shelters, boat ramps and much more
A wide variety of fishing from saltwater to freshwater, surf to pier to deep water, charter, novice, and expert, tournament or hobby
An assortment of arts and culture; musicals, plays, movie theaters, miniature golf, pleasure cruises, restaurants, fine art collections, gift shops, festivals, art shows, museums, theme parks
A large range of shopping experiences including leading retailers, specialty shops, charming boutiques, malls

Crane Creek real estate is situated within Martin Downs Country Club. A gated golf course community, Crane Creek has the finest features needed to make the community as upscale and appealing as possible. However, none of this is forced upon you because membership in the country club is optional.

There is also the opportunity to partake in one of the many other conveniences in place at the country club facility. There is a driving range, chipping area, putting green, practice bunker and rental clubs. The Crane Creek real estate in Martin Downs is made up of marvelous and varied homes with something for everyone. The properties involve a wide selection of architectural style and choices from condominiums to estate homes. The parcels also have as much variation with maintenance free lots and large acreage lots. Within minutes from two of Florida’s major thoroughfares, Florida’s Turnpike and I-95, the location of Crane Creek real estate removes the hassle from commuting. In addition to all of these amenities, recent business dealings in the Crane Creek real estate area may bring one more amenity. In this part of Florida, there is fishing, golf, and horses. An equestrian facility would bring horse shows and an increase in revenue for locally owned businesses. Come take a look at all of the extras and all of the expected in this community. Contact us today so we can put our knowledgeable and professional expertise to work for you as you look into becoming part of the Crane Creek real estate undertaking.

Crane Creek in Martin Downs in Palm City

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Crane Creek in Martin Downs January 2019 Market Report

Pinecrest Lakes January 2019 Market Report

01.20.19 by Gabe Sanders

Pinecrest Lakes January 2019 Market Report

There are 4 homes for sale in the Pinecrest Lakes community of Jensen Beach FL as of January 2019. Listing prices range from $359,000 up to $458,000 for an average list price of $416,725 which equals $188.05 per sq. ft. of living area.

There are 2 homes under contract and awaiting closing. The list prices were $439,000 and $519,900 for an average list price of $479,450 which works out to $165.54 per sq. ft. of living area. These homes were on the market for an average of 155 days before going under contract.

In the past 12 months, 18 homes have sold in Pinecrest Lakes with sales prices ranging from $318,250 up to $600,000 or an average sales price of $458,161 which is $192.72 per sq. ft. of living area. These sales averaged 57 days on market and sold at 95% of list price.

About Pinecrest Lakes in Jensen Beach:

The Pinecrest Lakes community of Jensen Beach FL was first developed in the late 70’s and early 80’s during a time when the Martin County Commissioners were notoriously stringent and restrictive about new developments in the area. Consequently, this community has a distinctive feel and flavor. All homes are on at least a 1/2 acre lot with many on larger 1 to 2 acre lots. None of the homes are identical and all types of construction and paint schemes are allowed.

Pinecrest Lakes Homes for Sale

Pinecrest Lakes is located south of NE Jensen Beach Boulevard and just east of the new Green River Parkway. Residents enjoy wide winding streets with sidewalks, street lights, underground utilities and public water. Community features include tot lots, parks, lakes and tennis courts.

Pinecrest Lakes is located in Martin County’s “A” rated school district. The local public elementary school, Jensen Beach Elementary School, is less than a mile away, within easy walking and biking distance for students. Students also attend Stuart Middle School in Stuart and Jensen Beach High School located approximately 1 mile northwest of the community on NE Jensen Beach Boulevard.

Pinecrest Lakes Homes for Sale

Pinecrest Lakes is also about 1 mile to the east of the Treasure Coast Square Mall, Martin County’s main shopping center. Residents are a short ride away from the beautiful beaches on Hutchinson Island, historic downtown Jensen Beach, Indian Riverside Park as well as numerous boat ramps and marinas that serve the vast boating resources available in Martin County.

All ages and pets are welcome in Pinecrest Lakes. The HOA fees were a very reasonable $67.00 a month and include maintenance and reserve funds for all of the common areas in this community.

Here are the currently available Pinecrest Lakes Homes for Sale in Jensen Beach, Florida

Pinecrest Lakes January 2019 Market Report

Rocky Point Estates January 2019 Market Report

01.19.19 by Gabe Sanders

Rocky Point Estates January 2019 Market Report

There are currently 2 homes available for sale in Rocky Point Estates. The list prices are $314,900 and $699,999. This is an average list price of $507,450 or $205.73 per sq. ft. of living area.

There are 3 homes under contract which has not sold to date. List prices ranged from $329,900 up to $398,500. This works out to an average list price of $371,133 which is $257.76 per sq. ft. of living area. This home was on the market for 13 days before going under contract.

In the past 12 months, 4 homes have sold in Rocky Point Estates. Sales prices ranged from $306,500 up to $475,000. This is an average sales price of $387,125 which works out to $219.87 per sq. ft. of living area. These homes sold for an average of 97% of the last list price and took an average of 27 days of being on the market prior to receiving an accepted offer.

About Rocky Point Estates:

Rocky Point Estates

Rocky Point Estates is an HOA community in the eastern middle of Rocky Point. Homes on Orange St, Nassau Ter. and the north side of Matousek St. had the opportunity to join this HOA when it was developed. For the very reasonable sum of $145.00 per year, members have access to a large park with a boat ramp and picnic grounds available for their exclusive use. In addition to the ramp and picnic area, there’s a 29 slip marina suitable for boats up to 30’ in length. These docks can only be owned (or leased) by members in good standing within the Rocky Point Estates HOA community. Individuals within Rocky Point Estates have the option to sell or trade docks within the community.

Rocky Point Estates

This boat ramp and the docks are in a highly desirable location that’s only about a mile or so from the open waters of the Atlantic Ocean through the Saint Lucie Inlet. Fisherman in this community love the fact that they can be casting their lines in deep water just minutes after leaving the dock or ramp.

Rocky Point Estates

There are just over 170 homes belonging to the association. Homes were first built in this community in 1959 and the latest home was just completed in 2014. Homes are of all styles and sizes ranging from 5 bedroom, 4 bathroom home on almost a half-acre down to under 1,000 sq. ft., 2 bedroom, 1 bathroom homes on under a quarter of an acre lots.

Rocky Point Estates

Children residing in Rocky Point Estates attend the Martin County School District with current assignments to Port Salerno Elementary, Murray Middle and South Fork High Schools. Residents are also close to a number of wonderful restaurants and first class medical facilities.

Rocky Point Estates

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Rocky Point Estates January 2019 Market Report

Stuart FL 34997 Condo Market Report December 2018

01.18.19 by Gabe Sanders

Stuart FL 34997 Condo Market Report December 2018

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for December 2018

For December 2018 in the 34997 Zip Code area of Stuart, Florida:

There are currently 49 active condo listings (Up by 5 condos from November).

Stuart FL 34997 Condo Market Report December 2018

8 Condo sales are pending and awaiting close (Down by 14 condos from November).

Stuart FL 34997 Condo Market Report December 2018

19 Condos Sold in December (Up by 11 condos from November).

Stuart FL 34997 Condo Market Report December 2018

The Stuart FL condo market for zip code 34997 reaminsinventory challenged but had a good number of closed sales. Pending sales took an unexpected drop and may affect closed sales in the coming months.

The absorption rate rose to 2.6 months in December compared to 5.5 months for November. Remaining in an extreme seller’s market at this time for the 34997 zip code of Stuart FL. A 6 to 7-month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.

The December 2017 numbers were: 57 active listings, 17 pending sales, and 19 closed sales. The same number of closed sales when compared to last year on a reduced inventory, but a greatly reduced number of pending sales.

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Stuart FL 34997 Condo Market Report December 2018

Lake Tuscany January 2019 Market Report

01.18.19 by Gabe Sanders

Lake Tuscany January 2019 Market Report

As of January 2019, there is only 1 home available for sale in Lake Tuscany in Stuart FL. This home is listed for $449,900 which is an average price per square foot of living area of $125.67.

There is 1 home currently under contract. This home was listed for $369,900 or $177.50 per sq. ft. of living area and was on the market for 18 days prior to going under contract.

In the past 12 months, 10 homes have sold in Lake Tuscany ranging in sales price from $375,000 up to $543,250. This works out to an average sales price of $454,425 which equals $153.26 per sq. ft. of living area. These homes took an average of 94 days on market to go under contract and sold at 97% of list price.

About Lake Tuscany in Stuart Florida:

Lake Tuscany in Stuart FL is a newer subdivision just to the west of I-95 in Martin County, Florida. The homes in Lake Tuscany were mostly completed between 2004 to 2005. This attractive subdivision is set up with a gated entrance and all 98 homes in Lake Tuscany are on Panther Trace which makes a large circle around the lake in the center. Homes range from 3 Bedroom, 3 Bath or 4 BR 2 Baths of around 2100 sq. ft. of living area to spacious 6 Bedroom, 4 Bathroom 2 story homes with lofts and theater rooms with pools by the lakeside along with 3 car garages. All are high-quality homes built by local builder Mercedes Homes.

Lake Tuscany boasts lush landscaping and very reasonable Home Owner’s Association fees of $108.00 per month. These fees cover security, the common areas and lake upkeep, basic cable, trash collection and front landscaping. The Lake Tuscany property owners website is located at this site.

Families in Lake Tuscany enjoy Martin County’s ‘A’ rated schools in the following schools: Crystal Lake Elementary, David L Anderson Middle School and South Fork High School. Shopping is only minutes away and there’s easy access to Martin County’s waterways and just a short drive to the many public beaches.

Lake Tuscany in Stuart Florida

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Lake Tuscany January 2019 Market Report

Stuart FL 34997 Residential Market Report December 2018

01.17.19 by Gabe Sanders

Stuart FL 34997 Residential Market Report December 2018

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for December 2018

For December 2018 in the 34997 Zip Code area of Stuart, Florida:

There are currently 341 active listings (Increased by 19 homes from November).

93 Residential sales are pending and awaiting close or lender approval (Down by 33 homes from November).

70 Homes Sold in December (Increased by 9 homes from November)

The Stuart Florida Residential Market for ZIP Code 34997 had an increase in closed sales for December but also an unexpected large decrease in pending sales which may affect closed sales in the near future.

The absorption rate dipped to 4.9 months (was 5.3 months for November). Still in a seller’s market for the 34997 zip code area of Stuart for December 2018. Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7-month absorption rate.

The 2017 numbers for December, were: 275 active listings, 121 pending listings, and 81 closed sales. Even with a greater number of available homes for sale, activity was greater last year.

Stuart FL 34997 Residential Market Report December 2018

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Stuart FL 34997 Residential Market Report December 2018

Osprey Cove in Hobe Sound January 2019 Market Report

01.17.19 by Gabe Sanders

Osprey Cove in Hobe Sound January 2019 Market Report

There are currently 6 homes for sale in Osprey Cove in Hobe Sound, FL. The list prices range from $599,000 up to $680,000. This is an average list price of $633,823 or 238.55 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, 6 homes have sold in Osprey Cove with sales prices ranging from $530,000 up to $970,000. This equals an average sale price of $658,000 which works out to $221.88 per sq. ft. of living area. These homes averaged 123 days on the market before going under contract and sales prices averaged 97% of list price.

About Osprey Cove in Hobe Sound:

Osprey Cove in Hobe Sound

Osprey Cove in Hobe Sound, Florida is a waterfront community off of Gomez Avenue in the vibrant Hobe Sound area of Martin County, Florida. It is also known as the Osprey Cove Yacht Club and boasts 32 deep water boat slips just off the Intracoastal Waterway. There are only 86 homes in this gated community that broke ground in late 2000 with homes being completed from 2000 through 2006. Homes range in size from 3 bedroom, 3 bathroom, 2 car garage homes of 2,230 sq. ft. to 5 bedroom, 4 and 1/2 bathroom, 3 car garage pool homes of over 4,000 sq. ft. of living area. There’s also a community pool and tennis court available to all residents. The HOA fees in Osprey Cove are a very reasonable $215.00 a month.

Osprey Cove in Hobe Sound

For boaters, the docks are approximately 5 miles from the Saint Lucie Inlet of Martin County and just under 10 miles from the Jupiter Inlet in Palm Beach County. All Osprey Cove residents enjoy easy access to shopping, restaurants and the pristine beaches of Jupiter Island in Martin County.

For families, the Martin County School District is one of the highest rated in Florida and children attend the Hobe Sound elementary school, Murray middle school, and South Fork high school. There are also a number of excellent private schools located nearby, including the Pine School.

You can find additional information at the Osprey Cove in Hobe Sound Homeowner’s Association web page.

Osprey Cove in Hobe Sound

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Osprey Cove in Hobe Sound

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Osprey Cove in Hobe Sound January 2019 Market Report

Stuart FL 34996 Condo Market Report December 2018

01.16.19 by Gabe Sanders

Stuart FL 34996 Condo Market Report December 2018

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for December 2018

For December 2018 in the 34996 Zip Code area of Stuart, Florida :

There are currently 124 active condo listings (Up by 5 condos from last month).

26 Condo sales are pending and awaiting close or lender approval (Down by 7 condos from November).

27 Condos Sold in December (Up by 3 condos from November)

The Stuart FL 34996 Condo Market of Stuart showed an increase in sales but a decrease in pending sales from last month. Though, the activity remains quite strong.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 dipped to 4.6 months from November’s 5.0 months. Transitioning back into a seller’s market for this segment of Martin County condos. A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for December 2017 were: 134 active listings, 35 pending sales, and 20 closed sales. Better closed sales activity this year but better pending sales last year. One of the few areas with a lower inventory this year. I expect this to change in the coming months.

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Stuart FL 34996 Condo Market Report December 2018

Portofino Condos at Jensen Beach January 2019 Market Report

01.16.19 by Gabe Sanders

Portofino Condos at Jensen Beach January 2019 Market Report

As of January 2019, there are 5 condos available for sale in Portofino. List prices range from $135,000 up to $189,900. This is an average list price of $168,120 or $166.18 per sq. ft. of living area.

There is 1 condo under contract at this time. The list price was $172500 which equals $160.61 per sq. ft. of living area. This condo was on the market for 64 days before this offer was accepted.

In the past 12 months, 13 condos have sold in Portofino, ranging in sales price from $107,000 up to $175,000. This equals an average sales price of $143,973 which which works out to $143.34 per sq. ft. of living area. The average days on market was 46 and the average list to sales price ratio was 97%.

About the Portofino Condos at Jensen Beach:

Portofino of Jensen Beach is a gorgeous gated condo community that’s just great for families or singles. Portofino offers fantastic amenities such as a resort-style pool and hot tub, a state-of-the-art fitness center, and an indoor air-conditioned racquetball court along with outdoor tennis court. A business center is also available that delivers the conveniences of a home office, with computers, a copier, and a fax machine to keep you connected. A children’s playground is also available. This community is only 10 minutes from the beaches, and it is just minutes to both Jensen Beach Elementary School and Jensen Beach High School. Jensen Beach students also attend Stuart Middle School which is only about 15 minutes away.

Portofino Condos at Jensen Beach

Portofino Condos at Jensen Beach is one of the newest condominium subdivisions in Martin County. Originally built as an upscale apartment complex around 2000, this development was turned into condominiums and began sales in 2005. Due to the downturn in the housing market, not all units were sold and some are now being offered for lease. Portofino Condos at Jensen Beach January 2019 Market Report features 1, 2 and 3 bedroom units with separate garage parking as an added purchase when available. Unit sizes are 802 sq. ft. for the 1 Bedroom 1 bath, 1074 sq. ft. for the 2 Bedroom 2 bath, and 1252 sq. ft. for the 3 Bedroom 2 bath.

With a total of 384 units, there are 116 one-bedroom, 196 two-bedroom, and 72 three-bedroom units within Portofino that are spacious and include balconies! Portofino provides luxury living for its residents, set in a peaceful Florida preserve atmosphere, many with lake views. Living in Portofino of Jensen Beach you will feel like you are on vacation year round!

The Condo Owners Association fees range from $245.00 to $281.00 per month depending on unit size and for garage owners, there’s an additional $20 per month charge. Fees include the extensive grounds and gated entry as well as the amenities, which include a large community pool, heated whirlpool, state of the art fitness center, indoor racquetball court, tennis court, playground and a private clubhouse with a full kitchen.

All ages are welcome in Portofino Condos at Jensen Beach. Children attend Martin County’s highly rated school system, currently at Jensen Beach elementary school, Stuart middle school and Jensen Beach high school. Portofino Condos is close to the Treasure Coast mall as well as numerous shops and restaurants, medical facilities and only a few minutes to the waterways of Martin County and the beaches of Hutchinson Island.

Portofino Condos at Jensen Beach

For information about sales or rentals of Portofino Condos in Jensen Beach, please call the Gabe Sanders real estate team at 772-323-6996 or contact us here.

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Portofino Condos at Jensen Beach January 2019 Market Report

Stuart FL 34996 Residential Market Report December 2018

01.15.19 by Gabe Sanders

Stuart FL 34996 Residential Market Report December 2018

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for December 2018

For December 2018 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 167 active listings (Decreased by 2 homes from October).

23 Residential sales are pending and awaiting close (Up by 6 homes from October).

15 Homes Sold in December (Up by 2 homes from October).

The 34996 zip code area of the Stuart Florida improved from last month. Though this segment has been in a buyer’s market now for a few months.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for December dropped to 11.1 months as compared to October’s 13.0 months. Remaining in a buyer’s market for the 34996 zip code area of Stuart FL. A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for December 2017 were: 141 active listings, 37 pending sales, and 14 closed sales. Marginally better sales volume and fewer pending sales this year with a higher inventory.

Stuart FL 34996 Residential Market Report December 2018

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Stuart FL 34996 Residential Market Report December 2018

Tradewinds on Hutchinson Island January 2019 Market Report

01.15.19 by Gabe Sanders

Tradewinds on Hutchinson Island January 2019 Market Report

As of January 2019 there were no townhomes for sale in Tradewinds on Hutchinson Island in Jensen Beach FL.

There are also no townhouses currently under contract.

In the past 12 months, 2 homes have sold. The sales prices were $388,000 and $390,000 for an average sales price of $389,000 which equals $203.03 per sq. ft. of living area. These townhomes averaged 68 days on the market before going under contract. The sales prices averaged 98% of list price.

About Tradewinds in Jensen Beach:

Located west of A-1-A (Ocean Drive) on Hutchinson Island in Jensen Beach (Saint Lucie County) and just approximately 3 miles north of the Jensen Beach Causeway is this unique townhome community by the name of Tradewinds.

There are a total of 14 townhomes in Tradewinds. Two large Spanish Med style units on the north end were completed in 2009 while the other 10 are in a Key West style and were completed between 2012 and 2014.

The older units are quite large with over 3,500 sq. ft. of living space on two and three levels and numerous bedrooms and bathrooms and garages. The newer units are all 3 bedroom, 2 and ½ bathroom homes with approximately 2,300 sq. ft. of living area with reserved parking. There is one end unit that has a detached garage.

All ages are welcome and up to two large pets are OK. Rentals are also permitted with some restrictions.

These townhomes are deeded as condos so the monthly fee of $535.00 includes maintenance and insurance for all structures and common areas. There is a community pool as well as a community pier with deeded docks on the Indian River (Intracoastal Waterway). Residents of these townhomes have the ability to go fishing on the Intracoastal from their boat or right from the dock, or simply just walk across the street to enjoy the crystal clear waters of the Atlantic Ocean.

Because of the limited number of residences in the Tradewinds, these don’t come on the market very often, so please contact me for a listing alert for any new townhomes that come on the market in the Tradewinds.

Tradewinds on Hutchinson Island January 2019 Market Report

Stuart FL 34994 Condo Market Report December 2018

01.14.19 by Gabe Sanders

Stuart FL 34994 Condo Market Report December 2018

Stuart FL Real Estate Snapshot for ZIP Code 34994, Condo Sales for December 2018

For December 2018 in the 34994 Zip Code area of Stuart, Florida :

There are currently 100 active condo listings (Up by 4 condos from November).

44 Condo sales are pending and awaiting close or lender approval. (Decreased by 4 condos from last month)

17 Condos Sold in December (Up by 8 condos from November).

The Stuart FL 34994 Condo market rebounded with an increase in closed sales while a slight decrease in pending sales, but remaining as a very active market.

The absorption rate for December dropped to 5.9 months compared to last month’s 10.7. Back into a seller’s market after one month of a buyer’s market for this condo segment of Stuart’s 34994 zip code area. Typically a real estate market is considered to be a balanced market with an absorption rate of 6 to 7 months. Meaning neither the buyers or sellers have an advantage in the real estate market.

Last December the numbers were 91 active listings, 35 pending sales, and 15 closed sales. A better volume of sales and pending sales this year with only a slightly higher inventory.

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Stuart, FL Real Estate

Business Opportunity Properties

- Business Opportunity Properties for Sale in Stuart, Florida Between $0 – $500,000
- Business Opportunity Properties for Sale in Stuart, Florida Between $500,000 – $1,000,000

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- Rental Properties for Rent in Stuart, Florida Between $0 – $500,000

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Residential Income Properties for Sale in Stuart, Florida Between $0 – $500,000

Stuart Florida Real Estate presented by:
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Stuart FL 34994 Condo Market Report December 2018

The Florida Club January 2019 Market Report

01.14.19 by Gabe Sanders

The Florida Club January 2019 Market Report

Stuart, Florida

As of January 2019, there are 5 Florida Club homes for sale. List prices range from $299,000 up to $459,900 for an average list price of $394,580 which works out to $198.92 per sq. ft. of living area.

There are 4 homes under contract awaiting closing. List prices ranged from $269,900 up to $494,500. This equals an average list price of $353,325 which works out to $196.47 per sq. ft. of living area. These homes averaged 65 days on the market before going under contract.

In the past 12 months, 29 homes have sold in the Florida Club with sales prices ranging from $255,000 up to $476,900 for an average sales price of $341,009 which equals $179.44 per square foot of living area. The average days on market before going under contract was 49 days with a 97% list to sales price ratio.

About the Florida Club:

Conveniently located at the gateway to Stuart, Florida and Martin County, the Florida Club is a DiVosta built golf club community located off Kanner Highway and within minutes of I-95. This non-equity golf club community consists of 433 homes. 113 homes in the estate’s section of the Florida Club featuring larger lots and spacious estate sized homes. Many with both lake or golf course views and a few with both. The remaining Florida Club homes feature either single family or attached one-story villas, many also with golf course and/or lake views. Residents of the Florida Club can enjoy daily golf or if they wish can forgo being a member and just enjoy the benefits of living in a wonderful gated community without the expense of golf club membership. Additionally, for those wishing to play only occasional (or just seasonal) golf, the Florida Club is open for non-members.

The Florida Club in Stuart Florida — Google Earth image

Perfect for anyone who wants the convenience of easy access to I-95 with Palm Beach, Fort Lauderdale and Miami, just a quick trip to the south and Orlando to the north. Yet still only minutes to the wonderful Atlantic Beaches of both Stuart or Hobe Sound and Jupiter Island.

The Martin County location ensures low property taxes and ‘A’ rated school system. Enjoy the Florida sunshine and all that this friendly neighborhood has to offer.

The monthly homeowners association fees are $230.00 to $260.00 depending on the section the home is located in. There is also a one time capito; contribution of $600.00 charged for all home buyers. For more information about golf at the Florida Club January 2019 Market Report please visit their website: Florida Club Web Site.

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The Florida Club January 2019 Market Report

Summerfield Real Estate Market Report January 2019

01.13.19 by Gabe Sanders

Summerfield Real Estate Market Report January 2019

As of January 2019, there are 4 homes on the market in Summerfield ranging in listing price from $329,900 up to $475,000. This is an average list price of $410,975 which equals $188.42 per square foot of living area.

There are 2 homes under contract (pending) awaiting their closing. Listing prices were $424,000 and $449,000. This equals an average list price of $436,500 which is $203.23 per square foot of living area. These homes averaged 21 days on the market prior to receiving an accepted offer.

In the past 12 months, 24 Summerfield homes have sold. Sales prices ranged from $270,000 up to $710,000. This works out to an average sales price of $383,829 which equals $191.83 per square foot of living area. These homes averaged 48 days on the market before going under contract and the average list to sales price ratio was 97%.

About Summerfield the Home of the Champions Golf Club:

Summerfield is located on over 275 acres and hosts a little over 500 single family homes adjoining the Champions Golf Course. Selected as one of the top 10 Golf Courses he nation by Golf Magazine in 1995, it is the first public golf course awarded the Audubon Signature Sanctuary Statuary because of its natural beauty. This Tom Fazio designed course is open to the public with very reasonable membership fees. Visit the Champions Course website for more information at http://www.thechampionsgolfclub.com/

The residential section is known as Summerfield and is a secured gated community with homes ranging in size from smaller 2 bedroom coach homes of around 1500 square feet up to 5 bedroom estate homes boasting over 3,000 square feet of living area.

Summerfield boasts an exceptionally large community pool and clubhouse with dining and entertainment facilities, fitness center and a professional 6 court Tennis club. All of these amenities are available at the very reasonable HOA fee of $130.00 a month, along with the convenience of on-site manager to handle any issues that may arise.

Very conveniently located near US-1 and Cove Rd, residents can enjoy close proximity to shopping, medical facilities with downtown Stuart only minutes away and only 30 minutes to the Palm Beaches. Easy access to I-95 where travel to Orlando or Miami is only 2 hours by car.

The following homes are currently available for sale in Summerfield:

Summerfield Homes for Sale

Stuart Florida Real Estate

Summerfield Real Estate Market Report January 2019

Tarpon Bay Yacht Club Condo Sold

01.12.19 by Gabe Sanders

Tarpon Bay Yacht Club Condo Sold

3100 SE Pruitt Road, Building H-Suite 205 has sold with the buyer introduced to this waterfront condo with wide water views by Gabe Sanders of Real Estate of Florida. This condo sold for the excellent price of $159,000 for my buyer.

Waterfront 2 bedroom, 2 bathroom condo with spectacular views of Kitching Cove in Port Saint Lucie just off of the North Fork of the Saint Lucie River. Very well maintained and partially updated condo.The Tarpon Bay the dock fees are just $1.50 per foot per month! Docks are available in various sizes up to 50’ are managed by the community and leased on a first come/first serve basis. Dinghy and kayak spots for $60/yr. Elevator building with extra storage closet for your gear.

There’s an active clubhouse and community pool and tennis courts for all residents. This is a 55+ and no pets are permitted.

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772-763-8506

Jensen Beach FL 34957 Residential Market Report December 2018

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for December 2018

For December 2018 in the 34957 Zip Code area of Jensen Beach, Florida:

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Jensen Beach FL 34957 Residential Market Report December 2018

Monarch Country Club Real Estate Market Report January 2019

About the Monarch Country Club

Monarch Country Club Real Estate Market Report January 2019

Palm City FL 34990 Condo Market Report December 2018

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for December 2018

For December 2018 in the 34990 Zip Code area of Palm City, Florida :

Palm City FL 34990 Condo Market Report December 2018

Leilani Heights Jensen Beach January 2019 Market Report

About Leilani Heights in Jensen Beach FL:

Leilani Heights Jensen Beach January 2019 Market Report

Palm City FL 34990 Residential Market Report December 2018

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for December 2018

For December 2018 in the 34990 Zip Code area of Palm City Florida :

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Palm City FL 34990 Residential Market Report December 2018

Crane Creek in Martin Downs January 2019 Market Report

About Crane Creek in Palm City:

Crane Creek in Martin Downs January 2019 Market Report

Pinecrest Lakes January 2019 Market Report

About Pinecrest Lakes in Jensen Beach:

Pinecrest Lakes January 2019 Market Report

Rocky Point Estates January 2019 Market Report

About Rocky Point Estates:

Rocky Point Estates January 2019 Market Report

Stuart FL 34997 Condo Market Report December 2018

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for December 2018

For December 2018 in the 34997 Zip Code area of Stuart, Florida:

Stuart FL 34997 Condo Market Report December 2018

Lake Tuscany January 2019 Market Report

About Lake Tuscany in Stuart Florida:

Lake Tuscany January 2019 Market Report

Stuart FL 34997 Residential Market Report December 2018

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for December 2018

For December 2018 in the 34997 Zip Code area of Stuart, Florida:

Stuart FL 34997 Residential Market Report December 2018

Osprey Cove in Hobe Sound January 2019 Market Report

About Osprey Cove in Hobe Sound:

Osprey Cove in Hobe Sound January 2019 Market Report

Stuart FL 34996 Condo Market Report December 2018

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for December 2018

For December 2018 in the 34996 Zip Code area of Stuart, Florida :

Stuart FL 34996 Condo Market Report December 2018

Portofino Condos at Jensen Beach January 2019 Market Report

About the Portofino Condos at Jensen Beach:

Portofino Condos at Jensen Beach January 2019 Market Report

Stuart FL 34996 Residential Market Report December 2018

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for December 2018

For December 2018 in the Stuart Florida Market Report ZIP Code 34996 Florida :

Stuart FL 34996 Residential Market Report December 2018

Tradewinds on Hutchinson Island January 2019 Market Report

About Tradewinds in Jensen Beach:

Tradewinds on Hutchinson Island January 2019 Market Report

Stuart FL 34994 Condo Market Report December 2018

Stuart FL Real Estate Snapshot for ZIP Code 34994, Condo Sales for December 2018

For December 2018 in the 34994 Zip Code area of Stuart, Florida :

Stuart, FL Real Estate

Business Opportunity Properties

Commercial Properties

Land Properties

Rental Properties

Residential Properties

Residential Income Properties

Stuart FL 34994 Condo Market Report December 2018

The Florida Club January 2019 Market Report

About the Florida Club:

The Florida Club January 2019 Market Report