Great New Price for this Cedar Pointe First Floor Condo

Great New Price for this Cedar Pointe First Floor Condo

This Cedar Pointe 2 bedroom 2 bathroom condo in Village 8 Building 140 Suite 3 has been reduced to  $74,000.

First floor 2 bedroom and 2 bathroom condo in Cedar Pointe. Full width glassed/screened patio in rear leading out to a quiet garden area. Conveniently located next to the Village 8 heated pool and clubhouse and within minutes of beaches, golf, fishing, shopping, historic downtown Stuart, as well as many medical and professional services. This is an excellent opportunity for an affordable permanent home right in the heart of Stuart, or use it as your getaway from those cold northern winters.

Cedar Pointe Village 8 Condo Cedar Pointe Village 8 Condo

Cedar Pointe is an active adult community of 62, 2 story buildings divided into 8 villages with numerous clubhouses and pools as well as recreational areas.  One of the prime locations in the city of Stuart only minutes away from the pristine beaches of the Atlantic Ocean and close to shopping, restaurants and medical facilities.

Cedar Pointe Village 8 Condo Cedar Pointe Village 8 Condo

This 55+ community is the jewel of the Stuart area condominiums because of it’s location, reasonable condo fees from the high $200′s to the low $300′s per month depending on size and village (each village sets their own budget).  Cedar Pointe does not allow dogs.  One indoor cat is permitted in Villages 1 through 5.

Cedar Pointe Village 8 Condo Cedar Pointe Village 8 Condo

Condominium units consist of 1 bedroom 1 and 1/2 bathroom units and 2 bedroom, 2 bath units.  Each condo has one assigned parking spot along with numerous guests spots throughout the complex.  Laundry facilities are available in each building.

Cedar Pointe Village 8 Condo Cedar Pointe Village 8 Condo

Currently a very affordable complex for those looking for a full time Stuart, Florida home or just a winter getaway.

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Cedar Pointe Condos for Sale

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Great New Price for this Cedar Pointe First Floor Condo

Palm City FL 34990 Condo Market Report October 2015

Palm City FL 34990 Condo Market Report October 2015

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for October 2015

 

For October 2015 in the 34990 Zip Code area of Palm City, Florida :



There are currently 54 active condo listings. (Increased by 2 condos from September)

Palm City FL 34990 Condo Market Report October 2015

10 Condo sales are pending and awaiting close or lender approval. (Up by 2 pending condos from last month)

Palm City FL 34990 Condo Market Report October 2015

3 Condos Sold in October. (No change in sold condos from September)

Palm City FL 34990 Condo Market Report October 2015

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  A fairly slow market for sales, though pending sales and activity did rise for October.

The current absorption rate for condos in the 34990 zip code area increased to 18 months (was 17.3 months in October).   Even greater buyer’s market than last month. A balanced market is considered to be an absorption rate of around 6 to 7 months, so this market continues as a strong buyers market.
The October 2014 numbers were: 58 active listings, 9 pending sales and 3 closed sales.   Very similar activity as last year.
Palm City FL 34990 Condo Market Report October 2015

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Palm City FL 34990 Condo Market Report October 2015

New Price for Rocky Point Home with Boating Access

New Price for Rocky Point Home with Boating Access

4575 SE Manatee Terrace in Rocky Point, Stuart, FL has been reduced to $285,000.

Adorable 2 bedroom, possible 3 bedroom home located in desirable ROCKY POINT. Property has a water view of the Manatee Pocket from the back yard. Located on an oversize lot with plenty of room to expand, put in a pool or full size garage. CBS construction with terrazzo floors throughout and open floor plan. Kitchen has breakfast bar and Corian counter tops. Screened in back porch and covered front porch. Large carport with equipment closet. Located at the end of the street just 1 house in from the water. Comes with a deeded boat ramp with water access just across the street. Boat slip rentals within walking distance. Hang your hammock under the large mango tree and enjoy Florida living.

  Rocky Point in Stuart FL real estate Rocky Point in Stuart FL real estate

Rocky Point in Stuart, FL is a wonderful boating oriented community located just off the Saint Lucie Inlet in beautiful Martin County Florida.  Originally a fishing village because of its proximity to the Atlantic Ocean; Rocky Point is now a wonderful family community with a variety of different neighborhoods.  Most of Rocky Point is still oriented towards fisherman and boaters with many of the neighborhoods having access to docks, marinas and/or boat ramps.  Some neighborhoods have deeded dock rights as well as privately owned ramps and launch facilities.  There is also a selection of some luxury waterfront homes with private docks located only a short few minutes cruise to the open Ocean via the Saint Lucie Inlet and within a day’s round trip to the Bahamas.

Rocky Point in Stuart FL real estate Rocky Point in Stuart FL real estate

Bordering Rocky Point to the north and west is the Manatee Pocket.  Home of the original Stuart Sailfish fleet (Stuart continues to proudly boast that it’s the ‘Sailfish Capitol of the World’).  Now home to a number of Marinas, Charter fleets and the famous Chapman School of Seamanship as well as quite a few excellent restaurants serving the freshest seafood arriving from the Ocean straight to the kitchens daily.

Rocky Point in Stuart FL real estate Rocky Point in Stuart FL real estate

Rocky Point in Stuart FL real estate Rocky Point in Stuart FL real estate

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New Price for Rocky Point Home with Boating Access

Palm City FL 34990 Residential Market Report October 2015

Palm City FL 34990 Residential Market Report October 2015

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for October 2015

 

For October 2015 in the 34990 Zip Code area of Palm City Florida :

 

There are currently 377 active listings (Increased by 12 homes from September)

Palm City FL 34990 Residential Market Report October 2015

 137 Residential sales are pending and awaiting close or lender approval. (Decreased by 18 homes from last month)

Palm City FL 34990 Residential Market Report October 2015

58 Homes Sold in September (Decreased by 2 sold homes from September)

Palm City FL 34990 Residential Market Report October 2015

After a very strong September, the Palm City FL 34990 residential real estate market continues to show excellent sales activity. Also nice to see an increase in inventory for the second month in a row.  The Palm City FL real estate market continues to show excellent resilience even as we approach our typically slower season.
 The current absorption rate increased slightly to to 6.5 months from 6 months in September.  Still a balanced market for the Palm City zip code 34990 area for residential sales.  A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The October 2014 numbers were:  455 active listings, 122 pending sales and 58 closed sales.  Same closed activity as last year and higher pending numbers even with reduced inventory.

Palm City FL 34990 Residential Market Report October 2015

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Palm City FL 34990 Residential Market Report October 2015

Magnolia Lakes Home Sold

Magnolia Lakes Home Sold

Magnolia Lakes at Saint Lucie West

This Saint Lucie West home in the gated Magnolia Lakes community of Port St Lucie has been sold courtesy of the Gabe Sanders BlueWater realty team.  The sales price was $260,000.

Magnolia Lakes at Saint Lucie West Magnolia Lakes at Saint Lucie West

This is their opportunity to own a wonderful pool home that is freshly painted and in tip top condition. Eleven foot ceilings with custom double Crown Molding and expansive large tile through-out. Open concept with true split plan. Extra bonus room can be used as an office, den or bedroom. Kitchen with granite snack counter open to huge Family room. Family Room, Living Room and Master Bedroom all open to patio and pool which is great for entertaining. Community offers a clubhouse with exercise room and huge pool, children’s playground, tennis courts, basketball court, park benches and outdoor grilling area, sidewalks and security.

Magnolia Lakes at Saint Lucie West Magnolia Lakes at Saint Lucie West

Search here for Saint Lucie County Pool homes for sale

MLS-Search-small-e12889727557434

Magnolia Lakes Home Sold

Stuart FL 34997 Condo Market Report October 2015

Stuart FL 34997 Condo Market Report October 2015

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for October 2015

 

For October 2015 in the 34997 Zip Code area of Stuart, Florida :

There are currently 59 active condo listings (Up by 7 condos from September).

Stuart FL 34997 Condo Market Report October 2015

21 Condo sales are pending and awaiting close or lender approval (Increased by 2 condos from September).

Stuart FL 34997 Condo Market Report October 2015

12 Condos Sold in October (Increased by 4 condos from September).

Stuart FL 34997 Condo Market Report October 2015

     The Stuart FL condo market for zip code 34997 showed positive results for October.  Our inventory rose for the third month in a row and we also had some nice gains in both pending and closed sales.  Somewhat unusual as we head into the typically slower months for condo activity.
     The one month absorption rate decreased to 4.9 months from 6.5 months for September.  Back into a sellers market after last months balanced market. Continuing a trend prevalent for most of the past year.  A 6 to 7 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.

The October 2014 numbers were: 58 active listings, 20 pending sales and 21 closed sales.   A little slower closed activity for this year as compared to last year.

Stuart FL 34997 Condo Market Report October 2015

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Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for October 2015

 

 

Port St. Lucie Foreclosure Sold

Port St. Lucie Foreclosure Sold

562 SW McComb Avenue in Port Saint Lucie has been sold courtesy of the Gabe Sanders BlueWater realty team.  This bank owned home sold for $129,000.

Port St. Lucie Foreclosure

This home is centrally located just minutes from tradition, I95 and the Florida turnpike.  Well situated in an established and desirable area, this 3 bedroom, 2 bathroom home with a 2 car garage offers a nice open floor plan and split bedrooms. The home offers a spacious back yard perfect for entertaining.   Just a little TLC and minor repairs and this home can be a true gem.

Port St. Lucie Foreclosure Port St. Lucie Foreclosure

Plans are to update this home, rent for a couple of years and then sell it for a nice profit.  If, you’re looking for a smart investment in today’s real estate market.  Give us a call at 772-323-6996.

Port St. Lucie Foreclosure Port St. Lucie Foreclosure

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Port St. Lucie Foreclosure Sold

Stuart FL 34997 Residential Market Report October 2015

Stuart FL 34997 Residential Market Report October 2015

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for October 2015

 

There are currently 308 active listings (Increased by 31 homes from September).

Stuart FL 34997 Residential Market Report October 2015

163 Residential sales are pending and awaiting close or lender approval (Increased by 11 homes from September).

Stuart FL 34997 Residential Market Report October 2015

66 Homes Sold in October (Decreased by 15 homes from September)

Stuart FL 34997 Residential Market Report October 2015

      The Stuart Florida Residential Market for ZIP Code 34997 is the largest and has been the strongest segment of the Martin County single family real estate market.  Nice to see a couple of months of increased inventory.
     The current one month absorption rate increased to 4.7  months (was 3.4 months for September).  Most of this increase is due to the stronger inventory numbers and we still remain in a very strong seller’s market for the 34997 zip code area of Stuart, FL.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2014 numbers for October, were: 368 active listings, 144 pending listings and 81 closed sales.  Considerably stronger closed activity last October, though the increased number of pending sales might hold promise for the next few months.
Stuart FL 34997 Residential Market Report October 2015

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Stuart FL 34997 Residential Market Report October 2015

 

November 2015 Market Report for River Pines in Stuart FL

November 2015 Market Report for River Pines in Stuart FL

As of November 2015, there are only 2 active listings for River Pines townhomes for sale in Stuart, FL.  Listing prices are $145,140 to $149,000 which equals an average price of $147,000 or $114.33 per sq. ft. of living area.

There are 5 homes under contract awaiting sale.  List prices are from $89,900 to $149,900 for an average list price of $117,948 or $91.39 per sq. ft. of living area.  These homes went under contract in an average of 75 days.

In the past 12 months, 31 townhouses have sold in River Pines with sales prices ranging from $80,000 to $139,000 at an average sales price of  $114,836 which equals $89.13 per sq. ft. of living area.  These homes sold at an average of 96% of list price and were under contract in an average of 45 days after going on the market.

River Pines Townhomes

Located just off the Intracoastal Waterway off of Cove Road in Stuart is the River Pines community. 396 private residences in quad style town-homes.   This community was built in 1981 and 1982 and all homes are 1288 sq. ft. of living area with 2 bedrooms and 2 and ½ baths. There are large private courtyards for each home, some of which the residents have enclosed for added living area.

River Pines in Stuart FL

Only a short walk or bike ride to the Saint Lucie River with access for kayak launch. Boat ramps also nearby. All ages are welcome and 2 small pets are permitted. Each home has 2 reserved parking spots with additional guest parking. Amenities include 2 Community pools, tennis courts and racquetball/handball courts. There’s also a private preserve adjacent to the Intracoastal available exclusively for residents use.

River Pines in Stuart FL

A very well run community with excellent financials. Residents have the option of joining the Miles Grant golf club (just across the street).

River Pines in Stuart FL

As of November, 2014 HOA fees were $160 per month.

River Pines in Stuart FL

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November 2015 Market Report for River Pines in Stuart FL

Stuart FL 34996 Condo Market Report October 2015

Stuart FL 34996 Condo Market Report October 2015

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for October 2015

For October 2015 in the 34996 Zip Code area of Stuart, Florida :

There are currently 79 active condo listings (Up by 3 condos last month).

Stuart FL 34996 Condo Market Report October 2015

29 Condo sales are pending and awaiting close or lender approval (Decreased by 12 condos from September).

Stuart FL 34996 Condo Market Report October 2015

26 Condos Sold in October (Decreased by 3 condos from September) 

Stuart FL 34996 Condo Market Report October 2015

The Stuart FL 34996 Condo Market is bucking the trend for the off season with increased activity for October.  Nice to see even a small increase in inventory as this segment of the Stuart condo market remain red hot.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 plunged to 3.0 months from September’s 2.6 months.  Continuing as a very strong sellers market.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for October 2014 were: 152 active listings, 50 pending sales and 15 closed sales.  We have a long way to go to get inventory levels close to what they were last year.  Though even with the reduced inventory, market activity remains very strong.

Stuart FL 34996 Condo Market Report October 2015

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Stuart FL 34996 Condo Market Report October 2015

Hansons Landing Condo Pending

Hansons Landing Condo Pending

On the market less than 24 hours and this unique waterfront condo is now under contract!

Spectacular waterfront condo with water views from almost every room. This 3 bedroom, 2 bathroom condo has been extensively updated with wood floors, granite counters in the kitchen with newer appliances and cabinets. One covered carport comes with this condo and numerous off street parking spaces are also available. There’s a full sized washer and dryer in the living area. All ages are welcome and one small pet (under 25 lbs.) is allowed. There’s a clubhouse, heated swimming pool, spa, tennis courts and kayak storage for all residents. In addition, for those wanting a true country club lifestyle, memberships are available to the Miles Grant Country Club that is right next door and includes golf, tennis and social activities. Close by the condo is the entrance to the community docks. These docks are all privately owned and individual arrangements would need to be made to lease or purchase a slip.

Rocky Point Waterfront Condo

With all these wonderful amenities, the best part is still the views. It’s almost like being on a very solid yacht.  This condo is located at 6142 SE Landing Way in Stuart, FL.  Building 9 Suite 1.  The list price is $379,000.

Rocky Point Waterfront Condo Rocky Point Waterfront Condo

About Hansons Landing

Located on 27 acres along the Intracoastal Waterway at the south east tip of Rocky Point is the Hanson’s Landing Condominiums. This complex is adjacent to the Miles Grant Country Club and residents have the option of becoming social or full golf members of the country club.

Rocky Point Waterfront Condo Rocky Point Waterfront Condo

Condos in Hanson’s Landing range from 2 bedroom, 2 bathroom units of 1,135 sq. ft. of living area up to 1,460 sq. ft. 3 bedroom and 2 bathroom units. A number of condos have covered carports for parking while others have reserved off street spaces along with ample guest parking. The buildings of Hanson’s Landing were built from 1985 to 1996. All condos overlook a lake, canal or Intracoastal Waterway.

Rocky Point Waterfront Condo Rocky Point Waterfront Condo

Amenities include a heated outdoor swimming pool, tennis courts, horseshoe court, and a club house that hosts social and meeting functions

There is also a community dock with 18 slips that are deeded to condo owners. These docks may be transferred among Hanson’s Landing owners as well as rented to residents. Those looking to manually enjoy the river, there is a kayak/canoe racks for owner to store their personal watercraft.

Rocky Point Waterfront Condo

All ages are welcome here and 1 pet under 25 lbs. is also allowed. For those interested in investing or making these condos pay for themselves, rentals are allowed for a minimum of 3 months at a time for up to two times a year.

Rocky Point Waterfront Condo

As of October 2015, the HOA fees were $304 per month which includes lawn service, basic cable TV, trash removal and maintenance of the exterior of the building and insurance.

Here are the currently available Hanson’s Landing Condos for Sale

Stuart FL 34996 Residential Market Report October 2015

Stuart FL 34996 Residential Market Report October 2015

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for October 2015

For October 2015 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 161 active listings (Up by 25 homes from September).

Stuart FL 34996 Residential Market Report October 2015

17 Residential sales are pending and awaiting close or lender approval (Down by 10 homes from September).

Stuart FL 34996 Residential Market Report October 2015

12 Homes Sold in October (Unchanged from September).

Stuart FL 34996 Residential Market Report October 2015

The 34996 zip code area of the Stuart Florida residential real estate market had a surprising jump in inventory for October.  While this should be good news for buyers as there is a better selection of available homes, the corresponding increase in sales activity has not yet materialized.

The one month absorption rate for the 34996 zip code area of Stuart Florida for October continued to slide up to 13.4 months as compared to September’s 11.3 months.  A strong buyers market for this section of Martin County.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for October of 2014 were: 156 active listings, 32 pending sales and 11 closed sales.  While closed sales were close to last year, the reduced number of pending sales this year is a bit troubling.

Stuart FL 34996 Residential Market Report October 2015

 Search here for real estate in the 34996 Zip Code of Stuart FL

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Stuart FL 34996 Residential Market Report October 2015

Stuart Townhouse New Price

Stuart Townhouse New Price

6207 SE Riverboat Drive in River Pines, Stuart, FL  has a new price!  Now only $145,000 and this spacious and furnished townhouse could be yours.

Spacious Townhouse with private quiet location in River Pines. Only a short walk or bike ride to the Intracoastal with kayak storage and launch, or just fish from the dock. Boat ramps also nearby.

River Pines townhouse in Stuart FL River Pines townhouse in Stuart FL

 All ages welcome and 2 medium pets permitted. 2 reserved parking spots with additional guest parking. 2 Community pools, tennis courts and racquetball/handball courts. Exceptionally well run community with excellent financials. Residents have the option of joining the Miles Grant golf club (just across the street)

River Pines townhouse in Stuart FL River Pines townhouse in Stuart FL

Located just off the Intracoastal Waterway off of Cove Road in Stuart is the River Pines community. 396 private residences in quad style town-homes.   This community was built in 1981 and 1982 and all homes are 1288 sq. ft. of living area with 2 bedrooms and 2 and ½ baths. There are large private courtyards for each home, some of which the residents have enclosed for added living area.

River Pines townhouse in Stuart FL River Pines townhouse in Stuart FL

Only a short walk or bike ride to the Saint Lucie River with access for kayak launch. Boat ramps also nearby. All ages are welcome and 2 small pets are permitted. Each home has 2 reserved parking spots with additional guest parking. Amenities include 2 Community pools, tennis courts and racquetball/handball courts. There’s also a private preserve adjacent to the Intracoastal available exclusively for residents use.

River Pines townhouse in Stuart FL River Pines townhouse in Stuart FL

A very well run community with excellent financials. Residents have the option of joining the Miles Grant golf club (just across the street).

River Pines townhouse in Stuart FL River Pines townhouse in Stuart FL

As of October, 2015 HOA fees were $160 per month.

River Pines townhouse in Stuart FL

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Stuart Townhouse New Price

Stuart FL 34994 Condo Market Report October 2015

Stuart FL 34994 Condo Market Report October 2015

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for October 2015

For October 2015 in the 34994 Zip Code area of Stuart, Florida :

 

There are currently 87 active condo listings (Up by 16 condos from September).

Stuart FL 34994 Condo Market Report October 2015

28 Condo sales are pending and awaiting close or lender approval. (Decreased by 7 condos from last month) 

Stuart FL 34994 Condo Market Report October 2015

15 Condos Sold in October (Up by 4 condos from September).

Stuart FL 34994 Condo Market Report October 2015

The Stuart FL 34994 Condo market while still active is showing reduced activity as we head into the off season.  Though remaining in a good and steady balanced market vicinity.

The one month absorption rate increased to 5.8 months compared to last month’s 6.5.   Continuing to hover in the balanced market 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 October the numbers were 94 active listings, 31 pending sales, and 16 closed sales.   Slightly stronger activity last year.  Though the greater inventory is probably a large factor in this.

Stuart FL 34994 Condo Market Report October 2015

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Stuart Florida Market Report ZIP Code 34994 – Condo, October 2015

Affordable Home with Boating Access Price Reduced

Affordable Home with Boating Access Price Reduced

4575 SE Manatee Terrace in Rocky Point, Stuart, FL has been reduced to $298,000.

Adorable 2 bedroom, possible 3 bedroom home located in desirable ROCKY POINT. Property has a water view of the Manatee Pocket from the back yard. Located on an oversize lot with plenty of room to expand, put in a pool or full size garage. CBS construction with terrazzo floors throughout and open floor plan. Kitchen has breakfast bar and Corian counter tops. Screened in back porch and covered front porch. Large carport with equipment closet. Located at the end of the street just 1 house in from the water. Comes with a deeded boat ramp with water access just across the street. Boat slip rentals within walking distance. Hang your hammock under the large mango tree and enjoy Florida living.

  Rocky Point in Stuart FL real estate Rocky Point in Stuart FL real estate

Rocky Point in Stuart, FL is a wonderful boating oriented community located just off the Saint Lucie Inlet in beautiful Martin County Florida.  Originally a fishing village because of its proximity to the Atlantic Ocean; Rocky Point is now a wonderful family community with a variety of different neighborhoods.  Most of Rocky Point is still oriented towards fisherman and boaters with many of the neighborhoods having access to docks, marinas and/or boat ramps.  Some neighborhoods have deeded dock rights as well as privately owned ramps and launch facilities.  There is also a selection of some luxury waterfront homes with private docks located only a short few minutes cruise to the open Ocean via the Saint Lucie Inlet and within a day’s round trip to the Bahamas.

Rocky Point in Stuart FL real estate Rocky Point in Stuart FL real estate

Bordering Rocky Point to the north and west is the Manatee Pocket.  Home of the original Stuart Sailfish fleet (Stuart continues to proudly boast that it’s the ‘Sailfish Capitol of the World’).  Now home to a number of Marinas, Charter fleets and the famous Chapman School of Seamanship as well as quite a few excellent restaurants serving the freshest seafood arriving from the Ocean straight to the kitchens daily.

Rocky Point in Stuart FL real estate Rocky Point in Stuart FL real estate

Rocky Point in Stuart FL real estate Rocky Point in Stuart FL real estate

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Affordable Home with Boating Access Price Reduced

Stuart Florida Market Report ZIP Code 34994 Residential October 2015

Stuart Florida Market Report ZIP Code 34994 Residential October 2015

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for October 2015

For October, 2015 in the 34994 Zip Code area of Stuart, Florida :

There are currently 55 active listings (Dercreased by 2 homes from September)

Stuart Florida Market Report ZIP Code 34994 Residential October 2015

30 Residential sales are pending and awaiting close or lender approval (Increased by 2 homes from last month).

 Stuart Florida Market Report ZIP Code 34994 Residential October 2015

8 Homes Sold in September (Down by 4 homes from September)

Stuart Florida Market Report ZIP Code 34994 Residential October 2015

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida slid back a little for October as closed sales decreased.  Pending sales remain strong and I expect this segment of the Stuart real estate market to remain healthy for next year.

The one month absorption rate for the 34994 zip code for October decreased to 6.9 months from last months 4.8 months, seesawing back and forth for the past few months, now back into a buyers market.  A 6 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The October 2014 numbers were 70 Active Listings, 36 pending sales and 8 closed sales.   Slightly better pending sales and an equal number of closed sales from last year, though there was greater inventory as well.

Stuart Florida Market Report ZIP Code 34994 Residential October 2015

Search here for Stuart Florida Real Estate for Sale

 

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Stuart, FL Real Estate

Rental Properties

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Stuart Florida Market Report ZIP Code 34994 Residential October 2015

Empress Condos on Hutchinson Island November 2015 Market Update

Empress Condos on Hutchinson Island November 2015 Market Update

There are 6 condos listed and actively for sale in early November if 2015 in the Empress Condominiums of Hutchinson Island.  List prices range from $299,000 to $430,000 for an average of $365,066 or $260.62 per sq. ft. of living area.

There are no Empress Condos currently under contract.

In the past 12 months, 8 condos have sold in the Empress.  Sales prices ranged from $225,000 up to $744,456 for an average sales price of $357,182 which equals $227.27 per sq. ft. of living area.  These condos sold for 92% of list price on average and when under contract within 51 days (average).

The Empress Condos of Hutchinson Island

The Empress of Jensen Beach on Hutchinson Island is an upscale 15 story oceanfront condo building with 115 residences that was completed in 1988.  Located just a couple of miles north of the Jensen Beach Causeway, the Empress is just a short drive to downtown Jensen as well as various shops and restaurants available on Hutchinson Island.

The Empress Condos of Hutchinson Island The Empress Condos of Hutchinson Island

There are various sizes and configurations of condos in the Empress ranging from a  2 very spacious 4 bedroom, 3 bathroom units of 2,804 sq. ft. of living area, along with 3 bedroom, 2 bath units of 1,505 sq. ft. with the remainder 2 bedroom, 2 bathroom condos of either 1,500 or 1,299 sq. ft. of living area.

The Empress Condos of Hutchinson Island The Empress Condos of Hutchinson Island

There is ample assigned and guest parking plus an additional 40 covered detached garages which can be bought and sold between Empress residents.  Other community amenities include pool, Jacuzzi, sun deck, card room, club house with kitchen, ping pong, billiards, exercise room, sauna, tennis courts, golf practice net, car wash area and dune walk to beach.

The Empress Condos of Hutchinson Island The Empress Condos of Hutchinson Island

1 small pet under 20 lbs. is allowed and rentals are also allowed with some restrictions.  As of this writing condo fees ranged from $550 to $600 per month depending on the size of the unit.  Garage owners have some additional fees.

The Empress Condos of Hutchinson Island

Looking for a carefree oceanfront lifestyle on Hutchinson Island in Jensen Beach?  The Empress Condos might just be the right choice.

Click here for currently available Empress Condos for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral  Atlantis  Claridge  Dune Walk  Island Club –  Island Crest  Island Dunes  Islandia  Miramar  Miramar Royale  Ocean Dunes  Oceana North  Oceana Oceanfront  Oceana South  Ocean Towers  Oceanrise  – Ocean Bay Villas  Princess –  Regency Sand Dollar Shores  Sea Winds  Villa del Sol

Empress Condos on Hutchinson Island November 2015 Market Update

Sewalls Point Single Family Market Report October 2015

Sewalls Point Single Family Market Report October 2015

Sewalls Point Real Estate Snapshot, Residential Sales for October 2015

 

There are currently 62 active listings (Up by 8 homes since last month)

Sewalls Point Single Family Market Report October 2015

9 home sales are pending and awaiting close or lender approval (Decreased by 6 homes from September)

Sewalls Point Single Family Market Report October 2015

8 Homes sold in October (Up by 3 sales from September)

Sewalls Point Single Family Market Report October 2015

The single family real estate market in Sewalls Point has shown some steady improvement in the past three months and if this trend continues we may very well find this market to be in balance fairly soon.

The current absorption rate dropped to 7.8 months, in September it was 10.8 months. Still a buyers market for Sewalls Point but has been improving steadily for the past three months.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to October of 2014, the inventory was 45 homes on the market, 8 pending sales and there were 2 closed sales.  Considerably better activity this year for the Sewalls Point single family home market.

Sewalls Point Single Family Market Report October 2015

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Sewalls Point Single Family Market Report October 2015

 

Moorings of Manatee Condo in Rocky Point Price Reduced

Moorings of Manatee Condo in Rocky Point Price Reduced

There’s a new price for this condo in the Moorings of Manatee in Rocky Point in Stuart FL by the Gabe Sanders BlueWater realty team.  This is a well maintained 2 bedroom, 2 bathroom condo in a boating community.  Now available for $162,900.

Beautiful 2nd floor, end unit in the boating community of the Moorings of Manatee. Bright and airy with updated kitchen, newer appliances and open floor plan. Unit has a pool view with a peek-a-boo view of the water. There are 2 assigned parking spaces, accordion hurricane shutters with tile on the patio. Unit has been well maintained with the following updates: new roof 2006, new porch screen 2014, new a/c compressor 2011, new kitchen cabinets 2005, refrigerator & washer/dryer 3 years old, stove & dishwasher 5 years old. Fish off the dock. Docks may be available to purchase or lease. Ocean access with 1 fixed bridge (9’ clearance). Florida living at its finest.

 Moorings of Manatee Condo in Rocky Point Moorings of Manatee Condo in Rocky Point

Moorings of Manatee Condo in Rocky Point Moorings of Manatee Condo in Rocky Point

Search here for all available Moorings of Manatee Condos in Rocky Point

Moorings of Manatee Condo in Rocky Point Moorings of Manatee Condo in Rocky Point

River Marina November 2015 Market Report

River Marina November 2015 Market Report

For November 2015, there are only 4 homes available for sale in River Marina.  All four are townhomes and range in price from $169,900 to $206,240 for an average price of $190,457 or $119.69 per sq. ft. of living area.

There are four homes under contract.  List prices ranged from $204,940 to $334,900 for an average of $259,957 which equals $145.30 per sq. ft. of living area.  These homes went under contract in an average of 15 days after going on the market.

In the past 12 months, 25 homes have sold in River Marina.  Sales prices ranged from $149,900 to $344,000.  The average sales price was $195,410 which is $114.64 per sq. ft. of living area.  These homes sold on average for 97% of listing price and were under contract in an average of 63 days on market.

River Marina real estate in Stuart FL

River marina is a newer community consisting of 84 single family homes built from 2006 to 2008 ranging in size from 3 BR, 1600 sq. ft. homes to 5 BR homes with 3,380 sq. ft of living area. 14 of these homes are waterfront with Ocean access through the South Fork of the Saint Lucie River. The single family homes in River marina are in a gated enclave.

River Marina real estate in Stuart FL

Also available are newer townhomes in a non-gated area. Currently only about 47 townhomes have been built with plans for a total of approximately 220 units. Both 2 and 3 Bedroom townhomes are available with 1627 sq. ft. of living area and a 1 car garage. There’s a community pool and easy access to recreational areas.

River Marina real estate in Stuart FL

As of early 2015, construction has resumed for River Marina townhomes by Lennar Homes.  These new townhomes feature 3 bedrooms, 2 and 1/2 bathrooms and a single car garage with granite counter tops and stainless steel appliances.   Priced attractively in the very low $200’s.  For a new buyer discount program, please contact Gabe Sanders with the BlueWater realty team for details.

River Marina real estate in Stuart FL

HOA fees for the townhomes are only $87 per month while the single family homes have a $98 a month fee.  

River Marina real estate in Stuart FL

Search for homes and townhomes for sale in River Marina

River Marina November 2015 Market Report