Immaculate Rocky Point Pool Home Sold

4539 SE Halston Ct in Rocky Point, Stuart, FL has been sold by Rusty Abbott of the BlueWater realty team. This home sold for $384,000 after only 5 days on the market. Home owners that list with the BlueWater realty team can only expect the very best.

Great find in Rocky Point! 2001 custom built CBS home offers charm & comfort. This 3 bedroom, 2 bathroom home has all the upgrades including a natural stone accented fireplace, gas range, granite counters, french doors, decorator fans & trey ceilings. Heated screened inground pool was added in 2008. Other features include hurricane shutters, central vacuum, surround sound and newer washer and dryer, air conditioner and hot water heater. The extended driveway is perfect for multiple cars or boats and comes complete with its own fish cleaning table.

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.

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.

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Immaculate Rocky Point Pool Home Sold

Stuart FL Mortgage Credit Easing Expectations Follow U.S. Thaw

05.12.15 by Gabe Sanders

Stuart FL Mortgage Credit Easing Expectations Follow U.S. Thaw

How easy or hard it is for Stuart home buyers to secure a mortgage with attractive terms is a key element in the local real estate picture. Our national mortgage credit provides the oil that keeps residential home sales moving smoothly; that, or it becomes a damper (or even something close to an emergency brake!).

The current Florida mortgage credit situation is largely a reflection of what’s going on in the greater financial world, where the corporate banking interests, world economic conditions, and political realities converge. It is in that greater arena where the counterproductive effects of tightening mortgage credit availability have been acknowledged for some time. At first, it seemed to be little more than talk, but recently, changes have been stirring. The resulting tinkering seems to be taking effect.

“U.S. consumers are finding it easier to get a mortgage,” was last Thursday’s finding by CNBC in their Reality Check. The commentary was headlined “A CREDIT THAW IS OFFERING MORE MORTGAGE OPTIONS.” In fact, it fairly bristled with refrigeration metaphors. Following “years of near frozen credit following the financial crisis” there was now “heat behind the credit thaw.” If you expected that the source of the heat was the springtime improvement in Stuart’s weather, you were mistaken. It was “simple clarification.”

Clarification Clarification.

The simple clarification lies in a chain of repercussions that requires some clarification of their own. It has to do with the usual suspects: Fannie and Freddie. Fannie Mae and Freddie Mac (the guarantors behind the majority of mortgage credit in Florida and throughout the country) had sued lenders left and right following the subprime mortgage market mess. It cost the banks and mortgage companies billions through lawsuits and loan buybacks. Lenders, who like many of us don’t like to lose billions, became understandably gun-shy. They demanded near-pristine credit from borrowers, because they didn’t want Fannie and Freddie (and sometimes their Uncle, Sam) to come after them again.

Bait-and-Goodbye

Rates may have been terrific, but for way too many Stuart would-be borrowers, those rates were attached to loans that weren’t being offered. It wasn’t exactly Bait-and-Switch; more like Bait-and-Goodbye. But new rules that clarify which loans are considered safe by the semi-governmental concerns have done away with a considerable degree of lender concern. Added to the nationwide increase in activity (the Mortgage Bankers Association registered a single month increase of 17% in new home applications in March), it seems likely that the defrosting described by CNBC should continue well past cherry blossom time.

Today’s Florida mortgage credit landscape is something that directly affects most buyer-applicants as well as Stuart home sellers, so that’s welcome news—and a good reason why now is a good time to give me a call!

Some Sales Approaches Should Target Jensen Beach Empty-Nesters

05.10.15 by Gabe Sanders

Some Sales Approaches Should Target Jensen Beach Empty-Nesters

One strategy for selling your Jensen Beach home is to recognize the segment of the general public most likely to appreciate its inherent features, then be sure your sales approach will appeal to them. That doesn’t mean you will turn your back on all the other groups of buyers, of course—but it does mean you will make a deliberate effort to be especially sensitive to that group’s preferences, and highlight the features that are most likely to top their wish lists.

When the Target Audience is Empty-Nesters…

The majority of current Jensen Beach empty-nesters belong to the baby boomer generation. They are somewhere between 50 and 68 years of age, and there are about 75 million of them in the U.S.—nearly a quarter of the population. Empty-nesters are parents who currently don’t have any of their kids living with at home. Most empty-nest buyers are looking for a permanent address to settle down in as they hit their later years. The question is, what features make a home most desirable to empty nesters?

Moderate Space

What can be slightly tricky about general rules for selling a home to this population is that although most are set on downsizing, they don’t want to feel shoehorned into their space, either. Empty-nesters are often moving out of a home that has become demonstrably too large after the kids moved out. But that can also mean that they are used to a lot of space—probably don’t want to be crammed into a tiny house that can’t accommodate children and grandchildren when they do come to visit.
It’s going to be a compromise. “Moderate space” would most likely be no more than 3 bedrooms and no fewer than 2—with two bathrooms the norm. This description offers nesters the possibility of catering to hobbies on a day-to-day basis, while still allowing some accommodations for guests. More significant properties—those with 4 or more bedrooms— are more likely to find success by marketing messaging that points toward growing families.

Easy to Maintain

As always, it’s a selling ‘must’ to ensure that your Jensen Beach home is shipshape! When prospects are able to see how much care you’ve put into your property, they are that much easier to interest than when it’s clear they will be required to come up with their own extra sweat and budget dollars. When you know that part of your preparation will include replacements, it’s a good idea to emphasize ease of maintenance in your choices. Examples are gutters that are shielded, windows that tilt up for easy cleaning inside and out, etc.

Whether or not your home is likely to attract Jensen Beach empty-nesters, knowing what part of the market will have the most likely prospects—and how to shape the sales messaging accordingly—is part of the no-obligation consultation I offer everyone who is deciding how they will go about selling their home. Give me a call to schedule one this week!

Some Sales Approaches Should Target Jensen Beach Empty-Nesters

Affordable Palm City Pool Home Under Contract

05.10.15 by Gabe Sanders

Affordable Palm City Pool Home Under Contract

The old adage saying: “You snooze you loose” is certainly true about 877 SW 33rd St in Palm City. After numerous offers, this home is now under contract courtesy of the Gabe Sanders BlueWater realty team after less than 1 day on the market. Numerous people called about our “coming soon” preview of this home, unfortunately many thought they could wait to see it at there leisure.

This home is conveniently located close to shopping, restaurants and just a quick ride to the downtown Stuart area and beaches as well. Less than one mile to a public boat ramp, this is Florida living at its best and it’s yours for under $200,000.

Search here for all Palm City Pool Homes currently available from the Martin County MLS

Affordable Palm City Pool Home Under Contract

Just Listed Affordable Palm City Pool Home

05.09.15 by Gabe Sanders

Just Listed Affordable Palm City Pool Home

877 SW 33rd St in Palm City is now on he MLS and those with an interest are encouraged to act fast as this home appears to be in high demand.

Enjoy the good life in this Palm City pool home with no HOA. Sitting in a quiet neighborhood with mature trees and landscaping. Enter this charming 3 bedroom, 2 bathroom home into a huge oversized kitchen. Then, move on to either the living room or family room with serene views of your large pool and fenced backyard. Step outside for a swim or just play in your private pool or gather your friends and neighbors for a barbecue in your own outdoor space. This home is conveniently located close to shopping, restaurants and just a quick ride to the downtown Stuart area and beaches as well. Less than one mile to a public boat ramp, this is Florida living at its best and it’s yours for under $200,000.

Palm City Pool Home

Overview

Maps

Photos

Description

$189,900

Single Family Home

Main Features

3 Bedrooms
2 Bathrooms
Interior: 1,665 sqft
Lot: 0.26 acre(s)
Year Built: 1976
MLS #: 381974

Location

877 SW 33rd St.
Palm City, FL 34990
USA

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Palm City Pool Home
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Just Listed Affordable Palm City Pool Home

May 2015 Market Update for Ocean House in Indian River Plantation

05.06.15 by Gabe Sanders

May 2015 Market Update for Ocean House in Indian River Plantation

May 2015 Market Update for Ocean House Condos in Indian River Plantation, Hutchinson Island in Stuart, FL

Currently there are 2 active listing on the market in Ocean House with list prices of $469,000 and $499,900 which equates to $399.90 per square ft. of living area.

There is 1 condo under contract awaiting settlement. It was listed for $899,000 or $597.34 per sq. ft. of living area.

In the past 12 months, there have been no sales of any condos in Ocean House.

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

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

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

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

The Marriott Resort at Indian River Plantation Features:

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

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

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

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

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

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

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

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

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

May 2015 Market Update for Ocean House in Indian River Plantation

Hutchinson Island Condos For Sale

Stuart, Florida Real Estate presented for your consideration by:
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Another Pool Home Sold in Rocky Point

05.05.15 by Gabe Sanders

Another Pool Home Sold in Rocky Point

5636 SE Sailfish Way in Rocky Point, Stuart, FL has been sold for $312,500. Another successful Internet purchase from the BlueWater Realty Team’s website search.

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Another Pool Home Sold in Rocky Point

May 2015 Market Report for Legacy Cove in Stuart Florida

05.05.15 by Gabe Sanders

May 2015 Market Report for Legacy Cove in Stuart Florida

There are currently 6 homes for sale in Legacy Cove in Stuart, FL. Listing prices range from $270,000 to $385,000 for an average listing price of $336,108 or a price per square foot of living area of $163.36.

There is only 1 home currently under contract awaiting settlement. The list price is $327,900 or $131.58 per sq. ft. of living area. This is not a distressed sale.

In the past 12 months, 21 homes have sold in Legacy Cove with sales prices ranging from $238,500 to $463,100 for an average sales price of $333,205 or $140.20 per sq. ft. of living area. These sales averaged 96% of list price. There was only one bank owned foreclosure in these sales and no shot sales.

Legacy Cove in Stuart Florida is a gated lakeside community of 229 homes off of Cove Road in Stuart, Florida. Legacy Cove consists of two sections. The first section of 142 homes called the Cove Isle development was mostly completed between 2004 and 2005. The newer section, called the Cove Lakes development consists of 87 home sites with construction that began in 2007. Some homes are yet to be completed in Cove lakes.

There’s a wide variety of homes in Legacy Cove, ranging for the smallest, a 3 bedroom, 2 bathroom, 2 car garage with a little under 1,600 square feet of living area to 4, possible 5 bedroom, 3 and a 1/2 bathroom, 3 car garage two story homes with almost 4,000 square feet of living area. And many sizes in between.

Legacy Cove boasts a community pool and club house with a fitness center as well as two hard surfaced tennis courts. Many homes in Legacy Cove in Stuart Florida have serene lake views and a comfortable private feeling. Located just minutes from I-95, this is a great location for those wishing to take advantage of Martin County’s amenities while still having an easy commute to work either north or south.

Legacy Cove is in an ‘A’ Martin County school system with children currently attending Pinewood elementary school, Dr. David L Anderson middle school and Martin County high school.

The HOA fees are very reasonable at $688.00 per quarter. Management of the community is through Bristol Management of Stuart.

Residents of Legacy Cove in Stuart Florida enjoy a relaxing life style with easy access to restaurants, shopping and the many waterways, beaches and public parks that Martin County has to offer.

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For any questions you may have about Locks landing, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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May 2015 Market Report for Legacy Cove in Stuart Florida

When Buying a Palm City Home, Adopt an Atypical Price Range

05.04.15 by Gabe Sanders

When Buying a Palm City Home, Adopt an Atypical Price Range

At some point while weighing the pros and cons of buying a new home in Palm City, you begin to mentally fix on a price range. If you are able to depend on a family income that’s fairly predictable, the issue is simplified. If not (small business owners, entrepreneurs, and many sales professionals frequently find themselves in this category), finding an appropriate price range takes careful deliberation.

Sometimes the issue can be decided for you. In most cases, buying a home will involve a mortgage, so lenders get to weigh in. Since it’s a good idea to seek preapproval from a local Martin County mortgage lender early on, you can let their professional opinion help with the price range.

Let’s say the Martins have been preapproved for a $260,000 home loan. They have $20,000 set aside for a down payment, and are certain to clear another $20,000 once they sell their current home and retire its mortgage (it’s in very good shape in a nice neighborhood, but just too small for their growing family). So it’s good news: they can buy a $300,000 home!

It’s at this point in buying a home that the Martins can also decide to make a decidedly atypical decision. That decision would be to pick a number below their peak eligibility as the top figure in “their” price range, and to shop accordingly. Most folks don’t wind up doing that.

Maxing out your budget and purchasing the most expensive home you can afford is undeniably appealing. The math might tell you that you can afford the monthly mortgage payment, even if buying your new Palm City home puts you at the top of your price range. It can mean you get the space and features you’ve always dreamed of. However, there are some sound reasons why buying a home at the top of your price range might not be your best choice—

Additional Expenses

That mortgage amount alone does not take into account the other expenses and financial obligations that come with being a homeowner. Homeowners’ insurance and neighborhood association fees can add to your regular monthly expense, as will property taxes—a considerable figure. If you are moving to a larger property, any maintenance and utility expenses that you’ve grown accustomed to might be greater. If you plan on buying the most expensive home you can, those extra bills might be budget-busters.

Room to Renovate

Even if you’re buying your dream home, chances are very good that you’ll want to make a few changes to the new place. From fresh coats of paint to changes of carpets, appliances, or countertops, changes are a normal phenomenon after buying a home. Even if you’re pleased with the existing aesthetics, you might need additional furniture if the move is into a bigger space. Purchasing at the top of your price range can limit your ability to make needed changes.

Emergency Fund Savings

An emergency fund is a stress-relieving must for homeowners. When the refrigerator fails, the furnace needs to be replaced, or a busted pipe floods the bathroom, you’ll be relieved to have the extra cash. Even true do-it-yourselfers need to call for professional help occasionally. When you purchase a more affordable home, you’ll have extra cash to set aside for emergencies.

One of the greatest benefits of buying a home in Palm City is the sense of stability and security it brings. Working with a group of experienced professionals is the surest way to achieve your home buying goals…as well as a sound reason to give me a call!

May 2015 Market Report for River Pines in Stuart FL

05.04.15 by Gabe Sanders

May 2015 Market Report for River Pines in Stuart FL

As of may 2015, there are 7 active listings for River Pines townhomes for sale in Stuart, FL. Prices range from $109,140 to $139,900 which equals an average price of $124,055 or $93.77 per sq. ft. of living area. There is one short sale among these 7 homes.

There are 7 homes under contract awaiting sale. List prices are from $96,000 to $139,900 for an average list price of $119,171 or $92.52 per sq. ft. of living area. There is one short sale and one foreclosure among these pending sales.

In the past 12 months, 34 townhouses have sold in River Pines with sales prices ranging from $80,000 to $132,7,000 at an average sales price of $105,685 which equals $81.29 per sq. ft. of living area. These homes sold at an average of 97% of list price. Of these sales, there was one short sale and 5 banl owned foreclosures.

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.

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.

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

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

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May 2015 Market Report for River Pines in Stuart FL

The Princess Of Hutchinson Island Suite 409 Under Contract

05.03.15 by Gabe Sanders

The Princess Of Hutchinson Island Suite 409 Under Contract

9650 S Ocean Drive unit 409 in the Princess of Hutchinson Island is now under contract through the efforts of the BlueWater Realty Team. The list price for this condo is $227,500.

An exciting opportunity for an affordable 4^th floor condo in one of Hutchinson Island’s premier condo buildings in the Princess. Great views from this Jensen Beach condo.

The Princess of Hutchinson Island is one of the more elegant high rise condominiums on Hutchinson Island in Jensen Beach. Located just North and East of Nettles Island and just 2 miles North of the Jensen Beach Causeway this 20 story condominium has both 3 bedroom, 2 bathroom condos and 2 bedroom, 2 bathroom condos with varying floor plans from 1,209 sq. ft. to spacious 1,716 sq. ft. units.

The Princess was built in 1984 and has a heated pool, Jacuzzi, common area with a game room, kitchen and bar. There’s tennis and bocce courts as well as trailer parking and a vehicle wash area.

The maintenance fees which include use of all facilities as well as exterior maintenance and insurance run from just under $500 a month to $700 a month depending on the size of the condo. The Princess of Hutchinson Island is one of the premier locations on the Island and is a much sought after building.

Search here for all available condos in the Princess of Hutchinson Island

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:

Admiral – Atlantis – Claridge – Dune Walk – Empress – Island Club – Island Crest – Island Dunes – Islandia – Miramar – Miramar Royale – Ocean Dunes –Oceana North – Oceana Oceanfront – Oceana South – Ocean Towers – Oceanrise – Ocean Bay Villas – Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

Spacious Jensen Beach Home on Double Lot Open House

05.02.15 by Gabe Sanders

Spacious Jensen Beach Home on Double Lot Open House

OPEN HOUSE, May 05, Tuesday 9:30 AM – 12:00 PM

1047 NE Kubin Ave., Jensen Beach, FL

Get Directions Click Here

Description

Photos

Maps & Local

Schools

Virtual Tour

$ Click for current price

4 BEDROOMS

4 BATHROOMS (3 full, 1 half)

3065 Square Feet

Beautiful large Key West style home in Jensen Beach. Featuring 3 bedrooms and 2 full bathrooms in the main section of the home with a mother-in-law apartment located over the garage. This large space is approximately 28 x 32 ft. and could also be used as a game or theater room. This apartment has its own private bath and entrance with stairs and a patio. The spacious master bedroom has trey ceilings, a double walk-in closet, large bath with spa tub and a separate walk-in shower with dual rainfall shower heads, double sinks and double mirrors. The kitchen has granite counters with a breakfast bar. There’s also an additional family/game room with built in shelves. Wrap around porch, 3 car garage on a double lot, with lots of room for parking multiple boats and RVs.

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Stuart FL Foreclosure Hunters Continue to Draw National Competitors

05.02.15 by Gabe Sanders

Stuart FL Foreclosure Hunters Continue to Draw National Competitors

You would think the outside competition for Stuart FL foreclosure bargains might have up and disappeared by now…but no! As The Wall Street Journal described it the other week, the shrinking number of foreclosure opportunities hasn’t driven Wall Street’s professional investors completely out of the market. But new techniques are altering their approach.

Local Stuart FL foreclosure investors have had to worry about a previous incursion by big national private equity investment firms. In the aftermath of the real estate bust, sales of distressed properties assumed an ever-larger proportion of real estate activity. National firms seized on the growing supply of cheap foreclosed homes as a ‘sure-thing’ trade for investment firms backed by money from private equity companies who wanted ‘in’ on real estate.

Wall Street knew full well that depressed real estate prices were a temporary phenomenon. They would swoop down, buy foreclosures en masse, rent them out, and wait for the bounce-back. Your Stuart FL foreclosure investors suddenly had to worry about bargain-hunting by the national firms, instead of just the usual local competitors. It took agility and cash to compete with some very deep pockets. Even where they weren’t active, their impact was felt.

But by last summer, the New York Times was headlining “Investors Who Bought Foreclosed Homes in Bulk Look to Sell.” Where, at the height of the foreclosure onslaught, a full 50% of home purchases was made up of foreclosures and short sales, by this February, the percentage had retreated to barely 11%. Companies like Waypoint Real Estate Group began quietly shopping for buyers as they took their profits and tiptoed away…

So could Stuart FL foreclosure investors breathe a sigh of relief, knowing the big boys had carted off their wheel barrows full of cash? You’d think so, but not so fast! The WSJ article describes a new phenomenon from outside. “Racing to Buy Homes Sight Unseen” was the headline. Enter the speed-based investors!

Just as trading firms had developed systems that made equity trading a competition between banks of computers trip-wired to trade at the speed of light, a milder phenomenon is emerging in foreclosure investing. According to the Journal, one example is the investment trust executive who no longer goes to public auctions to find buys. It described a recent morning in which it took him seven minutes to bid on a Georgia home “he had never seen.” He uses a quantitative data analysis program as a way to accelerate searches for the “dwindling supply of available homes that can be transformed into rental properties.” In other words, some of the big buyers are finding ways to stay in the market.

But Stuart FL foreclosure investors don’t really need to throw up their hands. Although the data analysis programs are getting better, local knowledge and on-site evaluations should continue to give sharp Stuart FL investors the kind of fine edge that national data maps and renovation cost generalizations can never quite match. It’s like the difference between a perfectly-engineered robotic customer service system…and a knowledgeable human: no contest.

Stuart FL foreclosures may be less omnipresent, but without question they continue to represent great investment potential—and not just for the national investment firms. If you’ve ever thought you would like to hear more about today’s opportunities, call me for an on-the-ground analysis!

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Tropical Paradise Ocean Access Waterfront Lot New Price

05.01.15 by Gabe Sanders

Tropical Paradise Ocean Access Waterfront Lot New Price

Waterfront lot with ocean access (fixed bridges) now only $75,000. Best priced ocean access lot in Martin County! Water, sewer, electric in place and ready for your new home!

Paved driveway and pad in place. Existing mobile home has been removed. There’s 81 feet of waterfront with ocean access suitable for a smaller boat that can go under two fixed bridges with approximately 6′ clearance. Community has an RV boat storage lot with one space for every resident. Great opportunity in a wonderful friendly community.

Overview

$75,000

Lots and Land

Main Features

Lot: 0.20 acre(s)
MLS #: 379758

Location

7941 SE Paradise Dr.
Stuart, FL 34997
USA

Our recent listings

Waterfront Land in Stuart FL
Palm City Pool Home Coming Soon
Spacious Jensen Beach Home on Double Lot
Ocean Front Condo – Corner Unit
Hutchinson Island Updated Townhouse

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The Tropical Paradise community is a subdivision with modular and manufactured homes that are slowly replacing the original mobile homes that were in place.

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Tropical Paradise Ocean Access Waterfront Lot New Price

Emerald Lakes Townhouse Stuart FL Under Contract

04.29.15 by Gabe Sanders

Emerald Lakes Townhouse Stuart FL Under Contract

Under contract in 22 days, this Emerald Lakes townhouse is now pending. Ask the BlueWater realty team about Stuart FL townhouse sales.

A beautifully updated Emerald Lakes townhome featuring a modified open kitchen with granite countertops and newer appliances (2 years old). This 2 BR, 2 and 1/2 Bath townhouse has lake views from both bedrooms. Only a short walk to one of two community pools and tennis courts. This townhouse has new carpets, new washer and dryer and new hurricane and impact resistant PGT sliding windows. Dual sinks and Corian counters in the master bathroom. 2 assigned parking spaces plus ample guest parking. A great location close to shopping, beaches, restaurants, medical facilities and historic downtown Stuart. Emerald Lakes is available for all ages and 2 pets under 40 lbs. are permitted. A wonderful opportunity for an affordable Stuart home. The list price for this Emerald Lakes townhouse is $144,900.

The community of Emerald Lakes lies in the Port Salerno area of Stuart, Florida and consists of 400 2 and 3 bedroom townhomes and 130 single family villas. The town homes and villas are governed by two separate home owners association yet share many of the same amenities.

Spread out over 100 acres of beautiful Florida landscape, with 3 ‘Emerald Lakes’, miles of walking paths, 7 tennis courts, 3 heated pools and two club houses. Very conveniently located within walking distance of a Publix Grocery store, Beall’s, Walgreen’s, Banks, Gold’s Gym, etc.

Just a few miles away are numerous Golf Courses, Martin County’s famous waterways, marinas and beaches and also within minutes of I-95 for easy access to locations both north and south. Fort Lauderdale is only a little over an hour to the south and Disney World is just over 2 hours to the north. A perfect location!

Residents of Emerald Lakes enjoy the good life with low HOA fees and an excellent management staff for both Home Owners’ Associations.

Currently Available Homes and Town Homes in Emerald Lakes

Emerald Lakes Townhouse Stuart FL Under Contract

March 2015 Monthly Market Detail Martin County Single Family Homes

04.28.15 by Gabe Sanders

March 2015 Monthly Market Detail Martin County Single Family Homes

The March 2015 Monthly Market Detail Martin County Single Family Homes began the year with some very strong activity, and for March, it is showing continued very strong growth. Year to year closed sales was up by 41.6% (was up 46.6% in February). New pending sales increased by 35.8% as compared to March of 2014 (increased by 31.9% in February).

The median sales price was up by 3.6% from last year (up by 6.9% in February) while the average price increased by 33.3% (was down by 16.2% last month). Surprisingly strong increase in the average price after a setback last month.

The inventory of available single family homes decreased from February 2015 by 26 homes to 1,368 units this month, and this is a 4.5% decrease from last March. Current supply of inventory decreased to 6.1 months from February’s 6.3 months supply. (A 19.8% decrease from last year). Martin County single family home sales remain in a balanced market favoring neither the buyer nor seller.

Click here to view or download the full report:
March 2015 Monthly Market Detail Martin County Single Family Homes

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

March 2015 Monthly Market Detail Martin County Single Family Homes

Balance Stuart Rental Income with Solid Budgeting

04.27.15 by Gabe Sanders

Balance Stuart Rental Income with Solid Budgeting

Owning a Stuart rental property owes its popularity to the distinctive financial attributes it offers investors. Like a dividend-producing stock, it’s a holding that stands to produce a regular income stream. It’s also a real asset in the truest sense of the word—one with solid collateral value. For adroit Stuart rental property investors, it’s also an asset that can build value over time.

When it comes to quantifying a Stuart rental property’s income-producing potential, after an investor has estimated the projected rental stream, there follows a less sunny exercise: expenses need to be taken into account. If a Stuart professional management service is going to be part of the equation, they will supply reliable budget parameters. If you will be managing the property yourself, doing a thorough job of nailing down this—the management budget—is as crucial to coming up an accurate bottom line as was projecting income.

Unless you are prepared to be at the beck and call of your renters 24/7, it’s a good idea to budget funds for a skilled general maintenance person. The ideal candidate can deal with a myriad of issues, from electricity outages to clogged garbage disposals. If the Stuart rental property is an apartment building or set of condos, it’s often a good idea for the maintenance pro to be kept on retainer. For single-property rentals, this handyman (or gal) can usually be hired on a job-by-job basis.

Specifics for every Stuart property differ, but it’s generally considered prudent to reserve between 10%-15% of gross rental income for maintenance and repairs. This part of your budget includes remuneration for your maintenance person. Getting a rental home back to status quo isn’t always easy—especially because it’s in both the landlord’s and renters’ interest to place a premium on speedy rehabilitation. That’s not cheap!

There are also two words that belong in any rental property management budget: property insurance. The right formula may include a sizeable deductible number (you’ve already budgeted an ample reserve for lesser emergencies), but it’s also vital to take into account the possibility of any large and unexpected emergencies that you or your maintenance person can’t handle alone. It may be common business wisdom, but over large parts of the country, this past harsh winter once again demonstrated the wisdom of the practice. Tenants are encouraged to insure their own property, both inside and outside the rental property, but the landlord’s policy should cover repairs to the entire structure, any small sheds on the property, landscaping damage, and the like.

This is the traditional time of year when many of the most promising investment properties go on the market. If you are looking to the future—a future that includes owning a lucrative Stuart rental property—now is the time to start looking…and to give me a call!

Garden Villas Townhouse Stuart FL Sold

04.26.15 by Gabe Sanders

Garden Villas Townhouse Stuart FL Sold

This north Stuart townhouse in Garden villas has sold. The sales price was $104,500.

Conveniently located in North River Shores area. Beautiful townhouse with stainless steel appliances, tile, large private courtyard for Florida outdoor living, fountain in courtyard, large living room with sliders for bright open airy feeling, skylight in stair area, both bedrooms have a balcony. Unit located in the back with a woodsy view. Large walk-in closet in master bedroom. Accordion storm shutters on all windows. Close to mall, restaurants, entertainment and downtown. Minutes from the beach. Low HOA fee in a pet friendly development. Florida living at its best!

Overview

Maps

Photos

Description

$104,500

Townhouse

Main Features

2 Bedrooms
2 Bathrooms
1 Half Bathroom
Interior: 1,514 sqft
Year Built: 1981
MLS #: RX-10103510

Location

790 NW 10th Ter
Stuart, FL 34994
USA

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Stuart Florida real estate from the Gabe Sanders BlueWater Realty Team. Our specialty is finding fine homes, Townhouses and vacant land for our preferred customers.

Garden Villas Townhouse Stuart FL Sold

March 2015 Monthly Market Detail Florida Single Family Homes

04.25.15 by Gabe Sanders

March 2015 Monthly Market Detail Florida Single Family Homes

The March 2015 Monthly Market Detail Florida Single Family Homes had some very impressive gains from last year. Closed sales were up by 24.6% (was up by 19% in February) and new sales under contract (new pending sales) increased by 7% (was up by 14.7% in February).

Both median and average sales prices continue to rise ( March 2014 to March 2015) by 9.2% and 5.5% respectively, compared to February’s 9.1% and 0.7%. Prices are continuing to rise, though we are seeing some moderation in some areas of Florida.

The inventory of available homes for sale rose by 0.6% from last year. This is now a full 18 months of increased inventory. The rate of inventory increases has declined significantly from previous months and this is an important statistic to watch for the future. For this month there was only a 5.1 months supply of inventory, this is a sellers market with the advantage for sellers. (March of 2014 had a 5.3 month supply)

Click here to view or download the full report:

March 2015 Monthly Market Detail Florida Single Family Homes

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

March 2015 Monthly Market Detail Florida Single Family Homes

Coming Soon Affordable Palm City Pool Home

04.24.15 by Gabe Sanders

Coming Soon Affordable Palm City Pool Home

877 SW 33rd St in Palm City will be available for showings beginning May 1, 2015.

Search here for all Palm City Pool Homes currently available from the Martin County MLS

Call the Gabe Sanders BlueWater Realty Team (772) 210-2538 to schedule a sneak peek!

772-763-8506

Immaculate Rocky Point Pool Home Sold

Immaculate Rocky Point Pool Home Sold

Stuart FL Mortgage Credit Easing Expectations Follow U.S. Thaw

Some Sales Approaches Should Target Jensen Beach Empty-Nesters

Some Sales Approaches Should Target Jensen Beach Empty-Nesters

Affordable Palm City Pool Home Under Contract

Affordable Palm City Pool Home Under Contract

Just Listed Affordable Palm City Pool Home

Just Listed Affordable Palm City Pool Home

May 2015 Market Update for Ocean House in Indian River Plantation

The Marriott Resort at Indian River Plantation Features:

Another Pool Home Sold in Rocky Point

Another Pool Home Sold in Rocky Point

May 2015 Market Report for Legacy Cove in Stuart Florida

May 2015 Market Report for Legacy Cove in Stuart Florida

When Buying a Palm City Home, Adopt an Atypical Price Range

May 2015 Market Report for River Pines in Stuart FL

May 2015 Market Report for River Pines in Stuart FL

The Princess Of Hutchinson Island Suite 409 Under Contract

Spacious Jensen Beach Home on Double Lot Open House

Stuart FL Foreclosure Hunters Continue to Draw National Competitors

Tropical Paradise Ocean Access Waterfront Lot New Price

Waterfront lot with ocean access (fixed bridges) now only $75,000. Best priced ocean access lot in Martin County! Water, sewer, electric in place and ready for your new home!

Tropical Paradise Ocean Access Waterfront Lot New Price

Emerald Lakes Townhouse Stuart FL Under Contract

Emerald Lakes Townhouse Stuart FL Under Contract

March 2015 Monthly Market Detail Martin County Single Family Homes

March 2015 Monthly Market Detail Martin County Single Family Homes

Balance Stuart Rental Income with Solid Budgeting

Garden Villas Townhouse Stuart FL Sold

Garden Villas Townhouse Stuart FL Sold

March 2015 Monthly Market Detail Florida Single Family Homes

March 2015 Monthly Market Detail Florida Single Family Homes

Coming Soon Affordable Palm City Pool Home

Coming Soon Affordable Palm City Pool Home

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