Watersong Oceanfront Market Report February 2020

Watersong Oceanfront Market Report February 2020

There are 10 vacant lots and 1 single family home available to purchase in the Watersong Oceanfront community on Hutchinson Island.

Vacant Lots:

List prices for the lots range from $145,000 up to $360,000 which is an average list price of $269,199.

There is 1 lot currently under contract in Watersong. The list price was $349,000. This parcel was on the market for 407 days before going under contract.

In the past 12 months, there have been 3 lot sales in Watersong.  The sales prices ranged from $79,900 up to $325,000.  The average sales price was $233,300.  These lots went under contract in an average of 238 days on the market and sold for 92% of list price.

Homes:

The home is listed for $2,195,000 or $518.79 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, 5 homes have sold in Watersong.  Sales prices ranged from $720,000 up to $1,870,000. This equals an average sales price of $1,375,500 which works out to $357.72 per sq. ft. of living area.   These homes averaged 159 days on the market before going under contract and sold for an average of 94% of list price.

About the Watersong Oceanfront Community on Hutchinson Island

Watersong Oceanfront on Hutchinson Island

The Watersong community on Hutchinson Island in Fort Pierce lies approximately six miles north of the Fort Pierce Inlet and 14 miles south of the Jensen Beach Causeway.  This is a gated oceanfront community that has 92 lots in two rows with the front row being direct oceanfront.  There‚Äôs an existing community pool.

Watersong Oceanfront on Hutchinson Island

 Currently (August 2018) the $250.00 a month HOA fee covers the common areas, reserve funds, management fees, and landscaping.  There is also a one-time $6,000 capital contribution for beach renourishment and or replacement that is collected by the Property Owners Association.

Watersong Oceanfront on Hutchinson Island

Existing homes are all two to three stories and range in size from just under 6,000 sq. ft. of living area with 5 bedrooms and 7 bathrooms down to 3,000 sq. ft. homes with 3 bedrooms and 3 bathrooms.

Watersong Oceanfront on Hutchinson Island

There are some excellent opportunities for those wishing to be on the ocean currently available in Watersong.

Watersong Oceanfront on Hutchinson Island

Search for Watersong Oceanfront Homes for Sale

Search for Watersong Oceanfront Lots for Sale

Recent market reports:

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

Please click on this link for the latest market reports for Martin County, Saint Lucie County, and the State of Florida.

Watersong Oceanfront Market Report February 2020

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