Watersong Oceanfront Market Report February 2022

Watersong Oceanfront Market Report February 2022

There are 2 vacant lots and no single-family homes available to purchase in the Watersong Oceanfront community on Hutchinson Island.

Vacant Lots:

List prices for the lots range from $650,000 up to $1,100,000 which is an average list price of $875,000.

There are 4 lots currently under contract in Watersong. List prices ranged from $225,000 up to $635,000. This equals an average list price of $335,000.

In the past 12 months, there have been 14 lot sales in Watersong.  The sales prices ranged from $150,000 up to $762,000.  The average sales price was $412,929.  These lots went under contract in an average of 73 days on the market and sold for 93% of the list price.

Homes:

There is 1 home currently under contract. The list price was $2,950,000 or $667.72 per sq. ft. of living area.   This home was on the market for 6 days before going under contract.

In the past 12 months, 4 homes have sold in Watersong.  Sales prices ranged from $595,000 up to $2,195,000. This equals an average sales price of $1,410,000 which works out to $390.65 per sq. ft. of living area.   These homes averaged 125 days on the market before going under contract and sold for an average of 80% of list price.

About the Watersong Oceanfront Community on Hutchinson Island

Watersong on Hutchinson Island in Fort Pierce Florida
Google Earth image

Watersong homes for sale:

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’s an existing community pool.

Watersong on Hutchinson Island in Fort Pierce Florida
Google Earth image

 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.

Recent Watersong home sales:

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.

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

Watersong on Hutchinson Island in Fort Pierce Florida
Google Earth image

Search for Watersong Oceanfront Homes for Sale

Search for Watersong Oceanfront Lots for Sale

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 2022

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