Watersong Oceanfront Market Report February 2019
As of February 2019, there are 10 vacant lots and 6 single family homes available to purchase in the Watersong Oceanfront community on Hutchinson Island.
List prices for the lots range from $79,900 up to $399,000 which is an average list price of $280,690.
There are no vacant lots currently under contract.
In the past 12 months, there have been 8 vacant lot sales in Watersong. The sales prices ranged from $82,900 up to $277,450. The average sales price was $154,356. These lots went under contract in an average of 214 days on the market and sold for 82% of list price.
The homes are listed from $749,000 up to $1,999,599. This is an average list price of $1,433,600 or $418.76 per sq. ft. of living area.
There is one home under contract. It was listed for $1,750,000 which is $377.48 per sq. ft. of living area. This home was on the market for 96 days before going under contract.
In the past 12 months, 1 home has sold in Watersong. The sales price was $1,920,000 which equals $411.13 per sq. ft. of living area. This home was on the market for 84 days before going under contract and sold for 97% of list price.
About the Watersong Oceanfront Community 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’s an existing community pool.
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.
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.
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Watersong Oceanfront Market Report February 2019
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