Cabana Point February 2019 Market Report
There is only 1 home for sale in the Cabana Point community of Stuart Florida in February 2019. The list price is $525,000 or $317.80 per sq. ft. of living area.
There are no homes currently under contract.
In the past 12 months, there have been 4 sales in Cabana Point. Sales prices ranged from $310,000 up to $523,500. This works out to an average sales price of $439,000 which is $224.70 per sq. ft. of living area. These homes averaged 127 days on the market before going under contract and sold for an average of 96% of list price.
About Cabana Point in Stuart Florida, A Stuart FL waterfront community:
Cabana Point is an older Stuart community located between the South Fork of the Saint Lucie River and Kanner Hwy. This community had its first home built in 1958 and the most recent one was built in 2007. This small community has 40 homes (all but one are single-family homes) and two remaining vacant lots (neither for sale at the time this is being written). 28 of these home sites are waterfront with access to the ocean or to Lake Okeechobee from a canal or the banks of the Saint Lucie River. The remaining non-waterfront homes have access through a community boat ramp.
This is a non-HOA community with no fees. This is an older community with many of the homes back from the age of smaller CBS style cabana homes. Though, as time passes, many of these homes are being torn down and replaced with spacious 2 story modern waterfront homes that are in high demand. Current home sizes range from the largest one which is a 2 story 3,100 sq. ft. (under air), 9 bedrooms, 6 bathrooms estate down to a 2 bedroom, 2 bath home with just over 1,000 sq. ft. of living area.
For those looking for future appreciation, this community is an excellent investment potential.
Check here to see if any Cabana Point homes are available for sale
Stuart FL Real Estate is presented by:
the Gabe Sanders Realty team
Cabana Point February 2019 Market Report
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