Maritimes April 2015 Market Update
As of April 2015, there are 3 condos on the market in the Maritimes Condos and Townhomes on Hutchinson Island in Stuart FL. Listing prices range from $214,900 to $685,000 with an average list price of $399.633 which equals $228.12 per sq. ft. of living area. None of these condos are distressed sales. (No foreclosure, bank owned or short sales.)
There is 1 condo pending and awaiting settlement. The list price is $299,500 which equates to $148.64 per sq. ft. of living area.
There have been 3 condos sold in the past 12 months in the Maritimes. The sales prices ranged from $200,000 to $381,500 for an average sales price of $307,833 which is equal to $190.12 per sq. ft. of living area and these sales were at 93% of the listing price. Interestingly, the highest priced sale in the past 12months was a bank owned foreclosure. There were no other distressed sales.
The Maritimes is one of the prime ocean to river communities on South Hutchinson Island in Stuart, FL. Offering larger than normal homes on both the river and Oceanside settings. The riverside (or Maritimes West has a lovely private sand beach with kayak storage for those not wishing to play in the surf or for those days when the it’s a bit windy on the beach side. The Oceanside (Maritimes East) has private beach access as well as a heated pool when you’re finished frolicking in the crystal clear waters of the Atlantic Ocean.
The Maritimes condos were constructed between 1975 and 1988. With the oceanfront units being built first. Living square footage range from just under 1300 sq. ft. 2 Bedroom condos to over 2100 sq. ft .condos and townhouses with 3 Bedrooms plus dens and a garage.