Joes Point October 2018 Real Estate Market Report
As of October 2018, there are 2 homes for sale in Joes Point on Hutchinson Island. These homes are listed for $745,000 and $1,800,000. This works out to an average of $1,272,500 or $346.83 per sq. ft. of living area.
There are no homes currently under contract.
In the past 12 months, three Joes Point homes have sold. Sales prices ranged from $850,000 up to $1,200,000. The average sales price was $1,028,333 which works out to $314.40 per sq. ft. of living area. This homes went under contract in an average of 115 days and sold for 97% of the list price.
About Joes Point on Hutchinson Island:
One of the most unusual properties on Stuart’s Hutchinson Island is Joes Point. Located on a private peninsula which juts to the north-west into the mile-wide Indian River (Intracoastal Water Way). Originally developed by Lloyd Dutcher in the early 1980’s this is a premier waterfront subdivision enjoying the many wonderful amenities of Hutchinson Island in Martin County. Only minutes to the Saint Lucie inlet and the sparkling Atlantic Ocean by boat, with easy access to the Bahamas or through the Okeechobee waterway through the heart of Florida to the Gulf of Mexico by boat. This is a true boaters paradise. Abundant fishing is just off the dock or go just a few minutes further for some deep sea fishing and adventure.
Joes Point has 56 home sites (3 are vacant lots at this writing) of which most are waterfront with private docks and sweeping water views of the Intracoastal Waterway (Indian River). There are 8 non-waterfront homes, though they have docks in the community marina which is just a short walk from these homes. There is also a community RV/Boat storage area as well as a tennis court. HOA fees as of October 2018 were under $300 per month and include central water and sewer service.
Pets are welcome as well as having the ability to rent these homes. This is a gated community offering a high level of privacy on the shores of the Indian River. Beach access is across A-1-A in a private and HOA owned beach area.