Coldwell Banker Paradise August 2017 Buyers Guide

to the

SPACE & TREASURE coast

Coldwell Banker Paradise

HOMES FOR DOGS PROJECT

approximately

2,200

adoptions to date and counting

You are invited to our first Annual Dog Adoption Event at Coldwell Banker Paradise!

September 7th and September 9th

Call Dustin Haynes, REALTOR, GRI 772-205-1931 CBHomesForDogs.com

COLDWELL BANKER PARADISE

ST. LUCIE COUNTY

1214 Country Gardens Lane, Fort Pierce, FL 34982 | $1,495,000 | 4/4/2 A Unique Enclave of Seclusion! A well maintained 9.5 acre estate home site which is full of Old Florida mature oaks and rests at the edge of the St. Lucie River. It is a rare offering of Old Florida at it’s finest in the desirable location of White City. Showcasing this enclave is a 2001 Southern-style Plantation custom built home featuring 4 beds 3.5 baths, a historical 1920’s Original home with 3 beds 2 baths, and a separate Guest house, complete with an indoor steam spa, outdoor shower, and sparkling pool.

(RX-10330662)

Daniel Ochse REALTOR Coldwell Banker Paradise

Natalie Ochse REALTOR Coldwell Banker Paradise

Daniel.Ochse@ColdwellBanker.com

Natalie.ochse@ColdwellBanker.com

772-633-8200

772-370-8675

COLDWELL BANKER PARADISE

ST. LUCIE COUNTY

1001 SE Kitching Cove Lane, Port St Lucie FL 34952 | $1,339,99.99 Right on the edge of the St. Lucie River, in Kitching Cove sits a beautiful 2 story home full of southern charm.

Ocean access navigated with no fixed bridges is only a part of this southern coastal dream. A refreshing solar heated pool with a soothing rock fountain awaits you. When you are needing a little break from the sun, a wrap around balcony will share gorgeous views of the sunsets with you.

(RX-10203484)

Justine Westmoreland REALTOR

Adena Williams REALTOR

772-361-5230

772-497-4424

justine.westmoreland@coldwellbanker.com adena.williams@ColdwellBanker.com

COLDWELL BANKER PARADISE

ST. LUCIE COUNTY

5109 S Indian River Drive, Fort Pierce, FL 34950 | $1,249,900 Boating, fishing, dolphin, manatee watching...you will never miss a beautiful moment at this stunning home right on the Indian River. Enjoy over 100 feet of beautiful views of the intracoastal. This estate home was custom built in 2008 and holds five bedrooms and 5 baths. Welcoming glass doors welcome you home, and the gourmet kitchen features all the tools for a chef! The master shows off a custom steam shower, and there are so many other extras this home would love to give you!

(RX-10313201)

Debbie Fitzgerald REALTOR

Robenson JusteREALTOR

772-812-3300

772-971-2431

debbie.fitzgerald@ColdwellBanker.com robenson.juste@ColdwellBanker.com

St. Lucie County Mid-Year Comparison 2017 to 2016 SINGLE FAMILY HOMES

Price Point Under $250,000

$250,001 to $500,000

$500,001 to $1,000,000

Over $1,000,000

Total

Price Point

CONDOS

Under $250,000

$250,001 to $500,000

$500,001 to $1,000,000

Total

Year

Homes Sold

Current Listings

Month’s Supply

Average Price

2017

2150

640

1.8

$177,920

2016

2172

682

1.9

$161,774

Change

-1.0%

-6.2%

-5.2%

+10.0%

2017

645

648

6.0

$306,753

2016

440

398

5.4

$304,951

Change

+46.6%

+62.8%

+11.1%

+1%

2017

44

98

13.4

$649,705

2016

25

57

13.7

$620,400

Change

+76.0%

+71.9%

-2.3%

+5.0%

2017

4

26

39.0

1,607,500

2016

0

16

0.0

--

Change

100%

+62.5%

100%

--

2017

2843

1412

3.0

$216,461

2016

2637

1153

2.6

$190,011

Change

+7.8%

+22.5%

+13.6%

+14.0%

Year

Condos Sold

Current Listings

Month’s Supply

Average Price

2017

199

78

2.4

$93,561

2016

213

78

2.2

$87,900

Change

-6.6%

0.0%

+7.0%

+6.0%

2017

3

3

6.0

$330,667

2016

1

3

18.0

$450,000

Change

+200.0%

0.0%

-66.7%

-27.0%

2017

0

2

0

0

2016

0

1

0

0

Change

0.0%

+100.0%

0.0%

0

2017

202

86

2.6

$97,082

2016

214

86

2.4

$89,681

Change

-5.6%

+0.0%

+5.9%

+8.0%

St. Lucie County Housing Market Continues to Remain Healthy With double digit increases in both inventory and average sales price, the St. Lucie County Housing Market is likely to continue its healthy pace throughout 2017, reports Coldwell Banker Paradise in their recently released Mid-Year Housing Report.

“Its a great time to sell with real movement in the market, and if you are in the market to buy, now is a better time than ever,” stated Coldwell Banker Paradise Co-Owner and Broker Linda Schlitt Gonzalez. “Interest rates are likely to rise, now would be advisable for buyers to jump in.”

This year, as many homeowners have found their equity levels rising, more and more St. Lucie residents are looking to finally make their move. Single family homes saw a 46% increase in sales at the $250k-$500K level.

A more moderate pace in the condominum market leads to a more balance market overall, with inventory slightly up and sales slowing their pace.

Affordable units are continuing to be sought after from both investors and retirees, however inventory levels have remained stable.

Buyers who are relocating from the Miami-Fort Lauderdale and West Palm Beach markets would do well to work with a savvy agent who can keep them abreast of new properties coming onto the market, especially with the movement in the market.

The leader in full service local real estate, Coldwell Banker Paradise agents closed over 2,234 transactions in the last year, placing the company as the 350th largest broker in the country in units sold, according to the Real Trends 500 survey. Nationally, Coldwell Banker out-produced every other national brand, ranking #1 for dollar volume.

COLDWELL BANKER PARADISE

ST. LUCIE COUNTY

2021 S Indian River Drive, Fort Pierce, FL 34950 | $890,000 Get ready to enjoy stunning sunrises and gorgeous panoramic water views from this classic elegant home. Take in the tropical breezes from your picturesque front porch overlooking all the lush tropical landscaping. Inside, there is so much to take in from the beautiful hardwood floors and wood burning fireplace, to the beautiful kitchen with a butcher’s pantry and wet bar. The copper roofed sunroom reflects some of the sun’s heat, allowing you to relax there all year long. The master suite is +600 sq feet with pristine views of the river. Bring your toys as there is an oversized 3 car garage with ample storage space,

Pat Murphy REALTOR

and don’t forget the boat to go with the Coldwell Banker Paradise 250 foot boat dock with two slips. This is coastal riverfront living at its finest.

(RX-10297956)

772-971-7472

hoyt.murphyjr@ColdwellBanker.com

COLDWELL BANKER PARADISE

ST. LUCIE COUNTY

1714 Coconut Drive, Fort Pierce, FL 34949 | $799,500| 4/3/2 Found in the prestigious Jennings Cove on South Hutchinson Island, this exceptional, custom pool home was built with superior quality and craftsmanship featuring 14’ vaulted celings, a barrel tile roof and is beautifully maintained inside and out. The master suite pampers you with the master bath offering dule sinks, a luxurious claw foot soaking tub and 2 large walk in closets.

A chef’s kitchen showcases custom cabinets, granite counters and stainless stell appliances. The open floor plan and expansive family room overlooking the back porch and screened heated pool and jacuzzi is enhanced by the travertine marble pool deck. You will treasure the memories made in this home.

(RX-10336509)

Hoyt Murphy, REALTOR Coldwell Banker Paradise

Linda Nelson, REALTOR Coldwell Banker Paradise

hoyt.murphyjr@coldwellbanker.com

linda.nelson@ColdwellBanker.com

772-971-7424

772-971-7147

COLDWELL BANKER PARADISE

ST. LUCIE COUNTY

4310 A1A 302, Hutchinson Island, FL 34949 | $795,000 | 3/2.1/2 Enjoy the Spectacular Ocean views from this 3rd floor 3 bedroom 2 1/2 Bathroom condo right on the ocean.

With a beautiful interior and an open floor plan, its easy to look around and enjoy all the upgrades this unit has to offer. Sit on your balcony and watch the sun come up or take a nice long walk on the most beautiful beach on the Treasure Coast.

(RX-10348309)

Daniel Ochse REALTOR

Natalie Ochse REALTOR

772-633-8200

772-370-8675

Daniel.Ochse@ColdwellBanker.com Natalie.ochse@ColdwellBanker.com

COLDWELL BANKER PARADISE

ST. LUCIE COUNTY

3702 North A1A 601, Hutchinson Island, FL 34949 | $725,000 | 4/3.5/2 Gorgeous Oceanfront Condo in Grande Isle with beautiful sweeping views of the Ocean and Intracoastal waterway. Perfect for casual or formal living, this Oceanfront condo with luxurious appointments is sure to impress the most discriminating buyer.

This Spectacular 4 bedroom,3 1/2 bath condo -with a 1 car garage, is one of the most desirable units in Grande Isle.The community amenities include a beautiful pool and hot tub, billiards room, gym and a community room.

(RX-10353166)

Daniel Ochse REALTOR

Natalie Ochse REALTOR

772-633-8200

772-370-8675

Daniel.Ochse@ColdwellBanker.com Natalie.ochse@ColdwellBanker.com

Hutchinson Island Mid-Year Comparison 2017 to 2016

SINGLE FAMILY HOMES

Price Point Under $250,000

$250,001 to $500,000

$500,001 to $1,000,000

Over $1,000,000

Total

Price Point

CONDOS

Under $250,000

$250,001 to $500,000

$500,001 to $1,000,000

Total

Year

Homes Sold

Current Listings

Month’s Supply

Average Price

2017

7

0

0.0

$221,429

2016

18

2

0.7

$203,433

Change

-61.1%

-100.0%

-100.0%

+9.0%

2017

24

15

3.8

$364,497

2016

25

19

4.5

$380,544

Change

-4.0%

-21.1%

-17.8%

-4.0%

2017

10

25

15.0

$704,020

2016

8

23

17.3

$342,072

Change

+25.0%

+8.7%

-13.0%

+106%

2017

3

11

22.0

$1,876,667

2016

5

6

7.2

$1,542,000

Change

-40.0%

-83.3%

205.6%

22%

2017

44

51

7.0

$522,003

2016

56

50

5.4

$421,820

Change

-21.4%

+2.0%

+29.8%

+24.0%

Year

Condos Sold

Current Listings

Month’s Supply

Average Price

2017

100

58

3.5

$187,382

2016

134

55

2.5

$185,719

Change

-25.4%

+5.5%

+41.3%

+1.0%

2017

65

73

6.7

$318,680

2016

105

78

4.5

$319,529

Change

-38.1%

-6.4%

+51.2%

0.0%

2017

6

22

22

$606,917

2016

8

15

11.3

$633,750

Change

-25.0%

+46.7%

-28%

-4.0%

2017

171

156

5.5

$252,011

2016

247

148

3.6

$257,112

Change

-30.8%

+5.4%

+52.3%

-2.0%

2nd Quarter Activity Leads to Gains in Hutchinson Island Market Many homeowners, especially at the over $500k price point, have recovered enough equity to start exploring their options. This has led to increases in both inventory and sales at this level, providing a real upturn in activity on Hutchinson Island for the 2nd Quarter reports Coldwell Banker Paradise.

Waterfront and new development dominated the 2nd Quarter single family home sales. The largest improvement for Hutchinson Island properties was in the over $1M market with a significant amount of new listings at 83.3%. Homeowners are likely seeing the positive trend in the sellers market with buyers buying at a fast rate. Price increases were healthy, while overall sales saw a decrease of 21% (mostly due to inactivity at the beginning of the year). Inventory has been steadily increasing providing more selection for buyers.

Buyers relocating to Hutchinson Island will find inventory increasing and homes under $500K adjusting in price. It will serve them well to have an experienced agent keeping them up to date with new properties on the market.

Condominium sales on Hutchinson Island are experiencing a market adjustment, with sales down and prices stabilizing.

“Its a great time to sell with real movement in the market, and if you are in the market to buy, now is a better time than ever,” stated Coldwell Banker Paradise Co-Owner and Broker Linda Schlitt Gonzalez. “Interest rates are likely to rise, now would be advisable for buyers to jump in.”

COLDWELL BANKER PARADISE

COLDWELL BANKER PARADISE

4400 N A1a 7 S, Hutchinson Island, FL 34949 | $681,000 Luxurious oceanfront. Each unit in this building occupies ½ of each floor and the elevator opens directly into the unit. Open living with ocean views front the living room, dining room and kitchen. Living room features a fireplace and 30 ft wide floor-to-ceiling windows with ocean, beach views and river views. Ceramic tile floors throughout. Large kitchen includes granite counters, cherry cabinets, a center island, cook top and wall oven.

Guest bedrooms have west balcony with preserve and river views. Master suite sanctuary with jetted tub, walk-in shower, 3 closets and floor to ceiling windows facing east and a small office.

(RX-10329122)

Jeff Mitchell REALTOR Coldwell Banker Paradise

772-359-9335

Jeff.Mitchell@ColdwellBanker.com

ST. LUCIE COUNTY

COLDWELL BANKER PARADISE

ST. LUCIE COUNTY

3000 North A1A 7-B, Hutchinson Island, FL, 34949 | $675,000 3|2.5|1 Outstanding and upgraded to excellence with gorgeous views. This unit has 3 bedrooms, 2.5 baths and includes a garage. The Atrium Condominium buildings on North Hutchinson Island has 12 floors with 48 three bedroom units. Both models in each building are over 2,100 sqft under air. All units have exterior balconies with ocean views and the corner units also have balconies facing west. The penthouse units all have private rooftop patios. The entrance to all units is from the interior garden atrium. Each building has separate amenities and a separate management association.

(RX-10354648)

Sergei Goukasov REALTOR

772-216-7126

sergei.goukasov@ColdwellBanker.com

COLDWELL BANKER PARADISE

2014 Windward Drive, Fort Pierce, FL 34949 | $629,900 Take in the view from your windows, direct ocean access in Ocean Village on Beautiful South Hutchinson Island.

This designer furnished home has many upgrades, and has a enclosed glassed balcony that offers the best views. This could be a great investment opportunity or winter home. Ocean Village offers a wide variety of activities including golf, tennis, shuffleboard, pools, private ocean access, dining and more. Live like others vacation.

(RX-10313136)

Linda Nelson REALTOR Coldwell Banker Paradise

772-971-7147

linda.nelson@ColdwellBanker.com

ST. LUCIE COUNTY

COLDWELL BANKER PARADISE

10650 Carlton Road, Port St. Lucie, FL 34987 | $625,000 Country living at its finest! This is a spacious four bedroom three bathroom custom built home dones over 20 acres. Space is one thing you will have plenty of, so bring the horses or cattle. There is a 20ft by 50ft CBS storage building also that would be ideal for a tack room or hobby space.

This property is near the St Lucie County fairgrounds, minutes to I-95 and St. Lucie West, so you will be close to all that you need, but you will still have that country lifestyle you love.

(RX-10318835)

Peggy Murphy REALTOR Coldwell Banker Paradise

772-370-1135

peggy.murphy@ColdwellBanker.com

ST. LUCIE COUNTY

COLDWELL BANKER PARADISE

ST. LUCIE COUNTY

241 Fernandina Street, Fort Pierce, FL 32950 | $619,000 | 2/2/1 This home captures all the old Florida style and charm, featuring original terrazzo floors, spacious living room and sun room, updated kitchen, spacious bedrooms, and a pergola off the back patio to enjoy beautiful sunsets overlooking the Indian River with a Dock and large back yard for entertaining. Walking distance to the beach, restaurants and entertainment.

(RX-10326599)

Debbie Fitzgerald REALTOR

Robenson JusteREALTOR

772-812-3300

772-971-2431

debbie.fitzgerald@ColdwellBanker.com robenson.juste@ColdwellBanker.com

COLDWELL BANKER PARADISE

ST. LUCIE COUNTY

1671 Binney Drive, Fort Pierce, FL 34949 | $575,000 | 3/2/1 This is the greatest Opportunity on the island. Take a look at the lowest priced waterfront single family house on South Hutchinson Island, and a buildable lot next door. Recently remodeled and ready for new ownership. This is just two blocks away from the unspoiled beaches and world renowned fishing, and extraordinary dining.

(RX-10311044)

Cheryl Brush REALTOR Coldwell Banker Paradise

772-359-7706

cheryl.brush1@coldwellbanker.com

COLDWELL BANKER PARADISE

ST. LUCIE COUNTY

1002 Windward Drive 1002, Hutchinson Island, FL 34949 | $574,000 | 3/2/1 Walk out your back patio and head to the ocean with this oceanfront condo..

Amazing view of the Atlantic Ocean.

Open and spacious, this corner unit will inspire you as you watch the gorgeous sunrises. Ocean Village offers a lifestyle of island living with pristine beaches, golf, fantastic dining, and adventure.

(RX-10307496)

Debbie Fitzgerald REALTOR Coldwell Banker Paradise

772-812-3300

Robenson JusteREALTOR Coldwell Banker Paradise

772-971-2431

debbie.fitzgerald@ColdwellBanker.com robenson.juste@ColdwellBanker.com

COLDWELL BANKER PARADISE

ST. LUCIE COUNTY

2400 S. Ocean Drive 4192, Fort Pierce, FL 34949 | $559,000 Absolutely beautiful Direct views of the ocean and intracoastal from this 9th floor ‘’Seascape’’ condo!

Two large balconies to enjoy endless ocean breezes and unobstructed ocean views! Recently renovated & nicely upgraded. This condo would be an excellent rental unit if owners so desire. Located on beautiful South Hutchinson Island with 21 miles of uncrowded & unspoiled beaches and you can enjoy the best of Florida living at Ocean Village, an ocean side community with 24 hr. gated security, 9 hole par 3 golf course, hard & clay tennis courts, bocce ball, shuffleboard, 6 heated pools, clubhouses, oceanfront restaurant, tiki bar by main pool and 3000 feet of ocean front.

(RX-10353766)

Linda Nelson REALTOR Coldwell Banker Paradise

772-971-7147

linda.nelson@ColdwellBanker.com

3|2|1

How Much House Can You Afford?

HOUSE POOR [adjective | hous – poo·r] A person who can afford his or your life or finances, then you may be able to afford a larger mortgage her home mortgage payments, but can’t afford much of anything else. payment. If you do have life plans that will impact your finances in the near future, it may be best to secure a more manageable mortgage Here are the ABC’s of finding a dream house that you can reasonpayment. ably afford.

Also, job security is critical when deciding how much home you can ASSESS YOUR RATIOS afford. How long have you been working? Do you suspect any major upheavals in the company anytime soon? Have there been any major Finding that magic mortgage number of how much home you can layoffs? realistically afford.

You never know what the future holds, make sure that you have an Front-End Ratio: A front-end ratio is known as the mortgage-to-inemergency fund that can cover all of your necessary expenses while you come ratio. You find this ratio by using a debt to income calculator or get back on your feet. An emergency fund should cover at least three to by dividing your projected monthly mortgage payments by your gross six months of your living expenses. monthly income. For example, if your monthly mortgage payment would be $1,500 and your monthly income is $6,000, your front-end If you haven’t built this fund yet, plan out how you can put some dollars ratio would be 1500/6000 or 25%. This projected mortgage payment towards creating these reserves before you decide how much you want should include the principal, taxes, insurance, and interest payments. to spend on buying a house.

Many lenders have limits on the maximum front-end ratio that they’ll permit. If you’re seeking an FHA loan, the federal cap on front-end CALCULATE OTHER MONTHLY EXPENSES ratios is 31%.

Your total monthly expenses will affect how much home you’re able to Back-End Ratio: Your debt-to-income ratio is your back-end ratio. afford.

The back-end ratio can be found by adding all of your monthly debt payments, including your car payments, credit card payments and Calculate all of your expenses, such as groceries, gas, dining out, any other outstanding debt, then dividing this number by your gross clothes, miscellaneous goods, toiletries, cosmetics, utilities, and car monthly income, which is the amount earned before taxes or other expenses. Don’t forget to include line-items for travel, holidays and deductions. The higher your back-end ratio is, the more difficult it other annual expenses. Forgetting to calculate these annual or biannual is to meet your monthly mortgage payments. Lenders will also have expenses can have a reverberating impact on your ability to afford your maximum caps on this. The absolute highest back-end ratio you can home. have and still qualify for an FHA mortgage is 43%.

Bet on Life Now that you know the ABC’s of what you can afford, check out the homes we have available at Coldwell Banker Paradise by going to our Are you starting a new career? Returning to graduate school? Do you website FLColdwellBanker.com, or calling our main office at 772-778plan on growing your family? If you don’t expect any big changes to 2029 today to speak to a licensed Real Estate Agent.

COLDWELL BANKER PARADISE

INDIAN RIVER COUNTY

9160 Marsh Island Drive, Vero Beach 32963|$1,950,000 | 4/4 This estate home is surrounded by nature, amazing wild life, liquid views all while living in harmony with nature. The home is a striking West Indies Style with highend finishes that dazzle. It was required to meet the high standards of the ARC Board. The location is one of a kind with a FAIRY TALE CHARM delivering a well deserved HAPPY ENDING. Enjoy watching the dolphins jumping in the lagoon or the many species of birds common to this area. (185578)

Mary Lou Ciambriello, REALTOR Coldwell Banker Paradise

561-305-7139

MaryLou.Ciambriello@ColdwellBanker.com

COLDWELL BANKER PARADISE

INDIAN RIVER COUNTY

13155 N. Indian River Drive, Sebastian 32958|$1,375,000 | 4/3 A Fisherman’s Palace on the Indian River describes the easy going, natural beauty and exquisite taste of this nature lover’s estate with 215’ of river frontage. This living compound is nothing short of glorious, from the breathtaking views of the Indian River to the Chef’s kitchen. Plenty of room for family and friends with a guest quarters on first level. Get your work done on the second level master suite with office and water views.

(176134)

Susan Maitner, REALTOR Coldwell Banker Paradise

772-913-0222

Susan.Maitner@ColdwellBanker.com

COLDWELL BANKER PARADISE

INDIAN RIVER COUNTY

130 Rivercore Lane, Vero Beach 32963|$1,329,000 | 6/5 By land or by sea, this magnificent oasis in a charming cul-de-sac gives you access to the best inlets and marinas around. If the sea is calling you, there’s a deep water dock that will keep you content. For days when home is where you want to be, relax by the pool and spa while taking in views of the Indian River. With all of this extra room, you will want to have guests, so make them at home in their private one bed, one bath cabana aside from the main home.

Indulge your inner-gourmet with all of the finest and most modern conveniences in your state-of-the-art kitchen where cooking will be an adventure! (179856)

Robenson Juste, REALTOR Coldwell Banker Paradise

Deborah Fitzgerald, REALTOR Coldwell Banker Paradise

Robenson.Juste@ColdwellBanker.com

Debbie.Fitzgerald@ColdwellBanker.com

772-971-2431

772-812-9600

COLDWELL BANKER PARADISE

3006 Eagle Drive, Vero Beach 32963|$1,195,000 | 3/3 Picture yourself living in a brand new, custom designed 2 story fortress in Central Beach Vero... you can walk to the beaches, shopping, restaurants and parks. Almost anything you could imagine, including theater and an art museum are a stone’s throw from you back door. Your family and friends will love the glorious Florida outdoor living with fireplace, pool and covered porch. (178008)

Joseph & Joseph, REALTORS Coldwell Banker Paradise

772-360-6824

Joseph.Schlitt@ColdwellBanker.com

INDIAN RIVER COUNTY

COLDWELL BANKER PARADISE

INDIAN RIVER COUNTY

470 N Arrowhead Trail, Vero Beach 32963|$1,000,000 | 4/4 Ocean-to-river living. Custom home on .56 acre cul-desac. Inviting formal - informal rooms view 60ft+ lanai, pool/ spa. Design features include fireplace, bookcases, millwork, hardwood, tile, 2 pane windows.

Large kitchen open to family room extends to billiard room.

Thermador cooktop. Master closet “safe room.” Clubhouse, 6 tennis courts, pool, fitness, Intracoastal docks, beach gazebo. (171359)

Jeff & Ginny Mitchell, REALTORS Coldwell Banker Paradise

772-321-3355

Ginny.Mitchell@ColdwellBanker.com

COLDWELL BANKER PARADISE

INDIAN RIVER COUNTY

846 Banyan Road, Vero Beach 32963 | $990,000 | 4/3.5 This is the first house from Ocean Drive and steps away from pristine beaches, shops, and restaurants including the famous “Bobby’s”. It is a 3 bedroom, 2.5 bathroom 4500+ square foot house that is almost done being renovated.

Improvements already completed include roof, carport, impact windows, electric, plumbing and kitchen. There is also a connected guest house which is 1 bedroom, 1 bathroom with an optional 2-car garage and pool house. Home boasts possible living space on 2-lots.

(187401)

Jason Gill, REALTOR Coldwell Banker Paradise

772-696-5600

Jason.Gill@ColdwellBanker.com

Vero Beach Island Mid-Year Comparison 2017 to 2016

Higher Inventory on Island Market Gives Buyers Choices Significant inventory gains for Vero Beach Island properties leads to a favorable market for buyers, reports Coldwell Banker Paradise in its recently released 2017 Mid-Year Market Report. Due to increased appreciation, many homeowners, especially for those over the $500K price point, have recovered enough equity to start exploring their options. This has led to significant increases in inventory, providing a real upturn in listing activity on the Island.

SINGLE FAMILY HOMES

With triple digit increases in inventory in the over $1M price point, buyers are in a good position to shop around.

“To keep buyer interest high, sellers will need to work with an experienced agent who can respond quickly to reflect changes in the market,” stated Co-Owner and Broker Linda Schlitt Gonzalez.

Well-priced, well-placed homes will attract the right buyers. “Buyer enthusiasm and response will set the Island market in the months to come,” added Gonzalez.

Price Point Under $500,000

$500,001 to $1,000,000

Over $1,000,000

Total

Price Point

CONDOS

Under $500,000

$500,001 to $1,000,000

Over $1,000,000

Total

The leader in full service local real estate, Coldwell Banker Paradise agents closed over 2,234 transactions in the last year, placing the company as the 350th largest broker in the country in units sold, according to the Real Trends 500 survey. Nationally, Coldwell Banker out-produced every other national brand, ranking #1 for dollar volume. Service, dedication, and an unwavering commitment to the highest ideals of their profession, Co-Owners and Brokers Steven Schlitt and Linda Schlitt Gonzalez have grown their business exponentially, becoming one of the Top Three Coldwell Banker Franchise’s in the state of Florida. In addition, for nearly 15 years, they have been honored annually with the Chairman’s Circle from Coldwell Banker national. The Chairman’s Circle award is the most prestigious designation a Coldwell Banker affiliated company can achieve signifying the top six percent of Coldwell Banker affiliated residential real estate brokerage companies in the world.

COLDWELL BANKER PARADISE

Year

Homes Sold

Current Listings

Month’s Supply

Average Price

2017

77

34

2.6

$402,895

2016

55

38

4.1

$372,366

Change

+40.0%

-10.5%

-36.1%

+8.0%

2017

90

137

9.1

$707,154

2016

73

86

7.1

$688,251

Change

+23.3%

+59.3%

+29.2%

+3%

2017

63

185

17.6

$2,059,915

2016

64

91

8.5

$2,271,434

Change

-1.6%

+103.3%

+106.5%

-9.0%

2017

230

356

9.3

$975,832

2016

192

215

6.7

$1,125,490

Change

+19.8%

+65.6%

+38.2%

-13%

Year

Condos Sold

Current Listings

Month’s Supply

Average Price

2017

74

90

7.3

$297,574

2016

89

61

4.1

$285,628

Change

-16.9%

+47.5%

+77.4%

+4.0%

2017

40

35

5.3

$649,375

2016

42

27

3.9

$662,726

Change

-4.8%

+29.6%

+36.1%

-2.0%

2017

13

27

12.5

$1,664,615

2016

3

11

22.0

$1,083,333

Change

+333.3%

145.5%

-43.4%

+54.0%

2017

127

152

7.2

$548,310

2016

134

99

4.4

$421,681

Change

-5.2%

+53.5%

+62.0%

+30.0%

COLDWELL BANKER PARADISE

INDIAN RIVER COUNTY

13380 Old Dixie Highway, Sebastian 32958|$888,000 | 4/3 If you love the homes in Key West then you’ll be crazy about this Capp Custom home surrounded by “Old Florida” lush landscaping. While private, it is still walking distance to Sebastian’s quaint waterfront district. Relax by the pool alone or with family and friends enjoying the east river breezes.

If you are the kind of person looking for top quality then look no further. Includes a mother-inlaw suite or guest quarters. The features are endless. (171162)

Susan Maitner, REALTOR Coldwell Banker Paradise

772-913-0222

Susan.Maitner@ColdwellBanker.com

Sebastian Mid-Year Comparison 2017 to 2016

Sebastian Housing Market Robust YTD for 2017 With increases in both sales and current listings, Sebastian remains the strongest mainland market along the Space and Treasure Coast, reports Coldwell Banker Paradise in their recently released Mid-Year Housing Report.

This year, as many homeowners have found their equity levels rising, more and more Sebastian residents are looking to finally make their move. Single family homes saw a 63% increase in sales at the $250k-$500K level. Buyers looking to relocate to Sebastian will find a competitive market with homes being sold quickly along with inventory rising at a 23.5% rate. Working with an experienced agent is the only way for buyers to stay ahead of the rapidly changing inventory.

SINGLE FAMILY HOMES

Price Point Under $100,000

$100,001 to $250,000

$250,001 to $500,000

Over $500,000

Total

The leader in full service local real estate, Coldwell Banker Paradise agents closed over 2,234 transactions in the last year, placing the company as the 350th largest broker in the country in units sold, according to the Real Trends 500 survey. Nationally, Coldwell Banker outproduced every other national brand, ranking #1 for dollar volume. For nearly 15 years, Coldwell Banker Paradise has been honored annually with the Chairman’s Circle from Coldwell Banker national. The Chairman’s Circle award is the most prestigious designation a Coldwell Banker affiliated company can achieve signifying the top six percent of Coldwell Banker affiliated residential real estate brokerage companies in the world.

Year

Homes Sold

Current Listings

Month’s Supply

Average Price

2017

18

1

0.3

$73,438

2016

28

1

0.2

$71,515

Change

-35.7%

0.0%

+55.6%

+3.0%

2017

323

100

1.9

$185,218

2016

287

78

1.6

$166,938

Change

+12.5%

+28.2%

+13.9%

+11.0%

2017

77

47

3.7

$293,761

2016

47

40

5.1

$296,415

Change

+63.8%

+17.5%

-28.3%

-1.0%

2017

5

20

24.0

$885,500

2016

3

17

34.0

$541,667

Change

+66.7%

+17.6%

-29.4%

+63.0%

2017

423

168

2.4

$208,497

2016

365

136

2.2

$179,370

Change

+15.9%

+23.5%

+6.6%

+16.0%

5,000 Flags Coldwell Banker Paradise has had a long standing tradition to promote the American Flag and champion the ideals that our Flag stands for -- and no other company on the Space and Treasure Coasts distributes more flags during annual holidays. As the long standing leader of the Sebastian 4th of July Parade, it is our honor and privilege to hand out this sacred emblem at the beginning of each parade. In addition, our agents regularly door knock on Memorial Day handing out flags to communities up and down the Space and Treasure Coast. Civic leadership and community stewardship is at the heart of Coldwell Banker Paradise’s agents work in the Sebastian community. Volunteering and working on behalf of our community is inherently ingrained in the DNA of our Coldwell Banker Paradise team.

COLDWELL BANKER PARADISE

INDIAN RIVER COUNTY

260 Sea Gull Avenue, Vero Beach 32960|$799,000 | 3/3.5 Want everyone in the family to be happy with your next home? This is the one! Bring the fisherman, because he is going to want that deep water dock right on a canal that leads to endless days of fishing bliss.

Don’t forget the chef in the family because they are going to fall in love with this amazing kitchen designed for family feasts or delightful parties. By all means, bring the swimmer, because the 40’ solar heated lap (191439) pool is to die for. (177117)

Andrew Racaniello, REALTORS Coldwell Banker Paradise

772-532-7258

Andrew.Racaniello@ColdwellBanker.com

COLDWELL BANKER PARADISE

INDIAN RIVER COUNTY

2085 Cavalla Road, Vero Beach, FL 32963 |$789,000 | 3/3.5 Bonita Beach - Imagine having private beach access only steps away from your home. This large, family home has three bedrooms plus a large den/office that could be converted to a fourth bedroom. Everyone will enjoy their privacy with four baths.

There is a side entry, two car garage and renovated kitchen with granite, appliances, and cabinets. Master bath has also been updated. There is bamboo flooring throughout. (191008)

Regina Cupp, REALTOR Coldwell Banker Paradise

772-559-4127

Regina.Cupp@ColdwellBanker.com

COLDWELL BANKER PARADISE

INDIAN RIVER COUNTY

7805 Homestead Drive, Vero Beach 32967|$749,000 | 3/3.5 This state-of-the-art provincial farmhouse combines modern and old-fashioned charm.

Wide open windows allow for amazing views of this six acre home site, expansive enough to accommodate horses. Large interior openings invite the house to flow, breaking down barriers between indoor and outdoor space. Breathing warmth and comfort, the open kitchen has a central workspace with a double thick island slab that will satisfy even the most discerning chef.

(185704)

Susan Maitner, REALTOR Coldwell Banker Paradise

772-913-0222

Susan.Maitner@ColdwellBanker.com

COLDWELL BANKER PARADISE

9 Seahorse Lane, Vero Beach 32960|$697,000 | 2/2 Paradise awaits in this tropical oasis! Charming 2BD/2BA riverfront home in the Vero Isles.

Main house features a large living area with an abundance of natural light. The kitchen features granite counters and a gas cooktop. Large Florida sunroom allows for surpassing views of the river that leads to the stately backyard.

Dock was recently updated with 2 boat lifts ready for use. (184043)

Joseph & Joseph, REALTORS

Coldwell Banker Paradise 772-360-6824

Joseph.Schlitt@ColdwellBanker.com

INDIAN RIVER COUNTY

Vero Beach Mainland Mid-Year Comparison 2017 to 2016 Vero Beach Mainland Housing Market Shows Robust Pace with No Slow Down in Sight With double digit increases in both sales and inventory, the Vero Beach

Vero Beach Mainland Condominiums sales are selling quickly with an average

mainland housing market is likely to continue its healthy pace throughout

2.7 months supply on the market. Affordable units in the $250-500K range are

2017, reports Coldwell Banker Paradise in their recently released Mid-Year

selling quickly with an increase of 200% in year over year sales. Inventory

Housing Report.

rates remain somewhat stable at a 14% increase.

This year, as many homeowners have found their equity levels rising, more and

“Its a great time to sell with real movement in the market, and if you are in

more Vero Beach residents are looking to finally make their move. With prices

the market to buy, now is a better time than ever,” stated Coldwell Banker

rising, the $250,000 to $500,000 price range is now seeing increased activity.

Paradise Co-Owner and Broker Linda Schlitt Gonzalez. “As interest rate

Inventory rates remain stable with a slight increase in the number of units on

increases raise loan payments, and inventories rise, home price increases will

the market and in months supply of inventory.

not be as large going forward. So now is also a good time for Sellers.”

Buyers looking to relocate to Vero Beach Mainland will find both an increase

The leader in full service local real estate, Coldwell Banker Paradise agents

and a variety in new listings. Working with an experienced agent is the only

closed over 2,234 transactions in the last year, placing the company as the

way for buyers to stay ahead of rapidly changing inventory.

350th largest broker in the country in units sold, according to the Real Trends 500 survey. Nationally, Coldwell Banker out-produced every other national

SINGLE FAMILY HOMES

brand, ranking #1 for dollar volume.

Price Point Under $250,000

$250,001 to $500,000

Over $500,000

Total

Price Point

CONDOS

Under $250,000

$250,001 to $500,000

Over $500,000

Total

Year

Homes Sold

Current Listings

Month’s Supply

Average Price

2017

621

202

2.0

$166,155

2016

576

190

2.0

$155,240

Change

+9.5%

+6.3%

-2.9%

+7.0%

2017

312

274

5.3

$323,841

2016

215

166

4.6

$324,958

Change

+45.1%

+65.1%

+13.7%

0.0%

2017

52

89

10.3

$641,760

2016

30

54

10.8

$727,384

Change

+73.3%

+64.8%

-4.9%

-12.0%

2017

985

565

3.4

$241,210

2016

812

410

3.0

$221,315

Change

+21.3%

+37.8%

+13.6%

+9.0%

Year

Homes Sold

Current Listings

Month’s Supply

Average Price

2017

236

109

2.8

$101,250

2016

227

92

2.4

$91,917

Change

+4.0%

+18.5%

+14.0%

+10.0%

2017

15

5

2.0

$311,160

2016

5

5

6.0

$307,400

Change

+200.0%

0.0%

-66.7%

+1.0%

2017

10

4

2.4

$620,200

2016

7

6

5.1

$795,071

Change

-42.9%

-33.3%

-53.3%

-22.0%

2017

261

118

2.7

$133,196

2016

239

103

2.6

$117,019

Change

+9.2%

+14.6%

+4.9%

+14.0%

COLDWELL BANKER PARADISE

INDIAN RIVER COUNTY

489 12th SE Place, Vero Beach 32962|$650,000 | 3/2 Breathe deeply and relax - this home is your own private Shangri-la designed with tranquility in mind. Cool breezes will refresh you as you commune with the dolphins and wild birds right in your back yard. Fresh fish can be caught from your private dock situated on a canal across from a preserve. Go deep sea fishing when the mood strikes.

Spend countless hours simply star gazing as you have clear views from most rooms. Dream kitchen will delight the most finicky cooks with high-quality stainless appliances and granite countertops. (171447)

Jeff & Ginny Mitchell, REALTORS Coldwell Banker Paradise

772-321-3355

Ginny.Mitchell@ColdwellBanker.com

COLDWELL BANKER PARADISE

INDIAN RIVER COUNTY

489 12th SE Place, Vero Beach 32962|$650,000 | 3/2 Exceptional Lakefront home in Black Bear located on 3/4 acre lot in gated community. Gourmet kitchen with Island and double wall ovens. Private heated and screened pool with hot tub faces lake offering an over sized patio area and many upgrades! Open floor plan makes for excellent entertaining. Billiards Room with Table. Computer Nook, Wet-Bar, Den, three car garage. Impact windows and more! (190753)

Chase Mariposa, REALTOR Coldwell Banker Paradise

Jeff Knowles, REALTOR Coldwell Banker Paradise

Chase.Mariposa@ColdwellBanker.com

Jeff.Knowles@ColdwellBanker.com

772-713-5842

772-559-0570

COLDWELL BANKER PARADISE

INDIAN RIVER COUNTY

2077 Indian Summer LN, Vero Beach 32963|$599,000 | 3/3.5 The only Begonia model available in the Seasons gated community. Love to swim? It has the largest private pool in the community. Is entertaining your thing? Enjoy the wide open spaces where friends and family can mingle and you are right there in the middle of all of the fun. You’ll also spend lots of time at the gorgeous clubhouse where there is a state-of-the-art fitness area, pool, kitchen and cardroom. Hit the tennis courts and live the dream! (178025)

Sharon Noblet-Wininger, REALTOR Coldwell Banker Paradise

772-713-4602

Sharon.Wininger@ColdwellBanker.com

COLDWELL BANKER PARADISE

INDIAN RIVER COUNTY

29 Seahorse LN, Vero Beach 32960 |$599,000 | 3/3 Charming three bedroom, three bath deep water riverfront home with a pool located in the Vero Isles. This spacious home features a split plan with Mexican tile and terrazzo floors and a fireplace that opens to both the living and family rooms.

Recent updates include a new roof and new dock with a lift.

Close to shops, restaurants and the beach. Don’t miss out on this riverfront opportunity! (189100)

Joseph O’Neill, REALTOR Coldwell Banker Paradise

Joseph Schlitt, REALTOR Coldwell Banker Paradise

Joseph.O’Neill@ColdwellBanker.com

Joseph.Schlitt@ColdwellBanker.com

772-643-6824

772-360-6824

COLDWELL BANKER PARADISE

INDIAN RIVER COUNTY

12545 Roseland Road, Sebastian 32958|$649,999 | 3/2 “Old Florida� at its best with winding rivers, preserves, a natural setting all on over 3.5 acres of the St. Sebastian River.

Feel like you are stepping back in time in a community where life is laid back and everything seems to slow down. Whether you are a fisherman, boating enthusiast or just and out doors person, you will find the Sebastian River Area to fulfill your dreams of the ultimate Florida lifestyle. Growing family? There is the possibility of adding two parcels in this private natural setting. (103753)

Susan Maitner, REALTOR Coldwell Banker Paradise

772-913-0222

Susan.Maitner@ColdwellBanker.com

COLDWELL BANKER PARADISE

660 SW 45th CT, Vero Beach 32968 |$539,000| 6/4 Spacious and Glorious! 6 full bedrooms, plus den and 23x21 bonus/dorm room. Gated, on the pristine lake with beautifull canopied mature oak trees.

Boasts lakefront screened in heated pool, island style waterfall, huge lanai with half bath, crown molding, coffered ceilings, granite, stainless steel appliances, gas, Central vac, lots of storage and closets, 3+ car garage with new flooring.

(188967)

Karen Gaskill, REALTOR Coldwell Banker Paradise

772-559-5567

Karen.Gaskill@ColdwellBanker.com

INDIAN RIVER COUNTY

COLDWELL BANKER PARADISE

INDIAN RIVER COUNTY

4311 Summer Breeze Terrace, Vero Beach 32967|$535,000 | 3/3 Lakefront Home in Riverwind private/gated community.

3 BR, 3 Bath, 2 car Garage, private free form large spa with screened enlarged patio, invites entertainment and relaxation, high volume ceilings, window treatments and appliances included. Upscale gourmet kitchen with granite counters, top of the line appliances, total Lawn care included, clubhouse w pool and Tennis Court. (186014)

Joseph & Joseph, REALTORS Coldwell Banker Paradise

772-360-6824

Joseph.Schlitt@ColdwellBanker.com

How To Price Your Home You’re thinking of listing your home, but you’re not sure how much it’s worth. You have a vague idea about a general price, but you want accuracy.

Don’t worry – you’re not going to need to determine the price of the home yourself. Your real estate agent is a listing price expert! Your agent will guide you through the process, helping you understand how much your home may be worth and how quickly it may sell, based on a wide array of market conditions.

Here are some of some of the factors that agents consider when they’re pricing your home.

these variables to arrive at a true comparison. Ask your real estate agent to walk through the comps, explaining how he or she arrived at the final numbers. You might find yourself pleasantly surprised at how much your property is worth.

2. Ask About CBx

CBx is a proprietary platform that Coldwell Banker real estate agents use in order to make the process of determining an accurate valuation of your home run more smoothly. Ask your Coldwell 1. Your Agent Will Look for Comps Banker agent to explain the many special features of CBx when Let’s take a moment to explain the concept of ‘comparable’ you’re pricing your home. Your agent will explain how it is a useful properties, and how these relate to the unique features in your solution for determining the best price for your property. home.

3. Understand the Trade-Offs Imagine that you own a 3-bedroom, 2-bath single-family home built in 1990. Three neighboring single-family residences Finally, initiate a conversation with your real estate agent about a have recently sold for $280,000 to $330,000, so you presume your home value is somewhere within that range. That assump- critical question: Do you want to sell your home for top dollar, or do you want to sell it as quickly as possible? tion might not be accurate.

Your neighbor’s homes feature different qualities than yours. Some homeowners and agents jointly make a strategic decision to slightly underprice their homes, by a small amount, for a quick Your neighbor’s house has 4 bedrooms; another neighbor has sale. These are self-described “motivated sellers” who want to only 1.5 baths. One house has a swimming pool; another has a unload their home as quickly as possible. They may be moving to larger yard. One has new appliances. One neighbor has hardwoods throughout, while another has wall-to-wall carpet. One another state, or they may need to sell their current home before they can buy another one. is sold as-is.

That being said, there are many ways you can position your home See the differences? for a quick sale at full price. Making small improvements, such as Your agent can’t just look at the raw sales numbers for these fresh paint and exterior landscaping, can be effective at creating houses. To arrive at an accurate pricing picture, your agent a ‘wow’ factor. Staging your home is another great way to entice must adjust the sales numbers based on variables such as: buyers to make an offer.

Speak with your agent about how you can price your home for top dollar, without sacrificing speed. Call our main Coldwell Banker • Property age • Square footage • Bedrooms and bathrooms Paradise office today at 772-778-2029 for an agent who specializes • Condition of property • Upgrades and features Real estate agents are professionally trained in adjusting for in your neighborhood.

COLDWELL BANKER PARADISE

BREVARD COUNTY

200 Sundance Lane, Merritt Island, FL, 32952| $2,200,000 200 Sundance Merritt Island, FL, 32952| $2,200,000 200Lane, Sundance Lane, Merritt Island, FL, 32952| $2,200,000 A private, stately 1200 foot1200 driveway A private, stately 1200 foot driveway A private, stately foot driveway to this richly designed, beautifullybeautifully leads toleads this richly designed, beautifully leads to this richly designed, 2-acre direct Indian River detaileddetailed 2-acre direct Indian River detailed 2-acre direct Indian River A tropical retreat overlooking estate. Aestate. tropical retreat estate. overlooking A tropical retreat overlooking a deepdock water dock with two covered a deep water two covered a with deep water dock with two covered boat slips and lift. boat slips and lift.boat Elegantly appointed slipsElegantly and lift. appointed Elegantly appointed and for with resortwith resort and ideal forideal entertaining resort andentertaining idealwith for entertaining style and extended lanai, this lanai, this style pool andpool extended lanai, style pool andthis extended Mediterranean masterpiece boasts boasts Mediterranean masterpiece boasts Mediterranean masterpiece a large first-floor suite and suite and a large first-floor master suite and a largemaster first-floor master story veranda forperfect for second second story veranda perfect for second storyperfect veranda capturing waterfront sunsets. capturing waterfront sunsets.

Stone Stone capturing waterfront sunsets. Stone and hardwood flooring, two fireplaces, and hardwood flooring, two fireplaces, and hardwood flooring, two fireplaces, separate study, living room, formal separate study, living room, formal separate study, living room, formal dining, and family room (782298) dining, and familydining, room (782298) and family room (782298)

BeaStonesifer Linda Stonesifer Jaffe REALTOR Michael Edgar Jaffe REALTOR Bea Linda JaffeStonesifer REALTOR Edgar Jaffe REALTOR Bea Linda Jaffe REALTOR Michael Michael Edgar Jaffe REALTOR Coldwell Banker Paradise Coldwell Banker Paradise Coldwell Banker Paradise Coldwell Banker Paradise Coldwell Banker Paradise Coldwell Banker Paradise

321-951-3300 321-951-3300 321-951-3300

bea.jaffe@coldwellbanker.com bea.jaffe@coldwellbanker.com bea.jaffe@coldwellbanker.com

321-258-3443 321-258-3443 321-258-3443

michael.jaffe@coldwellbanker.com michael.jaffe@coldwellbanker.com michael.jaffe@coldwellbanker.com

Brevard Beachside Mid-Year Comparison 2017 to 2016 Appreciation Leads to Increases in Beachside Inventory With double digit increases in current listings, the Brevard County Island housing market continues at a strong pace, reports Coldwell Banker Paradise in their recently released Mid-Year Housing Report.

Condominium also saw significant listing activity. However, there has been a slight adjustment in prices overall, with most price levels seeing slight decreases.

Many homeowners, especially at the over $500K price point, have recovered enough equity to start exploring their options. This has led to an increase of sales at this level. “Buyers are quick to realize that buying Beachside in Brevard is a good value for their money,” stated Coldwell Banker Paradise Co-Owner and Broker Linda Schlitt Gonzalez.

“As interest rate increases raise loan payments, and inventories rise, home price increases will not be as large going forward. So now is also a good time for Sellers,” added Gonzalez.

The combination of new home buyers, job relocators and buyers coming from outside the area has left inventories tight. Although the inventory supply is climbing slightly, there is only a 3.2 month inventory and this has led to a 16% growth in average resale price.

SINGLE FAMILY HOMES

Price Point Under $250,000

$250,001 to $500,000

$500,001 to $1,000,000

Over $1,000,000

Total

Price Point

CONDOS

Under $250,000

$250,001 to $500,000

$500,001 to $1,000,000

Over $1,000,000

Total

The leader in full service local real estate, Coldwell Banker Paradise agents closed over 2,234 transactions in the last year, placing the company as the 350th largest broker in the country in units sold, according to the Real Trends 500 survey. Nationally, Coldwell Banker out-produced every other national brand, ranking #1 for dollar volume.

Year

Homes Sold

Current Listings

Month’s Supply

Average Price

2017

254

36

0.9

$191,185

2016

34

43

0.8

$181,249

Change

-19.1%

-16.3%

+3.5%

+5.0%

2017

463

223

2.9

$368,693

2016

443

209

2.8

$341,579

Change

+4.5%

+6.7%

+2.1%

+8.0%

2017

139

139

6.0

$662,853

2016

105

107

6.1

$655,534

Change

+32.4%

+29.9%

-1.9%

+1.0%

2017

26

74

17.1

$1,391,781

2016

22

35

9.5

$1,433,795

Change

+18.2%

+111.4%

+78.9%

-3.0%

2017

882

472

3.2

$394,091

2016

884

394

2.7

$349,080

Change

-0.2%

+19.8%

+20.7%

+13.0%

Year

Condos Sold

Current Listings

Month’s Supply

Average Price

2017

327

96

1.8

$145,236

2016

343

133

2.3

$136,420

Change

-4.7%

-27.8%

-24.3%

+6.0%

2017

185

159

5.2

$345,300

2016

194

126

3.9

$353,605

Change

-4.6%

+26.2%

+32.2%

-2.0%

2017

46

101

13.2

$629,098

2016

52

54

6.2

$665,863

Change

-11.5%

+87.0%

+111.4%

-6.0%

2017

1

10

60.0

$1,970,000

2016

3

5

10.0

$1,083,333

Change

-66.7%

+100.0%

+500.0%

+82.0%

2017

559

366

3.9

$254,528

2016

592

318

3.2

$258,895

Change

-5.6%

+15.1%

+21.9%

-2.0%

COLDWELL BANKER PARADISE

BREVARD COUNTY

8333 S Highway S, Melbourne FL 32951| 8333A1A S Highway A1A S, Beach, Melbourne Beach, $2,200,000 FL 32951| $2,200,000 This beach houseThis hasbeach an endless house has an endless amount of possibilities.

Built as a amount of possibilities.

Built as a duplex, this property has this double of has double of duplex, property everything. As an everything. owner, you As canan rent owner, you can rent out one side whileout living the while other living in the other oneinside or have the wholeorhouse have to theyourself. whole house to yourself.

This set up is alsoThis great setforupmulti is also great for multi generational families.

With thefamilies. beach With the beach generational just steps away, balconies the balconies on the just stepson away, front and back of front the house, andofa the house, and a and back widows walk you won’t miss out onwon’t any miss out on any widows walk you gorgeous Florida views.

ThisFlorida home views. will This home will gorgeous be your permanent (787448) bevacation. your permanent vacation. (787448)

Sarah Munkacsy REALTOR Sarah Munkacsy REALTOR Coldwell Banker Paradise Coldwell Banker Paradise

Samantha Howe REALTORHowe REALTOR Samantha Coldwell Banker Paradise Coldwell Banker Paradise

sarah@sarahmunkacsy.com sarah@sarahmunkacsy.com

samantha@sarahmunkacsy.com samantha@sarahmunkacsy.com

321-890-2382 321-890-2382

321-345-3066 321-345-3066

COLDWELL BANKER PARADISE

BREVARD COUNTY

7797 Highway A1A, Melbourne Beach, FL 32951| $1,999,999 Welcome to this custom built luxurious three story oceanfront home. High ceilings with incredible ocean views from almost every room and every floor. French doors open to the balcony where you can enjoy the sunrise.

Private outdoor living space offering a pool/spa, cabana and a putting green. Oceanfront living at its finest in Melbourne Beach. Soothing sounds of waves crashing on the sandy beach make for pure relaxation. (774074)

Sarah Munkacsy REALTOR Coldwell Banker Paradise

321-890-2382

Sarah.Munkacsy@ColdwellBanker.com

COLDWELL BANKER PARADISE

847 Malibu Lane, Indialantic, Fl, 32903 | $1,700,000 One of the most spectacular Vistas of the Indian River Lagoon is yours.

The home is located at the mouth of a deep water canal and lagoon. This Boater’s dream home provides 206 Feet of Canal Frontage and 110 feet of Indian Riverfront with a Boat Lift and new Seawall. The home has formal sunken Living Room , formal dining room and large family room with wood burning fireplace. The kitchen has cobalt blue tile countertops, stainless steel appliances and River Views.

Resurfaced pool and paver deck.

(785850)

Anthony Scaramouche REALTOR Coldwell Banker Paradise

321-536-2775

anthonyscaramouche@cfl.rr.com

BREVARD COUNTY

COLDWELL BANKER PARADISE

BREVARD COUNTY

7775 S Highway A1A, Melbourne Beach, FL 32951| $1,225,000 This custom beach home is absolutely breathtaking with its stunning views and exquisite European details. The home includes a designer kitchen, Poggen Pohl cabinets and Miele & JennAir appliances. Picture this: making your morning coffee from the built in espresso machine in the kitchen, to then sipping it on your balcony looking over the ocean as the sun rises. It can’t get better than that. (784658)

Robenson Juste REALTOR Coldwell Banker Paradise

Debbie Fitzgerald REALTOR Coldwell Banker Paradise

robenson.juste@cbparadise.com

debbie.fitzgerald@coldwellbanker.com

778-971-2430

778-812-3300

COLDWELL BANKER PARADISE

2799 Wyndham Way, Melbourne, FL, 32940| $999,900 This gorgeous luxury home has it all, with amazing European details and beautiful top level upgrades this home is limitless. Imagine cooling off in the screened in private pool while looking out at the magnificent views of the lake and golf course. You will find perfection in every part of this property. Make this house your getaway.

(782988)

Paul Frommann II REALTOR Coldwell Banker Paradise

Elizabeth Frommann REALTOR Coldwell Banker Paradise

floridaliving@msn.com

floridaliving@msn.com

321-222-9449

321-222-9449

BREVARD COUNTY

COLDWELL BANKER PARADISE

BREVARD COUNTY

5315 S US Highway 1, Grant Valkaria, Fl 32949 | $795,000 Riverfront home in impeccable condition. Live the resort lifestyle with breathtaking river views everyday. Enjoy the pool deck and spa while watching the boats cruise by and dolphins play.

Original owners of this custom built home has been well maintained. Four bedrooms with built in beds, plenty of room for all your guests. (776681)

Susan Maitner REALTOR Coldwell Banker Paradise

772-913-0222

Susan.Maitner@ColdwellBanker.com

COLDWELL BANKER PARADISE

BREVARD COUNTY

509 Harland Avenue, Melbourne Beach, FL, 32951 | $594,900 Location! This historic Melbourne Beach home offers over 3800 Square Feet and a pool. The home features Terra-cotta tile throughout, large living area with fireplace, formal dining, large kitchen, family room, breakfast nook, office, recreation room with pool table and exposed trussed ceilings, and over sized 2-car garage. (786493)

Christopher Wall REALTOR Coldwell Banker Paradise

321-417-1594

chris.wall@cbparadise.com

COLDWELL BANKER PARADISE

708 Nicklaus Dr, Melbourne, FL 32940| $549,000 If you are looking for the perfect home,

708 Nicklaus Dr, Melbourne, FL 32940| $549,000 this is it. This house is move in ready If you looking neighborhood. for the perfect home, in the are “Legends” The this is it. This house is move in ready property includes a gourmet kitchen, in the “Legends” neighborhood. master suite, private screened inThe pool property includes gourmettokitchen, and spa along witha access the master suite, in pool executive golfprivate course.screened Located near and spa along with access to the and restaurants, exceptional schools, executive golftocourse.

Located near a short drive the beach.

Make restaurants, this gorgeousexceptional home yourschools, place of and a short drive to activity, the beach. entertainment, andMake tranquillity. this gorgeous home your place of (785217) entertainment, activity, and tranquillity.

(785217)

Aline Daniels REALTOR Coldwell Banker Paradise Aline Daniels REALTOR 321-427-5117 Coldwell Banker Paradise aline.daniels@gmail.com

321-427-5117

aline.daniels@gmail.com

BREVARD COUNTY

COLDWELL BANKER PARADISE

BREVARD COUNTY

300 Amberjack Place, Melbourne Beach, FL 32951 | $599,900 A Magnificent 2-story pool home centrally located in prestigious Rivers Edge! The home is situated on a corner lot in the heart of the community.

Large kitchen with granite counter tops and large center island, perfect for cooking or baking. Cozy wood-burning fireplace in the spacious family room.

French doors opening to the patio and beautiful pool, perfect place to relax during the Florida summers. River and golf course vistas abound.

Thomas Englert REALTOR Coldwell Banker Paradise

321-631-9344

Thomas.Englert@ColdwellBanker.com

COLDWELL BANKER PARADISE

302 Sanibel Way, Melbourne Beach, FL 32951| $498,900 Stunning pool home located in the gated community of Ocean Ridge. This home has amazing views of the the lake in the back yard and the Indian River sunsets in the front. Inside you will enjoy the updated kitchen, stainless steel appliances, and granite countertops. With a private pool and spa, and ‘A’ rated schools near by this house has it all.(787454)

Elizabeth Dore REALTOR Coldwell Banker Paradise

321-536-0645

erdyoga@bellsouth.net

BREVARD COUNTY

COLDWELL BANKER PARADISE

BREVARD COUNTY

RiverMelbourne Villa Way, Beach, Melbourne Beach,|FL, 32951 | $480,000 3120 River 3120 Villa Way, FL, 32951 $480,000 Waterfront Waterfront townhouse with townhouse with breathtaking views!

Right on the Indian breathtaking views!

Right on the Indian Riverwalk with to just a short walk to the River with just a short the beach; in sought-after beach; in sought-after Beach Woods Beach Woods community in Melbourne Beach. gated communitygated in Melbourne Beach.

Access to all Beach Woods Community Access to all Beach Woods Community Amenities: pool; tennis; racquetball Amenities: pool; tennis; racquetball courts; exercise room; community courts; exercise room; community center; yard maintenance.

Home has center; yard maintenance.

Home has vaulted ceilings withinsky lights letting in vaulted ceilings with sky lights letting light, two car attached garage natural light, two natural car attached garage and motorized hurricane shutters. and motorized hurricane shutters.

(782778)

(782778)

Sarah Munkacsy REALTOR Sarah Munkacsy REALTOR Coldwell Banker Paradise Coldwell Banker Paradise

Munkacsy REALTOR Alan MunkacsyAlan REALTOR Coldwell Banker Paradise Coldwell Banker Paradise

sarah@sarahmunkacsy.com sarah@sarahmunkacsy.com

al@sarahmunkacsy.com al@sarahmunkacsy.com

321-890-2382 321-890-2382

321-704-3735 321-704-3735

COLDWELL BANKER PARADISE

BREVARD COUNTY

Cardinal Drive, Satellite Beach, FL 32937| $479,500 472 Cardinal 472 Drive, Satellite Beach, FL 32937| $479,500 Liveinthe Live the Florida dream thisFlorida deep dream in this deep water canalfree-form home with private free-form water canal home with private pool in desirable pool in desirable Waterway Estates. Waterway Estates.

Your boat will be right at home in the Your boat will be right at home in the covered dock with large sitting area covered dock with large sitting area quick New access to the river. New offering quick accessoffering to the river. french in family room feature french doors in family roomdoors feature water & pool view. Remodeled kitchen water & pool view. Remodeled kitchen and master bath. Plantation shutters, and master bath. Plantation shutters, crown molding & wide baseboards crown molding & wide baseboards throughout.

Enjoy the private courtyard throughout. Enjoy the private courtyard offa master off master perfect for hot tub.perfect for a hot tub.

(778584)

(778584)

Joseph Ferrara REALTOR Joseph Ferrara REALTOR Coldwell BankerColdwell ParadiseBanker Paradise

Teresa Ferrara REALTOR Teresa Ferrara REALTOR Coldwell BankerColdwell ParadiseBanker Paradise

Joe.Ferrara@ColdwellBanker.com Joe.Ferrara@ColdwellBanker.com

Teresa.Ferrara@ColdwellBanker.com Teresa.Ferrara@ColdwellBanker.com

321-258-1361 321-258-1361

321-626-4192 321-626-4192

COLDWELL BANKER PARADISE

BREVARD COUNTY

3203 South Washington Avenue #301, Titusville, FL 32780 | $389,000 Imagine entertaining or relaxing with picturesque sunrises & moon beams at night set across expansive river view.

True Space Coast living! Direct river view across to Kennedy Space Center from the wraparound balcony, master suite, kitchen, living room & dining room! Simply Amazing! Secure under building parking. Gated community & keypad building entry. Elevator opens to atrium. (775990)

Tami Leligua Shriver REALTOR Coldwell Banker Paradise

321-863-2233

Tami.Shriver@ColdwellBanker.com

Brevard Mainland Mid-Year Comparison 2017 to 2016 Appreciation Leads to Increases in Mainland Inventory With double digit increases in current listings, the Brevard County housing Condominium also saw significant listing activity. “With interest rates likely to rise, market continues at a strong pace, reports Coldwell Banker Paradise in their now would be advisable for buyers to jump in,” added Gonzalez. recently released Mid-Year Housing Report.

The leader in full service local real estate, Coldwell Banker Paradise agents Many homeowners, especially at the over $250K price point, have recovered closed over 2,234 transactions in the last year, placing the company as the 350th enough equity to start exploring their options. This has led to an increase of largest broker in the country in units sold, according to the Real Trends 500 survey. sales at this level. The combination of new home buyers, job relocators and Nationally, Coldwell Banker out-produced every other national brand, ranking buyers coming from outside the area has left inventory levels low at only 2.2 #1 for dollar volume. For nearly 15 years, Coldwell Banker Paradise has been months. This tightening of inventory has led to a 15% average price increase honored annually with the Chairman’s Circle from Coldwell Banker national. The overall. “Buyers are quick to realize that they can get more for their money Chairman’s Circle award is the most prestigious designation a Coldwell Banker in Melbourne, West Melbourne and Palm Bay than in other cities,” stated affiliated company can achieve signifying the top six percent of Coldwell Banker Coldwell Banker Paradise Co-Owner and Broker Linda Schlitt Gonzalez. affiliated residential real estate brokerage companies in the world.

SINGLE FAMILY HOMES

Price Point Under $250,000

$250,001 to $500,000

$500,001 to $1,000,000

Over $1,000,000

Total

Price Point

CONDOS

Under $250,000

$250,001 to $500,000

$500,001 to $1,000,000

Total

Year

Homes Sold

Current Listings

Month’s Supply

Average Price

2017

2230

524

1.4

$166,576

2016

2445

566

1.4

$149,662

Change

-8.8%

-7.4%

+1.5%

+11.0%

2017

906

480

3.2

$328,925

2016

708

385

3.3

$323,642

Change

+28.0%

+24.7%

-2.6%

+2.0%

2017

105

152

8.7

$630,634

2016

82

113

8.3

$615,126

Change

+28.0%

+34.5%

+5.0%

+3.0%

2017

14

30

12.9

$1,243,974

2016

6

19

19.0

$1,299,243

Change

+133.3%

+57.9%

-32.3%

-4.0%

2017

3255

1186

2.2

$231,367

2016

3241

1083

2.0

$201,572

Change

+0.4%

+9.5%

+9.0%

+15.0%

Year

Condos Sold

Current Listings

Month’s Supply

Average Price

2017

293

113

2.3

$103,274

2016

288

89

1.9

$92,630

Change

+1.7%

+27.0%

+24.8%

+11.0%

2017

12

7

3.5

$361,458

2016

9

6

4.0

$361,822

Change

+33.3%

+16.7%

-12.5%

0.0%

2017

2

1

3.0

$556,250

2016

2

2

6.0

$581,500

Change

0.0%

-50.0%

-50.0%

-4.0%

2017

307

122

2.4

$116,316

2016

299

97

1.9

$104,002

Change

+2.7%

+25.8%

+22.5%

+12.0%

COLDWELL BANKER PARADISE

1613 Long Pine Road, Melbourne, FL, 32940 | $367,500 Fantastic lakefront pool home with a waterfall in Suntree. Truly a place to relax and enjoy the views from either the living room, family room, master or kitchen. True split plan with 4th bedroom adjacent to master, perfect for an office or nursery location. Island kitchen features beautiful cabinetry, granite and stainless steel appliances.

Lushly landscaped, circular drive and two car garage. Close to dining, shopping and I-95. Just a short drive to the beaches! (783629)

Sandy Legere REALTOR Coldwell Banker Paradise

321-626-0041

sandylegere@gmail.com

BREVARD COUNTY

STUART 2384 NW Federal Hwy, Stuart, FL 34994 772-301-0600 PORT ST. LUCIE 7202 S. US 1 Port St. Lucie, FL 34952 772-878-3200 FT. PIERCE 411 N. US 1 Ft. Pierce, FL 34950 772-461-3250 OCEAN VILLAGE 100 Mainsail Dr. Ft. Pierce, FL 34949 772-489-6100 S. HUTCHINSON ISLAND 221 S. Ocean Drive Ft. Pierce, FL 34949 772-461-1324 N. HUTCHINSON ISLAND 4007 N. Hwy. A1A Ft. Pierce, FL 34949 772-464-7007 VERO BEACH 1950 Hwy. US 1 Vero Beach, FL 32960 772-778-2029 VERO BEACH ISLAND PREVIEWS 4625 Hwy. A1A Vero Beach, FL 32963 772-231-4880 SEBASTIAN 1209 Hwy. US 1 Sebastian, FL 32958 772-589-7777 INDIALANTIC 232 Fifth Avenue Indialantic, FL 32903 321-951-3300 SATELLITE BEACH 1550 Florida A1A Satellite Beach, FL 32937 321-222-9449

Volume 17, Edition 8