"AT THE BLUFFS" Newsl
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WHAT'S SELLING AT THE BLUFFS December 2017 VOL 77
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HERE ARE YOUR THIRD QUARTER
SALES RESULTS FOR 2017
Happy Holidays! Based on the sales data below
our "Bluffs" market is still thriving. Single-Family Homes and Townhouse overall prices are increasing, and our condo market is holding steady.
The Ridge at the Bluffs had 27 homes sold Year to Date (YTD) compared to 18 homes sold in the first three quarters of 2016. Sales prices ranged from $400,000 to $677,500 in 2017.
The River had 17 homes sold YTD compared to 12 homes sold in the first three quarters half of 2016. Sales prices ranged from $397,000 to $570,000 in 2017 and no properties sold on the Intracoastal the first half of this year compared to 2 selling last year for $950,000 & $975,000.
The River North had 14 townhomes sold YTD compared to 15 townhomes sold in the first three quarters of 2016. Sales prices ranged from $220,000 to $290,000 in 2017.
The Lakes at the Bluffs had 15 townhomes sold YTD compared to 14 townhomes sold in the first three quarters of 2016. Sales prices ranged from $213,000 to $276,000 in 2017.
The Marina at the Bluffs had 34 condos sold YTD compared to 35 condos sold in the first three quarters of 2016. Sales prices ranged from $225,000 to $372,500 in 2017.
The Ocean South had 10 condos sold YTD compared to 6 condos sold in the first three quarters of 2016. Sales prices ranged from $290,000 to $465,000 in 2017.
The Ocean North had 4 condo sold YTD compared to 5 condos sold in the first three quarters of 2016. Sales prices ranged from $319,000 to $470,000 in 2017.
Regards from Paradise!
Tom Waidelich
Jupiter Coastal Properties
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RECENT BLUFFS SALES
Bluffs Ridge-Sold
Address Sale Price Sale Date Dom
123 Sea Steppes Ct 585,000 12/04/2017 103
106 Sand Pine Dr 430,000 11/20/2017 5
121 Seashore Dr 640,000 11/09/2017 56
133 Dunes Edge Rd 677,500 11/08/2017 1
137 Dunes Edge Rd 532,000 11/07/2017 7
134 Beach Summit 565,000 10/11/2017 85
187 Ocean Pines 583,000 09/25/2017 57
125 Sand Pine 480,000 09/22/2017 1
149 Ocean Pines 570,000 09/16/2017 7
Recent Rentals Rented Price Rented Date
130 Dunes Edge Rd $2,800 09/01/2017
236 Ridge Rd $2,800 08/20/2017
Bluffs River-Sold
Address Sale Price Sale Date Dom
115 Landward Dr 535,000 11/22/2017 4
245 River Park Dr 527,500 09/27/2017 3
127 Harbourside Cir 529,000 09/25/2017 70
210 Charles Ct 425,000 08/15/2017 77
213 St Charles Ct 457,500 07/25/2017 85
150 Sandbar Dr 550,000 06/16/2017 85
Recent Rentals Rental Price Rental Date
316 River Edge Rd $2,800 11/15/2017
112 Inner Harbour $3,200 08/20/2017
River North Townhouses-Sold
Address Sale Price Sale Date Dom
3008 30Th Ct 290,000 10/06/2017 186
3204 32nd Ct 255,000 10/01/2017 1
2729 27Th Ct 288,000 08/31/2017 30
3225 32nd Ct 239,000 09/08/2017 9
2722 27Th Ct 234,900 07/31/2017 2
Recent Rentals Rented Price Rental Date
2030 20Th Ct $1,550 11/08/2017
2733 27th Ct $1,600 11/01/2017
The Lakes-Sold
Address Sale Price Sale Date DOM
1208 12Th Ct 252,500 08/23/2017 13
1144 11TH Ct 229,000 08/23/2017 56
1623 16Th Ct 270,000 08/23/2017 14
1306 13Th Ct 247,500 08/22/2017 86
2309 23Rd Ct 238,000 07/14/2017 52
2324 23Rd Ct 257,500 06/21/2017 24
Recent Rentals Rented Price Rental Date
1224 12Th Ct $1,650 10/15/2017
2312 23rd Ct $1,600 09/09/2017
Bluffs Marina-Sold
Address Sale Price Sale Date DOM
701 Seafarer Cir 306 250,000 11/13/2017 4
901 Seafarer Cir 103 289,000 11/06/2017 7
1001 Seafarer Cir 201 325,000 09/29/2017 4
1601 Marina Isle 205 300,500 09/26/2017 100
501 Seafarer Cir 405 372,500 09/07/2017 231
1501 Marina Isle 403 275,000 08/29/2017 36
2501 Bluffs Marina 401 297,500 08/15/2017 141
1201 Seafarer Cir 203 315,000 08/11/2017 57
1701 Marina Isle 204 343,000 08/10/2017 32
1301 Seafarer Cir 203 295,000 07/25/2017 33
Recent Rentals Rented Price Rental Date
1601 Marina Isle Way $1,875 10/12/2017
601 Seafarer Cir 304 $1,700 09/15/2017
Address Sale Price Sale Date DOM
401 S Seas Dr 304 440,000 11/01/2017 27
601 S Seas Dr 104 385,000 10/17/2017 163
501 S Seas Dr 105 300,000 06/19/2017 101
Recent Rentals Rented Price Rental Date
701 S Seas Dr 206 $1,800 06/19/2017
601 S Seas Dr 104 $2,800 06/09/2017
Bluffs Ocean North-Sold
Address Sale Price Sale Date DOM
301 Ocean Bluffs Blvd 502 470,000 09/21/2017 25
201 Ocean Bluffs Blvd 301 320,000 09/15/2017 462
Recent Rentals Rented Price Rental Date
101 Ocean Bluffs 201 $1,975 06/15/2017
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LEGAL CORNER with ANDREW PINEIRO, Esq.
Q:
Should I add my adult child to my deed to avoid probate in the event of my death?
A:
People often include the names of their children on the deed to their home in an attempt to have the home pass on to their children without complication upon death. While this may sound like a good idea, the consequences of this "poor man's will" could be disastrous.
Putting an adult child's name on your deed as a "joint tenant with right of survivorship" means that during your lifetime, the child becomes a co-owner of the property. And unless there is language to the contrary, the child presumptively becomes a 50% owner of the property. As a co-owner, the child now has all the rights and responsibilities that come with ownership of the property, including the right to encumber the property and sell his or her half to a third party! If you want to remove your child from title during your lifetime and the child refuses to cooperate, you will have to seek redress from the courts in an action for partition. Partition is an expensive and sometimes complex legal proceeding that could force the sale of the property.
To avoid these potential snares, a deed in the form of a "life estate" can be prepared. The life estate deed allows the owner to control the property and remain in possession until death, and upon death the property will automatically transfer to the "remainderman," which is a technical term for the child (or any other person) that you want title to pass to upon death.
There are other methods of passing title to avoid probate like living trusts, and an estate planning lawyer should be consulted.
For any of these instruments to work properly, they must be drafted carefully and precisely. Everyone has a different situation and a different family dynamic so it is imperative that you consult a real estate attorney and/or an estate planning attorney for advice if you are considering taking any action to avoid probate.
Andrew A. Pineiro, Esq. * Pineiro Byrd PLLC
4600 Military Trail, #212 * Jupiter, FL 33458 * 561.799.9280
Andrew A. Pineiro is a real estate and business litigation lawyer, licensed in the state of Florida since 1997. Based out of Jupiter, Pineiro Byrd PLLC has handled thousands of real estate transactions throughout Florida.
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Jupiter Coastal Properties
Bluffs Marina
1401 Tidal Pointe Blvd 106
-End Unit
1201 Seafarer Cir 203-SOLD
801 Seafarer Cir 403-UNDER CONTRACT
801 Seafarer Cir-503-SOLD
1801 Marina Isle Way
-106-INTRACOASTAL VIEWS
Bluffs Ridge
109 Beach Summit Ct-
UNDER CONTRACT
170 Ridge Rd-SOLD
Bluffs Ocean South
501 South Seas-406-Top Floor-End Unit-Under Contract
Bluffs River
102 Inner Harbour Way-UNDER CONTRACT
2802 28Th Ct-SOLD
Rental
1201 Seafarer Cir 201-End Unit-Annual Lease $1,675 per month.
2201-Marina Isle Way 204-Seasonal Lease-$3,350 per month.
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THE BLUFFS MARINA
Dockominiums for Sale or Lease
Dockage for Vessels up to 130'
Call 561-627-6688 for more information and pricing.
www.thebluffsmarina.com/
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JUPITER COASTAL PROPERTIE
S
Available Services
Sales and Rentals
All information and Data is compiled from MLS records and is deemed to be reliable but not guaranteed. Sold information does not include private sales transactions.
News artical provided by prospect pro. Neither articles, advertisers nor non-advertisers should not be considered as endorsements of any product, business, service or person.
Last update 12/05/2017
This is not a solicitation if your property is currently listed with a broker.
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