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"AT THE BLUFFS" Newsl
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WHAT'S SELLING AT THE BLUFFS October 2016 VOL 70
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Will adding a pool or hot tub increase my home's value?
This is one I wrestle with a lot since most communities in our area have a community pool available to residents. It can be an asset or a liability; it depends on the buyer. A pool/spa is a luxury item. Along with all the fun and excitement people get from swimming in their own pool, it can be costly to a homeowner. They are a big responsibility and require continual upkeep consuming both time and money. Keep in mind that potential buyers are in various stages of their lives and a large percentage of buyers are only here a few months out of the year. To some, a pool/spa could be a responsibility and financial drain they simply do not want. To others, it may be a requirement to find a home with a pool and/or spa. The most important thing to consider before you commit to this type of home improvement, is how much it will bring to your personal enjoyment. Such improvement is likely to add value and ambiance to your home; however, in some cases it could take a little more time to find the right buyer.
I hope you enjoy receiving my report, there is a monthly email version of this report available, just email me at
[email protected]
to be put on the list. If you have any questions about the sold or listed properties here at the Bluffs or surrounding communities, please don't hesitate to contact us at 561-373-9653.
Tom Waidelich
Jupiter Coastal Properties
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RECENT BLUFFS SALES
Bluffs Ridge-Sold
Address Sale Price Sale Date Dom
124 Sea Steppes 522,000 09/09/2016 105
185 Cape Pointe 450,000 08/31/2016 80
185 Ocean Pines 570,000 08/30/2016 33
191 Cape Pointe 435,000 08/08/2016 28
107 Ocean Pines 460,000 07/19/2016 2
126 Seashore Dr 440,000 07/08/2016 13
316 Ridge Rd 635,000 06/22/2016 2
117 Dunes Edge Rd 450,000 06/15/2016 59
Recent Rentals Rented Price Rented Date
140 Ocean Pines Terr $2,850 07/15/2016
153 Ocean Pines Terr $2,850 07/15/2016
Bluffs River-Sold
Address Sale Price Sale Date Dom
145 Harbourside 460,000 08/24/2016 18
150 Sandbar Dr 447,000 08/12/2016 16
216 E River Park Dr 597,000 07/29/2016 2
219 River Park Dr 455,000 06/06/2016 31
255 E River Park Dr 500,000 05/24/2016 26
168 Harbourside Cir 950,000 05/24/2016 62
326 Leeward Dr 415,000 05/18/2016 101
Recent Rentals Rental Price Rental Date
243 E River Park Dr $2,650 08/15/2016
388 Rivers Edge Rd $2,500 07/29/2016
River North Townhouses-Sold
Address Sale Price Sale Date Dom
2819 28Th Ct 259,000 07/20/2016 2
3065 30Th Ct 260,000 06/30/2016 127
3027 30Th Ct 259,900 06/29/2016 1
3231 32Nd Ct 232,500 05/02/2016 33
Recent Rentals Rented Price Rental Date
3013 28Th Ct $1,700 09/01/2016
3102 24th Ct $1,650 08/23/2016
The Lakes-Sold
Address Sale Price Sale Date DOM
2320 23Rd Ct 219,000 09/30/2016 4
1210 12Th Ct 265,000 08/23/2016 1
1155 11Th Ct 247,000 08/22/2016 38
1612 16Th Ct 228,000 08/14/2016 28
1723 17Th Ct 220,000 06/24/2016 1
2033 20Th Ct 222,000 06/01/2016 11
Recent Rentals Rented Price Rental Date
1136 11Th Ct $1,550 08/01/2016
1205 12Th Ct $1,650 06/01/2016
Bluffs Marina-Sold
Address Sale Price Sale Date DOM
1601 Marina Isle 103 265,000 09/30/2016 80
1501 Marina Isle 305 287,000 09/23/2016 119
901 Seafarer Cir 101 230,000 09/16/2016 119
2601 Marina Isle 104 325,000 08/26/2016 172
2401 Marina Isle 206 300,000 08/11/2016 35
1301 Seafarer Cir 502 390,000 08/02/2016 5
2401 Marina Isle 302 275,000 08/01/2016 27
801 Seafarer Cir 102 255,000 08/01/2016 93
601 Seafarer Cir 302 297,000 07/22/2016 5
1801 Marina Isle 104 260,000 07/15/2016 80
1801 Marina Isle 203 333,000 06/15/2016 32
1901 Marina Isle 404 320,000 06/20/2016 11
1401 Tidal Pointe 105 305,000 06/08/2016 16
2101 Marina Isle 303 333,000 06/03/2016 9
Recent Rentals Rented Price Rental Date
801 Seafarer Cir 304 $1,500 09/07/2016
1201 Seafarer Cir 201 $1,650 09/06/2016
1401 Tidal Pointe 301 $1,700 07/25/2016
Bluffs Ocean South-Sold
Address Sale Price Sale Date DOM
201 S Seas Dr 103 303.000 08/18/2016 43
101 S Seas Dr 503 465,000 07/22/2016 10
501 S Seas Dr 106 295,000 06/27/2016 3
301 S Seas Dr 201 303,000 05/17/2016 2
Recent Rentals Rented Price Rental Date
601 S Seas Dr 106 $2,000 06/04/2016
501 S Seas D
503 $2,100 04/01/2016
Bluffs Ocean North-Sold
Address Sale Price Sale Date DOM
201 Ocean Bluffs Blvd 401 350,000 08/05/2016 91
201 Ocean Bluffs Blvd 104 298,000 07/19/2016 26
201 Ocean Bluffs Blvd 306 385,000 05/13/2016 141
301 Ocean Bluffs Blvd 503 278,000 04/22/2016 131
Recent Rentals Rented Price Rental Date
201 Ocean Bluffs 306 $2,000 12/18/2015
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LEGAL CORNER with ANDREW PINEIRO, Esq.
As a buyer of real estate in Florida, there are several pitfalls that can affect the outcome of your purchase transaction. The top 4 snares that arise in my practice are:
1. Contract execution. It seems so simple, yet, we come across countless disputes regarding when a contract is signed, what needs to be initialed, what happens when the contract is signed but changes are made simultaneously, what happens if a party omits signing a disclosure, and what happens if changes are not initialed by the other party. While these issues may seem minor, they are often the basis for unwinding a transaction.
2. Contingencies. There are several contingencies that can be included in the contract, including financing, inspections, due diligence, attorney review, sale of existing home, etc. Some are straight forward; others are complex with several moving parts. Financing contingencies can have built in closing date extensions if the lender needs additional time. Know when to use a contingency to protect yourself and know your rights when a contingency exists.
3. Deadlines. One of the contract forms frequently used in many Florida real estate transactions is the "As Is" Residential Contract For Sale And Purchase approved by the Florida Association of Realtors and the Florida Bar. This contract contains numerous deadlines pertaining to things like deposits, financing, inspections, title evidence, title defects, and closing. A missed deadline could mean you are waiving certain rights, or worse, it could mean you are in breach of contract.
4. Inspections. The typical As Is Contract allows you to perform an inspection and cancel the contract for any reason within the inspection period. Other contracts contain an intricate procedure for dealing with inspections and repairs that include time lines for inspections and taking curative actions. Failure to follow the terms of your contract with regard to inspection time lines could mean that your inspection rights, curative rights, or rights to cancel the contract are waived.
These are just a few of the complexities that we regularly deal with in our residential real estate practice. When it comes to one of the largest investments a person can make, it is always recommended to have a real estate attorney on your side.
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
Lakefront Home-Sold for $535,000
117 Ridge Rd-Rented for $2,850
120 Ridge Rd
-Rented for $2,650
201 Ocean Bluffs Boulevard 306-Sold for $385,000
201 Bluffs Ocean Way 301-Ocean Views $379,000
Bluffs Ocean South
501 S Seas Dr 406-Top Floor End Unit-PRICED REDUCED
Bluffs Marina
1401 Tidal Pointe Boulevard 203-Back on the Market
1401 Tidal Pointe Boulevard 202-
Marina Views
1401 Tidal Pointe Boulevard 105-SOLD for $305,000
1901 Marina Isle Way 105
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SOLD for $339,000
2601 Marina Isley Way 104-SOLD for $325,000
1601 Marina Isle Way-406
-SOLD for $352,000
1401 Tidal Pointe Way 505
-SOLD FOR $355,000
SEASONAL Rentals
2201 Marina Isle Wy 204-Under Contract
501 S Seas Dr 406-Under Contract
1601 Marina Isle Way 506-NEW-Fantastic Views and Condition
Paseos
127 Via Isabela-SHORT SALE-PRICE REDUCED
Hammock Trace
119 Pennock Trace Dr-SOLD
Abacoa
137 Poinciana Drive-SOLD
PGA
390 Prestwick Cir #3-SOLD
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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.
Neither articles, advertisers nor non-advertisers should not be considered as endorsements of any product, business, service or person.
This is not a solicitation if your property is currently listed with a broker.
Last update 10/12/2016
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