Graphic Courtesy Of MapQuest.com
Coral Gardens is a subdivision of some 644 platted properties between US #1
and Willoughby Blvd. in Stuart, Florida.
About 89% of the subdivision is built out, typically with
homes 1,000 - to 1,600 sq.ft. living area of either CBS or frame-stucco
construction - usually with a carport or attached 1-car garage.
Of the existing homes 546, or 88%, are owner-occupied.
Coral Gardens has experienced vigorous real estate activity over the last 4 years:
1999 20 Sales
2000 30 Sales
2001 23 Sales
2002 36 Sales
The average sale price has continually trended upward due to the increase in
first-time home buyers, the declining interest rates and the growing,
service oriented economy that attracts working age people from Palm Beach,
Broward and Dade County.
Public Records indicate that one of the first home sales in Coral Gardens, Lot 175 Plat 1, closed Jun-69 for a sale price of $14,500.
Graphic Courtesy Of MapQuest.com
