Industry News

Sailfish Point reports $69 million in sales

FOR IMMEDIATE RELEASE:
August 27, 2018

Sailfish Point Real Estate Sales Soar to Nearly $69 Million in Fiscal Year 2017

Treasure Coast’s Premier Oceanfront Community Continues to Thrive

(STUART, Fla.) – Sailfish Point – the 532-acre oceanfront luxury community on Hutchinson Island 45 minutes north of Florida’s Palm Beaches – reports a surge in fiscal year 2017 home sales, solidifying its position as the Treasure Coast’s top waterfront community.

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Almost entirely surrounded by water, the member-owned enclave offers stunning and secluded properties with exclusive waterfront access to the Atlantic Ocean, Indian River and St. Lucie Inlet. The community’s latest fiscal year saw almost $69 million in property sales, an average of $1.53 million per home.

“Sailfish Point continues to flourish as the premier golf and boating community on Florida’s Atlantic Coast,” says Kristen Cheskaty, managing partner of Sailfish Point Realty. “Luxury coastal real estate demand remains high along the Treasure Coast, putting the property in an ideal position with its stunning island location, five-star amenities and exceptional residences.”

Over the past three years, Sailfish Point has generated $245 million in real estate sales with fiscal year 2018 off to a fast start with 13 real estate transactions totaling nearly $17 million.

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Nearby Witham Field airport, one of the top FBOs in the state, recently opened an official U.S. Customs Facility for processing international travelers via water and air, the state’s first intermodal location of its kind. The facility, in addition to the area’s low taxes and practical cost of living, is expected to accommodate the current drive in demand of south Florida’s luxury real estate.

Sailfish Point offers a myriad of move-in ready options, ideal for primary and vacation homes alike. The island features 520 homes, including spacious beachfront estates, low-maintenance condos, villas and townhomes with private boat slips.

Member amenities include a newly-renovated 60,000-square-foot clubhouse with multiple dining options, a fitness center, multiple pools, tennis courts, a full-service spa, five miles of pristine beach and a nationally-ranked Jack Nicklaus Signature Golf Course. Residents enjoy access to a full-service marina and yacht club, offering 77 wet slips and 45 dry slips while accommodating vessels up to 125 feet. Organized events such as casino nights, wine tastings, themed dinners and golf outings keep homeowners social calendars bustling year-round.

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Located on Hutchinson Island, Sailfish Point enjoys easy access to Stuart, Florida, a vibrant seaside town rich with cafes, fine dining, a bustling art scene, upscale boutiques and top-notch health care. For more information, visit www.sailfishpoint.com or 772.225.6200.

About Sailfish Point
A 532-acre private, member-owned community, Sailfish Point is situated on South Florida’s Hutchinson Island. The vibrant, oceanfront neighborhood features 520 distinctive homes, including spacious beachfront properties, intimate condos, golf villas and townhomes with private boat slips. The island is surrounded by three bodies of water – the Atlantic Ocean, Indian River and St. Lucie Inlet.

The luxury community is home to a wealth of five star resort-style amenities, including a nationally-ranked Jack Nicklaus Signature Golf Course with every hole on the 7,088-yard, par-72 course boasting a water view and balmy Gulf Stream breezes.

A 60,000-square-foot oceanfront clubhouse features multiple dining options, a stunning clubhouse pool, fitness center, eight Har-Tru tennis courts and full-service spa. A private deep water Marina and Yacht Club houses 77 wet slips and 45 dry slips for vessels up to 125 feet and residents enjoy access to a private 1.5-mile white sand beach.

More information: www.sailfishpoint.com, 772.225.6200.

CONTACT:
Shane Sharp
ssharp@buffalo.agency
704.519.8381
Jessica Lloyd
jmlloyd@buffalo.agency
703.940.3515

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