Real Estate in Martin County

Map of Martin County

The treasure coast of Florida is in Martin County with one city, three towns, and nine unincorporated communities. It stretches 753 square miles with waterways and land that runs west to Lake Okeechobee. The eastern border is the Atlantic Ocean with state parks, preserves, and national habitats. Temperatures are true to the Sunshine State’s reputation with an average temperature between 61°F to 82 °F in the winter and 72°F to 92 °F in the summer.

discovermartin.com

Photo Credit: discovermartin.com

Easy access is available from Interstate 95 and US 1, 98, and 441. There are six county and state roads leading to neighboring areas. It has a Florida’s Turnpike exit for travel to points north and south.

Real estate is priced higher than most statewide listings due to low inventory. Property taxes are based on mill rates. Regardless of preferences, buyers will find a slew of stand-out communities for single and family lifestyles.

Demographics are diverse.

Local attractions offer residents a selection of opportunities to experience area landmarks. A robust arts & culture scene provides theater and museums. Plenty of things to do keep outdoor enthusiasts busy with hunting, fishing, and more.

Housing Market in Martin County

 

Available homes range in value from $200,000 to well over $10 million. This can be attributed to a decreased volume, location, acreage, and square footage. Examples include Dune Drive and Sailfish Point Boulevard in Stuart or Beach Road in Hobe Sound with 10,000 to 20,000 square feet and two acres with ocean views. Interiors boast four to ten bedrooms and up to 12 bathrooms.

While these are the market’s top ten percent, six-month average home prices come in at $300,000 for 4,000 square feet. Single family homes range from floor plans of four to five bedrooms with and average of 3 bedrooms.

 

Market health in August scored an overall 91 due to low 1.31% foreclosure listings. Also, negative equity shows an above average 14%. Increasing home prices are a direct indicator for this result. The positive report continues with only 3% delinquency of owners being behind 90 days or more. Some zip codes including 33455, 34990, and 34996 have scored as high as 93 and 92 respectively. 33469 and 34997 have scores of 90. Some neighborhoods have homeowner associations with fees and restrictions. This translates to owners enjoying a housing market rebound.

Single family dwellings in subdivisions have a bevy of features and amenities with garages, gourmet kitchens, in-ground pools, and foyers. Floors have ceramic tile, Berber or pile cut carpeting or a variety of hardwoods. Cathedral ceiling, wainscoting, and French doors lead to enclosed patios. Central cooling and heating systems complement other energy star appliances. Exteriors are stucco, brick, and siding with metal, shingle, and clay roofs. Some homes have private slips and docks with large backyards. Real Estate options are filled with golfing communities and active adult havens. Selections have something for new and growing families to professionals and retirees.

Here are some of the home designs in Martin County:

  • Ranch
  • Bungalow
  • Multi-Level
  • Estate

Taxes in Martin County

Property location within the county and adjusted mill rates determine taxes. Agents and brokers have this information for listings, while interested buyers can reach out by phone or the website. Below is a brief overview of Martin County taxes.

  • Taxes: The tax period begins on January 1st until December 31st. It is paid for the previous year. This is also known as an Ad Valorem Real Estate Tax. Millage rates change annually as determined by several government entities including County and City Commissions, and School Board.
  • Discounts: Statements are available after November 1st. Homeowners receive discounts based on a staggered payment schedule. They range from 4% for payment within 30 days to 1% for payments made in February.
  • Delinquent Taxes: The tax commissioner assesses an advertising fee and 3% interest for all unpaid taxes after April 1st.
  • Payment Plans: Partial payments are now allowed for a $10 fee, but no discounts are applied and require a special affidavit. Installment plans are available for taxes greater than $100. Discounts apply with application deadlines of May 1st.

Schools in Martin County

Outstanding schools are complemented by seven library branches in the county system. School board members and a superintendent are elected officials. There are six members presiding over meetings each third Tuesday with a 4:00 pm start time. A listing of the type and some schools follows.

  • Pre-K: 6
  • Elementary: 12
  • Middle School: 5
  • High School: 3
  • Charter: 2

Private Schools in Martin County

COMMUNITY CHRISTIAN ACADEMY
777 SE Salerno Rd, Stuart, FL 34997
(772) 288-7227

FIRST BAPTIST CHRISTIAN SCHOOL
201 SW Ocean Blvd, Stuart, FL 34994
(772) 287-5161

HOBE SOUND CHRISTIAN ACADEMY
Po Box 1065, Hobe Sound, FL 33475
(772) 545-1455

OCEAN MONTESSORI
525 SW Camden Ave, Stuart, FL 34994
(772) 781-8077

REDEEMER LUTHERAN SCHOOL
2450 SE Ocean Blvd, Stuart, FL 34996
(772) 286-0932

SAMARITAN HOUSE FOR BOYS
1490 SE Cove Rd, Stuart, FL 34997
(772) 287-4123

ST JOSEPH CATHOLIC SCHOOL
1200 SE 10th St, Stuart, FL 34996
(772) 287-6975

THE PINE SCHOOL
12350 SE Federal Hwy, Hobe Sound, FL 33455
1300 SE 10th St, Stuart, FL 34996
(772) 675-7005

There are local attractions and arts & craft opportunities for residents to enjoy year round. They cater to a broad spectrum of energetic lifestyles. Some are historical in nature, while others are natural wonders. An annual fair is held in February with a chance for neighbors to meet and greet.

Savannas Preserve State Park

Local Attractions in Martin County

  • Savannas Preserve State Park
  • St. Lucie Inlet Preserve State Park
  • House of Refuge: Gilbert Bar on Hutchinson Island
  • Mount Elizabeth Archeological Site: Jensen Beach
  • Trapper Nelson Zoo Historic District: Hobe Sound

Lyric Theater

Arts & Culture

  • Lyric Theater: This performing arts venue has a plethora of entertainment and educational events regularly. This is one of the oldest Mission-Spanish Revival structures in the area with an erection date of 1926. Live shows have local, national, and international names such as Lily Tomlin and Itzhak Perlman gracing stages. Musical productions feature The Mystical Arts of Tibet or BEEHIVE the 60’s Musical.
  • Elliott Museum: Located on beautiful Ocean Boulevard, exhibits showcase maritime, art, local history, motorcycles, airplanes, and more. This museum has the most commercial Ford Model A and AA vehicles. Sterling Elliott was the muse with his inventions highlighted throughout. Robotic innovation moves more than 50 cars on demand to a central turntable display.

Properties in this area are more than a long-term investment with the ROI delivered in natural amenities, schools, and local attractions. Residents stay for these reasons and for community comradery that makes this a desirable place to call home. Martin County plays a facilitating role by offering tax payment options and well-maintained county amenities.