Market Report 
Record Prices continue for the Bluffs Communities

Recently at the Bluffs Ridge a newly remodeled pool home just sold for $1,530,000 on Seashore Dr. This made the fifth sale over one million dollars at the Bluffs Ridge this year. At the Bluffs River an intracostal home just sold for a record $4,325,000. The River also has had three non-intracoastal million-dollar homes sold this year, the highest sale was $1,065,000 on River Edge Rd. At the Bluffs Ocean South I just sold a top floor unit for $801,000 in building 601 for a new record. Ocean North highest sale to date is $759,000 and at the Bluffs Marina the highest sale to date was $635,00. The townhome prices have been climbing as well with the River North highest sale at $495,000 and the Bluffs Lakes at $467,777.

A staggering 85% of the purchases for Bluffs properties this year have been cash transactions. There still seems to be a pent-up demand for Bluffs properties right now but with higher interest rates (6% for a 30-year fixed) and the stock market decline, we will have to wait and see how this will affect our market in the near future.

Bluffs Inventory
Ridge-One home for sale out of 618.
River-One home for sale out of 363.
River North-Zero townhomes for sale out of 312.
Lakes- Zero townhomes for sale out of 392.
Marina-Two condominiums for sale out of 660 units.
Ocean South- Zero condominiums for sale out of 198 units.
Ocean North- One condominium for sale out of 120 units.

For the most current information on "Active Listings", click on the purple links below or go to our website at Jupiter Coastal Properties and on the home page search under Quick Search. These links are updated 24/7 to provide you with the latest information. 

Regards from Paradise!

Tom Waidelich
Jupiter Coastal Properties 
Thomas Waidelich
Direct: 561-373-9653



Tom Sells the Bluffs!
Bluffs Resident for over 18 Years

Call or Email Tom for your free Property Valuation Report!
Bluffs Ridge-Sold
Address           Sale Price  Sale Date  Dom
176 Seashore Dr...1,530,000...06/15/22...1
192 Ridge Rd..........905,000....05/20/22...6
174 Ridge Rd..........880,000.....05/17/22..1
152 Cape Point.......1,167,000..05/10/22...4
185 Ocean Pines ...1,260,000..04/28/22...4
104 Ridge Rd..........1,210,000..04/18/22.111
123 Beach Summit..1,065,000..02/24/22...2
Bluffs River-Sold
Address          Sale Price_Sale Date_Dom
101 Landward.......962,500....06/13/22...3
176 Harbourside..4,325,000..06/01/22...25
400 River Edge...1,065,000...04/19/22...21
241 River Park....1,000,000...04/18/22....6
239 E River Park...855,000...03/28/22....13
207 E River Park...830,000...03/16/22.....1
202 E River Park...900,000...03/14/22.....4
310 Leeward ........695,000...03/03/22.....1
River North Townhouses-Sold
Address     _Sale Price  Sale Date  Dom
2403 24Th Ct....495,000.....06/10/22.....7
2731 27Th Ct....416,000.....04/29/22.....3
3225 32nd Ct....461,000.....04/28/22.....7
The Lakes-Sold
Address         Sale Price   Sale Date  DOM
1511 15th Ct.... 430,000.... 06/01/22.... 1
1205 12Th Ct....445,000....05/02/22......2
1101 11Th Ct.....467,777....03/11/22......4
2330 23Th Ct....461,222....03/10/22......4
Bluffs Marina-Sold
Address           Sale Price Sale Date  Dom
701 Seafarer 101.......565,000...06/10/22.12
1101 Seafarer 202.....545,000...06/07/22..37
1601 Seafarer 202.....595,000...04/29/22..2
2001 Marina Isle.403..610,000...04/08/22..5
2001 Marina Isle 404..530,000...03/24/22.18
701 Seafarer 105........577,000...02/25/22..7
601 Seafarer 106........500,000...02/18/22.119
1201 Seafare 102........499,900..02/18/2...58
1401 Tidal Pointe 403..635,000..02/01/22..31
Bluffs Ocean South-Sold
Address         Sale Price  Sale Date DOM
601 S Seas 502..801,000...06/01/22.....4
101 S Seas103...649,000...04/12/22.....9
701 S Seas 401..603,500...03/28/22.....1
101 S Seas 302..755,000...03/28/22.....7
401 S Seas 302..780,000...03/21/22....13
Bluffs Ocean North-Sold
Address             Sale Price  Sale Date DOM
301 Ocean Bluffs 506 .675,,000..03/25/22. .3
201 Ocean Bluffs 403 .759,000...03/22/22. .1
301 Ocean Bluffs 205 .585,000 ..02/28/22 ..5
Tom's Featured Listings

113 Dunes Edge Rd
241 River Park Dr
Sold $1,000,000
Under Contract
601 Seafarer Cir Unit 505
1101 Marina Isle Way 303
Under Contract
601 S Seas Dr 502
Sold for Record Price $801,000
Bluffs Ocean South
601 S Seas Dr 106
Annual Rental

Bluffs Marina
601 Seafarer Cir 303
Annual Rental

Palm Beach Mortgage Group
Richard Whalen-Mortgage Broker NMLS #318922
Direct: (561) 371-3394
5589 Okeechobee Blvd. West Palm Beach FL 33417


Five Interesting Things about Foreclosures in Florida:
  1. Service of Process. If the bank cannot locate the borrower to personally serve the borrower with the Complaint (the document that commences the foreclosure case upon filing at the courthouse), the bank can use an alternative to personal service known as “publication.” Publication is a process whereby notice of the commencement of the foreclosure is published in a local newspaper to give notice to the borrower or other potential defendants named in the law suit. Before a bank can resort to the publication process, it must perform a diligent search for the borrower and make all efforts to obtain service of process personally. Once all efforts have been exhausted, the bank can use the publication process to get service on the borrower or other defendants who cannot be found. This process can significantly delay the foreclosure process.
  2. Defenses. Once a borrower is served with process, the borrower must (typically) respond to the Complaint within 20 days. Responses to the Complaint can be in the form of a motion to dismiss (which attacks the allegations in the complaint as being procedurally or substantively defective), or, an answer and affirmative defenses. Affirmative defenses are written defenses that attempt to avoid the claims being made by in the Complaint. As an example, if the bank is seeking to foreclose, a common defense is that the bank failed to comply with a condition precedent to filing the complaint. Often times, mortgages or other loan documents have specific requirements that banks must follow before a foreclosure action can be filed. If those conditions are not performed, the borrower can potentially defeat the foreclosure action by lodging this defense.
  3. Rents. If the property being foreclosed on is rented, the bank may have the right to “sequester the rents” while the foreclosure action is pending. For the bank to have this right, an “assignment of rents” would have been granted by the borrower to the bank when the loan documents were signed. Sometimes an assignment of rents is included in the terms of a mortgage (not a separate document). The assignment of rents is additional collateral granted to the bank to make the bank more “secure” when underwriting the loan. Rent sequestrations are controlled by Florida Statutes s. 697.07.
  4. Receivers. During the foreclosure action, lenders have options to try to preserve the value of the underlying collateral and to minimize further losses. One of those options is the appointment of a receiver. A receiver is generally appointed to conserve and maintain the status quo of property during the foreclosure process. 
  5. Right of redemption. In Florida, the “Right of redemption” is the ability of a mortgage holder (or other interested party) to stop a foreclosure sale by all paying amounts due under the note, including attorneys’ fees and costs that have been incurred. The redemption payment is made to the clerk of court and it must be made before the later of the filing of a certificate of sale by the clerk or the time specified in the final judgment for foreclosure. The redemption process is controlled by Florida Statutes s. 45.0315.

Andrew Pineiro, Esq., Pineiro Byrd PLLC, 4600 Military Trail, Suite 212, Jupiter,
Jupiter Coastal Properties

Real Estate 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.  

Sales Last Updated 6/22/2022 Vol 112
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