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Sunday, May 02, 2010

Heritage Isle - Viera 55+ Community Market Report April 2010

Viera's premier 55+ community remains fairly active as homes seem to be moving as we move toward the warmer weather.

The gated 55+ community of Heritage Isle offers several residential property types that will match any desire, from the Terrace Condos at Heritage Isle to the large manor style homes with over 3,000+ square feet featuring three car garages!

As of May 1st there are 24 active properties listed in Heritage Isle.  These active listings range from a 2 bedroom 2 bath 1 car garage patio style home listed at $137,000 to a large 4 bedroom 3 bath 3 car garage (over 3200 sq ft) listed at $589,500 [rather extravagant and pricey for the neighborhood].

I always get asked so here is my opinion - a comfortable 3 bedroom 2 bath home in Heritage Isle can be purchased for around  $200-240,000.

If you are looking for a short sale in Heritage Isle there is only one property on the market although there are about a half dozen under contract.

With 13 properties under contract (8 contracted within past 5 weeks), properties are beginning to move. Three units closed in April with selling prices ranging form $174,000 to $260,000.  The days on the market ranged from 7 days ( a cash deal) to about 80 days for the longest period.

If a 55+ community in Florida  is on your list, then Heritage Isle definitely is worth a look as well Viera's other 55+ community - Grand Isle!  If you are just starting your research, this is the place to start!

Call me at 321-693-3850 or email me if I can assist you with buying or selling a house or condo in Heritage Isle at Viera Florida!

Gary Waters, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida working with buyers and sellers along Florida's Space Coast!

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