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Tuesday, January 04, 2011

At Heritage Isle in Viera Florida – Cash Talks!

Apparently not all buyers are seeking mortgages these days.  During December 2010 there were 637 homes and condos sold in Brevard County, Florida and 342 (53%) were cash deals.

To put the “cash deals” into proper perspective, it should be noted that about 180 of these deals were distressed properties (short sale, foreclosure) which typically sell for less than the regular standard sale. 

In Heritage Isle all four sales (as reported in the Brevard MLS) during December 2010 were standard sales and were cash transactions.  These properties are located at:
  • 3181 CAMBERLY CIRCLE - a 4 bedroom 3 bath 2 car garage with 2470 sq ft under air for $325,000 cash
  • 4000 FUNSTON CIRCLE - a 4 bedroom 3 bath 3 car garage with 2419 sq ft under air for $269,900 cash
  • 7110 RALSTON ST - a 3 bedroom 2 bath 2 car garage half duplex/villa with 1843 sq ft under air for $197,000
  • 3693 CARAMBOLA CIRCLE - a 3 bedroom 2 bath 2 car garage half duplex/villa with 1857 sq ft under air for $175,000.
    As January begins there are 31active listings in Heritage Isle priced from $169,500 to $499,900.  There are also five short sales listed.  Prices are very reasonable with 6 properties listed for less than $190,000 while another 19 are priced below $250,000.

    If a condo is your preference, there are 16 active condos listed  at Heritage Isle priced from $115,000 to $139,900.  These are all 2 bedroom 2 bath units.

    For information on properties for sale in Heritage Isle, give me a call at 321-693-3850 or send me an email.

    Gary L. Waters PLLC, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida serving Florida's Space Coast including the cities and communities of Melbourne, Viera, Rockledge, Suntree, Merritt Island, Cocoa Beach and the surrounding region.

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