I am not sure why - can't be the prices - the condos at Heritage Isle, Viera, Florida's premier 55+ community, seem to be taking forever to sell!
Presently there are fourteen condos listed for sale. Of these, there are three short sales. [If you are looking for a rental in Heritage Isle there are about six rental condos on the market priced from about $1,000 to $1,800 a month.]
Listing prices for the condos in Heritage Isle range from $99,950 to $139,900. With seven of the active listings at Heritage Isle priced at or below $120,000, it is obvious the prices are going to stay down for a while. [Is it coincidental the condo under contract was also listed at $120,000.]
All the condo units in Heritage Isle condos are two bedroom with two baths and a detached covered carport. The difference is square footage which varies from 1,194 to 1,408 square feet.
Although the prices are attractive, some of the buyer prospects I have spoken to recently have been a bit leery of the $450 monthly association fee. The fee does cover insurance, exterior maintenance, the guarded entry, 21,000 sq.ft. club house, pool, tennis courts and much more! [Association fees for the single family homes and patio style homes runs about $300 a month.]
For information on homes and condos for sale in Heritage Isle (or Grand Isle – Viera’s other Lennar built 55+ community – call me directly at 321-693-3850 or email me.