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Sunday, September 08, 2013

The Terraces at Heritage Isle - Condos for Sale at Viera, Florida 55+ Community (Market Report September 2013)

Currently there are seven condo units for sale in The Terraces at Heritage Isle located within Viera, Florida's premier 55+ community.

All of these units are 2 bedroom 2 bath condos with a detached single carport.  Of these seven listings four are standard sales and three are foreclosures.  Square foot under air ranges from 1,192 square feet to the largest unit at 1,408 sq.ft.

List prices for the active units range from $117,900 to $139,900 with an average list price of $127,600.

The three foreclosure listings are priced from $119,900 to $134,900.  Standard sale listings range in price from $117,900 to $139,900.

While the condo prices appear very attractive potential purchasers should keep in mind the association fees are about $450 per month.

If you have never considered a condo purchase before, make sure you understand the difference between a condo, a town house and a single family home.  These significant differences can explain the monthly association fee differences.

For information on homes and condos for sale in Viera's Heritage Isle 55+ community, please contact me at 321-693-3850 or email me.


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