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Sunday, November 01, 2015

Heritage Isle 55+ Community Viera, Florida - Condominiums Market Report November 2015

Heritage Isle is the only one of the three 55+ communities in Viera, Florida which offers an option outside of the single family detached house.   Heritage Isle offers residents a choice of condominium, half duplex/villa style homes and single family detached units.

This report provides an update and market report on condos for sale in the Heritage Isle community.

Here is an overview of the amenities and facilities at Heritage Isle in Viera.

Condos in the Heritage Isle 55+ community in Viera, Florida have seen rising prices over the past year.   Currently there are only two units for sale in the Terraces at Heritage Isle condo community.

Both units are standard sales with prices at $154,900 and $174,900.  While both are second floor units they are in different buildings (three total).   These are similar units in that they, like all condos in Heritage Isle are two bedroom two bath with single covered parking and water/golf course view.  One of these is an end unit Colonade model which is about 200 square feet large (1408 sq.ft.).

Monthly fees for the Terraces at Heritage Isle are about $450 and cover things like common taxes, trash, pest management, lawn/landscaping, exterior maintenance, common taxes and cable.  [Review association documents before purchasing as these amenities and fees are based on a review of  seller disclosures.]  

There are currently another four units under contract awaiting closing with list prices in the $150,000 to $168,500 range.

Recent condo sales at Heritage Isle included the below five units.   The recent average selling price was approximately $118 per square foot.
  • 6858 Toland Drive Unit 101 - $154,900, 1,408 sq.ft. 2 bedroom 2 bath, standard sale 05/07/15
  • 6848 Toland Drive Unit 305 - $138,500, 1,194 sq.ft. 2 bedroom 2 bath, standard sale 06/12/15
  • 6848 Toland Drive Unit 302 - $148,000, 1,232 sq.ft. 2 bedroom 2 bath, standard sale 06/26/15
  • 6838 Toland Drive Unit 308 - $167,000, 1,408 sq.ft. 2 bedroom 2 bath, standard sale 08/14/15
  • 6858 Toland Drive Unit 303 - $153,750, 1,232 sq.ft. 2 bedroom 2 bath, standard sale 10/30/15
For information on condos and homes for sale in Viera's premier 55+ community, Heritage Isle, please call or text me at 321-693-3850.

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