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Monday, January 25, 2016

Rockledge, Florida - Condos For Sale - Market Update January 2016

This post highlights the recent sales activity and market offerings of condominiums in the Rockledge, Florida area (zip code 32955).   This zip code includes parts of the Viera planned unit development.

There are about twenty active listings in various condo communities in the 32955 zip code.  This is just a representative sampling as if today.  While there are other condo communities in the Rockledge area this report highlights activity in only four of the complexes (1) Jameson Place (2) The Ventura at Turtle Creek (3) Casa Verde and (4) The Greens at Viera East. 
Jameson Place

Jameson Place is a gated condo community developed by D.R. Horton Builders.  Only about seven or eight years old the complex offers single level condos with attached one car garages.  The units are either on the first or second floor.   Jameson Place is the only complex of these four with garages that are attached to the building.

With a community pool, playground and nearby parks, Jameson Place offers its residents a comfortable lifestyle at very affordable prices.   Nearby conveniences include retail shopping, restaurants, several golf courses, excellent schools and more.  Jameson Place is also located on the Viera limits line so you don't have the additional planned unit development taxes associated with Viera.

Currently there is only one condo unit for sale in Jameson Place.  This standard sale is a ground floor 3/2/1 with 1284 sq.ft listed for $138,900.

There are four units under contract at this time awaiting closing. List prices range from $113,900 to $138,000.  One of these is a short sale; the others standard sales.

Over the previous six months there have been eleven units sold in Jameson Place as reported in the Brevard MLS system.   Selling prices ranged from $95,250  to $135,000.

Since December 1, 2015 there have been two units sold in Jameson Place.   Both of these units were second floor units with three bedrooms two bath one car garage (1,346 sq.ft.) and sold for $130,000 (sold 12/15) and $135,000 (sold 01/16).
Casa Verde
Casa Verde Club condo complex is an older complex constructed in the early to mid-1980s.   As far as I know all of the units are two bedroom and two bath with sq.ft. in the 1,100 foot range.  The complex is located off Fiske Blvd and borders the private Rockledge Country Club.

Condo fees are just under $300 a month and cover the usual things like cable, landscaping, insurance, trash, water/sewer as well as the community pool.  As with all properties verify fees and what is provided as they can change. The complex consists of multiple two story buildings with some offering garden views as well as golf course and pool views.

Currently there are three units for sale in the Casa Verde Club condos.   List prices range from $77,500 to $95,000.  These units are all two bedroom two bathroom units with a covered carport (detached), built between 1980 and 1985 and have between 1,122 and 1,170 sq.ft. under air with porch/balcony.   All are standard sales.  Like most properties the higher price reflects better view (i.e. golf course) location (ground floor) as well as degree of/recency of any remodels/updating. 

Over the past six months there have been five units sold in Casa Verde Club condo complex.  All of these units were standard sales with two bedroom and two baths plus detached covered parking.  Selling prices ranged from $59,000 to $78,000.  Only one unit has sold since December 1, 2015. It was the highest priced sold unit ($78,000).   The November unit sold for $73,000.
Ventura at Turtle Creek
The gated condo community of The Ventura at Turtle Creek located in Rockledge, Florida provides excellent amenities, very attractive prices and a resort lifestyle in a central Florida location close to everything (Orlando International Airport only 40 miles away).  Located near the above discussed Jameson Place, resident are near the same conveniences.

The Ventura at Turtle Creek is located next to Turtle Creek Golf Course with some units having golf course views.

Condo association fees are approximately $360 per month and covers exterior maintenance, insurance, water/sewer, club house/pool and amenities as well as the gated entry.

Currently there are three units for sale in the Ventura at Turtle Creek condos.   List prices are tightly bunched between $129,900 and $139,900.  The highest priced unit is a foreclosure while the others are standard sales.  The lowest priced unit is a two bedroom two bath while the others are three bedroom two bath units.  The two higher priced units have detached carports while the two bedroom unit has a detached one car garage.  If one is looking for a condo in this are with an attached gargae then Jameson Place and Bella Vista should be considered.

Over the previous six months there have been eight units sold as reported in the local MLS system.  Selling prices ranged from $91,010 to $150,000.

Since December 1, 2015 there have been three units sold in The Ventura at Turtle Creek.   All three were fair market three bedroom two bath units.   Selling prices were all close...from $133,900 to $139,900.   A sign of the current Rockledge, Florida condo market - all were on the market 31 days or less!
The Greens at Viera East
The Greens at Viera East is a condo complex in Viera although the mailing address is Rockledge.  I believe most of the units, if not all, were built around 1998. Convenient to shopping, I-95, golf courses and more,  The Greens at Viera East offer community pool, clubhouse, fitness facility, auto detailing area, putting green and more!

With easy access to I-95 and US1, it is about 15 minutes to the beaches and Patrick Air Force Base and 45 minutes to Orlando.

Currently there is only one unit on the market at The Greens at Viera East.   This standard sale two bedroom one bath unit is priced just under $100,000.  There are three units under contract awaiting closing.

Over the past six months there have been seven units sold.  Selling prices ranged from $77,000 to $115,000.  The lowest priced sale was the only foreclosure among these sales. The most common selling price in this complex is the low to mid $90,000s.

There has been only one unit sold in The Greens at Viera East since December 1, 2015.   A standard sale, this two bedroom two bathroom unit with 1,078 sq.ft. under air sold for $95,000 and was on the market for only 24 days.

The Brevard County real estate market, both single family and condominium, has heated up over the past year with inventory levels around 90 days.  The median days on the market is running around 30 days with increasing prices.  

For information on buying or selling a home in Rockledge, Florida, please call or text me at 321-693-3850.

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