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Monday, February 08, 2016

Heritage Isle in Viera, Florida - Townhomes and Half Duplexes for Sale - Market Update February 2016

Heritage Isle in Viera, Florida offers those age 55+ seeking gated resort style living several choices including condos, townhomes, half duplex units and single family homes.  This market update covers recent sales and offerings of townhome and half duplex units within Heritage Isle.

What are the differences between half duplex units and townhomes in Heritage Isle?

A couple of the significant differences between these style properties are size of the living area as and the garage size.   All of the duplex units have two car garages while all of the patio homes have single car garages.  

Most of the patio style homes are from 1200 to 1500 sq.ft. range.   Size-wise, the  half duplexes rival the single family detached homes with most having more than 1,800 square feet under air.    

What is the price range half duplex units in Heritage Isle?

Currently there is only one half duplex for sale in Heritage Isle.  This particular unit is a foreclosure offered through an online auction company.  (Your real estate agent can assist with the purchase/offer.)  This 2005 built unit is a half duplex with three bedrooms two baths and a  two car garage with  1,835 square feet under air listed at $230,000.   Half duplex units are not as common in the Heritage Isle development as townhomes and single family units.

How many half duplex units have sold recently in Heritage Isle? 

Over the past six months there have been five half duplex units sold in Heritage Isle.   Selling prices ranged from $184,890 to $243,000.  The most recent sales were
  • 7121 Ralston Street - 2006 built Three bedroom two bath two car garage with 1,843 sq.ft. under air sold for $226,500 on 01/05/16.
  • 3702 Carambola Circle - 2006 built three bedroom two bath with 1,875 sq.ft. under air and two car garage sold for $243,000 on 12/18/15. 
How many townhouse homes are for sale in Heritage Isle?

Currently there is also one patio style townhouse for sale at just over $201,000 (these prices have risen a lot over the past few years!).   This two bedroom two bath unit has a one car garage.   

One major difference between the single family homes and townhouses in Heritage Isle is the dues cover roof replacement with patio homes.   There are also another nine units under contract at this time.

Over the past six months there have been fifteen patio style/townhomes sold in Heritage Isle.  Selling prices ranged from $173,300 to $204,900.   All of these units were similar in that they had two bedroom and two baths with a one car garage.  

Interestingly of the ten lowest priced sales, eight were the newest units.   All built in 2015 these units sold for $173,300 to $189,990.   Most of the newer units were a bit more distant from the clubhouse than some of the re-sales which may account for some price differences.

The three most recent townhouse sales included:
  • 5938 Van Ness Drive - 2015 built 2/21 with 1,517 sq.ft. under air sold for $204,900 on 01/22/16.
  • 3050 Le Conte Street - 2007 built 2/2/1 with 1,407 sq.f.t sold for $185,000 on 12/31/15.
  • 2740 Camberly Circe - 2005 built 2/2/1 with 1,353 sq.ft. sold for $185,000 on 12/11/15.
For information on homes for sale in Heritage Isle,  call or text me at 321-693-3850.  If you prefer, send me an email.

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