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Sunday, October 23, 2016

Grand Isle in Viera, Florida - 55+ Gated Community - Market Update October 2016

There are three 55+ communities in the planned unit development of Viera (Melbourne), Florida
While all three are gated and offer some of the same amenities, each is still different and has their own personality.   The differences in some cases are subtle, but they do exist. 

Still, if one is looking for a Florida 55+ community, one is probably just right for anyone looking at Florida retirement communities.

This post provides a market report for the gated Grand Isle community for October 2016.

What is currently for sale in Grand Isle?

Currently there are five properties for sale in Grand Isle.   Listing prices range from $264,500 to $339,000.   Average list price in Grand Isle is about $290,000.   

Average home size about 2,100 sq.ft. under air (3 bedroom 2 bath 2 car garage).  These homes were all built between 2002 and 2004.  All of the homes for sale are standard sales.  There is also one home under contract awaiting closing.

What has recently sold in Grand Isle?

Over the past six months there have been seven properties sold in Grand Isle.   Since August 1, 2016 there have been three homes sold in Grand Isle.  

Homes recently sold in Grand Isle include:
  • 1564 Boca Rio Drive - 2004 built, 3 bedroom 2 bath 2 car garage with 2,011 sq.ft. sold for $287,000.
  • 1557 Grand Isle Blvd -  2004 built 4 bedroom 3 bath 3 car garage with 2,271 sq.ft. sold for $330,000.
  • 1710 Lago Mar Drive -  2003 built 3 bedroom 2 bath 2 car garage pool home with 2,034 sq.ft. sold for $270,000.
For information on homes for sale in Grand Isle as well as Heritage Isle in Viera call or text me at 321-693-3850.

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