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Tuesday, March 14, 2017

Grand Isle in Viera - 55+ Community Viera, Florida - Market Report March 2017

There are three 55+ communities in the planned unit development of Viera - Indian River Colony Club, Grand Isle and Heritage Isle. 

While all of these 55+ communities share some traits in common there are differences between the 55+ communities of Viera.  In my opinion, each of these are 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 March 2017. 
What is for sale in Grand Isle in Viera?

Currently there are five homes for sale in Grand Isle.  List prices in Grand Isle range from $245,000 to $339,900.   Median list price is $274,900.  All of these homes, built in the 2000-2004 period, are standard sales.   

All but the lowest priced listing offer 2,011 to 2,470 sq.ft. under air. There are also four other homes under contract awaiting closing.   The list prices at Grand Isle are consistent with the homes offered at Heritage Isle, Viera's other premier 55+ gated community.

What has recently sold in Grand Isle in Viera?

Over the past six months there have been eight homes sold in Grand Isle.  Sale prices ranged from $249,900 to $330,000.  The median sales price for all of these standard sales was $267,500.

Since February 1, 2017 there have been four homes sold in Grand Isle.  The last two sales (within the past two weeks) included:
  • 1495 Boca Rio Drive - 1,781 sq.ft. 2004 built three bedroom two bathroom two car garage home sold for $270,000.
  • 1605 Boca Rio Drive - 2,032 sq. ft. 2004 built three bedroom two bathroom two car garage home sold for $317,000.
 Here are a few more articles about Viera's 55+ communities...
For information on 55+ communities in Viera, Florida, call or text me at 321-693-3850.

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