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Monday, May 08, 2017

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

There are three gated 55+ communities in Viera, Florida.  This short post provides a market report for the Grand Isle development which is located in central Brevard County along the Space Coast about 45 miles from Orlando.  

While Grand Isle is not the largest of the three 55+ communities in Viera (about 340 homes) it is one of the most popular!  Unlike Heritage Isle in Viera, Grand Isle only consists of single family detached homes. (Heritage Isle has patio homes and condos n addition to single family homes.)

Homes in Grand Isle were all built in the early 2000s by Lennar Builders (approximately 2000-2005). Grand Isle residents enjoy a private club house, pool, tennis courts, fitness center and much more.  Oh, and the best thing, no outside maintenance!

The below market report represents listings and sales as reported in the Brevard multiple listing service as of today, May 8, 2017.

What is for sale at Grand Isle in Viera?

Grand Isle usually does not have a lot of choices when it comes to homes for sale.  And right now is no different.
Currently there are five homes for sale in Grand Isle.   List prices range from $259,900 to $364,900.  All of the sales are standard (fair market) sales.

All of these homes were built in 2003 and 2004 and offer from just over 2,000 sq.ft. under air to almost 2,500 sq.ft.  The two highest priced homes (both over $300,000 have private in ground screened pools.

Of course, a pool is not a necessity with the club facilities offered to residents!  These homes have been on the market from 22 to 88 days.

What has recently sold in Grand Isle?

Over the past six months there have been ten homes sold in Grand Isle.  Selling prices ranged from $249,900 to $319,000.  Since April 1, 2017 there have been three homes sold in Grand Isle.   These sales included:
  • 1652 Keys Gate Drive - 3 bedroom 2 2bath 2 car garage, 2000 built home with 1,570 sq.ft. sold for $265,000
  • 1454 Timucuan Drive - 3 bedroom 2 bath 2 car garage, 2000 built home with 2,032 sq.ft. sold for $290,000
  • 1616 Grand Isle Blvd - 4 bedroom 3 bath 2 car garages 2004 built home with 2,470 sq.ft. sold for $319,000.
If you are interested in a 55+ community in Florida, Grand Isle (and Heritage Isle) both deserve your consideration.   Let me show you what Viera offers those seeking gated 55+ living! 

Also, ask me about the Indian River Colony Club - a different style of 55+ community where 100% of maintenance is provided for owners!

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