Portofino Condos at Jensen Beach May 2013 Market Update
As of May 16, 2013 there are only two condos available for sale in Portofino. A 1 BR listed for $69,900 and a 3 BR offered for $120,000. The average cost per square foot is $91.20.
There are 7 condos pending, list prices were $57,900 to $80,000 at an average price per square foot of $73.02.
In the past 12 months, 11 condos have sold, ranging in sales price from $46,000 to $81,000 for an average price per sq. ft. of $62.91.
Portofino condos remain in high demand and sales prices have started to rise.
Portofino Condos at Jensen Beach are one of the newest condominium subdivisions in Martin County. Originally built as an upscale apartment complex around 2000, this development was turned into condominiums and began sales in 2005. Due to the downturn in the housing market, not all units were sold and some are now being offered for lease. Portofino Condos at Jensen Beach May 2013 Market Update features 1, 2 and 3 bedroom units with separate garage parking as an added purchase when available. Unit sizes are 802 sq. ft. for the 1 Bedroom 1 bath, 1074 sq. ft. for the 2 Bedroom 2 bath, and 1252 sq. ft. for the 3 Bedroom 2 bath.
The Condo Owners Association fees range from $190 to $315 per month depending on unit size and for garage owners, there’s an additional $20 per month charge. Fees include the extensive grounds and gated entry as well as the amenities, which include a large community pool, heated whirlpool, state of the art fitness center, indoor racquetball court, tennis court, playground and a private clubhouse with a full kitchen.
All ages are welcome in Portofino Condos at Jensen Beach. Children attend Martin County’s highly rated school system, currently at Jensen Beach elementary school, Stuart middle school and Jensen Beach high school. Portofino Condos is close to the Treasure Coast mall as well as numerous shops and restaurants, medical facilities and only a few minutes to the waterways of Martin County and the beaches of Hutchinson Island. 
For information about sales or rentals of Portofino Condos in Jensen Beach, please call the Gabe Sanders real estate team at 772-323-6996 or contact us here.
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Waterfront and Golf Course Communities in Martin and Saint Lucie Counties
Portofino Condos at Jensen Beach May 2013 Market Update
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