Portofino Condos at Jensen Beach July 2015 Market Update
As of July 2015 there is only one condo available for sale in Portofino. It is a 2 BR condo listed for $101,500 or $95.31 per sq. ft. of living area.
There are no condos pending at this time.
In the past 12 months, 10 condos have sold, ranging in sales price from $54,600 to $90,169 for an average sales price of $68,286 which equals a price per sq. ft. of $73.77. The average days on market was 25 days and the average list to sales price ratio was an incredible 119%
Portofino condos remain in high demand and sales prices continue to rise. Many of the units continue to be controlled by the former developer who has not released them for sale and continues to run a rental program.
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 July 2015 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.
Portofino Condos at Jensen Beach
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.
Portofino Condos at Jensen Beach
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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