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Indian River Colony Club in Viera, FL : Market Report October 2015

By
Real Estate Agent with Bucci Realty, Inc. BK3064647

There are three gated 55+ communities in the planned unit development of Viera - Grand Isle, Heritage Isle and Indian River Colony Club.   This market report covers IRCC only however here are links to recent market reports for Grand Isle and Heritage Isle.  

There are currently thirty homes for sale in Indian River Colony Club.   List prices range from $139,000 to $324,000.   While this range seems high there is actually only one property priced above $320,000 and one other above $250,000.

Of the thirty homes listed eighteen are priced below $180,0000.   Most of these homes were built between 1988 and 1993 and have a median size around 1,900 sq.ft. under air.   Most homes are three bedroom two bath two car garage properties.  Size varies from 1,179 to 2,506 square feet under air. 

There is plenty of activity going on in IRCC with nine homes currently under contract.   Since August 1, 2015 there have been six homes sold with selling prices ranging $104,000 to $200,000.  One of these sales was a foreclosure (no surprise it was the lowest priced home).  Average selling price (excluding the foreclosure) was about $175,400.

Homes sold in August and September included:

  • 1384 Pilgrim Ave -  1,616 sq.ft. built in 1989, 2 bedroom 2 bath 2 car garage Bangor model sold for $145,000
  • 1200 Mayflower Ave - 1,880 sq.f.r 2 bedroom 2 bath 2 car garage Bangor model built in 1989 sold for $104,000
  • 1451 Goldrush Ave - a 1,886 sq.ft. 1995 built 3 bedroom 2 bath 2 car garage Phoenix model sold for $200,000
  • 1094 Continental Ave - 1,894 sq.ft. 3 bedroom 2 bath 2 car garage Raleigh model , 1990 built home sold for $192,000
  • 1755 Independence Ave - 1994 built 1,904 sq.ft. 3 bedroom 2 bath 2 car garage Phoenix model sold for $180,000
  • 1520 Independence Ave - 2,480 sq.ft. 1994 built 4 bedroom 2.5 bath 2 car garage Hartford I model home sold for $160,000


For information on buying a home in Heritage Isle, Grand Isle or Indian River Colony Club in Viera, Florida, call me at 321-693-3850 or send me an email.

Posted by

Gary L. Waters, is a Florida licensed real estate broker associate with Bucci Realty, Inc. in Melbourne, Florida.  

 Call or text me directly at 321-693-3850.

 

 

 

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Comments(4)

Rebecca Gaujot, Realtor®
Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

There are some great prices for homes in Viera FL. Excellent market report.

Oct 05, 2015 09:05 AM
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

Hi Gary L. Waters, Broker Owner, Waters Realty of Brevard, LLC ,  When I was in Florida, I remember seeing a lot of 55+ communities.  We don't have many communities around here like that, so they all went to Florida.

Oct 05, 2015 02:13 PM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Gary.  Thanks for the update for the Indian River Colony Club real estate market.  Looks like a very much in demand neighborhood.

Oct 07, 2015 08:51 PM
Captain Wayne - Rowlett Real Estate School
Rowlett Real Estate School - Panama City, FL
Rowlett Real Estate School / Owner and Instructor

 Hi Gary, as always you do a great job on your market reports.  Keep up the good work!

Oct 10, 2015 08:32 AM