Admiralty Condos Palm City FL December 2017 Market Report
As of December 2017, there are 2 condos on the market in the Admiralty Condos. Prices are $635,000 and $895,000 with the average list price being $765,000 which equals $280.15 per sq. ft. of living area.
There are 3 condos currently under contract and awaiting settlement. The list prices ranged from $675,000 to $799,000 for an average list price of $748,000 or $281.58 per sq. ft. of living area. These condos were on the market for an average of 171 days prior to going under contract.
In the past 12 months, 4 Admiralty condos have sold. The sales prices ranged from $520,000 up to $640,000 for an average sales price of $558,750 or $230.93 per sq. ft. of living area. These condos sold for an average of 94% of the most recent list price and were on the market for an average of 181 days prior to going under contract.
About the Admiralty Condos in Palm City Florida:
The Admiralty Condos are situated directly by the beautiful Saint Lucie River are an ocean lover’s haven. Located in desirable Palm City, The Admiralty features large balconies facing the pristine waters of the Saint Lucie River with perfect sunrise views. The varieties of 3 and 4 bedroom floor plans come with amenities such as 2 full car garages and additional storage space.
With safety and security in mind, the community is gated and the luxurious and spacious condo’s come equipped with hurricane windows and doors along with a 22 slip protected marina for the residents use. Enjoy the heated pool, clubhouse, meeting room, and exercise room.
Current Condo association fees in the Admiralty range from the $700 to under $900 dollars per month depending on the unit size. There are five buildings which make up the Admiralty condo complex in Palm City, Florida. Three of which were built in 1989-1990. The two newer buildings were completed in 2005. These condos offer unparalleled luxury and spaciousness for the price. Equivalent condos on the Ocean with these amenities are either non-existent or will cost well over $1 million dollars.
The Admiralty is close to fantastic schools such as Martin County High School, Hidden Oaks Middle School, and Bessey Creek Elementary. There are also plenty of restaurants and entertainment areas in and around this wonderful area!
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