Indian River Drive Real Estate May 2018 Market Report
There are 25 homes and condos available to purchase off of Indian River Drive for May 2018. These properties are listed for prices from $95,000 up to $2,600,000 for an average list price of $740,660 which works out to $259.32 per sq. ft. of living area.
There are 7 homes under contract. These homes were listed for a minimum of $34,900 up to $449,900 which averages to $271,600 or $162.12 per sq. ft. of living area. These homes were on the market for an average of 153 days before going under contract.
In the past 12 months, 27 homes have sold. Sale prices ranged from a low of $59,900 up to $850,000 for an average sales price of $395,533 which equals $183.71 per sq. ft. of living area. These homes averaged 128 days on market before going under contract and sold for an average of 94% of list price.
About Indian River Drive:
Discover the last vestiges of old Florida charm and the best values for wide waterfront homes and estate sized land in South Florida today! Twelve miles of paradise on a two-lane country road along the Treasure Coast between the Island Life Of Jensen Beach and the Historic Town of Ft. Pierce. Most of the homes on Indian River Drive will have the wide views of the Intracoastal (Indian River) on the east side and the unspoiled beauty of the Savannahs Preserve State Park on the west side.
The blue waters of the Atlantic Ocean are just minutes away. The famous Hutchinson Island is viewed by all residents along this designated Florida Scenic Route.
The early settlers of the Treasure Coast recognized the Tropical Beauty of this bit of paradise. Long used as a transportation route for the pineapple plantation owners to ship their product to various ports-of-call. The Intracoastal has easy access to the Atlantic Ocean and is a safe haven for boaters. World-class marine life is right at your doorstep and the fishing is some of the best in the world.
The high elevation along the drive adds drama and beauty to most homes along this scenic stretch of two-lane road.