October 2013 Market Update Admiralty Condos Palm City FL

As of October 2013, there is only 1 condo on the market in the Admiralty Condos.   This condo is listed for $715,000 which equates to $250 per square foot of living area.

There are two condos under contract and awaiting settlement.  The listing prices are $$439,000 and $699,000 which equates to an average of $240.32 per sq. ft. of living area.

In the past 12 months, 5 Admiralty condos have sold.  Sales prices ranged from $405,000 to $675,000 for an average sales price of $220.75 per sq. ft. and a 94% list to sales ratio.  None of the above listings or sales were short sales or foreclosures.

 

 

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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Admiralty Condos Homes for Sale in Palm City Florida

 

 

October 2013 Market Update Admiralty Condos Palm City FL