Lexington Lakes June 2020 Market Report
For June 2020, there are 4 homes for sale in Lexington Lakes in Stuart FL. The list prices range from $189,900 up to $220,000. This is an average list price of $202,200 or $149.76 per sq. ft. of living area.
There are currently 5 home under contract. List prices were from $195,000 up to $219,000. This works out to an average list price of $208,600 which is $134.61 per sq. ft. of living area. These homes averaged 14 days on the market before going under contract.
In the past 12 months, there have been 17 home sales in Lexington Lakes. Sales prices ranged from a low of $161,500 up to a high of $205,000. This equals an average sales price of $179,488 or $142.53 per sq. ft. of living area. The average time on market was 45 days before going under contract. And, these homes sold for 97% of list price.
About Lexington Lakes in Stuart FL:
Lexington Lakes is a Condominium development of 254 town homes nestled in the heart of Stuart. Located off of Indian Street and just west of US 1, this new development (completed in 2006) boasts of quality Centex 2 and 3 Bedroom homes. They range in size from just under 1100 sq. ft. of living area to almost 1800 sq. ft. for the largest size. Homes feature a one car garage, storm shutters, indoor laundry in the living areas and the upgraded units feature ceramic tile floors, granite counter tops, stainless steel appliances and cherry wood cabinets. All ages are welcome and up tp 2 large pets are permitted.
Lexington Lakes homes are constructed with a 10 year limited structural warranty with Royal Wall Construction, a convenient common sprinkler system, engineered wood trusses, lightly textured stucco finish on all exteriors with decorative trim, long lasting color-through cement roll tile roof, earth-tone paver walkways and driveways, durable metal hurricane panels and Pest Defense System piped throughout selected walls.
Interior features include PROFLEX ceramic tile crack installation and sound reduction system, stylish 18” x 18” ceramic tiles in Foyer, Kitchen, Breakfast and Utility areas, 150 amp service, Cable TV outlets in all living areas and bedrooms, alarm system, digital 5 day programmable thermostats, energy efficient 50 gallon water heater and energy saving R-19 floor and ceiling insulation.
Lexington Lakes features a large community pool, playground and fitness facilities. There’s a secure gated entry with regular security patrols. Conveniently located close to the beaches, shopping, restaurants and an easy commute to I-95, where it’s only 45 minutes to West Palm Beach, and around 2 hours to Fort Lauderdale and Miami to the south and two hours to Orlando to the north.
Financial:
The HOA fees in Lexington Lakes include the insurance and maintenance for the exterior of the buildings. Reducing the individual maintenance and insurance costs for the individual owners. Also covered in these fees are Cable, Common Areas, Lawn Care, Manager, Pool Service, Recreational Facility, Reserve Funds, Roof Maintenance, Security, Sewer, Trash Removal, and Water.
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