The River Club September 2016 Market Report
As of September 2016 there are two available condos for sale in the River Club. List prices are $145,000 and $175,000 for an average asking price of $160,000 which is $141.05 per sq. ft. of living area.
There are no condos currently under contract.
In the past 12 months, 9 condos have sold in the River Club. Sales prices ranged from $122,000 up to $315,000 for an average sales price of $168,056 which works out to $152.32 per sq. ft. of living area. These condos sold for an average of 96% of the last list price and went under contract in an average of 47 days.
Please contact me if you need an explanation of the reasons for the wide disparity in sales prices in the River Club.
About The River Club of Martin County:
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The River Club of Martin County is a waterfront condo community that was built between the years of 1978 and 1980. There are 15 buildings with 188 total condos all of which are 2 bedroom and 2 bathrooms. These are all two story buildings. There are two different floor plans with 1,220 and 1,072 sq. ft., of living areas. Four of these buildings enjoy beautiful wide waterfront views of the Saint Lucie River. The River Club has a 50 slip marina that is run by a separate dock association. In order to own a slip in the River Club one must be a condo owner. Tenants and owners do have the opportunity to rent slips should they be available for lease.
Great amenities include a clubhouse with game room and kitchen facilities, a community pool, fitness room, shuffleboard courts, workshop, and cable TV and internet access (including wi-fi) included in the condo fees. The condo fees as of May 2016 are $326 a month.
All ages are welcome in the River Club but no pets are allowed. Rentals are allowed with some restrictions as to duration and length of unit ownership. No commercial vehicles or motorcycles are allowed, but pickup trucks with covers are permitted.
The River Club is a great choice for those looking for an affordable condo community with deep water docks and fishing as well as a full complement of amenities.
Search here for any River Club condos for sale
