Ocean Terrace Condos December 2016 Market Report
There are currently 2 condos for sale in Ocean Terrace. List prices are $259,900 and $300,000 for an average list price of $279,950 which is $233.29.
There is 1 condo currently under contract. The list price was $214,900 or $214.69 per sq. ft. of living area. This condo was on the market for 52 days before going under contract.
2 condos have sold in Ocean Terrace in the past 12 months. These condos sold for $128,000 and $165,409 for an average sales price of $146,705 which equals $146.56. These condos sold for an average of 95% of the last list price and went under contracr in an average of 176 days after being listed.
About the Ocean Terrace Condos in Indian River Plantation
The Ocean Terrace condos of Hutchinson Island in the Indian River Plantation complex of Stuart FL is a direct ocean front building. These units were built in 1981 with units having either ocean views or sweeping golf course and lake views of the Indian River Plantation Golf Course
There are 32 units with both two bedroom two bath condos of 1200 sq. ft. of living area and one bedroom one bath condos of 1001 sq. ft. of living area. Ocean Terrace is a four story elevator building and has the convenience of under building parking for residents. This is a pet friendly building with one large pet permitted for owners.
Current condo and management fees are around $700 per month.
Indian River Planation amenities include a golf course, full service marina, tennis courts, tiki bar and shuttle service around the complex and to the Hutchinson Island Marriott resort facilities.
Click here to view available Ocean Terrace Condos for Sale
The Marriott Resort at Indian River Plantation Features:
Indian River Plantation consists of numerous condominium associations and buildings. All styles from Ocean front to River front and Golf and Tennis villas can be found here. IRP is associated and co-located with the Marriott Resort and Marina.
Tucked away on Hutchinson Island, the Treasure Coast’s 16-mile lush barrier island, is a unique resort that greets guests with the warmth of true Southern hospitality.
The Hutchinson Island Marriott Beach Resort and Marina stretches across 200 acres of plantation landscape on Hutchinson Island, bordered on one side by the Atlantic Ocean and by the shimmering Indian River on the other side.
A newly remodeled lobby with sweeping draperies, plantation-style wood furnishings and tropical tones sets the stage for a magical golf getaway. This is the gateway to an array of championship and executive courses, including Nicklaus, Fazio and Player designs.
Golfers of all skill levels will enjoy the challenging fairways and greens found in the area’s 12 courses. Plantation East, the resort’s own course, meanders throughout the island and is characterized by water on 17 of 18 holes. This 4,042-yard, par-61 executive course requires careful club selection and precision shot-making to overcome constantly changing ocean breezes.
This is the gateway to an array of championship and executive courses, including Nicklaus, Fazio and Player designs.
Golfers of all skill levels will enjoy the challenging fairways and greens found in the area’s 12 courses. The Ocean Club, the resort’s own course, meanders throughout the island and is characterized by water on 17 of 18 holes. This 4,042-yard, par-61 executive course requires careful club selection and precision shot-making to overcome constantly changing ocean breezes.
The Hutchinson Island Marriott offers guests and residents two tiki bars and their Signature Restaurant, the Baha Grille. Thirteen Novagrass tennis courts, miles of unspoiled beaches, water sports, deep sea fishing, and a full-service 77-slip marina anchored on the Indian River round out a perfect vacation of sun and fun.
Resort amenities also include three heated pools with sun decks, game rentals from the Activities Hut, two outdoor spas and supervised activities for both children and teens.
Additional Indian River Plantation Condos you may wish to consider:
Bayview – Beachwalk – Dunes Club – Fairway Villas – Inlet Village – Lakeside – Ocean House – Plantation Club Villas – Plantation House – Resort Villas – River Village – Riverbend – Riverwood – Tennis Villas
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