Ocean Terrace Condos May 2022 Market Report

Ocean Terrace Condos May 2022 Market Report

For May 2022, there aren’t any condos available for sale in the Ocean Terrace building in Indian River Plantation on Hutchinson Island in Stuart FL

There are 2 Ocean Terrace condos currently under contract. The list prices were $689,000 and $950,000. This is an average list price of $819,500 or $682.92 per sq. ft. of living area. These condos averaged 16 days on the market before going under contract.

In the past 12 months, there have been 4 condo sales in Ocean Terrace. Sales prices ranged from $349,000 up to $840,000. This is an average sales price of $596,750 which is $457.43 per sq. ft. of living area. These condos were on the market for an average of only 13 days before going under contract. And, sales prices were an average of 97% of the list price.

Click here to view previous Ocean Terrace market reports

About the Ocean Terrace Condos in Indian River Plantation

Ocean Terrace in Indian River Plantation on Hutchinson Island in Stuart Florida
Google Earth image

Ocean Terrace condos for sale:

The Ocean Terrace condos of Hutchinson Island in the Indian River Plantation is a direct oceanfront building.   They were built in 1981 with units having either ocean views or sweeping golf course and lake views of the Indian River Plantation Golf Course

Ocean Terrace in Indian River Plantation on Hutchinson Island in Stuart Florida
Google Earth image

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 underbuilding parking for residents.  This is a pet-friendly building with one large pet permitted for owners.

Recent Ocean Terrace sales:

Indian River Plantation 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

About the Indian River Plantation Marriott:

the Indian River Plantation Marriott:

Indian River Plantation consists of numerous condominium associations and buildings.  All styles from Oceanfront to Riverfront 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.  It is bordered on one side by the Atlantic Ocean and by the shimmering Indian River on the other side.

Ocean Terrace in Indian River Plantation on Hutchinson Island in Stuart Florida
Google Earth image

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 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.

Lakeside Condos in Indian River Plantation

The Hutchinson Island Marriott offers guests and residents two tiki bars and their Signature Restaurant, the Baha Grille; and 13 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 sundecks, game rentals from the Activities Hut, two outdoor spas, and supervised activities for both children and teens.

Additional Indian River Plantation Condos you December wish to consider:
BayviewBeachwalkDunes ClubFairway VillasInlet VillageLakesideOcean HousePlantation Club VillasPlantation HouseResort VillasRiver VillageRiverbendRiverwoodTennis Villas

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

For the latest market reports for Martin County, Saint Lucie County, and Florida, please click on this link.

Ocean Terrace Condos May 2022 Market Report

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