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Royal Oak Towers May 2016 Market Report

Royal Oak Towers May 2016 Market Report

In May of 2016 there is only one available condo for sale in the Royal Oaks Towers of Stuart.  This condo is listed for $129,000 or $114.26 per sq. ft. of living area and has been on the market for a total of 269 days.

There is one condo under contract.  The list price was $123,500 which is $109.39 per sq. ft. of living area.  This condo was on the market for 137 days prior to going under contract.

In the past 12 months, one condo has sold.  The sales price was $100,000 which equals $88.57 per sq. ft. of living area.  This condo was on the market for only 15 days prior to going under contract and sold for 86% of the listed price.

About: Royal Oak Towers Condos in Downtown Stuart

Royal Oak Towers in Downtown Stuart FL

One of the best locations in Stuart FL.  This all ages condominium community is within walking distance of the Martin Memorial Hospital, Martin County Court House and School Headquarters as well as numerous medical and professional offices as well as the charming historical downtown Stuart area.

Royal Oak Towers in Downtown Stuart FL Royal Oak Towers in Downtown Stuart FL

This condominium complex consists of three adjoining buildings with only 18 units in total.  There are only two residences per floor for each building with under-building covered parking available for most owners.  All of the condos are 2 bedrooms and 2 bathrooms with a balcony and 1,129 sq. ft. of living area.  There are common laundry areas for each building, though many unit owners have installed washer and dryer units in their condos.

Royal Oak Towers in Stuart FL Royal Oak Towers in Downtown Stuart

Amenities include a barbecue area and pool in the back of the complex and a picturesque fountain out front.  There’s also a large sun deck that can be used for year round tanning or for parties.

The current association fees (April 2016) are $435.00 per month.  These fees include building maintenance, pool, common area charges, trash pickup, painting, roof repair, reserve funds.  All ages are welcome and up to one large pet is allowed.  This is also one of the rare condo associations that allow trucks and motorcycles.

These homes are typically in great demand, so please contact us if you want to be notified when a residence comes up for sale.

Click here to see if any Royal Oak Towers condos are currently available

Royal Oak Towers May 2016 Market Report