Resort Villas December 2019 Market Report
For December 2019 there is one condo available for sale in Resort Villas in the Indian River Plantation on Hutchinson Island in Stuart FL. The list price is $375,000 which is $576.92 per sq. ft. of living area.
There are 2 condos under contract waiting to close. The list prices were $450,000 and $465,000. This works out to an average list price of $457,500 or $488.46 per sq. ft. of living area. These condos averaged 33 days on the market before going under contract.
In the past 12 months, 5 Resort Villas condos have sold. Sales prices ranged from $349,000 up to $450,000. This is an average sales price of $399,800 which works out to $452.86 per sq. ft. of living area. These condos sold for an average of 97% of list price and went under contract in an average of 47 days after being listed.
About Resort Villas in Indian River Plantation in Stuart Florida:
The Resort Villas of Indian River Plantation consists of two four-story oceanfront elevator buildings that were built in 1977. Each building consists of 40 condos with both 2 bedroom and 2 baths and 1 bedroom 1 bath. Sizes range from 975 sq. ft. for the 2 bedroom condos to 650 sq. ft. for the 1 bedroom. The buildings are called the Spoonbill and the Pelican.
The Resort villas condos are very desirable because of the liberal rental rules allowing weekly rentals, making these condos an excellent investment opportunity, with many unit owners renting these for a few months during the high season to pay expenses and having the remainder of the year for their own use.
The management and condo fees are $455.00 per month. There is limited under building parking for some owners and reserved parking spaces for all. A heated beachside pool is also available for the exclusive use of the Resort villas residents. This is a pet-friendly building allowing for up to two large dogs.
And, access to all the wonderful amenities of the Hutchinson Island Marriott resort in Indian River Plantation (details below).
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Click here to view the previous Resort Villas market reports
The Marriott Resort at Indian River Plantation Features:
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, 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.
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 sundecks, game rentals from the Activities Hut, two outdoor spas, and supervised activities for both children and teens.
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Additional Indian River Plantation Condos you may wish to consider: There is 1 River Village Condo available for sale in December 2019. The list price is $350,000 which equals $327.72 per sq. ft. of living area. There is one condo under contract that has yet to close. The list price was $315,000 which works out to $294.94 per sq. ft. of living area. This condo was on the market for 136 days prior to going under contract. In the past 12 months, 6 condos have sold in River Village. Sales prices ranged from $240,500 up to $325,000 for an average sales price of $292,333 or $276.24 per sq. ft. of living area. These condos sold for an average of 97% of list price and were on the market for an average of 45 days prior to accepting a contract. The River Village condos of Hutchinson Island in the Indian River Plantation complex of Stuart consist of four four-story elevator buildings close to the Marriott Resort and full-service marina in Indian River Plantation. These units were built in 1980 with most units having views of the Intracoastal Waterway also knows as the Indian River. There are 64 units all are two bedroom two bath condos of with either 1,068 or 970 sq. ft. of living area. This is a pet-friendly building. River Village residents enjoy their own community pool for River Village resident’s exclusive use. Current condo and management fees are around $492.00 per month. These fees cover Cable; Common Areas; Elevator; Insurance-Bldg; Lawn Care; Management Fees; Manager; Pest Control; Pool Service; Reserve Funds; Sewer; and Water. Click here to view the River Village condo market reports Additional Indian River Plantation Condos you may wish to consider:
Bayview – Beachwalk – Dunes Club – Fairway Villas – Inlet Village – Lakeside – Ocean House – River Village December 2019 Market Report
River Village December 2019 Market Report
About the River Village in Indian River Plantation:
Bayview – Beachwalk – Dunes Club – Fairway Villas – Inlet Village – Lakeside – Ocean House – Ocean Terrace – Plantation Club Villas – Plantation House – Resort Villas – Riverbend – Riverwood – Tennis VillasRiver Village December 2019 Market Report
