The Admiralty Condos in Palm City Market Update

For October 2012: There are 2 active listings in the Admiralty

There are currently two condos under contract and awaiting the closing date. (list prices are $649,000 and $650,000)

In the past 12 months, only 1 condo sold.  Closed for $595,000 (or $201.00 per square foot of living area)

There are five buildings which make up the Admiralty condo complex in Palm City, Florida.  Three of which were built in 1989-1990.  The two newer buildings were completed in 2005.  These condos offer unparalleled luxury and spaciousness for the price.  Equivalent condos on the Ocean with these amenities are either non-existent or will cost well over $1 million dollars.  Current Condo association fees in the Admiralty range from the $700 to under $900 dollars per month depending on the unit size.

The Admiralty condos boast superior construction and wide water views of the Saint Lucie River along with individual 2 car garages for each unit located under each building along with additional storage.

With safety and security in mind, the community is gated and the luxurious and spacious condo’s come equipped with hurricane windows and doors along with a 22 slip protected marina for the residents use. Enjoy the heated pool, clubhouse, meeting room, and exercise room. The Admiralty is close to fantastic schools such as Martin County High School, Hidden Oaks Middle School, and Bessey Creek Elementary. There are also plenty of restaurants and entertainment areas in and around this wonderful area! 

The Admiralty Condos in Palm City Market Update