The Charter Club at Martin Downs October 2018 Market Report
There are currently 5 homes for sale in the Charter Club at Martin Downs in Palm City FL. List prices range from a low of $239,000 up to $299,900. This is an average list price of $263,560 or $161.91 per sq. ft. of living area.
There is 1 home under contract that has not yet sold. This home was listed for $289,900 which is $151.23 per sq. ft. of living area. This home went under contract 127 days after being listed.
These past 12 months saw 14 homes sell in the Charter Club. Sales prices ranged from $210,000 up to $295,000 for an average sales price of $258,564 which equals $157.85 per sq. ft. of living area. These homes were under contract in an average of 51 days and sold for an average of 95% of list price.
About the Charter Club at Martin Downs:
The Charter Club us a gated community of 203 homes on the south side of Martin Downs Blvd. Developed in 1988 with the last home completed in 1995. Very well located in the heart of Palm City and just a short distance to shopping, the Turnpike, numerous golf courses and rivers and only about 15 minutes to the beaches of the Atlantic Ocean or 10 minutes to historic downtown Stuart, FL.
Home sizes range from 3 bedroom, 3 bathroom, 2 story homes with over 2,500 sq. ft. of living area down to 2 bedroom, 2 bathroom homes with just over 1,200 sq. ft. All of the Charter Club homes have garages and most are two car, though a few of the smaller homes only have one car garages.
There’s a community pool and hot tub for residents as well as to tennis courts. There’s also a nice large pond (or small lake) which many homes have nice private water views. The charter club allows up to 1 medium sized pet per home. There are also vehicle restrictions for trucks and commercial vehicles that don’t fit into garages.
The HOA fee is currently $235 per month and covers the common areas, landscaping and lawn service, basic cable tv, pest control and trash service.
A wonderful and safe community neighborhood that’s close to ‘A’ rated schools. The Charter Club at Martin Downs is a great place to call home.
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