Twin Lakes Condo Market Report for April 2017

There are currently 8 condos available to purchase in the Twin Lakes community in Stuart FL.  List prices range from $80,000 up to $119,900 for an average list price of $101,584 which equals $96.89 per sq. ft. of living area.

6 condos are currently under contract.  List prices of these pending sales were from $82,900 up to $129,900 for an average of $113,933 or $107.01 per sq. ft. of living area. These condos averaged 36 days on the market before going under contract.

In the past 12 months 20 condos have sold in Twin Lakes.  Sales prices ranged from $72,800 up to $114,500 for an average sales price of $100,372 which works out to $90.59 per sq. ft. of living area.  These condos averaged 28 days on the market before going under contract and sold for an average of 95% of list price.

About the Twin Lakes Condo Community:

The Twin Lakes Condos of Stuart FL are located at 6531 SE Federal Highway in South Stuart, just north of the edge of Hobe Sound.  There are just over 280 units in Twin Lakes.  These condos were first built in 1973 through 1979 with the last phase having been completed in 1989.  All condos are 2 bedroom two bathroom units in two story buildings.  Interior square footage range from 977 up to 1,182.

One portion of this community is a 55 an over while the other is open to all ages.  Both phases will accept one small pet.  There is a community pool, clubhouse, tennis courts, shuffleboard courts and a pleasant area for those wishing to hike around the lakes.

The current Condo Association fees are $306 a month (as of April 2017) and these fees cover Building Insurance, Cable, Common Areas, Lawn Care, Maintenance Exterior, Manager, Master Antenna/TV, Pest Control, Pool Service, Reserve Funds and Trash Removal.

Children in the all ages section of twin Lakes attend Port Salerno Elementary School, Murray Middle School and South Fork High School.

There is ample reserved and guest parking and commercial vehicles, trucks and RV’s are not permitted.  Rentals are OK with some restrictions.

Click here to view the available Twin Lakes condos listed in the Martin County MLS system