Heritage Isle Viera, Florida Market Report June 2009

The 55+ active lifestyle community of Heritage Isle in Viera (Melbourne, Florida) continues to be active (pun intended!).

During the month of June 2009 there were five houses that closed in Heritage Isle. The lowest selling price was a 2 bedroom 2 bath 1 car garage patio home that sold for $138,000 (short sale). There are 11 properties under contract as well. Of these 7 are short sales. Anyone familiar with the short sale process knows these may take months to close.

Now for those looking to purchase in Heritage Isle, take heart, there are plenty of properties to choose from! As of today there are 34 active properties in the Brevard MLS system. There is one short sale at $117,000 (a 2/2 patio style home) which is really below the other prices in the development. The other 7 lowest priced homes are 2 bedrooms units as well but are priced from $158,000 to about $168,000.

The remaining 27 properties are 3 and 4 bedroom single family units ranging in size from about 1,600 sq ft to a high of 3,200 sq ft (under air conditioning). The prices for these units range from $184,900 to a high of $349,900.

Some folks choose Heritage Isle for its maintenance free lifestyle. Some choose because of its location in Viera near new developments, golf courses, new shopping, restaurants and more. Some choose Heritage Isle for its 21,000 square foot club house, pools, fitness facilities, and more. Regardless of your reason, if a 55+ community is in your plans, Heritage Isle deserves a look!

Call me if I can provide you information on any of Brevard County, Florida's 55+ communities including Viera's Grand Isle and Indian River Colony Club. I can be reached directly at 321-693-3850 or by email .

Gary Waters, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida.

Read my blog Florida Homes for Sale.