Florida Homes and Condos for Sale: Florida: Viera: Heritage Isle

Cost of Living in Heritage Isle (and Master Planned Communities)

While discussing costs associated with living in Viera's premier 55+ community Heritage Isle with a caller yesterday afternoon, I realized many prospective buyers fail to understand all the costs associated with living in a master planned community.

Buyers appear to look primarily at the taxes on the property which are based on the assessed value minus all the exemptions.  To understand property tax exemptions in Brevard County, check with the Brevard Property Appraisers Office.

Buyers in master planned communities and developments like Heritage Isle need to look at the other associated costs.

Most prospective buyers understand there will be association dues (around $300 a month in Heritage Isle as well as the other 55+ community in Viera, Grand Isle).

Heritage Isle residents pay an additional assessment with their annual taxes called a Heritage Isle Community Development District.  Property owners in Heritage Isle see this non-ad valorem assessment on their annual property tax bill.  Some of the things the CDD is responsible for are sidewalks, water management, conservation areas, common area landscaping, parks.

The current Heritage Isle CDD is around $866 (single family homes), $628 (villas), and $630 (condos).  There appears to be some variation so check the tax account for specific properties.  Also the CDD budgets annually so there is no permanent set amount.

Heritage Isle at Viera Community Development District (CDD)

What does the CDD offer its residents?

"The CDD’s business is conducted in the “Sunshine,” which means all meetings and records are open to the public. Public hearings are held on CDD assessments. and the CDD’s budget is subject to annual independent audit."


By the way, there are other assessments added to your tax bill.  These non-ad valorem fees include solid waste collection, an annual county fire assessment, solid waste disposal assessment, stormwater assessment, and likely others.

When you are ready to buy your Heritage Isle or Grand Isle home, call me at 321-693-3850 or email me.

***The above is presented as general information.  I am not a tax expert, CPA or attorney. 

Heritage Isle Condos in Viera–Market Activity through June 8, 2011

Back on March 26,2011  I posted a market report about the Heritage Isle condos in Viera's popular gated 55+ community.

After reviewing the recent activity in the Heritage Isle condo market I chose to just edit the March 2011 report to emphasize the changes in the market.

The original text is in black print with the current status is the blue print.

I am not sure why - can't be the prices - the condos at Heritage Isle, Viera, Florida's premier 55+ community, seem to be taking forever to sell!
 
Presently there are fourteen fourteen condos listed for sale.  Of these, there are three four short sales.

Listing prices for the condos in Heritage Isle range from $99,950 $89,000 to $139,900 $135,000.  With seven eight of the active listings at Heritage Isle priced at or below $120,000, it is obvious the prices are going to stay down for a while. 

So what has happened in the previous several months…list prices have fallen and the last sale was on March 23, 2011 for $109,000. 

For information on homes and condos for sale in Heritage Isle (or Grand Isle – Viera’s other Lennar built 55+ community – call me directly at 321-693-3850 or email me.

Heritage Isle - Chosen one of America's top 50 Master Planned Communities in 2011!

Lennar Builders has recently re-started construction of the larger estate model homes in Viera’s Heritage Isle 55+ community.  I am writing this as a real estate agent who works with buyers in the Heritage Isle community - not as a representative of the company.

For some time it has been the smaller manor models and the patio or villa style homes that were being built in Heritage Isle.  I am not sure but I think it is the lot size limitation in the previous phase.

While the manor models are smaller with roughly 1,600-2,000 sq.ft. under air, the estate homes are larger offering about 2,000 to 2,600 sq.ft. under air.

The estate models currently being built in Heritage Isle include:

• Devonshire model – 4 bedrooms, 2 baths, 3-car garage, 1,930 sq.ft. living area from $215,990 
• Kennedy model – 4 bedrooms, 3 baths, 3-car garage, 2,267 sq.ft. living area from $239,990 
• Monroe model – 4 bedrooms, 3 baths, 3-car garage, 2,599 sq.ft. living area from $269,990

For information on new homes for sale in Heritage Isle (as well as re-sales) including those offered by Burgoon-Berger Builders, just drop me an email or give me a call directly at 321-693-3850. 

Grand Isle - The Other 55+ Community in Viera

Condos for sale in Heritage Isle

New Construction in Heritage Isle

Indian River Colony Club - Not the usual 55+ community in Viera, Florida

There is new construction available in Viera's premier 55+ community of Heritage Isle for those not wanting  re-sale properties.  Heritage Isle is relatively new so the "oldest" properties were just built in 2004!

When one thinks of new construction these days they think long waits.   That is because the scenery has changed since the days five years ago when builders were selling homes faster than they could build them in Brevard County, Florida!

If you are in the market for a 55+ gated community in Florida, then Heritage Isle offers re-sale single family homes as well as new construction! 

Currently 21 re-sale single family homes on the market with list prices from $159,900 to $449,000 including about seven short sales.

But if you prefer new construction  I just saw a brochure advertising new construction Lennar Builders inventory homes in Heritage Isle priced from $186,845 to $199,990.

These new construction properties are 3/2/2, 4/2/2 and 4/3/2 floor plans (bedrooms/bathrooms/garage) with sq.ft. from 1,677 to 2.032 sq.ft. under air.

And if you have the time to wait you can choose your lot and go from there!

For information on new construction or re-sale properties in Viera's Heritage Isle, call me directly at 321-693-3850 or email me.

Just north of Melbourne, Florida, you will find in the planned unit development of Viera a gated development Heritage Isle, a community offering almost maintenance free living. 

Any top of the line 55+ community will offer residents a carefree lifestyle, free of worries about day to day upkeep issues.  At Heritage Isle, you can determine how carefree you want to be!

If you are 55+ and want a place to escape to for a month or even six months, Heritage Isle  is that place.   If you are ready to downsize and leave the lawn care to someone else, then Heritage Isle is the place to be.

Located only minutes from the world famous Cocoa Beach, Heritage Isle offers residents an opportunity to choose the degree of maintenance free living they desire. 

If coastal Florida retirement living is a consideration  The 55+ community of Heritage Isle in Viera is the place to be!

Heritage Isle has a minor maintenance program that will handle any of the chores you need taken care of!  From changing light bulbs to making repairs, the maintenance program can handle your "to do" list. These "extras" are paid for outside of your monthly home owner dues.

With its concierge services offered by Community Resource Management residents can choose the extent of maintenance services provided (fee based).  If you are traveling or a part-time resident your home can be checked on a regular basis.  If you are a part time resident they will even reactivate your utilities prior to your return and restock your pantry and refrigerator..now that is carefree!

Would you not rather be enjoying the 21,000 square foot club house, the pool, boccie, tennis, basketball, the fitness center, Duran Golf Club, biking, you name it!  Heritage Isle offers a lifestyle!  If Florida living is on your agenda, see Heritage Isle.

New construction homes and resales are available as well as condos.  Want to know what is selling and for sale in Heritage Isle? Read my latest post on  the June 2009 Heritage Isle at Viera market. 

Please contact me for information on Florida 55+ living!  Gary Waters, Century 21 Baytree Realty, Rockledge, Florida.

The 55+ community of Heritage Isle in Viera (just  north of Melbourne, Florida) is the "best kept secret in the Florida 55+ active lifestyle market."    

The 55+ community of Heritage Isle has been named one of the top 100 retirement communities a couple of times by Where to Retire magazine, most recently in 2009.  

After all the location is superb: 40 minutes to Orlando, 20 minutes to the cruise ships at Port Canaveral, two hours to Tampa , a day trip to Miami!  

So what does Heritage Isle offer?  This gated master planned retirement community is located in the planned unit development of Viera in Brevard County, Florida.  The Heritage Isle community features several styles of residential dwellings including condos, villa style homes, and single family homes (some over 3,000 square feet with 3 car garages!).

Located next door the the new Duran Golf Course (a great club house restaurant!), near great shopping, restaurants, a professional baseball stadium (spring training for Washington Nationals plus a minor league team), near the currently being constructed Viera Hospital, multiple golf courses and more! 

With the Cocoa Beach nearby, the Indian River, the St. Johns River for fresh water activities, and 30 plus golf courses, there is no reason to stay in the house!

If you would like new construction in Heritage Isle in Viera, the builders are still building.  Lennar Homes (in Heritage Isle) usually has a couple of homes in the pick your color stage of completion.  Burgoon Berger, a local custom builder, is also building in Heritage Isle although they do not build until the home is under contract.

For information on homes for sale in the 55+ community of Heritage Isle, please contact me at 321-693-3850 or by email .

Heritage Isle is more than a master planned community - it is an active lifestyle community!  You really need to see the Heritage Isle 55+ community to understand why it is on the list of Where to Retire magazine's top 100 retirement communities!!

Gary Waters, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida, serving buyers and sellers in the Viera 55+ community of Heritage Isle.

If you are in the market for a wonderful home in the Heritage Isle 55+ community in Viera Florida, you must take a look at this 2004 built property!

With 2176 sq ft under air, this three bedroom two bath three car garage home is a former model home (Merlot modal) that has plenty of space for all your needs. Featuring an office, solid surface counter tops, 42 inch maple cabinets, upgraded tile, carpet and brick paver driveway. All for only $299,900!

Located on a corner lot in the maintenance free 55+ gated community of Heritage Isle, enjoy the 21,000 square foot club house, pools, tennis, cafe, nearby Duran Golf Club, shopping, and more. Just want to relax, enjoy the waterfront view from your screened porch! Monthly homeowner fees are $283 which includes lawn maintenance!

For information on any properties in the Heritage Isle community, please feel free to contact me directly at 321-693-3850 or email me at agent@moving2brevard.com.

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