Current Brevard County Real Estate News

Rockledge, Florida Homes For Sale - Chelsea Park Subdivision - Market Report June 2016

28 Jun 2016 11:00:40 PD

Rockledge's Chelsea Park subdivision provides homeowners an excellent location near top quality schools, shopping (The Avenue Viera), several excellent golf courses, restaurants, medical facilities (including the VA Clinic at Viera) and much more!  Chelsea Park offers owners room to roam.   Unlike many of the newer developments, lots are larger with  no zero lot line parcels here.   While Chelsea Park offers a playground and basketball court it does not have a community pool which helps keep association fees lower.  Typical house in Chelsea ParkConveniently located near I-95 and US 1, Chelsea Park provides commuters easy access to major employers in Melbourne and Orlando (45 miles).   With its proximity to US Highway 1 and Interstate 95 this neighborhood is well suited for those who commute to Patrick Air Force Base, Cape Canaveral or many other major employers  in Melbourne, Florida. Additionally, Chelsea Park's proximity to Orlando (40 minutes), the Rockledge and Viera areas make it an excellent choice for "long distance" commuters as well!It should be noted that currently Barnes Blvd in front of the subdivision is being upgraded to a four lane street so there is some obstacles however once the road work is completed, access to I-95 and US 1 will be even quicker! What is currently for sale in Chelsea Park? There are currently 12 homes for sale in Chelsea Park.  List prices range from $220,000 to $399,900.  All of the listings are standard sales. (The current market has fewer distressed sales.)Median listing price is approximately $345,000.Homes for sale were built between 1999 and 2007.  Pools are popular in Chelsea Park as eight of the homes for sale in Chelsea Park have a private pool (no community pool).As for size, most of the homes in Chelsea Park are larger with only one listing (lowest priced) under 2,100 sq.ft. under air.  An indicator of the market... there are only three listed homes priced below $339,000. What has recently sold in Chelsea Park in Rockledge?Over the past six months there have been six homes sold in Chelsea Park. Selling prices ranged from $229,000 to $335,000.  All seven sales were standard sales.  Since June 1, 2016 there has been only one home sold in Chelsea Park.The most recent sale as a 2001 built home located at 428 Stonehenge Circle.    This four bedroom three bathroom two car garage home with 2,416 sq.ft. under air sold on June 13, 2016 for $255,000.For information buying a home in Rockledge, Florida - especially Chelsea Park or Phillips Landing, give me a call at 321-693-3850. 


Rockledge, FL Home For Sale - $172,900 - 897 Brunswick Lane

27 Jun 2016 13:54:34 PD

This house, located at 897 Brunswick Lane in Rockledge, Florida may be just the home for sale in Florida you are looking for if you...are looking for that house located just off the main routes but in a quiet neighborhood. want to be close to the Florida beaches but not have to pay the higher insurance premium associated with living close to the water.  are you looking for a home that is move in ready.  need the space to put in your own pool.need a location close to Orlando (45 minutes) but not in all the traffic and congestion.   want excellent schools for your children to attend.  don't want to pay association fees or be required to have someone approve your new plants or paint job. want space for a hobby or a man cave.need space for grilling and backyard activity. don't want too much space but still have the luxury of a third bedroom.This three bedroom two bath two car garage home offers a recent roof (September 2015), new paint (in and outside), comes with all appliances including washer and dryer, has a new garage door and opener, new interior doors, renovated bathrooms, screened porch, patio, fenced yard, concrete block/AC building in back, and much more.View the MLS listing here.List price $172,900.  Seller will consider helping with closing costs.   VA, FHA, first time buyers...let's talk!Call or text me at 321-693-3850 to schedule a showing today.


55+ Communities in Viera, Florida - June 2016 Market Update

24 Jun 2016 10:04:18 PD

There are three 55+ communities in Viera, Florida.   All three of these #age-restricted-communities share key characteristics such as being gated, offering a clubhouse and other facilities as well as varying levels of provided maintenance.Read more about these three age restricted communities in central Brevard County, Florida  as well as about the differences between the 55+ communities of Viera. This is a market summary for Heritage Isle and Grand Isle and represents a snapshot of the Viera 55+ community/market as of June 23, 2016. What is for sale in Heritage Isle?Currently there are nine homes for sale in Heritage Isle with listing prices ranging from $229,750 to $399,900.  I recently received a notice from the builder's representative that list price for new construction in Heritage Isle was rising on July 1, 2016.   This seems logical when one considers the rising prices in both of these 55+ communities (and the Florida market in general). Of the nine homes for sale in Heritage Isle at this time four are priced above $300,000 and another four are in the $250,000 to $300,000 range.  So if a buyer is looking for a home under $250,000 in either of these 55+ communities then the choices are very limited.Want to buy new construction home in Heritage Isle?  Just received this email from Heritage Isle builder representative.Subject: Homes are going quickly only 22 left!!!!!!!!!!!!!!!!!!!!!  Hello We only have 22 homes left in Heritage Isle and then we are completely SOLD OUT!!!!What has recently sold in Heritage Isle?Since May 1, 2016 there have been eleven homes sold in Heritage Isle.  Selling prices ranged from $205,000 to $375,000.  This range does not demonstrate the real market as there was only one selling under $248,000.  The lone foreclosure at 3394 Moonstone Lane (1,862 sq..ft. 3/2/2) sold for $205,000.Five of these eleven recent sales went for more than $300,000.  Median selling price since May 1, 2016 was $292,500 while the average selling price was about $265,000 (about $271,000 if the foreclosure is not considered).What is for sale in Grand Isle?Currently there are only three homes for sale in Grand Isle with listing prices ranging from $269,900 to $349,900.  (While Grand Isle was developed by the same builder as Heritage Isle with similar construction, Grand Isle is smaller..)All three of the homes for sale in Grand Isle were constructed in 2003/2004 and have 2,032 to 2,470 square feet under air.   While not very common, one of the offerings has a private pool as well.There are also two other homes under contract awaiting closing.  What has sold in Grand Isle?Over the past six months there have been seven homes sold in Grand Isle.   Since May 1, 2016 there has been only one property sold in Grand Isle.  That home at 1595 Timacuan Drive (2001 built 3 bedroom 2 bathroom 2 car garage home with 2,011 sq.ft.) sold for $270,000 on May 20, 2016.For information on buying a home in any of Viera's 55+ communities, call or text me at 321-693-3850.


Home Buyer Tips: Should Your Real Estate Agent Recommend a Specific Lender?

20 Jun 2016 13:00:03 PD

When a prospective buyer contacts me I, like most experienced real estate agents, always ask "those" questions.   Many of these focus on a prospect's ability to purchase.  Specifically, the existence of a mortgage pre-approval is high on the list. But, as a real estate agent, I don't make specific recommendations on a particular lender. I am not licensed in the mortgage field.   However, I do count it as a responsibility, if asked, to point my client to one (or several) trusted lenders.Once a lender is contacted the lender can discuss the specific types of loan to consider based on their credit history, needs and resources.Once the mortgage pre-approval is in place then the focus can shift to the properties to view.    Once a buyer's real estate agent knows the type of mortgage a buyer will be using then specific properties can be included and excluded.Ready to buy a home in Florida?  Here are some key things to know... Cheat Sheet for Home Buyers.Twenty Easy Steps to Buying a Home in Florida.The Most Important Things When Looking for a Home.Buying a House in Florida - A Language of It's Own.Call or text me at 321-693-3850 for information on buying a home in Florida.


Home Buyer Tips: How Low Will the Seller Go?

28 Jun 2016 06:57:27 PD

The Brevard County, Florida real estate market is a seller's market.  That simply means there are more buyers competing for fewer properties.  This results in prices rising as well as multiple offers becoming more common.Still, buyers always want the best deal possible. So when a buyer finds a house they are really interested in they often ask the same question - "How low will the seller go?" Very often the only person who knows the answer is the seller.  The listing agent usually does not know the answer.  If by chance they know, their obligation to the seller precludes disclosure.I suggest buyers who are interested in a property not always "How low will the seller go?"  Rather, in a seller's market, I urge buyers to consider another important question to consider - "How high will the others go?"Here are some more tidbits regarding offers and negotiation strategies when making an offer to purchase a Florida home.Sellers Always Negotiate.   Always is such a all encompassing term.Low Ball Offers - A Waste of Time?    Some consider any offer as a positive sign.Can you really improve your chances of an accepted offer? Your Offer is Much More Than Just Price.  Sellers don't always accept the highest price.Multiple Offers - A Scam or Legitimate?   Will you ever know if there were others?Give the Seller a Short Deadline to Your Offer.   Too much time works against you. What do you do now that your offer has been accepted?Ready to buy a Viera, Florida home?  Call or text me at 321-693-3850 for assistance.  Have a question, send me an email.  Image courtesy of Ambro at

Waters Realty of Brevard LLC  welcomes you to our comprehensive real estate website covering all of Brevard County, Florida.  Just some of the the cities and communities we serve include Melbourne, Viera, Suntree, Merritt Island, Rockledge, Cocoa Beach, Satellite Beach, Port St John, Cape Canaveral, Indian Harbour Beach, and West Melbourne.

None of the mega web sites provide more accurate Melbourne, Viera, Suntree, Merritt Island, Rockledge, Cocoa Beach, Satellite Beach, Port St John, Cape Canaveral, Indian Harbour Beach, and West Melbourne real estate market information than you’ll find here.  Have a question, send me an email!

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The Brevard County, Florida real estate market is made up of diverse and interesting communities and neighborhoods. We’ll tell you about each of them and let you narrow your search to the very best for you.

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Gary Waters


Waters Realty of Brevard LLC

3270 Suntree Blvd #2218
Melbourne  Florida 32940

321-693-3850 (direct)

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