THE CLUB AT PORT ST. LUCIE


The Club is located just a short distance from Exit 121, off I-95.  It is close to everything you need, shoppings, banks, restaurants, schools, universities and the METZ training camp!

The Club was built betwen 2003 and 2005.  It consists of 19 buildings of 20 units each.  PHASE I runs from building 121 to 201 and PHASE II from building 211 to 301.

PHASE II units have upgraded kitchens with granite countertops and stainless steel appliances, and granite counters in the bathrooms as well.  These units sold in late 2005 and early 2006 over $180,000 for the one bedroom, one bathroom unit.  Units facing the lakes or the golf course are most desireable.

As the Real Estate market stumbled, The Club owners defaulted in their mortgages.  Many of these units were bought by investors and unable to flip their units, they either let the bank foreclose or sold their investment as a short sale.

As of now, one bedroom unit sells for as little as $30,000!  New investors are snapping these condos and most of The Club is now owned by investors. 

While The Club went through a period of difficult transition, management was able to keep the Association solvent, primarily through the short-sale procedure.  Now most of The Club is occupied by renters but The Club maintains a tight fist of the day to day management and everyone must go through a Board Approval process before buying or renting.  The Club remains a fantatic buy for investors.

Condo associations fees run from $200 a month for the one bedroom, to $250 for 2-bedrooms units and just below $300 for the 3-bedrooms units.  Water and trash are inclosed in the fees.  The property is gated, and offers tennis courts, a beautiful Clubhouse with swimming pool, exercise room, a play area for children as well as pic-nic grounds.