4660 SW Parkgate Boulevard # 2, Palm City FL 34990
Condo/Co-op
Recently Sold
$35,000
BTC: 0.54284606
ETH: 18.39549258
Sold on: 2021-05-14
534 days
Waterfront
Recently Sold
Condo/Co-op
3bds•
2ba•
2,040sqft
Overview
Seller will pay all dues through Oct 2021 if bought in April. 1st Floor ~ Lake & Preserve view ~ Community Pool (heated) ~ screened porch ~ golf cart barn ~updated ~ furniture, washer & dryer included. Piper's is a Golfers', Boaters', & Tennis Players' Paradise ~ Award-winning Golf course has no trail, no cart fees, and no public access ~5 Har-Tru tennis court ~ 49 Slip Marina ~ 31,000 sf clubhouse ~ Lifestyle fitness center ~ Dog Park ~ Gated Security with and 24/7 patrols. HOA/COA Dues for amenities ~ $1,841/month plus Personal expenses covered in dues (all gratuities, your water/sewer, Comcast cable, condo reserve & expense) ~ $818/month. GOLF COURSE: Designed in 1984 by Gentleman Joe Lee Updated in 2007 by Gene Bates. Voted
" The best Private Golf course in all of Martin County by the Hometown News in 2016-2019.
" The best place to play golf on the Treasure Coast for 2017 by Indian River Magazine.
COMMUNITY: Piper's is on the St Lucie River with access to the Atlantic Ocean in a 440-acre Preserve with 270 homes & 32 Lake View Condominiums. Located in Martin County, which has 12 beautiful white sandy beaches & miles of inland waterways. Downtown Stuart has a wide water view of the river with boutique shops & fabulous restaurants. West Palm Beach International Airport is 45 minutes to the south.
SOCIAL ACTIVITIES: The start of the Season Gala, The New Year's Eve Party, The Member-Guest Valentines' golf weekend, the Super Bowl party, & the fare-thee- well-end-of-the-season party. The event buffets are loaded Crab, Shrimp, Oysters, Lobster, Clams, Rack of Lamb, Prime Rib, Fresh Fish, & a whole room dedicated to just deserts.
CLUBHOUSE: Renovated & expanded in 2016 to 31,000 sf. Four dining areas: Palm Room formal events, Waterfall Grille - casual dining, Pub 19 - bar & lounge, & Terrace on the Green-covered outside dining overlooking the 18th green, a waterfall & fire pit. The pro shop, fitness center, library, & administrative offices are also there.
TENNIS FACILITIES: 5 Har-Tru Courts, Resurfaced Fall 2016, 1 with lights & spectator stands.
MARINA: 49 Slips from 25 ft. to 80 ft., 30 & 50-amp electric service & drinking water. Golf cart access, 24/7 Security & video surveillance. On the South Fork of the St. Lucie River in a protected semi-freshwater yacht basin. Water access to the Atlantic Ocean & the Bahamas. Known as the Sailfish Capital of the World. Deepwater fishing & inland fishing are superb.
THE DOG PARK: Known for its world-renown Yappy Hour (wine, friendship & gossip).
EQUITY CONTRIBUTIONS:
Membership Equity Contribution $10,000.
Operational Equity Fund $65,000 (refundable) which goes to the previous owner.
HOMEOWNER ASSOCIATION (HOA) DUES - WATERFRONT CONDOS
What is not evident in the dues is that roughly 35+/-% goes towards personal expenses.
" The cost of the amenities for golf, tennis, and the clubhouse $ 1,425/month
" The homeowner expenses you are reimbursing to Piper's Landing (below) $ 818/month
" Condo Reserve fund and expenses (below) $ 400/month
" The total you pay as HOA dues and reimbursed personal expenses $ 2,643/month
Expenses that a homeowner is reimbursing back to the HOA include:
" Water and sewer charges. Piper's Landing Y&CC is on one master water meter.
" Gratuities on all food and beverage purchases (including alcohol) in the clubhouse and on the golf course.
" Mid-level Comcast TV cable charges. You pay separately for only for premium channels and internet service.
" Lawn care and irrigation for your home and the community property.
" Common Area swimming pool expenses.
Expenses that a condo owner is reimbursing back to the Condo Association (COA) include:
" Insurance for Liability and property damage to the exterior of the building.
" You carry insurance on the inside of the condo.
" Ongoing repairs to the outside of the building and the property.
" A portion goes into a Reserve Fund to pay for future major repairs like the roof.
When you buy a home in Piper's, you are also gaining a Lifestyle that you will enjoy for years to come