24 days on rocket

2801 SW Lake Ter, Palm City, FL, 34990

$889,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths
3,323 SqFt
$268/SqFt
House
Schools Nearby

Location

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2801 SW Lake Ter, Palm City$889,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Parking2+ Spaces, Garage - Attached, RV/Boat
Attached Garage3 spaces
Year Built1992
HeatingCentral, Electric
CoolingCeiling Fan(s), Central Air, Electric
WaterfrontCanal
FireplaceFireplace(s)
Private PoolYes
MLS #RX-10975315
StatusActive

About 2801 SW Lake Ter

Beautiful 5 BR lake home nestled in lush tropical landscaping, in the private and exclusive community of Rustic Hills. Sunsets are a revelation from your lanai with dock and boat slip navigable to the ocean. Main kitchen is renovated with quartz countertops and stainless appliances, upgraded vinyl plank flooring throughout the main living area. Mother-in-law suite equipped with full kitchen and private entry; perfect for an Airbnb. Spacious grounds offer loads of opportunity for endless fun, exploration and relaxation. So secluded yet minutes from fantastic restaurants, shopping, the turnpike, I 95, gorgeous beaches, and the NY Mets Spring Training. Your trip to dockside restaurants in Stuart is 10 minutes, and 20 minutes to the ocean. Roof replaced in 2021. Welcome to your Dream Home!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Ranch
  • Year Built: 1992
  • Stories: 1
  • Living Area: 3,323 SqFt

Listing Office:

  • Office Name: Real Estate of Florida
  • Office Phone: (772) 600-7400
  • Listing Agent: Jennifer Gilley Fleschner

Interior Features

Interior Information:

  • Appliances: Automatic Garage Door Opener, Central Vacuum, Dishwasher, Disposal, Dryer, Intercom, Microwave, Electric Range, Refrigerator, Washer, Water Softener
  • Flooring Type: Ceramic Tile, Other, Vinyl Floor
  • Interior: Ctdrl/Vault Ceilings, Fireplace(s), Foyer, Laundry Tub, Pantry, Sky Light(s), Split Bedroom, Walk-in Closet
  • Fireplace: Fireplace(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Canal
  • Exterior: Auto Sprinkler, Screen Porch, Shed

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: 2+ Spaces, Garage - Attached, RV/Boat

Virtual/3D Tour

  • Virtual Tour: 2801 SW Lake Ter

Virtual Tour

Lot Features

Lot Information:

  • Lot: Private

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Ceiling Fan(s), Central Air, Electric

School Info

Assigned Schools Information:

  • Martin County High School, Public District Grades 9-12
  • Hidden Oaks Middle School, Public District Grades 6-8
  • Bessey Creek Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: SW Murphy Road, left on SW Pine Tree Lane to left on SW Lake Terrace.

Price Information

Listing Price Info

Price Summary:

  • List Price: $889,000
  • Price Per SqFt: $268/SqFt

HOA Fees:

  • Amount: $20
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $5,054
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Palm City, FL.

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Palm City, FL

City

Med. Sold Price

$670.3K

Med. Price/SqFt

$290

Avg. Days On Market

57

# of Sold Homes

31

2801 SW Lake Ter vs Palm City

24 DAYS ON ROCKET

-33 Days

$889,000

+$218.6K More

$268/SqFt

-$22 Less

KEY TAKEAWAY

This property is $218.6K more than the Median Sold Price and $22/SqFt less than other homes in Palm City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-10975315

Listing Office:

  • Office Name: Real Estate of Florida
  • Office Phone: (772) 600-7400
  • Listing Agent: Jennifer Gilley Fleschner

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 12:25:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 04, 2014Home Sold
$380,000
Mar 13, 2003Home Sold
$369,000
Nov 21, 2001Home Sold
$345,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,054$312,277
2019$4,865$305,256
2017$4,583$293,404

History based on county public records data.

Payment Calculator

$4,524

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,732

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3428147
10
/10

  • Bessey Creek Elementary School

  • 2201 SW Matheson Ave

  • 1.20 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3428148
7
/10

  • Hidden Oaks Middle School

  • 2801 SW Martin Hwy

  • 1.91 miles

  • Public District Grades 6-8

High School

school-card-donut-3428149
5
/10

  • Martin County High School

  • 2801 S Kanner Hwy

  • 2.88 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $128,879. Residents of Palm City, FL typically earn between $100k-200k each year. The most common type of family is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2801 SW Lake Ter

What is the listing price of this property?

The listing price of 2801 SW Lake Ter property is $889,000.

What type of property is this?

The property 2801 SW Lake Ter is a house located in Palm City, Florida, 34990.

Is this property for sale now?

Active Listing: 2801 SW Lake Ter is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2801 SW Lake Ter are:
Bessey Creek Elementary School: GreatSchools Rating 10/10
Hidden Oaks Middle School: GreatSchools Rating 7/10
Martin County High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,054 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 4, 2014 for $380,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2801 SW Lake Ter has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 2801 SW Lake Ter is 3,323 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2801 SW Lake Ter is 1992.

Rocket Homes›Florida›Martin County›Palm City›34990›2801 SW Lake Ter

This home is located at 2801 SW Lake Ter in Palm City, FL and zip code 34990. This 3,323 square foot home was built in 1992. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 05, 2024 and is currently priced at $889,000.

In March 2024 more than 2 listings in Palm City, FL were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 24 were sold below. Between February 2024 and March 2024, Palm City, FL real estate market has seen increase in the number of listings by 5%. While the average time on the market in March 2024 was 57 days, the median list price was $670,333.

From Rocket Homes Real Estate and based on county public records data.

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