2 months on rocket

5266 SW Orchid Bay Dr, Palm City, FL, 34990

$500,000

0.52 Acres
Land
Schools Nearby

Location

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Property Highlights

WaterfrontLake Front
ViewLake
MLS #RX-10964219
Lot Size0.52 Acres
StatusActive

About 5266 SW Orchid Bay Dr

Premier waterfront lot in desirable Orchid Bay. Build your dream home on this lakefront lot. Gated, deed restrictions, tennis courts and playground. Palm City Schools, Close to I-95 and Florida Turnpike. Within a few minutes from Town. This is the last lot available in Orchid Bay.

Property Details

Property Features

Listing Office:

  • Office Name: One Sotheby's Int'l Realty
  • Office Phone: (772) 492-1002
  • Listing Agent: Jill F Arsenault

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • View: Lake

Virtual/3D Tour

  • Virtual Tour: 5266 SW Orchid Bay Dr

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.52 Acres

School Info

Assigned Schools Information:

  • Martin County High School, Public District Grades 9-12
  • Hidden Oaks Middle School, Public District Grades 6-8
  • Palm City Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: SW Martin Hwy/Cty Hwy 714 (East of the turnpike). Right onto SW Mapp Rd, Right onto SW Sea Holly Way, Left onto SW Orchid Bay Dr.

Price Information

Listing Price Info

Price Summary:

  • List Price: $500,000

HOA Fees:

  • Amount: $58
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,387
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$670.3K

Med. Price/SqFt

$290

Avg. Days On Market

57

# of Sold Homes

31

5266 SW Orchid Bay Dr vs Palm City

61 DAYS ON ROCKET

+4 Days

$500,000

-$170.3K Less

KEY TAKEAWAY

This property is $170.3K less than the Median Sold Price in Palm City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-10964219

Listing Office:

  • Office Name: One Sotheby's Int'l Realty
  • Office Phone: (772) 492-1002
  • Listing Agent: Jill F Arsenault

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: 5/1/2024, 2:25:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,387$103,820
2019$2,410$103,940
2017$1,933$114,480

History based on county public records data.

Payment Calculator

$2,621

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,566

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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-4219583
8
/10
  • Palm City Elementary School

  • 1951 SW 34th St

  • 1.85 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4219584
7
/10
  • Hidden Oaks Middle School

  • 2801 SW Martin Hwy

  • 2.08 miles

  • Public District Grades 6-8

High School

school-card-donut-4219585
5
/10
  • Martin County High School

  • 2801 S Kanner Hwy

  • 2.61 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $109,472. The most common annual income of people living in Palm City, FL is between $35k-100k. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5266 SW Orchid Bay Dr

What is the listing price of this property?

The listing price of 5266 SW Orchid Bay Dr property is $500,000.

What type of property is this?

The property 5266 SW Orchid Bay Dr is land located in Palm City, Florida, 34990.

Is this property for sale now?

Active Listing: 5266 SW Orchid Bay Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5266 SW Orchid Bay Dr are:
Palm City Elementary School: GreatSchools Rating 8/10
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 $2,387 (source: MLS/based on county public records data).

How much acreage is this property?

The property 5266 SW Orchid Bay Dr is 0.52 acres.
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Rocket HomesFloridaMartin CountyPalm City349905266 SW Orchid Bay Dr

This home is located at 5266 SW Orchid Bay Dr in Palm City, FL and zip code 34990. This home sits on a 0.52 acre lot. It has been listed on Rocket Homes since February 29, 2024 and is currently priced at $500,000.

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. The number of listings in Palm City, FL increased by 5% between February 2024 and March 2024. In March 2024, listings were on the market for 57 days. During the same period, the median list price in this real estate market was $670,333.

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

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