3122 SW Lake Terrace, Palm City, FL 34990

$875,000

Virtual Tour

https://www.propertypanorama.com/3122-SW-Lake-Terrace-Palm-City-FL-34990/unbranded

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 3,278 Status: Closed

Current Price: $875,000 List Date: 5/08/2024 Last Modified: 6/30/2026

Overview

Description

MOTIVATED SELLERS, BRING OFFERS!!! Ocean access,No HOA, CBS construction home with no fixed bridges!! Come check out this beautiful waterfront 3 bedroom, 2.5 bath with a den, eco-energy efficient home with deep water boat dock and seawall. Impeccably crafted, this house features double crown molding, stainless steel appliances, and granite countertops in the kitchen. Bedrooms showcase bamboo flooring, tray ceilings, and private balconies. The home is equipped with a six-burner gas stove, wine fridge, over sized garage, surround sound wiring, solar assist hot water heater, whole house generator and impact-resistant windows. Enjoy comfort and peace of mind with two zoned ACs backed by warranty. Zoned for A rated schools & close to restaurants and shops, this house is a must see!

Listing Details MLS# R10985459

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 3
Bathrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Building Area Main: 3278
Building Area Source: Public Records
Living Area Main: 2260
Year Built: 2008
Garage YN: Yes
Attached Garage YN: Yes
Garage Spaces: 2
Covered Spaces: 2
Gated Community YN: No
Lot Size Area: 9626
Lot Size Acres: 0.22
Frontage Length: 70
Senior Community YN: No
Waterfront YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: 2
Stories: 2
Direction Faces: North
Pool Private YN: No
Furnished: Unfurnished

Property Features

Dining Area: Eat-In Kitchen Flooring: Ceramic Tile; Wood Parking Features: Garage Door Opener; Attached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Gas Range; Microwave; Solar Hot Water; Washer Architectural Style: Colonial Construction Materials: CBS Cooling: Ceiling Fan(s); Central Air; Zoned Fencing: Fenced Heating: Central Interior Features: Built-in Features; Entrance Foyer; High Ceilings; Pantry; Storage; Walk-In Closet(s) Laundry Features: Inside; Laundry Closet Listing Terms: Cash; Conventional Pets Allowed YN: Yes Possession: Close Of Escrow Restrictions: No Restrictions Roof: Metal Sewer: Septic Tank Sprinkler Description: Auto Sprinkler Tax Information: Homestead Exemption Utilities: Water Available Water Access: No Fixed Bridge; Ocean Access Water Source: Well Water View: Canal Waterfront Features: Canal Front; No Fixed Bridges Showing Requirements: Appointment Only; Call Listing Agent; Text Listing Agent Outdoor Living Spaces: Balcony; Deck; Patio Balcony Details: Balcony - Open Patio Details: Patio - Covered Contingencies: None Room Types: Bedroom 2; Bedroom 3; Den; Kitchen; Laundry; Living Room; Master Bedroom; Utility Room Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 995000

Location and Legal

Country: United States
County Or Parish: Martin
County Parish Name: Martin
Street Number: 3122
Street Direction Prefix: SW
Street Name: Lake
Street Suffix: Terrace
City Name: Palm City
State Or Province: FL
Postal Code: 34990
Postal Zip: 34990
Subdivision Name: RUSTIC HILLS
Area: 6090 - Palm City
Geographic Area: MRTC - Martin County
Special Assessment YN: No
Parcel Number: 123840001000005700
Zoning: res
Directions: Martin Down Blvd, N on High Meadow, halfway on circle, N on Covered Bridge

Financial Information

Association YN: Yes
Association Deposit YN: No
Association Fee: 16.66
Association Fee Frequency: Monthly
Association Membership: Mandatory
Membership Fee Required YN: No
Tax Annual Amount: 4984
Tax Year: 2023
Tax Legal Description: RUSTIC HILLS LOT 57 UNINCLUDED

Status Change Information

Major Change Timestamp: 2024-07-03T16:07:01Z
Major Change Type: Status Change
Price Change Timestamp: 2024-05-18T14:41:18Z
Status Change Date: 2024-07-03
Under Contract Date: 2024-05-31
Close Date: 2024-07-02
Close Price: 875000
Buyer Financing: Conventional

More Information

Entry Information

Entry Location: Entry Level Living Area Y

Short Sale Details

Short Sale Addendum: No

Boat and Dock Information

Dock Details: 70'

Capital Contributions

Capital Contributions YN: No

Main Level Rooms

Main Level Bathrooms: Yes

Storm Protection

Impact Glass: Complete
Permanent Generator: Whole House

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Room Types

Bedroom 2 Level: Second
Bedroom 3 Level: Second
Den Level: First
Kitchen Level: First
Living Room Level: First
Master Bedroom Level: Second
Utility Room Level: First
Bedroom 2: Yes
Bedroom 3: Yes
Den: Yes
Kitchen: Yes
Laundry: Yes
Living Room: Yes
Master Bedroom: Yes
Utility Room: Yes

Price Calculations

Current Price To SqFt: 387.16
Original List Price To Close Price: 1.13

Originating Details

Originating System Key: 20240507212817410609000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Application Fee Details

Application Fee: 0

Amenities

None: Yes

Dining Area

Eat-In Kitchen: Yes

Flooring

Ceramic Tile: Yes
Wood: Yes

Parking Features

Garage Door Opener: Yes
Attached Garage: Yes
Garage: Yes

Property Condition

Resale: Yes

Fencing

Fenced: Yes

Possession

Close Of Escrow: Yes

Sewer

Septic Tank: Yes

Utilities

Water Available: Yes

Heating

Central: Yes

Sprinkler Description

Auto Sprinkler: Yes

Water Access

No Fixed Bridge: Yes
Ocean Access: Yes

Water View

Canal: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Gas Range: Yes
Microwave: Yes
Solar Hot Water: Yes
Washer: Yes

Construction Materials

CBS: Yes

Interior Features

Built-in Features: Yes
Entrance Foyer: Yes
High Ceilings: Yes
Pantry: Yes
Storage: Yes
Walk-In Closet(s): Yes

Laundry Features

Inside: Yes
Laundry Closet: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Roof

Metal: Yes

Water Source

Well: Yes

Waterfront Features

Canal Front: Yes
No Fixed Bridges: Yes

Architectural Style

Colonial: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Zoned: Yes

Showing Requirements

Appointment Only: Yes
Call Listing Agent: Yes
Text Listing Agent: Yes

Master Bedroom/Bath

Dual Sinks: Yes
Separate Shower: Yes

Pets Allowed YN

Yes: Yes

Restrictions

No Restrictions: Yes

Tax Information

Homestead Exemption: Yes

Outdoor Living Spaces

Balcony: Yes
Deck: Yes
Patio: Yes

Balcony Details

Balcony - Open: Yes

Patio Details

Patio - Covered: Yes

Contingencies

None: Yes

Acreage Description

Less Than 1/4 Acre Lot: Yes

Room Information

Room Name	Length	Width	Level
Living Room	22.00	19.00	First
Kitchen	14.00	14.00	First
Master Bedroom	17.00	13.00	Second
Bedroom 2	12.00	12.00	Second
Bedroom 3	12.00	12.00	Second
Den	14.00	11.00	First
Utility Room	13.00	8.00	First
Laundry

Listing Office: Sutter & Nugent LLC

Last Updated: June - 30 - 2026

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3122 SW Lake Terrace, Palm City, FL 34990 (MLS# R10985459)