2901 Southwest Lake Terrace

Palm City, FL 34990

$3,500,000
Price
7
Beds
7
Baths
1
1/2 Bath
5,476 Sq. Ft.
$639 / Sq. Ft.
5,476
Sq. Ft.
$639
per Sq. Ft.

Description

10.34 acre waterfront property offering ultimate privacy. A Legacy Estate featuring two CBS poured concrete structures consisting of a 5 BD / 4.5 BA Main house (Two Primary Suites - main level and upstairs) and a 2 BD / 2.5 BA Guest House over a 4 Car Garage. No fixed bridges and dockage for up to an approximately 50 ft +/- boat. Impact windows and doors, raised property elevation, metal roof, solid core interior doors, 10 ft & 22ft volume ceilings, and quality finishes throughout.10.34 acre waterfront property offering ultimate privacy. A Legacy Estate featuring two CBS poured concrete structures consisting of a 5 BD / 4.5 BA Main house (Two Primary Suites - main level and upstairs) and a 2 BD / 2.5 BA Guest House over a 4 Car Garage. No fixed bridges and dockage for up to an approximately 50 ft +/- boat. Impact windows and doors, raised property elevation, metal roof, solid core interior doors, 10 ft & 22ft volume ceilings, and quality finishes throughout.
  1. Listed by Charles A Forcucci • Douglas Elliman (Jupiter)

Property Details for 2901 Southwest Lake Terrace

Subdivision
M & W LAND MINOR PLAT 1
Design
Multi-Level, Other Arch
Waterfront
Yes
Waterfront Details
Navigable, No Fixed Bridges, Ocean Access
View
Canal, Preserve
Furnished
Furniture Negotiable
Style
WF/Pool/Ocean Access
LISTING UPDATED: 10/29/2024 09:39 AM

Property Details for 2901 Southwest Lake Terrace

StatusActive
MLS #RX-10994601
Days on Market165
Taxes$11,183 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeSingle Family / Single Family Detached
Year Built2001
Lot Size10.93 AC / 476,259 SF
CountyMartin County

Building Information for 2901 Southwest Lake Terrace

Stories2Year Built2001Building Size-Lot Size10.93 AC / 476,259 SF

Property Information for 2901 Southwest Lake Terrace

Summary
Location and General Information
  • Boat Services: Electric Available, Lift, Private Dock, Up to 20 Ft Boat, Up to 30 Ft Boat, Up to 40 Ft Boat, Up to 50 Ft Boat, Water Available
  • Property Condition: Resale
  • Directions: High Meadows Ave or Murphy Road to Roundabout, North on Covered Bridge Dr to property
  • Elementary School: Bessey Creek Elementary School
  • Middle School: Hidden Oaks Middle School
  • High School: Martin County High School
  • Geo Area: MA09
  • Special Info: Survey
  • Street Number: 2901
  • Subdivision Complex Bldg: M & W LAND MINOR PLAT 1
  • Municipal Code: Palm City
  • Boat Access: Electric Available, Lift, Private Dock, Up to 20 Ft Boat, Up to 30 Ft Boat, Up to 40 Ft Boat, Up to 50 Ft Boat, Water Available
  • State: FL
  • City Postal ID: 34990
  • MLS Area: 9 - Palm City
  • MLS Sub Area: MA09
Parking
  • Garage Spaces: 4
  • Parking: 2 Or More Spaces, Circular Drive, Driveway, Garage - Attached, Open Space Parking, Rv/Boat Parking
  • Covered Spaces: 4
Taxes and HOA Information
  • Governing Bodies: None
  • HOPA: No Hopa
  • Association Deposit: No
  • Tax Year: 2023
  • Capital Contribution: No
  • Type of Governing Bodies: None
Property
Lot Information
  • Area: 9 - Palm City
  • Front Exp: East
  • HOA Amenities: None
  • Lot Description: 10 to <25 Acres
  • Parcel ID: 013840006000000204
  • Property Group ID: 19990816212109142258000000
  • REO: No
  • Special Assessment: No
  • SqFt - Guest House: 1608.0
  • Sq Ft Total: 7,882
  • Square Ft Source: Tax Rolls
  • Zoning: R-1A
  • GuestHouse: 1608
  • Front Exposure: East
Property and Assessments
  • Legal Desc: M W LAND MINOR PLAT 1 LOT 2
  • Sq Ft Liv Area: 5476.0
  • Legal Description: M W LAND MINOR PLAT 1 LOT 2
Utilities
  • Utilities: Cable, Electric, Gas Bottle, Septic, Well Water
Interior and Exterior Features
Exterior Features
  • Construction: Concrete Block Construction, Concrete Block With Brick, Cbs Construction, Other Construction
  • Equip/Appl Included: Auto Garage Open, Dishwasher, Disposal, Dryer, Freezer, Range - Gas, Refrigerator, Washer
  • Exterior Features: Covered Patio, Deck, Open Balcony, Open Patio, Screen Porch, Screened Balcony
  • Private Pool: Yes
  • Security: Gate - Unmanned
  • Storm Protection: Impact Glass: Complete
  • Subdiv Amenities: None
  • Year Roof Installed: 2001
  • Gated Community YN: No
Interior Features
  • Roof: Metal
  • Cooling: Ceiling Fan, Central, Electric
  • Flooring: Carpet, Other, Wood Floor
  • Heating: Central, Electric
  • Interior Features: Bar, Built-in Shelves, Decorative Fireplace, Entry Lvl Lvng Area, Fireplace(s), Foyer, Kitchen Island, Pantry, Split Bedroom, Upstairs Living Area, Volume Ceiling, Walk-in Closet, Wet Bar
  • Window Treatments: Hurricane Windows, Impact Glass
  • Dining Area: Dining/Kitchen, Formal
  • Main Level Bedrooms: 2
  • Main Level Bathrooms: 2
  • Guest Accommodations: Yes
  • Master Bath Features: 2 Master Suites, Dual Sinks, Mstr Bdrm - Ground, Mstr Bdrm - Upstairs, Separate Shower, Separate Tub
  • Master Bathroom Description: 2 Master Suites, Dual Sinks, Mstr Bdrm - Ground, Mstr Bdrm - Upstairs, Separate Shower, Separate Tub
  • Baths Total: 7
Master Bedroom
  • Primary Bedroom/Bath: 2 Master Suites, Dual Sinks, Mstr Bdrm - Ground, Mstr Bdrm - Upstairs, Separate Shower, Separate Tub
Porch
  • PatioFeatures: Balcony, Patio
Multi Family
Multi-Family Information
  • Stories: 2.0
Rental
Rental Information
  • Pets on Premises: No
  • Pets Allowed: Yes

Property History for 2901 Southwest Lake Terrace

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2901 Southwest Lake Terrace

Taxable ValueLand-Additions-Total-
Tax Record2023$11,183 ($932 / month)
Home Facts
Beds2Baths9.5Total Finished SqFt5,476 SqFtAbove Grade Finished SqFt5,476 SqFtStories2Lot Size450,410 SqFtStyleSingle Family ResidenceYear Built1994CountyMARTINAPN01-38-40-006-000-00020-4

Schools near 2901 Southwest Lake Terrace

This home is within Martin.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 8 to 12
Rating
School
Distance
Bessey Creek Elementary School
PublicPK to 5

Hidden Oaks Middle School
Public6 to 8

Martin County High School
Public9 to 12

Martin County Acceleration Academies
Public8 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

2901 Southwest Lake Terrace is a single family home for sale in Palm City, FL 34990. This property was listed for sale on June 8, 2024 by Douglas Elliman (Jupiter), it's currently listed at $3,500,000. It has been on the market for a total of 165 days and was last sold on March 6, 2003. This listing's school district is Martin. Nearby schools include Bessey Creek Elementary School, Hidden Oaks Middle School and Martin County High School. 2901 Southwest Lake Terrace is a 7-bed, 7.5-bath, 5,476 sqft single family home built in 2001.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Douglas Elliman (Jupiter)

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.