5244 SW Orchid Bay Dr, Palm City, FL, 34990

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5244 SW Orchid Bay Dr, Palm City$1,690,000

Buyer Closing Credits

$10,000^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingDriveway, Garage - Attached

Attached Garage3 spaces

Year Built1999

HeatingCentral, Electric

CoolingCentral Air, Electric

WaterfrontLake Front

FireplaceFireplace(s)

ViewGarden, Lake

Private PoolYes

MLS #RX-11017766

StatusActive

About 5244 SW Orchid Bay Dr

Stunning Lakefront Property with Key West Style Home and Adjacent Lot. Welcome to your dream home! This beautiful, spacious Key West style residence is nestled on a picturesque lakefront lot, offering breathtaking views and serene living. The property includes an adjacent lot at 5266 Orchid Bay Drive. Together, both lots total over an acre, featuring magical gardens and serene lakefront views. This provides ample space and potential for expansion, creating your own private oasis or future development. An enchanting pool overlooks the lake, ideal for entertaining guests or unwinding after a long day. Enjoy picturesque sunsets and tranquil mornings by the lake, making every day feel like a vacation.

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Property Details

Property Features

Property Information:

• Architectural Style: Key West
• Year Built: 1999
• Stories: 2
• Living Area: 2,780 SqFt

Listing Office:

• Office Name: One Sotheby's Int'l Realty
• Office Phone: (772) 222-5215
• Listing Agent: Jill F Arsenault

Interior Features

Interior Information:

• Appliances: Automatic Garage Door Opener, Central Vacuum, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Oven, Washer, Gas Water Heater, Water Softener
• Flooring Type: Carpet, Ceramic Tile, Wood Floor
• Interior: Entry Lvl Lvng Area, Fireplace(s), Foyer, French Door, Kitchen Island, Laundry Tub, Pantry, Walk-in Closet
• Fireplace: Fireplace(s)

Bedroom and Bathroom Information:

• Full Bathrooms: 3
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• Private Pool: Yes
• Waterfront: Lake Front
• View: Garden, Lake
• Exterior: Auto Sprinkler, Lake/Canal Sprinkler, Wrap Porch

Parking Information:

• Garage Space: 3 spaces
• Attached Garage: Yes
• Parking: Driveway, Garage - Attached

Virtual/3D Tour

• Virtual Tour: 5244 SW Orchid Bay Dr

Virtual Tour

Lot Features

Lot Information:

• Lot: Paved, Sidewalk, Trees

Utilities

Utilities Information:

• Heating: Central, Electric
• Cooling: Central Air, Electric

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: $1,690,000
• Price Per SqFt: $608/SqFt

HOA Fees:

• Amount: $182
• Frequency: Monthly

Tax Information:

• Annual Amount: $7,612
• Tax Year: 2020

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Housing Market Comparison

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

Palm City, FL

City

Med. Sold Price

$691K

Med. Price/SqFt

$290

Avg. Days On Market

66

# of Sold Homes

19

5244 SW Orchid Bay Dr vs Palm City

105 DAYS ON ROCKET

+39 Days

$1,690,000

+$999K More

$608/SqFt

+$317 More

KEY TAKEAWAY

This property is $999K more than the Median Sold Price and $317/SqFt more than other homes in Palm City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Number: #RX-11017766

Listing Office:

• Office Name: One Sotheby's Int'l Realty
• Office Phone: (772) 222-5215
• Listing Agent: Jill F Arsenault

All 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: 12/18/2024, 1:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Oct 04, 2016	Oct 04, 2016Home Sold	$550,000
Sep 12, 2000	Sep 12, 2000Home Sold	$69,900

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$7,612	$385,150
2019	$7,855	$400,800
2017	$6,505	$366,950

History based on county public records data.

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**Disclosures

Rocket Homes›Florida›Martin County›Palm City›34990›5244 SW Orchid Bay Dr

This home is located at 5244 SW Orchid Bay Dr in Palm City, FL and zip code 34990. This 2,780 square foot home was built in 1999. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 03, 2024 and is currently priced at $1,690,000.

Over 1 listings were sold over their listed price in November 2024 in Palm City, FL. In the same period over 17 listings were sold below the listed price and 1 listings were sold for the listed price. The number of homes for sale in Palm City, FL increased by 2.1% between October 2024 and November 2024. The median list price of listings available in November 2024 was $691,000, while the average time on the real estate market was 66 days.

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