7492 SW 40th Ter, Palm City, FL, 34990

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7492 SW 40th Ter, Palm City$699,999

Buyer Closing Credits

$8,312^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingDriveway

Year Built2010

HeatingCentral, Electric

CoolingCentral Air, Electric

WaterfrontPond

MLS #RX-11023661

StatusActive

About 7492 SW 40th Ter

Nestled on just over an acre of serene land, this remodeled home in Palm City offers modern elegance and ample space. Highlights include a brand new 2024 roof, luxury vinyl flooring throughout, a freshly painted interior, and stylish new light fixtures. The open floor plan with high ceilings creates an airy, inviting atmosphere. The spacious kitchen is a chef's dream, featuring abundant countertop space and brand new stainless steel appliances. The luxurious master suite boasts an updated bathroom with a large soaking tub, separate shower, and generous space. Enjoy the outdoors in the expansive backyard, perfect for entertaining with room for a pool, a private pond, and a cozy fire pit. This home is a perfect blend of comfort, style, and functionality, ready to welcome its new owners.

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Property Details

Property Features

Property Information:

• Architectural Style: Ranch
• Year Built: 2010
• Stories: 1
• Living Area: 1,926 SqFt

Listing Office:

• Office Name: Baron Real Estate
• Office Phone: (772) 631-2228
• Listing Agent: Zachary J. Leider

Interior Features

Interior Information:

• Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
• Flooring Type: Vinyl Floor
• Interior: Ctdrl/Vault Ceilings, Split Bedroom

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• Private Pool: No
• Waterfront: Pond
• Exterior: Room for Pool

Parking Information:

• Parking: Driveway

Virtual/3D Tour

• Virtual Tour: 7492 SW 40th Ter

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Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

• South Fork High School, Public District Grades 9-12
• Hidden Oaks Middle School, Public District Grades 6-8
• Citrus Grove Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

• List Price: $699,999
• Price Per SqFt: $363/SqFt

Tax Information:

• Annual Amount: $1,661
• 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

$683.6K

Med. Price/SqFt

$286

Avg. Days On Market

63

# of Sold Homes

27

7492 SW 40th Ter vs Palm City

37 DAYS ON ROCKET

-26 Days

$699,999

+$16.3K More

$363/SqFt

+$76 More

KEY TAKEAWAY

This property is $16.3K more than the Median Sold Price and $76/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-11023661

Listing Office:

• Office Name: Baron Real Estate
• Office Phone: (772) 631-2228
• Listing Agent: Zachary J. Leider

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: 10/31/2024, 9:20:49 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

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$1,661	$117,918
2019	$1,589	$115,267
2017	$1,499	$110,789

History based on county public records data.

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**Disclosures

Rocket Homes›Florida›Martin County›Palm City›34990›7492 SW 40th Ter

This home is located at 7492 SW 40th Ter in Palm City, FL and zip code 34990. This 1,926 square foot home was built in 2010. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 24, 2024 and is currently priced at $699,999.

In September 2024 more than 0 listings in Palm City, FL were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 25 were sold below. Between August 2024 and September 2024, Palm City, FL real estate market has seen increase in the number of listings by 1.2%. The median list price of listings available in September 2024 was $683,666, while the average time on the real estate market was 63 days.

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