2 months on rocket

8029 Tea Olive Ter, Palmetto, FL, 34221

$495,000

Home List Price

$5,878*

Closing Credit

4 Bedrooms
3 Full Baths
1,643 SqFt
$301/SqFt
House

Location

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8029 Tea Olive Ter, Palmetto$495,000

Buyer Closing Credits

$5,878*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built2024
HeatingCentral, Natural Gas
CoolingCentral Air
MLS #TB8303862
Lot Size0.20 Acres
StatusActive

About 8029 Tea Olive Ter

Welcome to the exquisite 8029 Tea Olive Terrace, a remarkable residence that has been meticulously crafted just seven months ago by the highly acclaimed builder, William-Ryan Homes. This stunning property is situated in the tranquil and picturesque community of Palmetto, Florida, conveniently located just minutes away from the major thoroughfare of I-75, providing easy access to an amazing up and coming area. Constructed in 2024, this beautiful home seamlessly combines modern comfort with the inviting charm of coastal living. It features an impressive layout that includes four generously sized bedrooms and three full bathrooms, making it the perfect sanctuary for families of all sizes. One of the standout features of this property is that it occupies the largest lot in the entire subdivision, offering an expansive fenced-in yard that is perfect for both relaxation and recreation. Imagine hosting summer barbecues, playing with pets, or simply enjoying the serene surroundings in your own private outdoor oasis. As you unwind in the evenings, you can take in the breathtaking views of your very own man-made lake, which adds a unique touch to the peaceful ambiance of this special retreat. The coastal-inspired exterior design of the home is sure to impress, showcasing an inviting façade complemented by charming architectural details that enhance its curb appeal. Step inside, and you will be greeted by an open and airy floor plan that has been thoughtfully designed to maximize both space and natural light. This creates a warm and welcoming atmosphere that is perfect for everyday living as well as entertaining guests. Whether you are hosting a dinner party or enjoying a quiet night in, this home provides the ideal backdrop for all of life’s moments. This is an exceptional opportunity to own a stunning home with a serene lake view and ample outdoor space in a highly sought-after location in Palmetto. Don’t let this chance pass you by! Schedule your visit today and come experience the beauty, tranquility, and lifestyle Your dream home awaits! SELLER WILL CONSIDER A LONG-TERM LEASE.

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Living Area: 1,643 SqFt

Listing Office:

  • Office Name: DALTON WADE INC
  • Office Phone: (888) 668-8283
  • Listing Agent: Cynthia Vazquez Lane

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
  • Flooring Type: Carpet, Ceramic Tile, Tile
  • Interior: Crown Molding, Eat-in Kitchen, High Ceilings, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Hurricane Shutters, Irrigation System, Sidewalk, Sliding Doors, Sprinkler Metered

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Take Exit 229 for I-275 North toward Tampa. Merge onto I-275 North and follow for approximately 10 miles. Take Exit 22 for US-41 South (also known as 14th Street W). Merge onto US-41 South and continue for about 4 miles. Turn right onto 6100 14th St W. This street may also be known as 14th St W or 14th Street W. Continue on 6100 14th St W for approximately 1 mile. Turn left onto 16th Ave W. Follow 16th Ave W for about 1 mile, then turn right onto Tea Olive Terrace. Continue on Tea Olive Terrace; 8029 Tea Olive Terrace will be on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $495,000
  • Price Per SqFt: $301/SqFt

HOA Fees:

  • Amount: $115
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Palmetto, FL.

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Palmetto, FL

City

Med. Sold Price

$391.1K

Med. Price/SqFt

$218

Avg. Days On Market

64

# of Sold Homes

55

8029 Tea Olive Ter vs Palmetto

62 DAYS ON ROCKET

-2 Days

$495,000

+$103.8K More

$301/SqFt

+$83 More

KEY TAKEAWAY

This property is $103.8K more than the Median Sold Price and $83/SqFt more than other homes in Palmetto, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #TB8303862

Listing Office:

  • Office Name: DALTON WADE INC
  • Office Phone: (888) 668-8283
  • Listing Agent: Cynthia Vazquez Lane

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 3:20:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,653

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,551

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.

Nearby Schools

school-card-donut-420475
7
/10

  • Virgil Mills Elementary School

  • 7200 69th St E

  • 0.97 miles

  • Public District Grades PK-5

school-card-donut-420476
4
/10

  • Parrish Charter Academy

  • 8605 Erie Rd

  • 1.79 miles

  • Public Charter Grades KG-4

school-card-donut-420477
8
/10

  • Barbara a Harvey Elementary School

  • 8610 115th Ave E

  • 3.56 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $78,188. The most common annual income of people living in Palmetto, FL is between $35k-100k. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8029 Tea Olive Ter

What is the listing price of this property?

The listing price of 8029 Tea Olive Ter property is $495,000.

What type of property is this?

The property 8029 Tea Olive Ter is a house located in Palmetto, Florida, 34221.

Is this property for sale now?

Active Listing: 8029 Tea Olive Ter is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 8029 Tea Olive Ter has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 8029 Tea Olive Ter is 1,643 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8029 Tea Olive Ter is 2024.

Rocket Homes›Florida›Manatee County›Palmetto›34221›8029 Tea Olive Ter

This home is located at 8029 Tea Olive Ter in Palmetto, FL and zip code 34221. This 1,643 square foot home, which was built in 2024, sits on a 0.20 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 14, 2024 and is currently priced at $495,000.

While more than 6 listings in Palmetto, FL in October 2024 were sold above asking price, there were more than 13 listings sold at asking price, and more than 36 were sold below. The number of listings in Palmetto, FL decreased by 11.3% between September 2024 and October 2024. In October 2024 median list price was $391,134 and the average listing age was 64 days.

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

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