Lock in your investment now with 7% annual appreciation and a 2% interest rate reduction paid by the sellers if closed by September 30, 2024. Welcome to your move-in-ready, idyllic retreat for boating enthusiasts, nestled in the coveted neighborhood of Rustic Hills. This fully updated, tastefully curated designer's haven has been meticulously crafted with exquisite attention to every detail. The current owners recently invested $150,000 in upgrades, making this an obvious choice for those seeking both lifestyle and value. Enjoy picturesque canal views from the kitchen and family room, dine on the stylish travertine patio surrounded by lush, mature landscaping, and take advantage of your own private dock with a newer (2022) 10,000 lb ''Tide Tamer'' boat lift. The property offers water access from a private dock, capable of accommodating up to a 31-foot boat (check bridge clearance). Significant recent updates include: a newer roof (2021), designer luxury vinyl waterproof flooring throughout the first floor, providing a stylish and comfortable living environment, a beautifully updated kitchen that is a chef's delight, with sleek quartz counters, backsplash and designer appliances. A new spa-like master bathroom finished in marble tile offers a perfect retreat after a day of fishing or boating. Home is Equipped with Smart Light, and Thermostat Technology for Convenience and Energy Efficiency. This home is not only a paradise for boaters but may also be a great short-term rental for investors, offering guests tranquil surroundings, luxurious accommodations, and convenient water access. Experience the perfect blend of boating lifestyle and investment potential in this remarkable waterfront home. Call today for your exclusive tour.
Sold for $794,000
$794,000
1407 SW Peninsula Lane, Palm City, FL 34990
3beds
1,612sqft
Single Family Residence
Built in 1978
0.29 Acres Lot
$770,400 Zestimate®
$493/sqft
$3,684 Estimated rent
Home value
$770,400
$716,000 - $824,000
$3,684/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Kristina Holm 561-389-6521,
EXP Realty LLC
Bought with:
Sean Underwood, 0707607
Jupiter By the Sea Realty Inc
Source: BeachesMLS,MLS#: R11007587
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Description: buyer to verify
- Level: Main
- Area: 199.32
- Dimensions: 13.2 X 15.1
Kitchen
- Description: buyer to verify
- Level: Main
- Area: 156.01
- Dimensions: 11.9 X 13.11
Living room
- Description: buyer to verify
- Level: Main
- Area: 322.65
- Dimensions: 13.5 X 23.9
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator, Water Heater, Washer
- Laundry: Inside
Features
- Dual Sinks, Living/Dining Room, Main Level Primary
- Flooring: Carpet, Vinyl
- Windows: Jalousie
Interior area
- Total structure area: 1,636
- Total interior livable area: 1,612 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Carport
- Carport spaces: 2
- Details: CarportSpaces:2.00
Features
- Levels: Two
- Stories: 2
- Entry location: Entry Level Living Area Y
- Patio & porch: Deck, Patio
- Exterior features: Outdoor Living Area
- Has view: Yes
- View description: Canal, Lake
- Has water view: Yes
- Water view: Canal,Lake
- Waterfront features: Creek, Fixed Bridge, Navigable Water, Ocean Access
Lot
- Size: 0.29 Acres
- Features: 1/4 to 1/2 Acre Lot, Sprinkler System
Details
- Parcel number: 123840001000009706
- Zoning: R-2B
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: A-Frame
- Property subtype: Single Family Residence
Materials
- Block, Fiber Cement
- Roof: Composition,Shingle
Condition
- Resale
- New construction: No
- Year built: 1978
Utilities & green energy
- Electric: 3 Phase
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Natural Gas Available, Water Available
Community & HOA
Community
- Features: Home Owners Association
- Subdivision: RUSTIC HILLS
HOA
- Has HOA: Yes
- Amenities included: None
- HOA fee: $20 monthly
- HOA phone: 772-215-1449
Location
- Region: Palm City
Financial & listing details
- Price per square foot: $493/sqft
- Tax assessed value: $619,750
- Annual tax amount: $9,140
- Date on market: 7/27/2024
- Cumulative days on market: 32 days
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 9/30/2024 | Sold | $794,000-0.6%$493/sqft |
Source:  BeachesMLS #R11007587 Report a problem | ||
| 8/29/2024 | Listing removed | -- |
Source: BeachesMLS #R11012807 Report a problem | ||
| 8/15/2024 | Listed for rent | $5,000$3/sqft |
Source: BeachesMLS #R11012807 Report a problem | ||
| 7/27/2024 | Listed for sale | $799,000$496/sqft |
Source: BeachesMLS #RX-11007587 Report a problem | ||
| 7/23/2024 | Listing removed | $799,000$496/sqft |
Source: BHHS broker feed #M20044787 Report a problem | ||
| 7/21/2024 | Listed for sale | $799,000$496/sqft |
Source: BHHS broker feed #M20044787 Report a problem | ||
| 7/14/2024 | Pending sale | $799,000$496/sqft |
Source: BHHS broker feed #M20044787 Report a problem | ||
| 7/3/2024 | Price change | $799,000-3.6%$496/sqft |
Source:  Martin County REALTORS® of the Treasure Coast (MCRTC) #M20044787 Report a problem | ||
| 6/27/2024 | Pending sale | $829,000$514/sqft |
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20044787 Report a problem | ||
| 6/18/2024 | Price change | $829,000-3.5%$514/sqft |
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20044787 Report a problem | ||
| 5/8/2024 | Listed for sale | $859,000+31.1%$533/sqft |
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20044787 Report a problem | ||
| 2/17/2022 | Sold | $655,000-3.4%$406/sqft |
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20032230 Report a problem | ||
| 1/20/2022 | Pending sale | $678,000$421/sqft |
Source:  RE/MAX International #M20032230 Report a problem | ||
| 1/20/2022 | Contingent | $678,000$421/sqft |
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20032230 Report a problem | ||
| 12/23/2021 | Listed for sale | $678,000+396.7%$421/sqft |
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20032230 Report a problem | ||
| 5/7/1997 | Sold | $136,500$85/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,950 -3.5% | $584,994 +1.1% |
| 2024 | $9,280 +1.5% | $578,850 +2.8% |
| 2023 | $9,141 +245.3% | $563,300 +220.6% |
| 2022 | $2,647 +0.5% | $175,706 +3% |
| 2021 | $2,635 +3.8% | $170,589 +1.4% |
| 2020 | $2,539 +1.4% | $168,234 +2.3% |
| 2019 | $2,503 | $164,451 +3.7% |
| 2018 | $2,503 +4.8% | $158,578 +2.1% |
| 2017 | $2,388 +13.8% | $155,317 +2.1% |
| 2016 | $2,098 | $152,122 +0.7% |
| 2015 | $2,098 | $151,065 +0.8% |
| 2014 | $2,098 | $149,865 +1.5% |
| 2013 | -- | $147,650 -1.9% |
| 2012 | -- | $150,580 +3% |
| 2011 | -- | $146,194 +1.5% |
| 2010 | -- | $144,033 +2.7% |
| 2009 | -- | $140,245 +0.1% |
| 2008 | -- | $140,112 +3% |
| 2007 | $3,345 -4.3% | $136,028 +2.5% |
| 2006 | $3,495 | $132,710 +3% |
| 2005 | -- | $128,845 +5% |
| 2004 | $1,799 | $122,759 |
| 2003 | $1,799 +2.4% | $122,759 +2.4% |
| 2002 | $1,757 +1.7% | $119,883 +1.6% |
| 2001 | $1,727 +3.2% | $117,995 +3% |
| 2000 | $1,673 +3.9% | $114,558 +2.7% |
| 1999 | $1,611 | $111,546 |
Find assessor info on the county website
Neighborhood: 34990
Nearby homes
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- $825,0003 bd2 ba2.2k sqft1338 SW Evergreen Ln, Palm City, FL 34990Pending
- $855,9004 bd3 ba1.6k sqft1418 SW Peninsula Ln, Palm City, FL 34990Off Market
Nearby schools
GreatSchools rating
- 9/10Bessey Creek Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 8/10Hidden Oaks Middle SchoolGrades: 6-8Distance: 1.8 mi
- 6/10Martin County High SchoolGrades: 9-12Distance: 2.8 mi
Schools provided by the listing agent
- Elementary: Bessey Creek
- Middle: Hidden Oaks
- High: Martin County
Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$770,400
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$770,400
- Florida
- Martin County
- Palm City
- 34990
- 1407 SW Peninsula Lane
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