Sold for $497,000

$497,000

2675 SW Prospect Place, Palm City, FL 34990

3beds

1,563sqft

Single Family Residence

Built in 1990

-- sqft lot

$495,100 Zestimate^®

$318/sqft

$3,574 Estimated rent

Home value

$495,100

$446,000 - $550,000

$3,574/mo

Zestimate^® history

Owner options

List your home for rent

$3,574/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$3,574/mo

Rent Zestimate^®

Refinance and save

$3,888/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$3,888/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

Live the Florida fun in the sun dream in this luxurious 3/2 pool home with a stunning lake view! Freshly remodeled in 2024, this home features a chef's kitchen with induction cooktop and dual convection ovens, all kitchen appliances purchased new in 2023. Kitchen upgrades include mood lighting under cabinets and sea glass pendant lighting above the island. The elegant look is enhanced with Quartz countertops with matching backsplash. This Bedford model has hurricane protection, including impact windows and poured solid concrete construction. New plank tile flooring, base boards and door trim give this home a modern feel. New fans and light fixtures were installed, house was re-piped to remove all polybutene pipes. New metal roof and AC in 2020.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2
Main level bedrooms: 3

Heating

Central

Cooling

Central Air, Electric

Appliances

Included: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator

Features

Bathtub, Dual Sinks, Soaking Tub, Separate Shower
Flooring: Ceramic Tile

Interior area

Total structure area: 1,983
Total interior livable area: 1,563 sqft

Property

Parking

Total spaces: 2
Parking features: Attached, Garage
Attached garage spaces: 2

Features

Levels: One
Stories: 1
Entry location: Entry Level Living Area Y
Has private pool: Yes
Pool features: In Ground, Association
Has view: Yes
View description: Lake
Has water view: Yes
Water view: Lake
Waterfront features: Lake Front

Details

Parcel number: 123840010000003907
Zoning: RES

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Block
Roof: Metal

Condition

Resale
New construction: No
Year built: 1990

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Sewer Available, Water Available

Community & HOA

Community

Features: Home Owners Association, Gated
Security: Gated with Guard, Gated Community
Subdivision: Meadows Prcl 61 & 61

HOA

Has HOA: Yes
Amenities included: Clubhouse, Picnic Area, Playground, Pickleball, Park, Pool, Tennis Court(s)
Services included: Common Areas, Cable TV, Recreation Facilities
HOA fee: $354 monthly

Location

Region: Palm City

Financial & listing details

Price per square foot: $318/sqft
Tax assessed value: $381,850
Annual tax amount: $7,081
Date on market: 1/14/2025
Cumulative days on market: 67 days
Listing terms: Cash,Conventional,FHA

Price history

Date	Event	Price
2/28/2025	Sold	$497,000-5.3%$318/sqft
Source: BeachesMLS #R11039097 Report a problem
2/17/2025	Pending sale	$525,000$336/sqft
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20047004 Report a problem
2/2/2025	Contingent	$525,000$336/sqft
Source: Illustrated Properties #M20047004 Report a problem
1/19/2025	Price change	$525,000-7.1%$336/sqft
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20047004 Report a problem
11/26/2024	Price change	$565,000-1.7%$361/sqft
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20047004 Report a problem
10/18/2024	Price change	$575,000-2.5%$368/sqft
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20047004 Report a problem
8/20/2024	Price change	$589,900-1.7%$377/sqft
Source: BeachesMLS #RX-11010715 Report a problem
8/8/2024	Listed for sale	$599,900+20%$384/sqft
Source: BeachesMLS #RX-11010715 Report a problem
8/25/2023	Sold	$500,000-4.8%$320/sqft
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20039484 Report a problem
7/25/2023	Pending sale	$525,000$336/sqft
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20039484 Report a problem
7/18/2023	Contingent	$525,000$336/sqft
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20039484 Report a problem
5/20/2023	Listed for sale	$525,000+228.1%$336/sqft
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20039484 Report a problem
6/9/1995	Sold	$160,000$102/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,539 -0.6%	$300,469 +2.9%
2024	$4,565 -35.5%	$292,001 -26.5%
2023	$7,081 +10.3%	$397,342 +10%
2022	$6,417 +115.9%	$361,220 +90.1%
2021	$2,972 +3.4%	$190,053 +1.4%
2020	$2,874 +1.4%	$187,429 +2.3%
2019	$2,835	$183,216 +1.9%
2018	$2,835 +2.7%	$179,799 +2.1%
2017	$2,761 +17.7%	$176,101 +2.1%
2016	$2,345	$172,479 +0.7%
2015	$2,345	$171,280 +0.8%
2014	$2,345	$169,921 +1.5%
2013	--	$167,410 -9.5%
2012	--	$184,916 +3%
2011	--	$179,530 -0.5%
2010	--	$180,364 +2.7%
2009	--	$175,586 +0.1%
2008	--	$175,452 +3%
2007	$3,010 -3.7%	$170,340 +2.5%
2006	$3,126	$166,186 +2.1%
2005	--	$162,794 +5%
2004	$2,303	$155,105
2003	$2,303 -1.3%	$155,105 +2.4%
2002	$2,332 +1.2%	$151,469 +1.6%
2001	$2,304 +3%	$149,084 +3%
2000	$2,237 +2.6%	$144,742 +1.8%
1999	$2,180	$142,135