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Off market
    • $708,500

    2868 SW Lake Ter, Palm City, FL 34990

    3beds
    1,920sqft
    SingleFamily
    Built in 1973
    0.25 Acres Lot
    $708,500 Zestimate®
    $369/sqft
    $4,276 Estimated rent

    Home value

    $708,500

    $652,000 - $772,000

    $4,276/mo

    Zestimate® history
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    What's special

    A water lovers delight! This 3/3 home has an open floor plan with patios on all 3 levels! The main level has sweeping views of the canal with floor to ceiling windows. The downstairs has a kitchenette and large area for entertaining and is perfect for that pool table you always wanted! Love to boat? The house has a dock and 9000 lb boat lift! Located in Rustic Hills, a well sought after and friendly neighborhood. Updates include upgraded designer kitchen with quartzite countertops (2017), new metal roof (2016), water softener (2017), newly painted (2017), upgraded bathrooms, and more.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Range / Oven, Refrigerator
    • Laundry: Inside
    Features
    • Wet Bar, Storage, Family, Ctdrl/Vault Ceilings
    • Flooring: Tile, Carpet, Hardwood
    • Windows: Skylight(s)
    • Basement: Finished
    • Has fireplace: Yes
    • Fireplace features: Fireplace(s)
    Interior area
    • Total interior livable area: 1,920 sqft

    Property

    Parking
    • Total spaces: 1
    Features
    • Exterior features: Wood
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: River Front, Ocean Access, Fixed Bridges
    Lot
    • Size: 0.25 Acres
    • Features: 1/4 to 1/2 Acre
    Details
    • Additional structures: Shed(s)
    • Parcel number: 123840001000017500
    • Zoning: RES

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Multi Level, Key West
    Materials
    • Wood
    • Roof: Metal
    Condition
    • Resale
    • Year built: 1973

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $20 monthly
    Location
    • Region: Palm City

    Financial & listing details

    • Price per square foot: $369/sqft
    • Tax assessed value: $668,970
    • Annual tax amount: $464
    • Inclusions: Refrigerator, Dishwasher, Range - Electric

    Price history

    DateEventPrice
    6/27/2019Sold$450,000-1.1%$234/sqft
    Source: BeachesMLS #R10529002 Report a problem
    5/1/2019Listed for sale$455,000+40%$237/sqft
    Source: Owner Report a problem
    7/26/2013Sold$325,000+124.1%$169/sqft
    Source: Public Record Report a problem
    6/27/1995Sold$145,000$76/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$464 +4.4%$478,079 +2.9%
    2024$445 -93.3%$464,606 +10.7%
    2023$6,663 +3.7%$419,882 +3%
    2022$6,424 -1.7%$407,653 +3%
    2021$6,532 -5.3%$395,780 +4.9%
    2020$6,900 +63%$377,270 +43.6%
    2019$4,232 $262,757 +1.9%
    2018$4,232 +2.4%$257,858 +2.1%
    2017$4,133 +13.6%$252,554 +2.1%
    2016$3,639 $247,359 +0.7%
    2015$3,639 $245,639 +0.8%
    2014$3,639 $243,690 +75.7%
    2013-- $138,710 -8.1%
    2012-- $150,910 -0.4%
    2011-- $151,535 +1.5%
    2010-- $149,296 +2.7%
    2009-- $145,370 +0.1%
    2008-- $145,230 +3%
    2007$3,347 -3.3%$140,998 +2.5%
    2006$3,462 $137,558 +3%
    2005-- $133,551 +5%
    2004$1,882 $127,243
    2003$1,882 +2.4%$127,243 +2.4%
    2002$1,838 +1.7%$124,261 +1.6%
    2001$1,807 +3.2%$122,304 +3%
    2000$1,751 +2.7%$118,742 +1.8%
    1999$1,706 $116,660
    Find assessor info on the county website

    Neighborhood: 34990

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Bessey Creek Elementary School
    • Middle: Hidden Oaks Middle School
    • High: Martin County High School

    Source: The MLS. 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
    $708,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $708,500

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