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Sold for $1,450,000
    • $1,450,000

    5 Palama Way, Sewalls Pt, FL 34996

    5beds
    3,293sqft
    Single Family Residence
    Built in 2000
    0.48 Acres Lot
    $1,554,400 Zestimate®
    $440/sqft
    $6,146 Estimated rent

    Home value

    $1,554,400

    $1.46M - $1.68M

    $6,146/mo

    Zestimate® history
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    What's special

    Step into this exquisite Key West style estate in Castle Hill, boasting 5 bedrooms and 3.5 baths. Surrounded by majestic 100-year-old Oak Trees with elegant uplighting, the home beckons you with its sprawling wrap-around gazebo porch. Inside, you'll find a formal dining room, a cozy wood-burning fireplace, and a stunning kitchen complete with custom barn doors leading to a pantry, plantation shutters, and fresh paint inside and out. The living room flows seamlessly to a vast screened-in porch, which opens up to a magnificent heated pool with a new heater, artificial grass for easy upkeep, and lush landscaping for ultimate relaxation. The master bath and bedroom have been recently renovated and open up to a private balcony. Additional custom features include a Metal Roof, impact windows and door (except front door), extra parking, Icynene foam insulation (chemical-free), and more. Situated on a generous 21,000+ square foot lot, this property is a true oasis.

    Zillow last checked:

    Listing updated:

    Listed by:

    Sean Mann 772-229-1111,

    Beach Front Mann Realty

    Bought with:

    Tammie Epting, 3541798

    Illustrated Properties

    Source: Martin County REALTORS® of the Treasure Coast (MCRTC),MLS#: M20045721MLS LogoOriginating MLS: Martin County

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s), Electric
    Appliances
    • Included: Some Electric Appliances, Built-In Oven, Cooktop, Dryer, Dishwasher, Disposal, Ice Maker, Refrigerator, Water Heater, Washer
    Features
    • Built-in Features, Breakfast Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Family/Dining Room, French Door(s)/Atrium Door(s), Fireplace, High Ceilings, Kitchen Island, Kitchen/Dining Combo, Living/Dining Room, Pantry, Walk-In Closet(s)
    • Flooring: Carpet, Wood
    • Windows: Plantation Shutters, Impact Glass
    • Has fireplace: Yes
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 5,163
    • Total interior livable area: 3,293 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage, Garage Door Opener
    • Has attached garage: Yes
    • Covered spaces: 2
    Features
    • Stories: 2
    • Patio & porch: Balcony, Covered, Open, Patio, Porch, Screened, Wrap Around
    • Exterior features: Balcony, Fence, Sprinkler/Irrigation, Lighting, Outdoor Shower, Porch, Patio
    • Has private pool: Yes
    • Pool features: Heated, In Ground, Pool Equipment
    • Fencing: Yard Fenced
    Lot
    • Size: 0.48 Acres
    • Features: Cul-De-Sac
    Details
    • Parcel number: 263741015000002805

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Florida
    • Property subtype: Single Family Residence
    Materials
    • Block, Frame, Concrete
    • Roof: Metal
    Condition
    • Resale
    • Year built: 2000

    Utilities & green energy

    • Electric: Generator Hookup
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Non-Gated, Street Lights
    • Security: Security System Owned, Motion Detectors, Smoke Detector(s)
    • Subdivision: Castle Hill
    HOA
    • Has HOA: Yes
    • Services included: Maintenance Grounds
    • HOA fee: $102 monthly
    Location
    • Region: Sewalls Pt

    Financial & listing details

    • Price per square foot: $440/sqft
    • Tax assessed value: $1,205,270
    • Annual tax amount: $10,386
    • Date on market: 7/3/2024
    • Cumulative days on market: 125 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    11/25/2024Sold$1,450,000-4.9%$440/sqft
    Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20045721 Report a problem
    11/5/2024Pending sale$1,525,000$463/sqft
    Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20045721 Report a problem
    10/15/2024Price change$1,525,000-1.6%$463/sqft
    Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20045721 Report a problem
    7/8/2024Listed for sale$1,550,000+102.6%$471/sqft
    Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20045721 Report a problem
    5/29/2008Sold$764,900-23.3%$232/sqft
    Source: Public Record Report a problem
    2/23/2008Listing removed$997,900$303/sqft
    Source: Visual Tour #334539 Report a problem
    1/18/2008Listed for sale$997,900+1367.5%$303/sqft
    Source: Visual Tour #334539 Report a problem
    10/9/1998Sold$68,000-10.2%$21/sqft
    Source: Public Record Report a problem
    1/7/1997Sold$75,700$23/sqft
    Source: Public Record Report a problem
    7/19/1996Sold$75,700$23/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$18,640 +76%$1,205,270 +80.8%
    2024$10,589 +2%$666,627 +3%
    2023$10,386 +3.2%$647,211 +3%
    2022$10,062 -0.3%$628,361 +3%
    2021$10,089 +3.9%$610,060 +1.4%
    2020$9,710 +1.5%$601,638 +2.3%
    2019$9,566 $588,112 +1.9%
    2018$9,566 +1.2%$577,147 +2.1%
    2017$9,451 +10.1%$565,275 +2.1%
    2016$8,580 $553,648 +0.7%
    2015$8,580 $549,800 -2.4%
    2014$8,580 $563,230 -2.2%
    2013-- $575,991 +1.7%
    2012-- $566,362 +3%
    2011-- $549,866 +1.5%
    2010-- $541,739 +2.6%
    2009-- $528,182 +34.7%
    2008-- $392,001 +3%
    2007$8,055 -1.4%$380,582 +2.5%
    2006$8,173 $371,299 -3.3%
    2005-- $384,091
    Find assessor info on the county website

    Neighborhood: 34996

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    Estimated market value
    $1,554,400
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    Estimated market value
    $1,554,400

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