This gorgeous home is in the desired gated community of Orchid Bay & sits on over 1 acre of land with lavish landscaping, pavered driveway & walkways. This home has over 4100 total sq.ft & has been beautifully renovated throughout. This CBS home has 4br/3ba/office/2 car garage. The outdoor living space takes center stage, with a huge, covered lanai & screened in pool area adjacent to the cabana bathroom. Other features include split bedrooms, new roof, new tile floors, a gourmet kitchen with wood cabinets, center island, quartz counter tops, 48-inch gas range, & a coffee station. Brand new bathrooms, new a/c unit, pool has been resurfaced & retiled, painted inside & out. Partial impact windows, accordion shutters, panel shutters & automatic shutters on the front door & front window. New electrical boxes, new tankless water heater, & new pool pump. Orchid Bay boasts 4 lakes stocked with fish, 2 tennis courts, a playground, sand volleyball court, canoe/kayak launch & another gazebo in the 3+ acre recreation area for community events
Sold for $1,130,000
$1,130,000
5002 SW Orchid Bay Drive, Palm City, FL 34990
4beds
2,956sqft
Single Family Residence
Built in 1997
1.01 Acres Lot
$1,261,100 Zestimate®
$382/sqft
$6,061 Estimated rent
Home value
$1,261,100
$1.19M - $1.36M
$6,061/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Nena Pike 561-262-3750,
Donohue Real Estate, LLC
Bought with:
Edward Zakarian, 3390094
Raya
Liza Revelo, 3521565
Raya
Source: BeachesMLS,MLS#: R10906802
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 3
- Main level bedrooms: 4
Primary bedroom
- Level: Main
- Area: 272
- Dimensions: 17 X 16
Bedroom 2
- Area: 168
- Dimensions: 14 X 12
Bedroom 3
- Area: 196
- Dimensions: 14 X 14
Bedroom 4
- Area: 168
- Dimensions: 14 X 12
Den
- Area: 110
- Dimensions: 11 X 10
Dining room
- Level: Main
- Area: 120
- Dimensions: 12 X 10
Family room
- Level: Main
- Area: 208
- Dimensions: 16 X 13
Kitchen
- Level: Main
- Area: 195
- Dimensions: 15 X 13
Living room
- Level: Main
- Area: 374
- Dimensions: 22 X 17
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dryer, Dishwasher, Gas Range, Microwave, Refrigerator, Washer
- Laundry: Washer Hookup, Inside, Laundry Tub
Features
- Breakfast Area, Dining Area, Separate/Formal Dining Room, Dual Sinks, High Ceilings, Kitchen Island, Main Level Primary, Pantry, Split Bedrooms, Separate Shower, Walk-In Closet(s)
- Flooring: Marble
- Windows: Arched
Interior area
- Total structure area: 4,139
- Total interior livable area: 2,956 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage, Garage Door Opener
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio, Porch, Screened
- Exterior features: Outdoor Living Area, Outdoor Shower
- Has private pool: Yes
- Pool features: In Ground, Screen Enclosure
- Has view: Yes
- View description: Pool
- Waterfront features: None
Lot
- Size: 1.01 Acres
- Dimensions: 1.012 acres
- Features: 1-2 Acres, Cul-De-Sac, Irregular Lot, Sprinklers Automatic
Details
- Parcel number: 433841002000014006
- Zoning: RE-1/2A
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block
- Roof: Metal
Condition
- Resale
- New construction: No
- Year built: 1997
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Water Available
Community & HOA
Community
- Features: Home Owners Association, Gated, Sidewalks
- Security: Gated Community, Smoke Detector(s)
- Subdivision: Orchid Bay
HOA
- Has HOA: Yes
- Amenities included: Playground, Sidewalks, Tennis Court(s)
- Services included: Common Areas, Recreation Facilities
- HOA fee: $186 monthly
Location
- Region: Palm City
Financial & listing details
- Price per square foot: $382/sqft
- Tax assessed value: $932,490
- Annual tax amount: $5,719
- Date on market: 8/14/2023
- Cumulative days on market: 115 days
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 8/30/2023 | Sold | $1,130,000-5%$382/sqft |
Source:  BeachesMLS #R10906802 Report a problem | ||
| 8/28/2023 | Pending sale | $1,189,000$402/sqft |
Source: BeachesMLS #RX-10906802 Report a problem | ||
| 8/8/2023 | Listed for sale | $1,189,000$402/sqft |
Source: BeachesMLS #RX-10906802 Report a problem | ||
| 8/3/2023 | Contingent | $1,189,000$402/sqft |
Source: BeachesMLS #RX-10906802 Report a problem | ||
| 7/25/2023 | Listed for sale | $1,189,000-0.8%$402/sqft |
Source: BeachesMLS #RX-10906802 Report a problem | ||
| 7/15/2023 | Listing removed | $1,199,000$406/sqft |
Source: BeachesMLS #RX-10882902 Report a problem | ||
| 6/27/2023 | Price change | $1,199,000-3.3%$406/sqft |
Source: BeachesMLS #RX-10882902 Report a problem | ||
| 6/22/2023 | Price change | $1,240,000-0.8%$419/sqft |
Source: BeachesMLS #RX-10882902 Report a problem | ||
| 5/31/2023 | Price change | $1,250,000-5.2%$423/sqft |
Source: BeachesMLS #RX-10882902 Report a problem | ||
| 5/10/2023 | Price change | $1,319,000-5%$446/sqft |
Source: BeachesMLS #RX-10882902 Report a problem | ||
| 4/19/2023 | Listed for sale | $1,389,000+112.1%$470/sqft |
Source: BeachesMLS #RX-10882902 Report a problem | ||
| 11/10/2022 | Sold | $654,900+0.8%$222/sqft |
Source:  Martin County REALTORS® of the Treasure Coast (MCRTC) #M20036566 Report a problem | ||
| 10/27/2022 | Pending sale | $649,900$220/sqft |
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20036566 Report a problem | ||
| 10/24/2022 | Contingent | $649,900$220/sqft |
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20036566 Report a problem | ||
| 10/20/2022 | Listed for sale | $649,900$220/sqft |
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20036566 Report a problem | ||
| 12/21/2008 | Listing removed | $649,900$220/sqft |
Source: Homes & Land #338497 Report a problem | ||
| 8/2/2008 | Listed for sale | $649,900+1285.7%$220/sqft |
Source: Homes & Land #338497 Report a problem | ||
| 10/21/1996 | Sold | $46,900$16/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,513 -6.9% | $932,490 -3.1% |
| 2024 | $15,584 +11% | $962,460 +18% |
| 2023 | $14,036 +135.6% | $815,400 +117.7% |
| 2022 | $5,958 -0.3% | $374,638 +3% |
| 2021 | $5,977 +1.9% | $363,727 +1.4% |
| 2020 | $5,864 +1.2% | $358,706 +2.3% |
| 2019 | $5,794 | $350,641 +1.9% |
| 2018 | $5,794 +2.6% | $344,103 +2.1% |
| 2017 | $5,648 +13.5% | $337,026 +2.1% |
| 2016 | $4,977 | $330,094 +0.7% |
| 2015 | $4,977 | $327,799 +0.8% |
| 2014 | $4,977 | $325,198 +1.5% |
| 2013 | -- | $320,392 +1.7% |
| 2012 | -- | $315,036 +3% |
| 2011 | -- | $305,860 -2.3% |
| 2010 | -- | $313,060 -21.2% |
| 2009 | -- | $397,080 -15.6% |
| 2008 | -- | $470,630 -8.6% |
| 2007 | $5,149 -9% | $514,940 -9% |
| 2006 | $5,661 | $566,080 +39.4% |
| 2005 | -- | $406,080 |
Find assessor info on the county website
Neighborhood: 34990
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Nearby schools
GreatSchools rating
- 10/10Palm City Elementary SchoolGrades: PK-5Distance: 1.5 mi
- 8/10Hidden Oaks Middle SchoolGrades: 6-8Distance: 1.8 mi
- 6/10Martin County High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Palm City
- 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
$1,261,100
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Estimated market value
$1,261,100
- Florida
- Martin County
- Palm City
- 34990
- 5002 SW Orchid Bay Drive
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