Investment Opportunity with a lot of potential in growing Palm City - this 4 Plex on a quiet cul-de-sac features Four (2) bedroom, (1) bath apartments with approx 837 a/c sf per unit. Each unit includes 2 parking spaces, ceiling fans, newer appliances, and use of on-site laundry facility. Two units are MTM, one lease end Feb 2025, the other Sept 2025. Solid paying tenants. In need of minor facelift - Major room to improve the current rent roll. Convenient to I-95 & Turnpike. Do not disturb tenants. Call Listing Agents.
Sold for $800,000
$800,000
732 SW Gardens Boulevard, Palm City, FL 34990
6beds
4baths
3,348sqft
Quadruplex, Multi Family, Multi Family
Built in 1982
-- sqft lot
$858,400 Zestimate®
$239/sqft
$2,507 Estimated rent
Home value
$858,400
$781,000 - $944,000
$2,507/mo
Zestimate® history
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$5,429/mo
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Zillow last checked:
Listing updated:
Listed by:
Rachel Ann Cramer 772-215-2345,
Illustrated Properties/Hobe So,
Jessica Lee Zahn 407-473-1656,
Illustrated Properties
Bought with:
Jason M. Flannery, 3053611
Illustrated Properties LLC
Jason M. Flannery, 3053611
Illustrated Properties LLC
Source: BeachesMLS,MLS#: R11058056
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- None
Cooling
- Central Air
Features
- Flooring: Other
Interior area
- Total structure area: 3,348
- Total interior livable area: 3,348 sqft
Property
Features
- Levels: One
- Stories: 1
- Exterior features: Room For Pool
- Waterfront features: None
Lot
- Size: 0.35 Acres
- Features: 1/4 to 1/2 Acre Lot
Details
- Parcel number: 203841002015000605
- Zoning: Quadriplex
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family, Multi Family
Materials
- Block
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1982
Utilities & green energy
- Electric: 3 Phase
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Water Available
Community & HOA
Community
- Subdivision: PALM CITY GARDENS
HOA
- Has HOA: No
- Amenities included: None
Location
- Region: Palm City
Financial & listing details
- Price per square foot: $239/sqft
- Tax assessed value: $665,280
- Annual tax amount: $8,956
- Date on market: 2/1/2025
- Cumulative days on market: 11 days
- Listing terms: Cash,Conventional
- Tenant pays: Cable TV, Electricity
Price history
| Date | Event | Price |
|---|---|---|
| 2/25/2025 | Sold | $800,000-5.9%$239/sqft |
Source:  BeachesMLS #R11058056 Report a problem | ||
| 2/14/2025 | Pending sale | $850,000$254/sqft |
Source: BeachesMLS #RX-11058056 Report a problem | ||
| 2/1/2025 | Listed for sale | $850,000+214.8%$254/sqft |
Source: BeachesMLS #RX-11058056 Report a problem | ||
| 8/6/2013 | Sold | $270,000+184.2%$81/sqft |
Source: Public Record Report a problem | ||
| 12/22/2006 | Sold | $95,000$28/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,388 +4.8% | $560,456 +10% |
| 2024 | $8,956 +9.8% | $509,506 +10% |
| 2023 | $8,155 +13.5% | $463,188 +10% |
| 2022 | $7,187 +7.6% | $421,080 +10% |
| 2021 | $6,681 +10% | $382,800 +10% |
| 2020 | $6,074 +8.5% | $348,000 +9.8% |
| 2019 | $5,599 | $316,800 -5.7% |
| 2018 | $5,599 +0% | $336,000 +8.1% |
| 2017 | $5,598 +62.4% | $310,800 +21.7% |
| 2016 | $3,447 | $255,300 +8.8% |
| 2015 | $3,447 | $234,600 +11.7% |
| 2014 | $3,447 | $210,000 +37.3% |
| 2013 | -- | $153,000 +2.4% |
| 2012 | -- | $149,400 -6.3% |
| 2011 | -- | $159,360 +4% |
| 2010 | -- | $153,266 -23.1% |
| 2009 | -- | $199,200 +80.5% |
| 2008 | -- | $110,348 -63.8% |
| 2007 | $3,600 -13.7% | $304,706 -11.9% |
| 2006 | $4,173 | $345,771 +33.7% |
| 2005 | -- | $258,625 |
Find assessor info on the county website
Neighborhood: 34990
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Nearby schools
GreatSchools rating
- 10/10Palm City Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 8/10Hidden Oaks Middle SchoolGrades: 6-8Distance: 1.8 mi
- 6/10Martin County High SchoolGrades: 9-12Distance: 1.1 mi
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Estimated market value
$858,400
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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
$858,400
- Florida
- Martin County
- Palm City
- 34990
- 732 SW Gardens Boulevard
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