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Accepting backups
    • Price cut: $25K (6/29)
    $425,000

    8093 TEA OLIVE TERRACE, PALMETTO, FL 34221

    3beds
    2,432sqft
    : 
    $2,927/mo
    Get pre-qualified
    Single Family Residence
    Built in 2023
    8,520 Square Feet Lot
    $416,900 Zestimate®
    $175/sqft
    $112/mo HOA

    What's special

    Sleek hardwareQuartz countertopsOak stairsNatural gas rangeCustom light fixturesVented range hoodGourmet kitchen
    Under contract-accepting backup offers. Short Sale. Better than new construction! This highly updated, turnkey masterpiece in the ideally located subdivision of Imperial Lakes offers maximum luxury without the wait, absolutely NO CDD fees, and the peace of mind of being situated in a no-flood zone. Nestled on an oversized, fully fenced lot with zero backyard neighbors, the property sits quietly off the south side of Moccasin Wallow Golf Club. The owner spared no expense on premium upgrades, starting with hurricane impact windows and doors throughout the entire home. Inside, the gourmet kitchen is a chef’s dream, featuring a natural gas range, double oven, vented range hood, quartz countertops, a custom backsplash, and designer cabinetry. High-end finishes elevate every corner, including oak stairs, premium tile flooring, upgraded baseboards, custom light fixtures, sleek hardware, raised vanities, and a frameless glass shower door. The home is completely modernized for efficiency and tech, boasting a natural gas water heater and dryer hookups alongside comprehensive pre-wiring for high-speed internet, surround sound speakers, and a security system. Location is everything, offering seamless access to I-75, a short walk or drive to the Publix, restaurants, and coffee shops just outside the community entrance, and close proximity to the upcoming hospital. Enjoy the ultimate blend of style, security, and convenience in an area primed for tremendous growth!
    115 days
    249
    12

    Zillow last checked:

    Listing updated:

    Listed by:

    Brent Martin, LLC 941-231-4662,

    MARCUS & COMPANY REALTY 941-932-8550

    Source: Stellar MLS,MLS#: A4692912MLS LogoOriginating MLS: Sarasota - Manatee

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Primary bedroom
      • Features: Walk-In Closet(s)
      • Level: First
      Bedroom 2
      • Features: Built-in Closet
      • Level: First
      Bedroom 3
      • Features: Built-in Closet
      • Level: First
      Bathroom 1
      • Level: First
      Bathroom 2
      • Level: First
      Bathroom 3
      • Level: Second
      Bonus room
      • Features: No Closet
      • Level: Second
      Dining room
      • Level: First
      Kitchen
      • Level: First
      Living room
      • Level: First
      Office
      • Level: First
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Oven, Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range Hood, Refrigerator, Washer
      • Laundry: Gas Dryer Hookup, Inside
      Features
      • Ceiling Fan(s), Eating Space In Kitchen, In Wall Pest System, Kitchen/Family Room Combo, Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s)
      • Flooring: Carpet, Epoxy, Tile, Hardwood
      • Doors: Sliding Doors
      • Has fireplace: No
      Interior area
      • Total structure area: 3,073
      • Total interior livable area: 2,432 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage - Attached
      • Attached garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: Irrigation System, Sidewalk
      Lot
      • Size: 8,520 Square Feet
      Details
      • Parcel number: 648206409
      • Zoning: PD-R
      • Special conditions: Short Sale

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Block
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 2023

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected, Underground Utilities, Water Connected

      Community & HOA

      Community
      • Features: Irrigation-Reclaimed Water
      • Pet fee: $0 monthly
      • Subdivision: IMPERIAL LAKES RESIDENTIAL
      HOA
      • Has HOA: Yes
      • Amenities included: Golf Course
      • Services included: Common Area Taxes, Reserve Fund
      • HOA fee: $112 monthly
      • HOA name: Brett Gray
      • HOA phone: 239-401-7550
      Location
      • Region: Palmetto

      Financial & listing details

      • Price per square foot: $175/sqft
      • Tax assessed value: $466,188
      • Annual tax amount: $6,164
      • Date on market: 5/16/2026
      • Cumulative days on market: 297 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        $416,900

        $396,000 - $438,000

        $3,099/mo

        Price history

        DateEventPrice
        6/29/2026Price change$425,000-5.6%$175/sqft
        Source: Stellar MLS #A4692912 Report a problem
        6/8/2026Price change$450,000-5.3%$185/sqft
        Source: Stellar MLS #A4692912 Report a problem
        5/26/2026Price change$475,000-4.8%$195/sqft
        Source: Stellar MLS #A4692912 Report a problem
        5/16/2026Listed for sale$499,000-4%$205/sqft
        Source: Stellar MLS #A4692912 Report a problem
        5/5/2026Listing removed$3,400$1/sqft
        Source: Zillow Rentals Report a problem
        3/19/2026Price change$3,400-5.6%$1/sqft
        Source: Zillow Rentals Report a problem
        3/19/2026Price change$519,999-0.9%$214/sqft
        Source: Stellar MLS #O6357396 Report a problem
        3/14/2026Listed for rent$3,600$1/sqft
        Source: Zillow Rentals Report a problem
        2/23/2026Price change$524,900-1.9%$216/sqft
        Source: Stellar MLS #O6357396 Report a problem
        2/2/2026Price change$534,900-0.9%$220/sqft
        Source: Stellar MLS #O6357396 Report a problem
        1/5/2026Price change$539,999-0.9%$222/sqft
        Source: Stellar MLS #O6357396 Report a problem
        12/1/2025Price change$545,000-1.8%$224/sqft
        Source: Stellar MLS #O6357396 Report a problem
        11/6/2025Listed for sale$555,000-2.3%$228/sqft
        Source: Stellar MLS #O6357396 Report a problem
        11/30/2023Sold$568,200$234/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,164 +2.4%$466,188 -0.8%
        2024$6,019 +381.5%$469,991 +424.1%
        2023$1,250 $89,675
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 34221

        Getting around

        3 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Virgil Mills Elementary
        • Middle: Buffalo Creek Middle
        • High: Palmetto High

        Source: Stellar 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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