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For sale
    • $625,000

    8219 TEA OLIVE TERRACE, PALMETTO, FL 34221

    4beds
    2,976sqft
    : 
    $4,175/mo
    Get pre-qualified
    Single Family Residence
    Built in 2023
    7,488 Square Feet Lot
    $603,000 Zestimate®
    $210/sqft
    $120/mo HOA

    What's special

    Modern finishesCovered lanaiGenerous loftThree additional bedroomsFour bedroomsAdjoining great roomFlexible two-story layout
    Skip the wait for new construction with this thoughtfully upgraded, move-in-ready 2023 home in The Fairways at Imperial Lakes. Offering four bedrooms, peaceful preserve views, modern finishes, and a flexible two-story layout, the home is designed for comfortable everyday living and easy entertaining. The light-filled main level features high ceilings, tile flooring, and an open-concept layout centered around a spacious kitchen with an oversized quartz island, double wall ovens, abundant cabinetry, and casual dining space. The adjoining great room features a tray ceiling, built-in surround sound, and sliding glass doors that open to the covered lanai and preserve beyond. A separate flex room with a floor-to-ceiling shiplap electric fireplace offers versatility as a home office, den, sitting room, or additional gathering space. The first-floor primary suite provides a private retreat with dual vanities, a tiled walk-in shower, and private water closet. Upstairs, a generous loft creates a second living area, while three additional bedrooms and two full baths provide plenty of room for family and guests. One bedroom includes an en-suite bath, making it especially well suited for extended stays or multigenerational living. Outside, the covered lanai overlooks a spacious yard and tranquil preserve, with room for a future pool and outdoor living area. Hurricane-impact windows and doors throughout provide added protection, efficiency, and peace of mind without the need for shutters, while a whole-house water filtration system adds another valuable upgrade already in place. Set within The Fairways at Imperial Lakes, the home enjoys the relaxed atmosphere of an established golf-course community, with optional membership at nearby Moccasin Wallow Golf Club. Low HOA fees and no CDD add to the appeal. Publix, Gateway Commons, Ellenton Premium Outlets, shopping, dining, and major roadways are nearby, with easy access to Sarasota, St. Petersburg, Tampa, Anna Maria Island, Longboat Key, and the Gulf Coast.
    10 days
    159
    5

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Drew Jacobsen 941-253-6309,

    COMPASS FLORIDA LLC 941-279-3630

    Source: Stellar MLS,MLS#: A4701460MLS LogoOriginating MLS: Sarasota - Manatee

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Den/Library/Office, Loft
      Primary bedroom
      • Features: En Suite Bathroom, Walk-In Closet(s)
      • Level: First
      Bedroom 2
      • Features: Built-in Closet
      • Level: Second
      Bedroom 3
      • Features: Built-in Closet
      • Level: Second
      Bedroom 4
      • Features: Built-in Closet
      • Level: Second
      Primary bathroom
      • Features: Built-in Closet
      • Level: First
      Family room
      • Level: First
      Kitchen
      • Features: Pantry
      • Level: First
      Laundry
      • Level: First
      Living room
      • Level: First
      Loft
      • Level: Second
      Office
      • Level: Second
      Heating
      • Electric
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range Hood, Refrigerator, Water Filtration System
      • Laundry: Laundry Room
      Features
      • Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat
      • Flooring: Carpet, Ceramic Tile
      • Doors: Sliding Doors
      • Windows: Window Treatments
      • Has fireplace: Yes
      • Fireplace features: Electric
      Interior area
      • Total structure area: 3,858
      • Total interior livable area: 2,976 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Driveway, Garage Door Opener, On Street
      • Attached garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Front Porch, Patio, Screened
      • Exterior features: Irrigation System, Lighting, Private Mailbox, Rain Gutters, Sidewalk
      • Has view: Yes
      • View description: Trees/Woods
      Lot
      • Size: 7,488 Square Feet
      • Features: Landscaped, Sidewalk
      • Residential vegetation: Trees/Landscaped
      Details
      • Parcel number: 648205559
      • Zoning: PD-R
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Block, Stucco
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • Completed
      • New construction: No
      • Year built: 2023
      Details
      • Builder name: William Ryan Homes

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected, Electricity Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Deed Restrictions, Golf, Irrigation-Reclaimed Water, Sidewalks
      • Security: Fire Alarm
      • Pet fee: $0 monthly
      • Subdivision: IMPERIAL LAKES RESIDENTIAL
      HOA
      • Has HOA: Yes
      • HOA fee: $120 monthly
      • HOA name: Community Management Services Inc - Betsy Davis
      • HOA phone: 941-758-9454
      Location
      • Region: Palmetto

      Financial & listing details

      • Price per square foot: $210/sqft
      • Tax assessed value: $477,551
      • Annual tax amount: $6,321
      • Date on market: 8/28/2026
      • Cumulative days on market: 188 days
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved, Asphalt

        Estimated market value

        $603,000

        $573,000 - $633,000

        $3,421/mo

        Price history

        DateEventPrice
        8/28/2026Listed for sale$625,000-0.8%$210/sqft
        Source: Stellar MLS #A4701460 Report a problem
        8/1/2026Listing removed$629,900$212/sqft
        Source: Stellar MLS #A4679355 Report a problem
        6/11/2026Price change$629,900-2.3%$212/sqft
        Source: eXp Realty #A4679355 Report a problem
        3/11/2026Price change$645,000-0.4%$217/sqft
        Source: eXp Realty #A4679355 Report a problem
        2/4/2026Listed for sale$647,777+0.4%$218/sqft
        Source: eXp Realty #A4679355 Report a problem
        11/4/2025Listing removed$645,000$217/sqft
        Source: Stellar MLS #A4660351 Report a problem
        10/6/2025Price change$645,000-0.8%$217/sqft
        Source: Stellar MLS #A4660351 Report a problem
        7/31/2025Listed for sale$650,000+8.1%$218/sqft
        Source: Stellar MLS #A4660351 Report a problem
        3/1/2023Sold$601,200$202/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,321 +2.4%$477,551 -0.8%
        2024$6,173 +323.3%$481,468 +436.9%
        2023$1,458 $89,675
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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

        5 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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