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For sale
  • Price cut: $10K (11/5)
    $615,000

    8219 TEA OLIVE TERRACE, PALMETTO, FL 34221

    4beds
    2,976sqft
    : 
    $4,193/mo
    Get pre-qualified
    Single Family Residence
    Built in 2023
    7,488 Square Feet Lot
    $600,000 Zestimate®
    $207/sqft
    $120/mo HOA

    What's special

    Covered lanaiTwo-car garageSpacious loftThree additional bedroomsAdjoining great roomSeparate flex roomTranquil preserve backdrop
    Why wait to build when you can enjoy the benefits of newer construction today? Built in 2023 and thoughtfully upgraded, this 4-bedroom, 3.5-bath home in The Fairways at Imperial Lakes offers 2,976 square feet of beautifully designed living space, peaceful preserve views, and the convenience of a move-in-ready home in Palmetto, Florida. Ideally positioned between Tampa, St. Petersburg, and Sarasota, this home combines modern comfort, flexible living spaces, and an exceptional location for enjoying everything Florida's Gulf Coast has to offer. From the moment you enter, soaring ceilings, natural light, and an inviting open-concept design create an effortless flow for everyday living and entertaining. At the heart of the home, the spacious kitchen features an oversized quartz island, double wall ovens, generous cabinetry, and casual dining space, making it equally suited for busy mornings and hosting friends and family. The adjoining great room, complete with a tray ceiling and built-in surround sound, opens through sliding glass doors to the covered lanai, where a tranquil preserve backdrop provides a peaceful extension of the living space. Designed with versatility in mind, the first floor also features a separate flex room accented by a floor-to-ceiling shiplap electric fireplace, creating an inviting space for a home office, den, or additional sitting area. The main-level primary suite offers privacy and convenience, complete with dual vanities, a tiled walk-in shower, and a private water closet. Upstairs, a spacious loft provides a second gathering area, ideal for a media room, playroom, or relaxed retreat. Three additional bedrooms and two full bathrooms offer comfortable accommodations for family and guests, including a bedroom with its own en-suite bath, perfect for extended visits or multigenerational living. Step outside to the covered lanai and enjoy the privacy of a generously sized backyard overlooking the natural preserve, with ample space to envision a future pool and personalized outdoor entertaining area. Beyond its thoughtful layout, this home offers valuable upgrades that distinguish it from typical new construction, including hurricane-impact windows and doors throughout and a whole-house water filtration system. A two-car garage adds everyday convenience, while low HOA fees and no CDD contribute to the home's overall appeal. Located in The Fairways at Imperial Lakes, an established Palmetto golf-course community with optional membership at nearby Moccasin Wallow Golf Club, residents enjoy convenient access to Publix, Gateway Commons, Ellenton Premium Outlets, shopping, dining, and major commuter routes, including I-75 and I-275. Whether commuting north toward Tampa and St. Petersburg, heading south to Sarasota, or spending the day along the beaches of Anna Maria Island and Longboat Key, this location makes it easy to enjoy the best of Southwest Florida. With the advantages of 2023 construction, desirable upgrades already in place, and a location that connects you to the entire Tampa Bay and Sarasota region, 8219 Tea Olive Terrace offers an opportunity to settle into the Florida lifestyle without the wait. Schedule your private showing and experience it for yourself.
    73 days
    150
    7

    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: $207/sqft
      • Tax assessed value: $477,551
      • Annual tax amount: $6,321
      • Date on market: 8/28/2026
      • Cumulative days on market: 250 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

        $600,000

        $570,000 - $630,000

        $3,304/mo

        Price history

        DateEventPrice
        11/5/2026Price change$615,000-1.6%$207/sqft
        Source: Stellar MLS #A4701460 Report a problem
        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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