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For sale
  • $725,000

    8234 Tea Olive Ter, Palmetto, FL 34221

    5beds
    2,949sqft
    : 
    $4,825/mo
    Get pre-qualified
    Single Family Residence
    Built in 2023
    6,569 Square Feet Lot
    $-- Zestimate®
    $246/sqft
    $120/mo HOA

    What's special

    Designer finishesAbundant natural lightQuartz countertopsSpacious open-concept floor planImpressive curb appealBuilt-in organizationIntegrated audio system
    Welcome to an extraordinary better-than-new luxury residence, perfectly positioned on one of the most desirable homesites at Tea Olive Terrace at the Fairways Imperial Lakes. Nestled within an exclusive enclave of only 66 homes, this intimate all-natural gas community, thoughtfully crafted by William Ryan Homes, offers a rare combination of quality construction, exceptional privacy, and timeless elegance. Set against breathtaking lake and preserve views, this exceptional home has been extensively upgraded beyond builder standards, offering the luxury, craftsmanship, and resort-style outdoor living today’s discerning buyers desire—without the additional expense, time, or uncertainty of building new. From the moment you arrive, professionally designed landscaping, elegant architectural details, and impressive curb appeal create a lasting first impression. Inside, soaring ceilings accented with tray ceilings and crown molding, designer lighting, upgraded remote operated ceiling fans, and abundant natural light complement the spacious open-concept floor plan. A built-in surround sound system with indoor and outdoor speakers creates the perfect setting for effortless entertaining. Designed with both luxury and functionality in mind, the chef’s kitchen is the heart of the home, featuring stainless steel appliances, quartz countertops, designer tile backsplash, abundant cabinetry with soft-close drawers and convenient pull-outs for ultimate organization, and an oversized center island overlooking the dining area, great room and your personal outdoor oasis. One of the home’s most sought-after features is its versatile floor plan, offering two luxurious primary suites, providing exceptional flexibility for multi-generational living. Outside, your private backyard paradise is already beautifully completed showcasing a custom heated saltwater pool and spa with elegant waterfalls, LED lighting, premium decking, and a panoramic picture-screen enclosure that perfectly frames the tranquil lake and preserve views. The pool was thoughtfully constructed with an extra-deep end, perfect for cannonballs and added fun. Your paradise can easily be enhanced with an outdoor kitchen with the plumbing and gas lines already installed for the outdoor chef. This home also features hurricane-impact glass throughout, providing superior storm protection, enhanced energy efficiency, and everyday comfort. A central vacuum system adds a unique and convenient feature for effortless cleaning throughout the home. Unlike new construction, every upgrade has already been completed—from the premium homesite and custom outdoor oasis to the professional landscaping, architectural enhancements, integrated audio system, designer finishes, built-in organization, garage storage racks for added functionality, and countless thoughtful details—allowing you to simply move in and enjoy. Residents of Tea Olive Terrace at the Fairways Imperial Lakes enjoy low HOA fees, NO CDD fees, championship golf nearby, and a prime location with convenient access to I-75, Lakewood Ranch, Sarasota, St. Petersburg, Tampa, world-class Gulf beaches, shopping, dining, and major airports. If you are seeking a rare combination of an exclusive boutique community, custom William Ryan Homes craftsmanship, all-natural gas living, hurricane-impact windows, and luxury upgrades inside and out, 8234 Tea Olive Terrace presents an exceptional opportunity to own one of the finest homes in this community.
    25 days
    |
    435
    |
    37
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Heidi Gibson 850-501-1110,

    COMPASS FLORIDA LLC 727-380-2067

    Source: Stellar MLS,MLS#: A4698380MLS LogoOriginating MLS: Suncoast Tampa

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Den/Library/Office, Family Room, Utility Room, Storage Rooms
      Primary bedroom
      • Features: Walk-In Closet(s)
      • Level: First
      • Area: 208 Square Feet
      • Dimensions: 16x13
      Family room
      • Level: First
      • Area: 345 Square Feet
      • Dimensions: 15x23
      Kitchen
      • Level: First
      • Area: 187 Square Feet
      • Dimensions: 11x17
      Living room
      • Level: First
      • Area: 130 Square Feet
      • Dimensions: 10x13
      Heating
      • Electric
      Cooling
      • Central Air
      Appliances
      • Included: Convection Oven, Cooktop, Dishwasher, Disposal, Gas Water Heater, Microwave, Refrigerator, Water Filtration System
      • Laundry: Laundry Room
      Features
      • Built-in Features, Ceiling Fan(s), Central Vacuum, Crown Molding, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Smart Home, Split Bedroom, Stone Counters, Tray Ceiling(s), Walk-In Closet(s)
      • Flooring: Carpet, Tile
      • Doors: Sliding Doors
      • Windows: Window Treatments
      • Has fireplace: No
      Interior area
      • Total structure area: 3,704
      • Total interior livable area: 2,949 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Driveway, Garage Door Opener
      • Attached garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Front Porch, Patio, Screened
      • Exterior features: Irrigation System, Sidewalk
      • Has private pool: Yes
      • Pool features: Heated, In Ground, Lighting, Salt Water, Screen Enclosure, Tile
      • Has spa: Yes
      • Spa features: Heated, In Ground
      • Has view: Yes
      • View description: Trees/Woods, Water, Lake
      • Has water view: Yes
      • Water view: Water,Lake
      • Waterfront features: Lake Front
      Lot
      • Size: 6,569 Square Feet
      • Features: Landscaped, Sidewalk
      • Residential vegetation: Trees/Landscaped
      Details
      • Parcel number: 648207759
      • Zoning: RES
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Florida,Ranch
      • Property subtype: Single Family Residence
      Materials
      • Block, Stucco, Wood Frame
      • 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: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected

      Community & HOA

      Community
      • Features: Deed Restrictions, Golf, Irrigation-Reclaimed Water, Sidewalks
      • Security: Smoke Detector(s)
      • Pet fee: $0 monthly
      • Subdivision: IMPERIAL LAKES RESIDENTIAL
      HOA
      • Has HOA: Yes
      • Amenities included: Golf Course
      • Services included: Manager
      • 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: $246/sqft
      • Tax assessed value: $578,072
      • Annual tax amount: $264
      • Date on market: 6/30/2026
      • Cumulative days on market: 26 days
      • Listing terms: Cash,Conventional,VA Loan
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/30/2026Listed for sale$725,000$246/sqft
        Source: Stellar MLS #A4698380 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$264 +7.5%$368,532 +21.5%
        2024$246 -84%$303,395 +218.7%
        2023$1,534 $95,200
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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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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