Calling all Builders & Investors! This exceptional over half acre -.52-acre property in the heart of Palm City offers endless potential. Subdivide into two or three lots and build 2–3 custom spec homes, or restore the charming 100-year-old residence and detached CBS garage/carriage house to their former glory. The home and garage/carriage house sit on the east side (.36 acres), while a vacant .16-acre parcel on the west side provides additional opportunity. With NO HOA, you have the freedom to build, expand, or create your vision without restrictions. The seller has already cleared trees and opened up the property, making it easier to plan your next project. Ideally located near the charming Old Palm City area, enjoy a short stroll to local shops, boutiques, dining, and the popular Patio scene. Close to beaches, boating, “A”-rated schools, I-95, and the Turnpike, this is a rare opportunity to invest in a prime location with unlimited possibilities.
Sold for $450,000
$450,000
895 SW 29th Ter, Palm City, FL 34990
3beds
1,920sqft
Single Family Residence
Built in 1925
0.52 Acres Lot
$487,200 Zestimate®
$234/sqft
$2,672 Estimated rent
Home value
$487,200
$463,000 - $512,000
$2,672/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Lauren Purkey 772-486-7822,
Illustrated Properties - SP Collective,
Patrick Sean Stracuzzi 772-285-3586,
Illustrated Properties - SP Collective
Bought with:
Chad Ramsey Gates, 3538338
One Sotheby's Intl. Realty
Source: Martin County REALTORS® of the Treasure Coast (MCRTC),MLS#: M20054408
Originating MLS: Martin County
Originating MLS: Martin CountyFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Features
- Tub Shower
- Flooring: Wood
Interior area
- Total structure area: 1,920
- Total interior livable area: 1,920 sqft
Property
Features
- Stories: 1
- Has view: Yes
- View description: Garden
Lot
- Size: 0.52 Acres
- Dimensions: 150 x 151
- Features: Trees
Details
- Additional structures: Guest House
- Parcel number: 173841001007000609
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Frame
- Roof: Composition,Shingle
Condition
- Resale
- Year built: 1925
Utilities & green energy
- Sewer: Septic Tank
- Utilities for property: Water Available
Community & neighborhood
Community
- Community features: Non-Gated, None
Location
- Region: Palm City
- Subdivision: Palm City Amd
HOA & financial
HOA
- Has HOA: No
- Services included: None
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 4/15/2026 | Sold | $450,000-9.1%$234/sqft |
Source:  Martin County REALTORS® of the Treasure Coast (MCRTC) #M20054408 Report a problem | ||
| 2/19/2026 | Pending sale | $495,000$258/sqft |
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20054408 Report a problem | ||
| 2/17/2026 | Listed for sale | $495,000+76.8%$258/sqft |
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20054408 Report a problem | ||
| 1/30/2026 | Sold | $280,000-13.8%$146/sqft |
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20053285 Report a problem | ||
| 12/12/2025 | Pending sale | $325,000$169/sqft |
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20053285 Report a problem | ||
| 11/26/2025 | Listed for sale | $325,000+209.5%$169/sqft |
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20053285 Report a problem | ||
| 11/19/2010 | Sold | $105,000$55/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,242 +0.1% | $159,941 +2.9% |
| 2024 | $2,239 -0.7% | $155,434 +3% |
| 2023 | $2,255 +4.3% | $150,907 +3% |
| 2022 | $2,161 +0.8% | $146,512 +3% |
| 2021 | $2,144 +4.5% | $142,245 +1.4% |
| 2020 | $2,051 +1.5% | $140,282 +2.3% |
| 2019 | $2,020 | $137,128 +1.9% |
| 2018 | $2,020 +2.7% | $134,571 +2.1% |
| 2017 | $1,967 +14% | $131,803 +2.1% |
| 2016 | $1,726 | $129,092 +0.7% |
| 2015 | $1,726 | $128,195 +0.8% |
| 2014 | $1,726 | $127,178 +15.1% |
| 2013 | -- | $110,510 +0.2% |
| 2012 | -- | $110,340 +25% |
| 2011 | -- | $88,260 +0.2% |
| 2010 | -- | $88,070 -30.4% |
| 2009 | -- | $126,470 +101.2% |
| 2008 | -- | $62,863 +3% |
| 2007 | $1,899 +0.3% | $61,030 +2.5% |
| 2006 | $1,893 | $59,542 +3% |
| 2005 | -- | $57,808 |
Find assessor info on the county website
Neighborhood: 34990
Nearby schools
GreatSchools rating
- 10/10Palm City Elementary SchoolGrades: PK-5Distance: 1 mi
- 8/10Hidden Oaks Middle SchoolGrades: 6-8Distance: 1.7 mi
- 6/10Martin County High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Palm City
- Middle: Hidden Oaks
- High: Martin County
Source: Martin County REALTORS® of the Treasure Coast (MCRTC). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$487,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$487,200
- Florida
- Martin County
- Palm City
- 34990
- 895 SW 29th Ter
Nearby cities
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