2901 SW Lake Terrace, Palm City, FL 34990 (MLS# RX-10994601)


$3,900,000
2901 SW Lake Terrace
Palm City, FL 34990
MLS# RX-10994601
7 beds  |  7.1 baths  |  5476 sqft


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Downstairs Primary or Guest Suite with Separate Access Dual Vanity, Tub & Shower Upstairs Primary Upstairs Primary Balcony & Rooftop Access From Primary Room for Lifts Covered Lanai Volume Ceilings, room for lifts

Property Description
10.34 acre waterfront property offering ultimate privacy and opportunity to expand. A Legacy Estate featuring two CBS poured concrete structures consisting of a 5 BD / 4.5 BA Main house (Two Primary Suites - main level and upstairs) and a 2 BD / 2.5 BA Guest House over a 4 Car Garage. No fixed bridges and dockage for up to an approximately 50 ft +/- boat. Impact windows and doors, metal roof, solid core interior doors, 10 ft & 22ft volume ceilings, and quality finishes throughout. More info coming soon...

Details
Maps
Contract Information
Listing Date: 2024-06-08
Status: Active
Go Active Date: 2024-06-10
Original List Price: 3900000
Auction: No
List Price: 3900000
Current Price: 3900000
List Price/SqFt: 712.2
Comm/Non-Rep: 2.5%
Comm/Buyer Agent: 2.5%
Comm/Trans Brk: 2.5%
General Property Description
Type: Single Family Detached
Governing Bodies: None
Main Level Bedrooms: 2
Total Bedrooms: 7
Main Level Bathrooms: 2
Baths - Full: 7
Baths - Half: 1
Baths - Total: 7.1
Property Condition: Resale
Year Built: 2001
SqFt - Total: 7882
SqFt - Living: 5476
SqFt Source: Tax Rolls
Guest House: Yes
SqFt - Guest House: 1608
Gated Community: No
Garage Spaces: 4
Covered Spaces: 4
Year Roof Installed: 2001
Homeowners Assoc: None
Association Deposit: No
Membership Fee Required: No
Capital Contribution: No
Directions: High Meadows Ave or Murphy Road to Roundabout, North on Covered Bridge Dr to property
Subdivision: M & W LAND MINOR PLAT 1
Legal Desc: M W LAND MINOR PLAT 1 LOT 2
Lot SqFt: 476259
Waterfront: Yes
Dock: Yes
Front Exp: East
Private Pool: Yes
Pets Allowed: Yes
Pets on Premises: No
Total Floors/Stories: 2
Location, Tax & Legal
Area: 9 - Palm City
Geo Area: MA09
Country: United States
County: Martin
Parcel ID: 013840006000000204
Street #: 2901
Street Dir: SW
Street Name: Lake
Street Suffix: Terrace
State/Province: FL
Zip Code: 34990
Zoning: R-1A
Tax Year: 2023
Taxes: 11182.7
Special Assessment: No
Short Sale: No
Short Sale A/U: N/A
Short Sale Addendum: No
REO: No
HOPA: No Hopa
Elementary School: Bessey Creek Elementary School
Middle School: Hidden Oaks Middle School
Geo Lat: 27.191712
Geo Lon: -80.294333
Office/Member Info
DXORIGMLNO: RX-10994601
DXORIGMLSID: RML
Storm Protection
Impact Glass: Complete
Property Features
Design: Multi-Level; Other Arch
Construction: Block; CBS; Other
View: Canal; Preserve
Waterfront Details: Navigable; No Fixed Bridges; Ocean Access
Private Pool Description: Freeform; Gunite; Inground
Lot Description: 10 to <25 Acres
Exterior Features: Covered Patio; Deck; Open Balcony; Open Patio; Screen Porch; Screened Balcony
Interior Features: Bar; Built-in Shelves; Decorative Fireplace; Entry Lvl Lvng Area; Fireplace(s); Foyer; Kitchen Island; Pantry; Split Bedroom; Upstairs Living Area; Volume Ceiling; Walk-in Closet; Wet Bar
Porch/Patio/Balcony: Balcony; Patio
Master Bedroom/Bath: 2 Master Suites; Dual Sinks; Mstr Bdrm - Ground; Mstr Bdrm - Upstairs; Separate Shower; Separate Tub
Furnished: Furniture Negotiable
Rooms: Family; Great; Laundry-Util/Closet; Loft; Maid/In-Law; Storage
Parking: 2+ Spaces; Drive - Circular; Driveway; Garage - Attached; Open; RV/Boat
Subdiv. Amenities: None
Restrict: Other
Security: Gate - Unmanned
Flooring: Carpet; Wood Floor; Other
Heating: Central; Electric
Cooling: Ceiling Fan; Central; Electric
Equip/Appl Included: Auto Garage Open; Dishwasher; Disposal; Dryer; Freezer; Range - Gas; Refrigerator; Washer
Dining Area: Dining/Kitchen; Formal
Roof: Metal
Guest House: 2 Baths; 2 Bedrooms; Garage; Kitchen; Patio
Boat Services: Private Dock; Up to 20 Ft Boat; Up to 30 Ft Boat; Up to 40 Ft Boat; Up to 50 Ft Boat; Lift; Electric Available; Water Available
Terms Considered: Cash; Conventional
Utilities: Cable; Electric; Gas Bottle; Septic; Well Water
Window Treatments: Hurricane Windows; Impact Glass
Special Info: Survey
Taxes: Homestead
Possession: At Closing; Funding
Room Information
Room Name Length Width Length Level Width Remarks
Living Room15.0020.0015.00Main20.00Estimate
Kitchen15.0012.0015.00Main12.00Estimate
Master Bedroom14.0012.0014.00Upper12.00Estimate

Listing Office: Douglas Elliman (Jupiter)

Last Updated: June - 16 - 2024

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Sunday 23rd of June 2024 02:36 AM