$879,000
$20K PRICE DROP

1541 SW Prosperity Way Palm City, FL 34990

Estimated payment $5,466/month

Total Views 64,012
5 Beds
4.5 Baths
3,743 Sq Ft
$235 Price per Sq Ft

Highlights

  • Spa
  • Gated Community
  • Main Floor Primary Bedroom
  • Bessey Creek Elementary School Rated A-
  • Florida Architecture
  • High Ceiling

About This Home

Welcome to Hamilton Place, Palm City's hidden gem! Nestled in an exclusive gated community of just 24 homes, this sprawling Key West style residence offers 3,976 liv. Sq. ft., 5 bdrm, 4.5 bth, and a 2 car garage. A whimsical front entry invites you into a light-filled open layout for living, dining, and kitchen, featuring a dedicated flex/office space and a private in-law/guest suite complete with a kitchenette and full bath, ideal for multi-generational living or extended stays. The chef's kitchen boasts gas cooking, granite countertops, SS appliances, and a cozy wine nook tucked under the stairs. Enjoy the peaceful, private backyard with a Jacuzzi spa, retractable awning, and lush tropical landscaping. One upstairs bedroom features a private balcony, perfect for morning coffee or unwinding in the evenings. Don't miss this rare opportunity to own a beautifully maintained and generously sized home in one of Palm City's most exclusive communities. Homes are rarely available here!

Listing Agent

Shannon Deeter

Illustrated Properties Brokerage Phone: 484-769-4267 License #3492942 Listed on: 07/05/2025

Illustrated Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,487

Year Built

  • Built in 2005

Lot Details

  • 5,602 Sq Ft Lot
  • South Facing Home
  • Fenced Yard

HOA Fees

  • $315 Monthly HOA Fees

Home Design

  • Florida Architecture
  • Metal Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,743 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • High Ceiling
  • Plantation Shutters
  • Entrance Foyer
  • Open Floorplan

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Spa
  • Balcony
  • Covered Patio or Porch

Schools

  • Bessey Creek Elementary School
  • Hidden Oaks Middle School
  • Martin County High School

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Water Heater
  • Water Purifier
  • Cable TV Available

Community Details

Overview

  • Association fees include common areas, ground maintenance

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,487

Year Built

Built in 2005

Lot Details

0

HOA Fees

$315 per month

Listing Details

  • Architectural Style: Florida
  • Directions: Martin Downs to Mapp Rd. Hamilton Place is on the Right.
  • Garage Yn: Yes
  • Lot Size Acres: 0.1286
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Building Stories: 2
  • Subdivision Name: Hamilton Place
  • Year Built: 2005
  • Year Built Details: Resale
  • Ownership: Sole Proprietor
  • Attribution Contact: 484-769-4267
  • OriginatingSystemListAgentMemberKey: 549566801
  • ListAgentNationalAssociationId: 276637461
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Some Electric Appliances, Dryer, Dishwasher, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Water Heater, Water Purifier, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Carpet, Ceramic Tile
  • Furnished: Unfurnished
  • Interior Amenities: Breakfast Area, Entrance Foyer, Family/Dining Room, High Ceilings, Kitchen Island, Primary Downstairs, Living/Dining Room, Split Bedrooms, Walk-In Closet(s), Central Vacuum
  • Living Area: 3743.0
  • Spa Features: Above Ground
  • Private Spa: Yes
  • Stories: 2
  • Window Features: Plantation Shutters, Impact Glass

Exterior Features

  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Balcony, Fence, Patio
  • Fencing: Yard Fenced
  • Patio And Porch Features: Balcony, Covered, Open, Patio
  • Pool Private: No
  • Property Condition: Resale
  • Roof: Metal
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: 220 Volts
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup
  • Security: Smoke Detector(s)
  • Utilities: Cable Available, Electricity Available, Natural Gas Available

Condo/Co-op/Association

  • Association Fee: 315.0
  • Association: Yes
  • Community Features: Gated
  • Pets Allowed: Number Limit, Size Limit, Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds

Schools

  • Elementary School: Bessey Creek
  • High School: Martin County
  • Middle Or Junior School: Hidden Oaks

Tax Info

  • Tax Annual Amount: 6487.0
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,487 $420,766 -- --
2024 $6,364 $408,908 -- --
2023 $6,364 $396,999 $0 $0
2022 $6,138 $385,436 $0 $0
2021 $6,159 $374,210 $0 $0
2020 $4,527 $369,044 $0 $0
2019 $5,972 $360,747 $0 $0
2018 $5,822 $354,021 $0 $0
2017 $5,175 $346,739 $0 $0
2016 $5,399 $339,607 $0 $0
2015 -- $337,247 $0 $0
2014 -- $334,570 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/02/2025 09/02/25 Price Changed $879,000 -2.2% $235 / Sq Ft
07/05/2025 07/05/25 For Sale $899,000 +100.9% $240 / Sq Ft
07/24/2012 07/24/12 Sold $447,500 0.0% $120 / Sq Ft View Prior Sale
07/24/2012 07/24/12 Sold $447,500 -3.2% $113 / Sq Ft View Prior Sale
06/24/2012 06/24/12 Pending -- -- --
06/24/2012 06/24/12 Pending -- -- --
10/05/2011 10/05/11 For Sale $462,500 -13.6% $124 / Sq Ft
04/27/2010 04/27/10 For Sale $535,000 -- $135 / Sq Ft
Source: Martin County REALTORS® of the Treasure Coast

Purchase History

Date Type Sale Price Title Company
Warranty Deed $447,500 Advantage Title Of The Treas
Warranty Deed $573,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Previous Owner $193,000 Fannie Mae Freddie Mac
Source: Public Records

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20051794

Martin County REALTORS® of the Treasure Coast

APN: 07-38-41-026-000-00240-0