$1,200,000
$242K PRICE DROP

1563 SW Jasmine Trace Palm City, FL 34990

Estimated payment $7,565/month

Total Views 9,700
5 Beds
3 Baths
4,571 Sq Ft
$263 Price per Sq Ft

Highlights

  • Lake Front
  • Concrete Pool
  • 25,034 Sq Ft lot
  • Palm City Elementary School Rated A-
  • Gated Community
  • Vaulted Ceiling

About This Home

Welcome to 1563 SW Jasmine Trace, a beautifully designed 5-bedroom, 3-bathroom waterfront home in the prestigious Orchid Bay community of Palm City, FL. Spanning 4,578 sq. ft., this single-story waterfront home in the exclusive gated community Orchid Bay.Key upgrades include a extra-wide paved driveway and triple car garage, beautiful stone fireplace, custom cabinetry, closets, windows and blinds. Regal 8-foot doors, 12 Ft Ceilings, Sky Lights, and LED Lighting. Hurricane Impact Windows, Doors & Fully operable back-up Generator. New LVP in Master, ceramic tile + marble countertops. CCTV Security Surveillance System, New Pool Pump, Stainless Steel Appliances, Twin Refrigerators, 3 AC Units, New Hot Water Heater, New GE Washer and Dryer & Much More!

Listing Agent

Tiffani Luckey

BitRealty License #3498770 Listed on: 10/10/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,021

Year Built

  • Built in 2004

Lot Details

  • 0.57 Acre Lot
  • Lake Front
  • Sprinkler System
  • Property is zoned NA

HOA Fees

  • $186 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4,571 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Custom Mirrors
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Decorative Fireplace
  • Plantation Shutters
  • Blinds
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Open Floorplan
  • Den
  • Sun or Florida Room
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Marble
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Closet Cabinetry
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Bidet
  • Dual Sinks

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Security Gate
  • Intercom
  • Impact Glass

Eco-Friendly Details

  • Air Purifier

Pool

  • Concrete Pool
  • Screen Enclosure

Outdoor Features

  • Patio
  • Outdoor Grill

Schools

  • Palm City Elementary School
  • Hidden Oaks Middle School
  • Martin County High School

Utilities

  • Zoned Heating and Cooling System
  • Electric Water Heater
  • Water Softener is Owned
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 433841002000007103
  • Seller Considering Concessions

Community Details

Overview

  • Captain's Creek (Aka Orch Subdivision

Recreation

  • Tennis Courts
  • Shuffleboard Court
  • Park

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,021

Year Built

Built in 2004

Lot Details

0

HOA Fees

$186 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Orchid Bay, originally known as Captains Creek, is located in Palm City, Martin County on SW Mapp Road, south of Martin Downs Blvd. Nestled between Pipers Landing, Four Rivers and River Landing.
  • Year Built: 2004
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Bar, Bidet, Built-in Features, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Family/Dining Room, Fireplace, High Ceilings, Kitchen/Dining Combo, Living/Dining Room, Custom Mirrors, Pantry, Skylights, Vaulted Ceiling(s), Bar
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Water Softener Owned, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Marble, Tile, Vinyl
  • Living Area: 4571.0
  • Dining Room Type: Attic, Den, Family Room, Great Room, In-Law Suite, Storage Room, Dining Room, Florida Room
  • Stories: 1
  • Window Features: Blinds, Drapes, Impact Glass, Plantation Shutters, Skylight(s)

Exterior Features

  • Exterior Features: Outdoor Grill, Patio
  • Lot Features: Sprinklers Automatic
  • Pool Features: Concrete, Pool, Screen Enclosure
  • Pool Private: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Disclosures: Owner Is Listing Agent, Pet on Property
  • Builder Name: Other
  • Construction Type: Brick Veneer, Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Driveway, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Other Equipment: Air Purifier, Intercom
  • Security: Security System, Closed Circuit Camera(s), Security Gate
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 186.0
  • Community Features: Gated, Park, Shuffleboard, Street Lights, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Shuffleboard Court, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Schools

  • Elementary School: Palm City
  • High School: Martin County
  • Middle Or Junior School: Hidden Oaks

Lot Info

  • Parcel #: 433841002000007103
  • Lot Size: 1/2 to < 1 Acre,Sidewalk
  • Lot Size Sq Ft: 25034.0
  • Zoning Description: NA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9021.0

Map

Range of Values:

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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 $9,172 $552,909 -- --
2024 $9,021 $537,327 -- --
2023 $9,021 $521,677 $0 $0
2022 $8,727 $506,483 $0 $0
2021 $8,768 $491,732 $0 $0
2020 $8,642 $484,943 $0 $0
2019 $8,549 $474,040 $0 $0
2018 $8,351 $465,201 $0 $0
2017 $7,013 $455,633 $0 $0
2016 $7,212 $446,261 $0 $0
2015 $6,855 $443,159 $0 $0
2014 $6,855 $439,642 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 Price Changed $1,200,000 -7.6% $263 / Sq Ft
04/14/2025 04/14/25 Price Changed $1,299,000 -3.7% $284 / Sq Ft
11/11/2024 11/11/24 Price Changed $1,349,000 -6.5% $295 / Sq Ft
10/18/2024 10/18/24 For Sale $1,442,070 -- $315 / Sq Ft
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $100,000 --
Warranty Deed $75,000 Universal Land Title Inc
Deed $56,000 --
Warranty Deed $69,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $140,000 Credit Line Revolving
Open $535,000 New Conventional
Closed $106,000 Credit Line Revolving
Closed $546,000 Construction
Closed $85,500 No Value Available
Previous Owner $59,000 No Value Available
Previous Owner $46,697 No Value Available
Source: Public Records

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Source: BeachesMLS

MLS Number: R11027641

BeachesMLS

APN: 43-38-41-002-000-00710-3