$1,475,000
$175K PRICE DROP

1979 SW Balata Terrace Palm City, FL 34990

Estimated payment $9,603/month

Total Views 7,047
4 Beds
4.5 Baths
4,961 Sq Ft
$297 Price per Sq Ft

Highlights

  • Boat Ramp
  • Golf Course Community
  • In Ground Spa
  • Bessey Creek Elementary School Rated A-
  • Gated with Attendant
  • Golf Course View

About This Home

Exquisite Custom Estate in Palm Cove Golf & Yacht Club! First time on market! Located on a private, cul de sac lot, and nestled within the prestigious Palm Cove Golf & Yacht Club this home won't disappoint! Designed for the discerning homeowner, this luxurious residence seamlessly blends timeless elegance with modern sophistication.Step through grand double doors into a beautifully curated interior, where soaring ceilings, refined architectural details, and expansive living spaces create an atmosphere of effortless luxury. Bathed in natural light, the open-concept floor plan is perfect for both intimate gatherings and grand entertaining. The chef's kitchen is a masterpiece, featuring custom cabinetry and an oversized island, all designed to inspire a culinary excellence.

Listing Agent

Kimberly Spears

Douglas Elliman License #613962 Listed on: 02/24/2025

Douglas Elliman

Co-Listing Agent

Elizabeth Spears

Douglas Elliman License #3625527

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,091

Year Built

  • Built in 2005

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 120x90x120x129
  • Sprinkler System

HOA Fees

  • $473 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Property Views

  • Golf Course
  • Pool

Home Design

  • Mediterranean Architecture
  • Concrete Roof

Interior Spaces

  • 4,961 Sq Ft Home
  • 2-Story Property
  • Single Hung Metal Windows
  • Wood Frame Window
  • Florida or Dining Combination
  • Den
  • Recreation Room
  • Loft
  • Sun or Florida Room
  • Fire and Smoke Detector
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Spa
  • Private Pool

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 063841020000002000

Community Details

Overview

  • Association fees include management, common areas, recreation facilities, reserve fund
  • Built by Toll Brothers
  • Palm Cove Golf & Yacht CL Subdivision

Amenities

  • Clubhouse
  • Community Library

Recreation

  • Boat Ramp
  • Boating
  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,091

Year Built

Built in 2005

Lot Details

0

HOA Fees

$473 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Take the Palm City exit to Matheson to Mapp Road, North on Mapp Road to Palm Cove Drive. Guard will direct.
  • Year Built: 2005
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Family/Dining Room, Separate Shower, Walk-In Closet(s), Loft
  • Private Spa: Yes
  • Furnished: Unfurnished
  • Spa Features: In Ground
  • Appliances: Dryer, Dishwasher, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Carpet, Ceramic Tile, Tile
  • Living Area: 4961.0
  • Dining Room Type: Den, Laundry, Loft, Recreation, Dining Room, Florida Room
  • Stories: 2
  • Window Features: Single Hung, Wood Frames

Exterior Features

  • Exterior Features: Patio
  • View: Golf Course, Pool
  • Lot Features: Sprinklers Automatic, Sprinkler System
  • Pool Features: Pool, Association, Community
  • Pool Private: Yes
  • Waterfront: No
  • Builder Name: Toll Brothers
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

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

Utilities

  • Security: Gated with Guard, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 473.0
  • Community Features: Boat Facilities, Clubhouse, Golf, Golf Course Community, Gated, Park, Property Manager On-Site, Pool, Street Lights, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Golf Course, Library, Management, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Recreation Facilities, Reserve Fund

Schools

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

Lot Info

  • Parcel #: 063841020000002000
  • Lot Size: 120x90x120x129
  • Lot Size Sq Ft: 14218.0
  • Zoning Description: Resident

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 16091.0

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 $16,091 $1,283,020 $450,000 $833,020
2024 $15,147 $951,871 -- --
2023 $15,147 $888,274 $0 $0
2022 $13,532 $829,791 $0 $0
2021 $11,442 $679,468 $0 $0
2020 $11,299 $670,087 $0 $0
2019 $11,173 $655,021 $0 $0
2018 $10,896 $642,808 $0 $0
2017 $10,260 $629,587 $0 $0
2016 $10,109 $616,638 $0 $0
2015 -- $612,352 $0 $0
2014 -- $607,492 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 Price Changed $1,475,000 -7.2% $297 / Sq Ft
03/14/2025 03/14/25 Price Changed $1,590,000 -3.6% $320 / Sq Ft
02/24/2025 02/24/25 For Sale $1,650,000 -- $333 / Sq Ft
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $950,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 Commercial
Closed $70,200 Future Advance Clause Open End Mortgage
Closed $650,000 Purchase Money Mortgage
Closed $159,000 No Value Available
Source: Public Records

Source: BeachesMLS

MLS Number: R11065557

BeachesMLS

APN: 06-38-41-020-000-00200-0

Florida Martin County Palm City 34990

1979 SW Balata Terrace, Palm City, FL

This home is located at 1979 SW Balata Terrace, Palm City, FL 34990 and is currently priced at $1,475,000, approximately $297 per square foot. This property was built in 2005. 1979 SW Balata Terrace is a home located in Martin County with nearby schools including Bessey Creek Elementary School, Hidden Oaks Middle School, and Martin County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Listing Agent
Kimberly Spears
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Douglas Elliman
(772) 247-6676