NOT LISTED FOR SALE

5221 SW Orchid Bay Dr Palm City, FL 34990

Estimated Value: $643,000 - $771,716

3 Beds
2 Baths
2,124 Sq Ft
$339/Sq Ft Est. Value

Last Sold March 04, 2024

Last sale price $680,000 $320 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,504/month

68 Days on Market

Highlights

  • Lake Front
  • Screened Pool
  • 0.54 Acre Lot
  • Palm City Elementary School Rated A-
  • Gated Community
  • Florida Architecture

About This Home

As of March 2024

Located in sought after Orchid Bay, this three bedroom, two bath key west style pool home is priced accordingly to the TLC needed! Plenty of potential with an open floor plan/great room concept with high ceilings. Gorgeous screened in patio area that is perfect for entertaining with the private setting overlooking the lake. Accordion Hurricane Shutters, his/her closets, over half acre lot, and desirable Martin County School District. Easy access to I-95 & FL Turnpike. HOA dues include 2 tennis courts, play area, gazebo w/picnic tables & grills, canoe/kayak launch into Mapps Creek.

Last Agent to Sell the Property

Coleton Funk

Illustrated Properties LLC Brokerage Phone: 772-463-4663 License #3476433 Listed on: 12/12/2023

Illustrated Properties LLC

Last Buyer's Agent

Barbara Eurich

EXP Realty LLC License #3446183

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,690

Year Built

  • Built in 1997

Lot Details

  • 0.54 Acre Lot
  • Lake Front
  • Sprinkler System

HOA Fees

  • $182 Monthly HOA Fees

Home Design

  • Florida Architecture
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,124 Sq Ft Home
  • 1-Story Property
  • Shutters
  • Combination Dining and Living Room
  • Screened Porch
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Hurricane or Storm Shutters

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Pool

  • Screened Pool
  • In Ground Pool

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Septic Tank

Community Details

Overview

  • Association fees include common areas

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Park
  • Trails

Additional Features

  • Community Barbecue Grill
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,690

Year Built

Built in 1997

Lot Details

0

HOA Fees

$182 per month

Listing Details

  • Architectural Style: Florida
  • Directions: From Martin Downs Blvd (hwy 714), proceed South on Mapp Rd., Right at Orchid Bay sign, Left on Orchid Bay Drive, house on left.
  • Garage Yn: Yes
  • Lot Size Acres: 0.537
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 1
  • Subdivision Name: Captains Creek
  • Year Built: 1997
  • Year Built Details: Resale
  • Ownership: Fee Simple
  • Attribution Contact: 772-463-4663
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Some Electric Appliances, Cooktop, Dryer, Dishwasher, Electric Range, Disposal, Microwave, Water Heater, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Furnished: Unfurnished
  • Interior Amenities: Bathtub, Dual Sinks, Eat-in Kitchen, Primary Downstairs, Living/Dining Room, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Living Area: 2124.0
  • Stories: 1
  • Window Features: Shutters

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Sprinkler/Irrigation, Patio, Storm/Security Shutters
  • Lot Features: Lake Front, Sprinklers Automatic
  • Patio And Porch Features: Patio, Screened
  • Pool Features: In Ground, Screen Enclosure
  • Pool Private: Yes
  • Property Condition: Resale
  • Roof: Metal
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Parking Features: Driveway, Detached, Garage, Garage Door Opener
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Security System, Gated Community
  • Sewer: Septic Tank
  • Utilities: Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 182.0
  • Association: Yes
  • Community Features: Barbecue, Basketball Court, Gated, Playground, Park, Sidewalks, Tennis Court(s), Trails/Paths
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Common Areas

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5690.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2023
Sold by
Burke Scott and Burke Wendy
Bought by
Giambalvo Charles and Giambalvo Karen
Current Estimated Value
$720,429

Purchase Details

Closed on
Aug 28, 2008
Sold by
Cote Donald M and Cote Carol Y
Bought by
Burke Scott and Burke Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 1995
Sold by
Tartan Land Co
Bought by
Cote' Donald M and Cote' Carol Y

Purchase Details

Closed on
Dec 10, 1993
Bought by
Burke Scott and Burke Wendy
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Giambalvo Charles $680,000 Associated Attorney Title & Cl
Burke Scott $367,800 Wci Title
Cote' Donald M $49,900 --
Burke Scott $2,424,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burke Scott $50,000
Previous Owner Burke Scott $94,000
Previous Owner Burke Scott $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2024 03/04/24 Sold $680,000 -1.4% $320 / Sq Ft
02/19/2024 02/19/24 Pending -- -- --
02/17/2024 02/17/24 Price Changed $690,000 -4.2% $325 / Sq Ft
01/18/2024 01/18/24 Price Changed $720,000 -7.1% $339 / Sq Ft
12/12/2023 12/12/23 For Sale $774,900 -- $365 / Sq Ft
Source: Martin County REALTORS® of the Treasure Coast

Tax History Compared to Growth

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 $5,990 $636,530 $305,000 $331,530
2024 $5,882 $343,706 -- --
2023 $5,882 $333,696 $0 $0
2022 $5,690 $323,977 $0 $0
2021 $5,701 $314,541 $0 $0
2020 $5,592 $310,199 $0 $0
2019 $5,530 $303,225 $0 $0
2018 $5,405 $297,571 $0 $0
2017 $4,241 $291,450 $0 $0
2016 $4,479 $285,456 $0 $0
2015 $4,255 $283,471 $0 $0
2014 $4,255 $281,222 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Coleton Funk

    Seller's Agent in 2024

    Coleton Funk

    Illustrated Properties LLC

    (772) 678-1414

    9 in this area

    41 Total Sales

    Section Image

  • B

    Buyer's Agent in 2024

    Barbara Eurich

    EXP Realty LLC

    (561) 222-0355

    1 in this area

    6 Total Sales

    Section Image
See All Agents

Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20042326

Martin County REALTORS® of the Treasure Coast

APN: 43-38-41-002-000-00060-9

Florida Martin County Palm City 34990

5221 SW Orchid Bay Dr, Palm City, FL

This home is located at 5221 SW Orchid Bay Dr, Palm City, FL 34990 since 12 December 2023 and is currently estimated at $720,429, approximately $339 per square foot. This property was built in 1997. 5221 SW Orchid Bay Dr is a home located in Martin County with nearby schools including Palm City 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.

Martin County REALTORS® of the Treasure Coast The data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Realtor® Association of Martin County, Inc. MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the IDX logo or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed.

Copyright 2025 Realtor® Association of Martin County, Inc. MLS. All rights reserved.

Nearby Homes