NOT LISTED FOR SALE

8281 SW 42nd Ave Palm City, FL 34990

Estimated Value: $301,000 - $766,000

9.79 Acres
$63,450 Price per Acre
426,583 Sq Ft Lot

Last Sold August 28, 2024

Last sale price $720,000

Est. 14% decrease in value since last sale

Current estimated payment $3,535/month

127 Days on Market

About This Lot

As of August 2024

Approximately 9.73 +/- beautiful acres. Known as Parcel #1 on survey. Mostly Cleared land. Has mobile home on property. Has electric, wells and septic, uncertain of condition. Currently zoned RT. Peaceful setting to build your dream home and enjoy nature. Convenient location near Florida Turnpike and I-95. No neighbors on either side. Approximately 661' of frontage. so many possibilities. Peace and quiet!! Great potential to have a home-based business.

Last Agent to Sell the Property

Mary Rose

RealPropertyHomes.net License #3241130 Listed on: 04/22/2024

Last Buyer's Agent

TJ TAMARA FISHER

Compass Florida LLC License #3394492

Compass Florida LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,153

Lot Details

  • 9.79 Acre Lot
  • North Facing Home
  • Site Plan Filed

Utilities

  • Well
  • Septic Tank

Community Details

  • Palm City Farms Subdivision

Listing and Financial Details

  • Assessor Parcel Number 023940000061000002

Property Details

Property Type

Land

Est. Annual Taxes

$2,153

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Other
  • Property Sub Type Additional: Other
  • Directions: Take Martin Hwy to Citrus Blvd. Go south to Ranchwood. Turn left on Ranchwood to the end of the road. Turn onto 42nd.
  • Special Features: None

Exterior Features

  • Lot Features: 5-10 Acres
  • Waterfront: No
  • Direction Faces: North

Utilities

  • Sewer: Septic Tank
  • Water Source: Well

Lot Info

  • Parcel #: 023940000061000002
  • Development Status: Site Plan Filed
  • Lot Size Acres: 9.793
  • Lot Size: rectangle
  • Number Of Lots: 1

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2153.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2024
Closed on
Aug 28, 2024
Sold by
Racers Heaven Llc
Bought by
Tigris Florida Inc
Seller's Agent
Mary Rose
RealPropertyHomes.net
Buyer's Agent
TJ TAMARA FISHER
Compass Florida LLC
List Price
$779,000
Sold Price
$720,000
Premium/Discount to List
-$59,000
-7.57%
Views
3
Current Estimated Value
$621,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$98,637
Avg. Annual Appreciation
-11.93%

Purchase Details

Listed on
Dec 28, 2017
Closed on
Feb 28, 2018
Sold by
Palm City Hunt Club Llc
Bought by
Racers Heaven Llc
Seller's Agent
Tonya McDonald
The Agency Florida LLC
Buyer's Agent
Jeffrey Mollica
Real Estate of Florida
List Price
$375,000
Sold Price
$495,000
Premium/Discount to List
$120,000
32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.93%

Purchase Details

Closed on
Mar 11, 2016
Sold by
Brevard Harbor Edge Llc
Bought by
Palm City Hunt Club Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 2, 2013
Sold by
Multiple Owners
Bought by
Palm City Hunt Club Llc

Purchase Details

Closed on
Apr 7, 2006
Sold by
Gazeebos Unlimited Corp
Bought by
Madonia Batista J and Madonia Evelyn M
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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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
Tigris Florida Inc $720,000 First International Title
Tigris Florida Inc $720,000 First International Title
Racers Heaven Llc $495,000 Attorney
Palm City Hunt Club Llc $235,000 Attorney
Palm City Hunt Club Llc $19,500,000 --
Madonia Batista J $440,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palm City Hunt Club Llc $188,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/28/2024 08/28/24 Sold $720,000 -7.6% --
04/22/2024 04/22/24 For Sale $779,000 +57.4% --
02/28/2018 02/28/18 Sold $495,000 +32.0% $737 / Sq Ft View Prior Sale
01/29/2018 01/29/18 Pending -- -- --
12/28/2017 12/28/17 For Sale $375,000 -- $558 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $3,014 $392,700 $378,020 $14,680
2024 $2,639 $153,277 -- --
2023 $2,639 $139,343 $0 $0
2022 $2,153 $126,676 $0 $0
2021 $1,993 $115,160 $97,930 $17,230
2020 $1,965 $112,590 $94,990 $17,600
2019 $2,340 $132,390 $94,990 $37,400
2018 $1,705 $97,050 $96,950 $100
2017 $1,655 $98,030 $97,930 $100
2016 $1,290 $75,900 $75,800 $100
2015 -- $147,000 $146,900 $100
2014 -- $205,750 $205,650 $100
Source: Public Records

Agents Affiliated with this Home

  • Mary Rose

    Seller's Agent in 2024

    Mary Rose

    RealPropertyHomes.net

    (317) 445-9941

    2 in this area

    8 Total Sales

    Mary Rose
    Section Image

  • T

    Buyer's Agent in 2024

    TJ TAMARA FISHER

    Compass Florida LLC

    (561) 818-7529

    2 in this area

    18 Total Sales

    TJ TAMARA FISHER
    Section Image
  • Tonya McDonald

    Seller's Agent in 2018

    Tonya McDonald

    The Agency Florida LLC

    (772) 634-3828

    6 in this area

    84 Total Sales

    Tonya McDonald
    Section Image

  • J

    Buyer's Agent in 2018

    Jeffrey Mollica

    Real Estate of Florida

    (857) 300-0099

    Jeffrey Mollica
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10435745

BeachesMLS (Greater Fort Lauderdale)

APN: 02-39-40-000-061-00000-2

Florida Martin County Palm City 34990

8281 SW 42nd Ave, Palm City, FL

This home is located at 8281 SW 42nd Ave, Palm City, FL 34990 since 22 April 2024 and is currently estimated at $621,363. 8281 SW 42nd Ave is a home located in Martin County with nearby schools including Crystal Lake Elementary School, Dr. David L. Anderson Middle School, and South Fork 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 (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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