$1,400,000
SOLD JAN 14, 2025

7058 SW Wedelia Terrace Palm City, FL 34990

5 Beds
3.5 Baths
2,732 Sq Ft
4.7 Acres

Recently Sold

$512 Per Sq Ft

18% Below List Price

110 Days on Market

Highlights

  • Horses Allowed in Community
  • RV Access or Parking
  • Fruit Trees
  • Citrus Grove Elementary School Rated A-
  • Garage Apartment
  • Room in yard for a pool

About This Home

As of January 2025

THIS IS THE MOST DYNAMIC 5 ACRE PROPERTY ON THE MARKET, with unlimited possibilities! BRAND NEW 2024 70' x 72' steel, hurricane impact building-5,040 square feet with independent underground electric service, 24 foot ceiling climate controlled WAREHOUSE/garage/building is perfectly suited for operating your business at your home, hosting events, car collections(motorhome), and so much more! No detail was overlooked, built so it can facilitate an elevated second story office or studio, roughed in for a full bath, AC's already in place and operational. This property would also be perfect for MULTI-GENERATIONAL living, with a beautiful 3/3 main home with large flex space, and 2 separate additional living quarters (2/1 &1/1), could also be additional income, or workforce housing.

Last Agent to Sell the Property

Elizabeth Smithson

Keller Williams Realty Jupiter License #3430596

Keller Williams Realty Jupiter

Co-Listed By

Sarah Greenberg

Keller Williams Realty Jupiter License #3316121

Last Buyer's Agent

Beverly Klemzak

Berkshire Hathaway Florida RE License #325710

Berkshire Hathaway Florida RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,416

Year Built

  • Built in 1989

Lot Details

  • 4.7 Acre Lot
  • Fenced
  • Fruit Trees

Parking

  • 4 Car Detached Garage
  • Garage Apartment
  • Garage Door Opener
  • Driveway
  • RV Access or Parking

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Metal Roof

Interior Spaces

  • 2,732 Sq Ft Home
  • 2-Story Property
  • Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Recreation Room
  • Workshop

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • Roman Tub
  • Jetted Tub in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Security Gate
  • Fire and Smoke Detector

Outdoor Features

  • Room in yard for a pool
  • Shed

Schools

  • Citrus Grove Elementary School

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 283840000024000007
  • Seller Considering Concessions

Community Details

Overview

  • Palm City Farms Subdivision

Recreation

  • Horses Allowed in Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,416

Year Built

Built in 1989

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Turn down Woodham. Continue about 2.7miles. Second house on the right when on Wedelia Terrace. 7058 Wedelia Terrace.
  • Year Built: 1989
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dining Area, Separate/Formal Dining Room, Entrance Foyer, Garden Tub/Roman Tub, Jetted Tub, Kitchen/Dining Combo, Pantry, Split Bedrooms, Skylights, Vaulted Ceiling(s), Bar, Walk-In Closet(s), Workshop
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Water Softener Owned, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Ceramic Tile, Laminate, Wood
  • Living Area: 2732.0
  • Dining Room Type: Family Room, Garage Apartment, In-Law Suite, Laundry, Recreation, Storage Room, Workshop
  • Stories: 2
  • Window Features: Skylight(s)

Exterior Features

  • Exterior Features: Fence, Fruit Trees, Room For Pool, Shed
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Frame
  • Other Structures: Garage Apartment, Shed(s)
  • Property Condition: Resale
  • Roof: Composition, Metal, Shingle

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Driveway, Detached, Garage, Golf Cart Garage, RV Access/Parking, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: In Garage
  • Security: Security Gate, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Pets Allowed: Yes

Schools

  • Elementary School: Citrus Grove (Miami-Dade)

Lot Info

  • Parcel #: 283840000024000007
  • Horse Amenities: Horses Allowed
  • Lot Size: 4 to < 5 Acres,5 to <10
  • Lot Size Sq Ft: 204732.0
  • Zoning Description: res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 13416.0

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

Property History

Date Event Price Change Sq Ft Price
01/14/2025 01/14/25 Sold $1,400,000 -15.2% $512 / Sq Ft
11/14/2024 11/14/24 Price Changed $1,649,999 -2.9% $604 / Sq Ft
09/26/2024 09/26/24 For Sale $1,699,999 +112.5% $622 / Sq Ft
12/16/2021 12/16/21 Sold $799,888 -5.9% $233 / Sq Ft
11/16/2021 11/16/21 Pending -- -- --
10/22/2021 10/22/21 For Sale $849,888 +347.3% $247 / Sq Ft
02/27/2012 02/27/12 Sold $190,000 -42.2% $79 / Sq Ft
01/28/2012 01/28/12 Pending -- -- --
02/10/2010 02/10/10 For Sale $329,000 -- $137 / Sq Ft
Source: BeachesMLS

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
2024 $13,416 $780,230 $780,230 $446,530
2023 $13,416 $760,793 $0 $0
2022 $11,916 $691,630 $310,200 $381,430
2021 $6,655 $402,896 $0 $0
2020 $6,538 $397,334 $0 $0
2019 $6,461 $388,401 $0 $0
2018 $6,299 $381,159 $0 $0
2017 $5,623 $373,319 $0 $0
2016 $5,842 $365,641 $0 $0
2015 $4,108 $363,100 $178,600 $184,500
2014 $4,108 $232,710 $95,180 $137,530
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,120,000 Credit Line Revolving
Closed $1,120,000 Credit Line Revolving
Previous Owner $584,888 New Conventional
Previous Owner $350,400 New Conventional
Previous Owner $300,000 Credit Line Revolving
Previous Owner $331,500 Fannie Mae Freddie Mac
Previous Owner $200,000 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $1,400,000 None Listed On Document
Warranty Deed $1,400,000 None Listed On Document
Warranty Deed $799,900 Attorney
Warranty Deed $438,000 First American Title Ins Co
Warranty Deed $190,000 Atlantic Coast Title Group L
Quit Claim Deed $320,000 Prestige Title Agency Inc
Warranty Deed $350,000 Prestige Title Agency Inc
Warranty Deed $250,000 --
Source: Public Records

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Source: BeachesMLS

MLS Number: R11023017

BeachesMLS

APN: 28-38-40-000-024-00000-7

Florida Martin County Palm City 34990

7058 SW Wedelia Terrace, Palm City, FL

Homes for Sale in Palm City, FL

This home is located at 7058 SW Wedelia Terrace, Palm City, FL 34990 and is currently priced at $1,400,000, approximately $512 per square foot. This property was built in 1989. 7058 SW Wedelia Terrace is a home located in Martin County with nearby schools including Citrus Grove Elementary School, Hidden Oaks Middle School, and South Fork High School.

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