788 SW 36th Terrace Palm City, FL 34990
Estimated payment $4,005/month
Highlights
- Ceramic Tile Flooring
- Central Heating and Cooling System
- Ceiling Fan
- Palm City Elementary School Rated A-
About This Home
Charming Duplex in the Heart of Florida - Ideal for Investment or Multi-Generational Living!Welcome to this delightful duplex located in the sought after town of Palm City, offering a unique opportunity for both investors and homeowners looking for multi-generational living or rental income. This well-maintained property consists of two spacious 2-bedroom, 1-bathroom units, each with its own private entrance, making it perfect for a variety of living arrangements.Property Features:Two Separate Units: Each unit offers 2 bedrooms, 1 bathroom, and ample living space, ensuring comfort and privacy for each resident.Driveway Parking: Enjoy the convenience of dedicated parking spaces for both units, ensuring easy access for residents and guests.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,208
Year Built
- Built in 1974
Lot Details
- 7,492 Sq Ft Lot
Home Design
- Duplex
- Aluminum Roof
Interior Spaces
- 1,960 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Blinds
- Ceramic Tile Flooring
Schools
- Hidden Oaks Middle School
- Martin County High School
Utilities
- Central Heating and Cooling System
- Septic Tank
- Cable TV Available
Community Details
- 2 Units
- Palm City Gardens Subdivision
Listing and Financial Details
- Assessor Parcel Number 203841002006001505
- Seller Considering Concessions
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,708 | $306,662 | -- | -- |
| 2023 | $5,708 | $278,784 | $0 | $0 |
| 2022 | $5,199 | $253,440 | $0 | $0 |
| 2021 | $4,767 | $230,400 | $115,000 | $115,400 |
| 2020 | $4,489 | $221,720 | $100,000 | $121,720 |
| 2019 | $4,295 | $218,480 | $95,000 | $123,480 |
| 2018 | $3,868 | $188,800 | $85,000 | $103,800 |
| 2017 | $2,802 | $165,920 | $85,000 | $80,920 |
| 2016 | $3,297 | $158,160 | $75,000 | $83,160 |
| 2015 | $1,767 | $100,800 | $60,000 | $40,800 |
| 2014 | $1,767 | $81,600 | $50,000 | $31,600 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/08/2025 04/08/25 | Price Changed | $624,900 | -3.9% | $319 / Sq Ft |
| 03/27/2025 03/27/25 | For Sale | $650,000 | 0.0% | $332 / Sq Ft |
| 06/09/2023 06/09/23 | Rented | $2,000 | 0.0% | -- |
| 06/07/2023 06/07/23 | Under Contract | -- | -- | -- |
| 05/02/2023 05/02/23 | Price Changed | $2,000 | -11.1% | $2 / Sq Ft |
| 04/10/2023 04/10/23 | For Rent | $2,250 | +12.5% | -- |
| 06/29/2022 06/29/22 | Rented | $2,000 | 0.0% | -- |
| 05/30/2022 05/30/22 | Under Contract | -- | -- | -- |
| 05/17/2022 05/17/22 | For Rent | $2,000 | 0.0% | -- |
| 07/14/2020 07/14/20 | Sold | $300,000 | -4.8% | $153 / Sq Ft |
| 06/14/2020 06/14/20 | Pending | -- | -- | -- |
| 03/31/2020 03/31/20 | For Sale | $315,000 | -- | $161 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $300,000 | Property Transfer Services Inc | |
| Warranty Deed | $222,000 | Attorney | |
| Warranty Deed | -- | Attorney | |
| Warranty Deed | $109,000 | Attorney | |
| Warranty Deed | $269,000 | Mjw Title Llc | |
| Warranty Deed | $90,200 | -- | |
| Warranty Deed | $68,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $255,550 | No Value Available | |
| Previous Owner | $47,600 | No Value Available |
Source: BeachesMLS
MLS Number: R11075849
APN: 20-38-41-002-006-00150-5
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