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$2,000,000

Beds
4
Baths
4.0
sq ft
4,089

1515 Lancewood Ter, Palm City, FL 34990

1515 Lancewood Ter

Palm City, FL 34990

  • 11 days on market
Nestled on a generous 0.46-acre pie-shaped lot at the end of a cul-de-sac, this beautifully renovated home offers luxurious living in every detail. This property underwent extensive interior and exterior renovations in 2020-2021, and lives like a brand-new home! Boasting 4 bedrooms and 4 baths across 4,089 square feet of air-conditioned space, the home features a split bedroom floor plan, ensuring privacy and comfort. Designed with entertaining in mind, this home is ideal for hosting guests in style. At the heart of the home, the kitchen is a chef's dream, featuring marble countertops, custom-built soft-close cabinetry, and stainless steel appliances, including double ovens, a built-in microwave, and a 5-burner gas range and hood. A custom-built island with extensive storage and a picture

Details

Property type

Single Family Residence

Est. home value

$1,243,485

Lot size

0.46 acres

Price per sq ft

$490

Year built

1989

Annual property taxes

$10,547

Monthly HOA fee

$3,781

Price History

02/12/2025
Beaches

Beaches #R11062736

Listed
$2,000,000
+284.62%
04/07/2020
Beaches

Beaches #R10593367

Sold
$520,000

Schools & Community

Elementary school: 

Morningside K-8 Academy (Miami-Dade)

Middle school: 

Southport

High school: 

Unknown

Community features: 

Pool, Clubhouse, Golf, Gated, Sidewalks, Tennis Court(s)

Number of units in community: 

695

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Bank Of America Na

Loan start date

September 2002

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

6.43%

Loan type

Credit Line (Revolving)

Seller

Arthur G Reid

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/23/2025 at 9:00 AM

Listing updated: 02/18/2025 at 9:15 AM

Listed by: Michael Ortega, Frankel Ball Realty LLC Phone #: (561) 427-2154

MLS: Beaches #R11062736

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