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$5,500,000

Beds
5
Baths
4.5
sq ft
6,334

5205 SW Honey Ter, Palm City, FL 34990

5205 SW Honey Ter

Palm City, FL 34990

  • 405 days on market
    • Price drop $1,000,000↓
DRASTIC PRICE ADJUSTMENT... Elegant Equestrian Estate nestled amongst 20 Acres of meticulously kept Paddocks, Riding arenas, Riding ring, and an 8 Stall Stallion center isle Barn complete with Grooms quarters with Washer and Dryer, Tack room, Feed room, Bathing Area, Water and Electric. The Mediterranean style Home offers an array of enhanced features which include a grand entry that sets the tone for the impressiveness within. The spacious living and dining area includes a spectacular stone fireplace that sets the tone for a wonderful evening. A gourmet kitchen which caters to your culinary desires includes a walk in Cooler, Large Copper Hood, Gas Range top, Wall Ovens and much more. The main Bedroom offers a wet Bar an expansive sitting area and a luxurious en-suite. As you enter th

Details

Property type

Single Family Residence

Est. home value

$3,354,383

Lot size

Unknown

Price per sq ft

$869

Year built

1988

Annual property taxes

$22,927

Price History

10/25/2024
Beaches

Beaches #R10936376

Price change
$5,500,000
-15.38%
06/13/2024
Beaches

Beaches #R10936376

Price change
$6,500,000
-17.72%
05/14/2024
Beaches

Beaches #R10936376

Price change
$7,900,000
-11.24%

Schools & Community

Elementary school: 

Citrus Grove (Miami-Dade)

Middle school: 

Unknown

High school: 

Unknown

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

Gmac Mortgage Corp

Loan start date

October 1998

Original loan amount

$500,000

Est. remaining balance

Not provided

Interest rate

6.82%

Loan type

New Conventional

Seller

Sondra Moll

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?

Status: Active

Tomo last checked: 12/24/2024 at 12:10 AM

Listing updated: 12/10/2024 at 12:48 PM

Listed by: Christine Genzano, RE/MAX Services Phone #: (561) 912-3500

MLS: Beaches #R10936376

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