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$954,525

Beds
4
Baths
3.0
sq ft
2,937

5683 SW Orchid Bay Dr, Palm City, FL 34990

5683 SW Orchid Bay Dr

Palm City, FL 34990

  • 4 days on market
Discover your dream oasis at 5683 SW Orchid Bay Drive! This exquisite 4-bedroom 3-bathroom home, complete with an office/den, is nestled on a spacious & lush 0.5-acre corner lot in the gated community of Orchid Bay. The residence seamlessly blends luxury and comfort, boasting high ceilings, a cozy wood-burning fireplace, an open kitchen, and ample space & storage. Step outside to your private paradise, featuring a screened-in pool with a covered dining area adorned with custom wood ceilings, ideal for entertaining. Enjoy a generous backyard with mature landscaping, offering complete privacy. Renovations include a new metal roof, a new hot water heater, whole-house gutters, epoxy flooring in the garage, and a beautifully renovated primary suite and cabana bathroom, to name a few.

Details

Property type

Single Family Residence

Est. home value

$886,147

Lot size

Unknown

Price per sq ft

$325

Year built

1997

Annual property taxes

$7,349

Monthly HOA fee

$197

Price History

01/18/2025
Beaches

Beaches #R11053698

Listed
$954,525
+96.81%
06/10/2019
Beaches

Beaches #R10516900

Sold
$485,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Tennis Court(s)

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

First Southern Bank

Loan start date

September 2022

Original loan amount

$125,000

Est. remaining balance

Not provided

Interest rate

4.35%

Loan type

Credit Line (Revolving), 10 year

Seller

Mark David Trotter and Michelle Deg Root

Lender

Cast Home Loans Llc

Loan start date

May 2021

Original loan amount

$512,000

Est. remaining balance

$472,956

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Mark D Trotter and Michelle Degroot

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: 01/22/2025 at 4:00 PM

Listing updated: 01/20/2025 at 4:25 AM

Listed by: Megan A Dwyer, Compass Florida LLC Phone #: (305) 851-2820

MLS: Beaches #R11053698

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