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$1,200,000

Beds
5
Baths
3.0
sq ft
3,436

6040 SW Key Deer Ln, Palm City, FL 34990

6040 SW Key Deer Ln

Palm City, FL 34990

  • 10 days on market
Welcome to your dream home in the prestigious Highlands Reserve Estates community, ideally situated at the end of a quiet cul-de-sac and backing onto a serene preserve. This 5-bedroom, 3-bathroom residence exudes elegance, with sophisticated details such as plantation shutters, crown molding, wainscoting, and tray ceilings enhancing its timeless charm. Wood-look plank tile flooring flows effortlessly throughout the home, creating a seamless and modern aesthetic. The kitchen features sleek white cabinetry with pull-out drawers in all lower cabinets, quartz countertops, a pot filler, Bosch appliances, and a wet butler's pantry. Two bedrooms share a stylish Jack and Jill bathroom, while the luxurious primary suite serves as a private retreat with custom closet cabinetry and a spa-inspired

Details

Property type

Single Family Residence

Est. home value

$994,297

Lot size

0.33 acres

Price per sq ft

$350

Year built

2016

Annual property taxes

$8,248

Monthly HOA fee

$420

Price History

02/13/2025
Beaches

Beaches #R11062308

Listed
$1,200,000
-4%
10/07/2024
Beaches

Beaches #R10991087

Removed
$1,250,000
08/23/2024
Beaches

Beaches #R10991087

Price change
$1,250,000
-1.57%

Schools & Community

Elementary school: 

Citrus Grove (Miami-Dade)

Middle school: 

Hidden Oaks

High school: 

Martin County

Community features: 

Pool, Clubhouse, Gated, Park, Tennis Court(s)

Negotiation Insights

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

Seller could get up to

$699,471
Asking price
$1,200,000
Closing costs (~8% of asking)
-$96,000
Est. remaining loan balance
-$404,529
Cash to seller
$699,471

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

April 2020

Original loan amount

$449,500

Est. remaining balance

$404,529

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Mark G Despathy and Samantha R Despathy

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 8:35 AM

Listing updated: 02/22/2025 at 6:45 PM

Listed by: Bryce Miranda, Keller Williams Realty Of The Treasure Coast Phone #: (772) 419-0400

MLS: Beaches #R11062308

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