2901 SW Lake Ter Palm City, FL 34990

$3,450,000
7 beds
7 full, 1 partial
5,476 sqft
$630 / sqft
House

Property details

About 2901 SW Lake Ter

10.34 acre waterfront property offering ultimate privacy. A Legacy Estate featuring two CBS poured concrete structures consisting of a 5 BD / 4.5 BA Main house (Two Primary Suites - main level and upstairs) and a 2 BD / 2.5 BA Guest House over a 4 Car Garage. No fixed bridges and dockage for up to an approximately 50 ft +/- boat. Impact windows and doors, raised property elevation, metal roof, solid core interior doors, 10 ft & 22ft volume ceilings, and quality finishes throughout.

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric
StatusAccepting Backup Offers
(Active Under Contract)
CoolingCeiling Fan(s), Central Air, Electric
Size5,476 sqft
Year built2001
Parking2+ Spaces, Drive - Circular, Driveway, Garage - Attached, Open, RV/Boat
MLS #RX-10994601
Attached garage4 spaces
WaterfrontNavigable Water, Ocean Access
FireplaceFireplace(s)
ViewCanal, Other
Private poolYes

Virtual tour

Summary

  • MLS Number: RX-10994601
  • Office Name: Douglas Elliman (Jupiter)
  • Office Phone: (561) 653-6100
  • Listing Agent: Charles A Forcucci
  • Agent Phone: (561) 339-6547

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2025 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 11:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

bird's eye view featuring a water view

$3,450,000

2901 SW Lake Ter

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 06, 2003
Home Sold
$98,000

Tax history

YearAssessmentProperty Tax
2023$685,590$11,182
2022$665,622$10,800
2021$646,235$10,800
2020$637,313$10,866
2019$622,985$10,344
2017$598,793$9,739

History based on county public records data.

Nearby schools

9

Bessey Creek Elementary School

Public District PK-5

1.5 mi

2201 SW Matheson Ave

9

Citrus Grove Elementary School

Public District PK-5

1.9 mi

2527 SW Citrus Blvd

9

Palm City Elementary School

Public District PK-5

2.2 mi

1951 SW 34th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $128,879. The most common annual income of people living in Palm City, FL is between $100k-200k. Most families are married, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

6%
<35k
28%
35k-100k
47%
100k-200k
19%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

20%
Single, No Kids
5%
Single, with Kids
46%
Married, No Kids
29%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
11%
12-17 yrs old
8%
18-34 yrs old
50%
35-64 yrs old
18%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • Symphony or OperaSymphony or Opera
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Chico'sChico's
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Boston MarketBoston Market
  • Bonefish GrillBonefish Grill

What do the neighbors drive?

  • MazdaMazda
  • VolvoVolvo
  • CadillacCadillac

What do the neighbors listen to?

  • RockRock
  • Talk/PersonalityTalk/Personality
  • ClassicalClassical
All data provided by Home Junction and Claritas

Frequently asked questions

About 2901 SW Lake Ter

This home is located at 2901 SW Lake Ter in Palm City, FL and zip code 34990. This 5,476 square foot home was built in 2001. Features: 7 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since June 10, 2024 and is currently priced at $3,450,000.

In December 2024, from all listings sold in Palm City, FL there were more than 1 sold above asking price, over 24 sold below and more than 7 were sold right at the asked price. The inventory of homes for sale in Palm City, FL between November and December 2024 increased by 6.6%. The median list price of listings available in December 2024 was $676,533, while the average time on the real estate market was 63 days.

From Rocket Homes Real Estate and based on county public records data.

More resources