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$655,000

7492 SW 40th Ter Palm City, FL 34990

3 beds
2 full
1,926 sqft
$340 / sqft
House

Property details

About 7492 SW 40th Ter

Welcome to your private slice of paradise in Palm City Farms! This beautiful single-family home offers the perfect blend of charm and potential, with bright, open living spaces featuring cathedral ceilings and big arched windows that flood the home with natural light. The flowing layout seamlessly connects the living, dining, and kitchen areas--creating a welcoming space ideal for family gatherings and entertaining.

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCeiling Fan(s), Central Air, Electric
Size1,926 sqft
Year built2006
Parking2+ Spaces, Driveway, Open
MLS #RX-11078436
WaterfrontLagoon, Pond
ViewGarden, Lagoon, Pond

Summary

  • Full Bathrooms: 2
  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer, Electric Water Heater
  • Flooring Type: Laminate
  • Interior: Entry Lvl Lvng Area, Walk-in Closet
  • Total Bedroom Count: 3
  • Private Pool: No
  • Parking: 2+ Spaces, Driveway, Open
  • Waterfront: Lagoon, Pond
  • View: Garden, Lagoon, Pond
  • Exterior: Open Patio, Shutters
  • Architectural Style: Traditional
  • Heating: Central, Electric
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • List Price: $655,000
  • Price/SqFt: $340
  • HOA Amount: $0 Monthly
  • Annual Tax Amount: $1,853
  • Tax Year: 2023
  • Directions: Martin Hwy west. Turn south on 72nd Dr. Turn right on 40th Terrace, home on left.
  • Year Built: 2006
  • Stories: 1
  • Living Area: 1,926 SqFt
  • MLS Number: RX-11078436
  • Office Name: KW Reserve Palm Beach
  • Office Phone: (561) 220-6866
  • Listing Agent: Jeffrey L Tricoli
  • Agent Phone: (561) 220-6866

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: 7/5/2025, 5:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Oct 27, 2023
Home Sold
$600,000
May 16, 2023
Home Sold
$290,000
Nov 09, 2010
Home Sold
$115,000

Tax history

YearAssessmentProperty Tax
2023$126,849$1,853
2022$123,155$1,772
2021$119,568$1,772
2020$117,918$1,751
2019$115,267$1,589
2017$110,789$1,499

History based on county public records data.

Nearby schools

9

Citrus Grove Elementary School

Public District PK-5

2.7 mi

2527 SW Citrus Blvd

8

Palm City Elementary School

Public District PK-5

4.6 mi

1951 SW 34th St

8

Bessey Creek Elementary School

Public District PK-5

5.1 mi

2201 SW Matheson Ave

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 $72,690. The majority of Palm City, FL residents have income between $35k-100k annually. The most common type of family is married, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

28%
<35k
39%
35k-100k
26%
100k-200k
7%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

27%
Single, No Kids
7%
Single, with Kids
40%
Married, No Kids
26%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
10%
12-17 yrs old
13%
18-34 yrs old
51%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • PGA/LPGAPGA/LPGA
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • DillardsDillards
  • Dick's Sporting GoodsDick's Sporting Goods
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • Texas RoadhouseTexas Roadhouse
  • Hardee'sHardee's

What do the neighbors drive?

  • CadillacCadillac
  • SubaruSubaru
  • RamRam

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • New CountryNew Country
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

Frequently asked questions

About 7492 SW 40th Ter

The listing price of 7492 SW 40th Ter property is $655,000.

The property 7492 SW 40th Ter is a house located in Palm City, Florida, 34990.

Active Listing: 7492 SW 40th Ter is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 7492 SW 40th Ter are: Citrus Grove Elementary School (GreatSchools Rating 9/10), Palm City Elementary School (GreatSchools Rating 8/10), Bessey Creek Elementary School (GreatSchools Rating 8/10), Hidden Oaks Middle School (GreatSchools Rating 7/10), Somerset Academy St. Lucie (GreatSchools Rating 7/10), Stuart Middle School (GreatSchools Rating 4/10), Treasure Coast High School (GreatSchools Rating 5/10), Martin County High School (GreatSchools Rating 5/10), Spectrum Academy (GreatSchools Rating 1/10).

According to the records, the last property tax for 2023 is $1,853 (source: MLS/based on county public records data).

The last sale was on October 27, 2023 for $600,000 (source: MLS/tax record).

The property at 7492 SW 40th Ter has 3 bedrooms and 2 bathrooms.

The property 7492 SW 40th Ter is 1,926 SqFt (source: MLS/tax record).

The year of construction for 7492 SW 40th Ter is 2006.

This home is located at 7492 SW 40th Ter in Palm City, FL and zip code 34990. This 1,926 square foot home was built in 2006. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 4, 2025 and is currently priced at $655,000.

In June 2025 more than 1 listings in Palm City, FL were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 19 were sold below. The number of homes for sale in Palm City, FL increased by 9.9% between May and June 2025. The median list price of listings available in June 2025 was $620,000, while the average time on the real estate market was 65 days.

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

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