Tour
$9,500 Closing Credit¹
#RX-11056557, Jessica Addorisio, Listing Office: Real Broker, LLC
#RX-11078436·
Listing office: KW Reserve Palm Beach·
Listing agent: Jeffrey L Tricoli·
Listing agent phone: (561) 220-6866·
Listing office phone: (561) 220-6866
$675,000 List price
7492 SW 40th Ter Palm City, FL 34990
$8,016
Closing credit¹
4 beds
2 full
1,926 sqft
$350 / 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: 4
- 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: $675,000
- Price/SqFt: $350
- HOA Amount: $0
- HOA Frequency: 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
All 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: 5/11/2025, 1:20:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$675,000
7492 SW 40th Ter
$8,016
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 27, 2023 | Home Sold | $600,000 |
| May 16, 2023 | Home Sold | $290,000 |
| Nov 09, 2010 | Home Sold | $115,000 |
Tax history
| Year | Assessment | Property 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.
Neighborhood
The neighbors living near this home have an average income of $72,690. The most common annual income of people living in Palm City, FL is between $35k-100k. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.
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?
Hunting
PGA/LPGA
Pro Wrestling
Where do the neighbors shop?
Dillards
Dick's Sporting Goods
Wal-Mart
Where do the neighbors go to eat?
Cracker Barrel
Texas Roadhouse
Hardee's
What do the neighbors drive?
Cadillac
Subaru
Ram
What do the neighbors listen to?
News/Talk/Information
New Country
Classic Country
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
About 7492 SW 40th Ter
The listing price of 7492 SW 40th Ter property is $675,000.
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 4 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: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 4, 2025 and is currently priced at $675,000.
In April 2025, from all listings sold in Palm City, FL there were more than 0 sold above asking price, over 27 sold below and more than 2 were sold right at the asked price. Between March and April 2025, Palm City, FL real estate market has seen increase in the number of listings by 8.2%. The median list price of listings available in April 2025 was $636,666, while the average time on the real estate market was 77 days.
From Rocket Homes Real Estate and based on county public records data.