5225 SW Ludlum Street, Palm City, FL 34990
$1,190,000
Property Type:
Residential
Bedrooms:
4
Baths:
4
Square Footage:
2,249
Status:
Active
Current Price:
$1,190,000
Last Modified:
4/05/2024
Description
ZERO DOWN possible. USDA approved. Just appraised at $1.32M for the land alone. Create your own paradise in Palm City! This 10 acre estate is ready for your touches for a new home or business. There is enough land for anything you can think of. Can be subdivided into two 5-acre lots. Currently set up as a 3/3 and a separate 1/1 guest house. Currently used for storage. Let your imagination run wild. Perfect for equestrians, ranch related ventures, marine or mechanics. Lowest cost per acre in the area. Drainage canal for irrigation. Motivated seller says sell. All serious offers considered.
Private lender wholesale financing available starting at 5.25% with only 10% down for qualified buyers. Seller may hold a second.
More Information MLS# RX-10939843
Contract Information
Listing Date: 2023-12-01
Status: Active
Original List Price: 1390000
Auction: No
List Price: $1,190,000
Current Price: $1,190,000
List Price/SqFt: 529.12
Comm/Non-Rep: 2.5%
Comm/Buyer Agent: 2.5%
Comm/Trans Brk: 2.5%
General Property Description
Type: Single Family Detached
Governing Bodies: None
Main Level Bedrooms: 4
Total Bedrooms: 4
Main Level Bathrooms: 4
Baths - Full: 4
Baths - Total: 4
Property Condition: Resale
Year Built: 1974
SqFt - Total: 3230
SqFt - Living: 2249
SqFt Source: Tax Rolls
Guest House: Yes
Gated Community: No
Garage Spaces: 2
Covered Spaces: 2
Open Parking Spaces: 12
Year Roof Installed: 2013
Homeowners Assoc: None
Association Deposit: No
Membership Fee Required: No
Subdivision: Palm City Farms
Development Name: Palm City Farms
Legal Desc: 3 39 40 PALM CITY FARMS TRACT 46
Lot SqFt: 435600
Waterfront: Yes
Waterfrontage: 300
Front Exp: South
Private Pool: No
Spa: No
Pets Allowed: Yes
Pets on Premises: Yes
Total Floors/Stories: 1
Location, Tax & Legal
Area: 10 - Palm City West/Indiantown
Geo Area: MA10
Country: United States
County: Martin
Parcel ID: 033940000046000001
Street #: 5225
Street Dir: SW
Street Name: Ludlum
Street Suffix: Street
State/Province: FL
Zip Code: 34990
Zoning: Res
Tax Year: 2023
Taxes: 12425.9
Special Assessment: No
Short Sale: No
Short Sale A/U: N/A
Short Sale Addendum: No
REO: No
HOPA: No Hopa
Elementary School: Crystal Lake Elementary School
Middle School: Dr. David L. Anderson Middle School
High School: South Fork High School
Geo Lat: 27.10765
Geo Lon: -80.324115
Office/Member Info
DXORIGMLNO: RX-10939843
DXORIGMLSID: RML
Storm Protection
Panel Shutters: Partial
Property Features
Design: Ranch
Construction: CBS
Mobile Features: Storage Shed
View: Canal; Garden
Waterfront Details: Interior Canal; Canal Width 1 - 80
Lot Description: West of US-1; 10 to <25 Acres; Private Road
Exterior Features: Awnings; Extra Building; Room for Pool; Shed
Interior Features: Fireplace(s); Pantry; Walk-in Closet
Porch/Patio/Balcony: Porch
Master Bedroom/Bath: 2 Master Suites; Mstr Bdrm - Ground
Furnished: Furniture Negotiable
Rooms: Attic; Family; Laundry-Garage; Storage; Util-Garage; Workshop
Parking: 2+ Spaces; Driveway; Garage - Attached; RV/Boat; Unpaved
Subdiv. Amenities: Horse Trails; Horses Permitted
Maintenance Fee Incl: None
Pet Restrictions: No Restrictions
Restrict: Lease OK
Flooring: Carpet; Tile
Heating: Central; Window/Wall
Cooling: Central; Wall-Win A/C
Equip/Appl Included: Auto Garage Open; Dishwasher; Dryer; Freezer; Microwave; Range - Electric; Refrigerator; Washer; Water Heater - Elec
Dining Area: Breakfast Area; Dining-Living; Eat-In Kitchen
Roof: Comp Shingle
Guest House: 1 Bath; 1 Bedrooms; Kitchen
Equestrian Features: Boarding Allowed
Terms Considered: Cash; Conventional; USDA
Utilities: Electric; Septic; Well Water
Window Treatments: Single Hung Metal
Special Info: Handyman; Sold As-Is
Taxes: No Homestead
Possession: Negotiable; Quick Closing
Room Information
Living Room
Length: 13.00
Width: 26.00
Length: 13.00
Level: Main
Width: 26.00
Kitchen
Length: 12.00
Width: 13.00
Length: 12.00
Level: Main
Width: 13.00
Master Bedroom
Length: 16.00
Width: 16.00
Length: 16.00
Level: Main
Width: 16.00
Listing Office: Keller Williams Eagle Realty
Last Updated: April - 05 - 2024
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