Home » Palm City » 5225 SW Ludlum Street, Palm City, FL 34990 | F10483455

For Sale 5225 SW Ludlum Street, Palm City, FL 34990

$999,000

Property Highlights

Listing ID F10483455 Status of this Listing: Active For Sale Property Type Residential Single Family House 4 Bedrooms 4 Bathrooms Total 4 Full Bath Living Space 2,312 Sqft/214.79 m2 approx. Lot area 435,600 Sqft/40468.56 m2 approx. Year Built 1974 Seller considers Owner Financing Time of this property on Rebonus 6 Day(s)
  • 5225 SW Ludlum Street Palm City MLS F10483455 Listing Photo #1

5225 SW Ludlum Street, Palm City, FL 34990

Property Description: Investor and developer occasion to purchase 10-acre property, 652.5 wide with 674.5 deep, in the heart of Palm City Farms. Surrounded with horse community 's, USDA approved area, this property is for sale under appraised value. There is one CBS home with 3 bedrooms, 3 bathrooms, 2 car garage and a 1/1 guest quarters. The property is currently being used for storage and need a big clean up! The lot can be subdivided into 2 parcels. The existing home needs upgrade. Easy access to I-95, shopping and dining.

Useful Info

Original List Price:$999,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Rooms Distribution

Main Level Bedrooms:1
Main Level Bathrooms:1

Construction

Year Built Details:
  • Resale
Architectural
Style:
  • Ranch
Property Condition:
  • Resale
Construction Materials:
  • Block
Flooring:
  • Carpet
  • Tile

Property Features

View from the Property:
  • Other
Waterfront:No
Furnished:
  • Unfurnished
Appliances:
  • Dryer
  • Dishwasher
  • Microwave
  • Refrigerator
  • Washer
  • Electric Range
  • Electric Water Heater
Interior Features:
  • Eat-in Kitchen
  • Living/dining Room
  • First Floor Entry
  • Breakfast Area
  • Pantry
  • Walk-in Closet(s)
  • Attic
  • Fireplace
  • Workshop
  • Main Level Primary
Exterior Features:
  • Fruit Trees
  • Room For Pool
Roof:
  • Other
Laundry Features:
  • In Garage
Fireplace:Yes
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Ceiling Fan(s)
  • Electric
Heating:Yes
Heating System:
  • Central
  • Electric
Property Entrance Faces:
  • South

Taxes and Expenses

Tax Annual Amount:$12,426

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Property Tax Status:Tax Reflects City & County Tax

Terms

Listing Terms Considered by Seller:
  • Cash
  • Owner May Carry (Owner Financing, The Seller may be interested in carrying the mortgage note)
Occupant Type:
  • Vacant
Buyer Possession:
  • Close Of Escrow
Lease Considered:No

Community

Subdivision Name:Palm City Farms
Community Features:
  • Non-gated
Senior Community:No
Restrictions:No Restrictions

Parking

Garage:Yes
Garage Spaces:2
Covered Spaces:2
Attached Garage:Yes
Parking Features:
  • Driveway
  • Garage
  • Garage Door Opener
  • Attached
  • Rv Access/parking

Utilities

Sewer:
  • Septic Tank
Utilities Available:
  • Cable Available
Water Source:
  • Well

More Details

Other Information:
Housing Older Persons ActNo HOPA
Data exchange original Listing NumberF10483455
Type of AssociationNone
Ref1103411419

Zoning and Legal

Tax Legal Description:3 39 40 PALM CITY FARMS TRACT 46
Real Estate Folio Number (Parcel Number):033940000046000001
Zoning Description:res

Listing History

Update/EventDate/Days
Published Date:January 28, 2025 6:18 am
On Market Date:January 28, 2025
Listing Contract Date:January 28, 2025
Last Important Update Description:New Listing
Date and Time of Last Important Update:January 28, 2025 6:18 am
Status Last Changed:January 28, 2025 6:18 am
Photos Last Modified:January 28, 2025 11:30 am
Last Modified:February 1, 2025 6:27 pm
Days on the Market Reference Date:February 1, 2025
Days on the Market (updated on Last Modified*):4
Cumulative Days on the Market (updated on Last Modified**):4

Additional Information

Lot Size Range:10 Or More Acre Lot,
Number of Photos:1
Location:,
Included:,,
Geographical Area:Martin County (6090; 6100; 6120)
Area:9 - Palm City
Automated Valuation Display:Yes
Courtesy of:Charles Rutenberg Realty FTL
Universal Property Id:US-12085-N-033940000046000001-R-N

Location

Show Property Address:Yes
Street Name:Ludlum Street
Street Number:5225
Street Direction Prefix:SW
Street Address:5225 SW Ludlum Street
City : Palm City
State : Florida
Zip Code : 34990
County : Martin
Full Address:5225 SW Ludlum Street, Palm City, FL 34990
Latitude:N27° 6' 27.6''
Longitude:W81° 40' 33.1''

Neighborhood

Postal City:Palm City

Property Map

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