Address5225 Sw Ludlum St, Palm City, FL, 34990

Price$1,190,000

  • 4 Beds
  • 4 Baths
  • Residential
  • 2,249 SQ FT
  • Built in 1974

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.

Essential Information

  • MLS® #RX-10939843
  • Price$1,190,000
  • HOA Fees$0
  • Taxes$12,426 (2023)
  • Bedrooms4
  • Bathrooms4.00
  • Full Baths4
  • Square Footage2,249
  • Acres10.00
  • Price/SqFt$529 USD
  • Year Built1974
  • TypeResidential
  • RestrictionsLease OK
  • StyleRanch
  • StatusActive

Community Information

  • Address5225 Sw Ludlum St
  • SubdivisionPalm City Farms
  • DevelopmentPalm City Farms
  • CityPalm City
  • CountyMartin
  • StateFL
  • Zip Code34990

Sub-Type

Residential, Single Family Detached

Area

10 - Palm City West/Indiantown

Amenities

Horse Trails, Horses Permitted

Utilities

3-Phase Electric, Well Water, Septic

Parking

2+ Spaces, Driveway, Garage - Attached, RV/Boat, Unpaved

Waterfront

Interior Canal, Canal Width 1 - 80

Interior Features

Fireplace(s), Pantry, Walk-in Closet

Appliances

Auto Garage Open, Dishwasher, Dryer, Freezer, Microwave, Range - Electric, Refrigerator, Washer, Water Heater - Elec

Exterior Features

Shed, Awnings, Extra Building, Room for Pool

Lot Description

West of US-1, 10 to <25 Acres, Private Road

Elementary

Crystal Lake Elementary School

Middle

Dr. David L. Anderson Middle School

Office

Keller Williams Eagle Realty

Amenities

  • # of Garages2
  • ViewGarden, Canal
  • Is WaterfrontYes

Interior

  • HeatingCentral, Window/Wall
  • CoolingCentral, Wall-Win A/C
  • FireplaceYes
  • # of Stories1
  • Stories1.00

Exterior

  • WindowsSingle Hung Metal
  • RoofComp Shingle
  • ConstructionCBS

School Information

  • HighSouth Fork High School

Additional Information

  • Days on Website148
  • ZoningRes

Listing Details

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Price Change History for 5225 Sw Ludlum St, Palm City, FL (MLS® #RX-10939843)

Date Details Change
Status Changed from Price Change to Active
Status Changed from Active to Price Change
Price Reduced from $1,290,000 to $1,190,000 $100,000 (7.75%)
Status Changed from Price Change to Active
Status Changed from Active to Price Change
Show More (11)

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Listing information last updated on April 27th, 2024 at 3:45am EDT.

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