Atlantic Luxury Advisors
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64 photos

1542 JASMINE

Palm City, FL 34990

$719,000
4
3
2,677 sq ft
28,030 sq ft
1997
2 car
Single Family Residence
$197/mo
Yes
46
Active

Listing courtesy of Blue Realty Team, LLC (Tanya Murcia LLC). Contact: [email protected].

About this home

Rare opportunity in the gated community of Orchid Bay in Palm City! Situated on an oversized .64-acre lot, this single-story 4-bedroom, 3-bath CBS pool home offers an impressive 2,677 sqft of living space & 3,589 total sqft with tremendous potential for the buyer ready to make it their own. In addition to the 4 bedrooms, an additional, sitting room located off the primary bedroom features a closet & window, offering flexible space. Generous living areas, an attached 2 car garage & expansive screened, heated saltwater pool area provide an excellent foundation for renovation & personalization. Priced aggressively to reflect its current condition & offered AS-IS, (see supplement remarks) Orchid Bay is an established gated community with two gated entrances, four lakes, tennis courts, playground, sand volleyball, canoe/kayak launch, gazebo & a 3+ acre recreation area. Low HOA maintains the common grounds, roadways, fountains, lakes & recreation areas. Public water, septic & a separate well for irrigation. With its combination of square footage, oversized lot, heated saltwater pool & location within Orchid Bay, this is a property with exceptional potential.

What it costs to own
Estimated monthly payment
$5,189/mo
Principal and interest
$3,636
Property tax
$906
Homeowners insurance
$450
HOA
$197

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$10,873/yr

Estimate: the price times the Martin County average total millage (16.06 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
$197/mo (from the listing)
FEMA flood zone
Zone X, minimal risk

Outside the special flood hazard area. Flood insurance is optional.

Hurricane evacuation zone
Zone E: ordered to evacuate for Category 4 and 5 hurricanes.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.