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5508 SW Orchid Bay Dr
Palm City, FL 34990
Listing courtesy of RE/MAX Select Group. Contact: 772-283-9991.
EXCEPTIONAL CUSTOM BUILT LAKEFRONT ESTATE IN GATED ORCHID BAY! Discover extraordinary craftsmanship, timeless elegance, and breathtaking panoramic lake views in this distinctive two story custom-built residence in Palm City's desirable Orchid Bay community. Offering 4,129 square feet of luxurious living space and 5,733 total square feet, you will live the oversized 3 + C garage plus this remarkable home was thoughtfully designed and constructed by its original owner-builder with an emphasis on quality, strength, and architectural distinction. Featuring substantial 2 stories of concrete block and stucco construction, including the soffits, and a stunning standing-seam metal roof approximately three years new, this residence exemplifies enduring quality. The desirable first-floor primary suite offers convenience and comfort, while the spacious two-story design provides exceptional opportunities for entertaining and gracious everyday living. The true centerpiece is the spectacular panoramic lakefront setting, where expansive water views, refreshing natural breezes, and beautiful surroundings create an atmosphere of peace and tranquility. A rare opportunity to own a truly distinctive custom-built lakefront residence where quality construction, exceptional views, and the privacy of gated Orchid Bay come together in one extraordinary offering.
- Principal and interest
- $7,058
- Property tax
- $1,812
- Homeowners insurance
- $875
- 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.
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.
The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.
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.
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 Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.