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2846 SW Lakemont Place, Palm City, FL, 34990

2beds
3baths
1,374sqft
$275,000
$200price/sqft
$2,205/moest. monthly cost
$88,200/yrincome needed

About This Home

Welcome to the beautiful community of the Meadows. Enjoy this well maintained 2 bedroom, 2.5 bath townhome. Stainless appliances, granite countertops, screened in porch, 2 assigned parking, manned security guard gate. Lush mature landscaping everywhere. Community pool, tennis, pickleball, playground and multiple peaceful walking paths.

Getting Around

35
WalkingCar-Dependent
0
TransitVery Limited Transit
46
BikeSomewhat Bikeable

Schools

9/10
7/10
5/10
Martin County High SchoolGrades 9-122.6 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1989

Materials

  • Roof: Metal
  • Construction materials: Block

Type & Style

  • Home type: Townhouse
  • Architectural style: Fourplex
  • Property subType: Townhouse,Quadruplex,Multi Family

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Electric Range,Electric Water Heater,Free-Standing Freezer,Disposal,Refrigerator,Water Heater
  • Laundry features: Washer Hookup,Dryer Hookup,Inside

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Breakfast Area,Kitchen/Dining Combo,Multiple Primary Suites,Multiple En Suite Bathrooms,Separate Shower,Tub Shower,Upper Level Primary
  • Flooring: Carpet

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Ceiling Fan(s),Electric

Interior Area

  • Total structure area: 1,374
  • Total interior livable area: 1,374 sqft

Kitchen

  • Level: Main
  • Area: 110
  • Dimensions: 11 X 10

Living Room

  • Level: Main
  • Area: 260
  • Dimensions: 20 X 13

Master Bedroom

  • Level: Second
  • Area: 143
  • Dimensions: 13 X 11

Master Bedroom

  • Level: Second
  • Area: 143
  • Dimensions: 13 X 11

Property

Details

  • Parcel number: 123840007007000303
  • Attached to another structure: Yes
  • Zoning: Residential
  • Special condition: Listed As-Is

Features

  • Levels: Multi/Split,Two
  • Stories: 2
  • Entry location: Entry Level Living Area Y
  • Pool features: Association
  • Patio & porch: Patio,Porch,Screened
  • Exterior features: Outdoor Living Area,Tennis Court(s),Porch
  • Has view: Yes
  • View description: Garden
  • Waterfront features: None

Lot

  • Lot size: 1,230 sqft
  • Features: < 1/4 Acre

Parking

  • Total spaces: 2
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Strong Wind
Tsunami

FEMA Declared Disasters in Martin County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,390$16,680
Home Insurance *$234$2,808
Property Taxes $384$4,608
Electricity $197$2,366
Total$2,205$26,460
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$75,600/yr
40% on housing$66,150/yr
45% on housing$58,800/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.8%
14.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$200This listing

vs Other Active Listings

Avg $/sqft

ZIP 34990$291
Martin County$354

vs Homes Sold Last Month

Median $/sqft

ZIP 34990$285
Martin County$295

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-13Price change$275,000
2026-03-11Price change$284,500
2025-08-16Price change$289,500
2025-06-16Listed for sale$299,500
2015-04-09Sold$142,750
2015-02-11Price change$149,900
2014-12-19Listed for sale$158,500
2014-11-26Sold$113,000
2014-10-01Price change$119,900
2014-07-31Price change$129,900
2014-06-27Price change$139,900
2014-05-28Price change$149,900
2014-04-12Listed for sale$159,900
2013-06-15Listing removed$1,050
2013-05-18Listed for rent$1,050
2012-10-01Listing removed$109,000
2012-07-18Price change$109,000
2012-03-29Price change$99,900
2012-01-25Listed for sale$105,000
2011-08-28Listing removed$102,000
2011-08-05Listed for sale$102,000
2007-03-23Sold$160,000

For Sale by Agent

AgentSuzanne Labadie Vanden Bosch
BrokerageKeller Williams Realty Of The Treasure Coast

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