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2783 SW Butterfly Lane, Palm City, FL, 34990

3beds
3baths
2,333sqft
$524,900
$225price/sqft
$4,012/moest. monthly cost
$160,480/yrincome needed

About This Home

Immaculately maintained and thoughtfully updated, this beautiful twostory home combines modern upgrades, solid concrete block construction on both levels, and a peaceful setting backing up to a protected nature preserve. Recent improvements include waterproof vinyl plank flooring and fresh interior paint (2023), solid wood interior and closet doors with upgraded trim (2024), and a new private office with sliding glass doors (2024). The home also features new window treatments with bamboo shades, updated lighting and ceiling fans, and a renovated security system with Google Home integration. Exterior updates provide both appeal and peace of mind: new gutters with gutter covers, French drains, and an upgraded sprinkler system (2023), accordion storm shutters on the second story that close from the inside (2025), and full professional landscaping with marble chip and paver walkway. Additional highlights include low HOA fees and proximity to Martin County's toprated schools: Bessey Creek Elementary and Hidden Oaks Middle. Enjoy modern comfort, smart upgrades, and a natural backdrop—all in one exceptional home at 2783 SW Butterfly Lane.

Getting Around

33
WalkingCar-Dependent
0
TransitVery Limited Transit
45
BikeSomewhat Bikeable

Schools

9/10
7/10
5/10
Martin County High SchoolGrades 9-122.3 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 2007

Materials

  • Roof: Barrel
  • Construction materials: Block

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Electric Water Heater,Microwave,Refrigerator,Water Heater
  • Laundry features: Inside,Washer Dryer Install Allowed

Bedrooms & Bathrooms

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

Features

  • Bathtub,Dual Sinks,Soaking Tub,Separate Shower,Upper Level Primary,Walk-In Closet(s)
  • Window features: Other
  • Flooring: Vinyl

Heating & Cooling

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

Interior Area

  • Total structure area: 2,922
  • Total interior livable area: 2,333 sqft

Property

Details

  • Parcel number: 133840037000008400
  • Zoning: Single Family
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: Association

Lot

  • Lot size: 4,500 sqft

Parking

  • Total spaces: 4
  • Parking features: Attached,Driveway,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

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
    LightningVery High
  • Coastal Flooding
    Coastal FloodingModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Coastal Flooding
Inland Flooding
Strong Wind
Tornado
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 $2,654$31,848
Home Insurance *$448$5,376
Property Taxes $676$8,112
Electricity $234$2,817
Total$4,012$48,144
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$137,554/yr
40% on housing$120,360/yr
45% on housing$106,986/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

$225This listing

vs Other Active Listings

Avg $/sqft

ZIP 34990$290
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)

Price History

DateEventPrice
2026-04-03Listed for sale$550,000
2023-01-06Sold$495,000
2022-12-29Pending sale$529,900
2022-12-14Contingent$529,900
2022-11-19Price change$529,900
2022-08-30Price change$565,000
2022-08-17Price change$585,000
2022-08-01Price change$599,000
2022-07-18Listed for sale$610,000
2019-02-27Sold$116,900
2015-01-29Sold$238,000
2014-11-05Listed for sale$238,000
2014-08-07Listing removed$219,900
2014-06-26Price change$219,900
2014-04-03Listed for sale$220,000
2013-07-12Listing removed$219,900
2013-05-04Price change$219,900
2012-10-20Price change$239,000
2012-08-15Listed for sale$255,000
2011-11-15Listing removed$1,750
2011-09-02Listed for rent$1,750
2007-08-13Sold$430,000

For Sale by Agent

AgentDan Igo
BrokerageThe Corcoran Group

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