2540 SW Brookwood Lane, Palm City, FL 34990

$236,550
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,592 Status: Closed
Current Price: $236,550 List Date: 8/02/2019 Last Modified: 7/05/2026

Overview

Description

PRICE REDUCED - 2BR/2BA/ with office/3rd BR in the immaculately maintained Monarch Country Club Development. This property has it all: location, great floor plan, accordion hurricane shutter, and unlimited potential. Come add your personal touches and make this property a home. The Association maintains the lawn, paints the exterior, pressure washes the roof every 6 months, and provides basic cable. This is a reverse mtg REO and is governed by HUD Guidelines for offers, list price reductions, and repairs. All Contracts and offers are subject to final review and approval of seller, and offers or contracts are not binding unless entire agreement is ratified by all parties. If utilities are to be turned on for inspections, must be in buyer's name. MLS info not guarantee

Listing Details MLS# R10526938

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
3
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
2592
Building Area Source
Public Records
Living Area Main
2018
Year Built
1988
Garage YN
Yes
Attached Garage YN
Yes
Garage Spaces
2.5
Covered Spaces
2.5
Lot Size Area
9626
Lot Size Acres
0.22
Senior Community YN
No
Stories Total
Yes
Stories
Yes
Direction Faces
Northeast
Pool Private YN
No
Furnished
Unfurnished

Property Features

Association Fee Includes: Cable TV; Common Areas; Maintenance Grounds; Security Dining Area: Breakfast Area; Dining/Living Room Electric: Three Phase Flooring: Carpet; Ceramic Tile; Laminate Parking Features: Garage Door Opener; Attached Garage; Garage Property Condition: Resale Special Listing Conditions: Real Estate Owned Appliances: Dishwasher; Dryer; Electric Range; Refrigerator; Washer; Water Heater Water Heater Details: Electric Water Heater Architectural Style: Mediterranean Construction Materials: CBS Cooling: Central Air Association Type: Homeowner Association Heating: Central; Electric Interior Features: Bar; Closet Cabinetry; Roman Tub; Walk-In Closet(s) Laundry Features: Inside Listing Terms: Cash; Conventional Membership: Other Membership Available Pets Allowed YN: Yes Pets Allowed: Pet Restrictions Possible Possession: Negotiable Restrictions: Parking - No Commercial Vehicles; Parking - No RV Road Frontage Type: West of US-1 Roof: Concrete; Tile Security Features: Gated with Guard; Security Patrol Special Information: Sold As-Is Tax Information: No Homestead Utilities: Cable Available; Water Available View: Golf Course Water Access: None Water Source: Public Water View: Pond Showing Requirements: Schedule Online Outdoor Living Spaces: Glass Enclosed; Porch Contingencies: Inspection Concessions Detail: Other Room Types: Convertible Bedroom; Family Room; Kitchen; Laundry; Living Room; Master Bedroom Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
280000

Location and Legal

County Or Parish
Martin
County Parish Name
Martin
Street Number
2540
Street Direction Prefix
SW
Street Name
Brookwood
Street Suffix
Lane
City Name
Palm City
State Or Province
FL
Postal Code
34990
Postal Zip
34990
Subdivision Name
Monarch Country Club
Development Name
Monarch
Area
6090 - Palm City
Geographic Area
MRTC - Martin County
Special Assessment YN
No
Parcel Number
073841007000002304
Zoning
PUD-R
Directions
Martin Downs to Monarch Country Club entrance, once through the guard gate continue on Monarch to the first stop sign then turn left on to Foxpointe to first left which is Brookwood-home on right side
Multiple Offers Accepted
Yes

Financial Information

Association YN
Yes
Association Fee
471
Association Fee Frequency
Monthly
Association Membership
Mandatory
Association Phone
772-781-1216
Association Website
www.monarchhoa.org
Membership Fee Required YN
No
Tax Annual Amount
4869.49
Tax Year
2018
Tax Legal Description
MARTIN DOWNS PLAT NO. 20, LOT 23

Status Change Information

Major Change Timestamp
2019-10-28T20:41:01Z
Major Change Type
Status Change
Price Change Timestamp
2019-10-01T12:22:46Z
Status Change Date
2019-10-28
Under Contract Date
2019-10-11
Close Date
2019-10-25
Close Price
236550
Buyer Financing
Cash

More Information

Short Sale Details

Short Sale Addendum
No

Storm Protection

Accordian Shutters
Complete

Room Types

Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Main

Price Calculations

Current Price To SqFt
117.22
Original List Price To Close Price
1.18

Originating Details

Originating System Key
20190502141322275839000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level
Living Room 23.00 17.00 Main
Kitchen 15.00 10.00 Main
Master Bedroom 16.00 10.00 Main
Convertible Bedroom
Family Room
Laundry
IDX
Listing Office: Cornerstone Real Estate Broker
Source MLS Verified
Last Updated: July - 05 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.