2927 SW Lakemont Place, Palm City, FL 34990

$225,000
Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 1,374 Status: Closed
Current Price: $225,000 List Date: 7/07/2026 Last Modified: 8/22/2026

Overview

Description

Welcome to 2927 SW Lakemont Place, located in The Meadows at Martin Downs community in Palm City, FL. This well-maintained 2-bedroom, 2.5-bath townhome offers spacious bedrooms and two full bathrooms located upstairs, plus a convenient half bath on the main level. Lovingly cared for by its original owners, this home is a true blank canvas, ready for its next owner to add their own style and personal touch. Major updates include a newer roof (2018) and a brand-new (2025) A/C. Community amenities, include a swimming pool, tennis courts, and a children's playground. Conveniently located just minutes from I-95 and Turnpike this home offers easy access for commuters while remaining close to shopping & dinning. SELLER IS MOTIVATED, don't miss this opportunity!

Listing Details MLS# B26049547

General Property Information

Unit Floor #
2927
Property Sub Type
Townhouse
Bedrooms Total
2
Bathrooms Total
3
Bathrooms Full
2
Bathrooms Half
Yes
Building Area Main
1374
Building Area Source
Public Records
Living Area Main
1374
Living Area Source
Public Records
Accessibility Features YN
No
Year Built
1989
Parking Total
2
Gated Community YN
Yes
Lot Size Area
1225
Lot Size Acres
0.03
Senior Community YN
No
Stories Total
2
Stories
2
Direction Faces
East
Fireplace YN
No
Pool Private YN
No
Year Roof Installed
2018
LP/Assessed Value
2.38

Property Features

Application Information: Association Approval Required Association Fee Includes: Maintenance Grounds; Reserve Funds Flooring: Carpet; Tile Leasing Permitted Details: Okay To Lease With Restrictions Parking Features: Assigned Property Condition: Resale Special Listing Conditions: Standard Appliances: Dishwasher; Dryer; Refrigerator; Washer; Water Heater; Range Water Heater Details: Electric Water Heater Construction Materials: CBS Cooling: Central Air Association Type: Homeowner Association Heating: Central Interior Features: Walk-In Closet(s) Levels: Two Listing Terms: Cash; Conventional; FHA; VA Loan Main Living Area: Entry Level Pets Allowed YN: Yes Pets Allowed: Breed Restrictions; Number Limit Possession: Close Of Escrow Restrictions: Buyer Approval Required; Lease Restrictions Other Leasing Restrictions: Leasing Prohibited 1st Year Roof: Metal Security Features: Gated with Guard Sewer: Public Sewer Structure Type: Townhouse Tax Information: Homestead Exemption Utilities: Cable Available; Electricity Available; Water Available Water Source: Public Window Features: Blinds Showing Requirements: Schedule Online Contingencies: Financing; Inspection Room Types: Kitchen; Living Room; Master Bedroom Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
249000
Occupant Type
Vacant
Listing Service
Full Service

Location and Legal

Country
United States
County Or Parish
Martin
Street Number
2927
Street Direction Prefix
SW
Street Name
Lakemont
Street Suffix
Place
Municipality Type
Unincorporated
State Or Province
FL
Postal Code
34990
Postal Code +4
8214
Subdivision Name
THE MEADOWS AT MARTIN DOWNS
Area
6090 - Palm City
Geographic Area
MRTC - Martin County
Elementary School
Bessey Creek
Middle Or Junior School
Hidden Oaks
High School
Martin County
Special Assessment YN
No
Parcel Number
123840007023000202
Subdivision Number
7
Zoning
res
Flood Zone
X

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
449
Association Fee Frequency
Monthly
Association Membership
Mandatory
Application Required YN
Yes
Association Phone
772-283-2250
Association Email
jheins@meadows-hoa.com
Association Website
https://themeadowsatmartindowns.com/
Master Association YN
No
Estimated Monthly Assoc Recurring Fee
449
Membership Fee Required YN
No
Tax Annual Amount
850.35
Tax Year
2025
Tax Assessed/SOH Value
96166
Tax Legal Description
PARCEL 50 AT THE MEADOWS LOT 23-B
Assessor Market Value
244590

Status Change Information

Major Change Timestamp
2026-08-22T12:28:07Z
Major Change Type
Status Change
Price Change Timestamp
2026-07-14T00:33:37Z
Status Change Date
2026-08-22
Under Contract Date
2026-07-20
Close Date
2026-08-21
Close Price
225000
Buyer Financing
FHA

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Leasing Permitted Details

Leasing Permitted YN
Yes

Parking Information

Parking Space Number
23B

Capital Contributions

Capital Contributions YN
Yes
Capital Contributions Amount
500

Main Level Rooms

Main Level Bathrooms
Yes

Pet Details

Pet Fee YN
No

Leasing Restrictions

Leasing - Max Times Per Year
Yes
Leasing - Minimum Number of Days
120

Price Calculations

Current Price To SqFt
181.22

Originating Details

Originating System Key
20260705152004082710000000
Originating System ID
M00000170

Room Information

Room Name
Kitchen
Living Room
Master Bedroom
IDX
Listing Office: Real Estate of Florida
Source MLS Verified
Last Updated: August - 22 - 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.