
Sold Aug 18, 2026
$150,000A rare opportunity to build in the heart of Old Palm City. This 75' x 100' single-family lot offers the flexibility to create your dream home, guest cottage, or detached garage with apartment. City water is available, with sewer service underway as part of the Old Palm City Sewer Project (estimated completion Summer 2027). Ideally located close to downtown Palm City, schools, and the boat ramp. The CRA Regulating Plan allows for enhanced building possibilities, with Future Land Use designated ''Multifamily.'' Don't miss the progress—see attached photos highlighting the Cornell Avenue update. https://maps.app.goo.gl/HMwaDwJJjf6PfSo67 According to Martin County Utilities, 3529 SW Cornell Ave. is included in Phase 2 of the County's planned sewer expansion project. The County is currently reallocating grant funds to help expedite the project and has received authorization to move forward with grinder pump systems. Current projections are for Phase 2 design to be completed in August-September 2026, construction to begin in late 2026, and—if the project proceeds as planned—sewer connections could begin as early as April or May 2027. Martin County has also transitioned from an assessment-based funding model to a pay-as-you-connect approach, which is expected to be more economical for property owners. Buyers should independently verify all timelines and connection details with Martin County Utilities, as project schedules are subject to change. Utilities and Sold Waste Department for more information on sewer. Setbacks depend on the building type within the CRA. An All-Yard House setbacks are provided below. Please visit the following webpage for the Architectural Design Standards of the Old Palm City CRA.
Listing last checked: Listing updated:
Listed by Barbra Davis · Illustrated Properties/Hobe So · MLS #R11065690
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Listing annual taxes: $1,101. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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