$475,000

8093 Tea Olive Terrace

Palmetto, FL 34221

Active
3
Beds
3
Baths
2,432
Sq Ft
0.2
Acres
2023
Built
$195/sqft360° tour
🏠Single Family Residence

Property type

🏗️2023

Year built

📐8,520 sqft

Lot size

📊$195

Price / sq ft

🏘️$112/mo

HOA dues

📅10

Days on market

🚗2

Garage spaces

🌊X

Flood zone

About this home

Better than new construction! This highly updated, turnkey masterpiece in the ideally located subdivision of Imperial Lakes offers maximum luxury without the wait, absolutely NO CDD fees, and the peace of mind of being situated in a no-flood zone. Nestled on an oversized, fully fenced lot with zero backyard neighbors, the property sits quietly off the south side of Moccasin Wallow Golf Club. The owner spared no expense on premium upgrades, starting with hurricane impact windows and doors throughout the entire home. Inside, the gourmet kitchen is a chef’s dream, featuring a natural gas range, double oven, vented range hood, quartz countertops, a custom backsplash, and designer cabinetry. High-end finishes elevate every corner, including oak stairs, premium tile flooring, upgraded baseboards, custom light fixtures, sleek hardware, raised vanities, and a frameless glass shower door. The home is completely modernized for efficiency and tech, boasting a natural gas water heater and dryer hookups alongside comprehensive pre-wiring for high-speed internet, surround sound speakers, and a security system. Location is everything, offering seamless access to I-75, a short walk or drive to the Publix, restaurants, and coffee shops just outside the community entrance, and close proximity to the upcoming hospital. Enjoy the ultimate blend of style, security, and convenience in an area primed for tremendous growth!

Estimated monthly payment

Principal & interest$2,402
Property taxes$514
Home insurance (est.)$218
HOA dues$112

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history10 days on market

  1. Status: Active
    May 16, 2026
  2. Listed$499,000
    May 16, 2026
  3. Price reduced$475,000

Virtual Tour

Facts & features

Property type
Residential
Sub type
Single Family Residence
Status
Active
Days on market
10
Cumulative DOM
192
Subdivision
Imperial Lakes Residential
County
Manatee
Year built
2023
Living area
2,432 sq ft
Price/sq ft
$195
Building area
3,073 sq ft (Public Records)
Lot size
8,520 sq ft
Lot category
0 to less than 1/4
Flood zone
X (12081C0159E)
Garage
2 spaces
Annual taxes
$6,164 (2025)
Parcel #
648206409
Zoning
PD-R
MLS #
A4692912

Interior Details

Bedrooms
3
Full bathrooms
3
Flooring
Carpet, Epoxy, Tile, Wood
Appliances
Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range Hood, Refrigerator, Washer
Interior features
Ceiling Fans(s), Eat-in Kitchen, In Wall Pest System, Kitchen/Family Room Combo, Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s)
Laundry
Gas Dryer Hookup, Inside
Stories / Levels
Two
Direction faces
North

Heating & Cooling

Heating
Central
Cooling
Central Air

Parking

Garage spaces
2
Attached garage
Yes

HOA & Financial

HOA fee
$335 / Quarterly
Monthly HOA
$112/mo
Total monthly fees
$112/mo
Total annual fees
$1,340
HOA name
Brett Gray
CDD
No
Homestead exemption
Yes
Min lease term
1-7 Days
Listing terms
Cash, Conventional, FHA, VA Loan
Ownership
Fee Simple
Available for lease
Yes
Lease restrictions
No
Additional lease restrictions
Buyer to confirm with HOA
Approval process
CONFIRM WITH HOA

Exterior & Construction

Exterior features
Sidewalk, Sliding Doors
Construction materials
Block
Roof
Shingle
Foundation
Slab
Road surface
Asphalt

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Electricity Connected, Natural Gas Connected, Underground Utilities, Water Connected

Community

Pets allowed
Cats OK, Dogs OK, Yes

Schools

ElementaryVirgil Mills ElementaryGreatSchools ↗
MiddleBuffalo Creek MiddleGreatSchools ↗
High SchoolCPalmetto HighGreatSchools ↗

Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.

Room Details

RoomLevelDimensions
KitchenFirst
Living RoomFirst
Primary BedroomFirst
Bedroom 2First
Bedroom 3First
OfficeFirst
Bonus RoomSecond
Bathroom 1First
Bathroom 2First
Bathroom 3Second
Dining RoomFirst

Listing Details

Listing date
2026-05-09
On market date
2026-05-16
Original list price
$499,000
Occupant type
Vacant
MLS area
34221 - Palmetto/Rubonia
Listing AOR
Sarasota - Manatee
Status changed
2026-05-16
Tax legal description
LOT 28, IMPERIAL LAKES RESIDENTIAL PI #6482.0640/9

Flood risk

Minimal riskFEMA Zone XPanel 12081C0159E

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

South on Baffalo Rd off of Moccasin Wallow. left on Bobby Jones Ct, right on Tea Olive

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of May 26, 2026 at 1:04 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA