118 Tea Olive Drive, FL118 Tea Olive Drive, FL118 Tea Olive Drive, FL
Stellar MLS
1 / 3

$337,990

118 Tea Olive Drive

Palm Coast, FL 32137

Listing updated: August 13, 2026 at 12:26 PM ET

Active
Stellar MLSListing courtesy of Round Table Realty · Keith Francis · MLS #FC320240 · Active · 904-469-7653
4
Beds
2
Baths
1,707
Sq Ft
0.2
Acres
2026
Built
Water viewNew construction$198/sqft
Single Family Residence

Property type

2026

Year built

258,120 sqft

Lot size

$198

Price / sq ft

$33/mo

HOA dues

16

Days on market

2

Garage spaces

X

Flood zone

About this home

This stunning, single-story home showcases 4 bedrooms, 2 bath and an extended garage with a pond view. Inside, discover an open floor plan with volume ceilings, luxury vinyl flooring throughout and a spacious great room. The kitchen boasts luxury vinyl flooring, Woodmont® cabinets, granite countertops, island and Whirlpool® stainless steel appliances. The primary suite features a large walk-in closet and connecting bath that offers quartz countertops, and a dual-sink vanity. Other highlights include ENERGY STAR® certified lighting, Moen® faucets, Kohler® sinks and a smart thermostat. Enjoy your pond view on the extended covered back patio. KB Home at Somerset includes a brand-new playground, dog park and pool! Closing cost assistance available on this home.

Estimated monthly payment

Principal & interest$1,709
Property taxes$0
Home insurance (est.)$155
HOA dues$33

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 history16 days on market

  1. Status: Active
    Jul 28, 2026
  2. Listed$348,990
    Jul 28, 2026
  3. Price reduced$337,990

Facts & features

Property type
Residential
Sub type
Single Family Residence
Status
Active
Days on market
16
Subdivision
Somerset At Palm Coast Park
County
Flagler
Year built
2026
Living area
1,707 sq ft
Price/sq ft
$198
Lot size
258,120 sq ft
Lot category
0 to less than 1/4
Flood zone
X
Garage
2 spaces
Parcel #
0411305571000003400
Zoning
SFR
MLS #
FC320240

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Interior Details

Bedrooms
4
Full bathrooms
2
Flooring
Carpet, Ceramic Tile, Laminate
Appliances
Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Ice Maker, Range, Refrigerator, Tankless Water Heater, Washer
Interior features
Ceiling Fans(s), High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Thermostat
Laundry
Inside, Laundry Room
Stories / Levels
One
Direction faces
North
New construction
Yes

Heating & Cooling

Heating
Central, Natural Gas
Cooling
Central Air

Parking

Garage spaces
2
Attached garage
Yes

HOA & Financial

HOA fee
$98 / Quarterly
Monthly HOA
$33/mo
Total monthly fees
$33/mo
Total annual fees
$392
HOA name
Sovereign & Jacobs
CDD
Yes
Homestead exemption
Yes
Min lease term
7 Months
Listing terms
Cash, Conventional, FHA, VA Loan
Ownership
Fee Simple
Available for lease
Yes
Lease restrictions
No

Exterior & Construction

Exterior features
French Doors
Construction materials
Cement Siding
Roof
Shingle
Foundation
Slab
Water view
Yes
Road surface
Paved

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Cable Connected, Natural Gas Connected, Public, Sewer Available, Sewer Connected, Sprinkler Recycled, Underground Utilities, Water Available

Community

Pets allowed
Yes

Room Details

RoomLevelDimensions
KitchenFirst7x14
Primary BedroomFirst13x15
Great RoomFirst15x26
Bedroom 2First10x11
Bedroom 3First10x11
FoyerFirst5x16
LaundryFirst6x7

Listing Details

Listing date
2026-07-27
On market date
2026-07-28
Original list price
$348,990
Occupant type
Vacant
MLS area
32137 - Palm Coast
Listing AOR
Flagler
Status changed
2026-07-28
Tax legal description
Closing Bear

Flood risk

Minimal riskFEMA Zone X

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

From I-95 exit 298 merge onto US-1 South. Continue straight through two traffic circles to stay on US-1 South. Community entrance will be on right about two miles south of second traffic circle.

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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 August 13, 2026 at 12:26 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.

All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.

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