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8243 Tea Olive Ter

Palmetto, FL 34221

4 bd 2 ba 1,902 sqft Built 2022 Lot 6,240 sqft single_family
Most recent sale
$489,900
Jan 23, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 23, 2023 Sold $489,900 StellarMLS
Dec 2, 2022 Listing removed ConsolidatedBuilderFeed
Oct 2, 2022 Listed $489,900 MLS #0005
Sep 26, 2022 Price changed $489,900 MLS #T3377107
Aug 5, 2022 Price changed $484,900 MLS #T3377107
Jun 10, 2022 Listed $505,889 MLS #T3377107

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $295,569 $89,675 $385,244 $5,584
2024 $295,569 $89,675 $385,244 $5,437
2023 $89,675 $89,675 $1,458

Property facts

Year built
2022
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,902 sqft
Lot size
6,240 sqft
ZIP code
34221
City
Palmetto
Street
Tea Olive Ter
Coordinates
27.58801, -82.50055

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,519
Gross rental yield
8.62%
Implied cap rate
5.60%
Trend-extrapolated value

Frequently asked questions

When did 8243 Tea Olive Ter last sell?
8243 Tea Olive Ter most recently sold on Jan 23, 2023 for $489,900.
What is the current tax assessment for 8243 Tea Olive Ter?
The most recent total assessment for 8243 Tea Olive Ter (year 2025) is $385,244 with $5,584 in property tax.
How does 8243 Tea Olive Ter's assessment compare to its last sale price?
The current assessment is 21.4% below the last sale price of $489,900.
When was 8243 Tea Olive Ter built?
8243 Tea Olive Ter was built in 2022.
How does 8243 Tea Olive Ter compare to others on Tea Olive Ter?
We track 8 other properties on Tea Olive Ter. Browse the list under "Other properties on Tea Olive Ter" to compare beds, baths, and sale history.
What are the property facts for 8243 Tea Olive Ter?
8243 Tea Olive Ter is a 4 bed, 2 bath, 1,902 sqft, 6,240 sqft lot single_family.
Is 8243 Tea Olive Ter a flip candidate?
No — 8243 Tea Olive Ter does not appear in our flips dataset.
Is 8243 Tea Olive Ter a tax-appeal candidate?
No — 8243 Tea Olive Ter is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.1%
Implied 1-yr
-4.4%
2026 Q3
$447.8K
2026 Q4
$442.6K
ZIP 34221 — Median Price History + Forecast

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