8234 TEA OLIVE TERRACE Palmetto, FL $ 725,000
8234 TEA OLIVE TERRACE
$ 725,000
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8234 TEA OLIVE TERRACE

Palmetto, FL, 34221
$ 725,000
Bedrooms4 Baths3.1 Sq 2,949

Monthly Estimate*

$ 4,578

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Single Family Home for sale in Palmetto, FL

for $725,000 with 4 bedrooms and 3 full baths, 1 half bath. This 2,949 square foot home was built in 2023 on a lot size of 0.15.

Welcome to an extraordinary better-than-new luxury residence, perfectly positioned on one of the most desirable homesites at Tea Olive Terrace at the Fairways Imperial Lakes. Nestled within an exclusive enclave of only 66 homes, this intimate all-natural gas community, thoughtfully crafted by William Ryan Homes, offers a rare combination of quality construction, exceptional privacy, and timeless elegance. Set against breathtaking lake and preserve views, this exceptional home has been extensively upgraded beyond builder standards, offering the luxury, craftsmanship, and resort-style outdoor living today’s discerning buyers desire—without the additional expense, time, or uncertainty of building new. From the moment you arrive, professionally designed landscaping, elegant architectural details, and impressive curb appeal create a lasting first impression. Inside, soaring ceilings accented with tray ceilings and crown molding, designer lighting, upgraded remote operated ceiling fans, and abundant natural light complement the spacious open-concept floor plan. A built-in surround sound system with indoor and outdoor speakers creates the perfect setting for effortless entertaining. Designed with both luxury and functionality in mind, the chef’s kitchen is the heart of the home, featuring stainless steel appliances, quartz countertops, designer tile backsplash, abundant cabinetry with soft-close drawers and convenient pull-outs for ultimate organization, and an oversized center island overlooking the dining area, great room and your personal outdoor oasis. One of the home’s most sought-after features is its versatile floor plan, offering two luxurious primary suites, providing exceptional flexibility for multi-generational living. Outside, your private backyard paradise is already beautifully completed showcasing a custom heated saltwater pool and spa with elegant waterfalls, LED lighting, premium decking, and a panoramic picture-screen enclosure that perfectly frames the tranquil lake and preserve views. The pool was thoughtfully constructed with an extra-deep end, perfect for cannonballs and added fun. Your paradise can easily be enhanced with an outdoor kitchen with the plumbing and gas lines already installed for the outdoor chef. This home also features hurricane-impact glass throughout, providing superior storm protection, enhanced energy efficiency, and everyday comfort. A central vacuum system adds a unique and convenient feature for effortless cleaning throughout the home. Unlike new construction, every upgrade has already been completed—from the premium homesite and custom outdoor oasis to the professional landscaping, architectural enhancements, integrated audio system, designer finishes, built-in organization, garage storage racks for added functionality, and countless thoughtful details—allowing you to simply move in and enjoy. Residents of Tea Olive Terrace at the Fairways Imperial Lakes enjoy low HOA fees, NO CDD fees, championship golf nearby, and a prime location with convenient access to I-75, Lakewood Ranch, Sarasota, St. Petersburg, Tampa, world-class Gulf beaches, shopping, dining, and major airports. If you are seeking a rare combination of an exclusive boutique community, custom William Ryan Homes craftsmanship, all-natural gas living, hurricane-impact windows, and luxury upgrades inside and out, 8234 Tea Olive Terrace presents an exceptional opportunity to own one of the finest homes in this community.

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Single Family Active

Price

$ 725,000

Bedrooms

4

Full Bath

3

Half Bath

1

Property Type

Single Family

Taxes

$ 264

Style

Florida Ranch

Lot Size

0.15

Year Built

2023

Town/City

Palmetto

County/Region

Manatee

MLS | Web ID

A4698380

Features
General
Sewer Public Sewer
Heating Electric
Cooling Central Air
Utilities BB/HS Internet Available Cable Available Electricity Connected Public Sewer Connected Underground Utilities Water Connected
Possession Close Of Escrow
Roof Shingle
Appliances Convection Oven Cooktop Dishwasher Disposal Gas Water Heater Microwave Refrigerator Water Filtration System
Zoning RES
HOA Fee 120
Garage Spaces 2
Association Fee Includes Manager
Patio/Porch Features Covered Front Porch Patio Screened
Architectural Style Florida Ranch
Pool Features Heated In Ground Lighting Salt Water Screen Enclosure Tile
Security Features Smoke Detector(s)
Construction Materials Block Stucco Wood Frame
Pets Allowed Cats OK Dogs OK Yes
Year Built 2023
View Trees/Woods Water
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Waterfront Features Lake Front
Community Features Deed Restrictions Golf Irrigation-Reclaimed Water Sidewalks
Assoc Fee Paid Per Monthly
County Manatee
New Construction false
Property Type Residential
Association Amenities Golf Course
Attached Garage true
Subdivision Name IMPERIAL LAKES RESIDENTIAL
Facing Direction Northwest
Garage Y/N true
Total Rooms 4
Full Baths 3
Status Active
Directions From US-41 (Tamiami Trail) head east on Moccasin Wallow Road for approximately 3.5 miles then turn left onto Buffalo Road and continue to the entrance of Imperial Lakes. Turn right onto Imperial Lakes Way then take your first left onto Tea Olive Terrace. Continue straight and 8234 Tea Olive Terrace will be on your right overlooking the lake and preserve.
City PALMETTO
Association Name Community Management Services Inc - Betsy Davis
Senior Community Y/N false
MLS Area 34221 - Palmetto/Rubonia
Lot Size Units Square Feet
Lot Size Square Feet 6569
Carport Y/N false
Listing Terms Cash Conventional VA Loan
Spa Features Heated In Ground
Land Lease Y/N false
Tax Annual Amount 264
Property Condition Completed
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://pix360.com/phototour3/42640/
Building Area Units Square Feet
Living Area Units Square Feet
Builder Name William Ryan Homes
Standard Status Active
Occupancy Type Owner
Tax Lot 55
Legal Description LOT 55 IMPERIAL LAKES RESIDENTIAL PI #6482.0775/9
Water View Lake
Minimum Lease 6 Months
Water Access Y/N false
Monthly HOA Amount 120
Additional Rooms Den/Library/Office Family Room Inside Utility Storage Rooms
Water View Y/N true
Flood Zone Code X
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Interior
Interior Amenities Built-in Features Ceiling Fan(s) Central Vacuum Crown Molding High Ceilings Kitchen/Family Room Combo Living Room/Dining Room Combo Open Floorplan Primary Bedroom Main Floor Smart Home Split Bedroom Stone Counters Tray Ceiling(s) Walk-In Closet(s) Window Treatments
Flooring Carpet Tile
Furnished Y/N Unfurnished
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds Storm Window(s) Window Treatments
Fireplace Y/N false
Half Baths 1
Laundry Features Laundry Room
Total Bedrooms 4
Total Baths 4
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Exterior
Exterior Amenities Irrigation System Sidewalk Sliding Doors
Vegetation Trees/Landscaped
Parking Features Driveway Garage Door Opener
Lot Features Landscaped Sidewalk
Water Source Public
Lot Size Area 6569
Foundation Details Slab
Spa true
Building Area Total 3704
Lot Size Acres 0.15
Road Surface Type Paved
Private Pool true
Waterfront Y/N true
Covered Spaces 2
Road Frontage Type Street Paved
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* Excluded Features
List By
Compass Florida Llc

Broker

heidisells941@gmail.com

Email

Affordability Calculator

$4,600
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,578
Monthly Property Taxes
$22
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/30/2026$725,000 Listed Price

Map


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8234 TEA OLIVE TERRACE, Palmetto, FL, 34221 is a Single Family Home for sale at $725,000 with 2,949 sqft and a lot size of 0.15. 8234 TEA OLIVE TERRACE has 4 bedrooms, 3.1 baths, and was built in 2023. The property's zip code is 34221 which is in Palmetto, FL