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15440 SW Palm Drive, Indiantown, FL 34956
Active
25 Days on Market
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$725,000

15440 SW Palm Drive

Indiantown, FL 34956

FERNWOOD FOREST

Explore the area: Indiantown homes for sale · Martin County real estate

How this price compares

List price
$725,000
Price per sq ft
$450
Vs. nearby sales
143.2% above
Days on market
25

This 3-bedroom single-family home in ZIP 34956 is listed at $725,000, or $450 per square foot. It has been on the market for 25 days. The 3 most recent single-family home sales in the closings shown below sold at a median of $185 per square foot, so the asking price is 143.2% above what comparable homes here actually sold for.

3
Bedrooms
2
Bathrooms
1,612
Living Sq Ft
2019
Year Built

Estimated monthly payment

$3,810 /mo

Principal and interest only, based on $145,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price
$725,000
Days on Site
25 Days
Bedrooms
3
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
1,612 sqft
Total Sq Ft
2,356 sqft
Lot Size
0.51 Acres
Year Built
2019
Property Type
Single Family
MLS #
B26091755
Property Tax
$4,072 (2025)
Subdivision
FERNWOOD FOREST
Development
Fernwood Forest
County
Martin
Status
Active
Special Conditions
Standard

About This Property

Embrace the ultimate Florida lifestyle with this exceptional waterfront property situated directly on the Intracoastal/Lake Okeechobee Waterway, offering boat access from the East Coast to the West Coast. Nestled in the rapidly growing yet charmingly peaceful countryside village of Indiantown, this home perfectly blends small-town warmth with boundless outdoor adventure. Surrounded by sprawling green spaces, multiple wildlife areas, and pristine nature preserves, your days can be filled with scenic trail walking, world-class fishing, horseback riding, and premier golf. Enjoy the quiet serenity of suburban -country living just minutes from the vast waters of Lake Okeechobee, making this vibrant, up-and-coming community the ideal place to anchor your dreams. This .51-acre navigable waterway property is perfectly positioned for convenience, with just a short drive to the vibrant communities of Port St. Lucie, Stuart, and a 4-lane highway commute of 30-minutes to West Palm Beach. This central setting offers the ideal balance of quiet charm and quick access to regional dining, shopping, and travel hubs.

MLS media link

General Features

Property Type
Single Family
Status
Active
Year Built
2019
Property Condition
Resale
Number of Stories
1
Levels
One
Garage Spaces
1
Attached Garage
Yes
Parking
Attached / Concrete / Covered / Driveway / Garage / Garage Door Opener / Rv Access Parking
Direction Faces
North
Lot Size (Acres)
0.51
Living Sq Ft
1,612
Total Sq Ft
2,356
Structure Type
House
Sewer
Public Sewer
Water Source
Public
Zoning
Residential

Interior Features

Appliances
Dryer / Dishwasher / Electric Range / Electric Water Heater / Microwave / Range / Refrigerator / Vented Exhaust Fan / Water Heater / Washer
Cooling
Central Air / Ceiling Fans
Heating
Central
Flooring
Carpet / Wood
Interior Features
Breakfast Bar / Built In Features / Bedroom On Main Level / Breakfast Area / Bathtub / Dining Area / Separate Formal Dining Room / Dual Sinks / Garden Tub Roman Tub / Kitchen Island / Living Dining Room / Custom Mirrors / Pantry / Split Bedrooms / Soaking Tub / Walk In Closets
Laundry
Main Level
Main Level Bedrooms
3
Main Level Baths
2
Total Rooms
3
Furnished
Unfurnished

Exterior Features

Construction
Block / Concrete / Stucco
Roof
Composition / Shingle
Exterior Features
Outdoor Living Area / Room For Pool
Architectural Style
Florida / Ranch
Private Pool
Yes
Pool Features
Fenced / In Ground / Private / Screen Enclosure / Salt Water
Patio & Porch
Patio / Porch / Screened
Lot Features
Interior Lot / Landscaped / Oversized Lot / Many Trees / Sprinklers Automatic
Waterfront
Yes
Waterfront Features
Navigable Water / Other
View
Canal / Pool / Water

Community & HOA

Security
Security System / Smoke Detectors
Utilities
Cable Available / Electricity Available / Sewer Connected / Underground Utilities / Water Connected
Pets Allowed
No Pet Restrictions / Yes
Financing Terms
Cash / Conventional / FHA / Va Loan
Restrictions
No Restrictions / Okay To Lease1st Year / Ok To Lease / Short Term Rentals Allowed
MLS Area
6100 - Palm City West/Indiantown

Schools

Elementary School
Warfield
Middle School
Indiantown
High School
South Fork
Homes for Sale
2
Under Contract
0
Median List Price
$725,000
Median $/Sq Ft
$450
Avg Days on Market
104
View all 2 homes for sale in Fernwood Forest →
How do I schedule a tour of 15440 SW Palm Drive, Indiantown, FL 34956?
Use the Tour button on this listing to request a showing of 15440 SW Palm Drive, Indiantown, FL 34956. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 15440 SW Palm Drive, Indiantown, FL 34956 still available?
15440 SW Palm Drive, Indiantown, FL 34956 is currently listed as Active, and has been on the market 25 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 15440 SW Palm Drive, Indiantown, FL 34956?
With 20% down ($145,000) on the $725,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 15440 SW Palm Drive, Indiantown, FL 34956 is about $3,810/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 15440 SW Palm Drive, Indiantown, FL 34956?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 15440 SW Palm Drive, Indiantown, FL 34956. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
What schools serve 15440 SW Palm Drive, Indiantown, FL 34956?
15440 SW Palm Drive, Indiantown, FL 34956 is zoned for Warfield (elementary), Indiantown (middle), South Fork (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 15440 SW Palm Drive, Indiantown, FL 34956?
Often, yes. The right offer on 15440 SW Palm Drive, Indiantown, FL 34956 depends on how it's priced against comparable single family sales in Indiantown, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Coldwell Banker Realty

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated November 14, 2026.

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Listed by Randy Bailey, Coldwell Banker Realty

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