$819,000
8535 SE May Terrace
Hobe Sound, FL 33455
Explore the area: Hobe Sound homes for sale · Martin County real estate
Price Check
How this price compares
- List price
- $819,000
- Price per sq ft
- $387
- Vs. nearby sales
- In line
- Days on market
- 211
This 4-bedroom single-family home in Papaya Village is listed at $819,000, or $387 per square foot. The asking price has come down 3.6% from its original $850,000. It has been on the market for 211 days. The 3 most recent single-family home sales in the closings shown below sold at a median of $376 per square foot, so the asking price is in line with what comparable homes here actually sold for.
Estimated monthly payment
$4,304 /mo
Principal and interest only, based on $163,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $819,000
- Days on Site
- 211 Days
- Bedrooms
- 4
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 2,117 sqft
- Total Sq Ft
- 3,112 sqft
- Lot Size
- 0.47 Acres
- Year Built
- 1987
- Property Type
- Single Family
- MLS #
- B26000030
- Property Tax
- $7,701 (2025)
- Subdivision
- PAPAYA VILLAGE
- County
- Martin
- Status
- Active
- Special Conditions
- Standard / Listed As Is
About This Property
Coastal Living Meets Florida Charm - Hobe Sound Gem on Half an Acre Welcome to 8535 SE May Terrace, a beautifully maintained 4-bedroom, 2-bath single-family home that combines comfort, privacy, and convenience in one of Hobe Sound's most desirable neighborhoods. Situated on a 1/2-acre lot at the end of a peaceful dead-end street, this 3,000 sq. ft. residence blends timeless Florida character with modern updates and serene surroundings. Step inside to discover vaulted ceilings lined with cedar tongue-and-groove and accented by cypress beams, creating a warm, cabin-like feel throughout the living spaces. Natural light fills the home through upgraded hurricane-impact windows. The generous kitchen features granite countertops, stainless-steel appliances, and hardwood oak cabinetry with special hidden features. Key Property Highlights: Eco-Friendly & Efficient: Outfitted with solar panels that keep electric bills between $30-$35 per month. Features a 50-amp EV charger in the garage and a 30-amp RV hookup out front. Recent Mechanical Upgrades: Brand new AC system (unit, air handler, and compressor) installed within the last 12 months, featuring a Remy Halo air purification system. The flat roof section has also been completely redone. Master Suite Sanctuary: A custom-designed retreat featuring a one-piece solid stone sink, brushed nickel fixtures, and a seamless glass shower with dual rain shower heads, custom tile, and River Rock flooring. Tropical Backyard Oasis: Lush, professional landscaping featuring a variety of fruit trees (Mango, Papaya, Avocado, Peach, Navel Orange, Tangelo, Lime, and Mulberry) maintained by an automatic sprinkler system. Pool Ready: The expansive backyard is perfectly suited for a pool or jacuzzi, already pre-wired with the proper amperage for easy installation. Ample Storage: Large front carport designed to accommodate an RV or boat. Premium Finishes: Central vacuum system throughout, custom marble flooring/counters in the guest bath, and a large screened-in porch with brick accents and skylights. The Hobe Sound Lifestyle Experience the peace and tranquility of a true family-oriented community. You are just 2 miles from Hobe Sound Beach—widely considered one of the most beautiful, canopy-lined beaches in the area—and a short walk to the natural beauty of Jonathan Dickinson State Park. This home offers the perfect balance of secluded "Old Florida" charm and modern, high-tech convenience.
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Active
- Year Built
- 1987
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- One
- Garage Spaces
- 1
- Attached Garage
- Yes
- Parking
- Attached / Carport / Detached Carport / Driveway / Garage
- Direction Faces
- South
- Lot Size (Acres)
- 0.47
- Living Sq Ft
- 2,117
- Total Sq Ft
- 3,112
- Structure Type
- House
- Sewer
- Septic Tank
- Water Source
- Public
- Zoning
- Residential
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Microwave / Refrigerator
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Other
- Interior Features
- Bedroom On Main Level / Kitchen Island / Other / Pantry / Walk In Closets
- Laundry
- Inside
- Main Level Bedrooms
- 4
- Main Level Baths
- 2
- Total Rooms
- 1
Exterior Features
- Construction
- Frame
- Roof
- Metal
- Exterior Features
- Balcony / Outdoor Living Area
- Architectural Style
- Traditional
- Patio & Porch
- Open / Balcony
- Lot Features
- Quarter To Half Acre Lot
Community & HOA
- Utilities
- Cable Available / Electricity Connected / Sewer Connected / Water Connected
- Pets Allowed
- No Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional / FHA / Va Loan
- Restrictions
- No Restrictions
- MLS Area
- 5020 - Jupiter/Hobe Sound (Martin County) - South of Bridge Rd
Schools
- Elementary School
- Hobe Sound
- Middle School
- Murray
- High School
- South Fork
About the Community
Papaya Village is a community in Hobe Sound, Martin County, Florida. Active listings are priced from $725,000 to $850,000. Homes were built between 1979 and 1987. Pure Equity lists homes in Papaya Village and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 3
- Median List Price
- $819,000
- Median $/Sq Ft
- $387
- Avg Days on Market
- 135
Frequently Asked Questions
- How do I schedule a tour of 8535 SE May Terrace, Hobe Sound, FL 33455?
- Use the Tour button on this listing to request a showing of 8535 SE May Terrace, Hobe Sound, FL 33455. 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 8535 SE May Terrace, Hobe Sound, FL 33455 still available?
- 8535 SE May Terrace, Hobe Sound, FL 33455 is currently listed as Active, and has been on the market 211 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 8535 SE May Terrace, Hobe Sound, FL 33455?
- With 20% down ($163,800) on the $819,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 8535 SE May Terrace, Hobe Sound, FL 33455 is about $4,304/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 8535 SE May Terrace, Hobe Sound, FL 33455?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 8535 SE May Terrace, Hobe Sound, FL 33455. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 8535 SE May Terrace, Hobe Sound, FL 33455?
- 8535 SE May Terrace, Hobe Sound, FL 33455 is zoned for Hobe Sound (elementary), Murray (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 8535 SE May Terrace, Hobe Sound, FL 33455?
- Often, yes. The right offer on 8535 SE May Terrace, Hobe Sound, FL 33455 depends on how it's priced against comparable single family sales in Hobe Sound, 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 TruDeals Realty Corp
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 June 23, 2026.
$819,000
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Listed by Candace Garber, TruDeals Realty Corp
Map & Location
Cities in Martin County
Zip Codes in Martin County
Property Types
Recent Sales
Recently sold homes in Papaya Village
These are the last 6 recorded closings in Papaya Village, with the price each home actually sold for rather than what it was listed at. They closed at a median of $376 per square foot. The most recent closed on April 30, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$315,000
Sold · April 30, 2026
9108 SE Sharon Street
0 bed · 0 bath
$16,000 over the asking price
Sold$230,000
Sold · March 27, 2026
12954 SE Papaya Street
0 bed · 0 bath
$70,000 under the asking price
Sold$275,000
Sold · February 12, 2026
9108 SE Sharon Street
0 bed · 0 bath
$90,000 under the asking price
Sold$1,180,000
Sold · February 10, 2026
9687 SE Sharon Street
4 bed · 3 bath · 2,659 sqft · $444/sqft
$70,000 under the asking price
Sold$790,000
Sold · January 26, 2026
13170 SE Flamingo Drive
3 bed · 2 bath · 2,100 sqft · $376/sqft
$10,000 under the asking price
Sold$640,000
Sold · December 4, 2025
8776 SE May Terrace
3 bed · 2 bath · 1,917 sqft · $334/sqft
$10,000 under the asking price
See every recorded sale in Papaya Village or find out what your Papaya Village home is worth.
