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$625,000

8219 TEA OLIVE TERRACE, PALMETTO, FL 34221

3D Tour
Active39 days on market

Beds

4

Baths

4

Sq Ft

2,976 sq ft

Year Built

2023

Lot Size

0.17 acres

Garage

2

About This Property

Skip the wait for new construction with this thoughtfully upgraded, move-in-ready 2023 home in The Fairways at Imperial Lakes. Offering four bedrooms, peaceful preserve views, modern finishes, and a flexible two-story layout, the home is designed for comfortable everyday living and easy entertaining. The light-filled main level features high ceilings, tile flooring, and an open-concept layout centered around a spacious kitchen with an oversized quartz island, double wall ovens, abundant cabinetry, and casual dining space. The adjoining great room features a tray ceiling, built-in surround sound, and sliding glass doors that open to the covered lanai and preserve beyond. A separate flex room with a floor-to-ceiling shiplap electric fireplace offers versatility as a home office, den, sitting room, or additional gathering space. The first-floor primary suite provides a private retreat with dual vanities, a tiled walk-in shower, and private water closet. Upstairs, a generous loft creates a second living area, while three additional bedrooms and two full baths provide plenty of room for family and guests. One bedroom includes an en-suite bath, making it especially well suited for extended stays or multigenerational living. Outside, the covered lanai overlooks a spacious yard and tranquil preserve, with room for a future pool and outdoor living area. Hurricane-impact windows and doors throughout provide added protection, efficiency, and peace of mind without the need for shutters, while a whole-house water filtration system adds another valuable upgrade already in place. Set within The Fairways at Imperial Lakes, the home enjoys the relaxed atmosphere of an established golf-course community, with optional membership at nearby Moccasin Wallow Golf Club. Low HOA fees and no CDD add to the appeal. Publix, Gateway Commons, Ellenton Premium Outlets, shopping, dining, and major roadways are nearby, with easy access to Sarasota, St. Petersburg, Tampa, Anna Maria Island, Longboat Key, and the Gulf Coast.

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #A4701460
StatusActive
Year Built2023
Stories2
Total Rooms11
ConstructionBlock, Stucco
RoofShingle
FoundationSlab
FacesSoutheast
SubdivisionIMPERIAL LAKES RESIDENTIAL
CountyManatee
OwnershipFee Simple

Interior Features

InteriorCeiling Fan(s), Crown Molding, Eating Space In Kitchen, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Window Treatments
FlooringCarpet, Ceramic Tile
AppliancesDishwasher, Disposal, Electric Water Heater, Microwave, Range Hood, Refrigerator, Water Filtration System
LaundryLaundry Room
WindowsShutters, Storm Window(s), Window Treatments
CoolingCentral Air
HeatingElectric
FireplaceYes ()
SecurityFire Alarm

Exterior & Lot

ExteriorIrrigation System, Lighting, Private Mailbox, Rain Gutters, Sidewalk, Sliding Doors
Lot Size0.17 acres (7,488 sq ft)
Lot FeaturesLandscaped, Sidewalk
Road SurfacePaved, Asphalt
ViewTrees/Woods
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesCable Connected, Electricity Connected, Sewer Connected, Water Connected

Parking

GarageYes (2 spaces)

HOA & Community

HOAYes
HOA Fee$120 / Monthly
Senior CommunityNo

Financial Details

List Price$625,000
Annual Taxes$6,321 (2025)
FinancingCash, Conventional
ZoningPD-R
Parcel #648205559

Directions

From I-75 South, take 97th St E. Turn right onto Buffalo Rd/I-75 Frontage Rd. Turn left onto Bobby Jones Ct. Turn right onto Tea Olive Terrace. 8219 Tea Olive Terrace will be on the right.

Location

8219 TEA OLIVE TERRACE, PALMETTO, FL 34221

Listing Information

OfficeCOMPASS FLORIDA LLC
ListedAugust 28, 2026

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Home Price

$625,000

20% ($125,000)
6.75%

Loan Term

Principal & Interest$3,243
Property Tax (est.)$573
Insurance (est.)$150
Total Monthly$3,966
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How to Buy This Home

Multiple financing options available for this $625,000 home in PALMETTO.

🏦

Conventional

$31,250 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Manatee County SHIP

Varies

Income-qualifying Manatee residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee, just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. 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. Data last updated: September 29, 2026.

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