5570 SW Coral Tree Lane, Palm City
Orchid Bay Real Estate in Palm City, FL
Orchid Bay, also known as Captain’s Creek, is one of the most sought-after communities in Palm City. It is located south of the Palm City Veteran’s Memorial Bridge, from Mapp Road. The securely gated neighborhood is made up of 153 lots, of which only two are still vacant and available for development. Each lot is at least a half-acre, with some over an acre, so the residents enjoy nearly unmatched privacy and tranquility.
The community was planned and developed in the early 90s by the Tartan Company and had no single builder responsible for the homes. The beautiful result of this is one of the few communities in the area that avoid the “cookie-cutter” syndrome of many other neighborhoods. Each lot’s original owner contracted their own construction, and as a result, the homes in this area are wonderfully diverse. Orchid Bay in Palm City has made its name as one of the more desirable areas for Treasure Coast real estate.
Orchid Bay Homes for Sale in palm City
The homes in the Orchid Bay community are very diverse. The homes range significantly in size, from cozy yet comfy 2,000 square foot homes with 3 beds, to impressive 5,000 square foot homes with 5 beds. Homes can be found in both ranch-style as well as multi-story.
Current homes have been built from 1992 through 2007 and the average home price in the Orchard Bay community is approximately $500,000. Children of residents will attend some of the top-rated schools in the area, Palm City Elementary School, Hidden Oaks Middle School, and Martin County High School, minutes from home.
Orchid Bay Real Estate: HOA & Amenities
The Orchid Bay homeowners’ association charges dues of $175 each month, and are payable on a quarterly schedule. The dues cover the maintenance of the community roads and common areas, refuse pickup and disposal, and basic cable TV service for the residents. They also provide two tennis courts, a children’s play area and park, as well as a community gazebo, picnic table, and outdoor grill.
The Orchid Bay development is rich with lakes and ponds in the immediate vicinity, and many of the residents in this community cherish their beautiful water view. There is a private boat launch directly onto Mapps Creek for residents who enjoy canoeing or kayaking. The homeowners’ association also maintains a community propane tank so that all residents have the option to utilize propane for their utilities if they so choose.