8535 SE May Terrace, Hobe Sound, FL 33455 — MLS photo

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8535 SE May Terrace, Hobe Sound, FL 33455

Active · SingleFamilyResidence

$819,000

8535 SE May Terrace, Hobe Sound, FL 33455

Beds
4
Baths
2
Living area
2,117 sq ft
$ / sq ft
$387/sq ft
Year built
1987
Lot size
20,478 sq ft
HOA fee
—
Annual tax
$7,701

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.

Property location

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8535 SE May Terrace, Hobe Sound, FL 33455

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Facts & features

Interior

Bedrooms
4
Bathrooms
2
Living area
2,117 sq ft
Flooring
Other
Appliances
Dryer, Dishwasher, Electric Range, Microwave, Refrigerator
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, Kitchen Island, Main Living Area Entry Level, Other, Walk In Closets, Pantry

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1987
Stories
1
Lot size
20,478 sq ft
Architectural style
One Story
Roof
Metal
Construction
Frame, Stucco
Exterior features
Balcony
Pool
None

Parking

Garage spaces
1
Covered spaces
2
Parking features
Driveway, Detached, Garage, One Space, Two Or More Spaces

HOA, Community & Financials

Pets allowed
No
Annual tax
$7,701
Subdivision
PAPAYA VILLAGE
County
Martin
Days on market
224
MLS listing ID
B26000030
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

$455

Cap rate
6.4%
Net yield
6.4%
Cash-on-cash return
2.4%
Gross yield
8.9%
Mortgage payment
$3,882/mo
Down payment
$204,750
Loan amount
$614,250
Annual NOI
$52,046

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.