691 SW Backus Lane, Palm City, FL 34990 — MLS photo

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691 SW Backus Lane, Palm City, FL 34990

Active · SingleFamilyResidence

$759,900

691 SW Backus Lane, Palm City, FL 34990

Beds
3
Baths
3
Living area
2,682 sq ft
$ / sq ft
$283/sq ft
Year built
2026
Lot size
—
HOA fee
$277
Annual tax
—

About this property

Welcome to the Ballade, a thoughtfully designed 3-bedroom, 2.5-bath home offering over 2,600 sq. ft., featuring open-concept living, a versatile study space, and a private primary suite, perfect for both everyday comfort and entertaining.

Property location

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691 SW Backus Lane, Palm City, FL 34990

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Facts & features

Interior

Bedrooms
3
Bathrooms
3
Living area
2,682 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2026

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$277
County
Martin
MLS listing ID
B26023880
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

$700

Cap rate
6.8%
Net yield
6.8%
Cash-on-cash return
3.9%
Gross yield
10.9%
Mortgage payment
$3,602/mo
Down payment
$189,975
Loan amount
$569,925
Annual NOI
$51,623

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