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15440 SW Palm Drive
$725,000

15440 SW Palm Drive

FERNWOOD FOREST · Indiantown · FL · 34956

Active
3
Beds
2
Baths
1,612
Sq Ft
2019
Year Built
SingleFamilyResidence
Type

Overview

Price per sq ft
$450
Days on market
13
Property taxes
$4,071/yr (2025)
Lot
0.51 acres (22,380 sq ft)
Garage
1 car

About this home

Embrace the ultimate Florida lifestyle with this exceptional waterfront property situated directly on the Intracoastal/Lake Okeechobee Waterway, offering boat access from the East Coast to the West Coast. Nestled in the rapidly growing yet charmingly peaceful countryside village of Indiantown, this home perfectly blends small-town warmth with boundless outdoor adventure. Surrounded by sprawling green spaces, multiple wildlife areas, and pristine nature preserves, your days can be filled with scenic trail walking, world-class fishing, horseback riding, and premier golf. Enjoy the quiet serenity of suburban -country living just minutes from the vast waters of Lake Okeechobee, making this vibrant, up-and-coming community the ideal place to anchor your dreams. This .51-acre navigable waterway property is perfectly positioned for convenience, with just a short drive to the vibrant communities of Port St. Lucie, Stuart, and a 4-lane highway commute of 30-minutes to West Palm Beach. This central setting offers the ideal balance of quiet charm and quick access to regional dining, shopping, and travel hubs.

Property details

Interior

Bedrooms
3
Full bathrooms
2
Living area
1,612 sq ft
Flooring
Carpet, Wood
Cooling
Ceiling Fan(s), Central Air, Exhaust Fan
Heating
Central
Laundry
Main Level
Features
Bedroom Layout - Split, Built-in Features, Custom Mirrors, Kitchen Island, Pantry, Roman Tub, Walk-In Closet(s)
Accessibility
Accessible Bedroom, Accessible Central Living Area, Accessible Closets, Accessible Doors, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s), Accessible Kitchen, Accessible Kitchen Appliances, Accessible Washer/Dryer, Central Living Area

Exterior & lot

Construction
Block, Concrete, Stucco
Roof
Composition, Shingle
Stories
1
Lot size
0.51 acres (22,380 sq ft)
Pool
Fenced, In Ground, Private, Salt Water, Screen Enclosure
View
Canal, Pool, Water
Parking
Attached Garage, Concrete, Covered, Driveway, Garage, Garage Door Opener, RV Access/Parking
Garage spaces
1

Community

Subdivision
FERNWOOD FOREST
County
Martin

Listing & financial

Property type
Single Family Residence
Year built
2019
Annual taxes
$4,071 (2025)
Parcel ID
084039001000002905
Buyer financing accepted
Cash, Conventional, FHA, VA Loan
Sale type
Standard
MLS #
B26091755

Sale & tax history

This listing

Oct 23, 2026Listed for sale$725,000

Taxes

2025 property taxes: $4,071. In Florida, taxes are re-assessed after a sale, so a new owner's bill can be different (your homestead exemption can lower it).

Full sale and tax history is public at the county property appraiser (parcel ID 084039001000002905). Open the Martin County Property Appraiser ↗

Location

Approximate location. Street View opens in Google Maps where Google has street photos.

Neighborhood

Subdivision
FERNWOOD FOREST
City
Indiantown
County
Martin County
Elementary school
Warfield
Middle school
Indiantown
High school
South Fork

Schools as reported by the listing agent. Always confirm school assignments with the district: Martin County schools ↗.

Climate, weather & flood risk

Average temperatures by month

Winters are mild, with highs around 75°F from December to February. The coolest nights come in January (about 56°F); the warmest days in July (about 91°F).

Average daily low and high temperature and average rainfall by month, Stuart
MonthLowRangeHighRain
Jan56°
74°3.0″
Feb59°
76°2.6″
Mar61°
78°3.8″
Apr66°
82°3.6″
May71°
86°5.7″
Jun74°
89°7.4″
Jul76°
91°6.1″
Aug76°
91°8.5″
Sep75°
89°8.3″
Oct72°
85°6.5″
Nov65°
80°4.2″
Dec60°
76°3.2″

Average daily low and high (°F) and monthly rainfall (inches). Source: NOAA U.S. Climate Normals 1991–2020, Stuart station (19 mi away). Most rain falls in short summer afternoon showers.

Monthly payment

Estimated monthly payment

$4,488/mo

  • Principal & interest$3,666
  • Property taxes$339
  • Home insurance$483

Estimate only, not a loan offer. The rate is an example: ask a lender for today's rates. In Florida, property taxes are re-assessed after a sale, so the seller's last bill is only a starting point; your homestead exemption can lower it. Insurance is a rough estimate; get a real quote, including flood and wind coverage. Talk to a lender we trust →