$1,990,000
$2M PRICE DROP

5004 SW Martin Commons Way Palm City, FL 34990

Estimated payment $11,910/month

Total Views 35,092
3 Beds
4.5 Baths
980 Sq Ft
$2,031 Price per Sq Ft

Highlights

  • Greenhouse
  • RV Access or Parking
  • Fruit Trees
  • Citrus Grove Elementary School Rated A-
  • 426,888 Sq Ft lot
  • Room in yard for a pool

About This Home

Welcome to The Seven Oaks Ranch, a truly enchanting 9.8-acre estate located at 5004 Southwest Martin Commons Way in the picturesque Palm City. As you approach this magnificent property, you're greeted by a grand, gated entrance that opens to a storybook setting. A tree-lined, winding drive meanders through the lush landscape, where dozens of majestic oak trees stand proudly alongside mature vegetation, creating a serene and private retreat. Nestled amidst this verdant paradise is a beautifully renovated, custom-designed 2-bedroom, 2-bath country cottage. The cottage exudes rustic charm with its screened-in front porch, perfect for sipping morning coffee while soaking in the tranquil surroundings.

Listing Agent

Edward Zakarian

Raya License #3390094 Listed on: 09/06/2024

Co-Listing Agent

Liza Revelo

Raya License #3521565

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,803

Year Built

  • Built in 1994

Lot Details

  • 9.8 Acre Lot
  • Fenced
  • Sprinkler System
  • Fruit Trees
  • Property is zoned A-2

Parking

  • 10 Car Detached Garage
  • Circular Driveway
  • Guest Parking
  • Open Parking
  • RV Access or Parking

Home Design

  • Frame Construction
  • Aluminum Roof

Interior Spaces

  • 980 Sq Ft Home
  • 1-Story Property
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Fireplace
  • Awning
  • Combination Kitchen and Dining Room
  • Den
  • Workshop
  • Screened Porch
  • Laminate Flooring
  • Security Gate

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Room in yard for a pool
  • Greenhouse
  • Shed

Schools

  • Citrus Grove Elementary School
  • Hidden Oaks Middle School
  • South Fork High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Palm City Farms Subdivision

Listing and Financial Details

  • Assessor Parcel Number 223840000034000107

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,803

Year Built

Built in 1994

Lot Details

0

Parking

10

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: SW Martin Highway WEST to Citrus Blvd. SOUTH on Citrus Blvd to SW 42nd St. Property is on the SOUTH SIDE of the street.
  • Year Built: 1994
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Fireplace, Kitchen/Dining Combo, Separate Shower, Workshop
  • Private Spa: No
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Laminate
  • Living Area: 980.0
  • Dining Room Type: Den, Laundry, Storage Room, Workshop
  • Stories: 1

Exterior Features

  • Exterior Features: Enclosed Porch, Fence, Fruit Trees, Room For Pool, Shed, Awning(s)
  • Lot Features: Sprinklers Automatic
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Frame
  • Other Structures: Greenhouse, Shed(s)
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Aluminum

Garage/Parking

  • Covered Parking Spaces: 10.0
  • Attached Garage: No
  • Garage Spaces: 10.0
  • Garage Yn: Yes
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway, Detached, Garage, Guest, Open, RV Access/Parking

Utilities

  • Laundry Features: In Garage
  • Security: Security Gate
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Schools

  • Elementary School: Citrus Grove (Miami-Dade)
  • High School: South Fork
  • Middle Or Junior School: Hidden Oaks

Lot Info

  • Parcel #: 223840000034000107
  • Lot Size: 10 to <25 Acres,Paved Ro
  • Lot Size Sq Ft: 426888.0
  • Zoning Description: A-2

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 16803.0

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,742 $555,392 -- --
2024 $11,744 $504,900 -- --
2023 $11,744 $678,080 $678,080 $318,080
2022 $2,966 $190,074 $0 $0
2021 $2,882 $182,890 $0 $0
2020 $2,762 $185,314 $0 $0
2019 $2,652 $172,887 $0 $0
2018 $2,780 $180,868 $0 $0
2017 $2,446 $185,129 $0 $0
2016 $2,747 $183,579 $0 $0
2015 $2,540 $180,682 $0 $0
2014 $2,540 $176,750 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2025 09/16/25 Price Changed $1,990,000 -7.4% $2,031 / Sq Ft
06/28/2025 06/28/25 Price Changed $2,150,000 -4.4% $2,194 / Sq Ft
03/14/2025 03/14/25 Price Changed $2,250,000 -10.0% $2,296 / Sq Ft
03/07/2025 03/07/25 For Sale $2,500,000 0.0% $2,551 / Sq Ft
03/06/2025 03/06/25 Off Market $2,500,000 -- --
02/25/2025 02/25/25 Price Changed $2,500,000 -5.7% $2,551 / Sq Ft
12/08/2024 12/08/24 Price Changed $2,650,000 -8.6% $2,704 / Sq Ft
10/26/2024 10/26/24 Price Changed $2,900,000 -17.1% $2,959 / Sq Ft
09/09/2024 09/09/24 For Sale $3,500,000 +109.0% $3,571 / Sq Ft
07/19/2022 07/19/22 Sold $1,675,000 -6.9% $1,709 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $1,800,000 -- $1,837 / Sq Ft
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,675,000 Christopher J Twohey Pa
Interfamily Deed Transfer -- Attorney
Deed $100 --
Warranty Deed $100 --
Deed -- --
Deed $69,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $243,000 New Conventional
Closed $252,220 Construction
Open $1,423,750 New Conventional
Source: Public Records

Source: BeachesMLS

MLS Number: R11018847

BeachesMLS

APN: 22-38-40-000-034-00010-7