5004 SW Martin Commons Way Palm City, FL 34990
2
Beds
3
Baths
980
Sq Ft
9.8
Acres
Highlights
- Barn
- Stables
- RV Access or Parking
- Citrus Grove Elementary School Rated A-
- Boarding Facilities
- Gated Community
About This Home
As of July 2022This spectacular 10 acre property located in Martin Commons is ready for a Buyer wanting the very best in country living for their horses and other hobbies. Beautifully landscaped with over 40 oaks and other mature vegetation, this fenced and private estate is ready to make your own. Wind your way up your treelined drive to your Kelly and Kelly custom designed 2 bedrm/2 bath country cottage w/ screened front prorch. Through the back breezeway is an oversized 60X50 A/C CBS Garage w/ full bath, perfect for your RVs, boats, toys. Behind is a large storage blding w/office. Three separate barns for 10 horses & five paddocks are on the otherside of a lake w/ fountain & fishing dock. This estate is NOT part of the HOA w/ a 2nd entrance off Citrus Blvd to service the barns. There is a full house generator, RV electric hook up/septic to the right of the house. Looking to build your custom estate home, this property is perfectly laid out w/ space to build w/ views to the lake & the pastures.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,882
Year Built
- Built in 1994
Lot Details
- 9.8 Acre Lot
- North Facing Home
- Fenced
- Sprinkler System
Home Design
- Florida Architecture
- Frame Construction
- Metal Roof
- Concrete Siding
- Block Exterior
Interior Spaces
- 980 Sq Ft Home
- 1-Story Property
- High Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- Combination Dining and Living Room
- Pond Views
- Hurricane or Storm Shutters
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 10 Car Detached Garage
- Garage Door Opener
- RV Access or Parking
Outdoor Features
- Boarding Facilities
- Covered patio or porch
- Exterior Lighting
- Shed
- Outbuilding
Farming
- Barn
- Pasture
Horse Facilities and Amenities
- Horses Allowed On Property
- Paddocks
- Tack Room
- Hay Storage
- Stables
Utilities
- Central Heating and Cooling System
- Well
- Water Purifier
- Septic Tank
- Phone Available
Community Details
Recreation
- Horse Trails
Additional Features
- No Home Owners Association
- Gated Community
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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: Martin County REALTORS® of the Treasure Coast
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 |
|---|---|---|---|---|
| 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
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
Deed 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
Similar Homes in Palm City, FL
Source: Martin County REALTORS® of the Treasure Coast
MLS Number: M20034054
APN: 22-38-40-000-034-00010-7
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Realtor® Association of Martin County, Inc. MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the IDX logo or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed.
Copyright 2025 Realtor® Association of Martin County, Inc. MLS. All rights reserved.
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