
5004 SW Martin Commons Way Palm City, FL 34990
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.
Last Agent to Sell the Property
Berkshire Hathaway Florida Realty License #568921 Listed on: 04/28/2022

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
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Purchase Details
Purchase Details
Purchase Details
Similar Homes in Palm City, FL
Home Values in the Area
Average Home Value in this Area
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 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $243,000 | New Conventional | |
Closed | $252,220 | Construction | |
Open | $1,423,750 | New Conventional |
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 |
Tax History Compared to Growth
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 |
Agents Affiliated with this Home
-
E
Seller's Agent in 2024
Edward Zakarian
Raya
(561) 847-0380
11 Total Sales
-
L
Seller Co-Listing Agent in 2024
Liza Revelo
Raya
(561) 568-1745
6 Total Sales
-
P
Seller's Agent in 2022
Priscilla Baldwin
Berkshire Hathaway Florida Realty
(772) 485-3786
31 Total Sales
-
Seller Co-Listing Agent in 2022
Joan Rogers
Berkshire Hathaway Florida Realty
(772) 485-3513
154 Total Sales
Map
Source: Martin County REALTORS® of the Treasure Coast
MLS Number: M20034054

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