$710,000
SOLD JUL 21, 2025

5372 SW Coral Tree Ln Palm City, FL 34990

4 Beds
3 Baths
2,868 Sq Ft
0.53 Acres

Recently Sold

$248 Per Sq Ft

8% Below List Price

41 Days on Market

Highlights

  • In Ground Pool
  • Two Primary Bedrooms
  • Views of Trees
  • Palm City Elementary School Rated A-
  • Gated Community
  • 0.53 Acre Lot

About This Home

As of July 2025

Key West Style Pool Home WITH Tremendous Potential in Orchid Bay – PALM CITY
Discover a rare opportunity to reimagine and renovate in one of Palm City’s most sought-after gated communities—Orchid Bay. This charming Key West-style home has been privately owned for 20 years. This home has prime location in the neighborhood, on a lush half acre lot. Offering a peaceful retreat with plenty of space to customize. Step into the expansive wraparound front porch. Private entrance for 4th bedroom downstairs with a ADA cabana bath.
Inside you will find high ceilings, crown molding throughout home, hardwood flooring, and a cozy fireplace (gas or wood-burning). The open kitchen layout and spacious walk-in closets in every bedroom provide both comfort and function. While the home needs some TLC, the solid construction and layout offer a perfect canvas for your dream home.
Bring your contractor and your imagination—this is your chance to create something truly special. Offering in AS IS!

Last Agent to Sell the Property

Susan Slutsky

Compass Florida LLC Brokerage Email: saracrombierealtor@gmail.com License #3499591 Listed on: 04/30/2025

Compass Florida LLC

Last Buyer's Agent

Rana Alwardi

LoKation License #3387845

LoKation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,492

Year Built

  • Built in 1996

Lot Details

  • 0.53 Acre Lot
  • Fenced Yard
  • Sprinkler System

HOA Fees

  • $197 Monthly HOA Fees

Property Views

  • Trees
  • Pool

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,868 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Built-In Features
  • Cathedral Ceiling
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Combination Kitchen and Dining Room
  • Fire and Smoke Detector

Kitchen

  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • Double Master Bedroom
  • 3 Full Bathrooms
  • Dual Sinks
  • Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Accessible Home Design

  • Accessibility Features

Outdoor Features

  • In Ground Pool
  • Deck
  • Wrap Around Porch

Schools

  • Palm City Elementary School
  • Hidden Oaks Middle School
  • Martin County High School

Utilities

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

Community Details

Overview

  • Association fees include management, common areas, taxes
  • Association Phone (772) 286-0030

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,492

Year Built

Built in 1996

Lot Details

0

HOA Fees

$197 per month

Listing Details

  • Directions: Take SW Martin Hwy to Mapp Rd. Take Main Entrance to Orchid Bay or Roby's Way and then left on Coral Tree Lane
  • Garage Yn: Yes
  • Lot Size Acres: 0.528
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 2
  • Subdivision Name: Orchid Bay, Captain's Creek
  • Year Built: 1996
  • Year Built Details: Resale
  • Ownership: Other-see broker remarks
  • Attribution Contact: saracrombierealtor@gmail.com
  • Special Features: None
  • Stories: 2

Interior Features

  • Accessibility Features: Accessibility Features, Other
  • Appliances: Cooktop, Dryer, Dishwasher, Freezer, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Water Softener, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Furnished: Unfurnished
  • Interior Amenities: Built-in Features, Bathtub, Cathedral Ceiling(s), Dual Sinks, Kitchen Island, Kitchen/Dining Combo, Multiple Primary Suites, Separate Shower, Upper Level Primary, Central Vacuum
  • Living Area: 2868.0
  • Private Spa: No
  • Stories: 2
  • Window Features: Blinds, Drapes

Exterior Features

  • Construction Type: Fiber Cement, Frame
  • Exterior Features: Deck, Fence, Sprinkler/Irrigation, Porch
  • Fencing: Yard Fenced
  • Lot Features: Sprinklers Automatic
  • Patio And Porch Features: Deck, Open, Porch, Wrap Around
  • Pool Features: In Ground
  • Pool Private: Yes
  • Property Condition: Resale
  • Roof: Metal
  • View: Pool, Trees/Woods
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup
  • Security: Fenced, Gated Community, Smoke Detector(s)
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Trash Collection, Water Available, Water Connected
  • Water Source: Public, Well

Condo/Co-op/Association

  • Association Fee: 197.0
  • Phone: 772-286-0030
  • Association: Yes
  • Community Features: Basketball Court, Pickleball, Tennis Court(s), Gated
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Taxes

Schools

  • Elementary School: Palm City
  • High School: Martin County
  • Middle Or Junior School: Hidden Oaks

Tax Info

  • Tax Annual Amount: 5492.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2025
Closed on
Jul 21, 2025
Sold by
Olivier Joseph A and Olivier Joyce E
Bought by
Shutz Matthew L and Shutz Deena M
Seller's Agent
Susan Slutsky
Compass Florida LLC
Buyer's Agent
Rana Alwardi
LoKation
List Price
$769,000
Sold Price
$710,000
Premium/Discount to List
-$59,000
-7.67%
Views
43

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.28%
Original Mortgage
$350,000
Outstanding Balance
$349,644
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$409,534

Purchase Details

Closed on
Oct 29, 2010
Sold by
Olivier Joseph A and Olivier Joyce E
Bought by
Olivier Joseph A and Olivier Joyce E

Purchase Details

Closed on
Mar 11, 2004
Sold by
Gmac Global Relocation Services Inc
Bought by
Olivier Joseph A and Olivier Joyce E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2003
Sold by
Jernigan Donald and Jernigan Carrie
Bought by
Gmac Global Relocation Services Inc

Purchase Details

Closed on
Aug 2, 2001
Sold by
William Gabbard M and Judith Gabbard M
Bought by
Jernigan Donald and Jernigan Carrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 1994
Sold by
Tartan Land Co
Bought by
Gabbard William and Gabbard Judith
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $710,000 None Listed On Document
Warranty Deed $710,000 None Listed On Document
Deed $100 --
Warranty Deed $460,000 --
Warranty Deed $460,000 --
Warranty Deed $349,900 --
Warranty Deed $41,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $350,000 New Conventional
Closed $350,000 New Conventional
Previous Owner $115,714 Unknown
Previous Owner $150,000 Unknown
Previous Owner $368,000 Purchase Money Mortgage
Previous Owner $275,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 Sold $710,000 -6.0% $248 / Sq Ft
06/16/2025 06/16/25 Pending -- -- --
05/21/2025 05/21/25 Price Changed $755,000 -1.8% $263 / Sq Ft
05/11/2025 05/11/25 For Sale $769,000 +8.3% $268 / Sq Ft
05/11/2025 05/11/25 Off Market $710,000 -- --
05/05/2025 05/05/25 For Sale $769,000 -- $268 / Sq Ft
Source: Martin County REALTORS® of the Treasure Coast

Tax History Compared to Growth

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 $5,492 $322,506 -- --
2024 $5,391 $313,417 -- --
2023 $5,391 $304,289 $0 $0
2022 $5,214 $295,427 $0 $0
2021 $5,221 $286,823 $0 $0
2020 $5,115 $282,863 $0 $0
2019 $5,058 $276,503 $0 $0
2018 $4,945 $271,347 $0 $0
2017 $3,807 $265,766 $0 $0
2016 $4,051 $260,300 $0 $0
2015 $3,848 $258,491 $0 $0
2014 $3,848 $256,439 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20050410

Martin County REALTORS® of the Treasure Coast

APN: 43-38-41-002-000-00990-4