NOT LISTED FOR SALE

5905 SW Ludlum St Palm City, FL 34990

Estimated Value: $563,684 - $1,850,000

10 Acres
$116,990 Price per Acre
435,600 Sq Ft Lot

Last Sold August 20, 2021

Last sale price $450,000

Est. 160% increase in value since last sale

Current estimated payment $7,305/month

Highlights

  • 10 Acre Lot
  • No HOA
  • Agricultural
  • South Fork High School Rated A-

About This Lot

As of August 2021

Why buy when you can build your dream home in the middle of the country. Do not miss out on this opportunity to own 10 wooded acres in Palm City Farms. This property is just what you've been looking for, including plenty of wildlife, as it backs up to a large privately owned 2,000+ acre ranch. You will enjoy plenty of quiet space and privacy in an area of equestrian estate homes. Easy access and county maintained roads. It is also close to both the Florida Turnpike and I-95.

PAMP and survey available upon request.

Last Agent to Sell the Property

Shannon Dougherty

Illustrated Properties LLC License #3310767 Listed on: 04/21/2021

Illustrated Properties LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,122

Lot Details

  • 10

Additional Features

  • 10 Acre Lot
  • Agricultural

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$4,122

Lot Details

0

Listing Details

  • Directions: Martin Hwy south on Citrus Blvd. Right on Ludlum Street. Property is at the end of Ludlum on the right(North) side of paved road.
  • Lot Size Acres: 10.0
  • Property Sub Type: Agriculture
  • Property Sub Type Additional: Agriculture
  • Prop. Type: Land
  • Subdivision Name: Palm City Farms
  • Ownership: Fee Simple
  • Special Features: None

Exterior Features

  • Waterfront: No

Utilities

  • Utilities: None

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4121.73
  • Tax Year: 2020

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

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2021 08/20/21 Sold $450,000 -25.0% --
07/21/2021 07/21/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $600,000 -- --
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 -- $799,380 $94,520 $704,860
2024 -- $437,917 -- --
2023 -- $425,163 -- --
2022 -- $412,780 $84,800 $327,980
Source: Public Records

Agents Affiliated with this Home

  • Shannon Dougherty

    Seller's Agent in 2021

    Shannon Dougherty

    Illustrated Properties LLC

    5 in this area

    20 Total Sales

    Shannon Dougherty
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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20029025

Martin County REALTORS® of the Treasure Coast

APN: 03-39-40-000-042-00000-0

Florida Martin County Palm City 34990

5905 SW Ludlum St, Palm City, FL

This home is located at 5905 SW Ludlum St, Palm City, FL 34990 since 21 April 2021 and is currently estimated at $1,169,895. 5905 SW Ludlum St is a home located in Martin County with nearby schools including Crystal Lake Elementary School, Dr. David L. Anderson Middle School, and South Fork High School.

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.

Martin County REALTORS® of the Treasure Coast All listings featuring the MCRTC logo are provided by Martin County REALTORS® of the Treasure Coast, Inc. Multiple Listing Service. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Martin County REALTORS® of the Treasure Coast, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing broker has attempted to offer accurate data, but buyers are advised to confirm all information.

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