Address
5023 Sw Martin Commons Way, Palm City, FL
Price
$ 1,050,000
Property Attributes
  • MLS#M20055420
  • TypeSingle Family
  • Listing Status Active Under Contract
  • CountyMartin
  • CityPalm City
  • Area10-Palm City West and Indiantown
  • NeighborhoodPalm City Farms
  • Zip34990
  • Style
  • Year Built2018
  • Taxes$ 12075
  • Price$ 1,050,000
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2935
  • Lot Size4.74 Acres
Data Source:
Martin County REALTORS® of the Treasure Coast (MCRTC)
Property Description

Custom-built in 2018, this Palm City estate offers refined indoor-outdoor living, thoughtful upgrades, and exceptional privacy in one of the area’s most desirable communities. Features include impact glass throughout, chef-inspired kitchen with dual islands and premium appliances, heated saltwater pool and spa, screened patio, fire pit gathering area, expanded paver driveway, Tesla EV charger, and upgraded well and irrigation systems. The cleared homesite offers generous usable space for everyday living, entertaining, and recreation, while preserved natural surroundings create a serene, wooded backdrop, remarkable privacy, and peaceful views rarely found in South Florida. Luxury, function, and tranquility come together in this exceptional property.

Price History
4/26/2026 Listed $1,350,000
5/11/2026 4$1,300,000
5/27/2026 4$1,250,000
7/1/2026 4$1,200,000
7/27/2026 2$1,170,000
8/25/2026 10$1,050,000

General Features

Living Area 2935
Heating Central
Cooling Central Air
Pool Features Heated,In Ground,Salt Water
Pets Allowed Yes
Year Built 2018
Stories Count 1
Property Subtype Detached
Community Features Non-Gated,None
County Martin
Property Type Residential
HOA true
Subdivision Name Palm City Farms
Full Baths 3
Status Active Under Contract
Directions Citrus Boulevard to Sunshine Farms Way. Turn Left on Sundown LAne and a left on Martin Commons/42nd
City Palm City
Senior Community Y/N false
MLS Area 10-Palm City West and Indiantown
Lot Size Units Acres
Property Attached Y/N false
Standard Status Active Under Contract
Property Sub Type Additional Detached,Single Family Residence
PostalCity Palm City
Legal Description PALM CITY FARMS SEC 22 T38S R40E; W 1/2 OF TRACT 30 (LESS R/W)
AttributionContact 561-632-6937
Possession Closing & Funding
HOA Fee 12.5
Association Fee Includes None
Electric 200+ Amp Service
Tax Year 2025
Ownership Fee Simple
Listing Terms Cash,Conventional,FHA,VA Loan
Tax Annual Amount 12075
Roof Barrel
Architectural Style Mediterranean
Construction Materials Block,Concrete
Spa Features Above Ground
Year Built Details Resale
Property Condition Resale

Interior Features

Furnished Y/N Unfurnished
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 4
Total Baths 3
Interior Amenities Bathtub,Dual Sinks,Separate Shower
Bedrooms Possible 5

Exterior Features

Total Parking 3
Spa true
Building Area Total 3631
Private Pool true
Waterfront Y/N false
Covered Spaces 3
Lot Size Area 4.74
Lot Size Acres 4.74

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 34990

Price
AVG $840K
$1.05M
Taxes
AVG $6,497
$12,075
Year Built
AVG 1997
2018

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