Premier Brokers International
5023 SW Martin Commons Way, Palm City, FL 34990
Active Under ContractBeachesMLS
Active Under ContractMLS® B26019091
$1,050,000

5023 SW Martin Commons Way, Palm City, FL 34990

Beds
4
Baths
3
Sqft
2,935
Est. payment$6,952/mo
Home type
Single Family Residence
Year built
2018
Lot size
206,474 sqft
Price / sqft
$358
HOA
$13/mo
Community
Palm City Farms

Property description

Custom-built in 2018, this Palm City estate offers exceptional privacy, refined indoor-outdoor living, and thoughtful upgrades 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 provide a serene wooded backdrop, remarkable privacy, and peaceful views rarely found in South Florida. Luxury, function, and tranquility come together in this exceptional property.

Listing activity

Days on market
143
Listed
Apr 22, 2026
MLS listing updated
Sep 21, 2026
Feed last checked
13 minutes ago

Listed by Melissa Stallings · RE/MAX of Stuart

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
4
Bathrooms
3
Bathrooms (decimal)
3
Full bathrooms
3
Half bathrooms
0
Main-level bedrooms
4
Main-level bathrooms
3

Rooms & features

Rooms
3
Interior features
Bedroom Layout - Split, Bedroom Layout - Three Way Split, Entrance Foyer, High Ceilings, Kitchen Island, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
Flooring
Other
Appliances
Electric Water Heater, Freezer, Dishwasher, Disposal, Dryer, Electric Range, Ice Maker, Microwave, Oven, Refrigerator, Vented Exhaust Fan, Washer, Water Heater
Laundry
Laundry Room, Main Level
Fireplace
No
Window features
Blinds, Storm Window(s)

Heating & cooling

Heating
Central
Cooling
Ceiling Fan(s), Central Air
Property

Parking

Garage spaces
3
Garage
Yes
Carport
No
Parking spaces
13
Covered spaces
3
Parking features
Attached Garage, Driveway, Garage, Gravel
Attached garage
Yes

Exterior

Stories
1
Building area
4,158 sqft
Exterior features
Lighting
Fencing
Partial
Pool
Yes
Pool features
Gunite, Heated, In Ground, Pool/Spa Combo
View
Garden, Preserve
Waterfront property
No
Spa
Yes
Spa features
Above Ground

Lot

Lot size
206,474 sqft
Lot size (acres)
4.74 acres
Lot features
Cul-De-Sac, Fruit Tree(s), Landscaped, Many Trees
Zoning
A-2, future AG
Road surface
Paved
Road frontage
Other
Construction

Type & style

Home type
Single Family Residence
Structure type
House
Architectural style
Contemporary, Mediterranean
Year built
2018
New construction
No

Materials

Construction
Concrete
Roof
Barrel
Foundation
Slab
Property condition
Resale
Levels
One
Faces
South
Utilities & green energy

Utilities

Electric
200+ Amp Service
Sewer
Septic Tank
Water
Well
Utilities
Electricity Connected
Community & HOA

Community

Subdivision
Palm City Farms
MLS area
6100 - Palm City West/Indiantown
MLS subarea
MRTC - Martin County
Pets allowed
No Restrictions, Yes
55+ community
No

Association

Has association
Yes
Association fee
$12.5 monthly
Estimated monthly dues
$13
Amenities
None
Services included
Legal/Accounting
Lease details

Not reported by the listing source.

Location

Area details

City
Palm City
County
Martin
ZIP code
34990
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
B26019091
Possession
Negotiable
Original list price
$1,350,000
Parcel number
223840000030000100
Annual property tax
$11,592.21
Tax year
2025
Assessed value
$778,005
Tax legal description
PALM CITY FARMS SEC 22 T38S R40E; W 1/2 OF TRACT 30 (LESS R/W)
Special listing conditions
Standard
Additional MLS details

Reported by the listing source

Association Amenities
None
Association Fee Frequency
Monthly
Association Fee Includes
Legal/Accounting
Association
Yes
Bathrooms Total Decimal
3
Bathrooms Total Integer
3
Building Area Total
4158
Construction Materials
Concrete
County Or Parish
Martin
Days On Market
143
Direction Faces
South
Elementary School
Citrus Grove (Martin)
Foundation Details
Slab
High School
South Fork
Laundry Features
Laundry Room, Main Level
List Price
1050000
Listing Contract Date
2026-04-22
Living Area
2935
Lot Size Acres
4.74
Lot Size Area
206474
MLSArea Major
6100 - Palm City West/Indiantown
MLSArea Minor
MRTC - Martin County
Main Level Bathrooms
3
Main Level Bedrooms
4
Middle Or Junior School
Hidden Oaks
Mls Status
Active Under Contract
On Market Date
2026-09-07
Parking Total
13
Photos Count
46
Postal Code
34990
Price Change Timestamp
2026-08-25T12:08:34Z
Property Sub Type
Single Family Residence
Property Type
Residential
Road Frontage Type
Other
Road Surface Type
Paved
Rooms Total
3
Senior Community
No
Standard Status
Active Under Contract
State Or Province
FL
Status Change Timestamp
2026-09-21T19:41:53Z
Stories Total
1
Subdivision Name
Palm City Farms
Tax Assessed Value
778005
Water Source
Well
Tax Annual Amount
11592.21
Bathrooms Full
3
Pool Private
Yes
Bedrooms Total
4
Waterfront
No
Bathrooms Half
0
Financial Information: Estimated Monthly Assoc Recurring Fee
13

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Apr 22, 2026ListedBeachesMLS$1,350,000$460/sqft
Aug 25, 2026Price reducedBeachesMLS$1,050,000$358/sqft

Public tax history

YearProperty taxesAssessment
2025$11,592$778,005

Payment calculator

Estimated monthly payment$6,952/moIllustrative estimate, not a loan offer.
Principal & interest
$5,448
Property taxes
$966
Insurance
$525
Association dues
$13

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

Palm City Farms

Palm City · Martin County · 34990

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Citrus Grove (Martin)Elementary
—
Hidden OaksMiddle
—
South ForkHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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BeachesMLS

BeachesMLS · Listing courtesy of RE/MAX of Stuart. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.