


5023 SW Martin Commons Way, Palm City, FL 34990
- Beds
- 4
- Baths
- 3
- Sqft
- 2,935
- 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
Price history
| Date | Event | Price |
|---|---|---|
| Apr 22, 2026 | ListedBeachesMLS | $1,350,000$460/sqft |
| Aug 25, 2026 | Price reducedBeachesMLS | $1,050,000$358/sqft |
Public tax history
| Year | Property taxes | Assessment |
|---|---|---|
| 2025 | $11,592 | $778,005 |
Payment calculator
- 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 FarmsPalm City · Martin County · 34990
Climate risk
—No licensed climate-risk source is connected.
Nearby schools
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