5023 SW Martin Commons Way, Palm City, FL 34990

$950,000
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 3,631 Status: Closed
Current Price: $950,000 List Date: 9/07/2026 Last Modified: 10/15/2026

Overview

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.

Listing Details MLS# M20055420

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
4
Bathrooms Total
3
Bathrooms Full
3
Building Area Main
3631
Living Area Main
2935
Year Built
2018
Parking Total
3
Lot Size Area
206474.4
Lot Size Acres
4.74
Senior Community YN
No
Guest House YN
No
Stories Total
Yes
Pool Private YN
Yes

Property Features

Electric: 200+ Amp Service Property Condition: Resale Architectural Style: Mediterranean Construction Materials: Block; Concrete Cooling: Central Air Association Type: Homeowner Association Heating: Central Listing Terms: Cash; Conventional; FHA; VA Loan Membership: No Membership Available Pets Allowed YN: Yes Pets Allowed: Number Limit; Size Limit Pool Features: Heated; In Ground; Salt Water Possession: Negotiable Restrictions: Other Restrictions Roof: Barrel Special Information: Property Survey Available Structure Type: House Tax Information: Homestead Exemption Showing Requirements: Appointment Only Acreage Description: 4 To Less Than 5 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
1350000

Location and Legal

Country
United States
County Or Parish
Martin
County Parish Name
Martin
Street Number
5023
Street Direction Prefix
SW
Street Name
Martin Commons
Street Suffix
Way
City Name
Palm City
State Or Province
FL
Postal Code
34990
Postal Zip
34990
Subdivision Name
Palm City Farms
Development Name
Palm City Farms
Area
6100 - Palm City West/Indiantown
Geographic Area
MRTC - Martin County
Elementary School
Citrus Grove (Martin)
Middle Or Junior School
Hidden Oaks
High School
South Fork
Parcel Number
223840000030000100
Directions
Citrus Boulevard to Sunshine Farms Way. Turn Left on Sundown LAne and a left on Martin Commons/42nd

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
12.5
Association Fee Frequency
Monthly
Association Membership
Mandatory
Estimated Monthly Assoc Recurring Fee
13
Membership Fee Required YN
No
Tax Annual Amount
12075
Tax Year
2025
Tax Legal Description
PALM CITY FARMS SEC 22 T38S R40E; W 1/2 OF TRACT 30 (LESS R/W)

Status Change Information

Major Change Timestamp
2026-10-14T04:00:00Z
Major Change Type
Status Change
Price Change Timestamp
2026-08-25T13:09:13Z
Status Change Date
2026-10-15
Under Contract Date
2026-09-21
Close Date
2026-10-14
Close Price
950000
Buyer Financing
Conventional

More Information

Member Equity

Membership Equity YN
No

Buyer Details

Country of Origin
United States
Zip Code
32259

Concessions

Seller Concessions
No

Originating Details

Originating System Key
598229221
Originating System ID
M00000165
IDX
Listing Office: RE/MAX of Stuart - Palm City
Source MLS Verified
Last Updated: October - 15 - 2026
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