5226 SW Ludlum Street, Palm City, FL 34990

$2,625,000
Property Type: Residential Bedrooms: 6 Baths: 4 Square Footage: 14,086 Status: Closed
Current Price: $2,625,000 List Date: 7/10/2021 Last Modified: 7/03/2026

Overview

Description

Reasonable offers considered. Stunning equestrian facility on 40 acres with owner's residence. This property has every amenity the serious horse person could desire: covered 90' x 225' arena w/viewing area, 2 outdoor arenas, round pen, & Kraft exercise walker. 58 stalls, run-out paddocks, large grass paddocks and turnout pastures. 4Br/2Bth guest/staff house. Club House with meeting rm., dinning area, kitchen, dressing rm. & bath facilities. Tack House w/ 21 lockers for riders & boarders. The property is adjacent to the 290 acre Treasure Coast Wildlife Hospital. Close to downtown Stuart and minutes to the beach! Too many features to list, a must see to appreciate.

Listing Details MLS# R10730089

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
6
Bathrooms Total
4
Bathrooms Full
3
Bathrooms Half
Yes
Building Area Main
14086
Building Area Source
Public Records
Living Area Main
4257
Year Built
1996
Garage YN
Yes
Attached Garage YN
Yes
Garage Spaces
9
Covered Spaces
9
Gated Community YN
No
Lot Size Area
871200
Lot Size Acres
20
Lot Size Dimensions
40 ACRES
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories Total
Yes
Stories
Yes
Direction Faces
South
Fireplace YN
Yes
Pool Private YN
Yes
Equestrian Features YN
Yes
Furnished
Unfurnished

Property Features

Dining Area: Formal Dining; Snack Bar/Counter Electric: Three Phase Equestrian Features: Boarding Facilities; Center Aisle; Covered Ring; Feed Room; Grooms Quarters; Lounge; Office; Owners Apartment; Paddocks; Pasture; Regulation Dressage; Ring; Spray System - Flies; Stable(s); Tack Room; Wash Rack; Water and Electric Exterior Features: Outdoor Shower Flooring: Carpet; Marble; Wood Parking Features: Garage Door Opener; Attached Garage; Detached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Microwave; Oven; Refrigerator; Trash Compactor; Washer Water Softener Details: Water Softener Owned Architectural Style: Ranch; Rustic Construction Materials: Block; Frame Cooling: Ceiling Fan(s); Central Air Fencing: Fenced Heating: Central Interior Features: Bedroom Layout - Split; Cathedral Ceiling(s); Central Vacuum; Entrance Foyer; Pantry; Storage; Vaulted Ceiling(s); Walk-In Closet(s); Wet Bar Laundry Features: Laundry Tub; Washer Hookup Listing Terms: Cash; Conventional Lot Features: Fruit Tree(s) Other Equipment: Satellite Dish Other Structures: Barn(s); Cottage Pets Allowed YN: Yes Pool Features: Heated; In Ground; Pool Sweep; Salt Water; Screen Enclosure Possession: Close Of Escrow Restrictions: No Restrictions Roof: Composition; Shingle Sewer: Septic Tank Special Information: Sold As-Is; Disclosure Sprinkler Description: Auto Sprinkler; Zoned Sprinkler Tax Information: Agricultural Exemption; County Only Utilities: Water Available View: Garden; Pool; Other Water Source: Well Water View: Pond Waterfront Features: Pond Window Features: Casement; Single Hung Metal; Skylight(s); Sliding Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Occupied Outdoor Living Spaces: Deck; Patio; Porch Patio Details: Patio - Screened Porch Details: Porch - Screened Contingencies: None Room Types: Atrium; Bedroom 2; Bedroom 3; Bedroom 4; Den; Dining Room; Family Room; Game Room; Great Room; Kitchen; Living Room; Maid/In-Law Quarters; Master Bedroom; Utility Room Acreage Description: 10 Or More Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
2900000

Location and Legal

County Or Parish
Martin
County Parish Name
Martin
Street Number
5226
Street Direction Prefix
SW
Street Name
Ludlum
Street Suffix
Street
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
Crystal Lake (Martin)
Middle Or Junior School
Dr. David L. Anderson
High School
South Fork
Special Assessment YN
No
Parcel Number
033940000051000001
Zoning
AGR
Directions
MARTIN HIGHWAY, SOUTH ON CITRUS BLVD, RIGHT ON LUDLUM, GATE TO PROPERTY ON LEFT.

Financial Information

Association Deposit YN
No
Membership Fee Required YN
No
Tax Annual Amount
13231.6
Tax Year
2020
Tax Legal Description
PALM CITY FARMS TRACTS 51 & 62

Status Change Information

Major Change Timestamp
2021-07-14T17:45:18Z
Major Change Type
Status Change
Status Change Date
2021-07-14
Under Contract Date
2021-07-10
Close Date
2021-07-12
Close Price
2625000
Buyer Financing
Cash

More Information

Equestrian Details

Number of Barns
4
Number of Stalls
58

Short Sale Details

Short Sale Addendum
No

Main Level Rooms

Main Level Bathrooms
4
Main Level Bedrooms
3

Storm Protection

Other Protection
Complete

Concessions

Seller Concessions
No

Contributions

Buyer Contributions
No

Room Types

Bedroom 2 Level
First
Bedroom 3 Level
First
Bedroom 4 Level
First
Den Level
First
Dining Room Level
First
Great Room Level
First
Kitchen Level
First
Living Room Level
First
Master Bedroom Level
First
Utility Room Level
First

Price Calculations

Current Price To SqFt
616.63
Original List Price To Close Price
1.1

Originating Details

Originating System Key
20210710150554520824000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level
Living Room 27.00 25.00 First
Dining Room 22.00 18.00 First
Kitchen 20.00 18.00 First
Master Bedroom 33.00 16.00 First
Bedroom 2 17.00 14.00 First
Bedroom 3 17.00 12.00 First
Bedroom 4 18.00 12.00 First
Den 17.00 14.00 First
Utility Room 14.00 10.00 First
Great Room 25.00 17.00 First
Atrium
Family Room
Maid/In-Law Quarters
Game Room
IDX
Listing Office: Engel & Voelkers Delray Beach
Source MLS Verified
Last Updated: July - 03 - 2026
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