5501 SW Sunshine Farms Way, Palm City, FL 34990

$1,000,000

Virtual Tour

https://www.propertypanorama.com/5501-SW-Sunshine-Farms-Way-Palm-City-FL-34990/unbranded

Property Type: Residential Bedrooms: 6 Baths: 4 Square Footage: 5,890 Status: Closed

Current Price: $1,000,000 List Date: 2/16/2023 Last Modified: 7/01/2026

Overview

Description

Well maintained 3 (possible 4) bedroom, 3 bath pool home surrounded by abundant mature trees on 4.8 private acres. Equestrian properties Fully fenced parcel includes one bath studio guest cottage, air-conditioned exercise and storage area, separate storage shed Central vacuum system throughout the home and a wood burning fireplace in living room and built-in bookcases in sitting area. Large master bedroom upstairs with outside sitting area and a beautiful master bathroom. Built in pool vacuum, outdoor porch fans and outdoor dog wash with hot and cold water. Additional screen enclosed porch with full water and potting bench. Storage shed with extra wide door. Property is fully cross fenced (East to West) and culvert to back portion was replaced in 2019. New trane compressor on main floor

Listing Details MLS# R10866841

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 6
Bathrooms Total: 4
Bathrooms Full: 4
Building Area Main: 5890
Building Area Source: Public Records
Living Area Main: 3280
Year Built: 1994
Gated Community YN: No
Lot Size Dimensions: 4.8+/-
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories Total: 2
Stories: 2
Direction Faces: South
Fireplace YN: Yes
Pool Private YN: Yes
Equestrian Features YN: Yes
Furnished: Unfurnished
Year Roof Installed: 1994

Property Features

Dining Area: Eat-In Kitchen; Formal Dining Electric: Three Phase Flooring: Carpet; Ceramic Tile; Wood Guest House Features: 1 Bath; 1 Bedrooms; Living Room; Patio Property Condition: Resale Appliances: Dishwasher; Dryer; Gas Range; Refrigerator; Washer; Water Heater; Water Softener Water Heater Details: Electric Water Heater Architectural Style: Key West Construction Materials: Frame Cooling: Ceiling Fan(s); Central Air Fencing: Fenced Heating: Central; Electric Interior Features: Bedroom Layout - Split; Entrance Foyer; Pantry; Walk-In Closet(s) Laundry Features: Inside Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pool Features: Concrete; Equipment Included; Pool Sweep Possession: Close Of Escrow Restrictions: No Restrictions Roof: Metal Security Features: Smoke Detector(s) Sewer: Septic Tank Special Information: Sold As-Is Tax Information: Homestead Exemption Unit Description: Studio Utilities: Cable Available; Water Available Water Access: None Water Source: Well Window Features: Casement Showing Requirements: Call Listing Agent; Listing Agent Must Accompany Outdoor Living Spaces: Balcony; Patio; Porch Contingencies: Financing Room Types: Bedroom 2; Bedroom 3; Dining Room; Kitchen; Laundry; Living Room; Master Bedroom; Utility Room Acreage Description: 4 To Less Than 5 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 995000

Location and Legal

County Or Parish: Martin
County Parish Name: Martin
Street Number: 5501
Street Direction Prefix: SW
Street Name: Sunshine Farms
Street Suffix: Way
City Name: Palm City
State Or Province: FL
Postal Code: 34990
Postal Zip: 34990
Subdivision Name: PALM CITY FARMS
Area: 6100 - Palm City West/Indiantown
Geographic Area: MRTC - Martin County
Special Assessment YN: No
Parcel Number: 223840000012000005
Zoning: res
Directions: Citrus/Sunshine Farms

Financial Information

Association Deposit YN: No
Membership Fee Required YN: No
Tax Annual Amount: 9808.1
Tax Year: 2022
Tax Legal Description: PALM CITY FARMS TR 12 (LESS S 25' R/W)

Status Change Information

Major Change Timestamp: 2023-04-04T17:54:51Z
Major Change Type: Status Change
Status Change Date: 2023-04-04
Under Contract Date: 2023-02-21
Close Date: 2023-03-31
Close Price: 1000000
Buyer Financing: Conventional

More Information

Entry Information

Entry Location: Entry Level Living Area Y

Guest House Area Details

Building Area Guest House: 1140

Short Sale Details

Short Sale Addendum: No

Main Level Rooms

Main Level Bathrooms: 3
Main Level Bedrooms: 3

Storm Protection

Impact Glass: Partial

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Room Types

Kitchen Level: Main
Living Room Level: Main
Master Bedroom Level: Second

Price Calculations

Current Price To SqFt: 304.87
Original List Price To Close Price: 0.99

Originating Details

Originating System Key: 20230216194824579416000000
Originating System ID: M00000170

Room Information

Room Name	Length	Width	Level
Living Room	15.00	28.00	Main
Kitchen	14.00	17.00	Main
Utility Room	6.00	9.00
Bedroom 2	13.00	12.00
Master Bedroom	15.00	20.00	Second
Dining Room	14.00	12.00
Bedroom 3	12.00	11.00
Laundry

Listing Office: Paradise Homes Realty of the T

Last Updated: July - 01 - 2026

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5501 SW Sunshine Farms Way, Palm City, FL 34990 (MLS# R10866841)