5605 SW HONEY Terrace, Palm City, FL 34990 (MLS# R9982831)

5605 SW HONEY Terrace, Palm City, FL 34990

$550,000
Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 5,506 Status: Closed
Current Price: $550,000 List Date: 10/04/2013 Last Modified: 7/11/2026

Overview

Description

3918 sq.ft. Key West style home in equestrian community on 5 acres in Palm City. The main house is CBS and steel construction including steel trusses, 2 story 5 bedroom 3 ½ bath, wood floors, granite counters, gas cook top, double sided gas fireplace, double oven, large center island, SS appliances, washer/dryer, master bedroom suite added in 2010 (over 720 sq. Ft.) Has sitting room and office with built-in cabinets, 20’ x 10’ walk in closet with full built ins, large master bath with his and her vanity, claw foot cast iron tub and separate shower with Hansgrohe rain head, body sprays and hand held showerhead. Plus 1600 sq.ft. under-air guest house, built in 2005, 2 story, full kitchen, 2 full baths, open second story, tile floors on first floor and carpet on stairs and seco

Supplements: electric fireplace. Guesthouse is income property with horse boarding business. Property has reverse osmosis water system, 500 gal and 100 gal in ground propane tanks, tankless hot water heater, newer a/c units, large generator runs a/c in main house to 4 upstairs bedrooms, refrigerator, many electrical outlets and lighting on the first floor. ...

Listing Details MLS# R9982831

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
5
Bathrooms Total
4
Bathrooms Full
3
Bathrooms Half
Yes
Building Area Main
5506
Building Area Source
Public Records
Living Area Main
3898
Year Built
1999
Garage YN
Yes
Garage Spaces
3
Covered Spaces
3
Lot Size Area
201682
Lot Size Acres
4.63
Senior Community YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
2
Stories
2
Direction Faces
Northwest
Fireplace YN
Yes
Pool Private YN
No
Equestrian Features YN
Yes
Furnished
Unfurnished
LP/Assessed Value
1.23

Property Features

Equestrian Features: Stable(s) Flooring: Carpet; Wood Guest House Features: 1 Bath; 1 Bedrooms Parking Features: Garage Door Opener; On Street; Detached Garage; Garage Special Listing Conditions: Short Sale Appliances: Dishwasher; Disposal; Electric Range; Gas Range; Ice Maker; Microwave; Oven; Refrigerator; Water Heater Water Heater Details: Gas Water Heater Architectural Style: Key West Construction Materials: Block; CBS Cooling: Ceiling Fan(s); Central Air; Electric Association Type: Homeowner Association Heating: Central; Electric Interior Features: Built-in Features; Central Vacuum; French Doors; Kitchen Island; Walk-In Closet(s) Laundry Features: Inside Listing Terms: Cash; Conventional; FHA Other Structures: Barn(s) Pets Allowed YN: Yes Possession: Negotiable Other Leasing Restrictions: Leasing Prohibited Roof: Metal Security Features: Smoke Detector(s) Special Information: Sold As-Is Tax Information: Agricultural Exemption; Homestead Exemption Utilities: Cable Available; Water Available Water Source: Well Water View: Pond Waterfront Features: Pond Window Features: Drapes; Plantation Shutters Showing Requirements: Appointment Only; Call Owner; Occupied Outdoor Living Spaces: Patio Patio Details: Patio - Covered; Patio - Screened Room Types: Den; Dining Room; Kitchen; Laundry; Living Room; Master Bedroom Acreage Description: 4 To Less Than 5 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
739000

Location and Legal

County Or Parish
Martin
County Parish Name
Martin
Street Number
5605
Street Direction Prefix
SW
Street Name
HONEY
Street Suffix
Terrace
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
223840000043000100
Zoning
sfr
Directions
Martin Hwy (714) to Citrus South to Sunshine Farms to Sundown Lane to Honey
Multiple Offers Accepted
No

Financial Information

Association YN
Yes
Association Fee
10
Association Fee Frequency
Monthly
Association Membership
Mandatory
Membership Fee Required YN
No
Tax Annual Amount
8682.32
Tax Year
2012
Tax Assessed/SOH Value
527400
Tax Legal Description
22-38-40 Palm City Farms W 1/2 Tract 43 (Less R/W)

Status Change Information

Major Change Timestamp
2014-08-12T20:35:21Z
Major Change Type
Status Change
Price Change Timestamp
2014-02-15T15:34:37Z
Status Change Date
2014-08-12
Under Contract Date
2014-02-19
Close Date
2014-08-11
Close Price
550000
Buyer Financing
Conventional

More Information

Guest House Area Details

Building Area Guest House
1608

Short Sale Details

Hardship Package
Submitted
Short Sale Addendum
Yes

Storm Protection

Permanent Generator
Whole House

Room Types

Dining Room Level
First
Kitchen Level
First
Living Room Level
First
Master Bedroom Level
First

Price Calculations

Current Price To SqFt
141.09
Original List Price To Close Price
1.34

Originating Details

Originating System Key
20130923234745496082000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level
Living Room 15.00 17.00 First
Dining Room 11.00 13.00 First
Kitchen 15.00 17.00 First
Master Bedroom 25.00 20.00 First
Laundry
Den
IDX
Listing Office: Harris Schmitt Real Estate Inv
Source MLS Verified
Last Updated: July - 11 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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