7405 SW Citrus Blvd, Palm City, FL 34990 (MLS# R10604113)

7405 SW Citrus Blvd, Palm City, FL 34990

$650,000
Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 5,242 Status: Closed
Current Price: $650,000 List Date: 4/03/2020 Last Modified: 7/04/2026

Overview

Description

PRICE REDUCTION! Known as ''the Matheson House,'' this former hunting lodge has been renovated from top to bottom, while maintaining its' historical ambiance. Verandas grace both sides, perfect for watching your horses graze. The 1,896 SqFt Barn has 7 stalls, an AC tack room, feed room, 2 wash racks. The property is fully fenced and includes a gated entrance, fenced arena, 4 fenced pastures, direct access to riding trails and Fruit Trees like Mango, Barbados Cherry, Vanilla Bean, Orange and more. The gorgeous wood plank cathedral ceiling and windows in the Great Room invite you in. The Dining Room, full of light reflecting off the crystal chandelier and the Kitchen with the farm sink and stone countertops will make you want to call this home. Full Inspection Report Available

Listing Details MLS# R10604113

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
5
Bathrooms Total
3
Bathrooms Full
3
Building Area Main
5242
Building Area Source
Public Records
Living Area Main
4250
Year Built
1958
Garage YN
Yes
Attached Garage YN
Yes
Garage Spaces
4
Covered Spaces
4
Gated Community YN
No
Lot Size Dimensions
4.70
Senior Community YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
2
Stories
2
Direction Faces
Southwest
Pool Private YN
No
Equestrian Features YN
Yes
Furnished
Unfurnished

Property Features

Dining Area: Formal Dining Equestrian Features: Boarding Facilities; Feed Room; Paddocks; Pasture; Riding Trail; Stable(s); Tack Room; Wash Rack Flooring: Ceramic Tile; Wood Parking Features: Attached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer; Water Heater Water Heater Details: Electric Water Heater Architectural Style: Rustic Construction Materials: CBS; Frame; Mixed Cooling: Other Fencing: Fenced Heating: Other Interior Features: Bedroom Layout - Stacked; High Ceilings; Pantry; Storage Laundry Features: Inside; Laundry Closet Listing Terms: Cash; Conventional; VA Loan Lot Features: Fruit Tree(s) Other Structures: Barn(s) Pets Allowed YN: Yes Possession: Close Of Escrow; Negotiable Restrictions: No Restrictions Roof: Composition; Shingle Security Features: Gated - No Guard Sewer: Septic Tank Special Information: Sold As-Is Tax Information: County Only Utilities: Water Available Water Source: Well Water View: Pond Waterfront Features: Pond Showing Requirements: Call Listing Agent; Listing Agent Must Accompany; Occupied; Schedule Online; Text Listing Agent Outdoor Living Spaces: Balcony; Deck; Patio; Porch Balcony Details: Balcony - Covered Patio Details: Patio - Covered Contingencies: Financing; Inspection Concessions Detail: Other Room Types: Bedroom 2; Bedroom 3; Bedroom 4; Bedroom 5; Den; Dining Room; Game Room; Great Room; Kitchen; Laundry; Living Room; Master Bedroom; Other; Workshop Acreage Description: 4 To Less Than 5 Acre Lot; 5 To Less Than 10 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
750000

Location and Legal

County Or Parish
Martin
County Parish Name
Martin
Street Number
7405
Street Direction Prefix
SW
Street Name
Citrus Blvd
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
Elementary School
Crystal Lake (Martin)
Middle Or Junior School
Dr. David L. Anderson
High School
South Fork
Special Assessment YN
No
Parcel Number
023940000008000101
Zoning
AG
Directions
From Martin Hwy (aka Hwy 714) go West on Citrus.

Financial Information

Association Deposit YN
No
Membership Fee Required YN
No
Tax Annual Amount
1890
Tax Year
2019
Tax Legal Description
02 39 40 PALM CITY FARMS TRACT 8 (LESS W 50' FOR CR 76A R/W & LESS N 360.84' EXCEPTING E 40')

Status Change Information

Major Change Timestamp
2020-08-06T23:46:01Z
Major Change Type
Status Change
Price Change Timestamp
2020-06-09T21:01:21Z
Status Change Date
2020-08-06
Under Contract Date
2020-06-18
Close Date
2020-08-06
Close Price
650000
Buyer Financing
Other

More Information

Equestrian Details

Number of Barns
Yes
Number of Stalls
7

Short Sale Details

Short Sale Addendum
No

Room Types

Bedroom 2 Level
Upper
Bedroom 3 Level
Lower
Bedroom 4 Level
Lower
Bedroom 5 Level
Lower
Den Level
Upper
Dining Room Level
Upper
Kitchen Level
Upper
Living Room Level
Upper
Master Bedroom Level
Upper
Other Level
Lower

Price Calculations

Current Price To SqFt
152.94
Original List Price To Close Price
1.15

Originating Details

Originating System Key
20200214174839925232000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level Remarks
Bedroom 2 17.40 15.00 Upper Guest Room
Bedroom 3 14.60 12.10 Lower Girl's Room
Dining Room 14.20 20.00 Upper
Kitchen 16.00 16.00 Upper
Living Room 16.00 20.00 Upper
Master Bedroom 20.20 15.00 Upper
Bedroom 4 14.30 11.70 Lower Boy's Room
Bedroom 5 23.10 14.70 Lower 5th Bedroom, being used as office
Den 11.50 11.30 Upper
Other 28.40 14.60 Lower Kid's Living Room
Great Room
Laundry
Game Room
Workshop
IDX
Listing Office: NextHome Treasure Coast
Source MLS Verified
Last Updated: July - 04 - 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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