7405 SW Citrus Boulevard, Palm City, FL 34990

$795,000

Virtual Tour

https://www.propertypanorama.com/7405-SW-Citrus-Boulevard-Palm-City-FL-34990/unbranded

Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 6,624 Status: Closed

Current Price: $795,000 List Date: 6/19/2021 Last Modified: 9/09/2026

Overview

Description

This fantastic House located on 4.7 acres was known as ''the Matheson House,'' this is a former hunting lodge and has been renovated from top to bottom, while maintaining its' historical ambiance. The house has a 93 feet and 41 feet Verandas in back and front, perfect for watching your horses graze. The 65' x 35' Barn has 7 stalls now rented for $2,100 a month, an AC tack room, feed room and 2 wash racks. The property is fully fenced and includes an electric gated entrance, fenced arena, 4 fenced pastures, Fruit Trees and access to riding trails. The gorgeous wood plank cathedral ceiling in living room is stunning. All the rooms a very large and spacious. A nice fenced pond is also on the property. Bring an offer as it will not last long. Information approximate buyer to verify

Supplements: There is a potential of income of $3,000 per month as stalls are fairly easy to rent.

Listing Details MLS# R10725242

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 5
Bathrooms Total: 3
Bathrooms Full: 3
Building Area Main: 6624
Building Area Source: Public Records
Living Area Main: 4250
Year Built: 1958
Garage YN: Yes
Garage Spaces: 4
Covered Spaces: 4
Gated Community YN: No
Lot Size Area: 204732
Lot Size Acres: 4.7
Senior Community YN: No
Waterfront YN: Yes
Stories Total: 2
Stories: 2
Direction Faces: West
Pool Private YN: No
Equestrian Features YN: Yes
Furnished: Negotiable

Property Features

Electric: Three Phase Equestrian Features: Paddocks; Tack Room; Water and Electric Flooring: Wood Parking Features: Garage Door Opener; Garage Property Condition: Resale Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer; Water Heater Water Heater Details: Electric Water Heater Water Softener Details: Water Softener Owned Construction Materials: Concrete; Frame Cooling: Central Air Fencing: Fenced Heating: Central Interior Features: French Doors Laundry Features: Inside Listing Terms: Cash; Conventional Pets Allowed YN: Yes Possession: Close Of Escrow; Negotiable Restrictions: No Restrictions Sewer: Septic Tank Storm Protection Details: None Tax Information: Agricultural Exemption; County Only Utilities: Water Available Water Source: Well Waterfront Features: Pond Showing Requirements: Text Listing Agent Contingencies: Appraisal; Inspection Room Types: Bedroom 2; Bedroom 3; Bedroom 4; Den; Dining Room; Family Room; Kitchen; Laundry; Living Room; Master Bedroom; Other Acreage Description: 4 To Less Than 5 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 949900

Location and Legal

County Or Parish: Martin
County Parish Name: Martin
Street Number: 7405
Street Direction Prefix: SW
Street Name: Citrus
Street Suffix: Boulevard
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: 023940000008000101
Zoning: AG
Directions: Martin HWY to south on Citrus to property

Financial Information

Association Deposit YN: No
Membership Fee Required YN: No
Tax Annual Amount: 2230.42
Tax Year: 2020
Tax Legal Description: 2 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: 2021-08-13T17:11:13Z
Major Change Type: Status Change
Price Change Timestamp: 2021-07-20T18:10:18Z
Status Change Date: 2021-08-13
Under Contract Date: 2021-07-23
Close Date: 2021-08-13
Close Price: 795000
Buyer Financing: Conventional

More Information

Equestrian Details

Number of Barns: Yes
Number of Stalls: 7

Short Sale Details

Short Sale Addendum: No

Main Level Rooms

Main Level Bathrooms: Yes
Main Level Bedrooms: 3

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Room Types

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

Price Calculations

Current Price To SqFt: 187.05
Original List Price To Close Price: 1.19

Originating Details

Originating System Key: 20210619013701642762000000
Originating System ID: M00000170

Room Information

Room Name	Length	Width	Level
Living Room	27.60	19.00	Upper
Kitchen	19.00	16.00	Upper
Master Bedroom	20.00	14.60	Upper
Bedroom 2	17.00	12.00	Upper
Bedroom 3	23.00	15.00	Lower
Bedroom 4	15.00	11.00	Lower
Den	11.60	11.00	Upper
Dining Room	20.60	13.60	Upper
Family Room	29.60	15.00	Lower
Other	14.00	11.00	Lower
Laundry

Listing Office: Keller Williams Realty of PSL

Last Updated: September - 09 - 2026

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7405 SW Citrus Boulevard, Palm City, FL 34990 (MLS# R10725242)