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$1,250,000
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Property Description
Custom-built in 2018, this Palm City estate offers refined indoor-outdoor living, thoughtful upgrades, and exceptional privacy in one of the area's most desirable communities. Features include impact glass throughout, chef-inspired kitchen with dual islands and premium appliances, heated saltwater pool and spa, screened patio, fire pit gathering area, expanded paver driveway, Tesla EV charger, and upgraded well and irrigation systems. The cleared homesite offers generous usable space for everyday living, entertaining, and recreation, while preserved natural surroundings create a serene wooded backdrop, remarkable privacy, and peaceful views rarely found in South Florida. Luxury, function, and tranquility come together in this exceptional property.
Full Property Details
Full Property Details for 5023 SW Martin Commons Way
General
- Price: $1,250,000
- HOA FEE: $13/month
- Taxes: $11,592 (2025)
- Status: Active
- Type: Single Family
- Source: Regional
- MLS ID: B26019091
- Updated: 6/8/2026
- Added to Site: 45 day(s) ago
Interior
- Number of Rooms: 3
- Interior Features: Breakfast Bar, Breakfast Area, Bathtub, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, High Ceilings, Kitchen Island, Kitchen/Dining Combo, Main Level Primary, Pantry, Split Bedrooms, Soaking Tub, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)
- Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Freezer, Disposal, Ice Maker, Microwave, Oven, Refrigerator, Vented Exhaust Fan, Water Heater, Washer
- Flooring: Other
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Main Floor Baths: 3
Bedrooms
- Total Bedrooms: 4
- Bedrooms Main: 4
Other Rooms
- Laundry: Main Level, Laundry Room
Additional Information
- Shared Amenities: None
- Pool: Yes
- Private Pool: Yes
- Pool Description: Gunite, Heated, In Ground, Pool/Spa Combo
- Spa: Yes
- Spa Description: Above Ground
Exterior
- Exterior Features: Lighting
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
- Covered Spaces: 3
- Total Spaces: 13
- Parking Features: Attached, Driveway, Garage, Gravel
Location
- County: Martin
- Subdivision: Palm City Farms
- Driving Directions: Martin Highway to Citrus Blvd (South). Turn right on to Sunshine Farms Way (Just after the church.) Take Sunshine Farms Way to the first left turn. Turn left on to SW Sundown Lane. Make the first left (again) on to SW 42nd St Way/ Martin Commons Way
- Direction Faces: South
School Information
- Elementary School: Citrus Grove (Martin)
- Middle School: Hidden Oaks
- High School: South Fork
Community
- Community Name: 6100 - Palm City West/Indiantown
- Association: Yes
- Assoc. Fees Include: Legal/Accounting
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
- Utility Description: Electricity Connected
Structural Information
- Architectural Style: Contemporary, Mediterranean
- Structure Type: House
- Construction: Concrete
- Roof: Barrel
- Windows: Blinds, Storm Window(s)
- Doors: French Doors
- Stories/Levels: 1
- Building Size: 4158
- Square Feet: 2,935
- Sq. Ft. Source: Public Records
- Living Area: 2,935 Sq. Ft.
- Year Built: 2018
- Property Condition: Resale
Lot Features
- Property View: Garden, Preserve
- Lot Size (Acres): 4.74
- Frontage: Other, Paved
- Irrigation System: Well
- Lot Features: Cul-De-Sac, Fruit Trees, Landscaped, Many Trees, Sprinklers Automatic, Sprinkler System
- Zoning: A-2, future AG
- Fencing (Description): Partial
Financial Considerations
- Association Fee: $13
- Assoc Fee Freq.: Monthly
- Assessment Amount: $778,005
- Tax Amount: $11,592.21
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: PALM CITY FARMS SEC 22 T38S R40E; W 1/2 OF TRACT 30 (LESS R/W)
- Disclosures/Rstr.: Covenants/Restrictions Disclosure, Deed Restriction
- Property ID: 223840000030000100
Listed by RE/MAX of Stuart
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Schools
Schools serving 5023 SW Martin Commons Way
School District:Martin County School District
| Name | Grades | Distance |
|---|---|---|
Citrus Grove Elementary School, Palm City, FL 2527 Southwest Citrus Boulevard South, Palm City, FL 34990 | PK-5 | 0.4 mi |
Hidden Oaks Middle School 2801 Southwest Martin Highway, Palm City, FL 34990 | 6-8 | 2.1 mi |
South Fork High School 10000 Southwest Bulldog Way, Stuart, FL 34997 | 9-12 | 7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5023 SW Martin Commons Way
Date
Details
Price
Change
Source
5/27/2026
Price Reduced
$1,250,000
-3.85%
MLS
5/11/2026
Price Reduced
$1,300,000
-3.7%
MLS
4/25/2026
Listed
$1,350,000
63.64%
MLS
12/16/2021
Sold
$825,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5023 SW Martin Commons Way
Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,192
—
$778,005
3%
2024
$12,192
7%
$756,079
9%
2023
$11,364
40%
$696,457
43%
2021
$8,133
-26%
$488,271
-28%
2022
$10,976
35%
$676,172
40%
2021
$8,133
—
$481,530
—
2019
$8,105
341%
$481,420
512%
2018
$1,837
29%
$78,638
-25%
2017
$1,428
29%
$105,210
62%
2016
$1,105
16%
$64,990
43%
2015
$953
5%
$45,544
10%
2014
$906
41%
$41,404
10%
2013
$644
—
$37,640
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5023 SW Martin Commons Way
5023 SW Martin Commons Way, Palm City, FL 34990 (MLS# B26019091) is a Single Family property with 4 bedrooms and 3 full bathrooms. 5023 SW Martin Commons Way is currently listed for $1,250,000 and was received on April 25, 2026. Want to learn more about 5023 SW Martin Commons Way? Do you have questions about finding other Single Family real estate for sale in Palm City? You can browse all Palm City real estate or contact a Coldwell Banker agent to request more information.

