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$950,000
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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
- Sold For: $950,000
- HOA FEE: $13
- Taxes: $12,075 (2025)
- Status: Closed
- Type: Single Family
- Source: Martin_County
- MLS ID: M20055420
- Added to Site: 176 day(s) ago
Interior
- Interior Features: Bathtub, Dual Sinks, Separate Shower
- Furnishings: Unfurnished
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Heated, In Ground, Salt Water
- Spa: Yes
- Spa Description: Above Ground
Parking
- Covered Spaces: 3
- Total Spaces: 3
Location
- Area: 10-Palm City West and Indiantown
- County: Martin
- Subdivision: Palm City Farms
- Driving Directions: Citrus Boulevard to Sunshine Farms Way. Turn Left on Sundown LAne and a left on Martin Commons/42nd
Community
- Community Name: 10-Palm City West and Indiantown
- Association: Yes
- Assoc. Fees Include: None
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Structural Information
- Property Detached: Yes
- Architectural Style: Mediterranean
- Construction: Block, Concrete
- Roof: Barrel
- Stories/Levels: 1
- Square Feet: 2,935
- Living Area: 2,935 Sq. Ft.
- Year Built: 2018
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 4.74
- Lot Size: 4.74
Financial Considerations
- Association Fee: $13
- Tax Amount: $12,075
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Survey
- Legal Description: PALM CITY FARMS SEC 22 T38S R40E; W 1/2 OF TRACT 30 (LESS R/W)
- Property ID: 223840000030000100
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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
10/14/2026
Sold
$950,000
-9.52%
MLS
8/25/2026
Price Reduced
$1,050,000
-10.26%
MLS
7/27/2026
Price Reduced
$1,170,000
-2.5%
MLS
7/01/2026
Price Reduced
$1,200,000
-4%
MLS
5/27/2026
Price Reduced
$1,250,000
-3.85%
MLS
5/11/2026
Price Reduced
$1,300,000
-3.7%
MLS
4/24/2026
Listed
$1,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5023 SW Martin Commons Way, Palm City, FL 34990 (MLS# M20055420) is a Single Family property that was sold at $950,000 on October 14, 2026. This property was sold by Jeff Clark from our Stuart Office.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.


