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$10,000 Closing Credit¹
#RX-11075672, William Volpe, Listing Office: Serhant
#RX-11018847·
Listing office: Raya·
Listing agent: Edward Zakarian·
Listing agent phone: (561) 847-0380·
Listing office phone: (561) 339-6555
$2,250,000 List price
5004 SW Martin Commons Way Palm City, FL 34990
$10,000
Closing credit¹
3 beds
2 full, 1 partial
980 sqft
$2,296 / sqft
House
Property details
About 5004 SW Martin Commons Way
Welcome to The Seven Oaks Ranch, a truly enchanting 9.8-acre estate located at 5004 Southwest Martin Commons Way in the picturesque Palm City. As you approach this magnificent property, you're greeted by a grand, gated entrance that opens to a storybook setting. A tree-lined, winding drive meanders through the lush landscape, where dozens of majestic oak trees stand proudly alongside mature vegetation, creating a serene and private retreat. Nestled amidst this verdant paradise is a beautifully renovated, custom-designed 2-bedroom, 2-bath country cottage. The cottage exudes rustic charm with its screened-in front porch, perfect for sipping morning coffee while soaking in the tranquil surroundings.
Highlights
Home typeSingle Family Residence
HeatingCentral, Electric
StatusAccepting Backup Offers
(Active Under Contract)
(Active Under Contract)
CoolingCeiling Fan(s), Central Air, Electric
Size980 sqft
Year built1994
ParkingDrive - Circular, Driveway, Garage - Building, Garage - Detached, Guest, Open, RV/Boat
MLS #RX-11018847
Garage10 spaces
WaterfrontPond
FireplaceFireplace(s)
Virtual tour
Summary
- MLS Number: RX-11018847
- Office Name: Raya
- Office Phone: (561) 339-6555
- Listing Agent: Edward Zakarian
- Agent Phone: (561) 847-0380
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2025 BeachesMLS, Inc.
This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/24/2025, 3:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,250,000
5004 SW Martin Commons Way
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 25, 2022 | Home Sold | $1,675,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $678,080 | $11,743 |
| 2022 | $190,074 | $2,965 |
| 2021 | $182,890 | $2,965 |
| 2020 | $185,314 | $2,881 |
| 2019 | $172,887 | $2,780 |
| 2017 | $185,129 | $2,754 |
History based on county public records data.
Nearby schools
9
Citrus Grove Elementary School
Public District PK-5
1.5 mi
•2527 SW Citrus Blvd
8
Palm City Elementary School
Public District PK-5
2.7 mi
•1951 SW 34th St
8
Bessey Creek Elementary School
Public District PK-5
3.3 mi
•2201 SW Matheson Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $72,690. Typical income of Palm City, FL residents is between $35k-100k annually. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
28%
<35k
39%
35k-100k
26%
100k-200k
7%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
27%
Single, No Kids
7%
Single, with Kids
40%
Married, No Kids
26%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
10%
12-17 yrs old
13%
18-34 yrs old
51%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Hunting
PGA/LPGA
Pro Wrestling
Where do the neighbors shop?
Dillards
Dick's Sporting Goods
Wal-Mart
Where do the neighbors go to eat?
Cracker Barrel
Texas Roadhouse
Hardee's
What do the neighbors drive?
Cadillac
Subaru
Ram
What do the neighbors listen to?
News/Talk/Information
New Country
Classic Country
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
About 5004 SW Martin Commons Way
This home is located at 5004 SW Martin Commons Way in Palm City, FL and zip code 34990. This 980 square foot home was built in 1994. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 7, 2024 and is currently priced at $2,250,000.
In March 2025, from all listings sold in Palm City, FL there were more than 1 sold above asking price, over 24 sold below and more than 8 were sold right at the asked price. The number of homes for sale in Palm City, FL increased by 4.9% between February and March 2025. The median list price of listings available in March 2025 was $630,000, while the average time on the real estate market was 78 days.
From Rocket Homes Real Estate and based on county public records data.