1 day on RocketTour
$10,000 Closing Credit¹
#RX-11098931, Zachary J. Leider, Listing office: Baron Real Estate
#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
StatusActive
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
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer, Electric Water Heater
- Flooring Type: Laminate
- Interior: Fireplace(s)
- Fireplace: Fireplace(s)
- Total Bedroom Count: 3
- Garage Space: 10 spaces
- Attached Garage: No
- Private Pool: No
- Parking: Drive - Circular, Driveway, Garage - Building, Garage - Detached, Guest, Open, RV/Boat
- Waterfront: Pond
- Exterior: Auto Sprinkler, Custom Lighting, Extra Building, Fence, Fruit Tree(s), Green House, Room for Pool, Screen Porch, Shed, Shutters, Utility Barn
- Heating: Central, Electric
- Cooling: Ceiling Fan(s), Central Air, Electric
- List Price: $2,250,000
- Price/SqFt: $2,295
- HOA Amount: $0 Monthly
- Annual Tax Amount: $11,743
- Tax Year: 2023
- Lot: Paved
- Directions: SW Martin Highway WEST to Citrus Blvd. SOUTH on Citrus Blvd to SW 42nd St. Property is on the SOUTH SIDE of the street.
- Year Built: 1994
- Stories: 1
- Living Area: 980 SqFt
- 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: 6/13/2025, 2:45:28 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
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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. The most common annual income of people living in Palm City, FL is between $35k-100k. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.
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
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Frequently asked questions
About 5004 SW Martin Commons Way
The listing price of 5004 SW Martin Commons Way property is $2,250,000.
The property 5004 SW Martin Commons Way is a house located in Palm City, Florida, 34990.
Active Listing: 5004 SW Martin Commons Way is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5004 SW Martin Commons Way are: Citrus Grove Elementary School (GreatSchools Rating 9/10), Palm City Elementary School (GreatSchools Rating 8/10), Bessey Creek Elementary School (GreatSchools Rating 8/10), Hidden Oaks Middle School (GreatSchools Rating 7/10), Somerset Academy St. Lucie (GreatSchools Rating 7/10), Stuart Middle School (GreatSchools Rating 4/10), Martin County High School (GreatSchools Rating 5/10), Willoughby Learning Center (GreatSchools Rating 1/10), Spectrum Academy (GreatSchools Rating 1/10).
According to the records, the last property tax for 2023 is $11,743 (source: MLS/based on county public records data).
The last sale was on July 25, 2022 for $1,675,000 (source: MLS/tax record).
The property at 5004 SW Martin Commons Way has 3 bedrooms and 2 full and 1 half bathrooms.
The property 5004 SW Martin Commons Way is 980 SqFt (source: MLS/tax record).
The year of construction for 5004 SW Martin Commons Way is 1994.
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.
Over 2 listings were sold over their listed price in May 2025 in Palm City, FL. In the same period over 16 listings were sold below the listed price and 4 listings were sold for the listed price. Between April and May 2025, Palm City, FL real estate market has seen increase in the number of listings by 18.7%. In May 2025, listings were on the market for 60 days. During the same period, the median list price in this real estate market was $627,000.
From Rocket Homes Real Estate and based on county public records data.