Price Reduction - Waterfront
5205 SW Honey Terrace, Palm City, FL
$ 7,900,000
Property Attributes
  • MLS#RX10936376
  • TypeSingle Family
  • CountyMARTIN
  • CityPalm City
  • Area10 - Palm City West-Indiantown
  • NeighborhoodPalm City Farms
  • Zip34990
  • Style< 4 Floors,Mediterranean
  • Year Built1988
  • Taxes$ 22927
  • Price$ 7,900,000
  • Bedrooms6
  • Full Bathrooms4
  • Half Bathrooms1
  • Sqr Footage6334
Data Source:
Beaches MLS
Property Description

**PRICE IMPROVEMENT.. Elegant Equestrian Estate nestled amongst 30 Acres of meticulously kept Paddocks, Riding arenas, a Rink and an 8 Stall Stallion center isle Barn complete with Grooms quarters with Washer and Dryer, Tack room, Feed room, Bathing Area, Water and Electric. The Mediterranean style Home offers an array of enhanced features which include a grand entry that sets the tone for the impressiveness within. The spacious living and dining area includes a spectacular stone fireplace that sets the tone for a wonderful evening. A gourmet kitchen which caters to your culinary desires includes a walk in Cooler, Large Copper Hood, Gas Range top, Wall Ovens and much more. The main Bedroom offers a wet Bar an expansive sitting area and a luxurious en-suite. As you enter the outdoor

Elementary School Middle School High School
Citrus Grove Elementary Hidden Oaks Middle School South Fork High School
Price History
11/15/2023 Listed $10,000,000
2/16/2024 11% - $8,900,000
5/14/2024 12% - $7,900,000

General Features

Interior Features Bar,Built-in Shelves,Ctdrl/Vault Ceilings,Entry Lvl Lvng Area,Fireplace(s),Foyer,French Door,Kitchen Island,Laundry Tub,Pantry,Pull Down Stairs,Roman Tub,Sky Light(s),Split Bedroom,Volume Ceiling,Wal
Construction CBS
Heating Central
Cooling Ceiling Fan,Central
Utilities Electric,Septic,Well Water
Possession At Closing
Roof Flat Tile
Parking 2+ Spaces,Garage - Attached
Pets Allowed Yes
Exterior Features Auto Sprinkler,Built-in Grill,Custom Lighting,Extra Building,Fence,Lake/Canal Sprinkler,Open Patio,Summer Kitchen,Utility Barn
Zoning A-2
HOA None
Number of Garage Spaces 3.00
Status Active
Full Baths 4
Half Baths 1
Year Built 1988
Subdivision Palm City Farms
View Lake
Type Single Family Detached
Rooms Attic,Den/Office,Laundry-Inside
Property Type A
Area 10 - Palm City West/Indiantown
Auction No
Tax Year 2023
Terms Considered Cash
Short Sale No
Restrict Buyer Approval
Special Info Sold As-Is
Taxes 22927.20
Middle School Hidden Oaks Middle School
Geo Lat 27.151615
Adult 55+ No Hopa
Governing Bodies None
Membership Fee Required No
High School South Fork High School
Virtual Tour
Elementary School Citrus Grove Elementary
Geo Area MA10
Geo Lon -80.324971
Legal Description 22-38-40 PALM CITY FARMS TRACTS 45 & 46

Interior Features

Window Treatments Impact Glass
Dining Area Breakfast Area,Dining-Living,Eat-In Kitchen,Formal,Snack Bar
Flooring Carpet,Tile,Wood Floor
Furnished Y/N Unfurnished
Total Bedrooms 6
Master Bedroom/Bath Dual Sinks,Mstr Bdrm - Ground,Separate Shower,Separate Tub
Total Bathrooms 4.10
SqFt - Living 6334.00
Total Floors/Stories 1.00
Equip/Appl Included Cooktop,Dishwasher,Disposal,Dryer,Freezer,Generator Whle House,Ice Maker,Microwave,Range - Gas,Refrigerator,Washer,Water Heater - Elec

Exterior Features

Lot Description 25 to < 50 Acres
Waterfront Yes
Waterfront Lake
Design < 4 Floors,Mediterranean
Private Pool Y/N Yes
Lot Dimensions 30 Acres
Subdiv. Amenities Horses Permitted
Equestrian Features Center Aisle,Feed Room,Grass Field,Grooms Quarters,Paddocks,Ring,Tack Room,Water & Electric
Storm Protection: Impact Glass Complete
Equestrian Features: # of Stalls 8.00
Equestrian Features: # of Barns 1.00


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 34990

AVG $1.1M
AVG $8,069
AVG 79
Data Provided by Inside Real Estate®
Year Built
AVG 1996