Palm City Farms

5004 SW Martin Commons Way, Palm City FL 34990

3 beds · 4.5 baths · 980 ft²

Closed

$1,990,000

43.14%

Est. Payment $10,592/mo

MLS Sheet Video

3

Bedrooms

4.5

Bathrooms

980

Sq. Ft.

1994

Year Built

10

Garage

1

Stories

360

Days on Market

Description

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. A charming breezeway connects the cottage to a remarkable 3,000-square-foot, air-conditioned CBS garage and storage building, featuring a full bath. This expansive and versatile space invites a multitude of possibilitieswhether you choose to store recreational vehicles, boats, and cars, or transform it into additional living quarters. By integrating the cottage with this expansive brick structure, one can craft a bespoke living space that seamlessly integrates with the existing home, offering the perfect canvas to design a dream residence that reflects your unique vision of luxury, comfort, and style. Venture further, and you'll discover a second large storage/Living steel building currently utilized as a workspace with farmhand living quarters including a full bath, bedroom, office and family room/kitchen, providing ample room for creativity and expansion. For equestrian enthusiasts, this newly fenced property boasts three separate barns designed to accommodate up to 9 horses, along with six new paddocks, ensuring a comfortable and well-equipped environment for your four-legged companions. The main barn also has a half bath in the tack room. As you explore the property, you'll find a charming gazebo overlooking a fountained lake, complete with a new fishing dock that invites you to unwind and enjoy peaceful moments by the water. The scenic beauty of this estate makes it an ideal setting for special events, and was previously utilized as a sought-after location for weddings and other celebratory gatherings. With two gated entrances and parking capacity for approximately 150 cars, this equestrian estate is perfectly suited for an event-hosting business or a charming private residence. Along your winding path lies a storybook two-story playhouse, sitting like a whimsical cottage straight out of a fairy tale. Here, the laughter of children fills the air as they embark on imaginative adventures within their own little world. This charming playhouse, surrounded by a white picket fence, is a miniature wonderland, complete with quaint shutters and a tiny front porch. Inside, the magic comes alive as the little ones scurry up the ladder to the second floor, peeking out from the windows like explorers surveying their kingdom. Downstairs, they host tea parties with their stuffed animal friends or set up a pirate's den, plotting their next grand adventure. More laughter and giggling can be heard outside as they slide down a 360-degree spiral slide. This enchanting playhouse is more than just a structure; it's a place where imagination knows no bounds and every day is a new chapter in their own delightful story. Currently zoned for 3 acres of agriculture and 6.8 acres of residential use, this versatile property offers endless opportunities for those seeking a unique lifestyle or a potentially profitable venture. Whether you envision it as a private sanctuary, a bustling event venue, or an expansive equestrian estate, this lush and elegantly manicured property is a rare gem that promises a life of tranquility, beauty, and boundless potential. Welcome home to your dream estate, where every corner tells a story, and every day brings new adventures. NOTE: The property consists of AND INCLUDES two parcels & two PIDs. Main house Parcel #223840000034000107 (4.8 Acres). Second Parcel #223840000034000009

Facts

MLS#
R11018847
Subdivision
Palm City Farms
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1994
Lot Size
426,888 ft²
Sq. Ft.
980 ft²
Sq. Mt.
91 m²
Price per sq. ft.
$2,031/ft²
Price per sq. mt.
$21,868/m²
Stories
1
Garage
10 spaces
Pool
—
Days on Market
360 days
Listed
Sep 6, 2024
Last Updated
Aug 16, 2026
Price/Lot Sq.Ft.
$5/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Palm City

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

September 2026

100/100
Buyers marketSellers market

49

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

8/16/2026Sold$1,990,000
9/16/2025Price change$1,990,000-43.1%
9/6/2024Listed for sale$3,500,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

5004 SW Martin Commons Way, Palm City FL 34990Directions

Estimated Monthly Payment

$12,400/mo

Principal & Interest

$10,592

Property Tax

$1,658

Insurance

$150

HOA

$0

20% ($398,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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