How do I schedule a tour of 5002 SW Markel Street, Palm City, FL 34990?

Use the Tour button on this listing to request a showing of 5002 SW Markel Street, Palm City, FL 34990. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.

Is 5002 SW Markel Street, Palm City, FL 34990 still available?

5002 SW Markel Street, Palm City, FL 34990 is currently listed as Under Contract, and has been on the market 4 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.

How much is the monthly payment for 5002 SW Markel Street, Palm City, FL 34990?

With 20% down ($279,980) on the $1,399,900 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5002 SW Markel Street, Palm City, FL 34990 is about $7,357/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.

How do I get pre-approved to buy 5002 SW Markel Street, Palm City, FL 34990?

Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5002 SW Markel Street, Palm City, FL 34990. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.

What schools serve 5002 SW Markel Street, Palm City, FL 34990?

5002 SW Markel Street, Palm City, FL 34990 is zoned for Crystal Lake (Martin) (elementary), Dr. David L. Anderson (middle), South Fork (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.

Can I negotiate the price of 5002 SW Markel Street, Palm City, FL 34990?

Often, yes. The right offer on 5002 SW Markel Street, Palm City, FL 34990 depends on how it's priced against comparable single family sales in Palm City, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

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Under Contract

4 Days on Market

All Listings

$1,399,900

5002 SW Markel Street

Palm City, FL 34990

Palm City Farms

Explore the area: Palm City homes for sale · Martin County real estate

Price Check

How this price compares

Asking price: $1,399,900
Price per sq ft: $471
Vs. nearby sales: 24.6% above
Days on market: 4

This 4-bedroom single-family home in Palm City Farms went under contract with an asking price of $1,399,900, or $471 per square foot. It spent 4 days on the market before going under contract. The 4 most recent single-family home sales in the closings shown below sold at a median of $378 per square foot, so the asking price was 24.6% above what comparable homes here actually sold for.

Bedrooms

Bathrooms

2,971

Living Sq Ft

2007

Year Built

Estimated monthly payment

$7,357 /mo

Principal and interest only, based on $279,980 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Customize this estimate

Listing Snapshot

Price: $1,399,900
Days on Site: 4 Days
Bedrooms: 4
Total Baths: 3
Full Baths: 3
Partial Baths: 0
Living Area: 2,971 sqft
Total Sq Ft: 8,057 sqft
Lot Size: 4.96 Acres
Year Built: 2007
Property Type: Single Family
MLS #: B26094372
Property Tax: $6,553 (2025)
Subdivision: Palm City Farms
County: Martin
Status: Under Contract
Special Conditions: Standard

About This Property

Set behind a gated entrance on nearly five acres in desirable Palm City Farms, this exceptional property offers a rare combination of privacy, versatility, and refined country living. Fully fenced grounds, majestic mature oak trees, and a picturesque pond create a peaceful setting with room to enjoy the outdoors. CBS construction, metal roof and impact windows offer peace of mind. Thoughtfully designed with dual primary suites, split floor-plan, elevated ceilings and timeless finishes. Don't miss the impressive 2,400 square foot CBS detached workshop, an outstanding opportunity for business owners, automotive enthusiasts, or those seeking generous space for equipment and recreational vehicles. Ideally situated in sought after Palm City, A-rated schools and close to shops & dining.

MLS media link

General Features

Property Type: Single Family
Status: Under Contract
Year Built: 2007
Property Condition: Resale
Number of Stories: 1
Levels: One
Garage Spaces: 8
Attached Garage: Yes
Parking: Attached / Garage / Rv Access Parking
Direction Faces: North
Lot Size (Acres): 4.96
Living Sq Ft: 2,971
Total Sq Ft: 8,057
Structure Type: House
Sewer: Septic Tank
Water Source: Well
Zoning: A-2

Interior Features

Appliances: Cooktop / Dishwasher / Electric Water Heater / Microwave / Oven / Refrigerator / Water Softener Owned / Water Softener / Water Heater
Cooling: Central Air
Heating: Electric
Flooring: Tile / Wood
Interior Features: Breakfast Bar / Breakfast Area / Bathtub / Dining Area / Separate Formal Dining Room / Dual Sinks / High Ceilings / Kitchen Island / Split Bedrooms / Soaking Tub / Separate Shower
Laundry: Laundry Room / Laundry Tub / Sink
Windows: Storm Windows
Main Level Bedrooms: 4
Main Level Baths: 3
Total Rooms: 9
Furnished: Unfurnished

Exterior Features

Construction: Concrete / Stucco
Roof: Metal
Exterior Features: Outdoor Living Area / Other / Storage / Room For Pool
Patio & Porch: Covered / Patio / Porch
Lot Features: None
Waterfront: Yes
Waterfront Features: None / Pond
View: Pond

Community & HOA

Utilities: Electricity Connected
Pets Allowed: No Pet Restrictions / Yes
Financing Terms: Cash / Conventional
Restrictions: No Restrictions / Ok To Lease
MLS Area: 6100 - Palm City West/Indiantown

Schools

Elementary School: Crystal Lake (Martin)
Middle School: Dr. David L. Anderson
High School: South Fork

About the Community

Palm City Farms

View Community Details →

Palm City Farms is a luxury community in Palm City, Martin County, Florida. Properties are priced from $950,000 to $7,000,000. Pure Equity lists homes in Palm City Farms and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Homes for Sale: 18
Under Contract: 2
Median List Price: $1,386,500
Median Sale Price (October): $950,000
Median $/Sq Ft: $604
Avg Days on Market: 165

View all 18 homes for sale in Palm City Farms →

Frequently Asked Questions

How do I schedule a tour of 5002 SW Markel Street, Palm City, FL 34990?: Use the Tour button on this listing to request a showing of 5002 SW Markel Street, Palm City, FL 34990. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 5002 SW Markel Street, Palm City, FL 34990 still available?: 5002 SW Markel Street, Palm City, FL 34990 is currently listed as Under Contract, and has been on the market 4 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 5002 SW Markel Street, Palm City, FL 34990?: With 20% down ($279,980) on the $1,399,900 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5002 SW Markel Street, Palm City, FL 34990 is about $7,357/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 5002 SW Markel Street, Palm City, FL 34990?: Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5002 SW Markel Street, Palm City, FL 34990. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
What schools serve 5002 SW Markel Street, Palm City, FL 34990?: 5002 SW Markel Street, Palm City, FL 34990 is zoned for Crystal Lake (Martin) (elementary), Dr. David L. Anderson (middle), South Fork (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 5002 SW Markel Street, Palm City, FL 34990?: Often, yes. The right offer on 5002 SW Markel Street, Palm City, FL 34990 depends on how it's priced against comparable single family sales in Palm City, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Serhant

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated November 15, 2026.

$1,399,900

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Listed by Blake D Baltos PA, Serhant

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Recently sold homes in Palm City Farms

These are the last 6 recorded closings in Palm City Farms, with the price each home actually sold for rather than what it was listed at. They closed at a median of $431 per square foot. The most recent closed on November 12, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.