$3,850,000
Sold · May 7, 2026
5205 SW Honey Terrace
Explore the area: Palm City homes for sale · Martin County real estate
Sale Summary
What this home sold for
- Sold price
- $3,850,000
- Vs. list price
- 27.4% under
- Days on market
- 124
- Price per sq ft
- $608
This 5-bedroom single-family home in Palm City Farms sold for $3,850,000 on May 7, 2026. That was 27.4% below its final list price of $5,300,000. It spent 124 days on the market. At $608 per square foot, it closed 28% above the $475 median of the 4 other single-family home sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $3,850,000
- Sold On
- May 7, 2026
- Days on Site
- 124 Days
- Bedrooms
- 5
- Total Baths
- 5
- Full Baths
- 4
- Partial Baths
- 1
- Living Area
- 6,334 sqft
- Total Sq Ft
- 7,906 sqft
- Year Built
- 1988
- Property Type
- Single Family
- MLS #
- R11146697
- Property Tax
- $22,927 (2023)
- Subdivision
- Palm City Farms
- County
- Martin
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
**Price Reduction**Elegant Equestrian Estate nestled among 20 acres of meticulously kept Paddocks, Riding Arena, Riding Ring and an 8 stall Stallion centriolar complete with grooms quarters', with washer, dryer, , Tack room, Feed Rm, Water and Electric. The Mediterranean home offers an array of enhanced features which include a grand entry that sets the tone for the impressiveness within. The spacious living, dining area include a specular stone fireplace that sets the tone for a wonderful evening. A Gourmet kitchen which caters to your culinary desires include a walk in cooler, large copper hood, Gas range top, Wall Oven and much more. The main bedroom offers an expansive sitting area with lake views. and a luxurious ensuite. As you enter the outdoor space you will find a Resort like pool, spa, and waterfall. This Estate offers unrivaled seclusion with a blend of quality and craftsmanship that surpasses the norm.
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Sold
- Year Built
- 1988
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- Multi Split / One
- Garage Spaces
- 3
- Attached Garage
- Yes
- Parking
- Attached / Garage
- Direction Faces
- South
- Living Sq Ft
- 6,334
- Total Sq Ft
- 7,906
- Sewer
- Septic Tank
- Water Source
- Well
- Zoning
- A-2
Interior Features
- Appliances
- Cooktop / Dryer / Dishwasher / Electric Water Heater / Free Standing Freezer / Disposal / Gas Range / Ice Maker / Microwave / Refrigerator / Water Heater / Washer
- Cooling
- Central Air / Ceiling Fans
- Heating
- Central
- Flooring
- Carpet / Wood
- Fireplace
- Yes
- Spa
- Yes
- Spa Features
- In Ground
- Interior Features
- Attic / Wet Bar / Breakfast Bar / Built In Features / Breakfast Area / Bathtub / Cathedral Ceilings / Dining Area / Separate Formal Dining Room / Dual Sinks / Entrance Foyer / Eat In Kitchen / Garden Tub Roman Tub / High Ceilings / Kitchen Island / Living Dining Room / Main Level Primary / Pantry / Pull Down Attic Stairs / Split Bedrooms / Soaking Tub
- Laundry
- Inside / Laundry Tub
- Windows
- Skylights
- Main Level Bedrooms
- 5
- Main Level Baths
- 4
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block
- Roof
- Flat
- Exterior Features
- Built In Barbecue / Barbecue / Lighting / Outdoor Kitchen / Outdoor Living Area
- Architectural Style
- Mediterranean
- Private Pool
- Yes
- Pool Features
- In Ground
- Patio & Porch
- Patio / Porch
- Lot Features
- Sprinklers Automatic / Sprinkler System
- Waterfront
- Yes
- Waterfront Features
- Lake Front
- View
- Lake
Community & HOA
- Community Features
- Equestrian Facilities
- Utilities
- Water Available
- Pets Allowed
- Yes
- Financing Terms
- Cash
- Restrictions
- Buyer Approval Required
- MLS Area
- 6100 - Palm City West/Indiantown
Schools
- Elementary School
- Citrus Grove (Martin)
- Middle School
- Hidden Oaks
- High School
- South Fork
About the Community
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
- 13
- Under Contract
- 2
- Median List Price
- $1,495,000
- Median Sale Price (September)
- $1,700,000
- Median $/Sq Ft
- $538
- Avg Days on Market
- 162
Frequently Asked Questions
- How do I schedule a tour of 5205 SW Honey Terrace, Palm City, FL 34990?
- Use the Tour button on this listing to request a showing of 5205 SW Honey Terrace, 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 5205 SW Honey Terrace, Palm City, FL 34990 still available?
- 5205 SW Honey Terrace, Palm City, FL 34990 is currently listed as Sold, and has been on the market 124 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 5205 SW Honey Terrace, Palm City, FL 34990?
- With 20% down ($1,060,000) on the $5,300,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5205 SW Honey Terrace, Palm City, FL 34990 is about $27,854/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 5205 SW Honey Terrace, Palm City, FL 34990?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5205 SW Honey Terrace, 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 5205 SW Honey Terrace, Palm City, FL 34990?
- 5205 SW Honey Terrace, Palm City, FL 34990 is zoned for Citrus Grove (Martin) (elementary), Hidden Oaks (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 5205 SW Honey Terrace, Palm City, FL 34990?
- Often, yes. The right offer on 5205 SW Honey Terrace, 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 RE/MAX Services
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 July 1, 2026.
$3,850,000
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Listed by Christine V Genzano, RE/MAX Services
Map & Location
Cities in Martin County
Zip Codes in Martin County
Property Types
Recent Sales
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 $519 per square foot. The most recent closed on September 25, 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.
Sold$1,000,000
Sold · September 25, 2026
6347 SW Travers Street
3 bed · 3 bath · 2,319 sqft · $431/sqft
$70,000 under the asking price
Sold$650,000
Sold · September 24, 2026
9935 SW Citrus
0 bed · 0 bath
$600,000 under the asking price
Sold$1,500,000
Sold · September 24, 2026
4496 SW 96th Street
0 bed · 0 bath
$1,000,000 under the asking price
Sold$2,400,000
Sold · September 1, 2026
4836 SW Savage Street
5 bed · 5.5 bath · 4,349 sqft · $552/sqft
$95,000 under the asking price
Sold$1,400,000
Sold · August 7, 2026
5041 SW Blue Sky Lane
4 bed · 3.5 bath · 3,360 sqft · $417/sqft
$190,000 under the asking price
Sold$1,200,000
Sold · July 23, 2026
5225 SW Ludlum Street
4 bed · 4 bath · 2,312 sqft · $519/sqft
$95,000 under the asking price
See every recorded sale in Palm City Farms or find out what your Palm City Farms home is worth.





