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5205 SW Honey Terrace, Palm City, FL 34990
Sold
124 Days on Market
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$3,850,000

Sold · May 7, 2026

5205 SW Honey Terrace

Palm City, FL 34990

Palm City Farms

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

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.

5
Bedrooms
5
Bathrooms
6,334
Living Sq Ft
1988
Year Built

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 link

General 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

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
View all 13 homes for sale in Palm City Farms →
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.

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Listed by Christine V Genzano, RE/MAX Services

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