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72 Days on Market
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$735,000

Sold · October 6, 2025

5605 SW Gray Fox Drive

Palm City, FL 34990

HIGHLANDS RESERVE

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

What this home sold for

Sold price
$735,000
Vs. list price
8% under
Days on market
72
Price per sq ft
$220

This 4-bedroom single-family home in Highlands Reserve sold for $735,000 on October 6, 2025. That was 8% below its final list price of $799,000. It first came on the market at $935,000, so the price was adjusted before it sold. It spent 72 days on the market. At $220 per square foot, it closed 15.7% below the $261 median of the 6 other single-family home sales in the recent closings shown below.

4
Bedrooms
4
Bathrooms
3,346
Living Sq Ft
2006
Year Built

Listing Snapshot

Sold Price
$735,000
Sold On
October 6, 2025
Days on Site
72 Days
Bedrooms
4
Total Baths
4
Full Baths
4
Partial Baths
0
Living Area
3,346 sqft
Total Sq Ft
4,853 sqft
Lot Size
0.21 Acres
Year Built
2006
Property Type
Single Family
MLS #
R11098114
Property Tax
$7,304 (2024)
HOA Fees
$420 / Monthly
Subdivision
HIGHLANDS RESERVE
County
Martin
Status
Sold

About This Property

PRICED TO SELL! Former model POOL home on a premier cul-de-sac location! 4 BR 4 BA with office, formal living room, dining room, family room, plus BONUS loft area. Large gourmet kitchen with center island, 42'' cabinets, granite countertops, newer SS appliances and backsplash. Spacious primary BR retreat with TWO custom walk-in closets and a separate sitting room/office/gym or nursery. Step outdoors from your MBR suite to a delightful, covered balcony and enjoy morning coffee or an evening beverage. Resort-style backyard on the lake with an in-ground pool and covered paver patio area ideal for entertaining and family gatherings! Upgrades include Impact glass and doors, crown molding, new flooring upstirs, 2nd story CBS construction, fenced yard & 3-car garage. Low HOA includes gated entry, lawn/landscape, Cable & Internet, resort-style pool & clubhouse, gym, pickleball, tennis & BBQ area! Perfect location close to A+ rated schools, shops, dining, close to golf, marinas, I-95 & FL TPK.

Virtual Tour

General Features

Property Type
Single Family
Status
Sold
Year Built
2006
Property Condition
Resale
Number of Stories
2
Levels
Two
Garage Spaces
3
Attached Garage
Yes
Parking
Attached / Garage / Garage Door Opener
Direction Faces
South
Lot Size (Acres)
0.21
Living Sq Ft
3,346
Total Sq Ft
4,853
Zoning
Residential

Interior Features

Appliances
Dryer / Dishwasher / Electric Range / Microwave / Refrigerator / Washer
Cooling
Central Air / Electric
Heating
Central
Flooring
Ceramic Tile / Laminate
Interior Features
Built In Features / Closet Cabinetry / Dining Area / Separate Formal Dining Room / Entrance Foyer / Pantry / Upper Level Primary / Walk In Closets
Laundry
Inside
Main Level Bedrooms
0
Main Level Baths
1
Total Rooms
12
Furnished
Unfurnished

Exterior Features

Construction
Block
Roof
Barrel
Exterior Features
Lighting / Outdoor Living Area
Architectural Style
Mediterranean
Private Pool
Yes
Pool Features
Concrete / In Ground / Pool Equipment / Association
Patio & Porch
Covered / Patio
Lot Features
Cul De Sac / Sprinklers Automatic / Less Than Quarter Acre
Waterfront Features
None
View
Garden / Lake

Community & HOA

HOA Fee
$420 / Monthly
HOA Includes
Common Areas / Cable Tv / Recreation Facilities
Association Amenities
Clubhouse / Pool / Sidewalks / Tennis Courts / Trails
Community Features
Home Owners Association / Gated
Security
Gated Community / Smoke Detectors
Utilities
Cable Available
Pets Allowed
Number Limit / Yes
Financing Terms
Cash / Conventional / FHA / Va Loan
Restrictions
Other Restrictions
MLS Area
6090 - Palm City

Schools

Elementary School
Citrus Grove (Martin)
Middle School
Hidden Oaks
High School
Martin County

Highlands Reserve is a gated, waterfront community in Palm City, Martin County, Florida. Active listings are priced from $699,999 to $1,200,000. Homes were built between 2006 and 2012. Pure Equity lists homes in Highlands Reserve 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
9
Median List Price
$850,000
Median $/Sq Ft
$228
Avg Days on Market
79
View all 9 homes for sale in Highlands Reserve →
How do I schedule a tour of 5605 SW Gray Fox Drive, Palm City, FL 34990?
Use the Tour button on this listing to request a showing of 5605 SW Gray Fox Drive, 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 5605 SW Gray Fox Drive, Palm City, FL 34990 still available?
5605 SW Gray Fox Drive, Palm City, FL 34990 is currently listed as Sold, and has been on the market 72 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 5605 SW Gray Fox Drive, Palm City, FL 34990?
With 20% down ($159,800) on the $799,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5605 SW Gray Fox Drive, Palm City, FL 34990 is about $4,199/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 5605 SW Gray Fox Drive, Palm City, FL 34990?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5605 SW Gray Fox Drive, Palm City, FL 34990. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 5605 SW Gray Fox Drive, Palm City, FL 34990 have an HOA fee?
Yes: 5605 SW Gray Fox Drive, Palm City, FL 34990 carries an HOA fee of about $420 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 5605 SW Gray Fox Drive, Palm City, FL 34990?
5605 SW Gray Fox Drive, Palm City, FL 34990 is zoned for Citrus Grove (Martin) (elementary), Hidden Oaks (middle), Martin County (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 5605 SW Gray Fox Drive, Palm City, FL 34990?
Often, yes. The right offer on 5605 SW Gray Fox Drive, 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 of Stuart

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 Susan A. Maxwell, RE/MAX of Stuart

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