DRASTIC PRICE ADJUSTMENT... Elegant Equestrian Estate nestled amongst 20 Acres of meticulously kept Paddocks, Riding arenas, Riding ring, and an 8 Stall Stallion center isle Barn complete with Grooms quarters with Washer and Dryer, Tack room, Feed room, Bathing Area, Water and Electric. The Mediterranean style Home offers an array of enhanced features which include a grand entry that sets the tone for the impressiveness within. The spacious living and dining area includes a spectacular stone fireplace that sets the tone for a wonderful evening. A gourmet kitchen which caters to your culinary desires includes a walk in Cooler, Large Copper Hood, Gas Range top, Wall Ovens and much more. The main Bedroom offers a wet Bar an expansive sitting area and a luxurious en-suite. As you enter th
Property Details
Property Features
Property Information:
Architectural Style: < 4 Floors, Mediterranean
Year Built: 1988
Stories: 1
Living Area: 6,334 SqFt
Listing Office:
Office Name: RE/MAX Services
Office Phone: (561) 912-3500
Listing Agent: Christine V Genzano
Interior Features
Interior Information:
Appliances: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Whole Home Generator, Ice Maker, Microwave, Gas Range, Refrigerator, Washer, Electric Water Heater
Flooring Type: Carpet, Tile, Wood Floor
Interior: Bar, Built-in Shelves, Ctdrl/Vault Ceilings, Entry Lvl Lvng Area, Fireplace(s), Foyer, French Door, Kitchen Island, Laundry Tub, Pantry, Pull Down Stairs, Roman Tub, Sky Light(s), Split Bedroom, Volume Ceiling, Walk-in Closet, Wet Bar
Fireplace: Fireplace(s)
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 4
Total Bedroom Count: 5
Exterior Features
Exterior Information:
Private Pool: Yes
Waterfront: Lake Front
View: Lake
Exterior: Auto Sprinkler, Built-in Grill, Custom Lighting, Extra Building, Fence, Lake/Canal Sprinkler, Open Patio, Summer Kitchen, Utility Barn
Parking Information:
Garage Space: 3 spaces
Attached Garage: Yes
Parking: 2+ Spaces, Garage - Attached
Utilities
Utilities Information:
Heating: Central
Cooling: Ceiling Fan(s), Central Air
Other
Directions Information:
Directions: Martin Hwy to left on Citrus Blvd to right on Sunshine Farms Way to left on SW Sundown Lane to property on left.
Price Information
Listing Price Info
Price Summary:
List Price: $5,500,000
Price Per SqFt: $868/SqFt
Tax Information:
Annual Amount: $19,452
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Palm City, FL.
This property is $4.8M more than the Median Sold Price and $576/SqFt more than other homes in Palm City, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #RX-10936376
Listing Office:
Office Name: RE/MAX Services
Office Phone: (561) 912-3500
Listing Agent: Christine V Genzano
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.
This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/21/2024, 3:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jun 19, 2003
Jun 19, 2003Home Sold
$1,350,000
Oct 21, 1998
Oct 21, 1998Home Sold
$875,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$19,452
$1,109,940
2019
$17,006
$989,749
2017
$13,965
$808,710
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$27.5K
Per Month
Principal & Interest
$27.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$16.5K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Citrus Grove Elementary School
2527 SW Citrus Blvd
Distance between this listing and this school1.69 miles
Public District Grades PK-5
9
/10
Palm City Elementary School
1951 SW 34th St
Distance between this listing and this school2.85 miles
Public District Grades PK-5
9
/10
Bessey Creek Elementary School
2201 SW Matheson Ave
Distance between this listing and this school3.53 miles
Public District Grades PK-5
Nearby Schools
7
/10
Hidden Oaks Middle School
2801 SW Martin Hwy
Distance between this listing and this school2.17 miles
Public District Grades 6-8
6
/10
Somerset Academy St. Lucie
4402 SW Yamada Dr
Distance between this listing and this school5.27 miles
Public Charter Grades KG-8
4
/10
Dr. David L. Anderson Middle School
7000 SE Atlantic Ridge Dr
Distance between this listing and this school5.67 miles
Public District Grades 6-8
Nearby Schools
5
/10
Martin County High School
2801 S Kanner Hwy
Distance between this listing and this school4.76 miles
Public District Grades 9-12
1
/10
Willoughby Learning Center
5150 SE Willoughby Blvd
Distance between this listing and this school5.70 miles
Public District Grades PK-12
1
/10
Spectrum Academy
800 SE Bahama Ave
Distance between this listing and this school5.77 miles
The neighbors living near this home have an average income of $72,690. Most Palm City, FL residents have annual incomes between $35k-100k. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5205 SW Honey Ter
What is the listing price of this property?
The listing price of 5205 SW Honey Ter property is $5,500,000.
What type of property is this?
The property 5205 SW Honey Ter is a house located in Palm City, Florida, 34990.
Is this property for sale now?
Active Listing: 5205 SW Honey Ter is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $19,452 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 19, 2003 for $1,350,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 5205 SW Honey Ter has 5 bedrooms and 4 full and 1 half bathrooms.
What is the square footage of this property?
The property 5205 SW Honey Ter is 6,334 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 5205 SW Honey Ter is 1988.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 5205 SW Honey Ter in Palm City, FL and zip code 34990. This 6,334 square foot home was built in 1988. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 15, 2023 and is currently priced at $5,500,000.
In October 2024, from all listings sold in Palm City, FL there were more than 0 sold above asking price, over 21 sold below and more than 3 were sold right at the asked price. Between September 2024 and October 2024, Palm City, FL real estate market has seen increase in the number of listings by 3.8%. While the average time on the market in October 2024 was 62 days, the median list price was $698,333.
From Rocket Homes Real Estate and based on county public records data.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc. 
Hunting
Hunting
PGA/LPGA
Pro Wrestling
Dillards
Dick's Sporting Goods
Wal-Mart
Cracker Barrel
Texas Roadhouse
Hardee's
Cadillac
Subaru
Ram
News/Talk/Information
New Country
Classic Country