Sold for $1,200,000

$1,200,000

5002 SW Ranchito St, Palm City, FL 34990

3beds

2,433sqft

Single Family Residence

Built in 1990

4.9 Acres Lot

$1,233,500 Zestimate^®

$493/sqft

$5,217 Estimated rent

Home value

$1,233,500

$1.12M - $1.36M

$5,217/mo

Zestimate^® history

Owner options

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$5,217/mo

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$5,217/mo

Rent Zestimate^®

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$8,102/mo

Est. payment

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$8,102/mo

Est. payment

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What's special

Welcome to this newly renovated CBS pool home on 5 acres! This home is 2033 sq ft under air with a detached additional 400sq ft air conditioned rider's suite including a full bath in barn, barn includes 4 stalls, riding arena on site. You will love this open floor plan with vaulted ceilings, split floor plan, AC 2024, tankless gas water heaters 2024, luxury vinyl flooring, quartz countertops and new kitchen appliances including gas stove. Don't miss the opportunity to live the Equestrian lifestyle in the highly desirable area of Palm City Farms!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 3

Heating

Central

Cooling

Central Air

Appliances

Included: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer

Features

Dual Sinks, Kitchen Island, Split Bedrooms, Tub Shower

Interior area

Total structure area: 2,555
Total interior livable area: 2,433 sqft

Property

Parking

Parking features: Garage Door Opener
Has garage: Yes

Features

Levels: One
Stories: 1
Exterior features: Storm/Security Shutters
Has private pool: Yes
Pool features: In Ground

Lot

Size: 4.9 Acres

Details

Parcel number: 273840002000005002
Horse amenities: Other, Paddocks, Round Pen, Riding Ring, See Remarks, Tack Room

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Block, Concrete
Roof: Metal

Condition

Resale
Year built: 1990

Utilities & green energy

Electric: Generator Hookup
Sewer: Septic Tank
Water: Well
Utilities for property: Water Available, Water Connected

Community & HOA

Community

Features: Non-Gated
Subdivision: Palm City Farms 42

HOA

Has HOA: No
Services included: None

Location

Region: Palm City

Financial & listing details

Price per square foot: $493/sqft
Tax assessed value: $821,940
Annual tax amount: $4,971
Date on market: 5/22/2025
Cumulative days on market: 53 days
Listing terms: Cash,Conventional
Ownership: Fee Simple

Price history

Date	Event	Price
8/25/2025	Sold	$1,200,000-4%$493/sqft
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20050737 Report a problem
7/16/2025	Pending sale	$1,250,000$514/sqft
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20050737 Report a problem
7/5/2025	Price change	$1,250,000-2%$514/sqft
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20050737 Report a problem
5/24/2025	Listed for sale	$1,275,000+37.8%$524/sqft
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20050737 Report a problem
11/1/2024	Sold	$925,000-5.1%$380/sqft
Source: BeachesMLS #R11025112 Report a problem
10/25/2024	Pending sale	$975,000$401/sqft
Source: BeachesMLS #RX-11025112 Report a problem
10/18/2024	Price change	$975,000-2.4%$401/sqft
Source: BeachesMLS #RX-11025112 Report a problem
9/30/2024	Listed for sale	$999,000+101.8%$411/sqft
Source: BeachesMLS #RX-11025112 Report a problem
10/23/2018	Sold	$495,000$203/sqft
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20013810 Report a problem
9/19/2018	Listed for sale	$495,000+93.4%$203/sqft
Source: Berkshire Hathaway Florida Realty #M20013810 Report a problem
11/7/2012	Sold	$256,000+46.2%$105/sqft
Source: Public Record Report a problem
3/28/2012	Sold	$175,100-30%$72/sqft
Source: Public Record Report a problem
7/1/2002	Sold	$250,000$103/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$12,769 +156.9%	$821,940 +166%
2024	$4,971 +1.8%	$309,014 +4%
2023	$4,882 +16.7%	$297,070 +12.2%
2022	$4,182 +1.8%	$264,871 +4.2%
2021	$4,107 +4.8%	$254,190 +2.8%
2020	$3,918 -10.8%	$247,240 -8.9%
2019	$4,393	$271,392 +107.3%
2018	$4,393 +130.9%	$130,921 +2.1%
2017	$1,902 -19.6%	$128,264 +2.1%
2016	$2,367	$125,681 -25%
2015	$2,367	$167,538 +0.8%
2014	$2,367 +13.2%	$166,213 +20.5%
2002	$2,090 +1.6%	$137,884 +1.6%
2001	$2,056 +3.1%	$135,713 +3%
2000	$1,995 +3.7%	$131,760 +2.7%
1999	$1,923	$128,296