Sold for $715,000

$715,000

5522 SW Ranchito St, Palm City, FL 34990

2beds

832sqft

Single Family Residence

Built in 1975

5 Acres Lot

$712,000 Zestimate^®

$859/sqft

$2,005 Estimated rent

Home value

$712,000

$634,000 - $805,000

$2,005/mo

Zestimate^® history

Owner options

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$2,005/mo

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$2,005/mo

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$4,822/mo

Est. payment

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$4,822/mo

Est. payment

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What's special

Beautiful pondMature treesFeed roomFarmhouse sinkWood and wire fencingBarn doors

Palm City Farms! Located on one of the best (and paved!) streets, this 5-acre fully fenced hobby farm is ready for your horses, goats, chickens, and more. The property boasts a beautiful pond and mature trees, creating a peaceful, shaded retreat perfect for country living. The charming 2-bedroom, 1-bath farmhouse is full of character, featuring barn doors, a farmhouse sink, and all the comforts of home. Outside, you'll find a barn with water & electric, 4 large stalls, feed room and 10 x 16 steel shed. The property is fenced with wood and wire fencing, offering endless possibilities for equestrian, livestock, or storage. Want to build your dream home? You can live in the cottage while you build or simply enjoy the property as it is—a turnkey hobby farm ready for your animals and agricultural dreams. Experience the best of country living with the convenience of town, shopping, and top-rated schools just minutes away.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Bedroom 1

Level: Main
Dimensions: 14 x 15

Bedroom 2

Level: Main
Dimensions: 12 x 12

Kitchen

Level: Main
Dimensions: 12 x 14

Living room

Level: Main
Dimensions: 14 x 18

Heating

Central

Cooling

Central Air

Appliances

Included: Dryer, Electric Range, Washer

Features

Flooring: Tile

Interior area

Total structure area: 832
Total interior livable area: 832 sqft

Property

Features

Stories: 1
Patio & porch: Covered, Patio
Exterior features: Fence, Patio, Room For Pool, Shed
Has view: Yes
View description: Pond
Has water view: Yes
Water view: Pond
Waterfront features: Pond

Lot

Size: 5 Acres
Dimensions: 330 x 660
Features: Trees

Details

Additional structures: Outbuilding, Stable(s), Shed(s)
Parcel number: 273840002000005315
Special conditions: Listed As-Is
Horse amenities: Boarding Facilities, Hay Storage, Other, Paddocks, Barn

Construction

Type & style

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

Materials

Frame
Roof: Metal

Condition

Resale
Year built: 1975

Utilities & green energy

Electric: 110 Volts, 220 Volts
Utilities for property: Electricity Available, Electricity Connected, Water Available

Community & HOA

Community

Features: Non-Gated
Security: Fenced
Subdivision: Johns Composite Minor 01

HOA

Has HOA: No
Services included: None

Location

Region: Palm City

Financial & listing details

Price per square foot: $859/sqft
Tax assessed value: $547,080
Annual tax amount: $4,476
Date on market: 3/10/2025
Cumulative days on market: 5 days
Listing terms: Cash,Conventional
Ownership: Fee Simple
Electric utility on property: Yes

Price history

Date	Event	Price
3/31/2025	Sold	$715,000-4.7%$859/sqft
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20049583 Report a problem
3/19/2025	Pending sale	$750,000$901/sqft
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20049583 Report a problem
3/10/2025	Listed for sale	$750,000+177.8%$901/sqft
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20049583 Report a problem
3/9/2015	Sold	$270,000-32.5%$325/sqft
Source: Public Record Report a problem
3/8/2007	Sold	$400,000+158.1%$481/sqft
Source: Public Record Report a problem
3/26/2002	Sold	$155,000$186/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,451 -0.6%	$294,867 +2.9%
2024	$4,476 +2.2%	$286,557 +3%
2023	$4,381 +3.9%	$278,211 +3%
2022	$4,218 -0.1%	$270,108 +3%
2021	$4,221 +2.5%	$262,241 +1.4%
2020	$4,117 +4.3%	$258,621 +5%
2019	$3,948	$246,208 +1.9%
2018	$3,948 +2.6%	$241,617 +2.1%
2017	$3,847 +154.8%	$236,647 +2.1%
2016	$1,510	$231,780 +101.6%
2015	$1,510	$114,958 +0.8%
2014	$1,510	$114,045 +1.5%
2013	--	$112,359 +1.7%
2012	--	$110,481 +1.4%
2011	--	$108,947 +1.5%
2010	--	$107,337 +2.7%
2009	--	$104,512 +0.1%
2008	--	$104,410 -72.5%
2007	$3,802 +5.1%	$380,180 +181.3%
2006	$3,617	$135,155 +5.7%
2005	--	$127,888 +3.8%
2004	$1,808	$123,230
2003	$1,808	$123,230