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Off market
  • $1,507,500

    5556 SW Honey Ter, Palm City, FL 34990

    4beds
    3,076sqft
    SingleFamily
    Built in 1999
    4.8 Acres Lot
    $1,507,500 Zestimate®
    $490/sqft
    $5,854 Estimated rent

    Home value

    $1,507,500

    $1.40M - $1.63M

    $5,854/mo

    Zestimate® history
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    What's special

    Well-appointed Equestrian Home in the family friendly community of Sunshine Farms. Custom built, CBS Construction, Pool Home with 4 Bedrooms, 2 Offices, 3 Full Bathrooms and 2 Car Garage. 3,076SF under Air - 4,914SF under roof. Main Bedroom Suite has its own "wing" of the home with dual walk-in closets, oversized bathroom with separate Whirlpool soaking tub and walk-in shower, French doors lead out to the Pool/Spa area. Main living area has lofty ceilings and an inviting fireplace. Second Story Loft Living Area has a mini bar and privacy curtains to the downstairs. Heated Pool/Spa with Coral paver deck and extended entertaining area. Hand Carved Mahogany Double Entry Doors. New Roof 2020. Both A/C's New 2016. Impact windows. Automatic, Electric, Double Gated Main Entrance to the property. Approx. 70 x 160 Riding Arena, 3 Stall (possible 5 stall) Horse Barn with Feed Room, Air-Conditioned Tack Room with separate Laundry Room. Approx. 36 x 24 RV/Trailer Parking Pole Barn.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Other, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Microwave, Refrigerator
    Features
    • Flooring: Tile, Carpet
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 3,076 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    Features
    • Exterior features: Stucco
    • Has spa: Yes
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 4.8 Acres
    Details
    • Parcel number: 223840000054000000

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Wood
    • Roof: Other
    Condition
    • Year built: 1999

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $5 monthly
    Location
    • Region: Palm City

    Financial & listing details

    • Price per square foot: $490/sqft
    • Tax assessed value: $1,142,180
    • Annual tax amount: $15,188

    Price history

    DateEventPrice
    11/28/2022Sold$1,400,000-6.7%$455/sqft
    Source: BeachesMLS #R10816641 Report a problem
    8/31/2022Pending sale$1,499,999$488/sqft
    Source: BeachesMLS #RX-10816641 Report a problem
    8/31/2022Contingent$1,499,999$488/sqft
    Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20035187 Report a problem
    8/15/2022Price change$1,499,999-6.3%$488/sqft
    Source: BeachesMLS #RX-10816641 Report a problem
    7/13/2022Listed for sale$1,600,000+602.7%$520/sqft
    Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20035187 Report a problem
    4/10/2018Sold$227,700-42.4%$74/sqft
    Source: Public Record Report a problem
    12/1/2014Sold$395,000-1.3%$128/sqft
    Source: Public Record Report a problem
    10/7/2014Price change$400,000-3.6%$130/sqft
    Source: RLM Properties Inc #RX-10012505 Report a problem
    7/31/2014Price change$414,900-2.4%$135/sqft
    Source: RLM Properties Inc #RX-10012505 Report a problem
    7/11/2014Price change$424,900-6.6%$138/sqft
    Source: RLM Properties Inc #RX-10012505 Report a problem
    5/24/2014Price change$454,900-3.2%$148/sqft
    Source: RLM Properties Inc #RX-10012505 Report a problem
    4/9/2014Price change$469,900-1.1%$153/sqft
    Source: RLM Properties Inc #RX-10012505 Report a problem
    3/8/2014Price change$474,900-5%$154/sqft
    Source: RLM Properties Inc #RX-10012505 Report a problem
    1/31/2014Listed for sale$499,900+38.8%$163/sqft
    Source: RLM Properties Inc #RX-10012505 Report a problem
    11/22/2013Sold$360,200-22.5%$117/sqft
    Source: Public Record Report a problem
    12/24/2010Listing removed$465,000$151/sqft
    Source: Keller Williams Rlty / Jupiter #R3152853 Report a problem
    11/10/2010Listed for sale$465,000-20.5%$151/sqft
    Source: Safe Harbour Realty of Jupiter. LLC. #R3152853 Report a problem
    11/18/2003Sold$585,000$190/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$15,188 -1%$975,227 +2.9%
    2024$15,342 +1.6%$947,743 +3%
    2023$15,099 +131.5%$920,139 +127.1%
    2022$6,523 -35.3%$405,094 +3.7%
    2021$10,076 +59.1%$390,741 +1.3%
    2020$6,333 +16%$385,541 -2.8%
    2019$5,458 $396,810 -17.8%
    2018$5,458 -32.5%$482,500 +2.1%
    2017$8,080 +21%$472,577 +2.1%
    2016$6,680 $462,857 +0.7%
    2015$6,680 $459,640 +18%
    2014$6,680 $389,390 -5.5%
    2013-- $412,140 -0.4%
    2012-- $413,950 -10.1%
    2011-- $460,310 -18.2%
    2010-- $562,930 +0.2%
    2009-- $561,806 +0.1%
    2008-- $561,434 +3%
    2007$8,249 -11.2%$545,080 +2.5%
    2006$9,289 $531,786 +3%
    2005-- $516,297 +31.2%
    2004$6,782 $393,499
    2003$6,782 +2%$393,499 +2.4%
    2002$6,651 +1.4%$384,276 +1.6%
    2001$6,560 $378,224
    Find assessor info on the county website

    Neighborhood: 34990

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,507,500
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    Estimated market value
    $1,507,500