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5556 SW Honey Terrace, Palm City, FL 34990 (MLS# R10816641)

5556 SW Honey Terrace, Palm City, FL 34990

$1,400,000
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 4,914 Status: Closed
Current Price: $1,400,000 List Date: 7/14/2022 Last Modified: 5/20/2026

Overview

Description

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

Supplements: he 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. 3.8 Acres are currently Agriculturally Classified.

Listing Details MLS# R10816641

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
4
Bathrooms Total
3
Bathrooms Full
3
Building Area Main
4914
Building Area Source
Public Records
Living Area Main
3076
Year Built
1999
Garage YN
Yes
Garage Spaces
2
Carport YN
Yes
Carport Spaces
3
Covered Spaces
5
Gated Community YN
No
Lot Size Area
217800
Lot Size Acres
5
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories Total
2
Stories
2
Direction Faces
North
Fireplace YN
Yes
Pool Private YN
Yes
Equestrian Features YN
Yes
Furnished
Unfurnished

Property Features

Electric: Three Phase Equestrian Features: Riding Trail Flooring: Laminate Parking Features: Garage Property Condition: Resale Appliances: Dishwasher; Refrigerator; Washer Construction Materials: CBS Cooling: Central Air Association Type: Homeowner Association Heating: Central Listing Terms: Cash; Conventional; FHA Pets Allowed YN: Yes Possession: Close Of Escrow; Negotiable Restrictions: No Restrictions Road Surface Type: Paved Tax Information: County Only Water Access: None Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Text Listing Agent Outdoor Living Spaces: Patio Contingencies: Kickout; Sale of Other Property Room Types: Kitchen; Living Room; Master Bedroom Acreage Description: 5 To Less Than 10 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
1600000

Location and Legal

County Or Parish
Martin
County Parish Name
Martin
Street Number
5556
Street Direction Prefix
SW
Street Name
Honey
Street Suffix
Terrace
City Name
Palm City
State Or Province
FL
Postal Code
34990
Postal Zip
34990
Subdivision Name
PALM CITY FARMS
Area
6100 - Palm City West/Indiantown
Geographic Area
MRTC - Martin County
Special Assessment YN
No
Parcel Number
223840000054000000
Zoning
A-2
Directions
CITRUS BLVD TO SUNSHINE FARMS WAY TO SUNDOWN LANE TO HONEY

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
8
Association Fee Frequency
Monthly
Association Membership
Mandatory
Membership Fee Required YN
No
Tax Annual Amount
10075.8
Tax Year
2021
Tax Legal Description
22-38-40 PALM CITY FARMS E 1/2 OF TRACT 54 (LESS R/W)

Status Change Information

Major Change Timestamp
2022-11-28T14:34:04Z
Major Change Type
Status Change
Price Change Timestamp
2022-08-15T13:51:31Z
Status Change Date
2022-11-28
Under Contract Date
2022-08-31
Close Date
2022-11-28
Close Price
1400000
Buyer Financing
Cash

More Information

Short Sale Details

Short Sale Addendum
No

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
3

Storm Protection

Impact Glass
Complete

Buyer Details

Intended Use
Primary Residence

Concessions

Seller Concessions
No

Contributions

Buyer Contributions
No

Room Types

Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Main
Kitchen
Yes
Living Room
Yes
Master Bedroom
Yes

Price Calculations

Current Price To SqFt
455.13
Original List Price To Close Price
1.14

Originating Details

Originating System Key
20220714131840812298000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Application Fee Details

Application Fee
0

Electric

Three Phase
Yes

Equestrian Features

Riding Trail
Yes

Flooring

Laminate
Yes

Parking Features

Garage
Yes

Property Condition

Resale
Yes

Possession

Close Of Escrow
Yes
Negotiable
Yes

Heating

Central
Yes

Water Access

None
Yes

Appliances

Dishwasher
Yes
Refrigerator
Yes
Washer
Yes

Construction Materials

CBS
Yes

Listing Terms

Cash
Yes
Conventional
Yes
FHA
Yes

Road Surface Type

Paved
Yes

Cooling

Central Air
Yes

Association Type

Homeowner Association
Yes

Showing Requirements

24 Hour Notice
Yes
Appointment Only
Yes
Call Listing Agent
Yes
Text Listing Agent
Yes

Master Bedroom/Bath

Dual Sinks
Yes

Pets Allowed YN

Yes
Yes

Restrictions

No Restrictions
Yes

Tax Information

County Only
Yes

Outdoor Living Spaces

Patio
Yes

Contingencies

Kickout
Yes
Sale of Other Property
Yes

Acreage Description

5 To Less Than 10 Acre Lot
Yes

Room Information

Room Name Length Width Level
Living Room 0.00 0.00 Main
Kitchen 0.00 0.00 Main
Master Bedroom 0.00 0.00 Main
Listing Office: RE/MAX of Stuart
IDX
Last Updated: May - 20 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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