5002 SW Markel Street, Palm City, FL 34990 (MLS# B26094372)

5002 SW Markel Street, Palm City, FL 34990

New Listing
$1,399,900
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 8,057 Status: Active
Current Price: $1,399,900 List Date: 10/30/2026 Last Modified: 10/30/2026

Overview

Description

Set behind a gated entrance on nearly five acres in desirable Palm City Farms, this exceptional property offers a rare combination of privacy, versatility, and refined country living. Fully fenced grounds, majestic mature oak trees, and a picturesque pond create a peaceful setting with room to enjoy the outdoors. CBS construction, metal roof and impact windows offer peace of mind. Thoughtfully designed with dual primary suites, split floor-plan, elevated ceilings and timeless finishes. Don't miss the impressive 2,400 square foot CBS detached workshop, an outstanding opportunity for business owners, automotive enthusiasts, or those seeking generous space for equipment and recreational vehicles. Ideally situated in sought after Palm City, A-rated schools and close to shops & dining.

Listing Details MLS# B26094372

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
4
Bathrooms Total
3
Bathrooms Full
3
Building Area Main
8057
Building Area Source
Public Records
Living Area Main
3725
Living Area Source
Public Records
Accessibility Features YN
No
Year Built
2007
Garage YN
Yes
Attached Garage YN
Yes
Garage Spaces
8
Covered Spaces
8
Parking Total
12
Gated Community YN
No
Lot Size Area
216058
Lot Size Acres
4.96
Senior Community YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
Yes
Stories
Yes
Direction Faces
North
Fireplace YN
No
Pool Private YN
No
Furnished
Unfurnished
Year Roof Installed
2007

Property Features

Dining Area: Breakfast Area; Formal Dining; Snack Bar/Counter Exterior Features: Storage; Other Flooring: Tile; Wood Foundation Details: Slab Parking Features: RV Access/Parking; Attached Garage; Garage Property Condition: Resale Special Listing Conditions: Standard Appliances: Dishwasher; Microwave; Oven; Refrigerator; Water Heater; Water Softener; Cooktop Water Heater Details: Electric Water Heater Water Softener Details: Water Softener Owned Construction Materials: Concrete Block - With Stucco Cooling: Central Air Fencing: Full Heating: Electric Interior Features: Bedroom Layout - Split; French Doors; High Ceilings; Kitchen Island Laundry Features: Laundry Room; Sink Listing Terms: Cash; Conventional Lot Features: Room for Pool Other Structures: Garage(s); Outbuilding; RV/Boat Storage Pets Allowed YN: Yes Pets Allowed: No Restrictions Possession: Close Of Escrow Restrictions: No Restrictions Road Frontage Type: West of US-1 Road Responsibility: Public Maintained Road Roof: Metal Sewer: Septic Tank Sprinkler Description: None Structure Type: House Tax Information: Agricultural Exemption; Homestead Exemption Utilities: Electricity Connected Water Access: None Water Source: Well Water View: Pond Waterfront Features: Pond Window Features: Storm Window(s) Showing Requirements: 24 Hour Notice; Schedule Online Outdoor Living Spaces: Patio; Porch Patio Details: Patio - Covered Porch Details: Porch - Open Acreage Description: 4 To Less Than 5 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
1399900
Negotiable Seller Concessions YN
Yes
Listing Service
Full Service
Seller Represented YN
Yes

Location and Legal

Country
United States
County Or Parish
Martin
Street Number
5002
Street Direction Prefix
SW
Street Name
Markel
Street Suffix
Street
Municipality Type
Unincorporated
State Or Province
FL
Postal Code
34990
Subdivision Name
Palm City Farms
Area
6100 - Palm City West/Indiantown
Geographic Area
MRTC - Martin County
Elementary School
Crystal Lake (Martin)
Middle Or Junior School
Dr. David L. Anderson
High School
South Fork
Special Assessment YN
No
Parcel Number
033940000002000004
Zoning
A-2
Flood Zone
X

Financial Information

Master Association YN
No
Membership Fee Required YN
No
Tax Annual Amount
6553.21
Tax Year
2025
Tax Legal Description
THE WESTERLY ONE HALF OF TRACT 2 SEC 3-39-40 PALM CITY FARMS ACCORDING TO THE PLAT THEREOF RECORDED IN PLAT BOOK 6 PAGE 42 PUBLIC RECORDS PA

Status Change Information

Major Change Timestamp
2026-10-30T04:05:36Z
Major Change Type
New Listing
Status Change Date
2026-10-30

More Information

Leasing Permitted Details

Leasing Permitted YN
Yes

Boat and Dock Information

Dock
No

Main Level Rooms

Main Level Bathrooms
3
Main Level Bedrooms
4

Other Area Details

Building Area Other Structures
2400
Adjusted Area Other Structures
196

Pet Details

Pet Fee YN
No

Storm Protection

Impact Glass
Complete

Price Calculations

Current Price To SqFt
375.81

Originating Details

Originating System Key
20261029035542570272000000
Originating System ID
M00000170

Room Information

Room Name Length Width
Kitchen 1610.00 14.00
Living Room 154.00 143.00
Master Bedroom 188.00 166.00
Bedroom 2 1110.00 135.00
Bedroom 3 116.00 1210.00
Bedroom 4 135.00 147.00
Family Room 14.00 19.00
Dining Room 109.00 1010.00
Media Room 106.00 109.00
IDX
Listing Office: Serhant
Source MLS Verified
Last Updated: October - 30 - 2026
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