Atlantic Luxury Advisors
Under contract. Ask us to watch it: if it comes back on the market, you hear first.
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46 photos

5023 Martin Commons

Palm City, FL 34990

$1,050,000
4
3
2,935 sq ft
206,474 sq ft
2018
3 car
Single Family Residence
$12/mo
Yes
143
Active Under Contract

Listing courtesy of RE/MAX of Stuart (Melissa Stallings). Contact: [email protected].

About this home

Custom-built in 2018, this Palm City estate offers exceptional privacy, refined indoor-outdoor living, and thoughtful upgrades in one of the area's most desirable communities. Features include impact glass throughout, chef-inspired kitchen with dual islands and premium appliances, heated saltwater pool and spa, screened patio, fire pit gathering area, expanded paver driveway, Tesla EV charger, and upgraded well and irrigation systems. The cleared homesite offers generous usable space for everyday living, entertaining, and recreation, while preserved natural surroundings provide a serene wooded backdrop, remarkable privacy, and peaceful views rarely found in South Florida. Luxury, function, and tranquility come together in this exceptional property.

What it costs to own
Estimated monthly payment
$7,328/mo
Principal and interest
$5,309
Property tax
$1,349
Homeowners insurance
$658
HOA
$12

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$16,189/yr

Estimate: the price times the Martin County average total millage (16.06 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
$12/mo (from the listing)
FEMA flood zone
Zone AE, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Not in a designated evacuation zone

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.