$3,495,000
$630K PRICE DROP

166 SW Palm Cove Dr Palm City, FL 34990

Estimated payment $22,182/month

Total Views 3,712
4 Beds
6 Baths
4,818 Sq Ft
$725 Price per Sq Ft

Highlights

  • Marina
  • Boat Dock
  • River Access
  • Bessey Creek Elementary School Rated A-
  • Golf Course Community
  • Boat Ramp

About This Home

PRICE IMPROVEMENT – LUXURY WATERFRONT ESTATE - This custom-built estate in Palm Cove Golf & Yacht Club offers breathtaking mile-long river views from nearly every room. A grand entrance leads to expansive living and dining spaces with soaring ceilings and stone floors. The private primary suite is a serene retreat, while a second-level suite boasts a wet bar, dual walk-ins, and balcony. The gourmet kitchen flows into casual dining and gathering areas, all overlooking the resort-style pool, spa and outdoor kitchen. Enjoy a private dock for a 41’ boat with a 24k lb lift. Exclusive community amenities include a private golf course, marina, clubhouse, fitness center, heated lap pool and tennis courts.
Now at an even more attractive price—don’t miss this rare opportunity!

Listing Agent

Gretchen Queen

ONE Sotheby's International Re Brokerage Phone: 772-486-8188 License #3527582

ONE Sotheby's International Re

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,776

Year Built

  • Built in 2005

Lot Details

  • 0.38 Acre Lot
  • Waterfront
  • South Facing Home
  • Sprinkler System

HOA Fees

  • $648 Monthly HOA Fees

Property Views

  • River
  • Lake
  • Golf Course

Home Design

  • Barrel Roof Shape
  • Metal Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 4,818 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • French Doors
  • Formal Dining Room
  • Carpet

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Upstairs
  • Double Master Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • River Access
  • Rip-Rap
  • Boat Ramp
  • Balcony
  • Covered patio or porch
  • Exterior Lighting
  • Outdoor Grill

Schools

  • Bessey Creek Elementary School
  • Hidden Oaks Middle School
  • Martin County High School

Utilities

  • Central Heating and Cooling System
  • Water Purifier
  • Cable TV Available

Community Details

Overview

  • Association fees include management, common areas, recreation facilities, reserve fund, security, taxes
  • Association Phone (772) 463-1829
  • Property Manager

Amenities

  • Clubhouse
  • Community Kitchen
  • Community Library

Recreation

  • Boat Dock
  • Community Boat Facilities
  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,776

Year Built

Built in 2005

Lot Details

0

HOA Fees

$648 per month

Listing Details

  • Directions: From I-95 take Palm City exit (High Meadows). Right on Martin Downs Blvd. Left on Matheson to Mapp Rd. Right on Palm Cove Drive through Guard Gate. List agent will provide gate code for Riverfront gate access.
  • Garage Yn: Yes
  • Lot Size Acres: 0.383
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 2
  • Subdivision Name: Palm Cove Golf&Yacht Club Ph19
  • Year Built: 2005
  • Year Built Details: Resale
  • Ownership: Fee Simple
  • Attribution Contact: 772-486-8188
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Built-In Oven, Dryer, Dishwasher, Freezer, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Water Purifier, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Other
  • Furnished: Unfurnished
  • Interior Amenities: Wet Bar, Built-in Features, Bathtub, Cathedral Ceiling(s), Separate/Formal Dining Room, Dual Sinks, Eat-in Kitchen, French Door(s)/Atrium Door(s), Fireplace, Jetted Tub, Kitchen Island, Primary Downstairs, Living/Dining Room, Multiple Primary Suites, Pantry, Split Bedrooms, Separate Shower, Upper Level Primary, Walk-In Closet(s), Central Vacuum
  • Living Area: 4818.0
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Stories: 2
  • Window Features: Impact Glass
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Block, Concrete
  • Direction Faces: South
  • Disclosures: Deed Restriction, Owner Is Listing Agent
  • Exterior Features: Balcony, Sprinkler/Irrigation, Lighting, Outdoor Grill, Patio
  • Lot Features: Sprinklers Automatic
  • Patio And Porch Features: Balcony, Covered, Patio
  • Pool Features: Heated, In Ground, Community
  • Pool Private: Yes
  • Property Condition: Resale
  • Roof: Barrel, Metal
  • View: Golf Course, Lake, River
  • View: Yes
  • Waterfront Features: River Access, Riprap, Boat Ramp/Lift Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Security: Gated with Guard, Gated Community, Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Sewer Connected, Trash Collection, Water Available, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 648.06
  • Phone: 772-463-1829
  • Association: Yes
  • Community Features: Basketball Court, Boat Facilities, Clubhouse, Dock, Fitness Center, Golf, Gated, Kitchen Facilities, Library, Marina, Playground, Property Manager On-Site, Pool, Street Lights, Tennis Court(s), Trails/Paths
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Recreation Facilities, Reserve Fund, Security, Taxes

Schools

  • Elementary School: Bessey Creek
  • High School: Martin County
  • Middle Or Junior School: Hidden Oaks

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 24775.95
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $25,423 $1,584,623 -- --
2023 $25,423 $1,538,469 $0 $0
2022 $24,580 $1,493,660 $852,800 $640,860
2021 $22,504 $1,318,620 $0 $0
2020 $22,302 $1,300,415 $0 $0
2019 $22,062 $1,271,179 $0 $0
2018 $21,521 $1,247,478 $0 $0
2017 $19,951 $1,221,820 $0 $0
2016 $19,969 $1,196,689 $0 $0
2015 -- $1,188,370 $700,000 $488,370
2014 -- $1,195,440 $700,000 $495,440
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2025 03/05/25 Price Changed $3,495,000 -9.8% $725 / Sq Ft
02/11/2025 02/11/25 Price Changed $3,875,000 -6.1% $804 / Sq Ft
01/21/2025 01/21/25 For Sale $4,125,000 +117.2% $856 / Sq Ft
05/14/2021 05/14/21 Sold $1,899,000 0.0% $419 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
03/09/2021 03/09/21 For Sale $1,899,000 -- $419 / Sq Ft
Source: Martin County REALTORS® of the Treasure Coast

Deed History

Date Type Sale Price Title Company
Warranty Deed $1,899,000 Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- None Available
Special Warranty Deed $675,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 Credit Line Revolving
Open $1,519,200 New Conventional
Source: Public Records

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Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20048457

Martin County REALTORS® of the Treasure Coast

APN: 06-38-41-019-000-00080-0