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118 SW Palm Cove Drive
Palm City, FL 34990
FOR SALE · Active
$3,450,000
$501 / Sqft
3
Beds
5
Baths
6,891
Sqft
0.41
Acres
2004
Yr. Built
MLS# M20056819
Cumulative Days on Market: 36 · Includes prior listings · Currently listed since 09/13/26 · Data provided by the MLS.

Property Description

First time on the market, this impeccably maintained 5, 232-sq ft custom waterfront estate embodies timeless elegance in Palm Cove. Residents enjoy ocean-access from the marina, golf, tennis, fitness amenities, and an active social lifestyle. The 3 bedroom, 4½-bath residence features a first-floor owner’s suite with dual en-suite baths and 2 oversized walk-in closets, and two additional bedrooms and a private sitting room upstairs. A true chef’s kitchen is appointed with marble countertops, a granite island, premium gas range, two refrigerators, built-in microwave / coffee maker, 2 pantries, and stunning wine bar. The expansive dining room showcases a beautiful pecky cypress ceiling. River views are enjoyed from the LR, FR, kitchen, owner’s suite, pool and spa. The first-floor study includes a full bath and closet, offering the option of a 4th bdrm. Addtl highlights include impact glass, accordion shutters, whole-house generator, 3 HVAC systems, built-in cabinetry, and abundant storage closets.

Property Highlights

Property Type
Residential
Property Sub Type
Single Family Residence
Architectural Style
Traditional
Bedrooms
3
Total Bathrooms
5
Living Area
5,232
Price / Sqft
$659
Acres
0.41
Year Built
2004
Condition
Resale
Development Name
Palm Cove PUD Ph 04 & 05
Cumulative Days On Market
19

Location

Area
6090 - Palm City
City/Township
Palm City
Direction Faces
South
Waterfront
Yes
Development Name
Palm Cove PUD Ph 04 & 05
Subdivision
Palm Cove PUD Ph 04 & 05
County
Martin

Location

Complex Name
Palm Cove PUD Ph 04 & 05

Lake/Waterfront Information

Waterfront Features
Navigable Water, Ocean Access, Other, River Front, Seawall

Property Details

Price
$3,450,000
Condition
Resale
Property Type
Residential
Property Sub Type
Single Family Residence

Building

Structure Type
House
Stories
2
Total Area
6,891

Community

Community Features
Home Owners Association, Boat Facilities, Property Manager On Site, Street Lights

Local Schools

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

Interior Features

Bedrooms and Bathrooms

Total Bathrooms
5
Full Bathrooms
4
1/2 Bathrooms
1
Bedrooms
3

Rooms and Basement

Total Rooms
9

Area and Spaces

Living Area
5,232

Interior Features

Interior Features
Bathtub, Dual Sinks, Main Level Primary, Soaking Tub, Separate Shower
Flooring
Marble, Wood
Security Features
Gated With Guard
Electic
Generator
Fireplace Features
Gas

Heating and Cooling

Heating Features
Electric, Zoned
Has Fireplace
Yes

Building Details

Construction

Architectural Style
Traditional
Year Built
2004

Materials

Construction Materials
Block, Concrete
Roof
Barrel

Terms

Terms

Special Terms
Cash, Conventional
Cumulative Days On Market
19

Taxes

Tax

Tax (Annual)
$23,774

HOA

Has HOA
Yes
Association Fee
$639.25 /mo
Association Ammenities
Bike Storage, Boating, Clubhouse, Community Kitchen, Fitness Center, Golf Course, Library, Picnic Area, Playground, Pool, Putting Greens, Restaurant, Sidewalks, Tennis Courts, Trails, Boat Dock
Association Fee Includes
Common Areas, Reserve Fund, Security

Heating, Cooling & Utilities

Cooling Features
Central Air, Zoned

Utilities

Utilities
Sewer Available, Water Available
Sewer
Public Sewer
Water Source
Public

Lot

Acres
0.41
Lot Size
17,946.72
Lot Features
Quarter To Half Acre Lot

Exterior Features

Exterior Features
Barbecue

Parking

Total Parking Spaces
3

Pool Features

Has Private Pool
Yes
Pool Features
Heated, Pool Sweep, Salt Water, Association

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Property History

Today
Property information last updated
27 days ago
Status Active. This is the date the listing was placed on market.
Cumulative Days on Market: 36 days (includes prior listings) · Currently listed since September 13, 2026. Data provided by the MLS.

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