118 SW Palm Cove Drive, Palm City, FL 34990

$3,450,000

Virtual Tour

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Covered Patio w/ Waterfront View & Pool/Spa

Property Type: Residential Bedrooms: 3 Baths: 5 Square Footage: 6,891 Status: Active

Current Price: $3,450,000 List Date: 9/05/2026 Last Modified: 9/22/2026

Overview

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 w/ dual en-suite baths & 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 & closet, offering the option of a 4th bdrm. Addtl highlights include impact glass, accordion shutters, whole-house generator, 3 HVAC systems, built-in cabinetry, & abundant storage cl ... (Read more)

Listing Details MLS# M20056819

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 3
Bathrooms Total: 5
Bathrooms Full: 4
Bathrooms Half: Yes
Building Area Main: 6891
Building Area Source: Plans
Living Area Main: 5232
Year Built: 2004
Parking Total: 3
Lot Size Area: 17946.72
Lot Size Acres: 0.41
Senior Community YN: No
Guest House YN: No
Waterfront YN: Yes
Stories Total: 2
Direction Faces: South
Fireplace YN: Yes
Pool Private YN: Yes
Furnished: Furnished

Property Features

Association Fee Includes: Common Areas; Common Real Estate Tax; Reserve Funds; Security Electric: Generator Exterior Features: Barbecue Fireplace Features: Gas Flooring: Marble; Wood Property Condition: Resale Architectural Style: Traditional Construction Materials: Block; Concrete Cooling: Central Air; Zoned Association Type: Homeowner Association Heating: Electric; Zoned Listing Terms: Cash; Conventional Membership: Other Membership Available; Yacht Club Pets Allowed YN: Yes Pets Allowed: Number Limit; Size Limit Pool Features: Heated; Pool Sweep; Salt Water Possession: Close Of Escrow; Negotiable Restrictions: Parking - No Commercial Vehicles Roof: Barrel Security Features: Gated with Guard Sewer: Public Sewer Storm Protection Details: Clear Impact Glass Structure Type: House Tax Information: County Only Utilities: Sewer Available; Water Available Water Access: Ocean Access Water Source: Public Waterfront Features: Navigable Water; River Front; Seawall; Other Showing Requirements: Appointment Only; Call Listing Agent; Showing Service Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 3450000

Location and Legal

Country: United States
County Or Parish: Martin
County Parish Name: Martin
Street Number: 118
Street Direction Prefix: SW
Street Name: Palm Cove
Street Suffix: Drive
City Name: Palm City
State Or Province: FL
Postal Code: 34990
Postal Zip: 34990
Subdivision Name: Palm Cove PUD Ph 04 & 05
Development Name: Palm Cove PUD Ph 04 & 05
Area: 6090 - Palm City
Geographic Area: MRTC - Martin County
Elementary School: Bessey Creek
Middle Or Junior School: Hidden Oaks
High School: Martin County
Parcel Number: 063841016005000501
Directions: Take Mapp rd to the gate house of Palm Cove.

Financial Information

Association YN: Yes
Association Deposit YN: No
Association Fee: 639.25
Association Fee Frequency: Monthly
Association Membership: Mandatory
Estimated Monthly Assoc Recurring Fee: 640
Membership Fee Required YN: No
Tax Annual Amount: 23774
Tax Year: 2025
Tax Legal Description: CUTTER SOUND PUD PHASES 4 & 5 LOT 5 PHASE 5

Status Change Information

Major Change Timestamp: 2026-09-05T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-09-13

More Information

Member Equity

Membership Equity YN: No

Boat and Dock Information

Dock: Available

Co-Ownership

Property Management YN: Yes
Property Management Name: Coastal community
Property Management Phone: 772-463-1829

Originating Details

Originating System Key: 692237682
Originating System ID: M00000165

Amenities

Bike Storage: Yes
Boating: Yes
Cafe/Restaurant: Yes
Clubhouse: Yes
Community Room: Yes
Fitness Center: Yes
Golf Course: Yes
Jogging Path: Yes
Kitchen Facilities: Yes
Library: Yes
Manager On Site: Yes
Picnic Area: Yes
Playground: Yes
Pool: Yes
Putting Green: Yes
Sidewalks: Yes
Street Lights: Yes
Tennis Court(s): Yes

Association Fee Includes

Common Areas: Yes
Common Real Estate Tax: Yes
Reserve Funds: Yes
Security: Yes

Electric

Generator: Yes

Exterior Features

Barbecue: Yes

Fireplace Features

Gas: Yes

Flooring

Marble: Yes
Wood: Yes

Property Condition

Resale: Yes

Structure Type

House: Yes

Possession

Close Of Escrow: Yes
Negotiable: Yes

Sewer

Public Sewer: Yes

Utilities

Sewer Available: Yes
Water Available: Yes

Heating

Electric: Yes
Zoned: Yes

Water Access

Ocean Access: Yes

Construction Materials

Block: Yes
Concrete: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Pool Features

Heated: Yes
Pool Sweep: Yes
Salt Water: Yes

Roof

Barrel: Yes

Security Features

Gated with Guard: Yes

Water Source

Public: Yes

Waterfront Features

Navigable Water: Yes
River Front: Yes
Seawall: Yes
Other: Yes

Architectural Style

Traditional: Yes

Cooling

Central Air: Yes
Zoned: Yes

Association Type

Homeowner Association: Yes

Showing Requirements

Appointment Only: Yes
Call Listing Agent: Yes
Showing Service: Yes

Master Bedroom/Bath

Dual Sinks: Yes
Master Bdrm - Ground: Yes
Separate Shower: Yes
Separate Tub: Yes

Membership

Other Membership Available: Yes
Yacht Club: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

Number Limit: Yes
Size Limit: Yes

Restrictions

Parking - No Commercial Vehicles: Yes

Storm Protection Details

Clear Impact Glass: Yes

Tax Information

County Only: Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot: Yes

Room Information

Room Name	Length	Width	Level
Laundry	11.00	19.00	Main
Loft	17.00	13.00	Second
Living Room	23.00	20.00	Main
Family Room	32.00	31.00	Main
Kitchen	20.00	15.00	Main
Dining Room	18.00	14.00	Main
Master Bedroom	18.00	36.00	Main
Bedroom 2	19.00	13.00	Second
Bedroom 3	13.00	16.00	Second

Documents

Listing Office: Berkshire Hathaway Florida Realty

Last Updated: September - 22 - 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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118 SW Palm Cove Drive, Palm City, FL 34990 (MLS# M20056819)