118 SW Palm Cove Drive, Palm City, FL 34990
$3,450,000 · For sale · 3 bd · 4.5 ba · 5,232 sqft · Single family
Listing courtesy of Berkshire Hathaway Florida Rea, terrikasnic@bhhsfloridarealty.com · MLS# M20056819
Listed Sep 4, 2026 · Updated Nov 12, 7:22 PM ET
3-bed, 4.5-bath 2-story house in Palm Cove PUD Ph 04 & 05 (Palm Cove Golf & Yacht Club), Palm City, FL, built 2004, 5,232 sq ft. Gated with a guard, not a 55+ community. HOA about $639 a month (includes Security, Common Areas, Common Real Estate Tax, Reserve Funds). Private pool, waterfront. Schools in the MLS listing: Bessey Creek (elementary), Hidden Oaks (middle), Martin County (high). On the market since Sep 4, 2026 (68 days).
About this home
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 closets.
Facts
- MLS#
- M20056819
- Status
- Active
- Days on market
- 68
- Price per sq ft
- $659
- Home type
- Single family
- Year built
- 2004
- Lot
- 0.41 ac
- HOA
- $639/mo
- Private pool
- Yes
- Waterfront
- Yes
- Taxes
- $23,774 (2025)
- Subdivision
- Palm Cove PUD Ph 04 & 05
Features
Interior
- Flooring
- Marble, Wood
- Cooling
- Central Air, Zoned
- Heating
- Electric, Zoned
Property
- Construction
- Block, Concrete
- Water
- Public
- Sewer
- Public Sewer
- Subdivision
- Palm Cove PUD Ph 04 & 05
Listing
- Listed
- September 5, 2026
- Financing accepted
- Cash, Conventional
- Pets
- Yes, Number Limit, Size Limit
The community
About Palm Cove Golf & Yacht Club, from the 13 homes for sale there (BeachesMLS, Nov 12, 7:22 PM ET): 13 of 13 are listed as not in a 55+ community; 13 of 13 mention a gated entry with a guard; HOA fees run $250 to $862 a month (median $740) and usually include common areas, security, cable tv, internet and reserve funds; listed amenities include clubhouse, pool, tennis court(s), manager on site, fitness center and community room; the median annual property tax on record is $5,915; homes were built from 2002 to 2005. See all 13 homes for sale in Palm Cove Golf & Yacht Club.
Tour this home
Brent Sharp, broker and owner of Sharp Real Estate Group LLC, can show you this home and tell you what it is likely worth before you offer. Call or text (772) 272-9571.
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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 BeachesMLS. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. Listing data updated Nov 12, 7:22 PM ET from BeachesMLS.