How much is 118 SW Palm Cove Drive?

118 SW Palm Cove Drive is listed at $3,450,000, which is about $659 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.

What are the association fees at 118 SW Palm Cove Drive?

The listing reports an association fee of $639 per month. Confirm what the fee covers, the reserve funding and any pending special assessments before you make an offer; for a condo, ask for the milestone inspection report as well.

What are the property taxes on 118 SW Palm Cove Drive?

The listing reports annual property taxes of $23,774 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.

When was 118 SW Palm Cove Drive built?

118 SW Palm Cove Drive was built in 2004 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.

How long has 118 SW Palm Cove Drive been on the market?

118 SW Palm Cove Drive has been listed for 18 days. Days on market and price changes are the first signals of how much room there is to negotiate.

Is 118 SW Palm Cove Drive waterfront?

Yes. The listing describes the water as ocean access navigable water river front seawall other. For a home with dockage, confirm the water depth at low tide, the seawall condition and whether the route to the inlet passes under any fixed bridges before you offer.

Which schools serve 118 SW Palm Cove Drive?

The MLS lists Bessey Creek (elementary), Hidden Oaks (middle), Martin County (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.

118 SW Palm Cove Drive, Palm City, FL 34990

$3,450,000 · Active

3 beds
5 baths
5,232 sq ft
Single Family Residence
Built 2004
HOA $639.25/mo
Lot 17,946.72 sq ft
MLS# M20056819
Palm Cove Pud Ph 04 & 05

Aerial View at 118 SW Palm Cove Drive, Palm City

Pool/Spa at 118 SW Palm Cove Drive, Palm City

Front Exterior at 118 SW Palm Cove Drive, Palm City

Foyer at 118 SW Palm Cove Drive, Palm City

Living Room at 118 SW Palm Cove Drive, Palm City

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.

Features

Barbecue
Ocean Access
Navigable Water
River Front
Seawall
Other
Heated
Pool Sweep
Salt Water

Schools

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

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Berkshire Hathaway Florida Realty · Listing agent: Priscilla L. Baldwin

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 118 SW Palm Cove Drive.

Questions About 118 SW Palm Cove Drive

How much is 118 SW Palm Cove Drive?: 118 SW Palm Cove Drive is listed at $3,450,000, which is about $659 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the association fees at 118 SW Palm Cove Drive?: The listing reports an association fee of $639 per month. Confirm what the fee covers, the reserve funding and any pending special assessments before you make an offer; for a condo, ask for the milestone inspection report as well.
What are the property taxes on 118 SW Palm Cove Drive?: The listing reports annual property taxes of $23,774 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 118 SW Palm Cove Drive built?: 118 SW Palm Cove Drive was built in 2004 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 118 SW Palm Cove Drive been on the market?: 118 SW Palm Cove Drive has been listed for 18 days. Days on market and price changes are the first signals of how much room there is to negotiate.
Is 118 SW Palm Cove Drive waterfront?: Yes. The listing describes the water as ocean access navigable water river front seawall other. For a home with dockage, confirm the water depth at low tide, the seawall condition and whether the route to the inlet passes under any fixed bridges before you offer.
Which schools serve 118 SW Palm Cove Drive?: The MLS lists Bessey Creek (elementary), Hidden Oaks (middle), Martin County (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.

Explore

Recently Sold Nearby

6621 SW Silver Wolf Drive, Palm City, FL 34990 · Sold $2,695,888 · 3 bd · 3 ba · 3,700 sq ft
4836 SW Savage Street, Palm City, FL 34990 · Sold $2,400,000 · 5 bd · 6 ba · 4,349 sq ft

Explore Nearby

Nearby Cities

Palm City Neighborhoods

Nearby ZIP Codes

A comparable home, 6621 SW Silver Wolf Drive, Palm City, FL 34990, sold for $2,695,888 in August 2026. Palm City neighborhoods include Piper's Landing and Harbour Ridge Yacht & Country Club. Nearby ZIP codes include 34994 and 34996. This property also neighbors Stuart, Jensen Beach, and Port St. Lucie. Compare it with the Palm City housing market report.