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 64 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
4.5 baths
5,232 sq ft
64 days on market
Single Family Residence
Built 2004
HOA $639.25/mo
Lot 17,946.72 sq ft
6,891 sq ft total
Martin County
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 Rea · terrikasnic@bhhsfloridarealty.com · Listing agent: Priscilla L. Baldwin

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. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Schedule a showing

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

Before You Make an Offer

Buying a waterfront home: ocean access, bridges and docks

Your Waterfront Buyer May Already Be Working With Us

BreakThru Realty works with buyers searching for waterfront homes with ocean access, no fixed bridges, deep water, private docks and Intracoastal frontage. Boaters know the vessel they need to keep behind the house, and they tell us. If you own a waterfront home, a broker can compare its frontage, dock and route to the ocean with those requirements and discuss a potential buyer match before you list.

BreakThru Realty works with hundreds of prequalified buyers searching for properties. Before you list, a broker reviews what you own, the market around it and whether an existing buyer's requirements match. If none does, you see how we would position it to reach other qualified buyers.

Find Out If We Have Your Buyer · Discuss Selling With BreakThru Realty

A potential match is a conversation, not an offer, until the buyer sees your property and makes one. No buyer is named and nothing about your property or business is shared until you decide to proceed.

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 64 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.

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The 3 bedroom home at 2086 SW Gull Harbor Lane, Palm City, FL 34990 is comparable and listed for sale at $3,450,000. Palm City neighborhoods include Newfield and Palm City Farms. Nearby ZIP codes include 34994 and 34996. This property also neighbors Stuart, Ocean Breeze, and Jensen Beach. Compare it with the Palm City housing market report.