$3,400,000
Sold · August 7, 2025
166 SW Palm Cove Drive
Explore the area: Palm City homes for sale · Martin County real estate
Sale Summary
What this home sold for
- Sold price
- $3,400,000
- Vs. list price
- 1.4% under
- Days on market
- 9
- Price per sq ft
- $706
This 4-bedroom single-family home in Palm Cove Golf & Yacht Club sold for $3,400,000 on August 7, 2025. That was 1.4% below its final list price of $3,450,000. It spent 9 days on the market. At $706 per square foot, it closed 133% above the $303 median of the 6 other single-family home sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $3,400,000
- Sold On
- August 7, 2025
- Days on Site
- 9 Days
- Bedrooms
- 4
- Total Baths
- 6
- Full Baths
- 4
- Partial Baths
- 2
- Living Area
- 4,818 sqft
- Total Sq Ft
- 6,642 sqft
- Lot Size
- 0.38 Acres
- Year Built
- 2005
- Property Type
- Single Family
- MLS #
- R11098123
- Property Tax
- $25,808 (2024)
- HOA Fees
- $648 / Monthly
- Subdivision
- PALM COVE GOLF & YACHT CLUB
- County
- Martin
- Status
- Sold
About This Property
Nestled within the exclusive Palm Cove Golf & Yacht Club, this custom-built estate offers sweeping, mile-long river views from nearly every room. A grand entryway welcomes you into expansive living and dining areas, featuring soaring ceilings and elegant stone flooring. The private primary suite serves as a tranquil retreat, while a second-level guest suite impresses with a wet bar, dual walk-in closets and a private balcony. The gourmet kitchen seamlessly connects to casual dining and gathering spaces, all opening to a resort-style outdoor oasis complete with a pool, spa and summer kitchen. Paddleboard from your backyard. Private marina slip included with a 20k lb lift, for a 41' vessel. Recent updates - 2020 metal roof, 3 new A/C units and pool heater. Golf membership optional.
Virtual TourGeneral Features
- Property Type
- Single Family
- Status
- Sold
- Year Built
- 2005
- Property Condition
- Resale
- Number of Stories
- 2
- Levels
- Multi Split / Two
- Garage Spaces
- 3
- Attached Garage
- Yes
- Parking
- Attached / Garage / Garage Door Opener
- Direction Faces
- South
- Lot Size (Acres)
- 0.38
- Living Sq Ft
- 4,818
- Total Sq Ft
- 6,642
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- County only
Interior Features
- Appliances
- Cooktop / Dryer / Dishwasher / Electric Water Heater / Free Standing Freezer / Microwave / Oven / Water Purifier Owned / Refrigerator / Water Heater / Water Purifier / Washer
- Cooling
- Central Air / Electric
- Heating
- Central / Electric
- Flooring
- Carpet / Other
- Fireplace
- Yes
- Spa
- Yes
- Spa Features
- Heated / In Ground
- Interior Features
- Built In Features / Bathtub / Cathedral Ceilings / Central Vacuum / Dining Area / Separate Formal Dining Room / Dual Sinks / Eat In Kitchen / High Ceilings / Kitchen Island / Main Level Primary / Multiple Primary Suites / Multiple En Suite Bathrooms / Pantry / Split Bedrooms / Soaking Tub / Separate Shower / Upper Level Primary / Vaulted Ceilings / Walk In Closets
- Laundry
- Inside
- Windows
- Plantation Shutters
- Main Level Bedrooms
- 3
- Main Level Baths
- 5
- Total Rooms
- 7
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block / Concrete / Stucco
- Roof
- Metal
- Exterior Features
- Built In Barbecue / Balcony / Barbecue / Outdoor Kitchen / Outdoor Living Area
- Architectural Style
- Mediterranean
- Private Pool
- Yes
- Pool Features
- Heated / In Ground / Outside Bath Access / Association
- Patio & Porch
- Covered / Patio / Balcony
- Lot Features
- Quarter To Half Acre Lot / Sprinklers Automatic
- Waterfront
- Yes
- Waterfront Features
- Navigable Water / No Fixed Bridges / Ocean Access / River Front / Riprap
- View
- Golf Course / River
Community & HOA
- HOA Fee
- $648 / Monthly
- HOA Includes
- Common Areas / Security
- Association Amenities
- Basketball Court / Boating / Clubhouse / Fitness Center / Golf Course / Library / Playground / Pool / Sidewalks / Tennis Courts / Trails
- Community Features
- Home Owners Association / Boat Facilities / Gated / Property Manager On Site / Street Lights
- Security
- Gated With Guard / Gated Community / Smoke Detectors
- Utilities
- Sewer Available / Water Available
- Pets Allowed
- Number Limit / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- No Commercial Vehicles / No Rv
- MLS Area
- 6090 - Palm City
About the Community
Palm Cove Golf & Yacht Club is a gated community in Palm City, Martin County, Florida. Active listings are priced from $650,000 to $3,900,000. Homes were built between 2003 and 2005. Pure Equity lists homes in Palm Cove Golf & Yacht Club and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 13
- Under Contract
- 0
- Median List Price
- $768,000
- Median $/Sq Ft
- $309
- Avg Days on Market
- 99
Frequently Asked Questions
- How do I schedule a tour of 166 SW Palm Cove Drive, Palm City, FL 34990?
- Use the Tour button on this listing to request a showing of 166 SW Palm Cove Drive, Palm City, FL 34990. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 166 SW Palm Cove Drive, Palm City, FL 34990 still available?
- 166 SW Palm Cove Drive, Palm City, FL 34990 is currently listed as Sold, and has been on the market 9 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 166 SW Palm Cove Drive, Palm City, FL 34990?
- With 20% down ($690,000) on the $3,450,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 166 SW Palm Cove Drive, Palm City, FL 34990 is about $18,131/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 166 SW Palm Cove Drive, Palm City, FL 34990?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 166 SW Palm Cove Drive, Palm City, FL 34990. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 166 SW Palm Cove Drive, Palm City, FL 34990 have an HOA fee?
- Yes: 166 SW Palm Cove Drive, Palm City, FL 34990 carries an HOA fee of about $648 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- Can I negotiate the price of 166 SW Palm Cove Drive, Palm City, FL 34990?
- Often, yes. The right offer on 166 SW Palm Cove Drive, Palm City, FL 34990 depends on how it's priced against comparable single family sales in Palm City, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of One Sotheby's Intl. Realty
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.
$3,400,000
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Listed by Gretchen Queen, One Sotheby's Intl. Realty
Map & Location
Cities in Martin County
Zip Codes in Martin County
Property Types
Recent Sales
Recently sold homes in Palm Cove Golf & Yacht Club
These are the last 6 recorded closings in Palm Cove Golf & Yacht Club, with the price each home actually sold for rather than what it was listed at. They closed at a median of $315 per square foot. The most recent closed on March 11, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$645,000
Sold · March 11, 2026
814 SW Palm Cove Drive
3 bed · 2 bath · 2,216 sqft · $291/sqft
$24,000 under the asking price
Sold$590,000
Sold · February 20, 2026
855 SW Pebble Lane
3 bed · 2 bath · 2,101 sqft · $281/sqft
$40,000 under the asking price
Sold$870,000
Sold · December 12, 2025
700 SW Pebble Lane
3 bed · 2 bath · 2,214 sqft · $393/sqft
$9,000 under the asking price
Sold$1,385,000
Sold · December 3, 2025
1979 SW Balata Terrace
4 bed · 4.5 bath · 4,961 sqft · $279/sqft
$65,000 under the asking price
Sold$1,295,000
Sold · November 20, 2025
2119 SW Balata Terrace
4 bed · 3.5 bath · 3,699 sqft · $350/sqft
Sold$1,675,000
Sold · August 29, 2025
58 SW Palm Cove Drive
6 bed · 5 bath · 5,320 sqft · $315/sqft
$25,000 under the asking price
See every recorded sale in Palm Cove Golf & Yacht Club or find out what your Palm Cove Golf & Yacht Club home is worth.
