$3,450,000
118 SW Palm Cove Drive
Palm City, FL 34990
MLS# M20056819
3 beds  |  5 baths  |  6891 sqft


Aerial View
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Aerial View Aerial View Aerial View Pool/Spa Front Exterior Front Exterior Foyer Living Room Living Room Living Room Family Room Family Room Family Room Covered Patio w/ Waterfront View & Pool/Spa Pool/Spa Pool/Spa Dining Room Dining Room Kitchen Kitchen Kitchen Kitchen Breakfast Nook Owner's Suite Owner's Suite Owner's Suite Bathroom Owner's Suite Bathroom Photo 28 1 Car Garage off Owners Suite Office/Study Full Bath Half Bath 2nd Floor - Sitting Room/Loft 2nd Floor - Sitting Room/Loft 2nd Floor - Bedroom #2 2nd Floor -Full Bath 2nd Floor - Bedroom #3 2nd Floor - Full Bath Pool/Spa Back House/Pool & Spa Aerial View Aerial View Aerial View Front Exterior Palm Cove Dock Floorplan 1st Floor Floorplan 2nd Floor

Property 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 closets.

Details
Maps
Documents
Contract Information
Comp Sale YN: No
Listing Date: 2026-09-05
Status: Active
Original List Price: 3450000
List Price: $3,450,000
Current Price: $3,450,000
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: Cutter Sound PUD Ph 04 & 05
Development Name: Cutter Sound 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.
General Property Information
Property Sub Type: Single Family Residence
Bedrooms Total: 3
Bathrooms Total: 5
Bathrooms Full: 4
Bathrooms Half: 1
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: 1
Stories Total: 2
Direction Faces: South
Fireplace YN: Yes
Pool Private YN: Yes
Furnished: Furnished
Financial Information
Association YN: 1
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
Member Equity
Membership Equity YN: No
Co-Ownership
Property Management YN: Yes
Property Management Name: Coastal community
Property Management Phone: 772-463-1829
Boat and Dock Information
Dock: Available
Status Change Information
Major Change Timestamp: 2026-09-05T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-09-13
Originating Details
Originating System Key: 692237682
Originating System ID: M00000165
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
Room Information
Room Name Length Width Level
Laundry11.0019.00Main
Loft17.0013.00Second
Living Room23.0020.00Main
Family Room32.0031.00Main
Kitchen20.0015.00Main
Dining Room18.0014.00Main
Master Bedroom18.0036.00Main
Bedroom 219.0013.00Second
Bedroom 313.0016.00Second

IDX
Listing Office: Berkshire Hathaway Florida Realty

Last Updated: September - 15 - 2026

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