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Sold for $595,000
  • $595,000

    1469 SW Covered Bridge Dr, Palm City, FL 34990

    2beds
    1,500sqft
    Single Family Residence
    Built in 1977
    0.29 Acres Lot
    $654,800 Zestimate®
    $397/sqft
    $3,987 Estimated rent

    Home value

    $654,800

    $576,000 - $740,000

    $3,987/mo

    Zestimate® history
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    What's special

    Welcome to your waterfront retreat nestled in the charming Rustic Hills community in Palm City, FL. This delightful 2-bedroom, 2-bathroom Keywest Cottage exudes a cozy vibe! Offering plenty of entertainment space with living and dining rooms with an added on enclosed family room across the back which offers many possibilities! This is a boater’s paradise with dock and lift on an ocean access deep water canal. After crossing under the nearby Covered Bridge, you are on your way to Downtown Stuart or the inlet, where you can enjoy the sunset and night out out downtown! Enjoy relaxing in your private pool after a day on the water! Entertain guests on the expansive decks overlooking the picturesque waterfront. The wide fenced property allows easy boat access plus there is a one car garage and storage sheds which add to the appeal of this waterfront haven. Features are a metal roof, most windows are impact, Hardy plank siding, newer decking on lower decks and dock. No rental restrictions!

    Zillow last checked:

    Listing updated:

    Listed by:

    Susan Andersen 561-285-4794,

    Compass Florida, LLC,

    Kari Lydon 772-285-8606,

    Compass Florida LLC

    Bought with:

    Kari Lydon, 3409370

    Compass Florida LLC

    Susan Andersen, 672155

    Compass Florida, LLC

    Source: Martin County REALTORS® of the Treasure Coast (MCRTC),MLS#: M20051247MLS LogoOriginating MLS: Martin County

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Dryer, Dishwasher, Microwave, Range, Refrigerator, Water Softener, Washer
    Features
    • Separate/Formal Dining Room, Split Bedrooms
    • Flooring: Carpet, Ceramic Tile
    • Windows: Impact Glass
    Interior area
    • Total interior livable area: 1,500 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Attached, Garage
    • Has attached garage: Yes
    • Covered spaces: 1
    Features
    • Stories: 1
    • Patio & porch: Deck
    • Exterior features: Deck, Fence, Shed
    • Has private pool: Yes
    • Pool features: In Ground
    • Has view: Yes
    • View description: Canal
    • Has water view: Yes
    • Water view: Canal
    • Waterfront features: Canal Access, Fixed Bridge, Ocean Access, Seawall, Boat Ramp/Lift Access
    Lot
    • Size: 0.29 Acres
    Details
    • Additional structures: Shed(s)
    • Parcel number: 123840001000008306

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Florida
    • Property subtype: Single Family Residence
    Materials
    • Fiber Cement
    • Roof: Metal
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 1977

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Cable Available, Water Available, Water Connected

    Community & HOA

    Community
    • Features: Boat Facilities, Dock, Non-Gated
    • Subdivision: Rustic Hills
    HOA
    • Has HOA: Yes
    • Services included: Common Areas
    • HOA fee: $22 monthly
    Location
    • Region: Palm City

    Financial & listing details

    • Price per square foot: $397/sqft
    • Tax assessed value: $468,410
    • Annual tax amount: $2,943
    • Date on market: 7/1/2025
    • Cumulative days on market: 19 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Executory Contract

    Price history

    DateEventPrice
    8/19/2025Sold$595,000-6.9%$397/sqft
    Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20051247 Report a problem
    7/21/2025Pending sale$639,000$426/sqft
    Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20051247 Report a problem
    7/2/2025Listed for sale$639,000+312.3%$426/sqft
    Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20051247 Report a problem
    12/31/1998Sold$155,000$103/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,935 -0.2%$198,857 +2.9%
    2024$2,943 +6.2%$193,253 +6.3%
    2023$2,771 +4.1%$181,821 +3%
    2022$2,661 +0.5%$176,526 +3%
    2021$2,649 +3.7%$171,385 +1.4%
    2020$2,553 +1.4%$169,019 +2.3%
    2019$2,517 $165,219 +2.7%
    2018$2,517 +3.6%$160,930 +2.1%
    2017$2,430 +13.8%$157,620 +2.1%
    2016$2,135 $154,377 +0.7%
    2015$2,135 $153,303 +0.8%
    2014$2,135 $152,087 +1.5%
    2013-- $149,840 -6.4%
    2012-- $160,023 +3%
    2011-- $155,362 +1.5%
    2010-- $153,065 +2.7%
    2009-- $149,039 +0.1%
    2008-- $148,896 +3%
    2007$3,335 -3.9%$144,556 +2.5%
    2006$3,470 $141,030 +3%
    2005-- $136,923
    Find assessor info on the county website

    Neighborhood: 34990

    Nearby schools

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    Estimated market value
    $654,800
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $654,800