**A Rare Sanctuary of Natural Beauty in Palm City.** Discover the timeless charm of coastal living at 1540 SW Dyer Point Road, a distinctive Key West-inspired residence nestled within the enchanting setting of Otters Run. Steeped in local lore, Otters Run is said to have earned its name from a pair of river otters that return each spring to raise their young along the private lake, bordered on three sides by an extraordinary 80-acre nature preserve. This remarkable setting is a haven for wildlife, where bald eagles, ospreys, and great blue herons soar overhead and hunt along the shoreline, while tarpon, snook, and largemouth bass inhabit the waters below.
Turly one of the most magical scenes in all of Palm City! Offering approximately 3,338 square feet of living space, this inviting residence features four bedrooms plus a dedicated office, with one bedroom currently serving as an artist's studio. Classic Key West architecture, a metal roof, and generous living spaces create an atmosphere of relaxed coastal elegance. The expansive grounds offer ample room for a future pool, providing an opportunity to create a private outdoor retreat surrounded by nature.
A truly special offering for those who appreciate privacy, natural beauty, and the tranquility of waterfront surroundings, all within convenient reach of Palm City's amenities and the best of the Treasure Coast lifestyle.
For sale
$1,250,000
1540 SW DYER POINT Road, Palm City, FL 34990
4beds
3,338sqft
Single Family Residence
Built in 2003
0.55 Acres Lot
$-- Zestimate®
$374/sqft
$30/mo HOA
What's special
Metal roofDistinctive key west-inspired residenceExpansive groundsClassic key west architectureTranquility of waterfront surroundingsGenerous living spaces
- 1 day
- 377
- 20
Zillow last checked:
Listing updated:
Listed by:
Kimberly J Spears 772-263-2505,
Douglas Elliman
Source: BeachesMLS,MLS#: B26100261
Originating MLS: BeachesMLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 378
- Dimensions: 18 X 21
Bedroom 2
- Level: Main
- Area: 156
- Dimensions: 12 X 13
Bedroom 3
- Level: Main
- Area: 168
- Dimensions: 14 X 12
Dining room
- Level: Main
- Area: 192
- Dimensions: 12 X 16
Kitchen
- Level: Main
- Area: 230.4
- Dimensions: 18 X 12.8
Living room
- Level: Main
- Area: 432
- Dimensions: 24 X 18
Other
- Description: Office
- Level: Main
- Area: 192
- Dimensions: 12 X 16
Other
- Description: Studio
- Level: Main
- Area: 240
- Dimensions: 16 X 15
Other
- Description: Garage
- Level: Main
- Area: 984
- Dimensions: 24 X 41
Heating
- Central, Electric, Individual
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Electric Range, Microwave, Refrigerator
- Laundry: Inside, Laundry Room
Features
- Bedroom on Main Level, Living/Dining Room, Split Bedrooms, Walk-In Closet(s)
- Flooring: Ceramic Tile
- Has fireplace: No
Interior area
- Total structure area: 5,175
- Total interior livable area: 3,338 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Circular Driveway, Driveway, Garage
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch, Screened
- Exterior features: Outdoor Living Area, Porch
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake Front
Lot
- Size: 0.55 Acres
Details
- Parcel number: 063841009000000306
- Zoning: Res
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Florida
- Property subtype: Single Family Residence
Materials
- CBS (Concrete Block Structure), Block
- Roof: Metal
Condition
- Resale
- New construction: No
- Year built: 2003
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Water Connected
Community & HOA
Community
- Features: Home Owners Association
- Subdivision: Otters Run
HOA
- Has HOA: Yes
- Amenities included: None
- Services included: Common Areas
- HOA fee: $360 annually
Location
- Region: Palm City
Financial & listing details
- Price per square foot: $374/sqft
- Tax assessed value: $803,640
- Annual tax amount: $6,638
- Date on market: 11/14/2026
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 11/14/2026 | Listed for sale | $1,250,000+825.9%$374/sqft |
Source: | ||
| 1/14/2002 | Sold | $135,000$40/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,639 -0.8% | $433,531 +2.9% |
| 2024 | $6,691 +1.9% | $421,313 +3% |
| 2023 | $6,565 +3.7% | $409,042 +3% |
| 2022 | $6,332 -0.4% | $397,129 +3% |
| 2021 | $6,355 +1.8% | $385,563 +1.4% |
| 2020 | $6,240 +1.2% | $380,240 +2.3% |
| 2019 | $6,166 | $371,691 +1.9% |
| 2018 | $6,166 +2.6% | $364,761 +2.1% |
| 2017 | $6,011 | $357,258 +2.1% |
| 2016 | -- | $349,910 +0.7% |
| 2015 | -- | $347,478 +0.8% |
| 2014 | -- | $344,720 -2.2% |
| 2013 | -- | $352,580 -0.9% |
| 2012 | -- | $355,940 -22.1% |
| 2011 | -- | $456,998 +1.5% |
| 2010 | -- | $450,244 +2.7% |
| 2009 | -- | $438,406 +0.1% |
| 2008 | -- | $437,971 +3% |
| 2007 | $6,054 +3.6% | $425,214 +2.5% |
| 2006 | $5,846 | $414,843 +3% |
| 2005 | -- | $402,761 +519.6% |
| 2004 | $1,196 | $65,000 |
| 2003 | $1,196 | $65,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 34990
Nearby schools
Schools provided by the listing agent
- Elementary: Bessey Creek
- Middle: Hidden Oaks
- High: Martin County
Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.








