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Sold for $3,400,000
  • $3,400,000

    166 SW Palm Cove Drive, Palm City, FL 34990

    4beds
    4,818sqft
    Single Family Residence
    Built in 2005
    0.38 Acres Lot
    $3,474,200 Zestimate®
    $706/sqft
    $7,931 Estimated rent

    Home value

    $3,474,200

    $3.09M - $3.93M

    $7,931/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Gretchen Queen 772-486-8188,

    One Sotheby's Intl. Realty

    Bought with:

    Lisa Jo LeRose, 3300475

    Keller Williams of the Treasure Coast

    Source: BeachesMLS,MLS#: R11098123MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 6
    • Full bathrooms: 4
    • 1/2 bathrooms: 2
    • Main level bathrooms: 5
    • Main level bedrooms: 3
    Primary bedroom
    • Level: Main
    • Area: 448
    • Dimensions: 28 X 16
    Bedroom 2
    • Level: Upper
    • Area: 600
    • Dimensions: 30 X 20
    Great room
    • Level: Main
    • Area: 625
    • Dimensions: 25 X 25
    Kitchen
    • Level: Main
    • Area: 180
    • Dimensions: 12 X 15
    Living room
    • Level: Main
    • Area: 324
    • Dimensions: 18 X 18
    Loft
    • Level: Upper
    • Area: 240
    • Dimensions: 20 X 12
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Cooktop, Dryer, Dishwasher, Electric Water Heater, Free-Standing Freezer, Microwave, Oven, Water Purifier Owned, Refrigerator, Water Heater, Water Purifier, Washer
    • Laundry: Inside
    Features
    • Built-in Features, Bathtub, Cathedral Ceiling(s), 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 Ceiling(s), Walk-In Closet(s)
    • Flooring: Carpet, Other
    • Doors: French Doors
    • Windows: Plantation Shutters
    • Has fireplace: Yes
    Interior area
    • Total structure area: 6,642
    • Total interior livable area: 4,818 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Garage, Garage Door Opener
    • Attached garage spaces: 3
    Features
    • Levels: Multi/Split,Two
    • Stories: 2
    • Patio & porch: Covered, Patio, Balcony
    • Exterior features: Built-in Barbecue, Balcony, Barbecue, Outdoor Kitchen, Outdoor Living Area
    • Has private pool: Yes
    • Pool features: Heated, In Ground, Association, Outside Bath Access
    • Has spa: Yes
    • Spa features: Heated, In Ground
    • Has view: Yes
    • View description: Golf Course, River
    • Has water view: Yes
    • Water view: River
    • Waterfront features: Navigable Water, No Fixed Bridges, Ocean Access, River Front, Riprap
    Lot
    • Size: 0.38 Acres
    • Features: 1/4 to 1/2 Acre Lot, Sprinklers Automatic
    Details
    • Parcel number: 063841019000000800
    • Zoning: County only
    • Other equipment: Fuel Tank(s)

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Mediterranean
    • Property subtype: Single Family Residence
    Materials
    • Block, Concrete, Stucco
    • Roof: Metal
    Condition
    • Resale
    • New construction: No
    • Year built: 2005

    Utilities & green energy

    • Electric: 3 Phase
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Sewer Available, Water Available

    Community & HOA

    Community
    • Features: Home Owners Association, Boat Facilities, Gated, Property Manager On-Site, Street Lights
    • Security: Gated with Guard, Gated Community, Smoke Detector(s)
    • Subdivision: PALM COVE GOLF & YACHT CLUB
    HOA
    • Has HOA: Yes
    • Amenities included: Basketball Court, Boating, Clubhouse, Fitness Center, Golf Course, Library, Playground, Pool, Sidewalks, Tennis Court(s), Trail(s)
    • Services included: Common Areas, Security
    • HOA fee: $648 monthly
    Location
    • Region: Palm City

    Financial & listing details

    • Price per square foot: $706/sqft
    • Tax assessed value: $1,781,120
    • Annual tax amount: $25,808
    • Date on market: 6/10/2025
    • Cumulative days on market: 9 days
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    8/7/2025Sold$3,400,000-1.4%$706/sqft
    Source: BeachesMLS #R11098123 Report a problem
    6/29/2025Pending sale$3,450,000$716/sqft
    Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20048457 Report a problem
    6/26/2025Contingent$3,450,000$716/sqft
    Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20048457 Report a problem
    6/10/2025Price change$3,450,000-1.3%$716/sqft
    Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20048457 Report a problem
    3/5/2025Price change$3,495,000-9.8%$725/sqft
    Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20048457 Report a problem
    2/11/2025Price change$3,875,000-6.1%$804/sqft
    Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20048457 Report a problem
    1/21/2025Listed for sale$4,125,000+117.2%$856/sqft
    Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20048457 Report a problem
    5/16/2024Listing removed$1,899,000$394/sqft
    Source: BeachesMLS #RX-10698286 Report a problem
    5/14/2021Sold$1,899,000$394/sqft
    Source: BeachesMLS #R10698286 Report a problem
    3/30/2021Pending sale$1,899,000$394/sqft
    Source: BeachesMLS #RX-10698286 Report a problem
    3/29/2021Listing removed--
    Source: BeachesMLS #RX-10698286 Report a problem
    3/15/2021Contingent$1,899,000$394/sqft
    Source: BeachesMLS #RX-10698286 Report a problem
    3/9/2021Listed for sale$1,899,000+181.3%$394/sqft
    Source: BeachesMLS #RX-10698286 Report a problem
    11/5/2002Sold$675,000$140/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$25,530 -1.1%$1,630,577 +2.9%
    2024$25,808 +1.5%$1,584,623 +3%
    2023$25,423 +3.4%$1,538,469 +3%
    2022$24,580 +9.2%$1,493,660 +13.3%
    2021$22,504 +0.9%$1,318,620 +1.4%
    2020$22,302 +1.1%$1,300,415 +2.3%
    2019$22,062 $1,271,179 +1.9%
    2018$22,062 +2.5%$1,247,478 +2.1%
    2017$21,521 $1,221,820 +2.1%
    2016-- $1,196,689 +0.7%
    2015-- $1,188,370 -0.6%
    2014-- $1,195,440 -0.5%
    2013-- $1,201,040 +0.9%
    2012-- $1,190,077 +3%
    2011-- $1,155,415 -3.1%
    2010-- $1,191,875 +2.7%
    2009-- $1,160,540 -30.1%
    2008-- $1,659,190 -11.1%
    2007$18,661 +2.1%$1,866,050 +2.1%
    2006$18,268 $1,826,800 +162.8%
    2005-- $695,000
    Find assessor info on the county website

    Neighborhood: 34990

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,474,200
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    Estimated market value
    $3,474,200