Reduced $300k in Palm Cove Golf & Yacht Club! Discover complete privacy in this custom-built 6-bed, 5-bath, estate nestled on a double lot in the exclusive riverfront section of Palm Cove. Designed for effortless elegance & entertaining, this one-of-a-kind home features soaring ceilings, a wide-open floor plan and walls of glass that seamlessly blend indoor & outdoor living. Enjoy breezy porches overlooking a private pool & lush backyard oasis, creating a serene retreat for family & friends. Great value at $375 ft. This prestigious community offers a 93-slip marina w/easy ocean access, newly renovated private 18-hole golf course w/exclusive restaurant for fine dining. Indulge in resort-style amenities, a riverfront clubhouse, fitness center, heated pool, tennis courts, tot lot & more Ideally situated near parks, world-class boating & fishing, theater & shops in award-winning Downtown Stuart, easy access to I-95, FL Turnpike, pristine beaches of Hutch Island & Martin "A" rated schools
Sold for $1,675,000
$1,675,000
58 SW Palm Cove Drive, Palm City, FL 34990
6beds
5,320sqft
Single Family Residence
Built in 1998
0.79 Acres Lot
$1,717,400 Zestimate®
$315/sqft
$7,700 Estimated rent
Home value
$1,717,400
$1.53M - $1.92M
$7,700/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Sara M. Crombie 772-631-0960,
New Wave Real Estate Group Inc
Bought with:
Shandi Carline, 3100653
Water Pointe Realty Group
Source: BeachesMLS,MLS#: R11062379
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
- Main level bathrooms: 4
- Main level bedrooms: 5
Primary bedroom
- Level: Upper
- Area: 390
- Dimensions: 26 X 15
Primary bedroom
- Level: Upper
- Area: 390
- Dimensions: 26 X 15
Bedroom 2
- Level: Main
- Area: 168
- Dimensions: 14 X 12
Bedroom 2
- Level: Main
- Area: 168
- Dimensions: 14 X 12
Bedroom 3
- Level: Main
- Area: 168
- Dimensions: 14 X 12
Bedroom 3
- Level: Main
- Area: 168
- Dimensions: 14 X 12
Bedroom 4
- Level: Main
- Area: 204
- Dimensions: 17 X 12
Bedroom 4
- Level: Main
- Area: 204
- Dimensions: 17 X 12
Bedroom 5
- Level: Main
- Area: 180
- Dimensions: 15 X 12
Bedroom 5
- Level: Main
- Area: 180
- Dimensions: 15 X 12
Den
- Level: Main
- Area: 192
- Dimensions: 16 X 12
Dining room
- Level: Main
- Area: 169
- Dimensions: 13 X 13
Dining room
- Level: Main
- Area: 169
- Dimensions: 13 X 13
Kitchen
- Level: Main
- Area: 330
- Dimensions: 22 X 15
Kitchen
- Level: Main
- Area: 330
- Dimensions: 22 X 15
Living room
- Level: Main
- Area: 972
- Dimensions: 36 X 27
Living room
- Level: Main
- Area: 972
- Dimensions: 36 X 27
Other
- Description: Sitting Room off Primary
- Level: Main
- Area: 180
- Dimensions: 15 X 12
Other
- Description: Bedroom 6
- Level: Main
- Area: 169
- Dimensions: 13 X 13
Other
- Description: Sitting Room off Primary
- Level: Main
- Area: 180
- Dimensions: 15 X 12
Other
- Description: Bedroom 6
- Level: Main
- Area: 169
- Dimensions: 13 X 13
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Electric Water Heater, Disposal, Refrigerator, Water Heater, Washer
- Laundry: Washer Hookup, Inside
Features
- Breakfast Bar, Built-in Features, Breakfast Area, Closet Cabinetry, Cathedral Ceiling(s), Dining Area, Separate/Formal Dining Room, Entrance Foyer, High Ceilings, Living/Dining Room, Pantry, Sitting Area in Primary, Split Bedrooms, Upper Level Primary, Vaulted Ceiling(s), Walk-In Closet(s)
- Flooring: Carpet, Wood
Interior area
- Total structure area: 6,993
- Total interior livable area: 5,320 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage, Garage Door Opener
- Attached garage spaces: 2
Features
- Levels: Multi/Split,Two
- Stories: 2
- Patio & porch: Covered, Patio, Screened
- Exterior features: Outdoor Living Area
- Has private pool: Yes
- Pool features: In Ground, Association
- Has view: Yes
- View description: Garden
- Waterfront features: None
Lot
- Size: 0.79 Acres
Details
- Parcel number: 063841016005001001
- Zoning: Residential
- Other equipment: Fuel Tank(s)
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block, Concrete
- Roof: Flat
Condition
- Resale
- New construction: No
- Year built: 1998
Utilities & green energy
- 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
- Subdivision: Palm Cove Golf & Yacht Club
HOA
- Has HOA: Yes
- Amenities included: Boating, Business Center, Clubhouse, Elevator(s), Golf Course, Library, Picnic Area, Pool, Putting Green(s), Sidewalks, Tennis Court(s)
- Services included: Common Areas, Recreation Facilities, Security
- HOA fee: $480 monthly
- HOA phone: 772-463-1829
Location
- Region: Palm City
Financial & listing details
- Price per square foot: $315/sqft
- Tax assessed value: $1,495,730
- Annual tax amount: $21,574
- Date on market: 2/14/2025
- Cumulative days on market: 144 days
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2025 | Sold | $1,675,000-1.5%$315/sqft |
Source:  BeachesMLS #R11062379 Report a problem | ||
| 7/20/2025 | Pending sale | $1,700,000$320/sqft |
Source:  Martin County REALTORS® of the Treasure Coast (MCRTC) #M20049042 Report a problem | ||
| 7/6/2025 | Contingent | $1,700,000$320/sqft |
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20049042 Report a problem | ||
| 6/17/2025 | Price change | $1,700,000-14.8%$320/sqft |
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20049042 Report a problem | ||
| 3/4/2025 | Price change | $1,995,000-5%$375/sqft |
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20049042 Report a problem | ||
| 2/10/2025 | Listed for sale | $2,100,000$395/sqft |
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20049042 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $21,238 -1.6% | $1,228,730 +10% |
| 2024 | $21,574 +7.9% | $1,117,028 +10% |
| 2023 | $19,994 +19.5% | $1,015,480 +10% |
| 2022 | $16,732 +12.2% | $923,164 +10% |
| 2021 | $14,914 +4.4% | $839,240 +4.9% |
| 2020 | $14,286 -2% | $800,410 -0.9% |
| 2019 | $14,584 | $807,440 -5.2% |
| 2018 | $14,584 -4.5% | $851,610 +5.6% |
| 2017 | $15,272 | $806,090 +11% |
| 2016 | -- | $726,350 +5% |
| 2015 | -- | $691,770 -12.7% |
| 2014 | -- | $792,280 +14.4% |
| 2013 | -- | $692,380 +4.4% |
| 2012 | -- | $662,970 -0.8% |
| 2011 | -- | $668,470 -21.8% |
| 2010 | -- | $854,920 -1.9% |
| 2009 | -- | $871,680 -8% |
| 2008 | -- | $947,400 -11.2% |
| 2007 | $10,672 -7.1% | $1,067,190 -7.1% |
| 2006 | $11,483 | $1,148,260 +21.3% |
| 2005 | -- | $946,310 |
Find assessor info on the county website
Neighborhood: 34990
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Nearby schools
GreatSchools rating
- 9/10Bessey Creek Elementary SchoolGrades: PK-5Distance: 1.8 mi
- 8/10Hidden Oaks Middle SchoolGrades: 6-8Distance: 3 mi
- 6/10Martin County High SchoolGrades: 9-12Distance: 2.9 mi
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.
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Estimated market value
$1,717,400
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Estimated market value
$1,717,400
- Florida
- Martin County
- Palm City
- 34990
- 58 SW Palm Cove Drive
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