Sold for $320,000

$320,000

888 SW 28th St, Palm City, FL 34990

2beds

945sqft

Single Family Residence

Built in 1956

0.35 Acres Lot

$363,500 Zestimate^®

$339/sqft

$2,201 Estimated rent

Home value

$363,500

$345,000 - $382,000

$2,201/mo

Zestimate^® history

Owner options

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$2,201/mo

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$2,201/mo

Rent Zestimate^®

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$2,172/mo

Est. payment

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$2,172/mo

Est. payment

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What's special

This home is a true fixer-upper or potential tear-down, with the primary value in the land itself. It consists of two lots, and if the existing structure is removed, the parcels can be separated to allow a new home on each lot. Located in the heart of Old Palm City, just one block from the river, this property offers a rare opportunity in a highly desirable area. It also falls within the Palm City CRA, providing additional possibilities for redevelopment. Buyers should verify all building, zoning, and land-use options with the Martin County Zoning Department to confirm what can be done with the property.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Heating

Central

Cooling

Ceiling Fan(s)

Interior area

Total structure area: 945
Total interior livable area: 945 sqft

Property

Features

Stories: 1

Lot

Size: 0.35 Acres

Details

Parcel number: 173841001006000308
Special conditions: Listed As-Is

Construction

Type & style

Home type: SingleFamily
Architectural style: Rustic
Property subtype: Single Family Residence

Materials

Frame
Roof: Composition,Shingle

Condition

Resale,Fixer
Year built: 1956

Utilities & green energy

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

Community & HOA

Community

Features: Non-Gated
Subdivision: Palm City Amd

HOA

Has HOA: No
Services included: None

Location

Region: Palm City

Financial & listing details

Price per square foot: $339/sqft
Tax assessed value: $256,810
Annual tax amount: $990
Date on market: 11/22/2025
Cumulative days on market: 11 days
Listing terms: Cash
Ownership: Fee Simple

Price history

Date	Event	Price
1/20/2026	Sold	$320,000-15.6%$339/sqft
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20053234 Report a problem
12/3/2025	Pending sale	$379,000$401/sqft
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20053234 Report a problem
11/24/2025	Listed for sale	$379,000$401/sqft
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20053234 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$991 +0.1%	$75,548 +2.9%
2024	$990 +2.6%	$73,419 +3%
2023	$966 +3.1%	$71,281 +3%
2022	$937 +0.6%	$69,205 +3%
2021	$931 +8.8%	$67,190 +1.4%
2020	$856 +0.1%	$66,263 +2.3%
2019	$854	$64,773 +1.9%
2018	$854 +1.5%	$63,565 +2.1%
2017	$841 +9.7%	$62,258 +2.1%
2016	$767	$60,977 +0.7%
2015	$767	$60,554 +0.8%
2014	$767	$60,073 +1.5%
2013	--	$59,185 +1.7%
2012	--	$58,196 +3%
2011	--	$56,501 +1.5%
2010	--	$55,667 +2.7%
2009	--	$54,200 +0.1%
2008	--	$54,152 +3%
2007	$1,732 -0.2%	$52,572 +2.5%
2006	$1,735	$51,290 +3%
2005	--	$49,797