$2,350,000
$125K PRICE DROP

1328 SW Estates Place Palm City, FL 34990

Estimated payment $15,218/month

Total Views 3,353
0.76 Acre
$3,075,916 Price per Acre
33,280 Sq Ft Lot

Highlights

  • Property has ocean access
  • Boat Dock
  • Gated Community
  • Bessey Creek Elementary School Rated A-
  • Boat Ramp
  • River View

About This Lot

Discover the one-in-a-lifetime opportunity to own a premier waterfront lot in one of the area's most desirable and sought-after locations. This wide-water parcel showcases panoramic water views, direct ocean access, and is fully equipped for immediate construction, it is a truly rare find in today’s market. Included are professionally designed architectural plans, so you can begin building your dream home right away. Wake up to serene sunrises and enjoy the coastal breeze from your own private sandy beach. The property features deep-water dockage, a brand-new dock with riprap, a 20,000-lb lift, and includes 50-amp power- perfect for accommodating multiple large vessels. With utilities in place, completed landscaping, and impact fees already paid, this lot offers a seamless start to your vision. Whether creating a private retreat or an exceptional investment property, this is a waterfront opportunity not to be missed.

Listing Agent

Kevin Thomas

Illustrated Properties LLC Brokerage Phone: 772-284-2202 License #3390737 Listed on: 10/03/2025

Illustrated Properties LLC

Co-Listing Agent

Jason Flannery

Illustrated Properties LLC Brokerage Phone: 772-284-2202 License #3053611

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $22,518

Lot Details

  • 0.76 Acre Lot
  • Lot Dimensions are 150x300
  • Waterfront
  • Property fronts a private road
  • Cul-De-Sac
  • Northwest Facing Home

HOA Fees

  • $1,016 Monthly HOA Fees

Property Views

  • River Views

Schools

  • Bessey Creek Elementary School
  • Hidden Oaks Middle School
  • Martin County High School

Community Details

Overview

  • Association fees include management, legal/accounting, ground maintenance, security
  • Association Phone (772) 600-8900

Recreation

  • Boat Dock
  • Property has ocean access
  • River Access
  • Rip-Rap
  • Boat Ramp

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$22,518

Lot Details

0

HOA Fees

$1,016 per month

Listing Details

  • Co List Office Phone: 772-463-4663
  • Directions: Martin Downs Blvd to Matheson Ave, right on to Dyer Point Rd to Bay Pointe gated entrance, right on to Bay Pointe Circle, right on to Estates Place, property on left on cul-de-sac.
  • Lot Size Acres: 0.764
  • Lot Size: 150x300
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Land
  • Road Frontage Type: Private Road
  • Subdivision Name: Bay Pointe Estates
  • Ownership: Fee Simple
  • Attribution Contact: 772-284-2202
  • OriginatingSystemListAgentMemberKey: 427180754
  • ListAgentNationalAssociationId: 279063180
  • Special Features: None

Exterior Features

  • Direction Faces: Northwest
  • Disclosures: Deed Restriction
  • Lot Features: Cul-De-Sac
  • View: River
  • View: Yes
  • Waterfront Features: Deep Water, No Fixed Bridges, Ocean Access, River Access, Riprap, Water Access, Boat Ramp/Lift Access
  • Waterfront: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1016.0
  • Phone: 772-600-8900
  • Association: Yes
  • Community Features: Dock, Gated

Fee Information

  • Association Fee Includes: Association Management, Legal/Accounting, Maintenance Grounds, Security

Schools

  • Elementary School: Bessey Creek
  • High School: Martin County
  • Middle Or Junior School: Hidden Oaks

Tax Info

  • Tax Annual Amount: 22518.0
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $22,518 $1,285,123 -- --
2024 $22,411 $1,168,294 -- --
2023 $22,411 $1,062,086 $0 $0
2022 $42,865 $2,284,513 $0 $0
2021 $36,333 $2,076,830 $847,000 $1,229,830
2020 $35,165 $1,996,570 $847,000 $1,149,570
2019 $34,512 $1,935,070 $770,000 $1,165,070
2018 $34,085 $1,922,350 $715,000 $1,207,350
2017 $30,617 $1,813,130 $715,000 $1,098,130
2016 $31,477 $1,833,770 $863,500 $970,270
2015 -- $1,735,090 $759,000 $976,090
2014 -- $1,744,260 $759,000 $985,260
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/03/2025 12/03/25 Price Changed $2,350,000 -5.1% --
10/03/2025 10/03/25 For Sale $2,475,000 +41.4% --
01/23/2025 01/23/25 Sold $1,750,000 -20.5% $240 / Sq Ft View Prior Sale
01/10/2025 01/10/25 Pending -- -- --
12/21/2024 12/21/24 For Sale $2,200,000 0.0% $302 / Sq Ft
11/27/2024 11/27/24 Pending -- -- --
10/20/2024 10/20/24 For Sale $2,200,000 +10.3% $302 / Sq Ft
06/12/2014 06/12/14 Sold $1,995,000 -23.1% $270 / Sq Ft View Prior Sale
05/13/2014 05/13/14 Pending -- -- --
11/26/2013 11/26/13 For Sale $2,595,000 -- $351 / Sq Ft
Source: Martin County REALTORS® of the Treasure Coast

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,750,000 None Listed On Document
Warranty Deed $1,995,000 Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $690,000 --
Deed $625,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,326,000 New Conventional
Previous Owner $500,000 No Value Available
Previous Owner $325,000 No Value Available
Source: Public Records

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20052440

Martin County REALTORS® of the Treasure Coast

APN: 06-38-41-010-000-00330-0