$1,550,000
SOLD MAR 10, 2025

157 SW Riverway Blvd Palm City, FL 34990

4 Beds
2 Baths
2,050 Sq Ft
0.36 Acres

Recently Sold

$756 Per Sq Ft

19 Days on Market

Highlights

  • Property has ocean access
  • Home fronts a seawall
  • Gunite Pool
  • Bessey Creek Elementary School Rated A-
  • Community Boat Facilities
  • Canal View

About This Home

As of March 2025

Discover your dream waterfront oasis! This stunning 4-bedroom pool home offers the perfect blend of luxury and coastal living, just 20 minutes from the ocean. Situated on a prime LARGE waterfront lot, the property offers ample space for multiple large boat parking, making it a paradise for boating enthusiasts. Step into your private resort, featuring a sparkling pool, a relaxing jacuzzi, and a tiki hut surrounded by white sand. Inside, the home is adorned with high-end appliances, ensuring a chef’s delight in the gourmet kitchen, complemented by modern finishes and thoughtful design. With impact windows throughout, this home combines safety with elegance, letting in natural light while providing peace of mind. Whether you’re lounging by the pool, enjoying a sunset at the tiki hut, or heading out for a day on the water, this property offers the ultimate in waterfront living. Don’t miss this rare opportunity to own a slice of paradise!

Last Agent to Sell the Property

Danielle Miller

The Brokerage Treasure Coast Brokerage Phone: 772-260-2537 License #3291020 Listed on: 01/13/2025

Co-Listed By

rebecca mccoy

The Brokerage Treasure Coast Brokerage Phone: 772-260-2537 License #3520013

Last Buyer's Agent

Josephine Demerac

The Keyes Company (Tequesta) License #0641615

The Keyes Company (Tequesta)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,600

Year Built

  • Built in 1979

Lot Details

  • 0.36 Acre Lot
  • Home fronts a seawall

Parking

  • 1 Car Attached Garage

Home Design

  • Shingle Roof
  • Composition Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,050 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Canal Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass

Pool

  • Gunite Pool
  • Spa

Outdoor Features

  • Property has ocean access
  • Canal Access

Schools

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

Utilities

  • Central Heating and Cooling System

Community Details

Overview

  • No Home Owners Association

Recreation

  • Community Boat Facilities
  • Dog Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,600

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Co List Office Mls Id: 279037902
  • Co List Office Phone: 772-781-1700
  • Garage Yn: Yes
  • Lot Size Acres: 0.362
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 1
  • Subdivision Name: Seagate Harbor
  • Year Built: 1979
  • Year Built Details: Resale
  • Ownership: Fee Simple
  • Attribution Contact: 772-260-2537
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Ceramic Tile, Laminate
  • Furnished: Unfurnished
  • Interior Amenities: Built-in Features, Kitchen Island, Split Bedrooms
  • Living Area: 2050.0
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Stories: 1
  • Window Features: Impact Glass

Exterior Features

  • Construction Type: Block, Concrete, Stucco
  • Disclosures: Seller Disclosure
  • Pool Features: Gunite, Heated
  • Pool Private: Yes
  • Property Condition: Resale
  • Roof: Composition, Shingle
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access, Deep Water, No Fixed Bridges, Ocean Access, Seawall, Water Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Security System
  • Sewer: Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Boat Facilities, Dog Park, Non-Gated, Trails/Paths
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9600.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2025
Closed on
Mar 10, 2025
Sold by
Bruce D Grigsby Revocable Trust and Zane Diane Marie
Bought by
Palfrey William Gilbert
Seller's Agent
Danielle Miller
The Brokerage Treasure Coast
Buyer's Agent
Josephine Demerac
The Keyes Company (Tequesta)
List Price
$1,550,000
Sold Price
$1,550,000
Views
6
Current Estimated Value
$1,463,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$86,757
Avg. Annual Appreciation
-10.49%

Purchase Details

Closed on
Oct 22, 2021
Sold by
Perini Dario and Perini Andrea
Bought by
Grigsby Bruce D and Bruce D Grigsby Revocable Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2006
Sold by
Dickerson Keith W and Dickerson Denise L
Bought by
Perini Dario and Tiger Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2002
Sold by
Dickerson Keith W and Dickerson Denise L
Bought by
Dickerson Keith W and Dickerson Denise L

Purchase Details

Closed on
Nov 10, 1992
Bought by
Perini Dario and Tiger Andrea
Source: Public Records

Range of Values:

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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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,550,000 Home Partners Title Services
Warranty Deed $1,550,000 Home Partners Title Services
Warranty Deed $1,150,000 Attorney
Warranty Deed $650,000 Attorney
Interfamily Deed Transfer -- --
Deed $220,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $862,500 New Conventional
Previous Owner $98,000 Credit Line Revolving
Previous Owner $520,000 Purchase Money Mortgage
Previous Owner $487,500 Unknown
Previous Owner $129,981 Stand Alone First
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2025 03/10/25 Sold $1,550,000 0.0% $756 / Sq Ft
02/01/2025 02/01/25 Pending -- -- --
01/13/2025 01/13/25 For Sale $1,550,000 -- $756 / Sq Ft
Source: Martin County REALTORS® of the Treasure Coast

Tax History Compared to Growth

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 $11,931 $753,830 $605,000 $148,830
2024 $9,600 $698,920 $698,920 $148,920
2023 $9,600 $555,392 $0 $0
2022 $9,288 $539,216 $0 $0
2021 $5,755 $316,696 $0 $0
2020 $5,646 $312,324 $0 $0
2019 $5,584 $305,303 $0 $0
2018 $5,458 $299,610 $0 $0
2017 $4,275 $293,447 $0 $0
2016 $5,103 $287,411 $0 $0
2015 -- $285,415 $0 $0
2014 -- $283,150 $195,000 $88,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20048478

Martin County REALTORS® of the Treasure Coast

APN: 06-38-41-001-000-00490-7