$971,000 - $1,042,000
RENTED AUG 13, 2025

1606 SW Egret Way Palm City, FL 34990

4 Beds
2 Baths
1,430 Sq Ft
$708 Price per Sq Ft

Last Sold January 13, 2022

Last sale price $875,000 $612 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,600/month

Highlights

  • Property has ocean access
  • Boat Dock
  • Heated In Ground Pool
  • Bessey Creek Elementary School Rated A-
  • Home fronts a seawall
  • Furnished

About This Home

As of August 2025

Boater’s Dream Retreat
Available Annually or with Flexible Lease Terms
Welcome to the ultimate waterfront escape – a spectacular 4-bedroom, 2-bathroom fully furnished pool home tucked away at the end of a peaceful cul-de-sac in one of Palm City’s most desirable neighborhoods.
Designed with boating enthusiasts in mind, this home features an impressive 68-foot fixed dock complete with 30 & 50 amp power, water hookup, a fish cleaning station, and underwater fish light—perfect for both serious anglers and casual cruisers.
Outside, enjoy the best of Florida living with a private heated saltwater pool, a covered patio with propane fire table, a putting green, and the perfect set up for entertaining or unwinding in style.
The fenced yard with dual gated access offers privacy and peace of mind, while the two-car garage provides ample storage for your vehicles and gear.
Whether you're relocating, escaping the cold, or simply seeking the waterfront lifestyle, this home offers it all!

Last Agent to Rent the Property

Jana Burnette

Water Pointe Realty Group Brokerage Phone: 734-777-8206 License #3500005 Listed on: 03/04/2025

Co-Listed By

Karen Velardo

Water Pointe Realty Group Brokerage Phone: 734-777-8206 License #3450991

Last Renter's Agent

Jana Burnette

Water Pointe Realty Group Brokerage Phone: 734-777-8206 License #3500005 Listed on: 03/04/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,521

Year Built

  • Built in 1972

Lot Details

  • Home fronts a seawall
  • Home fronts navigable water

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,430 Sq Ft Home
  • 2-Story Property
  • Furnished

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Property has ocean access
  • River Access
  • Canal Access

Schools

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

Utilities

  • Central Heating and Cooling System

Community Details

  • Boat Dock
  • Community Boat Facilities
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,521

Year Built

Built in 1972

Lot Details

0

Rental Info

  • Available Date: 2025-04-01

Listing Details

  • Co List Office Mls Id: 279000558
  • Co List Office Phone: 772-220-7877
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential Lease
  • Building Stories: 2
  • Subdivision Name: Seagate Harbor
  • Year Built: 1972
  • Year Built Details: Resale
  • Attribution Contact: 734-777-8206
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Furnished: Furnished
  • Living Area: 1430.0
  • Stories: 2

Exterior Features

  • Disclosures: None
  • Pool Features: Heated, In Ground
  • Pool Private: Yes
  • Property Condition: Resale
  • Waterfront Features: Canal Access, Deep Water, Navigable Water, No Fixed Bridges, Ocean Access, River Access, Seawall, Water Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Boat Facilities, Dock, Non-Gated, Park, Street Lights
  • Pets Allowed: Yes
  • Senior Community: No

Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2021
Closed on
Jan 13, 2022
Sold by
Cates and Cynthia
Bought by
John P Scarpelli Revocable Trust
Seller's Agent
Shannon Andersen
Keller Williams of the Treasure Coast
Buyer's Agent
Karen Velardo
Water Pointe Realty Group
List Price
$850,000
Sold Price
$875,000
Premium/Discount to List
$25,000
2.94%
Current Estimated Value
$1,012,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,419
Avg. Annual Appreciation
4.07%
Original Mortgage
$700,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 1999
Sold by
Moers Gregory W
Bought by
Cates David and Cates Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.87%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 12, 1997
Sold by
Reich Andrew A and Reich Joy S
Bought by
Moers Gregory W and Councell Cheryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
7.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 1994
Sold by
Purdy Kenneth O and Purdy Edna M
Bought by
Reich Andrew A and Rossi Joy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
7.2%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
John P Scarpelli Revocable Trust $875,000 Law Office Of Rick Kozell
Cates David $230,000 --
Moers Gregory W $191,000 --
Reich Andrew A $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner John P Scarpelli Revocable Trust $700,000
Previous Owner Reich Andrew A $100,000
Previous Owner Reich Andrew A $152,000
Previous Owner Reich Andrew A $148,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2025 08/13/25 Rented $4,700 0.0% --
05/19/2025 05/19/25 Price Changed $4,700 -90.0% $3 / Sq Ft
05/18/2025 05/18/25 Price Changed $47,000 +840.0% $33 / Sq Ft
03/04/2025 03/04/25 For Rent $5,000 0.0% --
01/13/2022 01/13/22 Sold $875,000 +2.9% $612 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
12/08/2021 12/08/21 For Sale $850,000 -- $594 / 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 $13,521 $879,080 -- --
2024 $14,064 $836,940 $836,940 $261,940
2023 $14,064 $781,630 $781,630 $235,380
2022 $9,589 $468,897 $0 $0
2021 $8,359 $426,270 $373,750 $52,520
2020 $7,952 $406,240 $362,250 $43,990
2019 $7,367 $365,620 $316,250 $49,370
2018 $7,333 $366,120 $327,750 $38,370
2017 $5,677 $336,220 $300,000 $36,220
2016 $6,735 $346,530 $300,000 $46,530
2015 -- $317,470 $276,000 $41,470
2014 -- $282,180 $234,000 $48,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20049568

Martin County REALTORS® of the Treasure Coast

APN: 06-38-41-001-000-01810-8