166 SW Palm Cove Dr Palm City, FL 34990
4
Beds
6
Baths
4,818
Sq Ft
0.38
Acres
Highlights
- Marina
- Boat Dock
- River Access
- Bessey Creek Elementary School Rated A-
- Golf Course Community
- Boat Ramp
About This Home
As of August 2025LUXURY WATERFRONT ESTATE - This custom-built sanctuary in Palm Cove Golf & Yacht Club offers breathtaking mile-long river views from nearly every room. A grand entrance leads to expansive living and dining spaces with soaring ceilings and stone floors. The private primary suite is a serene retreat, while a second-level suite boasts a wet bar, dual walk-ins, and balcony. The gourmet kitchen flows into casual dining and gathering areas, all overlooking the resort-style pool, spa and outdoor kitchen. Paddleboard from your backyard. Enjoy the included slip for a 41’ boat with a 20k lb lift. Exclusive community amenities include a private golf course, marina, clubhouse, fitness center, heated lap pool and tennis courts. Private golf membership is optional.
Last Agent to Sell the Property
ONE Sotheby's International Re Brokerage Phone: 772-486-8188 License #3527582 Listed on: 01/21/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $24,776
Year Built
- Built in 2005
Lot Details
- 0.38 Acre Lot
- Waterfront
- South Facing Home
- Sprinkler System
HOA Fees
- $648 Monthly HOA Fees
Property Views
- River
- Lake
- Golf Course
Home Design
- Barrel Roof Shape
- Metal Roof
- Concrete Siding
- Block Exterior
Interior Spaces
- 4,818 Sq Ft Home
- 2-Story Property
- Wet Bar
- Central Vacuum
- Built-In Features
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- French Doors
- Formal Dining Room
- Carpet
Kitchen
- Eat-In Kitchen
- Built-In Oven
- Gas Range
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Primary Bedroom Upstairs
- Double Master Bedroom
- Split Bedroom Floorplan
- Walk-In Closet
- Dual Sinks
- Hydromassage or Jetted Bathtub
- Separate Shower
Laundry
- Dryer
- Washer
Home Security
- Impact Glass
- Fire and Smoke Detector
Parking
- 3 Car Attached Garage
- Garage Door Opener
Pool
- Heated In Ground Pool
- Spa
Outdoor Features
- River Access
- Rip-Rap
- Boat Ramp
- Balcony
- Covered Patio or Porch
- Exterior Lighting
- Outdoor Grill
Schools
- Bessey Creek Elementary School
- Hidden Oaks Middle School
- Martin County High School
Utilities
- Central Heating and Cooling System
- Water Purifier
- Cable TV Available
Community Details
Overview
- Association fees include management, common areas, recreation facilities, reserve fund, security, taxes
- Association Phone (772) 463-1829
- Property Manager
Amenities
- Clubhouse
- Community Kitchen
- Community Library
Recreation
- Boat Dock
- Community Boat Facilities
- Marina
- Golf Course Community
- Tennis Courts
- Community Basketball Court
- Community Playground
- Fitness Center
- Community Pool
- Trails
Security
- Gated with Attendant
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 9, 2021
Closed on
May 14, 2021
Sold by
Black Larry S and Black Norma
Bought by
Queen Robert G and Queen Gretchen G
Seller's Agent
Diana Emery
Lang Realty
Buyer's Agent
Blaine Ellingson
One Sotheby's International Re
List Price
$1,899,000
Sold Price
$1,899,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.19%
Original Mortgage
$1,519,200
Outstanding Balance
$1,382,613
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,972,931
Purchase Details
Closed on
May 3, 2017
Sold by
Black Larry S and Black Norma
Bought by
Black Larry S and Black Norma
Purchase Details
Closed on
Feb 7, 2007
Sold by
Black Larry S and Black Norma
Bought by
Black Larry S and Black Norma
Purchase Details
Closed on
Oct 24, 2002
Sold by
Toll Fl Ltd Partnership
Bought by
Black Larry S and Black Norma
Similar Homes in Palm City, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,899,000 | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Interfamily Deed Transfer | -- | None Available | |
| Special Warranty Deed | $675,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $250,000 | Credit Line Revolving | |
| Open | $1,519,200 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/07/2025 08/07/25 | Sold | $3,400,000 | -1.4% | $706 / Sq Ft |
| 06/29/2025 06/29/25 | Pending | -- | -- | -- |
| 06/10/2025 06/10/25 | Price Changed | $3,450,000 | -1.3% | $716 / Sq Ft |
| 03/05/2025 03/05/25 | Price Changed | $3,495,000 | -9.8% | $725 / Sq Ft |
| 02/11/2025 02/11/25 | Price Changed | $3,875,000 | -6.1% | $804 / Sq Ft |
| 01/21/2025 01/21/25 | For Sale | $4,125,000 | +117.2% | $856 / Sq Ft |
| 05/14/2021 05/14/21 | Sold | $1,899,000 | 0.0% | $419 / Sq Ft |
| 04/14/2021 04/14/21 | Pending | -- | -- | -- |
| 03/09/2021 03/09/21 | For Sale | $1,899,000 | -- | $419 / Sq Ft |
Source: Martin County REALTORS® of the Treasure Coast
Tax History Compared to Growth
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 | $25,808 | $1,630,577 | -- | -- |
| 2024 | $25,423 | $1,584,623 | -- | -- |
| 2023 | $25,423 | $1,538,469 | $0 | $0 |
| 2022 | $24,580 | $1,493,660 | $852,800 | $640,860 |
| 2021 | $22,504 | $1,318,620 | $0 | $0 |
| 2020 | $22,302 | $1,300,415 | $0 | $0 |
| 2019 | $22,062 | $1,271,179 | $0 | $0 |
| 2018 | $21,521 | $1,247,478 | $0 | $0 |
| 2017 | $19,951 | $1,221,820 | $0 | $0 |
| 2016 | $19,969 | $1,196,689 | $0 | $0 |
| 2015 | -- | $1,188,370 | $700,000 | $488,370 |
| 2014 | -- | $1,195,440 | $700,000 | $495,440 |
Source: Public Records
Agents Affiliated with this Home
-
Gretchen Queen
G
Seller's Agent in 2025
Gretchen Queen
ONE Sotheby's International Re
1 in this area
11 Total Sales
-
Lisa LeRose
Buyer's Agent in 2025
Lisa LeRose
Keller Williams of the Treasure Coast
(772) 812-1030
6 in this area
101 Total Sales
-
Diana Emery
D
Seller's Agent in 2021
Diana Emery
Lang Realty
(772) 340-4000
1 in this area
37 Total Sales
-
Blaine Ellingson
B
Buyer's Agent in 2021
Blaine Ellingson
One Sotheby's International Re
(772) 229-2929
2 in this area
44 Total Sales
Map
Source: Martin County REALTORS® of the Treasure Coast
MLS Number: M20048457
APN: 06-38-41-019-000-00080-0
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All listings featuring the MCRTC logo are provided by Martin County REALTORS® of the Treasure Coast, Inc. Multiple Listing Service. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Martin County REALTORS® of the Treasure Coast, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing broker has attempted to offer accurate data, but buyers are advised to confirm all information.
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