$3,359,000
SOLD MAY 23, 2025

48 SW Riverway Blvd Palm City, FL 34990

3 Beds
3.5 Baths
3,754 Sq Ft
0.26 Acres

Recently Sold

$895 Per Sq Ft

11% Below List Price

91 Days on Market

Highlights

  • Property has ocean access
  • Boat Dock
  • Boat Ramp
  • Bessey Creek Elementary School Rated A-
  • Home fronts a seawall
  • Concrete Pool

About This Home

As of May 2025

This newly constructed Coastal-style masterpiece offers breathtaking views of the river. Located in prestigiousSeagate Harbor/Lighthouse Point, this home epitomizes luxury waterfront living. Great Room features stunning25ft ceilings, magnificent floating staircase & coastal-style shell stone flooring. Gourmet kitchen*gas cooktop*SubZero refrigerator*double dishwasher*oversized island with prep sink*stunning quartzite stone* bar area with winecooler*ice maker*exquisite back-lit quartzite stone. Master Suite features bedroom with sitting area, expansivemaster closet, vaulted ceiling, crown molding. 2 bedrooms upstairs, full bath and den area with sink, minirefrigerator and TV. Oversized bi-fold impact doors onto large first story porch with stained ceilings and retractablescreen plus large screened-in 2nd floor balcony. 120-foot long dock with Tiki hut, water and electric and 10,000lb boat lift plus whole house generator, Tesla charging station and more! A hop to I-95 & Tpk

Last Agent to Sell the Property

Christina Tucker

Tucker Realty LLC Brokerage Phone: 772-370-3290 License #418994 Listed on: 01/24/2025

Last Buyer's Agent

Christina Zecca

Compass Florida LLC License #0657256

Compass Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,262

Year Built

  • Built in 2022

Lot Details

  • 0.26 Acre Lot
  • Home fronts a seawall
  • Home fronts navigable water
  • Fenced Yard
  • Sprinkler System

Home Design

  • Contemporary Architecture
  • Metal Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,754 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Thermal Windows
  • Plantation Shutters
  • Sliding Windows
  • Entrance Foyer
  • Open Floorplan
  • Screened Porch
  • Vinyl Flooring
  • River Views
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom on Main
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Laundry Tub

Home Security

  • Security System Owned
  • Motion Detectors
  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking
  • 1 to 5 Parking Spaces

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Gunite Pool
  • Saltwater Pool
  • Spa
  • Outdoor Shower
  • Pool Equipment or Cover

Outdoor Features

  • Property has ocean access
  • River Access
  • Boat Ramp
  • Balcony
  • Deck
  • Patio

Location

  • Flood Zone Lot

Schools

  • Bessey Creek Elementary School
  • Hidden Oaks Middle School

Utilities

  • Zoned Heating and Cooling
  • Underground Utilities
  • Power Generator
  • Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Boat Dock
  • Pier or Dock
  • Community Boat Facilities
  • Fishing
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,262

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Architectural Style: Contemporary
  • Directions: Martin Downs blvd to left on SW Matheson. Straight to the entrance of Lighthouse Point. Veer left to Seagate Harbor Riverway blvd. Curves right at the river. Continue to 48 on left.
  • Garage Yn: Yes
  • Lot Size Acres: 0.2623
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Building Stories: 2
  • Subdivision Name: Seagate Harbor
  • Year Built: 2022
  • Year Built Details: Resale
  • Ownership: Fee Simple
  • Attribution Contact: 772-370-3290
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Other
  • Fireplace: Yes
  • Flooring: Other, Vinyl
  • Furnished: Unfurnished
  • Interior Amenities: Attic, Wet Bar, Bathtub, Closet Cabinetry, Cathedral Ceiling(s), Dual Sinks, Entrance Foyer, Eat-in Kitchen, Family/Dining Room, Fireplace, High Ceilings, Kitchen Island, Primary Downstairs, Living/Dining Room, Pantry, Pull Down Attic Stairs, Sitting Area in Primary, Separate Shower, Bar, Walk-In Closet(s)
  • Living Area: 3754.0
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Stories: 2
  • Window Features: Plantation Shutters, Sliding, Thermal Windows, Impact Glass
  • ResoLivingAreaSource: Plans

Exterior Features

  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Southeast
  • Disclosures: Owner Is Listing Agent
  • Exterior Features: Balcony, Deck, Fence, Sprinkler/Irrigation, Outdoor Shower, Porch, Patio
  • Fencing: Yard Fenced
  • Lot Features: Flood Zone, Sprinklers Automatic
  • Patio And Porch Features: Balcony, Covered, Deck, Open, Patio, Porch, Screened
  • Pool Features: Concrete, Gunite, Heated, In Ground, Pool Equipment, Salt Water
  • Pool Private: Yes
  • Property Condition: Resale
  • Roof: Metal
  • View: River
  • View: Yes
  • Waterfront Features: Deep Water, Navigable Water, No Fixed Bridges, Ocean Access, River Access, Seawall, Water Access, Boat Ramp/Lift Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Two Spaces, On Street, Truck Parking, Garage Door Opener
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric, Zoned
  • Cooling Y N: Yes
  • Electric: Generator
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Laundry Tub
  • Security: Security System Owned, Security System, Closed Circuit Camera(s), Fenced, Motion Detectors, Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Sewer Available, Sewer Connected, Trash Collection, Underground Utilities, Water Available, Water Connected, Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Boat Facilities, Dock, Fishing, Internet Access, Non-Gated, Pier, Park, Trails/Paths
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Bessey Creek
  • Middle Or Junior School: Hidden Oaks

Lot Info

  • Zoning Description: residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 26262.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2025
Closed on
May 23, 2025
Sold by
Ogrady Joseph P and Tucker Christina
Bought by
Biegun Jeffery L and Biegun Christina L
Seller's Agent
Christina Tucker
Tucker Realty LLC
Buyer's Agent
Christina Zecca
Compass Florida LLC
List Price
$3,759,000
Sold Price
$3,359,000
Premium/Discount to List
-$400,000
-10.64%
Views
16
Current Estimated Value
$3,271,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$87,035
Avg. Annual Appreciation
-7.88%
Original Mortgage
$1,679,500
Outstanding Balance
$1,676,600
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$1,595,365

Purchase Details

Closed on
Jun 25, 2020
Sold by
Mcmonagle Donald R and Mcmonagle Janyce B
Bought by
Tucker Christina and Ogrady Joseph P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,200
Interest Rate
3.2%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 9, 2001
Sold by
Spears Richard A
Bought by
Mcmonagle Donald R and Mcmonagle Janyce B

Purchase Details

Closed on
May 31, 1994
Bought by
Mcmonagle Donald R and Mcmonagle Janyce B
Source: Public Records

Range of Values:

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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 $3,359,000 South Florida Title
Warranty Deed $3,359,000 South Florida Title
Warranty Deed $726,000 Attorney
Deed $374,000 --
Deed $201,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,679,500 New Conventional
Closed $1,679,500 New Conventional
Previous Owner $1,530,000 New Conventional
Previous Owner $1,000,000 Construction
Previous Owner $508,200 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Sold $3,359,000 -5.6% $895 / Sq Ft
04/25/2025 04/25/25 Pending -- -- --
03/27/2025 03/27/25 Price Changed $3,559,000 -2.7% $948 / Sq Ft
02/06/2025 02/06/25 Price Changed $3,659,000 -2.7% $975 / Sq Ft
01/24/2025 01/24/25 For Sale $3,759,000 -- $1,001 / 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 $27,086 $1,549,160 $911,250 $637,910
2024 $27,275 $1,662,378 -- --
2023 $27,275 $1,613,960 $0 $0
2022 $14,351 $760,188 $0 $0
2021 $12,661 $697,380 $678,000 $19,380
2020 $11,981 $652,490 $632,800 $19,690
2019 $11,655 $626,050 $605,680 $20,370
2018 $11,010 $592,980 $569,520 $23,460
2017 $10,165 $601,980 $578,560 $23,420
2016 $10,277 $594,950 $578,560 $16,390
2015 -- $502,440 $488,160 $14,280
2014 -- $528,720 $515,280 $13,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20048693

Martin County REALTORS® of the Treasure Coast

APN: 06-38-41-001-000-00070-5