Eric Chery
Map of Palm Cove
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Neighborhood · Palm City, Florida

Palm Cove

Waterfront living in a quiet Palm City pocket

6

Homes for sale

$790,000

Median list price

$382

Avg price / sqft

26

Median days on market

Search Palm Cove on the map

Palm Cove sits in Palm City, a Martin County community where waterfront and pool homes set the tone for daily life. Four of the six active homes here front the water and every one of them has a pool, so this is a neighborhood built around outdoor Florida living rather than density. Nearby Pine Ridge At Martin Downs is one of the notable communities in the area, and families here feed into Martin County High School and Hidden Oaks Middle School.

For a buyer today, this is a small, tightly held market — just six active listings, so you're choosing from a curated group rather than a sea of options. The median list price is $790,000 with a wide range from $635,000 up to $3,900,000, and homes are moving in about 26 days. Two of the current listings are priced above $1M, so if you're comparing options it helps to browse Palm City homes for sale or watch the live map as inventory shifts.

Palm Cove is a community in Palm City, Florida.

Quick facts

$635,000$3.9M price range

2,531 sqft median home

$2,950/mo median rent

1 sold in 12 months

On the market now

Homes for sale in Palm Cove

Every active listing inside the Palm Cove boundary

Open full map search →

Find your fit

Browse Palm Cove

Where the market lives

2
2
1
1
$500K–$750K$750K–$1.0M$1.0M–$2.0M$2.0M+

The numbers that matter

The Palm Cove market

1

Sold, last 12 months

$462,000

Median sold price

93%

Sale-to-list ratio

What sellers actually get vs asking

554 days

Median time to sell

Palm Cove vs Palm City

Median list price

Palm Cove$790K
Palm City Co.$195K

Price per sqft

Palm Cove$382
Palm City Co.$176

Days on market

Palm Cove26d
Palm City Co.74d

Median sold price — 3-yr, 3-mo rolling

48.7% yr/yr

$690K$1.0M$1.3MJul ’23Nov ’24

Homes sold per month

012Jul ’23Nov ’24

Live Stellar MLS data — every listing and closed sale inside the Palm Cove boundary. Rolling medians smooth single-month swings in small communities.

For the school run

Schools Palm Cove is zoned for

Attendance boundaries overlapping this community — always verify zoning with the district.

What it really costs

Owning here

Owning the median Palm Cove home

$5,050/mo

Principal & interest $4,162
Property tax $678
Insurance (est.) $210

$790,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.

$2,950/mo

Median rent

Homes for rent inside the boundary

Population

889

Median age

54

Median income

$152,517

Median home value

$560,600

Beyond the listings

Living in Palm Cove

Lifestyles

Top 17% in the U.S.

Wealth Signaling

Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.

Appearance oriented

Top 19% in the U.S.

Fitness Fashion

Workout clothes aren't just for working out anymore. This population enjoys wearing name-brand athletic apparel for fashion and functional purposes.

Appearance oriented

Trend Trackers

This population lives as fast as the culture. They like to keep up with the latest trends, especially when it comes to apparel and accessories.

Appearance oriented

Men's Style

This population is all about finding the latest in men's style - from fashion to grooming. Captures guys looking to stay on trend and significant others assisting with shopping.

Hobbies & Interests

Engine Enthusiast

This population loves working on and showing off their cars, trucks and motorcycles. You can find them researching car shows and the hottest models on the lot.

Active

Organized Sports

From tryouts and casual pick-up games, to varsity tournaments and intramural matches, this population includes people who participate in organized athletics. Often through schools or public recreational areas.

Straight answers

Palm Cove FAQs

Is Palm Cove a good place to live?+

It's a small waterfront-oriented community in Palm City where every active home has a pool and most front the water. Families are served by Hidden Oaks Middle School and Martin County High School, and the pace here is quiet and residential. If water and outdoor space matter to you, this is a strong fit.

Is Palm Cove expensive?+

The median list price is $790,000, and prices range from $635,000 to $3,900,000, with two current listings above $1M. It sits toward the upper end of the Palm City market, largely because of the waterfront and pool inventory. Median property taxes run about $8,140 per year.

What do homes cost in Palm Cove?+

Active listings have a median price of $790,000 and average about $382 per square foot, with a median home size around 2,531 square feet. Over the last 12 months just one home sold, at a median price of $462,000, which reflects how tightly held this community is.

How is the market in Palm Cove?+

Inventory is thin — six active listings — and homes are moving in a median of 26 days. Sellers have been getting about 93% of asking on average, so there's some room to negotiate, but well-priced waterfront homes don't sit long. Watching the live map is the best way to catch new listings early.

What about HOA fees and taxes?+

Median property taxes here are about $8,140 per year. HOA data isn't currently available for the active listings, so confirm any dues and what they cover on a specific home before you make an offer. Median rent in the area runs around $3,875 per month if you're comparing owning versus renting.

Keep exploring

More Palm City neighborhoods

Neighborhood boundary by edgeAI; listings matched to the polygon. IDX 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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