Palm Cove Homes for Sale

Palm Cove is a residential community in Palm City, Florida.

Pure Equity Realty covers Palm Cove and the Palm City area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows a single listing for Palm Cove Palm City homes for sale as of October 2026. The median asking price is $950,000.

That is 51% above the Palm City median of $630,000. On a per-foot basis, homes here ask about $355 per square foot, compared with $276 across Palm City. So the median price buys roughly 2,700 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Homes listed in Palm Cove date from 2004, so they are about 22 years old.

Every one of these homes went up after Florida adopted its statewide building code in 2002. In practice, that usually means impact-rated openings and stronger roof attachment. A wind mitigation inspection documents those features, and Florida insurers must offer premium discounts for them.

Rentals in Palm Cove have a median asking rent of $2,700 per month, across 1 active rental listing. For comparison, the Palm City median is $3,625, so rents here run 26% lower.

You can browse current Palm City rentals or ask us for a rent estimate on a specific Palm Cove home.

Here is what the median Palm Cove price means in Florida closing terms. At $950,000, a 20% down payment comes to about $190,000, leaving a loan near $760,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $2,660. Next, the intangible tax of 0.2% adds about $1,520. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Palm Cove median, that is about $6,650.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent Palm Cove listings show assignments to Bessey Creek (elementary), Hidden Oaks (middle) and Martin County (high). However, boundaries can change each year, so confirm the assignment for a specific address with the Martin County School District.