Rare Palm City waterfront retreat with no fixed bridges and direct ocean access. This distinctive 5BR/3BA home offers approx. 2,534 living sq ft with warm wood detailing, soaring ceilings, dramatic fireplace, and flexible living spaces full of character. The layout includes a downstairs primary suite plus an upstairs suite currently used as an art studio. Enjoy boating from your private dock with lift, water, and electric. Additional highlights include a 2023 metal roof, complete panel shutters, newer appliances, paver driveway, oversized garage with epoxy floors, low annual HOA for road/canal maintenance, and peaceful waterfront setting. A unique opportunity for buyers seeking boating, privacy, and a home with true personality. The oversized attached garage is approximately 26 feet deep and offers excellent space for vehicles, tools, and recreational storage. The upstairs master suite is currently used as an art studio and provides flexible options for a guest retreat, home office, media room, creative space, or additional private living area. The floor plan offers separation between the downstairs primary suite and upstairs living space, creating functionality for guests, remote work, or family living. The private dock with lift, electric, and water service support the Palm City waterfront lifestyle. Low annual HOA of approximately $244.77 primarily supports road and canal maintenance.
For sale
Price cut: $100.9K (7/12)
$899,000
2483 SW Murphy Road, Palm City, FL 34990
5beds
2,534sqft
Single Family Residence
Built in 1980
10,887 Square Feet Lot
$863,300 Zestimate®
$355/sqft
$20/mo HOA
What's special
Dramatic fireplacePeaceful waterfront settingNewer appliancesDownstairs primary suiteSoaring ceilingsWarm wood detailingComplete panel shutters
- 27 days |
- 1,243 |
- 77 |
Zillow last checked:
Listing updated:
Listed by:
Steven John McCarthy 435-650-8202,
Coldwell Banker Realty,
Soheila A Marchal 561-346-3250,
Coldwell Banker Realty
Source: BeachesMLS,MLS#: B26035442
Originating MLS: BeachesMLS
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 4
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dryer, Dishwasher, Electric Range, Disposal, Refrigerator, Washer
- Laundry: Laundry Room
Features
- Cathedral Ceiling(s), Main Level Primary, Split Bedrooms, Storage, Upper Level Primary, Vaulted Ceiling(s), Walk-In Closet(s)
- Flooring: Tile, Wood
- Has fireplace: Yes
- Fireplace features: Decorative
Interior area
- Total structure area: 3,513
- Total interior livable area: 2,534 sqft
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: Attached, Boat, Driveway, Garage, RV Access/Parking, See Remarks
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Porch, Screened, Wrap Around
- Exterior features: Outdoor Living Area, Porch
- Has view: Yes
- View description: Canal, Water
- Has water view: Yes
- Water view: Canal,Water
- Waterfront features: Canal Access, Canal Front, No Fixed Bridges, Ocean Access, River Access, Seawall
- Frontage type: Waterfront
- Frontage length: 137.00,137.00
Lot
- Size: 10,887 Square Feet
- Features: 1/4 to 1/2 Acre Lot
Details
- Parcel number: 123840001000000607
- Zoning: 0100
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding, Wood Frame
- Roof: Aluminum
Condition
- Resale
- New construction: No
- Year built: 1980
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Sewer Available, Water Connected
Community & HOA
Community
- Features: Home Owners Association
- Subdivision: RUSTIC HILLS
HOA
- Has HOA: Yes
- Amenities included: Maintenance
- Services included: Common Areas
- HOA fee: $245 annually
Location
- Region: Palm City
Financial & listing details
- Price per square foot: $355/sqft
- Tax assessed value: $400,680
- Annual tax amount: $6,120
- Date on market: 6/16/2026
- Cumulative days on market: 42 days
- Listing terms: Cash,Conventional
Estimated market value
Zestimate®
$863,300
Estimated sales range
$820,000 - $906,000
Rent Zestimate®
$4,678/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/12/2026 | Price change | $899,000-10.1%$355/sqft |
Source: | ||
| 6/12/2026 | Price change | $999,900-9%$395/sqft |
Source: | ||
| 6/1/2026 | Listed for sale | $1,099,000-8.3%$434/sqft |
Source: | ||
| 2/27/2025 | Listing removed | $1,199,000$473/sqft |
Source: | ||
| 11/8/2024 | Listed for sale | $1,199,000+211.4%$473/sqft |
Source: | ||
| 4/14/2017 | Sold | $385,000-3.5%$152/sqft |
Source: | ||
| 2/21/2017 | Pending sale | $399,000$157/sqft |
Source: Powre Real Estate Inc #M386895 Report a problem | ||
| 1/7/2017 | Price change | $399,000-6.1%$157/sqft |
Source: Powre Real Estate Inc #M386895 Report a problem | ||
| 12/7/2016 | Price change | $425,000-0.9%$168/sqft |
Source: Powre Real Estate Inc #M386895 Report a problem | ||
| 8/3/2016 | Listed for sale | $429,000$169/sqft |
Source: Owner Report a problem | ||
| 6/29/2016 | Listing removed | $429,000$169/sqft |
Source: Owner Report a problem | ||
| 6/14/2016 | Price change | $429,000-1.4%$169/sqft |
Source: Owner Report a problem | ||
| 6/10/2016 | Listed for sale | $435,000$172/sqft |
Source: Owner Report a problem | ||
| 6/2/2016 | Pending sale | $435,000$172/sqft |
Source: Owner Report a problem | ||
| 5/27/2016 | Price change | $435,000-3.1%$172/sqft |
Source: Owner Report a problem | ||
| 3/24/2016 | Listed for sale | $449,000+32.1%$177/sqft |
Source: Owner Report a problem | ||
| 11/6/2003 | Sold | $340,000$134/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,120 -0.7% | $400,680 +2.9% |
| 2024 | $6,166 +2% | $389,388 +3% |
| 2023 | $6,048 +3.7% | $378,047 +3% |
| 2022 | $5,831 -0.3% | $367,036 +3% |
| 2021 | $5,850 +2% | $356,346 +1.4% |
| 2020 | $5,737 +1.2% | $351,427 +2.3% |
| 2019 | $5,668 | $343,526 +1.9% |
| 2018 | $5,668 +2.6% | $337,120 +63.4% |
| 2017 | $5,525 +90.1% | $206,353 +2.1% |
| 2016 | $2,907 | $202,109 +0.7% |
| 2015 | $2,907 | $200,704 +0.8% |
| 2014 | $2,907 | $199,112 +1.5% |
| 2013 | -- | $196,170 -8.9% |
| 2012 | -- | $215,370 -2% |
| 2011 | -- | $219,660 -8.5% |
| 2010 | -- | $240,160 -10.4% |
| 2009 | -- | $267,990 -17.7% |
| 2008 | -- | $325,620 +5.7% |
| 2007 | $3,607 -5.3% | $308,175 +2.5% |
| 2006 | $3,810 | $300,660 +3% |
| 2005 | -- | $291,903 +107% |
| 2004 | $2,135 | $141,026 |
| 2003 | $2,135 +2.3% | $141,026 +2.4% |
| 2002 | $2,087 +1.6% | $137,721 +1.6% |
| 2001 | $2,053 +3.1% | $135,552 +3% |
| 2000 | $1,992 +3.3% | $131,604 +2.4% |
| 1999 | $1,928 | $128,564 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 34990
Nearby schools
GreatSchools rating
- 9/10Bessey Creek Elementary SchoolGrades: PK-5Distance: 1.4 mi
- 8/10Hidden Oaks Middle SchoolGrades: 6-8Distance: 1.9 mi
- 6/10Martin County High SchoolGrades: 9-12Distance: 3.1 mi
Schools provided by the listing agent
- Elementary: Bessey Creek
- Middle: Hidden Oaks
- High: Martin County
Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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