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2483 SW Murphy Road, Palm City FL 34990

House For Sale
$1,099,000

BTC: 17.69726248

ETH: 653.11701432

8 days
Waterfront
5 bds
3 ba
2,534 sqft

Overview

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 and electric, seawall and dock in good condition. 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, lift, electric service, and well-maintained seawall support the Palm City waterfront lifestyle. Low annual HOA of approximately $244.77 primarily supports road and canal maintenance.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Driveway / Parking Garage / Rv/Boat Parking
Year Built:
1980
Lot:
0.25 Acres
Heating:
Central
Price/sqft:
$434
Cooling:
Ceiling Fan(s) / Central Air
HOA:
$244

Valuation

Our model vs. what's actually selling nearby.
Estimate
$600,000
$469K – $979K
Confidence Low
List vs. estimate
$499K above estimate
List $1,099,000 · +83.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$433
+37.8% vs. city median $314
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$6,120
2025
HOA
$244/yr
View
Canal, River
Waterfront
Canal Front, Canal Width 1-80 Feet
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Tile

    • Wood

    Heating

    • Central

    Cooling

    • Ceiling Fan(s)

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • 3 Bedroom Split

    • Vaulted Ceiling(s)

    • Walk-In Closet(s)

    • Storage

    Bedrooms and bathrooms

    • Bedrooms: 5

    • Full bathrooms: 3

  • Parking

    • 2 Or More Spaces

    • Driveway

    • Parking Garage

    • Rv/Boat Parking

    Property

    • Levels: 2

    Lot

    • Lot: 0.25 Acres

    Other Property Information

    • Parcel Number: 123840001000000607

    • Zoning: 0100

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Septic

    • Sewer Connected

    • Sewer Available

    • Water Available

  • Other financial information

    • HOA: $244

    • HOA Frequency: Annually

    • Annual tax amount: $6,120

  • Source details

    • MLS ID: B26035442

    Other facts

    • Construction Materials: Wood Siding

    • Fireplace Features: Decorative

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot / Less Than 1 Acre / Septic

    • Patio And Porch Features: Screened Porch

    • Window Features: Complete Panel Shutters/Awnings

    • Direction Faces: Southwest

    • Other Structures: Livable

    • Architectural Style: Two Story

    • Waterfront: Yes

    • Fireplace: Yes

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 2534

    • Water Source: Public

    • Subdivision Name: RUSTIC HILLS

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Coldwell Banker Realty