Cleveland
Homes for Sale in Palm City, FL

All 118 homes for sale in Palm City, FL · median $740,500 · 309 homes for sale in 34990 · Martin County homes for sale

Community in Palm City · Martin County · ZIP 34990
11 homesBuilt 1989–1997
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Built fromLive Beaches MLS data13 years of closingsFL DOR public recordsUpdated twice daily

As of September 2026, the MLS records 4 closed sales in Cleveland 4Th Add in Palm City, FL since 2013, the most recent in March 2026. Across Palm City as a whole, 136 homes closed in the last 12 months at a median of $776,500, 64 median days on market, with 51 homes for sale today. At that median and Martin County's FY2025-26 rate of 15.47 mills, annual property tax runs about $12,010 ($11,400 with the full homestead exemption).

Cleveland 4Th Add key facts
LocationPalm City, Martin County, FL · ZIP 34990
Homes in the community11 (FL DOR 2025 assessment roll)
Years built1989–1997 (median 1992)
Typical living area1,763 sq ft (median)
Owner-occupied (homestead) share100%

Data as of September 20, 2026. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Cleveland 4Th Add key facts,” movewithmomentum.com/neighborhoods/cleveland-4th-add, data as of September 20, 2026.

Live · Cleveland Housing Pulse Beaches MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Ownership and context
100%
Owner-occupied · Cleveland
11 of 11 parcels homesteaded (FL DOR 2025)
0%
Non-owner-occupied · Cleveland
incl. 0% trust or LLC-held · 0% out-of-state
11
Homes in the community
11 residential parcels (FL DOR 2025)
Track record · 13 years of records
Est. 1989
Community established
homes built 1989-1997, median 1992 (FL DOR 2025)
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Cleveland 4Th Add is a small pocket within Palm City, and the current MLS snapshot doesn't hand us a median or an amenity set to anchor on. That absence is itself the story: without a running list of comparable sales in the subdivision, pricing here leans on the individual property — lot, condition, and how it stacks up against the broader Palm City market in Martin County rather than against a deep bench of neighborhood comps.

For a buyer, that means diligence on the specific home matters more than usual; you're underwriting a house, not a stat sheet. For a seller, it means positioning against the wider Palm City market and being ready to justify price on condition and location, because there isn't a thick trail of in-subdivision sales to lean on.

Nearby homes for sale

No active listings inside ClevelandHomes for Sale in Palm City, FL right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.

2401 SW Estella Terrace
$485K · 0.3 mi away
3 bd · 2 ba · 1,578 sqft
2401 SW Estella Terrace
Listed by Coldwell Banker Paradise
2732 SW Matheson Avenue
$215K · 0.4 mi away
3 bd · 2 ba · 1,488 sqft
2732 SW Matheson Avenue
Listed by Compass Florida LLC
1485 SW Silver Pine Way
$185K · 0.4 mi away
1 bd · 1 ba · 842 sqft
1485 SW Silver Pine Way
Listed by Laviano & Associates Real Esta
1995 SW Silver Pine Way #Bldg 119 H1
$250K · 0.4 mi away
3 bd · 2 ba · 1,468 sqft
1995 SW Silver Pine Way #Bldg 119 H1
Listed by Keller Williams Realty Of The
2762 SW MATHESON Avenue #111-A2
$215K · 0.4 mi away
3 bd · 2 ba · 1,488 sqft
2762 SW MATHESON Avenue #111-A2
Listed by Keller Williams Realty Of The
2702 SW Matheson Avenue #113-f1
$175K · 0.4 mi away
1 bd · 1 ba · 830 sqft
2702 SW Matheson Avenue #113-f1
Listed by RE/MAX Gold

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

Cleveland 4Th Add is a modest subdivision in Palm City, Martin County; current MLS listings identify no dedicated community amenities, so the draw here is the Palm City location itself rather than shared facilities.

BeachesMLS sales records identify 83 homes in Cleveland that have changed hands since 2001, built between 1925 and 2022 (median 1985), with a median living area of about 1,645 sq ft and a typical 3-bedroom, 2-bath layout; 100% are single-family homes. Source: BeachesMLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Best for

  • Buyers targeting a Palm City address who don't want to pay for community amenities
  • Buyers comfortable underwriting a specific house rather than a subdivision average
  • Buyers who value low shared-maintenance overhead

Probably not for

  • Buyers who want a gated community with a pool or clubhouse
  • Buyers who rely on a deep set of in-subdivision comps to feel confident on price
  • Buyers seeking a large master-planned community with organized shared facilities

The market around Cleveland

Cleveland is too small for its own price trend, so here is the market around it.

In ZIP 34990, 412 homes are on the market and 26% are under contract — a steady corner of Palm City.

Across Martin County, 1,283 homes are active and 398 pending (24% under contract).

In ZIP 34990 (Palm City), 322 homes closed in the last 12 months at a median of $765K ($280/sq ft), up 0.5% year over year, with a median 63 days on market. Right now 54 active and 23 pending listings put supply at about 5.1 months — a balanced market. See the live ZIP 34990 housing market and the Martin County market.

ZIP and county figures describe the wider market, not Cleveland specifically. Momentum Research analysis of MLS records.

Housing distress & ownership in Cleveland 4Th Add, Palm City

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 9 listings
Distress share trend — 0.0% now (2026-09-14 → 2026-09-20)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. Deemed reliable but not guaranteed.

Recent Developments in Cleveland 4th Add

Development, infrastructure, retail, and school activity affecting Cleveland 4th Add, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.

Dev Momentum44/100 · Moderate
  1. June 2026
    Development

    Three Corners project gets 30 day extension in Vero Beach

    Vero Beach granted developer ClearPath Services a 30 day extension on June 25, 2026 to finalize the master developer agreement and lease terms for the 250 million dollar Three Corners waterfront project on the former Big Blue power plant site. Plans call for hotels, restaurants, shops, event venues, and a marina, with construction possible within a year of finalizing agreements. The deadline moved from July 11 to August 11, 2026.

    What it may mean for the marketA finalized agreement would advance a waterfront mixed use district with hospitality, retail, and marina space in the Vero Beach market. The site is about 1 mile southeast of Cleveland 4th Add.

    Source: WQCS
  2. May 2026
    Development

    Indian River County explores income restricted housing on 25th Street in Vero Beach

    Indian River County officials began discussions with Vero Beach to develop income restricted housing on a 7 acre county owned property at 1840 25th Street in Vero Beach. The proposed rental development would be set at up to 80 percent of area median income and would use special tax credits with city support. The County Commission chair authorized staff to begin talks with the city.

    What it may mean for the marketIncome restricted rental housing would add to the local housing supply and broaden rental options within the Vero Beach market. The site is less than a mile west of Cleveland 4th Add.

    Source: WQCS

Development alerts for Cleveland 4th AddGet a short monthly email when something new is approved, funded, or opens near Cleveland 4th Add.

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Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

If we were buying in Cleveland today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Cleveland.

Best Buy
Buyers who want a Palm City location without paying for shared amenities.
Biggest Risk
A thin in-subdivision comp trail makes pricing more property-specific than usual.
Sweet Spot
A well-kept home priced against the broader Palm City market.
Avoid If
You need a gated, amenity-rich community with a clubhouse or pool.

A location-first pocket of Palm City

With no community amenities surfacing from current listings, value in Cleveland 4Th Add is driven by the home and its setting inside Palm City rather than by pools, gates, or clubhouses you'd pay to maintain. That can be a feature, not a bug — no amenity overhead, and the pricing conversation stays focused on the property.

Because we don't have a subdivision median or price spread to cite, treat each listing on its own merits: lot size, updates, and how it compares to the surrounding Palm City market. Expect condition to swing value meaningfully, and lean on current, address-specific comps before committing to a number.

“

The location and the amenities are priced into every listing in Cleveland. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a small subdivision without a deep comp trail or shared amenities, the number comes from reading each property against the wider Palm City and Martin County market. That's exactly the kind of house-by-house underwriting we do — pulling current, address-specific comparables instead of leaning on a subdivision average that doesn't exist yet.

Cleveland in 15 seconds.

Best forBuyers who want a Palm City location without paying for shared amenities.
Biggest advantageNo amenity overhead means the price conversation stays on the home itself.
Biggest riskA thin in-subdivision comp trail makes pricing more property-specific than usual.
Sweet spotA well-kept home priced against the broader Palm City market.
Avoid ifYou need a gated, amenity-rich community with a clubhouse or pool.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Cleveland homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Cleveland.
In short
  • HOA status not on record. Verify any dues before you offer
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Cleveland sales matched to your home.

What is your Cleveland home worth?

Get a no-obligation home value based on real comparable sales in Cleveland, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See all homes for sale in Palm City →

Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Cleveland?
The Florida DOR 2025 assessment roll shows 11 homes in Cleveland (public records).
What share of Cleveland is owner-occupied?
100% of Cleveland parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Cleveland built?
Homes in Cleveland were built between 1989 and 1997, with a median year built of 1992 (FL DOR 2025 roll).
Who is the best real estate agent for Cleveland?
The best agent for Cleveland is one who actively works Palm City and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Cleveland.
How do I find a top Palm City real estate agent who knows Cleveland?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Cleveland and the wider Palm City area.
Can Momentum Realty connect me with an agent for Cleveland?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Cleveland purchase or sale - no call center and no pressure.
Where is Cleveland, and what county is it in?
Cleveland is in Palm City, Martin County, FL, ZIP 34990. The community's center is about 5 miles southeast of the center of Palm City (straight-line).
Buyers targeting a Palm City address who don't want to pay for community amenitiesExcellent fit
Buyers comfortable underwriting a specific house rather than a subdivision averageExcellent fit
Buyers who value low shared-maintenance overheadExcellent fit
Buyers who want a gated community with a pool or clubhouseProbably not
Buyers who rely on a deep set of in-subdivision comps to feel confident on priceProbably not
Buyers seeking a large master-planned community with organized shared facilitiesProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR assessment roll (street-list match (1 streets, ZIP 34990))
Under-contract sharesBeaches MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2013 (4 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Beaches MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Beaches MLS member average and 8 days faster, and we’ll price yours against live local comps.

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Nearby Communities

Explore more neighborhoods near Cleveland with Momentum Realty’s local guides.

PCPalm City0.1 mi away · median $410K, 10 sales/12 moCCleveland0.1 mi away · 63 homes, built 1925–22CCleveland0.2 mi away · 48 homes, built 1930–18OPOld Palm City0.2 mi awayCCleveland0.3 mi away · median $437K, 4 sales/12 moHHendersons0.4 mi away · 33 homes, built 1940–18PCPalm City Amend Clevland0.4 mi away · 87 homes, built 1925–24PAParkside At Martin Downs Aka0.5 mi away · 30 homes, built 1996–96

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