Gull Harbor, Pelican Cove River
Homes for Sale in Palm City, FL

All 123 homes for sale in Palm City, FL · median $729,900 · 307 homes for sale in 34990 · Martin County homes for sale

Community in Palm City · Martin County · ZIP 34990
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Built fromLive Beaches MLS data1 years of closingsUpdated twice daily

As of September 2026, the MLS records 1 closed sale in Gull Harbor, Pelican Cove River in Palm City, FL, the most recent in July 2025. 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).

Jon Brooks, founder of Momentum Realty
Jon's Current Read

There isn't a lot of hard data on Gull Harbor, Pelican Cove River right now, and I'd rather say that plainly than dress it up. Current MLS listings don't surface any shared community amenities, so what you're buying here is the individual home and its location in Palm City, not a club, gate, or set of shared facilities.

In a thin-data community like this, price is driven by the specifics of each property — condition, lot, and how a given home stacks up against the small pool of what's available. Buyers should underwrite each listing on its own merits rather than assume a neighborhood baseline, and sellers should expect the market to reward move-in condition rather than the name on the sign.

Nearby homes for sale

No active listings inside Gull Harbor, Pelican Cove River 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.

1404 SW SEAGULL Way
$1.70M · 0.3 mi away
5 bd · 3.5 ba · 2,988 sqft
1404 SW SEAGULL Way
Listed by The Brokerage Treasure Coast
1489 SW Seahawk Way
$1.40M · 0.4 mi away
5 bd · 3 ba · 2,937 sqft
1489 SW Seahawk Way
Listed by The Brokerage Treasure Coast
521 SW MARION Court
$795K · 0.4 mi away
3 bd · 2.5 ba · 2,635 sqft
521 SW MARION Court
Listed by RE/MAX of Stuart
1536 SW EGRET Way
$1.50M · 0.4 mi away
3 bd · 3.5 ba · 2,800 sqft
1536 SW EGRET Way
Listed by The Brokerage Treasure Coast
624 SW St Lucie Crescent #208
$744K · 0.6 mi away
2 bd · 2 ba · 1,561 sqft
624 SW St Lucie Crescent #208
Listed by Dale Sorensen Real Estate Inc.
624 SW St. Lucie Crescent #206
$715K · 0.6 mi away
2 bd · 2 ba · 1,561 sqft
624 SW St. Lucie Crescent #206
Listed by Anchor Southeast Realty LLC

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

The 60-Second Overview

Gull Harbor, Pelican Cove River is a Palm City community in Martin County where the value proposition is the house and the setting rather than shared amenities, none of which show up in current listings.

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 location who care more about the house than a shared amenity package
  • Purchasers ready to underwrite a specific property on its condition and lot rather than a neighborhood baseline
  • Move-fast buyers comfortable acting when the right home in a limited-inventory setting appears

Probably not for

  • Buyers who want a resort-style amenity set — clubhouse, pool, fitness — built into the community
  • Those who rely on a deep pool of recent comparables to feel confident on price
  • Anyone unwilling to walk away from a home priced above its condition

The market around Gull Harbor, Pelican Cove River

Gull Harbor, Pelican Cove River 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 Gull Harbor, Pelican Cove River specifically. Momentum Research analysis of MLS records.

Housing distress & ownership in Gull Harbor, Pelican Cove River, 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 3 listings
Distress share trend — 0.0% now (2026-09-14 → 2026-09-21)

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.

If we were buying in Gull Harbor, Pelican Cove River 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 Gull Harbor, Pelican Cove River.

Best Buy
Buyers who want a Palm City address and are willing to judge each home on its own merits.
Biggest Risk
Thin published data and limited inventory make comparables harder to lean on.
Sweet Spot
A well-maintained home priced to its condition in a location that fits your routine.
Avoid If
You need shared amenities like a clubhouse, pool, or gate to justify the buy.

A property-first community

With no community amenities identified in current MLS listings, this is a place you evaluate one home at a time. That's not a knock — plenty of Martin County pockets work exactly this way — but it changes how you shop. There's no amenity package subsidizing value, so the price you pay should map directly to the condition and features of the specific property.

Location does the heavy lifting here. Palm City's position in Martin County is the durable part of the story, so weigh proximity to the roads, water, and services you actually use. Because the visible inventory is limited, be prepared to move on the right home and to walk from one that's priced on hope rather than condition.

“

The location and the amenities are priced into every listing in Gull Harbor, Pelican Cove River. 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 community this thin on published data, the edge comes from reading each listing honestly and pricing it against the property in front of you, not a neighborhood average. We'll tell you when a home is worth stretching for and when the asking price is running ahead of the condition.

Gull Harbor, Pelican Cove River in 15 seconds.

Best forBuyers who want a Palm City address and are willing to judge each home on its own merits.
Biggest advantageValue tracks the individual property, not an amenity premium you may never use.
Biggest riskThin published data and limited inventory make comparables harder to lean on.
Sweet spotA well-maintained home priced to its condition in a location that fits your routine.
Avoid ifYou need shared amenities like a clubhouse, pool, or gate to justify the buy.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Gull Harbor, Pelican Cove River 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 Gull Harbor, Pelican Cove River.
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 Gull Harbor, Pelican Cove River sales matched to your home.

What is your Gull Harbor, Pelican Cove River home worth?

Get a no-obligation home value based on real comparable sales in Gull Harbor, Pelican Cove River, 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.
Buyers targeting a Palm City location who care more about the house than a shared amenity packageExcellent fit
Purchasers ready to underwrite a specific property on its condition and lot rather than a neighborhood baselineExcellent fit
Move-fast buyers comfortable acting when the right home in a limited-inventory setting appearsExcellent fit
Buyers who want a resort-style amenity set — clubhouse, pool, fitness — built into the communityProbably not
Those who rely on a deep pool of recent comparables to feel confident on priceProbably not
Anyone unwilling to walk away from a home priced above its conditionProbably not

Data sources & freshness

Under-contract sharesBeaches MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2025 (1 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.

Looking to buy here? Search homes for sale →

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Common questions about Gull Harbor, Pelican Cove River

Where is Gull Harbor, Pelican Cove River?

Gull Harbor, Pelican Cove River is a community in Palm City, Martin County, Florida, ZIP 34990.

Are there homes for sale in Gull Harbor, Pelican Cove River right now?

No active listings inside Gull Harbor, Pelican Cove River at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.

Does Gull Harbor, Pelican Cove River have an HOA or CDD?

No HOA is on record for Gull Harbor, Pelican Cove River in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.

Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.

Nearby Communities

Explore more neighborhoods near Gull Harbor, Pelican Cove River with Momentum Realty’s local guides.

WHWebb Hower0.1 mi away · 131 homes, built 1945–22LPLighthouse Pointe (Martin)0.3 mi away · median $1.10M, 12 sales/12 moOSOtter S Run0.3 mi away · 111 homes, built 1961–22Seagate Harbor0.5 mi away · 180 homes, built 1963–24, 2 for saleBBessey0.7 mi awayBBessey0.7 mi away · 1 for saleHPHarbour Pointe0.7 mi away · median $652K, 3 sales/12 moSEStuart Executive Court0.8 mi away

Browse all neighborhood guides →

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