Lake Grove
Homes for Sale in Palm City, FL
All 296 homes for sale in Palm City, FL · median $643,950 · 323 homes for sale in 34990 · Martin County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Beaches MLS
Over the 12 months ending 2026-09-20, 4 recorded sales closed at a median of $801,000, $284 per square foot, a median 90 days on market, sellers accepting 91% of original asking. Homes listed or recently sold were built 1994–2001; 5 of 5 report an HOA (median $142/mo); none of the 5 geocoded homes sit in a FEMA special flood hazard zone (median elevation 16 ft). At the median price and Martin County's FY2025-26 rate of 15.47 mills, annual property tax runs about $12,390 ($11,780 with the full homestead exemption).
Last 30 days in Lake Grove: 1 new listing (median asking $1,250,000). As of October 15, 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.
Lake Grove runs on water and lot. The median price of $840K reflects waterfront or water-access positions in a Martin County market where canal, golf-course, and preserve lots command premiums over interior parcels. At $283/ft², you're paying for location and setting more than square footage; this is not a price-per-pound neighborhood.
Median time on market of 143 days tells you this is a considered-purchase enclave, not a bidding-war zone. Sellers need to price to the parcel and the condition. Buyers have time to walk properties, compare lot premiums, and negotiate—but the small inventory (three closings in the trailing window) means when the right setup appears, you move or you wait.
Nearby homes for sale
No active listings inside Lake Grove 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.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Lake Grove market snapshot (as of September 20, 2026): the median sale price is about $801K ($284 per sq ft over the trailing 12 months of closed sales), and a median 91 days on market for closed sales.
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.
County records show 7 qualified sales in Lake Grove across 2024–2025 (6 in 2024, 1 in 2025), median $825,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Lake Grove is a community of 64 homes in Palm City, Martin County, built between 1993 and 2006 (median 1998.0), with a median living area of about 2,876 square feet. 91% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Lake Grove is a Palm City enclave where lot and water dictate value more than the house itself, and a median time on market over four months gives serious buyers room to be selective.
The setting & the homes.
Aerial and on-site photos of Lake Grove. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Lake Grove
Lake Grove
Lake Grove
Lake GrovePhotos from Beaches MLS listings in Lake Grove; content deemed reliable but not guaranteed.
Who Lake Grove is best for.
Best for
- Buyers prioritizing direct water access or preserve views who understand lot value outweighs interior finishes in this market.
- Watercraft owners looking for canal-access dockage in Martin County without resort-community density or HOA constraints.
- Renovation-minded buyers with budgets at or above the median who can carry updates while living waterfront.
Probably not for
- Buyers seeking a gated, amenity-heavy community with fitness centers, resort pools, and social programming.
- First-time or budget-constrained buyers who need turnkey condition and can't absorb deferred maintenance or improvement costs.
- Investors looking for fast liquidity or short hold periods in a market where median time on market exceeds four months.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level Beaches MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($801K) IS the median in the snapshot above.
Windows contain 0 to 8 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. 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.
26% of homes for sale in ZIP 34990 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-10-14).
Lake Grove Market Scorecard
Lake Grove is currently a balanced market., and homes go under contract in about 8 days.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: Beaches MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Homes For Sale Right Now in Lake Grove
Live MLS inventory for Lake Grove. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Lake Grove listings as of 2026-10-14, priced high to low. 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. Tap any home to ask about it.
Lake Grove on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Beaches MLS. Map data © OpenStreetMap contributors.
Schools
- Martin County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Palm City · Elementary
- Hidden Oaks · Middle
- Martin County · High
Zoned schools reflect the assignments reported on recent Lake Grove listings and can change; always confirm with Martin County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Lake Grove address.
The Lake Grove buying strategy.
If we were buying in Lake Grove today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 Lake Grove.
What you're really buying in Lake Grove
Lake Grove isn't a cookie-cutter subdivision. It's a collection of waterfront and near-water homes where the canal, lake access, or preserve view is the asset and the house is the platform. The $840K median price reflects that hierarchy: lot and water first, then improvements. You'll find a range of vintages and finishes, and condition spreads matter—what's priced at the median on a prime lot may be dated inside, while a renovated interior on a less-desirable parcel can sit longer.
Inventory is thin. Three closings in the recent window means turnover is low and choices are limited. When something hits that matches your criteria—direct water access, southern exposure, dock-ready seawall—hesitation costs you months. The 143-day median DOM reflects this same dynamic from the seller side: patience is required, but the right buyer will pay for the right setup.
Martin County's position between the St. Lucie and Palm Beach markets gives Lake Grove geographic appeal for buyers who want water without the density or price floor of Jupiter or Stuart's downtown corridor. You're trading walkability and resort-style amenity packages for privacy, space, and direct waterway access. If you need a clubhouse, fitness center, or guarded gate, this isn't your stop.
The location and the amenities are priced into every listing in Lake Grove. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
Lake Grove rewards local intelligence. Our agents know which canals offer ocean access, which lots flood in a hard rain, and which seller-side appraisals are inflated by outdated comps. In a market with long days-on-market and thin inventory, we'll tell you when to hold and when to write, and we'll walk you away from a bad lot before you fall in love with a floor plan. You need a broker who knows the difference between a premium and a markup.
Lake Grove in 15 seconds.
What it really costs to own in Lake Grove
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| Property tax | Current owners' bills run a median of $7,035/yr across 4 listings here (MLS tax records, 2026-10-15). |
|---|---|
| HOA dues | Median $142/month across 64 MLS listings (most billed monthly; 2026-10-15). Dues cover what the documents say they cover; ask for the budget and reserve study. |
| Home and flood insurance | The average Citizens Property Insurance premium in Martin County is $2,580/yr (1,552 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. |
| Roof and age | Median build year 2000 across 4 listings. An original roof here would be about 26 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails. |
Email me new listings in Lake Grove
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Lake Grove
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Lake Grove will answer, and the answer is published on this page for the next buyer.
HOA, CDD & Fees
- HOA dues reported around $142/month (about $1,704/yr) · median of 64 MLS listings, most billed monthly
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $142 per month ($1,704 a year) — the median AssociationFee across 64 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-10.
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Lake Grove buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Lake Grove sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Lake Grove, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Lake Grove home worth?
Get a no-obligation home value based on real comparable sales in Lake Grove, 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 →
| Location | Palm City, Martin County, FL · ZIP 34990 |
|---|---|
| Homes in the community | 64 (FL DOR 2025 assessment roll) |
| Years built | 1993–2006 (median 1998.0) |
| Typical living area | 2,876 sq ft (median) |
| Home types (current listings and sales) | single-family 100% |
| Amenities listed by sellers | Tennis Court(s), Basketball Court, Gated Community, Gated with Guard, Security Gate, Cabana |
| Sale prices, last 12 months | $801,000 median across 4 closed sales · $284 per sq ft |
| Days on market (closed sales) | 90 median |
| For sale right now | 0 active, 0 pending |
| Owner-occupied (homestead) share | 91% |
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, “Lake Grove key facts,” movewithmomentum.com/neighborhoods/lake-grove, data as of September 20, 2026.
Housing distress & ownership in Lake Grove, Palm City
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
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.
Every Home for Sale in Lake Grove Right Now (1)
All 1 active and pending Lake Grove listings with a detail page, newest first, refreshed twice a day from the MLS.
- 4977 SW Lake Grove Circle · $1,250,000 · 5 bd / 2.5 ba · listed Oct 1, 2026 · listed by Laviano & Associates Real Esta
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Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- SW Lake Grove Circle (20 homes on record)
- SW Lake Grove Circle (5 homes on record)
Recent Developments in Lake Grove
Development, infrastructure, retail, and school activity affecting Lake Grove, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.
- September 2026Development
Martin County approves limited-industrial zoning on Southeast Powerline Avenue in Hobe Sound
Commissioners voted 3-2 to rezone a property along Southeast Powerline Avenue to limited-industrial, a less intensive class than the general industrial designation first proposed. The county said the existing zoning was outdated and that no data center is planned. Any proposal over 100,000 square feet would need board approval.
What it may mean for the marketLimited-industrial zoning could add light industrial space and local jobs in Hobe Sound while capping the scale of future uses. The project is about 14 miles east of Lake Grove, elsewhere in Martin County.
Source: WFLX (FOX 29) - August 2026Infrastructure
Federal government awards $79 million for St. Lucie River Bridge replacement in Stuart; Brightline station grant denied
The century-old St. Lucie River Bridge replacement received $79 million in federal funding. The federal Intercity Passenger Rail Program did not fund a proposed Brightline station in downtown Stuart. Martin County said it welcomed the bridge funding.
What it may mean for the marketBridge replacement funding supports a key rail and river crossing, while the denied grant leaves the timing of a Stuart passenger rail stop uncertain. The site is about 9 miles northeast of Lake Grove.
Source: WJNO (iHeart)
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.
Frequently Asked Questions
What is the median home price in Lake Grove?
How long do homes in Lake Grove take to sell?
How many homes are in Lake Grove?
What share of Lake Grove is owner-occupied?
When were the homes in Lake Grove built?
Who is the best real estate agent for Lake Grove?
How do I find a top Palm City real estate agent who knows Lake Grove?
Can Momentum Realty connect me with an agent for Lake Grove?
Where is Lake Grove, and what county is it in?
Should you buy in Lake Grove?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Beaches MLS, refreshed twice daily (last: October 14, 2026) |
| Community market stats | Beaches MLS closed sales, 12-month windows ending September 20, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (1 streets, ZIP 34990)) |
| Under-contract shares | Beaches MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2001 (50 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?
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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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See how Lake Grove fits the bigger picture — live prices, inventory, and Momentum Scores:
More on Lake Grove
- Home values · What homes in Lake Grove actually sell for
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