Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5248 SW Anhinga Avenue Palm City, FL 34990

    View on Map
    For Sale
    $1,500,000

    LAND - Palm City, FL

    Lot size:
    1.02 Acres
    Added:
    Feb 24, 2026
    Days on Market:
    36
    Last Refresh:
    Apr 1 at 9:06 am

    Property Features for 5248 SW Anhinga Avenue

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Grassed
    Standard status
    Active
    APN
    423841001000008105
    Lot size
    1.02 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxDescription
    FOUR RIVERS LOT 81 & A STRIP OF LOT 80 BEING 364.07 S.F. & DESC IN OR 867/ 1563
    TaxAnnualAmount
    10875

    Utilities

    Water front features
    Ocean Access, River Front, Navigable Water, Canal Access
    Water front
    1

    Building Details

    Additional Structures
    Cabana

    We can help!

    Listing Contact
    Adam Brown

    Listing agent Adam Brown License #547076

    Listing office Waterfront Properties Inc 728 SE Ocean Blvd, Jupiter, FL

    Listing date Feb 24, 2026

    MLS# M20054513 Listing URL

    Copyright © 2026 Martin County REALTORS® of the Treasure Coast, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Acreage in Palm City

    This exceptional property, located in the boating community of Four Rivers in Palm City, offers just over an acre. The property features more than 350 feet of deep-water frontage and direct ocean access without fixed bridges. The center of the lot has been cleared and is ready for construction. Mature trees line the perimeter, creating a private and secluded estate setting. The property benefits from southern exposure in the backyard, along with surrounding water views and a preserve backdrop to the west. This lot presents a rare opportunity to build a custom waterfront estate.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Suggested Use

    Real Estate Agency Law Firm Accounting Firm Skin Care Clinic Auto Repair Shop Kitchen & Bath Showroom Auto Parts Store Electrical Service Home Appliance Store Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palm City
    County
    Martin
    State
    Florida
    Longitude
    -80.267247
    Latitude
    27.139904

    Nearby Similar for Sale

    • $399,000

      Palm City Acreage Homesite

      5.22-acre homesite in gated Stuart West community, Palm City.
      3280 SW Briarbrook Way, Palm City, FL 34990
      View Details
    • $550,000

      Palm City Equestrian Homesite

      Gated 5+ acre equestrian homesite in Palm City Farms.
      3800 SW Briarbrook Way, Palm City, FL 34990
      View Details
    • $399,999

      Waterfront Lot in Hemingway Estates

      2+ acre ocean access lot in Palm City, Florida.
      10124 SW Hemingway Terrace, Palm City, FL 34990
      View Details
    • $739,000

      Waterfront Lot in Gated Community

      Rare waterfront lot to build your dream home in Palm City.
      3544 SW Rivers End Way, Palm City, FL 34990
      View Details
    • $1,675,000

      Secluded Palm City Residential Lot

      Rare 1-acre lot with dock slip and architectural plans.
      3233 NW Dockage Way, Palm City, FL 34990
      View Details
    • $799,000

      Palm City Lakefront Residential Lot

      Residential lake community lot designed for tournament water skiing.
      6351 SW Pentalago Circle, Palm City, FL 34990
      View Details
    • $549,000

      Palm City Lakefront Residential Lot

      Residential lake community designed for tournament water skiing in Palm City.
      6100 SW Pentalago Circle, Palm City, FL 34990
      View Details
    • $1,200,000

      Palm City Equestrian Dream Property

      10-acre residential land ideal for equestrian dream home.
      000 54th, Palm City, FL 34990
      View Details
    • $198,500

      Vacant Lot in Palm City

      Prime .25-acre lot in desirable Seagate Harbor community.
      532 SW Marion Court, Palm City, FL 34990
      View Details
    • $1,950,000

      Secluded Acreage in Palm City

      139+ acres of pristine land perfect for recreation and investment.
      Unassigned SW Palm City Boulevard, Palm City, FL 34990
      View Details
    • $950,000

      5-Acre Land in Stuart West

      Rare 5-acre opportunity in the exclusive gated community.
      2700 SW Stuart Blvd, Palm City, FL 34990
      View Details
    • $2,100,000
      7,000 SF

      Palm City Flex/Industrial Condo

      2,566 SF flex/industrial condo in Palm City, Florida.
      2340 SW Poma Dr, Palm City, FL
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - Rare waterfront lot with direct ocean access in Palm City.
    Where is this waterfront land located?
    The property is located at 5248 SW Anhinga Avenue Palm City, FL.
    What is the asking price?
    The asking price for this property is $1,500,000.
    (772) 403-2408
    We can help!
    Listing Contact
    Adam Brown
    Real Estate License ID: 547076
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!