Back 616 Ibis Cove Pl
Off Market

616 Ibis Cove Pl

Palm Valley FL 32082

54450 sq. ft.
Land
Last sold for $1,435,000
ALEXANDRA MCGEHEEALEXANDRA MCGEHEE, last sold this property on 09 September 2025 after 87 days on market.

Overview

An exceptional and rare opportunity with this 1.25+ acre lot located in the prestigious North Island of Marsh Landing. Experience the serenity of water view living as this property is perfectly positioned to capture the natural allure of the intracoastal waterway. This prime parcel offers the ideal blend of beauty and development potential, making it the perfect spot to build your custom home! Elevated to enhance the views, surrounded by several tidal streams and a lagoon that borders the property, this space is perfect for relaxation or outdoor entertainment with family and friends. A new bulkhead was installed in 2022, and the lot is ready to build! Located just minutes from local amenities, marinas, dining, and recreation, this tranquil paradise cannot be missed!

Features

54450 sq. ft. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Palm Valley over the last 12 months, the estimated median property value of 616 Ibis Cove Pl is $1.44m.

Median value
$1.44m
Estimated value range
$335k - $8.9m
Median days on market
34
Estimated value trend
-24%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Palm Valley. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 616 Ibis Cove Pl

2025
Sold
$1,435,000
09 Sep 2025 by ALEXANDRA MCGEHEE, of PRF REALTY SALES
2021
Sold
$562,500
06 Apr 2021 by CICI J ANDERSON, of Marsh Landing Country Club Realty Llc

Happy sellers in Palm Valley

84%
84% of sellers in Palm Valley reported that their sale price either exceeded or met their price expectations.

Palm Valley stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 12 reviews in Palm Valley over the last 12 months.

Local market activity for land plots in Palm Valley

In the last 12 months, 16 land plots similar to 616 Ibis Cove Pl, have been sold.

This represents a 23% increase in land plots sales when compared to the previous 12 months.

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