A condominium in Palm City, Florida
The Admiralty, Palm City
A condominium of 47 homes in five buildings on SW Chapman Way in Palm City, built in two stages, in 1989 to 1990 and in 2005, in unincorporated Martin County.
Homes, years and sizes: Martin County property records (2025 tax roll).
Overview
About The Admiralty
The Admiralty is a small condominium on SW Chapman Way, on the river side of Palm City. It went up in two stages fifteen years apart: three buildings in 1989 and 1990, and two more in 2005.
The county roll counts 47 condominium homes in five numbered buildings. Building 3 dates to 1989, Buildings 4 and 5 to 1990, and Buildings 1 and 2 to 2005. Units are large for a condominium, about 2,500 square feet of living area for a typical one, most between about 1,790 and 2,980.
Because the buildings are of two ages, the questions differ by building. We read the budget, the reserve study and any milestone or structural inspection for the building you are considering, along with the leasing and pet rules.
It is in unincorporated Martin County with a Palm City address in the 34990 ZIP, a short drive from the Palm City Bridge to downtown Stuart. Hamilton Place and The Crossings are the nearest neighborhoods with their own pages.
At a glance
- Streets
- SW Chapman Way
- Home type
- Condominiums
- Built
- Mostly 1989 to 2005
- Living area
- About 1,780 to 2,980 sq ft
- Zip code
- 34990
- County
- Martin County
- Association
- The Admiralty, a Condominium (name as recorded with Martin County)
On the market now
Homes for Sale in The Admiralty
Listings inside the boundary of The Admiralty, newest first, updated through the day from BeachesMLS. Right now 2 condominiums are listed, averaging $1,299,000.
$1,299,000
New Listing
1130 SW CHAPMAN Way 503 Palm City, Florida
3 Beds 4 Baths 2,690 SqFt
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. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than Douglas Elliman Real Estate are identified with the listing firm’s name on each listing’s detail page. Listing data last updated Thursday, November 5th, 2026 at 03:14:33 AM.
Closed sales
The Admiralty Market
Closed sales inside the boundary of The Admiralty, every home type together. Medians and the middle range say more than any average, and in a community this size a single unusual sale can move a year.
Three closed sales in twelve months is a thin sample, so read the median as a marker, not a price for any one home. We pull every closing here for any home you are considering.
| Measure | Last 12 months | Year before | Change |
|---|---|---|---|
| Homes sold | 3 | 1 | +200% |
| Median sale price | $890,000 | $745,000 | +19% |
| Median price per sq ft | $308 | $405 | -24% |
| Active listings now | 2 | ||
| Months of supply now | 8.0 |
BeachesMLS closed sales inside the boundary of The Admiralty, twelve months through October 2026, via IDX Broker. Active listings now is live from the MLS feed; the median asking price updates monthly. Listing information deemed reliable but not guaranteed.
Association and costs
The Admiralty Association and What It Costs
Who runs the association, what governs it, and what current listings say the fee is.
| Association | The Admiralty, a Condominium (name as recorded with Martin County) |
|---|---|
| Governed by | Chapter 718, Florida Statutes (condominiums) |
| Water | The Admiralty is near the St. Lucie River; we confirm any boat slip, dock rights and their rules for a specific unit. |
Association Fees From Current Listings
| Association fee, median | $2,259 a month |
|---|---|
| Typical range | $2,047 to $2,469 a month |
| Usually covers | Common Areas, Cable TV, Insurance, Maintenance Grounds, Recreation Facilities, Trash, Pool(s), Reserve Fund |
| Club membership | Not required |
From 3 current and recent BeachesMLS listings in The Admiralty, via IDX Broker, refreshed weekly. Fees are monthly equivalents of the association fees in each listing; condo, master and sub-association fees can stack. The recorded documents, the current budget and the estoppel govern.
What Else to Check
- Boat slips Any slip or dock right is set by the condominium documents, not by the unit alone; we confirm whether one goes with a specific unit and what it costs.
- Taxes and insurance After a sale the assessed value resets the following January. Flood zone and roof age drive insurance quotes, so we check both for the address.
- Estoppel The closing agent orders an estoppel certificate from each association, which confirms what is owed at closing.
Documents to Review Before Closing
- Before you sign: leasing, pet and approval rules if they matter to you
- After you sign: the declaration, articles, bylaws, rules, budget and reserves, with the cancellation window Florida law sets once you receive them
- For buildings three stories or taller: milestone inspection and structural integrity reserve study status
- Before closing: the estoppel certificate from the condominium association
Where it sits
Around The Admiralty
Places nearby.
Zoned Public Schools
The Admiralty is in Martin County, so public schools are assigned by the Martin County School District by address. We confirm the zoned elementary, middle and high school for the home you are considering.
How it came to be
A Short History of The Admiralty
- 1925
Martin County was created from parts of Palm Beach and St. Lucie counties.
- 1989
Building 3, the first of The Admiralty’s buildings, was finished, according to the county roll.
- 1990
Buildings 4 and 5 were finished, 20 units in all.
- 2005
Buildings 1 and 2 added 18 units, completing the five buildings on the roll.
Sources: Martin County 2025 tax roll (Florida Department of Revenue), Martin County GIS, State Archives of Florida (Martin County creation, 1925).
The boundary
The Admiralty on the Map
Questions
Questions Buyers Ask About The Admiralty
What do condominiums in The Admiralty cost right now?
Right now 2 condominiums are listed for sale inside The Admiralty, at an average asking price of $1,299,000 (about $483 per square foot), as of November 6, 2026. The market section above shows what condominiums here actually sold for over the past year.
How many units are in The Admiralty?
The county roll lists 47 condominium units in five buildings on SW Chapman Way.
When was The Admiralty built?
In two stages: Buildings 3, 4 and 5 in 1989 and 1990, and Buildings 1 and 2 in 2005, according to the county roll.
How big are the condos at The Admiralty?
A typical unit has about 2,500 square feet of living area on the county roll, most between about 1,790 and 2,980.
Do units at The Admiralty come with a boat slip?
Not automatically. Slip and dock rights are set by the condominium documents; we confirm them for a specific unit.
What should I check before buying a condo at The Admiralty?
The budget, the reserve study, any milestone or structural inspection and planned assessments for the building, plus the leasing and pet rules.
How many condominiums are in The Admiralty, and when were they built?
Martin County property records list 47 residential parcels in The Admiralty, most built 1989 to 2005, with a typical living area of about 2,500 square feet.
Who runs the The Admiralty association?
The Admiralty, a Condominium (name as recorded with Martin County) governs the community; we confirm the current management company for each home.
What are the association fees in The Admiralty?
The fee table on this page is drawn live from current and recent listings. The seller’s disclosure, the condominium documents and the estoppel certificate confirm the exact amount for a specific home.
Is The Admiralty gated?
We have not found an official source confirming a gate; we confirm access for a specific unit.
Which public schools serve The Admiralty?
The Admiralty is in Martin County, so public schools are assigned by the Martin County School District by address. We confirm the zoned elementary, middle and high school for the home you are considering.
Keep Exploring
More Palm City Neighborhood Guides
The Admiralty · Palm City
Let Us Take Care of the Details
Tell us the street or the home in The Admiralty. We come back with the listings, the association’s fees and rules, and what similar condominiums sold for, then arrange the visits and coordinate every step to closing day.
Monika Phillips, Sales Associate, Douglas Elliman Real Estate
- Association fees, rules and documents gathered for each home
- Leasing and approval rules pulled up front
- Tax bill and flood zone checked for the address
- One team from the first look to closing day
Home counts, years built and sizes come from Martin County property records (2025 tax roll); association records from the Florida Division of Corporations. Listing and sales data from BeachesMLS via IDX is deemed reliable but not guaranteed; listings may be held by brokerages other than Douglas Elliman. Association fees shown come from current and recent listings and can differ from the association’s budget; recorded documents and the associations’ own figures control. Verify anything that matters to your decision with the source. Monika Phillips, Sales Associate, Douglas Elliman Real Estate. Equal Housing Opportunity.
