$269,000
1559 SW Waterfall Boulevard
Explore the area: Palm City homes for sale · Martin County real estate
Price Check
How this price compares
- Asking price
- $269,000
- Price per sq ft
- $242
- Vs. nearby sales
- 8% below
- Days on market
- 97
This 2-bedroom single-family home in The Meadows At Martin Downs went under contract with an asking price of $269,000, or $242 per square foot. The asking price has come down 15.9% from its original $320,000. It spent 97 days on the market before going under contract. The 4 most recent single-family home sales in the closings shown below sold at a median of $263 per square foot, so the asking price was 8% below what comparable homes here actually sold for.
Estimated monthly payment
$1,414 /mo
Principal and interest only, based on $53,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $449/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $269,000
- Days on Site
- 97 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,111 sqft
- Total Sq Ft
- 1,255 sqft
- Lot Size
- 0.05 Acres
- Year Built
- 1992
- Property Type
- Single Family
- MLS #
- B26033724
- Property Tax
- $4,000 (2025)
- HOA Fees
- $449 / Monthly
- Subdivision
- THE MEADOWS AT MARTIN DOWNS
- County
- Martin
- Status
- Under Contract
- Special Conditions
- Standard
About This Property
OVER $30K in UPGRADES - NEW AC, NEW PLUMBING, NEW APPLIANCES! This fully updated 2/2 villa in The Meadows is truly move-in ready. All new plumbing throughout, with polybutylene replaced by PEX and a new water heater, valves, and lines. New Carrier AC, new stainless steel kitchen appliances, new washer/dryer, new Kohler toilets and faucets, and new whole-house LED lighting. Metal roof and accordion hurricane shutters in place. Tile flooring throughout, vaulted ceilings, built-in shelves, and an open kitchen flowing into a spacious screened lanai. Two prime parking spots right in front of the unit. 24-hour manned gate, pool, tennis, pickleball, bocce, playground, and top-rated Palm City schools. Minutes to I-95, the Turnpike, and beaches.
Virtual TourGeneral Features
- Property Type
- Single Family
- Status
- Under Contract
- Year Built
- 1992
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- One
- Parking
- Assigned / Guest
- Direction Faces
- North
- Lot Size (Acres)
- 0.05
- Living Sq Ft
- 1,111
- Total Sq Ft
- 1,255
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- RES
Interior Features
- Appliances
- Dishwasher / Electric Range / Ice Maker / Microwave / Oven / Range / Refrigerator
- Cooling
- Central Air / Ceiling Fans
- Heating
- Central
- Flooring
- Tile
- Interior Features
- Built In Features / Main Level Primary / Split Bedrooms / Vaulted Ceilings / Bar
- Laundry
- Laundry Closet
- Main Level Bedrooms
- 2
- Main Level Baths
- 2
Exterior Features
- Construction
- CBS Concrete Block Structure / Block / Concrete
- Roof
- Metal
- Exterior Features
- Courtyard
- Architectural Style
- Contemporary
- Pool Features
- Association
- Lot Features
- Less Than Quarter Acre
Community & HOA
- HOA Fee
- $449 / Monthly
- HOA Name
- The Meadows
- HOA Includes
- Common Areas / Security
- Association Amenities
- Picnic Area / Playground / Pickleball / Pool / Trails
- Community Features
- Home Owners Association / Gated
- Security
- Gated With Guard / Gated Community
- Utilities
- Sewer Connected / Water Connected
- Pets Allowed
- Number Limit / Size Limit / Yes
- Financing Terms
- Cash / Conventional / FHA / Va Loan
- Restrictions
- Ok To Lease / Rental Restriction
- MLS Area
- 6090 - Palm City
This home's HOA fee works out to $449 a month, in line with the $432 median across 4 homes for sale in The Meadows At Martin Downs. See The Meadows At Martin Downs HOA fees
Schools
- Elementary School
- Bessey Creek
- Middle School
- Hidden Oaks
- High School
- Martin County
About the Community
The Meadows At Martin Downs is a gated community in Palm City, Martin County, Florida. Active listings are priced from $275,000 to $572,500. Homes were built between 1989 and 1993. Pure Equity lists homes in The Meadows At Martin Downs and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 4
- Median List Price
- $387,445
- Median $/Sq Ft
- $235
- Avg Days on Market
- 56
Frequently Asked Questions
- How do I schedule a tour of 1559 SW Waterfall Boulevard, Palm City, FL 34990?
- Use the Tour button on this listing to request a showing of 1559 SW Waterfall Boulevard, Palm City, FL 34990. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1559 SW Waterfall Boulevard, Palm City, FL 34990 still available?
- 1559 SW Waterfall Boulevard, Palm City, FL 34990 is currently listed as Under Contract, and has been on the market 97 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1559 SW Waterfall Boulevard, Palm City, FL 34990?
- With 20% down ($53,800) on the $269,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1559 SW Waterfall Boulevard, Palm City, FL 34990 is about $1,414/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1559 SW Waterfall Boulevard, Palm City, FL 34990?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1559 SW Waterfall Boulevard, Palm City, FL 34990. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 1559 SW Waterfall Boulevard, Palm City, FL 34990 have an HOA fee?
- Yes: 1559 SW Waterfall Boulevard, Palm City, FL 34990 carries an HOA fee of about $449 monthly (The Meadows). HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 1559 SW Waterfall Boulevard, Palm City, FL 34990?
- 1559 SW Waterfall Boulevard, Palm City, FL 34990 is zoned for Bessey Creek (elementary), Hidden Oaks (middle), Martin County (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 1559 SW Waterfall Boulevard, Palm City, FL 34990?
- Often, yes. The right offer on 1559 SW Waterfall Boulevard, Palm City, FL 34990 depends on how it's priced against comparable single family sales in Palm City, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of LPT Realty, LLC
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$269,000
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Listed by Joshua Steppling, LPT Realty, LLC
Map & Location
Cities in Martin County
Zip Codes in Martin County
Property Types
Recent Sales
Recently sold homes in The Meadows At Martin Downs
These are the last 6 recorded closings in The Meadows At Martin Downs, with the price each home actually sold for rather than what it was listed at. They closed at a median of $256 per square foot. The most recent closed on October 1, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$500,000
Sold · October 1, 2026
2857 SW Brighton Way
3 bed · 2 bath · 1,952 sqft · $256/sqft
$25,000 under the asking price
Sold$440,000
Sold · September 24, 2026
2913 SW Brighton Way
3 bed · 2 bath · 1,952 sqft · $225/sqft
$10,000 under the asking price
Sold$245,000
Sold · September 8, 2026
2846 SW Lakemont Place
2 bed · 2.5 bath · 1,374 sqft · $178/sqft
$30,000 under the asking price
Sold$225,000
Sold · August 21, 2026
2927 SW Lakemont Place
2 bed · 2.5 bath · 1,374 sqft · $164/sqft
$4,000 under the asking price
Sold$567,000
Sold · August 17, 2026
2215 SW Mayflower Drive
3 bed · 2 bath · 1,563 sqft · $363/sqft
$5,500 under the asking price
Sold$410,000
Sold · August 12, 2026
1711 SW Waterfall
2 bed · 2 bath · 1,525 sqft · $269/sqft
See every recorded sale in The Meadows At Martin Downs or find out what your The Meadows At Martin Downs home is worth.
