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2732 SW Matheson Avenue, Palm City, FL 34990
Active
15 Days on Market
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How this price compares

List price
$215,000
Price per sq ft
$144
Vs. nearby sales
14.8% below
Days on market
15

This 3-bedroom condo in Pine Ridge At Martin Downs Condo is listed at $215,000, or $144 per square foot. It has been on the market for 15 days. The 6 most recent condo sales in the closings shown below sold at a median of $169 per square foot, so the asking price is 14.8% below what comparable homes here actually sold for.

3
Bedrooms
2
Bathrooms
1,488
Living Sq Ft
1986
Year Built

Estimated monthly payment

$1,130 /mo

Principal and interest only, based on $43,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price
$215,000
Days on Site
15 Days
Bedrooms
3
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
1,488 sqft
Total Sq Ft
1,488 sqft
Year Built
1986
Property Type
Condo
MLS #
B26074217
Property Tax
$1,835 (2025)
HOA Fees
$2,256 / Quarterly
Subdivision
PINE RIDGE AT MARTIN DOWNS CONDO
Development
ine Ridge
County
Martin
Status
Active
Special Conditions
Standard / Listed As Is

About This Property

Welcome to this charming 3-bedroom, 2-bathroom condo nestled in a quiet gated community in the heart of Palm City! Well maintained and filled with character, this inviting home offers comfortable living with thoughtfully cared-for finishes throughout. The highlight of the home is the screened-in patio, where you can relax, dine, or enjoy your morning coffee while take in the gorgeous, peaceful lake views. The open and welcoming layout provides plenty of space for everyday living and entertaining, while the three bedrooms offer flexibility for guests, a home office. Enjoy the tranquility of a private, gated neighborhood while being conveniently located near shopping, dining, parks, top rated schools, and everything Palm City has to offer!

Virtual Tour

General Features

Property Type
Condo
Status
Active
Year Built
1986
Property Condition
Resale
Number of Stories
2
Levels
One / Two
Parking
Assigned / Guest
Direction Faces
East
Lot Size (Acres)
0
Living Sq Ft
1,488
Total Sq Ft
1,488
Structure Type
Multi Family
Sewer
Public Sewer
Water Source
Public
Zoning
residential

Interior Features

Appliances
Dishwasher / Electric Range / Electric Water Heater / Disposal / Refrigerator / Water Heater
Cooling
Central Air / Electric
Heating
Central / Electric
Flooring
Vinyl
Interior Features
Dining Area / Separate Formal Dining Room / Eat In Kitchen / Kitchen Dining Combo / Main Level Primary / Tub Shower / Walk In Closets
Laundry
Washer Hookup / Inside / Laundry Closet / Washer Dryer Install Allowed
Windows
Blinds / Drapes / Metal / Single Hung
Main Level Bedrooms
3
Main Level Baths
2
Furnished
Furnished

Exterior Features

Construction
Concrete
Roof
Barrel / Shingle
Exterior Features
Outdoor Living Area
Architectural Style
Fourplex
Pool Features
Association
Patio & Porch
Covered / Patio / Screened
Waterfront
Yes
Waterfront Features
Lake Front
View
Lake

Community & HOA

HOA Fee
$2,256 / Quarterly
HOA Includes
Common Areas / Cable Tv / Insurance / Maintenance Grounds / Recreation Facilities / Security / Trash
Association Amenities
Clubhouse / Management / Pool / Parking / Spa Hot Tub / Tennis Courts / Trails
Community Features
Gated / Property Manager On Site
Security
Gated Community / Key Card Entry / Phone Entry / Security Guard
Utilities
Electricity Available / Sewer Available / Water Available
Pets Allowed
Number Limit / Pet Restrictions / Yes
Financing Terms
Cash / Conventional
Restrictions
Buyer Approval Required
MLS Area
6090 - Palm City

This home's HOA fee works out to $752 a month, 23% above the $611 median across 11 homes for sale in Pine Ridge At Martin Downs Condo. See Pine Ridge At Martin Downs Condo HOA fees

Schools

Elementary School
Bessey Creek
Middle School
Hidden Oaks
High School
Martin County

Pine Ridge At Martin Downs Condo is a gated community in Palm City, Martin County, Florida. Active listings are priced from $179,000 to $279,000. Homes were built between 1986 and 1995. Pure Equity lists homes in Pine Ridge 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
11
Median List Price
$224,900
Median $/Sq Ft
$192
Avg Days on Market
164
View all 11 homes for sale in Pine Ridge At Martin Downs →
How do I schedule a tour of 2732 SW Matheson Avenue, Palm City, FL 34990?
Use the Tour button on this listing to request a showing of 2732 SW Matheson Avenue, 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 2732 SW Matheson Avenue, Palm City, FL 34990 still available?
2732 SW Matheson Avenue, Palm City, FL 34990 is currently listed as Active, and has been on the market 15 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 2732 SW Matheson Avenue, Palm City, FL 34990?
With 20% down ($43,000) on the $215,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 2732 SW Matheson Avenue, Palm City, FL 34990 is about $1,130/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 2732 SW Matheson Avenue, Palm City, FL 34990?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 2732 SW Matheson Avenue, 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 2732 SW Matheson Avenue, Palm City, FL 34990 have an HOA fee?
Yes: 2732 SW Matheson Avenue, Palm City, FL 34990 carries an HOA fee of about $2,256 quarterly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 2732 SW Matheson Avenue, Palm City, FL 34990?
2732 SW Matheson Avenue, 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 2732 SW Matheson Avenue, Palm City, FL 34990?
Often, yes. The right offer on 2732 SW Matheson Avenue, Palm City, FL 34990 depends on how it's priced against comparable condo 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 Compass Florida 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 September 10, 2026.

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Listed by Alyssa Ann Morris, Compass Florida LLC

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