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2732 SW Matheson Avenue #112-b2, Palm City, FL, 34990

2beds
2baths
1,111sqft
$209,000
$188price/sqft
$1,731/moest. monthly cost
$69,240/yrincome needed

About This Home

SELLER OFFERING BUYER CREDIT! Welcome to this clean 2 Bedroom 2 Bath second floor condo in the desirable gated community of Pine Ridge at Martin Downs. Enjoy the community amenities which include community pool, hot tub, tennis courts, & community room. Dishwasher 2025, AC 2018, Water Heater 2019. Walking distance to Bessey Creek Elementary School, Cummings Library, Publix, Restaurants, Shopping & More!

Getting Around

34
WalkingCar-Dependent
0
TransitVery Limited Transit
43
BikeSomewhat Bikeable

Schools

9/10
7/10
5/10
Martin County High SchoolGrades 9-121.6 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1986

Materials

  • Roof: Barrel
  • Construction materials: Block

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Electric Range,Microwave,Refrigerator,Washer
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Features

  • None,Walk-In Closet(s)
  • Flooring: Carpet

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,111
  • Total interior livable area: 1,111 sqft

Kitchen

  • Level: Main
  • Area: 144
  • Dimensions: 12 X 12

Kitchen

  • Level: Main
  • Area: 144
  • Dimensions: 12 X 12

Living Room

  • Level: Main
  • Area: 192
  • Dimensions: 16 X 12

Living Room

  • Level: Main
  • Area: 192
  • Dimensions: 16 X 12

Master Bedroom

  • Level: Main
  • Area: 180
  • Dimensions: 15 X 12

Master Bedroom

  • Level: Main
  • Area: 180
  • Dimensions: 15 X 12

Property

Details

  • Parcel number: 183841015112000226
  • Zoning: Residential

Features

  • Pool features: Association
  • Patio & porch: Patio,Screened
  • Exterior features: Outdoor Living Area
  • Waterfront features: None

Parking

  • Parking features: Assigned,Guest

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Lightning
    LightningVery High
  • Coastal Flooding
    Coastal FloodingModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Coastal Flooding
Inland Flooding
Strong Wind
Tornado
Tsunami

FEMA Declared Disasters in Martin County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,056$12,672
Home Insurance *$178$2,136
Property Taxes $300$3,600
Electricity $197$2,366
Total$1,731$20,772
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$59,348/yr
40% on housing$51,930/yr
45% on housing$46,160/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.8%
14.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$188This listing

vs Other Active Listings

Avg $/sqft

ZIP 34990$291
Martin County$354

vs Homes Sold Last Month

Median $/sqft

ZIP 34990$285
Martin County$295

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-13Price change$209,000
2026-05-13Listed for rent$1,900
2025-08-17Listing removed$1,800
2025-07-01Listed for rent$1,800
2025-05-05Listed for sale$219,000
1995-04-05Sold$58,000

For Sale by Agent

AgentLauren Anzalotti
BrokerageDivito Real Estate Group

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