Pine Ridge At Martin Downs Condo in Palm City

Pine Ridge At Martin Downs
Condos for Sale in Palm City, FL

All 299 homes for sale in Palm City, FL · median $650,000 · 35 condos for sale in Palm City · 325 homes for sale in 34990 · Martin County homes for sale

Community in Palm City · Martin County · ZIP 34990
Median sale $184K
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Photo via Beaches MLS

Built fromLive Beaches MLS data11 years of closingsUpdated twice daily

As of October 2026, Pine Ridge At Martin Downs Condo in Palm City, FL has 5 homes for sale and 3 pending, asking from $185,000 to $269,000 (median $225,000). Over the 12 months ending 2026-09-20, 4 recorded sales closed at a median of $184,000, $146 per square foot, a median 69 days on market, sellers accepting 89% of original asking (-6% versus the prior year). Homes listed or recently sold were built 1986–1995; 14 of 14 report an HOA (median $611/mo); 7 of the 14 geocoded homes sit in a FEMA special flood hazard zone (median elevation 6 ft). At the median price and Martin County's FY2025-26 rate of 15.47 mills, annual property tax runs about $2,850 ($2,240 with the full homestead exemption).

Part of the Martin Downs master-planned community in Palm City, FL — see all Martin Downs homes for sale (20 listings across 7 villages and sections in the MLS).

Last 30 days in Pine Ridge At Martin Downs: 1 new listing (median asking $269,000), 3 under contract right now, 3 closed sales (median $185,000). As of October 12, 2026, 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.

Live · Pine Ridge At Martin Downs Condo Housing Pulse Beaches MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$184K ▼
Median sold · 12 mo
down 6.4% vs the prior 12 months
-6.4% ▼
1-yr price change
n = 4 and 6 sales in the two windows
$146/sf
Sold $/sqft · 12 mo
peak $201 in 2025
88.9%
Sale vs ask
Tempo
21.0mo
Supply
3 to 6 months is the balanced band
70days
Median DOM · closed
50 days at the 2025 low
30%
Under contract
Martin: 24% (398 of 1,681)
7 · 3
For sale · pending
live counts, refreshed twice daily
4
Sold · last 12 mo
10-yr average: about 2 a year
Track record · 11 years of records
1,290sqft
Median sold home size
12-mo windows, closed sales

Homes For Sale Right Now in Pine Ridge At Martin Downs Condo

Live MLS inventory for Pine Ridge At Martin Downs Condo. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Pine Ridge At Martin Downs Condo listings as of 2026-10-12, priced high to low. 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. Tap any home to ask about it.

Jon Brooks, founder of Momentum Realty
Jon's Current Read

Pine Ridge At Martin Downs Condo is a small-volume condominium community in Palm City with a median price of $185K and a median of 124 days on market. The year-over-year decline of 16.5% reflects both broader condo-market recalibration and the illiquidity typical of a community this size—three closings in the trailing window means each comp carries outsize weight, and absorption is measured in months, not weeks.

At $166.52 per square foot, pricing here is condition-driven and negotiation-heavy. Sellers need realistic expectations and should expect extended listing periods; buyers gain leverage from the slow pace but must underwrite maintenance reserves and association health carefully. This is not a flip market—it's a buy-and-hold environment where patient capital and thorough due diligence are the only rational postures.

Pine Ridge At Martin Downs Condo Housing Pulse · Momentum Research · as of September 20, 2026

Pine Ridge At Martin Downs Condo right now

🟢 Buyer-leaning market. 21.0 months of supply and 30% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Beaches MLS records, as of September 20, 2026. Confidence: Medium (10 active and pending listings, 4 closed sales in 12 months).

🟡 Off the recent peak. The trailing-12-month median ($184K) is down 6.4% from the prior 12 months ($196K). With about 2 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Beaches MLS closed sales, 12-month windows ending September 20. Confidence: Low (4 and 6 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated October 13, 2026 · Live data: Beaches MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Pine Ridge At Martin Downs Condo market snapshot (as of September 20, 2026): the median sale price is about $184K ($146 per sq ft over the trailing 12 months of closed sales), a median 70 days on market for closed sales, and 21.0 months of supply, a buyer-leaning market. The trailing-12-month median is down 6% from the prior 12 months, computed from record-level Beaches MLS closed sales (4 closings in the current window).

In ZIP 34990 (Palm City), 322 homes closed in the last 12 months at a median of $765K ($280/sq ft), up 0.5% year over year, with a median 63 days on market. Right now 54 active and 23 pending listings put supply at about 5.1 months — a balanced market. See the live ZIP 34990 housing market and the Martin County market.

BeachesMLS sales records identify 27 homes in Pine Ridge At Martin Downs Condo that have changed hands since 2013, built between 1986 and 1995 (median 1986), with a median living area of about 1,145 sq ft and a typical 2-bedroom, 2-bath layout; 74% are condominiums. Source: BeachesMLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

A low-volume condominium community in Palm City with a median close at $185K and inventory that moves slowly; pricing has contracted year-over-year, and the market favors prepared buyers willing to negotiate and wait.

Best for

  • Buyers with budgets near the median price who prioritize affordability over amenities and are comfortable with extended closing timelines
  • Investors seeking modest cash-flow opportunities who can absorb illiquidity and have capital reserves for maintenance and assessments
  • Buyers looking for low-cost shelter in Palm City who plan to hold indefinitely and are not relying on near-term appreciation

Probably not for

  • Buyers who need to sell within a few years or expect the market to bail them out of a weak purchase decision
  • Anyone unwilling to conduct rigorous due diligence on unit condition, association financials, and reserve funding before closing
  • Buyers seeking resort-style amenities, quick resale optionality, or a liquid market with predictable absorption

Windows contain 0 to 6 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. 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. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
0246201620182020202220242026
0 to 6 a year; 4 in the current window.
How much local inventory is already under contract

25% of homes for sale in ZIP 34990 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-10-12).

Pine Ridge At Martin Downs Condo Market Scorecard

Buyer-leaning

Pine Ridge At Martin Downs Condo is currently a buyer-leaning market. About 21.0 months of supply, a median asking price of $215,000, and homes go under contract in about 138 days.

21.0
Months supply
$215,000
Median list
$184,000
Median sold
$201
List $/sqft
138
Days on mkt
5/3/6
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Beaches MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Listing locations from Beaches MLS. Map data © OpenStreetMap contributors.

Schools

In short
  • Martin County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Bessey Creek · Elementary
  • Hidden Oaks · Middle
  • Martin County · High

Zoned schools reflect the assignments reported on recent Pine Ridge At Martin Downs Condo listings and can change; always confirm with Martin County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Pine Ridge At Martin Downs Condo address.

If we were buying in Pine Ridge At Martin Downs Condo today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Pine Ridge At Martin Downs Condo.

Best Buy
Buyers with modest budgets and the patience to negotiate, inspect thoroughly, and wait for the right unit.
Biggest Risk
Illiquidity—listings sit for months, comps are scarce, and any sale requires a buyer willing to wait and a realistic seller.
Sweet Spot
A well-maintained unit with strong association reserves, priced near the current median, for a buyer planning to hold long-term.
Avoid If
You need to sell quickly, expect rapid appreciation, or cannot afford to underwrite deferred maintenance and assessments.

Slow absorption, narrow comps, condition is everything

Pine Ridge At Martin Downs Condo recorded three closings in the trailing period, a pace that translates to roughly one sale per month. The median days on market of 124 tells you this is not a community where properties attract multiple offers or move quickly—listings here require patience, realistic pricing, and often negotiation to close.

The 16.5% year-over-year price decline is a function of both limited comps and the broader condo-market reset. In a community this size, a single distressed sale or a motivated seller can shift the median significantly. Buyers gain leverage in this environment, but leverage is only useful if you can accurately assess unit condition, reserve funding, and association financials before you write an offer.

At $166.52 per square foot, there is a wide spread between well-maintained units and those needing work. Every condo purchase here is a negotiation on condition, and every buyer should budget for deferred maintenance or special assessments. This is not a market where you can rely on appreciation to paper over underwriting mistakes—you buy for shelter or cash flow, and you hold through the cycle.

“

The location and the amenities are priced into every listing in Pine Ridge At Martin Downs Condo. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
2.3D · Buy Score
Recent Direction4.4/10
Liquidity & Demand0.0/10
Pricing Power2.6/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (2.3). Basis: Recent Direction -6.4% year-over-year; Liquidity & Demand 21.0 months of supply; Pricing Power 88.9% sale-to-list. Refreshed with each data update.

Why work with Momentum here

Momentum Realty knows how to read thin comps and spot the red flags in condo financials. In a slow-moving, small-volume community like Pine Ridge At Martin Downs, you need an agent who will tell you when the numbers don't work, who can negotiate effectively in a buyer's market, and who understands the difference between a deal and a liability. We represent your interests with no hype and total transparency—whether you're buying or holding out for a realistic sale.

Pine Ridge At Martin Downs Condo in 15 seconds.

Best forBuyers with modest budgets and the patience to negotiate, inspect thoroughly, and wait for the right unit.
Biggest advantageThe slow pace and year-over-year decline give buyers negotiating leverage and time to conduct full due diligence.
Biggest riskIlliquidity—listings sit for months, comps are scarce, and any sale requires a buyer willing to wait and a realistic seller.
Sweet spotA well-maintained unit with strong association reserves, priced near the current median, for a buyer planning to hold long-term.
Avoid ifYou need to sell quickly, expect rapid appreciation, or cannot afford to underwrite deferred maintenance and assessments.

What it really costs to own in Pine Ridge At Martin Downs Condos for Sale

The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.

Property taxCurrent owners' bills run a median of $2,586/yr across 14 listings here (MLS tax records, 2026-10-13).
HOA duesMedian $583/month across 234 MLS listings (most billed monthly; 2026-10-13). Dues cover what the documents say they cover; ask for the budget and reserve study.
Home and flood insuranceThe average Citizens Property Insurance premium in Martin County is $2,580/yr (1,552 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction.
Roof and ageMedian build year 1986 across 14 listings. An original roof here would be about 40 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails.

Estimated carrying cost at the median asking price, before the mortgage: about $1,014/month (tax $216, HOA $583, insurance $215). An estimate from the sources above, not a quote.

Ask an agent about Pine Ridge At Martin Downs Condos for Sale

Have a question about the homes, fees, rules or commute here? A Momentum agent who works Pine Ridge At Martin Downs Condos for Sale will answer, and the answer is published on this page for the next buyer.

Property facts only: homes, fees, rules, commute. Every community is open to everyone; agents do not answer questions about who lives here.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Pine Ridge At Martin Downs Condos for Sale in Palm City, FL homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Pine Ridge At Martin Downs Condos for Sale in Palm City, FL.
In short
  • HOA dues reported around $583/month (about $6,996/yr) · median of 234 MLS listings, most billed monthly
  • Any club/amenity membership is billed separately

Listings in this community report association dues of about $583 per month ($6,996 a year) — the median AssociationFee across 234 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-10.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Pine Ridge At Martin Downs Condo sales matched to your home.

What is your Pine Ridge At Martin Downs Condo home worth?

Get a no-obligation home value based on real comparable sales in Pine Ridge At Martin Downs Condo, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.

Recently off market in Pine Ridge At Martin Downs Condo

Homes in Pine Ridge At Martin Downs Condo that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 2 on record.

Pine Ridge At Martin Downs Condo key facts
LocationPalm City, Martin County, FL · ZIP 34990
Home types (current listings and sales)condos 93%, villas 7%
Amenities listed by sellersPool, Clubhouse, Tennis Court(s), Gated - No Guard, Management, Manager On Site
Sale prices, last 12 months$184,000 median across 4 closed sales · $146 per sq ft · -6.4% vs the prior 12 months
Days on market (closed sales)69 median
For sale right now7 active, 3 pending · median asking $215,000 · 21.0 months of supply

Data as of September 20, 2026. 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. Market figures describe homes, not residents. Cite as: Momentum Realty, “Pine Ridge At Martin Downs Condo key facts,” movewithmomentum.com/neighborhoods/pine-ridge-at-martin-downs-condo, data as of September 20, 2026.

Just listed in Pine Ridge At Martin Downs Condos for Sale: 7 Units

The newest homes for sale in Pine Ridge At Martin Downs Condos for Sale: 7 Units right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.

Checked against the MLS Oct 13, 2026. All new listings in this market.

Every Home for Sale in Pine Ridge At Martin Downs Condo Right Now (8)

All 8 active and pending Pine Ridge At Martin Downs Condo listings with a detail page, newest first, refreshed twice a day from the MLS.

Recent Developments in Pine Ridge At Martin Downs Condo

Development, infrastructure, retail, and school activity affecting Pine Ridge At Martin Downs Condo, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.

  1. October 2026
    Development

    Port St. Lucie board considers rezoning for up to 1,200 homes at Wilson Grove

    The Planning and Zoning Board took up a rezoning of nearly 360 acres of agricultural land north of SW Becker Road, between SW Sundance Vista Boulevard and Rangeline Road, to a master planned unit development. The concept plan allows up to 1,200 homes plus parks, lakes and clubhouses. City Council would vote later in October.

    What it may mean for the marketUp to 1,200 new homes in western Port St. Lucie would add housing supply and increase traffic demand on Becker Road. The site is about 6 miles northwest of Pine Ridge At Martin Downs Condo.

    Source: CBS12 (WPEC)
  2. September 2026
    Development

    Martin County approves limited-industrial zoning on Southeast Powerline Avenue in Hobe Sound

    Commissioners voted 3-2 to rezone a property along Southeast Powerline Avenue to limited-industrial, a less intensive class than the general industrial designation first proposed. The county said the existing zoning was outdated and that no data center is planned. Any proposal over 100,000 square feet would need board approval.

    What it may mean for the marketLimited-industrial zoning could add light industrial space and local jobs in Hobe Sound while capping the scale of future uses. The project is about 17 miles southeast of Pine Ridge At Martin Downs Condo, elsewhere in Martin County.

    Source: WFLX (FOX 29)
  3. August 2026
    Infrastructure

    Federal government awards $79 million for St. Lucie River Bridge replacement in Stuart; Brightline station grant denied

    The century-old St. Lucie River Bridge replacement received $79 million in federal funding. The federal Intercity Passenger Rail Program did not fund a proposed Brightline station in downtown Stuart. Martin County said it welcomed the bridge funding.

    What it may mean for the marketBridge replacement funding supports a key rail and river crossing, while the denied grant leaves the timing of a Stuart passenger rail stop uncertain. The site is about 9 miles east of Pine Ridge At Martin Downs Condo.

    Source: WJNO (iHeart)

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Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

Frequently Asked Questions

What is the median home price in Pine Ridge At Martin Downs Condo?
The median sale price in Pine Ridge At Martin Downs Condo was $184K over the 12 months ending September 20, 2026 (4 closed sales, Beaches MLS).
How long do homes in Pine Ridge At Martin Downs Condo take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 70 days on market (4 sales, Beaches MLS).
Is Pine Ridge At Martin Downs Condo a buyer's or seller's market right now?
As of September 20, 2026, Pine Ridge At Martin Downs Condo leans toward buyers: 21.0 months of supply at the current sales pace (Beaches MLS live counts).
Who is the best real estate agent for Pine Ridge At Martin Downs Condo?
The best agent for Pine Ridge At Martin Downs Condo is one who actively works Palm City and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Pine Ridge At Martin Downs Condo.
How do I find a top Palm City real estate agent who knows Pine Ridge At Martin Downs Condo?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Pine Ridge At Martin Downs Condo and the wider Palm City area.
Can Momentum Realty connect me with an agent for Pine Ridge At Martin Downs Condo?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Pine Ridge At Martin Downs Condo purchase or sale - no call center and no pressure.
Where is Pine Ridge At Martin Downs, and what county is it in?
Pine Ridge At Martin Downs is in Palm City, Martin County, FL, ZIP 34990. The community's center is about 5 miles southeast of the center of Palm City (straight-line).
Buyers with budgets near the median price who prioritize affordability over amenities and are comfortable with extended closing timelinesExcellent fit
Investors seeking modest cash-flow opportunities who can absorb illiquidity and have capital reserves for maintenance and assessmentsExcellent fit
Buyers looking for low-cost shelter in Palm City who plan to hold indefinitely and are not relying on near-term appreciationExcellent fit
Buyers who need to sell within a few years or expect the market to bail them out of a weak purchase decisionProbably not
Anyone unwilling to conduct rigorous due diligence on unit condition, association financials, and reserve funding before closingProbably not
Buyers seeking resort-style amenities, quick resale optionality, or a liquid market with predictable absorptionProbably not

Data sources & freshness

Live listingsBeaches MLS, refreshed twice daily (last: October 12, 2026)
Community market statsBeaches MLS closed sales, 12-month windows ending September 20, 2026
Under-contract sharesBeaches MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2015 (17 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Beaches MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

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Nearby Communities

Explore more neighborhoods near Pine Ridge At Martin Downs with Momentum Realty’s local guides.

PRPine Ridge Martin Dwns Condo0.0 mi away · 1 for saleHHendersons0.3 mi away · 33 homes, built 1940–18MMonarch0.3 mi away · 77 homes, built 1988–01PAParkside At Martin Downs Aka0.3 mi away · 30 homes, built 1996–96PAParkside At Martin Downs0.3 mi away · 62 homes, built 1995–97, 2 for saleCLCypress Lake (Martin)0.4 mi away · median $395K, 3 sales/12 mo

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Thinking of selling in Pine Ridge At Martin Downs Condo? 4 recorded closings; median 69 days on market (window ending 2026-09-20). See the Martin County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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