A neighborhood in Martin Downs, Palm City, Florida
Ibis Point, Palm City
About 120 single-family homes in Martin Downs, unincorporated Palm City, built from 1984 to 1988 on private streets off SW Bobalink Way.
Homes, years and sizes: Martin County property records (2025 tax roll).
Overview
About Ibis Point
Ibis Point is a neighborhood of 120 houses in Martin Downs, built from 1984 to 1988 on private streets. Its association is listed as a member of the Martin Downs Property Owners Association.
Homes are close in size, about 1,580 to 1,720 square feet of living area, on lots of about a tenth of an acre. The plat is recorded at PB 9, page 93.
The Ibis Point association holds about 5 acres of private streets and 2 acres of open space on the county record, and the Martin Downs Property Owners Association holds a water management tract of about 4 acres. We confirm lake or golf views for a specific home.
It sits in the western part of Martin Downs, close to Quail Meadow, Osprey Creek and Sunset Trace, in the 34990 ZIP.
At a glance
- Streets
- SW Bobalink Way, SW Bobalink Court and SW Bobalink Circle
- Home type
- Single-family homes
- Built
- Mostly 1985 to 1987
- Living area
- About 1,580 to 1,720 sq ft
- Zip code
- 34990
- County
- Martin County
- Association
- Ibis Point Homeowners Association, Inc.
- Manager
- Advantage Property Management
On the market now
Homes for Sale in Ibis Point
Listings inside the boundary of Ibis Point, newest first, updated through the day from BeachesMLS. Right now 1 home is listed, asking $480,000.
$479,900
Active Under Contract
3251 SW Bobalink Way Palm City, Florida
3 Beds 2 Baths 1,711 SqFt 0.15 Acres
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 05:56:42 AM.
Closed sales
The Ibis Point Market
Closed sales inside the boundary of Ibis Point, 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.
No closed sales were recorded inside Ibis Point in the twelve months through October 2026. When a home here does sell, the price is set by the specific residence, so we pull every recent closing nearby for any home you are considering.
| Measure | Last 12 months | Year before | Change |
|---|---|---|---|
| Homes sold | 0 | 3 | |
| Active listings now | 1 |
BeachesMLS closed sales inside the boundary of Ibis Point, 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 Ibis Point Association and What It Costs
Who runs the association, what governs it, and what current listings say the fee is.
| Association | Ibis Point Homeowners Association, Inc. |
|---|---|
| Florida corporate record | Sunbiz document N01594, filed February 22, 1984 (opens in a new tab) |
| Management company | Advantage Property Management |
| Governed by | Chapter 720, Florida Statutes (homeowners’ associations) |
| Club | Martin Downs Golf Club and Banyan Creek Golf Club sell memberships separately from the homes as far as we have found; we confirm current terms for a specific home, and dues are on request. |
Association Fees From Current Listings
| Association fee, median | $342 a month |
|---|---|
| Typical range | $342 to $342 a month |
| Club membership | Not required |
From 1 current and recent BeachesMLS listings in Ibis Point, 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
- Layered associations The neighborhood association is a member of the Martin Downs Property Owners Association; we confirm every assessment, at both levels, from the disclosure summaries.
- Golf club Any club membership is separate from the home as far as we have found; we get current terms in writing on request.
- 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: the association disclosure summary and the parcel’s tax bill, including any non-ad valorem lines
- Before you sign: leasing and approval rules if you may rent, and architectural rules for exterior changes
- Before closing: estoppel certificates from every association that applies
Where it sits
Around Ibis Point
Places nearby.
Zoned Public Schools
Ibis Point 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 Ibis Point
- 1976
The first Martin Downs course, Crane Creek, opened in December on land master-planned in the mid-1970s as Palm City Ranch.
- 1984
Ibis Point Homeowners Association, Inc. was filed on February 22, and the first homes were finished.
- 1986
The median year built.
- 1988
The last Ibis Point homes on the county roll were completed.
Sources: Martin County 2025 tax roll (Florida Department of Revenue); Martin County GIS parcel and subdivision records (read 2026-10-21); Florida Division of Corporations (Sunbiz, read 2026-10-21); Martin Downs Property Owners Association member list; Hometown News: Martin Downs, January 2019.
The boundary
Ibis Point on the Map
Questions
Questions Buyers Ask About Ibis Point
What do homes in Ibis Point cost right now?
Right now 1 home is listed for sale inside Ibis Point, at an asking price of $480,000 (about $280 per square foot), as of November 6, 2026. The market section above shows what homes here actually sold for over the past year.
Is Ibis Point part of Martin Downs?
Yes. Ibis Point is one of the neighborhoods of Martin Downs, and its association is listed as a member of the Martin Downs Property Owners Association, the master association for the plan.
Is Ibis Point on the river?
We have not found river frontage. The county record shows a water management tract held by the Martin Downs master association, and we confirm lake or golf views for a specific home.
When was Ibis Point built?
From 1984 to 1988, according to the county roll, with the median in 1986.
Are the streets in Ibis Point private?
Yes. The county record shows the streets held by the Ibis Point association.
How many homes are in Ibis Point, and when were they built?
Martin County property records list 120 residential parcels in Ibis Point, most built 1985 to 1987, with a typical living area of about 1,710 square feet.
Who runs the Ibis Point association?
Ibis Point Homeowners Association, Inc. (Florida document N01594, filed February 22, 1984) is managed by Advantage Property Management.
What are the association fees in Ibis Point?
The fee table on this page is drawn live from current and recent listings. The seller’s disclosure, the association disclosure summary and the estoppel certificate confirm the exact amount for a specific home. Club dues, where a club applies, are on request.
Is Ibis Point gated?
We have not found an official source on a gate; we confirm access for a specific home.
Which public schools serve Ibis Point?
Ibis Point 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
Also in Palm City
- Allen’s Minor Plat
- Canoe Creek
- Charter Club at Martin Downs
- Cove View
- Harbour Pointe
- Highlands Reserve
- Lake Grove
- Margolo Estates
- Monarch Country Club
- Old Palm City
- Palm City Farms
- Pine Ridge at Martin Downs
- Rivers End
- Smaller Neighborhoods of Palm City
- The Admiralty
- The Oaks
Ibis Point · Palm City
Let Us Take Care of the Details
Tell us the street or the home in Ibis Point. We come back with the listings, the association’s fees and rules, and what similar homes 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.
