A condominium community in Martin Downs, Palm City, Florida
Pine Ridge at Martin Downs, Palm City
About 296 condominium homes in Martin Downs, unincorporated Palm City, built in phases from 1986 to 1995 on SW Silver Pine Way and SW Matheson Avenue.
Homes, years and sizes: Martin County property records (2025 tax roll).
Overview
About Pine Ridge at Martin Downs
Pine Ridge at Martin Downs is a condominium community inside Martin Downs, the Palm City master plan begun in the mid-1970s. It went up in phases: the county roll dates the first buildings to 1986 and the last to 1995.
The roll counts about 296 condominium homes, recorded as Pine Ridge Condominium at Martin Downs and Pine Ridge at Martin Downs Villages, in numbered buildings on SW Silver Pine Way and SW Matheson Avenue. Most units have about 1,130 square feet of living area, from about 840 to about 1,490.
More than half were finished in 1986, with further phases in 1987 and 1988 and a last group from 1992 to 1995. Buildings of this age have their own reserve and inspection questions, so we read the budget, the reserve study and any milestone inspection for the building you are considering.
It sits in the eastern part of Martin Downs, next to Monarch Country Club and close to Whispering Sound and Danforth.
At a glance
- Streets
- SW Silver Pine Way and SW Matheson Avenue
- Home type
- Condominiums
- Built
- Mostly 1986 to 1993
- Living area
- About 1,130 to 1,490 sq ft
- Zip code
- 34990
- County
- Martin County
- Association
- Pine Ridge at Martin Downs Village I Condominium Association, Inc.
On the market now
Homes for Sale in Pine Ridge at Martin Downs
Listings inside the boundary of Pine Ridge at Martin Downs, newest first, updated through the day from BeachesMLS. Right now 15 condominiums are listed, averaging $214,000.
$228,500
New Listing
1484 SW Silver Pine Way 102B Palm City, Florida
2 Beds 2 Baths 1,170 SqFt 33.84 Acres
$225,000
New Listing
1965 SW SILVER PINE Way 118-A2 Palm City, Florida
2 Beds 2 Baths 1,130 SqFt
$165,000
New Listing
2702 SW Matheson Avenue 113-F1 Palm City, Florida
1 Beds 1 Baths 842 SqFt
$185,000
New Listing
2114 SW Silver Pine Way G1 Palm City, Florida
2 Beds 2 Baths 1,111 SqFt 33.84 Acres
$229,000
For Sale
2762 SW MATHESON Avenue 111-G1 Palm City, Florida
2 Beds 2 Baths 1,111 SqFt
$269,000
For Sale
2054 SW Silver Pine Way 123H Palm City, Florida
3 Beds 2 Baths 1,286 SqFt 33.84 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 Friday, November 6th, 2026 at 08:32:20 AM.
Closed sales
The Pine Ridge at Martin Downs Market
Closed sales inside the boundary of Pine Ridge at Martin Downs, 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.
Pine Ridge at Martin Downs recorded 10 closed sales in the twelve months through October 2026. Medians, so one unusual sale does not move them; we break the numbers out by home type for any home you are considering.
| Measure | Last 12 months | Year before | Change |
|---|---|---|---|
| Homes sold | 10 | 7 | +43% |
| Median sale price | $185,000 | $240,000 | -23% |
| Median price per sq ft | $165 | $218 | -24% |
| Middle 80% of sales | $180,000 to $230,000 | $160,000 to $318,000 | |
| Active listings now | 15 | ||
| Median asking price now | $225,000 | ||
| Months of supply now | 18.0 |
BeachesMLS closed sales inside the boundary of Pine Ridge at Martin Downs, 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 Pine Ridge at Martin Downs Association and What It Costs
Who runs the association, what governs it, and what current listings say the fee is.
| Association | Pine Ridge at Martin Downs Village I Condominium Association, Inc. |
|---|---|
| Florida corporate record | Sunbiz document N08078, filed March 11, 1985 (opens in a new tab) |
| Governed by | Chapter 718, Florida Statutes (condominiums) |
Association Fees From Current Listings
| Association fee, median | $583 a month |
|---|---|
| Typical range | $512 to $752 a month |
| Association or manager named in listings | Pine Ridge At Martin Downs |
| Usually covers | Common Areas, Cable TV, Maintenance Grounds, Reserve Fund, Security, Roof, Trash |
| Club membership | Not required |
From 28 current and recent BeachesMLS listings in Pine Ridge at Martin Downs, 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
- Condominium reserves and assessments We check the reserve study, milestone and structural inspections and any planned special assessment for the building.
- Layered associations Martin Downs communities can sit under a master association as well as their own; we confirm every assessment from the disclosure summaries.
- 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: leasing, pet and approval rules if they matter to you
- After you sign: the declaration, articles, bylaws, rules, budget and reserves, with the cancellation window Florida law sets once you receive them
- For buildings three stories or taller: milestone inspection and structural integrity reserve study status
- Before closing: the estoppel certificate from the condominium association
Where it sits
Around Pine Ridge at Martin Downs
Places nearby.
Zoned Public Schools
Pine Ridge at Martin Downs 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 Pine Ridge at Martin Downs
- 1976
The first Martin Downs course, Crane Creek, opened in December on land master-planned in the mid-1970s as Palm City Ranch; Osprey Creek followed in 1982.
- 1986
The first Pine Ridge condominium buildings were finished; more than half the units on the county roll date to this year.
- 1988
A second group of buildings followed in 1987 and 1988.
- 1995
The last phase, begun in 1992, was completed.
Sources: Martin County 2025 tax roll (Florida Department of Revenue), Hometown News: Martin Downs, January 2019; Florida Division of Corporations (Sunbiz, read 2026-10-21).
The boundary
Pine Ridge at Martin Downs on the Map
Questions
Questions Buyers Ask About Pine Ridge at Martin Downs
What do condominiums in Pine Ridge at Martin Downs cost right now?
Right now 15 condominiums are listed for sale inside Pine Ridge at Martin Downs, at an average asking price of $214,000 (about $186 per square foot), as of November 6, 2026. The market section above shows what condominiums here actually sold for over the past year.
Is Pine Ridge part of Martin Downs?
Yes. It is recorded as Pine Ridge at Martin Downs and sits in the eastern part of the Martin Downs master plan, next to Monarch.
How big are the condos in Pine Ridge?
Most units have about 1,130 square feet of living area on the county roll, from about 840 to about 1,490.
When was Pine Ridge built?
In phases from 1986 to 1995. More than half the units date to 1986, with more in 1987 and 1988 and a last phase from 1992 to 1995.
What should I check before buying a condo in Pine Ridge?
The budget, the reserve study, any milestone or structural inspection, planned assessments, and the leasing and pet rules for the building.
How many condominiums are in Pine Ridge at Martin Downs, and when were they built?
Martin County property records list 296 residential parcels in Pine Ridge at Martin Downs, most built 1986 to 1993, with a typical living area of about 1,130 square feet.
Who runs the Pine Ridge at Martin Downs association?
Pine Ridge at Martin Downs Village I Condominium Association, Inc. (Florida document N08078, filed March 11, 1985) governs the community; we confirm the current management company for each home.
What are the association fees in Pine Ridge at Martin Downs?
The fee table on this page is drawn live from current and recent listings. The seller’s disclosure, the condominium documents and the estoppel certificate confirm the exact amount for a specific home.
Is Pine Ridge at Martin Downs gated?
We have not found an official source on a gate at Pine Ridge; we confirm access for a specific unit.
Which public schools serve Pine Ridge at Martin Downs?
Pine Ridge at Martin Downs 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
Pine Ridge at Martin Downs · Palm City
Let Us Take Care of the Details
Tell us the street or the home in Pine Ridge at Martin Downs. We come back with the listings, the association’s fees and rules, and what similar condominiums 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.
