Pine Ridge Condos in Palm City July 2019 Market Report
There is only 1 condo for sale in Pine Ridge at Martin Downs in Palm City FL for July 2019. The list price is $165,900 or $113.01 per sq. ft. of living area.
There are 2 condos currently under contract. List prices were $129,900 and $159,900. This is an average list price of $144,900 which works out to $130.42 per sq. ft. of living area. These condos averaged 108 days on market before going under contract.
In the past 12 months, 19 condos have sold in Pine Ridge. Sales prices ranged from a low of $94,000 up to a high of $165,000. This works out to average sales price of $136,495 which equals $109.04 per sq. ft. of living area. These condos sold for an average of 96% of list price and were on the market for an average of 22 days before going under contract.
About the Pine Ridge Condos at Martin Downs:
The Pine Ridge Condos at Martin Downs is a wonderful gated complex in Palm City. Entrance is through the gates at Matheson Ave on the south side of Martin Downs Blvd, just south of the Monarch Golf Club. Very well located close to Florida’s Turnpike as well as shopping and just a short ride to downtown Stuart and the waterways as well as golf courses that Martin County offers.
Pine Ridge was built from 1986 through 1995 and consists of both condos as well as villas. There are numerous floor plans ranging from 3 bedroom, 2 bath units with 1486 sq. ft. of living area to 2 bedroom, 2 bath of 1111 sq. ft. down to 830 sq. ft. 1 bedroom, 1 bath condos. Some condos come with a detached garage while the rest have assigned parking along with lots of space for guest parking as well.
There are two lakes on the grounds as well as a community swimming pool, tennis courts, and a bocce court. Two small pets are permitted. And, no trucks or motorcycles are allowed. As of July 2019, the condo association fees ranged from $290 to $390 per month depending on the size and location of the condo.
This is a wonderful community welcoming all ages and one of the most affordable options for those wishing to live in Palm City. Especially desirable for young families who wish to take advantage of Palm City’s ‘A’ rated schools.
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For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com
For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.
