$190,000
$32K PRICE DROP

1605 SW Silver Pine Way Unit C1 Palm City, FL 34990

Estimated payment $1,776/month

Total Views 5,754
2 Beds
2 Baths
1,111 Sq Ft
$171 Price per Sq Ft

Highlights

  • Community Cabanas
  • Gated Community
  • Patio
  • Bessey Creek Elementary School Rated A-
  • Tennis Courts
  • Security Gate

About This Home

**OFFERING 6 months paid HOA OR $3k credit to buyers!** Lovely 2-bed, 2-bath ground-floor condo in a gated Palm City community offering safety and peace of mind. This single-story unit features a bright layout, spacious bedrooms, and a screened patio. Enjoy resort-style amenities including tennis, pickleball, a pool, hot tub, and relaxing lounge areas. Conveniently located near beaches, top schools, shopping, dining, and major highways. Perfect for year-round living and to own a piece of Martin County!

Listing Agent

Amanda Portilla

Illustrated Properties LLC License #3300991 Listed on: 05/06/2025

Illustrated Properties LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,108

Year Built

  • Built in 1986

HOA Fees

  • $513 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Barrel Roof Shape

Interior Spaces

  • 1,111 Sq Ft Home
  • 1-Story Property
  • Florida or Dining Combination
  • Security Gate

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Patio

Schools

  • Bessey Creek Elementary School
  • Hidden Oaks Middle School
  • Martin County High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 183841015110000319
  • Seller Considering Concessions

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, ground maintenance, maintenance structure, pest control, roof
  • Pine Ridge At Martin Down Subdivision

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Bocce Ball Court
  • Community Cabanas
  • Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,108

Year Built

Built in 1986

Lot Details

0

HOA Fees

$513 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: From SE Martin Downs Blvd, turn South into the community on SW Matheson, go the end and at the stop sign turn Left, 1st left, unit is down at the end on the Left.
  • Year Built: 1986
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Family/Dining Room
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Laminate, Tile
  • Living Area: 1111.0
  • Dining Room Type: Laundry
  • Stories: 1
  • Window Features: Drapes

Exterior Features

  • Exterior Features: Patio
  • Pool Features: None, Association, Community
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

  • Security: Security Gate
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 513.0
  • Community Features: Bocce Court, Gated, Pickleball, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Bocce Court, Cabana, Pickleball, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Roof

Schools

  • Elementary School: Bessey Creek
  • High School: Martin County
  • Middle Or Junior School: Hidden Oaks

Lot Info

  • Parcel #: 183841015110000319
  • Zoning Description: RES

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3108.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,108 $196,335 -- --
2024 $2,946 $178,487 -- --
2023 $2,946 $162,261 $0 $0
2022 $2,455 $147,510 $0 $147,510
2021 $1,104 $104,645 $0 $0
2020 $1,090 $103,201 $0 $0
2019 $1,065 $100,881 $0 $0
2018 $1,032 $99,000 $0 $0
2017 $1,469 $87,000 $0 $0
2016 $279 $63,441 $0 $0
2015 -- $63,000 $0 $63,000
2014 -- $57,000 $0 $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2025 09/04/25 Price Changed $190,000 -6.9% $171 / Sq Ft
08/17/2025 08/17/25 Price Changed $204,000 -2.4% $184 / Sq Ft
06/30/2025 06/30/25 Price Changed $209,000 -5.9% $188 / Sq Ft
05/06/2025 05/06/25 For Sale $222,000 -- $200 / Sq Ft
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $118,000 Patch Reef Title Co Inc
Warranty Deed $77,500 Attorney
Deed $54,500 --
Deed $1,950,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $109,600 New Conventional
Closed $114,460 New Conventional
Previous Owner $10,000 Credit Line Revolving
Source: Public Records

Source: BeachesMLS

MLS Number: R11088050

BeachesMLS

APN: 18-38-41-015-110-00031-9