1608 SW Waterfall Blvd, Palm City, FL 34990
What's special
Enjoy peaceful lakefront living in this light-filled Florida villa situated in the gated community of The Meadows at Martin Downs. This beautifully maintained 2-bedroom, 2-bath home with a 2-car garage offers thoughtful updates, additional living space and an easy, low-maintenance Florida lifestyle. Major improvements include a 2016 metal roof, replacement of the home's polybutylene pipes in 2021, and a new A/C installed in February 2025. Inside, you'll find vinyl flooring, hardwood cabinetry, quartz countertops, stainless steel appliances and a full laundry room. The original screened room has been enclosed and is air-conditioned, creating additional year-round living space overlooking the peaceful lake. The home was freshly painted in 2025 through the HOA's scheduled exterior painting program. The HOA offers excellent value with an extensive array of included services and amenities, including high-definition TV and fiber-optic internet, front landscaping and irrigation, scheduled pressure cleaning, exterior painting, private road maintenance and a 24/7 manned gate. The Meadows also offers a community pool, tennis and pickleball courts, playground, walking and biking paths, lakes and beautifully maintained green spaces. Picturesque oak-canopied streets create a beautiful sense of arrival, all conveniently located near shopping, dining, I-95 and the Florida Turnpike. Move-in ready, beautifully situated and thoughtfully maintained—this is The Meadows lifestyle at its best.
- 51 days
- 371
- 16
Likely to sell faster than
Originating MLS: A-Miami Association of REALTORSTravel times
Living Room
Kitchen
Primary Bedroom
Zillow last checked:
Listing updated:
Stephanie Meeker 772-888-5048,
Illustrated Properties/Hobe So,
Jeanne DeSanctis 772-286-9642,
Illustrated Properties/Hobe So
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Features
- Split Bedroom, Volume Ceilings, Walk-In Closet(s)
- Flooring: Vinyl
- Windows: Hurricane Shutters
Interior area
- Total structure area: 1,966
- Total interior livable area: 1,525 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: 2 Or More Spaces, Additional Spaces Available, Guest, Garage Door Opener
- Garage spaces: 2
Features
- Entry location: First Floor Entry
- Exterior features: Other
- Pool features: Association
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake
Details
- Parcel number: 123840012000002906
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Concrete Block Construction
Condition
- Year built: 1992
Community & HOA
Community
- Security: Card Entry, Other
- Application fee: $150
- Subdivision: The Meadows At Martin Dow
HOA
- Has HOA: Yes
- Amenities included: Playground, Exterior Lighting, Pickleball, Pool, Tennis Court(s)
- HOA fee: $1,525 quarterly
Location
- Region: Palm City
Financial & listing details
- Price per square foot: $295/sqft
- Tax assessed value: $361,940
- Annual tax amount: $5,397
- Date on market: 8/28/2026
- Listing terms: All Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2026 | Listed for sale | $450,000+11.1%$295/sqft |
Source:  MIAMI #A12079442 Report a problem | ||
| 1/7/2022 | Sold | $405,000+1.5%$266/sqft |
Source:  Martin County REALTORS® of the Treasure Coast (MCRTC) #M20031860 Report a problem | ||
| 12/27/2021 | Pending sale | $399,000$262/sqft |
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20031860 Report a problem | ||
| 12/13/2021 | Contingent | $399,000$262/sqft |
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20031860 Report a problem | ||
| 12/10/2021 | Listed for sale | $399,000$262/sqft |
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20031860 Report a problem | ||
| 12/4/2021 | Contingent | $399,000$262/sqft |
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20031860 Report a problem | ||
| 11/17/2021 | Listed for sale | $399,000+35.3%$262/sqft |
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20031860 Report a problem | ||
| 9/17/2021 | Sold | $295,000-6.3%$193/sqft |
Source:  BeachesMLS #R10732814 Report a problem | ||
| 8/30/2021 | Pending sale | $315,000$207/sqft |
Source: BeachesMLS #RX-10732814 Report a problem | ||
| 8/25/2021 | Contingent | $315,000$207/sqft |
Source: BeachesMLS #RX-10732814 Report a problem | ||
| 8/9/2021 | Price change | $315,000-3.1%$207/sqft |
Source: BeachesMLS #RX-10732814 Report a problem | ||
| 7/22/2021 | Listed for sale | $325,000+109.7%$213/sqft |
Source: BeachesMLS #RX-10732814 Report a problem | ||
| 3/17/2017 | Listing removed | $1,600$1/sqft |
Source: Signature Properties #RX-10304538 Report a problem | ||
| 2/2/2017 | Listed for rent | $1,600+3.2%$1/sqft |
Source: Signature Properties #RX-10304538 Report a problem | ||
| 4/8/2014 | Listing removed | $1,550$1/sqft |
Source: Signature Properties #RX-9990312 Report a problem | ||
| 11/2/2013 | Listed for rent | $1,550$1/sqft |
Source: Signature Properties #RX-9990312 Report a problem | ||
| 7/12/2013 | Listing removed | $1,550$1/sqft |
Source: Signature Properties of the Palm Beaches LLC #R3365294 Report a problem | ||
| 5/7/2013 | Listed for rent | $1,550$1/sqft |
Source: Signature Properties Of The Palm Beaches #R3365294 Report a problem | ||
| 4/18/2013 | Sold | $155,000-7.1%$102/sqft |
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M365953 Report a problem | ||
| 2/6/2013 | Price change | $166,900-1.8%$109/sqft |
Source: Prudential Florida Realty #365953 Report a problem | ||
| 12/13/2012 | Price change | $169,900-1.2%$111/sqft |
Source: Prudential Florida Realty #365953 Report a problem | ||
| 10/5/2012 | Listed for sale | $171,900-9.5%$113/sqft |
Source: Prudential Florida Realty #365953 Report a problem | ||
| 4/25/2009 | Listing removed | $189,900$125/sqft |
Source: Better Homes and Gardens #340008 Report a problem | ||
| 12/11/2008 | Listed for sale | $189,900-9.6%$125/sqft |
Source: Better Homes and Gardens #340008 Report a problem | ||
| 12/31/2003 | Sold | $210,000+57.3%$138/sqft |
Source: Public Record Report a problem | ||
| 5/21/1999 | Sold | $133,500+3.5%$88/sqft |
Source: Public Record Report a problem | ||
| 1/28/1999 | Sold | $129,000+3.2%$85/sqft |
Source: Public Record Report a problem | ||
| 7/2/1998 | Sold | $125,000$82/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,397 -0.7% | $354,811 +2.9% |
| 2024 | $5,433 +2% | $344,812 +3% |
| 2023 | $5,325 +12.1% | $334,769 +28.3% |
| 2022 | $4,749 +18.4% | $260,980 +24.7% |
| 2021 | $4,011 +7.9% | $209,250 +7.3% |
| 2020 | $3,719 -0.4% | $195,040 +0.8% |
| 2019 | $3,735 | $193,550 +6.8% |
| 2018 | $3,735 +6.9% | $181,280 +7.7% |
| 2017 | $3,494 +35.7% | $168,270 +5.7% |
| 2016 | $2,575 | $159,180 -1.3% |
| 2015 | $2,575 | $161,290 +15.8% |
| 2014 | $2,575 | $139,330 -2.8% |
| 2013 | -- | $143,320 +8.8% |
| 2012 | -- | $131,690 -5.3% |
| 2011 | -- | $139,090 -7.4% |
| 2010 | -- | $150,180 +5.8% |
| 2009 | -- | $141,890 -10.9% |
| 2008 | -- | $159,290 -27.9% |
| 2007 | $2,210 -0.5% | $221,000 -0.5% |
| 2006 | $2,222 | $222,190 +9.5% |
| 2005 | -- | $203,000 +68.1% |
| 2004 | $1,762 | $120,728 |
| 2003 | $1,762 +2.4% | $120,728 +2.4% |
| 2002 | $1,720 +1.7% | $117,899 +1.6% |
| 2001 | $1,691 +3.2% | $116,042 +3% |
| 2000 | $1,638 +9.3% | $112,662 +6.3% |
| 1999 | $1,498 | $105,999 |
Monthly payment
Estimated market value
$426,600
$405,000 - $448,000
$2,931/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.