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For sale
$450,000
2beds
1,525sqft

1608 SW Waterfall Blvd, Palm City, FL 34990

2beds
1,525sqft
Single family residence
Built in 1992
2 Garage spaces
$295 price/sqft
$508/mo HOA

What's special

Lakefront livingLight-filled florida villaQuartz countertopsPicturesque oak-canopied streetsFull laundry roomCommunity poolTennis and pickleball courts

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.

4 days
|
540
|
21
|

Likely to sell faster than

Source: MIAMI,MLS#: A12079442MLS LogoOriginating MLS: A-Miami Association of REALTORS
Travel times

Living Room

Kitchen

Primary Bedroom

Zillow last checked:

Listing updated:

Listed by:

Stephanie Meeker 772-888-5048,

Illustrated Properties/Hobe So,

Jeanne DeSanctis 772-286-9642,

Illustrated Properties/Hobe So

Source: MIAMI,MLS#: A12079442MLS LogoOriginating MLS: A-Miami Association of REALTORS

Facts & 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

DateEventPrice
8/28/2026Listed for sale$450,000+11.1%$295/sqft
Source: MIAMI #A12079442 Report a problem
1/7/2022Sold$405,000+1.5%$266/sqft
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20031860 Report a problem
12/27/2021Pending sale$399,000$262/sqft
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20031860 Report a problem
12/13/2021Contingent$399,000$262/sqft
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20031860 Report a problem
12/10/2021Listed for sale$399,000$262/sqft
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20031860 Report a problem
12/4/2021Contingent$399,000$262/sqft
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20031860 Report a problem
11/17/2021Listed for sale$399,000+35.3%$262/sqft
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20031860 Report a problem
9/17/2021Sold$295,000-6.3%$193/sqft
Source: BeachesMLS #R10732814 Report a problem
8/30/2021Pending sale$315,000$207/sqft
Source: BeachesMLS #RX-10732814 Report a problem
8/25/2021Contingent$315,000$207/sqft
Source: BeachesMLS #RX-10732814 Report a problem
8/9/2021Price change$315,000-3.1%$207/sqft
Source: BeachesMLS #RX-10732814 Report a problem
7/22/2021Listed for sale$325,000+109.7%$213/sqft
Source: BeachesMLS #RX-10732814 Report a problem
3/17/2017Listing removed$1,600$1/sqft
Source: Signature Properties #RX-10304538 Report a problem
2/2/2017Listed for rent$1,600+3.2%$1/sqft
Source: Signature Properties #RX-10304538 Report a problem
4/8/2014Listing removed$1,550$1/sqft
Source: Signature Properties #RX-9990312 Report a problem
11/2/2013Listed for rent$1,550$1/sqft
Source: Signature Properties #RX-9990312 Report a problem
7/12/2013Listing removed$1,550$1/sqft
Source: Signature Properties of the Palm Beaches LLC #R3365294 Report a problem
5/7/2013Listed for rent$1,550$1/sqft
Source: Signature Properties Of The Palm Beaches #R3365294 Report a problem
4/18/2013Sold$155,000-7.1%$102/sqft
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M365953 Report a problem
2/6/2013Price change$166,900-1.8%$109/sqft
Source: Prudential Florida Realty #365953 Report a problem
12/13/2012Price change$169,900-1.2%$111/sqft
Source: Prudential Florida Realty #365953 Report a problem
10/5/2012Listed for sale$171,900-9.5%$113/sqft
Source: Prudential Florida Realty #365953 Report a problem
4/25/2009Listing removed$189,900$125/sqft
Source: Better Homes and Gardens #340008 Report a problem
12/11/2008Listed for sale$189,900-9.6%$125/sqft
Source: Better Homes and Gardens #340008 Report a problem
12/31/2003Sold$210,000+57.3%$138/sqft
Source: Public Record Report a problem
5/21/1999Sold$133,500+3.5%$88/sqft
Source: Public Record Report a problem
1/28/1999Sold$129,000+3.2%$85/sqft
Source: Public Record Report a problem
7/2/1998Sold$125,000$82/sqft
Source: Public Record Report a problem

Public tax history

YearProperty taxesTax 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

Find assessor info on the county website

Monthly payment

Est. payment
$3,439/mo
Principal & interest
$2305
Property taxes
$626
HOA Fees
$508
More affordability toolsChevron Right

Estimated market value

$425,800

$405,000 - $447,000

$2,664/mo

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 34990

Nearby schools

Bessey Creek Elementary School
Grades PK-5 • 1 miles
9/10
GreatSchools® Rating
Test Score Rating
9/10
Student Progress Rating
9/10
Hidden Oaks Middle School
Grades 6-8 • 1.4 miles
8/10
GreatSchools® Rating
Test Score Rating
8/10
Student Progress Rating
7/10
Martin County High School
Grades 9-12 • 2.7 miles
6/10
GreatSchools® Rating
Test Score Rating
6/10
College Readiness Rating
8/10
Student Progress Rating
3/10

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