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For sale
  • Price cut: $5K (6/24)
    $245,000

    2054 SW Silver Pine Way #123d, Palm City, FL 34990

    2beds
    1,145sqft
    : 
    $2,293/mo
    Get pre-qualified
    Condominium
    Built in 1988
    -- sqft lot
    $236,200 Zestimate®
    $214/sqft
    $611/mo HOA

    What's special

    Generously sized bedroomsPrivate backyardComfortable living spacesNewer roofCovered screened-in patio
    Located in the highly desirable community of Pine Ridge at Martin Downs, this 2-bedroom, 2-bath home w/ a garage offers a wonderful opportunity to create the home of your dreams. Featuring a spacious layout with plenty of natural light, this property is ready for your personal touches and updates. The home offers comfortable living spaces, generously sized bedrooms & great potential for customization. Newer roof & A/C. Enjoy relaxing outdoors from the covered screened-in patio overlooking a private backyard, perfect for morning coffee, entertaining guests or simply enjoying the peaceful surroundings. Nestled within an established and sought-after community, residents appreciate the convenient location close to shopping, dining, golf courses, parks, and easy access to major highways.
    73 days
    |
    190
    |
    10
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Bacelo 772-210-7337,

    LPT Realty, LLC,

    Alyssa Guillermo 772-210-3650,

    LPT Realty, LLC

    Source: BeachesMLS,MLS#: B26031682MLS LogoOriginating MLS: BeachesMLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bathrooms: 2
      • Main level bedrooms: 2
      Primary bedroom
      • Level: Main
      • Area: 154
      • Dimensions: 14 X 11
      Kitchen
      • Level: Main
      • Area: 90
      • Dimensions: 15 X 6
      Living room
      • Level: Main
      • Area: 273
      • Dimensions: 21 X 13
      Heating
      • Electric
      Cooling
      • Ceiling Fan(s), Electric
      Appliances
      • Included: Dishwasher, Electric Range, Refrigerator
      • Laundry: Laundry Closet, In Kitchen, Washer Dryer Install Allowed
      Features
      • Bathtub, Living/Dining Room, Pantry, Soaking Tub, Walk-In Closet(s)
      • Flooring: Laminate
      • Windows: Skylight(s)
      • Has fireplace: No
      Interior area
      • Total structure area: 1,145
      • Total interior livable area: 1,145 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Detached, Garage
      • Garage spaces: 1
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Patio, Screened
      • Exterior features: Outdoor Living Area, Storage
      • Has view: Yes
      • View description: Garden
      Details
      • Parcel number: 183841015123000401
      • Zoning: Residential
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Concrete
      • Roof: Composition,Shingle
      Condition
      • Resale
      • New construction: No
      • Year built: 1988

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Water Connected

      Community & HOA

      Community
      • Features: Gated, Property Manager On-Site, Street Lights
      • Security: Gated Community
      • Subdivision: PINE RIDGE AT MARTIN DOWNS CONDO
      HOA
      • Has HOA: Yes
      • Amenities included: Bike Storage, Clubhouse, Management
      • Services included: Common Areas, Cable TV, Reserve Fund, Roof, Security
      • HOA fee: $611 monthly
      • HOA name: Pine Ridge at Martin Downs
      • HOA phone: 772-283-0497
      Location
      • Region: Palm City

      Financial & listing details

      • Price per square foot: $214/sqft
      • Tax assessed value: $129,549
      • Annual tax amount: $1,377
      • Date on market: 5/22/2026
      • Cumulative days on market: 73 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Electric utility on property: Yes

        Estimated market value

        $236,200

        $224,000 - $248,000

        $2,024/mo

        Price history

        DateEventPrice
        6/24/2026Price change$245,000-2%$214/sqft
        Source: BeachesMLS #B26031682 Report a problem
        5/22/2026Listed for sale$250,000+85.2%$218/sqft
        Source: BeachesMLS #B26031682 Report a problem
        1/12/2026Sold$135,000$118/sqft
        Source: Public Record Report a problem
        11/9/2017Sold$135,000+9.8%$118/sqft
        Source: Public Record Report a problem
        3/27/2015Sold$123,000+2.5%$107/sqft
        Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M379749 Report a problem
        3/12/2003Sold$120,000$105/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,377 -1%$129,549 +2.9%
        2024$1,391 +2.7%$125,898 +3%
        2023$1,355 +4.8%$122,232 +3%
        2022$1,293 +0.5%$118,672 +3%
        2021$1,287 +1.2%$115,216 +1.4%
        2020$1,272 +2.1%$113,626 +2.3%
        2019$1,246 $111,071 +1.9%
        2018$1,246 +3.1%$109,000 +2.8%
        2017$1,208 -13.9%$106,000
        2016$1,404 $106,000 +11.6%
        2015$1,404 $95,000 +5.6%
        2014$1,404 $90,000 +9.8%
        2013-- $82,000 +20.6%
        2012-- $68,000 -20.9%
        2011-- $86,000 -4.4%
        2010-- $90,000 +13.9%
        2009-- $79,000 -35.2%
        2008-- $122,000 -26.6%
        2007$1,661 +0.7%$166,100 +0.7%
        2006$1,650 $165,000 +24.4%
        2005-- $132,680
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 34990

        Getting around

        24 / 100
        Car-Dependent
        41 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Bessey Creek
        • Middle: Hidden Oaks
        • High: Martin County

        Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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