Condo in 2703 SW Matheson Avenue 116-b1, Palm City, FL 34990 for rent with MLS# B26035787

Welcome to your waterfront condominium in Pine Ridge at Martin Downs in Palm City, Florida. This single-story one-bedroom, one-bathroom home offers 842 square feet of finished living space in a thoughtfully designed condo community. The waterfront location provides a unique lifestyle benefit with direct water access. Whether you're seeking a pied-à-terre, an investment property, or a streamlined residence, this efficiently-sized unit delivers practical living with waterfront appeal. Discover the convenient coastal living opportunity that awaits you at Pine Ridge at Martin Downs. Unit is currently tenant occupied, until July 2026

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2703 SW Matheson Avenue 116-b1, Palm City, FL 34990

Price
Price:
$1,650.00 Annually
Original List Price:
$1,750.00
List Price per Sq Ft (Calculated, Approx.):
$1.95
Frequency:
Annually
Lease Details
Available On:
June 3, 2026
Lease Term:
12 Months
Tenant Pays:
Electricity, Water, Repairs, Cable Tv, Internet
Owner Pays:
Association Fees
Property Status and Type
Listing Type:
For Rent
Status:
Active Under Contract (An offer has been accepted, considering Backup Offers)
Contingency:
Active Under Contract
Listing Category:
Residential Lease (Rental)
Property Type:
Condominium
Description of Last Important Update:
Status Change
Last Major Update on:
July 27, 2026 5:54 pm
Rooms Distribution
Bedrooms:
1
Bathrooms Total:
1
Full Bath:
1
Room Type:
Laundry, Living Room, Master Bedroom
Master Bedroom Bath:
Whirlpool Tub, Spa Tub & Shower
Dining Area:
Dining/Living Room
Measures
Living Area:
842 Sqft
Built-Up Area:
842 Sqft
Building Area Source:
Public Records
Living Area Source:
Appraiser
Property Features
View from the Property:
Other
Waterfront:
Yes
Security:
Smoke Detector(s), Security Gate, Gated - No Guard, Entry - Phone/intercom
Furnished:
Unfurnished
Appliances:
Dryer, Dishwasher, Disposal, Refrigerator, Electric Range
Interior:
Walk-In Closet(s)
Patio and Porch:
Patio, Porch, Patio - Covered, Porch - Screened
Laundry:
Inside
Air Conditioning
Air Conditioning System:
Central Air, Ceiling Fan(s)
Heating
Heating System:
Central
Property Entrance Faces:
South
Road Responsibility:
Private Maintained Road
Unit Description:
Garden Apartment
Sprinkler Description:
Auto Sprinkler
Construction
Year Built:
1986
Roof:
Other
Levels:
One
Entry Level (floor):
1
Entry Level Location:
1st floor
Construction Materials:
Frame, Concrete
Flooring:
Carpet, Ceramic Tile
Number of stories:
1
Stories:
1
Road Frontage Type:
Private Road
Flood Zone Code:
AE,X
Parking
Parking Total Spaces:
2
Parking Features:
Assigned
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available, Underground Utilities
Community
Application Required
Application Fee:
$100.00
Application Information:
1-2 Weeks Approval, Association Approval Required, Tenant Pays Screening/appl Fees, Credit Report Required
Association Type:
Condominium
Amenities Provided by the Homeowner's Association (HOA):
Pool, Clubhouse, Pickleball Court(s)
Building Name:
116B1
Subdivision Name:
PINE RIDGE AT MARTIN DOWNS CONDO
Senior Community:
No
Development Name:
PINE RIDGE AT MARTIN DOWNS CONDO 14
Association Minimum Credit Score:
625
Association Requires a Minimum Credit Score
Restrictions:
Parking - No Rv, Parking - No Trailer, No Exterior Alterations
Zoning and Legal
Tax Legal Description:
PINE RIDGE CONDO AT MARTIN DOWNS - VILLAGE I PHASE 2 BLDG 116 UNIT B-1 AS IN DECL OR 658/197 M/CO.
Real Estate Folio Number (Parcel Number):
183841015116000218
Public Schools Assigned
Elementary School:
Westside K-8
High School:
Martin County
Middle Or Junior School:
Hidden Oaks
Listing History
Active on the market since:
June 2, 2026
Listing Agreement executed on:
June 1, 2026
Purchase Contract Date:
July 27, 2026
Price change occurred on:
June 10, 2026 5:04 pm
Listing Status Last Changed On:
July 27, 2026 5:54 pm
Photos updated on:
June 2, 2026 4:37 pm
Last Modified:
July 27, 2026 5:54 pm
Additional Information
Courtesy of:
LYNQ Real Estate
Attribution:
Not provided
Road Surface Type:
Asphalt
Location
Floor Number:
1
Street Name:
Matheson
Street Number:
2703
Unit Number:
116-b1
City:
Palm City
State:
Florida
Zip Code:
34990
County:
Martin
Latitude:
N27° 10' 16''
Longitude:
W81° 43' 24.7''
Street Suffix:
Avenue
Street Direction Prefix:
SW
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $120,407
Median Home Value $558,300
Median Rent $1,958/mo
Median Age 51
Population 29,874
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Association of REALTORS®
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