2762 SW Matheson Avenue

Palm City, FL 34990

$260,000

$177/ft²

3Beds

2Baths

1,468Sq ft

1986Year built

CondoType

About this home

Welcome to 2762 Matheson Avenue in Martin Downs—an impeccably updated 3-bedroom, 2-bath home in one of Palm City's most sought-after gated communities. This residence blends timeless style with thoughtful renovations, including a custom kitchen with new shaker cabinets, soft-close drawers, quartz countertops, and high-end appliances. Remodeled bathrooms, plantation shutters throughout, and accordion storm shutters offer beauty and peace of mind. This home feels brand new—without the cost of new construction. Nestled in the heart of Palm City, 2762 Matheson Avenue is a true gem within the private, guard-gated community of Martin Downs one of the Treasure Coast's most celebrated neighborhoods known for its lush landscaping, top-rated schools, and close-knit lifestyle. This fully renovated 3-bedroom, 2-bathroom home showcases a level of craftsmanship and attention to detail that's rarely seen in today's market. From the moment you arrive, you'll notice how the upgrades balance elegance with functionality, offering both beauty and lasting value. Inside, the home unfolds into a spacious and bright layout where modern upgrades meet timeless design. The kitchen has been completely transformed with new white shaker cabinetry, soft-close drawers and doors, quartz countertops, and a custom island that serves as the centerpiece for both cooking and entertaining. The appliance package is brand new, designed to offer both efficiency and a sleek aesthetic. Whether you're hosting dinner or enjoying a quiet breakfast, this kitchen sets the tone for refined living. Each bathroom has been thoughtfully reimagined with designer finishes, modern fixtures, and an emphasis on comfort and spa-like serenity. The primary suite bath includes dual sinks, updated tile work, and a walk-in shower, making your morning routine feel more like a retreat. Beyond the core upgrades, this home features full accordion shutters for storm protection easy to operate and highly valued during Florida's weather seasons. Inside, elegant plantation shutters on every window offer a classic look and practical light control. Every detail in this home has been considered and executed with care. The exterior of the home is equally well-kept, with manicured landscaping and a private yard perfect for enjoying the Florida sunshine. Whether you're relaxing with a book on the patio or planning a future outdoor kitchen or garden, the outdoor potential is endless. But what truly sets this property apart is the community it's in. Martin Downs is more than just a neighborhood it's a lifestyle. Residents enjoy the security of a guard-gated entry, walkable streets lined with mature trees, and optional memberships to two exceptional golf courses: the Martin Downs Golf Club and the Banyan Creek Golf Club. The community offers sidewalks for biking and jogging, tennis courts, clubhouse access, and various social clubs and activities that foster connection. The location is ideal for those who appreciate convenience. Top-rated schools, including Bessey Creek Elementary and Hidden Oaks Middle, are nearby. Commuters will love the easy access to I-95 and the Florida Turnpike. Just a short drive away, enjoy the shops and dining of historic downtown Stuart, pristine Atlantic beaches, and boating on the St. Lucie River. Whether you're relocating, retiring, or upgrading your lifestyle, this home offers the rare combination of modern renovations, community charm, and a location that puts you at the center of everything that makes Florida living exceptional. 2762 Matheson Avenue is not just a home it's a move-in ready opportunity to live comfortably, stylishly, and securely in one of the most desirable communities in Palm City. Schedule your private showing today and come see for yourself what makes this property and Martin Downs so special.

Features

Private pool

Property details

Listing

MLS #: R11092207
Status: For sale
Listed on: May 19, 2025
Days on market: 448 days
Listing data updated: Jul 22, 2026

Interior

Beds: 3
Baths: 2
Living area: 1,468 ft²
Price per ft²: $177/ft²
Unit: 111-a2

Building & community

Type: Condo
Year built: 1986
HOA fee: $660/mo
County: Martin

Lot & exterior

Private pool: Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $1,315
Property taxes (est.): $238
Home insurance (est.): $233
Flood insurance (est.): —
HOA fee: $660

Estimated total$2,446*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?

Building structural health (SIRS)

No filing record found

We couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.

Questions about this

What is a SIRS and why does it matter?

Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.

Has this building filed its SIRS?

We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.

What is a special assessment?

A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.

What should I check before buying in this building?

Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.

Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.

Want the full structural picture of this building before you offer?