2699 SW Prospect Place, Palm City, FL 34990

$490,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,298 Status: Closed
Current Price: $490,000 List Date: 6/16/2026 Last Modified: 7/23/2026

Overview

Description

Welcome to this private single-story residence nestled in The Meadows at Martin Downs, a gated community in Palm City, FL. This thoughtfully designed home on a corner lot offers a private screened pool and comfortable living space with 3 bedrooms and 2 full bathrooms, providing ample room for various lifestyle needs. The efficient one-story layout eliminates the need for stairs while maintaining excellent functionality throughout. A two-car garage offers convenient parking and storage solutions. This single-family CBS home presents a solid foundation for those seeking a well-proportioned home in an established community with pool, kids playground and updated tennis & pickleball courts. Close to A-Rated schools, beaches, shopping, golf, I95, Turnpike, US1 & PBI Airport.

Listing Details MLS# B26041760

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
3
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
2298
Building Area Source
Other
Living Area Main
1859
Living Area Source
Public Records
Accessibility Features YN
No
Year Built
1990
Garage YN
Yes
Attached Garage YN
Yes
Garage Spaces
2
Covered Spaces
2
Parking Total
2
Gated Community YN
Yes
Lot Size Area
6969.6
Lot Size Acres
0.16
Lot Size Dimensions
7,318 sq ft
Senior Community YN
No
Land Lease YN
No
Recreation Lease YN
No
Guest House YN
No
Outdoor Living Spaces YN
Yes
Stories Total
Yes
Stories
Yes
Direction Faces
South
Fireplace YN
No
Pool Private YN
Yes
Spa YN
No
Builder Model
The Meadows
Equestrian Features YN
No
Furnished
Unfurnished
Year Roof Installed
2017

Property Features

Application Information: 1-2 Weeks Approval; Association Approval Required Association Fee Includes: Cable TV; Common Areas; Recreation Facility; Reserve Funds; Security Dining Area: Breakfast Area; Eat-In Kitchen; Florida/Dining Combination Electric: Circuit Breakers Flooring: Carpet; Ceramic Tile; Tile; Vinyl; Wood Foundation Details: Block; Slab Leasing Permitted Details: Okay To Lease; Okay To Lease With Restrictions Parking Features: Covered; Driveway; Garage Door Opener; Attached; Attached Garage; Garage Property Condition: Resale Special Listing Conditions: Standard Appliances: Dishwasher; Disposal; Dryer; Electric Range; Ice Maker; Microwave; Refrigerator; Washer; Water Heater; Range Water Heater Details: Electric Water Heater; Water Heater Owned Architectural Style: Ranch; Traditional Construction Materials: Block; CBS; Concrete; Stucco Cooling: Central Air; Paddle Fan(s) Association Type: Homeowner Association Fencing: Back Yard; Fenced Heating: Central; Electric Interior Features: Built-in Features; Cathedral Ceiling(s); Central Vacuum; French Doors; High Ceilings; Vaulted Ceiling(s) Laundry Features: In Unit; Inside; Laundry Room; Main Level; Sink Levels: One Listing Terms: Cash; Conventional; FHA; VA Loan Main Living Area: Entry Level Membership: No Membership Available Pets Allowed YN: Yes Pets Allowed: Cats OK; Dogs OK; Number Limit Pool Features: Chlorination - Auto; Fenced; Heated; In Ground; Private; Screen Enclosure Possession: Close Of Escrow Restrictions: Buyer Approval Required; Lease Restrictions; Parking - No Boat; Parking - No Commercial Vehicles; Parking - No RV; Parking - No Trailer Other Leasing Restrictions: Tenant Approval Road Frontage Type: Private Road; West of US-1 Road Surface Type: Paved Roof: Concrete; Metal; Tile Security Features: Gated with Guard; Security Guard; Security Patrol; Smoke Detector(s) Sewer: Public Sewer Special Information: Sold As-Is Sprinkler Description: Auto Sprinkler Storm Protection Details: Storm Shutters Structure Type: House Tax Information: City/County; Homestead Exemption Unit Description: Corner/End Unit Utilities: Cable Available; Electricity Available; Sewer Available; Water Available Water Access: None Water Source: Public Window Features: Blinds; Shutters Showing Requirements: Appointment Only; Lockbox; No Sign; Schedule Online; Security Gate; Security Guard Outdoor Living Spaces: Patio; Porch Patio Details: Patio - Covered; Patio - Screened Porch Details: Porch - Screened Contingencies: Appraisal; Inspection Room Types: Bedroom 2; Bedroom 3; Dining Room; Florida Room; Kitchen; Living Room; Master Bedroom Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
485000
Negotiable Seller Concessions YN
Yes
Occupant Type
Vacant
Listing Service
Full Service
Seller Represented YN
Yes

Location and Legal

Country
United States
County Or Parish
Martin
Street Number
2699
Street Direction Prefix
SW
Street Name
Prospect
Street Suffix
Place
Municipality Type
Unincorporated
State Or Province
FL
Postal Code
34990
Postal Code +4
7520
Subdivision Name
THE MEADOWS AT MARTIN DOWNS
Development Name
Meadows Prcl 61 & 61a
Area
6090 - Palm City
Geographic Area
MRTC - Martin County
Elementary School
Bessey Creek
Middle Or Junior School
Hidden Oaks
High School
Martin County
Special Assessment YN
No
Parcel Number
123840010000004201
Subdivision Number
10
Zoning
PUD-R
Flood Zone
X
Directions
From Martin Downs Blvd head north into community, follow Waterfall Dr and Prospect Place is on right side of Road, first home on left.
Multiple Offers Accepted
Yes

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
1186
Association Fee Frequency
Quarterly
Association Membership
Mandatory
Association Reserves YN
Yes
Application Required YN
Yes
Association Name
The Meadows at Martin Downs
Association Phone
772-283-2250
Association Email
meadowsoffice@meadows-hoa.com
Association Website
www.themeadowsatmartindowns.com
Master Association YN
No
Estimated Monthly Assoc Recurring Fee
396
Membership Fee Required YN
No
Tax Annual Amount
4465.7
Tax Year
2025
Tax Legal Description
PARCEL 61 AT THE MEADOWS LOT 42

Status Change Information

Major Change Timestamp
2026-07-23T20:46:50Z
Major Change Type
Status Change
Status Change Date
2026-07-23
Under Contract Date
2026-06-19
Close Date
2026-07-23
Close Price
490000
Buyer Financing
Conventional

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Leasing Permitted Details

Leasing Permitted YN
Yes

Parking Information

Open Parking Spaces
2

Boat and Dock Information

Dock
No

Capital Contributions

Capital Contributions YN
No

Co-Ownership

Property Management YN
Yes
Property Management Name
The Meadows
Property Management Phone
772-283-2250
Property Management Email
meadowsoffice@meadows-hoa.com

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
3

Pet Details

Maximum Number Of Pets
2
Pet Fee YN
No

Pool Size Details

Pool Size (WxL)
30 x 15

Qualifying Requirements

Minimum Credit Score YN
No

Leasing Restrictions

Leasing - Max Times Per Year
Yes
Leasing - Minimum Number of Days
120

Storm Protection

Panel Shutters
Complete

Buyer Details

Intended Use
Primary Residence

Room Types

Bedroom 2 Level
Main
Bedroom 3 Level
Main
Dining Room Level
Main
Florida Room Level
Main
Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Main

Price Calculations

Current Price To SqFt
260.89

Originating Details

Originating System Key
20260612160258122300000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level
Kitchen 19.00 9.00 Main
Florida Room 27.00 10.00 Main
Living Room 17.00 18.00 Main
Dining Room 9.00 12.00 Main
Master Bedroom 12.00 16.00 Main
Bedroom 2 12.00 13.00 Main
Bedroom 3 13.00 11.00 Main
IDX
Listing Office: The Keyes Company (Tequesta)
Source MLS Verified
Last Updated: July - 23 - 2026
Broker Attribution: Stevefroggatt@gmail.com

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