Montego Cove Condo in Stuart

Montego Cove
Condos for Sale in Stuart, FL

Community in Stuart · Martin County · ZIP 34997
Median sale $211K
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Photo via Beaches MLS

Built fromLive Beaches MLS data12 years of closingsUpdated twice daily
Live · Montego Cove Condo Housing Pulse Beaches MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$211K
Median sold · 12 mo
down 38.7% vs the prior 12 months
-38.7%
1-yr price change
n = 4 and 5 sales in the two windows
$140/sf
Sold $/sqft · 12 mo
peak $205 in 2025
83.2%
Sale vs ask
Tempo
6.0mo
Supply
3 to 6 months is the balanced band
119days
Median DOM · closed
19 days at the 2017 low
50%
Under contract
Martin: 26% (313 of 1,224)
2 · 2
For sale · pending
live counts, refreshed twice daily
4
Sold · last 12 mo
10-yr average: about 3 a year
Track record · 12 years of records
1,506sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Montego Cove Condo sits in Stuart's condo market with a median of $211,250 and $140 per square foot—numbers that reflect older building stock, modest finishes, and units that often need buyer willingness to update. The 119-day median DOM tells you this is a slow-turn market where condition and list price matter more than the community name, and where sellers who overprice pay for it in months on market.

The 38.7% year-over-year price decline is the headline, but context is everything: four closings in the trailing window means any single distressed sale, investor flip, or ground-floor unit moves the median sharply. This isn't a neighborhood in freefall—it's a thin market where comparable selection drives each transaction, and where patient buyers who know the building can find value that won't show up in the next quarter's stats.

Montego Cove Condo Housing Pulse · Momentum Research · as of September 12, 2026

Montego Cove Condo right now

🟡 Balanced market. 6.0 months of supply and 50% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Beaches MLS records, as of September 12, 2026. Confidence: Medium (4 active and pending listings, 4 closed sales in 12 months).

🔴 Off the recent peak. The trailing-12-month median ($211K) is down 38.7% from the prior 12 months ($344K). With about 3 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Beaches MLS closed sales, 12-month windows ending September 12. Confidence: Low (4 and 5 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated September 12, 2026 · Live data: Beaches MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Montego Cove Condo market snapshot (as of September 12, 2026): the median sale price is about $211K ($140 per sq ft over the trailing 12 months of closed sales), a median 119 days on market for closed sales, and 6.0 months of supply, a balanced market. The trailing-12-month median is down 39% from the prior 12 months, computed from record-level Beaches MLS closed sales (4 closings in the current window).

A low-rise condo building in Stuart where the headline price drop reflects a thin sales sample and high inventory sensitivity, not necessarily a collapsing asset class. Buyers here are shopping condition and location within Martin County, not resort-style amenities.

Best for

  • First-time buyers or downsizers chasing a sub-$225K entry into Martin County ownership with patience for a slower resale market.
  • Cash buyers who can renovate a dated unit and hold long enough that building fundamentals—not quarterly comps—drive value.
  • Investors comfortable with thin liquidity, who underwrite to rent and can weather special assessments or deferred maintenance costs.

Probably not for

  • Buyers who need predictable year-over-year price appreciation or a deep comp set to support refinance or resale within three years.
  • Anyone expecting resort-grade amenities, concierge services, or a community identity beyond the four walls of the unit.
  • Sellers on a timeline who cannot afford to wait four months and negotiate multiple price cuts to find the one qualified buyer.

Price History: What Homes Here Have Actually Sold For

Median sale price over the trailing 12 months ending September 12 of each year, from record-level Beaches MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($211K) IS the median in the snapshot above, and the move from 2025 ($344K) IS the -38.7% one-year change.

Windows contain 0 to 8 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$200K$300K2014201620182020202220242026
Down 38.7% year over year.
Every sale since 2014 · price vs size
$0$100K$200K$300K1k2k2k
42 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$150$2002014201620182020202220242026
Up from $99 in 2014 to a $205 peak in 2025; $140 now.
Median days on market · closed sales
01002002014201620182020202220242026
19 days at the 2017 low; 119 now.
Sale price vs original ask · median
85%90%95%2014201620182020202220242026
83.2% now.
Homes sold per 12-mo window
02582014201620182020202220242026
0 to 8 a year; 4 in the current window.
How much local inventory is already under contract

26% of homes for sale in ZIP 34997 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-08).

Montego Cove Condo Market Scorecard

Balanced

Montego Cove Condo is currently a balanced market. About 6.0 months of supply, a median asking price of $302,400, and homes go under contract in about 224 days.

6.0
Months supply
$302,400
Median list
$211,250
Median sold
$216
List $/sqft
224
Days on mkt
2/1/5
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Beaches MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Homes For Sale Right Now in Montego Cove Condo

Live MLS inventory for Montego Cove Condo. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Montego Cove Condo listings as of 2026-09-12, priced high to low. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. Tap any home to ask about it.

Listing locations from Beaches MLS. Map data © OpenStreetMap, tiles © CARTO.

Schools

In short
  • Martin County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • SeaWind · Elementary
  • Murray · Middle
  • South Fork · High

Zoned schools reflect the assignments reported on recent Montego Cove Condo listings and can change; always confirm with Martin County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Montego Cove Condo address.

If we were buying in Montego Cove Condo today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Montego Cove Condo.

Best Buy
Buyers prioritizing affordable ownership in Martin County who will bring their own updates and negotiate on condition.
Biggest Risk
Thin sales volume means comps are unreliable and any single distressed unit can reset the pricing floor.
Sweet Spot
A buyer who knows older condos, has cash or financing for improvements, and values Stuart location over amenities.
Avoid If
You need resort features, predictable appreciation, or a building where sales velocity proves liquidity when you need to sell.

What the numbers actually mean

The $211,250 median price and $140 per-square-foot figure place Montego Cove in the affordable end of Stuart's ownership market—units that compete more on price and maintenance fees than on finishes or views. With only four closings in the trailing period, each sale carries outsize weight: one estate liquidation or investor-grade unit can shift the median by tens of thousands of dollars, which is precisely what the 38.7% year-over-year decline reflects. This is not a high-volume project where medians smooth out over dozens of transactions; it is a small building where each comparable matters.

The 119-day median DOM tells the supply story. Inventory moves slowly here, which means sellers need realistic pricing from day one and buyers have time to inspect, negotiate, and wait for the right unit. There are no community amenities identified in current listings, so value is driven entirely by the unit itself—square footage, condition, floor level, and whether the last owner updated or deferred. In a market this thin, agents who know the building's sale history and can contextualize one-off comps are worth their commission.

Stuart's Martin County location offers Treasure Coast access without the density of larger coastal markets, but Montego Cove does not appear to be a waterfront or marina-adjacent property. Buyers are trading resort features for lower entry cost and county taxes, and the market reflects that tradeoff: this is a community where ownership is the goal, not the amenity package.

The location and the amenities are priced into every listing in Montego Cove Condo. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
1.3D · Buy Score
Recent Direction0.0/10
Liquidity & Demand4.0/10
Pricing Power0.0/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (1.3). Basis: Recent Direction -38.7% year-over-year; Liquidity & Demand 6.0 months of supply; Pricing Power 83.2% sale-to-list. Refreshed with each data update.

Why work with Momentum here

Montego Cove's thin sales volume and wide DOM spread mean every comparable and every DOM decision matters. Momentum's agents pull Martin County sale history, read HOA financials you won't see in the MLS photos, and price against actual closed comps—not the aspirational list price three doors down. We will tell you when a unit is overpriced for its condition, when the building has deferred maintenance that will hit you in special assessments, and when waiting sixty days will cost you less than buying today's inventory at list. In a four-closing market, you need a broker who knows which four.

Montego Cove Condo in 15 seconds.

Best forBuyers prioritizing affordable ownership in Martin County who will bring their own updates and negotiate on condition.
Biggest advantageLow median price and slow DOM give buyers time and leverage to inspect thoroughly and negotiate terms.
Biggest riskThin sales volume means comps are unreliable and any single distressed unit can reset the pricing floor.
Sweet spotA buyer who knows older condos, has cash or financing for improvements, and values Stuart location over amenities.
Avoid ifYou need resort features, predictable appreciation, or a building where sales velocity proves liquidity when you need to sell.

HOA, CDD & Fees

In short
  • HOA status not on record. Verify any dues before you offer
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Montego Cove Condo sales matched to your home.

What is your Montego Cove Condo home worth?

Get a no-obligation home value based on real comparable sales in Montego Cove Condo, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in Montego Cove Condo on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Montego Cove Condo?
The median sale price in Montego Cove Condo was $211K over the 12 months ending September 12, 2026 (4 closed sales, Beaches MLS).
How long do homes in Montego Cove Condo take to sell?
Homes that closed in the 12 months ending September 12, 2026 took a median 119 days on market (4 sales, Beaches MLS).
Is Montego Cove Condo a buyer's or seller's market right now?
As of September 12, 2026, Montego Cove Condo is roughly balanced: 6.0 months of supply at the current sales pace (Beaches MLS live counts).
Who is the best real estate agent for Montego Cove Condo?
The best agent for Montego Cove Condo is one who actively works Stuart and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Montego Cove Condo.
How do I find a top Stuart real estate agent who knows Montego Cove Condo?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Montego Cove Condo and the wider Stuart area.
Can Momentum Realty connect me with an agent for Montego Cove Condo?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Montego Cove Condo purchase or sale - no call center and no pressure.
First-time buyers or downsizers chasing a sub-$225K entry into Martin County ownership with patience for a slower resale market.Excellent fit
Cash buyers who can renovate a dated unit and hold long enough that building fundamentals—not quarterly comps—drive value.Excellent fit
Investors comfortable with thin liquidity, who underwrite to rent and can weather special assessments or deferred maintenance costs.Excellent fit
Buyers who need predictable year-over-year price appreciation or a deep comp set to support refinance or resale within three years.Probably not
Anyone expecting resort-grade amenities, concierge services, or a community identity beyond the four walls of the unit.Probably not
Sellers on a timeline who cannot afford to wait four months and negotiate multiple price cuts to find the one qualified buyer.Probably not

Nearby Communities

Explore more neighborhoods near Montego Cove Condo with Momentum Realty’s local guides.

HPHibiscus Park Stuart0.3 mi awayELEmerald Lakes Stuart0.6 mi awaySummerfield Stuart0.6 mi awayDSDuckwood Stuart0.8 mi awayPSPort Salerno1.0 mi awayPSPort Salerno Village1.1 mi awayEPEdgewater Pointe Stuart1.1 mi awayWTWilloughby Townhomes Pud Stuart1.2 mi away

Browse all neighborhood guides →

Data sources & freshness

Live listingsBeaches MLS, refreshed twice daily (last: September 12, 2026)
Community market statsBeaches MLS closed sales, 12-month windows ending September 12, 2026
Under-contract sharesBeaches MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2014 (42 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Beaches MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Beaches MLS member average and 8 days faster, and we’ll price yours against live local comps.

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CallFree valuation →
Thinking of selling in Montego Cove Condo? 4 recorded closings; median 119 days on market (window ending 2026-09-12). See the Martin County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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