King Mountain Condo (Aka Monterey Yacht & Country
Homes for Sale in Stuart, FL

King Mountain Condo (Aka Monterey Yacht & Country market snapshot (as of July 15, 2026): the median sale price is about $76K ($108 per sq ft over the trailing 12 months of closed sales), and a median 66 days on market for closed sales. The trailing-12-month median is down 7% from the prior 12 months, computed from record-level Beaches MLS closed sales (11 closings in the current window).

King Mountain Condo sits in Stuart at a price point accessible to cash buyers and investors, but the median time on market and year-over-year softening suggest this is a market where due diligence on HOA health and unit condition separates a solid deal from a costly mistake.

At first glance, a sub-$80K median in Stuart feels like an anomaly—and it is, because you're buying into a condo regime with all the governance, fee structures, and shared-liability realities that entails. The per-square-foot figure of $108 doesn't tell you whether you're looking at original finishes, deferred exterior work, or a building with robust reserves. Every offer here needs an HOA document review, a reserve-study check, and a hard look at special-assessment history.

The 66-day median DOM is neither fast nor frozen; it's the tempo of a market where most buyers are paying cash or navigating condo-financing overlays, and where sellers who price to condition move units while those who don't sit. The 6.8% year-over-year decline isn't panic—it's recalibration in a segment where comparable sales are thin and each transaction resets the bar.

There are no identified community amenities in the current MLS snapshot, which means you're buying the unit and the location, not a resort-style clubhouse or curated lifestyle. Stuart's proximity to the Intracoastal and historic downtown is the real amenity; whether this complex captures that value depends entirely on the specific building, the view lines, and the financial health of the association. This is not a plug-and-play investment—it's a deal that rewards the buyer who reads every page of the docs and walks every inch of the property.

Momentum brokers know that a low median price in a condo market is never the whole story—it's the opening line of a longer conversation about HOA reserves, assessment risk, and whether the building's financials will support your lender's underwriting or your own exit strategy. We pull the HOA docs, flag the red lines, and tell you when to walk. If you're considering King Mountain as an entry point into Stuart or a cash-flow rental, we'll model it honestly; if the numbers don't work or the governance is shaky, we'll say so before you're under contract. That's the value of a broker who treats your due diligence as seriously as the deal itself.

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