Montego Cove
Condos for Sale in Stuart, FL

Montego Cove Condo market snapshot (as of September 20, 2026): the median sale price is about $235K ($156 per sq ft over the trailing 12 months of closed sales), a median 119 days on market for closed sales, and 4.0 months of supply, a balanced market. The trailing-12-month median is down 32% from the prior 12 months, computed from record-level Beaches MLS closed sales (6 closings in the current window).

In ZIP 34997 (Stuart), 583 homes closed in the last 12 months at a median of $415K ($249/sq ft), down 3.0% year over year, with a median 64 days on market. Right now 90 active and 26 pending listings put supply at about 4.1 months — a balanced market. See the live ZIP 34997 housing market and the Martin County market.

BeachesMLS sales records identify 37 homes in Montego Cove Condo that have changed hands since 2014, built between 1887 and 1989 (median 1986), with a median living area of about 1,506 sq ft and a typical 2-bedroom, 2-bath layout; 100% are condominiums. Source: BeachesMLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

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.

• 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.

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.

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.

Listings in this community report association dues of about $711 per month ($8,532 a year) — the median AssociationFee across 59 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.

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