Montego Cove Condo
Homes for Sale in Stuart, FL

Montego Cove Condo market snapshot (as of July 15, 2026): the median sale price is about $211K ($140 per sq ft over the trailing 12 months of closed sales), and a median 119 days on market for closed sales. 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.

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.

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