A 55+ condo community in Stuart with the advantage of Martin County's low tax rate. Here's what we can confirm — and what to verify before buying.
Montego Cove is a 55+ condo community in Stuart, in the heart of Martin County. We keep this page honest: it's a smaller, established condo community, and rather than pad it with filler, here's what genuinely matters to a buyer.
The real, verifiable advantage is the county. Stuart sits in Martin County, which has the lowest effective property tax rate on the Treasure Coast (~0.88%). For a condo buyer, that means a lower tax bill than an equivalent unit in St. Lucie County — and Montego Cove carries no CDD.
As with every Florida condo community, the single most important diligence item is the association's financial health — reserves and any pending special assessments under Florida's SB 4-D condo-safety law.
Estimated property tax on a $250,000 home, year one (before Homestead Exemption). Martin County is the lowest on the Treasure Coast. For a condo at this price, the Martin County rate keeps your tax line modest.
We don't have verified current HOA figures or amenity specifics for Montego Cove, so we won't invent them. The county tax advantage is real and confirmable; everything else should be verified with the HOA or a local agent.
A local agent can pull the current HOA, reserve study, and exact details — and run the Martin County tax math — at no cost to you.
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