Monterey Yacht and Country Club
1991 SW Palm City Rd., Stuart, Florida 34994
Casual, Established 55+ Community of Monterey Yacht and Country Club on Florida's Southeastern Coast Has Condominiums, a Yacht Club, a Golf Course and a Bounty of Events and Activities
Nestled on the banks of St. Lucie River's south fork and the southern tip of Stuart on the southeastern Florida coast, the Monterey Yacht and Country Club is an enclave for active adults age 55 and better. Built in the 1970's and 1980's, its 51 buildings of 10 condominiums each line the nine-hole golf course and sit beside two clubhouses.
Building exteriors are white or pastel-colored, and units have either one bedroom or two bedrooms with one to two baths. Every home has a patio or balcony, and all have a nice view of the golf course.
Prices start at around $50,000. The HOA fee ranges from about $400 per month to $500 per month, depending on unit size. Please check with a Realtor to verify these prices as they are bound to change.
The Monterey Owners Representative Assembly works with the board of directors to manage and govern the neighborhood. Employees of Monterey include property management and maintenance personnel.
In addition to the golf course, amenities include a community pool, a yacht club, a main hall, a workshop and acres of open space. Activities and events are volunteer-run. The monthly calendar might feature a doo-wop party, bingo, bridge nights, golf tournaments, bocce ball games, a day trip, and wine and cheese soirees.
Members of the Beautification and House Committees plant trees, shape the landscape, better the walkways, and improve the dock. The active Canoe and Kayak Club houses member boats and hosts kayak fests.
Monterey residents are minutes from multiple marinas, downtown Stuart and Atlantic beaches. Stuart's extensive River Walk boasts a green market and outdoor concerts. Downtown is filled with restaurants, boutiques, and galleries. Street parties and art festivals are a common occurrence. Built in 1926 as a movie house, the Lyric Theater now hosts a full schedule of concerts, theater, and community events. The Barn Theatre packs its season with comedy and drama productions.
Martin Memorial Hospital is accredited by the Joint Commission.
Summer temperatures are in the 80s and 90s, and winters are mild with temperatures in the 50s, 60s and 70s. On average, the area receives 48 inches of rain every year.
Visit www.montereyyachtandcountryclub.com for more information.
Named Pascua Florida by Juan Ponce De Leon, the Sunshine State did not enter the Union until March 3, 1845. Balmy mild winters began attracting snowbirds to the state in the late 19th century. Retirees continue to flock to the state. It's not hard to see why tourism has become the leading industry.
International trade and citrus are also major contributors to the state's economy. Eighty percent of the nation's oranges and grapefruits are grown here, and 40 percent of all U.S. exports to Latin America flow through Florida.
Florida's landscape includes uplands and coastal plains. It contains more than 11,000 miles of waterways and about 4,500 islands spread across 10 acres.
Florida has 1,250 more golf courses than any other state in the Union. The 47 mile Pinellas Trail is the longest urban trail on the east coast. Orlando theme parks attract more visitors than any other theme parks in the U.S. The only place in the world where alligators and crocodiles co-exist is in National Everglades Park.
Population - 20,612,439
Persons 65 years old and over - 20%
High school graduates age 25+ - 87%
Bachelor's degree or higher age 25+ - 26%
Persons of Hispanic or Latino origin - 24%
White persons, not Hispanic - 55%
Median household income - $46,596
Median home value - $159,000
Persons in poverty - 16%
Social Security taxed? No
Source: U.S. Census Bureau
Who Buys in a 55+ Community?
Age-restricted communities, at least those for residents age 55 or better, generally appeal to people seeking a sense of community with other people from similar socioeconomic backgrounds. Most developments are gated or at least have some type of secured access and appeal to retirees seeking a sense of security. People who enjoy lots of amenities, planned activities and social interaction also buy in 55+ developments. Just an FYI: newer communities tend to have a younger demographic while older communities usually have a more mature set of residents, primarily because residents in older developments purchased when they were younger and have stayed put.
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