Montego Club Condo Homes for Sale

Montego Club Condo is a residential community in Bay Harbor Islands, Florida.

Pure Equity Realty covers Montego Club Condo and the Bay Harbor Islands area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 2 Montego Club Condo Bay Harbor Islands homes for sale as of October 2026. The median asking price is $941,000. Asking prices run from $935,000 to $947,000.

That is 26% below the Bay Harbor Islands median of $1.27M. On a per-foot basis, homes here ask about $460 per square foot, compared with $905 across Bay Harbor Islands. So the median price buys roughly 2,050 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 83 days on the market. That is faster than the Bay Harbor Islands average of 168 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Montego Club Condo date from 1971, so they are about 55 years old.

All of these homes predate Florida's 2002 statewide building code. So roof age, window protection and the wind mitigation report matter a great deal for insurance.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

Here is what the median Montego Club Condo price means in Florida closing terms. At $941,000, a 20% down payment comes to about $188,000, leaving a loan near $753,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $2,635. Next, the intangible tax of 0.2% adds about $1,506. Buyers normally pay both at closing.

On the seller side, Miami-Dade charges deed stamps of 60 cents per $100 on a single-family home, about $5,646 at this price. Condos and other property types pay a higher rate.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent Montego Club Condo listings show assignments to Ruth K. Broad Bay Harbor K-8 (elementary) and Miami Beach (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.