Martin Downs Plat No 20 Aka Monarch Country Club Homes for Sale

Martin Downs Plat No 20 Aka Monarch Country Club is a residential community in Palm City, Florida. Active listings are currently priced from $505K–$650K.

Pure Equity Realty covers Martin Downs Plat No 20 Aka Monarch Country Club and the Palm City 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 Martin Downs Plat No 20 Aka Monarch Country Club Palm City homes for sale as of October 2026. The median asking price is $578,000. Asking prices run from $505,000 to $650,000.

That is 8% below the Palm City median of $630,000. On a per-foot basis, homes here ask about $291 per square foot, compared with $275 across Palm City. So the median price buys roughly 2,000 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 150 days on the market. That is slower than the Palm City average of 110 days. Because of that, buyers often have more room to negotiate on price, repairs or closing costs.

Homes listed in Martin Downs Plat No 20 Aka Monarch Country Club date from 1988 to 1999. That puts them between 27 and 38 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 Martin Downs Plat No 20 Aka Monarch Country Club price means in Florida closing terms. At $578,000, a 20% down payment comes to about $116,000, leaving a loan near $462,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $1,617. Next, the intangible tax of 0.2% adds about $924. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Martin Downs Plat No 20 Aka Monarch Country Club median, that is about $4,043.

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 Martin Downs Plat No 20 Aka Monarch Country Club listings show assignments to Bessey Creek (elementary), Hidden Oaks (middle) and Martin County (high). However, boundaries can change each year, so confirm the assignment for a specific address with the Martin County School District.