Sailfish Cove Homes for Sale

Sailfish Cove is a luxury waterfront, luxury community in Stuart, Martin County, Florida. Properties are priced from $1,100,000 to $1,200,000. Pure Equity lists homes in Sailfish Cove and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Pure Equity Realty covers Sailfish Cove and the Stuart 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 4 Sailfish Cove Stuart homes for sale as of October 2026. The median asking price is $1.15M. Asking prices run from $685,000 to $1.2M.

That is 170% above the Stuart median of $425,000. On a per-foot basis, homes here ask about $939 per square foot, compared with $276 across Stuart. So the median price buys roughly 1,200 square feet of living area.

Listings here have averaged 250 days on the market. That is slower than the Stuart average of 119 days. Because of that, buyers often have more room to negotiate on price, repairs or closing costs.

Homes listed in Sailfish Cove date from 2023, so they are about 3 years old.

Every one of these homes went up after Florida adopted its statewide building code in 2002. In practice, that usually means impact-rated openings and stronger roof attachment. A wind mitigation inspection documents those features, and Florida insurers must offer premium discounts for them.

Sailfish Cove includes waterfront homes. Waterfront lots in South Florida often sit in FEMA special flood hazard areas, where lenders require flood insurance. Before you commit, look up the address on the FEMA Flood Map Service Center and ask the seller for an elevation certificate.

Sailfish Cove has new construction. Builders usually require your agent to register you on the first visit, so bring your agent or call us before you walk in.

At a median near $1.15M, Sailfish Cove sits in the luxury tier of Stuart. Jumbo financing and proof of funds usually come up early in these negotiations.

Rentals in Sailfish Cove have a median asking rent of $4,200 per month, across 4 active rental listings. For comparison, the Stuart median is $2,800, so rents here run 50% higher.

For investors, those medians imply a gross yield near 4.4% a year. However, that figure comes before HOA dues, property tax, insurance and vacancy. Also check the association documents first, because many Florida HOAs cap leases or set minimum terms.

You can browse current Stuart rentals or ask us for a rent estimate on a specific Sailfish Cove home.

Here is what the median Sailfish Cove price means in Florida closing terms. At $1.15M, a 20% down payment comes to about $230,000, leaving a loan near $918,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $3,213. Next, the intangible tax of 0.2% adds about $1,836. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Sailfish Cove median, that is about $8,033.

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 Sailfish Cove listings show assignments to J.D. Parker (elementary), Stuart (middle) and Jensen Beach (high). However, boundaries can change each year, so confirm the assignment for a specific address with the Martin County School District.