A condominium community on SW Palm City Road in Stuart, Florida

Circle Bay Yacht Club, Stuart

A condominium community of 294 units at 1950 SW Palm City Road, inside the City of Stuart, built from 1974 to 1982 in three recorded condominiums.

294Condominium homes on the county roll
1975–1982Years most homes were built
1,000Typical living area, sq ft
CondosHome type
1974Association incorporated

Homes, years and sizes: Martin County property records (2025 tax roll).

Overview

About Circle Bay Yacht Club

Circle Bay Yacht Club is one address with three condominiums behind it. The county roll lists 294 units at 1950 SW Palm City Road, recorded as Circle Bay Yacht Club I, II and III and built from 1974 to 1982.

Units are numbered by building and unit. Most have about 900 to 1,125 square feet of living area on the roll, with a typical unit near 1,000. All of them carry the 34994 ZIP.

As the name says, it was laid out around boating. We confirm slip rights, marina rules and any boat size limits for a specific unit from the association’s documents.

County parcel records place it inside the City of Stuart, west of downtown on the road toward Palm City. Buildings from the 1970s fall under Florida’s condominium milestone inspection and reserve study rules where they apply; we confirm the status for a specific unit.

At a glance

Streets
1950 SW Palm City Road
Home type
Condominiums
Built
Mostly 1975 to 1982
Living area
About 900 to 1,120 sq ft
Zip code
34994
County
Martin County
Association
Circle Bay Yacht Club Condominium Association, Inc.

On the market now

Homes for Sale in Circle Bay Yacht Club

Listings inside the boundary of Circle Bay Yacht Club, newest first, updated through the day from BeachesMLS. Right now 22 condominiums are listed, averaging $295,000.

Beaches MLS

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than Douglas Elliman Real Estate are identified with the listing firm’s name on each listing’s detail page. Listing data last updated Thursday, November 5th, 2026 at 06:57:35 PM.

Live from BeachesMLS

Closed sales

The Circle Bay Yacht Club Market

Closed sales inside the boundary of Circle Bay Yacht Club, every home type together. Medians and the middle range say more than any average, and in a community this size a single unusual sale can move a year.

Circle Bay Yacht Club recorded 13 closed sales in the twelve months through October 2026. Medians, so one unusual sale does not move them; we break the numbers out by home type for any home you are considering.

MeasureLast 12 monthsYear beforeChange
Homes sold135+160%
Median sale price$307,000$290,000+6%
Median price per sq ft$273$289-6%
Middle 80% of sales$190,000 to $380,000$160,000 to $330,000
Active listings now22
Median asking price now$299,000
Months of supply now20.3

BeachesMLS closed sales inside the boundary of Circle Bay Yacht Club, twelve months through October 2026, via IDX Broker. Active listings now is live from the MLS feed; the median asking price updates monthly. Listing information deemed reliable but not guaranteed.

Association and costs

The Circle Bay Yacht Club Association and What It Costs

Who runs the association, what governs it, and what current listings say the fee is.

AssociationCircle Bay Yacht Club Condominium Association, Inc.
Florida corporate recordSunbiz document 731554, filed December 26, 1974 (opens in a new tab)
Governed byChapter 718, Florida Statutes (condominiums)
WaterThe community takes its name from its marina; we confirm slip assignments, rental terms and the route to the inlet for a specific unit.

Association Fees From Current Listings

Association fee, median$675 a month
Typical range$598 to $802 a month
Association or manager named in listingsCircle Bay Yacht Club
Usually coversCable TV, Common Areas, Sewer, Reserve Fund, Pool(s), Trash, Internet, Maintenance Grounds
Club membershipNot required

From 33 current and recent BeachesMLS listings in Circle Bay Yacht Club, via IDX Broker, refreshed weekly. Fees are monthly equivalents of the association fees in each listing; condo, master and sub-association fees can stack. The recorded documents, the current budget and the estoppel govern.

What Else to Check

  • Taxes and insurance After a sale the assessed value resets the following January. Flood zone and roof age drive insurance quotes, so we check both for the address.
  • Estoppel The closing agent orders an estoppel certificate from each association, which confirms what is owed at closing.

Documents to Review Before Closing

  • Before you sign: leasing, pet and approval rules if they matter to you
  • After you sign: the declaration, articles, bylaws, rules, budget and reserves, with the cancellation window Florida law sets once you receive them
  • For buildings three stories or taller: milestone inspection and structural integrity reserve study status
  • Before closing: the estoppel certificate from the condominium association

Where it sits

Around Circle Bay Yacht Club

Places nearby.

Downtown Stuart Riverwalk (opens in a new tab)The City of Stuart’s boardwalk along the St. Lucie River downtown, with live music on weekends.
Flagler Park (opens in a new tab)City of Stuart waterfront park beside City Hall on the St. Lucie River, with picnic areas, a playground and a basketball court.
The Lyric Theatre (opens in a new tab)Performing arts theater in downtown Stuart, with concerts and live performances.
Stuart Heritage Museum (opens in a new tab)Local history museum in downtown Stuart.
Stuart Beach (opens in a new tab)Martin County’s guarded beach at 889 NE Ocean Boulevard on Hutchinson Island.

Zoned Public Schools

Circle Bay Yacht Club is in Martin County, so public schools are assigned by the Martin County School District by address. We confirm the zoned elementary, middle and high school for the home you are considering.

Find the Zoned School for an Address

How it came to be

A Short History of Circle Bay Yacht Club

  1. 1974

    The first Circle Bay units on the county roll were completed.

  2. 1979

    The median year built across the three condominiums.

  3. 1982

    The last units on the county roll were completed.

Sources: Martin County 2025 tax roll (Florida Department of Revenue), Martin County Property Appraiser parcel records; Martin County subdivision records (Circle Bay Yacht Club Condo I, II, III).

The boundary

Circle Bay Yacht Club on the Map

Questions

Questions Buyers Ask About Circle Bay Yacht Club

What do condominiums in Circle Bay Yacht Club cost right now?

Right now 22 condominiums are listed for sale inside Circle Bay Yacht Club, at an average asking price of $295,000 (about $289 per square foot), as of November 6, 2026. The market section above shows what condominiums here actually sold for over the past year.

Is Circle Bay Yacht Club in the City of Stuart?

Yes. Martin County parcel records place the 1950 SW Palm City Road property inside the City of Stuart.

How many condominiums make up Circle Bay Yacht Club?

Three: Circle Bay Yacht Club I, II and III. The county roll lists 294 units across them at one street address.

Do units come with a boat slip?

Slips are handled by the association, not deeded with every unit as far as we can confirm. We check slip rights and any waiting list for a specific unit.

How large are the units?

The county roll puts most units between about 900 and 1,125 square feet of living area.

How many condominiums are in Circle Bay Yacht Club, and when were they built?

Martin County property records list 294 residential parcels in Circle Bay Yacht Club, most built 1975 to 1982, with a typical living area of about 1,000 square feet.

Who runs the Circle Bay Yacht Club association?

Circle Bay Yacht Club Condominium Association, Inc. (Florida document 731554, filed December 26, 1974) governs the community; we confirm the current management company for each home.

What are the association fees in Circle Bay Yacht Club?

The fee table on this page is drawn live from current and recent listings. The seller’s disclosure, the condominium documents and the estoppel certificate confirm the exact amount for a specific home.

Is Circle Bay Yacht Club gated?

We confirm gate and access arrangements for a specific home.

Which public schools serve Circle Bay Yacht Club?

Circle Bay Yacht Club is in Martin County, so public schools are assigned by the Martin County School District by address. We confirm the zoned elementary, middle and high school for the home you are considering.

Circle Bay Yacht Club · Stuart

Let Us Take Care of the Details

Tell us the street or the home in Circle Bay Yacht Club. We come back with the listings, the association’s fees and rules, and what similar condominiums sold for, then arrange the visits and coordinate every step to closing day.

Monika Phillips, Sales Associate, Douglas Elliman Real Estate

  • Association fees, rules and documents gathered for each home
  • Leasing and approval rules pulled up front
  • Tax bill and flood zone checked for the address
  • One team from the first look to closing day