581 Crescent Ave · Port St. Lucie, FL 34984

$216,000

3 bd · 2.0 ba · 1,196 sqft · SingleFamily public records · 2 Days on market

Built 1977 Est $334k · 35% under

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Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +19.6/30.0
• ARV discount +15.0/15.0
• DSCR +6.2/10.0
• 1% rule +6.0/10.0
• Schools +3.7/10.0
• Rent growth +3.6/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This is one of the cutest houses you will see on the market today! This 3 bedroom 2 bath home is located in the heart of Port St Lucie located mins to rivers, beachs, highways, tradition and so much more. Driving up to the home you are greeted with a super cute front elevation, fresh exterior paint and delightful landscape. Entering the home you have a freshly painted interior with a large open floor plan and great room in the back. The spacious split bedrooms have new laminate floors. The large galley kitchen has new shaker cabinets, new stainless appliances and so much more.

Key facts

• Walk-in closet
• Tile flooring
• Updated kitchen

Tags

• VAULTED CEILINGS
• SPACIOUS LIVING AREAS
• TILE FLOORING
• UPDATED KITCHEN
• GRANITE COUNTERTOPS
• WALK-IN CLOSET

Property features AI

Finance

• Financial info: Pets allowed
• HOA & community: No HOA (listed as n/a)

Exterior

• Parking: Attached garage with 1 space; Garage parking
• Security: Smoke detectors
• Utilities: Public water; Public sewer
• Home design: Single-story home
• Construction: Frame construction; Shingle roof
• Exterior features: Fenced yard; Property faces south; Has a view

Interior

• Kitchen: Microwave; Range; Refrigerator
• Bedrooms: Three bedrooms (13x10, 13x10, 15x11); Living room 13x23
• Flooring: Tile; Vinyl
• Bathrooms: Two full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Single hung windows; Split-bedroom floor plan; Unfurnished
• Laundry & utility: Laundry area in the garage

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $216k.

Deal economics

• At list price, monthly cash flow is $249 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $216k).
• Cap rate 7.7% vs local median 3.9% in Port St. Lucie — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads: area grade C — affects rentability + tenant quality, not the cash-flow math above.
• St. Lucie (urban): math 40% / reading 48% proficiency, ranked #51 of 73 in FL (top 70%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Manatee Academy K-8 (math 53% / reading 51%, grade C-, #990 of 2,144 statewide, top 48%, 1,664 students, 65% FRL); Southern Oaks Middle School (math 39% / reading 43%, grade F, #353 of 571 statewide, top 63%, 894 students, 76% FRL); Fort Pierce Central High School (math 15% / reading 45%, grade F, #441 of 667 statewide, top 67%, 3,091 students, 62% FRL).
• Market conditions: Rents rising fast (+4.5%/yr); 356 active listings in the ZIP; 15 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 4,868 units permitted in St. Lucie County in 2024 (268 in 5+ unit buildings).
• This rent runs 35% of the median local income ($81k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• St. Lucie County population projected at +20% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 2 days on market — expect competitive offers; lowballing is unlikely to land.
• 8 sale attempts since 23y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $216,000

Questions for the listing agent

1. Built in 1977 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
4. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
5. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.10% ✓
• Cap rate: 7.68%
• Cash-on-cash: 4.94%
• DSCR: 1.22
• GRM: 7.6

CMA / ARV

• ARV (on-the-fly): $333,684
• Comps found: 11

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2142 SE Watercrest St	0.23mi	3/2.0	1,176 (-2%)	2mo	$300,000	$255	85
2252 SE Aneci St	0.23mi	3/2.0	1,176 (-2%)	8mo	$280,000	$238	80
2365 SE Aneci St	0.28mi	3/2.0	1,176 (-2%)	13mo	$325,000	$276	74
433 SE Seahouse Dr	0.62mi	3/2.0	1,221 (+2%)	3mo	$347,000	$284	65
634 SE Whitmore Dr	0.39mi	3/2.0	1,096 (-8%)	5mo	$395,000	$360	64
118 SW Lancaster Ave	0.71mi	3/2.0	1,190 (-0%)	6mo	$333,000	$280	62
2290 SE Glover St	0.29mi	2/2.0 (-1)	1,176 (-2%)	21mo	$310,000	$264	61
417 SE Seahouse Dr	0.63mi	3/2.0	1,274 (+6%)	3mo	$355,000	$279	57
2417 SW Summit St	0.68mi	3/2.0	1,128 (-6%)	3mo	$341,800	$303	56
2243 SE Haddon St	0.32mi	3/2.0	1,027 (-14%)	22mo	$340,000	$331	44
366 SE Lancaster Ave	0.55mi	2/2.0 (-1)	1,368 (+14%)	22mo	$275,000	$201	27

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 4.54% rent growth · sell at horizon

5-year hold

• IRR: -6.7%
• Equity multiple: 0.75×
• Total profit: $-15,262
• Equity at exit: $32,206

10-year hold

• IRR: 4.9%
• Equity multiple: 1.39×
• Total profit: $23,519
• Equity at exit: $18,676

Cash invested: $60,480 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 34984

• Home prices YoY: -24.5%
• Rents YoY: 4.5%
• Active inventory: 356
• Price-to-rent: 7.6×

Monthly cashflow live

• Estimated rent: $2,383 high
• Mortgage (P&I): −$1,133
• Tax from tax record: −$411 /mo · $4,933/yr
• Insurance: −$90
• HOA: −$0
• Vacancy / Maint / Mgmt: −$501
• Net cashflow: $249

Break-even live

Break-even rent $2,068

Max offer price $216,000

Occupancy floor 85%

Sensitivity live

Price	-10% $371	-5% $310	+0% $249	+5% $188	+10% $127
Rent	-10% $61	-5% $155	+0% $249	+5% $343	+10% $437
Rate	-1.0pp $358	-0.5pp $304	base $249	+0.5pp $193	+1.0pp $136

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $54,000
• Closing costs: $6,480
• Reserves months: —
• Total cash needed: —

Rent comps 15 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2249 SE Glover St Port Saint Lucie, FL	3.0	2.0	1401	$2,500	$1.78	23d	1	0.23mi
431 SE Dalva Ave Port Saint Lucie, FL	3.0	2.0	1176	$2,150	$1.83	25d	1	0.43mi
601 SE Polynesian Ave Port Saint Lucie, FL	2.0	2.0	1143	$2,000	$1.75	16d	1	0.73mi
2174 SW Wayne St Port Saint Lucie, FL	3.0	2.0	1463	$2,370	$1.62	25d	1	0.99mi
2512 SE Anchorage Cv #2 Port St. Lucie, FL	2.0	2.0	1018	$1,850	$1.82	25d	1	1.03mi
2506 SE Anchorage Cv #2 Port St Lucie, FL	2.0	2.0	1018	$1,750	$1.72	25d	1	1.03mi
233 SW Chapman Ave Port Saint Lucie, FL	3.0	2.0	1467	$1,250	$0.85	23d	1	1.11mi
1881 SE Airoso Blvd Port Saint Lucie, FL	3.0	2.0	1384	$2,200	$1.59	25d	1	1.13mi
2500 SE Anchorage Cv Unit B2 Port Saint Lucie, FL	2.0	2.0	1018	$1,800	$1.77	25d	1	1.14mi
262 SW Crescent Ave Port Saint Lucie, FL	3.0	2.0	1482	$2,600	$1.75	25d	1	1.17mi
1652 SE Floresta Dr Port Saint Lucie, FL	3.0	2.0	1344	$2,350	$1.75	25d	1	1.20mi
279 SW Glenwood Dr Port Saint Lucie, FL	3.0	2.0	1393	$2,975	$2.14	25d	1	1.27mi
2342 SW Bayshore Blvd Port Saint Lucie, FL	3.0	2.0	1176	$2,300	$1.96	25d	1	1.33mi
1981 SE Shelter Dr Port Saint Lucie, FL	3.0	2.0	1320	$2,000	$1.52	25d	1	1.35mi
2010 SW Burlington St Port Saint Lucie, FL	3.0	2.0	1118	$2,600	$2.33	25d	1	1.46mi

Listing history 24 events

1. 2026-05-06
   status Pending
2. 2026-05-05
   status Active
3. 2026-05-03
   historical
4. 2026-05-02
   listed $216,000 Active
5. 2021-11-05
   soldstatus $265,000
6. 2021-11-01
   status Pending 587-char remark

   Show marketing remark (587 chars)

   This is one of the cutest houses you will see on the market today! This 3 bedroom 2 bath home is located in the heart of Port St Lucie located mins to rivers, beachs, highways, tradition and so much more. Driving up to the home you are greeted with a super cute front elevation, fresh exterior paint and delightful landscape. Entering the home you have a freshly painted interior with a large open floor plan and great room in the back. The spacious split bedrooms have new laminate floors. The large galley kitchen has new shaker cabinets, new stainless appliances and so much more.

7. 2021-11-01
   soldstatus $265,000 Closed 587-char remark

   Show marketing remark (587 chars)

   This is one of the cutest houses you will see on the market today! This 3 bedroom 2 bath home is located in the heart of Port St Lucie located mins to rivers, beachs, highways, tradition and so much more. Driving up to the home you are greeted with a super cute front elevation, fresh exterior paint and delightful landscape. Entering the home you have a freshly painted interior with a large open floor plan and great room in the back. The spacious split bedrooms have new laminate floors. The large galley kitchen has new shaker cabinets, new stainless appliances and so much more.

8. 2021-09-15
   listed Active Under Contract 587-char remark

   Show marketing remark (587 chars)

   This is one of the cutest houses you will see on the market today! This 3 bedroom 2 bath home is located in the heart of Port St Lucie located mins to rivers, beachs, highways, tradition and so much more. Driving up to the home you are greeted with a super cute front elevation, fresh exterior paint and delightful landscape. Entering the home you have a freshly painted interior with a large open floor plan and great room in the back. The spacious split bedrooms have new laminate floors. The large galley kitchen has new shaker cabinets, new stainless appliances and so much more.

9. 2021-09-13
   listed $264,900 587-char remark

   Show marketing remark (587 chars)

   This is one of the cutest houses you will see on the market today! This 3 bedroom 2 bath home is located in the heart of Port St Lucie located mins to rivers, beachs, highways, tradition and so much more. Driving up to the home you are greeted with a super cute front elevation, fresh exterior paint and delightful landscape. Entering the home you have a freshly painted interior with a large open floor plan and great room in the back. The spacious split bedrooms have new laminate floors. The large galley kitchen has new shaker cabinets, new stainless appliances and so much more.

10. 2021-02-15
    soldstatus $123,800
11. 2014-05-23
    soldstatus $77,900 210-char remark

    Show marketing remark (210 chars)

    This property is eligible under the Freddie Mac First Look Initiative through 3/23/2014. Only owner occupant and 2nd home buyer offers will be considered prior to that date. Buyer is responsible for Doc Stamps.

12. 2014-03-18
    historical 210-char remark

    Show marketing remark (210 chars)

    This property is eligible under the Freddie Mac First Look Initiative through 3/23/2014. Only owner occupant and 2nd home buyer offers will be considered prior to that date. Buyer is responsible for Doc Stamps.

13. 2014-03-02
    listed $77,900 210-char remark

    Show marketing remark (210 chars)

    This property is eligible under the Freddie Mac First Look Initiative through 3/23/2014. Only owner occupant and 2nd home buyer offers will be considered prior to that date. Buyer is responsible for Doc Stamps.

14. 2007-07-30
    soldstatus $155,000
15. 2007-07-27
    soldstatus $155,000
16. 2007-06-14
    historical
17. 2007-05-05
    listed $159,900
18. 2004-07-09
    soldstatus $107,000
19. 2004-03-25
    soldstatus $107,000
20. 2004-02-25
    historical
21. 2004-01-12
    listed $117,000
22. 2003-11-22
    historical
23. 2003-11-17
    listed $111,000
24. 1989-08-03
    soldstatus $68,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $4,933 · $411/mo
• Projected year-2 tax: $4,933 · $411/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥106°F today · 25 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $28,602
• − Mortgage interest: −$12,099
• − Property taxes: −$4,933
• − Insurance: −$1,080
• − Repairs & maintenance: −$2,288
• − Management: −$2,288
• − Depreciation: −$6,284
• Taxable loss: −$371
• Est. tax savings @ 24.0%: +$89
• After-tax cash flow: $3,079/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: St. Lucie
• NCES district ID: 1201770
• Math proficiency: 40% ▼ -11.00%
• Reading proficiency: 48% ▼ -4.00%
• Median HH income: $44,737
• Composite: 37.28/100
• National rank: #4449
• State rank: #51 of 73 in FL

Livability — Port St. Lucie

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: Port St. Lucie, FL
• County: Saint Lucie County · 337,150 people
• City population: 221,051
• Metro: Port St. Lucie, FL
• Population (ZIP): 20,151
• Household income: $80,725
• Rent vs Own: 15.8% rent · 84.2% own
• Severe rent burden: 266.0

Population outlook (St. Lucie County) Hauer SSP2

• Today (2025): 338,016 people
• By 2030: 355,687 · +5.2%
• By 2040: 385,521 · +14.1%
• By 2050: 406,106 · +20.1%
• By 2075: 441,054 · +30.5%
• By 2100: 436,885 · +29.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.62)
• Race & ethnicity: White 55% Black 20% Hispanic / Latino 18% Two or more races 8% Asian 2%
• Hispanic origin (detail): Mexican 1% Puerto Rican 8% Cuban 3%
• Common ancestry: Hispanic 2% Romanian 1% Scotch-Irish 1%
• Foreign-born: 15% · Canada, Jamaica, China
• Languages at home: 77% English-only · Spanish 15% French/Haitian/Cajun 5% Other Indo-European 1%

Political lean MEDSL · St. Lucie

• 2024 margin: Lean R (+9.1) · D 45.1% · R 54.2%
• 2008→2024 swing: -21.2pp toward R · 2008: 12.1pp · 2024: -9.1pp
• All cycles: 2024: R+9.1 2020: R+1.6 2016: R+2.5 2012: D+7.9 2008: D+12.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -121.06%
• Current HPI: 373.9523
• Rent YoY: ▲ 4.54%
• Metro: Port St. Lucie, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+217.6% since first listed

24 events — show timeline

• 2026-05-06 Pending — RAIRCMLS
• 2026-05-05 Relisted — RAIRCMLS
• 2026-05-03 Delisted — RAIRCMLS
• 2026-05-02 Listed $216,000 RAIRCMLS
• 2021-11-05 Sold (Public Records) $265,000 Public Records
• 2021-11-01 Pending — Beaches MLS
• 2021-11-01 Sold (MLS) $265,000 Beaches MLS
• 2021-09-15 Listed — Beaches MLS
• 2021-09-13 Listed $264,900 Beaches MLS
• 2021-02-15 Sold (Public Records) $123,800 Public Records
• 2014-05-23 Sold (MLS) $77,900 Beaches MLS
• 2014-03-18 Listing Removed — Beaches MLS
• 2014-03-02 Listed $77,900 Beaches MLS
• 2007-07-30 Sold (Public Records) $155,000 Public Records
• 2007-07-27 Sold (MLS) $155,000 Beaches MLS
• 2007-06-14 Listing Removed — Beaches MLS
• 2007-05-05 Listed $159,900 Beaches MLS
• 2004-07-09 Sold (Public Records) $107,000 Public Records
• 2004-03-25 Sold (MLS) $107,000 Beaches MLS
• 2004-02-25 Listing Removed — Beaches MLS
• 2004-01-12 Listed $117,000 Beaches MLS
• 2003-11-22 Listing Removed — Beaches MLS
• 2003-11-17 Listed $111,000 Beaches MLS
• 1989-08-03 Sold (Public Records) $68,000 Public Records

Property tax history

+10.0%/yr

Latest (2025): $4,933 · +3.3% YoY. Source: county tax records.