1310 NE 14th Ct Apt K19 · Jensen Beach, FL 34957

$149,900

2 bd · 2.0 ba · 1,272 sqft · Condo public records · 83 Days on market

Built 1977 $118/sqft · 14% below area Est $174k · 14% under $525/mo HOA · 23% of rent

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Why this score? — see what drove the B- 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 +21.9/30.0
• ARV discount +13.8/15.0
• 1% rule +10.0/10.0
• DSCR +7.0/10.0
• Schools +4.5/10.0
• Livability +3.5/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Beautiful 55+ condo for sale at Beacon 21 Jensen Beach Florida. The building roof is 2023. This condo has been completely remodeled with the new kitchen and bathroom cabinets and laminate flooring throughout. Located in the heart of Jensen Beach and Its proximity to the beach. The condo has many amenities (2 pools, dry sauna, billiard room, tennis court, and shuffleboard court in the Clubhouse. Best af all in the marina for 21 feet boats that can be rented for a very low monthly fee. The owner of the apartment can enjoy the marina (if you want information you can contact the HOA)

Key facts

• Remodeled apartment
• Use of the marina
• Many amenities

Tags

• REMODELED APARTMENT
• HEART OF JENSEN BEACH
• MANY AMENITIES
• USE OF THE MARINA
• NEW ROOF

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $150k.

Deal economics

• At list price, monthly cash flow is $235 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Recommended offer: $141k (6.0% below list) — sets the bar for market timing.
• Cap rate 8.2% vs local median 4.1% in Jensen Beach — 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 70/100 on livability (#432 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+, cost of living B+; Watch: amenities F, commute F, health & safety D-.
• Martin (suburban): math 52% / reading 53% proficiency, ranked #24 of 73 in FL (top 33%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents rising (+1.0%/yr); 536 active listings in the ZIP; 25 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 737 units permitted in Martin County in 2024 (167 in 5+ unit buildings).
• This rent runs 39% of the median local income ($70k/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 $4k of value loss. Plan a longer hold.
• Martin County population projected at +19% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 83 days — a 6% lower offer ($141k) is reasonable based on typical stale-listing flexibility.
• 17 sale attempts since 13y ago; this cycle's ask is 9269% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

• Watch-outs: HOA is 23% of rent.
• Climate carrying-cost: moderate flood risk; 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 $140,906 (6.0% below list)

Questions for the listing agent

1. It's been on market 83 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1977 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
8. 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.
9. 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.
10. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.54% ✓
• Cap rate: 8.17%
• Cash-on-cash: 6.72%
• DSCR: 1.30
• GRM: 5.4

CMA / ARV

• ARV (median comp): $174,330
• List price: $149,900
• Delta: -14.01%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 1.0% rent growth · sell at horizon

5-year hold

• IRR: -9.0%
• Equity multiple: 0.68×
• Total profit: $-13,492
• Equity at exit: $22,351

10-year hold

• IRR: -3.6%
• Equity multiple: 0.79×
• Total profit: $-8,878
• Equity at exit: $12,961

Cash invested: $41,972 (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 34957

• Rents YoY: 1.0%
• Active inventory: 536
• Price-to-rent: 5.4×

Monthly cashflow live

• Estimated rent: $2,304 high
• Mortgage (P&I): −$786
• Tax from tax record: −$212 /mo · $2,539/yr
• Insurance: −$62
• HOA: −$525
• Vacancy / Maint / Mgmt: −$484
• Net cashflow: $235

Break-even live

Break-even rent $2,007

Max offer price $149,900

Occupancy floor 85%

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: $37,475
• Closing costs: $4,497
• Reserves months: —
• Total cash needed: —

Rent comps 25 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1550 NE 13th Ter Unit B16 Jensen Beach, FL	2.0	2.0	1272	$1,800	$1.42	23d	1	0.04mi
1411 NE 14th Ct #13 Jensen Beach, FL	2.0	2.0	1100	$3,000	$2.73	23d	1	0.12mi
1617 NE Nautical Pl Jensen Beach, FL	2.0	2.0	961	$1,850	$1.93	14d	1	0.20mi
1600 NE Dixie Hwy Unit 10-203 Jensen Beach, FL	2.0	2.0	1072	$2,300	$2.15	23d	1	0.24mi
1585 NE Beacon Dr #1103 Jensen Beach, FL	2.0	2.0	961	$1,495	$1.56	23d	1	0.26mi
1097 NE Kubin Ave Jensen Beach, FL	2.0	1.5	952	$2,450	$2.57	23d	1	0.56mi
2013 NE Collins Cir #50 Jensen Beach, FL	2.0	2.0	903	$1,800	$1.99	14d	1	0.63mi
1971 NE Collins Cir #20 Jensen Beach, FL	2.0	2.0	1037	$1,750	$1.69	23d	1	0.63mi
1999 NE Collins Cir Unit 3-80 Jensen Beach, FL	2.0	2.0	1067	$1,775	$1.66	23d	1	0.66mi
1001 NE Baker Rd Stuart, FL	1.0–3.0	1.0–2.0	952	$2,280	$2.40	14d	27	0.79mi
590 NE Lima Vias Jensen Beach, FL	2.0	2.0	1295	$3,300	$2.55	23d	1	0.85mi
257 Preserve Trl N Stuart, FL	3.0	2.5	1652	$2,700	$1.63	23d	1	0.98mi
1903 NE Media Ave Jensen Beach, FL	2.0	2.0	1324	$2,400	$1.81	23d	1	1.11mi
2563 NE Palm Ave Jensen Beach, FL	2.0	2.0	950	$2,400	$2.53	23d	1	1.19mi
25 NE 17th St Stuart, FL	3.0	2.0	990	$2,000	$2.02	23d	1	1.25mi
2506 NE Heron's Walk Jensen Beach, FL	2.0	1.0	1000	$2,400	$2.40	23d	1	1.27mi
2831 NE Savannah Rd Jensen Beach, FL	3.0	2.0	1248	$3,000	$2.40	23d	1	1.28mi
2646 NE Pelican Way Jensen Beach, FL	1.0	1.0	1000	$2,400	$2.40	23d	1	1.31mi
2632 NE Pelican Way Jensen Beach, FL	2.0	1.0	1000	$4,800	$4.80	23d	1	1.31mi
1398 NW Cavendish Ct Stuart, FL	2.0–3.0	2.5	1242	$2,393	$1.93	21d	11	1.31mi
150 SE Four Winds Dr Unit B303 Stuart, FL	2.0	2.0	1359	$2,500	$1.84	23d	1	1.34mi
2952 NE Savannah Rd Jensen Beach, FL	3.0	2.0	1056	$3,000	$2.84	23d	1	1.38mi
175 SE Saint Lucie Blvd Stuart, FL	2.0	2.0–2.5	1300	$2,600	$2.00	23d	4	1.46mi
1366 NE Hilltop St Jensen Beach, FL	2.0	2.0	1596	$2,700	$1.69	23d	1	1.48mi
3111 NE Savannah Rd Jensen Beach, FL	2.0	1.0	1085	$1,995	$1.84	14d	1	1.48mi

HOA detail condo

• Monthly dues: $525 · $6,300/yr
• Likely covers: pool
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 50 events

1. 2026-06-18
   days on market $149,900 Active 83 DOM
2. 2026-06-17
   days on market $149,900 Active 82 DOM
3. 2026-06-16
   days on market $149,900 Active 81 DOM
4. 2026-06-15
   days on market $149,900 Active 80 DOM
5. 2026-06-14
   days on market $149,900 Active 78 DOM
6. 2026-06-13
   days on market $149,900 Active 77 DOM
7. 2026-06-10
   days on market $149,900 Active 75 DOM
8. 2026-06-09
   days on market $149,900 Active 74 DOM
9. 2026-06-08
   days on market $149,900 Active 73 DOM
10. 2026-06-07
    days on market $149,900 Active 72 DOM
11. 2026-06-03
    days on market $149,900 Active 68 DOM
12. 2026-06-02
    days on market $149,900 Active 67 DOM
13. 2026-06-01
    days on market $149,900 Active 66 DOM
14. 2026-05-31
    days on market $149,900 Active 65 DOM
15. 2026-05-31
    days on market $149,900 Active 64 DOM
16. 2026-05-04
    historical $1,400
17. 2026-04-25
    price $1,400
18. 2026-04-24
    price $149,900 586-char remark

    Show marketing remark (586 chars)

    Beautiful 55+ condo for sale at Beacon 21 Jensen Beach Florida. The building roof is 2023. This condo has been completely remodeled with the new kitchen and bathroom cabinets and laminate flooring throughout. Located in the heart of Jensen Beach and Its proximity to the beach. The condo has many amenities (2 pools, dry sauna, billiard room, tennis court, and shuffleboard court in the Clubhouse. Best af all in the marina for 21 feet boats that can be rented for a very low monthly fee. The owner of the apartment can enjoy the marina (if you want information you can contact the HOA)

19. 2026-04-13
    price $155,000 586-char remark

    Show marketing remark (586 chars)

    Beautiful 55+ condo for sale at Beacon 21 Jensen Beach Florida. The building roof is 2023. This condo has been completely remodeled with the new kitchen and bathroom cabinets and laminate flooring throughout. Located in the heart of Jensen Beach and Its proximity to the beach. The condo has many amenities (2 pools, dry sauna, billiard room, tennis court, and shuffleboard court in the Clubhouse. Best af all in the marina for 21 feet boats that can be rented for a very low monthly fee. The owner of the apartment can enjoy the marina (if you want information you can contact the HOA)

20. 2026-03-28
    listed $1,600
21. 2026-03-26
    listed $165,000 Active 586-char remark

    Show marketing remark (586 chars)

    Beautiful 55+ condo for sale at Beacon 21 Jensen Beach Florida. The building roof is 2023. This condo has been completely remodeled with the new kitchen and bathroom cabinets and laminate flooring throughout. Located in the heart of Jensen Beach and Its proximity to the beach. The condo has many amenities (2 pools, dry sauna, billiard room, tennis court, and shuffleboard court in the Clubhouse. Best af all in the marina for 21 feet boats that can be rented for a very low monthly fee. The owner of the apartment can enjoy the marina (if you want information you can contact the HOA)

22. 2026-03-23
    historical
23. 2026-03-05
    status Active
24. 2026-03-02
    historical
25. 2026-02-03
    price $156,500
26. 2026-02-03
    price $156,500
27. 2026-02-03
    price $156,500
28. 2025-12-19
    status Active
29. 2025-12-19
    price $160,000
30. 2025-11-18
    price $160,000
31. 2025-11-18
    price $160,000
32. 2025-09-24
    historical
33. 2025-09-24
    listed $175,000 Active
34. 2025-09-22
    listed $175,000 Active
35. 2024-10-01
    historical
36. 2024-09-09
    price $219,999
37. 2024-07-09
    price $222,900
38. 2024-06-24
    listed $239,999 Active
39. 2024-06-01
    historical
40. 2024-02-27
    historical $1,795
41. 2024-01-17
    price $215,000
42. 2023-12-21
    price $219,990
43. 2023-12-01
    listed $229,999 Active
44. 2023-11-18
    listed $1,795
45. 2023-03-02
    soldstatus $178,000
46. 2023-02-28
    soldstatus $178,000 Closed
47. 2023-02-06
    status Pending
48. 2022-11-22
    price $180,000
49. 2022-10-20
    price $199,900
50. 2022-09-05
    listed $205,000 Active

ⓘ 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: $2,539 · $212/mo
• Projected year-2 tax: $2,539 · $212/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 5/10 Major FEMA zone X (unshaded) · 23% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 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 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,649
• − Mortgage interest: −$8,397
• − Property taxes: −$2,539
• − Insurance: −$750
• − Repairs & maintenance: −$2,212
• − Management: −$2,212
• − HOA: −$6,300
• − Depreciation: −$4,361
• Taxable income: $879
• Est. tax owed @ 24.0%: −$211
• After-tax cash flow: $2,610/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: Martin
• NCES district ID: 1201290
• Math proficiency: 52% ▼ -14.00%
• Reading proficiency: 53% ▼ -4.00%
• Median HH income: $52,482
• Composite: 45.1/100
• National rank: #2690
• State rank: #24 of 73 in FL

Livability — Jensen Beach

• Score: 70/100
• State rank: #432
• US rank: #7719

Category grades

Amenities F Commute F Cost of living B+ Crime A+ Employment C+ Housing A+ Health & safety D- User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Jensen Beach, FL
• County: Martin County · 165,223 people
• City population: 23,462
• Metro: Port St. Lucie, FL
• Population (ZIP): 23,462
• Household income: $70,403
• Rent vs Own: 23.8% rent · 76.2% own
• Severe rent burden: 946.0

Population outlook (Martin County) Hauer SSP2

• Today (2025): 172,383 people
• By 2030: 180,192 · +4.5%
• By 2040: 194,114 · +12.6%
• By 2050: 204,992 · +18.9%
• By 2075: 229,641 · +33.2%
• By 2100: 232,146 · +34.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (85%)
• Race & ethnicity: White 85% Hispanic / Latino 7% Two or more races 6% Asian 2% Black 2%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2% Cuban 1%
• Common ancestry: Romanian 4% Slovak 3% Lithuanian 3%
• Foreign-born: 10% · Canada, Jamaica
• Languages at home: 90% English-only · Spanish 5% Other Indo-European 2% Tagalog/Filipino 1%

Political lean MEDSL · Martin

• 2024 margin: Solid R (+31.1) · D 34.1% · R 65.2%
• 2008→2024 swing: -17.5pp toward R · 2008: -13.6pp · 2024: -31.1pp
• All cycles: 2024: R+31.1 2020: R+24.6 2016: R+26.9 2012: R+22.9 2008: R+13.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -319.66%
• Current HPI: 340.0172
• Rent YoY: ▲ 1.00%
• 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

-96.4% since first listed

55 events — show timeline

• 2026-05-04 Rental Removed $1,400 RMLSFL
• 2026-04-25 Price Changed $1,400 RMLSFL
• 2026-04-24 Price Changed $149,900 Beaches MLS
• 2026-04-13 Price Changed $155,000 Beaches MLS
• 2026-03-28 Listed for Rent $1,600 RMLSFL
• 2026-03-26 Listed $165,000 Beaches MLS
• 2026-03-23 Listing Removed — SCMLS
• 2026-03-05 Relisted — RAIRCMLS
• 2026-03-02 Listing Removed — SCMLS
• 2026-02-03 Price Changed $156,500 Beaches MLS
• 2026-02-03 Price Changed $156,500 SCMLS
• 2026-02-03 Price Changed $156,500 RAIRCMLS
• 2025-12-19 Relisted — RAIRCMLS
• 2025-12-19 Price Changed $160,000 RAIRCMLS
• 2025-11-18 Price Changed $160,000 Beaches MLS
• 2025-11-18 Price Changed $160,000 SCMLS
• 2025-09-24 Delisted — RAIRCMLS
• 2025-09-24 Listed $175,000 SCMLS
• 2025-09-22 Listed $175,000 RAIRCMLS
• 2024-10-01 Listing Removed — Beaches MLS
• 2024-09-09 Price Changed $219,999 Beaches MLS
• 2024-07-09 Price Changed $222,900 Beaches MLS
• 2024-06-24 Listed $239,999 Beaches MLS
• 2024-06-01 Listing Removed — Beaches MLS
• 2024-02-27 Rental Removed $1,795 GFLMLS
• 2024-01-17 Price Changed $215,000 Beaches MLS
• 2023-12-21 Price Changed $219,990 Beaches MLS
• 2023-12-01 Listed $229,999 Beaches MLS
• 2023-11-18 Listed for Rent $1,795 GFLMLS
• 2023-03-02 Sold (Public Records) $178,000 Public Records
• 2023-02-28 Sold (MLS) $178,000 Beaches MLS
• 2023-02-06 Pending — Beaches MLS
• 2022-11-22 Price Changed $180,000 Beaches MLS
• 2022-10-20 Price Changed $199,900 Beaches MLS
• 2022-09-05 Listed $205,000 Beaches MLS
• 2021-02-05 Sold (MLS) $120,000 MCRTC
• 2021-01-15 Sold (Public Records) $120,000 Public Records
• 2020-12-23 Pending — MCRTC
• 2020-12-08 Relisted — MCRTC
• 2020-11-14 Pending — MCRTC
• 2020-10-31 Listed $124,900 MCRTC
• 2017-02-08 Listing Removed — MCRTC
• 2016-12-27 Price Changed $104,900 MCRTC
• 2016-12-01 Listed $107,000 MCRTC
• 2016-09-19 Sold (MLS) $70,314 Beaches MLS
• 2016-08-23 Pending — Beaches MLS
• 2016-08-16 Relisted — Beaches MLS
• 2016-07-27 Pending — Beaches MLS
• 2016-07-21 Relisted — Beaches MLS
• 2016-07-20 Pending — Beaches MLS
• 2016-07-12 Listed $66,500 Beaches MLS
• 2014-09-06 Listing Removed — MCRTC
• 2013-09-06 Listed $42,500 MCRTC
• 2006-10-02 Sold (Public Records) $130,000 Public Records
• 1979-04-01 Sold (Public Records) $38,500 Public Records

Property tax history

+11.2%/yr

Latest (2025): $2,539 · -4.0% YoY. Source: county tax records.