555 SE Airoso Blvd · River Park, FL 34983

$285,000

2 bd · 1.5 ba · 1,092 sqft · SingleFamily public records · 49 Days on market

Built 1964 9,000 sqft lot Est $276k · at est.

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Why this score? — see what drove the D- 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 +10.7/30.0
• ARV discount +6.1/15.0
• Schools +3.7/10.0
• Livability +3.5/5.0
• 1% rule +3.1/10.0
• DSCR +3.1/10.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Cash-only investor opportunity! This three-bedroom, two-bath home with a one-car garage is a true value-add renovation project. All plumbing fixtures have been removed, and there are no appliances, allowing investors to design and rebuild to their specifications. The property features terrazzo flooring and a newer HVAC system with a transferable service protection plan through Elite Air. Ideal for a quick renovation and flip or potential rental repositioning. Strong upside potential—don't miss this opportunity.

Key facts

• Gourmet kitchen
• Free standing tub
• 9,000 sq ft lot

Tags

• GOURMET KITCHEN
• CALACATTA QUARTZ COUNTERTOPS
• SOFT-CLOSE SHAKER CABINETRY
• SPA-INSPIRED BATHROOMS
• FREE STANDING TUB
• WATERPROOF LAMINATE FLOORING

Property features AI

Finance

• Other: Pets allowed with no restrictions
• Financial info: No investor or multifamily financial details provided
• HOA & community: No HOA or community details provided

Exterior

• Parking: Attached garage (1 car); Covered parking available; Driveway; On-street parking; Total of 4 parking spaces (3 open spaces)
• Security: No security features listed
• Utilities: Public water; Public sewer; Electricity available; Cable available; Phone available
• Home design: Single-family residence; One story; Resale property; Faces west
• Construction: Wood frame construction; Shingle roof; Built as single-story (year built not provided)
• Exterior features: Back yard fence; Sidewalks

Interior

• Kitchen: Dishwasher; Electric range; Microwave; Refrigerator
• Bedrooms: Two bedrooms on the main level
• Flooring: Laminate flooring
• Bathrooms: Two full bathrooms
• Heating & cooling: Central heating; Central air; Ceiling fans
• Interior features: No notable interior features listed
• Laundry & utility: No laundry details provided

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath single-family listed at $285k.

Deal economics

• At list price, monthly cash flow is $-137 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $261k (8.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $230k (19.4% below list).
• Recommended offer: $230k (19.4% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 69/100 on livability (#451 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, commute A-; Watch: amenities F, employment F, health & safety D-.
• 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: Floresta Elementary School (math 44% / reading 44%, grade F, #1,330 of 2,144 statewide, top 63%, 647 students, 77% FRL); Southern Oaks Middle School (math 39% / reading 43%, grade F, #353 of 571 statewide, top 63%, 894 students, 76% FRL); St. Lucie West Centennial High (math 26% / reading 47%, grade F, #351 of 667 statewide, top 54%, 2,766 students, 59% FRL).
• Market conditions: Rents rising (+1.5%/yr); 358 active listings in the ZIP; 27 comparable units currently listed for rent nearby; rentals at typical pace (median 22d 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 37% of the median local income ($75k/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 $2k of loan paydown is wiped out by about $9k 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

• It's been on market 49 days — a 3% lower offer ($276k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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.
• Current owner paid $145k; list at $285k implies a 97% gain — meaningful room to come down on a strong offer.

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 $229,763 (19.4% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 49 days. Have you received any prior offers? Is the seller open to a 19% concession, seller financing, or rate buy-down credit?
3. Built in 1964 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. 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.
8. 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.
9. 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: 0.81% ✗
• Cap rate: 5.71%
• Cash-on-cash: -2.07%
• DSCR: 0.91
• GRM: 10.3

CMA / ARV

• ARV (on-the-fly): $276,276
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
175 SE El Sito Ct	0.12mi	2/1.0	1,082 (-1%)	5mo	$185,800	$172	87
131 SE Lucero Dr	0.18mi	2/2.0	1,145 (+5%)	2mo	$290,000	$253	80
821 SE Solaz Ave	0.22mi	3/2.0 (+1)	1,136 (+4%)	5mo	$275,000	$242	72
775 SW Goodrich St	0.18mi	3/2.0 (+1)	1,166 (+7%)	9mo	$352,000	$302	66
180 NE Lobster Rd	0.46mi	2/1.0	1,078 (-1%)	12mo	$250,000	$232	64
802 SW Curry St	0.54mi	2/2.0	1,040 (-5%)	4mo	$200,000	$192	61
874 SW Goodrich St	0.32mi	2/2.0	942 (-14%)	3mo	$310,000	$329	58
325 SE Bayview Ter	0.46mi	2/2.0	1,000 (-8%)	11mo	$270,000	$270	54
317 SW Buxton Ave	0.53mi	3/2.0 (+1)	1,056 (-3%)	15mo	$260,000	$246	50
150 SE Dwight Ave	0.61mi	2/2.0	1,025 (-6%)	15mo	$289,900	$283	47
1120 SW Ithaca St	0.56mi	3/2.0 (+1)	1,147 (+5%)	14mo	$275,000	$240	46
854 SE Preston Ln	0.74mi	2/1.5	930 (-15%)	11mo	$265,000	$285	32

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 · 1.53% rent growth · sell at horizon

5-year hold

• IRR: -21.4%
• Equity multiple: 0.27×
• Total profit: $-58,264
• Equity at exit: $42,494

10-year hold

• IRR: -18.7%
• Equity multiple: 0.06×
• Total profit: $-75,256
• Equity at exit: $24,642

Cash invested: $79,800 (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 34983

• Home prices YoY: -33.9%
• Rents YoY: 1.5%
• Active inventory: 358
• Price-to-rent: 10.3×

Monthly cashflow live

• Estimated rent: $2,298 high
• Mortgage (P&I): −$1,495
• Tax from tax record: −$339 /mo · $4,072/yr
• Insurance: −$119
• HOA: −$0
• Vacancy / Maint / Mgmt: −$483
• Net cashflow: $-137

Break-even live

Break-even rent $2,472

Max offer price $260,712

Occupancy floor —

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: $71,250
• Closing costs: $8,550
• Reserves months: —
• Total cash needed: —

Rent comps 27 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
151 SE Castana Ct Port Saint Lucie, FL	3.0	2.0	1382	$2,500	$1.81	23d	1	0.11mi
107 SE Lucero Dr Port Saint Lucie, FL	3.0	2.0	1326	$2,150	$1.62	21d	1	0.22mi
116 Prima Vista Blvd Unit A Port St. Lucie, FL	3.0	1.0	1314	$2,600	$1.98	23d	1	0.24mi
738 SW Ravenswood Ln Port St Lucie, FL	2.0	2.0	894	$2,100	$2.35	21d	1	0.27mi
642 SW Bolin Ct Port Saint Lucie, FL	3.0	2.0	1166	$2,150	$1.84	21d	1	0.33mi
491 SW Curtis St Port Saint Lucie, FL	1.0	1.0	750	$1,800	$2.40	23d	1	0.39mi
213 NE Prima Vista Blvd Port Saint Lucie, FL	2.0	1.0	1012	$2,000	$1.98	23d	1	0.44mi
160 NE Bracken Rd Port Saint Lucie, FL	3.0	2.0	1166	$2,200	$1.89	23d	1	0.62mi
160 NE Bracken Rd Port Saint Lucie, FL	3.0	2.0	1166	$2,200	$1.89	21d	1	0.62mi
121 SE Juper Ave Port Saint Lucie, FL	2.0	2.0	1450	$2,500	$1.72	23d	1	0.62mi
351 SW Buswell Ave Port Saint Lucie, FL	2.0	2.0	1234	$2,200	$1.78	14d	1	0.64mi
201 NE Midfield Ln Port Saint Lucie, FL	2.0	2.0	1389	$2,500	$1.80	23d	1	0.69mi
336 SE Tranquilla Ave Port Saint Lucie, FL	3.0	3.0	1412	$2,700	$1.91	14d	1	0.69mi
456 SW Prado Ave Port Saint Lucie, FL	3.0	2.0	1376	$2,100	$1.53	14d	1	0.82mi
507 NW Billiar Ave Port St Lucie, FL	3.0	2.0	1249	$2,350	$1.88	21d	1	0.86mi
1189 SW Broadview St Port Saint Lucie, FL	2.0	2.0	988	$2,200	$2.23	14d	1	0.94mi
385 NW Broadview St Port Saint Lucie, FL	2.0	2.0	1500	$2,300	$1.53	23d	1	0.97mi
325 NW Ferris Dr Port Saint Lucie, FL	2.0	2.0	1100	$1,900	$1.73	14d	1	0.99mi
554 SW Lakehurst Dr Port Saint Lucie, FL	3.0	2.0	1054	$2,100	$1.99	14d	1	1.00mi
173 SE Fallon Dr Port Saint Lucie, FL	3.0	2.0	1281	$2,400	$1.87	14d	1	1.03mi
1382 SE Sandia Dr Port Saint Lucie, FL	2.0	1.0	945	$1,000	$1.06	23d	1	1.10mi
730 SE White Ave Port Saint Lucie, FL	2.0	2.0	1386	$10,000	$7.22	23d	1	1.18mi
326 SW Ray Ave Port Saint Lucie, FL	3.0	2.0	1350	$2,400	$1.78	23d	1	1.19mi
326 SW Ray Ave Port Saint Lucie, FL	3.0	2.0	1350	$2,350	$1.74	21d	1	1.19mi
650 SE Evergreen Ter Port Saint Lucie, FL	2.0	2.0	974	$2,095	$2.15	14d	1	1.27mi
385 SW Fairway Ave Port Saint Lucie, FL	3.0	2.0	1440	$2,800	$1.94	23d	1	1.35mi
367 NW Aurora St Port Saint Lucie, FL	2.0	1.0	940	$2,050	$2.18	14d	1	1.40mi

Listing history 8 events

1. 2026-05-13
   status Pending
2. 2026-05-07
   price $285,000
3. 2026-04-21
   price $289,999
4. 2026-03-25
   listed $295,000 Active
5. 2026-01-30
   soldstatus $145,000 Closed 522-char remark

   Show marketing remark (522 chars)

   Cash-only investor opportunity! This three-bedroom, two-bath home with a one-car garage is a true value-add renovation project. All plumbing fixtures have been removed, and there are no appliances, allowing investors to design and rebuild to their specifications. The property features terrazzo flooring and a newer HVAC system with a transferable service protection plan through Elite Air. Ideal for a quick renovation and flip or potential rental repositioning. Strong upside potential—don't miss this opportunity.

6. 2026-01-16
   status Pending 522-char remark

   Show marketing remark (522 chars)

   Cash-only investor opportunity! This three-bedroom, two-bath home with a one-car garage is a true value-add renovation project. All plumbing fixtures have been removed, and there are no appliances, allowing investors to design and rebuild to their specifications. The property features terrazzo flooring and a newer HVAC system with a transferable service protection plan through Elite Air. Ideal for a quick renovation and flip or potential rental repositioning. Strong upside potential—don't miss this opportunity.

7. 2026-01-13
   historical Active Under Contract 522-char remark

   Show marketing remark (522 chars)

   Cash-only investor opportunity! This three-bedroom, two-bath home with a one-car garage is a true value-add renovation project. All plumbing fixtures have been removed, and there are no appliances, allowing investors to design and rebuild to their specifications. The property features terrazzo flooring and a newer HVAC system with a transferable service protection plan through Elite Air. Ideal for a quick renovation and flip or potential rental repositioning. Strong upside potential—don't miss this opportunity.

8. 2026-01-08
   listed $230,000 Active 522-char remark

   Show marketing remark (522 chars)

   Cash-only investor opportunity! This three-bedroom, two-bath home with a one-car garage is a true value-add renovation project. All plumbing fixtures have been removed, and there are no appliances, allowing investors to design and rebuild to their specifications. The property features terrazzo flooring and a newer HVAC system with a transferable service protection plan through Elite Air. Ideal for a quick renovation and flip or potential rental repositioning. Strong upside potential—don't miss this opportunity.

ⓘ 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: $4,072 · $339/mo
• Projected year-2 tax: $4,072 · $339/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 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 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,572
• − Mortgage interest: −$15,964
• − Property taxes: −$4,072
• − Insurance: −$1,425
• − Repairs & maintenance: −$2,206
• − Management: −$2,206
• − Depreciation: −$8,291
• Taxable loss: −$6,592
• Est. tax savings @ 24.0%: +$1,582
• After-tax cash flow: $-68/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 — River Park

• Score: 69/100
• State rank: #451
• US rank: #8159

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: River Park, FL
• County: Saint Lucie County · 337,150 people
• Metro: Port St. Lucie, FL
• Population (ZIP): 49,001
• Household income: $75,489
• Rent vs Own: 15.2% rent · 84.8% own
• Severe rent burden: 843.0

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 0.65)
• Race & ethnicity: White 51% Hispanic / Latino 23% Black 18% Two or more races 13% Asian 3%
• Hispanic origin (detail): Mexican 3% Puerto Rican 9% Cuban 3%
• Common ancestry: Hispanic 3% Romanian 2% Italian 1%
• Foreign-born: 19% · Canada, Guatemala, Jamaica
• Languages at home: 74% English-only · Spanish 15% French/Haitian/Cajun 4% Other Indo-European 2%

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: ▼ -209.28%
• Current HPI: 407.6341
• Rent YoY: ▲ 1.53%
• 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

+23.9% since first listed

8 events — show timeline

• 2026-05-13 Pending — Beaches MLS
• 2026-05-07 Price Changed $285,000 Beaches MLS
• 2026-04-21 Price Changed $289,999 Beaches MLS
• 2026-03-25 Listed $295,000 Beaches MLS
• 2026-01-30 Sold (MLS) $145,000 Beaches MLS
• 2026-01-16 Pending — Beaches MLS
• 2026-01-13 Contingent — Beaches MLS
• 2026-01-08 Listed $230,000 Beaches MLS

Property tax history

+13.6%/yr

Latest (2025): $4,072 · +5.8% YoY. Source: county tax records.