1610 N 14th St · Fort Pierce, FL 34950

$110,000

1 bd · 1.0 ba · 1,072 sqft · SingleFamily public records · 15 Days on market

Built 1953 6,325 sqft lot Est $89k · 24% over

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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 +30.0/30.0
• DSCR +10.0/10.0
• 1% rule +8.9/10.0
• Rent growth +4.0/5.0
• Livability +3.8/5.0
• Schools +3.7/10.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks

Spacious 3 bedrooms/ 1 bathroom, SFH with wood laminated flooring, window A/Cs, quiet street, near schools, enclosed porch, good size backyard, parking for 3 or more cars, 10 or less minutes to the beach, near Route 1. Sale is 'AS-IS'. Written MLS form 'AS-IS' offers will be considered.

Key facts

• Good size backyard
• Enclosed porch
• 6,325 sq ft lot

Tags

• WOOD LAMINATED FLOORING
• ENCLOSED PORCH
• GOOD SIZE BACKYARD
• PARKING FOR 3 OR MORE CARS

Property features AI

Finance

• Other: Pets allowed with no restrictions

Exterior

• Parking: Unpaved parking; Three open parking spaces (total 3)
• Security: Carbon monoxide detector(s)
• Utilities: Public water; Public sewer; Cable available; Electricity available; 100 Amp service, 220 volts; Water available; sewer connected
• Home design: Single-family residence; One story; Entry level: 1; Faces west; Resale condition; Lighting energy-efficient features
• Construction: Frame construction; Shingle roof; Raised foundation; Built as a single-story with approximately 1,072–1,076 sq ft living/building area
• Exterior features: Back yard fence; Front door entry; City street frontage; Asphalt road; public maintained road; Not waterfront

Interior

• Kitchen: Electric range; Refrigerator; Electric water heater
• Bedrooms: One main-level bedroom
• Flooring: Laminate flooring; Wood flooring
• Bathrooms: One full bathroom on the main level
• Heating & cooling: Wall/window air conditioning units; 100 Amp electric service with 220 volts
• Interior features: No built-in interior features listed; Carbon monoxide detector(s)
• Laundry & utility: Laundry located in kitchen

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath single-family listed at $110k.

Deal economics

• At list price, monthly cash flow is $413 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $110k).
• Recommended offer: $108k (1.5% below list) — sets the bar for market timing.
• Cap rate 10.8% vs local median 3.7% in Fort Pierce — 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 76/100 on livability (#226 in FL, #3,360 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: crime D+, schools D, amenities F.
• 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.
• Market conditions: Rents rising fast (+5.9%/yr); 165 active listings in the ZIP; 26 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 4,868 units permitted in St. Lucie County in 2024 (268 in 5+ unit buildings).
• At $1,534/mo this rent would consume 61% of the median local household income ($30k/yr) (locally 1995% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $761 of loan paydown is wiped out by about $3k 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.
• At projected returns (-3.0% appreciation + 5.9% rent growth), your $31k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 15 days — a 2% lower offer ($108k) is reasonable based on typical stale-listing flexibility.
• 17 sale attempts since 28y 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.
• Current owner paid $53k; list at $110k implies a 106% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1953 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $108,350 (1.5% below list)

Questions for the listing agent

1. Built in 1953 — 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. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. 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.
6. 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.
7. 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: 1.39% ✓
• Cap rate: 10.79%
• Cash-on-cash: 16.07%
• DSCR: 1.72
• GRM: 6.0

CMA / ARV

• ARV (on-the-fly): $88,976
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
911 N 21st St	0.68mi	2/1.0 (+1)	1,092 (+2%)	2mo	$91,000	$83	59

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 · 5.94% rent growth · sell at horizon

5-year hold

• IRR: 10.4%
• Equity multiple: 1.43×
• Total profit: $13,170
• Equity at exit: $16,401

10-year hold

• IRR: 21.9%
• Equity multiple: 3.14×
• Total profit: $65,853
• Equity at exit: $9,511

Cash invested: $30,800 (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 34950

• Home prices YoY: -20.2%
• Rents YoY: 5.9%
• Active inventory: 165
• Price-to-rent: 6.0×

Monthly cashflow live

• Estimated rent: $1,534 high
• Mortgage (P&I): −$577
• Tax from tax record: −$176 /mo · $2,116/yr
• Insurance: −$46
• HOA: −$0
• Vacancy / Maint / Mgmt: −$322
• Net cashflow: $413

Break-even live

Break-even rent $1,011

Max offer price $110,000

Occupancy floor 68%

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: $27,500
• Closing costs: $3,300
• Reserves months: —
• Total cash needed: —

Rent comps 26 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1601 N 17th St Fort Pierce, FL	2.0	1.0	996	$1,650	$1.66	23d	1	0.25mi
1308 N 21st St Apt A Fort Pierce, FL	2.0	1.0	1200	$1,499	$1.25	23d	1	0.52mi
815 Dundas Ct Unit B Fort Pierce, FL	2.0	1.0	1323	$1,400	$1.06	14d	1	0.66mi
704 N 18th St Unit B Fort Pierce, FL	2.0	1.0	1352	$1,700	$1.26	23d	1	0.69mi
1610 N 25th St Unit 13 Fort Pierce, FL	2.0	1.0	740	$1,550	$2.09	23d	1	0.70mi
1610 N 25th St Unit 10 Fort Pierce, FL	2.0	1.0	740	$1,600	$2.16	23d	1	0.70mi
1610 N 25th St Unit 1 Fort Pierce, FL	2.0	1.0	740	$1,600	$2.16	14d	1	0.70mi
1604 Avenue E Fort Pierce, FL	2.0	1.0	713	$1,350	$1.89	14d	1	0.71mi
1407 Avenue E Apt B Fort Pierce, FL	—	2.0	1275	$1,300	$1.02	23d	1	0.73mi
701 N 9th St Unit B Fort Pierce, FL	2.0	2.0	740	$1,395	$1.89	23d	1	0.76mi
1127 E Avenue Unit A Fort Pierce, FL	2.0	1.0	784	$1,800	$2.30	21d	1	0.76mi
508 Means Ct Unit A Fort Pierce, FL	1.0	1.0	826	$775	$0.94	23d	1	0.83mi
434 N 17th St Fort Pierce, FL	2.0	1.0	712	$1,500	$2.11	23d	1	0.91mi
3002 Avenue Q Fort Pierce, FL	2.0	1.0	864	$1,900	$2.20	23d	1	1.05mi
3101 Avenue T Fort Pierce, FL	2.0	2.0	1064	$1,980	$1.86	23d	1	1.13mi
205 N 22nd St Fort Pierce, FL	2.0	1.0	1050	$1,500	$1.43	23d	1	1.26mi
1310 Atlantic Ave Unit B Fort Pierce, FL	1.0	1.0	700	$1,550	$2.21	14d	1	1.28mi
1310 Atlantic Ave Unit B Fort Pierce, FL	1.0	1.0	700	$1,620	$2.31	23d	1	1.28mi
804 Orange Ave Unit B Fort Pierce, FL	2.0	1.0	700	$1,350	$1.93	14d	1	1.30mi
804 Orange Ave Unit B Fort Pierce, FL	2.0	1.0	700	$1,450	$2.07	23d	1	1.30mi
312 N 27th St Fort Pierce, FL	2.0	1.0	868	$1,600	$1.84	23d	1	1.34mi
2908 Dunbar St Fort Pierce, FL	2.0	1.0	942	$1,300	$1.38	21d	1	1.34mi
2760 Seneca Ave Fort Pierce, FL	2.0	1.0	837	$1,500	$1.79	23d	1	1.35mi
127 S 10th St Fort Pierce, FL	2.0	1.0	809	$1,800	$2.22	23d	1	1.36mi
1002 Boston Ave Fort Pierce, FL	2.0	1.0	809	$2,000	$2.47	23d	1	1.36mi
1406 Citrus Ave Fort Pierce, FL	2.0	1.0	930	$1,600	$1.72	14d	1	1.39mi

Listing history 12 events

1. 2026-06-18
   days on market $110,000 Active 15 DOM
2. 2026-06-17
   days on market $110,000 Active 14 DOM
3. 2026-06-16
   days on market $110,000 Active 13 DOM
4. 2026-06-15
   days on market $110,000 Active 12 DOM
5. 2026-06-14
   days on market $110,000 Active 10 DOM
6. 2026-06-13
   days on market $110,000 Active 9 DOM
7. 2026-06-10
   days on market $110,000 Active 7 DOM
8. 2026-06-09
   days on market $110,000 Active 6 DOM
9. 2026-06-08
   days on market $110,000 Active 5 DOM
10. 2026-06-07
    days on market $110,000 Active 4 DOM
11. 2026-06-03
    remarks 287-char remark
12. 2026-06-03
    listed $110,000 Active 1 DOM

ⓘ 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: $2,116 · $176/mo
• Projected year-2 tax: $2,116 · $176/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 3/10 Moderate FEMA zone X (unshaded) · 7% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥106°F today · 26 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: $18,404
• − Mortgage interest: −$6,162
• − Property taxes: −$2,116
• − Insurance: −$550
• − Repairs & maintenance: −$1,472
• − Management: −$1,472
• − Depreciation: −$3,200
• Taxable income: $3,432
• Est. tax owed @ 24.0%: −$824
• After-tax cash flow: $4,127/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 — Fort Pierce

• Score: 76/100
• State rank: #226
• US rank: #3360

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Fort Pierce, FL
• County: Saint Lucie County · 337,150 people
• City population: 78,556
• Metro: Port St. Lucie, FL
• Population (ZIP): 17,461
• Household income: $30,400
• Rent vs Own: 61.1% rent · 38.9% own
• Severe rent burden: 1995.0

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: Majority Black (63%)
• Race & ethnicity: Black 63% Hispanic / Latino 19% White 17% Two or more races 10%
• Hispanic origin (detail): Mexican 10% Puerto Rican 2% Cuban 1%
• Common ancestry: Hispanic 17% Portuguese 1%
• Foreign-born: 23% · Canada
• Languages at home: 69% English-only · Spanish 14% French/Haitian/Cajun 12% Other Indo-European 4%

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: ▼ -97.20%
• Current HPI: 384.8532
• Rent YoY: ▲ 5.94%
• 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

+511.1% since first listed

42 events — show timeline

• 2026-06-03 Listed $110,000 Beaches MLS
• 2026-03-30 Listing Removed — Beaches MLS
• 2026-02-14 Price Changed $138,000 Beaches MLS
• 2026-02-14 Relisted — Beaches MLS
• 2026-01-31 Listing Removed — Beaches MLS
• 2025-10-30 Price Changed $140,000 Beaches MLS
• 2025-10-14 Price Changed $161,900 Beaches MLS
• 2025-10-14 Relisted — Beaches MLS
• 2025-10-01 Listing Removed — Beaches MLS
• 2025-08-28 Price Changed $166,900 Beaches MLS
• 2025-07-31 Price Changed $171,900 Beaches MLS
• 2025-07-02 Listed $175,490 Beaches MLS
• 2024-03-03 Rental Removed $1,450 RMLSFL
• 2024-02-10 Listing Removed — Beaches MLS
• 2023-12-19 Listed for Rent $1,450 RMLSFL
• 2023-12-12 Relisted — Beaches MLS
• 2023-12-10 Listing Removed — Beaches MLS
• 2023-09-10 Listed $174,900 Beaches MLS
• 2023-05-14 Listing Removed — Beaches MLS
• 2023-02-15 Relisted — Beaches MLS
• 2023-02-14 Listing Removed — Beaches MLS
• 2022-11-16 Listed $156,900 Beaches MLS
• 2021-04-04 Listing Removed — Beaches MLS
• 2021-03-31 Relisted — Beaches MLS
• 2021-03-21 Pending — Beaches MLS
• 2021-01-09 Relisted — Beaches MLS
• 2021-01-05 Listing Removed — Beaches MLS
• 2020-08-05 Listed $89,900 Beaches MLS
• 2020-03-25 Listing Removed — Beaches MLS
• 2019-12-05 Listed $90,000 Beaches MLS
• 2017-10-27 Sold (Public Records) $53,350 Public Records
• 2017-09-28 Listing Removed — MARMLS
• 2017-08-31 Listed $52,900 MARMLS
• 2016-11-11 Sold (MLS) $29,500 Beaches MLS
• 2016-10-26 Pending — Beaches MLS
• 2016-06-02 Relisted — Beaches MLS
• 2016-05-30 Listing Removed — Beaches MLS
• 2016-05-19 Listed $39,000 Beaches MLS
• 1998-07-02 Sold (MLS) $15,000 Beaches MLS
• 1998-07-01 Sold (Public Records) $30,000 Public Records
• 1998-07-01 Listing Removed — Beaches MLS
• 1998-04-20 Listed $18,000 Beaches MLS

Property tax history

+14.2%/yr

Latest (2025): $2,116 · +6.7% YoY. Source: county tax records.