7089 SE Bluebird Cir · Hobe Sound, FL 33455

$225,000

2 bd · 2.0 ba · 1,429 sqft · Manufactured public records · 40 Days on market

Built 1978 5,864 sqft lot $157/sqft · 6% above area Est $213k · 6% over

---

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 +25.7/30.0
• DSCR +8.6/10.0
• 1% rule +6.4/10.0
• ARV discount +4.9/15.0
• Schools +4.5/10.0
• Livability +3.5/5.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

WELCOME HOME to this Light and Bright and Beautifully Maintained home in the Active Community of Ridgeway Mobile Homes! NO Mandatory HOA - You CAN Park your boat in your driveway AND have pets! This 2 | 2 property has a Florida room AND Utility Room under air with separate AC unit that adds an additional 473 sq feet to the property and this room has interior entrance to main home! Flat roof was powerwashed and resealed with silicone sealant from Sailfish roofing in 2021. New flooring throughout in 2017 | Master bath updated with new vanity, shower, toilet 2017 | 2nd bath new vanity and toilet in 2017| Professionally landscaped corner lot with sprinkler system | reverse osmosis water filter in kitchen | NEW AC Compressor 2023| Ring security system | Accordian Shutters! WELCOME HOME to this Light and Bright and Beautifully Maintained home in the Active Community of Ridgeway Mobile Homes! NO Mandatory HOA - You CAN Park your boat in your driveway AND have pets! This 2 | 2 property has a Florida room AND Utility Room under air with separate AC unit that adds an additional 473 sq feet to the property and this room has interior entrance to main home! Flat roof was powerwashed and resealed with silicone sealant from Sailfish roofing in 2021. New flooring throughout in 2017 | Master bath updated with new vanity, shower, toilet 2017 | 2nd bath new vanity and toilet in 2017| Professionally landscaped corner lot with sprinkler system | reverse osmosis water filter in kitchen | NEW AC Compressor 2023| Ring security system | Accordian Shutters! Ridgeway is a large pet friendly community in the center of Hobe Sound. There is a community room, swimming pool, a library and shuffleboard! Close to Shopping, Dining, Golfing and Waterfront Activities and Festivals.

Key facts

• Tropical side lanai
• New a/c
• Corner doublewide

Tags

• CORNER DOUBLEWIDE
• TROPICAL SIDE LANAI
• NEW A/C
• LUXURY VINYL FLOORING
• GRANITE COUNTERS
• STEP IN SHOWER

Property features AI

Finance

• Financial info: Pets allowed with no restrictions

Exterior

• Parking: 3 total parking spaces (includes 1 covered); Attached carport (1 carport space); 2 open parking spaces; Concrete parking
• Utilities: Public water; Public sewer; 220 volt electric; Cable available; Water and sewer available
• Home design: Manufactured home (double wide); One story; Entry under carport; Faces north
• Construction: Modular / pre-fab construction; Double wide body type; Metal roof; Mobile home remains present (60' x 24'); Built as resale property
• Exterior features: Screened porch; Porch (glass enclosed); Shed/storage; Corner lot; Asphalt paved road

Interior

• Kitchen: Dishwasher; Electric range; Refrigerator; Water purifier (owned)
• Bedrooms: 2 bedrooms on the main level
• Flooring: Vinyl
• Bathrooms: 2 full bathrooms on the main level
• Heating & cooling: Central electric heating; Central electric air conditioning
• Interior features: Walk-in closets; Shutters
• Laundry & utility: Laundry room; Electric water heater

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $225k.

Deal economics

• At list price, monthly cash flow is $541 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $225k).
• Recommended offer: $218k (3.0% below list) — sets the bar for market timing.
• Cap rate 9.2% vs local median 3.3% in Hobe Sound — 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 69/100 on livability (#497 in FL) — a middle-class / working-renter tenant base. Strengths: housing A+, crime A, cost of living A; Watch: employment C-, amenities F, commute F.
• 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.
• Zoned schools: Sea Wind Elementary School (math 43% / reading 46%, grade F, #1,288 of 2,144 statewide, top 62%, 501 students, 72% FRL); Murray Middle School (math 45% / reading 43%, grade D, #327 of 571 statewide, top 57%, 616 students, 69% FRL); South Fork High School (math 36% / reading 48%, grade F, #275 of 667 statewide, top 42%, 1,810 students, 51% FRL) — zoned schools average 64% FRL vs 41% district-wide (23 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+1.8%/yr); 283 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals at typical pace (median 25d 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 44% 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 $2k of loan paydown is wiped out by about $7k 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 40 days — a 3% lower offer ($218k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 3y ago; this cycle's ask has dropped $15k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $218,250 (3.0% below list)

Questions for the listing agent

1. It's been on market 40 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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.
5. 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.
6. 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: 1.14% ✓
• Cap rate: 9.18%
• Cash-on-cash: 10.30%
• DSCR: 1.46
• GRM: 7.3

CMA / ARV

• ARV (median comp): $212,847
• List price: $225,000
• Delta: 5.71%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
8031 SE Homestead Ave	0.25mi	2/2.0	1,322 (-8%)	1mo	$169,000	$128	75
8199 SE Eagle Ave	0.21mi	3/2.0 (+1)	1,358 (-5%)	3mo	$260,000	$191	74
7874 SE Saratoga Dr	0.46mi	2/2.0	1,485 (+4%)	1mo	$225,000	$152	71
7924 SE Saratoga Dr	0.41mi	2/2.0	1,513 (+6%)	2mo	$285,000	$188	69
7107 SE Seahawk St	0.17mi	2/2.0	1,236 (-14%)	1mo	$215,000	$174	68
7843 SE Saratoga Dr	0.48mi	2/2.0	1,505 (+5%)	1mo	$230,000	$153	68
7955 SE Independence Ave	0.32mi	2/2.0	1,279 (-10%)	1mo	$234,500	$183	66
8508 SE Swan Ave	0.27mi	2/2.0	1,248 (-13%)	1mo	$195,000	$156	66
7660 SE Shenandoah Dr SE	0.65mi	2/2.0	1,475 (+3%)	2mo	$236,000	$160	63
7850 SE Shenandoah Dr	0.44mi	2/2.0	1,293 (-10%)	2mo	$210,000	$162	61
7338 SE Redbird Cir	0.19mi	3/2.0 (+1)	1,224 (-14%)	1mo	$202,000	$165	61
7630 SE Shenandoah Dr	0.68mi	3/2.0 (+1)	1,531 (+7%)	1mo	$185,000	$121	51

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 · 1.8% rent growth · sell at horizon

5-year hold

• IRR: -2.2%
• Equity multiple: 0.92×
• Total profit: $-5,097
• Equity at exit: $33,548

10-year hold

• IRR: 6.2%
• Equity multiple: 1.44×
• Total profit: $27,620
• Equity at exit: $19,454

Cash invested: $63,000 (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 33455

• Rents YoY: 1.8%
• Active inventory: 283
• Price-to-rent: 7.3×

Monthly cashflow live

• Estimated rent: $2,563 high
• Mortgage (P&I): −$1,180
• Tax from tax record: −$211 /mo · $2,531/yr
• Insurance: −$94
• HOA: −$0
• Vacancy / Maint / Mgmt: −$538
• Net cashflow: $541

Break-even live

Break-even rent $1,879

Max offer price $225,000

Occupancy floor 74%

Sensitivity live

Price	-10% $668	-5% $604	+0% $541	+5% $477	+10% $413
Rent	-10% $338	-5% $439	+0% $541	+5% $642	+10% $743
Rate	-1.0pp $654	-0.5pp $598	base $541	+0.5pp $482	+1.0pp $423

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: $56,250
• Closing costs: $6,750
• Reserves months: —
• Total cash needed: —

Rent comps 22 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7030 SE Ridgeway Ter Hobe Sound, FL	3.0	2.0	1296	$2,500	$1.93	25d	1	0.10mi
8002 SE Skylark Ave Hobe Sound, FL	3.0	2.0	990	$2,000	$2.02	25d	1	0.32mi
7894 SE Saratoga Dr Hobe Sound, FL	2.0	2.0	1248	$2,100	$1.68	25d	1	0.44mi
7607 SE Hobe Ter Hobe Sound, FL	2.0	2.0	1156	$2,200	$1.90	15d	1	0.50mi
7568 SE Swan Ave Hobe Sound, FL	2.0	2.0	1052	$2,300	$2.19	25d	1	0.64mi
8905 SE Sandy Ln Hobe Sound, FL	2.0	2.0	1006	$1,850	$1.84	25d	1	0.68mi
8997 SE Sandy Ln Hobe Sound, FL	2.0	1.0	900	$2,000	$2.22	25d	1	0.75mi
7462 SE Jamestown Ter Hobe Sound, FL	2.0	2.0	1384	$2,500	$1.81	25d	1	0.77mi
8350 SE Sweetbay Dr Hobe Sound, FL	2.0	2.0	1606	$3,500	$2.18	25d	1	0.81mi
7442 SE Jamestown Ter Hobe Sound, FL	2.0	2.0	1384	$1,800	$1.30	25d	1	0.81mi
9073 SE Hobe Ridge Ave Hobe Sound, FL	2.0	2.0	1029	$2,100	$2.04	15d	1	0.83mi
7445 SE Independence Ave Hobe Sound, FL	2.0	2.0	1198	$1,900	$1.59	25d	1	0.84mi
8014 SE Carlton St Hobe Sound, FL	3.0	2.0	1463	$3,500	$2.39	25d	1	1.03mi
6024 SE Crooked Oak Ave Hobe Sound, FL	3.0	2.0	1800	$3,200	$1.78	25d	1	1.07mi
6215 SE Georgetown Pl Hobe Sound, FL	2.0	2.0	1202	$2,600	$2.16	25d	1	1.22mi
6845 SE Bunker Hill Dr Hobe Sound, FL	2.0	2.0	1552	$3,500	$2.26	15d	1	1.23mi
9650 SE Eagle Ave Hobe Sound, FL	2.0	2.0–2.5	1241	$2,330	$1.88	25d	5	1.25mi
8455 SE Palm St Hobe Sound, FL	2.0	2.0	1423	$4,700	$3.30	15d	1	1.28mi
9627 Crest Ct Hobe Sound, FL	2.0	2.0	1400	$2,500	$1.79	15d	1	1.35mi
8585 SE Palm St Hobe Sound, FL	2.0	2.0	1304	$10,000	$7.67	15d	1	1.38mi
8585 SE Palm St Hobe Sound, FL	2.0	2.0	1304	$10,000	$7.67	25d	1	1.38mi
8005 SE Villa Cir Hobe Sound, FL	2.0	2.0	1026	$1,850	$1.80	25d	1	1.47mi

Listing history 28 events

1. 2026-06-21
   days on market $225,000 Active 40 DOM
2. 2026-06-18
   days on market $225,000 Active 37 DOM
3. 2026-06-17
   days on market $225,000 Active 36 DOM
4. 2026-06-16
   days on market $225,000 Active 35 DOM
5. 2026-06-15
   days on market $225,000 Active 34 DOM
6. 2026-06-14
   days on market $225,000 Active 32 DOM
7. 2026-06-13
   days on market $225,000 Active 31 DOM
8. 2026-06-10
   days on market $225,000 Active 29 DOM
9. 2026-06-09
   days on market $225,000 Active 28 DOM
10. 2026-06-08
    days on market $225,000 Active 27 DOM
11. 2026-06-07
    days on market $225,000 Active 26 DOM
12. 2026-06-03
    days on market $225,000 Active 22 DOM
13. 2026-06-03
    price $225,000 Active 21 DOM
14. 2026-06-02
    days on market $240,000 Active 21 DOM
15. 2026-06-01
    days on market $240,000 Active 20 DOM
16. 2026-05-31
    days on market $240,000 Active 19 DOM
17. 2026-05-31
    days on market $240,000 Active 18 DOM
18. 2026-05-12
    listed $240,000 Active 814-char remark
19. 2023-07-28
    soldstatus $265,000 Closed 997-char remark

    Show marketing remark (997 chars)

    WELCOME HOME to this Light and Bright and Beautifully Maintained home in the Active Community of Ridgeway Mobile Homes! NO Mandatory HOA - You CAN Park your boat in your driveway AND have pets! This 2 | 2 property has a Florida room AND Utility Room under air with separate AC unit that adds an additional 473 sq feet to the property and this room has interior entrance to main home! Flat roof was powerwashed and resealed with silicone sealant from Sailfish roofing in 2021. New flooring throughout in 2017 | Master bath updated with new vanity, shower, toilet 2017 | 2nd bath new vanity and toilet in 2017| Professionally landscaped corner lot with sprinkler system | reverse osmosis water filter in kitchen | NEW AC Compressor 2023| Ring security system | Accordian Shutters! Ridgeway is a large pet friendly community in the center of Hobe Sound. There is a community room, swimming pool, a library and shuffleboard! Close to Shopping, Dining, Golfing and Waterfront Activities and Festivals.

20. 2023-07-28
    soldstatus $265,000 Closed

    Show marketing remark (997 chars)

    WELCOME HOME to this Light and Bright and Beautifully Maintained home in the Active Community of Ridgeway Mobile Homes! NO Mandatory HOA - You CAN Park your boat in your driveway AND have pets! This 2 | 2 property has a Florida room AND Utility Room under air with separate AC unit that adds an additional 473 sq feet to the property and this room has interior entrance to main home! Flat roof was powerwashed and resealed with silicone sealant from Sailfish roofing in 2021. New flooring throughout in 2017 | Master bath updated with new vanity, shower, toilet 2017 | 2nd bath new vanity and toilet in 2017| Professionally landscaped corner lot with sprinkler system | reverse osmosis water filter in kitchen | NEW AC Compressor 2023| Ring security system | Accordian Shutters! Ridgeway is a large pet friendly community in the center of Hobe Sound. There is a community room, swimming pool, a library and shuffleboard! Close to Shopping, Dining, Golfing and Waterfront Activities and Festivals.

21. 2023-04-20
    status Pending

    Show marketing remark (1776 chars)

    WELCOME HOME to this Light and Bright and Beautifully Maintained home in the Active Community of Ridgeway Mobile Homes! NO Mandatory HOA - You CAN Park your boat in your driveway AND have pets! This 2 | 2 property has a Florida room AND Utility Room under air with separate AC unit that adds an additional 473 sq feet to the property and this room has interior entrance to main home! Flat roof was powerwashed and resealed with silicone sealant from Sailfish roofing in 2021. New flooring throughout in 2017 | Master bath updated with new vanity, shower, toilet 2017 | 2nd bath new vanity and toilet in 2017| Professionally landscaped corner lot with sprinkler system | reverse osmosis water filter in kitchen | NEW AC Compressor 2023| Ring security system | Accordian Shutters! WELCOME HOME to this Light and Bright and Beautifully Maintained home in the Active Community of Ridgeway Mobile Homes! NO Mandatory HOA - You CAN Park your boat in your driveway AND have pets! This 2 | 2 property has a Florida room AND Utility Room under air with separate AC unit that adds an additional 473 sq feet to the property and this room has interior entrance to main home! Flat roof was powerwashed and resealed with silicone sealant from Sailfish roofing in 2021. New flooring throughout in 2017 | Master bath updated with new vanity, shower, toilet 2017 | 2nd bath new vanity and toilet in 2017| Professionally landscaped corner lot with sprinkler system | reverse osmosis water filter in kitchen | NEW AC Compressor 2023| Ring security system | Accordian Shutters! Ridgeway is a large pet friendly community in the center of Hobe Sound. There is a community room, swimming pool, a library and shuffleboard! Close to Shopping, Dining, Golfing and Waterfront Activities and Festivals.

22. 2023-03-06
    historical Active Under Contract

    Show marketing remark (997 chars)

    WELCOME HOME to this Light and Bright and Beautifully Maintained home in the Active Community of Ridgeway Mobile Homes! NO Mandatory HOA - You CAN Park your boat in your driveway AND have pets! This 2 | 2 property has a Florida room AND Utility Room under air with separate AC unit that adds an additional 473 sq feet to the property and this room has interior entrance to main home! Flat roof was powerwashed and resealed with silicone sealant from Sailfish roofing in 2021. New flooring throughout in 2017 | Master bath updated with new vanity, shower, toilet 2017 | 2nd bath new vanity and toilet in 2017| Professionally landscaped corner lot with sprinkler system | reverse osmosis water filter in kitchen | NEW AC Compressor 2023| Ring security system | Accordian Shutters! Ridgeway is a large pet friendly community in the center of Hobe Sound. There is a community room, swimming pool, a library and shuffleboard! Close to Shopping, Dining, Golfing and Waterfront Activities and Festivals.

23. 2023-03-06
    status Pending 997-char remark

    Show marketing remark (997 chars)

    WELCOME HOME to this Light and Bright and Beautifully Maintained home in the Active Community of Ridgeway Mobile Homes! NO Mandatory HOA - You CAN Park your boat in your driveway AND have pets! This 2 | 2 property has a Florida room AND Utility Room under air with separate AC unit that adds an additional 473 sq feet to the property and this room has interior entrance to main home! Flat roof was powerwashed and resealed with silicone sealant from Sailfish roofing in 2021. New flooring throughout in 2017 | Master bath updated with new vanity, shower, toilet 2017 | 2nd bath new vanity and toilet in 2017| Professionally landscaped corner lot with sprinkler system | reverse osmosis water filter in kitchen | NEW AC Compressor 2023| Ring security system | Accordian Shutters! Ridgeway is a large pet friendly community in the center of Hobe Sound. There is a community room, swimming pool, a library and shuffleboard! Close to Shopping, Dining, Golfing and Waterfront Activities and Festivals.

24. 2023-02-28
    listed $260,000 Active

    Show marketing remark (1776 chars)

    WELCOME HOME to this Light and Bright and Beautifully Maintained home in the Active Community of Ridgeway Mobile Homes! NO Mandatory HOA - You CAN Park your boat in your driveway AND have pets! This 2 | 2 property has a Florida room AND Utility Room under air with separate AC unit that adds an additional 473 sq feet to the property and this room has interior entrance to main home! Flat roof was powerwashed and resealed with silicone sealant from Sailfish roofing in 2021. New flooring throughout in 2017 | Master bath updated with new vanity, shower, toilet 2017 | 2nd bath new vanity and toilet in 2017| Professionally landscaped corner lot with sprinkler system | reverse osmosis water filter in kitchen | NEW AC Compressor 2023| Ring security system | Accordian Shutters! WELCOME HOME to this Light and Bright and Beautifully Maintained home in the Active Community of Ridgeway Mobile Homes! NO Mandatory HOA - You CAN Park your boat in your driveway AND have pets! This 2 | 2 property has a Florida room AND Utility Room under air with separate AC unit that adds an additional 473 sq feet to the property and this room has interior entrance to main home! Flat roof was powerwashed and resealed with silicone sealant from Sailfish roofing in 2021. New flooring throughout in 2017 | Master bath updated with new vanity, shower, toilet 2017 | 2nd bath new vanity and toilet in 2017| Professionally landscaped corner lot with sprinkler system | reverse osmosis water filter in kitchen | NEW AC Compressor 2023| Ring security system | Accordian Shutters! Ridgeway is a large pet friendly community in the center of Hobe Sound. There is a community room, swimming pool, a library and shuffleboard! Close to Shopping, Dining, Golfing and Waterfront Activities and Festivals.

25. 2023-02-24
    listed $260,000 Active 997-char remark

    Show marketing remark (997 chars)

    WELCOME HOME to this Light and Bright and Beautifully Maintained home in the Active Community of Ridgeway Mobile Homes! NO Mandatory HOA - You CAN Park your boat in your driveway AND have pets! This 2 | 2 property has a Florida room AND Utility Room under air with separate AC unit that adds an additional 473 sq feet to the property and this room has interior entrance to main home! Flat roof was powerwashed and resealed with silicone sealant from Sailfish roofing in 2021. New flooring throughout in 2017 | Master bath updated with new vanity, shower, toilet 2017 | 2nd bath new vanity and toilet in 2017| Professionally landscaped corner lot with sprinkler system | reverse osmosis water filter in kitchen | NEW AC Compressor 2023| Ring security system | Accordian Shutters! Ridgeway is a large pet friendly community in the center of Hobe Sound. There is a community room, swimming pool, a library and shuffleboard! Close to Shopping, Dining, Golfing and Waterfront Activities and Festivals.

26. 1995-09-13
    soldstatus $56,900
27. 1994-10-04
    soldstatus $54,000
28. 1994-09-26
    soldstatus $54,000

ⓘ 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: $2,531 · $211/mo
• Projected year-2 tax: $2,531 · $211/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 · 24 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: $30,762
• − Mortgage interest: −$12,603
• − Property taxes: −$2,531
• − Insurance: −$1,125
• − Repairs & maintenance: −$2,461
• − Management: −$2,461
• − Depreciation: −$6,545
• Taxable income: $3,034
• Est. tax owed @ 24.0%: −$728
• After-tax cash flow: $5,758/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 — Hobe Sound

• Score: 69/100
• State rank: #497
• US rank: #8763

Category grades

Amenities F Commute F Cost of living A 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: Hobe Sound, FL
• County: Martin County · 165,223 people
• City population: 20,018
• Metro: Port St. Lucie, FL
• Population (ZIP): 20,018
• Household income: $70,389
• Rent vs Own: 16.0% rent · 84.0% own
• Severe rent burden: 317.0

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 (84%)
• Race & ethnicity: White 84% Hispanic / Latino 8% Two or more races 6% Black 5% Asian 1%
• Hispanic origin (detail): Mexican 3% Dominican 1%
• Common ancestry: Romanian 5% Italian 2% Slovak 2%
• Foreign-born: 8% · Canada
• Languages at home: 91% English-only · Spanish 6% Other Indo-European 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: ▼ -287.05%
• Current HPI: 356.7273
• Rent YoY: ▲ 1.80%
• 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

+316.7% since first listed

12 events — show timeline

• 2026-06-02 Price Changed $225,000 Beaches MLS
• 2026-05-12 Listed $240,000 Beaches MLS
• 2023-07-28 Sold (MLS) $265,000 MCRTC
• 2023-07-28 Sold (MLS) $265,000 Beaches MLS
• 2023-04-20 Pending — Beaches MLS
• 2023-03-06 Contingent — Beaches MLS
• 2023-03-06 Pending — MCRTC
• 2023-02-28 Listed $260,000 Beaches MLS
• 2023-02-24 Listed $260,000 MCRTC
• 1995-09-13 Sold (Public Records) $56,900 Public Records
• 1994-10-04 Sold (Public Records) $54,000 Public Records
• 1994-09-26 Sold (Public Records) $54,000 Public Records

Property tax history

+14.2%/yr

Latest (2025): $2,531 · -0.1% YoY. Source: county tax records.