14423 Dalia · Vero Beach South, FL 34951

$235,000

2 bd · 2.0 ba · 1,451 sqft · SingleFamily public records · 100 Days on market

Built 2022 Est $158k · 49% over

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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 +18.7/30.0
• DSCR +5.9/10.0
• 1% rule +4.1/10.0
• Livability +3.9/5.0
• Schools +3.7/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks

Discover true Florida living in the 2-bedroom, 2-bath Carlton model featuring a spacious layout, soaring vaulted ceilings, a covered front porch, and attached garage. Built with solid concrete block, this home boasts granite counters, stainless steel appliances, and elegant finishes. The split-bedroom design ensures privacy while the open living area flows perfectly for entertaining. This move-in-ready home was built with 3/16th true plywood roof sheathing, hurricane tie straps, R-30 insulation, and hip roof designs ensuring big insurance premium discounts. Our homes also come equipped with energy efficient appliances, keypad door locks, and a continuous granite kitchen backsplash. Guarante

Key facts

• Covered front porch
• Solid concrete block
• Vaulted ceilings

Tags

• SPACIOUS LAYOUT
• VAULTED CEILINGS
• COVERED FRONT PORCH
• SOLID CONCRETE BLOCK
• GRANITE COUNTERS
• STAINLESS STEEL APPLIANCES

Property features AI

Finance

• Other: Pets allowed with no restrictions
• HOA & community: Senior community; Community amenities include billiard room, dog park, fitness center, golf course, pool, shuffleboard court, tennis courts, workshop area, bocce ball, library, pickleball courts, putting green; Association services include grounds maintenance, trash, and golf

Exterior

• Parking: Has garage with 1 covered space; Garage with door opener
• Security: Smoke detectors; Security patrol
• Utilities: Public water; Public sewer; Sewer and water available
• Home design: Single-family residence; Resale property; One story; Entry-level living area; Faces east
• Construction: Block, concrete, and stucco construction; Metal roof; Built by Wynne Building Corporation
• Exterior features: Patio; Porch; Not waterfront

Interior

• Kitchen: Dishwasher; Electric range; Microwave; Refrigerator; Electric water heater
• Bedrooms: 2 bedrooms on the main level
• Flooring: Carpet; Laminate
• Bathrooms: 2 full bathrooms, both on the main level
• Heating & cooling: Central heating (electric); Central air conditioning (electric)
• Interior features: High ceilings; Split bedroom layout
• Laundry & utility: Laundry located inside

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $235k.

Deal economics

• At list price, monthly cash flow is $231 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $214k (9.0% below list).
• Recommended offer: $214k (9.0% below list) — sets the bar for 1% rule.
• Cap rate 7.5% vs local median 4.3% in Vero Beach South — 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 78/100 on livability (#163 in FL, #2,445 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, health & safety A; Watch: 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.
• Zoned schools: Weatherbee Elementary School (math 32% / reading 32%, grade F, #1,797 of 2,144 statewide, top 86%, 672 students, 90% FRL); Dan Mccarty Middle School (math 23% / reading 23%, grade F, #542 of 571 statewide, top 95%, 747 students, 88% FRL); Fort Pierce Westwood Academy The W.E.S.T. Prep Magnet (math 16% / reading 36%, grade F, #494 of 667 statewide, top 75%, 2,010 students, 75% FRL) — zoned schools average 85% FRL vs 59% district-wide (26 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 27% at this address vs 44% district-wide (-17 pts) — the specific schools serving this property underperform the St. Lucie average; the district grade overstates school quality for this exact location.
• Market conditions: 292 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 4,868 units permitted in St. Lucie County in 2024 (268 in 5+ unit buildings).
• This rent runs 41% of the median local income ($63k/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.
• 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 100 days — a 9% lower offer ($214k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 5y 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 $213,789 (9.0% below list)

Questions for the listing agent

1. It's been on market 100 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 0.91% ✗
• Cap rate: 7.47%
• Cash-on-cash: 4.22%
• DSCR: 1.19
• GRM: 9.2

CMA / ARV

• ARV (on-the-fly): $158,159
• Comps found: 10

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6531 Teresita Ct	0.26mi	2/2.0	1,403 (-3%)	1mo	$142,500	$102	82
14381 Amapola Cir	0.14mi	2/2.0	1,351 (-7%)	7mo	$123,000	$91	76
14126 Cisne Cir	0.30mi	2/2.0	1,487 (+2%)	7mo	$150,000	$101	76
6763 Mar Pacifico	0.52mi	2/2.0	1,451 (0%)	4mo	$154,000	$106	72
14434 Azucena Ct	0.13mi	2/2.0	1,487 (+2%)	24mo	$170,000	$114	70
14374 Azucena Court Ct	0.15mi	2/2.0	1,599 (+10%)	9mo	$175,000	$109	69
6655 Alemendra St	0.49mi	2/2.0	1,530 (+5%)	2mo	$175,000	$114	67
6713 Gaviota	0.47mi	2/2.0	1,420 (-2%)	16mo	$152,000	$107	61
14892 Aguila Ave	0.60mi	1/1.5 (-1)	1,310 (-10%)	6mo	$259,000	$198	43
13951 Brazil Ct	0.63mi	1/1.5 (-1)	1,310 (-10%)	17mo	$229,000	$175	33

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -9.7%
• Equity multiple: 0.64×
• Total profit: $-23,411
• Equity at exit: $35,039

10-year hold

• IRR: -0.4%
• Equity multiple: 0.97×
• Total profit: $-1,691
• Equity at exit: $20,319

Cash invested: $65,800 (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 34951

• Home prices YoY: -23.6%
• Active inventory: 292
• Price-to-rent: 9.2×

Monthly cashflow live

• Estimated rent: $2,138 medium
• Mortgage (P&I): −$1,232
• Tax from tax record: −$127 /mo · $1,527/yr
• Insurance: −$98
• HOA: −$0
• Vacancy / Maint / Mgmt: −$449
• Net cashflow: $231

Break-even live

Break-even rent $1,845

Max offer price $235,000

Occupancy floor 84%

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: $58,750
• Closing costs: $7,050
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6765 Spanish Lakes Blvd Fort Pierce, FL	2.0	2.0	1368	$2,500	$1.83	23d	1	0.52mi

Listing history 28 events

1. 2026-06-15
   statusdays on market $235,000 Pending 100 DOM
2. 2026-06-14
   days on market $235,000 Active 99 DOM
3. 2026-06-13
   days on market $235,000 Active 98 DOM
4. 2026-06-10
   days on market $235,000 Active 96 DOM
5. 2026-06-09
   days on market $235,000 Active 95 DOM
6. 2026-06-08
   days on market $235,000 Active 94 DOM
7. 2026-06-07
   days on market $235,000 Active 93 DOM
8. 2026-06-05
   days on market $235,000 Active 90 DOM
9. 2026-06-03
   days on market $235,000 Active 89 DOM
10. 2026-06-02
    days on market $235,000 Active 88 DOM
11. 2026-06-01
    days on market $235,000 Active 87 DOM
12. 2026-05-31
    days on market $235,000 Active 86 DOM
13. 2026-05-30
    days on market $235,000 Active 85 DOM
14. 2026-03-06
    listed $235,000 Active
15. 2025-12-04
    historical $2,000
16. 2025-12-03
    historical
17. 2025-11-02
    price $269,500
18. 2025-10-06
    price $219,400
19. 2025-09-02
    listed $2,000
20. 2025-05-04
    price $245,500
21. 2025-04-14
    listed $262,500 Active
22. 2025-04-11
    historical
23. 2021-09-23
    status Pending
24. 2021-09-23
    price $235,000
25. 2021-09-23
    price $205,000
26. 2021-05-18
    price $185,000
27. 2021-03-26
    price $175,000
28. 2021-02-23
    listed $170,000 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: $1,527 · $127/mo
• Projected year-2 tax: $1,950 · $163/mo
• Expected delta: +$424/yr (+$35/mo · 27.8%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 25 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,655
• − Mortgage interest: −$13,164
• − Property taxes: −$1,527
• − Insurance: −$1,175
• − Repairs & maintenance: −$2,052
• − Management: −$2,052
• − Depreciation: −$6,836
• Taxable loss: −$1,152
• Est. tax savings @ 24.0%: +$276
• After-tax cash flow: $3,054/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 — Vero Beach South

• Score: 78/100
• State rank: #163
• US rank: #2445

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Saint Lucie County · 337,150 people
• Metro: Port St. Lucie, FL
• Population (ZIP): 17,148
• Household income: $63,122
• Rent vs Own: 11.7% rent · 88.3% own
• Severe rent burden: 140.0

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: Predominantly White (74%)
• Race & ethnicity: White 74% Black 13% Hispanic / Latino 8% Two or more races 7% Asian 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 2% Cuban 2%
• Common ancestry: Romanian 3% Italian 2% Lithuanian 2%
• Foreign-born: 10% · Canada, Jamaica, Vietnam
• Languages at home: 88% English-only · Spanish 7% French/Haitian/Cajun 3% Vietnamese 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: ▼ -106.06%
• Current HPI: 343.1376
• Rent YoY: —
• 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

+38.2% since first listed

15 events — show timeline

• 2026-03-06 Listed $235,000 Beaches MLS
• 2025-12-04 Rental Removed $2,000 GFLMLS
• 2025-12-03 Listing Removed — Beaches MLS
• 2025-11-02 Price Changed $269,500 Beaches MLS
• 2025-10-06 Price Changed $219,400 Beaches MLS
• 2025-09-02 Listed for Rent $2,000 GFLMLS
• 2025-05-04 Price Changed $245,500 Beaches MLS
• 2025-04-14 Listed $262,500 Beaches MLS
• 2025-04-11 Coming Soon — Beaches MLS
• 2021-09-23 Pending — RAIRCMLS
• 2021-09-23 Price Changed $235,000 RAIRCMLS
• 2021-09-23 Price Changed $205,000 RAIRCMLS
• 2021-05-18 Price Changed $185,000 RAIRCMLS
• 2021-03-26 Price Changed $175,000 RAIRCMLS
• 2021-02-23 Listed $170,000 RAIRCMLS

Property tax history

+63.2%/yr

Latest (2025): $1,527 · +4.2% YoY. Source: county tax records.