3003 SE River Ter · Stuart, FL 34996

$469,900

3 bd · 2.0 ba · 1,530 sqft · SingleFamily public records · 118 Days on market

Built 1956 0.26 ac lot $307/sqft · 8% below area Est $510k · 8% under

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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).

• ARV discount +11.1/15.0
• Appreciation +10.0/10.0
• Cash flow +5.9/30.0
• Schools +4.5/10.0
• Livability +4.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +1.7/10.0
• DSCR +0.3/10.0

Listing remarks MLS

Tropical Hideaway in the Heart of Stuart!!! A rare blend of classic Florida charm and total privacy, this beautifully maintained home at 3003 SE River Terrace sits within a lush tropical paradise just minutes from Stuart’s best beaches, parks, dining, and Downtown. Mature palms, vibrant gardens, and serene outdoor spaces create a peaceful retreat perfect for relaxing, entertaining, and embracing the coastal lifestyle. Inside, warm character and timeless design offer inviting living spaces that feel connected to the surrounding nature. With its unbeatable location, enchanting yard, and authentic Florida appeal, this property presents an exceptional opportunity in one of Stuart’s most desirable neighborhoods. Don’t miss your chance to experience this private tropical haven—schedule your visit today.

Key facts

• Enchanting yard
• Mature palms
• Vibrant gardens

Tags

• LUSH TROPICAL PARADISE
• MATURE PALMS
• VIBRANT GARDENS
• SERENE OUTDOOR SPACES
• INVITING LIVING SPACES
• ENCHANTING YARD

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $470k.

Deal economics

• At list price, monthly cash flow is $-976 ($-12k/yr) — negative.
• To cash-flow at today's rent, offer at most $298k (36.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $317k (32.5% below list).
• Recommended offer: $298k (36.7% below list) — sets the bar for cash-flow.

Location & tenants

• Location reads 84/100 on livability (#39 in FL, #790 nationally) — a professional / high-income tenant draw. Strengths: commute A+, housing A+, health & safety A+; Watch: crime C-, employment C-, amenities 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.
• Zoned schools: J. D. Parker School of Technology (math 39% / reading 40%, grade F, #1,513 of 2,144 statewide, top 73%, 519 students, 72% FRL); Stuart Middle School (math 55% / reading 55%, grade B-, #180 of 571 statewide, top 32%, 867 students, 49% FRL); Jensen Beach High School (math 53% / reading 71%, grade B-, #98 of 667 statewide, top 15%, 1,584 students, 36% FRL).
• Market conditions: 252 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 737 units permitted in Martin County in 2024 (167 in 5+ unit buildings).
• At $3,170/mo this rent would consume 45% of the median local household income ($84k/yr) (locally 247% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $50k of equity ($3k loan paydown + $47k appreciation (10.0% local appreciation)).
• Martin County population projected at +19% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$81k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 118 days — a 9% lower offer ($428k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 12y ago; this cycle's ask has dropped $30k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $86k; list at $470k implies a 446% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo; built in 1956 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk; 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 $297,540 (36.7% 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 118 days. Have you received any prior offers? Is the seller open to a 37% concession, seller financing, or rate buy-down credit?
3. Built in 1956 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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 A-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. 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?
9. 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.
10. 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.
11. 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: 0.67% ✗
• Cap rate: 3.97%
• Cash-on-cash: -8.29%
• DSCR: 0.63
• GRM: 12.4

CMA / ARV

• ARV (median comp): $510,266
• List price: $469,900
• Delta: -7.91%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
892 SE Saint Lucie Blvd	0.16mi	3/2.0	1,564 (+2%)	1mo	$648,500	$415	88

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 18.0%
• Equity multiple: 2.47×
• Total profit: $193,969
• Equity at exit: $423,323

10-year hold

• IRR: 16.9%
• Equity multiple: 5.72×
• Total profit: $620,454
• Equity at exit: $912,912

Cash invested: $131,572 (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 34996

• Home prices YoY: 2.1%
• Active inventory: 252
• Price-to-rent: 12.4×

Monthly cashflow live

• Estimated rent: $3,170 high
• Mortgage (P&I): −$2,464
• Tax from tax record: −$754 /mo · $9,047/yr
• Insurance: −$196
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$666
• Net cashflow: $-976

Break-even live

Break-even rent $4,406

Max offer price $297,540

Occupancy floor —

Sensitivity live

Price	-10% $-710	-5% $-843	+0% $-976	+5% $-1,109	+10% $-1,242
Rent	-10% $-1,226	-5% $-1,101	+0% $-976	+5% $-850	+10% $-725
Rate	-1.0pp $-739	-0.5pp $-856	base $-976	+0.5pp $-1,097	+1.0pp $-1,221

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: $117,475
• Closing costs: $14,097
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2950 SE Ocean Blvd Stuart, FL	2.0	2.0	1157	$1,800	$1.56	15d	3	0.16mi
1866 SE Tarni Way Stuart, FL	3.0	2.5	1782	$2,800	$1.57	15d	1	0.19mi
2600 SE Ocean Blvd Stuart, FL	1.0–2.0	1.5–2.0	951	$1,900	$2.00	15d	3	0.36mi
1196 SE Saint Lucie Blvd Stuart, FL	2.0	2.0	1309	$4,300	$3.28	25d	1	0.46mi
300 SE Saint Lucie Blvd Stuart, FL	1.0–3.0	1.0–2.0	884	$2,728	$3.09	15d	12	0.61mi
175 SE Saint Lucie Blvd Stuart, FL	2.0	2.0–2.5	1300	$2,600	$2.00	25d	4	0.80mi
150 SE Four Winds Dr Unit B303 Stuart, FL	2.0	2.0	1359	$2,500	$1.84	25d	1	0.83mi
905 SE Flamingo Ave Stuart, FL	3.0	2.0	1520	$4,500	$2.96	25d	1	0.89mi
1843 SE Granada Ln Stuart, FL	2.0	2.0	1606	$1,800	$1.12	15d	1	1.03mi
217 SE Coconut Ave Stuart, FL	2.0	1.0	1197	$5,000	$4.18	25d	1	1.46mi

Listing history 23 events

1. 2026-06-07
   statusdays on market $469,900 Pending 118 DOM
2. 2026-06-03
   days on market $469,900 Active 117 DOM
3. 2026-06-02
   days on market $469,900 Active 116 DOM
4. 2026-06-01
   days on market $469,900 Active 115 DOM
5. 2026-05-31
   days on market $469,900 Active 114 DOM
6. 2026-05-31
   days on market $469,900 Active 113 DOM
7. 2026-04-25
   price $474,900 832-char remark

   Show marketing remark (832 chars)

   Tropical Hideaway in the Heart of Stuart!!! A rare blend of classic Florida charm and total privacy, this beautifully maintained home at 3003 SE River Terrace sits within a lush tropical paradise just minutes from Stuart’s best beaches, parks, dining, and Downtown. Mature palms, vibrant gardens, and serene outdoor spaces create a peaceful retreat perfect for relaxing, entertaining, and embracing the coastal lifestyle. Inside, warm character and timeless design offer inviting living spaces that feel connected to the surrounding nature. With its unbeatable location, enchanting yard, and authentic Florida appeal, this property presents an exceptional opportunity in one of Stuart’s most desirable neighborhoods. Don’t miss your chance to experience this private tropical haven—schedule your visit today.

8. 2026-04-08
   price $479,900 832-char remark

   Show marketing remark (832 chars)

   Tropical Hideaway in the Heart of Stuart!!! A rare blend of classic Florida charm and total privacy, this beautifully maintained home at 3003 SE River Terrace sits within a lush tropical paradise just minutes from Stuart’s best beaches, parks, dining, and Downtown. Mature palms, vibrant gardens, and serene outdoor spaces create a peaceful retreat perfect for relaxing, entertaining, and embracing the coastal lifestyle. Inside, warm character and timeless design offer inviting living spaces that feel connected to the surrounding nature. With its unbeatable location, enchanting yard, and authentic Florida appeal, this property presents an exceptional opportunity in one of Stuart’s most desirable neighborhoods. Don’t miss your chance to experience this private tropical haven—schedule your visit today.

9. 2026-03-12
   status Active 832-char remark

   Show marketing remark (832 chars)

   Tropical Hideaway in the Heart of Stuart!!! A rare blend of classic Florida charm and total privacy, this beautifully maintained home at 3003 SE River Terrace sits within a lush tropical paradise just minutes from Stuart’s best beaches, parks, dining, and Downtown. Mature palms, vibrant gardens, and serene outdoor spaces create a peaceful retreat perfect for relaxing, entertaining, and embracing the coastal lifestyle. Inside, warm character and timeless design offer inviting living spaces that feel connected to the surrounding nature. With its unbeatable location, enchanting yard, and authentic Florida appeal, this property presents an exceptional opportunity in one of Stuart’s most desirable neighborhoods. Don’t miss your chance to experience this private tropical haven—schedule your visit today.

10. 2026-02-28
    historical Active Under Contract 832-char remark

    Show marketing remark (832 chars)

    Tropical Hideaway in the Heart of Stuart!!! A rare blend of classic Florida charm and total privacy, this beautifully maintained home at 3003 SE River Terrace sits within a lush tropical paradise just minutes from Stuart’s best beaches, parks, dining, and Downtown. Mature palms, vibrant gardens, and serene outdoor spaces create a peaceful retreat perfect for relaxing, entertaining, and embracing the coastal lifestyle. Inside, warm character and timeless design offer inviting living spaces that feel connected to the surrounding nature. With its unbeatable location, enchanting yard, and authentic Florida appeal, this property presents an exceptional opportunity in one of Stuart’s most desirable neighborhoods. Don’t miss your chance to experience this private tropical haven—schedule your visit today.

11. 2026-02-17
    status Active 832-char remark

    Show marketing remark (832 chars)

    Tropical Hideaway in the Heart of Stuart!!! A rare blend of classic Florida charm and total privacy, this beautifully maintained home at 3003 SE River Terrace sits within a lush tropical paradise just minutes from Stuart’s best beaches, parks, dining, and Downtown. Mature palms, vibrant gardens, and serene outdoor spaces create a peaceful retreat perfect for relaxing, entertaining, and embracing the coastal lifestyle. Inside, warm character and timeless design offer inviting living spaces that feel connected to the surrounding nature. With its unbeatable location, enchanting yard, and authentic Florida appeal, this property presents an exceptional opportunity in one of Stuart’s most desirable neighborhoods. Don’t miss your chance to experience this private tropical haven—schedule your visit today.

12. 2026-02-12
    historical Active Under Contract 832-char remark

    Show marketing remark (832 chars)

    Tropical Hideaway in the Heart of Stuart!!! A rare blend of classic Florida charm and total privacy, this beautifully maintained home at 3003 SE River Terrace sits within a lush tropical paradise just minutes from Stuart’s best beaches, parks, dining, and Downtown. Mature palms, vibrant gardens, and serene outdoor spaces create a peaceful retreat perfect for relaxing, entertaining, and embracing the coastal lifestyle. Inside, warm character and timeless design offer inviting living spaces that feel connected to the surrounding nature. With its unbeatable location, enchanting yard, and authentic Florida appeal, this property presents an exceptional opportunity in one of Stuart’s most desirable neighborhoods. Don’t miss your chance to experience this private tropical haven—schedule your visit today.

13. 2026-02-06
    listed $499,900 Active 832-char remark

    Show marketing remark (832 chars)

    Tropical Hideaway in the Heart of Stuart!!! A rare blend of classic Florida charm and total privacy, this beautifully maintained home at 3003 SE River Terrace sits within a lush tropical paradise just minutes from Stuart’s best beaches, parks, dining, and Downtown. Mature palms, vibrant gardens, and serene outdoor spaces create a peaceful retreat perfect for relaxing, entertaining, and embracing the coastal lifestyle. Inside, warm character and timeless design offer inviting living spaces that feel connected to the surrounding nature. With its unbeatable location, enchanting yard, and authentic Florida appeal, this property presents an exceptional opportunity in one of Stuart’s most desirable neighborhoods. Don’t miss your chance to experience this private tropical haven—schedule your visit today.

14. 2025-06-10
    historical $3,300
15. 2025-06-03
    listed $3,300
16. 2024-07-14
    historical $3,400
17. 2024-05-20
    price $3,400
18. 2024-05-13
    listed $3,500
19. 2016-01-11
    price $84,900 752-char remark

    Show marketing remark (752 chars)

    Enjoy a quiet tree lined street with county right-of-way to river! This is a vintage home located a block west of the St. Lucie River that will please a project oriented buyer who is not adverse to a challenging renovation, and who is seeking a tranquil, very private, place to call home. In addition to a large open kitchen the house features a huge, multi-level covered deck with Tiki bar and provision for deck-level above ground pool. There are no deed restrictions in this tiny community so parking of a large RV or motor home would not be a problem. The house is a straight shot to the Atlantic Ocean beaches -- just 2.5 miles and 3 traffic lights away -- a superb and joyful walk. Also within a mile are all the amenities of the City of Stuart.

20. 2014-12-29
    price $86,000 752-char remark

    Show marketing remark (752 chars)

    Enjoy a quiet tree lined street with county right-of-way to river! This is a vintage home located a block west of the St. Lucie River that will please a project oriented buyer who is not adverse to a challenging renovation, and who is seeking a tranquil, very private, place to call home. In addition to a large open kitchen the house features a huge, multi-level covered deck with Tiki bar and provision for deck-level above ground pool. There are no deed restrictions in this tiny community so parking of a large RV or motor home would not be a problem. The house is a straight shot to the Atlantic Ocean beaches -- just 2.5 miles and 3 traffic lights away -- a superb and joyful walk. Also within a mile are all the amenities of the City of Stuart.

21. 2014-12-29
    soldstatus $86,000 752-char remark

    Show marketing remark (752 chars)

    Enjoy a quiet tree lined street with county right-of-way to river! This is a vintage home located a block west of the St. Lucie River that will please a project oriented buyer who is not adverse to a challenging renovation, and who is seeking a tranquil, very private, place to call home. In addition to a large open kitchen the house features a huge, multi-level covered deck with Tiki bar and provision for deck-level above ground pool. There are no deed restrictions in this tiny community so parking of a large RV or motor home would not be a problem. The house is a straight shot to the Atlantic Ocean beaches -- just 2.5 miles and 3 traffic lights away -- a superb and joyful walk. Also within a mile are all the amenities of the City of Stuart.

22. 2014-03-04
    listed $84,900 752-char remark

    Show marketing remark (752 chars)

    Enjoy a quiet tree lined street with county right-of-way to river! This is a vintage home located a block west of the St. Lucie River that will please a project oriented buyer who is not adverse to a challenging renovation, and who is seeking a tranquil, very private, place to call home. In addition to a large open kitchen the house features a huge, multi-level covered deck with Tiki bar and provision for deck-level above ground pool. There are no deed restrictions in this tiny community so parking of a large RV or motor home would not be a problem. The house is a straight shot to the Atlantic Ocean beaches -- just 2.5 miles and 3 traffic lights away -- a superb and joyful walk. Also within a mile are all the amenities of the City of Stuart.

23. 1981-01-01
    soldstatus $30,000

ⓘ 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: $9,047 · $754/mo
• Projected year-2 tax: $9,047 · $754/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 7/10 Severe FEMA zone X (unshaded) · 77% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 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 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $38,045
• − Mortgage interest: −$26,322
• − Property taxes: −$9,047
• − Insurance: −$3,147
• − Repairs & maintenance: −$3,044
• − Management: −$3,044
• − Depreciation: −$13,670
• Taxable loss: −$20,227
• Est. tax savings @ 24.0%: +$4,854
• After-tax cash flow: $-6,854/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 — Stuart

• Score: 84/100
• State rank: #39
• US rank: #790

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Martin County · 165,223 people
• City population: 65,812
• Metro: Port St. Lucie, FL
• Population (ZIP): 10,653
• Household income: $83,929
• Rent vs Own: 16.0% rent · 84.0% own
• Severe rent burden: 247.0

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 (90%)
• Race & ethnicity: White 90% Hispanic / Latino 7% Two or more races 5%
• Hispanic origin (detail): Puerto Rican 2%
• Common ancestry: Italian 3% Romanian 3% Slovak 3%
• Foreign-born: 6% · Canada
• Languages at home: 94% English-only · Spanish 3% Other Indo-European 1% French/Haitian/Cajun 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: ▲ 13.71%
• Current HPI: 658.96
• 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

+1483.0% since first listed

17 events — show timeline

• 2026-04-25 Price Changed $474,900 MCRTC
• 2026-04-08 Price Changed $479,900 MCRTC
• 2026-03-12 Relisted — MCRTC
• 2026-02-28 Contingent — MCRTC
• 2026-02-17 Relisted — MCRTC
• 2026-02-12 Contingent — MCRTC
• 2026-02-06 Listed $499,900 MCRTC
• 2025-06-10 Rental Removed $3,300 RMLSFL
• 2025-06-03 Listed for Rent $3,300 RMLSFL
• 2024-07-14 Rental Removed $3,400 MCRTC
• 2024-05-20 Price Changed $3,400 MCRTC
• 2024-05-13 Listed for Rent $3,500 MCRTC
• 2016-01-11 Price Changed $84,900 MCRTC
• 2014-12-29 Sold (MLS) $86,000 MCRTC
• 2014-12-29 Price Changed $86,000 MCRTC
• 2014-03-04 Listed $84,900 MCRTC
• 1981-01-01 Sold (Public Records) $30,000 Public Records

Property tax history

+22.2%/yr

Latest (2025): $9,047 · +0.2% YoY. Source: county tax records.