704 S 17th St · Fort Pierce, FL 34950

$165,000

2 bd · 1.0 ba · 768 sqft · SingleFamily public records · 461 Days on market

Built 1950 6,950 sqft lot Est $149k · 11% 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 +20.1/30.0
• DSCR +6.4/10.0
• 1% rule +4.9/10.0
• Rent growth +4.0/5.0
• Livability +3.8/5.0
• Schools +3.7/10.0
• ARV discount +2.7/15.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

COZY 3/1 IN A QUIET NEIGHBORHOOD. PERFECT FOR INVESTORS OR A GREAT OPPORTUNITY TO MAKE IT YOUR DREAM HOME. ROO MEASUREMENTS ARE APPROXIMATE.

Key facts

• 6,950 sq ft lot
• Built 1950
• Listed 461 days

Property features AI

Finance

• Financial info: Pets allowed
• HOA & community: No association amenities

Exterior

• Utilities: Public water; Public sewer
• Home design: Single-family residence; Single-story; Faces west; Resale property
• Construction: Frame construction
• Exterior features: Not waterfront; Water and sewer available

Interior

• Kitchen: Electric range; Microwave
• Bedrooms: 3 bedrooms on the main level
• Bathrooms: 1 full bathroom (main level)
• Heating & cooling: Wall/window unit(s) for cooling
• Interior features: Walk-in closet(s); Unfurnished

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $165k.

Deal economics

• At list price, monthly cash flow is $204 ($2k/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 $163k (1.0% below list).
• Recommended offer: $145k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.8% 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+, amenities F, employment 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: Rents rising fast (+5.9%/yr); 165 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 23d 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).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k 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 461 days — a 12% lower offer ($145k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 22y ago; this cycle's ask has dropped $20k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $82k; list at $165k implies a 101% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• 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 $145,200 (12.0% below list)

Questions for the listing agent

1. It's been on market 461 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. 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?
8. 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.
9. 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.
10. 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: 0.99% ✗
• Cap rate: 7.78%
• Cash-on-cash: 5.30%
• DSCR: 1.24
• GRM: 8.4

CMA / ARV

• ARV (on-the-fly): $148,992
• Comps found: 2

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1704 South Ave	0.02mi	2/1.0	720 (-6%)	24mo	$140,000	$194	69
309 N 17th St	0.64mi	3/1.0 (+1)	760 (-1%)	7mo	$140,000	$184	58

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: -4.9%
• Equity multiple: 0.81×
• Total profit: $-8,763
• Equity at exit: $24,602

10-year hold

• IRR: 7.8%
• Equity multiple: 1.67×
• Total profit: $30,767
• Equity at exit: $14,266

Cash invested: $46,200 (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: 8.4×

Monthly cashflow live

• Estimated rent: $1,634 high
• Mortgage (P&I): −$865
• Tax from tax record: −$152 /mo · $1,827/yr
• Insurance: −$69
• HOA: −$0
• Vacancy / Maint / Mgmt: −$343
• Net cashflow: $204

Break-even live

Break-even rent $1,375

Max offer price $165,000

Occupancy floor 82%

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: $41,250
• Closing costs: $4,950
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1850 Nebraska Ave Unit 204 Fort Pierce, FL	1.0	1.5	806	$1,599	$1.98	23d	1	0.32mi
1840 Nebraska Ave Apt 101 Fort Pierce, FL	2.0	2.0	1035	$1,699	$1.64	13d	1	0.34mi
1840 Nebraska Ave Apt 106 Fort Pierce, FL	2.0	2.0	997	$1,679	$1.68	13d	1	0.34mi
1840 Nebraska Ave Unit 104 Fort Pierce, FL	1.0	2.0	806	$1,599	$1.98	13d	1	0.34mi
1406 Citrus Ave Fort Pierce, FL	2.0	1.0	930	$1,600	$1.72	13d	1	0.36mi
510 Texas Ct Fort Pierce, FL	2.0	1.0	750	$1,400	$1.87	23d	1	0.36mi
1830 Nebraska Ave Fort Pierce, FL	1.0–2.0	1.5–2.0	924	$1,799	$1.95	13d	5	0.36mi
1800 Nebraska Ave Unit 103 Fort Pierce, FL	1.0	1.5	1042	$1,799	$1.73	23d	1	0.37mi
624 S 12th St Unit B Fort Pierce, FL	1.0	1.0	1000	$1,650	$1.65	13d	1	0.39mi
1820 Nebraska Ave Apt 201 Fort Pierce, FL	2.0	2.0	1035	$1,699	$1.64	23d	1	0.40mi
1820 Nebraska Ave Apt 203 Fort Pierce, FL	1.0	1.5	806	$1,599	$1.98	23d	1	0.40mi
1820 Nebraska Ave Apt 102 Fort Pierce, FL	2.0	2.0	997	$1,679	$1.68	23d	1	0.40mi
1810 Nebraska Ave Apt 101 Fort Pierce, FL	2.0	2.0	1035	$1,699	$1.64	23d	1	0.40mi
1810 Nebraska Ave Apt 104 Fort Pierce, FL	1.0	1.5	806	$1,599	$1.98	23d	1	0.40mi
1810 Nebraska Ave Unit 106 Fort Pierce, FL	2.0	2.0	1042	$1,699	$1.63	13d	1	0.40mi
1310 Atlantic Ave Unit B Fort Pierce, FL	1.0	1.0	700	$1,620	$2.31	23d	1	0.48mi
1310 Atlantic Ave Unit B Fort Pierce, FL	1.0	1.0	700	$1,550	$2.21	13d	1	0.48mi
136 N 15th St Unit C Fort Pierce, FL	2.0	1.0	688	$1,375	$2.00	23d	1	0.60mi
1002 Boston Ave Fort Pierce, FL	2.0	1.0	809	$2,000	$2.47	23d	1	0.61mi
127 S 10th St Fort Pierce, FL	2.0	1.0	809	$1,800	$2.22	23d	1	0.62mi
205 N 22nd St Fort Pierce, FL	2.0	1.0	1050	$1,500	$1.43	23d	1	0.71mi
804 Orange Ave Unit B Fort Pierce, FL	2.0	1.0	700	$1,450	$2.07	23d	1	0.79mi
804 Orange Ave Unit B Fort Pierce, FL	2.0	1.0	700	$1,350	$1.93	13d	1	0.79mi
321 N 11th St Unit C Fort Pierce, FL	1.0	1.0	650	$950	$1.46	23d	1	0.82mi
434 N 17th St Fort Pierce, FL	2.0	1.0	712	$1,500	$2.11	23d	1	0.84mi
1607 Avenue D Fort Pierce, FL	3.0	2.0	1029	$1,700	$1.65	13d	1	0.88mi
508 Means Ct Fort Pierce, FL	3.0	3.0	826	$1,950	$2.36	13d	1	0.94mi
508 Means Ct Unit A Fort Pierce, FL	1.0	1.0	826	$775	$0.94	23d	1	0.94mi
204 N 28th St Fort Pierce, FL	3.0	2.0	1000	$1,550	$1.55	23d	1	0.94mi
312 N 27th St Fort Pierce, FL	2.0	1.0	868	$1,600	$1.84	23d	1	0.95mi
1016 Chipola Rd Fort Pierce, FL	3.0	1.0	1100	$2,200	$2.00	23d	1	0.97mi
1016 Chipola Rd Unit A Fort Pierce, FL	1.0	1.0	700	$1,450	$2.07	13d	1	0.97mi
1617 Avenue E Fort Pierce, FL	3.0	1.0	1100	$1,800	$1.64	23d	1	1.01mi
2011 Oleander Blvd Unit C Fort Pierce, FL	1.0	1.5	660	$1,450	$2.20	23d	1	1.02mi
1604 Avenue E Fort Pierce, FL	2.0	1.0	713	$1,350	$1.89	13d	1	1.03mi
3208 Louisiana Ave Apt 3 Fort Pierce, FL	3.0	1.0	1050	$1,500	$1.43	23d	1	1.04mi
2016 S 10th St Unit A Fort Pierce, FL	2.0	2.5	1120	$1,595	$1.42	23d	1	1.05mi
1127 E Avenue Unit A Fort Pierce, FL	2.0	1.0	784	$1,800	$2.30	21d	1	1.05mi
2050 Oleander Blvd Fort Pierce, FL	1.0–2.0	1.0–2.0	833	$2,350	$2.82	23d	4	1.05mi
2015 Oleander Blvd Unit D Fort Pierce, FL	1.0	1.5	660	$1,475	$2.23	23d	1	1.05mi

Listing history 34 events

1. 2026-06-18
   days on market $165,000 Active 461 DOM
2. 2026-06-17
   days on market $165,000 Active 460 DOM
3. 2026-06-16
   days on market $165,000 Active 459 DOM
4. 2026-06-15
   days on market $165,000 Active 458 DOM
5. 2026-06-14
   days on market $165,000 Active 456 DOM
6. 2026-06-13
   days on market $165,000 Active 455 DOM
7. 2026-06-10
   days on market $165,000 Active 453 DOM
8. 2026-06-09
   days on market $165,000 Active 452 DOM
9. 2026-06-08
   days on market $165,000 Active 451 DOM
10. 2026-06-07
    days on market $165,000 Active 450 DOM
11. 2026-06-05
    days on market $165,000 Active 447 DOM
12. 2026-06-03
    days on market $165,000 Active 446 DOM
13. 2026-06-02
    days on market $165,000 Active 445 DOM
14. 2026-06-01
    days on market $165,000 Active 444 DOM
15. 2026-05-31
    days on market $165,000 Active 443 DOM
16. 2026-05-30
    days on market $165,000 Active 442 DOM
17. 2026-04-08
    price $165,000 140-char remark

    Show marketing remark (140 chars)

    COZY 3/1 IN A QUIET NEIGHBORHOOD. PERFECT FOR INVESTORS OR A GREAT OPPORTUNITY TO MAKE IT YOUR DREAM HOME. ROO MEASUREMENTS ARE APPROXIMATE.

18. 2026-04-08
    price $165,000

    Show marketing remark (140 chars)

    COZY 3/1 IN A QUIET NEIGHBORHOOD. PERFECT FOR INVESTORS OR A GREAT OPPORTUNITY TO MAKE IT YOUR DREAM HOME. ROO MEASUREMENTS ARE APPROXIMATE.

19. 2026-02-27
    status Active 140-char remark

    Show marketing remark (140 chars)

    COZY 3/1 IN A QUIET NEIGHBORHOOD. PERFECT FOR INVESTORS OR A GREAT OPPORTUNITY TO MAKE IT YOUR DREAM HOME. ROO MEASUREMENTS ARE APPROXIMATE.

20. 2026-02-27
    status Active

    Show marketing remark (140 chars)

    COZY 3/1 IN A QUIET NEIGHBORHOOD. PERFECT FOR INVESTORS OR A GREAT OPPORTUNITY TO MAKE IT YOUR DREAM HOME. ROO MEASUREMENTS ARE APPROXIMATE.

21. 2026-02-13
    status Pending 140-char remark

    Show marketing remark (140 chars)

    COZY 3/1 IN A QUIET NEIGHBORHOOD. PERFECT FOR INVESTORS OR A GREAT OPPORTUNITY TO MAKE IT YOUR DREAM HOME. ROO MEASUREMENTS ARE APPROXIMATE.

22. 2026-02-13
    status Pending

    Show marketing remark (140 chars)

    COZY 3/1 IN A QUIET NEIGHBORHOOD. PERFECT FOR INVESTORS OR A GREAT OPPORTUNITY TO MAKE IT YOUR DREAM HOME. ROO MEASUREMENTS ARE APPROXIMATE.

23. 2025-08-11
    price $175,000

    Show marketing remark (140 chars)

    COZY 3/1 IN A QUIET NEIGHBORHOOD. PERFECT FOR INVESTORS OR A GREAT OPPORTUNITY TO MAKE IT YOUR DREAM HOME. ROO MEASUREMENTS ARE APPROXIMATE.

24. 2025-08-11
    price $175,000 140-char remark

    Show marketing remark (140 chars)

    COZY 3/1 IN A QUIET NEIGHBORHOOD. PERFECT FOR INVESTORS OR A GREAT OPPORTUNITY TO MAKE IT YOUR DREAM HOME. ROO MEASUREMENTS ARE APPROXIMATE.

25. 2025-02-27
    listed $185,000 Active 140-char remark

    Show marketing remark (140 chars)

    COZY 3/1 IN A QUIET NEIGHBORHOOD. PERFECT FOR INVESTORS OR A GREAT OPPORTUNITY TO MAKE IT YOUR DREAM HOME. ROO MEASUREMENTS ARE APPROXIMATE.

26. 2025-02-26
    listed $185,000 Active
27. 2013-09-21
    historical
28. 2008-10-20
    listed $99,000
29. 2005-05-31
    soldstatus $82,000
30. 2005-05-26
    soldstatus $82,000
31. 2005-05-03
    historical
32. 2004-12-28
    listed $85,000
33. 2004-05-27
    soldstatus $44,000
34. 1996-03-13
    soldstatus $32,500

ⓘ 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: $1,827 · $152/mo
• Projected year-2 tax: $1,827 · $152/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: $19,603
• − Mortgage interest: −$9,243
• − Property taxes: −$1,827
• − Insurance: −$825
• − Repairs & maintenance: −$1,568
• − Management: −$1,568
• − Depreciation: −$4,800
• Taxable loss: −$228
• Est. tax savings @ 24.0%: +$55
• After-tax cash flow: $2,506/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

+407.7% since first listed

18 events — show timeline

• 2026-04-08 Price Changed $165,000 RAIRCMLS
• 2026-04-08 Price Changed $165,000 Beaches MLS
• 2026-02-27 Relisted — RAIRCMLS
• 2026-02-27 Relisted — Beaches MLS
• 2026-02-13 Pending — RAIRCMLS
• 2026-02-13 Pending — Beaches MLS
• 2025-08-11 Price Changed $175,000 Beaches MLS
• 2025-08-11 Price Changed $175,000 RAIRCMLS
• 2025-02-27 Listed $185,000 RAIRCMLS
• 2025-02-26 Listed $185,000 Beaches MLS
• 2013-09-21 Listing Removed — Beaches MLS
• 2008-10-20 Listed $99,000 Beaches MLS
• 2005-05-31 Sold (Public Records) $82,000 Public Records
• 2005-05-26 Sold (MLS) $82,000 Beaches MLS
• 2005-05-03 Listing Removed — Beaches MLS
• 2004-12-28 Listed $85,000 Beaches MLS
• 2004-05-27 Sold (Public Records) $44,000 Public Records
• 1996-03-13 Sold (Public Records) $32,500 Public Records

Property tax history

+11.1%/yr

Latest (2025): $1,827 · +7.2% YoY. Source: county tax records.