1800 SE Saint Lucie Blvd · Sewall's Point, FL
Flood risk 6/10 · Moderate
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.7%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 10/10 · Severe
- Hot days now (above 106°F)
- 7 days/yr
- Hot days in 30 yrs
- 25 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
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 +13.4/30.0
- Appreciation +10.0/10.0
- ARV discount +7.5/15.0
- Schools +4.5/10.0
- DSCR +4.0/10.0
- 1% rule +3.8/10.0
- Rent growth +2.5/5.0
- Livability +2.5/5.0
- Condition / age +2.5/5.0
$299,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
CONQUISTADOR LIVING ON THE SAINT LUCIE RIVER If you are looking for a highly desirable easy access 1st floor, end unit condo with a private entrance and convenient parking this is the place for you! ASKING $312,000 Pet free and smoke free building. Approved parking for Pickup Trucks a real perk. Next to the Sailfish Sands golf course, driving range and restaurant complex. This totally remodeled 1st floor end unit, 2 bedroom, 2 bath, open concept, split bedroom layout offers privacy and comfort for owners and guests. Surrounded by custom gardens this unit has 24 inch travertine look porcelain tiles in living areas/baths and carpet in bedrooms. The kitchen has granite counter tops and a7 1/2 foot by 5 foot island. Solid wood maple cabinets with soft close doors. Stainless steel Whirlpool appliances two years old and a full-size GE washer/dryer (2023) in unit. New a/c 2023 with 10 year transferable warranty in unit. Impact windows throughout. Knock down ceilings (no popcorn). New crown molding and large baseboard throughout, wood trim on all doors and windows and closets. Wood valances/cornices over all windows and sliding doors. A ship lap wall gives you space to display your photos and or your art work. The patio has been reconstructed and is joined into the living room, with 3 impact glass sliding doors which can be opened during the cooler weather. The primary suite has a walk-in closet and the adjoining oversized bath has a large shower 5 feet by 3 feet, double sinks and a large linen closet. Amenities galore include a private gated community dock across the street and is easily accessed for paddle boarding, kayaking and fishing or just sitting on the benches to watch the boats and the sea birds, etc. The clubhouse has a fitness center, library, ballroom, card room and access to one of the 3 pools. Other amenities are a dog park, tennis and pickleball. Close to beaches. Just minutes to downtown Stuart shopping and restaurants. Very convenient to Cleveland Clinic and medical specialists. This is a perfect seasonal retreat or year round living. One year rental wait.
Key facts
- Remodeled
- Custom gardens
- Private entrance
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $299k.
Deal economics
- At list price, monthly cash flow is $6 ($70/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 $262k (12.3% below list).
- Recommended offer: $262k (12.3% below list) — sets the bar for 1% rule.
- Cap rate 6.3% vs local median 0.7% in Sewall's Point — 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: area grade C — affects rentability + tenant quality, not the cash-flow math above.
- 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.
- Market conditions: 251 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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).
- This rent runs 38% of the median local income ($84k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- In year one you build about $32k of equity ($2k loan paydown + $30k appreciation (10.0% local appreciation)).
- Martin County population projected at +19% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- At projected returns (10.0% appreciation + 3.0% rent growth), your $84k cash investment doubles in ~3 years — after that, you're playing with house money.
- By year 2, paydown + projected appreciation supports a ~$51k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 137 days — a 12% lower offer ($263k) is reasonable based on typical stale-listing flexibility.
- 7 sale attempts since 14y 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 $135k; list at $299k implies a 121% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Climate carrying-cost: major flood risk; 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.
Questions for the listing agent
- It's been on market 137 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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.
- 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.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 0.88% ✗
- Cap rate
- 6.32%
- Cash-on-cash
- 0.08%
- DSCR
- 1.00
- GRM
- 9.5
CMA / ARV
No comps found within radius.
Projected returns pro-forma
10.0% appreciation · 3.0% rent growth · sell at horizon
- IRR
- 24.3%
- Equity multiple
- 2.95×
- Total profit
- $163,253
- Equity at exit
- $269,363
- IRR
- 21.6%
- Equity multiple
- 6.74×
- Total profit
- $480,540
- Equity at exit
- $580,891
Cash invested: $83,720 (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
ZIP-level market 34996
- Home prices YoY
- 2.1%
- Active inventory
- 251
- Price-to-rent
- 9.5×
Monthly cashflow live
- Estimated rent
- $2,623 high interval (Pro) →
- Mortgage (P&I)
- −$1,568
- Tax est. 1.5%
- −$374 /mo · $4,485/yr
- Insurance
- −$125
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$551
- Net cashflow
- $6
Break-even live
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
- $74,750
- Closing costs
- $8,970
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 18 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1800 SE Saint Lucie Blvd Stuart, FL | 2.0 | 2.0 | 1044 | $2,600 | $2.49 | 23d | 3 | 0.03mi |
| 1843 SE Granada Ln Stuart, FL | 2.0 | 2.0 | 1606 | $1,800 | $1.12 | 14d | 1 | 0.10mi |
| 1196 SE Saint Lucie Blvd Stuart, FL | 2.0 | 2.0 | 1309 | $4,300 | $3.28 | 23d | 1 | 0.52mi |
| 3129 SE Indian St #3 Stuart, FL | 2.0 | 1.5 | 986 | $2,300 | $2.33 | 23d | 1 | 0.65mi |
| 2950 SE Ocean Blvd Stuart, FL | 2.0 | 2.0 | 1157 | $1,800 | $1.56 | 14d | 3 | 0.86mi |
| 1866 SE Tarni Way Stuart, FL | 3.0 | 2.5 | 1782 | $2,800 | $1.57 | 14d | 1 | 0.90mi |
| 2600 SE Ocean Blvd Stuart, FL | 1.0–2.0 | 1.5–2.0 | 951 | $1,900 | $2.00 | 14d | 3 | 0.90mi |
| 3002 SE Camino Ave Stuart, FL | 2.0 | 1.0 | 930 | $2,000 | $2.15 | 23d | 1 | 1.06mi |
| 3299 SE Garden St Stuart, FL | 3.0 | 2.0 | 1360 | $2,410 | $1.77 | 23d | 1 | 1.07mi |
| 3003 SE Birch Ave Unit 3007 Stuart, FL | 2.0 | 1.0 | 950 | $2,200 | $2.32 | 23d | 1 | 1.08mi |
| 2929 SE Ocean Blvd Stuart, FL | 1.0–2.0 | 1.0–2.0 | 812 | $2,400 | $2.96 | 23d | 6 | 1.10mi |
| 2929 SE Ocean Blvd Stuart, FL | 1.0–2.0 | 1.0–2.0 | 812 | $2,400 | $2.96 | 14d | 8 | 1.10mi |
| 2934 SE Ellendale St Stuart, FL | 2.0 | 2.0 | 900 | $2,000 | $2.22 | 14d | 1 | 1.11mi |
| 3003 SE Fairmont St Stuart, FL | 3.0 | 2.0 | 1366 | $2,500 | $1.83 | 14d | 1 | 1.11mi |
| 2641 SE Clayton St Unit 2641 Stuart, FL | 3.0 | 1.5 | 1150 | $2,400 | $2.09 | 23d | 1 | 1.13mi |
| 905 SE Flamingo Ave Stuart, FL | 3.0 | 2.0 | 1520 | $4,500 | $2.96 | 23d | 1 | 1.15mi |
| 2929 SE Ocean Blvd Unit 130 Stuart, FL | 2.0 | 2.0 | 1005 | $1,800 | $1.79 | 23d | 1 | 1.25mi |
| 300 SE Saint Lucie Blvd Stuart, FL | 1.0–3.0 | 1.0–2.0 | 884 | $2,258 | $2.55 | 14d | 12 | 1.38mi |
HOA detail condo
- Monthly dues
- $0 · $0/yr
- Likely covers
- poolgymsecurity
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 25 events
-
2026-06-03days on market $299,000 Active 137 DOM
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2026-06-02days on market $299,000 Active 136 DOM
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2026-06-01days on market $299,000 Active 135 DOM
-
2026-05-31days on market $299,000 Active 134 DOM
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2026-05-31days on market $299,000 Active 133 DOM
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2026-03-11price $299,000 2109-char remark
Show marketing remark (2109 chars)
CONQUISTADOR LIVING ON THE SAINT LUCIE RIVER If you are looking for a highly desirable easy access 1st floor, end unit condo with a private entrance and convenient parking this is the place for you! ASKING $312,000 Pet free and smoke free building. Approved parking for Pickup Trucks a real perk. Next to the Sailfish Sands golf course, driving range and restaurant complex. This totally remodeled 1st floor end unit, 2 bedroom, 2 bath, open concept, split bedroom layout offers privacy and comfort for owners and guests. Surrounded by custom gardens this unit has 24 inch travertine look porcelain tiles in living areas/baths and carpet in bedrooms. The kitchen has granite counter tops and a7 1/2 foot by 5 foot island. Solid wood maple cabinets with soft close doors. Stainless steel Whirlpool appliances two years old and a full-size GE washer/dryer (2023) in unit. New a/c 2023 with 10 year transferable warranty in unit. Impact windows throughout. Knock down ceilings (no popcorn). New crown molding and large baseboard throughout, wood trim on all doors and windows and closets. Wood valances/cornices over all windows and sliding doors. A ship lap wall gives you space to display your photos and or your art work. The patio has been reconstructed and is joined into the living room, with 3 impact glass sliding doors which can be opened during the cooler weather. The primary suite has a walk-in closet and the adjoining oversized bath has a large shower 5 feet by 3 feet, double sinks and a large linen closet. Amenities galore include a private gated community dock across the street and is easily accessed for paddle boarding, kayaking and fishing or just sitting on the benches to watch the boats and the sea birds, etc. The clubhouse has a fitness center, library, ballroom, card room and access to one of the 3 pools. Other amenities are a dog park, tennis and pickleball. Close to beaches. Just minutes to downtown Stuart shopping and restaurants. Very convenient to Cleveland Clinic and medical specialists. This is a perfect seasonal retreat or year round living. One year rental wait.
-
2026-02-22price $305,000 2109-char remark
Show marketing remark (2109 chars)
CONQUISTADOR LIVING ON THE SAINT LUCIE RIVER If you are looking for a highly desirable easy access 1st floor, end unit condo with a private entrance and convenient parking this is the place for you! ASKING $312,000 Pet free and smoke free building. Approved parking for Pickup Trucks a real perk. Next to the Sailfish Sands golf course, driving range and restaurant complex. This totally remodeled 1st floor end unit, 2 bedroom, 2 bath, open concept, split bedroom layout offers privacy and comfort for owners and guests. Surrounded by custom gardens this unit has 24 inch travertine look porcelain tiles in living areas/baths and carpet in bedrooms. The kitchen has granite counter tops and a7 1/2 foot by 5 foot island. Solid wood maple cabinets with soft close doors. Stainless steel Whirlpool appliances two years old and a full-size GE washer/dryer (2023) in unit. New a/c 2023 with 10 year transferable warranty in unit. Impact windows throughout. Knock down ceilings (no popcorn). New crown molding and large baseboard throughout, wood trim on all doors and windows and closets. Wood valances/cornices over all windows and sliding doors. A ship lap wall gives you space to display your photos and or your art work. The patio has been reconstructed and is joined into the living room, with 3 impact glass sliding doors which can be opened during the cooler weather. The primary suite has a walk-in closet and the adjoining oversized bath has a large shower 5 feet by 3 feet, double sinks and a large linen closet. Amenities galore include a private gated community dock across the street and is easily accessed for paddle boarding, kayaking and fishing or just sitting on the benches to watch the boats and the sea birds, etc. The clubhouse has a fitness center, library, ballroom, card room and access to one of the 3 pools. Other amenities are a dog park, tennis and pickleball. Close to beaches. Just minutes to downtown Stuart shopping and restaurants. Very convenient to Cleveland Clinic and medical specialists. This is a perfect seasonal retreat or year round living. One year rental wait.
-
2026-01-17$312,000 Active 2109-char remark
Show marketing remark (2109 chars)
CONQUISTADOR LIVING ON THE SAINT LUCIE RIVER If you are looking for a highly desirable easy access 1st floor, end unit condo with a private entrance and convenient parking this is the place for you! ASKING $312,000 Pet free and smoke free building. Approved parking for Pickup Trucks a real perk. Next to the Sailfish Sands golf course, driving range and restaurant complex. This totally remodeled 1st floor end unit, 2 bedroom, 2 bath, open concept, split bedroom layout offers privacy and comfort for owners and guests. Surrounded by custom gardens this unit has 24 inch travertine look porcelain tiles in living areas/baths and carpet in bedrooms. The kitchen has granite counter tops and a7 1/2 foot by 5 foot island. Solid wood maple cabinets with soft close doors. Stainless steel Whirlpool appliances two years old and a full-size GE washer/dryer (2023) in unit. New a/c 2023 with 10 year transferable warranty in unit. Impact windows throughout. Knock down ceilings (no popcorn). New crown molding and large baseboard throughout, wood trim on all doors and windows and closets. Wood valances/cornices over all windows and sliding doors. A ship lap wall gives you space to display your photos and or your art work. The patio has been reconstructed and is joined into the living room, with 3 impact glass sliding doors which can be opened during the cooler weather. The primary suite has a walk-in closet and the adjoining oversized bath has a large shower 5 feet by 3 feet, double sinks and a large linen closet. Amenities galore include a private gated community dock across the street and is easily accessed for paddle boarding, kayaking and fishing or just sitting on the benches to watch the boats and the sea birds, etc. The clubhouse has a fitness center, library, ballroom, card room and access to one of the 3 pools. Other amenities are a dog park, tennis and pickleball. Close to beaches. Just minutes to downtown Stuart shopping and restaurants. Very convenient to Cleveland Clinic and medical specialists. This is a perfect seasonal retreat or year round living. One year rental wait.
-
2025-06-17historical $1,900
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2025-05-08$1,900
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2024-12-07historical $4,000
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2024-11-19$4,000
-
2024-06-12historical $2,200
-
2024-04-24$2,200
-
2023-11-16historical $2,000
-
2023-09-02$2,000
-
2018-06-18soldstatus $135,000 Closed 876-char remark
Show marketing remark (876 chars)
Backup offers accepted. Discover the best kept secret in Martin County. Location is key! Active 55+ community w/ 12 condo Bldgs & 55 homes located across the St. Lucie River & next to the Martin County Golf Course w/ 36 holes of golf. This remodeled corner unit is light & bright, washer/dryer hookup, open lanai, Updated open Kitchen w/ garden views. Community offers fishing day dock, active clubhouse w/ commercial kitchen & dance floor. Library w/ free WYFI, card room, exercise facility w/ pool & poker tables, shuffleboard & horseshoes. BBQ area w/ screened in patio & ice machine. Dry sauna, 3 pools & tennis courts. Pet lover, it's just a short walk to dog park. Unit is on the top floor w/ garden views of an elevator building. Extra storage locker & laundry facility w/ sitting area. What more could you ask for?
-
2018-04-30historical Active Under Contract 876-char remark
Show marketing remark (876 chars)
Backup offers accepted. Discover the best kept secret in Martin County. Location is key! Active 55+ community w/ 12 condo Bldgs & 55 homes located across the St. Lucie River & next to the Martin County Golf Course w/ 36 holes of golf. This remodeled corner unit is light & bright, washer/dryer hookup, open lanai, Updated open Kitchen w/ garden views. Community offers fishing day dock, active clubhouse w/ commercial kitchen & dance floor. Library w/ free WYFI, card room, exercise facility w/ pool & poker tables, shuffleboard & horseshoes. BBQ area w/ screened in patio & ice machine. Dry sauna, 3 pools & tennis courts. Pet lover, it's just a short walk to dog park. Unit is on the top floor w/ garden views of an elevator building. Extra storage locker & laundry facility w/ sitting area. What more could you ask for?
-
2018-04-30status Pending 876-char remark
Show marketing remark (876 chars)
Backup offers accepted. Discover the best kept secret in Martin County. Location is key! Active 55+ community w/ 12 condo Bldgs & 55 homes located across the St. Lucie River & next to the Martin County Golf Course w/ 36 holes of golf. This remodeled corner unit is light & bright, washer/dryer hookup, open lanai, Updated open Kitchen w/ garden views. Community offers fishing day dock, active clubhouse w/ commercial kitchen & dance floor. Library w/ free WYFI, card room, exercise facility w/ pool & poker tables, shuffleboard & horseshoes. BBQ area w/ screened in patio & ice machine. Dry sauna, 3 pools & tennis courts. Pet lover, it's just a short walk to dog park. Unit is on the top floor w/ garden views of an elevator building. Extra storage locker & laundry facility w/ sitting area. What more could you ask for?
-
2018-04-14price $138,000 876-char remark
Show marketing remark (876 chars)
Backup offers accepted. Discover the best kept secret in Martin County. Location is key! Active 55+ community w/ 12 condo Bldgs & 55 homes located across the St. Lucie River & next to the Martin County Golf Course w/ 36 holes of golf. This remodeled corner unit is light & bright, washer/dryer hookup, open lanai, Updated open Kitchen w/ garden views. Community offers fishing day dock, active clubhouse w/ commercial kitchen & dance floor. Library w/ free WYFI, card room, exercise facility w/ pool & poker tables, shuffleboard & horseshoes. BBQ area w/ screened in patio & ice machine. Dry sauna, 3 pools & tennis courts. Pet lover, it's just a short walk to dog park. Unit is on the top floor w/ garden views of an elevator building. Extra storage locker & laundry facility w/ sitting area. What more could you ask for?
-
2018-03-19price $148,500 876-char remark
Show marketing remark (876 chars)
Backup offers accepted. Discover the best kept secret in Martin County. Location is key! Active 55+ community w/ 12 condo Bldgs & 55 homes located across the St. Lucie River & next to the Martin County Golf Course w/ 36 holes of golf. This remodeled corner unit is light & bright, washer/dryer hookup, open lanai, Updated open Kitchen w/ garden views. Community offers fishing day dock, active clubhouse w/ commercial kitchen & dance floor. Library w/ free WYFI, card room, exercise facility w/ pool & poker tables, shuffleboard & horseshoes. BBQ area w/ screened in patio & ice machine. Dry sauna, 3 pools & tennis courts. Pet lover, it's just a short walk to dog park. Unit is on the top floor w/ garden views of an elevator building. Extra storage locker & laundry facility w/ sitting area. What more could you ask for?
-
2018-02-27price $153,000 876-char remark
Show marketing remark (876 chars)
Backup offers accepted. Discover the best kept secret in Martin County. Location is key! Active 55+ community w/ 12 condo Bldgs & 55 homes located across the St. Lucie River & next to the Martin County Golf Course w/ 36 holes of golf. This remodeled corner unit is light & bright, washer/dryer hookup, open lanai, Updated open Kitchen w/ garden views. Community offers fishing day dock, active clubhouse w/ commercial kitchen & dance floor. Library w/ free WYFI, card room, exercise facility w/ pool & poker tables, shuffleboard & horseshoes. BBQ area w/ screened in patio & ice machine. Dry sauna, 3 pools & tennis courts. Pet lover, it's just a short walk to dog park. Unit is on the top floor w/ garden views of an elevator building. Extra storage locker & laundry facility w/ sitting area. What more could you ask for?
-
2018-02-10$155,000 Active 876-char remark
Show marketing remark (876 chars)
Backup offers accepted. Discover the best kept secret in Martin County. Location is key! Active 55+ community w/ 12 condo Bldgs & 55 homes located across the St. Lucie River & next to the Martin County Golf Course w/ 36 holes of golf. This remodeled corner unit is light & bright, washer/dryer hookup, open lanai, Updated open Kitchen w/ garden views. Community offers fishing day dock, active clubhouse w/ commercial kitchen & dance floor. Library w/ free WYFI, card room, exercise facility w/ pool & poker tables, shuffleboard & horseshoes. BBQ area w/ screened in patio & ice machine. Dry sauna, 3 pools & tennis courts. Pet lover, it's just a short walk to dog park. Unit is on the top floor w/ garden views of an elevator building. Extra storage locker & laundry facility w/ sitting area. What more could you ask for?
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2014-05-29historical
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2012-07-11$125,000
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Climate risk First Street
- Flood 6/10 Major FEMA zone X (unshaded) · 70% 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 2 unhealthy d/yr today · 2 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $31,475
- − Mortgage interest
- −$16,749
- − Property taxes
- −$4,485
- − Insurance
- −$1,495
- − Repairs & maintenance
- −$2,518
- − Management
- −$2,518
- − Depreciation
- −$8,698
- Taxable loss
- −$4,987
- Est. tax savings @ 24.0%
- +$1,197
- After-tax cash flow
- $1,267/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 — Sewall's Point
No livability data for this city. (Only ~50 U.S. cities are tracked.)
Census & demographics
- County
- Martin County · 165,223 people
- City population
- 10,875
- Metro
- Port St. Lucie, FL
- Population (ZIP)
- 10,653
- Household income
- $83,929
- Rent vs 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 |
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| Insurance | 2 | $17B |
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| Retail | 1 | $60B |
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| Technology Distribution | 1 | $58B |
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| Homebuilding | 1 | $35B |
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| Technology Manufacturing | 1 | $35B |
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Price history
+139.2% since first listed20 events — show timeline
- 2026-03-11 Price Changed $299,000 ForSaleByOwner.com
- 2026-02-22 Price Changed $305,000 ForSaleByOwner.com
- 2026-01-17 Listed $312,000 ForSaleByOwner.com
- 2025-06-17 Rental Removed $1,900 SHOWMOJO
- 2025-05-08 Listed for Rent $1,900 SHOWMOJO
- 2024-12-07 Rental Removed $4,000 APPFOLIO
- 2024-11-19 Listed for Rent $4,000 APPFOLIO
- 2024-06-12 Rental Removed $2,200 RMLSFL
- 2024-04-24 Listed for Rent $2,200 RMLSFL
- 2023-11-16 Rental Removed $2,000 RMLSFL
- 2023-09-02 Listed for Rent $2,000 RMLSFL
- 2018-06-18 Sold (MLS) $135,000 Beaches MLS
- 2018-04-30 Contingent — Beaches MLS
- 2018-04-30 Pending — Beaches MLS
- 2018-04-14 Price Changed $138,000 Beaches MLS
- 2018-03-19 Price Changed $148,500 Beaches MLS
- 2018-02-27 Price Changed $153,000 Beaches MLS
- 2018-02-10 Listed $155,000 Beaches MLS
- 2014-05-29 Listing Removed — MCRTC
- 2012-07-11 Listed $125,000 MCRTC
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…