8031 SE Homestead Ave · Hobe Sound, FL 33455

$199,000

2 bd · 2.0 ba · 1,135 sqft · Manufactured public records · 110 Days on market

Built 1984 Est $197k · at est. $125/mo HOA · 5% of rent

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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 +25.8/30.0
• DSCR +8.6/10.0
• ARV discount +7.2/15.0
• 1% rule +6.7/10.0
• 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 to this beautiful home in the established 55+ Heritage Ridge community! This home has many updates throughout including HVAC (2023), water heater (2024), tie downs (2019), interior and exterior paint (2022), interior door, fixtures, ceiling fans, laminate flooring, and so much more!! This section of the community even allows RVs and boats - retirement at it's finest! You're nestled away in a quiet community, yet just minutes away from your beautiful dog-friendly beach and Scooters. .. best neighborhood restaurant and bar in town!!

Key facts

• Interior door
• Hvac
• Tie downs

Tags

• HVAC
• WATER HEATER
• TIE DOWNS
• INTERIOR DOOR
• FIXTURES
• CEILING FANS

Property features AI

Finance

• HOA & community: Association amenities include clubhouse, fitness center, golf course, game room, pool, shuffleboard court, community room, and library; HOA fee $125 monthly (includes recreation facility); Senior community; Pets allowed

Exterior

• Parking: Carport (1 space); 1 covered parking space
• Utilities: Public water; Public sewer; Three-phase electric; Sewer and water available
• Home design: Manufactured home; Single-story; Resale; Faces southwest
• Construction: Vinyl siding; Modular construction
• Exterior features: Not waterfront

Interior

• Kitchen: Dishwasher; Electric range; Refrigerator
• Bedrooms: 2 bedrooms on the main level
• Flooring: Laminate
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: High ceilings; Walk-in closet(s)
• Laundry & utility: Laundry inside

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $199k.

Deal economics

• At list price, monthly cash flow is $480 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $199k).
• Recommended offer: $181k (9.0% below list) — sets the bar for market timing.
• Cap rate 9.2% vs local median 3.5% 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: 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 60% FRL vs 41% district-wide (19 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+1.8%/yr); 279 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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 40% 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 $1k of loan paydown is wiped out by about $6k 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 110 days — a 9% lower offer ($181k) is reasonable based on typical stale-listing flexibility.
• 18 sale attempts since 20y ago; this cycle's ask has dropped $21k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $162k; 22% above their basis — modest negotiation headroom, anchor on the comps not their cost.

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 $181,090 (9.0% below list)

Questions for the listing agent

1. It's been on market 110 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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. 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: 1.17% ✓
• Cap rate: 9.19%
• Cash-on-cash: 10.34%
• DSCR: 1.46
• GRM: 7.1

CMA / ARV

• ARV (on-the-fly): $197,490
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7829 SE Eagle Ave	0.16mi	2/2.0	1,152 (+2%)	2mo	$207,000	$180	88
7955 SE Independence Ave	0.10mi	2/2.0	1,279 (+13%)	1mo	$234,500	$183	73
7878 SE Swan Ave	0.12mi	2/2.0	999 (-12%)	2mo	$154,000	$154	73
7184 SE Redbird Cir	0.38mi	2/2.0	1,080 (-5%)	2mo	$190,000	$176	73
7148 SE Seahawk St	0.43mi	3/2.0 (+1)	1,180 (+4%)	2mo	$205,000	$174	67
7056 SE Amendment St	0.08mi	2/2.0	1,296 (+14%)	7mo	$212,500	$164	67
7107 SE Seahawk St	0.41mi	2/2.0	1,236 (+9%)	1mo	$215,000	$174	65
8004 SE Saratoga Dr	0.21mi	2/2.0	1,298 (+14%)	3mo	$240,000	$185	63
7850 SE Shenandoah Dr	0.25mi	2/2.0	1,293 (+14%)	2mo	$210,000	$162	63
8508 SE Swan Ave	0.46mi	2/2.0	1,248 (+10%)	0mo	$195,000	$156	62
7338 SE Redbird Cir	0.44mi	3/2.0 (+1)	1,224 (+8%)	1mo	$202,000	$165	60
8301 SE Skylark Ave	0.39mi	2/1.0	1,020 (-10%)	1mo	$213,000	$209	60

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: -2.1%
• Equity multiple: 0.92×
• Total profit: $-4,418
• Equity at exit: $29,672

10-year hold

• IRR: 6.2%
• Equity multiple: 1.44×
• Total profit: $24,518
• Equity at exit: $17,206

Cash invested: $55,720 (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

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: 279
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $2,322 high
• Mortgage (P&I): −$1,044
• Tax from tax record: −$103 /mo · $1,236/yr
• Insurance: −$83
• HOA: −$125
• Vacancy / Maint / Mgmt: −$488
• Net cashflow: $480

Break-even live

Break-even rent $1,715

Max offer price $199,000

Occupancy floor 74%

Sensitivity live

Price	-10% $593	-5% $536	+0% $480	+5% $424	+10% $367
Rent	-10% $297	-5% $388	+0% $480	+5% $572	+10% $664
Rate	-1.0pp $580	-0.5pp $531	base $480	+0.5pp $429	+1.0pp $376

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: $49,750
• Closing costs: $5,970
• Reserves months: —
• Total cash needed: —

Rent comps 20 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
8002 SE Skylark Ave Hobe Sound, FL	3.0	2.0	990	$2,000	$2.02	24d	1	0.19mi
6948 SE Delegate St Hobe Sound, FL	2.0	2.0	840	$1,775	$2.11	24d	1	0.21mi
7894 SE Saratoga Dr Hobe Sound, FL	2.0	2.0	1248	$2,100	$1.68	24d	1	0.25mi
7568 SE Swan Ave Hobe Sound, FL	2.0	2.0	1052	$2,300	$2.19	24d	1	0.37mi
7030 SE Ridgeway Ter Hobe Sound, FL	3.0	2.0	1296	$2,500	$1.93	24d	1	0.37mi
7462 SE Jamestown Ter Hobe Sound, FL	2.0	2.0	1384	$2,500	$1.81	24d	1	0.53mi
7442 SE Jamestown Ter Hobe Sound, FL	2.0	2.0	1384	$1,800	$1.30	24d	1	0.57mi
7445 SE Independence Ave Hobe Sound, FL	2.0	2.0	1198	$1,900	$1.59	24d	1	0.57mi
7607 SE Hobe Ter Hobe Sound, FL	2.0	2.0	1156	$2,200	$1.90	14d	1	0.66mi
8905 SE Sandy Ln Hobe Sound, FL	2.0	2.0	1006	$1,850	$1.84	24d	1	0.88mi
8997 SE Sandy Ln Hobe Sound, FL	2.0	1.0	900	$2,000	$2.22	24d	1	0.95mi
6215 SE Georgetown Pl Hobe Sound, FL	2.0	2.0	1202	$2,600	$2.16	24d	1	1.03mi
9073 SE Hobe Ridge Ave Hobe Sound, FL	2.0	2.0	1029	$2,100	$2.04	14d	1	1.03mi
8014 SE Carlton St Hobe Sound, FL	3.0	2.0	1463	$3,500	$2.39	24d	1	1.22mi
7959 SE Woodview Ter Hobe Sound, FL	1.0	1.0	700	$1,675	$2.39	24d	4	1.32mi
7920 SE Woodview Ter Unit 792007 Hobe Sound, FL	1.0	1.0	700	$1,675	$2.39	24d	1	1.34mi
8455 SE Palm St Hobe Sound, FL	2.0	2.0	1423	$4,700	$3.30	14d	1	1.42mi
9650 SE Eagle Ave Hobe Sound, FL	2.0	2.0–2.5	1241	$2,330	$1.88	24d	5	1.49mi
8585 SE Palm St Hobe Sound, FL	2.0	2.0	1304	$10,000	$7.67	14d	1	1.49mi
8585 SE Palm St Hobe Sound, FL	2.0	2.0	1304	$10,000	$7.67	24d	1	1.49mi

HOA detail

• Monthly dues: $125 · $1,500/yr
• Likely covers: water

Listing history 50 events

1. 2026-05-15
   status Pending 544-char remark

   Show marketing remark (597 chars)

   Under contract-accepting backup offers. Welcome to this beautiful home in the established 55+ Cambridge community! This home has many updates throughout including HVAC (2023), water heater (2024), tie downs (2019), interior and exterior paint (2022), interior door, fixtures, ceiling fans, laminate flooring, metal roof (2014) and so much more!! This section of the community even allows RVs and boats - retirement at it's finest! You're nestled away in a quiet community, yet just minutes away from your beautiful dog-friendly beach and Scooters. .. best neighborhood restaurant and bar in town!!

2. 2026-05-15
   status Pending

   Show marketing remark (597 chars)

   Under contract-accepting backup offers. Welcome to this beautiful home in the established 55+ Cambridge community! This home has many updates throughout including HVAC (2023), water heater (2024), tie downs (2019), interior and exterior paint (2022), interior door, fixtures, ceiling fans, laminate flooring, metal roof (2014) and so much more!! This section of the community even allows RVs and boats - retirement at it's finest! You're nestled away in a quiet community, yet just minutes away from your beautiful dog-friendly beach and Scooters. .. best neighborhood restaurant and bar in town!!

3. 2026-05-15
   status Pending 597-char remark

   Show marketing remark (597 chars)

   Under contract-accepting backup offers. Welcome to this beautiful home in the established 55+ Cambridge community! This home has many updates throughout including HVAC (2023), water heater (2024), tie downs (2019), interior and exterior paint (2022), interior door, fixtures, ceiling fans, laminate flooring, metal roof (2014) and so much more!! This section of the community even allows RVs and boats - retirement at it's finest! You're nestled away in a quiet community, yet just minutes away from your beautiful dog-friendly beach and Scooters. .. best neighborhood restaurant and bar in town!!

4. 2026-03-14
   price $199,000 544-char remark

   Show marketing remark (544 chars)

   Welcome to this beautiful home in the established 55+ Heritage Ridge community! This home has many updates throughout including HVAC (2023), water heater (2024), tie downs (2019), interior and exterior paint (2022), interior door, fixtures, ceiling fans, laminate flooring, and so much more!! This section of the community even allows RVs and boats - retirement at it's finest! You're nestled away in a quiet community, yet just minutes away from your beautiful dog-friendly beach and Scooters. .. best neighborhood restaurant and bar in town!!

5. 2026-03-14
   price $199,000

   Show marketing remark (544 chars)

   Welcome to this beautiful home in the established 55+ Heritage Ridge community! This home has many updates throughout including HVAC (2023), water heater (2024), tie downs (2019), interior and exterior paint (2022), interior door, fixtures, ceiling fans, laminate flooring, and so much more!! This section of the community even allows RVs and boats - retirement at it's finest! You're nestled away in a quiet community, yet just minutes away from your beautiful dog-friendly beach and Scooters. .. best neighborhood restaurant and bar in town!!

6. 2026-03-13
   price $199,000 597-char remark

   Show marketing remark (597 chars)

   Under contract-accepting backup offers. Welcome to this beautiful home in the established 55+ Cambridge community! This home has many updates throughout including HVAC (2023), water heater (2024), tie downs (2019), interior and exterior paint (2022), interior door, fixtures, ceiling fans, laminate flooring, metal roof (2014) and so much more!! This section of the community even allows RVs and boats - retirement at it's finest! You're nestled away in a quiet community, yet just minutes away from your beautiful dog-friendly beach and Scooters. .. best neighborhood restaurant and bar in town!!

7. 2026-03-04
   status Active
8. 2026-03-03
   status Active 544-char remark

   Show marketing remark (597 chars)

   Under contract-accepting backup offers. Welcome to this beautiful home in the established 55+ Cambridge community! This home has many updates throughout including HVAC (2023), water heater (2024), tie downs (2019), interior and exterior paint (2022), interior door, fixtures, ceiling fans, laminate flooring, metal roof (2014) and so much more!! This section of the community even allows RVs and boats - retirement at it's finest! You're nestled away in a quiet community, yet just minutes away from your beautiful dog-friendly beach and Scooters. .. best neighborhood restaurant and bar in town!!

9. 2026-03-03
   status Active 597-char remark

   Show marketing remark (597 chars)

   Under contract-accepting backup offers. Welcome to this beautiful home in the established 55+ Cambridge community! This home has many updates throughout including HVAC (2023), water heater (2024), tie downs (2019), interior and exterior paint (2022), interior door, fixtures, ceiling fans, laminate flooring, metal roof (2014) and so much more!! This section of the community even allows RVs and boats - retirement at it's finest! You're nestled away in a quiet community, yet just minutes away from your beautiful dog-friendly beach and Scooters. .. best neighborhood restaurant and bar in town!!

10. 2026-02-24
    status Pending 544-char remark

    Show marketing remark (597 chars)

    Under contract-accepting backup offers. Welcome to this beautiful home in the established 55+ Cambridge community! This home has many updates throughout including HVAC (2023), water heater (2024), tie downs (2019), interior and exterior paint (2022), interior door, fixtures, ceiling fans, laminate flooring, metal roof (2014) and so much more!! This section of the community even allows RVs and boats - retirement at it's finest! You're nestled away in a quiet community, yet just minutes away from your beautiful dog-friendly beach and Scooters. .. best neighborhood restaurant and bar in town!!

11. 2026-02-24
    status Pending

    Show marketing remark (597 chars)

    Under contract-accepting backup offers. Welcome to this beautiful home in the established 55+ Cambridge community! This home has many updates throughout including HVAC (2023), water heater (2024), tie downs (2019), interior and exterior paint (2022), interior door, fixtures, ceiling fans, laminate flooring, metal roof (2014) and so much more!! This section of the community even allows RVs and boats - retirement at it's finest! You're nestled away in a quiet community, yet just minutes away from your beautiful dog-friendly beach and Scooters. .. best neighborhood restaurant and bar in town!!

12. 2026-02-24
    status Pending 597-char remark

    Show marketing remark (597 chars)

    Under contract-accepting backup offers. Welcome to this beautiful home in the established 55+ Cambridge community! This home has many updates throughout including HVAC (2023), water heater (2024), tie downs (2019), interior and exterior paint (2022), interior door, fixtures, ceiling fans, laminate flooring, metal roof (2014) and so much more!! This section of the community even allows RVs and boats - retirement at it's finest! You're nestled away in a quiet community, yet just minutes away from your beautiful dog-friendly beach and Scooters. .. best neighborhood restaurant and bar in town!!

13. 2026-01-22
    price $210,000

    Show marketing remark (544 chars)

    Welcome to this beautiful home in the established 55+ Heritage Ridge community! This home has many updates throughout including HVAC (2023), water heater (2024), tie downs (2019), interior and exterior paint (2022), interior door, fixtures, ceiling fans, laminate flooring, and so much more!! This section of the community even allows RVs and boats - retirement at it's finest! You're nestled away in a quiet community, yet just minutes away from your beautiful dog-friendly beach and Scooters. .. best neighborhood restaurant and bar in town!!

14. 2026-01-22
    price $210,000 597-char remark

    Show marketing remark (544 chars)

    Welcome to this beautiful home in the established 55+ Heritage Ridge community! This home has many updates throughout including HVAC (2023), water heater (2024), tie downs (2019), interior and exterior paint (2022), interior door, fixtures, ceiling fans, laminate flooring, and so much more!! This section of the community even allows RVs and boats - retirement at it's finest! You're nestled away in a quiet community, yet just minutes away from your beautiful dog-friendly beach and Scooters. .. best neighborhood restaurant and bar in town!!

15. 2026-01-22
    price $210,000 544-char remark

    Show marketing remark (544 chars)

    Welcome to this beautiful home in the established 55+ Heritage Ridge community! This home has many updates throughout including HVAC (2023), water heater (2024), tie downs (2019), interior and exterior paint (2022), interior door, fixtures, ceiling fans, laminate flooring, and so much more!! This section of the community even allows RVs and boats - retirement at it's finest! You're nestled away in a quiet community, yet just minutes away from your beautiful dog-friendly beach and Scooters. .. best neighborhood restaurant and bar in town!!

16. 2026-01-18
    listed $220,000 Active
17. 2025-11-19
    historical
18. 2025-10-20
    status Active 597-char remark

    Show marketing remark (597 chars)

    Under contract-accepting backup offers. Welcome to this beautiful home in the established 55+ Cambridge community! This home has many updates throughout including HVAC (2023), water heater (2024), tie downs (2019), interior and exterior paint (2022), interior door, fixtures, ceiling fans, laminate flooring, metal roof (2014) and so much more!! This section of the community even allows RVs and boats - retirement at it's finest! You're nestled away in a quiet community, yet just minutes away from your beautiful dog-friendly beach and Scooters. .. best neighborhood restaurant and bar in town!!

19. 2025-10-18
    historical 597-char remark

    Show marketing remark (597 chars)

    Under contract-accepting backup offers. Welcome to this beautiful home in the established 55+ Cambridge community! This home has many updates throughout including HVAC (2023), water heater (2024), tie downs (2019), interior and exterior paint (2022), interior door, fixtures, ceiling fans, laminate flooring, metal roof (2014) and so much more!! This section of the community even allows RVs and boats - retirement at it's finest! You're nestled away in a quiet community, yet just minutes away from your beautiful dog-friendly beach and Scooters. .. best neighborhood restaurant and bar in town!!

20. 2025-08-01
    price $220,000
21. 2025-07-31
    price $220,000 544-char remark

    Show marketing remark (597 chars)

    Under contract-accepting backup offers. Welcome to this beautiful home in the established 55+ Cambridge community! This home has many updates throughout including HVAC (2023), water heater (2024), tie downs (2019), interior and exterior paint (2022), interior door, fixtures, ceiling fans, laminate flooring, metal roof (2014) and so much more!! This section of the community even allows RVs and boats - retirement at it's finest! You're nestled away in a quiet community, yet just minutes away from your beautiful dog-friendly beach and Scooters. .. best neighborhood restaurant and bar in town!!

22. 2025-07-31
    price $220,000 597-char remark

    Show marketing remark (597 chars)

    Under contract-accepting backup offers. Welcome to this beautiful home in the established 55+ Cambridge community! This home has many updates throughout including HVAC (2023), water heater (2024), tie downs (2019), interior and exterior paint (2022), interior door, fixtures, ceiling fans, laminate flooring, metal roof (2014) and so much more!! This section of the community even allows RVs and boats - retirement at it's finest! You're nestled away in a quiet community, yet just minutes away from your beautiful dog-friendly beach and Scooters. .. best neighborhood restaurant and bar in town!!

23. 2025-07-02
    price $235,000

    Show marketing remark (597 chars)

    Under contract-accepting backup offers. Welcome to this beautiful home in the established 55+ Cambridge community! This home has many updates throughout including HVAC (2023), water heater (2024), tie downs (2019), interior and exterior paint (2022), interior door, fixtures, ceiling fans, laminate flooring, metal roof (2014) and so much more!! This section of the community even allows RVs and boats - retirement at it's finest! You're nestled away in a quiet community, yet just minutes away from your beautiful dog-friendly beach and Scooters. .. best neighborhood restaurant and bar in town!!

24. 2025-07-02
    price $235,000 544-char remark

    Show marketing remark (597 chars)

    Under contract-accepting backup offers. Welcome to this beautiful home in the established 55+ Cambridge community! This home has many updates throughout including HVAC (2023), water heater (2024), tie downs (2019), interior and exterior paint (2022), interior door, fixtures, ceiling fans, laminate flooring, metal roof (2014) and so much more!! This section of the community even allows RVs and boats - retirement at it's finest! You're nestled away in a quiet community, yet just minutes away from your beautiful dog-friendly beach and Scooters. .. best neighborhood restaurant and bar in town!!

25. 2025-07-02
    price $235,000 597-char remark

    Show marketing remark (597 chars)

    Under contract-accepting backup offers. Welcome to this beautiful home in the established 55+ Cambridge community! This home has many updates throughout including HVAC (2023), water heater (2024), tie downs (2019), interior and exterior paint (2022), interior door, fixtures, ceiling fans, laminate flooring, metal roof (2014) and so much more!! This section of the community even allows RVs and boats - retirement at it's finest! You're nestled away in a quiet community, yet just minutes away from your beautiful dog-friendly beach and Scooters. .. best neighborhood restaurant and bar in town!!

26. 2025-06-13
    listed $249,900 Active 544-char remark

    Show marketing remark (597 chars)

    Under contract-accepting backup offers. Welcome to this beautiful home in the established 55+ Cambridge community! This home has many updates throughout including HVAC (2023), water heater (2024), tie downs (2019), interior and exterior paint (2022), interior door, fixtures, ceiling fans, laminate flooring, metal roof (2014) and so much more!! This section of the community even allows RVs and boats - retirement at it's finest! You're nestled away in a quiet community, yet just minutes away from your beautiful dog-friendly beach and Scooters. .. best neighborhood restaurant and bar in town!!

27. 2025-06-13
    listed $249,900 Active 597-char remark

    Show marketing remark (597 chars)

    Under contract-accepting backup offers. Welcome to this beautiful home in the established 55+ Cambridge community! This home has many updates throughout including HVAC (2023), water heater (2024), tie downs (2019), interior and exterior paint (2022), interior door, fixtures, ceiling fans, laminate flooring, metal roof (2014) and so much more!! This section of the community even allows RVs and boats - retirement at it's finest! You're nestled away in a quiet community, yet just minutes away from your beautiful dog-friendly beach and Scooters. .. best neighborhood restaurant and bar in town!!

28. 2025-05-18
    listed $249,900 Active
29. 2021-05-24
    soldstatus $162,500 Closed
30. 2021-05-24
    soldstatus $162,500
31. 2021-05-02
    historical Active Under Contract
32. 2021-04-28
    status Active
33. 2021-04-26
    historical Active Under Contract
34. 2021-04-16
    listed $168,900 Active
35. 2018-09-26
    soldstatus $129,000
36. 2018-09-21
    soldstatus $129,000 Closed
37. 2018-07-22
    status Pending
38. 2018-07-18
    status Active
39. 2018-06-28
    status Pending
40. 2018-06-28
    listed $129,900 Active
41. 2016-06-26
    historical
42. 2016-04-28
    price $75,000
43. 2016-01-11
    price $54,000
44. 2015-06-26
    soldstatus $75,000
45. 2015-06-12
    soldstatus $75,000 Closed
46. 2015-06-12
    soldstatus $75,000
47. 2015-06-12
    price $79,900
48. 2015-04-23
    status Pending
49. 2015-01-09
    listed $85,000 Active
50. 2015-01-09
    listed $79,900

ⓘ 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: $1,236 · $103/mo
• Projected year-2 tax: $1,652 · $138/mo
• Expected delta: +$416/yr (+$35/mo · 33.6%)

ⓘ 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: $27,867
• − Mortgage interest: −$11,147
• − Property taxes: −$1,236
• − Insurance: −$995
• − Repairs & maintenance: −$2,229
• − Management: −$2,229
• − HOA: −$1,500
• − Depreciation: −$5,789
• Taxable income: $2,741
• Est. tax owed @ 24.0%: −$658
• After-tax cash flow: $5,103/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

+1795.2% since first listed

60 events — show timeline

• 2026-05-15 Pending — Daytona MLS
• 2026-05-15 Pending — Beaches MLS
• 2026-05-15 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-03-14 Price Changed $199,000 Daytona MLS
• 2026-03-14 Price Changed $199,000 Beaches MLS
• 2026-03-13 Price Changed $199,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-04 Relisted — Beaches MLS
• 2026-03-03 Relisted — Daytona MLS
• 2026-03-03 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-02-24 Pending — Daytona MLS
• 2026-02-24 Pending — Beaches MLS
• 2026-02-24 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-01-22 Price Changed $210,000 Beaches MLS
• 2026-01-22 Price Changed $210,000 Stellar MLS as Distributed by MLS Grid
• 2026-01-22 Price Changed $210,000 Daytona MLS
• 2026-01-18 Listed $220,000 Beaches MLS
• 2025-11-19 Listing Removed — Beaches MLS
• 2025-10-20 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-10-18 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-08-01 Price Changed $220,000 Beaches MLS
• 2025-07-31 Price Changed $220,000 Daytona MLS
• 2025-07-31 Price Changed $220,000 Stellar MLS as Distributed by MLS Grid
• 2025-07-02 Price Changed $235,000 Beaches MLS
• 2025-07-02 Price Changed $235,000 Daytona MLS
• 2025-07-02 Price Changed $235,000 Stellar MLS as Distributed by MLS Grid
• 2025-06-13 Listed $249,900 Stellar MLS as Distributed by MLS Grid
• 2025-06-13 Listed $249,900 Daytona MLS
• 2025-05-18 Listed $249,900 Beaches MLS
• 2021-05-24 Sold (Public Records) $162,500 Public Records
• 2021-05-24 Sold (MLS) $162,500 Beaches MLS
• 2021-05-02 Contingent — Beaches MLS
• 2021-04-28 Relisted — Beaches MLS
• 2021-04-26 Contingent — Beaches MLS
• 2021-04-16 Listed $168,900 Beaches MLS
• 2018-09-26 Sold (Public Records) $129,000 Public Records
• 2018-09-21 Sold (MLS) $129,000 Beaches MLS
• 2018-07-22 Pending — Beaches MLS
• 2018-07-18 Relisted — Beaches MLS
• 2018-06-28 Pending — Beaches MLS
• 2018-06-28 Listed $129,900 Beaches MLS
• 2016-06-26 Listing Removed — MCRTC
• 2016-04-28 Price Changed $75,000 MCRTC
• 2016-01-11 Price Changed $54,000 MCRTC
• 2015-06-26 Sold (Public Records) $75,000 Public Records
• 2015-06-12 Price Changed $79,900 MCRTC
• 2015-06-12 Sold (MLS) $75,000 MCRTC
• 2015-06-12 Sold (MLS) $75,000 Beaches MLS
• 2015-04-23 Pending — Beaches MLS
• 2015-01-09 Listed $79,900 MCRTC
• 2015-01-09 Listed $85,000 Beaches MLS
• 2013-09-21 Listing Removed — Beaches MLS
• 2011-03-18 Sold (Public Records) $54,000 Public Records
• 2011-03-14 Price Changed $59,000 MCRTC
• 2011-03-14 Sold (MLS) $54,000 MCRTC
• 2010-04-16 Listed $59,000 MCRTC
• 2007-04-23 Listed $74,900 MCRTC
• 2006-10-11 Listing Removed — MCRTC
• 2006-04-11 Listed $147,900 MCRTC
• 2006-04-11 Listed $147,900 Beaches MLS
• 1980-04-01 Sold (Public Records) $10,500 Public Records

Property tax history

+6.4%/yr

Latest (2025): $1,236 · +1.3% YoY. Source: county tax records.