1921 SW Granello Ter · Port St. Lucie, FL 34953

$280,000

3 bd · 2.0 ba · 1,402 sqft · SingleFamily public records · 243 Days on market

Built 1992 0.25 ac lot Est $345k · 19% 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 +15.0/15.0
• Cash flow +13.8/30.0
• 1% rule +4.4/10.0
• DSCR +4.2/10.0
• Schools +3.7/10.0
• Rent growth +2.6/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

TAKE A LOOK AT THIS! NICE 3/2/2 HOME - 2016 ROOF. OPEN LAYOUT WITH ROOMY EAT IN KITCHEN, PLENTY OF CABINETS. SPACIOUS MASTER WITH PLANTATION SHUTTERS.. TILE FLOORS IN MAIN AREAS. HI TECH WASHER/DRYER. COVERED AND SCREENED LANAI, FENCED YARD. HURRICANE SHUTTERS. CHECK IT OUT!

Key facts

• Open floor plan
• Natural light
• Vaulted ceilings

Tags

• QUARTER-ACRE LOT
• NO HOA
• OPEN FLOOR PLAN
• VAULTED CEILINGS
• NATURAL LIGHT
• EAT-IN BREAKFAST NOOK

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $280k.

Deal economics

• At list price, monthly cash flow is $24 ($290/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 (6.3% below list).
• Recommended offer: $246k (12.0% below list) — sets the bar for market timing.
• Cap rate 6.4% vs local median 3.9% in Port St. Lucie — 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 D — affects rentability + tenant quality, not the cash-flow math above.
• 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.
• Market conditions: Rents flat; 758 active listings in the ZIP; 23 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; 4,868 units permitted in St. Lucie County in 2024 (268 in 5+ unit buildings).
• This rent runs 37% of the median local income ($86k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k 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 243 days — a 12% lower offer ($246k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 21y ago; this cycle's ask has dropped $65k (19%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $246,400 (12.0% below list)

Questions for the listing agent

1. It's been on market 243 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.94% ✗
• Cap rate: 6.40%
• Cash-on-cash: 0.37%
• DSCR: 1.02
• GRM: 8.9

CMA / ARV

• ARV (on-the-fly): $344,892
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1966 SW Lennox St	0.23mi	3/2.0	1,552 (+11%)	19mo	$382,000	$246	56
1801 SW Beeker St	0.60mi	3/2.0	1,284 (-8%)	7mo	$305,000	$238	52
1834 SW Davis St	0.44mi	3/2.0	1,528 (+9%)	17mo	$365,000	$239	51
2074 SW Certosa Rd	0.41mi	3/2.0	1,246 (-11%)	17mo	$400,000	$321	48
1801 SW Leafy	0.29mi	4/2.0 (+1)	1,587 (+13%)	14mo	$318,000	$200	48
2026 SW Ember St	0.60mi	3/2.0	1,452 (+4%)	22mo	$410,000	$282	47
647 SW Andros Cir	0.75mi	2/2.0 (-1)	1,468 (+5%)	7mo	$335,000	$228	46
1981 SW Delmonico Ave	0.29mi	3/2.0	1,582 (+13%)	23mo	$395,000	$250	46
2025 SW Driftwood St	0.74mi	3/2.0	1,569 (+12%)	6mo	$440,000	$280	41
1702 SW Boeing St	0.66mi	4/2.0 (+1)	1,568 (+12%)	5mo	$318,200	$203	41
1731 SW Bonanza St	0.59mi	3/2.0	1,544 (+10%)	23mo	$364,000	$236	37
2225 SW Trapp Ter	0.60mi	3/2.0	1,240 (-12%)	23mo	$410,000	$331	34

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 · 0.22% rent growth · sell at horizon

5-year hold

• IRR: -19.0%
• Equity multiple: 0.35×
• Total profit: $-50,864
• Equity at exit: $41,749

10-year hold

• IRR: -19.1%
• Equity multiple: 0.11×
• Total profit: $-69,582
• Equity at exit: $24,209

Cash invested: $78,400 (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 34953

• Home prices YoY: -10.1%
• Rents YoY: 0.2%
• Active inventory: 758
• Price-to-rent: 8.9×

Monthly cashflow live

• Estimated rent: $2,624 high
• Mortgage (P&I): −$1,468
• Tax from tax record: −$464 /mo · $5,565/yr
• Insurance: −$117
• HOA: −$0
• Vacancy / Maint / Mgmt: −$551
• Net cashflow: $24

Break-even live

Break-even rent $2,593

Max offer price $280,000

Occupancy floor 94%

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: $70,000
• Closing costs: $8,400
• Reserves months: —
• Total cash needed: —

Rent comps 23 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1773 SW Cannon Ave Port Saint Lucie, FL	4.0	2.0	1833	$2,336	$1.27	14d	1	0.40mi
1829 SW California Blvd Port Saint Lucie, FL	3.0	2.0	1412	$2,116	$1.50	23d	1	0.44mi
1813 SW Altman Ave Port Saint Lucie, FL	3.0	2.0	912	$2,200	$2.41	14d	1	0.45mi
1902 SW Aladdin St Port St Lucie, FL	3.0	2.0	1383	$2,350	$1.70	23d	1	0.51mi
1402 SW Crest Ave Port Saint Lucie, FL	4.0	2.0	1827	$2,495	$1.37	23d	1	0.72mi
2325 SW Pamona St Port Saint Lucie, FL	2.0	1.0	912	$1,900	$2.08	14d	1	0.86mi
1280 SW Jacqueline Ave #1280 Port St. Lucie, FL	3.0	2.0	1416	$3,000	$2.12	23d	1	0.87mi
1331 SW Bellevue Ave Port Saint Lucie, FL	3.0	2.0	1328	$2,249	$1.69	23d	1	0.91mi
708 SW Saint Vincent Cv Port St Lucie, FL	2.0	2.0	1327	$2,200	$1.66	14d	1	0.91mi
2073 SW Capeador St Port Saint Lucie, FL	3.0	2.0	1250	$2,500	$2.00	23d	1	0.91mi
788 SW Munjack Cir Port Saint Lucie, FL	2.0	2.0	1672	$2,500	$1.50	23d	1	0.92mi
615 SW Saint Thomas Cv Port Saint Lucie, FL	3.0	2.0	1672	$2,600	$1.56	14d	1	0.97mi
1292 SW Bellevue Ave Port Saint Lucie, FL	3.0	2.0	1200	$2,300	$1.92	14d	1	0.98mi
1341 SW Oriole Ln Port Saint Lucie, FL	3.0	2.0	1698	$2,300	$1.35	23d	1	1.05mi
839 SW Munjack Cir Port Saint Lucie, FL	3.0	3.0	1863	$3,350	$1.80	14d	1	1.06mi
2547 SW Kenilworth St Port Saint Lucie, FL	3.0	2.0	1674	$2,500	$1.49	14d	1	1.23mi
2526 SW Savage Blvd Port Saint Lucie, FL	3.0	2.0	1827	$2,600	$1.42	23d	1	1.23mi
2542 SW Kensington St Port Saint Lucie, FL	3.0	2.0	1470	$3,200	$2.18	14d	1	1.28mi
2217 SW Halissee St Port Saint Lucie, FL	3.0	2.0	1410	$2,500	$1.77	23d	1	1.30mi
2248 SW Halissee St Port Saint Lucie, FL	3.0	2.0	1383	$2,500	$1.81	21d	1	1.33mi
1080 SW Colorado Ave Port Saint Lucie, FL	3.0	2.0	1240	$2,150	$1.73	23d	1	1.36mi
726 SW Aruba Bay Port Saint Lucie, FL	3.0	2.0	1409	$2,850	$2.02	23d	1	1.46mi
726 SW Aruba Bay Port Saint Lucie, FL	3.0	2.0	1409	$2,850	$2.02	21d	1	1.46mi

Listing history 30 events

1. 2026-04-01
   status Pending
2. 2026-03-20
   price $280,000
3. 2026-03-06
   price $290,000
4. 2026-02-12
   price $300,000
5. 2026-01-23
   price $310,000
6. 2026-01-08
   price $320,000
7. 2025-12-09
   status Active
8. 2025-12-09
   price $330,000
9. 2025-11-24
   status Pending
10. 2025-09-23
    price $294,800
11. 2025-09-05
    price $300,000
12. 2025-08-14
    price $325,000
13. 2025-07-17
    listed $345,000 Active
14. 2022-09-07
    soldstatus $335,000
15. 2022-09-02
    soldstatus $335,000 Closed 281-char remark

    Show marketing remark (281 chars)

    TAKE A LOOK AT THIS! NICE 3/2/2 HOME - 2016 ROOF. OPEN LAYOUT WITH ROOMY EAT IN KITCHEN, PLENTY OF CABINETS. SPACIOUS MASTER WITH PLANTATION SHUTTERS.. TILE FLOORS IN MAIN AREAS. HI TECH WASHER/DRYER. COVERED AND SCREENED LANAI, FENCED YARD. HURRICANE SHUTTERS. CHECK IT OUT!

16. 2022-08-03
    status Pending 281-char remark

    Show marketing remark (281 chars)

    TAKE A LOOK AT THIS! NICE 3/2/2 HOME - 2016 ROOF. OPEN LAYOUT WITH ROOMY EAT IN KITCHEN, PLENTY OF CABINETS. SPACIOUS MASTER WITH PLANTATION SHUTTERS.. TILE FLOORS IN MAIN AREAS. HI TECH WASHER/DRYER. COVERED AND SCREENED LANAI, FENCED YARD. HURRICANE SHUTTERS. CHECK IT OUT!

17. 2022-08-02
    price $335,000 281-char remark

    Show marketing remark (281 chars)

    TAKE A LOOK AT THIS! NICE 3/2/2 HOME - 2016 ROOF. OPEN LAYOUT WITH ROOMY EAT IN KITCHEN, PLENTY OF CABINETS. SPACIOUS MASTER WITH PLANTATION SHUTTERS.. TILE FLOORS IN MAIN AREAS. HI TECH WASHER/DRYER. COVERED AND SCREENED LANAI, FENCED YARD. HURRICANE SHUTTERS. CHECK IT OUT!

18. 2022-07-29
    listed $329,888 Active 281-char remark

    Show marketing remark (281 chars)

    TAKE A LOOK AT THIS! NICE 3/2/2 HOME - 2016 ROOF. OPEN LAYOUT WITH ROOMY EAT IN KITCHEN, PLENTY OF CABINETS. SPACIOUS MASTER WITH PLANTATION SHUTTERS.. TILE FLOORS IN MAIN AREAS. HI TECH WASHER/DRYER. COVERED AND SCREENED LANAI, FENCED YARD. HURRICANE SHUTTERS. CHECK IT OUT!

19. 2014-10-07
    historical
20. 2013-09-22
    historical
21. 2008-12-31
    soldstatus $85,000
22. 2008-12-29
    soldstatus $85,000
23. 2008-10-31
    historical
24. 2008-10-25
    listed $79,000
25. 2008-04-29
    listed $89,900
26. 2006-03-07
    soldstatus $215,000
27. 2006-02-24
    soldstatus $215,000
28. 2006-01-30
    historical
29. 2006-01-07
    listed $219,900
30. 2005-07-13
    listed $219,198

ⓘ 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: $5,565 · $464/mo
• Projected year-2 tax: $5,565 · $464/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 · 22 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $31,488
• − Mortgage interest: −$15,684
• − Property taxes: −$5,565
• − Insurance: −$1,400
• − Repairs & maintenance: −$2,519
• − Management: −$2,519
• − Depreciation: −$8,145
• Taxable loss: −$4,345
• Est. tax savings @ 24.0%: +$1,043
• After-tax cash flow: $1,333/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 — Port St. Lucie

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: Port St. Lucie, FL
• County: Saint Lucie County · 337,150 people
• City population: 221,051
• Metro: Port St. Lucie, FL
• Population (ZIP): 86,875
• Household income: $85,667
• Rent vs Own: 13.1% rent · 86.9% own
• Severe rent burden: 857.0

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: Diverse neighborhood (Simpson 0.69)
• Race & ethnicity: White 42% Hispanic / Latino 28% Black 23% Two or more races 15% Asian 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 8% Cuban 4% Dominican 3%
• Common ancestry: Hispanic 4% Romanian 2% Estonian 2%
• Foreign-born: 24% · Canada, Jamaica, China
• Languages at home: 69% English-only · Spanish 19% French/Haitian/Cajun 6% Other Indo-European 3%

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: ▼ -44.19%
• Current HPI: 392.7681
• Rent YoY: ▲ 0.22%
• 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

+27.7% since first listed

30 events — show timeline

• 2026-04-01 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-03-20 Price Changed $280,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-06 Price Changed $290,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-12 Price Changed $300,000 Stellar MLS as Distributed by MLS Grid
• 2026-01-23 Price Changed $310,000 Stellar MLS as Distributed by MLS Grid
• 2026-01-08 Price Changed $320,000 Stellar MLS as Distributed by MLS Grid
• 2025-12-09 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-12-09 Price Changed $330,000 Stellar MLS as Distributed by MLS Grid
• 2025-11-24 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-09-23 Price Changed $294,800 Stellar MLS as Distributed by MLS Grid
• 2025-09-05 Price Changed $300,000 Stellar MLS as Distributed by MLS Grid
• 2025-08-14 Price Changed $325,000 Stellar MLS as Distributed by MLS Grid
• 2025-07-17 Listed $345,000 Stellar MLS as Distributed by MLS Grid
• 2022-09-07 Sold (Public Records) $335,000 Public Records
• 2022-09-02 Sold (MLS) $335,000 Beaches MLS
• 2022-08-03 Pending — Beaches MLS
• 2022-08-02 Price Changed $335,000 Beaches MLS
• 2022-07-29 Listed $329,888 Beaches MLS
• 2014-10-07 Listing Removed — Beaches MLS
• 2013-09-22 Listing Removed — Beaches MLS
• 2008-12-31 Sold (Public Records) $85,000 Public Records
• 2008-12-29 Sold (MLS) $85,000 Beaches MLS
• 2008-10-31 Listing Removed — Beaches MLS
• 2008-10-25 Listed $79,000 Beaches MLS
• 2008-04-29 Listed $89,900 Beaches MLS
• 2006-03-07 Sold (Public Records) $215,000 Public Records
• 2006-02-24 Sold (MLS) $215,000 Beaches MLS
• 2006-01-30 Listing Removed — Beaches MLS
• 2006-01-07 Listed $219,900 Beaches MLS
• 2005-07-13 Listed $219,198 Beaches MLS

Property tax history

+12.9%/yr

Latest (2025): $5,565 · -12.0% YoY. Source: county tax records.