1866 SE Aneci St · Port St. Lucie, FL 34983

$5,000

3 bd · 2.0 ba · 1,176 sqft · SingleFamily public records · 8 Days on market

Built 1979 10,019 sqft lot

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Why this score? — see what drove the F 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 +7.8/30.0
• ARV discount +7.5/15.0
• Schools +3.7/10.0
• Rent growth +2.9/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +2.3/10.0
• DSCR +1.9/10.0
• Appreciation +0.0/10.0

Listing remarks

Foreclosure Auction Ends June 10, 2026 at 8:00 AM EST. Explore this charming 3-bedroom, 2-bath residence set in a peaceful and well-located Port Saint Lucie community. The list price is the opening bid for the online auction. Sold As-is. Explore more details and submit your bid through Federa Home App.

Key facts

• 0.23 acre lot
• Garage
• Built 1979

Property features AI

Finance

• Other: Zoning: RS-2

Exterior

• Parking: 1-car garage
• Utilities: Other water source; Other sewer
• Home design: Single family residence; One level; Residential property
• Construction: Construction materials: see remarks
• Exterior features: Front porch; Other roof

Interior

• Bedrooms: 1 total room
• Flooring: Other
• Bathrooms: 2 full bathrooms
• Heating & cooling: No heating; No cooling
• Interior features: Other flooring

🔨 Auction listing. The $5,000 list price is a nominal opening bid, not a real ask — every metric below is computed on the estimated value $323,400 (ARV from comps), not the list price.

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $5k.

Deal economics

• At list price, monthly cash flow is $-358 ($-4k/yr) — negative.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $5k).
• Cap rate 5.0% vs local median 3.9% in Port St. Lucie — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads: area grade F — 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 rising (+1.5%/yr); 358 active listings in the ZIP; 16 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 38% of the median local income ($75k/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 $10k 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

• Only 8 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 22y 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.

Risks & watch-outs

• Watch-outs: property tax is 97.0% of price.
• 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 $5,000

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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.
7. 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.
8. 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: 0.73% ✗
• Cap rate: 4.96%
• Cash-on-cash: -4.75%
• DSCR: 0.79
• GRM: 11.3

CMA / ARV

• ARV (on-the-fly): $323,400
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
433 SE Seahouse Dr	0.24mi	3/2.0	1,221 (+4%)	3mo	$347,000	$284	80
2142 SE Watercrest St	0.49mi	3/2.0	1,176 (0%)	2mo	$300,000	$255	75
417 SE Seahouse Dr	0.24mi	3/2.0	1,274 (+8%)	3mo	$355,000	$279	72
634 SE Whitmore Dr	0.33mi	3/2.0	1,096 (-7%)	5mo	$395,000	$360	69
118 SW Lancaster Ave	0.54mi	3/2.0	1,190 (+1%)	6mo	$333,000	$280	68
1650 SE Ocean Ln	0.55mi	3/2.0	1,178 (+0%)	8mo	$324,000	$275	68
1941 SE Aires Ln	0.38mi	2/2.0 (-1)	1,241 (+6%)	4mo	$250,000	$201	65
392 SE Walters Ter	0.72mi	3/2.0	1,143 (-3%)	4mo	$320,000	$280	58
1657 SE Sandia Dr	0.53mi	2/2.0 (-1)	1,259 (+7%)	4mo	$290,000	$230	55
1718 SE Aires Ln	0.72mi	3/2.0	1,257 (+7%)	2mo	$310,000	$247	53
1722 SE Biddle Ln	0.56mi	3/2.0	1,329 (+13%)	4mo	$350,000	$263	49
2065 SW Gemini Ln	0.75mi	3/2.0	1,300 (+10%)	3mo	$350,000	$269	45

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 · 1.53% rent growth · sell at horizon

5-year hold

• IRR: -26.0%
• Equity multiple: 0.13×
• Total profit: $-78,640
• Equity at exit: $48,220

10-year hold

• IRR: -28.2%
• Equity multiple: -0.23×
• Total profit: $-111,500
• Equity at exit: $27,962

Cash invested: $90,552 (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 34983

• Home prices YoY: -33.9%
• Rents YoY: 1.5%
• Active inventory: 358
• Price-to-rent: 0.2×

Monthly cashflow live

• Estimated rent: $2,376 high
• Mortgage (P&I): −$1,696
• Tax est. 1.5%: −$404 /mo · $4,851/yr
• Insurance: −$135
• HOA: −$0
• Vacancy / Maint / Mgmt: −$499
• Net cashflow: $-358

Break-even live

Break-even rent $2,829

Max offer price $271,581

Occupancy floor —

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: $80,850
• Closing costs: $9,702
• Reserves months: —
• Total cash needed: —

Rent comps 16 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
601 SE Polynesian Ave Port Saint Lucie, FL	2.0	2.0	1143	$2,000	$1.75	14d	1	0.16mi
431 SE Dalva Ave Port Saint Lucie, FL	3.0	2.0	1176	$2,150	$1.83	23d	1	0.39mi
1881 SE Airoso Blvd Port Saint Lucie, FL	3.0	2.0	1384	$2,200	$1.59	23d	1	0.58mi
2249 SE Glover St Port Saint Lucie, FL	3.0	2.0	1401	$2,500	$1.78	21d	1	0.66mi
1652 SE Floresta Dr Port Saint Lucie, FL	3.0	2.0	1344	$2,350	$1.75	23d	1	0.67mi
2174 SW Wayne St Port Saint Lucie, FL	3.0	2.0	1463	$2,370	$1.62	23d	1	0.95mi
205 SW Voltair Ter Port Saint Lucie, FL	2.0	2.0	925	$2,095	$2.26	21d	1	1.05mi
233 SW Chapman Ave Port Saint Lucie, FL	3.0	2.0	1467	$1,250	$0.85	21d	1	1.10mi
1382 SE Sandia Dr Port Saint Lucie, FL	2.0	1.0	945	$1,000	$1.06	23d	1	1.11mi
262 SW Crescent Ave Port Saint Lucie, FL	3.0	2.0	1482	$2,600	$1.75	23d	1	1.13mi
2010 SW Burlington St Port Saint Lucie, FL	3.0	2.0	1118	$2,600	$2.33	23d	1	1.21mi
991 SE Walters Ter Port Saint Lucie, FL	2.0	2.0	1040	$8,500	$8.17	23d	1	1.24mi
173 SE Fallon Dr Port Saint Lucie, FL	3.0	2.0	1281	$2,400	$1.87	14d	1	1.24mi
279 SW Glenwood Dr Port Saint Lucie, FL	3.0	2.0	1393	$2,975	$2.14	23d	1	1.34mi
650 SE Evergreen Ter Port Saint Lucie, FL	2.0	2.0	974	$2,095	$2.15	14d	1	1.40mi
2342 SW Bayshore Blvd Port Saint Lucie, FL	3.0	2.0	1176	$2,300	$1.96	23d	1	1.44mi

Listing history 7 events

1. 2026-06-10
   days on market $5,000 Active 8 DOM
2. 2026-06-09
   days on market $5,000 Active 7 DOM
3. 2026-06-08
   days on market $5,000 Active 6 DOM
4. 2026-06-07
   days on market $5,000 Active 5 DOM
5. 2026-06-05
   days on market $5,000 Active 2 DOM
6. 2026-06-03
   remarks 303-char remark
7. 2026-06-03
   listed $5,000 Active 1 DOM

ⓘ 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 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: $28,509
• − Mortgage interest: −$18,115
• − Property taxes: −$4,851
• − Insurance: −$1,617
• − Repairs & maintenance: −$2,281
• − Management: −$2,281
• − Depreciation: −$9,408
• Taxable loss: −$10,044
• Est. tax savings @ 24.0%: +$2,411
• After-tax cash flow: $-1,887/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): 49,001
• Household income: $75,489
• Rent vs Own: 15.2% rent · 84.8% own
• Severe rent burden: 843.0

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 0.65)
• Race & ethnicity: White 51% Hispanic / Latino 23% Black 18% Two or more races 13% Asian 3%
• Hispanic origin (detail): Mexican 3% Puerto Rican 9% Cuban 3%
• Common ancestry: Hispanic 3% Romanian 2% Italian 1%
• Foreign-born: 19% · Canada, Guatemala, Jamaica
• Languages at home: 74% English-only · Spanish 15% French/Haitian/Cajun 4% Other Indo-European 2%

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: ▼ -209.28%
• Current HPI: 407.6341
• Rent YoY: ▲ 1.53%
• 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

-88.9% since first listed

16 events — show timeline

• 2026-06-02 Listed $5,000 HAOR as distributed by MLS GRID
• 2018-06-29 Sold (Public Records) $165,000 Public Records
• 2018-06-26 Sold (MLS) $165,000 Beaches MLS
• 2018-05-10 Pending — Beaches MLS
• 2018-04-10 Price Changed $167,950 Beaches MLS
• 2018-04-10 Relisted — Beaches MLS
• 2018-02-10 Listing Removed — Beaches MLS
• 2018-01-19 Listed $159,900 Beaches MLS
• 2016-01-11 Price Changed $136,500 MCRTC
• 2004-08-03 Sold (Public Records) $139,000 Public Records
• 2004-07-16 Sold (MLS) $139,000 Beaches MLS
• 2004-06-18 Listing Removed — Beaches MLS
• 2004-05-16 Listed $136,500 Beaches MLS
• 2004-05-16 Listed $139,000 MCRTC
• 2004-03-04 Sold (Public Records) $121,000 Public Records
• 1998-04-10 Sold (Public Records) $45,000 Public Records

Property tax history

+5.6%/yr

Latest (2025): $2,871 · +3.7% YoY. Source: county tax records.