Coral Plan · Indiantown, FL 34956

$339,990

3 bd · 2.0 ba · 1,501 sqft · SingleFamily · 343 Days on market

Good condition $217/mo HOA · 8% of rent

---

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).

• Appreciation +8.3/10.0
• Cash flow +7.8/30.0
• ARV discount +7.5/15.0
• Schools +4.5/10.0
• Condition / age +4.0/5.0
• 1% rule +3.1/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• DSCR +1.8/10.0

Listing remarks MLS

The Coral 3-bedroom single-family home was made for main-level living. A convenient 2-car garage leads through the laundry room into the wide-open floor plan. Here, a formal dining space overlooks the gourmet kitchen. Friends will sit at the extra-large center island as you cook up a culinary masterpiece. The owner's suite provides a private retreat to unwind and features dual vanities and a spacious walk-in closet. Additionally, the Coral is the perfect home for families to gather and have a private space for work and study.

Key facts

• Gourmet kitchen
• 2-car garage
• Main-level living

Tags

• MAIN-LEVEL LIVING
• 2-CAR GARAGE
• GOURMET KITCHEN
• EXTRA LARGE CENTER ISLAND
• IMPRESSIVE GREAT ROOM
• GORGEOUS LANAI

🏗️ New construction. The $339,990 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $348,740.

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $340k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-461 ($-6k/yr) — negative.
• To cash-flow at today's rent, offer at most $282k (17.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $283k (16.9% below list).
• Recommended offer: $282k (17.1% below list) — sets the bar for cash-flow.
• Cap rate 4.9% vs local median 11.7% in Indiantown — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

Location & tenants

• Location reads 59/100 on livability (#829 in FL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: amenities F, commute F, employment 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: Warfield Elementary School (math 22% / reading 19%, grade F, #2,094 of 2,144 statewide, top 98%, 686 students, 79% FRL); Indiantown Middle School (math 42% / reading 29%, grade F, #414 of 571 statewide, top 73%, 646 students, 75% 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 68% FRL vs 41% district-wide (27 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 33% at this address vs 52% district-wide (-20 pts) — the specific schools serving this property underperform the Martin average; the district grade overstates school quality for this exact location.
• Market conditions: 136 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); 737 units permitted in Martin County in 2024 (167 in 5+ unit buildings).

Forward outlook

• In year one you build about $26k of equity ($2k loan paydown + $23k appreciation (6.7% local appreciation)).
• Martin County population projected at +19% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$41k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 343 days — a 12% lower offer ($299k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: severe flood risk; severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $281,991 (17.1% below list)

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. It's been on market 343 days. Have you received any prior offers? Is the seller open to a 17% concession, seller financing, or rate buy-down credit?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
8. 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?
9. 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.
10. 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.
11. 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: 0.81% ✗
• Cap rate: 4.93%
• Cash-on-cash: -4.85%
• DSCR: 0.78
• GRM: 10.3

CMA / ARV

• ARV (median comp): $348,740
• List price: $339,990
• Delta: -2.51%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
14312 SW New Dawn Rd	0.26mi	3/2.0	1,513 (+1%)	1mo	$336,000	$222	85
14518 SW New Dawn Rd	0.28mi	3/2.0	1,513 (+1%)	1mo	$344,890	$228	85
14306 SW New Dawn Rd	0.26mi	3/2.0	1,513 (+1%)	3mo	$332,000	$219	84
14302 SW New Dawn Rd	0.25mi	3/2.0	1,513 (+1%)	5mo	$337,000	$223	83
14316 SW New Dawn Rd	0.27mi	3/2.0	1,513 (+1%)	6mo	$316,000	$209	82
14210 SW New Dawn Rd	0.28mi	3/2.0	1,513 (+1%)	6mo	$319,999	$211	80
14220 SW New Dawn Rd	0.30mi	3/2.0	1,513 (+1%)	10mo	$338,690	$224	77
14510 SW New Dawn Rd	0.26mi	4/2.0 (+1)	1,607 (+7%)	1mo	$363,590	$226	70
14418 SW New Dawn Rd	0.26mi	4/2.0 (+1)	1,607 (+7%)	5mo	$354,590	$221	67
14314 SW New Dawn Rd	0.26mi	4/2.0 (+1)	1,607 (+7%)	5mo	$352,590	$219	67
14733 SW Little Indian Ave	0.53mi	3/3.0	1,512 (+1%)	6mo	$375,000	$248	65
14508 SW Little Indian Ave SE	0.42mi	4/2.0 (+1)	1,347 (-10%)	3mo	$325,000	$241	56

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

6.65% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 12.5%
• Equity multiple: 1.87×
• Total profit: $85,168
• Equity at exit: $233,745

10-year hold

• IRR: 13.1%
• Equity multiple: 3.77×
• Total profit: $270,896
• Equity at exit: $437,013

Cash invested: $97,647 (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 34956

• Home prices YoY: 1.2%
• Active inventory: 136
• Price-to-rent: 10.0×

Monthly cashflow live

• Estimated rent: $2,826 medium
• Mortgage (P&I): −$1,829
• Tax est. 1.5%: −$436 /mo · $5,231/yr
• Insurance: −$145
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$217
• Vacancy / Maint / Mgmt: −$593
• Net cashflow: $-461

Break-even live

Break-even rent $3,410

Max offer price $281,991

Occupancy floor —

Sensitivity live

Price	-10% $-220	-5% $-341	+0% $-461	+5% $-582	+10% $-702
Rent	-10% $-685	-5% $-573	+0% $-461	+5% $-350	+10% $-238
Rate	-1.0pp $-286	-0.5pp $-373	base $-461	+0.5pp $-552	+1.0pp $-644

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: $87,185
• Closing costs: $10,462
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
15693 SW Twilight St Indiantown, FL	4.0	2.5	1895	$3,300	$1.74	23d	1	0.11mi
15817 SW Winter Rd Indiantown, FL	3.0	2.5	1428	$2,300	$1.61	15d	1	0.12mi
15404 SW American St Indiantown, FL	4.0	2.0	1850	$3,000	$1.62	15d	1	0.13mi
15760 SW Hammock Way Indiantown, FL	3.0–4.0	2.0–3.5	1918	$2,420	$1.26	0d	40	1.09mi

HOA detail

• Monthly dues: $217 · $2,604/yr

Listing history 24 events

1. 2026-06-21
   days on market $339,990 Active 343 DOM
2. 2026-06-18
   days on market $339,990 Active 340 DOM
3. 2026-06-17
   days on market $339,990 Active 339 DOM
4. 2026-06-16
   days on market $339,990 Active 338 DOM
5. 2026-06-15
   days on market $339,990 Active 337 DOM
6. 2026-06-14
   days on market $339,990 Active 335 DOM
7. 2026-06-13
   days on market $339,990 Active 334 DOM
8. 2026-06-10
   days on market $339,990 Active 332 DOM
9. 2026-06-09
   days on market $339,990 Active 331 DOM
10. 2026-06-08
    days on market $339,990 Active 330 DOM
11. 2026-06-07
    days on market $339,990 Active 329 DOM
12. 2026-06-03
    days on market $339,990 Active 325 DOM
13. 2026-06-02
    days on market $339,990 Active 324 DOM
14. 2026-06-01
    days on market $339,990 Active 323 DOM
15. 2026-05-31
    days on market $339,990 Active 322 DOM
16. 2026-05-31
    days on market $339,990 Active 321 DOM
17. 2026-05-10
    price $339,990 531-char remark

    Show marketing remark (531 chars)

    The Coral 3-bedroom single-family home was made for main-level living. A convenient 2-car garage leads through the laundry room into the wide-open floor plan. Here, a formal dining space overlooks the gourmet kitchen. Friends will sit at the extra-large center island as you cook up a culinary masterpiece. The owner's suite provides a private retreat to unwind and features dual vanities and a spacious walk-in closet. Additionally, the Coral is the perfect home for families to gather and have a private space for work and study.

18. 2026-04-02
    price $337,990 531-char remark

    Show marketing remark (531 chars)

    The Coral 3-bedroom single-family home was made for main-level living. A convenient 2-car garage leads through the laundry room into the wide-open floor plan. Here, a formal dining space overlooks the gourmet kitchen. Friends will sit at the extra-large center island as you cook up a culinary masterpiece. The owner's suite provides a private retreat to unwind and features dual vanities and a spacious walk-in closet. Additionally, the Coral is the perfect home for families to gather and have a private space for work and study.

19. 2026-02-08
    price $336,990 531-char remark

    Show marketing remark (531 chars)

    The Coral 3-bedroom single-family home was made for main-level living. A convenient 2-car garage leads through the laundry room into the wide-open floor plan. Here, a formal dining space overlooks the gourmet kitchen. Friends will sit at the extra-large center island as you cook up a culinary masterpiece. The owner's suite provides a private retreat to unwind and features dual vanities and a spacious walk-in closet. Additionally, the Coral is the perfect home for families to gather and have a private space for work and study.

20. 2025-11-14
    price $335,990 531-char remark

    Show marketing remark (531 chars)

    The Coral 3-bedroom single-family home was made for main-level living. A convenient 2-car garage leads through the laundry room into the wide-open floor plan. Here, a formal dining space overlooks the gourmet kitchen. Friends will sit at the extra-large center island as you cook up a culinary masterpiece. The owner's suite provides a private retreat to unwind and features dual vanities and a spacious walk-in closet. Additionally, the Coral is the perfect home for families to gather and have a private space for work and study.

21. 2025-09-24
    price $339,990 531-char remark

    Show marketing remark (531 chars)

    The Coral 3-bedroom single-family home was made for main-level living. A convenient 2-car garage leads through the laundry room into the wide-open floor plan. Here, a formal dining space overlooks the gourmet kitchen. Friends will sit at the extra-large center island as you cook up a culinary masterpiece. The owner's suite provides a private retreat to unwind and features dual vanities and a spacious walk-in closet. Additionally, the Coral is the perfect home for families to gather and have a private space for work and study.

22. 2025-09-23
    price $334,990 531-char remark

    Show marketing remark (531 chars)

    The Coral 3-bedroom single-family home was made for main-level living. A convenient 2-car garage leads through the laundry room into the wide-open floor plan. Here, a formal dining space overlooks the gourmet kitchen. Friends will sit at the extra-large center island as you cook up a culinary masterpiece. The owner's suite provides a private retreat to unwind and features dual vanities and a spacious walk-in closet. Additionally, the Coral is the perfect home for families to gather and have a private space for work and study.

23. 2025-08-04
    price $329,990 531-char remark

    Show marketing remark (531 chars)

    The Coral 3-bedroom single-family home was made for main-level living. A convenient 2-car garage leads through the laundry room into the wide-open floor plan. Here, a formal dining space overlooks the gourmet kitchen. Friends will sit at the extra-large center island as you cook up a culinary masterpiece. The owner's suite provides a private retreat to unwind and features dual vanities and a spacious walk-in closet. Additionally, the Coral is the perfect home for families to gather and have a private space for work and study.

24. 2025-07-13
    listed $328,990 Active 531-char remark

    Show marketing remark (531 chars)

    The Coral 3-bedroom single-family home was made for main-level living. A convenient 2-car garage leads through the laundry room into the wide-open floor plan. Here, a formal dining space overlooks the gourmet kitchen. Friends will sit at the extra-large center island as you cook up a culinary masterpiece. The owner's suite provides a private retreat to unwind and features dual vanities and a spacious walk-in closet. Additionally, the Coral is the perfect home for families to gather and have a private space for work and study.

ⓘ 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 10/10 Extreme FEMA zone X (unshaded) · 99% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 9/10 Extreme 7 d/yr ≥108°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 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $33,907
• − Mortgage interest: −$19,535
• − Property taxes: −$5,231
• − Insurance: −$2,541
• − Repairs & maintenance: −$2,713
• − Management: −$2,713
• − HOA: −$2,604
• − Depreciation: −$10,145
• Taxable loss: −$11,574
• Est. tax savings @ 24.0%: +$2,778
• After-tax cash flow: $-2,758/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.

Condition & rehab AI · 11 photos

Good 80/100 None rehab

This well-maintained single-family home with a modern kitchen and bathrooms is ready for immediate occupancy. It has a good condition score and minimal maintenance required.

Value-add opportunities

• Resale Paint the exterior siding — Fresh paint can enhance curb appeal and property value.
• Resale Replace the carpet in the living areas and bedrooms — New carpet can improve the overall look and feel of the home.
• Resale Clean the windows — Clean windows can make the home appear more inviting and well-maintained.

Renovation cost estimate screening

Value-add ROI direction

• Resale Paint the exterior siding — Fresh paint can enhance curb appeal and property value. ↑
• Resale Replace the carpet in the living areas and bedrooms — New carpet can improve the overall look and feel of the home. ↑
• Resale Clean the windows — Clean windows can make the home appear more inviting and well-maintained. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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 — Indiantown

• Score: 59/100
• State rank: #829
• US rank: #20298

Category grades

Amenities F Commute F Cost of living A+ Crime C Employment F Housing A+ Health & safety D- User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Indiantown, FL
• Population (ZIP): 9,639

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: Diverse neighborhood (Simpson 0.64)
• Race & ethnicity: Hispanic / Latino 49% Black 24% White 24% Two or more races 16% Native American 5% Asian 1%
• Hispanic origin (detail): Mexican 21% Puerto Rican 4% Cuban 1%
• Common ancestry: Lithuanian 1% Italian 1% Slovak 1%
• Foreign-born: 22% · Canada
• Languages at home: 55% English-only · Spanish 42%

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: ▲ 6.65%
• Current HPI: 561.896
• Rent YoY: —
• Metro: —
• 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

+3.3% since first listed

8 events — show timeline

• 2026-05-10 Price Changed $339,990 Zillow
• 2026-04-02 Price Changed $337,990 Zillow
• 2026-02-08 Price Changed $336,990 Zillow
• 2025-11-14 Price Changed $335,990 Zillow
• 2025-09-24 Price Changed $339,990 Zillow
• 2025-09-23 Price Changed $334,990 Zillow
• 2025-08-04 Price Changed $329,990 Zillow
• 2025-07-13 Listed $328,990 Zillow