Coral Plan · Indiantown, FL 34956

$339,990

3 bd · 2.0 ba · 1,501 sqft · SingleFamily · 56 Days on market

Good condition $217/mo HOA · 7% 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
• Condition / age +4.0/5.0
• Schools +3.3/10.0
• 1% rule +3.1/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• DSCR +1.9/10.0

Listing remarks

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

• Formal dining space
• Gourmet kitchen
• 2-car garage

Tags

• MAIN-LEVEL LIVING
• 2-CAR GARAGE
• WIDE-OPEN FLOOR PLAN
• FORMAL DINING SPACE
• GOURMET KITCHEN
• EXTRA-LARGE CENTER ISLAND

🏗️ New construction. The $339,990 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $364,590.

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 $-472 ($-6k/yr) — negative.
• To cash-flow at today's rent, offer at most $296k (12.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $295k (13.2% below list).
• Recommended offer: $295k (13.2% below list) — sets the bar for 1% rule.

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: 232 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals lingering (median 107d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 67% of comp listings sitting > 30 days — soft ceiling on asking rent; 737 units permitted in Martin County in 2024 (167 in 5+ unit buildings).
• At $2,950/mo this rent would consume 62% of the median local household income ($58k/yr) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $27k of equity ($3k loan paydown + $24k 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 ~$43k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 56 days — a 3% lower offer ($330k) 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; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $295,016 (13.2% 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 56 days. Have you received any prior offers? Is the seller open to a 13% 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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.
9. 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.
10. 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: 4.96%
• Cash-on-cash: -4.77%
• DSCR: 0.79
• GRM: 10.3

CMA / ARV

• ARV (median comp): $364,590
• List price: $339,990
• Delta: -6.75%
• 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
14410 SW New Dawn Rd	0.26mi	3/2.0	1,513 (+1%)	3mo	$345,000	$228	84
14514 SW New Dawn Rd	0.27mi	3/2.0	1,513 (+1%)	5mo	$362,380	$240	82
14312 SW New Dawn Rd	0.26mi	3/2.0	1,513 (+1%)	6mo	$336,000	$222	82
14518 SW New Dawn Rd	0.28mi	3/2.0	1,513 (+1%)	5mo	$344,890	$228	81
13786 Reed Rd	0.44mi	3/2.0	1,513 (+1%)	3mo	$350,902	$232	76
13669 SW Vine Dr	0.22mi	4/2.0 (+1)	1,607 (+7%)	4mo	$365,590	$227	70
14304 SW New Dawn Rd	0.26mi	4/2.0 (+1)	1,607 (+7%)	3mo	$345,990	$215	68
14412 SW New Dawn Rd	0.26mi	4/2.0 (+1)	1,607 (+7%)	4mo	$358,690	$223	68
14520 SW New Dawn Rd	0.28mi	4/2.0 (+1)	1,607 (+7%)	4mo	$365,482	$227	67
14510 SW New Dawn Rd	0.26mi	4/2.0 (+1)	1,607 (+7%)	5mo	$363,590	$226	66
14835 SW Seminole Dr	0.60mi	3/3.0	1,512 (+1%)	4mo	$349,000	$231	63
14508 SW Little Indian Ave SE	0.42mi	4/2.0 (+1)	1,347 (-10%)	7mo	$325,000	$241	52

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: 12.6%
• Equity multiple: 1.88×
• Total profit: $89,656
• Equity at exit: $244,368

10-year hold

• IRR: 13.1%
• Equity multiple: 3.79×
• Total profit: $284,519
• Equity at exit: $456,875

Cash invested: $102,085 (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 →

Balanced market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 9 active · 19 under contract
• Months of supply: 3.2 mo (31%/mo absorbed)
• Median asking: $337,602 ($223/sqft)
• Median days on market: 121 d
• This list price: 56% of active listings are priced below it
• ARV vs active asking: +8.9% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 34956

• Home prices YoY: 1.2%
• Active inventory: 232
• Price-to-rent: 9.6×

Monthly cashflow live

• Estimated rent: $2,950 high
• Mortgage (P&I): −$1,912
• Tax est. 1.5%: −$456 /mo · $5,469/yr
• Insurance: −$152
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$217
• Vacancy / Maint / Mgmt: −$620
• Net cashflow: $-472

Break-even live

Break-even rent $3,548

Max offer price $296,228

Occupancy floor —

Sensitivity live

Price	-10% $-220	-5% $-346	+0% $-472	+5% $-598	+10% $-724
Rent	-10% $-705	-5% $-589	+0% $-472	+5% $-356	+10% $-239
Rate	-1.0pp $-289	-0.5pp $-380	base $-472	+0.5pp $-567	+1.0pp $-663

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: $91,148
• Closing costs: $10,938
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
15442 SW Twilight St Indiantown, FL	4.0	2.0	1722	$3,300	$1.92	2d	1	0.10mi
15817 SW Winter Rd Indiantown, FL	3.0	2.5	1428	$2,300	$1.61	107d	1	0.11mi
15693 SW Twilight St Indiantown, FL	4.0	2.5	1895	$3,300	$1.74	162d	1	0.11mi
15404 SW American St Indiantown, FL	4.0	2.0	1850	$3,000	$1.62	154d	1	0.13mi
15404 SW American St Indiantown, FL	4.0	2.0	1850	$3,000	$1.62	107d	1	0.13mi
15760 SW Hammock Way Indiantown, FL	3.0–4.0	2.0–3.5	1918	$2,420	$1.26	0d	37	1.09mi

Property features AI

Finance

• Other: List price: $339,990Address listed as 15603 SW American St, Indiantown FL 34956
• HOA & community: Association fee: $217

Exterior

• Parking: 2 parking spaces
• Utilities: Central airUtilities information available
• Home design: Coral plan homeNew construction (Plan inventory type)
• Exterior features: Living area approximately 1501 (listed)

Interior

• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central air conditioning
• Interior features: Plan name: CoralActive new construction plan

Listing history 50 events

1. 2026-11-08
   days on market $339,990 Active 56 DOM
2. 2026-11-07
   days on market $339,990 Active 55 DOM
3. 2026-11-06
   days on market $339,990 Active 54 DOM
4. 2026-11-05
   days on market $339,990 Active 53 DOM
5. 2026-11-04
   days on market $339,990 Active 52 DOM
6. 2026-11-02
   days on market $339,990 Active 50 DOM
7. 2026-11-01
   days on market $339,990 Active 49 DOM
8. 2026-10-31
   days on market $339,990 Active 48 DOM
9. 2026-10-30
   days on market $339,990 Active 47 DOM
10. 2026-10-29
    days on market $339,990 Active 46 DOM
11. 2026-10-28
    days on market $339,990 Active 45 DOM
12. 2026-10-27
    days on market $339,990 Active 44 DOM
13. 2026-10-26
    days on market $339,990 Active 43 DOM
14. 2026-10-26
    days on market $339,990 Active 42 DOM
15. 2026-10-24
    days on market $339,990 Active 41 DOM
16. 2026-10-23
    days on market $339,990 Active 40 DOM
17. 2026-10-22
    days on market $339,990 Active 39 DOM
18. 2026-10-21
    days on market $339,990 Active 38 DOM
19. 2026-10-20
    days on market $339,990 Active 37 DOM
20. 2026-10-19
    days on market $339,990 Active 36 DOM
21. 2026-10-18
    days on market $339,990 Active 35 DOM
22. 2026-10-17
    days on market $339,990 Active 34 DOM
23. 2026-10-16
    days on market $339,990 Active 33 DOM
24. 2026-10-15
    days on market $339,990 Active 32 DOM
25. 2026-10-14
    days on market $339,990 Active 31 DOM
26. 2026-10-13
    days on market $339,990 Active 30 DOM
27. 2026-10-12
    days on market $339,990 Active 29 DOM
28. 2026-10-11
    days on market $339,990 Active 28 DOM
29. 2026-10-10
    days on market $339,990 Active 27 DOM
30. 2026-10-09
    days on market $339,990 Active 26 DOM
31. 2026-10-08
    days on market $339,990 Active 25 DOM
32. 2026-10-07
    days on market $339,990 Active 24 DOM
33. 2026-10-06
    days on market $339,990 Active 23 DOM
34. 2026-10-05
    days on market $339,990 Active 22 DOM
35. 2026-10-04
    days on market $339,990 Active 21 DOM
36. 2026-10-03
    days on market $339,990 Active 20 DOM
37. 2026-10-02
    days on market $339,990 Active 19 DOM
38. 2026-10-01
    days on market $339,990 Active 18 DOM
39. 2026-09-30
    days on market $339,990 Active 17 DOM
40. 2026-09-29
    days on market $339,990 Active 16 DOM
41. 2026-09-27
    days on market $339,990 Active 14 DOM
42. 2026-09-25
    days on market $339,990 Active 12 DOM
43. 2026-09-24
    days on market $339,990 Active 11 DOM
44. 2026-09-23
    days on market $339,990 Active 10 DOM
45. 2026-09-22
    days on market $339,990 Active 9 DOM
46. 2026-09-21
    days on market $339,990 Active 8 DOM
47. 2026-09-20
    days on market $339,990 Active 7 DOM
48. 2026-09-19
    days on market $339,990 Active 6 DOM
49. 2026-09-18
    days on market $339,990 Active 5 DOM
50. 2026-09-17
    days on market $339,990 Active 4 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 9/10 Extreme FEMA zone X (unshaded) · 99% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 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: $35,402
• − Mortgage interest: −$20,423
• − Property taxes: −$5,469
• − Insurance: −$2,620
• − Repairs & maintenance: −$2,832
• − Management: −$2,832
• − HOA: −$2,604
• − Depreciation: −$10,606
• Taxable loss: −$11,985
• Est. tax savings @ 24.0%: +$2,876
• After-tax cash flow: $-2,793/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. ↑

F Composite school gradezoned avg 33/100

Zoned Schools

Elementary Warfield Elementary School F FL #2,094/2,144 Nat'l #33,158/41,679 Middle Indiantown Middle School F FL #414/571 Nat'l #7,347/14,009 High South Fork High School F FL #275/667 Nat'l #7,572/17,239

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

D Composite livability gradescore 59/100

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
• County: Martin · 172,383 people
• Metro: Port St. Lucie, FL
• Population (ZIP): 9,639
• Household income: $57,500
• Rent vs Own: 30.7% rent · 69.3% own
• Severe rent burden: 4% of renters

---

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%
• 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

Property features AI

Finance

• Other: List price: $339,990Address listed as 15603 SW American St, Indiantown FL 34956
• HOA & community: Association fee: $217

Exterior

• Parking: 2 parking spaces
• Utilities: Central airUtilities information available
• Home design: Coral plan homeNew construction (Plan inventory type)
• Exterior features: Living area approximately 1501 (listed)

Interior

• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central air conditioning
• Interior features: Plan name: CoralActive new construction plan