950 S Kanner Hwy · Stuart, FL 34994

$212,995

2 bd · 2.5 ba · 1,250 sqft · Townhouse · 17 Days on market

Built 1981 Good condition Est $325k · 34% under

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Why this score? — see what drove the B- 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 +24.4/30.0
• ARV discount +15.0/15.0
• DSCR +7.9/10.0
• 1% rule +6.3/10.0
• Schools +4.5/10.0
• Livability +4.2/5.0
• Condition / age +3.8/5.0
• Rent growth +2.3/5.0
• Appreciation +0.0/10.0

Listing remarks

Comfort and convenience in downtown Staurt! This 2 bed, 3 bath townhouse, with oversized porch is exactly what you've been looking for. Renovated kitchen with top-of-the-line Brazilian cherry custom cabinets and quartz counter tops. The community offers two clubhouses, resort style pools, Kayak storage/launch, bike storage and so much more. HOA fee include water, Cable and Wifi! Hurry up, it's time to come home!!

Key facts

• Resort style pools
• Oversized porch
• Two clubhouses

Tags

• OVERSIZED PORCH
• RENOVATED KITCHEN
• QUARTZ COUNTER TOPS
• TWO CLUBHOUSES
• RESORT STYLE POOLS
• KAYAK STORAGE LAUNCH

What this means for you Summary

Snapshot

• This is a 2-bed/2.5-bath townhouse listed at $213k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $367 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $213k).
• Recommended offer: $210k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.7% vs local median 3.5% in Stuart — 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 84/100 on livability (#39 in FL, #790 nationally) — a professional / high-income tenant draw. Strengths: commute A+, housing A+, health & safety A+; Watch: crime C-, employment C-, amenities D.
• 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: J. D. Parker School of Technology (math 39% / reading 40%, grade F, #1,513 of 2,144 statewide, top 73%, 519 students, 72% FRL); Stuart Middle School (math 55% / reading 55%, grade B-, #180 of 571 statewide, top 32%, 867 students, 49% FRL); Jensen Beach High School (math 53% / reading 71%, grade B-, #98 of 667 statewide, top 15%, 1,584 students, 36% FRL).
• Market conditions: Rents soft (-0.7%/yr); 259 active listings in the ZIP; 32 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 737 units permitted in Martin County in 2024 (167 in 5+ unit buildings).
• At $2,412/mo this rent would consume 46% of the median local household income ($63k/yr) (locally 1408% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

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 17 days — a 2% lower offer ($210k) is reasonable based on typical stale-listing flexibility.
• 27 sale attempts since 23y 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.
• Current owner paid $92k; list at $213k implies a 132% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $209,800 (1.5% below list)

Questions for the listing agent

1. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
4. 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.
5. 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.
6. 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: 1.13% ✓
• Cap rate: 8.74%
• Cash-on-cash: 8.72%
• DSCR: 1.39
• GRM: 7.4

CMA / ARV

• ARV (on-the-fly): $325,000
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
950 S Kanner Hwy Unit TH138	0.06mi	2/2.5	1,250 (0%)	2mo	$209,000	$167	96
950 S Kanner Hwy #101	0.08mi	2/2.0	1,164 (-7%)	3mo	$305,000	$262	80
1831 SW Palm City Rd Unit C501	0.54mi	2/2.0	1,188 (-5%)	3mo	$210,000	$177	62
1852 SW Palm City Rd #202	0.67mi	2/2.0	1,191 (-5%)	4mo	$200,000	$168	56
1866 SW Palm City Rd #107	0.74mi	2/2.0	1,191 (-5%)	2mo	$296,500	$249	54
1866 SW Palm City Rd #202	0.74mi	2/2.0	1,187 (-5%)	3mo	$321,000	$270	53
1864 SW Palm City Rd #204	0.73mi	2/2.0	1,191 (-5%)	4mo	$310,000	$260	53
1866 SW Palm City Rd #101	0.74mi	2/2.0	1,191 (-5%)	5mo	$310,000	$260	52
1866 SW Palm City Rd #201	0.74mi	2/2.0	1,191 (-5%)	5mo	$340,000	$285	52
1862 SW Palm City Rd #206	0.71mi	2/2.0	1,191 (-5%)	8mo	$250,000	$210	51
41 SW Seminole St #208	0.69mi	2/2.0	1,377 (+10%)	1mo	$1,100,000	$799	48
40 SE Sedona Cir #104	0.72mi	3/2.0 (+1)	1,157 (-7%)	1mo	$265,000	$229	46

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -8.5%
• Equity multiple: 0.70×
• Total profit: $-18,130
• Equity at exit: $31,758

10-year hold

• IRR: -3.7%
• Equity multiple: 0.79×
• Total profit: $-12,690
• Equity at exit: $18,416

Cash invested: $59,639 (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 34994

• Home prices YoY: -27.1%
• Rents YoY: -0.7%
• Active inventory: 259
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $2,412 high
• Mortgage (P&I): −$1,117
• Tax est. 1.5%: −$266 /mo · $3,195/yr
• Insurance: −$89
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$507
• Net cashflow: $367

Break-even live

Break-even rent $1,947

Max offer price $212,995

Occupancy floor 80%

Sensitivity live

Price	-10% $514	-5% $441	+0% $367	+5% $293	+10% $220
Rent	-10% $176	-5% $272	+0% $367	+5% $462	+10% $558
Rate	-1.0pp $474	-0.5pp $421	base $367	+0.5pp $312	+1.0pp $256

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: $53,249
• Closing costs: $6,390
• Reserves months: —
• Total cash needed: —

Rent comps 32 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
950 S Kanner Hwy Stuart, FL	1.0–2.0	1.0–2.5	1062	$2,000	$1.88	25d	5	0.01mi
950 S Kanner Hwy Stuart, FL	1.0–2.0	1.0–2.0	850	$2,000	$2.35	15d	4	0.01mi
950 S Kanner Hwy Stuart, FL	2.0	2.0	1019	$1,888	$1.85	23d	3	0.01mi
701 SW Bryant Ave Stuart, FL	2.0	1.0	1295	$3,300	$2.55	15d	1	0.33mi
801 SE Central Ave Stuart, FL	3.0	1.0	899	$2,300	$2.56	15d	1	0.49mi
1871 SW Palm City Rd Unit G401 Stuart, FL	3.0	2.0	1289	$2,200	$1.71	25d	1	0.53mi
514 SW North Carolina Dr Stuart, FL	3.0	2.0	1836	$3,695	$2.01	15d	1	0.54mi
85 SE Hancock St Stuart, FL	1.0–2.0	1.0–2.0	1278	$2,300	$1.80	15d	2	0.56mi
310 SE Denver Ave Unit 2 Stuart, FL	2.0	2.0	1300	$2,900	$2.23	15d	1	0.58mi
1900 S Kanner Hwy Unit 2-203 Stuart, FL	2.0	2.0	1086	$1,800	$1.66	15d	1	0.60mi
201 SW Joan Jefferson Way Stuart, FL	2.0–3.0	2.0	1400	$2,545	$1.82	15d	10	0.65mi
47 SW Osceola St #206 Stuart, FL	2.0	2.0	1276	$4,000	$3.13	25d	1	0.66mi
47 SW Osceola St Unit UN206 Stuart, FL	2.0	2.0	1276	$3,900	$3.06	25d	1	0.66mi
41 SW Seminole St Stuart, FL	3.0	1.0–2.5	1353	$13,167	$9.73	25d	3	0.69mi
40 SE Sedona Cir #103 Stuart, FL	3.0	2.5	1671	$3,800	$2.27	25d	1	0.73mi
400 SE Central Pkwy Stuart, FL	1.0–2.0	1.0–2.0	918	$2,640	$2.87	15d	16	0.74mi
1868 SW Palm City Rd Apt 202 Stuart, FL	2.0	2.0	1191	$2,900	$2.43	25d	1	0.75mi
345 SE Angler Dr Stuart, FL	3.0	2.5	1475	$2,650	$1.80	23d	1	0.79mi
1950 SW Palm City Rd Unit 4-4205 Stuart, FL	2.0	2.0	938	$2,400	$2.56	15d	1	0.83mi
1950 SW Palm City Rd Stuart, FL	2.0	2.0	1031	$3,150	$3.05	25d	3	0.84mi
44 SE Sedona Cir #201 Stuart, FL	3.0	2.0	1443	$2,200	$1.52	25d	1	0.87mi
47 SE Sedona Cir #203 Stuart, FL	3.0	2.5	1450	$2,200	$1.52	25d	1	0.87mi
801 SE Central Pkwy #7 Stuart, FL	2.0	2.0	1046	$2,150	$2.06	15d	1	1.04mi
2600 S Kanner Hwy Stuart, FL	1.0–2.0	1.5–2.0	890	$1,950	$2.19	15d	3	1.15mi
1634 SW Crossing Cir Palm City, FL	2.0	1.5	1258	$2,200	$1.75	25d	1	1.28mi
217 SE Coconut Ave Stuart, FL	2.0	1.0	1197	$5,000	$4.18	25d	1	1.29mi
215 NW Flagler Ave #202 Stuart, FL	2.0	2.0	1182	$2,500	$2.12	25d	1	1.32mi
275 NW Flagler Ave #204 Stuart, FL	3.0	2.0	1391	$6,500	$4.67	25d	1	1.35mi
275 NW Flagler Ave #205 Stuart, FL	2.0	2.0	1183	$2,800	$2.37	25d	1	1.35mi
415 NW Flagler Ave #403 Stuart, FL	2.0	2.0	1082	$3,000	$2.77	25d	1	1.44mi
2819 SW Cornell Ave Palm City, FL	2.0	1.5	1060	$2,150	$2.03	23d	1	1.48mi
2118 SE Edler Dr Unit B Stuart, FL	2.0	2.0	876	$1,995	$2.28	25d	1	1.50mi

Listing history 12 events

1. 2026-06-21
   days on market $212,995 Active 17 DOM
2. 2026-06-18
   days on market $212,995 Active 14 DOM
3. 2026-06-17
   days on market $212,995 Active 13 DOM
4. 2026-06-16
   days on market $212,995 Active 12 DOM
5. 2026-06-15
   days on market $212,995 Active 11 DOM
6. 2026-06-14
   days on market $212,995 Active 9 DOM
7. 2026-06-13
   days on market $212,995 Active 8 DOM
8. 2026-06-10
   days on market $212,995 Active 6 DOM
9. 2026-06-09
   days on market $212,995 Active 5 DOM
10. 2026-06-08
    days on market $212,995 Active 4 DOM
11. 2026-06-07
    remarks 416-char remark
12. 2026-06-07
    listed $212,995 Active 3 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 7/10 Severe FEMA zone X (shaded) · 91% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥106°F today · 27 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: $28,943
• − Mortgage interest: −$11,931
• − Property taxes: −$3,195
• − Insurance: −$1,862
• − Repairs & maintenance: −$2,315
• − Management: −$2,315
• − Depreciation: −$6,196
• Taxable income: $1,128
• Est. tax owed @ 24.0%: −$271
• After-tax cash flow: $4,134/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 · 10 photos

Good 75/100 Cosmetic rehab

This well-maintained townhouse is move-in ready with a fresh paint job and modern updates, making it an attractive option for both resale and rental.

Value-add opportunities

• Both landscaping — enhances curb appeal and adds value
• Both paint exterior walls — improves curb appeal and adds value
• Both install new flooring — modernizes the space and adds value

Renovation cost estimate screening

Value-add ROI direction

• Both landscaping — enhances curb appeal and adds value ↑
• Both paint exterior walls — improves curb appeal and adds value ↑
• Both install new flooring — modernizes the space and adds value ↑

ⓘ 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 — Stuart

• Score: 84/100
• State rank: #39
• US rank: #790

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Stuart, FL
• County: Martin County · 165,223 people
• City population: 65,812
• Metro: Port St. Lucie, FL
• Population (ZIP): 18,737
• Household income: $62,533
• Rent vs Own: 42.1% rent · 57.9% own
• Severe rent burden: 1408.0

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: Majority White (65%)
• Race & ethnicity: White 65% Hispanic / Latino 21% Two or more races 12% Black 11%
• Hispanic origin (detail): Mexican 6% Puerto Rican 5% Cuban 1%
• Common ancestry: Romanian 5% Lithuanian 3% Slovak 2%
• Foreign-born: 12% · Canada
• Languages at home: 80% English-only · Spanish 16% Russian/Polish/Slavic 2% 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: ▼ -130.08%
• Current HPI: 349.7061
• Rent YoY: ▼ -0.69%
• 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

+124.2% since first listed

61 events — show timeline

• 2026-06-04 Listed $212,995 ForSaleByOwner.com
• 2026-06-03 Listed for Rent $1,800 APPFOLIO
• 2026-05-29 Rental Removed $1,800 SHOWMOJO
• 2026-05-23 Rental Removed $1,800 APPFOLIO
• 2026-05-20 Listed for Rent $1,800 SHOWMOJO
• 2026-03-05 Listed for Rent $1,800 APPFOLIO
• 2026-02-26 Rental Removed $1,800 APPFOLIO
• 2026-02-06 Listed for Rent $1,800 APPFOLIO
• 2025-07-25 Rental Removed $1,800 APPFOLIO
• 2025-05-25 Listed for Rent $1,800 APPFOLIO
• 2024-12-22 Rental Removed $1,700 APPFOLIO
• 2024-12-05 Rental Removed $1,700 SHOWMOJO
• 2024-11-07 Listed for Rent $1,700 APPFOLIO
• 2024-11-05 Listed for Rent $1,495 SHOWMOJO
• 2024-09-27 Listing Removed — Beaches MLS
• 2024-09-11 Rental Removed $1,700 APPFOLIO
• 2024-08-29 Listed for Rent $1,700 APPFOLIO
• 2024-07-26 Listed $300,000 Beaches MLS
• 2016-06-26 Listing Removed — MCRTC
• 2016-06-26 Listing Removed — MCRTC
• 2016-06-26 Listing Removed — MCRTC
• 2016-06-26 Listing Removed — MCRTC
• 2016-04-28 Price Changed $95,000 MCRTC
• 2016-01-11 Price Changed $92,000 MCRTC
• 2016-01-11 Price Changed $94,000 MCRTC
• 2014-12-19 Price Changed $96,000 MCRTC
• 2014-12-19 Sold (MLS) $92,000 MCRTC
• 2014-12-05 Price Changed $109,000 MCRTC
• 2014-12-05 Sold (MLS) $95,000 MCRTC
• 2014-11-13 Listed $109,000 MCRTC
• 2014-10-15 Listing Removed — Beaches MLS
• 2014-10-13 Listing Removed — Beaches MLS
• 2014-09-12 Sold (MLS) $67,500 Beaches MLS
• 2014-09-05 Sold (MLS) $94,000 MCRTC
• 2014-09-05 Price Changed $96,000 MCRTC
• 2014-08-26 Listed $96,000 MCRTC
• 2014-08-21 Listing Removed — Beaches MLS
• 2014-07-02 Listed $96,000 MCRTC
• 2014-05-27 Listing Removed — Beaches MLS
• 2014-05-19 Listed $72,000 Beaches MLS
• 2010-10-29 Sold (MLS) $53,000 Beaches MLS
• 2010-10-22 Listing Removed — Beaches MLS
• 2010-05-22 Listed $53,000 Beaches MLS
• 2008-12-16 Listed $71,900 Beaches MLS
• 2008-01-02 Listed $160,000 MCRTC
• 2007-08-15 Listed $139,000 MCRTC
• 2007-02-20 Listed $115,900 Beaches MLS
• 2007-01-10 Listed $269,000 MCRTC
• 2007-01-06 Listing Removed — MCRTC
• 2006-12-10 Listed $113,500 MCRTC
• 2006-10-06 Listed $170,000 MCRTC
• 2006-08-30 Listing Removed — MCRTC
• 2006-08-07 Listed $189,900 Beaches MLS
• 2006-02-20 Listed $186,900 MCRTC
• 2005-01-28 Price Changed $129,900 MCRTC
• 2005-01-28 Sold (MLS) $128,000 MCRTC
• 2004-12-28 Listed $128,000 MCRTC
• 2003-03-31 Sold (MLS) $92,000 MCRTC
• 2003-03-28 Sold (MLS) $92,000 MCRTC
• 2003-01-28 Listed $95,000 MCRTC
• 2003-01-28 Listed $95,000 MCRTC