13827 S Indian River Dr #40 · Jensen Beach, FL 34957

$164,999

1 bd · 1.0 ba · 624 sqft · Manufactured public records · 31 Days on market

Built 1971 1,682 sqft lot $255/mo HOA · 14% of rent

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Why this score? — see what drove the C- 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 +19.6/30.0
• ARV discount +7.5/15.0
• 1% rule +6.2/10.0
• DSCR +6.2/10.0
• Schools +3.7/10.0
• Livability +3.5/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

WELL MAINTAINED HOME W/LG FLORIDA ROOM AND NICE SCREEN ROOM.COMMUNITY FISHING PIER. CLUBHOUSE AND BOAT/RV STORAGE. NEAR PUBLIC BOAT RAMP. 10 MINS TO THE OCEAN. PARTIALLY FURNISHED. STORAGE SHED.ALL SIZES PPROX. SOLD AS IS

Key facts

• 1,682 sq ft lot
• Parking
• Built 1971

Property features AI

Finance

• Other: Located just north of downtown Jensen Beach on Indian River Drive
• Financial info: Pets allowed (with number limit); Located in a senior community
• HOA & community: Has association with monthly fee; Association amenities include fitness center and golf course; Association fee paid monthly (amount listed)

Exterior

• Parking: One parking space total
• Utilities: Public water; Public sewer; Cable available; Electricity available; Natural gas available
• Home design: Manufactured home; One-story; Entry at level 1; Faces south
• Construction: Other construction materials; Roof over; Slab foundation; Resale condition
• Exterior features: Oversized lot; Paved road frontage; Not waterfront; Driveway, guest and on-street parking; golf cart parking available; Open parking

Interior

• Kitchen: Electric range; Refrigerator
• Bedrooms: One bedroom on the main level
• Flooring: Wood flooring
• Bathrooms: One full bathroom
• Heating & cooling: Has heating (other); Central air; Ceiling fan(s)
• Interior features: Furnished; Blinds and drapes on windows
• Laundry & utility: In-unit laundry

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath manufactured listed at $165k.

Deal economics

• At list price, monthly cash flow is $190 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $165k).
• Recommended offer: $160k (3.0% below list) — sets the bar for market timing.
• Cap rate 7.7% vs local median 4.1% in Jensen Beach — 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 70/100 on livability (#432 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+, cost of living B+; Watch: amenities F, commute F, health & safety D-.
• 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.
• Zoned schools: Manatee Academy K-8 (math 53% / reading 51%, grade C-, #990 of 2,144 statewide, top 48%, 1,664 students, 65% FRL); Southern Oaks Middle School (math 39% / reading 43%, grade F, #353 of 571 statewide, top 63%, 894 students, 76% FRL); Fort Pierce Central High School (math 15% / reading 45%, grade F, #441 of 667 statewide, top 67%, 3,091 students, 62% FRL).
• Market conditions: Rents rising (+1.0%/yr); 538 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 4,868 units permitted in St. Lucie County in 2024 (268 in 5+ unit buildings).
• This rent runs 32% of the median local income ($70k/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 $1k of loan paydown is wiped out by about $5k 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 31 days — a 3% lower offer ($160k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 16y 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 $40k; list at $165k implies a 318% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $160,049 (3.0% below list)

Questions for the listing agent

1. It's been on market 31 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1971 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are B-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?
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: 1.12% ✓
• Cap rate: 7.67%
• Cash-on-cash: 4.93%
• DSCR: 1.22
• GRM: 7.4

CMA / ARV

• ARV (on-the-fly): $31,200
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
19 Pleasant View Unit 19 Dr	0.71mi	1/1.0	700 (+12%)	19mo	$35,000	$50	31

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 · 1.0% rent growth · sell at horizon

5-year hold

• IRR: -11.1%
• Equity multiple: 0.61×
• Total profit: $-18,189
• Equity at exit: $24,602

10-year hold

• IRR: -5.2%
• Equity multiple: 0.69×
• Total profit: $-14,213
• Equity at exit: $14,266

Cash invested: $46,200 (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 34957

• Rents YoY: 1.0%
• Active inventory: 538
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $1,849 medium
• Mortgage (P&I): −$865
• Tax from tax record: −$82 /mo · $980/yr
• Insurance: −$69
• HOA: −$255
• Vacancy / Maint / Mgmt: −$388
• Net cashflow: $190

Break-even live

Break-even rent $1,609

Max offer price $164,999

Occupancy floor 85%

Sensitivity live

Price	-10% $283	-5% $236	+0% $190	+5% $143	+10% $96
Rent	-10% $44	-5% $117	+0% $190	+5% $263	+10% $336
Rate	-1.0pp $273	-0.5pp $232	base $190	+0.5pp $147	+1.0pp $104

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: $41,250
• Closing costs: $4,950
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
13825 S Indian River Dr Unit 13807 Jensen Beach, FL	1.0	1.0	500	$1,450	$2.90	16d	1	0.12mi
4220 NE Indian River Dr #5 Jensen Beach, FL	1.0	1.0	560	$1,800	$3.21	25d	1	0.77mi
1192 Nettles Blvd Jensen Beach, FL	2.0	1.0	489	$1,750	$3.58	25d	1	1.44mi
1161 Nettles Blvd Unit 1546132P Jensen Beach, FL	2.0	2.0	710	$4,838	$6.81	16d	1	1.48mi

HOA detail

• Monthly dues: $255 · $3,060/yr

Listing history 23 events

1. 2026-06-21
   days on market $164,999 Active 31 DOM
2. 2026-06-18
   days on market $164,999 Active 28 DOM
3. 2026-06-18
   price $164,999 Active 27 DOM
4. 2026-06-17
   days on market $170,000 Active 27 DOM
5. 2026-06-16
   days on market $170,000 Active 26 DOM
6. 2026-06-15
   days on market $170,000 Active 25 DOM
7. 2026-06-14
   days on market $170,000 Active 23 DOM
8. 2026-06-13
   days on market $170,000 Active 22 DOM
9. 2026-06-10
   days on market $170,000 Active 20 DOM
10. 2026-06-09
    days on market $170,000 Active 19 DOM
11. 2026-06-08
    days on market $170,000 Active 18 DOM
12. 2026-06-07
    days on market $170,000 Active 17 DOM
13. 2026-06-05
    days on market $170,000 Active 14 DOM
14. 2026-06-03
    days on market $170,000 Active 13 DOM
15. 2026-06-02
    days on market $170,000 Active 12 DOM
16. 2026-06-01
    days on market $170,000 Active 11 DOM
17. 2026-05-31
    days on market $170,000 Active 10 DOM
18. 2026-05-30
    days on market $170,000 Active 9 DOM
19. 2026-05-21
    listed $170,000 Active
20. 2010-02-12
    soldstatus $39,500 221-char remark

    Show marketing remark (221 chars)

    WELL MAINTAINED HOME W/LG FLORIDA ROOM AND NICE SCREEN ROOM.COMMUNITY FISHING PIER. CLUBHOUSE AND BOAT/RV STORAGE. NEAR PUBLIC BOAT RAMP. 10 MINS TO THE OCEAN. PARTIALLY FURNISHED. STORAGE SHED.ALL SIZES PPROX. SOLD AS IS

21. 2010-01-21
    historical 221-char remark

    Show marketing remark (221 chars)

    WELL MAINTAINED HOME W/LG FLORIDA ROOM AND NICE SCREEN ROOM.COMMUNITY FISHING PIER. CLUBHOUSE AND BOAT/RV STORAGE. NEAR PUBLIC BOAT RAMP. 10 MINS TO THE OCEAN. PARTIALLY FURNISHED. STORAGE SHED.ALL SIZES PPROX. SOLD AS IS

22. 2010-01-04
    listed $45,000 221-char remark

    Show marketing remark (221 chars)

    WELL MAINTAINED HOME W/LG FLORIDA ROOM AND NICE SCREEN ROOM.COMMUNITY FISHING PIER. CLUBHOUSE AND BOAT/RV STORAGE. NEAR PUBLIC BOAT RAMP. 10 MINS TO THE OCEAN. PARTIALLY FURNISHED. STORAGE SHED.ALL SIZES PPROX. SOLD AS IS

23. 1976-01-01
    soldstatus $15,500

ⓘ 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: $980 · $82/mo
• Projected year-2 tax: $1,369 · $114/mo
• Expected delta: +$389/yr (+$32/mo · 39.7%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone X (unshaded) · 59% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥106°F today · 21 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 · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,185
• − Mortgage interest: −$9,243
• − Property taxes: −$980
• − Insurance: −$825
• − Repairs & maintenance: −$1,775
• − Management: −$1,775
• − HOA: −$3,060
• − Depreciation: −$4,800
• Taxable loss: −$272
• Est. tax savings @ 24.0%: +$65
• After-tax cash flow: $2,343/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 — Jensen Beach

• Score: 70/100
• State rank: #432
• US rank: #7719

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Martin County · 165,223 people
• City population: 23,462
• Metro: Port St. Lucie, FL
• Population (ZIP): 23,462
• Household income: $70,403
• Rent vs Own: 23.8% rent · 76.2% own
• Severe rent burden: 946.0

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: Predominantly White (85%)
• Race & ethnicity: White 85% Hispanic / Latino 7% Two or more races 6% Asian 2% Black 2%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2% Cuban 1%
• Common ancestry: Romanian 4% Slovak 3% Lithuanian 3%
• Foreign-born: 10% · Canada, Jamaica
• Languages at home: 90% English-only · Spanish 5% Other Indo-European 2% Tagalog/Filipino 1%

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: ▼ -319.66%
• Current HPI: 340.0172
• Rent YoY: ▲ 1.00%
• 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

+996.8% since first listed

5 events — show timeline

• 2026-05-21 Listed $170,000 Beaches MLS
• 2010-02-12 Sold (MLS) $39,500 Beaches MLS
• 2010-01-21 Listing Removed — Beaches MLS
• 2010-01-04 Listed $45,000 Beaches MLS
• 1976-01-01 Sold (Public Records) $15,500 Public Records

Property tax history

+4.0%/yr

Latest (2025): $980 · +0.7% YoY. Source: county tax records.