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5419 SE Horseshoe Point Rd 🏷️ Likely Rental
D Composite 44.64
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).

  • Cash flow +15.0/30.0
  • ARV discount +7.5/15.0
  • DSCR +4.6/10.0
  • Schools +4.5/10.0
  • 1% rule +3.9/10.0
  • Livability +3.5/5.0
  • Rent growth +3.2/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$325,000

5419 SE Horseshoe Point Rd · Port Salerno, FL 34997
3 bd · 2.0 ba · 1,917 sqft · SingleFamily public records · 34 Days on market
Built 1979 0.58 ac lot $170/sqft · 57% below area

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

A MUST SEE HOME IN EXCELLENT CONDITION. 3BR PLUS CONVERTED 14X21 DEN. OVER SIZED 3+ CAR SEPARATE GARAGE. NEW AIR HANDLER '99, CONDENSOR '96, NEW TILE & CARPET'90, NEW GARAGE, PLENTY OF BOAT & RV PARKING. THE LIST OF EXTRAS WITH THIS HOME GOES ON AND ON. IN ADDITION TO A GREAT HOME WITH 3BR AND AN OVERSIZED DEN YOU ALSO HAVE THE BENEFIT OF A 3+ CAR SEPARATE GARAGE WITH A LARGE WORKSHOP. ALSO PLENTY OF ROOM FOR RV PARKING AND BOAT PARKING. THE HOME ISIN EXCEPTIONAL CONDITION AND OFFERS THE OWNERS THE FOLLOWING BENEFITS: NEWER A.C. ('99 NEW HANDLER, '96 NEW COM- PRESSOR), NEW ROOF, NEW GARAGE '96, NEW FRONT LAWN SOD 2000, FRESHLY PAINT- ED, REBUILT SPRINKLER SYSTEM WITH 12 ZONES 2000, FENCED REARYARD, COMPLETE HURRICANE SHUTTERS FOR ALL WINDOWS, TRACK LIG... (see supplement for full rem A MUST SEE HOME IN EXCELLENT CONDITION. 3BR PLUS CONVERTED 14X21 DEN. OVER SIZED 3+ CAR SEPARATE GARAGE. NEW AIR HANDLER '99, CONDENSOR '96, NEW TILE & CARPET'90, NEW GARAGE, PLENTY OF BOAT & RV PARKING.THE LIST OF EXTRAS WITH THIS HOME GOES ON AND ON. IN ADDITION TO A GREAT HOME WITH 3BR AND AN OVERSIZED DEN YOU ALSO HAVE THE BENEFIT OF A 3+ CAR SEPARATE GARAGE WITH A LARGE WORKSHOP. ALSO PLENTY OF ROOM FOR RV PARKING AND BOAT PARKING. THE HOME ISIN EXCEPTIONAL CONDITION AND OFFERS THE OWNERS THE FOLLOWING BENEFITS: NEWER A.C. ('99 NEW HANDLER, '96 NEW COM- PRESSOR), NEW ROOF, NEW GARAGE '96, NEW FRONT LAWN SOD 2000, FRESHLY PAINT- ED, REBUILT SPRINKLER SYSTEM WITH 12 ZONES 2000, FENCED REARYARD, COMPLETE HURRICANE SHUTTERS FOR ALL WINDOWS, TRACK LIGHTING, TILE FLOORS AND NEW CARPET. GARAGE FEATURES:A/C WALL UNIT,SEPARATE ELECTRIC SERVICE 200 AMP SERVICE, 3 CAR GARAGE AND WORKSHOP, BUILT IN WORK BENCHES AND CABINETS. OTHER: IF AVAILABLE, THE PURCHASERS MAY HAVE THE OPPORTUNITY OF JOINING A PRIVATE BOAT CLUB WITH BOAT RAMP. MEMBERSHIP, IF AVAILABLE IS ONLY $110 PER YEAR (APPROX) AND A $150 APPLICATION FEE.

Key facts

  • Quarter acre lot
  • Non hoa community
  • Boat ramp access

Tags

NON HOA COMMUNITYQUARTER ACRE LOTBOAT RAMP ACCESSPUBLIC PARKSSCENIC WALKING TRAILSSANDSPRIT PARK BOAT RAMP

Property features AI

Finance

  • Other: Pets allowed with no restrictions

Exterior

  • Parking: Detached garage; 2 covered/garage parking spaces (2 total)
  • Utilities: Public water; Public sewer; Electricity available; Water available; Sewer available
  • Home design: Single-family residence; One story; Resale condition; Faces southeast
  • Construction: Block construction; Other roof type
  • Exterior features: Back yard with fencing; Fenced yard; Asphalt road access; Oversized lot; Not waterfront

Interior

  • Bedrooms: No main-level bedrooms
  • Flooring: Concrete flooring
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating; Central air conditioning
  • Interior features: Unfurnished; No notable interior features listed

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…
🏷️ Possibly a rental listed for sale. The $325,000 price doesn't fit this home's estimated sale value (~$654,938) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $325k.

Deal economics

  • At list price, monthly cash flow is $100 ($1k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $289k (11.2% below list).
  • Recommended offer: $289k (11.2% below list) — sets the bar for 1% rule.
  • Cap rate 6.7% vs local median 3.1% in Port Salerno — 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 (#440 in FL) — a middle-class / working-renter tenant base. Strengths: housing A+, crime A, health & safety A; Watch: amenities F, commute 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: Murray Middle School (math 45% / reading 43%, grade D, #327 of 571 statewide, top 57%, 616 students, 69% 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 60% FRL vs 41% district-wide (19 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: Rents rising (+2.7%/yr); 588 active listings in the ZIP; 18 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; 737 units permitted in Martin County in 2024 (167 in 5+ unit buildings).
  • This rent runs 44% of the median local income ($78k/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.
  • 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 34 days — a 3% lower offer ($315k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 26y ago; this cycle's ask has dropped $25k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • 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 $288,522 (11.2% below list)

Questions for the listing agent

  1. It's been on market 34 days. Have you received any prior offers? Is the seller open to a 11% concession, seller financing, or rate buy-down credit?
  2. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  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
0.89%
Cap rate
6.66%
Cash-on-cash
1.32%
DSCR
1.06
GRM
9.4

CMA / ARV

ARV (median comp)
$654,938
List price
$325,000
Delta
-50.38%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
5145 SE Matousek St 0.21mi 3/2.0 1,799 (-6%) 3mo $600,000 $334 77
4379 SE Tall Pines Ave 0.08mi 4/3.0 (+1) 1,770 (-8%) 1mo $600,000 $339 74
5273 SE Tall Pines Way 0.12mi 3/3.0 2,150 (+12%) 1mo $720,000 $335 70
4095 SE Bay Ave 0.44mi 3/2.5 2,020 (+5%) 1mo $1,100,000 $545 67
5100 SE Hanson Cir 0.54mi 3/2.0 1,786 (-7%) 2mo $550,000 $308 62
4882 SE Bayshore Ter 0.54mi 3/2.0 1,805 (-6%) 5mo $415,000 $230 61
5352 SE Nassau Ter 0.27mi 4/3.5 (+1) 2,115 (+10%) 2mo $790,000 $374 57
5374 SE Running Oak Cir 0.59mi 3/2.0 2,059 (+7%) 6mo $645,000 $313 56
5065 SE Orange St SE 0.32mi 4/3.0 (+1) 1,669 (-13%) 4mo $532,000 $319 51
4709 SE Bayshore Ter 0.62mi 3/2.0 1,701 (-11%) 2mo $647,000 $380 51
4665 SE Manatee Ter 0.62mi 2/2.0 (-1) 1,702 (-11%) 5mo $460,000 $270 43
3741 SE Bowsprit Ct 0.62mi 4/3.0 (+1) 2,192 (+14%) 2mo $765,000 $349 36

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 · 2.71% rent growth · sell at horizon

5-year hold
IRR
-14.5%
Equity multiple
0.48×
Total profit
$-47,120
Equity at exit
$48,459
10-year hold
IRR
-6.3%
Equity multiple
0.60×
Total profit
$-36,229
Equity at exit
$28,100

Cash invested: $91,000 (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.

ZIP-level market 34997

Rents YoY
2.7%
Active inventory
588
Price-to-rent
9.4×

Monthly cashflow live

Estimated rent
$2,885 high interval (Pro) →
Mortgage (P&I)
$1,704
Tax from tax record
$339 /mo · $4,073/yr
Insurance
$135
HOA
$0
Vacancy / Maint / Mgmt
$606
Net cashflow
$100

Break-even live

Break-even rent $2,758
Max offer price $325,000
Occupancy floor 92%

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
$81,250
Closing costs
$9,750
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 18 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
4621 SE Shady Ridge Ln Stuart, FL 2.0 1.0 1660 $2,100 $1.27 14d 1 0.20mi
5674 SE Riverboat Dr #131 Stuart, FL 2.0 2.5 1288 $2,600 $2.02 23d 1 0.51mi
5674 SE Riverboat Dr #131 Stuart, FL 2.0 2.5 1288 $2,400 $1.86 21d 1 0.51mi
6003 SE Riverboat Dr #802 Stuart, FL 2.0 2.5 1288 $2,200 $1.71 23d 1 0.59mi
4710 SE Glenridge Trl Stuart, FL 3.0 2.0 1442 $3,300 $2.29 14d 1 0.60mi
5280 SE Seascape Way #101 Stuart, FL 3.0 3.0 1561 $2,500 $1.60 14d 1 0.64mi
6102 SE Landing Way #13 Stuart, FL 3.0 2.0 1590 $2,000 $1.26 23d 1 0.68mi
6142 SE Landing Way #16 Stuart, FL 2.0 2.0 1590 $3,750 $2.36 23d 1 0.71mi
4885 SE Capstan Ave #27 Stuart, FL 2.0 2.0 1273 $2,500 $1.96 23d 1 0.73mi
4650 SE Manatee Way Stuart, FL 3.0 2.5 1764 $5,900 $3.34 23d 1 0.75mi
5300 SE Schooner Oaks Way Stuart, FL 3.0 2.0 1600 $3,700 $2.31 23d 1 0.75mi
6146 SE Riverboat Dr #918 Stuart, FL 2.0 2.5 1288 $1,950 $1.51 23d 1 0.78mi
5359 SE Dell St Stuart, FL 3.0 2.0 1272 $2,800 $2.20 23d 1 1.12mi
4189 SE Saint Lucie Blvd Stuart, FL 2.0 2.5 1760 $5,500 $3.12 23d 1 1.13mi
5795 SE Mitzi Ln Stuart, FL 3.0 2.0 1315 $3,000 $2.28 23d 1 1.20mi
3901 SE Saint Lucie Blvd Stuart, FL 2.0 2.0–2.5 1407 $3,875 $2.75 23d 4 1.20mi
3901 SE Saint Lucie Blvd Unit D29 Stuart, FL 2.0 2.0 1460 $3,000 $2.05 23d 1 1.21mi
5636 SE Foxcross Pl Stuart, FL 2.0 2.0 1598 $9,000 $5.63 14d 1 1.27mi

Listing history 23 events

  1. 2026-06-18
    days on market $325,000 Active 34 DOM
  2. 2026-06-17
    days on market $325,000 Active 33 DOM
  3. 2026-06-16
    days on market $325,000 Active 32 DOM
  4. 2026-06-15
    days on market $325,000 Active 31 DOM
  5. 2026-06-14
    days on market $325,000 Active 29 DOM
  6. 2026-06-13
    pricedays on market $325,000 Active 28 DOM
  7. 2026-06-10
    days on market $335,000 Active 26 DOM
  8. 2026-06-09
    days on market $335,000 Active 25 DOM
  9. 2026-06-08
    days on market $335,000 Active 24 DOM
  10. 2026-06-07
    days on market $335,000 Active 23 DOM
  11. 2026-06-03
    days on market $335,000 Active 19 DOM
  12. 2026-06-02
    days on market $335,000 Active 18 DOM
  13. 2026-06-01
    days on market $335,000 Active 17 DOM
  14. 2026-05-31
    days on market $335,000 Active 16 DOM
  15. 2026-05-31
    days on market $335,000 Active 15 DOM
  16. 2026-05-15
    listed $350,000 Active 613-char remark
  17. 2022-04-18
    soldstatus $485,000
  18. 2001-02-13
    soldstatus $146,900
  19. 2001-02-09
    soldstatus $146,900 1934-char remark
    Show marketing remark (1934 chars)

    A MUST SEE HOME IN EXCELLENT CONDITION. 3BR PLUS CONVERTED 14X21 DEN. OVER SIZED 3+ CAR SEPARATE GARAGE. NEW AIR HANDLER '99, CONDENSOR '96, NEW TILE & CARPET'90, NEW GARAGE, PLENTY OF BOAT & RV PARKING. THE LIST OF EXTRAS WITH THIS HOME GOES ON AND ON. IN ADDITION TO A GREAT HOME WITH 3BR AND AN OVERSIZED DEN YOU ALSO HAVE THE BENEFIT OF A 3+ CAR SEPARATE GARAGE WITH A LARGE WORKSHOP. ALSO PLENTY OF ROOM FOR RV PARKING AND BOAT PARKING. THE HOME ISIN EXCEPTIONAL CONDITION AND OFFERS THE OWNERS THE FOLLOWING BENEFITS: NEWER A.C. ('99 NEW HANDLER, '96 NEW COM- PRESSOR), NEW ROOF, NEW GARAGE '96, NEW FRONT LAWN SOD 2000, FRESHLY PAINT- ED, REBUILT SPRINKLER SYSTEM WITH 12 ZONES 2000, FENCED REARYARD, COMPLETE HURRICANE SHUTTERS FOR ALL WINDOWS, TRACK LIG... (see supplement for full rem A MUST SEE HOME IN EXCELLENT CONDITION. 3BR PLUS CONVERTED 14X21 DEN. OVER SIZED 3+ CAR SEPARATE GARAGE. NEW AIR HANDLER '99, CONDENSOR '96, NEW TILE & CARPET'90, NEW GARAGE, PLENTY OF BOAT & RV PARKING.THE LIST OF EXTRAS WITH THIS HOME GOES ON AND ON. IN ADDITION TO A GREAT HOME WITH 3BR AND AN OVERSIZED DEN YOU ALSO HAVE THE BENEFIT OF A 3+ CAR SEPARATE GARAGE WITH A LARGE WORKSHOP. ALSO PLENTY OF ROOM FOR RV PARKING AND BOAT PARKING. THE HOME ISIN EXCEPTIONAL CONDITION AND OFFERS THE OWNERS THE FOLLOWING BENEFITS: NEWER A.C. ('99 NEW HANDLER, '96 NEW COM- PRESSOR), NEW ROOF, NEW GARAGE '96, NEW FRONT LAWN SOD 2000, FRESHLY PAINT- ED, REBUILT SPRINKLER SYSTEM WITH 12 ZONES 2000, FENCED REARYARD, COMPLETE HURRICANE SHUTTERS FOR ALL WINDOWS, TRACK LIGHTING, TILE FLOORS AND NEW CARPET. GARAGE FEATURES:A/C WALL UNIT,SEPARATE ELECTRIC SERVICE 200 AMP SERVICE, 3 CAR GARAGE AND WORKSHOP, BUILT IN WORK BENCHES AND CABINETS. OTHER: IF AVAILABLE, THE PURCHASERS MAY HAVE THE OPPORTUNITY OF JOINING A PRIVATE BOAT CLUB WITH BOAT RAMP. MEMBERSHIP, IF AVAILABLE IS ONLY $110 PER YEAR (APPROX) AND A $150 APPLICATION FEE.

  20. 2000-11-29
    historical 1934-char remark
    Show marketing remark (1934 chars)

    A MUST SEE HOME IN EXCELLENT CONDITION. 3BR PLUS CONVERTED 14X21 DEN. OVER SIZED 3+ CAR SEPARATE GARAGE. NEW AIR HANDLER '99, CONDENSOR '96, NEW TILE & CARPET'90, NEW GARAGE, PLENTY OF BOAT & RV PARKING. THE LIST OF EXTRAS WITH THIS HOME GOES ON AND ON. IN ADDITION TO A GREAT HOME WITH 3BR AND AN OVERSIZED DEN YOU ALSO HAVE THE BENEFIT OF A 3+ CAR SEPARATE GARAGE WITH A LARGE WORKSHOP. ALSO PLENTY OF ROOM FOR RV PARKING AND BOAT PARKING. THE HOME ISIN EXCEPTIONAL CONDITION AND OFFERS THE OWNERS THE FOLLOWING BENEFITS: NEWER A.C. ('99 NEW HANDLER, '96 NEW COM- PRESSOR), NEW ROOF, NEW GARAGE '96, NEW FRONT LAWN SOD 2000, FRESHLY PAINT- ED, REBUILT SPRINKLER SYSTEM WITH 12 ZONES 2000, FENCED REARYARD, COMPLETE HURRICANE SHUTTERS FOR ALL WINDOWS, TRACK LIG... (see supplement for full rem A MUST SEE HOME IN EXCELLENT CONDITION. 3BR PLUS CONVERTED 14X21 DEN. OVER SIZED 3+ CAR SEPARATE GARAGE. NEW AIR HANDLER '99, CONDENSOR '96, NEW TILE & CARPET'90, NEW GARAGE, PLENTY OF BOAT & RV PARKING.THE LIST OF EXTRAS WITH THIS HOME GOES ON AND ON. IN ADDITION TO A GREAT HOME WITH 3BR AND AN OVERSIZED DEN YOU ALSO HAVE THE BENEFIT OF A 3+ CAR SEPARATE GARAGE WITH A LARGE WORKSHOP. ALSO PLENTY OF ROOM FOR RV PARKING AND BOAT PARKING. THE HOME ISIN EXCEPTIONAL CONDITION AND OFFERS THE OWNERS THE FOLLOWING BENEFITS: NEWER A.C. ('99 NEW HANDLER, '96 NEW COM- PRESSOR), NEW ROOF, NEW GARAGE '96, NEW FRONT LAWN SOD 2000, FRESHLY PAINT- ED, REBUILT SPRINKLER SYSTEM WITH 12 ZONES 2000, FENCED REARYARD, COMPLETE HURRICANE SHUTTERS FOR ALL WINDOWS, TRACK LIGHTING, TILE FLOORS AND NEW CARPET. GARAGE FEATURES:A/C WALL UNIT,SEPARATE ELECTRIC SERVICE 200 AMP SERVICE, 3 CAR GARAGE AND WORKSHOP, BUILT IN WORK BENCHES AND CABINETS. OTHER: IF AVAILABLE, THE PURCHASERS MAY HAVE THE OPPORTUNITY OF JOINING A PRIVATE BOAT CLUB WITH BOAT RAMP. MEMBERSHIP, IF AVAILABLE IS ONLY $110 PER YEAR (APPROX) AND A $150 APPLICATION FEE.

  21. 2000-09-26
    listed $159,500 1934-char remark
    Show marketing remark (1934 chars)

    A MUST SEE HOME IN EXCELLENT CONDITION. 3BR PLUS CONVERTED 14X21 DEN. OVER SIZED 3+ CAR SEPARATE GARAGE. NEW AIR HANDLER '99, CONDENSOR '96, NEW TILE & CARPET'90, NEW GARAGE, PLENTY OF BOAT & RV PARKING. THE LIST OF EXTRAS WITH THIS HOME GOES ON AND ON. IN ADDITION TO A GREAT HOME WITH 3BR AND AN OVERSIZED DEN YOU ALSO HAVE THE BENEFIT OF A 3+ CAR SEPARATE GARAGE WITH A LARGE WORKSHOP. ALSO PLENTY OF ROOM FOR RV PARKING AND BOAT PARKING. THE HOME ISIN EXCEPTIONAL CONDITION AND OFFERS THE OWNERS THE FOLLOWING BENEFITS: NEWER A.C. ('99 NEW HANDLER, '96 NEW COM- PRESSOR), NEW ROOF, NEW GARAGE '96, NEW FRONT LAWN SOD 2000, FRESHLY PAINT- ED, REBUILT SPRINKLER SYSTEM WITH 12 ZONES 2000, FENCED REARYARD, COMPLETE HURRICANE SHUTTERS FOR ALL WINDOWS, TRACK LIG... (see supplement for full rem A MUST SEE HOME IN EXCELLENT CONDITION. 3BR PLUS CONVERTED 14X21 DEN. OVER SIZED 3+ CAR SEPARATE GARAGE. NEW AIR HANDLER '99, CONDENSOR '96, NEW TILE & CARPET'90, NEW GARAGE, PLENTY OF BOAT & RV PARKING.THE LIST OF EXTRAS WITH THIS HOME GOES ON AND ON. IN ADDITION TO A GREAT HOME WITH 3BR AND AN OVERSIZED DEN YOU ALSO HAVE THE BENEFIT OF A 3+ CAR SEPARATE GARAGE WITH A LARGE WORKSHOP. ALSO PLENTY OF ROOM FOR RV PARKING AND BOAT PARKING. THE HOME ISIN EXCEPTIONAL CONDITION AND OFFERS THE OWNERS THE FOLLOWING BENEFITS: NEWER A.C. ('99 NEW HANDLER, '96 NEW COM- PRESSOR), NEW ROOF, NEW GARAGE '96, NEW FRONT LAWN SOD 2000, FRESHLY PAINT- ED, REBUILT SPRINKLER SYSTEM WITH 12 ZONES 2000, FENCED REARYARD, COMPLETE HURRICANE SHUTTERS FOR ALL WINDOWS, TRACK LIGHTING, TILE FLOORS AND NEW CARPET. GARAGE FEATURES:A/C WALL UNIT,SEPARATE ELECTRIC SERVICE 200 AMP SERVICE, 3 CAR GARAGE AND WORKSHOP, BUILT IN WORK BENCHES AND CABINETS. OTHER: IF AVAILABLE, THE PURCHASERS MAY HAVE THE OPPORTUNITY OF JOINING A PRIVATE BOAT CLUB WITH BOAT RAMP. MEMBERSHIP, IF AVAILABLE IS ONLY $110 PER YEAR (APPROX) AND A $150 APPLICATION FEE.

  22. 2000-09-26
    listed $159,500
    Show marketing remark (1934 chars)

    A MUST SEE HOME IN EXCELLENT CONDITION. 3BR PLUS CONVERTED 14X21 DEN. OVER SIZED 3+ CAR SEPARATE GARAGE. NEW AIR HANDLER '99, CONDENSOR '96, NEW TILE & CARPET'90, NEW GARAGE, PLENTY OF BOAT & RV PARKING. THE LIST OF EXTRAS WITH THIS HOME GOES ON AND ON. IN ADDITION TO A GREAT HOME WITH 3BR AND AN OVERSIZED DEN YOU ALSO HAVE THE BENEFIT OF A 3+ CAR SEPARATE GARAGE WITH A LARGE WORKSHOP. ALSO PLENTY OF ROOM FOR RV PARKING AND BOAT PARKING. THE HOME ISIN EXCEPTIONAL CONDITION AND OFFERS THE OWNERS THE FOLLOWING BENEFITS: NEWER A.C. ('99 NEW HANDLER, '96 NEW COM- PRESSOR), NEW ROOF, NEW GARAGE '96, NEW FRONT LAWN SOD 2000, FRESHLY PAINT- ED, REBUILT SPRINKLER SYSTEM WITH 12 ZONES 2000, FENCED REARYARD, COMPLETE HURRICANE SHUTTERS FOR ALL WINDOWS, TRACK LIG... (see supplement for full rem A MUST SEE HOME IN EXCELLENT CONDITION. 3BR PLUS CONVERTED 14X21 DEN. OVER SIZED 3+ CAR SEPARATE GARAGE. NEW AIR HANDLER '99, CONDENSOR '96, NEW TILE & CARPET'90, NEW GARAGE, PLENTY OF BOAT & RV PARKING.THE LIST OF EXTRAS WITH THIS HOME GOES ON AND ON. IN ADDITION TO A GREAT HOME WITH 3BR AND AN OVERSIZED DEN YOU ALSO HAVE THE BENEFIT OF A 3+ CAR SEPARATE GARAGE WITH A LARGE WORKSHOP. ALSO PLENTY OF ROOM FOR RV PARKING AND BOAT PARKING. THE HOME ISIN EXCEPTIONAL CONDITION AND OFFERS THE OWNERS THE FOLLOWING BENEFITS: NEWER A.C. ('99 NEW HANDLER, '96 NEW COM- PRESSOR), NEW ROOF, NEW GARAGE '96, NEW FRONT LAWN SOD 2000, FRESHLY PAINT- ED, REBUILT SPRINKLER SYSTEM WITH 12 ZONES 2000, FENCED REARYARD, COMPLETE HURRICANE SHUTTERS FOR ALL WINDOWS, TRACK LIGHTING, TILE FLOORS AND NEW CARPET. GARAGE FEATURES:A/C WALL UNIT,SEPARATE ELECTRIC SERVICE 200 AMP SERVICE, 3 CAR GARAGE AND WORKSHOP, BUILT IN WORK BENCHES AND CABINETS. OTHER: IF AVAILABLE, THE PURCHASERS MAY HAVE THE OPPORTUNITY OF JOINING A PRIVATE BOAT CLUB WITH BOAT RAMP. MEMBERSHIP, IF AVAILABLE IS ONLY $110 PER YEAR (APPROX) AND A $150 APPLICATION FEE.

  23. 1979-06-01
    soldstatus $57,800

ⓘ 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
$4,073 · $339/mo
Projected year-2 tax
$4,073 · $339/mo
Expected delta
$0/yr ($0/mo · 0.0%)

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

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 2 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$34,623
− Mortgage interest
−$18,205
− Property taxes
−$4,073
− Insurance
−$1,625
− Repairs & maintenance
−$2,770
− Management
−$2,770
− Depreciation
−$9,455
Taxable loss
−$4,274
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,026
After-tax cash flow
$2,228/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
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 — Port Salerno

Score
70/100
State rank
#440
US rank
#7873

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Port Salerno, FL
County
Martin County · 165,223 people
Metro
Port St. Lucie, FL
Population (ZIP)
47,075
Household income
$78,136
Rent vs Own
19.1% rent · 80.9% own
Severe rent burden
1323.0

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
Predominantly White (74%)
Race & ethnicity
White 74% Hispanic / Latino 19% Two or more races 9% Black 3% Asian 1%
Hispanic origin (detail)
Mexican 4% Puerto Rican 2% Cuban 3%
Common ancestry
Romanian 3% Lithuanian 3% Slovak 2%
Foreign-born
14% · Canada, Jamaica, China
Languages at home
81% English-only · Spanish 14% French/Haitian/Cajun 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
▼ -319.78%
Current HPI
336.7717
Rent YoY
▲ 2.71%
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

Price history

+462.3% since first listed
10 events — show timeline
  • 2026-06-10 Price Changed $325,000 Beaches MLS
  • 2026-05-20 Price Changed $335,000 Beaches MLS
  • 2026-05-15 Listed $350,000 Beaches MLS
  • 2022-04-18 Sold (Public Records) $485,000 Public Records
  • 2001-02-13 Sold (Public Records) $146,900 Public Records
  • 2001-02-09 Sold (MLS) $146,900 Beaches MLS
  • 2000-11-29 Listing Removed Beaches MLS
  • 2000-09-26 Listed $159,500 MCRTC
  • 2000-09-26 Listed $159,500 Beaches MLS
  • 1979-06-01 Sold (Public Records) $57,800 Public Records

Property tax history

+4.2%/yr

Latest (2025): $4,073 · -39.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…