125 E Caribbean · Port St. Lucie, FL 34952

$42,500

2 bd · 2.0 ba · 1,512 sqft · Manufactured · 67 Days on market

Manufactured home 55+ age-restricted Built 1981 Good condition $28/sqft · 37% below area Est $68k · 37% under

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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 +22.5/30.0
• ARV discount +15.0/15.0
• 1% rule +7.5/10.0
• DSCR +7.5/10.0
• Schools +4.0/10.0
• Condition / age +3.8/5.0
• Rent growth +3.0/5.0
• Appreciation +2.5/10.0
• Livability +2.5/5.0
• Manufactured-home adj. -5.5

Listing remarks

Love to entertain? This charming home boasts a private back deck and spacious lawn, perfect for grilling and hosting gatherings. Nestled in a vibrant 55+ community that offers everything and more, this fully furnished, move-in ready 2-bedroom, 2-bath mobile home is designed for comfort and convenience. The kitchen comes complete with all appliances, and a washer and dryer are tucked away in a separate laundry room. Recent updates include new electrical and a hot water heater in 2023, as well as an A/C unit replaced in 2021. The guest bathroom features a brand-new shower, making this home an inviting and well-maintained retreat.

Key facts

• Private back deck
• Spacious lawn
• New electrical

Tags

• PRIVATE BACK DECK
• SPACIOUS LAWN
• FULLY FURNISHED
• ALL APPLIANCES
• SEPARATE LAUNDRY ROOM
• NEW ELECTRICAL

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $42k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $946 ($11k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $42k).
• Recommended offer: $40k (6.0% below list) — sets the bar for market timing.
• Cap rate 33.0% vs local median 4.0% in Port St. Lucie — 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: area grade C — affects rentability + tenant quality, not the cash-flow math above.
• 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 (+1.9%/yr); 790 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals lingering (median 63d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 4,868 units permitted in St. Lucie County in 2024 (268 in 5+ unit buildings).
• This rent runs 31% of the median local income ($62k/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 $294 of loan paydown is wiped out by about $1k 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.
• At projected returns (-3.0% appreciation + 1.9% rent growth), your $12k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 67 days — a 6% lower offer ($40k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $39,950 (6.0% below list)

Questions for the listing agent

1. It's been on market 67 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 3.69% ✓
• Cap rate: 33.01%
• Cash-on-cash: 95.43%
• DSCR: 5.25
• GRM: 2.3

CMA / ARV

• ARV (median comp): $67,561
• List price: $42,500
• Delta: -37.09%
• 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
109 East Caribbean	0.08mi	2/2.0	1,460 (-3%)	2mo	$30,000	$21	89
8519 Redbay Ct	0.40mi	2/2.0	1,548 (+2%)	2mo	$225,000	$145	76
41 Montilla Way	0.21mi	2/2.0	1,386 (-8%)	2mo	$79,900	$58	75
3155 Columbrina Cir	0.51mi	2/2.0	1,487 (-2%)	1mo	$175,400	$118	73
12 Orinco Rd	0.24mi	2/2.0	1,380 (-9%)	2mo	$64,999	$47	72
19 W Caribbean	0.35mi	2/2.0	1,350 (-11%)	0mo	$32,000	$24	65
8527 Marlberry Ct	0.42mi	2/2.0	1,355 (-10%)	2mo	$82,000	$61	62
2967 Fiddlewood Cir	0.66mi	2/2.0	1,560 (+3%)	3mo	$159,500	$102	62
11 Del Sol	0.55mi	2/2.0	1,350 (-11%)	1mo	$22,000	$16	56
3801 Honeysuckle Ct	0.45mi	2/2.0	1,727 (+14%)	1mo	$106,000	$61	54
8165 Buckthorn Cir	0.64mi	2/2.0	1,340 (-11%)	1mo	$119,500	$89	50
8167 Buckthorn Cir	0.65mi	2/2.0	1,331 (-12%)	2mo	$225,000	$169	48

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 · 1.92% rent growth · sell at horizon

5-year hold

• IRR: 95.1%
• Equity multiple: 5.35×
• Total profit: $51,720
• Equity at exit: $6,337

10-year hold

• IRR: 97.6%
• Equity multiple: 10.75×
• Total profit: $115,966
• Equity at exit: $3,675

Cash invested: $11,900 (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 →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 67 active · 26 under contract
• Months of supply: 11.2 mo (9%/mo absorbed)
• Median asking: $87,000 ($61/sqft)
• Median days on market: 128 d
• This list price: 16% of active listings are priced below it
• ARV vs active asking: -26.5% vs current asking $/sqft

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

ZIP-level market 34952

• Home prices YoY: -29.6%
• Rents YoY: 1.9%
• Active inventory: 790
• Price-to-rent: 2.3×

Monthly cashflow live

• Estimated rent: $1,570 high
• Mortgage (P&I): −$223
• Tax est. 1.5%: −$53 /mo · $638/yr
• Insurance: −$18
• HOA: −$0
• Lot rent leased land?: −$0
• Vacancy / Maint / Mgmt: −$330
• Net cashflow: $946

Break-even live

Break-even rent $372

Max offer price $42,500

Occupancy floor 35%

Sensitivity live

Price	-10% $976	-5% $961	+0% $946	+5% $932	+10% $917
Rent	-10% $822	-5% $884	+0% $946	+5% $1,008	+10% $1,070
Rate	-1.0pp $968	-0.5pp $957	base $946	+0.5pp $935	+1.0pp $924

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: $10,625
• Closing costs: $1,275
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 18 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
71 W Caribbean Port St. Lucie, FL	2.0	2.0	1417	$1,700	$1.20	72d	1	0.29mi
2082 SE Wild Meadow Cir Port Saint Lucie, FL	2.0	2.0	1524	$1,850	$1.21	72d	1	0.32mi
2058 SE Wild Meadow Cir #101 Port St Lucie, FL	2.0	2.5	1425	$2,200	$1.54	63d	1	0.33mi
2183 SE Wild Meadow Cir Port Saint Lucie, FL	2.0	2.0	1550	$1,900	$1.23	63d	1	0.35mi
2130 SE Wild Meadow Cir Port Saint Lucie, FL	2.0	2.0	1440	$1,695	$1.18	63d	1	0.37mi
1811 SE Walton Lakes Dr Port Saint Lucie, FL	2.0	1.0–2.0	1117	$1,926	$1.72	63d	6	0.39mi
2209 SE East Dunbrooke Cir Port Saint Lucie, FL	3.0	2.0	1212	$2,950	$2.43	63d	1	0.50mi
3784 Sapodilla Ct Port Saint Lucie, FL	2.0	2.0	1121	$2,300	$2.05	72d	1	0.52mi
1810 SE Pinewood Trl Port Saint Lucie, FL	1.0–2.0	1.0–2.0	1013	$2,055	$2.03	63d	7	0.70mi
1500 SE Tiffany Club Pl Port Saint Lucie, FL	1.0–3.0	1.0–2.0	895	$1,922	$2.15	63d	7	0.81mi
1900 Bella Vista Way Port Saint Lucie, FL	1.0–2.0	1.0–2.0	995	$1,764	$1.77	63d	15	1.02mi
1618 SE Elkhart Ter Port Saint Lucie, FL	3.0	2.0	1176	$2,200	$1.87	72d	1	1.30mi
2051 SE Hillmoor Dr Port Saint Lucie, FL	1.0–2.0	1.0–2.0	1014	$2,539	$2.50	72d	15	1.35mi
301 SE Castle Ct Port St. Lucie, FL	2.0	2.5	1688	$2,900	$1.72	72d	1	1.38mi
1900 SE Hillmoor Dr Port Saint Lucie, FL	2.0–3.0	2.0–2.5	1182	$1,799	$1.52	63d	14	1.41mi
2061 SE Glen Ridge Dr Port Saint Lucie, FL	2.0	2.5	1350	$1,925	$1.43	72d	1	1.44mi
1401 SE Appamattox Ter Port Saint Lucie, FL	3.0	2.0	1358	$2,500	$1.84	72d	1	1.47mi
9905 S US Highway 1 Port Saint Lucie, FL	1.0–2.0	1.0–2.0	966	$2,239	$2.32	63d	15	1.50mi

Property features AI

Finance

• Financial info: Monthly land lease of $977.55 (land lease present; expires 2026-06-30)
• HOA & community: Located in a senior communityPets allowed with no restrictions

Exterior

• Parking: Attached carport (1 covered space)
• Utilities: Public waterPublic sewerElectricity connectedCable connectedUnderground utilitiesWater and sewer available
• Home design: Mobile homeOne storyFaces northResale condition
• Construction: Metal sidingBuilt as a single-story structure
• Exterior features: Waterfront propertyShingle roof

Interior

• Kitchen: DishwasherElectric rangeMicrowaveRefrigeratorElectric water heater
• Bedrooms: 2 bedrooms on the main level
• Flooring: CarpetLinoleum
• Bathrooms: 2 full bathrooms (both on the main level)
• Heating & cooling: Central electric heatingCentral air conditioning
• Interior features: Walk-in closets
• Laundry & utility: Laundry room

Listing history 50 events

1. 2026-08-08
   days on market $42,500 Active 67 DOM
2. 2026-08-07
   days on market $42,500 Active 66 DOM
3. 2026-08-06
   days on market $42,500 Active 65 DOM
4. 2026-08-05
   days on market $42,500 Active 64 DOM
5. 2026-08-04
   days on market $42,500 Active 63 DOM
6. 2026-08-03
   days on market $42,500 Active 62 DOM
7. 2026-07-31
   days on market $42,500 Active 59 DOM
8. 2026-07-30
   days on market $42,500 Active 58 DOM
9. 2026-07-29
   days on market $42,500 Active 57 DOM
10. 2026-07-27
    days on market $42,500 Active 55 DOM
11. 2026-07-25
    days on market $42,500 Active 53 DOM
12. 2026-07-24
    days on market $42,500 Active 52 DOM
13. 2026-07-23
    days on market $42,500 Active 51 DOM
14. 2026-07-22
    days on market $42,500 Active 50 DOM
15. 2026-07-21
    days on market $42,500 Active 49 DOM
16. 2026-07-18
    days on market $42,500 Active 46 DOM
17. 2026-07-16
    days on market $42,500 Active 44 DOM
18. 2026-07-16
    days on market $42,500 Active 43 DOM
19. 2026-07-14
    days on market $42,500 Active 42 DOM
20. 2026-07-13
    days on market $42,500 Active 41 DOM
21. 2026-07-12
    days on market $42,500 Active 40 DOM
22. 2026-07-11
    days on market $42,500 Active 39 DOM
23. 2026-07-10
    days on market $42,500 Active 38 DOM
24. 2026-07-09
    days on market $42,500 Active 37 DOM
25. 2026-07-08
    days on market $42,500 Active 36 DOM
26. 2026-07-07
    days on market $42,500 Active 35 DOM
27. 2026-07-06
    days on market $42,500 Active 34 DOM
28. 2026-07-05
    days on market $42,500 Active 33 DOM
29. 2026-07-04
    days on market $42,500 Active 32 DOM
30. 2026-07-03
    days on market $42,500 Active 31 DOM
31. 2026-07-02
    days on market $42,500 Active 30 DOM
32. 2026-07-01
    days on market $42,500 Active 29 DOM
33. 2026-06-30
    days on market $42,500 Active 28 DOM
34. 2026-06-29
    days on market $42,500 Active 27 DOM
35. 2026-06-28
    days on market $42,500 Active 26 DOM
36. 2026-06-28
    days on market $42,500 Active 25 DOM
37. 2026-06-27
    days on market $42,500 Active 24 DOM
38. 2026-06-25
    days on market $42,500 Active 22 DOM
39. 2026-06-23
    days on market $42,500 Active 20 DOM
40. 2026-06-21
    days on market $42,500 Active 19 DOM
41. 2026-06-18
    days on market $42,500 Active 16 DOM
42. 2026-06-17
    days on market $42,500 Active 15 DOM
43. 2026-06-16
    days on market $42,500 Active 14 DOM
44. 2026-06-15
    days on market $42,500 Active 13 DOM
45. 2026-06-14
    days on market $42,500 Active 11 DOM
46. 2026-06-13
    days on market $42,500 Active 10 DOM
47. 2026-06-10
    days on market $42,500 Active 8 DOM
48. 2026-06-09
    days on market $42,500 Active 7 DOM
49. 2026-06-08
    days on market $42,500 Active 6 DOM
50. 2026-06-07
    days on market $42,500 Active 5 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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥106°F today · 22 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: $18,836
• − Mortgage interest: −$2,381
• − Property taxes: −$638
• − Insurance: −$212
• − Repairs & maintenance: −$1,507
• − Management: −$1,507
• − Depreciation: −$1,236
• Taxable income: $11,355
• Est. tax owed @ 24.0%: −$2,725
• After-tax cash flow: $8,631/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 · 12 photos

Good 75/100 Cosmetic rehab Est. rehab $7,560–$22,680 screening

This charming mobile home is move-in ready with recent updates and good condition. Potential buyers will appreciate the fresh paint, well-maintained landscaping, and energy-efficient appliances.

Value-add opportunities

• Both Painting exterior and interior walls — Fresh paint enhances curb appeal and interior aesthetics ↑
• Both Landscaping and lawn maintenance — Well-maintained landscaping and lawn improve curb appeal and attract potential buyers ↑
• Both Replace carpet with hardwood or tile flooring — Hardwood or tile flooring can increase both resale and rental value ↑
• Both Replace outdated appliances with energy-efficient models — Energy-efficient appliances can lower utility costs and appeal to buyers ↑
• Both Install smart home features — Smart home features can increase both resale and rental value by making the home more modern and convenient ↑

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 40/100

Zoned Schools

Elementary Village Green Environmental Studies School D- FL #1,247/2,144 Nat'l #15,746/41,679 Middle Southern Oaks Middle School F FL #353/571 Nat'l #5,727/14,009 High Port St. Lucie High School F FL #415/667 Nat'l #10,416/17,239

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 — Port St. Lucie

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: Port St. Lucie, FL
• County: Saint Lucie County · 338,016 people
• City population: 221,051
• Metro: Port St. Lucie, FL
• Population (ZIP): 42,655
• Household income: $61,628
• Rent vs Own: 25.8% rent · 74.2% own
• Severe rent burden: 20% of renters

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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%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.57)
• Race & ethnicity: White 62% Hispanic / Latino 19% Two or more races 14% Black 10% Asian 3%
• Hispanic origin (detail): Mexican 4% Puerto Rican 4% Cuban 2% Dominican 2%
• Common ancestry: Romanian 3% Lithuanian 2% Hispanic 1%
• Foreign-born: 18% · Canada, Jamaica, China
• Languages at home: 76% English-only · Spanish 16% French/Haitian/Cajun 3% Tagalog/Filipino 2%

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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: ▼ -155.80%
• Current HPI: 371.0573
• Rent YoY: ▲ 1.92%
• Metro: Port St. Lucie, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

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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

• Financial info: Monthly land lease of $977.55 (land lease present; expires 2026-06-30)
• HOA & community: Located in a senior communityPets allowed with no restrictions

Exterior

• Parking: Attached carport (1 covered space)
• Utilities: Public waterPublic sewerElectricity connectedCable connectedUnderground utilitiesWater and sewer available
• Home design: Mobile homeOne storyFaces northResale condition
• Construction: Metal sidingBuilt as a single-story structure
• Exterior features: Waterfront propertyShingle roof

Interior

• Kitchen: DishwasherElectric rangeMicrowaveRefrigeratorElectric water heater
• Bedrooms: 2 bedrooms on the main level
• Flooring: CarpetLinoleum
• Bathrooms: 2 full bathrooms (both on the main level)
• Heating & cooling: Central electric heatingCentral air conditioning
• Interior features: Walk-in closets
• Laundry & utility: Laundry room

Price history

1 event — show timeline

• 2026-06-01 Listed $42,500 Beaches MLS