5335 SE Miles Grant Rd Unit H206 · Port Salerno, FL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 10/10 · Severe
- Hot days now (above 106°F)
- 7 days/yr
- Hot days in 30 yrs
- 25 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
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 +16.2/30.0
- 1% rule +6.0/10.0
- DSCR +5.0/10.0
- Schools +4.5/10.0
- Livability +3.5/5.0
- Rent growth +3.2/5.0
- Condition / age +2.5/5.0
- ARV discount +0.0/15.0
- Appreciation +0.0/10.0
$224,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
BEAUTIFULLY UPDATED 1250 SQ FT OVERSIZED 2 BEDROOM, 2 BATH CONDO LOCATED IN DESIRABLE MILES GRANT, OVERLOOKING THE 8TH HOLE ON THE GOLF COURSE. THIS PARTIALLY FURNISHED RESIDENCE FEATURES GRANITE COUNTERTOPS, NEW FLOORING APPROX 4 YEARS OLD, LARGE WALK IN MASTER CLOSET. THE BEDROOMS ARE CARPETED. THE AIR CONDITIONING UNIT IS 2 YEARS OLD, AND THE HOT WATER HEATER WAS REPLACED 4 YEARS AGO. THE OPEN LAYOUT OFFERS GENEROUS LIVING SPACE, ABUNDANT NATURAL LIGHT AND SERENE GOLF COURSE VIEWS. ENJOY RELAXING ON THE LANAI, WHICH HAS NEW IMPACT HURRICANE WINDOWS. RESIDENTS ALSO HAVE ACCESS TO THE MILES GRANT CLUBHOUSE OFFERING A WIDE RANGE OF ENTERTAINMENT, ALONG WITH A RESTAURANT AND TAVERN, CREATING AN ACTIVE AND ENJOYABLE LIFESTYLE. MANDATORY SOCIAL MEMBERSHIP IS REQUIRED. 55+COMMUNITY.
Key facts
- Access to clubhouse
- Golf course views
- $482 HOA
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $224k.
Deal economics
- At list price, monthly cash flow is $120 ($1k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $224k).
- Recommended offer: $197k (12.0% below list) — sets the bar for market timing.
- Cap rate 6.9% vs local median 3.2% 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: Port Salerno Elementary School (math 27% / reading 29%, grade F, #1,951 of 2,144 statewide, top 91%, 706 students, 74% FRL); 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 65% FRL vs 41% district-wide (24 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Zoned-school proficiency averages 38% at this address vs 52% district-wide (-14 pts) — the specific schools serving this property underperform the Martin average; the district grade overstates school quality for this exact location.
- Market conditions: Rents rising (+2.7%/yr); 595 active listings in the ZIP; 27 comparable units currently listed for rent nearby; rentals at typical pace (median 25d 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 38% 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 $7k 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 163 days — a 12% lower offer ($197k) is reasonable based on typical stale-listing flexibility.
- 8 sale attempts since 17y ago; this cycle's ask has dropped $16k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $92k; list at $224k implies a 143% gain — meaningful room to come down on a strong offer.
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.
Questions for the listing agent
- It's been on market 163 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.10% ✓
- Cap rate
- 6.93%
- Cash-on-cash
- 2.29%
- DSCR
- 1.10
- GRM
- 7.6
CMA / ARV
- ARV (median comp)
- $182,291
- List price
- $224,000
- Delta
- 22.88%
- Verdict
- OVERPRICED
- Comps
- 20 within 1.0 mi
Projected returns pro-forma
-3.0% appreciation · 2.71% rent growth · sell at horizon
- IRR
- -12.9%
- Equity multiple
- 0.53×
- Total profit
- $-29,188
- Equity at exit
- $33,399
- IRR
- -4.3%
- Equity multiple
- 0.72×
- Total profit
- $-17,689
- Equity at exit
- $19,367
Cash invested: $62,720 (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
ZIP-level market 34997
- Rents YoY
- 2.7%
- Active inventory
- 595
- Price-to-rent
- 7.6×
Monthly cashflow live
- Estimated rent
- $2,455 high interval (Pro) →
- Mortgage (P&I)
- −$1,175
- Tax from tax record
- −$70 /mo · $841/yr
- Insurance
- −$93
- HOA
- −$482
- Vacancy / Maint / Mgmt
- −$516
- Net cashflow
- $120
Break-even live
Sensitivity live
| Price | -10% $246 | -5% $183 | +0% $120 | +5% $56 | +10% $-7 |
|---|---|---|---|---|---|
| Rent | -10% $-74 | -5% $23 | +0% $120 | +5% $217 | +10% $314 |
| Rate | -1.0pp $232 | -0.5pp $177 | base $120 | +0.5pp $62 | +1.0pp $3 |
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
- $56,000
- Closing costs
- $6,720
- 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 27 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 5403 SE Miles Grant Rd Stuart, FL | 2.0 | 2.0 | 1186 | $1,750 | $1.48 | 25d | 2 | 0.10mi |
| 4621 SE Shady Ridge Ln Stuart, FL | 2.0 | 1.0 | 1660 | $2,100 | $1.27 | 15d | 1 | 0.26mi |
| 5674 SE Riverboat Dr #131 Stuart, FL | 2.0 | 2.5 | 1288 | $2,600 | $2.02 | 25d | 1 | 0.28mi |
| 5674 SE Riverboat Dr #131 Stuart, FL | 2.0 | 2.5 | 1288 | $2,400 | $1.86 | 23d | 1 | 0.28mi |
| 6003 SE Riverboat Dr #802 Stuart, FL | 2.0 | 2.5 | 1288 | $2,200 | $1.71 | 25d | 1 | 0.39mi |
| 6021 SE Landing Way #2 Stuart, FL | 2.0 | 2.0 | 1135 | $2,500 | $2.20 | 25d | 1 | 0.47mi |
| 6082 SE Landing Way #7 Stuart, FL | 2.0 | 2.0 | 1135 | $3,000 | $2.64 | 25d | 1 | 0.52mi |
| 6142 SE Landing Way Unit 9-11 Stuart, FL | 2.0 | 2.0 | 1135 | $3,500 | $3.08 | 25d | 1 | 0.53mi |
| 6102 SE Landing Way #13 Stuart, FL | 3.0 | 2.0 | 1590 | $2,000 | $1.26 | 25d | 1 | 0.57mi |
| 6146 SE Riverboat Dr #918 Stuart, FL | 2.0 | 2.5 | 1288 | $1,950 | $1.51 | 25d | 1 | 0.60mi |
| 6142 SE Landing Way #16 Stuart, FL | 2.0 | 2.0 | 1590 | $3,750 | $2.36 | 25d | 1 | 0.63mi |
| 4885 SE Capstan Ave #27 Stuart, FL | 2.0 | 2.0 | 1273 | $2,500 | $1.96 | 25d | 1 | 0.74mi |
| 4710 SE Glenridge Trl Stuart, FL | 3.0 | 2.0 | 1442 | $3,300 | $2.29 | 15d | 1 | 0.78mi |
| 4650 SE Manatee Way Stuart, FL | 3.0 | 2.5 | 1764 | $5,900 | $3.34 | 25d | 1 | 0.79mi |
| 5280 SE Seascape Way #101 Stuart, FL | 3.0 | 3.0 | 1561 | $2,500 | $1.60 | 15d | 1 | 0.88mi |
| 4606 SE Binnacle Way Unit 1 Stuart, FL | 2.0 | 1.0 | 928 | $1,850 | $1.99 | 15d | 1 | 0.88mi |
| 5359 SE Dell St Stuart, FL | 3.0 | 2.0 | 1272 | $2,800 | $2.20 | 25d | 1 | 0.94mi |
| 5300 SE Schooner Oaks Way Stuart, FL | 3.0 | 2.0 | 1600 | $3,700 | $2.31 | 25d | 1 | 0.98mi |
| 5795 SE Mitzi Ln Stuart, FL | 3.0 | 2.0 | 1315 | $3,000 | $2.28 | 25d | 1 | 1.02mi |
| 5636 SE Foxcross Pl Stuart, FL | 2.0 | 2.0 | 1598 | $9,000 | $5.63 | 15d | 1 | 1.06mi |
| 4107 SE Barcelona St Stuart, FL | 2.0 | 1.0 | 1224 | $2,500 | $2.04 | 25d | 1 | 1.23mi |
| 4189 SE Saint Lucie Blvd Stuart, FL | 2.0 | 2.5 | 1760 | $5,500 | $3.12 | 25d | 1 | 1.30mi |
| 4095 SE Centerboard Ln Unit 6B Stuart, FL | 2.0 | 2.0 | 1154 | $3,750 | $3.25 | 25d | 1 | 1.36mi |
| 3901 SE Saint Lucie Blvd Stuart, FL | 2.0 | 2.0–2.5 | 1407 | $3,875 | $2.75 | 25d | 4 | 1.39mi |
| 4939 SE Salvatori Rd Stuart, FL | 3.0 | 2.0 | 1334 | $2,500 | $1.87 | 25d | 1 | 1.41mi |
| 3901 SE Saint Lucie Blvd Unit D29 Stuart, FL | 2.0 | 2.0 | 1460 | $3,000 | $2.05 | 25d | 1 | 1.41mi |
| 5881 SE Windsong Ln Stuart, FL | 2.0 | 2.5 | 1288 | $2,100 | $1.63 | 15d | 1 | 1.49mi |
HOA detail condo
- Monthly dues
- $482 · $5,784/yr
- Likely covers
- water
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 43 events
-
2026-06-21days on market $224,000 Active 163 DOM
-
2026-06-18days on market $224,000 Active 160 DOM
-
2026-06-17days on market $224,000 Active 159 DOM
-
2026-06-16days on market $224,000 Active 158 DOM
-
2026-06-15days on market $224,000 Active 157 DOM
-
2026-06-14days on market $224,000 Active 155 DOM
-
2026-06-13days on market $224,000 Active 154 DOM
-
2026-06-10days on market $224,000 Active 152 DOM
-
2026-06-09days on market $224,000 Active 151 DOM
-
2026-06-08days on market $224,000 Active 150 DOM
-
2026-06-07days on market $224,000 Active 149 DOM
-
2026-06-03days on market $224,000 Active 145 DOM
-
2026-06-02days on market $224,000 Active 144 DOM
-
2026-06-01days on market $224,000 Active 143 DOM
-
2026-05-31days on market $224,000 Active 142 DOM
-
2026-05-31days on market $224,000 Active 141 DOM
-
2026-04-20price $224,000 791-char remark
Show marketing remark (791 chars)
BEAUTIFULLY UPDATED 1250 SQ FT OVERSIZED 2 BEDROOM, 2 BATH CONDO LOCATED IN DESIRABLE MILES GRANT, OVERLOOKING THE 8TH HOLE ON THE GOLF COURSE. THIS PARTIALLY FURNISHED RESIDENCE FEATURES GRANITE COUNTERTOPS, NEW FLOORING APPROX 4 YEARS OLD, LARGE WALK IN MASTER CLOSET. THE BEDROOMS ARE CARPETED. THE AIR CONDITIONING UNIT IS 2 YEARS OLD, AND THE HOT WATER HEATER WAS REPLACED 4 YEARS AGO. THE OPEN LAYOUT OFFERS GENEROUS LIVING SPACE, ABUNDANT NATURAL LIGHT AND SERENE GOLF COURSE VIEWS. ENJOY RELAXING ON THE LANAI, WHICH HAS NEW IMPACT HURRICANE WINDOWS. RESIDENTS ALSO HAVE ACCESS TO THE MILES GRANT CLUBHOUSE OFFERING A WIDE RANGE OF ENTERTAINMENT, ALONG WITH A RESTAURANT AND TAVERN, CREATING AN ACTIVE AND ENJOYABLE LIFESTYLE. MANDATORY SOCIAL MEMBERSHIP IS REQUIRED. 55+COMMUNITY.
-
2026-02-12price $229,000 791-char remark
Show marketing remark (791 chars)
BEAUTIFULLY UPDATED 1250 SQ FT OVERSIZED 2 BEDROOM, 2 BATH CONDO LOCATED IN DESIRABLE MILES GRANT, OVERLOOKING THE 8TH HOLE ON THE GOLF COURSE. THIS PARTIALLY FURNISHED RESIDENCE FEATURES GRANITE COUNTERTOPS, NEW FLOORING APPROX 4 YEARS OLD, LARGE WALK IN MASTER CLOSET. THE BEDROOMS ARE CARPETED. THE AIR CONDITIONING UNIT IS 2 YEARS OLD, AND THE HOT WATER HEATER WAS REPLACED 4 YEARS AGO. THE OPEN LAYOUT OFFERS GENEROUS LIVING SPACE, ABUNDANT NATURAL LIGHT AND SERENE GOLF COURSE VIEWS. ENJOY RELAXING ON THE LANAI, WHICH HAS NEW IMPACT HURRICANE WINDOWS. RESIDENTS ALSO HAVE ACCESS TO THE MILES GRANT CLUBHOUSE OFFERING A WIDE RANGE OF ENTERTAINMENT, ALONG WITH A RESTAURANT AND TAVERN, CREATING AN ACTIVE AND ENJOYABLE LIFESTYLE. MANDATORY SOCIAL MEMBERSHIP IS REQUIRED. 55+COMMUNITY.
-
2026-01-09$240,000 Active 791-char remark
Show marketing remark (791 chars)
BEAUTIFULLY UPDATED 1250 SQ FT OVERSIZED 2 BEDROOM, 2 BATH CONDO LOCATED IN DESIRABLE MILES GRANT, OVERLOOKING THE 8TH HOLE ON THE GOLF COURSE. THIS PARTIALLY FURNISHED RESIDENCE FEATURES GRANITE COUNTERTOPS, NEW FLOORING APPROX 4 YEARS OLD, LARGE WALK IN MASTER CLOSET. THE BEDROOMS ARE CARPETED. THE AIR CONDITIONING UNIT IS 2 YEARS OLD, AND THE HOT WATER HEATER WAS REPLACED 4 YEARS AGO. THE OPEN LAYOUT OFFERS GENEROUS LIVING SPACE, ABUNDANT NATURAL LIGHT AND SERENE GOLF COURSE VIEWS. ENJOY RELAXING ON THE LANAI, WHICH HAS NEW IMPACT HURRICANE WINDOWS. RESIDENTS ALSO HAVE ACCESS TO THE MILES GRANT CLUBHOUSE OFFERING A WIDE RANGE OF ENTERTAINMENT, ALONG WITH A RESTAURANT AND TAVERN, CREATING AN ACTIVE AND ENJOYABLE LIFESTYLE. MANDATORY SOCIAL MEMBERSHIP IS REQUIRED. 55+COMMUNITY.
-
2017-03-22soldstatus $92,000
-
2017-03-20price $92,000 656-char remark
Show marketing remark (656 chars)
Location! Location! Location! Discover Miles of golf course views & endless breezes! Fully furnished, turn key & immediate occupancy! Updated with newer carpet, granite slab countertops in both kitchen & baths! Best value for a golf course condo in Miles Grant & everywhere in Florida! Minutes to beaches & river! HOA fee includes cable, common grounds, trash, landscaping, exterior insurance & painting! Social membership to Miles Grant Country Club @ $1,326 is required + food minimum is $350 for single and $700 for family (tennis, 15 rounds of golf included – cart fee is $20)Easy to use attached shutters also!
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2017-03-20soldstatus $92,000 Sold 656-char remark
Show marketing remark (656 chars)
Location! Location! Location! Discover Miles of golf course views & endless breezes! Fully furnished, turn key & immediate occupancy! Updated with newer carpet, granite slab countertops in both kitchen & baths! Best value for a golf course condo in Miles Grant & everywhere in Florida! Minutes to beaches & river! HOA fee includes cable, common grounds, trash, landscaping, exterior insurance & painting! Social membership to Miles Grant Country Club @ $1,326 is required + food minimum is $350 for single and $700 for family (tennis, 15 rounds of golf included – cart fee is $20)Easy to use attached shutters also!
-
2017-03-20soldstatus $92,000 Closed
Show marketing remark (656 chars)
Location! Location! Location! Discover Miles of golf course views & endless breezes! Fully furnished, turn key & immediate occupancy! Updated with newer carpet, granite slab countertops in both kitchen & baths! Best value for a golf course condo in Miles Grant & everywhere in Florida! Minutes to beaches & river! HOA fee includes cable, common grounds, trash, landscaping, exterior insurance & painting! Social membership to Miles Grant Country Club @ $1,326 is required + food minimum is $350 for single and $700 for family (tennis, 15 rounds of golf included – cart fee is $20)Easy to use attached shutters also!
-
2017-02-20status Pending
-
2017-02-17historical Pending W/Cont 656-char remark
Show marketing remark (656 chars)
Location! Location! Location! Discover Miles of golf course views & endless breezes! Fully furnished, turn key & immediate occupancy! Updated with newer carpet, granite slab countertops in both kitchen & baths! Best value for a golf course condo in Miles Grant & everywhere in Florida! Minutes to beaches & river! HOA fee includes cable, common grounds, trash, landscaping, exterior insurance & painting! Social membership to Miles Grant Country Club @ $1,326 is required + food minimum is $350 for single and $700 for family (tennis, 15 rounds of golf included – cart fee is $20)Easy to use attached shutters also!
-
2017-02-17price $99,900 656-char remark
Show marketing remark (656 chars)
Location! Location! Location! Discover Miles of golf course views & endless breezes! Fully furnished, turn key & immediate occupancy! Updated with newer carpet, granite slab countertops in both kitchen & baths! Best value for a golf course condo in Miles Grant & everywhere in Florida! Minutes to beaches & river! HOA fee includes cable, common grounds, trash, landscaping, exterior insurance & painting! Social membership to Miles Grant Country Club @ $1,326 is required + food minimum is $350 for single and $700 for family (tennis, 15 rounds of golf included – cart fee is $20)Easy to use attached shutters also!
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2016-12-22$99,900 Active
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2016-12-21$99,900 Active 656-char remark
Show marketing remark (656 chars)
Location! Location! Location! Discover Miles of golf course views & endless breezes! Fully furnished, turn key & immediate occupancy! Updated with newer carpet, granite slab countertops in both kitchen & baths! Best value for a golf course condo in Miles Grant & everywhere in Florida! Minutes to beaches & river! HOA fee includes cable, common grounds, trash, landscaping, exterior insurance & painting! Social membership to Miles Grant Country Club @ $1,326 is required + food minimum is $350 for single and $700 for family (tennis, 15 rounds of golf included – cart fee is $20)Easy to use attached shutters also!
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2016-12-17historical
-
2016-05-06$119,499 Active
-
2014-11-14historical
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2014-08-26$89,000
-
2013-09-21historical
-
2012-01-26soldstatus $69,000
-
2012-01-23soldstatus $69,000
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2011-12-22historical
-
2011-11-28$75,000
-
2010-07-09historical
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2010-04-01$90,000
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2009-10-19$115,000
-
2004-04-15soldstatus $134,000
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1993-08-09soldstatus $70,000
-
1978-02-01soldstatus $41,000
ⓘ 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
- $841 · $70/mo
- Projected year-2 tax
- $1,859 · $155/mo
- Expected delta
- +$1,018/yr (+$85/mo · 121.0%)
ⓘ 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 1 unhealthy d/yr today · 1 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
- $29,465
- − Mortgage interest
- −$12,547
- − Property taxes
- −$841
- − Insurance
- −$1,120
- − Repairs & maintenance
- −$2,357
- − Management
- −$2,357
- − HOA
- −$5,784
- − Depreciation
- −$6,516
- Taxable loss
- −$2,059
- Est. tax savings @ 24.0%
- +$494
- After-tax cash flow
- $1,930/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
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
- 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 |
|---|---|---|
| Industrial Technology | 2 | $29B |
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| Insurance | 2 | $17B |
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| Retail | 1 | $60B |
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| Technology Distribution | 1 | $58B |
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| Homebuilding | 1 | $35B |
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| Technology Manufacturing | 1 | $35B |
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Price history
+446.3% since first listed27 events — show timeline
- 2026-04-20 Price Changed $224,000 MCRTC
- 2026-02-12 Price Changed $229,000 MCRTC
- 2026-01-09 Listed $240,000 MCRTC
- 2017-03-22 Sold (Public Records) $92,000 Public Records
- 2017-03-20 Price Changed $92,000 MCRTC
- 2017-03-20 Sold (MLS) $92,000 Beaches MLS
- 2017-03-20 Sold (MLS) $92,000 MCRTC
- 2017-02-20 Pending — Beaches MLS
- 2017-02-17 Contingent — MCRTC
- 2017-02-17 Price Changed $99,900 MCRTC
- 2016-12-22 Listed $99,900 Beaches MLS
- 2016-12-21 Listed $99,900 MCRTC
- 2016-12-17 Listing Removed — MCRTC
- 2016-05-06 Listed $119,499 MCRTC
- 2014-11-14 Listing Removed — Beaches MLS
- 2014-08-26 Listed $89,000 Beaches MLS
- 2013-09-21 Listing Removed — Beaches MLS
- 2012-01-26 Sold (Public Records) $69,000 Public Records
- 2012-01-23 Sold (MLS) $69,000 Beaches MLS
- 2011-12-22 Listing Removed — Beaches MLS
- 2011-11-28 Listed $75,000 Beaches MLS
- 2010-07-09 Listing Removed — MCRTC
- 2010-04-01 Listed $90,000 Beaches MLS
- 2009-10-19 Listed $115,000 MCRTC
- 2004-04-15 Sold (Public Records) $134,000 Public Records
- 1993-08-09 Sold (Public Records) $70,000 Public Records
- 1978-02-01 Sold (Public Records) $41,000 Public Records
Property tax history
-0.7%/yrLatest (2025): $841 · -0.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…