CashFlowRE
Sign in Sign up
5335 SE Miles Grant Rd Unit H206
D Composite 40.89
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

5335 SE Miles Grant Rd Unit H206 · Port Salerno, FL 34997
2 bd · 2.0 ba · 1,250 sqft · Condo public records · 163 Days on market
Built 1974 $179/sqft · 23% above area Est $182k · 23% over $482/mo HOA · 20% of rent

🖨 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

GOLF COURSE VIEWSNEW IMPACT HURRICANE WINDOWSACCESS TO CLUBHOUSE

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

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.
Recommended offer $197,120 (12.0% below list)

Questions for the listing agent

  1. 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?
  2. Built in 1974 — 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. 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?
  5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  7. 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?
  8. 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?
  9. 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.
  10. 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.
  11. 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

5-year hold
IRR
-12.9%
Equity multiple
0.53×
Total profit
$-29,188
Equity at exit
$33,399
10-year hold
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
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
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

Break-even rent $2,304
Max offer price $224,000
Occupancy floor 90%

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

AddressBedsBaths SqftRent$/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

  1. 2026-06-21
    days on market $224,000 Active 163 DOM
  2. 2026-06-18
    days on market $224,000 Active 160 DOM
  3. 2026-06-17
    days on market $224,000 Active 159 DOM
  4. 2026-06-16
    days on market $224,000 Active 158 DOM
  5. 2026-06-15
    days on market $224,000 Active 157 DOM
  6. 2026-06-14
    days on market $224,000 Active 155 DOM
  7. 2026-06-13
    days on market $224,000 Active 154 DOM
  8. 2026-06-10
    days on market $224,000 Active 152 DOM
  9. 2026-06-09
    days on market $224,000 Active 151 DOM
  10. 2026-06-08
    days on market $224,000 Active 150 DOM
  11. 2026-06-07
    days on market $224,000 Active 149 DOM
  12. 2026-06-03
    days on market $224,000 Active 145 DOM
  13. 2026-06-02
    days on market $224,000 Active 144 DOM
  14. 2026-06-01
    days on market $224,000 Active 143 DOM
  15. 2026-05-31
    days on market $224,000 Active 142 DOM
  16. 2026-05-31
    days on market $224,000 Active 141 DOM
  17. 2026-04-20
    price $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.

  18. 2026-02-12
    price $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.

  19. 2026-01-09
    listed $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.

  20. 2017-03-22
    soldstatus $92,000
  21. 2017-03-20
    price $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!

  22. 2017-03-20
    soldstatus $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!

  23. 2017-03-20
    soldstatus $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!

  24. 2017-02-20
    status Pending
  25. 2017-02-17
    historical 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!

  26. 2017-02-17
    price $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!

  27. 2016-12-22
    listed $99,900 Active
  28. 2016-12-21
    listed $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!

  29. 2016-12-17
    historical
  30. 2016-05-06
    listed $119,499 Active
  31. 2014-11-14
    historical
  32. 2014-08-26
    listed $89,000
  33. 2013-09-21
    historical
  34. 2012-01-26
    soldstatus $69,000
  35. 2012-01-23
    soldstatus $69,000
  36. 2011-12-22
    historical
  37. 2011-11-28
    listed $75,000
  38. 2010-07-09
    historical
  39. 2010-04-01
    listed $90,000
  40. 2009-10-19
    listed $115,000
  41. 2004-04-15
    soldstatus $134,000
  42. 1993-08-09
    soldstatus $70,000
  43. 1978-02-01
    soldstatus $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
combined federal + state — saved on this device
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

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

+446.3% since first listed
27 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%/yr

Latest (2025): $841 · -0.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…