59 Golf Dr · River Park, FL 34952

$15,000

3 bd · 2.0 ba · 1,188 sqft · Manufactured · 215 Days on market

Built 1992 $842/mo HOA · 41% of rent ↓ 32% since listing

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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
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Schools +3.7/10.0
• Livability +3.5/5.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Beautiful well maintained home in Spanish Lakes One. Nice and clean fully furnished 2 bedroom 2 bath with lake view from enclosed porch. A/C replaced in 2018. Tie downs replaced in 2013. Ramp to front entrance and home is handicap accessible.

Key facts

• Parking
• Community pool
• Built 1992

Property features AI

Finance

• Financial info: Is in a senior community; Pets allowed (restrictions possible)
• HOA & community: Community association with on-site management; Monthly association fee (amount provided to listing); Association amenities include pool, clubhouse, fitness center, tennis courts, golf course, beach club access, game/billiard rooms, picnic area, shuffleboard, basketball court, community room, library, sidewalks, and street lights

Exterior

• Parking: Attached carport; Carport with 2 covered spaces (4 parking spaces total)
• Utilities: Public water; Public sewer; 220 volt electric; Sewer and water available
• Home design: Manufactured home; One story; Resale condition; Faces north; Facing west of US-1
• Construction: Aluminum siding; Modular construction; Composition shingle roof; Aluminum skirt
• Exterior features: Paved road frontage; Not waterfront

Interior

• Kitchen: Dishwasher; Electric range; Microwave; Refrigerator
• Bedrooms: 3 bedrooms on the main level
• Flooring: Carpet; Vinyl
• Bathrooms: 2 full bathrooms on the main level
• Heating & cooling: Central heating; Central air (electric)
• Interior features: Built-in features; Kitchen island; Walk-in closet(s); Closet cabinetry; Partially furnished
• Laundry & utility: Electric water heater; Laundry available inside and outside

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $15k.

Deal economics

• At list price, monthly cash flow is $685 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $15k).
• Recommended offer: $13k (12.0% below list) — sets the bar for market timing.
• Cap rate 61.1% vs local median 6.3% in River Park — 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 69/100 on livability (#451 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, commute A-; Watch: amenities F, employment F, health & safety D-.
• St. Lucie (urban): math 40% / reading 48% proficiency, ranked #51 of 73 in FL (top 70%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Savanna Ridge Elementary School (math 40% / reading 45%, grade F, #1,383 of 2,144 statewide, top 65%, 452 students, 75% FRL); Port St. Lucie High School (math 21% / reading 43%, grade F, #415 of 667 statewide, top 63%, 1,748 students, 67% FRL).
• Market conditions: Rents rising (+1.9%/yr); 639 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 4,868 units permitted in St. Lucie County in 2024 (268 in 5+ unit buildings).
• This rent runs 40% 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 $104 of loan paydown is wiped out by about $450 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 $4k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 215 days — a 12% lower offer ($13k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 7y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: HOA is 41% of rent.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 6→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $13,200 (12.0% below list)

Questions for the listing agent

1. It's been on market 215 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. 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?
7. 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.
8. 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.
9. 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: 13.76% ✓
• Cap rate: 61.09%
• Cash-on-cash: 195.69%
• DSCR: 9.71
• GRM: 0.6

CMA / ARV

• ARV (on-the-fly): $45,144
• Comps found: 10

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
31 Huarte Way	0.39mi	2/2.0 (-1)	1,188 (0%)	3mo	$45,000	$38	74
7 Reforma Ln	0.07mi	2/2.0 (-1)	1,150 (-3%)	20mo	$37,000	$32	70
45 Mediterranean Blvd W	0.28mi	2/2.0 (-1)	1,200 (+1%)	24mo	$38,000	$32	60
23 Oro Grande Way	0.39mi	2/2.0 (-1)	1,088 (-8%)	6mo	$45,000	$41	57
5 Yolanda Ln	0.57mi	2/2.0 (-1)	1,280 (+8%)	5mo	$39,000	$30	51
25 Rio Verde Way	0.52mi	2/2.0 (-1)	1,200 (+1%)	22mo	$64,900	$54	51
23 San Pablo Ln	0.72mi	2/2.0 (-1)	1,200 (+1%)	13mo	$37,000	$31	49
82 Spanish Way	0.62mi	2/2.0 (-1)	1,245 (+5%)	22mo	$18,000	$14	40
560 Natalie Dr	0.73mi	2/2.0 (-1)	1,248 (+5%)	18mo	$162,800	$130	37
541 Natalie Dr	0.74mi	2/2.0 (-1)	1,032 (-13%)	22mo	$85,000	$82	20

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: —
• Equity multiple: 10.41×
• Total profit: $39,521
• Equity at exit: $2,237

10-year hold

• IRR: —
• Equity multiple: 20.98×
• Total profit: $83,903
• Equity at exit: $1,297

Cash invested: $4,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 34952

• Home prices YoY: -29.6%
• Rents YoY: 1.9%
• Active inventory: 639
• Price-to-rent: 0.6×

Monthly cashflow live

• Estimated rent: $2,064 high
• Mortgage (P&I): −$79
• Tax est. 1.5%: −$19 /mo · $225/yr
• Insurance: −$6
• HOA: −$842
• Vacancy / Maint / Mgmt: −$433
• Net cashflow: $685

Break-even live

Break-even rent $1,197

Max offer price $15,000

Occupancy floor 62%

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: $3,750
• Closing costs: $450
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1900 Bella Vista Way Port Saint Lucie, FL	1.0–2.0	1.0–2.0	995	$1,764	$1.77	14d	15	0.78mi
7700 Pine Lakes Blvd Port Saint Lucie, FL	1.0–3.0	1.0–2.0	1022	$2,212	$2.16	14d	16	0.85mi
124 E Arbor Ave Port Saint Lucie, FL	3.0	1.0	964	$2,550	$2.65	14d	1	1.01mi
14 Lake Vista Trl #101 Port Saint Lucie, FL	2.0	2.0	1170	$2,200	$1.88	23d	1	1.11mi
11 Lake Vista Trl #206 Port Saint Lucie, FL	2.0	2.0	1080	$1,400	$1.30	23d	1	1.17mi
26 Lake Vista Trl #201 Port Saint Lucie, FL	2.0	2.0	1170	$1,500	$1.28	23d	1	1.21mi
4 Lake Vista Trl #202 Port Saint Lucie, FL	2.0	2.0	1080	$1,700	$1.57	21d	1	1.28mi
730 SE White Ave Port Saint Lucie, FL	2.0	2.0	1386	$10,000	$7.22	23d	1	1.31mi
2 Lake Vista Trl #107 Port Saint Lucie, FL	2.0	2.0	1170	$1,850	$1.58	23d	1	1.32mi
1 Lake Vista Trl #201 Port Saint Lucie, FL	2.0	2.0	1170	$1,800	$1.54	23d	1	1.34mi
326 Shady Ln Port Saint Lucie, FL	3.0	2.0	1030	$2,250	$2.18	23d	1	1.34mi

HOA detail

• Monthly dues: $842 · $10,104/yr

Listing history 35 events

1. 2026-06-18
   days on market $15,000 Active 215 DOM
2. 2026-06-17
   days on market $15,000 Active 214 DOM
3. 2026-06-16
   days on market $15,000 Active 213 DOM
4. 2026-06-15
   days on market $15,000 Active 212 DOM
5. 2026-06-14
   days on market $15,000 Active 210 DOM
6. 2026-06-13
   days on marketlisting id $15,000 Active 209 DOM
7. 2026-06-10
   days on market $15,000 Active 21 DOM
8. 2026-06-09
   days on market $15,000 Active 20 DOM
9. 2026-06-08
   days on market $15,000 Active 19 DOM
10. 2026-06-07
    days on market $15,000 Active 18 DOM
11. 2026-06-05
    days on market $15,000 Active 15 DOM
12. 2026-06-03
    days on market $15,000 Active 14 DOM
13. 2026-06-02
    days on market $15,000 Active 13 DOM
14. 2026-06-01
    days on market $15,000 Active 12 DOM
15. 2026-05-31
    days on market $15,000 Active 11 DOM
16. 2026-05-30
    days on market $15,000 Active 10 DOM
17. 2026-05-20
    listed $15,000 Active
18. 2026-02-04
    status Active
19. 2025-12-18
    status Pending
20. 2025-11-09
    price $20,000
21. 2025-11-01
    status Active
22. 2025-10-09
    status Pending
23. 2025-09-05
    listed $25,000 Active
24. 2024-04-25
    soldstatus $42,500 Closed 242-char remark

    Show marketing remark (242 chars)

    Beautiful well maintained home in Spanish Lakes One. Nice and clean fully furnished 2 bedroom 2 bath with lake view from enclosed porch. A/C replaced in 2018. Tie downs replaced in 2013. Ramp to front entrance and home is handicap accessible.

25. 2024-03-11
    historical Active Under Contract 242-char remark

    Show marketing remark (242 chars)

    Beautiful well maintained home in Spanish Lakes One. Nice and clean fully furnished 2 bedroom 2 bath with lake view from enclosed porch. A/C replaced in 2018. Tie downs replaced in 2013. Ramp to front entrance and home is handicap accessible.

26. 2024-03-06
    price $49,900 242-char remark

    Show marketing remark (242 chars)

    Beautiful well maintained home in Spanish Lakes One. Nice and clean fully furnished 2 bedroom 2 bath with lake view from enclosed porch. A/C replaced in 2018. Tie downs replaced in 2013. Ramp to front entrance and home is handicap accessible.

27. 2024-02-29
    price $50,000 242-char remark

    Show marketing remark (242 chars)

    Beautiful well maintained home in Spanish Lakes One. Nice and clean fully furnished 2 bedroom 2 bath with lake view from enclosed porch. A/C replaced in 2018. Tie downs replaced in 2013. Ramp to front entrance and home is handicap accessible.

28. 2024-01-18
    price $59,900 242-char remark

    Show marketing remark (242 chars)

    Beautiful well maintained home in Spanish Lakes One. Nice and clean fully furnished 2 bedroom 2 bath with lake view from enclosed porch. A/C replaced in 2018. Tie downs replaced in 2013. Ramp to front entrance and home is handicap accessible.

29. 2024-01-03
    listed $69,000 Active 242-char remark

    Show marketing remark (242 chars)

    Beautiful well maintained home in Spanish Lakes One. Nice and clean fully furnished 2 bedroom 2 bath with lake view from enclosed porch. A/C replaced in 2018. Tie downs replaced in 2013. Ramp to front entrance and home is handicap accessible.

30. 2021-03-16
    historical
31. 2020-12-01
    listed $39,000 Active
32. 2020-01-23
    soldstatus $17,500 Closed
33. 2019-12-30
    status Pending
34. 2019-11-26
    price $19,900
35. 2019-03-05
    listed $22,000 Active

ⓘ 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 4/10 Moderate
• 🌡 Heat 10/10 Extreme 6 d/yr ≥106°F today · 20 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: $24,768
• − Mortgage interest: −$840
• − Property taxes: −$225
• − Insurance: −$75
• − Repairs & maintenance: −$1,981
• − Management: −$1,981
• − HOA: −$10,104
• − Depreciation: −$436
• Taxable income: $9,125
• Est. tax owed @ 24.0%: −$2,190
• After-tax cash flow: $6,029/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: St. Lucie
• NCES district ID: 1201770
• Math proficiency: 40% ▼ -11.00%
• Reading proficiency: 48% ▼ -4.00%
• Median HH income: $44,737
• Composite: 37.28/100
• National rank: #4449
• State rank: #51 of 73 in FL

Livability — River Park

• Score: 69/100
• State rank: #451
• US rank: #8159

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Saint Lucie County · 337,150 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: 1759.0

Population outlook (St. Lucie County) Hauer SSP2

• Today (2025): 338,016 people
• By 2030: 355,687 · +5.2%
• By 2040: 385,521 · +14.1%
• By 2050: 406,106 · +20.1%
• By 2075: 441,054 · +30.5%
• By 2100: 436,885 · +29.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: 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%

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

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

-31.8% since first listed

19 events — show timeline

• 2026-05-20 Listed $15,000 Beaches MLS
• 2026-02-04 Relisted — Beaches MLS
• 2025-12-18 Pending — Beaches MLS
• 2025-11-09 Price Changed $20,000 Beaches MLS
• 2025-11-01 Relisted — Beaches MLS
• 2025-10-09 Pending — Beaches MLS
• 2025-09-05 Listed $25,000 Beaches MLS
• 2024-04-25 Sold (MLS) $42,500 Beaches MLS
• 2024-03-11 Contingent — Beaches MLS
• 2024-03-06 Price Changed $49,900 Beaches MLS
• 2024-02-29 Price Changed $50,000 Beaches MLS
• 2024-01-18 Price Changed $59,900 Beaches MLS
• 2024-01-03 Listed $69,000 Beaches MLS
• 2021-03-16 Listing Removed — Beaches MLS
• 2020-12-01 Listed $39,000 Beaches MLS
• 2020-01-23 Sold (MLS) $17,500 MCRTC
• 2019-12-30 Pending — MCRTC
• 2019-11-26 Price Changed $19,900 MCRTC
• 2019-03-05 Listed $22,000 MCRTC