3108 Mura Dr · Fort Pierce South, FL 34982

$300,000

3 bd · 1.5 ba · 1,257 sqft · SingleFamily public records · 51 Days on market

Built 1964 0.34 ac lot Est $321k · 6% under

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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).

• ARV discount +10.4/15.0
• Cash flow +7.6/30.0
• Rent growth +4.4/5.0
• Schools +3.7/10.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• DSCR +1.7/10.0
• 1% rule +1.5/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Adorable home on a large lot has 3 bedrooms 1 and 1/2 bathrooms. Large kitchen, bonus/family room. New carpet throughout.

Key facts

• Expansive lot
• Boat parking
• Metal roof

Tags

• BOAT PARKING
• ADU
• EXPANSIVE LOT
• METAL ROOF
• REMODELED KITCHEN
• WOOD VINYL PLANK FLOORING

Property features AI

Finance

• Other: Pets allowed with no restrictions

Exterior

• Parking: Driveway parking; Space for 4 vehicles total; Boat access/parking
• Utilities: Public water; Public sewer; Electricity available; Phone available; Sewer connected; Water available
• Home design: Single-family residence; One story; Resale property; Home faces east
• Construction: Stucco construction; Metal and shingle roof; Built area reported by appraiser
• Exterior features: Outbuilding / storage shed(s); Fenced yard (front and back); Chain link fencing; Landscaped yard; Room for a pool; Oversized lot; Asphalt road frontage (public maintained road); Not waterfront

Interior

• Kitchen: Electric range; Electric cooktop; Microwave; Refrigerator
• Bedrooms: 4 bedrooms on the main level
• Flooring: Tile; Vinyl; Wood
• Bathrooms: 2 bathrooms (1 full, 1 half) on the main level
• Heating & cooling: Central heating; Electric cooling; Wall/window unit(s); Ceiling fan(s)
• Interior features: Split bedroom layout; Bedroom layout is split
• Laundry & utility: Dedicated laundry room

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $300k.

Deal economics

• At list price, monthly cash flow is $-363 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $236k (21.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $194k (35.2% below list).
• Recommended offer: $194k (35.2% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 73/100 on livability (#322 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A-; Watch: employment D, amenities 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: Fairlawn Elementary School (math 68% / reading 69%, grade B+, #409 of 2,144 statewide, top 20%, 651 students, 64% FRL); Forest Grove Middle School (math 34% / reading 42%, grade F, #388 of 571 statewide, top 69%, 871 students, 79% 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 fast (+7.4%/yr); 336 active listings in the ZIP; 32 comparable units currently listed for rent nearby; rentals at typical pace (median 25d 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 43% of the median local income ($54k/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 $9k 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.

Negotiation context

• It's been on market 51 days — a 3% lower offer ($291k) is reasonable based on typical stale-listing flexibility.
• 10 sale attempts since 28y 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.
• Current owner paid $114k; list at $300k implies a 163% 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→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $194,290 (35.2% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 51 days. Have you received any prior offers? Is the seller open to a 35% concession, seller financing, or rate buy-down credit?
3. Built in 1964 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
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: 0.65% ✗
• Cap rate: 4.84%
• Cash-on-cash: -5.18%
• DSCR: 0.77
• GRM: 12.9

CMA / ARV

• ARV (on-the-fly): $320,535
• Comps found: 2

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1119 Pine Ave	0.73mi	3/2.0	1,377 (+10%)	1mo	$299,900	$218	47
1027 Martinique Ave	0.48mi	3/2.0	1,119 (-11%)	18mo	$285,000	$255	42

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 · 7.42% rent growth · sell at horizon

5-year hold

• IRR: -20.8%
• Equity multiple: 0.25×
• Total profit: $-62,767
• Equity at exit: $44,731

10-year hold

• IRR: -7.1%
• Equity multiple: 0.47×
• Total profit: $-44,144
• Equity at exit: $25,939

Cash invested: $84,000 (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.

Methodology + full state rankings →

ZIP-level market 34982

• Home prices YoY: -33.4%
• Rents YoY: 7.4%
• Active inventory: 336
• Price-to-rent: 12.9×

Monthly cashflow live

• Estimated rent: $1,943 high
• Mortgage (P&I): −$1,573
• Tax from tax record: −$199 /mo · $2,392/yr
• Insurance: −$125
• HOA: −$0
• Vacancy / Maint / Mgmt: −$408
• Net cashflow: $-363

Break-even live

Break-even rent $2,402

Max offer price $235,928

Occupancy floor —

Sensitivity live

Price	-10% $-193	-5% $-278	+0% $-363	+5% $-448	+10% $-533
Rent	-10% $-516	-5% $-439	+0% $-363	+5% $-286	+10% $-209
Rate	-1.0pp $-212	-0.5pp $-286	base $-363	+0.5pp $-440	+1.0pp $-520

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: $75,000
• Closing costs: $9,000
• Reserves months: —
• Total cash needed: —

Rent comps 32 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
800 Kanner Dr Unit B Fort Pierce, FL	2.0	1.0	900	$1,550	$1.72	15d	1	0.07mi
802 N Lake Dr Unit B Fort Pierce, FL	2.0	1.0	1000	$1,550	$1.55	25d	1	0.32mi
3030 S US Highway 1 Fort Pierce, FL	3.0	2.0	1184	$1,774	$1.50	15d	1	0.41mi
2902 Oleander Blvd Fort Pierce, FL	3.0	2.0	1276	$2,700	$2.12	25d	1	0.42mi
928 Fra Mar Pl Fort Pierce, FL	3.0	1.0	1440	$2,000	$1.39	25d	1	0.60mi
1739 N Dovetail Dr Fort Pierce, FL	2.0	2.0	1230	$1,750	$1.42	25d	1	0.62mi
3200 S US Highway 1 Fort Pierce, FL	2.0–3.0	1.0–2.0	1144	$1,945	$1.70	15d	1	0.63mi
1747 N Dovetail Dr Unit A Fort Pierce, FL	2.0	2.0	1286	$2,100	$1.63	25d	1	0.63mi
1829 Sandhill Crane Dr Unit B2 Fort Pierce, FL	2.0	2.0	1334	$2,000	$1.50	25d	1	0.70mi
1804 Blue Heron Ln Unit C Fort Pierce, FL	2.0	2.0	1286	$1,900	$1.48	25d	1	0.75mi
1772 N Dovetail Dr Unit C Fort Pierce, FL	2.0	2.0	1230	$2,100	$1.71	25d	1	0.76mi
3343 Liberty Square Way #104 Fort Pierce, FL	3.0	2.5	1638	$2,300	$1.40	25d	1	0.82mi
2625 Heathcote Dr Unit 2631 Fort Pierce, FL	2.0	2.0	1000	$1,700	$1.70	15d	1	0.88mi
2625 Heathcote Dr Unit 2647 Fort Pierce, FL	2.0	2.0	1000	$1,700	$1.70	22d	1	0.88mi
2625 Heathcote Dr Unit 2623 Fort Pierce, FL	2.0	2.0	1000	$1,700	$1.70	25d	1	0.88mi
2147 Sibley Ave Fort Pierce, FL	2.0	1.0	1568	$1,800	$1.15	25d	1	0.96mi
916 Savannas Point Dr Fort Pierce, FL	2.0	2.0	1120	$2,100	$1.88	15d	1	0.97mi
115 Maple Ave Fort Pierce, FL	3.0	1.0	1008	$1,999	$1.98	25d	1	0.99mi
1219 S Lakes End Dr Unit 2 Fort Pierce, FL	2.0	2.0	1186	$1,500	$1.26	15d	1	1.09mi
2050 Oleander Blvd Unit 703 Fort Pierce, FL	2.0	2.0	1014	$1,800	$1.78	25d	1	1.14mi
2302 Sunrise Blvd #201 Fort Pierce, FL	2.0	1.0	966	$1,500	$1.55	25d	1	1.18mi
2101 Linda Sue Cir Fort Pierce, FL	2.0	1.5	1300	$1,750	$1.35	25d	1	1.19mi
3171 Morning Dew Ln Fort Pierce, FL	2.0	1.0	1000	$1,700	$1.70	25d	1	1.21mi
2513 S 17th St #207 Fort Pierce, FL	2.0	2.0	1190	$1,600	$1.34	25d	1	1.22mi
2516 S 19th St #208 Fort Pierce, FL	2.0	2.0	1190	$1,700	$1.43	25d	1	1.23mi
2820 Stoneway Ln Fort Pierce, FL	2.0	2.0	1005	$1,575	$1.57	25d	1	1.26mi
2016 S 10th St Unit A Fort Pierce, FL	2.0	2.5	1120	$1,595	$1.42	25d	1	1.29mi
2811 Stoneway Ln Unit 2811A Fort Pierce, FL	2.0	2.0	1274	$1,700	$1.33	15d	1	1.30mi
2804 Estancia Way Fort Pierce, FL	3.0	2.5	1516	$2,335	$1.54	15d	3	1.32mi
2050 Oleander Blvd Fort Pierce, FL	1.0–2.0	1.0–2.0	833	$2,350	$2.82	25d	4	1.38mi
4003 Oleander Ave Fort Pierce, FL	3.0–4.0	2.0	1765	$2,748	$1.56	15d	1	1.38mi
2016 Golfview Ct Fort Pierce, FL	2.0	1.0	1055	$1,750	$1.66	25d	1	1.46mi

Listing history 47 events

1. 2026-06-21
   days on market $300,000 Active 51 DOM
2. 2026-06-18
   days on market $300,000 Active 48 DOM
3. 2026-06-17
   days on market $300,000 Active 47 DOM
4. 2026-06-16
   days on market $300,000 Active 46 DOM
5. 2026-06-15
   days on market $300,000 Active 45 DOM
6. 2026-06-14
   days on market $300,000 Active 43 DOM
7. 2026-06-13
   days on market $300,000 Active 42 DOM
8. 2026-06-10
   days on market $300,000 Active 40 DOM
9. 2026-06-09
   days on market $300,000 Active 39 DOM
10. 2026-06-08
    days on market $300,000 Active 38 DOM
11. 2026-06-07
    days on market $300,000 Active 37 DOM
12. 2026-06-05
    days on market $300,000 Active 34 DOM
13. 2026-06-03
    days on market $300,000 Active 33 DOM
14. 2026-06-02
    days on market $300,000 Active 32 DOM
15. 2026-06-01
    days on market $300,000 Active 31 DOM
16. 2026-05-31
    days on market $300,000 Active 30 DOM
17. 2026-05-30
    days on market $300,000 Active 29 DOM
18. 2026-05-01
    listed $300,000 Active
19. 2025-11-28
    historical
20. 2025-11-04
    price $280,000
21. 2025-11-04
    price $309,000
22. 2025-08-27
    price $359,000
23. 2025-08-25
    listed $325,000 Active
24. 2017-05-26
    soldstatus $114,000 Closed 121-char remark

    Show marketing remark (121 chars)

    Adorable home on a large lot has 3 bedrooms 1 and 1/2 bathrooms. Large kitchen, bonus/family room. New carpet throughout.

25. 2017-04-25
    historical Contingent 121-char remark

    Show marketing remark (121 chars)

    Adorable home on a large lot has 3 bedrooms 1 and 1/2 bathrooms. Large kitchen, bonus/family room. New carpet throughout.

26. 2017-04-20
    price $114,900 121-char remark

    Show marketing remark (121 chars)

    Adorable home on a large lot has 3 bedrooms 1 and 1/2 bathrooms. Large kitchen, bonus/family room. New carpet throughout.

27. 2017-04-12
    price $119,000 121-char remark

    Show marketing remark (121 chars)

    Adorable home on a large lot has 3 bedrooms 1 and 1/2 bathrooms. Large kitchen, bonus/family room. New carpet throughout.

28. 2017-03-30
    listed $125,000 Active 121-char remark

    Show marketing remark (121 chars)

    Adorable home on a large lot has 3 bedrooms 1 and 1/2 bathrooms. Large kitchen, bonus/family room. New carpet throughout.

29. 2014-09-27
    historical
30. 2013-09-22
    historical
31. 2013-09-21
    historical
32. 2012-07-17
    listed $47,000
33. 2012-02-25
    listed $47,000
34. 2009-06-15
    soldstatus $24,000
35. 2009-04-27
    historical
36. 2009-03-23
    listed $29,900
37. 2006-01-04
    soldstatus $185,000
38. 2005-06-29
    price $44,900
39. 2005-06-29
    soldstatus $42,000
40. 2005-05-13
    listed $42,000
41. 1999-12-06
    soldstatus $47,700
42. 1999-12-01
    soldstatus $47,700
43. 1999-09-24
    listed $47,900
44. 1999-04-30
    soldstatus $22,000
45. 1999-04-26
    historical
46. 1999-02-17
    listed $29,900
47. 1998-01-29
    listed $49,900

ⓘ 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: $2,392 · $199/mo
• Projected year-2 tax: $2,490 · $208/mo
• Expected delta: +$98/yr (+$8/mo · 4.1%)

ⓘ 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 2/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥106°F today · 26 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: $23,315
• − Mortgage interest: −$16,805
• − Property taxes: −$2,392
• − Insurance: −$1,500
• − Repairs & maintenance: −$1,865
• − Management: −$1,865
• − Depreciation: −$8,727
• Taxable loss: −$9,840
• Est. tax savings @ 24.0%: +$2,362
• After-tax cash flow: $-1,991/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 — Fort Pierce South

• Score: 73/100
• State rank: #322
• US rank: #5656

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Fort Pierce South, FL
• County: Saint Lucie County · 337,150 people
• Metro: Port St. Lucie, FL
• Population (ZIP): 31,143
• Household income: $54,082
• Rent vs Own: 27.5% rent · 72.5% own
• Severe rent burden: 1086.0

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: Majority White (62%)
• Race & ethnicity: White 62% Hispanic / Latino 22% Two or more races 12% Black 12%
• Hispanic origin (detail): Mexican 10% Puerto Rican 3% Cuban 3%
• Common ancestry: Italian 7% Hispanic 2% Lithuanian 1%
• Foreign-born: 12% · Canada
• Languages at home: 80% English-only · Spanish 16% French/Haitian/Cajun 3%

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: ▼ -199.47%
• Current HPI: 397.2649
• Rent YoY: ▲ 7.42%
• 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

+501.2% since first listed

30 events — show timeline

• 2026-05-01 Listed $300,000 Beaches MLS
• 2025-11-28 Listing Removed — Beaches MLS
• 2025-11-04 Price Changed $280,000 Beaches MLS
• 2025-11-04 Price Changed $309,000 Beaches MLS
• 2025-08-27 Price Changed $359,000 Beaches MLS
• 2025-08-25 Listed $325,000 Beaches MLS
• 2017-05-26 Sold (MLS) $114,000 Beaches MLS
• 2017-04-25 Contingent — Beaches MLS
• 2017-04-20 Price Changed $114,900 Beaches MLS
• 2017-04-12 Price Changed $119,000 Beaches MLS
• 2017-03-30 Listed $125,000 Beaches MLS
• 2014-09-27 Listing Removed — Beaches MLS
• 2013-09-22 Listing Removed — Beaches MLS
• 2013-09-21 Listing Removed — Beaches MLS
• 2012-07-17 Listed $47,000 Beaches MLS
• 2012-02-25 Listed $47,000 Beaches MLS
• 2009-06-15 Sold (MLS) $24,000 Beaches MLS
• 2009-04-27 Listing Removed — Beaches MLS
• 2009-03-23 Listed $29,900 Beaches MLS
• 2006-01-04 Sold (Public Records) $185,000 Public Records
• 2005-06-29 Sold (MLS) $42,000 MCRTC
• 2005-06-29 Price Changed $44,900 MCRTC
• 2005-05-13 Listed $42,000 MCRTC
• 1999-12-06 Sold (Public Records) $47,700 Public Records
• 1999-12-01 Sold (MLS) $47,700 Beaches MLS
• 1999-09-24 Listed $47,900 Beaches MLS
• 1999-04-30 Sold (MLS) $22,000 Beaches MLS
• 1999-04-26 Listing Removed — Beaches MLS
• 1999-02-17 Listed $29,900 Beaches MLS
• 1998-01-29 Listed $49,900 Beaches MLS

Property tax history

+7.6%/yr

Latest (2025): $2,392 · +6.2% YoY. Source: county tax records.