3901 SE Saint Lucie Blvd #75 · Port Salerno, FL 34997

$295,000

2 bd · 2.5 ba · 1,515 sqft · Condo · 536 Days on market

Built 1974 $195/sqft · 29% below area Est $416k · 29% under $873/mo HOA · 27% of rent

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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 +15.0/15.0
• Cash flow +7.5/30.0
• 1% rule +5.9/10.0
• Schools +4.5/10.0
• Livability +3.5/5.0
• Rent growth +3.2/5.0
• Condition / age +2.5/5.0
• DSCR +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Every Mariner's Dream. Discover the lifestyle you've been waiting for in this ideally located boating community, quietly nestled in the protected harborage of the Manatee Pocket. W/ no bridges to navigate & quick access to 2 rivers, inlet, & Ocean, this is truly a boater's paradise. Affordable dockage is available for up to 32'. This peaceful 2 story townhome w/ 2 bdrm, 2.5 baths, w/ an eastern exposure that welcomes beautiful sunrises from the spacious primary bdrm or from the scrn. lanai. Most appliances are newer or replaced. (Dishwasher 12/24, Refrig. 2022,Microwave 2023) A/C serviced qrtrly. All windows are equipped w/ storm shutters for added protection. This sought after, gated community provides amenities, incuding 2 swimming pools(1 is heated, 1 w/ views of Manatee Pocket), marina w/ dockage for larger vessels, pickleball+tennis courts, clubhouse & workout rm, overlooks the Manatee Pocket, picnic area w/ grill, & on-site security. Schedule a visit. Building recently painted. Renovations in progress

Key facts

• Gated community
• Screen lanai
• Swimming pools

Tags

• BOATING COMMUNITY
• PEACEFUL CANAL
• SCREEN LANAI
• STORM SHUTTERS
• GATED COMMUNITY
• SWIMMING POOLS

What this means for you Summary

Snapshot

• This is a 2-bed/2.5-bath condo listed at $295k.

Deal economics

• At list price, monthly cash flow is $-428 ($-5k/yr) — negative.
• To cash-flow at today's rent, offer at most $233k (21.0% below list).
• Meets the 1% rule at list price ($3k rent vs $295k).
• Recommended offer: $233k (21.0% below list) — sets the bar for cash-flow.
• Cap rate 4.8% 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); Dr. David L. Anderson Middle School (math 51% / reading 46%, grade C-, #274 of 571 statewide, top 50%, 1,035 students, 63% FRL); Martin County High School (math 45% / reading 54%, grade D, #179 of 667 statewide, top 29%, 2,273 students, 42% FRL) — zoned schools average 60% FRL vs 41% district-wide (19 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+2.7%/yr); 595 active listings in the ZIP; 21 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).
• At $3,228/mo this rent would consume 50% of the median local household income ($78k/yr) (locally 1323% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

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.
• 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 536 days — a 12% lower offer ($260k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 28y ago; this cycle's ask has dropped $50k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $215k; 37% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo; HOA is 27% of rent.
• Climate carrying-cost: severe flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $233,088 (21.0% 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 536 days. Have you received any prior offers? Is the seller open to a 21% concession, seller financing, or rate buy-down credit?
3. Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
5. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
6. 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?
7. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
8. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
9. 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?
10. 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?
11. 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.
12. 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.
13. 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: 1.09% ✓
• Cap rate: 4.82%
• Cash-on-cash: -5.25%
• DSCR: 0.77
• GRM: 7.6

CMA / ARV

• ARV (median comp): $415,792
• List price: $295,000
• Delta: -29.05%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 2.71% rent growth · sell at horizon

5-year hold

• IRR: -27.2%
• Equity multiple: 0.09×
• Total profit: $-75,366
• Equity at exit: $43,985

10-year hold

• IRR: -25.6%
• Equity multiple: -0.23×
• Total profit: $-102,006
• Equity at exit: $25,506

Cash invested: $82,600 (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 34997

• Rents YoY: 2.7%
• Active inventory: 595
• Price-to-rent: 7.6×

Monthly cashflow live

• Estimated rent: $3,228 high
• Mortgage (P&I): −$1,547
• Tax est. 1.5%: −$369 /mo · $4,425/yr
• Insurance: −$123
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$873
• Vacancy / Maint / Mgmt: −$678
• Net cashflow: $-428

Break-even live

Break-even rent $3,770

Max offer price $233,088

Occupancy floor —

Sensitivity live

Price	-10% $-224	-5% $-326	+0% $-428	+5% $-530	+10% $-632
Rent	-10% $-683	-5% $-555	+0% $-428	+5% $-300	+10% $-173
Rate	-1.0pp $-279	-0.5pp $-353	base $-428	+0.5pp $-504	+1.0pp $-582

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: $73,750
• Closing costs: $8,850
• Reserves months: —
• Total cash needed: —

Rent comps 21 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4095 SE Centerboard Ln Unit 6B Stuart, FL	2.0	2.0	1154	$3,750	$3.25	25d	1	0.05mi
3901 SE Saint Lucie Blvd Stuart, FL	2.0	2.0–2.5	1407	$3,875	$2.75	25d	4	0.09mi
3901 SE Saint Lucie Blvd Unit D29 Stuart, FL	2.0	2.0	1460	$3,000	$2.05	25d	1	0.10mi
4189 SE Saint Lucie Blvd Stuart, FL	2.0	2.5	1760	$5,500	$3.12	25d	1	0.16mi
4107 SE Barcelona St Stuart, FL	2.0	1.0	1224	$2,500	$2.04	25d	1	0.39mi
4710 SE Glenridge Trl Stuart, FL	3.0	2.0	1442	$3,300	$2.29	15d	1	0.63mi
4002 SE Fairway W Stuart, FL	3.0	2.0	1769	$3,200	$1.81	25d	1	0.64mi
3257 SE Brook St Unit 3234 Stuart, FL	2.0	2.0	1400	$2,119	$1.51	25d	1	0.88mi
4650 SE Manatee Way Stuart, FL	3.0	2.5	1764	$5,900	$3.34	25d	1	0.89mi
3299 SE Garden St Stuart, FL	3.0	2.0	1360	$2,410	$1.77	25d	1	0.94mi
4885 SE Capstan Ave #27 Stuart, FL	2.0	2.0	1273	$2,500	$1.96	25d	1	0.97mi
5280 SE Seascape Way #101 Stuart, FL	3.0	3.0	1561	$2,500	$1.60	15d	1	1.03mi
5300 SE Schooner Oaks Way Stuart, FL	3.0	2.0	1600	$3,700	$2.31	25d	1	1.06mi
3003 SE Fairmont St Stuart, FL	3.0	2.0	1366	$2,500	$1.83	15d	1	1.06mi
4621 SE Shady Ridge Ln Stuart, FL	2.0	1.0	1660	$2,100	$1.27	15d	1	1.15mi
4585 SE Federal Hwy Stuart, FL	1.0–3.0	1.0–2.0	1015	$2,326	$2.29	15d	27	1.24mi
2410 SE Tarvest Way Stuart, FL	3.0	2.5	1475	$2,500	$1.69	15d	1	1.26mi
2641 SE Clayton St Unit 2641 Stuart, FL	3.0	1.5	1150	$2,400	$2.09	25d	1	1.33mi
5403 SE Miles Grant Rd Stuart, FL	2.0	2.0	1186	$1,750	$1.48	25d	2	1.38mi
2277 SE Monroe St Stuart, FL	3.0	2.0	1128	$2,800	$2.48	15d	1	1.48mi
5601 SE Laguna Ave Stuart, FL	2.0	1.0	1080	$2,200	$2.04	15d	1	1.50mi

HOA detail condo

• Monthly dues: $873 · $10,476/yr
• Likely covers: poolsecurity
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 46 events

1. 2026-06-21
   days on market $295,000 Active 536 DOM
2. 2026-06-18
   days on market $295,000 Active 533 DOM
3. 2026-06-17
   days on market $295,000 Active 532 DOM
4. 2026-06-16
   days on market $295,000 Active 531 DOM
5. 2026-06-15
   days on market $295,000 Active 530 DOM
6. 2026-06-14
   days on market $295,000 Active 528 DOM
7. 2026-06-13
   days on market $295,000 Active 527 DOM
8. 2026-06-10
   days on market $295,000 Active 525 DOM
9. 2026-06-09
   days on market $295,000 Active 524 DOM
10. 2026-06-08
    days on market $295,000 Active 523 DOM
11. 2026-06-07
    days on market $295,000 Active 522 DOM
12. 2026-06-03
    days on market $295,000 Active 518 DOM
13. 2026-06-02
    days on market $295,000 Active 517 DOM
14. 2026-06-01
    days on market $295,000 Active 516 DOM
15. 2026-05-31
    days on market $295,000 Active 515 DOM
16. 2026-05-31
    days on market $295,000 Active 514 DOM
17. 2026-04-07
    price $295,000 1044-char remark

    Show marketing remark (1044 chars)

    Every Mariner's Dream. Discover the lifestyle you've been waiting for in this ideally located boating community, quietly nestled in the protected harborage of the Manatee Pocket. W/ no bridges to navigate & quick access to 2 rivers, inlet, & Ocean, this is truly a boater's paradise. Affordable dockage is available for up to 32'. This peaceful 2 story townhome w/ 2 bdrm, 2.5 baths, w/ an eastern exposure that welcomes beautiful sunrises from the spacious primary bdrm or from the scrn. lanai. Most appliances are newer or replaced. (Dishwasher 12/24, Refrig. 2022,Microwave 2023) A/C serviced qrtrly. All windows are equipped w/ storm shutters for added protection. This sought after, gated community provides amenities, incuding 2 swimming pools(1 is heated, 1 w/ views of Manatee Pocket), marina w/ dockage for larger vessels, pickleball+tennis courts, clubhouse & workout rm, overlooks the Manatee Pocket, picnic area w/ grill, & on-site security. Schedule a visit. Building recently painted. Renovations in progress

18. 2026-03-16
    price $309,000 1044-char remark

    Show marketing remark (1044 chars)

    Every Mariner's Dream. Discover the lifestyle you've been waiting for in this ideally located boating community, quietly nestled in the protected harborage of the Manatee Pocket. W/ no bridges to navigate & quick access to 2 rivers, inlet, & Ocean, this is truly a boater's paradise. Affordable dockage is available for up to 32'. This peaceful 2 story townhome w/ 2 bdrm, 2.5 baths, w/ an eastern exposure that welcomes beautiful sunrises from the spacious primary bdrm or from the scrn. lanai. Most appliances are newer or replaced. (Dishwasher 12/24, Refrig. 2022,Microwave 2023) A/C serviced qrtrly. All windows are equipped w/ storm shutters for added protection. This sought after, gated community provides amenities, incuding 2 swimming pools(1 is heated, 1 w/ views of Manatee Pocket), marina w/ dockage for larger vessels, pickleball+tennis courts, clubhouse & workout rm, overlooks the Manatee Pocket, picnic area w/ grill, & on-site security. Schedule a visit. Building recently painted. Renovations in progress

19. 2025-04-10
    price $319,900 1044-char remark

    Show marketing remark (1044 chars)

    Every Mariner's Dream. Discover the lifestyle you've been waiting for in this ideally located boating community, quietly nestled in the protected harborage of the Manatee Pocket. W/ no bridges to navigate & quick access to 2 rivers, inlet, & Ocean, this is truly a boater's paradise. Affordable dockage is available for up to 32'. This peaceful 2 story townhome w/ 2 bdrm, 2.5 baths, w/ an eastern exposure that welcomes beautiful sunrises from the spacious primary bdrm or from the scrn. lanai. Most appliances are newer or replaced. (Dishwasher 12/24, Refrig. 2022,Microwave 2023) A/C serviced qrtrly. All windows are equipped w/ storm shutters for added protection. This sought after, gated community provides amenities, incuding 2 swimming pools(1 is heated, 1 w/ views of Manatee Pocket), marina w/ dockage for larger vessels, pickleball+tennis courts, clubhouse & workout rm, overlooks the Manatee Pocket, picnic area w/ grill, & on-site security. Schedule a visit. Building recently painted. Renovations in progress

20. 2025-02-12
    price $329,900 1044-char remark

    Show marketing remark (1044 chars)

    Every Mariner's Dream. Discover the lifestyle you've been waiting for in this ideally located boating community, quietly nestled in the protected harborage of the Manatee Pocket. W/ no bridges to navigate & quick access to 2 rivers, inlet, & Ocean, this is truly a boater's paradise. Affordable dockage is available for up to 32'. This peaceful 2 story townhome w/ 2 bdrm, 2.5 baths, w/ an eastern exposure that welcomes beautiful sunrises from the spacious primary bdrm or from the scrn. lanai. Most appliances are newer or replaced. (Dishwasher 12/24, Refrig. 2022,Microwave 2023) A/C serviced qrtrly. All windows are equipped w/ storm shutters for added protection. This sought after, gated community provides amenities, incuding 2 swimming pools(1 is heated, 1 w/ views of Manatee Pocket), marina w/ dockage for larger vessels, pickleball+tennis courts, clubhouse & workout rm, overlooks the Manatee Pocket, picnic area w/ grill, & on-site security. Schedule a visit. Building recently painted. Renovations in progress

21. 2025-01-01
    listed $345,000 Active 1044-char remark

    Show marketing remark (1044 chars)

    Every Mariner's Dream. Discover the lifestyle you've been waiting for in this ideally located boating community, quietly nestled in the protected harborage of the Manatee Pocket. W/ no bridges to navigate & quick access to 2 rivers, inlet, & Ocean, this is truly a boater's paradise. Affordable dockage is available for up to 32'. This peaceful 2 story townhome w/ 2 bdrm, 2.5 baths, w/ an eastern exposure that welcomes beautiful sunrises from the spacious primary bdrm or from the scrn. lanai. Most appliances are newer or replaced. (Dishwasher 12/24, Refrig. 2022,Microwave 2023) A/C serviced qrtrly. All windows are equipped w/ storm shutters for added protection. This sought after, gated community provides amenities, incuding 2 swimming pools(1 is heated, 1 w/ views of Manatee Pocket), marina w/ dockage for larger vessels, pickleball+tennis courts, clubhouse & workout rm, overlooks the Manatee Pocket, picnic area w/ grill, & on-site security. Schedule a visit. Building recently painted. Renovations in progress

22. 2020-08-17
    soldstatus $215,000 Closed 506-char remark

    Show marketing remark (506 chars)

    Relaxing water views and ocean access are highlights of this hidden jewel of a condo on the Treasure Coast of Florida. Boat slips for rent for boats up to 26’ on first come, first serve basis from condo association, check availability. This 2 BR, 2.5 bath 2-story condo has granite kitchen counters and newer appliances, laminate wood flooring and newer carpeting. Large walk-in closet in master bedroom. AC 2017. Accordion shutters and large storage closet on screened patio. Pick-up trucks allowed.

23. 2020-07-25
    status Pending 506-char remark

    Show marketing remark (506 chars)

    Relaxing water views and ocean access are highlights of this hidden jewel of a condo on the Treasure Coast of Florida. Boat slips for rent for boats up to 26’ on first come, first serve basis from condo association, check availability. This 2 BR, 2.5 bath 2-story condo has granite kitchen counters and newer appliances, laminate wood flooring and newer carpeting. Large walk-in closet in master bedroom. AC 2017. Accordion shutters and large storage closet on screened patio. Pick-up trucks allowed.

24. 2020-07-18
    historical Active Under Contract 506-char remark

    Show marketing remark (506 chars)

    Relaxing water views and ocean access are highlights of this hidden jewel of a condo on the Treasure Coast of Florida. Boat slips for rent for boats up to 26’ on first come, first serve basis from condo association, check availability. This 2 BR, 2.5 bath 2-story condo has granite kitchen counters and newer appliances, laminate wood flooring and newer carpeting. Large walk-in closet in master bedroom. AC 2017. Accordion shutters and large storage closet on screened patio. Pick-up trucks allowed.

25. 2020-06-02
    price $215,000 506-char remark

    Show marketing remark (506 chars)

    Relaxing water views and ocean access are highlights of this hidden jewel of a condo on the Treasure Coast of Florida. Boat slips for rent for boats up to 26’ on first come, first serve basis from condo association, check availability. This 2 BR, 2.5 bath 2-story condo has granite kitchen counters and newer appliances, laminate wood flooring and newer carpeting. Large walk-in closet in master bedroom. AC 2017. Accordion shutters and large storage closet on screened patio. Pick-up trucks allowed.

26. 2020-05-21
    price $220,000 506-char remark

    Show marketing remark (506 chars)

    Relaxing water views and ocean access are highlights of this hidden jewel of a condo on the Treasure Coast of Florida. Boat slips for rent for boats up to 26’ on first come, first serve basis from condo association, check availability. This 2 BR, 2.5 bath 2-story condo has granite kitchen counters and newer appliances, laminate wood flooring and newer carpeting. Large walk-in closet in master bedroom. AC 2017. Accordion shutters and large storage closet on screened patio. Pick-up trucks allowed.

27. 2020-05-08
    price $223,000 506-char remark

    Show marketing remark (506 chars)

    Relaxing water views and ocean access are highlights of this hidden jewel of a condo on the Treasure Coast of Florida. Boat slips for rent for boats up to 26’ on first come, first serve basis from condo association, check availability. This 2 BR, 2.5 bath 2-story condo has granite kitchen counters and newer appliances, laminate wood flooring and newer carpeting. Large walk-in closet in master bedroom. AC 2017. Accordion shutters and large storage closet on screened patio. Pick-up trucks allowed.

28. 2020-03-30
    price $228,000 506-char remark

    Show marketing remark (506 chars)

    Relaxing water views and ocean access are highlights of this hidden jewel of a condo on the Treasure Coast of Florida. Boat slips for rent for boats up to 26’ on first come, first serve basis from condo association, check availability. This 2 BR, 2.5 bath 2-story condo has granite kitchen counters and newer appliances, laminate wood flooring and newer carpeting. Large walk-in closet in master bedroom. AC 2017. Accordion shutters and large storage closet on screened patio. Pick-up trucks allowed.

29. 2020-03-10
    price $229,000 506-char remark

    Show marketing remark (506 chars)

    Relaxing water views and ocean access are highlights of this hidden jewel of a condo on the Treasure Coast of Florida. Boat slips for rent for boats up to 26’ on first come, first serve basis from condo association, check availability. This 2 BR, 2.5 bath 2-story condo has granite kitchen counters and newer appliances, laminate wood flooring and newer carpeting. Large walk-in closet in master bedroom. AC 2017. Accordion shutters and large storage closet on screened patio. Pick-up trucks allowed.

30. 2020-01-30
    price $234,000 506-char remark

    Show marketing remark (506 chars)

    Relaxing water views and ocean access are highlights of this hidden jewel of a condo on the Treasure Coast of Florida. Boat slips for rent for boats up to 26’ on first come, first serve basis from condo association, check availability. This 2 BR, 2.5 bath 2-story condo has granite kitchen counters and newer appliances, laminate wood flooring and newer carpeting. Large walk-in closet in master bedroom. AC 2017. Accordion shutters and large storage closet on screened patio. Pick-up trucks allowed.

31. 2020-01-08
    price $239,000 506-char remark

    Show marketing remark (506 chars)

    Relaxing water views and ocean access are highlights of this hidden jewel of a condo on the Treasure Coast of Florida. Boat slips for rent for boats up to 26’ on first come, first serve basis from condo association, check availability. This 2 BR, 2.5 bath 2-story condo has granite kitchen counters and newer appliances, laminate wood flooring and newer carpeting. Large walk-in closet in master bedroom. AC 2017. Accordion shutters and large storage closet on screened patio. Pick-up trucks allowed.

32. 2019-11-22
    listed $245,000 Active 506-char remark

    Show marketing remark (506 chars)

    Relaxing water views and ocean access are highlights of this hidden jewel of a condo on the Treasure Coast of Florida. Boat slips for rent for boats up to 26’ on first come, first serve basis from condo association, check availability. This 2 BR, 2.5 bath 2-story condo has granite kitchen counters and newer appliances, laminate wood flooring and newer carpeting. Large walk-in closet in master bedroom. AC 2017. Accordion shutters and large storage closet on screened patio. Pick-up trucks allowed.

33. 2018-10-26
    soldstatus $225,000 Closed
34. 2018-09-24
    status Pending
35. 2018-09-10
    price $237,500
36. 2018-08-23
    price $239,000
37. 2018-07-27
    historical
38. 2018-07-21
    listed $240,500 Active
39. 2018-07-11
    price $240,500
40. 2018-05-31
    price $244,900
41. 2018-05-22
    price $254,500
42. 2018-04-23
    listed $268,500 Active
43. 2002-04-24
    soldstatus $139,000
44. 2001-11-01
    listed $141,900
45. 1999-04-14
    soldstatus $122,000
46. 1998-11-03
    listed $129,900

ⓘ 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 10/10 Extreme FEMA zone X (shaded) · 99% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥106°F today · 23 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $38,738
• − Mortgage interest: −$16,525
• − Property taxes: −$4,425
• − Insurance: −$2,272
• − Repairs & maintenance: −$3,099
• − Management: −$3,099
• − HOA: −$10,476
• − Depreciation: −$8,582
• Taxable loss: −$9,740
• Est. tax savings @ 24.0%: +$2,338
• After-tax cash flow: $-2,797/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

• 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
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+127.1% since first listed

30 events — show timeline

• 2026-04-07 Price Changed $295,000 MCRTC
• 2026-03-16 Price Changed $309,000 MCRTC
• 2025-04-10 Price Changed $319,900 MCRTC
• 2025-02-12 Price Changed $329,900 MCRTC
• 2025-01-01 Listed $345,000 MCRTC
• 2020-08-17 Sold (MLS) $215,000 MCRTC
• 2020-07-25 Pending — MCRTC
• 2020-07-18 Contingent — MCRTC
• 2020-06-02 Price Changed $215,000 MCRTC
• 2020-05-21 Price Changed $220,000 MCRTC
• 2020-05-08 Price Changed $223,000 MCRTC
• 2020-03-30 Price Changed $228,000 MCRTC
• 2020-03-10 Price Changed $229,000 MCRTC
• 2020-01-30 Price Changed $234,000 MCRTC
• 2020-01-08 Price Changed $239,000 MCRTC
• 2019-11-22 Listed $245,000 MCRTC
• 2018-10-26 Sold (MLS) $225,000 Beaches MLS
• 2018-09-24 Pending — Beaches MLS
• 2018-09-10 Price Changed $237,500 Beaches MLS
• 2018-08-23 Price Changed $239,000 Beaches MLS
• 2018-07-27 Listing Removed — MCRTC
• 2018-07-21 Listed $240,500 Beaches MLS
• 2018-07-11 Price Changed $240,500 MCRTC
• 2018-05-31 Price Changed $244,900 MCRTC
• 2018-05-22 Price Changed $254,500 MCRTC
• 2018-04-23 Listed $268,500 MCRTC
• 2002-04-24 Sold (MLS) $139,000 MCRTC
• 2001-11-01 Listed $141,900 MCRTC
• 1999-04-14 Sold (MLS) $122,000 MCRTC
• 1998-11-03 Listed $129,900 MCRTC