6950 SE Congress St · Hobe Sound, 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 3/10 · Minor
- 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
- 24 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 +22.2/30.0
- DSCR +7.1/10.0
- 1% rule +5.2/10.0
- Schools +4.5/10.0
- Livability +3.5/5.0
- Rent growth +3.0/5.0
- Condition / age +2.5/5.0
- ARV discount +0.0/15.0
- Appreciation +0.0/10.0
$249,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
SELLER MOTIVATED to sell Quickly, All Offers considered. for this Handymans Doublewide in the desireable 55+ Cambridge at Heritage Ridge South located in the historic unincorporated town of Hobe Sound. No Land lease, Own the land your home sits on. As is sale for Low HOA in this active community, includes cable, access to Clubhouse, swimming pool, billiard room, exercise room, & shuffleboard. Registered Boat with trailer or RV permitted for storage in this section of well maintained community. Close to shopping and within 15 minute drive to nearest beaches. Option to purchase for land only with tear down replace possible.
Key facts
- New siding
- New flooring
- Brand new cabinets
Tags
Property features AI
Finance
- Other: Senior community; Pets allowed (dogs OK)
- Financial info: Not a land-lease property
- HOA & community: Has association: Cambridge at Heritage Ridge South; Association amenities include billiard room, clubhouse, fitness center, game room, pool, heated pool, shuffleboard court, community room; Association fee $1,500 annually (includes cable TV, common areas, common real estate tax, recreation facility)
Exterior
- Parking: 3 total parking spaces (including 1 covered/carport space and 2 open spaces); Attached carport; Concrete driveway; Guest parking; RV access/parking; Golf cart parking; Boat access/parking
- Utilities: Public water; Public sewer; 220 volt electric; Cable available; Water available; Sewer available
- Home design: Manufactured home (double wide); One story; Resale, updated/remodeled; Faces north; Located east of US-1
- Construction: Modular construction; Mobile home remains; Other roof; Other skirt
- Exterior features: Shed(s); Paved road surface; No waterfront
Interior
- Kitchen: Dishwasher; Electric range; Refrigerator
- Bedrooms: 3 bedrooms on the main level
- Flooring: Laminate; Wood
- Bathrooms: 2 full bathrooms
- Heating & cooling: Heat pump; Other heating; Ceiling fan(s); Ductless cooling; Heat pump cooling; Other cooling
- Interior features: Walk-in closet(s); Unfurnished
- Laundry & utility: Laundry closet inside
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath manufactured listed at $249k.
Deal economics
- At list price, monthly cash flow is $403 ($5k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($3k rent vs $249k).
- Recommended offer: $245k (1.5% below list) — sets the bar for market timing.
- Cap rate 8.2% vs local median 3.5% in Hobe Sound — 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 (#497 in FL) — a middle-class / working-renter tenant base. Strengths: housing A+, crime A, cost of living A; Watch: employment C-, 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: 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 60% FRL vs 41% district-wide (19 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Market conditions: Rents rising (+1.8%/yr); 279 active listings in the ZIP; 21 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 737 units permitted in Martin County in 2024 (167 in 5+ unit buildings).
- This rent runs 43% of the median local income ($70k/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 27 days — a 2% lower offer ($245k) is reasonable based on typical stale-listing flexibility.
- 8 sale attempts since 27y 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 $120k; list at $249k implies a 108% 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→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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 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
- 1.02% ✓
- Cap rate
- 8.24%
- Cash-on-cash
- 6.94%
- DSCR
- 1.31
- GRM
- 8.1
CMA / ARV
- ARV (median comp)
- $206,223
- List price
- $249,000
- Delta
- 20.74%
- Verdict
- OVERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 8031 SE Homestead Ave | 0.23mi | 2/2.0 | 1,322 (-2%) | 1mo | $169,000 | $128 | 86 |
| 7955 SE Independence Ave | 0.28mi | 2/2.0 | 1,279 (-5%) | 1mo | $234,500 | $183 | 78 |
| 7107 SE Seahawk St | 0.23mi | 2/2.0 | 1,236 (-8%) | 1mo | $215,000 | $174 | 75 |
| 8508 SE Swan Ave | 0.33mi | 2/2.0 | 1,248 (-7%) | 0mo | $195,000 | $156 | 72 |
| 7338 SE Redbird Cir | 0.24mi | 3/2.0 (+1) | 1,224 (-9%) | 1mo | $202,000 | $165 | 68 |
| 7874 SE Saratoga Dr | 0.40mi | 2/2.0 | 1,485 (+10%) | 1mo | $225,000 | $152 | 63 |
| 7924 SE Saratoga Dr | 0.35mi | 2/2.0 | 1,513 (+13%) | 2mo | $285,000 | $188 | 61 |
| 7148 SE Seahawk St | 0.27mi | 3/2.0 (+1) | 1,180 (-12%) | 1mo | $205,000 | $174 | 61 |
| 7843 SE Saratoga Dr | 0.43mi | 2/2.0 | 1,505 (+12%) | 1mo | $230,000 | $153 | 59 |
| 7829 SE Eagle Ave | 0.39mi | 2/2.0 | 1,152 (-14%) | 2mo | $207,000 | $180 | 56 |
| 7660 SE Shenandoah Dr SE | 0.60mi | 2/2.0 | 1,475 (+10%) | 2mo | $236,000 | $160 | 54 |
| 7630 SE Shenandoah Dr | 0.63mi | 3/2.0 (+1) | 1,531 (+14%) | 1mo | $185,000 | $121 | 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 · 1.8% rent growth · sell at horizon
- IRR
- -7.0%
- Equity multiple
- 0.75×
- Total profit
- $-17,729
- Equity at exit
- $37,127
- IRR
- 1.1%
- Equity multiple
- 1.08×
- Total profit
- $5,345
- Equity at exit
- $21,529
Cash invested: $69,720 (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 33455
- Rents YoY
- 1.8%
- Active inventory
- 279
- Price-to-rent
- 8.1×
Monthly cashflow live
- Estimated rent
- $2,547 high interval (Pro) →
- Mortgage (P&I)
- −$1,306
- Tax from tax record
- −$74 /mo · $890/yr
- Insurance
- −$104
- HOA
- −$125
- Vacancy / Maint / Mgmt
- −$535
- Net cashflow
- $403
Break-even live
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
- $62,250
- Closing costs
- $7,470
- 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 21 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 7030 SE Ridgeway Ter Hobe Sound, FL | 3.0 | 2.0 | 1296 | $2,500 | $1.93 | 23d | 1 | 0.19mi |
| 8002 SE Skylark Ave Hobe Sound, FL | 3.0 | 2.0 | 990 | $2,000 | $2.02 | 23d | 1 | 0.32mi |
| 7894 SE Saratoga Dr Hobe Sound, FL | 2.0 | 2.0 | 1248 | $2,100 | $1.68 | 23d | 1 | 0.35mi |
| 7568 SE Swan Ave Hobe Sound, FL | 2.0 | 2.0 | 1052 | $2,300 | $2.19 | 23d | 1 | 0.56mi |
| 7607 SE Hobe Ter Hobe Sound, FL | 2.0 | 2.0 | 1156 | $2,200 | $1.90 | 13d | 1 | 0.59mi |
| 7462 SE Jamestown Ter Hobe Sound, FL | 2.0 | 2.0 | 1384 | $2,500 | $1.81 | 23d | 1 | 0.68mi |
| 7442 SE Jamestown Ter Hobe Sound, FL | 2.0 | 2.0 | 1384 | $1,800 | $1.30 | 23d | 1 | 0.73mi |
| 8350 SE Sweetbay Dr Hobe Sound, FL | 2.0 | 2.0 | 1606 | $3,500 | $2.18 | 23d | 1 | 0.76mi |
| 7445 SE Independence Ave Hobe Sound, FL | 2.0 | 2.0 | 1198 | $1,900 | $1.59 | 23d | 1 | 0.76mi |
| 8905 SE Sandy Ln Hobe Sound, FL | 2.0 | 2.0 | 1006 | $1,850 | $1.84 | 23d | 1 | 0.77mi |
| 8997 SE Sandy Ln Hobe Sound, FL | 2.0 | 1.0 | 900 | $2,000 | $2.22 | 23d | 1 | 0.84mi |
| 9073 SE Hobe Ridge Ave Hobe Sound, FL | 2.0 | 2.0 | 1029 | $2,100 | $2.04 | 13d | 1 | 0.92mi |
| 6024 SE Crooked Oak Ave Hobe Sound, FL | 3.0 | 2.0 | 1800 | $3,200 | $1.78 | 23d | 1 | 0.98mi |
| 8014 SE Carlton St Hobe Sound, FL | 3.0 | 2.0 | 1463 | $3,500 | $2.39 | 23d | 1 | 1.12mi |
| 6215 SE Georgetown Pl Hobe Sound, FL | 2.0 | 2.0 | 1202 | $2,600 | $2.16 | 23d | 1 | 1.13mi |
| 6845 SE Bunker Hill Dr Hobe Sound, FL | 2.0 | 2.0 | 1552 | $3,500 | $2.26 | 13d | 1 | 1.15mi |
| 9650 SE Eagle Ave Hobe Sound, FL | 2.0 | 2.0–2.5 | 1241 | $2,330 | $1.88 | 23d | 5 | 1.34mi |
| 8455 SE Palm St Hobe Sound, FL | 2.0 | 2.0 | 1423 | $4,700 | $3.30 | 13d | 1 | 1.37mi |
| 9627 Crest Ct Hobe Sound, FL | 2.0 | 2.0 | 1400 | $2,500 | $1.79 | 13d | 1 | 1.44mi |
| 8585 SE Palm St Hobe Sound, FL | 2.0 | 2.0 | 1304 | $10,000 | $7.67 | 13d | 1 | 1.46mi |
| 8585 SE Palm St Hobe Sound, FL | 2.0 | 2.0 | 1304 | $10,000 | $7.67 | 23d | 1 | 1.46mi |
HOA detail
- Monthly dues
- $125 · $1,500/yr
- Likely covers
- cablepool
Listing history 36 events
-
2026-06-13status $249,000 Pending 27 DOM
-
2026-06-10days on market $249,000 Active 27 DOM
-
2026-06-09days on market $249,000 Active 26 DOM
-
2026-06-08days on market $249,000 Active 25 DOM
-
2026-06-07days on market $249,000 Active 24 DOM
-
2026-06-03days on market $249,000 Active 20 DOM
-
2026-06-02days on market $249,000 Active 19 DOM
-
2026-06-01days on market $249,000 Active 18 DOM
-
2026-05-31days on market $249,000 Active 17 DOM
-
2026-05-31days on market $249,000 Active 16 DOM
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2026-05-14$249,000 Active 845-char remark
-
2025-06-18soldstatus $120,000
-
2025-06-16soldstatus $120,000 Closed 633-char remark
Show marketing remark (633 chars)
SELLER MOTIVATED to sell Quickly, All Offers considered. for this Handymans Doublewide in the desireable 55+ Cambridge at Heritage Ridge South located in the historic unincorporated town of Hobe Sound. No Land lease, Own the land your home sits on. As is sale for Low HOA in this active community, includes cable, access to Clubhouse, swimming pool, billiard room, exercise room, & shuffleboard. Registered Boat with trailer or RV permitted for storage in this section of well maintained community. Close to shopping and within 15 minute drive to nearest beaches. Option to purchase for land only with tear down replace possible.
-
2025-05-16historical Active Under Contract 633-char remark
Show marketing remark (633 chars)
SELLER MOTIVATED to sell Quickly, All Offers considered. for this Handymans Doublewide in the desireable 55+ Cambridge at Heritage Ridge South located in the historic unincorporated town of Hobe Sound. No Land lease, Own the land your home sits on. As is sale for Low HOA in this active community, includes cable, access to Clubhouse, swimming pool, billiard room, exercise room, & shuffleboard. Registered Boat with trailer or RV permitted for storage in this section of well maintained community. Close to shopping and within 15 minute drive to nearest beaches. Option to purchase for land only with tear down replace possible.
-
2025-04-11status Active 633-char remark
Show marketing remark (633 chars)
SELLER MOTIVATED to sell Quickly, All Offers considered. for this Handymans Doublewide in the desireable 55+ Cambridge at Heritage Ridge South located in the historic unincorporated town of Hobe Sound. No Land lease, Own the land your home sits on. As is sale for Low HOA in this active community, includes cable, access to Clubhouse, swimming pool, billiard room, exercise room, & shuffleboard. Registered Boat with trailer or RV permitted for storage in this section of well maintained community. Close to shopping and within 15 minute drive to nearest beaches. Option to purchase for land only with tear down replace possible.
-
2025-04-11historical 633-char remark
Show marketing remark (633 chars)
SELLER MOTIVATED to sell Quickly, All Offers considered. for this Handymans Doublewide in the desireable 55+ Cambridge at Heritage Ridge South located in the historic unincorporated town of Hobe Sound. No Land lease, Own the land your home sits on. As is sale for Low HOA in this active community, includes cable, access to Clubhouse, swimming pool, billiard room, exercise room, & shuffleboard. Registered Boat with trailer or RV permitted for storage in this section of well maintained community. Close to shopping and within 15 minute drive to nearest beaches. Option to purchase for land only with tear down replace possible.
-
2025-04-01price $129,000 633-char remark
Show marketing remark (633 chars)
SELLER MOTIVATED to sell Quickly, All Offers considered. for this Handymans Doublewide in the desireable 55+ Cambridge at Heritage Ridge South located in the historic unincorporated town of Hobe Sound. No Land lease, Own the land your home sits on. As is sale for Low HOA in this active community, includes cable, access to Clubhouse, swimming pool, billiard room, exercise room, & shuffleboard. Registered Boat with trailer or RV permitted for storage in this section of well maintained community. Close to shopping and within 15 minute drive to nearest beaches. Option to purchase for land only with tear down replace possible.
-
2025-02-07price $159,000 633-char remark
Show marketing remark (633 chars)
SELLER MOTIVATED to sell Quickly, All Offers considered. for this Handymans Doublewide in the desireable 55+ Cambridge at Heritage Ridge South located in the historic unincorporated town of Hobe Sound. No Land lease, Own the land your home sits on. As is sale for Low HOA in this active community, includes cable, access to Clubhouse, swimming pool, billiard room, exercise room, & shuffleboard. Registered Boat with trailer or RV permitted for storage in this section of well maintained community. Close to shopping and within 15 minute drive to nearest beaches. Option to purchase for land only with tear down replace possible.
-
2025-01-22price $184,000 633-char remark
Show marketing remark (633 chars)
SELLER MOTIVATED to sell Quickly, All Offers considered. for this Handymans Doublewide in the desireable 55+ Cambridge at Heritage Ridge South located in the historic unincorporated town of Hobe Sound. No Land lease, Own the land your home sits on. As is sale for Low HOA in this active community, includes cable, access to Clubhouse, swimming pool, billiard room, exercise room, & shuffleboard. Registered Boat with trailer or RV permitted for storage in this section of well maintained community. Close to shopping and within 15 minute drive to nearest beaches. Option to purchase for land only with tear down replace possible.
-
2024-12-27status Active 633-char remark
Show marketing remark (633 chars)
SELLER MOTIVATED to sell Quickly, All Offers considered. for this Handymans Doublewide in the desireable 55+ Cambridge at Heritage Ridge South located in the historic unincorporated town of Hobe Sound. No Land lease, Own the land your home sits on. As is sale for Low HOA in this active community, includes cable, access to Clubhouse, swimming pool, billiard room, exercise room, & shuffleboard. Registered Boat with trailer or RV permitted for storage in this section of well maintained community. Close to shopping and within 15 minute drive to nearest beaches. Option to purchase for land only with tear down replace possible.
-
2024-12-11historical 633-char remark
Show marketing remark (633 chars)
SELLER MOTIVATED to sell Quickly, All Offers considered. for this Handymans Doublewide in the desireable 55+ Cambridge at Heritage Ridge South located in the historic unincorporated town of Hobe Sound. No Land lease, Own the land your home sits on. As is sale for Low HOA in this active community, includes cable, access to Clubhouse, swimming pool, billiard room, exercise room, & shuffleboard. Registered Boat with trailer or RV permitted for storage in this section of well maintained community. Close to shopping and within 15 minute drive to nearest beaches. Option to purchase for land only with tear down replace possible.
-
2024-12-10$199,000 Active 633-char remark
Show marketing remark (633 chars)
SELLER MOTIVATED to sell Quickly, All Offers considered. for this Handymans Doublewide in the desireable 55+ Cambridge at Heritage Ridge South located in the historic unincorporated town of Hobe Sound. No Land lease, Own the land your home sits on. As is sale for Low HOA in this active community, includes cable, access to Clubhouse, swimming pool, billiard room, exercise room, & shuffleboard. Registered Boat with trailer or RV permitted for storage in this section of well maintained community. Close to shopping and within 15 minute drive to nearest beaches. Option to purchase for land only with tear down replace possible.
-
2024-12-04historical $199,000 633-char remark
Show marketing remark (633 chars)
SELLER MOTIVATED to sell Quickly, All Offers considered. for this Handymans Doublewide in the desireable 55+ Cambridge at Heritage Ridge South located in the historic unincorporated town of Hobe Sound. No Land lease, Own the land your home sits on. As is sale for Low HOA in this active community, includes cable, access to Clubhouse, swimming pool, billiard room, exercise room, & shuffleboard. Registered Boat with trailer or RV permitted for storage in this section of well maintained community. Close to shopping and within 15 minute drive to nearest beaches. Option to purchase for land only with tear down replace possible.
-
2005-04-27soldstatus $106,500
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2005-04-19soldstatus $106,500
Show marketing remark (247 chars)
Immaculate 'Doublewide' in desirable Cambridge at Heritage Ridge South. Interior is show and sell condition. Light and bright! Storage shed and carport damaged and removed. Neat and clean. Priced to sell quickly!!! 'As Is' with right to inspect.
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2005-04-19price $112,900
Show marketing remark (247 chars)
Immaculate 'Doublewide' in desirable Cambridge at Heritage Ridge South. Interior is show and sell condition. Light and bright! Storage shed and carport damaged and removed. Neat and clean. Priced to sell quickly!!! 'As Is' with right to inspect.
-
2005-04-19soldstatus $106,500
Show marketing remark (247 chars)
Immaculate 'Doublewide' in desirable Cambridge at Heritage Ridge South. Interior is show and sell condition. Light and bright! Storage shed and carport damaged and removed. Neat and clean. Priced to sell quickly!!! 'As Is' with right to inspect.
-
2005-03-16historical
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2005-01-07$106,500
Show marketing remark (247 chars)
Immaculate 'Doublewide' in desirable Cambridge at Heritage Ridge South. Interior is show and sell condition. Light and bright! Storage shed and carport damaged and removed. Neat and clean. Priced to sell quickly!!! 'As Is' with right to inspect.
-
2005-01-07$112,900
Show marketing remark (247 chars)
Immaculate 'Doublewide' in desirable Cambridge at Heritage Ridge South. Interior is show and sell condition. Light and bright! Storage shed and carport damaged and removed. Neat and clean. Priced to sell quickly!!! 'As Is' with right to inspect.
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2000-02-29soldstatus $44,000
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2000-02-29soldstatus $44,000
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2000-02-19historical
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1999-05-25$47,400
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1999-05-25$47,400
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1988-04-08soldstatus $59,000
ⓘ 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
- $890 · $74/mo
- Projected year-2 tax
- $2,067 · $172/mo
- Expected delta
- +$1,177/yr (+$98/mo · 132.2%)
ⓘ 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 3/10 Moderate
- Heat 10/10 Extreme 7 d/yr ≥106°F today · 24 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
- $30,563
- − Mortgage interest
- −$13,948
- − Property taxes
- −$890
- − Insurance
- −$1,245
- − Repairs & maintenance
- −$2,445
- − Management
- −$2,445
- − HOA
- −$1,500
- − Depreciation
- −$7,244
- Taxable income
- $846
- Est. tax owed @ 24.0%
- −$203
- After-tax cash flow
- $4,637/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 — Hobe Sound
- Score
- 69/100
- State rank
- #497
- US rank
- #8763
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Hobe Sound, FL
- County
- Martin County · 165,223 people
- City population
- 20,018
- Metro
- Port St. Lucie, FL
- Population (ZIP)
- 20,018
- Household income
- $70,389
- Rent vs Own
- Severe rent burden
- 317.0
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 (84%)
- Race & ethnicity
- White 84% Hispanic / Latino 8% Two or more races 6% Black 5% Asian 1%
- Hispanic origin (detail)
- Mexican 3% Dominican 1%
- Common ancestry
- Romanian 5% Italian 2% Slovak 2%
- Foreign-born
- 8% · Canada
- Languages at home
- 91% English-only · Spanish 6% 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
- ▼ -287.05%
- Current HPI
- 356.7273
- Rent YoY
- ▲ 1.80%
- 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
+322.0% since first listed27 events — show timeline
- 2026-06-11 Pending — Beaches MLS
- 2026-05-14 Listed $249,000 Beaches MLS
- 2025-06-18 Sold (Public Records) $120,000 Public Records
- 2025-06-16 Sold (MLS) $120,000 Beaches MLS
- 2025-05-16 Contingent — Beaches MLS
- 2025-04-11 Relisted — Beaches MLS
- 2025-04-11 Listing Removed — Beaches MLS
- 2025-04-01 Price Changed $129,000 Beaches MLS
- 2025-02-07 Price Changed $159,000 Beaches MLS
- 2025-01-22 Price Changed $184,000 Beaches MLS
- 2024-12-27 Relisted — Beaches MLS
- 2024-12-11 Listing Removed — Beaches MLS
- 2024-12-10 Listed $199,000 Beaches MLS
- 2024-12-04 Coming Soon $199,000 Beaches MLS
- 2005-04-27 Sold (Public Records) $106,500 Public Records
- 2005-04-19 Sold (MLS) $106,500 Beaches MLS
- 2005-04-19 Price Changed $112,900 MCRTC
- 2005-04-19 Sold (MLS) $106,500 MCRTC
- 2005-03-16 Listing Removed — Beaches MLS
- 2005-01-07 Listed $112,900 Beaches MLS
- 2005-01-07 Listed $106,500 MCRTC
- 2000-02-29 Sold (MLS) $44,000 MCRTC
- 2000-02-29 Sold (MLS) $44,000 Beaches MLS
- 2000-02-19 Listing Removed — Beaches MLS
- 1999-05-25 Listed $47,400 MCRTC
- 1999-05-25 Listed $47,400 Beaches MLS
- 1988-04-08 Sold (Public Records) $59,000 Public Records
Property tax history
+3.1%/yrLatest (2025): $890 · +1.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…