3 S Granada Ln · Port St. Lucie, FL 34952

$179,800

3 bd · 2.0 ba · 1,451 sqft · SingleFamily public records · 182 Days on market

Built 2018 3,920 sqft lot Est $213k · 16% under

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Why this score? — see what drove the B 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 +30.0/30.0
• ARV discount +14.6/15.0
• DSCR +10.0/10.0
• 1% rule +7.2/10.0
• Schools +3.7/10.0
• Rent growth +3.0/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

PARTLY FURNISHED SINGLEWIDE WITH CARPORT.GOOD CONDITION.QUIET AREA.LOCK BOX ,CALL OFFICE.

Key facts

• Metal roof
• Lake view
• Tile flooring

Tags

• LAKE VIEW
• METAL ROOF
• TILE FLOORING
• GRANITE COUNTERTOPS
• STAINLESS STEEL APPLIANCES
• DEDICATED LAUNDRY ROOM

Property features AI

Finance

• HOA & community: Senior community; Pets allowed with possible restrictions and limits

Exterior

• Parking: Garage with garage door opener; 1 covered parking space; 1 garage space
• Utilities: Public water; Public sewer; Three-phase electric; Cable available
• Home design: Single-family residence; One story; Facing east; Resale condition
• Construction: Block/Concrete/CBS construction
• Exterior features: Waterfront property; Entry at main living level

Interior

• Kitchen: Electric range; Dishwasher; Microwave; Refrigerator; Electric water heater
• Bedrooms: 2 main-level bedrooms
• Bathrooms: 2 full bathrooms (both on main level)
• Heating & cooling: Central electric heating; Central electric cooling (central air)
• Interior features: Cathedral and vaulted ceilings; Walk-in closet(s); Split bedroom layout
• Laundry & utility: Laundry inside

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $180k.

Deal economics

• At list price, monthly cash flow is $674 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $180k).
• Recommended offer: $158k (12.0% below list) — sets the bar for market timing.
• Cap rate 10.8% vs local median 3.9% in Port St. Lucie — 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: area grade B — affects rentability + tenant quality, not the cash-flow math above.
• 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; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 14d 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 ($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 $1k of loan paydown is wiped out by about $5k 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 $50k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 182 days — a 12% lower offer ($158k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 27y ago; this cycle's ask has dropped $70k (28%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $4k; list at $180k implies a 4181% 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.

Recommended offer $158,224 (12.0% below list)

Questions for the listing agent

1. It's been on market 182 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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.
5. 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.
6. 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: 1.22% ✓
• Cap rate: 10.79%
• Cash-on-cash: 16.06%
• DSCR: 1.71
• GRM: 6.8

CMA / ARV

• ARV (on-the-fly): $213,297
• Comps found: 8

Show comp detail 8 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
9 Kachina Ln	0.15mi	2/2.0 (-1)	1,462 (+1%)	2mo	$259,000	$177	85
53 El Camino Real	0.23mi	2/2.0 (-1)	1,462 (+1%)	1mo	$259,000	$177	82
39 SE Flamenco Way	0.05mi	2/2.0 (-1)	1,357 (-6%)	6mo	$200,000	$147	77
45 Florida Way	0.40mi	2/2.0 (-1)	1,451 (0%)	2mo	$165,000	$114	75
11 Nogales Way	0.27mi	2/2.0 (-1)	1,451 (0%)	15mo	$205,000	$141	70
8 Golf Dr	0.42mi	2/2.0 (-1)	1,427 (-2%)	13mo	$160,000	$112	62
8241 Maidencane Pl	0.13mi	3/2.0	1,656 (+14%)	12mo	$360,000	$217	60
45 Huarte Way	0.40mi	2/2.0 (-1)	1,319 (-9%)	13mo	$142,000	$108	50

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: 5.9%
• Equity multiple: 1.23×
• Total profit: $11,338
• Equity at exit: $26,809

10-year hold

• IRR: 14.3%
• Equity multiple: 2.10×
• Total profit: $55,344
• Equity at exit: $15,546

Cash invested: $50,344 (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: 6.8×

Monthly cashflow live

• Estimated rent: $2,189 high
• Mortgage (P&I): −$943
• Tax from tax record: −$38 /mo · $451/yr
• Insurance: −$75
• HOA: −$0
• Vacancy / Maint / Mgmt: −$460
• Net cashflow: $674

Break-even live

Break-even rent $1,336

Max offer price $179,800

Occupancy floor 64%

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: $44,950
• Closing costs: $5,394
• Reserves months: —
• Total cash needed: —

Rent comps 10 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	0.36mi
71 W Caribbean Port St. Lucie, FL	2.0	2.0	1417	$1,700	$1.20	23d	1	1.14mi
1810 SE Pinewood Trl Port Saint Lucie, FL	1.0–2.0	1.0–2.0	1013	$2,055	$2.03	14d	7	1.16mi
7700 Pine Lakes Blvd Port Saint Lucie, FL	1.0–3.0	1.0–2.0	1022	$2,212	$2.16	14d	16	1.27mi
3784 Sapodilla Ct Port Saint Lucie, FL	2.0	2.0	1121	$2,300	$2.05	23d	1	1.33mi
1811 SE Walton Lakes Dr Port Saint Lucie, FL	2.0	1.0–2.0	1117	$1,926	$1.72	14d	6	1.36mi
805 SE Cavern Ave Port Saint Lucie, FL	3.0	2.0	1732	$2,500	$1.44	23d	1	1.41mi
124 E Arbor Ave Port Saint Lucie, FL	3.0	1.0	964	$2,550	$2.65	14d	1	1.42mi
730 SE White Ave Port Saint Lucie, FL	2.0	2.0	1386	$10,000	$7.22	23d	1	1.43mi
1455 SE Colchester Cir Port Saint Lucie, FL	2.0	2.0	921	$1,795	$1.95	14d	1	1.47mi

Listing history 20 events

1. 2026-06-17
   days on market $179,800 Active 182 DOM
2. 2026-06-16
   days on market $179,800 Active 181 DOM
3. 2026-06-10
   days on market $179,800 Active 180 DOM
4. 2026-06-09
   days on market $179,800 Active 179 DOM
5. 2026-06-08
   days on market $179,800 Active 178 DOM
6. 2026-06-07
   days on market $179,800 Active 177 DOM
7. 2026-06-05
   days on market $179,800 Active 174 DOM
8. 2026-06-03
   days on market $179,800 Active 173 DOM
9. 2026-06-02
   days on market $179,800 Active 172 DOM
10. 2026-06-01
    days on market $179,800 Active 171 DOM
11. 2026-05-31
    days on market $179,800 Active 170 DOM
12. 2026-05-30
    days on market $179,800 Active 169 DOM
13. 2026-04-23
    price $179,800
14. 2026-03-27
    price $190,000
15. 2026-02-12
    price $205,000
16. 2026-01-19
    price $230,000
17. 2025-12-12
    listed $250,000 Active
18. 1999-07-29
    soldstatus $4,200 89-char remark

    Show marketing remark (89 chars)

    PARTLY FURNISHED SINGLEWIDE WITH CARPORT.GOOD CONDITION.QUIET AREA.LOCK BOX ,CALL OFFICE.

19. 1999-07-16
    historical 89-char remark

    Show marketing remark (89 chars)

    PARTLY FURNISHED SINGLEWIDE WITH CARPORT.GOOD CONDITION.QUIET AREA.LOCK BOX ,CALL OFFICE.

20. 1999-01-25
    listed $7,000 89-char remark

    Show marketing remark (89 chars)

    PARTLY FURNISHED SINGLEWIDE WITH CARPORT.GOOD CONDITION.QUIET AREA.LOCK BOX ,CALL OFFICE.

ⓘ 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: $451 · $38/mo
• Projected year-2 tax: $1,492 · $124/mo
• Expected delta: +$1,041/yr (+$87/mo · 231.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 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

Taxation est. · year 1

• Rental income: $26,265
• − Mortgage interest: −$10,072
• − Property taxes: −$451
• − Insurance: −$899
• − Repairs & maintenance: −$2,101
• − Management: −$2,101
• − Depreciation: −$5,231
• Taxable income: $5,410
• Est. tax owed @ 24.0%: −$1,298
• After-tax cash flow: $6,786/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 — Port St. Lucie

No livability data for this city. (Only ~50 U.S. cities are tracked.)

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

+2468.6% since first listed

8 events — show timeline

• 2026-04-23 Price Changed $179,800 Beaches MLS
• 2026-03-27 Price Changed $190,000 Beaches MLS
• 2026-02-12 Price Changed $205,000 Beaches MLS
• 2026-01-19 Price Changed $230,000 Beaches MLS
• 2025-12-12 Listed $250,000 Beaches MLS
• 1999-07-29 Sold (MLS) $4,200 Beaches MLS
• 1999-07-16 Listing Removed — Beaches MLS
• 1999-01-25 Listed $7,000 Beaches MLS

Property tax history

+8.2%/yr

Latest (2025): $451 · +8.5% YoY. Source: county tax records.