404 Acai Ln · Fort Pierce, FL 34981

$280,000

3 bd · 2.0 ba · 1,500 sqft · SingleFamily public records · 231 Days on market

Built 2023 6,229 sqft lot Est $303k · 8% 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).

• Cash flow +11.3/30.0
• ARV discount +10.9/15.0
• 1% rule +3.8/10.0
• Livability +3.8/5.0
• Schools +3.7/10.0
• DSCR +3.3/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Short Sale. -SHORT SALE Hidden gem nestled in the heart of Fort Pierce! This charming and modern residence offers the perfect blend of comfort, style, and convenience. Whether you're a first-time buyer, downsizing, or investing, this home checks all the boxes. 3 Bedrooms/2 Bathrooms 1,675 Sq Ft with an open-concept living and dining space, ideal for entertaining. The kitchen has quartz countertops, and a large island for spacious cooking. The primary suite has a walk-in closet and en-suite bathroom and the covered patio and fenced backyard are perfect for outdoor gatherings. A 2-car garage offers ample driveway parking in this quiet, well-maintained neighborhood minutes from US-1, I-95, an

Key facts

• Quartz countertops
• Walk-in closet
• Covered patio

Tags

• QUARTZ COUNTERTOPS
• LARGE ISLAND
• WALK-IN CLOSET
• EN-SUITE BATHROOM
• COVERED PATIO
• FENCED BACKYARD

Property features AI

Finance

• HOA & community: No HOA/association reported

Exterior

• Parking: Attached garage (2 spaces)
• Utilities: Public water; Public sewer; Public utilities
• Home design: Single-family residence; One story; Faces east; Residential property
• Construction: Block, concrete and stucco construction; Shingle roof; Concrete perimeter foundation; Built on a 0.14-acre lot
• Exterior features: Private mailbox; Sidewalk; Asphalt/paved road access

Interior

• Kitchen: No appliances included
• Bedrooms: 3 bedrooms
• Flooring: Carpet; Ceramic tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans
• Laundry & utility: Laundry room inside the home

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $280k.

Deal economics

• At list price, monthly cash flow is $-104 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $262k (6.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $247k (11.7% below list).
• Recommended offer: $246k (12.0% below list) — sets the bar for market timing.
• Cap rate 5.8% vs local median 3.7% in Fort Pierce — 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 76/100 on livability (#226 in FL, #3,360 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: crime D+, schools D, amenities F.
• 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.
• Market conditions: 66 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 4,868 units permitted in St. Lucie County in 2024 (268 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k 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 231 days — a 12% lower offer ($246k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts 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 $99k; list at $280k implies a 182% 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 4→13/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $246,400 (12.0% 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 231 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
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 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. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. 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?
8. 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.
9. 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.
10. 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: 0.88% ✗
• Cap rate: 5.85%
• Cash-on-cash: -1.59%
• DSCR: 0.93
• GRM: 9.4

CMA / ARV

• ARV (on-the-fly): $303,000
• Comps found: 7

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
331 Raspberry Rd	0.09mi	3/2.0	1,529 (+2%)	9mo	$299,900	$196	85
315 Raspberry Rd	0.14mi	3/2.0	1,503 (+0%)	19mo	$302,985	$202	78
819 Persimmon Pl	0.13mi	3/2.0	1,529 (+2%)	18mo	$305,000	$199	76
2935 Middle Rd	0.31mi	3/2.0	1,626 (+8%)	3mo	$200,000	$123	69
452 Cherimoya St	0.20mi	3/2.0	1,302 (-13%)	9mo	$320,000	$246	61
212 Raspberry Rd	0.20mi	3/2.0	1,311 (-13%)	13mo	$325,000	$248	59
440 Acai Ln	0.14mi	3/2.0	1,302 (-13%)	20mo	$311,990	$240	54

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -18.9%
• Equity multiple: 0.34×
• Total profit: $-51,860
• Equity at exit: $41,749

10-year hold

• IRR: -11.3%
• Equity multiple: 0.32×
• Total profit: $-53,202
• Equity at exit: $24,209

Cash invested: $78,400 (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 34981

• Home prices YoY: -9.7%
• Active inventory: 66
• Price-to-rent: 9.4×

Monthly cashflow live

• Estimated rent: $2,472 high
• Mortgage (P&I): −$1,468
• Tax from tax record: −$472 /mo · $5,663/yr
• Insurance: −$117
• HOA: −$0
• Vacancy / Maint / Mgmt: −$519
• Net cashflow: $-104

Break-even live

Break-even rent $2,604

Max offer price $261,693

Occupancy floor 99%

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: $70,000
• Closing costs: $8,400
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
323 Raspberry Rd #323 Fort Pierce, FL	3.0	2.0	1503	$2,400	$1.60	23d	1	0.08mi
220 Raspberry Rd Fort Pierce, FL	4.0	2.5	2195	$3,000	$1.37	23d	1	0.16mi
1200 Treasure Cay Dr Fort Pierce, FL	1.0–2.0	1.0–2.0	995	$1,619	$1.63	13d	10	0.54mi
2552 Peters Rd Fort Pierce, FL	3.0	2.5	1558	$2,570	$1.65	23d	1	0.68mi
4321 Kirby Loop Rd Unit 1 Fort Pierce, FL	3.0	2.0	2092	$2,400	$1.15	23d	1	0.69mi
100 Corner Dr Fort Pierce, FL	1.0–3.0	1.0–2.0	926	$1,487	$1.60	13d	32	0.87mi
1817 Party Pl Fort Pierce, FL	3.0	2.0	1389	$2,250	$1.62	23d	1	1.01mi
1810 Celebration Dr Fort Pierce, FL	4.0	2.0	1767	$2,700	$1.53	23d	1	1.02mi
3518 Carriage Pointe Cir Fort Pierce, FL	3.0	2.0	1594	$3,000	$1.88	23d	1	1.07mi
1618 Merriment Way Fort Pierce, FL	3.0	2.0	1538	$2,200	$1.43	23d	1	1.18mi
5318 Imagination Dr Fort Pierce, FL	3.0	2.0	1542	$2,500	$1.62	23d	1	1.35mi
4213 Longmour Ln Fort Pierce, FL	3.0	2.0	1640	$2,400	$1.46	23d	1	1.43mi

Listing history 28 events

1. 2026-06-18
   days on market $280,000 Active 231 DOM
2. 2026-06-17
   days on market $280,000 Active 230 DOM
3. 2026-06-16
   days on market $280,000 Active 229 DOM
4. 2026-06-15
   days on market $280,000 Active 228 DOM
5. 2026-06-14
   days on market $280,000 Active 226 DOM
6. 2026-06-13
   days on market $280,000 Active 225 DOM
7. 2026-06-10
   days on market $280,000 Active 223 DOM
8. 2026-06-09
   days on market $280,000 Active 222 DOM
9. 2026-06-08
   days on market $280,000 Active 221 DOM
10. 2026-06-07
    days on market $280,000 Active 220 DOM
11. 2026-06-05
    days on market $280,000 Active 217 DOM
12. 2026-06-03
    days on market $280,000 Active 216 DOM
13. 2026-06-02
    days on market $280,000 Active 215 DOM
14. 2026-06-01
    days on market $280,000 Active 214 DOM
15. 2026-05-31
    days on market $280,000 Active 213 DOM
16. 2026-05-30
    days on market $280,000 Active 212 DOM
17. 2026-04-18
    status Active
18. 2026-04-18
    historical
19. 2026-04-14
    listed $283,700 Active
20. 2026-03-25
    price $280,000
21. 2026-03-03
    price $285,000
22. 2026-02-16
    price $300,000
23. 2026-01-23
    price $324,000
24. 2025-12-31
    status Active
25. 2025-12-31
    price $340,000
26. 2025-06-19
    status Pending
27. 2025-04-07
    listed $295,000 Active
28. 2023-07-11
    soldstatus $99,400

ⓘ 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: $5,663 · $472/mo
• Projected year-2 tax: $5,663 · $472/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 2/10 Low
• 🌡 Heat 9/10 Extreme 4 d/yr ≥106°F today · 13 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $29,670
• − Mortgage interest: −$15,684
• − Property taxes: −$5,663
• − Insurance: −$1,400
• − Repairs & maintenance: −$2,374
• − Management: −$2,374
• − Depreciation: −$8,145
• Taxable loss: −$5,970
• Est. tax savings @ 24.0%: +$1,433
• After-tax cash flow: $189/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

• Score: 76/100
• State rank: #226
• US rank: #3360

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Fort Pierce, FL
• City population: 78,556
• Population (ZIP): 6,167

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 0.62)
• Race & ethnicity: White 53% Black 24% Hispanic / Latino 21% Two or more races 8%
• Hispanic origin (detail): Mexican 4% Puerto Rican 8% Cuban 3% Dominican 1%
• Common ancestry: Hispanic 7% Italian 4% Lithuanian 3%
• Foreign-born: 11% · Canada
• Languages at home: 78% English-only · French/Haitian/Cajun 9% Spanish 8% Other Indo-European 1%

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: ▼ -44.06%
• Current HPI: 408.6633
• Rent YoY: —
• Metro: —
• 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

+185.4% since first listed

12 events — show timeline

• 2026-04-18 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-04-18 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2026-04-14 Listed $283,700 Stellar MLS as Distributed by MLS Grid
• 2026-03-25 Price Changed $280,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-03 Price Changed $285,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-16 Price Changed $300,000 Stellar MLS as Distributed by MLS Grid
• 2026-01-23 Price Changed $324,000 Stellar MLS as Distributed by MLS Grid
• 2025-12-31 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-12-31 Price Changed $340,000 Stellar MLS as Distributed by MLS Grid
• 2025-06-19 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-04-07 Listed $295,000 Stellar MLS as Distributed by MLS Grid
• 2023-07-11 Sold (Public Records) $99,400 Public Records

Property tax history

+147.0%/yr

Latest (2025): $5,663 · +3.3% YoY. Source: county tax records.