6111 Fort Pierce Blvd · Lakewood Park, FL 34951

$339,000

3 bd · 2.0 ba · 1,280 sqft · Land · 102 Days on market

Built 2025 10,480 sqft lot $8/mo HOA

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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 +11.2/30.0
• ARV discount +7.5/15.0
• Schools +3.7/10.0
• DSCR +3.3/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +2.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Under Construction. Absolutely adorable new-construction home located at 6111 Fort Pierce Blvd! This turnkey 3-bedroom / 2-bath residence is thoughtfully designed with modern finishes, open-concept living, and plenty of natural light throughout. The spacious kitchen features sleek cabinetry, quartz countertops, and stainless-steel appliances. Outside, the home sits on a generous lot with room for outdoor entertaining or future pool. Prime location with easy access to shopping, dining, schools, beaches and major highways. Don’t miss the opportunity to be first to enjoy this brand-new home in a great neighborhood! New home construction to be finished by summer of 2026.

Key facts

• Quartz countertops
• Generous lot
• Spacious kitchen

Tags

• NEW-CONSTRUCTION HOME
• OPEN-CONCEPT LIVING
• SPACIOUS KITCHEN
• QUARTZ COUNTERTOPS
• STAINLESS-STEEL APPLIANCES
• GENEROUS LOT

Property features AI

Finance

• Other: Pets allowed with no restrictions
• HOA & community: HOA with annual fee ($95/year)

Exterior

• Parking: 2-car garage; 2 covered parking spaces; Driveway; Garage door opener
• Security: Smoke detector(s)
• Utilities: Public water; Cable available
• Home design: Single-family residence; One story; New construction; Build model: The Luna; Faces east
• Construction: Block construction; Wood roof; Built as new construction
• Exterior features: Porch; Not waterfront

Interior

• Kitchen: Electric Range; Gas Range; Dishwasher; Microwave; Refrigerator; Disposal; Water purifier; Water softener; Electric water heater
• Bedrooms: 3 bedrooms on the main level
• Flooring: Ceramic tile
• Bathrooms: 2 full bathrooms on the main level
• Heating & cooling: Central heating; Central air conditioning; Ceiling fans
• Interior features: High ceilings; Fireplace; Smoke detectors
• Laundry & utility: Washer hookup; Dryer hookup

🏗️ New construction. Builder plan / spec listing (the home may be to-be-built); metrics use comparable previous sales.

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath land listed at $339k.

Deal economics

• At list price, monthly cash flow is $-195 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $305k (10.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $237k (30.2% below list).
• Recommended offer: $237k (30.2% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 63/100 on livability (#719 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: amenities F, commute 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: Manatee Academy K-8 (math 53% / reading 51%, grade C-, #990 of 2,144 statewide, top 48%, 1,664 students, 65% FRL); Southern Oaks Middle School (math 39% / reading 43%, grade F, #353 of 571 statewide, top 63%, 894 students, 76% 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: 296 active listings in the ZIP; 14 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).
• At $2,367/mo this rent would consume 45% of the median local household income ($63k/yr) (locally 140% 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 $10k 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 102 days — a 9% lower offer ($308k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 20y 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 $40k; list at $339k implies a 748% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: severe flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $236,739 (30.2% 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 102 days. Have you received any prior offers? Is the seller open to a 30% concession, seller financing, or rate buy-down credit?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
8. 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?
9. 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.
10. 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.
11. 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: 0.70% ✗
• Cap rate: 5.84%
• Cash-on-cash: -1.62%
• DSCR: 0.93
• GRM: 11.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: -20.4%
• Equity multiple: 0.29×
• Total profit: $-67,461
• Equity at exit: $50,546

10-year hold

• IRR: -13.7%
• Equity multiple: 0.21×
• Total profit: $-75,250
• Equity at exit: $29,311

Cash invested: $94,920 (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 34951

• Home prices YoY: -23.6%
• Active inventory: 296
• Price-to-rent: 11.9×

Monthly cashflow live

• Estimated rent: $2,367 high
• Mortgage (P&I): −$1,778
• Tax from tax record: −$71 /mo · $856/yr
• Insurance: −$141
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$8
• Vacancy / Maint / Mgmt: −$497
• Net cashflow: $-195

Break-even live

Break-even rent $2,614

Max offer price $304,626

Occupancy floor —

Sensitivity live

Price	-10% $-3	-5% $-99	+0% $-195	+5% $-291	+10% $-386
Rent	-10% $-382	-5% $-288	+0% $-195	+5% $-101	+10% $-8
Rate	-1.0pp $-24	-0.5pp $-108	base $-195	+0.5pp $-282	+1.0pp $-372

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: $84,750
• Closing costs: $10,170
• Reserves months: —
• Total cash needed: —

Rent comps 14 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7500 Pensacola Rd Fort Pierce, FL	3.0	2.0	1125	$2,150	$1.91	15d	1	0.26mi
7403 Winter Garden Pkwy Fort Pierce, FL	3.0	2.0	1372	$2,200	$1.60	23d	1	0.36mi
7704 Pacific Ave Fort Pierce, FL	3.0	2.0	1719	$2,500	$1.45	15d	1	0.44mi
7503 Paso Robles Blvd Fort Pierce, FL	3.0	2.0	1260	$2,000	$1.59	25d	1	0.49mi
6906 Ocala Ave Fort Pierce, FL	3.0	2.0	1175	$1,955	$1.66	15d	1	0.50mi
5510 Shannon Dr Fort Pierce, FL	3.0	2.0	1594	$2,350	$1.47	15d	1	1.03mi
8674 Pavia St Fort Pierce, FL	4.0	2.0	1824	$2,600	$1.43	23d	1	1.03mi
985 23rd Pl SW Vero Beach, FL	3.0	2.0	1176	$2,200	$1.87	23d	1	1.14mi
5234 Oakland Lake Cir Fort Pierce, FL	3.0	2.0	1460	$2,300	$1.58	15d	1	1.20mi
2450 8th Ave SW Vero Beach, FL	3.0	2.0	1388	$2,100	$1.51	23d	1	1.21mi
5642 Sunberry Cir Fort Pierce, FL	3.0	2.0	1377	$1,950	$1.42	25d	1	1.37mi
5154 Armina Pl Fort Pierce, FL	3.0	2.0	1477	$2,350	$1.59	15d	1	1.39mi
5082 Armina Pl Fort Pierce, FL	3.0	2.0	1464	$3,000	$2.05	25d	1	1.46mi
6602 Palomar Pkwy Unit A Fort Pierce, FL	3.0	1.0	1200	$2,000	$1.67	25d	1	1.49mi

HOA detail

• Monthly dues: $8 · $96/yr
• Likely covers: pool

Listing history 31 events

1. 2026-06-21
   days on market $339,000 Active 102 DOM
2. 2026-06-18
   days on market $339,000 Active 99 DOM
3. 2026-06-17
   days on market $339,000 Active 98 DOM
4. 2026-06-16
   days on market $339,000 Active 97 DOM
5. 2026-06-15
   days on market $339,000 Active 96 DOM
6. 2026-06-14
   days on market $339,000 Active 94 DOM
7. 2026-06-13
   days on market $339,000 Active 93 DOM
8. 2026-06-10
   days on market $339,000 Active 91 DOM
9. 2026-06-09
   days on market $339,000 Active 90 DOM
10. 2026-06-08
    days on market $339,000 Active 89 DOM
11. 2026-06-07
    days on market $339,000 Active 88 DOM
12. 2026-06-05
    days on market $339,000 Active 85 DOM
13. 2026-06-03
    days on market $339,000 Active 84 DOM
14. 2026-06-02
    days on market $339,000 Active 83 DOM
15. 2026-06-01
    days on market $339,000 Active 82 DOM
16. 2026-05-31
    days on market $339,000 Active 81 DOM
17. 2026-05-30
    days on market $339,000 Active 80 DOM
18. 2026-05-14
    status Active 681-char remark

    Show marketing remark (681 chars)

    Under Construction. Absolutely adorable new-construction home located at 6111 Fort Pierce Blvd! This turnkey 3-bedroom / 2-bath residence is thoughtfully designed with modern finishes, open-concept living, and plenty of natural light throughout. The spacious kitchen features sleek cabinetry, quartz countertops, and stainless-steel appliances. Outside, the home sits on a generous lot with room for outdoor entertaining or future pool. Prime location with easy access to shopping, dining, schools, beaches and major highways. Don’t miss the opportunity to be first to enjoy this brand-new home in a great neighborhood! New home construction to be finished by summer of 2026.

19. 2026-05-14
    price $349,900 681-char remark

    Show marketing remark (681 chars)

    Under Construction. Absolutely adorable new-construction home located at 6111 Fort Pierce Blvd! This turnkey 3-bedroom / 2-bath residence is thoughtfully designed with modern finishes, open-concept living, and plenty of natural light throughout. The spacious kitchen features sleek cabinetry, quartz countertops, and stainless-steel appliances. Outside, the home sits on a generous lot with room for outdoor entertaining or future pool. Prime location with easy access to shopping, dining, schools, beaches and major highways. Don’t miss the opportunity to be first to enjoy this brand-new home in a great neighborhood! New home construction to be finished by summer of 2026.

20. 2025-11-11
    price $339,000 681-char remark

    Show marketing remark (681 chars)

    Under Construction. Absolutely adorable new-construction home located at 6111 Fort Pierce Blvd! This turnkey 3-bedroom / 2-bath residence is thoughtfully designed with modern finishes, open-concept living, and plenty of natural light throughout. The spacious kitchen features sleek cabinetry, quartz countertops, and stainless-steel appliances. Outside, the home sits on a generous lot with room for outdoor entertaining or future pool. Prime location with easy access to shopping, dining, schools, beaches and major highways. Don’t miss the opportunity to be first to enjoy this brand-new home in a great neighborhood! New home construction to be finished by summer of 2026.

21. 2025-11-10
    listed $339,000 Active
22. 2025-11-04
    price $359,900 681-char remark

    Show marketing remark (681 chars)

    Under Construction. Absolutely adorable new-construction home located at 6111 Fort Pierce Blvd! This turnkey 3-bedroom / 2-bath residence is thoughtfully designed with modern finishes, open-concept living, and plenty of natural light throughout. The spacious kitchen features sleek cabinetry, quartz countertops, and stainless-steel appliances. Outside, the home sits on a generous lot with room for outdoor entertaining or future pool. Prime location with easy access to shopping, dining, schools, beaches and major highways. Don’t miss the opportunity to be first to enjoy this brand-new home in a great neighborhood! New home construction to be finished by summer of 2026.

23. 2025-10-22
    listed $379,900 Active 681-char remark

    Show marketing remark (681 chars)

    Under Construction. Absolutely adorable new-construction home located at 6111 Fort Pierce Blvd! This turnkey 3-bedroom / 2-bath residence is thoughtfully designed with modern finishes, open-concept living, and plenty of natural light throughout. The spacious kitchen features sleek cabinetry, quartz countertops, and stainless-steel appliances. Outside, the home sits on a generous lot with room for outdoor entertaining or future pool. Prime location with easy access to shopping, dining, schools, beaches and major highways. Don’t miss the opportunity to be first to enjoy this brand-new home in a great neighborhood! New home construction to be finished by summer of 2026.

24. 2022-05-31
    soldstatus $40,000
25. 2013-09-21
    historical 75-char remark

    Show marketing remark (75 chars)

    BEAUTIFUL LOT CLEARED WITH PALM TREES, SHED ON PROPERTY WILL SELL OR REMOVE

26. 2010-09-30
    soldstatus $6,250
27. 2010-09-30
    soldstatus $6,300
28. 2010-09-26
    historical
29. 2010-09-12
    listed $7,500
30. 2006-06-08
    listed $72,000 75-char remark

    Show marketing remark (75 chars)

    BEAUTIFUL LOT CLEARED WITH PALM TREES, SHED ON PROPERTY WILL SELL OR REMOVE

31. 1993-10-26
    soldstatus $6,500

ⓘ 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: $856 · $71/mo
• Projected year-2 tax: $2,814 · $234/mo
• Expected delta: +$1,957/yr (+$163/mo · 228.6%)

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

Climate risk First Street

• 🌊 Flood 8/10 Severe FEMA zone X (unshaded) · 99% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 25 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $28,409
• − Mortgage interest: −$18,989
• − Property taxes: −$856
• − Insurance: −$2,492
• − Repairs & maintenance: −$2,273
• − Management: −$2,273
• − HOA: −$96
• − Depreciation: −$9,862
• Taxable loss: −$8,433
• Est. tax savings @ 24.0%: +$2,024
• After-tax cash flow: $-311/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 — Lakewood Park

• Score: 63/100
• State rank: #719
• US rank: #15407

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lakewood Park, FL
• County: Saint Lucie County · 337,150 people
• Metro: Port St. Lucie, FL
• Population (ZIP): 17,148
• Household income: $63,122
• Rent vs Own: 11.7% rent · 88.3% own
• Severe rent burden: 140.0

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: Predominantly White (74%)
• Race & ethnicity: White 74% Black 13% Hispanic / Latino 8% Two or more races 7% Asian 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 2% Cuban 2%
• Common ancestry: Romanian 3% Italian 2% Lithuanian 2%
• Foreign-born: 10% · Canada, Jamaica, Vietnam
• Languages at home: 88% English-only · Spanish 7% French/Haitian/Cajun 3% Vietnamese 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: ▼ -106.06%
• Current HPI: 343.1376
• Rent YoY: —
• 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

+5283.1% since first listed

14 events — show timeline

• 2026-05-14 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-05-14 Price Changed $349,900 Stellar MLS as Distributed by MLS Grid
• 2025-11-11 Price Changed $339,000 Stellar MLS as Distributed by MLS Grid
• 2025-11-10 Listed $339,000 Beaches MLS
• 2025-11-04 Price Changed $359,900 Stellar MLS as Distributed by MLS Grid
• 2025-10-22 Listed $379,900 Stellar MLS as Distributed by MLS Grid
• 2022-05-31 Sold (Public Records) $40,000 Public Records
• 2013-09-21 Listing Removed — Beaches MLS
• 2010-09-30 Sold (Public Records) $6,300 Public Records
• 2010-09-30 Sold (MLS) $6,250 Beaches MLS
• 2010-09-26 Listing Removed — Beaches MLS
• 2010-09-12 Listed $7,500 Beaches MLS
• 2006-06-08 Listed $72,000 Beaches MLS
• 1993-10-26 Sold (Public Records) $6,500 Public Records

Property tax history

+22.4%/yr

Latest (2025): $856 · +12.5% YoY. Source: county tax records.