3325 SW Sunset Trace Cir · Palm City, FL 34990

$240,000

2 bd · 2.5 ba · 1,374 sqft · Townhouse public records · 4 Days on market

Built 1988 1,225 sqft lot $175/sqft · 9% below area Est $264k · 9% under $640/mo HOA · 26% 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 +11.6/15.0
• Cash flow +9.4/30.0
• 1% rule +5.2/10.0
• Schools +4.5/10.0
• Livability +4.0/5.0
• DSCR +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Nestled in the desirable Sunset Trace community of Palm City, this inviting 2-bedroom, 2.5-bath townhome blends comfort with practical updates. The thoughtfully refreshed kitchen offers extra pantry space and additional cabinetry, creating storage rarely found in similar homes. Tile flooring throughout the main living areas pairs beautifully with newer carpeting, while neutral paint provides a timeless backdrop ready for your personal style. Major improvements include a 4-year-old air conditioning system, 2-year-old water heater, and accordion hurricane shutters for added peace of mind. Whether you're searching for a primary residence, seasonal retreat, or low-maintenance lifestyle, this mo

Key facts

• Extra pantry space
• Tile flooring
• Additional cabinetry

Tags

• REFRESHED KITCHEN
• EXTRA PANTRY SPACE
• ADDITIONAL CABINETRY
• TILE FLOORING
• ACCORDION HURRICANE SHUTTERS
• MOVE-IN-READY PROPERTY

Property features AI

Finance

• Other: Building area reported from public records; Stories total: 2
• Financial info: Pets allowed with number limits
• HOA & community: Community association (Sunset Trace and MDPOA); Monthly HOA fee; Association amenities include pool (heated), tennis courts, basketball court, handball, managed community with on-site manager, sidewalks, street lights, gated security, internet included, cable TV, pest control, grounds and structure maintenance, reserve funds, and pool service

Exterior

• Parking: 2 parking spaces; Asphalt parking; Assigned parking; Guest parking
• Security: Gated community with guard; Security gate
• Utilities: Public water; Public sewer; 200+ amp electric service; Cable connected; Electricity connected; Water connected; Sewer connected
• Home design: Townhouse; Two stories; Resale property; Faces southeast
• Construction: Concrete block with stucco construction; Shingle roof
• Exterior features: Open patio; Patio; Privacy fencing; Corner lot; Not waterfront

Interior

• Kitchen: Disposal; Dishwasher; Microwave; Refrigerator; Electric water heater
• Bedrooms: No main-level bedrooms
• Flooring: Carpet; Ceramic tile
• Bathrooms: 2 full bathrooms; 1 half bathroom; 1 main-level bathroom
• Heating & cooling: Central heating; Central air; Ceiling fans
• Interior features: Kitchen island; Dome kitchen; Blinds
• Laundry & utility: Laundry in bathroom on main level

What this means for you Summary

Snapshot

• This is a 2-bed/2.5-bath townhouse listed at $240k.

Deal economics

• At list price, monthly cash flow is $-173 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $209k (12.8% below list).
• Meets the 1% rule at list price ($2k rent vs $240k).
• Recommended offer: $209k (12.8% below list) — sets the bar for cash-flow.
• Cap rate 5.4% vs local median 2.6% in Palm City — 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 79/100 on livability (#140 in FL, #2,113 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F, cost of living 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: Citrus Grove Elementary (math 69% / reading 69%, grade A-, #399 of 2,144 statewide, top 19%, 600 students, 25% FRL); Hidden Oaks Middle School (math 82% / reading 71%, grade A, #33 of 571 statewide, top 6%, 940 students, 23% FRL) — zoned schools average 24% FRL vs 41% district-wide (17 pts lower); this property's tenant base skews higher-income than the district average.
• Zoned-school proficiency averages 73% at this address vs 52% district-wide (+20 pts) — the actual schools serving this property are materially stronger than the Martin average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: Rents soft (-0.1%/yr); 452 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 737 units permitted in Martin County in 2024 (167 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 $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

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 26y 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 $138k; list at $240k implies a 74% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: HOA is 26% of rent.
• 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 $209,368 (12.8% 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. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
5. 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?
6. 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.
7. 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.
8. 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: 5.43%
• Cash-on-cash: -3.10%
• DSCR: 0.86
• GRM: 8.2

CMA / ARV

• ARV (median comp): $264,360
• List price: $240,000
• Delta: -13.04%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3527 SW Sunset Trace Cir	0.17mi	2/2.5	1,374 (0%)	1mo	$265,000	$193	91
3537 SW Sunset Trace Cir	0.21mi	2/2.5	1,374 (0%)	2mo	$170,000	$124	89
3102 SW Sunset Trace Cir #3102	0.24mi	2/2.5	1,236 (-10%)	3mo	$155,000	$125	70
3584 SW Sunset Trace Cir	0.28mi	3/2.0 (+1)	1,296 (-6%)	3mo	$279,000	$215	68
3011 SW Sunset Trace Cir #3011	0.28mi	2/2.5	1,236 (-10%)	3mo	$300,000	$243	68
3611 SW Sunset Trace Cir	0.32mi	2/2.5	1,236 (-10%)	2mo	$230,000	$186	67
3699 SW Sunset Trace Cir	0.35mi	2/2.5	1,236 (-10%)	1mo	$237,900	$192	66
2959 SW Sunset Trace Cir	0.35mi	2/2.5	1,236 (-10%)	2mo	$215,000	$174	65
3675 SW Sunset Trace Cir	0.38mi	2/2.5	1,236 (-10%)	2mo	$175,000	$142	64
2960 SW Sunset Trace Cir	0.39mi	2/2.5	1,236 (-10%)	3mo	$195,000	$158	63
3752 SW Sunset Trace Cir	0.50mi	3/2.0 (+1)	1,296 (-6%)	3mo	$365,000	$282	58
3785 SW Quail Meadow Trl Unit F	0.71mi	2/2.0	1,421 (+3%)	2mo	$255,000	$179	58

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -25.8%
• Equity multiple: 0.16×
• Total profit: $-56,783
• Equity at exit: $35,785

10-year hold

• IRR: -42.5%
• Equity multiple: -0.34×
• Total profit: $-90,071
• Equity at exit: $20,751

Cash invested: $67,200 (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 34990

• Home prices YoY: -29.7%
• Rents YoY: -0.1%
• Active inventory: 452
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $2,443 high
• Mortgage (P&I): −$1,259
• Tax from tax record: −$104 /mo · $1,253/yr
• Insurance: −$100
• HOA: −$640
• Vacancy / Maint / Mgmt: −$513
• Net cashflow: $-173

Break-even live

Break-even rent $2,662

Max offer price $209,368

Occupancy floor —

Sensitivity live

Price	-10% $-38	-5% $-105	+0% $-173	+5% $-241	+10% $-309
Rent	-10% $-366	-5% $-270	+0% $-173	+5% $-77	+10% $20
Rate	-1.0pp $-53	-0.5pp $-112	base $-173	+0.5pp $-236	+1.0pp $-299

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: $60,000
• Closing costs: $7,200
• Reserves months: —
• Total cash needed: —

Rent comps 13 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3579 SW Sunset Trace Cir Palm City, FL	2.0	2.5	1236	$2,300	$1.86	25d	1	0.30mi
3599 SW Sunset Trace Cir Palm City, FL	2.0	2.5	1236	$2,200	$1.78	23d	1	0.32mi
3662 SW Sunset Trace Cir Palm City, FL	3.0	2.0	1296	$2,500	$1.93	15d	1	0.45mi
3641 SW Coquina Cove Way Palm City, FL	1.0–3.0	1.0–2.0	987	$2,312	$2.34	15d	11	0.49mi
3505 SW Quail Meadow Trl Unit A Palm City, FL	2.0	2.0	1331	$2,500	$1.88	15d	1	0.58mi
3821 SW Coquina Cove Way Unit 205 Palm City, FL	2.0	2.0	1100	$2,220	$2.02	25d	1	0.63mi
2735 SW Mariposa Cir Palm City, FL	2.0	2.0	1612	$2,800	$1.74	25d	1	0.82mi
2687 SW Egret Pond Cir Palm City, FL	3.0	2.0	1722	$2,200	$1.28	25d	1	1.02mi
2868 SW Shinnecock Hills Ct Palm City, FL	3.0	2.0	1451	$3,000	$2.07	25d	1	1.02mi
4004 SW Osprey Creek Way Palm City, FL	3.0	2.0	1542	$2,700	$1.75	25d	1	1.03mi
4211 SW Egret Pond Ter Palm City, FL	3.0	2.0	1557	$2,350	$1.51	25d	1	1.07mi
2621 SW Egret Pond Cir Palm City, FL	2.0	2.0	1442	$2,475	$1.72	25d	1	1.09mi
1880 SW Springfield Ct Palm City, FL	2.0	2.0	1525	$2,950	$1.93	25d	1	1.48mi

HOA detail

• Monthly dues: $640 · $7,680/yr
• Likely covers: water

Listing history 22 events

1. 2026-06-21
   days on market $240,000 Active 4 DOM
2. 2026-06-17
   pricestatusdays on marketlisting id $240,000 Active 1 DOM
3. 2026-05-15
   historical
4. 2026-04-07
   price $229,900
5. 2026-03-18
   price $235,000
6. 2026-02-27
   price $239,900
7. 2026-02-21
   price $245,000
8. 2026-02-13
   listed $249,900 Active
9. 2025-07-15
   historical
10. 2025-06-29
    price $259,000
11. 2025-02-26
    price $269,000
12. 2024-12-04
    price $269,900
13. 2024-10-22
    listed $279,900 Active
14. 2017-03-21
    soldstatus $138,000
15. 2017-03-20
    soldstatus $138,000 Closed
16. 2017-03-16
    status Pending
17. 2017-02-14
    historical Contingent
18. 2017-02-11
    listed $135,000 Active
19. 2005-04-07
    soldstatus $195,000
20. 2001-05-29
    soldstatus $81,500
21. 2000-01-09
    listed $85,900
22. 1999-08-30
    soldstatus $78,000

ⓘ 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: $1,253 · $104/mo
• Projected year-2 tax: $1,992 · $166/mo
• Expected delta: +$739/yr (+$62/mo · 58.9%)

ⓘ 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

Taxation est. · year 1

• Rental income: $29,311
• − Mortgage interest: −$13,444
• − Property taxes: −$1,253
• − Insurance: −$1,200
• − Repairs & maintenance: −$2,345
• − Management: −$2,345
• − HOA: −$7,680
• − Depreciation: −$6,982
• Taxable loss: −$5,938
• Est. tax savings @ 24.0%: +$1,425
• After-tax cash flow: $-656/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 — Palm City

• Score: 79/100
• State rank: #140
• US rank: #2113

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Palm City, FL
• County: Martin County · 165,223 people
• City population: 30,592
• Metro: Port St. Lucie, FL
• Population (ZIP): 30,592
• Household income: $129,560
• Rent vs Own: 9.2% rent · 90.8% own
• Severe rent burden: 249.0

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 (83%)
• Race & ethnicity: White 83% Two or more races 10% Hispanic / Latino 10% Asian 2%
• Hispanic origin (detail): Cuban 3%
• Common ancestry: Romanian 4% Italian 3% Scotch-Irish 2%
• Foreign-born: 9% · Canada, China, Jamaica
• Languages at home: 90% English-only · Spanish 6% Russian/Polish/Slavic 1% Tagalog/Filipino 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: ▼ -138.81%
• Current HPI: 328.9662
• Rent YoY: ▼ -0.09%
• 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

+207.7% since first listed

21 events — show timeline

• 2026-06-14 Listed $240,000 Beaches MLS
• 2026-05-15 Listing Removed — Beaches MLS
• 2026-04-07 Price Changed $229,900 Beaches MLS
• 2026-03-18 Price Changed $235,000 Beaches MLS
• 2026-02-27 Price Changed $239,900 Beaches MLS
• 2026-02-21 Price Changed $245,000 Beaches MLS
• 2026-02-13 Listed $249,900 Beaches MLS
• 2025-07-15 Listing Removed — Beaches MLS
• 2025-06-29 Price Changed $259,000 Beaches MLS
• 2025-02-26 Price Changed $269,000 Beaches MLS
• 2024-12-04 Price Changed $269,900 Beaches MLS
• 2024-10-22 Listed $279,900 Beaches MLS
• 2017-03-21 Sold (Public Records) $138,000 Public Records
• 2017-03-20 Sold (MLS) $138,000 Beaches MLS
• 2017-03-16 Pending — Beaches MLS
• 2017-02-14 Contingent — Beaches MLS
• 2017-02-11 Listed $135,000 Beaches MLS
• 2005-04-07 Sold (Public Records) $195,000 Public Records
• 2001-05-29 Sold (MLS) $81,500 MCRTC
• 2000-01-09 Listed $85,900 MCRTC
• 1999-08-30 Sold (Public Records) $78,000 Public Records

Property tax history

-0.4%/yr

Latest (2025): $1,253 · -1.0% YoY. Source: county tax records.