973 NW Spruce Ridge Dr #3 · North River Shores, FL 34994

$239,900

2 bd · 2.0 ba · 1,192 sqft · Condo public records · 68 Days on market

Built 1979 $400/mo HOA · 16% 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).

• Cash flow +12.2/30.0
• ARV discount +7.5/15.0
• 1% rule +5.5/10.0
• Schools +4.5/10.0
• Livability +3.7/5.0
• DSCR +3.6/10.0
• Condition / age +2.5/5.0
• Rent growth +2.3/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

North Pointe Townhomes is a little hidden jewel in North River Shores. This community of 5 townhomes is nestled in mature landscaping. This 2 bedroom, 2 bath townhome is ready for you to move in. Spacious master bedroom upstairs with balcony is perfect for a quiet evening prior to retiring. Laundry room is conveniently located on the 2nd floor. This townhome has been updated and ready for you to move in. Backyard is fenced with pavers and landscaped. Just waiting for your green thumb. Each townhome has a 1 car garage which is not easy to find! Easy to show. Monthly fee includes building insurance, exterior maintenance and water.

Key facts

• Attached garage
• A/c
• Water heater

Tags

• ATTACHED GARAGE
• PRIVATE FULLY FENCED PATIO
• MAJOR IMPROVEMENTS
• NEW ROOF
• A/C
• WATER HEATER

Property features AI

Finance

• Financial info: Pets allowed with number and size limits
• HOA & community: Homeowners association (monthly fee of $400) — fee includes common areas, insurance, pest control, road maintenance, sewer and water; Non-gated community

Exterior

• Parking: Attached garage (1 covered space, total 1 parking space)
• Utilities: Public water; Public sewer
• Home design: 2-story residence; Resale property; Frame construction
• Construction: Frame construction
• Exterior features: Balcony; Deck; Open porch; Yard fenced; Storm/security shutters

Interior

• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Individual heating options; Central air conditioning
• Interior features: Impact glass windows; Unfurnished

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $240k.

Deal economics

• At list price, monthly cash flow is $-113 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $220k (8.4% below list).
• Meets the 1% rule at list price ($3k rent vs $240k).
• Recommended offer: $220k (8.4% below list) — sets the bar for cash-flow.

Location & tenants

• Location reads 74/100 on livability (#292 in FL, #4,906 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+, employment B+; Watch: schools D+, 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.
• Market conditions: Rents soft (-0.7%/yr); 259 active listings in the ZIP; 36 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 737 units permitted in Martin County in 2024 (167 in 5+ unit buildings).
• At $2,526/mo this rent would consume 48% of the median local household income ($63k/yr) (locally 1408% 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 $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 68 days — a 6% lower offer ($226k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 13y 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 $185k; 30% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: major 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 $219,868 (8.4% 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 68 days. Have you received any prior offers? Is the seller open to a 8% concession, seller financing, or rate buy-down credit?
3. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
5. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
6. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
7. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
8. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
9. 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?
10. 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?
11. 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.
12. 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.
13. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.05% ✓
• Cap rate: 6.06%
• Cash-on-cash: -0.84%
• DSCR: 0.96
• GRM: 7.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -23.9%
• Equity multiple: 0.21×
• Total profit: $-53,184
• Equity at exit: $35,770

10-year hold

• IRR: -36.0%
• Equity multiple: -0.23×
• Total profit: $-82,940
• Equity at exit: $20,742

Cash invested: $67,172 (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 34994

• Home prices YoY: -27.1%
• Rents YoY: -0.7%
• Active inventory: 259
• Price-to-rent: 7.9×

Monthly cashflow live

• Estimated rent: $2,526 high
• Mortgage (P&I): −$1,258
• Tax from tax record: −$285 /mo · $3,414/yr
• Insurance: −$100
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$400
• Vacancy / Maint / Mgmt: −$530
• Net cashflow: $-113

Break-even live

Break-even rent $2,670

Max offer price $219,868

Occupancy floor 99%

Sensitivity live

Price	-10% $22	-5% $-45	+0% $-113	+5% $-181	+10% $-249
Rent	-10% $-313	-5% $-213	+0% $-113	+5% $-14	+10% $86
Rate	-1.0pp $7	-0.5pp $-52	base $-113	+0.5pp $-176	+1.0pp $-239

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: $59,975
• Closing costs: $7,197
• Reserves months: —
• Total cash needed: —

Rent comps 36 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
964 NW Spruce Ridge Dr Unit D1 Stuart, FL	2.0	2.0	1056	$2,200	$2.08	24d	1	0.08mi
974 NW Spruce Ridge Dr Stuart, FL	2.0	2.0	1037	$2,100	$2.03	24d	1	0.08mi
800 NW Fork Rd Stuart, FL	1.0–2.0	1.0–2.0	886	$1,850	$2.09	15d	2	0.23mi
975 NW Flagler Ave Stuart, FL	2.0	2.0	1226	$2,800	$2.28	24d	1	0.54mi
975 NW Flagler Ave #403 Stuart, FL	2.0	2.0	1082	$3,000	$2.77	24d	1	0.54mi
975 NW Flagler Ave #306 Stuart, FL	2.0	2.0	1182	$2,500	$2.12	24d	1	0.54mi
975 NW Flagler Ave #407 Stuart, FL	2.0	2.0	1226	$4,500	$3.67	24d	1	0.54mi
975 NW Flagler Ave #307 Stuart, FL	2.0	2.0	1226	$2,750	$2.24	24d	1	0.54mi
875 NW Flagler Ave #404 Stuart, FL	2.0	2.0	1183	$5,250	$4.44	24d	1	0.54mi
875 NW Flagler Ave #302 Stuart, FL	2.0	2.0	1082	$2,900	$2.68	15d	1	0.54mi
1900 NW Federal Hwy Stuart, FL	1.0–2.0	1.0–2.0	1013	$3,973	$3.92	15d	21	0.60mi
1655 NW Fork Rd Stuart, FL	2.0	2.0	1390	$3,600	$2.59	24d	1	0.60mi
415 NW Flagler Ave #403 Stuart, FL	2.0	2.0	1082	$3,000	$2.77	24d	1	0.68mi
1398 NW Cavendish Ct Stuart, FL	2.0–3.0	2.5	1242	$2,393	$1.93	22d	11	0.69mi
275 NW Flagler Ave #204 Stuart, FL	3.0	2.0	1391	$6,500	$4.67	24d	1	0.76mi
275 NW Flagler Ave #205 Stuart, FL	2.0	2.0	1183	$2,800	$2.37	24d	1	0.76mi
215 NW Flagler Ave #202 Stuart, FL	2.0	2.0	1182	$2,500	$2.12	24d	1	0.79mi
1225 NW 21st St Stuart, FL	1.0	1.5	773	$1,500	$1.94	22d	3	0.88mi
1225 NW 21st St Stuart, FL	1.0	1.5	773	$1,350	$1.75	15d	1	0.88mi
1225 NW 21st St Unit 35-3512 Stuart, FL	1.0	1.5	747	$1,395	$1.87	24d	1	0.88mi
1225 NW 21st St Unit 36-3609 Stuart, FL	2.0	2.0	1014	$1,700	$1.68	22d	1	0.88mi
1225 NW 21st St Unit 7-705 Stuart, FL	1.0	1.5	747	$1,550	$2.07	15d	1	0.88mi
1225 NW 21st St Unit 8-815 Stuart, FL	2.0	2.0	1014	$1,950	$1.92	24d	1	0.88mi
25 NE 17th St Stuart, FL	3.0	2.0	990	$2,000	$2.02	24d	1	0.91mi
2201 NW Federal Hwy Stuart, FL	1.0–3.0	1.0–2.0	1080	$2,530	$2.34	15d	18	0.95mi
1001 NE Baker Rd Stuart, FL	1.0–3.0	1.0–2.0	952	$2,280	$2.40	15d	27	1.22mi
1010 NW Fresco Way Jensen Beach, FL	1.0–3.0	1.0–2.0	1011	$2,122	$2.10	15d	10	1.24mi
590 NE Lima Vias Jensen Beach, FL	2.0	2.0	1295	$3,300	$2.55	24d	1	1.29mi
2233 NW 22nd Ave #102 Stuart, FL	2.0	2.0	1030	$2,200	$2.14	22d	1	1.37mi
2283 NW 22nd Ave #104 Stuart, FL	2.0	2.0	1074	$2,100	$1.96	24d	1	1.42mi
2273 NW 22nd Ave #104 Stuart, FL	3.0	3.0	1388	$3,600	$2.59	24d	1	1.43mi
1097 NE Kubin Ave Jensen Beach, FL	2.0	1.5	952	$2,450	$2.57	24d	1	1.45mi
201 SW Joan Jefferson Way Stuart, FL	2.0–3.0	2.0	1400	$2,545	$1.82	15d	10	1.47mi
41 SW Seminole St Stuart, FL	3.0	1.0–2.5	1353	$13,167	$9.73	24d	3	1.48mi
47 SW Osceola St Unit UN206 Stuart, FL	2.0	2.0	1276	$3,900	$3.06	24d	1	1.50mi
47 SW Osceola St #206 Stuart, FL	2.0	2.0	1276	$4,000	$3.13	24d	1	1.50mi

HOA detail condo

• Monthly dues: $400 · $4,800/yr
• Likely covers: waterlandscapingexterior maint.insurance
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 29 events

1. 2026-05-13
   status Pending
2. 2026-04-29
   historical Active Under Contract
3. 2026-04-14
   price $239,900
4. 2026-03-03
   listed $249,900 Active
5. 2021-03-30
   soldstatus $185,000
6. 2021-03-29
   soldstatus $185,000 Closed 637-char remark

   Show marketing remark (566 chars)

   North Pointe Townhomes is a little hidden jewel in North River Shores. This community of 5 townhomes is nestled in mature landscaping. This 2 bedroom, 2 bath townhome is ready for you to move in. Spacious master bedroom upstairs with balcony is perfect for a quiet evening prior to retiring. Laundry room is conveniently located on the 2nd floor. This townhome has been updated and ready for you to move in. Backyard is fenced with pavers and landscaped. Just waiting for your green thumb. Each townhome has a 1 car garage which is not easy to find! . Easy to show.

7. 2021-03-29
   soldstatus $185,000 Closed 566-char remark

   Show marketing remark (566 chars)

   North Pointe Townhomes is a little hidden jewel in North River Shores. This community of 5 townhomes is nestled in mature landscaping. This 2 bedroom, 2 bath townhome is ready for you to move in. Spacious master bedroom upstairs with balcony is perfect for a quiet evening prior to retiring. Laundry room is conveniently located on the 2nd floor. This townhome has been updated and ready for you to move in. Backyard is fenced with pavers and landscaped. Just waiting for your green thumb. Each townhome has a 1 car garage which is not easy to find! . Easy to show.

8. 2021-03-05
   status Pending 637-char remark

   Show marketing remark (637 chars)

   North Pointe Townhomes is a little hidden jewel in North River Shores. This community of 5 townhomes is nestled in mature landscaping. This 2 bedroom, 2 bath townhome is ready for you to move in. Spacious master bedroom upstairs with balcony is perfect for a quiet evening prior to retiring. Laundry room is conveniently located on the 2nd floor. This townhome has been updated and ready for you to move in. Backyard is fenced with pavers and landscaped. Just waiting for your green thumb. Each townhome has a 1 car garage which is not easy to find! Easy to show. Monthly fee includes building insurance, exterior maintenance and water.

9. 2021-02-18
   historical Active Under Contract 566-char remark

   Show marketing remark (637 chars)

   North Pointe Townhomes is a little hidden jewel in North River Shores. This community of 5 townhomes is nestled in mature landscaping. This 2 bedroom, 2 bath townhome is ready for you to move in. Spacious master bedroom upstairs with balcony is perfect for a quiet evening prior to retiring. Laundry room is conveniently located on the 2nd floor. This townhome has been updated and ready for you to move in. Backyard is fenced with pavers and landscaped. Just waiting for your green thumb. Each townhome has a 1 car garage which is not easy to find! Easy to show. Monthly fee includes building insurance, exterior maintenance and water.

10. 2021-02-18
    historical Active Under Contract 637-char remark

    Show marketing remark (637 chars)

    North Pointe Townhomes is a little hidden jewel in North River Shores. This community of 5 townhomes is nestled in mature landscaping. This 2 bedroom, 2 bath townhome is ready for you to move in. Spacious master bedroom upstairs with balcony is perfect for a quiet evening prior to retiring. Laundry room is conveniently located on the 2nd floor. This townhome has been updated and ready for you to move in. Backyard is fenced with pavers and landscaped. Just waiting for your green thumb. Each townhome has a 1 car garage which is not easy to find! Easy to show. Monthly fee includes building insurance, exterior maintenance and water.

11. 2021-02-12
    status Active 566-char remark

    Show marketing remark (637 chars)

    North Pointe Townhomes is a little hidden jewel in North River Shores. This community of 5 townhomes is nestled in mature landscaping. This 2 bedroom, 2 bath townhome is ready for you to move in. Spacious master bedroom upstairs with balcony is perfect for a quiet evening prior to retiring. Laundry room is conveniently located on the 2nd floor. This townhome has been updated and ready for you to move in. Backyard is fenced with pavers and landscaped. Just waiting for your green thumb. Each townhome has a 1 car garage which is not easy to find! Easy to show. Monthly fee includes building insurance, exterior maintenance and water.

12. 2021-02-12
    status Active 637-char remark

    Show marketing remark (637 chars)

    North Pointe Townhomes is a little hidden jewel in North River Shores. This community of 5 townhomes is nestled in mature landscaping. This 2 bedroom, 2 bath townhome is ready for you to move in. Spacious master bedroom upstairs with balcony is perfect for a quiet evening prior to retiring. Laundry room is conveniently located on the 2nd floor. This townhome has been updated and ready for you to move in. Backyard is fenced with pavers and landscaped. Just waiting for your green thumb. Each townhome has a 1 car garage which is not easy to find! Easy to show. Monthly fee includes building insurance, exterior maintenance and water.

13. 2021-01-06
    status Pending 637-char remark

    Show marketing remark (637 chars)

    North Pointe Townhomes is a little hidden jewel in North River Shores. This community of 5 townhomes is nestled in mature landscaping. This 2 bedroom, 2 bath townhome is ready for you to move in. Spacious master bedroom upstairs with balcony is perfect for a quiet evening prior to retiring. Laundry room is conveniently located on the 2nd floor. This townhome has been updated and ready for you to move in. Backyard is fenced with pavers and landscaped. Just waiting for your green thumb. Each townhome has a 1 car garage which is not easy to find! Easy to show. Monthly fee includes building insurance, exterior maintenance and water.

14. 2020-12-21
    historical Active Under Contract 566-char remark

    Show marketing remark (637 chars)

    North Pointe Townhomes is a little hidden jewel in North River Shores. This community of 5 townhomes is nestled in mature landscaping. This 2 bedroom, 2 bath townhome is ready for you to move in. Spacious master bedroom upstairs with balcony is perfect for a quiet evening prior to retiring. Laundry room is conveniently located on the 2nd floor. This townhome has been updated and ready for you to move in. Backyard is fenced with pavers and landscaped. Just waiting for your green thumb. Each townhome has a 1 car garage which is not easy to find! Easy to show. Monthly fee includes building insurance, exterior maintenance and water.

15. 2020-12-21
    historical Active Under Contract 637-char remark

    Show marketing remark (637 chars)

    North Pointe Townhomes is a little hidden jewel in North River Shores. This community of 5 townhomes is nestled in mature landscaping. This 2 bedroom, 2 bath townhome is ready for you to move in. Spacious master bedroom upstairs with balcony is perfect for a quiet evening prior to retiring. Laundry room is conveniently located on the 2nd floor. This townhome has been updated and ready for you to move in. Backyard is fenced with pavers and landscaped. Just waiting for your green thumb. Each townhome has a 1 car garage which is not easy to find! Easy to show. Monthly fee includes building insurance, exterior maintenance and water.

16. 2020-12-04
    price $185,000 566-char remark

    Show marketing remark (637 chars)

    North Pointe Townhomes is a little hidden jewel in North River Shores. This community of 5 townhomes is nestled in mature landscaping. This 2 bedroom, 2 bath townhome is ready for you to move in. Spacious master bedroom upstairs with balcony is perfect for a quiet evening prior to retiring. Laundry room is conveniently located on the 2nd floor. This townhome has been updated and ready for you to move in. Backyard is fenced with pavers and landscaped. Just waiting for your green thumb. Each townhome has a 1 car garage which is not easy to find! Easy to show. Monthly fee includes building insurance, exterior maintenance and water.

17. 2020-12-04
    price $185,000 637-char remark

    Show marketing remark (637 chars)

    North Pointe Townhomes is a little hidden jewel in North River Shores. This community of 5 townhomes is nestled in mature landscaping. This 2 bedroom, 2 bath townhome is ready for you to move in. Spacious master bedroom upstairs with balcony is perfect for a quiet evening prior to retiring. Laundry room is conveniently located on the 2nd floor. This townhome has been updated and ready for you to move in. Backyard is fenced with pavers and landscaped. Just waiting for your green thumb. Each townhome has a 1 car garage which is not easy to find! Easy to show. Monthly fee includes building insurance, exterior maintenance and water.

18. 2020-09-17
    status Active 566-char remark

    Show marketing remark (637 chars)

    North Pointe Townhomes is a little hidden jewel in North River Shores. This community of 5 townhomes is nestled in mature landscaping. This 2 bedroom, 2 bath townhome is ready for you to move in. Spacious master bedroom upstairs with balcony is perfect for a quiet evening prior to retiring. Laundry room is conveniently located on the 2nd floor. This townhome has been updated and ready for you to move in. Backyard is fenced with pavers and landscaped. Just waiting for your green thumb. Each townhome has a 1 car garage which is not easy to find! Easy to show. Monthly fee includes building insurance, exterior maintenance and water.

19. 2020-09-17
    status Active 637-char remark

    Show marketing remark (637 chars)

    North Pointe Townhomes is a little hidden jewel in North River Shores. This community of 5 townhomes is nestled in mature landscaping. This 2 bedroom, 2 bath townhome is ready for you to move in. Spacious master bedroom upstairs with balcony is perfect for a quiet evening prior to retiring. Laundry room is conveniently located on the 2nd floor. This townhome has been updated and ready for you to move in. Backyard is fenced with pavers and landscaped. Just waiting for your green thumb. Each townhome has a 1 car garage which is not easy to find! Easy to show. Monthly fee includes building insurance, exterior maintenance and water.

20. 2020-09-14
    historical Active Under Contract 566-char remark

    Show marketing remark (566 chars)

    North Pointe Townhomes is a little hidden jewel in North River Shores. This community of 5 townhomes is nestled in mature landscaping. This 2 bedroom, 2 bath townhome is ready for you to move in. Spacious master bedroom upstairs with balcony is perfect for a quiet evening prior to retiring. Laundry room is conveniently located on the 2nd floor. This townhome has been updated and ready for you to move in. Backyard is fenced with pavers and landscaped. Just waiting for your green thumb. Each townhome has a 1 car garage which is not easy to find! . Easy to show.

21. 2020-09-12
    historical Active Under Contract 637-char remark

    Show marketing remark (637 chars)

    North Pointe Townhomes is a little hidden jewel in North River Shores. This community of 5 townhomes is nestled in mature landscaping. This 2 bedroom, 2 bath townhome is ready for you to move in. Spacious master bedroom upstairs with balcony is perfect for a quiet evening prior to retiring. Laundry room is conveniently located on the 2nd floor. This townhome has been updated and ready for you to move in. Backyard is fenced with pavers and landscaped. Just waiting for your green thumb. Each townhome has a 1 car garage which is not easy to find! Easy to show. Monthly fee includes building insurance, exterior maintenance and water.

22. 2020-08-14
    price $190,000 566-char remark

    Show marketing remark (637 chars)

    North Pointe Townhomes is a little hidden jewel in North River Shores. This community of 5 townhomes is nestled in mature landscaping. This 2 bedroom, 2 bath townhome is ready for you to move in. Spacious master bedroom upstairs with balcony is perfect for a quiet evening prior to retiring. Laundry room is conveniently located on the 2nd floor. This townhome has been updated and ready for you to move in. Backyard is fenced with pavers and landscaped. Just waiting for your green thumb. Each townhome has a 1 car garage which is not easy to find! Easy to show. Monthly fee includes building insurance, exterior maintenance and water.

23. 2020-08-14
    price $190,000 637-char remark

    Show marketing remark (637 chars)

    North Pointe Townhomes is a little hidden jewel in North River Shores. This community of 5 townhomes is nestled in mature landscaping. This 2 bedroom, 2 bath townhome is ready for you to move in. Spacious master bedroom upstairs with balcony is perfect for a quiet evening prior to retiring. Laundry room is conveniently located on the 2nd floor. This townhome has been updated and ready for you to move in. Backyard is fenced with pavers and landscaped. Just waiting for your green thumb. Each townhome has a 1 car garage which is not easy to find! Easy to show. Monthly fee includes building insurance, exterior maintenance and water.

24. 2020-07-10
    listed $195,000 Active 637-char remark

    Show marketing remark (566 chars)

    North Pointe Townhomes is a little hidden jewel in North River Shores. This community of 5 townhomes is nestled in mature landscaping. This 2 bedroom, 2 bath townhome is ready for you to move in. Spacious master bedroom upstairs with balcony is perfect for a quiet evening prior to retiring. Laundry room is conveniently located on the 2nd floor. This townhome has been updated and ready for you to move in. Backyard is fenced with pavers and landscaped. Just waiting for your green thumb. Each townhome has a 1 car garage which is not easy to find! . Easy to show.

25. 2020-07-10
    listed $195,000 Active 566-char remark

    Show marketing remark (566 chars)

    North Pointe Townhomes is a little hidden jewel in North River Shores. This community of 5 townhomes is nestled in mature landscaping. This 2 bedroom, 2 bath townhome is ready for you to move in. Spacious master bedroom upstairs with balcony is perfect for a quiet evening prior to retiring. Laundry room is conveniently located on the 2nd floor. This townhome has been updated and ready for you to move in. Backyard is fenced with pavers and landscaped. Just waiting for your green thumb. Each townhome has a 1 car garage which is not easy to find! . Easy to show.

26. 2013-08-02
    soldstatus $42,000
27. 2013-07-29
    historical
28. 2013-03-07
    listed $54,900
29. 2007-04-18
    soldstatus $160,000

ⓘ 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: $3,414 · $285/mo
• Projected year-2 tax: $3,414 · $285/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 7/10 Severe FEMA zone X (shaded) · 76% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥106°F today · 25 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: $30,313
• − Mortgage interest: −$13,438
• − Property taxes: −$3,414
• − Insurance: −$1,997
• − Repairs & maintenance: −$2,425
• − Management: −$2,425
• − HOA: −$4,800
• − Depreciation: −$6,979
• Taxable loss: −$5,165
• Est. tax savings @ 24.0%: +$1,240
• After-tax cash flow: $-121/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 — North River Shores

• Score: 74/100
• State rank: #292
• US rank: #4906

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: North River Shores, FL
• County: Martin County · 165,223 people
• Metro: Port St. Lucie, FL
• Population (ZIP): 18,737
• Household income: $62,533
• Rent vs Own: 42.1% rent · 57.9% own
• Severe rent burden: 1408.0

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: Majority White (65%)
• Race & ethnicity: White 65% Hispanic / Latino 21% Two or more races 12% Black 11%
• Hispanic origin (detail): Mexican 6% Puerto Rican 5% Cuban 1%
• Common ancestry: Romanian 5% Lithuanian 3% Slovak 2%
• Foreign-born: 12% · Canada
• Languages at home: 80% English-only · Spanish 16% Russian/Polish/Slavic 2% 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: ▼ -130.08%
• Current HPI: 349.7061
• Rent YoY: ▼ -0.69%
• 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

+49.9% since first listed

29 events — show timeline

• 2026-05-13 Pending — MCRTC
• 2026-04-29 Contingent — MCRTC
• 2026-04-14 Price Changed $239,900 MCRTC
• 2026-03-03 Listed $249,900 MCRTC
• 2021-03-30 Sold (Public Records) $185,000 Public Records
• 2021-03-29 Sold (MLS) $185,000 Beaches MLS
• 2021-03-29 Sold (MLS) $185,000 MCRTC
• 2021-03-05 Pending — MCRTC
• 2021-02-18 Contingent — Beaches MLS
• 2021-02-18 Contingent — MCRTC
• 2021-02-12 Relisted — Beaches MLS
• 2021-02-12 Relisted — MCRTC
• 2021-01-06 Pending — MCRTC
• 2020-12-21 Contingent — Beaches MLS
• 2020-12-21 Contingent — MCRTC
• 2020-12-04 Price Changed $185,000 Beaches MLS
• 2020-12-04 Price Changed $185,000 MCRTC
• 2020-09-17 Relisted — Beaches MLS
• 2020-09-17 Relisted — MCRTC
• 2020-09-14 Contingent — Beaches MLS
• 2020-09-12 Contingent — MCRTC
• 2020-08-14 Price Changed $190,000 Beaches MLS
• 2020-08-14 Price Changed $190,000 MCRTC
• 2020-07-10 Listed $195,000 Beaches MLS
• 2020-07-10 Listed $195,000 MCRTC
• 2013-08-02 Sold (MLS) $42,000 Beaches MLS
• 2013-07-29 Listing Removed — Beaches MLS
• 2013-03-07 Listed $54,900 Beaches MLS
• 2007-04-18 Sold (Public Records) $160,000 Public Records

Property tax history

+15.7%/yr

Latest (2025): $3,414 · -4.0% YoY. Source: county tax records.