3060 Five Iron Dr · Port St. Lucie, FL 34952

$99,500

2 bd · 2.0 ba · 1,164 sqft · Manufactured public records · 143 Days on market

Built 2003 6,800 sqft lot Est $130k · 24% under $310/mo HOA · 15% of rent

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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 +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• 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

Designed for entertaining, this Beachcomber model offers 2 spacious bedrooms, 2 baths, a formal dining area along with a cozy breakfast nook, 27' enclosed lanai and a NorthEast exposure for year round living. Home features beautiful plantation shutters, wood laminate and tile throughout, new A/C in 2020, oversized shed, decor drive and all furnishings and golf cart are negotiable. It's located in the desirable amenity packed Savanna Club 55+ community known for it's abundant activities along with convenient access to the beaches, shopping, restaurants and medical facilities.

Key facts

• Beachcomber model
• Formal dining room
• Wood laminate

Tags

• BEACHCOMBER MODEL
• FORMAL DINING ROOM
• EAT IN KITCHEN
• ENCLOSED LANAI
• PLANTATION SHUTTERS
• WOOD LAMINATE

Property features AI

Finance

• Other: Senior community
• Financial info: Pets allowed (breed restrictions, number limits, possible pet restrictions)
• HOA & community: Community association with monthly fee; Association amenities include clubhouse, pool, fitness center, spa/hot tub, sauna, tennis courts, pickleball and shuffleboard courts, golf course, putting green, jogging path, basketball court, billiard room, cafe/restaurant, community room, manager on site, internet included, recreation facilities

Exterior

• Parking: Attached carport (2 spaces); Driveway with decorative paving; 2 covered/open parking spaces
• Security: Gated community (no guard); Security patrol
• Utilities: Public water; Public sewer; Three-phase electric service available; Cable available; Underground utilities; Water and sewer available
• Home design: Manufactured home; Single-story; Entry-level living area; Faces east
• Construction: Vinyl siding; Modular construction; Composition/shingle roof; Resale condition; Built as a manufactured home (public records)
• Exterior features: Screened porch; Open porch; Shed(s)

Interior

• Kitchen: Dishwasher; Electric range; Microwave; Refrigerator; Electric water heater
• Bedrooms: 2 main-level bedrooms
• Flooring: Ceramic tile; Laminate
• Bathrooms: 2 full bathrooms (main level)
• Heating & cooling: Central electric heating; Central air conditioning; Ceiling fans
• Interior features: High ceilings; Stacked bedroom layout; Custom mirrors
• Laundry & utility: Inside laundry in a laundry closet

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $100k.

Deal economics

• At list price, monthly cash flow is $490 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $100k).
• Recommended offer: $88k (12.0% below list) — sets the bar for market timing.
• Cap rate 12.2% 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.
• Market conditions: Rents rising (+1.9%/yr); 639 active listings in the ZIP; 9 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 40% 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 $688 of loan paydown is wiped out by about $3k 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 $28k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 143 days — a 12% lower offer ($88k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 9y ago; this cycle's ask has dropped $48k (33%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 3.1% of price.
• 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 $87,560 (12.0% below list)

Questions for the listing agent

1. It's been on market 143 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 2.07% ✓
• Cap rate: 12.21%
• Cash-on-cash: 21.12%
• DSCR: 1.94
• GRM: 4.0

CMA / ARV

• ARV (on-the-fly): $130,368
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3033 Satinleaf Ln	0.17mi	2/2.0	1,248 (+7%)	4mo	$195,000	$156	77
2948 Fiddlewood Cir	0.20mi	2/2.0	1,280 (+10%)	1mo	$122,000	$95	73
3422 Feriwinkle Ct	0.45mi	2/2.0	1,184 (+2%)	4mo	$205,000	$173	73
3005 Approach Shot Way	0.19mi	2/2.0	1,333 (+14%)	3mo	$149,900	$112	64
7953 Horned Lark Cir	0.37mi	2/2.0	1,286 (+10%)	1mo	$130,000	$101	64
7 Giralda	0.62mi	2/2.0	1,200 (+3%)	4mo	$21,000	$18	62
3801 Meadowlark Cir	0.58mi	2/2.0	1,216 (+4%)	4mo	$152,000	$125	62
31 Huarte Way	0.71mi	2/2.0	1,188 (+2%)	3mo	$45,000	$38	61
7921 Meadowlark Ln	0.49mi	2/2.0	1,301 (+12%)	2mo	$115,000	$88	55
3788 Satinwood Ct	0.70mi	2/2.0	1,090 (-6%)	2mo	$150,000	$138	55
8506 Redbay Ct	0.49mi	2/2.0	1,036 (-11%)	6mo	$193,000	$186	54
10 Padre	0.73mi	2/2.0	1,280 (+10%)	4mo	$38,000	$30	46

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: 12.1%
• Equity multiple: 1.47×
• Total profit: $13,207
• Equity at exit: $14,836

10-year hold

• IRR: 20.0%
• Equity multiple: 2.58×
• Total profit: $44,085
• Equity at exit: $8,603

Cash invested: $27,860 (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: 4.0×

Monthly cashflow live

• Estimated rent: $2,056 high
• Mortgage (P&I): −$522
• Tax from tax record: −$260 /mo · $3,125/yr
• Insurance: −$41
• HOA: −$310
• Vacancy / Maint / Mgmt: −$432
• Net cashflow: $490

Break-even live

Break-even rent $1,435

Max offer price $99,500

Occupancy floor 71%

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: $24,875
• Closing costs: $2,985
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3784 Sapodilla Ct Port Saint Lucie, FL	2.0	2.0	1121	$2,300	$2.05	23d	1	0.66mi
1900 Bella Vista Way Port Saint Lucie, FL	1.0–2.0	1.0–2.0	995	$1,764	$1.77	14d	15	0.66mi
71 W Caribbean Port St. Lucie, FL	2.0	2.0	1417	$1,700	$1.20	23d	1	0.85mi
1131 SE Parrish Ct Port Saint Lucie, FL	2.0	1.0	902	$2,000	$2.22	23d	1	1.11mi
1811 SE Walton Lakes Dr Port Saint Lucie, FL	2.0	1.0–2.0	1117	$1,926	$1.72	14d	6	1.12mi
1810 SE Pinewood Trl Port Saint Lucie, FL	1.0–2.0	1.0–2.0	1013	$2,055	$2.03	14d	7	1.14mi
2058 SE Wild Meadow Cir #101 Port St Lucie, FL	2.0	2.5	1425	$2,200	$1.54	14d	1	1.21mi
2209 SE East Dunbrooke Cir Port Saint Lucie, FL	3.0	2.0	1212	$2,950	$2.43	14d	1	1.24mi
2130 SE Wild Meadow Cir Port Saint Lucie, FL	2.0	2.0	1440	$1,695	$1.18	14d	1	1.24mi

HOA detail

• Monthly dues: $310 · $3,720/yr

Listing history 29 events

1. 2026-06-18
   days on market $99,500 Active 143 DOM
2. 2026-06-17
   days on market $99,500 Active 142 DOM
3. 2026-06-16
   days on market $99,500 Active 141 DOM
4. 2026-06-15
   days on market $99,500 Active 140 DOM
5. 2026-06-14
   days on market $99,500 Active 138 DOM
6. 2026-06-13
   pricedays on market $99,500 Active 137 DOM
7. 2026-06-10
   days on market $119,900 Active 135 DOM
8. 2026-06-09
   days on market $119,900 Active 134 DOM
9. 2026-06-08
   days on market $119,900 Active 133 DOM
10. 2026-06-07
    days on market $119,900 Active 132 DOM
11. 2026-06-05
    remarks 699-char remark
12. 2026-06-05
    days on market $119,900 Active 129 DOM
13. 2026-06-03
    days on market $119,900 Active 128 DOM
14. 2026-06-02
    days on market $119,900 Active 127 DOM
15. 2026-06-01
    days on market $119,900 Active 126 DOM
16. 2026-05-31
    days on market $119,900 Active 125 DOM
17. 2026-05-30
    days on market $119,900 Active 124 DOM
18. 2026-04-23
    price $119,900
19. 2026-03-20
    price $132,900
20. 2026-03-15
    price $139,900
21. 2026-01-25
    listed $147,900 Active
22. 2020-09-30
    soldstatus $88,000 Closed 581-char remark

    Show marketing remark (581 chars)

    Designed for entertaining, this Beachcomber model offers 2 spacious bedrooms, 2 baths, a formal dining area along with a cozy breakfast nook, 27' enclosed lanai and a NorthEast exposure for year round living. Home features beautiful plantation shutters, wood laminate and tile throughout, new A/C in 2020, oversized shed, decor drive and all furnishings and golf cart are negotiable. It's located in the desirable amenity packed Savanna Club 55+ community known for it's abundant activities along with convenient access to the beaches, shopping, restaurants and medical facilities.

23. 2020-08-17
    historical Active Under Contract 581-char remark

    Show marketing remark (581 chars)

    Designed for entertaining, this Beachcomber model offers 2 spacious bedrooms, 2 baths, a formal dining area along with a cozy breakfast nook, 27' enclosed lanai and a NorthEast exposure for year round living. Home features beautiful plantation shutters, wood laminate and tile throughout, new A/C in 2020, oversized shed, decor drive and all furnishings and golf cart are negotiable. It's located in the desirable amenity packed Savanna Club 55+ community known for it's abundant activities along with convenient access to the beaches, shopping, restaurants and medical facilities.

24. 2020-07-13
    price $89,500 581-char remark

    Show marketing remark (581 chars)

    Designed for entertaining, this Beachcomber model offers 2 spacious bedrooms, 2 baths, a formal dining area along with a cozy breakfast nook, 27' enclosed lanai and a NorthEast exposure for year round living. Home features beautiful plantation shutters, wood laminate and tile throughout, new A/C in 2020, oversized shed, decor drive and all furnishings and golf cart are negotiable. It's located in the desirable amenity packed Savanna Club 55+ community known for it's abundant activities along with convenient access to the beaches, shopping, restaurants and medical facilities.

25. 2020-03-25
    listed $92,500 Active 581-char remark

    Show marketing remark (581 chars)

    Designed for entertaining, this Beachcomber model offers 2 spacious bedrooms, 2 baths, a formal dining area along with a cozy breakfast nook, 27' enclosed lanai and a NorthEast exposure for year round living. Home features beautiful plantation shutters, wood laminate and tile throughout, new A/C in 2020, oversized shed, decor drive and all furnishings and golf cart are negotiable. It's located in the desirable amenity packed Savanna Club 55+ community known for it's abundant activities along with convenient access to the beaches, shopping, restaurants and medical facilities.

26. 2017-10-18
    soldstatus $75,000 Closed 334-char remark

    Show marketing remark (334 chars)

    You will Love it! Bright, Cheerful 2/2. Turnkey, Big Enclosed Front Porch, Wood and Tile T/out, Freshly Painted, AC is about 2 yrs old with UV light, Hurricane Shutters, Beautifully Furnished with 3 TV's . Nicely Redone Kitchen Cabs. Keep it Simple.. Bring your Suitcase Only! Impeccably Cared for Home! Lower Land Lease To Start!

27. 2017-09-03
    status Pending 334-char remark

    Show marketing remark (334 chars)

    You will Love it! Bright, Cheerful 2/2. Turnkey, Big Enclosed Front Porch, Wood and Tile T/out, Freshly Painted, AC is about 2 yrs old with UV light, Hurricane Shutters, Beautifully Furnished with 3 TV's . Nicely Redone Kitchen Cabs. Keep it Simple.. Bring your Suitcase Only! Impeccably Cared for Home! Lower Land Lease To Start!

28. 2017-07-11
    listed $79,900 Active 334-char remark

    Show marketing remark (334 chars)

    You will Love it! Bright, Cheerful 2/2. Turnkey, Big Enclosed Front Porch, Wood and Tile T/out, Freshly Painted, AC is about 2 yrs old with UV light, Hurricane Shutters, Beautifully Furnished with 3 TV's . Nicely Redone Kitchen Cabs. Keep it Simple.. Bring your Suitcase Only! Impeccably Cared for Home! Lower Land Lease To Start!

29. 2004-03-16
    soldstatus $116,700

ⓘ 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: $3,125 · $260/mo
• Projected year-2 tax: $3,125 · $260/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 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: $24,670
• − Mortgage interest: −$5,574
• − Property taxes: −$3,125
• − Insurance: −$498
• − Repairs & maintenance: −$1,974
• − Management: −$1,974
• − HOA: −$3,720
• − Depreciation: −$2,895
• Taxable income: $4,912
• Est. tax owed @ 24.0%: −$1,179
• After-tax cash flow: $4,706/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

+2.7% since first listed

12 events — show timeline

• 2026-04-23 Price Changed $119,900 Beaches MLS
• 2026-03-20 Price Changed $132,900 Beaches MLS
• 2026-03-15 Price Changed $139,900 Beaches MLS
• 2026-01-25 Listed $147,900 Beaches MLS
• 2020-09-30 Sold (MLS) $88,000 Beaches MLS
• 2020-08-17 Contingent — Beaches MLS
• 2020-07-13 Price Changed $89,500 Beaches MLS
• 2020-03-25 Listed $92,500 Beaches MLS
• 2017-10-18 Sold (MLS) $75,000 Beaches MLS
• 2017-09-03 Pending — Beaches MLS
• 2017-07-11 Listed $79,900 Beaches MLS
• 2004-03-16 Sold (Public Records) $116,700 Public Records

Property tax history

+9.8%/yr

Latest (2025): $3,125 · +4.6% YoY. Source: county tax records.