42 Golf Dr · River Park, FL 34952

$29,900

2 bd · 2.0 ba · 902 sqft · Manufactured · 253 Days on market

Built 1973 Est $26k · 14% over

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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 +15.0/30.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Schools +3.7/10.0
• Livability +3.5/5.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• ARV discount +1.1/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

This house is a 2 Br, 2 Bath with Big living room, kitchen and patio room and will need some TLC. Located in the prestigious Spanish Lakes One a 55+ Community on the Treasure Coast of Florida, amenities include no HOA Free golf, Tennis, Clubhouse, Pools, bocce ball, shuffleboard, many clubhouse activities and much more. Spanish Lakes One is located in the heart of Port Saint Lucie close to Beach, Parks, Civic center, shopping, medical facilities, take out or eat in food resturants. This home is perfest for the handyman that can fix anything.

Key facts

• Tennis
• New kitchen
• Pickleball

Tags

• NEW KITCHEN
• GRANITE COUNTERS
• TWO POOLS
• TENNIS
• PICKLEBALL
• SHUFFLEBOARD

Property features AI

Finance

• Other: Located east of US-1; Directions: US Hwy 1 to Mediterranean Blvd North, continue half mile then right onto Golf Drive; home on the left (#42)
• Financial info: Pets allowed (pet restrictions possible)
• HOA & community: Has association; Association amenities include: clubhouse, pool, fitness center, sauna, billiard/game room, library, community room, dog park, tennis courts, pickleball courts, shuffleboard court; Association covers maintenance of grounds, security, trash, common real estate tax, and golf; Senior community

Exterior

• Parking: 2 open parking spaces
• Security: Security patrol
• Utilities: Three-phase electric; Water available
• Home design: Mobile home (Modular); Multi/split levels; Faces west; Resale condition
• Construction: Modular construction; Composition/shingle roof; Aluminum skirt; 41' x 22' mobile dimensions; 1 story
• Exterior features: On golf course; Shed(s)

Interior

• Kitchen: Dishwasher; Electric range; Refrigerator
• Bedrooms: 2 main-level bedrooms
• Flooring: Vinyl
• Bathrooms: 2 full bathrooms (both on main level)
• Heating & cooling: Central electric heating; Central electric air conditioning
• Interior features: Kitchen island; Drapes
• Laundry & utility: Washer hookup; Dryer hookup

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $30k.

Deal economics

• At list price, monthly cash flow is $1k ($15k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $30k).
• Recommended offer: $26k (12.0% below list) — sets the bar for market timing.
• Cap rate 55.4% vs local median 6.3% in River Park — 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 69/100 on livability (#451 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, commute A-; Watch: amenities F, employment 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: Savanna Ridge Elementary School (math 40% / reading 45%, grade F, #1,383 of 2,144 statewide, top 65%, 452 students, 75% FRL); Port St. Lucie High School (math 21% / reading 43%, grade F, #415 of 667 statewide, top 63%, 1,748 students, 67% FRL).
• Market conditions: Rents rising (+1.9%/yr); 639 active listings in the ZIP; 10 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).
• This rent runs 35% 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 $207 of loan paydown is wiped out by about $897 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 $8k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 253 days — a 12% lower offer ($26k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 7y ago; this cycle's ask has dropped $30k (50%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $8k; list at $30k implies a 274% 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 6→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $26,312 (12.0% below list)

Questions for the listing agent

1. It's been on market 253 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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 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?
6. 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?
7. 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.
8. 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.
9. 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: 6.06% ✓
• Cap rate: 55.43%
• Cash-on-cash: 175.48%
• DSCR: 8.81
• GRM: 1.4

CMA / ARV

• ARV (on-the-fly): $26,158
• Comps found: 8

Show comp detail 8 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
37 El Camino Real	0.26mi	2/2.0	984 (+9%)	1mo	$15,000	$15	72
5 Espanola Ln	0.23mi	2/1.5	850 (-6%)	16mo	$33,000	$39	65
12 Nuestra Calle Ln	0.48mi	2/2.0	984 (+9%)	6mo	$26,000	$26	58
46 Spanish Way	0.38mi	2/2.0	984 (+9%)	13mo	$15,000	$15	56
18 Cozumel Ln	0.60mi	2/2.0	840 (-7%)	8mo	$20,000	$24	54
66 Spanish Way	0.48mi	2/2.0	984 (+9%)	14mo	$28,900	$29	51
8471 Florence Dr	0.73mi	2/2.0	966 (+7%)	6mo	$110,000	$114	49
541 Natalie Dr	0.67mi	2/2.0	1,032 (+14%)	22mo	$85,000	$82	26

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: —
• Equity multiple: 9.51×
• Total profit: $71,208
• Equity at exit: $4,458

10-year hold

• IRR: —
• Equity multiple: 19.48×
• Total profit: $154,701
• Equity at exit: $2,585

Cash invested: $8,372 (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: 1.4×

Monthly cashflow live

• Estimated rent: $1,811 high
• Mortgage (P&I): −$157
• Tax est. 1.5%: −$37 /mo · $448/yr
• Insurance: −$12
• HOA: −$0
• Vacancy / Maint / Mgmt: −$380
• Net cashflow: $1,224

Break-even live

Break-even rent $262

Max offer price $29,900

Occupancy floor 27%

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: $7,475
• Closing costs: $897
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1900 Bella Vista Way Port Saint Lucie, FL	1.0–2.0	1.0–2.0	995	$1,764	$1.77	13d	15	0.72mi
7700 Pine Lakes Blvd Port Saint Lucie, FL	1.0–3.0	1.0–2.0	1022	$1,878	$1.84	13d	16	0.91mi
124 E Arbor Ave Port Saint Lucie, FL	3.0	1.0	964	$2,550	$2.65	13d	1	1.06mi
13 Lake Vista Trl #205 Port Saint Lucie, FL	1.0	1.5	800	$1,375	$1.72	23d	1	1.15mi
11 Lake Vista Trl #206 Port Saint Lucie, FL	2.0	2.0	1080	$1,400	$1.30	23d	1	1.23mi
8 Lake Vista Trl #205 Port Saint Lucie, FL	1.0	1.5	800	$1,500	$1.88	23d	1	1.25mi
28 Lake Vista Trl #205 Port Saint Lucie, FL	1.0	1.5	800	$1,600	$2.00	23d	1	1.30mi
30 Lake Vista Trl #205 Port Saint Lucie, FL	1.0	1.5	800	$1,300	$1.62	23d	1	1.32mi
4 Lake Vista Trl #202 Port Saint Lucie, FL	2.0	2.0	1080	$1,700	$1.57	21d	1	1.34mi
326 Shady Ln Port Saint Lucie, FL	3.0	2.0	1030	$2,250	$2.18	23d	1	1.39mi

Listing history 26 events

1. 2026-06-18
   days on market $29,900 Active 253 DOM
2. 2026-06-17
   days on market $29,900 Active 252 DOM
3. 2026-06-16
   days on market $29,900 Active 251 DOM
4. 2026-06-15
   days on market $29,900 Active 250 DOM
5. 2026-06-14
   days on market $29,900 Active 248 DOM
6. 2026-06-13
   days on market $29,900 Active 247 DOM
7. 2026-06-10
   days on market $29,900 Active 245 DOM
8. 2026-06-09
   days on market $29,900 Active 244 DOM
9. 2026-06-08
   days on market $29,900 Active 243 DOM
10. 2026-06-07
    days on market $29,900 Active 242 DOM
11. 2026-06-05
    days on market $29,900 Active 239 DOM
12. 2026-06-03
    days on market $29,900 Active 238 DOM
13. 2026-06-02
    days on market $29,900 Active 237 DOM
14. 2026-06-01
    days on market $29,900 Active 236 DOM
15. 2026-05-31
    days on market $29,900 Active 235 DOM
16. 2026-05-30
    pricedays on market $29,900 Active 234 DOM
17. 2026-04-13
    price $35,000
18. 2026-02-19
    price $40,000
19. 2025-12-08
    price $55,000
20. 2025-10-07
    listed $59,900 Active
21. 2023-09-06
    soldstatus $8,000 Closed 548-char remark

    Show marketing remark (548 chars)

    This house is a 2 Br, 2 Bath with Big living room, kitchen and patio room and will need some TLC. Located in the prestigious Spanish Lakes One a 55+ Community on the Treasure Coast of Florida, amenities include no HOA Free golf, Tennis, Clubhouse, Pools, bocce ball, shuffleboard, many clubhouse activities and much more. Spanish Lakes One is located in the heart of Port Saint Lucie close to Beach, Parks, Civic center, shopping, medical facilities, take out or eat in food resturants. This home is perfest for the handyman that can fix anything.

22. 2023-04-14
    listed $35,000 Active 548-char remark

    Show marketing remark (548 chars)

    This house is a 2 Br, 2 Bath with Big living room, kitchen and patio room and will need some TLC. Located in the prestigious Spanish Lakes One a 55+ Community on the Treasure Coast of Florida, amenities include no HOA Free golf, Tennis, Clubhouse, Pools, bocce ball, shuffleboard, many clubhouse activities and much more. Spanish Lakes One is located in the heart of Port Saint Lucie close to Beach, Parks, Civic center, shopping, medical facilities, take out or eat in food resturants. This home is perfest for the handyman that can fix anything.

23. 2019-06-21
    soldstatus $6,000 Sold 333-char remark

    Show marketing remark (333 chars)

    Note For Park Approved Buyers Purchase price is lower Market rent for 42 Golf Drive is $603.41 per month for 12 months, if purchased by 6/30/19. AC 1 year old Floors solid Kitchen is dated Backs onto the Golf Course CALL Spanish Lakes 772-878-2575 For Park Approval Call Spanish Lakes 772-878-5513 For questions about Land Lease

24. 2019-06-04
    status Pending 333-char remark

    Show marketing remark (333 chars)

    Note For Park Approved Buyers Purchase price is lower Market rent for 42 Golf Drive is $603.41 per month for 12 months, if purchased by 6/30/19. AC 1 year old Floors solid Kitchen is dated Backs onto the Golf Course CALL Spanish Lakes 772-878-2575 For Park Approval Call Spanish Lakes 772-878-5513 For questions about Land Lease

25. 2019-05-26
    historical Pending W/Cont 333-char remark

    Show marketing remark (333 chars)

    Note For Park Approved Buyers Purchase price is lower Market rent for 42 Golf Drive is $603.41 per month for 12 months, if purchased by 6/30/19. AC 1 year old Floors solid Kitchen is dated Backs onto the Golf Course CALL Spanish Lakes 772-878-2575 For Park Approval Call Spanish Lakes 772-878-5513 For questions about Land Lease

26. 2019-02-01
    listed $7,500 Active 333-char remark

    Show marketing remark (333 chars)

    Note For Park Approved Buyers Purchase price is lower Market rent for 42 Golf Drive is $603.41 per month for 12 months, if purchased by 6/30/19. AC 1 year old Floors solid Kitchen is dated Backs onto the Golf Course CALL Spanish Lakes 772-878-2575 For Park Approval Call Spanish Lakes 772-878-5513 For questions about Land Lease

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

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 6 d/yr ≥106°F today · 20 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: $21,735
• − Mortgage interest: −$1,675
• − Property taxes: −$448
• − Insurance: −$150
• − Repairs & maintenance: −$1,739
• − Management: −$1,739
• − Depreciation: −$870
• Taxable income: $15,115
• Est. tax owed @ 24.0%: −$3,628
• After-tax cash flow: $11,063/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 — River Park

• Score: 69/100
• State rank: #451
• US rank: #8159

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Saint Lucie County · 337,150 people
• 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

+366.7% since first listed

10 events — show timeline

• 2026-04-13 Price Changed $35,000 Beaches MLS
• 2026-02-19 Price Changed $40,000 Beaches MLS
• 2025-12-08 Price Changed $55,000 Beaches MLS
• 2025-10-07 Listed $59,900 Beaches MLS
• 2023-09-06 Sold (MLS) $8,000 MCRTC
• 2023-04-14 Listed $35,000 MCRTC
• 2019-06-21 Sold (MLS) $6,000 MCRTC
• 2019-06-04 Pending — MCRTC
• 2019-05-26 Contingent — MCRTC
• 2019-02-01 Listed $7,500 MCRTC