6903 Lakeland Blvd · Lakewood Park, FL 34951

$333,990

3 bd · 2.0 ba · 1,263 sqft · Land · 136 Days on market

Built 2026 9,900 sqft lot

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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 +11.4/30.0
• 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

3 bed | 2 bath | 2-bay | 1263 sq. ft.

Key facts

• Quartz countertops
• Dishwasher
• Smooth-top range

Tags

• QUARTZ COUNTERTOPS
• STAINLESS STEEL APPLIANCES
• SMOOTH-TOP RANGE
• OVER-THE-RANGE MICROWAVE
• DISHWASHER
• WELCOMING DINING AREA

Property features AI

Finance

• Other: Lot approximately 0.23 acres (paved road access); Living area reported as 1,263 square feet (builder source); Permit number 2502-008348; Builder license CGC1517458

Exterior

• Parking: Attached 2-car garage (19 x 20) with garage door opener; Driveway
• Security: Smoke detector(s)
• Utilities: Well water; Septic tank; Electricity connected; Water connected; Sewer connected
• Home design: Single family residence; One-story (single level); Under construction (projected completion July 7, 2026); Faces west
• Construction: Block and stucco construction; Shingle roof; Slab foundation; New construction; Built by Century Complete (model ALTON-B6)
• Exterior features: Lighting; Sidewalk; Sliding doors; Other exterior features

Interior

• Kitchen: Range; Microwave; Dishwasher; Electric water heater
• Bedrooms: 3 bedrooms
• Flooring: Carpet
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Electric heat pump; Central air conditioning
• Interior features: Open floorplan; Stone counters; Programmable thermostat; Walk-in closet(s); Double-pane, insulated thermal windows
• Laundry & utility: Inside laundry room with washer and electric dryer hookups

🏗️ 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 $334k.

Deal economics

• At list price, monthly cash flow is $-115 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $314k (6.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $234k (30.1% below list).
• Recommended offer: $234k (30.1% 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: schools F, amenities F, commute F.
• 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: 294 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals at typical pace (median 22d 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 44% of the median local income ($63k/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 $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 136 days — a 12% lower offer ($294k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 5y 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 $73k; list at $334k implies a 358% 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 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $233,539 (30.1% 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 136 days. Have you received any prior offers? Is the seller open to a 30% concession, seller financing, or rate buy-down credit?
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: 0.70% ✗
• Cap rate: 5.88%
• Cash-on-cash: -1.48%
• 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: -18.8%
• Equity multiple: 0.34×
• Total profit: $-61,651
• Equity at exit: $49,799

10-year hold

• IRR: -11.4%
• Equity multiple: 0.32×
• Total profit: $-63,876
• Equity at exit: $28,877

Cash invested: $93,517 (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: 294
• Price-to-rent: 11.9×

Monthly cashflow live

• Estimated rent: $2,335 high
• Mortgage (P&I): −$1,751
• Tax from tax record: −$70 /mo · $837/yr
• Insurance: −$139
• HOA: −$0
• Vacancy / Maint / Mgmt: −$490
• Net cashflow: $-115

Break-even live

Break-even rent $2,482

Max offer price $313,599

Occupancy floor 100%

Sensitivity live

Price	-10% $74	-5% $-21	+0% $-115	+5% $-210	+10% $-304
Rent	-10% $-300	-5% $-208	+0% $-115	+5% $-23	+10% $69
Rate	-1.0pp $53	-0.5pp $-30	base $-115	+0.5pp $-202	+1.0pp $-290

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: $83,498
• Closing costs: $10,020
• Reserves months: —
• Total cash needed: —

Rent comps 11 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	0.32mi
6906 Ocala Ave Fort Pierce, FL	3.0	2.0	1175	$1,955	$1.66	15d	1	0.34mi
7503 Paso Robles Blvd Fort Pierce, FL	3.0	2.0	1260	$2,000	$1.59	24d	1	0.38mi
7403 Winter Garden Pkwy Fort Pierce, FL	3.0	2.0	1372	$2,200	$1.60	22d	1	0.63mi
2450 8th Ave SW Vero Beach, FL	3.0	2.0	1388	$2,100	$1.51	22d	1	0.70mi
985 23rd Pl SW Vero Beach, FL	3.0	2.0	1176	$2,200	$1.87	22d	1	0.72mi
7704 Pacific Ave Fort Pierce, FL	3.0	2.0	1719	$2,500	$1.45	15d	1	0.87mi
5642 Sunberry Cir Fort Pierce, FL	3.0	2.0	1377	$1,950	$1.42	24d	1	1.04mi
5510 Shannon Dr Fort Pierce, FL	3.0	2.0	1594	$2,350	$1.47	15d	1	1.06mi
2320 Water Oaks Ln Unit 111 Vero Beach, FL	3.0	2.0	1811	$3,500	$1.93	22d	1	1.21mi
5234 Oakland Lake Cir Fort Pierce, FL	3.0	2.0	1460	$2,300	$1.58	15d	1	1.47mi

Listing history 33 events

1. 2026-06-21
   days on market $333,990 Active 136 DOM
2. 2026-06-18
   days on market $333,990 Active 133 DOM
3. 2026-06-17
   days on market $333,990 Active 132 DOM
4. 2026-06-16
   days on market $333,990 Active 131 DOM
5. 2026-06-15
   days on market $333,990 Active 130 DOM
6. 2026-06-14
   days on market $333,990 Active 128 DOM
7. 2026-06-13
   pricedays on market $333,990 Active 127 DOM
8. 2026-06-10
   days on market $331,990 Active 125 DOM
9. 2026-06-09
   days on market $331,990 Active 124 DOM
10. 2026-06-08
    days on market $331,990 Active 123 DOM
11. 2026-06-07
    days on market $331,990 Active 122 DOM
12. 2026-06-05
    days on market $331,990 Active 119 DOM
13. 2026-06-03
    days on market $331,990 Active 118 DOM
14. 2026-06-02
    days on market $331,990 Active 117 DOM
15. 2026-06-01
    days on market $331,990 Active 116 DOM
16. 2026-05-31
    days on market $331,990 Active 115 DOM
17. 2026-05-30
    days on market $331,990 Active 114 DOM
18. 2026-05-15
    price $331,990 37-char remark

    Show marketing remark (37 chars)

    3 bed | 2 bath | 2-bay | 1263 sq. ft.

19. 2026-05-14
    price $331,990 531-char remark

    Show marketing remark (531 chars)

    The Alton Plan offers a contemporary living experience. The kitchen feature cabinetry, Quartz countertops, and stainless steel appliances, with smooth-top range, over-the-range microwave, and dishwasher. Opens seamlessly into a welcoming dining area and spacious living room, perfect for hosting gatherings or relaxation. All bedrooms and a sizable laundry room on the main floor. The owner’s suite has a private bath and a generous walk-in closet. The 2-car garage has ample storage and parking. Photos are virtually staged.

20. 2026-05-14
    price $331,990

    Show marketing remark (531 chars)

    The Alton Plan offers a contemporary living experience. The kitchen feature cabinetry, Quartz countertops, and stainless steel appliances, with smooth-top range, over-the-range microwave, and dishwasher. Opens seamlessly into a welcoming dining area and spacious living room, perfect for hosting gatherings or relaxation. All bedrooms and a sizable laundry room on the main floor. The owner’s suite has a private bath and a generous walk-in closet. The 2-car garage has ample storage and parking. Photos are virtually staged.

21. 2026-02-23
    price $327,990 37-char remark

    Show marketing remark (531 chars)

    The Alton Plan offers a contemporary living experience. The kitchen feature cabinetry, Quartz countertops, and stainless steel appliances, with smooth-top range, over-the-range microwave, and dishwasher. Opens seamlessly into a welcoming dining area and spacious living room, perfect for hosting gatherings or relaxation. All bedrooms and a sizable laundry room on the main floor. The owner’s suite has a private bath and a generous walk-in closet. The 2-car garage has ample storage and parking. Photos are virtually staged.

22. 2026-02-23
    price $327,990

    Show marketing remark (531 chars)

    The Alton Plan offers a contemporary living experience. The kitchen feature cabinetry, Quartz countertops, and stainless steel appliances, with smooth-top range, over-the-range microwave, and dishwasher. Opens seamlessly into a welcoming dining area and spacious living room, perfect for hosting gatherings or relaxation. All bedrooms and a sizable laundry room on the main floor. The owner’s suite has a private bath and a generous walk-in closet. The 2-car garage has ample storage and parking. Photos are virtually staged.

23. 2026-02-23
    price $327,990 531-char remark

    Show marketing remark (531 chars)

    The Alton Plan offers a contemporary living experience. The kitchen feature cabinetry, Quartz countertops, and stainless steel appliances, with smooth-top range, over-the-range microwave, and dishwasher. Opens seamlessly into a welcoming dining area and spacious living room, perfect for hosting gatherings or relaxation. All bedrooms and a sizable laundry room on the main floor. The owner’s suite has a private bath and a generous walk-in closet. The 2-car garage has ample storage and parking. Photos are virtually staged.

24. 2026-02-06
    listed $324,990 Active 37-char remark

    Show marketing remark (37 chars)

    3 bed | 2 bath | 2-bay | 1263 sq. ft.

25. 2026-02-05
    listed $324,990 Active 531-char remark

    Show marketing remark (531 chars)

    The Alton Plan offers a contemporary living experience. The kitchen feature cabinetry, Quartz countertops, and stainless steel appliances, with smooth-top range, over-the-range microwave, and dishwasher. Opens seamlessly into a welcoming dining area and spacious living room, perfect for hosting gatherings or relaxation. All bedrooms and a sizable laundry room on the main floor. The owner’s suite has a private bath and a generous walk-in closet. The 2-car garage has ample storage and parking. Photos are virtually staged.

26. 2026-02-05
    listed $324,990 Active

    Show marketing remark (531 chars)

    The Alton Plan offers a contemporary living experience. The kitchen feature cabinetry, Quartz countertops, and stainless steel appliances, with smooth-top range, over-the-range microwave, and dishwasher. Opens seamlessly into a welcoming dining area and spacious living room, perfect for hosting gatherings or relaxation. All bedrooms and a sizable laundry room on the main floor. The owner’s suite has a private bath and a generous walk-in closet. The 2-car garage has ample storage and parking. Photos are virtually staged.

27. 2022-02-07
    soldstatus $72,900
28. 2022-02-02
    soldstatus $35,000 Closed
29. 2021-12-30
    historical Active Under Contract
30. 2021-12-04
    status Active
31. 2021-10-29
    status Pending
32. 2021-10-26
    soldstatus $31,300
33. 2021-10-25
    listed $37,500 Active

ⓘ 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: $837 · $70/mo
• Projected year-2 tax: $2,772 · $231/mo
• Expected delta: +$1,935/yr (+$161/mo · 231.2%)

ⓘ 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 1/10 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: $28,025
• − Mortgage interest: −$18,709
• − Property taxes: −$837
• − Insurance: −$1,670
• − Repairs & maintenance: −$2,242
• − Management: −$2,242
• − Depreciation: −$9,716
• Taxable loss: −$7,391
• Est. tax savings @ 24.0%: +$1,774
• After-tax cash flow: $389/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

+785.3% since first listed

16 events — show timeline

• 2026-05-15 Price Changed $331,990 Zillow
• 2026-05-14 Price Changed $331,990 RAIRCMLS
• 2026-05-14 Price Changed $331,990 Stellar MLS as Distributed by MLS Grid
• 2026-02-23 Price Changed $327,990 Zillow
• 2026-02-23 Price Changed $327,990 Stellar MLS as Distributed by MLS Grid
• 2026-02-23 Price Changed $327,990 RAIRCMLS
• 2026-02-06 Listed $324,990 Zillow
• 2026-02-05 Listed $324,990 Stellar MLS as Distributed by MLS Grid
• 2026-02-05 Listed $324,990 RAIRCMLS
• 2022-02-07 Sold (Public Records) $72,900 Public Records
• 2022-02-02 Sold (MLS) $35,000 Beaches MLS
• 2021-12-30 Contingent — Beaches MLS
• 2021-12-04 Relisted — Beaches MLS
• 2021-10-29 Pending — Beaches MLS
• 2021-10-26 Sold (Public Records) $31,300 Public Records
• 2021-10-25 Listed $37,500 Beaches MLS

Property tax history

+22.7%/yr

Latest (2025): $837 · +12.6% YoY. Source: county tax records.