115 Maple Ave · Fort Pierce, FL 34982

$249,900

3 bd · 1.0 ba · 1,008 sqft · SingleFamily public records · 24 Days on market

Built 1959 7,149 sqft lot Est $256k · at est.

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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 +8.6/15.0
• Cash flow +7.7/30.0
• Rent growth +4.4/5.0
• Livability +3.8/5.0
• Schools +3.7/10.0
• 1% rule +2.6/10.0
• Condition / age +2.5/5.0
• DSCR +1.8/10.0
• Appreciation +0.0/10.0

Listing remarks

Welcome to this charming 4-bedroom, 2-bath home in the heart of Fort Pierce! Perfect as a starter home, this property offers a comfortable and functional layout with spacious living areas, a bright kitchen, and generously sized bedrooms. The split floor plan provides added privacy, while the large backyard offers plenty of room for entertaining, pets, or future outdoor additions. Conveniently located near schools, shopping, dining, and major highways, this home combines comfort, value, and accessibility. Whether you're a first-time homebuyer or looking to expand your investment portfolio, this is an opportunity you won't want to miss!

Key facts

• Bright kitchen
• Split floor plan
• Large backyard

Tags

• SPLIT FLOOR PLAN
• LARGE BACKYARD
• BRIGHT KITCHEN
• CONVENIENTLY LOCATED

Property features AI

Finance

• Other: Resale property

Exterior

• Parking: Driveway with 2 open parking spaces (total parking for 2)
• Utilities: Public water; Public sewer; Circuit breaker electric service; Cable connected; Water connected; Sewer connected
• Home design: Single-family residence; One level; Entry at level 1; Faces north
• Construction: Built with block, concrete, frame and concrete block with stucco; Shingle roof; One story
• Exterior features: Not waterfront

Interior

• Kitchen: Instant hot water; Electric range; Refrigerator
• Bedrooms: Four bedrooms on the main level
• Flooring: Tile flooring
• Bathrooms: Two full bathrooms (main level)
• Heating & cooling: Electric heating; Central air conditioning
• Interior features: No special interior features listed
• Laundry & utility: Washer hookup; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $250k.

Deal economics

• At list price, monthly cash flow is $-285 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $200k (20.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $190k (23.8% below list).
• Recommended offer: $190k (23.8% below list) — sets the bar for 1% rule.
• Cap rate 4.9% vs local median 3.5% in Fort Pierce — 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 76/100 on livability (#226 in FL, #3,360 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: crime D+, amenities F, employment 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.
• Zoned schools: Manatee Academy K-8 (math 53% / reading 51%, grade C-, #990 of 2,144 statewide, top 48%, 1,664 students, 65% FRL); Southern Oaks Middle School (math 39% / reading 43%, grade F, #353 of 571 statewide, top 63%, 894 students, 76% FRL); Fort Pierce Central High School (math 15% / reading 45%, grade F, #441 of 667 statewide, top 67%, 3,091 students, 62% FRL).
• Market conditions: Rents rising fast (+7.4%/yr); 336 active listings in the ZIP; 30 comparable units currently listed for rent nearby; rentals at typical pace (median 26d 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 42% of the median local income ($54k/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 $7k 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 24 days — a 2% lower offer ($246k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $120k; list at $250k implies a 108% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1959 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $190,450 (23.8% 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. Built in 1959 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 0.76% ✗
• Cap rate: 4.93%
• Cash-on-cash: -4.88%
• DSCR: 0.78
• GRM: 10.9

CMA / ARV

• ARV (on-the-fly): $256,032
• Comps found: 3

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
119 Indian Hills Dr	0.29mi	2/1.0 (-1)	992 (-2%)	4mo	$160,000	$161	76
209 Garden Ave	0.24mi	2/1.0 (-1)	984 (-2%)	16mo	$250,000	$254	66
509 Azalea Ave	0.43mi	2/1.0 (-1)	960 (-5%)	21mo	$247,000	$257	50

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 · 7.42% rent growth · sell at horizon

5-year hold

• IRR: -19.6%
• Equity multiple: 0.29×
• Total profit: $-49,720
• Equity at exit: $37,261

10-year hold

• IRR: -4.9%
• Equity multiple: 0.62×
• Total profit: $-26,604
• Equity at exit: $21,607

Cash invested: $69,972 (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 34982

• Home prices YoY: -33.4%
• Rents YoY: 7.4%
• Active inventory: 336
• Price-to-rent: 10.9×

Monthly cashflow live

• Estimated rent: $1,904 high
• Mortgage (P&I): −$1,311
• Tax from tax record: −$375 /mo · $4,497/yr
• Insurance: −$104
• HOA: −$0
• Vacancy / Maint / Mgmt: −$400
• Net cashflow: $-285

Break-even live

Break-even rent $2,265

Max offer price $199,590

Occupancy floor —

Sensitivity live

Price	-10% $-143	-5% $-214	+0% $-285	+5% $-356	+10% $-426
Rent	-10% $-435	-5% $-360	+0% $-285	+5% $-210	+10% $-134
Rate	-1.0pp $-159	-0.5pp $-221	base $-285	+0.5pp $-350	+1.0pp $-415

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: $62,475
• Closing costs: $7,497
• Reserves months: —
• Total cash needed: —

Rent comps 30 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
115 Maple Ave Fort Pierce, FL	3.0	1.0	1008	$1,999	$1.98	25d	1	0.02mi
2625 Heathcote Dr Unit 2631 Fort Pierce, FL	2.0	2.0	1000	$1,700	$1.70	16d	1	0.17mi
2625 Heathcote Dr Unit 2647 Fort Pierce, FL	2.0	2.0	1000	$1,700	$1.70	23d	1	0.17mi
2625 Heathcote Dr Unit 2623 Fort Pierce, FL	2.0	2.0	1000	$1,700	$1.70	25d	1	0.17mi
410 Palm Ave Apt B Fort Pierce, FL	2.0	1.0	800	$1,400	$1.75	16d	1	0.41mi
605 Ixoria Ave #15 Fort Pierce, FL	2.0	2.0	744	$1,500	$2.02	25d	1	0.53mi
605 Ixoria Ave Fort Pierce, FL	2.0	2.0	744	$1,450	$1.95	16d	2	0.54mi
2016 Golfview Ct Fort Pierce, FL	2.0	1.0	1055	$1,750	$1.66	25d	1	0.56mi
617 Ixoria Ave Unit 2A Fort Pierce, FL	2.0	2.5	764	$1,500	$1.96	25d	1	0.56mi
3030 S US Highway 1 Fort Pierce, FL	3.0	2.0	1184	$1,774	$1.50	16d	1	0.65mi
2050 Oleander Blvd Unit 703 Fort Pierce, FL	2.0	2.0	1014	$1,800	$1.78	25d	1	0.67mi
3200 S US Highway 1 Fort Pierce, FL	2.0–3.0	1.0–2.0	1144	$1,945	$1.70	16d	1	0.75mi
2050 Oleander Blvd Fort Pierce, FL	1.0–2.0	1.0–2.0	833	$2,350	$2.82	25d	4	0.76mi
2902 Oleander Blvd Fort Pierce, FL	3.0	2.0	1276	$2,700	$2.12	25d	1	0.76mi
2016 S 10th St Unit A Fort Pierce, FL	2.0	2.5	1120	$1,595	$1.42	25d	1	0.80mi
2302 Sunrise Blvd #201 Fort Pierce, FL	2.0	1.0	966	$1,500	$1.55	25d	1	0.81mi
1747 N Dovetail Dr Unit A Fort Pierce, FL	2.0	2.0	1286	$2,100	$1.63	25d	1	0.87mi
1772 N Dovetail Dr Unit C Fort Pierce, FL	2.0	2.0	1230	$2,100	$1.71	25d	1	0.88mi
1739 N Dovetail Dr Fort Pierce, FL	2.0	2.0	1230	$1,750	$1.42	25d	1	0.90mi
1804 Blue Heron Ln Unit C Fort Pierce, FL	2.0	2.0	1286	$1,900	$1.48	25d	1	0.91mi
1016 Chipola Rd Fort Pierce, FL	3.0	1.0	1100	$2,200	$2.00	25d	1	0.98mi
1829 Sandhill Crane Dr Unit B2 Fort Pierce, FL	2.0	2.0	1334	$2,000	$1.50	25d	1	1.05mi
800 Kanner Dr Unit B Fort Pierce, FL	2.0	1.0	900	$1,550	$1.72	16d	1	1.06mi
916 Savannas Point Dr Fort Pierce, FL	2.0	2.0	1120	$2,100	$1.88	16d	1	1.25mi
2513 S 17th St #207 Fort Pierce, FL	2.0	2.0	1190	$1,600	$1.34	25d	1	1.26mi
802 N Lake Dr Unit B Fort Pierce, FL	2.0	1.0	1000	$1,550	$1.55	25d	1	1.26mi
2516 S 19th St #208 Fort Pierce, FL	2.0	2.0	1190	$1,700	$1.43	25d	1	1.30mi
1717 Linwood Ave Fort Pierce, FL	2.0	1.0	712	$1,800	$2.53	25d	1	1.31mi
3300 S 7th St Unit B Fort Pierce, FL	2.0	1.0	800	$1,595	$1.99	25d	1	1.37mi
1439 Captains Walk Unit 20D Fort Pierce, FL	2.0	2.0	1280	$2,000	$1.56	23d	1	1.45mi

Listing history 22 events

1. 2026-06-21
   days on market $249,900 Active 24 DOM
2. 2026-06-18
   days on market $249,900 Active 21 DOM
3. 2026-06-17
   days on market $249,900 Active 20 DOM
4. 2026-06-16
   days on market $249,900 Active 19 DOM
5. 2026-06-15
   days on market $249,900 Active 18 DOM
6. 2026-06-14
   days on market $249,900 Active 16 DOM
7. 2026-06-13
   days on market $249,900 Active 15 DOM
8. 2026-06-10
   days on market $249,900 Active 13 DOM
9. 2026-06-09
   days on market $249,900 Active 12 DOM
10. 2026-06-08
    days on market $249,900 Active 11 DOM
11. 2026-06-07
    days on market $249,900 Active 10 DOM
12. 2026-06-05
    days on market $249,900 Active 7 DOM
13. 2026-06-03
    days on market $249,900 Active 6 DOM
14. 2026-06-02
    days on market $249,900 Active 5 DOM
15. 2026-06-01
    days on market $249,900 Active 4 DOM
16. 2026-05-31
    days on market $249,900 Active 3 DOM
17. 2026-05-30
    days on market $249,900 Active 2 DOM
18. 2026-05-28
    listed $249,900 Active
19. 2006-06-13
    soldstatus $120,000
20. 2006-04-18
    soldstatus $93,000
21. 1996-08-07
    soldstatus $49,900
22. 1983-02-01
    soldstatus $35,000

ⓘ 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: $4,497 · $375/mo
• Projected year-2 tax: $4,497 · $375/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 3/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥106°F today · 26 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: $22,854
• − Mortgage interest: −$13,998
• − Property taxes: −$4,497
• − Insurance: −$1,250
• − Repairs & maintenance: −$1,828
• − Management: −$1,828
• − Depreciation: −$7,270
• Taxable loss: −$7,817
• Est. tax savings @ 24.0%: +$1,876
• After-tax cash flow: $-1,541/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 — Fort Pierce

• Score: 76/100
• State rank: #226
• US rank: #3360

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Fort Pierce, FL
• County: Saint Lucie County · 337,150 people
• City population: 78,556
• Metro: Port St. Lucie, FL
• Population (ZIP): 31,143
• Household income: $54,082
• Rent vs Own: 27.5% rent · 72.5% own
• Severe rent burden: 1086.0

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: Majority White (62%)
• Race & ethnicity: White 62% Hispanic / Latino 22% Two or more races 12% Black 12%
• Hispanic origin (detail): Mexican 10% Puerto Rican 3% Cuban 3%
• Common ancestry: Italian 7% Hispanic 2% Lithuanian 1%
• Foreign-born: 12% · Canada
• Languages at home: 80% English-only · Spanish 16% French/Haitian/Cajun 3%

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: ▼ -199.47%
• Current HPI: 397.2649
• Rent YoY: ▲ 7.42%
• 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

+614.0% since first listed

5 events — show timeline

• 2026-05-28 Listed $249,900 Beaches MLS
• 2006-06-13 Sold (Public Records) $120,000 Public Records
• 2006-04-18 Sold (Public Records) $93,000 Public Records
• 1996-08-07 Sold (Public Records) $49,900 Public Records
• 1983-02-01 Sold (Public Records) $35,000 Public Records

Property tax history

+15.1%/yr

Latest (2025): $4,497 · +23.1% YoY. Source: county tax records.