2107 S 34th St · Fort Pierce South, FL 34947

$259,000

2 bd · 1.0 ba · 1,200 sqft · SingleFamily public records · 92 Days on market

Built 1953 0.33 ac lot Est $275k · 6% under

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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 +10.2/30.0
• ARV discount +10.1/15.0
• Schools +3.7/10.0
• Livability +3.7/5.0
• DSCR +2.9/10.0
• 1% rule +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

0$ - HOA. The house has finished its extended renovation: New kitchen. Brand new bathroom. Complete renovation of the old bathroom. New wood flooring. The whole house has been painted

Key facts

• New kitchen
• Brand new bathroom
• Complete renovation

Tags

• NEW KITCHEN
• BRAND NEW BATHROOM
• COMPLETE RENOVATION
• NEW WOOD FLOORING
• WHOLE HOUSE PAINTED

Property features AI

Finance

• Other: Pets allowed
• Financial info: Financial details not provided
• HOA & community: No association amenities; Senior community

Exterior

• Parking: Garage (1 covered space, 1 garage space)
• Security: No security features listed
• Utilities: Septic tank; Cable available
• Home design: Single-family residence; One story; Faces east; Resale property
• Construction: Mixed construction materials
• Exterior features: Not waterfront

Interior

• Kitchen: Gas range; Refrigerator
• Bedrooms: Three bedrooms on the main level
• Flooring: Wood flooring
• Bathrooms: Two full bathrooms on the main level
• Heating & cooling: Central heating; Central air; Ceiling fans
• Interior features: No notable interior features listed
• Laundry & utility: No laundry/utility details provided

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $259k.

Deal economics

• At list price, monthly cash flow is $-147 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $233k (10.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $197k (24.0% below list).
• Recommended offer: $197k (24.0% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 73/100 on livability (#322 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A-; Watch: employment D, amenities 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: Weatherbee Elementary School (math 32% / reading 32%, grade F, #1,797 of 2,144 statewide, top 86%, 672 students, 90% FRL); Dan Mccarty Middle School (math 23% / reading 23%, grade F, #542 of 571 statewide, top 95%, 747 students, 88% FRL); Fort Pierce Westwood Academy The W.E.S.T. Prep Magnet (math 16% / reading 36%, grade F, #494 of 667 statewide, top 75%, 2,010 students, 75% FRL) — zoned schools average 85% FRL vs 59% district-wide (26 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 27% at this address vs 44% district-wide (-17 pts) — the specific schools serving this property underperform the St. Lucie average; the district grade overstates school quality for this exact location.
• Market conditions: 151 active listings in the ZIP; 33 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).
• At $1,969/mo this rent would consume 46% of the median local household income ($52k/yr) (locally 625% 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 $8k 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 92 days — a 9% lower offer ($236k) is reasonable based on typical stale-listing flexibility.
• 12 sale attempts since 11y 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 $57k; list at $259k implies a 354% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1953 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $196,933 (24.0% 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 92 days. Have you received any prior offers? Is the seller open to a 24% concession, seller financing, or rate buy-down credit?
3. Built in 1953 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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?
7. 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?
8. 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.
9. 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.
10. 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: 5.61%
• Cash-on-cash: -2.43%
• DSCR: 0.89
• GRM: 11.0

CMA / ARV

• ARV (on-the-fly): $274,800
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2110 S 31st St	0.22mi	3/1.0 (+1)	1,176 (-2%)	12mo	$290,000	$247	72
2105 S 37th St	0.19mi	3/1.0 (+1)	1,040 (-13%)	19mo	$219,000	$211	48
2611 S 29th St	0.63mi	3/2.0 (+1)	1,372 (+14%)	3mo	$290,000	$211	35
3109 Kentucky Ave	0.71mi	3/3.0 (+1)	1,042 (-13%)	22mo	$239,000	$229	14

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -20.3%
• Equity multiple: 0.29×
• Total profit: $-51,328
• Equity at exit: $38,618

10-year hold

• IRR: -13.5%
• Equity multiple: 0.22×
• Total profit: $-56,812
• Equity at exit: $22,394

Cash invested: $72,520 (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 34947

• Home prices YoY: -8.6%
• Active inventory: 151
• Price-to-rent: 11.0×

Monthly cashflow live

• Estimated rent: $1,969 high
• Mortgage (P&I): −$1,358
• Tax from tax record: −$236 /mo · $2,834/yr
• Insurance: −$108
• HOA: −$0
• Vacancy / Maint / Mgmt: −$414
• Net cashflow: $-147

Break-even live

Break-even rent $2,155

Max offer price $233,110

Occupancy floor —

Sensitivity live

Price	-10% $0	-5% $-73	+0% $-147	+5% $-220	+10% $-293
Rent	-10% $-302	-5% $-224	+0% $-147	+5% $-69	+10% $9
Rate	-1.0pp $-16	-0.5pp $-81	base $-147	+0.5pp $-214	+1.0pp $-282

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: $64,750
• Closing costs: $7,770
• Reserves months: —
• Total cash needed: —

Rent comps 33 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2100 S 34th St Fort Pierce, FL	3.0	2.0	1262	$2,200	$1.74	25d	1	0.05mi
3005 Tennessee Ave Fort Pierce, FL	3.0	2.0	1222	$2,400	$1.96	25d	1	0.25mi
2403 S 25th St Fort Pierce, FL	2.0	1.0	576	$1,775	$3.08	25d	1	0.62mi
3208 Louisiana Ave Apt 3 Fort Pierce, FL	3.0	1.0	1050	$1,500	$1.43	25d	1	0.67mi
1215 Hartman Rd Unit 1215-09 Fort Pierce, FL	3.0	1.0	700	$1,800	$2.57	16d	1	0.68mi
100 Corner Dr Fort Pierce, FL	1.0–3.0	1.0–2.0	926	$1,079	$1.16	16d	32	0.92mi
2811 Stoneway Ln Unit 2811A Fort Pierce, FL	2.0	2.0	1274	$1,700	$1.33	16d	1	0.94mi
2820 Stoneway Ln Fort Pierce, FL	2.0	2.0	1005	$1,575	$1.57	25d	1	0.97mi
2101 Linda Sue Cir Fort Pierce, FL	2.0	1.5	1300	$1,750	$1.35	25d	1	1.02mi
2516 S 19th St #208 Fort Pierce, FL	2.0	2.0	1190	$1,700	$1.43	25d	1	1.09mi
1817 Party Pl Fort Pierce, FL	3.0	2.0	1389	$2,250	$1.62	25d	1	1.11mi
2513 S 17th St #207 Fort Pierce, FL	2.0	2.0	1190	$1,600	$1.34	25d	1	1.13mi
1820 Nebraska Ave Apt 201 Fort Pierce, FL	2.0	2.0	1035	$1,699	$1.64	25d	1	1.16mi
1820 Nebraska Ave Apt 203 Fort Pierce, FL	1.0	1.5	806	$1,599	$1.98	25d	1	1.16mi
1820 Nebraska Ave Apt 102 Fort Pierce, FL	2.0	2.0	997	$1,679	$1.68	25d	1	1.16mi
2517 S 17th St Fort Pierce, FL	1.0	1.0	1007	$1,795	$1.78	16d	1	1.16mi
1810 Nebraska Ave Unit 106 Fort Pierce, FL	2.0	2.0	1042	$1,699	$1.63	16d	1	1.18mi
1810 Nebraska Ave Apt 101 Fort Pierce, FL	2.0	2.0	1035	$1,699	$1.64	25d	1	1.18mi
1810 Nebraska Ave Apt 104 Fort Pierce, FL	1.0	1.5	806	$1,599	$1.98	25d	1	1.18mi
1830 Nebraska Ave Fort Pierce, FL	1.0–2.0	1.5–2.0	924	$1,799	$1.95	16d	5	1.19mi
1840 Nebraska Ave Apt 106 Fort Pierce, FL	2.0	2.0	997	$1,679	$1.68	16d	1	1.19mi
1840 Nebraska Ave Unit 104 Fort Pierce, FL	1.0	2.0	806	$1,599	$1.98	16d	1	1.19mi
1840 Nebraska Ave Apt 101 Fort Pierce, FL	2.0	2.0	1035	$1,699	$1.64	16d	1	1.19mi
1800 Nebraska Ave Unit 202 Fort Pierce, FL	2.0	2.0	1312	$1,749	$1.33	25d	1	1.21mi
1800 Nebraska Ave Unit 103 Fort Pierce, FL	1.0	1.5	1042	$1,799	$1.73	25d	1	1.21mi
1567 Pheasant Walk Unit B Fort Pierce, FL	2.0	2.0	1280	$1,900	$1.48	16d	1	1.22mi
1850 Nebraska Ave Unit 204 Fort Pierce, FL	1.0	1.5	806	$1,599	$1.98	25d	1	1.22mi
1717 Linwood Ave Fort Pierce, FL	2.0	1.0	712	$1,800	$2.53	25d	1	1.28mi
1200 Treasure Cay Dr Fort Pierce, FL	1.0–2.0	1.0–2.0	995	$1,619	$1.63	16d	10	1.30mi
1904 Havana Ave #16 Fort Pierce, FL	2.0	2.0	1196	$1,900	$1.59	16d	1	1.31mi
1439 Captains Walk Unit 20D Fort Pierce, FL	2.0	2.0	1280	$2,000	$1.56	23d	1	1.37mi
5335 Entertainment Way Fort Pierce, FL	3.0	2.0	1224	$2,500	$2.04	25d	1	1.38mi
3171 Morning Dew Ln Fort Pierce, FL	2.0	1.0	1000	$1,700	$1.70	25d	1	1.39mi

Listing history 5 events

1. 2026-06-03
   days on market $259,000 Active 92 DOM
2. 2026-06-02
   days on market $259,000 Active 91 DOM
3. 2026-06-01
   days on market $259,000 Active 90 DOM
4. 2026-05-31
   remarks 183-char remark
5. 2026-05-31
   listed $259,000 Active 89 DOM

ⓘ 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: $2,834 · $236/mo
• Projected year-2 tax: $2,834 · $236/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 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥106°F today · 23 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,632
• − Mortgage interest: −$14,508
• − Property taxes: −$2,834
• − Insurance: −$1,295
• − Repairs & maintenance: −$1,891
• − Management: −$1,891
• − Depreciation: −$7,535
• Taxable loss: −$6,321
• Est. tax savings @ 24.0%: +$1,517
• After-tax cash flow: $-242/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 South

• Score: 73/100
• State rank: #322
• US rank: #5656

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Fort Pierce South, FL
• County: Saint Lucie County · 337,150 people
• Metro: Port St. Lucie, FL
• Population (ZIP): 12,804
• Household income: $51,811
• Rent vs Own: 52.4% rent · 47.6% own
• Severe rent burden: 625.0

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 0.65)
• Race & ethnicity: Black 52% Hispanic / Latino 22% White 17% Two or more races 10% Asian 5% Native American 1%
• Hispanic origin (detail): Mexican 12% Puerto Rican 3% Cuban 1%
• Common ancestry: Hispanic 8% Italian 2% Romanian 1%
• Foreign-born: 16% · Canada
• Languages at home: 73% English-only · Spanish 17% French/Haitian/Cajun 7% Other Indo-European 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: ▼ -33.68%
• Current HPI: 356.2528
• 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

+204.7% since first listed

31 events — show timeline

• 2026-05-31 Relisted — Beaches MLS
• 2026-05-04 Listing Removed — Beaches MLS
• 2026-05-03 Relisted — Beaches MLS
• 2026-04-08 Listing Removed — Beaches MLS
• 2026-04-07 Relisted — Beaches MLS
• 2026-03-12 Listing Removed — Beaches MLS
• 2026-03-06 Relisted — Beaches MLS
• 2026-02-08 Listing Removed — Beaches MLS
• 2026-02-01 Relisted — Beaches MLS
• 2026-01-06 Listing Removed — Beaches MLS
• 2025-12-11 Price Changed $259,000 Beaches MLS
• 2025-12-10 Relisted — Beaches MLS
• 2025-11-14 Listing Removed — Beaches MLS
• 2025-09-30 Listed $267,000 Beaches MLS
• 2019-10-10 Listing Removed — MARMLS
• 2019-06-18 Listed $132,300 MARMLS
• 2019-06-04 Listing Removed — MARMLS
• 2019-03-19 Listed $132,300 MARMLS
• 2018-11-29 Listing Removed — Beaches MLS
• 2018-11-07 Listed $135,000 Beaches MLS
• 2015-10-28 Sold (Public Records) $57,000 Public Records
• 2015-10-23 Sold (MLS) $57,000 Beaches MLS
• 2015-09-30 Pending — Beaches MLS
• 2015-09-19 Price Changed $59,000 Beaches MLS
• 2015-09-16 Price Changed $63,000 Beaches MLS
• 2015-09-15 Relisted — Beaches MLS
• 2015-09-09 Listing Removed — Beaches MLS
• 2015-09-03 Price Changed $68,000 Beaches MLS
• 2015-08-28 Price Changed $72,000 Beaches MLS
• 2015-08-05 Price Changed $75,000 Beaches MLS
• 2015-07-24 Listed $85,000 Beaches MLS

Property tax history

+22.9%/yr

Latest (2025): $2,834 · +6.4% YoY. Source: county tax records.