8 Novedades · Port St. Lucie, FL 34952

$55,000

2 bd · 2.0 ba · 1,240 sqft · Manufactured · 45 Days on market

Built 1981 Good condition $800/mo HOA · 40% of rent ↓ 24% since listing

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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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Condition / age +3.8/5.0
• Schools +3.7/10.0
• Rent growth +3.0/5.0
• Livability +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Discover comfort, style, and convenience in this manufactured home located in a quiet, desirable area of Port St. Lucie. This residence is perfect for both everyday living and entertaining. The spacious main living area features a seamless flow into the dining space and kitchen. The kitchen offers generous cabinetry, ample counter space, and a functional layout ideal for home chefs. The primary suite provides a peaceful retreat with a well appointed bathroom and excellent closet space. The property offers great curb appeal, a dedicated laundry area and lots of storage. A wonderful opportunity to own a charming, move in ready home in a sought after location.

Key facts

• Ample counter space
• Generous cabinetry
• Functional layout

Tags

• SPACIOUS MAIN LIVING AREA
• GENEROUS CABINETRY
• AMPLE COUNTER SPACE
• FUNCTIONAL LAYOUT
• WELL APPOINTED BATHROOM
• EXCELLENT CLOSET SPACE

Property features AI

Finance

• Other: Senior community; Pets allowed (with limits)
• Financial info: Association fee paid monthly
• HOA & community: Part of Pinelake Village association; Monthly association fee; Association amenities include clubhouse, fitness center, golf course, pool, spa/hot tub, sauna, tennis courts, shuffleboard, bocce ball, game room, library, management/manager on site, street lights; Association covers grounds maintenance, trash, common areas, common real estate tax, golf and recreation facility

Exterior

• Parking: 2 total parking spaces; Attached carport (1 covered/carport space) plus 1 open space
• Utilities: Public water; Public sewer; Three-phase electric; Underground utilities; Sewer available; Water available
• Home design: Manufactured home (double wide, modular); Single-story; Entry level living area; Faces northwest
• Construction: Vinyl siding; Shingle roof; Mobile home remains on site; Built as manufactured (double wide)
• Exterior features: Screened patio; Patio

Interior

• Kitchen: Dishwasher; Electric range; Refrigerator; Electric water heater
• Bedrooms: 2 bedrooms on the main level
• Flooring: Carpet; Laminate
• Bathrooms: 2 full bathrooms on the main level
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Split bedroom layout; Unfurnished
• Laundry & utility: Laundry inside

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $55k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $384 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $55k).
• Recommended offer: $53k (3.0% below list) — sets the bar for market timing.
• Cap rate 14.7% 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; 25 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 39% 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 $380 of loan paydown is wiped out by about $2k 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 $15k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 45 days — a 3% lower offer ($53k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 2y ago; this cycle's ask has dropped $10k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: HOA is 40% of rent.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $53,350 (3.0% below list)

Questions for the listing agent

1. It's been on market 45 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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.
5. 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.
6. 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: 3.60% ✓
• Cap rate: 14.67%
• Cash-on-cash: 29.91%
• DSCR: 2.33
• GRM: 2.3

CMA / ARV

• ARV (on-the-fly): $171,120
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7 Giralda	0.20mi	2/2.0	1,200 (-3%)	4mo	$21,000	$18	81
10 Padre	0.31mi	2/2.0	1,280 (+3%)	4mo	$38,000	$30	77
3033 Satinleaf Ln	0.41mi	2/2.0	1,248 (+1%)	4mo	$195,000	$156	77
2948 Fiddlewood Cir	0.40mi	2/2.0	1,280 (+3%)	1mo	$122,000	$95	75
8504 Gallberry Cir	0.44mi	2/2.0	1,264 (+2%)	4mo	$178,000	$141	73
3422 Feriwinkle Ct	0.42mi	2/2.0	1,184 (-4%)	4mo	$205,000	$173	70
110 W Caribbean	0.16mi	2/2.0	1,416 (+14%)	5mo	$77,500	$55	65
3788 Satinwood Ct	0.46mi	2/2.0	1,090 (-12%)	2mo	$150,000	$138	57
8394 Delphinium Ct	0.37mi	3/2.0 (+1)	1,392 (+12%)	4mo	$220,000	$158	54
3005 Approach Shot Way	0.72mi	2/2.0	1,333 (+8%)	3mo	$149,900	$112	52
192 W Caribbean	0.46mi	2/2.0	1,416 (+14%)	6mo	$49,000	$35	50
3817 Sleepy Hollow Ln	0.66mi	2/2.0	1,390 (+12%)	4mo	$260,000	$187	45

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: 22.5%
• Equity multiple: 1.90×
• Total profit: $13,927
• Equity at exit: $8,201

10-year hold

• IRR: 29.4%
• Equity multiple: 3.41×
• Total profit: $37,178
• Equity at exit: $4,755

Cash invested: $15,400 (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: 2.3×

Monthly cashflow live

• Estimated rent: $1,980 high
• Mortgage (P&I): −$288
• Tax est. 1.5%: −$69 /mo · $825/yr
• Insurance: −$23
• HOA: −$800
• Vacancy / Maint / Mgmt: −$416
• Net cashflow: $384

Break-even live

Break-even rent $1,494

Max offer price $55,000

Occupancy floor 76%

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: $13,750
• Closing costs: $1,650
• Reserves months: —
• Total cash needed: —

Rent comps 25 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
71 W Caribbean Port St. Lucie, FL	2.0	2.0	1417	$1,700	$1.20	23d	1	0.32mi
3784 Sapodilla Ct Port Saint Lucie, FL	2.0	2.0	1121	$2,300	$2.05	23d	1	0.46mi
1811 SE Walton Lakes Dr Port Saint Lucie, FL	2.0	1.0–2.0	1117	$1,926	$1.72	14d	6	0.57mi
1131 SE Parrish Ct Port Saint Lucie, FL	2.0	1.0	902	$2,000	$2.22	23d	1	0.60mi
2058 SE Wild Meadow Cir #101 Port St Lucie, FL	2.0	2.5	1425	$2,200	$1.54	14d	1	0.65mi
2130 SE Wild Meadow Cir Port Saint Lucie, FL	2.0	2.0	1440	$1,695	$1.18	14d	1	0.70mi
1810 SE Pinewood Trl Port Saint Lucie, FL	1.0–2.0	1.0–2.0	1013	$2,055	$2.03	14d	7	0.71mi
1900 Bella Vista Way Port Saint Lucie, FL	1.0–2.0	1.0–2.0	995	$1,764	$1.77	14d	15	0.74mi
2209 SE East Dunbrooke Cir Port Saint Lucie, FL	3.0	2.0	1212	$2,950	$2.43	14d	1	0.78mi
1503 SE Royal Green Cir Unit V104 Port St. Lucie, FL	2.0	2.0	865	$1,750	$2.02	23d	1	1.11mi
1500 SE Tiffany Club Pl Port Saint Lucie, FL	1.0–3.0	1.0–2.0	895	$1,922	$2.15	14d	7	1.12mi
1455 SE Colchester Cir Port Saint Lucie, FL	2.0	2.0	921	$1,795	$1.95	14d	1	1.13mi
1565 SE Royal Green Cir #108 Port St Lucie, FL	1.0	1.0	705	$1,595	$2.26	14d	1	1.15mi
1516 SE Royal Green Cir #202 Port St Lucie, FL	3.0	2.0	921	$2,100	$2.28	23d	1	1.15mi
1520 SE Royal Green Cir Unit K-203 Port St. Lucie, FL	2.0	2.0	886	$1,800	$2.03	23d	1	1.17mi
1550 SE Royal Green Cir Port St. Lucie, FL	2.0	2.0	782	$1,850	$2.37	14d	1	1.18mi
1524 SE Royal Green Cir Unit Q102 Port St. Lucie, FL	2.0	2.0	865	$1,800	$2.08	14d	1	1.18mi
1562 SE Royal Green Cir Unit T-204 Port St. Lucie, FL	2.0	2.0	782	$1,900	$2.43	23d	1	1.19mi
1566 SE Royal Green Cir #203 Port St Lucie, FL	2.0	2.0	782	$2,000	$2.56	14d	1	1.21mi
1537 SE Royal Green Cir Unit E204 Port St. Lucie, FL	2.0	2.0	886	$1,750	$1.98	14d	1	1.27mi
1550 SE Royal Green Cir Unit P-203 Port St. Lucie, FL	2.0	2.0	782	$1,750	$2.24	23d	1	1.30mi
1536 SE Royal Green Cir #101 Port St Lucie, FL	2.0	2.0	782	$1,750	$2.24	23d	1	1.32mi
1548 SE Royal Green Cir Unit M-103 Port St. Lucie, FL	2.0	2.0	886	$1,800	$2.03	23d	1	1.33mi
1548 SE Royal Green Cir #108 Port St Lucie, FL	1.0	1.0	705	$1,650	$2.34	14d	1	1.33mi
1618 SE Elkhart Ter Port Saint Lucie, FL	3.0	2.0	1176	$2,200	$1.87	23d	1	1.40mi

HOA detail

• Monthly dues: $800 · $9,600/yr

Listing history 39 events

1. 2026-06-18
   days on market $55,000 Active 45 DOM
2. 2026-06-17
   days on market $55,000 Active 44 DOM
3. 2026-06-16
   days on market $55,000 Active 43 DOM
4. 2026-06-15
   days on market $55,000 Active 42 DOM
5. 2026-06-14
   days on market $55,000 Active 40 DOM
6. 2026-06-13
   days on market $55,000 Active 39 DOM
7. 2026-06-10
   days on market $55,000 Active 37 DOM
8. 2026-06-09
   days on market $55,000 Active 36 DOM
9. 2026-06-08
   days on market $55,000 Active 35 DOM
10. 2026-06-07
    pricedays on market $55,000 Active 34 DOM
11. 2026-06-05
    days on market $65,000 Active 31 DOM
12. 2026-06-03
    days on market $65,000 Active 30 DOM
13. 2026-06-02
    days on market $65,000 Active 29 DOM
14. 2026-06-01
    days on market $65,000 Active 28 DOM
15. 2026-05-31
    days on market $65,000 Active 27 DOM
16. 2026-05-30
    days on market $65,000 Active 26 DOM
17. 2026-05-04
    listed $65,000 Active
18. 2026-04-13
    historical
19. 2026-03-14
    price $68,000
20. 2026-02-08
    price $75,000
21. 2026-01-21
    listed $80,000 Active
22. 2025-10-06
    historical
23. 2025-08-23
    listed $65,000 Active
24. 2025-08-05
    historical
25. 2025-07-21
    listed $72,000 Active
26. 2025-07-17
    historical
27. 2025-06-12
    price $64,000
28. 2025-06-03
    price $69,000
29. 2025-04-07
    price $69,900
30. 2025-04-07
    status Active
31. 2025-03-21
    historical
32. 2025-01-30
    listed $72,000 Active
33. 2025-01-25
    historical
34. 2025-01-25
    price $72,000
35. 2024-09-01
    status Active
36. 2024-08-26
    historical
37. 2024-05-02
    price $80,000
38. 2024-04-02
    price $82,000
39. 2024-02-25
    listed $85,000 Active

ⓘ 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 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥106°F today · 22 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: $23,756
• − Mortgage interest: −$3,081
• − Property taxes: −$825
• − Insurance: −$275
• − Repairs & maintenance: −$1,900
• − Management: −$1,900
• − HOA: −$9,600
• − Depreciation: −$1,600
• Taxable income: $4,574
• Est. tax owed @ 24.0%: −$1,098
• After-tax cash flow: $3,508/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.

Condition & rehab AI · 12 photos

Good 75/100 Cosmetic rehab

This move-in ready manufactured home in Port St. Lucie offers a good condition with minor repairs needed in the kitchen and bathroom. Painting and updating these areas would significantly enhance its resale value.

Repairs flagged

• Minor Kitchen cabinets — Worn appearance
• Minor Kitchen countertops — Need cleaning
• Minor Bathroom vanity — Needs fresh paint

Value-add opportunities

• Resale Paint kitchen cabinets — Fresh paint enhances curb appeal
• Resale Paint bathroom vanity — Fresh paint enhances curb appeal
• Resale Replace worn kitchen countertops — New countertops improve functionality and appearance
• Resale Replace worn kitchen cabinets — New cabinets improve functionality and appearance
• Resale Replace worn bathroom vanity — New vanity improves functionality and appearance

Renovation cost estimate screening

Repair item	Severity	Est. cost
Kitchen cabinets · Worn appearance	Minor	$500–3,000
Kitchen countertops · Need cleaning	Minor	$500–3,000
Bathroom vanity · Needs fresh paint	Minor	$500–3,000
Total estimated repair cost · 3 items		$1,500–9,000

Value-add ROI direction

• Resale Paint kitchen cabinets — Fresh paint enhances curb appeal ↑
• Resale Paint bathroom vanity — Fresh paint enhances curb appeal ↑
• Resale Replace worn kitchen countertops — New countertops improve functionality and appearance ↑
• Resale Replace worn kitchen cabinets — New cabinets improve functionality and appearance ↑
• Resale Replace worn bathroom vanity — New vanity improves functionality and appearance ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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

• Census place: Port St. Lucie, FL
• 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

-23.5% since first listed

23 events — show timeline

• 2026-05-04 Listed $65,000 Beaches MLS
• 2026-04-13 Listing Removed — Beaches MLS
• 2026-03-14 Price Changed $68,000 Beaches MLS
• 2026-02-08 Price Changed $75,000 Beaches MLS
• 2026-01-21 Listed $80,000 Beaches MLS
• 2025-10-06 Listing Removed — Beaches MLS
• 2025-08-23 Listed $65,000 Beaches MLS
• 2025-08-05 Listing Removed — Beaches MLS
• 2025-07-21 Listed $72,000 Beaches MLS
• 2025-07-17 Listing Removed — Beaches MLS
• 2025-06-12 Price Changed $64,000 Beaches MLS
• 2025-06-03 Price Changed $69,000 Beaches MLS
• 2025-04-07 Price Changed $69,900 Beaches MLS
• 2025-04-07 Relisted — Beaches MLS
• 2025-03-21 Listing Removed — Beaches MLS
• 2025-01-30 Listed $72,000 Beaches MLS
• 2025-01-25 Listing Removed — Beaches MLS
• 2025-01-25 Price Changed $72,000 Beaches MLS
• 2024-09-01 Relisted — Beaches MLS
• 2024-08-26 Listing Removed — Beaches MLS
• 2024-05-02 Price Changed $80,000 Beaches MLS
• 2024-04-02 Price Changed $82,000 Beaches MLS
• 2024-02-25 Listed $85,000 Beaches MLS