674 SE Starfish Ave · Port St. Lucie, FL 34983

$290,000

3 bd · 2.0 ba · 2,253 sqft · SingleFamily public records · 27 Days on market

Built 1989 0.35 ac lot Est $460k · 37% under

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Why this score? — see what drove the C 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 +21.5/30.0
• ARV discount +15.0/15.0
• DSCR +6.9/10.0
• 1% rule +4.9/10.0
• Schools +3.7/10.0
• Rent growth +2.9/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

CASH ONLY OPPORTUNITY! Amazing chance to reimagine this sprawling ranch-style home on a beautiful treed corner lot in Port St. Lucie. Situated on approximately . 35 acres, this spacious home offers over 2,200 sq. ft. of living space, a pool, and endless potential for the right buyer. Property is distressed and in need of a complete remodel, making this ideal for investors, builders, or buyers looking for a major renovation project. Cash purchase only due to condition. Multiple offers expected — submit highest & best. Sold AS IS. * * * * * * * * * * * * * AGENTS READ ALL THE BROKER REMARKS * * * * * * * * * * * * *

Key facts

• Complete remodel
• Pool
• Endless potential

Tags

• CORNER LOT
• SPRAWLING RANCH STYLE
• POOL
• COMPLETE REMODEL
• ENDLESS POTENTIAL

Property features AI

Exterior

• Parking: 6 total parking spaces (4 open, 2 covered); Attached 2-car garage
• Utilities: Public water; Public sewer; No additional utilities listed
• Home design: Single family residence; One-story; North-facing; Resale property
• Construction: Stucco and other construction materials
• Exterior features: Corner lot; Private in-ground pool; Shingle roof; Slab foundation

Interior

• Bedrooms: 3 bedrooms on the main level
• Flooring: Carpet; Vinyl
• Bathrooms: 2 full bathrooms on the main level
• Heating & cooling: Electric heating; Electric cooling
• Interior features: Decorative fireplace; Carpet and vinyl flooring
• Laundry & utility: Laundry room (other features)

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $290k.

Deal economics

• At list price, monthly cash flow is $435 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $287k (1.2% below list).
• Recommended offer: $286k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.1% 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 C — 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 (+1.5%/yr); 358 active listings in the ZIP; 16 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 4,868 units permitted in St. Lucie County in 2024 (268 in 5+ unit buildings).
• At $2,867/mo this rent would consume 46% of the median local household income ($75k/yr) (locally 843% 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 $9k 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 27 days — a 2% lower offer ($286k) is reasonable based on typical stale-listing flexibility.

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 $285,650 (1.5% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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.
3. 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.
4. 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: 0.99% ✗
• Cap rate: 8.09%
• Cash-on-cash: 6.42%
• DSCR: 1.29
• GRM: 8.4

CMA / ARV

• ARV (on-the-fly): $459,612
• Comps found: 8

Show comp detail 8 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
751 SE Starflower Ave	0.23mi	3/2.0	2,080 (-8%)	2mo	$425,000	$204	75
742 SE Majestic Ter	0.13mi	4/2.0 (+1)	2,152 (-4%)	8mo	$435,000	$202	75
809 SE Lansdowne Ave	0.35mi	3/2.0	2,093 (-7%)	1mo	$420,000	$201	71
1443 SE Proctor Ln	0.65mi	4/2.0 (+1)	2,345 (+4%)	3mo	$470,000	$200	56
949 SE Caravan Ave	0.64mi	4/3.0 (+1)	2,427 (+8%)	3mo	$505,000	$208	46
1574 SE Clearbrook St	0.66mi	4/2.0 (+1)	1,967 (-13%)	6mo	$467,888	$238	38
925 SE Streamlet Ave	0.44mi	3/2.0	1,947 (-14%)	23mo	$420,000	$216	38
846 SE Starflower Ave	0.43mi	4/2.0 (+1)	1,982 (-12%)	23mo	$340,000	$172	36

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 · 1.53% rent growth · sell at horizon

5-year hold

• IRR: -8.0%
• Equity multiple: 0.71×
• Total profit: $-23,546
• Equity at exit: $43,240

10-year hold

• IRR: -0.3%
• Equity multiple: 0.98×
• Total profit: $-1,756
• Equity at exit: $25,074

Cash invested: $81,200 (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 34983

• Home prices YoY: -33.9%
• Rents YoY: 1.5%
• Active inventory: 358
• Price-to-rent: 8.4×

Monthly cashflow live

• Estimated rent: $2,867 high
• Mortgage (P&I): −$1,521
• Tax from tax record: −$188 /mo · $2,258/yr
• Insurance: −$121
• HOA: −$0
• Vacancy / Maint / Mgmt: −$602
• Net cashflow: $435

Break-even live

Break-even rent $2,316

Max offer price $290,000

Occupancy floor 80%

Sensitivity live

Price	-10% $599	-5% $517	+0% $435	+5% $353	+10% $271
Rent	-10% $208	-5% $322	+0% $435	+5% $548	+10% $661
Rate	-1.0pp $581	-0.5pp $509	base $435	+0.5pp $360	+1.0pp $283

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: $72,500
• Closing costs: $8,700
• Reserves months: —
• Total cash needed: —

Rent comps 16 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1925 SE Cheltenham St Port Saint Lucie, FL	3.0	2.0	1978	$3,250	$1.64	14d	1	0.36mi
562 SE Walters Ter Port Saint Lucie, FL	3.0	2.0	1833	$2,700	$1.47	14d	1	0.63mi
409 SE Voltair Ter Port Saint Lucie, FL	3.0	2.0	1960	$2,900	$1.48	24d	1	0.72mi
722 SE Thanksgiving Ave Port Saint Lucie, FL	4.0	2.0	1582	$3,150	$1.99	21d	1	0.88mi
617 SE Karrigan Ter Port Saint Lucie, FL	4.0	2.5	2852	$3,300	$1.16	14d	1	0.89mi
1425 SE Navajo Ln Port Saint Lucie, FL	3.0	2.0	2275	$2,600	$1.14	21d	1	0.95mi
161 SW Grimaldo Ter Port Saint Lucie, FL	3.0	2.0	1628	$2,300	$1.41	21d	1	1.23mi
787 SE Evergreen Ter Port Saint Lucie, FL	4.0	2.0	2008	$2,700	$1.34	24d	1	1.26mi
1521 SE Ladner St Port Saint Lucie, FL	4.0	2.0	1844	$1,400	$0.76	24d	1	1.27mi
1032 SE Floresta Dr Port Saint Lucie, FL	4.0	2.0	2462	$2,241	$0.91	21d	1	1.33mi
1672 SW Pleasant Ln Port Saint Lucie, FL	4.0	2.0	2672	$2,999	$1.12	24d	1	1.34mi
2161 SE Sunflower St Port Saint Lucie, FL	4.0	2.0	1625	$2,999	$1.85	24d	1	1.34mi
805 SE Cavern Ave Port Saint Lucie, FL	3.0	2.0	1732	$2,500	$1.44	24d	1	1.35mi
2472 SE Floresta Dr Port Saint Lucie, FL	4.0	2.0	1828	$2,456	$1.34	14d	1	1.38mi
221 SW Voltair Ter Port Saint Lucie, FL	4.0	2.5	2232	$3,000	$1.34	24d	1	1.44mi
762 SE River Ln Port Saint Lucie, FL	3.0	2.0	2032	$11,000	$5.41	24d	1	1.47mi

Listing history 17 events

1. 2026-06-18
   days on market $290,000 Active 27 DOM
2. 2026-06-17
   days on market $290,000 Active 26 DOM
3. 2026-06-16
   days on market $290,000 Active 25 DOM
4. 2026-06-15
   days on market $290,000 Active 24 DOM
5. 2026-06-14
   days on market $290,000 Active 22 DOM
6. 2026-06-13
   days on market $290,000 Active 21 DOM
7. 2026-06-10
   days on market $290,000 Active 19 DOM
8. 2026-06-09
   days on market $290,000 Active 18 DOM
9. 2026-06-08
   days on market $290,000 Active 17 DOM
10. 2026-06-07
    days on market $290,000 Active 16 DOM
11. 2026-06-05
    days on market $290,000 Active 13 DOM
12. 2026-06-03
    days on market $290,000 Active 12 DOM
13. 2026-06-02
    days on market $290,000 Active 11 DOM
14. 2026-06-01
    days on market $290,000 Active 10 DOM
15. 2026-05-31
    days on market $290,000 Active 9 DOM
16. 2026-05-30
    days on market $290,000 Active 8 DOM
17. 2026-05-22
    listed $290,000 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: $2,258 · $188/mo
• Projected year-2 tax: $2,407 · $201/mo
• Expected delta: +$149/yr (+$12/mo · 6.6%)

ⓘ 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 · 25 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: $34,398
• − Mortgage interest: −$16,245
• − Property taxes: −$2,258
• − Insurance: −$1,450
• − Repairs & maintenance: −$2,752
• − Management: −$2,752
• − Depreciation: −$8,436
• Taxable income: $506
• Est. tax owed @ 24.0%: −$121
• After-tax cash flow: $5,096/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 — 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): 49,001
• Household income: $75,489
• Rent vs Own: 15.2% rent · 84.8% own
• Severe rent burden: 843.0

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: White 51% Hispanic / Latino 23% Black 18% Two or more races 13% Asian 3%
• Hispanic origin (detail): Mexican 3% Puerto Rican 9% Cuban 3%
• Common ancestry: Hispanic 3% Romanian 2% Italian 1%
• Foreign-born: 19% · Canada, Guatemala, Jamaica
• Languages at home: 74% English-only · Spanish 15% French/Haitian/Cajun 4% 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: ▼ -209.28%
• Current HPI: 407.6341
• Rent YoY: ▲ 1.53%
• 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

1 event — show timeline

• 2026-05-22 Listed $290,000 Beaches MLS

Property tax history

+1.8%/yr

Latest (2025): $2,258 · +3.9% YoY. Source: county tax records.