OFF_MARKETRisky Deal8 days on market

2232 SW Nightingale Terrace

2232 SW Nightingale Terrace, Port St Lucie, FL 34953, Port Saint Lucie, FL 34953
$349,000
Zestimate®:$344,400

Listing Price

Property image 1
2232 SW Nightingale Terrace, Port St Lucie, FL 34953
Loc: Port Saint Lucie, FL
Days Listed
8
Tax Assessed
$245k
Zestimate®
$344k
Market Rate
Lot Size
10,454 sqft
Rent Estimate
$2,334/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Risky
Confidence Score: 5.2/10
Exercise caution due to potential market volatility.
Cap Rate
6.04%
Total ROI
19.8%
Cash Flow
$-9/mo
DSCR
0.99
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Data provided by Haven AI. Disclaimer

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Haven AI

This investment presents a marginal risk profile primarily due to its negative monthly cash flow of -$9.23. While a 6.04% gross rental yield is respectable for the Port Saint Lucie market, the total carrying costs—exacerbated by high Florida homeowner insurance and property taxes—entirely erode the operating income. The property’s footprint of 1,052 sqft for a 3-bedroom layout is notably tight, which may lead to higher tenant turnover or reduced rent premiums compared to more spacious 3/2 models. Although 4% annual appreciation offers long-term equity growth, the lack of a monthly cash buffer makes the asset vulnerable to unexpected capital expenditures, effectively requiring the investor to subsidize the property's operations.

Strengths
  • Located in a high-growth Florida submarket with strong population inflows
  • 3-bedroom, 2-bathroom configuration remains the most liquid rental asset class
  • Reasonable 6.04% gross rental yield provides a baseline for future rent increases
Considerations
  • Negative monthly cash flow creates an immediate liquidity drain on the investor
  • Cramped square footage (approx. 350 sqft per bedroom) limits family appeal and long-term retention
  • Extreme sensitivity to rising Florida property insurance premiums
  • Zero margin for error regarding vacancy or minor maintenance issues without going deeper into the red
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10-Year Price Projection

Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,052
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $349,000Rent Basis: Observed Comp Model ($2,334/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $175/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
4.89%

NOI: $17,064/yr

Cash-on-Cash Yield
-5.8%

On $80,270 invested

DSCR Ratio
0.79x

Negative debt coverage

5-Yr Leveraged ROI
+65.1%

Equity + cumulative cash

Financing Scenario Controls
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Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.98% of basis)-$200/mo
Homeowner / Hazard Insurance-$175/mo
Vacancy Reserve (5% of rent)-$117/mo
Repairs & Maintenance (10% of rent)-$233/mo
Property Management (8% of rent)-$187/mo
Total Pure Operating Expenses-$912/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,334/mo
Less: Operating Expenses-$912/mo
Net Operating Income (NOI)+$1,422/mo
Less: Debt Service (30yr @ 6.75%)-$1,811/mo
Net Cash Flow
$-389/mo
$-4,666/year
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2232 SW Nightingale Terrace | Port Saint Lucie, FL | Haven AI Analysis | Haven by ScoutHavens