St Lucie County, FL

Investing in Port Saint Lucie, FL 34987: what the numbers really say

We analyzed 22 single-family homes and other properties currently active in Port Saint Lucie, FL 34987 (St Lucie County) to answer the question every foreign investor asks first: what does this actually return, after the costs no one mentions upfront?

Properties in this zip currently show an average cap rate of 2.4% and a gross rental yield of 7.4%, with prices ranging from $368,900 to $999,999.

Cap RateImnoba estimate
2.4%

Annual net operating income over price. Excludes mortgage.

Gross YieldImnoba estimate
7.4%

Gross annual rent over price, before expenses.

GRMImnoba estimate
13.6

Price over gross annual rent — lower means the property "pays for itself" faster.

Hidden costs in this zone

Annual property tax

$5,583

Annual HOA

$4,381

Annual insurance

$8,929

Wind/flood exposure zone — real insurance can vary by year built and exact FEMA zone.

Estimates for informational purposes only. Not investment or financial advice.

Example properties in this zone

Real metrics, no gallery — full detail with photos and address is shared once you unlock the report.

Detail available after unlocking

$695,000

Single Family · 2358 sqft

Cap rate3.5%
Detail available after unlocking

$645,000

Single Family · 2487 sqft

Cap rate3.2%
Detail available after unlocking

$442,727

Single Family · 1942 sqft

Cap rate3.2%

Frequently asked questions

What is the average cap rate in Port Saint Lucie, FL 34987?

Based on 22 properties analyzed by Imnoba, the average cap rate in Port Saint Lucie, FL 34987 is 2.4%, with a gross rental yield of 7.4% and a GRM of 13.6. This is an Imnoba estimate based on typical market rent for the area, not a guaranteed return.

Is short-term rental (Airbnb) legal in Port Saint Lucie?

We haven't verified the specific short-term rental ordinance for Port Saint Lucie yet — always confirm with the city and the HOA/condo documents before counting on this income.

How much is property tax in St Lucie County?

Properties analyzed in this zip show an average annual property tax of $5,583. This figure combines real tax data from listings where available and an Imnoba estimate (typical effective rate for St Lucie County) where it isn't — always confirmed as reliable but not guaranteed.

How expensive is insurance in Port Saint Lucie, FL 34987?

Imnoba estimates an average annual insurance cost of $8,929 for properties in this zone — this area has wind/flood exposure, so real premiums can vary significantly by year built and exact FEMA zone. This is an estimate; always get a real quote from a Florida-licensed insurance agent before closing.

What type of property is most common in Port Saint Lucie, FL 34987?

Of the 22 properties Imnoba analyzed in this zip, single-family homes are the most common property type.

Other zones we've analyzed