| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 57th | Fair |
| Demographics | 17th | Poor |
| Amenities | 16th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 17486 SW Lincoln St, Indiantown, FL, 34956, US |
| Region / Metro | Indiantown |
| Year of Construction | 1997 |
| Units | 20 |
| Transaction Date | --- |
| Transaction Price | $142,800 |
| Buyer | INDIANTOWN NONPROFTI HOUSING INCORP |
| Seller | PAUL E SIEFKER TR |
17486 SW Lincoln St, Indiantown FL Multifamily Investment
Neighborhood occupancy runs exceptionally tight at the area level, supporting leasing stability for small multifamily assets, according to WDSuite’s CRE market data. Focus is on steady renter demand rather than rapid rent growth in this Inner Suburb setting.
The property sits in an Inner Suburb of the Port St. Lucie, FL metro with a D neighborhood rating (ranked 98 out of 104 metro neighborhoods), signaling a location that competes more on essential housing needs than on premium amenities. At the neighborhood level, occupancy is measured at 100.0% (ranked 1 of 104), indicating an extremely tight housing market; this is a neighborhood metric, not a property claim, but it supports expectations for consistent tenant demand and lower downtime between turns based on CRE market data from WDSuite.
Renter-occupied housing represents a meaningful share of local units (45.9%; high nationally at the 85th percentile), pointing to a sizable tenant base for multifamily operators. Median rent levels in the immediate area remain comparatively low versus many U.S. neighborhoods, which can help support retention and manageable lease-up when paired with prudent revenue management. In the 3-mile radius, households have grown in recent years alongside a larger population, expanding the potential renter pool and supporting occupancy stability.
Livability factors are mixed. Grocery access is around the metro midpoint (grocery density rank 51 of 104, above the metro median), but other amenities such as parks, pharmacies, cafés, and childcare are limited locally (amenities in low national percentiles). Average school ratings in the neighborhood test below metro medians (1.0/5; lower national percentile), which may modestly influence family-driven leasing decisions. These dynamics suggest positioning geared toward workforce housing rather than premium family-oriented demand drivers.
Vintage context matters: the area’s average construction year is 1975 (rank 99 of 104), while this asset was built in 1997. Being newer than the neighborhood norm can improve competitive positioning versus older stock; investors should still plan for system updates and modernization typical of late-1990s construction. Home values in the neighborhood sit near national midpoints, implying ownership costs that do not fully undercut rental options; this typically sustains a stable renter base and supports lease retention.
Neighborhood-level crime data for this area is not available in WDSuite at this time, so we cannot benchmark safety against the Port St. Lucie metro or national percentiles. Investors should rely on multiple diligence inputs (public sources, local management feedback, and onsite observations) to assess safety trends and their implications for leasing and retention.
Regional employment anchors within commuting distance help support workforce housing demand, with proximity to energy, food distribution, financial services, and logistics operations that can aid leasing stability for value-focused units.
- NextEra Energy — utilities & energy (29.2 miles) — HQ
- Sysco Southeast Florida — food distribution (30.9 miles)
- Siegel Financial Group - Northwestern Mutual — financial services (34.3 miles)
- CVS Distribution Center — logistics & distribution (42.4 miles)
This 1997-vintage, small-scale multifamily asset benefits from extremely tight neighborhood occupancy, a meaningful share of renter-occupied housing, and steady household growth within a 3-mile radius—factors that collectively point to stable demand and manageable turnover risk. The asset’s vintage is newer than the local average, offering an advantage versus older competing stock while leaving room for targeted modernization to elevate competitiveness and reduce near- to medium-term capex surprises. According to CRE market data from WDSuite, neighborhood-level occupancy indications are strong, and area rent levels skew toward workforce housing, supporting retention with disciplined pricing.
Counterbalancing factors include limited nearby amenities and below-median school performance at the neighborhood level, which can temper family-driven demand and necessitate careful tenant targeting. Regional employers are reachable but not immediate, so marketing should emphasize value and housing stability for renters with broader commuting patterns.
- Tight neighborhood occupancy supports leasing stability and reduces downtime risk.
- 1997 construction is newer than local norms, with room for value-add modernization.
- Renter concentration and 3-mile household growth point to a durable tenant base.
- Workforce-oriented rent levels can aid retention and support measured pricing power.
- Risks: limited amenities and lower school ratings; commuting employers are not adjacent.