| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 64th | Good |
| Demographics | 61st | Good |
| Amenities | 85th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1125 SE Glenwood Dr, Stuart, FL, 34994, US |
| Region / Metro | Stuart |
| Year of Construction | 1990 |
| Units | 37 |
| Transaction Date | 1991-02-20 |
| Transaction Price | $4,380,000 |
| Buyer | PACIFIC STAR 5 INC |
| Seller | SELLER - SEE FILE FOR NAME |
1125 SE Glenwood Dr Stuart Multifamily Investment
Stuart’s inner-suburb location shows durable renter demand with a high neighborhood renter-occupied share and improving occupancy, according to WDSuite’s CRE market data. Neighborhood metrics reflect area trends, not the property’s own performance.
The property sits in an Inner Suburb setting within the Port St. Lucie metro that rates A+ and ranks 1 out of 104 neighborhoods, indicating strong overall neighborhood quality. Amenity access is a clear strength: restaurants and grocery options score in the mid‑90s national percentiles, with parks and pharmacies also well above national averages. This concentration of daily-needs retail and dining typically supports leasing velocity and retention for workforce and lifestyle renters.
Renter demand fundamentals are favorable. The neighborhood s share of renter-occupied housing units is 59.9% (3rd of 104; top quartile nationally), pointing to a deep tenant base and potential demand stability. Neighborhood occupancy is 89.3% and has trended upward in recent years; while its metro rank sits near the middle of local peers, this trajectory generally supports income consistency over a hold period.
Within a 3-mile radius, population and households have grown in recent years and are projected to expand further through 2028, indicating renter pool expansion and a larger base of prospective tenants. The average household size in the radius is edging down over time, which can translate into more households seeking smaller rental formats, supporting absorption.
Vintage is an important consideration. The neighborhood s average construction year is 1991; this asset was built in 1990, slightly older than nearby stock. For investors, that suggests planning for routine modernization and selective value-add to remain competitive against newer comparables, while leveraging the area s amenity access and renter concentration.
Home values in the neighborhood are moderate in the national context, which can create some competition from ownership. At the same time, a rent-to-income profile that shows some affordability pressure underscores the importance of lease management and renewal strategy to sustain pricing power without elevating turnover risk.
Neighborhood safety signals are mixed and should be viewed in context. The area s crime rank is 12 out of 104 neighborhoods in the Port St. Lucie metro, indicating higher crime relative to many local peers. However, on a national basis the neighborhood aligns around the middle-to-better range, with overall crime indicators positioned above the national median, according to WDSuite s CRE market data.
Trend-wise, estimated property offenses have declined year over year, while estimated violent-offense trends have recently moved higher. Investors should underwrite appropriate security, lighting, and operational practices, and compare recent incident trends with nearby submarkets to calibrate risk and potential mitigation costs.
Regional employers within commuting range help support renter demand and retention, particularly for households tied to energy, food distribution, financial services, and logistics noted below.
- NextEra Energy energy utility (24.0 miles) HQ
- Sysco Southeast Florida food distribution (29.23 miles)
- Siegel Financial Group Northwestern Mutual financial services (33.27 miles)
- CVS Distribution Center logistics & distribution (37.36 miles)
This 37-unit property was built in 1990, just slightly older than the neighborhood average, suggesting modest capital planning and targeted upgrades can capture value while competing effectively with nearby inventory. Strong neighborhood fundamentals including a high renter-occupied share and robust amenity access support demand depth and leasing stability. Within a 3-mile radius, population and household growth, along with a projected increase in renter households, point to ongoing tenant-base expansion that can support occupancy and renewal outcomes.
According to CRE market data from WDSuite, neighborhood occupancy has improved over time and area rents have risen from prior periods, reinforcing a constructive backdrop. Balanced against this are watch items: some affordability pressure for renters and mixed safety signals within the metro, both of which favor disciplined lease management, unit positioning, and prudent operating practices.
- Amenity-rich A+ neighborhood (1 of 104) that supports leasing velocity and retention.
- High neighborhood renter-occupied share indicates a deep tenant base and demand stability.
- 3-mile radius shows population and household growth, expanding the renter pool through 2028.
- 1990 vintage suggests manageable modernization and value-add potential relative to nearby stock.
- Risks: affordability pressure and mixed safety signals call for careful pricing, screening, and property operations.