| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 72nd | Best |
| Demographics | 34th | Poor |
| Amenities | 78th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3300 SW Chartwell St, Port Saint Lucie, FL, 34953, US |
| Region / Metro | Port Saint Lucie |
| Year of Construction | 2005 |
| Units | 50 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3300 SW Chartwell St Port St. Lucie Multifamily Investment
Neighborhood occupancy around 95% indicates leasing stability in this suburban pocket, based on CRE market data from WDSuite. Positioning benefits from steady renter demand while remaining sensitive to rent-to-income dynamics in Port St. Lucie.
Located in a suburban neighborhood that ranks 13 out of 104 metro neighborhoods, the area reads as above metro median and competitive within Port St. Lucie. Pharmacy and childcare access are standouts (both among the stronger ranks locally) and overall amenities trend in the upper half nationally, supporting day-to-day convenience that helps with resident retention and leasing.
Neighborhood occupancy is 95.3% (neighborhood metric, not the property), according to WDSuite s CRE market data, which supports expectations for stable tenancy. Median asking rents are in the upper half nationally, suggesting pricing power is feasible but should be balanced against a rent-to-income ratio near 0.29 that calls for attentive lease management and renewal strategies.
The renter-occupied share within the neighborhood is relatively modest, indicating a larger owner-occupied base. For multifamily, that typically means a thinner but durable renter pool; investors should prioritize product differentiation and management execution to capture demand. Within a 3-mile radius, population and households have expanded meaningfully over the last five years, with further growth projected, pointing to a larger tenant base over time and supporting occupancy resilience.
The property s 2005 vintage is older than the neighborhood s average construction year (2013). That age gap often translates to targeted capital planning needs and creates value-add opportunity via interior refreshes and system upgrades to compete well against newer stock, while leveraging the area s amenity access and commuting profile.
Safety signals are mixed and should be contextualized. The neighborhood s crime rank is 18 out of 104 metro neighborhoods, indicating it trends above the metro median for reported incidents. At the same time, national comparisons are more favorable: overall crime measures land modestly above the national midpoint, and violent offense rates benchmark in the stronger quartile nationwide, according to WDSuite s CRE market data.
Recent trends diverge by category. Violent offenses show a year-over-year improvement, while property offenses have seen a notable uptick. Investors should incorporate routine security and lighting reviews, and monitor local reporting over time, rather than relying on a single-year snapshot.
The employment base within commuting range blends logistics, energy, and foodservice distribution, which can support workforce renter demand and retention. Notable nearby employers include CVS a0Distribution Center, NextEra Energy, Sysco Southeast Florida, and Siegel Financial Group Northwestern Mutual.
- CVS Distribution Center logistics/distribution (29.2 miles)
- NextEra Energy energy & corporate services (32.8 miles) HQ
- Sysco Southeast Florida foodservice distribution (37.3 miles)
- Siegel Financial Group Northwestern Mutual financial services (41.3 miles)
This 50-unit, 2005-vintage property sits in a suburban neighborhood that is competitive within the Port St. Lucie metro and benefits from 95.3% neighborhood occupancy (neighborhood metric, not the property), according to CRE market data from WDSuite. Amenity access and a growing 3-mile population and household base point to a steadily expanding tenant pool, while a relatively owner-heavy tenure mix suggests product quality and management execution will be key to capture demand.
With neighborhood rents in the upper half nationally and a rent-to-income ratio near 0.29, the asset should balance pricing power with retention-focused operations. The 2005 vintage is older than nearby stock on average, creating a clear path for targeted value-add and capital planning to improve competitive positioning versus newer deliveries.
- Competitive suburban location with strong neighborhood occupancy supporting leasing stability
- Expanding 3-mile renter pool driven by population and household growth
- Value-add upside from 2005 vintage relative to newer local stock
- Amenity access (pharmacy, childcare, everyday retail) supports retention and daily convenience
- Risks: owner-heavy tenure and affordability pressure require disciplined rent setting and renewal strategies