| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 55th | Fair |
| Demographics | 27th | Poor |
| Amenities | 65th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 907 S 27th St, Fort Pierce, FL, 34947, US |
| Region / Metro | Fort Pierce |
| Year of Construction | 2007 |
| Units | 80 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
907 S 27th St Fort Pierce Multifamily Investment
Neighborhood occupancy is holding near 91% with a renter-occupied share above 58%, indicating durable multifamily demand according to WDSuite’s CRE market data. Positioned in an inner-suburb location of the Port St. Lucie metro, the asset benefits from steady renter pools and ongoing household growth.
Located in Fort Pierce’s inner-suburban fabric of the Port St. Lucie metro, the neighborhood carries a B rating and ranks 44th among 104 metro neighborhoods, placing it above the metro median. Amenity access is a relative strength locally (ranked 11th of 104, top quartile), with restaurants and daily-needs options testing above national medians by density, while cafes are limited. Childcare access stands out as a competitive advantage for workforce households (ranked 1st of 104 and high nationally), supporting day-to-day livability for renters.
The property’s 2007 vintage is newer than the neighborhood’s average 1978 building stock. For investors, that generally implies stronger near-term competitiveness versus older comparables, while still planning for mid-life systems updates and targeted renovations to sustain positioning against newer deliveries.
Renter concentration is elevated, with an estimated 58.4% of housing units renter-occupied in the neighborhood (ranked 4th of 104, top quartile nationally). Combined with neighborhood occupancy around 91%, this indicates a deep tenant base that can support leasing stability. Within a 3-mile radius, demographics show moderate population growth over the last five years and an 8%+ increase in households, which expands the prospective renter pool and supports absorption.
Ownership costs in the area remain relatively accessible by national standards, yet home values have appreciated meaningfully over the past five years. This mix can sustain rental demand while requiring thoughtful pricing and lease management. Rent-to-income measures near 30% suggest some affordability pressure; operators should emphasize renewal strategies, unit mix optimization, and value delivery to maintain retention.
Schools in the area score below national norms on average, which may influence unit mix or tenant profiles, but proximity to parks, pharmacies, and daily needs helps balance overall livability. Forward-looking data within a 3-mile radius points to additional population and household growth alongside smaller household sizes, implying more renters entering the market and supporting occupancy stability over time, based on commercial real estate analysis from WDSuite.
Safety indicators are mixed. Compared with neighborhoods nationwide, both violent and property offense rates sit below the national safety median (around the lower quartiles for safety), signaling that crime levels are higher than many areas. Within the Port St. Lucie metro, this neighborhood ranks 33rd of 104, indicating it performs below the metro average on safety.
Trend direction is constructive: the estimated violent offense rate shows a significant year-over-year decline (top decile improvement nationally), which may support perception gains if the trend persists. Property offenses have been more variable recently. Investors should underwrite to current conditions while monitoring whether improvement in violent incidents continues.
Regional employment nodes within commuting range, including CVS and NextEra Energy, contribute to a diversified workforce draw that supports renter demand and lease retention.
- CVS Distribution Center — logistics/distribution (17.9 miles)
- NextEra Energy — utilities & energy (43.8 miles) — HQ
907 S 27th St is an 80-unit, 2007-vintage asset positioned in a renter-heavy inner-suburban neighborhood where occupancy trends near 91% and household counts are rising within a 3-mile radius. The vintage is newer than the area’s 1970s-era baseline, offering relative competitiveness versus older stock, with scope to plan mid-life capex and selective value-add to protect pricing power and renewals. According to CRE market data from WDSuite, neighborhood amenity access ranks in the top quartile locally, and childcare density is a standout, supporting workforce housing appeal.
Investor considerations include a high renter concentration that deepens the tenant base, home values that have risen meaningfully (reinforcing steady rental reliance), and a rent-to-income profile near 30% that warrants disciplined lease and renewal strategies. Safety metrics are below metro and national medians but show improving violent-offense trends; underwriting should reflect current conditions while tracking momentum.
- Newer 2007 vintage versus local 1970s stock supports competitive positioning with manageable mid-life capex planning.
- Renter-occupied share above 58% and occupancy near 91% indicate depth of tenant demand and leasing stability.
- 3-mile household growth and smaller projected household sizes expand the renter pool and support absorption.
- Amenity and childcare access rank competitively in the metro, bolstering workforce appeal and renewal prospects.
- Risks: below-median safety levels and rent-to-income near 30% require active lease management and prudent underwriting.