1 / 301154 Bayshore Drive, Fort Pierce FL 34949
Fort Pierce, FL
List Price
$498,900
Type
Single Family
Bedrooms
2
Bathrooms
2
Price / SqFt
$492/sqft
Price reduction
4.1% below original list — was $520,000
Est. equity
-72%
Comp ARV
$363,000
Max offer
$176,020
From the listing
WOW! Check the new price for island property! Bring ALL OFFERS! Enjoy the beach and Island living in this sweet beach house! Freshly painted with polished original Terrazzo floors, the 2 bedrooms 2 baths create quaintness on Hutchinson Island.A spacious one car garage with full laundry area provides plenty of storage. Situated on a large lot gives you room to grow. Near the island grocery store, restaurants, beaches, boat ramps, parks and more. The quiet neighborhood is tucked away between Seaway and Binney Drives. Hurricane windows, front door, sliders and metal roof keep this house secure in a storm. Bring your ideas to make this your home and begin living island life at close! Partially fenced yard welcomes pets. Now is the time to make your dreams of beach living come true.
Property Information
- Square Feet
- 1,014
- Units
- 1
- Days on Market
- 582
- Status
- active
Location
- County
- St Lucie County
- Zip Code
- 34949
- Coordinates
- 27.4631, -80.3007
Represented by Academia
Academia Real Estate Corp can represent you on this property. Use the inquiry form to have a licensed broker reach out with full details and next steps.
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Why this deal
- 4.1% off original list price
- Value-add opportunity
- Represented end-to-end by Academia
- Active listing — move quickly
Deal Score
35/100
Thin
is scored →
~-72% estimated equity to comp-based ARV (full marks at 30%+). Estimate — verify comps + rehab.
4.1% off original list (full marks at 25%+).
582 days on market (full marks at 120+ — more time = more leverage).
Soft motivation language (value-add, motivated, tenant-occupied, cash-only).
A screen of the public MLS data we have — not an appraisal, valuation, or investment advice.
Deal scorecard
How four stakeholders read this deal
Risks
- Negative estimated equity — buying above estimated ARV, verify comps
- Flood zone AE — mandatory flood insurance required (NFIP or private); adds to carrying cost
- conventional financing unlikely; cash or hard-money only
What a super-investor sees
Investor
Investor equity estimate based on ARV from closed MLS comps minus list price and estima…
- Negative estimated equity — buying above estimated ARV, verify comps
What a bank sees
Lender / financing
Lender financeability estimate based on list price, ARV, and condition signals. Not a f…
- conventional financing unlikely; cash or hard-money only
- thin equity — lender-unfriendly LTV (≈ 137% of ARV)
What an insurer sees
Insurance / 4-point
insurability v1. Miami-Dade is entirely within the HVHZ (High-Velocity Hurricane Zone) …
- Flood zone AE — mandatory flood insurance required (NFIP or private); adds to carrying cost
What a GC / AHJ sees
Permits / condition
Permit data from county permit records; may lag; verify open permits with the AHJ. Limi…
4-point — last permit
- Roofnone
- Electricalnone
- Plumbingnone
- HVACnone
Estimates from public data — not an appraisal, insurance quote, or financing commitment. Insurability as of 2026-07-24. Verify with licensed professionals.
Deal calculator
Value-add deal calculator
1154 Bayshore Drive, Fort Pierce FL 34949, Fort Pierce, FL
Comp-based ARV — 4 closed comp(s), medium confidence.
Recommended max offer
$176,020
Room vs list (above list)
$322,880
Est. equity
-$262,380
-72% of ARV, at list
ROC at list
-42%
Est. all-in at list
$625,380
list + rehab + txn + carry
70% rule MAO
$181,600
Estimates only — not investment advice or an offer. ARV is drawn from recent closed comps; rehab from a rate-card range. Verify ARV, rehab, and all costs with a licensed professional before acting.
The comps behind the ARV
$363,000 after-repair value
4 recent closed sales nearby · medium confidence · range $300,000–$501,000
| Closed sale | Close $ | $/sqft | Date |
|---|---|---|---|
| 1120 Fernandina Street, Fort Pierce FL 34949 | $435,000 | $371 | 2026-02-13 |
| 1651 Seaway Drive, Fort Pierce FL 34949 | $425,000 | $494 | 2025-08-14 |
| 5367 Montego Circle, Hutchinson Island FL 34949renovated4.9 mi | $380,000 | $344 | 2026-05-27 |
| 5369 Compass Cove Place, Hutchinson Island FL 34949renovated4.9 mi | $254,000 | $296 | 2026-05-27 |
Comparable data, not an appraisal. ARV is the median closed $/sqft of these comps applied to this home's size. Verify condition, location, and adjustments independently.