Real Estate Investing in Fort Pierce, Florida (34946)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 34946 (Fort Pierce, FL)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 21.0% of homes vacant — above national norms.
- Lower household income: $37,511 median — tenant affordability is tighter.
What’s happening in Fort Pierce, FL (34946)?
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Market Analysis: 34946 Fort Pierce
ZIP 34946 in Fort Pierce, FL carries a resilient set of headwinds. Home values near $249K and rents of $1,800/mo sit inside a market where underwriting has to be tight.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 34946 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
ZIP 34946's metrics run below Saint Lucie County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The 34946 ZIP's population of 6,588 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reflects the need for careful underwriting.
New investors are better served looking at Fort Pierce's stable or hybrid ZIPs before stepping into 34946. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Fort Pierce:
Property Strategy for 34946
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $190,084 | $1,470 | 5.6% | +8.6% | $95,042 |
| 3BR | $245,734 | $2,040 | 6.0% | +9.7% | $81,911 |
| 4BR | $283,754 | $2,220 | 5.6% | +10.3% | $70,938 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 34946 Compare?
| Metric | 34946 | Fort Pierce | Port St. Lucie, FL | Florida |
|---|---|---|---|---|
| Home Value | $249,197 | $308,526 | N/A | $374,697 |
| 5-Year CAGR | 7.2% | 5.4% | N/A | 7.4% |
| Avg Rent | $1,800 | $1,930 | N/A | - |
| Cap Rate | 5.6% | 5.1% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 34946 (Fort Pierce, FL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $249,197 |
| Monthly Rent | $1,800 |
| Price-to-Rent | 11.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.7% |
| Cap Rate | 5.6% |
| 5-Year IRR | 12.9% |
📈 Home Appreciation
| 1-Year | +7.9% ▲ |
| 3-Year CAGR | +2.3% ▲ |
| 5-Year CAGR | +7.2% ▲ |
| 10-Year CAGR | +12.2% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 34946
Population: 6,588
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Nearby Colleges & Universities
Investor Insight: With 3,874 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Fort Pierce, FL better for rentals, flips, or BRRRR?
The best-fit strategy in Fort Pierce, FL is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
What do landlords charge for rent in Fort Pierce, FL?
Investors in Fort Pierce, FL typically see rents near $1,800/mo per month against $249K home values - a solid setup for rental cash flow.
Is it easy to find good tenants in Fort Pierce, FL?
Tenant quality in Fort Pierce, FL ranks as solid. Landlords generally report measured occupancy at market rents of $1,800/mo.
Is Fort Pierce, FL a good place for real estate investing?
With a 3.0/5 investability score, Fort Pierce, FL ranks as a solid market for rental property investors. Median prices of $249K and rents of $1,800/mo drive the underlying numbers.
Are homes affordable in Fort Pierce, FL?
Typical homes in Fort Pierce, FL go for around $249K. The 5-year CAGR of 0.0% consistent price movement.
You know 34946 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 34946 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 34946 ranks in Port St. Lucie, FL
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