Side-by-side comparison of Tampa, FL and Port St. Lucie, FL — cap rates, rent, prices, and investment metrics.
Cash flow: Tampa has the edge with an estimated cap rate of 3.75% compared to Port St. Lucie's 3.74%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $365,000 in Tampa vs $330,000 in Port St. Lucie, while rents come in at $1,720/mo and $1,580/mo respectively.
Growth & appreciation: Port St. Lucie is growing faster at 3.5% annually vs Tampa's 1.9%. Tampa leads on home value appreciation at 4.2% per year. Strong population growth typically translates to sustained rental demand and long-term price support.
Costs & risk: Property taxes are 0.83% in Tampa vs 0.91% in Port St. Lucie. Vacancy rates of 4.8% and 5.1% are both healthy, suggesting strong tenant demand in both markets.
Bottom line: Tampa edges out Port St. Lucie on most key metrics. While cap rates are moderate at 3.75%, Tampa's overall profile is stronger. Use our free calculators to model specific deals in Tampa or Port St. Lucie.