Performance Tracking & Intelligence
Six districts.
Four strategies.
One platform.
Martin County's six Community Redevelopment Areas are not interchangeable. They fall into four distinct types, each with its own redevelopment thesis and the metrics that prove it. This dashboard treats that distinction as the spine of the analysis, not a footnote.
Total taxable value
$2.85B+$190M YoY
YoY growth (FY24 to FY25)
+7.2%
FY27 CIP commitment
$15.4M
10-year CIP pipeline
$110M
FY25 permit activity
1,701$77.5M
01 · The framing
Four types of CRA, not one
01
Mature Residential
Preserve and enhance quality of life in a functioning neighborhood.
Indicators that matter
Residential value stability, infrastructure resilience, public realm investment.
Golden Gate
02
Compact Commercial Downtown
Protect the destination retail and hospitality core. Manage parking, walkability, flood resilience.
Indicators that matter
Foot traffic, retail occupancy, tourism indicators, flood preparedness.
Jensen Beach
03
Mixed-Use Corridor
Catalyze redevelopment along the named corridor to lift the CRA toward its own top-decile potential.
Indicators that matter
Corridor tax-per-acre, comparable parcel benchmarks, development pipeline.
Old Palm CityHobe Sound
04
Heterogeneous Infrastructure
Close century-old infrastructure gaps. Revitalize town centers while preserving working waterfront and historic character.
Indicators that matter
Infrastructure investment per parcel, septic-to-sewer counts, town center activity.
Port SalernoRio
02 · The portfolio
Parcel-level tax base density across all six districts
Each parcel is colored by its just value per acre, on equal-count quantile bins pooled across all six CRAs. The headline rate per district is Annual Report 10/31/25 taxable value divided by CRA polygon acres. Visual contrast within each CRA shows real intra-district variation; cross-CRA comparison shows where each district sits in the portfolio.
03 · The districts
Open any district for the full profile
Golden Gate
Mature Residential
Taxable value
$343M+19.8% YoY
JV per acre
$901K
FY27 CIP
$1.21M
FY25 permits
190
Hobe Sound
Mixed-Use Corridor
Taxable value
$740M+8.5% YoY
JV per acre
$712K
FY27 CIP
$1.99M
FY25 permits
332
Jensen Beach
Compact Commercial Downtown
Taxable value
$86M+8.0% YoY
JV per acre
$1247K
FY27 CIP
$1.96M
FY25 permits
329
Old Palm City
Mixed-Use Corridor
Taxable value
$498M+4.4% YoY
JV per acre
$812K
FY27 CIP
$1.34M
FY25 permits
50
Port Salerno
Heterogeneous Infrastructure
Taxable value
$599M+7.2% YoY
JV per acre
$695K
FY27 CIP
$6.72M
FY25 permits
637
Rio
Heterogeneous Infrastructure
Taxable value
$581M+1.4% YoY
JV per acre
$1066K
FY27 CIP
$2.21M
FY25 permits
163
04 · Data layers integrated
What the data now shows
Tax base growth
+$190M
Portfolio grew 7.2% in one tax year. Golden Gate leads at +19.8%; Rio trails at +1.4%, opening a question for peer review on whether Rio fits the Heterogeneous Infrastructure typology cleanly.
CIP commitment
$15.4M / $110M
FY27 tentative allocation across all six CRAs / 10-year pipeline (FY27 to FY36), built on the adopted FY25 and FY26 TIF capital allocations ($5.9M to $7.0M, +18.9%). Heterogeneous Infrastructure CRAs carry 58% of the FY27 footprint. The FY27 tentative figure is the working input; the County adopts FY27 in September.
FY25 permit activity
1,701 permits
$77.5M total valuation across 986 residential and 715 commercial permits. Port Salerno's $32.7M commercial valuation reflects New Monrovia and infrastructure project permits.
Employment within CRAs
6,372 jobs
Total employment inside the six CRA boundaries, enriched per boundary rather than by zip. Hobe Sound leads at 2,157; Rio is smallest at 375. Health Care, Retail, and Accommodation & Food lead the industry mix. Source: Esri Business Analyst, within-boundary.
03 · The ballot risk
HJR 1 homestead amendment exposure, ranked
The HJR 1 homestead amendment on the November 2026 ballot raises the non-school homestead exemption to $250,000 by 2028. Measured parcel-by-parcel from the 2025 roll, it erodes between 2.6% and 28.1% of each CRA's taxable base, a tenfold spread driven almost entirely by how much owner-occupied housing each district holds. Annual dollar effect at the county operating millage of 6.5614; actual capture depends on interlocal terms.
0%25%50%75%100% of taxable base
Old Palm City
28.1% · $84.6M
High
Port Salerno
22.8% · $81.9M
Elevated
Rio
20.7% · $77.0M
Elevated
Hobe Sound
16.6% · $74.8M
Moderate
Golden Gate
9.3% · $19.4M
Low
Jensen Beach
2.6% · $1.7M
Very low
Portfolio erosion at full phase-in
$339.4M
19.3% of the combined $1.76B taxable base, roughly $2.23M a year in foregone county levy across the six CRAs.
The driver
Homestead share
Exposure tracks owner-occupied housing. The residential-heavy CRAs (Old Palm City, Rio, Port Salerno) carry the most; Jensen Beach, a commercial downtown, is nearly untouched.
The strategic response
Grow non-homestead base
Commercial, multifamily rental, and mixed-use value the amendment cannot exempt. Jensen Beach is the exception: defend the employment base it already has.
04 · The external climate
Conditions beyond the CRA's control
The monitoring tier tracks the external forces that shape redevelopment outcomes regardless of CRA effort: the cost of capital, the insurance market, and the county's underlying growth. These are context for reading the performance and outcome tiers, not measures of CRA performance.
Cost of capital
4.50% / 3.75%
10-year Treasury at 4.50% (up from 4.36% a year ago); Fed funds upper bound at 3.75%, down from 5.25-5.50% at the 2024 peak. The Fed cutting is a favorable direction for redevelopment capital. Source: FRED, June 2026.
Insurance market
Stabilizing
Average Florida premium near $8,292/yr, but 2026 brought rate decreases: Citizens -8.7% statewide, 17 new insurers entering. Post-2022 legal reform is the driver. Insurance cost still shapes development feasibility. Source: FL OIR, Insurify 2026.
County context
166,272 · $96.8K
Martin County population 166,272 (up 2.3% over two years); median household income $96,829, about 25% above the Florida median. A high-income, slow-growth county, which is the backdrop for every CRA's tax base. Source: Census 2025-26.
Flood exposure varies sharply by district: Jensen Beach carries the highest share of its area in a FEMA special flood hazard zone (23.7%), Port Salerno the largest absolute footprint. Treasure Coast commercial absorption and a full development-pipeline scan are in progress.
Mature Residential
Golden Gate
Preserve and enhance quality of life in a functioning neighborhood.
Taxable value
$342.8M
10/31/25 reported
YoY growth
+19.8%
+$57M vs 10/31/24
Acres
379
Geometry · 379 reported
JV per acre
$901K
Parcel-derived
Growth from base
309%
Since 51M base
Validation
Match
-0.29% vs report
Use mix
Residential
81.8%
Industrial
7.4%
Commercial
7.3%
Institutional
1.7%
Government / Exempt
1.6%
Other / ROW / Water
0.2%
District facts
Established2002
Sunset2042
Parcels944
Buildings868
Residential units1,141
NAC chairJohn Gonzales
Key projects (FY25 completed and in progress)
01El Camino Trail multimodal corridor (under construction)
02Septic to Sewer 73% complete (564 of 775 properties)
03Multimodal Corridor / Drainage Resilience consultant retained
04Landscape Vision Plan implementation
05BUILD grant submitted for Multimodal Corridor
FY26 stated goals
01Continue residential rehabilitation grant program
02Advance El Camino trail multimodal connection
03Implement Multimodal Corridor Drainage Resilience improvements
04Execute Landscape Vision Plan elements
Data layers
The district by the numbers
Live
CIP commitment
FY27 allocation
$1.21M
10-year pipeline (FY27 to FY36)
$11.3M
$1.13M per year average
Primary projects
Pedestrian & Bike Trails, Property Acquisition, Multimodal Corridor & Drainage Resilience, Landscaping
SOURCE: FY27 tentative CIP (May 2026)
Live
FY25 permit activity
Residential permits
130 · $5.04M
FY25 Q1 through Q4
Commercial permits
60 · $0.42M
FY25 Q1 through Q4
FY25 total valuation
$5.46M
Performance tier indicator
SOURCE: Q1-Q4 FY25 quarterly reports
Live
Economic profile (within CRA boundary)
Employees
850
Jobs located inside the CRA boundary
Active businesses
106
Top sector: Retail Trade
SOURCE: Esri Business Analyst (Esri-Data Axle 2026), Business Summary on the CRA polygon
HJR 1 exposure: Low
HJR 1 homestead amendment
Taxable base eroded at full phase-in (2028)
9.3%
$19.4M of $209.9M base · $127K/yr in county levy
Homestead share of taxable base
10.8%
The owner-occupied share the amendment directly exempts
Read
Residential but lower-value; the exemption increase removes proportionally less.
SOURCE: 2025 assessment roll, parcel-by-parcel at $150k/$250k phase-in · Nov 2026 ballot
Live
Commercial real estate
Vacancy rate
12.5%
Was 10.0% a year ago · 84 properties
Asking rent / Sale price
$18.97/SF · $171/SF
Cap rate 8.15% · 12-mo sales $275K
Net absorption (12 mo)
-11,543 SF
Highest vacancy and cap rate in the portfolio; structural softness.
SOURCE: CoStar Suite analytics, polygon per CRA, 2026-06-25
Awaiting County input
Foot traffic & mobility
Methodology confirmed: destination-level geofencing within each CRA (5M sq ft polygon constraint precludes full-CRA tracking). Working session with Jordan and Dianne to identify destinations is pending.
SOURCE: Placer.ai · gates on destination selection meeting
Live
Residential market
Median sale price (2023-25 qualified)
$427K
Annual turnover 2.0% · 768 residential parcels
Just value per parcel
$364K
Homestead-exempt share 42.4% of residential just value
SOURCE: 2025 NAL tax roll, qualified arm's-length sales, 2026-06-27
Mixed-Use Corridor
Hobe Sound
Catalyze redevelopment along the named corridor to lift the CRA toward its own top-decile potential.
Taxable value
$740.2M
10/31/25 reported
YoY growth
+8.5%
+$58M vs 10/31/24
Acres
1023
Geometry · 1024 reported
JV per acre
$712K
Parcel-derived
Growth from base
392%
Since 93M base
Validation
Match
-1.55% vs report
Priority case study
Bridge Road: today's tax base vs. the district's own top-decile potential
Today
$640K/ac
Across 223 ac, 280 parcels
If at district median
+$45M
$0.84M/ac benchmark
If at district top-decile
+$579M
$3.24M/ac benchmark
Use mix
Residential
66.9%
Commercial
18.8%
Institutional
6.0%
Other / ROW / Water
3.7%
Industrial
3.0%
Government / Exempt
1.6%
District facts
Established2000
Sunset2040
Parcels1,842
Buildings1,671
Residential units1,469
NAC chairRobert Krebs
Key projects (FY25 completed and in progress)
01Bridge Road corridor improvements (in progress)
02Unpaved Roads: Elenor & Hammond complete, Sagave & Haslom in design
03Pettway Village 12 homes complete
04Dixie Stormwater contract in progress
05Banner Lake Lighting Celebration (Q1 FY26)
FY26 stated goals
01Advance Bridge Road streetscape and corridor improvements
02Continue Banner Lake area infrastructure investment
03Support creative placemaking initiatives
04Pursue land acquisitions for catalytic projects
Data layers
The district by the numbers
Live
CIP commitment
FY27 allocation
$1.99M
10-year pipeline (FY27 to FY36)
$29.8M
$2.98M per year average
Primary projects
Dixie Stormwater & Streetscape, Unpaved Roads ($7M carryover)
SOURCE: FY27 tentative CIP (May 2026)
Live
FY25 permit activity
Residential permits
238 · $13.12M
FY25 Q1 through Q4
Commercial permits
94 · $2.20M
FY25 Q1 through Q4
FY25 total valuation
$15.32M
Performance tier indicator
SOURCE: Q1-Q4 FY25 quarterly reports
Live
Economic profile (within CRA boundary)
Employees
2,157
Jobs located inside the CRA boundary
Active businesses
316
Top sector: Retail Trade
SOURCE: Esri Business Analyst (Esri-Data Axle 2026), Business Summary on the CRA polygon
HJR 1 exposure: Moderate
HJR 1 homestead amendment
Taxable base eroded at full phase-in (2028)
16.6%
$74.8M of $452.1M base · $491K/yr in county levy
Homestead share of taxable base
32.2%
The owner-occupied share the amendment directly exempts
Read
Largest base; leans on its active commercial market as a hedge.
SOURCE: 2025 assessment roll, parcel-by-parcel at $150k/$250k phase-in · Nov 2026 ballot
Live
Commercial real estate
Vacancy rate
6.2%
Was 3.9% a year ago · 198 properties
Asking rent / Sale price
$23.10/SF · $231/SF
Cap rate 7.06% · 12-mo sales $9.9M
Net absorption (12 mo)
-17,042 SF
Most liquid market: 9 sales and the only active construction (10K SF).
SOURCE: CoStar Suite analytics, polygon per CRA, 2026-06-25
Awaiting County input
Foot traffic & mobility
Methodology confirmed: destination-level geofencing within each CRA (5M sq ft polygon constraint precludes full-CRA tracking). Working session with Jordan and Dianne to identify destinations is pending.
SOURCE: Placer.ai · gates on destination selection meeting
Live
Residential market
Median sale price (2023-25 qualified)
$275K
Annual turnover 1.6% · 1,569 residential parcels
Just value per parcel
$311K
Homestead-exempt share 38.1% of residential just value
SOURCE: 2025 NAL tax roll, qualified arm's-length sales, 2026-06-27
Compact Commercial Downtown
Jensen Beach
Protect the destination retail and hospitality core. Manage parking, walkability, flood resilience.
Taxable value
$85.6M
10/31/25 reported
YoY growth
+8.0%
+$6M vs 10/31/24
Acres
58
Geometry · 67 reported
JV per acre
$1247K
Parcel-derived
Growth from base
689%
Since 9M base
Validation
Investigate
-16.19% vs report
Use mix
Commercial
65.4%
Residential
28.2%
Institutional
4.0%
Government / Exempt
2.4%
Other / ROW / Water
0.0%
District facts
Established2002
Sunset2042
Parcels112
Buildings130
Residential units101
NAC chairCindy Hall
Key projects (FY25 completed and in progress)
01Jensen Beach Blvd resurfacing (complete)
02West End Blvd drainage design options submitted
03Church Street ROW donation approved by BOCC
04Ricou Terrace light pole decorations installed
FY26 stated goals
01Continue Pineapple Passage activation
02Support flood resilience for waterfront commercial
03Pursue boundary clarification with County Surveyor
04Advance creative placemaking
Data layers
The district by the numbers
Live
CIP commitment
FY27 allocation
$1.96M
10-year pipeline (FY27 to FY36)
$6.1M
$0.61M per year average
Primary projects
Open Space Plan, Roadway & Parking Improvements ($1.5M carryover)
SOURCE: FY27 tentative CIP (May 2026)
Live
FY25 permit activity
Residential permits
186 · $3.72M
FY25 Q1 through Q4
Commercial permits
143 · $1.44M
FY25 Q1 through Q4
FY25 total valuation
$5.16M
Performance tier indicator
SOURCE: Q1-Q4 FY25 quarterly reports
Live
Economic profile (within CRA boundary)
Employees
522
Jobs located inside the CRA boundary
Active businesses
93
Top sector: Accommodation & Food Services
SOURCE: Esri Business Analyst (Esri-Data Axle 2026), Business Summary on the CRA polygon
HJR 1 exposure: Very low
HJR 1 homestead amendment
Taxable base eroded at full phase-in (2028)
2.6%
$1.7M of $63.1M base · $11K/yr in county levy
Homestead share of taxable base
3.3%
The owner-occupied share the amendment directly exempts
Read
Commercial downtown, almost no homestead base; amendment barely touches it.
SOURCE: 2025 assessment roll, parcel-by-parcel at $150k/$250k phase-in · Nov 2026 ballot
Live
Commercial real estate
Vacancy rate
15.4%
Was 0.5% a year ago · 34 properties
Asking rent / Sale price
$28.41/SF · $204/SF
Cap rate 7.30% · 12-mo sales $0
Net absorption (12 mo)
-16,746 SF
Vacancy spiked 0.5 to 15.4% in one year; highest rent, smallest inventory.
SOURCE: CoStar Suite analytics, polygon per CRA, 2026-06-25
Awaiting County input
Foot traffic & mobility
Methodology confirmed: destination-level geofencing within each CRA (5M sq ft polygon constraint precludes full-CRA tracking). Working session with Jordan and Dianne to identify destinations is pending.
SOURCE: Placer.ai · gates on destination selection meeting
Live
Residential market
Median sale price (2023-25 qualified)
$399K
Annual turnover 2.1% · 48 residential parcels
Just value per parcel
$422K
Homestead-exempt share 21.2% of residential just value
SOURCE: 2025 NAL tax roll, qualified arm's-length sales, 2026-06-27
Mixed-Use Corridor
Old Palm City
Catalyze redevelopment along the named corridor to lift the CRA toward its own top-decile potential.
Taxable value
$497.8M
10/31/25 reported
YoY growth
+4.4%
+$21M vs 10/31/24
Acres
610
Geometry · 609 reported
JV per acre
$812K
Parcel-derived
Growth from base
225%
Since 94M base
Validation
Match
-0.60% vs report
Priority case study
Mapp Road: today's tax base vs. the district's own top-decile potential
Today
$580K/ac
Across 307 ac, 439 parcels
If at district median
+$229M
$1.33M/ac benchmark
If at district top-decile
+$642M
$2.67M/ac benchmark
Use mix
Residential
76.9%
Commercial
12.6%
Industrial
6.4%
Government / Exempt
3.1%
Institutional
0.7%
Other / ROW / Water
0.3%
District facts
Established2003
Sunset2043
Parcels1,060
Buildings1,025
Residential units1,007
NAC chairRex Sentell
Key projects (FY25 completed and in progress)
01Palm City Property RFP: PROPERTY SOLD (Q2 FY26)
02Cornell Ave Streetscape: Captec 30% designs to NAC
03Multi-dept public meeting (sewer/paving/drainage)
04Ripple Eco-Art 2024 Honorary Special Recognition Award
FY26 stated goals
01Advance Mapp Road corridor planning and improvements
02Continue Patio at Palm City area enhancements
03Pursue sidewalks and pedestrian connectivity
04Support local business facade and signage program
Data layers
The district by the numbers
Live
CIP commitment
FY27 allocation
$1.34M
10-year pipeline (FY27 to FY36)
$12.5M
$1.25M per year average
Primary projects
Cornell Ave Streetscape, Neighborhood Enhancements, Investment Program, Open Space Plan ($598K carryover)
SOURCE: FY27 tentative CIP (May 2026)
Live
FY25 permit activity
Residential permits
2 · $0.02M
FY25 Q1 through Q4
Commercial permits
48 · $0.54M
FY25 Q1 through Q4
FY25 total valuation
$0.56M
Performance tier indicator
SOURCE: Q1-Q4 FY25 quarterly reports
Live
Economic profile (within CRA boundary)
Employees
1,311
Jobs located inside the CRA boundary
Active businesses
181
Top sector: Professional, Scientific & Technical Services
SOURCE: Esri Business Analyst (Esri-Data Axle 2026), Business Summary on the CRA polygon
HJR 1 exposure: High
HJR 1 homestead amendment
Taxable base eroded at full phase-in (2028)
28.1%
$84.6M of $301.7M base · $555K/yr in county levy
Homestead share of taxable base
40.9%
The owner-occupied share the amendment directly exempts
Read
Highest exposure of the six; heavily owner-occupied. Priority: grow non-homestead base.
SOURCE: 2025 assessment roll, parcel-by-parcel at $150k/$250k phase-in · Nov 2026 ballot
Live
Commercial real estate
Vacancy rate
0.6%
Was 10.2% a year ago · 116 properties
Asking rent / Sale price
$21.77/SF · $190/SF
Cap rate 7.70% · 12-mo sales $1.8M
Net absorption (12 mo)
+49,489 SF
Vacancy fell 10.2 to 0.6% (opposite of Rio's move; connection not yet established).
SOURCE: CoStar Suite analytics, polygon per CRA, 2026-06-25
Awaiting County input
Foot traffic & mobility
Methodology confirmed: destination-level geofencing within each CRA (5M sq ft polygon constraint precludes full-CRA tracking). Working session with Jordan and Dianne to identify destinations is pending.
SOURCE: Placer.ai · gates on destination selection meeting
Live
Residential market
Median sale price (2023-25 qualified)
$440K
Annual turnover 1.8% · 930 residential parcels
Just value per parcel
$409K
Homestead-exempt share 43.1% of residential just value
SOURCE: 2025 NAL tax roll, qualified arm's-length sales, 2026-06-27
Heterogeneous Infrastructure
Port Salerno
Close century-old infrastructure gaps. Revitalize town centers while preserving working waterfront and historic character.
Taxable value
$598.5M
10/31/25 reported
YoY growth
+7.2%
+$40M vs 10/31/24
Acres
860
Geometry · 869 reported
JV per acre
$695K
Parcel-derived
Growth from base
367%
Since 77M base
Validation
Match
-0.05% vs report
Use mix
Residential
79.6%
Commercial
9.4%
Government / Exempt
5.0%
Institutional
2.8%
Other
3.2%
District facts
Established2000
Sunset2040
Parcels2,019
Buildings1,778
Residential units1,709
NAC chairJaime Rolle Taylor
Key projects (FY25 completed and in progress)
01New Monrovia Park: Formax Construction / Stantec awarded
02Neighborhood Improvements 100% complete
03Unpaved Roads: Murray St/43rd Ave + Field St new roadway
04Mooring Facility Mosaic installed
05Cove Road Sidewalks complete
FY26 stated goals
01Advance Salerno Town Center / New Monrovia Park revitalization
02Continue septic-to-sewer conversions
03Support commercial fishing industry working waterfront
04Pursue historical Salerno Colored School preservation
Data layers
The district by the numbers
Live
CIP commitment
FY27 allocation
$6.72M
10-year pipeline (FY27 to FY36)
$24.7M
$2.47M per year average
Primary projects
Neighborhood Enhancements, Cove & Salerno Roads, New Monrovia, Dixie Park, Unpaved Roads, Salerno Creek Park ($5M carryover)
SOURCE: FY27 tentative CIP (May 2026)
Live
FY25 permit activity
Residential permits
309 · $7.51M
FY25 Q1 through Q4
Commercial permits
328 · $32.73M
FY25 Q1 through Q4
FY25 total valuation
$40.24M
Performance tier indicator
SOURCE: Q1-Q4 FY25 quarterly reports
Live
Economic profile (within CRA boundary)
Employees
1,157
Jobs located inside the CRA boundary
Active businesses
154
Top sector: Retail Trade
SOURCE: Esri Business Analyst (Esri-Data Axle 2026), Business Summary on the CRA polygon
HJR 1 exposure: Elevated
HJR 1 homestead amendment
Taxable base eroded at full phase-in (2028)
22.8%
$81.9M of $359.5M base · $537K/yr in county levy
Homestead share of taxable base
29.6%
The owner-occupied share the amendment directly exempts
Read
Large residential base; grow commercial and rental value to offset.
SOURCE: 2025 assessment roll, parcel-by-parcel at $150k/$250k phase-in · Nov 2026 ballot
Live
Commercial real estate
Vacancy rate
1.9%
Was 3.7% a year ago · 94 properties
Asking rent / Sale price
$22.90/SF · $241/SF
Cap rate 7.27% · 12-mo sales $0
Net absorption (12 mo)
+3,200 SF
Tightest market (1.9%) but illiquid: zero sales in 24 months.
SOURCE: CoStar Suite analytics, polygon per CRA, 2026-06-25
Awaiting County input
Foot traffic & mobility
Methodology confirmed: destination-level geofencing within each CRA (5M sq ft polygon constraint precludes full-CRA tracking). Working session with Jordan and Dianne to identify destinations is pending.
SOURCE: Placer.ai · gates on destination selection meeting
Live
Residential market
Median sale price (2023-25 qualified)
$350K
Annual turnover 2.0% · 1,817 residential parcels
Just value per parcel
$262K
Homestead-exempt share 40.2% of residential just value
SOURCE: 2025 NAL tax roll, qualified arm's-length sales, 2026-06-27
Heterogeneous Infrastructure
Rio
Close century-old infrastructure gaps. Revitalize town centers while preserving working waterfront and historic character.
Taxable value
$580.9M
10/31/25 reported
YoY growth
+1.4%
+$8M vs 10/31/24
Acres
542
Geometry · 542 reported
JV per acre
$1066K
Parcel-derived
Growth from base
309%
Since 91M base
Validation
Match
-0.61% vs report
Use mix
Residential
70.0%
Commercial
15.0%
Government / Exempt
6.0%
Institutional
4.0%
Industrial
3.0%
Other / ROW / Water
2.0%
District facts
Established2001
Sunset2041
Parcels1,425
Buildings1,414
Residential units1,374
NAC chairAdam Guzi
Key projects (FY25 completed and in progress)
01Dixie Hwy Streetscape: 90% concept plans to NAC & CRA
02Town Center Civic Club 90% concept plans
03Infill Sewer complete (Banyan Tree & Ixora Dr)
04Crosswalks design + easement negotiation continuing
05New banner design approved (Q2 FY26)
FY26 stated goals
01Advance Rio Town Center planning
02Continue infrastructure improvements along SR 707
03Support Mrs. Peters Smokehouse and other anchor businesses
04Pursue Rio Marine Village predevelopment
Data layers
The district by the numbers
Live
CIP commitment
FY27 allocation
$2.21M
10-year pipeline (FY27 to FY36)
$25.6M
$2.56M per year average
Primary projects
Streetscape Improvements, TownCenter Redevelopment, Open Space Plan ($6M carryover)
SOURCE: FY27 tentative CIP (May 2026)
Live
FY25 permit activity
Residential permits
121 · $7.49M
FY25 Q1 through Q4
Commercial permits
42 · $3.23M
FY25 Q1 through Q4
FY25 total valuation
$10.72M
Performance tier indicator
SOURCE: Q1-Q4 FY25 quarterly reports
Live
Economic profile (within CRA boundary)
Employees
375
Jobs located inside the CRA boundary
Active businesses
93
Top sector: Other Services
SOURCE: Esri Business Analyst (Esri-Data Axle 2026), Business Summary on the CRA polygon
HJR 1 exposure: Elevated
HJR 1 homestead amendment
Taxable base eroded at full phase-in (2028)
20.7%
$77.0M of $371.9M base · $505K/yr in county levy
Homestead share of taxable base
43.3%
The owner-occupied share the amendment directly exempts
Read
Highest homestead share; grow non-homestead base to offset exposure.
SOURCE: 2025 assessment roll, parcel-by-parcel at $150k/$250k phase-in · Nov 2026 ballot
Live
Commercial real estate
Vacancy rate
9.2%
Was 1.9% a year ago · 79 properties
Asking rent / Sale price
$20.08/SF · $168/SF
Cap rate 6.86% · 12-mo sales $25.5M
Net absorption (12 mo)
-25,294 SF
Vacancy rose 1.9 to 9.2% (opposite of Old Palm City's move); $25.5M single-sale spike.
SOURCE: CoStar Suite analytics, polygon per CRA, 2026-06-25
Awaiting County input
Foot traffic & mobility
Methodology confirmed: destination-level geofencing within each CRA (5M sq ft polygon constraint precludes full-CRA tracking). Working session with Jordan and Dianne to identify destinations is pending.
SOURCE: Placer.ai · gates on destination selection meeting
Live
Residential market
Median sale price (2023-25 qualified)
$340K
Annual turnover 2.0% · 1,338 residential parcels
Just value per parcel
$376K
Homestead-exempt share 38.5% of residential just value
SOURCE: 2025 NAL tax roll, qualified arm's-length sales, 2026-06-27