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BusinessFlare®  ·  Martin County CRA Performance Tracking & Intelligence Platform
Phase 4/5 · Week 15 of 18 · v3
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 districts, compared

Six districts, side by side

Taxable value by district
2025 certified, $ millions
Golden Gate$343MHobe Sound$740MJensen Beach$86MOld Palm City$498MPort Salerno$598MRio$581M
Employment by district
Jobs within CRA boundary (Esri BA)
Golden Gate850Hobe Sound2,157Jensen Beach522Old Palm City1,311Port Salerno1,157Rio375
Median residential sale price
Qualified arm's-length sales, 2025
Golden Gate$440KHobe Sound$328KJensen Beach$399KOld Palm City$448KPort Salerno$350KRio$338K
Jensen Beach rests on 3 qualified sales, directionally weak.
Commercial vacancy rate
CoStar, lower is stronger
Golden Gate12.5%Hobe Sound6.2%Jensen Beach15.4%Old Palm City0.6%Port Salerno1.9%Rio9.2%
02 · 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

Six-panel tax base density map
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). Heterogeneous Infrastructure CRAs carry 58% of the FY27 footprint. Adopted CIP expected post-September 2026.
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 context
258K jobs
Health Care leads in every CRA zip (LQ above 1.5 portfolio-wide). Retail, Accommodation & Food, and Construction round out the regional industry mix. Source: Lightcast Economy Overview by zip.
Engagement phase
Week 15 of 18
Dashboard updated: 2026-08-31
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
Taxable value growth · 7x since base year
$51MBase '02$286M2024$343M2025
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
Permits by quarter (units)
38Q1'2539Q2'2568Q3'2545Q4'2531Q1'2656Q2'26
ResidentialCommercial
SOURCE: Q1-Q4 FY25 quarterly reports
Live

Employment context

Total jobs (zip 34994)
22,090
+12.4% since 2020 · GRP $3.5B
Top industries by jobs
Health Care & Social Assistance
7,700
LQ 2.54
Retail Trade
2,453
LQ 1.21
Accommodation & Food Services
2,255
LQ 1.23
Top industries by jobs · share of 22,090 total
Health Care & Social..7,700 (35%)Retail Trade2,453 (11%)Accommodation & Food..2,255 (10%)
SOURCE: Lightcast Economy Overview, 2025
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.
Vacancy trend
12.5%Now10.0%1 yr ago6.9%10 yr avg
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
$440,000
Median of 46 qualified arm's-length sales in 2025
Turnover rate
2.0% / yr
46 of 768 residential parcels sold in 2025
Residential base
768 parcels · 1,141 units
Residential just value $279.7M · $245K per unit
Share of district value
81.8%
Residential share of CRA just value
Share of district just value
82%residential
Residential 82%Commercial / other 18%
SOURCE: Martin County PA / DOR 2025 tax roll, qualified arm's-length sales joined to CRA boundary
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)
Taxable value growth · 8x since base year
$93MBase '00$682M2024$740M2025
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
Permits by quarter (units)
67Q1'2546Q2'25115Q3'25104Q4'2549Q1'2696Q2'26
ResidentialCommercial
SOURCE: Q1-Q4 FY25 quarterly reports
Live

Employment context

Total jobs (zip 33455)
29,307
+12.4% since 2020 · GRP $4.6B
Top industries by jobs
Health Care & Social Assistance
8,496
LQ 2.12
Accommodation & Food Services
2,937
LQ 1.21
Retail Trade
2,814
LQ 1.04
Top industries by jobs · share of 29,307 total
Health Care & Social..8,496 (29%)Accommodation & Food..2,937 (10%)Retail Trade2,814 (10%)
SOURCE: Lightcast Economy Overview, 2025
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).
Vacancy trend
6.2%Now3.9%1 yr ago5.5%10 yr avg
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
$327,950
Median of 72 qualified arm's-length sales in 2025
Turnover rate
1.5% / yr
72 of 1,569 residential parcels sold in 2025
Residential base
1,569 parcels · 1,469 units
Residential just value $487.3M · $332K per unit
Share of district value
66.9%
Residential share of CRA just value
Share of district just value
67%residential
Residential 67%Commercial / other 33%
SOURCE: Martin County PA / DOR 2025 tax roll, qualified arm's-length sales joined to CRA boundary
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)
Taxable value growth · 9x since base year
$9MBase '99$79M2024$86M2025
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
Permits by quarter (units)
54Q1'2573Q2'2595Q3'25107Q4'2539Q1'26136Q2'26
ResidentialCommercial
SOURCE: Q1-Q4 FY25 quarterly reports
Live

Employment context

Total jobs (zip 34957)
40,758
+12.7% since 2020 · GRP $6.2B
Top industries by jobs
Health Care & Social Assistance
9,384
LQ 1.68
Accommodation & Food Services
5,423
LQ 1.61
Retail Trade
5,131
LQ 1.37
Top industries by jobs · share of 40,758 total
Health Care & Social..9,384 (23%)Accommodation & Food..5,423 (13%)Retail Trade5,131 (13%)
SOURCE: Lightcast Economy Overview, 2025
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.
Vacancy trend
15.4%Now0.5%1 yr ago7.8%10 yr avg
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
$399,000
Median of only 3 qualified sales, directionally weak
Turnover rate
2.1% / yr
3 of 48 residential parcels sold in 2025
Residential base
48 parcels · 101 units
Residential just value $20.3M · $201K per unit
Share of district value
28.2%
Residential share of CRA just value
Share of district just value
28%residential
Residential 28%Commercial / other 72%
SOURCE: Martin County PA / DOR 2025 tax roll, qualified arm's-length sales joined to CRA boundary
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)
Taxable value growth · 5x since base year
$94MBase '02$477M2024$498M2025
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
Permits by quarter (units)
20Q1'2511Q2'256Q3'2513Q4'255Q1'2694Q2'26
ResidentialCommercial
SOURCE: Q1-Q4 FY25 quarterly reports
Live

Employment context

Total jobs (zip 34990)
53,532
+13.0% since 2020 · GRP $8.2B
Top industries by jobs
Health Care & Social Assistance
13,024
LQ 1.64
Retail Trade
6,622
LQ 1.25
Accommodation & Food Services
6,557
LQ 1.56
Top industries by jobs · share of 53,532 total
Health Care & Social..13,024 (24%)Retail Trade6,622 (12%)Accommodation & Food..6,557 (12%)
SOURCE: Lightcast Economy Overview, 2025
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 collapsed 10.2 to 0.6%; likely one tenant backfill (linked to Rio).
Vacancy trend
0.6%Now10.2%1 yr ago6.7%10 yr avg
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
$447,500
Median of 52 qualified arm's-length sales in 2025
Turnover rate
1.9% / yr
52 of 930 residential parcels sold in 2025
Residential base
930 parcels · 1,007 units
Residential just value $380.7M · $378K per unit
Share of district value
76.9%
Residential share of CRA just value
Share of district just value
77%residential
Residential 77%Commercial / other 23%
SOURCE: Martin County PA / DOR 2025 tax roll, qualified arm's-length sales joined to CRA boundary
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)
Taxable value growth · 8x since base year
$77MBase '99$558M2024$599M2025
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
Permits by quarter (units)
46Q1'25240Q2'25224Q3'25127Q4'25130Q1'26118Q2'26
ResidentialCommercial
SOURCE: Q1-Q4 FY25 quarterly reports
Live

Employment context

Total jobs (zip 34992)
53,544
+12.9% since 2020 · GRP $8.2B
Top industries by jobs
Health Care & Social Assistance
12,987
LQ 1.63
Retail Trade
6,598
LQ 1.24
Accommodation & Food Services
6,532
LQ 1.55
Top industries by jobs · share of 53,544 total
Health Care & Social..12,987 (24%)Retail Trade6,598 (12%)Accommodation & Food..6,532 (12%)
SOURCE: Lightcast Economy Overview, 2025
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.
Vacancy trend
1.9%Now3.7%1 yr ago9.8%10 yr avg
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
$350,000
Median of 107 qualified arm's-length sales in 2025
Turnover rate
2.0% / yr
107 of 1,817 residential parcels sold in 2025
Residential base
1,817 parcels · 1,709 units
Residential just value $476.4M · $279K per unit
Share of district value
79.6%
Residential share of CRA just value
Share of district just value
80%residential
Residential 80%Commercial / other 20%
SOURCE: Martin County PA / DOR 2025 tax roll, qualified arm's-length sales joined to CRA boundary
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)
Taxable value growth · 6x since base year
$91MBase '00$573M2024$581M2025
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
Permits by quarter (units)
1Q1'2519Q2'2566Q3'2577Q4'2559Q1'263Q2'26
ResidentialCommercial
SOURCE: Q1-Q4 FY25 quarterly reports
Live

Employment context

Total jobs (zip 34957)
40,758
+12.7% since 2020 · GRP $6.2B
Top industries by jobs
Health Care & Social Assistance
9,384
LQ 1.68
Accommodation & Food Services
5,423
LQ 1.61
Retail Trade
5,131
LQ 1.37
Rio shares zip 34957 with Jensen Beach. Employment data reflects the combined Jensen Beach / Rio market corridor.
Top industries by jobs · share of 40,758 total
Health Care & Social..9,384 (23%)Accommodation & Food..5,423 (13%)Retail Trade5,131 (13%)
SOURCE: Lightcast Economy Overview, 2025
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 spiked 1.9 to 9.2% (mirror of Old Palm City); $25.5M single-sale spike.
Vacancy trend
9.2%Now1.9%1 yr ago13.5%10 yr avg
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
$337,500
Median of 80 qualified arm's-length sales in 2025
Turnover rate
2.0% / yr
80 of 1,338 residential parcels sold in 2025
Residential base
1,338 parcels · 1,374 units
Residential just value $503.4M · $366K per unit
Share of district value
87.2%
Residential share of CRA just value
Share of district just value
87%residential
Residential 87%Commercial / other 13%
SOURCE: Martin County PA / DOR 2025 tax roll, qualified arm's-length sales joined to CRA boundary