731 50th St · West Palm Beach, FL 33407

$368,900

3 bd · 1.0 ba · 1,048 sqft · SingleFamily public records · 89 Days on market

Built 1948 5,227 sqft lot

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +21.3/30.0
• ARV discount +7.5/15.0
• DSCR +6.8/10.0
• 1% rule +5.3/10.0
• Schools +4.3/10.0
• Livability +4.1/5.0
• Rent growth +3.3/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Beautiful home in the heart of West Palm Beach! This newly painted residence boasts a fresh and modern look, with a new roof, stunning flooring, and meticulously landscaping. Has a 95ft Driveway. Has a finished CBS building in back that can be a playroom, laundry room, man cave or home office. Located in an up-and-coming neighborhood, Don't miss out on this great investment opportunity. No Airbnb restrictions. Minutes from hospital, Port of Ft. Lauderdale, and beaches.

Key facts

• Bright living area
• Natural light
• 5,227 sq ft lot

Tags

• BRIGHT LIVING AREA
• NATURAL LIGHT
• SHORT DRIVE TO DOWNTOWN
• SHORT DRIVE TO LOCAL BEACHES

Property features AI

Finance

• Other: Pets allowed with no restrictions
• Financial info: No investor or income/expense details listed
• HOA & community: No HOA information listed

Exterior

• Parking: No carport
• Security: No security features listed
• Utilities: Public water; Public sewer; Three-phase electric service; Cable available; Water available; Sewer available
• Home design: Single family residence; Resale property; 1 story; Faces east
• Construction: Built with other/unspecified construction materials; Other roof type; 1,048 living area (public records)
• Exterior features: Not waterfront; No waterfront features

Interior

• Kitchen: Dishwasher; Electric range; Microwave; Refrigerator
• Bedrooms: 3 bedrooms on the main level
• Flooring: Other flooring
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: No special interior features listed
• Laundry & utility: No specific laundry details listed

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $369k.

Deal economics

• At list price, monthly cash flow is $537 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $369k).
• Recommended offer: $347k (6.0% below list) — sets the bar for market timing.
• Cap rate 8.0% vs local median 3.8% in West Palm Beach — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 82/100 on livability (#75 in FL, #1,255 nationally) — a professional / high-income tenant draw. Strengths: commute A+, housing A+, health & safety A+; Watch: employment C-, crime F.
• Palm Beach (suburban): math 46% / reading 53% proficiency, ranked #34 of 73 in FL (top 47%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+3.1%/yr); 305 active listings in the ZIP; 29 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 3,974 units permitted in Palm Beach County in 2024 (1,012 in 5+ unit buildings).
• At $3,787/mo this rent would consume 76% of the median local household income ($60k/yr) (locally 2157% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $11k of value loss. Plan a longer hold.
• Palm Beach County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 89 days — a 6% lower offer ($347k) is reasonable based on typical stale-listing flexibility.
• 14 sale attempts since 13y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1948 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $346,766 (6.0% below list)

Questions for the listing agent

1. It's been on market 89 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1948 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.03% ✓
• Cap rate: 8.04%
• Cash-on-cash: 6.24%
• DSCR: 1.28
• GRM: 8.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.08% rent growth · sell at horizon

5-year hold

• IRR: -6.6%
• Equity multiple: 0.76×
• Total profit: $-25,265
• Equity at exit: $55,004

10-year hold

• IRR: 3.1%
• Equity multiple: 1.23×
• Total profit: $23,299
• Equity at exit: $31,896

Cash invested: $103,292 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 33407

• Rents YoY: 3.1%
• Active inventory: 305
• Price-to-rent: 8.1×

Monthly cashflow live

• Estimated rent: $3,787 high
• Mortgage (P&I): −$1,935
• Tax from tax record: −$366 /mo · $4,395/yr
• Insurance: −$154
• HOA: −$0
• Vacancy / Maint / Mgmt: −$795
• Net cashflow: $537

Break-even live

Break-even rent $3,107

Max offer price $368,900

Occupancy floor 81%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $92,225
• Closing costs: $11,067
• Reserves months: —
• Total cash needed: —

Rent comps 29 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5101 Spruce Ave West Palm Beach, FL	3.0	3.0	1151	$3,100	$2.69	24d	1	0.29mi
436 51st St West Palm Beach, FL	2.0	1.0	968	$3,750	$3.87	24d	1	0.32mi
424 51st St Unit 426 West Palm Beach, FL	3.0	2.0	1230	$3,500	$2.85	11d	1	0.32mi
517 55th St West Palm Beach, FL	2.0	2.0	1238	$4,550	$3.68	24d	1	0.36mi
510 56th St West Palm Beach, FL	2.0	1.0	1152	$3,800	$3.30	22d	1	0.38mi
5203 N Flagler Dr West Palm Beach, FL	3.0	1.5	1458	$6,000	$4.12	24d	1	0.38mi
5200 N Flagler Dr West Palm Beach, FL	2.0	2.0	1233	$3,375	$2.74	24d	2	0.47mi
5200 N Flagler Dr #2004 West Palm Beach, FL	2.0	2.0	1235	$3,800	$3.08	8d	1	0.47mi
5600 N Flagler Dr West Palm Beach, FL	1.0–3.0	2.0	1192	$6,000	$5.03	21d	8	0.51mi
4444 N Flagler Dr West Palm Beach, FL	2.0	2.0	1300	$4,579	$3.52	24d	1	0.56mi
401 42nd St West Palm Beach, FL	3.0	1.0	1400	$4,950	$3.54	15d	1	0.57mi
401 42nd St West Palm Beach, FL	3.0	1.0	1100	$4,950	$4.50	24d	1	0.57mi
522 W 2nd St Riviera Beach, FL	3.0	1.0	900	$2,895	$3.22	24d	1	0.57mi
701 37th St West Palm Beach, FL	3.0	2.0	1426	$3,600	$2.52	24d	1	0.69mi
619 37th St West Palm Beach, FL	3.0	2.0	1414	$3,350	$2.37	24d	1	0.70mi
436 38th St West Palm Beach, FL	4.0	3.0	1479	$6,500	$4.39	24d	1	0.74mi
636 35th St West Palm Beach, FL	3.0	2.0	1133	$3,500	$3.09	24d	1	0.84mi
306 34th St West Palm Beach, FL	2.0	1.0	1443	$4,650	$3.22	24d	1	0.99mi
3410 Poinsettia Ave West Palm Beach, FL	2.0	1.0	1257	$3,350	$2.67	12d	1	1.00mi
932 31st St West Palm Beach, FL	3.0	2.0	850	$3,000	$3.53	24d	1	1.04mi
3415 N Flagler Dr West Palm Beach, FL	2.0	2.0	1174	$9,950	$8.48	8d	1	1.06mi
933 30th Ct West Palm Beach, FL	3.0	1.5	1085	$3,100	$2.86	24d	1	1.07mi
517 31st St West Palm Beach, FL	2.0	1.5	1406	$3,150	$2.24	24d	1	1.07mi
245 30th St West Palm Beach, FL	2.0	2.0	1271	$9,000	$7.08	24d	1	1.20mi
65 W 16th St Apt 1 Riviera Beach, FL	4.0	2.0	1200	$3,500	$2.92	8d	1	1.32mi
65 W 16th St Apt 1 Riviera Beach, FL	4.0	2.0	1232	$3,500	$2.84	17d	1	1.32mi
230 Colonial Ln Palm Beach, FL	2.0	2.0	1436	$20,000	$13.93	24d	1	1.33mi
1401 W 9th St Riviera Beach, FL	3.0	2.0	1304	$3,200	$2.45	24d	1	1.33mi
2585 Spruce Ave West Palm Beach, FL	1.0–2.0	1.0–2.0	841	$3,225	$3.83	1d	122	1.48mi

Listing history 50 events

1. 2026-06-18
   days on market $368,900 Active 89 DOM
2. 2026-06-17
   days on market $368,900 Active 88 DOM
3. 2026-06-16
   days on market $368,900 Active 87 DOM
4. 2026-06-15
   days on market $368,900 Active 86 DOM
5. 2026-06-13
   days on market $368,900 Active 84 DOM
6. 2026-06-09
   days on market $368,900 Active 80 DOM
7. 2026-06-08
   days on market $368,900 Active 79 DOM
8. 2026-06-07
   days on market $368,900 Active 78 DOM
9. 2026-06-04
   days on market $368,900 Active 75 DOM
10. 2026-06-03
    days on market $368,900 Active 74 DOM
11. 2026-06-02
    days on market $368,900 Active 73 DOM
12. 2026-06-01
    days on market $368,900 Active 72 DOM
13. 2026-05-31
    days on market $368,900 Active 71 DOM
14. 2026-05-15
    price $368,900
15. 2026-03-21
    listed $369,900 Active
16. 2026-02-01
    historical
17. 2026-01-03
    price $368,900
18. 2026-01-02
    status Active
19. 2025-12-26
    historical
20. 2025-08-11
    price $369,000
21. 2025-07-07
    price $375,000
22. 2025-07-07
    status Active
23. 2025-04-24
    historical
24. 2025-04-01
    status Active
25. 2025-01-26
    historical
26. 2025-01-17
    listed $400,000 Active
27. 2024-07-08
    soldstatus $335,000
28. 2024-03-15
    soldstatus $335,000 Closed 473-char remark

    Show marketing remark (473 chars)

    Beautiful home in the heart of West Palm Beach! This newly painted residence boasts a fresh and modern look, with a new roof, stunning flooring, and meticulously landscaping. Has a 95ft Driveway. Has a finished CBS building in back that can be a playroom, laundry room, man cave or home office. Located in an up-and-coming neighborhood, Don't miss out on this great investment opportunity. No Airbnb restrictions. Minutes from hospital, Port of Ft. Lauderdale, and beaches.

29. 2024-02-13
    historical Active Under Contract 473-char remark

    Show marketing remark (473 chars)

    Beautiful home in the heart of West Palm Beach! This newly painted residence boasts a fresh and modern look, with a new roof, stunning flooring, and meticulously landscaping. Has a 95ft Driveway. Has a finished CBS building in back that can be a playroom, laundry room, man cave or home office. Located in an up-and-coming neighborhood, Don't miss out on this great investment opportunity. No Airbnb restrictions. Minutes from hospital, Port of Ft. Lauderdale, and beaches.

30. 2024-01-08
    status Active 473-char remark

    Show marketing remark (473 chars)

    Beautiful home in the heart of West Palm Beach! This newly painted residence boasts a fresh and modern look, with a new roof, stunning flooring, and meticulously landscaping. Has a 95ft Driveway. Has a finished CBS building in back that can be a playroom, laundry room, man cave or home office. Located in an up-and-coming neighborhood, Don't miss out on this great investment opportunity. No Airbnb restrictions. Minutes from hospital, Port of Ft. Lauderdale, and beaches.

31. 2023-12-05
    listed $335,900 Active 473-char remark

    Show marketing remark (473 chars)

    Beautiful home in the heart of West Palm Beach! This newly painted residence boasts a fresh and modern look, with a new roof, stunning flooring, and meticulously landscaping. Has a 95ft Driveway. Has a finished CBS building in back that can be a playroom, laundry room, man cave or home office. Located in an up-and-coming neighborhood, Don't miss out on this great investment opportunity. No Airbnb restrictions. Minutes from hospital, Port of Ft. Lauderdale, and beaches.

32. 2020-10-28
    soldstatus $180,000
33. 2020-09-24
    soldstatus $180,000 Closed
34. 2020-08-03
    historical Active Under Contract
35. 2020-07-22
    price $189,000
36. 2020-07-08
    listed $195,000 Active
37. 2019-07-09
    soldstatus $102,500
38. 2017-11-21
    historical
39. 2017-11-06
    price $115,000
40. 2017-11-05
    listed $92,500 Active
41. 2017-10-03
    status Pending
42. 2017-10-03
    historical
43. 2017-08-31
    price $92,500
44. 2017-08-14
    price $100,000
45. 2017-07-24
    listed $120,000 Active
46. 2016-08-17
    soldstatus $61,000
47. 2016-08-11
    soldstatus $61,000 Closed
48. 2016-07-08
    historical Contingent
49. 2016-06-30
    status Active
50. 2016-06-28
    historical Contingent

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $4,395 · $366/mo
• Projected year-2 tax: $4,395 · $366/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥105°F today · 25 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $45,442
• − Mortgage interest: −$20,664
• − Property taxes: −$4,395
• − Insurance: −$1,844
• − Repairs & maintenance: −$3,635
• − Management: −$3,635
• − Depreciation: −$10,732
• Taxable income: $536
• Est. tax owed @ 24.0%: −$129
• After-tax cash flow: $6,317/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Palm Beach
• NCES district ID: 1201500
• Math proficiency: 46% ▼ -16.00%
• Reading proficiency: 53% ▼ -4.00%
• Median HH income: $53,943
• Composite: 42.72/100
• National rank: #3160
• State rank: #34 of 73 in FL

Livability — West Palm Beach

• Score: 82/100
• State rank: #75
• US rank: #1255

Category grades

Amenities A- Commute A+ Cost of living B- Crime F Employment C- Housing A+ Health & safety A+ User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: West Palm Beach, FL
• County: Palm Beach County · 1,438,312 people
• City population: 222,012
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 34,851
• Household income: $59,993
• Rent vs Own: 49.0% rent · 51.0% own
• Severe rent burden: 2157.0

Population outlook (Palm Beach County) Hauer SSP2

• Today (2025): 1,637,487 people
• By 2030: 1,743,255 · +6.5%
• By 2040: 1,948,712 · +19.0%
• By 2050: 2,132,979 · +30.3%
• By 2075: 2,530,027 · +54.5%
• By 2100: 2,706,979 · +65.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.62)
• Race & ethnicity: Black 54% White 21% Hispanic / Latino 20% Two or more races 13% Asian 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 2% Cuban 2%
• Common ancestry: Hispanic 8% Lithuanian 1% Romanian 1%
• Foreign-born: 26% · Canada, Vietnam, Jamaica
• Languages at home: 72% English-only · Spanish 17% French/Haitian/Cajun 8% Other Indo-European 1%

Political lean MEDSL · Palm Beach

• 2024 margin: Toss-up / Even · D 50.0% · R 49.2%
• 2008→2024 swing: -22.1pp toward R · 2008: 22.9pp · 2024: 0.8pp
• All cycles: 2024: D+0.8 2020: D+12.8 2016: D+15.3 2012: D+17.0 2008: D+22.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -299.26%
• Current HPI: 363.3995
• Rent YoY: ▲ 3.08%
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+1375.6% since first listed

46 events — show timeline

• 2026-05-15 Price Changed $368,900 Beaches MLS
• 2026-03-21 Listed $369,900 Beaches MLS
• 2026-02-01 Listing Removed — Beaches MLS
• 2026-01-03 Price Changed $368,900 Beaches MLS
• 2026-01-02 Relisted — Beaches MLS
• 2025-12-26 Listing Removed — Beaches MLS
• 2025-08-11 Price Changed $369,000 Beaches MLS
• 2025-07-07 Price Changed $375,000 Beaches MLS
• 2025-07-07 Relisted — Beaches MLS
• 2025-04-24 Listing Removed — Beaches MLS
• 2025-04-01 Relisted — Beaches MLS
• 2025-01-26 Listing Removed — Beaches MLS
• 2025-01-17 Listed $400,000 Beaches MLS
• 2024-07-08 Sold (Public Records) $335,000 Public Records
• 2024-03-15 Sold (MLS) $335,000 MARMLS
• 2024-02-13 Contingent — MARMLS
• 2024-01-08 Relisted — MARMLS
• 2023-12-05 Listed $335,900 MARMLS
• 2020-10-28 Sold (Public Records) $180,000 Public Records
• 2020-09-24 Sold (MLS) $180,000 Beaches MLS
• 2020-08-03 Contingent — Beaches MLS
• 2020-07-22 Price Changed $189,000 Beaches MLS
• 2020-07-08 Listed $195,000 Beaches MLS
• 2019-07-09 Sold (Public Records) $102,500 Public Records
• 2017-11-21 Listing Removed — Beaches MLS
• 2017-11-06 Price Changed $115,000 Beaches MLS
• 2017-11-05 Listed $92,500 Beaches MLS
• 2017-10-03 Pending — Beaches MLS
• 2017-10-03 Listing Removed — Beaches MLS
• 2017-08-31 Price Changed $92,500 Beaches MLS
• 2017-08-14 Price Changed $100,000 Beaches MLS
• 2017-07-24 Listed $120,000 Beaches MLS
• 2016-08-17 Sold (Public Records) $61,000 Public Records
• 2016-08-11 Sold (MLS) $61,000 Beaches MLS
• 2016-07-08 Contingent — Beaches MLS
• 2016-06-30 Relisted — Beaches MLS
• 2016-06-28 Contingent — Beaches MLS
• 2016-05-25 Listed $69,500 Beaches MLS
• 2015-01-17 Listing Removed — Beaches MLS
• 2015-01-14 Sold (MLS) $40,500 Beaches MLS
• 2014-10-01 Pending — Beaches MLS
• 2014-08-24 Listed $52,000 Beaches MLS
• 2013-04-30 Sold (MLS) $28,000 Beaches MLS
• 2013-04-16 Pending — Beaches MLS
• 2013-02-20 Listed $43,900 Beaches MLS
• 1997-10-17 Sold (Public Records) $25,000 Public Records

Property tax history

+8.2%/yr

Latest (2025): $4,395 · -16.6% YoY. Source: county tax records.