3075 Gardens East Dr #14 · Palm Beach Gardens, FL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 10/10 · Severe
- Hot days now (above 106°F)
- 7 days/yr
- Hot days in 30 yrs
- 26 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B+ 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 +30.0/30.0
- ARV discount +15.0/15.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Condition / age +3.8/5.0
- Schools +3.7/10.0
- Livability +3.5/5.0
- Rent growth +3.1/5.0
- Appreciation +0.0/10.0
$180,900
3075 Gardens East Dr #14 · Palm Beach Gardens, FL 33410
2 bd · 2.0 ba · 1,088 sqft · Condo
public records
· 344 Days on market
Built 1976
$166/sqft
· 41% below area
Est $305k · 41% under
$738/mo HOA · 20% of rent
↓ 3% since listing
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Discover the potential in this first-floor 2BR/2BA condo ideally located in the heart of Palm Beach Gardens. Both bedrooms are en-suites, offering comfort and privacy. Enjoy being minutes from PBG Medical Center, shopping, dining, schools, and places of worship. Close to beautiful beaches, world-class fishing, championship golf, entertainment venues, and just 20 minutes to PBI. With condo fees decreasing to $738, this is a great opportunity to add your personal touch and make this space your own. Leasing permitted after one year with limited availability.
Key facts
- First-floor condo
- En-suites
- Championship golf
Tags
Neighborhood map
Sold within
Property
Rental comp
Retail
Costco
Walmart
Transit
Schools
Stadiums
Fortune 500
· Circle radius: 6.0 mi
Loading POIs…
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $181k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $918 ($11k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($4k rent vs $181k).
- Recommended offer: $159k (12.0% below list) — sets the bar for market timing.
- Cap rate 12.4% vs local median 3.3% in Palm Beach Gardens — 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 69/100 on livability (#464 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F, cost of living 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.
- Zoned schools: Allamanda Elementary School (math 52% / reading 58%, grade C, #872 of 2,144 statewide, top 42%, 630 students, 48% FRL); Howell L. Watkins Middle School (math 18% / reading 33%, grade F, #512 of 571 statewide, top 90%, 794 students, 76% FRL); Palm Beach Gardens High School (math 19% / reading 40%, grade F, #447 of 667 statewide, top 68%, 2,570 students, 61% FRL).
- Zoned-school proficiency averages 37% at this address vs 50% district-wide (-13 pts) — the specific schools serving this property underperform the Palm Beach average; the district grade overstates school quality for this exact location.
- Market conditions: Rents rising (+2.5%/yr); 422 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 59d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 75% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 3,974 units permitted in Palm Beach County in 2024 (1,012 in 5+ unit buildings).
- At $3,772/mo this rent would consume 48% of the median local household income ($95k/yr) — 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 $1k of loan paydown is wiped out by about $5k 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.
- At projected returns (-3.0% appreciation + 2.5% rent growth), your $51k cash investment doubles in ~6 years — after that, you're playing with house money.
Negotiation context
- It's been on market 344 days — a 12% lower offer ($159k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts; this cycle's ask has dropped $11k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer
$159,192
(12.0% below list)
Questions for the listing agent
- It's been on market 344 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1976 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- 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.
- 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.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 2.09% ✓
- Cap rate
- 12.38%
- Cash-on-cash
- 21.75%
- DSCR
- 1.97
- GRM
- 4.0
CMA / ARV
- ARV (median comp)
- $304,511
- List price
- $180,900
- Delta
- -40.59%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 336 Golfview Rd #203 | 1.48mi | 2/2.0 | 1,143 (+5%) | 0mo | $187,500 | $164 | 57 |
| 3958 Chapel St | 1.10mi | 2/2.0 | 1,148 (+6%) | 1mo | $300,000 | $261 | 55 |
| 10301 Chapman Oak Ct | 0.85mi | 2/2.0 | 1,152 (+6%) | 0mo | $400,000 | $347 | 55 |
| 1702 Silverleaf Oak Ct | 0.91mi | 2/2.0 | 1,152 (+6%) | 1mo | $350,000 | $304 | 54 |
| 1904 Appleton Ct | 0.90mi | 2/2.0 | 1,152 (+6%) | 1mo | $280,000 | $243 | 54 |
| 10701 Chapman Oak Ct | 0.78mi | 2/2.0 | 1,152 (+6%) | 1mo | $340,000 | $295 | 54 |
| 6503 Geminata Oak Ct | 0.89mi | 2/2.0 | 1,152 (+6%) | 2mo | $410,000 | $356 | 54 |
| 553 Riverside Dr | 0.55mi | 3/2.0 (+1) | 1,189 (+9%) | 2mo | $485,000 | $408 | 53 |
| 11028 Legacy Dr #203 | 1.21mi | 2/2.0 | 1,309 (+20%) | 0mo | $362,500 | $277 | 40 |
| 11031 Legacy Blvd #103 | 1.22mi | 2/2.0 | 1,345 (+24%) | 1mo | $285,000 | $212 | 39 |
| 9715 Dahlia Ave | 0.77mi | 3/2.0 (+1) | 1,290 (+19%) | 2mo | $588,000 | $456 | 34 |
| 11019 Legacy Ln #301 | 1.27mi | 1/1.0 (-1) | 846 (-22%) | 2mo | $225,000 | $266 | 30 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 2.49% rent growth · sell at horizon
5-year hold
- IRR
- 13.8%
- Equity multiple
- 1.55×
- Total profit
- $27,797
- Equity at exit
- $26,973
10-year hold
- IRR
- 22.2%
- Equity multiple
- 2.85×
- Total profit
- $93,945
- Equity at exit
- $15,641
Cash invested: $50,652 (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.
Active competition Active MLS
- For sale now
- 0 active · 1 under contract
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 33410
- Rents YoY
- 2.5%
- Active inventory
- 422
- Price-to-rent
- 4.0×
Monthly cashflow live
↻
- Estimated rent
- $3,772 high interval (Pro) →
- Mortgage (P&I)
- −$949
- Tax from tax record
- −$300 /mo · $3,597/yr
- Insurance
- −$75
- HOA
- −$738
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$792
- Net cashflow
- $918
Break-even live
Break-even rent
$2,610
Max offer price
$180,900
Occupancy floor
71%
Sensitivity live
| Price | -10% $1,021 | -5% $969 | +0% $918 | +5% $867 | +10% $816 |
|---|---|---|---|---|---|
| Rent | -10% $620 | -5% $769 | +0% $918 | +5% $1,067 | +10% $1,216 |
| Rate | -1.0pp $1,009 | -0.5pp $964 | base $918 | +0.5pp $871 | +1.0pp $824 |
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
- $45,225
- Closing costs
- $5,427
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 327 Azalea St Palm Beach Gardens, FL | 3.0 | 2.0 | 1292 | $2,836 | $2.20 | 33d | 1 | 0.45mi |
| 908 Lighthouse Dr North Palm Beach, FL | 3.0 | 2.0 | 1478 | $3,900 | $2.64 | 13d | 1 | 0.47mi |
| 908 Lighthouse Dr North Palm Beach, FL | 3.0 | 2.0 | 1478 | $3,900 | $2.64 | 37d | 1 | 0.47mi |
| 908 Lighthouse Dr North Palm Beach, FL | 3.0 | 2.0 | 1478 | $4,250 | $2.88 | 121d | 1 | 0.47mi |
| 913 Lighthouse Dr North Palm Beach, FL | 3.0 | 2.5 | 1092 | $5,900 | $5.40 | 79d | 1 | 0.49mi |
| 913 Lighthouse Dr North Palm Beach, FL | 3.0 | 2.5 | 1092 | $5,900 | $5.40 | 121d | 1 | 0.49mi |
| 2539 Wabash Dr West Palm Beach, FL | 3.0 | 2.5 | 1468 | $5,500 | $3.75 | 121d | 1 | 0.51mi |
| 804 Cinnamon Rd North Palm Beach, FL | 3.0 | 2.0 | 1343 | $3,600 | $2.68 | 58d | 1 | 0.51mi |
| 2523 Wabash Dr West Palm Beach, FL | 3.0 | 2.0 | 1300 | $4,200 | $3.23 | 27d | 1 | 0.53mi |
| 2750 Rio Vista Blvd Palm Beach Gardens, FL | 1.0–2.0 | 1.0–2.0 | 925 | $2,911 | $3.15 | 1d | 20 | 0.60mi |
| 10201 Chapman Oak Ct Palm Beach Gardens, FL | 2.0 | 2.0 | 1152 | $4,000 | $3.47 | 121d | 1 | 0.89mi |
| 3797 Roan Ct E West Palm Beach, FL | 2.0 | 2.0 | 1090 | $2,950 | $2.71 | 21d | 1 | 0.90mi |
| 6104 Red Oak Ct Palm Beach Gardens, FL | 2.0 | 2.0 | 1152 | $2,800 | $2.43 | 38d | 1 | 0.90mi |
| 2545 Conroy Dr North Palm Beach, FL | 3.0 | 2.0 | 1066 | $3,295 | $3.09 | 85d | 1 | 0.92mi |
| 7102 Geminata Oak Ct Unit 7102 Palm Beach Gardens, FL | 2.0 | 2.0 | 1152 | $3,400 | $2.95 | 77d | 1 | 0.95mi |
| 4802 Water Oak Ct Palm Beach Gardens, FL | 2.0 | 2.0 | 1152 | $2,850 | $2.47 | 30d | 1 | 1.02mi |
| 700 Sanctuary Cove Dr West Palm Beach, FL | 1.0–3.0 | 1.0–2.0 | 1120 | $2,529 | $2.26 | 60d | 54 | 1.05mi |
| 3660 RCA Blvd Palm Beach Gardens, FL | 1.0–2.0 | 1.0–2.0 | 1524 | $6,849 | $4.49 | 2d | 32 | 1.11mi |
| 11037 Legacy Dr Palm Beach Gardens, FL | 3.0 | 2.0 | 1466 | $3,200 | $2.18 | 62d | 1 | 1.15mi |
| 9446 Birmingham Dr Palm Beach Gardens, FL | 3.0 | 2.0 | 1092 | $3,100 | $2.84 | 77d | 1 | 1.16mi |
| 11010 Legacy Dr #102 Palm Beach Gardens, FL | 3.0 | 2.5 | 1454 | $2,850 | $1.96 | 38d | 1 | 1.17mi |
| 11011 Legacy Ln #306 Palm Beach Gardens, FL | 2.0 | 2.0 | 1403 | $4,350 | $3.10 | 66d | 1 | 1.20mi |
| 11011 Legacy Ln #306 Palm Beach Gardens, FL | 2.0 | 2.0 | 1403 | $4,350 | $3.10 | 12d | 1 | 1.20mi |
| 11022 Legacy Dr #101 Palm Beach Gardens, FL | 3.0 | 2.5 | 1454 | $3,900 | $2.68 | 78d | 1 | 1.22mi |
| 11024 Legacy Dr #104 Palm Beach Gardens, FL | 2.0 | 2.0 | 1345 | $6,000 | $4.46 | 121d | 1 | 1.23mi |
| 11028 Legacy Dr #203 Palm Beach Gardens, FL | 2.0 | 2.0 | 1309 | $4,000 | $3.06 | 121d | 1 | 1.25mi |
| 624 Southwind Cir Unit 3 North Palm Beach, FL | 3.0 | 3.0 | 1316 | $5,475 | $4.16 | 33d | 1 | 1.26mi |
| 624 Southwind Cir #2 North Palm Beach, FL | 2.0 | 2.0 | 718 | $3,725 | $5.19 | 55d | 1 | 1.26mi |
| 624 Southwind Cir #1 North Palm Beach, FL | 2.0 | 2.0 | 718 | $3,700 | $5.15 | 7d | 1 | 1.26mi |
| 624 Southwind Cir Unit 3 North Palm Beach, FL | 3.0 | 3.0 | 1316 | $5,500 | $4.18 | 6d | 1 | 1.26mi |
| 624 Southwind Cir #1 North Palm Beach, FL | 2.0 | 2.0 | 718 | $3,700 | $5.15 | 6d | 1 | 1.26mi |
| 624 Southwind Cir Apt 4 North Palm Beach, FL | 3.0 | 2.0 | 1134 | $4,725 | $4.17 | 55d | 1 | 1.26mi |
| 624 Southwind Cir Unit 3 North Palm Beach, FL | 3.0 | 3.0 | 1316 | $5,475 | $4.16 | 55d | 1 | 1.26mi |
| 624 Southwind Cir Unit 3 North Palm Beach, FL | 3.0 | 3.0 | 1316 | $5,500 | $4.18 | 7d | 1 | 1.26mi |
| 313 Lake Cir North Palm Beach, FL | 2.0 | 2.0 | 1084 | $3,000 | $2.77 | 57d | 1 | 1.28mi |
| 313 Lake Cir #311 North Palm Beach, FL | 2.0 | 2.0 | 1084 | $3,000 | $2.77 | 64d | 1 | 1.28mi |
| 11023 Legacy Ln #204 Palm Beach Gardens, FL | 2.0 | 2.0 | 1309 | $3,500 | $2.67 | 121d | 1 | 1.28mi |
| 9507 Bellewood St Palm Beach Gardens, FL | 3.0 | 2.0 | 1200 | $5,000 | $4.17 | 116d | 1 | 1.30mi |
| 9188 Birmingham Dr Palm Beach Gardens, FL | 3.0 | 2.0 | 1222 | $3,150 | $2.58 | 82d | 1 | 1.30mi |
| 11037 Legacy Blvd #204 Palm Beach Gardens, FL | 3.0 | 2.0 | 1466 | $3,200 | $2.18 | 74d | 1 | 1.31mi |
Property features AI
Finance
- Other
- Living area reported as 1,088 (public records)
- Financial info
- Pets allowed with possible restrictions (cats only noted, number and size limits may apply)
- HOA & community
- Monthly HOA feeAssociation amenities include parking and street lightsHOA covers cable TV, insurance, grounds maintenance, sewer, water, common areas, and common real estate tax
Exterior
- Parking
- Assigned parkingGuest parking
- Utilities
- Public waterPublic sewerThree-phase electricCable available
- Home design
- Condominium2-story buildingEntry-level living areaFaces eastResale property
- Construction
- Concrete and stucco construction
- Exterior features
- Screened patioPatioPaved road frontageNot waterfront
Interior
- Kitchen
- DishwasherElectric rangeMicrowaveRefrigeratorElectric water heater
- Bedrooms
- 2 bedrooms on the main level
- Flooring
- Laminate
- Bathrooms
- 2 full bathrooms on the main level
- Heating & cooling
- Central electric heating (individual)Central electric cooling (individual)Ceiling fan(s)
- Interior features
- Walk-in closetsSplit bedroom layoutBlinds on windows
- Laundry & utility
- Laundry closet inside with washer hookup
HOA detail $738/mo · $8,856/yr condo
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-09-23days on market $180,900 Active 344 DOM
-
2026-09-22days on market $180,900 Active 343 DOM
-
2026-09-21days on market $180,900 Active 342 DOM
-
2026-09-20days on market $180,900 Active 341 DOM
-
2026-09-18days on market $180,900 Active 339 DOM
-
2026-09-17days on market $180,900 Active 338 DOM
-
2026-09-16days on market $180,900 Active 337 DOM
-
2026-09-15days on market $180,900 Active 336 DOM
-
2026-09-13days on market $180,900 Active 334 DOM
-
2026-09-12days on market $180,900 Active 333 DOM
-
2026-09-11remarks 561-char remark
-
2026-09-11days on market $180,900 Active 332 DOM
-
2026-09-05days on market $180,900 Active 326 DOM
-
2026-09-04days on market $180,900 Active 325 DOM
-
2026-09-03days on market $180,900 Active 324 DOM
-
2026-08-31days on market $180,900 Active 321 DOM
-
2026-08-29days on market $180,900 Active 319 DOM
-
2026-08-28pricedays on market $180,900 Active 318 DOM
-
2026-08-25days on market $185,900 Active 315 DOM
-
2026-08-24days on market $185,900 Active 314 DOM
-
2026-08-23days on market $185,900 Active 313 DOM
-
2026-08-22days on market $185,900 Active 312 DOM
-
2026-08-21days on market $185,900 Active 311 DOM
-
2026-08-20days on market $185,900 Active 310 DOM
-
2026-08-19days on market $185,900 Active 309 DOM
-
2026-08-18days on market $185,900 Active 308 DOM
-
2026-08-16days on market $185,900 Active 306 DOM
-
2026-08-15days on market $185,900 Active 305 DOM
-
2026-08-14days on market $185,900 Active 304 DOM
-
2026-08-13days on market $185,900 Active 303 DOM
-
2026-08-12days on market $185,900 Active 302 DOM
-
2026-08-11days on market $185,900 Active 301 DOM
-
2026-08-10days on market $185,900 Active 300 DOM
-
2026-08-09days on market $185,900 Active 299 DOM
-
2026-08-08days on market $185,900 Active 298 DOM
-
2026-08-06days on market $185,900 Active 296 DOM
-
2026-08-05days on market $185,900 Active 295 DOM
-
2026-08-03days on market $185,900 Active 293 DOM
-
2026-07-31days on market $185,900 Active 290 DOM
-
2026-07-24days on market $185,900 Active 283 DOM
-
2026-07-23days on market $185,900 Active 282 DOM
-
2026-07-22days on market $185,900 Active 281 DOM
-
2026-07-21days on market $185,900 Active 280 DOM
-
2026-07-20days on market $185,900 Active 279 DOM
-
2026-07-18days on market $185,900 Active 277 DOM
-
2026-07-16days on market $185,900 Active 275 DOM
-
2026-07-15days on market $185,900 Active 274 DOM
-
2026-07-14days on market $185,900 Active 273 DOM
-
2026-07-13days on market $185,900 Active 272 DOM
-
2026-07-13days on market $185,900 Active 271 DOM
ⓘ 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
- $3,597 · $300/mo
- Projected year-2 tax
- $3,597 · $300/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 ≥106°F today · 26 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $45,266
- − Mortgage interest
- −$10,133
- − Property taxes
- −$3,597
- − Insurance
- −$904
- − Repairs & maintenance
- −$3,621
- − Management
- −$3,621
- − HOA
- −$8,856
- − Depreciation
- −$5,263
- Taxable income
- $9,270
combined federal + state — saved on this device
- Est. tax owed @ 24.0%
- −$2,225
- After-tax cash flow
- $8,794/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.
Condition & rehab AI · 9 photos
75/100
Cosmetic rehab
Est. rehab $5,440–$16,320 screening
This first-floor 2BR/2BA condo in Palm Beach Gardens is in good condition with cosmetic updates needed. It's well-located and offers a great opportunity for investment.
Value-add opportunities
- Both Paint exterior — Enhances curb appeal and value ↑
- Both Clean gutters — Improves drainage and property value ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
F
Composite school gradezoned avg 37/100
Zoned Schools
Elementary
Allamanda Elementary School
C
FL #872/2,144
Nat'l #9,637/41,679
Middle
Howell L. Watkins Middle School
F
FL #512/571
Nat'l #10,204/14,009
High
Palm Beach Gardens High School
F
FL #447/667
Nat'l #11,215/17,239
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
C
Composite livability gradescore 69/100
Livability — Palm Beach Gardens
- Score
- 69/100
- State rank
- #464
- US rank
- #8366
Category grades
Amenities F
Commute F
Cost of living F
Crime A+
Employment A+
Housing A+
Health & safety D-
User ratings A+
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Palm Beach Gardens, FL
- County
- Palm Beach County · 1,637,487 people
- City population
- 96,294
- Metro
- Miami-Fort Lauderdale-Pompano Beach, FL
- Population (ZIP)
- 36,759
- Household income
- $94,530
- Rent vs Own
- Severe rent burden
- 12% of renters
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
- Predominantly White (70%)
- Race & ethnicity
- White 70% Hispanic / Latino 15% Two or more races 13% Black 5% Asian 4%
- Hispanic origin (detail)
- Mexican 2% Puerto Rican 2% Cuban 3%
- Common ancestry
- Romanian 4% Lithuanian 3% Slovak 2%
- Foreign-born
- 17% · Canada, Jamaica, Vietnam
- Languages at home
- 78% English-only · Spanish 13% French/Haitian/Cajun 3% Other Indo-European 2%
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
- ▼ -346.12%
- Current HPI
- 375.5381
- Rent YoY
- ▲ 2.49%
- 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 |
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| Insurance | 2 | $17B |
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| Retail | 1 | $60B |
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| Technology Distribution | 1 | $58B |
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| Homebuilding | 1 | $35B |
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| Technology Manufacturing | 1 | $35B |
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Price history
-3.2% since first listed7 events — show timeline
- 2026-05-06 Price Changed $185,900 Beaches MLS
- 2026-05-05 Relisted — Beaches MLS
- 2026-04-30 Listing Removed — Beaches MLS
- 2026-03-06 Price Changed $188,180 Beaches MLS
- 2026-02-09 Price Changed $188,918 Beaches MLS
- 2026-01-18 Price Changed $189,786 Beaches MLS
- 2025-10-09 Listed $192,000 Beaches MLS
Property tax history
+12.6%/yrLatest (2025): $3,597 · +225.5% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…