5903 Parkwalk Dr #623 · Boynton Beach, 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 9/10 · Severe
- Hot days now (above 106°F)
- 4 days/yr
- Hot days in 30 yrs
- 15 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
- 2 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D+ 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).
- ARV discount +15.0/15.0
- 1% rule +6.5/10.0
- Schools +5.9/10.0
- Cash flow +5.7/30.0
- Appreciation +5.1/10.0
- Condition / age +3.8/5.0
- Livability +3.6/5.0
- Rent growth +2.5/5.0
- DSCR +0.1/10.0
$215,000
5903 Parkwalk Dr #623 · Boynton Beach, FL 33472
2 bd · 2.0 ba · 1,178 sqft · Condo
· 189 Days on market
Built 1984
$183/sqft
· 22% below area
Est $275k · 22% under
$901/mo HOA · 37% of rent
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
New Roof! No club membership required! Seller is Open to Offers! Move in ready No special assessments! Condo has a beautiful golf course view , soaring ceilings and a bright, open layout. Spacious living room, screened balcony has a great view. This 2-bedroom, 2-bath residence offers a desirable split floor plan ideal for privacy when hosting guests. The kitchen features a sunny eat-in breakfast area with large windows for natural light. A storage unit sits right next to the condo for added ease.
Key facts
- Screened balcony
- Split floor plan
- Three pools
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 $215k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-438 ($-5k/yr) — negative.
- To cash-flow at today's rent, offer at most $152k (29.5% below list).
- Meets the 1% rule at list price ($2k rent vs $215k).
- Recommended offer: $152k (29.5% below list) — sets the bar for cash-flow.
Location & tenants
- Location reads 72/100 on livability (#351 in FL) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety B+, cost of living B; Watch: amenities D+, crime D-, commute 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: Crystal Lakes Elementary School (math 55% / reading 64%, grade B-, #690 of 2,144 statewide, top 34%, 788 students, 37% FRL); Christa Mcauliffe Middle School (math 63% / reading 63%, grade B+, #111 of 571 statewide, top 20%, 1,387 students, 35% FRL); Park Vista Community High School (math 43% / reading 64%, grade C-, #146 of 667 statewide, top 22%, 3,191 students, 28% FRL) — zoned schools average 34% FRL vs 52% district-wide (18 pts lower); this property's tenant base skews higher-income than the district average.
- Market conditions: 228 active listings in the ZIP; 39 comparable units currently listed for rent nearby; rentals lingering (median 68d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 74% 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).
- This rent runs 30% of the median local income ($98k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- In year one you build about $2k of equity ($1k loan paydown + $426 appreciation (0.2% local appreciation)).
- 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 189 days — a 12% lower offer ($189k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Watch-outs: HOA is 37% of rent.
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 4→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer
$151,627
(29.5% below list)
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 189 days. Have you received any prior offers? Is the seller open to a 29% concession, seller financing, or rate buy-down credit?
- 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.
- Crime grade is D 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?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- 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
- 1.15% ✓
- Cap rate
- 3.85%
- Cash-on-cash
- -8.73%
- DSCR
- 0.61
- GRM
- 7.3
CMA / ARV
- ARV (median comp)
- $274,968
- List price
- $215,000
- Delta
- -21.81%
- 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 |
|---|---|---|---|---|---|---|---|
| 5947 Parkwalk Dr | 0.08mi | 2/2.0 | 1,178 (0%) | 0mo | $125,000 | $106 | 96 |
| 6043 Parkwalk Dr | 0.07mi | 2/2.0 | 1,335 (+13%) | 1mo | $155,000 | $116 | 74 |
| 5819 Parkwalk Dr | 0.09mi | 2/2.0 | 1,335 (+13%) | 1mo | $144,000 | $108 | 72 |
| 5710 Parkwalk Cir E | 0.35mi | 2/2.0 | 1,262 (+7%) | 1mo | $285,000 | $226 | 70 |
| 59010 Captiva Bay | 1.25mi | 2/2.0 | 1,188 (+1%) | 1mo | $215,000 | $181 | 63 |
| 5052 Arbor Glen Cir | 0.78mi | 2/2.0 | 1,170 (-1%) | 1mo | $369,000 | $315 | 63 |
| 5108 Arbor Glen Cir | 0.69mi | 3/2.0 (+1) | 1,232 (+5%) | 1mo | $453,700 | $368 | 55 |
| 8654 Indian River Run S | 0.66mi | 3/2.0 (+1) | 1,116 (-5%) | 2mo | $420,000 | $376 | 54 |
| 5053 N Saint John Ave Ave N | 0.85mi | 3/1.0 (+1) | 1,142 (-3%) | 1mo | $425,000 | $372 | 50 |
| 8213 Rose Marie Ave W | 0.47mi | 3/2.0 (+1) | 1,410 (+20%) | 1mo | $435,000 | $309 | 47 |
| 9145 Chrysanthemum Dr | 1.30mi | 2/2.0 | 960 (-18%) | 1mo | $382,000 | $398 | 39 |
| 6898 Silverado Ter | 1.26mi | 3/2.0 (+1) | 1,336 (+13%) | 1mo | $440,000 | $329 | 36 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
0.2% appreciation · 3.0% rent growth · sell at horizon
5-year hold
- IRR
- -11.1%
- Equity multiple
- 0.48×
- Total profit
- $-31,582
- Equity at exit
- $64,567
10-year hold
- IRR
- -4.6%
- Equity multiple
- 0.49×
- Total profit
- $-30,523
- Equity at exit
- $79,340
Cash invested: $60,200 (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
- 3 active · 2 under contract
- Median asking
- $285,000 ($213/sqft)
- Median days on market
- 75 d
- This list price
- 33% of active listings are priced below it
- ARV vs active asking
- +9.3% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 33472
- Home prices YoY
- 0.1%
- Active inventory
- 228
- Price-to-rent
- 7.3×
Monthly cashflow live
↻
- Estimated rent
- $2,467 high interval (Pro) →
- Mortgage (P&I)
- −$1,127
- Tax est. 1.5%
- −$269 /mo · $3,225/yr
- Insurance
- −$90
- HOA
- −$901
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$518
- Net cashflow
- $-438
Break-even live
Break-even rent
$3,021
Max offer price
$151,627
Occupancy floor
—
Sensitivity live
| Price | -10% $-289 | -5% $-364 | +0% $-438 | +5% $-512 | +10% $-587 |
|---|---|---|---|---|---|
| Rent | -10% $-633 | -5% $-535 | +0% $-438 | +5% $-341 | +10% $-243 |
| Rate | -1.0pp $-330 | -0.5pp $-383 | base $-438 | +0.5pp $-494 | +1.0pp $-550 |
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
- $53,750
- Closing costs
- $6,450
- 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 39 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 5945 Parkwalk Dr Boynton Beach, FL | 2.0 | 2.0 | 1178 | $2,200 | $1.87 | 68d | 1 | 0.12mi |
| 5537 Pebble Brook Ln Boynton Beach, FL | 3.0 | 2.0 | 1166 | $2,825 | $2.42 | 111d | 1 | 0.59mi |
| 7826 Sienna Springs Dr Lake Worth, FL | 3.0 | 2.5 | 1428 | $3,300 | $2.31 | 82d | 1 | 0.60mi |
| 7896 Sonoma Springs Cir #101 Lake Worth, FL | 1.0 | 1.0 | 729 | $1,825 | $2.50 | 89d | 1 | 0.62mi |
| 7896 Sonoma Springs Cir #101 Lake Worth, FL | 1.0 | 1.0 | 729 | $1,799 | $2.47 | 55d | 1 | 0.62mi |
| 7888 Sonoma Springs Cir #105 Lake Worth, FL | 2.0 | 2.0 | 1105 | $2,200 | $1.99 | 120d | 1 | 0.63mi |
| 7888 Sonoma Springs Cir #108 Lake Worth, FL | 3.0 | 2.0 | 1227 | $2,500 | $2.04 | 6d | 1 | 0.63mi |
| 7808 Sonoma Springs Cir #304 Lake Worth, FL | 2.0 | 2.0 | 1105 | $2,300 | $2.08 | 12d | 1 | 0.65mi |
| 7808 Sonoma Springs Cir #107 Lake Worth, FL | 1.0 | 1.0 | 729 | $1,825 | $2.50 | 98d | 1 | 0.65mi |
| 7808 Sonoma Springs Cir #203 Lake Worth, FL | 2.0 | 2.0 | 1105 | $2,475 | $2.24 | 68d | 1 | 0.65mi |
| 7808 Sonoma Springs Cir Lake Worth, FL | 1.0 | 1.0 | 729 | $1,812 | $2.49 | 106d | 2 | 0.66mi |
| 7880 Sonoma Springs Cir #106 Lake Worth, FL | 2.0 | 2.0 | 1105 | $2,100 | $1.90 | 47d | 1 | 0.66mi |
| 8095 Saint John Ave W Boynton Beach, FL | 3.0 | 2.0 | 1132 | $2,750 | $2.43 | 68d | 1 | 0.68mi |
| 8095 Saint John Ave W Boynton Beach, FL | 3.0 | 2.0 | 1132 | $2,750 | $2.43 | 19d | 1 | 0.68mi |
| 7816 Sonoma Springs Cir #207 Lake Worth, FL | 1.0 | 1.0 | 729 | $1,800 | $2.47 | 118d | 1 | 0.68mi |
| 7816 Sonoma Springs Cir #207 Lake Worth, FL | 1.0 | 1.0 | 729 | $1,800 | $2.47 | 97d | 1 | 0.68mi |
| 7856 Sonoma Springs Cir #205 Lake Worth, FL | 2.0 | 2.0 | 1105 | $2,100 | $1.90 | 95d | 1 | 0.68mi |
| 7872 Sonoma Springs Cir #102 Lake Worth, FL | 1.0 | 1.0 | 729 | $1,900 | $2.61 | 98d | 1 | 0.68mi |
| 7872 Sonoma Springs Cir #103 Lake Worth, FL | 3.0 | 2.0 | 1276 | $2,500 | $1.96 | 36d | 1 | 0.68mi |
| 7872 Sonoma Springs Cir Lake Worth, FL | 1.0–3.0 | 1.0–2.0 | 1002 | $2,200 | $2.19 | 37d | 2 | 0.68mi |
| 5072 Arbor Glen Cir Lake Worth, FL | 3.0 | 2.0 | 1232 | $3,400 | $2.76 | 77d | 1 | 0.70mi |
| 5072 Arbor Glen Cir Lake Worth, FL | 3.0 | 2.0 | 1232 | $3,300 | $2.68 | 111d | 1 | 0.70mi |
| 7824 Sonoma Springs Cir #101 Lake Worth, FL | 1.0 | 1.0 | 729 | $1,800 | $2.47 | 20d | 1 | 0.70mi |
| 5421 Helene Cir Boynton Beach, FL | 3.0 | 2.0 | 1450 | $3,200 | $2.21 | 20d | 1 | 0.72mi |
| 5421 Helene Cir Boynton Beach, FL | 3.0 | 2.0 | 1450 | $3,250 | $2.24 | 8d | 1 | 0.72mi |
| 5421 Helene Cir Boynton Beach, FL | 3.0 | 2.0 | 1450 | $3,250 | $2.24 | 85d | 1 | 0.72mi |
| 7840 Sonoma Springs Cir #204 Lake Worth, FL | 2.0 | 2.0 | 1105 | $2,100 | $1.90 | 85d | 1 | 0.73mi |
| 7840 Sonoma Springs Cir #103 Lake Worth, FL | 2.0 | 2.0 | 1105 | $2,200 | $1.99 | 120d | 1 | 0.73mi |
| 7832 Sonoma Springs Cir #201 Lake Worth, FL | 3.0 | 2.0 | 1276 | $2,700 | $2.12 | 77d | 1 | 0.75mi |
| 6581 Marissa Cir Lake Worth, FL | 3.0 | 2.0 | 1414 | $3,300 | $2.33 | 114d | 1 | 0.75mi |
| 7958 Piper Ln Lake Worth, FL | 3.0 | 2.0 | 1153 | $2,800 | $2.43 | 90d | 1 | 0.78mi |
| 6616 Marissa Cir Lake Worth, FL | 2.0 | 2.0 | 1293 | $2,500 | $1.93 | 24d | 1 | 0.80mi |
| 7085 Merganser Ct Lake Worth, FL | 2.0–3.0 | 2.0 | 1213 | $2,000 | $1.65 | 20d | 5 | 0.89mi |
| 7723 Haverhill Road Ext Lake Worth, FL | 3.0 | 2.0 | 1367 | $3,600 | $2.63 | 32d | 1 | 0.93mi |
| 8073 Aberdeen Dr Boynton Beach, FL | 2.0 | 2.0 | 1450 | $2,700 | $1.86 | 51d | 1 | 0.96mi |
| 8049 Aberdeen Dr #202 Boynton Beach, FL | 2.0 | 2.0 | 1054 | $2,200 | $2.09 | 20d | 1 | 0.97mi |
| 6892 Mill Brook Pl Lake Worth, FL | 3.0 | 2.5 | 1308 | $2,650 | $2.03 | 12d | 1 | 1.42mi |
| 6856 Mill Brook Pl Lake Worth, FL | 3.0 | 2.5 | 1308 | $2,750 | $2.10 | 55d | 1 | 1.44mi |
| 5373 Mirror Lakes Blvd Boynton Beach, FL | 3.0 | 2.0 | 1310 | $2,100 | $1.60 | 120d | 1 | 1.47mi |
Property features AI
Finance
- Other
- Community is a senior community144 units in the community
- Financial info
- No land leasePets allowed (with number and size limits)
- HOA & community
- Association: Aberdeen East/The CovesMonthly HOA feeAssociation amenities: Billiard room, Clubhouse, Fitness center, Game room, Management, Parking, Pool, Tennis courts, On-site manager, Community room, Heated pool, Kitchen facilities, Library, Maintained community, Pickleball courts, Sidewalks, Street lights, Security, Maintenance, Recreation facilitiesHOA fee includes: Cable, Insurance, Internet, Grounds maintenance, Structure maintenance, Pest control, Security, Sewer, Trash, Water, Common areas, Common real estate tax, Hot water, Legal/accounting, Reserve funds, Roof repairs, Recreation facility, Pool service
Exterior
- Parking
- Assigned parkingGuest parking1 open parking space (total 1)
- Security
- Smoke detectorsSecurity patrol
- Utilities
- Public waterPublic sewerCable availableElectricity availableNatural gas availablePhone availableUnderground utilitiesWater connected
- Home design
- CondominiumOne levelEntry on level 2Faces south
- Construction
- Block construction with stuccoTile roofSlab foundationBuilt as part of a multi-story building (building #6, 2 stories total)
- Exterior features
- Private road frontageAsphalt road surfacePrivate maintained roadPrivate in-ground heated pool with spa and lap area (equipment included)Pool has electric heat and is heated
Interior
- Kitchen
- DisposalDishwasherElectric rangeMicrowaveRefrigerator
- Bedrooms
- 2 bedrooms (main level)
- Flooring
- CarpetTile
- Bathrooms
- 2 full bathrooms (main level)
- Heating & cooling
- Central electric heatingCentral air conditioningCeiling fans
- Interior features
- Cathedral ceilingsHigh ceilingsVaulted ceilingsSplit bedroom layoutSingle-hung metal windowsNegotiable furnished status
- Laundry & utility
- Laundry closetWasher hookup (in kitchen)Electric dryer hookupInside laundry
HOA detail $901/mo · $10,812/yr condo
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-09-18days on market $215,000 Active 189 DOM
-
2026-09-17days on market $215,000 Active 188 DOM
-
2026-09-16days on market $215,000 Active 187 DOM
-
2026-09-15days on market $215,000 Active 186 DOM
-
2026-09-13days on market $215,000 Active 184 DOM
-
2026-09-12days on market $215,000 Active 183 DOM
-
2026-09-11days on market $215,000 Active 182 DOM
-
2026-09-05days on market $215,000 Active 176 DOM
-
2026-09-04days on market $215,000 Active 175 DOM
-
2026-09-03days on market $215,000 Active 174 DOM
-
2026-08-31days on market $215,000 Active 171 DOM
-
2026-08-29days on market $215,000 Active 169 DOM
-
2026-08-28days on market $215,000 Active 168 DOM
-
2026-08-25days on market $215,000 Active 165 DOM
-
2026-08-24days on market $215,000 Active 164 DOM
-
2026-08-23days on market $215,000 Active 163 DOM
-
2026-08-22days on market $215,000 Active 162 DOM
-
2026-08-21days on market $215,000 Active 161 DOM
-
2026-08-20days on market $215,000 Active 160 DOM
-
2026-08-19days on market $215,000 Active 159 DOM
-
2026-08-18days on market $215,000 Active 158 DOM
-
2026-08-17days on market $215,000 Active 157 DOM
-
2026-08-16days on market $215,000 Active 156 DOM
-
2026-08-15days on market $215,000 Active 155 DOM
-
2026-08-14days on market $215,000 Active 154 DOM
-
2026-08-13days on market $215,000 Active 153 DOM
-
2026-08-12days on market $215,000 Active 152 DOM
-
2026-08-11days on market $215,000 Active 151 DOM
-
2026-08-10days on market $215,000 Active 150 DOM
-
2026-08-09days on market $215,000 Active 149 DOM
-
2026-08-08days on market $215,000 Active 148 DOM
-
2026-08-06days on market $215,000 Active 146 DOM
-
2026-08-05days on market $215,000 Active 145 DOM
-
2026-08-03days on market $215,000 Active 143 DOM
-
2026-07-31days on market $215,000 Active 140 DOM
-
2026-07-24days on market $215,000 Active 133 DOM
-
2026-07-23days on market $215,000 Active 132 DOM
-
2026-07-22days on market $215,000 Active 131 DOM
-
2026-07-21days on market $215,000 Active 130 DOM
-
2026-07-20days on market $215,000 Active 129 DOM
-
2026-07-18days on market $215,000 Active 127 DOM
-
2026-07-16days on market $215,000 Active 125 DOM
-
2026-07-15days on market $215,000 Active 124 DOM
-
2026-07-14days on market $215,000 Active 123 DOM
-
2026-07-13days on market $215,000 Active 122 DOM
-
2026-07-13days on market $215,000 Active 121 DOM
-
2026-07-12days on market $215,000 Active 120 DOM
-
2026-07-10days on market $215,000 Active 119 DOM
-
2026-07-09days on market $215,000 Active 118 DOM
-
2026-07-07days on market $215,000 Active 116 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 9/10 Extreme 4 d/yr ≥106°F today · 15 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 · 2 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
- $29,603
- − Mortgage interest
- −$12,043
- − Property taxes
- −$3,225
- − Insurance
- −$1,075
- − Repairs & maintenance
- −$2,368
- − Management
- −$2,368
- − HOA
- −$10,812
- − Depreciation
- −$6,255
- Taxable loss
- −$8,543
combined federal + state — saved on this device
- Est. tax savings @ 24.0%
- +$2,050
- After-tax cash flow
- $-3,205/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 · 13 photos
75/100
Cosmetic rehab
Est. rehab $5,890–$17,670 screening
This second-floor townhouse is in good condition with a fresh exterior and clean interior. Painting the exterior and deep cleaning the carpets would significantly enhance its curb appeal and value.
Value-add opportunities
- Both Paint exterior — Enhances curb appeal and value ↑
- Both Deep clean carpets — Improves comfort and aesthetics ↑
ⓘ 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.
D
Composite school gradezoned avg 59/100
Zoned Schools
Elementary
Crystal Lakes Elementary School
B-
FL #690/2,144
Nat'l #7,252/41,679
Middle
Christa Mcauliffe Middle School
B+
FL #111/571
Nat'l #1,453/14,009
High
Park Vista Community High School
C-
FL #146/667
Nat'l #4,818/17,239
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
B
Composite livability gradescore 72/100
Livability — Boynton Beach
- Score
- 72/100
- State rank
- #351
- US rank
- #6098
Category grades
Amenities D+
Commute F
Cost of living B
Crime D-
Employment C
Housing A+
Health & safety B+
User ratings A
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Palm Beach · 1,637,487 people
- City population
- 148,060
- Metro
- Miami-Fort Lauderdale-West Palm Beach, FL
- Population (ZIP)
- 18,689
- Household income
- $98,289
- Rent vs Own
- Severe rent burden
- 9% 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
- Diverse neighborhood (Simpson 0.56)
- Race & ethnicity
- White 63% Hispanic / Latino 18% Two or more races 14% Black 10% Asian 4%
- Hispanic origin (detail)
- Mexican 2% Puerto Rican 2% Cuban 7%
- Common ancestry
- Romanian 5% Scotch-Irish 4% Hispanic 3%
- Foreign-born
- 24% · Canada, China, Jamaica
- Languages at home
- 77% English-only · Spanish 11% Other Indo-European 4% French/Haitian/Cajun 3%
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
- ▲ 0.20%
- Current HPI
- 268.1142
- Rent YoY
- —
- Metro
- —
- 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
1 event — show timeline
- 2026-03-14 Listed $220,000 Beaches MLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…