113 Saratoga Blvd Blvd E · Royal Palm Beach, FL 33411

$495,000

3 bd · 2.0 ba · 1,629 sqft · SingleFamily public records · 30 Days on market

Built 1995 5,000 sqft lot Est $525k · 6% under $140/mo HOA · 4% of rent

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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 +10.0/15.0
• Appreciation +10.0/10.0
• Cash flow +7.4/30.0
• Schools +4.3/10.0
• Livability +4.0/5.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• 1% rule +1.5/10.0
• DSCR +1.5/10.0

Listing remarks

Welcome home to this well-maintained property, ideally located just steps from the community pool and tennis courts. If you're looking for easy Florida living with amenities close by, this one is worth a look. Inside, the home offers a bright and comfortable layout with split bedrooms, an eat-in kitchen, and living areas that feel open, practical, and easy to enjoy. Natural light comes through the home nicely, creating a warm and inviting feel without being overdone. The home has been cared for over the years, and the 10-year-old roof is a great added benefit for buyers looking for peace of mind. Whether you're relaxing at home, heading over to the pool, or enjoying the tennis courts nearby

Key facts

• 5,000 sq ft lot
• 2 garage spots
• Community pool

Property features AI

Finance

• Other: Pets allowed with breed restrictions; Community amenities: pool, tennis courts
• HOA & community: Saratoga Lakes HOA; HOA includes common areas; Quarterly HOA fee (specified)

Exterior

• Parking: Attached 2-car garage; Driveway parking (total 4 parking spaces); 2 covered parking spaces
• Utilities: Public water; Public sewer; Cable connected; Water connected; Sewer connected
• Home design: Single family residence; One story; Resale condition; Faces south
• Construction: Stucco and CBS construction; Shingle roof; Built on standard foundation
• Exterior features: Screened patio; Patio with glass-enclosed area; Fenced yard; Not waterfront; City street frontage

Interior

• Kitchen: Dishwasher; Electric range; Microwave; Refrigerator; Garbage disposal; Electric water heater
• Bedrooms: 3 bedrooms on the main level
• Flooring: Ceramic tile; Laminate; Tile; Wood
• Bathrooms: 2 full bathrooms on the main level
• Heating & cooling: Central heating; Central air conditioning; Ceiling fans
• Interior features: Entrance foyer; High ceilings with vaulted ceiling(s); Walk-in closets; Split bedroom layout; Roman tub
• Laundry & utility: Inside laundry in a laundry room

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $495k.

Deal economics

• At list price, monthly cash flow is $-638 ($-8k/yr) — negative.
• To cash-flow at today's rent, offer at most $382k (22.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $320k (35.4% below list).
• Recommended offer: $320k (35.4% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 79/100 on livability (#135 in FL, #2,039 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, health & safety A+; Watch: cost of living C-, amenities F, 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: H. L. Johnson Elementary School (math 70% / reading 69%, grade A-, #364 of 2,144 statewide, top 19%, 817 students, 40% FRL); Crestwood Community Middle (math 49% / reading 52%, grade C, #246 of 571 statewide, top 44%, 724 students, 50% FRL); Royal Palm Beach High School (math 22% / reading 38%, grade F, #441 of 667 statewide, top 67%, 2,343 students, 57% FRL) — zoned schools at 49% FRL track the district average.
• Market conditions: Rents flat; 583 active listings in the ZIP; 33 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 3,974 units permitted in Palm Beach County in 2024 (1,012 in 5+ unit buildings).
• This rent runs 41% of the median local income ($93k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $53k of equity ($3k loan paydown + $50k appreciation (10.0% local appreciation)).
• Palm Beach County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$85k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 30 days — a 2% lower offer ($488k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $319,774 (35.4% below list)

Questions for the listing agent

1. 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?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
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: 0.65% ✗
• Cap rate: 4.75%
• Cash-on-cash: -5.53%
• DSCR: 0.75
• GRM: 12.9

CMA / ARV

• ARV (on-the-fly): $524,538
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
146 Royal Pine Cir W	0.57mi	3/2.0	1,772 (+9%)	21mo	$570,000	$322	41

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 0.85% rent growth · sell at horizon

5-year hold

• IRR: 19.8%
• Equity multiple: 2.60×
• Total profit: $222,061
• Equity at exit: $445,935

10-year hold

• IRR: 17.8%
• Equity multiple: 5.86×
• Total profit: $673,110
• Equity at exit: $961,676

Cash invested: $138,600 (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 33411

• Home prices YoY: 1.9%
• Rents YoY: 0.8%
• Active inventory: 583
• Price-to-rent: 12.9×

Monthly cashflow live

• Estimated rent: $3,198 high
• Mortgage (P&I): −$2,596
• Tax from tax record: −$222 /mo · $2,668/yr
• Insurance: −$206
• HOA: −$140
• Vacancy / Maint / Mgmt: −$672
• Net cashflow: $-638

Break-even live

Break-even rent $4,006

Max offer price $382,260

Occupancy floor —

Sensitivity live

Price	-10% $-358	-5% $-498	+0% $-638	+5% $-778	+10% $-918
Rent	-10% $-891	-5% $-765	+0% $-638	+5% $-512	+10% $-386
Rate	-1.0pp $-389	-0.5pp $-512	base $-638	+0.5pp $-766	+1.0pp $-897

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: $123,750
• Closing costs: $14,850
• Reserves months: —
• Total cash needed: —

Rent comps 33 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
81 Westecunk Dr Royal Palm Beach, FL	2.0	2.0	1347	$2,550	$1.89	19d	1	0.48mi
190 Parkwood Dr Royal Palm Beach, FL	3.0	2.0	1644	$3,200	$1.95	26d	1	0.51mi
191 Parkwood Dr Royal Palm Beach, FL	3.0	3.0	2200	$4,000	$1.82	26d	1	0.55mi
147 Sunflower Cir Royal Palm Beach, FL	4.0	2.0	2000	$4,100	$2.05	4d	1	0.68mi
147 Sunflower Cir Royal Palm Beach, FL	4.0	2.0	2000	$4,300	$2.15	21d	1	0.68mi
100 Miramar Ave Royal Palm Beach, FL	3.0	2.0	1812	$3,600	$1.99	26d	1	0.71mi
36 Danbury Ct Unit B Royal Palm Beach, FL	2.0	2.5	1398	$2,300	$1.65	13d	1	0.84mi
43 Essex Ct Unit A Royal Palm Beach, FL	2.0	2.5	1398	$2,500	$1.79	26d	1	0.90mi
101 Fairway Ln Royal Palm Beach, FL	3.0	2.5	1684	$3,300	$1.96	24d	1	0.97mi
212 Trace Ct Royal Palm Beach, FL	3.0	2.0	1740	$3,050	$1.75	7d	1	1.00mi
180 Heatherwood Dr Royal Palm Beach, FL	3.0	2.0	1462	$2,710	$1.85	7d	1	1.01mi
113 Madrid St Royal Palm Beach, FL	4.0	3.0	1720	$4,500	$2.62	26d	1	1.05mi
113 Madrid St Royal Palm Beach, FL	3.0	3.0	1720	$4,500	$2.62	12d	1	1.05mi
147 Alcazar St Royal Palm Beach, FL	4.0	3.0	2182	$3,950	$1.81	7d	1	1.07mi
1605 Palm Beach Trace Dr Royal Palm Beach, FL	2.0	2.0	1201	$2,100	$1.75	14d	1	1.17mi
145 Prestige Dr Royal Palm Beach, FL	3.0	2.0	1464	$2,900	$1.98	18d	1	1.18mi
1803 Palm Beach Trace Dr Royal Palm Beach, FL	2.0	2.0	1201	$2,000	$1.67	20d	1	1.19mi
148 Ponce de Leon St Royal Palm Beach, FL	3.0	2.0	2022	$3,500	$1.73	26d	1	1.21mi
202 Lakeside Landing Dr Royal Palm Beach, FL	3.0	2.5	1532	$3,200	$2.09	6d	1	1.28mi
1222 Oakwater Dr Royal Palm Beach, FL	3.0	3.0	2109	$3,395	$1.61	26d	1	1.33mi
1222 Oakwater Dr Royal Palm Beach, FL	3.0	3.0	2109	$3,395	$1.61	16d	1	1.33mi
1104 Oakwater Dr Royal Palm Beach, FL	4.0	2.5	2003	$3,896	$1.95	24d	1	1.34mi
1104 Oakwater Dr Royal Palm Beach, FL	4.0	2.5	2003	$3,896	$1.95	26d	1	1.34mi
1407 Lakeview Dr E Royal Palm Beach, FL	2.0	2.0	1165	$2,300	$1.97	9d	1	1.35mi
13393 40th Ln N West Palm Beach, FL	4.0	2.0	2150	$3,700	$1.72	22d	1	1.35mi
1601 Lakeview Dr W Unit 1601 Royal Palm Beach, FL	3.0	2.5	1296	$2,375	$1.83	24d	1	1.37mi
240 Bilbao St Royal Palm Beach, FL	3.0	2.0	1440	$3,400	$2.36	26d	1	1.40mi
104 Oxford Ct Royal Palm Beach, FL	4.0	3.0	2133	$4,500	$2.11	26d	1	1.42mi
110 Weybridge Cir Unit A Royal Palm Beach, FL	2.0	2.5	1470	$2,350	$1.60	24d	1	1.44mi
111 Weybridge Cir Royal Palm Beach, FL	3.0	2.5	1710	$3,100	$1.81	7d	1	1.45mi
263 Deerfield Ct Royal Palm Beach, FL	2.0	2.0	1120	$1,800	$1.61	26d	1	1.46mi
132 Weybridge Cir Royal Palm Beach, FL	2.0	2.5	1470	$3,000	$2.04	26d	1	1.48mi
158 Cordoba Cir Royal Palm Beach, FL	3.0	2.0	1887	$3,850	$2.04	24d	1	1.49mi

HOA detail

• Monthly dues: $140 · $1,680/yr
• Likely covers: pool

Listing history 17 events

1. 2026-06-21
   days on market $495,000 Active 30 DOM
2. 2026-06-18
   days on market $495,000 Active 27 DOM
3. 2026-06-17
   days on market $495,000 Active 26 DOM
4. 2026-06-16
   days on market $495,000 Active 25 DOM
5. 2026-06-15
   days on market $495,000 Active 24 DOM
6. 2026-06-13
   days on market $495,000 Active 22 DOM
7. 2026-06-09
   days on market $495,000 Active 18 DOM
8. 2026-06-08
   days on market $495,000 Active 17 DOM
9. 2026-06-07
   days on market $495,000 Active 16 DOM
10. 2026-06-04
    days on market $495,000 Active 13 DOM
11. 2026-06-03
    days on market $495,000 Active 12 DOM
12. 2026-06-02
    days on market $495,000 Active 11 DOM
13. 2026-06-01
    days on market $495,000 Active 10 DOM
14. 2026-05-31
    days on market $495,000 Active 9 DOM
15. 2026-05-22
    listed $495,000 Active
16. 1995-01-11
    soldstatus $1,113,600
17. 1993-11-18
    soldstatus $4,323,000

ⓘ 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: $2,668 · $222/mo
• Projected year-2 tax: $4,108 · $342/mo
• Expected delta: +$1,441/yr (+$120/mo · 54.0%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 27 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: $38,373
• − Mortgage interest: −$27,728
• − Property taxes: −$2,668
• − Insurance: −$2,475
• − Repairs & maintenance: −$3,070
• − Management: −$3,070
• − HOA: −$1,680
• − Depreciation: −$14,400
• Taxable loss: −$16,717
• Est. tax savings @ 24.0%: +$4,012
• After-tax cash flow: $-3,646/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 — Royal Palm Beach

• Score: 79/100
• State rank: #135
• US rank: #2039

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Royal Palm Beach, FL
• County: Palm Beach County · 1,438,312 people
• City population: 75,299
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 76,863
• Household income: $92,591
• Rent vs Own: 20.5% rent · 79.5% own
• Severe rent burden: 1870.0

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 0.70)
• Race & ethnicity: White 44% Hispanic / Latino 24% Black 23% Two or more races 16% Asian 5%
• Hispanic origin (detail): Mexican 2% Puerto Rican 5% Cuban 4% Dominican 2%
• Common ancestry: Hispanic 6% Romanian 2% Italian 1%
• Foreign-born: 26% · Canada, Jamaica, China
• Languages at home: 73% English-only · Spanish 17% French/Haitian/Cajun 4% 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: ▲ 17.04%
• Current HPI: 903.78
• Rent YoY: ▲ 0.85%
• 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

-88.5% since first listed

3 events — show timeline

• 2026-05-22 Listed $495,000 Beaches MLS
• 1995-01-11 Sold (Public Records) $1,113,600 Public Records
• 1993-11-18 Sold (Public Records) $4,323,000 Public Records

Property tax history

+1.4%/yr

Latest (2025): $2,668 · +3.6% YoY. Source: county tax records.