166 Lake Meryl Dr #166 · West Palm Beach, FL 33411

$170,000

2 bd · 2.0 ba · 1,061 sqft · SingleFamily · 158 Days on market

Built 1981 $772/mo HOA · 40% 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).

• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• 1% rule +6.3/10.0
• Cash flow +4.7/30.0
• Schools +4.3/10.0
• Livability +4.1/5.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• DSCR +0.0/10.0

Listing remarks MLS

SPACIOUS 2 BEDRM,2 BATH VILLA W/FORMAL DINING RM. LT & BRIGHT, WITH WATER VIEW FRONT & BACK! 2 VILLA'S AWAY FROM LAKE MERYL POOL ! GLASS ENCLOSED PATIO WITH FANTASTIC VIEW. NEWER APPLS, WASHER & DRYER INCLUDED. CLEAN & NEAT! LOTS TO LOVE IN THIS ONE! KITCHEN HAS A LARGE DOUBLE WINDOW WITH GORGEOUS WATER VIEW, CABINETS HAVE PULL OUT DRAWERS & TILED BACKSPLASH, LOTS OF COUNTER SPACE & PASS THRU TO DINING RM. SPLIT FLOOR PLAN GREAT FOR PRIVACY WHEN HAVING GUESTS. LOCATED IN THIS NICE GATED & SECURE COMMUNITY! LOTS OF AMENITIES! THERE ARE 2 CLUBHOUSES WITH POOLS, JACUZZI HOT TUBS, EXERCISE FACILITIES,CAFE'S FOR BREAKFAST & LUNCH. ACTIVITIES GALORE, CARDS, TRIPS, BILLIARDS, TENNIS, BOCCI BALL, SHUFFLEBOARD, SHOWS! TWO ACTIVITY DIRECTORS TO KEEP YOU BUSY & H... (see supplement for full remarks SPACIOUS 2 BEDRM,2 BATH VILLA W/FORMAL DINING RM. LT & BRIGHT, WITH WATER VIEW FRONT & BACK! 2 VILLA'S AWAY FROM LAKE MERYL POOL ! GLASS ENCLOSED PATIO WITH FANTASTIC VIEW. NEWER APPLS, WASHER & DRYER INCLUDED. CLEAN & NEAT! LOTS TO LOVE IN THIS ONE! KITCHEN HAS A LARGE DOUBLE WINDOW WITH GORGEOUS WATER VIEW, CABINETS HAVE PULL OUT DRAWERS & TILED BACKSPLASH, LOTS OF COUNTER SPACE & PASS THRU TO DINING RM. SPLIT FLOOR PLAN GREAT FOR PRIVACY WHEN HAVING GUESTS. LOCATED IN THIS NICE GATED & SECURE COMMUNITY! LOTS OF AMENITIES! THERE ARE 2 CLUBHOUSES WITH POOLS, JACUZZI HOT TUBS, EXERCISE FACILITIES,CAFE'S FOR BREAKFAST & LUNCH. ACTIVITIES GALORE, CARDS, TRIPS, BILLIARDS, TENNIS, BOCCI BALL, SHUFFLEBOARD, SHOWS! TWO ACTIVITY DIRECTORS TO KEEP YOU BUSY & HAVING FUN! LOCATED CLOSE TO SHOPPING, RESTAURANTS & TURNPIKE, AIRPORT & OCEAN A SHORT DRIVE AWAY ALSO! PARADISE AWAITS!!

Key facts

• Glass enclosed patio
• Hurricane shutters
• Club house

Tags

• WATER VIEW
• GLASS ENCLOSED PATIO
• HURRICANE SHUTTERS
• GUARD GATED COMMUNITY
• CLUB HOUSE
• CAFE FOR BREAKFAST

Property features AI

Finance

• HOA & community: Association with monthly fee; HOA covers cable TV, insurance, grounds maintenance, pest control, security, trash, water and common areas; Community amenities include clubhouse, fitness center, pool, spa/hot tub, sauna, tennis courts, shuffleboard, billiard room, game room, library, cabana, picnic area, jogging path, sidewalks, courtesy bus and community room; Pets allowed (pet restrictions possible); Senior community; Community of 1,888 units

Exterior

• Parking: Assigned parking
• Security: Gated community (with and without guard present); Security guard; Security patrol; Smoke detectors
• Utilities: Public water; Public sewer (sewer available); Septic tank; Cable available
• Home design: Villa; Single-story; Entry level living area; North-facing
• Construction: Built with concrete block (CBS); Mixed roof
• Exterior features: Covered patio; Screened patio; Patio; Porch; Glass-enclosed porch; Sidewalks; Paved road frontage; Waterfront

Interior

• Kitchen: Disposal; Dishwasher; Electric range; Microwave; Refrigerator; Electric water heater
• Bedrooms: 2 bedrooms on the main level
• Flooring: Carpet; Ceramic tile
• Bathrooms: 2 full bathrooms on the main level
• Heating & cooling: Central heating; Central air
• Interior features: Walk-in closets; Split bedroom layout; Unfurnished
• Laundry & utility: Washer hookup; Dryer hookup

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $170k.

Deal economics

• At list price, monthly cash flow is $-426 ($-5k/yr) — negative.
• To cash-flow at today's rent, offer at most $108k (36.2% below list).
• Meets the 1% rule at list price ($2k rent vs $170k).
• Recommended offer: $108k (36.2% below list) — sets the bar for cash-flow.

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.
• Zoned schools: Benoist Farms Elementary School (math 22% / reading 28%, grade F, #2,030 of 2,144 statewide, top 95%, 421 students, 80% FRL); Jeaga Middle School (math 18% / reading 30%, grade F, #532 of 571 statewide, top 94%, 941 students, 78% 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 average 72% FRL vs 52% district-wide (20 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 26% at this address vs 50% district-wide (-23 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 flat; 583 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 19d 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).

Forward outlook

• In year one you build about $18k of equity ($1k loan paydown + $17k 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 3, paydown + projected appreciation supports a ~$46k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 158 days — a 12% lower offer ($150k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 14y ago; this cycle's ask has dropped $20k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $60k; list at $170k implies a 183% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: HOA is 40% of rent.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $108,394 (36.2% 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. It's been on market 158 days. Have you received any prior offers? Is the seller open to a 36% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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.
9. 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.
10. 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: 1.13% ✓
• Cap rate: 3.29%
• Cash-on-cash: -10.73%
• DSCR: 0.52
• GRM: 7.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: 15.9%
• Equity multiple: 2.30×
• Total profit: $61,896
• Equity at exit: $153,149

10-year hold

• IRR: 14.8%
• Equity multiple: 5.14×
• Total profit: $197,030
• Equity at exit: $330,273

Cash invested: $47,600 (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: 7.4×

Monthly cashflow live

• Estimated rent: $1,925 high
• Mortgage (P&I): −$891
• Tax est. 1.5%: −$212 /mo · $2,550/yr
• Insurance: −$71
• HOA: −$772
• Vacancy / Maint / Mgmt: −$404
• Net cashflow: $-426

Break-even live

Break-even rent $2,464

Max offer price $108,394

Occupancy floor —

Sensitivity live

Price	-10% $-308	-5% $-367	+0% $-426	+5% $-484	+10% $-543
Rent	-10% $-578	-5% $-502	+0% $-426	+5% $-350	+10% $-274
Rate	-1.0pp $-340	-0.5pp $-383	base $-426	+0.5pp $-470	+1.0pp $-515

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: $42,500
• Closing costs: $5,100
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
221 Lake Meryl Dr West Palm Beach, FL	2.0	2.0	1000	$1,550	$1.55	26d	1	0.08mi
108 Lake Nancy Dr West Palm Beach, FL	2.0	2.0	967	$1,600	$1.65	0d	1	0.20mi
1133 Golden Lakes Blvd #813 West Palm Beach, FL	3.0	2.0	999	$2,050	$2.05	4d	1	0.25mi
1133 Golden Lakes Blvd #813 West Palm Beach, FL	3.0	2.0	1054	$2,000	$1.90	1d	1	0.25mi
1133 Golden Lakes Blvd #813 West Palm Beach, FL	3.0	2.0	999	$2,050	$2.05	26d	1	0.25mi
125 Lake Nancy Dr #241 West Palm Beach, FL	2.0	2.0	1193	$1,900	$1.59	12d	1	0.27mi
1103 Golden Lakes Blvd #1011 West Palm Beach, FL	3.0	2.0	999	$2,100	$2.10	26d	1	0.28mi
1103 Golden Lakes Blvd #1013 West Palm Beach, FL	3.0	2.0	999	$2,000	$2.00	4d	1	0.28mi
138 Lake Frances Dr West Palm Beach, FL	2.0	2.0	812	$1,845	$2.27	26d	1	0.32mi
161 Lake Frances Dr Unit 161 West Palm Beach, FL	1.0	1.5	704	$1,430	$2.03	9d	1	0.36mi
1063 Golden Lakes Blvd #322 West Palm Beach, FL	3.0	2.0	999	$2,000	$2.00	15d	1	0.36mi
1139 Lake Terry Dr Unit A West Palm Beach, FL	3.0	2.0	918	$2,300	$2.51	22d	1	0.38mi
1477 Lake Crystal Dr Unit D West Palm Beach, FL	2.0	2.0	928	$1,975	$2.13	18d	1	0.47mi
1020 Lake Victoria Dr Unit B West Palm Beach, FL	3.0	2.0	922	$2,200	$2.39	19d	1	0.47mi
959 Lake Terry Dr West Palm Beach, FL	3.0	2.0	900	$2,000	$2.22	26d	1	0.47mi
1153 Lake Victoria Dr Royal Palm Beach, FL	2.0	1.0	708	$1,725	$2.44	26d	1	0.48mi
230 Lake Dora Dr #230 West Palm Beach, FL	2.0	2.0	888	$1,700	$1.91	9d	1	0.48mi
1465 Lake Crystal Dr Unit A West Palm Beach, FL	2.0	2.0	904	$1,900	$2.10	3d	1	0.51mi
1525 Lake Crystal Dr Unit C West Palm Beach, FL	2.0	2.0	904	$1,800	$1.99	9d	1	0.52mi
1542 Lake Crystal Dr Unit H West Palm Beach, FL	2.0	2.0	900	$1,900	$2.11	26d	1	0.52mi
1542 Lake Crystal Dr Unit H West Palm Beach, FL	2.0	2.0	900	$1,900	$2.11	23d	1	0.52mi
1545 Lake Crystal Dr Unit D West Palm Beach, FL	1.0	1.0	700	$1,675	$2.39	15d	1	0.54mi
1455 Lake Crystal Dr Unit H West Palm Beach, FL	2.0	2.0	904	$1,850	$2.05	15d	1	0.55mi
1455 Lake Crystal Dr Unit H West Palm Beach, FL	2.0	2.0	904	$1,850	$2.05	16d	1	0.55mi
1547 Lake Crystal Dr Unit A West Palm Beach, FL	2.0	2.0	900	$1,950	$2.17	26d	1	0.56mi
1547 Lake Crystal Dr Unit A West Palm Beach, FL	2.0	2.0	900	$1,900	$2.11	15d	1	0.56mi
1440 Lake Crystal Dr Unit B West Palm Beach, FL	2.0	2.0	904	$1,900	$2.10	1d	1	0.56mi
1453 Lake Crystal Dr Unit D West Palm Beach, FL	2.0	2.0	904	$1,900	$2.10	15d	1	0.56mi
1564 Lake Crystal Dr Unit F West Palm Beach, FL	2.0	2.0	904	$1,850	$2.05	18d	1	0.57mi
1566 Lake Crystal Dr West Palm Beach, FL	2.0	2.0	1200	$1,800	$1.50	20d	1	0.58mi
1566 Lake Crystal Dr West Palm Beach, FL	2.0	2.0	1200	$1,800	$1.50	26d	1	0.58mi
1215 N Benoist Farms Rd #203 West Palm Beach, FL	2.0	1.0	708	$1,750	$2.47	26d	1	0.60mi
1080 N Benoist Farms Rd #204 West Palm Beach, FL	2.0	1.0	708	$1,500	$2.12	1d	1	0.61mi
1080 N Benoist Farms Rd #204 West Palm Beach, FL	2.0	1.0	708	$1,500	$2.12	18d	1	0.61mi
1440 Windorah Way Unit D West Palm Beach, FL	2.0	2.0	904	$1,900	$2.10	5d	1	0.61mi
155 Lake Carol Dr Unit 155 West Palm Beach, FL	2.0	2.0	812	$1,950	$2.40	26d	1	0.61mi
1500 Windorah Way Unit D West Palm Beach, FL	2.0	2.0	904	$1,850	$2.05	9d	1	0.61mi
1500 Windorah Way Unit D West Palm Beach, FL	2.0	2.0	904	$1,850	$2.05	26d	1	0.61mi
1101 N Benoist Farms Rd #106 West Palm Beach, FL	2.0	1.0	708	$1,700	$2.40	26d	1	0.62mi
1068 N Benoist Farms Rd #205 West Palm Beach, FL	2.0	1.0	708	$1,800	$2.54	26d	1	0.63mi

HOA detail

• Monthly dues: $772 · $9,264/yr
• Likely covers: waterpoolsecurity

Listing history 17 events

1. 2026-06-21
   days on market $170,000 Active 158 DOM
2. 2026-06-18
   days on market $170,000 Active 155 DOM
3. 2026-06-17
   days on market $170,000 Active 154 DOM
4. 2026-06-16
   days on market $170,000 Active 153 DOM
5. 2026-06-15
   days on market $170,000 Active 152 DOM
6. 2026-06-13
   days on market $170,000 Active 150 DOM
7. 2026-06-09
   days on market $170,000 Active 146 DOM
8. 2026-06-07
   days on market $170,000 Active 144 DOM
9. 2026-06-04
   days on market $170,000 Active 141 DOM
10. 2026-06-03
    days on market $170,000 Active 140 DOM
11. 2026-06-01
    days on market $170,000 Active 138 DOM
12. 2026-05-31
    days on market $170,000 Active 137 DOM
13. 2026-03-30
    price $170,000
14. 2026-01-13
    listed $190,000 Active
15. 2012-12-03
    soldstatus $60,000 1761-char remark

    Show marketing remark (1761 chars)

    SPACIOUS 2 BEDRM,2 BATH VILLA W/FORMAL DINING RM. LT & BRIGHT, WITH WATER VIEW FRONT & BACK! 2 VILLA'S AWAY FROM LAKE MERYL POOL ! GLASS ENCLOSED PATIO WITH FANTASTIC VIEW. NEWER APPLS, WASHER & DRYER INCLUDED. CLEAN & NEAT! LOTS TO LOVE IN THIS ONE! KITCHEN HAS A LARGE DOUBLE WINDOW WITH GORGEOUS WATER VIEW, CABINETS HAVE PULL OUT DRAWERS & TILED BACKSPLASH, LOTS OF COUNTER SPACE & PASS THRU TO DINING RM. SPLIT FLOOR PLAN GREAT FOR PRIVACY WHEN HAVING GUESTS. LOCATED IN THIS NICE GATED & SECURE COMMUNITY! LOTS OF AMENITIES! THERE ARE 2 CLUBHOUSES WITH POOLS, JACUZZI HOT TUBS, EXERCISE FACILITIES,CAFE'S FOR BREAKFAST & LUNCH. ACTIVITIES GALORE, CARDS, TRIPS, BILLIARDS, TENNIS, BOCCI BALL, SHUFFLEBOARD, SHOWS! TWO ACTIVITY DIRECTORS TO KEEP YOU BUSY & H... (see supplement for full remarks SPACIOUS 2 BEDRM,2 BATH VILLA W/FORMAL DINING RM. LT & BRIGHT, WITH WATER VIEW FRONT & BACK! 2 VILLA'S AWAY FROM LAKE MERYL POOL ! GLASS ENCLOSED PATIO WITH FANTASTIC VIEW. NEWER APPLS, WASHER & DRYER INCLUDED. CLEAN & NEAT! LOTS TO LOVE IN THIS ONE! KITCHEN HAS A LARGE DOUBLE WINDOW WITH GORGEOUS WATER VIEW, CABINETS HAVE PULL OUT DRAWERS & TILED BACKSPLASH, LOTS OF COUNTER SPACE & PASS THRU TO DINING RM. SPLIT FLOOR PLAN GREAT FOR PRIVACY WHEN HAVING GUESTS. LOCATED IN THIS NICE GATED & SECURE COMMUNITY! LOTS OF AMENITIES! THERE ARE 2 CLUBHOUSES WITH POOLS, JACUZZI HOT TUBS, EXERCISE FACILITIES,CAFE'S FOR BREAKFAST & LUNCH. ACTIVITIES GALORE, CARDS, TRIPS, BILLIARDS, TENNIS, BOCCI BALL, SHUFFLEBOARD, SHOWS! TWO ACTIVITY DIRECTORS TO KEEP YOU BUSY & HAVING FUN! LOCATED CLOSE TO SHOPPING, RESTAURANTS & TURNPIKE, AIRPORT & OCEAN A SHORT DRIVE AWAY ALSO! PARADISE AWAITS!!

16. 2012-11-28
    historical 1761-char remark

    Show marketing remark (1761 chars)

    SPACIOUS 2 BEDRM,2 BATH VILLA W/FORMAL DINING RM. LT & BRIGHT, WITH WATER VIEW FRONT & BACK! 2 VILLA'S AWAY FROM LAKE MERYL POOL ! GLASS ENCLOSED PATIO WITH FANTASTIC VIEW. NEWER APPLS, WASHER & DRYER INCLUDED. CLEAN & NEAT! LOTS TO LOVE IN THIS ONE! KITCHEN HAS A LARGE DOUBLE WINDOW WITH GORGEOUS WATER VIEW, CABINETS HAVE PULL OUT DRAWERS & TILED BACKSPLASH, LOTS OF COUNTER SPACE & PASS THRU TO DINING RM. SPLIT FLOOR PLAN GREAT FOR PRIVACY WHEN HAVING GUESTS. LOCATED IN THIS NICE GATED & SECURE COMMUNITY! LOTS OF AMENITIES! THERE ARE 2 CLUBHOUSES WITH POOLS, JACUZZI HOT TUBS, EXERCISE FACILITIES,CAFE'S FOR BREAKFAST & LUNCH. ACTIVITIES GALORE, CARDS, TRIPS, BILLIARDS, TENNIS, BOCCI BALL, SHUFFLEBOARD, SHOWS! TWO ACTIVITY DIRECTORS TO KEEP YOU BUSY & H... (see supplement for full remarks SPACIOUS 2 BEDRM,2 BATH VILLA W/FORMAL DINING RM. LT & BRIGHT, WITH WATER VIEW FRONT & BACK! 2 VILLA'S AWAY FROM LAKE MERYL POOL ! GLASS ENCLOSED PATIO WITH FANTASTIC VIEW. NEWER APPLS, WASHER & DRYER INCLUDED. CLEAN & NEAT! LOTS TO LOVE IN THIS ONE! KITCHEN HAS A LARGE DOUBLE WINDOW WITH GORGEOUS WATER VIEW, CABINETS HAVE PULL OUT DRAWERS & TILED BACKSPLASH, LOTS OF COUNTER SPACE & PASS THRU TO DINING RM. SPLIT FLOOR PLAN GREAT FOR PRIVACY WHEN HAVING GUESTS. LOCATED IN THIS NICE GATED & SECURE COMMUNITY! LOTS OF AMENITIES! THERE ARE 2 CLUBHOUSES WITH POOLS, JACUZZI HOT TUBS, EXERCISE FACILITIES,CAFE'S FOR BREAKFAST & LUNCH. ACTIVITIES GALORE, CARDS, TRIPS, BILLIARDS, TENNIS, BOCCI BALL, SHUFFLEBOARD, SHOWS! TWO ACTIVITY DIRECTORS TO KEEP YOU BUSY & HAVING FUN! LOCATED CLOSE TO SHOPPING, RESTAURANTS & TURNPIKE, AIRPORT & OCEAN A SHORT DRIVE AWAY ALSO! PARADISE AWAITS!!

17. 2012-08-19
    listed $64,799 1761-char remark

    Show marketing remark (1761 chars)

    SPACIOUS 2 BEDRM,2 BATH VILLA W/FORMAL DINING RM. LT & BRIGHT, WITH WATER VIEW FRONT & BACK! 2 VILLA'S AWAY FROM LAKE MERYL POOL ! GLASS ENCLOSED PATIO WITH FANTASTIC VIEW. NEWER APPLS, WASHER & DRYER INCLUDED. CLEAN & NEAT! LOTS TO LOVE IN THIS ONE! KITCHEN HAS A LARGE DOUBLE WINDOW WITH GORGEOUS WATER VIEW, CABINETS HAVE PULL OUT DRAWERS & TILED BACKSPLASH, LOTS OF COUNTER SPACE & PASS THRU TO DINING RM. SPLIT FLOOR PLAN GREAT FOR PRIVACY WHEN HAVING GUESTS. LOCATED IN THIS NICE GATED & SECURE COMMUNITY! LOTS OF AMENITIES! THERE ARE 2 CLUBHOUSES WITH POOLS, JACUZZI HOT TUBS, EXERCISE FACILITIES,CAFE'S FOR BREAKFAST & LUNCH. ACTIVITIES GALORE, CARDS, TRIPS, BILLIARDS, TENNIS, BOCCI BALL, SHUFFLEBOARD, SHOWS! TWO ACTIVITY DIRECTORS TO KEEP YOU BUSY & H... (see supplement for full remarks SPACIOUS 2 BEDRM,2 BATH VILLA W/FORMAL DINING RM. LT & BRIGHT, WITH WATER VIEW FRONT & BACK! 2 VILLA'S AWAY FROM LAKE MERYL POOL ! GLASS ENCLOSED PATIO WITH FANTASTIC VIEW. NEWER APPLS, WASHER & DRYER INCLUDED. CLEAN & NEAT! LOTS TO LOVE IN THIS ONE! KITCHEN HAS A LARGE DOUBLE WINDOW WITH GORGEOUS WATER VIEW, CABINETS HAVE PULL OUT DRAWERS & TILED BACKSPLASH, LOTS OF COUNTER SPACE & PASS THRU TO DINING RM. SPLIT FLOOR PLAN GREAT FOR PRIVACY WHEN HAVING GUESTS. LOCATED IN THIS NICE GATED & SECURE COMMUNITY! LOTS OF AMENITIES! THERE ARE 2 CLUBHOUSES WITH POOLS, JACUZZI HOT TUBS, EXERCISE FACILITIES,CAFE'S FOR BREAKFAST & LUNCH. ACTIVITIES GALORE, CARDS, TRIPS, BILLIARDS, TENNIS, BOCCI BALL, SHUFFLEBOARD, SHOWS! TWO ACTIVITY DIRECTORS TO KEEP YOU BUSY & HAVING FUN! LOCATED CLOSE TO SHOPPING, RESTAURANTS & TURNPIKE, AIRPORT & OCEAN A SHORT DRIVE AWAY ALSO! PARADISE AWAITS!!

ⓘ 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 5/10 Major
• 🌡 Heat 9/10 Extreme 7 d/yr ≥106°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: $23,105
• − Mortgage interest: −$9,523
• − Property taxes: −$2,550
• − Insurance: −$850
• − Repairs & maintenance: −$1,848
• − Management: −$1,848
• − HOA: −$9,264
• − Depreciation: −$4,945
• Taxable loss: −$7,724
• Est. tax savings @ 24.0%: +$1,854
• After-tax cash flow: $-3,255/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

• County: Palm Beach County · 1,438,312 people
• City population: 222,012
• 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

+162.3% since first listed

5 events — show timeline

• 2026-03-30 Price Changed $170,000 Beaches MLS
• 2026-01-13 Listed $190,000 Beaches MLS
• 2012-12-03 Sold (MLS) $60,000 Beaches MLS
• 2012-11-28 Listing Removed — Beaches MLS
• 2012-08-19 Listed $64,799 Beaches MLS