215 Oak Harbour Dr · Juno Beach, FL 33408

$390,000

2 bd · 3.0 ba · 1,372 sqft · Condo public records · 114 Days on market

Built 1985 $1163/mo HOA · 26% of rent ↓ 15% since listing

---

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).

• Cash flow +12.3/30.0
• ARV discount +7.5/15.0
• 1% rule +6.3/10.0
• Schools +4.3/10.0
• DSCR +3.6/10.0
• Livability +3.4/5.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Discover effortless coastal living in this beautifully maintained 2-bedroom, 2.5-bath townhouse nestled within the gated waterfront community of Oak Harbour in Juno Beach. Designed for comfort and privacy, both upstairs bedrooms are spacious suites, including a serene primary retreat with its own private balcony and generous attic storage. The open living and dining areas create a warm, inviting space to relax or entertain, while the screened patio overlooks lush, mature landscaping for peaceful indoor-outdoor living. Move-in ready with granite kitchen countertops and timeless finishes, this home offers access to resort-style amenities, marina slips, pools, fitness center, tennis and pickle

Key facts

• Screened patio
• Private balcony
• Mature landscaping

Tags

• GATED WATERFRONT COMMUNITY
• PRIVATE BALCONY
• GENEROUS ATTIC STORAGE
• SCREENED PATIO
• MATURE LANDSCAPING
• RESORT-STYLE AMENITIES

Property features AI

Finance

• Other: Pets allowed (restrictions and limits may apply)
• HOA & community: HOA with numerous amenities including boating, clubhouse, fitness center, pool, spa/hot tub, tennis and pickleball courts, billiard room, management and onsite manager, internet included, sidewalks and street lights; HOA fee paid monthly

Exterior

• Parking: Assigned parking; Guest parking
• Security: Gated community with guard
• Utilities: Public water; Public sewer; Three-phase electric service; Cable available
• Home design: Condominium; Multi/split levels (2 stories total); Resale property; Faces east; West of US-1
• Construction: Built with stucco and CBS construction; Composition/shingle roof; 2 stories
• Exterior features: Covered patio; Screened patio; Patio; Sidewalks; Not waterfront

Interior

• Kitchen: Dishwasher; Electric range; Microwave; Refrigerator; Electric water heater; Water softener
• Bedrooms: No main-level bedrooms
• Flooring: Vinyl
• Bathrooms: 2 full bathrooms and 1 half bathroom
• Heating & cooling: Central electric heating; Central air conditioning; Ceiling fans
• Interior features: Walk-in closets; Blinds
• Laundry & utility: Laundry closet inside the unit

What this means for you Summary

Snapshot

• This is a 2-bed/3.0-bath condo listed at $390k.

Deal economics

• At list price, monthly cash flow is $-74 ($-893/yr) — negative.
• To cash-flow at today's rent, offer at most $377k (3.4% below list).
• Meets the 1% rule at list price ($4k rent vs $390k).
• Recommended offer: $355k (9.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 67/100 on livability (#572 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, health & safety A, employment B+; 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: Teen Parent Program - Pk (19 students, 0% FRL); Howell L. Watkins Middle School (math 18% / reading 33%, grade F, #512 of 571 statewide, top 90%, 794 students, 76% FRL); William T. Dwyer High School (math 36% / reading 58%, grade D-, #207 of 667 statewide, top 32%, 2,206 students, 37% FRL).
• Zoned-school proficiency averages 36% 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 flat; 404 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d 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).
• At $4,395/mo this rent would consume 57% of the median local household income ($92k/yr) (locally 835% 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 $12k 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 114 days — a 9% lower offer ($355k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $35k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: HOA is 26% of rent.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $354,900 (9.0% 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 114 days. Have you received any prior offers? Is the seller open to a 9% 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. 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?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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 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: 1.13% ✓
• Cap rate: 6.06%
• Cash-on-cash: -0.82%
• DSCR: 0.96
• GRM: 7.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.27% rent growth · sell at horizon

5-year hold

• IRR: -21.6%
• Equity multiple: 0.28×
• Total profit: $-79,102
• Equity at exit: $58,150

10-year hold

• IRR: -27.4%
• Equity multiple: -0.08×
• Total profit: $-118,255
• Equity at exit: $33,720

Cash invested: $109,200 (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.

Methodology + full state rankings →

ZIP-level market 33408

• Rents YoY: 0.3%
• Active inventory: 404
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $4,395 high
• Mortgage (P&I): −$2,045
• Tax from tax record: −$176 /mo · $2,113/yr
• Insurance: −$162
• HOA: −$1,163
• Vacancy / Maint / Mgmt: −$923
• Net cashflow: $-74

Break-even live

Break-even rent $4,490

Max offer price $376,847

Occupancy floor 97%

Sensitivity live

Price	-10% $146	-5% $36	+0% $-74	+5% $-185	+10% $-295
Rent	-10% $-422	-5% $-248	+0% $-74	+5% $99	+10% $273
Rate	-1.0pp $122	-0.5pp $25	base $-74	+0.5pp $-176	+1.0pp $-278

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: $97,500
• Closing costs: $11,700
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
318 Oak Harbour Dr #318 Juno Beach, FL	2.0	2.0	1533	$4,000	$2.61	26d	1	0.07mi
827 Oak Harbour Dr Juno Beach, FL	2.0	2.0	1301	$4,200	$3.23	26d	1	0.07mi
925 Bay Colony Dr S Juno Beach, FL	2.0	2.0	1590	$6,500	$4.09	26d	1	0.10mi
431 Bay Colony Dr N Juno Beach, FL	3.0	3.0	1859	$5,500	$2.96	26d	1	0.14mi
444 Bay Colony Dr S Juno Beach, FL	3.0	2.5	1859	$6,500	$3.50	19d	1	0.15mi
300 Uno Lago Dr Juno Beach, FL	2.0–3.0	2.0	1319	$3,000	$2.27	4d	1	0.18mi
515 Bay Colony Dr N Juno Beach, FL	3.0	2.0	1509	$12,000	$7.95	7d	1	0.18mi
800 Uno Lago Dr #305 Juno Beach, FL	3.0	2.0	1446	$5,000	$3.46	26d	1	0.18mi
49 Uno Lago Dr Juno Beach, FL	2.0	2.5	1494	$5,500	$3.68	26d	1	0.23mi
1869 Circle Dr North Palm Beach, FL	2.0	2.0	1216	$3,400	$2.80	14d	1	0.32mi
12155 US Highway 1 North Palm Beach, FL	1.0–3.0	1.0–2.0	1297	$3,566	$2.75	0d	23	0.47mi
1827 Len Dr North Palm Beach, FL	2.0	1.0	1600	$5,500	$3.44	3d	1	0.56mi
1827 Len Dr North Palm Beach, FL	2.0	1.0	1600	$5,500	$3.44	3d	1	0.56mi
1718 Ridge Rd North Palm Beach, FL	2.0	2.0	900	$2,950	$3.28	26d	1	0.59mi
2388 S Wallen Dr West Palm Beach, FL	3.0	2.0	1296	$4,500	$3.47	26d	1	0.64mi
13074 23rd Ave N West Palm Beach, FL	3.0	2.0	1456	$5,500	$3.78	16d	1	0.67mi
12801 US Highway 1 Juno Beach, FL	2.0–3.0	2.0–2.5	1706	$2,902	$1.70	0d	11	0.68mi
2395 Idlewild Rd Palm Beach Gardens, FL	3.0	2.0	1476	$4,500	$3.05	23d	1	0.80mi
464 Juno Dunes Way Juno Beach, FL	3.0	3.5	1709	$7,000	$4.10	26d	1	0.84mi
2805 Veronia Dr Palm Beach Gardens, FL	3.0	2.0	1361	$3,000	$2.20	26d	1	0.86mi
2802 Sarento Pl #204 Palm Beach Gardens, FL	2.0	2.0	1092	$3,500	$3.21	26d	1	0.91mi
2339 Treasure Isle Dr #43 West Palm Beach, FL	3.0	2.0	1528	$11,000	$7.20	26d	1	1.01mi
2813 Grande Pkwy #109 Palm Beach Gardens, FL	3.0	2.0	1278	$2,818	$2.21	26d	1	1.02mi
20 Celestial Way #105 Juno Beach, FL	2.0	2.0	1280	$3,000	$2.34	26d	1	1.02mi
50 Celestial Way Juno Beach, FL	2.0	2.0	975	$4,725	$4.85	26d	5	1.04mi
50 Celestial Way Juno Beach, FL	2.0	2.0	975	$4,750	$4.87	13d	4	1.04mi
11521 Landing Pl Unit E1 North Palm Beach, FL	2.0	2.0	1130	$7,000	$6.19	26d	1	1.07mi
2727 Anzio Ct #106 Palm Beach Gardens, FL	3.0	2.0	1316	$3,000	$2.28	26d	1	1.09mi
3019 Alcazar Pl #107 Palm Beach Gardens, FL	1.0	1.0	1000	$2,900	$2.90	26d	1	1.10mi
3019 Alcazar Pl #107 Palm Beach Gardens, FL	1.0	1.0	1000	$3,000	$3.00	23d	1	1.10mi
381 Zenith Ln Juno Beach, FL	3.0	2.5	1656	$4,900	$2.96	7d	1	1.12mi
381 Zenith Ln Juno Beach, FL	3.0	2.5	1656	$4,900	$2.96	16d	1	1.12mi
381 Zenith Ln Juno Beach, FL	3.0	2.5	1656	$4,900	$2.96	26d	1	1.12mi
2100 PGA Blvd Palm Beach Gardens, FL	1.0–2.0	1.0–2.0	983	$3,118	$3.17	0d	9	1.13mi
2916 Tuscany Ct Palm Beach Gardens, FL	3.0	2.0	1278	$2,818	$2.21	26d	1	1.15mi
2916 Tuscany Ct #201 Palm Beach Gardens, FL	2.0	2.0	1149	$3,200	$2.79	5d	1	1.16mi
333 Ocean Dr Juno Beach, FL	3.0	2.0	1600	$10,000	$6.25	26d	1	1.16mi
11370 Twelve Oaks Way #614 North Palm Beach, FL	2.0	2.0	1535	$3,750	$2.44	26d	1	1.18mi
461 Apollo Dr Juno Beach, FL	3.0	2.0	1330	$16,500	$12.41	26d	1	1.21mi
3270 Grove Rd Unit 1326860P Palm Beach Gardens, FL	3.0	2.0	1496	$5,492	$3.67	0d	1	1.21mi

HOA detail condo

• Monthly dues: $1,163 · $13,956/yr
• Likely covers: waterlandscapingpoolgymsecurity
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 19 events

1. 2026-06-21
   days on market $390,000 Active 114 DOM
2. 2026-06-18
   days on market $390,000 Active 111 DOM
3. 2026-06-17
   days on market $390,000 Active 110 DOM
4. 2026-06-16
   days on market $390,000 Active 109 DOM
5. 2026-06-15
   days on market $390,000 Active 108 DOM
6. 2026-06-13
   days on market $390,000 Active 106 DOM
7. 2026-06-09
   days on market $390,000 Active 102 DOM
8. 2026-06-08
   days on market $390,000 Active 101 DOM
9. 2026-06-07
   days on market $390,000 Active 100 DOM
10. 2026-06-04
    days on market $390,000 Active 97 DOM
11. 2026-06-03
    days on market $390,000 Active 96 DOM
12. 2026-06-02
    pricedays on market $390,000 Active 95 DOM
13. 2026-06-01
    days on market $399,000 Active 94 DOM
14. 2026-05-31
    days on market $399,000 Active 93 DOM
15. 2026-03-23
    price $399,000
16. 2026-02-27
    listed $425,000 Active
17. 2026-01-13
    historical
18. 2025-10-08
    price $444,000
19. 2025-07-22
    listed $469,000 Active

ⓘ 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: $2,113 · $176/mo
• Projected year-2 tax: $3,237 · $270/mo
• Expected delta: +$1,124/yr (+$94/mo · 53.2%)

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

Climate risk First Street

• 🌊 Flood 3/10 Moderate FEMA zone X (unshaded) · 14% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥106°F today · 23 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $52,745
• − Mortgage interest: −$21,846
• − Property taxes: −$2,113
• − Insurance: −$1,950
• − Repairs & maintenance: −$4,220
• − Management: −$4,220
• − HOA: −$13,956
• − Depreciation: −$11,345
• Taxable loss: −$6,905
• Est. tax savings @ 24.0%: +$1,657
• After-tax cash flow: $764/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 — Juno Beach

• Score: 67/100
• State rank: #572
• US rank: #10889

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Juno Beach, FL
• County: Palm Beach County · 1,438,312 people
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 18,817
• Household income: $92,216
• Rent vs Own: 26.0% rent · 74.0% own
• Severe rent burden: 835.0

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: Predominantly White (86%)
• Race & ethnicity: White 86% Hispanic / Latino 9% Two or more races 7% Black 1% Asian 1%
• Hispanic origin (detail): Puerto Rican 2% Cuban 2%
• Common ancestry: Lithuanian 4% Slovak 3% Romanian 3%
• Foreign-born: 11% · Canada, Jamaica, Guatemala
• Languages at home: 89% English-only · Spanish 7% Other Indo-European 1% French/Haitian/Cajun 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: ▼ -223.14%
• Current HPI: 365.2913
• Rent YoY: ▲ 0.27%
• 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

-14.9% since first listed

5 events — show timeline

• 2026-03-23 Price Changed $399,000 Beaches MLS
• 2026-02-27 Listed $425,000 Beaches MLS
• 2026-01-13 Listing Removed — Beaches MLS
• 2025-10-08 Price Changed $444,000 Beaches MLS
• 2025-07-22 Listed $469,000 Beaches MLS

Property tax history

+1.3%/yr

Latest (2025): $2,113 · +3.7% YoY. Source: county tax records.