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2682 S Garden Dr S #309
C+ Composite 63.67
Why this score? — see what drove the C+ 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 +25.4/30.0
  • 1% rule +10.0/10.0
  • DSCR +8.4/10.0
  • ARV discount +7.5/15.0
  • Schools +4.3/10.0
  • Livability +3.7/5.0
  • Condition / age +2.5/5.0
  • Rent growth +1.9/5.0
  • Appreciation +0.0/10.0

$79,000

2682 S Garden Dr S #309 · Palm Springs, FL 33461
2 bd · 1.0 ba · 894 sqft · Condo public records · 30 Days on market
Built 1969 $761/mo HOA · 40% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Experience the ultimate 55+ lifestyle in this beautifully updated FULLY FURNISHESD 2-bedroom, 1-bath condo nestled in the highly desired Lake Clarke Gardens community! Step inside to discover an upgraded kitchen featuring a sleek, brand-new Jenn-Air refrigerator and a modern design perfect for your culinary adventures. Enjoy year-round comfort with a new A/C unit and hot water tank, while the fully furnished interior lets you move in and start living the dream right away!This well-maintained building offers an elevator for convenience and a common laundry area for ease. The community boasts not one but two vibrant clubhouses loaded with activities to keep you entertained, including pools, saunas, a library, shuffleboard, Game Room, and a community room and much more. For added convenience, scheduled transportation to shopping is available. Located with easy access to I-95, just minutes from shopping, dining, and under 10 minutes from beautiful beaches, this condo has it all. Whether you're lounging by the pool or enjoying a morning coffee in your serene new home, you'll love the carefree lifestyle this community provides. Don't miss out on this absolute gem of a unit, start living your best life at Lake Clarke Gardens!

Key facts

  • Fitness center
  • Clubhouse
  • Community amenities

Tags

NEW FLOORINGNEW RANGENEW REFRIGERATORCOMMUNITY AMENITIESCLUBHOUSEFITNESS CENTER

Property features AI

Finance

  • Other: Senior community
  • Financial info: Not a land-lease property
  • HOA & community: Part of Lake Clarke Gardens association; Monthly association fee (listed) includes cable TV, internet, grounds maintenance, sewer, trash, water, common areas, elevator, and recreation facility; Community amenities include: clubhouse, pool, fitness center, billiard and game rooms, laundry, management on site, picnic area, sauna, shuffleboard, bocce ball, putting green, workshop area, library, community room, sidewalks

Exterior

  • Parking: Assigned parking and guest spaces; One open parking space (total 1 listed)
  • Utilities: Public water; Public sewer; Electricity available; Cable available
  • Home design: Condominium; One level; Three-story building
  • Construction: Concrete block (CBS) construction with stucco; Rolled/hot mop roof
  • Exterior features: Glass-enclosed patio/porch; Paved, public-maintained road frontage; Faces west; Not waterfront

Interior

  • Kitchen: Electric range; Microwave; Refrigerator; Electric water heater
  • Bedrooms: Two bedrooms on the main level
  • Flooring: Tile; Vinyl
  • Bathrooms: One full bathroom
  • Heating & cooling: Central electric heating; Central air conditioning; Ceiling fans
  • Interior features: Bedroom layout is stacked; Unfurnished; Blinds and drapes on windows
  • Laundry & utility: Laundry in a common area

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath condo listed at $79k.

Deal economics

  • At list price, monthly cash flow is $183 ($2k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $79k).
  • Recommended offer: $78k (1.5% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 73/100 on livability (#297 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A; Watch: employment D+, 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: Barton Elementary School (math 25% / reading 20%, grade F, #2,073 of 2,144 statewide, top 97%, 1,064 students, 80% FRL); Lake Worth High School (math 16% / reading 27%, grade F, #546 of 667 statewide, top 82%, 2,683 students, 71% FRL) — zoned schools average 76% FRL vs 52% district-wide (24 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Zoned-school proficiency averages 22% at this address vs 50% district-wide (-28 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 soft (-2.5%/yr); 274 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 3,974 units permitted in Palm Beach County in 2024 (1,012 in 5+ unit buildings).
  • This rent runs 37% of the median local income ($62k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $546 of loan paydown is wiped out by about $2k 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 30 days — a 2% lower offer ($78k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
  • Current owner paid $60k; 32% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Watch-outs: HOA is 40% of rent.
  • 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 $77,815 (1.5% below list)

Questions for the listing agent

  1. Built in 1969 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  3. 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?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  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 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
2.42%
Cap rate
9.07%
Cash-on-cash
9.93%
DSCR
1.44
GRM
3.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold
IRR
-8.2%
Equity multiple
0.72×
Total profit
$-6,243
Equity at exit
$11,779
10-year hold
IRR
-10.7%
Equity multiple
0.55×
Total profit
$-10,027
Equity at exit
$6,830

Cash invested: $22,120 (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.

ZIP-level market 33461

Rents YoY
-2.5%
Active inventory
274
Price-to-rent
3.4×

Monthly cashflow live

Estimated rent
$1,913 high interval (Pro) →
Mortgage (P&I)
$414
Tax from tax record
$120 /mo · $1,445/yr
Insurance
$33
HOA
$761
Vacancy / Maint / Mgmt
$402
Net cashflow
$183

Break-even live

Break-even rent $1,682
Max offer price $79,000
Occupancy floor 85%

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
$19,750
Closing costs
$2,370
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2566 Garden Dr S Lake Worth Beach, FL 1.0 1.0 744 $1,395 $1.88 24d 1 0.10mi
2668 Garden Dr N #312 Lake Worth, FL 2.0 2.0 1080 $1,500 $1.39 4d 1 0.17mi
2668 Garden Dr N #312 Lake Worth, FL 2.0 2.0 1080 $1,500 $1.39 1d 1 0.17mi
2856 Garden Dr S #112 Lake Worth, FL 2.0 1.0 894 $1,800 $2.01 24d 1 0.20mi
2721 Garden Dr N #105 Lake Worth, FL 2.0 1.0 894 $1,800 $2.01 20d 1 0.24mi
2581 Garden Dr N #203 Lake Worth, FL 2.0 2.0 894 $1,650 $1.85 7d 1 0.24mi
2581 Garden Dr N #203 Lake Worth, FL 2.0 2.0 894 $1,650 $1.85 15d 1 0.24mi
2791 S Florida Mango Rd Lake Worth, FL 2.0 2.0 1100 $1,995 $1.81 20d 1 0.24mi
910 Rudolf Rd Lake Worth, FL 3.0 1.0 1000 $2,500 $2.50 24d 1 0.31mi
2508 10th Ave N Lake Worth Beach, FL 3.0 2.0 1025 $2,557 $2.49 24d 1 0.32mi
2508 10th Ave N Lake Worth Beach, FL 2.0 1.0 800 $1,746 $2.18 14d 1 0.32mi
2508 10th Ave N Lake Worth Beach, FL 2.0 1.0 800 $1,672 $2.09 11d 1 0.32mi
2901 10th Ave N Palm Springs, FL 2.0 1.0 900 $1,795 $1.99 24d 1 0.34mi
3386 Rudolph Rd Lake Worth Beach, FL 2.0 1.0 840 $2,100 $2.50 3d 1 0.39mi
100 Rex Ave Palm Springs, FL 2.0 2.0 1000 $1,850 $1.85 24d 3 0.46mi
3440 Rudolph Rd Unit 3440-03 Lake Worth Beach, FL 2.0 2.0 935 $2,100 $2.25 18d 1 0.47mi
3431 Helena Dr Unit 3481-11 Lake Worth Beach, FL 2.0 2.0 935 $2,050 $2.19 24d 1 0.48mi
3431 Helena Dr Lake Worth, FL 2.0 2.0 935 $2,075 $2.22 14d 2 0.48mi
3481 Helena Dr Unit 11 Lake Worth Beach, FL 2.0 2.0 935 $2,050 $2.19 24d 1 0.49mi
220 Henthorne Dr Palm Springs, FL 1.0–2.0 1.5–2.0 900 $1,850 $2.06 24d 4 0.55mi
3300 Boutwell Rd Lake Worth Beach, FL 1.0–2.0 1.0–2.0 765 $2,720 $3.56 24d 1 0.56mi
3031 French Ave Lake Worth, FL 3.0 1.0 840 $2,400 $2.86 7d 1 0.57mi
124 Abaco Dr Palm Springs, FL 3.0 2.0 988 $2,900 $2.94 15d 1 0.59mi
3017 Buckley Ave Lake Worth, FL 2.0 1.0 720 $2,200 $3.06 24d 1 0.61mi
1065 Manor Dr Palm Springs, FL 2.0 2.0 1098 $2,100 $1.91 3d 1 0.63mi
965 Manor Dr Palm Springs, FL 2.0 1.0 687 $1,995 $2.90 1d 5 0.65mi
1020 Manor Dr Palm Springs, FL 2.0 2.0 1098 $2,200 $2.00 22d 1 0.69mi
1016 Manor Dr Unit 5c Palm Springs, FL 2.0 2.0 1098 $2,256 $2.05 24d 1 0.70mi
1802 Waterview Cir #1802 Palm Springs, FL 2.0 2.0 951 $1,925 $2.02 24d 1 0.85mi
1742 W Terrace Dr Lake Worth Beach, FL 2.0 1.5 1000 $2,700 $2.70 24d 1 0.86mi
2571 Lake Worth Rd Lake Worth, FL 1.0–2.0 1.0–2.0 750 $1,657 $2.21 2d 2 0.96mi
1755 Forest Hill Blvd Lake Clarke Shores, FL 1.0 1.0 662 $1,595 $2.41 7d 1 1.02mi
246 Cypress Ln Lake Worth Beach, FL 1.0–2.0 1.0 850 $1,750 $2.06 24d 2 1.04mi
247 Cypress Ln Unit 246-C12 Palm Springs, FL 2.0 1.0 850 $1,750 $2.06 5d 1 1.05mi
247 Cypress Ln Unit 246-C06 Palm Springs, FL 2.0 1.0 850 $1,750 $2.06 24d 1 1.05mi
225 Bonnie Blvd Palm Springs, FL 1.0–2.0 1.5–2.0 944 $1,850 $1.96 24d 2 1.05mi
225 Bonnie Blvd #116 Palm Springs, FL 2.0 2.0 988 $1,850 $1.87 18d 1 1.05mi
2085 S Congress Ave Palm Springs, FL 1.0–3.0 1.0–2.0 963 $2,558 $2.65 2d 14 1.05mi
240 Alemeda Dr Palm Springs, FL 1.0–2.0 1.0–2.0 825 $1,850 $2.24 24d 3 1.06mi
3662 Davis Rd Unit 3664 Palm Springs, FL 3.0 2.0 1000 $1,999 $2.00 7d 1 1.06mi

HOA detail condo

Monthly dues
$761 · $9,132/yr
Likely covers
waterpool
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 26 events

  1. 2026-06-18
    days on market $79,000 Active 30 DOM
  2. 2026-06-17
    days on market $79,000 Active 29 DOM
  3. 2026-06-16
    days on market $79,000 Active 28 DOM
  4. 2026-06-15
    days on market $79,000 Active 27 DOM
  5. 2026-06-13
    days on market $79,000 Active 25 DOM
  6. 2026-06-09
    days on market $79,000 Active 21 DOM
  7. 2026-06-08
    days on market $79,000 Active 20 DOM
  8. 2026-06-07
    days on market $79,000 Active 19 DOM
  9. 2026-06-04
    days on market $79,000 Active 16 DOM
  10. 2026-06-03
    days on market $79,000 Active 15 DOM
  11. 2026-06-02
    days on market $79,000 Active 14 DOM
  12. 2026-06-01
    days on market $79,000 Active 13 DOM
  13. 2026-05-31
    days on market $79,000 Active 12 DOM
  14. 2026-05-19
    listed $79,000 Active
  15. 2025-08-01
    soldstatus $60,000
  16. 2025-07-30
    soldstatus $60,000 Closed 1238-char remark
    Show marketing remark (1238 chars)

    Experience the ultimate 55+ lifestyle in this beautifully updated FULLY FURNISHESD 2-bedroom, 1-bath condo nestled in the highly desired Lake Clarke Gardens community! Step inside to discover an upgraded kitchen featuring a sleek, brand-new Jenn-Air refrigerator and a modern design perfect for your culinary adventures. Enjoy year-round comfort with a new A/C unit and hot water tank, while the fully furnished interior lets you move in and start living the dream right away!This well-maintained building offers an elevator for convenience and a common laundry area for ease. The community boasts not one but two vibrant clubhouses loaded with activities to keep you entertained, including pools, saunas, a library, shuffleboard, Game Room, and a community room and much more. For added convenience, scheduled transportation to shopping is available. Located with easy access to I-95, just minutes from shopping, dining, and under 10 minutes from beautiful beaches, this condo has it all. Whether you're lounging by the pool or enjoying a morning coffee in your serene new home, you'll love the carefree lifestyle this community provides. Don't miss out on this absolute gem of a unit, start living your best life at Lake Clarke Gardens!

  17. 2025-07-01
    status Pending 1238-char remark
    Show marketing remark (1238 chars)

    Experience the ultimate 55+ lifestyle in this beautifully updated FULLY FURNISHESD 2-bedroom, 1-bath condo nestled in the highly desired Lake Clarke Gardens community! Step inside to discover an upgraded kitchen featuring a sleek, brand-new Jenn-Air refrigerator and a modern design perfect for your culinary adventures. Enjoy year-round comfort with a new A/C unit and hot water tank, while the fully furnished interior lets you move in and start living the dream right away!This well-maintained building offers an elevator for convenience and a common laundry area for ease. The community boasts not one but two vibrant clubhouses loaded with activities to keep you entertained, including pools, saunas, a library, shuffleboard, Game Room, and a community room and much more. For added convenience, scheduled transportation to shopping is available. Located with easy access to I-95, just minutes from shopping, dining, and under 10 minutes from beautiful beaches, this condo has it all. Whether you're lounging by the pool or enjoying a morning coffee in your serene new home, you'll love the carefree lifestyle this community provides. Don't miss out on this absolute gem of a unit, start living your best life at Lake Clarke Gardens!

  18. 2025-06-25
    price $64,900 1238-char remark
    Show marketing remark (1238 chars)

    Experience the ultimate 55+ lifestyle in this beautifully updated FULLY FURNISHESD 2-bedroom, 1-bath condo nestled in the highly desired Lake Clarke Gardens community! Step inside to discover an upgraded kitchen featuring a sleek, brand-new Jenn-Air refrigerator and a modern design perfect for your culinary adventures. Enjoy year-round comfort with a new A/C unit and hot water tank, while the fully furnished interior lets you move in and start living the dream right away!This well-maintained building offers an elevator for convenience and a common laundry area for ease. The community boasts not one but two vibrant clubhouses loaded with activities to keep you entertained, including pools, saunas, a library, shuffleboard, Game Room, and a community room and much more. For added convenience, scheduled transportation to shopping is available. Located with easy access to I-95, just minutes from shopping, dining, and under 10 minutes from beautiful beaches, this condo has it all. Whether you're lounging by the pool or enjoying a morning coffee in your serene new home, you'll love the carefree lifestyle this community provides. Don't miss out on this absolute gem of a unit, start living your best life at Lake Clarke Gardens!

  19. 2025-03-07
    price $59,900 1238-char remark
    Show marketing remark (1238 chars)

    Experience the ultimate 55+ lifestyle in this beautifully updated FULLY FURNISHESD 2-bedroom, 1-bath condo nestled in the highly desired Lake Clarke Gardens community! Step inside to discover an upgraded kitchen featuring a sleek, brand-new Jenn-Air refrigerator and a modern design perfect for your culinary adventures. Enjoy year-round comfort with a new A/C unit and hot water tank, while the fully furnished interior lets you move in and start living the dream right away!This well-maintained building offers an elevator for convenience and a common laundry area for ease. The community boasts not one but two vibrant clubhouses loaded with activities to keep you entertained, including pools, saunas, a library, shuffleboard, Game Room, and a community room and much more. For added convenience, scheduled transportation to shopping is available. Located with easy access to I-95, just minutes from shopping, dining, and under 10 minutes from beautiful beaches, this condo has it all. Whether you're lounging by the pool or enjoying a morning coffee in your serene new home, you'll love the carefree lifestyle this community provides. Don't miss out on this absolute gem of a unit, start living your best life at Lake Clarke Gardens!

  20. 2025-03-03
    price $74,900 1238-char remark
    Show marketing remark (1238 chars)

    Experience the ultimate 55+ lifestyle in this beautifully updated FULLY FURNISHESD 2-bedroom, 1-bath condo nestled in the highly desired Lake Clarke Gardens community! Step inside to discover an upgraded kitchen featuring a sleek, brand-new Jenn-Air refrigerator and a modern design perfect for your culinary adventures. Enjoy year-round comfort with a new A/C unit and hot water tank, while the fully furnished interior lets you move in and start living the dream right away!This well-maintained building offers an elevator for convenience and a common laundry area for ease. The community boasts not one but two vibrant clubhouses loaded with activities to keep you entertained, including pools, saunas, a library, shuffleboard, Game Room, and a community room and much more. For added convenience, scheduled transportation to shopping is available. Located with easy access to I-95, just minutes from shopping, dining, and under 10 minutes from beautiful beaches, this condo has it all. Whether you're lounging by the pool or enjoying a morning coffee in your serene new home, you'll love the carefree lifestyle this community provides. Don't miss out on this absolute gem of a unit, start living your best life at Lake Clarke Gardens!

  21. 2025-02-15
    historical $1,500
  22. 2025-02-07
    listed $1,500
  23. 2025-02-07
    historical $1,500
  24. 2025-02-07
    listed $1,500
  25. 2025-01-22
    listed $84,900 Active 1238-char remark
    Show marketing remark (1238 chars)

    Experience the ultimate 55+ lifestyle in this beautifully updated FULLY FURNISHESD 2-bedroom, 1-bath condo nestled in the highly desired Lake Clarke Gardens community! Step inside to discover an upgraded kitchen featuring a sleek, brand-new Jenn-Air refrigerator and a modern design perfect for your culinary adventures. Enjoy year-round comfort with a new A/C unit and hot water tank, while the fully furnished interior lets you move in and start living the dream right away!This well-maintained building offers an elevator for convenience and a common laundry area for ease. The community boasts not one but two vibrant clubhouses loaded with activities to keep you entertained, including pools, saunas, a library, shuffleboard, Game Room, and a community room and much more. For added convenience, scheduled transportation to shopping is available. Located with easy access to I-95, just minutes from shopping, dining, and under 10 minutes from beautiful beaches, this condo has it all. Whether you're lounging by the pool or enjoying a morning coffee in your serene new home, you'll love the carefree lifestyle this community provides. Don't miss out on this absolute gem of a unit, start living your best life at Lake Clarke Gardens!

  26. 1996-08-13
    soldstatus $26,000

ⓘ 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
$1,445 · $120/mo
Projected year-2 tax
$1,445 · $120/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 ≥105°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 · 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
$22,961
− Mortgage interest
−$4,425
− Property taxes
−$1,445
− Insurance
−$395
− Repairs & maintenance
−$1,837
− Management
−$1,837
− HOA
−$9,132
− Depreciation
−$2,298
Taxable income
$1,592
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$382
After-tax cash flow
$1,814/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 — Palm Springs

Score
73/100
State rank
#297
US rank
#5045

Category grades

Amenities F Commute F Cost of living A+ Crime C Employment D+ 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
49,443
Metro
Miami-Fort Lauderdale-Pompano Beach, FL
Population (ZIP)
49,443
Household income
$61,963
Rent vs Own
48.2% rent · 51.8% own
Severe rent burden
2663.0

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 0.59)
Race & ethnicity
Hispanic / Latino 59% Two or more races 26% White 20% Black 17% Asian 2%
Hispanic origin (detail)
Mexican 11% Puerto Rican 6% Cuban 16% Dominican 2%
Common ancestry
Hispanic 9% Romanian 1% Lithuanian 1%
Foreign-born
52% · Canada, Jamaica
Languages at home
31% English-only · Spanish 54% French/Haitian/Cajun 10% 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
▼ -269.03%
Current HPI
493.0041
Rent YoY
▼ -2.47%
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

Price history

+203.8% since first listed
13 events — show timeline
  • 2026-05-19 Listed $79,000 Beaches MLS
  • 2025-08-01 Sold (Public Records) $60,000 Public Records
  • 2025-07-30 Sold (MLS) $60,000 Beaches MLS
  • 2025-07-01 Pending Beaches MLS
  • 2025-06-25 Price Changed $64,900 Beaches MLS
  • 2025-03-07 Price Changed $59,900 Beaches MLS
  • 2025-03-03 Price Changed $74,900 Beaches MLS
  • 2025-02-15 Rental Removed $1,500 GFLMLS
  • 2025-02-07 Listed for Rent $1,500 GFLMLS
  • 2025-02-07 Rental Removed $1,500 RMLSFL
  • 2025-02-07 Listed for Rent $1,500 RMLSFL
  • 2025-01-22 Listed $84,900 Beaches MLS
  • 1996-08-13 Sold (Public Records) $26,000 Public Records

Property tax history

+15.1%/yr

Latest (2025): $1,445 · -14.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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