5859 La Gorce Cir · Greenacres, FL 33463

$370,000

5 bd · 3.0 ba · 2,673 sqft · SingleFamily public records · 1 Days on market

Built 1998 Est $674k · 45% under $130/mo HOA · 3% of rent

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Why this score? — see what drove the B 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 +27.1/30.0
• ARV discount +15.0/15.0
• DSCR +9.4/10.0
• 1% rule +7.9/10.0
• Schools +4.3/10.0
• Livability +3.5/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

$5000.00 CASH BACK TO THE BUYER AT SUCCESSFUL CLOSING. HUGE PRICE REDUCTION LOWEST 5 BEDROOM POOL HOME IN THE FABULOUS COMM OF WINSTON TRAILS. DOUBLE DOOR ENTRY.THIS HOME HAS VAULTED CEILING, TILE THRU-OUT DOWNSTAIRS, WOOD LAMINATE ON SECOND LEVEL. OVER 2600 SF. ONE BEDROOM ON THE FIRST LEVEL, INSIDE LAUNDRY ROOM, GRANITE COUNTERTOPS,STAINLESS STEEL APPLIANCES & WHITE CABINETS. THERE IS A CABANA BATH, A BRAND NEW A/C, ACCORDION SHUTTERS. THE MASTER BEDRM HAS 2 LARGE WALK-INS, A SEPARATE SHOWER & TUB, TOILET CLOSET, 2 SINKS, AS DOES THE CHILDRENS BATHROOM. THE 2 CAR GAR HAS BILT IN STORAGE CLOSETS. THE FENCED BACK PATIO HAS BRICK PAVERS & A BIRD CAGE OVER THE PRIVATE POOL.NEW PUMP EXCELLENT SCHOOLS DON'T MISS THE CLUB WHICH IS INCLUDED IN THE MAINTENANCE & OFFERS LOADS OF ACTIVITIE

Key facts

• 2 garage spots
• Community pool
• Built 1998

What this means for you Summary

Snapshot

• This is a 5-bed/3.0-bath single-family listed at $370k.

Deal economics

• At list price, monthly cash flow is $1k ($13k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($5k rent vs $370k).

Location & tenants

• Location reads 69/100 on livability (#490 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A; Watch: schools D+, employment D, amenities 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.
• Market conditions: Rents rising (+1.3%/yr); 346 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 20d 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).
• At $4,776/mo this rent would consume 78% of the median local household income ($74k/yr) (locally 1466% 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 $11k 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

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 20y ago; this cycle's ask has dropped $80k (18%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

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

Recommended offer $370,000

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 1.29% ✓
• Cap rate: 9.71%
• Cash-on-cash: 12.20%
• DSCR: 1.54
• GRM: 6.5

CMA / ARV

• ARV (on-the-fly): $673,596
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6691 Remington Pl	0.33mi	4/3.0 (-1)	2,669 (-0%)	22mo	$672,000	$252	61

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

Projected returns pro-forma

-3.0% appreciation · 1.33% rent growth · sell at horizon

5-year hold

• IRR: -0.2%
• Equity multiple: 0.99×
• Total profit: $-620
• Equity at exit: $55,168

10-year hold

• IRR: 7.6%
• Equity multiple: 1.53×
• Total profit: $55,184
• Equity at exit: $31,991

Cash invested: $103,600 (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 33463

• Home prices YoY: -30.9%
• Rents YoY: 1.3%
• Active inventory: 346
• Price-to-rent: 6.5×

Monthly cashflow live

• Estimated rent: $4,776 high
• Mortgage (P&I): −$1,940
• Tax from tax record: −$496 /mo · $5,947/yr
• Insurance: −$154
• HOA: −$130
• Vacancy / Maint / Mgmt: −$1,003
• Net cashflow: $1,053

Break-even live

Break-even rent $3,443

Max offer price $370,000

Occupancy floor 73%

Sensitivity live

Price	-10% $1,262	-5% $1,158	+0% $1,053	+5% $948	+10% $843
Rent	-10% $676	-5% $864	+0% $1,053	+5% $1,242	+10% $1,430
Rate	-1.0pp $1,239	-0.5pp $1,147	base $1,053	+0.5pp $957	+1.0pp $859

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: $92,500
• Closing costs: $11,100
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6017 Newport Village Way Lake Worth, FL	5.0	3.0	2669	$6,500	$2.44	21d	1	0.36mi
7146 Sandgrace Ln Lake Worth, FL	4.0	3.0	2268	$3,950	$1.74	4d	1	0.79mi
6319 C Durham Dr Lake Worth, FL	4.0	2.5	2263	$5,000	$2.21	17d	1	0.79mi
6326 Grebe Ct Lake Worth, FL	4.0	2.5	3082	$4,795	$1.56	13d	1	0.83mi
6326 Grebe Ct Lake Worth, FL	4.0	2.5	3082	$4,795	$1.56	14d	1	0.83mi
7191 Montereal Path Lake Worth, FL	6.0	4.0	2931	$4,899	$1.67	25d	1	1.14mi
4815 Foxtail Palm Ct Lake Worth, FL	5.0	2.5	2281	$3,155	$1.38	20d	1	1.35mi
7314 Estero Dr Lake Worth, FL	5.0	4.0	2976	$4,500	$1.51	25d	1	1.36mi
5404 Sunseeker Blvd Greenacres, FL	4.0	2.5	2077	$3,600	$1.73	2d	1	1.39mi
5097 Bright Galaxy Ln Greenacres, FL	6.0	4.0	3338	$3,900	$1.17	25d	1	1.46mi

HOA detail

• Monthly dues: $130 · $1,560/yr
• Likely covers: pool

Listing history 20 events

1. 2022-02-26
   status Pending
2. 2021-09-17
   historical
3. 2018-02-08
   soldstatus $400,000
4. 2018-02-01
   soldstatus $400,000 Closed 816-char remark

   Show marketing remark (816 chars)

   $5000.00 CASH BACK TO THE BUYER AT SUCCESSFUL CLOSING. HUGE PRICE REDUCTION LOWEST 5 BEDROOM POOL HOME IN THE FABULOUS COMM OF WINSTON TRAILS. DOUBLE DOOR ENTRY.THIS HOME HAS VAULTED CEILING, TILE THRU-OUT DOWNSTAIRS, WOOD LAMINATE ON SECOND LEVEL. OVER 2600 SF. ONE BEDROOM ON THE FIRST LEVEL, INSIDE LAUNDRY ROOM, GRANITE COUNTERTOPS,STAINLESS STEEL APPLIANCES & WHITE CABINETS. THERE IS A CABANA BATH, A BRAND NEW A/C, ACCORDION SHUTTERS. THE MASTER BEDRM HAS 2 LARGE WALK-INS, A SEPARATE SHOWER & TUB, TOILET CLOSET, 2 SINKS, AS DOES THE CHILDRENS BATHROOM. THE 2 CAR GAR HAS BILT IN STORAGE CLOSETS. THE FENCED BACK PATIO HAS BRICK PAVERS & A BIRD CAGE OVER THE PRIVATE POOL.NEW PUMP EXCELLENT SCHOOLS DON'T MISS THE CLUB WHICH IS INCLUDED IN THE MAINTENANCE & OFFERS LOADS OF ACTIVITIE

5. 2017-12-29
   status Pending 816-char remark

   Show marketing remark (816 chars)

   $5000.00 CASH BACK TO THE BUYER AT SUCCESSFUL CLOSING. HUGE PRICE REDUCTION LOWEST 5 BEDROOM POOL HOME IN THE FABULOUS COMM OF WINSTON TRAILS. DOUBLE DOOR ENTRY.THIS HOME HAS VAULTED CEILING, TILE THRU-OUT DOWNSTAIRS, WOOD LAMINATE ON SECOND LEVEL. OVER 2600 SF. ONE BEDROOM ON THE FIRST LEVEL, INSIDE LAUNDRY ROOM, GRANITE COUNTERTOPS,STAINLESS STEEL APPLIANCES & WHITE CABINETS. THERE IS A CABANA BATH, A BRAND NEW A/C, ACCORDION SHUTTERS. THE MASTER BEDRM HAS 2 LARGE WALK-INS, A SEPARATE SHOWER & TUB, TOILET CLOSET, 2 SINKS, AS DOES THE CHILDRENS BATHROOM. THE 2 CAR GAR HAS BILT IN STORAGE CLOSETS. THE FENCED BACK PATIO HAS BRICK PAVERS & A BIRD CAGE OVER THE PRIVATE POOL.NEW PUMP EXCELLENT SCHOOLS DON'T MISS THE CLUB WHICH IS INCLUDED IN THE MAINTENANCE & OFFERS LOADS OF ACTIVITIE

6. 2017-12-08
   price $425,000 816-char remark

   Show marketing remark (816 chars)

   $5000.00 CASH BACK TO THE BUYER AT SUCCESSFUL CLOSING. HUGE PRICE REDUCTION LOWEST 5 BEDROOM POOL HOME IN THE FABULOUS COMM OF WINSTON TRAILS. DOUBLE DOOR ENTRY.THIS HOME HAS VAULTED CEILING, TILE THRU-OUT DOWNSTAIRS, WOOD LAMINATE ON SECOND LEVEL. OVER 2600 SF. ONE BEDROOM ON THE FIRST LEVEL, INSIDE LAUNDRY ROOM, GRANITE COUNTERTOPS,STAINLESS STEEL APPLIANCES & WHITE CABINETS. THERE IS A CABANA BATH, A BRAND NEW A/C, ACCORDION SHUTTERS. THE MASTER BEDRM HAS 2 LARGE WALK-INS, A SEPARATE SHOWER & TUB, TOILET CLOSET, 2 SINKS, AS DOES THE CHILDRENS BATHROOM. THE 2 CAR GAR HAS BILT IN STORAGE CLOSETS. THE FENCED BACK PATIO HAS BRICK PAVERS & A BIRD CAGE OVER THE PRIVATE POOL.NEW PUMP EXCELLENT SCHOOLS DON'T MISS THE CLUB WHICH IS INCLUDED IN THE MAINTENANCE & OFFERS LOADS OF ACTIVITIE

7. 2017-12-08
   price $450,000 816-char remark

   Show marketing remark (816 chars)

   $5000.00 CASH BACK TO THE BUYER AT SUCCESSFUL CLOSING. HUGE PRICE REDUCTION LOWEST 5 BEDROOM POOL HOME IN THE FABULOUS COMM OF WINSTON TRAILS. DOUBLE DOOR ENTRY.THIS HOME HAS VAULTED CEILING, TILE THRU-OUT DOWNSTAIRS, WOOD LAMINATE ON SECOND LEVEL. OVER 2600 SF. ONE BEDROOM ON THE FIRST LEVEL, INSIDE LAUNDRY ROOM, GRANITE COUNTERTOPS,STAINLESS STEEL APPLIANCES & WHITE CABINETS. THERE IS A CABANA BATH, A BRAND NEW A/C, ACCORDION SHUTTERS. THE MASTER BEDRM HAS 2 LARGE WALK-INS, A SEPARATE SHOWER & TUB, TOILET CLOSET, 2 SINKS, AS DOES THE CHILDRENS BATHROOM. THE 2 CAR GAR HAS BILT IN STORAGE CLOSETS. THE FENCED BACK PATIO HAS BRICK PAVERS & A BIRD CAGE OVER THE PRIVATE POOL.NEW PUMP EXCELLENT SCHOOLS DON'T MISS THE CLUB WHICH IS INCLUDED IN THE MAINTENANCE & OFFERS LOADS OF ACTIVITIE

8. 2017-10-16
   price $420,000 816-char remark

   Show marketing remark (816 chars)

   $5000.00 CASH BACK TO THE BUYER AT SUCCESSFUL CLOSING. HUGE PRICE REDUCTION LOWEST 5 BEDROOM POOL HOME IN THE FABULOUS COMM OF WINSTON TRAILS. DOUBLE DOOR ENTRY.THIS HOME HAS VAULTED CEILING, TILE THRU-OUT DOWNSTAIRS, WOOD LAMINATE ON SECOND LEVEL. OVER 2600 SF. ONE BEDROOM ON THE FIRST LEVEL, INSIDE LAUNDRY ROOM, GRANITE COUNTERTOPS,STAINLESS STEEL APPLIANCES & WHITE CABINETS. THERE IS A CABANA BATH, A BRAND NEW A/C, ACCORDION SHUTTERS. THE MASTER BEDRM HAS 2 LARGE WALK-INS, A SEPARATE SHOWER & TUB, TOILET CLOSET, 2 SINKS, AS DOES THE CHILDRENS BATHROOM. THE 2 CAR GAR HAS BILT IN STORAGE CLOSETS. THE FENCED BACK PATIO HAS BRICK PAVERS & A BIRD CAGE OVER THE PRIVATE POOL.NEW PUMP EXCELLENT SCHOOLS DON'T MISS THE CLUB WHICH IS INCLUDED IN THE MAINTENANCE & OFFERS LOADS OF ACTIVITIE

9. 2017-10-07
   price $425,000 816-char remark

   Show marketing remark (816 chars)

   $5000.00 CASH BACK TO THE BUYER AT SUCCESSFUL CLOSING. HUGE PRICE REDUCTION LOWEST 5 BEDROOM POOL HOME IN THE FABULOUS COMM OF WINSTON TRAILS. DOUBLE DOOR ENTRY.THIS HOME HAS VAULTED CEILING, TILE THRU-OUT DOWNSTAIRS, WOOD LAMINATE ON SECOND LEVEL. OVER 2600 SF. ONE BEDROOM ON THE FIRST LEVEL, INSIDE LAUNDRY ROOM, GRANITE COUNTERTOPS,STAINLESS STEEL APPLIANCES & WHITE CABINETS. THERE IS A CABANA BATH, A BRAND NEW A/C, ACCORDION SHUTTERS. THE MASTER BEDRM HAS 2 LARGE WALK-INS, A SEPARATE SHOWER & TUB, TOILET CLOSET, 2 SINKS, AS DOES THE CHILDRENS BATHROOM. THE 2 CAR GAR HAS BILT IN STORAGE CLOSETS. THE FENCED BACK PATIO HAS BRICK PAVERS & A BIRD CAGE OVER THE PRIVATE POOL.NEW PUMP EXCELLENT SCHOOLS DON'T MISS THE CLUB WHICH IS INCLUDED IN THE MAINTENANCE & OFFERS LOADS OF ACTIVITIE

10. 2017-09-14
    price $435,000 816-char remark

    Show marketing remark (816 chars)

    $5000.00 CASH BACK TO THE BUYER AT SUCCESSFUL CLOSING. HUGE PRICE REDUCTION LOWEST 5 BEDROOM POOL HOME IN THE FABULOUS COMM OF WINSTON TRAILS. DOUBLE DOOR ENTRY.THIS HOME HAS VAULTED CEILING, TILE THRU-OUT DOWNSTAIRS, WOOD LAMINATE ON SECOND LEVEL. OVER 2600 SF. ONE BEDROOM ON THE FIRST LEVEL, INSIDE LAUNDRY ROOM, GRANITE COUNTERTOPS,STAINLESS STEEL APPLIANCES & WHITE CABINETS. THERE IS A CABANA BATH, A BRAND NEW A/C, ACCORDION SHUTTERS. THE MASTER BEDRM HAS 2 LARGE WALK-INS, A SEPARATE SHOWER & TUB, TOILET CLOSET, 2 SINKS, AS DOES THE CHILDRENS BATHROOM. THE 2 CAR GAR HAS BILT IN STORAGE CLOSETS. THE FENCED BACK PATIO HAS BRICK PAVERS & A BIRD CAGE OVER THE PRIVATE POOL.NEW PUMP EXCELLENT SCHOOLS DON'T MISS THE CLUB WHICH IS INCLUDED IN THE MAINTENANCE & OFFERS LOADS OF ACTIVITIE

11. 2017-08-15
    listed $450,000 Active 816-char remark

    Show marketing remark (816 chars)

    $5000.00 CASH BACK TO THE BUYER AT SUCCESSFUL CLOSING. HUGE PRICE REDUCTION LOWEST 5 BEDROOM POOL HOME IN THE FABULOUS COMM OF WINSTON TRAILS. DOUBLE DOOR ENTRY.THIS HOME HAS VAULTED CEILING, TILE THRU-OUT DOWNSTAIRS, WOOD LAMINATE ON SECOND LEVEL. OVER 2600 SF. ONE BEDROOM ON THE FIRST LEVEL, INSIDE LAUNDRY ROOM, GRANITE COUNTERTOPS,STAINLESS STEEL APPLIANCES & WHITE CABINETS. THERE IS A CABANA BATH, A BRAND NEW A/C, ACCORDION SHUTTERS. THE MASTER BEDRM HAS 2 LARGE WALK-INS, A SEPARATE SHOWER & TUB, TOILET CLOSET, 2 SINKS, AS DOES THE CHILDRENS BATHROOM. THE 2 CAR GAR HAS BILT IN STORAGE CLOSETS. THE FENCED BACK PATIO HAS BRICK PAVERS & A BIRD CAGE OVER THE PRIVATE POOL.NEW PUMP EXCELLENT SCHOOLS DON'T MISS THE CLUB WHICH IS INCLUDED IN THE MAINTENANCE & OFFERS LOADS OF ACTIVITIE

12. 2015-05-28
    soldstatus $362,500
13. 2015-04-02
    historical
14. 2014-08-10
    listed $370,000
15. 2007-02-14
    soldstatus $490,000
16. 2007-02-09
    soldstatus $490,000 743-char remark

    Show marketing remark (743 chars)

    SELLER WILL CREDIT BUYER $10,000 FOR LOAN BUY DOWN OR ONE YEAR'S TAXES/INSURANCE, OR LANDSCAPE ALLOWANCE WITH AN ACCEPTABLE OFFER. NO REASONABLE OFFER WILL BE TURNED DOWN! Fabulous five bedroom, three bathroom home in prime location has huge family room, formal living room, private dining room, gorgeous master bedroom suite with his and hers walk-in closets, plus Roman tub and separate shower. This beautiful home boasts 9-ft ceilings, and a custom pool. There are four bedrooms upstairs with separate mother-in-law/maids quarters downstairs. Perfect home for entertainment, family gatherings and R and R. This great community offers fabulous amenities, including a club house, pool, tennis courts, golf course, tot lots and 24-hr security.

17. 2007-02-01
    historical 743-char remark

    Show marketing remark (743 chars)

    SELLER WILL CREDIT BUYER $10,000 FOR LOAN BUY DOWN OR ONE YEAR'S TAXES/INSURANCE, OR LANDSCAPE ALLOWANCE WITH AN ACCEPTABLE OFFER. NO REASONABLE OFFER WILL BE TURNED DOWN! Fabulous five bedroom, three bathroom home in prime location has huge family room, formal living room, private dining room, gorgeous master bedroom suite with his and hers walk-in closets, plus Roman tub and separate shower. This beautiful home boasts 9-ft ceilings, and a custom pool. There are four bedrooms upstairs with separate mother-in-law/maids quarters downstairs. Perfect home for entertainment, family gatherings and R and R. This great community offers fabulous amenities, including a club house, pool, tennis courts, golf course, tot lots and 24-hr security.

18. 2006-06-30
    listed $515,900 743-char remark

    Show marketing remark (743 chars)

    SELLER WILL CREDIT BUYER $10,000 FOR LOAN BUY DOWN OR ONE YEAR'S TAXES/INSURANCE, OR LANDSCAPE ALLOWANCE WITH AN ACCEPTABLE OFFER. NO REASONABLE OFFER WILL BE TURNED DOWN! Fabulous five bedroom, three bathroom home in prime location has huge family room, formal living room, private dining room, gorgeous master bedroom suite with his and hers walk-in closets, plus Roman tub and separate shower. This beautiful home boasts 9-ft ceilings, and a custom pool. There are four bedrooms upstairs with separate mother-in-law/maids quarters downstairs. Perfect home for entertainment, family gatherings and R and R. This great community offers fabulous amenities, including a club house, pool, tennis courts, golf course, tot lots and 24-hr security.

19. 1998-04-17
    soldstatus $198,300
20. 1997-09-30
    soldstatus $122,400

ⓘ 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: $5,947 · $496/mo
• Projected year-2 tax: $5,947 · $496/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 9/10 Extreme 7 d/yr ≥105°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 · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $57,310
• − Mortgage interest: −$20,726
• − Property taxes: −$5,947
• − Insurance: −$1,850
• − Repairs & maintenance: −$4,585
• − Management: −$4,585
• − HOA: −$1,560
• − Depreciation: −$10,764
• Taxable income: $7,294
• Est. tax owed @ 24.0%: −$1,751
• After-tax cash flow: $10,884/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 — Greenacres

• Score: 69/100
• State rank: #490
• US rank: #9008

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Palm Beach County · 1,438,312 people
• City population: 65,478
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 65,478
• Household income: $73,865
• Rent vs Own: 27.1% rent · 72.9% own
• Severe rent burden: 1466.0

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: Hispanic / Latino 38% Black 29% White 27% Two or more races 11% Asian 4%
• Hispanic origin (detail): Mexican 8% Puerto Rican 6% Cuban 5% Dominican 2%
• Common ancestry: Hispanic 15% Romanian 1% Slovak 1%
• Foreign-born: 39% · Canada, Jamaica, China
• Languages at home: 45% English-only · Spanish 32% French/Haitian/Cajun 17% 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: ▼ -175.33%
• Current HPI: 392.055
• Rent YoY: ▲ 1.33%
• 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

+226.8% since first listed

20 events — show timeline

• 2022-02-26 Pending — MARMLS
• 2021-09-17 Listing Removed — MARMLS
• 2018-02-08 Sold (Public Records) $400,000 Public Records
• 2018-02-01 Sold (MLS) $400,000 Beaches MLS
• 2017-12-29 Pending — Beaches MLS
• 2017-12-08 Price Changed $425,000 Beaches MLS
• 2017-12-08 Price Changed $450,000 Beaches MLS
• 2017-10-16 Price Changed $420,000 Beaches MLS
• 2017-10-07 Price Changed $425,000 Beaches MLS
• 2017-09-14 Price Changed $435,000 Beaches MLS
• 2017-08-15 Listed $450,000 Beaches MLS
• 2015-05-28 Sold (Public Records) $362,500 Public Records
• 2015-04-02 Listing Removed — MARMLS
• 2014-08-10 Listed $370,000 MARMLS
• 2007-02-14 Sold (Public Records) $490,000 Public Records
• 2007-02-09 Sold (MLS) $490,000 Beaches MLS
• 2007-02-01 Listing Removed — Beaches MLS
• 2006-06-30 Listed $515,900 Beaches MLS
• 1998-04-17 Sold (Public Records) $198,300 Public Records
• 1997-09-30 Sold (Public Records) $122,400 Public Records

Property tax history

+0.9%/yr

Latest (2025): $5,947 · +3.0% YoY. Source: county tax records.