710 52nd St · West Palm Beach, FL 33407

$305,000

3 bd · 1.0 ba · 1,020 sqft · SingleFamily public records · 151 Days on market

Built 1962 5,097 sqft lot

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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 +26.9/30.0
• DSCR +9.3/10.0
• ARV discount +7.5/15.0
• 1% rule +7.4/10.0
• Schools +4.3/10.0
• Livability +4.1/5.0
• Rent growth +3.3/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome home to an exceptional opportunity with this totally renovated home with NO HOA. This spacious floorplan features a living room, dining area and a fenced yard. Chef's kitchen features classic white cabinets, granite countertops, a tiled backsplash, high hat lighting and stainless-steel appliances. Relax on the patio overlooking the large, fenced yard. Neutral tile throughout (no carpet!), NEW ROOF, NEW A/C, NEW ELECTRICAL PANEL, ALL new windows and doors, and a neutral grey and white color scheme are just a few of the highlights in this totally updated home. Located close to beaches, the marina, the intracoastal, shopping, dining, entertainment, downtown West Palm Beach, and hospitals. SELLER WILL PAY 3% FOR BUYERS CLOSING COSTS

Key facts

• East of i-95
• Washer dryer hookup
• Microwave

Tags

• NO HOA
• EAST OF I-95
• REFRIGERATOR
• MICROWAVE
• CENTRAL AIR
• WASHER DRYER HOOKUP

Property features AI

Exterior

• Parking: Carport with 1 space; Driveway; On-street parking
• Utilities: Public water; Public sewer
• Home design: Single-story; North-facing
• Construction: Block construction; Resale property
• Exterior features: No notable exterior features listed

Interior

• Kitchen: Dishwasher; Electric range; Microwave; Refrigerator
• Flooring: Ceramic tile
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: First-floor entry; Bedroom on main level
• Laundry & utility: Washer hookup; Dryer hookup; Laundry/utility room

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $305k.

Deal economics

• At list price, monthly cash flow is $840 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $305k).
• Recommended offer: $268k (12.0% below list) — sets the bar for market timing.
• Cap rate 9.6% vs local median 3.8% in West Palm Beach — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

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.
• Market conditions: Rents rising (+3.1%/yr); 305 active listings in the ZIP; 28 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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 $3,797/mo this rent would consume 76% of the median local household income ($60k/yr) (locally 2157% 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 $2k of loan paydown is wiped out by about $9k 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.
• At projected returns (-3.0% appreciation + 3.1% rent growth), your $85k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 151 days — a 12% lower offer ($268k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 6y ago; this cycle's ask has dropped $45k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $195k; list at $305k implies a 56% gain — meaningful room to come down on a strong offer.

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 $268,400 (12.0% below list)

Questions for the listing agent

1. It's been on market 151 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1962 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
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: 1.24% ✓
• Cap rate: 9.60%
• Cash-on-cash: 11.81%
• DSCR: 1.53
• GRM: 6.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.08% rent growth · sell at horizon

5-year hold

• IRR: 1.4%
• Equity multiple: 1.05×
• Total profit: $4,502
• Equity at exit: $45,476

10-year hold

• IRR: 11.1%
• Equity multiple: 1.87×
• Total profit: $74,467
• Equity at exit: $26,371

Cash invested: $85,400 (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 33407

• Rents YoY: 3.1%
• Active inventory: 305
• Price-to-rent: 6.7×

Monthly cashflow live

• Estimated rent: $3,797 high
• Mortgage (P&I): −$1,599
• Tax from tax record: −$433 /mo · $5,193/yr
• Insurance: −$127
• HOA: −$0
• Vacancy / Maint / Mgmt: −$797
• Net cashflow: $840

Break-even live

Break-even rent $2,733

Max offer price $305,000

Occupancy floor 73%

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: $76,250
• Closing costs: $9,150
• Reserves months: —
• Total cash needed: —

Rent comps 28 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5101 Spruce Ave West Palm Beach, FL	3.0	3.0	1151	$3,100	$2.69	24d	1	0.24mi
517 55th St West Palm Beach, FL	2.0	2.0	1238	$4,550	$3.68	24d	1	0.26mi
436 51st St West Palm Beach, FL	2.0	1.0	968	$3,750	$3.87	24d	1	0.26mi
424 51st St Unit 426 West Palm Beach, FL	3.0	2.0	1230	$3,500	$2.85	10d	1	0.27mi
510 56th St West Palm Beach, FL	2.0	1.0	1152	$3,800	$3.30	22d	1	0.29mi
5203 N Flagler Dr West Palm Beach, FL	3.0	1.5	1458	$6,000	$4.12	24d	1	0.32mi
5200 N Flagler Dr West Palm Beach, FL	2.0	2.0	1233	$3,375	$2.74	24d	2	0.41mi
5200 N Flagler Dr #2004 West Palm Beach, FL	2.0	2.0	1235	$3,800	$3.08	7d	1	0.41mi
5600 N Flagler Dr West Palm Beach, FL	1.0–3.0	2.0	1192	$6,000	$5.03	20d	8	0.43mi
522 W 2nd St Riviera Beach, FL	3.0	1.0	900	$2,895	$3.22	24d	1	0.52mi
4444 N Flagler Dr West Palm Beach, FL	2.0	2.0	1300	$4,579	$3.52	24d	1	0.56mi
401 42nd St West Palm Beach, FL	3.0	1.0	1100	$4,950	$4.50	24d	1	0.59mi
401 42nd St West Palm Beach, FL	3.0	1.0	1400	$4,950	$3.54	14d	1	0.59mi
701 37th St West Palm Beach, FL	3.0	2.0	1426	$3,600	$2.52	24d	1	0.76mi
619 37th St West Palm Beach, FL	3.0	2.0	1414	$3,350	$2.37	24d	1	0.76mi
436 38th St West Palm Beach, FL	4.0	3.0	1479	$6,500	$4.39	24d	1	0.78mi
636 35th St West Palm Beach, FL	3.0	2.0	1133	$3,500	$3.09	24d	1	0.91mi
306 34th St West Palm Beach, FL	2.0	1.0	1443	$4,650	$3.22	24d	1	1.03mi
3410 Poinsettia Ave West Palm Beach, FL	2.0	1.0	1257	$3,350	$2.67	11d	1	1.04mi
3415 N Flagler Dr West Palm Beach, FL	2.0	2.0	1174	$9,950	$8.48	7d	1	1.09mi
932 31st St West Palm Beach, FL	3.0	2.0	850	$3,000	$3.53	24d	1	1.13mi
517 31st St West Palm Beach, FL	2.0	1.5	1406	$3,150	$2.24	24d	1	1.13mi
933 30th Ct West Palm Beach, FL	3.0	1.5	1085	$3,100	$2.86	24d	1	1.15mi
245 30th St West Palm Beach, FL	2.0	2.0	1271	$9,000	$7.08	24d	1	1.24mi
65 W 16th St Apt 1 Riviera Beach, FL	4.0	2.0	1232	$3,500	$2.84	16d	1	1.24mi
65 W 16th St Apt 1 Riviera Beach, FL	4.0	2.0	1200	$3,500	$2.92	7d	1	1.24mi
230 Colonial Ln Palm Beach, FL	2.0	2.0	1436	$20,000	$13.93	24d	1	1.28mi
1401 W 9th St Riviera Beach, FL	3.0	2.0	1304	$3,200	$2.45	24d	1	1.33mi

Listing history 25 events

1. 2026-06-18
   days on market $305,000 Active 151 DOM
2. 2026-06-17
   days on market $305,000 Active 150 DOM
3. 2026-06-16
   days on market $305,000 Active 149 DOM
4. 2026-06-15
   days on market $305,000 Active 148 DOM
5. 2026-06-13
   days on market $305,000 Active 146 DOM
6. 2026-06-09
   days on market $305,000 Active 142 DOM
7. 2026-06-07
   days on market $305,000 Active 140 DOM
8. 2026-06-04
   days on market $305,000 Active 137 DOM
9. 2026-06-03
   statusdays on market $305,000 Active 136 DOM
10. 2026-05-17
    status Pending
11. 2026-04-16
    historical Active Under Contract
12. 2026-04-14
    price $305,000
13. 2026-04-10
    price $307,500
14. 2026-03-19
    price $310,000
15. 2026-02-26
    price $315,000
16. 2026-02-11
    price $325,000
17. 2026-02-02
    price $330,000
18. 2026-01-20
    price $335,000
19. 2026-01-03
    historical $2,200
20. 2026-01-02
    listed $350,000 Active
21. 2025-10-08
    listed $2,200
22. 2020-12-03
    soldstatus $195,000 Closed 746-char remark

    Show marketing remark (746 chars)

    Welcome home to an exceptional opportunity with this totally renovated home with NO HOA. This spacious floorplan features a living room, dining area and a fenced yard. Chef's kitchen features classic white cabinets, granite countertops, a tiled backsplash, high hat lighting and stainless-steel appliances. Relax on the patio overlooking the large, fenced yard. Neutral tile throughout (no carpet!), NEW ROOF, NEW A/C, NEW ELECTRICAL PANEL, ALL new windows and doors, and a neutral grey and white color scheme are just a few of the highlights in this totally updated home. Located close to beaches, the marina, the intracoastal, shopping, dining, entertainment, downtown West Palm Beach, and hospitals. SELLER WILL PAY 3% FOR BUYERS CLOSING COSTS

23. 2020-10-24
    historical Contingent 746-char remark

    Show marketing remark (746 chars)

    Welcome home to an exceptional opportunity with this totally renovated home with NO HOA. This spacious floorplan features a living room, dining area and a fenced yard. Chef's kitchen features classic white cabinets, granite countertops, a tiled backsplash, high hat lighting and stainless-steel appliances. Relax on the patio overlooking the large, fenced yard. Neutral tile throughout (no carpet!), NEW ROOF, NEW A/C, NEW ELECTRICAL PANEL, ALL new windows and doors, and a neutral grey and white color scheme are just a few of the highlights in this totally updated home. Located close to beaches, the marina, the intracoastal, shopping, dining, entertainment, downtown West Palm Beach, and hospitals. SELLER WILL PAY 3% FOR BUYERS CLOSING COSTS

24. 2020-10-15
    listed $219,000 Active 746-char remark

    Show marketing remark (746 chars)

    Welcome home to an exceptional opportunity with this totally renovated home with NO HOA. This spacious floorplan features a living room, dining area and a fenced yard. Chef's kitchen features classic white cabinets, granite countertops, a tiled backsplash, high hat lighting and stainless-steel appliances. Relax on the patio overlooking the large, fenced yard. Neutral tile throughout (no carpet!), NEW ROOF, NEW A/C, NEW ELECTRICAL PANEL, ALL new windows and doors, and a neutral grey and white color scheme are just a few of the highlights in this totally updated home. Located close to beaches, the marina, the intracoastal, shopping, dining, entertainment, downtown West Palm Beach, and hospitals. SELLER WILL PAY 3% FOR BUYERS CLOSING COSTS

25. 2020-09-01
    soldstatus $70,000

ⓘ 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: $5,193 · $433/mo
• Projected year-2 tax: $5,193 · $433/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 · 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: $45,566
• − Mortgage interest: −$17,085
• − Property taxes: −$5,193
• − Insurance: −$1,525
• − Repairs & maintenance: −$3,645
• − Management: −$3,645
• − Depreciation: −$8,873
• Taxable income: $5,600
• Est. tax owed @ 24.0%: −$1,344
• After-tax cash flow: $8,742/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

• Census place: West Palm Beach, FL
• County: Palm Beach County · 1,438,312 people
• City population: 222,012
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 34,851
• Household income: $59,993
• Rent vs Own: 49.0% rent · 51.0% own
• Severe rent burden: 2157.0

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 0.62)
• Race & ethnicity: Black 54% White 21% Hispanic / Latino 20% Two or more races 13% Asian 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 2% Cuban 2%
• Common ancestry: Hispanic 8% Lithuanian 1% Romanian 1%
• Foreign-born: 26% · Canada, Vietnam, Jamaica
• Languages at home: 72% English-only · Spanish 17% French/Haitian/Cajun 8% Other Indo-European 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: ▼ -299.26%
• Current HPI: 363.3995
• Rent YoY: ▲ 3.08%
• 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

+335.7% since first listed

16 events — show timeline

• 2026-05-17 Pending — MARMLS
• 2026-04-16 Contingent — MARMLS
• 2026-04-14 Price Changed $305,000 MARMLS
• 2026-04-10 Price Changed $307,500 MARMLS
• 2026-03-19 Price Changed $310,000 MARMLS
• 2026-02-26 Price Changed $315,000 MARMLS
• 2026-02-11 Price Changed $325,000 MARMLS
• 2026-02-02 Price Changed $330,000 MARMLS
• 2026-01-20 Price Changed $335,000 MARMLS
• 2026-01-03 Rental Removed $2,200 MARMLS
• 2026-01-02 Listed $350,000 MARMLS
• 2025-10-08 Listed for Rent $2,200 MARMLS
• 2020-12-03 Sold (MLS) $195,000 Beaches MLS
• 2020-10-24 Contingent — Beaches MLS
• 2020-10-15 Listed $219,000 Beaches MLS
• 2020-09-01 Sold (Public Records) $70,000 Public Records

Property tax history

+15.1%/yr

Latest (2025): $5,193 · +7.5% YoY. Source: county tax records.