2054 NW 56th St · Boca Raton, FL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 9/10 · Severe
- Hot days now (above 106°F)
- 7 days/yr
- Hot days in 30 yrs
- 26 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
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).
- ARV discount +15.0/15.0
- Appreciation +10.0/10.0
- Cash flow +7.2/30.0
- Schools +4.3/10.0
- Livability +3.9/5.0
- Rent growth +3.1/5.0
- Condition / age +2.5/5.0
- 1% rule +2.3/10.0
- DSCR +1.4/10.0
$925,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
MOTIVATED, MOTIVATED!!! MAKE AN OFFER WE ARE READY TO SELL! Come and see this beautifully remodeled 2 bedroom plus den, two bath home in the award winning country club at Broken Sound. This home has an open floor plan with the kitchen open to your living space, large 24'' tiles, neutral colors throughout, volume ceilings, lots of light, french doors leading out to your large screened in patio overlooking the pool and fabulous landscaping. Newer roof, 2007, new a/c, pool heater , water heater , & Bosch appliances. All California closets throughout. This home has partial hurricane doors and windows. This is a home in move in condition, do not miss out!!
Key facts
- Smooth walls
- Walk-in closet
- Spacious kitchen
Tags
Property features AI
Finance
- Other: Pets allowed with breed restrictions
- HOA & community: Homeowners association present (Superior Association); Monthly HOA fee; HOA covers cable TV and common areas; Community amenities include clubhouse, fitness center, pool (heated), spa/hot tub, tennis courts, pickleball courts, basketball court, bocce ball, putting green, golf course, jogging path, playground, billiard room, game room, cafe/restaurant, library, maintained community, sidewalks, street lights, gated community, security
Exterior
- Parking: Attached 2-car garage with garage door opener; Driveway; Two covered parking spaces (garage)
- Security: Fire alarm; Smoke detectors; Security patrol; Security gate
- Utilities: Public water; Public sewer; Electricity available; Cable available
- Home design: Single-family residence; One story; Entry-level living area; Northeast facing
- Construction: Built with block, frame, concrete block with stucco (CBS); Concrete and Spanish tile roof
- Exterior features: Covered patio; Open patio; Screened patio; Patio; Back yard fencing with gate; Interior lot; Zero lot line; Private heated in-ground pool
Interior
- Kitchen: Dishwasher; Electric range; Microwave; Refrigerator; Garbage disposal; Electric water heater
- Bedrooms: Three main-level bedrooms
- Flooring: Laminate; Tile
- Bathrooms: Two full bathrooms (both on main level)
- Heating & cooling: Central electric heating; Central air conditioning (electric)
- Interior features: Vaulted ceilings; Walk-in closets; Split bedroom layout; Closet cabinetry; French doors; Blinds on windows
- Laundry & utility: Laundry closet and inside laundry room
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $925k.
Deal economics
- At list price, monthly cash flow is $-1k ($-15k/yr) — negative.
- To cash-flow at today's rent, offer at most $700k (24.4% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $678k (26.7% below list).
- Recommended offer: $678k (26.7% below list) — sets the bar for 1% rule.
- Cap rate 4.6% vs local median 2.7% in Boca Raton — 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 77/100 on livability (#192 in FL, #3,070 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, health & safety A+, crime B+; Watch: amenities D, 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: Calusa Elementary School (math 83% / reading 85%, grade A+, #55 of 2,144 statewide, top 3%, 867 students, 17% FRL); Omni Middle School (math 66% / reading 66%, grade A-, #93 of 571 statewide, top 16%, 1,128 students, 29% FRL); Spanish River Community High School (math 64% / reading 74%, grade B, #63 of 667 statewide, top 10%, 2,578 students, 25% FRL) — zoned schools average 24% FRL vs 52% district-wide (28 pts lower); this property's tenant base skews higher-income than the district average.
- Zoned-school proficiency averages 73% at this address vs 50% district-wide (+24 pts) — the actual schools serving this property are materially stronger than the Palm Beach average implies; a family-tenant draw the district grade alone would hide.
- Market conditions: Rents rising (+2.3%/yr); 330 active listings in the ZIP; 32 comparable units currently listed for rent nearby; rentals at typical pace (median 20d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 3,974 units permitted in Palm Beach County in 2024 (1,012 in 5+ unit buildings).
Forward outlook
- In year one you build about $99k of equity ($6k loan paydown + $92k 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 2, paydown + projected appreciation supports a ~$159k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 19 days — a 2% lower offer ($911k) is reasonable based on typical stale-listing flexibility.
- 8 sale attempts since 25y ago 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 $365k; list at $925k implies a 153% 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→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- 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?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- 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?
- 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.
- 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.
- 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
- 0.73% ✗
- Cap rate
- 4.64%
- Cash-on-cash
- -5.91%
- DSCR
- 0.74
- GRM
- 11.4
CMA / ARV
- ARV (on-the-fly)
- $1,384,075
- Comps found
- 4
Show comp detail 4 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 5495 NW 21st Ave | 0.09mi | 3/2.0 | 1,925 (0%) | 1mo | $1,385,000 | $719 | 95 |
| 5326 NW 21st Ave | 0.18mi | 3/2.0 | 1,748 (-9%) | 1mo | $870,000 | $498 | 75 |
| 5348 NW 20th Ave | 0.16mi | 3/2.0 | 1,748 (-9%) | 3mo | $1,350,000 | $772 | 75 |
| 2187 NW 59th St | 0.26mi | 3/2.5 | 2,104 (+9%) | 2mo | $800,000 | $380 | 69 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
10.0% appreciation · 2.31% rent growth · sell at horizon
- IRR
- 19.9%
- Equity multiple
- 2.61×
- Total profit
- $418,084
- Equity at exit
- $833,313
- IRR
- 18.1%
- Equity multiple
- 5.97×
- Total profit
- $1,286,372
- Equity at exit
- $1,797,072
Cash invested: $259,000 (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
ZIP-level market 33496
- Home prices YoY
- 3.5%
- Rents YoY
- 2.3%
- Active inventory
- 330
- Price-to-rent
- 11.4×
Monthly cashflow live
- Estimated rent
- $6,780 high interval (Pro) →
- Mortgage (P&I)
- −$4,851
- Tax from tax record
- −$720 /mo · $8,639/yr
- Insurance
- −$385
- HOA
- −$676
- Vacancy / Maint / Mgmt
- −$1,424
- Net cashflow
- $-1,276
Break-even live
Sensitivity live
| Price | -10% $-752 | -5% $-1,014 | +0% $-1,276 | +5% $-1,538 | +10% $-1,800 |
|---|---|---|---|---|---|
| Rent | -10% $-1,812 | -5% $-1,544 | +0% $-1,276 | +5% $-1,008 | +10% $-740 |
| Rate | -1.0pp $-810 | -0.5pp $-1,041 | base $-1,276 | +0.5pp $-1,516 | +1.0pp $-1,760 |
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
- $231,250
- Closing costs
- $27,750
- 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 32 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 5555 N Military Trl Boca Raton, FL | 2.0–3.0 | 2.0–3.0 | 1282 | $5,069 | $3.95 | 3d | 21 | 0.16mi |
| 2237 NW 53rd St Boca Raton, FL | 3.0 | 3.5 | 2305 | $25,000 | $10.85 | 26d | 1 | 0.18mi |
| 2093 NW 52nd St Unit 2093 Boca Raton, FL | 3.0 | 2.5 | 1835 | $13,000 | $7.08 | 26d | 1 | 0.22mi |
| 2218 NW 52nd St Boca Raton, FL | 2.0 | 2.5 | 1482 | $13,000 | $8.77 | 26d | 1 | 0.23mi |
| 2011 NW 53rd St Boca Raton, FL | 3.0 | 2.5 | 2461 | $11,000 | $4.47 | 14d | 1 | 0.25mi |
| 2034 NW 52nd St Boca Raton, FL | 2.0 | 2.5 | 1527 | $12,000 | $7.86 | 26d | 1 | 0.27mi |
| 5500 N Military Trl Boca Raton, FL | 1.0–3.0 | 1.0–2.0 | 1053 | $5,619 | $5.33 | 1d | 26 | 0.35mi |
| 6503 N Military Trl Boca Raton, FL | 1.0–2.0 | 1.0–2.0 | 1155 | $3,211 | $2.78 | 1d | 51 | 0.46mi |
| 5801 NW 24th Ave #1001 Boca Raton, FL | 3.0 | 2.5 | 1957 | $13,000 | $6.64 | 18d | 1 | 0.61mi |
| 2431 NW 59th St #404 Boca Raton, FL | 3.0 | 2.5 | 1957 | $10,000 | $5.11 | 26d | 1 | 0.68mi |
| 5025 NW 16th Way Boca Raton, FL | 2.0 | 2.5 | 1354 | $3,300 | $2.44 | 6d | 1 | 0.74mi |
| 4872 NW 16th Ter Boca Raton, FL | 3.0 | 2.5 | 2008 | $4,500 | $2.24 | 19d | 1 | 0.75mi |
| 1428 NW 50th Dr Boca Raton, FL | 3.0 | 3.0 | 1839 | $4,300 | $2.34 | 5d | 1 | 0.81mi |
| 2464 NW 66th Dr Boca Raton, FL | 3.0 | 3.5 | 2568 | $10,000 | $3.89 | 26d | 1 | 0.92mi |
| 5400 Broken Sound Blvd NW Boca Raton, FL | 1.0–3.0 | 1.0–2.0 | 1330 | $6,902 | $5.19 | 0d | 11 | 0.97mi |
| 2485 NW 66th Dr Boca Raton, FL | 3.0 | 2.5 | 2472 | $9,500 | $3.84 | 26d | 1 | 0.99mi |
| 2485 NW 66th Dr Boca Raton, FL | 3.0 | 2.5 | 2472 | $9,500 | $3.84 | 12d | 1 | 0.99mi |
| 5500 Broken Sound Blvd NW Boca Raton, FL | 1.0–3.0 | 1.0–3.0 | 1258 | $4,688 | $3.73 | 0d | 25 | 1.02mi |
| 4695 Brandywine Dr Boca Raton, FL | 3.0 | 3.0 | 1974 | $4,750 | $2.41 | 26d | 1 | 1.12mi |
| 2771 NW 49th St Boca Raton, FL | 4.0 | 3.0 | 2596 | $6,195 | $2.39 | 19d | 1 | 1.19mi |
| 2683 NW 45th St Boca Raton, FL | 4.0 | 2.5 | 2371 | $6,750 | $2.85 | 6d | 1 | 1.19mi |
| 850 Broken Sound Pkwy NW Boca Raton, FL | 3.0 | 1.0–2.0 | 1318 | $5,195 | $3.94 | 4d | 1 | 1.19mi |
| 3210 NW 23rd Ter Boca Raton, FL | 3.0 | 2.0 | 1742 | $6,300 | $3.62 | 26d | 1 | 1.22mi |
| 17768 Maplewood Dr Boca Raton, FL | 4.0 | 2.0 | 2123 | $5,200 | $2.45 | 24d | 1 | 1.29mi |
| 2411 NW 31st St Boca Raton, FL | 3.0 | 2.0 | 1777 | $5,800 | $3.26 | 0d | 1 | 1.32mi |
| 2411 NW 31st St Boca Raton, FL | 3.0 | 2.0 | 1777 | $5,800 | $3.26 | 26d | 1 | 1.32mi |
| 3509 NW 25th Way Boca Raton, FL | 3.0 | 2.0 | 1427 | $5,200 | $3.64 | 26d | 1 | 1.34mi |
| 2598 NW 36th St Boca Raton, FL | 3.0 | 2.0 | 1800 | $4,900 | $2.72 | 26d | 1 | 1.36mi |
| 3289 NW 25th Way Boca Raton, FL | 3.0 | 2.0 | 1622 | $4,500 | $2.77 | 26d | 1 | 1.41mi |
| 3289 NW 25th Way Unit 3289 Boca Raton, FL | 3.0 | 2.0 | 1622 | $4,500 | $2.77 | 18d | 1 | 1.41mi |
| 5205 Congress Ave Boca Raton, FL | 1.0–3.0 | 1.0–2.0 | 1078 | $4,820 | $4.47 | 0d | 16 | 1.41mi |
| 3509 NW 26th Ct Boca Raton, FL | 3.0 | 3.0 | 1804 | $5,100 | $2.83 | 19d | 1 | 1.43mi |
HOA detail
- Monthly dues
- $676 · $8,112/yr
- Likely covers
- waterlandscapingpool
Listing history 36 events
-
2026-06-02status $925,000 Pending 19 DOM
-
2026-06-01days on market $925,000 Active Under Contract 19 DOM
-
2026-05-31days on market $925,000 Active Under Contract 18 DOM
-
2026-05-24historical Active Under Contract
-
2026-05-22status Active
-
2026-05-18historical Active Under Contract
-
2026-05-13$925,000 Active
-
2024-02-09historical
-
2024-02-01price $650,000
-
2023-10-23price $690,000
-
2023-10-12price $720,000
-
2023-09-28price $740,000
-
2023-09-08$760,000 Active
-
2017-01-17soldstatus $365,000
-
2017-01-06soldstatus $365,000 Closed 676-char remark
Show marketing remark (676 chars)
MOTIVATED, MOTIVATED!!! MAKE AN OFFER WE ARE READY TO SELL! Come and see this beautifully remodeled 2 bedroom plus den, two bath home in the award winning country club at Broken Sound. This home has an open floor plan with the kitchen open to your living space, large 24'' tiles, neutral colors throughout, volume ceilings, lots of light, french doors leading out to your large screened in patio overlooking the pool and fabulous landscaping. Newer roof, 2007, new a/c, pool heater , water heater , & Bosch appliances. All California closets throughout. This home has partial hurricane doors and windows. This is a home in move in condition, do not miss out!!
-
2016-11-16status Pending 676-char remark
Show marketing remark (676 chars)
MOTIVATED, MOTIVATED!!! MAKE AN OFFER WE ARE READY TO SELL! Come and see this beautifully remodeled 2 bedroom plus den, two bath home in the award winning country club at Broken Sound. This home has an open floor plan with the kitchen open to your living space, large 24'' tiles, neutral colors throughout, volume ceilings, lots of light, french doors leading out to your large screened in patio overlooking the pool and fabulous landscaping. Newer roof, 2007, new a/c, pool heater , water heater , & Bosch appliances. All California closets throughout. This home has partial hurricane doors and windows. This is a home in move in condition, do not miss out!!
-
2016-10-26price $389,000 676-char remark
Show marketing remark (676 chars)
MOTIVATED, MOTIVATED!!! MAKE AN OFFER WE ARE READY TO SELL! Come and see this beautifully remodeled 2 bedroom plus den, two bath home in the award winning country club at Broken Sound. This home has an open floor plan with the kitchen open to your living space, large 24'' tiles, neutral colors throughout, volume ceilings, lots of light, french doors leading out to your large screened in patio overlooking the pool and fabulous landscaping. Newer roof, 2007, new a/c, pool heater , water heater , & Bosch appliances. All California closets throughout. This home has partial hurricane doors and windows. This is a home in move in condition, do not miss out!!
-
2016-09-08price $399,000 676-char remark
Show marketing remark (676 chars)
MOTIVATED, MOTIVATED!!! MAKE AN OFFER WE ARE READY TO SELL! Come and see this beautifully remodeled 2 bedroom plus den, two bath home in the award winning country club at Broken Sound. This home has an open floor plan with the kitchen open to your living space, large 24'' tiles, neutral colors throughout, volume ceilings, lots of light, french doors leading out to your large screened in patio overlooking the pool and fabulous landscaping. Newer roof, 2007, new a/c, pool heater , water heater , & Bosch appliances. All California closets throughout. This home has partial hurricane doors and windows. This is a home in move in condition, do not miss out!!
-
2016-08-03price $409,000 676-char remark
Show marketing remark (676 chars)
MOTIVATED, MOTIVATED!!! MAKE AN OFFER WE ARE READY TO SELL! Come and see this beautifully remodeled 2 bedroom plus den, two bath home in the award winning country club at Broken Sound. This home has an open floor plan with the kitchen open to your living space, large 24'' tiles, neutral colors throughout, volume ceilings, lots of light, french doors leading out to your large screened in patio overlooking the pool and fabulous landscaping. Newer roof, 2007, new a/c, pool heater , water heater , & Bosch appliances. All California closets throughout. This home has partial hurricane doors and windows. This is a home in move in condition, do not miss out!!
-
2016-04-06price $429,000 676-char remark
Show marketing remark (676 chars)
MOTIVATED, MOTIVATED!!! MAKE AN OFFER WE ARE READY TO SELL! Come and see this beautifully remodeled 2 bedroom plus den, two bath home in the award winning country club at Broken Sound. This home has an open floor plan with the kitchen open to your living space, large 24'' tiles, neutral colors throughout, volume ceilings, lots of light, french doors leading out to your large screened in patio overlooking the pool and fabulous landscaping. Newer roof, 2007, new a/c, pool heater , water heater , & Bosch appliances. All California closets throughout. This home has partial hurricane doors and windows. This is a home in move in condition, do not miss out!!
-
2016-02-13status Active 676-char remark
Show marketing remark (676 chars)
MOTIVATED, MOTIVATED!!! MAKE AN OFFER WE ARE READY TO SELL! Come and see this beautifully remodeled 2 bedroom plus den, two bath home in the award winning country club at Broken Sound. This home has an open floor plan with the kitchen open to your living space, large 24'' tiles, neutral colors throughout, volume ceilings, lots of light, french doors leading out to your large screened in patio overlooking the pool and fabulous landscaping. Newer roof, 2007, new a/c, pool heater , water heater , & Bosch appliances. All California closets throughout. This home has partial hurricane doors and windows. This is a home in move in condition, do not miss out!!
-
2016-02-11status Pending 676-char remark
Show marketing remark (676 chars)
MOTIVATED, MOTIVATED!!! MAKE AN OFFER WE ARE READY TO SELL! Come and see this beautifully remodeled 2 bedroom plus den, two bath home in the award winning country club at Broken Sound. This home has an open floor plan with the kitchen open to your living space, large 24'' tiles, neutral colors throughout, volume ceilings, lots of light, french doors leading out to your large screened in patio overlooking the pool and fabulous landscaping. Newer roof, 2007, new a/c, pool heater , water heater , & Bosch appliances. All California closets throughout. This home has partial hurricane doors and windows. This is a home in move in condition, do not miss out!!
-
2016-01-21$479,000 Active 676-char remark
Show marketing remark (676 chars)
MOTIVATED, MOTIVATED!!! MAKE AN OFFER WE ARE READY TO SELL! Come and see this beautifully remodeled 2 bedroom plus den, two bath home in the award winning country club at Broken Sound. This home has an open floor plan with the kitchen open to your living space, large 24'' tiles, neutral colors throughout, volume ceilings, lots of light, french doors leading out to your large screened in patio overlooking the pool and fabulous landscaping. Newer roof, 2007, new a/c, pool heater , water heater , & Bosch appliances. All California closets throughout. This home has partial hurricane doors and windows. This is a home in move in condition, do not miss out!!
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2014-11-03soldstatus $378,000
-
2014-10-20soldstatus $378,000 Closed
-
2014-09-16$378,000
-
2014-09-16historical
-
2004-01-05soldstatus $355,000
-
2003-12-16historical
-
2003-07-15$369,000
-
2002-01-17soldstatus $270,000
-
2001-12-27soldstatus $270,000
-
2001-11-30historical
-
2001-07-23$295,000
-
1996-08-02soldstatus $260,000
-
1993-01-27soldstatus $239,000
ⓘ 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
- $8,639 · $720/mo
- Projected year-2 tax
- $8,639 · $720/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 ≥106°F today · 26 d/yr by 30 yrs out
- Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
- Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 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
- $81,358
- − Mortgage interest
- −$51,814
- − Property taxes
- −$8,639
- − Insurance
- −$4,625
- − Repairs & maintenance
- −$6,509
- − Management
- −$6,509
- − HOA
- −$8,112
- − Depreciation
- −$26,909
- Taxable loss
- −$31,758
- Est. tax savings @ 24.0%
- +$7,622
- After-tax cash flow
- $-7,690/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 — Boca Raton
- Score
- 77/100
- State rank
- #192
- US rank
- #3070
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Boca Raton, FL
- County
- Palm Beach County · 1,438,312 people
- City population
- 250,102
- Metro
- Miami-Fort Lauderdale-Pompano Beach, FL
- Population (ZIP)
- 26,579
- Household income
- $114,885
- Rent vs Own
- Severe rent burden
- 464.0
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 (79%)
- Race & ethnicity
- White 79% Hispanic / Latino 11% Two or more races 8% Asian 5% Black 2%
- Hispanic origin (detail)
- Puerto Rican 3%
- Common ancestry
- Scotch-Irish 13% Romanian 9% Italian 3%
- Foreign-born
- 24% · Canada, Jamaica, Dominican Republic
- Languages at home
- 75% English-only · Spanish 9% Other Indo-European 5% Russian/Polish/Slavic 4%
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
- ▲ 10.48%
- Current HPI
- 313.9058
- Rent YoY
- ▲ 2.31%
- 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 |
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| Insurance | 2 | $17B |
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| Retail | 1 | $60B |
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| Technology Distribution | 1 | $58B |
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| Homebuilding | 1 | $35B |
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| Technology Manufacturing | 1 | $35B |
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Price history
+287.0% since first listed33 events — show timeline
- 2026-05-24 Contingent — Beaches MLS
- 2026-05-22 Relisted — Beaches MLS
- 2026-05-18 Contingent — Beaches MLS
- 2026-05-13 Listed $925,000 Beaches MLS
- 2024-02-09 Listing Removed — Beaches MLS
- 2024-02-01 Price Changed $650,000 Beaches MLS
- 2023-10-23 Price Changed $690,000 Beaches MLS
- 2023-10-12 Price Changed $720,000 Beaches MLS
- 2023-09-28 Price Changed $740,000 Beaches MLS
- 2023-09-08 Listed $760,000 Beaches MLS
- 2017-01-17 Sold (Public Records) $365,000 Public Records
- 2017-01-06 Sold (MLS) $365,000 Beaches MLS
- 2016-11-16 Pending — Beaches MLS
- 2016-10-26 Price Changed $389,000 Beaches MLS
- 2016-09-08 Price Changed $399,000 Beaches MLS
- 2016-08-03 Price Changed $409,000 Beaches MLS
- 2016-04-06 Price Changed $429,000 Beaches MLS
- 2016-02-13 Relisted — Beaches MLS
- 2016-02-11 Pending — Beaches MLS
- 2016-01-21 Listed $479,000 Beaches MLS
- 2014-11-03 Sold (Public Records) $378,000 Public Records
- 2014-10-20 Sold (MLS) $378,000 Beaches MLS
- 2014-09-16 Listing Removed — Beaches MLS
- 2014-09-16 Listed $378,000 Beaches MLS
- 2004-01-05 Sold (Public Records) $355,000 Public Records
- 2003-12-16 Listing Removed — Beaches MLS
- 2003-07-15 Listed $369,000 Beaches MLS
- 2002-01-17 Sold (Public Records) $270,000 Public Records
- 2001-12-27 Sold (MLS) $270,000 Beaches MLS
- 2001-11-30 Listing Removed — Beaches MLS
- 2001-07-23 Listed $295,000 Beaches MLS
- 1996-08-02 Sold (Public Records) $260,000 Public Records
- 1993-01-27 Sold (Public Records) $239,000 Public Records
Property tax history
+6.8%/yrLatest (2025): $8,639 · +26.8% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…