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2054 NW 56th St
D+ Composite 49.59
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

2054 NW 56th St · Boca Raton, FL 33496
3 bd · 2.0 ba · 1,925 sqft · SingleFamily public records · 19 Days on market
Built 1987 6,970 sqft lot Est $1384k · 33% under $676/mo HOA · 10% of rent

🖨 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

SPLIT-BEDROOM FLOOR PLANSMOOTH WALLSVAULTED CEILINGSOPEN-CONCEPT LAYOUTSPACIOUS KITCHENWALK-IN CLOSET

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

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 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.
Recommended offer $677,986 (26.7% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  5. 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?
  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
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

5-year hold
IRR
19.9%
Equity multiple
2.61×
Total profit
$418,084
Equity at exit
$833,313
10-year hold
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
3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

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

Break-even rent $8,395
Max offer price $699,586
Occupancy floor

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

AddressBedsBaths SqftRent$/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

  1. 2026-06-02
    status $925,000 Pending 19 DOM
  2. 2026-06-01
    days on market $925,000 Active Under Contract 19 DOM
  3. 2026-05-31
    days on market $925,000 Active Under Contract 18 DOM
  4. 2026-05-24
    historical Active Under Contract
  5. 2026-05-22
    status Active
  6. 2026-05-18
    historical Active Under Contract
  7. 2026-05-13
    listed $925,000 Active
  8. 2024-02-09
    historical
  9. 2024-02-01
    price $650,000
  10. 2023-10-23
    price $690,000
  11. 2023-10-12
    price $720,000
  12. 2023-09-28
    price $740,000
  13. 2023-09-08
    listed $760,000 Active
  14. 2017-01-17
    soldstatus $365,000
  15. 2017-01-06
    soldstatus $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!!

  16. 2016-11-16
    status 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!!

  17. 2016-10-26
    price $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!!

  18. 2016-09-08
    price $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!!

  19. 2016-08-03
    price $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!!

  20. 2016-04-06
    price $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!!

  21. 2016-02-13
    status 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!!

  22. 2016-02-11
    status 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!!

  23. 2016-01-21
    listed $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!!

  24. 2014-11-03
    soldstatus $378,000
  25. 2014-10-20
    soldstatus $378,000 Closed
  26. 2014-09-16
    listed $378,000
  27. 2014-09-16
    historical
  28. 2004-01-05
    soldstatus $355,000
  29. 2003-12-16
    historical
  30. 2003-07-15
    listed $369,000
  31. 2002-01-17
    soldstatus $270,000
  32. 2001-12-27
    soldstatus $270,000
  33. 2001-11-30
    historical
  34. 2001-07-23
    listed $295,000
  35. 1996-08-02
    soldstatus $260,000
  36. 1993-01-27
    soldstatus $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
combined federal + state — saved on this device
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

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

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
16.5% rent · 83.5% 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

Price history

+287.0% since first listed
33 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%/yr

Latest (2025): $8,639 · +26.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…