470 Executive Center Dr Unit 2D · West Palm Beach, 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 10/10 · Severe
- Hot days now (above 105°F)
- 7 days/yr
- Hot days in 30 yrs
- 25 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 1 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 +11.7/15.0
- 1% rule +7.5/10.0
- Cash flow +6.2/30.0
- Livability +4.1/5.0
- Rent growth +3.8/5.0
- Condition / age +3.8/5.0
- Schools +2.6/10.0
- DSCR +0.5/10.0
- Appreciation +0.0/10.0
$140,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Well-maintained 1-bedroom, 1-bath condo in a gated community in West Palm Beach. This bright unit features tile flooring throughout, an open living/dining area, and a private balcony with lake views. Kitchen offers ample cabinet space and overlooks the living area. Community amenities include a pool, tennis courts, fitness center, clubhouse, and walking paths. Conveniently located near I-95, shopping, dining, downtown West Palm Beach, PBI Airport, and beaches. Tenants in place unti 04/16/2027.
Key facts
- Gated community
- Lake views
- Private balcony
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/1.0-bath condo listed at $140k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-254 ($-3k/yr) — negative.
- To cash-flow at today's rent, offer at most $95k (32.0% below list).
- Meets the 1% rule at list price ($2k rent vs $140k).
- Recommended offer: $95k (32.0% below list) — sets the bar for cash-flow.
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.
- Zoned schools: Westward Elementary School (math 30% / reading 29%, grade F, #1,896 of 2,144 statewide, top 90%, 500 students, 81% FRL); Bear Lakes Middle School (math 19% / reading 33%, grade F, #506 of 571 statewide, top 89%, 842 students, 74% FRL); Palm Beach Lakes High School (math 17% / reading 26%, grade F, #546 of 667 statewide, top 82%, 2,688 students, 70% FRL) — zoned schools average 75% FRL vs 52% district-wide (23 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Zoned-school proficiency averages 26% at this address vs 50% district-wide (-24 pts) — the specific schools serving this property underperform the Palm Beach average; the district grade overstates school quality for this exact location.
- Market conditions: Rents rising fast (+5.2%/yr); 722 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); 3,974 units permitted in Palm Beach County in 2024 (1,012 in 5+ unit buildings).
- This rent runs 31% of the median local income ($68k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $968 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
- Palm Beach County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 194 days — a 12% lower offer ($123k) is reasonable based on typical stale-listing flexibility.
- 12 sale attempts since 12y 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 $99k; 41% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Watch-outs: HOA is 37% of rent.
- 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.
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?
- It's been on market 194 days. Have you received any prior offers? Is the seller open to a 32% concession, seller financing, or rate buy-down credit?
- Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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 apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.25% ✓
- Cap rate
- 4.12%
- Cash-on-cash
- -7.77%
- DSCR
- 0.65
- GRM
- 6.7
CMA / ARV
- ARV (median comp)
- $154,334
- List price
- $140,000
- Delta
- -9.29%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 631 Executive Center Dr Unit K104 | 0.26mi | 1/1.0 | 627 (-11%) | 2mo | $155,000 | $247 | 68 |
| 614 Executive Center Dr #102 | 0.18mi | 2/2.0 (+1) | 770 (+9%) | 3mo | $202,500 | $263 | 65 |
| 651 Okeechobee Blvd #1006 | 1.29mi | 1/1.0 | 706 (+0%) | 3mo | $325,000 | $460 | 62 |
| 550 Okeechobee Blvd #1721 | 1.42mi | 1/1.0 | 755 (+7%) | 2mo | $480,000 | $636 | 51 |
| 550 Okeechobee Blvd #1421 | 1.42mi | 1/1.0 | 755 (+7%) | 3mo | $460,000 | $609 | 51 |
| 300 S Australian Ave #809 | 0.83mi | 1/1.0 | 757 (+8%) | 2mo | $370,000 | $489 | 50 |
| 1700 N Congress #302 | 1.27mi | 1/1.0 | 775 (+10%) | 1mo | $150,000 | $194 | 47 |
| 1900 N Congress Ave #403 | 1.49mi | 1/1.0 | 775 (+10%) | 2mo | $135,000 | $174 | 47 |
| 300 S Australian Ave #1603 | 0.83mi | 1/1.0 | 774 (+10%) | 2mo | $315,000 | $407 | 46 |
| 630 S Sapodilla Ave S #411 | 1.20mi | 1/1.0 | 800 (+14%) | 0mo | $348,000 | $435 | 42 |
| 508 Beech Rd | 1.46mi | 2/1.0 (+1) | 800 (+14%) | 2mo | $350,000 | $438 | 36 |
| 1820 N Congress Ave #305 | 1.42mi | 2/1.0 (+1) | 850 (+21%) | 1mo | $128,000 | $151 | 34 |
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 · 5.15% rent growth · sell at horizon
- IRR
- -25.1%
- Equity multiple
- 0.12×
- Total profit
- $-34,574
- Equity at exit
- $20,874
- IRR
- -12.0%
- Equity multiple
- 0.17×
- Total profit
- $-32,648
- Equity at exit
- $12,105
Cash invested: $39,200 (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
Active competition Active MLS
- For sale now
- 3 active · 4 under contract
- Median asking
- $215,000 ($295/sqft)
- Median days on market
- 88 d
- This list price
- lowest-priced of the active set
- ARV vs active asking
- -25.8% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 33401
- Rents YoY
- 5.2%
- Active inventory
- 722
- Price-to-rent
- 6.7×
Monthly cashflow live
- Estimated rent
- $1,744 high interval (Pro) →
- Mortgage (P&I)
- −$734
- Tax from tax record
- −$188 /mo · $2,258/yr
- Insurance
- −$58
- HOA
- −$651
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$366
- Net cashflow
- $-254
Break-even live
Sensitivity live
| Price | -10% $-175 | -5% $-214 | +0% $-254 | +5% $-294 | +10% $-333 |
|---|---|---|---|---|---|
| Rent | -10% $-392 | -5% $-323 | +0% $-254 | +5% $-185 | +10% $-116 |
| Rate | -1.0pp $-183 | -0.5pp $-218 | base $-254 | +0.5pp $-290 | +1.0pp $-327 |
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
- $35,000
- Closing costs
- $4,200
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 480 Executive Center Dr West Palm Beach, FL | 1.0–2.0 | 1.0–2.0 | 805 | $1,595 | $1.98 | 35d | 2 | 0.06mi |
| 480 Executive Center Dr West Palm Beach, FL | 1.0–2.0 | 1.0–2.0 | 805 | $1,595 | $1.98 | 22d | 2 | 0.06mi |
| 500 Executive Center Dr West Palm Beach, FL | 1.0–2.0 | 1.0–2.0 | 918 | $1,570 | $1.71 | 15d | 3 | 0.11mi |
| 401 Executive Center Dr West Palm Beach, FL | 1.0–3.0 | 1.0–2.0 | 899 | $1,595 | $1.77 | 5d | 10 | 0.14mi |
| 700 Executive Center Dr West Palm Beach, FL | 1.0 | 1.0 | 588 | $1,675 | $2.85 | 35d | 2 | 0.21mi |
| 700 Executive Center Dr West Palm Beach, FL | 1.0 | 1.0 | 588 | $1,612 | $2.74 | 3d | 2 | 0.21mi |
| 706 Executive Center Dr #26 West Palm Beach, FL | 2.0 | 2.0 | 728 | $1,825 | $2.51 | 3d | 1 | 0.22mi |
| 706 Executive Center Dr #24 West Palm Beach, FL | 2.0 | 2.0 | 728 | $1,850 | $2.54 | 35d | 1 | 0.22mi |
| 708 Executive Center Dr #210 West Palm Beach, FL | 1.0 | 1.0 | 527 | $1,600 | $3.04 | 3d | 1 | 0.23mi |
| 708 Executive Center Dr #12 West Palm Beach, FL | 1.0 | 1.0 | 527 | $1,495 | $2.84 | 22d | 1 | 0.23mi |
| 724 Executive Center Dr West Palm Beach, FL | 2.0 | 2.0 | 789 | $1,875 | $2.38 | 35d | 2 | 0.25mi |
| 718 Executive Center Dr Unit -1 West Palm Beach, FL | 1.0 | 1.0 | 650 | $1,525 | $2.35 | 3d | 1 | 0.25mi |
| 718 Executive Center Dr Unit -1 West Palm Beach, FL | 1.0 | 1.0 | 650 | $1,525 | $2.35 | 14d | 1 | 0.25mi |
| 718 Executive Center Dr #36 West Palm Beach, FL | 1.0 | 1.0 | 728 | $1,525 | $2.09 | 22d | 1 | 0.25mi |
| 724 Executive Center Dr #36 West Palm Beach, FL | 2.0 | 2.0 | 728 | $1,850 | $2.54 | 22d | 1 | 0.25mi |
| 714 Executive Center Dr #14 West Palm Beach, FL | 1.0 | 1.0 | 650 | $1,650 | $2.54 | 22d | 1 | 0.25mi |
| 710 Executive Center Dr West Palm Beach, FL | 1.0 | 1.0 | 550 | $1,699 | $3.09 | 3d | 1 | 0.25mi |
| 728 Executive Center Dr #110 West Palm Beach, FL | 1.0 | 1.0 | 728 | $1,550 | $2.13 | 22d | 1 | 0.26mi |
| 728 Executive Center Dr #110 West Palm Beach, FL | 1.0 | 1.0 | 650 | $1,600 | $2.46 | 35d | 1 | 0.26mi |
| 752 Executive Center Dr West Palm Beach, FL | 1.0 | 1.0 | 689 | $1,572 | $2.28 | 35d | 1 | 0.30mi |
| 752 Executive Center Dr West Palm Beach, FL | 1.0 | 1.0 | 689 | $1,572 | $2.28 | 3d | 4 | 0.30mi |
| 645 Executive Center Dr Unit R205 West Palm Beach, FL | 1.0 | 1.0 | 627 | $1,675 | $2.67 | 35d | 1 | 0.31mi |
| 645 Executive Center Dr Unit R205 West Palm Beach, FL | 1.0 | 1.0 | 627 | $1,675 | $2.67 | 3d | 1 | 0.31mi |
| 645 Executive Center Dr Unit R107 West Palm Beach, FL | 1.0 | 1.0 | 627 | $1,650 | $2.63 | 3d | 1 | 0.31mi |
| 635 Executive Center Dr West Palm Beach, FL | 1.0 | 1.0 | 627 | $1,650 | $2.63 | 3d | 1 | 0.32mi |
| 760 Executive Center Dr #32 West Palm Beach, FL | 2.0 | 2.0 | 728 | $1,750 | $2.40 | 3d | 1 | 0.32mi |
| 330 N Ware Dr West Palm Beach, FL | 1.0 | 1.0 | 378 | $1,350 | $3.57 | 3d | 1 | 0.32mi |
| 637 Executive Center Dr Unit N103 West Palm Beach, FL | 1.0 | 1.0 | 627 | $1,550 | $2.47 | 35d | 1 | 0.32mi |
| 235 Courtney Lakes Cir Unit 235 West Palm Beach, FL | 1.0 | 1.0 | 615 | $1,250 | $2.03 | 3d | 1 | 0.39mi |
| 1326 8th St West Palm Beach, FL | — | 1.0 | 704 | $2,100 | $2.98 | 57d | 1 | 0.70mi |
| 201 Clearwater Dr West Palm Beach, FL | 2.0 | 1.0–2.0 | 731 | $4,365 | $5.97 | 133d | 16 | 0.85mi |
| 201 Clearwater Dr West Palm Beach, FL | 1.0 | 1.0 | 587 | $3,438 | $5.85 | 0d | 5 | 0.85mi |
| 616 Clearwater Park Rd West Palm Beach, FL | 1.0–2.0 | 1.0–2.0 | 920 | $2,399 | $2.61 | 36d | 5 | 0.94mi |
| 304 N Tamarind Ave West Palm Beach, FL | 2.0 | 1.0 | 725 | $1,800 | $2.48 | 3d | 1 | 0.96mi |
| 919 2nd St West Palm Beach, FL | — | 1.0 | 625 | $1,500 | $2.40 | 35d | 1 | 0.97mi |
| 919 2nd St Unit 1 West Palm Beach, FL | — | 1.0 | 500 | $1,400 | $2.80 | 3d | 1 | 0.97mi |
| 916 4th St Unit 4 West Palm Beach, FL | 2.0 | 1.0 | 645 | $1,595 | $2.47 | 22d | 1 | 0.98mi |
| 916 4th St Unit 4 West Palm Beach, FL | 2.0 | 1.0 | 645 | $1,545 | $2.40 | 3d | 1 | 0.98mi |
| 1638 Embassy Dr West Palm Beach, FL | 1.0–2.0 | 1.0–2.0 | 809 | $1,600 | $1.98 | 3d | 2 | 1.01mi |
| 817 2nd St Unit 4 West Palm Beach, FL | 2.0 | 1.0 | 623 | $1,600 | $2.57 | 3d | 1 | 1.04mi |
Property features AI
Finance
- Other
- Annual tax amount listed (excluded from features summary)
- Financial info
- Pets are not allowed
- HOA & community
- Monthly association fee of $651Association includes common areas, water, sewer and trashCommunity amenities include elevator(s) and fitness center
Exterior
- Parking
- Assigned parkingGuest parkingOne assigned space
- Security
- Complex fencedSmoke detector(s)
- Utilities
- Water included in associationSewer included in associationTrash included in associationElectric service (central systems)
- Home design
- Condo/Apartment with property attached5-story buildingEntry on level 2Faces southwest
- Construction
- Block constructionResale property
- Exterior features
- BalconyOpen balcony/patioComplex is fencedSmoke detectorsLakefront waterfrontHas view (southwest)
Interior
- Kitchen
- DishwasherElectric rangeRefrigerator
- Bedrooms
- Bedroom on main level
- Flooring
- Tile
- Bathrooms
- 1 full bathroom
- Heating & cooling
- Central heating (electric)Central air conditioning (electric)
- Interior features
- UnfurnishedBedroom on main levelLiving/dining room
- Laundry & utility
- Electric water heater
HOA detail $651/mo · $7,812/yr condo
- Likely covers
- poolgymsecurity
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-11-08days on market $140,000 Active 194 DOM
-
2026-11-07days on market $140,000 Active 193 DOM
-
2026-11-07days on market $140,000 Active 192 DOM
-
2026-11-05days on market $140,000 Active 191 DOM
-
2026-11-04days on market $140,000 Active 190 DOM
-
2026-11-02days on market $140,000 Active 188 DOM
-
2026-11-01days on market $140,000 Active 187 DOM
-
2026-10-31days on market $140,000 Active 186 DOM
-
2026-10-30days on market $140,000 Active 185 DOM
-
2026-10-29days on market $140,000 Active 184 DOM
-
2026-10-28days on market $140,000 Active 183 DOM
-
2026-10-27days on market $140,000 Active 182 DOM
-
2026-10-26days on market $140,000 Active 181 DOM
-
2026-10-26days on market $140,000 Active 180 DOM
-
2026-10-24days on market $140,000 Active 179 DOM
-
2026-10-23days on market $140,000 Active 178 DOM
-
2026-10-22days on market $140,000 Active 177 DOM
-
2026-10-21days on market $140,000 Active 176 DOM
-
2026-10-20days on market $140,000 Active 175 DOM
-
2026-10-19days on market $140,000 Active 174 DOM
-
2026-10-18days on market $140,000 Active 173 DOM
-
2026-10-17days on market $140,000 Active 172 DOM
-
2026-10-16days on market $140,000 Active 171 DOM
-
2026-10-15days on market $140,000 Active 170 DOM
-
2026-10-14days on market $140,000 Active 169 DOM
-
2026-10-13days on market $140,000 Active 168 DOM
-
2026-10-12days on market $140,000 Active 167 DOM
-
2026-10-11days on market $140,000 Active 166 DOM
-
2026-10-10days on market $140,000 Active 165 DOM
-
2026-10-09days on market $140,000 Active 164 DOM
-
2026-10-08days on market $140,000 Active 163 DOM
-
2026-10-07days on market $140,000 Active 162 DOM
-
2026-10-06days on market $140,000 Active 161 DOM
-
2026-10-05days on market $140,000 Active 160 DOM
-
2026-10-04days on market $140,000 Active 159 DOM
-
2026-10-04days on market $140,000 Active 158 DOM
-
2026-10-02days on market $140,000 Active 157 DOM
-
2026-10-01days on market $140,000 Active 156 DOM
-
2026-09-30days on market $140,000 Active 155 DOM
-
2026-09-29days on market $140,000 Active 154 DOM
-
2026-09-28days on market $140,000 Active 153 DOM
-
2026-09-27days on market $140,000 Active 152 DOM
-
2026-09-25days on market $140,000 Active 150 DOM
-
2026-09-24days on market $140,000 Active 149 DOM
-
2026-09-23days on market $140,000 Active 148 DOM
-
2026-09-22days on market $140,000 Active 147 DOM
-
2026-09-21days on market $140,000 Active 146 DOM
-
2026-09-20days on market $140,000 Active 145 DOM
-
2026-09-18days on market $140,000 Active 143 DOM
-
2026-09-17days on market $140,000 Active 142 DOM
ⓘ 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
- $2,258 · $188/mo
- Projected year-2 tax
- $2,258 · $188/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 1 unhealthy d/yr today · 1 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
- $20,927
- − Mortgage interest
- −$7,842
- − Property taxes
- −$2,258
- − Insurance
- −$700
- − Repairs & maintenance
- −$1,674
- − Management
- −$1,674
- − HOA
- −$7,812
- − Depreciation
- −$4,073
- Taxable loss
- −$5,106
- Est. tax savings @ 24.0%
- +$1,225
- After-tax cash flow
- $-1,822/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.
Condition & rehab AI · 2 photos
This well-maintained 1-bedroom, 1-bath condo in a gated community in West Palm Beach is ready for move-in and offers a good return on investment.
Components & finishes AI
Value-add opportunities
- Both Landscaping — Enhances curb appeal and property value ↑
- Both Interior paint — Fresh paint can make the space feel new and inviting ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
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
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- West Palm Beach, FL
- County
- Palm Beach County · 1,637,487 people
- City population
- 222,012
- Metro
- Miami-Fort Lauderdale-Pompano Beach, FL
- Population (ZIP)
- 33,698
- Household income
- $67,967
- Rent vs Own
- Severe rent burden
- 18% of renters
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 0.68)
- Race & ethnicity
- White 43% Black 32% Hispanic / Latino 17% Two or more races 11% Asian 3%
- Hispanic origin (detail)
- Mexican 2% Puerto Rican 3% Cuban 3%
- Languages at home
- 73% English-only · Spanish 13% French/Haitian/Cajun 7% Other Asian/Pacific 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
- ▼ -324.96%
- Current HPI
- 367.0978
- Rent YoY
- ▲ 5.15%
- 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
+369.8% since first listed31 events — show timeline
- 2026-04-28 Listed $140,000 MARMLS
- 2026-04-08 Rental Removed $1,495 MARMLS
- 2026-01-14 Price Changed $1,495 MARMLS
- 2025-12-20 Listed for Rent $1,500 MARMLS
- 2024-12-17 Listing Removed — MARMLS
- 2024-08-29 Rental Removed $1,600 RENTEC
- 2024-08-23 Listed for Rent $1,600 RENTEC
- 2024-08-23 Rental Removed $1,600 MARMLS
- 2024-08-13 Listed for Rent $1,600 MARMLS
- 2024-08-13 Rental Removed $1,600 RENTEC
- 2024-07-18 Listed for Rent $1,600 RENTEC
- 2023-10-25 Rental Removed $1,600 LISTANZA
- 2023-10-22 Listed for Rent $1,600 LISTANZA
- 2023-07-24 Rental Removed — MARMLS
- 2023-07-10 Listed $175,000 MARMLS
- 2023-03-15 Pending — MARMLS
- 2023-03-15 Listing Removed — MARMLS
- 2022-08-22 Listed $155,000 MARMLS
- 2021-12-14 Relisted — MARMLS
- 2021-12-13 Listing Removed — MARMLS
- 2021-11-01 Pending — MARMLS
- 2021-10-28 Relisted — MARMLS
- 2021-10-28 Listing Removed — MARMLS
- 2020-12-14 Listed $135,000 MARMLS
- 2014-12-12 Sold (Public Records) $99,000 Public Records
- 2014-05-30 Sold (MLS) $48,500 Beaches MLS
- 2014-03-19 Pending — Beaches MLS
- 2014-02-19 Listed $48,500 Beaches MLS
- 2003-05-29 Sold (Public Records) $44,500 Public Records
- 1994-01-04 Sold (Public Records) $22,300 Public Records
- 1989-03-03 Sold (Public Records) $29,800 Public Records
Property tax history
+23.0%/yrLatest (2025): $2,258 · +3.6% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…