15500 Lakes Of Delray Blvd #207 · Delray 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 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 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the A- 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 +30.0/30.0
- ARV discount +15.0/15.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Schools +4.8/10.0
- Livability +3.9/5.0
- Condition / age +3.8/5.0
- Rent growth +3.6/5.0
- Appreciation +0.0/10.0
$111,777
15500 Lakes Of Delray Blvd #207 · Delray Beach, FL 33484
2 bd · 1.0 ba · 940 sqft · Condo
public records
· 85 Days on market
Built 1985
$119/sqft
· 44% below area
Est $198k · 44% under
$714/mo HOA · 30% of rent
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Welcome to this bright & spacious corner 2/1 condo on 2nd floor in a gated Lakes of Delray. Plenty of natural light & peaceful canal view. Features vaulted ceilings, crown molding, tile flooring, carpet in bedrooms, spacious primary suite includes a walk-in closet. A/C (2022) WH (2025), providing peace of mind for years to come. Large screened balcony overlooking the canal—perfect for morning coffee/evening relaxation. Washer & dryer is on the balcony. Ideally situated close to the main gate. Community features resort-style amenities: Pool, Billiards, Bocce Ball, Clubhouse, Fitness Center, Sauna, Library, Pickleball, Shuffleboard.
Key facts
- Canal view
- Walk-in closet
- Screened balcony
Tags
Neighborhood map
Sold within
Property
Rental comp
Retail
Costco
Walmart
Transit
Schools
Stadiums
Fortune 500
· Circle radius: 6.0 mi
Loading POIs…
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath condo listed at $112k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $449 ($5k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $112k).
- Recommended offer: $105k (6.0% below list) — sets the bar for market timing.
- Cap rate 11.1% vs local median 4.1% in Delray 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 77/100 on livability (#202 in FL, #3,160 nationally) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, commute A-; Watch: cost of living C-, crime D-, amenities F.
- Palm Beach (suburban): math 46% / reading 53% proficiency, ranked #34 of 73 in FL (top 47%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Zoned schools: Orchard View Elementary School (math 48% / reading 47%, grade D, #1,182 of 2,144 statewide, top 55%, 596 students, 76% FRL); Carver Middle School (math 22% / reading 34%, grade F, #486 of 571 statewide, top 86%, 732 students, 73% FRL); Spanish River Community High School (math 64% / reading 74%, grade B, #63 of 667 statewide, top 10%, 2,578 students, 25% FRL).
- Market conditions: Rents rising fast (+4.3%/yr); 759 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 71d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 82% of comp listings sitting > 30 days — soft ceiling on asking rent; 3,974 units permitted in Palm Beach County in 2024 (1,012 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $773 of loan paydown is wiped out by about $3k 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 + 4.3% rent growth), your $31k cash investment doubles in ~7 years — after that, you're playing with house money.
Negotiation context
- It's been on market 85 days — a 6% lower offer ($105k) is reasonable based on typical stale-listing flexibility.
- 9 sale attempts since 24y ago; this cycle's ask is 7111% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
- Current owner paid $77k; 45% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Watch-outs: HOA is 30% of rent.
- 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
$105,070
(6.0% below list)
Questions for the listing agent
- It's been on market 85 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
- 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.
- Schools are B-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?
- Crime grade is D 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?
- 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
- 2.12% ✓
- Cap rate
- 11.11%
- Cash-on-cash
- 17.21%
- DSCR
- 1.77
- GRM
- 3.9
CMA / ARV
- ARV (median comp)
- $198,189
- List price
- $111,777
- Delta
- -43.60%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 5884 Morningstar Cir #406 | 0.24mi | 2/2.0 | 1,113 (+18%) | 0mo | $149,000 | $134 | 60 |
| 33 Abbey Ln #207 | 1.02mi | 2/2.0 | 925 (-2%) | 0mo | $100,000 | $108 | 58 |
| 84 Saxony B | 1.14mi | 2/2.0 | 880 (-6%) | 0mo | $72,500 | $82 | 50 |
| 15451 Pembridge Dr #206 | 0.45mi | 2/2.0 | 1,150 (+22%) | 0mo | $208,000 | $181 | 50 |
| 10 Willowbrook #205 | 1.13mi | 2/2.0 | 1,005 (+7%) | 0mo | $142,500 | $142 | 49 |
| 887 Normandy S | 0.65mi | 1/1.5 (-1) | 760 (-19%) | 0mo | $42,000 | $55 | 38 |
| 161 Normandy Ln | 0.65mi | 1/1.5 (-1) | 760 (-19%) | 0mo | $72,000 | $95 | 37 |
| 14519 Canalview Dr Unit B | 0.73mi | 1/2.0 (-1) | 1,068 (+14%) | 0mo | $172,000 | $161 | 34 |
| 251 Seville K #251 | 0.86mi | 1/1.5 (-1) | 720 (-23%) | 0mo | $94,000 | $131 | 33 |
| 142 Monaco C | 1.10mi | 1/1.5 (-1) | 720 (-23%) | 0mo | $59,000 | $82 | 33 |
| 87 Brittany B Ave Unit B | 1.26mi | 1/1.5 (-1) | 720 (-23%) | 0mo | $45,000 | $63 | 33 |
| 499 Monaco K Unit K | 1.20mi | 1/1.5 (-1) | 720 (-23%) | 0mo | $65,000 | $90 | 33 |
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 · 4.28% rent growth · sell at horizon
5-year hold
- IRR
- 11.0%
- Equity multiple
- 1.45×
- Total profit
- $14,009
- Equity at exit
- $16,666
10-year hold
- IRR
- 21.7%
- Equity multiple
- 3.04×
- Total profit
- $63,836
- Equity at exit
- $9,664
Cash invested: $31,298 (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.
Active competition Active MLS
- For sale now
- 9 active · 17 under contract
- Median asking
- $114,000 ($131/sqft)
- Median days on market
- 64 d
- This list price
- 44% of active listings are priced below it
- ARV vs active asking
- +61.0% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 33484
- Rents YoY
- 4.3%
- Active inventory
- 759
- Price-to-rent
- 3.9×
Monthly cashflow live
↻
- Estimated rent
- $2,375 high interval (Pro) →
- Mortgage (P&I)
- −$586
- Tax from tax record
- −$81 /mo · $968/yr
- Insurance
- −$47
- HOA
- −$714
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$499
- Net cashflow
- $449
Break-even live
Break-even rent
$1,807
Max offer price
$111,777
Occupancy floor
76%
Sensitivity live
| Price | -10% $512 | -5% $480 | +0% $449 | +5% $417 | +10% $386 |
|---|---|---|---|---|---|
| Rent | -10% $261 | -5% $355 | +0% $449 | +5% $543 | +10% $636 |
| Rate | -1.0pp $505 | -0.5pp $477 | base $449 | +0.5pp $420 | +1.0pp $390 |
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
- $27,944
- Closing costs
- $3,353
- 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 |
|---|---|---|---|---|---|---|---|---|
| 15469 Lakes of Delray Blvd #102 Delray Beach, FL | 2.0 | 2.0 | 976 | $3,000 | $3.07 | 120d | 1 | 0.12mi |
| 15469 Lakes of Delray Blvd #102 Delray Beach, FL | 2.0 | 2.0 | 976 | $3,000 | $3.07 | 19d | 1 | 0.12mi |
| 15449 Lakes of Delray Blvd #207 Delray Beach, FL | 2.0 | 2.0 | 976 | $2,950 | $3.02 | 120d | 1 | 0.13mi |
| 15072 Ashland Pl Delray Beach, FL | 2.0 | 2.0 | 1000 | $2,048 | $2.05 | 95d | 2 | 0.17mi |
| 15091 Ashland Cir Unit i Delray Beach, FL | 2.0 | 2.0 | 998 | $2,400 | $2.40 | 41d | 1 | 0.17mi |
| 15072 Ashland Pl #117 Delray Beach, FL | 2.0 | 2.0 | 1100 | $1,950 | $1.77 | 74d | 1 | 0.18mi |
| 15072 Ashland Pl #132 Delray Beach, FL | 2.0 | 2.0 | 1100 | $2,100 | $1.91 | 115d | 1 | 0.18mi |
| 15445 Lakes of Delray Blvd #204 Delray Beach, FL | 2.0 | 2.0 | 1000 | $2,200 | $2.20 | 78d | 1 | 0.21mi |
| 5600 Atlantic Ave Delray Beach, FL | 1.0–3.0 | 1.0–3.0 | 1147 | $2,907 | $2.53 | 0d | 33 | 0.21mi |
| 15108 Ashland Dr #215 Delray Beach, FL | 2.0 | 2.0 | 900 | $2,000 | $2.22 | 2d | 1 | 0.22mi |
| 15090 Ashland Pl Apt E147 Delray Beach, FL | 2.0 | 2.0 | 900 | $2,300 | $2.56 | 43d | 1 | 0.23mi |
| 15090 Ashland Pl Delray Beach, FL | 2.0 | 2.0 | 900 | $2,300 | $2.56 | 95d | 1 | 0.23mi |
| 15109 Ashland Dr #323 Delray Beach, FL | 2.0 | 2.0 | 998 | $3,500 | $3.51 | 120d | 1 | 0.25mi |
| 5884 Morningstar Cir #205 Delray Beach, FL | 1.0 | 1.5 | 717 | $1,850 | $2.58 | 76d | 1 | 0.25mi |
| 5884 Morningstar Cir #306 Delray Beach, FL | 2.0 | 2.0 | 1113 | $2,200 | $1.98 | 120d | 1 | 0.25mi |
| 5910 Morningstar Cir #202 Delray Beach, FL | 2.0 | 2.0 | 1120 | $2,200 | $1.96 | 43d | 1 | 0.28mi |
| 5910 Morningstar Cir #202 Delray Beach, FL | 2.0 | 2.0 | 1120 | $2,350 | $2.10 | 56d | 1 | 0.28mi |
| 5910 Morningstar Cir #202 Delray Beach, FL | 2.0 | 2.0 | 1120 | $2,350 | $2.10 | 56d | 1 | 0.28mi |
| 5936 Morningstar Cir #205 Delray Beach, FL | 2.0 | 2.0 | 1120 | $2,300 | $2.05 | 29d | 1 | 0.30mi |
| 15235 Lakes of Delray Blvd #299 Delray Beach, FL | 2.0 | 2.0 | 900 | $1,900 | $2.11 | 78d | 1 | 0.32mi |
| 15235 Lakes of Delray Blvd #299 Delray Beach, FL | 2.0 | 2.0 | 900 | $1,900 | $2.11 | 68d | 1 | 0.32mi |
| 452 Normandy J Unit J Delray Beach, FL | 2.0 | 2.0 | 907 | $1,550 | $1.71 | 90d | 1 | 0.49mi |
| 452 Normandy J Delray Beach, FL | 2.0 | 2.0 | 907 | $1,550 | $1.71 | 90d | 1 | 0.49mi |
| 579 Normandy M Delray Beach, FL | 2.0 | 2.0 | 907 | $3,200 | $3.53 | 0d | 1 | 0.51mi |
| 595 Normandy M Delray Beach, FL | 2.0 | 2.0 | 907 | $1,750 | $1.93 | 120d | 1 | 0.51mi |
| 569 Normandy L Delray Beach, FL | 1.0 | 1.5 | 760 | $1,400 | $1.84 | 63d | 1 | 0.52mi |
| 542 Normandy Ln Unit 542 Delray Beach, FL | 2.0 | 2.0 | 907 | $1,600 | $1.76 | 120d | 1 | 0.52mi |
| 358 Normandy H Delray Beach, FL | 2.0 | 2.0 | 907 | $2,000 | $2.21 | 71d | 1 | 0.54mi |
| 120 Normandy C Delray Beach, FL | 1.0 | 1.5 | 760 | $1,475 | $1.94 | 65d | 1 | 0.54mi |
| 864 Normandy Trl Delray Beach, FL | 1.0 | 2.0 | 760 | $1,900 | $2.50 | 39d | 1 | 0.56mi |
| 21 Normandy Trl Unit 21 Delray Beach, FL | 2.0 | 2.0 | 907 | $2,100 | $2.32 | 34d | 1 | 0.57mi |
| 805 Normandy Q Delray Beach, FL | 2.0 | 2.0 | 907 | $2,000 | $2.21 | 51d | 1 | 0.57mi |
| 32 Normandy Trl Unit 32 Delray Beach, FL | 2.0 | 2.0 | 907 | $2,300 | $2.54 | 20d | 1 | 0.57mi |
| 688 Burgundy N Unit L Delray Beach, FL | 1.0 | 2.0 | 760 | $1,500 | $1.97 | 39d | 1 | 0.57mi |
| 999 Normandy U Delray Beach, FL | 1.0 | 1.5 | 760 | $1,750 | $2.30 | 54d | 1 | 0.58mi |
| 980 Normandy U Delray Beach, FL | 2.0 | 2.0 | 907 | $2,900 | $3.20 | 71d | 1 | 0.58mi |
| 930 Normandy T Delray Beach, FL | 1.0 | 1.5 | 760 | $2,800 | $3.68 | 103d | 1 | 0.58mi |
| 794 Normandy Q Delray Beach, FL | 2.0 | 2.0 | 907 | $1,695 | $1.87 | 90d | 1 | 0.58mi |
| 303 Burgundy Ave Unit 303 Delray Beach, FL | 1.0 | 1.5 | 760 | $1,450 | $1.91 | 12d | 1 | 0.59mi |
| 949 Normandy Trl Unit 949 Delray Beach, FL | 2.0 | 2.0 | 907 | $3,500 | $3.86 | 120d | 1 | 0.59mi |
Property features AI
Finance
- Financial info
- Lease consideredPets not allowed
- HOA & community
- Monthly association feeAssociation fee includes amenities, common areas, cable TV, insurance, legal/accounting, grounds maintenance, structure maintenance, parking, pool(s), reserve fund, security, and trashAssociation amenities: billiard room, clubhouse, library, pool, shuffleboard court, sauna, spa/hot tub, tennis courts, trailsSenior community
Exterior
- Parking
- Assigned parkingGuest parking
- Security
- Security guard
- Utilities
- Cable available
- Home design
- Attached propertyTwo-story building with entry on the 2nd levelEntry location on 2nd level
- Construction
- Block constructionResale property
- Exterior features
- BalconyScreened balconyWall fencingExterior lightingCanal-front waterfrontAssociation poolHas viewFaces north
Interior
- Kitchen
- DishwasherElectric rangeDisposalRefrigerator
- Bedrooms
- Bedroom on main level
- Flooring
- Tile
- Bathrooms
- 1 full bathroom
- Heating & cooling
- Central heatingCentral airCeiling fan(s)
- Interior features
- BlindsBreakfast barDining areaSeparate/formal dining roomEntrance foyerMain living area on entry levelSecond floor entryStacked bedroomsTub with showerVaulted ceilingsWalk-in closetsUnfurnished
- Laundry & utility
- WasherDryerUtility / laundry room
HOA detail $714/mo · $8,568/yr condo
- Likely covers
- poolgymsecurity
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 35 events
-
2026-07-07days on market $111,777 Active 85 DOM
-
2026-07-06days on market $111,777 Active 84 DOM
-
2026-06-09days on market $111,777 Active 83 DOM
-
2026-06-08days on market $111,777 Active 82 DOM
-
2026-06-07days on market $111,777 Active 81 DOM
-
2026-06-04days on market $111,777 Active 78 DOM
-
2026-06-03days on market $111,777 Active 77 DOM
-
2026-06-02days on market $111,777 Active 76 DOM
-
2026-06-01days on market $111,777 Active 75 DOM
-
2026-05-31days on market $111,777 Active 74 DOM
-
2026-05-11historical $1,550
-
2026-03-21$1,550
-
2026-02-23historical
-
2026-02-05$111,777 Active
-
2026-02-05$111,777 Active
-
2026-02-01historical $1,800
-
2026-02-01historical
-
2025-05-13price $129,900
-
2025-05-13status Active
-
2025-05-12status Pending
-
2025-04-18$1,800
-
2025-03-03price $135,000
-
2024-12-07$150,000 Active
-
2017-02-10soldstatus $77,000
-
2017-01-31soldstatus $77,000 Closed
-
2016-12-29historical Contingent
-
2016-12-13price $82,400
-
2016-11-22$89,444 Active
-
2003-05-19soldstatus $65,000
-
2003-05-14soldstatus $65,000
-
2003-04-08historical
-
2003-01-29$69,000
-
2002-11-05soldstatus $39,000
-
2002-10-31soldstatus $39,000
-
2002-08-21$45,000
ⓘ 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
- $968 · $81/mo
- Projected year-2 tax
- $968 · $81/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 2/10 Low 1 unhealthy d/yr today · 2 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
- $28,500
- − Mortgage interest
- −$6,261
- − Property taxes
- −$968
- − Insurance
- −$559
- − Repairs & maintenance
- −$2,280
- − Management
- −$2,280
- − HOA
- −$8,568
- − Depreciation
- −$3,252
- Taxable income
- $4,332
combined federal + state — saved on this device
- Est. tax owed @ 24.0%
- −$1,040
- After-tax cash flow
- $4,346/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
75/100
Cosmetic rehab
Est. rehab $4,700–$14,100 screening
This 2/1 townhouse is in good condition with recent HVAC and is located in a gated community with resort-style amenities. Minor exterior painting and landscaping improvements would significantly enhance its curb appeal and value.
Value-add opportunities
- Both Painting exterior siding — Enhances curb appeal and value ↑
- Both Landscaping improvements — Enhances curb appeal and value ↑
- Both Replace or clean gutters — Improves drainage and aesthetics ↑
ⓘ 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.
F
Composite school gradezoned avg 48/100
Zoned Schools
Elementary
Orchard View Elementary School
D
FL #1,182/2,144
Nat'l #14,382/41,679
Middle
Carver Middle School
F
FL #486/571
Nat'l #9,545/14,009
High
Spanish River Community High School
B
FL #63/667
Nat'l #2,354/17,239
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
B
Composite livability gradescore 77/100
Livability — Delray Beach
- Score
- 77/100
- State rank
- #202
- US rank
- #3160
Category grades
Amenities F
Commute A-
Cost of living C-
Crime D-
Employment B+
Housing A+
Health & safety A+
User ratings A
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Palm Beach County · 1,637,487 people
- City population
- 123,167
- Metro
- Miami-Fort Lauderdale-Pompano Beach, FL
- Population (ZIP)
- 26,208
- Household income
- $62,151
- Rent vs Own
- Severe rent burden
- 16% 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
- Predominantly White (74%)
- Race & ethnicity
- White 74% Hispanic / Latino 14% Two or more races 10% Black 5% Asian 2%
- Hispanic origin (detail)
- Puerto Rican 2% Cuban 2%
- Common ancestry
- Scotch-Irish 7% Romanian 6% Italian 2%
- Foreign-born
- 23% · Canada, Jamaica, China
- Languages at home
- 76% English-only · Spanish 13% Russian/Polish/Slavic 3% French/Haitian/Cajun 3%
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
- ▼ -232.73%
- Current HPI
- 254.5016
- Rent YoY
- ▲ 4.28%
- 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
-96.6% since first listed25 events — show timeline
- 2026-05-11 Rental Removed $1,550 MARMLS
- 2026-03-21 Listed for Rent $1,550 MARMLS
- 2026-02-23 Listing Removed — Beaches MLS
- 2026-02-05 Listed $111,777 MARMLS
- 2026-02-05 Listed $111,777 Beaches MLS
- 2026-02-01 Rental Removed $1,800 GFLMLS
- 2026-02-01 Listing Removed — Beaches MLS
- 2025-05-13 Price Changed $129,900 Beaches MLS
- 2025-05-13 Relisted — Beaches MLS
- 2025-05-12 Pending — Beaches MLS
- 2025-04-18 Listed for Rent $1,800 GFLMLS
- 2025-03-03 Price Changed $135,000 Beaches MLS
- 2024-12-07 Listed $150,000 Beaches MLS
- 2017-02-10 Sold (Public Records) $77,000 Public Records
- 2017-01-31 Sold (MLS) $77,000 Beaches MLS
- 2016-12-29 Contingent — Beaches MLS
- 2016-12-13 Price Changed $82,400 Beaches MLS
- 2016-11-22 Listed $89,444 Beaches MLS
- 2003-05-19 Sold (Public Records) $65,000 Public Records
- 2003-05-14 Sold (MLS) $65,000 Beaches MLS
- 2003-04-08 Listing Removed — Beaches MLS
- 2003-01-29 Listed $69,000 Beaches MLS
- 2002-11-05 Sold (Public Records) $39,000 Public Records
- 2002-10-31 Sold (MLS) $39,000 Beaches MLS
- 2002-08-21 Listed $45,000 Beaches MLS
Property tax history
+11.0%/yrLatest (2025): $968 · +4.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…