1983 Juno Rd · Juno Ridge, FL 33408

$287,500

2 bd · 1.0 ba · 864 sqft · Condo public records · 58 Days on market

Built 1973 $288/mo HOA · 9% of rent

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Why this score? — see what drove the C- 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 +20.6/30.0
• ARV discount +7.5/15.0
• DSCR +6.6/10.0
• 1% rule +6.5/10.0
• Schools +4.3/10.0
• Livability +3.2/5.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Sold individually or as a package with 1967 Juno Road, 1971 Juno Road and 1979 Juno Road. Total package $899,600LA must accompany24 hour noticeTenant occupied

Key facts

• Stainless appliances
• In unit washer dryer
• Corner unit

Tags

• CORNER UNIT
• TILE FLOORING
• STAINLESS APPLIANCES
• GRANITE COUNTERTOPS
• IN UNIT WASHER DRYER

Property features AI

Finance

• HOA & community: Association present; HOA fee $865 paid quarterly; Association covers grounds maintenance, pest control, sewer, trash, water, common areas, legal/accounting, and reserve funds; Community contains 6 units; Pets allowed with restrictions (breed, number, size limits may apply)

Exterior

• Parking: Assigned parking; Guest parking; Shared driveway; 1 parking space total
• Utilities: Public water; Public sewer; Electricity connected; Cable available; Water connected; Sewer connected
• Home design: Condominium; One story; Faces east; Resale condition
• Construction: Built with stucco and CBS; Composition roof; 1 total story
• Exterior features: Corner lot; Not waterfront

Interior

• Kitchen: Dishwasher; Electric range; Microwave; Electric water heater
• Bedrooms: 2 bedrooms on the main level
• Flooring: Tile; Wood
• Bathrooms: 1 full bathroom (main level)
• Heating & cooling: Central heating; Central air; Ceiling fan(s)
• Interior features: No interior special features listed; Storm windows
• Laundry & utility: In-unit laundry; Common area laundry

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath condo listed at $288k.

Deal economics

• At list price, monthly cash flow is $386 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $288k).
• Recommended offer: $279k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 63/100 on livability (#725 in FL) — a middle-class / working-renter tenant base. Strengths: crime A, cost of living A-, employment B+; Watch: amenities F, commute F, housing 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: Howell L. Watkins Middle School (math 18% / reading 33%, grade F, #512 of 571 statewide, top 90%, 794 students, 76% FRL); William T. Dwyer High School (math 36% / reading 58%, grade D-, #207 of 667 statewide, top 32%, 2,206 students, 37% FRL) — zoned schools at 57% FRL track the district average.
• Zoned-school proficiency averages 36% at this address vs 50% district-wide (-13 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 flat; 400 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 3,974 units permitted in Palm Beach County in 2024 (1,012 in 5+ unit buildings).
• This rent runs 43% of the median local income ($92k/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 $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
• Palm Beach County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 58 days — a 3% lower offer ($279k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 17y ago; this cycle's ask is 12968% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $216k; 33% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $278,875 (3.0% below list)

Questions for the listing agent

1. It's been on market 58 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. 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?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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 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: 1.15% ✓
• Cap rate: 7.90%
• Cash-on-cash: 5.75%
• DSCR: 1.26
• GRM: 7.3

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.27% rent growth · sell at horizon

5-year hold

• IRR: -10.8%
• Equity multiple: 0.62×
• Total profit: $-30,639
• Equity at exit: $42,867

10-year hold

• IRR: -6.4%
• Equity multiple: 0.65×
• Total profit: $-28,519
• Equity at exit: $24,858

Cash invested: $80,500 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 33408

• Rents YoY: 0.3%
• Active inventory: 400
• Price-to-rent: 7.3×

Monthly cashflow live

• Estimated rent: $3,298 high
• Mortgage (P&I): −$1,508
• Tax from tax record: −$304 /mo · $3,653/yr
• Insurance: −$120
• HOA: −$288
• Vacancy / Maint / Mgmt: −$693
• Net cashflow: $386

Break-even live

Break-even rent $2,810

Max offer price $287,500

Occupancy floor 83%

Sensitivity live

Price	-10% $549	-5% $467	+0% $386	+5% $304	+10% $223
Rent	-10% $125	-5% $256	+0% $386	+5% $516	+10% $646
Rate	-1.0pp $531	-0.5pp $459	base $386	+0.5pp $311	+1.0pp $236

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: $71,875
• Closing costs: $8,625
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1718 Ridge Rd North Palm Beach, FL	2.0	2.0	900	$2,950	$3.28	25d	1	0.26mi
12155 US Highway 1 North Palm Beach, FL	1.0–3.0	1.0–2.0	1297	$3,568	$2.75	2d	23	0.32mi
2100 PGA Blvd Palm Beach Gardens, FL	1.0–2.0	1.0–2.0	983	$3,113	$3.17	0d	9	0.71mi
2802 Sarento Pl #204 Palm Beach Gardens, FL	2.0	2.0	1092	$3,500	$3.21	25d	1	0.85mi
2396 Easy St Unit A Palm Beach Gardens, FL	2.0	1.0	948	$3,500	$3.69	25d	1	0.88mi
3019 Alcazar Pl #107 Palm Beach Gardens, FL	1.0	1.0	1000	$3,000	$3.00	22d	1	1.05mi
3019 Alcazar Pl #107 Palm Beach Gardens, FL	1.0	1.0	1000	$2,900	$2.90	25d	1	1.05mi
50 Celestial Way Juno Beach, FL	2.0	2.0	975	$4,750	$4.87	12d	4	1.27mi
50 Celestial Way Juno Beach, FL	2.0	2.0	975	$4,725	$4.85	25d	5	1.27mi
700 Sanctuary Cove Dr West Palm Beach, FL	1.0–3.0	1.0–2.0	1120	$2,596	$2.32	0d	55	1.36mi

HOA detail condo

• Monthly dues: $288 · $3,456/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 26 events

1. 2026-06-18
   days on market $287,500 Active 58 DOM
2. 2026-06-17
   days on market $287,500 Active 57 DOM
3. 2026-06-16
   days on market $287,500 Active 56 DOM
4. 2026-06-15
   days on market $287,500 Active 55 DOM
5. 2026-06-13
   days on market $287,500 Active 53 DOM
6. 2026-06-09
   days on market $287,500 Active 49 DOM
7. 2026-06-08
   days on market $287,500 Active 48 DOM
8. 2026-06-07
   days on market $287,500 Active 47 DOM
9. 2026-06-04
   days on market $287,500 Active 44 DOM
10. 2026-06-03
    days on market $287,500 Active 43 DOM
11. 2026-06-02
    days on market $287,500 Active 42 DOM
12. 2026-06-01
    days on market $287,500 Active 41 DOM
13. 2026-05-31
    days on market $287,500 Active 40 DOM
14. 2026-05-07
    listed $2,200
15. 2026-04-21
    listed $287,500 Active
16. 2022-06-01
    soldstatus $216,250 Closed 158-char remark

    Show marketing remark (158 chars)

    Sold individually or as a package with 1967 Juno Road, 1971 Juno Road and 1979 Juno Road. Total package $899,600LA must accompany24 hour noticeTenant occupied

17. 2022-02-27
    status Pending 158-char remark

    Show marketing remark (158 chars)

    Sold individually or as a package with 1967 Juno Road, 1971 Juno Road and 1979 Juno Road. Total package $899,600LA must accompany24 hour noticeTenant occupied

18. 2022-02-08
    status Active 158-char remark

    Show marketing remark (158 chars)

    Sold individually or as a package with 1967 Juno Road, 1971 Juno Road and 1979 Juno Road. Total package $899,600LA must accompany24 hour noticeTenant occupied

19. 2022-01-31
    status Pending 158-char remark

    Show marketing remark (158 chars)

    Sold individually or as a package with 1967 Juno Road, 1971 Juno Road and 1979 Juno Road. Total package $899,600LA must accompany24 hour noticeTenant occupied

20. 2022-01-04
    listed $224,900 Active 158-char remark

    Show marketing remark (158 chars)

    Sold individually or as a package with 1967 Juno Road, 1971 Juno Road and 1979 Juno Road. Total package $899,600LA must accompany24 hour noticeTenant occupied

21. 2011-02-04
    soldstatus $48,500 365-char remark

    Show marketing remark (365 chars)

    HERE IS YOUR CHANCE TO LIVE THE SIMPLE LIFE, CLOSE TO THE BEACHES, BOATING AND SHOPPING. THIS CONDO IS A MUST SEE WITH GRANITE COUNTER TOPS IN THE KITCHEN AND AN UPDATED BATHROOM. SURE TO PLEASE WITH A PEDESTAL SINK AND SPA TUB. THIS WONDERFUL UNIT HAS SO MUCH TO OFFER! NOT MUCH TO DO HERE BUT BRING YOUR CLOTHS AND MOVE RIGHT ON IN. OH, AND DID YOU SEE THE PRICE?

22. 2011-01-12
    historical 365-char remark

    Show marketing remark (365 chars)

    HERE IS YOUR CHANCE TO LIVE THE SIMPLE LIFE, CLOSE TO THE BEACHES, BOATING AND SHOPPING. THIS CONDO IS A MUST SEE WITH GRANITE COUNTER TOPS IN THE KITCHEN AND AN UPDATED BATHROOM. SURE TO PLEASE WITH A PEDESTAL SINK AND SPA TUB. THIS WONDERFUL UNIT HAS SO MUCH TO OFFER! NOT MUCH TO DO HERE BUT BRING YOUR CLOTHS AND MOVE RIGHT ON IN. OH, AND DID YOU SEE THE PRICE?

23. 2010-11-01
    listed $54,000 365-char remark

    Show marketing remark (365 chars)

    HERE IS YOUR CHANCE TO LIVE THE SIMPLE LIFE, CLOSE TO THE BEACHES, BOATING AND SHOPPING. THIS CONDO IS A MUST SEE WITH GRANITE COUNTER TOPS IN THE KITCHEN AND AN UPDATED BATHROOM. SURE TO PLEASE WITH A PEDESTAL SINK AND SPA TUB. THIS WONDERFUL UNIT HAS SO MUCH TO OFFER! NOT MUCH TO DO HERE BUT BRING YOUR CLOTHS AND MOVE RIGHT ON IN. OH, AND DID YOU SEE THE PRICE?

24. 2010-10-13
    historical
25. 2009-02-12
    listed $73,000
26. 2006-03-31
    soldstatus $222,000

ⓘ 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: $3,653 · $304/mo
• Projected year-2 tax: $3,653 · $304/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 ≥106°F today · 24 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

Taxation est. · year 1

• Rental income: $39,581
• − Mortgage interest: −$16,104
• − Property taxes: −$3,653
• − Insurance: −$1,438
• − Repairs & maintenance: −$3,166
• − Management: −$3,166
• − HOA: −$3,456
• − Depreciation: −$8,364
• Taxable income: $233
• Est. tax owed @ 24.0%: −$56
• After-tax cash flow: $4,574/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 — Juno Ridge

• Score: 63/100
• State rank: #725
• US rank: #15514

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Palm Beach County · 1,438,312 people
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 18,817
• Household income: $92,216
• Rent vs Own: 26.0% rent · 74.0% own
• Severe rent burden: 835.0

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 (86%)
• Race & ethnicity: White 86% Hispanic / Latino 9% Two or more races 7% Black 1% Asian 1%
• Hispanic origin (detail): Puerto Rican 2% Cuban 2%
• Common ancestry: Lithuanian 4% Slovak 3% Romanian 3%
• Foreign-born: 11% · Canada, Jamaica, Guatemala
• Languages at home: 89% English-only · Spanish 7% Other Indo-European 1% French/Haitian/Cajun 1%

Political lean MEDSL · Palm Beach

• 2024 margin: Toss-up / Even · D 50.0% · R 49.2%
• 2008→2024 swing: -22.1pp toward R · 2008: 22.9pp · 2024: 0.8pp
• All cycles: 2024: D+0.8 2020: D+12.8 2016: D+15.3 2012: D+17.0 2008: D+22.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -223.14%
• Current HPI: 365.2913
• Rent YoY: ▲ 0.27%
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

-99.0% since first listed

13 events — show timeline

• 2026-05-07 Listed for Rent $2,200 RMLSFL
• 2026-04-21 Listed $287,500 Beaches MLS
• 2022-06-01 Sold (MLS) $216,250 Beaches MLS
• 2022-02-27 Pending — Beaches MLS
• 2022-02-08 Relisted — Beaches MLS
• 2022-01-31 Pending — Beaches MLS
• 2022-01-04 Listed $224,900 Beaches MLS
• 2011-02-04 Sold (MLS) $48,500 Beaches MLS
• 2011-01-12 Listing Removed — Beaches MLS
• 2010-11-01 Listed $54,000 Beaches MLS
• 2010-10-13 Listing Removed — Beaches MLS
• 2009-02-12 Listed $73,000 Beaches MLS
• 2006-03-31 Sold (Public Records) $222,000 Public Records

Property tax history

+8.6%/yr

Latest (2025): $3,653 · +0.6% YoY. Source: county tax records.