2727 Anzio Ct #307 · Palm Beach Gardens, FL 33410

$335,000

3 bd · 2.0 ba · 1,316 sqft · Condo public records · 282 Days on market

Built 2005 $709/mo HOA · 20% of rent

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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).

• Cash flow +11.2/30.0
• ARV discount +7.5/15.0
• 1% rule +5.8/10.0
• Schools +4.3/10.0
• Livability +3.5/5.0
• DSCR +3.3/10.0
• Rent growth +3.1/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Third floor 3 bedroom, 2 bath condo at San Matera. Great condition throughout, carpet throughout with tiled kitchen and baths. Open kitchen, dining area and living area, spacious bathrooms, plus screened balcony! Community offers tons of amenities. Close by December 31, 2010 and receive up to 3.5% in closing costs assistance! Plus, selling agent receives $1,500 bonus. Visit HomePath online under Special Offers for more details or ask me. Eligibility restrictions apply. This property is approved for HomePath Mortgage and HomePath Renovation Mortgage. Please contact listing agent for more information.

Key facts

• Brand-new ac
• Fitness center
• Screened-in balcony

Tags

• GATED RESORT-STYLE COMMUNITY
• SCREENED-IN BALCONY
• LUXURY VINYL FLOORING
• IMPACT WINDOWS
• BRAND-NEW AC
• FITNESS CENTER

Property features AI

Finance

• Financial info: Pets allowed with restrictions on breed, number, and size
• HOA & community: Monthly HOA fee; HOA covers insurance, grounds maintenance, security, trash, and common areas; Community amenities include pool, spa/hot tub, fitness center, clubhouse, game room, billiard room, business center, basketball court, tennis courts, pickleball court(s), bocce ball, sidewalks, street lights, manager on site

Exterior

• Parking: Community parking available
• Security: Fire alarm; Gated community (no guard)
• Utilities: Public water; Public sewer; Three-phase electric; Cable available; Water available; Sewer available
• Home design: Condominium; Resale; Faces south; Total of 3 stories
• Construction: CBS construction
• Exterior features: Not waterfront

Interior

• Kitchen: Dishwasher; Electric range; Microwave; Refrigerator
• Bedrooms: 3 bedrooms on the main level
• Flooring: Vinyl flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Kitchen island; Split bedroom layout
• Laundry & utility: Laundry inside the unit

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath condo listed at $335k.

Deal economics

• At list price, monthly cash flow is $-131 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $312k (6.9% below list).
• Meets the 1% rule at list price ($4k rent vs $335k).
• Recommended offer: $295k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 69/100 on livability (#464 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F, 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: Dwight D. Eisenhower Elementary School (math 52% / reading 52%, grade C-, #990 of 2,144 statewide, top 48%, 432 students, 56% FRL); William T. Dwyer High School (math 36% / reading 58%, grade D-, #207 of 667 statewide, top 32%, 2,206 students, 37% FRL).
• Market conditions: Rents rising (+2.5%/yr); 309 active listings in the ZIP; 40 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).
• At $3,602/mo this rent would consume 46% of the median local household income ($95k/yr) (locally 1429% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k 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 282 days — a 12% lower offer ($295k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 18y ago; this cycle's ask is 12542% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $96k; list at $335k implies a 249% 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→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $294,800 (12.0% 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. It's been on market 282 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
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. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
8. 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?
9. 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.
10. 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.
11. 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: 1.08% ✓
• Cap rate: 5.82%
• Cash-on-cash: -1.68%
• DSCR: 0.93
• GRM: 7.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.49% rent growth · sell at horizon

5-year hold

• IRR: -19.6%
• Equity multiple: 0.32×
• Total profit: $-64,006
• Equity at exit: $49,950

10-year hold

• IRR: -13.5%
• Equity multiple: 0.23×
• Total profit: $-72,075
• Equity at exit: $28,965

Cash invested: $93,800 (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 33410

• Rents YoY: 2.5%
• Active inventory: 309
• Price-to-rent: 7.8×

Monthly cashflow live

• Estimated rent: $3,602 high
• Mortgage (P&I): −$1,757
• Tax from tax record: −$371 /mo · $4,454/yr
• Insurance: −$140
• HOA: −$709
• Vacancy / Maint / Mgmt: −$756
• Net cashflow: $-131

Break-even live

Break-even rent $3,768

Max offer price $311,859

Occupancy floor 99%

Sensitivity live

Price	-10% $59	-5% $-36	+0% $-131	+5% $-226	+10% $-321
Rent	-10% $-416	-5% $-273	+0% $-131	+5% $11	+10% $154
Rate	-1.0pp $38	-0.5pp $-46	base $-131	+0.5pp $-218	+1.0pp $-306

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: $83,750
• Closing costs: $10,050
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2727 Anzio Ct #106 Palm Beach Gardens, FL	3.0	2.0	1316	$3,000	$2.28	25d	1	0.01mi
2813 Grande Pkwy #109 Palm Beach Gardens, FL	3.0	2.0	1278	$2,818	$2.21	25d	1	0.11mi
2916 Tuscany Ct Palm Beach Gardens, FL	3.0	2.0	1278	$2,818	$2.21	25d	1	0.19mi
2916 Tuscany Ct #201 Palm Beach Gardens, FL	2.0	2.0	1149	$3,200	$2.79	4d	1	0.19mi
2802 Sarento Pl #204 Palm Beach Gardens, FL	2.0	2.0	1092	$3,500	$3.21	25d	1	0.24mi
2805 Veronia Dr Palm Beach Gardens, FL	3.0	2.0	1361	$3,000	$2.20	25d	1	0.27mi
3252 Florida Blvd Unit 1326857P Palm Beach Gardens, FL	4.0	3.0	1593	$6,903	$4.33	0d	1	0.53mi
2395 Idlewild Rd Palm Beach Gardens, FL	3.0	2.0	1476	$4,500	$3.05	23d	1	0.53mi
2388 S Wallen Dr West Palm Beach, FL	3.0	2.0	1296	$4,500	$3.47	25d	1	0.55mi
3270 Grove Rd Unit 1326860P Palm Beach Gardens, FL	3.0	2.0	1496	$5,492	$3.67	0d	1	0.57mi
12015 Colony Ave Palm Beach Gardens, FL	3.0	2.0	1104	$3,100	$2.81	25d	1	0.67mi
12015 Colony Ave Palm Beach Gardens, FL	3.0	2.0	1104	$3,100	$2.81	23d	1	0.67mi
3610 Gardens Pkwy Unit 402A Palm Beach Gardens, FL	2.0	2.5	1831	$5,500	$3.00	25d	1	0.70mi
2396 Easy St Unit A Palm Beach Gardens, FL	2.0	1.0	948	$3,500	$3.69	25d	1	0.71mi
3630 Gardens Pkwy Unit 1004C Palm Beach Gardens, FL	2.0	2.5	1831	$5,000	$2.73	25d	1	0.73mi
3630 Gardens Pkwy Unit 1104C Palm Beach Gardens, FL	2.0	2.5	1831	$5,250	$2.87	19d	1	0.73mi
11900 Valencia Gardens Ave Palm Beach Gardens, FL	1.0–3.0	1.0–2.0	980	$3,032	$3.09	0d	18	0.87mi
3745 Atlantic Rd Unit 3745 Palm Beach Gardens, FL	4.0	2.0	1119	$2,900	$2.59	25d	1	0.88mi
11021 Legacy Ln #303 Palm Beach Gardens, FL	2.0	2.0	1403	$2,950	$2.10	25d	1	0.88mi
222 E Tall Oaks Cir Palm Beach Gardens, FL	3.0	2.0	1577	$5,000	$3.17	23d	1	0.89mi
11023 Legacy Ln #204 Palm Beach Gardens, FL	2.0	2.0	1309	$3,500	$2.67	25d	1	0.90mi
160 Lost Bridge Dr Palm Beach Gardens, FL	3.0	2.0	1826	$4,500	$2.46	16d	1	0.91mi
3640 Gull Rd Palm Beach Gardens, FL	3.0	2.0	1382	$2,975	$2.15	8d	1	0.91mi
11011 Legacy Dr #306 Palm Beach Gardens, FL	2.0	2.0	1403	$4,350	$3.10	25d	1	0.98mi
3818 Everglades Rd Palm Beach Gardens, FL	4.0	1.5	1381	$3,000	$2.17	25d	1	1.01mi
2100 PGA Blvd Palm Beach Gardens, FL	1.0–2.0	1.0–2.0	983	$3,113	$3.17	0d	9	1.03mi
10201 Chapman Oak Ct Palm Beach Gardens, FL	2.0	2.0	1152	$4,000	$3.47	25d	1	1.04mi
11024 Legacy Dr #104 Palm Beach Gardens, FL	2.0	2.0	1345	$6,000	$4.46	25d	1	1.07mi
11028 Legacy Dr #203 Palm Beach Gardens, FL	2.0	2.0	1309	$4,000	$3.06	25d	1	1.09mi
3660 RCA Blvd Palm Beach Gardens, FL	1.0–2.0	1.0–2.0	1524	$6,849	$4.49	2d	30	1.10mi
1827 Len Dr North Palm Beach, FL	2.0	1.0	1600	$5,500	$3.44	3d	1	1.11mi
1827 Len Dr North Palm Beach, FL	2.0	1.0	1600	$5,500	$3.44	2d	1	1.11mi
827 Oak Harbour Dr Juno Beach, FL	2.0	2.0	1301	$4,200	$3.23	25d	1	1.11mi
318 Oak Harbour Dr #318 Juno Beach, FL	2.0	2.0	1533	$4,000	$2.61	25d	1	1.11mi
7102 Geminata Oak Ct Unit 7102 Palm Beach Gardens, FL	2.0	2.0	1152	$3,200	$2.78	8d	1	1.11mi
700 Sanctuary Cove Dr West Palm Beach, FL	1.0–3.0	1.0–2.0	1120	$3,153	$2.82	0d	55	1.12mi
49 Uno Lago Dr Juno Beach, FL	2.0	2.5	1494	$5,500	$3.68	25d	1	1.13mi
1869 Circle Dr North Palm Beach, FL	2.0	2.0	1216	$3,400	$2.80	13d	1	1.15mi
925 Bay Colony Dr S Juno Beach, FL	2.0	2.0	1590	$6,500	$4.09	25d	1	1.16mi
431 Bay Colony Dr N Juno Beach, FL	3.0	3.0	1859	$5,500	$2.96	25d	1	1.16mi

HOA detail condo

• Monthly dues: $709 · $8,508/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 27 events

1. 2026-06-21
   days on market $335,000 Active 282 DOM
2. 2026-06-18
   days on market $335,000 Active 279 DOM
3. 2026-06-17
   days on market $335,000 Active 278 DOM
4. 2026-06-16
   days on market $335,000 Active 277 DOM
5. 2026-06-15
   days on market $335,000 Active 276 DOM
6. 2026-06-13
   days on market $335,000 Active 274 DOM
7. 2026-06-09
   days on market $335,000 Active 270 DOM
8. 2026-06-07
   days on market $335,000 Active 268 DOM
9. 2026-06-04
   days on market $335,000 Active 265 DOM
10. 2026-06-03
    days on market $335,000 Active 264 DOM
11. 2026-06-01
    days on market $335,000 Active 262 DOM
12. 2026-05-31
    days on market $335,000 Active 261 DOM
13. 2026-03-24
    listed $2,650
14. 2026-03-24
    historical $2,650
15. 2026-03-19
    listed $2,650
16. 2025-12-05
    historical $2,650
17. 2025-11-22
    listed $2,650
18. 2025-11-21
    status Active
19. 2025-11-14
    historical $2,650
20. 2025-11-06
    listed $2,650
21. 2025-11-02
    historical
22. 2025-08-24
    listed $335,000 Active
23. 2011-03-10
    soldstatus $95,900 606-char remark

    Show marketing remark (606 chars)

    Third floor 3 bedroom, 2 bath condo at San Matera. Great condition throughout, carpet throughout with tiled kitchen and baths. Open kitchen, dining area and living area, spacious bathrooms, plus screened balcony! Community offers tons of amenities. Close by December 31, 2010 and receive up to 3.5% in closing costs assistance! Plus, selling agent receives $1,500 bonus. Visit HomePath online under Special Offers for more details or ask me. Eligibility restrictions apply. This property is approved for HomePath Mortgage and HomePath Renovation Mortgage. Please contact listing agent for more information.

24. 2010-10-14
    historical 606-char remark

    Show marketing remark (606 chars)

    Third floor 3 bedroom, 2 bath condo at San Matera. Great condition throughout, carpet throughout with tiled kitchen and baths. Open kitchen, dining area and living area, spacious bathrooms, plus screened balcony! Community offers tons of amenities. Close by December 31, 2010 and receive up to 3.5% in closing costs assistance! Plus, selling agent receives $1,500 bonus. Visit HomePath online under Special Offers for more details or ask me. Eligibility restrictions apply. This property is approved for HomePath Mortgage and HomePath Renovation Mortgage. Please contact listing agent for more information.

25. 2010-09-15
    listed $99,900 606-char remark

    Show marketing remark (606 chars)

    Third floor 3 bedroom, 2 bath condo at San Matera. Great condition throughout, carpet throughout with tiled kitchen and baths. Open kitchen, dining area and living area, spacious bathrooms, plus screened balcony! Community offers tons of amenities. Close by December 31, 2010 and receive up to 3.5% in closing costs assistance! Plus, selling agent receives $1,500 bonus. Visit HomePath online under Special Offers for more details or ask me. Eligibility restrictions apply. This property is approved for HomePath Mortgage and HomePath Renovation Mortgage. Please contact listing agent for more information.

26. 2008-10-27
    historical 82-char remark

    Show marketing remark (82 chars)

    Gated community , pool, club house. tennis. Close to the Gardens Mall and Downtown

27. 2008-06-12
    listed $385,000 82-char remark

    Show marketing remark (82 chars)

    Gated community , pool, club house. tennis. Close to the Gardens Mall and Downtown

ⓘ 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: $4,454 · $371/mo
• Projected year-2 tax: $4,454 · $371/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: $43,224
• − Mortgage interest: −$18,765
• − Property taxes: −$4,454
• − Insurance: −$1,675
• − Repairs & maintenance: −$3,458
• − Management: −$3,458
• − HOA: −$8,508
• − Depreciation: −$9,745
• Taxable loss: −$6,840
• Est. tax savings @ 24.0%: +$1,642
• After-tax cash flow: $70/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 — Palm Beach Gardens

• Score: 69/100
• State rank: #464
• US rank: #8366

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Palm Beach Gardens, FL
• County: Palm Beach County · 1,438,312 people
• City population: 96,294
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 36,759
• Household income: $94,530
• Rent vs Own: 27.7% rent · 72.3% own
• Severe rent burden: 1429.0

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 (70%)
• Race & ethnicity: White 70% Hispanic / Latino 15% Two or more races 13% Black 5% Asian 4%
• Hispanic origin (detail): Mexican 2% Puerto Rican 2% Cuban 3%
• Common ancestry: Romanian 4% Lithuanian 3% Slovak 2%
• Foreign-born: 17% · Canada, Jamaica, Vietnam
• Languages at home: 78% English-only · Spanish 13% French/Haitian/Cajun 3% Other Indo-European 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: ▼ -346.12%
• Current HPI: 375.5381
• Rent YoY: ▲ 2.49%
• 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

-99.3% since first listed

15 events — show timeline

• 2026-03-24 Listed for Rent $2,650 RMLSFL
• 2026-03-24 Rental Removed $2,650 GFLMLS
• 2026-03-19 Listed for Rent $2,650 GFLMLS
• 2025-12-05 Rental Removed $2,650 GFLMLS
• 2025-11-22 Listed for Rent $2,650 GFLMLS
• 2025-11-21 Relisted — Beaches MLS
• 2025-11-14 Rental Removed $2,650 GFLMLS
• 2025-11-06 Listed for Rent $2,650 GFLMLS
• 2025-11-02 Listing Removed — Beaches MLS
• 2025-08-24 Listed $335,000 Beaches MLS
• 2011-03-10 Sold (MLS) $95,900 Beaches MLS
• 2010-10-14 Listing Removed — Beaches MLS
• 2010-09-15 Listed $99,900 Beaches MLS
• 2008-10-27 Listing Removed — Beaches MLS
• 2008-06-12 Listed $385,000 Beaches MLS

Property tax history

+5.5%/yr

Latest (2025): $4,454 · +5.2% YoY. Source: county tax records.