329 Knob Hill Blvd · Boca Raton, FL 33431

$444,900

2 bd · 2.0 ba · 1,539 sqft · SingleFamily public records · 31 Days on market

Built 1979 5,615 sqft lot $250/mo HOA · 7% 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 +10.8/30.0
• ARV discount +7.5/15.0
• Schools +4.3/10.0
• Rent growth +4.2/5.0
• Livability +3.9/5.0
• DSCR +3.1/10.0
• 1% rule +2.9/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

IMMACULATE HOME IN DESIRABLE KNOB HILL. TILE THROUGHOUT HOME, GRANITE COUNTERTOPS, NEW APPLIANCES, GLASSBLOCK IN FOYER & M/BATH. HUGE TILED & SCREENED PATIO. LRG CORNER LOT BEATIFULLY LANDSCAPED W/ MANY FRUIT TREES.

Key facts

• 5,615 sq ft lot
• 2 garage spots
• Community pool

Property features AI

Finance

• Other: No land lease
• HOA & community: Knob Hill association; Monthly HOA fee of 250; Association maintains grounds and common areas; Community amenities include clubhouse, pool, and shuffleboard court; Senior community; Pets allowed (restrictions possible); Community contains 80 units

Exterior

• Parking: Attached 2-car garage; Driveway parking; Asphalt parking surfaces; Total parking for 4 vehicles, including 2 covered spaces and 2 open spaces
• Security: Smoke detectors
• Utilities: Public water; Public sewer; Electricity available; Sewer connected
• Home design: Single family residence; One story; Resale property; Faces southeast; Located west of US-1 on a city street
• Construction: Brick and stucco construction with concrete block; Concrete, tile, and wood truss/rafter roof; Slab foundation; Built area: 2,196 (building area); Living area: 1,539
• Exterior features: Screened patio; Patio; Asphalt road frontage; Public maintained road; Not waterfront

Interior

• Kitchen: Dishwasher; Electric range; Electric cooktop; Microwave; Refrigerator
• Bedrooms: 2 bedrooms on the main level
• Flooring: Ceramic tile
• Bathrooms: 2 full bathrooms on the main level
• Heating & cooling: Central electric heating; Central air conditioning; Ceiling fans
• Interior features: Entrance foyer; Walk-in closets; Stacked bedroom layout; Blinds on windows; Unfurnished
• Laundry & utility: Electric dryer hookup; Laundry in garage

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $445k.

Deal economics

• At list price, monthly cash flow is $-205 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $409k (8.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $350k (21.4% below list).
• Recommended offer: $350k (21.4% below list) — sets the bar for 1% rule.
• Cap rate 5.7% 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: J. C. Mitchell Elementary School (math 54% / reading 60%, grade C+, #781 of 2,144 statewide, top 38%, 773 students, 50% FRL); Boca Raton Community Middle School (math 59% / reading 61%, grade B, #135 of 571 statewide, top 24%, 1,225 students, 41% FRL); West Boca Raton High School (math 55% / reading 70%, grade B-, #93 of 667 statewide, top 14%, 2,271 students, 28% FRL).
• Market conditions: Rents rising fast (+6.8%/yr); 181 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); solid renter incomes; 3,974 units permitted in Palm Beach County in 2024 (1,012 in 5+ unit buildings).
• This rent runs 39% of the median local income ($108k/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 $3k of loan paydown is wiped out by about $13k 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 31 days — a 3% lower offer ($432k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 24y 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 $180k; list at $445k implies a 148% 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 $349,664 (21.4% 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 31 days. Have you received any prior offers? Is the seller open to a 21% concession, seller financing, or rate buy-down credit?
3. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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.
9. 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.
10. 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: 0.79% ✗
• Cap rate: 5.74%
• Cash-on-cash: -1.98%
• DSCR: 0.91
• GRM: 10.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 6.83% rent growth · sell at horizon

5-year hold

• IRR: -15.5%
• Equity multiple: 0.43×
• Total profit: $-71,185
• Equity at exit: $66,336

10-year hold

• IRR: -1.7%
• Equity multiple: 0.87×
• Total profit: $-16,735
• Equity at exit: $38,467

Cash invested: $124,572 (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 33431

• Rents YoY: 6.8%
• Active inventory: 181
• Price-to-rent: 10.6×

Monthly cashflow live

• Estimated rent: $3,497 high
• Mortgage (P&I): −$2,333
• Tax from tax record: −$199 /mo · $2,389/yr
• Insurance: −$185
• HOA: −$250
• Vacancy / Maint / Mgmt: −$734
• Net cashflow: $-205

Break-even live

Break-even rent $3,756

Max offer price $408,642

Occupancy floor —

Sensitivity live

Price	-10% $47	-5% $-79	+0% $-205	+5% $-331	+10% $-457
Rent	-10% $-481	-5% $-343	+0% $-205	+5% $-67	+10% $71
Rate	-1.0pp $19	-0.5pp $-92	base $-205	+0.5pp $-321	+1.0pp $-438

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: $111,225
• Closing costs: $13,347
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
300 NW 42nd St Boca Raton, FL	2.0	2.0	1108	$2,500	$2.26	0d	1	0.22mi
300 NW 42nd St Boca Raton, FL	2.0	2.0	1108	$2,450	$2.21	15d	1	0.22mi
323 NW Spanish River Blvd Boca Raton, FL	3.0	3.0	1322	$5,200	$3.93	25d	1	0.25mi
4601 NW 2nd Ave #805 Boca Raton, FL	2.0	2.5	1536	$3,200	$2.08	6d	1	0.31mi
4990 NW 2nd Ct Boca Raton, FL	3.0	3.0	1896	$5,500	$2.90	25d	1	0.32mi
524 NW 53rd St Boca Raton, FL	3.0	2.0	1758	$5,000	$2.84	14d	1	0.41mi
500 NW 53rd St Boca Raton, FL	2.0	2.0	1320	$3,000	$2.27	25d	1	0.41mi
5151 W Club Cir #206 Boca Raton, FL	2.0	2.0	1200	$2,500	$2.08	15d	1	0.41mi
350 Club Cir #208 Boca Raton, FL	2.0	2.0	1200	$2,450	$2.04	9d	1	0.43mi
552 NW 39th Cir Boca Raton, FL	3.0	3.5	1957	$5,000	$2.55	9d	1	0.44mi
400 Club Cir #101 Boca Raton, FL	2.0	2.0	1200	$2,800	$2.33	3d	1	0.44mi
560 N West 39th Cir Unit 560 Boca Raton, FL	3.0	3.5	1924	$4,750	$2.47	25d	1	0.45mi
351 Club Cir #208 Boca Raton, FL	2.0	2.0	1200	$2,600	$2.17	0d	1	0.45mi
400 Club Cir Boca Raton, FL	2.0	2.0	1200	$2,900	$2.42	25d	1	0.45mi
516 NW 54th St Unit 516 Boca Raton, FL	3.0	2.0	1415	$4,850	$3.43	20d	1	0.47mi
516 NW 54th St Boca Raton, FL	3.0	2.0	1415	$4,650	$3.29	12d	1	0.47mi
516 NW 54th St Boca Raton, FL	3.0	2.0	1415	$4,550	$3.22	22d	1	0.47mi
301 Club Cir #208 Boca Raton, FL	2.0	2.0	1200	$2,300	$1.92	0d	1	0.48mi
5200 E Club Cir Boca Raton, FL	2.0	2.0	1200	$2,224	$1.85	25d	2	0.50mi
299 NW 52nd Ter Unit X Boca Raton, FL	2.0	2.0	1300	$3,000	$2.31	25d	1	0.50mi
299 NW 52nd Ter Unit PHX Boca Raton, FL	2.0	2.0	1300	$3,000	$2.31	9d	1	0.50mi
564 NW 55th St Boca Raton, FL	2.0	2.0	1385	$3,200	$2.31	25d	1	0.52mi
260 NW 36th St Boca Raton, FL	3.0	2.0	1524	$5,500	$3.61	6d	1	0.54mi
260 NW 36th St Boca Raton, FL	3.0	2.0	1524	$5,000	$3.28	15d	1	0.54mi
260 NW 36th St Boca Raton, FL	3.0	2.0	1524	$5,000	$3.28	14d	1	0.54mi
260 NW 36th St Boca Raton, FL	3.0	2.0	1524	$5,000	$3.28	12d	1	0.54mi
270 NW 36th St Boca Raton, FL	3.0	2.0	1118	$6,000	$5.37	25d	1	0.54mi
5301 NW 2nd Ave #1010 Boca Raton, FL	2.0	2.0	1300	$2,800	$2.15	25d	1	0.59mi
5301 NW 2nd Ave Apt 307 Boca Raton, FL	2.0	2.0	1300	$2,900	$2.23	25d	1	0.59mi
5301 NW 2nd Ave Boca Raton, FL	2.0	2.0–2.5	1300	$2,698	$2.08	8d	2	0.60mi
5301 NW 2nd Ave Boca Raton, FL	2.0	2.0–2.5	1300	$2,640	$2.03	6d	2	0.60mi
5121 Sabal Gardens Ln #2 Boca Raton, FL	2.0	2.5	1456	$3,200	$2.20	25d	1	0.60mi
5340 NW 2nd Ave #226 Boca Raton, FL	2.0	2.0	1316	$3,500	$2.66	25d	1	0.61mi
3761 NE 4th Ave Boca Raton, FL	3.0	2.0	1720	$11,987	$6.97	25d	1	0.63mi
3355 Jaywood Ter Unit J-113 Boca Raton, FL	3.0	2.0	1170	$3,450	$2.95	16d	1	0.65mi
421 NE 38th St Boca Raton, FL	2.0	2.0	1184	$3,200	$2.70	6d	1	0.66mi
421 NE 38th St Unit 1 Boca Raton, FL	2.0	2.0	1184	$3,200	$2.70	6d	1	0.66mi
3149 Kingswood Ter Boca Raton, FL	2.0	2.0	1354	$2,800	$2.07	25d	1	0.68mi
518 NE 48th St Boca Raton, FL	2.0	2.0	1350	$3,250	$2.41	25d	1	0.69mi
5500 NW 2nd Ave #514 Boca Raton, FL	3.0	2.0	1200	$2,900	$2.42	16d	1	0.69mi

HOA detail

• Monthly dues: $250 · $3,000/yr

Listing history 22 events

1. 2026-06-21
   days on market $444,900 Active 31 DOM
2. 2026-06-18
   days on market $444,900 Active 28 DOM
3. 2026-06-17
   days on market $444,900 Active 27 DOM
4. 2026-06-16
   days on market $444,900 Active 26 DOM
5. 2026-06-15
   days on market $444,900 Active 25 DOM
6. 2026-06-13
   days on market $444,900 Active 23 DOM
7. 2026-06-09
   days on market $444,900 Active 19 DOM
8. 2026-06-08
   days on market $444,900 Active 18 DOM
9. 2026-06-07
   days on market $444,900 Active 17 DOM
10. 2026-06-04
    days on market $444,900 Active 14 DOM
11. 2026-06-03
    days on market $444,900 Active 13 DOM
12. 2026-06-02
    days on market $444,900 Active 12 DOM
13. 2026-06-01
    days on market $444,900 Active 11 DOM
14. 2026-05-31
    days on market $444,900 Active 10 DOM
15. 2026-05-21
    listed $444,900 Active
16. 2002-12-02
    soldstatus $179,500
17. 2002-11-29
    soldstatus $179,500 227-char remark

    Show marketing remark (227 chars)

    IMMACULATE HOME IN DESIRABLE KNOB HILL. TILE THROUGHOUT HOME, GRANITE COUNTERTOPS, NEW APPLIANCES, GLASSBLOCK IN FOYER & M/BATH. HUGE TILED & SCREENED PATIO. LRG CORNER LOT BEATIFULLY LANDSCAPED W/ MANY FRUIT TREES.

18. 2002-10-05
    historical 227-char remark

    Show marketing remark (227 chars)

    IMMACULATE HOME IN DESIRABLE KNOB HILL. TILE THROUGHOUT HOME, GRANITE COUNTERTOPS, NEW APPLIANCES, GLASSBLOCK IN FOYER & M/BATH. HUGE TILED & SCREENED PATIO. LRG CORNER LOT BEATIFULLY LANDSCAPED W/ MANY FRUIT TREES.

19. 2002-09-23
    historical
20. 2002-09-21
    listed $184,000 227-char remark

    Show marketing remark (227 chars)

    IMMACULATE HOME IN DESIRABLE KNOB HILL. TILE THROUGHOUT HOME, GRANITE COUNTERTOPS, NEW APPLIANCES, GLASSBLOCK IN FOYER & M/BATH. HUGE TILED & SCREENED PATIO. LRG CORNER LOT BEATIFULLY LANDSCAPED W/ MANY FRUIT TREES.

21. 2002-09-21
    listed $184,000

    Show marketing remark (227 chars)

    IMMACULATE HOME IN DESIRABLE KNOB HILL. TILE THROUGHOUT HOME, GRANITE COUNTERTOPS, NEW APPLIANCES, GLASSBLOCK IN FOYER & M/BATH. HUGE TILED & SCREENED PATIO. LRG CORNER LOT BEATIFULLY LANDSCAPED W/ MANY FRUIT TREES.

22. 1993-04-09
    soldstatus $107,700

ⓘ 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: $2,389 · $199/mo
• Projected year-2 tax: $3,693 · $308/mo
• Expected delta: +$1,303/yr (+$109/mo · 54.5%)

ⓘ 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 · 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

Taxation est. · year 1

• Rental income: $41,960
• − Mortgage interest: −$24,921
• − Property taxes: −$2,389
• − Insurance: −$2,224
• − Repairs & maintenance: −$3,357
• − Management: −$3,357
• − HOA: −$3,000
• − Depreciation: −$12,943
• Taxable loss: −$10,232
• Est. tax savings @ 24.0%: +$2,456
• After-tax cash flow: $-7/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): 24,608
• Household income: $107,896
• Rent vs Own: 34.5% rent · 65.5% own
• Severe rent burden: 872.0

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: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: White 63% Hispanic / Latino 15% Black 14% Two or more races 10% Asian 4%
• Hispanic origin (detail): Mexican 3% Puerto Rican 1% Cuban 3%
• Common ancestry: Hispanic 9% Scotch-Irish 5% Romanian 5%
• Foreign-born: 15% · Canada, Jamaica, Vietnam
• Languages at home: 77% English-only · Spanish 11% Other Indo-European 5% French/Haitian/Cajun 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: ▼ -425.66%
• Current HPI: 342.0339
• Rent YoY: ▲ 6.83%
• 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

+313.1% since first listed

8 events — show timeline

• 2026-05-21 Listed $444,900 Beaches MLS
• 2002-12-02 Sold (Public Records) $179,500 Public Records
• 2002-11-29 Sold (MLS) $179,500 Beaches MLS
• 2002-10-05 Listing Removed — Beaches MLS
• 2002-09-23 Listing Removed — Beaches MLS
• 2002-09-21 Listed $184,000 Beaches MLS
• 2002-09-21 Listed $184,000 Beaches MLS
• 1993-04-09 Sold (Public Records) $107,700 Public Records

Property tax history

+0.1%/yr

Latest (2025): $2,389 · +3.4% YoY. Source: county tax records.