3595 Birdie Dr #108 · Greenacres, FL 33467

$139,900

2 bd · 2.0 ba · 1,090 sqft · Condo public records · 60 Days on market

Built 1978 $807/mo HOA · 38% 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).

• 1% rule +10.0/10.0
• Cash flow +8.5/30.0
• ARV discount +7.5/15.0
• Schools +4.3/10.0
• Livability +3.5/5.0
• Condition / age +2.5/5.0
• Rent growth +2.4/5.0
• DSCR +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

YOU WILL LOVE THIS CONVENIENTLY LOCATED BRIGHT, FULLY FURNISHED 1ST FLOOR CORNER CONDO WITH WATER & GOLF VIEWS. THE EAST FACING 23' LONG PATIO OPENS INTO THE EAT-IN KITCHEN, LIVING ROOM, & MASTER BEDROOM. THE KITCHEN FEATURES WHITE CABINETRY WITH UPDATED COUNTERTOPS & APPLIANCES. A WINDOW IN THE DINING ROOM ADDS ADDITIONAL BRIGHTNESS & VIEWS. THE SPLIT BEDROOM PLAN OFFERS GUESTS AN ADJACENT BTH WHILE THE MASTER BEDROOM HAS 2 CLOSETS(1 IS WALK-IN) & ENSUITE BATH WITH AN UPDATED SHOWER. HURRICANE IMPACT WINDOWS ARE IN THE KITCHEN, DIN. ROOM & GUEST BEDROOM. CONVENIENTLY LOCATED CLOSE TO THE RESORT STYLE BIRDIE POOL WITH ITS LARGE CABANA AREA , THIS PRIVATE ENCLAVE OF 3 BUILDINGS HAS A WALK-OVER TO THE CLUBHOUSE WITH AN ADDITIONAL POOL, TENNIS, PAY-AS-YOU-PLAY GOLF, MEL'S BISTRO, GYM, SHOWS++

Key facts

• Quartz countertops
• Water views
• Remodeled kitchen

Tags

• WATER VIEWS
• EASTERLY EXPOSURES
• REMODELED KITCHEN
• HIGH END CABINETRY
• QUARTZ COUNTERTOPS
• DELUXE APPLIANCES

Property features AI

Finance

• Other: Pets not allowed
• HOA & community: Monthly HOA ($807) covering cable TV, insurance, grounds maintenance, pest control, security, sewer, trash, water, common areas, elevator, and recreation facilities; Association amenities include clubhouse, heated pool, pool, fitness center, tennis courts, pickleball court(s), shuffleboard, billiard room, library, cafe/restaurant, community room, parking, elevator(s), and internet included; Senior community

Exterior

• Parking: Assigned parking; Guest parking; Total of 1 parking space
• Utilities: Public water; Public sewer; Electricity connected; Cable available
• Home design: Condominium; One-level unit; Faces west; Building B in a 6-story building
• Construction: Stucco construction; Other roof
• Exterior features: Screened porch; Porch; Located on a golf course; Waterfront

Interior

• Kitchen: Dishwasher; Electric range; Refrigerator; Disposal; Electric water heater
• Bedrooms: 2 bedrooms on main level
• Flooring: Ceramic tile; Laminate
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heating (central individual); Central individual cooling (electric); Ceiling fans
• Interior features: Entrance foyer; Walk-in closets; Split bedroom layout; Storm windows; Furnished
• Laundry & utility: Laundry closet inside unit

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $140k.

Deal economics

• At list price, monthly cash flow is $-123 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $118k (15.6% below list).
• Meets the 1% rule at list price ($2k rent vs $140k).
• Recommended offer: $118k (15.6% below list) — sets the bar for cash-flow.

Location & tenants

• Location reads 69/100 on livability (#490 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A; Watch: employment D, amenities F, commute 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: Liberty Park Elementary School (math 25% / reading 38%, grade F, #1,841 of 2,144 statewide, top 86%, 845 students, 76% FRL); Okeeheelee Middle School (math 34% / reading 40%, grade F, #399 of 571 statewide, top 71%, 1,377 students, 68% FRL) — zoned schools average 72% FRL vs 52% district-wide (20 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 34% at this address vs 50% district-wide (-15 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 soft (-0.4%/yr); 651 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $967 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 60 days — a 3% lower offer ($136k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 15y 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 $105k; 33% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: HOA is 38% 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.

Recommended offer $118,096 (15.6% 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 60 days. Have you received any prior offers? Is the seller open to a 16% concession, seller financing, or rate buy-down credit?
3. Built in 1978 — 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. 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?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 1.52% ✓
• Cap rate: 5.23%
• Cash-on-cash: -3.78%
• DSCR: 0.83
• GRM: 5.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -29.1%
• Equity multiple: 0.08×
• Total profit: $-36,204
• Equity at exit: $20,860

10-year hold

• IRR: -77.0%
• Equity multiple: -0.62×
• Total profit: $-63,464
• Equity at exit: $12,096

Cash invested: $39,172 (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 33467

• Rents YoY: -0.4%
• Active inventory: 651
• Price-to-rent: 5.5×

Monthly cashflow live

• Estimated rent: $2,121 high
• Mortgage (P&I): −$734
• Tax from tax record: −$200 /mo · $2,403/yr
• Insurance: −$58
• HOA: −$807
• Vacancy / Maint / Mgmt: −$445
• Net cashflow: $-123

Break-even live

Break-even rent $2,277

Max offer price $118,096

Occupancy floor —

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: $34,975
• Closing costs: $4,197
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3593 Birdie Dr #103 Lake Worth, FL	1.0	1.5	824	$1,600	$1.94	24d	1	0.05mi
3661 Via Poinciana #616 Lake Worth, FL	2.0	2.0	1103	$2,000	$1.81	22d	1	0.13mi
3661 Via Poinciana #616 Lake Worth, FL	2.0	2.0	1103	$2,000	$1.81	13d	1	0.13mi
3755 Via Poinciana #304 Lake Worth, FL	2.0	2.0	1103	$2,000	$1.81	24d	1	0.16mi
192 Cape Cod Cir Lake Worth, FL	1.0	1.5	902	$1,850	$2.05	24d	1	0.21mi
3590 Via Poinciana #510 Lake Worth, FL	1.0	1.5	849	$1,600	$1.88	24d	1	0.21mi
245 Down East Ln Unit B Lake Worth, FL	2.0	2.0	941	$1,900	$2.02	24d	1	0.21mi
3326 Arcara Way #108 Lake Worth, FL	2.0	2.0	1222	$1,825	$1.49	17d	1	0.23mi
386 Bennington Ln Lake Worth, FL	2.0	2.0	941	$2,000	$2.13	15d	1	0.27mi
733 Nantucket Cir Lake Worth, FL	2.0	2.0	941	$2,500	$2.66	24d	1	0.28mi
711 Laconia Cir Unit B Lake Worth, FL	2.0	2.0	1088	$2,300	$2.11	24d	1	0.28mi
3810 Via Poinciana #404 Lake Worth, FL	2.0	2.0	1114	$1,900	$1.71	7d	1	0.30mi
3286 Arcara Way #413 Lake Worth, FL	2.0	2.0	1222	$1,850	$1.51	24d	1	0.31mi
3212 Strawflower Way Lake Worth, FL	2.0	2.0	1017	$2,000	$1.97	17d	2	0.44mi
3212 Strawflower Way Greenacres, FL	2.0	2.0	1017	$2,200	$2.16	10d	1	0.45mi
3212 Strawflower Way #207 Lake Worth, FL	2.0	2.0	1017	$1,850	$1.82	24d	1	0.45mi
4070 Tivoli Ct #307 Lake Worth, FL	2.0	2.0	939	$1,675	$1.78	5d	1	0.49mi
4070 Tivoli Ct #307 Lake Worth, FL	2.0	2.0	939	$1,750	$1.86	20d	1	0.49mi
845 Salem Ln Lake Worth, FL	2.0	2.0	1024	$1,850	$1.81	24d	1	0.50mi
4080 Tivoli Ct #307 Lake Worth, FL	3.0	2.0	1253	$1,999	$1.60	24d	1	0.53mi
3178 Via Poinciana #303 Lake Worth, FL	2.0	2.0	1145	$1,600	$1.40	24d	1	0.55mi
3146 Via Poinciana #301 Lake Worth, FL	2.0	2.0	1080	$1,500	$1.39	20d	1	0.59mi
4373 Trevi Ct Lake Worth, FL	2.0	1.5	1080	$2,500	$2.31	17d	1	0.59mi
4100 Tivoli Ct #104 Lake Worth, FL	1.0	1.0	780	$1,600	$2.05	24d	1	0.63mi
4363 Trevi Ct #203 Lake Worth, FL	1.0	1.5	761	$1,650	$2.17	24d	1	0.63mi
4120 Tivoli Ct #305 Lake Worth, FL	1.0	1.0	704	$1,750	$2.49	24d	1	0.64mi
3258 Jog Park Dr Greenacres, FL	2.0	2.0	1415	$2,300	$1.63	24d	1	0.64mi
3154 Via Poinciana #214 Lake Worth, FL	2.0	2.0	1092	$1,500	$1.37	24d	1	0.64mi
4345 Trevi Ct #204 Lake Worth, FL	2.0	2.0	1005	$2,100	$2.09	20d	1	0.71mi
4228 Deste Ct Greenacres, FL	3.0	2.5	1497	$3,000	$2.00	18d	1	0.72mi
3043 Grandiflora Dr Lake Worth, FL	3.0	2.0	1316	$2,700	$2.05	12d	1	0.72mi
4230 Deste Ct Unit 305 Greenacres, FL	1.0	1.0	716	$1,900	$2.65	5d	1	0.74mi
4284 Deste Ct #304 Greenacres, FL	1.0	1.0	716	$2,200	$3.07	17d	1	0.77mi
3350 Perimeter Dr #1323 Greenacres, FL	2.0	2.0	1059	$1,975	$1.86	2d	1	0.78mi
3386 Lucerne Park Dr Greenacres, FL	2.0	2.0	1059	$1,950	$1.84	24d	1	0.78mi
4236 Deste Ct #108 Greenacres, FL	1.0	1.0	716	$1,800	$2.51	17d	1	0.79mi
6615 Waterfront Xing Lake Worth, FL	1.0–3.0	1.0–2.0	1087	$2,864	$2.63	2d	22	0.85mi
4242 Deste Ct Unit 208 Greenacres, FL	2.0	2.0	978	$2,500	$2.56	24d	1	0.85mi
6273 Tall Cypress Cir Greenacres, FL	3.0	2.0	1360	$2,400	$1.76	24d	1	0.90mi
6170 Dodd Rd Unit The Greenacres, FL	2.0	2.0	1000	$2,600	$2.60	24d	1	0.92mi

HOA detail condo

• Monthly dues: $807 · $9,684/yr
• Likely covers: waterpoolgym
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 25 events

1. 2026-06-18
   days on market $139,900 Active 60 DOM
2. 2026-06-17
   days on market $139,900 Active 59 DOM
3. 2026-06-16
   days on market $139,900 Active 58 DOM
4. 2026-06-15
   days on market $139,900 Active 57 DOM
5. 2026-06-13
   days on market $139,900 Active 55 DOM
6. 2026-06-09
   days on market $139,900 Active 51 DOM
7. 2026-06-08
   days on market $139,900 Active 50 DOM
8. 2026-06-07
   days on market $139,900 Active 49 DOM
9. 2026-06-04
   days on market $139,900 Active 46 DOM
10. 2026-06-03
    days on market $139,900 Active 45 DOM
11. 2026-06-02
    days on market $139,900 Active 44 DOM
12. 2026-06-01
    days on market $139,900 Active 43 DOM
13. 2026-05-31
    days on market $139,900 Active 42 DOM
14. 2026-05-19
    price $139,900
15. 2026-04-19
    listed $146,500 Active
16. 2020-05-21
    soldstatus $104,900
17. 2020-05-08
    soldstatus $104,900 Closed 838-char remark

    Show marketing remark (838 chars)

    YOU WILL LOVE THIS CONVENIENTLY LOCATED BRIGHT, FULLY FURNISHED 1ST FLOOR CORNER CONDO WITH WATER & GOLF VIEWS. THE EAST FACING 23' LONG PATIO OPENS INTO THE EAT-IN KITCHEN, LIVING ROOM, & MASTER BEDROOM. THE KITCHEN FEATURES WHITE CABINETRY WITH UPDATED COUNTERTOPS & APPLIANCES. A WINDOW IN THE DINING ROOM ADDS ADDITIONAL BRIGHTNESS & VIEWS. THE SPLIT BEDROOM PLAN OFFERS GUESTS AN ADJACENT BTH WHILE THE MASTER BEDROOM HAS 2 CLOSETS(1 IS WALK-IN) & ENSUITE BATH WITH AN UPDATED SHOWER. HURRICANE IMPACT WINDOWS ARE IN THE KITCHEN, DIN. ROOM & GUEST BEDROOM. CONVENIENTLY LOCATED CLOSE TO THE RESORT STYLE BIRDIE POOL WITH ITS LARGE CABANA AREA , THIS PRIVATE ENCLAVE OF 3 BUILDINGS HAS A WALK-OVER TO THE CLUBHOUSE WITH AN ADDITIONAL POOL, TENNIS, PAY-AS-YOU-PLAY GOLF, MEL'S BISTRO, GYM, SHOWS++

18. 2020-04-07
    historical Contingent 838-char remark

    Show marketing remark (838 chars)

    YOU WILL LOVE THIS CONVENIENTLY LOCATED BRIGHT, FULLY FURNISHED 1ST FLOOR CORNER CONDO WITH WATER & GOLF VIEWS. THE EAST FACING 23' LONG PATIO OPENS INTO THE EAT-IN KITCHEN, LIVING ROOM, & MASTER BEDROOM. THE KITCHEN FEATURES WHITE CABINETRY WITH UPDATED COUNTERTOPS & APPLIANCES. A WINDOW IN THE DINING ROOM ADDS ADDITIONAL BRIGHTNESS & VIEWS. THE SPLIT BEDROOM PLAN OFFERS GUESTS AN ADJACENT BTH WHILE THE MASTER BEDROOM HAS 2 CLOSETS(1 IS WALK-IN) & ENSUITE BATH WITH AN UPDATED SHOWER. HURRICANE IMPACT WINDOWS ARE IN THE KITCHEN, DIN. ROOM & GUEST BEDROOM. CONVENIENTLY LOCATED CLOSE TO THE RESORT STYLE BIRDIE POOL WITH ITS LARGE CABANA AREA , THIS PRIVATE ENCLAVE OF 3 BUILDINGS HAS A WALK-OVER TO THE CLUBHOUSE WITH AN ADDITIONAL POOL, TENNIS, PAY-AS-YOU-PLAY GOLF, MEL'S BISTRO, GYM, SHOWS++

19. 2020-03-29
    status Active 838-char remark

    Show marketing remark (838 chars)

    YOU WILL LOVE THIS CONVENIENTLY LOCATED BRIGHT, FULLY FURNISHED 1ST FLOOR CORNER CONDO WITH WATER & GOLF VIEWS. THE EAST FACING 23' LONG PATIO OPENS INTO THE EAT-IN KITCHEN, LIVING ROOM, & MASTER BEDROOM. THE KITCHEN FEATURES WHITE CABINETRY WITH UPDATED COUNTERTOPS & APPLIANCES. A WINDOW IN THE DINING ROOM ADDS ADDITIONAL BRIGHTNESS & VIEWS. THE SPLIT BEDROOM PLAN OFFERS GUESTS AN ADJACENT BTH WHILE THE MASTER BEDROOM HAS 2 CLOSETS(1 IS WALK-IN) & ENSUITE BATH WITH AN UPDATED SHOWER. HURRICANE IMPACT WINDOWS ARE IN THE KITCHEN, DIN. ROOM & GUEST BEDROOM. CONVENIENTLY LOCATED CLOSE TO THE RESORT STYLE BIRDIE POOL WITH ITS LARGE CABANA AREA , THIS PRIVATE ENCLAVE OF 3 BUILDINGS HAS A WALK-OVER TO THE CLUBHOUSE WITH AN ADDITIONAL POOL, TENNIS, PAY-AS-YOU-PLAY GOLF, MEL'S BISTRO, GYM, SHOWS++

20. 2020-03-24
    historical Contingent 838-char remark

    Show marketing remark (838 chars)

    YOU WILL LOVE THIS CONVENIENTLY LOCATED BRIGHT, FULLY FURNISHED 1ST FLOOR CORNER CONDO WITH WATER & GOLF VIEWS. THE EAST FACING 23' LONG PATIO OPENS INTO THE EAT-IN KITCHEN, LIVING ROOM, & MASTER BEDROOM. THE KITCHEN FEATURES WHITE CABINETRY WITH UPDATED COUNTERTOPS & APPLIANCES. A WINDOW IN THE DINING ROOM ADDS ADDITIONAL BRIGHTNESS & VIEWS. THE SPLIT BEDROOM PLAN OFFERS GUESTS AN ADJACENT BTH WHILE THE MASTER BEDROOM HAS 2 CLOSETS(1 IS WALK-IN) & ENSUITE BATH WITH AN UPDATED SHOWER. HURRICANE IMPACT WINDOWS ARE IN THE KITCHEN, DIN. ROOM & GUEST BEDROOM. CONVENIENTLY LOCATED CLOSE TO THE RESORT STYLE BIRDIE POOL WITH ITS LARGE CABANA AREA , THIS PRIVATE ENCLAVE OF 3 BUILDINGS HAS A WALK-OVER TO THE CLUBHOUSE WITH AN ADDITIONAL POOL, TENNIS, PAY-AS-YOU-PLAY GOLF, MEL'S BISTRO, GYM, SHOWS++

21. 2020-03-19
    listed $104,900 Active 838-char remark

    Show marketing remark (838 chars)

    YOU WILL LOVE THIS CONVENIENTLY LOCATED BRIGHT, FULLY FURNISHED 1ST FLOOR CORNER CONDO WITH WATER & GOLF VIEWS. THE EAST FACING 23' LONG PATIO OPENS INTO THE EAT-IN KITCHEN, LIVING ROOM, & MASTER BEDROOM. THE KITCHEN FEATURES WHITE CABINETRY WITH UPDATED COUNTERTOPS & APPLIANCES. A WINDOW IN THE DINING ROOM ADDS ADDITIONAL BRIGHTNESS & VIEWS. THE SPLIT BEDROOM PLAN OFFERS GUESTS AN ADJACENT BTH WHILE THE MASTER BEDROOM HAS 2 CLOSETS(1 IS WALK-IN) & ENSUITE BATH WITH AN UPDATED SHOWER. HURRICANE IMPACT WINDOWS ARE IN THE KITCHEN, DIN. ROOM & GUEST BEDROOM. CONVENIENTLY LOCATED CLOSE TO THE RESORT STYLE BIRDIE POOL WITH ITS LARGE CABANA AREA , THIS PRIVATE ENCLAVE OF 3 BUILDINGS HAS A WALK-OVER TO THE CLUBHOUSE WITH AN ADDITIONAL POOL, TENNIS, PAY-AS-YOU-PLAY GOLF, MEL'S BISTRO, GYM, SHOWS++

22. 2013-10-30
    soldstatus $38,000
23. 2012-09-14
    historical
24. 2011-04-08
    listed $46,500
25. 1987-03-01
    soldstatus $64,000

ⓘ 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: $2,403 · $200/mo
• Projected year-2 tax: $2,403 · $200/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 · 25 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,455
• − Mortgage interest: −$7,837
• − Property taxes: −$2,403
• − Insurance: −$700
• − Repairs & maintenance: −$2,036
• − Management: −$2,036
• − HOA: −$9,684
• − Depreciation: −$4,070
• Taxable loss: −$3,311
• Est. tax savings @ 24.0%: +$795
• After-tax cash flow: $-686/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 — Greenacres

• Score: 69/100
• State rank: #490
• US rank: #9008

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Palm Beach County · 1,438,312 people
• City population: 65,478
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 58,411
• Household income: $95,739
• Rent vs Own: 13.6% rent · 86.4% own
• Severe rent burden: 960.0

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 0.59)
• Race & ethnicity: White 59% Hispanic / Latino 22% Two or more races 13% Black 10% Asian 4%
• Hispanic origin (detail): Mexican 2% Puerto Rican 4% Cuban 4% Dominican 2%
• Common ancestry: Romanian 4% Scotch-Irish 3% Hispanic 3%
• Foreign-born: 24% · Canada, Jamaica, Vietnam
• Languages at home: 71% English-only · Spanish 17% French/Haitian/Cajun 5% Other Indo-European 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: ▼ -288.94%
• Current HPI: 343.7738
• Rent YoY: ▼ -0.40%
• 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

+118.6% since first listed

12 events — show timeline

• 2026-05-19 Price Changed $139,900 Beaches MLS
• 2026-04-19 Listed $146,500 Beaches MLS
• 2020-05-21 Sold (Public Records) $104,900 Public Records
• 2020-05-08 Sold (MLS) $104,900 Beaches MLS
• 2020-04-07 Contingent — Beaches MLS
• 2020-03-29 Relisted — Beaches MLS
• 2020-03-24 Contingent — Beaches MLS
• 2020-03-19 Listed $104,900 Beaches MLS
• 2013-10-30 Sold (Public Records) $38,000 Public Records
• 2012-09-14 Listing Removed — Beaches MLS
• 2011-04-08 Listed $46,500 Beaches MLS
• 1987-03-01 Sold (Public Records) $64,000 Public Records

Property tax history

+12.8%/yr

Latest (2025): $2,403 · -0.3% YoY. Source: county tax records.