95 Burgundy B · 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 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B 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
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- ARV discount +7.5/15.0
- Schools +4.3/10.0
- Livability +3.9/5.0
- Rent growth +3.6/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$60,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
**MOTIVATED SELLER - DON'T MISS THIS OPPORTUNITY TO TAKE A LOOK** Move into the fabulous Kings Point Golf and Country Club, where NO MEMBERSHIP equity is required, and enjoy all the exceptional amenities it has to offer! Freshly painted and priced to sell! This furnished second-floor condo features 1 bedroom and 1.5 bathrooms, with ceramic tile flooring in the living areas and cozy carpeting in the bedroom. Bright and inviting, it boasts abundant natural light throughout. Enjoy the convenience of an in-unit washer and dryer, neatly tucked away in the utility closet. Residents enjoy access to **8 pools** (3 of which are indoors), **3 multi-million dollar clubhouses**, and a wide range of amenities, including golf, billiards, tennis, pickleball, basketball courts, a theater, bistro, gyms, clubs, and more! Located near the vibrant downtown areas of Delray Beach and Boca Raton with easy access to dining, shopping, beaches, and more. Courtesy shuttle buses available. Situated ideally near the Simms gate for quick entrance and exit to Kings Point. ****LOWEST HOA monthly fee $583****
Key facts
- Newer flooring
- Covered balcony
- Screened balcony
Tags
Property features AI
Finance
- Other: Property faces south; Senior community
- Financial info: Not a land-lease property
- HOA & community: Association managed by Phoenix management; Monthly HOA fee; Association amenities include pool, indoor pool, spa/hot tub, fitness center, tennis courts, golf course, clubhouse, billiard room, game room, bocce ball, business center, cafe/restaurant, community room, library, courtesy bus, management, on-site manager, parking, elevator(s), and pool; HOA fee covers cable TV, insurance, ground maintenance, common area maintenance, and roof repairs
Exterior
- Parking: Assigned parking plus guest spaces; One open/assigned parking space
- Security: Gated community with guard
- Utilities: Public water; Public sewer; Three-phase electric service; Cable available; Electricity available; Sewer available; Water available
- Home design: Condominium; Two total stories in the building; Living area listed from public records
- Construction: CBS construction
- Exterior features: Waterfront property (no specific waterfront features listed); Roof described as 'Other'
Interior
- Kitchen: Electric range; Dishwasher; Garbage disposal; Refrigerator; Electric water heater
- Bedrooms: One bedroom on the main level
- Flooring: Ceramic tile; Laminate; Vinyl
- Bathrooms: One full bathroom and one half bathroom (two bathrooms total)
- Heating & cooling: Central heating; Central air conditioning
- Interior features: Unit is sold furnished; No additional interior features listed
- Laundry & utility: Laundry closet
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/1.5-bath condo listed at $60k.
Deal economics
- At list price, monthly cash flow is $499 ($6k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $60k).
- Recommended offer: $59k (1.5% below list) — sets the bar for market timing.
- Cap rate 16.3% vs local median 4.3% 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); Spanish River Community High School (math 64% / reading 74%, grade B, #63 of 667 statewide, top 10%, 2,578 students, 25% FRL) — zoned schools at 50% FRL track the district average.
- Market conditions: Rents rising fast (+4.3%/yr); 546 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); 3,974 units permitted in Palm Beach County in 2024 (1,012 in 5+ unit buildings).
- This rent runs 38% of the median local income ($62k/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 $415 of loan paydown is wiped out by about $2k 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 $17k cash investment doubles in ~4 years — after that, you're playing with house money.
Negotiation context
- It's been on market 20 days — a 2% lower offer ($59k) is reasonable based on typical stale-listing flexibility.
- 5 sale attempts since 2y ago; this cycle's ask has dropped $5k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: HOA is 31% 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.
Questions for the listing agent
- Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- 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?
- 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
- 3.31% ✓
- Cap rate
- 16.28%
- Cash-on-cash
- 35.66%
- DSCR
- 2.59
- GRM
- 2.5
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 4.28% rent growth · sell at horizon
- IRR
- 34.2%
- Equity multiple
- 2.49×
- Total profit
- $25,099
- Equity at exit
- $8,946
- IRR
- 42.3%
- Equity multiple
- 5.49×
- Total profit
- $75,479
- Equity at exit
- $5,188
Cash invested: $16,800 (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
ZIP-level market 33484
- Rents YoY
- 4.3%
- Active inventory
- 546
- Price-to-rent
- 2.5×
Monthly cashflow live
- Estimated rent
- $1,988 high interval (Pro) →
- Mortgage (P&I)
- −$315
- Tax from tax record
- −$111 /mo · $1,328/yr
- Insurance
- −$25
- HOA
- −$621
- Vacancy / Maint / Mgmt
- −$417
- Net cashflow
- $499
Break-even live
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
- $15,000
- Closing costs
- $1,800
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- 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 |
|---|---|---|---|---|---|---|---|---|
| 812 Burgundy Q Delray Beach, FL | 2.0 | 2.0 | 907 | $1,799 | $1.98 | 24d | 1 | 0.02mi |
| 998 Normandy Trl Unit 998 Delray Beach, FL | 2.0 | 2.0 | 907 | $1,800 | $1.98 | 24d | 1 | 0.03mi |
| 998 Normandy Trl Unit 998 Delray Beach, FL | 2.0 | 2.0 | 907 | $1,800 | $1.98 | 15d | 1 | 0.03mi |
| 313 Burgundy G Delray Beach, FL | 2.0 | 2.0 | 907 | $2,050 | $2.26 | 24d | 1 | 0.04mi |
| 767 Burgundy P Delray Beach, FL | 2.0 | 2.0 | 902 | $1,550 | $1.72 | 24d | 1 | 0.04mi |
| 548 Burgundy L Delray Beach, FL | 2.0 | 2.0 | 902 | $1,900 | $2.11 | 7d | 1 | 0.04mi |
| 519 Burgundy K Delray Beach, FL | 1.0 | 1.5 | 760 | $2,400 | $3.16 | 24d | 1 | 0.04mi |
| 416 Burgundy N Unit I Delray Beach, FL | 1.0 | 1.5 | 760 | $2,100 | $2.76 | 24d | 1 | 0.05mi |
| 949 Normandy Trl Unit 949 Delray Beach, FL | 2.0 | 2.0 | 907 | $3,500 | $3.86 | 24d | 1 | 0.11mi |
| 542 Normandy Ln Unit 542 Delray Beach, FL | 2.0 | 2.0 | 907 | $1,600 | $1.76 | 24d | 1 | 0.12mi |
| 930 Normandy T Delray Beach, FL | 1.0 | 1.5 | 760 | $2,800 | $3.68 | 7d | 1 | 0.13mi |
| 468 Capri J Delray Beach, FL | 2.0 | 2.0 | 910 | $1,400 | $1.54 | 24d | 1 | 0.20mi |
| 66 Capri B #66 Delray Beach, FL | 2.0 | 2.0 | 910 | $2,000 | $2.20 | 18d | 1 | 0.20mi |
| 452 Normandy J Delray Beach, FL | 2.0 | 2.0 | 907 | $1,600 | $1.76 | 24d | 1 | 0.21mi |
| 452 Normandy J Unit J Delray Beach, FL | 2.0 | 2.0 | 907 | $1,600 | $1.76 | 24d | 1 | 0.21mi |
| 481 Burgundy K Delray Beach, FL | 2.0 | 2.0 | 902 | $1,700 | $1.88 | 24d | 1 | 0.24mi |
| 66 Capri B Unit B Delray Beach, FL | 2.0 | 2.0 | 910 | $2,000 | $2.20 | 14d | 1 | 0.24mi |
| 115 Capri B Unit 115 Delray Beach, FL | 2.0 | 2.0 | 1044 | $2,000 | $1.92 | 24d | 1 | 0.25mi |
| 595 Normandy M Delray Beach, FL | 2.0 | 2.0 | 907 | $1,750 | $1.93 | 24d | 1 | 0.25mi |
| 15235 Lakes of Delray Blvd #299 Delray Beach, FL | 2.0 | 2.0 | 900 | $1,975 | $2.19 | 18d | 1 | 0.28mi |
| 5220 Las Verdes Cir #101 Delray Beach, FL | 2.0 | 2.0 | 876 | $1,950 | $2.23 | 5d | 1 | 0.29mi |
| 207 Capri E #207 Delray Beach, FL | 2.0 | 2.0 | 910 | $1,700 | $1.87 | 7d | 1 | 0.29mi |
| 98 Capri C Delray Beach, FL | 1.0 | 1.5 | 795 | $1,695 | $2.13 | 24d | 1 | 0.29mi |
| 5220 Las Verdes Cir Delray Beach, FL | 2.0 | 2.0 | 963 | $1,825 | $1.90 | 22d | 2 | 0.30mi |
| 5190 Las Verdes Cir #315 Delray Beach, FL | 2.0 | 2.0 | 930 | $2,000 | $2.15 | 7d | 1 | 0.31mi |
| 509 Capri Dr Unit 509 Delray Beach, FL | 2.0 | 2.0 | 910 | $2,500 | $2.75 | 2d | 1 | 0.33mi |
| 507 Capri Dr Delray Beach, FL | 2.0 | 2.0 | 910 | $2,200 | $2.42 | 24d | 1 | 0.33mi |
| 974 Normandy Trl #974 Delray Beach, FL | 2.0 | 2.0 | 907 | $1,800 | $1.98 | 24d | 1 | 0.33mi |
| 5299 Copperleaf Cir Delray Beach, FL | 2.0 | 2.0 | 1070 | $2,000 | $1.87 | 24d | 1 | 0.34mi |
| 39 Burgundy a Delray Beach, FL | 2.0 | 2.0 | 902 | $1,400 | $1.55 | 24d | 1 | 0.35mi |
| 29 Burgundy a Delray Beach, FL | 2.0 | 2.0 | 902 | $1,800 | $2.00 | 24d | 1 | 0.37mi |
| 794 Normandy Q Delray Beach, FL | 2.0 | 2.0 | 907 | $1,800 | $1.98 | 16d | 1 | 0.37mi |
| 120 Normandy C Delray Beach, FL | 1.0 | 1.5 | 760 | $1,495 | $1.97 | 7d | 1 | 0.38mi |
| 522 Capri K Unit K Delray Beach, FL | 1.0 | 1.5 | 730 | $1,350 | $1.85 | 24d | 1 | 0.39mi |
| 15109 Ashland Dr #323 Delray Beach, FL | 2.0 | 2.0 | 998 | $3,500 | $3.51 | 24d | 1 | 0.39mi |
| 556 Capri L Unit L Delray Beach, FL | 2.0 | 2.0 | 910 | $1,575 | $1.73 | 24d | 1 | 0.41mi |
| 560 Capri Ln Delray Beach, FL | 1.0 | 1.5 | 760 | $1,500 | $1.97 | 24d | 1 | 0.42mi |
| 5130 Las Verdes Cir #101 Delray Beach, FL | 2.0 | 2.0 | 1030 | $1,825 | $1.77 | 24d | 1 | 0.42mi |
| 5310 Las Verdes Cir #106 Delray Beach, FL | 2.0 | 2.0 | 1050 | $1,900 | $1.81 | 24d | 1 | 0.43mi |
| 15108 Ashland Dr #215 Delray Beach, FL | 2.0 | 2.0 | 900 | $2,000 | $2.22 | 24d | 1 | 0.45mi |
HOA detail condo
- Monthly dues
- $621 · $7,452/yr
- Likely covers
- poolgym
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 28 events
-
2026-06-07statusdays on market $60,000 Pending 20 DOM
-
2026-06-04days on market $60,000 Active 19 DOM
-
2026-06-03days on market $60,000 Active 18 DOM
-
2026-06-02days on market $60,000 Active 17 DOM
-
2026-06-01days on market $60,000 Active 16 DOM
-
2026-05-31days on market $60,000 Active 15 DOM
-
2026-05-22price $60,000
-
2026-05-16$65,000 Active
-
2026-05-09status Active
-
2026-04-02status Pending
-
2026-04-02historical
-
2026-03-17price $62,000
-
2026-03-11price $68,000
-
2026-01-13$70,000 Active
-
2025-07-21soldstatus $55,000
-
2025-07-14soldstatus $55,000 Closed 1094-char remark
Show marketing remark (1094 chars)
**MOTIVATED SELLER - DON'T MISS THIS OPPORTUNITY TO TAKE A LOOK** Move into the fabulous Kings Point Golf and Country Club, where NO MEMBERSHIP equity is required, and enjoy all the exceptional amenities it has to offer! Freshly painted and priced to sell! This furnished second-floor condo features 1 bedroom and 1.5 bathrooms, with ceramic tile flooring in the living areas and cozy carpeting in the bedroom. Bright and inviting, it boasts abundant natural light throughout. Enjoy the convenience of an in-unit washer and dryer, neatly tucked away in the utility closet. Residents enjoy access to **8 pools** (3 of which are indoors), **3 multi-million dollar clubhouses**, and a wide range of amenities, including golf, billiards, tennis, pickleball, basketball courts, a theater, bistro, gyms, clubs, and more! Located near the vibrant downtown areas of Delray Beach and Boca Raton with easy access to dining, shopping, beaches, and more. Courtesy shuttle buses available. Situated ideally near the Simms gate for quick entrance and exit to Kings Point. ****LOWEST HOA monthly fee $583****
-
2025-06-28historical Active Under Contract 1094-char remark
Show marketing remark (1094 chars)
**MOTIVATED SELLER - DON'T MISS THIS OPPORTUNITY TO TAKE A LOOK** Move into the fabulous Kings Point Golf and Country Club, where NO MEMBERSHIP equity is required, and enjoy all the exceptional amenities it has to offer! Freshly painted and priced to sell! This furnished second-floor condo features 1 bedroom and 1.5 bathrooms, with ceramic tile flooring in the living areas and cozy carpeting in the bedroom. Bright and inviting, it boasts abundant natural light throughout. Enjoy the convenience of an in-unit washer and dryer, neatly tucked away in the utility closet. Residents enjoy access to **8 pools** (3 of which are indoors), **3 multi-million dollar clubhouses**, and a wide range of amenities, including golf, billiards, tennis, pickleball, basketball courts, a theater, bistro, gyms, clubs, and more! Located near the vibrant downtown areas of Delray Beach and Boca Raton with easy access to dining, shopping, beaches, and more. Courtesy shuttle buses available. Situated ideally near the Simms gate for quick entrance and exit to Kings Point. ****LOWEST HOA monthly fee $583****
-
2025-05-09price $74,000 1094-char remark
Show marketing remark (1094 chars)
**MOTIVATED SELLER - DON'T MISS THIS OPPORTUNITY TO TAKE A LOOK** Move into the fabulous Kings Point Golf and Country Club, where NO MEMBERSHIP equity is required, and enjoy all the exceptional amenities it has to offer! Freshly painted and priced to sell! This furnished second-floor condo features 1 bedroom and 1.5 bathrooms, with ceramic tile flooring in the living areas and cozy carpeting in the bedroom. Bright and inviting, it boasts abundant natural light throughout. Enjoy the convenience of an in-unit washer and dryer, neatly tucked away in the utility closet. Residents enjoy access to **8 pools** (3 of which are indoors), **3 multi-million dollar clubhouses**, and a wide range of amenities, including golf, billiards, tennis, pickleball, basketball courts, a theater, bistro, gyms, clubs, and more! Located near the vibrant downtown areas of Delray Beach and Boca Raton with easy access to dining, shopping, beaches, and more. Courtesy shuttle buses available. Situated ideally near the Simms gate for quick entrance and exit to Kings Point. ****LOWEST HOA monthly fee $583****
-
2025-03-13historical
Show marketing remark (1094 chars)
**MOTIVATED SELLER - DON'T MISS THIS OPPORTUNITY TO TAKE A LOOK** Move into the fabulous Kings Point Golf and Country Club, where NO MEMBERSHIP equity is required, and enjoy all the exceptional amenities it has to offer! Freshly painted and priced to sell! This furnished second-floor condo features 1 bedroom and 1.5 bathrooms, with ceramic tile flooring in the living areas and cozy carpeting in the bedroom. Bright and inviting, it boasts abundant natural light throughout. Enjoy the convenience of an in-unit washer and dryer, neatly tucked away in the utility closet. Residents enjoy access to **8 pools** (3 of which are indoors), **3 multi-million dollar clubhouses**, and a wide range of amenities, including golf, billiards, tennis, pickleball, basketball courts, a theater, bistro, gyms, clubs, and more! Located near the vibrant downtown areas of Delray Beach and Boca Raton with easy access to dining, shopping, beaches, and more. Courtesy shuttle buses available. Situated ideally near the Simms gate for quick entrance and exit to Kings Point. ****LOWEST HOA monthly fee $583****
-
2025-03-13$86,000 Active 1094-char remark
Show marketing remark (1094 chars)
**MOTIVATED SELLER - DON'T MISS THIS OPPORTUNITY TO TAKE A LOOK** Move into the fabulous Kings Point Golf and Country Club, where NO MEMBERSHIP equity is required, and enjoy all the exceptional amenities it has to offer! Freshly painted and priced to sell! This furnished second-floor condo features 1 bedroom and 1.5 bathrooms, with ceramic tile flooring in the living areas and cozy carpeting in the bedroom. Bright and inviting, it boasts abundant natural light throughout. Enjoy the convenience of an in-unit washer and dryer, neatly tucked away in the utility closet. Residents enjoy access to **8 pools** (3 of which are indoors), **3 multi-million dollar clubhouses**, and a wide range of amenities, including golf, billiards, tennis, pickleball, basketball courts, a theater, bistro, gyms, clubs, and more! Located near the vibrant downtown areas of Delray Beach and Boca Raton with easy access to dining, shopping, beaches, and more. Courtesy shuttle buses available. Situated ideally near the Simms gate for quick entrance and exit to Kings Point. ****LOWEST HOA monthly fee $583****
-
2025-02-21price $88,500
-
2025-01-22price $96,500
-
2024-11-01price $100,000
-
2024-09-21$110,000 Active
-
1997-12-24soldstatus $36,500
-
1991-05-07soldstatus $32,500
-
1990-06-08soldstatus $34,000
-
1988-05-04soldstatus $27,500
ⓘ 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
- $1,328 · $111/mo
- Projected year-2 tax
- $1,328 · $111/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 3/10 Moderate 2 unhealthy d/yr today · 3 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
- $23,856
- − Mortgage interest
- −$3,361
- − Property taxes
- −$1,328
- − Insurance
- −$300
- − Repairs & maintenance
- −$1,909
- − Management
- −$1,909
- − HOA
- −$7,452
- − Depreciation
- −$1,745
- Taxable income
- $5,853
- Est. tax owed @ 24.0%
- −$1,405
- After-tax cash flow
- $4,586/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 — Delray Beach
- Score
- 77/100
- State rank
- #202
- US rank
- #3160
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Palm Beach County · 1,438,312 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
- 991.0
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 (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
+118.2% since first listed22 events — show timeline
- 2026-05-22 Price Changed $60,000 Beaches MLS
- 2026-05-16 Listed $65,000 Beaches MLS
- 2026-05-09 Relisted — Beaches MLS
- 2026-04-02 Pending — Beaches MLS
- 2026-04-02 Listing Removed — Beaches MLS
- 2026-03-17 Price Changed $62,000 Beaches MLS
- 2026-03-11 Price Changed $68,000 Beaches MLS
- 2026-01-13 Listed $70,000 Beaches MLS
- 2025-07-21 Sold (Public Records) $55,000 Public Records
- 2025-07-14 Sold (MLS) $55,000 Beaches MLS
- 2025-06-28 Contingent — Beaches MLS
- 2025-05-09 Price Changed $74,000 Beaches MLS
- 2025-03-13 Listing Removed — Beaches MLS
- 2025-03-13 Listed $86,000 Beaches MLS
- 2025-02-21 Price Changed $88,500 Beaches MLS
- 2025-01-22 Price Changed $96,500 Beaches MLS
- 2024-11-01 Price Changed $100,000 Beaches MLS
- 2024-09-21 Listed $110,000 Beaches MLS
- 1997-12-24 Sold (Public Records) $36,500 Public Records
- 1991-05-07 Sold (Public Records) $32,500 Public Records
- 1990-06-08 Sold (Public Records) $34,000 Public Records
- 1988-05-04 Sold (Public Records) $27,500 Public Records
Property tax history
+9.2%/yrLatest (2025): $1,328 · +26.6% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…