4638 Carlton Golf Dr · Wellington, FL 33449

$379,000

2 bd · 2.0 ba · 1,910 sqft · SingleFamily public records · 226 Days on market

Built 1996 4,739 sqft lot $673/mo HOA · 16% 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 +18.9/30.0
• ARV discount +7.5/15.0
• 1% rule +6.1/10.0
• DSCR +6.0/10.0
• Appreciation +4.7/10.0
• Schools +4.3/10.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Price reduced to $120K or best offer. Make your offer today! This is a private resort style community. Country Club membership required. Fully Furnished and Turnkey just bring your Toothbrush! Lovely Villa in Cambridge at Wycliffe Golf and Country Club. Lake and Golf Views from the atrium screened covered and paved patio with open patio from master bedroom. Naturally lit space with high vaulted ceilings, arched windows and ceramic tiled floors laid on the diagonal. Formal dining has framed wall mirror, chair molding, as well as chandelier. Kitchen with tons of cabinetry and counter space plus pantry, overlooks the breakfast area, patio and water and golf views. Master Bedroom is carpeted, has open patio access and lake views with double hung large walk-in closet. Master bathroom has his and her separated sinks with vanity, roman tub, separate glass shower and private water closet. Double door Den with transom window & carpet has arched windows and is the perfect office space. Guest bedroom is carpeted has fan and walk-in closet. Guest bathroom has tub shower. Wycliffe homeowners association has updated the Comcast cable to contain the X1 platform with whole-house DVR, High Definition and 3 additional HD boxes which will cover up to 4 TVs with voice activated remotes. There will also be high speed internet service of 150 mbps speed and telephone service with local and long distance calling, included in the maintenance. All landscaping maintenance, sprinkler systems, exterior painting, pressure cleaning the roofs, and security is included in the quarterly HOA maintenance fee. Wycliffe Golf & Country Club, showcases two challenging courses with contrasting styles; 16 Har Tru tennis courts; a full service club house offering daily dining options, fitness center & programs, spa services, card games, library, pools and a huge variety of social events and best of all, it's in the heart of beautiful Wellington, Florida, just minutes from the West Palm Airport. Centrally located with easy access to Boca Raton and Palm Beach Gardens, the best in country club living is waiting for you to enjoy here at Wycliffe. Yes, You Deserve It!

Key facts

• 4,739 sq ft lot
• 2 garage spots
• Community pool

Tags

• LARGEST VILLA IN CAMBRIDGE
• LARGEST SCREENED IN PATIO

Property features AI

Finance

• Other: Pets allowed (breed restrictions, number limits, possible pet restrictions)
• HOA & community: Community amenities include clubhouse, fitness center, pool, spa/hot tub, sauna, tennis and pickleball courts, golf course, putting green, cabana, game room, jogging path, sidewalks, library, manager on site, elevator(s) and on-site maintenance; Monthly HOA fee

Exterior

• Parking: Attached garage with garage door opener; Approximately 2.5 garage spaces / covered spaces
• Security: Security guard and security patrol; Key card entry; Security system; Smoke detectors; Window bars
• Utilities: Public water; Public sewer; Three-phase electric; Cable available; Underground utilities; Water available; Sewer available
• Home design: Single-story villa (Bentley model); Resale property; Faces south
• Construction: CBS construction; Spanish tile roof
• Exterior features: Covered patio; Screened patio; Patio; On golf course; Zero lot line; Waterfront

Interior

• Kitchen: Dishwasher; Electric range; Microwave; Refrigerator
• Bedrooms: 3 bedrooms on the main level
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central electric heating; Central electric air conditioning
• Interior features: Cathedral and vaulted ceilings; Entrance foyer; Walk-in closets; Split bedroom layout; Blinds, arched windows and skylights

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $379k.

Deal economics

• At list price, monthly cash flow is $390 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $379k).
• Recommended offer: $334k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.5% vs local median 3.4% in Wellington — 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 73/100 on livability (#294 in FL, #4,986 nationally) — 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: Panther Run Elementary School (math 85% / reading 82%, grade A+, #60 of 2,144 statewide, top 3%, 787 students, 19% FRL); Polo Park Middle School (math 65% / reading 68%, grade A-, #84 of 571 statewide, top 16%, 1,156 students, 33% FRL); Palm Beach Central High School (math 42% / reading 55%, grade D, #198 of 667 statewide, top 30%, 2,980 students, 40% FRL) — zoned schools average 31% FRL vs 52% district-wide (21 pts lower); this property's tenant base skews higher-income than the district average.
• Zoned-school proficiency averages 66% at this address vs 50% district-wide (+17 pts) — the actual schools serving this property are materially stronger than the Palm Beach average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: 168 active listings in the ZIP; 37 comparable units currently listed for rent nearby; rentals at typical pace (median 20d 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).

Forward outlook

• In year one you build about $62 of equity ($3k loan paydown + $-3k appreciation (-0.7% local appreciation)).
• 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 226 days — a 12% lower offer ($334k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 27y ago; this cycle's ask has dropped $46k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $100k; list at $379k implies a 279% 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→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $333,520 (12.0% below list)

Questions for the listing agent

1. It's been on market 226 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
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 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: 1.11% ✓
• Cap rate: 7.53%
• Cash-on-cash: 4.41%
• DSCR: 1.20
• GRM: 7.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-0.67% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 0.5%
• Equity multiple: 1.02×
• Total profit: $2,163
• Equity at exit: $97,432

10-year hold

• IRR: 6.7%
• Equity multiple: 1.68×
• Total profit: $71,633
• Equity at exit: $107,470

Cash invested: $106,120 (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 33449

• Home prices YoY: -0.2%
• Active inventory: 168
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $4,194 high
• Mortgage (P&I): −$1,988
• Tax from tax record: −$104 /mo · $1,250/yr
• Insurance: −$158
• HOA: −$673
• Vacancy / Maint / Mgmt: −$881
• Net cashflow: $390

Break-even live

Break-even rent $3,700

Max offer price $379,000

Occupancy floor 86%

Sensitivity live

Price	-10% $605	-5% $498	+0% $390	+5% $283	+10% $176
Rent	-10% $59	-5% $225	+0% $390	+5% $556	+10% $722
Rate	-1.0pp $581	-0.5pp $487	base $390	+0.5pp $292	+1.0pp $192

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: $94,750
• Closing costs: $11,370
• Reserves months: —
• Total cash needed: —

Rent comps 37 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
10173 Andover Coach Cir Unit G2 Lake Worth, FL	3.0	2.0	1807	$3,500	$1.94	25d	1	0.11mi
10303 Andover Coach Cir Unit A1 Wellington, FL	2.0	2.0	1420	$5,500	$3.87	25d	1	0.15mi
4528 Barclay Fair Way Lake Worth, FL	3.0	2.0	2147	$8,000	$3.73	0d	1	0.17mi
4553 Barclay Fair Way Lake Worth, FL	3.0	3.0	2278	$4,000	$1.76	25d	1	0.22mi
4553 Barclay Fair Way Lake Worth, FL	3.0	3.0	2278	$4,000	$1.76	17d	1	0.22mi
4841 Exeter Estate Ln Lake Worth, FL	3.0	3.0	2567	$5,000	$1.95	25d	1	0.45mi
3470 Custer Ave Lake Worth, FL	3.0	2.0	2040	$4,500	$2.21	25d	1	0.88mi
10385 Wellington Parc Dr Lake Worth, FL	3.0	2.5	1783	$3,250	$1.82	20d	1	0.91mi
10457 Wellington Parc Dr Lake Worth, FL	3.0	2.5	1688	$3,200	$1.90	25d	1	0.91mi
4173 Imperial Club Ln Lake Worth, FL	3.0	2.5	1989	$2,995	$1.51	19d	1	0.93mi
10450 Wellington Parc Dr Wellington, FL	3.0	2.5	1983	$3,350	$1.69	25d	1	0.94mi
10348 Wellington Parc Dr Lake Worth, FL	3.0	2.5	2060	$3,300	$1.60	25d	1	0.95mi
3366 Harness Cir Lake Worth, FL	3.0	2.0	2340	$3,750	$1.60	11d	1	1.01mi
9855 Herons Nest Ct Lake Worth, FL	1.0–3.0	1.0–2.0	1026	$2,244	$2.19	2d	7	1.05mi
3306 Fargo Ave Lake Worth, FL	3.0	2.0	2370	$5,500	$2.32	25d	1	1.06mi
4790 Navali Dr Lake Worth, FL	3.0	2.5	1708	$3,200	$1.87	25d	1	1.14mi
9006 Zevon Ct Lake Worth, FL	3.0	2.5	2032	$3,300	$1.62	25d	1	1.15mi
4839 Navali Dr Lake Worth, FL	3.0	2.5	2124	$3,300	$1.55	25d	1	1.15mi
8985 Gulf Run Way Lake Worth, FL	3.0	2.5	2049	$3,400	$1.66	0d	1	1.18mi
8951 Kingsmoor Way Lake Worth, FL	3.0	2.5	1918	$3,500	$1.82	5d	1	1.24mi
9108 Kingsmoor Way Lake Worth, FL	3.0	2.5	1918	$3,400	$1.77	11d	1	1.26mi
8914 Kingsmoor Way Lake Worth, FL	3.0	2.0	2019	$4,500	$2.23	11d	1	1.29mi
8914 Kingsmoor Way Lake Worth, FL	3.0	2.0	2019	$4,500	$2.23	25d	1	1.29mi
8883 Kingsmoor Way Lake Worth, FL	3.0	2.0	1997	$4,225	$2.12	11d	1	1.32mi
4985 Navali Dr Lake Worth, FL	3.0	2.5	1604	$3,050	$1.90	2d	1	1.32mi
8807 Antarus Dr Lake Worth, FL	3.0	2.5	1954	$3,700	$1.89	15d	1	1.32mi
8807 Antarus Dr Lake Worth, FL	3.0	2.5	1954	$3,700	$1.89	25d	1	1.32mi
10567 Paso Fino Dr Lake Worth, FL	3.0	2.0	1655	$3,950	$2.39	25d	1	1.34mi
4194 Bluff Harbor Way Wellington, FL	3.0	2.5	2152	$3,999	$1.86	0d	1	1.36mi
10591 Paso Fino Dr Lake Worth, FL	3.0	2.0	1764	$3,500	$1.98	6d	1	1.37mi
10372 Old Winston Ct Lake Worth, FL	3.0	2.0	1798	$3,395	$1.89	8d	1	1.37mi
4178 Bluff Harbor Way Wellington, FL	3.0	2.0	1904	$3,800	$2.00	25d	1	1.37mi
8835 Sandy Creek Way Lake Worth, FL	3.0	2.5	2049	$3,500	$1.71	25d	1	1.44mi
8641 Antarus Dr Lake Worth, FL	3.0	2.5	1724	$3,250	$1.89	4d	1	1.47mi
8641 Antarus Dr Lake Worth, FL	3.0	2.5	1724	$3,350	$1.94	5d	1	1.47mi
4837 Chantilly Rd Lake Worth, FL	3.0	2.5	1826	$3,300	$1.81	25d	1	1.49mi
4845 Chantilly Rd Lake Worth, FL	3.0	2.5	1879	$3,450	$1.84	4d	1	1.49mi

HOA detail

• Monthly dues: $673 · $8,076/yr
• Likely covers: waterinternetcablelandscapingpoolgymsecurity

Listing history 24 events

1. 2026-05-31
   days on market $379,000 Active 226 DOM
2. 2025-11-12
   price $379,000
3. 2025-10-17
   listed $425,000 Active
4. 2021-05-05
   historical
5. 2021-04-13
   price $239,999
6. 2021-03-26
   price $260,000
7. 2021-03-17
   price $240,000
8. 2021-03-01
   price $235,000
9. 2021-02-18
   price $225,000
10. 2020-12-28
    price $199,500
11. 2020-11-15
    price $189,900
12. 2020-11-13
    status Active
13. 2020-11-13
    historical
14. 2020-10-29
    price $179,000
15. 2020-06-12
    listed $165,000 Active
16. 2019-02-06
    soldstatus $100,000
17. 2019-02-05
    soldstatus $100,000 Closed 2176-char remark

    Show marketing remark (2176 chars)

    Price reduced to $120K or best offer. Make your offer today! This is a private resort style community. Country Club membership required. Fully Furnished and Turnkey just bring your Toothbrush! Lovely Villa in Cambridge at Wycliffe Golf and Country Club. Lake and Golf Views from the atrium screened covered and paved patio with open patio from master bedroom. Naturally lit space with high vaulted ceilings, arched windows and ceramic tiled floors laid on the diagonal. Formal dining has framed wall mirror, chair molding, as well as chandelier. Kitchen with tons of cabinetry and counter space plus pantry, overlooks the breakfast area, patio and water and golf views. Master Bedroom is carpeted, has open patio access and lake views with double hung large walk-in closet. Master bathroom has his and her separated sinks with vanity, roman tub, separate glass shower and private water closet. Double door Den with transom window & carpet has arched windows and is the perfect office space. Guest bedroom is carpeted has fan and walk-in closet. Guest bathroom has tub shower. Wycliffe homeowners association has updated the Comcast cable to contain the X1 platform with whole-house DVR, High Definition and 3 additional HD boxes which will cover up to 4 TVs with voice activated remotes. There will also be high speed internet service of 150 mbps speed and telephone service with local and long distance calling, included in the maintenance. All landscaping maintenance, sprinkler systems, exterior painting, pressure cleaning the roofs, and security is included in the quarterly HOA maintenance fee. Wycliffe Golf & Country Club, showcases two challenging courses with contrasting styles; 16 Har Tru tennis courts; a full service club house offering daily dining options, fitness center & programs, spa services, card games, library, pools and a huge variety of social events and best of all, it's in the heart of beautiful Wellington, Florida, just minutes from the West Palm Airport. Centrally located with easy access to Boca Raton and Palm Beach Gardens, the best in country club living is waiting for you to enjoy here at Wycliffe. Yes, You Deserve It!

18. 2019-01-29
    status Pending 2176-char remark

    Show marketing remark (2176 chars)

    Price reduced to $120K or best offer. Make your offer today! This is a private resort style community. Country Club membership required. Fully Furnished and Turnkey just bring your Toothbrush! Lovely Villa in Cambridge at Wycliffe Golf and Country Club. Lake and Golf Views from the atrium screened covered and paved patio with open patio from master bedroom. Naturally lit space with high vaulted ceilings, arched windows and ceramic tiled floors laid on the diagonal. Formal dining has framed wall mirror, chair molding, as well as chandelier. Kitchen with tons of cabinetry and counter space plus pantry, overlooks the breakfast area, patio and water and golf views. Master Bedroom is carpeted, has open patio access and lake views with double hung large walk-in closet. Master bathroom has his and her separated sinks with vanity, roman tub, separate glass shower and private water closet. Double door Den with transom window & carpet has arched windows and is the perfect office space. Guest bedroom is carpeted has fan and walk-in closet. Guest bathroom has tub shower. Wycliffe homeowners association has updated the Comcast cable to contain the X1 platform with whole-house DVR, High Definition and 3 additional HD boxes which will cover up to 4 TVs with voice activated remotes. There will also be high speed internet service of 150 mbps speed and telephone service with local and long distance calling, included in the maintenance. All landscaping maintenance, sprinkler systems, exterior painting, pressure cleaning the roofs, and security is included in the quarterly HOA maintenance fee. Wycliffe Golf & Country Club, showcases two challenging courses with contrasting styles; 16 Har Tru tennis courts; a full service club house offering daily dining options, fitness center & programs, spa services, card games, library, pools and a huge variety of social events and best of all, it's in the heart of beautiful Wellington, Florida, just minutes from the West Palm Airport. Centrally located with easy access to Boca Raton and Palm Beach Gardens, the best in country club living is waiting for you to enjoy here at Wycliffe. Yes, You Deserve It!

19. 2019-01-03
    price $120,000 2176-char remark

    Show marketing remark (2176 chars)

    Price reduced to $120K or best offer. Make your offer today! This is a private resort style community. Country Club membership required. Fully Furnished and Turnkey just bring your Toothbrush! Lovely Villa in Cambridge at Wycliffe Golf and Country Club. Lake and Golf Views from the atrium screened covered and paved patio with open patio from master bedroom. Naturally lit space with high vaulted ceilings, arched windows and ceramic tiled floors laid on the diagonal. Formal dining has framed wall mirror, chair molding, as well as chandelier. Kitchen with tons of cabinetry and counter space plus pantry, overlooks the breakfast area, patio and water and golf views. Master Bedroom is carpeted, has open patio access and lake views with double hung large walk-in closet. Master bathroom has his and her separated sinks with vanity, roman tub, separate glass shower and private water closet. Double door Den with transom window & carpet has arched windows and is the perfect office space. Guest bedroom is carpeted has fan and walk-in closet. Guest bathroom has tub shower. Wycliffe homeowners association has updated the Comcast cable to contain the X1 platform with whole-house DVR, High Definition and 3 additional HD boxes which will cover up to 4 TVs with voice activated remotes. There will also be high speed internet service of 150 mbps speed and telephone service with local and long distance calling, included in the maintenance. All landscaping maintenance, sprinkler systems, exterior painting, pressure cleaning the roofs, and security is included in the quarterly HOA maintenance fee. Wycliffe Golf & Country Club, showcases two challenging courses with contrasting styles; 16 Har Tru tennis courts; a full service club house offering daily dining options, fitness center & programs, spa services, card games, library, pools and a huge variety of social events and best of all, it's in the heart of beautiful Wellington, Florida, just minutes from the West Palm Airport. Centrally located with easy access to Boca Raton and Palm Beach Gardens, the best in country club living is waiting for you to enjoy here at Wycliffe. Yes, You Deserve It!

20. 2018-09-17
    listed $135,000 Active 2176-char remark

    Show marketing remark (2176 chars)

    Price reduced to $120K or best offer. Make your offer today! This is a private resort style community. Country Club membership required. Fully Furnished and Turnkey just bring your Toothbrush! Lovely Villa in Cambridge at Wycliffe Golf and Country Club. Lake and Golf Views from the atrium screened covered and paved patio with open patio from master bedroom. Naturally lit space with high vaulted ceilings, arched windows and ceramic tiled floors laid on the diagonal. Formal dining has framed wall mirror, chair molding, as well as chandelier. Kitchen with tons of cabinetry and counter space plus pantry, overlooks the breakfast area, patio and water and golf views. Master Bedroom is carpeted, has open patio access and lake views with double hung large walk-in closet. Master bathroom has his and her separated sinks with vanity, roman tub, separate glass shower and private water closet. Double door Den with transom window & carpet has arched windows and is the perfect office space. Guest bedroom is carpeted has fan and walk-in closet. Guest bathroom has tub shower. Wycliffe homeowners association has updated the Comcast cable to contain the X1 platform with whole-house DVR, High Definition and 3 additional HD boxes which will cover up to 4 TVs with voice activated remotes. There will also be high speed internet service of 150 mbps speed and telephone service with local and long distance calling, included in the maintenance. All landscaping maintenance, sprinkler systems, exterior painting, pressure cleaning the roofs, and security is included in the quarterly HOA maintenance fee. Wycliffe Golf & Country Club, showcases two challenging courses with contrasting styles; 16 Har Tru tennis courts; a full service club house offering daily dining options, fitness center & programs, spa services, card games, library, pools and a huge variety of social events and best of all, it's in the heart of beautiful Wellington, Florida, just minutes from the West Palm Airport. Centrally located with easy access to Boca Raton and Palm Beach Gardens, the best in country club living is waiting for you to enjoy here at Wycliffe. Yes, You Deserve It!

21. 2000-07-05
    soldstatus $190,000
22. 2000-06-30
    soldstatus $190,000
23. 2000-03-09
    historical
24. 1999-10-14
    listed $210,000

ⓘ 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: $1,250 · $104/mo
• Projected year-2 tax: $3,146 · $262/mo
• Expected delta: +$1,896/yr (+$158/mo · 151.6%)

ⓘ 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 2/10 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: $50,323
• − Mortgage interest: −$21,230
• − Property taxes: −$1,250
• − Insurance: −$1,895
• − Repairs & maintenance: −$4,026
• − Management: −$4,026
• − HOA: −$8,076
• − Depreciation: −$11,025
• Taxable loss: −$1,205
• Est. tax savings @ 24.0%: +$289
• After-tax cash flow: $4,973/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 — Wellington

• Score: 73/100
• State rank: #294
• US rank: #4986

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• City population: 60,184
• Population (ZIP): 9,131

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: Majority White (65%)
• Race & ethnicity: White 65% Hispanic / Latino 16% Black 14% Two or more races 7% Asian 4%
• Hispanic origin (detail): Mexican 3% Puerto Rican 3% Cuban 3% Salvadoran 2%
• Common ancestry: Scotch-Irish 5% Romanian 4% Hispanic 3%
• Foreign-born: 21% · Canada, Jamaica, Vietnam
• Languages at home: 75% English-only · Spanish 12% French/Haitian/Cajun 4% 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: ▼ -0.67%
• Current HPI: 271.0184
• Rent YoY: —
• Metro: —
• 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

+80.5% since first listed

23 events — show timeline

• 2025-11-12 Price Changed $379,000 Beaches MLS
• 2025-10-17 Listed $425,000 Beaches MLS
• 2021-05-05 Listing Removed — Beaches MLS
• 2021-04-13 Price Changed $239,999 Beaches MLS
• 2021-03-26 Price Changed $260,000 Beaches MLS
• 2021-03-17 Price Changed $240,000 Beaches MLS
• 2021-03-01 Price Changed $235,000 Beaches MLS
• 2021-02-18 Price Changed $225,000 Beaches MLS
• 2020-12-28 Price Changed $199,500 Beaches MLS
• 2020-11-15 Price Changed $189,900 Beaches MLS
• 2020-11-13 Relisted — Beaches MLS
• 2020-11-13 Listing Removed — Beaches MLS
• 2020-10-29 Price Changed $179,000 Beaches MLS
• 2020-06-12 Listed $165,000 Beaches MLS
• 2019-02-06 Sold (Public Records) $100,000 Public Records
• 2019-02-05 Sold (MLS) $100,000 Beaches MLS
• 2019-01-29 Pending — Beaches MLS
• 2019-01-03 Price Changed $120,000 Beaches MLS
• 2018-09-17 Listed $135,000 Beaches MLS
• 2000-07-05 Sold (Public Records) $190,000 Public Records
• 2000-06-30 Sold (MLS) $190,000 Beaches MLS
• 2000-03-09 Listing Removed — Beaches MLS
• 1999-10-14 Listed $210,000 Beaches MLS

Property tax history

-5.4%/yr

Latest (2025): $1,250 · +4.4% YoY. Source: county tax records.