307 Burgundy Unit G · 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 +27.0/30.0
- 1% rule +10.0/10.0
- DSCR +9.3/10.0
- 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
$99,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Spotless and modern 2/2 in Kings Point. Quality craftsmanship with extreme attention to detail. Granite countertops and stainless appliances. 5 inch baseboard and new floors throughout. True 100% remodel. BURGUNDY IS THE ONLY SECTION THAT HAS IT'S OWN POOL! PRIVATE OWNER'S ENTRANCE OFF SIMS RD NEAR BY. King's Point offers Magnificent clubhouse with a 1000 seat theater, golf, tennis, cafe, bus transportation, multiple swimming pools, ALL INCLUDED!
Key facts
- Remodeled kitchen
- Ge dishwasher
- Remodeled bathrooms
Tags
Property features AI
Finance
- Financial info: Pets not allowed
- HOA & community: Monthly HOA fee; Association amenities include: basketball court, billiard room, clubhouse, fitness center, golf course, game room, indoor pool, jogging path, shuffleboard court, spa/hot tub, tennis courts, bike storage, business center, courtesy bus, library, sidewalks; HOA covers cable TV, grounds maintenance, security, sewer, trash, common areas, elevator, and recreation facility; Senior community
Exterior
- Parking: Assigned parking; Guest parking; 1 open parking space
- Security: Gated community with guard
- Utilities: Public water; Public sewer; Three-phase electric; Sewer and water available
- Home design: Condominium; Single-story; Faces west; Resale condition
- Construction: CBS construction
- Exterior features: Glass-enclosed patio; Entry-level living area; Not waterfront
Interior
- Kitchen: Electric range; Dishwasher; Microwave; Refrigerator; Garbage disposal; Electric water heater
- Bedrooms: 2 bedrooms on the main level
- Flooring: Laminate
- Bathrooms: 2 full bathrooms on the main level
- Heating & cooling: Central heating; Central air; Ceiling fan(s)
- Interior features: Walk-in closet(s); Blinds
- Laundry & utility: Unfurnished
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $99k.
Deal economics
- At list price, monthly cash flow is $277 ($3k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $99k).
- Recommended offer: $90k (9.0% below list) — sets the bar for market timing.
- Cap rate 9.6% 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 40% 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 $684 of loan paydown is wiped out by about $3k 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 $28k cash investment doubles in ~8 years — after that, you're playing with house money.
Negotiation context
- It's been on market 109 days — a 9% lower offer ($90k) is reasonable based on typical stale-listing flexibility.
- 7 sale attempts since 26y ago; this cycle's ask has dropped $21k (17%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: HOA is 36% 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
- It's been on market 109 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
- Built in 1979 — 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?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- 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
- 2.08% ✓
- Cap rate
- 9.64%
- Cash-on-cash
- 11.97%
- DSCR
- 1.53
- GRM
- 4.0
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 4.28% rent growth · sell at horizon
- IRR
- 4.3%
- Equity multiple
- 1.17×
- Total profit
- $4,696
- Equity at exit
- $14,761
- IRR
- 15.9%
- Equity multiple
- 2.44×
- Total profit
- $39,868
- Equity at exit
- $8,560
Cash invested: $27,720 (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
- 4.0×
Monthly cashflow live
- Estimated rent
- $2,059 high interval (Pro) →
- Mortgage (P&I)
- −$519
- Tax from tax record
- −$51 /mo · $609/yr
- Insurance
- −$41
- HOA
- −$739
- Vacancy / Maint / Mgmt
- −$432
- Net cashflow
- $277
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
- $24,750
- Closing costs
- $2,970
- 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 |
|---|---|---|---|---|---|---|---|---|
| 416 Burgundy N Unit I Delray Beach, FL | 1.0 | 1.5 | 760 | $2,100 | $2.76 | 24d | 1 | 0.03mi |
| 481 Burgundy N Unit NA Delray Beach, FL | 2.0 | 2.0 | 1200 | $1,700 | $1.42 | 24d | 1 | 0.03mi |
| 599 Burgundy M Delray Beach, FL | 3.0 | 2.0 | 1097 | $2,100 | $1.91 | 3d | 1 | 0.04mi |
| 548 Burgundy L Delray Beach, FL | 2.0 | 2.0 | 902 | $1,900 | $2.11 | 7d | 1 | 0.04mi |
| 767 Burgundy P Delray Beach, FL | 2.0 | 2.0 | 902 | $1,550 | $1.72 | 24d | 1 | 0.04mi |
| 313 Burgundy G Delray Beach, FL | 2.0 | 2.0 | 907 | $2,050 | $2.26 | 24d | 1 | 0.04mi |
| 519 Burgundy K Delray Beach, FL | 1.0 | 1.5 | 760 | $2,400 | $3.16 | 24d | 1 | 0.04mi |
| 812 Burgundy Q Delray Beach, FL | 2.0 | 2.0 | 907 | $1,799 | $1.98 | 24d | 1 | 0.05mi |
| 998 Normandy Trl Unit 998 Delray Beach, FL | 2.0 | 2.0 | 907 | $1,800 | $1.98 | 24d | 1 | 0.08mi |
| 998 Normandy Trl Unit 998 Delray Beach, FL | 2.0 | 2.0 | 907 | $1,800 | $1.98 | 15d | 1 | 0.08mi |
| 949 Normandy Trl Unit 949 Delray Beach, FL | 2.0 | 2.0 | 907 | $3,500 | $3.86 | 24d | 1 | 0.17mi |
| 542 Normandy Ln Unit 542 Delray Beach, FL | 2.0 | 2.0 | 907 | $1,600 | $1.76 | 24d | 1 | 0.18mi |
| 930 Normandy T Delray Beach, FL | 1.0 | 1.5 | 760 | $2,800 | $3.68 | 7d | 1 | 0.19mi |
| 5220 Las Verdes Cir #101 Delray Beach, FL | 2.0 | 2.0 | 876 | $1,950 | $2.23 | 5d | 1 | 0.23mi |
| 481 Burgundy K #481 Delray Beach, FL | 2.0 | 2.0 | 1200 | $1,700 | $1.42 | 18d | 1 | 0.24mi |
| 481 Burgundy K Delray Beach, FL | 2.0 | 2.0 | 902 | $1,700 | $1.88 | 24d | 1 | 0.24mi |
| 5220 Las Verdes Cir Delray Beach, FL | 2.0 | 2.0 | 963 | $1,825 | $1.90 | 22d | 2 | 0.24mi |
| 5190 Las Verdes Cir #315 Delray Beach, FL | 2.0 | 2.0 | 930 | $2,000 | $2.15 | 7d | 1 | 0.25mi |
| 468 Capri J Delray Beach, FL | 2.0 | 2.0 | 910 | $1,400 | $1.54 | 24d | 1 | 0.25mi |
| 66 Capri B #66 Delray Beach, FL | 2.0 | 2.0 | 910 | $2,000 | $2.20 | 18d | 1 | 0.26mi |
| 452 Normandy J Delray Beach, FL | 2.0 | 2.0 | 907 | $1,600 | $1.76 | 24d | 1 | 0.27mi |
| 452 Normandy J Unit J Delray Beach, FL | 2.0 | 2.0 | 907 | $1,600 | $1.76 | 24d | 1 | 0.27mi |
| 5299 Copperleaf Cir Delray Beach, FL | 2.0 | 2.0 | 1070 | $2,000 | $1.87 | 24d | 1 | 0.28mi |
| 66 Capri B Unit B Delray Beach, FL | 2.0 | 2.0 | 910 | $2,000 | $2.20 | 14d | 1 | 0.30mi |
| 115 Capri B Unit 115 Delray Beach, FL | 2.0 | 2.0 | 1044 | $2,000 | $1.92 | 24d | 1 | 0.30mi |
| 595 Normandy M Delray Beach, FL | 2.0 | 2.0 | 907 | $1,750 | $1.93 | 24d | 1 | 0.31mi |
| 15235 Lakes of Delray Blvd #299 Delray Beach, FL | 2.0 | 2.0 | 900 | $1,975 | $2.19 | 18d | 1 | 0.32mi |
| 207 Capri E #207 Delray Beach, FL | 2.0 | 2.0 | 910 | $1,700 | $1.87 | 7d | 1 | 0.34mi |
| 509 Capri Dr Unit 509 Delray Beach, FL | 2.0 | 2.0 | 910 | $2,500 | $2.75 | 2d | 1 | 0.35mi |
| 507 Capri Dr Delray Beach, FL | 2.0 | 2.0 | 910 | $2,200 | $2.42 | 24d | 1 | 0.35mi |
| 98 Capri C Delray Beach, FL | 1.0 | 1.5 | 795 | $1,695 | $2.13 | 24d | 1 | 0.35mi |
| 15355 Lakes of Delray Blvd #309 Delray Beach, FL | 2.0 | 2.0 | 1362 | $2,800 | $2.06 | 18d | 1 | 0.36mi |
| 39 Burgundy a Delray Beach, FL | 2.0 | 2.0 | 902 | $1,400 | $1.55 | 24d | 1 | 0.36mi |
| 5130 Las Verdes Cir #101 Delray Beach, FL | 2.0 | 2.0 | 1030 | $1,825 | $1.77 | 24d | 1 | 0.36mi |
| 29 Burgundy a Delray Beach, FL | 2.0 | 2.0 | 902 | $1,800 | $2.00 | 24d | 1 | 0.38mi |
| 5310 Las Verdes Cir #106 Delray Beach, FL | 2.0 | 2.0 | 1050 | $1,900 | $1.81 | 24d | 1 | 0.38mi |
| 15364 Lakes of Delray Blvd #45 Delray Beach, FL | 2.0 | 2.0 | 1160 | $2,000 | $1.72 | 14d | 1 | 0.38mi |
| 974 Normandy Trl #974 Delray Beach, FL | 2.0 | 2.0 | 907 | $1,800 | $1.98 | 24d | 1 | 0.39mi |
| 15548 Bottlebrush Cir Delray Beach, FL | 2.0 | 2.0 | 1169 | $2,200 | $1.88 | 24d | 1 | 0.40mi |
| 522 Capri K Unit K Delray Beach, FL | 1.0 | 1.5 | 730 | $1,350 | $1.85 | 24d | 1 | 0.41mi |
HOA detail condo
- Monthly dues
- $739 · $8,868/yr
- Likely covers
- pool
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 38 events
-
2026-06-18days on market $99,000 Active 109 DOM
-
2026-06-17days on market $99,000 Active 108 DOM
-
2026-06-16days on market $99,000 Active 107 DOM
-
2026-06-15days on market $99,000 Active 106 DOM
-
2026-06-13days on market $99,000 Active 104 DOM
-
2026-06-09days on market $99,000 Active 100 DOM
-
2026-06-08days on market $99,000 Active 99 DOM
-
2026-06-07days on market $99,000 Active 98 DOM
-
2026-06-04days on market $99,000 Active 95 DOM
-
2026-06-03days on market $99,000 Active 94 DOM
-
2026-06-02days on market $99,000 Active 93 DOM
-
2026-06-01days on market $99,000 Active 92 DOM
-
2026-05-31days on market $99,000 Active 91 DOM
-
2026-05-02price $99,000
-
2026-04-18status Active
-
2026-04-18price $114,000
-
2026-04-13historical Active Under Contract
-
2026-03-01$119,900 Active
-
2017-10-23soldstatus $102,000
-
2017-10-19soldstatus $105,000 Closed 450-char remark
Show marketing remark (450 chars)
Spotless and modern 2/2 in Kings Point. Quality craftsmanship with extreme attention to detail. Granite countertops and stainless appliances. 5 inch baseboard and new floors throughout. True 100% remodel. BURGUNDY IS THE ONLY SECTION THAT HAS IT'S OWN POOL! PRIVATE OWNER'S ENTRANCE OFF SIMS RD NEAR BY. King's Point offers Magnificent clubhouse with a 1000 seat theater, golf, tennis, cafe, bus transportation, multiple swimming pools, ALL INCLUDED!
-
2017-08-24status Pending 450-char remark
Show marketing remark (450 chars)
Spotless and modern 2/2 in Kings Point. Quality craftsmanship with extreme attention to detail. Granite countertops and stainless appliances. 5 inch baseboard and new floors throughout. True 100% remodel. BURGUNDY IS THE ONLY SECTION THAT HAS IT'S OWN POOL! PRIVATE OWNER'S ENTRANCE OFF SIMS RD NEAR BY. King's Point offers Magnificent clubhouse with a 1000 seat theater, golf, tennis, cafe, bus transportation, multiple swimming pools, ALL INCLUDED!
-
2017-08-02price $109,000 450-char remark
Show marketing remark (450 chars)
Spotless and modern 2/2 in Kings Point. Quality craftsmanship with extreme attention to detail. Granite countertops and stainless appliances. 5 inch baseboard and new floors throughout. True 100% remodel. BURGUNDY IS THE ONLY SECTION THAT HAS IT'S OWN POOL! PRIVATE OWNER'S ENTRANCE OFF SIMS RD NEAR BY. King's Point offers Magnificent clubhouse with a 1000 seat theater, golf, tennis, cafe, bus transportation, multiple swimming pools, ALL INCLUDED!
-
2017-05-02price $105,000 450-char remark
Show marketing remark (450 chars)
Spotless and modern 2/2 in Kings Point. Quality craftsmanship with extreme attention to detail. Granite countertops and stainless appliances. 5 inch baseboard and new floors throughout. True 100% remodel. BURGUNDY IS THE ONLY SECTION THAT HAS IT'S OWN POOL! PRIVATE OWNER'S ENTRANCE OFF SIMS RD NEAR BY. King's Point offers Magnificent clubhouse with a 1000 seat theater, golf, tennis, cafe, bus transportation, multiple swimming pools, ALL INCLUDED!
-
2017-03-29status Active 450-char remark
Show marketing remark (450 chars)
Spotless and modern 2/2 in Kings Point. Quality craftsmanship with extreme attention to detail. Granite countertops and stainless appliances. 5 inch baseboard and new floors throughout. True 100% remodel. BURGUNDY IS THE ONLY SECTION THAT HAS IT'S OWN POOL! PRIVATE OWNER'S ENTRANCE OFF SIMS RD NEAR BY. King's Point offers Magnificent clubhouse with a 1000 seat theater, golf, tennis, cafe, bus transportation, multiple swimming pools, ALL INCLUDED!
-
2017-03-28status Pending 450-char remark
Show marketing remark (450 chars)
Spotless and modern 2/2 in Kings Point. Quality craftsmanship with extreme attention to detail. Granite countertops and stainless appliances. 5 inch baseboard and new floors throughout. True 100% remodel. BURGUNDY IS THE ONLY SECTION THAT HAS IT'S OWN POOL! PRIVATE OWNER'S ENTRANCE OFF SIMS RD NEAR BY. King's Point offers Magnificent clubhouse with a 1000 seat theater, golf, tennis, cafe, bus transportation, multiple swimming pools, ALL INCLUDED!
-
2017-01-23price $114,000 450-char remark
Show marketing remark (450 chars)
Spotless and modern 2/2 in Kings Point. Quality craftsmanship with extreme attention to detail. Granite countertops and stainless appliances. 5 inch baseboard and new floors throughout. True 100% remodel. BURGUNDY IS THE ONLY SECTION THAT HAS IT'S OWN POOL! PRIVATE OWNER'S ENTRANCE OFF SIMS RD NEAR BY. King's Point offers Magnificent clubhouse with a 1000 seat theater, golf, tennis, cafe, bus transportation, multiple swimming pools, ALL INCLUDED!
-
2016-08-18$119,000 Active 450-char remark
Show marketing remark (450 chars)
Spotless and modern 2/2 in Kings Point. Quality craftsmanship with extreme attention to detail. Granite countertops and stainless appliances. 5 inch baseboard and new floors throughout. True 100% remodel. BURGUNDY IS THE ONLY SECTION THAT HAS IT'S OWN POOL! PRIVATE OWNER'S ENTRANCE OFF SIMS RD NEAR BY. King's Point offers Magnificent clubhouse with a 1000 seat theater, golf, tennis, cafe, bus transportation, multiple swimming pools, ALL INCLUDED!
-
2016-02-08soldstatus $52,000
-
2016-01-29soldstatus $52,000 Closed 797-char remark
Show marketing remark (797 chars)
Kings Point is one of the finest and vibrant communities offering education, entertainment, recreation and friendship. With over 50 clubs and over 30 classes you'll never run out of things to do. Located in Delray Beach close to all major highways. You don't have to bring any furniture as this unit is fully furnished and all you need are your clothes and your toothbrush. Kings Point is close to Charming downtown Delray and the beaches. The newly renovated multi million dollar clubhouse is there for all to use. The clubhouse has much to offer like shows, dance, concerts, movies, library, and restaurant all on site. Get around town easily with Kings Point's courtesy buses. Owner can close in a timely manner. Come and see this unit as it will not last long. http://www. kingspointdelray.com
-
2015-12-22status Pending 797-char remark
Show marketing remark (797 chars)
Kings Point is one of the finest and vibrant communities offering education, entertainment, recreation and friendship. With over 50 clubs and over 30 classes you'll never run out of things to do. Located in Delray Beach close to all major highways. You don't have to bring any furniture as this unit is fully furnished and all you need are your clothes and your toothbrush. Kings Point is close to Charming downtown Delray and the beaches. The newly renovated multi million dollar clubhouse is there for all to use. The clubhouse has much to offer like shows, dance, concerts, movies, library, and restaurant all on site. Get around town easily with Kings Point's courtesy buses. Owner can close in a timely manner. Come and see this unit as it will not last long. http://www. kingspointdelray.com
-
2015-12-18$54,900 Active 797-char remark
Show marketing remark (797 chars)
Kings Point is one of the finest and vibrant communities offering education, entertainment, recreation and friendship. With over 50 clubs and over 30 classes you'll never run out of things to do. Located in Delray Beach close to all major highways. You don't have to bring any furniture as this unit is fully furnished and all you need are your clothes and your toothbrush. Kings Point is close to Charming downtown Delray and the beaches. The newly renovated multi million dollar clubhouse is there for all to use. The clubhouse has much to offer like shows, dance, concerts, movies, library, and restaurant all on site. Get around town easily with Kings Point's courtesy buses. Owner can close in a timely manner. Come and see this unit as it will not last long. http://www. kingspointdelray.com
-
2001-07-13soldstatus $26,000
-
2001-07-12soldstatus $26,000
-
2001-05-24historical
-
2001-04-21$29,900
-
2001-04-13historical
-
2000-11-06$35,900
-
1994-12-30soldstatus $42,000
ⓘ 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
- $609 · $51/mo
- Projected year-2 tax
- $822 · $68/mo
- Expected delta
- +$213/yr (+$18/mo · 34.9%)
ⓘ 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
- $24,709
- − Mortgage interest
- −$5,546
- − Property taxes
- −$609
- − Insurance
- −$495
- − Repairs & maintenance
- −$1,977
- − Management
- −$1,977
- − HOA
- −$8,868
- − Depreciation
- −$2,880
- Taxable income
- $2,358
- Est. tax owed @ 24.0%
- −$566
- After-tax cash flow
- $2,752/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 |
|
||
| Insurance | 2 | $17B |
|
||
| Retail | 1 | $60B |
|
||
| Technology Distribution | 1 | $58B |
|
||
| Homebuilding | 1 | $35B |
|
||
| Technology Manufacturing | 1 | $35B |
|
||
Price history
+135.7% since first listed25 events — show timeline
- 2026-05-02 Price Changed $99,000 Beaches MLS
- 2026-04-18 Relisted — Beaches MLS
- 2026-04-18 Price Changed $114,000 Beaches MLS
- 2026-04-13 Contingent — Beaches MLS
- 2026-03-01 Listed $119,900 Beaches MLS
- 2017-10-23 Sold (Public Records) $102,000 Public Records
- 2017-10-19 Sold (MLS) $105,000 Beaches MLS
- 2017-08-24 Pending — Beaches MLS
- 2017-08-02 Price Changed $109,000 Beaches MLS
- 2017-05-02 Price Changed $105,000 Beaches MLS
- 2017-03-29 Relisted — Beaches MLS
- 2017-03-28 Pending — Beaches MLS
- 2017-01-23 Price Changed $114,000 Beaches MLS
- 2016-08-18 Listed $119,000 Beaches MLS
- 2016-02-08 Sold (Public Records) $52,000 Public Records
- 2016-01-29 Sold (MLS) $52,000 Beaches MLS
- 2015-12-22 Pending — Beaches MLS
- 2015-12-18 Listed $54,900 Beaches MLS
- 2001-07-13 Sold (Public Records) $26,000 Public Records
- 2001-07-12 Sold (MLS) $26,000 Beaches MLS
- 2001-05-24 Listing Removed — Beaches MLS
- 2001-04-21 Listed $29,900 Beaches MLS
- 2001-04-13 Listing Removed — Beaches MLS
- 2000-11-06 Listed $35,900 Beaches MLS
- 1994-12-30 Sold (Public Records) $42,000 Public Records
Property tax history
+7.8%/yrLatest (2025): $609 · +3.5% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…