859 Jeffery St #311 · Boca Raton, FL
Flood risk 10/10 · Severe
- FEMA flood zone
- AE
- Chance of flooding over 30 yrs
- 0.99%
- Est. flood insurance / yr
- $1,737 – $8,500
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 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).
- ARV discount +11.7/15.0
- Schools +6.0/10.0
- Cash flow +5.3/30.0
- 1% rule +5.0/10.0
- Condition / age +4.8/5.0
- Livability +3.9/5.0
- Rent growth +3.4/5.0
- DSCR +0.0/10.0
- Appreciation +0.0/10.0
$330,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Luxuriously Renovated Waterfront Living in East Boca Raton Welcome to your sophisticated coastal retreat at Porta Bella East. Located in the heart of East Boca Raton, this stunning 1-bedroom, 1.5-bathroom residence offers nearly 1,000 square feet of meticulously redesigned living space. No detail has been spared in this top-to-bottom renovation, blending contemporary luxury with the ease of South Florida's waterfront lifestyle. Exquisite Interior Renovations Step inside to an airy, open-concept floor plan illuminated by natural light and accented with premium finishes.
Key facts
- Half bath for guests
- Gourmet kitchen
- Waterfront living
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/1.5-bath condo listed at $330k. Condition is rated excellent.
Deal economics
- At list price, monthly cash flow is $-1k ($-14k/yr) — negative.
- To cash-flow at today's rent, offer at most $163k (50.8% below list).
- Meets the 1% rule at list price ($3k rent vs $330k).
- Recommended offer: $163k (50.8% below list) — sets the bar for cash-flow.
Location & tenants
- Location reads 77/100 on livability (#192 in FL, #3,070 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, health & safety A+, crime B+; Watch: amenities D, cost of living F.
- Palm Beach (suburban): math 46% / reading 53% proficiency, ranked #34 of 73 in FL (top 47%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Zoned schools: J. C. Mitchell Elementary School (math 54% / reading 60%, grade C+, #781 of 2,144 statewide, top 38%, 773 students, 50% FRL); Boca Raton Community Middle School (math 59% / reading 61%, grade B, #135 of 571 statewide, top 24%, 1,225 students, 41% FRL); West Boca Raton High School (math 55% / reading 70%, grade B-, #93 of 667 statewide, top 14%, 2,271 students, 28% FRL).
- Market conditions: Rents rising (+3.6%/yr); 456 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 58d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 72% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 3,974 units permitted in Palm Beach County in 2024 (1,012 in 5+ unit buildings).
- This rent runs 41% of the median local income ($96k/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 $2k of loan paydown is wiped out by about $10k 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 174 days — a 12% lower offer ($290k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts since 6y 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.
Risks & watch-outs
- Watch-outs: flood insurance adds $427/mo; HOA is 32% of rent.
- Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); 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
- 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?
- It's been on market 174 days. Have you received any prior offers? Is the seller open to a 51% concession, seller financing, or rate buy-down credit?
- Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- 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 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?
- 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?
- 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
- 1.00% ✓
- Cap rate
- 3.63%
- Cash-on-cash
- -9.49%
- DSCR
- 0.58
- GRM
- 8.3
CMA / ARV
- ARV (median comp)
- $363,921
- List price
- $330,000
- Delta
- -9.32%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1074 Jeffery St | 0.09mi | 2/2.5 (+1) | 1,024 (+3%) | 1mo | $450,000 | $439 | 82 |
| 3401 Spanish Trl #152 | 1.41mi | 2/2.0 (+1) | 1,000 (+0%) | 1mo | $180,000 | $180 | 57 |
| 3351 Spanish Trl #115 | 1.43mi | 2/2.0 (+1) | 1,000 (+0%) | 2mo | $255,000 | $255 | 56 |
| 5301 NW 2nd Ave | 0.95mi | 1/2.0 | 1,050 (+5%) | 1mo | $130,000 | $124 | 54 |
| 159 NW 70th St #403 | 0.94mi | 2/2.0 (+1) | 964 (-3%) | 1mo | $264,000 | $274 | 51 |
| 5500 NW 2nd Ave #119 | 0.85mi | 2/2.0 (+1) | 1,050 (+5%) | 0mo | $175,000 | $167 | 49 |
| 4505 S Ocean Blvd #306 | 0.56mi | 2/2.0 (+1) | 1,100 (+10%) | 1mo | $450,000 | $409 | 49 |
| 3301 S Ocean Blvd #201 | 0.97mi | 2/2.0 (+1) | 1,050 (+5%) | 1mo | $387,500 | $369 | 49 |
| 4511 S Ocean Blvd #403 | 0.59mi | 2/2.0 (+1) | 1,100 (+10%) | 1mo | $620,000 | $564 | 47 |
| 3114 S Ocean Blvd #705 | 1.12mi | 2/2.0 (+1) | 1,102 (+10%) | 1mo | $575,000 | $522 | 40 |
| 5700 NW 2nd Ave #503 | 0.84mi | 2/2.0 (+1) | 1,200 (+20%) | 1mo | $200,000 | $167 | 32 |
| 5700 NW 2nd Ave #311 | 0.84mi | 2/2.0 (+1) | 1,200 (+20%) | 2mo | $216,000 | $180 | 32 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 3.58% rent growth · sell at horizon
- IRR
- -43.2%
- Equity multiple
- -0.35×
- Total profit
- $-124,291
- Equity at exit
- $49,204
- IRR
- -62.7%
- Equity multiple
- -1.07×
- Total profit
- $-191,185
- Equity at exit
- $28,532
Cash invested: $92,400 (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
Active competition Active MLS
- For sale now
- 3 active · 9 under contract
- Median asking
- $290,000 ($266/sqft)
- Median days on market
- 117 d
- This list price
- 67% of active listings are priced below it
- ARV vs active asking
- +37.1% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 33487
- Rents YoY
- 3.6%
- Active inventory
- 456
- Price-to-rent
- 8.3×
Monthly cashflow live
- Estimated rent
- $3,306 high interval (Pro) →
- Mortgage (P&I)
- −$1,731
- Tax est. 1.5%
- −$412 /mo · $4,950/yr
- Insurance
- −$138
- Flood insurance flood zone
- −$427 /mo · $5,118/yr
- HOA
- −$1,062
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$694
- Net cashflow
- $-1,158
Break-even live
Sensitivity live
| Price | -10% $-929 | -5% $-1,043 | +0% $-1,158 | +5% $-1,272 | +10% $-1,386 |
|---|---|---|---|---|---|
| Rent | -10% $-1,419 | -5% $-1,288 | +0% $-1,158 | +5% $-1,027 | +10% $-896 |
| Rate | -1.0pp $-991 | -0.5pp $-1,074 | base $-1,158 | +0.5pp $-1,243 | +1.0pp $-1,330 |
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
- $82,500
- Closing costs
- $9,900
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- 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 |
|---|---|---|---|---|---|---|---|---|
| 899 Jeffery St #3050 Boca Raton, FL | 1.0 | 1.5 | 998 | $4,500 | $4.51 | 120d | 1 | 0.07mi |
| 1006 Jeffery St Boca Raton, FL | 2.0 | 2.5 | 1024 | $2,999 | $2.93 | 38d | 1 | 0.10mi |
| 1102 Jeffery St Boca Raton, FL | 2.0 | 2.5 | 1024 | $3,000 | $2.93 | 29d | 1 | 0.10mi |
| 1078 Jeffery St Boca Raton, FL | 2.0 | 2.5 | 1024 | $2,900 | $2.83 | 120d | 1 | 0.10mi |
| 1078 Jeffery St Boca Raton, FL | 2.0 | 2.5 | 1024 | $2,900 | $2.83 | 64d | 1 | 0.10mi |
| 972 Jeffery St Boca Raton, FL | 2.0 | 2.5 | 1024 | $5,500 | $5.37 | 120d | 1 | 0.14mi |
| 769 Jeffery St Unit 2-103 Boca Raton, FL | 1.0 | 1.5 | 776 | $2,700 | $3.48 | 120d | 1 | 0.18mi |
| 765 Jeffery St #101 Boca Raton, FL | 2.0 | 2.0 | 1010 | $5,500 | $5.45 | 37d | 1 | 0.21mi |
| 765 Jeffery St #101 Boca Raton, FL | 2.0 | 2.0 | 1010 | $5,500 | $5.45 | 34d | 1 | 0.21mi |
| 3912 S Ocean Blvd Highland Beach, FL | 1.0–3.0 | 1.5–3.0 | 1427 | $3,800 | $2.66 | 26d | 3 | 0.21mi |
| 3912 S Ocean Blvd Highland Beach, FL | 1.0–3.0 | 1.5–3.0 | 1427 | $3,200 | $2.24 | 12d | 2 | 0.21mi |
| 3912 S Ocean Blvd Highland Beach, FL | 1.0–3.0 | 1.5–3.0 | 1427 | $4,000 | $2.80 | 64d | 4 | 0.21mi |
| 3912 S Ocean Blvd Highland Beach, FL | 1.0–3.0 | 1.5–3.0 | 1427 | $4,290 | $3.01 | 67d | 4 | 0.21mi |
| 698 Forsyth St Unit 2 Boca Raton, FL | 1.0 | 1.0 | 584 | $2,050 | $3.51 | 109d | 1 | 0.32mi |
| 698 Forsyth St Unit 2 Boca Raton, FL | 1.0 | 1.0 | 584 | $2,050 | $3.51 | 108d | 1 | 0.32mi |
| 660 Glouchester St #206 Boca Raton, FL | 1.0 | 1.5 | 624 | $1,850 | $2.96 | 120d | 1 | 0.33mi |
| 690 Kingsbridge St Unit 09 Boca Raton, FL | 1.0 | 1.0 | 650 | $1,850 | $2.85 | 19d | 1 | 0.33mi |
| 665 Glouchester St Boca Raton, FL | 1.0–2.0 | 1.0 | 700 | $1,850 | $2.64 | 0d | 2 | 0.34mi |
| 6499 NE 7th Ave Unit 2 Boca Raton, FL | 1.0 | 1.0 | 667 | $1,900 | $2.85 | 8d | 1 | 0.40mi |
| 665 Enfield St Unit B20 Boca Raton, FL | 2.0 | 2.0 | 1035 | $2,500 | $2.42 | 54d | 1 | 0.41mi |
| 663 Dover St Unit 10 Boca Raton, FL | 2.0 | 2.5 | 600 | $3,700 | $6.17 | 18d | 1 | 0.45mi |
| 663 Dover St Unit 10 Boca Raton, FL | 2.0 | 2.5 | 600 | $3,700 | $6.17 | 120d | 1 | 0.45mi |
| 4505 S Ocean Blvd Highland Beach, FL | 2.0 | 2.0 | 1100 | $4,300 | $3.91 | 51d | 1 | 0.54mi |
| 4505 S Ocean Blvd #303 Highland Beach, FL | 2.0 | 2.0 | 1100 | $3,500 | $3.18 | 114d | 1 | 0.54mi |
| 4505 S Ocean Blvd #502 Highland Beach, FL | 2.0 | 2.0 | 1100 | $4,300 | $3.91 | 55d | 1 | 0.54mi |
| 4505 S Ocean Blvd #203 Highland Beach, FL | 2.0 | 2.0 | 1100 | $4,500 | $4.09 | 99d | 1 | 0.54mi |
| 4505 S Ocean Blvd #502 Highland Beach, FL | 2.0 | 2.0 | 1100 | $4,250 | $3.86 | 11d | 1 | 0.54mi |
| 4505 S Ocean Blvd #303 Highland Beach, FL | 2.0 | 2.0 | 1100 | $3,500 | $3.18 | 68d | 1 | 0.54mi |
| 4505 S Ocean Blvd #502 Highland Beach, FL | 2.0 | 2.0 | 1100 | $7,000 | $6.36 | 118d | 1 | 0.54mi |
| 4511 S Ocean Blvd #607 Highland Beach, FL | 2.0 | 2.0 | 1100 | $6,600 | $6.00 | 29d | 1 | 0.57mi |
| 4511 S Ocean Blvd #106 Highland Beach, FL | 2.0 | 2.0 | 1100 | $3,750 | $3.41 | 78d | 1 | 0.57mi |
| 6080 Dixie Hwy Rm 3 Boca Raton, FL | 1.0 | 1.0 | 800 | $1,100 | $1.38 | 120d | 1 | 0.57mi |
| 6410 N Dixie Hwy Boca Raton, FL | 2.0 | 1.5 | 1108 | $2,100 | $1.90 | 30d | 1 | 0.59mi |
| 6161 NW 2nd Ave Boca Raton, FL | 2.0 | 2.0 | 1050 | $2,450 | $2.33 | 45d | 1 | 0.82mi |
| 5961 NW 2nd Ave Apt 108 Boca Raton, FL | 2.0 | 2.0 | 1050 | $2,400 | $2.29 | 103d | 1 | 0.82mi |
| 5961 NW 2nd Ave Unit E Boca Raton, FL | 2.0 | 2.0 | 1050 | $2,150 | $2.05 | 49d | 1 | 0.82mi |
| 130 NW 70th St Unit 202 Boca Raton, FL | 2.0 | 2.0 | 1018 | $2,300 | $2.26 | 120d | 1 | 0.82mi |
| 6461 NW 2nd Ave Boca Raton, FL | 2.0–3.0 | 2.0 | 1175 | $2,100 | $1.79 | 12d | 3 | 0.83mi |
| 5961 NW 2nd Ave #506 Boca Raton, FL | 2.0 | 2.0 | 1050 | $1,900 | $1.81 | 20d | 1 | 0.84mi |
| 5700 NW 2nd Ave Boca Raton, FL | 1.0–2.0 | 2.0 | 1125 | $2,000 | $1.78 | 57d | 4 | 0.85mi |
Property features AI
Finance
- Other
- Living area approximately 998 (source: public records)
- Financial info
- Pets allowed with breed restrictionsCommunity contains 222 units
- HOA & community
- Association with monthly feeMonthly HOA covers cable TV, insurance, grounds and structure maintenance, security, sewer, trash, water, common areas, elevator, roof repairs, and pool serviceCommunity amenities: boating, billiard room, elevators, fitness center, game room, picnic area, parking, pool, sauna, shuffleboard, spa/hot tub, storage, tennis courts, trash chute, bike storage, community room, pickleball courts, putting green
Exterior
- Parking
- Assigned parkingDetached 1-car garageCovered parking
- Security
- Building securityFire sprinkler systemGated community with guardSecurity guardSecurity gate
- Utilities
- Public waterPublic sewerThree-phase electricCable available
- Home design
- Condominium8-story buildingResale propertyUnit faces south
- Construction
- Block/Concrete/CBS constructionConcrete roof
- Exterior features
- Intracoastal waterfront
Interior
- Kitchen
- Electric rangeDishwasherMicrowaveRefrigeratorGarbage disposalElectric water heater
- Bedrooms
- One bedroom on the main level
- Flooring
- CarpetTileVinylWood
- Bathrooms
- One full bathroomOne half bathroom
- Heating & cooling
- Central electric heatingCentral air conditioning
- Interior features
- Walk-in closet(s)Blinds
- Laundry & utility
- Indoor laundry
HOA detail $1,062/mo · $12,744/yr condo
- Likely covers
- water
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-09-12days on market $330,000 Active 174 DOM
-
2026-09-11days on market $330,000 Active 173 DOM
-
2026-09-05days on market $330,000 Active 167 DOM
-
2026-09-04days on market $330,000 Active 166 DOM
-
2026-09-03days on market $330,000 Active 165 DOM
-
2026-08-31days on market $330,000 Active 162 DOM
-
2026-08-29days on market $330,000 Active 160 DOM
-
2026-08-28days on market $330,000 Active 159 DOM
-
2026-08-27days on market $330,000 Active 158 DOM
-
2026-08-25days on market $330,000 Active 156 DOM
-
2026-08-24days on market $330,000 Active 155 DOM
-
2026-08-23days on market $330,000 Active 154 DOM
-
2026-08-22days on market $330,000 Active 153 DOM
-
2026-08-21days on market $330,000 Active 152 DOM
-
2026-08-20days on market $330,000 Active 151 DOM
-
2026-08-19days on market $330,000 Active 150 DOM
-
2026-08-18days on market $330,000 Active 149 DOM
-
2026-08-17days on market $330,000 Active 148 DOM
-
2026-08-16days on market $330,000 Active 147 DOM
-
2026-08-15days on market $330,000 Active 146 DOM
-
2026-08-14days on market $330,000 Active 145 DOM
-
2026-08-13days on market $330,000 Active 144 DOM
-
2026-08-12days on market $330,000 Active 143 DOM
-
2026-08-11days on market $330,000 Active 142 DOM
-
2026-08-10days on market $330,000 Active 141 DOM
-
2026-08-09days on market $330,000 Active 140 DOM
-
2026-08-08days on market $330,000 Active 139 DOM
-
2026-08-06days on market $330,000 Active 137 DOM
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2026-08-05days on market $330,000 Active 136 DOM
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2026-08-03days on market $330,000 Active 134 DOM
-
2026-07-31days on market $330,000 Active 131 DOM
-
2026-07-24days on market $330,000 Active 124 DOM
-
2026-07-23days on market $330,000 Active 123 DOM
-
2026-07-22days on market $330,000 Active 122 DOM
-
2026-07-21days on market $330,000 Active 121 DOM
-
2026-07-20days on market $330,000 Active 120 DOM
-
2026-07-18days on market $330,000 Active 118 DOM
-
2026-07-18days on market $330,000 Active 117 DOM
-
2026-07-16days on market $330,000 Active 116 DOM
-
2026-07-15days on market $330,000 Active 115 DOM
-
2026-07-14days on market $330,000 Active 114 DOM
-
2026-07-13days on market $330,000 Active 113 DOM
-
2026-07-13days on market $330,000 Active 112 DOM
-
2026-07-12days on market $330,000 Active 111 DOM
-
2026-07-10days on market $330,000 Active 110 DOM
-
2026-07-09days on market $330,000 Active 109 DOM
-
2026-07-07days on market $330,000 Active 107 DOM
-
2026-07-06days on market $330,000 Active 106 DOM
-
2026-07-06days on market $330,000 Active 105 DOM
-
2026-07-05days on market $330,000 Active 104 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Climate risk First Street
- Flood 10/10 Extreme FEMA zone AE · 99% 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
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Taxation est. · year 1
- Rental income
- $39,670
- − Mortgage interest
- −$18,485
- − Property taxes
- −$4,950
- − Insurance
- −$6,769
- − Repairs & maintenance
- −$3,174
- − Management
- −$3,174
- − HOA
- −$12,744
- − Depreciation
- −$9,600
- Taxable loss
- −$19,225
- Est. tax savings @ 24.0%
- +$4,614
- After-tax cash flow
- $-9,276/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.
Condition & rehab AI · 13 photos
This meticulously renovated waterfront condo in East Boca Raton is in excellent condition with no visible repairs needed. It offers a luxurious living experience with modern amenities and a well-maintained exterior and interior. Potential value-adding updates include painting and landscaping improvements, as well as smart home features.
Value-add opportunities
- Both Painting the exterior and interior walls — Fresh paint can enhance the curb appeal and interior aesthetics. ↑
- Both Landscaping improvements — A well-maintained landscape can increase both resale and rental value. ↑
- Both Upgrade to smart home features — Smart home features can increase both resale and rental value by adding modern conveniences and energy efficiency. ↑
Zoned Schools
Schools (NCES district)
- District
- Palm Beach
- NCES district ID
- 1201500
- Math proficiency
- 46% ▼ -16.00%
- Reading proficiency
- 53% ▼ -4.00%
- Median HH income
- $53,943
- Composite
- 42.72/100
- National rank
- #3160
- State rank
- #34 of 73 in FL
Livability — Boca Raton
- Score
- 77/100
- State rank
- #192
- US rank
- #3070
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Boca Raton, FL
- County
- Palm Beach County · 1,637,487 people
- City population
- 250,102
- Metro
- Miami-Fort Lauderdale-Pompano Beach, FL
- Population (ZIP)
- 20,717
- Household income
- $96,066
- Rent vs Own
- Severe rent burden
- 14% of renters
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 (75%)
- Race & ethnicity
- White 75% Hispanic / Latino 13% Two or more races 11% Black 4% Asian 2%
- Hispanic origin (detail)
- Mexican 2% Puerto Rican 1% Cuban 1%
- Common ancestry
- Romanian 7% Scotch-Irish 5% Lithuanian 2%
- Foreign-born
- 21% · Canada, Jamaica, China
- Languages at home
- 77% English-only · Spanish 10% Other Indo-European 4% Russian/Polish/Slavic 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
- ▼ -331.59%
- Current HPI
- 352.5852
- Rent YoY
- ▲ 3.58%
- 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
+27.4% since first listed7 events — show timeline
- 2026-03-20 Listed $330,000 Beaches MLS
- 2020-12-23 Listing Removed — Beaches MLS
- 2020-08-18 Listed $259,900 Beaches MLS
- 2020-07-27 Listing Removed — Beaches MLS
- 2020-07-16 Price Changed $258,900 Beaches MLS
- 2020-06-25 Listed $259,000 Beaches MLS
- 2020-06-24 Coming Soon — Beaches MLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…