4259 Empress St · Palm Beach Gardens, FL 33410

$560,000

5 bd · 2.0 ba · 1,731 sqft · SingleFamily public records · 125 Days on market

Built 1967 8,423 sqft lot

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Why this score? — see what drove the D+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +16.7/30.0
• ARV discount +7.5/15.0
• DSCR +5.2/10.0
• Schools +4.3/10.0
• Livability +3.5/5.0
• 1% rule +3.3/10.0
• Rent growth +3.1/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

welcome to your new home in the heart of palm beach garden ! This spectacular remodeled house combines modern design , comfort and efficiency . Whit high quality finishes and a spacious distribution , it is the perfect option for those looking to move without the need for additional renovation FEATURED FEATURED Completely remodeled ready to live in moder kitchen with new cabinets and ceramic backsplash new tile floors thoughout the house updated bathrooms with elegant finishes skylights greater safety and naturallight new roof and recent air conditioning for great efficiency large backyard ideal for meetings or future extensions great view of the canal

Key facts

• 8,423 sq ft lot
• Garage
• Built 1967

Property features AI

Finance

• Other: Pets allowed with no restrictions
• HOA & community: No association amenities

Exterior

• Parking: Attached garage (1 covered garage space); Driveway and open parking (about 4 open spaces)
• Utilities: Public water; Public sewer; Three-phase electric; Sewer and water available
• Home design: Single-family residence; One story; Resale property; Faces south
• Construction: Stucco and CBS construction; Composition/shingle roof; Built on a foundation (standard)
• Exterior features: Open patio

Interior

• Kitchen: Dishwasher; Electric range; Microwave; Refrigerator
• Bedrooms: 4 bedrooms on the main level
• Bathrooms: 3 full bathrooms (all on the main level)
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Kitchen island; Split bedroom layout; Unfurnished

What this means for you Summary

Snapshot

• This is a 5-bed/2.0-bath single-family listed at $560k.

Deal economics

• At list price, monthly cash flow is $352 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $465k (17.0% below list).
• Recommended offer: $465k (17.0% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 69/100 on livability (#464 in FL) — 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: Franklin Academy- Palm Beach Gardens (math 45% / reading 56%, grade D+, #1,055 of 2,144 statewide, top 50%, 1,046 students, 53% FRL, charter); Watson B. Duncan Middle School (math 54% / reading 59%, grade B, #171 of 571 statewide, top 30%, 1,157 students, 41% FRL); Palm Beach Gardens High School (math 19% / reading 40%, grade F, #447 of 667 statewide, top 68%, 2,570 students, 61% FRL) — zoned schools at 52% FRL track the district average.
• Market conditions: Rents rising (+2.5%/yr); 309 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 3,974 units permitted in Palm Beach County in 2024 (1,012 in 5+ unit buildings).
• At $4,648/mo this rent would consume 59% of the median local household income ($95k/yr) (locally 1429% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $4k of loan paydown is wiped out by about $17k 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 125 days — a 12% lower offer ($493k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts; this cycle's ask has dropped $90k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $31k; list at $560k implies a 1712% 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→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $464,832 (17.0% below list)

Questions for the listing agent

1. It's been on market 125 days. Have you received any prior offers? Is the seller open to a 17% concession, seller financing, or rate buy-down credit?
2. Built in 1967 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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 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?
6. 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?
7. 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.
8. 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.
9. 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: 0.83% ✗
• Cap rate: 7.05%
• Cash-on-cash: 2.70%
• DSCR: 1.12
• GRM: 10.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.49% rent growth · sell at horizon

5-year hold

• IRR: -12.6%
• Equity multiple: 0.55×
• Total profit: $-70,947
• Equity at exit: $83,498

10-year hold

• IRR: -4.3%
• Equity multiple: 0.72×
• Total profit: $-43,615
• Equity at exit: $48,419

Cash invested: $156,800 (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

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 33410

• Rents YoY: 2.5%
• Active inventory: 309
• Price-to-rent: 10.0×

Monthly cashflow live

• Estimated rent: $4,648 high
• Mortgage (P&I): −$2,937
• Tax from tax record: −$150 /mo · $1,798/yr
• Insurance: −$233
• HOA: −$0
• Vacancy / Maint / Mgmt: −$976
• Net cashflow: $352

Break-even live

Break-even rent $4,202

Max offer price $560,000

Occupancy floor 87%

Sensitivity live

Price	-10% $669	-5% $511	+0% $352	+5% $194	+10% $35
Rent	-10% $-15	-5% $169	+0% $352	+5% $536	+10% $720
Rate	-1.0pp $634	-0.5pp $495	base $352	+0.5pp $207	+1.0pp $60

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: $140,000
• Closing costs: $16,800
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
9519 Birmingham Dr Palm Beach Gardens, FL	4.0	2.0	1355	$3,195	$2.36	7d	1	0.19mi
4193 Hyacinth Cir N Palm Beach Gardens, FL	4.0	2.0	1640	$7,500	$4.57	26d	1	0.35mi
4416 Fuschia Cir S Unit 1326855P Palm Beach Gardens, FL	3.0–4.0	2.0–3.0	2066	$7,108	$3.44	0d	2	0.35mi
4317 Honeysuckle Ave Palm Beach Gardens, FL	4.0	2.0	1885	$3,291	$1.75	15d	1	0.40mi
3836 Dove Landing Rd West Palm Beach, FL	4.0	2.0	1790	$3,400	$1.90	26d	1	0.43mi
3836 Dove Landing Rd West Palm Beach, FL	4.0	2.0	1790	$3,400	$1.90	9d	1	0.43mi
10044 Dasheen Ave Palm Beach Gardens, FL	4.0	2.0	1642	$4,500	$2.74	26d	1	0.62mi
9130 E Highland Pines Blvd Unit 1326852P Palm Beach Gardens, FL	2.0–4.0	2.0–4.0	1721	$7,397	$4.30	1d	2	0.66mi
337 Balsam St Palm Beach Gardens, FL	4.0	2.0	1426	$5,500	$3.86	20d	1	0.96mi
343 Balsam St Palm Beach Gardens, FL	4.0	2.0	1414	$4,000	$2.83	26d	1	0.97mi
379 Garden Blvd Palm Beach Gardens, FL	4.0	2.0	1642	$4,500	$2.74	26d	1	1.01mi
810 Sandtree Dr Palm Beach Gardens, FL	4.0	2.5	1800	$3,400	$1.89	26d	1	1.16mi

Listing history 24 events

1. 2026-06-21
   days on market $560,000 Active 125 DOM
2. 2026-06-18
   days on market $560,000 Active 122 DOM
3. 2026-06-17
   pricedays on market $560,000 Active 121 DOM
4. 2026-06-16
   days on market $582,000 Active 120 DOM
5. 2026-06-15
   days on market $582,000 Active 119 DOM
6. 2026-06-13
   days on market $582,000 Active 117 DOM
7. 2026-06-09
   days on market $582,000 Active 113 DOM
8. 2026-06-07
   days on market $582,000 Active 111 DOM
9. 2026-06-04
   pricedays on market $582,000 Active 108 DOM
10. 2026-06-03
    days on market $589,900 Active 107 DOM
11. 2026-06-01
    days on market $589,900 Active 105 DOM
12. 2026-05-31
    days on market $589,900 Active 104 DOM
13. 2026-05-23
    status Active
14. 2026-05-20
    status Pending
15. 2026-05-08
    price $589,900
16. 2026-04-27
    price $599,999
17. 2026-04-20
    status Active
18. 2026-04-17
    status Pending
19. 2026-04-10
    price $605,555
20. 2026-03-30
    price $619,000
21. 2026-02-26
    price $629,999
22. 2026-02-09
    listed $650,000 Active
23. 2026-02-04
    historical $650,000
24. 1970-01-01
    soldstatus $30,900

ⓘ 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: $1,798 · $150/mo
• Projected year-2 tax: $4,648 · $387/mo
• Expected delta: +$2,850/yr (+$237/mo · 158.5%)

ⓘ 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 10/10 Extreme 7 d/yr ≥106°F today · 24 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 · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $55,780
• − Mortgage interest: −$31,369
• − Property taxes: −$1,798
• − Insurance: −$2,800
• − Repairs & maintenance: −$4,462
• − Management: −$4,462
• − Depreciation: −$16,291
• Taxable loss: −$5,403
• Est. tax savings @ 24.0%: +$1,297
• After-tax cash flow: $5,524/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 — Palm Beach Gardens

• Score: 69/100
• State rank: #464
• US rank: #8366

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Palm Beach Gardens, FL
• County: Palm Beach County · 1,438,312 people
• City population: 96,294
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 36,759
• Household income: $94,530
• Rent vs Own: 27.7% rent · 72.3% own
• Severe rent burden: 1429.0

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 (70%)
• Race & ethnicity: White 70% Hispanic / Latino 15% Two or more races 13% Black 5% Asian 4%
• Hispanic origin (detail): Mexican 2% Puerto Rican 2% Cuban 3%
• Common ancestry: Romanian 4% Lithuanian 3% Slovak 2%
• Foreign-born: 17% · Canada, Jamaica, Vietnam
• Languages at home: 78% English-only · Spanish 13% French/Haitian/Cajun 3% Other Indo-European 2%

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: ▼ -346.12%
• Current HPI: 375.5381
• Rent YoY: ▲ 2.49%
• 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

+1809.1% since first listed

12 events — show timeline

• 2026-05-23 Relisted — Beaches MLS
• 2026-05-20 Pending — Beaches MLS
• 2026-05-08 Price Changed $589,900 Beaches MLS
• 2026-04-27 Price Changed $599,999 Beaches MLS
• 2026-04-20 Relisted — Beaches MLS
• 2026-04-17 Pending — Beaches MLS
• 2026-04-10 Price Changed $605,555 Beaches MLS
• 2026-03-30 Price Changed $619,000 Beaches MLS
• 2026-02-26 Price Changed $629,999 Beaches MLS
• 2026-02-09 Listed $650,000 Beaches MLS
• 2026-02-04 Coming Soon $650,000 Beaches MLS
• 1970-01-01 Sold (Public Records) $30,900 Public Records

Property tax history

+1.0%/yr

Latest (2025): $1,798 · +3.9% YoY. Source: county tax records.