5746 Crystal Shores Dr #307 · Delray Beach, FL 33437

$279,000

3 bd · 2.0 ba · 1,813 sqft · Condo public records · 124 Days on market

Built 1996 $1043/mo HOA · 29% of rent

---

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 +14.3/30.0
• 1% rule +7.9/10.0
• ARV discount +7.5/15.0
• Appreciation +4.9/10.0
• DSCR +4.3/10.0
• Schools +4.3/10.0
• Livability +3.9/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

A TRUE 10' YOU HAVE BEEN WAITING FOR. SCREENED ENTRANCE TO THIS MAJESTIC HOME. WOOD-LOOK PLANK FLOORS THRU OUT EXECPT FOR BERBER CARPETS IN MASTER BEDRM. CROWN MOLDINDS DECORATE THIS CONDO AS WELL AS CUSTOM FANS AND LIGHT FIXTURES. THE EAT-IN KITCHEN BOASTS NEW CUSTOM CABINETS, GRANITE COUNTERS AND BACKSPLASH AND THE FINEST STAINLESS STEEL APPLIANCES. LARGE DINING AND LIVING RM. SUN RM OVERLOOKS A SHIMMERING WATERWAY. HUGE MASTER BEDROOM WITH SITTING RM. COMFORTABLE 2ND BEDRM AND COMFORTABLE DEN/3RD BEDRM. INSIDE LAUNDRY RM W. WASHER AND DRYER AND SINK. FANTASTIC ACTIVE CLUBHOUSE WITH CLUBS, THEATER, FULL SERVICE CAFE, GYM, POOL, EXERCISE RM. ART DEPT, 10 TENNIS COURTS, CARD RMS AND SO MUCH MORE.

Key facts

• Lake views
• Impact glass windows
• 10 tennis courts

Tags

• LAKE VIEWS
• IMPACT GLASS WINDOWS
• INDOOR OUTDOOR HEATED POOLS
• 10 TENNIS COURTS
• NEW ROOF

Property features AI

Finance

• Other: Senior community
• Financial info: Pets allowed with possible restrictions (number and size limits)
• HOA & community: Monthly HOA dues (includes cable TV, insurance, grounds maintenance, trash, common areas, elevator); Community amenities include pool, spa/hot tub, fitness center, clubhouse, game room, billiard room, library, community room, basketball court, tennis and shuffleboard courts, sauna, elevators, parking, manager on site, trash chute, street lights

Exterior

• Parking: Assigned parking; Guest parking available
• Security: Fire sprinkler system; Key card entry; Smoke detectors; Security lights; Security system; Window bars; Gated community (no guard); Security patrol
• Utilities: Public water; Public sewer; Three-phase electric; Underground utilities; Sewer available; Water available
• Home design: Condominium; Resale unit; Faces west; Four stories in the building; Entry on main level
• Construction: CBS construction; Spanish tile roof
• Exterior features: Waterfront property

Interior

• Kitchen: Dishwasher; Electric range; Microwave; Refrigerator; Disposal; Electric water heater
• Bedrooms: Three main-level bedrooms
• Flooring: Carpet; Ceramic tile; Vinyl
• Bathrooms: Two full bathrooms (both on main level)
• Heating & cooling: Central electric heating; Central air conditioning; Ceiling fans
• Interior features: Entrance foyer; Walk-in closets; Split bedroom layout; Roman tub; Furnished
• Laundry & utility: Indoor laundry with laundry tub

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath condo listed at $279k.

Deal economics

• At list price, monthly cash flow is $50 ($595/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $279k).
• Recommended offer: $246k (12.0% below list) — sets the bar for market timing.
• Cap rate 6.5% 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: Hagen Road Elementary School (math 55% / reading 63%, grade B-, #722 of 2,144 statewide, top 34%, 773 students, 46% FRL); Atlantic High School (math 28% / reading 52%, grade F, #296 of 667 statewide, top 45%, 1,889 students, 59% FRL) — zoned schools at 53% FRL track the district average.
• Market conditions: Rents rising (+1.3%/yr); 490 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d 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 $3,606/mo this rent would consume 54% of the median local household income ($81k/yr) (locally 902% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $1k of equity ($2k loan paydown + $-674 appreciation (-0.2% 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 124 days — a 12% lower offer ($246k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 28y ago; this cycle's ask has dropped $20k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $200k; 40% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: HOA is 29% of rent.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 5→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $245,520 (12.0% below list)

Questions for the listing agent

1. It's been on market 124 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. 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?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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.
9. 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.
10. 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: 1.29% ✓
• Cap rate: 6.51%
• Cash-on-cash: 0.76%
• DSCR: 1.03
• GRM: 6.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-0.24% appreciation · 1.28% rent growth · sell at horizon

5-year hold

• IRR: -3.9%
• Equity multiple: 0.82×
• Total profit: $-13,703
• Equity at exit: $77,658

10-year hold

• IRR: 0.4%
• Equity multiple: 1.04×
• Total profit: $3,288
• Equity at exit: $90,711

Cash invested: $78,120 (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 33437

• Home prices YoY: -0.1%
• Rents YoY: 1.3%
• Active inventory: 490
• Price-to-rent: 6.4×

Monthly cashflow live

• Estimated rent: $3,606 high
• Mortgage (P&I): −$1,463
• Tax from tax record: −$177 /mo · $2,119/yr
• Insurance: −$116
• HOA: −$1,043
• Vacancy / Maint / Mgmt: −$757
• Net cashflow: $50

Break-even live

Break-even rent $3,543

Max offer price $279,000

Occupancy floor 94%

Sensitivity live

Price	-10% $208	-5% $129	+0% $50	+5% $-29	+10% $-108
Rent	-10% $-235	-5% $-93	+0% $50	+5% $192	+10% $334
Rate	-1.0pp $190	-0.5pp $121	base $50	+0.5pp $-23	+1.0pp $-96

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: $69,750
• Closing costs: $8,370
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
12547 Imperial Isle Dr Boynton Beach, FL	2.0–3.0	2.0	1500	$4,500	$3.00	25d	2	0.13mi
5574 Royal Lake Cir Boynton Beach, FL	3.0	2.0	1658	$5,000	$3.02	16d	1	0.23mi
13056 Anthorne Ln Unit 113 Boynton Beach, FL	3.0	2.5	1755	$3,600	$2.05	0d	1	0.24mi
5952 Regal Glen Dr #103 Boynton Beach, FL	3.0	2.0	1813	$2,550	$1.41	25d	1	0.34mi
12390 Summer Springs Dr Boynton Beach, FL	3.0	2.0	1861	$3,300	$1.77	25d	1	0.37mi
5335 Vernio Ln Boynton Beach, FL	3.0	2.0	1798	$3,700	$2.06	25d	1	0.41mi
12654 Via Ravenna Boynton Beach, FL	3.0	2.0	1729	$3,500	$2.02	25d	1	0.43mi
12299 Forest Greens Dr Boynton Beach, FL	2.0	2.0	1310	$2,450	$1.87	18d	1	0.43mi
12932 Anthorne Ln Boynton Beach, FL	4.0	3.5	2008	$3,750	$1.87	21d	1	0.43mi
12118 Country Greens Blvd Boynton Beach, FL	3.0	2.0	1566	$3,000	$1.92	11d	1	0.62mi
13431 Amber Waves Ave Delray Beach, FL	2.0	2.0	1390	$3,500	$2.52	25d	1	0.67mi
13404 Brotherhood Way Delray Beach, FL	4.0	3.0	2509	$6,950	$2.77	23d	1	0.68mi
13297 Via Vulcanus Unit B Delray Beach, FL	2.0	2.0	1527	$3,000	$1.96	8d	1	0.70mi
13255 Royale Sabal Ct Delray Beach, FL	3.0	2.5	1618	$4,300	$2.66	25d	1	0.70mi
5449 Grande Palm Cir Delray Beach, FL	3.0	2.5	1618	$4,000	$2.47	18d	1	0.72mi
5449 Grande Palm Cir Delray Beach, FL	3.0	2.5	1618	$4,000	$2.47	25d	1	0.72mi
13759 Date Palm Ct Unit A Delray Beach, FL	2.0	2.0	1247	$3,500	$2.81	25d	1	0.77mi
5750 Fairway Park Ct #101 Boynton Beach, FL	3.0	2.0	1426	$1,850	$1.30	25d	1	0.81mi
5260 Grande Palm Cir Delray Beach, FL	3.0	2.0	1464	$2,800	$1.91	25d	1	0.88mi
13653 Jubilee Ln Delray Beach, FL	3.0	2.0	1305	$3,450	$2.64	15d	1	0.91mi
6599 Old Farm Trl #6599 Boynton Beach, FL	3.0	2.5	1441	$3,000	$2.08	25d	1	0.96mi
13657 Night Sky Pl Delray Beach, FL	2.0	2.0	1319	$3,200	$2.43	8d	1	0.98mi
13419 Noble Dr Delray Beach, FL	2.0	2.0	1410	$3,600	$2.55	18d	1	1.01mi
11690 Briarwood Cir Boynton Beach, FL	3.0	2.0	1952	$3,400	$1.74	25d	1	1.03mi
6633 Old Farm Trl Boynton Beach, FL	3.0	2.5	1441	$3,500	$2.43	25d	1	1.04mi
1418 W Wickham Cir Unit B Delray Beach, FL	3.0	2.5	1316	$3,200	$2.43	18d	1	1.06mi
6038 Lasalle Rd Delray Beach, FL	2.0	2.0	1475	$2,100	$1.42	6d	1	1.06mi
5256 Glenville Dr Boynton Beach, FL	3.0	2.0	2015	$5,000	$2.48	3d	1	1.10mi
13776 Hero Path Delray Beach, FL	3.0	2.0	1319	$3,400	$2.58	25d	1	1.12mi
4574 Danson Way Delray Beach, FL	3.0	2.5	1654	$3,300	$2.00	25d	1	1.13mi
5200 Privet Pl Unit C Delray Beach, FL	2.0	2.0	1457	$1,850	$1.27	25d	1	1.14mi
6685 Old Farm Trl Boynton Beach, FL	3.0	2.0	1361	$2,995	$2.20	25d	1	1.18mi
11853 Fountainside Cir Boynton Beach, FL	3.0	3.5	2410	$3,800	$1.58	25d	1	1.24mi
20 Westgate Ln Unit 20G Boynton Beach, FL	2.0	2.0	1712	$7,990	$4.67	11d	1	1.26mi
5570 Piping Rock Dr Boynton Beach, FL	2.0	2.0	1478	$2,850	$1.93	25d	1	1.26mi
5570 Piping Rock Dr Boynton Beach, FL	2.0	2.0	1478	$3,000	$2.03	0d	1	1.26mi
6725 Old Farm Trl Boynton Beach, FL	3.0	2.5	1441	$3,000	$2.08	21d	1	1.27mi
1590 Verawood Ln Delray Beach, FL	3.0	2.5	2295	$4,400	$1.92	13d	1	1.28mi
5061 Nesting Way Unit D Delray Beach, FL	2.0	2.0	1255	$2,400	$1.91	25d	1	1.30mi
19 Westgate Ln Unit 19F Boynton Beach, FL	2.0	2.0	1661	$6,750	$4.06	0d	1	1.32mi

HOA detail condo

• Monthly dues: $1,043 · $12,516/yr
• Likely covers: waterpoolgym
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 15 events

1. 2026-04-16
   status Active
2. 2026-04-05
   historical Active Under Contract
3. 2026-03-23
   price $279,000
4. 2026-01-25
   listed $299,000 Active
5. 2016-06-09
   soldstatus $200,000
6. 2016-06-03
   soldstatus $200,000 Closed 705-char remark

   Show marketing remark (705 chars)

   A TRUE 10' YOU HAVE BEEN WAITING FOR. SCREENED ENTRANCE TO THIS MAJESTIC HOME. WOOD-LOOK PLANK FLOORS THRU OUT EXECPT FOR BERBER CARPETS IN MASTER BEDRM. CROWN MOLDINDS DECORATE THIS CONDO AS WELL AS CUSTOM FANS AND LIGHT FIXTURES. THE EAT-IN KITCHEN BOASTS NEW CUSTOM CABINETS, GRANITE COUNTERS AND BACKSPLASH AND THE FINEST STAINLESS STEEL APPLIANCES. LARGE DINING AND LIVING RM. SUN RM OVERLOOKS A SHIMMERING WATERWAY. HUGE MASTER BEDROOM WITH SITTING RM. COMFORTABLE 2ND BEDRM AND COMFORTABLE DEN/3RD BEDRM. INSIDE LAUNDRY RM W. WASHER AND DRYER AND SINK. FANTASTIC ACTIVE CLUBHOUSE WITH CLUBS, THEATER, FULL SERVICE CAFE, GYM, POOL, EXERCISE RM. ART DEPT, 10 TENNIS COURTS, CARD RMS AND SO MUCH MORE.

7. 2016-04-29
   historical Contingent 705-char remark

   Show marketing remark (705 chars)

   A TRUE 10' YOU HAVE BEEN WAITING FOR. SCREENED ENTRANCE TO THIS MAJESTIC HOME. WOOD-LOOK PLANK FLOORS THRU OUT EXECPT FOR BERBER CARPETS IN MASTER BEDRM. CROWN MOLDINDS DECORATE THIS CONDO AS WELL AS CUSTOM FANS AND LIGHT FIXTURES. THE EAT-IN KITCHEN BOASTS NEW CUSTOM CABINETS, GRANITE COUNTERS AND BACKSPLASH AND THE FINEST STAINLESS STEEL APPLIANCES. LARGE DINING AND LIVING RM. SUN RM OVERLOOKS A SHIMMERING WATERWAY. HUGE MASTER BEDROOM WITH SITTING RM. COMFORTABLE 2ND BEDRM AND COMFORTABLE DEN/3RD BEDRM. INSIDE LAUNDRY RM W. WASHER AND DRYER AND SINK. FANTASTIC ACTIVE CLUBHOUSE WITH CLUBS, THEATER, FULL SERVICE CAFE, GYM, POOL, EXERCISE RM. ART DEPT, 10 TENNIS COURTS, CARD RMS AND SO MUCH MORE.

8. 2016-02-15
   price $215,000 705-char remark

   Show marketing remark (705 chars)

   A TRUE 10' YOU HAVE BEEN WAITING FOR. SCREENED ENTRANCE TO THIS MAJESTIC HOME. WOOD-LOOK PLANK FLOORS THRU OUT EXECPT FOR BERBER CARPETS IN MASTER BEDRM. CROWN MOLDINDS DECORATE THIS CONDO AS WELL AS CUSTOM FANS AND LIGHT FIXTURES. THE EAT-IN KITCHEN BOASTS NEW CUSTOM CABINETS, GRANITE COUNTERS AND BACKSPLASH AND THE FINEST STAINLESS STEEL APPLIANCES. LARGE DINING AND LIVING RM. SUN RM OVERLOOKS A SHIMMERING WATERWAY. HUGE MASTER BEDROOM WITH SITTING RM. COMFORTABLE 2ND BEDRM AND COMFORTABLE DEN/3RD BEDRM. INSIDE LAUNDRY RM W. WASHER AND DRYER AND SINK. FANTASTIC ACTIVE CLUBHOUSE WITH CLUBS, THEATER, FULL SERVICE CAFE, GYM, POOL, EXERCISE RM. ART DEPT, 10 TENNIS COURTS, CARD RMS AND SO MUCH MORE.

9. 2015-12-15
   price $219,000 705-char remark

   Show marketing remark (705 chars)

   A TRUE 10' YOU HAVE BEEN WAITING FOR. SCREENED ENTRANCE TO THIS MAJESTIC HOME. WOOD-LOOK PLANK FLOORS THRU OUT EXECPT FOR BERBER CARPETS IN MASTER BEDRM. CROWN MOLDINDS DECORATE THIS CONDO AS WELL AS CUSTOM FANS AND LIGHT FIXTURES. THE EAT-IN KITCHEN BOASTS NEW CUSTOM CABINETS, GRANITE COUNTERS AND BACKSPLASH AND THE FINEST STAINLESS STEEL APPLIANCES. LARGE DINING AND LIVING RM. SUN RM OVERLOOKS A SHIMMERING WATERWAY. HUGE MASTER BEDROOM WITH SITTING RM. COMFORTABLE 2ND BEDRM AND COMFORTABLE DEN/3RD BEDRM. INSIDE LAUNDRY RM W. WASHER AND DRYER AND SINK. FANTASTIC ACTIVE CLUBHOUSE WITH CLUBS, THEATER, FULL SERVICE CAFE, GYM, POOL, EXERCISE RM. ART DEPT, 10 TENNIS COURTS, CARD RMS AND SO MUCH MORE.

10. 2015-09-05
    listed $229,900 Active 705-char remark

    Show marketing remark (705 chars)

    A TRUE 10' YOU HAVE BEEN WAITING FOR. SCREENED ENTRANCE TO THIS MAJESTIC HOME. WOOD-LOOK PLANK FLOORS THRU OUT EXECPT FOR BERBER CARPETS IN MASTER BEDRM. CROWN MOLDINDS DECORATE THIS CONDO AS WELL AS CUSTOM FANS AND LIGHT FIXTURES. THE EAT-IN KITCHEN BOASTS NEW CUSTOM CABINETS, GRANITE COUNTERS AND BACKSPLASH AND THE FINEST STAINLESS STEEL APPLIANCES. LARGE DINING AND LIVING RM. SUN RM OVERLOOKS A SHIMMERING WATERWAY. HUGE MASTER BEDROOM WITH SITTING RM. COMFORTABLE 2ND BEDRM AND COMFORTABLE DEN/3RD BEDRM. INSIDE LAUNDRY RM W. WASHER AND DRYER AND SINK. FANTASTIC ACTIVE CLUBHOUSE WITH CLUBS, THEATER, FULL SERVICE CAFE, GYM, POOL, EXERCISE RM. ART DEPT, 10 TENNIS COURTS, CARD RMS AND SO MUCH MORE.

11. 1999-06-02
    soldstatus $115,000
12. 1999-05-28
    soldstatus $115,000 176-char remark

    Show marketing remark (176 chars)

    BEST LAKE VIEW, BETTER THAN NEW, LIGHT TILE FLOORS, CARPET IN MASTER, MAJESTY MODEL, MUST SEE, INCREDIBLE CLUBHOUSE & RECREATION FACILITIES VERY MOTIVATED!!!! BRING OFFER

13. 1999-04-27
    historical 176-char remark

    Show marketing remark (176 chars)

    BEST LAKE VIEW, BETTER THAN NEW, LIGHT TILE FLOORS, CARPET IN MASTER, MAJESTY MODEL, MUST SEE, INCREDIBLE CLUBHOUSE & RECREATION FACILITIES VERY MOTIVATED!!!! BRING OFFER

14. 1998-12-07
    listed $120,000 176-char remark

    Show marketing remark (176 chars)

    BEST LAKE VIEW, BETTER THAN NEW, LIGHT TILE FLOORS, CARPET IN MASTER, MAJESTY MODEL, MUST SEE, INCREDIBLE CLUBHOUSE & RECREATION FACILITIES VERY MOTIVATED!!!! BRING OFFER

15. 1998-03-13
    soldstatus $120,000

ⓘ 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: $2,119 · $177/mo
• Projected year-2 tax: $2,316 · $193/mo
• Expected delta: +$197/yr (+$16/mo · 9.3%)

ⓘ 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 5 d/yr ≥106°F today · 18 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $43,269
• − Mortgage interest: −$15,628
• − Property taxes: −$2,119
• − Insurance: −$1,395
• − Repairs & maintenance: −$3,461
• − Management: −$3,461
• − HOA: −$12,516
• − Depreciation: −$8,116
• Taxable loss: −$3,429
• Est. tax savings @ 24.0%: +$823
• After-tax cash flow: $1,418/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

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

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): 37,229
• Household income: $80,710
• Rent vs Own: 14.5% rent · 85.5% own
• Severe rent burden: 902.0

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 (68%)
• Race & ethnicity: White 68% Two or more races 13% Hispanic / Latino 12% Black 10% Asian 3%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2% Cuban 1% Dominican 1%
• Common ancestry: Scotch-Irish 8% Romanian 8% Hispanic 6%
• Foreign-born: 18% · Canada, Jamaica, Vietnam
• Languages at home: 78% English-only · Spanish 10% French/Haitian/Cajun 6% 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: ▼ -0.24%
• Current HPI: 257.5891
• Rent YoY: ▲ 1.28%
• 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

+132.5% since first listed

15 events — show timeline

• 2026-04-16 Relisted — Beaches MLS
• 2026-04-05 Contingent — Beaches MLS
• 2026-03-23 Price Changed $279,000 Beaches MLS
• 2026-01-25 Listed $299,000 Beaches MLS
• 2016-06-09 Sold (Public Records) $200,000 Public Records
• 2016-06-03 Sold (MLS) $200,000 Beaches MLS
• 2016-04-29 Contingent — Beaches MLS
• 2016-02-15 Price Changed $215,000 Beaches MLS
• 2015-12-15 Price Changed $219,000 Beaches MLS
• 2015-09-05 Listed $229,900 Beaches MLS
• 1999-06-02 Sold (Public Records) $115,000 Public Records
• 1999-05-28 Sold (MLS) $115,000 Beaches MLS
• 1999-04-27 Listing Removed — Beaches MLS
• 1998-12-07 Listed $120,000 Beaches MLS
• 1998-03-13 Sold (Public Records) $120,000 Public Records

Property tax history

+0.4%/yr

Latest (2025): $2,119 · +3.5% YoY. Source: county tax records.