571 Calamint Pt · Royal Palm Beach, FL 33411

$599,000

5 bd · 3.0 ba · 2,677 sqft · SingleFamily public records · 188 Days on market

Built 2006 4,016 sqft lot $267/mo HOA · 7% of rent

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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).

• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• Cash flow +6.5/30.0
• Schools +4.3/10.0
• Livability +4.0/5.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• 1% rule +1.4/10.0
• DSCR +0.8/10.0

Listing remarks MLS

Move-in ready 5 bedroom, 2.5 bath Nautica Lakes home! Walking distance to the clubhouse and lake views! Freshly painted throughout, this home offers a spacious living area, updated kitchen with granite counters and black appliances, crown molding detail throughout and brand new carpet upstairs. This home is eligible under the Freddie Mac First Look Initiative through 08/20/2013. This home is eligible for HomeSteps Financing – no mortgage insurance required, no appraisal required, low down payment and more. Visit the HomeSteps website for more information on this financing program.

Key facts

• Accordion shutters
• Modern appliances
• 4,016 sq ft lot

Tags

• ACCORDION SHUTTERS
• MODERN APPLIANCES
• PRIMARY SUITE UPSTAIRS
• FULL BATHROOM DOWNSTAIRS

What this means for you Summary

Snapshot

• This is a 5-bed/3.0-bath single-family listed at $599k.

Deal economics

• At list price, monthly cash flow is $-1k ($-12k/yr) — negative.
• To cash-flow at today's rent, offer at most $421k (29.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $384k (36.0% below list).
• Recommended offer: $384k (36.0% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 79/100 on livability (#135 in FL, #2,039 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, health & safety A+; Watch: cost of living C-, amenities F, commute 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.
• Market conditions: Rents flat; 574 active listings in the ZIP; 21 comparable units currently listed for rent nearby; rentals at typical pace (median 22d 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 $3,836/mo this rent would consume 50% of the median local household income ($93k/yr) (locally 1870% 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 $64k of equity ($4k loan paydown + $60k appreciation (10.0% local appreciation)).
• Palm Beach County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$103k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 188 days — a 12% lower offer ($527k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 15y 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.
• Current owner paid $257k; list at $599k implies a 133% 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 6→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $383,580 (36.0% below list)

Questions for the listing agent

1. 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?
2. It's been on market 188 days. Have you received any prior offers? Is the seller open to a 36% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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. 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?
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 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: 0.64% ✗
• Cap rate: 4.28%
• Cash-on-cash: -7.20%
• DSCR: 0.68
• GRM: 13.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

10.0% appreciation · 0.85% rent growth · sell at horizon

5-year hold

• IRR: 18.7%
• Equity multiple: 2.51×
• Total profit: $253,984
• Equity at exit: $539,627

10-year hold

• IRR: 17.0%
• Equity multiple: 5.67×
• Total profit: $783,275
• Equity at exit: $1,163,725

Cash invested: $167,720 (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

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

Methodology + full state rankings →

ZIP-level market 33411

• Home prices YoY: 1.9%
• Rents YoY: 0.8%
• Active inventory: 574
• Price-to-rent: 13.0×

Monthly cashflow live

• Estimated rent: $3,836 high
• Mortgage (P&I): −$3,141
• Tax from tax record: −$379 /mo · $4,550/yr
• Insurance: −$250
• HOA: −$267
• Vacancy / Maint / Mgmt: −$806
• Net cashflow: $-1,007

Break-even live

Break-even rent $5,110

Max offer price $421,161

Occupancy floor —

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: $149,750
• Closing costs: $17,970
• Reserves months: —
• Total cash needed: —

Rent comps 21 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
102 Ibisca Ter Royal Palm Beach, FL	5.0	3.0	3235	$4,250	$1.31	24d	1	0.49mi
121 Tuscany Dr Royal Palm Beach, FL	4.0	3.0	2743	$3,599	$1.31	24d	1	0.58mi
11200 Nicole Dr Wellington, FL	1.0–4.0	1.0–3.5	1404	$4,443	$3.16	1d	33	0.78mi
176 Bellezza Ter Royal Palm Beach, FL	4.0	2.5	2058	$3,350	$1.63	10d	1	0.87mi
147 Kensington Way Royal Palm Beach, FL	4.0	2.5	2536	$4,000	$1.58	24d	1	1.05mi
169 Berenger Walk Royal Palm Beach, FL	4.0	2.5	2262	$3,750	$1.66	24d	1	1.07mi
175 Berenger Walk Royal Palm Beach, FL	4.0	2.5	2204	$3,600	$1.63	24d	1	1.07mi
106 Fernwood Cres Royal Palm Beach, FL	4.0	2.0	2088	$3,500	$1.68	14d	1	1.16mi
3308 Shoma Dr Royal Palm Beach, FL	4.0	3.5	1988	$2,500	$1.26	5d	1	1.19mi
3308 Shoma Dr Royal Palm Beach, FL	4.0	3.5	1988	$2,500	$1.26	24d	1	1.19mi
101 Mill Pond Ln Royal Palm Beach, FL	5.0	2.5	3210	$4,650	$1.45	16d	1	1.24mi
101 Mill Pond Ln Royal Palm Beach, FL	5.0	2.5	3210	$4,650	$1.45	14d	1	1.24mi
3106 Shoma Dr Royal Palm Beach, FL	4.0	3.5	1988	$3,900	$1.96	24d	1	1.25mi
3106 Shoma Dr Royal Palm Beach, FL	4.0	3.5	1988	$4,000	$2.01	3d	1	1.25mi
116 Hamilton Ter Royal Palm Beach, FL	4.0	2.5	2537	$3,500	$1.38	14d	1	1.34mi
116 Hamilton Ter Royal Palm Beach, FL	4.0	2.5	2537	$3,300	$1.30	2d	1	1.34mi
12231 Areaca Dr Wellington, FL	5.0	5.5	3400	$15,000	$4.41	24d	1	1.38mi
12231 Areaca Dr Wellington, FL	5.0	5.5	3400	$13,900	$4.09	14d	1	1.38mi
10690 Old Hammock Way Wellington, FL	5.0	3.0	3065	$6,000	$1.96	24d	1	1.40mi
10671 Old Hammock Way Wellington, FL	4.0	4.5	2811	$4,100	$1.46	22d	1	1.50mi
10671 Old Hammock Way Wellington, FL	4.0	4.5	2811	$4,200	$1.49	24d	1	1.50mi

HOA detail

• Monthly dues: $267 · $3,204/yr

Listing history 12 events

1. 2026-03-24
   status Pending
2. 2026-03-12
   status Active
3. 2026-03-12
   status Pending
4. 2026-01-08
   price $599,000
5. 2025-09-16
   listed $605,999 Active
6. 2025-05-07
   historical
7. 2024-07-19
   listed $659,900 Active
8. 2013-10-24
   soldstatus $257,000 Closed 593-char remark

   Show marketing remark (593 chars)

   Move-in ready 5 bedroom, 2.5 bath Nautica Lakes home! Walking distance to the clubhouse and lake views! Freshly painted throughout, this home offers a spacious living area, updated kitchen with granite counters and black appliances, crown molding detail throughout and brand new carpet upstairs. This home is eligible under the Freddie Mac First Look Initiative through 08/20/2013. This home is eligible for HomeSteps Financing – no mortgage insurance required, no appraisal required, low down payment and more. Visit the HomeSteps website for more information on this financing program.

9. 2013-08-19
   status Pending 593-char remark

   Show marketing remark (593 chars)

   Move-in ready 5 bedroom, 2.5 bath Nautica Lakes home! Walking distance to the clubhouse and lake views! Freshly painted throughout, this home offers a spacious living area, updated kitchen with granite counters and black appliances, crown molding detail throughout and brand new carpet upstairs. This home is eligible under the Freddie Mac First Look Initiative through 08/20/2013. This home is eligible for HomeSteps Financing – no mortgage insurance required, no appraisal required, low down payment and more. Visit the HomeSteps website for more information on this financing program.

10. 2013-08-05
    listed $253,900 Active 593-char remark

    Show marketing remark (593 chars)

    Move-in ready 5 bedroom, 2.5 bath Nautica Lakes home! Walking distance to the clubhouse and lake views! Freshly painted throughout, this home offers a spacious living area, updated kitchen with granite counters and black appliances, crown molding detail throughout and brand new carpet upstairs. This home is eligible under the Freddie Mac First Look Initiative through 08/20/2013. This home is eligible for HomeSteps Financing – no mortgage insurance required, no appraisal required, low down payment and more. Visit the HomeSteps website for more information on this financing program.

11. 2011-09-30
    historical
12. 2011-01-09
    listed $199,900

ⓘ 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: $4,550 · $379/mo
• Projected year-2 tax: $4,972 · $414/mo
• Expected delta: +$421/yr (+$35/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 6 d/yr ≥107°F today · 21 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: $46,030
• − Mortgage interest: −$33,553
• − Property taxes: −$4,550
• − Insurance: −$2,995
• − Repairs & maintenance: −$3,682
• − Management: −$3,682
• − HOA: −$3,204
• − Depreciation: −$17,425
• Taxable loss: −$23,063
• Est. tax savings @ 24.0%: +$5,535
• After-tax cash flow: $-6,545/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 — Royal Palm Beach

• Score: 79/100
• State rank: #135
• US rank: #2039

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Royal Palm Beach, FL
• County: Palm Beach County · 1,438,312 people
• City population: 75,299
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 76,863
• Household income: $92,591
• Rent vs Own: 20.5% rent · 79.5% own
• Severe rent burden: 1870.0

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: Diverse neighborhood (Simpson 0.70)
• Race & ethnicity: White 44% Hispanic / Latino 24% Black 23% Two or more races 16% Asian 5%
• Hispanic origin (detail): Mexican 2% Puerto Rican 5% Cuban 4% Dominican 2%
• Common ancestry: Hispanic 6% Romanian 2% Italian 1%
• Foreign-born: 26% · Canada, Jamaica, China
• Languages at home: 73% English-only · Spanish 17% French/Haitian/Cajun 4% 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: ▲ 17.04%
• Current HPI: 903.78
• Rent YoY: ▲ 0.85%
• 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

+199.6% since first listed

12 events — show timeline

• 2026-03-24 Pending — MARMLS
• 2026-03-12 Relisted — MARMLS
• 2026-03-12 Pending — MARMLS
• 2026-01-08 Price Changed $599,000 MARMLS
• 2025-09-16 Listed $605,999 MARMLS
• 2025-05-07 Listing Removed — Beaches MLS
• 2024-07-19 Listed $659,900 Beaches MLS
• 2013-10-24 Sold (MLS) $257,000 Beaches MLS
• 2013-08-19 Pending — Beaches MLS
• 2013-08-05 Listed $253,900 Beaches MLS
• 2011-09-30 Listing Removed — Beaches MLS
• 2011-01-09 Listed $199,900 Beaches MLS

Property tax history

+2.7%/yr

Latest (2025): $4,550 · +3.3% YoY. Source: county tax records.