14492 Canalview Dr Unit B · Delray Beach, FL 33484

$151,500

1 bd · 2.0 ba · 1,068 sqft · Condo public records · 212 Days on market

Built 1981 $385/mo HOA · 18% of rent

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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 +26.7/30.0
• 1% rule +9.4/10.0
• DSCR +9.1/10.0
• 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

Listing remarks MLS

This little gem has many special touches. Southern exposure, closed in Florida room under air, tiled, 5 ceiling fans, recessed lighting. Second full bath with step in shower. 2010 AC with UV system. Extra built in storage. Drop down attic ladder. Hurricane accordion shutters on all windows. Unit comes furnished. The Clubhouse is also equipped with a new generator so your never left in the dark. This 55+ well maintained community sits in the center of all the local attractions. East to “Downtown Delray”. West to the new “Delray Market Place”. South to “Boca Raton” and just north is “Boynton Beach”. High Point of Delray West II is the place to live. Being this close to airports, turnpike and I95, make getting here quick and easy. You will not find this much anywhere else for less.

Key facts

• $385 HOA
• Parking
• Built 1981

Property features AI

Finance

• HOA & community: HOA with clubhouse and street lights; HOA fee $385 monthly; Senior community

Exterior

• Parking: 1 parking space; No carport
• Utilities: Three-phase electric; Public sewer; Cable available; Sewer available
• Home design: Condominium; One story; Faces south; Resale property
• Construction: Built with CBS construction; Slate roof
• Exterior features: Entry-level living area; Not waterfront

Interior

• Kitchen: Dishwasher; Refrigerator
• Bedrooms: 1 main-level bedroom
• Bathrooms: 2 full bathrooms (main level)
• Heating & cooling: Central heating; Electric cooling
• Interior features: Kitchen island; Walk-in closet(s); Pull-down attic stairs; Unfurnished

What this means for you Summary

Snapshot

• This is a 1-bed/2.0-bath condo listed at $152k.

Deal economics

• At list price, monthly cash flow is $408 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $152k).
• Recommended offer: $133k (12.0% below list) — sets the bar for market timing.
• Cap rate 9.5% 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.
• 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 42% 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 $1k of loan paydown is wiped out by about $5k 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 $42k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 212 days — a 12% lower offer ($133k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 12y ago; this cycle's ask has dropped $34k (18%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $54k; list at $152k implies a 183% 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→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $133,320 (12.0% below list)

Questions for the listing agent

1. It's been on market 212 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: 1.44% ✓
• Cap rate: 9.53%
• Cash-on-cash: 11.55%
• DSCR: 1.51
• GRM: 5.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 4.28% rent growth · sell at horizon

5-year hold

• IRR: 2.7%
• Equity multiple: 1.11×
• Total profit: $4,510
• Equity at exit: $22,589

10-year hold

• IRR: 13.8%
• Equity multiple: 2.18×
• Total profit: $50,234
• Equity at exit: $13,099

Cash invested: $42,420 (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 33484

• Rents YoY: 4.3%
• Active inventory: 546
• Price-to-rent: 5.8×

Monthly cashflow live

• Estimated rent: $2,185 high
• Mortgage (P&I): −$794
• Tax from tax record: −$75 /mo · $905/yr
• Insurance: −$63
• HOA: −$385
• Vacancy / Maint / Mgmt: −$459
• Net cashflow: $408

Break-even live

Break-even rent $1,668

Max offer price $151,500

Occupancy floor 76%

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: $37,875
• Closing costs: $4,545
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
14484 Canalview Dr Unit C Delray Beach, FL	1.0	2.0	1068	$1,700	$1.59	24d	1	0.03mi
14716 Canalview Dr Unit D Delray Beach, FL	2.0	2.0	1186	$3,500	$2.95	12d	1	0.18mi
5385 Lakefront Blvd Unit A Delray Beach, FL	2.0	2.0	1186	$2,200	$1.85	24d	1	0.27mi
14629 Canalview Dr Unit C Delray Beach, FL	1.0	2.0	1068	$1,600	$1.50	24d	1	0.27mi
14676 Canalview Dr Unit C Delray Beach, FL	1.0	2.0	1068	$1,775	$1.66	24d	1	0.27mi
5126 Lakefront Blvd Unit D Delray Beach, FL	2.0	2.0	1186	$2,500	$2.11	20d	1	0.28mi
5169 Lakefront Blvd Unit D Delray Beach, FL	2.0	2.0	1186	$2,300	$1.94	24d	1	0.29mi
14401 S Military Trl Delray Beach, FL	2.0–3.0	1.0–2.0	1094	$2,384	$2.18	1d	8	0.32mi
5030 Lakefront Blvd Unit D Delray Beach, FL	2.0	2.0	1287	$1,700	$1.32	24d	1	0.38mi
14606 Lucy Dr Delray Beach, FL	2.0	2.0	1200	$1,850	$1.54	24d	1	0.41mi
5349 Lakefront Blvd Unit B Delray Beach, FL	1.0	2.0	1068	$1,800	$1.69	24d	1	0.42mi
14696 Lucy Dr #14696 Delray Beach, FL	2.0	2.0	1200	$2,200	$1.83	7d	1	0.44mi
5550 Nepsa Way Delray Beach, FL	1.0–3.0	1.0–2.0	1035	$2,164	$2.09	1d	12	0.47mi
14139 Nesting Way Unit A Delray Beach, FL	2.0	2.0	1255	$2,200	$1.75	11d	1	0.48mi
14040 Nesting Way Unit B Delray Beach, FL	1.0	2.0	1092	$1,700	$1.56	24d	1	0.52mi
5600 Atlantic Ave Delray Beach, FL	1.0–3.0	1.0–3.0	1147	$2,062	$1.80	1d	29	0.53mi
5265 NW 3rd St Unit C Delray Beach, FL	1.0	1.5	1080	$2,200	$2.04	24d	1	0.55mi
14425 Amapola Way Delray Beach, FL	2.0	2.0	1406	$2,800	$1.99	5d	1	0.55mi
14464 Campanelli Dr Delray Beach, FL	2.0	2.0	1296	$2,950	$2.28	24d	1	0.57mi
14050 Pacific Point Pl Delray Beach, FL	1.0–3.0	1.0–2.0	1033	$2,336	$2.26	1d	22	0.60mi
13990 Nesting Way Unit C Delray Beach, FL	1.0	2.0	1092	$2,300	$2.11	24d	1	0.61mi
5884 Morningstar Cir #306 Delray Beach, FL	2.0	2.0	1113	$2,200	$1.98	24d	1	0.65mi
5910 Morningstar Cir #202 Delray Beach, FL	2.0	2.0	1120	$2,200	$1.96	24d	1	0.65mi
5061 Nesting Way Unit D Delray Beach, FL	2.0	2.0	1255	$2,400	$1.91	24d	1	0.66mi
4477 NW 3rd Dr Delray Beach, FL	2.0	1.5	1109	$2,550	$2.30	24d	1	0.72mi
13682 Via Flora Unit H Delray Beach, FL	2.0	2.0	1097	$1,900	$1.73	24d	1	0.75mi
15364 Lakes of Delray Blvd #45 Delray Beach, FL	2.0	2.0	1160	$2,000	$1.72	13d	1	0.76mi
15449 Lakes of Delray Blvd #207 Delray Beach, FL	2.0	2.0	976	$2,950	$3.02	24d	1	0.77mi
15469 Lakes of Delray Blvd #102 Delray Beach, FL	2.0	2.0	976	$3,000	$3.07	24d	1	0.77mi
6096 Kings Gate Cir Delray Beach, FL	2.0	2.0	1311	$2,500	$1.91	24d	1	0.77mi
4510 NW 2nd St Unit A Delray Beach, FL	2.0	2.0	1080	$1,800	$1.67	24d	1	0.78mi
13916 Via Flora Unit F Delray Beach, FL	2.0	2.0	989	$3,000	$3.03	24d	1	0.80mi
13886 Via Flora Unit A Delray Beach, FL	2.0	2.0	1097	$2,075	$1.89	24d	1	0.81mi
13787 Flora Pl Unit A Delray Beach, FL	2.0	2.0	1097	$2,500	$2.28	24d	1	0.85mi
15355 Lakes of Delray Blvd #309 Delray Beach, FL	2.0	2.0	1362	$2,800	$2.06	18d	1	0.85mi
5200 Privet Pl Unit C Delray Beach, FL	2.0	2.0	1457	$1,850	$1.27	24d	1	0.85mi
13721 Flora Pl Unit D Delray Beach, FL	2.0	2.0	1097	$1,850	$1.69	24d	1	0.86mi
13721 Flora Pl Unit D Delray Beach, FL	2.0	2.0	1097	$1,900	$1.73	5d	1	0.86mi
6234 Pointe Regal Cir Delray Beach, FL	2.0	2.0	1217	$3,899	$3.20	24d	1	0.88mi
13731 Flora Pl Unit A Delray Beach, FL	2.0	2.0	1097	$1,850	$1.69	24d	1	0.89mi

HOA detail condo

• Monthly dues: $385 · $4,620/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 21 events

1. 2026-06-18
   days on market $151,500 Active 212 DOM
2. 2026-06-17
   days on market $151,500 Active 211 DOM
3. 2026-06-16
   days on market $151,500 Active 210 DOM
4. 2026-06-15
   days on market $151,500 Active 209 DOM
5. 2026-06-13
   pricedays on market $151,500 Active 207 DOM
6. 2026-06-09
   days on market $152,000 Active 203 DOM
7. 2026-06-07
   days on market $152,000 Active 201 DOM
8. 2026-06-04
   days on market $152,000 Active 198 DOM
9. 2026-06-03
   days on market $152,000 Active 197 DOM
10. 2026-06-01
    days on market $152,000 Active 195 DOM
11. 2026-05-31
    days on market $152,000 Active 194 DOM
12. 2026-05-25
    price $152,000
13. 2026-02-11
    price $153,000
14. 2025-12-19
    price $169,000
15. 2025-11-18
    listed $185,000 Active
16. 2014-08-19
    soldstatus $53,500
17. 2014-06-23
    soldstatus $53,500 Closed 839-char remark

    Show marketing remark (839 chars)

    This little gem has many special touches. Southern exposure, closed in Florida room under air, tiled, 5 ceiling fans, recessed lighting. Second full bath with step in shower. 2010 AC with UV system. Extra built in storage. Drop down attic ladder. Hurricane accordion shutters on all windows. Unit comes furnished. The Clubhouse is also equipped with a new generator so your never left in the dark. This 55+ well maintained community sits in the center of all the local attractions. East to “Downtown Delray”. West to the new “Delray Market Place”. South to “Boca Raton” and just north is “Boynton Beach”. High Point of Delray West II is the place to live. Being this close to airports, turnpike and I95, make getting here quick and easy. You will not find this much anywhere else for less.

18. 2014-06-09
    status Pending 839-char remark

    Show marketing remark (839 chars)

    This little gem has many special touches. Southern exposure, closed in Florida room under air, tiled, 5 ceiling fans, recessed lighting. Second full bath with step in shower. 2010 AC with UV system. Extra built in storage. Drop down attic ladder. Hurricane accordion shutters on all windows. Unit comes furnished. The Clubhouse is also equipped with a new generator so your never left in the dark. This 55+ well maintained community sits in the center of all the local attractions. East to “Downtown Delray”. West to the new “Delray Market Place”. South to “Boca Raton” and just north is “Boynton Beach”. High Point of Delray West II is the place to live. Being this close to airports, turnpike and I95, make getting here quick and easy. You will not find this much anywhere else for less.

19. 2014-06-04
    listed $55,000 Active 839-char remark

    Show marketing remark (839 chars)

    This little gem has many special touches. Southern exposure, closed in Florida room under air, tiled, 5 ceiling fans, recessed lighting. Second full bath with step in shower. 2010 AC with UV system. Extra built in storage. Drop down attic ladder. Hurricane accordion shutters on all windows. Unit comes furnished. The Clubhouse is also equipped with a new generator so your never left in the dark. This 55+ well maintained community sits in the center of all the local attractions. East to “Downtown Delray”. West to the new “Delray Market Place”. South to “Boca Raton” and just north is “Boynton Beach”. High Point of Delray West II is the place to live. Being this close to airports, turnpike and I95, make getting here quick and easy. You will not find this much anywhere else for less.

20. 1987-01-01
    soldstatus $44,000
21. 1981-06-01
    soldstatus $45,400

ⓘ 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: $905 · $75/mo
• Projected year-2 tax: $1,257 · $105/mo
• Expected delta: +$352/yr (+$29/mo · 38.9%)

ⓘ 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 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,224
• − Mortgage interest: −$8,486
• − Property taxes: −$905
• − Insurance: −$758
• − Repairs & maintenance: −$2,098
• − Management: −$2,098
• − HOA: −$4,620
• − Depreciation: −$4,407
• Taxable income: $2,852
• Est. tax owed @ 24.0%: −$684
• After-tax cash flow: $4,216/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): 26,208
• Household income: $62,151
• Rent vs Own: 19.0% rent · 81.0% 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

+234.8% since first listed

10 events — show timeline

• 2026-05-25 Price Changed $152,000 Beaches MLS
• 2026-02-11 Price Changed $153,000 Beaches MLS
• 2025-12-19 Price Changed $169,000 Beaches MLS
• 2025-11-18 Listed $185,000 Beaches MLS
• 2014-08-19 Sold (Public Records) $53,500 Public Records
• 2014-06-23 Sold (MLS) $53,500 Beaches MLS
• 2014-06-09 Pending — Beaches MLS
• 2014-06-04 Listed $55,000 Beaches MLS
• 1987-01-01 Sold (Public Records) $44,000 Public Records
• 1981-06-01 Sold (Public Records) $45,400 Public Records

Property tax history

+0.3%/yr

Latest (2025): $905 · +2.6% YoY. Source: county tax records.