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5260 Nesting Way Unit B
B- Composite 66.5
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 +26.0/30.0
  • 1% rule +10.0/10.0
  • DSCR +8.8/10.0
  • 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

$125,000

5260 Nesting Way Unit B · Delray Beach, FL 33484
1 bd · 2.0 ba · 1,092 sqft · Condo public records · 125 Days on market
Built 1984 $621/mo HOA · 29% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Spacious, bright and airy 1BR/2full bath villa is nestled in an active 55+ community. Just steps to the pool and clubhouse. This villa is currently tenant occupied and needs a 45 day closing period. Villa features: neutral ceramic tile throughout, eat in kitchen, enclosed Florida room that may be used as a den or 2nd bedroom, offered partially furnished. Florida living at its best in this very active 55+ community where you'll find many planned social activities, enjoy game night, traveling, large heated resort style pool/clubhouse and much more. Located close to all amenities, just 3 miles to the our award winning beaches and trendy downtown Delray Beach. Make this villa your new piece of paradise. May rent after 2yrs, no pets. Stacked washer and Dryer in villa. In Delray find, quaint shops, open air cafes, fine restaurants, shopping malls, close to theaters, Golf Courses, International tennis center, new state of the art Library, close to I95/Turnpike, Places of worship and so much more. * * All information in this listing is deemed is reliable not guaranteed and subject to errors and omission and changes without notice. Please verify all information as needed. * *

Key facts

  • Clubhouse
  • Modern appliances
  • Renovated kitchen

Tags

OPEN-CONCEPT LAYOUTTILE FLOORINGRENOVATED KITCHENGRANITE COUNTERTOPSMODERN APPLIANCESCLUBHOUSE

Property features AI

Finance

  • Other: Located in a senior community; Pets allowed with restrictions
  • Financial info: Annual tax information available
  • HOA & community: Monthly association fee; Association amenities include clubhouse, fitness center, and pool; Association fee covers common areas, cable TV, insurance, laundry, grounds maintenance, structure maintenance, pools, recreation facilities, reserve fund, roof, trash, and water

Exterior

  • Parking: One covered garage space; Guest parking available
  • Security: Smoke detectors
  • Utilities: Central HVAC; Electric water heater
  • Home design: Single-story residence; Entry at ground level
  • Construction: Block construction; Resale property
  • Exterior features: Awnings; Storm/security shutters; Association pool

Interior

  • Kitchen: Dishwasher; Electric range; Microwave; Self-cleaning oven; Refrigerator; Garbage disposal
  • Bedrooms: Primary bedroom on main level
  • Flooring: Ceramic tile
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating; Central air conditioning
  • Interior features: First-floor entry; Main-level primary bedroom; Smoke detector(s)
  • Laundry & utility: Washer; Dryer; Electric water heater

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 1-bed/2.0-bath condo listed at $125k.

Deal economics

  • At list price, monthly cash flow is $313 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $125k).
  • Recommended offer: $110k (12.0% below list) — sets the bar for market timing.
  • Cap rate 9.3% 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 25d 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 $864 of loan paydown is wiped out by about $4k 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 $35k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 125 days — a 12% lower offer ($110k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 11y 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 $55k; list at $125k implies a 127% gain — meaningful room to come down on a strong offer.

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 $110,000 (12.0% 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 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
1.73%
Cap rate
9.29%
Cash-on-cash
10.72%
DSCR
1.48
GRM
4.8

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
2.1%
Equity multiple
1.08×
Total profit
$2,837
Equity at exit
$18,638
10-year hold
IRR
13.5%
Equity multiple
2.18×
Total profit
$41,455
Equity at exit
$10,808

Cash invested: $35,000 (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.

ZIP-level market 33484

Rents YoY
4.3%
Active inventory
546
Price-to-rent
4.8×

Monthly cashflow live

Estimated rent
$2,163 high interval (Pro) →
Mortgage (P&I)
$656
Tax from tax record
$68 /mo · $812/yr
Insurance
$52
HOA
$621
Vacancy / Maint / Mgmt
$454
Net cashflow
$313

Break-even live

Break-even rent $1,767
Max offer price $125,000
Occupancy floor 81%

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
$31,250
Closing costs
$3,750
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
13990 Nesting Way Unit C Delray Beach, FL 1.0 2.0 1092 $2,300 $2.11 24d 1 0.05mi
5061 Nesting Way Unit D Delray Beach, FL 2.0 2.0 1255 $2,400 $1.91 24d 1 0.06mi
14040 Nesting Way Unit B Delray Beach, FL 1.0 2.0 1092 $1,700 $1.56 24d 1 0.13mi
14139 Nesting Way Unit A Delray Beach, FL 2.0 2.0 1255 $2,200 $1.75 12d 1 0.23mi
5200 Privet Pl Unit C Delray Beach, FL 2.0 2.0 1457 $1,850 $1.27 24d 1 0.24mi
5349 Lakefront Blvd Unit B Delray Beach, FL 1.0 2.0 1068 $1,800 $1.69 24d 1 0.26mi
13682 Via Flora Unit H Delray Beach, FL 2.0 2.0 1097 $1,900 $1.73 24d 1 0.27mi
5093 Privet Pl Unit A-1 Delray Beach, FL 2.0 2.0 1220 $2,350 $1.93 24d 1 0.34mi
5265 NW 3rd St Unit C Delray Beach, FL 1.0 1.5 1080 $2,200 $2.04 24d 1 0.36mi
5169 Lakefront Blvd Unit D Delray Beach, FL 2.0 2.0 1186 $2,300 $1.94 24d 1 0.38mi
5462 Via Delray #123 Delray Beach, FL 2.0 2.0 1200 $2,700 $2.25 21d 1 0.39mi
13670 Via Flora Delray Beach, FL 2.0 2.0 1021 $1,400 $1.37 24d 1 0.40mi
13670 Via Flora Delray Beach, FL 2.0 2.0 1021 $1,400 $1.37 16d 1 0.40mi
13721 Flora Pl Unit D Delray Beach, FL 2.0 2.0 1097 $1,850 $1.69 24d 1 0.40mi
13721 Flora Pl Unit D Delray Beach, FL 2.0 2.0 1097 $1,900 $1.73 5d 1 0.40mi
13419 Noble Dr Delray Beach, FL 2.0 2.0 1410 $3,600 $2.55 17d 1 0.41mi
14629 Canalview Dr Unit C Delray Beach, FL 1.0 2.0 1068 $1,600 $1.50 24d 1 0.41mi
5385 Lakefront Blvd Unit A Delray Beach, FL 2.0 2.0 1186 $2,200 $1.85 24d 1 0.41mi
14676 Canalview Dr Unit C Delray Beach, FL 1.0 2.0 1068 $1,775 $1.66 24d 1 0.41mi
5550 Nepsa Way Delray Beach, FL 1.0–3.0 1.0–2.0 1035 $2,164 $2.09 1d 12 0.41mi
13731 Flora Pl Unit A Delray Beach, FL 2.0 2.0 1097 $1,850 $1.69 24d 1 0.44mi
4477 NW 3rd Dr Delray Beach, FL 2.0 1.5 1109 $2,550 $2.30 24d 1 0.45mi
13741 Flora Pl Unit B Delray Beach, FL 2.0 2.0 989 $2,100 $2.12 22d 1 0.45mi
13787 Flora Pl Unit A Delray Beach, FL 2.0 2.0 1097 $2,500 $2.28 24d 1 0.46mi
5126 Lakefront Blvd Unit D Delray Beach, FL 2.0 2.0 1186 $2,500 $2.11 21d 1 0.46mi
5030 Lakefront Blvd Unit D Delray Beach, FL 2.0 2.0 1287 $1,700 $1.32 24d 1 0.47mi
14050 Pacific Point Pl Delray Beach, FL 1.0–3.0 1.0–2.0 1033 $2,336 $2.26 2d 22 0.49mi
13886 Via Flora Unit A Delray Beach, FL 2.0 2.0 1097 $2,075 $1.89 24d 1 0.51mi
13916 Via Flora Unit F Delray Beach, FL 2.0 2.0 989 $3,000 $3.03 24d 1 0.55mi
14401 S Military Trl Delray Beach, FL 2.0–3.0 1.0–2.0 1094 $2,384 $2.18 2d 8 0.56mi
13759 Date Palm Ct Unit A Delray Beach, FL 2.0 2.0 1247 $3,500 $2.81 24d 1 0.56mi
5655 Via Delray Delray Beach, FL 2.0 2.0 1205 $2,200 $1.83 24d 1 0.61mi
4510 NW 2nd St Unit A Delray Beach, FL 2.0 2.0 1080 $1,800 $1.67 24d 1 0.61mi
14484 Canalview Dr Unit C Delray Beach, FL 1.0 2.0 1068 $1,700 $1.59 24d 1 0.62mi
13657 Night Sky Pl Delray Beach, FL 2.0 2.0 1319 $3,200 $2.43 8d 1 0.67mi
4809 N Wickham Cir Unit A Delray Beach, FL 2.0 2.0 1028 $2,600 $2.53 24d 1 0.67mi
13431 Amber Waves Ave Delray Beach, FL 2.0 2.0 1390 $3,500 $2.52 24d 1 0.69mi
5675 Queen Palm Ct Delray Beach, FL 2.0 2.0 1200 $2,600 $2.17 24d 1 0.74mi
5908 Via Delray Blvd Delray Beach, FL 2.0 2.0 1221 $2,000 $1.64 24d 1 0.74mi
14716 Canalview Dr Unit D Delray Beach, FL 2.0 2.0 1186 $3,500 $2.95 13d 1 0.77mi

HOA detail condo

Monthly dues
$621 · $7,452/yr
Likely covers
pool
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 22 events

  1. 2026-06-18
    days on market $125,000 Active 125 DOM
  2. 2026-06-17
    days on market $125,000 Active 124 DOM
  3. 2026-06-16
    days on market $125,000 Active 123 DOM
  4. 2026-06-15
    days on market $125,000 Active 122 DOM
  5. 2026-06-13
    days on market $125,000 Active 120 DOM
  6. 2026-06-09
    days on market $125,000 Active 116 DOM
  7. 2026-06-07
    days on market $125,000 Active 114 DOM
  8. 2026-06-04
    days on market $125,000 Active 111 DOM
  9. 2026-06-03
    days on market $125,000 Active 110 DOM
  10. 2026-06-01
    days on market $125,000 Active 108 DOM
  11. 2026-05-31
    days on market $125,000 Active 107 DOM
  12. 2026-02-11
    listed $130,000 Active
  13. 2015-08-05
    soldstatus $55,000
  14. 2015-07-17
    soldstatus $55,000 Closed 1187-char remark
    Show marketing remark (1187 chars)

    Spacious, bright and airy 1BR/2full bath villa is nestled in an active 55+ community. Just steps to the pool and clubhouse. This villa is currently tenant occupied and needs a 45 day closing period. Villa features: neutral ceramic tile throughout, eat in kitchen, enclosed Florida room that may be used as a den or 2nd bedroom, offered partially furnished. Florida living at its best in this very active 55+ community where you'll find many planned social activities, enjoy game night, traveling, large heated resort style pool/clubhouse and much more. Located close to all amenities, just 3 miles to the our award winning beaches and trendy downtown Delray Beach. Make this villa your new piece of paradise. May rent after 2yrs, no pets. Stacked washer and Dryer in villa. In Delray find, quaint shops, open air cafes, fine restaurants, shopping malls, close to theaters, Golf Courses, International tennis center, new state of the art Library, close to I95/Turnpike, Places of worship and so much more. * * All information in this listing is deemed is reliable not guaranteed and subject to errors and omission and changes without notice. Please verify all information as needed. * *

  15. 2015-07-16
    status Pending 1187-char remark
    Show marketing remark (1187 chars)

    Spacious, bright and airy 1BR/2full bath villa is nestled in an active 55+ community. Just steps to the pool and clubhouse. This villa is currently tenant occupied and needs a 45 day closing period. Villa features: neutral ceramic tile throughout, eat in kitchen, enclosed Florida room that may be used as a den or 2nd bedroom, offered partially furnished. Florida living at its best in this very active 55+ community where you'll find many planned social activities, enjoy game night, traveling, large heated resort style pool/clubhouse and much more. Located close to all amenities, just 3 miles to the our award winning beaches and trendy downtown Delray Beach. Make this villa your new piece of paradise. May rent after 2yrs, no pets. Stacked washer and Dryer in villa. In Delray find, quaint shops, open air cafes, fine restaurants, shopping malls, close to theaters, Golf Courses, International tennis center, new state of the art Library, close to I95/Turnpike, Places of worship and so much more. * * All information in this listing is deemed is reliable not guaranteed and subject to errors and omission and changes without notice. Please verify all information as needed. * *

  16. 2015-07-01
    status Active 1187-char remark
    Show marketing remark (1187 chars)

    Spacious, bright and airy 1BR/2full bath villa is nestled in an active 55+ community. Just steps to the pool and clubhouse. This villa is currently tenant occupied and needs a 45 day closing period. Villa features: neutral ceramic tile throughout, eat in kitchen, enclosed Florida room that may be used as a den or 2nd bedroom, offered partially furnished. Florida living at its best in this very active 55+ community where you'll find many planned social activities, enjoy game night, traveling, large heated resort style pool/clubhouse and much more. Located close to all amenities, just 3 miles to the our award winning beaches and trendy downtown Delray Beach. Make this villa your new piece of paradise. May rent after 2yrs, no pets. Stacked washer and Dryer in villa. In Delray find, quaint shops, open air cafes, fine restaurants, shopping malls, close to theaters, Golf Courses, International tennis center, new state of the art Library, close to I95/Turnpike, Places of worship and so much more. * * All information in this listing is deemed is reliable not guaranteed and subject to errors and omission and changes without notice. Please verify all information as needed. * *

  17. 2015-06-17
    status Pending 1187-char remark
    Show marketing remark (1187 chars)

    Spacious, bright and airy 1BR/2full bath villa is nestled in an active 55+ community. Just steps to the pool and clubhouse. This villa is currently tenant occupied and needs a 45 day closing period. Villa features: neutral ceramic tile throughout, eat in kitchen, enclosed Florida room that may be used as a den or 2nd bedroom, offered partially furnished. Florida living at its best in this very active 55+ community where you'll find many planned social activities, enjoy game night, traveling, large heated resort style pool/clubhouse and much more. Located close to all amenities, just 3 miles to the our award winning beaches and trendy downtown Delray Beach. Make this villa your new piece of paradise. May rent after 2yrs, no pets. Stacked washer and Dryer in villa. In Delray find, quaint shops, open air cafes, fine restaurants, shopping malls, close to theaters, Golf Courses, International tennis center, new state of the art Library, close to I95/Turnpike, Places of worship and so much more. * * All information in this listing is deemed is reliable not guaranteed and subject to errors and omission and changes without notice. Please verify all information as needed. * *

  18. 2015-06-09
    historical Contingent 1187-char remark
    Show marketing remark (1187 chars)

    Spacious, bright and airy 1BR/2full bath villa is nestled in an active 55+ community. Just steps to the pool and clubhouse. This villa is currently tenant occupied and needs a 45 day closing period. Villa features: neutral ceramic tile throughout, eat in kitchen, enclosed Florida room that may be used as a den or 2nd bedroom, offered partially furnished. Florida living at its best in this very active 55+ community where you'll find many planned social activities, enjoy game night, traveling, large heated resort style pool/clubhouse and much more. Located close to all amenities, just 3 miles to the our award winning beaches and trendy downtown Delray Beach. Make this villa your new piece of paradise. May rent after 2yrs, no pets. Stacked washer and Dryer in villa. In Delray find, quaint shops, open air cafes, fine restaurants, shopping malls, close to theaters, Golf Courses, International tennis center, new state of the art Library, close to I95/Turnpike, Places of worship and so much more. * * All information in this listing is deemed is reliable not guaranteed and subject to errors and omission and changes without notice. Please verify all information as needed. * *

  19. 2015-05-11
    historical 1187-char remark
    Show marketing remark (1187 chars)

    Spacious, bright and airy 1BR/2full bath villa is nestled in an active 55+ community. Just steps to the pool and clubhouse. This villa is currently tenant occupied and needs a 45 day closing period. Villa features: neutral ceramic tile throughout, eat in kitchen, enclosed Florida room that may be used as a den or 2nd bedroom, offered partially furnished. Florida living at its best in this very active 55+ community where you'll find many planned social activities, enjoy game night, traveling, large heated resort style pool/clubhouse and much more. Located close to all amenities, just 3 miles to the our award winning beaches and trendy downtown Delray Beach. Make this villa your new piece of paradise. May rent after 2yrs, no pets. Stacked washer and Dryer in villa. In Delray find, quaint shops, open air cafes, fine restaurants, shopping malls, close to theaters, Golf Courses, International tennis center, new state of the art Library, close to I95/Turnpike, Places of worship and so much more. * * All information in this listing is deemed is reliable not guaranteed and subject to errors and omission and changes without notice. Please verify all information as needed. * *

  20. 2015-05-06
    historical Contingent 1187-char remark
    Show marketing remark (1187 chars)

    Spacious, bright and airy 1BR/2full bath villa is nestled in an active 55+ community. Just steps to the pool and clubhouse. This villa is currently tenant occupied and needs a 45 day closing period. Villa features: neutral ceramic tile throughout, eat in kitchen, enclosed Florida room that may be used as a den or 2nd bedroom, offered partially furnished. Florida living at its best in this very active 55+ community where you'll find many planned social activities, enjoy game night, traveling, large heated resort style pool/clubhouse and much more. Located close to all amenities, just 3 miles to the our award winning beaches and trendy downtown Delray Beach. Make this villa your new piece of paradise. May rent after 2yrs, no pets. Stacked washer and Dryer in villa. In Delray find, quaint shops, open air cafes, fine restaurants, shopping malls, close to theaters, Golf Courses, International tennis center, new state of the art Library, close to I95/Turnpike, Places of worship and so much more. * * All information in this listing is deemed is reliable not guaranteed and subject to errors and omission and changes without notice. Please verify all information as needed. * *

  21. 2015-03-18
    price $59,900 1187-char remark
    Show marketing remark (1187 chars)

    Spacious, bright and airy 1BR/2full bath villa is nestled in an active 55+ community. Just steps to the pool and clubhouse. This villa is currently tenant occupied and needs a 45 day closing period. Villa features: neutral ceramic tile throughout, eat in kitchen, enclosed Florida room that may be used as a den or 2nd bedroom, offered partially furnished. Florida living at its best in this very active 55+ community where you'll find many planned social activities, enjoy game night, traveling, large heated resort style pool/clubhouse and much more. Located close to all amenities, just 3 miles to the our award winning beaches and trendy downtown Delray Beach. Make this villa your new piece of paradise. May rent after 2yrs, no pets. Stacked washer and Dryer in villa. In Delray find, quaint shops, open air cafes, fine restaurants, shopping malls, close to theaters, Golf Courses, International tennis center, new state of the art Library, close to I95/Turnpike, Places of worship and so much more. * * All information in this listing is deemed is reliable not guaranteed and subject to errors and omission and changes without notice. Please verify all information as needed. * *

  22. 2015-02-16
    listed $62,900 Active 1187-char remark
    Show marketing remark (1187 chars)

    Spacious, bright and airy 1BR/2full bath villa is nestled in an active 55+ community. Just steps to the pool and clubhouse. This villa is currently tenant occupied and needs a 45 day closing period. Villa features: neutral ceramic tile throughout, eat in kitchen, enclosed Florida room that may be used as a den or 2nd bedroom, offered partially furnished. Florida living at its best in this very active 55+ community where you'll find many planned social activities, enjoy game night, traveling, large heated resort style pool/clubhouse and much more. Located close to all amenities, just 3 miles to the our award winning beaches and trendy downtown Delray Beach. Make this villa your new piece of paradise. May rent after 2yrs, no pets. Stacked washer and Dryer in villa. In Delray find, quaint shops, open air cafes, fine restaurants, shopping malls, close to theaters, Golf Courses, International tennis center, new state of the art Library, close to I95/Turnpike, Places of worship and so much more. * * All information in this listing is deemed is reliable not guaranteed and subject to errors and omission and changes without notice. Please verify all information as needed. * *

ⓘ 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
$812 · $68/mo
Projected year-2 tax
$1,038 · $86/mo
Expected delta
+$225/yr (+$19/mo · 27.7%)

ⓘ 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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$25,958
− Mortgage interest
−$7,002
− Property taxes
−$812
− Insurance
−$625
− Repairs & maintenance
−$2,077
− Management
−$2,077
− HOA
−$7,452
− Depreciation
−$3,636
Taxable income
$2,277
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$547
After-tax cash flow
$3,205/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

Price history

+106.7% since first listed
11 events — show timeline
  • 2026-02-11 Listed $130,000 MARMLS
  • 2015-08-05 Sold (Public Records) $55,000 Public Records
  • 2015-07-17 Sold (MLS) $55,000 Beaches MLS
  • 2015-07-16 Pending Beaches MLS
  • 2015-07-01 Relisted Beaches MLS
  • 2015-06-17 Pending Beaches MLS
  • 2015-06-09 Contingent Beaches MLS
  • 2015-05-11 Listing Removed Beaches MLS
  • 2015-05-06 Contingent Beaches MLS
  • 2015-03-18 Price Changed $59,900 Beaches MLS
  • 2015-02-16 Listed $62,900 Beaches MLS

Property tax history

-0.3%/yr

Latest (2025): $812 · +2.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…