150 Lake Meryl Dr #143 · West Palm Beach, FL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 5/10 · Moderate
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 10/10 · Severe
- Hot days now (above 106°F)
- 7 days/yr
- Hot days in 30 yrs
- 25 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
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 +16.1/30.0
- 1% rule +10.0/10.0
- Appreciation +10.0/10.0
- ARV discount +7.5/15.0
- DSCR +5.0/10.0
- Schools +4.3/10.0
- Livability +4.1/5.0
- Rent growth +2.7/5.0
- Condition / age +2.5/5.0
$99,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
MOTIVATED SELLLER!!!! This beautiful ground floor condo will make a perfect Florida home and keep within budget. As you enter your home, the garden & water view will greet you. Then you will see a spacious living & dining area, a kitchen large enough for a breakfast nook or coffee corner, a large master suite w/walk-in closet, a storage closet and a new screen enclosure on a very lovely patio with a serene,private back yard. Parking space is right in front of your unit! Golden Lakes is resort style living! Two beautiful,expansive clubhouses and a satellite pool steps from your door! Amenities: tennis,pickle ball, shuffleboard, billiards, a library, card/game room,a cafe, pingpong,bus shuttle service,community parties & more! Hurry! Come see this unit and make an offer! --click more-- Water,Cable & internet included. Complete accordion hurricane shutters for your unit. Golden Lakes is centrally located, you'd be close to restaurants and entertainment, as well as the beach,downtown WPB(rosemary square) and both I-95 & the Turnpike. Additionally, If you are a Hippocrates Wellness Center Alumni, this unit is perfect for a retreat visit at any time you wish! Golden Lakes is conveniently close to the wellness center, it makes this condo a very wise purchase.
Key facts
- Waterfront view
- Ground-level living
- Large walk-in closet
Tags
Property features AI
Finance
- HOA & community: Community amenities include: billiard room, clubhouse, fitness center, game room, laundry, on-site management, parking, pool, shuffleboard, spa/hot tub, tennis courts, manager on site, cafe/restaurant, community room, courtesy bus, internet included, library, pickleball courts, street lights; Monthly association fee (HOA) applies and includes cable TV, insurance, grounds maintenance, security, sewer, trash, water, common areas, and recreation facilities; Senior community; Pets allowed with possible restrictions (number/size limits may apply)
Exterior
- Parking: Assigned parking; One open parking space
- Security: Gated community with guard
- Utilities: Public water; Public sewer; Cable available; Water, sewer, and cable service available
- Home design: Condominium; Single-story (1 story); Entry-level living area; North-facing
- Construction: CBS construction
- Exterior features: Screened patio; Patio; Waterfront property
Interior
- Kitchen: Electric range; Refrigerator
- Bedrooms: One main-level bedroom
- Flooring: Ceramic tile
- Bathrooms: One full bathroom; One half bathroom (total 2 bathrooms)
- Heating & cooling: Central heating; Central air conditioning
- Interior features: Walk-in closet(s); Blinds on windows
- Laundry & utility: Laundry available (community)
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/1.5-bath condo listed at $99k.
Deal economics
- At list price, monthly cash flow is $50 ($602/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $99k).
- Recommended offer: $87k (12.0% below list) — sets the bar for market timing.
- Cap rate 6.9% vs local median 3.8% in West Palm 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 82/100 on livability (#75 in FL, #1,255 nationally) — a professional / high-income tenant draw. Strengths: commute A+, housing A+, health & safety A+; Watch: employment C-, crime 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; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 19d 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).
Forward outlook
- In year one you build about $11k of equity ($684 loan paydown + $10k 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.
- At projected returns (10.0% appreciation + 0.8% rent growth), your $28k cash investment doubles in ~3 years — after that, you're playing with house money.
- By year 4, paydown + projected appreciation supports a ~$38k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 287 days — a 12% lower offer ($87k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts since 22y ago; this cycle's ask has dropped $26k (21%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: HOA is 36% of rent.
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 287 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- 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?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Crime grade is F 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?
- 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.
- 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.
- 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
- 1.80% ✓
- Cap rate
- 6.90%
- Cash-on-cash
- 2.17%
- DSCR
- 1.10
- GRM
- 4.6
CMA / ARV
No comps found within radius.
Projected returns pro-forma
10.0% appreciation · 0.85% rent growth · sell at horizon
- IRR
- 24.6%
- Equity multiple
- 2.94×
- Total profit
- $53,781
- Equity at exit
- $89,187
- IRR
- 20.8%
- Equity multiple
- 6.40×
- Total profit
- $149,739
- Equity at exit
- $192,335
Cash invested: $27,720 (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
ZIP-level market 33411
- Home prices YoY
- 1.9%
- Rents YoY
- 0.8%
- Active inventory
- 574
- Price-to-rent
- 4.6×
Monthly cashflow live
- Estimated rent
- $1,781 high interval (Pro) →
- Mortgage (P&I)
- −$519
- Tax from tax record
- −$162 /mo · $1,948/yr
- Insurance
- −$41
- HOA
- −$634
- Vacancy / Maint / Mgmt
- −$374
- Net cashflow
- $50
Break-even live
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
- $24,750
- Closing costs
- $2,970
- 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
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 221 Lake Meryl Dr West Palm Beach, FL | 2.0 | 2.0 | 1000 | $1,550 | $1.55 | 24d | 1 | 0.18mi |
| 108 Lake Nancy Dr West Palm Beach, FL | 2.0 | 2.0 | 967 | $1,800 | $1.86 | 24d | 1 | 0.29mi |
| 138 Lake Frances Dr West Palm Beach, FL | 2.0 | 2.0 | 812 | $1,845 | $2.27 | 24d | 1 | 0.41mi |
| 161 Lake Frances Dr Unit 161 West Palm Beach, FL | 1.0 | 1.5 | 704 | $1,430 | $2.03 | 7d | 1 | 0.44mi |
| 1153 Lake Victoria Dr Royal Palm Beach, FL | 2.0 | 1.0 | 708 | $1,725 | $2.44 | 24d | 1 | 0.55mi |
| 1477 Lake Crystal Dr Unit D West Palm Beach, FL | 2.0 | 2.0 | 928 | $1,975 | $2.13 | 16d | 1 | 0.55mi |
| 230 Lake Dora Dr #230 West Palm Beach, FL | 2.0 | 2.0 | 888 | $1,700 | $1.91 | 7d | 1 | 0.55mi |
| 1465 Lake Crystal Dr Unit A West Palm Beach, FL | 2.0 | 2.0 | 904 | $1,900 | $2.10 | 1d | 1 | 0.60mi |
| 7080 Banyan Leaf Rd West Palm Beach, FL | 1.0–2.0 | 1.0–2.0 | 742 | $1,862 | $2.51 | 1d | 14 | 0.61mi |
| 1525 Lake Crystal Dr Unit C West Palm Beach, FL | 2.0 | 2.0 | 904 | $1,800 | $1.99 | 7d | 1 | 0.61mi |
| 1542 Lake Crystal Dr Unit H West Palm Beach, FL | 2.0 | 2.0 | 900 | $1,900 | $2.11 | 21d | 1 | 0.62mi |
| 1542 Lake Crystal Dr Unit H West Palm Beach, FL | 2.0 | 2.0 | 900 | $1,900 | $2.11 | 24d | 1 | 0.62mi |
| 1545 Lake Crystal Dr Unit D West Palm Beach, FL | 1.0 | 1.0 | 700 | $1,675 | $2.39 | 13d | 1 | 0.63mi |
| 1455 Lake Crystal Dr Unit H West Palm Beach, FL | 2.0 | 2.0 | 904 | $1,850 | $2.05 | 14d | 1 | 0.64mi |
| 1455 Lake Crystal Dr Unit H West Palm Beach, FL | 2.0 | 2.0 | 904 | $1,850 | $2.05 | 13d | 1 | 0.64mi |
| 1080 N Benoist Farms Rd #204 West Palm Beach, FL | 2.0 | 1.0 | 708 | $1,500 | $2.12 | 16d | 1 | 0.64mi |
| 1547 Lake Crystal Dr Unit A West Palm Beach, FL | 2.0 | 2.0 | 900 | $1,900 | $2.11 | 13d | 1 | 0.65mi |
| 1547 Lake Crystal Dr Unit A West Palm Beach, FL | 2.0 | 2.0 | 900 | $1,950 | $2.17 | 24d | 1 | 0.65mi |
| 1453 Lake Crystal Dr Unit D West Palm Beach, FL | 2.0 | 2.0 | 904 | $1,900 | $2.10 | 13d | 1 | 0.65mi |
| 1068 N Benoist Farms Rd #205 West Palm Beach, FL | 2.0 | 1.0 | 708 | $1,800 | $2.54 | 24d | 1 | 0.66mi |
| 1564 Lake Crystal Dr Unit F West Palm Beach, FL | 2.0 | 2.0 | 904 | $1,850 | $2.05 | 16d | 1 | 0.66mi |
| 1101 N Benoist Farms Rd #106 West Palm Beach, FL | 2.0 | 1.0 | 708 | $1,700 | $2.40 | 24d | 1 | 0.67mi |
| 1203 N Benoist Farms Rd #107 West Palm Beach, FL | 1.0 | 1.0 | 530 | $1,480 | $2.79 | 24d | 1 | 0.67mi |
| 1203 N Benoist Farms Rd #107 West Palm Beach, FL | 1.0 | 1.0 | 530 | $1,480 | $2.79 | 18d | 1 | 0.67mi |
| 1215 N Benoist Farms Rd #203 West Palm Beach, FL | 2.0 | 1.0 | 708 | $1,750 | $2.47 | 24d | 1 | 0.67mi |
| 1089 N Benoist Farms Rd #301 West Palm Beach, FL | 1.0 | 1.0 | 540 | $1,550 | $2.87 | 20d | 1 | 0.69mi |
| 1440 Windorah Way Unit D West Palm Beach, FL | 2.0 | 2.0 | 904 | $1,900 | $2.10 | 3d | 1 | 0.69mi |
| 155 Lake Carol Dr Unit 155 West Palm Beach, FL | 2.0 | 2.0 | 812 | $1,950 | $2.40 | 24d | 1 | 0.70mi |
| 1500 Windorah Way Unit D West Palm Beach, FL | 2.0 | 2.0 | 904 | $1,850 | $2.05 | 7d | 1 | 0.70mi |
| 1500 Windorah Way Unit D West Palm Beach, FL | 2.0 | 2.0 | 904 | $1,850 | $2.05 | 24d | 1 | 0.70mi |
| 1421 Windorah Way Unit E West Palm Beach, FL | 2.0 | 2.0 | 904 | $1,975 | $2.18 | 24d | 1 | 0.73mi |
| 1421 Windorah Way Unit E West Palm Beach, FL | 2.0 | 2.0 | 904 | $1,975 | $2.18 | 14d | 1 | 0.73mi |
| 1540 Windorah Way Unit D West Palm Beach, FL | 2.0 | 2.0 | 904 | $1,850 | $2.05 | 18d | 1 | 0.73mi |
| 203 Lake Carol Dr West Palm Beach, FL | 1.0 | 1.0 | 600 | $1,500 | $2.50 | 24d | 1 | 0.74mi |
| 1461 Windorah Way Unit E West Palm Beach, FL | 2.0 | 2.0 | 904 | $1,900 | $2.10 | 7d | 1 | 0.74mi |
| 1760 Windorah Way Unit H West Palm Beach, FL | 2.0 | 1.0 | 904 | $1,850 | $2.05 | 24d | 1 | 0.75mi |
| 1660 Windorah Way Unit H West Palm Beach, FL | 2.0 | 2.0 | 904 | $1,900 | $2.10 | 5d | 1 | 0.78mi |
| 1700 Windorah Way Unit A West Palm Beach, FL | 2.0 | 2.0 | 904 | $1,900 | $2.10 | 13d | 1 | 0.78mi |
| 129 Lake Carol Dr #129 West Palm Beach, FL | 1.0 | 1.0 | 600 | $1,500 | $2.50 | 24d | 1 | 0.78mi |
| 314 Lake Dora Dr West Palm Beach, FL | 2.0 | 2.0 | 888 | $1,650 | $1.86 | 20d | 1 | 0.78mi |
HOA detail condo
- Monthly dues
- $634 · $7,608/yr
- Likely covers
- waterinternetcablepool
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 27 events
-
2026-06-18days on market $99,000 Active 287 DOM
-
2026-06-17days on market $99,000 Active 286 DOM
-
2026-06-16days on market $99,000 Active 285 DOM
-
2026-06-15days on market $99,000 Active 284 DOM
-
2026-06-13pricedays on market $99,000 Active 282 DOM
-
2026-06-09days on market $105,000 Active 278 DOM
-
2026-06-07days on market $105,000 Active 276 DOM
-
2026-06-04days on market $105,000 Active 273 DOM
-
2026-06-03days on market $105,000 Active 272 DOM
-
2026-06-01days on market $105,000 Active 270 DOM
-
2026-05-31days on market $105,000 Active 269 DOM
-
2026-05-04price $105,000
-
2026-04-07price $110,000
-
2026-03-24price $115,000
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2026-02-12price $118,000
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2025-11-05price $124,500
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2025-09-04$125,000 Active
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2023-12-27soldstatus $101,000
-
2023-12-14soldstatus $101,000 Closed 1295-char remark
Show marketing remark (1295 chars)
MOTIVATED SELLLER!!!! This beautiful ground floor condo will make a perfect Florida home and keep within budget. As you enter your home, the garden & water view will greet you. Then you will see a spacious living & dining area, a kitchen large enough for a breakfast nook or coffee corner, a large master suite w/walk-in closet, a storage closet and a new screen enclosure on a very lovely patio with a serene,private back yard. Parking space is right in front of your unit! Golden Lakes is resort style living! Two beautiful,expansive clubhouses and a satellite pool steps from your door! Amenities: tennis,pickle ball, shuffleboard, billiards, a library, card/game room,a cafe, pingpong,bus shuttle service,community parties & more! Hurry! Come see this unit and make an offer! --click more-- Water,Cable & internet included. Complete accordion hurricane shutters for your unit. Golden Lakes is centrally located, you'd be close to restaurants and entertainment, as well as the beach,downtown WPB(rosemary square) and both I-95 & the Turnpike. Additionally, If you are a Hippocrates Wellness Center Alumni, this unit is perfect for a retreat visit at any time you wish! Golden Lakes is conveniently close to the wellness center, it makes this condo a very wise purchase.
-
2023-09-28historical Active Under Contract 1295-char remark
Show marketing remark (1295 chars)
MOTIVATED SELLLER!!!! This beautiful ground floor condo will make a perfect Florida home and keep within budget. As you enter your home, the garden & water view will greet you. Then you will see a spacious living & dining area, a kitchen large enough for a breakfast nook or coffee corner, a large master suite w/walk-in closet, a storage closet and a new screen enclosure on a very lovely patio with a serene,private back yard. Parking space is right in front of your unit! Golden Lakes is resort style living! Two beautiful,expansive clubhouses and a satellite pool steps from your door! Amenities: tennis,pickle ball, shuffleboard, billiards, a library, card/game room,a cafe, pingpong,bus shuttle service,community parties & more! Hurry! Come see this unit and make an offer! --click more-- Water,Cable & internet included. Complete accordion hurricane shutters for your unit. Golden Lakes is centrally located, you'd be close to restaurants and entertainment, as well as the beach,downtown WPB(rosemary square) and both I-95 & the Turnpike. Additionally, If you are a Hippocrates Wellness Center Alumni, this unit is perfect for a retreat visit at any time you wish! Golden Lakes is conveniently close to the wellness center, it makes this condo a very wise purchase.
-
2023-09-08price $119,000 1295-char remark
Show marketing remark (1295 chars)
MOTIVATED SELLLER!!!! This beautiful ground floor condo will make a perfect Florida home and keep within budget. As you enter your home, the garden & water view will greet you. Then you will see a spacious living & dining area, a kitchen large enough for a breakfast nook or coffee corner, a large master suite w/walk-in closet, a storage closet and a new screen enclosure on a very lovely patio with a serene,private back yard. Parking space is right in front of your unit! Golden Lakes is resort style living! Two beautiful,expansive clubhouses and a satellite pool steps from your door! Amenities: tennis,pickle ball, shuffleboard, billiards, a library, card/game room,a cafe, pingpong,bus shuttle service,community parties & more! Hurry! Come see this unit and make an offer! --click more-- Water,Cable & internet included. Complete accordion hurricane shutters for your unit. Golden Lakes is centrally located, you'd be close to restaurants and entertainment, as well as the beach,downtown WPB(rosemary square) and both I-95 & the Turnpike. Additionally, If you are a Hippocrates Wellness Center Alumni, this unit is perfect for a retreat visit at any time you wish! Golden Lakes is conveniently close to the wellness center, it makes this condo a very wise purchase.
-
2023-07-08$125,000 Active 1295-char remark
Show marketing remark (1295 chars)
MOTIVATED SELLLER!!!! This beautiful ground floor condo will make a perfect Florida home and keep within budget. As you enter your home, the garden & water view will greet you. Then you will see a spacious living & dining area, a kitchen large enough for a breakfast nook or coffee corner, a large master suite w/walk-in closet, a storage closet and a new screen enclosure on a very lovely patio with a serene,private back yard. Parking space is right in front of your unit! Golden Lakes is resort style living! Two beautiful,expansive clubhouses and a satellite pool steps from your door! Amenities: tennis,pickle ball, shuffleboard, billiards, a library, card/game room,a cafe, pingpong,bus shuttle service,community parties & more! Hurry! Come see this unit and make an offer! --click more-- Water,Cable & internet included. Complete accordion hurricane shutters for your unit. Golden Lakes is centrally located, you'd be close to restaurants and entertainment, as well as the beach,downtown WPB(rosemary square) and both I-95 & the Turnpike. Additionally, If you are a Hippocrates Wellness Center Alumni, this unit is perfect for a retreat visit at any time you wish! Golden Lakes is conveniently close to the wellness center, it makes this condo a very wise purchase.
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2004-08-25soldstatus $62,000
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2004-08-24soldstatus $62,000 155-char remark
Show marketing remark (155 chars)
VERY NICE CLEAN, BRIGHT LAKEVIEW - UNFURNISHED GROUND FLOOR HURRICANE SHUTTERS- WALK TO BEAUTIFUL POOL AND CLUBHSE - MAINT $55 HOA AND $ 143.59 CONDO ASSN.
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2004-07-29historical 155-char remark
Show marketing remark (155 chars)
VERY NICE CLEAN, BRIGHT LAKEVIEW - UNFURNISHED GROUND FLOOR HURRICANE SHUTTERS- WALK TO BEAUTIFUL POOL AND CLUBHSE - MAINT $55 HOA AND $ 143.59 CONDO ASSN.
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2004-07-14$69,900 155-char remark
Show marketing remark (155 chars)
VERY NICE CLEAN, BRIGHT LAKEVIEW - UNFURNISHED GROUND FLOOR HURRICANE SHUTTERS- WALK TO BEAUTIFUL POOL AND CLUBHSE - MAINT $55 HOA AND $ 143.59 CONDO ASSN.
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1993-09-03soldstatus $27,000
ⓘ 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
- $1,948 · $162/mo
- Projected year-2 tax
- $1,948 · $162/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ 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 5/10 Major
- Heat 10/10 Extreme 7 d/yr ≥106°F today · 25 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $21,371
- − Mortgage interest
- −$5,546
- − Property taxes
- −$1,948
- − Insurance
- −$495
- − Repairs & maintenance
- −$1,710
- − Management
- −$1,710
- − HOA
- −$7,608
- − Depreciation
- −$2,880
- Taxable loss
- −$525
- Est. tax savings @ 24.0%
- +$126
- After-tax cash flow
- $728/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 — West Palm Beach
- Score
- 82/100
- State rank
- #75
- US rank
- #1255
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- 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
- 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 |
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| Insurance | 2 | $17B |
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| Retail | 1 | $60B |
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| Technology Distribution | 1 | $58B |
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| Homebuilding | 1 | $35B |
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| Technology Manufacturing | 1 | $35B |
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Price history
+288.9% since first listed16 events — show timeline
- 2026-05-04 Price Changed $105,000 Beaches MLS
- 2026-04-07 Price Changed $110,000 Beaches MLS
- 2026-03-24 Price Changed $115,000 Beaches MLS
- 2026-02-12 Price Changed $118,000 Beaches MLS
- 2025-11-05 Price Changed $124,500 Beaches MLS
- 2025-09-04 Listed $125,000 Beaches MLS
- 2023-12-27 Sold (Public Records) $101,000 Public Records
- 2023-12-14 Sold (MLS) $101,000 Beaches MLS
- 2023-09-28 Contingent — Beaches MLS
- 2023-09-08 Price Changed $119,000 Beaches MLS
- 2023-07-08 Listed $125,000 Beaches MLS
- 2004-08-25 Sold (Public Records) $62,000 Public Records
- 2004-08-24 Sold (MLS) $62,000 Beaches MLS
- 2004-07-29 Listing Removed — Beaches MLS
- 2004-07-14 Listed $69,900 Beaches MLS
- 1993-09-03 Sold (Public Records) $27,000 Public Records
Property tax history
+18.1%/yrLatest (2025): $1,948 · -3.6% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…