5876 Regal Glen Dr #108 · Delray Beach, FL 33437

$234,500

3 bd · 2.0 ba · 1,813 sqft · Condo public records · 78 Days on market

Built 1995 $361/mo HOA · 10% 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 +29.2/30.0
• DSCR +10.0/10.0
• 1% rule +9.7/10.0
• ARV discount +7.5/15.0
• Appreciation +4.9/10.0
• 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

Beautiful first floor unit that feels like your own home. 2 bedrooms plus den , very open , bright floor plan. Tile throughout entire unit with new beautiful tile in bedrooms . Eat in kitchen, white cabinets, neutral decor throughout . Separate laundry room in unit. Enclosed Florida room with peaceful view of greenery and canal. Very private and quiet location , easy access in and out of unit. Coral Lakes offers world class amenities that include a beautiful clubhouse, theater, cafe, fitness center , card rooms, resort style pool, indoor pool, steam room and tennis Lots of classes and great activities to choose from. Capital contribution at time of closing aprox. $2386.00

Key facts

• All-tile flooring
• Parking space
• Ground-floor condo

Tags

• GROUND-FLOOR CONDO
• GARDEN AND WATER VIEWS
• WHOLE-HOUSE FILTRATION SYSTEM
• ALL-TILE FLOORING
• PARKING SPACE
• PICKLEBALL AND TENNIS COURTS

Property features AI

Finance

• Other: Community of 1,372 units
• Financial info: Senior community; Pets allowed (cats and dogs; pet restrictions possible)
• HOA & community: Association with extensive amenities including clubhouse, fitness center, indoor pool, heated pool, spa/hot tub, sauna, tennis and pickleball courts, billiard and game rooms, library, business center, cafe/restaurant, workshop and hobby rooms, community room, lobby, trash chute, management and on-site manager, security, gated access, maintained community, street lights, parking, elevator(s), and recreation facilities; Monthly HOA fee (approximately 1,084) covering cable TV, insurance, internet, grounds maintenance, pest control, security, sewer, trash, water, common areas, elevator, legal/accounting, reserve funds, roof repairs, recreation facility and pool service

Exterior

• Parking: Assigned parking plus guest parking (1 total parking space); No carport
• Security: Gated community (no guard)
• Utilities: Public water; Public sewer; Three-phase electric service available; Cable available
• Home design: Condominium; One level; West-facing
• Construction: Stucco and CBS construction; Concrete and tile roof; 2-story building (unit in a multi-story building)
• Exterior features: Waterfront property

Interior

• Kitchen: Dishwasher; Electric range; Microwave; Refrigerator; Freezer; Disposal; Owned water purifier
• Bedrooms: 3 bedrooms on the main level
• Flooring: Ceramic tile
• Bathrooms: 2 full bathrooms on the main level
• Heating & cooling: Central electric heating; Central air conditioning; Ceiling fan(s); Individual central cooling (electric)
• Interior features: Built-in features; High ceilings; Walk-in closet(s); Split bedroom layout; Roman tub
• Laundry & utility: In-unit laundry (laundry closet/laundry room) with laundry tub; Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath condo listed at $234k.

Deal economics

• At list price, monthly cash flow is $816 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $234k).
• Recommended offer: $220k (6.0% below list) — sets the bar for market timing.
• Cap rate 10.5% 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); 479 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 $3,441/mo this rent would consume 51% 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 + $-567 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.
• At projected returns (-0.2% appreciation + 1.3% rent growth), your $66k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 78 days — a 6% lower offer ($220k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 14y 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.

Risks & watch-outs

• 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 $220,430 (6.0% below list)

Questions for the listing agent

1. It's been on market 78 days. Have you received any prior offers? Is the seller open to a 6% 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: 1.47% ✓
• Cap rate: 10.47%
• Cash-on-cash: 14.91%
• DSCR: 1.66
• GRM: 5.7

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: 12.1%
• Equity multiple: 1.56×
• Total profit: $36,816
• Equity at exit: $65,271

10-year hold

• IRR: 15.8%
• Equity multiple: 2.59×
• Total profit: $104,469
• Equity at exit: $76,243

Cash invested: $65,660 (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: 479
• Price-to-rent: 5.7×

Monthly cashflow live

• Estimated rent: $3,441 high
• Mortgage (P&I): −$1,230
• Tax from tax record: −$214 /mo · $2,569/yr
• Insurance: −$98
• HOA: −$361
• Vacancy / Maint / Mgmt: −$723
• Net cashflow: $816

Break-even live

Break-even rent $2,408

Max offer price $234,500

Occupancy floor 71%

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: $58,625
• Closing costs: $7,035
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5952 Regal Glen Dr #103 Boynton Beach, FL	3.0	2.0	1813	$2,550	$1.41	24d	1	0.12mi
5574 Royal Lake Cir Boynton Beach, FL	3.0	2.0	1658	$5,000	$3.02	15d	1	0.30mi
12547 Imperial Isle Dr Boynton Beach, FL	2.0–3.0	2.0	1500	$4,500	$3.00	24d	2	0.36mi
13404 Brotherhood Way Delray Beach, FL	4.0	3.0	2509	$6,950	$2.77	22d	1	0.46mi
13297 Via Vulcanus Unit B Delray Beach, FL	2.0	2.0	1527	$3,000	$1.96	7d	1	0.46mi
12932 Anthorne Ln Boynton Beach, FL	4.0	3.5	2008	$3,750	$1.87	20d	1	0.48mi
13431 Amber Waves Ave Delray Beach, FL	2.0	2.0	1390	$3,500	$2.52	24d	1	0.49mi
12390 Summer Springs Dr Boynton Beach, FL	3.0	2.0	1861	$3,300	$1.77	24d	1	0.54mi
5449 Grande Palm Cir Delray Beach, FL	3.0	2.5	1618	$4,000	$2.47	24d	1	0.60mi
5449 Grande Palm Cir Delray Beach, FL	3.0	2.5	1618	$4,000	$2.47	17d	1	0.60mi
13255 Royale Sabal Ct Delray Beach, FL	3.0	2.5	1618	$4,300	$2.66	24d	1	0.60mi
12654 Via Ravenna Boynton Beach, FL	3.0	2.0	1729	$3,500	$2.02	24d	1	0.61mi
13759 Date Palm Ct Unit A Delray Beach, FL	2.0	2.0	1247	$3,500	$2.81	24d	1	0.61mi
12299 Forest Greens Dr Boynton Beach, FL	2.0	2.0	1310	$2,450	$1.87	17d	1	0.64mi
5335 Vernio Ln Boynton Beach, FL	3.0	2.0	1798	$3,700	$2.06	24d	1	0.65mi
13653 Jubilee Ln Delray Beach, FL	3.0	2.0	1305	$3,450	$2.64	14d	1	0.73mi
13657 Night Sky Pl Delray Beach, FL	2.0	2.0	1319	$3,200	$2.43	7d	1	0.76mi
5260 Grande Palm Cir Delray Beach, FL	3.0	2.0	1464	$2,800	$1.91	24d	1	0.80mi
6038 Lasalle Rd Delray Beach, FL	2.0	2.0	1475	$2,100	$1.42	5d	1	0.83mi
12118 Country Greens Blvd Boynton Beach, FL	3.0	2.0	1566	$3,000	$1.92	11d	1	0.84mi
13776 Hero Path Delray Beach, FL	3.0	2.0	1319	$3,400	$2.58	24d	1	0.91mi
6599 Old Farm Trl #6599 Boynton Beach, FL	3.0	2.5	1441	$3,000	$2.08	24d	1	0.91mi
13419 Noble Dr Delray Beach, FL	2.0	2.0	1410	$3,600	$2.55	17d	1	0.93mi
6633 Old Farm Trl Boynton Beach, FL	3.0	2.5	1441	$3,500	$2.43	24d	1	0.99mi
5750 Fairway Park Ct #101 Boynton Beach, FL	3.0	2.0	1426	$1,850	$1.30	24d	1	1.03mi
5200 Privet Pl Unit C Delray Beach, FL	2.0	2.0	1457	$1,850	$1.27	24d	1	1.04mi
1418 W Wickham Cir Unit B Delray Beach, FL	3.0	2.5	1316	$3,200	$2.43	17d	1	1.04mi
6685 Old Farm Trl Boynton Beach, FL	3.0	2.0	1361	$2,995	$2.20	24d	1	1.11mi
5061 Nesting Way Unit D Delray Beach, FL	2.0	2.0	1255	$2,400	$1.91	24d	1	1.17mi
6725 Old Farm Trl Boynton Beach, FL	3.0	2.5	1441	$3,000	$2.08	20d	1	1.20mi
11690 Briarwood Cir Boynton Beach, FL	3.0	2.0	1952	$3,400	$1.74	24d	1	1.21mi
4574 Danson Way Delray Beach, FL	3.0	2.5	1654	$3,300	$2.00	24d	1	1.21mi
14050 Pacific Point Pl Delray Beach, FL	1.0–3.0	1.0–2.0	1033	$3,180	$3.08	2d	22	1.21mi
14139 Nesting Way Unit A Delray Beach, FL	2.0	2.0	1255	$2,200	$1.75	12d	1	1.24mi
5550 Nepsa Way Delray Beach, FL	1.0–3.0	1.0–2.0	1035	$3,389	$3.27	1d	12	1.29mi
6812 Belmont Shore Dr Delray Beach, FL	3.0	2.5	2353	$4,250	$1.81	18d	1	1.31mi
14111 Royal Vista Dr #404 Delray Beach, FL	2.0	2.0	1392	$3,200	$2.30	24d	1	1.31mi
5256 Glenville Dr Boynton Beach, FL	3.0	2.0	2015	$5,000	$2.48	2d	1	1.34mi
11853 Fountainside Cir Boynton Beach, FL	3.0	3.5	2410	$3,800	$1.58	24d	1	1.35mi
1590 Verawood Ln Delray Beach, FL	3.0	2.5	2295	$4,400	$1.92	12d	1	1.36mi

HOA detail condo

• Monthly dues: $361 · $4,332/yr
• Likely covers: poolgym
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 35 events

1. 2026-06-18
   days on market $234,500 Active 78 DOM
2. 2026-06-17
   days on market $234,500 Active 77 DOM
3. 2026-06-16
   days on market $234,500 Active 76 DOM
4. 2026-06-15
   days on market $234,500 Active 75 DOM
5. 2026-06-13
   days on market $234,500 Active 73 DOM
6. 2026-06-09
   days on market $234,500 Active 69 DOM
7. 2026-06-08
   days on market $234,500 Active 68 DOM
8. 2026-06-07
   days on market $234,500 Active 67 DOM
9. 2026-06-04
   days on market $234,500 Active 64 DOM
10. 2026-06-03
    days on market $234,500 Active 63 DOM
11. 2026-06-02
    days on market $234,500 Active 62 DOM
12. 2026-06-01
    days on market $234,500 Active 61 DOM
13. 2026-05-31
    days on market $234,500 Active 60 DOM
14. 2026-03-28
    listed $234,500 Active
15. 2019-07-29
    soldstatus $205,000
16. 2019-07-15
    soldstatus $205,000 Closed 681-char remark

    Show marketing remark (681 chars)

    Beautiful first floor unit that feels like your own home. 2 bedrooms plus den , very open , bright floor plan. Tile throughout entire unit with new beautiful tile in bedrooms . Eat in kitchen, white cabinets, neutral decor throughout . Separate laundry room in unit. Enclosed Florida room with peaceful view of greenery and canal. Very private and quiet location , easy access in and out of unit. Coral Lakes offers world class amenities that include a beautiful clubhouse, theater, cafe, fitness center , card rooms, resort style pool, indoor pool, steam room and tennis Lots of classes and great activities to choose from. Capital contribution at time of closing aprox. $2386.00

17. 2019-06-19
    status Pending 681-char remark

    Show marketing remark (681 chars)

    Beautiful first floor unit that feels like your own home. 2 bedrooms plus den , very open , bright floor plan. Tile throughout entire unit with new beautiful tile in bedrooms . Eat in kitchen, white cabinets, neutral decor throughout . Separate laundry room in unit. Enclosed Florida room with peaceful view of greenery and canal. Very private and quiet location , easy access in and out of unit. Coral Lakes offers world class amenities that include a beautiful clubhouse, theater, cafe, fitness center , card rooms, resort style pool, indoor pool, steam room and tennis Lots of classes and great activities to choose from. Capital contribution at time of closing aprox. $2386.00

18. 2019-04-29
    price $209,000 681-char remark

    Show marketing remark (681 chars)

    Beautiful first floor unit that feels like your own home. 2 bedrooms plus den , very open , bright floor plan. Tile throughout entire unit with new beautiful tile in bedrooms . Eat in kitchen, white cabinets, neutral decor throughout . Separate laundry room in unit. Enclosed Florida room with peaceful view of greenery and canal. Very private and quiet location , easy access in and out of unit. Coral Lakes offers world class amenities that include a beautiful clubhouse, theater, cafe, fitness center , card rooms, resort style pool, indoor pool, steam room and tennis Lots of classes and great activities to choose from. Capital contribution at time of closing aprox. $2386.00

19. 2019-04-02
    status Active 681-char remark

    Show marketing remark (681 chars)

    Beautiful first floor unit that feels like your own home. 2 bedrooms plus den , very open , bright floor plan. Tile throughout entire unit with new beautiful tile in bedrooms . Eat in kitchen, white cabinets, neutral decor throughout . Separate laundry room in unit. Enclosed Florida room with peaceful view of greenery and canal. Very private and quiet location , easy access in and out of unit. Coral Lakes offers world class amenities that include a beautiful clubhouse, theater, cafe, fitness center , card rooms, resort style pool, indoor pool, steam room and tennis Lots of classes and great activities to choose from. Capital contribution at time of closing aprox. $2386.00

20. 2019-04-02
    historical 681-char remark

    Show marketing remark (681 chars)

    Beautiful first floor unit that feels like your own home. 2 bedrooms plus den , very open , bright floor plan. Tile throughout entire unit with new beautiful tile in bedrooms . Eat in kitchen, white cabinets, neutral decor throughout . Separate laundry room in unit. Enclosed Florida room with peaceful view of greenery and canal. Very private and quiet location , easy access in and out of unit. Coral Lakes offers world class amenities that include a beautiful clubhouse, theater, cafe, fitness center , card rooms, resort style pool, indoor pool, steam room and tennis Lots of classes and great activities to choose from. Capital contribution at time of closing aprox. $2386.00

21. 2019-02-16
    price $214,000 681-char remark

    Show marketing remark (681 chars)

    Beautiful first floor unit that feels like your own home. 2 bedrooms plus den , very open , bright floor plan. Tile throughout entire unit with new beautiful tile in bedrooms . Eat in kitchen, white cabinets, neutral decor throughout . Separate laundry room in unit. Enclosed Florida room with peaceful view of greenery and canal. Very private and quiet location , easy access in and out of unit. Coral Lakes offers world class amenities that include a beautiful clubhouse, theater, cafe, fitness center , card rooms, resort style pool, indoor pool, steam room and tennis Lots of classes and great activities to choose from. Capital contribution at time of closing aprox. $2386.00

22. 2018-10-15
    listed $219,900 Active 681-char remark

    Show marketing remark (681 chars)

    Beautiful first floor unit that feels like your own home. 2 bedrooms plus den , very open , bright floor plan. Tile throughout entire unit with new beautiful tile in bedrooms . Eat in kitchen, white cabinets, neutral decor throughout . Separate laundry room in unit. Enclosed Florida room with peaceful view of greenery and canal. Very private and quiet location , easy access in and out of unit. Coral Lakes offers world class amenities that include a beautiful clubhouse, theater, cafe, fitness center , card rooms, resort style pool, indoor pool, steam room and tennis Lots of classes and great activities to choose from. Capital contribution at time of closing aprox. $2386.00

23. 2017-09-15
    soldstatus $194,000
24. 2017-09-06
    soldstatus $194,000 Closed 810-char remark

    Show marketing remark (810 chars)

    Experience the active Florida lifestyle in this charming 2 bedroom, 2 bathroom condo with a stunning canal view.  Open 1,869 square foot floorplan with a spacious living area and a den. Eat-in kitchen features classic white cabinets, pantry, pass through to dining room and plenty of counter space. Large master retreat with a sitting area, double sinks, a Roman tub and a walk-in shower. Tons of storage and neutral tile complete this home. Take in the serene canal view from the Florida room. Coral Lakes offers world class amenities that include a clubhouse, theater, café, fitness center, card rooms, resort style pool, indoor pool, steam room, and tennis. There are numerous classes, clubs and actives to choose from.  Enjoy all that Coral Lakes has to offer without the county club fees.

25. 2017-08-30
    status Pending 810-char remark

    Show marketing remark (810 chars)

    Experience the active Florida lifestyle in this charming 2 bedroom, 2 bathroom condo with a stunning canal view.  Open 1,869 square foot floorplan with a spacious living area and a den. Eat-in kitchen features classic white cabinets, pantry, pass through to dining room and plenty of counter space. Large master retreat with a sitting area, double sinks, a Roman tub and a walk-in shower. Tons of storage and neutral tile complete this home. Take in the serene canal view from the Florida room. Coral Lakes offers world class amenities that include a clubhouse, theater, café, fitness center, card rooms, resort style pool, indoor pool, steam room, and tennis. There are numerous classes, clubs and actives to choose from.  Enjoy all that Coral Lakes has to offer without the county club fees.

26. 2017-06-27
    listed $200,000 Active 810-char remark

    Show marketing remark (810 chars)

    Experience the active Florida lifestyle in this charming 2 bedroom, 2 bathroom condo with a stunning canal view.  Open 1,869 square foot floorplan with a spacious living area and a den. Eat-in kitchen features classic white cabinets, pantry, pass through to dining room and plenty of counter space. Large master retreat with a sitting area, double sinks, a Roman tub and a walk-in shower. Tons of storage and neutral tile complete this home. Take in the serene canal view from the Florida room. Coral Lakes offers world class amenities that include a clubhouse, theater, café, fitness center, card rooms, resort style pool, indoor pool, steam room, and tennis. There are numerous classes, clubs and actives to choose from.  Enjoy all that Coral Lakes has to offer without the county club fees.

27. 2017-02-26
    historical
28. 2017-02-14
    price $185,000
29. 2016-12-13
    listed $210,000 Active
30. 2014-03-18
    historical
31. 2013-09-07
    status Pending
32. 2013-05-31
    price $155,000 Price Change
33. 2012-10-18
    listed $175,000 Back On Market
34. 2003-04-07
    soldstatus $182,500
35. 1997-05-02
    soldstatus $121,000

ⓘ 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: $2,569 · $214/mo
• Projected year-2 tax: $2,569 · $214/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 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: $41,291
• − Mortgage interest: −$13,136
• − Property taxes: −$2,569
• − Insurance: −$1,172
• − Repairs & maintenance: −$3,303
• − Management: −$3,303
• − HOA: −$4,332
• − Depreciation: −$6,822
• Taxable income: $6,653
• Est. tax owed @ 24.0%: −$1,597
• After-tax cash flow: $8,192/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

+93.8% since first listed

22 events — show timeline

• 2026-03-28 Listed $234,500 Beaches MLS
• 2019-07-29 Sold (Public Records) $205,000 Public Records
• 2019-07-15 Sold (MLS) $205,000 Beaches MLS
• 2019-06-19 Pending — Beaches MLS
• 2019-04-29 Price Changed $209,000 Beaches MLS
• 2019-04-02 Relisted — Beaches MLS
• 2019-04-02 Listing Removed — Beaches MLS
• 2019-02-16 Price Changed $214,000 Beaches MLS
• 2018-10-15 Listed $219,900 Beaches MLS
• 2017-09-15 Sold (Public Records) $194,000 Public Records
• 2017-09-06 Sold (MLS) $194,000 Beaches MLS
• 2017-08-30 Pending — Beaches MLS
• 2017-06-27 Listed $200,000 Beaches MLS
• 2017-02-26 Listing Removed — Beaches MLS
• 2017-02-14 Price Changed $185,000 Beaches MLS
• 2016-12-13 Listed $210,000 Beaches MLS
• 2014-03-18 Listing Removed — Beaches MLS
• 2013-09-07 Pending — Beaches MLS
• 2013-05-31 Price Changed $155,000 Beaches MLS
• 2012-10-18 Listed $175,000 Beaches MLS
• 2003-04-07 Sold (Public Records) $182,500 Public Records
• 1997-05-02 Sold (Public Records) $121,000 Public Records

Property tax history

-0.8%/yr

Latest (2025): $2,569 · +3.4% YoY. Source: county tax records.