13950 Via Flora Unit B · Delray Beach, FL 33484

$185,000

2 bd · 2.0 ba · 1,064 sqft · Condo public records · 102 Days on market

Built 1974 $580/mo HOA · 24% of rent

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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 +18.8/30.0
• 1% rule +8.2/10.0
• ARV discount +7.5/15.0
• DSCR +5.9/10.0
• 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

Beautiful and spacious 55+ condo. Ground floor so no stairs and it has its own paver patio with expansive views of the grounds and Villa Delray golf course beyond. Two bedrooms, each with its own full bath and walk-in closet. The kitchen was updated with white shaker cabinets and granite countertops. Newer tile throughout. Washer and Dryer in the unit. It has it all.

Key facts

• Upgraded kitchen
• Ground-floor condo
• Serene green space

Tags

• GROUND-FLOOR CONDO
• PRIVATE PAVER PATIO
• SERENE GREEN SPACE
• UPGRADED KITCHEN
• WHITE SHAKER CABINETRY
• GRANITE COUNTERTOPS

Property features AI

Finance

• HOA & community: Monthly HOA fee; Community is a senior community; Community amenities include clubhouse, golf course, picnic area, pool, and spa/hot tub; HOA covers grounds and structure maintenance, sewer, trash, water, and pool service

Exterior

• Parking: Assigned parking; Guest parking
• Utilities: Water service included in HOA; Sewer included in HOA; Electric service available
• Home design: Condominium; Resale condition; 2-story building; Entry on first floor
• Construction: Block/CBS construction
• Exterior features: Patio; Not waterfront

Interior

• Kitchen: Disposal; Dishwasher; Electric range; Microwave
• Bedrooms: 2 bedrooms on the main level
• Flooring: Ceramic tile; Tile
• Bathrooms: 2 full bathrooms (main level)
• Heating & cooling: Central electric heating; Central air conditioning; Ceiling fans
• Interior features: Built-in features; Kitchen island; Walk-in closets

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $185k.

Deal economics

• At list price, monthly cash flow is $188 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $185k).
• Recommended offer: $168k (9.0% below list) — sets the bar for market timing.
• Cap rate 7.5% 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); 541 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).
• At $2,435/mo this rent would consume 47% of the median local household income ($62k/yr) (locally 991% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k 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.

Negotiation context

• It's been on market 102 days — a 9% lower offer ($168k) is reasonable based on typical stale-listing flexibility.
• 5 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.

Risks & watch-outs

• Watch-outs: HOA is 24% of rent.
• 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 $168,350 (9.0% below list)

Questions for the listing agent

1. It's been on market 102 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. 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?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
8. 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?
9. 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.
10. 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.
11. 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: 1.32% ✓
• Cap rate: 7.51%
• Cash-on-cash: 4.34%
• DSCR: 1.19
• GRM: 6.3

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: -7.5%
• Equity multiple: 0.72×
• Total profit: $-14,540
• Equity at exit: $27,584

10-year hold

• IRR: 4.3%
• Equity multiple: 1.34×
• Total profit: $17,386
• Equity at exit: $15,995

Cash invested: $51,800 (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: 541
• Price-to-rent: 6.3×

Monthly cashflow live

• Estimated rent: $2,435 high
• Mortgage (P&I): −$970
• Tax from tax record: −$109 /mo · $1,302/yr
• Insurance: −$77
• HOA: −$580
• Vacancy / Maint / Mgmt: −$511
• Net cashflow: $188

Break-even live

Break-even rent $2,197

Max offer price $185,000

Occupancy floor 87%

Sensitivity live

Price	-10% $292	-5% $240	+0% $188	+5% $135	+10% $83
Rent	-10% $-5	-5% $91	+0% $188	+5% $284	+10% $380
Rate	-1.0pp $281	-0.5pp $235	base $188	+0.5pp $140	+1.0pp $91

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: $46,250
• Closing costs: $5,550
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
13886 Via Flora Unit A Delray Beach, FL	2.0	2.0	1097	$2,075	$1.89	25d	1	0.01mi
13776 Hero Path Delray Beach, FL	3.0	2.0	1319	$3,400	$2.58	25d	1	0.07mi
13916 Via Flora Unit F Delray Beach, FL	2.0	2.0	989	$3,000	$3.03	25d	1	0.08mi
13787 Flora Pl Unit A Delray Beach, FL	2.0	2.0	1097	$2,500	$2.28	25d	1	0.10mi
13731 Flora Pl Unit A Delray Beach, FL	2.0	2.0	1097	$1,850	$1.69	25d	1	0.17mi
13721 Flora Pl Unit D Delray Beach, FL	2.0	2.0	1097	$1,850	$1.69	25d	1	0.20mi
13721 Flora Pl Unit D Delray Beach, FL	2.0	2.0	1097	$1,900	$1.73	6d	1	0.20mi
13741 Flora Pl Unit B Delray Beach, FL	2.0	2.0	989	$2,100	$2.12	23d	1	0.20mi
13657 Night Sky Pl Delray Beach, FL	2.0	2.0	1319	$3,200	$2.43	8d	1	0.24mi
14050 Pacific Point Pl Delray Beach, FL	1.0–3.0	1.0–2.0	1033	$2,682	$2.60	0d	29	0.24mi
13682 Via Flora Unit H Delray Beach, FL	2.0	2.0	1097	$1,900	$1.73	25d	1	0.25mi
13653 Jubilee Ln Delray Beach, FL	3.0	2.0	1305	$3,450	$2.64	15d	1	0.29mi
13670 Via Flora Delray Beach, FL	2.0	2.0	1021	$1,400	$1.37	25d	1	0.29mi
13670 Via Flora Delray Beach, FL	2.0	2.0	1021	$1,400	$1.37	17d	1	0.29mi
5550 Nepsa Way Delray Beach, FL	1.0–3.0	1.0–2.0	1035	$2,744	$2.65	0d	11	0.34mi
6038 Lasalle Rd Delray Beach, FL	2.0	2.0	1475	$2,100	$1.42	6d	1	0.36mi
14139 Nesting Way Unit A Delray Beach, FL	2.0	2.0	1255	$2,000	$1.59	0d	1	0.39mi
5655 Via Delray Delray Beach, FL	2.0	2.0	1205	$2,200	$1.83	25d	1	0.41mi
5675 Queen Palm Ct Delray Beach, FL	2.0	2.0	1200	$2,600	$2.17	25d	1	0.41mi
5908 Via Delray Blvd Delray Beach, FL	2.0	2.0	1221	$2,000	$1.64	25d	1	0.41mi
5462 Via Delray #123 Delray Beach, FL	2.0	2.0	1200	$2,700	$2.25	21d	1	0.43mi
5349 Lakefront Blvd Unit B Delray Beach, FL	1.0	2.0	1068	$1,800	$1.69	25d	1	0.44mi
14040 Nesting Way Unit B Delray Beach, FL	1.0	2.0	1092	$1,700	$1.56	25d	1	0.44mi
13990 Nesting Way Unit C Delray Beach, FL	1.0	2.0	1092	$2,300	$2.11	25d	1	0.46mi
13759 Date Palm Ct Unit A Delray Beach, FL	2.0	2.0	1247	$3,500	$2.81	25d	1	0.46mi
14111 Royal Vista Dr #404 Delray Beach, FL	2.0	2.0	1392	$3,200	$2.30	25d	1	0.50mi
13431 Amber Waves Ave Delray Beach, FL	2.0	2.0	1390	$3,500	$2.52	25d	1	0.52mi
5061 Nesting Way Unit D Delray Beach, FL	2.0	2.0	1255	$2,400	$1.91	25d	1	0.54mi
14425 Amapola Way Delray Beach, FL	2.0	2.0	1406	$2,800	$1.99	6d	1	0.59mi
5200 Privet Pl Unit C Delray Beach, FL	2.0	2.0	1457	$1,850	$1.27	25d	1	0.60mi
14464 Campanelli Dr Delray Beach, FL	2.0	2.0	1296	$2,950	$2.28	25d	1	0.64mi
13283 Pineapple Palm Ct Unit F Delray Beach, FL	2.0	2.0	1198	$2,100	$1.75	8d	1	0.65mi
13283 Pineapple Palm Ct Unit F Delray Beach, FL	2.0	2.0	1198	$2,100	$1.75	25d	1	0.65mi
13419 Noble Dr Delray Beach, FL	2.0	2.0	1410	$3,600	$2.55	18d	1	0.70mi
5260 Grande Palm Cir Delray Beach, FL	3.0	2.0	1464	$2,800	$1.91	25d	1	0.70mi
5169 Lakefront Blvd Unit D Delray Beach, FL	2.0	2.0	1186	$2,300	$1.94	25d	1	0.73mi
13817 Royal Palm Ct Unit B Delray Beach, FL	2.0	2.0	1205	$3,200	$2.66	25d	1	0.73mi
5093 Privet Pl Unit A-1 Delray Beach, FL	2.0	2.0	1220	$2,350	$1.93	25d	1	0.74mi
6096 Kings Gate Cir Delray Beach, FL	2.0	2.0	1311	$2,500	$1.91	25d	1	0.74mi
14629 Canalview Dr Unit C Delray Beach, FL	1.0	2.0	1068	$1,600	$1.50	25d	1	0.75mi

HOA detail condo

• Monthly dues: $580 · $6,960/yr
• Likely covers: landscaping
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 35 events

1. 2026-06-21
   days on market $185,000 Active 102 DOM
2. 2026-06-18
   days on market $185,000 Active 99 DOM
3. 2026-06-17
   days on market $185,000 Active 98 DOM
4. 2026-06-16
   days on market $185,000 Active 97 DOM
5. 2026-06-15
   days on market $185,000 Active 96 DOM
6. 2026-06-13
   days on market $185,000 Active 94 DOM
7. 2026-06-09
   days on market $185,000 Active 90 DOM
8. 2026-06-08
   days on market $185,000 Active 89 DOM
9. 2026-06-07
   days on market $185,000 Active 88 DOM
10. 2026-06-04
    days on market $185,000 Active 85 DOM
11. 2026-06-03
    days on market $185,000 Active 84 DOM
12. 2026-06-02
    remarks 699-char remark
13. 2026-06-02
    days on market $185,000 Active 83 DOM
14. 2026-06-01
    days on market $185,000 Active 82 DOM
15. 2026-05-31
    days on market $185,000 Active 81 DOM
16. 2025-12-27
    listed $185,000 Active
17. 2022-04-08
    soldstatus $215,000
18. 2022-04-05
    soldstatus $215,000 Closed 372-char remark

    Show marketing remark (372 chars)

    Beautiful and spacious 55+ condo. Ground floor so no stairs and it has its own paver patio with expansive views of the grounds and Villa Delray golf course beyond. Two bedrooms, each with its own full bath and walk-in closet. The kitchen was updated with white shaker cabinets and granite countertops. Newer tile throughout. Washer and Dryer in the unit. It has it all.

19. 2022-03-07
    status Pending 372-char remark

    Show marketing remark (372 chars)

    Beautiful and spacious 55+ condo. Ground floor so no stairs and it has its own paver patio with expansive views of the grounds and Villa Delray golf course beyond. Two bedrooms, each with its own full bath and walk-in closet. The kitchen was updated with white shaker cabinets and granite countertops. Newer tile throughout. Washer and Dryer in the unit. It has it all.

20. 2022-03-04
    price $210,000 372-char remark

    Show marketing remark (372 chars)

    Beautiful and spacious 55+ condo. Ground floor so no stairs and it has its own paver patio with expansive views of the grounds and Villa Delray golf course beyond. Two bedrooms, each with its own full bath and walk-in closet. The kitchen was updated with white shaker cabinets and granite countertops. Newer tile throughout. Washer and Dryer in the unit. It has it all.

21. 2022-03-03
    listed $200,000 Active 372-char remark

    Show marketing remark (372 chars)

    Beautiful and spacious 55+ condo. Ground floor so no stairs and it has its own paver patio with expansive views of the grounds and Villa Delray golf course beyond. Two bedrooms, each with its own full bath and walk-in closet. The kitchen was updated with white shaker cabinets and granite countertops. Newer tile throughout. Washer and Dryer in the unit. It has it all.

22. 2015-07-17
    soldstatus $85,000
23. 2015-07-10
    soldstatus $85,000 Closed 625-char remark

    Show marketing remark (625 chars)

    Make this ground floor unit your new home year round or season. Great space, newer fridge, H/W heater and oven, pass thru to D/R, full sized W/ D, additional living space off L/R, custom D/R mirrors, partial golf course view, storage closet, walk-in master closet. Make lots of new friends at this very friendly, sociable community. Lots of clubs to join and awesome tennis program with 9 Har Tru courts. 7 miles to downtown Delray with its famed beaches, restaurants and nightlife. 20 minutes to Boca, 30 minutes to WPB and 3 hrs. to Disney. Something for everyone! Start living the Florida lifestyle at an affordable price.

24. 2015-06-11
    historical Active Under Contract 625-char remark

    Show marketing remark (625 chars)

    Make this ground floor unit your new home year round or season. Great space, newer fridge, H/W heater and oven, pass thru to D/R, full sized W/ D, additional living space off L/R, custom D/R mirrors, partial golf course view, storage closet, walk-in master closet. Make lots of new friends at this very friendly, sociable community. Lots of clubs to join and awesome tennis program with 9 Har Tru courts. 7 miles to downtown Delray with its famed beaches, restaurants and nightlife. 20 minutes to Boca, 30 minutes to WPB and 3 hrs. to Disney. Something for everyone! Start living the Florida lifestyle at an affordable price.

25. 2015-06-08
    price $87,500 625-char remark

    Show marketing remark (625 chars)

    Make this ground floor unit your new home year round or season. Great space, newer fridge, H/W heater and oven, pass thru to D/R, full sized W/ D, additional living space off L/R, custom D/R mirrors, partial golf course view, storage closet, walk-in master closet. Make lots of new friends at this very friendly, sociable community. Lots of clubs to join and awesome tennis program with 9 Har Tru courts. 7 miles to downtown Delray with its famed beaches, restaurants and nightlife. 20 minutes to Boca, 30 minutes to WPB and 3 hrs. to Disney. Something for everyone! Start living the Florida lifestyle at an affordable price.

26. 2015-05-24
    status Active 625-char remark

    Show marketing remark (625 chars)

    Make this ground floor unit your new home year round or season. Great space, newer fridge, H/W heater and oven, pass thru to D/R, full sized W/ D, additional living space off L/R, custom D/R mirrors, partial golf course view, storage closet, walk-in master closet. Make lots of new friends at this very friendly, sociable community. Lots of clubs to join and awesome tennis program with 9 Har Tru courts. 7 miles to downtown Delray with its famed beaches, restaurants and nightlife. 20 minutes to Boca, 30 minutes to WPB and 3 hrs. to Disney. Something for everyone! Start living the Florida lifestyle at an affordable price.

27. 2015-05-16
    historical 625-char remark

    Show marketing remark (625 chars)

    Make this ground floor unit your new home year round or season. Great space, newer fridge, H/W heater and oven, pass thru to D/R, full sized W/ D, additional living space off L/R, custom D/R mirrors, partial golf course view, storage closet, walk-in master closet. Make lots of new friends at this very friendly, sociable community. Lots of clubs to join and awesome tennis program with 9 Har Tru courts. 7 miles to downtown Delray with its famed beaches, restaurants and nightlife. 20 minutes to Boca, 30 minutes to WPB and 3 hrs. to Disney. Something for everyone! Start living the Florida lifestyle at an affordable price.

28. 2015-05-11
    historical Active Under Contract 625-char remark

    Show marketing remark (625 chars)

    Make this ground floor unit your new home year round or season. Great space, newer fridge, H/W heater and oven, pass thru to D/R, full sized W/ D, additional living space off L/R, custom D/R mirrors, partial golf course view, storage closet, walk-in master closet. Make lots of new friends at this very friendly, sociable community. Lots of clubs to join and awesome tennis program with 9 Har Tru courts. 7 miles to downtown Delray with its famed beaches, restaurants and nightlife. 20 minutes to Boca, 30 minutes to WPB and 3 hrs. to Disney. Something for everyone! Start living the Florida lifestyle at an affordable price.

29. 2015-04-29
    status Active 625-char remark

    Show marketing remark (625 chars)

    Make this ground floor unit your new home year round or season. Great space, newer fridge, H/W heater and oven, pass thru to D/R, full sized W/ D, additional living space off L/R, custom D/R mirrors, partial golf course view, storage closet, walk-in master closet. Make lots of new friends at this very friendly, sociable community. Lots of clubs to join and awesome tennis program with 9 Har Tru courts. 7 miles to downtown Delray with its famed beaches, restaurants and nightlife. 20 minutes to Boca, 30 minutes to WPB and 3 hrs. to Disney. Something for everyone! Start living the Florida lifestyle at an affordable price.

30. 2015-04-28
    status Pending 625-char remark

    Show marketing remark (625 chars)

    Make this ground floor unit your new home year round or season. Great space, newer fridge, H/W heater and oven, pass thru to D/R, full sized W/ D, additional living space off L/R, custom D/R mirrors, partial golf course view, storage closet, walk-in master closet. Make lots of new friends at this very friendly, sociable community. Lots of clubs to join and awesome tennis program with 9 Har Tru courts. 7 miles to downtown Delray with its famed beaches, restaurants and nightlife. 20 minutes to Boca, 30 minutes to WPB and 3 hrs. to Disney. Something for everyone! Start living the Florida lifestyle at an affordable price.

31. 2015-04-13
    price $89,900 625-char remark

    Show marketing remark (625 chars)

    Make this ground floor unit your new home year round or season. Great space, newer fridge, H/W heater and oven, pass thru to D/R, full sized W/ D, additional living space off L/R, custom D/R mirrors, partial golf course view, storage closet, walk-in master closet. Make lots of new friends at this very friendly, sociable community. Lots of clubs to join and awesome tennis program with 9 Har Tru courts. 7 miles to downtown Delray with its famed beaches, restaurants and nightlife. 20 minutes to Boca, 30 minutes to WPB and 3 hrs. to Disney. Something for everyone! Start living the Florida lifestyle at an affordable price.

32. 2015-03-22
    listed $92,900 Active 625-char remark

    Show marketing remark (625 chars)

    Make this ground floor unit your new home year round or season. Great space, newer fridge, H/W heater and oven, pass thru to D/R, full sized W/ D, additional living space off L/R, custom D/R mirrors, partial golf course view, storage closet, walk-in master closet. Make lots of new friends at this very friendly, sociable community. Lots of clubs to join and awesome tennis program with 9 Har Tru courts. 7 miles to downtown Delray with its famed beaches, restaurants and nightlife. 20 minutes to Boca, 30 minutes to WPB and 3 hrs. to Disney. Something for everyone! Start living the Florida lifestyle at an affordable price.

33. 2004-09-24
    soldstatus $104,000
34. 1997-09-19
    soldstatus $49,000
35. 1991-06-27
    soldstatus $42,000

ⓘ 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: $1,302 · $109/mo
• Projected year-2 tax: $1,536 · $128/mo
• Expected delta: +$233/yr (+$19/mo · 17.9%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (unshaded) · 22% 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: $29,215
• − Mortgage interest: −$10,363
• − Property taxes: −$1,302
• − Insurance: −$925
• − Repairs & maintenance: −$2,337
• − Management: −$2,337
• − HOA: −$6,960
• − Depreciation: −$5,382
• Taxable loss: −$391
• Est. tax savings @ 24.0%: +$94
• After-tax cash flow: $2,345/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

+340.5% since first listed

20 events — show timeline

• 2025-12-27 Listed $185,000 Beaches MLS
• 2022-04-08 Sold (Public Records) $215,000 Public Records
• 2022-04-05 Sold (MLS) $215,000 Beaches MLS
• 2022-03-07 Pending — Beaches MLS
• 2022-03-04 Price Changed $210,000 Beaches MLS
• 2022-03-03 Listed $200,000 Beaches MLS
• 2015-07-17 Sold (Public Records) $85,000 Public Records
• 2015-07-10 Sold (MLS) $85,000 Beaches MLS
• 2015-06-11 Contingent — Beaches MLS
• 2015-06-08 Price Changed $87,500 Beaches MLS
• 2015-05-24 Relisted — Beaches MLS
• 2015-05-16 Listing Removed — Beaches MLS
• 2015-05-11 Contingent — Beaches MLS
• 2015-04-29 Relisted — Beaches MLS
• 2015-04-28 Pending — Beaches MLS
• 2015-04-13 Price Changed $89,900 Beaches MLS
• 2015-03-22 Listed $92,900 Beaches MLS
• 2004-09-24 Sold (Public Records) $104,000 Public Records
• 1997-09-19 Sold (Public Records) $49,000 Public Records
• 1991-06-27 Sold (Public Records) $42,000 Public Records

Property tax history

+9.0%/yr

Latest (2025): $1,302 · +4.0% YoY. Source: county tax records.