2851 S Ocean Blvd Unit F-6 · Boca Raton, FL
Flood risk 3/10 · Minor
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.06%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- 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
- 28 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
- 1 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the F 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).
- ARV discount +7.5/15.0
- Schools +5.7/10.0
- 1% rule +5.1/10.0
- Cash flow +4.1/30.0
- Livability +3.9/5.0
- Condition / age +3.8/5.0
- Rent growth +3.6/5.0
- DSCR +0.0/10.0
- Appreciation +0.0/10.0
$349,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Stunning condominium in beautiful Boca Raton at the Patrician Condominium. This is a fantastic opportunity to own a resort-style residence ideally situated across from the Boca Raton & Deerfield beaches. Offering 1,230 square feet of living space, this condo features new hurricane-impact windows installed, brand-new carpet & kitchen flooring, and fresh interior paint. The unit overlooks the pool and city skyline & includes an assigned covered parking space. This original unit offers the perfect opportunity for a buyer to bring their imagination & create their own dream coastal retreat, with endless potential to customize and upgrade to their personal taste.
Key facts
- Fitness center
- Overlooks the pool
- Heated pool
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $350k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-965 ($-12k/yr) — negative.
- To cash-flow at today's rent, offer at most $210k (39.9% below list).
- Meets the 1% rule at list price ($4k rent vs $350k).
- Recommended offer: $210k (39.9% below list) — sets the bar for cash-flow.
Location & tenants
- Location reads 77/100 on livability (#192 in FL, #3,070 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, health & safety A+, crime B+; Watch: amenities D, cost of living 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: Boca Raton Elementary School (math 47% / reading 52%, grade D, #1,088 of 2,144 statewide, top 53%, 365 students, 62% FRL); Boca Raton Community Middle School (math 59% / reading 61%, grade B, #135 of 571 statewide, top 24%, 1,225 students, 41% FRL); West Boca Raton High School (math 55% / reading 70%, grade B-, #93 of 667 statewide, top 14%, 2,271 students, 28% FRL).
- Market conditions: Rents rising fast (+4.6%/yr); 558 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 28d on market — plan ~3-4 weeks tenant-placement turnaround); 45% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 3,974 units permitted in Palm Beach County in 2024 (1,012 in 5+ unit buildings).
- This rent runs 40% of the median local income ($107k/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 $2k of loan paydown is wiped out by about $10k 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 84 days — a 6% lower offer ($329k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Watch-outs: HOA is 38% of rent.
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 84 days. Have you received any prior offers? Is the seller open to a 40% 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.
- Schools are A-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?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- 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
- 1.01% ✓
- Cap rate
- 2.99%
- Cash-on-cash
- -11.81%
- DSCR
- 0.47
- GRM
- 8.2
CMA / ARV
- ARV (median comp)
- $706,047
- List price
- $349,900
- Delta
- -50.44%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 2000 S Ocean Blvd Unit 17g | 0.36mi | 2/2.0 | 1,236 (+0%) | 2mo | $1,300,000 | $1,052 | 81 |
| 1968 NE 3rd St #1 | 0.44mi | 2/2.5 | 1,224 (-0%) | 0mo | $609,000 | $498 | 76 |
| 641 NE 19th Ave | 0.30mi | 2/2.5 | 1,368 (+11%) | 0mo | $1,150,000 | $841 | 65 |
| 1319 E Hillsboro Blvd #111 | 0.78mi | 2/2.0 | 1,255 (+2%) | 0mo | $325,000 | $259 | 61 |
| 1931 NE 2nd St #303 | 0.49mi | 2/2.0 | 1,109 (-10%) | 1mo | $515,000 | $464 | 60 |
| 806 SE 9th Ave | 1.46mi | 2/2.0 | 1,290 (+5%) | 0mo | $660,000 | $512 | 57 |
| 1111 S Ocean Blvd #5140 | 0.83mi | 2/2.0 | 1,170 (-5%) | 1mo | $530,000 | $453 | 56 |
| 1 Royal Palm Way #201 | 1.03mi | 2/2.0 | 1,130 (-8%) | 1mo | $285,000 | $252 | 51 |
| 10 SE 13th St Unit C3 | 1.30mi | 2/2.0 | 1,120 (-9%) | 0mo | $175,000 | $156 | 50 |
| 1631 Riverview Rd #106 | 0.68mi | 2/2.0 | 1,434 (+17%) | 1mo | $430,000 | $300 | 42 |
| 367 S Federal Hwy Unit B103 | 1.24mi | 2/2.0 | 934 (-24%) | 0mo | $190,000 | $203 | 40 |
| 330 N Federal Hwy #408 | 0.82mi | 2/2.0 | 993 (-19%) | 1mo | $305,000 | $307 | 39 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 4.56% rent growth · sell at horizon
- IRR
- -34.4%
- Equity multiple
- -0.14×
- Total profit
- $-111,596
- Equity at exit
- $52,171
- IRR
- -29.4%
- Equity multiple
- -0.52×
- Total profit
- $-148,751
- Equity at exit
- $30,253
Cash invested: $97,972 (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
Active competition Active MLS
- For sale now
- 7 active · 11 under contract
- Median asking
- $535,900 ($435/sqft)
- Median days on market
- 81 d
- This list price
- lowest-priced of the active set
- ARV vs active asking
- +32.1% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 33432
- Rents YoY
- 4.6%
- Active inventory
- 558
- Price-to-rent
- 8.2×
Monthly cashflow live
- Estimated rent
- $3,546 high interval (Pro) →
- Mortgage (P&I)
- −$1,835
- Tax est. 1.5%
- −$437 /mo · $5,248/yr
- Insurance
- −$146
- HOA
- −$1,348
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$745
- Net cashflow
- $-965
Break-even live
Sensitivity live
| Price | -10% $-723 | -5% $-844 | +0% $-965 | +5% $-1,085 | +10% $-1,206 |
|---|---|---|---|---|---|
| Rent | -10% $-1,245 | -5% $-1,105 | +0% $-965 | +5% $-824 | +10% $-684 |
| Rate | -1.0pp $-788 | -0.5pp $-876 | base $-965 | +0.5pp $-1,055 | +1.0pp $-1,147 |
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
- $87,475
- Closing costs
- $10,497
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- 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 |
|---|---|---|---|---|---|---|---|---|
| 2851 S Ocean Blvd Boca Raton, FL | 1.0–3.0 | 1.0–2.0 | 1241 | $3,575 | $2.88 | 19d | 6 | 0.03mi |
| 2851 S Ocean Blvd Boca Raton, FL | 1.0–2.0 | 1.0–2.0 | 1241 | $4,500 | $3.63 | 21d | 5 | 0.03mi |
| 2851 S Ocean Blvd Apt 6C Boca Raton, FL | 1.0 | 1.0 | 985 | $3,600 | $3.65 | 48d | 1 | 0.03mi |
| 2851 S Ocean Blvd #122 Boca Raton, FL | 2.0 | 2.0 | 1356 | $3,000 | $2.21 | 71d | 1 | 0.03mi |
| 2929 S Ocean Blvd #2120 Boca Raton, FL | 1.0 | 1.5 | 760 | $2,300 | $3.03 | 25d | 1 | 0.04mi |
| 2929 S Ocean Blvd #5010 Boca Raton, FL | 2.0 | 2.0 | 999 | $3,250 | $3.25 | 16d | 1 | 0.04mi |
| 2929 S Ocean Blvd #5060 Boca Raton, FL | 1.0 | 1.5 | 760 | $2,400 | $3.16 | 15d | 1 | 0.04mi |
| 2929 S Ocean Blvd #4100 Boca Raton, FL | 2.0 | 2.0 | 999 | $3,300 | $3.30 | 25d | 1 | 0.04mi |
| 2929 S Ocean Blvd #5060 Boca Raton, FL | 1.0 | 1.5 | 760 | $2,700 | $3.55 | 34d | 1 | 0.04mi |
| 2929 S Ocean Blvd Boca Raton, FL | 1.0 | 1.0–1.5 | 761 | $2,775 | $3.64 | 24d | 3 | 0.06mi |
| 2929 S Ocean Blvd Boca Raton, FL | 1.0 | 1.5 | 761 | $2,825 | $3.71 | 37d | 2 | 0.06mi |
| 2760 Banyan Rd Unit 25A Boca Raton, FL | 2.0 | 2.0 | 905 | $2,500 | $2.76 | 68d | 1 | 0.07mi |
| 2730 Banyan Rd #26 Boca Raton, FL | 2.0 | 2.0 | 905 | $5,400 | $5.97 | 52d | 1 | 0.10mi |
| 2730 Banyan Rd Boca Raton, FL | 2.0 | 2.0 | 935 | $4,000 | $4.28 | 73d | 2 | 0.10mi |
| 3000 S Ocean Blvd #1004 Boca Raton, FL | 2.0 | 2.0 | 1454 | $8,500 | $5.85 | 9d | 1 | 0.12mi |
| 3096 Cadiz Rd Boca Raton, FL | 1.0 | 1.0 | 750 | $2,700 | $3.60 | 73d | 1 | 0.15mi |
| 505 NE 20th Ave Deerfield Beach, FL | 1.0–2.0 | 1.0–1.5 | 1045 | $3,700 | $3.54 | 4d | 2 | 0.23mi |
| 505 NE 20th Ave Deerfield Beach, FL | 1.0–2.0 | 1.0–1.5 | 1045 | $2,895 | $2.77 | 21d | 2 | 0.23mi |
| 620 NE 19th Ave Unit N Deerfield Beach, FL | 2.0 | 2.0 | 1220 | $3,400 | $2.79 | 51d | 1 | 0.27mi |
| 620-630 NE 19th Ave Deerfield Beach, FL | 2.0 | 2.0 | 1220 | $3,400 | $2.79 | 63d | 1 | 0.28mi |
| 1969 NE 4th St Deerfield Beach, FL | 2.0 | 1.0 | 1100 | $3,100 | $2.82 | 29d | 1 | 0.34mi |
| 1969 NE 4th St Deerfield Beach, FL | 2.0 | 1.0 | 1100 | $3,000 | $2.73 | 21d | 1 | 0.34mi |
| 333 NE 21st Ave Deerfield Beach, FL | 1.0–2.0 | 1.5–2.5 | 870 | $8,000 | $9.20 | 1d | 6 | 0.34mi |
| 1955 NE 4th St #1 Deerfield Beach, FL | 2.0 | 1.0 | 1275 | $4,500 | $3.53 | 73d | 1 | 0.34mi |
| 1955 NE 4th St #2 Deerfield Beach, FL | 1.0 | 2.0 | 1275 | $4,500 | $3.53 | 73d | 1 | 0.34mi |
| 1910 NE 5th St Unit 8 Deerfield Beach, FL | 1.0 | 1.5 | 1000 | $2,800 | $2.80 | 73d | 1 | 0.36mi |
| 1910 NE 5th St Unit 8 Deerfield Beach, FL | 1.0 | 1.5 | 1000 | $2,800 | $2.80 | 57d | 1 | 0.36mi |
| 1913 NE 4th St Unit 1-9 Deerfield Beach, FL | 1.0 | 1.0 | 859 | $1,900 | $2.21 | 25d | 1 | 0.38mi |
| 1917 NE 3rd St #103 Deerfield Beach, FL | 2.0 | 2.5 | 1258 | $2,935 | $2.33 | 8d | 1 | 0.42mi |
| 1917 NE 3rd St #104 Deerfield Beach, FL | 2.0 | 2.5 | 1258 | $3,050 | $2.42 | 4d | 1 | 0.42mi |
| 1917 NE 3rd St #109 Deerfield Beach, FL | 2.0 | 2.5 | 1258 | $2,990 | $2.38 | 0d | 1 | 0.42mi |
| 1931 NE 2nd St Deerfield Beach, FL | 2.0 | 2.0 | 1001 | $4,175 | $4.17 | 16d | 2 | 0.47mi |
| 1931 NE 2nd St Deerfield Beach, FL | 2.0 | 2.0 | 1001 | $4,175 | $4.17 | 2d | 2 | 0.47mi |
| 1931 NE 2nd St #305 Deerfield Beach, FL | 2.0 | 2.0 | 1001 | $4,000 | $4.00 | 43d | 1 | 0.47mi |
| 1931 NE 2nd St #305 Deerfield Beach, FL | 2.0 | 2.0 | 1001 | $4,500 | $4.50 | 27d | 1 | 0.47mi |
| 101 NE 19th Ave Deerfield Beach, FL | 2.0 | 2.0 | 941 | $3,750 | $3.99 | 38d | 2 | 0.59mi |
| 101 NE 19th Ave #228 Deerfield Beach, FL | 2.0 | 2.0 | 941 | $4,500 | $4.78 | 28d | 1 | 0.61mi |
| 1631 Riverview Rd #507 Deerfield Beach, FL | 2.0 | 2.0 | 1200 | $2,999 | $2.50 | 73d | 1 | 0.67mi |
| 1631 Riverview Rd #505 Deerfield Beach, FL | 2.0 | 2.0 | 1420 | $4,000 | $2.82 | 73d | 1 | 0.67mi |
| 1200 S Ocean Blvd Unit 12G Boca Raton, FL | 2.0 | 2.0 | 1230 | $7,500 | $6.10 | 0d | 1 | 0.68mi |
Property features AI
Finance
- Other
- Building name: THE PATRICIAN CONDOMINIUMBuilding area reported as 1,230 (source: Other)
- Financial info
- Pets allowed (breed restrictions and possible pet restrictions)
- HOA & community
- Association: The Patrician CondominiumMonthly association feeAssociation amenities include cabana, clubhouse, elevators, fitness center, hot water, laundry, parking, pool, storage, trash chute, bike storage, community room, heated pool, and lobbyAssociation fee covers cable TV, insurance, grounds and structure maintenance, pest control, security, sewer, trash, water, common areas, elevator, reserve funds, roof repairs, recreation facility, and pool service
Exterior
- Parking
- Attached carportAssigned covered parking (1 space)Total of 1 parking space
- Security
- Attended lobby
- Utilities
- Public waterPublic sewerCable availableElectricity availableWater availableOther utilities available
- Home design
- CondominiumOne levelEast-facingSeven-story building
- Construction
- Built with CBS construction
- Exterior features
- Landscaped groundsAsphalt roadPrivate maintained roadNo waterfrontShingle roof
Interior
- Kitchen
- DisposalElectric rangeMicrowaveRefrigerator
- Bedrooms
- One main-level bedroom
- Flooring
- CarpetLaminateTile
- Bathrooms
- Two full bathroomsOne main-level bathroom
- Heating & cooling
- Central electric heatingCentral air conditioning
- Interior features
- Walk-in closetsSplit bedroom layoutCloset cabinetryStorm windows
- Laundry & utility
- Laundry in hall / common area
HOA detail $1,348/mo · $16,176/yr condo
- Likely covers
- pool
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 39 events
-
2026-08-08days on market $349,900 Active 84 DOM
-
2026-08-06days on market $349,900 Active 82 DOM
-
2026-08-05days on market $349,900 Active 81 DOM
-
2026-08-03days on market $349,900 Active 79 DOM
-
2026-07-31days on market $349,900 Active 76 DOM
-
2026-07-26days on market $349,900 Active 71 DOM
-
2026-07-24days on market $349,900 Active 69 DOM
-
2026-07-23days on market $349,900 Active 68 DOM
-
2026-07-22days on market $349,900 Active 67 DOM
-
2026-07-21days on market $349,900 Active 66 DOM
-
2026-07-20days on market $349,900 Active 65 DOM
-
2026-07-18days on market $349,900 Active 63 DOM
-
2026-07-18days on market $349,900 Active 62 DOM
-
2026-07-16days on market $349,900 Active 61 DOM
-
2026-07-15days on market $349,900 Active 60 DOM
-
2026-07-14days on market $349,900 Active 59 DOM
-
2026-07-13days on market $349,900 Active 58 DOM
-
2026-07-13days on market $349,900 Active 57 DOM
-
2026-07-12days on market $349,900 Active 56 DOM
-
2026-07-10days on market $349,900 Active 55 DOM
-
2026-07-09days on market $349,900 Active 54 DOM
-
2026-07-07days on market $349,900 Active 52 DOM
-
2026-07-06days on market $349,900 Active 51 DOM
-
2026-07-06days on market $349,900 Active 50 DOM
-
2026-07-05days on market $349,900 Active 49 DOM
-
2026-07-03days on market $349,900 Active 48 DOM
-
2026-07-02days on market $349,900 Active 47 DOM
-
2026-07-01days on market $349,900 Active 46 DOM
-
2026-06-30days on market $349,900 Active 45 DOM
-
2026-06-29days on market $349,900 Active 44 DOM
-
2026-06-28days on market $349,900 Active 43 DOM
-
2026-06-27days on market $349,900 Active 42 DOM
-
2026-06-26pricedays on market $349,900 Active 41 DOM
-
2026-06-24days on market $375,000 Active 39 DOM
-
2026-06-22days on market $375,000 Active 37 DOM
-
2026-06-21days on market $375,000 Active 36 DOM
-
2026-06-18days on market $375,000 Active 33 DOM
-
2026-06-17remarks 683-char remark
-
2026-06-17$375,000 Active 32 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Climate risk First Street
- Flood 3/10 Moderate FEMA zone X (unshaded) · 6% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 10/10 Extreme 7 d/yr ≥106°F today · 28 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 · 3 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
- $42,555
- − Mortgage interest
- −$19,600
- − Property taxes
- −$5,248
- − Insurance
- −$1,750
- − Repairs & maintenance
- −$3,404
- − Management
- −$3,404
- − HOA
- −$16,176
- − Depreciation
- −$10,179
- Taxable loss
- −$17,206
- Est. tax savings @ 24.0%
- +$4,130
- After-tax cash flow
- $-7,445/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.
Condition & rehab AI · 3 photos
This stunning condominium in Boca Raton offers a resort-style living experience with new hurricane-impact windows, fresh paint, and updated flooring, making it a great investment opportunity.
Value-add opportunities
- Both New hurricane-impact windows — Enhances safety and energy efficiency ↑
- Both Fresh interior paint — Improves curb appeal and interior aesthetics ↑
- Both New carpet and kitchen flooring — Enhances comfort and aesthetics ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
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 — Boca Raton
- Score
- 77/100
- State rank
- #192
- US rank
- #3070
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Boca Raton, FL
- County
- Palm Beach County · 1,637,487 people
- City population
- 250,102
- Metro
- Miami-Fort Lauderdale-Pompano Beach, FL
- Population (ZIP)
- 21,834
- Household income
- $107,045
- Rent vs Own
- Severe rent burden
- 15% of renters
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 (72%)
- Race & ethnicity
- White 72% Hispanic / Latino 18% Two or more races 13% Black 4% Asian 2%
- Hispanic origin (detail)
- Mexican 3% Puerto Rican 5% Cuban 3%
- Common ancestry
- Scotch-Irish 4% Subsaharan African 4% Romanian 4%
- Foreign-born
- 20% · Canada, Jamaica, China
- Languages at home
- 77% English-only · Spanish 13% Other Indo-European 3% French/Haitian/Cajun 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
- ▼ -565.03%
- Current HPI
- 391.7799
- Rent YoY
- ▲ 4.56%
- 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
-6.7% since first listed2 events — show timeline
- 2026-06-25 Price Changed $349,900 Beaches MLS
- 2026-05-16 Listed $375,000 Beaches MLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…