🌊 Lakefront
None · 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 3/10 · Minor
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 9/10 · Severe
- Hot days now (above 105°F)
- 5 days/yr
- Hot days in 30 yrs
- 17 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
- 1 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
- 1% rule +5.6/10.0
- Livability +4.1/5.0
- Condition / age +3.8/5.0
- Schools +3.1/10.0
- Cash flow +3.0/30.0
- Rent growth +2.5/5.0
- DSCR +0.0/10.0
- Appreciation +0.0/10.0
$139,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
You will be pleased to call this beautiful one bedroom, one and one-half bath condo your home. And wait until you see the splendid lake view. You will really like the kitchen and bathrooms The spacious bedroom features a large walk-in closet and a second large closet. There is lovely ceramic tile on the floors of all rooms. The front door and window and lanai windows are all hurricane impact rated. These will offer the luxury of comfort and protection. The central air conditioner was replaced in 2025 and the hot water heater in 2023. This home is move-in ready. Waiting for you.
Key facts
- $659 HOA
- Parking
- Community pool
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/1.5-bath townhouse listed at $139k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-451 ($-5k/yr) — negative.
- To cash-flow at today's rent, offer at most $74k (46.9% below list).
- Meets the 1% rule at list price ($1k rent vs $139k).
- Recommended offer: $74k (46.9% below list) — sets the bar for cash-flow.
- Cap rate 2.4% vs local median 3.8% in West Palm Beach — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.
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.
- Zoned schools: Grassy Waters Elementary School (math 43% / reading 48%, grade D-, #1,247 of 2,144 statewide, top 59%, 739 students, 64% FRL); Bear Lakes Middle School (math 19% / reading 33%, grade F, #506 of 571 statewide, top 89%, 842 students, 74% FRL); Palm Beach Lakes High School (math 17% / reading 26%, grade F, #546 of 667 statewide, top 82%, 2,688 students, 70% FRL) — zoned schools average 69% FRL vs 52% district-wide (18 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Zoned-school proficiency averages 31% at this address vs 50% district-wide (-18 pts) — the specific schools serving this property underperform the Palm Beach average; the district grade overstates school quality for this exact location.
- Market conditions: Rents flat; 620 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 75d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 70% of comp listings sitting > 30 days — soft ceiling on asking rent; 3,974 units permitted in Palm Beach County in 2024 (1,012 in 5+ unit buildings).
- This rent runs 34% of the median local income ($52k/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 $961 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
- Palm Beach County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 140 days — a 12% lower offer ($122k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Watch-outs: HOA is 45% of rent.
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 5→17/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 140 days. Have you received any prior offers? Is the seller open to a 47% concession, seller financing, or rate buy-down credit?
- Built in 1971 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- 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?
- 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?
- This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
- What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
- Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
- 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 for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 1.06% ✓
- Cap rate
- 2.40%
- Cash-on-cash
- -13.90%
- DSCR
- 0.38
- GRM
- 7.8
CMA / ARV
- ARV (median comp)
- $294,000
- List price
- $139,000
- Delta
- -52.72%
- Verdict
- UNDERPRICED
- Comps
- 2 within 6.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 121 Sheffield F | 0.13mi | 2/1.5 (+1) | 798 (0%) | 0mo | $147,000 | $184 | 88 |
| 130 Chatham F | 0.32mi | 2/1.5 (+1) | 798 (0%) | 1mo | $140,000 | $175 | 80 |
| 24 Easthampton A | 0.39mi | 2/1.5 (+1) | 798 (0%) | 0mo | $75,000 | $94 | 77 |
| 238 Sussex L | 0.55mi | 2/1.5 (+1) | 798 (0%) | 0mo | $100,000 | $125 | 69 |
| 263 Norwich K | 0.48mi | 2/1.5 (+1) | 819 (+3%) | 1mo | $65,000 | $79 | 68 |
| 418 Sheffield Q #418 | 0.35mi | 1/1.5 | 684 (-14%) | 1mo | $63,000 | $92 | 59 |
| 218 Somerset L | 0.38mi | 2/2.0 (+1) | 874 (+10%) | 0mo | $265,000 | $303 | 59 |
| 150 Easthampton G #150 | 0.39mi | 1/1.0 | 702 (-12%) | 1mo | $50,000 | $71 | 59 |
| 104 E Windsor E #104 | 0.74mi | 2/2.0 (+1) | 819 (+3%) | 1mo | $109,900 | $134 | 54 |
| 262 Sussex M | 0.50mi | 1/1.5 | 684 (-14%) | 1mo | $46,000 | $67 | 52 |
| 309 Southampton A #309 | 0.63mi | 1/1.5 | 702 (-12%) | 0mo | $55,000 | $78 | 50 |
| 331 Windsor O | 0.63mi | 1/1.5 | 702 (-12%) | 0mo | $80,000 | $114 | 50 |
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 · 0.02% rent growth · sell at horizon
- IRR
- -49.4%
- Equity multiple
- -0.42×
- Total profit
- $-55,125
- Equity at exit
- $20,725
- IRR
- —
- Equity multiple
- -1.57×
- Total profit
- $-99,901
- Equity at exit
- $12,018
Cash invested: $38,920 (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
- 245 active · 84 under contract
- Months of supply
- 35.0 mo (3%/mo absorbed)
- Median asking
- $119,000 ($153/sqft)
- Median days on market
- 107 d
- This list price
- 70% of active listings are priced below it
- ARV vs active asking
- +140.2% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 33417
- Home prices YoY
- -29.2%
- Rents YoY
- 0.0%
- Active inventory
- 620
- Price-to-rent
- 7.8×
Monthly cashflow live
- Estimated rent
- $1,479 high interval (Pro) →
- Mortgage (P&I)
- −$729
- Tax est. 1.5%
- −$174 /mo · $2,085/yr
- Insurance
- −$58
- HOA
- −$659
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$311
- Net cashflow
- $-451
Break-even live
Sensitivity live
| Price | -10% $-355 | -5% $-403 | +0% $-451 | +5% $-499 | +10% $-547 |
|---|---|---|---|---|---|
| Rent | -10% $-568 | -5% $-509 | +0% $-451 | +5% $-393 | +10% $-334 |
| Rate | -1.0pp $-381 | -0.5pp $-416 | base $-451 | +0.5pp $-487 | +1.0pp $-524 |
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
- $34,750
- Closing costs
- $4,170
- 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 |
|---|---|---|---|---|---|---|---|---|
| 110 Stratford N West Palm Beach, FL | 1.0 | 1.5 | 740 | $1,600 | $2.16 | 114d | 1 | 0.10mi |
| 149 Stratford N West Palm Beach, FL | 2.0 | 2.0 | 978 | $1,650 | $1.69 | 120d | 1 | 0.10mi |
| 294 Chatham S Unit O West Palm Beach, FL | 1.0 | 1.0 | 645 | $1,300 | $2.02 | 120d | 1 | 0.13mi |
| 358 Chatham R Unit R West Palm Beach, FL | 1.0 | 1.5 | 684 | $1,200 | $1.75 | 45d | 1 | 0.14mi |
| 358 Chatham R Unit R West Palm Beach, FL | 1.0 | 1.5 | 684 | $1,295 | $1.89 | 120d | 1 | 0.14mi |
| 358 Chatham R Unit R West Palm Beach, FL | 1.0 | 1.5 | 684 | $1,200 | $1.75 | 114d | 1 | 0.14mi |
| 430 Chatham U Unit 430 West Palm Beach, FL | 1.0 | 1.5 | 684 | $1,200 | $1.75 | 54d | 1 | 0.15mi |
| 75 Sheffield D Unit D West Palm Beach, FL | 2.0 | 1.5 | 798 | $1,500 | $1.88 | 18d | 1 | 0.16mi |
| 74 Sheffield D Unit D West Palm Beach, FL | 2.0 | 1.5 | 798 | $1,400 | $1.75 | 120d | 1 | 0.17mi |
| 105 Oxford 500 #105 West Palm Beach, FL | 1.0 | 1.5 | 837 | $1,500 | $1.79 | 39d | 1 | 0.24mi |
| 249 Sheffield I Unit K West Palm Beach, FL | 1.0 | 1.5 | 684 | $1,450 | $2.12 | 11d | 1 | 0.24mi |
| 15 Chatham E Unit 15 West Palm Beach, FL | 1.0 | 1.5 | 684 | $1,375 | $2.01 | 11d | 1 | 0.25mi |
| 145 Dorchester G West Palm Beach, FL | 1.0 | 1.5 | 646 | $1,250 | $1.93 | 20d | 1 | 0.28mi |
| 145 Dorchester G West Palm Beach, FL | 1.0 | 1.5 | 646 | $1,300 | $2.01 | 62d | 1 | 0.28mi |
| 144 Dorchester G West Palm Beach, FL | 2.0 | 1.5 | 798 | $1,700 | $2.13 | 107d | 1 | 0.28mi |
| 144 Dorchester G West Palm Beach, FL | 2.0 | 1.5 | 798 | $1,700 | $2.13 | 106d | 1 | 0.28mi |
| 22 Somerset Dr Unit 22 West Palm Beach, FL | 2.0 | 2.0 | 874 | $1,800 | $2.06 | 87d | 1 | 0.28mi |
| 51 Dorchester E Unit 51 West Palm Beach, FL | 1.0 | 1.0 | 570 | $1,400 | $2.46 | 120d | 1 | 0.30mi |
| 146 Somerset Cres Unit 146 West Palm Beach, FL | 2.0 | 2.0 | 874 | $2,000 | $2.29 | 116d | 1 | 0.31mi |
| 163 Somerset H West Palm Beach, FL | 2.0 | 2.0 | 874 | $1,500 | $1.72 | 120d | 1 | 0.32mi |
| 142 Kent I West Palm Beach, FL | 1.0 | 1.5 | 684 | $1,425 | $2.08 | 74d | 1 | 0.32mi |
| 142 Kent I West Palm Beach, FL | 1.0 | 1.5 | 684 | $1,475 | $2.16 | 120d | 1 | 0.32mi |
| 227 Kent N West Palm Beach, FL | 2.0 | 2.0 | 798 | $1,650 | $2.07 | 29d | 1 | 0.34mi |
| 145 Dorchester E Unit 145 West Palm Beach, FL | 1.0 | 1.5 | 646 | $1,300 | $2.01 | 103d | 1 | 0.34mi |
| 226 Kent N Unit 226 West Palm Beach, FL | 2.0 | 2.0 | 798 | $1,600 | $2.01 | 3d | 1 | 0.34mi |
| 143 Cambridge F West Palm Beach, FL | 1.0 | 1.5 | 774 | $1,400 | $1.81 | 18d | 1 | 0.34mi |
| 79 Dorchester E Unit 79 West Palm Beach, FL | 2.0 | 1.5 | 798 | $1,500 | $1.88 | 120d | 1 | 0.34mi |
| 118 Kent H West Palm Beach, FL | 1.0 | 1.0 | 570 | $1,200 | $2.11 | 20d | 1 | 0.35mi |
| 86 Kent F Unit 86 West Palm Beach, FL | 1.0 | 1.0 | 570 | $1,500 | $2.63 | 20d | 1 | 0.36mi |
| 107 Kent St Unit 107* West Palm Beach, FL | 1.0 | 1.0 | 570 | $1,500 | $2.63 | 84d | 1 | 0.37mi |
| 107 Kent St Unit 107* West Palm Beach, FL | 1.0 | 1.0 | 570 | $1,500 | $2.63 | 83d | 1 | 0.37mi |
| 37 Cambridge B West Palm Beach, FL | 2.0 | 2.0 | 814 | $1,500 | $1.84 | 45d | 1 | 0.37mi |
| 49 Cambridge B Unit B West Palm Beach, FL | 1.0 | 1.5 | 684 | $1,450 | $2.12 | 120d | 1 | 0.37mi |
| 49 Cambridge B Unit B West Palm Beach, FL | 1.0 | 1.5 | 684 | $1,300 | $1.90 | 69d | 1 | 0.37mi |
| 132 Cambridge F #132 West Palm Beach, FL | 2.0 | 1.5 | 798 | $1,500 | $1.88 | 28d | 1 | 0.37mi |
| 66 Cambridge C Unit C West Palm Beach, FL | 1.0 | 1.0 | 615 | $1,250 | $2.03 | 45d | 1 | 0.37mi |
| 38 Cambridge B West Palm Beach, FL | 2.0 | 1.5 | 798 | $1,650 | $2.07 | 20d | 1 | 0.37mi |
| 17 Cambridge a West Palm Beach, FL | 1.0 | 1.5 | 684 | $1,200 | $1.75 | 120d | 1 | 0.37mi |
| 39 Cambridge B West Palm Beach, FL | 1.0 | 1.0 | 570 | $1,400 | $2.46 | 2d | 1 | 0.37mi |
| 76 Cambridge D Unit D West Palm Beach, FL | 1.0 | 1.0 | 570 | $1,250 | $2.19 | 35d | 1 | 0.37mi |
Property features AI
Finance
- Other
- Pets not allowed
- Financial info
- Property is on a land lease with monthly lease payments (lease expires 2059)
- HOA & community
- Wellington E Condominium AssociationMonthly association fee (paid monthly)HOA fee covers cable TV, insurance, grounds maintenance, trash, common areas, elevator, legal/accounting, and roof repairsAssociation amenities include elevator(s), fitness center, game room, indoor pool, laundry, park, picnic area, sauna, shuffleboard, tennis courts, pickleball courts, sidewalks, street lights, gated access, security, recreation facilities, courtesy bus, workshop area, hobby room, library, and community room
Exterior
- Parking
- One asphalt open parking space
- Security
- Gated communitySecurity services
- Utilities
- Public waterPublic sewerElectricity connectedCable connectedUnderground utilities
- Home design
- CondominiumOne level (unit)Facing eastResale unit in a multi-story building (building has 2 total stories)
- Construction
- Concrete block construction with stuccoBuilt-up roof
- Exterior features
- Waterfront propertyStreet lights and sidewalksPark and picnic area on siteCourtesy bus and gated communityRecreation facilities including indoor pool, sauna, fitness center, game room, workshop area, hobby room, library, community room
Interior
- Kitchen
- MicrowaveDisposal
- Bedrooms
- One main-level bedroom
- Flooring
- Ceramic tile flooring
- Bathrooms
- One full bathroom and one half bathroom
- Heating & cooling
- Central individual heatingCentral individual cooling
- Interior features
- Disposal and microwave includedAccessible elevator installedCommunity laundry available
- Laundry & utility
- Laundry facilities in the building
HOA detail $659/mo · $7,908/yr
- Likely covers
- water
Listing history 50 events
-
2026-09-23days on market $139,000 Active 140 DOM
-
2026-09-22days on market $139,000 Active 139 DOM
-
2026-09-21days on market $139,000 Active 138 DOM
-
2026-09-20days on market $139,000 Active 137 DOM
-
2026-09-18days on market $139,000 Active 135 DOM
-
2026-09-17days on market $139,000 Active 134 DOM
-
2026-09-16days on market $139,000 Active 133 DOM
-
2026-09-15days on market $139,000 Active 132 DOM
-
2026-09-13days on market $139,000 Active 130 DOM
-
2026-09-12days on market $139,000 Active 129 DOM
-
2026-09-11days on market $139,000 Active 128 DOM
-
2026-09-05days on market $139,000 Active 122 DOM
-
2026-09-04days on market $139,000 Active 121 DOM
-
2026-09-03days on market $139,000 Active 120 DOM
-
2026-08-31days on market $139,000 Active 117 DOM
-
2026-08-29days on market $139,000 Active 115 DOM
-
2026-08-28days on market $139,000 Active 114 DOM
-
2026-08-27days on market $139,000 Active 113 DOM
-
2026-08-25days on market $139,000 Active 111 DOM
-
2026-08-24days on market $139,000 Active 110 DOM
-
2026-08-23days on market $139,000 Active 109 DOM
-
2026-08-22days on market $139,000 Active 108 DOM
-
2026-08-21days on market $139,000 Active 107 DOM
-
2026-08-20days on market $139,000 Active 106 DOM
-
2026-08-19days on market $139,000 Active 105 DOM
-
2026-08-18days on market $139,000 Active 104 DOM
-
2026-08-17days on market $139,000 Active 103 DOM
-
2026-08-16days on market $139,000 Active 102 DOM
-
2026-08-15days on market $139,000 Active 101 DOM
-
2026-08-14days on market $139,000 Active 100 DOM
-
2026-08-13days on market $139,000 Active 99 DOM
-
2026-08-12days on market $139,000 Active 98 DOM
-
2026-08-11days on market $139,000 Active 97 DOM
-
2026-08-10days on market $139,000 Active 96 DOM
-
2026-08-09days on market $139,000 Active 95 DOM
-
2026-08-08days on market $139,000 Active 94 DOM
-
2026-08-06days on market $139,000 Active 92 DOM
-
2026-08-05days on market $139,000 Active 91 DOM
-
2026-08-03days on market $139,000 Active 89 DOM
-
2026-07-31days on market $139,000 Active 86 DOM
-
2026-07-26days on market $139,000 Active 81 DOM
-
2026-07-24days on market $139,000 Active 79 DOM
-
2026-07-23days on market $139,000 Active 78 DOM
-
2026-07-22days on market $139,000 Active 77 DOM
-
2026-07-21days on market $139,000 Active 76 DOM
-
2026-07-20days on market $139,000 Active 75 DOM
-
2026-07-18days on market $139,000 Active 73 DOM
-
2026-07-18days on market $139,000 Active 72 DOM
-
2026-07-16days on market $139,000 Active 71 DOM
-
2026-07-15days on market $139,000 Active 70 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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 3/10 Moderate
- Heat 9/10 Extreme 5 d/yr ≥105°F today · 17 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 · 1 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
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Taxation est. · year 1
- Rental income
- $17,752
- − Mortgage interest
- −$7,786
- − Property taxes
- −$2,085
- − Insurance
- −$695
- − Repairs & maintenance
- −$1,420
- − Management
- −$1,420
- − HOA
- −$7,908
- − Depreciation
- −$4,044
- Taxable loss
- −$7,606
- Est. tax savings @ 24.0%
- +$1,826
- After-tax cash flow
- $-3,586/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 · 12 photos
This move-in ready one-bedroom, one-and-a-half-bath condo features modern appliances, tiled floors, and hurricane impact-rated windows, making it an attractive option for both resale and rental.
Value-add opportunities
- Both Painting exterior and interior walls — Enhances curb appeal and interior aesthetics ↑
- Both Landscaping improvements — Enhances curb appeal and adds value ↑
- Both Upgrading light fixtures — Improves ambiance and energy efficiency ↑
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 — 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 · 1,637,487 people
- City population
- 222,012
- Metro
- Miami-Fort Lauderdale-Pompano Beach, FL
- Population (ZIP)
- 38,079
- Household income
- $51,605
- Rent vs Own
- Severe rent burden
- 19% 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
- Highly diverse neighborhood (Simpson 0.72)
- Race & ethnicity
- White 34% Black 30% Hispanic / Latino 27% Two or more races 16% Asian 3%
- Hispanic origin (detail)
- Mexican 3% Puerto Rican 6% Cuban 5% Dominican 2%
- Common ancestry
- Hispanic 10% Romanian 3% Scotch-Irish 1%
- Foreign-born
- 34% · Canada, Jamaica
- Languages at home
- 58% English-only · Spanish 24% French/Haitian/Cajun 11% Other Indo-European 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
- ▼ -138.62%
- Current HPI
- 335.8396
- Rent YoY
- ▬ 0.02%
- 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
1 event — show timeline
- 2026-05-06 Listed $139,000 Beaches MLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…