6420 Boca Del Mar #303 · Boca Raton, 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 1/10 · Minimal
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 9/10 · Severe
- Hot days now (above 107°F)
- 7 days/yr
- Hot days in 30 yrs
- 26 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 D- 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 +9.7/30.0
- ARV discount +7.5/15.0
- 1% rule +6.0/10.0
- Schools +4.3/10.0
- Livability +3.9/5.0
- DSCR +2.8/10.0
- Rent growth +2.6/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$245,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
MAGESTIC VIEW OF BOCA DEL MAR GOLF CLUB FROM MOST ROOMS. WALK TO GOLF CLUB. THIS 2 BEDROOM CONDO ON THE 3RD FLOOR FEATURES;UPDATED KITCHEN, NEW APPLIANCES, NEW SINK, NEW DISPOSDOSAL, NEW WAHSER AND DRYER, NEW CARPETS, NEW VERTICALS,NEW LIGHT FIXTURES, EXTRA SHELVES IN CLOSET, HIGH EFFICIENCY SAFE HURRICANE SHUTTERS. CLOSEST PARKING TO BUILDINGFOR CONVENIENCE. MOVE IN CONDITION. ACTIVE CLUB HOUSE, WITH HEATED POOL, SAUNA, SPA, EXERCISE ROOM, CARD ROOM, RECENTLY RENOVATED CLUBHOUSE AND LOBBIES, CLOSE TO GREAT SHOPPING, RESTAURANTS AND YMCA. GREAT PLACE TO LIVE AND INVEST IN YOUR FUTURE. 55 COMMUNITY, UNDER 55 OK NEW AIR COMPRESSOR AND NEW TRANE AR HANDLER INSTALLED SEPTEMBER 2, 2003 SOLD AS IS FOR THE CONVENIENCE OF THE SELLER. VACANT,VACANT,VACANT,VACANT
Key facts
- Gated community
- Central location
- Panoramic views
Tags
Property features AI
Finance
- Financial info: Pets not allowed
- HOA & community: Monthly HOA with amenities including pool, fitness center, clubhouse, billiard and game rooms, sauna, shuffleboard court, library, community room, manager on site, elevator access, parking, trash chute, street lights; HOA fees collected monthly; HOA includes cable TV, insurance, ground maintenance, pest control, security, sewer, trash, water, common areas, and recreation facility
Exterior
- Parking: Assigned parking
- Security: Fire sprinkler system; Security system; Entry phone/intercom; Gated community (no guard)
- Utilities: Three-phase electric; Public sewer; Cable available; Sewer available
- Home design: Condominium; 7-story building; North-facing
- Construction: CBS construction
- Exterior features: Patio; Not waterfront
Interior
- Kitchen: Dishwasher; Electric range; Microwave; Disposal; Electric water heater
- Bedrooms: 2 bedrooms on the main level
- Flooring: Ceramic tile; Wood
- Bathrooms: 2 full bathrooms on the main level
- Heating & cooling: Central heating; Central air conditioning
- Interior features: Entrance foyer; Walk-in closets
- Laundry & utility: Inside laundry
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $245k.
Deal economics
- At list price, monthly cash flow is $-160 ($-2k/yr) — negative.
- To cash-flow at today's rent, offer at most $217k (11.5% below list).
- Meets the 1% rule at list price ($3k rent vs $245k).
- Recommended offer: $216k (12.0% below list) — sets the bar for market timing.
- Cap rate 5.5% vs local median 2.7% in Boca Raton — 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 (#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: Verde K-8 (math 72% / reading 74%, grade A, #271 of 2,144 statewide, top 13%, 1,296 students, 28% 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) — zoned schools average 32% FRL vs 52% district-wide (20 pts lower); this property's tenant base skews higher-income than the district average.
- Zoned-school proficiency averages 65% at this address vs 50% district-wide (+16 pts) — the actual schools serving this property are materially stronger than the Palm Beach average implies; a family-tenant draw the district grade alone would hide.
- Market conditions: Rents flat; 436 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 3,974 units permitted in Palm Beach County in 2024 (1,012 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k 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 687 days — a 12% lower offer ($216k) is reasonable based on typical stale-listing flexibility.
- 8 sale attempts since 23y ago; this cycle's ask is 8650% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
- Current owner paid $155k; list at $245k implies a 58% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: HOA is 29% 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.
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 687 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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
- 1.10% ✓
- Cap rate
- 5.51%
- Cash-on-cash
- -2.80%
- DSCR
- 0.88
- GRM
- 7.6
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 0.33% rent growth · sell at horizon
- IRR
- -25.0%
- Equity multiple
- 0.18×
- Total profit
- $-56,517
- Equity at exit
- $36,530
- IRR
- -37.8%
- Equity multiple
- -0.28×
- Total profit
- $-88,048
- Equity at exit
- $21,183
Cash invested: $68,600 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 87 Strongly Landlord-Friendly
- State Florida
- 87 Strongly Landlord-Friendly · R+3
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 33433
- Rents YoY
- 0.3%
- Active inventory
- 436
- Price-to-rent
- 7.6×
Monthly cashflow live
- Estimated rent
- $2,687 high interval (Pro) →
- Mortgage (P&I)
- −$1,285
- Tax from tax record
- −$115 /mo · $1,381/yr
- Insurance
- −$102
- HOA
- −$781
- Vacancy / Maint / Mgmt
- −$564
- Net cashflow
- $-160
Break-even live
Sensitivity live
| Price | -10% $-21 | -5% $-91 | +0% $-160 | +5% $-229 | +10% $-299 |
|---|---|---|---|---|---|
| Rent | -10% $-372 | -5% $-266 | +0% $-160 | +5% $-54 | +10% $52 |
| Rate | -1.0pp $-37 | -0.5pp $-98 | base $-160 | +0.5pp $-223 | +1.0pp $-288 |
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
- $61,250
- Closing costs
- $7,350
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 6314 Longboat Ln W Boca Raton, FL | 2.0 | 2.0 | 1368 | $3,300 | $2.41 | 1d | 1 | 0.05mi |
| 22136 Palms Way #103 Boca Raton, FL | 2.0 | 2.0 | 958 | $2,500 | $2.61 | 17d | 1 | 0.08mi |
| 22136 Palms Way #103 Boca Raton, FL | 2.0 | 2.0 | 958 | $2,500 | $2.61 | 26d | 1 | 0.08mi |
| 6530 Boca del Mar Dr #336 Boca Raton, FL | 2.0 | 2.0 | 1339 | $2,600 | $1.94 | 19d | 1 | 0.14mi |
| 22148 Boca Place Dr Boca Raton, FL | 1.0–3.0 | 1.0–2.0 | 985 | $2,533 | $2.57 | 0d | 22 | 0.19mi |
| 6514 Spring Bottom Way #125 Boca Raton, FL | 2.0 | 2.0 | 1500 | $2,300 | $1.53 | 12d | 1 | 0.21mi |
| 6397 Boca Cir Boca Raton, FL | 2.0 | 2.5 | 1296 | $2,300 | $1.77 | 21d | 1 | 0.29mi |
| 21950 Soundview Ter #209 Boca Raton, FL | 2.0 | 2.0 | 950 | $2,200 | $2.32 | 9d | 1 | 0.29mi |
| 6061 Boca Colony Dr Boca Raton, FL | 1.0–3.0 | 1.0–2.0 | 972 | $2,322 | $2.39 | 0d | 20 | 0.31mi |
| 6049 Balboa Cir #302 Boca Raton, FL | 2.0 | 2.0 | 1385 | $2,600 | $1.88 | 22d | 1 | 0.35mi |
| 21951 Soundview Ter #203 Boca Raton, FL | 2.0 | 2.0 | 950 | $2,800 | $2.95 | 26d | 1 | 0.36mi |
| 6550 Somerset Dr Unit K-104 Boca Raton, FL | 2.0 | 2.0 | 950 | $2,300 | $2.42 | 26d | 1 | 0.37mi |
| 6061 Balboa Cir #206 Boca Raton, FL | 2.0 | 2.0 | 1385 | $2,650 | $1.91 | 1d | 1 | 0.40mi |
| 6620 Tiburon Cir Unit 3 Boca Raton, FL | 2.0 | 2.0 | 1382 | $2,900 | $2.10 | 6d | 1 | 0.41mi |
| 6620 Tiburon Cir Unit 3 Boca Raton, FL | 2.0 | 2.0 | 1382 | $2,900 | $2.10 | 17d | 1 | 0.41mi |
| 6463 La Costa Dr #203 Boca Raton, FL | 2.0 | 2.0 | 1310 | $2,400 | $1.83 | 5d | 1 | 0.43mi |
| 6463 La Costa Dr #301 Boca Raton, FL | 2.0 | 2.0 | 1388 | $2,900 | $2.09 | 26d | 1 | 0.43mi |
| 6355 La Costa Dr Unit L Boca Raton, FL | 1.0 | 1.0 | 700 | $1,850 | $2.64 | 26d | 1 | 0.47mi |
| 6372 La Costa Dr #306 Boca Raton, FL | 2.0 | 2.0 | 1388 | $2,750 | $1.98 | 26d | 1 | 0.48mi |
| 6772 Palmetto Cir S #102 Boca Raton, FL | 2.0 | 2.0 | 857 | $2,300 | $2.68 | 26d | 1 | 0.53mi |
| 6324 La Costa Dr Unit C Boca Raton, FL | 1.0 | 1.0 | 700 | $1,900 | $2.71 | 17d | 1 | 0.54mi |
| 6925 Town Harbour Blvd Boca Raton, FL | 1.0–2.0 | 1.5–2.5 | 1187 | $2,865 | $2.41 | 1d | 15 | 0.56mi |
| 5900 Camino del Sol #206 Boca Raton, FL | 2.0 | 2.0 | 1230 | $2,450 | $1.99 | 26d | 1 | 0.58mi |
| 6832 Palmetto Cir S #201 Boca Raton, FL | 2.0 | 2.0 | 857 | $2,200 | $2.57 | 17d | 1 | 0.59mi |
| 5801 Coach House Cir Unit B Boca Raton, FL | 2.0 | 2.0 | 1269 | $2,800 | $2.21 | 9d | 1 | 0.64mi |
| 5800 Camino del Sol #306 Boca Raton, FL | 2.0 | 2.0 | 1230 | $2,775 | $2.26 | 26d | 1 | 0.65mi |
| 5800 Camino del Sol #102 Boca Raton, FL | 2.0 | 2.0 | 1254 | $2,600 | $2.07 | 0d | 1 | 0.65mi |
| 5520 Coach House Cir Unit G Boca Raton, FL | 2.0 | 2.0 | 1110 | $3,000 | $2.70 | 7d | 1 | 0.67mi |
| 6874 Palmetto Cir S Boca Raton, FL | 2.0 | 2.0 | 1260 | $2,715 | $2.15 | 0d | 1 | 0.68mi |
| 6874 Palmetto Cir S Boca Raton, FL | 2.0 | 2.0 | 1260 | $2,750 | $2.18 | 1d | 1 | 0.68mi |
| 5580 Coach House Cir Unit F Boca Raton, FL | 2.0 | 2.0 | 1110 | $2,850 | $2.57 | 26d | 1 | 0.70mi |
| 5851 Camino del Sol #203 Boca Raton, FL | 2.0 | 2.0 | 1254 | $2,800 | $2.23 | 26d | 1 | 0.71mi |
| 22322 Pineapple Walk Dr Boca Raton, FL | 3.0 | 3.0 | 1367 | $2,950 | $2.16 | 17d | 1 | 0.72mi |
| 22322 Pineapple Walk Dr Boca Raton, FL | 3.0 | 3.0 | 1367 | $3,275 | $2.40 | 26d | 1 | 0.72mi |
| 5590 Coach House Cir Unit A Boca Raton, FL | 2.0 | 2.0 | 1241 | $3,200 | $2.58 | 26d | 1 | 0.73mi |
| 5590 Coach House Cir Unit A Boca Raton, FL | 2.0 | 2.0 | 1242 | $3,200 | $2.58 | 24d | 1 | 0.73mi |
| 5750 Coach House Cir Unit G Boca Raton, FL | 2.0 | 2.0 | 1110 | $3,000 | $2.70 | 1d | 1 | 0.76mi |
| 5750 Coach House Cir Unit G Boca Raton, FL | 2.0 | 2.0 | 1110 | $3,000 | $2.70 | 4d | 1 | 0.76mi |
| 5749 Camino del Sol #202 Boca Raton, FL | 2.0 | 2.0 | 1254 | $3,000 | $2.39 | 26d | 1 | 0.79mi |
| 22356 Calibre Ct Unit 401 Boca Raton, FL | 2.0 | 2.0 | 1075 | $2,720 | $2.53 | 18d | 1 | 0.81mi |
HOA detail condo
- Monthly dues
- $781 · $9,372/yr
- Likely covers
- pool
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 33 events
-
2026-06-21days on market $245,000 Active 687 DOM
-
2026-06-18days on market $245,000 Active 684 DOM
-
2026-06-17days on market $245,000 Active 683 DOM
-
2026-06-16days on market $245,000 Active 682 DOM
-
2026-06-15days on market $245,000 Active 681 DOM
-
2026-06-13days on market $245,000 Active 679 DOM
-
2026-06-09days on market $245,000 Active 675 DOM
-
2026-06-07days on market $245,000 Active 673 DOM
-
2026-06-04days on market $245,000 Active 670 DOM
-
2026-06-03days on market $245,000 Active 669 DOM
-
2026-06-01days on market $245,000 Active 667 DOM
-
2026-05-31days on market $245,000 Active 666 DOM
-
2026-05-08$2,800
-
2026-03-31historical $2,800
-
2026-02-14$2,800
-
2026-02-14historical $2,800
-
2026-02-13$2,800
-
2026-02-02historical $2,800
-
2026-01-24price $245,000
-
2025-08-04price $285,000
-
2025-08-04status Active
-
2025-08-04historical
-
2025-06-19$2,800
-
2025-04-04price $299,000
-
2024-12-22price $305,000
-
2024-12-22price $3,200,000
-
2024-08-03$335,000 Active
-
2013-09-22historical
-
2003-10-03soldstatus $155,000 763-char remark
Show marketing remark (763 chars)
MAGESTIC VIEW OF BOCA DEL MAR GOLF CLUB FROM MOST ROOMS. WALK TO GOLF CLUB. THIS 2 BEDROOM CONDO ON THE 3RD FLOOR FEATURES;UPDATED KITCHEN, NEW APPLIANCES, NEW SINK, NEW DISPOSDOSAL, NEW WAHSER AND DRYER, NEW CARPETS, NEW VERTICALS,NEW LIGHT FIXTURES, EXTRA SHELVES IN CLOSET, HIGH EFFICIENCY SAFE HURRICANE SHUTTERS. CLOSEST PARKING TO BUILDINGFOR CONVENIENCE. MOVE IN CONDITION. ACTIVE CLUB HOUSE, WITH HEATED POOL, SAUNA, SPA, EXERCISE ROOM, CARD ROOM, RECENTLY RENOVATED CLUBHOUSE AND LOBBIES, CLOSE TO GREAT SHOPPING, RESTAURANTS AND YMCA. GREAT PLACE TO LIVE AND INVEST IN YOUR FUTURE. 55 COMMUNITY, UNDER 55 OK NEW AIR COMPRESSOR AND NEW TRANE AR HANDLER INSTALLED SEPTEMBER 2, 2003 SOLD AS IS FOR THE CONVENIENCE OF THE SELLER. VACANT,VACANT,VACANT,VACANT
-
2003-08-27historical 763-char remark
Show marketing remark (763 chars)
MAGESTIC VIEW OF BOCA DEL MAR GOLF CLUB FROM MOST ROOMS. WALK TO GOLF CLUB. THIS 2 BEDROOM CONDO ON THE 3RD FLOOR FEATURES;UPDATED KITCHEN, NEW APPLIANCES, NEW SINK, NEW DISPOSDOSAL, NEW WAHSER AND DRYER, NEW CARPETS, NEW VERTICALS,NEW LIGHT FIXTURES, EXTRA SHELVES IN CLOSET, HIGH EFFICIENCY SAFE HURRICANE SHUTTERS. CLOSEST PARKING TO BUILDINGFOR CONVENIENCE. MOVE IN CONDITION. ACTIVE CLUB HOUSE, WITH HEATED POOL, SAUNA, SPA, EXERCISE ROOM, CARD ROOM, RECENTLY RENOVATED CLUBHOUSE AND LOBBIES, CLOSE TO GREAT SHOPPING, RESTAURANTS AND YMCA. GREAT PLACE TO LIVE AND INVEST IN YOUR FUTURE. 55 COMMUNITY, UNDER 55 OK NEW AIR COMPRESSOR AND NEW TRANE AR HANDLER INSTALLED SEPTEMBER 2, 2003 SOLD AS IS FOR THE CONVENIENCE OF THE SELLER. VACANT,VACANT,VACANT,VACANT
-
2003-08-21$162,900 763-char remark
Show marketing remark (763 chars)
MAGESTIC VIEW OF BOCA DEL MAR GOLF CLUB FROM MOST ROOMS. WALK TO GOLF CLUB. THIS 2 BEDROOM CONDO ON THE 3RD FLOOR FEATURES;UPDATED KITCHEN, NEW APPLIANCES, NEW SINK, NEW DISPOSDOSAL, NEW WAHSER AND DRYER, NEW CARPETS, NEW VERTICALS,NEW LIGHT FIXTURES, EXTRA SHELVES IN CLOSET, HIGH EFFICIENCY SAFE HURRICANE SHUTTERS. CLOSEST PARKING TO BUILDINGFOR CONVENIENCE. MOVE IN CONDITION. ACTIVE CLUB HOUSE, WITH HEATED POOL, SAUNA, SPA, EXERCISE ROOM, CARD ROOM, RECENTLY RENOVATED CLUBHOUSE AND LOBBIES, CLOSE TO GREAT SHOPPING, RESTAURANTS AND YMCA. GREAT PLACE TO LIVE AND INVEST IN YOUR FUTURE. 55 COMMUNITY, UNDER 55 OK NEW AIR COMPRESSOR AND NEW TRANE AR HANDLER INSTALLED SEPTEMBER 2, 2003 SOLD AS IS FOR THE CONVENIENCE OF THE SELLER. VACANT,VACANT,VACANT,VACANT
-
2003-06-28$162,900
-
1999-01-20soldstatus $95,000
ⓘ 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
- $1,381 · $115/mo
- Projected year-2 tax
- $2,034 · $169/mo
- Expected delta
- +$652/yr (+$54/mo · 47.2%)
ⓘ 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 7 d/yr ≥107°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 · 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
- $32,249
- − Mortgage interest
- −$13,724
- − Property taxes
- −$1,381
- − Insurance
- −$1,225
- − Repairs & maintenance
- −$2,580
- − Management
- −$2,580
- − HOA
- −$9,372
- − Depreciation
- −$7,127
- Taxable loss
- −$5,740
- Est. tax savings @ 24.0%
- +$1,378
- After-tax cash flow
- $-542/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 — 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
- County
- Palm Beach County · 1,438,312 people
- City population
- 250,102
- Metro
- Miami-Fort Lauderdale-Pompano Beach, FL
- Population (ZIP)
- 47,005
- Household income
- $84,091
- Rent vs Own
- Severe rent burden
- 2900.0
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% Hispanic / Latino 18% Two or more races 15% Asian 4% Black 2%
- Hispanic origin (detail)
- Mexican 1% Puerto Rican 2% Cuban 2% Dominican 1%
- Common ancestry
- Romanian 6% Scotch-Irish 5% Russian 3%
- Foreign-born
- 27% · Canada, Jamaica, China
- Languages at home
- 65% English-only · Spanish 15% Other Indo-European 10% Russian/Polish/Slavic 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
- ▼ -227.85%
- Current HPI
- 306.738
- Rent YoY
- ▲ 0.33%
- 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
-97.1% since first listed21 events — show timeline
- 2026-05-08 Listed for Rent $2,800 RMLSFL
- 2026-03-31 Rental Removed $2,800 RMLSFL
- 2026-02-14 Listed for Rent $2,800 RMLSFL
- 2026-02-14 Rental Removed $2,800 GFLMLS
- 2026-02-13 Listed for Rent $2,800 GFLMLS
- 2026-02-02 Rental Removed $2,800 RMLSFL
- 2026-01-24 Price Changed $245,000 Beaches MLS
- 2025-08-04 Price Changed $285,000 Beaches MLS
- 2025-08-04 Relisted — Beaches MLS
- 2025-08-04 Listing Removed — Beaches MLS
- 2025-06-19 Listed for Rent $2,800 RMLSFL
- 2025-04-04 Price Changed $299,000 Beaches MLS
- 2024-12-22 Price Changed $305,000 Beaches MLS
- 2024-12-22 Price Changed $3,200,000 Beaches MLS
- 2024-08-03 Listed $335,000 Beaches MLS
- 2013-09-22 Listing Removed — Beaches MLS
- 2003-10-03 Sold (MLS) $155,000 Beaches MLS
- 2003-08-27 Listing Removed — Beaches MLS
- 2003-08-21 Listed $162,900 Beaches MLS
- 2003-06-28 Listed $162,900 Beaches MLS
- 1999-01-20 Sold (Public Records) $95,000 Public Records
Property tax history
-0.6%/yrLatest (2025): $1,381 · +4.6% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…