207 Tuscany D #207 · Delray Beach, FL 33446

$108,000

1 bd · 1.5 ba · 720 sqft · Condo · 25 Days on market

Built 1973 Good condition $620/mo HOA · 37% of rent ↓ 12% since listing

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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 +10.3/30.0
• 1% rule +10.0/10.0
• ARV discount +7.5/15.0
• Appreciation +5.3/10.0
• Schools +4.3/10.0
• Livability +3.9/5.0
• Condition / age +3.8/5.0
• DSCR +3.0/10.0
• Rent growth +2.6/5.0

Listing remarks MLS

GREAT OPPORTUNITY! AMAZING CONDO 1 BED 1 BATH READY and PRICED TO SELL! BRING YOUR CLIENT TO LIVE IN THIS VIBRANT +55 MANNED GATED COMMUNITY IN DELRAY BEACH OFFERING A WEALTH OF AMENITIES DESIGNATED TO PROMOTE AN ACTIVE AND SOCIAL LIFESTYLE. FITNESS CENTERS, TWO 18 HOLES GOLF COURSES WITH NO MEMBERSHIP FEE, CLUB HOUSES, ART THEATER, FREE MOVIES, PICKLE BALL and TENNIS CT, BEAUTY SHOP, POOLS, CAFE, 2 RESTAURANTS (1 W/ BAR), LIBRARY, SOCIAL ROOMS. LOCATED BETWEEN I95 and TURNPIKE, CLOSE TO THE BEACHES, DINING, SHOPPING, MEDICAL CENTER, PLASES OF WORSHIP, ART CULTURE, TRENDY ATLANTIC AVE, DELRAY MARKETPLACE AND MORE. INSTRUCTIONS AT BROKERS REMARKS. NEW LANDLORD HAS TO LIVE THE 1ST YEAR IN THE PROPERTY THEN CAN RENT

Key facts

• Samsung dishwasher
• Samsung oven
• Samsung microwave

Tags

• SAMSUNG MICROWAVE
• SAMSUNG OVEN
• SAMSUNG DISHWASHER
• NEW CABINETS IN KITCHEN
• NEW QUARTZ COUNTERTOP
• NEW HIGH TOP LIGHTING

Property features AI

Finance

• HOA & community: Association: Tuscany D / Kings Point; Monthly association fee; Association covers cable TV and common areas; Community amenities include: billiard room, cabana, clubhouse, fitness center, golf course, picnic area, pool (heated pool), tennis courts, business center, community room, courtesy bus, and recreation facilities; Senior community

Exterior

• Parking: Assigned parking; One open parking space (total parking 1)
• Security: Gated community with guard; Smoke detectors
• Utilities: Public water; Public sewer; Cable available; Electricity available
• Home design: Condominium; One level; East-facing; Updated/remodeled condition; Part of Tuscany D building (2-story building)
• Construction: CBS construction
• Exterior features: Not waterfront; Other-type roof

Interior

• Kitchen: Disposal; Dishwasher; Electric range; Microwave; Refrigerator
• Bedrooms: One main-level bedroom
• Flooring: Tile; Vinyl
• Bathrooms: One full bathroom; One half bathroom
• Heating & cooling: Central heating; Central air; Ceiling fan(s)
• Interior features: Plantation shutters on windows; Unfurnished
• Laundry & utility: In-unit laundry

What this means for you Summary

Snapshot

• This is a 1-bed/1.5-bath condo listed at $108k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-59 ($-706/yr) — negative.
• To cash-flow at today's rent, offer at most $99k (7.9% below list).
• Meets the 1% rule at list price ($2k rent vs $108k).
• Recommended offer: $99k (7.9% below list) — sets the bar for cash-flow.
• Cap rate 5.6% vs local median 4.3% in Delray Beach — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 77/100 on livability (#202 in FL, #3,160 nationally) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, commute A-; Watch: cost of living C-, crime D-, amenities F.
• Palm Beach (suburban): math 46% / reading 53% proficiency, ranked #34 of 73 in FL (top 47%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Orchard View Elementary School (math 48% / reading 47%, grade D, #1,182 of 2,144 statewide, top 55%, 596 students, 76% FRL); Carver Middle School (math 22% / reading 34%, grade F, #486 of 571 statewide, top 86%, 732 students, 73% FRL); Spanish River Community High School (math 64% / reading 74%, grade B, #63 of 667 statewide, top 10%, 2,578 students, 25% FRL).
• Market conditions: Rents flat; 584 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 20d 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

• In year one you build about $1k of equity ($747 loan paydown + $742 appreciation (0.7% local appreciation)).
• 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 25 days — a 2% lower offer ($106k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 2y ago; this cycle's ask has dropped $7k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $48k; list at $108k implies a 125% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: HOA is 37% of rent.

Recommended offer $99,481 (7.9% below list)

Questions for the listing agent

1. 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?
2. Built in 1973 — 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
7. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.53% ✓
• Cap rate: 5.64%
• Cash-on-cash: -2.34%
• DSCR: 0.90
• GRM: 5.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

0.69% appreciation · 0.51% rent growth · sell at horizon

5-year hold

• IRR: -4.8%
• Equity multiple: 0.77×
• Total profit: $-7,015
• Equity at exit: $35,120

10-year hold

• IRR: -2.1%
• Equity multiple: 0.78×
• Total profit: $-6,799
• Equity at exit: $45,347

Cash invested: $30,240 (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 33446

• Home prices YoY: 0.3%
• Rents YoY: 0.5%
• Active inventory: 584
• Price-to-rent: 5.4×

Monthly cashflow live

• Estimated rent: $1,655 high
• Mortgage (P&I): −$566
• Tax est. 1.5%: −$135 /mo · $1,620/yr
• Insurance: −$45
• HOA: −$620
• Vacancy / Maint / Mgmt: −$348
• Net cashflow: $-59

Break-even live

Break-even rent $1,730

Max offer price $99,481

Occupancy floor 99%

Sensitivity live

Price	-10% $16	-5% $-22	+0% $-59	+5% $-96	+10% $-134
Rent	-10% $-190	-5% $-124	+0% $-59	+5% $7	+10% $72
Rate	-1.0pp $-4	-0.5pp $-31	base $-59	+0.5pp $-87	+1.0pp $-115

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: $27,000
• Closing costs: $3,240
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
163 Tuscany C Unit C Delray Beach, FL	1.0	1.5	720	$1,300	$1.81	16d	1	0.10mi
102 Waterford D Unit 102 Delray Beach, FL	1.0	1.5	720	$1,900	$2.64	26d	1	0.10mi
43 Waterford B Delray Beach, FL	1.0	1.5	720	$1,400	$1.94	26d	1	0.20mi
6 Brittany a Delray Beach, FL	1.0	1.5	726	$1,400	$1.93	1d	1	0.21mi
270 Brittany F Unit F Delray Beach, FL	1.0	1.5	720	$1,600	$2.22	9d	1	0.26mi
419 Brittany I Delray Beach, FL	1.0	1.5	720	$1,450	$2.01	26d	1	0.26mi
159 Brittany Ter Unit 159 Delray Beach, FL	1.0	1.5	720	$1,795	$2.49	18d	1	0.26mi
242 Seville K Unit 242 Delray Beach, FL	1.0	1.5	720	$1,380	$1.92	26d	1	0.34mi
195 Monaco E Delray Beach, FL	1.0	1.5	728	$1,550	$2.13	26d	1	0.36mi
318 Seville N #318 Delray Beach, FL	1.0	1.5	720	$1,495	$2.08	26d	1	0.36mi
286 Monaco F Delray Beach, FL	1.0	2.0	726	$1,700	$2.34	26d	1	0.37mi
58 Monaco Blvd Unit 58 Delray Beach, FL	1.0	1.5	720	$1,650	$2.29	26d	1	0.37mi
175 Valencia H Delray Beach, FL	1.0	1.5	726	$1,500	$2.07	9d	1	0.39mi
154 Seville G Delray Beach, FL	1.0	1.0	720	$1,490	$2.07	16d	1	0.40mi
459 Monaco J #459 Delray Beach, FL	1.0	1.5	720	$1,400	$1.94	2d	1	0.40mi
459 Monaco Blvd Unit 459 Delray Beach, FL	1.0	1.5	720	$1,400	$1.94	1d	1	0.40mi
711 Monaco O Delray Beach, FL	1.0	1.5	720	$1,550	$2.15	26d	1	0.40mi
322 Seville N Delray Beach, FL	1.0	1.5	720	$1,495	$2.08	26d	1	0.40mi
451 Monaco Blvd Unit J Delray Beach, FL	1.0	1.5	720	$1,599	$2.22	26d	1	0.41mi
11 Brittany a Delray Beach, FL	1.0	1.5	725	$1,500	$2.07	9d	1	0.41mi
399 Brittany I Delray Beach, FL	1.0	1.5	720	$1,450	$2.01	14d	1	0.41mi
399 Brittany I Delray Beach, FL	1.0	1.5	720	$1,450	$2.01	20d	1	0.41mi
482 Monaco Blvd #482 Delray Beach, FL	1.0	1.5	726	$1,400	$1.93	26d	1	0.41mi
126 Seville E Delray Beach, FL	1.0	1.5	720	$1,450	$2.01	20d	1	0.42mi
675 Brittany O Delray Beach, FL	1.0	1.5	720	$1,500	$2.08	26d	1	0.44mi
15035 Michelangelo Blvd #202 Delray Beach, FL	1.0	1.0	700	$1,895	$2.71	0d	1	0.44mi
686 Brittany O Delray Beach, FL	1.0	1.5	720	$1,600	$2.22	26d	1	0.45mi
718 Brittany Park #718 Delray Beach, FL	1.0	1.5	720	$1,795	$2.49	18d	1	0.45mi
715 Saxony O Delray Beach, FL	1.0	1.5	726	$1,200	$1.65	26d	1	0.52mi
679 Saxony Way Delray Beach, FL	1.0	1.5	720	$1,600	$2.22	7d	1	0.52mi
594 Saxony Trl Unit 594 Delray Beach, FL	1.0	1.5	720	$1,550	$2.15	4d	1	0.58mi
662 Saxony N Delray Beach, FL	1.0	1.5	720	$1,450	$2.01	22d	1	0.58mi
123 Saxony C Delray Beach, FL	1.0	1.5	720	$2,500	$3.47	26d	1	0.58mi
23 Saxony a Delray Beach, FL	1.0	1.5	726	$1,300	$1.79	9d	1	0.58mi
594 Saxony Trl Unit 594 Delray Beach, FL	1.0	1.5	720	$1,650	$2.29	26d	1	0.58mi
111 Normandy Ln Delray Beach, FL	1.0	1.5	726	$1,450	$2.00	3d	1	0.58mi
111 Normandy Ln Delray Beach, FL	1.0	1.5	726	$1,450	$2.00	1d	1	0.58mi
370 Saxony H Delray Beach, FL	1.0	1.5	726	$1,500	$2.07	7d	1	0.60mi
99 Saxony C Delray Beach, FL	1.0	1.5	720	$2,500	$3.47	26d	1	0.67mi
151 Saxony D Delray Beach, FL	1.0	1.5	726	$1,500	$2.07	13d	1	0.68mi

HOA detail condo

• Monthly dues: $620 · $7,440/yr
• Likely covers: poolgymsecurity
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 29 events

1. 2026-06-21
   days on market $108,000 Active 25 DOM
2. 2026-06-18
   days on market $108,000 Active 22 DOM
3. 2026-06-17
   days on market $108,000 Active 21 DOM
4. 2026-06-16
   days on market $108,000 Active 20 DOM
5. 2026-06-15
   days on market $108,000 Active 19 DOM
6. 2026-06-13
   days on market $108,000 Active 17 DOM
7. 2026-06-09
   days on market $108,000 Active 13 DOM
8. 2026-06-08
   days on market $108,000 Active 12 DOM
9. 2026-06-08
   price $108,000 Active 11 DOM
10. 2026-06-07
    days on market $115,000 Active 11 DOM
11. 2026-06-04
    days on market $115,000 Active 8 DOM
12. 2026-06-03
    days on market $115,000 Active 7 DOM
13. 2026-06-02
    days on market $115,000 Active 6 DOM
14. 2026-06-01
    days on market $115,000 Active 5 DOM
15. 2026-05-31
    days on market $115,000 Active 4 DOM
16. 2026-05-27
    listed $115,000 Active
17. 2025-12-12
    soldstatus $48,000 Closed 723-char remark

    Show marketing remark (723 chars)

    GREAT OPPORTUNITY! AMAZING CONDO 1 BED 1 BATH READY and PRICED TO SELL! BRING YOUR CLIENT TO LIVE IN THIS VIBRANT +55 MANNED GATED COMMUNITY IN DELRAY BEACH OFFERING A WEALTH OF AMENITIES DESIGNATED TO PROMOTE AN ACTIVE AND SOCIAL LIFESTYLE. FITNESS CENTERS, TWO 18 HOLES GOLF COURSES WITH NO MEMBERSHIP FEE, CLUB HOUSES, ART THEATER, FREE MOVIES, PICKLE BALL and TENNIS CT, BEAUTY SHOP, POOLS, CAFE, 2 RESTAURANTS (1 W/ BAR), LIBRARY, SOCIAL ROOMS. LOCATED BETWEEN I95 and TURNPIKE, CLOSE TO THE BEACHES, DINING, SHOPPING, MEDICAL CENTER, PLASES OF WORSHIP, ART CULTURE, TRENDY ATLANTIC AVE, DELRAY MARKETPLACE AND MORE. INSTRUCTIONS AT BROKERS REMARKS. NEW LANDLORD HAS TO LIVE THE 1ST YEAR IN THE PROPERTY THEN CAN RENT

18. 2025-11-11
    historical Active Under Contract 723-char remark

    Show marketing remark (723 chars)

    GREAT OPPORTUNITY! AMAZING CONDO 1 BED 1 BATH READY and PRICED TO SELL! BRING YOUR CLIENT TO LIVE IN THIS VIBRANT +55 MANNED GATED COMMUNITY IN DELRAY BEACH OFFERING A WEALTH OF AMENITIES DESIGNATED TO PROMOTE AN ACTIVE AND SOCIAL LIFESTYLE. FITNESS CENTERS, TWO 18 HOLES GOLF COURSES WITH NO MEMBERSHIP FEE, CLUB HOUSES, ART THEATER, FREE MOVIES, PICKLE BALL and TENNIS CT, BEAUTY SHOP, POOLS, CAFE, 2 RESTAURANTS (1 W/ BAR), LIBRARY, SOCIAL ROOMS. LOCATED BETWEEN I95 and TURNPIKE, CLOSE TO THE BEACHES, DINING, SHOPPING, MEDICAL CENTER, PLASES OF WORSHIP, ART CULTURE, TRENDY ATLANTIC AVE, DELRAY MARKETPLACE AND MORE. INSTRUCTIONS AT BROKERS REMARKS. NEW LANDLORD HAS TO LIVE THE 1ST YEAR IN THE PROPERTY THEN CAN RENT

19. 2025-10-30
    status Active 723-char remark

    Show marketing remark (723 chars)

    GREAT OPPORTUNITY! AMAZING CONDO 1 BED 1 BATH READY and PRICED TO SELL! BRING YOUR CLIENT TO LIVE IN THIS VIBRANT +55 MANNED GATED COMMUNITY IN DELRAY BEACH OFFERING A WEALTH OF AMENITIES DESIGNATED TO PROMOTE AN ACTIVE AND SOCIAL LIFESTYLE. FITNESS CENTERS, TWO 18 HOLES GOLF COURSES WITH NO MEMBERSHIP FEE, CLUB HOUSES, ART THEATER, FREE MOVIES, PICKLE BALL and TENNIS CT, BEAUTY SHOP, POOLS, CAFE, 2 RESTAURANTS (1 W/ BAR), LIBRARY, SOCIAL ROOMS. LOCATED BETWEEN I95 and TURNPIKE, CLOSE TO THE BEACHES, DINING, SHOPPING, MEDICAL CENTER, PLASES OF WORSHIP, ART CULTURE, TRENDY ATLANTIC AVE, DELRAY MARKETPLACE AND MORE. INSTRUCTIONS AT BROKERS REMARKS. NEW LANDLORD HAS TO LIVE THE 1ST YEAR IN THE PROPERTY THEN CAN RENT

20. 2025-10-09
    historical Active Under Contract 723-char remark

    Show marketing remark (723 chars)

    GREAT OPPORTUNITY! AMAZING CONDO 1 BED 1 BATH READY and PRICED TO SELL! BRING YOUR CLIENT TO LIVE IN THIS VIBRANT +55 MANNED GATED COMMUNITY IN DELRAY BEACH OFFERING A WEALTH OF AMENITIES DESIGNATED TO PROMOTE AN ACTIVE AND SOCIAL LIFESTYLE. FITNESS CENTERS, TWO 18 HOLES GOLF COURSES WITH NO MEMBERSHIP FEE, CLUB HOUSES, ART THEATER, FREE MOVIES, PICKLE BALL and TENNIS CT, BEAUTY SHOP, POOLS, CAFE, 2 RESTAURANTS (1 W/ BAR), LIBRARY, SOCIAL ROOMS. LOCATED BETWEEN I95 and TURNPIKE, CLOSE TO THE BEACHES, DINING, SHOPPING, MEDICAL CENTER, PLASES OF WORSHIP, ART CULTURE, TRENDY ATLANTIC AVE, DELRAY MARKETPLACE AND MORE. INSTRUCTIONS AT BROKERS REMARKS. NEW LANDLORD HAS TO LIVE THE 1ST YEAR IN THE PROPERTY THEN CAN RENT

21. 2025-08-29
    status Active 723-char remark

    Show marketing remark (723 chars)

    GREAT OPPORTUNITY! AMAZING CONDO 1 BED 1 BATH READY and PRICED TO SELL! BRING YOUR CLIENT TO LIVE IN THIS VIBRANT +55 MANNED GATED COMMUNITY IN DELRAY BEACH OFFERING A WEALTH OF AMENITIES DESIGNATED TO PROMOTE AN ACTIVE AND SOCIAL LIFESTYLE. FITNESS CENTERS, TWO 18 HOLES GOLF COURSES WITH NO MEMBERSHIP FEE, CLUB HOUSES, ART THEATER, FREE MOVIES, PICKLE BALL and TENNIS CT, BEAUTY SHOP, POOLS, CAFE, 2 RESTAURANTS (1 W/ BAR), LIBRARY, SOCIAL ROOMS. LOCATED BETWEEN I95 and TURNPIKE, CLOSE TO THE BEACHES, DINING, SHOPPING, MEDICAL CENTER, PLASES OF WORSHIP, ART CULTURE, TRENDY ATLANTIC AVE, DELRAY MARKETPLACE AND MORE. INSTRUCTIONS AT BROKERS REMARKS. NEW LANDLORD HAS TO LIVE THE 1ST YEAR IN THE PROPERTY THEN CAN RENT

22. 2025-08-20
    historical Active Under Contract 723-char remark

    Show marketing remark (723 chars)

    GREAT OPPORTUNITY! AMAZING CONDO 1 BED 1 BATH READY and PRICED TO SELL! BRING YOUR CLIENT TO LIVE IN THIS VIBRANT +55 MANNED GATED COMMUNITY IN DELRAY BEACH OFFERING A WEALTH OF AMENITIES DESIGNATED TO PROMOTE AN ACTIVE AND SOCIAL LIFESTYLE. FITNESS CENTERS, TWO 18 HOLES GOLF COURSES WITH NO MEMBERSHIP FEE, CLUB HOUSES, ART THEATER, FREE MOVIES, PICKLE BALL and TENNIS CT, BEAUTY SHOP, POOLS, CAFE, 2 RESTAURANTS (1 W/ BAR), LIBRARY, SOCIAL ROOMS. LOCATED BETWEEN I95 and TURNPIKE, CLOSE TO THE BEACHES, DINING, SHOPPING, MEDICAL CENTER, PLASES OF WORSHIP, ART CULTURE, TRENDY ATLANTIC AVE, DELRAY MARKETPLACE AND MORE. INSTRUCTIONS AT BROKERS REMARKS. NEW LANDLORD HAS TO LIVE THE 1ST YEAR IN THE PROPERTY THEN CAN RENT

23. 2025-08-01
    price $59,000 723-char remark

    Show marketing remark (723 chars)

    GREAT OPPORTUNITY! AMAZING CONDO 1 BED 1 BATH READY and PRICED TO SELL! BRING YOUR CLIENT TO LIVE IN THIS VIBRANT +55 MANNED GATED COMMUNITY IN DELRAY BEACH OFFERING A WEALTH OF AMENITIES DESIGNATED TO PROMOTE AN ACTIVE AND SOCIAL LIFESTYLE. FITNESS CENTERS, TWO 18 HOLES GOLF COURSES WITH NO MEMBERSHIP FEE, CLUB HOUSES, ART THEATER, FREE MOVIES, PICKLE BALL and TENNIS CT, BEAUTY SHOP, POOLS, CAFE, 2 RESTAURANTS (1 W/ BAR), LIBRARY, SOCIAL ROOMS. LOCATED BETWEEN I95 and TURNPIKE, CLOSE TO THE BEACHES, DINING, SHOPPING, MEDICAL CENTER, PLASES OF WORSHIP, ART CULTURE, TRENDY ATLANTIC AVE, DELRAY MARKETPLACE AND MORE. INSTRUCTIONS AT BROKERS REMARKS. NEW LANDLORD HAS TO LIVE THE 1ST YEAR IN THE PROPERTY THEN CAN RENT

24. 2025-06-24
    price $69,000 723-char remark

    Show marketing remark (723 chars)

    GREAT OPPORTUNITY! AMAZING CONDO 1 BED 1 BATH READY and PRICED TO SELL! BRING YOUR CLIENT TO LIVE IN THIS VIBRANT +55 MANNED GATED COMMUNITY IN DELRAY BEACH OFFERING A WEALTH OF AMENITIES DESIGNATED TO PROMOTE AN ACTIVE AND SOCIAL LIFESTYLE. FITNESS CENTERS, TWO 18 HOLES GOLF COURSES WITH NO MEMBERSHIP FEE, CLUB HOUSES, ART THEATER, FREE MOVIES, PICKLE BALL and TENNIS CT, BEAUTY SHOP, POOLS, CAFE, 2 RESTAURANTS (1 W/ BAR), LIBRARY, SOCIAL ROOMS. LOCATED BETWEEN I95 and TURNPIKE, CLOSE TO THE BEACHES, DINING, SHOPPING, MEDICAL CENTER, PLASES OF WORSHIP, ART CULTURE, TRENDY ATLANTIC AVE, DELRAY MARKETPLACE AND MORE. INSTRUCTIONS AT BROKERS REMARKS. NEW LANDLORD HAS TO LIVE THE 1ST YEAR IN THE PROPERTY THEN CAN RENT

25. 2025-05-07
    price $70,000 723-char remark

    Show marketing remark (723 chars)

    GREAT OPPORTUNITY! AMAZING CONDO 1 BED 1 BATH READY and PRICED TO SELL! BRING YOUR CLIENT TO LIVE IN THIS VIBRANT +55 MANNED GATED COMMUNITY IN DELRAY BEACH OFFERING A WEALTH OF AMENITIES DESIGNATED TO PROMOTE AN ACTIVE AND SOCIAL LIFESTYLE. FITNESS CENTERS, TWO 18 HOLES GOLF COURSES WITH NO MEMBERSHIP FEE, CLUB HOUSES, ART THEATER, FREE MOVIES, PICKLE BALL and TENNIS CT, BEAUTY SHOP, POOLS, CAFE, 2 RESTAURANTS (1 W/ BAR), LIBRARY, SOCIAL ROOMS. LOCATED BETWEEN I95 and TURNPIKE, CLOSE TO THE BEACHES, DINING, SHOPPING, MEDICAL CENTER, PLASES OF WORSHIP, ART CULTURE, TRENDY ATLANTIC AVE, DELRAY MARKETPLACE AND MORE. INSTRUCTIONS AT BROKERS REMARKS. NEW LANDLORD HAS TO LIVE THE 1ST YEAR IN THE PROPERTY THEN CAN RENT

26. 2025-04-15
    listed $80,000 Active 723-char remark

    Show marketing remark (723 chars)

    GREAT OPPORTUNITY! AMAZING CONDO 1 BED 1 BATH READY and PRICED TO SELL! BRING YOUR CLIENT TO LIVE IN THIS VIBRANT +55 MANNED GATED COMMUNITY IN DELRAY BEACH OFFERING A WEALTH OF AMENITIES DESIGNATED TO PROMOTE AN ACTIVE AND SOCIAL LIFESTYLE. FITNESS CENTERS, TWO 18 HOLES GOLF COURSES WITH NO MEMBERSHIP FEE, CLUB HOUSES, ART THEATER, FREE MOVIES, PICKLE BALL and TENNIS CT, BEAUTY SHOP, POOLS, CAFE, 2 RESTAURANTS (1 W/ BAR), LIBRARY, SOCIAL ROOMS. LOCATED BETWEEN I95 and TURNPIKE, CLOSE TO THE BEACHES, DINING, SHOPPING, MEDICAL CENTER, PLASES OF WORSHIP, ART CULTURE, TRENDY ATLANTIC AVE, DELRAY MARKETPLACE AND MORE. INSTRUCTIONS AT BROKERS REMARKS. NEW LANDLORD HAS TO LIVE THE 1ST YEAR IN THE PROPERTY THEN CAN RENT

27. 2025-03-19
    historical
28. 2024-09-09
    price $98,000
29. 2024-06-21
    listed $130,000 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Taxation est. · year 1

• Rental income: $19,861
• − Mortgage interest: −$6,050
• − Property taxes: −$1,620
• − Insurance: −$540
• − Repairs & maintenance: −$1,589
• − Management: −$1,589
• − HOA: −$7,440
• − Depreciation: −$3,142
• Taxable loss: −$2,109
• Est. tax savings @ 24.0%: +$506
• After-tax cash flow: $-200/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 · 1 photo

Good 75/100 Cosmetic rehab

This condo is in good condition with recent renovations, including new kitchen and bathroom fixtures. It's ready for move-in and would benefit from exterior and landscaping improvements to maximize its resale and rental value.

Value-add opportunities

• Both Painting exterior and interior walls — Enhances curb appeal and interior aesthetics.
• Both Landscaping and curb appeal improvements — Improves property's visual appeal and marketability.
• Both Replace light fixtures with energy-efficient ones — Saves on energy costs and enhances home's curb appeal.
• Both Install smart home devices for energy efficiency and convenience — Attracts tech-savvy buyers and renters, and reduces utility costs.

Renovation cost estimate screening

Value-add ROI direction

• Both Painting exterior and interior walls — Enhances curb appeal and interior aesthetics. ↑
• Both Landscaping and curb appeal improvements — Improves property's visual appeal and marketability. ↑
• Both Replace light fixtures with energy-efficient ones — Saves on energy costs and enhances home's curb appeal. ↑
• Both Install smart home devices for energy efficiency and convenience — Attracts tech-savvy buyers and renters, and reduces utility costs. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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): 28,431
• Household income: $80,187
• Rent vs Own: 11.4% rent · 88.6% own
• Severe rent burden: 494.0

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 (79%)
• Race & ethnicity: White 79% Hispanic / Latino 13% Two or more races 9% Black 4%
• Hispanic origin (detail): Puerto Rican 3% Dominican 1%
• Common ancestry: Romanian 9% Scotch-Irish 9% Italian 2%
• Foreign-born: 20% · Canada, Jamaica, Guatemala
• Languages at home: 80% English-only · Spanish 12% Other Indo-European 2% 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: ▲ 0.69%
• Current HPI: 242.5138
• Rent YoY: ▲ 0.51%
• 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

-11.5% since first listed

14 events — show timeline

• 2026-05-27 Listed $115,000 Beaches MLS
• 2025-12-12 Sold (MLS) $48,000 MARMLS
• 2025-11-11 Contingent — MARMLS
• 2025-10-30 Relisted — MARMLS
• 2025-10-09 Contingent — MARMLS
• 2025-08-29 Relisted — MARMLS
• 2025-08-20 Contingent — MARMLS
• 2025-08-01 Price Changed $59,000 MARMLS
• 2025-06-24 Price Changed $69,000 MARMLS
• 2025-05-07 Price Changed $70,000 MARMLS
• 2025-04-15 Listed $80,000 MARMLS
• 2025-03-19 Listing Removed — MARMLS
• 2024-09-09 Price Changed $98,000 MARMLS
• 2024-06-21 Listed $130,000 MARMLS