725 Lori Dr #203 · Palm Springs, FL 33461

$64,500

1 bd · 1.0 ba · 695 sqft · Condo public records · 89 Days on market

Built 1974 $820/mo HOA · 51% of rent

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +18.7/30.0
• 1% rule +10.0/10.0
• ARV discount +7.5/15.0
• DSCR +5.9/10.0
• Schools +4.3/10.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Rent growth +1.9/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

ELEVATOR BLDG, NEW 16" CER TILE, NEW PAINT, NEWER RANGE & FRIDGE,RESCRN BALC OVERLOOKS CANAL,QUIET LOCATION, LAUNDRY ROOM, 2 HEATED POOLS, CLUB HOUSE W LOTS OF ACTIVITIES, NEW FURNITURE, TURNKEY. BUS SERVICE AVAIL. COMPLEX HAS GOLF TRIPS, BOWLING TRIPS, MOVIES IN THE CLUBHOUSE, DANCES BOCCI CT, SHUFFLEBOARD CT, CERAMICS CLASSES, SEWING, CARD ROOM, POOL TABLES EXERCISE EQUIP, BRIDGE CLUB, GREAT PLACE TO LIVE FOR LITTLE MONEY. CLOSE TO BEACH, SHOPPING, TRANSPORTATION, RESTAURANTS, ETC.

Key facts

• Canal view
• Billiards
• Gym

Tags

• CANAL VIEW
• DEDICATED PARKING SPACE
• TWO POOLS
• GYM
• LIBRARY
• BILLIARDS

Property features AI

Finance

• Financial info: Pets not allowed; Senior community
• HOA & community: Monthly association fee (amount listed separately); Association amenities include: Billiard room, Clubhouse, Elevators, Fitness center, Laundry, On-site management, Parking, Pool, Manager on site, Bocce ball, Community room, Courtesy bus, Internet included, Library, Sidewalks, Street lights; Association fee covers cable TV, insurance, ground maintenance, pest control, sewer, trash, water, common areas, elevator

Exterior

• Parking: Assigned parking; Guest parking; Total of 1 parking space
• Utilities: Public water; Public sewer; Cable available; Water available; Sewer available
• Home design: Condominium; Multi-level (split) with one level; Resale
• Construction: CBS construction; Shingle roof; 3-story building
• Exterior features: Screened patio; Patio; Waterfront

Interior

• Kitchen: Electric range; Microwave; Refrigerator
• Bedrooms: 1 bedroom on the main level
• Flooring: Carpet; Ceramic tile
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating (electric); Central air; Ceiling fan(s)
• Interior features: Walk-in closet(s); Blinds
• Laundry & utility: Common area laundry; Electric water heater

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $64k.

Deal economics

• At list price, monthly cash flow is $64 ($772/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $64k).
• Recommended offer: $61k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 73/100 on livability (#297 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A; Watch: employment D+, amenities F, commute 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: Clifford O Taylor/Kirklane Elementary (math 26% / reading 34%, grade F, #1,882 of 2,144 statewide, top 88%, 1,230 students, 80% FRL); John I. Leonard High School (math 17% / reading 35%, grade F, #494 of 667 statewide, top 75%, 3,549 students, 67% FRL) — zoned schools average 74% FRL vs 52% district-wide (22 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 28% at this address vs 50% district-wide (-22 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 soft (-2.5%/yr); 274 active listings in the ZIP; 19 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 3,974 units permitted in Palm Beach County in 2024 (1,012 in 5+ unit buildings).
• This rent runs 31% of the median local income ($62k/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 $446 of loan paydown is wiped out by about $2k 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 89 days — a 6% lower offer ($61k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 23y ago; this cycle's ask has dropped $6k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $47k; 37% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: HOA is 51% of rent.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y — expect insurance premiums to compound above CPI over the hold.

Recommended offer $60,630 (6.0% below list)

Questions for the listing agent

1. It's been on market 89 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 2.51% ✓
• Cap rate: 7.49%
• Cash-on-cash: 4.27%
• DSCR: 1.19
• GRM: 3.3

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -17.9%
• Equity multiple: 0.41×
• Total profit: $-10,606
• Equity at exit: $9,617

10-year hold

• IRR: -60.3%
• Equity multiple: -0.12×
• Total profit: $-20,293
• Equity at exit: $5,577

Cash invested: $18,060 (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 33461

• Rents YoY: -2.5%
• Active inventory: 274
• Price-to-rent: 3.3×

Monthly cashflow live

• Estimated rent: $1,621 high
• Mortgage (P&I): −$338
• Tax from tax record: −$31 /mo · $371/yr
• Insurance: −$27
• HOA: −$820
• Vacancy / Maint / Mgmt: −$340
• Net cashflow: $64

Break-even live

Break-even rent $1,539

Max offer price $64,500

Occupancy floor 91%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $16,125
• Closing costs: $1,935
• Reserves months: —
• Total cash needed: —

Rent comps 19 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
300 Bonnie Blvd #144 Palm Springs, FL	1.0	1.0	702	$1,350	$1.92	24d	1	0.25mi
200 Bonnie Blvd #132 Palm Springs, FL	1.0	1.0	577	$1,500	$2.60	22d	1	0.26mi
240 Alemeda Dr Palm Springs, FL	1.0–2.0	1.0–2.0	825	$1,650	$2.00	24d	3	0.27mi
2085 S Congress Ave Palm Springs, FL	1.0–3.0	1.0–2.0	963	$2,055	$2.13	1d	14	0.32mi
246 Cypress Ln Lake Worth Beach, FL	1.0–2.0	1.0	850	$1,550	$1.82	24d	2	0.33mi
436 Fontana Dr Lake Worth, FL	1.0	1.0	550	$1,375	$2.50	22d	1	0.54mi
436 Fontana Dr Lake Worth, FL	1.0	1.0	550	$1,450	$2.64	24d	1	0.54mi
555 Kirk Rd Palm Springs, FL	1.0	1.0	670	$2,352	$3.51	13d	1	0.68mi
555 Kirk Rd Palm Springs, FL	1.0	1.0	625	$2,268	$3.63	7d	1	0.68mi
555 Purdy Ln Palm Springs, FL	1.0	1.0	650	$1,375	$2.12	5d	1	0.77mi
500 Village Green Cir W Palm Springs, FL	1.0–2.0	1.0–1.5	739	$1,400	$1.89	24d	2	0.79mi
600 Village Green Ct #203 Palm Springs, FL	1.0	1.0	650	$1,300	$2.00	3d	1	0.80mi
4403 Anna Ln Unit B Palm Springs, FL	1.0	1.0	740	$1,600	$2.16	7d	1	1.07mi
1755 Forest Hill Blvd Lake Clarke Shores, FL	1.0	1.0	662	$1,595	$2.41	7d	1	1.13mi
2566 Garden Dr S Lake Worth Beach, FL	1.0	1.0	744	$1,395	$1.88	24d	1	1.27mi
965 Manor Dr Palm Springs, FL	2.0	1.0	687	$1,722	$2.51	1d	5	1.37mi
3260 Hi St Unit B Lake Worth Beach, FL	1.0	1.0	400	$1,700	$4.25	24d	1	1.39mi
3263 Kirk Rd #2 Lake Worth, FL	1.0	1.0	619	$1,650	$2.67	7d	1	1.47mi
3263 Kirk Rd #2 Lake Worth, FL	1.0	1.0	619	$1,650	$2.67	24d	1	1.47mi

HOA detail condo

• Monthly dues: $820 · $9,840/yr
• Likely covers: pool
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 23 events

1. 2026-06-18
   days on market $64,500 Active 89 DOM
2. 2026-06-17
   days on market $64,500 Active 88 DOM
3. 2026-06-16
   days on market $64,500 Active 87 DOM
4. 2026-06-15
   days on market $64,500 Active 86 DOM
5. 2026-06-13
   days on market $64,500 Active 84 DOM
6. 2026-06-09
   days on market $64,500 Active 80 DOM
7. 2026-06-08
   days on market $64,500 Active 79 DOM
8. 2026-06-07
   days on market $64,500 Active 78 DOM
9. 2026-06-04
   days on market $64,500 Active 75 DOM
10. 2026-06-03
    days on market $64,500 Active 74 DOM
11. 2026-06-02
    days on market $64,500 Active 73 DOM
12. 2026-06-01
    days on market $64,500 Active 72 DOM
13. 2026-05-31
    days on market $64,500 Active 71 DOM
14. 2026-04-18
    price $64,500
15. 2026-03-20
    listed $70,000 Active
16. 2026-02-10
    historical
17. 2025-12-30
    listed $74,500 Active
18. 2005-02-23
    soldstatus $47,000
19. 2003-11-24
    soldstatus $27,000
20. 2003-11-20
    soldstatus $27,500 497-char remark

    Show marketing remark (497 chars)

    ELEVATOR BLDG, NEW 16" CER TILE, NEW PAINT, NEWER RANGE & FRIDGE,RESCRN BALC OVERLOOKS CANAL,QUIET LOCATION, LAUNDRY ROOM, 2 HEATED POOLS, CLUB HOUSE W LOTS OF ACTIVITIES, NEW FURNITURE, TURNKEY. BUS SERVICE AVAIL. COMPLEX HAS GOLF TRIPS, BOWLING TRIPS, MOVIES IN THE CLUBHOUSE, DANCES BOCCI CT, SHUFFLEBOARD CT, CERAMICS CLASSES, SEWING, CARD ROOM, POOL TABLES EXERCISE EQUIP, BRIDGE CLUB, GREAT PLACE TO LIVE FOR LITTLE MONEY. CLOSE TO BEACH, SHOPPING, TRANSPORTATION, RESTAURANTS, ETC.

21. 2003-11-03
    historical 497-char remark

    Show marketing remark (497 chars)

    ELEVATOR BLDG, NEW 16" CER TILE, NEW PAINT, NEWER RANGE & FRIDGE,RESCRN BALC OVERLOOKS CANAL,QUIET LOCATION, LAUNDRY ROOM, 2 HEATED POOLS, CLUB HOUSE W LOTS OF ACTIVITIES, NEW FURNITURE, TURNKEY. BUS SERVICE AVAIL. COMPLEX HAS GOLF TRIPS, BOWLING TRIPS, MOVIES IN THE CLUBHOUSE, DANCES BOCCI CT, SHUFFLEBOARD CT, CERAMICS CLASSES, SEWING, CARD ROOM, POOL TABLES EXERCISE EQUIP, BRIDGE CLUB, GREAT PLACE TO LIVE FOR LITTLE MONEY. CLOSE TO BEACH, SHOPPING, TRANSPORTATION, RESTAURANTS, ETC.

22. 2003-10-13
    listed $35,900 497-char remark

    Show marketing remark (497 chars)

    ELEVATOR BLDG, NEW 16" CER TILE, NEW PAINT, NEWER RANGE & FRIDGE,RESCRN BALC OVERLOOKS CANAL,QUIET LOCATION, LAUNDRY ROOM, 2 HEATED POOLS, CLUB HOUSE W LOTS OF ACTIVITIES, NEW FURNITURE, TURNKEY. BUS SERVICE AVAIL. COMPLEX HAS GOLF TRIPS, BOWLING TRIPS, MOVIES IN THE CLUBHOUSE, DANCES BOCCI CT, SHUFFLEBOARD CT, CERAMICS CLASSES, SEWING, CARD ROOM, POOL TABLES EXERCISE EQUIP, BRIDGE CLUB, GREAT PLACE TO LIVE FOR LITTLE MONEY. CLOSE TO BEACH, SHOPPING, TRANSPORTATION, RESTAURANTS, ETC.

23. 1996-08-20
    soldstatus $17,500

ⓘ 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: $371 · $31/mo
• Projected year-2 tax: $535 · $45/mo
• Expected delta: +$164/yr (+$14/mo · 44.3%)

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

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 8/10 Severe
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,449
• − Mortgage interest: −$3,613
• − Property taxes: −$371
• − Insurance: −$322
• − Repairs & maintenance: −$1,556
• − Management: −$1,556
• − HOA: −$9,840
• − Depreciation: −$1,876
• Taxable income: $314
• Est. tax owed @ 24.0%: −$75
• After-tax cash flow: $697/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 — Palm Springs

• Score: 73/100
• State rank: #297
• US rank: #5045

Category grades

Amenities F Commute F Cost of living A+ Crime C Employment D+ Housing A+ Health & safety A User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Palm Springs, FL
• County: Palm Beach County · 1,438,312 people
• City population: 49,443
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 49,443
• Household income: $61,963
• Rent vs Own: 48.2% rent · 51.8% own
• Severe rent burden: 2663.0

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: Diverse neighborhood (Simpson 0.59)
• Race & ethnicity: Hispanic / Latino 59% Two or more races 26% White 20% Black 17% Asian 2%
• Hispanic origin (detail): Mexican 11% Puerto Rican 6% Cuban 16% Dominican 2%
• Common ancestry: Hispanic 9% Romanian 1% Lithuanian 1%
• Foreign-born: 52% · Canada, Jamaica
• Languages at home: 31% English-only · Spanish 54% French/Haitian/Cajun 10% Other Indo-European 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: ▼ -269.03%
• Current HPI: 493.0041
• Rent YoY: ▼ -2.47%
• 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

+268.6% since first listed

10 events — show timeline

• 2026-04-18 Price Changed $64,500 Beaches MLS
• 2026-03-20 Listed $70,000 Beaches MLS
• 2026-02-10 Listing Removed — Beaches MLS
• 2025-12-30 Listed $74,500 Beaches MLS
• 2005-02-23 Sold (Public Records) $47,000 Public Records
• 2003-11-24 Sold (Public Records) $27,000 Public Records
• 2003-11-20 Sold (MLS) $27,500 Beaches MLS
• 2003-11-03 Listing Removed — Beaches MLS
• 2003-10-13 Listed $35,900 Beaches MLS
• 1996-08-20 Sold (Public Records) $17,500 Public Records

Property tax history

-5.0%/yr

Latest (2025): $371 · +6.9% YoY. Source: county tax records.