22383 Thousand Pines Ln · Parkland, 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 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 3/10 · Minor
- Unhealthy air days now
- 2 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 +12.1/30.0
- ARV discount +7.5/15.0
- Schools +4.3/10.0
- 1% rule +3.7/10.0
- DSCR +3.6/10.0
- Rent growth +3.4/5.0
- Livability +3.4/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$459,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to Timberwalk II Recent updates include a brand-new HVAC system (June 2025), updated hot water heater, stainless steel appliances, new washing machine (Jan 2026), and new luxury vinyl flooring in the upstairs loft. The home features high ceilings, two bedrooms, and two full baths on the first floor, offering a comfortable and functional layout. Located in the heart of the highly sought-after Loggers Run community, this well-maintained home offers the perfect combination of comfort, convenience, and lifestyle. Conveniently close to several local parks and a nearby Publix, with nature-filled sidewalks throughout the community ideal for many outdoor activities. . Just 2 miles away, South County Regional Park offers a wide range of amenities including Osprey Point Golf Course, Daggerwing Nature Center, a spacious dog park, water park, amphitheater, sports fields, tennis and pickleball courts, playgrounds, and miles of scenic trails. Nestled in a quiet neighborhood with a low HOA, top-rated schools, and just minutes from Glades Road, this location provides quick access to shopping, dining, and entertainment. Directions: From Palmetto Park west of 441, left onto Judge Winikoff rd. - left onto Rustling Pines Lane. Left onto Thousand Pines. House on left
Key facts
- Local parks
- $254 HOA
- Garage
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath townhouse listed at $459k.
Deal economics
- At list price, monthly cash flow is $-102 ($-1k/yr) — negative.
- To cash-flow at today's rent, offer at most $441k (3.9% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $399k (13.0% below list).
- Recommended offer: $399k (13.0% below list) — sets the bar for 1% rule.
- Cap rate 6.0% vs local median 2.5% in Parkland — 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 67/100 on livability (#551 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F, 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: Waters Edge Elementary School (math 89% / reading 86%, grade A+, #22 of 2,144 statewide, top 1%, 700 students, 20% FRL); Loggers' Run Community Middle School (math 65% / reading 66%, grade A-, #95 of 571 statewide, top 17%, 1,110 students, 30% 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 26% FRL vs 52% district-wide (26 pts lower); this property's tenant base skews higher-income than the district average.
- Zoned-school proficiency averages 72% at this address vs 50% district-wide (+22 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 rising (+3.7%/yr); 267 active listings in the ZIP; 25 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).
- At $3,992/mo this rent would consume 54% of the median local household income ($89k/yr) (locally 1990% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $14k 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 101 days — a 9% lower offer ($418k) is reasonable based on typical stale-listing flexibility.
- 4 sale attempts since 5y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
Risks & watch-outs
- 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 101 days. Have you received any prior offers? Is the seller open to a 13% 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?
- 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 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
- 0.87% ✗
- Cap rate
- 6.03%
- Cash-on-cash
- -0.95%
- DSCR
- 0.96
- GRM
- 9.6
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 3.72% rent growth · sell at horizon
- IRR
- -17.0%
- Equity multiple
- 0.39×
- Total profit
- $-77,837
- Equity at exit
- $68,438
- IRR
- -7.6%
- Equity multiple
- 0.51×
- Total profit
- $-63,547
- Equity at exit
- $39,686
Cash invested: $128,520 (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 33428
- Rents YoY
- 3.7%
- Active inventory
- 267
- Price-to-rent
- 9.6×
Monthly cashflow live
- Estimated rent
- $3,992 high interval (Pro) →
- Mortgage (P&I)
- −$2,407
- Tax from tax record
- −$403 /mo · $4,836/yr
- Insurance
- −$191
- HOA
- −$254
- Vacancy / Maint / Mgmt
- −$838
- Net cashflow
- $-102
Break-even live
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
- $114,750
- Closing costs
- $13,770
- 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 25 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 22384 Thousand Pines Ln Boca Raton, FL | 4.0 | 3.0 | 1442 | $4,900 | $3.40 | 16d | 1 | 0.05mi |
| 22384 Thousand Pines Ln Boca Raton, FL | 4.0 | 3.0 | 1442 | $4,900 | $3.40 | 7d | 1 | 0.05mi |
| 11750 Timbers Way Boca Raton, FL | 3.0 | 2.0 | 1200 | $3,150 | $2.62 | 24d | 1 | 0.27mi |
| 22541 Vistawood Way Boca Raton, FL | 3.0 | 2.0 | 1200 | $2,750 | $2.29 | 24d | 1 | 0.27mi |
| 22618 Vistawood Way Boca Raton, FL | 4.0 | 2.0 | 1668 | $3,400 | $2.04 | 7d | 1 | 0.33mi |
| 22525 Swordfish Dr Boca Raton, FL | 3.0 | 2.0 | 1462 | $4,500 | $3.08 | 15d | 1 | 0.35mi |
| 22750 Pickerel Cir Boca Raton, FL | 3.0 | 2.0 | 1385 | $3,500 | $2.53 | 24d | 1 | 0.41mi |
| 22625 Blue Fin Trl Boca Raton, FL | 3.0 | 2.0 | 1766 | $4,500 | $2.55 | 19d | 1 | 0.65mi |
| 22592 Lombard Ave Boca Raton, FL | 4.0 | 2.0 | 1369 | $4,100 | $2.99 | 24d | 1 | 0.76mi |
| 22592 Lombard Ave Boca Raton, FL | 4.0 | 2.0 | 1369 | $4,100 | $2.99 | 2d | 1 | 0.76mi |
| 11143 Model Cir E Boca Raton, FL | 3.0 | 2.0 | 1116 | $3,350 | $3.00 | 24d | 1 | 0.79mi |
| 11416 Whisper Sound Dr Boca Raton, FL | 3.0 | 2.0 | 1588 | $3,620 | $2.28 | 2d | 1 | 0.81mi |
| 4954 Ataman St Boca Raton, FL | 3.0 | 2.0 | 1819 | $3,600 | $1.98 | 7d | 1 | 0.92mi |
| 10884 Gantry St Boca Raton, FL | 4.0 | 2.0 | 1356 | $4,200 | $3.10 | 4d | 1 | 0.93mi |
| 11942 N Branch Rd Boca Raton, FL | 2.0 | 2.0 | 900 | $1,950 | $2.17 | 24d | 1 | 1.00mi |
| 4784 Alfresco St Boca Raton, FL | 4.0 | 2.0 | 1343 | $3,950 | $2.94 | 24d | 1 | 1.07mi |
| 11887 Anchorage Way Boca Raton, FL | 2.0 | 2.0 | 960 | $1,900 | $1.98 | 24d | 1 | 1.11mi |
| 22776 Neptune Rd Boca Raton, FL | 3.0 | 2.0 | 1288 | $2,900 | $2.25 | 24d | 1 | 1.11mi |
| 22040 Altona Dr Boca Raton, FL | 4.0 | 2.0 | 1797 | $4,500 | $2.50 | 7d | 1 | 1.17mi |
| 22040 Altona Dr Boca Raton, FL | 4.0 | 2.0 | 1797 | $4,500 | $2.50 | 14d | 1 | 1.17mi |
| 4538 Albedo St Boca Raton, FL | 3.0 | 2.0 | 1146 | $3,400 | $2.97 | 19d | 1 | 1.26mi |
| 22974 Seaspray Pl Boca Raton, FL | 3.0 | 2.0 | 1080 | $2,200 | $2.04 | 12d | 1 | 1.32mi |
| 21023 Rustlewood Ave Boca Raton, FL | 4.0 | 2.0 | 1773 | $4,600 | $2.59 | 24d | 1 | 1.38mi |
| 10457 S 228th Ln Boca Raton, FL | 2.0 | 2.0 | 1104 | $1,900 | $1.72 | 7d | 1 | 1.45mi |
| 6534 NW 80th Dr Parkland, FL | 3.0 | 2.0 | 1661 | $4,500 | $2.71 | 14d | 1 | 1.46mi |
HOA detail
- Monthly dues
- $254 · $3,048/yr
- Likely covers
- waterlandscaping
Listing history 16 events
-
2026-04-30soldstatus $442,000 Closed 1276-char remark
Show marketing remark (1276 chars)
Welcome to Timberwalk II Recent updates include a brand-new HVAC system (June 2025), updated hot water heater, stainless steel appliances, new washing machine (Jan 2026), and new luxury vinyl flooring in the upstairs loft. The home features high ceilings, two bedrooms, and two full baths on the first floor, offering a comfortable and functional layout. Located in the heart of the highly sought-after Loggers Run community, this well-maintained home offers the perfect combination of comfort, convenience, and lifestyle. Conveniently close to several local parks and a nearby Publix, with nature-filled sidewalks throughout the community ideal for many outdoor activities. . Just 2 miles away, South County Regional Park offers a wide range of amenities including Osprey Point Golf Course, Daggerwing Nature Center, a spacious dog park, water park, amphitheater, sports fields, tennis and pickleball courts, playgrounds, and miles of scenic trails. Nestled in a quiet neighborhood with a low HOA, top-rated schools, and just minutes from Glades Road, this location provides quick access to shopping, dining, and entertainment. Directions: From Palmetto Park west of 441, left onto Judge Winikoff rd. - left onto Rustling Pines Lane. Left onto Thousand Pines. House on left
-
2026-03-11status Pending
-
2026-03-02status Pending 1276-char remark
Show marketing remark (1276 chars)
Welcome to Timberwalk II Recent updates include a brand-new HVAC system (June 2025), updated hot water heater, stainless steel appliances, new washing machine (Jan 2026), and new luxury vinyl flooring in the upstairs loft. The home features high ceilings, two bedrooms, and two full baths on the first floor, offering a comfortable and functional layout. Located in the heart of the highly sought-after Loggers Run community, this well-maintained home offers the perfect combination of comfort, convenience, and lifestyle. Conveniently close to several local parks and a nearby Publix, with nature-filled sidewalks throughout the community ideal for many outdoor activities. . Just 2 miles away, South County Regional Park offers a wide range of amenities including Osprey Point Golf Course, Daggerwing Nature Center, a spacious dog park, water park, amphitheater, sports fields, tennis and pickleball courts, playgrounds, and miles of scenic trails. Nestled in a quiet neighborhood with a low HOA, top-rated schools, and just minutes from Glades Road, this location provides quick access to shopping, dining, and entertainment. Directions: From Palmetto Park west of 441, left onto Judge Winikoff rd. - left onto Rustling Pines Lane. Left onto Thousand Pines. House on left
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2026-02-27status Pending
-
2026-01-13price $459,000
Show marketing remark (1276 chars)
Welcome to Timberwalk II Recent updates include a brand-new HVAC system (June 2025), updated hot water heater, stainless steel appliances, new washing machine (Jan 2026), and new luxury vinyl flooring in the upstairs loft. The home features high ceilings, two bedrooms, and two full baths on the first floor, offering a comfortable and functional layout. Located in the heart of the highly sought-after Loggers Run community, this well-maintained home offers the perfect combination of comfort, convenience, and lifestyle. Conveniently close to several local parks and a nearby Publix, with nature-filled sidewalks throughout the community ideal for many outdoor activities. . Just 2 miles away, South County Regional Park offers a wide range of amenities including Osprey Point Golf Course, Daggerwing Nature Center, a spacious dog park, water park, amphitheater, sports fields, tennis and pickleball courts, playgrounds, and miles of scenic trails. Nestled in a quiet neighborhood with a low HOA, top-rated schools, and just minutes from Glades Road, this location provides quick access to shopping, dining, and entertainment. Directions: From Palmetto Park west of 441, left onto Judge Winikoff rd. - left onto Rustling Pines Lane. Left onto Thousand Pines. House on left
-
2026-01-13price $459,000 1276-char remark
Show marketing remark (1276 chars)
Welcome to Timberwalk II Recent updates include a brand-new HVAC system (June 2025), updated hot water heater, stainless steel appliances, new washing machine (Jan 2026), and new luxury vinyl flooring in the upstairs loft. The home features high ceilings, two bedrooms, and two full baths on the first floor, offering a comfortable and functional layout. Located in the heart of the highly sought-after Loggers Run community, this well-maintained home offers the perfect combination of comfort, convenience, and lifestyle. Conveniently close to several local parks and a nearby Publix, with nature-filled sidewalks throughout the community ideal for many outdoor activities. . Just 2 miles away, South County Regional Park offers a wide range of amenities including Osprey Point Golf Course, Daggerwing Nature Center, a spacious dog park, water park, amphitheater, sports fields, tennis and pickleball courts, playgrounds, and miles of scenic trails. Nestled in a quiet neighborhood with a low HOA, top-rated schools, and just minutes from Glades Road, this location provides quick access to shopping, dining, and entertainment. Directions: From Palmetto Park west of 441, left onto Judge Winikoff rd. - left onto Rustling Pines Lane. Left onto Thousand Pines. House on left
-
2026-01-06price $468,500 1276-char remark
Show marketing remark (1276 chars)
Welcome to Timberwalk II Recent updates include a brand-new HVAC system (June 2025), updated hot water heater, stainless steel appliances, new washing machine (Jan 2026), and new luxury vinyl flooring in the upstairs loft. The home features high ceilings, two bedrooms, and two full baths on the first floor, offering a comfortable and functional layout. Located in the heart of the highly sought-after Loggers Run community, this well-maintained home offers the perfect combination of comfort, convenience, and lifestyle. Conveniently close to several local parks and a nearby Publix, with nature-filled sidewalks throughout the community ideal for many outdoor activities. . Just 2 miles away, South County Regional Park offers a wide range of amenities including Osprey Point Golf Course, Daggerwing Nature Center, a spacious dog park, water park, amphitheater, sports fields, tennis and pickleball courts, playgrounds, and miles of scenic trails. Nestled in a quiet neighborhood with a low HOA, top-rated schools, and just minutes from Glades Road, this location provides quick access to shopping, dining, and entertainment. Directions: From Palmetto Park west of 441, left onto Judge Winikoff rd. - left onto Rustling Pines Lane. Left onto Thousand Pines. House on left
-
2026-01-06price $468,500
Show marketing remark (1276 chars)
Welcome to Timberwalk II Recent updates include a brand-new HVAC system (June 2025), updated hot water heater, stainless steel appliances, new washing machine (Jan 2026), and new luxury vinyl flooring in the upstairs loft. The home features high ceilings, two bedrooms, and two full baths on the first floor, offering a comfortable and functional layout. Located in the heart of the highly sought-after Loggers Run community, this well-maintained home offers the perfect combination of comfort, convenience, and lifestyle. Conveniently close to several local parks and a nearby Publix, with nature-filled sidewalks throughout the community ideal for many outdoor activities. . Just 2 miles away, South County Regional Park offers a wide range of amenities including Osprey Point Golf Course, Daggerwing Nature Center, a spacious dog park, water park, amphitheater, sports fields, tennis and pickleball courts, playgrounds, and miles of scenic trails. Nestled in a quiet neighborhood with a low HOA, top-rated schools, and just minutes from Glades Road, this location provides quick access to shopping, dining, and entertainment. Directions: From Palmetto Park west of 441, left onto Judge Winikoff rd. - left onto Rustling Pines Lane. Left onto Thousand Pines. House on left
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2025-11-18$469,000 Active 1276-char remark
Show marketing remark (1276 chars)
Welcome to Timberwalk II Recent updates include a brand-new HVAC system (June 2025), updated hot water heater, stainless steel appliances, new washing machine (Jan 2026), and new luxury vinyl flooring in the upstairs loft. The home features high ceilings, two bedrooms, and two full baths on the first floor, offering a comfortable and functional layout. Located in the heart of the highly sought-after Loggers Run community, this well-maintained home offers the perfect combination of comfort, convenience, and lifestyle. Conveniently close to several local parks and a nearby Publix, with nature-filled sidewalks throughout the community ideal for many outdoor activities. . Just 2 miles away, South County Regional Park offers a wide range of amenities including Osprey Point Golf Course, Daggerwing Nature Center, a spacious dog park, water park, amphitheater, sports fields, tennis and pickleball courts, playgrounds, and miles of scenic trails. Nestled in a quiet neighborhood with a low HOA, top-rated schools, and just minutes from Glades Road, this location provides quick access to shopping, dining, and entertainment. Directions: From Palmetto Park west of 441, left onto Judge Winikoff rd. - left onto Rustling Pines Lane. Left onto Thousand Pines. House on left
-
2025-11-18$469,000 Active
Show marketing remark (1276 chars)
Welcome to Timberwalk II Recent updates include a brand-new HVAC system (June 2025), updated hot water heater, stainless steel appliances, new washing machine (Jan 2026), and new luxury vinyl flooring in the upstairs loft. The home features high ceilings, two bedrooms, and two full baths on the first floor, offering a comfortable and functional layout. Located in the heart of the highly sought-after Loggers Run community, this well-maintained home offers the perfect combination of comfort, convenience, and lifestyle. Conveniently close to several local parks and a nearby Publix, with nature-filled sidewalks throughout the community ideal for many outdoor activities. . Just 2 miles away, South County Regional Park offers a wide range of amenities including Osprey Point Golf Course, Daggerwing Nature Center, a spacious dog park, water park, amphitheater, sports fields, tennis and pickleball courts, playgrounds, and miles of scenic trails. Nestled in a quiet neighborhood with a low HOA, top-rated schools, and just minutes from Glades Road, this location provides quick access to shopping, dining, and entertainment. Directions: From Palmetto Park west of 441, left onto Judge Winikoff rd. - left onto Rustling Pines Lane. Left onto Thousand Pines. House on left
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2025-10-13historical
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2025-10-13$459,000
-
2021-12-22soldstatus $365,000 Closed
-
2021-11-19status Pending
-
2021-11-09$354,900 Active
-
2003-09-26soldstatus $165,500
ⓘ 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
- $4,836 · $403/mo
- Projected year-2 tax
- $4,836 · $403/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ 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 3/10 Moderate
- 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 3/10 Moderate 2 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
- $47,901
- − Mortgage interest
- −$25,711
- − Property taxes
- −$4,836
- − Insurance
- −$2,295
- − Repairs & maintenance
- −$3,832
- − Management
- −$3,832
- − HOA
- −$3,048
- − Depreciation
- −$13,353
- Taxable loss
- −$9,006
- Est. tax savings @ 24.0%
- +$2,161
- After-tax cash flow
- $940/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 — Parkland
- Score
- 67/100
- State rank
- #551
- US rank
- #10403
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Palm Beach County · 1,438,312 people
- City population
- 72,110
- Metro
- Miami-Fort Lauderdale-Pompano Beach, FL
- Population (ZIP)
- 47,588
- Household income
- $88,543
- Rent vs Own
- Severe rent burden
- 1990.0
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 0.69)
- Race & ethnicity
- White 50% Two or more races 23% Hispanic / Latino 22% Black 7% Asian 5%
- Hispanic origin (detail)
- Mexican 3% Puerto Rican 3% Cuban 2% Dominican 1%
- Common ancestry
- Estonian 12% Romanian 3% Scotch-Irish 3%
- Foreign-born
- 37% · Canada, Jamaica, Vietnam
- Languages at home
- 55% English-only · Spanish 19% Other Indo-European 17% 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
- ▼ -299.00%
- Current HPI
- 373.2649
- Rent YoY
- ▲ 3.72%
- 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 |
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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
+167.1% since first listed16 events — show timeline
- 2026-04-30 Sold (MLS) $442,000 Stellar MLS as Distributed by MLS Grid
- 2026-03-11 Pending — Beaches MLS
- 2026-03-02 Pending — Stellar MLS as Distributed by MLS Grid
- 2026-02-27 Pending — Beaches MLS
- 2026-01-13 Price Changed $459,000 Beaches MLS
- 2026-01-13 Price Changed $459,000 Stellar MLS as Distributed by MLS Grid
- 2026-01-06 Price Changed $468,500 Stellar MLS as Distributed by MLS Grid
- 2026-01-06 Price Changed $468,500 Beaches MLS
- 2025-11-18 Listed $469,000 Beaches MLS
- 2025-11-18 Listed $469,000 Stellar MLS as Distributed by MLS Grid
- 2025-10-13 Listing Removed — Beaches MLS
- 2025-10-13 Listed $459,000 Beaches MLS
- 2021-12-22 Sold (MLS) $365,000 Beaches MLS
- 2021-11-19 Pending — Beaches MLS
- 2021-11-09 Listed $354,900 Beaches MLS
- 2003-09-26 Sold (Public Records) $165,500 Public Records
Property tax history
+8.1%/yrLatest (2025): $4,836 · +3.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…