14561 Barwick Rd · Delray Beach, FL 33445

$95,000

1 bd · 1.0 ba · 460 sqft · Land public records · 299 Days on market

Built 1965 2,749 sqft lot $115/mo HOA · 7% of rent

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Why this score? — see what drove the B 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +4.3/10.0
• Livability +3.9/5.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Just a cute place whether a full time or additional home. NO LOT RENT! You will own your land as a Cooperative. Super low dues and includes a community pool. shuffleboard and a clubhouse. Delray Golf Course is less than (1) mile away, close to great restaurant's and recreation areas. The home has a tankless water heater, new electric panel, full size washer/dryer, gas lawnmower and tiled bathroom. The back yard is fenced to protect the pets and little ones. Between the price, location & low dues, this could be a winner for you! * * all measurements are approximate * * *

Key facts

• Own the lot
• Patio potential
• 2,749 sq ft lot

Tags

• OWN THE LOT
• PATIO POTENTIAL
• DELRAY BEACH PROPERTY

Property features AI

Finance

• Other: 131 units in the community
• HOA & community: Community has an association; Monthly association fee of $115; Community amenities: Clubhouse, Pool, Shuffleboard court; Senior community; Pets allowed with breed restrictions

Exterior

• Parking: 2 open parking spaces
• Utilities: Public water; Public sewer; Sewer and water available
• Home design: Mobile home; Single-story; Entry level living area; Faces northeast
• Construction: Aluminum siding, block, and modular construction
• Exterior features: Patio; Not waterfront

Interior

• Kitchen: Disposal, Dishwasher, Electric range, Refrigerator
• Bedrooms: 2 bedrooms on the main level
• Bathrooms: 1 full bathroom (main level)
• Heating & cooling: Central heating (electric); Central air conditioning (electric); Ceiling fans
• Interior features: Partially furnished; Disposal; Dishwasher; Electric range; Refrigerator

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath land listed at $95k.

Deal economics

• At list price, monthly cash flow is $558 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $95k).
• Recommended offer: $84k (12.0% below list) — sets the bar for market timing.
• Cap rate 13.3% vs local median 4.3% in Delray Beach — 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 (#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.
• Market conditions: Rents rising (+1.8%/yr); 354 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 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 $657 of loan paydown is wiped out by about $3k 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.
• At projected returns (-3.0% appreciation + 1.8% rent growth), your $27k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 299 days — a 12% lower offer ($84k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 4y ago; this cycle's ask has dropped $10k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $65k; 46% above their basis — modest negotiation headroom, anchor on the comps not their cost.

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.

Recommended offer $83,600 (12.0% below list)

Questions for the listing agent

1. It's been on market 299 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1965 — 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. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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 for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.82% ✓
• Cap rate: 13.34%
• Cash-on-cash: 25.17%
• DSCR: 2.12
• GRM: 4.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 1.83% rent growth · sell at horizon

5-year hold

• IRR: 17.3%
• Equity multiple: 1.69×
• Total profit: $18,242
• Equity at exit: $14,165

10-year hold

• IRR: 24.8%
• Equity multiple: 3.03×
• Total profit: $54,055
• Equity at exit: $8,214

Cash invested: $26,600 (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

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 33445

• Rents YoY: 1.8%
• Active inventory: 354
• Price-to-rent: 4.6×

Monthly cashflow live

• Estimated rent: $1,729 medium
• Mortgage (P&I): −$498
• Tax from tax record: −$155 /mo · $1,865/yr
• Insurance: −$40
• HOA: −$115
• Vacancy / Maint / Mgmt: −$363
• Net cashflow: $558

Break-even live

Break-even rent $1,023

Max offer price $95,000

Occupancy floor 63%

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: $23,750
• Closing costs: $2,850
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5067 Sunrise Blvd Delray Beach, FL	1.0	1.0	278	$1,400	$5.04	3d	1	1.48mi

HOA detail

• Monthly dues: $115 · $1,380/yr
• Likely covers: watergaselectricpool

Listing history 22 events

1. 2026-06-08
   status $95,000 Pending 299 DOM
2. 2026-06-07
   days on market $95,000 Active 299 DOM
3. 2026-06-04
   days on market $95,000 Active 296 DOM
4. 2026-06-03
   days on market $95,000 Active 295 DOM
5. 2026-06-01
   days on market $95,000 Active 293 DOM
6. 2026-05-31
   days on market $95,000 Active 292 DOM
7. 2025-12-12
   price $95,000
8. 2025-08-12
   listed $105,000 Active
9. 2025-06-30
   historical
10. 2024-09-15
    status Active
11. 2024-09-13
    status Pending
12. 2024-08-15
    listed $99,900 Active
13. 2022-08-03
    soldstatus $65,000 Closed 588-char remark

    Show marketing remark (588 chars)

    Just a cute place whether a full time or additional home. NO LOT RENT! You will own your land as a Cooperative. Super low dues and includes a community pool. shuffleboard and a clubhouse. Delray Golf Course is less than (1) mile away, close to great restaurant's and recreation areas. The home has a tankless water heater, new electric panel, full size washer/dryer, gas lawnmower and tiled bathroom. The back yard is fenced to protect the pets and little ones. Between the price, location & low dues, this could be a winner for you! * * all measurements are approximate * * *

14. 2022-07-03
    historical Active Under Contract 588-char remark

    Show marketing remark (588 chars)

    Just a cute place whether a full time or additional home. NO LOT RENT! You will own your land as a Cooperative. Super low dues and includes a community pool. shuffleboard and a clubhouse. Delray Golf Course is less than (1) mile away, close to great restaurant's and recreation areas. The home has a tankless water heater, new electric panel, full size washer/dryer, gas lawnmower and tiled bathroom. The back yard is fenced to protect the pets and little ones. Between the price, location & low dues, this could be a winner for you! * * all measurements are approximate * * *

15. 2022-06-29
    listed $68,900 Active 588-char remark

    Show marketing remark (588 chars)

    Just a cute place whether a full time or additional home. NO LOT RENT! You will own your land as a Cooperative. Super low dues and includes a community pool. shuffleboard and a clubhouse. Delray Golf Course is less than (1) mile away, close to great restaurant's and recreation areas. The home has a tankless water heater, new electric panel, full size washer/dryer, gas lawnmower and tiled bathroom. The back yard is fenced to protect the pets and little ones. Between the price, location & low dues, this could be a winner for you! * * all measurements are approximate * * *

16. 2022-06-23
    historical
17. 2022-06-20
    price $69,000
18. 2022-06-17
    price $72,000
19. 2022-06-09
    price $75,000
20. 2022-06-09
    status Active
21. 2022-04-23
    status Pending
22. 2022-04-18
    listed $69,000 Active

ⓘ 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: $1,865 · $155/mo
• Projected year-2 tax: $1,865 · $155/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 4/10 Moderate FEMA zone X (unshaded) · 22% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥106°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 · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,750
• − Mortgage interest: −$5,321
• − Property taxes: −$1,865
• − Insurance: −$475
• − Repairs & maintenance: −$1,660
• − Management: −$1,660
• − HOA: −$1,380
• − Depreciation: −$2,764
• Taxable income: $5,625
• Est. tax owed @ 24.0%: −$1,350
• After-tax cash flow: $5,344/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 — 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

• Census place: Delray Beach, FL
• County: Palm Beach County · 1,438,312 people
• City population: 123,167
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 33,122
• Household income: $78,163
• Rent vs Own: 31.2% rent · 68.8% own
• Severe rent burden: 1649.0

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 0.62)
• Race & ethnicity: White 55% Black 24% Hispanic / Latino 11% Two or more races 11% Asian 4%
• Hispanic origin (detail): Puerto Rican 3% Cuban 2%
• Common ancestry: Hispanic 14% Romanian 3% Scotch-Irish 3%
• Foreign-born: 27% · Canada, Jamaica, Dominican Republic
• Languages at home: 66% English-only · French/Haitian/Cajun 18% Spanish 9% Other Indo-European 4%

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: ▼ -258.16%
• Current HPI: 349.5505
• Rent YoY: ▲ 1.83%
• 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

+37.7% since first listed

16 events — show timeline

• 2025-12-12 Price Changed $95,000 Beaches MLS
• 2025-08-12 Listed $105,000 Beaches MLS
• 2025-06-30 Listing Removed — Beaches MLS
• 2024-09-15 Relisted — Beaches MLS
• 2024-09-13 Pending — Beaches MLS
• 2024-08-15 Listed $99,900 Beaches MLS
• 2022-08-03 Sold (MLS) $65,000 Beaches MLS
• 2022-07-03 Contingent — Beaches MLS
• 2022-06-29 Listed $68,900 Beaches MLS
• 2022-06-23 Listing Removed — Beaches MLS
• 2022-06-20 Price Changed $69,000 Beaches MLS
• 2022-06-17 Price Changed $72,000 Beaches MLS
• 2022-06-09 Price Changed $75,000 Beaches MLS
• 2022-06-09 Relisted — Beaches MLS
• 2022-04-23 Pending — Beaches MLS
• 2022-04-18 Listed $69,000 Beaches MLS

Property tax history

+5.3%/yr

Latest (2025): $1,865 · +7.2% YoY. Source: county tax records.