500 Executive Center Dr Unit 3k · West Palm Beach, 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 10/10 · Severe
- Hot days now (above 105°F)
- 7 days/yr
- Hot days in 30 yrs
- 25 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
- 1 days/yr
Risk factors via First Street. Map © Google.
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 +25.1/30.0
- ARV discount +13.5/15.0
- 1% rule +10.0/10.0
- DSCR +8.2/10.0
- Livability +4.1/5.0
- Rent growth +3.8/5.0
- Condition / age +3.8/5.0
- Schools +2.6/10.0
- Appreciation +0.0/10.0
$130,787
500 Executive Center Dr Unit 3k · West Palm Beach, FL 33401
1 bd · 1.0 ba · 704 sqft · Condo
public records
· 147 Days on market
Built 1979
Garage
$186/sqft
· 13% below area
Est $151k · 13% under
$606/mo HOA · 26% of rent
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Welcome to Breakwaters of the Palm Beaches—where convenience meets comfort in the heart of it all. This beautifully maintained residence offers a light-filled interior with an inviting layout designed for easy living. Enjoy a spacious living area, well-appointed kitchen, and a private balcony perfect for morning coffee or unwinding after a long day. Centrally located near I-95, Palm Beach Outlets, airport, restaurants, and hospitals. The unit is great for a primary occupant or investor as there is a long term tenant paying $1475 a month to month.
Key facts
- Private balcony
- Centrally located
- Inviting layout
Tags
Neighborhood map
Sold within
Property
Rental comp
Retail
Costco
Walmart
Transit
Schools
Stadiums
Fortune 500
· Circle radius: 6.0 mi
Loading POIs…
What this means for you Summary
Snapshot
- This is a 1-bed/1.0-bath condo listed at $131k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $288 ($3k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $131k).
- Recommended offer: $115k (12.0% below list) — sets the bar for market timing.
- Cap rate 8.9% vs local median 3.8% in West Palm 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 82/100 on livability (#75 in FL, #1,255 nationally) — a professional / high-income tenant draw. Strengths: commute A+, housing A+, health & safety A+; Watch: employment C-, crime 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: Westward Elementary School (math 30% / reading 29%, grade F, #1,896 of 2,144 statewide, top 90%, 500 students, 81% FRL); Bear Lakes Middle School (math 19% / reading 33%, grade F, #506 of 571 statewide, top 89%, 842 students, 74% FRL); Palm Beach Lakes High School (math 17% / reading 26%, grade F, #546 of 667 statewide, top 82%, 2,688 students, 70% FRL) — zoned schools average 75% FRL vs 52% district-wide (23 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Zoned-school proficiency averages 26% at this address vs 50% district-wide (-24 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 rising fast (+5.2%/yr); 645 active listings in the ZIP; 38 comparable units currently listed for rent nearby; rentals leasing fast (median 12d on market — plan ~1-2 weeks tenant-placement turnaround); 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 $904 of loan paydown is wiped out by about $4k 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 + 5.2% rent growth), your $37k cash investment doubles in ~9 years — after that, you're playing with house money.
Negotiation context
- It's been on market 147 days — a 12% lower offer ($115k) is reasonable based on typical stale-listing flexibility.
- 5 sale attempts since 19y 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
- Watch-outs: HOA is 26% of rent.
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer
$115,092
(12.0% below list)
Questions for the listing agent
- It's been on market 147 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- 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.
- Crime grade is F 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?
- 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
- 1.78% ✓
- Cap rate
- 8.94%
- Cash-on-cash
- 9.44%
- DSCR
- 1.42
- GRM
- 4.7
CMA / ARV
- ARV (median comp)
- $150,881
- List price
- $130,787
- Delta
- -13.32%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 631 Executive Center Dr Unit K104 | 0.19mi | 1/1.0 | 627 (-11%) | 1mo | $155,000 | $247 | 72 |
| 614 Executive Center Dr #102 | 0.13mi | 2/2.0 (+1) | 770 (+9%) | 1mo | $202,500 | $263 | 68 |
| 651 Okeechobee Blvd #1006 | 1.27mi | 1/1.0 | 706 (+0%) | 2mo | $325,000 | $460 | 63 |
| 651 Okeechobee Blvd #306 | 1.27mi | 1/1.0 | 706 (+0%) | 2mo | $275,000 | $390 | 63 |
| 1326 8th St | 0.79mi | 2/1.0 (+1) | 704 (0%) | 3mo | $310,000 | $440 | 58 |
| 550 Okeechobee Blvd #1721 | 1.41mi | 1/1.0 | 755 (+7%) | 1mo | $480,000 | $636 | 52 |
| 550 Okeechobee Blvd #1421 | 1.41mi | 1/1.0 | 755 (+7%) | 1mo | $460,000 | $609 | 52 |
| 300 S Australian Ave #809 | 0.83mi | 1/1.0 | 757 (+8%) | 1mo | $370,000 | $489 | 52 |
| 300 S Australian Ave #1603 | 0.83mi | 1/1.0 | 774 (+10%) | 1mo | $315,000 | $407 | 48 |
| 955 York St | 1.43mi | 2/1.0 (+1) | 782 (+11%) | 3mo | $599,000 | $766 | 39 |
| 508 Beech Rd | 1.40mi | 2/1.0 (+1) | 800 (+14%) | 0mo | $350,000 | $438 | 37 |
| 2000 Seminole Blvd | 1.48mi | 2/1.0 (+1) | 800 (+14%) | 4mo | $344,500 | $431 | 34 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 5.15% rent growth · sell at horizon
5-year hold
- IRR
- 1.9%
- Equity multiple
- 1.07×
- Total profit
- $2,737
- Equity at exit
- $19,501
10-year hold
- IRR
- 14.6%
- Equity multiple
- 2.36×
- Total profit
- $49,855
- Equity at exit
- $11,308
Cash invested: $36,620 (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.
Active competition Active MLS
- For sale now
- 3 active · 4 under contract
- Median asking
- $215,000 ($295/sqft)
- Median days on market
- 88 d
- This list price
- lowest-priced of the active set
- ARV vs active asking
- -27.4% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 33401
- Rents YoY
- 5.2%
- Active inventory
- 645
- Price-to-rent
- 4.7×
Monthly cashflow live
↻
- Estimated rent
- $2,331 high interval (Pro) →
- Mortgage (P&I)
- −$686
- Tax from tax record
- −$207 /mo · $2,484/yr
- Insurance
- −$54
- HOA
- −$606
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$489
- Net cashflow
- $288
Break-even live
Break-even rent
$1,966
Max offer price
$130,787
Occupancy floor
83%
Sensitivity live
| Price | -10% $362 | -5% $325 | +0% $288 | +5% $251 | +10% $214 |
|---|---|---|---|---|---|
| Rent | -10% $104 | -5% $196 | +0% $288 | +5% $380 | +10% $472 |
| Rate | -1.0pp $354 | -0.5pp $321 | base $288 | +0.5pp $254 | +1.0pp $220 |
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
- $32,697
- Closing costs
- $3,924
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 38 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 401 Executive Center Dr West Palm Beach, FL | 1.0–3.0 | 1.0–2.0 | 899 | $1,595 | $1.77 | 11d | 8 | 0.11mi |
| 710 Executive Center Dr West Palm Beach, FL | 1.0–2.0 | 1.0–2.0 | 677 | $1,700 | $2.51 | 11d | 5 | 0.20mi |
| 1326 8th St West Palm Beach, FL | — | 1.0 | 704 | $2,100 | $2.98 | 11d | 1 | 0.75mi |
| 201 Clearwater Dr West Palm Beach, FL | 2.0 | 1.0–2.0 | 731 | $3,188 | $4.36 | 0d | 16 | 0.84mi |
| 201 Clearwater Dr West Palm Beach, FL | 2.0 | 1.0–2.0 | 731 | $4,365 | $5.97 | 88d | 16 | 0.84mi |
| 616 Clearwater Park Rd West Palm Beach, FL | 1.0–2.0 | 1.0–2.0 | 920 | $2,399 | $2.61 | 2d | 7 | 0.91mi |
| 1441 Brandywine Rd West Palm Beach, FL | 1.0–3.0 | 1.0–2.0 | 946 | $1,765 | $1.87 | 3d | 23 | 1.15mi |
| 1830 Embassy Dr West Palm Beach, FL | 1.0–2.0 | 1.0–1.5 | 941 | $3,100 | $3.29 | 0d | 4 | 1.16mi |
| 1830 Embassy Dr West Palm Beach, FL | 1.0–2.0 | 1.0–1.5 | 941 | $2,100 | $2.23 | 3d | 3 | 1.16mi |
| 1718 Mercer Ave Unit B West Palm Beach, FL | 1.0 | 1.0 | 675 | $1,700 | $2.52 | 10d | 1 | 1.17mi |
| 537 S Sequoia Dr West Palm Beach, FL | 1.0–2.0 | 1.0 | 806 | $1,650 | $2.05 | 11d | 15 | 1.20mi |
| 609 2nd St West Palm Beach, FL | 1.0 | 1.0 | 592 | $2,847 | $4.81 | 9d | 1 | 1.21mi |
| 609 2nd St West Palm Beach, FL | 1.0 | 1.0 | 592 | $2,909 | $4.91 | 88d | 1 | 1.21mi |
| 609 2nd St West Palm Beach, FL | 1.0 | 1.0 | 592 | $2,847 | $4.81 | 24d | 1 | 1.21mi |
| 591 Evernia St West Palm Beach, FL | 1.0–2.0 | 1.0–2.0 | 1066 | $3,260 | $3.06 | 0d | 19 | 1.23mi |
| 651 Okeechobee Blvd West Palm Beach, FL | 1.0–2.0 | 1.0–2.0 | 873 | $2,900 | $3.32 | 18d | 5 | 1.26mi |
| 651 Okeechobee Blvd West Palm Beach, FL | 1.0–2.0 | 1.0–2.0 | 865 | $2,300 | $2.66 | 3d | 4 | 1.26mi |
| 651 Okeechobee Blvd West Palm Beach, FL | 1.0–2.0 | 1.0–2.0 | 865 | $2,600 | $3.00 | 10d | 4 | 1.26mi |
| 651 Okeechobee Blvd West Palm Beach, FL | 1.0–2.0 | 1.0–2.5 | 887 | $3,000 | $3.38 | 109d | 5 | 1.26mi |
| 1500 Centrepark Blvd West Palm Beach, FL | 1.0–2.0 | 1.0–2.0 | 927 | $2,292 | $2.47 | 0d | 17 | 1.28mi |
| 1050 Blanche St West Palm Beach, FL | 2.0 | 1.0–2.0 | 766 | $2,560 | $3.34 | 0d | 8 | 1.31mi |
| 480 Hibiscus St West Palm Beach, FL | 1.0–2.0 | 1.0–2.0 | 829 | $2,800 | $3.38 | 54d | 4 | 1.42mi |
| 480 Hibiscus St West Palm Beach, FL | 1.0–2.0 | 1.0–2.0 | 829 | $2,550 | $3.07 | 10d | 6 | 1.42mi |
| 480 Hibiscus St West Palm Beach, FL | 1.0–2.0 | 1.0–2.0 | 829 | $2,800 | $3.38 | 35d | 4 | 1.42mi |
| 480 Hibiscus St West Palm Beach, FL | 1.0–2.0 | 1.0–2.0 | 867 | $3,000 | $3.46 | 24d | 4 | 1.42mi |
| 480 Hibiscus St West Palm Beach, FL | 1.0–2.0 | 1.5–2.0 | 885 | $3,495 | $3.95 | 120d | 3 | 1.42mi |
| 480 Hibiscus St West Palm Beach, FL | 1.0–2.0 | 1.0–2.0 | 867 | $3,200 | $3.69 | 76d | 4 | 1.42mi |
| 480 Hibiscus St West Palm Beach, FL | 1.0–2.0 | 1.0–2.0 | 867 | $3,600 | $4.15 | 98d | 4 | 1.42mi |
| 480 Hibiscus St West Palm Beach, FL | 1.0–2.0 | 1.0–2.0 | 829 | $2,750 | $3.32 | 3d | 4 | 1.42mi |
| 480 Hibiscus St West Palm Beach, FL | 1.0–2.0 | 1.0–2.0 | 867 | $3,725 | $4.29 | 20d | 3 | 1.42mi |
| 499 Evernia St Unit 833 West Palm Beach, FL | 1.0 | 1.0 | 735 | $2,717 | $3.70 | 11d | 1 | 1.43mi |
| 499 Evernia St West Palm Beach, FL | 2.0 | 1.0–2.0 | 827 | $3,573 | $4.32 | 0d | 18 | 1.43mi |
| 1028 18th St West Palm Beach, FL | 2.0 | 1.0 | 586 | $1,950 | $3.33 | 11d | 1 | 1.45mi |
| 727 Penn St Apt 3 West Palm Beach, FL | 1.0 | 1.0 | 560 | $1,800 | $3.21 | 11d | 1 | 1.46mi |
| 333 Fern St West Palm Beach, FL | 2.0 | 1.0–2.0 | 1121 | $3,891 | $3.47 | 0d | 9 | 1.48mi |
| 1710 N Congress Ave West Palm Beach, FL | 1.0–3.0 | 1.0–2.0 | 1222 | $2,195 | $1.80 | 11d | 7 | 1.49mi |
| 1306 Florida Ave West Palm Beach, FL | 2.0 | 2.5 | 480 | $3,850 | $8.02 | 54d | 1 | 1.49mi |
| 600 S Dixie Hwy West Palm Beach, FL | 1.0–2.0 | 1.0–2.0 | 895 | $2,100 | $2.35 | 3d | 7 | 1.49mi |
Property features AI
Finance
- Financial info
- Pets allowed (possible pet restrictions)
- HOA & community
- Breakwaters of the Palm Beaches associationMonthly HOA feeAssociation amenities include clubhouse, elevators, laundry, parking, pool, storage, tennis courts, trash chute, sidewalks, gated community features, security, and maintenanceHOA fee covers insurance, grounds maintenance, sewer, trash, water, common real estate tax, elevator, and recreation facility
Exterior
- Parking
- Assigned parkingGuest parking1 parking space totalSecured garage/parking
- Security
- Fire alarmFire sprinkler systemKey card entryEntry phone/intercomSmoke detector(s)Gated community (no guard)
- Utilities
- Public waterPublic sewerCable connectedElectricity connectedPhone available
- Home design
- CondominiumOne levelWest-facingResale unit4-story building
- Construction
- Built with CBS (concrete block/stucco) constructionFlat roof
- Exterior features
- Not waterfront
Interior
- Kitchen
- Electric rangeDishwasherMicrowaveRefrigeratorGarbage disposalElectric water heater
- Bedrooms
- 1 bedroom on the main level
- Flooring
- LaminateTile
- Bathrooms
- 1 full bathroom on the main level
- Heating & cooling
- Central heatingCentral air conditioning
- Interior features
- Walk-in closet(s)Unfurnished
- Laundry & utility
- Common area laundry
HOA detail $606/mo · $7,272/yr condo
- Likely covers
- water
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-09-23days on market $130,787 Active 147 DOM
-
2026-09-22days on market $130,787 Active 146 DOM
-
2026-09-21days on market $130,787 Active 145 DOM
-
2026-09-20days on market $130,787 Active 144 DOM
-
2026-09-18days on market $130,787 Active 142 DOM
-
2026-09-17days on market $130,787 Active 141 DOM
-
2026-09-16days on market $130,787 Active 140 DOM
-
2026-09-15days on market $130,787 Active 139 DOM
-
2026-09-13days on market $130,787 Active 137 DOM
-
2026-09-12days on market $130,787 Active 136 DOM
-
2026-09-11days on market $130,787 Active 135 DOM
-
2026-09-05days on market $130,787 Active 129 DOM
-
2026-09-04days on market $130,787 Active 128 DOM
-
2026-09-03days on market $130,787 Active 127 DOM
-
2026-08-31days on market $130,787 Active 124 DOM
-
2026-08-29days on market $130,787 Active 122 DOM
-
2026-08-28days on market $130,787 Active 121 DOM
-
2026-08-27days on market $130,787 Active 120 DOM
-
2026-08-25days on market $130,787 Active 118 DOM
-
2026-08-24days on market $130,787 Active 117 DOM
-
2026-08-23days on market $130,787 Active 116 DOM
-
2026-08-22days on market $130,787 Active 115 DOM
-
2026-08-21days on market $130,787 Active 114 DOM
-
2026-08-20days on market $130,787 Active 113 DOM
-
2026-08-19days on market $130,787 Active 112 DOM
-
2026-08-18days on market $130,787 Active 111 DOM
-
2026-08-17days on market $130,787 Active 110 DOM
-
2026-08-16days on market $130,787 Active 109 DOM
-
2026-08-15days on market $130,787 Active 108 DOM
-
2026-08-14days on market $130,787 Active 107 DOM
-
2026-08-13days on market $130,787 Active 106 DOM
-
2026-08-12days on market $130,787 Active 105 DOM
-
2026-08-11days on market $130,787 Active 104 DOM
-
2026-08-10days on market $130,787 Active 103 DOM
-
2026-08-09days on market $130,787 Active 102 DOM
-
2026-08-08days on market $130,787 Active 101 DOM
-
2026-08-06days on market $130,787 Active 99 DOM
-
2026-08-05days on market $130,787 Active 98 DOM
-
2026-08-03days on market $130,787 Active 96 DOM
-
2026-07-31days on market $130,787 Active 93 DOM
-
2026-07-26days on market $130,787 Active 88 DOM
-
2026-07-24days on market $130,787 Active 86 DOM
-
2026-07-23days on market $130,787 Active 85 DOM
-
2026-07-22days on market $130,787 Active 84 DOM
-
2026-07-21days on market $130,787 Active 83 DOM
-
2026-07-20days on market $130,787 Active 82 DOM
-
2026-07-18days on market $130,787 Active 80 DOM
-
2026-07-18days on market $130,787 Active 79 DOM
-
2026-07-16days on market $130,787 Active 78 DOM
-
2026-07-15days on market $130,787 Active 77 DOM
ⓘ 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
- $2,484 · $207/mo
- Projected year-2 tax
- $2,484 · $207/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 1/10 Low
- Heat 10/10 Extreme 7 d/yr ≥105°F today · 25 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 · 1 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
- $27,970
- − Mortgage interest
- −$7,326
- − Property taxes
- −$2,484
- − Insurance
- −$654
- − Repairs & maintenance
- −$2,238
- − Management
- −$2,238
- − HOA
- −$7,272
- − Depreciation
- −$3,805
- Taxable income
- $1,955
combined federal + state — saved on this device
- Est. tax owed @ 24.0%
- −$469
- After-tax cash flow
- $2,987/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 · 9 photos
75/100
Cosmetic rehab
Est. rehab $3,520–$10,560 screening
This well-maintained townhouse in a desirable location offers a good investment opportunity with minimal repairs needed.
Components & finishes AI
Flooring wood
Appliances white
Value-add opportunities
- Both Paint exterior — Enhances curb appeal and resale value ↑
- Both Landscaping — Improves curb appeal and rental value ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
F
Composite school gradezoned avg 26/100
Zoned Schools
Elementary
Westward Elementary School
F
FL #1,896/2,144
Nat'l #26,716/41,679
Middle
Bear Lakes Middle School
F
FL #506/571
Nat'l #10,089/14,009
High
Palm Beach Lakes High School
F
FL #546/667
Nat'l #13,899/17,239
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
A
Composite livability gradescore 82/100
Livability — West Palm Beach
- Score
- 82/100
- State rank
- #75
- US rank
- #1255
Category grades
Amenities A-
Commute A+
Cost of living B-
Crime F
Employment C-
Housing A+
Health & safety A+
User ratings A+
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- West Palm Beach, FL
- County
- Palm Beach County · 1,637,487 people
- City population
- 222,012
- Metro
- Miami-Fort Lauderdale-Pompano Beach, FL
- Population (ZIP)
- 33,698
- Household income
- $67,967
- Rent vs Own
- Severe rent burden
- 18% of renters
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 0.68)
- Race & ethnicity
- White 43% Black 32% Hispanic / Latino 17% Two or more races 11% Asian 3%
- Hispanic origin (detail)
- Mexican 2% Puerto Rican 3% Cuban 3%
- Common ancestry
- Hispanic 6% Slovak 2% Romanian 2%
- Foreign-born
- 26% · Canada, Jamaica, China
- Languages at home
- 73% English-only · Spanish 13% French/Haitian/Cajun 7% Other Asian/Pacific 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
- ▼ -324.96%
- Current HPI
- 367.0978
- Rent YoY
- ▲ 5.15%
- 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
+37.7% since first listed14 events — show timeline
- 2026-04-29 Listed $130,787 Beaches MLS
- 2026-01-27 Listing Removed — Beaches MLS
- 2025-07-23 Price Changed $136,979 Beaches MLS
- 2025-06-10 Listed $141,100 Beaches MLS
- 2025-05-23 Listing Removed — Beaches MLS
- 2024-11-19 Price Changed $141,100 Beaches MLS
- 2024-09-09 Listed $164,809 Beaches MLS
- 2023-01-24 Sold (Public Records) $130,000 Public Records
- 2020-10-15 Sold (Public Records) $76,000 Public Records
- 2020-09-30 Sold (MLS) $76,000 MARMLS
- 2020-08-10 Pending — MARMLS
- 2020-01-20 Listed $87,000 MARMLS
- 2008-06-05 Listing Removed — Beaches MLS
- 2007-11-05 Listed $95,000 Beaches MLS
Property tax history
+23.9%/yrLatest (2025): $2,484 · -6.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…