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 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).
- ARV discount +15.0/15.0
- 1% rule +8.4/10.0
- Cash flow +7.3/30.0
- Livability +4.1/5.0
- Rent growth +3.8/5.0
- Condition / age +3.8/5.0
- Schools +2.6/10.0
- DSCR +1.5/10.0
- Appreciation +0.0/10.0
$130,787
🖨 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
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 $-174 ($-2k/yr) — negative.
- To cash-flow at today's rent, offer at most $100k (23.5% below list).
- Meets the 1% rule at list price ($2k rent vs $131k).
- Recommended offer: $100k (23.5% below list) — sets the bar for cash-flow.
- Cap rate 4.7% vs local median 3.6% in West Palm 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 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); 722 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 19d 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 ($68k/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 $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.
Negotiation context
- It's been on market 193 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 35% 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.
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 193 days. Have you received any prior offers? Is the seller open to a 23% 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?
- 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 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
- 1.34% ✓
- Cap rate
- 4.70%
- Cash-on-cash
- -5.69%
- DSCR
- 0.75
- GRM
- 6.2
CMA / ARV
- ARV (median comp)
- $157,469
- List price
- $130,787
- Delta
- -16.94%
- 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%) | 2mo | $155,000 | $247 | 71 |
| 614 Executive Center Dr #102 | 0.13mi | 2/2.0 (+1) | 770 (+9%) | 3mo | $202,500 | $263 | 67 |
| 651 Okeechobee Blvd #1006 | 1.27mi | 1/1.0 | 706 (+0%) | 3mo | $325,000 | $460 | 62 |
| 651 Okeechobee Blvd #306 | 1.27mi | 1/1.0 | 706 (+0%) | 4mo | $275,000 | $390 | 62 |
| 550 Okeechobee Blvd #1721 | 1.41mi | 1/1.0 | 755 (+7%) | 2mo | $480,000 | $636 | 51 |
| 550 Okeechobee Blvd #1421 | 1.41mi | 1/1.0 | 755 (+7%) | 3mo | $460,000 | $609 | 51 |
| 300 S Australian Ave #809 | 0.83mi | 1/1.0 | 757 (+8%) | 2mo | $370,000 | $489 | 50 |
| 1700 N Congress #302 | 1.33mi | 1/1.0 | 775 (+10%) | 1mo | $150,000 | $194 | 47 |
| 300 S Australian Ave #1603 | 0.83mi | 1/1.0 | 774 (+10%) | 2mo | $315,000 | $407 | 46 |
| 630 S Sapodilla Ave S #411 | 1.19mi | 1/1.0 | 800 (+14%) | 0mo | $348,000 | $435 | 42 |
| 508 Beech Rd | 1.40mi | 2/1.0 (+1) | 800 (+14%) | 2mo | $350,000 | $438 | 36 |
| 1820 N Congress Ave #305 | 1.47mi | 2/1.0 (+1) | 850 (+21%) | 1mo | $128,000 | $151 | 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
- IRR
- -21.3%
- Equity multiple
- 0.24×
- Total profit
- $-27,969
- Equity at exit
- $19,501
- IRR
- -7.5%
- Equity multiple
- 0.45×
- Total profit
- $-20,320
- 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
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
- -24.3% 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
- 722
- Price-to-rent
- 6.2×
Monthly cashflow live
- Estimated rent
- $1,746 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
- −$367
- Net cashflow
- $-174
Break-even live
Sensitivity live
| Price | -10% $-100 | -5% $-137 | +0% $-174 | +5% $-211 | +10% $-248 |
|---|---|---|---|---|---|
| Rent | -10% $-312 | -5% $-243 | +0% $-174 | +5% $-105 | +10% $-36 |
| Rate | -1.0pp $-108 | -0.5pp $-140 | base $-174 | +0.5pp $-208 | +1.0pp $-242 |
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 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 480 Executive Center Dr West Palm Beach, FL | 1.0–2.0 | 1.0–2.0 | 805 | $1,595 | $1.98 | 22d | 2 | 0.03mi |
| 480 Executive Center Dr West Palm Beach, FL | 1.0–2.0 | 1.0–2.0 | 805 | $1,595 | $1.98 | 35d | 2 | 0.03mi |
| 500 Executive Center Dr West Palm Beach, FL | 1.0–2.0 | 1.0–2.0 | 918 | $1,570 | $1.71 | 15d | 3 | 0.04mi |
| 401 Executive Center Dr West Palm Beach, FL | 1.0–3.0 | 1.0–2.0 | 899 | $1,595 | $1.77 | 5d | 10 | 0.11mi |
| 706 Executive Center Dr #24 West Palm Beach, FL | 2.0 | 2.0 | 728 | $1,850 | $2.54 | 35d | 1 | 0.17mi |
| 706 Executive Center Dr #26 West Palm Beach, FL | 2.0 | 2.0 | 728 | $1,825 | $2.51 | 3d | 1 | 0.17mi |
| 700 Executive Center Dr West Palm Beach, FL | 1.0 | 1.0 | 588 | $1,675 | $2.85 | 35d | 2 | 0.18mi |
| 700 Executive Center Dr West Palm Beach, FL | 1.0 | 1.0 | 588 | $1,612 | $2.74 | 3d | 2 | 0.18mi |
| 708 Executive Center Dr #12 West Palm Beach, FL | 1.0 | 1.0 | 527 | $1,495 | $2.84 | 22d | 1 | 0.18mi |
| 708 Executive Center Dr #210 West Palm Beach, FL | 1.0 | 1.0 | 527 | $1,600 | $3.04 | 3d | 1 | 0.18mi |
| 724 Executive Center Dr West Palm Beach, FL | 2.0 | 2.0 | 789 | $1,875 | $2.38 | 35d | 2 | 0.19mi |
| 724 Executive Center Dr #36 West Palm Beach, FL | 2.0 | 2.0 | 728 | $1,850 | $2.54 | 22d | 1 | 0.20mi |
| 710 Executive Center Dr West Palm Beach, FL | 1.0 | 1.0 | 550 | $1,699 | $3.09 | 3d | 1 | 0.20mi |
| 718 Executive Center Dr Unit -1 West Palm Beach, FL | 1.0 | 1.0 | 650 | $1,525 | $2.35 | 3d | 1 | 0.20mi |
| 718 Executive Center Dr Unit -1 West Palm Beach, FL | 1.0 | 1.0 | 650 | $1,525 | $2.35 | 14d | 1 | 0.20mi |
| 718 Executive Center Dr #36 West Palm Beach, FL | 1.0 | 1.0 | 728 | $1,525 | $2.09 | 22d | 1 | 0.20mi |
| 714 Executive Center Dr #14 West Palm Beach, FL | 1.0 | 1.0 | 650 | $1,650 | $2.54 | 22d | 1 | 0.21mi |
| 728 Executive Center Dr #110 West Palm Beach, FL | 1.0 | 1.0 | 728 | $1,550 | $2.13 | 22d | 1 | 0.22mi |
| 728 Executive Center Dr #110 West Palm Beach, FL | 1.0 | 1.0 | 650 | $1,600 | $2.46 | 35d | 1 | 0.22mi |
| 645 Executive Center Dr Unit R107 West Palm Beach, FL | 1.0 | 1.0 | 627 | $1,650 | $2.63 | 3d | 1 | 0.24mi |
| 645 Executive Center Dr Unit R205 West Palm Beach, FL | 1.0 | 1.0 | 627 | $1,675 | $2.67 | 35d | 1 | 0.24mi |
| 645 Executive Center Dr Unit R205 West Palm Beach, FL | 1.0 | 1.0 | 627 | $1,675 | $2.67 | 3d | 1 | 0.24mi |
| 635 Executive Center Dr West Palm Beach, FL | 1.0 | 1.0 | 627 | $1,650 | $2.63 | 3d | 1 | 0.25mi |
| 752 Executive Center Dr West Palm Beach, FL | 1.0 | 1.0 | 689 | $1,572 | $2.28 | 3d | 4 | 0.25mi |
| 752 Executive Center Dr West Palm Beach, FL | 1.0 | 1.0 | 689 | $1,572 | $2.28 | 35d | 1 | 0.25mi |
| 637 Executive Center Dr Unit N103 West Palm Beach, FL | 1.0 | 1.0 | 627 | $1,550 | $2.47 | 35d | 1 | 0.25mi |
| 760 Executive Center Dr #32 West Palm Beach, FL | 2.0 | 2.0 | 728 | $1,750 | $2.40 | 3d | 1 | 0.27mi |
| 330 N Ware Dr West Palm Beach, FL | 1.0 | 1.0 | 378 | $1,350 | $3.57 | 3d | 1 | 0.28mi |
| 235 Courtney Lakes Cir Unit 235 West Palm Beach, FL | 1.0 | 1.0 | 615 | $1,250 | $2.03 | 3d | 1 | 0.40mi |
| 1326 8th St West Palm Beach, FL | — | 1.0 | 704 | $2,100 | $2.98 | 57d | 1 | 0.75mi |
| 201 Clearwater Dr West Palm Beach, FL | 2.0 | 1.0–2.0 | 731 | $4,365 | $5.97 | 133d | 16 | 0.84mi |
| 201 Clearwater Dr West Palm Beach, FL | 1.0 | 1.0 | 587 | $3,438 | $5.85 | 0d | 5 | 0.84mi |
| 616 Clearwater Park Rd West Palm Beach, FL | 1.0–2.0 | 1.0–2.0 | 920 | $2,399 | $2.61 | 36d | 5 | 0.91mi |
| 304 N Tamarind Ave West Palm Beach, FL | 2.0 | 1.0 | 725 | $1,800 | $2.48 | 3d | 1 | 0.97mi |
| 919 2nd St West Palm Beach, FL | — | 1.0 | 625 | $1,500 | $2.40 | 35d | 1 | 0.98mi |
| 919 2nd St Unit 1 West Palm Beach, FL | — | 1.0 | 500 | $1,400 | $2.80 | 3d | 1 | 0.98mi |
| 916 4th St Unit 4 West Palm Beach, FL | 2.0 | 1.0 | 645 | $1,595 | $2.47 | 22d | 1 | 1.00mi |
| 916 4th St Unit 4 West Palm Beach, FL | 2.0 | 1.0 | 645 | $1,545 | $2.40 | 3d | 1 | 1.00mi |
| 817 2nd St Unit 4 West Palm Beach, FL | 2.0 | 1.0 | 623 | $1,700 | $2.73 | 18d | 1 | 1.05mi |
| 817 2nd St Unit 4 West Palm Beach, FL | 2.0 | 1.0 | 623 | $1,600 | $2.57 | 3d | 1 | 1.05mi |
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
-
2026-11-08days on market $130,787 Active 193 DOM
-
2026-11-07days on market $130,787 Active 192 DOM
-
2026-11-07days on market $130,787 Active 191 DOM
-
2026-11-05days on market $130,787 Active 190 DOM
-
2026-11-04days on market $130,787 Active 189 DOM
-
2026-11-02days on market $130,787 Active 187 DOM
-
2026-11-01days on market $130,787 Active 186 DOM
-
2026-10-31days on market $130,787 Active 185 DOM
-
2026-10-30days on market $130,787 Active 184 DOM
-
2026-10-29days on market $130,787 Active 183 DOM
-
2026-10-28days on market $130,787 Active 182 DOM
-
2026-10-27days on market $130,787 Active 181 DOM
-
2026-10-26days on market $130,787 Active 180 DOM
-
2026-10-26days on market $130,787 Active 179 DOM
-
2026-10-24days on market $130,787 Active 178 DOM
-
2026-10-23days on market $130,787 Active 177 DOM
-
2026-10-22days on market $130,787 Active 176 DOM
-
2026-10-21days on market $130,787 Active 175 DOM
-
2026-10-20days on market $130,787 Active 174 DOM
-
2026-10-19days on market $130,787 Active 173 DOM
-
2026-10-18days on market $130,787 Active 172 DOM
-
2026-10-17days on market $130,787 Active 171 DOM
-
2026-10-16days on market $130,787 Active 170 DOM
-
2026-10-15days on market $130,787 Active 169 DOM
-
2026-10-14days on market $130,787 Active 168 DOM
-
2026-10-13days on market $130,787 Active 167 DOM
-
2026-10-12days on market $130,787 Active 166 DOM
-
2026-10-11days on market $130,787 Active 165 DOM
-
2026-10-10days on market $130,787 Active 164 DOM
-
2026-10-09days on market $130,787 Active 163 DOM
-
2026-10-08days on market $130,787 Active 162 DOM
-
2026-10-07days on market $130,787 Active 161 DOM
-
2026-10-06days on market $130,787 Active 160 DOM
-
2026-10-05days on market $130,787 Active 159 DOM
-
2026-10-04days on market $130,787 Active 158 DOM
-
2026-10-04days on market $130,787 Active 157 DOM
-
2026-10-02days on market $130,787 Active 156 DOM
-
2026-10-01days on market $130,787 Active 155 DOM
-
2026-09-30days on market $130,787 Active 154 DOM
-
2026-09-29days on market $130,787 Active 153 DOM
-
2026-09-28days on market $130,787 Active 152 DOM
-
2026-09-27days on market $130,787 Active 151 DOM
-
2026-09-25days on market $130,787 Active 149 DOM
-
2026-09-24days on market $130,787 Active 148 DOM
-
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
ⓘ 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
- $20,957
- − Mortgage interest
- −$7,326
- − Property taxes
- −$2,484
- − Insurance
- −$654
- − Repairs & maintenance
- −$1,677
- − Management
- −$1,677
- − HOA
- −$7,272
- − Depreciation
- −$3,805
- Taxable loss
- −$3,936
- Est. tax savings @ 24.0%
- +$945
- After-tax cash flow
- $-1,139/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
This well-maintained townhouse in a desirable location offers a good investment opportunity with minimal repairs needed.
Components & finishes AI
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.
Zoned Schools
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 — West Palm Beach
- Score
- 82/100
- State rank
- #75
- US rank
- #1255
Category grades
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%
- 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…