300 La Mancha Ave · Royal Palm Beach, FL 33411

$579,000

3 bd · 2.0 ba · 1,710 sqft · SingleFamily public records · 25 Days on market

Built 1987 10,367 sqft lot Est $628k · 8% under

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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 +11.0/15.0
• Appreciation +10.0/10.0
• Cash flow +6.4/30.0
• Schools +4.3/10.0
• Livability +4.0/5.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• 1% rule +1.2/10.0
• DSCR +0.7/10.0

Listing remarks MLS

Beautiful 4 bedroom, 2 bathroom, CBS home in highly desired La Mancha! Fully renovated with a 2 car garage! NO HOA! Accordian Hurricane Shutters! Top to bottom with high-end materials & finishes. Kitchen complete w/ white cabinetry, granite countertops, & stainless steel appliances. Master-suite features walk in closet, Roman tub, dual sinks, and separate shower- all w/ porcelain & mosaic finishes. New flooring with 5.5inch baseboards throughout. Brand New Garage Door! Fully upgraded electrical w/ new lighting throughout & ''High-Hats'' in kitchen. Excellent Split bedroom layout w/ vaulted ceilings. Freshly painted! Fully fenced and sodded backyard. Nicely landscaped .25 Acre lot! Listing subject to errors & omissions. Hurry - Come see today!

Key facts

• Unobstructed view
• Custom lighting
• Cathedral ceiling

Tags

• UNOBSTRUCTED VIEW
• WOOD STYLE FLOORING
• CATHEDRAL CEILING
• CUSTOM LIGHTING
• FIREPLACE
• BUILT IN SURROUND SOUND

Property features AI

Finance

• Other: Green energy efficient appliances and lighting; Pets allowed with no restrictions
• Financial info: No land lease

Exterior

• Parking: Total parking for 6 vehicles; Attached 2-car garage; 2 covered spaces; 4 open parking spaces; Concrete driveway
• Utilities: Public water; Public sewer; 200+ amp electric service; Cable connected; Electricity connected; Phone available
• Home design: Single family residence; One story; Resale condition; East-facing
• Construction: Concrete construction
• Exterior features: Open patio; Patio; Back yard fencing; Chain link and vinyl fencing; Fully fenced yard; Fruit trees; Room for pool; Sidewalks; Landscaped yard; Shingle roof; City street frontage

Interior

• Kitchen: Electric range; Refrigerator
• Bedrooms: 4 bedrooms on the main level
• Flooring: Laminate flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air; Attic fan; Ceiling fans
• Interior features: Built-in features; Cathedral ceilings; Walk-in closets; Split bedroom layout; Roman tub
• Laundry & utility: Energy Star qualified washer; Laundry located in garage

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $579k.

Deal economics

• At list price, monthly cash flow is $-1k ($-12k/yr) — negative.
• To cash-flow at today's rent, offer at most $402k (30.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $356k (38.4% below list).
• Recommended offer: $356k (38.4% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 79/100 on livability (#135 in FL, #2,039 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, health & safety A+; Watch: cost of living C-, amenities F, commute F.
• Palm Beach (suburban): math 46% / reading 53% proficiency, ranked #34 of 73 in FL (top 47%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: H. L. Johnson Elementary School (math 70% / reading 69%, grade A-, #364 of 2,144 statewide, top 19%, 817 students, 40% FRL); Crestwood Community Middle (math 49% / reading 52%, grade C, #246 of 571 statewide, top 44%, 724 students, 50% FRL); Royal Palm Beach High School (math 22% / reading 38%, grade F, #441 of 667 statewide, top 67%, 2,343 students, 57% FRL) — zoned schools at 49% FRL track the district average.
• Market conditions: Rents flat; 574 active listings in the ZIP; 27 comparable units currently listed for rent nearby; rentals at typical pace (median 22d 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 $3,564/mo this rent would consume 46% of the median local household income ($93k/yr) (locally 1870% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $62k of equity ($4k loan paydown + $58k appreciation (10.0% local appreciation)).
• Palm Beach County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$100k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 25 days — a 2% lower offer ($570k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 5y ago; this cycle's ask has dropped $90k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $418k; 39% 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 $356,427 (38.4% below list)

Questions for the listing agent

1. 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?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. 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.
6. 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.
7. 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: 0.62% ✗
• Cap rate: 4.22%
• Cash-on-cash: -7.42%
• DSCR: 0.67
• GRM: 13.5

CMA / ARV

• ARV (on-the-fly): $627,570
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
123 Santiago St	0.70mi	3/2.0	1,705 (-0%)	18mo	$625,000	$367	52

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 0.85% rent growth · sell at horizon

5-year hold

• IRR: 18.5%
• Equity multiple: 2.50×
• Total profit: $243,924
• Equity at exit: $521,609

10-year hold

• IRR: 16.9%
• Equity multiple: 5.65×
• Total profit: $754,365
• Equity at exit: $1,124,870

Cash invested: $162,120 (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 33411

• Home prices YoY: 1.9%
• Rents YoY: 0.8%
• Active inventory: 574
• Price-to-rent: 13.5×

Monthly cashflow live

• Estimated rent: $3,564 high
• Mortgage (P&I): −$3,036
• Tax from tax record: −$540 /mo · $6,480/yr
• Insurance: −$241
• HOA: −$0
• Vacancy / Maint / Mgmt: −$748
• Net cashflow: $-1,002

Break-even live

Break-even rent $4,832

Max offer price $402,025

Occupancy floor —

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: $144,750
• Closing costs: $17,370
• Reserves months: —
• Total cash needed: —

Rent comps 27 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
113 Madrid St Royal Palm Beach, FL	3.0	3.0	1720	$4,500	$2.62	10d	1	0.13mi
113 Madrid St Royal Palm Beach, FL	4.0	3.0	1720	$4,500	$2.62	24d	1	0.13mi
147 Alcazar St Royal Palm Beach, FL	4.0	3.0	2182	$3,950	$1.81	5d	1	0.48mi
240 Bilbao St Royal Palm Beach, FL	3.0	2.0	1440	$3,400	$2.36	24d	1	0.50mi
100 Miramar Ave Royal Palm Beach, FL	3.0	2.0	1812	$3,600	$1.99	24d	1	0.52mi
221 Bilbao St Royal Palm Beach, FL	3.0	2.0	1657	$3,700	$2.23	24d	1	0.57mi
158 Cordoba Cir Royal Palm Beach, FL	3.0	2.0	1887	$3,850	$2.04	22d	1	0.69mi
191 Parkwood Dr Royal Palm Beach, FL	3.0	3.0	2200	$4,000	$1.82	24d	1	0.74mi
151 Cordoba Cir Royal Palm Beach, FL	3.0	2.0	1421	$3,300	$2.32	24d	1	0.76mi
212 Trace Ct Royal Palm Beach, FL	3.0	2.0	1740	$3,050	$1.75	5d	1	0.79mi
190 Parkwood Dr Royal Palm Beach, FL	3.0	2.0	1644	$3,200	$1.95	24d	1	0.80mi
148 Ponce de Leon St Royal Palm Beach, FL	3.0	2.0	2022	$3,500	$1.73	24d	1	0.89mi
216 Cordoba Cir Royal Palm Beach, FL	3.0	2.0	1461	$3,080	$2.11	7d	1	0.90mi
81 Westecunk Dr Royal Palm Beach, FL	2.0	2.0	1347	$2,550	$1.89	17d	1	0.91mi
147 Sunflower Cir Royal Palm Beach, FL	4.0	2.0	2000	$4,100	$2.05	2d	1	0.96mi
147 Sunflower Cir Royal Palm Beach, FL	4.0	2.0	2000	$4,300	$2.15	19d	1	0.96mi
145 Prestige Dr Royal Palm Beach, FL	3.0	2.0	1464	$2,900	$1.98	17d	1	1.08mi
101 Fairway Ln Royal Palm Beach, FL	3.0	2.5	1684	$3,300	$1.96	22d	1	1.09mi
1605 Palm Beach Trace Dr Royal Palm Beach, FL	2.0	2.0	1201	$2,100	$1.75	12d	1	1.12mi
1803 Palm Beach Trace Dr Royal Palm Beach, FL	2.0	2.0	1201	$2,000	$1.67	18d	1	1.13mi
36 Danbury Ct Unit B Royal Palm Beach, FL	2.0	2.5	1398	$2,300	$1.65	11d	1	1.14mi
43 Essex Ct Unit A Royal Palm Beach, FL	2.0	2.5	1398	$2,500	$1.79	24d	1	1.14mi
2830 Bellarosa Cir West Palm Beach, FL	3.0	2.5	2046	$3,300	$1.61	24d	1	1.18mi
2106 Belcara Ct West Palm Beach, FL	3.0	2.0	1891	$3,400	$1.80	24d	1	1.19mi
180 Heatherwood Dr Royal Palm Beach, FL	3.0	2.0	1462	$2,710	$1.85	5d	1	1.22mi
1407 Lakeview Dr E Royal Palm Beach, FL	2.0	2.0	1165	$2,300	$1.97	7d	1	1.32mi
1601 Lakeview Dr W Unit 1601 Royal Palm Beach, FL	3.0	2.5	1296	$2,375	$1.83	22d	1	1.38mi

Listing history 28 events

1. 2026-06-18
   days on market $579,000 Active 25 DOM
2. 2026-06-17
   days on market $579,000 Active 24 DOM
3. 2026-06-16
   days on market $579,000 Active 23 DOM
4. 2026-06-15
   days on market $579,000 Active 22 DOM
5. 2026-06-13
   days on market $579,000 Active 20 DOM
6. 2026-06-09
   days on market $579,000 Active 16 DOM
7. 2026-06-08
   days on market $579,000 Active 15 DOM
8. 2026-06-07
   days on market $579,000 Active 14 DOM
9. 2026-06-04
   days on market $579,000 Active 11 DOM
10. 2026-06-03
    days on market $579,000 Active 10 DOM
11. 2026-06-02
    days on market $579,000 Active 9 DOM
12. 2026-06-01
    days on market $579,000 Active 8 DOM
13. 2026-05-31
    days on market $579,000 Active 7 DOM
14. 2026-05-24
    price $619,000
15. 2026-05-24
    listed $669,000 Active
16. 2021-07-26
    soldstatus $418,000
17. 2021-07-21
    soldstatus $418,000 Closed 773-char remark

    Show marketing remark (773 chars)

    Beautiful 4 bedroom, 2 bathroom, CBS home in highly desired La Mancha! Fully renovated with a 2 car garage! NO HOA! Accordian Hurricane Shutters! Top to bottom with high-end materials & finishes. Kitchen complete w/ white cabinetry, granite countertops, & stainless steel appliances. Master-suite features walk in closet, Roman tub, dual sinks, and separate shower- all w/ porcelain & mosaic finishes. New flooring with 5.5inch baseboards throughout. Brand New Garage Door! Fully upgraded electrical w/ new lighting throughout & ''High-Hats'' in kitchen. Excellent Split bedroom layout w/ vaulted ceilings. Freshly painted! Fully fenced and sodded backyard. Nicely landscaped .25 Acre lot! Listing subject to errors & omissions. Hurry - Come see today!

18. 2021-07-08
    status Pending 773-char remark

    Show marketing remark (773 chars)

    Beautiful 4 bedroom, 2 bathroom, CBS home in highly desired La Mancha! Fully renovated with a 2 car garage! NO HOA! Accordian Hurricane Shutters! Top to bottom with high-end materials & finishes. Kitchen complete w/ white cabinetry, granite countertops, & stainless steel appliances. Master-suite features walk in closet, Roman tub, dual sinks, and separate shower- all w/ porcelain & mosaic finishes. New flooring with 5.5inch baseboards throughout. Brand New Garage Door! Fully upgraded electrical w/ new lighting throughout & ''High-Hats'' in kitchen. Excellent Split bedroom layout w/ vaulted ceilings. Freshly painted! Fully fenced and sodded backyard. Nicely landscaped .25 Acre lot! Listing subject to errors & omissions. Hurry - Come see today!

19. 2021-07-02
    status Active 773-char remark

    Show marketing remark (773 chars)

    Beautiful 4 bedroom, 2 bathroom, CBS home in highly desired La Mancha! Fully renovated with a 2 car garage! NO HOA! Accordian Hurricane Shutters! Top to bottom with high-end materials & finishes. Kitchen complete w/ white cabinetry, granite countertops, & stainless steel appliances. Master-suite features walk in closet, Roman tub, dual sinks, and separate shower- all w/ porcelain & mosaic finishes. New flooring with 5.5inch baseboards throughout. Brand New Garage Door! Fully upgraded electrical w/ new lighting throughout & ''High-Hats'' in kitchen. Excellent Split bedroom layout w/ vaulted ceilings. Freshly painted! Fully fenced and sodded backyard. Nicely landscaped .25 Acre lot! Listing subject to errors & omissions. Hurry - Come see today!

20. 2021-06-29
    historical Active Under Contract 773-char remark

    Show marketing remark (773 chars)

    Beautiful 4 bedroom, 2 bathroom, CBS home in highly desired La Mancha! Fully renovated with a 2 car garage! NO HOA! Accordian Hurricane Shutters! Top to bottom with high-end materials & finishes. Kitchen complete w/ white cabinetry, granite countertops, & stainless steel appliances. Master-suite features walk in closet, Roman tub, dual sinks, and separate shower- all w/ porcelain & mosaic finishes. New flooring with 5.5inch baseboards throughout. Brand New Garage Door! Fully upgraded electrical w/ new lighting throughout & ''High-Hats'' in kitchen. Excellent Split bedroom layout w/ vaulted ceilings. Freshly painted! Fully fenced and sodded backyard. Nicely landscaped .25 Acre lot! Listing subject to errors & omissions. Hurry - Come see today!

21. 2021-06-24
    listed $418,000 Active 773-char remark

    Show marketing remark (773 chars)

    Beautiful 4 bedroom, 2 bathroom, CBS home in highly desired La Mancha! Fully renovated with a 2 car garage! NO HOA! Accordian Hurricane Shutters! Top to bottom with high-end materials & finishes. Kitchen complete w/ white cabinetry, granite countertops, & stainless steel appliances. Master-suite features walk in closet, Roman tub, dual sinks, and separate shower- all w/ porcelain & mosaic finishes. New flooring with 5.5inch baseboards throughout. Brand New Garage Door! Fully upgraded electrical w/ new lighting throughout & ''High-Hats'' in kitchen. Excellent Split bedroom layout w/ vaulted ceilings. Freshly painted! Fully fenced and sodded backyard. Nicely landscaped .25 Acre lot! Listing subject to errors & omissions. Hurry - Come see today!

22. 2021-05-04
    soldstatus $265,500 Closed 70-char remark

    Show marketing remark (70 chars)

    Great sought after community. You don't want to miss this great buy!!

23. 2021-04-24
    historical Active Under Contract 70-char remark

    Show marketing remark (70 chars)

    Great sought after community. You don't want to miss this great buy!!

24. 2021-04-23
    listed $265,500 Active 70-char remark

    Show marketing remark (70 chars)

    Great sought after community. You don't want to miss this great buy!!

25. 2003-03-03
    soldstatus $180,000
26. 1998-07-01
    soldstatus $106,000
27. 1987-01-01
    soldstatus $82,000
28. 1983-11-01
    soldstatus $12,000

ⓘ 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: $6,480 · $540/mo
• Projected year-2 tax: $6,480 · $540/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 4/10 Moderate
• 🌡 Heat 10/10 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 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $42,771
• − Mortgage interest: −$32,433
• − Property taxes: −$6,480
• − Insurance: −$2,895
• − Repairs & maintenance: −$3,422
• − Management: −$3,422
• − Depreciation: −$16,844
• Taxable loss: −$22,724
• Est. tax savings @ 24.0%: +$5,454
• After-tax cash flow: $-6,568/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 — Royal Palm Beach

• Score: 79/100
• State rank: #135
• US rank: #2039

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Royal Palm Beach, FL
• County: Palm Beach County · 1,438,312 people
• City population: 75,299
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 76,863
• Household income: $92,591
• Rent vs Own: 20.5% rent · 79.5% own
• Severe rent burden: 1870.0

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 0.70)
• Race & ethnicity: White 44% Hispanic / Latino 24% Black 23% Two or more races 16% Asian 5%
• Hispanic origin (detail): Mexican 2% Puerto Rican 5% Cuban 4% Dominican 2%
• Common ancestry: Hispanic 6% Romanian 2% Italian 1%
• Foreign-born: 26% · Canada, Jamaica, China
• Languages at home: 73% English-only · Spanish 17% French/Haitian/Cajun 4% Other Indo-European 2%

Political lean MEDSL · Palm Beach

• 2024 margin: Toss-up / Even · D 50.0% · R 49.2%
• 2008→2024 swing: -22.1pp toward R · 2008: 22.9pp · 2024: 0.8pp
• All cycles: 2024: D+0.8 2020: D+12.8 2016: D+15.3 2012: D+17.0 2008: D+22.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 17.04%
• Current HPI: 903.78
• Rent YoY: ▲ 0.85%
• 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

+5058.3% since first listed

15 events — show timeline

• 2026-05-24 Price Changed $619,000 Beaches MLS
• 2026-05-24 Listed $669,000 Beaches MLS
• 2021-07-26 Sold (Public Records) $418,000 Public Records
• 2021-07-21 Sold (MLS) $418,000 Beaches MLS
• 2021-07-08 Pending — Beaches MLS
• 2021-07-02 Relisted — Beaches MLS
• 2021-06-29 Contingent — Beaches MLS
• 2021-06-24 Listed $418,000 Beaches MLS
• 2021-05-04 Sold (MLS) $265,500 Beaches MLS
• 2021-04-24 Contingent — Beaches MLS
• 2021-04-23 Listed $265,500 Beaches MLS
• 2003-03-03 Sold (Public Records) $180,000 Public Records
• 1998-07-01 Sold (Public Records) $106,000 Public Records
• 1987-01-01 Sold (Public Records) $82,000 Public Records
• 1983-11-01 Sold (Public Records) $12,000 Public Records

Property tax history

+8.8%/yr

Latest (2025): $6,480 · +3.1% YoY. Source: county tax records.