7509 Glendevon Ln #1006 · Boca Raton, FL 33446

$139,500

2 bd · 2.0 ba · 1,260 sqft · Condo public records · 128 Days on market

Built 1985 $671/mo HOA · 26% 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 +28.8/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Appreciation +5.3/10.0
• Schools +4.3/10.0
• Livability +3.9/5.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

PRIDE OF OWNERSHIP SAYS IT ALL !! COME EXPERIENCE COUNTRY CLUB LIVING AT ITS FINEST IN THIS IMMACULATELY MAINTAINED, BEAUTIFULLY & FULLY FURNISHED & UPDATED 2BR/2BATH APARTMENT IN ABSOLUTE MOVE IN CONDITION! MANY UPGRADES INCLUDE: (SEE ADDENDUM) NEW BERBER CARPETING & LAMINATE FLOORING, NEW AIR HANDLER, & NEWER A/C & HOT WATER HEATER. UPDATED, COZY KITCHEN FEATURES NEW DISHWASHER, NEW DISPOSAL & NEWER CABINETS & COUNTERS. ENJOY A LOVELY GARDEN AND POOL VIEW FROM A LARGE PRIVATE SCREENED PATIO WITH NEW CARPETING. FOR THE BUYER THAT IS LOOKING FOR COMFORT & LUXURY AT AN AFFORDABLE PRICE.... THIS IS IT!! GLENEAGLES COUNTRY CLUB AMENITIES INCLUDE SPECTACULAR CLUBHOUSE, FORMAL & CASUAL DINING, GREAT LOUNGE AND CARD ROOMS, MULTIPLE POOLS, STATE OF THE ART FI... (see supplement for full remarks) PRIDE OF OWNERSHIP SAYS IT ALL !! COME EXPERIENCE COUNTRY CLUB LIVING AT ITS FINEST IN THIS IMMACULATELY MAINTAINED, BEAUTIFULLY & FULLY FURNISHED & UPDATED 2BR/2BATH APARTMENT IN ABSOLUTE MOVE IN CONDITION! MANY UPGRADES INCLUDE: (SEE ADDENDUM) NEW BERBER CARPETING & LAMINATE FLOORING, NEW AIR HANDLER, & NEWER A/C & HOT WATER HEATER. UPDATED, COZY KITCHEN FEATURES NEW DISHWASHER, NEW DISPOSAL & NEWER CABINETS & COUNTERS. ENJOY A LOVELY GARDEN AND POOL VIEW FROM A LARGE PRIVATE SCREENED PATIO WITH NEW CARPETING. FOR THE BUYER THAT IS LOOKING FOR COMFORT & LUXURY AT AN AFFORDABLE PRICE.... THIS IS IT!! GLENEAGLES COUNTRY CLUB AMENITIES INCLUDE SPECTACULAR CLUBHOUSE, FORMAL & CASUAL DINING, GREAT LOUNGE AND CARD ROOMS, MULTIPLE POOLS, STATE OF THE ART FITNESS CENTER, 2 CHAMPIONSHIP GOLF COURSES, 21 HAR-TRU TENNIS COURTS AND ENDLESS SOCIAL EVENTS AND ACTIVITIES. GREAT LOCATION... ONLY 4.5 MILES TO TRENDY DOWNTOWN DELRAY BEACH! (Lg. screen tv, Stereo & RCA component system excluded)

Key facts

• Pickle ball center
• Tennis
• Multiple pools

Tags

• PRIVATE SCREENED IN PATIO
• MULTIPLE POOLS
• TENNIS
• PICKLE BALL CENTER

Property features AI

Finance

• Other: Pets allowed with possible breed restrictions and other pet restrictions
• Financial info: Monthly HOA fee
• HOA & community: Community amenities include clubhouse, fitness center, golf course, jogging path, pool, tennis courts, pickleball courts, putting green, cafe/restaurant, community room, manager on site, parking, sidewalks and street lights; HOA dues paid monthly

Exterior

• Parking: Assigned parking
• Security: Gated community with guard; On-site security guard and security patrol; Owned security system
• Utilities: Public water; Public sewer; Three-phase electric; Cable available; Underground utilities
• Home design: Condominium; Multi/split levels; Two-story building; Faces south; Resale property
• Construction: CBS construction; Flat roof; Built as part of an existing building (resale)
• Exterior features: Screened patio; Patio; Porch; Interior lot with sidewalks; Not waterfront

Interior

• Kitchen: Dishwasher; Electric range; Microwave; Refrigerator; Disposal; Electric water heater
• Bedrooms: Two bedrooms on the main level
• Flooring: Carpet; Ceramic tile
• Bathrooms: Two full bathrooms
• Heating & cooling: Central electric heating; Central air conditioning with reverse cycle
• Interior features: Cathedral and vaulted ceilings with high ceilings; Wet bar; Walk-in closets; Split bedroom layout; Closet cabinetry; Blinds and sliding windows
• Laundry & utility: Unfurnished (no washer/dryer specified)

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $140k.

Deal economics

• At list price, monthly cash flow is $469 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $140k).
• Recommended offer: $123k (12.0% below list) — sets the bar for market timing.
• Cap rate 10.3% vs local median 2.7% in Boca Raton — 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 (#192 in FL, #3,070 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, health & safety A+, crime B+; Watch: amenities D, 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: Orchard View Elementary School (math 48% / reading 47%, grade D, #1,182 of 2,144 statewide, top 55%, 596 students, 76% FRL); Carver Middle School (math 22% / reading 34%, grade F, #486 of 571 statewide, top 86%, 732 students, 73% FRL); Spanish River Community High School (math 64% / reading 74%, grade B, #63 of 667 statewide, top 10%, 2,578 students, 25% FRL).
• Market conditions: Rents flat; 584 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 23d 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).
• This rent runs 38% of the median local income ($80k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $2k of equity ($964 loan paydown + $958 appreciation (0.7% local appreciation)).
• Palm Beach County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (0.7% appreciation + 0.5% rent growth), your $39k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 128 days — a 12% lower offer ($123k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 28y ago; this cycle's ask has dropped $20k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.

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→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $122,760 (12.0% below list)

Questions for the listing agent

1. It's been on market 128 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. 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?
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 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?
7. 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.
8. 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.
9. 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: 1.83% ✓
• Cap rate: 10.33%
• Cash-on-cash: 14.42%
• DSCR: 1.64
• GRM: 4.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

0.69% appreciation · 0.51% rent growth · sell at horizon

5-year hold

• IRR: 12.9%
• Equity multiple: 1.63×
• Total profit: $24,522
• Equity at exit: $45,363

10-year hold

• IRR: 14.6%
• Equity multiple: 2.55×
• Total profit: $60,669
• Equity at exit: $58,573

Cash invested: $39,060 (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 33446

• Home prices YoY: 0.3%
• Rents YoY: 0.5%
• Active inventory: 584
• Price-to-rent: 4.5×

Monthly cashflow live

• Estimated rent: $2,558 high
• Mortgage (P&I): −$732
• Tax from tax record: −$91 /mo · $1,093/yr
• Insurance: −$58
• HOA: −$671
• Vacancy / Maint / Mgmt: −$537
• Net cashflow: $469

Break-even live

Break-even rent $1,964

Max offer price $139,500

Occupancy floor 77%

Sensitivity live

Price	-10% $548	-5% $509	+0% $469	+5% $430	+10% $390
Rent	-10% $267	-5% $368	+0% $469	+5% $570	+10% $671
Rate	-1.0pp $540	-0.5pp $505	base $469	+0.5pp $433	+1.0pp $396

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: $34,875
• Closing costs: $4,185
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7533 Glendevon Ln #907 Delray Beach, FL	2.0	2.0	1311	$8,000	$6.10	16d	1	0.01mi
7509 Glendevon Ln #1002 Delray Beach, FL	2.0	2.0	1399	$9,500	$6.79	19d	1	0.01mi
7455 Glendevon Ln #206 Delray Beach, FL	2.0	2.0	1260	$9,500	$7.54	26d	1	0.01mi
15694 Loch Maree Ln #5903 Delray Beach, FL	2.0	2.0	1705	$9,000	$5.28	16d	1	0.22mi
7254 Clunie Pl #15002 Delray Beach, FL	2.0	2.0	1311	$9,000	$6.86	26d	1	0.23mi
15711 Loch Maree Ln #4702 Delray Beach, FL	2.0	2.0	1688	$10,000	$5.92	26d	1	0.27mi
15831 Loch Maree Ln #5502 Delray Beach, FL	2.0	2.0	1340	$9,500	$7.09	14d	1	0.32mi
7657 Lexington Club Blvd Delray Beach, FL	3.0	2.0	1645	$4,500	$2.74	26d	1	0.49mi
7512 Eagle Point Dr Delray Beach, FL	3.0	2.0	1463	$4,000	$2.73	5d	1	0.50mi
7512 Eagle Point Dr Delray Beach, FL	3.0	2.0	1461	$4,000	$2.74	1d	1	0.50mi
7512 Eagle Point Dr Unit 7512 Delray Beach, FL	3.0	2.0	1463	$4,000	$2.73	20d	1	0.50mi
16021 Loch Katrine Trl #7405 Delray Beach, FL	2.0	2.0	1311	$9,500	$7.25	26d	1	0.51mi
16032 Lomond Hills Trl #152 Delray Beach, FL	2.0	2.0	1415	$10,000	$7.07	22d	1	0.52mi
15085 Michelangelo Blvd #202 Delray Beach, FL	3.0	2.0	1238	$2,700	$2.18	23d	1	0.53mi
15145 Michelangelo Blvd #102 Delray Beach, FL	3.0	2.0	1238	$2,600	$2.10	26d	1	0.54mi
15145 Michelangelo Blvd #102 Delray Beach, FL	3.0	2.0	1238	$2,600	$2.10	4d	1	0.54mi
15145 Michelangelo Blvd #102 Delray Beach, FL	3.0	2.0	1238	$2,600	$2.10	1d	1	0.54mi
15306 W Tranquility Lake Dr Delray Beach, FL	2.0	2.0	1175	$2,850	$2.43	12d	1	0.54mi
15055 Michelangelo Blvd Delray Beach, FL	2.0–3.0	2.0	1158	$2,125	$1.83	23d	2	0.57mi
15055 Michelangelo Blvd #208 Delray Beach, FL	3.0	2.0	1238	$2,500	$2.02	1d	1	0.57mi
15065 Michelangelo Blvd #105 Delray Beach, FL	2.0	2.0	1079	$2,400	$2.22	4d	1	0.59mi
15065 Michelangelo Blvd #105 Delray Beach, FL	2.0	2.0	1079	$2,400	$2.22	23d	1	0.59mi
15155 Michelangelo Blvd #106 Delray Beach, FL	2.0	2.0	1079	$2,400	$2.22	21d	1	0.59mi
15155 Michelangelo Blvd #106 Delray Beach, FL	2.0	2.0	1079	$2,400	$2.22	26d	1	0.59mi
15212 W Tranquility Lake Dr Unit 15212 Delray Beach, FL	2.0	2.0	1175	$3,250	$2.77	23d	1	0.60mi
15155 Michelangelo Blvd Delray Beach, FL	2.0	2.0	1079	$2,288	$2.12	9d	2	0.60mi
15155 Michelangelo Blvd Delray Beach, FL	2.0	2.0	1079	$2,288	$2.12	0d	2	0.60mi
15005 Michelangelo Blvd Delray Beach, FL	2.0–3.0	2.0	1234	$2,050	$1.66	1d	21	0.60mi
15035 Michelangelo Blvd #103 Delray Beach, FL	2.0	2.0	1079	$2,000	$1.85	26d	1	0.61mi
15015 Michelangelo Blvd #102 Delray Beach, FL	3.0	2.0	1238	$2,499	$2.02	26d	1	0.65mi
15015 Michelangelo Blvd #102 Delray Beach, FL	3.0	2.0	1238	$2,499	$2.02	5d	1	0.65mi
417 Brittany Dr #417 Delray Beach, FL	2.0	2.0	880	$1,750	$1.99	22d	1	0.70mi
233 Brittany Dr Unit 233 Delray Beach, FL	2.0	2.0	988	$1,700	$1.72	26d	1	0.73mi
568 Brittany L Delray Beach, FL	2.0	2.0	883	$1,950	$2.21	26d	1	0.73mi
292 Brittany Ave #292 Delray Beach, FL	2.0	2.0	880	$1,700	$1.93	5d	1	0.73mi
233 Brittany F Unit F Delray Beach, FL	2.0	2.0	988	$1,600	$1.62	9d	1	0.73mi
233 Brittany F Unit F Delray Beach, FL	2.0	2.0	988	$1,600	$1.62	26d	1	0.73mi
564 Brittany L Delray Beach, FL	2.0	2.5	880	$1,800	$2.05	26d	1	0.73mi
537 Brittany K Unit 537 Delray Beach, FL	2.0	2.0	880	$1,700	$1.93	26d	1	0.73mi
260 Brittany F Unit F Delray Beach, FL	2.0	2.0	880	$1,600	$1.82	3d	1	0.73mi

HOA detail condo

• Monthly dues: $671 · $8,052/yr
• Likely covers: waterpoolgym
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 27 events

1. 2026-06-21
   days on market $139,500 Active 128 DOM
2. 2026-06-18
   days on market $139,500 Active 125 DOM
3. 2026-06-17
   days on market $139,500 Active 124 DOM
4. 2026-06-16
   days on market $139,500 Active 123 DOM
5. 2026-06-15
   days on market $139,500 Active 122 DOM
6. 2026-06-13
   days on market $139,500 Active 120 DOM
7. 2026-06-09
   days on market $139,500 Active 116 DOM
8. 2026-06-07
   days on market $139,500 Active 114 DOM
9. 2026-06-04
   days on market $139,500 Active 111 DOM
10. 2026-06-03
    days on market $139,500 Active 110 DOM
11. 2026-06-01
    days on market $139,500 Active 108 DOM
12. 2026-05-31
    days on market $139,500 Active 107 DOM
13. 2026-03-03
    price $139,500
14. 2026-02-12
    listed $160,000 Active
15. 2014-12-01
    historical
16. 2013-12-18
    listed $57,500 Active
17. 2007-09-24
    soldstatus $125,000
18. 2007-09-19
    soldstatus $125,000 1869-char remark

    Show marketing remark (1869 chars)

    PRIDE OF OWNERSHIP SAYS IT ALL !! COME EXPERIENCE COUNTRY CLUB LIVING AT ITS FINEST IN THIS IMMACULATELY MAINTAINED, BEAUTIFULLY & FULLY FURNISHED & UPDATED 2BR/2BATH APARTMENT IN ABSOLUTE MOVE IN CONDITION! MANY UPGRADES INCLUDE: (SEE ADDENDUM) NEW BERBER CARPETING & LAMINATE FLOORING, NEW AIR HANDLER, & NEWER A/C & HOT WATER HEATER. UPDATED, COZY KITCHEN FEATURES NEW DISHWASHER, NEW DISPOSAL & NEWER CABINETS & COUNTERS. ENJOY A LOVELY GARDEN AND POOL VIEW FROM A LARGE PRIVATE SCREENED PATIO WITH NEW CARPETING. FOR THE BUYER THAT IS LOOKING FOR COMFORT & LUXURY AT AN AFFORDABLE PRICE.... THIS IS IT!! GLENEAGLES COUNTRY CLUB AMENITIES INCLUDE SPECTACULAR CLUBHOUSE, FORMAL & CASUAL DINING, GREAT LOUNGE AND CARD ROOMS, MULTIPLE POOLS, STATE OF THE ART FI... (see supplement for full remarks) PRIDE OF OWNERSHIP SAYS IT ALL !! COME EXPERIENCE COUNTRY CLUB LIVING AT ITS FINEST IN THIS IMMACULATELY MAINTAINED, BEAUTIFULLY & FULLY FURNISHED & UPDATED 2BR/2BATH APARTMENT IN ABSOLUTE MOVE IN CONDITION! MANY UPGRADES INCLUDE: (SEE ADDENDUM) NEW BERBER CARPETING & LAMINATE FLOORING, NEW AIR HANDLER, & NEWER A/C & HOT WATER HEATER. UPDATED, COZY KITCHEN FEATURES NEW DISHWASHER, NEW DISPOSAL & NEWER CABINETS & COUNTERS. ENJOY A LOVELY GARDEN AND POOL VIEW FROM A LARGE PRIVATE SCREENED PATIO WITH NEW CARPETING. FOR THE BUYER THAT IS LOOKING FOR COMFORT & LUXURY AT AN AFFORDABLE PRICE.... THIS IS IT!! GLENEAGLES COUNTRY CLUB AMENITIES INCLUDE SPECTACULAR CLUBHOUSE, FORMAL & CASUAL DINING, GREAT LOUNGE AND CARD ROOMS, MULTIPLE POOLS, STATE OF THE ART FITNESS CENTER, 2 CHAMPIONSHIP GOLF COURSES, 21 HAR-TRU TENNIS COURTS AND ENDLESS SOCIAL EVENTS AND ACTIVITIES. GREAT LOCATION... ONLY 4.5 MILES TO TRENDY DOWNTOWN DELRAY BEACH! (Lg. screen tv, Stereo & RCA component system excluded)

19. 2007-08-24
    historical 1869-char remark

    Show marketing remark (1869 chars)

    PRIDE OF OWNERSHIP SAYS IT ALL !! COME EXPERIENCE COUNTRY CLUB LIVING AT ITS FINEST IN THIS IMMACULATELY MAINTAINED, BEAUTIFULLY & FULLY FURNISHED & UPDATED 2BR/2BATH APARTMENT IN ABSOLUTE MOVE IN CONDITION! MANY UPGRADES INCLUDE: (SEE ADDENDUM) NEW BERBER CARPETING & LAMINATE FLOORING, NEW AIR HANDLER, & NEWER A/C & HOT WATER HEATER. UPDATED, COZY KITCHEN FEATURES NEW DISHWASHER, NEW DISPOSAL & NEWER CABINETS & COUNTERS. ENJOY A LOVELY GARDEN AND POOL VIEW FROM A LARGE PRIVATE SCREENED PATIO WITH NEW CARPETING. FOR THE BUYER THAT IS LOOKING FOR COMFORT & LUXURY AT AN AFFORDABLE PRICE.... THIS IS IT!! GLENEAGLES COUNTRY CLUB AMENITIES INCLUDE SPECTACULAR CLUBHOUSE, FORMAL & CASUAL DINING, GREAT LOUNGE AND CARD ROOMS, MULTIPLE POOLS, STATE OF THE ART FI... (see supplement for full remarks) PRIDE OF OWNERSHIP SAYS IT ALL !! COME EXPERIENCE COUNTRY CLUB LIVING AT ITS FINEST IN THIS IMMACULATELY MAINTAINED, BEAUTIFULLY & FULLY FURNISHED & UPDATED 2BR/2BATH APARTMENT IN ABSOLUTE MOVE IN CONDITION! MANY UPGRADES INCLUDE: (SEE ADDENDUM) NEW BERBER CARPETING & LAMINATE FLOORING, NEW AIR HANDLER, & NEWER A/C & HOT WATER HEATER. UPDATED, COZY KITCHEN FEATURES NEW DISHWASHER, NEW DISPOSAL & NEWER CABINETS & COUNTERS. ENJOY A LOVELY GARDEN AND POOL VIEW FROM A LARGE PRIVATE SCREENED PATIO WITH NEW CARPETING. FOR THE BUYER THAT IS LOOKING FOR COMFORT & LUXURY AT AN AFFORDABLE PRICE.... THIS IS IT!! GLENEAGLES COUNTRY CLUB AMENITIES INCLUDE SPECTACULAR CLUBHOUSE, FORMAL & CASUAL DINING, GREAT LOUNGE AND CARD ROOMS, MULTIPLE POOLS, STATE OF THE ART FITNESS CENTER, 2 CHAMPIONSHIP GOLF COURSES, 21 HAR-TRU TENNIS COURTS AND ENDLESS SOCIAL EVENTS AND ACTIVITIES. GREAT LOCATION... ONLY 4.5 MILES TO TRENDY DOWNTOWN DELRAY BEACH! (Lg. screen tv, Stereo & RCA component system excluded)

20. 2006-12-20
    listed $148,900 1869-char remark

    Show marketing remark (1869 chars)

    PRIDE OF OWNERSHIP SAYS IT ALL !! COME EXPERIENCE COUNTRY CLUB LIVING AT ITS FINEST IN THIS IMMACULATELY MAINTAINED, BEAUTIFULLY & FULLY FURNISHED & UPDATED 2BR/2BATH APARTMENT IN ABSOLUTE MOVE IN CONDITION! MANY UPGRADES INCLUDE: (SEE ADDENDUM) NEW BERBER CARPETING & LAMINATE FLOORING, NEW AIR HANDLER, & NEWER A/C & HOT WATER HEATER. UPDATED, COZY KITCHEN FEATURES NEW DISHWASHER, NEW DISPOSAL & NEWER CABINETS & COUNTERS. ENJOY A LOVELY GARDEN AND POOL VIEW FROM A LARGE PRIVATE SCREENED PATIO WITH NEW CARPETING. FOR THE BUYER THAT IS LOOKING FOR COMFORT & LUXURY AT AN AFFORDABLE PRICE.... THIS IS IT!! GLENEAGLES COUNTRY CLUB AMENITIES INCLUDE SPECTACULAR CLUBHOUSE, FORMAL & CASUAL DINING, GREAT LOUNGE AND CARD ROOMS, MULTIPLE POOLS, STATE OF THE ART FI... (see supplement for full remarks) PRIDE OF OWNERSHIP SAYS IT ALL !! COME EXPERIENCE COUNTRY CLUB LIVING AT ITS FINEST IN THIS IMMACULATELY MAINTAINED, BEAUTIFULLY & FULLY FURNISHED & UPDATED 2BR/2BATH APARTMENT IN ABSOLUTE MOVE IN CONDITION! MANY UPGRADES INCLUDE: (SEE ADDENDUM) NEW BERBER CARPETING & LAMINATE FLOORING, NEW AIR HANDLER, & NEWER A/C & HOT WATER HEATER. UPDATED, COZY KITCHEN FEATURES NEW DISHWASHER, NEW DISPOSAL & NEWER CABINETS & COUNTERS. ENJOY A LOVELY GARDEN AND POOL VIEW FROM A LARGE PRIVATE SCREENED PATIO WITH NEW CARPETING. FOR THE BUYER THAT IS LOOKING FOR COMFORT & LUXURY AT AN AFFORDABLE PRICE.... THIS IS IT!! GLENEAGLES COUNTRY CLUB AMENITIES INCLUDE SPECTACULAR CLUBHOUSE, FORMAL & CASUAL DINING, GREAT LOUNGE AND CARD ROOMS, MULTIPLE POOLS, STATE OF THE ART FITNESS CENTER, 2 CHAMPIONSHIP GOLF COURSES, 21 HAR-TRU TENNIS COURTS AND ENDLESS SOCIAL EVENTS AND ACTIVITIES. GREAT LOCATION... ONLY 4.5 MILES TO TRENDY DOWNTOWN DELRAY BEACH! (Lg. screen tv, Stereo & RCA component system excluded)

21. 2004-05-28
    soldstatus $119,000
22. 2000-02-24
    soldstatus $83,000
23. 1999-10-10
    historical
24. 1999-04-01
    listed $92,500
25. 1998-12-18
    historical
26. 1998-05-14
    listed $79,900
27. 1996-05-09
    soldstatus $82,000

ⓘ 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: $1,093 · $91/mo
• Projected year-2 tax: $1,158 · $96/mo
• Expected delta: +$65/yr (+$5/mo · 5.9%)

ⓘ 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 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 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $30,700
• − Mortgage interest: −$7,814
• − Property taxes: −$1,093
• − Insurance: −$698
• − Repairs & maintenance: −$2,456
• − Management: −$2,456
• − HOA: −$8,052
• − Depreciation: −$4,058
• Taxable income: $4,073
• Est. tax owed @ 24.0%: −$978
• After-tax cash flow: $4,654/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 — Boca Raton

• Score: 77/100
• State rank: #192
• US rank: #3070

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Palm Beach County · 1,438,312 people
• City population: 250,102
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 28,431
• Household income: $80,187
• Rent vs Own: 11.4% rent · 88.6% own
• Severe rent burden: 494.0

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: Predominantly White (79%)
• Race & ethnicity: White 79% Hispanic / Latino 13% Two or more races 9% Black 4%
• Hispanic origin (detail): Puerto Rican 3% Dominican 1%
• Common ancestry: Romanian 9% Scotch-Irish 9% Italian 2%
• Foreign-born: 20% · Canada, Jamaica, Guatemala
• Languages at home: 80% English-only · Spanish 12% Other Indo-European 2% 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: ▲ 0.69%
• Current HPI: 242.5138
• Rent YoY: ▲ 0.51%
• 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

+70.1% since first listed

15 events — show timeline

• 2026-03-03 Price Changed $139,500 Beaches MLS
• 2026-02-12 Listed $160,000 Beaches MLS
• 2014-12-01 Listing Removed — Beaches MLS
• 2013-12-18 Listed $57,500 Beaches MLS
• 2007-09-24 Sold (Public Records) $125,000 Public Records
• 2007-09-19 Sold (MLS) $125,000 Beaches MLS
• 2007-08-24 Listing Removed — Beaches MLS
• 2006-12-20 Listed $148,900 Beaches MLS
• 2004-05-28 Sold (Public Records) $119,000 Public Records
• 2000-02-24 Sold (Public Records) $83,000 Public Records
• 1999-10-10 Listing Removed — Beaches MLS
• 1999-04-01 Listed $92,500 Beaches MLS
• 1998-12-18 Listing Removed — Beaches MLS
• 1998-05-14 Listed $79,900 Beaches MLS
• 1996-05-09 Sold (Public Records) $82,000 Public Records

Property tax history

-0.4%/yr

Latest (2025): $1,093 · -15.8% YoY. Source: county tax records.