7509 Glendevon Ln #1006 · Delray Beach, FL 33446

$139,500

2 bd · 2.0 ba · 1,260 sqft · Condo public records · 178 Days on market

Built 1985 Good condition $111/sqft · 47% below area Est $263k · 47% under $671/mo HOA · 20% of rent

---

Why this score? — see what drove the A grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +5.3/10.0
• Schools +4.8/10.0
• Livability +3.9/5.0
• Condition / age +3.8/5.0
• Rent growth +2.6/5.0

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.

Key facts

• Pickle ball center
• Tennis
• Multiple pools

Tags

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

What this means for you Summary

Snapshot

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

Deal economics

• At list price, monthly cash flow is $1k ($13k/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 15.3% vs local median 4.1% in Delray Beach — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 77/100 on livability (#202 in FL, #3,160 nationally) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, commute A-; Watch: cost of living C-, crime D-, amenities F.
• Palm Beach (suburban): math 46% / reading 53% proficiency, ranked #34 of 73 in FL (top 47%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• 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; 812 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 85d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 85% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 3,974 units permitted in Palm Beach County in 2024 (1,012 in 5+ unit buildings).
• At $3,296/mo this rent would consume 49% of the median local household income ($80k/yr) (locally 24% 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 $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 ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 178 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 20% 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 178 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 B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
7. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new 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: 2.36% ✓
• Cap rate: 15.34%
• Cash-on-cash: 32.33%
• DSCR: 2.44
• GRM: 3.5

CMA / ARV

• ARV (median comp): $262,747
• List price: $139,500
• Delta: -46.91%
• 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
7585 Lexington Club Blvd Unit B	0.33mi	2/2.0	1,415 (+12%)	1mo	$339,000	$240	64
7260 Kinghurst Dr #205	0.98mi	2/2.0	1,230 (-2%)	0mo	$206,000	$167	61
14500 Stirling Way #403	1.02mi	2/2.0	1,220 (-3%)	0mo	$310,000	$254	60
7841 Lexington Club Blvd Unit B	0.42mi	2/2.0	1,415 (+12%)	0mo	$270,000	$191	59
15116 W Tranquility Lake Dr	0.67mi	2/2.0	1,175 (-7%)	1mo	$390,000	$332	57
7321 Amberly Ln #302	1.15mi	2/2.0	1,080 (-14%)	0mo	$227,000	$210	41
7906 Lake Sands Dr	1.29mi	2/2.0	1,524 (+21%)	0mo	$445,000	$292	40
10 Willowbrook #205	0.96mi	2/2.0	1,005 (-20%)	0mo	$142,500	$142	40
14897 Bal Moral Ln #105	0.76mi	2/2.0	1,040 (-18%)	0mo	$185,000	$178	40
7036 Peters Ln	1.33mi	3/2.0 (+1)	1,411 (+12%)	1mo	$445,000	$315	39
14701 Cumberland Dr #3060	0.99mi	2/2.0	1,044 (-17%)	1mo	$130,000	$125	39
7286 Huntington Ln #303	1.29mi	2/2.0	1,070 (-15%)	1mo	$114,000	$107	39

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

Projected returns pro-forma

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

5-year hold

• IRR: 31.3%
• Equity multiple: 2.53×
• Total profit: $59,854
• Equity at exit: $45,363

10-year hold

• IRR: 32.3%
• Equity multiple: 4.39×
• Total profit: $132,242
• 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 →

Active competition Active MLS

• For sale now: 2 active · 5 under contract
• Median asking: $92,500 ($91/sqft)
• Median days on market: 100 d
• This list price: 100% of active listings are priced below it
• ARV vs active asking: +129.9% above current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 33446

• Home prices YoY: 0.3%
• Rents YoY: 0.5%
• Active inventory: 812
• Price-to-rent: 3.5×

Monthly cashflow live

• Estimated rent: $3,296 high
• Mortgage (P&I): −$732
• Tax from tax record: −$91 /mo · $1,093/yr
• Insurance: −$58
• HOA: −$671
• Vacancy / Maint / Mgmt: −$692
• Net cashflow: $1,052

Break-even live

Break-even rent $1,964

Max offer price $139,500

Occupancy floor 63%

Sensitivity live

Price	-10% $1,131	-5% $1,092	+0% $1,052	+5% $1,013	+10% $973
Rent	-10% $792	-5% $922	+0% $1,052	+5% $1,182	+10% $1,313
Rate	-1.0pp $1,122	-0.5pp $1,088	base $1,052	+0.5pp $1,016	+1.0pp $979

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
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7473 Glendevon Ln #402 Delray Beach, FL	2.0	2.0	1260	$9,000	$7.14	75d	1	0.01mi
7455 Glendevon Ln #206 Delray Beach, FL	2.0	2.0	1260	$9,500	$7.54	120d	1	0.01mi
7509 Glendevon Ln #1002 Delray Beach, FL	2.0	2.0	1399	$9,500	$6.79	113d	1	0.01mi
7533 Glendevon Ln #907 Delray Beach, FL	2.0	2.0	1311	$8,000	$6.10	84d	1	0.05mi
15694 Loch Maree Ln #5903 Delray Beach, FL	2.0	2.0	1705	$9,000	$5.28	111d	1	0.22mi
15711 Loch Maree Ln #4702 Delray Beach, FL	2.0	2.0	1688	$10,000	$5.92	120d	1	0.27mi
15831 Loch Maree Ln #5502 Delray Beach, FL	2.0	2.0	1340	$9,500	$7.09	109d	1	0.32mi
7254 Clunie Pl #15002 Delray Beach, FL	2.0	2.0	1311	$9,000	$6.86	84d	1	0.32mi
15758 Loch Maree Ln #4005 Delray Beach, FL	2.0	2.0	1286	$7,695	$5.98	74d	1	0.33mi
7657 Lexington Club Blvd Unit C Delray Beach, FL	3.0	2.0	1645	$5,500	$3.34	43d	1	0.35mi
7657 Lexington Club Blvd Unit C Delray Beach, FL	3.0	2.0	1645	$5,500	$3.34	49d	1	0.35mi
15321 Strathearn Dr #10902 Delray Beach, FL	2.0	2.0	1513	$8,900	$5.88	28d	1	0.40mi
15415 Summer Lake Dr Delray Beach, FL	2.0	2.0	1624	$3,350	$2.06	26d	1	0.45mi
15415 Summer Lake Dr Delray Beach, FL	2.0	2.0	1624	$2,975	$1.83	24d	1	0.45mi
15115 Michelangelo Blvd #103 Delray Beach, FL	2.0	2.0	1079	$2,150	$1.99	33d	1	0.48mi
7657 Lexington Club Blvd Delray Beach, FL	3.0	2.0	1645	$4,500	$2.74	120d	1	0.49mi
7512 Eagle Point Dr Delray Beach, FL	3.0	2.0	1463	$4,000	$2.73	100d	1	0.50mi
7512 Eagle Point Dr Delray Beach, FL	3.0	2.0	1461	$4,000	$2.74	95d	1	0.50mi
7512 Eagle Point Dr Unit 7512 Delray Beach, FL	3.0	2.0	1463	$4,000	$2.73	115d	1	0.50mi
15125 Michelangelo Blvd #102 Delray Beach, FL	3.0	2.0	1238	$2,350	$1.90	18d	1	0.50mi
16021 Loch Katrine Trl #7405 Delray Beach, FL	2.0	2.0	1311	$9,500	$7.25	120d	1	0.51mi
16032 Lomond Hills Trl #174 Delray Beach, FL	3.0	2.0	1521	$11,500	$7.56	63d	1	0.52mi
16032 Lomond Hills Trl Delray Beach, FL	2.0–3.0	2.0	1468	$10,000	$6.81	90d	2	0.52mi
16032 Lomond Hills Trl Delray Beach, FL	2.0–3.0	2.0	1468	$10,250	$6.98	58d	2	0.52mi
15085 Michelangelo Blvd #202 Delray Beach, FL	3.0	2.0	1238	$2,700	$2.18	118d	1	0.53mi
8108 Summer Shores Dr Delray Beach, FL	2.0	2.0	1175	$2,650	$2.26	42d	1	0.53mi
8108 Summer Shores Dr Unit Delr Delray Beach, FL	2.0	2.0	1175	$2,800	$2.38	51d	1	0.53mi
8108 Summer Shores Dr Delray Beach, FL	2.0	2.0	1175	$2,800	$2.38	72d	1	0.53mi
8108 Summer Shores Dr Delray Beach, FL	2.0	2.0	1175	$2,950	$2.51	84d	1	0.53mi
15145 Michelangelo Blvd #207 Delray Beach, FL	3.0	2.0	1079	$2,400	$2.22	2d	1	0.54mi
15145 Michelangelo Blvd #102 Delray Beach, FL	3.0	2.0	1238	$2,600	$2.10	120d	1	0.54mi
15145 Michelangelo Blvd #102 Delray Beach, FL	3.0	2.0	1238	$2,600	$2.10	99d	1	0.54mi
15145 Michelangelo Blvd #201 Delray Beach, FL	3.0	2.0	1079	$2,350	$2.18	35d	1	0.54mi
15145 Michelangelo Blvd #102 Delray Beach, FL	3.0	2.0	1238	$2,600	$2.10	95d	1	0.54mi
15306 W Tranquility Lake Dr Delray Beach, FL	2.0	2.0	1175	$2,850	$2.43	107d	1	0.54mi
15135 Michelangelo Blvd #208 Delray Beach, FL	2.0	2.0	1079	$2,450	$2.27	35d	1	0.54mi
15135 Michelangelo Blvd Delray Beach, FL	2.0–3.0	2.0	1079	$2,100	$1.95	20d	2	0.54mi
15055 Michelangelo Blvd Delray Beach, FL	2.0–3.0	2.0	1158	$2,125	$1.83	118d	2	0.57mi
15055 Michelangelo Blvd #208 Delray Beach, FL	3.0	2.0	1238	$2,450	$1.98	47d	1	0.57mi
15065 Michelangelo Blvd #105 Delray Beach, FL	2.0	2.0	1079	$2,400	$2.22	118d	1	0.59mi

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 lightsHOA dues paid monthly

Exterior

• Parking: Assigned parking
• Security: Gated community with guardOn-site security guard and security patrolOwned security system
• Utilities: Public waterPublic sewerThree-phase electricCable availableUnderground utilities
• Home design: CondominiumMulti/split levelsTwo-story buildingFaces southResale property
• Construction: CBS constructionFlat roofBuilt as part of an existing building (resale)
• Exterior features: Screened patioPatioPorchInterior lot with sidewalksNot waterfront

Interior

• Kitchen: DishwasherElectric rangeMicrowaveRefrigeratorDisposalElectric water heater
• Bedrooms: Two bedrooms on the main level
• Flooring: CarpetCeramic tile
• Bathrooms: Two full bathrooms
• Heating & cooling: Central electric heatingCentral air conditioning with reverse cycle
• Interior features: Cathedral and vaulted ceilings with high ceilingsWet barWalk-in closetsSplit bedroom layoutCloset cabinetryBlinds and sliding windows
• Laundry & utility: Unfurnished (no washer/dryer specified)

HOA detail $671/mo · $8,052/yr condo

• Likely covers: waterpoolgym
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 50 events

1. 2026-08-10
   days on market $139,500 Active 178 DOM
2. 2026-08-09
   days on market $139,500 Active 177 DOM
3. 2026-08-08
   days on market $139,500 Active 176 DOM
4. 2026-08-06
   days on market $139,500 Active 174 DOM
5. 2026-08-05
   days on market $139,500 Active 173 DOM
6. 2026-08-03
   days on market $139,500 Active 171 DOM
7. 2026-07-31
   days on market $139,500 Active 168 DOM
8. 2026-07-24
   days on market $139,500 Active 161 DOM
9. 2026-07-23
   days on market $139,500 Active 160 DOM
10. 2026-07-22
    days on market $139,500 Active 159 DOM
11. 2026-07-21
    days on market $139,500 Active 158 DOM
12. 2026-07-20
    days on market $139,500 Active 157 DOM
13. 2026-07-18
    days on market $139,500 Active 155 DOM
14. 2026-07-16
    days on market $139,500 Active 153 DOM
15. 2026-07-15
    days on market $139,500 Active 152 DOM
16. 2026-07-14
    days on market $139,500 Active 151 DOM
17. 2026-07-13
    days on market $139,500 Active 150 DOM
18. 2026-07-13
    days on market $139,500 Active 149 DOM
19. 2026-07-12
    days on market $139,500 Active 148 DOM
20. 2026-07-10
    days on market $139,500 Active 147 DOM
21. 2026-07-09
    days on market $139,500 Active 146 DOM
22. 2026-07-07
    days on market $139,500 Active 144 DOM
23. 2026-07-06
    days on market $139,500 Active 143 DOM
24. 2026-07-06
    days on market $139,500 Active 142 DOM
25. 2026-07-05
    days on market $139,500 Active 141 DOM
26. 2026-07-04
    days on market $139,500 Active 140 DOM
27. 2026-07-02
    days on market $139,500 Active 139 DOM
28. 2026-07-01
    days on market $139,500 Active 138 DOM
29. 2026-06-30
    days on market $139,500 Active 137 DOM
30. 2026-06-29
    days on market $139,500 Active 136 DOM
31. 2026-06-28
    days on market $139,500 Active 135 DOM
32. 2026-06-27
    days on market $139,500 Active 134 DOM
33. 2026-06-26
    days on market $139,500 Active 133 DOM
34. 2026-06-24
    days on market $139,500 Active 131 DOM
35. 2026-06-22
    days on market $139,500 Active 129 DOM
36. 2026-06-21
    days on market $139,500 Active 128 DOM
37. 2026-06-18
    days on market $139,500 Active 125 DOM
38. 2026-06-17
    days on market $139,500 Active 124 DOM
39. 2026-06-16
    days on market $139,500 Active 123 DOM
40. 2026-06-15
    days on market $139,500 Active 122 DOM
41. 2026-06-13
    days on market $139,500 Active 120 DOM
42. 2026-06-09
    days on market $139,500 Active 116 DOM
43. 2026-06-07
    days on market $139,500 Active 114 DOM
44. 2026-06-04
    days on market $139,500 Active 111 DOM
45. 2026-06-03
    days on market $139,500 Active 110 DOM
46. 2026-06-01
    days on market $139,500 Active 108 DOM
47. 2026-05-31
    days on market $139,500 Active 107 DOM
48. 2026-03-03
    price $139,500
49. 2026-02-12
    listed $160,000 Active
50. 2014-12-01
    historical

ⓘ 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: $39,554
• − Mortgage interest: −$7,814
• − Property taxes: −$1,093
• − Insurance: −$698
• − Repairs & maintenance: −$3,164
• − Management: −$3,164
• − HOA: −$8,052
• − Depreciation: −$4,058
• Taxable income: $11,511
• Est. tax owed @ 24.0%: −$2,763
• After-tax cash flow: $9,864/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

Good 75/100 Cosmetic rehab Est. rehab $6,300–$18,900 screening

This townhouse is in good condition with minimal repairs needed. Painting the exterior and landscaping improvements would significantly enhance its curb appeal and value.

Value-add opportunities

• Both Painting the exterior — Enhances curb appeal and value ↑
• Both Landscaping improvements — Enhances curb appeal and value ↑
• Both New flooring in living areas — Enhances aesthetics and value ↑
• Both New window treatments — Enhances aesthetics and 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 48/100

Zoned Schools

Elementary Orchard View Elementary School D FL #1,182/2,144 Nat'l #14,382/41,679 Middle Carver Middle School F FL #486/571 Nat'l #9,545/14,009 High Spanish River Community High School B FL #63/667 Nat'l #2,354/17,239

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

B Composite livability gradescore 77/100

Livability — Delray Beach

• Score: 77/100
• State rank: #202
• US rank: #3160

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Palm Beach County · 1,637,487 people
• City population: 123,167
• 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: 24% 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: 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

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 lightsHOA dues paid monthly

Exterior

• Parking: Assigned parking
• Security: Gated community with guardOn-site security guard and security patrolOwned security system
• Utilities: Public waterPublic sewerThree-phase electricCable availableUnderground utilities
• Home design: CondominiumMulti/split levelsTwo-story buildingFaces southResale property
• Construction: CBS constructionFlat roofBuilt as part of an existing building (resale)
• Exterior features: Screened patioPatioPorchInterior lot with sidewalksNot waterfront

Interior

• Kitchen: DishwasherElectric rangeMicrowaveRefrigeratorDisposalElectric water heater
• Bedrooms: Two bedrooms on the main level
• Flooring: CarpetCeramic tile
• Bathrooms: Two full bathrooms
• Heating & cooling: Central electric heatingCentral air conditioning with reverse cycle
• Interior features: Cathedral and vaulted ceilings with high ceilingsWet barWalk-in closetsSplit bedroom layoutCloset cabinetryBlinds and sliding windows
• Laundry & utility: Unfurnished (no washer/dryer specified)

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.