7245 Golf Colony Ct #205 · Greenacres, FL 33467

$149,000

2 bd · 2.0 ba · 790 sqft · Condo public records · 68 Days on market

Built 1984 $520/mo HOA · 25% of rent

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Why this score? — see what drove the C- 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 +17.1/30.0
• 1% rule +9.1/10.0
• ARV discount +7.5/15.0
• DSCR +5.3/10.0
• Schools +4.3/10.0
• Livability +3.5/5.0
• Condition / age +2.5/5.0
• Rent growth +2.4/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Back on the Market. HOA Approval Fell Through. This beautiful and exquisitely remodeled and fully upgraded 55+ Condo provides an amazing view overlooking the golf course! Coming home, sitting on your covered balcony while enjoying the cool breeze from the Palm Trees helps to brings to life a Florida Lifestyle many wish for! Location, location, location! Your home comes with 5 year old appliances, hot water heater, a/c, granite counter-tops, stainless steel appliances, upgraded bathrooms and tile flooring with carpet in the bedrooms. Your home comes move in ready. This one won't last! Free cable, water, Bldg & Roof Insurance, Pest Control, Exterior Maintenance is included with low HOA dues. Move in Ready!

Key facts

• Short walk to pool
• Renovated condo
• Newer roof

Tags

• RENOVATED CONDO
• PORCELAIN TILE FLOORING
• STAINLESS STEEL APPLIANCES
• UNDER-CABINET LIGHTING
• NEWER ROOF
• SHORT WALK TO POOL

Property features AI

Finance

• Financial info: Pets not allowed; This is a senior community
• HOA & community: Monthly HOA dues; Association amenities include billiard room, clubhouse, golf course access, game room, parking, pool and shuffleboard court; HOA covers cable TV, insurance, grounds maintenance, sewer, trash, water, common areas, hot water and roof repairs

Exterior

• Parking: Assigned, guest and open parking available; 1 parking space
• Security: Smoke detectors
• Utilities: Public water; Public sewer; Cable available; Water and sewer available
• Home design: Condominium; Multi-level (one and two story elements); Resale property; Faces southwest
• Construction: Stucco and CBS construction; Mansard and tile roof; 2 total stories
• Exterior features: Open porch; Porch; Deck; Located on a golf course; Not waterfront

Interior

• Kitchen: Disposal; Dishwasher; Electric range; Microwave; Refrigerator
• Bedrooms: 2 bedrooms on the main level
• Flooring: Carpet; Tile; Wood
• Bathrooms: 2 full bathrooms on the main level
• Heating & cooling: Central heating (electric); Central air conditioning (electric); Ceiling fans
• Interior features: Walk-in closets; Split bedroom layout; Negotiable furnishing
• Laundry & utility: Laundry closet; Laundry inside; Laundry outside

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $149k.

Deal economics

• At list price, monthly cash flow is $102 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $149k).
• Recommended offer: $140k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 69/100 on livability (#490 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A; Watch: employment D, 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: Discovery Key Elementary School (math 61% / reading 72%, grade B+, #473 of 2,144 statewide, top 23%, 1,050 students, 31% FRL); Woodlands Middle School (math 51% / reading 58%, grade B-, #183 of 571 statewide, top 34%, 1,551 students, 40% FRL) — zoned schools average 36% FRL vs 52% district-wide (16 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: Rents soft (-0.4%/yr); 665 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); solid renter incomes; 3,974 units permitted in Palm Beach County in 2024 (1,012 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k 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 68 days — a 6% lower offer ($140k) is reasonable based on typical stale-listing flexibility.
• 9 sale attempts since 28y ago; this cycle's ask has dropped $10k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $125k; 19% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: HOA is 25% of rent.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $140,060 (6.0% below list)

Questions for the listing agent

1. It's been on market 68 days. Have you received any prior offers? Is the seller open to a 6% 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 D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 1.41% ✓
• Cap rate: 7.12%
• Cash-on-cash: 2.94%
• DSCR: 1.13
• GRM: 5.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -16.5%
• Equity multiple: 0.44×
• Total profit: $-23,427
• Equity at exit: $22,216

10-year hold

• IRR: -19.4%
• Equity multiple: 0.18×
• Total profit: $-34,353
• Equity at exit: $12,883

Cash invested: $41,720 (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 33467

• Rents YoY: -0.4%
• Active inventory: 665
• Price-to-rent: 5.9×

Monthly cashflow live

• Estimated rent: $2,101 high
• Mortgage (P&I): −$781
• Tax from tax record: −$194 /mo · $2,327/yr
• Insurance: −$62
• HOA: −$520
• Vacancy / Maint / Mgmt: −$441
• Net cashflow: $102

Break-even live

Break-even rent $1,971

Max offer price $149,000

Occupancy floor 90%

Sensitivity live

Price	-10% $187	-5% $145	+0% $102	+5% $60	+10% $18
Rent	-10% $-64	-5% $19	+0% $102	+5% $185	+10% $268
Rate	-1.0pp $177	-0.5pp $140	base $102	+0.5pp $64	+1.0pp $24

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: $37,250
• Closing costs: $4,470
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7257 Golf Colony Ct #203 Lake Worth, FL	2.0	2.0	790	$1,950	$2.47	9d	1	0.04mi
7250 Golf Colony Ct #104 Lake Worth, FL	2.0	2.0	815	$1,985	$2.44	25d	1	0.10mi
7250 Golf Colony Ct #104 Lake Worth, FL	2.0	2.0	815	$2,100	$2.58	0d	1	0.10mi
7281 Golf Colony Ct #204 Lake Worth, FL	1.0	1.0	857	$1,450	$1.69	13d	1	0.11mi
7149 Golf Colony Ct #104 Lake Worth, FL	2.0	2.0	790	$2,300	$2.91	25d	1	0.11mi
7149 Golf Colony Ct Lake Worth, FL	2.0	2.0	823	$2,075	$2.52	3d	3	0.12mi
7149 Golf Colony Ct Lake Worth, FL	2.0	2.0	823	$2,098	$2.55	14d	2	0.12mi
7178 Golf Colony Ct #101 Lake Worth, FL	2.0	2.0	735	$1,700	$2.31	25d	1	0.13mi
7137 Golf Colony Ct #202 Lake Worth, FL	2.0	2.0	735	$1,995	$2.71	16d	1	0.14mi
7137 Golf Colony Ct #202 Lake Worth, FL	2.0	2.0	735	$2,000	$2.72	5d	1	0.14mi
4640 Lucerne Lakes Blvd W Lake Worth, FL	2.0	1.0–2.0	960	$1,525	$1.59	6d	2	0.16mi
7101 Golf Colony Ct #102 Lake Worth, FL	2.0	2.0	790	$2,500	$3.16	25d	1	0.18mi
7091 Golf Colony Ct #201 Lake Worth, FL	2.0	2.0	735	$1,850	$2.52	15d	1	0.19mi
4575 Lucerne Lakes Blvd W #104 Lake Worth, FL	1.0	1.0	900	$1,240	$1.38	13d	1	0.20mi
4575 Lucerne Lakes Blvd W #104 Lake Worth, FL	1.0	1.0	900	$1,275	$1.42	9d	1	0.20mi
7118 Golf Colony Ct #103 Lake Worth, FL	2.0	2.0	790	$1,725	$2.18	25d	1	0.20mi
4760 Lucerne Lakes Blvd W #405 Lake Worth, FL	1.0	1.5	1000	$1,490	$1.49	25d	1	0.22mi
4598 Lucerne Lakes Blvd E #101 Lake Worth, FL	2.0	2.0	872	$2,250	$2.58	6d	1	0.25mi
4598 Lucerne Lakes Blvd E #101 Lake Worth, FL	2.0	2.0	872	$2,250	$2.58	25d	1	0.25mi
4640 Lucerne Lakes Blvd W #605 Lake Worth, FL	2.0	1.0	900	$1,600	$1.78	16d	1	0.28mi
4682 Lucerne Lakes Blvd E #202 Lake Worth, FL	2.0	2.0	872	$1,800	$2.06	22d	1	0.28mi
4471 Luxemburg Ct Lake Worth, FL	2.0	2.0	1005	$2,150	$2.14	25d	2	0.35mi
4471 Luxemburg Ct #101 Lake Worth, FL	2.0	2.0	1005	$2,300	$2.29	20d	1	0.35mi
4557 Luxemburg Ct Lake Worth, FL	2.0	1.5	1065	$2,400	$2.25	25d	1	0.37mi
4489 Luxemburg Ct #101 Lake Worth, FL	2.0	2.0	1005	$2,000	$1.99	25d	1	0.39mi
4539 Luxemburg Ct Lake Worth, FL	2.0	2.0	1005	$2,250	$2.24	25d	1	0.40mi
4539 Luxemburg Ct Lake Worth, FL	2.0	2.0	1027	$2,250	$2.19	6d	1	0.40mi
4345 Trevi Ct #204 Lake Worth, FL	2.0	2.0	1005	$2,100	$2.09	22d	1	0.54mi
4373 Trevi Ct Lake Worth, FL	2.0	1.5	1080	$2,500	$2.31	18d	1	0.55mi
4363 Trevi Ct #203 Lake Worth, FL	1.0	1.5	761	$1,650	$2.17	25d	1	0.55mi
4657 Fountains Dr S #206 Lake Worth, FL	1.0	1.0	882	$1,650	$1.87	13d	1	0.57mi
4284 Deste Ct #304 Greenacres, FL	1.0	1.0	716	$2,200	$3.07	18d	1	0.68mi
4266 Deste Ct #107 Greenacres, FL	2.0	2.0	978	$2,100	$2.15	25d	1	0.71mi
4236 Deste Ct #108 Greenacres, FL	1.0	1.0	716	$1,800	$2.51	18d	1	0.72mi
4801 Esedra Ct #201 Lake Worth, FL	2.0	2.0	1005	$2,300	$2.29	25d	1	0.73mi
4801 Esedra Ct Lake Worth, FL	2.0	2.0	1027	$2,075	$2.02	12d	2	0.73mi
4230 Deste Ct Unit 305 Greenacres, FL	1.0	1.0	716	$1,900	$2.65	6d	1	0.73mi
4242 Deste Ct Unit 208 Greenacres, FL	2.0	2.0	978	$2,500	$2.56	25d	1	0.74mi
386 Bennington Ln Lake Worth, FL	2.0	2.0	941	$2,000	$2.13	16d	1	0.74mi
4070 Tivoli Ct #307 Lake Worth, FL	2.0	2.0	939	$1,675	$1.78	6d	1	0.75mi

HOA detail condo

• Monthly dues: $520 · $6,240/yr
• Likely covers: watercableexterior maint.
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 44 events

1. 2026-06-21
   days on market $149,000 Active 68 DOM
2. 2026-06-18
   days on market $149,000 Active 65 DOM
3. 2026-06-17
   days on market $149,000 Active 64 DOM
4. 2026-06-16
   days on market $149,000 Active 63 DOM
5. 2026-06-15
   days on market $149,000 Active 62 DOM
6. 2026-06-13
   days on market $149,000 Active 60 DOM
7. 2026-06-09
   days on market $149,000 Active 56 DOM
8. 2026-06-08
   days on market $149,000 Active 55 DOM
9. 2026-06-07
   days on market $149,000 Active 54 DOM
10. 2026-06-04
    days on market $149,000 Active 51 DOM
11. 2026-06-03
    days on market $149,000 Active 50 DOM
12. 2026-06-02
    days on market $149,000 Active 49 DOM
13. 2026-06-01
    days on market $149,000 Active 48 DOM
14. 2026-05-31
    days on market $149,000 Active 47 DOM
15. 2026-05-14
    price $149,000
16. 2026-04-14
    listed $159,000 Active
17. 2021-08-23
    soldstatus $125,000
18. 2021-08-23
    soldstatus $125,000
19. 2021-08-16
    soldstatus $125,000 Closed 720-char remark

    Show marketing remark (720 chars)

    Back on the Market. HOA Approval Fell Through. This beautiful and exquisitely remodeled and fully upgraded 55+ Condo provides an amazing view overlooking the golf course! Coming home, sitting on your covered balcony while enjoying the cool breeze from the Palm Trees helps to brings to life a Florida Lifestyle many wish for! Location, location, location! Your home comes with 5 year old appliances, hot water heater, a/c, granite counter-tops, stainless steel appliances, upgraded bathrooms and tile flooring with carpet in the bedrooms. Your home comes move in ready. This one won't last! Free cable, water, Bldg & Roof Insurance, Pest Control, Exterior Maintenance is included with low HOA dues. Move in Ready!

20. 2021-07-15
    historical Active Under Contract 720-char remark

    Show marketing remark (720 chars)

    Back on the Market. HOA Approval Fell Through. This beautiful and exquisitely remodeled and fully upgraded 55+ Condo provides an amazing view overlooking the golf course! Coming home, sitting on your covered balcony while enjoying the cool breeze from the Palm Trees helps to brings to life a Florida Lifestyle many wish for! Location, location, location! Your home comes with 5 year old appliances, hot water heater, a/c, granite counter-tops, stainless steel appliances, upgraded bathrooms and tile flooring with carpet in the bedrooms. Your home comes move in ready. This one won't last! Free cable, water, Bldg & Roof Insurance, Pest Control, Exterior Maintenance is included with low HOA dues. Move in Ready!

21. 2021-06-25
    price $125,000 720-char remark

    Show marketing remark (720 chars)

    Back on the Market. HOA Approval Fell Through. This beautiful and exquisitely remodeled and fully upgraded 55+ Condo provides an amazing view overlooking the golf course! Coming home, sitting on your covered balcony while enjoying the cool breeze from the Palm Trees helps to brings to life a Florida Lifestyle many wish for! Location, location, location! Your home comes with 5 year old appliances, hot water heater, a/c, granite counter-tops, stainless steel appliances, upgraded bathrooms and tile flooring with carpet in the bedrooms. Your home comes move in ready. This one won't last! Free cable, water, Bldg & Roof Insurance, Pest Control, Exterior Maintenance is included with low HOA dues. Move in Ready!

22. 2021-06-25
    status Active 720-char remark

    Show marketing remark (720 chars)

    Back on the Market. HOA Approval Fell Through. This beautiful and exquisitely remodeled and fully upgraded 55+ Condo provides an amazing view overlooking the golf course! Coming home, sitting on your covered balcony while enjoying the cool breeze from the Palm Trees helps to brings to life a Florida Lifestyle many wish for! Location, location, location! Your home comes with 5 year old appliances, hot water heater, a/c, granite counter-tops, stainless steel appliances, upgraded bathrooms and tile flooring with carpet in the bedrooms. Your home comes move in ready. This one won't last! Free cable, water, Bldg & Roof Insurance, Pest Control, Exterior Maintenance is included with low HOA dues. Move in Ready!

23. 2021-06-22
    historical Active Under Contract 720-char remark

    Show marketing remark (720 chars)

    Back on the Market. HOA Approval Fell Through. This beautiful and exquisitely remodeled and fully upgraded 55+ Condo provides an amazing view overlooking the golf course! Coming home, sitting on your covered balcony while enjoying the cool breeze from the Palm Trees helps to brings to life a Florida Lifestyle many wish for! Location, location, location! Your home comes with 5 year old appliances, hot water heater, a/c, granite counter-tops, stainless steel appliances, upgraded bathrooms and tile flooring with carpet in the bedrooms. Your home comes move in ready. This one won't last! Free cable, water, Bldg & Roof Insurance, Pest Control, Exterior Maintenance is included with low HOA dues. Move in Ready!

24. 2021-06-11
    price $130,000 720-char remark

    Show marketing remark (720 chars)

    Back on the Market. HOA Approval Fell Through. This beautiful and exquisitely remodeled and fully upgraded 55+ Condo provides an amazing view overlooking the golf course! Coming home, sitting on your covered balcony while enjoying the cool breeze from the Palm Trees helps to brings to life a Florida Lifestyle many wish for! Location, location, location! Your home comes with 5 year old appliances, hot water heater, a/c, granite counter-tops, stainless steel appliances, upgraded bathrooms and tile flooring with carpet in the bedrooms. Your home comes move in ready. This one won't last! Free cable, water, Bldg & Roof Insurance, Pest Control, Exterior Maintenance is included with low HOA dues. Move in Ready!

25. 2021-06-11
    status Active 720-char remark

    Show marketing remark (720 chars)

    Back on the Market. HOA Approval Fell Through. This beautiful and exquisitely remodeled and fully upgraded 55+ Condo provides an amazing view overlooking the golf course! Coming home, sitting on your covered balcony while enjoying the cool breeze from the Palm Trees helps to brings to life a Florida Lifestyle many wish for! Location, location, location! Your home comes with 5 year old appliances, hot water heater, a/c, granite counter-tops, stainless steel appliances, upgraded bathrooms and tile flooring with carpet in the bedrooms. Your home comes move in ready. This one won't last! Free cable, water, Bldg & Roof Insurance, Pest Control, Exterior Maintenance is included with low HOA dues. Move in Ready!

26. 2021-05-12
    historical Active Under Contract 720-char remark

    Show marketing remark (720 chars)

    Back on the Market. HOA Approval Fell Through. This beautiful and exquisitely remodeled and fully upgraded 55+ Condo provides an amazing view overlooking the golf course! Coming home, sitting on your covered balcony while enjoying the cool breeze from the Palm Trees helps to brings to life a Florida Lifestyle many wish for! Location, location, location! Your home comes with 5 year old appliances, hot water heater, a/c, granite counter-tops, stainless steel appliances, upgraded bathrooms and tile flooring with carpet in the bedrooms. Your home comes move in ready. This one won't last! Free cable, water, Bldg & Roof Insurance, Pest Control, Exterior Maintenance is included with low HOA dues. Move in Ready!

27. 2021-04-29
    status Active 720-char remark

    Show marketing remark (720 chars)

    Back on the Market. HOA Approval Fell Through. This beautiful and exquisitely remodeled and fully upgraded 55+ Condo provides an amazing view overlooking the golf course! Coming home, sitting on your covered balcony while enjoying the cool breeze from the Palm Trees helps to brings to life a Florida Lifestyle many wish for! Location, location, location! Your home comes with 5 year old appliances, hot water heater, a/c, granite counter-tops, stainless steel appliances, upgraded bathrooms and tile flooring with carpet in the bedrooms. Your home comes move in ready. This one won't last! Free cable, water, Bldg & Roof Insurance, Pest Control, Exterior Maintenance is included with low HOA dues. Move in Ready!

28. 2021-04-23
    historical Active Under Contract 720-char remark

    Show marketing remark (720 chars)

    Back on the Market. HOA Approval Fell Through. This beautiful and exquisitely remodeled and fully upgraded 55+ Condo provides an amazing view overlooking the golf course! Coming home, sitting on your covered balcony while enjoying the cool breeze from the Palm Trees helps to brings to life a Florida Lifestyle many wish for! Location, location, location! Your home comes with 5 year old appliances, hot water heater, a/c, granite counter-tops, stainless steel appliances, upgraded bathrooms and tile flooring with carpet in the bedrooms. Your home comes move in ready. This one won't last! Free cable, water, Bldg & Roof Insurance, Pest Control, Exterior Maintenance is included with low HOA dues. Move in Ready!

29. 2021-04-12
    listed $125,000 Active 720-char remark

    Show marketing remark (720 chars)

    Back on the Market. HOA Approval Fell Through. This beautiful and exquisitely remodeled and fully upgraded 55+ Condo provides an amazing view overlooking the golf course! Coming home, sitting on your covered balcony while enjoying the cool breeze from the Palm Trees helps to brings to life a Florida Lifestyle many wish for! Location, location, location! Your home comes with 5 year old appliances, hot water heater, a/c, granite counter-tops, stainless steel appliances, upgraded bathrooms and tile flooring with carpet in the bedrooms. Your home comes move in ready. This one won't last! Free cable, water, Bldg & Roof Insurance, Pest Control, Exterior Maintenance is included with low HOA dues. Move in Ready!

30. 2015-07-28
    historical 489-char remark

    Show marketing remark (489 chars)

    Wow! What an opportunity to own a piece of the Florida lifestyle. Enjoy your morning coffee/tea in your covered patio over looking the nearby golf course and the morning singing of the birds. This upgraded corner unit has been fully upgraded. New a/c, new hot water heater, new flooring granite counter-tops, stainless steal appliances, and updated bathrooms. This is place is in move in condition and a must see. With low HOA dues to include cable and water this property won't last long.

31. 2015-07-24
    soldstatus $80,000
32. 2015-07-23
    soldstatus $80,000 Closed 489-char remark

    Show marketing remark (489 chars)

    Wow! What an opportunity to own a piece of the Florida lifestyle. Enjoy your morning coffee/tea in your covered patio over looking the nearby golf course and the morning singing of the birds. This upgraded corner unit has been fully upgraded. New a/c, new hot water heater, new flooring granite counter-tops, stainless steal appliances, and updated bathrooms. This is place is in move in condition and a must see. With low HOA dues to include cable and water this property won't last long.

33. 2015-04-29
    listed $89,250 Active 489-char remark

    Show marketing remark (489 chars)

    Wow! What an opportunity to own a piece of the Florida lifestyle. Enjoy your morning coffee/tea in your covered patio over looking the nearby golf course and the morning singing of the birds. This upgraded corner unit has been fully upgraded. New a/c, new hot water heater, new flooring granite counter-tops, stainless steal appliances, and updated bathrooms. This is place is in move in condition and a must see. With low HOA dues to include cable and water this property won't last long.

34. 2014-08-08
    historical
35. 2014-08-07
    soldstatus $22,500 Closed
36. 2014-06-23
    status Pending
37. 2014-06-23
    price $33,900
38. 2014-06-20
    listed $38,000 Active
39. 2000-03-08
    soldstatus $30,900
40. 2000-02-10
    soldstatus $30,900
41. 2000-02-02
    historical
42. 1999-10-16
    listed $32,500
43. 1999-09-10
    historical
44. 1998-06-05
    listed $37,500

ⓘ 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: $2,327 · $194/mo
• Projected year-2 tax: $2,327 · $194/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 ≥106°F today · 27 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 · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,211
• − Mortgage interest: −$8,346
• − Property taxes: −$2,327
• − Insurance: −$745
• − Repairs & maintenance: −$2,017
• − Management: −$2,017
• − HOA: −$6,240
• − Depreciation: −$4,335
• Taxable loss: −$816
• Est. tax savings @ 24.0%: +$196
• After-tax cash flow: $1,424/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 — Greenacres

• Score: 69/100
• State rank: #490
• US rank: #9008

Category grades

Amenities F Commute F Cost of living A+ Crime B Employment D Housing A+ 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: 65,478
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 58,411
• Household income: $95,739
• Rent vs Own: 13.6% rent · 86.4% own
• Severe rent burden: 960.0

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 0.59)
• Race & ethnicity: White 59% Hispanic / Latino 22% Two or more races 13% Black 10% Asian 4%
• Hispanic origin (detail): Mexican 2% Puerto Rican 4% Cuban 4% Dominican 2%
• Common ancestry: Romanian 4% Scotch-Irish 3% Hispanic 3%
• Foreign-born: 24% · Canada, Jamaica, Vietnam
• Languages at home: 71% English-only · Spanish 17% French/Haitian/Cajun 5% Other Indo-European 3%

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: ▼ -288.94%
• Current HPI: 343.7738
• Rent YoY: ▼ -0.40%
• 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

+297.3% since first listed

30 events — show timeline

• 2026-05-14 Price Changed $149,000 Beaches MLS
• 2026-04-14 Listed $159,000 Beaches MLS
• 2021-08-23 Sold (Public Records) $125,000 Public Records
• 2021-08-23 Sold (Public Records) $125,000 Public Records
• 2021-08-16 Sold (MLS) $125,000 Beaches MLS
• 2021-07-15 Contingent — Beaches MLS
• 2021-06-25 Price Changed $125,000 Beaches MLS
• 2021-06-25 Relisted — Beaches MLS
• 2021-06-22 Contingent — Beaches MLS
• 2021-06-11 Price Changed $130,000 Beaches MLS
• 2021-06-11 Relisted — Beaches MLS
• 2021-05-12 Contingent — Beaches MLS
• 2021-04-29 Relisted — Beaches MLS
• 2021-04-23 Contingent — Beaches MLS
• 2021-04-12 Listed $125,000 Beaches MLS
• 2015-07-28 Listing Removed — Beaches MLS
• 2015-07-24 Sold (Public Records) $80,000 Public Records
• 2015-07-23 Sold (MLS) $80,000 Beaches MLS
• 2015-04-29 Listed $89,250 Beaches MLS
• 2014-08-08 Listing Removed — Beaches MLS
• 2014-08-07 Sold (MLS) $22,500 Beaches MLS
• 2014-06-23 Price Changed $33,900 Beaches MLS
• 2014-06-23 Pending — Beaches MLS
• 2014-06-20 Listed $38,000 Beaches MLS
• 2000-03-08 Sold (Public Records) $30,900 Public Records
• 2000-02-10 Sold (MLS) $30,900 Beaches MLS
• 2000-02-02 Listing Removed — Beaches MLS
• 1999-10-16 Listed $32,500 Beaches MLS
• 1999-09-10 Listing Removed — Beaches MLS
• 1998-06-05 Listed $37,500 Beaches MLS

Property tax history

+7.1%/yr

Latest (2025): $2,327 · -4.2% YoY. Source: county tax records.