4058 5th Ave · Seminole Manor, FL 33462

$69,900

3 bd · 2.0 ba · 1,300 sqft · Manufactured · 67 Days on market

Manufactured home Built 1974 Fair condition $1100/mo HOA · 53% of rent ↓ 50% since listing

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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 +18.5/30.0
• 1% rule +10.0/10.0
• ARV discount +7.5/15.0
• DSCR +5.8/10.0
• Schools +4.3/10.0
• Rent growth +3.5/5.0
• Livability +3.2/5.0
• Condition / age +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Just Listed !!! This special home has a beautiful front porch , huge carport with attached storage room/laundry with sink and vanity . The interior has been completely renovated , with new floors, two kitchens , open floor plan to the front porch . Renovated bathrooms, 2 kitchens, roof was recently cleaned and sealed , AC is 3 years new. This home could be a 3 bedroom, or 2 bedroom with an additional living room with separate entrance. Great for guests, or a roommate. The community offers two pools, fitness, tennis, clubhouse, game room and more. Boat and RV storage are included in the monthly fee .

Key facts

• 2 parking spots
• Community pool
• Built 1974

Property features AI

Finance

• Other: Pets allowed (with limits on number and size)
• HOA & community: Homeowners association with an association fee of $1,100; Association fee covers common areas; Senior community

Exterior

• Parking: 2 total parking spaces; 2 covered parking spaces
• Utilities: Electricity available
• Home design: Single-story residence; Resale property; Aluminum siding
• Construction: Aluminum siding construction
• Exterior features: Community pool; Clubhouse; Fitness center; Gated community; On-site property manager; Street lighting; Tennis courts

Interior

• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Unfurnished

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $70k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $67 ($805/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $70k).
• Recommended offer: $66k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 63/100 on livability (#711 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+, cost of living A; Watch: amenities F, commute F, employment 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: Starlight Cove Elementary School (math 40% / reading 31%, grade F, #1,684 of 2,144 statewide, top 79%, 737 students, 77% FRL); Tradewinds Middle School (math 25% / reading 35%, grade F, #468 of 571 statewide, top 82%, 912 students, 74% FRL); Santaluces Community High (math 22% / reading 39%, grade F, #434 of 667 statewide, top 66%, 2,675 students, 61% FRL) — zoned schools average 71% FRL vs 52% district-wide (19 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 32% at this address vs 50% district-wide (-18 pts) — the specific schools serving this property underperform the Palm Beach average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising fast (+4.1%/yr); 385 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 3,974 units permitted in Palm Beach County in 2024 (1,012 in 5+ unit buildings).
• This rent runs 34% of the median local income ($74k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $483 of loan paydown is wiped out by about $2k 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.
• At projected returns (-3.0% appreciation + 4.1% rent growth), your $20k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 67 days — a 6% lower offer ($66k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 4y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: HOA is 53% 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 $65,706 (6.0% below list)

Questions for the listing agent

1. It's been on market 67 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
3. Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
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 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: 2.99% ✓
• Cap rate: 7.44%
• Cash-on-cash: 4.11%
• DSCR: 1.18
• GRM: 2.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 4.09% rent growth · sell at horizon

5-year hold

• IRR: -5.3%
• Equity multiple: 0.79×
• Total profit: $-4,031
• Equity at exit: $10,422

10-year hold

• IRR: 8.3%
• Equity multiple: 1.74×
• Total profit: $14,581
• Equity at exit: $6,044

Cash invested: $19,572 (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 33462

• Rents YoY: 4.1%
• Active inventory: 385
• Price-to-rent: 2.8×

Monthly cashflow live

• Estimated rent: $2,089 high
• Mortgage (P&I): −$367
• Tax est. 1.5%: −$87 /mo · $1,048/yr
• Insurance: −$29
• HOA: −$1,100
• Lot rent leased land?: −$0
• Vacancy / Maint / Mgmt: −$439
• Net cashflow: $67

Break-even live

Break-even rent $2,004

Max offer price $69,900

Occupancy floor 92%

Sensitivity live

Price	-10% $115	-5% $91	+0% $67	+5% $43	+10% $19
Rent	-10% $-98	-5% $-15	+0% $67	+5% $150	+10% $232
Rate	-1.0pp $102	-0.5pp $85	base $67	+0.5pp $49	+1.0pp $31

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: $17,475
• Closing costs: $2,097
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6411 Birch Ln Lake Worth, FL	3.0	2.0	1200	$1,800	$1.50	26d	1	0.22mi
3883 Island Club Cir W Lake Worth, FL	3.0	2.5	1308	$2,400	$1.83	20d	1	0.29mi
6040 Lace Wood Cir Lake Worth, FL	3.0	2.0	1326	$2,799	$2.11	26d	1	0.33mi
423 Pine Tree Ct #23 Lake Worth, FL	2.0	2.0	1222	$2,300	$1.88	24d	1	0.35mi
493 Forestview Dr Lake Worth, FL	3.0	2.0	1701	$2,300	$1.35	7d	1	0.43mi
4648 Silver Saw Ln Lake Worth, FL	3.0	2.5	1718	$3,300	$1.92	13d	1	0.70mi
4350 Peregrine Way Lake Worth, FL	1.0–3.0	1.0–2.0	1025	$3,119	$3.04	1d	17	0.75mi
4091 Plumbago Pl Lake Worth, FL	3.0	2.0	1816	$1,300	$0.72	26d	1	0.78mi
4735 Blue Pine Cir Lake Worth, FL	3.0	2.0	1732	$3,500	$2.02	26d	1	0.78mi
4983 Pinemore Ln Unit 4983 Greenacres, FL	3.0	2.5	1628	$2,900	$1.78	26d	1	0.94mi
3327 Sapphire Rd Lake Worth, FL	4.0	3.0	1377	$3,400	$2.47	14d	1	0.98mi
3327 Sapphire Rd Lake Worth, FL	4.0	3.0	1377	$3,350	$2.43	5d	1	0.98mi
7093 Middlebury Dr Unit 7093 Boynton Beach, FL	4.0	2.0	1470	$3,000	$2.04	26d	1	1.04mi
7132 Colony Club Dr Lake Worth, FL	1.0–3.0	1.0–2.0	1087	$2,919	$2.69	0d	16	1.04mi
6909 Blue Skies Dr Lake Worth, FL	2.0	2.5	1293	$2,600	$2.01	26d	1	1.10mi
6289 Lear Dr Lake Worth, FL	1.0–3.0	1.0–2.0	792	$2,200	$2.78	17d	2	1.11mi
6289 Lear Dr #203 Lake Worth, FL	3.0	2.0	1044	$2,200	$2.11	26d	1	1.11mi
4657 Meyerson Pl Lake Worth, FL	3.0	2.5	1635	$2,900	$1.77	23d	1	1.12mi
4657 Meyerson Pl Lake Worth, FL	3.0	2.5	1635	$2,900	$1.77	26d	1	1.12mi
4951 Mallory St Unit 4951 Greenacres, FL	3.0	2.5	1309	$2,700	$2.06	24d	1	1.13mi
4947 Grinnell St Lake Worth, FL	3.0	2.5	1309	$2,850	$2.18	26d	1	1.18mi
5056 Lantana Rd #4302 Lake Worth, FL	2.0	2.0	979	$2,295	$2.34	10d	1	1.18mi
7398 Willow Springs Cir E Boynton Beach, FL	3.0	2.0	1390	$2,811	$2.02	1d	1	1.18mi
6175 Reflections Blvd Lake Worth, FL	1.0–2.0	1.0–2.0	814	$2,307	$2.83	1d	16	1.19mi
4725 Via Bari Lake Worth, FL	1.0–3.0	1.0–2.0	1150	$2,829	$2.46	0d	9	1.21mi
5048 Lantana Rd #5112 Lake Worth, FL	3.0	2.0	1115	$2,200	$1.97	10d	1	1.23mi
712 Meadows Cir Boynton Beach, FL	2.0	2.0	921	$2,400	$2.61	26d	1	1.23mi
4616 Hollister Ave Unit 4616 Greenacres, FL	3.0	2.5	1628	$3,100	$1.90	26d	1	1.24mi
5064 Lantana Rd #6203 Lake Worth, FL	2.0	2.0	929	$2,100	$2.26	26d	1	1.24mi
300 John F Kennedy Dr #8 Lake Worth, FL	3.0	2.0	1711	$3,200	$1.87	4d	1	1.25mi
300 John F Kennedy Dr #8 Lake Worth, FL	3.0	2.0	1711	$3,100	$1.81	5d	1	1.25mi
300 John F Kennedy Dr #101 Lake Worth, FL	3.0	2.0	1711	$3,500	$2.05	24d	1	1.25mi
300 John F Kennedy Dr #208 Lake Worth, FL	3.0	2.0	1548	$4,800	$3.10	26d	1	1.25mi
4607 Hollister Ave Unit 4607 Greenacres, FL	3.0	2.5	1628	$2,950	$1.81	1d	1	1.25mi
2780 Norfolk Pine Ct Lake Worth, FL	2.0	2.0	1175	$2,400	$2.04	26d	1	1.27mi
4302 Colony View Dr Unit 4302 Greenacres, FL	3.0	2.5	1851	$3,000	$1.62	23d	1	1.27mi
1106 Meadows Cir Boynton Beach, FL	2.0	2.0	900	$1,850	$2.06	5d	1	1.28mi
1106 Meadows Cir Boynton Beach, FL	2.0	2.0	900	$1,895	$2.11	24d	1	1.28mi
316 Meadows Cir #316 Boynton Beach, FL	2.0	2.0	921	$1,995	$2.17	1d	1	1.29mi
1205 Meadows Cir Boynton Beach, FL	2.0	2.0	909	$1,900	$2.09	26d	1	1.29mi

HOA detail

• Monthly dues: $1,100 · $13,200/yr
• Likely covers: pool

Listing history 23 events

1. 2026-06-22
   days on market $69,900 Active 67 DOM
2. 2026-06-21
   days on market $69,900 Active 66 DOM
3. 2026-06-18
   days on market $69,900 Active 63 DOM
4. 2026-06-17
   days on market $69,900 Active 62 DOM
5. 2026-06-16
   days on market $69,900 Active 61 DOM
6. 2026-06-15
   days on market $69,900 Active 60 DOM
7. 2026-06-13
   days on market $69,900 Active 58 DOM
8. 2026-06-09
   days on market $69,900 Active 54 DOM
9. 2026-06-08
   days on market $69,900 Active 53 DOM
10. 2026-06-07
    days on market $69,900 Active 52 DOM
11. 2026-06-04
    days on market $69,900 Active 49 DOM
12. 2026-06-03
    days on market $69,900 Active 48 DOM
13. 2026-06-02
    days on market $69,900 Active 47 DOM
14. 2026-06-01
    days on market $69,900 Active 46 DOM
15. 2026-05-31
    days on market $69,900 Active 45 DOM
16. 2026-04-16
    listed $69,900 Active
17. 2025-12-01
    historical
18. 2025-11-22
    price $97,400
19. 2025-11-12
    price $111,000
20. 2025-11-02
    listed $125,000 Active
21. 2022-08-12
    soldstatus $110,000 Closed 606-char remark

    Show marketing remark (606 chars)

    Just Listed !!! This special home has a beautiful front porch , huge carport with attached storage room/laundry with sink and vanity . The interior has been completely renovated , with new floors, two kitchens , open floor plan to the front porch . Renovated bathrooms, 2 kitchens, roof was recently cleaned and sealed , AC is 3 years new. This home could be a 3 bedroom, or 2 bedroom with an additional living room with separate entrance. Great for guests, or a roommate. The community offers two pools, fitness, tennis, clubhouse, game room and more. Boat and RV storage are included in the monthly fee .

22. 2022-06-16
    status Pending 606-char remark

    Show marketing remark (606 chars)

    Just Listed !!! This special home has a beautiful front porch , huge carport with attached storage room/laundry with sink and vanity . The interior has been completely renovated , with new floors, two kitchens , open floor plan to the front porch . Renovated bathrooms, 2 kitchens, roof was recently cleaned and sealed , AC is 3 years new. This home could be a 3 bedroom, or 2 bedroom with an additional living room with separate entrance. Great for guests, or a roommate. The community offers two pools, fitness, tennis, clubhouse, game room and more. Boat and RV storage are included in the monthly fee .

23. 2022-05-04
    listed $140,000 Active 606-char remark

    Show marketing remark (606 chars)

    Just Listed !!! This special home has a beautiful front porch , huge carport with attached storage room/laundry with sink and vanity . The interior has been completely renovated , with new floors, two kitchens , open floor plan to the front porch . Renovated bathrooms, 2 kitchens, roof was recently cleaned and sealed , AC is 3 years new. This home could be a 3 bedroom, or 2 bedroom with an additional living room with separate entrance. Great for guests, or a roommate. The community offers two pools, fitness, tennis, clubhouse, game room and more. Boat and RV storage are included in the monthly fee .

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥105°F today · 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: $25,065
• − Mortgage interest: −$3,915
• − Property taxes: −$1,048
• − Insurance: −$350
• − Repairs & maintenance: −$2,005
• − Management: −$2,005
• − HOA: −$13,200
• − Depreciation: −$2,033
• Taxable income: $508
• Est. tax owed @ 24.0%: −$122
• After-tax cash flow: $683/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 · 12 photos

Fair 45/100 Cosmetic rehab

This home is in fair condition with cosmetic updates needed. It has potential for significant value increase with updates to the kitchen and bathrooms, as well as replacing the flooring and repairing the exterior siding.

Repairs flagged

• Minor kitchen cabinets — existing cabinets need updating
• Minor bathroom cabinets — existing cabinets need updating
• Minor HVAC units — existing units need cleaning

Value-add opportunities

• Resale update kitchen cabinets — modernizing kitchen
• Resale update bathroom cabinets — modernizing bathrooms
• Both replace flooring — improves appearance and functionality
• Both repair exterior siding — enhances curb appeal and durability

Renovation cost estimate screening

Repair item	Severity	Est. cost
kitchen cabinets · existing cabinets need updating	Minor	$500–3,000
bathroom cabinets · existing cabinets need updating	Minor	$500–3,000
HVAC units · existing units need cleaning	Minor	$500–3,000
Total estimated repair cost · 3 items		$1,500–9,000

Value-add ROI direction

• Resale update kitchen cabinets — modernizing kitchen ↑
• Resale update bathroom cabinets — modernizing bathrooms ↑
• Both replace flooring — improves appearance and functionality ↑
• Both repair exterior siding — enhances curb appeal and durability ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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 — Seminole Manor

• Score: 63/100
• State rank: #711
• US rank: #15076

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Palm Beach County · 1,438,312 people
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 33,371
• Household income: $73,997
• Rent vs Own: 35.1% rent · 64.9% own
• Severe rent burden: 1852.0

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 0.68)
• Race & ethnicity: White 44% Black 26% Hispanic / Latino 26% Two or more races 11% Asian 2%
• Hispanic origin (detail): Mexican 8% Puerto Rican 5% Cuban 3%
• Common ancestry: Hispanic 14% Romanian 2% Scotch-Irish 2%
• Foreign-born: 31% · Canada, Jamaica, Dominican Republic
• Languages at home: 60% English-only · Spanish 20% French/Haitian/Cajun 16% Other Indo-European 1%

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: ▼ -295.48%
• Current HPI: 361.5391
• Rent YoY: ▲ 4.09%
• 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

-50.1% since first listed

8 events — show timeline

• 2026-04-16 Listed $69,900 MCRTC
• 2025-12-01 Listing Removed — Beaches MLS
• 2025-11-22 Price Changed $97,400 Beaches MLS
• 2025-11-12 Price Changed $111,000 Beaches MLS
• 2025-11-02 Listed $125,000 Beaches MLS
• 2022-08-12 Sold (MLS) $110,000 MCRTC
• 2022-06-16 Pending — MCRTC
• 2022-05-04 Listed $140,000 MCRTC