CashFlowRE
Sign in Sign up
184 Flanders D
B Composite 71.69
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 +30.0/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • ARV discount +7.5/15.0
  • Schools +4.3/10.0
  • Livability +3.9/5.0
  • Rent growth +3.6/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$70,000

184 Flanders D · Delray Beach, FL 33484
1 bd · 1.5 ba · 868 sqft · Condo public records · 301 Days on market
Built 1977 $766/mo HOA · 41% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

A beautiful condo located in one of the nicest bldgs. In Kings Point. Newer Cabinets, vanities, flooring and appliances. Move-in ready- Bldg. has been painted and new walk-ways. Nicely furnished. Easy to show. .. Encl. balcony for a bonus room. Kings Point is a resort style community with 3 multi-million dollar clubhouses, 2 golf courses, tennis courts 6 heated pools. Indoor resistance pool and lap pool. Library, exercise rooms, arts & crafts, cafe, Bistro, Mr & Mrs. hair salon all on site. A lift to 2nd floor. a courtesy bus to shopping daily. Just 6 miles from the ocean and historic downtown Delray Beach. .Welcome Home to South Florida. Min credit of 700 - no rentals for 2 years. $1500 one time fee for ID card plus $60 for 2nd card.

Key facts

  • Enclosed balcony
  • Two golf courses
  • Tennis courts

Tags

ENCLOSED BALCONYTHREE LUXURIOUS CLUBHOUSESTWO GOLF COURSESTENNIS COURTSMULTIPLE POOLSLIBRARY

Property features AI

Finance

  • Other: Senior community; Pets not allowed; 7200 units in the community
  • Financial info: Monthly association fee (listed)
  • HOA & community: Community association with monthly HOA fee; HOA amenities include basketball court, billiard room, clubhouse, elevators, fitness center, golf course, indoor pool, picnic area, sauna, spa/hot tub, tennis courts, bocce ball, cafe/restaurant, courtesy bus, library, pickleball courts, putting green

Exterior

  • Parking: Assigned parking; Guest parking; 1 open parking space
  • Security: Gated community with guard; Security patrol
  • Utilities: Public water; Public sewer; Three-phase electric service; Cable available
  • Home design: Condominium; Multi/split levels; 2 total stories; Building D; Faces north; Resale condition
  • Construction: CBS construction; 760 sq ft building area (public records)
  • Exterior features: Not waterfront; No waterfront features

Interior

  • Kitchen: Dishwasher; Electric range; Microwave; Refrigerator; Electric water heater
  • Bedrooms: 1 bedroom on the main level
  • Bathrooms: 1 full bathroom; 1 half bathroom
  • Heating & cooling: Electric central individual heating; Electric central individual cooling
  • Interior features: No notable built-in interior features listed; Unfurnished
  • Laundry & utility: Inside laundry in a laundry closet

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 1-bed/1.5-bath condo listed at $70k.

Deal economics

  • At list price, monthly cash flow is $267 ($3k/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: $62k (12.0% below list) — sets the bar for market timing.
  • Cap rate 10.9% vs local median 4.3% 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.
  • Market conditions: Rents rising fast (+4.3%/yr); 546 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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 37% of the median local income ($62k/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 $484 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 + 4.3% rent growth), your $20k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 301 days — a 12% lower offer ($62k) is reasonable based on typical stale-listing flexibility.
  • 7 sale attempts since 26y ago; this cycle's ask has dropped $9k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: HOA is 41% 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 $61,600 (12.0% below list)

Questions for the listing agent

  1. It's been on market 301 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Built in 1977 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. 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?
  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. 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?
  9. 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.
  10. 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.
  11. 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
2.70%
Cap rate
10.88%
Cash-on-cash
16.37%
DSCR
1.73
GRM
3.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 4.28% rent growth · sell at horizon

5-year hold
IRR
10.8%
Equity multiple
1.44×
Total profit
$8,633
Equity at exit
$10,437
10-year hold
IRR
22.0%
Equity multiple
3.13×
Total profit
$41,796
Equity at exit
$6,052

Cash invested: $19,600 (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.

ZIP-level market 33484

Rents YoY
4.3%
Active inventory
546
Price-to-rent
3.1×

Monthly cashflow live

Estimated rent
$1,891 high interval (Pro) →
Mortgage (P&I)
$367
Tax from tax record
$64 /mo · $770/yr
Insurance
$29
HOA
$766
Vacancy / Maint / Mgmt
$397
Net cashflow
$267

Break-even live

Break-even rent $1,552
Max offer price $70,000
Occupancy floor 81%

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
$17,500
Closing costs
$2,100
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
719 Flanders O Delray Beach, FL 2.0 2.0 920 $1,800 $1.96 24d 1 0.03mi
177 Flanders D Delray Beach, FL 2.0 2.0 920 $1,600 $1.74 24d 1 0.03mi
173 Flanders Dr Unit 173 Delray Beach, FL 2.0 2.0 920 $2,400 $2.61 24d 1 0.10mi
457 Flanders Dr Unit 457 Delray Beach, FL 1.0 1.5 760 $2,800 $3.68 24d 1 0.10mi
278 Flanders Dr Unit 278 Delray Beach, FL 1.0 1.5 828 $1,290 $1.56 24d 1 0.10mi
697 Flanders O Delray Beach, FL 1.0 1.5 760 $1,400 $1.84 1d 1 0.10mi
177 Flanders Dr Unit 177 Delray Beach, FL 2.0 2.0 920 $1,600 $1.74 24d 1 0.10mi
205 Flanders Dr Unit 205 Delray Beach, FL 2.0 2.0 883 $1,750 $1.98 24d 1 0.10mi
127 Flanders C Delray Beach, FL 1.0 1.5 760 $1,550 $2.04 24d 1 0.11mi
514 Piedmont K Delray Beach, FL 1.0 1.5 792 $1,690 $2.13 24d 1 0.15mi
514 Piedmont K Unit k Delray Beach, FL 1.0 1.5 792 $1,690 $2.13 3d 1 0.15mi
344 Piedmont Trl Delray Beach, FL 2.0 2.0 910 $1,600 $1.76 24d 1 0.17mi
523 Piedmont E Unit 523 Delray Beach, FL 2.0 2.0 1044 $1,750 $1.68 24d 1 0.18mi
492 Piedmont Ct Delray Beach, FL 2.0 2.0 1040 $2,200 $2.12 24d 1 0.19mi
166 Piedmont Way Delray Beach, FL 2.0 2.0 910 $1,600 $1.76 24d 1 0.21mi
224 Piedmont F #224 Delray Beach, FL 1.0 1.5 760 $1,200 $1.58 24d 1 0.21mi
499 Piedmont K Delray Beach, FL 2.0 2.0 907 $2,800 $3.09 24d 1 0.21mi
341 Piedmont H Unit H Delray Beach, FL 2.0 2.0 907 $1,650 $1.82 13d 1 0.21mi
137 Piedmont Way Unit 137 Delray Beach, FL 2.0 2.0 1040 $2,300 $2.21 10d 1 0.21mi
23 Flanders a Delray Beach, FL 1.0 1.5 760 $1,500 $1.97 24d 1 0.22mi
322 Piedmont G Delray Beach, FL 2.0 2.0 910 $2,000 $2.20 13d 1 0.22mi
322 Piedmont G Delray Beach, FL 2.0 2.0 910 $1,800 $1.98 7d 1 0.22mi
370 Piedmont Trl Unit 370 Delray Beach, FL 1.0 2.0 760 $1,700 $2.24 24d 1 0.23mi
370 Piedmont H Delray Beach, FL 1.0 1.5 760 $1,600 $2.11 24d 1 0.24mi
29 Flanders a Delray Beach, FL 2.0 2.0 760 $1,900 $2.50 24d 1 0.24mi
176 Piedmont D Delray Beach, FL 2.0 2.0 910 $1,600 $1.76 24d 1 0.24mi
368 Piedmont H Unit H Delray Beach, FL 2.0 2.0 910 $1,850 $2.03 24d 1 0.25mi
99 Saxony C Delray Beach, FL 1.0 1.5 720 $2,500 $3.47 24d 1 0.25mi
811 Flanders Q Delray Beach, FL 2.0 2.0 920 $1,700 $1.85 3d 1 0.26mi
811 Flanders Q Delray Beach, FL 2.0 2.0 920 $1,700 $1.85 13d 1 0.26mi
52 Saxony Cir Unit 52 Delray Beach, FL 2.0 2.0 1027 $3,200 $3.12 24d 1 0.26mi
151 Saxony D Delray Beach, FL 1.0 1.5 726 $1,500 $2.07 11d 1 0.26mi
7 Piedmont a Delray Beach, FL 2.0 2.0 910 $2,200 $2.42 2d 1 0.29mi
211 Saxony Ln #211 Delray Beach, FL 1.0 1.5 720 $1,400 $1.94 7d 1 0.31mi
960 Flanders T Delray Beach, FL 1.0 1.5 760 $1,500 $1.97 24d 1 0.32mi
321 Saxony G Delray Beach, FL 2.0 2.0 880 $2,200 $2.50 3d 1 0.41mi
111 Normandy Ln Delray Beach, FL 1.0 1.5 726 $1,450 $2.00 1d 1 0.42mi
729 Normandy P Delray Beach, FL 2.0 2.0 907 $1,600 $1.76 24d 1 0.43mi
708 Normandy O Delray Beach, FL 2.0 2.0 907 $3,000 $3.31 24d 1 0.43mi
825 Normandy R Delray Beach, FL 2.0 2.0 905 $3,350 $3.70 17d 1 0.43mi

HOA detail condo

Monthly dues
$766 · $9,192/yr
Likely covers
pool
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 34 events

  1. 2026-06-18
    days on market $70,000 Active 301 DOM
  2. 2026-06-17
    days on market $70,000 Active 300 DOM
  3. 2026-06-16
    days on market $70,000 Active 299 DOM
  4. 2026-06-15
    days on market $70,000 Active 298 DOM
  5. 2026-06-13
    days on market $70,000 Active 296 DOM
  6. 2026-06-09
    days on market $70,000 Active 292 DOM
  7. 2026-06-07
    days on market $70,000 Active 290 DOM
  8. 2026-06-04
    days on market $70,000 Active 287 DOM
  9. 2026-06-03
    days on market $70,000 Active 286 DOM
  10. 2026-06-01
    days on market $70,000 Active 284 DOM
  11. 2026-05-31
    days on market $70,000 Active 283 DOM
  12. 2025-09-29
    price $70,000
  13. 2025-08-21
    listed $79,000 Active
  14. 2021-09-17
    soldstatus $68,000 Closed 756-char remark
    Show marketing remark (756 chars)

    A beautiful condo located in one of the nicest bldgs. In Kings Point. Newer Cabinets, vanities, flooring and appliances. Move-in ready- Bldg. has been painted and new walk-ways. Nicely furnished. Easy to show. .. Encl. balcony for a bonus room. Kings Point is a resort style community with 3 multi-million dollar clubhouses, 2 golf courses, tennis courts 6 heated pools. Indoor resistance pool and lap pool. Library, exercise rooms, arts & crafts, cafe, Bistro, Mr & Mrs. hair salon all on site. A lift to 2nd floor. a courtesy bus to shopping daily. Just 6 miles from the ocean and historic downtown Delray Beach. .Welcome Home to South Florida. Min credit of 700 - no rentals for 2 years. $1500 one time fee for ID card plus $60 for 2nd card.

  15. 2021-09-02
    status Pending 756-char remark
    Show marketing remark (756 chars)

    A beautiful condo located in one of the nicest bldgs. In Kings Point. Newer Cabinets, vanities, flooring and appliances. Move-in ready- Bldg. has been painted and new walk-ways. Nicely furnished. Easy to show. .. Encl. balcony for a bonus room. Kings Point is a resort style community with 3 multi-million dollar clubhouses, 2 golf courses, tennis courts 6 heated pools. Indoor resistance pool and lap pool. Library, exercise rooms, arts & crafts, cafe, Bistro, Mr & Mrs. hair salon all on site. A lift to 2nd floor. a courtesy bus to shopping daily. Just 6 miles from the ocean and historic downtown Delray Beach. .Welcome Home to South Florida. Min credit of 700 - no rentals for 2 years. $1500 one time fee for ID card plus $60 for 2nd card.

  16. 2021-08-20
    price $71,000 756-char remark
    Show marketing remark (756 chars)

    A beautiful condo located in one of the nicest bldgs. In Kings Point. Newer Cabinets, vanities, flooring and appliances. Move-in ready- Bldg. has been painted and new walk-ways. Nicely furnished. Easy to show. .. Encl. balcony for a bonus room. Kings Point is a resort style community with 3 multi-million dollar clubhouses, 2 golf courses, tennis courts 6 heated pools. Indoor resistance pool and lap pool. Library, exercise rooms, arts & crafts, cafe, Bistro, Mr & Mrs. hair salon all on site. A lift to 2nd floor. a courtesy bus to shopping daily. Just 6 miles from the ocean and historic downtown Delray Beach. .Welcome Home to South Florida. Min credit of 700 - no rentals for 2 years. $1500 one time fee for ID card plus $60 for 2nd card.

  17. 2021-08-20
    status Active 756-char remark
    Show marketing remark (756 chars)

    A beautiful condo located in one of the nicest bldgs. In Kings Point. Newer Cabinets, vanities, flooring and appliances. Move-in ready- Bldg. has been painted and new walk-ways. Nicely furnished. Easy to show. .. Encl. balcony for a bonus room. Kings Point is a resort style community with 3 multi-million dollar clubhouses, 2 golf courses, tennis courts 6 heated pools. Indoor resistance pool and lap pool. Library, exercise rooms, arts & crafts, cafe, Bistro, Mr & Mrs. hair salon all on site. A lift to 2nd floor. a courtesy bus to shopping daily. Just 6 miles from the ocean and historic downtown Delray Beach. .Welcome Home to South Florida. Min credit of 700 - no rentals for 2 years. $1500 one time fee for ID card plus $60 for 2nd card.

  18. 2021-07-25
    historical Active Under Contract 756-char remark
    Show marketing remark (756 chars)

    A beautiful condo located in one of the nicest bldgs. In Kings Point. Newer Cabinets, vanities, flooring and appliances. Move-in ready- Bldg. has been painted and new walk-ways. Nicely furnished. Easy to show. .. Encl. balcony for a bonus room. Kings Point is a resort style community with 3 multi-million dollar clubhouses, 2 golf courses, tennis courts 6 heated pools. Indoor resistance pool and lap pool. Library, exercise rooms, arts & crafts, cafe, Bistro, Mr & Mrs. hair salon all on site. A lift to 2nd floor. a courtesy bus to shopping daily. Just 6 miles from the ocean and historic downtown Delray Beach. .Welcome Home to South Florida. Min credit of 700 - no rentals for 2 years. $1500 one time fee for ID card plus $60 for 2nd card.

  19. 2021-07-10
    price $66,000 756-char remark
    Show marketing remark (756 chars)

    A beautiful condo located in one of the nicest bldgs. In Kings Point. Newer Cabinets, vanities, flooring and appliances. Move-in ready- Bldg. has been painted and new walk-ways. Nicely furnished. Easy to show. .. Encl. balcony for a bonus room. Kings Point is a resort style community with 3 multi-million dollar clubhouses, 2 golf courses, tennis courts 6 heated pools. Indoor resistance pool and lap pool. Library, exercise rooms, arts & crafts, cafe, Bistro, Mr & Mrs. hair salon all on site. A lift to 2nd floor. a courtesy bus to shopping daily. Just 6 miles from the ocean and historic downtown Delray Beach. .Welcome Home to South Florida. Min credit of 700 - no rentals for 2 years. $1500 one time fee for ID card plus $60 for 2nd card.

  20. 2021-07-10
    status Active 756-char remark
    Show marketing remark (756 chars)

    A beautiful condo located in one of the nicest bldgs. In Kings Point. Newer Cabinets, vanities, flooring and appliances. Move-in ready- Bldg. has been painted and new walk-ways. Nicely furnished. Easy to show. .. Encl. balcony for a bonus room. Kings Point is a resort style community with 3 multi-million dollar clubhouses, 2 golf courses, tennis courts 6 heated pools. Indoor resistance pool and lap pool. Library, exercise rooms, arts & crafts, cafe, Bistro, Mr & Mrs. hair salon all on site. A lift to 2nd floor. a courtesy bus to shopping daily. Just 6 miles from the ocean and historic downtown Delray Beach. .Welcome Home to South Florida. Min credit of 700 - no rentals for 2 years. $1500 one time fee for ID card plus $60 for 2nd card.

  21. 2021-06-19
    status Pending 756-char remark
    Show marketing remark (756 chars)

    A beautiful condo located in one of the nicest bldgs. In Kings Point. Newer Cabinets, vanities, flooring and appliances. Move-in ready- Bldg. has been painted and new walk-ways. Nicely furnished. Easy to show. .. Encl. balcony for a bonus room. Kings Point is a resort style community with 3 multi-million dollar clubhouses, 2 golf courses, tennis courts 6 heated pools. Indoor resistance pool and lap pool. Library, exercise rooms, arts & crafts, cafe, Bistro, Mr & Mrs. hair salon all on site. A lift to 2nd floor. a courtesy bus to shopping daily. Just 6 miles from the ocean and historic downtown Delray Beach. .Welcome Home to South Florida. Min credit of 700 - no rentals for 2 years. $1500 one time fee for ID card plus $60 for 2nd card.

  22. 2021-05-29
    status Active 756-char remark
    Show marketing remark (756 chars)

    A beautiful condo located in one of the nicest bldgs. In Kings Point. Newer Cabinets, vanities, flooring and appliances. Move-in ready- Bldg. has been painted and new walk-ways. Nicely furnished. Easy to show. .. Encl. balcony for a bonus room. Kings Point is a resort style community with 3 multi-million dollar clubhouses, 2 golf courses, tennis courts 6 heated pools. Indoor resistance pool and lap pool. Library, exercise rooms, arts & crafts, cafe, Bistro, Mr & Mrs. hair salon all on site. A lift to 2nd floor. a courtesy bus to shopping daily. Just 6 miles from the ocean and historic downtown Delray Beach. .Welcome Home to South Florida. Min credit of 700 - no rentals for 2 years. $1500 one time fee for ID card plus $60 for 2nd card.

  23. 2021-05-25
    status Pending 756-char remark
    Show marketing remark (756 chars)

    A beautiful condo located in one of the nicest bldgs. In Kings Point. Newer Cabinets, vanities, flooring and appliances. Move-in ready- Bldg. has been painted and new walk-ways. Nicely furnished. Easy to show. .. Encl. balcony for a bonus room. Kings Point is a resort style community with 3 multi-million dollar clubhouses, 2 golf courses, tennis courts 6 heated pools. Indoor resistance pool and lap pool. Library, exercise rooms, arts & crafts, cafe, Bistro, Mr & Mrs. hair salon all on site. A lift to 2nd floor. a courtesy bus to shopping daily. Just 6 miles from the ocean and historic downtown Delray Beach. .Welcome Home to South Florida. Min credit of 700 - no rentals for 2 years. $1500 one time fee for ID card plus $60 for 2nd card.

  24. 2021-04-13
    price $63,500 756-char remark
    Show marketing remark (756 chars)

    A beautiful condo located in one of the nicest bldgs. In Kings Point. Newer Cabinets, vanities, flooring and appliances. Move-in ready- Bldg. has been painted and new walk-ways. Nicely furnished. Easy to show. .. Encl. balcony for a bonus room. Kings Point is a resort style community with 3 multi-million dollar clubhouses, 2 golf courses, tennis courts 6 heated pools. Indoor resistance pool and lap pool. Library, exercise rooms, arts & crafts, cafe, Bistro, Mr & Mrs. hair salon all on site. A lift to 2nd floor. a courtesy bus to shopping daily. Just 6 miles from the ocean and historic downtown Delray Beach. .Welcome Home to South Florida. Min credit of 700 - no rentals for 2 years. $1500 one time fee for ID card plus $60 for 2nd card.

  25. 2021-03-25
    price $65,000 756-char remark
    Show marketing remark (756 chars)

    A beautiful condo located in one of the nicest bldgs. In Kings Point. Newer Cabinets, vanities, flooring and appliances. Move-in ready- Bldg. has been painted and new walk-ways. Nicely furnished. Easy to show. .. Encl. balcony for a bonus room. Kings Point is a resort style community with 3 multi-million dollar clubhouses, 2 golf courses, tennis courts 6 heated pools. Indoor resistance pool and lap pool. Library, exercise rooms, arts & crafts, cafe, Bistro, Mr & Mrs. hair salon all on site. A lift to 2nd floor. a courtesy bus to shopping daily. Just 6 miles from the ocean and historic downtown Delray Beach. .Welcome Home to South Florida. Min credit of 700 - no rentals for 2 years. $1500 one time fee for ID card plus $60 for 2nd card.

  26. 2021-01-28
    price $68,900 756-char remark
    Show marketing remark (756 chars)

    A beautiful condo located in one of the nicest bldgs. In Kings Point. Newer Cabinets, vanities, flooring and appliances. Move-in ready- Bldg. has been painted and new walk-ways. Nicely furnished. Easy to show. .. Encl. balcony for a bonus room. Kings Point is a resort style community with 3 multi-million dollar clubhouses, 2 golf courses, tennis courts 6 heated pools. Indoor resistance pool and lap pool. Library, exercise rooms, arts & crafts, cafe, Bistro, Mr & Mrs. hair salon all on site. A lift to 2nd floor. a courtesy bus to shopping daily. Just 6 miles from the ocean and historic downtown Delray Beach. .Welcome Home to South Florida. Min credit of 700 - no rentals for 2 years. $1500 one time fee for ID card plus $60 for 2nd card.

  27. 2021-01-14
    listed $75,000 Active 756-char remark
    Show marketing remark (756 chars)

    A beautiful condo located in one of the nicest bldgs. In Kings Point. Newer Cabinets, vanities, flooring and appliances. Move-in ready- Bldg. has been painted and new walk-ways. Nicely furnished. Easy to show. .. Encl. balcony for a bonus room. Kings Point is a resort style community with 3 multi-million dollar clubhouses, 2 golf courses, tennis courts 6 heated pools. Indoor resistance pool and lap pool. Library, exercise rooms, arts & crafts, cafe, Bistro, Mr & Mrs. hair salon all on site. A lift to 2nd floor. a courtesy bus to shopping daily. Just 6 miles from the ocean and historic downtown Delray Beach. .Welcome Home to South Florida. Min credit of 700 - no rentals for 2 years. $1500 one time fee for ID card plus $60 for 2nd card.

  28. 2016-06-20
    soldstatus $28,000
  29. 2016-06-13
    soldstatus $28,000 Closed 659-char remark
    Show marketing remark (659 chars)

    This is a one bedroom one and one half bathroom - Enclosed Porch for that bonus room - extra utility room - needs some TLC but great price! just six miles from the ocean and historic downtown Delray Bch. This resort style community has 3 multi-million dollar clubhouses, indoor/outdoor heat pools, tennis courts, beauty/barber shop, new indoor resistance pool and lap pool. Bistro and cafe on site. Live entertainment weekly, arts/crafts, free movies and even courtesy bus to shopping. Two golf courses (executive and par 3) Come enjoy your new South Florida life style. There is even courtesy bus to shopping daily. Also lift in building to 2nd floor.

  30. 2016-05-07
    status Pending 659-char remark
    Show marketing remark (659 chars)

    This is a one bedroom one and one half bathroom - Enclosed Porch for that bonus room - extra utility room - needs some TLC but great price! just six miles from the ocean and historic downtown Delray Bch. This resort style community has 3 multi-million dollar clubhouses, indoor/outdoor heat pools, tennis courts, beauty/barber shop, new indoor resistance pool and lap pool. Bistro and cafe on site. Live entertainment weekly, arts/crafts, free movies and even courtesy bus to shopping. Two golf courses (executive and par 3) Come enjoy your new South Florida life style. There is even courtesy bus to shopping daily. Also lift in building to 2nd floor.

  31. 2016-04-05
    listed $39,900 Active 659-char remark
    Show marketing remark (659 chars)

    This is a one bedroom one and one half bathroom - Enclosed Porch for that bonus room - extra utility room - needs some TLC but great price! just six miles from the ocean and historic downtown Delray Bch. This resort style community has 3 multi-million dollar clubhouses, indoor/outdoor heat pools, tennis courts, beauty/barber shop, new indoor resistance pool and lap pool. Bistro and cafe on site. Live entertainment weekly, arts/crafts, free movies and even courtesy bus to shopping. Two golf courses (executive and par 3) Come enjoy your new South Florida life style. There is even courtesy bus to shopping daily. Also lift in building to 2nd floor.

  32. 2003-04-15
    soldstatus $28,000
  33. 2001-04-19
    historical
  34. 2000-08-06
    listed $19,000

ⓘ 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
$770 · $64/mo
Projected year-2 tax
$770 · $64/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 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 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$22,689
− Mortgage interest
−$3,921
− Property taxes
−$770
− Insurance
−$350
− Repairs & maintenance
−$1,815
− Management
−$1,815
− HOA
−$9,192
− Depreciation
−$2,036
Taxable income
$2,790
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$670
After-tax cash flow
$2,538/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 — 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 · 1,438,312 people
City population
123,167
Metro
Miami-Fort Lauderdale-Pompano Beach, FL
Population (ZIP)
26,208
Household income
$62,151
Rent vs Own
19.0% rent · 81.0% own
Severe rent burden
991.0

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 (74%)
Race & ethnicity
White 74% Hispanic / Latino 14% Two or more races 10% Black 5% Asian 2%
Hispanic origin (detail)
Puerto Rican 2% Cuban 2%
Common ancestry
Scotch-Irish 7% Romanian 6% Italian 2%
Foreign-born
23% · Canada, Jamaica, China
Languages at home
76% English-only · Spanish 13% Russian/Polish/Slavic 3% French/Haitian/Cajun 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
▼ -232.73%
Current HPI
254.5016
Rent YoY
▲ 4.28%
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

Price history

+268.4% since first listed
23 events — show timeline
  • 2025-09-29 Price Changed $70,000 Beaches MLS
  • 2025-08-21 Listed $79,000 Beaches MLS
  • 2021-09-17 Sold (MLS) $68,000 Beaches MLS
  • 2021-09-02 Pending Beaches MLS
  • 2021-08-20 Price Changed $71,000 Beaches MLS
  • 2021-08-20 Relisted Beaches MLS
  • 2021-07-25 Contingent Beaches MLS
  • 2021-07-10 Price Changed $66,000 Beaches MLS
  • 2021-07-10 Relisted Beaches MLS
  • 2021-06-19 Pending Beaches MLS
  • 2021-05-29 Relisted Beaches MLS
  • 2021-05-25 Pending Beaches MLS
  • 2021-04-13 Price Changed $63,500 Beaches MLS
  • 2021-03-25 Price Changed $65,000 Beaches MLS
  • 2021-01-28 Price Changed $68,900 Beaches MLS
  • 2021-01-14 Listed $75,000 Beaches MLS
  • 2016-06-20 Sold (Public Records) $28,000 Public Records
  • 2016-06-13 Sold (MLS) $28,000 Beaches MLS
  • 2016-05-07 Pending Beaches MLS
  • 2016-04-05 Listed $39,900 Beaches MLS
  • 2003-04-15 Sold (Public Records) $28,000 Public Records
  • 2001-04-19 Listing Removed Beaches MLS
  • 2000-08-06 Listed $19,000 Beaches MLS

Property tax history

+5.2%/yr

Latest (2025): $770 · -49.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…