4201 S Ocean Blvd Unit K3 · South Palm Beach, FL 33480

$312,000

2 bd · 2.0 ba · 986 sqft · Condo public records · 254 Days on market

Built 1973 $700/mo HOA · 20% 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 +14.8/30.0
• Appreciation +7.6/10.0
• ARV discount +7.5/15.0
• 1% rule +6.2/10.0
• DSCR +4.5/10.0
• Schools +4.3/10.0
• Livability +3.6/5.0
• Rent growth +3.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

This is a beautiful condo located in one of the top 5 safest places to live in the United States. Beautiful decor, tile floors, bedroom #1 engineered flooring (wood) bedroom #2 carpeted. New paint inside, lower end of HOA's, Located across the street from Lantana Public beach, walking distance to EAU 5 Star Hotel (formally the Ritz Carlton), Dune Deck Cafe on Lantana Beach), famous John G's Restaurant, Ice Cream Club, Play House, and Thiakyo Asian Fusion Restaurant located in the Manalapan Plaza. World famous fishing pier located approx. 5 miles to the north on the beautiful Lake Worth Public Beach with fine shops and restaurants. Beautiful well maintained asphalt path for walking and a bicycle lane on A1A for bicyclists. Very friendly people, close to So. Plm. Bch. Police and Fire Dept

Key facts

• Outdoor balcony
• Walk-in closet
• New pool

Tags

• OUTDOOR BALCONY
• GRANITE COUNTERTOP
• WALK-IN CLOSET
• TANKLESS WATER HEATER
• NEW APPLIANCES
• NEW POOL

Property features AI

Finance

• Other: Directions to property available
• Financial info: No additional financial details provided
• HOA & community: HOA present; monthly fee of 700; Association amenities include bike storage and internet included; Pets not allowed

Exterior

• Parking: No parking details provided
• Security: No security details provided
• Utilities: Utilities: None listed
• Home design: Condominium; 2 total stories; East-facing
• Construction: Concrete construction; 1,100 building area (owner source); Resale condition
• Exterior features: Not waterfront

Interior

• Kitchen: Dishwasher; Refrigerator; Electric water heater
• Bedrooms: 2 bedrooms on main level
• Flooring: Wood
• Bathrooms: 2 full bathrooms on main level
• Heating & cooling: Central heating; Individual central cooling
• Interior features: Walk-in closets; Unfurnished
• Laundry & utility: No specific laundry details provided

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $312k.

Deal economics

• At list price, monthly cash flow is $-341 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $252k (19.3% below list).
• Meets the 1% rule at list price ($3k rent vs $312k).
• Recommended offer: $252k (19.3% below list) — sets the bar for cash-flow.

Location & tenants

• Location reads 72/100 on livability (#340 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+, health & safety A+; Watch: schools C-, 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.
• Market conditions: Rents rising (+3.9%/yr); 447 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 3,974 units permitted in Palm Beach County in 2024 (1,012 in 5+ unit buildings).

Forward outlook

• In year one you build about $18k of equity ($2k loan paydown + $16k appreciation (5.1% local appreciation)).
• Palm Beach County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 3, paydown + projected appreciation supports a ~$45k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 254 days — a 12% lower offer ($275k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 16y ago; this cycle's ask has dropped $23k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $169k; list at $312k implies a 85% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo; HOA is 20% of rent.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); 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 $251,758 (19.3% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 254 days. Have you received any prior offers? Is the seller open to a 19% concession, seller financing, or rate buy-down credit?
3. Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
5. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
6. 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?
7. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
8. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 1.12% ✓
• Cap rate: 6.62%
• Cash-on-cash: 1.17%
• DSCR: 1.05
• GRM: 7.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

5.12% appreciation · 3.92% rent growth · sell at horizon

5-year hold

• IRR: 9.9%
• Equity multiple: 1.64×
• Total profit: $56,121
• Equity at exit: $178,988

10-year hold

• IRR: 11.9%
• Equity multiple: 3.24×
• Total profit: $195,340
• Equity at exit: $310,728

Cash invested: $87,360 (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 33480

• Home prices YoY: 1.1%
• Rents YoY: 3.9%
• Active inventory: 447
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $3,481 high
• Mortgage (P&I): −$1,636
• Tax from tax record: −$198 /mo · $2,376/yr
• Insurance: −$130
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$700
• Vacancy / Maint / Mgmt: −$731
• Net cashflow: $-341

Break-even live

Break-even rent $3,912

Max offer price $251,758

Occupancy floor —

Sensitivity live

Price	-10% $-164	-5% $-253	+0% $-341	+5% $-429	+10% $-518
Rent	-10% $-616	-5% $-478	+0% $-341	+5% $-204	+10% $-66
Rate	-1.0pp $-184	-0.5pp $-262	base $-341	+0.5pp $-422	+1.0pp $-504

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: $78,000
• Closing costs: $9,360
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3605 S Ocean Blvd #319 Palm Beach, FL	2.0	2.0	1121	$4,000	$3.57	5d	1	0.02mi
4201 S Ocean Blvd Unit K2 Palm Beach, FL	1.0	1.5	714	$2,299	$3.22	8d	1	0.04mi
3605 S Ocean Blvd Palm Beach, FL	2.0	2.0	1162	$3,350	$2.88	25d	2	0.06mi
3581 S Ocean Blvd Unit 2B Palm Beach, FL	1.0	1.5	940	$2,900	$3.09	17d	1	0.14mi
3580 S Ocean Blvd Unit 6B Palm Beach, FL	1.0	1.5	1013	$2,500	$2.47	15d	1	0.20mi
3540 S Ocean Blvd #612 Palm Beach, FL	2.0	2.0	983	$4,700	$4.78	8d	1	0.36mi
3540 S Ocean Blvd #310 Palm Beach, FL	1.0	1.5	785	$2,100	$2.68	8d	1	0.36mi
3540 S Ocean Blvd #608 Palm Beach, FL	2.0	2.0	983	$2,950	$3.00	25d	1	0.36mi
3540 S Ocean Blvd #208 Palm Beach, FL	2.0	2.0	983	$2,750	$2.80	4d	1	0.36mi
3540 S Ocean Blvd #216 Palm Beach, FL	2.0	2.0	983	$2,550	$2.59	22d	1	0.36mi
3540 S Ocean Blvd #309 Palm Beach, FL	1.0	1.5	785	$2,400	$3.06	6d	1	0.36mi
3540 S Ocean Blvd #309 Palm Beach, FL	1.0	1.5	785	$2,300	$2.93	5d	1	0.36mi
3540 S Ocean Blvd Palm Beach, FL	1.0	2.0	983	$4,000	$4.07	25d	1	0.36mi
3500 S Ocean Blvd Palm Beach, FL	1.0	1.0	580	$1,950	$3.36	2d	3	0.44mi
3475 S Ocean Blvd #6110 Palm Beach, FL	1.0	1.5	891	$3,500	$3.93	25d	1	0.49mi
3475 S Ocean Blvd #3110 Palm Beach, FL	1.0	1.5	891	$2,600	$2.92	25d	1	0.49mi
300 Croton Ave Lantana, FL	2.0	2.0	1039	$3,000	$2.89	25d	1	0.58mi
300 Croton Ave #102 Lantana, FL	2.0	2.0	1039	$3,250	$3.13	25d	1	0.58mi
301 Croton Ave #302 Lantana, FL	1.0	1.0	702	$1,900	$2.71	25d	1	0.59mi
231 E Lantana Rd #203 Lantana, FL	2.0	2.0	950	$2,400	$2.53	4d	1	0.60mi
3450 S Ocean Blvd Palm Beach, FL	1.0–2.0	1.0–2.0	1236	$9,500	$7.69	8d	9	0.60mi
3450 S Ocean Blvd Palm Beach, FL	1.0–2.0	1.0–2.0	1236	$9,500	$7.69	3d	10	0.60mi
3450 S Ocean Blvd #8120 Palm Beach, FL	1.0	1.5	1008	$3,500	$3.47	25d	1	0.61mi
3450 S Ocean Blvd #4270 Palm Beach, FL	1.0	1.0	924	$3,250	$3.52	25d	1	0.61mi
3450 S Ocean Blvd #1050 Palm Beach, FL	1.0	1.0	952	$2,950	$3.10	25d	1	0.61mi
3450 S Ocean Blvd #3280 Palm Beach, FL	1.0	1.0	952	$2,500	$2.63	25d	1	0.61mi
315 N Lake Dr Unit 6 Lantana, FL	1.0	1.0	590	$1,495	$2.53	18d	1	0.67mi
200 Croton Ave Lantana, FL	1.0–2.0	1.0	695	$1,850	$2.66	15d	2	0.67mi
119 Sunrise Ave Unit A Lantana, FL	1.0	1.0	555	$2,400	$4.32	21d	1	0.70mi
720 N Dixie Hwy #202 Lantana, FL	2.0	2.5	1125	$2,000	$1.78	5d	1	0.70mi
115 E Lantana Rd Lantana, FL	1.0	1.0	600	$1,600	$2.67	11d	1	0.70mi
107 Waterway Dr S Lantana, FL	1.0	1.5	806	$1,750	$2.17	8d	1	0.71mi
896 N Federal Hwy Lantana, FL	2.0	2.0	1027	$2,925	$2.85	8d	2	0.73mi
896 N Federal Hwy Lantana, FL	2.0	2.0	1027	$2,700	$2.63	25d	2	0.73mi
200 Waterway Dr S #202 Lantana, FL	1.0	1.5	806	$1,850	$2.30	25d	1	0.75mi
802 W Windward Way #304 Lantana, FL	1.0	1.0	839	$2,700	$3.22	25d	1	0.78mi
896 N Federal Hwy #128 Lantana, FL	2.0	2.0	1025	$3,200	$3.12	12d	1	0.79mi
303 Waterway Dr S #303 Lantana, FL	2.0	1.5	900	$2,100	$2.33	25d	1	0.80mi
300 Waterway Dr S #308 Lantana, FL	2.0	1.5	806	$2,200	$2.73	25d	1	0.81mi
329 Melody Ln Unit 331 Lantana, FL	2.0	2.0	842	$1,849	$2.20	8d	1	0.86mi

HOA detail condo

• Monthly dues: $700 · $8,400/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 38 events

1. 2026-06-18
   days on market $312,000 Active 254 DOM
2. 2026-06-17
   days on market $312,000 Active 253 DOM
3. 2026-06-16
   days on market $312,000 Active 252 DOM
4. 2026-06-15
   days on market $312,000 Active 251 DOM
5. 2026-06-13
   days on market $312,000 Active 249 DOM
6. 2026-06-09
   days on market $312,000 Active 245 DOM
7. 2026-06-07
   days on market $312,000 Active 243 DOM
8. 2026-06-04
   days on market $312,000 Active 240 DOM
9. 2026-06-03
   days on market $312,000 Active 239 DOM
10. 2026-06-01
    days on market $312,000 Active 237 DOM
11. 2026-05-31
    days on market $312,000 Active 236 DOM
12. 2026-05-24
    price $312,000
13. 2026-05-08
    price $299,000
14. 2025-12-17
    price $316,000
15. 2025-10-07
    listed $335,000 Active
16. 2024-04-18
    historical $2,900
17. 2024-03-27
    price $2,900
18. 2024-03-19
    price $3,900
19. 2024-03-08
    listed $4,700
20. 2017-08-11
    soldstatus $169,000
21. 2015-06-22
    soldstatus $150,000
22. 2015-06-19
    soldstatus $150,000 Closed 797-char remark

    Show marketing remark (797 chars)

    This is a beautiful condo located in one of the top 5 safest places to live in the United States. Beautiful decor, tile floors, bedroom #1 engineered flooring (wood) bedroom #2 carpeted. New paint inside, lower end of HOA's, Located across the street from Lantana Public beach, walking distance to EAU 5 Star Hotel (formally the Ritz Carlton), Dune Deck Cafe on Lantana Beach), famous John G's Restaurant, Ice Cream Club, Play House, and Thiakyo Asian Fusion Restaurant located in the Manalapan Plaza. World famous fishing pier located approx. 5 miles to the north on the beautiful Lake Worth Public Beach with fine shops and restaurants. Beautiful well maintained asphalt path for walking and a bicycle lane on A1A for bicyclists. Very friendly people, close to So. Plm. Bch. Police and Fire Dept

23. 2015-04-24
    historical Contingent 797-char remark

    Show marketing remark (797 chars)

    This is a beautiful condo located in one of the top 5 safest places to live in the United States. Beautiful decor, tile floors, bedroom #1 engineered flooring (wood) bedroom #2 carpeted. New paint inside, lower end of HOA's, Located across the street from Lantana Public beach, walking distance to EAU 5 Star Hotel (formally the Ritz Carlton), Dune Deck Cafe on Lantana Beach), famous John G's Restaurant, Ice Cream Club, Play House, and Thiakyo Asian Fusion Restaurant located in the Manalapan Plaza. World famous fishing pier located approx. 5 miles to the north on the beautiful Lake Worth Public Beach with fine shops and restaurants. Beautiful well maintained asphalt path for walking and a bicycle lane on A1A for bicyclists. Very friendly people, close to So. Plm. Bch. Police and Fire Dept

24. 2015-04-23
    status Pending 797-char remark

    Show marketing remark (797 chars)

    This is a beautiful condo located in one of the top 5 safest places to live in the United States. Beautiful decor, tile floors, bedroom #1 engineered flooring (wood) bedroom #2 carpeted. New paint inside, lower end of HOA's, Located across the street from Lantana Public beach, walking distance to EAU 5 Star Hotel (formally the Ritz Carlton), Dune Deck Cafe on Lantana Beach), famous John G's Restaurant, Ice Cream Club, Play House, and Thiakyo Asian Fusion Restaurant located in the Manalapan Plaza. World famous fishing pier located approx. 5 miles to the north on the beautiful Lake Worth Public Beach with fine shops and restaurants. Beautiful well maintained asphalt path for walking and a bicycle lane on A1A for bicyclists. Very friendly people, close to So. Plm. Bch. Police and Fire Dept

25. 2015-03-21
    price $158,700 797-char remark

    Show marketing remark (797 chars)

    This is a beautiful condo located in one of the top 5 safest places to live in the United States. Beautiful decor, tile floors, bedroom #1 engineered flooring (wood) bedroom #2 carpeted. New paint inside, lower end of HOA's, Located across the street from Lantana Public beach, walking distance to EAU 5 Star Hotel (formally the Ritz Carlton), Dune Deck Cafe on Lantana Beach), famous John G's Restaurant, Ice Cream Club, Play House, and Thiakyo Asian Fusion Restaurant located in the Manalapan Plaza. World famous fishing pier located approx. 5 miles to the north on the beautiful Lake Worth Public Beach with fine shops and restaurants. Beautiful well maintained asphalt path for walking and a bicycle lane on A1A for bicyclists. Very friendly people, close to So. Plm. Bch. Police and Fire Dept

26. 2015-02-27
    price $159,900 797-char remark

    Show marketing remark (797 chars)

    This is a beautiful condo located in one of the top 5 safest places to live in the United States. Beautiful decor, tile floors, bedroom #1 engineered flooring (wood) bedroom #2 carpeted. New paint inside, lower end of HOA's, Located across the street from Lantana Public beach, walking distance to EAU 5 Star Hotel (formally the Ritz Carlton), Dune Deck Cafe on Lantana Beach), famous John G's Restaurant, Ice Cream Club, Play House, and Thiakyo Asian Fusion Restaurant located in the Manalapan Plaza. World famous fishing pier located approx. 5 miles to the north on the beautiful Lake Worth Public Beach with fine shops and restaurants. Beautiful well maintained asphalt path for walking and a bicycle lane on A1A for bicyclists. Very friendly people, close to So. Plm. Bch. Police and Fire Dept

27. 2015-02-18
    price $165,500 797-char remark

    Show marketing remark (797 chars)

    This is a beautiful condo located in one of the top 5 safest places to live in the United States. Beautiful decor, tile floors, bedroom #1 engineered flooring (wood) bedroom #2 carpeted. New paint inside, lower end of HOA's, Located across the street from Lantana Public beach, walking distance to EAU 5 Star Hotel (formally the Ritz Carlton), Dune Deck Cafe on Lantana Beach), famous John G's Restaurant, Ice Cream Club, Play House, and Thiakyo Asian Fusion Restaurant located in the Manalapan Plaza. World famous fishing pier located approx. 5 miles to the north on the beautiful Lake Worth Public Beach with fine shops and restaurants. Beautiful well maintained asphalt path for walking and a bicycle lane on A1A for bicyclists. Very friendly people, close to So. Plm. Bch. Police and Fire Dept

28. 2015-02-09
    price $166,000 797-char remark

    Show marketing remark (797 chars)

    This is a beautiful condo located in one of the top 5 safest places to live in the United States. Beautiful decor, tile floors, bedroom #1 engineered flooring (wood) bedroom #2 carpeted. New paint inside, lower end of HOA's, Located across the street from Lantana Public beach, walking distance to EAU 5 Star Hotel (formally the Ritz Carlton), Dune Deck Cafe on Lantana Beach), famous John G's Restaurant, Ice Cream Club, Play House, and Thiakyo Asian Fusion Restaurant located in the Manalapan Plaza. World famous fishing pier located approx. 5 miles to the north on the beautiful Lake Worth Public Beach with fine shops and restaurants. Beautiful well maintained asphalt path for walking and a bicycle lane on A1A for bicyclists. Very friendly people, close to So. Plm. Bch. Police and Fire Dept

29. 2015-01-11
    price $177,500 797-char remark

    Show marketing remark (797 chars)

    This is a beautiful condo located in one of the top 5 safest places to live in the United States. Beautiful decor, tile floors, bedroom #1 engineered flooring (wood) bedroom #2 carpeted. New paint inside, lower end of HOA's, Located across the street from Lantana Public beach, walking distance to EAU 5 Star Hotel (formally the Ritz Carlton), Dune Deck Cafe on Lantana Beach), famous John G's Restaurant, Ice Cream Club, Play House, and Thiakyo Asian Fusion Restaurant located in the Manalapan Plaza. World famous fishing pier located approx. 5 miles to the north on the beautiful Lake Worth Public Beach with fine shops and restaurants. Beautiful well maintained asphalt path for walking and a bicycle lane on A1A for bicyclists. Very friendly people, close to So. Plm. Bch. Police and Fire Dept

30. 2014-12-29
    price $178,900 797-char remark

    Show marketing remark (797 chars)

    This is a beautiful condo located in one of the top 5 safest places to live in the United States. Beautiful decor, tile floors, bedroom #1 engineered flooring (wood) bedroom #2 carpeted. New paint inside, lower end of HOA's, Located across the street from Lantana Public beach, walking distance to EAU 5 Star Hotel (formally the Ritz Carlton), Dune Deck Cafe on Lantana Beach), famous John G's Restaurant, Ice Cream Club, Play House, and Thiakyo Asian Fusion Restaurant located in the Manalapan Plaza. World famous fishing pier located approx. 5 miles to the north on the beautiful Lake Worth Public Beach with fine shops and restaurants. Beautiful well maintained asphalt path for walking and a bicycle lane on A1A for bicyclists. Very friendly people, close to So. Plm. Bch. Police and Fire Dept

31. 2014-12-12
    listed $192,000 Active 797-char remark

    Show marketing remark (797 chars)

    This is a beautiful condo located in one of the top 5 safest places to live in the United States. Beautiful decor, tile floors, bedroom #1 engineered flooring (wood) bedroom #2 carpeted. New paint inside, lower end of HOA's, Located across the street from Lantana Public beach, walking distance to EAU 5 Star Hotel (formally the Ritz Carlton), Dune Deck Cafe on Lantana Beach), famous John G's Restaurant, Ice Cream Club, Play House, and Thiakyo Asian Fusion Restaurant located in the Manalapan Plaza. World famous fishing pier located approx. 5 miles to the north on the beautiful Lake Worth Public Beach with fine shops and restaurants. Beautiful well maintained asphalt path for walking and a bicycle lane on A1A for bicyclists. Very friendly people, close to So. Plm. Bch. Police and Fire Dept

32. 2012-01-13
    soldstatus $115,000
33. 2012-01-10
    soldstatus $115,000 211-char remark

    Show marketing remark (211 chars)

    Very nice furnished 2nd floor apt. Beautiful pool area, next to tge Intracoastal, beach is accross the street.This great property is locating in desirable South Palm Beach,close to good restaurants and shopping.

34. 2011-11-17
    historical 211-char remark

    Show marketing remark (211 chars)

    Very nice furnished 2nd floor apt. Beautiful pool area, next to tge Intracoastal, beach is accross the street.This great property is locating in desirable South Palm Beach,close to good restaurants and shopping.

35. 2011-11-02
    listed $129,900 211-char remark

    Show marketing remark (211 chars)

    Very nice furnished 2nd floor apt. Beautiful pool area, next to tge Intracoastal, beach is accross the street.This great property is locating in desirable South Palm Beach,close to good restaurants and shopping.

36. 2011-01-08
    historical
37. 2010-01-09
    listed $170,000
38. 1989-12-29
    soldstatus $81,000

ⓘ 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: $2,376 · $198/mo
• Projected year-2 tax: $2,590 · $216/mo
• Expected delta: +$214/yr (+$18/mo · 9.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 9/10 Extreme FEMA zone AE · 99% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥104°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: $41,767
• − Mortgage interest: −$17,477
• − Property taxes: −$2,376
• − Insurance: −$6,679
• − Repairs & maintenance: −$3,341
• − Management: −$3,341
• − HOA: −$8,400
• − Depreciation: −$9,076
• Taxable loss: −$8,923
• Est. tax savings @ 24.0%: +$2,142
• After-tax cash flow: $-1,951/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 — South Palm Beach

• Score: 72/100
• State rank: #340
• US rank: #5907

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: South Palm Beach, FL
• County: Palm Beach County · 1,438,312 people
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 10,924
• Household income: $150,633
• Rent vs Own: 15.8% rent · 84.2% own
• Severe rent burden: 213.0

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 (89%)
• Race & ethnicity: White 89% Hispanic / Latino 7% Two or more races 6% Asian 1%
• Hispanic origin (detail): Mexican 1% Puerto Rican 1% Cuban 1%
• Common ancestry: Scotch-Irish 7% Romanian 5% Italian 3%
• Foreign-born: 20% · Canada, Dominican Republic, China
• Languages at home: 84% English-only · Spanish 7% Other Indo-European 3% Russian/Polish/Slavic 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: ▲ 5.12%
• Current HPI: 464.2769
• Rent YoY: ▲ 3.92%
• 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

+285.2% since first listed

27 events — show timeline

• 2026-05-24 Price Changed $312,000 Beaches MLS
• 2026-05-08 Price Changed $299,000 Beaches MLS
• 2025-12-17 Price Changed $316,000 Beaches MLS
• 2025-10-07 Listed $335,000 Beaches MLS
• 2024-04-18 Rental Removed $2,900 Avail
• 2024-03-27 Price Changed $2,900 Avail
• 2024-03-19 Price Changed $3,900 Avail
• 2024-03-08 Listed for Rent $4,700 Avail
• 2017-08-11 Sold (Public Records) $169,000 Public Records
• 2015-06-22 Sold (Public Records) $150,000 Public Records
• 2015-06-19 Sold (MLS) $150,000 Beaches MLS
• 2015-04-24 Contingent — Beaches MLS
• 2015-04-23 Pending — Beaches MLS
• 2015-03-21 Price Changed $158,700 Beaches MLS
• 2015-02-27 Price Changed $159,900 Beaches MLS
• 2015-02-18 Price Changed $165,500 Beaches MLS
• 2015-02-09 Price Changed $166,000 Beaches MLS
• 2015-01-11 Price Changed $177,500 Beaches MLS
• 2014-12-29 Price Changed $178,900 Beaches MLS
• 2014-12-12 Listed $192,000 Beaches MLS
• 2012-01-13 Sold (Public Records) $115,000 Public Records
• 2012-01-10 Sold (MLS) $115,000 Beaches MLS
• 2011-11-17 Listing Removed — Beaches MLS
• 2011-11-02 Listed $129,900 Beaches MLS
• 2011-01-08 Listing Removed — Beaches MLS
• 2010-01-09 Listed $170,000 Beaches MLS
• 1989-12-29 Sold (Public Records) $81,000 Public Records

Property tax history

-1.0%/yr

Latest (2025): $2,376 · +3.6% YoY. Source: county tax records.