6525 S Oriole Blvd · Delray Beach, FL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 2/10 · Minimal
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 9/10 · Severe
- Hot days now (above 107°F)
- 6 days/yr
- Hot days in 30 yrs
- 23 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
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 +19.4/30.0
- ARV discount +15.0/15.0
- 1% rule +7.5/10.0
- DSCR +6.3/10.0
- Appreciation +5.3/10.0
- Schools +5.2/10.0
- Livability +3.9/5.0
- Condition / age +3.8/5.0
- Rent growth +2.6/5.0
$92,000
6525 S Oriole Blvd · Delray Beach, FL 33446
2 bd · 2.0 ba · 1,044 sqft · Townhouse
· 183 Days on market
55+ age-restricted
Built 1980
$88/sqft
· 42% below area
Est $159k · 42% under
$918/mo HOA · 42% of rent
↓ 30% since listing
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
GREAT REDUCTION FOR A QUICK SALE!! 2/2 CONDO IN A WELL-KEPT GATED 55+ COMMUNITY. 2ND FLOOR, CORNER UNIT WITH PLENTY OF NATURAL LIGHT, TILE THROUGHTOUT, SPACIOUS BEDROOMS, HUGE WALK-IN CLOSET IN MASTER BEDROOM, SPACIOUS EAT-IN KITCHEN AREA, WASHER AND DRYER INSIDE THE UNIT, PRIVATE SCREENED BALCONY. GATED COMMUNITY, EXCELLENT CLUB HOUSE, HOT POOL, GREAT AMENITIES! COMPLEX LOCATED VERY CLOSE TO THE MAIN ROADS, SUPERMARKETS, BANKS, SHOPPING, AND MORE!!
Key facts
- Gated community
- Huge walk-in closet
- Excellent club house
Tags
Neighborhood map
Sold within
Property
Rental comp
Retail
Costco
Walmart
Transit
Schools
Stadiums
Fortune 500
· Circle radius: 6.0 mi
Loading POIs…
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath townhouse listed at $92k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $176 ($2k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $92k).
- Recommended offer: $81k (12.0% below list) — sets the bar for market timing.
- Cap rate 8.6% vs local median 4.1% in Delray Beach — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 77/100 on livability (#202 in FL, #3,160 nationally) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, commute A-; Watch: cost of living C-, crime D-, amenities F.
- Palm Beach (suburban): math 46% / reading 53% proficiency, ranked #34 of 73 in FL (top 47%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Zoned schools: Hagen Road Elementary School (math 55% / reading 63%, grade B-, #722 of 2,144 statewide, top 34%, 773 students, 46% FRL); Carver Middle School (math 22% / reading 34%, grade F, #486 of 571 statewide, top 86%, 732 students, 73% FRL); Spanish River Community High School (math 64% / reading 74%, grade B, #63 of 667 statewide, top 10%, 2,578 students, 25% FRL) — zoned schools at 48% FRL track the district average.
- Market conditions: Rents flat; 810 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 62d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 75% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 3,974 units permitted in Palm Beach County in 2024 (1,012 in 5+ unit buildings).
- This rent runs 33% of the median local income ($80k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- In year one you build about $1k of equity ($636 loan paydown + $632 appreciation (0.7% local appreciation)).
- Palm Beach County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- At projected returns (0.7% appreciation + 0.5% rent growth), your $26k cash investment doubles in ~10 years — after that, you're playing with house money.
Negotiation context
- It's been on market 183 days — a 12% lower offer ($81k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Watch-outs: HOA is 42% of rent.
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 6→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer
$80,960
(12.0% below list)
Questions for the listing agent
- It's been on market 183 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 2.38% ✓
- Cap rate
- 8.59%
- Cash-on-cash
- 8.22%
- DSCR
- 1.37
- GRM
- 3.5
CMA / ARV
- ARV (median comp)
- $158,802
- List price
- $92,000
- Delta
- -42.07%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 14701 Cumberland Dr #3060 | 0.15mi | 2/2.0 | 1,044 (0%) | 1mo | $130,000 | $125 | 92 |
| 14897 Bal Moral Ln #105 | 0.18mi | 2/2.0 | 1,040 (-0%) | 0mo | $185,000 | $178 | 91 |
| 10 Willowbrook #205 | 0.15mi | 2/2.0 | 1,005 (-4%) | 0mo | $142,500 | $142 | 86 |
| 15165 Michelangelo Blvd #106 | 0.37mi | 2/2.0 | 1,079 (+3%) | 1mo | $270,660 | $251 | 76 |
| 7286 Huntington Ln #303 | 0.52mi | 2/2.0 | 1,070 (+2%) | 1mo | $114,000 | $107 | 71 |
| 1 Abbey Ln #201 | 0.24mi | 2/2.0 | 925 (-11%) | 1mo | $82,500 | $89 | 69 |
| 14527 Bonaire Blvd #203 | 0.60mi | 2/2.0 | 1,060 (+2%) | 1mo | $125,000 | $118 | 69 |
| 7006 Huntington Ln #306 | 0.57mi | 2/2.0 | 1,070 (+2%) | 1mo | $75,000 | $70 | 68 |
| 7301 Amberly Ln #402 | 0.54mi | 2/2.0 | 1,080 (+3%) | 2mo | $120,000 | $111 | 68 |
| 7321 Amberly Ln #302 | 0.57mi | 2/2.0 | 1,080 (+3%) | 0mo | $227,000 | $210 | 67 |
| 33 Abbey Ln #207 | 0.32mi | 2/2.0 | 925 (-11%) | 0mo | $100,000 | $108 | 66 |
| 14527 Bonaire Blvd #101 | 0.60mi | 2/2.0 | 1,145 (+10%) | 2mo | $138,000 | $121 | 55 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
0.69% appreciation · 0.51% rent growth · sell at horizon
5-year hold
- IRR
- 5.5%
- Equity multiple
- 1.26×
- Total profit
- $6,797
- Equity at exit
- $29,917
10-year hold
- IRR
- 6.6%
- Equity multiple
- 1.68×
- Total profit
- $17,485
- Equity at exit
- $38,629
Cash invested: $25,760 (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.
Buyer's market
Market conditions
within 1.0 mi — comparable homes for sale
Active competition Active MLS
- For sale now
- 210 active · 89 under contract
- Months of supply
- 33.2 mo (3%/mo absorbed)
- Median asking
- $154,800 ($158/sqft)
- Median days on market
- 115 d
- This list price
- 7% of active listings are priced below it
- ARV vs active asking
- -3.9% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 33446
- Home prices YoY
- 0.3%
- Rents YoY
- 0.5%
- Active inventory
- 810
- Price-to-rent
- 3.5×
Monthly cashflow live
↻
- Estimated rent
- $2,190 high interval (Pro) →
- Mortgage (P&I)
- −$482
- Tax est. 1.5%
- −$115 /mo · $1,380/yr
- Insurance
- −$38
- HOA
- −$918
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$460
- Net cashflow
- $176
Break-even live
Break-even rent
$1,967
Max offer price
$92,000
Occupancy floor
87%
Sensitivity live
| Price | -10% $240 | -5% $208 | +0% $176 | +5% $145 | +10% $113 |
|---|---|---|---|---|---|
| Rent | -10% $3 | -5% $90 | +0% $176 | +5% $263 | +10% $349 |
| Rate | -1.0pp $223 | -0.5pp $200 | base $176 | +0.5pp $153 | +1.0pp $128 |
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
- $23,000
- Closing costs
- $2,760
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 14849 Cumberland Dr #1040 Delray Beach, FL | 1.0 | 2.0 | 912 | $2,100 | $2.30 | 54d | 1 | 0.05mi |
| 14723 Cumberland Dr Unit 404 B Delray Beach, FL | 1.0 | 2.0 | 912 | $1,850 | $2.03 | 120d | 1 | 0.08mi |
| 14 Willowbrook Ln #101 Delray Beach, FL | 2.0 | 2.0 | 1005 | $1,700 | $1.69 | 101d | 1 | 0.11mi |
| 14896 Bal Moral Ln #104 Delray Beach, FL | 2.0 | 2.0 | 1040 | $2,500 | $2.40 | 36d | 1 | 0.11mi |
| 6650 S Oriole Blvd #2070 Delray Beach, FL | 2.0 | 2.0 | 1044 | $1,875 | $1.80 | 32d | 1 | 0.12mi |
| 6650 S Oriole Blvd #1030 Delray Beach, FL | 2.0 | 2.0 | 1044 | $1,900 | $1.82 | 6d | 1 | 0.12mi |
| 6675 S Oriole Blvd Apt 205 Delray Beach, FL | 2.0 | 2.0 | 1044 | $1,700 | $1.63 | 5d | 1 | 0.12mi |
| 14896 Bal Moral Ln Delray Beach, FL | 2.0 | 2.0 | 1040 | $2,200 | $2.12 | 10d | 1 | 0.12mi |
| 14896 Bal Moral Ln Delray Beach, FL | 2.0 | 2.0 | 1040 | $2,200 | $2.12 | 120d | 1 | 0.12mi |
| 14747 Cumberland Dr #301 Delray Beach, FL | 2.0 | 2.0 | 1044 | $1,900 | $1.82 | 120d | 1 | 0.13mi |
| 15 Willowbrook Ln Delray Beach, FL | 2.0 | 2.0 | 1005 | $2,999 | $2.98 | 62d | 1 | 0.14mi |
| 10 Willowbrook Ln #105 Delray Beach, FL | 2.0 | 2.0 | 1005 | $2,100 | $2.09 | 106d | 1 | 0.15mi |
| 10 Willowbrook Ln Delray Beach, FL | 2.0 | 2.0 | 1005 | $2,100 | $2.09 | 42d | 1 | 0.15mi |
| 10 Willowbrook Ln Delray Beach, FL | 2.0 | 2.0 | 1005 | $2,100 | $2.09 | 83d | 1 | 0.15mi |
| 15 Willowbrook Ln #204 Delray Beach, FL | 2.0 | 2.0 | 1005 | $2,800 | $2.79 | 11d | 1 | 0.15mi |
| 14893 Wedgefield Dr Delray Beach, FL | 2.0 | 2.0 | 1040 | $2,000 | $1.92 | 45d | 1 | 0.18mi |
| 14898 Wedgefield Dr #202 Delray Beach, FL | 2.0 | 2.0 | 1103 | $2,000 | $1.81 | 113d | 1 | 0.18mi |
| 14895 Builtmore Way Delray Beach, FL | 2.0 | 2.0 | 1103 | $1,800 | $1.63 | 120d | 1 | 0.18mi |
| 14888 Wedgefield Dr #207 Delray Beach, FL | 2.0 | 2.0 | 1040 | $2,650 | $2.55 | 57d | 1 | 0.19mi |
| 14917 Wedgefield Dr #203 Delray Beach, FL | 2.0 | 2.0 | 1040 | $2,500 | $2.40 | 6d | 1 | 0.19mi |
| 14917 Wedgefield Dr #203 Delray Beach, FL | 2.0 | 2.0 | 1040 | $2,500 | $2.40 | 5d | 1 | 0.19mi |
| 20 Abbey Ln #102 Delray Beach, FL | 2.0 | 2.0 | 925 | $2,600 | $2.81 | 120d | 1 | 0.21mi |
| 19 Abbey Ln Delray Beach, FL | 2.0 | 2.0 | 925 | $1,750 | $1.89 | 39d | 1 | 0.22mi |
| 19 Abbey Ln #206 Delray Beach, FL | 2.0 | 2.0 | 925 | $1,750 | $1.89 | 120d | 1 | 0.22mi |
| 6813 Moonlit Dr Delray Beach, FL | 2.0 | 2.0 | 1148 | $2,150 | $1.87 | 120d | 1 | 0.23mi |
| 6813 Moonlit Dr Delray Beach, FL | 2.0 | 2.0 | 1148 | $2,150 | $1.87 | 42d | 1 | 0.23mi |
| 15015 Michelangelo Blvd #102 Delray Beach, FL | 3.0 | 2.0 | 1238 | $2,499 | $2.02 | 120d | 1 | 0.24mi |
| 15015 Michelangelo Blvd #102 Delray Beach, FL | 3.0 | 2.0 | 1238 | $2,499 | $2.02 | 99d | 1 | 0.24mi |
| 15025 Michelangelo Blvd Delray Beach, FL | 1.0 | 1.0 | 787 | $2,000 | $2.54 | 19d | 1 | 0.24mi |
| 21 Abbey Ln #107 Delray Beach, FL | 2.0 | 2.0 | 925 | $1,700 | $1.84 | 54d | 1 | 0.25mi |
| 15025 Michelangelo Blvd #208 Delray Beach, FL | 1.0 | 1.0 | 787 | $1,900 | $2.41 | 20d | 1 | 0.25mi |
| 21 Abbey Ln Delray Beach, FL | 2.0 | 2.0 | 925 | $1,700 | $1.84 | 61d | 1 | 0.26mi |
| 21 Abbey Ln Delray Beach, FL | 2.0 | 2.0 | 925 | $1,700 | $1.84 | 51d | 1 | 0.26mi |
| 22 Abbey Ln #101 Delray Beach, FL | 2.0 | 2.0 | 925 | $2,100 | $2.27 | 11d | 1 | 0.26mi |
| 3 Abbey Ln #102 Delray Beach, FL | 2.0 | 2.0 | 925 | $2,500 | $2.70 | 120d | 1 | 0.27mi |
| 23 Abbey Ln #208 Delray Beach, FL | 2.0 | 2.0 | 925 | $1,500 | $1.62 | 98d | 1 | 0.27mi |
| 15035 Michelangelo Blvd Delray Beach, FL | 1.0–2.0 | 1.0–2.0 | 924 | $2,200 | $2.38 | 79d | 2 | 0.27mi |
| 6 Abbey Ln #207 Delray Beach, FL | 2.0 | 2.0 | 925 | $1,950 | $2.11 | 10d | 1 | 0.27mi |
| 15035 Michelangelo Blvd #103 Delray Beach, FL | 2.0 | 2.0 | 1079 | $2,000 | $1.85 | 120d | 1 | 0.27mi |
| 15035 Michelangelo Blvd #103 Delray Beach, FL | 2.0 | 2.0 | 1079 | $2,300 | $2.13 | 64d | 1 | 0.27mi |
Property features AI
Finance
- Other
- Senior community
- Financial info
- Pets allowed with possible restrictions
- HOA & community
- Community of 300 unitsHOA with monthly feeMonthly association fee (amount listed separately)Association amenities include clubhouse, fitness center, game room, and poolHOA covers cable TV, grounds maintenance, sewer, common areas, roof repairs, and recreation facility
Exterior
- Parking
- Assigned parking and guest parking2 open parking spaces
- Security
- Smoke detector(s)Gated community (no guard)
- Utilities
- Public waterPublic sewerCable connectedWater available
- Home design
- CondominiumOne-level living (listed as One)Entry level information not specifiedFaces westResale condition
- Construction
- Stucco / CBS / concrete block with stucco constructionSlate roof2 total stories
- Exterior features
- Non-waterfront propertyNo waterfront features listed
Interior
- Kitchen
- Electric rangeDishwasherMicrowaveRefrigeratorGarbage disposalElectric water heater
- Bedrooms
- No main-level bedrooms
- Flooring
- Ceramic tileTile
- Bathrooms
- 2 full bathrooms
- Heating & cooling
- Central heatingCentral airCeiling fan(s)
- Interior features
- Entrance foyerSkylight(s)
- Laundry & utility
- Laundry closet inside the unit
HOA detail $918/mo · $11,016/yr
- Likely covers
- poolsecurity
Listing history 50 events
-
2026-09-23days on market $92,000 Active 183 DOM
-
2026-09-22days on market $92,000 Active 182 DOM
-
2026-09-21days on market $92,000 Active 181 DOM
-
2026-09-20days on market $92,000 Active 180 DOM
-
2026-09-18days on market $92,000 Active 178 DOM
-
2026-09-17days on market $92,000 Active 177 DOM
-
2026-09-16days on market $92,000 Active 176 DOM
-
2026-09-15days on market $92,000 Active 175 DOM
-
2026-09-13days on market $92,000 Active 173 DOM
-
2026-09-12days on market $92,000 Active 172 DOM
-
2026-09-11pricedays on market $92,000 Active 171 DOM
-
2026-09-05days on market $99,000 Active 165 DOM
-
2026-09-04days on market $99,000 Active 164 DOM
-
2026-09-03days on market $99,000 Active 163 DOM
-
2026-08-31days on market $99,000 Active 160 DOM
-
2026-08-29days on market $99,000 Active 158 DOM
-
2026-08-28days on market $99,000 Active 157 DOM
-
2026-08-27days on market $99,000 Active 156 DOM
-
2026-08-25days on market $99,000 Active 154 DOM
-
2026-08-24days on market $99,000 Active 153 DOM
-
2026-08-23pricedays on market $99,000 Active 152 DOM
-
2026-08-22days on market $109,900 Active 151 DOM
-
2026-08-21days on market $109,900 Active 150 DOM
-
2026-08-20days on market $109,900 Active 149 DOM
-
2026-08-19days on market $109,900 Active 148 DOM
-
2026-08-18days on market $109,900 Active 147 DOM
-
2026-08-17days on market $109,900 Active 146 DOM
-
2026-08-16days on market $109,900 Active 145 DOM
-
2026-08-15days on market $109,900 Active 144 DOM
-
2026-08-14days on market $109,900 Active 143 DOM
-
2026-08-13days on market $109,900 Active 142 DOM
-
2026-08-12days on market $109,900 Active 141 DOM
-
2026-08-11days on market $109,900 Active 140 DOM
-
2026-08-10days on market $109,900 Active 139 DOM
-
2026-08-09days on market $109,900 Active 138 DOM
-
2026-08-08days on market $109,900 Active 137 DOM
-
2026-08-06days on market $109,900 Active 135 DOM
-
2026-08-05pricedays on market $109,900 Active 134 DOM
-
2026-08-03days on market $115,000 Active 132 DOM
-
2026-07-31days on market $115,000 Active 129 DOM
-
2026-07-24days on market $115,000 Active 122 DOM
-
2026-07-23days on market $115,000 Active 121 DOM
-
2026-07-22days on market $115,000 Active 120 DOM
-
2026-07-21days on market $115,000 Active 119 DOM
-
2026-07-20days on market $115,000 Active 118 DOM
-
2026-07-18days on market $115,000 Active 116 DOM
-
2026-07-18days on market $115,000 Active 115 DOM
-
2026-07-16days on market $115,000 Active 114 DOM
-
2026-07-15days on market $115,000 Active 113 DOM
-
2026-07-14days on market $115,000 Active 112 DOM
ⓘ 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 2/10 Low
- Heat 9/10 Extreme 6 d/yr ≥107°F today · 23 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $26,281
- − Mortgage interest
- −$5,153
- − Property taxes
- −$1,380
- − Insurance
- −$460
- − Repairs & maintenance
- −$2,103
- − Management
- −$2,103
- − HOA
- −$11,016
- − Depreciation
- −$2,676
- Taxable income
- $1,391
combined federal + state — saved on this device
- Est. tax owed @ 24.0%
- −$334
- After-tax cash flow
- $1,783/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 · 13 photos
75/100
Cosmetic rehab
Est. rehab $5,220–$15,660 screening
This 2/2 condo in a well-maintained gated community is in good condition with minimal repairs needed. Modernizing the kitchen and adding smart home devices can significantly boost its resale and rental value.
Value-add opportunities
- Resale modernize kitchen cabinets — newer cabinets can increase appeal ↑
- Both install smart home devices — enhances both resale and rental value ↑
- Both landscape improvements — enhances curb appeal and rental value ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
D
Composite school gradezoned avg 52/100
Zoned Schools
Elementary
Hagen Road Elementary School
B-
FL #722/2,144
Nat'l #8,048/41,679
Middle
Carver Middle School
F
FL #486/571
Nat'l #9,545/14,009
High
Spanish River Community High School
B
FL #63/667
Nat'l #2,354/17,239
Schools (NCES district)
- District
- Palm Beach
- NCES district ID
- 1201500
- Math proficiency
- 46% ▼ -16.00%
- Reading proficiency
- 53% ▼ -4.00%
- Median HH income
- $53,943
- Composite
- 42.72/100
- National rank
- #3160
- State rank
- #34 of 73 in FL
B
Composite livability gradescore 77/100
Livability — Delray Beach
- Score
- 77/100
- State rank
- #202
- US rank
- #3160
Category grades
Amenities F
Commute A-
Cost of living C-
Crime D-
Employment B+
Housing A+
Health & safety A+
User ratings A
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Palm Beach County · 1,637,487 people
- City population
- 123,167
- Metro
- Miami-Fort Lauderdale-Pompano Beach, FL
- Population (ZIP)
- 28,431
- Household income
- $80,187
- Rent vs Own
- Severe rent burden
- 24% of renters
Population outlook (Palm Beach County) Hauer SSP2
- Today (2025)
- 1,637,487 people
- By 2030
- 1,743,255 · +6.5%
- By 2040
- 1,948,712 · +19.0%
- By 2050
- 2,132,979 · +30.3%
- By 2075
- 2,530,027 · +54.5%
- By 2100
- 2,706,979 · +65.3%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (79%)
- Race & ethnicity
- White 79% Hispanic / Latino 13% Two or more races 9% Black 4%
- Hispanic origin (detail)
- Puerto Rican 3% Dominican 1%
- Common ancestry
- Romanian 9% Scotch-Irish 9% Italian 2%
- Foreign-born
- 20% · Canada, Jamaica, Guatemala
- Languages at home
- 80% English-only · Spanish 12% Other Indo-European 2% French/Haitian/Cajun 2%
Political lean MEDSL · Palm Beach
- 2024 margin
- Toss-up / Even · D 50.0% · R 49.2%
- 2008→2024 swing
- -22.1pp toward R · 2008: 22.9pp · 2024: 0.8pp
- All cycles
- 2024: D+0.8 2020: D+12.8 2016: D+15.3 2012: D+17.0 2008: D+22.9
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▲ 0.69%
- Current HPI
- 242.5138
- Rent YoY
- ▲ 0.51%
- Metro
- Miami-Fort Lauderdale-Pompano Beach, FL
- State GDP YoY
- ▲ 3.28%
- F500 in state
- 36
Industry mix (Fortune 500 HQ in FL)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Industrial Technology | 2 | $29B |
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| Insurance | 2 | $17B |
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| Retail | 1 | $60B |
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| Technology Distribution | 1 | $58B |
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| Homebuilding | 1 | $35B |
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| Technology Manufacturing | 1 | $35B |
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Price history
-30.3% since first listed4 events — show timeline
- 2026-05-16 Price Changed $115,000 Beaches MLS
- 2026-04-30 Price Changed $146,000 Beaches MLS
- 2026-04-13 Price Changed $153,500 Beaches MLS
- 2026-03-20 Listed $164,900 Beaches MLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…