2803 Sarento Pl · Palm Beach Gardens, FL 33410

$313,000

2 bd · 2.0 ba · 1,092 sqft · SingleFamily · 14 Days on market

Built 2003 Good condition $287/sqft · 25% below area Est $418k · 25% under

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Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +17.1/30.0
• ARV discount +15.0/15.0
• DSCR +5.3/10.0
• 1% rule +4.6/10.0
• Schools +4.2/10.0
• Condition / age +3.8/5.0
• Livability +3.5/5.0
• Rent growth +3.1/5.0
• Appreciation +0.0/10.0

Listing remarks

Spacious 2 bedroom with large walk in closets, screened in lanai, 2 bath, second floor, includes storage room. Features include impact windows, newly A/C and roof. Gated resort style community. Pet friendly. Two minutes walk to the oversized community pool and fitness centre, including spa, tennis, billiard, steam room and sauna. Two minutes drive to Downtown, Gardens mall, restaurants.

Key facts

• Community pool
• Walk in closets
• Fitness centre

Tags

• WALK IN CLOSETS
• SCREENED IN LANAI
• IMPACT WINDOWS
• GATED RESORT STYLE COMMUNITY
• COMMUNITY POOL
• FITNESS CENTRE

🏷️ Possibly a rental listed for sale. The $313,000 price doesn't fit this home's estimated sale value (~$417,503) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $313k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $216 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $301k (3.8% below list).
• Recommended offer: $301k (3.8% below list) — sets the bar for 1% rule.
• Cap rate 7.1% vs local median 3.4% in Palm Beach Gardens — 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 69/100 on livability (#464 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F, cost of living 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: Dwight D. Eisenhower Elementary School (math 52% / reading 52%, grade C-, #990 of 2,144 statewide, top 48%, 432 students, 56% FRL); Howell L. Watkins Middle School (math 18% / reading 33%, grade F, #512 of 571 statewide, top 90%, 794 students, 76% FRL); William T. Dwyer High School (math 36% / reading 58%, grade D-, #207 of 667 statewide, top 32%, 2,206 students, 37% FRL) — zoned schools at 57% FRL track the district average.
• Market conditions: Rents rising (+2.5%/yr); 419 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 49d 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 38% of the median local income ($95k/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 $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
• Palm Beach County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 14 days on market — expect competitive offers; lowballing is unlikely to land.
• 6 sale attempts since 20y ago; this cycle's ask is 12055% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

• Climate carrying-cost: moderate flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $301,204 (3.8% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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.
4. 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.
5. 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: 0.96% ✗
• Cap rate: 7.12%
• Cash-on-cash: 2.96%
• DSCR: 1.13
• GRM: 8.7

CMA / ARV

• ARV (median comp): $417,503
• List price: $313,000
• Delta: -25.03%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3135 Florida Blvd	0.32mi	3/2.0 (+1)	1,179 (+8%)	7mo	$539,000	$457	61
2665 Oak Dr	0.30mi	1/1.0 (-1)	970 (-11%)	0mo	$716,625	$739	58
1702 Silverleaf Oak Ct	1.11mi	2/2.0	1,152 (+6%)	1mo	$350,000	$304	55
12091 Colony Ave	0.62mi	3/2.0 (+1)	1,204 (+10%)	3mo	$540,000	$449	46
3618 Island Rd	0.84mi	3/2.0 (+1)	1,040 (-5%)	16mo	$400,000	$385	39
12108 Colony Ave	0.58mi	3/2.0 (+1)	1,278 (+17%)	9mo	$465,000	$364	35
3663 Atlantic Rd	0.76mi	2/1.0	1,200 (+10%)	18mo	$350,000	$292	29
3773 Bahama Rd	0.88mi	3/1.5 (+1)	1,200 (+10%)	15mo	$411,250	$343	29
2345 N Wallen Dr	0.56mi	3/2.0 (+1)	1,296 (+19%)	23mo	$748,000	$577	24

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 2.49% rent growth · sell at horizon

5-year hold

• IRR: -12.2%
• Equity multiple: 0.56×
• Total profit: $-38,427
• Equity at exit: $46,669

10-year hold

• IRR: -3.8%
• Equity multiple: 0.75×
• Total profit: $-21,772
• Equity at exit: $27,063

Cash invested: $87,640 (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 →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 6 active · 8 under contract
• Months of supply: 12.0 mo (8%/mo absorbed)
• Median asking: $522,000 ($449/sqft)
• Median days on market: 13 d
• This list price: lowest-priced of the active set
• ARV vs active asking: -14.8% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 33410

• Rents YoY: 2.5%
• Active inventory: 419
• Price-to-rent: 8.7×

Monthly cashflow live

• Estimated rent: $3,012 high
• Mortgage (P&I): −$1,641
• Tax est. 1.5%: −$391 /mo · $4,695/yr
• Insurance: −$130
• HOA: −$0
• Vacancy / Maint / Mgmt: −$633
• Net cashflow: $216

Break-even live

Break-even rent $2,738

Max offer price $313,000

Occupancy floor 88%

Sensitivity live

Price	-10% $433	-5% $325	+0% $216	+5% $108	+10% $0
Rent	-10% $-22	-5% $97	+0% $216	+5% $335	+10% $454
Rate	-1.0pp $374	-0.5pp $296	base $216	+0.5pp $135	+1.0pp $53

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: $78,250
• Closing costs: $9,390
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2810 Grande Pkwy #107 Palm Beach Gardens, FL	2.0	2.0	1146	$3,500	$3.05	5d	1	0.06mi
2804 Sarento Pl #107 Palm Beach Gardens, FL	3.0	2.0	1361	$2,800	$2.06	26d	1	0.08mi
2802 Sarento Pl #204 Palm Beach Gardens, FL	2.0	2.0	1092	$3,500	$3.21	120d	1	0.08mi
2805 Veronia Dr #104 Palm Beach Gardens, FL	3.0	2.0	1361	$2,950	$2.17	11d	1	0.09mi
2806 Veronia Dr #113 Palm Beach Gardens, FL	2.0	2.0	1070	$3,900	$3.64	48d	1	0.09mi
2805 Veronia Dr #104 Palm Beach Gardens, FL	3.0	2.0	1361	$2,950	$2.17	18d	1	0.09mi
2805 Veronia Dr #104 Palm Beach Gardens, FL	3.0	2.0	1361	$2,950	$2.17	33d	1	0.09mi
2813 Grande Pkwy #109 Palm Beach Gardens, FL	3.0	2.0	1278	$2,818	$2.21	31d	1	0.10mi
2813 Grande Pkwy #109 Palm Beach Gardens, FL	3.0	2.0	1278	$2,818	$2.21	120d	1	0.10mi
2813 Grande Pkwy #109 Palm Beach Gardens, FL	3.0	2.0	1278	$2,818	$2.21	37d	1	0.10mi
3019 Alcazar Pl #107 Palm Beach Gardens, FL	1.0	1.0	1000	$3,000	$3.00	117d	1	0.12mi
3019 Alcazar Pl #107 Palm Beach Gardens, FL	1.0	1.0	1000	$2,900	$2.90	120d	1	0.12mi
3018 Alcazar Pl #101 Palm Beach Gardens, FL	3.0	2.0	1316	$3,000	$2.28	20d	1	0.12mi
3018 Alcazar Pl #101 Palm Beach Gardens, FL	3.0	2.0	1316	$2,900	$2.20	39d	1	0.12mi
2805 Veronia Dr Palm Beach Gardens, FL	2.0–3.0	2.0	1255	$3,000	$2.39	68d	1	0.14mi
2807 Veronia Dr #108 Palm Beach Gardens, FL	2.0	2.0	1158	$2,850	$2.46	31d	1	0.14mi
2811 Grande Pkwy #203 Palm Beach Gardens, FL	1.0	1.0	765	$2,800	$3.66	25d	1	0.15mi
2725 Anzio Ct #202 Palm Beach Gardens, FL	3.0	2.0	1316	$2,850	$2.17	29d	1	0.15mi
3020 Alcazar Pl #303 Palm Beach Gardens, FL	3.0	2.0	1316	$2,900	$2.20	39d	1	0.16mi
3020 Alcazar Pl #308 Palm Beach Gardens, FL	3.0	2.0	1316	$3,000	$2.28	63d	1	0.16mi
2916 Tuscany Ct Palm Beach Gardens, FL	3.0	2.0	1278	$2,818	$2.21	120d	1	0.17mi
2916 Tuscany Ct #201 Palm Beach Gardens, FL	2.0	2.0	1149	$3,200	$2.79	99d	1	0.17mi
12096 Dolphin Dr Palm Beach Gardens, FL	3.0	2.0	1040	$2,850	$2.74	37d	1	0.20mi
2727 Anzio Ct #106 Palm Beach Gardens, FL	3.0	2.0	1316	$3,000	$2.28	120d	1	0.20mi
3270 Grove Rd Unit 1326860P Palm Beach Gardens, FL	3.0	2.0	1496	$6,941	$4.64	51d	1	0.41mi
3329 Grove Rd Palm Beach Gardens, FL	3.0	2.0	1125	$2,995	$2.66	20d	1	0.49mi
2388 S Wallen Dr West Palm Beach, FL	3.0	2.0	1296	$4,998	$3.86	83d	1	0.53mi
2388 S Wallen Dr West Palm Beach, FL	3.0	2.0	1296	$4,500	$3.47	120d	1	0.53mi
2395 Idlewild Rd Palm Beach Gardens, FL	3.0	2.0	1476	$4,475	$3.03	84d	1	0.59mi
12015 Colony Ave Palm Beach Gardens, FL	3.0	2.0	1104	$3,100	$2.81	120d	1	0.60mi
12015 Colony Ave Palm Beach Gardens, FL	3.0	2.0	1104	$3,100	$2.81	117d	1	0.60mi
3539 Everglades Rd Palm Beach Gardens, FL	2.0	1.0	925	$3,300	$3.57	48d	1	0.65mi
2545 Venice Dr Palm Beach Gardens, FL	3.0	2.0	1298	$3,748	$2.89	83d	1	0.65mi
3558 Everglades Rd Palm Beach Gardens, FL	3.0	2.0	1040	$2,850	$2.74	37d	1	0.68mi
3640 Gull Rd Palm Beach Gardens, FL	3.0	2.0	1382	$2,975	$2.15	48d	1	0.80mi
3640 Gull Rd Palm Beach Gardens, FL	3.0	2.0	1382	$2,975	$2.15	103d	1	0.80mi
2103 N Palm Cir North Palm Beach, FL	2.0	2.0	869	$3,200	$3.68	49d	1	0.82mi
11900 Valencia Gardens Ave Palm Beach Gardens, FL	1.0–3.0	1.0–2.0	1105	$2,712	$2.45	0d	19	0.84mi
2031 Pleasant Dr North Palm Beach, FL	3.0	2.0	1441	$4,700	$3.26	87d	1	0.94mi
2031 Pleasant Dr North Palm Beach, FL	3.0	2.0	1441	$4,700	$3.26	11d	1	0.94mi

Listing history 13 events

1. 2026-05-12
   listed $313,000 Active
2. 2025-06-09
   historical $2,575
3. 2025-05-01
   listed $2,575
4. 2025-01-18
   historical $2,950
5. 2025-01-10
   listed $2,950
6. 2024-07-31
   historical $3,100
7. 2024-07-14
   listed $3,100
8. 2024-07-12
   historical $3,100
9. 2024-04-27
   listed $3,100
10. 2023-10-01
    historical $3,250
11. 2023-10-01
    listed $3,250
12. 2016-08-04
    historical
13. 2006-08-10
    listed $365,000

ⓘ 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 5/10 Major FEMA zone X (unshaded) · 21% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥106°F today · 24 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $36,144
• − Mortgage interest: −$17,533
• − Property taxes: −$4,695
• − Insurance: −$1,565
• − Repairs & maintenance: −$2,892
• − Management: −$2,892
• − Depreciation: −$9,105
• Taxable loss: −$2,537
• Est. tax savings @ 24.0%: +$609
• After-tax cash flow: $3,206/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 · 1 photo

Good 75/100 Cosmetic rehab Est. rehab $5,460–$16,380 screening

This single-family home is in good condition with minimal repairs needed. It offers a good investment opportunity with potential for both resale and rental value through cosmetic updates.

Value-add opportunities

• Both Painting the interior walls — Fresh paint can enhance the home's curb appeal and interior aesthetics ↑
• Both Updating the flooring — New flooring can improve the home's appearance and increase its value ↑
• Both Updating the kitchen appliances — Modern appliances can attract more buyers and renters ↑
• Both Upgrading the bathroom fixtures — New fixtures can make the bathrooms more appealing and functional ↑

ⓘ 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.

F Composite school gradezoned avg 42/100

Zoned Schools

Elementary Dwight D. Eisenhower Elementary School C- FL #990/2,144 Nat'l #11,263/41,679 Middle Howell L. Watkins Middle School F FL #512/571 Nat'l #10,204/14,009 High William T. Dwyer High School D- FL #207/667 Nat'l #6,330/17,239

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

C Composite livability gradescore 69/100

Livability — Palm Beach Gardens

• Score: 69/100
• State rank: #464
• US rank: #8366

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Palm Beach Gardens, FL
• County: Palm Beach County · 1,637,487 people
• City population: 96,294
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 36,759
• Household income: $94,530
• Rent vs Own: 27.7% rent · 72.3% own
• Severe rent burden: 12% of renters

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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%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (70%)
• Race & ethnicity: White 70% Hispanic / Latino 15% Two or more races 13% Black 5% Asian 4%
• Hispanic origin (detail): Mexican 2% Puerto Rican 2% Cuban 3%
• Common ancestry: Romanian 4% Lithuanian 3% Slovak 2%
• Foreign-born: 17% · Canada, Jamaica, Vietnam
• Languages at home: 78% English-only · Spanish 13% French/Haitian/Cajun 3% Other Indo-European 2%

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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: ▼ -346.12%
• Current HPI: 375.5381
• Rent YoY: ▲ 2.49%
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

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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

-99.3% since first listed

12 events — show timeline

• 2025-06-09 Rental Removed $2,575 TURBOTENANT
• 2025-05-01 Listed for Rent $2,575 TURBOTENANT
• 2025-01-18 Rental Removed $2,950 LISTANZA
• 2025-01-10 Listed for Rent $2,950 LISTANZA
• 2024-07-31 Rental Removed $3,100 Avail
• 2024-07-14 Listed for Rent $3,100 Avail
• 2024-07-12 Rental Removed $3,100 RMLSFL
• 2024-04-27 Listed for Rent $3,100 RMLSFL
• 2023-10-01 Rental Removed $3,250 RMLSFL
• 2023-10-01 Listed for Rent $3,250 RMLSFL
• 2016-08-04 Listing Removed — Beaches MLS
• 2006-08-10 Listed $365,000 Beaches MLS