700 W 34th St · Riviera Beach, FL 33404

$339,000

3 bd · 2.0 ba · 1,430 sqft · SingleFamily public records · 11 Days on market

Built 1961 7,772 sqft lot Est $448k · 24% under

---

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 +22.3/30.0
• ARV discount +15.0/15.0
• DSCR +7.1/10.0
• 1% rule +5.8/10.0
• Schools +4.3/10.0
• Livability +3.4/5.0
• Condition / age +2.5/5.0
• Rent growth +2.3/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Cozy 4 Bed, 2 Bath CBS Home within walking distance to schools, parks and shopping with no HOA. Cute Updated Kitchen with extra pantry storage. The spacious Master Bedroom with Private Bath, updated Shower and New Bathroom Vanity. House is Freshly Painted and Move-In Ready. The Huge Backyard is great for entertaining. Pluck the mangoes from your mature tree which is also great for shade. The Seller is offering a $4000 Seller contribution to the Buyer with a full priced offer.

Key facts

• 7,772 sq ft lot
• Built 1961
• Listed 11 days

Property features AI

Finance

• Other: Universal property identifier available
• Financial info: No lease restrictions; Homestead exempt
• HOA & community: No HOA/association

Exterior

• Parking: No parking details provided
• Security: No security features listed
• Utilities: Electricity connected; Water connected; Public sewer; Sewer connected; Water source not listed
• Home design: Single family residence; Residential property; One level; Home faces south
• Construction: Block foundation; Block, concrete and stucco construction; Shingle roof; Built with block foundation
• Exterior features: Asphalt road access; Lot approximately 0.18 acres (about 722 m²)

Interior

• Kitchen: Dishwasher; Range; Refrigerator; Electric water heater
• Bedrooms: 4 bedrooms
• Flooring: Ceramic tile; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: No specific interior features listed; Solar energy generation
• Laundry & utility: Washer hookup; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $339k.

Deal economics

• At list price, monthly cash flow is $557 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $339k).

Location & tenants

• Location reads 67/100 on livability (#581 in FL) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, cost of living A-; Watch: employment D, crime F, 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: Lincoln Elementary School (math 31% / reading 29%, grade F, #1,882 of 2,144 statewide, top 88%, 358 students, 84% FRL); John F. Kennedy Middle School (math 28% / reading 29%, grade F, #482 of 571 statewide, top 85%, 826 students, 78% FRL); Palm Beach Gardens High School (math 19% / reading 40%, grade F, #447 of 667 statewide, top 68%, 2,570 students, 61% FRL) — zoned schools average 74% FRL vs 52% district-wide (22 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 29% at this address vs 50% district-wide (-20 pts) — the specific schools serving this property underperform the Palm Beach average; the district grade overstates school quality for this exact location.
• Market conditions: Rents soft (-0.7%/yr); 506 active listings in the ZIP; 37 comparable units currently listed for rent nearby; rentals at typical pace (median 26d 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).
• At $3,652/mo this rent would consume 67% of the median local household income ($65k/yr) (locally 1838% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k 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 11 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 26y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $230k; 47% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: 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 $339,000

Questions for the listing agent

1. Built in 1961 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Crime grade is F 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?
4. 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.
5. 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.
6. 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: 1.08% ✓
• Cap rate: 8.26%
• Cash-on-cash: 7.04%
• DSCR: 1.31
• GRM: 7.7

CMA / ARV

• ARV (on-the-fly): $447,590
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
304 Foresteria Dr	0.70mi	3/2.0	1,312 (-8%)	12mo	$410,000	$313	44

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -8.9%
• Equity multiple: 0.68×
• Total profit: $-30,141
• Equity at exit: $50,546

10-year hold

• IRR: -4.0%
• Equity multiple: 0.77×
• Total profit: $-21,774
• Equity at exit: $29,311

Cash invested: $94,920 (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 33404

• Home prices YoY: -31.1%
• Rents YoY: -0.7%
• Active inventory: 506
• Price-to-rent: 7.7×

Monthly cashflow live

• Estimated rent: $3,652 high
• Mortgage (P&I): −$1,778
• Tax from tax record: −$409 /mo · $4,912/yr
• Insurance: −$141
• HOA: −$0
• Vacancy / Maint / Mgmt: −$767
• Net cashflow: $557

Break-even live

Break-even rent $2,947

Max offer price $339,000

Occupancy floor 80%

Sensitivity live

Price	-10% $748	-5% $652	+0% $557	+5% $461	+10% $365
Rent	-10% $268	-5% $412	+0% $557	+5% $701	+10% $845
Rate	-1.0pp $727	-0.5pp $643	base $557	+0.5pp $469	+1.0pp $379

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: $84,750
• Closing costs: $10,170
• Reserves months: —
• Total cash needed: —

Rent comps 37 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
901 W 37th St Riviera Beach, FL	3.0	1.0	900	$2,895	$3.22	26d	1	0.12mi
815 Silver Beach Rd Lake Park, FL	4.0	3.0	1480	$3,000	$2.03	26d	1	0.26mi
520 W 28th St Riviera Beach, FL	3.0	1.0	1296	$6,000	$4.63	4d	1	0.43mi
855 Date Palm Dr West Palm Beach, FL	3.0	3.0	1216	$3,150	$2.59	26d	1	0.49mi
1389 W 33rd St Riviera Beach, FL	4.0	3.0	1737	$3,000	$1.73	26d	1	0.57mi
111 W 35th St Riviera Beach, FL	4.0	2.0	1600	$3,000	$1.88	13d	1	0.64mi
1400 W 28th St Unit 1 Riviera Beach, FL	4.0	2.0	1100	$3,200	$2.91	26d	1	0.66mi
301 Hawthorne Dr West Palm Beach, FL	3.0	2.0	1402	$3,200	$2.28	26d	1	0.89mi
220 Lake Shore Dr Lake Park, FL	1.0–3.0	1.5–3.5	2134	$25,000	$11.72	0d	19	0.89mi
135 E 28th St Riviera Beach, FL	4.0	2.0	1711	$3,200	$1.87	26d	1	0.96mi
301 Lake Shore Dr #802 West Palm Beach, FL	2.0	2.0	1316	$3,000	$2.28	26d	1	0.97mi
410 Wilma Cir #103 Riviera Beach, FL	2.0	2.0	1056	$4,000	$3.79	16d	1	1.04mi
158 E 23rd St Riviera Beach, FL	2.0	2.0	1110	$2,900	$2.61	23d	1	1.08mi
158 E 23rd St Riviera Beach, FL	2.0	2.0	1110	$2,900	$2.61	26d	1	1.08mi
2016 Avenue S Riviera Beach, FL	4.0	3.0	1128	$3,800	$3.37	26d	1	1.12mi
913 Lake Shore Dr Lake Park, FL	1.0–2.0	1.0–2.0	1066	$3,731	$3.50	1d	10	1.13mi
360 Wilma Cir #7 Riviera Beach, FL	3.0	2.0	1590	$4,500	$2.83	26d	1	1.15mi
65 W 16th St Apt 1 Riviera Beach, FL	4.0	2.0	1200	$3,500	$2.92	9d	1	1.17mi
65 W 16th St Apt 1 Riviera Beach, FL	4.0	2.0	1232	$3,500	$2.84	18d	1	1.17mi
2650 Lake Shore Dr #1001 Riviera Beach, FL	2.0	2.0	1742	$3,800	$2.18	26d	1	1.20mi
2650 Lake Shore Dr #2303 Riviera Beach, FL	3.0	3.0	1537	$4,950	$3.22	26d	1	1.20mi
2650 Lake Shore Dr #804 Riviera Beach, FL	3.0	3.5	1704	$4,500	$2.64	26d	1	1.20mi
2650 Lake Shore Dr #803 Riviera Beach, FL	3.0	3.0	1800	$5,000	$2.78	26d	1	1.20mi
2650 Lake Shore Dr #2403 Riviera Beach, FL	3.0	3.0	1788	$6,000	$3.36	26d	1	1.20mi
2650 Lake Shore Dr #1003 Riviera Beach, FL	3.0	3.0	1788	$4,200	$2.35	26d	1	1.20mi
2650 Lake Shore Dr #1203 Riviera Beach, FL	3.0	3.0	1803	$4,250	$2.36	26d	1	1.20mi
2640 Lake Shore Dr #2312 Riviera Beach, FL	2.0	2.0	1818	$6,500	$3.58	26d	1	1.21mi
2640 Lake Shore Dr #1716 Riviera Beach, FL	3.0	3.0	1538	$9,500	$6.18	26d	1	1.21mi
2640 Lake Shore Dr #711 Riviera Beach, FL	3.0	3.0	1848	$5,500	$2.98	26d	1	1.21mi
2640 Lake Shore Dr Riviera Beach, FL	3.0	3.0	1715	$5,500	$3.21	26d	1	1.22mi
308 Southwind Ct Unit 8 North Palm Beach, FL	2.0	2.0	1100	$2,900	$2.64	26d	1	1.27mi
1060 Lake Shore Dr #201 West Palm Beach, FL	2.0	2.0	1206	$3,850	$3.19	20d	1	1.28mi
1155 Lake Shore Dr #202 West Palm Beach, FL	2.0	2.0	1206	$4,750	$3.94	26d	1	1.33mi
620 Southwind Cir Unit A North Palm Beach, FL	3.0	2.0	1697	$4,200	$2.47	26d	1	1.41mi
624 Southwind Cir Apt 4 North Palm Beach, FL	3.0	2.0	1134	$4,750	$4.19	26d	1	1.42mi
624 Southwind Cir Unit 3 North Palm Beach, FL	3.0	3.0	1316	$5,500	$4.18	26d	1	1.42mi
1401 W 9th St Riviera Beach, FL	3.0	2.0	1304	$3,200	$2.45	26d	1	1.43mi

Listing history 17 events

1. 2026-05-06
   status Pending
2. 2026-04-25
   listed $339,000 Active
3. 2020-12-08
   soldstatus $230,000
4. 2020-11-24
   soldstatus $230,000 Closed 480-char remark

   Show marketing remark (480 chars)

   Cozy 4 Bed, 2 Bath CBS Home within walking distance to schools, parks and shopping with no HOA. Cute Updated Kitchen with extra pantry storage. The spacious Master Bedroom with Private Bath, updated Shower and New Bathroom Vanity. House is Freshly Painted and Move-In Ready. The Huge Backyard is great for entertaining. Pluck the mangoes from your mature tree which is also great for shade. The Seller is offering a $4000 Seller contribution to the Buyer with a full priced offer.

5. 2020-10-05
   historical Active Under Contract 480-char remark

   Show marketing remark (480 chars)

   Cozy 4 Bed, 2 Bath CBS Home within walking distance to schools, parks and shopping with no HOA. Cute Updated Kitchen with extra pantry storage. The spacious Master Bedroom with Private Bath, updated Shower and New Bathroom Vanity. House is Freshly Painted and Move-In Ready. The Huge Backyard is great for entertaining. Pluck the mangoes from your mature tree which is also great for shade. The Seller is offering a $4000 Seller contribution to the Buyer with a full priced offer.

6. 2020-10-01
   listed $220,000 Active 480-char remark

   Show marketing remark (480 chars)

   Cozy 4 Bed, 2 Bath CBS Home within walking distance to schools, parks and shopping with no HOA. Cute Updated Kitchen with extra pantry storage. The spacious Master Bedroom with Private Bath, updated Shower and New Bathroom Vanity. House is Freshly Painted and Move-In Ready. The Huge Backyard is great for entertaining. Pluck the mangoes from your mature tree which is also great for shade. The Seller is offering a $4000 Seller contribution to the Buyer with a full priced offer.

7. 2020-07-28
   historical
8. 2020-05-04
   listed $242,000 Active
9. 2003-04-02
   soldstatus $86,000
10. 2002-10-29
    historical
11. 2002-10-21
    listed $95,000
12. 2001-07-31
    soldstatus $95,000
13. 2000-11-14
    soldstatus $84,000
14. 2000-08-31
    soldstatus $57,500
15. 2000-08-02
    historical
16. 2000-04-10
    listed $60,500
17. 1998-04-10
    soldstatus $48,600

ⓘ 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: $4,912 · $409/mo
• Projected year-2 tax: $4,912 · $409/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 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 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $43,821
• − Mortgage interest: −$18,989
• − Property taxes: −$4,912
• − Insurance: −$1,695
• − Repairs & maintenance: −$3,506
• − Management: −$3,506
• − Depreciation: −$9,862
• Taxable income: $1,352
• Est. tax owed @ 24.0%: −$324
• After-tax cash flow: $6,354/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 — Riviera Beach

• Score: 67/100
• State rank: #581
• US rank: #11060

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Riviera Beach, FL
• County: Palm Beach County · 1,438,312 people
• City population: 30,912
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 30,912
• Household income: $65,063
• Rent vs Own: 40.0% rent · 60.0% own
• Severe rent burden: 1838.0

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: Majority Black (64%)
• Race & ethnicity: Black 64% White 22% Hispanic / Latino 9% Two or more races 8%
• Hispanic origin (detail): Mexican 1% Puerto Rican 1%
• Common ancestry: Hispanic 8% Romanian 1% Italian 1%
• Foreign-born: 21% · Canada, Jamaica
• Languages at home: 82% English-only · Spanish 8% French/Haitian/Cajun 7% Other Indo-European 1%

Political lean MEDSL · Palm Beach

• 2024 margin: Toss-up / Even · D 50.0% · R 49.2%
• 2008→2024 swing: -22.1pp toward R · 2008: 22.9pp · 2024: 0.8pp
• All cycles: 2024: D+0.8 2020: D+12.8 2016: D+15.3 2012: D+17.0 2008: D+22.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -153.74%
• Current HPI: 341.1761
• Rent YoY: ▼ -0.72%
• 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

+597.5% since first listed

17 events — show timeline

• 2026-05-06 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-04-25 Listed $339,000 Stellar MLS as Distributed by MLS Grid
• 2020-12-08 Sold (Public Records) $230,000 Public Records
• 2020-11-24 Sold (MLS) $230,000 Beaches MLS
• 2020-10-05 Contingent — Beaches MLS
• 2020-10-01 Listed $220,000 Beaches MLS
• 2020-07-28 Listing Removed — Beaches MLS
• 2020-05-04 Listed $242,000 Beaches MLS
• 2003-04-02 Sold (Public Records) $86,000 Public Records
• 2002-10-29 Listing Removed — Beaches MLS
• 2002-10-21 Listed $95,000 Beaches MLS
• 2001-07-31 Sold (Public Records) $95,000 Public Records
• 2000-11-14 Sold (Public Records) $84,000 Public Records
• 2000-08-31 Sold (MLS) $57,500 Beaches MLS
• 2000-08-02 Listing Removed — Beaches MLS
• 2000-04-10 Listed $60,500 Beaches MLS
• 1998-04-10 Sold (Public Records) $48,600 Public Records

Property tax history

+11.2%/yr

Latest (2025): $4,912 · +2.3% YoY. Source: county tax records.