8751 Chevy Chase Dr #150 · Boca Raton, 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 1/10 · Minimal
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 9/10 · Severe
- Hot days now (above 107°F)
- 7 days/yr
- Hot days in 30 yrs
- 27 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
- 2 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 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).
- ARV discount +15.0/15.0
- Cash flow +11.1/30.0
- Schools +6.7/10.0
- 1% rule +5.2/10.0
- Condition / age +4.0/5.0
- Livability +3.9/5.0
- DSCR +3.2/10.0
- Rent growth +2.6/5.0
- Appreciation +0.0/10.0
$220,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Location, Location, Location!! Immaculate, 2 Bedroom, 1&1/2 Bath Villa, Walk Only a Few Steps to the Clubhouse, Heated Pool & Tennis!!!Beautiful Spacious Back Yard!! Extremely Well Maintained! Five Closets in Master Bedroom alone! Wall to Wall Unit in Second Bedroom provides Lots of Hanging Closet Space and Storage. Pull down Stairs to Attic!, Washer/Dryer in Unit. Can be purchased with Furniture - Complete Turnkey. Boca Lakes is a 55+ Community, 24hr Manned Gated for Security. 2 Parking Spaces directly in Front of your Villa!! Low Monthly Maintenance! Unbelievable Value in the Heart of Boca!
Key facts
- $586 HOA
- 2 parking spots
- Community pool
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.5-bath condo listed at $220k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-303 ($-4k/yr) — negative.
- To cash-flow at today's rent, offer at most $176k (19.9% below list).
- Meets the 1% rule at list price ($2k rent vs $220k).
- Recommended offer: $176k (19.9% below list) — sets the bar for cash-flow.
- Cap rate 4.6% vs local median 3.3% in Boca Raton — 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 (#192 in FL, #3,070 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, health & safety A+, crime B+; Watch: amenities D, 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: Del Prado Elementary School (math 78% / reading 78%, grade A, #149 of 2,144 statewide, top 8%, 712 students, 26% FRL); Omni Middle School (math 66% / reading 66%, grade A-, #93 of 571 statewide, top 16%, 1,128 students, 29% FRL); Olympic Heights Community High (math 52% / reading 64%, grade C, #120 of 667 statewide, top 18%, 2,602 students, 30% FRL) — zoned schools average 28% FRL vs 52% district-wide (24 pts lower); this property's tenant base skews higher-income than the district average.
- Zoned-school proficiency averages 67% at this address vs 50% district-wide (+18 pts) — the actual schools serving this property are materially stronger than the Palm Beach average implies; a family-tenant draw the district grade alone would hide.
- Market conditions: Rents flat; 593 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 71d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 78% 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).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k 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
- It's been on market 138 days — a 12% lower offer ($194k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts since 9y 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 $90k; list at $220k implies a 144% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: HOA is 26% of rent.
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- 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?
- It's been on market 138 days. Have you received any prior offers? Is the seller open to a 20% concession, seller financing, or rate buy-down credit?
- Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- 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?
- 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 A-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?
- 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 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
- 1.04% ✓
- Cap rate
- 4.64%
- Cash-on-cash
- -5.90%
- DSCR
- 0.74
- GRM
- 8.0
CMA / ARV
- ARV (median comp)
- $267,017
- List price
- $220,000
- Delta
- -17.61%
- Verdict
- UNDERPRICED
- Comps
- 17 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 8666 Bella Vista Dr #111 | 0.06mi | 2/1.0 | 908 (0%) | 0mo | $161,000 | $177 | 95 |
| 8861 Bella Vista Dr | 0.13mi | 2/1.0 | 908 (0%) | 1mo | $165,000 | $182 | 91 |
| 8887 Bella Vista Dr #8887 | 0.16mi | 2/2.0 | 908 (0%) | 0mo | $192,000 | $211 | 90 |
| 8641 W Boca Glades Blvd Blvd W Unit B | 0.26mi | 3/2.0 (+1) | 1,098 (+21%) | 1mo | $315,000 | $287 | 55 |
| 2066 Exeter D | 1.45mi | 2/1.5 | 861 (-5%) | 4mo | $90,000 | $105 | 54 |
| 2052 Exeter C #2052 | 1.45mi | 2/1.5 | 861 (-5%) | 4mo | $85,000 | $99 | 53 |
| 101 Dorset C | 1.12mi | 2/1.5 | 840 (-8%) | 1mo | $140,000 | $167 | 51 |
| 8553 Boca Glades Blvd Unit G | 0.38mi | 3/2.0 (+1) | 1,098 (+21%) | 1mo | $306,000 | $279 | 49 |
| 7786 Lakeside Blvd #653 | 1.27mi | 2/2.0 | 1,050 (+16%) | 2mo | $190,000 | $181 | 37 |
| 297 Dorset H | 1.13mi | 1/1.5 (-1) | 720 (-21%) | 1mo | $65,000 | $90 | 34 |
| 622 Fanshaw O #622 | 1.39mi | 1/1.5 (-1) | 702 (-23%) | 1mo | $65,000 | $93 | 34 |
| 1736 Bridgewood Dr | 1.23mi | 2/2.0 | 1,050 (+16%) | 5mo | $145,000 | $138 | 34 |
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 · 0.33% rent growth · sell at horizon
- IRR
- -30.7%
- Equity multiple
- 0.02×
- Total profit
- $-60,519
- Equity at exit
- $32,803
- IRR
- -60.9%
- Equity multiple
- -0.61×
- Total profit
- $-99,173
- Equity at exit
- $19,022
Cash invested: $61,600 (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
Active competition Active MLS
- For sale now
- 1 active · 3 under contract
- Median asking
- $279,000 ($247/sqft)
- Median days on market
- 118 d
- This list price
- lowest-priced of the active set
- ARV vs active asking
- +18.9% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 33433
- Rents YoY
- 0.3%
- Active inventory
- 593
- Price-to-rent
- 8.0×
Monthly cashflow live
- Estimated rent
- $2,283 high interval (Pro) →
- Mortgage (P&I)
- −$1,154
- Tax est. 1.5%
- −$275 /mo · $3,300/yr
- Insurance
- −$92
- HOA
- −$586
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$479
- Net cashflow
- $-303
Break-even live
Sensitivity live
| Price | -10% $-151 | -5% $-227 | +0% $-303 | +5% $-379 | +10% $-455 |
|---|---|---|---|---|---|
| Rent | -10% $-483 | -5% $-393 | +0% $-303 | +5% $-213 | +10% $-123 |
| Rate | -1.0pp $-192 | -0.5pp $-247 | base $-303 | +0.5pp $-360 | +1.0pp $-418 |
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
- $55,000
- Closing costs
- $6,600
- 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 |
|---|---|---|---|---|---|---|---|---|
| 8857 Bella Vista Dr #286 Boca Raton, FL | 2.0 | 2.0 | 908 | $2,000 | $2.20 | 48d | 1 | 0.05mi |
| 20867 Wendall Ter Boca Raton, FL | 2.0 | 1.5 | 908 | $1,800 | $1.98 | 120d | 1 | 0.05mi |
| 8757 Bella Vista Dr #34 Boca Raton, FL | 2.0 | 1.5 | 908 | $1,995 | $2.20 | 36d | 1 | 0.05mi |
| 8732 Bella Vista Dr #42 Boca Raton, FL | 2.0 | 2.0 | 908 | $1,900 | $2.09 | 120d | 1 | 0.06mi |
| 8838 Bella Vista Dr Boca Raton, FL | 1.0 | 1.0 | 908 | $1,950 | $2.15 | 34d | 1 | 0.07mi |
| 8833 Bella Vista Dr #8833 Boca Raton, FL | 2.0 | 2.0 | 908 | $3,250 | $3.58 | 120d | 1 | 0.09mi |
| 20834 Sedgewick Dr Boca Raton, FL | 2.0 | 2.0 | 908 | $2,350 | $2.59 | 39d | 1 | 0.17mi |
| 8584 Bella Vista Dr Boca Raton, FL | 2.0 | 1.0 | 908 | $1,900 | $2.09 | 70d | 1 | 0.18mi |
| 20927 Sedgewick Dr Unit 20927 Boca Raton, FL | 2.0 | 1.0 | 908 | $1,950 | $2.15 | 120d | 1 | 0.19mi |
| 20927 Sedgewick Dr Unit 20927 Boca Raton, FL | 2.0 | 1.0 | 908 | $1,950 | $2.15 | 20d | 1 | 0.19mi |
| 8540 Chevy Chase Dr Unit 8540 Boca Raton, FL | 1.0 | 1.0 | 908 | $2,000 | $2.20 | 120d | 1 | 0.24mi |
| 8657 Boca Glades Blvd W Unit C Boca Raton, FL | 3.0 | 2.0 | 1098 | $3,550 | $3.23 | 85d | 1 | 0.24mi |
| 8657 Boca Glades Blvd Boca Raton, FL | 3.0 | 2.0 | 1098 | $3,300 | $3.01 | 39d | 1 | 0.24mi |
| 8341 Boca Glades Blvd E Boca Raton, FL | 2.0 | 2.0 | 975 | $2,400 | $2.46 | 6d | 1 | 0.59mi |
| 20940 Uptown Ave Boca Raton, FL | 1.0–4.0 | 1.0–3.0 | 1227 | $3,326 | $2.71 | 0d | 27 | 0.90mi |
| 117 Brighton Dr Unit 117 Boca Raton, FL | 2.0 | 1.5 | 840 | $2,500 | $2.98 | 120d | 1 | 1.08mi |
| 117 Brighton Dr Unit 117 Boca Raton, FL | 2.0 | 1.5 | 840 | $2,000 | $2.38 | 72d | 1 | 1.08mi |
| 22 Dorset Dr Unit 22 Boca Raton, FL | 1.0 | 1.0 | 600 | $1,500 | $2.50 | 4d | 1 | 1.09mi |
| 293 Brighton G Boca Raton, FL | 2.0 | 1.5 | 840 | $1,700 | $2.02 | 0d | 1 | 1.11mi |
| 266 Brighton G Boca Raton, FL | 2.0 | 1.5 | 840 | $1,600 | $1.90 | 12d | 1 | 1.12mi |
| 119 Dorset Dr Unit 119 Boca Raton, FL | 1.0 | 1.0 | 600 | $1,400 | $2.33 | 120d | 1 | 1.13mi |
| 125 Dorset C Boca Raton, FL | 2.0 | 1.5 | 840 | $1,450 | $1.73 | 77d | 1 | 1.13mi |
| 45 Dorset B Boca Raton, FL | 2.0 | 1.5 | 840 | $1,650 | $1.96 | 20d | 1 | 1.14mi |
| 57 Dorset B Boca Raton, FL | 2.0 | 1.5 | 840 | $1,600 | $1.90 | 120d | 1 | 1.14mi |
| 119 Dorset C Boca Raton, FL | 1.0 | 1.0 | 600 | $1,400 | $2.33 | 68d | 1 | 1.15mi |
| 9599 Stones River Park Way Boca Raton, FL | 3.0 | 2.0 | 1124 | $3,195 | $2.84 | 33d | 1 | 1.15mi |
| 82 Fanshaw Dr Unit 82 Boca Raton, FL | 1.0 | 1.5 | 702 | $1,250 | $1.78 | 120d | 1 | 1.16mi |
| 82 Fanshaw Dr Unit 82 Boca Raton, FL | 1.0 | 1.5 | 702 | $1,100 | $1.57 | 60d | 1 | 1.16mi |
| 9554 Biscayne Park Ct Unit 9554 Boca Raton, FL | 3.0 | 2.0 | 1112 | $3,200 | $2.88 | 50d | 1 | 1.17mi |
| 186 Dorset E Boca Raton, FL | 2.0 | 1.5 | 835 | $1,490 | $1.78 | 75d | 1 | 1.18mi |
| 16 Dorset a Boca Raton, FL | 1.0 | 1.5 | 720 | $1,450 | $2.01 | 75d | 1 | 1.18mi |
| 16 Dorset a Boca Raton, FL | 1.0 | 1.5 | 720 | $1,390 | $1.93 | 72d | 1 | 1.18mi |
| 364 Dorset I Unit 364 Boca Raton, FL | 2.0 | 1.5 | 840 | $3,350 | $3.99 | 82d | 1 | 1.18mi |
| 52 Dorset B Boca Raton, FL | 2.0 | 1.5 | 840 | $1,575 | $1.88 | 115d | 1 | 1.18mi |
| 170 Dorset E Boca Raton, FL | 2.0 | 1.5 | 835 | $1,395 | $1.67 | 68d | 1 | 1.18mi |
| 28 Brighton Dr Unit 28 Boca Raton, FL | 2.0 | 1.5 | 840 | $2,500 | $2.98 | 8d | 1 | 1.19mi |
| 12 Brighton Dr Unit 12 Boca Raton, FL | 1.0 | 1.5 | 720 | $1,450 | $2.01 | 42d | 1 | 1.19mi |
| 22 Brighton Dr Unit 22 Boca Raton, FL | 1.0 | 1.0 | 600 | $1,300 | $2.17 | 103d | 1 | 1.19mi |
| 67 Fanshaw Dr Unit 670 Boca Raton, FL | 2.0 | 1.5 | 835 | $1,750 | $2.10 | 111d | 1 | 1.19mi |
| 165 Brighton Dr Unit 165 Boca Raton, FL | 2.0 | 1.5 | 840 | $1,800 | $2.14 | 28d | 1 | 1.20mi |
Property features AI
Finance
- Other
- Senior community
- Financial info
- Pets allowed with breed restrictionsNot on land lease
- HOA & community
- Has associationMonthly HOA fee (payable monthly)Association amenities: clubhouse, jogging path, pool, shuffleboard court, community roomHOA covers insurance, grounds maintenance, trash, water, common areas, roof repairs, recreation facility, and pool service
Exterior
- Parking
- Assigned parking (2 total spaces)
- Security
- Security guardSecurity fence
- Utilities
- Public waterPublic sewerUtilities: other
- Home design
- CondominiumSingle-story (1 story)First-floor entrySouth-facing
- Construction
- Block/CBS constructionShingle roofBuilt using public records information
- Exterior features
- Open patio and open porchFenced
Interior
- Kitchen
- Electric rangeMicrowaveRefrigerator
- Bedrooms
- 2 bedrooms on the main level
- Flooring
- Tile
- Bathrooms
- 1 full bathroom1 half bathroom
- Heating & cooling
- Central electric heatingCentral air conditioning (electric)
- Interior features
- Updated/remodeled condominiumUnfurnishedTile flooringElectric range, microwave, refrigerator
- Laundry & utility
- Laundry: other (community or shared laundry implied)
HOA detail $586/mo · $7,032/yr condo
- Likely covers
- poolsecurity
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-09-23days on market $220,000 Active 138 DOM
-
2026-09-22days on market $220,000 Active 137 DOM
-
2026-09-21days on market $220,000 Active 136 DOM
-
2026-09-20days on market $220,000 Active 135 DOM
-
2026-09-18days on market $220,000 Active 133 DOM
-
2026-09-17days on market $220,000 Active 132 DOM
-
2026-09-16days on market $220,000 Active 131 DOM
-
2026-09-15days on market $220,000 Active 130 DOM
-
2026-09-13days on market $220,000 Active 128 DOM
-
2026-09-12days on market $220,000 Active 127 DOM
-
2026-09-11days on market $220,000 Active 126 DOM
-
2026-09-05days on market $220,000 Active 120 DOM
-
2026-09-04days on market $220,000 Active 119 DOM
-
2026-09-03days on market $220,000 Active 118 DOM
-
2026-08-31days on market $220,000 Active 115 DOM
-
2026-08-29days on market $220,000 Active 113 DOM
-
2026-08-28days on market $220,000 Active 112 DOM
-
2026-08-27days on market $220,000 Active 111 DOM
-
2026-08-25days on market $220,000 Active 109 DOM
-
2026-08-24days on market $220,000 Active 108 DOM
-
2026-08-23days on market $220,000 Active 107 DOM
-
2026-08-22days on market $220,000 Active 106 DOM
-
2026-08-21days on market $220,000 Active 105 DOM
-
2026-08-20days on market $220,000 Active 104 DOM
-
2026-08-19days on market $220,000 Active 103 DOM
-
2026-08-18days on market $220,000 Active 102 DOM
-
2026-08-17days on market $220,000 Active 101 DOM
-
2026-08-16days on market $220,000 Active 100 DOM
-
2026-08-15days on market $220,000 Active 99 DOM
-
2026-08-14days on market $220,000 Active 98 DOM
-
2026-08-13days on market $220,000 Active 97 DOM
-
2026-08-12days on market $220,000 Active 96 DOM
-
2026-08-11days on market $220,000 Active 95 DOM
-
2026-08-10days on market $220,000 Active 94 DOM
-
2026-08-09days on market $220,000 Active 93 DOM
-
2026-08-08days on market $220,000 Active 92 DOM
-
2026-08-06days on market $220,000 Active 90 DOM
-
2026-08-05days on market $220,000 Active 89 DOM
-
2026-08-03days on market $220,000 Active 87 DOM
-
2026-07-31days on market $220,000 Active 84 DOM
-
2026-07-26days on market $220,000 Active 79 DOM
-
2026-07-24days on market $220,000 Active 77 DOM
-
2026-07-23days on market $220,000 Active 76 DOM
-
2026-07-22days on market $220,000 Active 75 DOM
-
2026-07-21days on market $220,000 Active 74 DOM
-
2026-07-20days on market $220,000 Active 73 DOM
-
2026-07-18days on market $220,000 Active 71 DOM
-
2026-07-18days on market $220,000 Active 70 DOM
-
2026-07-16days on market $220,000 Active 69 DOM
-
2026-07-15days on market $220,000 Active 68 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 1/10 Low
- Heat 9/10 Extreme 7 d/yr ≥107°F today · 27 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
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Taxation est. · year 1
- Rental income
- $27,395
- − Mortgage interest
- −$12,323
- − Property taxes
- −$3,300
- − Insurance
- −$1,100
- − Repairs & maintenance
- −$2,192
- − Management
- −$2,192
- − HOA
- −$7,032
- − Depreciation
- −$6,400
- Taxable loss
- −$7,144
- Est. tax savings @ 24.0%
- +$1,715
- After-tax cash flow
- $-1,920/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
This well-maintained and updated condo is ready for immediate occupancy and can be easily enhanced with minor exterior and landscaping improvements to boost its resale value.
Value-add opportunities
- Resale Paint the exterior siding — Fresh paint can significantly improve curb appeal and home value ↑
- Resale Landscaping improvements — A well-maintained yard can enhance the home's overall appearance and value ↑
- Rental HVAC maintenance — A clean and efficient HVAC system can attract tenants and reduce utility costs ↑
ⓘ 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.
Zoned Schools
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 — Boca Raton
- Score
- 77/100
- State rank
- #192
- US rank
- #3070
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Palm Beach County · 1,637,487 people
- City population
- 250,102
- Metro
- Miami-Fort Lauderdale-Pompano Beach, FL
- Population (ZIP)
- 47,005
- Household income
- $84,091
- Rent vs Own
- Severe rent burden
- 9% 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 (68%)
- Race & ethnicity
- White 68% Hispanic / Latino 18% Two or more races 15% Asian 4% Black 2%
- Hispanic origin (detail)
- Mexican 1% Puerto Rican 2% Cuban 2% Dominican 1%
- Common ancestry
- Romanian 6% Scotch-Irish 5% Russian 3%
- Foreign-born
- 27% · Canada, Jamaica, China
- Languages at home
- 65% English-only · Spanish 15% Other Indo-European 10% Russian/Polish/Slavic 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
- ▼ -227.85%
- Current HPI
- 306.738
- Rent YoY
- ▲ 0.33%
- 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
+83.5% since first listed11 events — show timeline
- 2026-06-25 Price Changed $220,000 Beaches MLS
- 2026-05-07 Listed $230,000 Beaches MLS
- 2026-04-30 Listing Removed — Beaches MLS
- 2026-03-28 Price Changed $230,000 Beaches MLS
- 2025-08-07 Listed $250,000 Beaches MLS
- 2017-05-18 Sold (MLS) $90,000 Beaches MLS
- 2017-04-26 Pending — Beaches MLS
- 2017-04-11 Price Changed $99,900 Beaches MLS
- 2017-03-15 Price Changed $109,900 Beaches MLS
- 2017-02-23 Price Changed $114,900 Beaches MLS
- 2017-01-30 Listed $119,900 Beaches MLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…