9589 Shadybrook Dr #201 · Golf, FL 33437

$239,000

3 bd · 2.0 ba · 1,822 sqft · Condo public records · 23 Days on market

Built 1996 $933/mo HOA · 26% 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 +19.2/30.0
• 1% rule +9.8/10.0
• ARV discount +7.5/15.0
• DSCR +6.1/10.0
• Appreciation +4.9/10.0
• Schools +4.3/10.0
• Livability +3.2/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Hurry FAST to see this second floor penthouse lake view condo in the West Boynton Beach popular Palm Isles community. This two bedroom plus den and two bath home features its own private elevator. Bright and airy with high ceilings and lots of natural lighting, the view from this home is one of the nicest in all of Palm Isles! Imagine yourself enjoying your morning cup of coffee while gazing at the gorgeous lake view from your private enclosed balcony. The AC was replaced in 2015 and entire condo was painted one year ago. Loving care and pride of ownership is evident in every corner. Located in walking distance to the clubhouse and priced to sell. This lovely home is being sold turnkey with the exception of some personal items. This home features a private first floor entry with security intercom system and remote door opener. Ceramic tiled private foyer entrance leads to your private elevator and interior carpeted staircase. Vaulted ceilings in living areas, dining area, kitchen and breakfast areas. Lots of storage and closets throughout. The eat-in kitchen features track lighting, a gourmet double compartment sink, pantry and convenient pass through to the formal dining area. Split bedroom floor plan with private hallway to master suite. Oversized, custom fitted air-conditioned walk-in closet with mirrored by-pass doors in master suite. Twin cultured marble sinks and counter top with make-up vanity and drawer in master bath. Heat lamp with separate switch in master bath. Separate air conditioned laundry room. Private storage room near front entry. Accordion shutters on sliding glass doors. Built by Oriole Homes, Palm Isles has a multi-million dollar clubhouse and recreational complex featuring a Theatre for the Performing Arts, Multi-Purpose Grand Party Room, Cards, Ceramics and Arts & Crafts Rooms, Game Room, Billiards, Separate Men's and Women's Exercise Spas, Eight Tennis Courts, Shuffleboard Courts, Indoor and Outdoor Pools, Satellite Pools within the Community, and beautiful separate Restaurant serving breakfast and lunch. Convenient easy access to the Florida Turnpike and I-95. Close to the new Bethesda West Hospital, Canyon Town Center and a short drive to the new Delray Marketplace. Motivated seller and move-in condition! Do not delay. Your Palm Beach County oasis awaits you.

Key facts

• Top floor penthouse
• Resort style pool
• Screened balcony

Tags

• TOP FLOOR PENTHOUSE
• EXPANSIVE LONG LAKE VIEWS
• SCREENED BALCONY
• PRIVATE ELEVATOR
• GUARD GATED COMMUNITY
• RESORT STYLE POOL

Property features AI

Finance

• Financial info: Pets allowed (pet restrictions possible)
• HOA & community: Association: Palm Isles; Monthly HOA fee (payable monthly); HOA covers cable TV, insurance, grounds maintenance, security, sewer, water, common areas, and common real estate tax; Community amenities include clubhouse, fitness center, indoor pool, outdoor pool, spa/hot tub, sauna, tennis courts, shuffleboard court, billiard and game rooms, library, jogging path, sidewalks, street lights, elevator(s), manager on site

Exterior

• Parking: Assigned parking; Detached carport (1 covered carport space); Guest parking
• Security: Gated community with guard; Security system (owned); Security patrol; Closed-circuit cameras; Smoke detectors
• Utilities: Public water; Public sewer; Three-phase electric; Cable available
• Home design: Condominium; Multi/split levels; East facing
• Construction: Stucco/CBS construction; Concrete and tile roof; 2-story building
• Exterior features: Screened patio; Patio; Waterfront

Interior

• Kitchen: Dishwasher; Electric range; Microwave; Refrigerator; Garbage disposal; Electric water heater
• Bedrooms: 2 bedrooms on the main level
• Flooring: Carpet; Ceramic tile
• Bathrooms: 2 full bathrooms on the main level
• Heating & cooling: Central heating (electric); Central air conditioning (electric) with ceiling fans
• Interior features: Cathedral and vaulted ceilings with high ceilings and an entrance foyer; Split bedroom layout; Upstairs living area; Walk-in closet(s); Blinds on windows; Furnished
• Laundry & utility: Laundry room with inside washer and dryer hookups (electric dryer hookup)

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath condo listed at $239k.

Deal economics

• At list price, monthly cash flow is $260 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $239k).
• Recommended offer: $235k (1.5% below list) — sets the bar for market timing.

Location & tenants

• Location reads 63/100 on livability (#703 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: Crystal Lakes Elementary School (math 55% / reading 64%, grade B-, #690 of 2,144 statewide, top 34%, 788 students, 37% FRL); Park Vista Community High School (math 43% / reading 64%, grade C-, #146 of 667 statewide, top 22%, 3,191 students, 28% FRL) — zoned schools average 33% FRL vs 52% district-wide (19 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: Rents rising (+1.3%/yr); 479 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 3,974 units permitted in Palm Beach County in 2024 (1,012 in 5+ unit buildings).
• At $3,531/mo this rent would consume 52% of the median local household income ($81k/yr) (locally 902% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $1k of equity ($2k loan paydown + $-578 appreciation (-0.2% local appreciation)).
• 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 23 days — a 2% lower offer ($235k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 10y 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 $203k; 18% above their basis — modest negotiation headroom, anchor on the comps not their cost.

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→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $235,415 (1.5% below list)

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
2. 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?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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 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: 1.48% ✓
• Cap rate: 7.60%
• Cash-on-cash: 4.66%
• DSCR: 1.21
• GRM: 5.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-0.24% appreciation · 1.28% rent growth · sell at horizon

5-year hold

• IRR: 0.5%
• Equity multiple: 1.02×
• Total profit: $1,452
• Equity at exit: $66,524

10-year hold

• IRR: 4.5%
• Equity multiple: 1.44×
• Total profit: $29,519
• Equity at exit: $77,706

Cash invested: $66,920 (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 33437

• Home prices YoY: -0.1%
• Rents YoY: 1.3%
• Active inventory: 479
• Price-to-rent: 5.6×

Monthly cashflow live

• Estimated rent: $3,531 high
• Mortgage (P&I): −$1,253
• Tax from tax record: −$243 /mo · $2,918/yr
• Insurance: −$100
• HOA: −$933
• Vacancy / Maint / Mgmt: −$741
• Net cashflow: $260

Break-even live

Break-even rent $3,201

Max offer price $239,000

Occupancy floor 88%

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: $59,750
• Closing costs: $7,170
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
9650 Harbour Lake Cir Boynton Beach, FL	3.0	2.0	1937	$2,975	$1.54	24d	1	0.20mi
7891 Sailing Shores Ter Unit 7891 Boynton Beach, FL	3.0	2.0	2011	$3,000	$1.49	7d	1	0.24mi
7891 Sailing Shores Ter Boynton Beach, FL	3.0	2.0	2011	$3,400	$1.69	16d	1	0.24mi
7192 Summer Tree Dr Boynton Beach, FL	2.0	2.0	1722	$3,000	$1.74	24d	1	0.35mi
7275 Summer Tree Dr Boynton Beach, FL	2.0	2.0	1722	$4,300	$2.50	24d	1	0.47mi
10206 Stonehenge Cir Boynton Beach, FL	1.0–3.0	1.0–2.0	1054	$2,825	$2.68	2d	13	0.60mi
9336 Water Course Way Boynton Beach, FL	3.0	2.0	1779	$3,600	$2.02	21d	1	0.65mi
9336 Water Course Way Boynton Beach, FL	3.0	2.0	1779	$3,600	$2.02	24d	1	0.65mi
7577 Caprio Dr Boynton Beach, FL	3.0	2.0	1884	$3,200	$1.70	13d	1	0.72mi
7577 Caprio Dr Boynton Beach, FL	3.0	2.0	1884	$3,200	$1.70	3d	1	0.72mi
8884 Shoal Creek Ln Boynton Beach, FL	3.0	2.0	1936	$4,900	$2.53	24d	1	0.82mi
8884 Shoal Creek Ln Boynton Beach, FL	3.0	2.0	1936	$5,000	$2.58	10d	1	0.82mi
9926 Watermill Cir Unit F Boynton Beach, FL	3.0	2.0	1471	$2,400	$1.63	24d	1	0.87mi
6165 Country Fair Cir Boynton Beach, FL	3.0	2.5	1656	$3,200	$1.93	24d	1	0.91mi
9121 Paragon Way Boynton Beach, FL	4.0	2.0	2154	$4,950	$2.30	24d	1	0.94mi
6039 Sunberry Cir Boynton Beach, FL	4.0	2.0	2149	$3,650	$1.70	5d	1	0.97mi
10390 Utopia Cir E Unit 10390 Boynton Beach, FL	3.0	2.0	1845	$4,200	$2.28	24d	1	1.03mi
10390 Utopia Cir E Unit E Boynton Beach, FL	3.0	2.0	1845	$4,200	$2.28	2d	1	1.03mi
6365 Lansdowne Cir Boynton Beach, FL	3.0	2.0	1769	$3,200	$1.81	2d	1	1.03mi
7832 Rockford Rd Boynton Beach, FL	3.0	2.0	1598	$3,800	$2.38	21d	1	1.03mi
6731 Southport Dr Boynton Beach, FL	3.0	2.0	1727	$3,600	$2.08	24d	1	1.04mi
7725 Rockford Rd Boynton Beach, FL	3.0	2.5	2249	$10,000	$4.45	2d	1	1.06mi
9629 El Clair Ranch Rd Boynton Beach, FL	4.0	2.0	2231	$4,800	$2.15	24d	1	1.14mi
6396 Park Lake Cir Boynton Beach, FL	3.0	2.5	1422	$2,950	$2.07	14d	1	1.15mi
9284 Laurel Green Dr Boynton Beach, FL	3.0	2.0	2302	$4,300	$1.87	21d	1	1.17mi
9284 Laurel Green Dr Boynton Beach, FL	3.0	2.0	2302	$4,200	$1.82	1d	1	1.17mi
9284 Laurel Green Dr Boynton Beach, FL	3.0	2.0	2302	$4,200	$1.82	10d	1	1.17mi
7933 Venture Center Way Boynton Beach, FL	1.0–3.0	1.0–2.0	1120	$2,921	$2.61	1d	16	1.17mi
6037 Rossmoor Lakes Ct Boynton Beach, FL	3.0	2.0	1617	$4,700	$2.91	24d	1	1.21mi
7936 Rockford Rd Boynton Beach, FL	3.0	2.0	1871	$9,000	$4.81	21d	1	1.22mi
9654 Sun Pointe Dr Boynton Beach, FL	4.0	2.0	2142	$4,400	$2.05	24d	1	1.22mi
5895 Autumn Lake Ln Unit A Boynton Beach, FL	3.0	2.0	1469	$2,600	$1.77	24d	1	1.23mi
7975 Rockford Rd Boynton Beach, FL	2.0	2.0	1720	$3,700	$2.15	24d	1	1.25mi
9565 El Clair Ranch Rd Boynton Beach, FL	3.0	2.0	1867	$3,500	$1.87	7d	1	1.27mi
9565 El Clair Ranch Rd Boynton Beach, FL	3.0	2.0	1867	$3,500	$1.87	20d	1	1.27mi
6143 Windlass Cir Boynton Beach, FL	4.0	2.5	2245	$4,200	$1.87	18d	1	1.28mi
9215 Sun Pointe Dr Boynton Beach, FL	4.0	2.0	2142	$4,650	$2.17	10d	1	1.28mi
9215 Sun Pointe Dr Boynton Beach, FL	4.0	2.0	2142	$4,650	$2.17	24d	1	1.28mi
7821 Dorchester Rd Boynton Beach, FL	3.0	3.0	2325	$11,000	$4.73	24d	1	1.30mi
8082 Aberdeen Dr #102 Boynton Beach, FL	2.0	2.0	1619	$8,500	$5.25	24d	1	1.32mi

HOA detail condo

• Monthly dues: $933 · $11,196/yr
• Likely covers: poolsecurity
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 19 events

1. 2026-06-18
   days on market $239,000 Active 23 DOM
2. 2026-06-17
   days on market $239,000 Active 22 DOM
3. 2026-06-16
   days on market $239,000 Active 21 DOM
4. 2026-06-15
   days on market $239,000 Active 20 DOM
5. 2026-06-13
   pricedays on market $239,000 Active 18 DOM
6. 2026-06-09
   days on market $248,000 Active 14 DOM
7. 2026-06-08
   days on market $248,000 Active 13 DOM
8. 2026-06-07
   days on market $248,000 Active 12 DOM
9. 2026-06-04
   days on market $248,000 Active 9 DOM
10. 2026-06-03
    days on market $248,000 Active 8 DOM
11. 2026-06-02
    days on market $248,000 Active 7 DOM
12. 2026-06-01
    days on market $248,000 Active 6 DOM
13. 2026-05-31
    days on market $248,000 Active 5 DOM
14. 2026-05-26
    listed $248,000 Active
15. 2016-12-22
    soldstatus $203,000
16. 2016-12-20
    soldstatus $203,000 Closed 2335-char remark

    Show marketing remark (2335 chars)

    Hurry FAST to see this second floor penthouse lake view condo in the West Boynton Beach popular Palm Isles community. This two bedroom plus den and two bath home features its own private elevator. Bright and airy with high ceilings and lots of natural lighting, the view from this home is one of the nicest in all of Palm Isles! Imagine yourself enjoying your morning cup of coffee while gazing at the gorgeous lake view from your private enclosed balcony. The AC was replaced in 2015 and entire condo was painted one year ago. Loving care and pride of ownership is evident in every corner. Located in walking distance to the clubhouse and priced to sell. This lovely home is being sold turnkey with the exception of some personal items. This home features a private first floor entry with security intercom system and remote door opener. Ceramic tiled private foyer entrance leads to your private elevator and interior carpeted staircase. Vaulted ceilings in living areas, dining area, kitchen and breakfast areas. Lots of storage and closets throughout. The eat-in kitchen features track lighting, a gourmet double compartment sink, pantry and convenient pass through to the formal dining area. Split bedroom floor plan with private hallway to master suite. Oversized, custom fitted air-conditioned walk-in closet with mirrored by-pass doors in master suite. Twin cultured marble sinks and counter top with make-up vanity and drawer in master bath. Heat lamp with separate switch in master bath. Separate air conditioned laundry room. Private storage room near front entry. Accordion shutters on sliding glass doors. Built by Oriole Homes, Palm Isles has a multi-million dollar clubhouse and recreational complex featuring a Theatre for the Performing Arts, Multi-Purpose Grand Party Room, Cards, Ceramics and Arts & Crafts Rooms, Game Room, Billiards, Separate Men's and Women's Exercise Spas, Eight Tennis Courts, Shuffleboard Courts, Indoor and Outdoor Pools, Satellite Pools within the Community, and beautiful separate Restaurant serving breakfast and lunch. Convenient easy access to the Florida Turnpike and I-95. Close to the new Bethesda West Hospital, Canyon Town Center and a short drive to the new Delray Marketplace. Motivated seller and move-in condition! Do not delay. Your Palm Beach County oasis awaits you.

17. 2016-12-06
    historical Contingent 2335-char remark

    Show marketing remark (2335 chars)

    Hurry FAST to see this second floor penthouse lake view condo in the West Boynton Beach popular Palm Isles community. This two bedroom plus den and two bath home features its own private elevator. Bright and airy with high ceilings and lots of natural lighting, the view from this home is one of the nicest in all of Palm Isles! Imagine yourself enjoying your morning cup of coffee while gazing at the gorgeous lake view from your private enclosed balcony. The AC was replaced in 2015 and entire condo was painted one year ago. Loving care and pride of ownership is evident in every corner. Located in walking distance to the clubhouse and priced to sell. This lovely home is being sold turnkey with the exception of some personal items. This home features a private first floor entry with security intercom system and remote door opener. Ceramic tiled private foyer entrance leads to your private elevator and interior carpeted staircase. Vaulted ceilings in living areas, dining area, kitchen and breakfast areas. Lots of storage and closets throughout. The eat-in kitchen features track lighting, a gourmet double compartment sink, pantry and convenient pass through to the formal dining area. Split bedroom floor plan with private hallway to master suite. Oversized, custom fitted air-conditioned walk-in closet with mirrored by-pass doors in master suite. Twin cultured marble sinks and counter top with make-up vanity and drawer in master bath. Heat lamp with separate switch in master bath. Separate air conditioned laundry room. Private storage room near front entry. Accordion shutters on sliding glass doors. Built by Oriole Homes, Palm Isles has a multi-million dollar clubhouse and recreational complex featuring a Theatre for the Performing Arts, Multi-Purpose Grand Party Room, Cards, Ceramics and Arts & Crafts Rooms, Game Room, Billiards, Separate Men's and Women's Exercise Spas, Eight Tennis Courts, Shuffleboard Courts, Indoor and Outdoor Pools, Satellite Pools within the Community, and beautiful separate Restaurant serving breakfast and lunch. Convenient easy access to the Florida Turnpike and I-95. Close to the new Bethesda West Hospital, Canyon Town Center and a short drive to the new Delray Marketplace. Motivated seller and move-in condition! Do not delay. Your Palm Beach County oasis awaits you.

18. 2016-10-28
    price $218,000 2335-char remark

    Show marketing remark (2335 chars)

    Hurry FAST to see this second floor penthouse lake view condo in the West Boynton Beach popular Palm Isles community. This two bedroom plus den and two bath home features its own private elevator. Bright and airy with high ceilings and lots of natural lighting, the view from this home is one of the nicest in all of Palm Isles! Imagine yourself enjoying your morning cup of coffee while gazing at the gorgeous lake view from your private enclosed balcony. The AC was replaced in 2015 and entire condo was painted one year ago. Loving care and pride of ownership is evident in every corner. Located in walking distance to the clubhouse and priced to sell. This lovely home is being sold turnkey with the exception of some personal items. This home features a private first floor entry with security intercom system and remote door opener. Ceramic tiled private foyer entrance leads to your private elevator and interior carpeted staircase. Vaulted ceilings in living areas, dining area, kitchen and breakfast areas. Lots of storage and closets throughout. The eat-in kitchen features track lighting, a gourmet double compartment sink, pantry and convenient pass through to the formal dining area. Split bedroom floor plan with private hallway to master suite. Oversized, custom fitted air-conditioned walk-in closet with mirrored by-pass doors in master suite. Twin cultured marble sinks and counter top with make-up vanity and drawer in master bath. Heat lamp with separate switch in master bath. Separate air conditioned laundry room. Private storage room near front entry. Accordion shutters on sliding glass doors. Built by Oriole Homes, Palm Isles has a multi-million dollar clubhouse and recreational complex featuring a Theatre for the Performing Arts, Multi-Purpose Grand Party Room, Cards, Ceramics and Arts & Crafts Rooms, Game Room, Billiards, Separate Men's and Women's Exercise Spas, Eight Tennis Courts, Shuffleboard Courts, Indoor and Outdoor Pools, Satellite Pools within the Community, and beautiful separate Restaurant serving breakfast and lunch. Convenient easy access to the Florida Turnpike and I-95. Close to the new Bethesda West Hospital, Canyon Town Center and a short drive to the new Delray Marketplace. Motivated seller and move-in condition! Do not delay. Your Palm Beach County oasis awaits you.

19. 2016-09-17
    listed $226,000 Active 2335-char remark

    Show marketing remark (2335 chars)

    Hurry FAST to see this second floor penthouse lake view condo in the West Boynton Beach popular Palm Isles community. This two bedroom plus den and two bath home features its own private elevator. Bright and airy with high ceilings and lots of natural lighting, the view from this home is one of the nicest in all of Palm Isles! Imagine yourself enjoying your morning cup of coffee while gazing at the gorgeous lake view from your private enclosed balcony. The AC was replaced in 2015 and entire condo was painted one year ago. Loving care and pride of ownership is evident in every corner. Located in walking distance to the clubhouse and priced to sell. This lovely home is being sold turnkey with the exception of some personal items. This home features a private first floor entry with security intercom system and remote door opener. Ceramic tiled private foyer entrance leads to your private elevator and interior carpeted staircase. Vaulted ceilings in living areas, dining area, kitchen and breakfast areas. Lots of storage and closets throughout. The eat-in kitchen features track lighting, a gourmet double compartment sink, pantry and convenient pass through to the formal dining area. Split bedroom floor plan with private hallway to master suite. Oversized, custom fitted air-conditioned walk-in closet with mirrored by-pass doors in master suite. Twin cultured marble sinks and counter top with make-up vanity and drawer in master bath. Heat lamp with separate switch in master bath. Separate air conditioned laundry room. Private storage room near front entry. Accordion shutters on sliding glass doors. Built by Oriole Homes, Palm Isles has a multi-million dollar clubhouse and recreational complex featuring a Theatre for the Performing Arts, Multi-Purpose Grand Party Room, Cards, Ceramics and Arts & Crafts Rooms, Game Room, Billiards, Separate Men's and Women's Exercise Spas, Eight Tennis Courts, Shuffleboard Courts, Indoor and Outdoor Pools, Satellite Pools within the Community, and beautiful separate Restaurant serving breakfast and lunch. Convenient easy access to the Florida Turnpike and I-95. Close to the new Bethesda West Hospital, Canyon Town Center and a short drive to the new Delray Marketplace. Motivated seller and move-in condition! Do not delay. Your Palm Beach County oasis awaits you.

ⓘ 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: $2,918 · $243/mo
• Projected year-2 tax: $2,918 · $243/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 9/10 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 · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $42,367
• − Mortgage interest: −$13,388
• − Property taxes: −$2,918
• − Insurance: −$1,195
• − Repairs & maintenance: −$3,389
• − Management: −$3,389
• − HOA: −$11,196
• − Depreciation: −$6,953
• Taxable loss: −$62
• Est. tax savings @ 24.0%: +$15
• After-tax cash flow: $3,135/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 — Golf

• Score: 63/100
• State rank: #703
• US rank: #14941

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Palm Beach County · 1,438,312 people
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 37,229
• Household income: $80,710
• Rent vs Own: 14.5% rent · 85.5% own
• Severe rent burden: 902.0

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 (68%)
• Race & ethnicity: White 68% Two or more races 13% Hispanic / Latino 12% Black 10% Asian 3%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2% Cuban 1% Dominican 1%
• Common ancestry: Scotch-Irish 8% Romanian 8% Hispanic 6%
• Foreign-born: 18% · Canada, Jamaica, Vietnam
• Languages at home: 78% English-only · Spanish 10% French/Haitian/Cajun 6% Other Indo-European 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: ▼ -0.24%
• Current HPI: 257.5891
• Rent YoY: ▲ 1.28%
• 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

+9.7% since first listed

6 events — show timeline

• 2026-05-26 Listed $248,000 Beaches MLS
• 2016-12-22 Sold (Public Records) $203,000 Public Records
• 2016-12-20 Sold (MLS) $203,000 Beaches MLS
• 2016-12-06 Contingent — Beaches MLS
• 2016-10-28 Price Changed $218,000 Beaches MLS
• 2016-09-17 Listed $226,000 Beaches MLS

Property tax history

+3.5%/yr

Latest (2025): $2,918 · +3.4% YoY. Source: county tax records.