2860 S Ocean Blvd #311 · Palm Beach, FL 33480

$477,000

1 bd · 1.5 ba · 1,180 sqft · Condo public records · 159 Days on market

Built 1971

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Why this score? — see what drove the F 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).

• Appreciation +7.6/10.0
• ARV discount +7.5/15.0
• Schools +5.0/10.0
• Rent growth +3.5/5.0
• Livability +3.4/5.0
• Condition / age +2.5/5.0
• 1% rule +2.4/10.0
• Cash flow +0.6/30.0
• DSCR +0.0/10.0

Listing remarks MLS

Step into the Sunniest 1 bedroom, 1.5 bathroom corner retreat at the coveted La Palma Condominium on South Ocean Boulevard in Palm Beach. This isn't your average layout-far from it! With soaring high ceilings and a unique spacious design, this home is a breath of fresh air. Basking in a desirable southwest facing direction, the apartment offers sweeping views of the sparkling Intracoastal, the serene swimming pool and lush meticulously landscaped gardens. Imagine unwinding as you watch the gentle flow of bridge activity, boats gliding by, and sunsets that will take your breath away. Dine at the renowned Four Seasons Resort just across the street or perfect your swing at the nearby Par Three Golf Course. Living at La Palma means more than just a home - it's a lifestyle. With rare beach access and a prime location on the Intracoastal, this is coastal living at its finest. The apartment features high grade floor to ceiling impact windows and doors that open onto a large, wide balcony where you can soak in views of the lush greenery, sparkling pool, and peaceful Intracoastal waters. This apartment is a standout in every way. It features the convenience of an in-unit washer and dryer, 2 parking spaces (one covered), amenities that are hard to come by. La Palma itself is a full-service building offering 24 hour doorperson, a well-equipped fitness center, a guest apartment for visitors, spacious storage closets, and a dedicated condo board that genuinely prioritizes residents' needs. Nestled along South Ocean Boulevard, one of America's most picturesque drives, La Palma places you in the heart of luxury. Driving past Billionaire's Row within minutes, you'll arrive at world-class shopping and dining on Worth Avenue. With its unbeatable location, thoughtful amenities, and incredible views, this apartment is a rare gem you won't want to miss.

Key facts

• Sweeping views
• Large wide balcony
• Rare beach access

Tags

• SWEEPING VIEWS
• RARE BEACH ACCESS
• HIGH GRADE IMPACT WINDOWS
• LARGE WIDE BALCONY
• IN UNIT WASHER AND DRYER
• FULL SERVICE BUILDING

Property features AI

Finance

• HOA & community: Association with monthly fee (includes cable TV, insurance, grounds maintenance, pest control, sewer, water, common areas, elevator); Pets allowed

Exterior

• Parking: Has carport (1 space); Assigned covered and open parking; 1 open parking space
• Security: Closed-circuit cameras; Security lights; Security system; Gated community (no guard); Attended lobby
• Utilities: Public water; Public sewer; Three-phase electric; Cable available
• Home design: Condominium; Resale unit; Faces southwest; 6-story building
• Construction: Built with CBS and other materials
• Exterior features: Ocean access and Intracoastal waterfront; Beach access (community); Elevator(s); Pool; Fitness center; Game room; Community room; Library; Storage; Bike storage; Laundry (community); Trash chute; Manager on site

Interior

• Kitchen: Disposal; Dishwasher; Electric range; Microwave
• Bedrooms: 1 bedroom on the main level
• Flooring: Wood flooring
• Bathrooms: 1 full bath; 1 half bath
• Heating & cooling: Central heating (individual control); Central air conditioning (individual control)
• Interior features: High ceilings; Unfurnished
• Laundry & utility: Laundry closet inside; Washer hookup; Dryer hookup

What this means for you Summary

Snapshot

• This is a 1-bed/1.5-bath condo listed at $477k.

Deal economics

• At list price, monthly cash flow is $-2k ($-30k/yr) — negative.
• To cash-flow at today's rent, offer at most $325k (31.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $354k (25.8% below list).
• Recommended offer: $325k (31.9% below list) — sets the bar for cash-flow.

Location & tenants

• Location reads 68/100 on livability (#530 in FL) — a middle-class / working-renter tenant base. Strengths: employment A+, crime A-; Watch: amenities F, commute F, cost of living F.
• Zoned schools: Palm Beach Public School (math 67% / reading 72%, grade A-, #364 of 2,144 statewide, top 19%, 375 students, 35% FRL); Lake Worth Community Middle (math 17% / reading 23%, grade F, #558 of 571 statewide, top 98%, 1,249 students, 75% FRL); Forest Hill Community High School (math 20% / reading 41%, grade F, #434 of 667 statewide, top 66%, 2,407 students, 66% FRL).
• Market conditions: Rents rising (+3.9%/yr); 447 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 3,974 units permitted in Palm Beach County in 2024 (1,012 in 5+ unit buildings).

Forward outlook

• In year one you build about $28k of equity ($3k loan paydown + $24k appreciation (5.1% local appreciation)).
• Palm Beach County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$44k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 159 days — a 12% lower offer ($420k) is reasonable based on typical stale-listing flexibility.
• 16 sale attempts since 26y ago; this cycle's ask is 13646% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $270k; list at $477k implies a 77% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo; HOA is 46% of rent.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $324,857 (31.9% below list)

Questions for the listing agent

1. 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?
2. It's been on market 159 days. Have you received any prior offers? Is the seller open to a 32% concession, seller financing, or rate buy-down credit?
3. Built in 1971 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
5. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
6. 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?
7. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
8. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
9. 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?
10. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
11. 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.
12. 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.
13. 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: 0.74% ✗
• Cap rate: 1.11%
• Cash-on-cash: -18.51%
• DSCR: 0.18
• GRM: 11.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

5.12% appreciation · 3.92% rent growth · sell at horizon

5-year hold

• IRR: -4.6%
• Equity multiple: 0.69×
• Total profit: $-40,757
• Equity at exit: $273,645

10-year hold

• IRR: 0.8%
• Equity multiple: 1.16×
• Total profit: $21,536
• Equity at exit: $475,055

Cash invested: $133,560 (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 33480

• Home prices YoY: 1.1%
• Rents YoY: 3.9%
• Active inventory: 447
• Price-to-rent: 11.2×

Monthly cashflow live

• Estimated rent: $3,539 high
• Mortgage (P&I): −$2,501
• Tax from tax record: −$530 /mo · $6,363/yr
• Insurance: −$199
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA est. from 5 same-building comps: −$1,626
• Vacancy / Maint / Mgmt: −$743
• Net cashflow: $-2,487

Break-even live

Break-even rent $6,687

Max offer price $107,540

Occupancy floor —

Sensitivity live

Price	-10% $-2,217	-5% $-2,352	+0% $-2,487	+5% $-2,622	+10% $-2,757
Rent	-10% $-2,767	-5% $-2,627	+0% $-2,487	+5% $-2,347	+10% $-2,208
Rate	-1.0pp $-2,247	-0.5pp $-2,366	base $-2,487	+0.5pp $-2,611	+1.0pp $-2,737

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: $119,250
• Closing costs: $14,310
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2860 S Ocean Blvd Palm Beach, FL	2.0–3.0	2.0	1394	$7,500	$5.38	26d	1	0.05mi
2840 S Ocean Blvd #3230 Palm Beach, FL	1.0	1.0	724	$3,500	$4.83	26d	1	0.07mi
2840 S Ocean Blvd #2210 Palm Beach, FL	1.0	1.0	724	$3,000	$4.14	26d	1	0.07mi
2840 S Ocean Blvd #1090 Palm Beach, FL	1.0	1.0	723	$2,500	$3.46	26d	1	0.07mi
2840 S Ocean Blvd #2050 Palm Beach, FL	2.0	2.0	946	$5,000	$5.29	26d	1	0.07mi
2840 S Ocean Blvd #6110 Palm Beach, FL	2.0	2.5	1219	$7,500	$6.15	6d	1	0.07mi
2780 S Ocean Blvd Palm Beach, FL	1.0–2.0	1.0–2.0	1095	$6,500	$5.93	9d	4	0.23mi
2773 S Ocean Blvd #1100 Palm Beach, FL	2.0	2.0	1457	$7,200	$4.94	26d	1	0.29mi
2773 S Ocean Blvd Unit 517 Palm Beach, FL	2.0	2.0	1457	$10,250	$7.04	20d	1	0.29mi
2774 S Ocean Blvd Palm Beach, FL	2.0	2.0	1294	$20,000	$15.46	26d	2	0.32mi
3031 S Ocean Blvd Palm Beach, FL	1.0–2.0	1.0–2.0	1110	$2,500	$2.25	26d	5	0.44mi
6 Lucerne Ave #3 Lake Worth, FL	2.0	2.0	1254	$3,750	$2.99	26d	1	0.54mi
17 S Lakeside Dr #4 Lake Worth Beach, FL	1.0	1.0	790	$1,200	$1.52	26d	1	0.62mi
202 Lucerne Ave Unit 12 Lake Worth Beach, FL	1.0	1.0	880	$1,695	$1.93	7d	1	0.66mi
202 Lucerne Ave Unit 9 Lake Worth Beach, FL	1.0	1.0	880	$1,695	$1.93	0d	1	0.66mi
1 S Palmway #404 Lake Worth Beach, FL	1.0	1.0	1031	$2,600	$2.52	12d	1	0.67mi
418 N Palmway Lake Worth Beach, FL	2.0	1.0	1008	$3,450	$3.42	26d	1	0.68mi
132 2nd Ave S Unit 1 Lake Worth Beach, FL	2.0	1.0	720	$3,000	$4.17	26d	1	0.68mi
12 Ocean Breeze #2 Lake Worth, FL	2.0	1.0	900	$2,000	$2.22	7d	1	0.69mi
12 Ocean Breeze #1 Lake Worth, FL	1.0	1.0	900	$1,799	$2.00	26d	1	0.69mi
2560 S Ocean Blvd Palm Beach, FL	2.0	1.0–2.0	821	$3,850	$4.69	4d	3	0.72mi
210 S Ocean Breeze Lake Worth Beach, FL	1.0	1.0	700	$2,100	$3.00	26d	1	0.75mi
401 S Lakeside Dr Apt 4 Lake Worth Beach, FL	1.0	1.0	700	$1,625	$2.32	14d	1	0.75mi
216 Ocean Breeze Unit Upstairs Lake Worth Beach, FL	2.0	1.0	958	$2,225	$2.32	1d	1	0.76mi
216 Ocean Breeze Unit Upstairs Lake Worth Beach, FL	2.0	1.0	840	$2,250	$2.68	16d	1	0.76mi
215 S Ocean Breeze Lake Worth Beach, FL	2.0	2.0	1000	$2,285	$2.29	1d	1	0.79mi
205 N Federal Hwy Unit B Lake Worth Beach, FL	2.0	1.0	780	$1,750	$2.24	26d	1	0.79mi
301 N Federal Hwy Unit 5 And Attached Garage Lake Worth Beach, FL	1.0	2.0	875	$1,900	$2.17	16d	1	0.79mi
120 N M St Unit L Lake Worth Beach, FL	2.0	2.0	1072	$2,500	$2.33	14d	1	0.81mi
131 S Federal Hwy #1 Lake Worth Beach, FL	1.0	1.0	768	$1,900	$2.47	24d	1	0.82mi
131 S Federal Hwy #1 Lake Worth Beach, FL	1.0	1.0	768	$1,900	$2.47	26d	1	0.82mi
2505 S Ocean Blvd Palm Beach, FL	1.0–2.0	1.0–2.0	823	$3,500	$4.25	26d	1	0.82mi
305 S Federal Hwy Apt 1 Lake Worth Beach, FL	1.0	1.0	720	$1,775	$2.47	0d	1	0.87mi
511 Lucerne Ave Lake Worth, FL	1.0–2.0	1.0–2.0	1029	$2,300	$2.24	15d	1	0.88mi
3200 S Ocean Blvd Unit A102 Palm Beach, FL	2.0	2.0	1476	$3,950	$2.68	26d	1	0.89mi
3200 S Ocean Blvd Unit B104 Palm Beach, FL	2.0	2.0	1476	$3,850	$2.61	26d	1	0.89mi
628 N M St Lake Worth, FL	2.0	1.0	800	$2,150	$2.69	5d	1	0.92mi
3230 S Ocean Blvd Unit 607D Palm Beach, FL	2.0	2.0	980	$3,500	$3.57	14d	1	0.92mi
3230 S Ocean Blvd Unit A602 Palm Beach, FL	2.0	2.0	1176	$3,800	$3.23	26d	1	0.92mi
526 6th Ave N Unit 519 Lake Worth Beach, FL	1.0	1.0	700	$1,395	$1.99	24d	1	0.94mi

HOA detail condo

• Monthly dues: $0 · $0/yr
• Likely covers: waterpoolgym
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 50 events

1. 2026-05-31
   days on marketlisting id $477,000 Active 159 DOM
2. 2026-04-10
   listed $3,470
3. 2026-04-09
   historical $3,470
4. 2026-04-09
   listed $3,470
5. 2026-03-31
   historical $3,470
6. 2026-03-23
   price $477,000 1864-char remark

   Show marketing remark (1864 chars)

   Step into the Sunniest 1 bedroom, 1.5 bathroom corner retreat at the coveted La Palma Condominium on South Ocean Boulevard in Palm Beach. This isn't your average layout-far from it! With soaring high ceilings and a unique spacious design, this home is a breath of fresh air. Basking in a desirable southwest facing direction, the apartment offers sweeping views of the sparkling Intracoastal, the serene swimming pool and lush meticulously landscaped gardens. Imagine unwinding as you watch the gentle flow of bridge activity, boats gliding by, and sunsets that will take your breath away. Dine at the renowned Four Seasons Resort just across the street or perfect your swing at the nearby Par Three Golf Course. Living at La Palma means more than just a home - it's a lifestyle. With rare beach access and a prime location on the Intracoastal, this is coastal living at its finest. The apartment features high grade floor to ceiling impact windows and doors that open onto a large, wide balcony where you can soak in views of the lush greenery, sparkling pool, and peaceful Intracoastal waters. This apartment is a standout in every way. It features the convenience of an in-unit washer and dryer, 2 parking spaces (one covered), amenities that are hard to come by. La Palma itself is a full-service building offering 24 hour doorperson, a well-equipped fitness center, a guest apartment for visitors, spacious storage closets, and a dedicated condo board that genuinely prioritizes residents' needs. Nestled along South Ocean Boulevard, one of America's most picturesque drives, La Palma places you in the heart of luxury. Driving past Billionaire's Row within minutes, you'll arrive at world-class shopping and dining on Worth Avenue. With its unbeatable location, thoughtful amenities, and incredible views, this apartment is a rare gem you won't want to miss.

7. 2026-03-23
   price $477,000

   Show marketing remark (1864 chars)

   Step into the Sunniest 1 bedroom, 1.5 bathroom corner retreat at the coveted La Palma Condominium on South Ocean Boulevard in Palm Beach. This isn't your average layout-far from it! With soaring high ceilings and a unique spacious design, this home is a breath of fresh air. Basking in a desirable southwest facing direction, the apartment offers sweeping views of the sparkling Intracoastal, the serene swimming pool and lush meticulously landscaped gardens. Imagine unwinding as you watch the gentle flow of bridge activity, boats gliding by, and sunsets that will take your breath away. Dine at the renowned Four Seasons Resort just across the street or perfect your swing at the nearby Par Three Golf Course. Living at La Palma means more than just a home - it's a lifestyle. With rare beach access and a prime location on the Intracoastal, this is coastal living at its finest. The apartment features high grade floor to ceiling impact windows and doors that open onto a large, wide balcony where you can soak in views of the lush greenery, sparkling pool, and peaceful Intracoastal waters. This apartment is a standout in every way. It features the convenience of an in-unit washer and dryer, 2 parking spaces (one covered), amenities that are hard to come by. La Palma itself is a full-service building offering 24 hour doorperson, a well-equipped fitness center, a guest apartment for visitors, spacious storage closets, and a dedicated condo board that genuinely prioritizes residents' needs. Nestled along South Ocean Boulevard, one of America's most picturesque drives, La Palma places you in the heart of luxury. Driving past Billionaire's Row within minutes, you'll arrive at world-class shopping and dining on Worth Avenue. With its unbeatable location, thoughtful amenities, and incredible views, this apartment is a rare gem you won't want to miss.

8. 2026-02-06
   listed $3,470
9. 2026-02-04
   price $487,000 1864-char remark

   Show marketing remark (1864 chars)

   Step into the Sunniest 1 bedroom, 1.5 bathroom corner retreat at the coveted La Palma Condominium on South Ocean Boulevard in Palm Beach. This isn't your average layout-far from it! With soaring high ceilings and a unique spacious design, this home is a breath of fresh air. Basking in a desirable southwest facing direction, the apartment offers sweeping views of the sparkling Intracoastal, the serene swimming pool and lush meticulously landscaped gardens. Imagine unwinding as you watch the gentle flow of bridge activity, boats gliding by, and sunsets that will take your breath away. Dine at the renowned Four Seasons Resort just across the street or perfect your swing at the nearby Par Three Golf Course. Living at La Palma means more than just a home - it's a lifestyle. With rare beach access and a prime location on the Intracoastal, this is coastal living at its finest. The apartment features high grade floor to ceiling impact windows and doors that open onto a large, wide balcony where you can soak in views of the lush greenery, sparkling pool, and peaceful Intracoastal waters. This apartment is a standout in every way. It features the convenience of an in-unit washer and dryer, 2 parking spaces (one covered), amenities that are hard to come by. La Palma itself is a full-service building offering 24 hour doorperson, a well-equipped fitness center, a guest apartment for visitors, spacious storage closets, and a dedicated condo board that genuinely prioritizes residents' needs. Nestled along South Ocean Boulevard, one of America's most picturesque drives, La Palma places you in the heart of luxury. Driving past Billionaire's Row within minutes, you'll arrive at world-class shopping and dining on Worth Avenue. With its unbeatable location, thoughtful amenities, and incredible views, this apartment is a rare gem you won't want to miss.

10. 2026-02-03
    price $487,000
11. 2025-12-23
    listed $557,000 Active 1864-char remark

    Show marketing remark (1864 chars)

    Step into the Sunniest 1 bedroom, 1.5 bathroom corner retreat at the coveted La Palma Condominium on South Ocean Boulevard in Palm Beach. This isn't your average layout-far from it! With soaring high ceilings and a unique spacious design, this home is a breath of fresh air. Basking in a desirable southwest facing direction, the apartment offers sweeping views of the sparkling Intracoastal, the serene swimming pool and lush meticulously landscaped gardens. Imagine unwinding as you watch the gentle flow of bridge activity, boats gliding by, and sunsets that will take your breath away. Dine at the renowned Four Seasons Resort just across the street or perfect your swing at the nearby Par Three Golf Course. Living at La Palma means more than just a home - it's a lifestyle. With rare beach access and a prime location on the Intracoastal, this is coastal living at its finest. The apartment features high grade floor to ceiling impact windows and doors that open onto a large, wide balcony where you can soak in views of the lush greenery, sparkling pool, and peaceful Intracoastal waters. This apartment is a standout in every way. It features the convenience of an in-unit washer and dryer, 2 parking spaces (one covered), amenities that are hard to come by. La Palma itself is a full-service building offering 24 hour doorperson, a well-equipped fitness center, a guest apartment for visitors, spacious storage closets, and a dedicated condo board that genuinely prioritizes residents' needs. Nestled along South Ocean Boulevard, one of America's most picturesque drives, La Palma places you in the heart of luxury. Driving past Billionaire's Row within minutes, you'll arrive at world-class shopping and dining on Worth Avenue. With its unbeatable location, thoughtful amenities, and incredible views, this apartment is a rare gem you won't want to miss.

12. 2025-12-23
    listed $557,000 Active

    Show marketing remark (1864 chars)

    Step into the Sunniest 1 bedroom, 1.5 bathroom corner retreat at the coveted La Palma Condominium on South Ocean Boulevard in Palm Beach. This isn't your average layout-far from it! With soaring high ceilings and a unique spacious design, this home is a breath of fresh air. Basking in a desirable southwest facing direction, the apartment offers sweeping views of the sparkling Intracoastal, the serene swimming pool and lush meticulously landscaped gardens. Imagine unwinding as you watch the gentle flow of bridge activity, boats gliding by, and sunsets that will take your breath away. Dine at the renowned Four Seasons Resort just across the street or perfect your swing at the nearby Par Three Golf Course. Living at La Palma means more than just a home - it's a lifestyle. With rare beach access and a prime location on the Intracoastal, this is coastal living at its finest. The apartment features high grade floor to ceiling impact windows and doors that open onto a large, wide balcony where you can soak in views of the lush greenery, sparkling pool, and peaceful Intracoastal waters. This apartment is a standout in every way. It features the convenience of an in-unit washer and dryer, 2 parking spaces (one covered), amenities that are hard to come by. La Palma itself is a full-service building offering 24 hour doorperson, a well-equipped fitness center, a guest apartment for visitors, spacious storage closets, and a dedicated condo board that genuinely prioritizes residents' needs. Nestled along South Ocean Boulevard, one of America's most picturesque drives, La Palma places you in the heart of luxury. Driving past Billionaire's Row within minutes, you'll arrive at world-class shopping and dining on Worth Avenue. With its unbeatable location, thoughtful amenities, and incredible views, this apartment is a rare gem you won't want to miss.

13. 2021-06-14
    soldstatus $270,000 Closed 473-char remark

    Show marketing remark (473 chars)

    TURNKEY ready. Renovated: Impact Windows, Kitchen, Bathrooms, Washer/Dryer in unit. Beautiful WATER VIEWS of the Intracoastal, gorgeous SUNSETS and DEEDED OCEAN access. Lakeside pool, 24/7 Doorman, Full Time Manager, Covered Parking, Fitness Center, and Community Room/Library. La Palma also has a fantastic 2 Bedroom GUEST condominium that owners can rent for up to two weeks their guests. Ocean across the street, community outdoor market every Saturday during season.

14. 2021-06-14
    soldstatus $270,000

    Show marketing remark (473 chars)

    TURNKEY ready. Renovated: Impact Windows, Kitchen, Bathrooms, Washer/Dryer in unit. Beautiful WATER VIEWS of the Intracoastal, gorgeous SUNSETS and DEEDED OCEAN access. Lakeside pool, 24/7 Doorman, Full Time Manager, Covered Parking, Fitness Center, and Community Room/Library. La Palma also has a fantastic 2 Bedroom GUEST condominium that owners can rent for up to two weeks their guests. Ocean across the street, community outdoor market every Saturday during season.

15. 2021-05-12
    historical Active Under Contract 473-char remark

    Show marketing remark (473 chars)

    TURNKEY ready. Renovated: Impact Windows, Kitchen, Bathrooms, Washer/Dryer in unit. Beautiful WATER VIEWS of the Intracoastal, gorgeous SUNSETS and DEEDED OCEAN access. Lakeside pool, 24/7 Doorman, Full Time Manager, Covered Parking, Fitness Center, and Community Room/Library. La Palma also has a fantastic 2 Bedroom GUEST condominium that owners can rent for up to two weeks their guests. Ocean across the street, community outdoor market every Saturday during season.

16. 2021-05-11
    listed $274,800 Active 473-char remark

    Show marketing remark (473 chars)

    TURNKEY ready. Renovated: Impact Windows, Kitchen, Bathrooms, Washer/Dryer in unit. Beautiful WATER VIEWS of the Intracoastal, gorgeous SUNSETS and DEEDED OCEAN access. Lakeside pool, 24/7 Doorman, Full Time Manager, Covered Parking, Fitness Center, and Community Room/Library. La Palma also has a fantastic 2 Bedroom GUEST condominium that owners can rent for up to two weeks their guests. Ocean across the street, community outdoor market every Saturday during season.

17. 2021-05-11
    listed $274,800

    Show marketing remark (473 chars)

    TURNKEY ready. Renovated: Impact Windows, Kitchen, Bathrooms, Washer/Dryer in unit. Beautiful WATER VIEWS of the Intracoastal, gorgeous SUNSETS and DEEDED OCEAN access. Lakeside pool, 24/7 Doorman, Full Time Manager, Covered Parking, Fitness Center, and Community Room/Library. La Palma also has a fantastic 2 Bedroom GUEST condominium that owners can rent for up to two weeks their guests. Ocean across the street, community outdoor market every Saturday during season.

18. 2019-02-19
    historical
19. 2019-02-15
    soldstatus $230,000 Closed
20. 2019-02-15
    soldstatus $230,000
21. 2019-02-15
    soldstatus $230,000
22. 2019-01-11
    historical Contingent
23. 2018-12-01
    price $239,900
24. 2018-10-12
    listed $249,000 Active
25. 2018-10-12
    listed $239,900
26. 2016-05-03
    historical
27. 2015-03-09
    historical
28. 2014-12-02
    soldstatus $175,000
29. 2014-11-25
    soldstatus $175,000 Closed
30. 2014-11-25
    soldstatus $175,000
31. 2014-10-23
    status Pending
32. 2014-05-21
    price $175,000
33. 2013-09-21
    historical
34. 2013-05-29
    price $189,000 Price Change
35. 2010-01-08
    listed $199,000 Active
36. 2010-01-08
    listed $175,000
37. 2008-04-01
    soldstatus $215,000
38. 2008-03-25
    soldstatus $215,000
39. 2008-01-03
    historical
40. 2007-09-05
    listed $299,000
41. 2006-11-01
    historical
42. 2006-10-27
    listed $299,000
43. 2006-08-10
    listed $355,000
44. 2006-01-18
    soldstatus $335,000
45. 2006-01-17
    soldstatus $335,000
46. 2005-12-17
    historical
47. 2005-07-19
    listed $369,000
48. 2005-06-20
    soldstatus $222,000
49. 2000-10-04
    soldstatus $100,000
50. 2000-03-01
    listed $110,000

ⓘ 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: $6,363 · $530/mo
• Projected year-2 tax: $6,363 · $530/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 8/10 Severe FEMA zone AE · 99% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥105°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 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $42,467
• − Mortgage interest: −$26,719
• − Property taxes: −$6,363
• − Insurance: −$7,504
• − Repairs & maintenance: −$3,397
• − Management: −$3,397
• − HOA: −$19,512
• − Depreciation: −$13,876
• Taxable loss: −$38,302
• Est. tax savings @ 24.0%: +$9,193
• After-tax cash flow: $-20,654/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)

No district data.

Livability — Palm Beach

• Score: 68/100
• State rank: #530
• US rank: #9896

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Palm Beach, FL
• County: Palm Beach County · 1,438,312 people
• City population: 10,924
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 10,924
• Household income: $150,633
• Rent vs Own: 15.8% rent · 84.2% own
• Severe rent burden: 213.0

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 (89%)
• Race & ethnicity: White 89% Hispanic / Latino 7% Two or more races 6% Asian 1%
• Hispanic origin (detail): Mexican 1% Puerto Rican 1% Cuban 1%
• Common ancestry: Scotch-Irish 7% Romanian 5% Italian 3%
• Foreign-born: 20% · Canada, Dominican Republic, China
• Languages at home: 84% English-only · Spanish 7% Other Indo-European 3% Russian/Polish/Slavic 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: ▲ 5.12%
• Current HPI: 464.2769
• Rent YoY: ▲ 3.92%
• 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

-96.8% since first listed

50 events — show timeline

• 2026-04-10 Listed for Rent $3,470 RMLSFL
• 2026-04-09 Rental Removed $3,470 PBBORFL
• 2026-04-09 Listed for Rent $3,470 PBBORFL
• 2026-03-31 Rental Removed $3,470 RMLSFL
• 2026-03-23 Price Changed $477,000 PBBOR
• 2026-03-23 Price Changed $477,000 Beaches MLS
• 2026-02-06 Listed for Rent $3,470 RMLSFL
• 2026-02-04 Price Changed $487,000 PBBOR
• 2026-02-03 Price Changed $487,000 Beaches MLS
• 2025-12-23 Listed $557,000 Beaches MLS
• 2025-12-23 Listed $557,000 PBBOR
• 2021-06-14 Sold (MLS) $270,000 PBBOR
• 2021-06-14 Sold (MLS) $270,000 Beaches MLS
• 2021-05-12 Contingent — Beaches MLS
• 2021-05-11 Listed $274,800 PBBOR
• 2021-05-11 Listed $274,800 Beaches MLS
• 2019-02-19 Listing Removed — Beaches MLS
• 2019-02-15 Sold (Public Records) $230,000 Public Records
• 2019-02-15 Sold (MLS) $230,000 PBBOR
• 2019-02-15 Sold (MLS) $230,000 Beaches MLS
• 2019-01-11 Contingent — Beaches MLS
• 2018-12-01 Price Changed $239,900 Beaches MLS
• 2018-10-12 Listed $239,900 PBBOR
• 2018-10-12 Listed $249,000 Beaches MLS
• 2016-05-03 Listing Removed — Beaches MLS
• 2015-03-09 Listing Removed — Beaches MLS
• 2014-12-02 Sold (Public Records) $175,000 Public Records
• 2014-11-25 Sold (MLS) $175,000 PBBOR
• 2014-11-25 Sold (MLS) $175,000 Beaches MLS
• 2014-10-23 Pending — Beaches MLS
• 2014-05-21 Price Changed $175,000 Beaches MLS
• 2013-09-21 Listing Removed — Beaches MLS
• 2013-05-29 Price Changed $189,000 Beaches MLS
• 2010-01-08 Listed $175,000 PBBOR
• 2010-01-08 Listed $199,000 Beaches MLS
• 2008-04-01 Sold (Public Records) $215,000 Public Records
• 2008-03-25 Sold (MLS) $215,000 Beaches MLS
• 2008-01-03 Listing Removed — Beaches MLS
• 2007-09-05 Listed $299,000 Beaches MLS
• 2006-11-01 Listing Removed — Beaches MLS
• 2006-10-27 Listed $299,000 Beaches MLS
• 2006-08-10 Listed $355,000 Beaches MLS
• 2006-01-18 Sold (Public Records) $335,000 Public Records
• 2006-01-17 Sold (MLS) $335,000 Beaches MLS
• 2005-12-17 Listing Removed — Beaches MLS
• 2005-07-19 Listed $369,000 Beaches MLS
• 2005-06-20 Sold (Public Records) $222,000 Public Records
• 2000-10-04 Sold (Public Records) $100,000 Public Records
• 2000-03-01 Listed $110,000 Beaches MLS
• 1988-01-01 Sold (Public Records) $110,000 Public Records

Property tax history

+7.8%/yr

Latest (2025): $6,363 · +4.7% YoY. Source: county tax records.