2851 S Ocean Blvd Unit 7s · Boca Raton, FL 33432

$264,900

1 bd · 1.0 ba · 985 sqft · Condo · 111 Days on market

Built 1980 Good condition $269/sqft · 59% below area $1100/mo HOA · 38% of rent ↓ 8% since listing

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Why this score? — see what drove the D- 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 +7.5/15.0
• 1% rule +5.9/10.0
• Schools +5.7/10.0
• Cash flow +4.8/30.0
• Livability +3.9/5.0
• Condition / age +3.8/5.0
• Rent growth +3.6/5.0
• DSCR +0.0/10.0
• Appreciation +0.0/10.0

Listing remarks

Rare opportunity in a prime East Boca Raton beachside location! This residence offers a blank canvas with the perfect opportunity for a complete custom renovation — ideal for an investor, contractor, or buyer ready to create their dream coastal retreat. Enjoy southern facing ocean views and stunning daily sunsets from the expansive open-air balcony. This boutique building features 9-ft ceilings, covered parking, additional storage, onsite security, fitness center, social room, and resort-style pool with BBQ area. Just steps to Deerfield Beach dining, shopping, and well renowned international fishing pier.

Key facts

• Boutique building
• Open-air balcony
• Covered parking

Tags

• CUSTOM RENOVATION
• SOUTHERN FACING OCEAN VIEWS
• OPEN-AIR BALCONY
• BOUTIQUE BUILDING
• COVERED PARKING
• ADDITIONAL STORAGE

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $265k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-651 ($-8k/yr) — negative.
• To cash-flow at today's rent, offer at most $171k (35.6% below list).
• Meets the 1% rule at list price ($3k rent vs $265k).
• Recommended offer: $171k (35.6% below list) — sets the bar for cash-flow.

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: Boca Raton Elementary School (math 47% / reading 52%, grade D, #1,088 of 2,144 statewide, top 53%, 365 students, 62% FRL); Boca Raton Community Middle School (math 59% / reading 61%, grade B, #135 of 571 statewide, top 24%, 1,225 students, 41% FRL); West Boca Raton High School (math 55% / reading 70%, grade B-, #93 of 667 statewide, top 14%, 2,271 students, 28% FRL).
• Market conditions: Rents rising fast (+4.6%/yr); 638 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 68d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 75% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 3,974 units permitted in Palm Beach County in 2024 (1,012 in 5+ unit buildings).
• This rent runs 32% of the median local income ($107k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k 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 111 days — a 9% lower offer ($241k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: HOA is 38% of rent.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $170,629 (35.6% 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 111 days. Have you received any prior offers? Is the seller open to a 36% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. 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?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
8. 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?
9. 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.
10. 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.
11. 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: 1.09% ✓
• Cap rate: 3.34%
• Cash-on-cash: -10.54%
• DSCR: 0.53
• GRM: 7.7

CMA / ARV

• ARV (median comp): $646,921
• List price: $264,900
• Delta: -59.05%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2851 S Ocean Blvd Unit T-2	0.00mi	1/1.5	1,086 (+10%)	1mo	$270,000	$249	80
2501 S Ocean Blvd #3010	0.27mi	2/2.0 (+1)	993 (+1%)	1mo	$315,000	$317	76
105 NE 19th Ave #164	0.58mi	2/2.0 (+1)	941 (-4%)	1mo	$420,000	$446	56
330 SE 20th Ave #314	0.83mi	1/2.0	1,021 (+4%)	2mo	$425,000	$416	54
400 N Federal Hwy #107	0.85mi	2/2.0 (+1)	1,002 (+2%)	1mo	$250,000	$250	52
367 S Federal Hwy Unit B103	1.24mi	2/2.0 (+1)	934 (-5%)	2mo	$190,000	$203	46
1968 NE 3rd St #1	0.44mi	2/2.5 (+1)	1,224 (+24%)	2mo	$609,000	$498	42
745 SE 19th Ave #138	1.09mi	2/2.0 (+1)	870 (-12%)	0mo	$311,000	$357	36
10 SE 13th St Unit C3	1.30mi	2/2.0 (+1)	1,120 (+14%)	2mo	$175,000	$156	32
961 SE 20th Ave #308	1.21mi	2/2.0 (+1)	1,200 (+22%)	0mo	$402,000	$335	31
985 SE 19 Ave #204	1.22mi	2/2.0 (+1)	1,215 (+23%)	1mo	$488,000	$402	30
330 SE 20th Ave #416	0.83mi	2/2.5 (+1)	1,147 (+16%)	1mo	$620,000	$541	28

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 · 4.56% rent growth · sell at horizon

5-year hold

• IRR: -31.7%
• Equity multiple: -0.07×
• Total profit: $-79,100
• Equity at exit: $39,497

10-year hold

• IRR: -24.0%
• Equity multiple: -0.35×
• Total profit: $-99,904
• Equity at exit: $22,904

Cash invested: $74,172 (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 →

Active competition Active MLS

• For sale now: 5 active · 6 under contract
• Median asking: $487,500 ($435/sqft)
• Median days on market: 90 d
• This list price: lowest-priced of the active set
• ARV vs active asking: +51.1% above current asking $/sqft

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

ZIP-level market 33432

• Rents YoY: 4.6%
• Active inventory: 638
• Price-to-rent: 7.7×

Monthly cashflow live

• Estimated rent: $2,885 high
• Mortgage (P&I): −$1,389
• Tax est. 1.5%: −$331 /mo · $3,974/yr
• Insurance: −$110
• HOA: −$1,100
• Vacancy / Maint / Mgmt: −$606
• Net cashflow: $-651

Break-even live

Break-even rent $3,710

Max offer price $170,629

Occupancy floor —

Sensitivity live

Price	-10% $-468	-5% $-560	+0% $-651	+5% $-743	+10% $-835
Rent	-10% $-879	-5% $-765	+0% $-651	+5% $-538	+10% $-424
Rate	-1.0pp $-518	-0.5pp $-584	base $-651	+0.5pp $-720	+1.0pp $-790

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: $66,225
• Closing costs: $7,947
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2851 S Ocean Blvd Boca Raton, FL	1.0–3.0	1.0–2.0	1241	$2,350	$1.89	4d	6	0.03mi
2851 S Ocean Blvd Boca Raton, FL	1.0–3.0	1.0–2.0	1241	$2,650	$2.14	65d	6	0.03mi
2851 S Ocean Blvd Apt 6C Boca Raton, FL	1.0	1.0	985	$3,600	$3.65	94d	1	0.03mi
2929 S Ocean Blvd #5060 Boca Raton, FL	1.0	1.5	760	$2,300	$3.03	36d	1	0.04mi
2929 S Ocean Blvd #2120 Boca Raton, FL	1.0	1.5	760	$2,300	$3.03	71d	1	0.04mi
2929 S Ocean Blvd #4100 Boca Raton, FL	2.0	2.0	999	$3,300	$3.30	71d	1	0.04mi
2929 S Ocean Blvd #5060 Boca Raton, FL	1.0	1.5	760	$2,700	$3.55	80d	1	0.04mi
2929 S Ocean Blvd #5010 Boca Raton, FL	2.0	2.0	999	$3,250	$3.25	62d	1	0.04mi
2929 S Ocean Blvd Boca Raton, FL	1.0	1.5	761	$2,825	$3.71	84d	2	0.06mi
2929 S Ocean Blvd Boca Raton, FL	1.0	1.5	761	$2,400	$3.15	0d	2	0.06mi
2929 S Ocean Blvd Boca Raton, FL	1.0	1.0–1.5	763	$2,575	$3.37	11d	2	0.06mi
2760 Banyan Rd Unit 25A Boca Raton, FL	2.0	2.0	905	$2,500	$2.76	114d	1	0.07mi
2730 Banyan Rd #26 Boca Raton, FL	2.0	2.0	905	$5,400	$5.97	99d	1	0.10mi
2730 Banyan Rd Unit B 1 Boca Raton, FL	2.0	2.0	965	$2,750	$2.85	2d	1	0.10mi
2730 Banyan Rd Boca Raton, FL	2.0	2.0	935	$4,000	$4.28	120d	2	0.10mi
3096 Cadiz Rd Boca Raton, FL	1.0	1.0	750	$2,700	$3.60	120d	1	0.15mi
612 NE 20th Ave Apt 3 Deerfield Beach, FL	1.0	1.5	1000	$2,400	$2.40	11d	1	0.19mi
1932 NE 7th St #1 Deerfield Beach, FL	1.0	1.0	600	$2,099	$3.50	120d	1	0.22mi
505 NE 20th Ave Deerfield Beach, FL	1.0–2.0	1.0–1.5	1045	$1,975	$1.89	68d	2	0.23mi
1969 NE 4th St Deerfield Beach, FL	2.0	1.0	1100	$3,100	$2.82	76d	1	0.34mi
1969 NE 4th St Deerfield Beach, FL	2.0	1.0	1100	$3,000	$2.73	67d	1	0.34mi
1969 NE 4th St Deerfield Beach, FL	2.0	1.0	1100	$2,900	$2.64	6d	1	0.34mi
333 NE 21st Ave Deerfield Beach, FL	1.0–2.0	1.5–2.5	870	$4,000	$4.60	18d	5	0.34mi
333 NE 21st Ave Deerfield Beach, FL	1.0–2.0	1.5–2.5	870	$2,500	$2.87	42d	6	0.34mi
1945 NE 4th St Unit 2 Deerfield Beach, FL	1.0	1.0	530	$1,650	$3.11	62d	1	0.35mi
1910 NE 5th St Unit 8 Deerfield Beach, FL	1.0	1.5	1000	$2,800	$2.80	120d	1	0.36mi
1910 NE 5th St Unit 8 Deerfield Beach, FL	1.0	1.5	1000	$2,800	$2.80	103d	1	0.36mi
1913 NE 4th St Unit 1-9 Deerfield Beach, FL	1.0	1.0	859	$1,900	$2.21	71d	1	0.38mi
1907 NE 4th St #6 Deerfield Beach, FL	1.0	1.0	588	$2,300	$3.91	11d	1	0.39mi
1931 NE 2nd St Deerfield Beach, FL	2.0	2.0	1001	$4,175	$4.17	49d	2	0.47mi
1931 NE 2nd St #305 Deerfield Beach, FL	2.0	2.0	1001	$4,500	$4.50	73d	1	0.47mi
1931 NE 2nd St #405 Deerfield Beach, FL	2.0	2.0	1001	$3,750	$3.75	0d	1	0.47mi
1931 NE 2nd St #305 Deerfield Beach, FL	2.0	2.0	1001	$4,000	$4.00	90d	1	0.47mi
1917 NE 2nd St #2 Deerfield Beach, FL	1.0	1.0	550	$1,695	$3.08	36d	1	0.49mi
1917 NE 2nd St #2 Deerfield Beach, FL	1.0	1.0	550	$1,725	$3.14	82d	1	0.49mi
1907 NE 2nd St Deerfield Beach, FL	1.0	1.0	675	$2,050	$3.04	106d	1	0.49mi
1960 NE 1st St Deerfield Beach, FL	1.0	1.0	600	$3,250	$5.42	20d	1	0.54mi
2060 NE 1st St #16 Deerfield Beach, FL	2.0	2.0	924	$2,900	$3.14	45d	1	0.55mi
110 NE 19th Ave Unit 110-12A Deerfield Beach, FL	1.0	1.0	620	$1,895	$3.06	44d	1	0.55mi
110 NE 19th Ave Unit 12A Deerfield Beach, FL	1.0	1.0	925	$1,895	$2.05	33d	1	0.55mi

Property features AI

Finance

• Other: No pets allowedCommunity contains 127 units
• HOA & community: Patrician Condo AssociationAssociation amenities include pool, fitness center, laundry, parking, storage, bike storage, community room, lobby, security, manager on site, picnic area, car wash area, maintenanceHOA fees billed monthlyHOA covers cable TV, insurance, internet, grounds and structure maintenance, pest control, security, sewer, trash, water, common areas, elevator, reserve funds, roof repairs, and pool service

Exterior

• Parking: Assigned parkingDetached carportCarport (1 covered space)Asphalt parkingGuest and open parking available
• Security: On-site managerSecurity services
• Utilities: Public waterPublic sewerCable connectedElectricity connectedWater connectedSewer connected
• Home design: CondominiumOne levelFaces westResale unitLocated in a 7-story building (Patrician)
• Construction: Concrete block with stucco constructionOther roof
• Exterior features: PoolPicnic areaCar wash areaStorageBike storageLobbyCommunity roomManagement on siteMaintenance servicesSecurityOpen parkingGuest parking

Interior

• Kitchen: DisposalDishwasherRefrigeratorElectric cooktop
• Bedrooms: 1 bedroom on the main level
• Flooring: Ceramic tileTile
• Bathrooms: 1 full bathroom on the main level
• Heating & cooling: Central heatingIndividual central cooling
• Interior features: High ceilingsWalk-in closet(s)Plantation shutters
• Laundry & utility: Common area laundry

HOA detail $1,100/mo · $13,200/yr condo

• Likely covers: poolgymsecurity
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 50 events

1. 2026-09-24
   days on market $264,900 Active 111 DOM
2. 2026-09-23
   days on market $264,900 Active 110 DOM
3. 2026-09-22
   days on market $264,900 Active 109 DOM
4. 2026-09-21
   days on market $264,900 Active 108 DOM
5. 2026-09-20
   days on market $264,900 Active 107 DOM
6. 2026-09-18
   days on market $264,900 Active 105 DOM
7. 2026-09-17
   days on market $264,900 Active 104 DOM
8. 2026-09-16
   days on market $264,900 Active 103 DOM
9. 2026-09-15
   days on market $264,900 Active 102 DOM
10. 2026-09-13
    days on market $264,900 Active 100 DOM
11. 2026-09-12
    days on market $264,900 Active 99 DOM
12. 2026-09-11
    days on market $264,900 Active 98 DOM
13. 2026-09-05
    days on market $264,900 Active 92 DOM
14. 2026-09-04
    days on market $264,900 Active 91 DOM
15. 2026-09-03
    days on market $264,900 Active 90 DOM
16. 2026-08-31
    days on market $264,900 Active 87 DOM
17. 2026-08-29
    days on market $264,900 Active 85 DOM
18. 2026-08-28
    days on market $264,900 Active 84 DOM
19. 2026-08-27
    days on market $264,900 Active 83 DOM
20. 2026-08-25
    days on market $264,900 Active 81 DOM
21. 2026-08-24
    days on market $264,900 Active 80 DOM
22. 2026-08-23
    days on market $264,900 Active 79 DOM
23. 2026-08-22
    days on market $264,900 Active 78 DOM
24. 2026-08-21
    days on market $264,900 Active 77 DOM
25. 2026-08-20
    days on market $264,900 Active 76 DOM
26. 2026-08-19
    days on market $264,900 Active 75 DOM
27. 2026-08-18
    days on market $264,900 Active 74 DOM
28. 2026-08-17
    pricedays on market $264,900 Active 73 DOM
29. 2026-08-16
    days on market $299,000 Active 72 DOM
30. 2026-08-15
    days on market $299,000 Active 71 DOM
31. 2026-08-14
    days on market $299,000 Active 70 DOM
32. 2026-08-13
    days on market $299,000 Active 69 DOM
33. 2026-08-12
    days on market $299,000 Active 68 DOM
34. 2026-08-11
    days on market $299,000 Active 67 DOM
35. 2026-08-10
    days on market $299,000 Active 66 DOM
36. 2026-08-09
    days on market $299,000 Active 65 DOM
37. 2026-08-08
    days on market $299,000 Active 64 DOM
38. 2026-08-06
    days on market $299,000 Active 62 DOM
39. 2026-08-05
    days on market $299,000 Active 61 DOM
40. 2026-08-03
    days on market $299,000 Active 59 DOM
41. 2026-07-31
    days on market $299,000 Active 56 DOM
42. 2026-07-26
    days on market $299,000 Active 51 DOM
43. 2026-07-24
    days on market $299,000 Active 49 DOM
44. 2026-07-23
    days on market $299,000 Active 48 DOM
45. 2026-07-22
    days on market $299,000 Active 47 DOM
46. 2026-07-21
    days on market $299,000 Active 46 DOM
47. 2026-07-20
    days on market $299,000 Active 45 DOM
48. 2026-07-18
    days on market $299,000 Active 43 DOM
49. 2026-07-18
    days on market $299,000 Active 42 DOM
50. 2026-07-16
    days on market $299,000 Active 41 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 3/10 Moderate FEMA zone X (unshaded) · 6% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥106°F today · 28 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $34,620
• − Mortgage interest: −$14,839
• − Property taxes: −$3,974
• − Insurance: −$1,324
• − Repairs & maintenance: −$2,770
• − Management: −$2,770
• − HOA: −$13,200
• − Depreciation: −$7,706
• Taxable loss: −$11,961
• Est. tax savings @ 24.0%: +$2,871
• After-tax cash flow: $-4,947/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

Good 75/100 Cosmetic rehab Est. rehab $4,925–$14,775 screening

This property is in good condition with a good exterior and interior. It has a prime location and offers a blank canvas for a complete custom renovation. Painting the exterior walls and upgrading the flooring can significantly increase its resale and rental value.

Value-add opportunities

• Resale Paint the exterior walls — Painting the exterior walls can enhance the curb appeal and make the property more attractive to potential buyers. ↑
• Rental Upgrade the flooring — Upgrading the flooring can make the property more appealing to renters and potentially increase the rental value. ↑

ⓘ 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.

D Composite school gradezoned avg 57/100

Zoned Schools

Elementary Boca Raton Elementary School D FL #1,088/2,144 Nat'l #12,785/41,679 Middle Boca Raton Community Middle School B FL #135/571 Nat'l #1,793/14,009 High West Boca Raton High School B- FL #93/667 Nat'l #3,176/17,239

Schools (NCES district)

• District: Palm Beach
• NCES district ID: 1201500
• Math proficiency: 46% ▼ -16.00%
• Reading proficiency: 53% ▼ -4.00%
• Median HH income: $53,943
• Composite: 42.72/100
• National rank: #3160
• State rank: #34 of 73 in FL

B Composite livability gradescore 77/100

Livability — Boca Raton

• Score: 77/100
• State rank: #192
• US rank: #3070

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Boca Raton, FL
• County: Palm Beach County · 1,637,487 people
• City population: 250,102
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 21,834
• Household income: $107,045
• Rent vs Own: 41.0% rent · 59.0% own
• Severe rent burden: 15% of renters

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Population outlook (Palm Beach County) Hauer SSP2

• Today (2025): 1,637,487 people
• By 2030: 1,743,255 · +6.5%
• By 2040: 1,948,712 · +19.0%
• By 2050: 2,132,979 · +30.3%
• By 2075: 2,530,027 · +54.5%
• By 2100: 2,706,979 · +65.3%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (72%)
• Race & ethnicity: White 72% Hispanic / Latino 18% Two or more races 13% Black 4% Asian 2%
• Hispanic origin (detail): Mexican 3% Puerto Rican 5% Cuban 3%
• Common ancestry: Scotch-Irish 4% Subsaharan African 4% Romanian 4%
• Foreign-born: 20% · Canada, Jamaica, China
• Languages at home: 77% English-only · Spanish 13% Other Indo-European 3% French/Haitian/Cajun 2%

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Political lean MEDSL · Palm Beach

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

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -565.03%
• Current HPI: 391.7799
• Rent YoY: ▲ 4.56%
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

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Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Property features AI

Finance

• Other: No pets allowedCommunity contains 127 units
• HOA & community: Patrician Condo AssociationAssociation amenities include pool, fitness center, laundry, parking, storage, bike storage, community room, lobby, security, manager on site, picnic area, car wash area, maintenanceHOA fees billed monthlyHOA covers cable TV, insurance, internet, grounds and structure maintenance, pest control, security, sewer, trash, water, common areas, elevator, reserve funds, roof repairs, and pool service

Exterior

• Parking: Assigned parkingDetached carportCarport (1 covered space)Asphalt parkingGuest and open parking available
• Security: On-site managerSecurity services
• Utilities: Public waterPublic sewerCable connectedElectricity connectedWater connectedSewer connected
• Home design: CondominiumOne levelFaces westResale unitLocated in a 7-story building (Patrician)
• Construction: Concrete block with stucco constructionOther roof
• Exterior features: PoolPicnic areaCar wash areaStorageBike storageLobbyCommunity roomManagement on siteMaintenance servicesSecurityOpen parkingGuest parking

Interior

• Kitchen: DisposalDishwasherRefrigeratorElectric cooktop
• Bedrooms: 1 bedroom on the main level
• Flooring: Ceramic tileTile
• Bathrooms: 1 full bathroom on the main level
• Heating & cooling: Central heatingIndividual central cooling
• Interior features: High ceilingsWalk-in closet(s)Plantation shutters
• Laundry & utility: Common area laundry

Price history

-8.0% since first listed

2 events — show timeline

• 2026-07-06 Price Changed $299,000 Beaches MLS
• 2026-06-04 Listed $324,900 Beaches MLS