951 De Soto Rd #232 · Boca Raton, FL
Flood risk 7/10 · Major
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.91%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 10/10 · Severe
- Hot days now (above 106°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
- 1 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
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 +15.0/15.0
- Cash flow +7.7/30.0
- Schools +5.7/10.0
- 1% rule +5.1/10.0
- Livability +3.9/5.0
- Condition / age +3.8/5.0
- Rent growth +3.6/5.0
- DSCR +1.8/10.0
- Appreciation +0.0/10.0
$399,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Rarely available southern exposure in Tierra Del Mar South, directly across the street from Boca Raton's beach. Residence 232 at 951 De Soto Road is a bright 2-bedroom, 2-bath home with nearly 1,100 square feet. The south-facing balcony brings natural light in from morning to evening and gives you a private spot for coffee, sunset or an ocean breeze. This residence is a true opportunity to bring your own vision to the beach, with a great layout and a location that can't be replicated. The building has renovated its lobby and hallways, so you arrive to a polished, welcoming entrance while you make the residence your own.
Key facts
- South facing balcony
- Renovated lobby
- Renovated hallways
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $399k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-536 ($-6k/yr) — negative.
- To cash-flow at today's rent, offer at most $321k (19.4% below list).
- Meets the 1% rule at list price ($4k rent vs $399k).
- Recommended offer: $321k (19.4% below list) — sets the bar for cash-flow.
- Cap rate 4.9% 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: 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); 708 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 93d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 70% 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).
- At $4,023/mo this rent would consume 45% of the median local household income ($107k/yr) (locally 15% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $12k 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 18 days — a 2% lower offer ($393k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts 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.
Risks & watch-outs
- Watch-outs: flood insurance adds $66/mo; HOA is 22% of rent.
- Climate carrying-cost: major flood risk; 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?
- Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- 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?
- 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?
- 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?
- 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
- 1.01% ✓
- Cap rate
- 4.88%
- Cash-on-cash
- -5.04%
- DSCR
- 0.78
- GRM
- 8.3
CMA / ARV
- ARV (median comp)
- $528,515
- List price
- $399,000
- Delta
- -24.51%
- 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 |
|---|---|---|---|---|---|---|---|
| 1111 S Ocean Blvd #315 | 0.05mi | 2/2.0 | 1,093 (0%) | 0mo | $330,000 | $302 | 97 |
| 8 Royal Palm Way #401 | 1.25mi | 2/2.0 | 1,095 (+0%) | 1mo | $280,000 | $256 | 64 |
| 17 Royal Palm Way #302 | 1.41mi | 2/2.0 | 1,130 (+3%) | 1mo | $305,000 | $270 | 58 |
| 701 E Camino Real Unit 4b | 0.39mi | 2/2.0 | 1,280 (+17%) | 1mo | $725,000 | $566 | 56 |
| 1931 NE 2nd St #301 | 1.25mi | 2/2.0 | 1,001 (-8%) | 0mo | $525,000 | $524 | 51 |
| 600 S Ocean Blvd #103 | 0.65mi | 2/2.0 | 1,352 (+24%) | 0mo | $1,165,000 | $862 | 44 |
| 1629 Riverview Rd #420 | 1.41mi | 2/2.0 | 1,233 (+13%) | 0mo | $499,900 | $405 | 44 |
| 2851 S Ocean Blvd #0086 | 0.77mi | 1/1.0 (-1) | 985 (-10%) | 0mo | $305,000 | $310 | 39 |
| 99 SE Mizner Blvd #345 | 1.19mi | 2/2.0 | 1,310 (+20%) | 1mo | $650,000 | $496 | 39 |
| 1427 E Hillsboro Blvd #628 | 1.44mi | 2/2.0 | 1,255 (+15%) | 1mo | $488,000 | $389 | 39 |
| 100 Royal Palm Way #2010 | 1.09mi | 2/1.5 | 941 (-14%) | 2mo | $220,000 | $234 | 39 |
| 535 NE 8th Ave | 1.31mi | 3/2.0 (+1) | 1,268 (+16%) | 1mo | $1,075,000 | $848 | 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 · 4.56% rent growth · sell at horizon
- IRR
- -23.5%
- Equity multiple
- 0.18×
- Total profit
- $-91,717
- Equity at exit
- $59,492
- IRR
- -13.1%
- Equity multiple
- 0.16×
- Total profit
- $-94,004
- Equity at exit
- $34,498
Cash invested: $111,720 (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
- 7 active · 2 under contract
- Median asking
- $475,000 ($423/sqft)
- Median days on market
- 56 d
- This list price
- 29% of active listings are priced below it
- ARV vs active asking
- +14.3% 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
- 708
- Price-to-rent
- 8.3×
Monthly cashflow live
- Estimated rent
- $4,023 high interval (Pro) →
- Mortgage (P&I)
- −$2,092
- Tax est. 1.5%
- −$499 /mo · $5,985/yr
- Insurance
- −$166
- Flood insurance flood zone
- −$66 /mo · $798/yr
- HOA
- −$890
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$845
- Net cashflow
- $-536
Break-even live
Sensitivity live
| Price | -10% $-260 | -5% $-398 | +0% $-536 | +5% $-674 | +10% $-811 |
|---|---|---|---|---|---|
| Rent | -10% $-854 | -5% $-695 | +0% $-536 | +5% $-377 | +10% $-218 |
| Rate | -1.0pp $-335 | -0.5pp $-434 | base $-536 | +0.5pp $-639 | +1.0pp $-744 |
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
- $99,750
- Closing costs
- $11,970
- 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 |
|---|---|---|---|---|---|---|---|---|
| 1111 S Ocean Blvd Boca Raton, FL | 2.0–3.0 | 2.0–2.5 | 1313 | $2,500 | $1.90 | 165d | 3 | 0.08mi |
| 1111 S Ocean Blvd Boca Raton, FL | 2.0 | 2.0 | 1170 | $4,150 | $3.55 | 53d | 1 | 0.08mi |
| 1111 S Ocean Blvd #4210 Boca Raton, FL | 2.0 | 2.0 | 1093 | $5,500 | $5.03 | 87d | 1 | 0.10mi |
| 1111 S Ocean Blvd Apt 213 Boca Raton, FL | 2.0 | 2.0 | 1170 | $5,000 | $4.27 | 23d | 1 | 0.10mi |
| 1111 S Ocean Blvd Apt 213 Boca Raton, FL | 2.0 | 2.0 | 1170 | $5,000 | $4.27 | 10d | 1 | 0.10mi |
| 950 Ponce de Leon Rd #3120 Boca Raton, FL | 2.0 | 2.0 | 1170 | $2,995 | $2.56 | 146d | 1 | 0.13mi |
| 950 Ponce de Leon Rd #5110 Boca Raton, FL | 2.0 | 2.0 | 1170 | $3,700 | $3.16 | 95d | 1 | 0.13mi |
| 950 Ponce de Leon Rd #5010 Boca Raton, FL | 2.0 | 2.0 | 1170 | $3,500 | $2.99 | 10d | 1 | 0.13mi |
| 950 Ponce de Leon Rd #4030 Boca Raton, FL | 2.0 | 2.0 | 1093 | $3,000 | $2.74 | 132d | 1 | 0.13mi |
| 950 Ponce de Leon Rd Boca Raton, FL | 2.0 | 2.0 | 1131 | $2,850 | $2.52 | 127d | 2 | 0.13mi |
| 950 Ponce de Leon Rd Boca Raton, FL | 2.0 | 2.0 | 1170 | $3,600 | $3.08 | 92d | 2 | 0.13mi |
| 1180 S Ocean Blvd #55 Boca Raton, FL | 2.0 | 2.0 | 1300 | $4,000 | $3.08 | 158d | 1 | 0.13mi |
| 1200 S Ocean Blvd Unit 17C Boca Raton, FL | 2.0 | 2.0 | 1230 | $4,500 | $3.66 | 165d | 1 | 0.15mi |
| 1200 S Ocean Blvd Unit 12G Boca Raton, FL | 2.0 | 2.0 | 1230 | $7,500 | $6.10 | 92d | 1 | 0.15mi |
| 1200 S Ocean Blvd Boca Raton, FL | 2.0 | 2.0 | 1230 | $6,000 | $4.88 | 115d | 2 | 0.15mi |
| 1001 E Camino Real #1050 Boca Raton, FL | 2.0 | 2.0 | 1269 | $4,500 | $3.55 | 10d | 1 | 0.25mi |
| 1001 E Camino Real #2030 Boca Raton, FL | 2.0 | 2.0 | 1269 | $7,500 | $5.91 | 65d | 1 | 0.25mi |
| 1001 E Camino Real #1050 Boca Raton, FL | 2.0 | 2.0 | 1269 | $4,500 | $3.55 | 15d | 1 | 0.25mi |
| 800 E Camino Real #408 Boca Raton, FL | 2.0 | 2.0 | 1400 | $4,000 | $2.86 | 165d | 1 | 0.28mi |
| 800 E Camino Real #305 Boca Raton, FL | 2.0 | 2.0 | 1300 | $5,500 | $4.23 | 6d | 1 | 0.28mi |
| 800 E Camino Real #305 Boca Raton, FL | 2.0 | 2.0 | 1300 | $5,500 | $4.23 | 25d | 1 | 0.28mi |
| 800 E Camino Real Apt 203 Boca Raton, FL | 2.0 | 2.0 | 1400 | $3,000 | $2.14 | 74d | 1 | 0.28mi |
| 1035 Spanish River Rd Boca Raton, FL | 2.0 | 2.0 | 850 | $3,500 | $4.12 | 64d | 1 | 0.30mi |
| 1035 Spanish River Rd Unit 108 Boca Raton, FL | 1.0 | 1.0 | 850 | $3,250 | $3.82 | 165d | 1 | 0.30mi |
| 1000 Spanish River Rd Boca Raton, FL | 2.0 | 2.0 | 1377 | $2,525 | $1.83 | 110d | 3 | 0.31mi |
| 1000 Spanish River Rd Boca Raton, FL | 2.0 | 2.0 | 1377 | $2,775 | $2.02 | 93d | 2 | 0.31mi |
| 1000 Spanish River Rd Boca Raton, FL | 2.0 | 2.0 | 1377 | $2,550 | $1.85 | 10d | 2 | 0.31mi |
| 1000 Spanish River Rd Boca Raton, FL | 2.0 | 2.0 | 1377 | $2,525 | $1.83 | 100d | 3 | 0.31mi |
| 770 E Camino Real #50 Boca Raton, FL | 2.0 | 2.0 | 998 | $3,800 | $3.81 | 165d | 1 | 0.32mi |
| 901 E Camino Real Boca Raton, FL | 1.0–3.0 | 1.0–3.0 | 1800 | $11,498 | $6.39 | 89d | 2 | 0.38mi |
| 2700 Banyan Rd Unit 21C Boca Raton, FL | 2.0 | 2.0 | 965 | $3,700 | $3.83 | 15d | 1 | 0.63mi |
| 2700 Banyan Rd Unit 21C Boca Raton, FL | 2.0 | 2.0 | 965 | $3,700 | $3.83 | 10d | 1 | 0.63mi |
| 2730 Banyan Rd Unit B 1 Boca Raton, FL | 2.0 | 2.0 | 965 | $2,750 | $2.85 | 47d | 1 | 0.66mi |
| 2730 Banyan Rd Boca Raton, FL | 2.0 | 2.0 | 935 | $4,000 | $4.28 | 165d | 2 | 0.66mi |
| 2730 Banyan Rd #26 Boca Raton, FL | 2.0 | 2.0 | 905 | $5,400 | $5.97 | 144d | 1 | 0.66mi |
| 2760 Banyan Rd Unit 25A Boca Raton, FL | 2.0 | 2.0 | 905 | $2,500 | $2.76 | 159d | 1 | 0.69mi |
| 2851 S Ocean Blvd #122 Boca Raton, FL | 2.0 | 2.0 | 1356 | $3,000 | $2.21 | 163d | 1 | 0.74mi |
| 2851 S Ocean Blvd Boca Raton, FL | 1.0–2.0 | 1.0–2.0 | 1241 | $4,500 | $3.63 | 15d | 5 | 0.74mi |
| 2851 S Ocean Blvd Boca Raton, FL | 1.0–3.0 | 1.0–2.0 | 1241 | $3,575 | $2.88 | 110d | 6 | 0.74mi |
| 2851 S Ocean Blvd Boca Raton, FL | 1.0–2.0 | 1.0–2.0 | 1241 | $4,500 | $3.63 | 14d | 4 | 0.74mi |
Property features AI
Finance
- Financial info
- Monthly association fee of $890
- HOA & community
- ClubhouseElevatorPoolShuffleboard courtStorageBike storageAssociation fees include cable TV, insurance, building maintenance, pest control, security, trash, water, and elevator servicePets not allowed
Exterior
- Parking
- 2 assigned parking spaces
- Security
- Building security
- Utilities
- Public waterPublic sewerCable available
- Home design
- Condominium5 storiesLiving area on the entry levelSouth-facing
- Construction
- CBS constructionTile roof
Interior
- Kitchen
- DishwasherMicrowaveRefrigerator
- Bedrooms
- 2 bedrooms on the main level
- Flooring
- Tile
- Bathrooms
- 2 full bathrooms
- Heating & cooling
- Central electric heatingCentral electric air conditioning
- Interior features
- Walk-in closetStacked bedroom layoutFurnishings negotiable
HOA detail $890/mo · $10,680/yr condo
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-11-08days on market $399,000 Active 18 DOM
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2026-11-07days on market $399,000 Active 17 DOM
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2026-11-06days on market $399,000 Active 16 DOM
-
2026-11-05days on market $399,000 Active 15 DOM
-
2026-11-04days on market $399,000 Active 14 DOM
-
2026-11-02days on market $399,000 Active 12 DOM
-
2026-11-01days on market $399,000 Active 11 DOM
-
2026-10-31days on market $399,000 Active 10 DOM
-
2026-10-30days on market $399,000 Active 9 DOM
-
2026-10-29days on market $399,000 Active 8 DOM
-
2026-10-28days on market $399,000 Active 7 DOM
-
2026-10-27days on market $399,000 Active 6 DOM
-
2026-10-26days on market $399,000 Active 5 DOM
-
2026-10-26days on market $399,000 Active 4 DOM
-
2026-10-24days on market $399,000 Active 3 DOM
-
2026-10-23days on market $399,000 Active 2 DOM
-
2026-10-21days on market $399,000 Active 1 DOM
-
2026-07-20days on market $399,000 Active 94 DOM
-
2026-07-18days on market $399,000 Active 92 DOM
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2026-07-18days on market $399,000 Active 91 DOM
-
2026-07-16days on market $399,000 Active 90 DOM
-
2026-07-15days on market $399,000 Active 89 DOM
-
2026-07-14days on market $399,000 Active 88 DOM
-
2026-07-13days on market $399,000 Active 87 DOM
-
2026-07-13days on market $399,000 Active 86 DOM
-
2026-07-12days on market $399,000 Active 85 DOM
-
2026-07-10days on market $399,000 Active 84 DOM
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2026-07-09days on market $399,000 Active 83 DOM
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2026-07-07days on market $399,000 Active 81 DOM
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2026-07-06days on market $399,000 Active 80 DOM
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2026-07-06days on market $399,000 Active 79 DOM
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2026-07-05days on market $399,000 Active 78 DOM
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2026-07-03days on market $399,000 Active 77 DOM
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2026-07-02days on market $399,000 Active 76 DOM
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2026-07-01days on market $399,000 Active 75 DOM
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2026-06-30days on market $399,000 Active 74 DOM
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2026-06-29days on market $399,000 Active 73 DOM
-
2026-06-28days on market $399,000 Active 72 DOM
-
2026-06-27days on market $399,000 Active 71 DOM
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2026-06-26days on market $399,000 Active 70 DOM
-
2026-06-24days on market $399,000 Active 68 DOM
-
2026-06-22days on market $399,000 Active 66 DOM
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2026-06-21days on market $399,000 Active 65 DOM
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2026-06-18days on market $399,000 Active 62 DOM
-
2026-06-17days on market $399,000 Active 61 DOM
-
2026-06-16days on market $399,000 Active 60 DOM
-
2026-06-15days on market $399,000 Active 59 DOM
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2026-06-13days on market $399,000 Active 57 DOM
-
2026-06-09days on market $399,000 Active 53 DOM
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2026-06-08days on market $399,000 Active 52 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 7/10 Severe FEMA zone X (shaded) · 91% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 10/10 Extreme 7 d/yr ≥106°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 1 unhealthy d/yr today · 3 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
- $48,275
- − Mortgage interest
- −$22,350
- − Property taxes
- −$5,985
- − Insurance
- −$2,792
- − Repairs & maintenance
- −$3,862
- − Management
- −$3,862
- − HOA
- −$10,680
- − Depreciation
- −$11,607
- Taxable loss
- −$12,864
- Est. tax savings @ 24.0%
- +$3,087
- After-tax cash flow
- $-3,342/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 · 12 photos
This well-maintained 2-bedroom, 2-bathroom condo in Tierra Del Mar offers a bright, comfortable living space with a southern exposure and direct beach access. The home is in good condition with minor updates needed to enhance its resale and rental value.
Value-add opportunities
- Both Paint the ceiling tiles — Enhances the overall appearance and can be a quick, low-cost improvement. ↑
- Both Replace the chandelier (moderate) — A dated chandelier can be replaced with a modern one to improve the aesthetic and value. ↑
- Both Replace the kitchen appliances (moderate) — Modern appliances can improve functionality and appeal to potential buyers/renters. ↑
- Both Replace the bathroom fixtures (moderate) — Modern fixtures can improve functionality and appeal to potential buyers/renters. ↑
- Both Landscaping and curb appeal (minor) — A well-maintained exterior can enhance the home's curb appeal and value. ↑
- Both Replace the ceiling tiles (minor) — A fresh coat of paint can improve the overall appearance and value of the home. ↑
ⓘ 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
- 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
- Severe rent burden
- 15% 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 (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%
- Languages at home
- 77% English-only · Spanish 13% Other Indo-European 3% French/Haitian/Cajun 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
- ▼ -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
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
-11.3% since first listed6 events — show timeline
- 2026-10-21 Listed $399,000 Beaches MLS
- 2026-07-20 Listing Removed — Beaches MLS
- 2026-04-17 Listing Removed — Beaches MLS
- 2026-04-17 Listed $399,000 Beaches MLS
- 2026-03-13 Price Changed $419,000 Beaches MLS
- 2026-02-19 Listed $449,900 Beaches MLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…