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 +5.7/30.0
- Schools +5.7/10.0
- 1% rule +4.0/10.0
- Livability +3.9/5.0
- Condition / age +3.8/5.0
- Rent growth +3.6/5.0
- DSCR +0.1/10.0
- Appreciation +0.0/10.0
$399,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Unbeatable value in East Boca Raton with rare southern exposure, directly across the street from the beach. Welcome to 951 De Soto Road, Residence 232, an exceptional opportunity to own in the highly desirable Tierra Del Mar community, positioned just across the street from Boca Raton's pristine shoreline. This beautifully maintained 2-bedroom, 2-bathroom residence offers nearly 1,100 square feet of bright, comfortable living space, thoughtfully updated to blend timeless style with everyday functionality. Natural light fills the interiors with a south facing balcony, creating an inviting coastal atmosphere ideal for both full-time living and seasonal enjoyment.
Key facts
- South facing balcony
- $890 HOA
- 2 parking spots
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 $-890 ($-11k/yr) — negative.
- To cash-flow at today's rent, offer at most $270k (32.3% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $357k (10.4% below list).
- Recommended offer: $270k (32.3% 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); 558 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 39d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 58% 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 40% 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 $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 94 days — a 9% lower offer ($363k) is reasonable based on typical stale-listing flexibility.
- 2 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 25% 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?
- It's been on market 94 days. Have you received any prior offers? Is the seller open to a 32% concession, seller financing, or rate buy-down credit?
- Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What'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?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- 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
- 0.90% ✗
- Cap rate
- 3.82%
- Cash-on-cash
- -8.85%
- DSCR
- 0.61
- GRM
- 9.3
CMA / ARV
- ARV (median comp)
- $509,209
- List price
- $399,000
- Delta
- -21.64%
- 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 #5140 | 0.07mi | 2/2.0 | 1,170 (+7%) | 1mo | $530,000 | $453 | 84 |
| 1931 NE 2nd St #303 | 1.25mi | 2/2.0 | 1,109 (+2%) | 1mo | $515,000 | $464 | 61 |
| 10 SE 13th St Unit C3 | 0.95mi | 2/2.0 | 1,120 (+2%) | 0mo | $175,000 | $156 | 60 |
| 1 Royal Palm Way #201 | 1.15mi | 2/2.0 | 1,130 (+3%) | 1mo | $285,000 | $252 | 59 |
| 2000 S Ocean Blvd Unit 17g | 0.42mi | 2/2.0 | 1,236 (+13%) | 2mo | $1,300,000 | $1,052 | 57 |
| 333 NE 21st Ave #1522 | 1.13mi | 2/2.0 | 1,050 (-4%) | 2mo | $740,000 | $705 | 57 |
| 330 N Federal Hwy #408 | 1.25mi | 2/2.0 | 993 (-9%) | 1mo | $305,000 | $307 | 49 |
| 1968 NE 3rd St #1 | 1.20mi | 2/2.5 | 1,224 (+12%) | 0mo | $609,000 | $498 | 43 |
| 1629 Riverview Rd #620 | 1.41mi | 2/2.0 | 1,233 (+13%) | 2mo | $415,000 | $337 | 42 |
| 103 NE 19th Ave #232 | 1.34mi | 2/2.0 | 941 (-14%) | 2mo | $320,000 | $340 | 40 |
| 1319 E Hillsboro Blvd #111 | 1.43mi | 2/2.0 | 1,255 (+15%) | 0mo | $325,000 | $259 | 40 |
| 99 SE Mizner Blvd #223 | 1.19mi | 1/1.0 (-1) | 890 (-19%) | 0mo | $563,000 | $633 | 31 |
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
- -30.6%
- Equity multiple
- -0.03×
- Total profit
- $-115,015
- Equity at exit
- $59,492
- IRR
- -23.9%
- Equity multiple
- -0.31×
- Total profit
- $-146,419
- 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
- +10.1% 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
- 558
- Price-to-rent
- 9.3×
Monthly cashflow live
- Estimated rent
- $3,574 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
- −$751
- Net cashflow
- $-890
Break-even live
Sensitivity live
| Price | -10% $-614 | -5% $-752 | +0% $-890 | +5% $-1,028 | +10% $-1,166 |
|---|---|---|---|---|---|
| Rent | -10% $-1,173 | -5% $-1,031 | +0% $-890 | +5% $-749 | +10% $-608 |
| Rate | -1.0pp $-689 | -0.5pp $-789 | base $-890 | +0.5pp $-994 | +1.0pp $-1,099 |
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 #414 Boca Raton, FL | 2.0 | 2.0 | 1170 | $3,300 | $2.82 | 8d | 1 | 0.08mi |
| 1111 S Ocean Blvd Boca Raton, FL | 2.0–3.0 | 2.0–2.5 | 1313 | $2,500 | $1.90 | 73d | 3 | 0.08mi |
| 950 Ponce de Leon Rd #4030 Boca Raton, FL | 2.0 | 2.0 | 1093 | $3,000 | $2.74 | 40d | 1 | 0.13mi |
| 950 Ponce de Leon Rd #5110 Boca Raton, FL | 2.0 | 2.0 | 1170 | $3,700 | $3.16 | 3d | 1 | 0.13mi |
| 950 Ponce de Leon Rd #3120 Boca Raton, FL | 2.0 | 2.0 | 1170 | $2,995 | $2.56 | 54d | 1 | 0.13mi |
| 950 Ponce de Leon Rd #5010 Boca Raton, FL | 2.0 | 2.0 | 1170 | $3,500 | $2.99 | 73d | 1 | 0.13mi |
| 950 Ponce de Leon Rd Boca Raton, FL | 2.0 | 2.0 | 1170 | $3,600 | $3.08 | 0d | 2 | 0.13mi |
| 950 Ponce de Leon Rd Boca Raton, FL | 2.0 | 2.0 | 1131 | $2,850 | $2.52 | 36d | 2 | 0.13mi |
| 1180 S Ocean Blvd #55 Boca Raton, FL | 2.0 | 2.0 | 1300 | $4,000 | $3.08 | 66d | 1 | 0.13mi |
| 1200 S Ocean Blvd Unit 17C Boca Raton, FL | 2.0 | 2.0 | 1230 | $4,500 | $3.66 | 73d | 1 | 0.15mi |
| 1200 S Ocean Blvd Unit 12G Boca Raton, FL | 2.0 | 2.0 | 1230 | $7,500 | $6.10 | 0d | 1 | 0.15mi |
| 1200 S Ocean Blvd Boca Raton, FL | 2.0 | 2.0 | 1230 | $6,000 | $4.88 | 24d | 2 | 0.15mi |
| 800 E Camino Real #408 Boca Raton, FL | 2.0 | 2.0 | 1400 | $4,000 | $2.86 | 73d | 1 | 0.28mi |
| 800 E Camino Real Apt 203 Boca Raton, FL | 2.0 | 2.0 | 1350 | $3,150 | $2.33 | 10d | 1 | 0.28mi |
| 1035 Spanish River Rd Unit 108 Boca Raton, FL | 1.0 | 1.0 | 850 | $3,250 | $3.82 | 73d | 1 | 0.30mi |
| 1000 Spanish River Rd Boca Raton, FL | 2.0 | 2.0 | 1377 | $2,525 | $1.83 | 8d | 3 | 0.31mi |
| 1000 Spanish River Rd Boca Raton, FL | 2.0 | 2.0 | 1377 | $2,525 | $1.83 | 19d | 3 | 0.31mi |
| 1000 Spanish River Rd Boca Raton, FL | 2.0 | 2.0 | 1377 | $2,775 | $2.02 | 1d | 2 | 0.31mi |
| 770 E Camino Real #50 Boca Raton, FL | 2.0 | 2.0 | 998 | $3,800 | $3.81 | 73d | 1 | 0.32mi |
| 770 E Camino Real #40 Boca Raton, FL | 2.0 | 2.0 | 1221 | $4,200 | $3.44 | 4d | 1 | 0.32mi |
| 1015 Spanish River Rd Boca Raton, FL | 2.0 | 2.0 | 1190 | $4,000 | $3.36 | 38d | 5 | 0.35mi |
| 901 E Camino Real Unit 1C Boca Raton, FL | 1.0 | 1.0 | 1171 | $9,995 | $8.54 | 3d | 1 | 0.39mi |
| 2730 Banyan Rd #26 Boca Raton, FL | 2.0 | 2.0 | 905 | $5,400 | $5.97 | 52d | 1 | 0.66mi |
| 2730 Banyan Rd Boca Raton, FL | 2.0 | 2.0 | 935 | $4,000 | $4.28 | 73d | 2 | 0.66mi |
| 2760 Banyan Rd Unit 25A Boca Raton, FL | 2.0 | 2.0 | 905 | $2,500 | $2.76 | 68d | 1 | 0.69mi |
| 2851 S Ocean Blvd Apt 6C Boca Raton, FL | 1.0 | 1.0 | 985 | $3,600 | $3.65 | 48d | 1 | 0.74mi |
| 2851 S Ocean Blvd #122 Boca Raton, FL | 2.0 | 2.0 | 1356 | $3,000 | $2.21 | 71d | 1 | 0.74mi |
| 2851 S Ocean Blvd Boca Raton, FL | 1.0–2.0 | 1.0–2.0 | 1241 | $4,500 | $3.63 | 21d | 5 | 0.74mi |
| 2851 S Ocean Blvd Boca Raton, FL | 1.0–3.0 | 1.0–2.0 | 1241 | $3,575 | $2.88 | 19d | 6 | 0.74mi |
| 550 S Ocean Blvd #1009 Boca Raton, FL | 2.0 | 2.0 | 1351 | $10,000 | $7.40 | 73d | 1 | 0.77mi |
| 1361 S Federal Hwy Boca Raton, FL | 1.0 | 1.0 | 750 | $2,324 | $3.10 | 57d | 1 | 0.79mi |
| 500 S Ocean Blvd #1009 Boca Raton, FL | 2.0 | 2.0 | 1351 | $10,000 | $7.40 | 57d | 1 | 0.79mi |
| 500 S Ocean Blvd #1207 Boca Raton, FL | 2.0 | 2.0 | 1446 | $14,000 | $9.68 | 73d | 1 | 0.79mi |
| 2929 S Ocean Blvd #5010 Boca Raton, FL | 2.0 | 2.0 | 999 | $3,250 | $3.25 | 16d | 1 | 0.80mi |
| 2929 S Ocean Blvd #4100 Boca Raton, FL | 2.0 | 2.0 | 999 | $3,300 | $3.30 | 25d | 1 | 0.80mi |
| 2929 S Ocean Blvd #5060 Boca Raton, FL | 1.0 | 1.5 | 760 | $2,400 | $3.16 | 15d | 1 | 0.80mi |
| 2929 S Ocean Blvd #2120 Boca Raton, FL | 1.0 | 1.5 | 760 | $2,300 | $3.03 | 25d | 1 | 0.80mi |
| 2929 S Ocean Blvd #5060 Boca Raton, FL | 1.0 | 1.5 | 760 | $2,700 | $3.55 | 34d | 1 | 0.80mi |
| 1401 S Federal Hwy Boca Raton, FL | 2.0 | 2.5 | 1281 | $2,350 | $1.83 | 38d | 2 | 0.80mi |
| 1401 S Federal Hwy Boca Raton, FL | 2.0 | 2.5 | 1248 | $2,500 | $2.00 | 66d | 2 | 0.80mi |
Property features AI
Finance
- HOA & community
- Association: Royale ManagementMonthly HOA fee of $890HOA includes cable TV, insurance, building maintenance, pest control, security, trash, water, elevatorCommunity amenities: clubhouse, elevators, pool, shuffleboard court, storage, bike storage
Exterior
- Parking
- Assigned parking (2 spaces, open)
- Security
- Building security
- Utilities
- Public waterPublic sewerCable availableWater availableSewer available
- Home design
- CondominiumResale conditionSouth-facing5-story buildingBuilding name: TIERRA DEL MAR SOUTH
- Construction
- CBS constructionTile roof
- Exterior features
- No waterfrontEast of US-1 frontageEntry-level living area
Interior
- Kitchen
- DishwasherMicrowaveRefrigerator
- Bedrooms
- 2 bedrooms on the main level
- Flooring
- Tile flooring
- Bathrooms
- 2 full bathrooms on the main level
- Heating & cooling
- Central electric heatingCentral air conditioning (electric)
- Interior features
- Walk-in closetsStacked bedroom layoutNegotiable furnishings
HOA detail $890/mo · $10,680/yr condo
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 43 events
-
2026-07-20days on market $399,000 Active 94 DOM
-
2026-07-18days on market $399,000 Active 92 DOM
-
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
-
2026-07-09days on market $399,000 Active 83 DOM
-
2026-07-07days on market $399,000 Active 81 DOM
-
2026-07-06days on market $399,000 Active 80 DOM
-
2026-07-06days on market $399,000 Active 79 DOM
-
2026-07-05days on market $399,000 Active 78 DOM
-
2026-07-03days on market $399,000 Active 77 DOM
-
2026-07-02days on market $399,000 Active 76 DOM
-
2026-07-01days on market $399,000 Active 75 DOM
-
2026-06-30days on market $399,000 Active 74 DOM
-
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
-
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
-
2026-06-21days on market $399,000 Active 65 DOM
-
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
-
2026-06-13days on market $399,000 Active 57 DOM
-
2026-06-09days on market $399,000 Active 53 DOM
-
2026-06-08days on market $399,000 Active 52 DOM
-
2026-06-07days on market $399,000 Active 51 DOM
-
2026-06-04days on market $399,000 Active 48 DOM
-
2026-06-03days on market $399,000 Active 47 DOM
-
2026-06-02days on market $399,000 Active 46 DOM
-
2026-06-01days on market $399,000 Active 45 DOM
-
2026-05-31days on market $399,000 Active 44 DOM
-
2026-04-17historical
-
2026-04-17$399,000 Active
-
2026-03-13price $419,000
-
2026-02-19$449,900 Active
ⓘ 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
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $42,891
- − Mortgage interest
- −$22,350
- − Property taxes
- −$5,985
- − Insurance
- −$2,792
- − Repairs & maintenance
- −$3,431
- − Management
- −$3,431
- − HOA
- −$10,680
- − Depreciation
- −$11,607
- Taxable loss
- −$17,387
- Est. tax savings @ 24.0%
- +$4,173
- After-tax cash flow
- $-6,510/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%
- 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%
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 listed4 events — show timeline
- 2026-04-17 Listed $399,000 Beaches MLS
- 2026-04-17 Listing Removed — 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…