2540 Boundbrook Blvd #209 · Palm Springs, FL
Flood risk 3/10 · Minor
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.2%
- 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 105°F)
- 7 days/yr
- Hot days in 30 yrs
- 26 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
- 0 days/yr
- Unhealthy air days in 30 yrs
- 2 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).
- Cash flow +10.9/30.0
- 1% rule +8.3/10.0
- ARV discount +7.5/15.0
- Schools +4.3/10.0
- Livability +3.7/5.0
- DSCR +3.2/10.0
- Rent growth +2.7/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$155,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome home to this spacious and welcoming 2 bed/2 ba condo with abundant natural light, large inviting Living Room with volume ceiling, high windows, and sliding doors to extra large screened porch extending the length of the condo with access from both bedrooms as well. Primary bedroom is spacious and has en-suite bath, changing area, and large walk-in closet. Second bedroom is ample size with plenty of closet space. Hardwood/vinyl/ceramic tile flooring throughout. W/ D hook up in unit. Come enjoy this tranquil 55+ community. Management is onsite. Community offers a clubhouse, outdoor BBQ area, covered patio, swimming pool, game room and shuffle board. Close to shopping, restaurants, pharmacy, and the beaches. OK to lease after 2 years of ownership. No Dogs. Cats OK
Key facts
- Turn-key condo
- En-suite bathroom
- Large walk-in closet
Tags
Property features AI
Finance
- Other: Senior community; Pets allowed with restrictions (cats only; no dogs; pet restrictions possible)
- HOA & community: Community pool; Clubhouse; Picnic area; Shuffleboard court; Monthly HOA includes cable TV, water, grounds maintenance and common area maintenance; Monthly HOA fee
Exterior
- Parking: Assigned parking
- Utilities: Cable available
- Home design: Condominium; Resale; East-facing; 2 stories
- Construction: Concrete construction
- Exterior features: Not waterfront; No waterfront features
Interior
- Kitchen: Disposal; Dishwasher; Electric range; Microwave; Refrigerator
- Bedrooms: 2 bedrooms on the main level
- Flooring: Ceramic tile; Vinyl; Wood
- Bathrooms: 2 full bathrooms on the main level
- Heating & cooling: Central heating; Central building cooling
- Interior features: High ceilings; Walk-in closet(s); Furnished
- Laundry & utility: Laundry inside
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $155k.
Deal economics
- At list price, monthly cash flow is $-68 ($-815/yr) — negative.
- To cash-flow at today's rent, offer at most $143k (7.7% below list).
- Meets the 1% rule at list price ($2k rent vs $155k).
- Recommended offer: $136k (12.0% below list) — sets the bar for market timing.
Location & tenants
- Location reads 73/100 on livability (#297 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A; Watch: employment D+, amenities F, commute 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: Meadow Park Elementary School (math 64% / reading 73%, grade B+, #409 of 2,144 statewide, top 20%, 809 students, 65% FRL); Conniston Middle School (math 35% / reading 38%, grade F, #405 of 571 statewide, top 72%, 1,075 students, 74% FRL); Forest Hill Community High School (math 20% / reading 41%, grade F, #434 of 667 statewide, top 66%, 2,407 students, 66% FRL) — zoned schools average 68% FRL vs 52% district-wide (16 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Market conditions: Rents flat; 100 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); 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 ($77k/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 $1k of loan paydown is wiped out by about $5k 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 136 days — a 12% lower offer ($136k) is reasonable based on typical stale-listing flexibility.
- 4 sale attempts since 24y ago; this cycle's ask has dropped $15k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: HOA is 34% of rent.
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→26/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 136 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1970 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- 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 D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- 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
- 1.33% ✓
- Cap rate
- 5.77%
- Cash-on-cash
- -1.88%
- DSCR
- 0.92
- GRM
- 6.3
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 0.68% rent growth · sell at horizon
- IRR
- -23.4%
- Equity multiple
- 0.22×
- Total profit
- $-33,721
- Equity at exit
- $23,111
- IRR
- -32.6%
- Equity multiple
- -0.19×
- Total profit
- $-51,637
- Equity at exit
- $13,402
Cash invested: $43,400 (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
ZIP-level market 33406
- Rents YoY
- 0.7%
- Active inventory
- 100
- Price-to-rent
- 6.3×
Monthly cashflow live
- Estimated rent
- $2,057 high interval (Pro) →
- Mortgage (P&I)
- −$813
- Tax from tax record
- −$110 /mo · $1,317/yr
- Insurance
- −$65
- HOA
- −$706
- Vacancy / Maint / Mgmt
- −$432
- Net cashflow
- $-68
Break-even live
Sensitivity live
| Price | -10% $20 | -5% $-24 | +0% $-68 | +5% $-112 | +10% $-156 |
|---|---|---|---|---|---|
| Rent | -10% $-230 | -5% $-149 | +0% $-68 | +5% $13 | +10% $95 |
| Rate | -1.0pp $10 | -0.5pp $-28 | base $-68 | +0.5pp $-108 | +1.0pp $-149 |
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
- $38,750
- Closing costs
- $4,650
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- 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 |
|---|---|---|---|---|---|---|---|---|
| 230 Lake Arbor Dr Palm Springs, FL | 2.0 | 2.0 | 1232 | $2,200 | $1.79 | 26d | 1 | 0.15mi |
| 2581 Garden Dr N #203 Lake Worth, FL | 2.0 | 2.0 | 894 | $1,650 | $1.85 | 9d | 1 | 0.20mi |
| 2581 Garden Dr N #203 Lake Worth, FL | 2.0 | 2.0 | 894 | $1,650 | $1.85 | 16d | 1 | 0.20mi |
| 2791 S Florida Mango Rd Lake Worth, FL | 2.0 | 2.0 | 1100 | $1,995 | $1.81 | 22d | 1 | 0.21mi |
| 2721 Garden Dr N #105 Lake Worth, FL | 2.0 | 1.0 | 894 | $1,800 | $2.01 | 22d | 1 | 0.26mi |
| 2668 Garden Dr N #312 Lake Worth, FL | 2.0 | 2.0 | 1080 | $1,500 | $1.39 | 6d | 1 | 0.28mi |
| 2668 Garden Dr N #312 Lake Worth, FL | 2.0 | 2.0 | 1080 | $1,500 | $1.39 | 3d | 1 | 0.28mi |
| 331 Lake Arbor Dr Palm Springs, FL | 2.0 | 2.0 | 1232 | $2,300 | $1.87 | 26d | 1 | 0.29mi |
| 21 Lake Arbor Dr Palm Springs, FL | 2.0 | 2.5 | 1232 | $2,500 | $2.03 | 20d | 1 | 0.33mi |
| 2566 Garden Dr S Lake Worth Beach, FL | 1.0 | 1.0 | 744 | $1,395 | $1.88 | 26d | 1 | 0.38mi |
| 2724 Garden Dr S #207 Lake Worth, FL | 1.0 | 1.0 | 744 | $1,850 | $2.49 | 1d | 1 | 0.42mi |
| 2428 Waterside Dr Unit 2428 Lake Worth Beach, FL | 2.0 | 2.5 | 1400 | $2,250 | $1.61 | 26d | 1 | 0.48mi |
| 2856 Garden Dr S #112 Lake Worth, FL | 2.0 | 1.0 | 894 | $1,800 | $2.01 | 26d | 1 | 0.48mi |
| 2391 Waterside Dr Unit 22d Lake Worth, FL | 2.0 | 3.0 | 1328 | $2,600 | $1.96 | 26d | 1 | 0.56mi |
| 1742 W Terrace Dr Lake Worth Beach, FL | 2.0 | 1.5 | 1000 | $2,700 | $2.70 | 26d | 1 | 0.64mi |
| 100 Rex Ave Palm Springs, FL | 2.0 | 2.0 | 1000 | $1,850 | $1.85 | 26d | 3 | 0.66mi |
| 1905 Meadow Ct West Palm Beach, FL | 3.0 | 2.0 | 1222 | $7,000 | $5.73 | 26d | 1 | 0.70mi |
| 2508 10th Ave N Lake Worth Beach, FL | 2.0 | 1.0 | 800 | $1,672 | $2.09 | 12d | 1 | 0.71mi |
| 2508 10th Ave N Lake Worth Beach, FL | 3.0 | 2.0 | 1025 | $2,557 | $2.49 | 26d | 1 | 0.71mi |
| 2508 10th Ave N Lake Worth Beach, FL | 2.0 | 1.0 | 800 | $1,746 | $2.18 | 15d | 1 | 0.71mi |
| 910 Rudolf Rd Lake Worth, FL | 3.0 | 1.0 | 1000 | $2,500 | $2.50 | 26d | 1 | 0.74mi |
| 2901 10th Ave N Palm Springs, FL | 2.0 | 1.0 | 900 | $1,795 | $1.99 | 26d | 1 | 0.76mi |
| 2085 S Congress Ave Palm Springs, FL | 1.0–3.0 | 1.0–2.0 | 963 | $2,595 | $2.69 | 0d | 12 | 0.76mi |
| 220 Henthorne Dr Palm Springs, FL | 1.0–2.0 | 1.5–2.0 | 900 | $1,850 | $2.06 | 26d | 4 | 0.76mi |
| 3386 Rudolph Rd Lake Worth Beach, FL | 2.0 | 1.0 | 840 | $2,100 | $2.50 | 4d | 1 | 0.82mi |
| 3300 Boutwell Rd Lake Worth Beach, FL | 1.0–2.0 | 1.0–2.0 | 765 | $2,720 | $3.56 | 26d | 1 | 0.83mi |
| 225 Bonnie Blvd #116 Palm Springs, FL | 2.0 | 2.0 | 988 | $1,850 | $1.87 | 20d | 1 | 0.84mi |
| 225 Bonnie Blvd Palm Springs, FL | 1.0–2.0 | 1.5–2.0 | 944 | $1,850 | $1.96 | 26d | 2 | 0.84mi |
| 124 Abaco Dr Palm Springs, FL | 3.0 | 2.0 | 988 | $2,900 | $2.94 | 17d | 1 | 0.88mi |
| 3440 Rudolph Rd Unit 3440-03 Lake Worth Beach, FL | 2.0 | 2.0 | 935 | $2,100 | $2.25 | 20d | 1 | 0.89mi |
| 3431 Helena Dr Unit 3481-11 Lake Worth Beach, FL | 2.0 | 2.0 | 935 | $2,050 | $2.19 | 26d | 1 | 0.90mi |
| 3431 Helena Dr Lake Worth, FL | 2.0 | 2.0 | 935 | $2,075 | $2.22 | 15d | 2 | 0.90mi |
| 3481 Helena Dr Unit 11 Lake Worth Beach, FL | 2.0 | 2.0 | 935 | $2,050 | $2.19 | 26d | 1 | 0.92mi |
| 240 Alemeda Dr Palm Springs, FL | 1.0–2.0 | 1.0–2.0 | 825 | $1,850 | $2.24 | 26d | 3 | 0.92mi |
| 246 Cypress Ln Lake Worth Beach, FL | 1.0–2.0 | 1.0 | 850 | $1,750 | $2.06 | 26d | 2 | 0.93mi |
| 247 Cypress Ln Unit 246-C06 Palm Springs, FL | 2.0 | 1.0 | 850 | $1,750 | $2.06 | 26d | 1 | 0.94mi |
| 247 Cypress Ln Unit 246-C12 Palm Springs, FL | 2.0 | 1.0 | 850 | $1,750 | $2.06 | 7d | 1 | 0.94mi |
| 500 Bonnie Blvd #165 Palm Springs, FL | 1.0 | 1.5 | 782 | $1,350 | $1.73 | 26d | 1 | 0.97mi |
| 701 Lori Dr #204 Palm Springs, FL | 2.0 | 2.0 | 994 | $1,700 | $1.71 | 26d | 1 | 0.98mi |
| 1717 16th Ct N Lake Worth Beach, FL | 3.0 | 2.0 | 1360 | $3,250 | $2.39 | 26d | 1 | 0.98mi |
HOA detail condo
- Monthly dues
- $706 · $8,472/yr
- Likely covers
- pool
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 28 events
-
2026-06-21days on market $155,000 Active 136 DOM
-
2026-06-18days on market $155,000 Active 133 DOM
-
2026-06-17days on market $155,000 Active 132 DOM
-
2026-06-16days on market $155,000 Active 131 DOM
-
2026-06-15days on market $155,000 Active 130 DOM
-
2026-06-13days on market $155,000 Active 128 DOM
-
2026-06-09days on market $155,000 Active 124 DOM
-
2026-06-07days on market $155,000 Active 122 DOM
-
2026-06-04days on market $155,000 Active 119 DOM
-
2026-06-03days on market $155,000 Active 118 DOM
-
2026-06-01days on market $155,000 Active 116 DOM
-
2026-05-31days on market $155,000 Active 115 DOM
-
2026-04-09price $155,000
-
2026-02-12price $159,000
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2026-02-05$169,900 Active
-
2023-10-26soldstatus $142,000
-
2023-10-20soldstatus $142,000 Closed 779-char remark
Show marketing remark (779 chars)
Welcome home to this spacious and welcoming 2 bed/2 ba condo with abundant natural light, large inviting Living Room with volume ceiling, high windows, and sliding doors to extra large screened porch extending the length of the condo with access from both bedrooms as well. Primary bedroom is spacious and has en-suite bath, changing area, and large walk-in closet. Second bedroom is ample size with plenty of closet space. Hardwood/vinyl/ceramic tile flooring throughout. W/ D hook up in unit. Come enjoy this tranquil 55+ community. Management is onsite. Community offers a clubhouse, outdoor BBQ area, covered patio, swimming pool, game room and shuffle board. Close to shopping, restaurants, pharmacy, and the beaches. OK to lease after 2 years of ownership. No Dogs. Cats OK
-
2023-09-28historical Active Under Contract 779-char remark
Show marketing remark (779 chars)
Welcome home to this spacious and welcoming 2 bed/2 ba condo with abundant natural light, large inviting Living Room with volume ceiling, high windows, and sliding doors to extra large screened porch extending the length of the condo with access from both bedrooms as well. Primary bedroom is spacious and has en-suite bath, changing area, and large walk-in closet. Second bedroom is ample size with plenty of closet space. Hardwood/vinyl/ceramic tile flooring throughout. W/ D hook up in unit. Come enjoy this tranquil 55+ community. Management is onsite. Community offers a clubhouse, outdoor BBQ area, covered patio, swimming pool, game room and shuffle board. Close to shopping, restaurants, pharmacy, and the beaches. OK to lease after 2 years of ownership. No Dogs. Cats OK
-
2023-08-17price $155,000 779-char remark
Show marketing remark (779 chars)
Welcome home to this spacious and welcoming 2 bed/2 ba condo with abundant natural light, large inviting Living Room with volume ceiling, high windows, and sliding doors to extra large screened porch extending the length of the condo with access from both bedrooms as well. Primary bedroom is spacious and has en-suite bath, changing area, and large walk-in closet. Second bedroom is ample size with plenty of closet space. Hardwood/vinyl/ceramic tile flooring throughout. W/ D hook up in unit. Come enjoy this tranquil 55+ community. Management is onsite. Community offers a clubhouse, outdoor BBQ area, covered patio, swimming pool, game room and shuffle board. Close to shopping, restaurants, pharmacy, and the beaches. OK to lease after 2 years of ownership. No Dogs. Cats OK
-
2023-06-10$165,000 Active 779-char remark
Show marketing remark (779 chars)
Welcome home to this spacious and welcoming 2 bed/2 ba condo with abundant natural light, large inviting Living Room with volume ceiling, high windows, and sliding doors to extra large screened porch extending the length of the condo with access from both bedrooms as well. Primary bedroom is spacious and has en-suite bath, changing area, and large walk-in closet. Second bedroom is ample size with plenty of closet space. Hardwood/vinyl/ceramic tile flooring throughout. W/ D hook up in unit. Come enjoy this tranquil 55+ community. Management is onsite. Community offers a clubhouse, outdoor BBQ area, covered patio, swimming pool, game room and shuffle board. Close to shopping, restaurants, pharmacy, and the beaches. OK to lease after 2 years of ownership. No Dogs. Cats OK
-
2009-08-31soldstatus $53,000 475-char remark
Show marketing remark (475 chars)
BEAUTIFUL, LARGE, BRIGHT 2 BEDROOM 2 FULL BATH CONDO WITH VAULTED CEILING-CLERESTORY WINDOWS WITH ACCORDION HURRICAN SHUTTERS-BEAUTIFUL COMMUNITY WITH LGE HEATED POOL, CLUBHOUSE - WALK TO FOOD MARKET - 8 MIN. TO BEAUTIFUL BEACHES AND AIRPORT LARGE SCREENED IN BALCONY WITH STORM SHUTTERS - MINUTES TO I95 - WORLD CLASS SHOPPING AND RESTAURANTS - A VERY CONVENIENT LOCATION - MONTHLY FEE INCLUDES WATER, CABLE, POOL MAINTENANCE, INSURANCE FOR BLDG AND RESERVE - FURNITURE NEG.
-
2009-08-01historical 475-char remark
Show marketing remark (475 chars)
BEAUTIFUL, LARGE, BRIGHT 2 BEDROOM 2 FULL BATH CONDO WITH VAULTED CEILING-CLERESTORY WINDOWS WITH ACCORDION HURRICAN SHUTTERS-BEAUTIFUL COMMUNITY WITH LGE HEATED POOL, CLUBHOUSE - WALK TO FOOD MARKET - 8 MIN. TO BEAUTIFUL BEACHES AND AIRPORT LARGE SCREENED IN BALCONY WITH STORM SHUTTERS - MINUTES TO I95 - WORLD CLASS SHOPPING AND RESTAURANTS - A VERY CONVENIENT LOCATION - MONTHLY FEE INCLUDES WATER, CABLE, POOL MAINTENANCE, INSURANCE FOR BLDG AND RESERVE - FURNITURE NEG.
-
2009-07-24$55,000 475-char remark
Show marketing remark (475 chars)
BEAUTIFUL, LARGE, BRIGHT 2 BEDROOM 2 FULL BATH CONDO WITH VAULTED CEILING-CLERESTORY WINDOWS WITH ACCORDION HURRICAN SHUTTERS-BEAUTIFUL COMMUNITY WITH LGE HEATED POOL, CLUBHOUSE - WALK TO FOOD MARKET - 8 MIN. TO BEAUTIFUL BEACHES AND AIRPORT LARGE SCREENED IN BALCONY WITH STORM SHUTTERS - MINUTES TO I95 - WORLD CLASS SHOPPING AND RESTAURANTS - A VERY CONVENIENT LOCATION - MONTHLY FEE INCLUDES WATER, CABLE, POOL MAINTENANCE, INSURANCE FOR BLDG AND RESERVE - FURNITURE NEG.
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2002-06-19soldstatus $68,000
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2002-06-14soldstatus $68,000
-
2002-06-13historical
-
2002-01-06$68,000
-
1998-06-08soldstatus $44,000
ⓘ 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
- $1,317 · $110/mo
- Projected year-2 tax
- $1,317 · $110/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 3/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 10/10 Extreme 7 d/yr ≥105°F today · 26 d/yr by 30 yrs out
- Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 0 unhealthy d/yr today · 2 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $24,688
- − Mortgage interest
- −$8,682
- − Property taxes
- −$1,317
- − Insurance
- −$775
- − Repairs & maintenance
- −$1,975
- − Management
- −$1,975
- − HOA
- −$8,472
- − Depreciation
- −$4,509
- Taxable loss
- −$3,018
- Est. tax savings @ 24.0%
- +$724
- After-tax cash flow
- $-90/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Palm Beach
- NCES district ID
- 1201500
- Math proficiency
- 46% ▼ -16.00%
- Reading proficiency
- 53% ▼ -4.00%
- Median HH income
- $53,943
- Composite
- 42.72/100
- National rank
- #3160
- State rank
- #34 of 73 in FL
Livability — Palm Springs
- Score
- 73/100
- State rank
- #297
- US rank
- #5045
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Palm Beach County · 1,438,312 people
- City population
- 49,443
- Metro
- Miami-Fort Lauderdale-Pompano Beach, FL
- Population (ZIP)
- 26,945
- Household income
- $77,075
- Rent vs Own
- Severe rent burden
- 768.0
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
- Diverse neighborhood (Simpson 0.59)
- Race & ethnicity
- Hispanic / Latino 54% White 33% Two or more races 29% Black 8% Asian 3%
- Hispanic origin (detail)
- Mexican 8% Puerto Rican 5% Cuban 17% Dominican 5% Salvadoran 1%
- Common ancestry
- Hispanic 3% Lithuanian 2% Romanian 1%
- Foreign-born
- 39% · Canada, Jamaica, Vietnam
- Languages at home
- 45% English-only · Spanish 49% French/Haitian/Cajun 2% Other Indo-European 1%
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
- ▼ -384.39%
- Current HPI
- 441.2523
- Rent YoY
- ▲ 0.68%
- 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
+252.3% since first listed16 events — show timeline
- 2026-04-09 Price Changed $155,000 Beaches MLS
- 2026-02-12 Price Changed $159,000 Beaches MLS
- 2026-02-05 Listed $169,900 Beaches MLS
- 2023-10-26 Sold (Public Records) $142,000 Public Records
- 2023-10-20 Sold (MLS) $142,000 MARMLS
- 2023-09-28 Contingent — MARMLS
- 2023-08-17 Price Changed $155,000 MARMLS
- 2023-06-10 Listed $165,000 MARMLS
- 2009-08-31 Sold (MLS) $53,000 Beaches MLS
- 2009-08-01 Listing Removed — Beaches MLS
- 2009-07-24 Listed $55,000 Beaches MLS
- 2002-06-19 Sold (Public Records) $68,000 Public Records
- 2002-06-14 Sold (MLS) $68,000 Beaches MLS
- 2002-06-13 Listing Removed — Beaches MLS
- 2002-01-06 Listed $68,000 Beaches MLS
- 1998-06-08 Sold (Public Records) $44,000 Public Records
Property tax history
+6.8%/yrLatest (2025): $1,317 · +4.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…