2520 NE 1st Ct #411 · Boynton Beach, FL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 9/10 · Severe
- Hot days now (above 105°F)
- 7 days/yr
- Hot days in 30 yrs
- 25 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 C- 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 +16.7/30.0
- 1% rule +10.0/10.0
- ARV discount +7.5/15.0
- DSCR +5.2/10.0
- Schools +4.3/10.0
- Livability +3.6/5.0
- Rent growth +3.4/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$134,499
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Stunning PENTHOUSE Condo in 55+ Resort Like Neighborhood of Village Royale! 1.5 Miles to the Beach! Bright Open Floor Plan, 2 BR, 2 BA, Plantation Shutters, Custom Lighting, Built-In Cabinets, Ceramic Tile Floors! Updated Kitchen with Serving Window, Custom Wood Cabinets & Stainless Steel Appliances. Impressive Master Suite | Walk-In Closet | Ensuite & Linen Closet! Incredible Views of Tropical Lush Landscaping, Tennis and Pool from Bonus Florida Room! Luxury Amenities with State-of-the-Art Fitness Center, 2 Pools, 2 Clubhouses, Driving Range, Game Room, Theater, Library, Large Lobby with Piano, Tennis Courts, Shuffleboard, Bocce Ball Courts, Gazebo, Laundry Room and so much more! Minutes to Popular Atlantic Avenue, I-95 & Downtown Mizner Park! AC 2016 WH Tankless!
Key facts
- Nicely furnished
- Two beautiful pools
- Turnkey ready
Tags
Property features AI
Finance
- Other: Senior community; Pets not allowed for this property
- Financial info: Property is not on land lease
- HOA & community: Monthly HOA fee; Association amenities include: heated pool, pool, fitness center, clubhouse, cabana, billiard room, sauna, laundry facilities, tennis courts, pickleball and bocce courts, shuffleboard court, workshop area, hobby room, library, community room, courtesy bus, trash chute, maintained common areas, internet included, cable TV, parking, security, and recreation facilities; HOA pays for: water, sewer, trash, cable TV, internet, elevator maintenance, roof repairs, pool service, pest control, common area maintenance and reserve funds
Exterior
- Parking: Assigned parking; Parking available as part of association amenities
- Security: Community security; Closed circuit camera(s)
- Utilities: 220-volt electric
- Home design: Condominium; Resale property; 4-story building
- Construction: Block construction; Tar/gravel roof; Slab foundation
- Exterior features: Not waterfront; Picnic area; Trails; Street lights; Maintained community
Interior
- Kitchen: Dishwasher; Electric range; Microwave; Refrigerator; Freezer; Garbage disposal; Tankless water heater
- Bedrooms: No main-level bedrooms
- Flooring: Concrete flooring; Ceramic tile flooring
- Bathrooms: 2 full bathrooms
- Heating & cooling: Central electric heating; Central air conditioning; Ceiling fans; Humidity control
- Interior features: ENERGY STAR qualified windows; Closed circuit camera(s) and additional security features
- Laundry & utility: Laundry available in the building
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $134k.
Deal economics
- At list price, monthly cash flow is $83 ($991/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $134k).
- Recommended offer: $122k (9.0% below list) — sets the bar for market timing.
- Cap rate 7.0% vs local median 4.3% in Boynton Beach — 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 72/100 on livability (#351 in FL) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety B+, cost of living B; Watch: amenities D+, crime D-, 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: Rolling Green Elementary School (math 21% / reading 26%, grade F, #2,061 of 2,144 statewide, top 96%, 692 students, 88% FRL); Congress Community Middle School (math 21% / reading 28%, grade F, #522 of 571 statewide, top 93%, 988 students, 72% FRL); Boynton Beach Community High (math 13% / reading 25%, grade F, #565 of 667 statewide, top 85%, 1,547 students, 65% FRL) — zoned schools average 75% FRL vs 52% district-wide (23 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Zoned-school proficiency averages 22% at this address vs 50% district-wide (-27 pts) — the specific schools serving this property underperform the Palm Beach average; the district grade overstates school quality for this exact location.
- Market conditions: Rents rising (+3.6%/yr); 536 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 20d on market — plan ~3-4 weeks tenant-placement turnaround); 3,974 units permitted in Palm Beach County in 2024 (1,012 in 5+ unit buildings).
- This rent runs 37% of the median local income ($68k/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 $930 of loan paydown is wiped out by about $4k 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 99 days — a 9% lower offer ($122k) is reasonable based on typical stale-listing flexibility.
- 4 sale attempts since 14y ago 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: HOA is 28% of rent.
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 99 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
- Built in 1974 — 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.
- Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- 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
- 1.55% ✓
- Cap rate
- 7.03%
- Cash-on-cash
- 2.63%
- DSCR
- 1.12
- GRM
- 5.4
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 3.64% rent growth · sell at horizon
- IRR
- -10.6%
- Equity multiple
- 0.61×
- Total profit
- $-14,768
- Equity at exit
- $20,054
- IRR
- 0.4%
- Equity multiple
- 1.03×
- Total profit
- $1,213
- Equity at exit
- $11,629
Cash invested: $37,660 (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 33435
- Rents YoY
- 3.6%
- Active inventory
- 536
- Price-to-rent
- 5.4×
Monthly cashflow live
- Estimated rent
- $2,078 high interval (Pro) →
- Mortgage (P&I)
- −$705
- Tax from tax record
- −$223 /mo · $2,672/yr
- Insurance
- −$56
- HOA
- −$575
- Vacancy / Maint / Mgmt
- −$436
- Net cashflow
- $83
Break-even live
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
- $33,625
- Closing costs
- $4,035
- 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 |
|---|---|---|---|---|---|---|---|---|
| 2615 NE 1st Ct #403 Boynton Beach, FL | 2.0 | 2.0 | 960 | $2,100 | $2.19 | 24d | 1 | 0.07mi |
| 2615 NE 1st Ct Boynton Beach, FL | 2.0 | 2.0 | 960 | $1,850 | $1.93 | 18d | 2 | 0.07mi |
| 2515 NE 2nd Ct #202 Boynton Beach, FL | 2.0 | 2.0 | 960 | $1,499 | $1.56 | 24d | 1 | 0.08mi |
| 230 NE 26th Ave #1070 Boynton Beach, FL | 1.0 | 1.5 | 754 | $1,620 | $2.15 | 11d | 1 | 0.12mi |
| 300 NE 26th Ave #1040 Boynton Beach, FL | 2.0 | 2.0 | 1080 | $1,559 | $1.44 | 24d | 1 | 0.12mi |
| 230 NE 26th Ave Boynton Beach, FL | 1.0–2.0 | 1.5–2.0 | 857 | $1,650 | $1.93 | 17d | 2 | 0.13mi |
| 2400 NE 1st Ln #206 Boynton Beach, FL | 1.0 | 1.5 | 754 | $1,800 | $2.39 | 15d | 1 | 0.13mi |
| 2600 NE 1st Ln #418 Boynton Beach, FL | 2.0 | 2.0 | 1182 | $1,750 | $1.48 | 24d | 1 | 0.14mi |
| 2601 3rd Ct NE #202 Boynton Beach, FL | 2.0 | 2.0 | 982 | $1,500 | $1.53 | 18d | 1 | 0.14mi |
| 130 NE 26th Ave #307 Boynton Beach, FL | 2.0 | 2.0 | 982 | $3,500 | $3.56 | 24d | 1 | 0.16mi |
| 2615 NE 3rd Ct #4030 Boynton Beach, FL | 2.0 | 2.0 | 960 | $1,699 | $1.77 | 5d | 1 | 0.17mi |
| 330 NE 26th Ave Unit 108 Boynton Beach, FL | 1.0 | 1.5 | 754 | $1,600 | $2.12 | 2d | 1 | 0.17mi |
| 330 NE 26th Ave Unit 108 Boynton Beach, FL | 1.0 | 1.5 | 754 | $1,375 | $1.82 | 24d | 1 | 0.17mi |
| 2100 N Seacrest Blvd Boynton Beach, FL | 3.0 | 1.0 | 1056 | $2,900 | $2.75 | 16d | 1 | 0.27mi |
| 2122 NE 1st St Boynton Beach, FL | 2.0 | 1.0 | 1362 | $2,300 | $1.69 | 12d | 1 | 0.27mi |
| 2639 NE 4th St Boynton Beach, FL | 3.0 | 2.0 | 1300 | $2,895 | $2.23 | 5d | 1 | 0.33mi |
| 108 NE 20th Ave #206 Boynton Beach, FL | 2.0 | 2.0 | 860 | $1,800 | $2.09 | 19d | 1 | 0.34mi |
| 2202 NE 3rd St Boynton Beach, FL | 3.0 | 2.0 | 902 | $3,000 | $3.33 | 16d | 1 | 0.35mi |
| 30 Crossings Cir Unit H Boynton Beach, FL | 2.0 | 2.0 | 864 | $2,400 | $2.78 | 18d | 1 | 0.38mi |
| 8076 Ambach Way Hypoluxo, FL | 2.0 | 2.0 | 1243 | $2,200 | $1.77 | 24d | 1 | 0.38mi |
| 4 Crossings Cir Unit B Boynton Beach, FL | 2.0 | 1.5 | 864 | $1,950 | $2.26 | 24d | 1 | 0.41mi |
| 17 Crossings Cir Unit E Boynton Beach, FL | 2.0 | 2.0 | 864 | $1,900 | $2.20 | 24d | 1 | 0.41mi |
| 7 Crossings Cir Boynton Beach, FL | 2.0 | 1.5 | 864 | $2,500 | $2.89 | 24d | 1 | 0.41mi |
| 27 Crossings Cir Unit H Boynton Beach, FL | 2.0 | 2.0 | 864 | $1,900 | $2.20 | 15d | 1 | 0.42mi |
| 14 Crossings Cir Unit E Boynton Beach, FL | 2.0 | 2.0 | 953 | $2,300 | $2.41 | 24d | 1 | 0.43mi |
| 2202 NE 4th St #10 Boynton Beach, FL | 2.0 | 1.0 | 757 | $1,900 | $2.51 | 3d | 1 | 0.44mi |
| 24 Crossings Cir Unit H Boynton Beach, FL | 2.0 | 2.0 | 864 | $2,050 | $2.37 | 24d | 1 | 0.47mi |
| 661 Waterside Dr Hypoluxo, FL | 2.0 | 2.0 | 768 | $2,000 | $2.60 | 24d | 1 | 0.50mi |
| 311 NE 17th Ave #204 Boynton Beach, FL | 2.0 | 2.0 | 1100 | $1,650 | $1.50 | 24d | 1 | 0.51mi |
| 314 Waterside Dr Hypoluxo, FL | 2.0 | 2.5 | 1128 | $1,850 | $1.64 | 24d | 1 | 0.51mi |
| 369 Waterside Dr Hypoluxo, FL | 2.0 | 2.5 | 1128 | $2,250 | $1.99 | 24d | 1 | 0.51mi |
| 221 Waterside Dr #221 Hypoluxo, FL | 3.0 | 2.5 | 1259 | $2,100 | $1.67 | 3d | 1 | 0.51mi |
| 338 Waterside Dr Hypoluxo, FL | 3.0 | 2.5 | 1259 | $2,100 | $1.67 | 5d | 1 | 0.51mi |
| 117 Waterside Dr #117 Hypoluxo, FL | 2.0 | 2.0 | 768 | $2,000 | $2.60 | 24d | 1 | 0.51mi |
| 368 Waterside Dr Hypoluxo, FL | 2.0 | 2.5 | 1152 | $2,500 | $2.17 | 24d | 1 | 0.51mi |
| 176 Waterside Dr Hypoluxo, FL | 3.0 | 2.0 | 1024 | $2,500 | $2.44 | 19d | 1 | 0.51mi |
| 221 Waterside Dr #221 Hypoluxo, FL | 3.0 | 2.5 | 1259 | $2,200 | $1.75 | 24d | 1 | 0.51mi |
| 977 Miner Rd Lantana, FL | 3.0 | 1.0 | 1100 | $3,195 | $2.90 | 2d | 1 | 0.53mi |
| 1214 Highview Rd Lantana, FL | 3.0 | 2.0 | 768 | $2,300 | $2.99 | 2d | 1 | 0.53mi |
| 410 NE 17th Ave #101 Boynton Beach, FL | 2.0 | 1.5 | 1080 | $1,500 | $1.39 | 7d | 1 | 0.54mi |
HOA detail condo
- Monthly dues
- $575 · $6,900/yr
- Likely covers
- landscapingpoolgym
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 30 events
-
2026-06-18days on market $134,499 Active 99 DOM
-
2026-06-17days on market $134,499 Active 98 DOM
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2026-06-16days on market $134,499 Active 97 DOM
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2026-06-15days on market $134,499 Active 96 DOM
-
2026-06-13days on market $134,499 Active 94 DOM
-
2026-06-09days on market $134,499 Active 90 DOM
-
2026-06-08days on market $134,499 Active 89 DOM
-
2026-06-07days on market $134,499 Active 88 DOM
-
2026-06-04days on market $134,499 Active 85 DOM
-
2026-06-03days on market $134,499 Active 84 DOM
-
2026-06-02days on market $134,499 Active 83 DOM
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2026-06-01days on market $134,499 Active 82 DOM
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2026-05-31days on market $134,499 Active 81 DOM
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2026-04-30price $134,499
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2026-04-30price $134,500
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2026-02-17$137,000 Active
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2023-06-05soldstatus $129,000
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2023-05-31soldstatus $129,000 Closed 790-char remark
Show marketing remark (790 chars)
Stunning PENTHOUSE Condo in 55+ Resort Like Neighborhood of Village Royale! 1.5 Miles to the Beach! Bright Open Floor Plan, 2 BR, 2 BA, Plantation Shutters, Custom Lighting, Built-In Cabinets, Ceramic Tile Floors! Updated Kitchen with Serving Window, Custom Wood Cabinets & Stainless Steel Appliances. Impressive Master Suite | Walk-In Closet | Ensuite & Linen Closet! Incredible Views of Tropical Lush Landscaping, Tennis and Pool from Bonus Florida Room! Luxury Amenities with State-of-the-Art Fitness Center, 2 Pools, 2 Clubhouses, Driving Range, Game Room, Theater, Library, Large Lobby with Piano, Tennis Courts, Shuffleboard, Bocce Ball Courts, Gazebo, Laundry Room and so much more! Minutes to Popular Atlantic Avenue, I-95 & Downtown Mizner Park! AC 2016 WH Tankless!
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2023-04-30historical Active Under Contract 790-char remark
Show marketing remark (790 chars)
Stunning PENTHOUSE Condo in 55+ Resort Like Neighborhood of Village Royale! 1.5 Miles to the Beach! Bright Open Floor Plan, 2 BR, 2 BA, Plantation Shutters, Custom Lighting, Built-In Cabinets, Ceramic Tile Floors! Updated Kitchen with Serving Window, Custom Wood Cabinets & Stainless Steel Appliances. Impressive Master Suite | Walk-In Closet | Ensuite & Linen Closet! Incredible Views of Tropical Lush Landscaping, Tennis and Pool from Bonus Florida Room! Luxury Amenities with State-of-the-Art Fitness Center, 2 Pools, 2 Clubhouses, Driving Range, Game Room, Theater, Library, Large Lobby with Piano, Tennis Courts, Shuffleboard, Bocce Ball Courts, Gazebo, Laundry Room and so much more! Minutes to Popular Atlantic Avenue, I-95 & Downtown Mizner Park! AC 2016 WH Tankless!
-
2023-04-19$135,000 Active 790-char remark
Show marketing remark (790 chars)
Stunning PENTHOUSE Condo in 55+ Resort Like Neighborhood of Village Royale! 1.5 Miles to the Beach! Bright Open Floor Plan, 2 BR, 2 BA, Plantation Shutters, Custom Lighting, Built-In Cabinets, Ceramic Tile Floors! Updated Kitchen with Serving Window, Custom Wood Cabinets & Stainless Steel Appliances. Impressive Master Suite | Walk-In Closet | Ensuite & Linen Closet! Incredible Views of Tropical Lush Landscaping, Tennis and Pool from Bonus Florida Room! Luxury Amenities with State-of-the-Art Fitness Center, 2 Pools, 2 Clubhouses, Driving Range, Game Room, Theater, Library, Large Lobby with Piano, Tennis Courts, Shuffleboard, Bocce Ball Courts, Gazebo, Laundry Room and so much more! Minutes to Popular Atlantic Avenue, I-95 & Downtown Mizner Park! AC 2016 WH Tankless!
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2023-04-13historical $135,000 790-char remark
Show marketing remark (790 chars)
Stunning PENTHOUSE Condo in 55+ Resort Like Neighborhood of Village Royale! 1.5 Miles to the Beach! Bright Open Floor Plan, 2 BR, 2 BA, Plantation Shutters, Custom Lighting, Built-In Cabinets, Ceramic Tile Floors! Updated Kitchen with Serving Window, Custom Wood Cabinets & Stainless Steel Appliances. Impressive Master Suite | Walk-In Closet | Ensuite & Linen Closet! Incredible Views of Tropical Lush Landscaping, Tennis and Pool from Bonus Florida Room! Luxury Amenities with State-of-the-Art Fitness Center, 2 Pools, 2 Clubhouses, Driving Range, Game Room, Theater, Library, Large Lobby with Piano, Tennis Courts, Shuffleboard, Bocce Ball Courts, Gazebo, Laundry Room and so much more! Minutes to Popular Atlantic Avenue, I-95 & Downtown Mizner Park! AC 2016 WH Tankless!
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2020-06-16soldstatus $80,000
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2020-06-12soldstatus $80,000 Closed 931-char remark
Show marketing remark (931 chars)
Adorable and meticulously kept this condo is move-in ready! Current owner has updated the kitchen, updated plumbing, added impact windows, added tankless water heater, and also added additional closets for storage. Located on the 4th floor the unit is light and bright and has very nice views overlooking the spacious lushly landscaped grounds offering mature trees, shaded picnic areas, outdoor seating courtyards, and more. This 55+ active adult community offers many amenities such as tennis courts, oversize Olympic sized pool, and bocci ball which are also in view from the condo and are located just steps away. The Buildings are all well maintained offering both elevator and stairs for access to the above floors. Whether a buyer is looking for their next home, a 2nd home in Sunny SOFL or perhaps for parents; this is an excellent opportunity to purchase a turn-key home available fully furnished for a minimum investment.
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2020-05-18historical Contingent 931-char remark
Show marketing remark (931 chars)
Adorable and meticulously kept this condo is move-in ready! Current owner has updated the kitchen, updated plumbing, added impact windows, added tankless water heater, and also added additional closets for storage. Located on the 4th floor the unit is light and bright and has very nice views overlooking the spacious lushly landscaped grounds offering mature trees, shaded picnic areas, outdoor seating courtyards, and more. This 55+ active adult community offers many amenities such as tennis courts, oversize Olympic sized pool, and bocci ball which are also in view from the condo and are located just steps away. The Buildings are all well maintained offering both elevator and stairs for access to the above floors. Whether a buyer is looking for their next home, a 2nd home in Sunny SOFL or perhaps for parents; this is an excellent opportunity to purchase a turn-key home available fully furnished for a minimum investment.
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2020-05-14$82,500 Active 931-char remark
Show marketing remark (931 chars)
Adorable and meticulously kept this condo is move-in ready! Current owner has updated the kitchen, updated plumbing, added impact windows, added tankless water heater, and also added additional closets for storage. Located on the 4th floor the unit is light and bright and has very nice views overlooking the spacious lushly landscaped grounds offering mature trees, shaded picnic areas, outdoor seating courtyards, and more. This 55+ active adult community offers many amenities such as tennis courts, oversize Olympic sized pool, and bocci ball which are also in view from the condo and are located just steps away. The Buildings are all well maintained offering both elevator and stairs for access to the above floors. Whether a buyer is looking for their next home, a 2nd home in Sunny SOFL or perhaps for parents; this is an excellent opportunity to purchase a turn-key home available fully furnished for a minimum investment.
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2012-09-30historical
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2012-03-01$80,000
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2003-07-03soldstatus $35,000
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1997-04-11soldstatus $25,000
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1983-12-01soldstatus $38,000
ⓘ 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
- $2,672 · $223/mo
- Projected year-2 tax
- $2,672 · $223/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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 9/10 Extreme 7 d/yr ≥105°F today · 25 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
- $24,937
- − Mortgage interest
- −$7,534
- − Property taxes
- −$2,672
- − Insurance
- −$672
- − Repairs & maintenance
- −$1,995
- − Management
- −$1,995
- − HOA
- −$6,900
- − Depreciation
- −$3,913
- Taxable loss
- −$745
- Est. tax savings @ 24.0%
- +$179
- After-tax cash flow
- $1,170/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 — Boynton Beach
- Score
- 72/100
- State rank
- #351
- US rank
- #6098
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Boynton Beach, FL
- County
- Palm Beach County · 1,438,312 people
- City population
- 148,060
- Metro
- Miami-Fort Lauderdale-Pompano Beach, FL
- Population (ZIP)
- 37,833
- Household income
- $67,979
- Rent vs Own
- Severe rent burden
- 1623.0
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 0.65)
- Race & ethnicity
- White 41% Black 40% Hispanic / Latino 15% Two or more races 10%
- Hispanic origin (detail)
- Mexican 3% Puerto Rican 3% Cuban 2% Dominican 1%
- Common ancestry
- Hispanic 23% Romanian 2% Lithuanian 2%
- Foreign-born
- 30% · Canada, Jamaica
- Languages at home
- 61% English-only · French/Haitian/Cajun 24% Spanish 11% Other Indo-European 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
- ▼ -345.86%
- Current HPI
- 371.0527
- Rent YoY
- ▲ 3.64%
- 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
+253.9% since first listed17 events — show timeline
- 2026-04-30 Price Changed $134,499 Beaches MLS
- 2026-04-30 Price Changed $134,500 Beaches MLS
- 2026-02-17 Listed $137,000 Beaches MLS
- 2023-06-05 Sold (Public Records) $129,000 Public Records
- 2023-05-31 Sold (MLS) $129,000 Beaches MLS
- 2023-04-30 Contingent — Beaches MLS
- 2023-04-19 Listed $135,000 Beaches MLS
- 2023-04-13 Coming Soon $135,000 Beaches MLS
- 2020-06-16 Sold (Public Records) $80,000 Public Records
- 2020-06-12 Sold (MLS) $80,000 Beaches MLS
- 2020-05-18 Contingent — Beaches MLS
- 2020-05-14 Listed $82,500 Beaches MLS
- 2012-09-30 Listing Removed — Beaches MLS
- 2012-03-01 Listed $80,000 Beaches MLS
- 2003-07-03 Sold (Public Records) $35,000 Public Records
- 1997-04-11 Sold (Public Records) $25,000 Public Records
- 1983-12-01 Sold (Public Records) $38,000 Public Records
Property tax history
+19.1%/yrLatest (2025): $2,672 · +0.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…