1021 Flame Vine Ave #104 · Delray Beach, FL 33445

$175,000

2 bd · 2.0 ba · 1,167 sqft · Condo public records · 81 Days on market

Built 1978 $667/mo HOA · 29% of rent

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +10.5/30.0
• 1% rule +8.0/10.0
• ARV discount +7.5/15.0
• Schools +4.3/10.0
• Livability +3.9/5.0
• DSCR +3.0/10.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Pines of Delray. Sharp looking contemporary fully furnished first floor corner with open/covered patio; 2012 air conditioning system; wood-like flooring in hallway, living room/dining area and both bedrooms; eat-in kitchen with flat ceiling-extended cabinetry-2010 appliances(refrigerator, range, dishwasher, washer-dryer); three modern paddle fans; no wallpaper or dining area mirroring to remove. At least one occupant must be 55+, no co-occupants under 18; two indoor cats welcome(which is almost impossible to find in other 55+ condos in this price range); water-cable-dusk till dawn professional security patrol -building insurance & reserves included in $298 monthly maintenance fee; non-renting guests can stay in your apartment for 30 days per calendar year even if you're not in residence. Pine of Delray R & R: Dogs are prohibited; up to 2 indoor cats are welcome; at least one occupant must be 55+; no co-occupant can be under the age of 18; except for 30 days per calendar year, occupants between 18-54 cannot reside on the premises unless a 55+ occupant is residing there are the same time; title to a property cannot be taken in the name of corporation, business partnership, LLC or business-type trust; life estates and family trusts are OK; a unit is not "eligible" to be leased out until it has been owned for 18 months; and after 18 months of ownership it cannot be leased out if more than 136 units are already under lease - you would go onto a "waiting list" maintained by he association office; the maximum occupancy of a unit is 6 persons; prohibited vehicles include any type of commercial vehicle, motor homes, recreational vehicles, vans, campers and golf carts; a non-commercial personal pick-up truck permitted (subject to association disapproval); vendor and contractors can only work between 8-5 on weekdays and 8-3 on Saturdays; tankless hot water heaters are not permitted; no business can be conducted out of an apartment if it involves the visitation of customer or clients in the apartment or on the condominium grounds; the condominium association can deny approval of an applicant for good cause for the following(but not limited to the following) reasons: the applicant has been convicted of a crime involving violence to person, a crime demonstrating dishonesty or moral turpitude, any felony, a sexual offense of any nature, financial irresponsibility including prior bankruptcies, foreclosures, bad debts or has a history of disruptive behavior; if any type of hard flooring is to be installed in 2nd floor bedrooms or living room/dining area then approval of the soundproofing material is required; only the #101 and #104 unit owners may place moveable patio furniture onto the patios in front of those units; outdoor smoking is banned on any catwalk, open patio or within 50 feet of a building; swimming pool usage is permitted between 6am - 11pm

Key facts

• $667 HOA
• Parking
• Community pool

Property features AI

Finance

• HOA & community: Has HOA (monthly fee); HOA amenities include: clubhouse, pool, fitness center, sauna, spa/hot tub, tennis courts, billiard room, library, putting green, manager on site, street lights, management; HOA fee includes cable TV, insurance, grounds maintenance, security, sewer, trash, water, common areas, recreation facility; Pets allowed (restrictions possible); Community of 684 units; Senior community

Exterior

• Parking: Assigned parking; Guest parking; 1 total parking space
• Security: Security patrol
• Utilities: Public water; Public sewer; Cable available; Water available; Sewer available
• Home design: Condominium; Multi/split levels; Entry-level living area; Faces east
• Construction: CBS construction; Composition/shingle roof; 2 stories
• Exterior features: Open patio; Patio

Interior

• Kitchen: Electric range; Dishwasher; Microwave; Refrigerator; Garbage disposal; Electric water heater
• Bedrooms: 2 bedrooms on main level
• Flooring: Other
• Bathrooms: 2 full bathrooms on main level
• Heating & cooling: Central electric heating; Central air conditioning; Ceiling fan(s)
• Interior features: Built-in features; Walk-in closet(s); Split bedroom layout; Blinds on windows
• Laundry & utility: In-unit laundry

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $175k.

Deal economics

• At list price, monthly cash flow is $-90 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $159k (9.1% below list).
• Meets the 1% rule at list price ($2k rent vs $175k).
• Recommended offer: $159k (9.1% below list) — sets the bar for cash-flow.
• Cap rate 5.7% vs local median 4.3% in Delray 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 77/100 on livability (#202 in FL, #3,160 nationally) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, commute A-; Watch: cost of living C-, crime D-, amenities 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: Orchard View Elementary School (math 48% / reading 47%, grade D, #1,182 of 2,144 statewide, top 55%, 596 students, 76% FRL); Carver Middle School (math 22% / reading 34%, grade F, #486 of 571 statewide, top 86%, 732 students, 73% FRL); Atlantic High School (math 28% / reading 52%, grade F, #296 of 667 statewide, top 45%, 1,889 students, 59% FRL) — zoned schools average 69% FRL vs 52% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+1.8%/yr); 359 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 35% of the median local income ($78k/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 81 days — a 6% lower offer ($164k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 11y ago; this cycle's ask has dropped $10k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $77k; list at $175k implies a 127% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: HOA is 29% of rent.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $159,043 (9.1% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 81 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
3. Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. 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?
6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
8. Schools are B-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?
9. 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?
10. 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?
11. 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.
12. 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.
13. 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: 1.30% ✓
• Cap rate: 5.67%
• Cash-on-cash: -2.21%
• DSCR: 0.90
• GRM: 6.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 1.83% rent growth · sell at horizon

5-year hold

• IRR: -21.7%
• Equity multiple: 0.26×
• Total profit: $-36,312
• Equity at exit: $26,093

10-year hold

• IRR: -19.8%
• Equity multiple: 0.02×
• Total profit: $-47,827
• Equity at exit: $15,131

Cash invested: $49,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 33445

• Rents YoY: 1.8%
• Active inventory: 359
• Price-to-rent: 6.4×

Monthly cashflow live

• Estimated rent: $2,283 high
• Mortgage (P&I): −$918
• Tax from tax record: −$236 /mo · $2,836/yr
• Insurance: −$73
• HOA: −$667
• Vacancy / Maint / Mgmt: −$479
• Net cashflow: $-90

Break-even live

Break-even rent $2,397

Max offer price $159,043

Occupancy floor 99%

Sensitivity live

Price	-10% $9	-5% $-41	+0% $-90	+5% $-140	+10% $-189
Rent	-10% $-271	-5% $-181	+0% $-90	+5% $0	+10% $90
Rate	-1.0pp $-2	-0.5pp $-46	base $-90	+0.5pp $-136	+1.0pp $-182

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: $43,750
• Closing costs: $5,250
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1021 Flame Vine Ave Delray Beach, FL	2.0	2.0	1167	$1,750	$1.50	26d	1	0.02mi
2521 Pansey Ln Unit 7A Delray Beach, FL	2.0	2.0	1167	$2,100	$1.80	26d	1	0.03mi
1001 Flame Vine Ave #202 Delray Beach, FL	2.0	2.0	1167	$2,800	$2.40	26d	1	0.05mi
2520 Pansy Ln Unit D Delray Beach, FL	2.0	2.0	1167	$2,150	$1.84	26d	1	0.05mi
1060 Homewood Blvd Unit J102 Delray Beach, FL	2.0	2.0	1247	$2,450	$1.96	22d	1	0.06mi
1120 Homewood Blvd Unit G204 Delray Beach, FL	2.0	2.0	1247	$2,550	$2.04	21d	1	0.07mi
1020 Silk Oak Ter #104 Delray Beach, FL	2.0	2.0	1167	$2,500	$2.14	26d	1	0.09mi
2480 Juniper Dr #203 Delray Beach, FL	2.0	2.0	1167	$1,900	$1.63	26d	1	0.14mi
2480 Juniper Dr #204 Delray Beach, FL	2.0	2.0	1167	$1,750	$1.50	26d	1	0.14mi
2731 Knight Ln Delray Beach, FL	2.0	2.0	1050	$2,650	$2.52	26d	1	0.15mi
1100 Boxwood Dr #101 Delray Beach, FL	2.0	2.0	1167	$1,800	$1.54	16d	1	0.17mi
1101 Cactus Ter #203 Delray Beach, FL	2.0	2.0	1167	$2,100	$1.80	19d	1	0.17mi
2500 Fiore Way Delray Beach, FL	1.0–2.0	1.5–2.0	874	$2,150	$2.46	19d	2	0.17mi
2500 Fiore Way #1110 Delray Beach, FL	2.0	2.0	1023	$1,850	$1.81	26d	1	0.18mi
2500 Fiore Way #109 Delray Beach, FL	1.0	1.5	825	$2,150	$2.61	13d	1	0.19mi
2715 Ponce de Leon Blvd Delray Beach, FL	2.0	1.0	1000	$2,200	$2.20	26d	1	0.20mi
2733 Zorno Way Delray Beach, FL	2.0	2.0	1245	$2,950	$2.37	21d	1	0.21mi
2403 Lowson Blvd Unit C Delray Beach, FL	1.0	1.5	821	$1,650	$2.01	24d	1	0.22mi
2403 Lowson Blvd Unit D Delray Beach, FL	2.0	2.0	1020	$2,200	$2.16	26d	1	0.22mi
2381 Papaya Dr Unit 92C Delray Beach, FL	2.0	2.0	1100	$1,795	$1.63	26d	1	0.22mi
2381 Papaya Dr Unit C Delray Beach, FL	2.0	2.0	1100	$1,795	$1.63	9d	1	0.22mi
2600 Fiore Way #2140 Delray Beach, FL	2.0	2.0	1023	$2,175	$2.13	5d	1	0.23mi
1121 Cactus Ter #202 Delray Beach, FL	2.0	2.0	1167	$2,100	$1.80	26d	1	0.23mi
1130 Cactus Ter Unit 45C Delray Beach, FL	2.0	1.5	982	$2,000	$2.04	26d	1	0.23mi
2700 Fiore Way #2020 Delray Beach, FL	2.0	2.0	1023	$2,500	$2.44	7d	1	0.24mi
2835 SW 13th St #201 Delray Beach, FL	2.0	2.0	1144	$1,975	$1.73	20d	1	0.25mi
2303 Lowson Blvd Unit D Delray Beach, FL	2.0	2.0	1020	$2,500	$2.45	1d	1	0.27mi
2730 SW 13th St #203 Delray Beach, FL	2.0	2.0	1084	$2,200	$2.03	26d	1	0.27mi
1141 Calamondin Ter #203 Delray Beach, FL	2.0	2.0	1167	$1,700	$1.46	26d	1	0.29mi
2900 Fiore Way #2110 Delray Beach, FL	2.0	2.0	1023	$2,385	$2.33	6d	1	0.31mi
2828 Casita Way Delray Beach, FL	2.0	2.0	1023	$2,248	$2.20	26d	2	0.33mi
2828 Casita Way #214 Delray Beach, FL	2.0	2.0	1023	$2,300	$2.25	17d	1	0.33mi
1140 Mahogany Way #204 Delray Beach, FL	2.0	2.0	1167	$2,700	$2.31	26d	1	0.33mi
2828 Casita Way #1020 Delray Beach, FL	2.0	2.0	1023	$2,000	$1.96	22d	1	0.34mi
2520 Black Olive Blvd #203 Delray Beach, FL	2.0	2.0	1167	$1,799	$1.54	26d	1	0.35mi
2520 Black Olive Blvd #203 Delray Beach, FL	2.0	2.0	1167	$1,799	$1.54	6d	1	0.35mi
2450 Black Olive Blvd Unit A Delray Beach, FL	2.0	2.0	1167	$1,950	$1.67	16d	1	0.36mi
2450 Black Olive Blvd Unit A Delray Beach, FL	2.0	2.0	1167	$1,950	$1.67	26d	1	0.36mi
829 Camino Rd Delray Beach, FL	2.0	2.0	1023	$2,262	$2.21	26d	2	0.37mi
829 Camino Rd Unit 206C Delray Beach, FL	2.0	2.0	1023	$2,400	$2.35	26d	1	0.37mi

HOA detail condo

• Monthly dues: $667 · $8,004/yr
• Likely covers: watercablelandscapinginsurancepoolsecurity
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 30 events

1. 2026-06-21
   days on market $175,000 Active 81 DOM
2. 2026-06-18
   days on market $175,000 Active 78 DOM
3. 2026-06-17
   days on market $175,000 Active 77 DOM
4. 2026-06-16
   days on market $175,000 Active 76 DOM
5. 2026-06-15
   days on market $175,000 Active 75 DOM
6. 2026-06-13
   days on market $175,000 Active 73 DOM
7. 2026-06-09
   days on market $175,000 Active 69 DOM
8. 2026-06-08
   days on market $175,000 Active 68 DOM
9. 2026-06-07
   days on market $175,000 Active 67 DOM
10. 2026-06-04
    days on market $175,000 Active 64 DOM
11. 2026-06-03
    days on market $175,000 Active 63 DOM
12. 2026-06-02
    days on market $175,000 Active 62 DOM
13. 2026-06-01
    days on market $175,000 Active 61 DOM
14. 2026-05-31
    days on market $175,000 Active 60 DOM
15. 2026-05-21
    price $175,000
16. 2026-04-22
    price $180,000
17. 2026-04-01
    listed $185,000 Active
18. 2024-08-19
    historical
19. 2024-08-09
    historical $1,850
20. 2024-08-08
    listed $1,850
21. 2024-06-24
    price $200,000
22. 2024-06-20
    price $210,000
23. 2024-06-05
    listed $220,000 Active
24. 2015-06-01
    soldstatus $77,000
25. 2015-05-15
    soldstatus $77,000 Closed 2918-char remark

    Show marketing remark (2918 chars)

    Pines of Delray. Sharp looking contemporary fully furnished first floor corner with open/covered patio; 2012 air conditioning system; wood-like flooring in hallway, living room/dining area and both bedrooms; eat-in kitchen with flat ceiling-extended cabinetry-2010 appliances(refrigerator, range, dishwasher, washer-dryer); three modern paddle fans; no wallpaper or dining area mirroring to remove. At least one occupant must be 55+, no co-occupants under 18; two indoor cats welcome(which is almost impossible to find in other 55+ condos in this price range); water-cable-dusk till dawn professional security patrol -building insurance & reserves included in $298 monthly maintenance fee; non-renting guests can stay in your apartment for 30 days per calendar year even if you're not in residence. Pine of Delray R & R: Dogs are prohibited; up to 2 indoor cats are welcome; at least one occupant must be 55+; no co-occupant can be under the age of 18; except for 30 days per calendar year, occupants between 18-54 cannot reside on the premises unless a 55+ occupant is residing there are the same time; title to a property cannot be taken in the name of corporation, business partnership, LLC or business-type trust; life estates and family trusts are OK; a unit is not "eligible" to be leased out until it has been owned for 18 months; and after 18 months of ownership it cannot be leased out if more than 136 units are already under lease - you would go onto a "waiting list" maintained by he association office; the maximum occupancy of a unit is 6 persons; prohibited vehicles include any type of commercial vehicle, motor homes, recreational vehicles, vans, campers and golf carts; a non-commercial personal pick-up truck permitted (subject to association disapproval); vendor and contractors can only work between 8-5 on weekdays and 8-3 on Saturdays; tankless hot water heaters are not permitted; no business can be conducted out of an apartment if it involves the visitation of customer or clients in the apartment or on the condominium grounds; the condominium association can deny approval of an applicant for good cause for the following(but not limited to the following) reasons: the applicant has been convicted of a crime involving violence to person, a crime demonstrating dishonesty or moral turpitude, any felony, a sexual offense of any nature, financial irresponsibility including prior bankruptcies, foreclosures, bad debts or has a history of disruptive behavior; if any type of hard flooring is to be installed in 2nd floor bedrooms or living room/dining area then approval of the soundproofing material is required; only the #101 and #104 unit owners may place moveable patio furniture onto the patios in front of those units; outdoor smoking is banned on any catwalk, open patio or within 50 feet of a building; swimming pool usage is permitted between 6am - 11pm

26. 2015-05-01
    status Pending 2918-char remark

    Show marketing remark (2918 chars)

    Pines of Delray. Sharp looking contemporary fully furnished first floor corner with open/covered patio; 2012 air conditioning system; wood-like flooring in hallway, living room/dining area and both bedrooms; eat-in kitchen with flat ceiling-extended cabinetry-2010 appliances(refrigerator, range, dishwasher, washer-dryer); three modern paddle fans; no wallpaper or dining area mirroring to remove. At least one occupant must be 55+, no co-occupants under 18; two indoor cats welcome(which is almost impossible to find in other 55+ condos in this price range); water-cable-dusk till dawn professional security patrol -building insurance & reserves included in $298 monthly maintenance fee; non-renting guests can stay in your apartment for 30 days per calendar year even if you're not in residence. Pine of Delray R & R: Dogs are prohibited; up to 2 indoor cats are welcome; at least one occupant must be 55+; no co-occupant can be under the age of 18; except for 30 days per calendar year, occupants between 18-54 cannot reside on the premises unless a 55+ occupant is residing there are the same time; title to a property cannot be taken in the name of corporation, business partnership, LLC or business-type trust; life estates and family trusts are OK; a unit is not "eligible" to be leased out until it has been owned for 18 months; and after 18 months of ownership it cannot be leased out if more than 136 units are already under lease - you would go onto a "waiting list" maintained by he association office; the maximum occupancy of a unit is 6 persons; prohibited vehicles include any type of commercial vehicle, motor homes, recreational vehicles, vans, campers and golf carts; a non-commercial personal pick-up truck permitted (subject to association disapproval); vendor and contractors can only work between 8-5 on weekdays and 8-3 on Saturdays; tankless hot water heaters are not permitted; no business can be conducted out of an apartment if it involves the visitation of customer or clients in the apartment or on the condominium grounds; the condominium association can deny approval of an applicant for good cause for the following(but not limited to the following) reasons: the applicant has been convicted of a crime involving violence to person, a crime demonstrating dishonesty or moral turpitude, any felony, a sexual offense of any nature, financial irresponsibility including prior bankruptcies, foreclosures, bad debts or has a history of disruptive behavior; if any type of hard flooring is to be installed in 2nd floor bedrooms or living room/dining area then approval of the soundproofing material is required; only the #101 and #104 unit owners may place moveable patio furniture onto the patios in front of those units; outdoor smoking is banned on any catwalk, open patio or within 50 feet of a building; swimming pool usage is permitted between 6am - 11pm

27. 2015-03-09
    historical Contingent 2918-char remark

    Show marketing remark (2918 chars)

    Pines of Delray. Sharp looking contemporary fully furnished first floor corner with open/covered patio; 2012 air conditioning system; wood-like flooring in hallway, living room/dining area and both bedrooms; eat-in kitchen with flat ceiling-extended cabinetry-2010 appliances(refrigerator, range, dishwasher, washer-dryer); three modern paddle fans; no wallpaper or dining area mirroring to remove. At least one occupant must be 55+, no co-occupants under 18; two indoor cats welcome(which is almost impossible to find in other 55+ condos in this price range); water-cable-dusk till dawn professional security patrol -building insurance & reserves included in $298 monthly maintenance fee; non-renting guests can stay in your apartment for 30 days per calendar year even if you're not in residence. Pine of Delray R & R: Dogs are prohibited; up to 2 indoor cats are welcome; at least one occupant must be 55+; no co-occupant can be under the age of 18; except for 30 days per calendar year, occupants between 18-54 cannot reside on the premises unless a 55+ occupant is residing there are the same time; title to a property cannot be taken in the name of corporation, business partnership, LLC or business-type trust; life estates and family trusts are OK; a unit is not "eligible" to be leased out until it has been owned for 18 months; and after 18 months of ownership it cannot be leased out if more than 136 units are already under lease - you would go onto a "waiting list" maintained by he association office; the maximum occupancy of a unit is 6 persons; prohibited vehicles include any type of commercial vehicle, motor homes, recreational vehicles, vans, campers and golf carts; a non-commercial personal pick-up truck permitted (subject to association disapproval); vendor and contractors can only work between 8-5 on weekdays and 8-3 on Saturdays; tankless hot water heaters are not permitted; no business can be conducted out of an apartment if it involves the visitation of customer or clients in the apartment or on the condominium grounds; the condominium association can deny approval of an applicant for good cause for the following(but not limited to the following) reasons: the applicant has been convicted of a crime involving violence to person, a crime demonstrating dishonesty or moral turpitude, any felony, a sexual offense of any nature, financial irresponsibility including prior bankruptcies, foreclosures, bad debts or has a history of disruptive behavior; if any type of hard flooring is to be installed in 2nd floor bedrooms or living room/dining area then approval of the soundproofing material is required; only the #101 and #104 unit owners may place moveable patio furniture onto the patios in front of those units; outdoor smoking is banned on any catwalk, open patio or within 50 feet of a building; swimming pool usage is permitted between 6am - 11pm

28. 2015-03-01
    status Active 2918-char remark

    Show marketing remark (2918 chars)

    Pines of Delray. Sharp looking contemporary fully furnished first floor corner with open/covered patio; 2012 air conditioning system; wood-like flooring in hallway, living room/dining area and both bedrooms; eat-in kitchen with flat ceiling-extended cabinetry-2010 appliances(refrigerator, range, dishwasher, washer-dryer); three modern paddle fans; no wallpaper or dining area mirroring to remove. At least one occupant must be 55+, no co-occupants under 18; two indoor cats welcome(which is almost impossible to find in other 55+ condos in this price range); water-cable-dusk till dawn professional security patrol -building insurance & reserves included in $298 monthly maintenance fee; non-renting guests can stay in your apartment for 30 days per calendar year even if you're not in residence. Pine of Delray R & R: Dogs are prohibited; up to 2 indoor cats are welcome; at least one occupant must be 55+; no co-occupant can be under the age of 18; except for 30 days per calendar year, occupants between 18-54 cannot reside on the premises unless a 55+ occupant is residing there are the same time; title to a property cannot be taken in the name of corporation, business partnership, LLC or business-type trust; life estates and family trusts are OK; a unit is not "eligible" to be leased out until it has been owned for 18 months; and after 18 months of ownership it cannot be leased out if more than 136 units are already under lease - you would go onto a "waiting list" maintained by he association office; the maximum occupancy of a unit is 6 persons; prohibited vehicles include any type of commercial vehicle, motor homes, recreational vehicles, vans, campers and golf carts; a non-commercial personal pick-up truck permitted (subject to association disapproval); vendor and contractors can only work between 8-5 on weekdays and 8-3 on Saturdays; tankless hot water heaters are not permitted; no business can be conducted out of an apartment if it involves the visitation of customer or clients in the apartment or on the condominium grounds; the condominium association can deny approval of an applicant for good cause for the following(but not limited to the following) reasons: the applicant has been convicted of a crime involving violence to person, a crime demonstrating dishonesty or moral turpitude, any felony, a sexual offense of any nature, financial irresponsibility including prior bankruptcies, foreclosures, bad debts or has a history of disruptive behavior; if any type of hard flooring is to be installed in 2nd floor bedrooms or living room/dining area then approval of the soundproofing material is required; only the #101 and #104 unit owners may place moveable patio furniture onto the patios in front of those units; outdoor smoking is banned on any catwalk, open patio or within 50 feet of a building; swimming pool usage is permitted between 6am - 11pm

29. 2015-02-27
    historical Contingent 2918-char remark

    Show marketing remark (2918 chars)

    Pines of Delray. Sharp looking contemporary fully furnished first floor corner with open/covered patio; 2012 air conditioning system; wood-like flooring in hallway, living room/dining area and both bedrooms; eat-in kitchen with flat ceiling-extended cabinetry-2010 appliances(refrigerator, range, dishwasher, washer-dryer); three modern paddle fans; no wallpaper or dining area mirroring to remove. At least one occupant must be 55+, no co-occupants under 18; two indoor cats welcome(which is almost impossible to find in other 55+ condos in this price range); water-cable-dusk till dawn professional security patrol -building insurance & reserves included in $298 monthly maintenance fee; non-renting guests can stay in your apartment for 30 days per calendar year even if you're not in residence. Pine of Delray R & R: Dogs are prohibited; up to 2 indoor cats are welcome; at least one occupant must be 55+; no co-occupant can be under the age of 18; except for 30 days per calendar year, occupants between 18-54 cannot reside on the premises unless a 55+ occupant is residing there are the same time; title to a property cannot be taken in the name of corporation, business partnership, LLC or business-type trust; life estates and family trusts are OK; a unit is not "eligible" to be leased out until it has been owned for 18 months; and after 18 months of ownership it cannot be leased out if more than 136 units are already under lease - you would go onto a "waiting list" maintained by he association office; the maximum occupancy of a unit is 6 persons; prohibited vehicles include any type of commercial vehicle, motor homes, recreational vehicles, vans, campers and golf carts; a non-commercial personal pick-up truck permitted (subject to association disapproval); vendor and contractors can only work between 8-5 on weekdays and 8-3 on Saturdays; tankless hot water heaters are not permitted; no business can be conducted out of an apartment if it involves the visitation of customer or clients in the apartment or on the condominium grounds; the condominium association can deny approval of an applicant for good cause for the following(but not limited to the following) reasons: the applicant has been convicted of a crime involving violence to person, a crime demonstrating dishonesty or moral turpitude, any felony, a sexual offense of any nature, financial irresponsibility including prior bankruptcies, foreclosures, bad debts or has a history of disruptive behavior; if any type of hard flooring is to be installed in 2nd floor bedrooms or living room/dining area then approval of the soundproofing material is required; only the #101 and #104 unit owners may place moveable patio furniture onto the patios in front of those units; outdoor smoking is banned on any catwalk, open patio or within 50 feet of a building; swimming pool usage is permitted between 6am - 11pm

30. 2015-02-12
    listed $79,500 Active 2918-char remark

    Show marketing remark (2918 chars)

    Pines of Delray. Sharp looking contemporary fully furnished first floor corner with open/covered patio; 2012 air conditioning system; wood-like flooring in hallway, living room/dining area and both bedrooms; eat-in kitchen with flat ceiling-extended cabinetry-2010 appliances(refrigerator, range, dishwasher, washer-dryer); three modern paddle fans; no wallpaper or dining area mirroring to remove. At least one occupant must be 55+, no co-occupants under 18; two indoor cats welcome(which is almost impossible to find in other 55+ condos in this price range); water-cable-dusk till dawn professional security patrol -building insurance & reserves included in $298 monthly maintenance fee; non-renting guests can stay in your apartment for 30 days per calendar year even if you're not in residence. Pine of Delray R & R: Dogs are prohibited; up to 2 indoor cats are welcome; at least one occupant must be 55+; no co-occupant can be under the age of 18; except for 30 days per calendar year, occupants between 18-54 cannot reside on the premises unless a 55+ occupant is residing there are the same time; title to a property cannot be taken in the name of corporation, business partnership, LLC or business-type trust; life estates and family trusts are OK; a unit is not "eligible" to be leased out until it has been owned for 18 months; and after 18 months of ownership it cannot be leased out if more than 136 units are already under lease - you would go onto a "waiting list" maintained by he association office; the maximum occupancy of a unit is 6 persons; prohibited vehicles include any type of commercial vehicle, motor homes, recreational vehicles, vans, campers and golf carts; a non-commercial personal pick-up truck permitted (subject to association disapproval); vendor and contractors can only work between 8-5 on weekdays and 8-3 on Saturdays; tankless hot water heaters are not permitted; no business can be conducted out of an apartment if it involves the visitation of customer or clients in the apartment or on the condominium grounds; the condominium association can deny approval of an applicant for good cause for the following(but not limited to the following) reasons: the applicant has been convicted of a crime involving violence to person, a crime demonstrating dishonesty or moral turpitude, any felony, a sexual offense of any nature, financial irresponsibility including prior bankruptcies, foreclosures, bad debts or has a history of disruptive behavior; if any type of hard flooring is to be installed in 2nd floor bedrooms or living room/dining area then approval of the soundproofing material is required; only the #101 and #104 unit owners may place moveable patio furniture onto the patios in front of those units; outdoor smoking is banned on any catwalk, open patio or within 50 feet of a building; swimming pool usage is permitted between 6am - 11pm

ⓘ 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: $2,836 · $236/mo
• Projected year-2 tax: $2,836 · $236/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 10/10 Extreme 7 d/yr ≥105°F today · 28 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,396
• − Mortgage interest: −$9,803
• − Property taxes: −$2,836
• − Insurance: −$875
• − Repairs & maintenance: −$2,192
• − Management: −$2,192
• − HOA: −$8,004
• − Depreciation: −$5,091
• Taxable loss: −$3,595
• Est. tax savings @ 24.0%: +$863
• After-tax cash flow: $-221/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 — Delray Beach

• Score: 77/100
• State rank: #202
• US rank: #3160

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Delray Beach, FL
• County: Palm Beach County · 1,438,312 people
• City population: 123,167
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 33,122
• Household income: $78,163
• Rent vs Own: 31.2% rent · 68.8% own
• Severe rent burden: 1649.0

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 0.62)
• Race & ethnicity: White 55% Black 24% Hispanic / Latino 11% Two or more races 11% Asian 4%
• Hispanic origin (detail): Puerto Rican 3% Cuban 2%
• Common ancestry: Hispanic 14% Romanian 3% Scotch-Irish 3%
• Foreign-born: 27% · Canada, Jamaica, Dominican Republic
• Languages at home: 66% English-only · French/Haitian/Cajun 18% Spanish 9% Other Indo-European 4%

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: ▼ -258.16%
• Current HPI: 349.5505
• Rent YoY: ▲ 1.83%
• 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
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+120.1% since first listed

16 events — show timeline

• 2026-05-21 Price Changed $175,000 Beaches MLS
• 2026-04-22 Price Changed $180,000 Beaches MLS
• 2026-04-01 Listed $185,000 Beaches MLS
• 2024-08-19 Listing Removed — Beaches MLS
• 2024-08-09 Rental Removed $1,850 GFLMLS
• 2024-08-08 Listed for Rent $1,850 GFLMLS
• 2024-06-24 Price Changed $200,000 Beaches MLS
• 2024-06-20 Price Changed $210,000 Beaches MLS
• 2024-06-05 Listed $220,000 Beaches MLS
• 2015-06-01 Sold (Public Records) $77,000 Public Records
• 2015-05-15 Sold (MLS) $77,000 Beaches MLS
• 2015-05-01 Pending — Beaches MLS
• 2015-03-09 Contingent — Beaches MLS
• 2015-03-01 Relisted — Beaches MLS
• 2015-02-27 Contingent — Beaches MLS
• 2015-02-12 Listed $79,500 Beaches MLS

Property tax history

+7.3%/yr

Latest (2025): $2,836 · +9.2% YoY. Source: county tax records.