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5021 Oakhill Ln #114
D Composite 42.07
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 +9.3/30.0
  • 1% rule +8.5/10.0
  • ARV discount +7.5/15.0
  • Schools +4.3/10.0
  • Livability +3.9/5.0
  • Rent growth +3.6/5.0
  • DSCR +2.6/10.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$215,000

5021 Oakhill Ln #114 · Delray Beach, FL 33484
2 bd · 2.0 ba · 1,293 sqft · Condo public records · 56 Days on market
Built 1985 $1050/mo HOA · 36% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

This nice first floor 2 bedroom 2 bath condo features remodeled eat in kitchen with granite counters and newer appliances, large living room with dining area, glass enclosed porch with golf view, tile floors, lots of closet space and laundry room. Tile floors and carpet in bedrooms. 18 hole challenging executive golf course,5 Har-Tru tennis courts,2 pools, hot tub. Clubhouse with Lunch room, fitness center, card room, community room, library & billiards. 24/7 Manned gate. Located close to beaches, shopping, restaurants and major roadways. Buyer to pay $2,000. Capital improvement reserve fund at closing.

Key facts

  • Golf course view
  • Lake view
  • Updated kitchen

Tags

GOLF COURSE VIEWLAKE VIEWUPDATED KITCHENGRANITE COUNTERTOPIMPACT WINDOWSREAR PATIO

Property features AI

Finance

  • Other: Community contains 437 units; Pets allowed (cats and dogs; restrictions and limits may apply); Senior community
  • Financial info: No land lease
  • HOA & community: Part of an association (Boca Delray Golf and Country Club); Monthly HOA fee; Association amenities include: clubhouse, fitness center, heated pool, spa/hot tub, sauna, tennis courts, pickleball and bocce courts, golf course/putting green, cafe/restaurant, billiard and game rooms, library, lobby, community room, manager on site, street lights, gated community, internet included; HOA covers: cable TV, insurance, internet, grounds maintenance, pest control, security, sewer, trash, water, common areas, common real estate tax, reserve funds, roof repairs, and pool service

Exterior

  • Parking: Assigned parking; Guest parking; Asphalt parking surface; Total of 1 assigned parking space with approximately 15 open guest spaces
  • Security: Gated community with guard; Security gate; Security lights; Smoke detectors
  • Utilities: Public water; Public sewer; Electricity connected; Water connected; Sewer connected; Cable connected; Underground utilities
  • Home design: Condominium; One level; Faces west; Resale property
  • Construction: CBS construction; Shingle roof; Concrete perimeter foundation; Built as part of a 2-story building
  • Exterior features: Open porch; Porch; Waterfront property; Private asphalt road frontage; Private maintained road

Interior

  • Kitchen: Dishwasher; Electric range; Microwave; Refrigerator; Garbage disposal; Electric water heater
  • Bedrooms: One bedroom on the main level
  • Flooring: Ceramic tile; Laminate
  • Bathrooms: Two full bathrooms; One bathroom on the main level
  • Heating & cooling: Central electric heating; Central air conditioning; Ceiling fans
  • Interior features: Entrance foyer; Walk-in closets; Split bedroom layout; Closet cabinetry; Roman tub; Furnished; Blinds on windows
  • Laundry & utility: In-unit laundry (inside)

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath condo listed at $215k.

Deal economics

  • At list price, monthly cash flow is $-158 ($-2k/yr) — negative.
  • To cash-flow at today's rent, offer at most $187k (13.0% below list).
  • Meets the 1% rule at list price ($3k rent vs $215k).
  • Recommended offer: $187k (13.0% below list) — sets the bar for cash-flow.
  • Cap rate 5.4% vs local median 4.3% in Delray Beach — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

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); Omni Middle School (math 66% / reading 66%, grade A-, #93 of 571 statewide, top 16%, 1,128 students, 29% FRL); Spanish River Community High School (math 64% / reading 74%, grade B, #63 of 667 statewide, top 10%, 2,578 students, 25% FRL).
  • Market conditions: Rents rising fast (+4.3%/yr); 543 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); 3,974 units permitted in Palm Beach County in 2024 (1,012 in 5+ unit buildings).
  • At $2,904/mo this rent would consume 56% of the median local household income ($62k/yr) (locally 991% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k 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 56 days — a 3% lower offer ($209k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 13y 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.
  • Current owner paid $128k; list at $215k implies a 69% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: HOA is 36% 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.
Recommended offer $187,029 (13.0% 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 56 days. Have you received any prior offers? Is the seller open to a 13% concession, seller financing, or rate buy-down credit?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. 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?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  7. 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?
  8. 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?
  9. 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.
  10. 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.
  11. 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
1.35%
Cap rate
5.41%
Cash-on-cash
-3.16%
DSCR
0.86
GRM
6.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 4.28% rent growth · sell at horizon

5-year hold
IRR
-18.8%
Equity multiple
0.33×
Total profit
$-40,498
Equity at exit
$32,057
10-year hold
IRR
-7.0%
Equity multiple
0.51×
Total profit
$-29,704
Equity at exit
$18,589

Cash invested: $60,200 (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.

ZIP-level market 33484

Rents YoY
4.3%
Active inventory
543
Price-to-rent
6.2×

Monthly cashflow live

Estimated rent
$2,904 high interval (Pro) →
Mortgage (P&I)
$1,127
Tax from tax record
$186 /mo · $2,228/yr
Insurance
$90
HOA
$1,050
Vacancy / Maint / Mgmt
$610
Net cashflow
$-158

Break-even live

Break-even rent $3,105
Max offer price $187,029
Occupancy floor

Sensitivity live

Price -10% $-37 -5% $-97 +0% $-158 +5% $-219 +10% $-280
Rent -10% $-388 -5% $-273 +0% $-158 +5% $-44 +10% $71
Rate -1.0pp $-50 -0.5pp $-104 base $-158 +0.5pp $-214 +1.0pp $-271

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
$53,750
Closing costs
$6,450
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

AddressBedsBaths SqftRent$/sqft DOM Units Dist
16658 La Mesa Dr Delray Beach, FL 3.0 2.0 1779 $4,000 $2.25 26d 1 0.32mi
5072 Alencia Ct Delray Beach, FL 3.0 2.0 1638 $4,500 $2.75 26d 1 0.42mi
16843 Boca Delray Dr Delray Beach, FL 2.0 2.0 1533 $4,900 $3.20 24d 1 0.51mi
16387 Water Way #16387 Delray Beach, FL 2.0 2.0 943 $2,475 $2.62 26d 1 0.52mi
4801 S Citation Dr Delray Beach, FL 1.0–3.0 1.0–2.0 1180 $3,143 $2.66 0d 36 0.54mi
16363 Water Way Delray Beach, FL 2.0 2.0 943 $2,500 $2.65 26d 1 0.57mi
5241 Jog Ln Delray Beach, FL 3.0 2.5 1806 $3,650 $2.02 7d 1 0.67mi
16344 Country Lake Cir Delray Beach, FL 2.0 2.0 943 $2,150 $2.28 7d 1 0.69mi
16344 Country Lake Cir Delray Beach, FL 2.0 2.0 943 $2,250 $2.39 7d 1 0.69mi
2023 Valencia Dr Delray Beach, FL 3.0 2.0 1711 $3,895 $2.28 16d 1 0.84mi
2200 Bloods Grove Cir Delray Beach, FL 2.0–3.0 2.5 1611 $3,196 $1.98 7d 5 0.88mi
16075 Sims Rd #203 Delray Beach, FL 3.0 2.0 1716 $3,900 $2.27 26d 1 0.96mi
5241 Breadfruit Cir Delray Beach, FL 3.0 2.0 1462 $3,500 $2.39 22d 1 0.98mi
17256 Boca Club Blvd #1401 Boca Raton, FL 2.0 2.0 1271 $5,800 $4.56 26d 1 1.07mi
5310 Las Verdes Cir #106 Delray Beach, FL 2.0 2.0 1050 $1,900 $1.81 26d 1 1.08mi
39 Burgundy a Delray Beach, FL 2.0 2.0 902 $1,400 $1.55 26d 1 1.10mi
17274 Boca Club Blvd #2308 Boca Raton, FL 2.0 2.0 1271 $3,500 $2.75 16d 1 1.11mi
29 Burgundy a Delray Beach, FL 2.0 2.0 902 $1,800 $2.00 26d 1 1.11mi
16218 Sierra Palms Dr Delray Beach, FL 3.0 2.5 1474 $3,250 $2.20 22d 1 1.12mi
17324 Boca Club Blvd #903 Boca Raton, FL 3.0 2.0 1347 $4,800 $3.56 26d 1 1.14mi
17372 Boca Club Blvd #408 Boca Raton, FL 3.0 2.0 1271 $5,000 $3.93 26d 1 1.17mi
507 Capri Dr Delray Beach, FL 2.0 2.0 910 $2,200 $2.42 26d 1 1.18mi
509 Capri Dr Unit 509 Delray Beach, FL 2.0 2.0 910 $2,500 $2.75 3d 1 1.18mi
17340 Boca Club Blvd Boca Raton, FL 2.0 2.0 1071 $3,300 $3.08 26d 1 1.18mi
3216 Spanish Wells Dr Unit 26D Delray Beach, FL 2.0 2.5 1232 $2,400 $1.95 26d 1 1.18mi
481 Burgundy K #481 Delray Beach, FL 2.0 2.0 1200 $1,700 $1.42 20d 1 1.19mi
481 Burgundy K Delray Beach, FL 2.0 2.0 902 $1,700 $1.88 26d 1 1.19mi
3301 Spanish Wells Dr Unit D Delray Beach, FL 2.0 2.5 1400 $2,400 $1.71 26d 1 1.20mi
556 Capri L Unit L Delray Beach, FL 2.0 2.0 910 $1,575 $1.73 26d 1 1.21mi
5220 Las Verdes Cir Delray Beach, FL 2.0 2.0 963 $1,825 $1.90 24d 2 1.22mi
5220 Las Verdes Cir #101 Delray Beach, FL 2.0 2.0 876 $1,950 $2.23 7d 1 1.23mi
5130 Las Verdes Cir #101 Delray Beach, FL 2.0 2.0 1030 $1,825 $1.77 26d 1 1.25mi
17317 Boca Club Blvd #8 Boca Raton, FL 3.0 2.0 1639 $3,500 $2.14 18d 1 1.25mi
3118 Spanish Wells Dr Unit 15B Delray Beach, FL 2.0 2.5 1230 $2,650 $2.15 26d 1 1.27mi
5190 Las Verdes Cir #315 Delray Beach, FL 2.0 2.0 930 $2,000 $2.15 9d 1 1.27mi
5085 Bottlebrush St Delray Beach, FL 2.0 2.0 1165 $2,300 $1.97 24d 1 1.32mi
1885 Palm Cove Blvd Unit 10-203 Delray Beach, FL 2.0 2.0 992 $2,300 $2.32 6d 1 1.34mi
207 Capri E #207 Delray Beach, FL 2.0 2.0 910 $1,700 $1.87 9d 1 1.34mi
5299 Copperleaf Cir Delray Beach, FL 2.0 2.0 1070 $2,000 $1.87 26d 1 1.35mi
1825 Palm Cove Blvd Unit 7-105 Delray Beach, FL 2.0 2.0 946 $2,200 $2.33 16d 1 1.37mi

HOA detail condo

Monthly dues
$1,050 · $12,600/yr
Likely covers
poolgym
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 33 events

  1. 2026-06-21
    days on market $215,000 Active 56 DOM
  2. 2026-06-18
    days on market $215,000 Active 53 DOM
  3. 2026-06-17
    days on market $215,000 Active 52 DOM
  4. 2026-06-16
    days on market $215,000 Active 51 DOM
  5. 2026-06-15
    days on market $215,000 Active 50 DOM
  6. 2026-06-13
    days on market $215,000 Active 48 DOM
  7. 2026-06-09
    days on market $215,000 Active 44 DOM
  8. 2026-06-08
    days on market $215,000 Active 43 DOM
  9. 2026-06-07
    days on market $215,000 Active 42 DOM
  10. 2026-06-04
    days on market $215,000 Active 39 DOM
  11. 2026-06-03
    days on market $215,000 Active 38 DOM
  12. 2026-06-02
    days on market $215,000 Active 37 DOM
  13. 2026-06-01
    days on market $215,000 Active 36 DOM
  14. 2026-05-31
    days on market $215,000 Active 35 DOM
  15. 2026-05-23
    price $215,000
  16. 2026-04-26
    listed $225,000 Active
  17. 2016-08-18
    soldstatus $127,500
  18. 2016-08-15
    soldstatus $127,500 Closed 616-char remark
    Show marketing remark (616 chars)

    This nice first floor 2 bedroom 2 bath condo features remodeled eat in kitchen with granite counters and newer appliances, large living room with dining area, glass enclosed porch with golf view, tile floors, lots of closet space and laundry room. Tile floors and carpet in bedrooms. 18 hole challenging executive golf course,5 Har-Tru tennis courts,2 pools, hot tub. Clubhouse with Lunch room, fitness center, card room, community room, library & billiards. 24/7 Manned gate. Located close to beaches, shopping, restaurants and major roadways. Buyer to pay $2,000. Capital improvement reserve fund at closing.

  19. 2016-06-18
    historical Active Under Contract 616-char remark
    Show marketing remark (616 chars)

    This nice first floor 2 bedroom 2 bath condo features remodeled eat in kitchen with granite counters and newer appliances, large living room with dining area, glass enclosed porch with golf view, tile floors, lots of closet space and laundry room. Tile floors and carpet in bedrooms. 18 hole challenging executive golf course,5 Har-Tru tennis courts,2 pools, hot tub. Clubhouse with Lunch room, fitness center, card room, community room, library & billiards. 24/7 Manned gate. Located close to beaches, shopping, restaurants and major roadways. Buyer to pay $2,000. Capital improvement reserve fund at closing.

  20. 2016-05-01
    price $129,900 616-char remark
    Show marketing remark (616 chars)

    This nice first floor 2 bedroom 2 bath condo features remodeled eat in kitchen with granite counters and newer appliances, large living room with dining area, glass enclosed porch with golf view, tile floors, lots of closet space and laundry room. Tile floors and carpet in bedrooms. 18 hole challenging executive golf course,5 Har-Tru tennis courts,2 pools, hot tub. Clubhouse with Lunch room, fitness center, card room, community room, library & billiards. 24/7 Manned gate. Located close to beaches, shopping, restaurants and major roadways. Buyer to pay $2,000. Capital improvement reserve fund at closing.

  21. 2016-03-29
    price $124,500 616-char remark
    Show marketing remark (616 chars)

    This nice first floor 2 bedroom 2 bath condo features remodeled eat in kitchen with granite counters and newer appliances, large living room with dining area, glass enclosed porch with golf view, tile floors, lots of closet space and laundry room. Tile floors and carpet in bedrooms. 18 hole challenging executive golf course,5 Har-Tru tennis courts,2 pools, hot tub. Clubhouse with Lunch room, fitness center, card room, community room, library & billiards. 24/7 Manned gate. Located close to beaches, shopping, restaurants and major roadways. Buyer to pay $2,000. Capital improvement reserve fund at closing.

  22. 2016-03-09
    price $139,000 616-char remark
    Show marketing remark (616 chars)

    This nice first floor 2 bedroom 2 bath condo features remodeled eat in kitchen with granite counters and newer appliances, large living room with dining area, glass enclosed porch with golf view, tile floors, lots of closet space and laundry room. Tile floors and carpet in bedrooms. 18 hole challenging executive golf course,5 Har-Tru tennis courts,2 pools, hot tub. Clubhouse with Lunch room, fitness center, card room, community room, library & billiards. 24/7 Manned gate. Located close to beaches, shopping, restaurants and major roadways. Buyer to pay $2,000. Capital improvement reserve fund at closing.

  23. 2016-02-28
    listed $149,900 Active 616-char remark
    Show marketing remark (616 chars)

    This nice first floor 2 bedroom 2 bath condo features remodeled eat in kitchen with granite counters and newer appliances, large living room with dining area, glass enclosed porch with golf view, tile floors, lots of closet space and laundry room. Tile floors and carpet in bedrooms. 18 hole challenging executive golf course,5 Har-Tru tennis courts,2 pools, hot tub. Clubhouse with Lunch room, fitness center, card room, community room, library & billiards. 24/7 Manned gate. Located close to beaches, shopping, restaurants and major roadways. Buyer to pay $2,000. Capital improvement reserve fund at closing.

  24. 2013-07-16
    soldstatus $86,500
  25. 2013-07-12
    soldstatus $86,500 Closed 401-char remark
    Show marketing remark (401 chars)

    FIRST FLOOR CONDO, EAT IN KITCHEN, GREAT ROOM W/ DINING AREA, ENCLOSED PORCH (FLORIDA RM), SPLIT BEDROOMS W/ LARGE CLOSETS. ACTIVE CLUBHOUSE W/ LUNCH ROOM, EXERCISE RM, LIBRARY, BILLIARDS and CARD ROOM. NONE EQUITY CLUB W/ 18 HOLE CHALLANGING EXECUTIVE GOLF COURSE, 5 HAR TRU TENNIS COURTS, PRO SHOP, GOLF PRO, 24/7 MANNED GATE, GREAT LOCATION, CLOSE to BEACH, RESTAURANTS, SHOPPING and MAJOR HIGHWAYS

  26. 2013-05-24
    historical Contingent 401-char remark
    Show marketing remark (401 chars)

    FIRST FLOOR CONDO, EAT IN KITCHEN, GREAT ROOM W/ DINING AREA, ENCLOSED PORCH (FLORIDA RM), SPLIT BEDROOMS W/ LARGE CLOSETS. ACTIVE CLUBHOUSE W/ LUNCH ROOM, EXERCISE RM, LIBRARY, BILLIARDS and CARD ROOM. NONE EQUITY CLUB W/ 18 HOLE CHALLANGING EXECUTIVE GOLF COURSE, 5 HAR TRU TENNIS COURTS, PRO SHOP, GOLF PRO, 24/7 MANNED GATE, GREAT LOCATION, CLOSE to BEACH, RESTAURANTS, SHOPPING and MAJOR HIGHWAYS

  27. 2013-04-30
    price $99,900 Price Change 401-char remark
    Show marketing remark (401 chars)

    FIRST FLOOR CONDO, EAT IN KITCHEN, GREAT ROOM W/ DINING AREA, ENCLOSED PORCH (FLORIDA RM), SPLIT BEDROOMS W/ LARGE CLOSETS. ACTIVE CLUBHOUSE W/ LUNCH ROOM, EXERCISE RM, LIBRARY, BILLIARDS and CARD ROOM. NONE EQUITY CLUB W/ 18 HOLE CHALLANGING EXECUTIVE GOLF COURSE, 5 HAR TRU TENNIS COURTS, PRO SHOP, GOLF PRO, 24/7 MANNED GATE, GREAT LOCATION, CLOSE to BEACH, RESTAURANTS, SHOPPING and MAJOR HIGHWAYS

  28. 2013-04-15
    price $102,000 Price Change 401-char remark
    Show marketing remark (401 chars)

    FIRST FLOOR CONDO, EAT IN KITCHEN, GREAT ROOM W/ DINING AREA, ENCLOSED PORCH (FLORIDA RM), SPLIT BEDROOMS W/ LARGE CLOSETS. ACTIVE CLUBHOUSE W/ LUNCH ROOM, EXERCISE RM, LIBRARY, BILLIARDS and CARD ROOM. NONE EQUITY CLUB W/ 18 HOLE CHALLANGING EXECUTIVE GOLF COURSE, 5 HAR TRU TENNIS COURTS, PRO SHOP, GOLF PRO, 24/7 MANNED GATE, GREAT LOCATION, CLOSE to BEACH, RESTAURANTS, SHOPPING and MAJOR HIGHWAYS

  29. 2013-03-29
    listed $110,000 Active 401-char remark
    Show marketing remark (401 chars)

    FIRST FLOOR CONDO, EAT IN KITCHEN, GREAT ROOM W/ DINING AREA, ENCLOSED PORCH (FLORIDA RM), SPLIT BEDROOMS W/ LARGE CLOSETS. ACTIVE CLUBHOUSE W/ LUNCH ROOM, EXERCISE RM, LIBRARY, BILLIARDS and CARD ROOM. NONE EQUITY CLUB W/ 18 HOLE CHALLANGING EXECUTIVE GOLF COURSE, 5 HAR TRU TENNIS COURTS, PRO SHOP, GOLF PRO, 24/7 MANNED GATE, GREAT LOCATION, CLOSE to BEACH, RESTAURANTS, SHOPPING and MAJOR HIGHWAYS

  30. 1999-11-12
    soldstatus $105,000
  31. 1992-11-03
    soldstatus $100,000
  32. 1987-09-01
    soldstatus $108,500
  33. 1986-01-01
    soldstatus $80,100

ⓘ 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
$2,228 · $186/mo
Projected year-2 tax
$2,228 · $186/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 ≥106°F today · 26 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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$34,851
− Mortgage interest
−$12,043
− Property taxes
−$2,228
− Insurance
−$1,075
− Repairs & maintenance
−$2,788
− Management
−$2,788
− HOA
−$12,600
− Depreciation
−$6,255
Taxable loss
−$4,926
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,182
After-tax cash flow
$-718/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

County
Palm Beach County · 1,438,312 people
City population
123,167
Metro
Miami-Fort Lauderdale-Pompano Beach, FL
Population (ZIP)
26,208
Household income
$62,151
Rent vs Own
19.0% rent · 81.0% own
Severe rent burden
991.0

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
Predominantly White (74%)
Race & ethnicity
White 74% Hispanic / Latino 14% Two or more races 10% Black 5% Asian 2%
Hispanic origin (detail)
Puerto Rican 2% Cuban 2%
Common ancestry
Scotch-Irish 7% Romanian 6% Italian 2%
Foreign-born
23% · Canada, Jamaica, China
Languages at home
76% English-only · Spanish 13% Russian/Polish/Slavic 3% French/Haitian/Cajun 3%

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
▼ -232.73%
Current HPI
254.5016
Rent YoY
▲ 4.28%
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

Price history

+168.4% since first listed
19 events — show timeline
  • 2026-05-23 Price Changed $215,000 Beaches MLS
  • 2026-04-26 Listed $225,000 Beaches MLS
  • 2016-08-18 Sold (Public Records) $127,500 Public Records
  • 2016-08-15 Sold (MLS) $127,500 Beaches MLS
  • 2016-06-18 Contingent Beaches MLS
  • 2016-05-01 Price Changed $129,900 Beaches MLS
  • 2016-03-29 Price Changed $124,500 Beaches MLS
  • 2016-03-09 Price Changed $139,000 Beaches MLS
  • 2016-02-28 Listed $149,900 Beaches MLS
  • 2013-07-16 Sold (Public Records) $86,500 Public Records
  • 2013-07-12 Sold (MLS) $86,500 Beaches MLS
  • 2013-05-24 Contingent Beaches MLS
  • 2013-04-30 Price Changed $99,900 Beaches MLS
  • 2013-04-15 Price Changed $102,000 Beaches MLS
  • 2013-03-29 Listed $110,000 Beaches MLS
  • 1999-11-12 Sold (Public Records) $105,000 Public Records
  • 1992-11-03 Sold (Public Records) $100,000 Public Records
  • 1987-09-01 Sold (Public Records) $108,500 Public Records
  • 1986-01-01 Sold (Public Records) $80,100 Public Records

Property tax history

+5.5%/yr

Latest (2025): $2,228 · +3.6% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…