7874 Laina Ln #1 · Golf, FL 33437

$289,000

3 bd · 2.0 ba · 1,375 sqft · Condo public records · 99 Days on market

Built 1998 $619/mo HOA · 18% of rent

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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 +18.3/30.0
• ARV discount +7.5/15.0
• 1% rule +6.7/10.0
• DSCR +5.7/10.0
• Appreciation +4.9/10.0
• Schools +4.3/10.0
• Livability +3.2/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

STUNNING AND PRISTINE GROUND FL COACH HOME. VERY NEUTRAL, ALL NEW TILED FLS. THIS UNIT LOOKS LIKE A MODEL THAT NO ONE LIVES IN. NEEDS NOTHING!! NOT EVEN PAINT!

Key facts

• Lake views
• Newer appliances
• New water heater

Tags

• LAKE VIEWS
• NEWER APPLIANCES
• NEW A/C
• NEW WATER HEATER
• NEW ROOF
• ENCLOSED SCREENED LANAI

Property features AI

Finance

• Other: Pets allowed (breed restrictions and possible pet restrictions); Senior community
• Financial info: Land lease not required
• HOA & community: Association managed by Campbell Property Management; Monthly HOA fee (monthly); Association amenities include pool (heated), spa/hot tub, sauna, fitness center, clubhouse, billiard room, game room, community room, lobby, library, recreation facilities, tennis courts, pickleball courts, bocce ball, putting green, gated access, internet included

Exterior

• Parking: Attached garage with garage door opener; Covered parking; Driveway parking; Guest parking; Total parking for 2 vehicles; 1 garage space
• Security: Gated community with security guard and security patrol; Building security; Closed-circuit cameras; Security lights
• Utilities: Public water; Public sewer; Cable connected; Electricity connected; Phone available; Water available
• Home design: Condominium; One-story; Resale; Accessible common areas and entrance; Faces southeast
• Construction: Concrete/CBS construction; Spanish tile roof
• Exterior features: Covered patio; Screened patio; Glass-enclosed patio; Patio; Sidewalks; Waterfront; Private road frontage (west of US-1); Asphalt/paved roads; Private maintained road

Interior

• Kitchen: Electric range / cooktop; Microwave; Dishwasher; Disposal; Refrigerator; Freezer; ENERGY STAR qualified refrigerator
• Bedrooms: Three bedrooms (all on the main level)
• Flooring: Tile; Vinyl
• Bathrooms: Two full bathrooms (main level)
• Heating & cooling: Central heating (electric); Central air conditioning (electric); Ceiling fans
• Interior features: Built-in features; High ceilings; Walk-in closets; Split bedroom layout; Closet cabinetry; Custom mirrors
• Laundry & utility: Inside laundry room; ENERGY STAR qualified washer; ENERGY STAR qualified dryer; Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath condo listed at $289k.

Deal economics

• At list price, monthly cash flow is $264 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $289k).
• Recommended offer: $263k (9.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 63/100 on livability (#703 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F, cost of living F.
• Palm Beach (suburban): math 46% / reading 53% proficiency, ranked #34 of 73 in FL (top 47%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+1.3%/yr); 479 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals at typical pace (median 22d 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).
• At $3,383/mo this rent would consume 50% of the median local household income ($81k/yr) (locally 902% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $1k of equity ($2k loan paydown + $-699 appreciation (-0.2% local appreciation)).
• 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 ($263k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 20y 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

• 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 $262,990 (9.0% below list)

Questions for the listing agent

1. 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?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. 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?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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.
7. 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.
8. 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: 1.17% ✓
• Cap rate: 7.39%
• Cash-on-cash: 3.92%
• DSCR: 1.17
• GRM: 7.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-0.24% appreciation · 1.28% rent growth · sell at horizon

5-year hold

• IRR: -0.1%
• Equity multiple: 1.00×
• Total profit: $-349
• Equity at exit: $80,441

10-year hold

• IRR: 4.2%
• Equity multiple: 1.42×
• Total profit: $34,041
• Equity at exit: $93,962

Cash invested: $80,920 (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 33437

• Home prices YoY: -0.1%
• Rents YoY: 1.3%
• Active inventory: 479
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $3,383 high
• Mortgage (P&I): −$1,516
• Tax from tax record: −$154 /mo · $1,844/yr
• Insurance: −$120
• HOA: −$619
• Vacancy / Maint / Mgmt: −$710
• Net cashflow: $264

Break-even live

Break-even rent $3,049

Max offer price $289,000

Occupancy floor 87%

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: $72,250
• Closing costs: $8,670
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7933 Venture Center Way Boynton Beach, FL	1.0–3.0	1.0–2.0	1120	$2,921	$2.61	1d	16	0.48mi
7275 Summer Tree Dr Boynton Beach, FL	2.0	2.0	1722	$4,300	$2.50	24d	1	0.67mi
7192 Summer Tree Dr Boynton Beach, FL	2.0	2.0	1722	$3,000	$1.74	24d	1	0.79mi
7832 Rockford Rd Boynton Beach, FL	3.0	2.0	1598	$3,800	$2.38	21d	1	0.81mi
7936 Rockford Rd Boynton Beach, FL	3.0	2.0	1871	$9,000	$4.81	21d	1	0.97mi
7975 Rockford Rd Boynton Beach, FL	2.0	2.0	1720	$3,700	$2.15	24d	1	1.07mi
10206 Stonehenge Cir Boynton Beach, FL	1.0–3.0	1.0–2.0	1054	$2,825	$2.68	2d	13	1.27mi
8451 Siciliano St Boynton Beach, FL	3.0	2.0	1627	$3,200	$1.97	12d	1	1.46mi
8481 Siciliano St Unit 8481 Boynton Beach, FL	3.0	2.0	1774	$3,650	$2.06	24d	1	1.46mi

HOA detail condo

• Monthly dues: $619 · $7,428/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 26 events

1. 2026-06-18
   days on market $289,000 Active 99 DOM
2. 2026-06-17
   days on market $289,000 Active 98 DOM
3. 2026-06-16
   days on market $289,000 Active 97 DOM
4. 2026-06-15
   days on market $289,000 Active 96 DOM
5. 2026-06-13
   days on market $289,000 Active 94 DOM
6. 2026-06-09
   days on market $289,000 Active 90 DOM
7. 2026-06-08
   days on market $289,000 Active 89 DOM
8. 2026-06-07
   days on market $289,000 Active 88 DOM
9. 2026-06-04
   days on market $289,000 Active 85 DOM
10. 2026-06-03
    days on market $289,000 Active 84 DOM
11. 2026-06-02
    days on market $289,000 Active 83 DOM
12. 2026-06-01
    days on market $289,000 Active 82 DOM
13. 2026-05-31
    days on market $289,000 Active 81 DOM
14. 2026-04-16
    price $289,000
15. 2026-03-27
    price $294,900
16. 2026-03-11
    listed $299,000 Active
17. 2025-12-11
    historical $2,500
18. 2025-12-08
    price $2,500
19. 2025-11-11
    price $2,785
20. 2025-10-26
    listed $3,100
21. 2008-04-29
    historical
22. 2008-01-30
    listed $299,000
23. 2007-09-12
    soldstatus $252,500
24. 2007-09-05
    soldstatus $252,500 159-char remark

    Show marketing remark (159 chars)

    STUNNING AND PRISTINE GROUND FL COACH HOME. VERY NEUTRAL, ALL NEW TILED FLS. THIS UNIT LOOKS LIKE A MODEL THAT NO ONE LIVES IN. NEEDS NOTHING!! NOT EVEN PAINT!

25. 2007-03-20
    historical 159-char remark

    Show marketing remark (159 chars)

    STUNNING AND PRISTINE GROUND FL COACH HOME. VERY NEUTRAL, ALL NEW TILED FLS. THIS UNIT LOOKS LIKE A MODEL THAT NO ONE LIVES IN. NEEDS NOTHING!! NOT EVEN PAINT!

26. 2006-09-11
    listed $265,000 159-char remark

    Show marketing remark (159 chars)

    STUNNING AND PRISTINE GROUND FL COACH HOME. VERY NEUTRAL, ALL NEW TILED FLS. THIS UNIT LOOKS LIKE A MODEL THAT NO ONE LIVES IN. NEEDS NOTHING!! NOT EVEN PAINT!

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $1,844 · $154/mo
• Projected year-2 tax: $2,399 · $200/mo
• Expected delta: +$555/yr (+$46/mo · 30.1%)

ⓘ 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 2/10 Low 0 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $40,599
• − Mortgage interest: −$16,188
• − Property taxes: −$1,844
• − Insurance: −$1,445
• − Repairs & maintenance: −$3,248
• − Management: −$3,248
• − HOA: −$7,428
• − Depreciation: −$8,407
• Taxable loss: −$1,209
• Est. tax savings @ 24.0%: +$290
• After-tax cash flow: $3,460/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 — Golf

• Score: 63/100
• State rank: #703
• US rank: #14941

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Palm Beach County · 1,438,312 people
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 37,229
• Household income: $80,710
• Rent vs Own: 14.5% rent · 85.5% own
• Severe rent burden: 902.0

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 (68%)
• Race & ethnicity: White 68% Two or more races 13% Hispanic / Latino 12% Black 10% Asian 3%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2% Cuban 1% Dominican 1%
• Common ancestry: Scotch-Irish 8% Romanian 8% Hispanic 6%
• Foreign-born: 18% · Canada, Jamaica, Vietnam
• Languages at home: 78% English-only · Spanish 10% French/Haitian/Cajun 6% 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: ▼ -0.24%
• Current HPI: 257.5891
• Rent YoY: ▲ 1.28%
• 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
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+9.1% since first listed

13 events — show timeline

• 2026-04-16 Price Changed $289,000 Beaches MLS
• 2026-03-27 Price Changed $294,900 Beaches MLS
• 2026-03-11 Listed $299,000 Beaches MLS
• 2025-12-11 Rental Removed $2,500 RMLSFL
• 2025-12-08 Price Changed $2,500 RMLSFL
• 2025-11-11 Price Changed $2,785 RMLSFL
• 2025-10-26 Listed for Rent $3,100 RMLSFL
• 2008-04-29 Listing Removed — Beaches MLS
• 2008-01-30 Listed $299,000 Beaches MLS
• 2007-09-12 Sold (Public Records) $252,500 Public Records
• 2007-09-05 Sold (MLS) $252,500 Beaches MLS
• 2007-03-20 Listing Removed — Beaches MLS
• 2006-09-11 Listed $265,000 Beaches MLS

Property tax history

+1.3%/yr

Latest (2025): $1,844 · +3.7% YoY. Source: county tax records.