3362 Lucerne Park Dr · Greenacres, 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 106°F)
- 7 days/yr
- Hot days in 30 yrs
- 24 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).
- ARV discount +14.0/15.0
- Cash flow +13.0/30.0
- 1% rule +8.3/10.0
- Condition / age +4.0/5.0
- DSCR +3.9/10.0
- Livability +3.5/5.0
- Schools +3.2/10.0
- Rent growth +2.4/5.0
- Appreciation +0.0/10.0
$185,500
3362 Lucerne Park Dr · Greenacres, FL 33467
3 bd · 2.0 ba · 1,275 sqft · Townhouse
· 134 Days on market
Built 1985
$145/sqft
· 14% below area
Est $217k · 14% under
$670/mo HOA · 27% of rent
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Key facts
- $670 HOA
- 96 parking spots
- Community pool
Neighborhood map
Sold within
Property
Rental comp
Retail
Costco
Walmart
Transit
Schools
Stadiums
Fortune 500
· Circle radius: 6.0 mi
Loading POIs…
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath townhouse listed at $186k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-10 ($-117/yr) — negative.
- To cash-flow at today's rent, offer at most $184k (0.8% below list).
- Meets the 1% rule at list price ($2k rent vs $186k).
- Recommended offer: $163k (12.0% below list) — sets the bar for market timing.
- Cap rate 6.2% vs local median 4.3% in Greenacres — 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 69/100 on livability (#490 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A; Watch: employment D, amenities F, commute F.
- Palm Beach (suburban): math 46% / reading 53% proficiency, ranked #34 of 73 in FL (top 47%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Zoned schools: Liberty Park Elementary School (math 25% / reading 38%, grade F, #1,841 of 2,144 statewide, top 86%, 845 students, 76% FRL); Okeeheelee Middle School (math 34% / reading 40%, grade F, #399 of 571 statewide, top 71%, 1,377 students, 68% FRL); John I. Leonard High School (math 17% / reading 35%, grade F, #494 of 667 statewide, top 75%, 3,549 students, 67% FRL) — zoned schools average 70% FRL vs 52% district-wide (18 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Zoned-school proficiency averages 32% at this address vs 50% district-wide (-18 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 soft (-0.4%/yr); 904 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 54d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 65% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 3,974 units permitted in Palm Beach County in 2024 (1,012 in 5+ unit buildings).
- This rent runs 31% of the median local income ($96k/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 $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 134 days — a 12% lower offer ($163k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Watch-outs: HOA is 27% of rent.
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer
$163,240
(12.0% below list)
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 134 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- 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 for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 1.33% ✓
- Cap rate
- 6.23%
- Cash-on-cash
- -0.23%
- DSCR
- 0.99
- GRM
- 6.3
CMA / ARV
- ARV (median comp)
- $216,902
- List price
- $185,500
- Delta
- -14.48%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 3395 Jog Park Dr | 0.27mi | 3/2.0 | 1,396 (+10%) | 2mo | $155,000 | $111 | 70 |
| 6850 10th Ave N #310 | 0.44mi | 2/2.0 (-1) | 1,222 (-4%) | 1mo | $125,000 | $102 | 67 |
| 6850 10th Ave N #406 | 0.44mi | 2/2.0 (-1) | 1,222 (-4%) | 1mo | $90,000 | $74 | 67 |
| 6768 N 10th Ave N #209 | 0.38mi | 2/2.0 (-1) | 1,398 (+10%) | 0mo | $66,000 | $47 | 61 |
| 6698 10th Ave N #106 | 0.32mi | 2/2.0 (-1) | 1,435 (+12%) | 1mo | $140,000 | $98 | 58 |
| 3590 Via Poinciana #501 | 0.42mi | 2/2.0 (-1) | 1,114 (-13%) | 1mo | $138,000 | $124 | 53 |
| 3186 Via Poinciana #211 | 0.44mi | 2/2.0 (-1) | 1,092 (-14%) | 2mo | $89,000 | $82 | 49 |
| 722 Sunny Pine Way Unit B1 | 0.63mi | 2/2.0 (-1) | 1,111 (-13%) | 1mo | $260,000 | $234 | 43 |
| 3595 Birdie Dr #108 | 0.59mi | 2/2.0 (-1) | 1,090 (-14%) | 1mo | $137,000 | $126 | 42 |
| 3597 Birdie Dr Unit 202c | 0.62mi | 2/2.0 (-1) | 1,090 (-14%) | 0mo | $118,500 | $109 | 42 |
| 3595 Birdie Dr #601 | 0.59mi | 2/2.0 (-1) | 1,090 (-14%) | 4mo | $185,000 | $170 | 40 |
| 801 Sky Pine Way Unit A2 | 0.75mi | 2/2.0 (-1) | 1,111 (-13%) | 2mo | $145,000 | $131 | 37 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 0.0% rent growth · sell at horizon
5-year hold
- IRR
- -21.7%
- Equity multiple
- 0.28×
- Total profit
- $-37,438
- Equity at exit
- $27,659
10-year hold
- IRR
- -34.0%
- Equity multiple
- -0.14×
- Total profit
- $-59,422
- Equity at exit
- $16,039
Cash invested: $51,940 (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.
Buyer's market
Market conditions
within 1.0 mi — comparable homes for sale
Active competition Active MLS
- For sale now
- 187 active · 90 under contract
- Months of supply
- 33.0 mo (3%/mo absorbed)
- Median asking
- $209,000 ($172/sqft)
- Median days on market
- 98 d
- This list price
- 36% of active listings are priced below it
- ARV vs active asking
- -1.3% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 33467
- Rents YoY
- -0.4%
- Active inventory
- 904
- Price-to-rent
- 6.3×
Monthly cashflow live
↻
- Estimated rent
- $2,458 high interval (Pro) →
- Mortgage (P&I)
- −$973
- Tax est. 1.5%
- −$232 /mo · $2,782/yr
- Insurance
- −$77
- HOA
- −$670
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$516
- Net cashflow
- $-10
Break-even live
Break-even rent
$2,471
Max offer price
$184,085
Occupancy floor
95%
Sensitivity live
| Price | -10% $118 | -5% $54 | +0% $-10 | +5% $-74 | +10% $-138 |
|---|---|---|---|---|---|
| Rent | -10% $-204 | -5% $-107 | +0% $-10 | +5% $87 | +10% $184 |
| Rate | -1.0pp $84 | -0.5pp $37 | base $-10 | +0.5pp $-58 | +1.0pp $-107 |
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
- $46,375
- Closing costs
- $5,565
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- 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 |
|---|---|---|---|---|---|---|---|---|
| 3362 Lucerne Park Dr Greenacres, FL | 3.0 | 2.0 | 1275 | $1,950 | $1.53 | 11d | 1 | 0.03mi |
| 3386 Lucerne Park Dr Greenacres, FL | 2.0 | 2.0 | 1059 | $1,850 | $1.75 | 78d | 1 | 0.06mi |
| 3258 Jog Park Dr Greenacres, FL | 2.0 | 2.0 | 1415 | $2,300 | $1.63 | 120d | 1 | 0.25mi |
| 3357 Jog Park Dr Unit 4212C Greenacres, FL | 3.0 | 2.0 | 1396 | $2,500 | $1.79 | 89d | 1 | 0.25mi |
| 3024 Lucerne Park Dr Greenacres, FL | 3.0 | 2.0 | 1545 | $3,100 | $2.01 | 120d | 1 | 0.25mi |
| 3334 Perimeter Dr Greenacres, FL | 3.0 | 2.0 | 1275 | $2,000 | $1.57 | 65d | 1 | 0.25mi |
| 3345 Lucerne Park Dr Unit 3345 Greenacres, FL | 2.0 | 2.0 | 1133 | $1,900 | $1.68 | 47d | 1 | 0.25mi |
| 3323 Perimeter Dr #1616 Greenacres, FL | 3.0 | 2.0 | 1275 | $2,200 | $1.73 | 18d | 1 | 0.25mi |
| 3350 Perimeter Dr #1323 Greenacres, FL | 2.0 | 2.0 | 1059 | $1,975 | $1.86 | 97d | 1 | 0.25mi |
| 202 Wedgewood Cir Greenacres, FL | 3.0 | 2.0 | 1569 | $3,000 | $1.91 | 11d | 1 | 0.27mi |
| 202 Wedgewood Cir Greenacres, FL | 3.0 | 2.0 | 1569 | $3,000 | $1.91 | 26d | 1 | 0.27mi |
| 3043 Grandiflora Dr Lake Worth, FL | 3.0 | 2.0 | 1316 | $2,700 | $2.05 | 89d | 1 | 0.29mi |
| 3043 Grandiflora Dr Lake Worth, FL | 3.0 | 2.0 | 1316 | $2,700 | $2.05 | 107d | 1 | 0.29mi |
| 3482 Stanton Ter Lake Worth, FL | 2.0 | 1.0 | 1728 | $2,800 | $1.62 | 47d | 1 | 0.31mi |
| 3356 Via Mancebo St Lake Worth, FL | 3.0 | 2.5 | 1728 | $2,650 | $1.53 | 33d | 1 | 0.32mi |
| 3356 Via Mancebo St Lake Worth, FL | 3.0 | 2.5 | 1728 | $2,550 | $1.48 | 2d | 1 | 0.32mi |
| 6698 10th Ave N Lake Worth, FL | 2.0–3.0 | 2.0 | 1499 | $2,000 | $1.33 | 3d | 2 | 0.33mi |
| 6698 10th Ave N #301 Lake Worth, FL | 3.0 | 2.0 | 1564 | $2,000 | $1.28 | 49d | 1 | 0.34mi |
| 6254 Blue Baneberry Ln Greenacres, FL | 2.0 | 2.0 | 1401 | $2,250 | $1.61 | 4d | 1 | 0.36mi |
| 6273 Tall Cypress Cir Greenacres, FL | 3.0 | 2.0 | 1360 | $2,300 | $1.69 | 41d | 1 | 0.37mi |
| 6285 Tall Cypress Cir Greenacres, FL | 2.0 | 2.0 | 1556 | $2,300 | $1.48 | 83d | 1 | 0.40mi |
| 3154 Via Poinciana #214 Lake Worth, FL | 2.0 | 2.0 | 1092 | $1,500 | $1.37 | 120d | 1 | 0.41mi |
| 3154 Via Poinciana #116 Lake Worth, FL | 2.0 | 2.0 | 1092 | $2,200 | $2.01 | 88d | 1 | 0.41mi |
| 3465 Via Poinciana #804 Lake Worth, FL | 2.0 | 2.0 | 1156 | $1,700 | $1.47 | 41d | 1 | 0.42mi |
| 3146 Via Poinciana #301 Lake Worth, FL | 2.0 | 2.0 | 1080 | $1,500 | $1.39 | 116d | 1 | 0.42mi |
| 3425 Via Poinciana #201 Lake Worth, FL | 2.0 | 2.0 | 1034 | $2,300 | $2.22 | 54d | 1 | 0.42mi |
| 3793 Heather Dr W Greenacres, FL | 2.0 | 1.0 | 1050 | $2,200 | $2.10 | 28d | 1 | 0.44mi |
| 3590 Via Poinciana #202 Lake Worth, FL | 2.0 | 2.0 | 1114 | $1,800 | $1.62 | 28d | 1 | 0.45mi |
| 3803 Heather Dr W Greenacres, FL | 3.0 | 2.0 | 1147 | $2,500 | $2.18 | 29d | 1 | 0.45mi |
| 3178 Via Poinciana #303 Lake Worth, FL | 2.0 | 2.0 | 1145 | $1,600 | $1.40 | 120d | 1 | 0.47mi |
| 6209 Olivewood Cir Greenacres, FL | 2.0 | 2.0 | 1417 | $2,300 | $1.62 | 88d | 1 | 0.48mi |
| 3212 Strawflower Way Lake Worth, FL | 2.0 | 2.0 | 1017 | $2,000 | $1.97 | 113d | 2 | 0.50mi |
| 3212 Strawflower Way Greenacres, FL | 2.0 | 2.0 | 1017 | $2,200 | $2.16 | 106d | 1 | 0.50mi |
| 3212 Strawflower Way #207 Lake Worth, FL | 2.0 | 2.0 | 1017 | $1,850 | $1.82 | 120d | 1 | 0.50mi |
| 3212 Strawflower Way #207 Lake Worth, FL | 2.0 | 2.0 | 1017 | $1,800 | $1.77 | 18d | 1 | 0.50mi |
| 3166 Via Poinciana #2 Lake Worth, FL | 3.0 | 2.0 | 1345 | $2,300 | $1.71 | 0d | 1 | 0.51mi |
| 720 Sunny Pine Way Unit G2 Greenacres, FL | 2.0 | 2.0 | 1111 | $1,850 | $1.67 | 26d | 1 | 0.51mi |
| 720 Sunny Pine Way Unit G1 Greenacres, FL | 2.0 | 2.0 | 1111 | $2,000 | $1.80 | 115d | 1 | 0.51mi |
| 3286 Arcara Way #413 Lake Worth, FL | 2.0 | 2.0 | 1222 | $1,800 | $1.47 | 0d | 1 | 0.52mi |
| 718 Sunny Pine Way Unit H2 Greenacres, FL | 2.0 | 2.0 | 1111 | $2,000 | $1.80 | 100d | 1 | 0.52mi |
Property features AI
Finance
- Other
- Senior communityGreen/energy-efficient features include insulation and thermostatAccessibility features throughout (accessible bedrooms, closets, common areas, kitchen, appliances, doors, entrances, bathrooms, hallways, stairways and washer/dryer; adaptable bathroom walls; reinforced floors; visitable design; safe emergency egress; smart technology)
- Financial info
- Community of 5 unitsPets allowed with breed restrictions
- HOA & community
- Monthly association feeCommunity amenities: clubhouse, fitness center, pool, tennis courts, billiard room, game room, trails, parking, manager on site, internet included, library, sidewalks, street lightsAssociation covers cable TV, insurance, grounds maintenance, pest control, sewer, trash, water, common real estate tax and hot water
Exterior
- Parking
- Total of 96 parking spaces in communityDetached carport with 2 covered spacesAssigned and deeded parkingOpen guest parkingAsphalt and concrete surfacesElectric vehicle charging station(s)
- Security
- Closed-circuit camerasFire alarmFire sprinkler systemSecurity lightsSecurity systemGated community (no guard)
- Utilities
- Public waterPublic sewerThree-phase electric serviceCable availableSewer availableWater available
- Home design
- CondominiumResale conditionEntry-level living areaTwo-story buildingFaces north
- Construction
- Concrete block / CBS constructionBlock and concrete materialsSecond/third floor concreteWood truss/rafter roof framingRoof materials include concrete, composition, shingle and tile
- Exterior features
- Covered patioOpen patioScreened patioScreened porchDeckPorchPatioCul-de-sac lotCorner lotInterior lotSidewalksPaved road frontageWaterfront with no fixed bridge
Interior
- Kitchen
- DishwasherElectric rangeMicrowaveRefrigeratorKitchen island
- Bedrooms
- Three bedrooms on the main level
- Flooring
- CarpetTileVinylWood
- Bathrooms
- Two full bathrooms on the main level
- Heating & cooling
- Central heating (electric)Wall furnaceCentral air conditioningCeiling fans
- Interior features
- Built-in featuresCathedral ceilingsEntrance foyerHigh ceilingsKitchen islandVaulted ceilingsWalk-in closetsSplit bedroom layoutCloset cabinetryCustom mirrorsDome kitchenUpstairs living area
- Laundry & utility
- Washer hookupLaundry tubCommon area laundry accessInside laundry accessElectric water heater
Listing history 50 events
-
2026-09-05days on market $185,500 Active 134 DOM
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2026-09-04days on market $185,500 Active 133 DOM
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2026-09-03days on market $185,500 Active 132 DOM
-
2026-08-31days on market $185,500 Active 129 DOM
-
2026-08-29days on market $185,500 Active 127 DOM
-
2026-08-28days on market $185,500 Active 126 DOM
-
2026-08-27days on market $185,500 Active 125 DOM
-
2026-08-25days on market $185,500 Active 123 DOM
-
2026-08-24days on market $185,500 Active 122 DOM
-
2026-08-23days on market $185,500 Active 121 DOM
-
2026-08-22days on market $185,500 Active 120 DOM
-
2026-08-21days on market $185,500 Active 119 DOM
-
2026-08-20days on market $185,500 Active 118 DOM
-
2026-08-19days on market $185,500 Active 117 DOM
-
2026-08-18days on market $185,500 Active 116 DOM
-
2026-08-17days on market $185,500 Active 115 DOM
-
2026-08-16days on market $185,500 Active 114 DOM
-
2026-08-15days on market $185,500 Active 113 DOM
-
2026-08-14days on market $185,500 Active 112 DOM
-
2026-08-13days on market $185,500 Active 111 DOM
-
2026-08-12days on market $185,500 Active 110 DOM
-
2026-08-11days on market $185,500 Active 109 DOM
-
2026-08-10days on market $185,500 Active 108 DOM
-
2026-08-09days on market $185,500 Active 107 DOM
-
2026-08-08days on market $185,500 Active 106 DOM
-
2026-08-06days on market $185,500 Active 104 DOM
-
2026-08-05days on market $185,500 Active 103 DOM
-
2026-08-03days on market $185,500 Active 101 DOM
-
2026-07-31days on market $185,500 Active 98 DOM
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2026-07-26days on market $185,500 Active 93 DOM
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2026-07-24days on market $185,500 Active 91 DOM
-
2026-07-23days on market $185,500 Active 90 DOM
-
2026-07-22days on market $185,500 Active 89 DOM
-
2026-07-21days on market $185,500 Active 88 DOM
-
2026-07-20days on market $185,500 Active 87 DOM
-
2026-07-18days on market $185,500 Active 85 DOM
-
2026-07-18days on market $185,500 Active 84 DOM
-
2026-07-16days on market $185,500 Active 83 DOM
-
2026-07-15days on market $185,500 Active 82 DOM
-
2026-07-14days on market $185,500 Active 81 DOM
-
2026-07-13days on market $185,500 Active 80 DOM
-
2026-07-13days on market $185,500 Active 79 DOM
-
2026-07-12days on market $185,500 Active 78 DOM
-
2026-07-10days on market $185,500 Active 77 DOM
-
2026-07-09days on market $185,500 Active 76 DOM
-
2026-07-07days on market $185,500 Active 74 DOM
-
2026-07-06days on market $185,500 Active 73 DOM
-
2026-07-06days on market $185,500 Active 72 DOM
-
2026-07-05days on market $185,500 Active 71 DOM
-
2026-07-03days on market $185,500 Active 70 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
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 · 24 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
- $29,501
- − Mortgage interest
- −$10,391
- − Property taxes
- −$2,782
- − Insurance
- −$928
- − Repairs & maintenance
- −$2,360
- − Management
- −$2,360
- − HOA
- −$8,040
- − Depreciation
- −$5,396
- Taxable loss
- −$2,756
combined federal + state — saved on this device
- Est. tax savings @ 24.0%
- +$661
- After-tax cash flow
- $544/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.
Condition & rehab AI · 12 photos
80/100
Cosmetic rehab
Est. rehab $6,375–$19,125 screening
This Park Pointe condo is in good condition with a well-maintained exterior and interior. It offers a good ROI with minor updates to enhance curb appeal and functionality.
Value-add opportunities
- Both Paint touch-ups — Fresh paint enhances curb appeal and interior aesthetics ↑
- Both Landscaping improvements — Enhances curb appeal and adds value ↑
- Both Kitchen appliances — Modern appliances improve functionality and appeal ↑
- Both Bathroom fixtures — Upgraded fixtures enhance functionality and appeal ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
F
Composite school gradezoned avg 32/100
Zoned Schools
Elementary
Liberty Park Elementary School
F
FL #1,841/2,144
Nat'l #25,956/41,679
Middle
Okeeheelee Middle School
F
FL #399/571
Nat'l #6,830/14,009
High
John I. Leonard High School
F
FL #494/667
Nat'l #12,251/17,239
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
C
Composite livability gradescore 69/100
Livability — Greenacres
- Score
- 69/100
- State rank
- #490
- US rank
- #9008
Category grades
Amenities F
Commute F
Cost of living A+
Crime B
Employment D
Housing A+
Health & safety A
User ratings B+
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Greenacres, FL
- County
- Palm Beach County · 1,637,487 people
- City population
- 65,478
- Metro
- Miami-Fort Lauderdale-Pompano Beach, FL
- Population (ZIP)
- 58,411
- Household income
- $95,739
- Rent vs Own
- Severe rent burden
- 10% of renters
Population outlook (Palm Beach County) Hauer SSP2
- Today (2025)
- 1,637,487 people
- By 2030
- 1,743,255 · +6.5%
- By 2040
- 1,948,712 · +19.0%
- By 2050
- 2,132,979 · +30.3%
- By 2075
- 2,530,027 · +54.5%
- By 2100
- 2,706,979 · +65.3%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.59)
- Race & ethnicity
- White 59% Hispanic / Latino 22% Two or more races 13% Black 10% Asian 4%
- Hispanic origin (detail)
- Mexican 2% Puerto Rican 4% Cuban 4% Dominican 2%
- Common ancestry
- Romanian 4% Scotch-Irish 3% Hispanic 3%
- Foreign-born
- 24% · Canada, Jamaica, Vietnam
- Languages at home
- 71% English-only · Spanish 17% French/Haitian/Cajun 5% Other Indo-European 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
- ▼ -288.94%
- Current HPI
- 343.7738
- Rent YoY
- ▼ -0.40%
- 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
+0.3% since first listed7 events — show timeline
- 2026-06-08 Price Changed $185,500 Beaches MLS
- 2026-06-08 Price Changed $185,000 Beaches MLS
- 2026-06-08 Price Changed $185,500 Beaches MLS
- 2026-06-08 Price Changed $185,000 Beaches MLS
- 2026-06-08 Price Changed $180,500 Beaches MLS
- 2026-06-08 Price Changed $180,000 Beaches MLS
- 2026-04-24 Listed $185,000 Beaches MLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…