🌊 Lakefront
5394 Firenze Dr · Boynton Beach, FL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 9/10 · Severe
- Hot days now (above 106°F)
- 7 days/yr
- Hot days in 30 yrs
- 26 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
- 1 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 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).
- ARV discount +15.0/15.0
- 1% rule +6.1/10.0
- Cash flow +5.9/30.0
- Appreciation +4.9/10.0
- Condition / age +4.0/5.0
- Schools +3.9/10.0
- Livability +3.6/5.0
- Rent growth +2.8/5.0
- DSCR +0.2/10.0
$239,000
5394 Firenze Dr · Boynton Beach, FL 33437
3 bd · 2.0 ba · 1,134 sqft · Townhouse
· 47 Days on market
Built 1991
$211/sqft
· 29% below area
Est $335k · 29% under · waterfront
$920/mo HOA · 35% of rent
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Welcome to this Wonderful 3 Bedroom, 2 Bath Condo Overlooking Tranquil Lake & Wildlife Views in Sought after Alexandra Village at Platina. Freshly Painted Bath, Brand New AC, Roof 2020, Kitchen Features Granite Counters, Opened Breakfast Bar for Seamless Entertaining, Medium Wood Laminate Flooring in all Main Living Areas. Upgraded Carpet in Bedrooms. Neutral Palette to Suit any Decor, Private Screened Lanai to Enjoy Fabulous Lake Front Views and Incredible Wildlife. Impeccably clean home. Platina is a gated, all age active community featuring elegantly appointed clubhouse, cafe, tennis, pickleball, pool, fitness, clubs, cards, billiards, library and so much more!
Key facts
- Roof 2020
- Opened breakfast bar
- Freshly painted bath
Tags
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 $239k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-471 ($-6k/yr) — negative.
- To cash-flow at today's rent, offer at most $171k (28.5% below list).
- Meets the 1% rule at list price ($3k rent vs $239k).
- Recommended offer: $171k (28.5% below list) — sets the bar for cash-flow.
Location & tenants
- Location reads 72/100 on livability (#351 in FL) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety B+, cost of living B; Watch: amenities D+, crime D-, commute F.
- Palm Beach (suburban): math 46% / reading 53% proficiency, ranked #34 of 73 in FL (top 47%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Zoned schools: Crystal Lakes Elementary School (math 55% / reading 64%, grade B-, #690 of 2,144 statewide, top 34%, 788 students, 37% FRL); Boynton Beach Community High (math 13% / reading 25%, grade F, #565 of 667 statewide, top 85%, 1,547 students, 65% FRL) — zoned schools at 51% FRL track the district average.
- Market conditions: Rents rising (+1.3%/yr); 590 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 79d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 78% 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 40% of the median local income ($81k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- In year one you build about $1k of equity ($2k loan paydown + $-578 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 47 days — a 3% lower offer ($232k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Watch-outs: HOA is 35% 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
$170,892
(28.5% 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 47 days. Have you received any prior offers? Is the seller open to a 28% 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?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- 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?
- This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
- What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
- Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
- 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
- 1.11% ✓
- Cap rate
- 3.93%
- Cash-on-cash
- -8.44%
- DSCR
- 0.62
- GRM
- 7.5
CMA / ARV
- ARV (median comp)
- $335,016
- List price
- $239,000
- Delta
- -28.66%
- 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 |
|---|---|---|---|---|---|---|---|
| 5406 Firenze Dr Unit M | 0.04mi | 3/2.0 | 1,134 (0%) | 0mo | $255,000 | $225 | 98 |
| 5450 Verona Dr Unit L | 0.15mi | 2/2.0 (-1) | 1,139 (+0%) | 1mo | $170,000 | $149 | 87 |
| 10110 Cedar Point Blvd #203 | 0.43mi | 2/2.0 (-1) | 1,160 (+2%) | 0mo | $209,000 | $180 | 71 |
| 10174 Mangrove Dr #201 | 0.44mi | 2/2.0 (-1) | 1,228 (+8%) | 0mo | $165,500 | $135 | 60 |
| 5068 Rose Hill Dr #102 | 0.65mi | 2/2.0 (-1) | 1,100 (-3%) | 1mo | $110,000 | $100 | 59 |
| 10155 Mangrove Dr #101 | 0.48mi | 2/2.0 (-1) | 1,252 (+10%) | 1mo | $162,000 | $129 | 54 |
| 10173 Mangrove 305 Dr #305 | 0.53mi | 2/2.0 (-1) | 1,205 (+6%) | 18mo | $195,000 | $162 | 45 |
| 9840 Pineapple Tree Dr #103 | 0.69mi | 2/2.0 (-1) | 1,008 (-11%) | 1mo | $190,000 | $188 | 43 |
| 10141 Mangrove Dr #104 | 0.43mi | 2/2.0 (-1) | 1,252 (+10%) | 18mo | $195,000 | $156 | 42 |
| 5380 Cedar Lake Dr #203 | 0.58mi | 2/2.0 (-1) | 1,205 (+6%) | 18mo | $225,000 | $187 | 42 |
| 10173 Mangrove Dr #206 | 0.53mi | 2/2.0 (-1) | 1,228 (+8%) | 17mo | $247,000 | $201 | 42 |
| 10317 Boynton Place Cir | 0.72mi | 2/2.0 (-1) | 1,093 (-4%) | 22mo | $360,000 | $329 | 37 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-0.24% appreciation · 1.28% rent growth · sell at horizon
5-year hold
- IRR
- -14.5%
- Equity multiple
- 0.35×
- Total profit
- $-43,591
- Equity at exit
- $66,524
10-year hold
- IRR
- -9.9%
- Equity multiple
- 0.05×
- Total profit
- $-63,701
- Equity at exit
- $77,706
Cash invested: $66,920 (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.
Buyer's market
Market conditions
within 1.0 mi — comparable homes for sale
Active competition Active MLS
- For sale now
- 60 active · 38 under contract
- Months of supply
- 36.0 mo (3%/mo absorbed)
- Median asking
- $209,500 ($175/sqft)
- Median days on market
- 114 d
- This list price
- 72% of active listings are priced below it
- ARV vs active asking
- +68.8% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 33437
- Home prices YoY
- -0.1%
- Rents YoY
- 1.3%
- Active inventory
- 590
- Price-to-rent
- 7.5×
Monthly cashflow live
↻
- Estimated rent
- $2,659 high interval (Pro) →
- Mortgage (P&I)
- −$1,253
- Tax est. 1.5%
- −$299 /mo · $3,585/yr
- Insurance
- −$100
- HOA
- −$920
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$558
- Net cashflow
- $-471
Break-even live
Break-even rent
$3,255
Max offer price
$170,892
Occupancy floor
—
Sensitivity live
| Price | -10% $-306 | -5% $-388 | +0% $-471 | +5% $-553 | +10% $-636 |
|---|---|---|---|---|---|
| Rent | -10% $-681 | -5% $-576 | +0% $-471 | +5% $-366 | +10% $-261 |
| Rate | -1.0pp $-350 | -0.5pp $-410 | base $-471 | +0.5pp $-533 | +1.0pp $-596 |
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
- $59,750
- Closing costs
- $7,170
- 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 |
|---|---|---|---|---|---|---|---|---|
| 5406 Firenze Dr Unit I Boynton Beach, FL | 3.0 | 2.0 | 1134 | $2,650 | $2.34 | 1d | 1 | 0.05mi |
| 5418 Firenze Dr Unit P Boynton Beach, FL | 2.0 | 2.0 | 1139 | $2,250 | $1.98 | 54d | 1 | 0.08mi |
| 5418 Firenze Dr Unit P Boynton Beach, FL | 2.0 | 2.0 | 1139 | $2,250 | $1.98 | 10d | 1 | 0.08mi |
| 5418 Firenze Dr Unit P Boynton Beach, FL | 2.0 | 2.0 | 1139 | $2,250 | $1.98 | 8d | 1 | 0.08mi |
| 5451 Verona Dr Unit N Boynton Beach, FL | 3.0 | 2.0 | 1332 | $2,750 | $2.06 | 79d | 1 | 0.10mi |
| 5275 Europa Dr Unit I Boynton Beach, FL | 3.0 | 2.0 | 1282 | $2,500 | $1.95 | 97d | 1 | 0.11mi |
| 5291 Europa Dr Unit C Boynton Beach, FL | 2.0 | 2.0 | 1377 | $2,500 | $1.82 | 24d | 1 | 0.12mi |
| 5267 Europa Dr Boynton Beach, FL | 2.0 | 1.0 | 1243 | $2,750 | $2.21 | 45d | 1 | 0.13mi |
| 5133 Brisata Cir Unit P Boynton Beach, FL | 3.0 | 2.0 | 1374 | $2,800 | $2.04 | 120d | 1 | 0.15mi |
| 5157 Floria Way Unit J Boynton Beach, FL | 3.0 | 2.0 | 1447 | $3,300 | $2.28 | 120d | 1 | 0.23mi |
| 5155 Europa Dr Unit J Boynton Beach, FL | 3.0 | 2.0 | 1333 | $2,750 | $2.06 | 120d | 1 | 0.24mi |
| 5373 Mirror Lakes Blvd Boynton Beach, FL | 3.0 | 2.0 | 1310 | $2,100 | $1.60 | 120d | 1 | 0.26mi |
| 5136 Floria Dr Unit G Boynton Beach, FL | 3.0 | 2.0 | 1495 | $2,500 | $1.67 | 65d | 1 | 0.28mi |
| 5139 Europa Dr Unit H Boynton Beach, FL | 3.0 | 2.0 | 1442 | $2,700 | $1.87 | 83d | 1 | 0.33mi |
| 10092 Cedar Point Blvd #204 Boynton Beach, FL | 2.0 | 2.0 | 1260 | $2,250 | $1.79 | 74d | 1 | 0.41mi |
| 10110 Cedar Point Blvd #203 Boynton Beach, FL | 2.0 | 2.0 | 1160 | $2,200 | $1.90 | 55d | 1 | 0.43mi |
| 10492 Boynton Place Cir Boynton Beach, FL | 1.0–3.0 | 1.0–2.0 | 1017 | $2,535 | $2.49 | 1d | 9 | 0.43mi |
| 9498 S Military Trl #5 Boynton Beach, FL | 3.0 | 2.5 | 1317 | $2,900 | $2.20 | 120d | 1 | 0.48mi |
| 10056 Boynton Place Cir Boynton Beach, FL | 3.0 | 2.0 | 1253 | $2,950 | $2.35 | 98d | 1 | 0.48mi |
| 10056 Boynton Place Cir Boynton Beach, FL | 3.0 | 2.0 | 1253 | $2,950 | $2.35 | 87d | 1 | 0.48mi |
| 10187 Mangrove Dr Boynton Beach, FL | 2.0 | 2.0 | 1252 | $3,400 | $2.72 | 74d | 1 | 0.52mi |
| 10187 Mangrove Dr #104 Boynton Beach, FL | 2.0 | 2.0 | 1260 | $2,350 | $1.87 | 120d | 1 | 0.52mi |
| 10423 Boynton Place Cir Boynton Beach, FL | 2.0 | 1.0 | 861 | $2,200 | $2.56 | 103d | 1 | 0.54mi |
| 10423 Boynton Place Cir Boynton Beach, FL | 2.0 | 1.0 | 861 | $2,200 | $2.56 | 114d | 1 | 0.54mi |
| 5380 Cedar Lake Dr Boynton Beach, FL | 2.0 | 2.0 | 1205 | $2,400 | $1.99 | 50d | 2 | 0.58mi |
| 9935 Pineapple Tree Dr #202 Boynton Beach, FL | 2.0 | 2.0 | 1008 | $2,575 | $2.55 | 111d | 1 | 0.64mi |
| 5040 Rose Hill Dr #204 Boynton Beach, FL | 2.0 | 2.0 | 988 | $2,000 | $2.02 | 90d | 1 | 0.65mi |
| 10051 Eaglewood Rd Unit A Boynton Beach, FL | 3.0 | 2.0 | 1400 | $2,200 | $1.57 | 71d | 1 | 0.67mi |
| 5724 Boynton Cres Boynton Beach, FL | 2.0 | 1.0 | 861 | $2,300 | $2.67 | 120d | 1 | 0.67mi |
| 5895 Autumn Lake Ln Unit A Boynton Beach, FL | 3.0 | 2.0 | 1469 | $2,600 | $1.77 | 120d | 1 | 0.68mi |
| 5895 Autumn Lake Ln Unit A Boynton Beach, FL | 3.0 | 2.0 | 1469 | $2,600 | $1.77 | 1d | 1 | 0.68mi |
| 5217 Cedar Lake Rd Boynton Beach, FL | 1.0–3.0 | 1.0–2.0 | 1030 | $2,773 | $2.69 | 0d | 56 | 0.68mi |
| 9900 Pineapple Tree Dr #106 Boynton Beach, FL | 2.0 | 2.0 | 1008 | $2,250 | $2.23 | 120d | 1 | 0.69mi |
| 9930 Pineapple Tree Dr Boynton Beach, FL | 2.0 | 2.0 | 1008 | $2,100 | $2.08 | 45d | 1 | 0.69mi |
| 5020 Ashley Lake Dr Boynton Beach, FL | 2.0 | 2.0 | 1002 | $1,986 | $1.98 | 8d | 1 | 0.72mi |
| 5020 Ashley Lake Dr Boynton Beach, FL | 2.0 | 2.0 | 1002 | $2,346 | $2.34 | 110d | 1 | 0.72mi |
| 5020 Ashley Lake Dr Boynton Beach, FL | 2.0 | 2.0 | 1002 | $1,862 | $1.86 | 6d | 1 | 0.72mi |
| 5020 Ashley Lake Dr Boynton Beach, FL | 2.0 | 2.0 | 1002 | $2,068 | $2.06 | 68d | 1 | 0.72mi |
| 5020 Ashley Lake Dr Boynton Beach, FL | 3.0 | 2.0 | 1322 | $2,497 | $1.89 | 60d | 1 | 0.72mi |
| 5020 Ashley Lake Dr Boynton Beach, FL | 3.0 | 2.0 | 1322 | $2,332 | $1.76 | 89d | 1 | 0.72mi |
Property features AI
Finance
- Financial info
- Pets allowed (possible restrictions)
- HOA & community
- Community managed by Seacrest Management and Platina HOAMonthly association feesAssociation amenities include: clubhouse, pool (heated), spa/hot tub, fitness center, billiard & game rooms, elevator(s), manager on site, parking, tennis courts, pickleball courts, cafe/restaurant, library, lobby, sidewalks, street lights, internet included, security, recreation facilities, and common area maintenance
Exterior
- Parking
- Assigned parkingGuest parkingTotal 1 parking space
- Security
- Gated community with guardSmoke detectors
- Utilities
- Public waterPublic sewerCable availableElectricity availableUnderground utilitiesSewer connectedWater available
- Home design
- CondominiumTwo levelsNorth-facing
- Construction
- Stucco/CBS constructionTile roofBuilt as part of a multi-story building2 total stories
- Exterior features
- Covered patioPatioLandscaped groundsWaterfront
Interior
- Kitchen
- DisposalDishwasherElectric rangeMicrowaveRefrigeratorFreezerElectric water heater (owned)
- Bedrooms
- 3 bedrooms (all on main level)
- Flooring
- CarpetLaminateTileWood
- Bathrooms
- 2 full bathrooms
- Heating & cooling
- Central heating (electric)Central airCeiling fans
- Interior features
- High ceilingsVaulted ceilingsWalk-in closetsSplit bedroom layoutRoman tubUpstairs living area
- Laundry & utility
- Laundry closetLaundry located on upper levelLaundry area outside unit
HOA detail $920/mo · $11,040/yr
- Likely covers
- poolsecurity
Listing history 38 events
-
2026-07-26days on market $239,000 Active 47 DOM
-
2026-07-24days on market $239,000 Active 45 DOM
-
2026-07-23days on market $239,000 Active 44 DOM
-
2026-07-22days on market $239,000 Active 43 DOM
-
2026-07-21days on market $239,000 Active 42 DOM
-
2026-07-20days on market $239,000 Active 41 DOM
-
2026-07-18days on market $239,000 Active 39 DOM
-
2026-07-18days on market $239,000 Active 38 DOM
-
2026-07-16days on market $239,000 Active 37 DOM
-
2026-07-15days on market $239,000 Active 36 DOM
-
2026-07-14days on market $239,000 Active 35 DOM
-
2026-07-13days on market $239,000 Active 34 DOM
-
2026-07-13days on market $239,000 Active 33 DOM
-
2026-07-11days on market $239,000 Active 32 DOM
-
2026-07-10days on market $239,000 Active 31 DOM
-
2026-07-09days on market $239,000 Active 30 DOM
-
2026-07-07days on market $239,000 Active 28 DOM
-
2026-07-06days on market $239,000 Active 27 DOM
-
2026-07-06days on market $239,000 Active 26 DOM
-
2026-07-05days on market $239,000 Active 25 DOM
-
2026-07-03days on market $239,000 Active 24 DOM
-
2026-07-02days on market $239,000 Active 23 DOM
-
2026-07-01days on market $239,000 Active 22 DOM
-
2026-06-30days on market $239,000 Active 21 DOM
-
2026-06-29days on market $239,000 Active 20 DOM
-
2026-06-28days on market $239,000 Active 19 DOM
-
2026-06-27days on market $239,000 Active 18 DOM
-
2026-06-26days on market $239,000 Active 17 DOM
-
2026-06-24days on market $239,000 Active 15 DOM
-
2026-06-22days on market $239,000 Active 13 DOM
-
2026-06-21days on market $239,000 Active 12 DOM
-
2026-06-18days on market $239,000 Active 9 DOM
-
2026-06-17days on market $239,000 Active 8 DOM
-
2026-06-16days on market $239,000 Active 7 DOM
-
2026-06-15days on market $239,000 Active 6 DOM
-
2026-06-13days on market $239,000 Active 4 DOM
-
2026-06-10remarks 695-char remark
-
2026-06-10$239,000 Active 1 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 · 26 d/yr by 30 yrs out
- Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 1 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
- $31,914
- − Mortgage interest
- −$13,388
- − Property taxes
- −$3,585
- − Insurance
- −$1,195
- − Repairs & maintenance
- −$2,553
- − Management
- −$2,553
- − HOA
- −$11,040
- − Depreciation
- −$6,953
- Taxable loss
- −$9,353
combined federal + state — saved on this device
- Est. tax savings @ 24.0%
- +$2,245
- After-tax cash flow
- $-3,403/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 $5,670–$17,010 screening
This well-maintained 3-bedroom condo in Alexandra Village at Platina offers a good condition with fresh paint and new AC. It's located in a gated community with amenities and a private screened lanai. Consider painting and upgrading HVAC for a higher resale and rental value.
Value-add opportunities
- Both Painting exterior and interior walls — Enhances curb appeal and interior aesthetics ↑
- Both Replace fire extinguisher — Ensures safety and complies with regulations ↑
- Both Upgrade HVAC system — Improves comfort and energy efficiency ↑
- Both Replace carpet in bedrooms — Freshens up the space and adds value ↑
ⓘ 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 39/100
Zoned Schools
Elementary
Crystal Lakes Elementary School
B-
FL #690/2,144
Nat'l #7,252/41,679
High
Boynton Beach Community High
F
FL #565/667
Nat'l #14,670/17,239
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
B
Composite livability gradescore 72/100
Livability — Boynton Beach
- Score
- 72/100
- State rank
- #351
- US rank
- #6098
Category grades
Amenities D+
Commute F
Cost of living B
Crime D-
Employment C
Housing A+
Health & safety B+
User ratings A
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Palm Beach County · 1,637,487 people
- City population
- 148,060
- Metro
- Miami-Fort Lauderdale-Pompano Beach, FL
- Population (ZIP)
- 37,229
- Household income
- $80,710
- 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
- 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 |
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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
1 event — show timeline
- 2026-06-09 Listed $239,000 Beaches MLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…