3131 Clint Moore Rd #208 · Boca Raton, FL 33496

$315,000

2 bd · 2.0 ba · 1,102 sqft · Condo public records · 29 Days on market

Built 1991 $719/mo HOA · 25% 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).

• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• Cash flow +5.8/30.0
• Schools +4.3/10.0
• 1% rule +4.2/10.0
• Livability +3.9/5.0
• Rent growth +3.1/5.0
• Condition / age +2.5/5.0
• DSCR +0.2/10.0

Listing remarks

This second floor corner unit offers plenty of privacy in the Bocar community, and is located in a prime central Boca location. Spread over a very livable floor plan, there are two full bedrooms and bathrooms. The master has its own private balcony. Bocar is minutes from major Boca locations (Town Center), as well as minutes from Delray -- making this a great place to call home or invest. Community amenities include a clubhouse with a gym, pool, tennis court, and more.

Key facts

• Clubhouse
• Tennis court
• Private balcony

Tags

• PRIVATE BALCONY
• CLUBHOUSE
• GYM
• POOL
• TENNIS COURT

Property features AI

Finance

• Other: Pets allowed (restrictions possible)
• HOA & community: Community of ~200 units; Monthly HOA fee includes cable TV, insurance, grounds maintenance, common area upkeep, and pool service; Community amenities: clubhouse, fitness center, picnic area, pool, spa/hot tub, tennis courts, sidewalks, street lights, maintenance

Exterior

• Parking: Open/guest parking (1 space)
• Security: Building security; Fire sprinkler system; Gated community with guard; Key card entry
• Utilities: Public water; Public sewer; Cable available; Water service available
• Home design: Condominium; Resale property; 2 total stories; Faces south
• Construction: Stucco construction; Shingle roof; Built with foundation per public records
• Exterior features: Paved road access; Not waterfront

Interior

• Kitchen: Dishwasher; Electric range; Microwave; Refrigerator; Freezer
• Bedrooms: 2 bedrooms on main level
• Flooring: Carpet; Marble; Tile; Vinyl
• Bathrooms: 2 full bathrooms on main level
• Heating & cooling: Central heating; Central air; Ceiling fans; Electric cooling
• Interior features: High ceilings with vaulted areas; Unfurnished
• Laundry & utility: Laundry closet inside unit

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $315k.

Deal economics

• At list price, monthly cash flow is $-631 ($-8k/yr) — negative.
• To cash-flow at today's rent, offer at most $204k (35.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $289k (8.4% below list).
• Recommended offer: $204k (35.4% below list) — sets the bar for cash-flow.

Location & tenants

• Location reads 77/100 on livability (#192 in FL, #3,070 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, health & safety A+, crime B+; Watch: amenities D, 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.
• Zoned schools: Calusa Elementary School (math 83% / reading 85%, grade A+, #55 of 2,144 statewide, top 3%, 867 students, 17% 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) — zoned schools average 24% FRL vs 52% district-wide (28 pts lower); this property's tenant base skews higher-income than the district average.
• Zoned-school proficiency averages 73% at this address vs 50% district-wide (+24 pts) — the actual schools serving this property are materially stronger than the Palm Beach average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: Rents rising (+2.3%/yr); 324 active listings in the ZIP; 15 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 3,974 units permitted in Palm Beach County in 2024 (1,012 in 5+ unit buildings).

Forward outlook

• In year one you build about $34k of equity ($2k loan paydown + $32k appreciation (10.0% local appreciation)).
• Palm Beach County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$54k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 29 days — a 2% lower offer ($310k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 11y 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 $260k; 21% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: HOA is 25% of rent.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $203,501 (35.4% 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. 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are A-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?
6. 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?
7. 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.
8. 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.
9. 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: 0.92% ✗
• Cap rate: 3.89%
• Cash-on-cash: -8.59%
• DSCR: 0.62
• GRM: 9.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

10.0% appreciation · 2.31% rent growth · sell at horizon

5-year hold

• IRR: 18.0%
• Equity multiple: 2.47×
• Total profit: $129,862
• Equity at exit: $283,777

10-year hold

• IRR: 16.7%
• Equity multiple: 5.66×
• Total profit: $411,094
• Equity at exit: $611,976

Cash invested: $88,200 (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.

Methodology + full state rankings →

ZIP-level market 33496

• Home prices YoY: 3.5%
• Rents YoY: 2.3%
• Active inventory: 324
• Price-to-rent: 9.1×

Monthly cashflow live

• Estimated rent: $2,886 high
• Mortgage (P&I): −$1,652
• Tax from tax record: −$409 /mo · $4,908/yr
• Insurance: −$131
• HOA: −$719
• Vacancy / Maint / Mgmt: −$606
• Net cashflow: $-631

Break-even live

Break-even rent $3,685

Max offer price $203,501

Occupancy floor —

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: $78,750
• Closing costs: $9,450
• Reserves months: —
• Total cash needed: —

Rent comps 15 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3131 Clint Moore Rd #107 Boca Raton, FL	2.0	2.0	1102	$3,000	$2.72	15d	1	0.03mi
3131 Clint Moore Rd #107 Boca Raton, FL	2.0	2.0	1102	$3,000	$2.72	3d	1	0.03mi
3143 Clint Moore Rd #105 Boca Raton, FL	3.0	2.0	1497	$3,250	$2.17	24d	1	0.04mi
3133 Clint Moore Rd #101 Boca Raton, FL	2.0	2.0	1102	$2,700	$2.45	15d	1	0.05mi
3133 Clint Moore Rd #101 Boca Raton, FL	2.0	2.0	1102	$2,700	$2.45	8d	1	0.05mi
3153 Clint Moore Rd #108 Boca Raton, FL	2.0	2.0	1303	$2,600	$2.00	24d	1	0.07mi
3113 Clint Moore Rd #103 Boca Raton, FL	3.0	2.0	1268	$3,100	$2.44	8d	1	0.07mi
3113 Clint Moore Rd #103 Boca Raton, FL	3.0	2.0	1268	$3,200	$2.52	21d	1	0.07mi
3111 Clint Moore Rd #203 Boca Raton, FL	2.0	2.0	997	$2,950	$2.96	4d	1	0.09mi
3151 Clint Moore Rd #103 Boca Raton, FL	3.0	2.0	1497	$3,145	$2.10	24d	1	0.09mi
3209 Clint Moore Rd #202 Boca Raton, FL	2.0	2.0	1102	$2,600	$2.36	24d	1	0.09mi
3299 Clint Moore Rd #202 Boca Raton, FL	2.0	2.0	1261	$2,300	$1.82	5d	1	0.22mi
3299 Clint Moore Rd Boca Raton, FL	2.0	2.0	1261	$2,300	$1.82	17d	1	0.22mi
3299 Clint Moore Rd Boca Raton, FL	2.0	2.0	1261	$2,348	$1.86	22d	2	0.22mi
19550 Sawgrass Dr #2102 Boca Raton, FL	2.0	2.0	1460	$5,500	$3.77	24d	1	1.39mi

HOA detail condo

• Monthly dues: $719 · $8,628/yr
• Likely covers: poolgym
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 29 events

1. 2026-06-18
   days on market $315,000 Active 29 DOM
2. 2026-06-17
   days on market $315,000 Active 28 DOM
3. 2026-06-16
   days on market $315,000 Active 27 DOM
4. 2026-06-15
   days on market $315,000 Active 26 DOM
5. 2026-06-13
   days on market $315,000 Active 24 DOM
6. 2026-06-09
   days on market $315,000 Active 20 DOM
7. 2026-06-08
   days on market $315,000 Active 19 DOM
8. 2026-06-07
   days on market $315,000 Active 18 DOM
9. 2026-06-04
   days on market $315,000 Active 15 DOM
10. 2026-06-03
    days on market $315,000 Active 14 DOM
11. 2026-06-02
    days on market $315,000 Active 13 DOM
12. 2026-06-01
    days on market $315,000 Active 12 DOM
13. 2026-05-31
    days on market $315,000 Active 11 DOM
14. 2026-05-19
    listed $315,000 Active
15. 2026-05-14
    listed $2,700
16. 2026-05-14
    historical $2,700
17. 2026-04-23
    listed $2,700
18. 2024-08-10
    historical $2,600
19. 2024-07-19
    listed $2,600
20. 2024-05-21
    historical $2,599
21. 2024-04-10
    price $2,599
22. 2024-03-19
    listed $2,600
23. 2024-02-23
    historical $2,800
24. 2024-02-23
    listed $2,800
25. 2022-08-31
    price $2,700
26. 2022-08-20
    price $2,700
27. 2022-03-21
    soldstatus $260,000
28. 2015-12-07
    historical
29. 2015-10-29
    listed $199,999 Active

ⓘ 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: $4,908 · $409/mo
• Projected year-2 tax: $4,908 · $409/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 ≥107°F today · 27 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: $34,633
• − Mortgage interest: −$17,645
• − Property taxes: −$4,908
• − Insurance: −$1,575
• − Repairs & maintenance: −$2,771
• − Management: −$2,771
• − HOA: −$8,628
• − Depreciation: −$9,164
• Taxable loss: −$12,828
• Est. tax savings @ 24.0%: +$3,079
• After-tax cash flow: $-4,495/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 — Boca Raton

• Score: 77/100
• State rank: #192
• US rank: #3070

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Boca Raton, FL
• County: Palm Beach County · 1,438,312 people
• City population: 250,102
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 26,579
• Household income: $114,885
• Rent vs Own: 16.5% rent · 83.5% own
• Severe rent burden: 464.0

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 (79%)
• Race & ethnicity: White 79% Hispanic / Latino 11% Two or more races 8% Asian 5% Black 2%
• Hispanic origin (detail): Puerto Rican 3%
• Common ancestry: Scotch-Irish 13% Romanian 9% Italian 3%
• Foreign-born: 24% · Canada, Jamaica, Dominican Republic
• Languages at home: 75% English-only · Spanish 9% Other Indo-European 5% Russian/Polish/Slavic 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: ▲ 10.48%
• Current HPI: 313.9058
• Rent YoY: ▲ 2.31%
• 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

+57.5% since first listed

16 events — show timeline

• 2026-05-19 Listed $315,000 Beaches MLS
• 2026-05-14 Listed for Rent $2,700 GFLMLS
• 2026-05-14 Rental Removed $2,700 RMLSFL
• 2026-04-23 Listed for Rent $2,700 RMLSFL
• 2024-08-10 Rental Removed $2,600 GFLMLS
• 2024-07-19 Listed for Rent $2,600 GFLMLS
• 2024-05-21 Rental Removed $2,599 GFLMLS
• 2024-04-10 Price Changed $2,599 GFLMLS
• 2024-03-19 Listed for Rent $2,600 GFLMLS
• 2024-02-23 Rental Removed $2,800 GFLMLS
• 2024-02-23 Listed for Rent $2,800 GFLMLS
• 2022-08-31 Price Changed $2,700 RENT.
• 2022-08-20 Price Changed $2,700 RENT.
• 2022-03-21 Sold (Public Records) $260,000 Public Records
• 2015-12-07 Listing Removed — Beaches MLS
• 2015-10-29 Listed $199,999 Beaches MLS

Property tax history

+5.8%/yr

Latest (2025): $4,908 · -4.9% YoY. Source: county tax records.