7290 Kinghurst Dr #405 · Delray 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 3/10 · Minor
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 9/10 · Severe
- Hot days now (above 107°F)
- 7 days/yr
- Hot days in 30 yrs
- 25 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 B 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 +20.7/30.0
- ARV discount +15.0/15.0
- 1% rule +10.0/10.0
- DSCR +6.6/10.0
- Appreciation +5.3/10.0
- Schools +5.2/10.0
- Livability +3.9/5.0
- Rent growth +2.6/5.0
- Condition / age +2.2/5.0
$147,999
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
LOWEST PRICED CONDO IN BLDG. ENJOY BEAUTIFUL LAKE & GOLF VIEW FROM YOUR SCREENED PATIO WHICH ALSO HAS SLIDERS AND ROLL UP SHUTTERS. TURNKEY-CALIF. STYLE CLOSETS, 2 YR REFRIGERATOR, CRAFTMATIC BED, ONE OF THE BEST BUILDINGS IN THE COMMUNITY. SATELLITE POOL IS IN THE FRONT OF THE BUILDING. VERY ACTIVE CLUBHOUSE WITH MANY AMENITIES INCLUDING, THEATER, INDOOR POOL, FITNESS CENTER AND MUCH MORE. GREAT LOCATION-5 MILES TO THE BEACH AND TRENDY ATLANTIC AVE. THIS IS A MUST SEE UNIT!
Key facts
- Lakeside setting
- Oversized window
- Wood floors
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $148k. Condition is rated fair.
Deal economics
- At list price, monthly cash flow is $200 ($2k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($3k rent vs $148k).
- Recommended offer: $130k (12.0% below list) — sets the bar for market timing.
- Cap rate 7.9% vs local median 4.1% in Delray Beach — 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 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: Hagen Road Elementary School (math 55% / reading 63%, grade B-, #722 of 2,144 statewide, top 34%, 773 students, 46% FRL); Carver Middle School (math 22% / reading 34%, grade F, #486 of 571 statewide, top 86%, 732 students, 73% 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 at 48% FRL track the district average.
- Market conditions: Rents flat; 810 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 80d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 72% 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 42% of the median local income ($80k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- In year one you build about $2k of equity ($1k loan paydown + $1k appreciation (0.7% 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 340 days — a 12% lower offer ($130k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts since 18y 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 $105k; 41% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Watch-outs: HOA is 33% of rent.
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 340 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- 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?
- 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 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?
- 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?
- 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 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
- 1.89% ✓
- Cap rate
- 7.91%
- Cash-on-cash
- 5.79%
- DSCR
- 1.26
- GRM
- 4.4
CMA / ARV
- ARV (median comp)
- $238,049
- List price
- $147,999
- Delta
- -37.83%
- 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 |
|---|---|---|---|---|---|---|---|
| 7260 Kinghurst Dr #205 | 0.09mi | 2/2.0 | 1,230 (+7%) | 0mo | $206,000 | $167 | 84 |
| 14500 Stirling Way #403 | 0.17mi | 2/2.0 | 1,220 (+6%) | 0mo | $310,000 | $254 | 82 |
| 7321 Amberly Ln #302 | 0.23mi | 2/2.0 | 1,080 (-6%) | 0mo | $227,000 | $210 | 79 |
| 14897 Bal Moral Ln #105 | 0.26mi | 2/2.0 | 1,040 (-10%) | 0mo | $185,000 | $178 | 72 |
| 5884 Morningstar Cir #406 | 1.46mi | 2/2.0 | 1,113 (-3%) | 0mo | $149,000 | $134 | 60 |
| 10 Willowbrook #205 | 0.49mi | 2/2.0 | 1,005 (-13%) | 0mo | $142,500 | $142 | 56 |
| 33 Abbey Ln #207 | 0.58mi | 2/2.0 | 925 (-20%) | 0mo | $100,000 | $108 | 48 |
| 7841 Lexington Club Blvd Unit B | 0.66mi | 2/2.0 | 1,415 (+23%) | 0mo | $270,000 | $191 | 44 |
| 7585 Lexington Club Blvd Unit B | 0.67mi | 2/2.0 | 1,415 (+23%) | 1mo | $339,000 | $240 | 43 |
| 84 Saxony B | 1.49mi | 2/2.0 | 880 (-24%) | 0mo | $72,500 | $82 | 40 |
| 7550 Ironbridge Cir | 0.67mi | 3/2.0 (+1) | 1,360 (+18%) | 0mo | $605,000 | $445 | 39 |
| 7671 Stirling Bridge Blvd N | 0.75mi | 3/2.0 (+1) | 1,352 (+18%) | 0mo | $543,000 | $402 | 35 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
0.69% appreciation · 0.51% rent growth · sell at horizon
- IRR
- 3.5%
- Equity multiple
- 1.17×
- Total profit
- $7,052
- Equity at exit
- $48,127
- IRR
- 5.4%
- Equity multiple
- 1.57×
- Total profit
- $23,527
- Equity at exit
- $62,142
Cash invested: $41,440 (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
Active competition Active MLS
- For sale now
- 7 active · 5 under contract
- Median asking
- $139,000 ($158/sqft)
- Median days on market
- 113 d
- This list price
- 57% of active listings are priced below it
- ARV vs active asking
- +31.1% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 33446
- Home prices YoY
- 0.3%
- Rents YoY
- 0.5%
- Active inventory
- 810
- Price-to-rent
- 4.4×
Monthly cashflow live
- Estimated rent
- $2,797 high interval (Pro) →
- Mortgage (P&I)
- −$776
- Tax from tax record
- −$242 /mo · $2,901/yr
- Insurance
- −$62
- HOA
- −$930
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$587
- Net cashflow
- $200
Break-even live
Sensitivity live
| Price | -10% $284 | -5% $242 | +0% $200 | +5% $158 | +10% $116 |
|---|---|---|---|---|---|
| Rent | -10% $-21 | -5% $89 | +0% $200 | +5% $310 | +10% $421 |
| Rate | -1.0pp $274 | -0.5pp $237 | base $200 | +0.5pp $161 | +1.0pp $122 |
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
- $37,000
- Closing costs
- $4,440
- 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 |
|---|---|---|---|---|---|---|---|---|
| 7290 Kinghurst Dr #403 Delray Beach, FL | 2.0 | 2.0 | 1230 | $2,775 | $2.26 | 11d | 1 | 0.03mi |
| 7290 Kinghurst Dr #607 Delray Beach, FL | 2.0 | 2.0 | 1230 | $3,900 | $3.17 | 79d | 1 | 0.03mi |
| 7290 Kinghurst Dr #106 Delray Beach, FL | 2.0 | 2.0 | 1230 | $2,400 | $1.95 | 36d | 1 | 0.03mi |
| 7350 Kinghurst Dr #305 Delray Beach, FL | 2.0 | 2.0 | 1220 | $4,500 | $3.69 | 117d | 1 | 0.11mi |
| 7350 Kinghurst Dr #305 Delray Beach, FL | 2.0 | 2.0 | 1220 | $3,950 | $3.24 | 80d | 1 | 0.11mi |
| 7350 Kinghurst Dr Delray Beach, FL | 2.0 | 2.0 | 1220 | $4,500 | $3.69 | 111d | 1 | 0.11mi |
| 7260 Kinghurst Dr #106 Delray Beach, FL | 2.0 | 2.0 | 1230 | $2,000 | $1.63 | 18d | 1 | 0.11mi |
| 7260 Kinghurst Dr #205 Delray Beach, FL | 2.0 | 2.0 | 1230 | $2,800 | $2.28 | 114d | 1 | 0.11mi |
| 7515 S Oriole Blvd Delray Beach, FL | 2.0 | 2.0 | 850 | $1,700 | $2.00 | 120d | 1 | 0.16mi |
| 14500 Stirling Way #403 Delray Beach, FL | 2.0 | 2.0 | 1220 | $3,300 | $2.70 | 2d | 1 | 0.17mi |
| 7270 Ashford Pl #307 Delray Beach, FL | 2.0 | 2.0 | 1200 | $4,000 | $3.33 | 46d | 1 | 0.18mi |
| 7301 Amberly Ln #304 Delray Beach, FL | 2.0 | 2.0 | 1080 | $1,495 | $1.38 | 103d | 1 | 0.23mi |
| 7281 Amberly Ln Delray Beach, FL | 2.0 | 2.0 | 1080 | $1,950 | $1.81 | 19d | 1 | 0.23mi |
| 7310 Ashford Pl Delray Beach, FL | 2.0 | 2.0 | 1230 | $3,200 | $2.60 | 111d | 1 | 0.23mi |
| 7310 Ashford Pl Delray Beach, FL | 2.0 | 2.0 | 1230 | $3,200 | $2.60 | 103d | 1 | 0.23mi |
| 7310 Ashford Pl Delray Beach, FL | 2.0 | 2.0 | 1230 | $2,700 | $2.20 | 114d | 2 | 0.23mi |
| 6650 S Oriole Blvd #1030 Delray Beach, FL | 2.0 | 2.0 | 1044 | $1,900 | $1.82 | 6d | 1 | 0.25mi |
| 6650 S Oriole Blvd #2070 Delray Beach, FL | 2.0 | 2.0 | 1044 | $1,875 | $1.80 | 32d | 1 | 0.25mi |
| 14888 Wedgefield Dr #207 Delray Beach, FL | 2.0 | 2.0 | 1040 | $2,650 | $2.55 | 57d | 1 | 0.25mi |
| 14895 Builtmore Way Delray Beach, FL | 2.0 | 2.0 | 1103 | $1,800 | $1.63 | 120d | 1 | 0.26mi |
| 14898 Wedgefield Dr #202 Delray Beach, FL | 2.0 | 2.0 | 1103 | $2,000 | $1.81 | 113d | 1 | 0.26mi |
| 14893 Wedgefield Dr Delray Beach, FL | 2.0 | 2.0 | 1040 | $2,000 | $1.92 | 45d | 1 | 0.26mi |
| 6675 S Oriole Blvd Apt 205 Delray Beach, FL | 2.0 | 2.0 | 1044 | $1,700 | $1.63 | 5d | 1 | 0.26mi |
| 14856 Barletta Way Delray Beach, FL | 2.0 | 2.0 | 1406 | $3,200 | $2.28 | 81d | 1 | 0.28mi |
| 14476 Amberly Ln #704 Delray Beach, FL | 2.0 | 2.0 | 1150 | $2,500 | $2.17 | 71d | 1 | 0.28mi |
| 7281 Amberly Ln #401 Delray Beach, FL | 2.0 | 2.0 | 1080 | $1,950 | $1.81 | 59d | 1 | 0.29mi |
| 14917 Wedgefield Dr #203 Delray Beach, FL | 2.0 | 2.0 | 1040 | $2,500 | $2.40 | 5d | 1 | 0.31mi |
| 14917 Wedgefield Dr #203 Delray Beach, FL | 2.0 | 2.0 | 1040 | $2,500 | $2.40 | 6d | 1 | 0.31mi |
| 14723 Cumberland Dr Unit 404 B Delray Beach, FL | 1.0 | 2.0 | 912 | $1,850 | $2.03 | 120d | 1 | 0.31mi |
| 14747 Cumberland Dr #301 Delray Beach, FL | 2.0 | 2.0 | 1044 | $1,900 | $1.82 | 120d | 1 | 0.31mi |
| 14896 Bal Moral Ln #104 Delray Beach, FL | 2.0 | 2.0 | 1040 | $2,500 | $2.40 | 36d | 1 | 0.31mi |
| 14896 Bal Moral Ln Delray Beach, FL | 2.0 | 2.0 | 1040 | $2,200 | $2.12 | 120d | 1 | 0.32mi |
| 14896 Bal Moral Ln Delray Beach, FL | 2.0 | 2.0 | 1040 | $2,200 | $2.12 | 10d | 1 | 0.32mi |
| 14509 Sloan Ridge Dr Unit 10-104 Luminosa Delray Beach, FL | 3.0 | 2.0 | 1328 | $3,827 | $2.88 | 120d | 1 | 0.34mi |
| 14828 Golden Jax Ln Unit 6-105 Radiance Delray Beach, FL | 2.0 | 2.0 | 1321 | $4,148 | $3.14 | 112d | 1 | 0.34mi |
| 14828 Golden Jax Ln Unit 8-105 Radiance Delray Beach, FL | 2.0 | 2.0 | 1321 | $3,948 | $2.99 | 110d | 1 | 0.34mi |
| 14828 Golden Jax Ln Unit Radiance Delray Beach, FL | 2.0 | 2.0 | 1321 | $4,150 | $3.14 | 3d | 1 | 0.34mi |
| 14849 Cumberland Dr #1040 Delray Beach, FL | 1.0 | 2.0 | 912 | $2,100 | $2.30 | 54d | 1 | 0.39mi |
| 7286 Huntington Ln #105 Delray Beach, FL | 2.0 | 2.0 | 1070 | $3,350 | $3.13 | 120d | 1 | 0.41mi |
| 15045 Michelangelo Blvd #102 Delray Beach, FL | 1.0 | 1.0 | 835 | $1,900 | $2.28 | 6d | 1 | 0.43mi |
Property features AI
Finance
- Other
- Senior community1790 units in the community
- Financial info
- Not a pet-friendly community
- HOA & community
- Community association with monthly fee (includes cable TV, electricity, insurance, grounds maintenance, security, water)On-site managerAssociation amenities: clubhouse, fitness center, indoor pool, spa/hot tub, sauna, tennis courts, pickleball courts, bocce ball, shuffleboard court, billiard & game rooms, library, parking, trash chute, street lights, internet included
Exterior
- Parking
- Assigned parkingGuest parking
- Security
- Gated community with guardSmoke detectors
- Utilities
- Public waterPublic sewerThree-phase electricCable available
- Home design
- Condominium8-story buildingNorth-facing
- Construction
- CBS construction
- Exterior features
- Covered screened patioPatio
Interior
- Kitchen
- DishwasherElectric rangeMicrowaveRefrigeratorElectric water heater
- Bedrooms
- 2 bedrooms on the main level
- Flooring
- Wood flooring
- Bathrooms
- 2 full bathrooms
- Heating & cooling
- Central electric heatingCentral airCeiling fans
- Interior features
- Walk-in closetsSplit bedroom layout
- Laundry & utility
- Inside laundry in a laundry closet
HOA detail $930/mo · $11,160/yr condo
- Likely covers
- poolgym
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 26 events
-
2026-06-27days on market $147,999 Active 340 DOM
-
2026-06-26days on market $147,999 Active 339 DOM
-
2026-06-24days on market $147,999 Active 337 DOM
-
2026-06-22days on market $147,999 Active 335 DOM
-
2026-06-21days on market $147,999 Active 334 DOM
-
2026-06-18days on market $147,999 Active 331 DOM
-
2026-06-17days on market $147,999 Active 330 DOM
-
2026-06-16days on market $147,999 Active 329 DOM
-
2026-06-15days on market $147,999 Active 328 DOM
-
2026-06-13days on market $147,999 Active 326 DOM
-
2026-06-09days on market $147,999 Active 322 DOM
-
2026-06-07days on market $147,999 Active 320 DOM
-
2026-06-04days on market $147,999 Active 317 DOM
-
2026-06-03days on market $147,999 Active 316 DOM
-
2026-06-01days on market $147,999 Active 314 DOM
-
2026-05-31days on market $147,999 Active 313 DOM
-
2026-03-16price $147,999
-
2025-07-22$150,000 Active
-
2025-07-17historical
-
2025-02-23price $165,000
-
2025-01-17$195,000 Active
-
2008-05-01soldstatus $105,000
-
2008-04-24soldstatus $105,000 485-char remark
Show marketing remark (485 chars)
LOWEST PRICED CONDO IN BLDG. ENJOY BEAUTIFUL LAKE & GOLF VIEW FROM YOUR SCREENED PATIO WHICH ALSO HAS SLIDERS AND ROLL UP SHUTTERS. TURNKEY-CALIF. STYLE CLOSETS, 2 YR REFRIGERATOR, CRAFTMATIC BED, ONE OF THE BEST BUILDINGS IN THE COMMUNITY. SATELLITE POOL IS IN THE FRONT OF THE BUILDING. VERY ACTIVE CLUBHOUSE WITH MANY AMENITIES INCLUDING, THEATER, INDOOR POOL, FITNESS CENTER AND MUCH MORE. GREAT LOCATION-5 MILES TO THE BEACH AND TRENDY ATLANTIC AVE. THIS IS A MUST SEE UNIT!
-
2008-04-01historical 485-char remark
Show marketing remark (485 chars)
LOWEST PRICED CONDO IN BLDG. ENJOY BEAUTIFUL LAKE & GOLF VIEW FROM YOUR SCREENED PATIO WHICH ALSO HAS SLIDERS AND ROLL UP SHUTTERS. TURNKEY-CALIF. STYLE CLOSETS, 2 YR REFRIGERATOR, CRAFTMATIC BED, ONE OF THE BEST BUILDINGS IN THE COMMUNITY. SATELLITE POOL IS IN THE FRONT OF THE BUILDING. VERY ACTIVE CLUBHOUSE WITH MANY AMENITIES INCLUDING, THEATER, INDOOR POOL, FITNESS CENTER AND MUCH MORE. GREAT LOCATION-5 MILES TO THE BEACH AND TRENDY ATLANTIC AVE. THIS IS A MUST SEE UNIT!
-
2008-03-03$105,000 485-char remark
Show marketing remark (485 chars)
LOWEST PRICED CONDO IN BLDG. ENJOY BEAUTIFUL LAKE & GOLF VIEW FROM YOUR SCREENED PATIO WHICH ALSO HAS SLIDERS AND ROLL UP SHUTTERS. TURNKEY-CALIF. STYLE CLOSETS, 2 YR REFRIGERATOR, CRAFTMATIC BED, ONE OF THE BEST BUILDINGS IN THE COMMUNITY. SATELLITE POOL IS IN THE FRONT OF THE BUILDING. VERY ACTIVE CLUBHOUSE WITH MANY AMENITIES INCLUDING, THEATER, INDOOR POOL, FITNESS CENTER AND MUCH MORE. GREAT LOCATION-5 MILES TO THE BEACH AND TRENDY ATLANTIC AVE. THIS IS A MUST SEE UNIT!
-
2002-09-03soldstatus $88,000
ⓘ 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
- $2,901 · $242/mo
- Projected year-2 tax
- $2,901 · $242/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 3/10 Moderate
- Heat 9/10 Extreme 7 d/yr ≥107°F today · 25 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
- $33,560
- − Mortgage interest
- −$8,290
- − Property taxes
- −$2,901
- − Insurance
- −$740
- − Repairs & maintenance
- −$2,685
- − Management
- −$2,685
- − HOA
- −$11,160
- − Depreciation
- −$4,305
- Taxable income
- $794
- Est. tax owed @ 24.0%
- −$190
- After-tax cash flow
- $2,207/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 · 9 photos
This property is located in a desirable adult community with a peaceful lakeside setting. While the home is in fair condition, it requires moderate repairs and updates to its kitchen, exterior, and landscaping to increase its resale and rental value.
Components & finishes AI
Repairs flagged
- Moderate Kitchen cabinets — The cabinets appear dated and could benefit from an update.
- Moderate Bathroom fixtures — The fixtures appear dated and could benefit from an update.
- Moderate Exterior siding — The siding shows some discoloration and wear, which could benefit from a fresh coat of paint.
- Moderate Landscaping — The landscaping shows some overgrown areas and wear, which could benefit from trimming and maintenance.
Value-add opportunities
- Resale Updating the kitchen cabinets and fixtures — Updating the kitchen cabinets and fixtures can significantly increase the home's appeal and value for potential buyers. ↑
- Rental Updating the exterior siding and landscaping — Updating the exterior siding and landscaping can improve the home's curb appeal and attract more renters. ↑
ⓘ Rehab cost is a screening estimate — Moderate 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.
Zoned Schools
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
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Palm Beach County · 1,637,487 people
- City population
- 250,102
- Metro
- Miami-Fort Lauderdale-Pompano Beach, FL
- Population (ZIP)
- 28,431
- Household income
- $80,187
- Rent vs Own
- Severe rent burden
- 24% 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 (79%)
- Race & ethnicity
- White 79% Hispanic / Latino 13% Two or more races 9% Black 4%
- Hispanic origin (detail)
- Puerto Rican 3% Dominican 1%
- Common ancestry
- Romanian 9% Scotch-Irish 9% Italian 2%
- Foreign-born
- 20% · Canada, Jamaica, Guatemala
- Languages at home
- 80% English-only · Spanish 12% Other Indo-European 2% French/Haitian/Cajun 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
- ▲ 0.69%
- Current HPI
- 242.5138
- Rent YoY
- ▲ 0.51%
- 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
+68.2% since first listed10 events — show timeline
- 2026-03-16 Price Changed $147,999 Beaches MLS
- 2025-07-22 Listed $150,000 Beaches MLS
- 2025-07-17 Listing Removed — Beaches MLS
- 2025-02-23 Price Changed $165,000 Beaches MLS
- 2025-01-17 Listed $195,000 Beaches MLS
- 2008-05-01 Sold (Public Records) $105,000 Public Records
- 2008-04-24 Sold (MLS) $105,000 Beaches MLS
- 2008-04-01 Listing Removed — Beaches MLS
- 2008-03-03 Listed $105,000 Beaches MLS
- 2002-09-03 Sold (Public Records) $88,000 Public Records
Property tax history
+9.2%/yrLatest (2025): $2,901 · +414.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…