11194 Highland Cir · Watergate, FL 33428

$479,000

2 bd · 2.0 ba · 2,242 sqft · SingleFamily public records · 18 Days on market

Built 1982 7,133 sqft lot $452/mo HOA · 10% 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).

• Cash flow +17.4/30.0
• ARV discount +7.5/15.0
• DSCR +5.4/10.0
• 1% rule +4.7/10.0
• Schools +4.3/10.0
• Rent growth +3.4/5.0
• Livability +3.4/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

ON A DESIRABLE CUL DE SAC STREET, IN A MANDATRY MEMBERSHIP COUNTRY CLUB COMMUNITY, SITS A LOVELY HOUSE ON AN EXTRA SIZE LOT. THIS HOUSE IS ONE OF A KIND. FROM THE MOMENT YOU STEP INTO THIS SPECIAL HOUSE, YOU FEEL IT'S JUST THE PLACE YOU WANT TO CALL HOME. IN MINT CONDITION, READY FOR YOU. WITH EXPANSIVE VOLUME CEILINGS, THIS VIBRANT , SPACIOUS, AND INVITING HOME, OFFERS THE OPEN DESIGN OF TODAY AT A REASONABLE PRICE. RENOVATED, OVERSIZED, PATIO HOME WITH MAGNIFICENT LAKE AND GOLF COURSE VIEWS. SPLIT BEDROOMS, WITH ADDITIONAL FITTED CLOSETS. RECENTLY UPDATED KITCHEN WITH QUALITY CABINETS, GRANITE COUNTERS, STAINLESS APPLIANCES. INTERIOR LAUNDRY ROOM WITH EXTRA STORAGE CLOSET. BATHROOMS RECENTLY TOTALLY REDONE(AND REDESIGNED), WITH FINEST CABINETS AND HARDWARE. ADDITIONAL ROOM WITH OWN A/C. ,

Key facts

• Custom cabinetry
• Cul-de-sac
• Granite countertops

Tags

• CUL-DE-SAC
• CUSTOM CABINETRY
• GRANITE COUNTERTOPS
• HURRICANE-IMPACT GARAGE DOOR
• RAIN BIRD SPRINKLER SYSTEM
• TOTO TOILETS

Property features AI

Finance

• Other: Pets allowed (with number limit)
• HOA & community: Has association; Monthly HOA fee of $452; HOA includes cable TV, internet, and common areas; Community amenities: billiard room, clubhouse, fitness center, golf course, game room, management, pool (including heated pool), sauna, tennis courts, manager on site, bar, bocce ball, cafe/restaurant, pickleball courts, putting green, security

Exterior

• Parking: Attached 2-car garage; 2 covered parking spaces; 2 open parking spaces; Total parking for 2 vehicles
• Security: Gated with guard; Community security (association)
• Utilities: Public water; Public sewer; Cable available; Electricity available
• Home design: Single family residence; One-story; Resale property; Faces east; Gated community with guard
• Construction: CBS construction
• Exterior features: Waterfront property; Tile roof

Interior

• Kitchen: Dishwasher; Refrigerator
• Bedrooms: 3 bedrooms on the main level
• Flooring: Carpet; Ceramic tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: High ceilings; Walk-in closet(s); Split bedroom layout
• Laundry & utility: Laundry inside

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $479k.

Deal economics

• At list price, monthly cash flow is $357 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $463k (3.4% below list).
• Recommended offer: $463k (3.4% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 67/100 on livability (#585 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A; Watch: amenities F, commute F, employment 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: Sandpiper Shores Elementary School (math 68% / reading 72%, grade A-, #345 of 2,144 statewide, top 17%, 820 students, 32% FRL); Loggers' Run Community Middle School (math 65% / reading 66%, grade A-, #95 of 571 statewide, top 17%, 1,110 students, 30% FRL); West Boca Raton High School (math 55% / reading 70%, grade B-, #93 of 667 statewide, top 14%, 2,271 students, 28% FRL) — zoned schools average 30% FRL vs 52% district-wide (22 pts lower); this property's tenant base skews higher-income than the district average.
• Zoned-school proficiency averages 66% at this address vs 50% district-wide (+16 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 (+3.7%/yr); 267 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals at typical pace (median 17d 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 $4,626/mo this rent would consume 63% of the median local household income ($89k/yr) (locally 1990% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $14k 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 18 days — a 2% lower offer ($472k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 22y 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 $157k; list at $479k implies a 205% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• 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.

Recommended offer $462,556 (3.4% below list)

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. 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?
5. 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.
6. 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.
7. 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: 0.97% ✗
• Cap rate: 7.19%
• Cash-on-cash: 3.19%
• DSCR: 1.14
• GRM: 8.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.72% rent growth · sell at horizon

5-year hold

• IRR: -10.5%
• Equity multiple: 0.62×
• Total profit: $-51,440
• Equity at exit: $71,420

10-year hold

• IRR: -0.1%
• Equity multiple: 0.99×
• Total profit: $-1,206
• Equity at exit: $41,415

Cash invested: $134,120 (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 33428

• Rents YoY: 3.7%
• Active inventory: 267
• Price-to-rent: 8.6×

Monthly cashflow live

• Estimated rent: $4,626 high
• Mortgage (P&I): −$2,512
• Tax from tax record: −$134 /mo · $1,603/yr
• Insurance: −$200
• HOA: −$452
• Vacancy / Maint / Mgmt: −$971
• Net cashflow: $357

Break-even live

Break-even rent $4,174

Max offer price $479,000

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: $119,750
• Closing costs: $14,370
• Reserves months: —
• Total cash needed: —

Rent comps 18 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
11416 Whisper Sound Dr Boca Raton, FL	3.0	2.0	1588	$3,620	$2.28	1d	1	0.38mi
4954 Ataman St Boca Raton, FL	3.0	2.0	1819	$3,600	$1.98	7d	1	0.40mi
11008 Boca Woods Ln Boca Raton, FL	3.0	3.0	2502	$10,500	$4.20	24d	1	0.46mi
10134 Boca Woods Ln Unit 10134 Boca Raton, FL	3.0	3.0	2447	$6,800	$2.78	7d	1	1.08mi
10134 Boca Woods Ln Boca Raton, FL	3.0	3.0	2447	$6,800	$2.78	24d	1	1.08mi
10533 Mendocino Ln Boca Raton, FL	3.0	2.0	1927	$4,795	$2.49	24d	1	1.14mi
20971 Via Azalea #2 Boca Raton, FL	3.0	2.5	1642	$3,595	$2.19	24d	1	1.18mi
20971 Via Azalea #2 Boca Raton, FL	3.0	2.5	1642	$3,595	$2.19	14d	1	1.18mi
22525 Swordfish Dr Boca Raton, FL	3.0	2.0	1462	$4,500	$3.08	14d	1	1.27mi
9817 Arbor Oaks Ln Boca Raton, FL	1.0–3.0	1.0–2.0	1110	$2,686	$2.42	1d	27	1.29mi
10245 Via Hibiscus Unit 10245 Boca Raton, FL	2.0	2.5	1517	$3,100	$2.04	24d	1	1.29mi
12502 Baywind Ct Boca Raton, FL	3.0	2.0	2139	$5,900	$2.76	21d	1	1.38mi
10800 Haydn Dr Boca Raton, FL	3.0	2.5	2277	$4,300	$1.89	17d	1	1.39mi
9896 Grand Verde Way Boca Raton, FL	2.0–4.0	2.0–3.0	1600	$3,096	$1.93	2d	21	1.40mi
10234 Sleepy Brook Way Boca Raton, FL	3.0	2.0	1552	$3,500	$2.26	7d	1	1.41mi
9860 SW 3rd St Boca Raton, FL	1.0–3.0	1.5–2.5	1222	$2,631	$2.15	1d	36	1.41mi
10465 Mateo Ct Boca Raton, FL	3.0	2.5	1516	$4,500	$2.97	24d	1	1.44mi
22625 Blue Fin Trl Boca Raton, FL	3.0	2.0	1766	$4,500	$2.55	19d	1	1.50mi

HOA detail

• Monthly dues: $452 · $5,424/yr

Listing history 17 events

1. 2026-06-04
   status $479,000 Pending 18 DOM
2. 2026-06-03
   days on market $479,000 Active 18 DOM
3. 2026-06-02
   days on market $479,000 Active 17 DOM
4. 2026-06-01
   days on market $479,000 Active 16 DOM
5. 2026-05-31
   days on market $479,000 Active 15 DOM
6. 2026-05-16
   listed $479,000 Active
7. 2016-10-18
   soldstatus $157,000
8. 2016-10-13
   soldstatus $157,000 Closed 801-char remark

   Show marketing remark (801 chars)

   ON A DESIRABLE CUL DE SAC STREET, IN A MANDATRY MEMBERSHIP COUNTRY CLUB COMMUNITY, SITS A LOVELY HOUSE ON AN EXTRA SIZE LOT. THIS HOUSE IS ONE OF A KIND. FROM THE MOMENT YOU STEP INTO THIS SPECIAL HOUSE, YOU FEEL IT'S JUST THE PLACE YOU WANT TO CALL HOME. IN MINT CONDITION, READY FOR YOU. WITH EXPANSIVE VOLUME CEILINGS, THIS VIBRANT , SPACIOUS, AND INVITING HOME, OFFERS THE OPEN DESIGN OF TODAY AT A REASONABLE PRICE. RENOVATED, OVERSIZED, PATIO HOME WITH MAGNIFICENT LAKE AND GOLF COURSE VIEWS. SPLIT BEDROOMS, WITH ADDITIONAL FITTED CLOSETS. RECENTLY UPDATED KITCHEN WITH QUALITY CABINETS, GRANITE COUNTERS, STAINLESS APPLIANCES. INTERIOR LAUNDRY ROOM WITH EXTRA STORAGE CLOSET. BATHROOMS RECENTLY TOTALLY REDONE(AND REDESIGNED), WITH FINEST CABINETS AND HARDWARE. ADDITIONAL ROOM WITH OWN A/C. ,

9. 2016-09-26
   status Pending 801-char remark

   Show marketing remark (801 chars)

   ON A DESIRABLE CUL DE SAC STREET, IN A MANDATRY MEMBERSHIP COUNTRY CLUB COMMUNITY, SITS A LOVELY HOUSE ON AN EXTRA SIZE LOT. THIS HOUSE IS ONE OF A KIND. FROM THE MOMENT YOU STEP INTO THIS SPECIAL HOUSE, YOU FEEL IT'S JUST THE PLACE YOU WANT TO CALL HOME. IN MINT CONDITION, READY FOR YOU. WITH EXPANSIVE VOLUME CEILINGS, THIS VIBRANT , SPACIOUS, AND INVITING HOME, OFFERS THE OPEN DESIGN OF TODAY AT A REASONABLE PRICE. RENOVATED, OVERSIZED, PATIO HOME WITH MAGNIFICENT LAKE AND GOLF COURSE VIEWS. SPLIT BEDROOMS, WITH ADDITIONAL FITTED CLOSETS. RECENTLY UPDATED KITCHEN WITH QUALITY CABINETS, GRANITE COUNTERS, STAINLESS APPLIANCES. INTERIOR LAUNDRY ROOM WITH EXTRA STORAGE CLOSET. BATHROOMS RECENTLY TOTALLY REDONE(AND REDESIGNED), WITH FINEST CABINETS AND HARDWARE. ADDITIONAL ROOM WITH OWN A/C. ,

10. 2016-08-11
    price $169,000 801-char remark

    Show marketing remark (801 chars)

    ON A DESIRABLE CUL DE SAC STREET, IN A MANDATRY MEMBERSHIP COUNTRY CLUB COMMUNITY, SITS A LOVELY HOUSE ON AN EXTRA SIZE LOT. THIS HOUSE IS ONE OF A KIND. FROM THE MOMENT YOU STEP INTO THIS SPECIAL HOUSE, YOU FEEL IT'S JUST THE PLACE YOU WANT TO CALL HOME. IN MINT CONDITION, READY FOR YOU. WITH EXPANSIVE VOLUME CEILINGS, THIS VIBRANT , SPACIOUS, AND INVITING HOME, OFFERS THE OPEN DESIGN OF TODAY AT A REASONABLE PRICE. RENOVATED, OVERSIZED, PATIO HOME WITH MAGNIFICENT LAKE AND GOLF COURSE VIEWS. SPLIT BEDROOMS, WITH ADDITIONAL FITTED CLOSETS. RECENTLY UPDATED KITCHEN WITH QUALITY CABINETS, GRANITE COUNTERS, STAINLESS APPLIANCES. INTERIOR LAUNDRY ROOM WITH EXTRA STORAGE CLOSET. BATHROOMS RECENTLY TOTALLY REDONE(AND REDESIGNED), WITH FINEST CABINETS AND HARDWARE. ADDITIONAL ROOM WITH OWN A/C. ,

11. 2016-05-28
    price $205,000 801-char remark

    Show marketing remark (801 chars)

    ON A DESIRABLE CUL DE SAC STREET, IN A MANDATRY MEMBERSHIP COUNTRY CLUB COMMUNITY, SITS A LOVELY HOUSE ON AN EXTRA SIZE LOT. THIS HOUSE IS ONE OF A KIND. FROM THE MOMENT YOU STEP INTO THIS SPECIAL HOUSE, YOU FEEL IT'S JUST THE PLACE YOU WANT TO CALL HOME. IN MINT CONDITION, READY FOR YOU. WITH EXPANSIVE VOLUME CEILINGS, THIS VIBRANT , SPACIOUS, AND INVITING HOME, OFFERS THE OPEN DESIGN OF TODAY AT A REASONABLE PRICE. RENOVATED, OVERSIZED, PATIO HOME WITH MAGNIFICENT LAKE AND GOLF COURSE VIEWS. SPLIT BEDROOMS, WITH ADDITIONAL FITTED CLOSETS. RECENTLY UPDATED KITCHEN WITH QUALITY CABINETS, GRANITE COUNTERS, STAINLESS APPLIANCES. INTERIOR LAUNDRY ROOM WITH EXTRA STORAGE CLOSET. BATHROOMS RECENTLY TOTALLY REDONE(AND REDESIGNED), WITH FINEST CABINETS AND HARDWARE. ADDITIONAL ROOM WITH OWN A/C. ,

12. 2016-05-12
    listed $245,900 Active 801-char remark

    Show marketing remark (801 chars)

    ON A DESIRABLE CUL DE SAC STREET, IN A MANDATRY MEMBERSHIP COUNTRY CLUB COMMUNITY, SITS A LOVELY HOUSE ON AN EXTRA SIZE LOT. THIS HOUSE IS ONE OF A KIND. FROM THE MOMENT YOU STEP INTO THIS SPECIAL HOUSE, YOU FEEL IT'S JUST THE PLACE YOU WANT TO CALL HOME. IN MINT CONDITION, READY FOR YOU. WITH EXPANSIVE VOLUME CEILINGS, THIS VIBRANT , SPACIOUS, AND INVITING HOME, OFFERS THE OPEN DESIGN OF TODAY AT A REASONABLE PRICE. RENOVATED, OVERSIZED, PATIO HOME WITH MAGNIFICENT LAKE AND GOLF COURSE VIEWS. SPLIT BEDROOMS, WITH ADDITIONAL FITTED CLOSETS. RECENTLY UPDATED KITCHEN WITH QUALITY CABINETS, GRANITE COUNTERS, STAINLESS APPLIANCES. INTERIOR LAUNDRY ROOM WITH EXTRA STORAGE CLOSET. BATHROOMS RECENTLY TOTALLY REDONE(AND REDESIGNED), WITH FINEST CABINETS AND HARDWARE. ADDITIONAL ROOM WITH OWN A/C. ,

13. 2004-10-04
    soldstatus $262,000
14. 2004-09-30
    soldstatus $262,000 2144-char remark

    Show marketing remark (2144 chars)

    FULL MEMBERSHIP REQUIRED $20K EQUITY, $20K INITIATION FEE PLUS TAX. 2 CHAMPIONSHIP GOLF COURSES - LOW DENSITY, HAR TRU TENNIS COURTS, VERY ACTIVE SOCIAL CLUBHOUSE, LARGE CARD ROOMS, WOMAN'S CLUB, ENTERTAINMENT TRIPS, COMPUTER CLUB, BOOK CLUB, NEW FITNESS CENTER, CABANA GRILL & CLUBHOUSE. AN UNUNSUAL HOME WHICH HAS BEEN UPGRADED WITH EXCEPTIONAL TASTE. A BEAUTIFUL FAMILY ROOM, WHICH CAN BE CLOSED OFF FOR PRIVACY, HAS BEEN ADDED. IT HAS ITS OWN CEILINGAIR-CONDITIONER AND REMOTE CONTROL FANS. 22" WHITE TILE SET OFF THE CENTRAL PART OF THE HOME. THE KITCHEN CABINETS, WITH PULL OUT DRAWERS HAVE BEEN UPGRADED. THERE IS A STUNNING MIRRORED WALL UNIT IN THE DINING AREA WITH PLENTY OF STORAGE SPACE. A WALL OF EXTRA CLOSETS, SEVERAL OF WHICH ARE CO. .. (see supplement for full remarks) FULL MEMBERSHIP REQUIRED $20K EQUITY, $20K INITIATION FEE PLUS TAX. 2 CHAMPIONSHIP GOLF COURSES - LOW DENSITY, HAR TRU TENNIS COURTS, VERY ACTIVE SOCIAL CLUBHOUSE, LARGE CARD ROOMS, WOMAN'S CLUB, ENTERTAINMENTTRIPS, COMPUTER CLUB, BOOK CLUB, NEW FITNESS CENTER, CABANA GRILL & CLUBHOUSE. AN UNUNSUAL HOME WHICH HAS BEEN UPGRADED WITH EXCEPTIONAL TASTE. A BEAUTIFUL FAMILY ROOM, WHICH CAN BE CLOSED OFF FOR PRIVACY, HAS BEEN ADDED. IT HAS ITS OWN CEILINGAIR-CONDITIONER AND REMOTE CONTROL FANS. 22" WHITE TILE SET OFF THE CENTRAL PART OF THE HOME. THE KITCHEN CABINETS, WITH PULL OUT DRAWERS HAVE BEEN UPGRADED. THERE IS A STUNNING MIRRORED WALL UNIT IN THE DINING AREA WITH PLENTY OF STORAGE SPACE. A WALL OF EXTRA CLOSETS, SEVERAL OF WHICH ARE COMPLETELY FITTED, HAVE BEEN ADDED TO THE ENTRANCE TO THE MASTER BEDROOM. THE MASTER AND GUEST BATHROOMS HAVE BEEN UPGRADED WITH TALLER CABINETS, AND THE MASTER COMMODE HAS A SEPARATE DOOR FOR PRIVACY. A LARGE UTILITY CLOSET AND A SEPARATE LAUNDRY ROOM WERE INSTALLED FOR YOUR CONVENIENCE. UPGRADES TOO NUMEROUS TO MENTION INCLUDE NEW HARDWARE, A TILED ENTRANCE, FAUX PAINTING AND THE AIR-CONDITION SYSTEM AND WATER HEATER HAVE BEEN REPLACED ALLTHIS AT THE END OF A PRIVATE CUL-DE-SAC STREET, BEAUTIFUL LANDSCAPING & A LOVELY LAKE AND GOLF COURSE VIEW. ALL ROOM SIZES ARE APPROXIMATE.

15. 2004-07-08
    historical 2144-char remark

    Show marketing remark (2144 chars)

    FULL MEMBERSHIP REQUIRED $20K EQUITY, $20K INITIATION FEE PLUS TAX. 2 CHAMPIONSHIP GOLF COURSES - LOW DENSITY, HAR TRU TENNIS COURTS, VERY ACTIVE SOCIAL CLUBHOUSE, LARGE CARD ROOMS, WOMAN'S CLUB, ENTERTAINMENT TRIPS, COMPUTER CLUB, BOOK CLUB, NEW FITNESS CENTER, CABANA GRILL & CLUBHOUSE. AN UNUNSUAL HOME WHICH HAS BEEN UPGRADED WITH EXCEPTIONAL TASTE. A BEAUTIFUL FAMILY ROOM, WHICH CAN BE CLOSED OFF FOR PRIVACY, HAS BEEN ADDED. IT HAS ITS OWN CEILINGAIR-CONDITIONER AND REMOTE CONTROL FANS. 22" WHITE TILE SET OFF THE CENTRAL PART OF THE HOME. THE KITCHEN CABINETS, WITH PULL OUT DRAWERS HAVE BEEN UPGRADED. THERE IS A STUNNING MIRRORED WALL UNIT IN THE DINING AREA WITH PLENTY OF STORAGE SPACE. A WALL OF EXTRA CLOSETS, SEVERAL OF WHICH ARE CO. .. (see supplement for full remarks) FULL MEMBERSHIP REQUIRED $20K EQUITY, $20K INITIATION FEE PLUS TAX. 2 CHAMPIONSHIP GOLF COURSES - LOW DENSITY, HAR TRU TENNIS COURTS, VERY ACTIVE SOCIAL CLUBHOUSE, LARGE CARD ROOMS, WOMAN'S CLUB, ENTERTAINMENTTRIPS, COMPUTER CLUB, BOOK CLUB, NEW FITNESS CENTER, CABANA GRILL & CLUBHOUSE. AN UNUNSUAL HOME WHICH HAS BEEN UPGRADED WITH EXCEPTIONAL TASTE. A BEAUTIFUL FAMILY ROOM, WHICH CAN BE CLOSED OFF FOR PRIVACY, HAS BEEN ADDED. IT HAS ITS OWN CEILINGAIR-CONDITIONER AND REMOTE CONTROL FANS. 22" WHITE TILE SET OFF THE CENTRAL PART OF THE HOME. THE KITCHEN CABINETS, WITH PULL OUT DRAWERS HAVE BEEN UPGRADED. THERE IS A STUNNING MIRRORED WALL UNIT IN THE DINING AREA WITH PLENTY OF STORAGE SPACE. A WALL OF EXTRA CLOSETS, SEVERAL OF WHICH ARE COMPLETELY FITTED, HAVE BEEN ADDED TO THE ENTRANCE TO THE MASTER BEDROOM. THE MASTER AND GUEST BATHROOMS HAVE BEEN UPGRADED WITH TALLER CABINETS, AND THE MASTER COMMODE HAS A SEPARATE DOOR FOR PRIVACY. A LARGE UTILITY CLOSET AND A SEPARATE LAUNDRY ROOM WERE INSTALLED FOR YOUR CONVENIENCE. UPGRADES TOO NUMEROUS TO MENTION INCLUDE NEW HARDWARE, A TILED ENTRANCE, FAUX PAINTING AND THE AIR-CONDITION SYSTEM AND WATER HEATER HAVE BEEN REPLACED ALLTHIS AT THE END OF A PRIVATE CUL-DE-SAC STREET, BEAUTIFUL LANDSCAPING & A LOVELY LAKE AND GOLF COURSE VIEW. ALL ROOM SIZES ARE APPROXIMATE.

16. 2004-06-21
    listed $269,000 2144-char remark

    Show marketing remark (2144 chars)

    FULL MEMBERSHIP REQUIRED $20K EQUITY, $20K INITIATION FEE PLUS TAX. 2 CHAMPIONSHIP GOLF COURSES - LOW DENSITY, HAR TRU TENNIS COURTS, VERY ACTIVE SOCIAL CLUBHOUSE, LARGE CARD ROOMS, WOMAN'S CLUB, ENTERTAINMENT TRIPS, COMPUTER CLUB, BOOK CLUB, NEW FITNESS CENTER, CABANA GRILL & CLUBHOUSE. AN UNUNSUAL HOME WHICH HAS BEEN UPGRADED WITH EXCEPTIONAL TASTE. A BEAUTIFUL FAMILY ROOM, WHICH CAN BE CLOSED OFF FOR PRIVACY, HAS BEEN ADDED. IT HAS ITS OWN CEILINGAIR-CONDITIONER AND REMOTE CONTROL FANS. 22" WHITE TILE SET OFF THE CENTRAL PART OF THE HOME. THE KITCHEN CABINETS, WITH PULL OUT DRAWERS HAVE BEEN UPGRADED. THERE IS A STUNNING MIRRORED WALL UNIT IN THE DINING AREA WITH PLENTY OF STORAGE SPACE. A WALL OF EXTRA CLOSETS, SEVERAL OF WHICH ARE CO. .. (see supplement for full remarks) FULL MEMBERSHIP REQUIRED $20K EQUITY, $20K INITIATION FEE PLUS TAX. 2 CHAMPIONSHIP GOLF COURSES - LOW DENSITY, HAR TRU TENNIS COURTS, VERY ACTIVE SOCIAL CLUBHOUSE, LARGE CARD ROOMS, WOMAN'S CLUB, ENTERTAINMENTTRIPS, COMPUTER CLUB, BOOK CLUB, NEW FITNESS CENTER, CABANA GRILL & CLUBHOUSE. AN UNUNSUAL HOME WHICH HAS BEEN UPGRADED WITH EXCEPTIONAL TASTE. A BEAUTIFUL FAMILY ROOM, WHICH CAN BE CLOSED OFF FOR PRIVACY, HAS BEEN ADDED. IT HAS ITS OWN CEILINGAIR-CONDITIONER AND REMOTE CONTROL FANS. 22" WHITE TILE SET OFF THE CENTRAL PART OF THE HOME. THE KITCHEN CABINETS, WITH PULL OUT DRAWERS HAVE BEEN UPGRADED. THERE IS A STUNNING MIRRORED WALL UNIT IN THE DINING AREA WITH PLENTY OF STORAGE SPACE. A WALL OF EXTRA CLOSETS, SEVERAL OF WHICH ARE COMPLETELY FITTED, HAVE BEEN ADDED TO THE ENTRANCE TO THE MASTER BEDROOM. THE MASTER AND GUEST BATHROOMS HAVE BEEN UPGRADED WITH TALLER CABINETS, AND THE MASTER COMMODE HAS A SEPARATE DOOR FOR PRIVACY. A LARGE UTILITY CLOSET AND A SEPARATE LAUNDRY ROOM WERE INSTALLED FOR YOUR CONVENIENCE. UPGRADES TOO NUMEROUS TO MENTION INCLUDE NEW HARDWARE, A TILED ENTRANCE, FAUX PAINTING AND THE AIR-CONDITION SYSTEM AND WATER HEATER HAVE BEEN REPLACED ALLTHIS AT THE END OF A PRIVATE CUL-DE-SAC STREET, BEAUTIFUL LANDSCAPING & A LOVELY LAKE AND GOLF COURSE VIEW. ALL ROOM SIZES ARE APPROXIMATE.

17. 1992-08-10
    soldstatus $160,000

ⓘ 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: $1,603 · $134/mo
• Projected year-2 tax: $3,976 · $331/mo
• Expected delta: +$2,372/yr (+$198/mo · 148.0%)

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

Taxation est. · year 1

• Rental income: $55,507
• − Mortgage interest: −$26,831
• − Property taxes: −$1,603
• − Insurance: −$2,395
• − Repairs & maintenance: −$4,441
• − Management: −$4,441
• − HOA: −$5,424
• − Depreciation: −$13,935
• Taxable loss: −$3,563
• Est. tax savings @ 24.0%: +$855
• After-tax cash flow: $5,140/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 — Watergate

• Score: 67/100
• State rank: #585
• US rank: #11201

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Palm Beach County · 1,438,312 people
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 47,588
• Household income: $88,543
• Rent vs Own: 33.4% rent · 66.6% own
• Severe rent burden: 1990.0

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: Diverse neighborhood (Simpson 0.69)
• Race & ethnicity: White 50% Two or more races 23% Hispanic / Latino 22% Black 7% Asian 5%
• Hispanic origin (detail): Mexican 3% Puerto Rican 3% Cuban 2% Dominican 1%
• Common ancestry: Estonian 12% Romanian 3% Scotch-Irish 3%
• Foreign-born: 37% · Canada, Jamaica, Vietnam
• Languages at home: 55% English-only · Spanish 19% Other Indo-European 17% 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: ▼ -299.00%
• Current HPI: 373.2649
• Rent YoY: ▲ 3.72%
• 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

+199.4% since first listed

12 events — show timeline

• 2026-05-16 Listed $479,000 Beaches MLS
• 2016-10-18 Sold (Public Records) $157,000 Public Records
• 2016-10-13 Sold (MLS) $157,000 Beaches MLS
• 2016-09-26 Pending — Beaches MLS
• 2016-08-11 Price Changed $169,000 Beaches MLS
• 2016-05-28 Price Changed $205,000 Beaches MLS
• 2016-05-12 Listed $245,900 Beaches MLS
• 2004-10-04 Sold (Public Records) $262,000 Public Records
• 2004-09-30 Sold (MLS) $262,000 Beaches MLS
• 2004-07-08 Listing Removed — Beaches MLS
• 2004-06-21 Listed $269,000 Beaches MLS
• 1992-08-10 Sold (Public Records) $160,000 Public Records

Property tax history

+0.0%/yr

Latest (2025): $1,603 · +3.9% YoY. Source: county tax records.