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610 Peppergrass Run
D+ Composite 46.64
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 +14.9/15.0
  • Appreciation +10.0/10.0
  • Cash flow +6.2/30.0
  • Schools +4.3/10.0
  • Livability +4.0/5.0
  • Rent growth +2.7/5.0
  • Condition / age +2.5/5.0
  • 1% rule +1.6/10.0
  • DSCR +0.5/10.0

$499,000

610 Peppergrass Run · Royal Palm Beach, FL 33411
4 bd · 2.5 ba · 2,238 sqft · SingleFamily public records · 28 Days on market
Built 2006 6,634 sqft lot Est $598k · 16% under $267/mo HOA · 8% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

This great two story home is ready for the new buyer. It offers a private lot location with plenty of room to add a pool or just have space for play sets or pets. The home has a popular layout with 3 bedrooms plus a loft (which could be a 4th bedroom or an office). You will enjoy the living room and the stunning ceilings. Imagine entertaining in the formal dining room. The kitchen has an open design into the family room area. The kitchen offers stainless steel appliances, a pantry and lots of cabinet & counter space. You will enjoy the covered paver patio off the family room. New wood flooring has been added on the stairs and the complete second floor. The master suite has a tray ceiling, hi-hat lights, & walk-in closet. The master bath offers double sinks, roman tub & separate shower. The home has 2 additional bedrooms with a loft area. The A/C is only 2 years old and the hot water heater is brand new. Storm preparation will be easy with accordion shutters. Nautica Lakes will be a great community with all of the amenities that you desire. The community also includes a clubhouse with workout area, pool, tennis, tot lot and gated entry.

Key facts

  • Gated community
  • Fitness center
  • Clubhouse

Tags

GATED COMMUNITYCBS CONSTRUCTIONSPANISH TILE ROOFACCORDION STORM SHUTTERSCLUBHOUSEFITNESS CENTER

Property features AI

Finance

  • Other: Pets allowed with breed restrictions
  • HOA & community: Homeowners association managed by Davenport Professional Management; Monthly HOA fee of $267; HOA covers cable TV, security, common areas and recreation facilities; Community amenities: pool, clubhouse, fitness center, tennis courts, basketball court, sidewalks, street lights

Exterior

  • Parking: Attached 2-car garage; Driveway parking; Two covered parking spaces; Two open parking spaces; Total parking for 4 vehicles
  • Security: Gated community; Community security (association amenity)
  • Utilities: Public water; Public sewer; Electricity available; Cable available
  • Home design: Single-family home; Two-story; Entry at level 1; West-facing
  • Construction: Built with concrete block (CBS) with stucco; Barrel tile roof
  • Exterior features: Covered patio; Open patio; Backyard fencing

Interior

  • Kitchen: Dishwasher; Electric range; Microwave; Refrigerator; Garbage disposal; Electric water heater
  • Bedrooms: No main-level bedrooms (bedrooms located upstairs)
  • Flooring: Ceramic tile; Wood
  • Bathrooms: Two full bathrooms and one half bathroom; One bathroom on the main level
  • Heating & cooling: Central heating; Central air conditioning
  • Interior features: Vaulted ceilings; Split bedroom layout; Upstairs living area
  • Laundry & utility: Inside laundry in a laundry closet

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 4-bed/2.5-bath single-family listed at $499k.

Deal economics

  • At list price, monthly cash flow is $-914 ($-11k/yr) — negative.
  • To cash-flow at today's rent, offer at most $338k (32.4% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $329k (34.0% below list).
  • Recommended offer: $329k (34.0% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads 79/100 on livability (#135 in FL, #2,039 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, health & safety A+; Watch: cost of living C-, 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: Everglades Elementary (math 70% / reading 74%, grade A-, #288 of 2,144 statewide, top 15%, 888 students, 34% FRL); Crestwood Community Middle (math 49% / reading 52%, grade C, #246 of 571 statewide, top 44%, 724 students, 50% FRL); Royal Palm Beach High School (math 22% / reading 38%, grade F, #441 of 667 statewide, top 67%, 2,343 students, 57% FRL) — zoned schools at 47% FRL track the district average.
  • Market conditions: Rents flat; 574 active listings in the ZIP; 34 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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).
  • This rent runs 43% of the median local income ($93k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • In year one you build about $53k of equity ($3k loan paydown + $50k 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 ~$86k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 28 days — a 2% lower offer ($492k) is reasonable based on typical stale-listing flexibility.
  • 7 sale attempts since 20y 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 $322k; list at $499k implies a 55% 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 6→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $329,127 (34.0% 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  5. 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?
  6. 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.
  7. 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.
  8. 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
0.66%
Cap rate
4.10%
Cash-on-cash
-7.85%
DSCR
0.65
GRM
12.6

CMA / ARV

ARV (on-the-fly)
$597,546
Comps found
1
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
210 Sandpiper Ave 0.55mi 3/2.5 (-1) 2,100 (-6%) 13mo $560,000 $267 49

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 0.85% rent growth · sell at horizon

5-year hold
IRR
18.2%
Equity multiple
2.48×
Total profit
$206,686
Equity at exit
$449,539
10-year hold
IRR
16.6%
Equity multiple
5.59×
Total profit
$641,667
Equity at exit
$969,447

Cash invested: $139,720 (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.

ZIP-level market 33411

Home prices YoY
1.9%
Rents YoY
0.8%
Active inventory
574
Price-to-rent
12.6×

Monthly cashflow live

Estimated rent
$3,291 high interval (Pro) →
Mortgage (P&I)
$2,617
Tax from tax record
$422 /mo · $5,066/yr
Insurance
$208
HOA
$267
Vacancy / Maint / Mgmt
$691
Net cashflow
$-914

Break-even live

Break-even rent $4,448
Max offer price $337,571
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
$124,750
Closing costs
$14,970
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 34 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
460 Rainbow Springs Ter Royal Palm Beach, FL 3.0 2.5 1579 $2,950 $1.87 24d 1 0.31mi
274 River Bluff Ln Royal Palm Beach, FL 3.0 2.5 1579 $3,000 $1.90 24d 1 0.34mi
213 River Bluff Ln Royal Palm Beach, FL 3.0 2.5 1579 $2,800 $1.77 24d 1 0.45mi
121 Tuscany Dr Royal Palm Beach, FL 4.0 3.0 2743 $3,599 $1.31 24d 1 0.46mi
180 Seminole Lakes Dr Royal Palm Beach, FL 3.0 2.0 1856 $3,500 $1.89 24d 1 0.66mi
118 Bobwhite Rd Royal Palm Beach, FL 3.0 2.0 1444 $3,200 $2.22 17d 1 0.73mi
849 Camellia Dr Royal Palm Beach, FL 3.0 2.0 1599 $3,400 $2.13 24d 1 0.74mi
176 Bellezza Ter Royal Palm Beach, FL 4.0 2.5 2058 $3,350 $1.63 10d 1 0.74mi
11260 Channing Way Unit 212 Royal Palm Beach, FL 3.0 2.0 1417 $3,174 $2.24 24d 1 0.81mi
113 Sandpiper Ave Royal Palm Beach, FL 3.0 2.0 1798 $3,500 $1.95 11d 1 0.84mi
11300 Channing Ln Unit 102 Royal Palm Beach, FL 3.0 2.0 2111 $4,299 $2.04 24d 1 0.87mi
11200 Nicole Dr Wellington, FL 1.0–4.0 1.0–3.5 1404 $4,443 $3.16 1d 33 0.91mi
179 Dove Cir Royal Palm Beach, FL 3.0 2.0 1642 $3,500 $2.13 24d 1 0.92mi
100 Sparrow Dr #14 Royal Palm Beach, FL 3.0 2.0 1737 $2,725 $1.57 24d 1 1.07mi
908 Hibiscus Dr Royal Palm Beach, FL 3.0 2.0 1973 $3,600 $1.82 2d 1 1.08mi
296 Sandpiper Ave Royal Palm Beach, FL 3.0 2.0 1569 $3,100 $1.98 24d 1 1.09mi
100 Sparrow Dr #2 Royal Palm Beach, FL 3.0 2.0 1824 $2,725 $1.49 18d 1 1.12mi
147 Kensington Way Royal Palm Beach, FL 4.0 2.5 2536 $4,000 $1.58 24d 1 1.12mi
182 Sparrow Dr Unit A Royal Palm Beach, FL 3.0 2.0 1485 $3,000 $2.02 24d 1 1.19mi
169 Berenger Walk Royal Palm Beach, FL 4.0 2.5 2262 $3,750 $1.66 24d 1 1.20mi
175 Berenger Walk Royal Palm Beach, FL 4.0 2.5 2204 $3,600 $1.63 24d 1 1.20mi
2108 Shoma Dr Royal Palm Beach, FL 3.0 2.0 1457 $2,400 $1.65 24d 1 1.20mi
217 Berenger Walk Royal Palm Beach, FL 3.0 2.5 2204 $3,000 $1.36 16d 1 1.24mi
3308 Shoma Dr Royal Palm Beach, FL 4.0 3.5 1988 $2,500 $1.26 24d 1 1.24mi
3308 Shoma Dr Royal Palm Beach, FL 4.0 3.5 1988 $2,500 $1.26 5d 1 1.24mi
106 Fernwood Cres Royal Palm Beach, FL 4.0 2.0 2088 $3,500 $1.68 14d 1 1.29mi
3515 Shoma Dr Unit 3515 West Palm Beach, FL 3.0 3.5 1815 $3,250 $1.79 24d 1 1.29mi
3808 Shoma Dr Unit 3808 West Palm Beach, FL 3.0 3.0 2300 $2,300 $1.00 24d 1 1.29mi
3106 Shoma Dr Royal Palm Beach, FL 4.0 3.5 1988 $4,000 $2.01 3d 1 1.29mi
3106 Shoma Dr Royal Palm Beach, FL 4.0 3.5 1988 $3,900 $1.96 24d 1 1.29mi
2405 Shoma Dr Royal Palm Beach, FL 3.0 3.5 1932 $2,375 $1.23 2d 1 1.30mi
502 Rambling Drive Cir Unit 1 Wellington, FL 3.0 1.0 2600 $3,600 $1.38 24d 1 1.38mi
116 Hamilton Ter Royal Palm Beach, FL 4.0 2.5 2537 $3,500 $1.38 14d 1 1.44mi
116 Hamilton Ter Royal Palm Beach, FL 4.0 2.5 2537 $3,300 $1.30 2d 1 1.44mi

HOA detail

Monthly dues
$267 · $3,204/yr
Likely covers
waterpoolsecurity

Listing history 22 events

  1. 2026-05-02
    historical Active Under Contract
  2. 2026-04-28
    listed $499,000 Active
  3. 2018-04-23
    soldstatus $322,500
  4. 2018-04-20
    soldstatus $322,500 Closed 1172-char remark
    Show marketing remark (1172 chars)

    This great two story home is ready for the new buyer. It offers a private lot location with plenty of room to add a pool or just have space for play sets or pets. The home has a popular layout with 3 bedrooms plus a loft (which could be a 4th bedroom or an office). You will enjoy the living room and the stunning ceilings. Imagine entertaining in the formal dining room. The kitchen has an open design into the family room area. The kitchen offers stainless steel appliances, a pantry and lots of cabinet & counter space. You will enjoy the covered paver patio off the family room. New wood flooring has been added on the stairs and the complete second floor. The master suite has a tray ceiling, hi-hat lights, & walk-in closet. The master bath offers double sinks, roman tub & separate shower. The home has 2 additional bedrooms with a loft area. The A/C is only 2 years old and the hot water heater is brand new. Storm preparation will be easy with accordion shutters. Nautica Lakes will be a great community with all of the amenities that you desire. The community also includes a clubhouse with workout area, pool, tennis, tot lot and gated entry.

  5. 2018-03-20
    historical Active Under Contract 1172-char remark
    Show marketing remark (1172 chars)

    This great two story home is ready for the new buyer. It offers a private lot location with plenty of room to add a pool or just have space for play sets or pets. The home has a popular layout with 3 bedrooms plus a loft (which could be a 4th bedroom or an office). You will enjoy the living room and the stunning ceilings. Imagine entertaining in the formal dining room. The kitchen has an open design into the family room area. The kitchen offers stainless steel appliances, a pantry and lots of cabinet & counter space. You will enjoy the covered paver patio off the family room. New wood flooring has been added on the stairs and the complete second floor. The master suite has a tray ceiling, hi-hat lights, & walk-in closet. The master bath offers double sinks, roman tub & separate shower. The home has 2 additional bedrooms with a loft area. The A/C is only 2 years old and the hot water heater is brand new. Storm preparation will be easy with accordion shutters. Nautica Lakes will be a great community with all of the amenities that you desire. The community also includes a clubhouse with workout area, pool, tennis, tot lot and gated entry.

  6. 2018-02-20
    price $325,000 1172-char remark
    Show marketing remark (1172 chars)

    This great two story home is ready for the new buyer. It offers a private lot location with plenty of room to add a pool or just have space for play sets or pets. The home has a popular layout with 3 bedrooms plus a loft (which could be a 4th bedroom or an office). You will enjoy the living room and the stunning ceilings. Imagine entertaining in the formal dining room. The kitchen has an open design into the family room area. The kitchen offers stainless steel appliances, a pantry and lots of cabinet & counter space. You will enjoy the covered paver patio off the family room. New wood flooring has been added on the stairs and the complete second floor. The master suite has a tray ceiling, hi-hat lights, & walk-in closet. The master bath offers double sinks, roman tub & separate shower. The home has 2 additional bedrooms with a loft area. The A/C is only 2 years old and the hot water heater is brand new. Storm preparation will be easy with accordion shutters. Nautica Lakes will be a great community with all of the amenities that you desire. The community also includes a clubhouse with workout area, pool, tennis, tot lot and gated entry.

  7. 2018-02-03
    status Active 1172-char remark
    Show marketing remark (1172 chars)

    This great two story home is ready for the new buyer. It offers a private lot location with plenty of room to add a pool or just have space for play sets or pets. The home has a popular layout with 3 bedrooms plus a loft (which could be a 4th bedroom or an office). You will enjoy the living room and the stunning ceilings. Imagine entertaining in the formal dining room. The kitchen has an open design into the family room area. The kitchen offers stainless steel appliances, a pantry and lots of cabinet & counter space. You will enjoy the covered paver patio off the family room. New wood flooring has been added on the stairs and the complete second floor. The master suite has a tray ceiling, hi-hat lights, & walk-in closet. The master bath offers double sinks, roman tub & separate shower. The home has 2 additional bedrooms with a loft area. The A/C is only 2 years old and the hot water heater is brand new. Storm preparation will be easy with accordion shutters. Nautica Lakes will be a great community with all of the amenities that you desire. The community also includes a clubhouse with workout area, pool, tennis, tot lot and gated entry.

  8. 2018-01-24
    historical Active Under Contract 1172-char remark
    Show marketing remark (1172 chars)

    This great two story home is ready for the new buyer. It offers a private lot location with plenty of room to add a pool or just have space for play sets or pets. The home has a popular layout with 3 bedrooms plus a loft (which could be a 4th bedroom or an office). You will enjoy the living room and the stunning ceilings. Imagine entertaining in the formal dining room. The kitchen has an open design into the family room area. The kitchen offers stainless steel appliances, a pantry and lots of cabinet & counter space. You will enjoy the covered paver patio off the family room. New wood flooring has been added on the stairs and the complete second floor. The master suite has a tray ceiling, hi-hat lights, & walk-in closet. The master bath offers double sinks, roman tub & separate shower. The home has 2 additional bedrooms with a loft area. The A/C is only 2 years old and the hot water heater is brand new. Storm preparation will be easy with accordion shutters. Nautica Lakes will be a great community with all of the amenities that you desire. The community also includes a clubhouse with workout area, pool, tennis, tot lot and gated entry.

  9. 2018-01-11
    listed $330,000 Active 1172-char remark
    Show marketing remark (1172 chars)

    This great two story home is ready for the new buyer. It offers a private lot location with plenty of room to add a pool or just have space for play sets or pets. The home has a popular layout with 3 bedrooms plus a loft (which could be a 4th bedroom or an office). You will enjoy the living room and the stunning ceilings. Imagine entertaining in the formal dining room. The kitchen has an open design into the family room area. The kitchen offers stainless steel appliances, a pantry and lots of cabinet & counter space. You will enjoy the covered paver patio off the family room. New wood flooring has been added on the stairs and the complete second floor. The master suite has a tray ceiling, hi-hat lights, & walk-in closet. The master bath offers double sinks, roman tub & separate shower. The home has 2 additional bedrooms with a loft area. The A/C is only 2 years old and the hot water heater is brand new. Storm preparation will be easy with accordion shutters. Nautica Lakes will be a great community with all of the amenities that you desire. The community also includes a clubhouse with workout area, pool, tennis, tot lot and gated entry.

  10. 2015-08-19
    soldstatus $285,000
  11. 2015-08-14
    soldstatus $285,000 Closed 474-char remark
    Show marketing remark (474 chars)

    Great 3 bedroom 2 1/2 bath home. On property app. as a 4 bedroom because loft area can be 4th bedroom in this model. Taxes reflect NO Homestead Exemption. Family and Living rooms, breakfast area in the kitchen plus formal dining room. Ready to move in! Family has lived here for over 5 years and home is well maintained. Nautica Lakes offers a great community pool and clubhouse, tennis and basketball courts, playground and exercise area. Don't miss seeing this great home!

  12. 2015-07-27
    status Pending 474-char remark
    Show marketing remark (474 chars)

    Great 3 bedroom 2 1/2 bath home. On property app. as a 4 bedroom because loft area can be 4th bedroom in this model. Taxes reflect NO Homestead Exemption. Family and Living rooms, breakfast area in the kitchen plus formal dining room. Ready to move in! Family has lived here for over 5 years and home is well maintained. Nautica Lakes offers a great community pool and clubhouse, tennis and basketball courts, playground and exercise area. Don't miss seeing this great home!

  13. 2015-07-07
    historical Contingent 474-char remark
    Show marketing remark (474 chars)

    Great 3 bedroom 2 1/2 bath home. On property app. as a 4 bedroom because loft area can be 4th bedroom in this model. Taxes reflect NO Homestead Exemption. Family and Living rooms, breakfast area in the kitchen plus formal dining room. Ready to move in! Family has lived here for over 5 years and home is well maintained. Nautica Lakes offers a great community pool and clubhouse, tennis and basketball courts, playground and exercise area. Don't miss seeing this great home!

  14. 2015-06-24
    listed $289,000 Active 474-char remark
    Show marketing remark (474 chars)

    Great 3 bedroom 2 1/2 bath home. On property app. as a 4 bedroom because loft area can be 4th bedroom in this model. Taxes reflect NO Homestead Exemption. Family and Living rooms, breakfast area in the kitchen plus formal dining room. Ready to move in! Family has lived here for over 5 years and home is well maintained. Nautica Lakes offers a great community pool and clubhouse, tennis and basketball courts, playground and exercise area. Don't miss seeing this great home!

  15. 2015-03-18
    historical
  16. 2010-03-15
    soldstatus $196,000
  17. 2010-03-08
    soldstatus $196,000
  18. 2010-01-29
    historical
  19. 2009-09-18
    listed $200,000
  20. 2009-01-15
    historical
  21. 2008-07-13
    listed $299,999
  22. 2006-12-03
    listed $398,800

ⓘ 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
$5,066 · $422/mo
Projected year-2 tax
$5,066 · $422/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 6 d/yr ≥107°F today · 21 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 · 1 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
$39,495
− Mortgage interest
−$27,952
− Property taxes
−$5,066
− Insurance
−$2,495
− Repairs & maintenance
−$3,160
− Management
−$3,160
− HOA
−$3,204
− Depreciation
−$14,516
Taxable loss
−$20,057
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$4,814
After-tax cash flow
$-6,152/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 — Royal Palm Beach

Score
79/100
State rank
#135
US rank
#2039

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Royal Palm Beach, FL
County
Palm Beach County · 1,438,312 people
City population
75,299
Metro
Miami-Fort Lauderdale-Pompano Beach, FL
Population (ZIP)
76,863
Household income
$92,591
Rent vs Own
20.5% rent · 79.5% own
Severe rent burden
1870.0

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 0.70)
Race & ethnicity
White 44% Hispanic / Latino 24% Black 23% Two or more races 16% Asian 5%
Hispanic origin (detail)
Mexican 2% Puerto Rican 5% Cuban 4% Dominican 2%
Common ancestry
Hispanic 6% Romanian 2% Italian 1%
Foreign-born
26% · Canada, Jamaica, China
Languages at home
73% English-only · Spanish 17% French/Haitian/Cajun 4% 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
▲ 17.04%
Current HPI
903.78
Rent YoY
▲ 0.85%
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

Price history

+25.1% since first listed
22 events — show timeline
  • 2026-05-02 Contingent Beaches MLS
  • 2026-04-28 Listed $499,000 Beaches MLS
  • 2018-04-23 Sold (Public Records) $322,500 Public Records
  • 2018-04-20 Sold (MLS) $322,500 Beaches MLS
  • 2018-03-20 Contingent Beaches MLS
  • 2018-02-20 Price Changed $325,000 Beaches MLS
  • 2018-02-03 Relisted Beaches MLS
  • 2018-01-24 Contingent Beaches MLS
  • 2018-01-11 Listed $330,000 Beaches MLS
  • 2015-08-19 Sold (Public Records) $285,000 Public Records
  • 2015-08-14 Sold (MLS) $285,000 Beaches MLS
  • 2015-07-27 Pending Beaches MLS
  • 2015-07-07 Contingent Beaches MLS
  • 2015-06-24 Listed $289,000 Beaches MLS
  • 2015-03-18 Listing Removed Beaches MLS
  • 2010-03-15 Sold (Public Records) $196,000 Public Records
  • 2010-03-08 Sold (MLS) $196,000 Beaches MLS
  • 2010-01-29 Listing Removed Beaches MLS
  • 2009-09-18 Listed $200,000 Beaches MLS
  • 2009-01-15 Listing Removed Beaches MLS
  • 2008-07-13 Listed $299,999 Beaches MLS
  • 2006-12-03 Listed $398,800 Beaches MLS

Property tax history

+2.9%/yr

Latest (2025): $5,066 · +3.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…