14628 Canalview Dr Unit A · Delray Beach, FL 33484

$180,000

2 bd · 2.0 ba · 1,186 sqft · Condo public records · 72 Days on market

Built 1981 $505/mo HOA · 21% of rent

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Why this score? — see what drove the C 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 +20.5/30.0
• 1% rule +8.7/10.0
• ARV discount +7.5/15.0
• DSCR +6.5/10.0
• Schools +4.3/10.0
• Livability +3.9/5.0
• Rent growth +3.6/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Lovely bright and well kept condo is desirable Delray Beach. Priced to sell quickly. Tiled throughout except main bedroom. Florida room under air. Minutes from the famous downtown Atlantic Ave and the gorgeous beaches of Delray.

Key facts

• Oversized corner lot
• Enclosed patio
• $505 HOA

Tags

• OVERSIZED CORNER LOT
• ENCLOSED PATIO

Property features AI

Finance

• Other: Pets not allowed
• HOA & community: Monthly association fee of $505; Association covers grounds maintenance, trash, water and common areas; Shuffleboard court; Association maintenance services; Senior community

Exterior

• Parking: Guest parking available; One open parking space
• Utilities: Public water; Public sewer; Electricity connected; Sewer available; Water available
• Home design: Condominium; One story; Resale condition; Faces south
• Construction: Stucco / CBS (concrete block with stucco) construction; Shingle roof; Built with concrete
• Exterior features: Corner lot; Open patio

Interior

• Kitchen: Refrigerator
• Bedrooms: One main-level bedroom
• Flooring: Concrete; Tile
• Bathrooms: Two full bathrooms; One main-level bathroom
• Heating & cooling: Central heating; Central air; Ceiling fans
• Interior features: Stacked bedroom layout; Open patio
• Laundry & utility: Laundry room

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $180k.

Deal economics

• At list price, monthly cash flow is $238 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $180k).
• Recommended offer: $169k (6.0% below list) — sets the bar for market timing.
• Cap rate 7.9% vs local median 4.3% 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: Banyan Creek Elementary School (math 62% / reading 64%, grade B, #582 of 2,144 statewide, top 28%, 844 students, 51% FRL); Atlantic High School (math 28% / reading 52%, grade F, #296 of 667 statewide, top 45%, 1,889 students, 59% FRL) — zoned schools at 55% FRL track the district average.
• Market conditions: Rents rising fast (+4.3%/yr); 546 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 3,974 units permitted in Palm Beach County in 2024 (1,012 in 5+ unit buildings).
• At $2,458/mo this rent would consume 47% of the median local household income ($62k/yr) (locally 991% 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 $1k of loan paydown is wiped out by about $5k 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 72 days — a 6% lower offer ($169k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 24y 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 $120k; list at $180k implies a 50% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: HOA is 21% of rent.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $169,200 (6.0% below list)

Questions for the listing agent

1. It's been on market 72 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
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. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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.
9. 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.
10. 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: 1.37% ✓
• Cap rate: 7.88%
• Cash-on-cash: 5.67%
• DSCR: 1.25
• GRM: 6.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 4.28% rent growth · sell at horizon

5-year hold

• IRR: -5.5%
• Equity multiple: 0.79×
• Total profit: $-10,480
• Equity at exit: $26,839

10-year hold

• IRR: 6.2%
• Equity multiple: 1.50×
• Total profit: $25,200
• Equity at exit: $15,563

Cash invested: $50,400 (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 33484

• Rents YoY: 4.3%
• Active inventory: 546
• Price-to-rent: 6.1×

Monthly cashflow live

• Estimated rent: $2,458 high
• Mortgage (P&I): −$944
• Tax from tax record: −$180 /mo · $2,161/yr
• Insurance: −$75
• HOA: −$505
• Vacancy / Maint / Mgmt: −$516
• Net cashflow: $238

Break-even live

Break-even rent $2,157

Max offer price $180,000

Occupancy floor 85%

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: $45,000
• Closing costs: $5,400
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
14716 Canalview Dr Unit D Delray Beach, FL	2.0	2.0	1186	$3,500	$2.95	13d	1	0.05mi
14484 Canalview Dr Unit C Delray Beach, FL	1.0	2.0	1068	$1,700	$1.59	24d	1	0.15mi
14696 Lucy Dr #14696 Delray Beach, FL	2.0	2.0	1200	$2,200	$1.83	8d	1	0.34mi
14606 Lucy Dr Delray Beach, FL	2.0	2.0	1200	$1,850	$1.54	24d	1	0.35mi
5600 Atlantic Ave Delray Beach, FL	1.0–3.0	1.0–3.0	1147	$3,030	$2.64	1d	29	0.40mi
14676 Canalview Dr Unit C Delray Beach, FL	1.0	2.0	1068	$1,775	$1.66	24d	1	0.42mi
14629 Canalview Dr Unit C Delray Beach, FL	1.0	2.0	1068	$1,600	$1.50	24d	1	0.42mi
5385 Lakefront Blvd Unit A Delray Beach, FL	2.0	2.0	1186	$2,200	$1.85	24d	1	0.42mi
5126 Lakefront Blvd Unit D Delray Beach, FL	2.0	2.0	1186	$2,500	$2.11	21d	1	0.43mi
14401 S Military Trl Delray Beach, FL	2.0–3.0	1.0–2.0	1094	$2,384	$2.18	2d	8	0.44mi
5169 Lakefront Blvd Unit D Delray Beach, FL	2.0	2.0	1186	$2,300	$1.94	24d	1	0.45mi
5030 Lakefront Blvd Unit D Delray Beach, FL	2.0	2.0	1287	$1,700	$1.32	24d	1	0.52mi
5884 Morningstar Cir #306 Delray Beach, FL	2.0	2.0	1113	$2,200	$1.98	24d	1	0.53mi
14425 Amapola Way Delray Beach, FL	2.0	2.0	1406	$2,800	$1.99	5d	1	0.54mi
14464 Campanelli Dr Delray Beach, FL	2.0	2.0	1296	$2,950	$2.28	24d	1	0.54mi
5910 Morningstar Cir #202 Delray Beach, FL	2.0	2.0	1120	$2,200	$1.96	24d	1	0.55mi
5349 Lakefront Blvd Unit B Delray Beach, FL	1.0	2.0	1068	$1,800	$1.69	24d	1	0.55mi
5550 Nepsa Way Delray Beach, FL	1.0–3.0	1.0–2.0	1035	$2,776	$2.68	1d	12	0.57mi
15364 Lakes of Delray Blvd #45 Delray Beach, FL	2.0	2.0	1160	$2,000	$1.72	14d	1	0.61mi
14139 Nesting Way Unit A Delray Beach, FL	2.0	2.0	1255	$2,200	$1.75	12d	1	0.61mi
15449 Lakes of Delray Blvd #207 Delray Beach, FL	2.0	2.0	976	$2,950	$3.02	24d	1	0.62mi
15469 Lakes of Delray Blvd #102 Delray Beach, FL	2.0	2.0	976	$3,000	$3.07	24d	1	0.62mi
14040 Nesting Way Unit B Delray Beach, FL	1.0	2.0	1092	$1,700	$1.56	24d	1	0.66mi
14050 Pacific Point Pl Delray Beach, FL	1.0–3.0	1.0–2.0	1033	$2,758	$2.67	2d	22	0.67mi
5265 NW 3rd St Unit C Delray Beach, FL	1.0	1.5	1080	$2,200	$2.04	24d	1	0.70mi
15355 Lakes of Delray Blvd #309 Delray Beach, FL	2.0	2.0	1362	$2,800	$2.06	19d	1	0.70mi
6096 Kings Gate Cir Delray Beach, FL	2.0	2.0	1311	$2,500	$1.91	24d	1	0.73mi
13990 Nesting Way Unit C Delray Beach, FL	1.0	2.0	1092	$2,300	$2.11	24d	1	0.75mi
15072 Ashland Pl #132 Delray Beach, FL	2.0	2.0	1100	$2,100	$1.91	20d	1	0.78mi
15235 Lakes of Delray Blvd #299 Delray Beach, FL	2.0	2.0	900	$1,975	$2.19	19d	1	0.78mi
15109 Ashland Dr #323 Delray Beach, FL	2.0	2.0	998	$3,500	$3.51	24d	1	0.79mi
5061 Nesting Way Unit D Delray Beach, FL	2.0	2.0	1255	$2,400	$1.91	24d	1	0.81mi
15108 Ashland Dr #215 Delray Beach, FL	2.0	2.0	900	$2,000	$2.22	24d	1	0.82mi
6234 Pointe Regal Cir Delray Beach, FL	2.0	2.0	1217	$3,899	$3.20	24d	1	0.85mi
4477 NW 3rd Dr Delray Beach, FL	2.0	1.5	1109	$2,550	$2.30	24d	1	0.87mi
14608 Country Side Ln Delray Beach, FL	2.0	2.0	1303	$2,950	$2.26	24d	1	0.87mi
13682 Via Flora Unit H Delray Beach, FL	2.0	2.0	1097	$1,900	$1.73	24d	1	0.87mi
13916 Via Flora Unit F Delray Beach, FL	2.0	2.0	989	$3,000	$3.03	24d	1	0.88mi
13886 Via Flora Unit A Delray Beach, FL	2.0	2.0	1097	$2,075	$1.89	24d	1	0.90mi
4510 NW 2nd St Unit A Delray Beach, FL	2.0	2.0	1080	$1,800	$1.67	24d	1	0.91mi

HOA detail condo

• Monthly dues: $505 · $6,060/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 29 events

1. 2026-06-18
   days on market $180,000 Active 72 DOM
2. 2026-06-17
   days on market $180,000 Active 71 DOM
3. 2026-06-16
   days on market $180,000 Active 70 DOM
4. 2026-06-15
   days on market $180,000 Active 69 DOM
5. 2026-06-13
   days on market $180,000 Active 67 DOM
6. 2026-06-09
   days on market $180,000 Active 63 DOM
7. 2026-06-08
   days on market $180,000 Active 62 DOM
8. 2026-06-07
   days on market $180,000 Active 61 DOM
9. 2026-06-04
   days on market $180,000 Active 58 DOM
10. 2026-06-03
    days on market $180,000 Active 57 DOM
11. 2026-06-02
    days on market $180,000 Active 56 DOM
12. 2026-06-01
    days on market $180,000 Active 55 DOM
13. 2026-05-31
    days on market $180,000 Active 54 DOM
14. 2026-04-07
    listed $180,000 Active
15. 2021-05-07
    soldstatus $120,000
16. 2021-04-30
    soldstatus $120,000 Closed 228-char remark

    Show marketing remark (228 chars)

    Lovely bright and well kept condo is desirable Delray Beach. Priced to sell quickly. Tiled throughout except main bedroom. Florida room under air. Minutes from the famous downtown Atlantic Ave and the gorgeous beaches of Delray.

17. 2021-03-30
    status Pending 228-char remark

    Show marketing remark (228 chars)

    Lovely bright and well kept condo is desirable Delray Beach. Priced to sell quickly. Tiled throughout except main bedroom. Florida room under air. Minutes from the famous downtown Atlantic Ave and the gorgeous beaches of Delray.

18. 2021-03-22
    historical Contingent 228-char remark

    Show marketing remark (228 chars)

    Lovely bright and well kept condo is desirable Delray Beach. Priced to sell quickly. Tiled throughout except main bedroom. Florida room under air. Minutes from the famous downtown Atlantic Ave and the gorgeous beaches of Delray.

19. 2021-03-18
    listed $133,000 Active 228-char remark

    Show marketing remark (228 chars)

    Lovely bright and well kept condo is desirable Delray Beach. Priced to sell quickly. Tiled throughout except main bedroom. Florida room under air. Minutes from the famous downtown Atlantic Ave and the gorgeous beaches of Delray.

20. 2011-06-22
    soldstatus $59,000
21. 2011-06-20
    soldstatus $59,000 433-char remark

    Show marketing remark (433 chars)

    MOVE RIGHT IN! Updated, 2/2 with bonus area off living room. Extremely clean and well maintained unit in central Delray Beach. Owners are willing to leave all main furnishings which are in ''almost new'' condition. Convenient location to shopping, transportation, medical facilites and I95/FLA Turnpike. Community offers beautiful pool area, shuffle board, tennis and clubhouse. Social neighbors with lots to do. Bring offers today!!

22. 2011-05-18
    historical 433-char remark

    Show marketing remark (433 chars)

    MOVE RIGHT IN! Updated, 2/2 with bonus area off living room. Extremely clean and well maintained unit in central Delray Beach. Owners are willing to leave all main furnishings which are in ''almost new'' condition. Convenient location to shopping, transportation, medical facilites and I95/FLA Turnpike. Community offers beautiful pool area, shuffle board, tennis and clubhouse. Social neighbors with lots to do. Bring offers today!!

23. 2011-04-15
    listed $59,999 433-char remark

    Show marketing remark (433 chars)

    MOVE RIGHT IN! Updated, 2/2 with bonus area off living room. Extremely clean and well maintained unit in central Delray Beach. Owners are willing to leave all main furnishings which are in ''almost new'' condition. Convenient location to shopping, transportation, medical facilites and I95/FLA Turnpike. Community offers beautiful pool area, shuffle board, tennis and clubhouse. Social neighbors with lots to do. Bring offers today!!

24. 2002-10-17
    soldstatus $62,000
25. 2002-10-03
    soldstatus $62,000
26. 2002-09-05
    historical
27. 2002-09-03
    listed $62,500
28. 1998-04-07
    soldstatus $50,000
29. 1990-10-02
    soldstatus $51,000

ⓘ 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: $2,161 · $180/mo
• Projected year-2 tax: $2,161 · $180/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 ≥106°F today · 26 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $29,499
• − Mortgage interest: −$10,083
• − Property taxes: −$2,161
• − Insurance: −$900
• − Repairs & maintenance: −$2,360
• − Management: −$2,360
• − HOA: −$6,060
• − Depreciation: −$5,236
• Taxable income: $340
• Est. tax owed @ 24.0%: −$82
• After-tax cash flow: $2,775/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 — Delray Beach

• Score: 77/100
• State rank: #202
• US rank: #3160

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Palm Beach County · 1,438,312 people
• City population: 123,167
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 26,208
• Household income: $62,151
• Rent vs Own: 19.0% rent · 81.0% own
• Severe rent burden: 991.0

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 (74%)
• Race & ethnicity: White 74% Hispanic / Latino 14% Two or more races 10% Black 5% Asian 2%
• Hispanic origin (detail): Puerto Rican 2% Cuban 2%
• Common ancestry: Scotch-Irish 7% Romanian 6% Italian 2%
• Foreign-born: 23% · Canada, Jamaica, China
• Languages at home: 76% English-only · Spanish 13% Russian/Polish/Slavic 3% French/Haitian/Cajun 3%

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: ▼ -232.73%
• Current HPI: 254.5016
• Rent YoY: ▲ 4.28%
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+252.9% since first listed

16 events — show timeline

• 2026-04-07 Listed $180,000 Beaches MLS
• 2021-05-07 Sold (Public Records) $120,000 Public Records
• 2021-04-30 Sold (MLS) $120,000 Beaches MLS
• 2021-03-30 Pending — Beaches MLS
• 2021-03-22 Contingent — Beaches MLS
• 2021-03-18 Listed $133,000 Beaches MLS
• 2011-06-22 Sold (Public Records) $59,000 Public Records
• 2011-06-20 Sold (MLS) $59,000 Beaches MLS
• 2011-05-18 Listing Removed — Beaches MLS
• 2011-04-15 Listed $59,999 Beaches MLS
• 2002-10-17 Sold (Public Records) $62,000 Public Records
• 2002-10-03 Sold (MLS) $62,000 Beaches MLS
• 2002-09-05 Listing Removed — Beaches MLS
• 2002-09-03 Listed $62,500 Beaches MLS
• 1998-04-07 Sold (Public Records) $50,000 Public Records
• 1990-10-02 Sold (Public Records) $51,000 Public Records

Property tax history

+12.5%/yr

Latest (2025): $2,161 · -13.0% YoY. Source: county tax records.