527 50th St · West Palm Beach, FL 33407

$434,900

2 bd · 2.0 ba · 994 sqft · SingleFamily public records · 10 Days on market

Built 1924 6,019 sqft lot

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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 +14.0/30.0
• ARV discount +7.5/15.0
• DSCR +4.3/10.0
• Schools +4.3/10.0
• Livability +4.1/5.0
• 1% rule +3.4/10.0
• Rent growth +3.3/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 527 50th St! This two bedroom, two bathroom charming bungalow has recently had a full renovation and is situated on a spacious lot with an over-sized outdoor patio space. Upon entering, you'll find a formal sitting foyer along with vaulted ceilings accentuating a spacious flow to the living space. More great features and upgrades of this home include but are not limited to: new impact glass windows, new electrical, new roof, new plumbing, all new bathrooms, new kitchen with subzero refrigerator, walk-in laundry room, walk-in master closet, ensuite master and upgraded herringbone wood-tile flooring. This home is perfect for an end user or vacation rental!

Key facts

• 6,019 sq ft lot
• 3 parking spots
• Built 1924

Property features AI

Finance

• Other: Pets allowed with no restrictions

Exterior

• Parking: Driveway with paver block; 3 total parking spaces
• Security: Smoke detectors; Security system
• Utilities: Public water; Public sewer; Electricity connected; Cable available; Phone available; Sewer available; Water available
• Home design: Single family residence; One story; Resale property; Faces south
• Construction: Frame construction; Composition/shingle roof; Built on a foundation (public records)
• Exterior features: Open patio; Patio; Full yard fencing; Shed(s); City street frontage

Interior

• Kitchen: Disposal; Dishwasher; Electric range; Microwave; Refrigerator
• Bedrooms: 2 bedrooms on the main level
• Flooring: Ceramic tile
• Bathrooms: 2 full bathrooms on the main level
• Heating & cooling: Central heating; Central air; Ceiling fans
• Interior features: Vaulted ceilings; Walk-in closets; Wood-burning fireplace; Energy Star qualified windows; Storm windows; Unfurnished
• Laundry & utility: Washer hookup inside; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $435k.

Deal economics

• At list price, monthly cash flow is $59 ($705/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 $363k (16.5% below list).
• Recommended offer: $363k (16.5% below list) — sets the bar for 1% rule.
• Cap rate 6.5% vs local median 3.8% in West Palm 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 82/100 on livability (#75 in FL, #1,255 nationally) — a professional / high-income tenant draw. Strengths: commute A+, housing A+, health & safety A+; Watch: employment C-, crime 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: Northmore Elementary School (math 34% / reading 29%, grade F, #1,841 of 2,144 statewide, top 86%, 628 students, 73% FRL); John F. Kennedy Middle School (math 28% / reading 29%, grade F, #482 of 571 statewide, top 85%, 826 students, 78% FRL); Palm Beach Lakes High School (math 17% / reading 26%, grade F, #546 of 667 statewide, top 82%, 2,688 students, 70% FRL) — zoned schools average 74% FRL vs 52% district-wide (22 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 27% at this address vs 50% district-wide (-22 pts) — the specific schools serving this property underperform the Palm Beach average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising (+3.1%/yr); 305 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $13k 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

• Only 10 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 6y 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 $279k; list at $435k implies a 56% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1924 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $363,169 (16.5% below list)

Questions for the listing agent

1. Built in 1924 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Crime grade is F 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?
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: 0.84% ✗
• Cap rate: 6.45%
• Cash-on-cash: 0.58%
• DSCR: 1.03
• GRM: 10.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.08% rent growth · sell at horizon

5-year hold

• IRR: -15.3%
• Equity multiple: 0.45×
• Total profit: $-66,506
• Equity at exit: $64,845

10-year hold

• IRR: -6.7%
• Equity multiple: 0.57×
• Total profit: $-52,159
• Equity at exit: $37,602

Cash invested: $121,772 (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 33407

• Rents YoY: 3.1%
• Active inventory: 305
• Price-to-rent: 10.0×

Monthly cashflow live

• Estimated rent: $3,632 high
• Mortgage (P&I): −$2,281
• Tax from tax record: −$348 /mo · $4,181/yr
• Insurance: −$181
• HOA: −$0
• Vacancy / Maint / Mgmt: −$763
• Net cashflow: $59

Break-even live

Break-even rent $3,557

Max offer price $434,900

Occupancy floor 93%

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: $108,725
• Closing costs: $13,047
• Reserves months: —
• Total cash needed: —

Rent comps 14 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
436 51st St West Palm Beach, FL	2.0	1.0	968	$3,750	$3.87	24d	1	0.07mi
4444 N Flagler Dr West Palm Beach, FL	1.0	1.0	765	$4,613	$6.03	3d	1	0.40mi
4444 N Flagler Dr West Palm Beach, FL	1.0	1.0	765	$5,263	$6.88	16d	1	0.40mi
4444 N Flagler Dr Unit 4334-2008 West Palm Beach, FL	1.0	1.0	885	$4,150	$4.69	24d	1	0.41mi
4444 N Flagler Dr Unit 4444-306 West Palm Beach, FL	1.0	1.0	925	$3,395	$3.67	24d	1	0.41mi
401 42nd St West Palm Beach, FL	3.0	1.0	1100	$4,950	$4.50	24d	1	0.45mi
522 W 2nd St Riviera Beach, FL	3.0	1.0	900	$2,895	$3.22	24d	1	0.67mi
3940 N Flagler Dr #206 West Palm Beach, FL	1.0	1.0	1078	$3,950	$3.66	4d	1	0.70mi
3940 N Flagler Dr #206 West Palm Beach, FL	1.0	1.0	1078	$3,950	$3.66	4d	1	0.70mi
3940 N Flagler Dr #206 West Palm Beach, FL	1.0	1.0	1078	$4,950	$4.59	24d	1	0.70mi
415 32nd St Unit 1 West Palm Beach, FL	1.0	1.0	700	$3,600	$5.14	24d	1	0.99mi
932 31st St West Palm Beach, FL	3.0	2.0	850	$3,000	$3.53	24d	1	1.13mi
933 30th Ct West Palm Beach, FL	3.0	1.5	1085	$3,100	$2.86	24d	1	1.15mi
2585 Spruce Ave West Palm Beach, FL	1.0–2.0	1.0–2.0	841	$3,225	$3.83	1d	122	1.46mi

Listing history 13 events

1. 2026-04-17
   status Pending
2. 2026-04-07
   listed $434,900 Active
3. 2020-12-11
   soldstatus $279,000
4. 2020-11-30
   soldstatus $279,000 673-char remark

   Show marketing remark (672 chars)

   Welcome to 527 50th St! This two bedroom, two bathroom charming bungalow has recently had a full renovation and is situated on a spacious lot with an oversized outdoor patio space. Upon entering, you'll find a formal sitting foyer along with vaulted ceilings accentuating a spacious flow to the living space. More great features and upgrades of this home include but are not limited to: new impact glass windows, new electrical, new roof, new plumbing, all new bathrooms, new kitchen with subzero refrigerator, walk-in laundry room, walk-in master closet, ensuite master and upgraded herringbone wood-tile flooring. This home is perfect for an end user or vacation rental!

5. 2020-11-30
   soldstatus $279,000 Closed 672-char remark

   Show marketing remark (672 chars)

   Welcome to 527 50th St! This two bedroom, two bathroom charming bungalow has recently had a full renovation and is situated on a spacious lot with an oversized outdoor patio space. Upon entering, you'll find a formal sitting foyer along with vaulted ceilings accentuating a spacious flow to the living space. More great features and upgrades of this home include but are not limited to: new impact glass windows, new electrical, new roof, new plumbing, all new bathrooms, new kitchen with subzero refrigerator, walk-in laundry room, walk-in master closet, ensuite master and upgraded herringbone wood-tile flooring. This home is perfect for an end user or vacation rental!

6. 2020-10-19
   historical Contingent 672-char remark

   Show marketing remark (672 chars)

   Welcome to 527 50th St! This two bedroom, two bathroom charming bungalow has recently had a full renovation and is situated on a spacious lot with an oversized outdoor patio space. Upon entering, you'll find a formal sitting foyer along with vaulted ceilings accentuating a spacious flow to the living space. More great features and upgrades of this home include but are not limited to: new impact glass windows, new electrical, new roof, new plumbing, all new bathrooms, new kitchen with subzero refrigerator, walk-in laundry room, walk-in master closet, ensuite master and upgraded herringbone wood-tile flooring. This home is perfect for an end user or vacation rental!

7. 2020-10-07
   listed $279,000 673-char remark

   Show marketing remark (672 chars)

   Welcome to 527 50th St! This two bedroom, two bathroom charming bungalow has recently had a full renovation and is situated on a spacious lot with an oversized outdoor patio space. Upon entering, you'll find a formal sitting foyer along with vaulted ceilings accentuating a spacious flow to the living space. More great features and upgrades of this home include but are not limited to: new impact glass windows, new electrical, new roof, new plumbing, all new bathrooms, new kitchen with subzero refrigerator, walk-in laundry room, walk-in master closet, ensuite master and upgraded herringbone wood-tile flooring. This home is perfect for an end user or vacation rental!

8. 2020-10-07
   listed $279,000 Active 672-char remark

   Show marketing remark (672 chars)

   Welcome to 527 50th St! This two bedroom, two bathroom charming bungalow has recently had a full renovation and is situated on a spacious lot with an oversized outdoor patio space. Upon entering, you'll find a formal sitting foyer along with vaulted ceilings accentuating a spacious flow to the living space. More great features and upgrades of this home include but are not limited to: new impact glass windows, new electrical, new roof, new plumbing, all new bathrooms, new kitchen with subzero refrigerator, walk-in laundry room, walk-in master closet, ensuite master and upgraded herringbone wood-tile flooring. This home is perfect for an end user or vacation rental!

9. 2018-05-25
   soldstatus $105,000
10. 2002-04-08
    soldstatus $55,000
11. 1997-12-12
    soldstatus $46,500
12. 1997-07-16
    soldstatus $24,000
13. 1994-04-22
    soldstatus $7,000

ⓘ 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: $4,181 · $348/mo
• Projected year-2 tax: $4,181 · $348/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 10/10 Extreme 7 d/yr ≥105°F today · 24 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

Taxation est. · year 1

• Rental income: $43,580
• − Mortgage interest: −$24,361
• − Property taxes: −$4,181
• − Insurance: −$2,174
• − Repairs & maintenance: −$3,486
• − Management: −$3,486
• − Depreciation: −$12,652
• Taxable loss: −$6,761
• Est. tax savings @ 24.0%: +$1,623
• After-tax cash flow: $2,327/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 — West Palm Beach

• Score: 82/100
• State rank: #75
• US rank: #1255

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: West Palm Beach, FL
• County: Palm Beach County · 1,438,312 people
• City population: 222,012
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 34,851
• Household income: $59,993
• Rent vs Own: 49.0% rent · 51.0% own
• Severe rent burden: 2157.0

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 0.62)
• Race & ethnicity: Black 54% White 21% Hispanic / Latino 20% Two or more races 13% Asian 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 2% Cuban 2%
• Common ancestry: Hispanic 8% Lithuanian 1% Romanian 1%
• Foreign-born: 26% · Canada, Vietnam, Jamaica
• Languages at home: 72% English-only · Spanish 17% French/Haitian/Cajun 8% Other Indo-European 1%

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: ▼ -299.26%
• Current HPI: 363.3995
• Rent YoY: ▲ 3.08%
• 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

+6112.9% since first listed

13 events — show timeline

• 2026-04-17 Pending — Beaches MLS
• 2026-04-07 Listed $434,900 Beaches MLS
• 2020-12-11 Sold (Public Records) $279,000 Public Records
• 2020-11-30 Sold (MLS) $279,000 Beaches MLS
• 2020-11-30 Sold (MLS) $279,000 PBBOR
• 2020-10-19 Contingent — Beaches MLS
• 2020-10-07 Listed $279,000 Beaches MLS
• 2020-10-07 Listed $279,000 PBBOR
• 2018-05-25 Sold (Public Records) $105,000 Public Records
• 2002-04-08 Sold (Public Records) $55,000 Public Records
• 1997-12-12 Sold (Public Records) $46,500 Public Records
• 1997-07-16 Sold (Public Records) $24,000 Public Records
• 1994-04-22 Sold (Public Records) $7,000 Public Records

Property tax history

+6.5%/yr

Latest (2025): $4,181 · +3.3% YoY. Source: county tax records.