2204 Lake Osborne Dr #5 · Lake Worth Beach, FL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 10/10 · Severe
- Hot days now (above 105°F)
- 7 days/yr
- Hot days in 30 yrs
- 26 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B- grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +28.7/30.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- ARV discount +7.5/15.0
- Schools +4.3/10.0
- Livability +2.5/5.0
- Condition / age +2.5/5.0
- Rent growth +1.9/5.0
- Appreciation +0.0/10.0
$99,999
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
**PROPERTY IS BEING SOLD ''AS-IS'' AND IS SUBJECT TO HUD GUIDELINE 24 CFR 206.125** GREAT LOCATION AND CLOSE TO MILES OF LAKESIDE WALKING PATHS. GROUND FLOOR UNIT WITH CLOSE PARKING OUT FRONT. WINDOWS HAVE SHUTTERS FOR EASY STORM PREP OR PERFECT FOR THE SEASONAL RESIDENT. UNIT HAS A LIVING/DINING AREA SHARED. KITCHEN INCLUDES ALL APPLIANCES. BEDROOM FEATURES PLENTY OF STORAGE AND A SLIDING GLASS DOOR TO THE COVERED/ENCLOSED PATIO. UNIT IS ORIGINAL CONDITION AND REQUIRES YOUR PERSONAL TOUCH. FRIENDLY COMMUNITY AND THE UNIT IS JUST STEPS FROM THE POOL.
Key facts
- Clubhouse and pool
- Sunny porch
- Updated kitchen
Tags
Property features AI
Finance
- Other: Senior community; Pets not allowed
- HOA & community: Has association; Monthly HOA includes insurance, trash, and common areas; Clubhouse and pool on site; Monthly HOA fee
Exterior
- Parking: Assigned parking space; 1 open parking space
- Utilities: Public water; Three-phase electric; Water service available
- Home design: Condominium; 2-story building; Northeast facing
- Construction: CBS construction; Flat roof
- Exterior features: Porch; Waterfront
Interior
- Kitchen: Electric range; Microwave; Refrigerator
- Bedrooms: 1 bedroom on main level
- Bathrooms: 1 full bathroom
- Heating & cooling: Heating present (other type); Wall/window cooling unit(s)
- Interior features: Furnished; Electric range; Microwave; Refrigerator
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/1.0-bath condo listed at $100k.
Deal economics
- At list price, monthly cash flow is $333 ($4k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $100k).
- Recommended offer: $88k (12.0% below list) — sets the bar for market timing.
Location & tenants
- Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
- 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: Barton Elementary School (math 25% / reading 20%, grade F, #2,073 of 2,144 statewide, top 97%, 1,064 students, 80% FRL); Lake Worth Community Middle (math 17% / reading 23%, grade F, #558 of 571 statewide, top 98%, 1,249 students, 75% FRL); Lake Worth High School (math 16% / reading 27%, grade F, #546 of 667 statewide, top 82%, 2,683 students, 71% FRL) — zoned schools average 75% FRL vs 52% district-wide (23 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Zoned-school proficiency averages 21% at this address vs 50% district-wide (-28 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 soft (-2.5%/yr); 274 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 23d 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).
- This rent runs 32% of the median local income ($62k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $691 of loan paydown is wiped out by about $3k 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 178 days — a 12% lower offer ($88k) is reasonable based on typical stale-listing flexibility.
- 5 sale attempts since 25y ago; this cycle's ask has dropped $20k (17%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $29k; list at $100k implies a 245% 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→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 178 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1966 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.63% ✓
- Cap rate
- 10.29%
- Cash-on-cash
- 14.29%
- DSCR
- 1.64
- GRM
- 5.1
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 0.0% rent growth · sell at horizon
- IRR
- 0.4%
- Equity multiple
- 1.02×
- Total profit
- $441
- Equity at exit
- $14,910
- IRR
- 5.8%
- Equity multiple
- 1.36×
- Total profit
- $10,037
- Equity at exit
- $8,646
Cash invested: $28,000 (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
ZIP-level market 33461
- Rents YoY
- -2.5%
- Active inventory
- 274
- Price-to-rent
- 5.1×
Monthly cashflow live
- Estimated rent
- $1,628 high interval (Pro) →
- Mortgage (P&I)
- −$524
- Tax from tax record
- −$150 /mo · $1,796/yr
- Insurance
- −$42
- HOA
- −$237
- Vacancy / Maint / Mgmt
- −$342
- Net cashflow
- $333
Break-even live
Sensitivity live
| Price | -10% $390 | -5% $362 | +0% $333 | +5% $305 | +10% $277 |
|---|---|---|---|---|---|
| Rent | -10% $205 | -5% $269 | +0% $333 | +5% $398 | +10% $462 |
| Rate | -1.0pp $384 | -0.5pp $359 | base $333 | +0.5pp $307 | +1.0pp $281 |
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
- $25,000
- Closing costs
- $3,000
- 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 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 136 Akron St Apt B2 Lake Worth Beach, FL | 1.0 | 1.0 | 599 | $2,175 | $3.63 | 25d | 1 | 0.39mi |
| 136 Akron St Unit A1 Lake Worth Beach, FL | 1.0 | 1.0 | 599 | $2,075 | $3.46 | 25d | 1 | 0.39mi |
| 2840 Cynthia Ln #203 Lake Worth, FL | 1.0 | 1.0 | 720 | $1,190 | $1.65 | 0d | 1 | 0.41mi |
| 3362 Cynthia Ln Lake Worth Beach, FL | 1.0 | 1.0 | 612 | $2,388 | $3.90 | 22d | 2 | 0.42mi |
| 3362 Cynthia Ln #107 Lake Worth, FL | 1.0 | 1.0 | 612 | $3,500 | $5.72 | 0d | 1 | 0.42mi |
| 123 Erie St Apt 10 Lake Worth, FL | 1.0 | 1.0 | 600 | $1,325 | $2.21 | 25d | 1 | 0.42mi |
| 2920 Cynthia Ln #203 Lake Worth, FL | 1.0 | 1.0 | 734 | $1,400 | $1.91 | 17d | 1 | 0.43mi |
| 2920 Cynthia Ln #203 Lake Worth, FL | 1.0 | 1.0 | 734 | $1,350 | $1.84 | 2d | 1 | 0.43mi |
| 3322 Cynthia Ln #207 Lake Worth, FL | 1.0 | 1.0 | 612 | $1,400 | $2.29 | 2d | 1 | 0.43mi |
| 2880 Lake Osborne Dr #209 Lake Worth Beach, FL | 1.0 | 1.0 | 612 | $1,150 | $1.88 | 8d | 1 | 0.45mi |
| 2880 Lake Osborne Dr #209 Lake Worth Beach, FL | 1.0 | 1.0 | 612 | $1,299 | $2.12 | 17d | 1 | 0.45mi |
| 2220 Lake Worth Rd Lake Worth, FL | 1.0 | 1.0 | 700 | $1,779 | $2.54 | 22d | 1 | 0.48mi |
| 2960 Lake Osborne Dr #209 Lake Worth Beach, FL | 1.0 | 1.0 | 612 | $1,395 | $2.28 | 14d | 1 | 0.48mi |
| 2960 Lake Osborne Dr Lake Worth Beach, FL | 1.0 | 1.0 | 612 | $1,342 | $2.19 | 25d | 2 | 0.49mi |
| 3000 Lake Osborne Dr #107 Lake Worth Beach, FL | 1.0 | 1.0 | 612 | $1,350 | $2.21 | 25d | 1 | 0.51mi |
| 611 S Pine St Unit B Lake Worth Beach, FL | 2.0 | 1.0 | 500 | $1,650 | $3.30 | 22d | 1 | 0.52mi |
| 2571 Lake Worth Rd Lake Worth, FL | 1.0–2.0 | 1.0–2.0 | 750 | $1,378 | $1.84 | 2d | 2 | 0.67mi |
| 717 S B St Unit 715 Lake Worth Beach, FL | 2.0 | 1.0 | 561 | $2,295 | $4.09 | 25d | 1 | 0.69mi |
| 606 S C St #103 Lake Worth Beach, FL | 1.0 | 1.0 | 608 | $1,500 | $2.47 | 16d | 1 | 0.75mi |
| 517 S F St Unit 1 Lake Worth Beach, FL | 1.0 | 1.0 | 700 | $1,750 | $2.50 | 11d | 1 | 0.88mi |
| 1307 Lucerne Ave Unit 1 Lake Worth Beach, FL | 1.0 | 1.0 | 528 | $1,400 | $2.65 | 25d | 1 | 0.91mi |
| 1307 Lucerne Ave Unit 1 Lake Worth Beach, FL | 1.0 | 1.0 | 528 | $1,325 | $2.51 | 6d | 1 | 0.91mi |
| 1029 S D St Apt 2 Lake Worth Beach, FL | 1.0 | 1.0 | 560 | $1,675 | $2.99 | 25d | 1 | 0.93mi |
| 1029 S D St Lake Worth Beach, FL | 1.0 | 1.0 | 550 | $1,715 | $3.12 | 25d | 1 | 0.94mi |
| 4611 S Congress Ave Palm Springs, FL | 1.0 | 1.0 | 601 | $1,399 | $2.33 | 4d | 6 | 0.96mi |
| 223 N E St Unit 4 Lake Worth Beach, FL | 1.0 | 1.0 | 650 | $1,695 | $2.61 | 25d | 1 | 1.00mi |
| 318 N E St Lake Worth Beach, FL | — | 1.0 | 584 | $1,800 | $3.08 | 14d | 1 | 1.06mi |
| 3017 Buckley Ave Lake Worth, FL | 2.0 | 1.0 | 720 | $2,200 | $3.06 | 25d | 1 | 1.06mi |
| 413 N E St Lake Worth Beach, FL | 2.0 | 1.0 | 646 | $2,000 | $3.10 | 25d | 1 | 1.09mi |
| 417 N E St Unit 39 Lake Worth Beach, FL | 1.0 | 1.0 | 700 | $1,550 | $2.21 | 25d | 1 | 1.09mi |
| 417 N E St Unit 36 Lake Worth Beach, FL | 1.0 | 1.0 | 650 | $1,550 | $2.38 | 12d | 1 | 1.09mi |
| 3300 Boutwell Rd Lake Worth Beach, FL | 1.0–2.0 | 1.0–2.0 | 765 | $1,870 | $2.44 | 25d | 1 | 1.09mi |
| 201 S J St Lake Worth, FL | 1.0–2.0 | 1.0 | 570 | $1,450 | $2.54 | 19d | 2 | 1.14mi |
| 201 S J St #6 Lake Worth Beach, FL | 2.0 | 1.0 | 680 | $1,950 | $2.87 | 16d | 1 | 1.14mi |
| 35 S J St Lake Worth Beach, FL | 1.0 | 1.0 | 500 | $2,095 | $4.19 | 25d | 1 | 1.17mi |
| 717 2nd Ave S Unit 5 Lake Worth Beach, FL | 1.0 | 1.0 | 550 | $1,995 | $3.63 | 25d | 1 | 1.17mi |
| 715 2nd Ave S Unit 1 Lake Worth Beach, FL | 1.0 | 1.0 | 550 | $1,995 | $3.63 | 25d | 1 | 1.18mi |
| 715 2nd Ave S Unit 3 Lake Worth Beach, FL | 1.0 | 1.0 | 550 | $1,995 | $3.63 | 15d | 1 | 1.18mi |
| 317 N H St Unit B Lake Worth Beach, FL | 1.0 | 1.0 | 420 | $1,200 | $2.86 | 25d | 1 | 1.19mi |
| 30 S J St #14 Lake Worth Beach, FL | 1.0 | 1.0 | 620 | $1,500 | $2.42 | 25d | 1 | 1.20mi |
HOA detail condo
- Monthly dues
- $237 · $2,844/yr
- Likely covers
- pool
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 30 events
-
2026-06-18days on market $99,999 Active 178 DOM
-
2026-06-17days on market $99,999 Active 177 DOM
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2026-06-16days on market $99,999 Active 176 DOM
-
2026-06-15days on market $99,999 Active 175 DOM
-
2026-06-13days on market $99,999 Active 173 DOM
-
2026-06-09days on market $99,999 Active 169 DOM
-
2026-06-07days on market $99,999 Active 167 DOM
-
2026-06-04days on market $99,999 Active 164 DOM
-
2026-06-03days on market $99,999 Active 163 DOM
-
2026-06-01days on market $99,999 Active 161 DOM
-
2026-05-31days on market $99,999 Active 160 DOM
-
2026-05-05price $99,999
-
2026-03-08price $100,000
-
2026-02-26price $104,000
-
2026-02-17price $108,000
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2026-02-04price $109,000
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2026-02-04status Active
-
2026-01-28historical Active Under Contract
-
2025-12-22$120,000 Active
-
2014-12-16soldstatus $29,000 Closed 556-char remark
Show marketing remark (556 chars)
**PROPERTY IS BEING SOLD ''AS-IS'' AND IS SUBJECT TO HUD GUIDELINE 24 CFR 206.125** GREAT LOCATION AND CLOSE TO MILES OF LAKESIDE WALKING PATHS. GROUND FLOOR UNIT WITH CLOSE PARKING OUT FRONT. WINDOWS HAVE SHUTTERS FOR EASY STORM PREP OR PERFECT FOR THE SEASONAL RESIDENT. UNIT HAS A LIVING/DINING AREA SHARED. KITCHEN INCLUDES ALL APPLIANCES. BEDROOM FEATURES PLENTY OF STORAGE AND A SLIDING GLASS DOOR TO THE COVERED/ENCLOSED PATIO. UNIT IS ORIGINAL CONDITION AND REQUIRES YOUR PERSONAL TOUCH. FRIENDLY COMMUNITY AND THE UNIT IS JUST STEPS FROM THE POOL.
-
2014-08-23status Pending 556-char remark
Show marketing remark (556 chars)
**PROPERTY IS BEING SOLD ''AS-IS'' AND IS SUBJECT TO HUD GUIDELINE 24 CFR 206.125** GREAT LOCATION AND CLOSE TO MILES OF LAKESIDE WALKING PATHS. GROUND FLOOR UNIT WITH CLOSE PARKING OUT FRONT. WINDOWS HAVE SHUTTERS FOR EASY STORM PREP OR PERFECT FOR THE SEASONAL RESIDENT. UNIT HAS A LIVING/DINING AREA SHARED. KITCHEN INCLUDES ALL APPLIANCES. BEDROOM FEATURES PLENTY OF STORAGE AND A SLIDING GLASS DOOR TO THE COVERED/ENCLOSED PATIO. UNIT IS ORIGINAL CONDITION AND REQUIRES YOUR PERSONAL TOUCH. FRIENDLY COMMUNITY AND THE UNIT IS JUST STEPS FROM THE POOL.
-
2014-08-15status Active 556-char remark
Show marketing remark (556 chars)
**PROPERTY IS BEING SOLD ''AS-IS'' AND IS SUBJECT TO HUD GUIDELINE 24 CFR 206.125** GREAT LOCATION AND CLOSE TO MILES OF LAKESIDE WALKING PATHS. GROUND FLOOR UNIT WITH CLOSE PARKING OUT FRONT. WINDOWS HAVE SHUTTERS FOR EASY STORM PREP OR PERFECT FOR THE SEASONAL RESIDENT. UNIT HAS A LIVING/DINING AREA SHARED. KITCHEN INCLUDES ALL APPLIANCES. BEDROOM FEATURES PLENTY OF STORAGE AND A SLIDING GLASS DOOR TO THE COVERED/ENCLOSED PATIO. UNIT IS ORIGINAL CONDITION AND REQUIRES YOUR PERSONAL TOUCH. FRIENDLY COMMUNITY AND THE UNIT IS JUST STEPS FROM THE POOL.
-
2014-08-15historical 556-char remark
Show marketing remark (556 chars)
**PROPERTY IS BEING SOLD ''AS-IS'' AND IS SUBJECT TO HUD GUIDELINE 24 CFR 206.125** GREAT LOCATION AND CLOSE TO MILES OF LAKESIDE WALKING PATHS. GROUND FLOOR UNIT WITH CLOSE PARKING OUT FRONT. WINDOWS HAVE SHUTTERS FOR EASY STORM PREP OR PERFECT FOR THE SEASONAL RESIDENT. UNIT HAS A LIVING/DINING AREA SHARED. KITCHEN INCLUDES ALL APPLIANCES. BEDROOM FEATURES PLENTY OF STORAGE AND A SLIDING GLASS DOOR TO THE COVERED/ENCLOSED PATIO. UNIT IS ORIGINAL CONDITION AND REQUIRES YOUR PERSONAL TOUCH. FRIENDLY COMMUNITY AND THE UNIT IS JUST STEPS FROM THE POOL.
-
2014-05-15$29,000 Active 556-char remark
Show marketing remark (556 chars)
**PROPERTY IS BEING SOLD ''AS-IS'' AND IS SUBJECT TO HUD GUIDELINE 24 CFR 206.125** GREAT LOCATION AND CLOSE TO MILES OF LAKESIDE WALKING PATHS. GROUND FLOOR UNIT WITH CLOSE PARKING OUT FRONT. WINDOWS HAVE SHUTTERS FOR EASY STORM PREP OR PERFECT FOR THE SEASONAL RESIDENT. UNIT HAS A LIVING/DINING AREA SHARED. KITCHEN INCLUDES ALL APPLIANCES. BEDROOM FEATURES PLENTY OF STORAGE AND A SLIDING GLASS DOOR TO THE COVERED/ENCLOSED PATIO. UNIT IS ORIGINAL CONDITION AND REQUIRES YOUR PERSONAL TOUCH. FRIENDLY COMMUNITY AND THE UNIT IS JUST STEPS FROM THE POOL.
-
2002-01-29soldstatus $26,500
-
2002-01-28soldstatus $26,500 95-char remark
Show marketing remark (95 chars)
NICE APARTMENT WITH ENCLOSED PORCH. FURNISHINGS WILL STAY. NEAR LAKE.LOW MAINT FEE. VERY CLEAN.
-
2001-12-31historical 95-char remark
Show marketing remark (95 chars)
NICE APARTMENT WITH ENCLOSED PORCH. FURNISHINGS WILL STAY. NEAR LAKE.LOW MAINT FEE. VERY CLEAN.
-
2001-09-14$28,900 95-char remark
Show marketing remark (95 chars)
NICE APARTMENT WITH ENCLOSED PORCH. FURNISHINGS WILL STAY. NEAR LAKE.LOW MAINT FEE. VERY CLEAN.
-
1994-04-07soldstatus $26,900
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1982-11-01soldstatus $34,300
ⓘ 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
- $1,796 · $150/mo
- Projected year-2 tax
- $1,796 · $150/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 · 26 d/yr by 30 yrs out
- Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 0 unhealthy d/yr today · 2 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $19,536
- − Mortgage interest
- −$5,601
- − Property taxes
- −$1,796
- − Insurance
- −$500
- − Repairs & maintenance
- −$1,563
- − Management
- −$1,563
- − HOA
- −$2,844
- − Depreciation
- −$2,909
- Taxable income
- $2,759
- Est. tax owed @ 24.0%
- −$662
- After-tax cash flow
- $3,338/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 — Lake Worth Beach
No livability data for this city. (Only ~50 U.S. cities are tracked.)
Census & demographics
- Census place
- Lake Worth Beach, FL
- County
- Palm Beach County · 1,438,312 people
- City population
- 129,577
- Metro
- Miami-Fort Lauderdale-Pompano Beach, FL
- Population (ZIP)
- 49,443
- Household income
- $61,963
- Rent vs Own
- Severe rent burden
- 2663.0
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 0.59)
- Race & ethnicity
- Hispanic / Latino 59% Two or more races 26% White 20% Black 17% Asian 2%
- Hispanic origin (detail)
- Mexican 11% Puerto Rican 6% Cuban 16% Dominican 2%
- Common ancestry
- Hispanic 9% Romanian 1% Lithuanian 1%
- Foreign-born
- 52% · Canada, Jamaica
- Languages at home
- 31% English-only · Spanish 54% French/Haitian/Cajun 10% 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
- ▼ -269.03%
- Current HPI
- 493.0041
- Rent YoY
- ▼ -2.47%
- 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 |
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| Technology Distribution | 1 | $58B |
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| Homebuilding | 1 | $35B |
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| Technology Manufacturing | 1 | $35B |
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Price history
+191.5% since first listed19 events — show timeline
- 2026-05-05 Price Changed $99,999 Beaches MLS
- 2026-03-08 Price Changed $100,000 Beaches MLS
- 2026-02-26 Price Changed $104,000 Beaches MLS
- 2026-02-17 Price Changed $108,000 Beaches MLS
- 2026-02-04 Price Changed $109,000 Beaches MLS
- 2026-02-04 Relisted — Beaches MLS
- 2026-01-28 Contingent — Beaches MLS
- 2025-12-22 Listed $120,000 Beaches MLS
- 2014-12-16 Sold (MLS) $29,000 Beaches MLS
- 2014-08-23 Pending — Beaches MLS
- 2014-08-15 Relisted — Beaches MLS
- 2014-08-15 Listing Removed — Beaches MLS
- 2014-05-15 Listed $29,000 Beaches MLS
- 2002-01-29 Sold (Public Records) $26,500 Public Records
- 2002-01-28 Sold (MLS) $26,500 Beaches MLS
- 2001-12-31 Listing Removed — Beaches MLS
- 2001-09-14 Listed $28,900 Beaches MLS
- 1994-04-07 Sold (Public Records) $26,900 Public Records
- 1982-11-01 Sold (Public Records) $34,300 Public Records
Property tax history
+5.6%/yrLatest (2025): $1,796 · +4.2% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…