13767 Flora Pl Unit F · Delray Beach, FL 33484

$232,500

2 bd · 2.0 ba · 1,064 sqft · Condo public records · 73 Days on market

Built 1974 $560/mo HOA · 23% 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 +10.9/30.0
• ARV discount +7.5/15.0
• 1% rule +5.6/10.0
• Schools +4.3/10.0
• Livability +3.9/5.0
• Rent growth +3.6/5.0
• DSCR +3.1/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

PARADISE FOUND! Don't miss this opportunity to own this spacious, light & bright 2BR-2BA condo. Updated KIT & BTHs, crown moulding, split-style BR FL plan. Main BR W/ en-suite full BTH & WIC. GREAT BUY, PRICED TO SELL! Palm Greens is a much sought after community, BEST tennis programs in the area. Clubhouse, resort-style pool, hot tub, cafe, billiard, pickleball, exercise, card & game rooms. It gets even better! Plans for an Amazing BRAND NEW state-of-the-art clubhouse, walking trails & so much more! No special assessments or increase in COA due to this! Welcome to CC LIVING W/ O THE PRICE! Approx. 6 mi to the award-winning Downtown area W/ its warm & friendly vibe, gorgeous beaches, art, shopping, restaurants, cafes, art & a great nightlife like no other. COME LIVE & PLAY ALL IN DELRAY! Palm Greens is a 55 and better community. Only 1 occupant required to be 55+. No one under the age of 18 can permanently reside in the unit. The approval process can take as little as 7 days. It's a much sought after community because of its perfect location, proximity to the "award winning" Downtown area and beaches. Amazing plans coming to Palm Greens. Convenient to everything! EZ commute to I-95 and Turnpike. Low monthly maintenance of $365.00 per month includes water, cable with HBO, exterior maintenance, roof maintenance and replacement, exterior pest control and access to the Clubhouse and all amenities. The community is very welcoming and sociable. You will make many friends here. Palm Greens is currently going through a beautiful transformation. The irrigation system is being replaced and soon you will have healthier grass and landscaping. If you visit during the daytime you will see the maintenance workers very busy maintaining the property. The management office is on-site. They are located to the right of the Clubhouse. The workers are very responsive to the communities' needs. The Golf Course is permanently closed and is being developed with beautiful homes starting in the mid $300's - $500's by 13th Floor Developers. The State-of-the-Art Clubhouse is being built where the RV and campers are now located. Where can you purchase at this price and get a Country Club lifestyle without paying $40,000-$150,000 in mandatory membership fees. BUY NOW OR CRY LATER! You can purchase Palm Greens Condo 1 with as little as 5% down which is unheard of with condos! Make sure to ask your mortgage specialist. Plans for the community are. .. New Large Lakes Passive Park Areas Lush Landscaping New Amenity Center, all State-of-the-Art Multiple Resort Pools Fitness/Yoga 3+ Mile Trail Network and SO MUCH MORE!

Key facts

• $560 HOA
• Parking
• Community pool

Property features AI

Finance

• Other: Pets not allowed; No land lease
• HOA & community: Part of Palm Greens association; Monthly association fee of 560; HOA fee includes cable TV, pest control, sewer, water, common areas and recreation facilities; Community amenities include clubhouse, pool, fitness center, billiard room, library, cafe/restaurant, management, manager on site, recreation facilities, basketball court, bocce ball, pickleball courts, trails, and street lights; Senior community

Exterior

• Parking: Assigned parking; Guest parking; 1 parking space
• Utilities: Public water; Public sewer; 220 volts electrical service with circuit breakers; Cable available; Electricity available; Sewer available; Water available
• Home design: Condominium; One level (living on one level); Faces north; Updated / remodeled; 2 total stories in building
• Construction: CBS construction; Composition/shingle roof; Appraiser-sourced building area
• Exterior features: Not waterfront; Road frontage west of US-1

Interior

• Kitchen: Dishwasher; Electric range; Microwave; Refrigerator
• Bedrooms: 2 bedrooms on the main level
• Flooring: Tile
• Bathrooms: 2 full bathrooms on the main level
• Heating & cooling: Central heating; Central air; Ceiling fan(s)
• Interior features: Walk-in closet(s); Storm windows
• Laundry & utility: Inside laundry located in the kitchen; Unfurnished

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $232k.

Deal economics

• At list price, monthly cash flow is $-104 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $214k (7.9% below list).
• Meets the 1% rule at list price ($2k rent vs $232k).
• Recommended offer: $214k (7.9% below list) — sets the bar for cash-flow.
• Cap rate 5.8% 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 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).
• At $2,473/mo this rent would consume 48% 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 $2k of loan paydown is wiped out by about $7k 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 73 days — a 6% lower offer ($219k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 5y ago; this cycle's ask has dropped $18k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $126k; list at $232k implies a 84% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: HOA is 23% 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 $214,136 (7.9% 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. It's been on market 73 days. Have you received any prior offers? Is the seller open to a 8% concession, seller financing, or rate buy-down credit?
3. Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. 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?
6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
8. 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?
9. 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?
10. 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?
11. 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.
12. 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.
13. 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: 1.06% ✓
• Cap rate: 5.76%
• Cash-on-cash: -1.92%
• DSCR: 0.91
• GRM: 7.8

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: -17.5%
• Equity multiple: 0.37×
• Total profit: $-40,756
• Equity at exit: $34,667

10-year hold

• IRR: -6.5%
• Equity multiple: 0.55×
• Total profit: $-29,151
• Equity at exit: $20,102

Cash invested: $65,100 (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: 7.8×

Monthly cashflow live

• Estimated rent: $2,473 high
• Mortgage (P&I): −$1,219
• Tax from tax record: −$182 /mo · $2,179/yr
• Insurance: −$97
• HOA: −$560
• Vacancy / Maint / Mgmt: −$519
• Net cashflow: $-104

Break-even live

Break-even rent $2,605

Max offer price $214,136

Occupancy floor 99%

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: $58,125
• Closing costs: $6,975
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
13653 Jubilee Ln Delray Beach, FL	3.0	2.0	1305	$3,450	$2.64	13d	1	0.12mi
13657 Night Sky Pl Delray Beach, FL	2.0	2.0	1319	$3,200	$2.43	7d	1	0.13mi
5675 Queen Palm Ct Delray Beach, FL	2.0	2.0	1200	$2,600	$2.17	24d	1	0.15mi
5908 Via Delray Blvd Delray Beach, FL	2.0	2.0	1221	$2,000	$1.64	24d	1	0.15mi
5655 Via Delray Delray Beach, FL	2.0	2.0	1205	$2,200	$1.83	24d	1	0.15mi
13741 Flora Pl Unit B Delray Beach, FL	2.0	2.0	989	$2,100	$2.12	21d	1	0.15mi
13731 Flora Pl Unit A Delray Beach, FL	2.0	2.0	1097	$1,850	$1.69	24d	1	0.17mi
13787 Flora Pl Unit A Delray Beach, FL	2.0	2.0	1097	$2,500	$2.28	24d	1	0.21mi
13721 Flora Pl Unit D Delray Beach, FL	2.0	2.0	1097	$1,900	$1.73	5d	1	0.21mi
13721 Flora Pl Unit D Delray Beach, FL	2.0	2.0	1097	$1,850	$1.69	24d	1	0.21mi
13670 Via Flora Delray Beach, FL	2.0	2.0	1021	$1,400	$1.37	24d	1	0.22mi
13670 Via Flora Delray Beach, FL	2.0	2.0	1021	$1,400	$1.37	15d	1	0.22mi
13776 Hero Path Delray Beach, FL	3.0	2.0	1319	$3,400	$2.58	24d	1	0.23mi
13759 Date Palm Ct Unit A Delray Beach, FL	2.0	2.0	1247	$3,500	$2.81	24d	1	0.24mi
13431 Amber Waves Ave Delray Beach, FL	2.0	2.0	1390	$3,500	$2.52	24d	1	0.26mi
13886 Via Flora Unit A Delray Beach, FL	2.0	2.0	1097	$2,075	$1.89	24d	1	0.28mi
5462 Via Delray #123 Delray Beach, FL	2.0	2.0	1200	$2,700	$2.25	20d	1	0.32mi
6038 Lasalle Rd Delray Beach, FL	2.0	2.0	1475	$2,100	$1.42	4d	1	0.33mi
13916 Via Flora Unit F Delray Beach, FL	2.0	2.0	989	$3,000	$3.03	24d	1	0.33mi
13682 Via Flora Unit H Delray Beach, FL	2.0	2.0	1097	$1,900	$1.73	24d	1	0.34mi
13283 Pineapple Palm Ct Unit F Delray Beach, FL	2.0	2.0	1198	$2,100	$1.75	24d	1	0.39mi
13283 Pineapple Palm Ct Unit F Delray Beach, FL	2.0	2.0	1198	$2,100	$1.75	7d	1	0.39mi
13817 Royal Palm Ct Unit B Delray Beach, FL	2.0	2.0	1205	$3,200	$2.66	24d	1	0.47mi
14050 Pacific Point Pl Delray Beach, FL	1.0–3.0	1.0–2.0	1033	$2,758	$2.67	1d	22	0.52mi
5850 Sugar Palm Ct Delray Beach, FL	2.0	2.0	1198	$3,300	$2.75	24d	1	0.53mi
5260 Grande Palm Cir Delray Beach, FL	3.0	2.0	1464	$2,800	$1.91	24d	1	0.57mi
13921 Royal Palm Ct Unit D Delray Beach, FL	2.0	2.0	1205	$4,000	$3.32	7d	1	0.57mi
13990 Nesting Way Unit C Delray Beach, FL	1.0	2.0	1092	$2,300	$2.11	24d	1	0.57mi
14139 Nesting Way Unit A Delray Beach, FL	2.0	2.0	1255	$2,200	$1.75	11d	1	0.59mi
5200 Privet Pl Unit C Delray Beach, FL	2.0	2.0	1457	$1,850	$1.27	24d	1	0.60mi
5550 Nepsa Way Delray Beach, FL	1.0–3.0	1.0–2.0	1035	$2,776	$2.68	1d	12	0.60mi
14040 Nesting Way Unit B Delray Beach, FL	1.0	2.0	1092	$1,700	$1.56	24d	1	0.60mi
13419 Noble Dr Delray Beach, FL	2.0	2.0	1410	$3,600	$2.55	17d	1	0.62mi
5061 Nesting Way Unit D Delray Beach, FL	2.0	2.0	1255	$2,400	$1.91	24d	1	0.62mi
5349 Lakefront Blvd Unit B Delray Beach, FL	1.0	2.0	1068	$1,800	$1.69	24d	1	0.65mi
14111 Royal Vista Dr #404 Delray Beach, FL	2.0	2.0	1392	$3,200	$2.30	24d	1	0.70mi
5093 Privet Pl Unit A-1 Delray Beach, FL	2.0	2.0	1220	$2,350	$1.93	24d	1	0.71mi
14425 Amapola Way Delray Beach, FL	2.0	2.0	1406	$2,800	$1.99	5d	1	0.86mi
1418 W Wickham Cir Unit B Delray Beach, FL	3.0	2.5	1316	$3,200	$2.43	17d	1	0.87mi
4809 N Wickham Cir Unit A Delray Beach, FL	2.0	2.0	1028	$2,600	$2.53	24d	1	0.88mi

HOA detail condo

• Monthly dues: $560 · $6,720/yr
• Likely covers: watercablelandscapingexterior maint.roofpool
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 21 events

1. 2026-06-18
   days on market $232,500 Active 73 DOM
2. 2026-06-18
   price $232,500 Active 72 DOM
3. 2026-06-17
   days on market $250,000 Active 72 DOM
4. 2026-06-16
   days on market $250,000 Active 71 DOM
5. 2026-06-15
   days on market $250,000 Active 70 DOM
6. 2026-06-13
   days on market $250,000 Active 68 DOM
7. 2026-06-09
   days on market $250,000 Active 64 DOM
8. 2026-06-08
   days on market $250,000 Active 63 DOM
9. 2026-06-07
   days on market $250,000 Active 62 DOM
10. 2026-06-04
    days on market $250,000 Active 59 DOM
11. 2026-06-03
    days on market $250,000 Active 58 DOM
12. 2026-06-02
    days on market $250,000 Active 57 DOM
13. 2026-06-01
    days on market $250,000 Active 56 DOM
14. 2026-05-31
    days on market $250,000 Active 55 DOM
15. 2026-04-06
    listed $250,000 Active
16. 2021-07-06
    soldstatus $126,500
17. 2021-06-11
    soldstatus $127,500 Closed 2687-char remark

    Show marketing remark (2687 chars)

    PARADISE FOUND! Don't miss this opportunity to own this spacious, light & bright 2BR-2BA condo. Updated KIT & BTHs, crown moulding, split-style BR FL plan. Main BR W/ en-suite full BTH & WIC. GREAT BUY, PRICED TO SELL! Palm Greens is a much sought after community, BEST tennis programs in the area. Clubhouse, resort-style pool, hot tub, cafe, billiard, pickleball, exercise, card & game rooms. It gets even better! Plans for an Amazing BRAND NEW state-of-the-art clubhouse, walking trails & so much more! No special assessments or increase in COA due to this! Welcome to CC LIVING W/ O THE PRICE! Approx. 6 mi to the award-winning Downtown area W/ its warm & friendly vibe, gorgeous beaches, art, shopping, restaurants, cafes, art & a great nightlife like no other. COME LIVE & PLAY ALL IN DELRAY! Palm Greens is a 55 and better community. Only 1 occupant required to be 55+. No one under the age of 18 can permanently reside in the unit. The approval process can take as little as 7 days. It's a much sought after community because of its perfect location, proximity to the "award winning" Downtown area and beaches. Amazing plans coming to Palm Greens. Convenient to everything! EZ commute to I-95 and Turnpike. Low monthly maintenance of $365.00 per month includes water, cable with HBO, exterior maintenance, roof maintenance and replacement, exterior pest control and access to the Clubhouse and all amenities. The community is very welcoming and sociable. You will make many friends here. Palm Greens is currently going through a beautiful transformation. The irrigation system is being replaced and soon you will have healthier grass and landscaping. If you visit during the daytime you will see the maintenance workers very busy maintaining the property. The management office is on-site. They are located to the right of the Clubhouse. The workers are very responsive to the communities' needs. The Golf Course is permanently closed and is being developed with beautiful homes starting in the mid $300's - $500's by 13th Floor Developers. The State-of-the-Art Clubhouse is being built where the RV and campers are now located. Where can you purchase at this price and get a Country Club lifestyle without paying $40,000-$150,000 in mandatory membership fees. BUY NOW OR CRY LATER! You can purchase Palm Greens Condo 1 with as little as 5% down which is unheard of with condos! Make sure to ask your mortgage specialist. Plans for the community are. .. New Large Lakes Passive Park Areas Lush Landscaping New Amenity Center, all State-of-the-Art Multiple Resort Pools Fitness/Yoga 3+ Mile Trail Network and SO MUCH MORE!

18. 2021-05-11
    historical Active Under Contract 2687-char remark

    Show marketing remark (2687 chars)

    PARADISE FOUND! Don't miss this opportunity to own this spacious, light & bright 2BR-2BA condo. Updated KIT & BTHs, crown moulding, split-style BR FL plan. Main BR W/ en-suite full BTH & WIC. GREAT BUY, PRICED TO SELL! Palm Greens is a much sought after community, BEST tennis programs in the area. Clubhouse, resort-style pool, hot tub, cafe, billiard, pickleball, exercise, card & game rooms. It gets even better! Plans for an Amazing BRAND NEW state-of-the-art clubhouse, walking trails & so much more! No special assessments or increase in COA due to this! Welcome to CC LIVING W/ O THE PRICE! Approx. 6 mi to the award-winning Downtown area W/ its warm & friendly vibe, gorgeous beaches, art, shopping, restaurants, cafes, art & a great nightlife like no other. COME LIVE & PLAY ALL IN DELRAY! Palm Greens is a 55 and better community. Only 1 occupant required to be 55+. No one under the age of 18 can permanently reside in the unit. The approval process can take as little as 7 days. It's a much sought after community because of its perfect location, proximity to the "award winning" Downtown area and beaches. Amazing plans coming to Palm Greens. Convenient to everything! EZ commute to I-95 and Turnpike. Low monthly maintenance of $365.00 per month includes water, cable with HBO, exterior maintenance, roof maintenance and replacement, exterior pest control and access to the Clubhouse and all amenities. The community is very welcoming and sociable. You will make many friends here. Palm Greens is currently going through a beautiful transformation. The irrigation system is being replaced and soon you will have healthier grass and landscaping. If you visit during the daytime you will see the maintenance workers very busy maintaining the property. The management office is on-site. They are located to the right of the Clubhouse. The workers are very responsive to the communities' needs. The Golf Course is permanently closed and is being developed with beautiful homes starting in the mid $300's - $500's by 13th Floor Developers. The State-of-the-Art Clubhouse is being built where the RV and campers are now located. Where can you purchase at this price and get a Country Club lifestyle without paying $40,000-$150,000 in mandatory membership fees. BUY NOW OR CRY LATER! You can purchase Palm Greens Condo 1 with as little as 5% down which is unheard of with condos! Make sure to ask your mortgage specialist. Plans for the community are. .. New Large Lakes Passive Park Areas Lush Landscaping New Amenity Center, all State-of-the-Art Multiple Resort Pools Fitness/Yoga 3+ Mile Trail Network and SO MUCH MORE!

19. 2021-05-04
    listed $129,900 Active 2687-char remark

    Show marketing remark (2687 chars)

    PARADISE FOUND! Don't miss this opportunity to own this spacious, light & bright 2BR-2BA condo. Updated KIT & BTHs, crown moulding, split-style BR FL plan. Main BR W/ en-suite full BTH & WIC. GREAT BUY, PRICED TO SELL! Palm Greens is a much sought after community, BEST tennis programs in the area. Clubhouse, resort-style pool, hot tub, cafe, billiard, pickleball, exercise, card & game rooms. It gets even better! Plans for an Amazing BRAND NEW state-of-the-art clubhouse, walking trails & so much more! No special assessments or increase in COA due to this! Welcome to CC LIVING W/ O THE PRICE! Approx. 6 mi to the award-winning Downtown area W/ its warm & friendly vibe, gorgeous beaches, art, shopping, restaurants, cafes, art & a great nightlife like no other. COME LIVE & PLAY ALL IN DELRAY! Palm Greens is a 55 and better community. Only 1 occupant required to be 55+. No one under the age of 18 can permanently reside in the unit. The approval process can take as little as 7 days. It's a much sought after community because of its perfect location, proximity to the "award winning" Downtown area and beaches. Amazing plans coming to Palm Greens. Convenient to everything! EZ commute to I-95 and Turnpike. Low monthly maintenance of $365.00 per month includes water, cable with HBO, exterior maintenance, roof maintenance and replacement, exterior pest control and access to the Clubhouse and all amenities. The community is very welcoming and sociable. You will make many friends here. Palm Greens is currently going through a beautiful transformation. The irrigation system is being replaced and soon you will have healthier grass and landscaping. If you visit during the daytime you will see the maintenance workers very busy maintaining the property. The management office is on-site. They are located to the right of the Clubhouse. The workers are very responsive to the communities' needs. The Golf Course is permanently closed and is being developed with beautiful homes starting in the mid $300's - $500's by 13th Floor Developers. The State-of-the-Art Clubhouse is being built where the RV and campers are now located. Where can you purchase at this price and get a Country Club lifestyle without paying $40,000-$150,000 in mandatory membership fees. BUY NOW OR CRY LATER! You can purchase Palm Greens Condo 1 with as little as 5% down which is unheard of with condos! Make sure to ask your mortgage specialist. Plans for the community are. .. New Large Lakes Passive Park Areas Lush Landscaping New Amenity Center, all State-of-the-Art Multiple Resort Pools Fitness/Yoga 3+ Mile Trail Network and SO MUCH MORE!

20. 1999-08-03
    soldstatus $47,700
21. 1995-03-28
    soldstatus $48,000

ⓘ 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: $2,179 · $182/mo
• Projected year-2 tax: $2,179 · $182/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 4/10 Moderate FEMA zone X (unshaded) · 22% 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: $29,677
• − Mortgage interest: −$13,024
• − Property taxes: −$2,179
• − Insurance: −$1,162
• − Repairs & maintenance: −$2,374
• − Management: −$2,374
• − HOA: −$6,720
• − Depreciation: −$6,764
• Taxable loss: −$4,920
• Est. tax savings @ 24.0%: +$1,181
• After-tax cash flow: $-67/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

+420.8% since first listed

7 events — show timeline

• 2026-04-06 Listed $250,000 Beaches MLS
• 2021-07-06 Sold (Public Records) $126,500 Public Records
• 2021-06-11 Sold (MLS) $127,500 Beaches MLS
• 2021-05-11 Contingent — Beaches MLS
• 2021-05-04 Listed $129,900 Beaches MLS
• 1999-08-03 Sold (Public Records) $47,700 Public Records
• 1995-03-28 Sold (Public Records) $48,000 Public Records

Property tax history

+9.8%/yr

Latest (2025): $2,179 · -14.9% YoY. Source: county tax records.