3561 Pine Tree Ct Unit C-2 · Greenacres, 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 9/10 · 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 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 +17.6/30.0
- ARV discount +7.5/15.0
- 1% rule +7.1/10.0
- DSCR +5.5/10.0
- Schools +4.3/10.0
- Livability +3.5/5.0
- Rent growth +2.8/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$164,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to this lovely, updated 2 bedroom, 1.5 bath condo in the desirable community of Pine Ridge, Section 4. The enclosed patio in the front of the unit features a beautiful courtyard view. As you enter the front door you will be delighted by the open floorplan. Kitchen has been updated with newer cabinetry., granite counter tops, under cabinet led lighting. plantation shutters and impact windows offer privacy and energy efficiency. Enjoy the convenience of having a full sized washer and dryer in the unit. No coin laundry here! There is plenty of storage in this unit. Walk in closets and extra room in the laundry room as well. The community offers a heated pool, community room, Bocce courts, shuffleboard, and walking trails. Come see what this unit and community have to offer.
Key facts
- Open floorplan
- Courtyard view
- Granite counter tops
Tags
Property features AI
Finance
- Financial info: Pets allowed with possible breed, number and size restrictions
- HOA & community: Condominium association (Pine Ridge IV Condominium Association); Monthly association fee; Association amenities include shuffleboard court, bocce ball and a community room; Association fee covers cable TV, insurance and common areas
Exterior
- Parking: Assigned parking; Guest parking available; One open parking space
- Utilities: Public water; Public sewer; Cable available; Water and sewer available
- Home design: Condominium; Resale property; Faces north; Building has 4 stories
- Construction: Built with concrete, stucco and CBS; Composition and rolled/hot mop roofing
- Exterior features: Many trees on the grounds; Not waterfront
Interior
- Kitchen: Dishwasher; Electric range; Microwave; Refrigerator; Electric water heater
- Bedrooms: Two bedrooms on the main level
- Flooring: Carpet; Laminate; Wood
- Bathrooms: One full bathroom; One half bathroom
- Heating & cooling: Central electric heating; Central air conditioning; Ceiling fans
- Interior features: No additional interior built-ins or special features listed; Plantation shutters on windows; Furnished is negotiable
- Laundry & utility: Laundry closet inside the unit
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.5-bath condo listed at $164k.
Deal economics
- At list price, monthly cash flow is $130 ($2k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $164k).
- Recommended offer: $154k (6.0% below list) — sets the bar for market timing.
Location & tenants
- Location reads 69/100 on livability (#490 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A; Watch: employment D, 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: Liberty Park Elementary School (math 25% / reading 38%, grade F, #1,841 of 2,144 statewide, top 86%, 845 students, 76% FRL); L C Swain Middle School (math 26% / reading 33%, grade F, #469 of 571 statewide, top 84%, 1,451 students, 74% FRL); John I. Leonard High School (math 17% / reading 35%, grade F, #494 of 667 statewide, top 75%, 3,549 students, 67% FRL) — zoned schools average 72% FRL vs 52% district-wide (20 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Zoned-school proficiency averages 29% at this address vs 50% district-wide (-20 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 (+1.3%/yr); 354 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 22d 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 ($74k/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 $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 87 days — a 6% lower offer ($154k) is reasonable based on typical stale-listing flexibility.
- 8 sale attempts since 27y 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.
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.
Questions for the listing agent
- It's been on market 87 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
- 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.
- Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- 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
- 1.21% ✓
- Cap rate
- 7.25%
- Cash-on-cash
- 3.41%
- DSCR
- 1.15
- GRM
- 6.9
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 1.33% rent growth · sell at horizon
- IRR
- -13.2%
- Equity multiple
- 0.54×
- Total profit
- $-21,333
- Equity at exit
- $24,453
- IRR
- -7.6%
- Equity multiple
- 0.56×
- Total profit
- $-20,007
- Equity at exit
- $14,180
Cash invested: $45,920 (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 33463
- Home prices YoY
- -30.9%
- Rents YoY
- 1.3%
- Active inventory
- 354
- Price-to-rent
- 6.9×
Monthly cashflow live
- Estimated rent
- $1,981 high interval (Pro) →
- Mortgage (P&I)
- −$860
- Tax from tax record
- −$93 /mo · $1,112/yr
- Insurance
- −$68
- HOA
- −$414
- Vacancy / Maint / Mgmt
- −$416
- Net cashflow
- $130
Break-even live
Sensitivity live
| Price | -10% $223 | -5% $177 | +0% $130 | +5% $84 | +10% $38 |
|---|---|---|---|---|---|
| Rent | -10% $-26 | -5% $52 | +0% $130 | +5% $209 | +10% $287 |
| Rate | -1.0pp $213 | -0.5pp $172 | base $130 | +0.5pp $88 | +1.0pp $45 |
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
- $41,000
- Closing costs
- $4,920
- 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 |
|---|---|---|---|---|---|---|---|---|
| 5855 S 37th St Unit 5857 Greenacres, FL | 2.0 | 1.0 | 747 | $1,949 | $2.61 | 1d | 1 | 0.15mi |
| 3490 La Jardin Ct Unit B2 Greenacres, FL | 1.0 | 1.0 | 780 | $1,385 | $1.78 | 4d | 1 | 0.16mi |
| 5971 La Pinata Blvd Unit B1 Greenacres, FL | 2.0 | 1.0 | 920 | $1,750 | $1.90 | 26d | 1 | 0.21mi |
| 342 Pine Ridge Cir Unit B2 Greenacres, FL | 2.0 | 1.5 | 935 | $2,200 | $2.35 | 16d | 1 | 0.25mi |
| 6170 Dodd Rd Unit The Greenacres, FL | 2.0 | 2.0 | 1000 | $2,600 | $2.60 | 26d | 1 | 0.40mi |
| 3808 Inlet Cir #3808 Greenacres, FL | 2.0 | 2.0 | 992 | $2,200 | $2.22 | 0d | 1 | 0.44mi |
| 6061 10th Ave N #242 Greenacres, FL | 2.0 | 2.0 | 855 | $2,000 | $2.34 | 6d | 1 | 0.46mi |
| 6031 10th Ave N #219 Greenacres, FL | 3.0 | 2.0 | 1078 | $2,400 | $2.23 | 5d | 1 | 0.49mi |
| 6023 10th Ave N #114 Greenacres, FL | 2.0 | 2.0 | 1050 | $2,000 | $1.90 | 0d | 1 | 0.52mi |
| 4181 S 57th Ave Unit D Greenacres, FL | 2.0 | 2.0 | 847 | $1,850 | $2.18 | 26d | 1 | 0.64mi |
| 4191 S 57th Ave Unit H Greenacres, FL | 2.0 | 2.0 | 847 | $1,750 | $2.07 | 26d | 1 | 0.64mi |
| 4205 S 57th Ave Unit G Greenacres, FL | 2.0 | 2.0 | 1046 | $1,900 | $1.82 | 26d | 1 | 0.66mi |
| 826 Sky Pine Way Greenacres, FL | 2.0–3.0 | 2.0 | 1304 | $1,800 | $1.38 | 0d | 2 | 0.70mi |
| 5775 Fernley Dr W #131 West Palm Beach, FL | 2.0 | 2.0 | 1072 | $2,000 | $1.87 | 12d | 1 | 0.72mi |
| 813 Sky Pine Way Unit F2 Greenacres, FL | 2.0 | 2.0 | 1111 | $1,725 | $1.55 | 4d | 1 | 0.73mi |
| 813 Sky Pine Way Unit F2 Greenacres, FL | 2.0 | 2.0 | 1111 | $1,725 | $1.55 | 16d | 1 | 0.73mi |
| 712 Sunny Pine Way Greenacres, FL | 2.0 | 2.0 | 1068 | $2,150 | $2.01 | 26d | 1 | 0.75mi |
| 812 Sky Pine Way Greenacres, FL | 2.0 | 2.0 | 1064 | $2,100 | $1.97 | 26d | 1 | 0.75mi |
| 811 Sky Pine Way Unit F2 Greenacres, FL | 2.0 | 2.0 | 1064 | $1,550 | $1.46 | 21d | 1 | 0.78mi |
| 802 Sky Pine Way Unit E2 Greenacres, FL | 2.0 | 2.0 | 1111 | $1,750 | $1.58 | 9d | 1 | 0.80mi |
| 629 Sea Pine Way Unit D3 Greenacres, FL | 2.0 | 2.0 | 1005 | $2,100 | $2.09 | 23d | 1 | 0.82mi |
| 718 Sunny Pine Way Unit H2 Greenacres, FL | 2.0 | 2.0 | 1111 | $2,000 | $1.80 | 22d | 1 | 0.82mi |
| 718 Sunny Pine Way Unit H2 Greenacres, FL | 2.0 | 2.0 | 1111 | $2,000 | $1.80 | 7d | 1 | 0.82mi |
| 3350 Perimeter Dr #1323 Greenacres, FL | 2.0 | 2.0 | 1059 | $1,975 | $1.86 | 3d | 1 | 0.83mi |
| 3386 Lucerne Park Dr Greenacres, FL | 2.0 | 2.0 | 1059 | $1,950 | $1.84 | 26d | 1 | 0.83mi |
| 720 Sunny Pine Way Unit G1 Greenacres, FL | 2.0 | 2.0 | 1111 | $2,000 | $1.80 | 21d | 1 | 0.85mi |
| 2980 Crosley Dr E Unit F West Palm Beach, FL | 2.0 | 1.0 | 829 | $1,575 | $1.90 | 1d | 1 | 0.85mi |
| 628 Sea Pine Way Unit A2 Greenacres, FL | 2.0 | 2.0 | 1005 | $2,100 | $2.09 | 18d | 1 | 0.86mi |
| 2715 Emory Dr W Unit C West Palm Beach, FL | 1.0 | 1.5 | 661 | $1,425 | $2.16 | 19d | 1 | 0.86mi |
| 703 Sunny Pine Way Unit G2 Greenacres, FL | 2.0 | 2.0 | 1068 | $2,000 | $1.87 | 17d | 1 | 0.87mi |
| 2647 Emory Dr W Unit C West Palm Beach, FL | 1.0 | 1.0 | 612 | $1,250 | $2.04 | 26d | 1 | 0.92mi |
| 2625 Emory Dr W Unit F West Palm Beach, FL | 2.0 | 2.0 | 895 | $1,700 | $1.90 | 26d | 1 | 0.95mi |
| 2783 Dudley Dr E Unit D West Palm Beach, FL | 2.0 | 2.0 | 910 | $1,650 | $1.81 | 18d | 1 | 0.96mi |
| 703 Sunny Pine Way Greenacres, FL | 2.0 | 2.0 | 1068 | $1,900 | $1.78 | 26d | 2 | 0.96mi |
| 2854 Crosley Dr E Unit J West Palm Beach, FL | 1.0 | 1.0 | 612 | $1,300 | $2.12 | 26d | 1 | 0.97mi |
| 2805 Crosley Dr E Unit E West Palm Beach, FL | 1.0 | 1.5 | 662 | $1,250 | $1.89 | 26d | 1 | 0.98mi |
| 2723 Dudley Dr W Unit G West Palm Beach, FL | 1.0 | 1.0 | 611 | $1,300 | $2.13 | 26d | 1 | 0.98mi |
| 724 Sunny Pine Way Unit D2 Greenacres, FL | 2.0 | 2.0 | 1111 | $1,950 | $1.76 | 26d | 1 | 0.98mi |
| 3045 Jackson Ave Greenacres, FL | 2.0 | 1.0 | 900 | $1,775 | $1.97 | 26d | 1 | 0.99mi |
| 1600 Island Shores Dr Greenacres, FL | 1.0–2.0 | 1.0–2.0 | 889 | $1,925 | $2.17 | 26d | 2 | 1.00mi |
HOA detail condo
- Monthly dues
- $414 · $4,968/yr
- Likely covers
- pool
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 43 events
-
2026-06-21days on market $164,000 Active 87 DOM
-
2026-06-18days on market $164,000 Active 84 DOM
-
2026-06-17days on market $164,000 Active 83 DOM
-
2026-06-16days on market $164,000 Active 82 DOM
-
2026-06-15days on market $164,000 Active 81 DOM
-
2026-06-13days on market $164,000 Active 79 DOM
-
2026-06-09days on market $164,000 Active 75 DOM
-
2026-06-08days on market $164,000 Active 74 DOM
-
2026-06-07days on market $164,000 Active 73 DOM
-
2026-06-04days on market $164,000 Active 70 DOM
-
2026-06-03days on market $164,000 Active 69 DOM
-
2026-06-02days on market $164,000 Active 68 DOM
-
2026-06-01days on market $164,000 Active 67 DOM
-
2026-05-31days on market $164,000 Active 66 DOM
-
2026-04-30price $164,000
-
2026-03-22$169,000 Active
-
2023-06-09soldstatus $170,000
-
2023-05-19soldstatus $170,000 Closed 797-char remark
Show marketing remark (797 chars)
Welcome to this lovely, updated 2 bedroom, 1.5 bath condo in the desirable community of Pine Ridge, Section 4. The enclosed patio in the front of the unit features a beautiful courtyard view. As you enter the front door you will be delighted by the open floorplan. Kitchen has been updated with newer cabinetry., granite counter tops, under cabinet led lighting. plantation shutters and impact windows offer privacy and energy efficiency. Enjoy the convenience of having a full sized washer and dryer in the unit. No coin laundry here! There is plenty of storage in this unit. Walk in closets and extra room in the laundry room as well. The community offers a heated pool, community room, Bocce courts, shuffleboard, and walking trails. Come see what this unit and community have to offer.
-
2023-04-18status Pending 797-char remark
Show marketing remark (797 chars)
Welcome to this lovely, updated 2 bedroom, 1.5 bath condo in the desirable community of Pine Ridge, Section 4. The enclosed patio in the front of the unit features a beautiful courtyard view. As you enter the front door you will be delighted by the open floorplan. Kitchen has been updated with newer cabinetry., granite counter tops, under cabinet led lighting. plantation shutters and impact windows offer privacy and energy efficiency. Enjoy the convenience of having a full sized washer and dryer in the unit. No coin laundry here! There is plenty of storage in this unit. Walk in closets and extra room in the laundry room as well. The community offers a heated pool, community room, Bocce courts, shuffleboard, and walking trails. Come see what this unit and community have to offer.
-
2023-03-20$175,000 Active 797-char remark
Show marketing remark (797 chars)
Welcome to this lovely, updated 2 bedroom, 1.5 bath condo in the desirable community of Pine Ridge, Section 4. The enclosed patio in the front of the unit features a beautiful courtyard view. As you enter the front door you will be delighted by the open floorplan. Kitchen has been updated with newer cabinetry., granite counter tops, under cabinet led lighting. plantation shutters and impact windows offer privacy and energy efficiency. Enjoy the convenience of having a full sized washer and dryer in the unit. No coin laundry here! There is plenty of storage in this unit. Walk in closets and extra room in the laundry room as well. The community offers a heated pool, community room, Bocce courts, shuffleboard, and walking trails. Come see what this unit and community have to offer.
-
2022-04-12soldstatus $145,900
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2022-04-08soldstatus $145,900 Closed 777-char remark
Show marketing remark (777 chars)
Fully furnished, 2-bed 1.5 bathroom updated condo located at 3561 Pine Tree Ct, Unit C-2 (Building 424). The 2nd floor condo, in the Pine Ridge IV adult 55+ community has been upgraded to meet your every need. The view from the porcelain tiled Lanai overlooks the beautiful courtyard. The unique layout features a 2nd bedroom with pocket doors allowing for a wide, expansive area to entertain. With the pocket doors closed, this 2nd bedroom features a walk-in closet. Upgrades: newer kitchen cabinets, granite countertops, crown molding, plantation shutters, tinted & energy efficient windows, enclosed patio with hurricane strength sliding doors, shower doors, laundry room with full size washer and dryer. Heated Pool, clubhouse, bocce courts, shuffleboard, walking path.
-
2022-03-21status Pending 777-char remark
Show marketing remark (777 chars)
Fully furnished, 2-bed 1.5 bathroom updated condo located at 3561 Pine Tree Ct, Unit C-2 (Building 424). The 2nd floor condo, in the Pine Ridge IV adult 55+ community has been upgraded to meet your every need. The view from the porcelain tiled Lanai overlooks the beautiful courtyard. The unique layout features a 2nd bedroom with pocket doors allowing for a wide, expansive area to entertain. With the pocket doors closed, this 2nd bedroom features a walk-in closet. Upgrades: newer kitchen cabinets, granite countertops, crown molding, plantation shutters, tinted & energy efficient windows, enclosed patio with hurricane strength sliding doors, shower doors, laundry room with full size washer and dryer. Heated Pool, clubhouse, bocce courts, shuffleboard, walking path.
-
2022-03-15$144,900 Active 777-char remark
Show marketing remark (777 chars)
Fully furnished, 2-bed 1.5 bathroom updated condo located at 3561 Pine Tree Ct, Unit C-2 (Building 424). The 2nd floor condo, in the Pine Ridge IV adult 55+ community has been upgraded to meet your every need. The view from the porcelain tiled Lanai overlooks the beautiful courtyard. The unique layout features a 2nd bedroom with pocket doors allowing for a wide, expansive area to entertain. With the pocket doors closed, this 2nd bedroom features a walk-in closet. Upgrades: newer kitchen cabinets, granite countertops, crown molding, plantation shutters, tinted & energy efficient windows, enclosed patio with hurricane strength sliding doors, shower doors, laundry room with full size washer and dryer. Heated Pool, clubhouse, bocce courts, shuffleboard, walking path.
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2013-09-22historical
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2013-09-18soldstatus $61,000
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2013-09-17soldstatus $61,000 Closed
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2013-09-08status Pending
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2013-09-03historical
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2013-07-29$67,000 Active
-
2008-12-17soldstatus $50,000
-
2008-12-04historical
-
2008-11-03$64,900
-
2002-01-11soldstatus $53,500
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2001-12-27soldstatus $53,500
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2001-11-28historical
-
2001-10-28$55,900
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2000-06-15soldstatus $36,000
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2000-05-31soldstatus $36,000
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2000-05-09historical
-
1999-11-15$38,500
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1999-05-10$39,900
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1980-08-01soldstatus $40,300
ⓘ 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
- $1,112 · $93/mo
- Projected year-2 tax
- $1,361 · $113/mo
- Expected delta
- +$249/yr (+$21/mo · 22.4%)
ⓘ 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 ≥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
- $23,778
- − Mortgage interest
- −$9,187
- − Property taxes
- −$1,112
- − Insurance
- −$820
- − Repairs & maintenance
- −$1,902
- − Management
- −$1,902
- − HOA
- −$4,968
- − Depreciation
- −$4,771
- Taxable loss
- −$884
- Est. tax savings @ 24.0%
- +$212
- After-tax cash flow
- $1,776/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 — Greenacres
- Score
- 69/100
- State rank
- #490
- US rank
- #9008
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Greenacres, FL
- County
- Palm Beach County · 1,438,312 people
- City population
- 65,478
- Metro
- Miami-Fort Lauderdale-Pompano Beach, FL
- Population (ZIP)
- 65,478
- Household income
- $73,865
- Rent vs Own
- Severe rent burden
- 1466.0
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
- Hispanic / Latino 38% Black 29% White 27% Two or more races 11% Asian 4%
- Hispanic origin (detail)
- Mexican 8% Puerto Rican 6% Cuban 5% Dominican 2%
- Common ancestry
- Hispanic 15% Romanian 1% Slovak 1%
- Foreign-born
- 39% · Canada, Jamaica, China
- Languages at home
- 45% English-only · Spanish 32% French/Haitian/Cajun 17% 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
- ▼ -175.33%
- Current HPI
- 392.055
- Rent YoY
- ▲ 1.33%
- 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 |
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| Insurance | 2 | $17B |
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| 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
+306.9% since first listed29 events — show timeline
- 2026-04-30 Price Changed $164,000 Beaches MLS
- 2026-03-22 Listed $169,000 Beaches MLS
- 2023-06-09 Sold (Public Records) $170,000 Public Records
- 2023-05-19 Sold (MLS) $170,000 Beaches MLS
- 2023-04-18 Pending — Beaches MLS
- 2023-03-20 Listed $175,000 Beaches MLS
- 2022-04-12 Sold (Public Records) $145,900 Public Records
- 2022-04-08 Sold (MLS) $145,900 Beaches MLS
- 2022-03-21 Pending — Beaches MLS
- 2022-03-15 Listed $144,900 Beaches MLS
- 2013-09-22 Listing Removed — Beaches MLS
- 2013-09-18 Sold (Public Records) $61,000 Public Records
- 2013-09-17 Sold (MLS) $61,000 Beaches MLS
- 2013-09-08 Pending — Beaches MLS
- 2013-09-03 Listing Removed — Beaches MLS
- 2013-07-29 Listed $67,000 Beaches MLS
- 2008-12-17 Sold (MLS) $50,000 Beaches MLS
- 2008-12-04 Listing Removed — Beaches MLS
- 2008-11-03 Listed $64,900 Beaches MLS
- 2002-01-11 Sold (Public Records) $53,500 Public Records
- 2001-12-27 Sold (MLS) $53,500 Beaches MLS
- 2001-11-28 Listing Removed — Beaches MLS
- 2001-10-28 Listed $55,900 Beaches MLS
- 2000-06-15 Sold (Public Records) $36,000 Public Records
- 2000-05-31 Sold (MLS) $36,000 Beaches MLS
- 2000-05-09 Listing Removed — Beaches MLS
- 1999-11-15 Listed $38,500 Beaches MLS
- 1999-05-10 Listed $39,900 Beaches MLS
- 1980-08-01 Sold (Public Records) $40,300 Public Records
Property tax history
+11.4%/yrLatest (2025): $1,112 · +4.7% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…