4490 Pine Garden Ln · Greenacres, FL 33467

$295,000

2 bd · 2.0 ba · 1,334 sqft · SingleFamily public records · 31 Days on market

Built 1978 5,355 sqft lot $164/mo HOA · 7% 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 +12.9/30.0
• ARV discount +7.5/15.0
• Schools +4.3/10.0
• DSCR +3.9/10.0
• Livability +3.5/5.0
• 1% rule +3.3/10.0
• Condition / age +2.5/5.0
• Rent growth +2.4/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

SPACIOUS CLEAN HOME IN 55+ NEIGHBORHOOD. TILED ENTRY WALKWAYS & EAT IN KIT. HUGE FLORIDA ROOM ENCLOSED WITH VINYL SLIDING WINDOWS. SWIM CLUB MEMBERSHIP ''INCLUDED & WITHIN WALKING DISTANCE. NO KNOWN DEFECTS BUT SOLD ''''AS IS'''''' * TILED FOYER, WALKWAY, DINING ROOM, EAT IN KITCHEN & HALLWAY * SPACIOUS EAT IN KITCHEN WITH PANTRY & SLIDING GLASS DOORS TO FLORIDA ROOM * MASTER SUITE INCLUDES WALK IN CLOSET, CEILING FAN, BATH WITH MARBLE SINK & STEP IN SHOWER WITH GLASS DOORS * TILEDHALLWAY WITH LINEN CLOSET * 2ND BATH INCLUDES MARBLE SINK & VANITY AREA, COMBO TUB/SHOWER * 2ND BEDROOM INCLUDES CEILING FAN & 2 WINDOWS * ENCLOSED FLORIDA ROOM WITH VINYL SLIDING WINDOWS * 1 CAR GARAGE WITH AUTOMATIC OPENER, WASHER & DRYER * SLIDING GLASS DOORS FROM DINING ROOM TO FLORIDA . .. (see supplement SPACIOUS CLEAN HOME IN 55+ NEIGHBORHOOD. TILED ENTRY WALKWAYS & EAT IN KIT. HUGE FLORIDA ROOM ENCLOSED WITH VINYL SLIDING WINDOWS. SWIM CLUB MEMBERSHIP ''INCLUDED & WITHIN WALKING DISTANCE. NO KNOWN DEFECTS BUT SOLD ''''AS IS'''''' * TILED FOYER, WALKWAY, DINING ROOM, EAT IN KITCHEN & HALLWAY * SPACIOUS EAT IN KITCHEN WITH PANTRY & SLIDING GLASS DOORS TO FLORIDA ROOM * MASTER SUITE INCLUDES WALK IN CLOSET, CEILING FAN, BATH WITH MARBLE SINK & STEP IN SHOWER WITH GLASS DOORS * TILEDHALLWAY WITH LINEN CLOSET * 2ND BATH INCLUDES MARBLE SINK & VANITY AREA, COMBO TUB/SHOWER * 2ND BEDROOM INCLUDES CEILING FAN & 2 WINDOWS * ENCLOSED FLORIDA ROOM WITH VINYL SLIDING WINDOWS * 1 CAR GARAGE WITH AUTOMATIC OPENER, WASHER & DRYER * SLIDING GLASS DOORS FROM DINING ROOM TO FLORIDA ROOM * AUTOMATIC SPRINKLER SYSTEM * MUST BE 55 YEARS OR OLDER * SWIM CLUB MEMBERSHIP INCLUDED (A $1,200.00 VALUE!) ''NO KNOWN DEFECTS BUT SOLD ''''AS IS'''' WITH THE RIGHT TO INSPECT. ''

Key facts

• 5,355 sq ft lot
• Garage
• Community pool

Property features AI

Finance

• Other: Building area reported by assessor; Total building area: 1,775 (assessor); Living area: 1,334
• HOA & community: HOA: Lucerne Lakes HOA; HOA fee paid monthly; HOA includes cable TV, common areas, recreation facility; Community amenities: clubhouse, pool, spa/hot tub, tennis courts, community room, sidewalks, street lights; Pet friendly (restrictions possible); Senior community

Exterior

• Parking: Attached 1-car garage; 1 covered parking space; Asphalt driveway
• Utilities: Public water; Public sewer; Electricity connected; Water connected; Sewer connected
• Home design: Single family residence; One story; Resale property
• Construction: Built with stucco and CBS; Shingle roof; Slab foundation
• Exterior features: Not waterfront; Faces east

Interior

• Kitchen: Electric range; Dishwasher; Microwave; Refrigerator; Electric water heater
• Bedrooms: 2 bedrooms on the main level
• Flooring: Carpet; Ceramic tile; Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heating; Central air conditioning
• Interior features: Stacked bedroom layout
• Laundry & utility: Washer hookup; Laundry area in garage

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $295k.

Deal economics

• At list price, monthly cash flow is $-21 ($-247/yr) — negative.
• To cash-flow at today's rent, offer at most $291k (1.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $243k (17.5% below list).
• Recommended offer: $243k (17.5% below list) — sets the bar for 1% rule.

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: Discovery Key Elementary School (math 61% / reading 72%, grade B+, #473 of 2,144 statewide, top 23%, 1,050 students, 31% FRL); Woodlands Middle School (math 51% / reading 58%, grade B-, #183 of 571 statewide, top 34%, 1,551 students, 40% FRL) — zoned schools average 36% FRL vs 52% district-wide (16 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: Rents soft (-0.4%/yr); 665 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 3,974 units permitted in Palm Beach County in 2024 (1,012 in 5+ unit buildings).
• This rent runs 31% of the median local income ($96k/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 $2k of loan paydown is wiped out by about $9k 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 31 days — a 3% lower offer ($286k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 25y 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 $87k; list at $295k implies a 239% 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→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $243,476 (17.5% 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 31 days. Have you received any prior offers? Is the seller open to a 17% concession, seller financing, or rate buy-down credit?
3. Built in 1978 — 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new 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: 0.83% ✗
• Cap rate: 6.21%
• Cash-on-cash: -0.30%
• DSCR: 0.99
• GRM: 10.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -20.1%
• Equity multiple: 0.32×
• Total profit: $-56,270
• Equity at exit: $43,985

10-year hold

• IRR: -20.9%
• Equity multiple: 0.05×
• Total profit: $-78,349
• Equity at exit: $25,506

Cash invested: $82,600 (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 33467

• Rents YoY: -0.4%
• Active inventory: 665
• Price-to-rent: 10.1×

Monthly cashflow live

• Estimated rent: $2,435 high
• Mortgage (P&I): −$1,547
• Tax from tax record: −$110 /mo · $1,321/yr
• Insurance: −$123
• HOA: −$164
• Vacancy / Maint / Mgmt: −$511
• Net cashflow: $-21

Break-even live

Break-even rent $2,461

Max offer price $291,364

Occupancy floor 96%

Sensitivity live

Price	-10% $146	-5% $63	+0% $-21	+5% $-104	+10% $-188
Rent	-10% $-213	-5% $-117	+0% $-21	+5% $76	+10% $172
Rate	-1.0pp $128	-0.5pp $54	base $-21	+0.5pp $-97	+1.0pp $-175

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: $73,750
• Closing costs: $8,850
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4125 Pine Branch Cir Lake Worth, FL	3.0	2.0	1786	$2,800	$1.57	25d	1	0.12mi
4373 Trevi Ct Lake Worth, FL	2.0	1.5	1080	$2,500	$2.31	18d	1	0.34mi
6939 Harbours Edge Ave Unit 6939 Greenacres, FL	3.0	2.5	1695	$3,000	$1.77	8d	1	0.34mi
6939 Harbours Edge Ave Unit 6939 Greenacres, FL	3.0	2.5	1695	$3,000	$1.77	23d	1	0.34mi
6923 Harbours Edge Ave Lake Worth, FL	3.0	2.5	1690	$3,000	$1.78	3d	1	0.37mi
6923 Harbours Edge Ave Lake Worth, FL	3.0	2.5	1690	$3,000	$1.78	25d	1	0.37mi
386 Bennington Ln Lake Worth, FL	2.0	2.0	941	$2,000	$2.13	16d	1	0.40mi
4329 Pond Lily Ln Unit 4329 Greenacres, FL	3.0	2.5	1690	$2,950	$1.75	23d	1	0.40mi
4345 Trevi Ct #204 Lake Worth, FL	2.0	2.0	1005	$2,100	$2.09	21d	1	0.42mi
4575 Lucerne Lakes Blvd W #104 Lake Worth, FL	1.0	1.0	900	$1,275	$1.42	8d	1	0.43mi
4575 Lucerne Lakes Blvd W #104 Lake Worth, FL	1.0	1.0	900	$1,240	$1.38	13d	1	0.43mi
4640 Lucerne Lakes Blvd W Lake Worth, FL	2.0	1.0–2.0	960	$1,525	$1.59	5d	2	0.46mi
4469 Luxemburg Ct Lake Worth, FL	3.0	2.5	1502	$3,400	$2.26	25d	1	0.47mi
845 Salem Ln Lake Worth, FL	2.0	2.0	1024	$1,850	$1.81	25d	1	0.48mi
4557 Luxemburg Ct Lake Worth, FL	2.0	1.5	1065	$2,400	$2.25	25d	1	0.49mi
4471 Luxemburg Ct Lake Worth, FL	2.0	2.0	1005	$2,150	$2.14	25d	2	0.50mi
4471 Luxemburg Ct #101 Lake Worth, FL	2.0	2.0	1005	$2,300	$2.29	20d	1	0.50mi
4070 Tivoli Ct #307 Lake Worth, FL	2.0	2.0	939	$1,750	$1.86	21d	1	0.50mi
4070 Tivoli Ct #307 Lake Worth, FL	2.0	2.0	939	$1,675	$1.78	6d	1	0.50mi
4360 Fountains Dr Lake Worth, FL	3.0	3.0	1600	$2,750	$1.72	25d	1	0.51mi
7593 Tahiti Ln #205 Lake Worth, FL	2.0	2.0	1186	$1,800	$1.52	25d	1	0.53mi
4483 Luxemburg Ct #201 Lake Worth, FL	3.0	2.0	1265	$2,800	$2.21	25d	1	0.54mi
4539 Luxemburg Ct Lake Worth, FL	2.0	2.0	1005	$2,250	$2.24	25d	1	0.55mi
4539 Luxemburg Ct Lake Worth, FL	2.0	2.0	1027	$2,250	$2.19	6d	1	0.55mi
4080 Tivoli Ct #307 Lake Worth, FL	3.0	2.0	1253	$1,999	$1.60	25d	1	0.55mi
4760 Lucerne Lakes Blvd W #405 Lake Worth, FL	1.0	1.5	1000	$1,490	$1.49	25d	1	0.55mi
4489 Luxemburg Ct #101 Lake Worth, FL	2.0	2.0	1005	$2,000	$1.99	25d	1	0.58mi
192 Cape Cod Cir Lake Worth, FL	1.0	1.5	902	$1,850	$2.05	25d	1	0.58mi
4228 Deste Ct Greenacres, FL	3.0	2.5	1497	$3,000	$2.00	20d	1	0.59mi
3755 Via Poinciana #304 Lake Worth, FL	2.0	2.0	1103	$2,000	$1.81	25d	1	0.60mi
4640 Lucerne Lakes Blvd W #605 Lake Worth, FL	2.0	1.0	900	$1,600	$1.78	16d	1	0.62mi
4657 Fountains Dr S #206 Lake Worth, FL	1.0	1.0	882	$1,650	$1.87	13d	1	0.64mi
6733 Broadwater Ln Lake Worth, FL	3.0	2.5	1568	$2,800	$1.79	25d	1	0.64mi
3810 Via Poinciana #404 Lake Worth, FL	2.0	2.0	1114	$1,900	$1.71	8d	1	0.65mi
4698 Lucerne Lakes Blvd E #103 Lake Worth, FL	2.0	2.0	1244	$2,100	$1.69	25d	1	0.65mi
4698 Lucerne Lakes Blvd E Unit 46 Greenacres, FL	2.0	2.0	1600	$2,000	$1.25	25d	1	0.65mi
4242 Deste Ct Unit 208 Greenacres, FL	2.0	2.0	978	$2,500	$2.56	25d	1	0.66mi
6909 Harbours Edge Ave Unit 6909 Greenacres, FL	3.0	2.5	1695	$3,000	$1.77	25d	1	0.66mi
6909 Harbours Edge Ave Unit 6909 Greenacres, FL	3.0	2.5	1695	$3,000	$1.77	8d	1	0.66mi
4266 Deste Ct #107 Greenacres, FL	2.0	2.0	978	$2,100	$2.15	25d	1	0.68mi

HOA detail

• Monthly dues: $164 · $1,968/yr

Listing history 9 events

1. 2026-06-02
   status $295,000 Pending 31 DOM
2. 2026-06-01
   days on market $295,000 Active Under Contract 31 DOM
3. 2026-05-31
   days on market $295,000 Active Under Contract 30 DOM
4. 2026-05-11
   historical Active Under Contract
5. 2026-04-27
   listed $295,000 Active
6. 2001-09-12
   soldstatus $87,000
7. 2001-05-31
   soldstatus $87,000 1878-char remark

   Show marketing remark (1878 chars)

   SPACIOUS CLEAN HOME IN 55+ NEIGHBORHOOD. TILED ENTRY WALKWAYS & EAT IN KIT. HUGE FLORIDA ROOM ENCLOSED WITH VINYL SLIDING WINDOWS. SWIM CLUB MEMBERSHIP ''INCLUDED & WITHIN WALKING DISTANCE. NO KNOWN DEFECTS BUT SOLD ''''AS IS'''''' * TILED FOYER, WALKWAY, DINING ROOM, EAT IN KITCHEN & HALLWAY * SPACIOUS EAT IN KITCHEN WITH PANTRY & SLIDING GLASS DOORS TO FLORIDA ROOM * MASTER SUITE INCLUDES WALK IN CLOSET, CEILING FAN, BATH WITH MARBLE SINK & STEP IN SHOWER WITH GLASS DOORS * TILEDHALLWAY WITH LINEN CLOSET * 2ND BATH INCLUDES MARBLE SINK & VANITY AREA, COMBO TUB/SHOWER * 2ND BEDROOM INCLUDES CEILING FAN & 2 WINDOWS * ENCLOSED FLORIDA ROOM WITH VINYL SLIDING WINDOWS * 1 CAR GARAGE WITH AUTOMATIC OPENER, WASHER & DRYER * SLIDING GLASS DOORS FROM DINING ROOM TO FLORIDA . .. (see supplement SPACIOUS CLEAN HOME IN 55+ NEIGHBORHOOD. TILED ENTRY WALKWAYS & EAT IN KIT. HUGE FLORIDA ROOM ENCLOSED WITH VINYL SLIDING WINDOWS. SWIM CLUB MEMBERSHIP ''INCLUDED & WITHIN WALKING DISTANCE. NO KNOWN DEFECTS BUT SOLD ''''AS IS'''''' * TILED FOYER, WALKWAY, DINING ROOM, EAT IN KITCHEN & HALLWAY * SPACIOUS EAT IN KITCHEN WITH PANTRY & SLIDING GLASS DOORS TO FLORIDA ROOM * MASTER SUITE INCLUDES WALK IN CLOSET, CEILING FAN, BATH WITH MARBLE SINK & STEP IN SHOWER WITH GLASS DOORS * TILEDHALLWAY WITH LINEN CLOSET * 2ND BATH INCLUDES MARBLE SINK & VANITY AREA, COMBO TUB/SHOWER * 2ND BEDROOM INCLUDES CEILING FAN & 2 WINDOWS * ENCLOSED FLORIDA ROOM WITH VINYL SLIDING WINDOWS * 1 CAR GARAGE WITH AUTOMATIC OPENER, WASHER & DRYER * SLIDING GLASS DOORS FROM DINING ROOM TO FLORIDA ROOM * AUTOMATIC SPRINKLER SYSTEM * MUST BE 55 YEARS OR OLDER * SWIM CLUB MEMBERSHIP INCLUDED (A $1,200.00 VALUE!) ''NO KNOWN DEFECTS BUT SOLD ''''AS IS'''' WITH THE RIGHT TO INSPECT. ''

8. 2001-05-02
   historical 1878-char remark

   Show marketing remark (1878 chars)

   SPACIOUS CLEAN HOME IN 55+ NEIGHBORHOOD. TILED ENTRY WALKWAYS & EAT IN KIT. HUGE FLORIDA ROOM ENCLOSED WITH VINYL SLIDING WINDOWS. SWIM CLUB MEMBERSHIP ''INCLUDED & WITHIN WALKING DISTANCE. NO KNOWN DEFECTS BUT SOLD ''''AS IS'''''' * TILED FOYER, WALKWAY, DINING ROOM, EAT IN KITCHEN & HALLWAY * SPACIOUS EAT IN KITCHEN WITH PANTRY & SLIDING GLASS DOORS TO FLORIDA ROOM * MASTER SUITE INCLUDES WALK IN CLOSET, CEILING FAN, BATH WITH MARBLE SINK & STEP IN SHOWER WITH GLASS DOORS * TILEDHALLWAY WITH LINEN CLOSET * 2ND BATH INCLUDES MARBLE SINK & VANITY AREA, COMBO TUB/SHOWER * 2ND BEDROOM INCLUDES CEILING FAN & 2 WINDOWS * ENCLOSED FLORIDA ROOM WITH VINYL SLIDING WINDOWS * 1 CAR GARAGE WITH AUTOMATIC OPENER, WASHER & DRYER * SLIDING GLASS DOORS FROM DINING ROOM TO FLORIDA . .. (see supplement SPACIOUS CLEAN HOME IN 55+ NEIGHBORHOOD. TILED ENTRY WALKWAYS & EAT IN KIT. HUGE FLORIDA ROOM ENCLOSED WITH VINYL SLIDING WINDOWS. SWIM CLUB MEMBERSHIP ''INCLUDED & WITHIN WALKING DISTANCE. NO KNOWN DEFECTS BUT SOLD ''''AS IS'''''' * TILED FOYER, WALKWAY, DINING ROOM, EAT IN KITCHEN & HALLWAY * SPACIOUS EAT IN KITCHEN WITH PANTRY & SLIDING GLASS DOORS TO FLORIDA ROOM * MASTER SUITE INCLUDES WALK IN CLOSET, CEILING FAN, BATH WITH MARBLE SINK & STEP IN SHOWER WITH GLASS DOORS * TILEDHALLWAY WITH LINEN CLOSET * 2ND BATH INCLUDES MARBLE SINK & VANITY AREA, COMBO TUB/SHOWER * 2ND BEDROOM INCLUDES CEILING FAN & 2 WINDOWS * ENCLOSED FLORIDA ROOM WITH VINYL SLIDING WINDOWS * 1 CAR GARAGE WITH AUTOMATIC OPENER, WASHER & DRYER * SLIDING GLASS DOORS FROM DINING ROOM TO FLORIDA ROOM * AUTOMATIC SPRINKLER SYSTEM * MUST BE 55 YEARS OR OLDER * SWIM CLUB MEMBERSHIP INCLUDED (A $1,200.00 VALUE!) ''NO KNOWN DEFECTS BUT SOLD ''''AS IS'''' WITH THE RIGHT TO INSPECT. ''

9. 2001-03-30
   listed $89,900 1878-char remark

   Show marketing remark (1878 chars)

   SPACIOUS CLEAN HOME IN 55+ NEIGHBORHOOD. TILED ENTRY WALKWAYS & EAT IN KIT. HUGE FLORIDA ROOM ENCLOSED WITH VINYL SLIDING WINDOWS. SWIM CLUB MEMBERSHIP ''INCLUDED & WITHIN WALKING DISTANCE. NO KNOWN DEFECTS BUT SOLD ''''AS IS'''''' * TILED FOYER, WALKWAY, DINING ROOM, EAT IN KITCHEN & HALLWAY * SPACIOUS EAT IN KITCHEN WITH PANTRY & SLIDING GLASS DOORS TO FLORIDA ROOM * MASTER SUITE INCLUDES WALK IN CLOSET, CEILING FAN, BATH WITH MARBLE SINK & STEP IN SHOWER WITH GLASS DOORS * TILEDHALLWAY WITH LINEN CLOSET * 2ND BATH INCLUDES MARBLE SINK & VANITY AREA, COMBO TUB/SHOWER * 2ND BEDROOM INCLUDES CEILING FAN & 2 WINDOWS * ENCLOSED FLORIDA ROOM WITH VINYL SLIDING WINDOWS * 1 CAR GARAGE WITH AUTOMATIC OPENER, WASHER & DRYER * SLIDING GLASS DOORS FROM DINING ROOM TO FLORIDA . .. (see supplement SPACIOUS CLEAN HOME IN 55+ NEIGHBORHOOD. TILED ENTRY WALKWAYS & EAT IN KIT. HUGE FLORIDA ROOM ENCLOSED WITH VINYL SLIDING WINDOWS. SWIM CLUB MEMBERSHIP ''INCLUDED & WITHIN WALKING DISTANCE. NO KNOWN DEFECTS BUT SOLD ''''AS IS'''''' * TILED FOYER, WALKWAY, DINING ROOM, EAT IN KITCHEN & HALLWAY * SPACIOUS EAT IN KITCHEN WITH PANTRY & SLIDING GLASS DOORS TO FLORIDA ROOM * MASTER SUITE INCLUDES WALK IN CLOSET, CEILING FAN, BATH WITH MARBLE SINK & STEP IN SHOWER WITH GLASS DOORS * TILEDHALLWAY WITH LINEN CLOSET * 2ND BATH INCLUDES MARBLE SINK & VANITY AREA, COMBO TUB/SHOWER * 2ND BEDROOM INCLUDES CEILING FAN & 2 WINDOWS * ENCLOSED FLORIDA ROOM WITH VINYL SLIDING WINDOWS * 1 CAR GARAGE WITH AUTOMATIC OPENER, WASHER & DRYER * SLIDING GLASS DOORS FROM DINING ROOM TO FLORIDA ROOM * AUTOMATIC SPRINKLER SYSTEM * MUST BE 55 YEARS OR OLDER * SWIM CLUB MEMBERSHIP INCLUDED (A $1,200.00 VALUE!) ''NO KNOWN DEFECTS BUT SOLD ''''AS IS'''' WITH THE RIGHT TO INSPECT. ''

ⓘ 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: $1,321 · $110/mo
• Projected year-2 tax: $2,448 · $204/mo
• Expected delta: +$1,127/yr (+$94/mo · 85.3%)

ⓘ 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 ≥106°F today · 27 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

Taxation est. · year 1

• Rental income: $29,217
• − Mortgage interest: −$16,525
• − Property taxes: −$1,321
• − Insurance: −$1,475
• − Repairs & maintenance: −$2,337
• − Management: −$2,337
• − HOA: −$1,968
• − Depreciation: −$8,582
• Taxable loss: −$5,328
• Est. tax savings @ 24.0%: +$1,279
• After-tax cash flow: $1,032/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

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Palm Beach County · 1,438,312 people
• City population: 65,478
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 58,411
• Household income: $95,739
• Rent vs Own: 13.6% rent · 86.4% own
• Severe rent burden: 960.0

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: White 59% Hispanic / Latino 22% Two or more races 13% Black 10% Asian 4%
• Hispanic origin (detail): Mexican 2% Puerto Rican 4% Cuban 4% Dominican 2%
• Common ancestry: Romanian 4% Scotch-Irish 3% Hispanic 3%
• Foreign-born: 24% · Canada, Jamaica, Vietnam
• Languages at home: 71% English-only · Spanish 17% French/Haitian/Cajun 5% Other Indo-European 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: ▼ -288.94%
• Current HPI: 343.7738
• Rent YoY: ▼ -0.40%
• 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

+228.1% since first listed

6 events — show timeline

• 2026-05-11 Contingent — Beaches MLS
• 2026-04-27 Listed $295,000 Beaches MLS
• 2001-09-12 Sold (Public Records) $87,000 Public Records
• 2001-05-31 Sold (MLS) $87,000 Beaches MLS
• 2001-05-02 Listing Removed — Beaches MLS
• 2001-03-30 Listed $89,900 Beaches MLS

Property tax history

+1.1%/yr

Latest (2025): $1,321 · +3.8% YoY. Source: county tax records.