142 Normandy C · Delray 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 9/10 · Severe
- Hot days now (above 107°F)
- 6 days/yr
- Hot days in 30 yrs
- 22 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 3 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 +29.5/30.0
- ARV discount +15.0/15.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Schools +4.8/10.0
- Livability +3.9/5.0
- Rent growth +3.6/5.0
- Condition / age +2.2/5.0
- Appreciation +0.0/10.0
$89,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Updated Kitchen and Baths in this lovely 2 bedroom condo. Kings Point is one of the finest and vibrant communities offering education, entertainment, recreation and friendship. With over 50 clubs and over 30 classes you'll never run out of things to do. Located in Delray Beach close to all major highways. Kings Point is close to Charming downtown Delray and the beaches. The newly renovated multi million dollar clubhouse is there for all to use. The clubhouse has much to offer like shows, dances, concerts, movies, library, Barber and Restaurant all on site. Get around town easily with Kings Point's courtesy buses. Owner can close in a timely manner. Come and see this unit as it will not last long. http://www. kingspointdelray.
Key facts
- Garden view
- Corner unit
- Upstairs porch
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath townhouse listed at $90k. Condition is rated fair.
Deal economics
- At list price, monthly cash flow is $320 ($4k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $90k).
- Recommended offer: $79k (12.0% below list) — sets the bar for market timing.
- Cap rate 10.6% vs local median 4.2% 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: Orchard View Elementary School (math 48% / reading 47%, grade D, #1,182 of 2,144 statewide, top 55%, 596 students, 76% FRL); Carver Middle School (math 22% / reading 34%, grade F, #486 of 571 statewide, top 86%, 732 students, 73% FRL); Spanish River Community High School (math 64% / reading 74%, grade B, #63 of 667 statewide, top 10%, 2,578 students, 25% FRL).
- Market conditions: Rents rising fast (+4.3%/yr); 659 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 63d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 82% of comp listings sitting > 30 days — soft ceiling on asking rent; 3,974 units permitted in Palm Beach County in 2024 (1,012 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $622 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.
- At projected returns (-3.0% appreciation + 4.3% rent growth), your $25k cash investment doubles in ~7 years — after that, you're playing with house money.
Negotiation context
- It's been on market 153 days — a 12% lower offer ($79k) is reasonable based on typical stale-listing flexibility.
- 6 sale attempts since 21y 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 $74k; 21% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Watch-outs: HOA is 37% of rent.
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 6→22/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 153 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- 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 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?
- 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?
- 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 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
- 2.26% ✓
- Cap rate
- 10.57%
- Cash-on-cash
- 15.28%
- DSCR
- 1.68
- GRM
- 3.7
CMA / ARV
- ARV (median comp)
- $126,875
- List price
- $89,900
- Delta
- -29.14%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 339 Normandy | 0.17mi | 2/2.0 | 907 (0%) | 0mo | $97,000 | $107 | 92 |
| 421 Flanders I | 0.38mi | 2/2.0 | 880 (-3%) | 1mo | $70,000 | $80 | 77 |
| 116 Flanders C #116 | 0.50mi | 2/2.0 | 920 (+1%) | 1mo | $149,000 | $162 | 73 |
| 749 Monaco P | 0.50mi | 2/2.0 | 880 (-3%) | 0mo | $55,000 | $63 | 72 |
| 8 Saxony A #8 | 0.50mi | 2/2.0 | 880 (-3%) | 0mo | $57,000 | $65 | 72 |
| 192 Valencia H #192 | 0.40mi | 2/2.0 | 856 (-6%) | 1mo | $70,000 | $82 | 71 |
| 89 Saxony B Unit B | 0.51mi | 2/2.0 | 880 (-3%) | 0mo | $50,000 | $57 | 71 |
| 48 Piedmont | 0.14mi | 2/2.0 | 1,040 (+15%) | 1mo | $115,000 | $111 | 68 |
| 147 Burgundy D | 0.66mi | 2/2.0 | 902 (-1%) | 0mo | $85,000 | $94 | 68 |
| 334 Burgundy G | 0.67mi | 2/2.0 | 907 (0%) | 1mo | $109,000 | $120 | 68 |
| 484 Saxony K | 0.64mi | 2/2.0 | 880 (-3%) | 1mo | $90,000 | $102 | 64 |
| 15453 Lakes Of Delray Blvd #204 | 0.67mi | 2/2.0 | 1,000 (+10%) | 0mo | $145,000 | $145 | 51 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 4.28% rent growth · sell at horizon
- IRR
- 8.8%
- Equity multiple
- 1.35×
- Total profit
- $8,927
- Equity at exit
- $13,404
- IRR
- 19.9%
- Equity multiple
- 2.87×
- Total profit
- $46,977
- Equity at exit
- $7,773
Cash invested: $25,172 (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
Active competition Active MLS
- For sale now
- 348 active · 133 under contract
- Months of supply
- 39.4 mo (3%/mo absorbed)
- Median asking
- $122,496 ($140/sqft)
- Median days on market
- 110 d
- This list price
- 24% of active listings are priced below it
- ARV vs active asking
- +0.1% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 33484
- Rents YoY
- 4.3%
- Active inventory
- 659
- Price-to-rent
- 3.7×
Monthly cashflow live
- Estimated rent
- $2,029 high interval (Pro) →
- Mortgage (P&I)
- −$471
- Tax from tax record
- −$29 /mo · $353/yr
- Insurance
- −$37
- HOA
- −$744
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$426
- Net cashflow
- $320
Break-even live
Sensitivity live
| Price | -10% $371 | -5% $346 | +0% $320 | +5% $295 | +10% $270 |
|---|---|---|---|---|---|
| Rent | -10% $160 | -5% $240 | +0% $320 | +5% $401 | +10% $481 |
| Rate | -1.0pp $366 | -0.5pp $343 | base $320 | +0.5pp $297 | +1.0pp $273 |
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
- $22,475
- Closing costs
- $2,697
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- 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 |
|---|---|---|---|---|---|---|---|---|
| 708 Normandy Ln #708 Delray Beach, FL | 2.0 | 2.0 | 907 | $3,000 | $3.31 | 40d | 1 | 0.02mi |
| 708 Normandy Ln #708 Delray Beach, FL | 2.0 | 2.0 | 907 | $3,000 | $3.31 | 30d | 1 | 0.02mi |
| 244 Normandy Ln Delray Beach, FL | 2.0 | 2.0 | 907 | $2,400 | $2.65 | 60d | 1 | 0.02mi |
| 586 Normandy Ln #586 Delray Beach, FL | 2.0 | 2.0 | 907 | $1,750 | $1.93 | 73d | 1 | 0.02mi |
| 559 Normandy Ln #559 Delray Beach, FL | 2.0 | 2.0 | 907 | $1,650 | $1.82 | 73d | 1 | 0.02mi |
| 244 Normandy Ln Delray Beach, FL | 2.0 | 2.0 | 907 | $2,200 | $2.43 | 42d | 1 | 0.02mi |
| 708 Normandy O Delray Beach, FL | 2.0 | 2.0 | 907 | $3,000 | $3.31 | 73d | 1 | 0.02mi |
| 187 Normandy D Delray Beach, FL | 2.0 | 2.0 | 907 | $1,750 | $1.93 | 21d | 1 | 0.02mi |
| 825 Normandy R Delray Beach, FL | 2.0 | 2.0 | 905 | $3,350 | $3.70 | 66d | 1 | 0.02mi |
| 729 Normandy P Delray Beach, FL | 2.0 | 2.0 | 907 | $1,600 | $1.76 | 73d | 1 | 0.02mi |
| 122 Normandy C Delray Beach, FL | 2.0 | 2.0 | 907 | $1,450 | $1.60 | 61d | 1 | 0.02mi |
| 705 Normandy Ln Unit 705 Delray Beach, FL | 2.0 | 2.0 | 907 | $2,600 | $2.87 | 73d | 1 | 0.02mi |
| 226 Normandy E Delray Beach, FL | 1.0 | 1.5 | 760 | $1,200 | $1.58 | 73d | 1 | 0.02mi |
| 137 Normandy Ln Unit 137 Delray Beach, FL | 2.0 | 2.0 | 906 | $1,895 | $2.09 | 73d | 1 | 0.02mi |
| 185 Normandy D Delray Beach, FL | 1.0 | 1.5 | 760 | $1,499 | $1.97 | 63d | 1 | 0.02mi |
| 70 Normandy B Delray Beach, FL | 2.0 | 2.0 | 907 | $1,695 | $1.87 | 73d | 1 | 0.02mi |
| 394 Normandy I Delray Beach, FL | 2.0 | 2.0 | 907 | $1,600 | $1.76 | 73d | 1 | 0.02mi |
| 122 Normandy C Delray Beach, FL | 2.0 | 2.0 | 907 | $1,500 | $1.65 | 71d | 1 | 0.02mi |
| 122 Normandy C Delray Beach, FL | 2.0 | 2.0 | 907 | $1,450 | $1.60 | 54d | 1 | 0.02mi |
| 900 Normandy S Delray Beach, FL | 2.0 | 2.0 | 907 | $1,500 | $1.65 | 73d | 1 | 0.02mi |
| 864 Normandy Ln Unit 864 Delray Beach, FL | 1.0 | 1.5 | 760 | $1,750 | $2.30 | 73d | 1 | 0.02mi |
| 816 Normandy Q Delray Beach, FL | 1.0 | 1.5 | 760 | $1,450 | $1.91 | 21d | 1 | 0.02mi |
| 258 Normandy F Delray Beach, FL | 1.0 | 1.5 | 760 | $1,400 | $1.84 | 7d | 1 | 0.09mi |
| 68 Normandy B Delray Beach, FL | 2.0 | 2.0 | 907 | $1,575 | $1.74 | 0d | 1 | 0.14mi |
| 18 Piedmont a Delray Beach, FL | 2.0 | 2.0 | 910 | $1,950 | $2.14 | 48d | 1 | 0.16mi |
| 122 Piedmont C Delray Beach, FL | 1.0 | 1.5 | 795 | $1,850 | $2.33 | 1d | 1 | 0.17mi |
| 176 Piedmont D Delray Beach, FL | 2.0 | 2.0 | 910 | $1,600 | $1.76 | 73d | 1 | 0.18mi |
| 111 Normandy Ln Delray Beach, FL | 1.0 | 1.5 | 726 | $1,450 | $2.00 | 51d | 1 | 0.19mi |
| 111 Normandy Ln Delray Beach, FL | 1.0 | 1.5 | 726 | $1,450 | $2.00 | 48d | 1 | 0.19mi |
| 7 Piedmont a Delray Beach, FL | 2.0 | 2.0 | 910 | $2,200 | $2.42 | 52d | 1 | 0.19mi |
| 368 Piedmont H Unit H Delray Beach, FL | 2.0 | 2.0 | 910 | $1,850 | $2.03 | 73d | 1 | 0.20mi |
| 322 Piedmont G Delray Beach, FL | 2.0 | 2.0 | 910 | $1,600 | $1.76 | 3d | 1 | 0.20mi |
| 322 Piedmont G Delray Beach, FL | 2.0 | 2.0 | 910 | $2,000 | $2.20 | 63d | 1 | 0.20mi |
| 224 Piedmont F #224 Delray Beach, FL | 1.0 | 1.5 | 760 | $1,200 | $1.58 | 73d | 1 | 0.21mi |
| 499 Piedmont K Delray Beach, FL | 2.0 | 2.0 | 907 | $2,800 | $3.09 | 73d | 1 | 0.21mi |
| 310 Piedmont G Delray Beach, FL | 2.0 | 2.0 | 907 | $1,650 | $1.82 | 30d | 1 | 0.21mi |
| 341 Piedmont H Unit H Delray Beach, FL | 2.0 | 2.0 | 907 | $1,650 | $1.82 | 37d | 1 | 0.21mi |
| 341 Piedmont H Unit H Delray Beach, FL | 2.0 | 2.0 | 907 | $1,650 | $1.82 | 63d | 1 | 0.21mi |
| 358 Normandy H Delray Beach, FL | 2.0 | 2.0 | 907 | $2,000 | $2.21 | 24d | 1 | 0.21mi |
| 370 Piedmont Trl Unit 370 Delray Beach, FL | 1.0 | 2.0 | 760 | $1,700 | $2.24 | 73d | 1 | 0.21mi |
Property features AI
Finance
- HOA & community
- HOA with monthly feesMonthly association feeAmenities include clubhouse, fitness center, billiard room, indoor pool, sauna, spa/hot tub, tennis courts, pickleball courts, shuffleboard court, golf course, and libraryCommunity is a senior communityPets not allowedLarge community (about 7,200 units)
Exterior
- Parking
- 1 open parking space
- Utilities
- Public waterPublic sewerThree-phase electric serviceCable available
- Home design
- CondominiumResale condition2-story buildingBuilding CFaces south2/2 stacked floorplan
- Construction
- Built with block/concrete/CBS constructionBuilding area about 1,000 (public records)
- Exterior features
- Not waterfront
Interior
- Kitchen
- DishwasherRefrigeratorElectric water heater
- Bedrooms
- 2 bedrooms on the main level
- Flooring
- Ceramic tileTile flooring
- Bathrooms
- 2 full bathrooms on the main level
- Heating & cooling
- Central electric heatingCentral air conditioningCeiling fans
- Interior features
- Walk-in closetsStacked bedroom layout
- Laundry & utility
- Inside laundry in a laundry closet
Listing history 50 events
-
2026-08-08days on market $89,900 Active 153 DOM
-
2026-08-06days on market $89,900 Active 151 DOM
-
2026-08-05days on market $89,900 Active 150 DOM
-
2026-08-03days on market $89,900 Active 148 DOM
-
2026-07-31days on market $89,900 Active 145 DOM
-
2026-07-24days on market $89,900 Active 138 DOM
-
2026-07-23days on market $89,900 Active 137 DOM
-
2026-07-22days on market $89,900 Active 136 DOM
-
2026-07-21days on market $89,900 Active 135 DOM
-
2026-07-20days on market $89,900 Active 134 DOM
-
2026-07-18days on market $89,900 Active 132 DOM
-
2026-07-16days on market $89,900 Active 130 DOM
-
2026-07-15days on market $89,900 Active 129 DOM
-
2026-07-14days on market $89,900 Active 128 DOM
-
2026-07-13days on market $89,900 Active 127 DOM
-
2026-07-13days on market $89,900 Active 126 DOM
-
2026-07-12days on market $89,900 Active 125 DOM
-
2026-07-10days on market $89,900 Active 124 DOM
-
2026-07-09days on market $89,900 Active 123 DOM
-
2026-07-07days on market $89,900 Active 121 DOM
-
2026-07-06days on market $89,900 Active 120 DOM
-
2026-07-06days on market $89,900 Active 119 DOM
-
2026-07-05days on market $89,900 Active 118 DOM
-
2026-07-03days on market $89,900 Active 117 DOM
-
2026-07-02days on market $89,900 Active 116 DOM
-
2026-07-01days on market $89,900 Active 115 DOM
-
2026-06-30days on market $89,900 Active 114 DOM
-
2026-06-29days on market $89,900 Active 113 DOM
-
2026-06-28days on market $89,900 Active 112 DOM
-
2026-06-27days on market $89,900 Active 111 DOM
-
2026-06-26days on market $89,900 Active 110 DOM
-
2026-06-24days on market $89,900 Active 108 DOM
-
2026-06-22days on market $89,900 Active 106 DOM
-
2026-06-21days on market $89,900 Active 105 DOM
-
2026-06-18days on market $89,900 Active 102 DOM
-
2026-06-17days on market $89,900 Active 101 DOM
-
2026-06-16days on market $89,900 Active 100 DOM
-
2026-06-15days on market $89,900 Active 99 DOM
-
2026-06-13days on market $89,900 Active 97 DOM
-
2026-06-09days on market $89,900 Active 93 DOM
-
2026-06-08days on market $89,900 Active 92 DOM
-
2026-06-07days on market $89,900 Active 91 DOM
-
2026-06-04days on market $89,900 Active 88 DOM
-
2026-06-03days on market $89,900 Active 87 DOM
-
2026-06-02days on market $89,900 Active 86 DOM
-
2026-06-01days on market $89,900 Active 85 DOM
-
2026-05-31days on market $89,900 Active 84 DOM
-
2026-03-07$89,900 Active
-
2017-09-26soldstatus $74,000 Closed 738-char remark
Show marketing remark (738 chars)
Updated Kitchen and Baths in this lovely 2 bedroom condo. Kings Point is one of the finest and vibrant communities offering education, entertainment, recreation and friendship. With over 50 clubs and over 30 classes you'll never run out of things to do. Located in Delray Beach close to all major highways. Kings Point is close to Charming downtown Delray and the beaches. The newly renovated multi million dollar clubhouse is there for all to use. The clubhouse has much to offer like shows, dances, concerts, movies, library, Barber and Restaurant all on site. Get around town easily with Kings Point's courtesy buses. Owner can close in a timely manner. Come and see this unit as it will not last long. http://www. kingspointdelray.com
-
2017-08-03historical Active Under Contract 738-char remark
Show marketing remark (738 chars)
Updated Kitchen and Baths in this lovely 2 bedroom condo. Kings Point is one of the finest and vibrant communities offering education, entertainment, recreation and friendship. With over 50 clubs and over 30 classes you'll never run out of things to do. Located in Delray Beach close to all major highways. Kings Point is close to Charming downtown Delray and the beaches. The newly renovated multi million dollar clubhouse is there for all to use. The clubhouse has much to offer like shows, dances, concerts, movies, library, Barber and Restaurant all on site. Get around town easily with Kings Point's courtesy buses. Owner can close in a timely manner. Come and see this unit as it will not last long. http://www. kingspointdelray.com
ⓘ 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
- $353 · $29/mo
- Projected year-2 tax
- $746 · $62/mo
- Expected delta
- +$393/yr (+$33/mo · 111.3%)
ⓘ 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 9/10 Extreme 6 d/yr ≥107°F today · 22 d/yr by 30 yrs out
- Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
- Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 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
- $24,346
- − Mortgage interest
- −$5,036
- − Property taxes
- −$353
- − Insurance
- −$450
- − Repairs & maintenance
- −$1,948
- − Management
- −$1,948
- − HOA
- −$8,928
- − Depreciation
- −$2,615
- Taxable income
- $3,069
- Est. tax owed @ 24.0%
- −$737
- After-tax cash flow
- $3,109/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.
Condition & rehab AI · 10 photos
The property is in fair condition with neutral-colored tiling and walls. However, it requires major landscaping and painting to enhance its curb appeal and overall appearance.
Components & finishes AI
Repairs flagged
- Major Landscaping — Overgrown bushes and unkempt lawn need trimming and maintenance
Value-add opportunities
- Both Landscaping and garden maintenance — A well-maintained garden and landscaping can significantly enhance curb appeal and attract potential buyers or renters ↑
- Both Painting — Painting the exterior and interior can refresh the home's appearance and make it more appealing to potential buyers or renters ↑
- Both HVAC maintenance — A well-maintained HVAC system ensures comfort and energy efficiency, which can attract potential buyers or renters ↑
ⓘ Rehab cost is a screening estimate — Moderate scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
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
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Palm Beach County · 1,637,487 people
- City population
- 123,167
- Metro
- Miami-Fort Lauderdale-Pompano Beach, FL
- Population (ZIP)
- 26,208
- Household income
- $62,151
- Rent vs Own
- Severe rent burden
- 16% of renters
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
-9.1% since first listed17 events — show timeline
- 2026-03-07 Listed $89,900 Beaches MLS
- 2017-09-26 Sold (MLS) $74,000 Beaches MLS
- 2017-08-03 Contingent — Beaches MLS
- 2017-07-19 Relisted — Beaches MLS
- 2017-07-19 Contingent — Beaches MLS
- 2017-06-01 Price Changed $74,900 Beaches MLS
- 2017-05-11 Price Changed $79,900 Beaches MLS
- 2017-04-13 Listed $84,900 Beaches MLS
- 2011-02-02 Sold (Public Records) $22,000 Public Records
- 2006-04-26 Listing Removed — Beaches MLS
- 2006-03-28 Listed $179,900 Beaches MLS
- 2006-03-23 Listing Removed — Beaches MLS
- 2005-09-21 Listed $179,900 Beaches MLS
- 2005-04-07 Sold (Public Records) $84,750 Public Records
- 2005-03-31 Sold (MLS) $84,750 Beaches MLS
- 2005-02-22 Listing Removed — Beaches MLS
- 2005-02-21 Listed $98,900 Beaches MLS
Property tax history
-3.8%/yrLatest (2025): $353 · +5.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…