140 Lake Nancy Ln #112 · West Palm Beach, FL 33411

$165,000

2 bd · 2.0 ba · 945 sqft · Condo public records · 211 Days on market

Built 1985 $915/mo HOA · 47% 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).

• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• 1% rule +6.9/10.0
• Schools +4.3/10.0
• Livability +4.1/5.0
• Cash flow +3.3/30.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• DSCR +0.0/10.0

Listing remarks MLS

PRICED TO SELL! * * FIRST FLOOR UNIT FEATURING A BEAUTIFUL REMODELED KITCHEN WITH WHITE SHAKER CABINETS GRANITE COUNTERTOP & STAINLESS STEELE APPLIANCES * * 24'' X 24'' PORCELINE TILE THROUGHOUT * * NEW TRANE A/C INSTALLED 2023 * * NEW RHEEM HOT WATER HEATER INSTALLED 2023 * * CONDO HAS INTERIOR BOSCH WASHER & DRYER * * REAR PATIO OVERLOOKS LAKE * * WALK OUT YOUR BACK PATIO DOOR TO THE POOL ONLY 50 YARDS AWAY * * CONDO FEE INCLUDES ROOF, WATER, DIGITAL CABLE & HBO * * THIS UNIT IS A MUST SEE!!

Key facts

• Lakefront living
• Screened patio
• Community pool

Tags

• LAKEFRONT LIVING
• COMMUNITY POOL
• SCREENED PATIO
• 24 INCH PORCELAIN TILE
• NEW TRANE AIR-CONDITIONING
• NEW RHEEM HOT WATER HEATER

Property features AI

Finance

• Financial info: Pets allowed (restrictions may apply)
• HOA & community: Monthly association fee; Association amenities include: Billiard room, Clubhouse, Elevators, Fitness center, Game room, Management, Pool, Shuffleboard court, Spa/Hot Tub, Tennis courts, On-site manager, Business center, Cafe/Restaurant, Community room, Courtesy bus, Pickleball courts

Exterior

• Parking: Assigned parking
• Security: Gated with guard
• Utilities: Public water; Public sewer; Three-phase electric; Cable available
• Home design: Condominium; Resale unit; Faces west; 4-story building; Entry level unit
• Construction: Concrete construction
• Exterior features: Patio; Screened patio; Waterfront

Interior

• Kitchen: Dishwasher; Electric range; Microwave; Refrigerator
• Bedrooms: 2 bedrooms on the main level
• Bathrooms: 2 full bathrooms on the main level
• Heating & cooling: Central electric heating; Central air conditioning; Ceiling fans
• Interior features: Gated community with guard; Screened patio
• Laundry & utility: Inside laundry with washer hookup

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $165k.

Deal economics

• At list price, monthly cash flow is $-513 ($-6k/yr) — negative.
• To cash-flow at today's rent, offer at most $74k (54.9% below list).
• Meets the 1% rule at list price ($2k rent vs $165k).
• Recommended offer: $74k (54.9% below list) — sets the bar for cash-flow.
• Cap rate 2.6% vs local median 3.8% in West Palm Beach — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

Location & tenants

• Location reads 82/100 on livability (#75 in FL, #1,255 nationally) — a professional / high-income tenant draw. Strengths: commute A+, housing A+, health & safety A+; Watch: employment C-, crime 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: Benoist Farms Elementary School (math 22% / reading 28%, grade F, #2,030 of 2,144 statewide, top 95%, 421 students, 80% FRL); Jeaga Middle School (math 18% / reading 30%, grade F, #532 of 571 statewide, top 94%, 941 students, 78% FRL); Royal Palm Beach High School (math 22% / reading 38%, grade F, #441 of 667 statewide, top 67%, 2,343 students, 57% 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 26% at this address vs 50% district-wide (-23 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 flat; 574 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 18d 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).

Forward outlook

• In year one you build about $18k of equity ($1k loan paydown + $16k appreciation (10.0% local appreciation)).
• Palm Beach County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 3, paydown + projected appreciation supports a ~$45k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 211 days — a 12% lower offer ($145k) is reasonable based on typical stale-listing flexibility.
• 11 sale attempts since 25y ago; this cycle's ask has dropped $10k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: HOA is 47% of rent.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $74,397 (54.9% 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 211 days. Have you received any prior offers? Is the seller open to a 55% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. 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?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Crime grade is F 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?
8. 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?
9. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
10. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
11. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
12. 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.
13. 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.
14. 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: 1.19% ✓
• Cap rate: 2.56%
• Cash-on-cash: -13.32%
• DSCR: 0.41
• GRM: 7.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

10.0% appreciation · 0.85% rent growth · sell at horizon

5-year hold

• IRR: 14.1%
• Equity multiple: 2.16×
• Total profit: $53,647
• Equity at exit: $148,645

10-year hold

• IRR: 13.5%
• Equity multiple: 4.83×
• Total profit: $177,158
• Equity at exit: $320,559

Cash invested: $46,200 (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 33411

• Home prices YoY: 1.9%
• Rents YoY: 0.8%
• Active inventory: 574
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $1,957 high
• Mortgage (P&I): −$865
• Tax from tax record: −$210 /mo · $2,517/yr
• Insurance: −$69
• HOA: −$915
• Vacancy / Maint / Mgmt: −$411
• Net cashflow: $-513

Break-even live

Break-even rent $2,606

Max offer price $74,397

Occupancy floor —

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: $41,250
• Closing costs: $4,950
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1139 Lake Terry Dr Unit A West Palm Beach, FL	3.0	2.0	918	$2,300	$2.51	20d	1	0.12mi
108 Lake Nancy Dr West Palm Beach, FL	2.0	2.0	967	$1,800	$1.86	24d	1	0.16mi
1153 Lake Victoria Dr Royal Palm Beach, FL	2.0	1.0	708	$1,725	$2.44	24d	1	0.17mi
1477 Lake Crystal Dr Unit D West Palm Beach, FL	2.0	2.0	928	$1,975	$2.13	17d	1	0.18mi
1465 Lake Crystal Dr Unit A West Palm Beach, FL	2.0	2.0	904	$1,900	$2.10	2d	1	0.21mi
221 Lake Meryl Dr West Palm Beach, FL	2.0	2.0	1000	$1,550	$1.55	24d	1	0.26mi
1455 Lake Crystal Dr Unit H West Palm Beach, FL	2.0	2.0	904	$1,850	$2.05	14d	1	0.26mi
1455 Lake Crystal Dr Unit H West Palm Beach, FL	2.0	2.0	904	$1,850	$2.05	15d	1	0.26mi
1525 Lake Crystal Dr Unit C West Palm Beach, FL	2.0	2.0	904	$1,800	$1.99	7d	1	0.27mi
1453 Lake Crystal Dr Unit D West Palm Beach, FL	2.0	2.0	904	$1,900	$2.10	14d	1	0.27mi
1020 Lake Victoria Dr Unit B West Palm Beach, FL	3.0	2.0	922	$2,200	$2.39	17d	1	0.28mi
1215 N Benoist Farms Rd #203 West Palm Beach, FL	2.0	1.0	708	$1,750	$2.47	24d	1	0.29mi
1203 N Benoist Farms Rd #107 West Palm Beach, FL	1.0	1.0	530	$1,480	$2.79	18d	1	0.30mi
1203 N Benoist Farms Rd #107 West Palm Beach, FL	1.0	1.0	530	$1,480	$2.79	24d	1	0.30mi
1440 Windorah Way Unit D West Palm Beach, FL	2.0	2.0	904	$1,900	$2.10	4d	1	0.30mi
1545 Lake Crystal Dr Unit D West Palm Beach, FL	1.0	1.0	700	$1,675	$2.39	14d	1	0.31mi
1133 Golden Lakes Blvd #813 West Palm Beach, FL	3.0	2.0	999	$2,050	$2.05	24d	1	0.32mi
1133 Golden Lakes Blvd #813 West Palm Beach, FL	3.0	2.0	999	$2,050	$2.05	3d	1	0.32mi
1133 Golden Lakes Blvd #813 West Palm Beach, FL	3.0	2.0	1054	$1,950	$1.85	5d	1	0.32mi
1542 Lake Crystal Dr Unit H West Palm Beach, FL	2.0	2.0	900	$1,900	$2.11	24d	1	0.32mi
1542 Lake Crystal Dr Unit H West Palm Beach, FL	2.0	2.0	900	$1,900	$2.11	22d	1	0.32mi
1500 Windorah Way Unit D West Palm Beach, FL	2.0	2.0	904	$1,850	$2.05	24d	1	0.32mi
1500 Windorah Way Unit D West Palm Beach, FL	2.0	2.0	904	$1,850	$2.05	7d	1	0.32mi
1547 Lake Crystal Dr Unit A West Palm Beach, FL	2.0	2.0	900	$1,900	$2.11	14d	1	0.33mi
1547 Lake Crystal Dr Unit A West Palm Beach, FL	2.0	2.0	900	$1,950	$2.17	24d	1	0.33mi
1421 Windorah Way Unit E West Palm Beach, FL	2.0	2.0	904	$1,975	$2.18	15d	1	0.33mi
1421 Windorah Way Unit E West Palm Beach, FL	2.0	2.0	904	$1,975	$2.18	24d	1	0.33mi
1103 Golden Lakes Blvd #1013 West Palm Beach, FL	3.0	2.0	999	$2,000	$2.00	3d	1	0.34mi
1103 Golden Lakes Blvd #1011 West Palm Beach, FL	3.0	2.0	999	$2,100	$2.10	24d	1	0.34mi
959 Lake Terry Dr West Palm Beach, FL	3.0	2.0	900	$2,000	$2.22	24d	1	0.34mi
138 Lake Frances Dr West Palm Beach, FL	2.0	2.0	812	$1,845	$2.27	24d	1	0.35mi
1461 Windorah Way Unit E West Palm Beach, FL	2.0	2.0	904	$1,900	$2.10	7d	1	0.35mi
1540 Windorah Way Unit D West Palm Beach, FL	2.0	2.0	904	$1,850	$2.05	18d	1	0.35mi
1063 Golden Lakes Blvd #322 West Palm Beach, FL	3.0	2.0	999	$2,000	$2.00	14d	1	0.36mi
1564 Lake Crystal Dr Unit F West Palm Beach, FL	2.0	2.0	904	$1,850	$2.05	17d	1	0.37mi
161 Lake Frances Dr Unit 161 West Palm Beach, FL	1.0	1.5	704	$1,430	$2.03	7d	1	0.37mi
1101 N Benoist Farms Rd #106 West Palm Beach, FL	2.0	1.0	708	$1,700	$2.40	24d	1	0.38mi
1080 N Benoist Farms Rd #204 West Palm Beach, FL	2.0	1.0	708	$1,500	$2.12	17d	1	0.40mi
1760 Windorah Way Unit H West Palm Beach, FL	2.0	1.0	904	$1,850	$2.05	24d	1	0.42mi
1561 Windorah Way Unit A West Palm Beach, FL	2.0	2.0	904	$1,900	$2.10	14d	1	0.42mi

HOA detail condo

• Monthly dues: $915 · $10,980/yr
• Likely covers: watercablepool
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 50 events

1. 2026-06-18
   days on market $165,000 Active 211 DOM
2. 2026-06-17
   days on market $165,000 Active 210 DOM
3. 2026-06-16
   days on market $165,000 Active 209 DOM
4. 2026-06-15
   days on market $165,000 Active 208 DOM
5. 2026-06-13
   days on market $165,000 Active 206 DOM
6. 2026-06-09
   days on market $165,000 Active 202 DOM
7. 2026-06-07
   days on market $165,000 Active 200 DOM
8. 2026-06-04
   days on market $165,000 Active 197 DOM
9. 2026-06-03
   days on market $165,000 Active 196 DOM
10. 2026-06-01
    days on market $165,000 Active 194 DOM
11. 2026-05-31
    days on market $165,000 Active 193 DOM
12. 2026-01-05
    price $165,000
13. 2025-11-19
    listed $175,000 Active
14. 2025-11-14
    historical
15. 2025-10-25
    price $184,000
16. 2025-09-09
    price $189,000
17. 2025-08-23
    price $196,000
18. 2025-08-06
    listed $200,000 Active
19. 2024-10-01
    soldstatus $159,000
20. 2024-09-25
    soldstatus $159,000 Closed 528-char remark

    Show marketing remark (528 chars)

    PRICED TO SELL! * * FIRST FLOOR UNIT FEATURING A BEAUTIFUL REMODELED KITCHEN WITH WHITE SHAKER CABINETS GRANITE COUNTERTOP & STAINLESS STEELE APPLIANCES * * 24'' X 24'' PORCELINE TILE THROUGHOUT * * NEW TRANE A/C INSTALLED 2023 * * NEW RHEEM HOT WATER HEATER INSTALLED 2023 * * CONDO HAS INTERIOR BOSCH WASHER & DRYER * * REAR PATIO OVERLOOKS LAKE * * WALK OUT YOUR BACK PATIO DOOR TO THE POOL ONLY 50 YARDS AWAY * * CONDO FEE INCLUDES ROOF, WATER, DIGITAL CABLE & HBO * * THIS UNIT IS A MUST SEE!!

21. 2024-08-27
    historical Active Under Contract 528-char remark

    Show marketing remark (528 chars)

    PRICED TO SELL! * * FIRST FLOOR UNIT FEATURING A BEAUTIFUL REMODELED KITCHEN WITH WHITE SHAKER CABINETS GRANITE COUNTERTOP & STAINLESS STEELE APPLIANCES * * 24'' X 24'' PORCELINE TILE THROUGHOUT * * NEW TRANE A/C INSTALLED 2023 * * NEW RHEEM HOT WATER HEATER INSTALLED 2023 * * CONDO HAS INTERIOR BOSCH WASHER & DRYER * * REAR PATIO OVERLOOKS LAKE * * WALK OUT YOUR BACK PATIO DOOR TO THE POOL ONLY 50 YARDS AWAY * * CONDO FEE INCLUDES ROOF, WATER, DIGITAL CABLE & HBO * * THIS UNIT IS A MUST SEE!!

22. 2024-07-27
    price $159,000 528-char remark

    Show marketing remark (528 chars)

    PRICED TO SELL! * * FIRST FLOOR UNIT FEATURING A BEAUTIFUL REMODELED KITCHEN WITH WHITE SHAKER CABINETS GRANITE COUNTERTOP & STAINLESS STEELE APPLIANCES * * 24'' X 24'' PORCELINE TILE THROUGHOUT * * NEW TRANE A/C INSTALLED 2023 * * NEW RHEEM HOT WATER HEATER INSTALLED 2023 * * CONDO HAS INTERIOR BOSCH WASHER & DRYER * * REAR PATIO OVERLOOKS LAKE * * WALK OUT YOUR BACK PATIO DOOR TO THE POOL ONLY 50 YARDS AWAY * * CONDO FEE INCLUDES ROOF, WATER, DIGITAL CABLE & HBO * * THIS UNIT IS A MUST SEE!!

23. 2024-07-27
    price $155,000 528-char remark

    Show marketing remark (528 chars)

    PRICED TO SELL! * * FIRST FLOOR UNIT FEATURING A BEAUTIFUL REMODELED KITCHEN WITH WHITE SHAKER CABINETS GRANITE COUNTERTOP & STAINLESS STEELE APPLIANCES * * 24'' X 24'' PORCELINE TILE THROUGHOUT * * NEW TRANE A/C INSTALLED 2023 * * NEW RHEEM HOT WATER HEATER INSTALLED 2023 * * CONDO HAS INTERIOR BOSCH WASHER & DRYER * * REAR PATIO OVERLOOKS LAKE * * WALK OUT YOUR BACK PATIO DOOR TO THE POOL ONLY 50 YARDS AWAY * * CONDO FEE INCLUDES ROOF, WATER, DIGITAL CABLE & HBO * * THIS UNIT IS A MUST SEE!!

24. 2024-07-12
    price $175,000 528-char remark

    Show marketing remark (528 chars)

    PRICED TO SELL! * * FIRST FLOOR UNIT FEATURING A BEAUTIFUL REMODELED KITCHEN WITH WHITE SHAKER CABINETS GRANITE COUNTERTOP & STAINLESS STEELE APPLIANCES * * 24'' X 24'' PORCELINE TILE THROUGHOUT * * NEW TRANE A/C INSTALLED 2023 * * NEW RHEEM HOT WATER HEATER INSTALLED 2023 * * CONDO HAS INTERIOR BOSCH WASHER & DRYER * * REAR PATIO OVERLOOKS LAKE * * WALK OUT YOUR BACK PATIO DOOR TO THE POOL ONLY 50 YARDS AWAY * * CONDO FEE INCLUDES ROOF, WATER, DIGITAL CABLE & HBO * * THIS UNIT IS A MUST SEE!!

25. 2024-07-12
    price $160,000 528-char remark

    Show marketing remark (528 chars)

    PRICED TO SELL! * * FIRST FLOOR UNIT FEATURING A BEAUTIFUL REMODELED KITCHEN WITH WHITE SHAKER CABINETS GRANITE COUNTERTOP & STAINLESS STEELE APPLIANCES * * 24'' X 24'' PORCELINE TILE THROUGHOUT * * NEW TRANE A/C INSTALLED 2023 * * NEW RHEEM HOT WATER HEATER INSTALLED 2023 * * CONDO HAS INTERIOR BOSCH WASHER & DRYER * * REAR PATIO OVERLOOKS LAKE * * WALK OUT YOUR BACK PATIO DOOR TO THE POOL ONLY 50 YARDS AWAY * * CONDO FEE INCLUDES ROOF, WATER, DIGITAL CABLE & HBO * * THIS UNIT IS A MUST SEE!!

26. 2024-07-11
    status Active 528-char remark

    Show marketing remark (528 chars)

    PRICED TO SELL! * * FIRST FLOOR UNIT FEATURING A BEAUTIFUL REMODELED KITCHEN WITH WHITE SHAKER CABINETS GRANITE COUNTERTOP & STAINLESS STEELE APPLIANCES * * 24'' X 24'' PORCELINE TILE THROUGHOUT * * NEW TRANE A/C INSTALLED 2023 * * NEW RHEEM HOT WATER HEATER INSTALLED 2023 * * CONDO HAS INTERIOR BOSCH WASHER & DRYER * * REAR PATIO OVERLOOKS LAKE * * WALK OUT YOUR BACK PATIO DOOR TO THE POOL ONLY 50 YARDS AWAY * * CONDO FEE INCLUDES ROOF, WATER, DIGITAL CABLE & HBO * * THIS UNIT IS A MUST SEE!!

27. 2024-07-09
    historical 528-char remark

    Show marketing remark (528 chars)

    PRICED TO SELL! * * FIRST FLOOR UNIT FEATURING A BEAUTIFUL REMODELED KITCHEN WITH WHITE SHAKER CABINETS GRANITE COUNTERTOP & STAINLESS STEELE APPLIANCES * * 24'' X 24'' PORCELINE TILE THROUGHOUT * * NEW TRANE A/C INSTALLED 2023 * * NEW RHEEM HOT WATER HEATER INSTALLED 2023 * * CONDO HAS INTERIOR BOSCH WASHER & DRYER * * REAR PATIO OVERLOOKS LAKE * * WALK OUT YOUR BACK PATIO DOOR TO THE POOL ONLY 50 YARDS AWAY * * CONDO FEE INCLUDES ROOF, WATER, DIGITAL CABLE & HBO * * THIS UNIT IS A MUST SEE!!

28. 2024-06-22
    listed $175,000 Active 528-char remark

    Show marketing remark (528 chars)

    PRICED TO SELL! * * FIRST FLOOR UNIT FEATURING A BEAUTIFUL REMODELED KITCHEN WITH WHITE SHAKER CABINETS GRANITE COUNTERTOP & STAINLESS STEELE APPLIANCES * * 24'' X 24'' PORCELINE TILE THROUGHOUT * * NEW TRANE A/C INSTALLED 2023 * * NEW RHEEM HOT WATER HEATER INSTALLED 2023 * * CONDO HAS INTERIOR BOSCH WASHER & DRYER * * REAR PATIO OVERLOOKS LAKE * * WALK OUT YOUR BACK PATIO DOOR TO THE POOL ONLY 50 YARDS AWAY * * CONDO FEE INCLUDES ROOF, WATER, DIGITAL CABLE & HBO * * THIS UNIT IS A MUST SEE!!

29. 2016-09-26
    soldstatus $64,000
30. 2016-09-12
    soldstatus $64,000 Closed
31. 2016-07-26
    historical Contingent
32. 2016-06-19
    listed $64,700 Active
33. 2013-10-02
    soldstatus $41,000
34. 2013-09-30
    soldstatus $41,000 Closed
35. 2013-07-22
    status Pending
36. 2013-07-11
    listed $45,000 Active
37. 2013-07-04
    historical
38. 2013-01-03
    listed $45,000 Active
39. 2008-11-19
    historical
40. 2008-06-24
    listed $89,990
41. 2002-07-22
    soldstatus $57,000
42. 2002-06-21
    soldstatus $57,000
43. 2002-05-29
    historical
44. 2002-04-05
    historical
45. 2002-04-05
    listed $59,900
46. 2002-03-17
    listed $59,900
47. 2001-07-10
    soldstatus $35,000
48. 2001-06-18
    soldstatus $35,000
49. 2001-05-21
    historical
50. 2001-04-17
    listed $37,500

ⓘ 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: $2,517 · $210/mo
• Projected year-2 tax: $2,517 · $210/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 9/10 Extreme 7 d/yr ≥106°F today · 25 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 · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,482
• − Mortgage interest: −$9,243
• − Property taxes: −$2,517
• − Insurance: −$825
• − Repairs & maintenance: −$1,879
• − Management: −$1,879
• − HOA: −$10,980
• − Depreciation: −$4,800
• Taxable loss: −$8,640
• Est. tax savings @ 24.0%: +$2,074
• After-tax cash flow: $-4,081/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 — West Palm Beach

• Score: 82/100
• State rank: #75
• US rank: #1255

Category grades

Amenities A- Commute A+ Cost of living B- Crime F Employment C- 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: 222,012
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 76,863
• Household income: $92,591
• Rent vs Own: 20.5% rent · 79.5% own
• Severe rent burden: 1870.0

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: White 44% Hispanic / Latino 24% Black 23% Two or more races 16% Asian 5%
• Hispanic origin (detail): Mexican 2% Puerto Rican 5% Cuban 4% Dominican 2%
• Common ancestry: Hispanic 6% Romanian 2% Italian 1%
• Foreign-born: 26% · Canada, Jamaica, China
• Languages at home: 73% English-only · Spanish 17% French/Haitian/Cajun 4% 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: ▲ 17.04%
• Current HPI: 903.78
• Rent YoY: ▲ 0.85%
• 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

+230.0% since first listed

40 events — show timeline

• 2026-01-05 Price Changed $165,000 Beaches MLS
• 2025-11-19 Listed $175,000 Beaches MLS
• 2025-11-14 Listing Removed — MARMLS
• 2025-10-25 Price Changed $184,000 MARMLS
• 2025-09-09 Price Changed $189,000 MARMLS
• 2025-08-23 Price Changed $196,000 MARMLS
• 2025-08-06 Listed $200,000 MARMLS
• 2024-10-01 Sold (Public Records) $159,000 Public Records
• 2024-09-25 Sold (MLS) $159,000 Beaches MLS
• 2024-08-27 Contingent — Beaches MLS
• 2024-07-27 Price Changed $159,000 Beaches MLS
• 2024-07-27 Price Changed $155,000 Beaches MLS
• 2024-07-12 Price Changed $175,000 Beaches MLS
• 2024-07-12 Price Changed $160,000 Beaches MLS
• 2024-07-11 Relisted — Beaches MLS
• 2024-07-09 Listing Removed — Beaches MLS
• 2024-06-22 Listed $175,000 Beaches MLS
• 2016-09-26 Sold (Public Records) $64,000 Public Records
• 2016-09-12 Sold (MLS) $64,000 Beaches MLS
• 2016-07-26 Contingent — Beaches MLS
• 2016-06-19 Listed $64,700 Beaches MLS
• 2013-10-02 Sold (Public Records) $41,000 Public Records
• 2013-09-30 Sold (MLS) $41,000 Beaches MLS
• 2013-07-22 Pending — Beaches MLS
• 2013-07-11 Listed $45,000 Beaches MLS
• 2013-07-04 Listing Removed — Beaches MLS
• 2013-01-03 Listed $45,000 Beaches MLS
• 2008-11-19 Listing Removed — Beaches MLS
• 2008-06-24 Listed $89,990 Beaches MLS
• 2002-07-22 Sold (Public Records) $57,000 Public Records
• 2002-06-21 Sold (MLS) $57,000 Beaches MLS
• 2002-05-29 Listing Removed — Beaches MLS
• 2002-04-05 Listed $59,900 Beaches MLS
• 2002-04-05 Listing Removed — Beaches MLS
• 2002-03-17 Listed $59,900 Beaches MLS
• 2001-07-10 Sold (Public Records) $35,000 Public Records
• 2001-06-18 Sold (MLS) $35,000 Beaches MLS
• 2001-05-21 Listing Removed — Beaches MLS
• 2001-04-17 Listed $37,500 Beaches MLS
• 1989-09-26 Sold (Public Records) $50,000 Public Records

Property tax history

+8.6%/yr

Latest (2025): $2,517 · +331.2% YoY. Source: county tax records.