511 Fanshaw M #511 · Boca Raton, 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)
- 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
- 2 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 +17.7/30.0
- 1% rule +10.0/10.0
- ARV discount +7.5/15.0
- DSCR +5.5/10.0
- Schools +4.3/10.0
- Livability +3.9/5.0
- Rent growth +3.0/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$74,999
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
WELL APPOINTED GROUND FLOOR APARTMENT. NEWER KITCHEN AND APPLIANCES.BATH TUB HAS BEEN CONVERTED TO WALK IN SHOWER.TWO NEWER WALL UNIT AIR CONDITIONERS. BEAUTIFUL LAKEVIEW FROM PATIO.
Key facts
- Screened patio
- Fitness center
- Clubhouse
Tags
Property features AI
Finance
- Financial info: Pets not allowed
- HOA & community: Monthly association fee; Association amenities include pool(s), laundry, security, maintenance of grounds and structure, and common areas; Additional community amenities: bike storage, business center, trails; Senior community
Exterior
- Parking: One parking space
- Security: Complex is fenced
- Utilities: Cooling and heating present
- Home design: Attached property; 3-story building; Entry on level 1; Effective year built
- Construction: Block construction
- Exterior features: Courtyard; Lakefront property; Has a view
Interior
- Kitchen: Garbage disposal
- Bedrooms: Bedroom on main level
- Flooring: Laminate flooring
- Bathrooms: 1 full bathroom
- Heating & cooling: Wall/window cooling unit(s); Electric heating; Wall furnace
- Interior features: First-floor entry; Bedroom located on the main level
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/1.0-bath condo listed at $75k.
Deal economics
- At list price, monthly cash flow is $60 ($721/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $75k).
- Recommended offer: $70k (6.0% below list) — sets the bar for market timing.
- Cap rate 7.3% vs local median 2.8% in Boca Raton — 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 (#192 in FL, #3,070 nationally) — a middle-class / working-renter tenant base. Strengths: schools A+, employment A+, health & safety A+; Watch: amenities D, cost of living 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.
- Market conditions: Rents rising (+1.8%/yr); 418 active listings in the ZIP; 39 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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
- Local home prices are declining (-3.0%/yr); year-one equity from $518 of loan paydown is wiped out by about $2k 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 64 days — a 6% lower offer ($70k) is reasonable based on typical stale-listing flexibility.
- 6 sale attempts since 12y 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 $52k; 44% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Watch-outs: HOA is 44% 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 64 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 A-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?
- 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
- 2.23% ✓
- Cap rate
- 7.25%
- Cash-on-cash
- 3.43%
- DSCR
- 1.15
- GRM
- 3.7
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 1.81% rent growth · sell at horizon
- IRR
- -13.3%
- Equity multiple
- 0.53×
- Total profit
- $-9,824
- Equity at exit
- $11,183
- IRR
- -8.0%
- Equity multiple
- 0.54×
- Total profit
- $-9,596
- Equity at exit
- $6,485
Cash invested: $21,000 (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 33434
- Rents YoY
- 1.8%
- Active inventory
- 418
- Price-to-rent
- 3.7×
Monthly cashflow live
- Estimated rent
- $1,671 high interval (Pro) →
- Mortgage (P&I)
- −$393
- Tax est. 1.5%
- −$94 /mo · $1,125/yr
- Insurance
- −$31
- HOA
- −$742
- Vacancy / Maint / Mgmt
- −$351
- Net cashflow
- $60
Break-even live
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
- $18,750
- Closing costs
- $2,250
- 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 39 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 454 Fanshaw K Unit K Boca Raton, FL | 1.0 | 1.5 | 715 | $1,500 | $2.10 | 15d | 1 | 0.03mi |
| 96 Fanshaw C Boca Raton, FL | 1.0 | 1.5 | 702 | $1,650 | $2.35 | 15d | 1 | 0.03mi |
| 119 Fanshaw C Unit 119 Boca Raton, FL | 1.0 | 1.0 | 585 | $1,299 | $2.22 | 24d | 1 | 0.04mi |
| 147 Fanshaw D Boca Raton, FL | 1.0 | 1.0 | 601 | $1,350 | $2.25 | 24d | 1 | 0.04mi |
| 8 Fanshaw Dr Unit 8 Boca Raton, FL | 1.0 | 1.0 | 585 | $1,300 | $2.22 | 7d | 1 | 0.14mi |
| 82 Fanshaw Dr Unit 82 Boca Raton, FL | 1.0 | 1.5 | 702 | $1,250 | $1.78 | 24d | 1 | 0.24mi |
| 4014 Newcastle A Unit A Boca Raton, FL | 1.0 | 1.5 | 738 | $1,495 | $2.03 | 24d | 1 | 0.34mi |
| 3031 Cornwall B Boca Raton, FL | 1.0 | 1.5 | 738 | $1,550 | $2.10 | 24d | 1 | 0.36mi |
| 4008 Cornwall a Boca Raton, FL | 1.0 | 1.5 | 738 | $1,600 | $2.17 | 24d | 1 | 0.37mi |
| 3014 Cornwall a Boca Raton, FL | 1.0 | 1.5 | 738 | $1,650 | $2.24 | 1d | 1 | 0.39mi |
| 2052 Cornwall Dr Unit 2052 Boca Raton, FL | 1.0 | 1.5 | 738 | $3,150 | $4.27 | 24d | 1 | 0.39mi |
| 3014 Cornwall a Boca Raton, FL | 1.0 | 1.5 | 738 | $1,775 | $2.41 | 2d | 1 | 0.39mi |
| 3070 Cornwall D Boca Raton, FL | 1.0 | 1.5 | 738 | $3,200 | $4.34 | 24d | 1 | 0.39mi |
| 321 Dorset Dr Boca Raton, FL | 1.0 | 1.5 | 720 | $1,590 | $2.21 | 24d | 1 | 0.41mi |
| 4074 Cornwall D Boca Raton, FL | 1.0 | 1.5 | 738 | $1,450 | $1.96 | 24d | 1 | 0.42mi |
| 534 Mansfield M #534 Boca Raton, FL | 1.0 | 1.5 | 715 | $1,300 | $1.82 | 24d | 1 | 0.43mi |
| 86 Mansfield C Unit C Boca Raton, FL | 1.0 | 1.5 | 720 | $1,700 | $2.36 | 11d | 1 | 0.43mi |
| 119 Dorset Dr Unit 119 Boca Raton, FL | 1.0 | 1.0 | 600 | $1,400 | $2.33 | 24d | 1 | 0.44mi |
| 77 Preston Way #77 Boca Raton, FL | 1.0 | 1.0 | 600 | $1,450 | $2.42 | 22d | 1 | 0.47mi |
| 77 Preston Way #77 Boca Raton, FL | 1.0 | 1.0 | 600 | $1,350 | $2.25 | 7d | 1 | 0.47mi |
| 457 Mansfield I Unit 457 Boca Raton, FL | 1.0 | 1.5 | 720 | $1,700 | $2.36 | 3d | 1 | 0.51mi |
| 359 Brighton I Unit I Boca Raton, FL | 1.0 | 1.5 | 735 | $1,550 | $2.11 | 24d | 1 | 0.53mi |
| 129 Brighton D Boca Raton, FL | 1.0 | 1.5 | 720 | $1,300 | $1.81 | 24d | 1 | 0.53mi |
| 517 Mansfield M Unit 517 Boca Raton, FL | 1.0 | 1.5 | 715 | $1,550 | $2.17 | 24d | 1 | 0.55mi |
| 251 Brighton Dr Unit 251 Boca Raton, FL | 1.0 | 1.5 | 720 | $1,450 | $2.01 | 7d | 1 | 0.55mi |
| 156 Brighton Dr Unit 156 Boca Raton, FL | 1.0 | 1.5 | 720 | $1,350 | $1.88 | 24d | 1 | 0.55mi |
| 22 Brighton Dr Unit 22 Boca Raton, FL | 1.0 | 1.0 | 600 | $1,300 | $2.17 | 7d | 1 | 0.56mi |
| 314 Brighton H Unit H Boca Raton, FL | 1.0 | 1.5 | 720 | $1,500 | $2.08 | 14d | 1 | 0.57mi |
| 251 Brighton F Boca Raton, FL | 1.0 | 1.5 | 720 | $1,450 | $2.01 | 24d | 1 | 0.57mi |
| 474 Mansfield L Unit L Boca Raton, FL | 1.0 | 1.5 | 720 | $1,400 | $1.94 | 10d | 1 | 0.57mi |
| 91 Preston Way Unit 91 Boca Raton, FL | 1.0 | 1.0 | 600 | $1,500 | $2.50 | 24d | 1 | 0.63mi |
| 149 Preston Way #149 Boca Raton, FL | 1.0 | 1.5 | 720 | $1,300 | $1.81 | 2d | 1 | 0.63mi |
| 149 Preston Way #149 Boca Raton, FL | 1.0 | 1.5 | 720 | $1,350 | $1.88 | 24d | 1 | 0.63mi |
| 4067 Yarmouth D Boca Raton, FL | 1.0 | 1.5 | 738 | $1,650 | $2.24 | 3d | 1 | 0.68mi |
| 250 Suffolk F #250 Boca Raton, FL | 1.0 | 1.5 | 720 | $1,450 | $2.01 | 3d | 1 | 0.69mi |
| 171 Suffolk F #171 Boca Raton, FL | 1.0 | 1.5 | 720 | $1,500 | $2.08 | 10d | 1 | 0.69mi |
| 209 Suffolk F Unit F Boca Raton, FL | 1.0 | 1.5 | 720 | $1,400 | $1.94 | 24d | 1 | 0.69mi |
| 68 Suffolk F Unit 68 Boca Raton, FL | 1.0 | 1.5 | 720 | $2,750 | $3.82 | 24d | 1 | 0.69mi |
| 1072 Yarmouth E #1072 Boca Raton, FL | 1.0 | 1.5 | 738 | $1,950 | $2.64 | 24d | 1 | 0.70mi |
HOA detail condo
- Monthly dues
- $742 · $8,904/yr
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 32 events
-
2026-06-18days on market $74,999 Active 64 DOM
-
2026-06-17days on market $74,999 Active 63 DOM
-
2026-06-16days on market $74,999 Active 62 DOM
-
2026-06-15remarks 661-char remark
-
2026-06-15days on market $74,999 Active 61 DOM
-
2026-06-13days on market $74,999 Active 59 DOM
-
2026-06-09days on market $74,999 Active 55 DOM
-
2026-06-08days on market $74,999 Active 54 DOM
-
2026-06-07days on market $74,999 Active 53 DOM
-
2026-06-04days on market $74,999 Active 50 DOM
-
2026-06-03days on market $74,999 Active 49 DOM
-
2026-06-02days on market $74,999 Active 48 DOM
-
2026-06-01days on market $74,999 Active 47 DOM
-
2026-05-31days on market $74,999 Active 46 DOM
-
2026-04-15$74,999 Active
-
2018-10-18soldstatus $52,000 Closed 182-char remark
Show marketing remark (182 chars)
WELL APPOINTED GROUND FLOOR APARTMENT. NEWER KITCHEN AND APPLIANCES.BATH TUB HAS BEEN CONVERTED TO WALK IN SHOWER.TWO NEWER WALL UNIT AIR CONDITIONERS. BEAUTIFUL LAKEVIEW FROM PATIO.
-
2018-09-07status Pending 182-char remark
Show marketing remark (182 chars)
WELL APPOINTED GROUND FLOOR APARTMENT. NEWER KITCHEN AND APPLIANCES.BATH TUB HAS BEEN CONVERTED TO WALK IN SHOWER.TWO NEWER WALL UNIT AIR CONDITIONERS. BEAUTIFUL LAKEVIEW FROM PATIO.
-
2018-05-14$51,500 Active 182-char remark
Show marketing remark (182 chars)
WELL APPOINTED GROUND FLOOR APARTMENT. NEWER KITCHEN AND APPLIANCES.BATH TUB HAS BEEN CONVERTED TO WALK IN SHOWER.TWO NEWER WALL UNIT AIR CONDITIONERS. BEAUTIFUL LAKEVIEW FROM PATIO.
-
2016-06-16soldstatus $39,000 Sold 508-char remark
Show marketing remark (508 chars)
NEW GROUND FLOOR CONDO. LAKE VIEW. COMPLETELY REDONE! NEW KITCHEN, NEW STAINLESS-STEEL APPLIANCES, NEW GRANITE COUNTER TOPS. NEW BATHROOM WITH SHOWER, NEW WALLS AND FLOORS, NEW CEILINGS (ALL POP-CORN REMOVED), NEW WATER HEATER, NEW CLOSETS. POOLS, CLUBHOUSE, SHOWS, PRIVATE BUS, WATER, CABLE, GATED WITH 24-HRS SECURITY ALL INCLUDED WITH ASSOCIATION. TWO ASSOCIATIONS MONTHLY FEES (AS OF 1/1/2016): $167.50 + $248.51 = $416.11. RENTALS ALLOWED AFTER CLOSING!". One Year Warranty on structure/appliances!
-
2016-04-29status Pending 508-char remark
Show marketing remark (508 chars)
NEW GROUND FLOOR CONDO. LAKE VIEW. COMPLETELY REDONE! NEW KITCHEN, NEW STAINLESS-STEEL APPLIANCES, NEW GRANITE COUNTER TOPS. NEW BATHROOM WITH SHOWER, NEW WALLS AND FLOORS, NEW CEILINGS (ALL POP-CORN REMOVED), NEW WATER HEATER, NEW CLOSETS. POOLS, CLUBHOUSE, SHOWS, PRIVATE BUS, WATER, CABLE, GATED WITH 24-HRS SECURITY ALL INCLUDED WITH ASSOCIATION. TWO ASSOCIATIONS MONTHLY FEES (AS OF 1/1/2016): $167.50 + $248.51 = $416.11. RENTALS ALLOWED AFTER CLOSING!". One Year Warranty on structure/appliances!
-
2016-04-19price $39,900 508-char remark
Show marketing remark (508 chars)
NEW GROUND FLOOR CONDO. LAKE VIEW. COMPLETELY REDONE! NEW KITCHEN, NEW STAINLESS-STEEL APPLIANCES, NEW GRANITE COUNTER TOPS. NEW BATHROOM WITH SHOWER, NEW WALLS AND FLOORS, NEW CEILINGS (ALL POP-CORN REMOVED), NEW WATER HEATER, NEW CLOSETS. POOLS, CLUBHOUSE, SHOWS, PRIVATE BUS, WATER, CABLE, GATED WITH 24-HRS SECURITY ALL INCLUDED WITH ASSOCIATION. TWO ASSOCIATIONS MONTHLY FEES (AS OF 1/1/2016): $167.50 + $248.51 = $416.11. RENTALS ALLOWED AFTER CLOSING!". One Year Warranty on structure/appliances!
-
2016-03-30price $44,900 508-char remark
Show marketing remark (508 chars)
NEW GROUND FLOOR CONDO. LAKE VIEW. COMPLETELY REDONE! NEW KITCHEN, NEW STAINLESS-STEEL APPLIANCES, NEW GRANITE COUNTER TOPS. NEW BATHROOM WITH SHOWER, NEW WALLS AND FLOORS, NEW CEILINGS (ALL POP-CORN REMOVED), NEW WATER HEATER, NEW CLOSETS. POOLS, CLUBHOUSE, SHOWS, PRIVATE BUS, WATER, CABLE, GATED WITH 24-HRS SECURITY ALL INCLUDED WITH ASSOCIATION. TWO ASSOCIATIONS MONTHLY FEES (AS OF 1/1/2016): $167.50 + $248.51 = $416.11. RENTALS ALLOWED AFTER CLOSING!". One Year Warranty on structure/appliances!
-
2016-02-21price $47,700 508-char remark
Show marketing remark (508 chars)
NEW GROUND FLOOR CONDO. LAKE VIEW. COMPLETELY REDONE! NEW KITCHEN, NEW STAINLESS-STEEL APPLIANCES, NEW GRANITE COUNTER TOPS. NEW BATHROOM WITH SHOWER, NEW WALLS AND FLOORS, NEW CEILINGS (ALL POP-CORN REMOVED), NEW WATER HEATER, NEW CLOSETS. POOLS, CLUBHOUSE, SHOWS, PRIVATE BUS, WATER, CABLE, GATED WITH 24-HRS SECURITY ALL INCLUDED WITH ASSOCIATION. TWO ASSOCIATIONS MONTHLY FEES (AS OF 1/1/2016): $167.50 + $248.51 = $416.11. RENTALS ALLOWED AFTER CLOSING!". One Year Warranty on structure/appliances!
-
2016-02-01price $48,700 508-char remark
Show marketing remark (508 chars)
NEW GROUND FLOOR CONDO. LAKE VIEW. COMPLETELY REDONE! NEW KITCHEN, NEW STAINLESS-STEEL APPLIANCES, NEW GRANITE COUNTER TOPS. NEW BATHROOM WITH SHOWER, NEW WALLS AND FLOORS, NEW CEILINGS (ALL POP-CORN REMOVED), NEW WATER HEATER, NEW CLOSETS. POOLS, CLUBHOUSE, SHOWS, PRIVATE BUS, WATER, CABLE, GATED WITH 24-HRS SECURITY ALL INCLUDED WITH ASSOCIATION. TWO ASSOCIATIONS MONTHLY FEES (AS OF 1/1/2016): $167.50 + $248.51 = $416.11. RENTALS ALLOWED AFTER CLOSING!". One Year Warranty on structure/appliances!
-
2016-01-03$49,900 Active 508-char remark
Show marketing remark (508 chars)
NEW GROUND FLOOR CONDO. LAKE VIEW. COMPLETELY REDONE! NEW KITCHEN, NEW STAINLESS-STEEL APPLIANCES, NEW GRANITE COUNTER TOPS. NEW BATHROOM WITH SHOWER, NEW WALLS AND FLOORS, NEW CEILINGS (ALL POP-CORN REMOVED), NEW WATER HEATER, NEW CLOSETS. POOLS, CLUBHOUSE, SHOWS, PRIVATE BUS, WATER, CABLE, GATED WITH 24-HRS SECURITY ALL INCLUDED WITH ASSOCIATION. TWO ASSOCIATIONS MONTHLY FEES (AS OF 1/1/2016): $167.50 + $248.51 = $416.11. RENTALS ALLOWED AFTER CLOSING!". One Year Warranty on structure/appliances!
-
2014-11-25soldstatus $19,000 Closed
-
2014-10-20status Pending
-
2014-10-20status Active
-
2014-09-03historical Contingent
-
2014-08-26status Active
-
2014-08-21historical Contingent
-
2014-07-27$18,500 Active
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
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 ≥107°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 2 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
- $20,056
- − Mortgage interest
- −$4,201
- − Property taxes
- −$1,125
- − Insurance
- −$375
- − Repairs & maintenance
- −$1,605
- − Management
- −$1,605
- − HOA
- −$8,904
- − Depreciation
- −$2,182
- Taxable income
- $60
- Est. tax owed @ 24.0%
- −$15
- After-tax cash flow
- $706/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 — Boca Raton
- Score
- 77/100
- State rank
- #192
- US rank
- #3070
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Palm Beach County · 1,438,312 people
- City population
- 250,102
- Metro
- Miami-Fort Lauderdale-Pompano Beach, FL
- Population (ZIP)
- 21,686
- Household income
- $77,269
- Rent vs Own
- Severe rent burden
- 812.0
Population outlook (Palm Beach County) Hauer SSP2
- Today (2025)
- 1,637,487 people
- By 2030
- 1,743,255 · +6.5%
- By 2040
- 1,948,712 · +19.0%
- By 2050
- 2,132,979 · +30.3%
- By 2075
- 2,530,027 · +54.5%
- By 2100
- 2,706,979 · +65.3%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (72%)
- Race & ethnicity
- White 72% Hispanic / Latino 18% Two or more races 13% Asian 3% Black 3%
- Hispanic origin (detail)
- Mexican 2% Puerto Rican 2% Cuban 1%
- Common ancestry
- Romanian 9% Scotch-Irish 8% Italian 2%
- Foreign-born
- 25% · Canada, Jamaica, South Korea
- Languages at home
- 73% English-only · Spanish 15% Other Indo-European 4% Russian/Polish/Slavic 1%
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
- ▼ -279.89%
- Current HPI
- 271.1328
- Rent YoY
- ▲ 1.81%
- 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
+305.4% since first listed18 events — show timeline
- 2026-04-15 Listed $74,999 MARMLS
- 2018-10-18 Sold (MLS) $52,000 Beaches MLS
- 2018-09-07 Pending — Beaches MLS
- 2018-05-14 Listed $51,500 Beaches MLS
- 2016-06-16 Sold (MLS) $39,000 MARMLS
- 2016-04-29 Pending — MARMLS
- 2016-04-19 Price Changed $39,900 MARMLS
- 2016-03-30 Price Changed $44,900 MARMLS
- 2016-02-21 Price Changed $47,700 MARMLS
- 2016-02-01 Price Changed $48,700 MARMLS
- 2016-01-03 Listed $49,900 MARMLS
- 2014-11-25 Sold (MLS) $19,000 Beaches MLS
- 2014-10-20 Pending — Beaches MLS
- 2014-10-20 Relisted — Beaches MLS
- 2014-09-03 Contingent — Beaches MLS
- 2014-08-26 Relisted — Beaches MLS
- 2014-08-21 Contingent — Beaches MLS
- 2014-07-27 Listed $18,500 Beaches MLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…