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8245 E Club Rd 🌊 Lakefront
D+ Composite 45.7
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 +15.0/30.0
  • ARV discount +7.5/15.0
  • 1% rule +5.0/10.0
  • DSCR +5.0/10.0
  • Schools +4.3/10.0
  • Livability +3.9/5.0
  • Rent growth +2.6/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$60,000

8245 E Club Rd · Boca Raton, FL 33433
2 bd · 2.0 ba · 1,056 sqft · Condo public records · 1 Days on market
Built 1972 $250/mo HOA · 9% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Spacious lakefront 2br coach in popular 55+ West Lakes of Boca Raton Coop. Home features large Florida Room overlooking lake, spacious living area, full size washer & dryer. Bathroom can accomodate special needs. Near clubhouse & pool. A great deal! This light and bright home features an open floor plan, and a large, glass enclosed and air conditioned Florida room with beautiful views of the lake. This home was designed for easy wheelchair access. The original two bathrooms have been updated and converted to one large bathroom that will easily accomodate special needs. Enjoy the convenience of having a full size washer and dryer inside the home, too! Ideally located just a few doors away from the clubhouse and pool. West Lakes is an active 55+ communit... (see supplement for full remarks) Spacious lakefront 2br coach in popular 55+ West Lakes of Boca Raton Coop. Home features large Florida Room overlooking lake, spacious living area, full size washer & dryer. Bathroom can accomodate special needs. Near clubhouse & pool. A great deal!This light and bright home features an open floor plan, and a large, glass enclosed and air conditioned Florida room with beautiful views of the lake. This home was designed for easy wheelchair access. The original two bathrooms have been updated and converted to one large bathroom that will easily accomodate special needs. Enjoy the convenience of having a full size washer and dryer inside the home, too! Ideally located just a few doors away from the clubhouse and pool. West Lakes is an active 55+ community with clubhouse, social activities, pool, library, shuffleboard, bocce ball, and a fabulous screened picnic area. One small dog (under 30lbs) is permitted per home. Low association dues of $140/month include clubhouse, pool, lawn care and basic cable. West Lakes is located on Glades Rd, just west of Florida's Turnpike. World class shopping, Boca's fabulous beaches, parks, golf courses,and houses of worship are all nearby. Perfect for seasonal or year-round Florida living. Come enjoy the best kept secret in Boca Raton!

Key facts

  • 4,952 sq ft lot
  • 2 parking spots
  • Community pool

Property features AI

Finance

  • Other: Pets allowed (size limits and possible restrictions)
  • HOA & community: Association: West Lakes of Boca Raton; Monthly association fee of $250; Association amenities include clubhouse, pool, shuffleboard, library, recreation facilities, and laundry; Association fee includes cable TV, grounds maintenance, common area maintenance, reserve funds, and recreation facility access; Senior community

Exterior

  • Parking: Two total parking spaces; Attached carport (covered) with 1 carport space; One open parking space
  • Utilities: Public water; Public sewer; Electricity connected; Water connected; Sewer connected; Cable available; Phone available; Other utilities
  • Home design: Manufactured home; One story; Resale condition; Facing northwest
  • Construction: Modular construction
  • Exterior features: Waterfront: Yes (no specific waterfront features listed); Other roof type

Interior

  • Kitchen: Electric range; Refrigerator
  • Bedrooms: One main-level bedroom
  • Flooring: Laminate flooring
  • Bathrooms: Two full bathrooms (one on the main level)
  • Heating & cooling: Central heating; Central air conditioning
  • Interior features: No special interior features listed; Other window features
  • Laundry & utility: Community laundry available (association amenity)

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath condo listed at $60k.

Deal economics

  • At list price, monthly cash flow is $1k ($16k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($3k rent vs $60k).
  • Cap rate 32.8% 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: employment A+, health & safety A+, crime B+; 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.
  • Zoned schools: Del Prado Elementary School (math 78% / reading 78%, grade A, #149 of 2,144 statewide, top 8%, 712 students, 26% FRL); Omni Middle School (math 66% / reading 66%, grade A-, #93 of 571 statewide, top 16%, 1,128 students, 29% FRL); Olympic Heights Community High (math 52% / reading 64%, grade C, #120 of 667 statewide, top 18%, 2,602 students, 30% FRL) — zoned schools average 28% FRL vs 52% district-wide (24 pts lower); this property's tenant base skews higher-income than the district average.
  • Zoned-school proficiency averages 67% at this address vs 50% district-wide (+18 pts) — the actual schools serving this property are materially stronger than the Palm Beach average implies; a family-tenant draw the district grade alone would hide.
  • Market conditions: Rents flat; 430 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d 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 $415 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.
  • At projected returns (-3.0% appreciation + 0.3% rent growth), your $17k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

  • Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
  • 3 sale attempts since 26y 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 $42k; 43% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Watch-outs: property tax is 4.6% of price.
  • 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.
Recommended offer $60,000

Questions for the listing agent

  1. Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  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. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
  9. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
  10. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
  11. 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.
  12. 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.
  13. 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
4.52%
Cap rate
32.76%
Cash-on-cash
94.54%
DSCR
5.21
GRM
1.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.33% rent growth · sell at horizon

5-year hold
IRR
91.8%
Equity multiple
5.03×
Total profit
$67,762
Equity at exit
$8,946
10-year hold
IRR
94.0%
Equity multiple
9.40×
Total profit
$141,104
Equity at exit
$5,188

Cash invested: $16,800 (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.

ZIP-level market 33433

Rents YoY
0.3%
Active inventory
430
Price-to-rent
1.8×

Monthly cashflow live

Estimated rent
$2,714 high interval (Pro) →
Mortgage (P&I)
$315
Tax from tax record
$231 /mo · $2,771/yr
Insurance
$25
HOA
$250
Vacancy / Maint / Mgmt
$570
Net cashflow
$1,324

Break-even live

Break-even rent $1,039
Max offer price $60,000
Occupancy floor 46%

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
$15,000
Closing costs
$1,800
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
8458 Boca Glades Blvd E Boca Raton, FL 2.0 2.0 1307 $3,200 $2.45 5d 1 0.34mi
8540 Chevy Chase Dr Unit 8540 Boca Raton, FL 1.0 1.0 908 $2,000 $2.20 24d 1 0.35mi
8588 Bella Vista Dr Boca Raton, FL 2.0 2.0 1332 $2,999 $2.25 24d 1 0.38mi
8440 Boca Glades Blvd E Boca Raton, FL 2.0 2.0 1307 $3,400 $2.60 22d 1 0.45mi
8657 Boca Glades Blvd E Unit C Boca Raton, FL 3.0 2.0 1098 $2,800 $2.55 24d 1 0.45mi
8729 Chevy Chase Dr Boca Raton, FL 2.0 2.0 1332 $2,000 $1.50 24d 1 0.51mi
8732 Bella Vista Dr #42 Boca Raton, FL 2.0 2.0 908 $1,900 $2.09 24d 1 0.52mi
21214 Lago Cir Unit 8f Boca Raton, FL 2.0 2.0 1216 $4,200 $3.45 24d 1 0.53mi
20867 Wendall Ter Boca Raton, FL 2.0 1.5 908 $1,800 $1.98 24d 1 0.54mi
20886 Vinesta Cir Unit 313 Boca Raton, FL 2.0 2.0 1332 $1,800 $1.35 24d 1 0.54mi
8744 Bella Vista Dr Boca Raton, FL 2.0 2.0 1332 $2,100 $1.58 5d 1 0.54mi
8425 Casa del Lago Unit C Boca Raton, FL 2.0 2.0 1216 $2,100 $1.73 22d 1 0.61mi
8833 Bella Vista Dr #8833 Boca Raton, FL 2.0 2.0 908 $3,250 $3.58 24d 1 0.63mi
7911 Eastlake Dr Unit H Boca Raton, FL 2.0 2.0 1216 $2,200 $1.81 24d 1 0.66mi
7944 Eastlake Dr Unit D Boca Raton, FL 2.0 2.0 1216 $2,100 $1.73 24d 1 0.67mi
8045 Eastlake Dr Unit 1-G Boca Raton, FL 2.0 2.0 1216 $2,750 $2.26 24d 1 0.70mi
1405 Bridgewood Dr Unit 1405 Boca Raton, FL 2.0 2.5 1400 $3,100 $2.21 24d 1 0.72mi
1405 Bridgewood Dr Unit 1405 Boca Raton, FL 2.0 2.5 1400 $3,000 $2.14 22d 1 0.72mi
20927 Sedgewick Dr Unit 20927 Boca Raton, FL 2.0 1.0 908 $1,950 $2.15 24d 1 0.74mi
2404 Bridgewood Dr Boca Raton, FL 2.0 2.5 1400 $4,700 $3.36 24d 1 0.75mi
21643 Cypress Rd Unit 14C Boca Raton, FL 2.0 2.5 1426 $2,590 $1.82 3d 1 0.77mi
21411 Juego Cir Unit 32b Boca Raton, FL 2.0 2.0 1216 $1,950 $1.60 24d 1 0.78mi
8334 Cypress Ln Unit 1A Boca Raton, FL 2.0 2.0 1216 $3,000 $2.47 24d 1 0.79mi
21362 Juego Cir Unit 33f Boca Raton, FL 2.0 2.0 1216 $3,500 $2.88 24d 1 0.79mi
3705 Bridgewood Dr Boca Raton, FL 2.0 2.0 1400 $3,500 $2.50 24d 1 0.79mi
3604 Bridgewood Dr Boca Raton, FL 2.0 2.5 1400 $2,450 $1.75 24d 1 0.87mi
8436 Cypress Ln Unit 7d Boca Raton, FL 2.0 2.0 1216 $2,450 $2.01 17d 1 0.90mi
8436 Cypress Ln Unit 7d Boca Raton, FL 2.0 2.0 1216 $2,450 $2.01 15d 1 0.90mi
21650 Juego Cir Unit 24b Boca Raton, FL 2.0 2.0 1216 $3,000 $2.47 24d 1 0.90mi
20525 S Charlston St Boca Raton, FL 2.0–3.0 2.0 1484 $3,439 $2.32 2d 2 0.96mi
3205 Bridgewood Dr #3205 Boca Raton, FL 2.0 2.5 1400 $3,200 $2.29 24d 1 0.97mi
21820 Cypress Cir Unit 25e Boca Raton, FL 1.0 1.0 1216 $1,000 $0.82 22d 1 0.99mi
21925 Mizner Way Boca Raton, FL 2.0–3.0 2.0 1302 $2,320 $1.78 1d 17 1.00mi
21535 Cypress Hammock Dr Unit 36J Boca Raton, FL 2.0 2.0 1266 $2,200 $1.74 24d 1 1.04mi
7744 Courtyard Run W Boca Raton, FL 3.0 2.5 1449 $3,100 $2.14 24d 1 1.05mi
21529 Cypress Hammock Dr Unit 35J Boca Raton, FL 2.0 2.0 1266 $2,395 $1.89 12d 1 1.06mi
21866 Cypress Cir Unit 31e Boca Raton, FL 2.0 2.0 1216 $2,600 $2.14 4d 1 1.07mi
9280 Sable Ridge Cir Apt B Boca Raton, FL 2.0 2.0 1475 $2,700 $1.83 3d 1 1.08mi
7754 Lakeside Blvd #483 Boca Raton, FL 2.0 2.0 1050 $2,700 $2.57 2d 1 1.08mi
7754 Lakeside Blvd #446 Boca Raton, FL 2.0 2.0 1050 $3,500 $3.33 24d 1 1.08mi

HOA detail condo

Monthly dues
$250 · $3,000/yr
Likely covers
cablelandscapingpool
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 8 events

  1. 2026-05-27
    status Pending
  2. 2026-05-23
    listed $60,000 Active
  3. 2012-12-07
    soldstatus $42,000 2101-char remark
    Show marketing remark (2101 chars)

    Spacious lakefront 2br coach in popular 55+ West Lakes of Boca Raton Coop. Home features large Florida Room overlooking lake, spacious living area, full size washer & dryer. Bathroom can accomodate special needs. Near clubhouse & pool. A great deal! This light and bright home features an open floor plan, and a large, glass enclosed and air conditioned Florida room with beautiful views of the lake. This home was designed for easy wheelchair access. The original two bathrooms have been updated and converted to one large bathroom that will easily accomodate special needs. Enjoy the convenience of having a full size washer and dryer inside the home, too! Ideally located just a few doors away from the clubhouse and pool. West Lakes is an active 55+ communit... (see supplement for full remarks) Spacious lakefront 2br coach in popular 55+ West Lakes of Boca Raton Coop. Home features large Florida Room overlooking lake, spacious living area, full size washer & dryer. Bathroom can accomodate special needs. Near clubhouse & pool. A great deal!This light and bright home features an open floor plan, and a large, glass enclosed and air conditioned Florida room with beautiful views of the lake. This home was designed for easy wheelchair access. The original two bathrooms have been updated and converted to one large bathroom that will easily accomodate special needs. Enjoy the convenience of having a full size washer and dryer inside the home, too! Ideally located just a few doors away from the clubhouse and pool. West Lakes is an active 55+ community with clubhouse, social activities, pool, library, shuffleboard, bocce ball, and a fabulous screened picnic area. One small dog (under 30lbs) is permitted per home. Low association dues of $140/month include clubhouse, pool, lawn care and basic cable. West Lakes is located on Glades Rd, just west of Florida's Turnpike. World class shopping, Boca's fabulous beaches, parks, golf courses,and houses of worship are all nearby. Perfect for seasonal or year-round Florida living. Come enjoy the best kept secret in Boca Raton!

  4. 2012-09-14
    historical 2101-char remark
    Show marketing remark (2101 chars)

    Spacious lakefront 2br coach in popular 55+ West Lakes of Boca Raton Coop. Home features large Florida Room overlooking lake, spacious living area, full size washer & dryer. Bathroom can accomodate special needs. Near clubhouse & pool. A great deal! This light and bright home features an open floor plan, and a large, glass enclosed and air conditioned Florida room with beautiful views of the lake. This home was designed for easy wheelchair access. The original two bathrooms have been updated and converted to one large bathroom that will easily accomodate special needs. Enjoy the convenience of having a full size washer and dryer inside the home, too! Ideally located just a few doors away from the clubhouse and pool. West Lakes is an active 55+ communit... (see supplement for full remarks) Spacious lakefront 2br coach in popular 55+ West Lakes of Boca Raton Coop. Home features large Florida Room overlooking lake, spacious living area, full size washer & dryer. Bathroom can accomodate special needs. Near clubhouse & pool. A great deal!This light and bright home features an open floor plan, and a large, glass enclosed and air conditioned Florida room with beautiful views of the lake. This home was designed for easy wheelchair access. The original two bathrooms have been updated and converted to one large bathroom that will easily accomodate special needs. Enjoy the convenience of having a full size washer and dryer inside the home, too! Ideally located just a few doors away from the clubhouse and pool. West Lakes is an active 55+ community with clubhouse, social activities, pool, library, shuffleboard, bocce ball, and a fabulous screened picnic area. One small dog (under 30lbs) is permitted per home. Low association dues of $140/month include clubhouse, pool, lawn care and basic cable. West Lakes is located on Glades Rd, just west of Florida's Turnpike. World class shopping, Boca's fabulous beaches, parks, golf courses,and houses of worship are all nearby. Perfect for seasonal or year-round Florida living. Come enjoy the best kept secret in Boca Raton!

  5. 2012-05-02
    listed $45,000 2101-char remark
    Show marketing remark (2101 chars)

    Spacious lakefront 2br coach in popular 55+ West Lakes of Boca Raton Coop. Home features large Florida Room overlooking lake, spacious living area, full size washer & dryer. Bathroom can accomodate special needs. Near clubhouse & pool. A great deal! This light and bright home features an open floor plan, and a large, glass enclosed and air conditioned Florida room with beautiful views of the lake. This home was designed for easy wheelchair access. The original two bathrooms have been updated and converted to one large bathroom that will easily accomodate special needs. Enjoy the convenience of having a full size washer and dryer inside the home, too! Ideally located just a few doors away from the clubhouse and pool. West Lakes is an active 55+ communit... (see supplement for full remarks) Spacious lakefront 2br coach in popular 55+ West Lakes of Boca Raton Coop. Home features large Florida Room overlooking lake, spacious living area, full size washer & dryer. Bathroom can accomodate special needs. Near clubhouse & pool. A great deal!This light and bright home features an open floor plan, and a large, glass enclosed and air conditioned Florida room with beautiful views of the lake. This home was designed for easy wheelchair access. The original two bathrooms have been updated and converted to one large bathroom that will easily accomodate special needs. Enjoy the convenience of having a full size washer and dryer inside the home, too! Ideally located just a few doors away from the clubhouse and pool. West Lakes is an active 55+ community with clubhouse, social activities, pool, library, shuffleboard, bocce ball, and a fabulous screened picnic area. One small dog (under 30lbs) is permitted per home. Low association dues of $140/month include clubhouse, pool, lawn care and basic cable. West Lakes is located on Glades Rd, just west of Florida's Turnpike. World class shopping, Boca's fabulous beaches, parks, golf courses,and houses of worship are all nearby. Perfect for seasonal or year-round Florida living. Come enjoy the best kept secret in Boca Raton!

  6. 2001-02-19
    soldstatus $47,500 141-char remark
    Show marketing remark (141 chars)

    GREAT LOCATION OVER LOOKING LAKE.AFFORDABLE LIVING IN ACTIVE 55+ COMMUNITY.WELL MAINTAINED 2 BDRM 2 BATH.CLOSE TO SHOPPING,MOVE IN CONDITION.

  7. 2001-01-08
    historical 141-char remark
    Show marketing remark (141 chars)

    GREAT LOCATION OVER LOOKING LAKE.AFFORDABLE LIVING IN ACTIVE 55+ COMMUNITY.WELL MAINTAINED 2 BDRM 2 BATH.CLOSE TO SHOPPING,MOVE IN CONDITION.

  8. 2000-12-13
    listed $48,500 141-char remark
    Show marketing remark (141 chars)

    GREAT LOCATION OVER LOOKING LAKE.AFFORDABLE LIVING IN ACTIVE 55+ COMMUNITY.WELL MAINTAINED 2 BDRM 2 BATH.CLOSE TO SHOPPING,MOVE IN CONDITION.

ⓘ 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
$2,771 · $231/mo
Projected year-2 tax
$2,771 · $231/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 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
$32,569
− Mortgage interest
−$3,361
− Property taxes
−$2,771
− Insurance
−$300
− Repairs & maintenance
−$2,606
− Management
−$2,606
− HOA
−$3,000
− Depreciation
−$1,745
Taxable income
$16,180
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$3,883
After-tax cash flow
$11,999/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

Amenities D Commute B Cost of living F Crime B+ Employment A+ Housing B+ 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
250,102
Metro
Miami-Fort Lauderdale-Pompano Beach, FL
Population (ZIP)
47,005
Household income
$84,091
Rent vs Own
30.7% rent · 69.3% own
Severe rent burden
2900.0

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 (68%)
Race & ethnicity
White 68% Hispanic / Latino 18% Two or more races 15% Asian 4% Black 2%
Hispanic origin (detail)
Mexican 1% Puerto Rican 2% Cuban 2% Dominican 1%
Common ancestry
Romanian 6% Scotch-Irish 5% Russian 3%
Foreign-born
27% · Canada, Jamaica, China
Languages at home
65% English-only · Spanish 15% Other Indo-European 10% Russian/Polish/Slavic 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
▼ -227.85%
Current HPI
306.738
Rent YoY
▲ 0.33%
Metro
Miami-Fort Lauderdale-Pompano Beach, FL
State GDP YoY
▲ 3.28%
F500 in state
36

Industry mix (Fortune 500 HQ in FL)

Industry F500 HQs Revenue

Price history

+23.7% since first listed
8 events — show timeline
  • 2026-05-27 Pending Beaches MLS
  • 2026-05-23 Listed $60,000 Beaches MLS
  • 2012-12-07 Sold (MLS) $42,000 Beaches MLS
  • 2012-09-14 Listing Removed Beaches MLS
  • 2012-05-02 Listed $45,000 Beaches MLS
  • 2001-02-19 Sold (MLS) $47,500 Beaches MLS
  • 2001-01-08 Listing Removed Beaches MLS
  • 2000-12-13 Listed $48,500 Beaches MLS

Property tax history

+13.4%/yr

Latest (2025): $2,771 · +363.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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