470 Executive Center Dr Unit 3b · West Palm 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 10/10 · Severe
- Hot days now (above 105°F)
- 7 days/yr
- Hot days in 30 yrs
- 25 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
- 1 days/yr
- Unhealthy air days in 30 yrs
- 1 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 +25.3/30.0
- ARV discount +15.0/15.0
- 1% rule +10.0/10.0
- DSCR +8.3/10.0
- Livability +4.1/5.0
- Rent growth +3.8/5.0
- Schools +2.6/10.0
- Condition / age +1.0/5.0
- Appreciation +0.0/10.0
$95,000
470 Executive Center Dr Unit 3b · West Palm Beach, FL 33401
1 bd · 1.0 ba · 704 sqft · Condo
public records
· 153 Days on market
Built 1979
$135/sqft
· 40% below area
Est $157k · 40% under
$606/mo HOA · 35% of rent
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Direct lakeviews. Private balcony. Elevator to the 3rd floor, laundry in the building. Assigned parking, community pool, fitness center, tennis courts. Gated community located close to shopping and the airport.
Key facts
- Community pool
- Private balcony
- Lakeviews
Tags
Neighborhood map
Sold within
Property
Rental comp
Retail
Costco
Walmart
Transit
Schools
Stadiums
Fortune 500
· Circle radius: 6.0 mi
Loading POIs…
What this means for you Summary
Snapshot
- This is a 1-bed/1.0-bath condo listed at $95k. Condition is rated poor.
Deal economics
- At list price, monthly cash flow is $214 ($3k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $95k).
- Recommended offer: $84k (12.0% below list) — sets the bar for market timing.
- Cap rate 9.0% vs local median 3.6% in West Palm 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 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: Westward Elementary School (math 30% / reading 29%, grade F, #1,896 of 2,144 statewide, top 90%, 500 students, 81% FRL); Bear Lakes Middle School (math 19% / reading 33%, grade F, #506 of 571 statewide, top 89%, 842 students, 74% FRL); Palm Beach Lakes High School (math 17% / reading 26%, grade F, #546 of 667 statewide, top 82%, 2,688 students, 70% FRL) — zoned schools average 75% FRL vs 52% district-wide (23 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Zoned-school proficiency averages 26% at this address vs 50% district-wide (-24 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 rising fast (+5.2%/yr); 722 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); 3,974 units permitted in Palm Beach County in 2024 (1,012 in 5+ unit buildings).
- This rent runs 31% of the median local income ($68k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $657 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 + 5.2% rent growth), your $27k cash investment doubles in ~8 years — after that, you're playing with house money.
Negotiation context
- It's been on market 153 days — a 12% lower offer ($84k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Watch-outs: HOA is 35% of rent.
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer
$83,600
(12.0% below list)
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?
- Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- 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.
- 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?
- 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
- 1.84% ✓
- Cap rate
- 9.00%
- Cash-on-cash
- 9.67%
- DSCR
- 1.43
- GRM
- 4.5
CMA / ARV
- ARV (median comp)
- $157,469
- List price
- $95,000
- Delta
- -39.67%
- 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 |
|---|---|---|---|---|---|---|---|
| 631 Executive Center Dr Unit K104 | 0.26mi | 1/1.0 | 627 (-11%) | 2mo | $155,000 | $247 | 68 |
| 614 Executive Center Dr #102 | 0.18mi | 2/2.0 (+1) | 770 (+9%) | 3mo | $202,500 | $263 | 65 |
| 651 Okeechobee Blvd #1006 | 1.29mi | 1/1.0 | 706 (+0%) | 3mo | $325,000 | $460 | 62 |
| 550 Okeechobee Blvd #1721 | 1.42mi | 1/1.0 | 755 (+7%) | 2mo | $480,000 | $636 | 51 |
| 550 Okeechobee Blvd #1421 | 1.42mi | 1/1.0 | 755 (+7%) | 3mo | $460,000 | $609 | 51 |
| 300 S Australian Ave #809 | 0.83mi | 1/1.0 | 757 (+8%) | 2mo | $370,000 | $489 | 50 |
| 1700 N Congress #302 | 1.27mi | 1/1.0 | 775 (+10%) | 1mo | $150,000 | $194 | 47 |
| 1900 N Congress Ave #403 | 1.49mi | 1/1.0 | 775 (+10%) | 2mo | $135,000 | $174 | 47 |
| 300 S Australian Ave #1603 | 0.83mi | 1/1.0 | 774 (+10%) | 2mo | $315,000 | $407 | 46 |
| 630 S Sapodilla Ave S #411 | 1.20mi | 1/1.0 | 800 (+14%) | 0mo | $348,000 | $435 | 42 |
| 508 Beech Rd | 1.46mi | 2/1.0 (+1) | 800 (+14%) | 2mo | $350,000 | $438 | 36 |
| 1820 N Congress Ave #305 | 1.42mi | 2/1.0 (+1) | 850 (+21%) | 1mo | $128,000 | $151 | 34 |
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 · 5.15% rent growth · sell at horizon
5-year hold
- IRR
- 2.3%
- Equity multiple
- 1.09×
- Total profit
- $2,453
- Equity at exit
- $14,165
10-year hold
- IRR
- 15.0%
- Equity multiple
- 2.41×
- Total profit
- $37,616
- Equity at exit
- $8,214
Cash invested: $26,600 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 87 Strongly Landlord-Friendly
- State Florida
- 87 Strongly Landlord-Friendly · R+3
- County
- — inherits STATE
- City
- — inherits STATE
3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.
Active competition Active MLS
- For sale now
- 3 active · 4 under contract
- Median asking
- $215,000 ($295/sqft)
- Median days on market
- 88 d
- This list price
- lowest-priced of the active set
- ARV vs active asking
- -24.3% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 33401
- Rents YoY
- 5.2%
- Active inventory
- 722
- Price-to-rent
- 4.5×
Monthly cashflow live
↻
- Estimated rent
- $1,744 high interval (Pro) →
- Mortgage (P&I)
- −$498
- Tax from tax record
- −$19 /mo · $234/yr
- Insurance
- −$40
- HOA
- −$606
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$366
- Net cashflow
- $214
Break-even live
Break-even rent
$1,472
Max offer price
$95,000
Occupancy floor
83%
Sensitivity live
| Price | -10% $268 | -5% $241 | +0% $214 | +5% $188 | +10% $161 |
|---|---|---|---|---|---|
| Rent | -10% $77 | -5% $146 | +0% $214 | +5% $283 | +10% $352 |
| Rate | -1.0pp $262 | -0.5pp $239 | base $214 | +0.5pp $190 | +1.0pp $165 |
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
- $23,750
- Closing costs
- $2,850
- 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 |
|---|---|---|---|---|---|---|---|---|
| 480 Executive Center Dr West Palm Beach, FL | 1.0–2.0 | 1.0–2.0 | 805 | $1,595 | $1.98 | 35d | 2 | 0.06mi |
| 480 Executive Center Dr West Palm Beach, FL | 1.0–2.0 | 1.0–2.0 | 805 | $1,595 | $1.98 | 22d | 2 | 0.06mi |
| 500 Executive Center Dr West Palm Beach, FL | 1.0–2.0 | 1.0–2.0 | 918 | $1,570 | $1.71 | 15d | 3 | 0.11mi |
| 401 Executive Center Dr West Palm Beach, FL | 1.0–3.0 | 1.0–2.0 | 899 | $1,595 | $1.77 | 5d | 10 | 0.14mi |
| 700 Executive Center Dr West Palm Beach, FL | 1.0 | 1.0 | 588 | $1,675 | $2.85 | 35d | 2 | 0.21mi |
| 700 Executive Center Dr West Palm Beach, FL | 1.0 | 1.0 | 588 | $1,612 | $2.74 | 3d | 2 | 0.21mi |
| 706 Executive Center Dr #26 West Palm Beach, FL | 2.0 | 2.0 | 728 | $1,825 | $2.51 | 3d | 1 | 0.22mi |
| 706 Executive Center Dr #24 West Palm Beach, FL | 2.0 | 2.0 | 728 | $1,850 | $2.54 | 35d | 1 | 0.22mi |
| 708 Executive Center Dr #210 West Palm Beach, FL | 1.0 | 1.0 | 527 | $1,600 | $3.04 | 3d | 1 | 0.23mi |
| 708 Executive Center Dr #12 West Palm Beach, FL | 1.0 | 1.0 | 527 | $1,495 | $2.84 | 22d | 1 | 0.23mi |
| 724 Executive Center Dr West Palm Beach, FL | 2.0 | 2.0 | 789 | $1,875 | $2.38 | 35d | 2 | 0.25mi |
| 718 Executive Center Dr Unit -1 West Palm Beach, FL | 1.0 | 1.0 | 650 | $1,525 | $2.35 | 3d | 1 | 0.25mi |
| 718 Executive Center Dr Unit -1 West Palm Beach, FL | 1.0 | 1.0 | 650 | $1,525 | $2.35 | 14d | 1 | 0.25mi |
| 718 Executive Center Dr #36 West Palm Beach, FL | 1.0 | 1.0 | 728 | $1,525 | $2.09 | 22d | 1 | 0.25mi |
| 724 Executive Center Dr #36 West Palm Beach, FL | 2.0 | 2.0 | 728 | $1,850 | $2.54 | 22d | 1 | 0.25mi |
| 714 Executive Center Dr #14 West Palm Beach, FL | 1.0 | 1.0 | 650 | $1,650 | $2.54 | 22d | 1 | 0.25mi |
| 710 Executive Center Dr West Palm Beach, FL | 1.0 | 1.0 | 550 | $1,699 | $3.09 | 3d | 1 | 0.25mi |
| 728 Executive Center Dr #110 West Palm Beach, FL | 1.0 | 1.0 | 728 | $1,550 | $2.13 | 22d | 1 | 0.26mi |
| 728 Executive Center Dr #110 West Palm Beach, FL | 1.0 | 1.0 | 650 | $1,600 | $2.46 | 35d | 1 | 0.26mi |
| 752 Executive Center Dr West Palm Beach, FL | 1.0 | 1.0 | 689 | $1,572 | $2.28 | 35d | 1 | 0.30mi |
| 752 Executive Center Dr West Palm Beach, FL | 1.0 | 1.0 | 689 | $1,572 | $2.28 | 3d | 4 | 0.30mi |
| 645 Executive Center Dr Unit R205 West Palm Beach, FL | 1.0 | 1.0 | 627 | $1,675 | $2.67 | 35d | 1 | 0.31mi |
| 645 Executive Center Dr Unit R205 West Palm Beach, FL | 1.0 | 1.0 | 627 | $1,675 | $2.67 | 3d | 1 | 0.31mi |
| 645 Executive Center Dr Unit R107 West Palm Beach, FL | 1.0 | 1.0 | 627 | $1,650 | $2.63 | 3d | 1 | 0.31mi |
| 635 Executive Center Dr West Palm Beach, FL | 1.0 | 1.0 | 627 | $1,650 | $2.63 | 3d | 1 | 0.32mi |
| 760 Executive Center Dr #32 West Palm Beach, FL | 2.0 | 2.0 | 728 | $1,750 | $2.40 | 3d | 1 | 0.32mi |
| 330 N Ware Dr West Palm Beach, FL | 1.0 | 1.0 | 378 | $1,350 | $3.57 | 3d | 1 | 0.32mi |
| 637 Executive Center Dr Unit N103 West Palm Beach, FL | 1.0 | 1.0 | 627 | $1,550 | $2.47 | 35d | 1 | 0.32mi |
| 235 Courtney Lakes Cir Unit 235 West Palm Beach, FL | 1.0 | 1.0 | 615 | $1,250 | $2.03 | 3d | 1 | 0.39mi |
| 1326 8th St West Palm Beach, FL | — | 1.0 | 704 | $2,100 | $2.98 | 57d | 1 | 0.70mi |
| 201 Clearwater Dr West Palm Beach, FL | 2.0 | 1.0–2.0 | 731 | $4,365 | $5.97 | 133d | 16 | 0.85mi |
| 201 Clearwater Dr West Palm Beach, FL | 1.0 | 1.0 | 587 | $3,438 | $5.85 | 0d | 5 | 0.85mi |
| 616 Clearwater Park Rd West Palm Beach, FL | 1.0–2.0 | 1.0–2.0 | 920 | $2,399 | $2.61 | 36d | 5 | 0.94mi |
| 304 N Tamarind Ave West Palm Beach, FL | 2.0 | 1.0 | 725 | $1,800 | $2.48 | 3d | 1 | 0.96mi |
| 919 2nd St West Palm Beach, FL | — | 1.0 | 625 | $1,500 | $2.40 | 35d | 1 | 0.97mi |
| 919 2nd St Unit 1 West Palm Beach, FL | — | 1.0 | 500 | $1,400 | $2.80 | 3d | 1 | 0.97mi |
| 916 4th St Unit 4 West Palm Beach, FL | 2.0 | 1.0 | 645 | $1,595 | $2.47 | 22d | 1 | 0.98mi |
| 916 4th St Unit 4 West Palm Beach, FL | 2.0 | 1.0 | 645 | $1,545 | $2.40 | 3d | 1 | 0.98mi |
| 1638 Embassy Dr West Palm Beach, FL | 1.0–2.0 | 1.0–2.0 | 809 | $1,600 | $1.98 | 3d | 2 | 1.01mi |
| 817 2nd St Unit 4 West Palm Beach, FL | 2.0 | 1.0 | 623 | $1,600 | $2.57 | 3d | 1 | 1.04mi |
Property features AI
Finance
- Other
- Living area reported as 704Building area reported as 704
- Financial info
- No land lease
- HOA & community
- Association (Breakwaters) with clubhouse, elevators, fitness center, laundry, pool, storage, and tennis courtsMonthly association fee payable (includes insurance, grounds and structure maintenance, sewer, trash, water, and common area maintenance)Pets allowed (possible restrictions)Community contains 165 units
Exterior
- Parking
- One parking spaceNo carport
- Security
- Security gate
- Utilities
- Public waterPublic sewerCable availableWater availableSewer available
- Home design
- CondominiumOne-level unitEntry located on level 3Faces eastResale property
- Construction
- Built with CBS construction materialsRolled/hot mop roofFive-story building
- Exterior features
- Entry via hallwayCity street frontagePublicly maintained asphalt roadNot waterfront
Interior
- Kitchen
- DishwasherElectric range
- Bedrooms
- One bedroom on the main level
- Flooring
- Carpet
- Bathrooms
- One full bathroom (main level)
- Heating & cooling
- Central heatingCentral air conditioning
- Interior features
- No additional interior features listedOther window features
- Laundry & utility
- Hallway laundryElectric water heater
HOA detail $606/mo · $7,272/yr condo
- Likely covers
- poolgymsecurityparking
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-11-08days on market $95,000 Active 153 DOM
-
2026-11-07days on market $95,000 Active 152 DOM
-
2026-11-07days on market $95,000 Active 151 DOM
-
2026-11-05days on market $95,000 Active 150 DOM
-
2026-11-04days on market $95,000 Active 149 DOM
-
2026-11-02days on market $95,000 Active 147 DOM
-
2026-11-01days on market $95,000 Active 146 DOM
-
2026-10-31days on market $95,000 Active 145 DOM
-
2026-10-30days on market $95,000 Active 144 DOM
-
2026-10-29days on market $95,000 Active 143 DOM
-
2026-10-28days on market $95,000 Active 142 DOM
-
2026-10-27days on market $95,000 Active 141 DOM
-
2026-10-26days on market $95,000 Active 140 DOM
-
2026-10-26days on market $95,000 Active 139 DOM
-
2026-10-24days on market $95,000 Active 138 DOM
-
2026-10-23days on market $95,000 Active 137 DOM
-
2026-10-22days on market $95,000 Active 136 DOM
-
2026-10-21days on market $95,000 Active 135 DOM
-
2026-10-20days on market $95,000 Active 134 DOM
-
2026-10-19days on market $95,000 Active 133 DOM
-
2026-10-18days on market $95,000 Active 132 DOM
-
2026-10-17days on market $95,000 Active 131 DOM
-
2026-10-16days on market $95,000 Active 130 DOM
-
2026-10-15days on market $95,000 Active 129 DOM
-
2026-10-14days on market $95,000 Active 128 DOM
-
2026-10-13days on market $95,000 Active 127 DOM
-
2026-10-12days on market $95,000 Active 126 DOM
-
2026-10-11days on market $95,000 Active 125 DOM
-
2026-10-10days on market $95,000 Active 124 DOM
-
2026-10-09days on market $95,000 Active 123 DOM
-
2026-10-08days on market $95,000 Active 122 DOM
-
2026-10-07days on market $95,000 Active 121 DOM
-
2026-10-06days on market $95,000 Active 120 DOM
-
2026-10-05days on market $95,000 Active 119 DOM
-
2026-10-04days on market $95,000 Active 118 DOM
-
2026-10-04days on market $95,000 Active 117 DOM
-
2026-10-02days on market $95,000 Active 116 DOM
-
2026-10-01days on market $95,000 Active 115 DOM
-
2026-09-30days on market $95,000 Active 114 DOM
-
2026-09-29days on market $95,000 Active 113 DOM
-
2026-09-28days on market $95,000 Active 112 DOM
-
2026-09-27days on market $95,000 Active 111 DOM
-
2026-09-25days on market $95,000 Active 109 DOM
-
2026-09-24days on market $95,000 Active 108 DOM
-
2026-09-23days on market $95,000 Active 107 DOM
-
2026-09-22days on market $95,000 Active 106 DOM
-
2026-09-21days on market $95,000 Active 105 DOM
-
2026-09-20days on market $95,000 Active 104 DOM
-
2026-09-18days on market $95,000 Active 102 DOM
-
2026-09-17days on market $95,000 Active 101 DOM
ⓘ 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
- $234 · $19/mo
- Projected year-2 tax
- $788 · $66/mo
- Expected delta
- +$555/yr (+$46/mo · 237.4%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 10/10 Extreme 7 d/yr ≥105°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 1 unhealthy d/yr today · 1 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
- $20,927
- − Mortgage interest
- −$5,321
- − Property taxes
- −$234
- − Insurance
- −$475
- − Repairs & maintenance
- −$1,674
- − Management
- −$1,674
- − HOA
- −$7,272
- − Depreciation
- −$2,764
- Taxable income
- $1,512
combined federal + state — saved on this device
- Est. tax owed @ 24.0%
- −$363
- After-tax cash flow
- $2,210/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 · 2 photos
20/100
Extensive rehab
Est. rehab $35,200–$63,360 screening
This townhouse requires extensive repairs and maintenance, including a new roof, exterior siding, HVAC systems, landscaping, and fencing. Significant improvements are needed to increase its resale and rental value.
Components & finishes AI
Roof flat membrane
Repairs flagged
- Major roof — Significant discoloration and dark patches suggest a major issue that needs immediate attention.
- Major exterior siding — The siding is visibly damaged and in poor condition, indicating a major repair is needed.
- Major HVAC/mechanicals — The roof and exterior condition suggest the HVAC systems may be old and in need of replacement.
- Major landscaping — The landscaping is overgrown and unkempt, indicating a major overhaul is needed to improve curb appeal.
- Major fencing — The fencing is in poor condition with visible damage and discoloration, indicating a major repair is needed.
Value-add opportunities
- Both repair and replace roof — A new roof will significantly improve the home's appearance and functionality. ↑
- Both repair and replace exterior siding — New siding will enhance the home's curb appeal and increase its value. ↑
- Both repair and replace HVAC systems — Upgrading HVAC systems will improve comfort and energy efficiency, enhancing both resale and rental value. ↑
- Both landscape and maintain exterior — A well-maintained exterior will improve curb appeal and increase the home's value. ↑
- Both repair and replace fencing — A new, well-maintained fence will enhance the home's security and curb appeal, increasing its value. ↑
- Both paint interior walls — Painting interior walls will improve the home's appearance and increase its value for both resale and rental purposes. ↑
ⓘ Rehab cost is a screening estimate — Extensive 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.
F
Composite school gradezoned avg 26/100
Zoned Schools
Elementary
Westward Elementary School
F
FL #1,896/2,144
Nat'l #26,716/41,679
Middle
Bear Lakes Middle School
F
FL #506/571
Nat'l #10,089/14,009
High
Palm Beach Lakes High School
F
FL #546/667
Nat'l #13,899/17,239
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
A
Composite livability gradescore 82/100
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
- Census place
- West Palm Beach, FL
- County
- Palm Beach County · 1,637,487 people
- City population
- 222,012
- Metro
- Miami-Fort Lauderdale-Pompano Beach, FL
- Population (ZIP)
- 33,698
- Household income
- $67,967
- Rent vs Own
- Severe rent burden
- 18% 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
- Diverse neighborhood (Simpson 0.68)
- Race & ethnicity
- White 43% Black 32% Hispanic / Latino 17% Two or more races 11% Asian 3%
- Hispanic origin (detail)
- Mexican 2% Puerto Rican 3% Cuban 3%
- Languages at home
- 73% English-only · Spanish 13% French/Haitian/Cajun 7% Other Asian/Pacific 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
- ▼ -324.96%
- Current HPI
- 367.0978
- Rent YoY
- ▲ 5.15%
- 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 |
|
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| Insurance | 2 | $17B |
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| Retail | 1 | $60B |
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| Technology Distribution | 1 | $58B |
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| Homebuilding | 1 | $35B |
|
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| Technology Manufacturing | 1 | $35B |
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Price history
+115.9% since first listed4 events — show timeline
- 2026-06-05 Listed $95,000 Beaches MLS
- 2005-08-29 Sold (Public Records) $114,000 Public Records
- 1981-02-01 Sold (Public Records) $49,900 Public Records
- 1980-01-01 Sold (Public Records) $44,000 Public Records
Property tax history
+4.6%/yrLatest (2025): $234 · +10.4% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…