5906 Crystal Shores Dr #404 · Delray Beach, FL 33437

$249,900

3 bd · 2.0 ba · 1,813 sqft · Condo public records · 99 Days on market

Built 1999 $1044/mo HOA · 31% of rent

---

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 +14.6/30.0
• 1% rule +8.7/10.0
• ARV discount +7.5/15.0
• Appreciation +4.9/10.0
• DSCR +4.4/10.0
• Schools +4.3/10.0
• Livability +3.9/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

LAKEVIEW PENTHOUSE UPDATED, LARGEST MAJESTY MODEL @ 1869 SQ FT UNDER AIR: 2 BD/2 BTH + DEN/3RD BDRM, LARGE MST BDRM w/SITTING AREA, DUAL SINKS w/GRANITE COUNTER TOP VANITIES, SPA TUB + SEP. SHOWER.RENOVATED KITCHEN: WOOD CABINETRY,GRANITE COUNTERS, FRENCH DOOR REFRIGE >> OFFERED FURNISHED TURN-KEY<< ASSIGNED PRKING, ,FULL SZ WASHER/DRYER,CLOSETS GALORE! >>WALK TO POOL + TENNIS<< WELCOME TO CORAL LAKES, ACTIVE ADULT 55+ COMMUNITY, ENJOY FABULOUS RESORT STYLE AMMENITIES: NEWLY RENOVATED CLUBHOUSE, THEATER, INDOOR/OUTDR POOLS, TENNIS,PICKLEBALL, SHOWS,CARDS,CLUBS,LIBRARY, RESORT STYLE AMENITIES, LOCKER ROOMS, STEAM, SAUNA, WHIRLPOOL,GYM,STRETCHING CLASSES. COME ENJOY THE WONDERFUL FLORIDA LIFESTYLE!!. 8 MILES TO OCEAN-BEACH + DOWNTOWN NIGHTLIFE, SHOPPING AND DINING!

Key facts

• Water filtration
• Furnished condo
• Updated kitchen

Tags

• LAKE-VIEW
• FURNISHED CONDO
• UPDATED KITCHEN
• GRANITE COUNTERS
• TUMBLED-STONE BACKSPLASH
• WATER FILTRATION

Property features AI

Finance

• Other: Located in a senior community
• Financial info: Not a land-lease property; Pets not allowed (per multi-family info)
• HOA & community: Has association; Association amenities include: clubhouse, fitness center, indoor pool, heated pool, spa/hot tub, sauna, tennis courts, pickleball and shuffleboard courts, basketball court, bocce ball, golf course access, billiard/game/hobby rooms, library, cafe/restaurant, community room, courtesy bus, manager on site, parking, maintenance of grounds and structure, trash, water, sewer, elevator, roof repairs, pool service, internet included, kitchen facilities, maintained community, sidewalks, street lights, gated community, security, recreation facilities; Monthly HOA fee (amount listed separately)

Exterior

• Parking: Assigned parking and guest spaces on asphalt; Total parking spaces: 1
• Security: Fire sprinkler system; Security fence; Security lights; Secure elevator; Entry phone/intercom; Security patrol; Security gate
• Utilities: Public water; Public sewer; Cable available
• Home design: Condominium; One level; Resale property; Faces west
• Construction: Block/CBS construction; Flat roof; Slab foundation; Builder model: Majestic; Building has 4 stories
• Exterior features: Fenced; Asphalt/paved road frontage; Waterfront: Yes (no specific waterfront features listed)

Interior

• Kitchen: Dishwasher; Electric range; Microwave; Refrigerator; Disposal; Freezer; Water purifier (owned)
• Bedrooms: Three bedrooms on the main level
• Flooring: Carpet; Ceramic tile; Tile
• Bathrooms: Two full bathrooms (main level)
• Heating & cooling: Central heating (electric); Individual central heating; Central air conditioning (electric); Ceiling fans; Individual central cooling
• Interior features: Entrance foyer; Walk-in closets; Split bedroom layout
• Laundry & utility: In-unit laundry room with washer and electric dryer hookups; Laundry tub

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath condo listed at $250k.

Deal economics

• At list price, monthly cash flow is $58 ($697/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $250k).
• Recommended offer: $227k (9.0% below list) — sets the bar for market timing.
• Cap rate 6.6% vs local median 4.3% in Delray Beach — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 77/100 on livability (#202 in FL, #3,160 nationally) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, commute A-; Watch: cost of living C-, crime D-, amenities F.
• Palm Beach (suburban): math 46% / reading 53% proficiency, ranked #34 of 73 in FL (top 47%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Hagen Road Elementary School (math 55% / reading 63%, grade B-, #722 of 2,144 statewide, top 34%, 773 students, 46% FRL); Atlantic High School (math 28% / reading 52%, grade F, #296 of 667 statewide, top 45%, 1,889 students, 59% FRL) — zoned schools at 53% FRL track the district average.
• Market conditions: Rents rising (+1.3%/yr); 479 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).
• At $3,413/mo this rent would consume 51% of the median local household income ($81k/yr) (locally 902% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $1k of equity ($2k loan paydown + $-604 appreciation (-0.2% local appreciation)).
• 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 99 days — a 9% lower offer ($227k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 14y ago; this cycle's ask has dropped $49k (16%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $217k; 15% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: HOA is 31% of rent.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 5→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $227,409 (9.0% below list)

Questions for the listing agent

1. It's been on market 99 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. 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?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
7. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 1.37% ✓
• Cap rate: 6.57%
• Cash-on-cash: 1.00%
• DSCR: 1.04
• GRM: 6.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-0.24% appreciation · 1.28% rent growth · sell at horizon

5-year hold

• IRR: -3.7%
• Equity multiple: 0.83×
• Total profit: $-11,630
• Equity at exit: $69,558

10-year hold

• IRR: 0.5%
• Equity multiple: 1.05×
• Total profit: $3,730
• Equity at exit: $81,250

Cash invested: $69,972 (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 33437

• Home prices YoY: -0.1%
• Rents YoY: 1.3%
• Active inventory: 479
• Price-to-rent: 6.1×

Monthly cashflow live

• Estimated rent: $3,413 high
• Mortgage (P&I): −$1,311
• Tax from tax record: −$180 /mo · $2,157/yr
• Insurance: −$104
• HOA: −$1,044
• Vacancy / Maint / Mgmt: −$717
• Net cashflow: $58

Break-even live

Break-even rent $3,340

Max offer price $249,900

Occupancy floor 93%

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: $62,475
• Closing costs: $7,497
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5952 Regal Glen Dr #103 Boynton Beach, FL	3.0	2.0	1813	$2,550	$1.41	24d	1	0.18mi
12547 Imperial Isle Dr Boynton Beach, FL	2.0–3.0	2.0	1500	$4,500	$3.00	24d	2	0.32mi
12390 Summer Springs Dr Boynton Beach, FL	3.0	2.0	1861	$3,300	$1.77	24d	1	0.42mi
5574 Royal Lake Cir Boynton Beach, FL	3.0	2.0	1658	$5,000	$3.02	15d	1	0.43mi
13297 Via Vulcanus Unit B Delray Beach, FL	2.0	2.0	1527	$3,000	$1.96	8d	1	0.54mi
12299 Forest Greens Dr Boynton Beach, FL	2.0	2.0	1310	$2,450	$1.87	17d	1	0.54mi
13404 Brotherhood Way Delray Beach, FL	4.0	3.0	2509	$6,950	$2.77	22d	1	0.60mi
12932 Anthorne Ln Boynton Beach, FL	4.0	3.5	2008	$3,750	$1.87	21d	1	0.63mi
5335 Vernio Ln Boynton Beach, FL	3.0	2.0	1798	$3,700	$2.06	24d	1	0.65mi
13431 Amber Waves Ave Delray Beach, FL	2.0	2.0	1390	$3,500	$2.52	24d	1	0.67mi
12654 Via Ravenna Boynton Beach, FL	3.0	2.0	1729	$3,500	$2.02	24d	1	0.68mi
6599 Old Farm Trl #6599 Boynton Beach, FL	3.0	2.5	1441	$3,000	$2.08	24d	1	0.74mi
12118 Country Greens Blvd Boynton Beach, FL	3.0	2.0	1566	$3,000	$1.92	11d	1	0.75mi
5449 Grande Palm Cir Delray Beach, FL	3.0	2.5	1618	$4,000	$2.47	24d	1	0.78mi
5449 Grande Palm Cir Delray Beach, FL	3.0	2.5	1618	$4,000	$2.47	17d	1	0.78mi
13255 Royale Sabal Ct Delray Beach, FL	3.0	2.5	1618	$4,300	$2.66	24d	1	0.79mi
13759 Date Palm Ct Unit A Delray Beach, FL	2.0	2.0	1247	$3,500	$2.81	24d	1	0.79mi
6633 Old Farm Trl Boynton Beach, FL	3.0	2.5	1441	$3,500	$2.43	24d	1	0.82mi
13653 Jubilee Ln Delray Beach, FL	3.0	2.0	1305	$3,450	$2.64	14d	1	0.90mi
13657 Night Sky Pl Delray Beach, FL	2.0	2.0	1319	$3,200	$2.43	8d	1	0.90mi
5750 Fairway Park Ct #101 Boynton Beach, FL	3.0	2.0	1426	$1,850	$1.30	24d	1	0.92mi
6038 Lasalle Rd Delray Beach, FL	2.0	2.0	1475	$2,100	$1.42	5d	1	0.94mi
6685 Old Farm Trl Boynton Beach, FL	3.0	2.0	1361	$2,995	$2.20	24d	1	0.95mi
5260 Grande Palm Cir Delray Beach, FL	3.0	2.0	1464	$2,800	$1.91	24d	1	0.99mi
6725 Old Farm Trl Boynton Beach, FL	3.0	2.5	1441	$3,000	$2.08	21d	1	1.04mi
13776 Hero Path Delray Beach, FL	3.0	2.0	1319	$3,400	$2.58	24d	1	1.06mi
11690 Briarwood Cir Boynton Beach, FL	3.0	2.0	1952	$3,400	$1.74	24d	1	1.06mi
13419 Noble Dr Delray Beach, FL	2.0	2.0	1410	$3,600	$2.55	17d	1	1.12mi
11853 Fountainside Cir Boynton Beach, FL	3.0	3.5	2410	$3,800	$1.58	24d	1	1.17mi
1418 W Wickham Cir Unit B Delray Beach, FL	3.0	2.5	1316	$3,200	$2.43	17d	1	1.22mi
5200 Privet Pl Unit C Delray Beach, FL	2.0	2.0	1457	$1,850	$1.27	24d	1	1.22mi
5256 Glenville Dr Boynton Beach, FL	3.0	2.0	2015	$5,000	$2.48	2d	1	1.28mi
6812 Belmont Shore Dr Delray Beach, FL	3.0	2.5	2353	$4,250	$1.81	19d	1	1.31mi
5061 Nesting Way Unit D Delray Beach, FL	2.0	2.0	1255	$2,400	$1.91	24d	1	1.35mi
4574 Danson Way Delray Beach, FL	3.0	2.5	1654	$3,300	$2.00	24d	1	1.35mi
14050 Pacific Point Pl Delray Beach, FL	1.0–3.0	1.0–2.0	1033	$3,180	$3.08	2d	22	1.36mi
5570 Piping Rock Dr Boynton Beach, FL	2.0	2.0	1478	$2,850	$1.93	24d	1	1.37mi
14139 Nesting Way Unit A Delray Beach, FL	2.0	2.0	1255	$2,200	$1.75	12d	1	1.42mi
14111 Royal Vista Dr #404 Delray Beach, FL	2.0	2.0	1392	$3,200	$2.30	24d	1	1.42mi
5550 Nepsa Way Delray Beach, FL	1.0–3.0	1.0–2.0	1035	$3,389	$3.27	1d	12	1.45mi

HOA detail condo

• Monthly dues: $1,044 · $12,528/yr
• Likely covers: poolgym
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 26 events

1. 2026-06-18
   days on market $249,900 Active 99 DOM
2. 2026-06-17
   days on market $249,900 Active 98 DOM
3. 2026-06-16
   days on market $249,900 Active 97 DOM
4. 2026-06-15
   days on market $249,900 Active 96 DOM
5. 2026-06-13
   days on market $249,900 Active 94 DOM
6. 2026-06-09
   days on market $249,900 Active 90 DOM
7. 2026-06-08
   days on market $249,900 Active 89 DOM
8. 2026-06-07
   days on market $249,900 Active 88 DOM
9. 2026-06-04
   days on market $249,900 Active 85 DOM
10. 2026-06-03
    days on market $249,900 Active 84 DOM
11. 2026-06-02
    days on market $249,900 Active 83 DOM
12. 2026-06-02
    price $249,900 Active 82 DOM
13. 2026-06-01
    days on market $274,900 Active 82 DOM
14. 2026-05-31
    days on market $274,900 Active 81 DOM
15. 2026-03-23
    price $274,900
16. 2026-02-09
    listed $299,000 Active
17. 2020-01-16
    soldstatus $217,000
18. 2020-01-15
    soldstatus $217,000 Closed 803-char remark

    Show marketing remark (803 chars)

    LAKEVIEW PENTHOUSE UPDATED, LARGEST MAJESTY MODEL @ 1869 SQ FT UNDER AIR: 2 BD/2 BTH + DEN/3RD BDRM, LARGE MST BDRM w/SITTING AREA, DUAL SINKS w/GRANITE COUNTER TOP VANITIES, SPA TUB + SEP. SHOWER.RENOVATED KITCHEN: WOOD CABINETRY,GRANITE COUNTERS, FRENCH DOOR REFRIGE &gt;&gt; OFFERED FURNISHED TURN-KEY&lt;&lt; ASSIGNED PRKING, ,FULL SZ WASHER/DRYER,CLOSETS GALORE! &gt;&gt;WALK TO POOL + TENNIS&lt;&lt; WELCOME TO CORAL LAKES, ACTIVE ADULT 55+ COMMUNITY, ENJOY FABULOUS RESORT STYLE AMMENITIES: NEWLY RENOVATED CLUBHOUSE, THEATER, INDOOR/OUTDR POOLS, TENNIS,PICKLEBALL, SHOWS,CARDS,CLUBS,LIBRARY, RESORT STYLE AMENITIES, LOCKER ROOMS, STEAM, SAUNA, WHIRLPOOL,GYM,STRETCHING CLASSES. COME ENJOY THE WONDERFUL FLORIDA LIFESTYLE!!. 8 MILES TO OCEAN-BEACH + DOWNTOWN NIGHTLIFE, SHOPPING AND DINING!

19. 2019-12-06
    historical Contingent 803-char remark

    Show marketing remark (803 chars)

    LAKEVIEW PENTHOUSE UPDATED, LARGEST MAJESTY MODEL @ 1869 SQ FT UNDER AIR: 2 BD/2 BTH + DEN/3RD BDRM, LARGE MST BDRM w/SITTING AREA, DUAL SINKS w/GRANITE COUNTER TOP VANITIES, SPA TUB + SEP. SHOWER.RENOVATED KITCHEN: WOOD CABINETRY,GRANITE COUNTERS, FRENCH DOOR REFRIGE &gt;&gt; OFFERED FURNISHED TURN-KEY&lt;&lt; ASSIGNED PRKING, ,FULL SZ WASHER/DRYER,CLOSETS GALORE! &gt;&gt;WALK TO POOL + TENNIS&lt;&lt; WELCOME TO CORAL LAKES, ACTIVE ADULT 55+ COMMUNITY, ENJOY FABULOUS RESORT STYLE AMMENITIES: NEWLY RENOVATED CLUBHOUSE, THEATER, INDOOR/OUTDR POOLS, TENNIS,PICKLEBALL, SHOWS,CARDS,CLUBS,LIBRARY, RESORT STYLE AMENITIES, LOCKER ROOMS, STEAM, SAUNA, WHIRLPOOL,GYM,STRETCHING CLASSES. COME ENJOY THE WONDERFUL FLORIDA LIFESTYLE!!. 8 MILES TO OCEAN-BEACH + DOWNTOWN NIGHTLIFE, SHOPPING AND DINING!

20. 2019-12-02
    price $219,750 803-char remark

    Show marketing remark (803 chars)

    LAKEVIEW PENTHOUSE UPDATED, LARGEST MAJESTY MODEL @ 1869 SQ FT UNDER AIR: 2 BD/2 BTH + DEN/3RD BDRM, LARGE MST BDRM w/SITTING AREA, DUAL SINKS w/GRANITE COUNTER TOP VANITIES, SPA TUB + SEP. SHOWER.RENOVATED KITCHEN: WOOD CABINETRY,GRANITE COUNTERS, FRENCH DOOR REFRIGE &gt;&gt; OFFERED FURNISHED TURN-KEY&lt;&lt; ASSIGNED PRKING, ,FULL SZ WASHER/DRYER,CLOSETS GALORE! &gt;&gt;WALK TO POOL + TENNIS&lt;&lt; WELCOME TO CORAL LAKES, ACTIVE ADULT 55+ COMMUNITY, ENJOY FABULOUS RESORT STYLE AMMENITIES: NEWLY RENOVATED CLUBHOUSE, THEATER, INDOOR/OUTDR POOLS, TENNIS,PICKLEBALL, SHOWS,CARDS,CLUBS,LIBRARY, RESORT STYLE AMENITIES, LOCKER ROOMS, STEAM, SAUNA, WHIRLPOOL,GYM,STRETCHING CLASSES. COME ENJOY THE WONDERFUL FLORIDA LIFESTYLE!!. 8 MILES TO OCEAN-BEACH + DOWNTOWN NIGHTLIFE, SHOPPING AND DINING!

21. 2019-10-07
    listed $230,499 Active 803-char remark

    Show marketing remark (803 chars)

    LAKEVIEW PENTHOUSE UPDATED, LARGEST MAJESTY MODEL @ 1869 SQ FT UNDER AIR: 2 BD/2 BTH + DEN/3RD BDRM, LARGE MST BDRM w/SITTING AREA, DUAL SINKS w/GRANITE COUNTER TOP VANITIES, SPA TUB + SEP. SHOWER.RENOVATED KITCHEN: WOOD CABINETRY,GRANITE COUNTERS, FRENCH DOOR REFRIGE &gt;&gt; OFFERED FURNISHED TURN-KEY&lt;&lt; ASSIGNED PRKING, ,FULL SZ WASHER/DRYER,CLOSETS GALORE! &gt;&gt;WALK TO POOL + TENNIS&lt;&lt; WELCOME TO CORAL LAKES, ACTIVE ADULT 55+ COMMUNITY, ENJOY FABULOUS RESORT STYLE AMMENITIES: NEWLY RENOVATED CLUBHOUSE, THEATER, INDOOR/OUTDR POOLS, TENNIS,PICKLEBALL, SHOWS,CARDS,CLUBS,LIBRARY, RESORT STYLE AMENITIES, LOCKER ROOMS, STEAM, SAUNA, WHIRLPOOL,GYM,STRETCHING CLASSES. COME ENJOY THE WONDERFUL FLORIDA LIFESTYLE!!. 8 MILES TO OCEAN-BEACH + DOWNTOWN NIGHTLIFE, SHOPPING AND DINING!

22. 2015-04-27
    soldstatus $80,000
23. 2012-03-08
    soldstatus $163,000
24. 2012-03-01
    soldstatus $163,000 568-char remark

    Show marketing remark (568 chars)

    BEAUTIFUL REDONE KIT.W/STONE COUNTER,WOOD LAMINATE FLOORS INTO THE HALL WAY. REDONE MASTER BATH W/GRANITE COUNTER,DESIGNER TILE WALLS AND UPGRADED FAUCETS. LOTS OF CLOSETS W/EXTRA CLOSET IN FLA.RM.ABLE TO WALK TO COMMUNITY POOL,TENNIS COURTS AND CLUB CORAL LAKES 70,000 SQ.FT.CLUBHOUSE,THEATER,CAFE W.TABLE SERVICE,SHOWS,TRIPS,OVER 60 CLUBS,VOTING PRECINCT,OPEN FROM 8AM TO 11PM, CARD ROOMS,AEROBIC AND FITNESS CENTER,INDOOR HEATED POOL, SATALLITE POOLS,TEN TENNIS COURTS W/ON SITE PRO.SOCIAL DIRECTOR,RECEPTIONIST ON DUTY, ADJACENT TO PUBLIC GOLF COURSE,NEAR SHOPPING

25. 2012-02-15
    historical 568-char remark

    Show marketing remark (568 chars)

    BEAUTIFUL REDONE KIT.W/STONE COUNTER,WOOD LAMINATE FLOORS INTO THE HALL WAY. REDONE MASTER BATH W/GRANITE COUNTER,DESIGNER TILE WALLS AND UPGRADED FAUCETS. LOTS OF CLOSETS W/EXTRA CLOSET IN FLA.RM.ABLE TO WALK TO COMMUNITY POOL,TENNIS COURTS AND CLUB CORAL LAKES 70,000 SQ.FT.CLUBHOUSE,THEATER,CAFE W.TABLE SERVICE,SHOWS,TRIPS,OVER 60 CLUBS,VOTING PRECINCT,OPEN FROM 8AM TO 11PM, CARD ROOMS,AEROBIC AND FITNESS CENTER,INDOOR HEATED POOL, SATALLITE POOLS,TEN TENNIS COURTS W/ON SITE PRO.SOCIAL DIRECTOR,RECEPTIONIST ON DUTY, ADJACENT TO PUBLIC GOLF COURSE,NEAR SHOPPING

26. 2012-01-26
    listed $168,800 568-char remark

    Show marketing remark (568 chars)

    BEAUTIFUL REDONE KIT.W/STONE COUNTER,WOOD LAMINATE FLOORS INTO THE HALL WAY. REDONE MASTER BATH W/GRANITE COUNTER,DESIGNER TILE WALLS AND UPGRADED FAUCETS. LOTS OF CLOSETS W/EXTRA CLOSET IN FLA.RM.ABLE TO WALK TO COMMUNITY POOL,TENNIS COURTS AND CLUB CORAL LAKES 70,000 SQ.FT.CLUBHOUSE,THEATER,CAFE W.TABLE SERVICE,SHOWS,TRIPS,OVER 60 CLUBS,VOTING PRECINCT,OPEN FROM 8AM TO 11PM, CARD ROOMS,AEROBIC AND FITNESS CENTER,INDOOR HEATED POOL, SATALLITE POOLS,TEN TENNIS COURTS W/ON SITE PRO.SOCIAL DIRECTOR,RECEPTIONIST ON DUTY, ADJACENT TO PUBLIC GOLF COURSE,NEAR SHOPPING

ⓘ 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: $2,157 · $180/mo
• Projected year-2 tax: $2,157 · $180/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 5 d/yr ≥106°F today · 18 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 · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $40,959
• − Mortgage interest: −$13,998
• − Property taxes: −$2,157
• − Insurance: −$1,250
• − Repairs & maintenance: −$3,277
• − Management: −$3,277
• − HOA: −$12,528
• − Depreciation: −$7,270
• Taxable loss: −$2,797
• Est. tax savings @ 24.0%: +$671
• After-tax cash flow: $1,369/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 — Delray Beach

• Score: 77/100
• State rank: #202
• US rank: #3160

Category grades

Amenities F Commute A- Cost of living C- Crime D- Employment B+ 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: 123,167
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 37,229
• Household income: $80,710
• Rent vs Own: 14.5% rent · 85.5% own
• Severe rent burden: 902.0

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% Two or more races 13% Hispanic / Latino 12% Black 10% Asian 3%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2% Cuban 1% Dominican 1%
• Common ancestry: Scotch-Irish 8% Romanian 8% Hispanic 6%
• Foreign-born: 18% · Canada, Jamaica, Vietnam
• Languages at home: 78% English-only · Spanish 10% French/Haitian/Cajun 6% 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: ▼ -0.24%
• Current HPI: 257.5891
• Rent YoY: ▲ 1.28%
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+62.9% since first listed

12 events — show timeline

• 2026-03-23 Price Changed $274,900 Beaches MLS
• 2026-02-09 Listed $299,000 Beaches MLS
• 2020-01-16 Sold (Public Records) $217,000 Public Records
• 2020-01-15 Sold (MLS) $217,000 Beaches MLS
• 2019-12-06 Contingent — Beaches MLS
• 2019-12-02 Price Changed $219,750 Beaches MLS
• 2019-10-07 Listed $230,499 Beaches MLS
• 2015-04-27 Sold (Public Records) $80,000 Public Records
• 2012-03-08 Sold (Public Records) $163,000 Public Records
• 2012-03-01 Sold (MLS) $163,000 Beaches MLS
• 2012-02-15 Listing Removed — Beaches MLS
• 2012-01-26 Listed $168,800 Beaches MLS

Property tax history

+0.7%/yr

Latest (2025): $2,157 · +3.5% YoY. Source: county tax records.