67 Macadamia Ct · Royal Palm Beach, FL 33411

$225,000

3 bd · 2.0 ba · 1,298 sqft · SingleFamily public records · 22 Days on market

Built 1980 2,879 sqft lot $478/mo HOA · 19% of rent

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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 +14.5/30.0
• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• 1% rule +6.3/10.0
• DSCR +4.4/10.0
• Schools +4.3/10.0
• Livability +4.0/5.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

ENJOY THIS SPACIOUS 3BR 2BA CONVERTABLE, COZY COVERED PATIO, CORNER UNIT OVERLOOKING A LARGE BACKYARD AND A BEAUTIFUL LAKE. THIS 55+ NEIGHBORHOOD SITS IN THE HEART OF ROYAL PALM BEACH. EJJOY A TRANQUIL WALK THROUGH THE NEIGHBORHOOD OR A SHORT WALK TO THE ROYAL PALM BEACH LIBRARY, VETERANS PARK, BUS STOP OR THE GROCERY STORE. THERE IS A CLUB HOUSE AND A LARGE SWIMMING POOL TO COOL OFF AND RELAX ON THOSE HOT SUMMER DAYS. EVERY CORNER OF THIS HOUSE SAYS ''WELCOME HOME''. FULLY FURNISHED OR UNFURNISHED, WITH ALL APPLIANCES, THIS HOME CAN BE TRULY A DREAM COME TRUE.

Key facts

• Lake views
• Impact glass windows
• Stainless dishwasher

Tags

• WATERFRONT
• LAKE VIEWS
• IMPACT GLASS WINDOWS
• AUTHENTIC SPANISH TILE
• STAINLESS DISHWASHER
• LARGE SCREENED LANAI

Property features AI

Finance

• Other: Association fee amount reported quarterly
• HOA & community: Strathmore Gate 1 Homeowners Association; Quarterly HOA dues; HOA covers grounds maintenance, common areas, roof repairs, and pool service; Community amenities: clubhouse, pool, library, maintenance; Senior community; Pets allowed (pet restrictions possible)

Exterior

• Parking: Assigned parking; Guest parking; Asphalt parking; One parking space
• Utilities: Public water; Public sewer; Cable connected; Electricity connected; Water connected; Sewer connected
• Home design: Townhouse; One story; Resale property; Faces northeast
• Construction: Stucco and CBS construction; Concrete and tile roof
• Exterior features: Screened porch; Porch; Many trees; Landscaped; Waterfront

Interior

• Kitchen: Dishwasher; Electric range; Microwave
• Bedrooms: One main-level bedroom
• Flooring: Ceramic tile
• Bathrooms: Two full bathrooms; One main-level bathroom
• Heating & cooling: Central heating; Central air; Ceiling fans; Electric cooling
• Interior features: Walk-in closets; Stacked bedroom layout
• Laundry & utility: Laundry in kitchen

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $225k.

Deal economics

• At list price, monthly cash flow is $51 ($617/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $225k).
• Recommended offer: $222k (1.5% below list) — sets the bar for market timing.

Location & tenants

• Location reads 79/100 on livability (#135 in FL, #2,039 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, health & safety A+; Watch: cost of living C-, amenities F, commute 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: Cypress Trails Elementary School (math 52% / reading 62%, grade C+, #781 of 2,144 statewide, top 38%, 492 students, 53% FRL); Crestwood Community Middle (math 49% / reading 52%, grade C, #246 of 571 statewide, top 44%, 724 students, 50% FRL); Royal Palm Beach High School (math 22% / reading 38%, grade F, #441 of 667 statewide, top 67%, 2,343 students, 57% FRL) — zoned schools at 54% FRL track the district average.
• Market conditions: Rents flat; 574 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 22d 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).
• This rent runs 33% of the median local income ($93k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $24k of equity ($2k loan paydown + $22k appreciation (10.0% local appreciation)).
• Palm Beach County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (10.0% appreciation + 0.8% rent growth), your $63k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$39k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 22 days — a 2% lower offer ($222k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 19y 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 $90k; list at $225k implies a 150% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• 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 $221,625 (1.5% below list)

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.13% ✓
• Cap rate: 6.57%
• Cash-on-cash: 0.98%
• DSCR: 1.04
• GRM: 7.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: 24.1%
• Equity multiple: 2.92×
• Total profit: $120,706
• Equity at exit: $202,698

10-year hold

• IRR: 20.8%
• Equity multiple: 6.45×
• Total profit: $343,439
• Equity at exit: $437,126

Cash invested: $63,000 (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

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 33411

• Home prices YoY: 1.9%
• Rents YoY: 0.8%
• Active inventory: 574
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $2,549 high
• Mortgage (P&I): −$1,180
• Tax from tax record: −$210 /mo · $2,523/yr
• Insurance: −$94
• HOA: −$478
• Vacancy / Maint / Mgmt: −$535
• Net cashflow: $51

Break-even live

Break-even rent $2,483

Max offer price $225,000

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: $56,250
• Closing costs: $6,750
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
73 Macadamia Ct Royal Palm Beach, FL	2.0	2.0	1112	$2,000	$1.80	11d	1	0.06mi
100 Sparrow Dr #2 Royal Palm Beach, FL	3.0	2.0	1824	$2,725	$1.49	18d	1	0.24mi
4 Greenway Vlg N #203 Royal Palm Beach, FL	2.0	2.0	1080	$2,000	$1.85	24d	1	0.26mi
7 Greenway Vlg N Royal Palm Beach, FL	1.0–2.0	1.5–2.0	930	$1,700	$1.83	16d	2	0.27mi
2 Greenway Vlg N #210 Royal Palm Beach, FL	2.0	2.0	1080	$2,000	$1.85	24d	1	0.29mi
100 Sparrow Dr #14 Royal Palm Beach, FL	3.0	2.0	1737	$2,725	$1.57	24d	1	0.31mi
110 Weybridge Cir Unit A Royal Palm Beach, FL	2.0	2.5	1470	$2,350	$1.60	22d	1	0.37mi
132 Weybridge Cir Royal Palm Beach, FL	2.0	2.5	1470	$3,000	$2.04	24d	1	0.37mi
139 Sparrow Dr Royal Palm Beach, FL	2.0–3.0	1.5–2.5	1100	$2,390	$2.17	15d	3	0.38mi
111 Weybridge Cir Royal Palm Beach, FL	3.0	2.5	1710	$3,100	$1.81	4d	1	0.39mi
12002 Poinciana Blvd #204 Royal Palm Beach, FL	2.0	2.0	1048	$1,750	$1.67	24d	1	0.41mi
12007 Poinciana Blvd #205 Royal Palm Beach, FL	2.0	2.0	1088	$1,590	$1.46	15d	1	0.44mi
263 Deerfield Ct Royal Palm Beach, FL	2.0	2.0	1120	$1,800	$1.61	24d	1	0.46mi
202 Lakeside Landing Dr Royal Palm Beach, FL	3.0	2.5	1532	$3,200	$2.09	4d	1	0.54mi
113 Sandpiper Ave Royal Palm Beach, FL	3.0	2.0	1798	$3,500	$1.95	12d	1	0.60mi
876 Gardenia Dr Royal Palm Beach, FL	2.0	2.0	1502	$3,500	$2.33	24d	1	0.69mi
1601 Lakeview Dr W Unit 1601 Royal Palm Beach, FL	3.0	2.5	1296	$2,375	$1.83	22d	1	0.71mi
182 Sparrow Dr Unit A Royal Palm Beach, FL	3.0	2.0	1485	$3,000	$2.02	24d	1	0.74mi
1407 Lakeview Dr E Royal Palm Beach, FL	2.0	2.0	1165	$2,300	$1.97	7d	1	0.76mi
830 Royal Palm Beach Blvd Royal Palm Beach, FL	3.0	2.0	1369	$2,766	$2.02	7d	1	0.81mi
296 Sandpiper Ave Royal Palm Beach, FL	3.0	2.0	1569	$3,100	$1.98	24d	1	0.81mi
133 Black Olive Cres Royal Palm Beach, FL	3.0	2.0	1752	$4,500	$2.57	24d	1	0.82mi
849 Camellia Dr Royal Palm Beach, FL	3.0	2.0	1599	$3,400	$2.13	24d	1	0.89mi
202 Sparrow Dr #1 Royal Palm Beach, FL	3.0	2.0	1020	$2,400	$2.35	24d	1	0.90mi
180 Heatherwood Dr Royal Palm Beach, FL	3.0	2.0	1462	$2,710	$1.85	5d	1	0.90mi
180 Seminole Lakes Dr Royal Palm Beach, FL	3.0	2.0	1856	$3,500	$1.89	24d	1	0.91mi
210 Sparrow Dr #4 Royal Palm Beach, FL	2.0	2.0	930	$1,900	$2.04	20d	1	0.94mi
213 River Bluff Ln Royal Palm Beach, FL	3.0	2.5	1579	$2,800	$1.77	24d	1	0.94mi
1803 Palm Beach Trace Dr Royal Palm Beach, FL	2.0	2.0	1201	$2,000	$1.67	18d	1	0.95mi
220 Crestwood Cir #106 Royal Palm Beach, FL	3.0	2.0	1520	$2,650	$1.74	24d	1	0.95mi
1605 Palm Beach Trace Dr Royal Palm Beach, FL	2.0	2.0	1201	$2,100	$1.75	12d	1	0.96mi
11823 Dahlia Dr Royal Palm Beach, FL	3.0	2.0	1385	$2,406	$1.74	7d	1	0.96mi
280 Crestwood Cir #204 Royal Palm Beach, FL	2.0	2.0	1024	$2,150	$2.10	15d	1	0.99mi
145 Prestige Dr Royal Palm Beach, FL	3.0	2.0	1464	$2,900	$1.98	16d	1	1.00mi
43 Essex Ct Unit A Royal Palm Beach, FL	2.0	2.5	1398	$2,500	$1.79	24d	1	1.01mi
101 Fairway Ln Royal Palm Beach, FL	3.0	2.5	1684	$3,300	$1.96	22d	1	1.02mi
274 River Bluff Ln Royal Palm Beach, FL	3.0	2.5	1579	$3,000	$1.90	24d	1	1.02mi
36 Danbury Ct Unit B Royal Palm Beach, FL	2.0	2.5	1398	$2,300	$1.65	10d	1	1.05mi
460 Rainbow Springs Ter Royal Palm Beach, FL	3.0	2.5	1579	$2,950	$1.87	24d	1	1.06mi
112 Wakulla Springs Way #112 Royal Palm Beach, FL	2.0	2.5	1623	$4,000	$2.46	24d	1	1.07mi

HOA detail

• Monthly dues: $478 · $5,736/yr
• Likely covers: pool

Listing history 10 events

1. 2026-05-14
   status Pending
2. 2026-04-22
   listed $225,000 Active
3. 2014-04-10
   soldstatus $89,900
4. 2008-02-22
   soldstatus $130,000
5. 2008-01-11
   soldstatus $130,000 567-char remark

   Show marketing remark (567 chars)

   ENJOY THIS SPACIOUS 3BR 2BA CONVERTABLE, COZY COVERED PATIO, CORNER UNIT OVERLOOKING A LARGE BACKYARD AND A BEAUTIFUL LAKE. THIS 55+ NEIGHBORHOOD SITS IN THE HEART OF ROYAL PALM BEACH. EJJOY A TRANQUIL WALK THROUGH THE NEIGHBORHOOD OR A SHORT WALK TO THE ROYAL PALM BEACH LIBRARY, VETERANS PARK, BUS STOP OR THE GROCERY STORE. THERE IS A CLUB HOUSE AND A LARGE SWIMMING POOL TO COOL OFF AND RELAX ON THOSE HOT SUMMER DAYS. EVERY CORNER OF THIS HOUSE SAYS ''WELCOME HOME''. FULLY FURNISHED OR UNFURNISHED, WITH ALL APPLIANCES, THIS HOME CAN BE TRULY A DREAM COME TRUE.

6. 2008-01-10
   historical 567-char remark

   Show marketing remark (567 chars)

   ENJOY THIS SPACIOUS 3BR 2BA CONVERTABLE, COZY COVERED PATIO, CORNER UNIT OVERLOOKING A LARGE BACKYARD AND A BEAUTIFUL LAKE. THIS 55+ NEIGHBORHOOD SITS IN THE HEART OF ROYAL PALM BEACH. EJJOY A TRANQUIL WALK THROUGH THE NEIGHBORHOOD OR A SHORT WALK TO THE ROYAL PALM BEACH LIBRARY, VETERANS PARK, BUS STOP OR THE GROCERY STORE. THERE IS A CLUB HOUSE AND A LARGE SWIMMING POOL TO COOL OFF AND RELAX ON THOSE HOT SUMMER DAYS. EVERY CORNER OF THIS HOUSE SAYS ''WELCOME HOME''. FULLY FURNISHED OR UNFURNISHED, WITH ALL APPLIANCES, THIS HOME CAN BE TRULY A DREAM COME TRUE.

7. 2007-08-01
   listed $139,999 567-char remark

   Show marketing remark (567 chars)

   ENJOY THIS SPACIOUS 3BR 2BA CONVERTABLE, COZY COVERED PATIO, CORNER UNIT OVERLOOKING A LARGE BACKYARD AND A BEAUTIFUL LAKE. THIS 55+ NEIGHBORHOOD SITS IN THE HEART OF ROYAL PALM BEACH. EJJOY A TRANQUIL WALK THROUGH THE NEIGHBORHOOD OR A SHORT WALK TO THE ROYAL PALM BEACH LIBRARY, VETERANS PARK, BUS STOP OR THE GROCERY STORE. THERE IS A CLUB HOUSE AND A LARGE SWIMMING POOL TO COOL OFF AND RELAX ON THOSE HOT SUMMER DAYS. EVERY CORNER OF THIS HOUSE SAYS ''WELCOME HOME''. FULLY FURNISHED OR UNFURNISHED, WITH ALL APPLIANCES, THIS HOME CAN BE TRULY A DREAM COME TRUE.

8. 1991-12-26
   soldstatus $68,000
9. 1987-04-01
   soldstatus $67,000
10. 1980-10-01
    soldstatus $64,200

ⓘ 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: $2,523 · $210/mo
• Projected year-2 tax: $2,523 · $210/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 10/10 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 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $30,583
• − Mortgage interest: −$12,603
• − Property taxes: −$2,523
• − Insurance: −$1,125
• − Repairs & maintenance: −$2,447
• − Management: −$2,447
• − HOA: −$5,736
• − Depreciation: −$6,545
• Taxable loss: −$2,844
• Est. tax savings @ 24.0%: +$683
• After-tax cash flow: $1,299/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 — Royal Palm Beach

• Score: 79/100
• State rank: #135
• US rank: #2039

Category grades

Amenities F Commute F Cost of living C- Crime B+ Employment A+ Housing A+ Health & safety A+ User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Royal Palm Beach, FL
• County: Palm Beach County · 1,438,312 people
• City population: 75,299
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 76,863
• Household income: $92,591
• Rent vs Own: 20.5% rent · 79.5% own
• Severe rent burden: 1870.0

Population outlook (Palm Beach County) Hauer SSP2

• Today (2025): 1,637,487 people
• By 2030: 1,743,255 · +6.5%
• By 2040: 1,948,712 · +19.0%
• By 2050: 2,132,979 · +30.3%
• By 2075: 2,530,027 · +54.5%
• By 2100: 2,706,979 · +65.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.70)
• Race & ethnicity: White 44% Hispanic / Latino 24% Black 23% Two or more races 16% Asian 5%
• Hispanic origin (detail): Mexican 2% Puerto Rican 5% Cuban 4% Dominican 2%
• Common ancestry: Hispanic 6% Romanian 2% Italian 1%
• Foreign-born: 26% · Canada, Jamaica, China
• Languages at home: 73% English-only · Spanish 17% French/Haitian/Cajun 4% Other Indo-European 2%

Political lean MEDSL · Palm Beach

• 2024 margin: Toss-up / Even · D 50.0% · R 49.2%
• 2008→2024 swing: -22.1pp toward R · 2008: 22.9pp · 2024: 0.8pp
• All cycles: 2024: D+0.8 2020: D+12.8 2016: D+15.3 2012: D+17.0 2008: D+22.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 17.04%
• Current HPI: 903.78
• Rent YoY: ▲ 0.85%
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

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

Price history

+250.5% since first listed

10 events — show timeline

• 2026-05-14 Pending — Beaches MLS
• 2026-04-22 Listed $225,000 Beaches MLS
• 2014-04-10 Sold (Public Records) $89,900 Public Records
• 2008-02-22 Sold (Public Records) $130,000 Public Records
• 2008-01-11 Sold (MLS) $130,000 Beaches MLS
• 2008-01-10 Listing Removed — Beaches MLS
• 2007-08-01 Listed $139,999 Beaches MLS
• 1991-12-26 Sold (Public Records) $68,000 Public Records
• 1987-04-01 Sold (Public Records) $67,000 Public Records
• 1980-10-01 Sold (Public Records) $64,200 Public Records

Property tax history

+5.1%/yr

Latest (2025): $2,523 · +0.8% YoY. Source: county tax records.