470 Executive Center Dr Unit 4j · 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 +21.9/30.0
- ARV discount +15.0/15.0
- 1% rule +10.0/10.0
- DSCR +7.0/10.0
- Livability +4.1/5.0
- Rent growth +3.8/5.0
- Schools +2.6/10.0
- Condition / age +2.2/5.0
- Appreciation +0.0/10.0
$179,000
470 Executive Center Dr Unit 4j · West Palm Beach, FL 33401
2 bd · 2.0 ba · 1,133 sqft · Condo
public records
· 140 Days on market
Built 1979
$158/sqft
· 29% below area
Est $253k · 29% under
$880/mo HOA · 31% of rent
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
SPACIOUS FLOORPLAN. FRESHLY PAINTED INTERIOR. NEW BERBER CARPET THRUOUT NEW VERTICALS AND VALANCE. NEW D/R FIXTURE, NEW CEILING FAN, NEW MIRROR DOORS, NEW VANITIES, LARGE KITCHEN WITH FLAT TOP STOVE.
Key facts
- Fitness center
- Gated access
- Private balcony
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 2-bed/2.0-bath condo listed at $179k. Condition is rated fair.
Deal economics
- At list price, monthly cash flow is $281 ($3k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($3k rent vs $179k).
- Recommended offer: $158k (12.0% below list) — sets the bar for market timing.
- Cap rate 8.2% vs local median 3.8% 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); 645 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 20d on market — plan ~3-4 weeks tenant-placement turnaround); 48% of comp listings sitting > 30 days — soft ceiling on asking rent; 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 $1k of loan paydown is wiped out by about $5k 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 $50k cash investment doubles in ~10 years — after that, you're playing with house money.
Negotiation context
- It's been on market 140 days — a 12% lower offer ($158k) is reasonable based on typical stale-listing flexibility.
- 4 sale attempts since 21y 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.
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 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer
$157,520
(12.0% below list)
Questions for the listing agent
- It's been on market 140 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
- 1.58% ✓
- Cap rate
- 8.18%
- Cash-on-cash
- 6.72%
- DSCR
- 1.30
- GRM
- 5.3
CMA / ARV
- ARV (median comp)
- $252,930
- List price
- $179,000
- Delta
- -29.23%
- 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 |
|---|---|---|---|---|---|---|---|
| 470 Executive Center Dr Unit 4n | 0.00mi | 2/2.0 | 960 (-15%) | 2mo | $135,000 | $141 | 73 |
| 780 S Sapodilla Ave #206 | 1.24mi | 2/2.0 | 1,140 (+1%) | 1mo | $510,000 | $447 | 63 |
| 550 Okeechobee Blvd #1405 | 1.42mi | 2/2.0 | 1,120 (-1%) | 0mo | $820,000 | $732 | 63 |
| 616 Clearwater Park Rd #513 | 0.96mi | 2/2.0 | 1,112 (-2%) | 2mo | $350,000 | $315 | 60 |
| 950 Marina Del Ray Ln #1 | 0.67mi | 2/2.0 | 1,086 (-4%) | 4mo | $300,000 | $276 | 58 |
| 505 Spencer Dr #410 | 1.09mi | 2/2.0 | 1,081 (-5%) | 1mo | $149,000 | $138 | 57 |
| 505 Spencer Dr #309 | 1.09mi | 2/2.0 | 1,081 (-5%) | 2mo | $152,000 | $141 | 56 |
| 550 Okeechobee Blvd #1619 | 1.42mi | 2/2.0 | 1,192 (+5%) | 4mo | $800,000 | $671 | 53 |
| 1850 N Congress Ave #311 | 1.44mi | 2/2.0 | 1,030 (-9%) | 0mo | $160,000 | $155 | 50 |
| 1850 N Congress Ave #201 | 1.44mi | 2/2.0 | 1,030 (-9%) | 3mo | $215,000 | $209 | 47 |
| 2425 Presidential Way #1502 | 1.46mi | 1/1.5 (-1) | 894 (-21%) | 2mo | $120,000 | $134 | 32 |
| 2013 Longwood Rd | 1.11mi | 3/1.0 (+1) | 912 (-20%) | 4mo | $299,000 | $328 | 27 |
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
- 0.91×
- Total profit
- $-4,407
- Equity at exit
- $26,689
10-year hold
- IRR
- 10.7%
- Equity multiple
- 1.95×
- Total profit
- $47,864
- Equity at exit
- $15,477
Cash invested: $50,120 (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
- $450,000 ($367/sqft)
- Median days on market
- 150 d
- This list price
- lowest-priced of the active set
- ARV vs active asking
- -39.2% 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
- 645
- Price-to-rent
- 5.3×
Monthly cashflow live
↻
- Estimated rent
- $2,820 high interval (Pro) →
- Mortgage (P&I)
- −$939
- Tax from tax record
- −$54 /mo · $647/yr
- Insurance
- −$75
- HOA
- −$880
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$592
- Net cashflow
- $281
Break-even live
Break-even rent
$2,465
Max offer price
$179,000
Occupancy floor
85%
Sensitivity live
| Price | -10% $382 | -5% $332 | +0% $281 | +5% $230 | +10% $180 |
|---|---|---|---|---|---|
| Rent | -10% $58 | -5% $169 | +0% $281 | +5% $392 | +10% $504 |
| Rate | -1.0pp $371 | -0.5pp $326 | base $281 | +0.5pp $234 | +1.0pp $187 |
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
- $44,750
- Closing costs
- $5,370
- 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 |
|---|---|---|---|---|---|---|---|---|
| 401 Executive Center Dr West Palm Beach, FL | 1.0–3.0 | 1.0–2.0 | 899 | $1,860 | $2.07 | 11d | 8 | 0.14mi |
| 407 Executive Center Dr #203 West Palm Beach, FL | 2.0 | 2.0 | 925 | $2,000 | $2.16 | 11d | 1 | 0.18mi |
| 710 Executive Center Dr West Palm Beach, FL | 1.0–2.0 | 1.0–2.0 | 677 | $2,100 | $3.10 | 11d | 5 | 0.25mi |
| 500 N Congress Ave West Palm Beach, FL | 2.0 | 2.0 | 1500 | $2,015 | $1.34 | 11d | 1 | 0.28mi |
| 1727 San Benito Way Unit 15 West Palm Beach, FL | 2.0 | 2.5 | 1425 | $2,400 | $1.68 | 11d | 1 | 0.38mi |
| 499 Corte Madera Ln #4 West Palm Beach, FL | 2.0 | 2.5 | 1425 | $2,800 | $1.96 | 39d | 1 | 0.41mi |
| 447 Corte Madera Ln #6 West Palm Beach, FL | 2.0 | 2.5 | 1448 | $2,725 | $1.88 | 11d | 1 | 0.41mi |
| 290 Courtney Lakes Cir West Palm Beach, FL | 1.0–3.0 | 1.0–2.0 | 1069 | $3,004 | $2.81 | 0d | 15 | 0.43mi |
| 1517 Cameron Samuel Ln West Palm Beach, FL | 2.0 | 2.0 | 1000 | $2,250 | $2.25 | 11d | 1 | 0.50mi |
| 770 Millbrae Ct #4 West Palm Beach, FL | 2.0 | 2.5 | 1448 | $2,750 | $1.90 | 41d | 1 | 0.50mi |
| 1432 8th St West Palm Beach, FL | 3.0 | 1.0 | 1366 | $2,900 | $2.12 | 83d | 1 | 0.52mi |
| 767 Millbrae Ct #2 West Palm Beach, FL | 2.0 | 2.5 | 1326 | $2,650 | $2.00 | 11d | 1 | 0.53mi |
| 820 Millbrae Ct #4 West Palm Beach, FL | 2.0 | 2.5 | 1326 | $2,800 | $2.11 | 55d | 1 | 0.54mi |
| 833 Millbrae Ct #4 West Palm Beach, FL | 3.0 | 2.0 | 1116 | $2,900 | $2.60 | 83d | 1 | 0.56mi |
| 810 Marina del Ray Ln #5 West Palm Beach, FL | 2.0 | 2.5 | 1326 | $2,800 | $2.11 | 54d | 1 | 0.56mi |
| 810 Marina del Ray Ln #2 West Palm Beach, FL | 2.0 | 2.5 | 1448 | $2,500 | $1.73 | 3d | 1 | 0.56mi |
| 810 Marina del Ray Ln #5 West Palm Beach, FL | 2.0 | 2.5 | 1448 | $2,800 | $1.93 | 41d | 1 | 0.56mi |
| 1406 9th St West Palm Beach, FL | 3.0 | 1.0 | 912 | $2,200 | $2.41 | 3d | 1 | 0.60mi |
| 1406 9th St West Palm Beach, FL | 3.0 | 1.0 | 912 | $2,100 | $2.30 | 2d | 1 | 0.60mi |
| 870 Marina del Ray Ln #3 West Palm Beach, FL | 3.0 | 2.5 | 1448 | $2,750 | $1.90 | 11d | 1 | 0.61mi |
| 960 Millbrae Ct #4 West Palm Beach, FL | 2.0 | 2.5 | 1448 | $2,700 | $1.86 | 11d | 1 | 0.66mi |
| 980 Marina Del Ray Ln West Palm Beach, FL | 3.0 | 2.5 | 1258 | $3,200 | $2.54 | 10d | 1 | 0.67mi |
| 980 Marina del Ray Ln #2 West Palm Beach, FL | 3.0 | 2.5 | 1258 | $3,200 | $2.54 | 11d | 1 | 0.67mi |
| 1449 11th St West Palm Beach, FL | 3.0 | 2.0 | 1092 | $2,800 | $2.56 | 45d | 1 | 0.73mi |
| 300 S Australian Ave #1106 West Palm Beach, FL | 2.0 | 2.0 | 1233 | $6,000 | $4.87 | 54d | 1 | 0.82mi |
| 300 S Australian Ave #1613 West Palm Beach, FL | 2.0 | 2.0 | 1386 | $4,600 | $3.32 | 11d | 1 | 0.82mi |
| 300 S Australian Ave #1512 West Palm Beach, FL | 2.0 | 2.0 | 1116 | $4,500 | $4.03 | 5d | 1 | 0.82mi |
| 300 S Australian Ave #919 West Palm Beach, FL | 2.0 | 2.0 | 1222 | $3,300 | $2.70 | 67d | 1 | 0.82mi |
| 300 S Australian Ave #919 West Palm Beach, FL | 2.0 | 2.0 | 1222 | $3,200 | $2.62 | 72d | 1 | 0.82mi |
| 300 S Australian Ave #1520 West Palm Beach, FL | 3.0 | 2.0 | 1188 | $4,500 | $3.79 | 20d | 1 | 0.82mi |
| 300 S Australian Ave #328 West Palm Beach, FL | 1.0 | 1.0 | 846 | $3,250 | $3.84 | 83d | 1 | 0.82mi |
| 300 S Australian Ave #1115 West Palm Beach, FL | 1.0 | 1.0 | 774 | $2,500 | $3.23 | 10d | 1 | 0.82mi |
| 300 S Australian Ave #1608 West Palm Beach, FL | 2.0 | 2.0 | 1085 | $5,700 | $5.25 | 54d | 1 | 0.82mi |
| 300 S Australian Ave #207 West Palm Beach, FL | 2.0 | 2.0 | 1245 | $3,100 | $2.49 | 80d | 1 | 0.82mi |
| 300 S Australian Ave #419 West Palm Beach, FL | 2.0 | 2.0 | 1186 | $3,750 | $3.16 | 112d | 1 | 0.82mi |
| 300 S Australian Ave West Palm Beach, FL | 3.0 | 2.0 | 1377 | $6,000 | $4.36 | 120d | 1 | 0.82mi |
| 300 S Australian Ave #327 West Palm Beach, FL | 1.0 | 1.0 | 838 | $2,750 | $3.28 | 40d | 1 | 0.82mi |
| 300 S Australian Ave West Palm Beach, FL | 2.0 | 2.0 | 1233 | $4,150 | $3.37 | 10d | 1 | 0.82mi |
| 300 S Australian Ave #1605 West Palm Beach, FL | 3.0 | 2.0 | 1188 | $4,800 | $4.04 | 120d | 1 | 0.82mi |
| 300 S Australian Ave #1418 West Palm Beach, FL | 2.0 | 2.0 | 1225 | $7,000 | $5.71 | 94d | 1 | 0.82mi |
Property features AI
Finance
- Financial info
- Pets allowed (breed restrictions and possible pet restrictions)
- HOA & community
- Association with monthly feeHOA amenities: billiard room, clubhouse, elevator(s), fitness center, game room, laundry, pool, storage, manager on site, community room, pickleball court(s), street lightsHOA fee includes cable TV, insurance, grounds maintenance, security, sewer, trash, water, common areas, elevator
Exterior
- Parking
- Assigned and open parking2 open parking spaces
- Security
- Gated community (no guard)
- Utilities
- Public waterPublic sewerThree-phase electricCable available
- Home design
- CondominiumResale propertyFaces southwest5-story building
- Construction
- Stucco and CBS construction
- Exterior features
- Not waterfront
Interior
- Kitchen
- DishwasherElectric rangeRefrigerator
- Bedrooms
- 2 bedrooms on the main level
- Flooring
- Carpet
- Bathrooms
- 2 full bathrooms on the main level
- Heating & cooling
- Central electric heatingCentral air conditioningCeiling fan(s)
- Interior features
- Walk-in closet(s)
- Laundry & utility
- On-site laundry (building amenity)
HOA detail $880/mo · $10,560/yr condo
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-07-20days on market $179,000 Active 140 DOM
-
2026-07-18days on market $179,000 Active 138 DOM
-
2026-07-16days on market $179,000 Active 136 DOM
-
2026-07-15days on market $179,000 Active 135 DOM
-
2026-07-14days on market $179,000 Active 134 DOM
-
2026-07-13days on market $179,000 Active 133 DOM
-
2026-07-13days on market $179,000 Active 132 DOM
-
2026-07-12days on market $179,000 Active 131 DOM
-
2026-07-10days on market $179,000 Active 130 DOM
-
2026-07-09days on market $179,000 Active 129 DOM
-
2026-07-07days on market $179,000 Active 127 DOM
-
2026-07-06days on market $179,000 Active 126 DOM
-
2026-07-06days on market $179,000 Active 125 DOM
-
2026-07-05days on market $179,000 Active 124 DOM
-
2026-07-03days on market $179,000 Active 123 DOM
-
2026-07-02days on market $179,000 Active 122 DOM
-
2026-07-01days on market $179,000 Active 121 DOM
-
2026-06-30days on market $179,000 Active 120 DOM
-
2026-06-29days on market $179,000 Active 119 DOM
-
2026-06-28days on market $179,000 Active 118 DOM
-
2026-06-27days on market $179,000 Active 117 DOM
-
2026-06-26days on market $179,000 Active 116 DOM
-
2026-06-24days on market $179,000 Active 114 DOM
-
2026-06-22days on market $179,000 Active 112 DOM
-
2026-06-21days on market $179,000 Active 111 DOM
-
2026-06-18days on market $179,000 Active 108 DOM
-
2026-06-17days on market $179,000 Active 107 DOM
-
2026-06-16days on market $179,000 Active 106 DOM
-
2026-06-15days on market $179,000 Active 105 DOM
-
2026-06-13days on market $179,000 Active 103 DOM
-
2026-06-09days on market $179,000 Active 99 DOM
-
2026-06-08days on market $179,000 Active 98 DOM
-
2026-06-07days on market $179,000 Active 97 DOM
-
2026-06-04days on market $179,000 Active 94 DOM
-
2026-06-03days on market $179,000 Active 93 DOM
-
2026-06-02days on market $179,000 Active 92 DOM
-
2026-06-01days on market $179,000 Active 91 DOM
-
2026-05-31days on market $179,000 Active 90 DOM
-
2026-05-14price $179,000
-
2026-03-02$185,000 Active
-
2006-06-29historical
-
2006-03-10$184,999
-
2005-11-04soldstatus $165,000
-
2005-11-02soldstatus $165,000 212-char remark
Show marketing remark (212 chars)
SPACIOUS FLOORPLAN. FRESHLY PAINTED INTERIOR. NEW BERBER CARPET THRUOUT NEW VERTICALS AND VALANCE. NEW D/R FIXTURE, NEW CEILING FAN, NEW MIRROR DOORS, NEW VANITIES, LARGE KITCHEN WITH FLAT TOP STOVE. EASY TO SHOW
-
2005-10-04historical 212-char remark
Show marketing remark (212 chars)
SPACIOUS FLOORPLAN. FRESHLY PAINTED INTERIOR. NEW BERBER CARPET THRUOUT NEW VERTICALS AND VALANCE. NEW D/R FIXTURE, NEW CEILING FAN, NEW MIRROR DOORS, NEW VANITIES, LARGE KITCHEN WITH FLAT TOP STOVE. EASY TO SHOW
-
2005-09-06$169,900 212-char remark
Show marketing remark (212 chars)
SPACIOUS FLOORPLAN. FRESHLY PAINTED INTERIOR. NEW BERBER CARPET THRUOUT NEW VERTICALS AND VALANCE. NEW D/R FIXTURE, NEW CEILING FAN, NEW MIRROR DOORS, NEW VANITIES, LARGE KITCHEN WITH FLAT TOP STOVE. EASY TO SHOW
-
2005-03-04soldstatus $130,000
-
2005-03-04soldstatus $130,000
-
2005-02-04historical
-
2005-01-17$130,000
ⓘ 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
- $647 · $54/mo
- Projected year-2 tax
- $1,486 · $124/mo
- Expected delta
- +$839/yr (+$70/mo · 129.7%)
ⓘ 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
- $33,843
- − Mortgage interest
- −$10,027
- − Property taxes
- −$647
- − Insurance
- −$895
- − Repairs & maintenance
- −$2,707
- − Management
- −$2,707
- − HOA
- −$10,560
- − Depreciation
- −$5,207
- Taxable income
- $1,093
combined federal + state — saved on this device
- Est. tax owed @ 24.0%
- −$262
- After-tax cash flow
- $3,108/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 · 9 photos
45/100
Moderate rehab
Est. rehab $28,325–$50,985 screening
This property requires significant exterior and interior repairs, including repainting and roof repair. Immediate updates will improve its curb appeal and value.
Components & finishes AI
Roof flat membrane
Deferred maintenance Est. $10,000–$30,000 screening
- Major Roof (roof|hvac|water heater|windows|electrical|plumbing|exterior|other) — Flat membrane roofs typically require frequent maintenance and replacement.
Repairs flagged
- Major exterior siding — Severe weathering and peeling
- Major roof — Signs of wear and tear
- Major flooring — Worn carpet
- Major interior walls/paint — Worn paint and general wear
Value-add opportunities
- Both paint exterior — Enhances curb appeal and resale value ↑
- Both repair roof — Fixes major structural issue and improves resale value ↑
- Both replace carpet — Fresh carpet improves aesthetics and rental appeal ↑
- Both paint interior walls — Fresh paint enhances interior aesthetics and resale value ↑
ⓘ Rehab cost is a screening estimate — Moderate 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%
- Common ancestry
- Hispanic 6% Slovak 2% Romanian 2%
- Foreign-born
- 26% · Canada, Jamaica, China
- 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
+37.7% since first listed12 events — show timeline
- 2026-05-14 Price Changed $179,000 Beaches MLS
- 2026-03-02 Listed $185,000 Beaches MLS
- 2006-06-29 Listing Removed — Beaches MLS
- 2006-03-10 Listed $184,999 Beaches MLS
- 2005-11-04 Sold (Public Records) $165,000 Public Records
- 2005-11-02 Sold (MLS) $165,000 Beaches MLS
- 2005-10-04 Listing Removed — Beaches MLS
- 2005-09-06 Listed $169,900 Beaches MLS
- 2005-03-04 Sold (Public Records) $130,000 Public Records
- 2005-03-04 Sold (MLS) $130,000 Beaches MLS
- 2005-02-04 Listing Removed — Beaches MLS
- 2005-01-17 Listed $130,000 Beaches MLS
Property tax history
+5.6%/yrLatest (2025): $647 · +7.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…