2558 Gardens Pkwy · Palm Beach Gardens, FL 33410

$490,000

2 bd · 3.5 ba · 2,096 sqft · Townhouse public records · 21 Days on market

Built 2005 1,459 sqft lot $453/mo HOA · 9% of rent

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +13.9/30.0
• ARV discount +7.5/15.0
• 1% rule +5.2/10.0
• Schools +4.3/10.0
• DSCR +4.2/10.0
• Livability +3.5/5.0
• Rent growth +3.1/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Home is being sold via auction. Inviting 3-story townhouse in Palm Beach Gardens featuring 2 bedrooms, 3.5 baths, dual master suites, flexible ground-floor living space, and a 2-car garage with parking for up to 4 vehicles total. Move-in ready with whole-house water filtration and central vacuum. Community amenities include a pool, gym, party room, extra parking, and direct access to Frenchman's Forest Natural Area. Conveniently located within walking distance to The Gardens Mall and a short drive to Juno Beach. Asking price is the starting bid price only. Seller reserves the right to accept or reject any offer. Please present all offers by June 2, 2026, with proof of funds or loan qualific

Key facts

• 3 story townhouse
• Central vacuum
• Dual master suites

Tags

• 3 STORY TOWNHOUSE
• DUAL MASTER SUITES
• WHOLE HOUSE WATER FILTRATION
• CENTRAL VACUUM
• SHORT DRIVE TO JUNO BEACH

Property features AI

Finance

• Other: Pets allowed (restrictions and limits may apply); HOA fee covers grounds maintenance, security, common areas, recreation facility, and pool service
• HOA & community: Community amenities include fitness center, pool, parking, sidewalks, street lights, and security; HOA dues paid monthly

Exterior

• Parking: Attached 2-car garage; Driveway parking; Total parking for 4 vehicles (2 covered, 2 open)
• Security: Gated community with guard
• Utilities: Public water; Public sewer; Cable connected; Electricity connected; Underground utilities
• Home design: Townhouse; Multi/split levels (3 stories total); Entry level: 1; Faces south; Resale condition
• Construction: Stucco and wood frame construction; Concrete and tile roof; Slab foundation; Built area and living area recorded (public records)
• Exterior features: Front door and garage entry; No waterfront; Asphalt public road frontage (west of US-1)

Interior

• Kitchen: Dishwasher; Microwave; Refrigerator; Garbage disposal; Electric water heater
• Bedrooms: No main-level bedrooms
• Flooring: Carpet; Tile
• Bathrooms: 3 full bathrooms and 1 half bathroom; One bathroom on the main level
• Heating & cooling: Central heating; Central air conditioning; Ceiling fans
• Interior features: Split bedroom layout; Furnished: negotiable

What this means for you Summary

Snapshot

• This is a 2-bed/3.5-bath townhouse listed at $490k.

Deal economics

• At list price, monthly cash flow is $52 ($619/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($5k rent vs $490k).
• Recommended offer: $483k (1.5% below list) — sets the bar for market timing.

Location & tenants

• Location reads 69/100 on livability (#464 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F, cost of living F.
• Palm Beach (suburban): math 46% / reading 53% proficiency, ranked #34 of 73 in FL (top 47%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Dwight D. Eisenhower Elementary School (math 52% / reading 52%, grade C-, #990 of 2,144 statewide, top 48%, 432 students, 56% FRL); Howell L. Watkins Middle School (math 18% / reading 33%, grade F, #512 of 571 statewide, top 90%, 794 students, 76% FRL); William T. Dwyer High School (math 36% / reading 58%, grade D-, #207 of 667 statewide, top 32%, 2,206 students, 37% FRL) — zoned schools at 57% FRL track the district average.
• Market conditions: Rents rising (+2.5%/yr); 309 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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 $5,015/mo this rent would consume 64% of the median local household income ($95k/yr) (locally 1429% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $15k 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.

Negotiation context

• It's been on market 21 days — a 2% lower offer ($483k) is reasonable based on typical stale-listing flexibility.
• 23 sale attempts since 20y 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

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $482,650 (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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
5. 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.
6. 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.
7. 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: 1.02% ✓
• Cap rate: 6.42%
• Cash-on-cash: 0.45%
• DSCR: 1.02
• GRM: 8.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.49% rent growth · sell at horizon

5-year hold

• IRR: -16.1%
• Equity multiple: 0.43×
• Total profit: $-78,281
• Equity at exit: $73,061

10-year hold

• IRR: -8.7%
• Equity multiple: 0.47×
• Total profit: $-72,722
• Equity at exit: $42,366

Cash invested: $137,200 (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 33410

• Rents YoY: 2.5%
• Active inventory: 309
• Price-to-rent: 8.1×

Monthly cashflow live

• Estimated rent: $5,015 high
• Mortgage (P&I): −$2,570
• Tax from tax record: −$684 /mo · $8,204/yr
• Insurance: −$204
• HOA: −$453
• Vacancy / Maint / Mgmt: −$1,053
• Net cashflow: $52

Break-even live

Break-even rent $4,950

Max offer price $490,000

Occupancy floor 94%

Sensitivity live

Price	-10% $329	-5% $190	+0% $52	+5% $-87	+10% $-226
Rent	-10% $-345	-5% $-147	+0% $52	+5% $250	+10% $448
Rate	-1.0pp $298	-0.5pp $176	base $52	+0.5pp $-75	+1.0pp $-205

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: $122,500
• Closing costs: $14,700
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
11860 Valencia Gardens Ave Palm Beach Gardens, FL	3.0	3.5	2150	$3,800	$1.77	26d	1	0.20mi
2395 Idlewild Rd Palm Beach Gardens, FL	3.0	2.0	1476	$4,500	$3.05	24d	1	0.29mi
754 Cable Beach Ln West Palm Beach, FL	3.0	2.5	2279	$6,150	$2.70	26d	1	0.71mi
3270 Grove Rd Unit 1326860P Palm Beach Gardens, FL	3.0	2.0	1496	$5,492	$3.67	0d	1	0.74mi
1891 Juno Landing Ln North Palm Beach, FL	3.0	2.5	2138	$5,450	$2.55	6d	1	0.77mi
1950 Juno Landing Ln North Palm Beach, FL	3.0	2.5	2138	$4,950	$2.32	19d	1	0.77mi
730 Cable Beach Ln West Palm Beach, FL	3.0	2.5	2279	$4,900	$2.15	24d	1	0.78mi
106 Renaissance Dr West Palm Beach, FL	3.0	3.0	2021	$6,000	$2.97	26d	1	0.81mi
2415 Laurel Ln West Palm Beach, FL	2.0	2.5	1916	$8,500	$4.44	26d	1	0.82mi
2245 Monet Rd West Palm Beach, FL	3.0	3.5	2569	$13,500	$5.25	5d	1	0.86mi
1827 Len Dr North Palm Beach, FL	2.0	1.0	1600	$5,500	$3.44	4d	1	0.86mi
1827 Len Dr North Palm Beach, FL	2.0	1.0	1600	$5,500	$3.44	3d	1	0.86mi
160 Lost Bridge Dr Palm Beach Gardens, FL	3.0	2.0	1826	$4,500	$2.46	16d	1	0.88mi
49 Uno Lago Dr Juno Beach, FL	2.0	2.5	1494	$5,500	$3.68	26d	1	0.91mi
318 Oak Harbour Dr #318 Juno Beach, FL	2.0	2.0	1533	$4,000	$2.61	26d	1	0.94mi
3610 Gardens Pkwy Unit 402A Palm Beach Gardens, FL	2.0	2.5	1831	$5,500	$3.00	26d	1	0.95mi
222 E Tall Oaks Cir Palm Beach Gardens, FL	3.0	2.0	1577	$5,000	$3.17	24d	1	0.96mi
3620 Gardens Pkwy Unit 503B Palm Beach Gardens, FL	3.0	3.0	2622	$7,000	$2.67	26d	1	0.97mi
3630 Gardens Pkwy Unit 1104C Palm Beach Gardens, FL	2.0	2.5	1831	$5,250	$2.87	20d	1	0.98mi
3630 Gardens Pkwy Unit 1004C Palm Beach Gardens, FL	2.0	2.5	1831	$5,000	$2.73	26d	1	0.98mi
925 Bay Colony Dr S Juno Beach, FL	2.0	2.0	1590	$6,500	$4.09	26d	1	0.99mi
431 Bay Colony Dr N Juno Beach, FL	3.0	3.0	1859	$5,500	$2.96	26d	1	1.00mi
300 Uno Lago Dr Juno Beach, FL	2.0–3.0	2.0	1319	$3,000	$2.27	4d	1	1.01mi
800 Uno Lago Dr #305 Juno Beach, FL	3.0	2.0	1446	$5,000	$3.46	26d	1	1.01mi
515 Bay Colony Dr N Juno Beach, FL	3.0	2.0	1509	$12,000	$7.95	7d	1	1.04mi
444 Bay Colony Dr S Juno Beach, FL	3.0	2.5	1859	$6,500	$3.50	19d	1	1.05mi
12155 US Highway 1 North Palm Beach, FL	1.0–3.0	1.0–2.0	1297	$3,566	$2.75	0d	23	1.05mi
11021 Legacy Ln #303 Palm Beach Gardens, FL	2.0	2.0	1403	$2,950	$2.10	26d	1	1.08mi
382 Golfview Rd Unit C North Palm Beach, FL	2.0	2.0	1513	$2,950	$1.95	26d	1	1.10mi
1660 Twelve Oaks Way #203 North Palm Beach, FL	2.0	2.0	1492	$7,500	$5.03	21d	1	1.11mi
11370 Twelve Oaks Way #614 North Palm Beach, FL	2.0	2.0	1535	$3,750	$2.44	26d	1	1.11mi
1640 Twelve Oaks Way #101 North Palm Beach, FL	3.0	3.0	1895	$3,500	$1.85	26d	1	1.11mi
11011 Legacy Dr #306 Palm Beach Gardens, FL	2.0	2.0	1403	$4,350	$3.10	26d	1	1.16mi
374 Golfview Rd #205 North Palm Beach, FL	3.0	2.0	1978	$5,000	$2.53	6d	1	1.16mi
12931 N Normandy Way West Palm Beach, FL	3.0	2.5	2561	$13,500	$5.27	1d	1	1.17mi
370 Golfview Rd North Palm Beach, FL	2.0	2.0	1724	$3,775	$2.19	3d	2	1.18mi
1 Water Club Way North Palm Beach, FL	3.0–4.0	3.0–4.0	2154	$12,500	$5.80	20d	3	1.21mi
12897 La Rochelle Cir Palm Beach Gardens, FL	3.0	2.0	2004	$8,000	$3.99	6d	1	1.23mi
12897 La Rochelle Cir Palm Beach Gardens, FL	3.0	2.0	2004	$8,000	$3.99	4d	1	1.23mi
3 Water Club Way #401 North Palm Beach, FL	3.0	3.5	2148	$18,500	$8.61	18d	1	1.26mi

HOA detail

• Monthly dues: $453 · $5,436/yr
• Likely covers: waterpoolgym

Listing history 50 events

1. 2026-06-02
   days on market $490,000 Active 21 DOM
2. 2026-06-01
   days on market $490,000 Active 20 DOM
3. 2026-05-31
   days on market $490,000 Active 19 DOM
4. 2026-05-09
   listed $490,000 Active
5. 2024-09-12
   historical $6,500
6. 2024-08-04
   listed $6,500
7. 2024-07-29
   historical $4,000
8. 2024-07-29
   historical
9. 2024-07-21
   listed $4,000
10. 2024-07-18
    price $580,000
11. 2024-07-06
    price $576,225
12. 2024-07-04
    historical $4,000
13. 2024-06-26
    listed $4,000
14. 2024-06-26
    status Active
15. 2024-06-25
    historical
16. 2024-06-25
    listed $585,000
17. 2024-06-24
    historical
18. 2024-05-31
    historical $4,000
19. 2024-05-22
    listed $4,000
20. 2024-05-19
    historical $4,000
21. 2024-05-10
    listed $4,000
22. 2024-05-10
    historical $4,000
23. 2024-05-01
    listed $4,000
24. 2024-05-01
    historical $4,000
25. 2024-04-23
    listed $4,000
26. 2024-04-18
    price $565,000
27. 2024-04-12
    listed $620,000 Active
28. 2024-04-08
    historical $4,000
29. 2024-03-30
    listed $4,000
30. 2024-03-26
    historical $4,000
31. 2024-03-12
    listed $4,000
32. 2024-03-12
    historical $4,000
33. 2024-03-04
    listed $4,000
34. 2024-03-04
    historical $4,000
35. 2024-02-24
    listed $4,000
36. 2024-02-24
    historical $4,000
37. 2024-02-14
    listed $4,000
38. 2024-02-14
    historical $4,000
39. 2024-02-06
    listed $4,000
40. 2024-02-06
    historical $4,000
41. 2024-01-29
    listed $4,000
42. 2024-01-29
    historical $4,000
43. 2024-01-21
    listed $4,000
44. 2024-01-21
    historical $4,000
45. 2024-01-15
    listed $4,000
46. 2024-01-15
    historical $4,000
47. 2024-01-04
    listed $4,000
48. 2022-04-14
    soldstatus $560,000
49. 2022-04-08
    soldstatus $560,000 Closed
50. 2022-03-17
    historical Active Under Contract

ⓘ 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: $8,204 · $684/mo
• Projected year-2 tax: $8,204 · $684/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 4/10 Moderate FEMA zone X (unshaded) · 22% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥106°F today · 24 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: $60,183
• − Mortgage interest: −$27,448
• − Property taxes: −$8,204
• − Insurance: −$2,450
• − Repairs & maintenance: −$4,815
• − Management: −$4,815
• − HOA: −$5,436
• − Depreciation: −$14,255
• Taxable loss: −$7,239
• Est. tax savings @ 24.0%: +$1,737
• After-tax cash flow: $2,356/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 — Palm Beach Gardens

• Score: 69/100
• State rank: #464
• US rank: #8366

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Palm Beach Gardens, FL
• County: Palm Beach County · 1,438,312 people
• City population: 96,294
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 36,759
• Household income: $94,530
• Rent vs Own: 27.7% rent · 72.3% own
• Severe rent burden: 1429.0

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 (70%)
• Race & ethnicity: White 70% Hispanic / Latino 15% Two or more races 13% Black 5% Asian 4%
• Hispanic origin (detail): Mexican 2% Puerto Rican 2% Cuban 3%
• Common ancestry: Romanian 4% Lithuanian 3% Slovak 2%
• Foreign-born: 17% · Canada, Jamaica, Vietnam
• Languages at home: 78% English-only · Spanish 13% French/Haitian/Cajun 3% 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: ▼ -346.12%
• Current HPI: 375.5381
• Rent YoY: ▲ 2.49%
• 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

+22.5% since first listed

52 events — show timeline

• 2026-05-09 Listed $490,000 Beaches MLS
• 2024-09-12 Rental Removed $6,500 RMLSFL
• 2024-08-04 Listed for Rent $6,500 RMLSFL
• 2024-07-29 Rental Removed $4,000 REALLYO
• 2024-07-29 Listing Removed — Beaches MLS
• 2024-07-21 Listed for Rent $4,000 REALLYO
• 2024-07-18 Price Changed $580,000 Beaches MLS
• 2024-07-06 Price Changed $576,225 Beaches MLS
• 2024-07-04 Rental Removed $4,000 REALLYO
• 2024-06-26 Listed for Rent $4,000 REALLYO
• 2024-06-26 Relisted — Beaches MLS
• 2024-06-25 Listing Removed — Beaches MLS
• 2024-06-25 Listed $585,000 Beaches MLS
• 2024-06-24 Listing Removed — Beaches MLS
• 2024-05-31 Rental Removed $4,000 REALLYO
• 2024-05-22 Listed for Rent $4,000 REALLYO
• 2024-05-19 Rental Removed $4,000 REALLYO
• 2024-05-10 Listed for Rent $4,000 REALLYO
• 2024-05-10 Rental Removed $4,000 REALLYO
• 2024-05-01 Listed for Rent $4,000 REALLYO
• 2024-05-01 Rental Removed $4,000 REALLYO
• 2024-04-23 Listed for Rent $4,000 REALLYO
• 2024-04-18 Price Changed $565,000 Beaches MLS
• 2024-04-12 Listed $620,000 Beaches MLS
• 2024-04-08 Rental Removed $4,000 REALLYO
• 2024-03-30 Listed for Rent $4,000 REALLYO
• 2024-03-26 Rental Removed $4,000 REALLYO
• 2024-03-12 Listed for Rent $4,000 REALLYO
• 2024-03-12 Rental Removed $4,000 REALLYO
• 2024-03-04 Listed for Rent $4,000 REALLYO
• 2024-03-04 Rental Removed $4,000 REALLYO
• 2024-02-24 Listed for Rent $4,000 REALLYO
• 2024-02-24 Rental Removed $4,000 REALLYO
• 2024-02-14 Listed for Rent $4,000 REALLYO
• 2024-02-14 Rental Removed $4,000 REALLYO
• 2024-02-06 Listed for Rent $4,000 REALLYO
• 2024-02-06 Rental Removed $4,000 REALLYO
• 2024-01-29 Listed for Rent $4,000 REALLYO
• 2024-01-29 Rental Removed $4,000 REALLYO
• 2024-01-21 Listed for Rent $4,000 REALLYO
• 2024-01-21 Rental Removed $4,000 REALLYO
• 2024-01-15 Listed for Rent $4,000 REALLYO
• 2024-01-15 Rental Removed $4,000 REALLYO
• 2024-01-04 Listed for Rent $4,000 REALLYO
• 2022-04-14 Sold (Public Records) $560,000 Public Records
• 2022-04-08 Sold (MLS) $560,000 Beaches MLS
• 2022-03-17 Contingent — Beaches MLS
• 2022-03-09 Listed $550,000 Beaches MLS
• 2022-03-04 Coming Soon $550,000 Beaches MLS
• 2013-09-21 Listing Removed — Beaches MLS
• 2006-05-19 Listed $425,000 Beaches MLS
• 2005-10-14 Sold (Public Records) $400,000 Public Records

Property tax history

+5.7%/yr

Latest (2025): $8,204 · -5.2% YoY. Source: county tax records.