126 Sparrow Dr Unit 22a · Royal Palm Beach, FL 33411

$242,000

2 bd · 2.0 ba · 900 sqft · Condo public records · 123 Days on market

Built 1974 $406/mo HOA · 20% 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).

• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• Cash flow +7.3/30.0
• Schools +4.3/10.0
• Livability +4.0/5.0
• 1% rule +3.4/10.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• DSCR +1.5/10.0

Listing remarks MLS

Don't miss this amazing winter retreat or first-time buyer's dream home! Excellent central location across the street from Veteran's park, walking distance to RPB farmer's market and shopping. This 2/2 ground floor condo nicely tucked away under in a private nook behind the pool with a finished screen patio and direct access to the pool gate. Updates include knockdown walls/ceilings throughout, newer appliances, new laminate flooring, Pet policy is up to two cats under 20 lbs. Vehicle restrictions allow some pick up trucks but no motorcycles/RVs/boats. Quiet, safe and peaceful complex. Has exterior storage locker and gated/locked areas for bicycles. Washer/dryer negotiable, furnishings negotiable.

Key facts

• $406 HOA
• 2 parking spots
• Community pool

Property features AI

Finance

• Other: Pets allowed
• HOA & community: Community pool; Assigned parking included in association; Monthly HOA fee of $406; HOA covers insurance, grounds maintenance, sewer, trash, water, and common areas

Exterior

• Parking: Assigned parking (2 total spaces); No carport
• Utilities: Public water; Public sewer; Three-phase electric; Sewer available; Water available
• Home design: Condominium; Resale condition; 2 stories; Faces west
• Construction: CBS construction
• Exterior features: No waterfront

Interior

• Kitchen: Dishwasher; Electric range; Microwave; Refrigerator
• Bedrooms: 2 bedrooms on the main level
• Flooring: Laminate
• Bathrooms: 2 full bathrooms on the main level
• Heating & cooling: Central electric heating; Central electric air conditioning
• Interior features: Walk-in closets; Split bedroom layout
• Laundry & utility: Electric water heater

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $242k.

Deal economics

• At list price, monthly cash flow is $-320 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $185k (23.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $202k (16.3% below list).
• Recommended offer: $185k (23.4% below list) — sets the bar for cash-flow.

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; 583 active listings in the ZIP; 33 comparable units currently listed for rent nearby; rentals at typical pace (median 23d 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).

Forward outlook

• In year one you build about $26k of equity ($2k loan paydown + $24k 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.
• By year 2, paydown + projected appreciation supports a ~$42k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 123 days — a 12% lower offer ($213k) is reasonable based on typical stale-listing flexibility.
• 5 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.
• Current owner paid $135k; list at $242k implies a 79% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: HOA is 20% 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 $185,444 (23.4% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 123 days. Have you received any prior offers? Is the seller open to a 23% concession, seller financing, or rate buy-down credit?
3. Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. 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?
6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
8. 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?
9. 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?
10. 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.
11. 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.
12. 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: 0.84% ✗
• Cap rate: 4.71%
• Cash-on-cash: -5.67%
• DSCR: 0.75
• GRM: 10.0

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: 19.6%
• Equity multiple: 2.58×
• Total profit: $107,303
• Equity at exit: $218,013

10-year hold

• IRR: 17.5%
• Equity multiple: 5.79×
• Total profit: $324,429
• Equity at exit: $470,153

Cash invested: $67,760 (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: 583
• Price-to-rent: 10.0×

Monthly cashflow live

• Estimated rent: $2,025 high
• Mortgage (P&I): −$1,269
• Tax from tax record: −$144 /mo · $1,725/yr
• Insurance: −$101
• HOA: −$406
• Vacancy / Maint / Mgmt: −$425
• Net cashflow: $-320

Break-even live

Break-even rent $2,430

Max offer price $185,444

Occupancy floor —

Sensitivity live

Price	-10% $-183	-5% $-252	+0% $-320	+5% $-389	+10% $-457
Rent	-10% $-480	-5% $-400	+0% $-320	+5% $-240	+10% $-160
Rate	-1.0pp $-198	-0.5pp $-259	base $-320	+0.5pp $-383	+1.0pp $-447

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: $60,500
• Closing costs: $7,260
• Reserves months: —
• Total cash needed: —

Rent comps 33 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
120 Sparrow Dr #205 Royal Palm Beach, FL	2.0	2.0	793	$2,200	$2.77	26d	1	0.05mi
120 Sparrow Dr Royal Palm Beach, FL	2.0	2.0–2.5	793	$2,200	$2.77	24d	2	0.05mi
139 Sparrow Dr Royal Palm Beach, FL	2.0–3.0	1.5–2.5	1100	$1,850	$1.68	17d	3	0.14mi
73 Macadamia Ct Royal Palm Beach, FL	2.0	2.0	1112	$2,000	$1.80	13d	1	0.30mi
7 Greenway Vlg N Royal Palm Beach, FL	1.0–2.0	1.5–2.0	930	$1,700	$1.83	19d	2	0.37mi
7 Greenway Vlg N #107 Royal Palm Beach, FL	1.0	1.5	780	$1,650	$2.12	6d	1	0.37mi
2 Greenway Vlg N #210 Royal Palm Beach, FL	2.0	2.0	1080	$2,000	$1.85	26d	1	0.37mi
4 Greenway Vlg N #203 Royal Palm Beach, FL	2.0	2.0	1080	$2,000	$1.85	26d	1	0.43mi
149 West Ct Royal Palm Beach, FL	1.0	1.0	648	$1,800	$2.78	1d	1	0.47mi
149 West Ct Royal Palm Beach, FL	1.0	1.0	648	$1,800	$2.78	13d	1	0.47mi
12009 Poinciana Blvd #102 Royal Palm Beach, FL	1.0	1.0	660	$1,500	$2.27	26d	1	0.51mi
12007 Poinciana Blvd #205 Royal Palm Beach, FL	2.0	2.0	1088	$1,590	$1.46	17d	1	0.52mi
12002 Poinciana Blvd #204 Royal Palm Beach, FL	2.0	2.0	1048	$1,750	$1.67	26d	1	0.56mi
202 Sparrow Dr #1 Royal Palm Beach, FL	3.0	2.0	1020	$2,400	$2.35	26d	1	0.59mi
210 Sparrow Dr #4 Royal Palm Beach, FL	2.0	2.0	930	$1,900	$2.04	22d	1	0.64mi
12021 W Greenway Dr #101 Royal Palm Beach, FL	1.0	1.5	660	$1,400	$2.12	26d	1	0.66mi
4 W Greenway Dr Unit 201 Royal Palm Beach, FL	1.0	1.5	780	$1,450	$1.86	26d	1	0.67mi
263 Deerfield Ct Royal Palm Beach, FL	2.0	2.0	1120	$1,800	$1.61	26d	1	0.68mi
1049 Grandview Cir Royal Palm Beach, FL	3.0	2.0	792	$3,100	$3.91	19d	1	0.81mi
201 Seminole Lakes Dr Royal Palm Beach, FL	1.0	1.0	800	$1,400	$1.75	26d	1	0.87mi
280 Crestwood Cir #204 Royal Palm Beach, FL	2.0	2.0	1024	$2,150	$2.10	17d	1	1.28mi
10324 Fox Trail Rd S Unit 324 Royal Palm Beach, FL	2.0	2.0	1048	$1,900	$1.81	26d	1	1.41mi
10336 Fox Trail Rd S #1305 West Palm Beach, FL	2.0	2.0	1048	$2,100	$2.00	26d	1	1.41mi
310 Crestwood Ct N Unit 310 Royal Palm Beach, FL	2.0	2.0	1112	$2,250	$2.02	6d	1	1.41mi
10354 Fox Trail Rd S #1501 West Palm Beach, FL	2.0	2.0	1048	$2,000	$1.91	19d	1	1.42mi
10360 Fox Trail Rd S #1602 West Palm Beach, FL	2.0	2.0	1048	$1,920	$1.83	22d	1	1.43mi
10342 Fox Trail Rd S Unit 342 Royal Palm Beach, FL	1.0	1.0	784	$1,700	$2.17	26d	1	1.44mi
600 Crestwood Ct N #609 Royal Palm Beach, FL	2.0	2.0	1112	$2,250	$2.02	17d	1	1.45mi
300 Crestwood Ct N #310 Royal Palm Beach, FL	2.0	2.0	1112	$2,250	$2.02	6d	1	1.46mi
10306 Fox Trail Rd S #912 West Palm Beach, FL	1.0	1.0	775	$1,700	$2.19	5d	1	1.48mi
10348 Fox Trail Rd S #513 West Palm Beach, FL	2.0	2.0	1048	$1,900	$1.81	0d	1	1.48mi
10336 Fox Trail Rd S Royal Palm Beach, FL	2.0	2.0	1048	$2,100	$2.00	1d	1	1.48mi
700 Crestwood Ct S #708 Royal Palm Beach, FL	2.0	2.0	1075	$2,750	$2.56	26d	1	1.49mi

HOA detail condo

• Monthly dues: $406 · $4,872/yr
• Likely covers: poolsecurity
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 31 events

1. 2026-06-21
   days on market $242,000 Active 123 DOM
2. 2026-06-18
   days on market $242,000 Active 120 DOM
3. 2026-06-17
   days on market $242,000 Active 119 DOM
4. 2026-06-16
   days on market $242,000 Active 118 DOM
5. 2026-06-15
   days on market $242,000 Active 117 DOM
6. 2026-06-13
   days on market $242,000 Active 115 DOM
7. 2026-06-09
   days on market $242,000 Active 111 DOM
8. 2026-06-07
   days on market $242,000 Active 109 DOM
9. 2026-06-04
   days on market $242,000 Active 106 DOM
10. 2026-06-03
    days on market $242,000 Active 105 DOM
11. 2026-06-01
    days on market $242,000 Active 103 DOM
12. 2026-05-31
    days on market $242,000 Active 102 DOM
13. 2026-05-01
    price $242,000
14. 2026-03-23
    price $246,500
15. 2026-02-18
    listed $249,900 Active
16. 2021-03-16
    soldstatus $135,000
17. 2021-03-12
    soldstatus $135,000 Closed 709-char remark

    Show marketing remark (709 chars)

    Don't miss this amazing winter retreat or first-time buyer's dream home! Excellent central location across the street from Veteran's park, walking distance to RPB farmer's market and shopping. This 2/2 ground floor condo nicely tucked away under in a private nook behind the pool with a finished screen patio and direct access to the pool gate. Updates include knockdown walls/ceilings throughout, newer appliances, new laminate flooring, Pet policy is up to two cats under 20 lbs. Vehicle restrictions allow some pick up trucks but no motorcycles/RVs/boats. Quiet, safe and peaceful complex. Has exterior storage locker and gated/locked areas for bicycles. Washer/dryer negotiable, furnishings negotiable.

18. 2021-03-09
    status Pending 709-char remark

    Show marketing remark (709 chars)

    Don't miss this amazing winter retreat or first-time buyer's dream home! Excellent central location across the street from Veteran's park, walking distance to RPB farmer's market and shopping. This 2/2 ground floor condo nicely tucked away under in a private nook behind the pool with a finished screen patio and direct access to the pool gate. Updates include knockdown walls/ceilings throughout, newer appliances, new laminate flooring, Pet policy is up to two cats under 20 lbs. Vehicle restrictions allow some pick up trucks but no motorcycles/RVs/boats. Quiet, safe and peaceful complex. Has exterior storage locker and gated/locked areas for bicycles. Washer/dryer negotiable, furnishings negotiable.

19. 2021-02-12
    historical Contingent 709-char remark

    Show marketing remark (709 chars)

    Don't miss this amazing winter retreat or first-time buyer's dream home! Excellent central location across the street from Veteran's park, walking distance to RPB farmer's market and shopping. This 2/2 ground floor condo nicely tucked away under in a private nook behind the pool with a finished screen patio and direct access to the pool gate. Updates include knockdown walls/ceilings throughout, newer appliances, new laminate flooring, Pet policy is up to two cats under 20 lbs. Vehicle restrictions allow some pick up trucks but no motorcycles/RVs/boats. Quiet, safe and peaceful complex. Has exterior storage locker and gated/locked areas for bicycles. Washer/dryer negotiable, furnishings negotiable.

20. 2021-02-09
    listed $139,900 Active 709-char remark

    Show marketing remark (709 chars)

    Don't miss this amazing winter retreat or first-time buyer's dream home! Excellent central location across the street from Veteran's park, walking distance to RPB farmer's market and shopping. This 2/2 ground floor condo nicely tucked away under in a private nook behind the pool with a finished screen patio and direct access to the pool gate. Updates include knockdown walls/ceilings throughout, newer appliances, new laminate flooring, Pet policy is up to two cats under 20 lbs. Vehicle restrictions allow some pick up trucks but no motorcycles/RVs/boats. Quiet, safe and peaceful complex. Has exterior storage locker and gated/locked areas for bicycles. Washer/dryer negotiable, furnishings negotiable.

21. 2017-01-03
    soldstatus $86,000
22. 2016-12-29
    soldstatus $83,000 Closed 482-char remark

    Show marketing remark (482 chars)

    THIS IS A BEAUTIFUL UNIT, GROUND FLOOR, POOL IS RIGHT OFF THE PATIO, ACROSS THE HALL YOU CAN GO OUT TO A LOVELY CANAL BRING A FISHING POLE AND RELAX, THEN GO ACROSS THE STREET AND ENJOY YOUR SELF AND FAMILY AND THE VETERANS PARK, IT HAS A BREAKFAST AND LUNCH DINER, PARK FOR WITH A PLAYGROUND, WATER FOUNTAINS, AND PAVILLIONS TO GRILL AND RENT FOR PRIVATE PARTIES. 2 BEDROOM 2 FULL BATHS, JUST PAINTED, KITCHEN HAS YOUR OWN STACKABLE WASHER AND DRYER, THE PATIO OVER LOOKS THE POOL.

23. 2016-11-29
    historical Contingent 482-char remark

    Show marketing remark (482 chars)

    THIS IS A BEAUTIFUL UNIT, GROUND FLOOR, POOL IS RIGHT OFF THE PATIO, ACROSS THE HALL YOU CAN GO OUT TO A LOVELY CANAL BRING A FISHING POLE AND RELAX, THEN GO ACROSS THE STREET AND ENJOY YOUR SELF AND FAMILY AND THE VETERANS PARK, IT HAS A BREAKFAST AND LUNCH DINER, PARK FOR WITH A PLAYGROUND, WATER FOUNTAINS, AND PAVILLIONS TO GRILL AND RENT FOR PRIVATE PARTIES. 2 BEDROOM 2 FULL BATHS, JUST PAINTED, KITCHEN HAS YOUR OWN STACKABLE WASHER AND DRYER, THE PATIO OVER LOOKS THE POOL.

24. 2016-11-10
    price $89,000 482-char remark

    Show marketing remark (482 chars)

    THIS IS A BEAUTIFUL UNIT, GROUND FLOOR, POOL IS RIGHT OFF THE PATIO, ACROSS THE HALL YOU CAN GO OUT TO A LOVELY CANAL BRING A FISHING POLE AND RELAX, THEN GO ACROSS THE STREET AND ENJOY YOUR SELF AND FAMILY AND THE VETERANS PARK, IT HAS A BREAKFAST AND LUNCH DINER, PARK FOR WITH A PLAYGROUND, WATER FOUNTAINS, AND PAVILLIONS TO GRILL AND RENT FOR PRIVATE PARTIES. 2 BEDROOM 2 FULL BATHS, JUST PAINTED, KITCHEN HAS YOUR OWN STACKABLE WASHER AND DRYER, THE PATIO OVER LOOKS THE POOL.

25. 2016-11-10
    status Active 482-char remark

    Show marketing remark (482 chars)

    THIS IS A BEAUTIFUL UNIT, GROUND FLOOR, POOL IS RIGHT OFF THE PATIO, ACROSS THE HALL YOU CAN GO OUT TO A LOVELY CANAL BRING A FISHING POLE AND RELAX, THEN GO ACROSS THE STREET AND ENJOY YOUR SELF AND FAMILY AND THE VETERANS PARK, IT HAS A BREAKFAST AND LUNCH DINER, PARK FOR WITH A PLAYGROUND, WATER FOUNTAINS, AND PAVILLIONS TO GRILL AND RENT FOR PRIVATE PARTIES. 2 BEDROOM 2 FULL BATHS, JUST PAINTED, KITCHEN HAS YOUR OWN STACKABLE WASHER AND DRYER, THE PATIO OVER LOOKS THE POOL.

26. 2016-10-31
    status Pending 482-char remark

    Show marketing remark (482 chars)

    THIS IS A BEAUTIFUL UNIT, GROUND FLOOR, POOL IS RIGHT OFF THE PATIO, ACROSS THE HALL YOU CAN GO OUT TO A LOVELY CANAL BRING A FISHING POLE AND RELAX, THEN GO ACROSS THE STREET AND ENJOY YOUR SELF AND FAMILY AND THE VETERANS PARK, IT HAS A BREAKFAST AND LUNCH DINER, PARK FOR WITH A PLAYGROUND, WATER FOUNTAINS, AND PAVILLIONS TO GRILL AND RENT FOR PRIVATE PARTIES. 2 BEDROOM 2 FULL BATHS, JUST PAINTED, KITCHEN HAS YOUR OWN STACKABLE WASHER AND DRYER, THE PATIO OVER LOOKS THE POOL.

27. 2016-10-21
    listed $99,000 Active 482-char remark

    Show marketing remark (482 chars)

    THIS IS A BEAUTIFUL UNIT, GROUND FLOOR, POOL IS RIGHT OFF THE PATIO, ACROSS THE HALL YOU CAN GO OUT TO A LOVELY CANAL BRING A FISHING POLE AND RELAX, THEN GO ACROSS THE STREET AND ENJOY YOUR SELF AND FAMILY AND THE VETERANS PARK, IT HAS A BREAKFAST AND LUNCH DINER, PARK FOR WITH A PLAYGROUND, WATER FOUNTAINS, AND PAVILLIONS TO GRILL AND RENT FOR PRIVATE PARTIES. 2 BEDROOM 2 FULL BATHS, JUST PAINTED, KITCHEN HAS YOUR OWN STACKABLE WASHER AND DRYER, THE PATIO OVER LOOKS THE POOL.

28. 2014-10-19
    historical
29. 2005-10-21
    listed $175,338
30. 2002-12-09
    soldstatus $60,000
31. 1988-09-28
    soldstatus $40,000

ⓘ 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: $1,725 · $144/mo
• Projected year-2 tax: $2,009 · $167/mo
• Expected delta: +$284/yr (+$24/mo · 16.4%)

ⓘ 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 2/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥107°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 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,296
• − Mortgage interest: −$13,556
• − Property taxes: −$1,725
• − Insurance: −$1,210
• − Repairs & maintenance: −$1,944
• − Management: −$1,944
• − HOA: −$4,872
• − Depreciation: −$7,040
• Taxable loss: −$7,994
• Est. tax savings @ 24.0%: +$1,919
• After-tax cash flow: $-1,923/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

+505.0% since first listed

19 events — show timeline

• 2026-05-01 Price Changed $242,000 Beaches MLS
• 2026-03-23 Price Changed $246,500 Beaches MLS
• 2026-02-18 Listed $249,900 Beaches MLS
• 2021-03-16 Sold (Public Records) $135,000 Public Records
• 2021-03-12 Sold (MLS) $135,000 Beaches MLS
• 2021-03-09 Pending — Beaches MLS
• 2021-02-12 Contingent — Beaches MLS
• 2021-02-09 Listed $139,900 Beaches MLS
• 2017-01-03 Sold (Public Records) $86,000 Public Records
• 2016-12-29 Sold (MLS) $83,000 Beaches MLS
• 2016-11-29 Contingent — Beaches MLS
• 2016-11-10 Price Changed $89,000 Beaches MLS
• 2016-11-10 Relisted — Beaches MLS
• 2016-10-31 Pending — Beaches MLS
• 2016-10-21 Listed $99,000 Beaches MLS
• 2014-10-19 Listing Removed — Beaches MLS
• 2005-10-21 Listed $175,338 Beaches MLS
• 2002-12-09 Sold (Public Records) $60,000 Public Records
• 1988-09-28 Sold (Public Records) $40,000 Public Records

Property tax history

+4.0%/yr

Latest (2025): $1,725 · +3.9% YoY. Source: county tax records.