300 S Australian Ave #601 · 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 9/10 · Severe
- Hot days now (above 105°F)
- 6 days/yr
- Hot days in 30 yrs
- 22 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 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 +9.4/30.0
- ARV discount +7.5/15.0
- 1% rule +6.3/10.0
- Schools +4.3/10.0
- Livability +4.1/5.0
- Rent growth +3.8/5.0
- DSCR +2.6/10.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$295,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
GREAT INVESTMENT RENTED $1,450 A MONTH! IN THE HEART OF WPB DOWNTONW, NEW YORK SYTLE LOFT 1/1 WITH FANTASTIC CITY VIEWS IN A VERY DESIRABLE LOCATION AND ONE OF THE MOST POPULAR BUILDING IN DOWNTOWN. STAINLESS STEEL APPLIANCES, GRANITE COUNTERTOPS, BEAUTIFUL CONTEMPORARY LIGHT WOOD CABINETS, BUILT-IN GRANITE TOP COMPACT OFFICE DESK, W/ D IN THE UNIT, 10FT CEILINGS & MORE! . PET-FRIENDLY BUILDING, UP TO 2 PETS, NO WEIGHT RESTRICTIONS. NO AGGRESSIVE BREEDS. RENTALBLE 12X YEAR, 24 HR CONCIERE, SECURED GARAGE, COVERED PARKING, WI-FI INTERNET IN DESIGNATED AREAS, BREATHTAKING AMENITIES INCLUDING OLYMPIC SIZE POOL, 4,000 SQ. FT. STATE OF THE ART CLUB HOUSE WITH 4 PLAZMA TV'S, DVD PLAYER AND PLAYSTATION, KITCHEN FACILITY, GREAT FITNESS CENTER, CYBER CAFE, AUDIO CONTROL PANELS THROUGHOUT CLUBHOUSE
Key facts
- Lake view
- Jacuzzi
- Olympic size pool
Tags
Property features AI
Finance
- Financial info: Pets allowed (size limit)
- HOA & community: HOA with monthly fee; Community amenities include pool, spa/hot tub, fitness center, billiard room, picnic area, bike storage, kitchen facilities; HOA fee covers water, sewer, trash, elevator, insurance, grounds maintenance, pest control, roof repairs, reserve funds, recreation facility and pool service; Internet included; Assigned parking provided
Exterior
- Parking: Attached garage (1 car), covered and assigned parking
- Security: Fire alarm; Fire sprinkler system; Secured garage/parking; Key card entry; Smoke detectors; Security system
- Utilities: Cable available
- Home design: Condominium; Resale unit; Faces east; 16-story building; Accessible elevator installed
- Construction: CBS construction
- Exterior features: Not waterfront
Interior
- Kitchen: Electric range; Dishwasher; Microwave; Refrigerator; Garbage disposal
- Bedrooms: 1 bedroom on the main level
- Flooring: Carpet; Tile
- Bathrooms: 1 full bathroom
- Heating & cooling: Central heating; Central air; Ceiling fan(s)
- Interior features: Kitchen island; Furnished
- Laundry & utility: Electric water heater
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/1.0-bath condo listed at $295k.
Deal economics
- At list price, monthly cash flow is $-209 ($-3k/yr) — negative.
- To cash-flow at today's rent, offer at most $258k (12.5% below list).
- Meets the 1% rule at list price ($3k rent vs $295k).
- Recommended offer: $258k (12.5% below list) — sets the bar for cash-flow.
- Cap rate 5.4% 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: Roosevelt Elementary School (math 22% / reading 22%, grade F, #2,080 of 2,144 statewide, top 97%, 324 students, 86% 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 77% FRL vs 52% district-wide (25 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Zoned-school proficiency averages 23% at this address vs 50% district-wide (-26 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); 507 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals leasing fast (median 5d on market — plan ~1-2 weeks tenant-placement turnaround); 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 $2k of loan paydown is wiped out by about $9k 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 102 days — a 9% lower offer ($268k) is reasonable based on typical stale-listing flexibility.
- 7 sale attempts since 15y 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 $138k; list at $295k implies a 114% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: HOA is 24% of rent.
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 6→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- 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?
- It's been on market 102 days. Have you received any prior offers? Is the seller open to a 13% concession, seller financing, or rate buy-down credit?
- 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?
- 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?
- 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
- 1.13% ✓
- Cap rate
- 5.44%
- Cash-on-cash
- -3.04%
- DSCR
- 0.86
- GRM
- 7.4
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 5.15% rent growth · sell at horizon
- IRR
- -17.8%
- Equity multiple
- 0.36×
- Total profit
- $-53,194
- Equity at exit
- $43,985
- IRR
- -4.8%
- Equity multiple
- 0.64×
- Total profit
- $-29,626
- Equity at exit
- $25,506
Cash invested: $82,600 (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
ZIP-level market 33401
- Rents YoY
- 5.2%
- Active inventory
- 507
- Price-to-rent
- 7.4×
Monthly cashflow live
- Estimated rent
- $3,337 high interval (Pro) →
- Mortgage (P&I)
- −$1,547
- Tax from tax record
- −$360 /mo · $4,322/yr
- Insurance
- −$123
- HOA
- −$815
- Vacancy / Maint / Mgmt
- −$701
- Net cashflow
- $-209
Break-even live
Sensitivity live
| Price | -10% $-42 | -5% $-125 | +0% $-209 | +5% $-292 | +10% $-376 |
|---|---|---|---|---|---|
| Rent | -10% $-473 | -5% $-341 | +0% $-209 | +5% $-77 | +10% $55 |
| Rate | -1.0pp $-60 | -0.5pp $-134 | base $-209 | +0.5pp $-285 | +1.0pp $-363 |
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
- $73,750
- Closing costs
- $8,850
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 20 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 201 Clearwater Dr West Palm Beach, FL | 2.0 | 1.0–2.0 | 727 | $3,414 | $4.70 | 26d | 19 | 0.04mi |
| 201 Clearwater Dr West Palm Beach, FL | 2.0 | 1.0–2.0 | 731 | $4,365 | $5.97 | 12d | 16 | 0.04mi |
| 591 Evernia St West Palm Beach, FL | 2.0 | 1.0–2.0 | 943 | $4,270 | $4.53 | 0d | 22 | 0.42mi |
| 651 Okeechobee Blvd West Palm Beach, FL | 1.0–2.0 | 1.0–2.5 | 887 | $3,000 | $3.38 | 15d | 5 | 0.53mi |
| 499 Evernia St West Palm Beach, FL | 2.0 | 1.0–2.0 | 827 | $3,192 | $3.86 | 0d | 26 | 0.62mi |
| 480 Hibiscus St West Palm Beach, FL | 1.0–2.0 | 1.0–2.0 | 867 | $3,600 | $4.15 | 4d | 4 | 0.64mi |
| 480 Hibiscus St West Palm Beach, FL | 1.0–2.0 | 1.5–2.0 | 885 | $3,495 | $3.95 | 26d | 3 | 0.64mi |
| 333 Fern St West Palm Beach, FL | 2.0 | 1.0–2.0 | 1121 | $3,932 | $3.51 | 0d | 1 | 0.68mi |
| 1710 N Congress Ave West Palm Beach, FL | 1.0–3.0 | 1.0–2.0 | 1210 | $2,495 | $2.06 | 26d | 4 | 0.68mi |
| 345 Banyan Blvd West Palm Beach, FL | 3.0 | 1.0–2.0 | 1023 | $4,017 | $3.92 | 3d | 19 | 0.72mi |
| 255 Evernia St #1421 West Palm Beach, FL | 1.0 | 1.0 | 666 | $3,000 | $4.50 | 12d | 1 | 0.79mi |
| 290 N Olive Ave West Palm Beach, FL | 2.0 | 1.0–2.0 | 870 | $3,827 | $4.40 | 0d | 20 | 0.80mi |
| 740 N Dixie Hwy West Palm Beach, FL | 1.0 | 1.0 | 679 | $3,187 | $4.69 | 1d | 6 | 0.86mi |
| 805 N Olive Ave West Palm Beach, FL | 1.0–2.0 | 1.0–2.0 | 852 | $2,405 | $2.82 | 0d | 16 | 0.86mi |
| 1050 Blanche St West Palm Beach, FL | 2.0 | 1.0–2.0 | 740 | $2,838 | $3.83 | 4d | 8 | 1.02mi |
| 44 Cocoanut Row Unit 610A Palm Beach, FL | 1.0 | 1.0 | 540 | $11,000 | $20.37 | 26d | 1 | 1.32mi |
| 1500 Centrepark Blvd West Palm Beach, FL | 2.0 | 1.0–2.0 | 862 | $2,630 | $3.05 | 1d | 18 | 1.36mi |
| 1801 N Flagler Dr West Palm Beach, FL | 1.0–2.0 | 1.0–2.0 | 998 | $3,000 | $3.01 | 20d | 4 | 1.44mi |
| 1801 N Flagler Dr West Palm Beach, FL | 1.0–2.0 | 1.0–2.0 | 1125 | $3,000 | $2.67 | 3d | 7 | 1.44mi |
| 1801 N Flagler Dr West Palm Beach, FL | 1.0–2.0 | 1.0–2.0 | 998 | $3,250 | $3.26 | 26d | 3 | 1.44mi |
HOA detail condo
- Monthly dues
- $815 · $9,780/yr
- Likely covers
- internetpoolgym
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 33 events
-
2026-06-21days on market $295,000 Active 102 DOM
-
2026-06-18days on market $295,000 Active 99 DOM
-
2026-06-17days on market $295,000 Active 98 DOM
-
2026-06-16days on market $295,000 Active 97 DOM
-
2026-06-15days on market $295,000 Active 96 DOM
-
2026-06-13days on market $295,000 Active 94 DOM
-
2026-06-09days on market $295,000 Active 90 DOM
-
2026-06-08days on market $295,000 Active 89 DOM
-
2026-06-07days on market $295,000 Active 88 DOM
-
2026-06-04days on market $295,000 Active 85 DOM
-
2026-06-03days on market $295,000 Active 84 DOM
-
2026-06-02days on market $295,000 Active 83 DOM
-
2026-06-01days on market $295,000 Active 82 DOM
-
2026-05-31days on market $295,000 Active 81 DOM
-
2026-04-17price $295,000
-
2026-02-25$310,000 Active
-
2025-08-13historical $2,200
-
2025-07-16$2,200
-
2025-07-09historical $2,300
-
2025-06-05price $2,300
-
2025-05-30$2,200
-
2019-05-20soldstatus $138,000
-
2019-05-09soldstatus $138,000 Closed 805-char remark
Show marketing remark (805 chars)
GREAT INVESTMENT RENTED $1,450 A MONTH! IN THE HEART OF WPB DOWNTONW, NEW YORK SYTLE LOFT 1/1 WITH FANTASTIC CITY VIEWS IN A VERY DESIRABLE LOCATION AND ONE OF THE MOST POPULAR BUILDING IN DOWNTOWN. STAINLESS STEEL APPLIANCES, GRANITE COUNTERTOPS, BEAUTIFUL CONTEMPORARY LIGHT WOOD CABINETS, BUILT-IN GRANITE TOP COMPACT OFFICE DESK, W/ D IN THE UNIT, 10FT CEILINGS & MORE! . PET-FRIENDLY BUILDING, UP TO 2 PETS, NO WEIGHT RESTRICTIONS. NO AGGRESSIVE BREEDS. RENTALBLE 12X YEAR, 24 HR CONCIERE, SECURED GARAGE, COVERED PARKING, WI-FI INTERNET IN DESIGNATED AREAS, BREATHTAKING AMENITIES INCLUDING OLYMPIC SIZE POOL, 4,000 SQ. FT. STATE OF THE ART CLUB HOUSE WITH 4 PLAZMA TV'S, DVD PLAYER AND PLAYSTATION, KITCHEN FACILITY, GREAT FITNESS CENTER, CYBER CAFE, AUDIO CONTROL PANELS THROUGHOUT CLUBHOUSE
-
2019-04-09status Pending 805-char remark
Show marketing remark (805 chars)
GREAT INVESTMENT RENTED $1,450 A MONTH! IN THE HEART OF WPB DOWNTONW, NEW YORK SYTLE LOFT 1/1 WITH FANTASTIC CITY VIEWS IN A VERY DESIRABLE LOCATION AND ONE OF THE MOST POPULAR BUILDING IN DOWNTOWN. STAINLESS STEEL APPLIANCES, GRANITE COUNTERTOPS, BEAUTIFUL CONTEMPORARY LIGHT WOOD CABINETS, BUILT-IN GRANITE TOP COMPACT OFFICE DESK, W/ D IN THE UNIT, 10FT CEILINGS & MORE! . PET-FRIENDLY BUILDING, UP TO 2 PETS, NO WEIGHT RESTRICTIONS. NO AGGRESSIVE BREEDS. RENTALBLE 12X YEAR, 24 HR CONCIERE, SECURED GARAGE, COVERED PARKING, WI-FI INTERNET IN DESIGNATED AREAS, BREATHTAKING AMENITIES INCLUDING OLYMPIC SIZE POOL, 4,000 SQ. FT. STATE OF THE ART CLUB HOUSE WITH 4 PLAZMA TV'S, DVD PLAYER AND PLAYSTATION, KITCHEN FACILITY, GREAT FITNESS CENTER, CYBER CAFE, AUDIO CONTROL PANELS THROUGHOUT CLUBHOUSE
-
2019-03-27status Active 805-char remark
Show marketing remark (805 chars)
GREAT INVESTMENT RENTED $1,450 A MONTH! IN THE HEART OF WPB DOWNTONW, NEW YORK SYTLE LOFT 1/1 WITH FANTASTIC CITY VIEWS IN A VERY DESIRABLE LOCATION AND ONE OF THE MOST POPULAR BUILDING IN DOWNTOWN. STAINLESS STEEL APPLIANCES, GRANITE COUNTERTOPS, BEAUTIFUL CONTEMPORARY LIGHT WOOD CABINETS, BUILT-IN GRANITE TOP COMPACT OFFICE DESK, W/ D IN THE UNIT, 10FT CEILINGS & MORE! . PET-FRIENDLY BUILDING, UP TO 2 PETS, NO WEIGHT RESTRICTIONS. NO AGGRESSIVE BREEDS. RENTALBLE 12X YEAR, 24 HR CONCIERE, SECURED GARAGE, COVERED PARKING, WI-FI INTERNET IN DESIGNATED AREAS, BREATHTAKING AMENITIES INCLUDING OLYMPIC SIZE POOL, 4,000 SQ. FT. STATE OF THE ART CLUB HOUSE WITH 4 PLAZMA TV'S, DVD PLAYER AND PLAYSTATION, KITCHEN FACILITY, GREAT FITNESS CENTER, CYBER CAFE, AUDIO CONTROL PANELS THROUGHOUT CLUBHOUSE
-
2019-03-21status Pending 805-char remark
Show marketing remark (805 chars)
GREAT INVESTMENT RENTED $1,450 A MONTH! IN THE HEART OF WPB DOWNTONW, NEW YORK SYTLE LOFT 1/1 WITH FANTASTIC CITY VIEWS IN A VERY DESIRABLE LOCATION AND ONE OF THE MOST POPULAR BUILDING IN DOWNTOWN. STAINLESS STEEL APPLIANCES, GRANITE COUNTERTOPS, BEAUTIFUL CONTEMPORARY LIGHT WOOD CABINETS, BUILT-IN GRANITE TOP COMPACT OFFICE DESK, W/ D IN THE UNIT, 10FT CEILINGS & MORE! . PET-FRIENDLY BUILDING, UP TO 2 PETS, NO WEIGHT RESTRICTIONS. NO AGGRESSIVE BREEDS. RENTALBLE 12X YEAR, 24 HR CONCIERE, SECURED GARAGE, COVERED PARKING, WI-FI INTERNET IN DESIGNATED AREAS, BREATHTAKING AMENITIES INCLUDING OLYMPIC SIZE POOL, 4,000 SQ. FT. STATE OF THE ART CLUB HOUSE WITH 4 PLAZMA TV'S, DVD PLAYER AND PLAYSTATION, KITCHEN FACILITY, GREAT FITNESS CENTER, CYBER CAFE, AUDIO CONTROL PANELS THROUGHOUT CLUBHOUSE
-
2019-02-25$149,900 Active 805-char remark
Show marketing remark (805 chars)
GREAT INVESTMENT RENTED $1,450 A MONTH! IN THE HEART OF WPB DOWNTONW, NEW YORK SYTLE LOFT 1/1 WITH FANTASTIC CITY VIEWS IN A VERY DESIRABLE LOCATION AND ONE OF THE MOST POPULAR BUILDING IN DOWNTOWN. STAINLESS STEEL APPLIANCES, GRANITE COUNTERTOPS, BEAUTIFUL CONTEMPORARY LIGHT WOOD CABINETS, BUILT-IN GRANITE TOP COMPACT OFFICE DESK, W/ D IN THE UNIT, 10FT CEILINGS & MORE! . PET-FRIENDLY BUILDING, UP TO 2 PETS, NO WEIGHT RESTRICTIONS. NO AGGRESSIVE BREEDS. RENTALBLE 12X YEAR, 24 HR CONCIERE, SECURED GARAGE, COVERED PARKING, WI-FI INTERNET IN DESIGNATED AREAS, BREATHTAKING AMENITIES INCLUDING OLYMPIC SIZE POOL, 4,000 SQ. FT. STATE OF THE ART CLUB HOUSE WITH 4 PLAZMA TV'S, DVD PLAYER AND PLAYSTATION, KITCHEN FACILITY, GREAT FITNESS CENTER, CYBER CAFE, AUDIO CONTROL PANELS THROUGHOUT CLUBHOUSE
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2018-09-04historical
-
2017-11-13$169,000 Active
-
2012-01-31soldstatus $110,000
-
2012-01-17soldstatus $110,000
-
2011-11-28historical
-
2011-09-16$134,000
ⓘ 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
- $4,322 · $360/mo
- Projected year-2 tax
- $4,322 · $360/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 6 d/yr ≥105°F today · 22 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
- $40,042
- − Mortgage interest
- −$16,525
- − Property taxes
- −$4,322
- − Insurance
- −$1,475
- − Repairs & maintenance
- −$3,203
- − Management
- −$3,203
- − HOA
- −$9,780
- − Depreciation
- −$8,582
- Taxable loss
- −$7,048
- Est. tax savings @ 24.0%
- +$1,692
- After-tax cash flow
- $-816/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 — West Palm Beach
- Score
- 82/100
- State rank
- #75
- US rank
- #1255
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- West Palm Beach, FL
- County
- Palm Beach County · 1,438,312 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
- 2953.0
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 0.68)
- 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 |
|
||
| Insurance | 2 | $17B |
|
||
| Retail | 1 | $60B |
|
||
| Technology Distribution | 1 | $58B |
|
||
| Homebuilding | 1 | $35B |
|
||
| Technology Manufacturing | 1 | $35B |
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Price history
+120.1% since first listed19 events — show timeline
- 2026-04-17 Price Changed $295,000 Beaches MLS
- 2026-02-25 Listed $310,000 Beaches MLS
- 2025-08-13 Rental Removed $2,200 GFLMLS
- 2025-07-16 Listed for Rent $2,200 GFLMLS
- 2025-07-09 Rental Removed $2,300 GFLMLS
- 2025-06-05 Price Changed $2,300 GFLMLS
- 2025-05-30 Listed for Rent $2,200 GFLMLS
- 2019-05-20 Sold (Public Records) $138,000 Public Records
- 2019-05-09 Sold (MLS) $138,000 Beaches MLS
- 2019-04-09 Pending — Beaches MLS
- 2019-03-27 Relisted — Beaches MLS
- 2019-03-21 Pending — Beaches MLS
- 2019-02-25 Listed $149,900 Beaches MLS
- 2018-09-04 Listing Removed — Beaches MLS
- 2017-11-13 Listed $169,000 Beaches MLS
- 2012-01-31 Sold (Public Records) $110,000 Public Records
- 2012-01-17 Sold (MLS) $110,000 Beaches MLS
- 2011-11-28 Listing Removed — Beaches MLS
- 2011-09-16 Listed $134,000 Beaches MLS
Property tax history
+5.4%/yrLatest (2025): $4,322 · +5.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…