14360 Strathmore Ln #203 · Delray 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 107°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
- 2 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 +23.8/30.0
- 1% rule +10.0/10.0
- DSCR +7.7/10.0
- ARV discount +7.5/15.0
- Appreciation +5.3/10.0
- Schools +4.3/10.0
- Livability +3.9/5.0
- Rent growth +2.6/5.0
- Condition / age +2.5/5.0
$159,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
VERY DESIRABLE, IMMACULATE 2 BEDROOM, 2 BATH CONDO. LARGE SCREENED PORCH HAS NICE VIEW OF LAKE AND EASY ROLL DOWN SHUTTERS. UNIT HAS LARGE BRIGHT AND CHEERY KITCHEN. CERAMIC TILE IN KITCHEN AND HALLWAYS. NEUTRAL CARPET IN LIVING/DINING ROOM AND BEDROOMS. MASTER BEDROOM HAS TWO WALK-IN CLOSETS. NEWER FULL-SIZE WASHER AND DRYER AND HOT WATER HEATER. THIS FABULOUS DEVELOPMENT HAS ALL THE ENTERTAINMENT YOU COULD EVER WANT. MAIN CLUBHOUSE HAS OLYMPIC SIZEINDOOR POOL WITH SAUNA AND FITNESS CENTER. OUTSTANDING THEATER OFFERS PROFESSIONAL SHOWS. THIS UNIT IS IN SECTION ONE WHICH IS THE ONLY SECTION TO OFFER A HEATED POOL AND SPA AND SATELLITE CLUB HOUSE. LOCATED CLOSE TO TURNPIKE, SHOPPING, RESTAURANTS AND ONLY MINUTES TO BUSTLING DOWNTOWN DELRAY BEACH. ALL DIMENSIONS APPROXIMATE.
Key facts
- Gated community
- Outdoor storage
- Lake views
Tags
Property features AI
Finance
- Other: Home warranty included
- Financial info: Pets not allowed
- HOA & community: Association managed by CAMPBELL PROPERTY MANAGEMENT; Monthly HOA fee (paid monthly); HOA covers cable TV, insurance, grounds and structure maintenance, pest control, security, trash, water, common areas, elevator, roof repairs, and pool service; Community amenities include billiard room, clubhouse, elevators, fitness center, game room, parking, pool (heated), sauna, spa/hot tub, storage, tennis courts, trash chute, bocce ball, courtesy bus, pickleball courts, gated community, security, and other recreation facilities; Senior community
Exterior
- Parking: Assigned parking plus guest parking (1 open parking space total)
- Security: Smoke detectors; Secure elevator; Security gate
- Utilities: Public water; Public sewer; Circuit breaker electric service; Cable available; Sewer and water connected
- Home design: Condominium; One level; Entry level: 2; Faces west; Resale property; Accessible elevator installed and accessible hallways; Secure elevator and gated community
- Construction: Built with CBS construction materials; Concrete / pre-stressed roof; 4-story building
- Exterior features: Waterfront (no specific waterfront features listed)
Interior
- Kitchen: Disposal; Dishwasher; Electric range; Refrigerator
- Bedrooms: 2 bedrooms on the main level
- Flooring: Carpet; Tile
- Bathrooms: 2 full bathrooms on the main level
- Heating & cooling: Central electric heating; Central air conditioning; Ceiling fan(s)
- Interior features: Entrance foyer; Walk-in closet(s); Split bedroom layout; Drapes and curtain rods; Furnished
- Laundry & utility: Laundry closet with washer hookup
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $159k.
Deal economics
- At list price, monthly cash flow is $305 ($4k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($3k rent vs $159k).
- Recommended offer: $154k (3.0% below list) — sets the bar for market timing.
- Cap rate 8.6% vs local median 4.3% in Delray 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 77/100 on livability (#202 in FL, #3,160 nationally) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, commute A-; Watch: cost of living C-, crime D-, amenities 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: Hagen Road Elementary School (math 55% / reading 63%, grade B-, #722 of 2,144 statewide, top 34%, 773 students, 46% FRL); Carver Middle School (math 22% / reading 34%, grade F, #486 of 571 statewide, top 86%, 732 students, 73% FRL); Spanish River Community High School (math 64% / reading 74%, grade B, #63 of 667 statewide, top 10%, 2,578 students, 25% FRL) — zoned schools at 48% FRL track the district average.
- Market conditions: Rents flat; 584 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 3,974 units permitted in Palm Beach County in 2024 (1,012 in 5+ unit buildings).
- This rent runs 43% of the median local income ($80k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- In year one you build about $2k of equity ($1k loan paydown + $1k appreciation (0.7% local appreciation)).
- Palm Beach County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- At projected returns (0.7% appreciation + 0.5% rent growth), your $45k cash investment doubles in ~9 years — after that, you're playing with house money.
Negotiation context
- It's been on market 52 days — a 3% lower offer ($154k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts since 20y ago; this cycle's ask has dropped $10k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: HOA is 29% 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.
Questions for the listing agent
- It's been on market 52 days. Have you received any prior offers? Is the seller open to a 3% 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?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- Crime grade is D 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
- 1.80% ✓
- Cap rate
- 8.60%
- Cash-on-cash
- 8.22%
- DSCR
- 1.37
- GRM
- 4.6
CMA / ARV
No comps found within radius.
Projected returns pro-forma
0.69% appreciation · 0.51% rent growth · sell at horizon
- IRR
- 6.3%
- Equity multiple
- 1.30×
- Total profit
- $13,556
- Equity at exit
- $51,704
- IRR
- 8.2%
- Equity multiple
- 1.87×
- Total profit
- $38,732
- Equity at exit
- $66,761
Cash invested: $44,520 (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 33446
- Home prices YoY
- 0.3%
- Rents YoY
- 0.5%
- Active inventory
- 584
- Price-to-rent
- 4.6×
Monthly cashflow live
- Estimated rent
- $2,864 high interval (Pro) →
- Mortgage (P&I)
- −$834
- Tax from tax record
- −$220 /mo · $2,646/yr
- Insurance
- −$66
- HOA
- −$837
- Vacancy / Maint / Mgmt
- −$601
- Net cashflow
- $305
Break-even live
Sensitivity live
| Price | -10% $395 | -5% $350 | +0% $305 | +5% $260 | +10% $215 |
|---|---|---|---|---|---|
| Rent | -10% $79 | -5% $192 | +0% $305 | +5% $418 | +10% $531 |
| Rate | -1.0pp $385 | -0.5pp $346 | base $305 | +0.5pp $264 | +1.0pp $222 |
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
- $39,750
- Closing costs
- $4,770
- 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 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 6866 Huntington Ln #305 Delray Beach, FL | 2.0 | 2.0 | 1230 | $4,500 | $3.66 | 25d | 1 | 0.11mi |
| 6795 Huntington Ln #406 Delray Beach, FL | 2.0 | 2.0 | 990 | $2,500 | $2.53 | 22d | 1 | 0.11mi |
| 14475 Strathmore Ln Delray Beach, FL | 2.0 | 2.0 | 1230 | $2,422 | $1.97 | 25d | 2 | 0.13mi |
| 7076 Huntington Ln #608 Delray Beach, FL | 2.0 | 2.0 | 1230 | $2,600 | $2.11 | 25d | 1 | 0.24mi |
| 14671 Bonaire Blvd #505 Delray Beach, FL | 1.0 | 2.0 | 925 | $1,600 | $1.73 | 25d | 1 | 0.27mi |
| 14307 Bedford Dr #302 Delray Beach, FL | 2.0 | 2.0 | 990 | $2,200 | $2.22 | 25d | 1 | 0.27mi |
| 14624 Three Ponds Trl Delray Beach, FL | 3.0 | 2.0 | 1411 | $3,250 | $2.30 | 19d | 1 | 0.28mi |
| 14556 Wiley Range Rd Delray Beach, FL | 2.0 | 2.0 | 1319 | $3,000 | $2.27 | 25d | 1 | 0.28mi |
| 14534 Highland Center Way Delray Beach, FL | 2.0 | 2.0 | 1319 | $3,400 | $2.58 | 9d | 1 | 0.33mi |
| 7192 Huntington Ln #307 Delray Beach, FL | 2.0 | 2.0 | 1070 | $3,500 | $3.27 | 19d | 1 | 0.35mi |
| 6557 Country Wood Way Delray Beach, FL | 3.0 | 2.0 | 1346 | $4,700 | $3.49 | 25d | 1 | 0.36mi |
| 32 Abbey Ln #207 Delray Beach, FL | 2.0 | 2.0 | 925 | $2,500 | $2.70 | 25d | 1 | 0.37mi |
| 31 Abbey Ln #207 Delray Beach, FL | 2.0 | 2.0 | 925 | $1,300 | $1.41 | 25d | 1 | 0.37mi |
| 6550 Country Wood Way Delray Beach, FL | 3.0 | 2.0 | 1408 | $4,000 | $2.84 | 25d | 1 | 0.37mi |
| 6550 Country Wood Way Delray Beach, FL | 3.0 | 2.0 | 1408 | $4,000 | $2.84 | 6d | 1 | 0.37mi |
| 23 Abbey Ln #208 Delray Beach, FL | 2.0 | 2.0 | 925 | $1,500 | $1.62 | 4d | 1 | 0.38mi |
| 6372 Sleepy Willow Way Delray Beach, FL | 2.0 | 2.0 | 1344 | $3,975 | $2.96 | 16d | 1 | 0.40mi |
| 6372 Sleepy Willow Way Delray Beach, FL | 2.0 | 2.0 | 1344 | $3,975 | $2.96 | 25d | 1 | 0.40mi |
| 21 Abbey Ln #107 Delray Beach, FL | 2.0 | 2.0 | 925 | $1,800 | $1.95 | 16d | 1 | 0.41mi |
| 6396 Country Wood Way Delray Beach, FL | 2.0 | 2.0 | 1364 | $3,000 | $2.20 | 25d | 1 | 0.42mi |
| 6234 Pointe Regal Cir Delray Beach, FL | 2.0 | 2.0 | 1217 | $3,899 | $3.20 | 25d | 1 | 0.43mi |
| 14608 Country Side Ln Delray Beach, FL | 2.0 | 2.0 | 1303 | $2,950 | $2.26 | 25d | 1 | 0.44mi |
| 20 Abbey Ln #102 Delray Beach, FL | 2.0 | 2.0 | 925 | $2,600 | $2.81 | 25d | 1 | 0.45mi |
| 7286 Huntington Ln #105 Delray Beach, FL | 2.0 | 2.0 | 1070 | $3,350 | $3.13 | 25d | 1 | 0.45mi |
| 19 Abbey Ln #206 Delray Beach, FL | 2.0 | 2.0 | 925 | $1,750 | $1.89 | 25d | 1 | 0.45mi |
| 14509 Sloan Ridge Dr Unit 10-104 Luminosa Delray Beach, FL | 3.0 | 2.0 | 1328 | $3,827 | $2.88 | 25d | 1 | 0.45mi |
| 14828 Golden Jax Ln Unit 8-105 Radiance Delray Beach, FL | 2.0 | 2.0 | 1321 | $3,948 | $2.99 | 16d | 1 | 0.45mi |
| 14828 Golden Jax Ln Unit 6-105 Radiance Delray Beach, FL | 2.0 | 2.0 | 1321 | $4,148 | $3.14 | 18d | 1 | 0.45mi |
| 14828 Golden Jax Ln Unit 8103 Delray Beach, FL | 2.0 | 2.0 | 1321 | $3,948 | $2.99 | 0d | 1 | 0.45mi |
| 14800 Cumberland Dr Delray Beach, FL | 2.0–3.0 | 2.0 | 1324 | $3,827 | $2.89 | 0d | 4 | 0.46mi |
| 14735 Wildflower Ln Delray Beach, FL | 2.0 | 2.0 | 1073 | $2,350 | $2.19 | 3d | 1 | 0.48mi |
| 3 Abbey Ln #102 Delray Beach, FL | 2.0 | 2.0 | 925 | $2,500 | $2.70 | 25d | 1 | 0.49mi |
| 14832 Wildflower Ln Delray Beach, FL | 2.0 | 2.0 | 1073 | $2,500 | $2.33 | 19d | 1 | 0.51mi |
| 14111 Royal Vista Dr #404 Delray Beach, FL | 2.0 | 2.0 | 1392 | $3,200 | $2.30 | 25d | 1 | 0.53mi |
| 14747 Wildflower Ln Delray Beach, FL | 2.0 | 2.0 | 1229 | $2,475 | $2.01 | 25d | 1 | 0.54mi |
| 6096 Kings Gate Cir Delray Beach, FL | 2.0 | 2.0 | 1311 | $2,500 | $1.91 | 25d | 1 | 0.54mi |
| 14 Willowbrook Ln #101 Delray Beach, FL | 2.0 | 2.0 | 1005 | $1,700 | $1.69 | 6d | 1 | 0.55mi |
| 14747 Cumberland Dr #301 Delray Beach, FL | 2.0 | 2.0 | 1044 | $1,900 | $1.82 | 25d | 1 | 0.56mi |
| 6813 Moonlit Dr Delray Beach, FL | 2.0 | 2.0 | 1148 | $2,150 | $1.87 | 25d | 1 | 0.58mi |
| 10 Willowbrook Ln #105 Delray Beach, FL | 2.0 | 2.0 | 1005 | $2,100 | $2.09 | 12d | 1 | 0.58mi |
HOA detail condo
- Monthly dues
- $837 · $10,044/yr
- Likely covers
- waterpoolgym
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 25 events
-
2026-06-21days on market $159,000 Active 52 DOM
-
2026-06-18days on market $159,000 Active 49 DOM
-
2026-06-17days on market $159,000 Active 48 DOM
-
2026-06-16days on market $159,000 Active 47 DOM
-
2026-06-15days on market $159,000 Active 46 DOM
-
2026-06-13days on market $159,000 Active 44 DOM
-
2026-06-09days on market $159,000 Active 40 DOM
-
2026-06-08days on market $159,000 Active 39 DOM
-
2026-06-07days on market $159,000 Active 38 DOM
-
2026-06-04days on market $159,000 Active 35 DOM
-
2026-06-03days on market $159,000 Active 34 DOM
-
2026-06-02days on market $159,000 Active 33 DOM
-
2026-06-01days on market $159,000 Active 32 DOM
-
2026-05-31days on market $159,000 Active 31 DOM
-
2026-05-22price $159,000
-
2026-04-30historical
-
2026-04-29$169,000 Active
-
2026-03-20price $169,000
-
2026-01-14price $179,900
-
2025-07-21$195,000 Active
-
2006-05-08soldstatus $181,500
-
2006-04-21soldstatus $181,500 783-char remark
Show marketing remark (783 chars)
VERY DESIRABLE, IMMACULATE 2 BEDROOM, 2 BATH CONDO. LARGE SCREENED PORCH HAS NICE VIEW OF LAKE AND EASY ROLL DOWN SHUTTERS. UNIT HAS LARGE BRIGHT AND CHEERY KITCHEN. CERAMIC TILE IN KITCHEN AND HALLWAYS. NEUTRAL CARPET IN LIVING/DINING ROOM AND BEDROOMS. MASTER BEDROOM HAS TWO WALK-IN CLOSETS. NEWER FULL-SIZE WASHER AND DRYER AND HOT WATER HEATER. THIS FABULOUS DEVELOPMENT HAS ALL THE ENTERTAINMENT YOU COULD EVER WANT. MAIN CLUBHOUSE HAS OLYMPIC SIZEINDOOR POOL WITH SAUNA AND FITNESS CENTER. OUTSTANDING THEATER OFFERS PROFESSIONAL SHOWS. THIS UNIT IS IN SECTION ONE WHICH IS THE ONLY SECTION TO OFFER A HEATED POOL AND SPA AND SATELLITE CLUB HOUSE. LOCATED CLOSE TO TURNPIKE, SHOPPING, RESTAURANTS AND ONLY MINUTES TO BUSTLING DOWNTOWN DELRAY BEACH. ALL DIMENSIONS APPROXIMATE.
-
2006-03-13historical 783-char remark
Show marketing remark (783 chars)
VERY DESIRABLE, IMMACULATE 2 BEDROOM, 2 BATH CONDO. LARGE SCREENED PORCH HAS NICE VIEW OF LAKE AND EASY ROLL DOWN SHUTTERS. UNIT HAS LARGE BRIGHT AND CHEERY KITCHEN. CERAMIC TILE IN KITCHEN AND HALLWAYS. NEUTRAL CARPET IN LIVING/DINING ROOM AND BEDROOMS. MASTER BEDROOM HAS TWO WALK-IN CLOSETS. NEWER FULL-SIZE WASHER AND DRYER AND HOT WATER HEATER. THIS FABULOUS DEVELOPMENT HAS ALL THE ENTERTAINMENT YOU COULD EVER WANT. MAIN CLUBHOUSE HAS OLYMPIC SIZEINDOOR POOL WITH SAUNA AND FITNESS CENTER. OUTSTANDING THEATER OFFERS PROFESSIONAL SHOWS. THIS UNIT IS IN SECTION ONE WHICH IS THE ONLY SECTION TO OFFER A HEATED POOL AND SPA AND SATELLITE CLUB HOUSE. LOCATED CLOSE TO TURNPIKE, SHOPPING, RESTAURANTS AND ONLY MINUTES TO BUSTLING DOWNTOWN DELRAY BEACH. ALL DIMENSIONS APPROXIMATE.
-
2006-02-11$189,777 783-char remark
Show marketing remark (783 chars)
VERY DESIRABLE, IMMACULATE 2 BEDROOM, 2 BATH CONDO. LARGE SCREENED PORCH HAS NICE VIEW OF LAKE AND EASY ROLL DOWN SHUTTERS. UNIT HAS LARGE BRIGHT AND CHEERY KITCHEN. CERAMIC TILE IN KITCHEN AND HALLWAYS. NEUTRAL CARPET IN LIVING/DINING ROOM AND BEDROOMS. MASTER BEDROOM HAS TWO WALK-IN CLOSETS. NEWER FULL-SIZE WASHER AND DRYER AND HOT WATER HEATER. THIS FABULOUS DEVELOPMENT HAS ALL THE ENTERTAINMENT YOU COULD EVER WANT. MAIN CLUBHOUSE HAS OLYMPIC SIZEINDOOR POOL WITH SAUNA AND FITNESS CENTER. OUTSTANDING THEATER OFFERS PROFESSIONAL SHOWS. THIS UNIT IS IN SECTION ONE WHICH IS THE ONLY SECTION TO OFFER A HEATED POOL AND SPA AND SATELLITE CLUB HOUSE. LOCATED CLOSE TO TURNPIKE, SHOPPING, RESTAURANTS AND ONLY MINUTES TO BUSTLING DOWNTOWN DELRAY BEACH. ALL DIMENSIONS APPROXIMATE.
-
1988-07-05soldstatus $65,000
ⓘ 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
- $2,646 · $220/mo
- Projected year-2 tax
- $2,646 · $220/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 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 1 unhealthy d/yr today · 2 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
- $34,370
- − Mortgage interest
- −$8,906
- − Property taxes
- −$2,646
- − Insurance
- −$795
- − Repairs & maintenance
- −$2,750
- − Management
- −$2,750
- − HOA
- −$10,044
- − Depreciation
- −$4,625
- Taxable income
- $1,854
- Est. tax owed @ 24.0%
- −$445
- After-tax cash flow
- $3,217/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 — Delray Beach
- Score
- 77/100
- State rank
- #202
- US rank
- #3160
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Palm Beach County · 1,438,312 people
- City population
- 123,167
- Metro
- Miami-Fort Lauderdale-Pompano Beach, FL
- Population (ZIP)
- 28,431
- Household income
- $80,187
- Rent vs Own
- Severe rent burden
- 494.0
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 (79%)
- Race & ethnicity
- White 79% Hispanic / Latino 13% Two or more races 9% Black 4%
- Hispanic origin (detail)
- Puerto Rican 3% Dominican 1%
- Common ancestry
- Romanian 9% Scotch-Irish 9% Italian 2%
- Foreign-born
- 20% · Canada, Jamaica, Guatemala
- Languages at home
- 80% English-only · Spanish 12% Other Indo-European 2% French/Haitian/Cajun 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
- ▲ 0.69%
- Current HPI
- 242.5138
- Rent YoY
- ▲ 0.51%
- 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
+144.6% since first listed11 events — show timeline
- 2026-05-22 Price Changed $159,000 Beaches MLS
- 2026-04-30 Listing Removed — MARMLS
- 2026-04-29 Listed $169,000 Beaches MLS
- 2026-03-20 Price Changed $169,000 MARMLS
- 2026-01-14 Price Changed $179,900 MARMLS
- 2025-07-21 Listed $195,000 MARMLS
- 2006-05-08 Sold (Public Records) $181,500 Public Records
- 2006-04-21 Sold (MLS) $181,500 Beaches MLS
- 2006-03-13 Listing Removed — Beaches MLS
- 2006-02-11 Listed $189,777 Beaches MLS
- 1988-07-05 Sold (Public Records) $65,000 Public Records
Property tax history
+5.2%/yrLatest (2025): $2,646 · -6.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…