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1805 N Flagler Dr #103
D+ Composite 46.14
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 +6.4/10.0
  • Schools +4.3/10.0
  • DSCR +4.2/10.0
  • Livability +4.1/5.0
  • Rent growth +3.3/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$289,000

1805 N Flagler Dr #103 · West Palm Beach, FL 33407
1 bd · 1.0 ba · 778 sqft · Condo public records · 178 Days on market
Built 2000 $679/mo HOA · 21% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

INTRACOASTAL CONDO WITH RESORT LIKE AMENITIES. Ideally located with spectacular views of the intracoastal from the lushly landscaped pool area and spa. Walk along the water to downtown or ride a bike to the beach! Relax and enjoy the sunny and lush secluded common area right from your patio. 1st floor, 1bd/1ba condo with FULL SIZED washer/ dryer in the unit. Highlights include cedar closets, wood laminate flooring and IMPACT SLIDING DOORS AND WINDOWS. 1st floor garage PARKING SPOT SUPERBLY LOCATED to the condo. Building offers, tropical pool and spa, fitness center, sauna, billiard room, party pavilion, business center, club room, dog park, and front desk personnel. DOG FRIENDLY BUILDING. Close to shopping, dining, hospital, and airport. View the 360 degree walking VIRTUAL TOUR ATTACHED

Key facts

  • Gated community
  • Private yard area
  • $679 HOA

Tags

IMPACT DOORS AND WINDOWSGATED COMMUNITYCUSTOM BUILT-IN CABINETRYPRIVATE YARD AREASTAINLESS STEEL APPLIANCESPET-FRIENDLY COMMUNITY

Property features AI

Finance

  • Other: Directions: I-95 to Palm Beach Lakes Blvd east to Flagler Dr, and North to Flagler Pointe.
  • Financial info: Pets allowed with possible restrictions (number and size limits may apply)
  • HOA & community: Has association; Monthly HOA fee (reported); Association amenities include pool, fitness center, sauna, spa/hot tub, billiard room, dog park, storage, bike storage, business center, manager on site, management, and elevator; HOA fee includes cable TV, insurance, grounds maintenance, pest control, security, common areas, common real estate tax, and elevator

Exterior

  • Parking: Assigned parking; Covered parking; Guest parking; Garage; 1 garage space; 1 covered space
  • Security: Fire alarm; Smoke detectors; Security system; Gated community (no guard); Security patrol
  • Utilities: Public water; Public sewer; Three-phase electric; Cable available; Sewer available; Water available
  • Home design: Condominium; Multi/split levels; 3-story building; Faces east
  • Construction: Concrete / CBS construction; Built using public records (living area 778)
  • Exterior features: Covered patio; Open patio; Patio; Entry-level living area; Not waterfront; East of US-1 road frontage

Interior

  • Kitchen: Dishwasher; Electric range; Microwave; Refrigerator; Disposal; Electric water heater
  • Bedrooms: 1 bedroom (main level)
  • Flooring: Laminate; Other
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Central heating; Central air conditioning
  • Interior features: Closet cabinetry; Partially furnished
  • Laundry & utility: Inside laundry in a laundry closet

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 1-bed/1.0-bath condo listed at $289k.

Deal economics

  • At list price, monthly cash flow is $31 ($371/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($3k rent vs $289k).
  • Recommended offer: $254k (12.0% below list) — sets the bar for market timing.
  • Cap rate 6.4% 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: Pleasant City Elementary School (math 27% / reading 27%, grade F, #1,969 of 2,144 statewide, top 94%, 330 students, 94% FRL); Roosevelt Middle School (math 31% / reading 39%, grade F, #416 of 571 statewide, top 74%, 851 students, 80% 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 81% FRL vs 52% district-wide (29 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Zoned-school proficiency averages 28% at this address vs 50% district-wide (-22 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 (+3.1%/yr); 306 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); 3,974 units permitted in Palm Beach County in 2024 (1,012 in 5+ unit buildings).
  • At $3,298/mo this rent would consume 66% of the median local household income ($60k/yr) (locally 2157% 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 $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 178 days — a 12% lower offer ($254k) is reasonable based on typical stale-listing flexibility.
  • 9 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 21% of rent.
  • Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 6→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $254,320 (12.0% below list)

Questions for the listing agent

  1. It's been on market 178 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  3. 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?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  7. 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?
  8. 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.
  9. 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.
  10. 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
1.14%
Cap rate
6.42%
Cash-on-cash
0.46%
DSCR
1.02
GRM
7.3

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.08% rent growth · sell at horizon

5-year hold
IRR
-15.3%
Equity multiple
0.45×
Total profit
$-44,191
Equity at exit
$43,091
10-year hold
IRR
-6.3%
Equity multiple
0.59×
Total profit
$-33,210
Equity at exit
$24,987

Cash invested: $80,920 (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.

ZIP-level market 33407

Rents YoY
3.1%
Active inventory
306
Price-to-rent
7.3×

Monthly cashflow live

Estimated rent
$3,298 high interval (Pro) →
Mortgage (P&I)
$1,516
Tax from tax record
$259 /mo · $3,112/yr
Insurance
$120
HOA
$679
Vacancy / Maint / Mgmt
$693
Net cashflow
$31

Break-even live

Break-even rent $3,259
Max offer price $289,000
Occupancy floor 94%

Sensitivity live

Price -10% $195 -5% $113 +0% $31 +5% $-51 +10% $-133
Rent -10% $-230 -5% $-99 +0% $31 +5% $161 +10% $291
Rate -1.0pp $176 -0.5pp $104 base $31 +0.5pp $-44 +1.0pp $-120

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
$72,250
Closing costs
$8,670
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

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1801 N Flagler Dr West Palm Beach, FL 1.0–2.0 1.0–2.0 1125 $3,000 $2.67 3d 7 0.15mi
1801 N Flagler Dr West Palm Beach, FL 1.0–2.0 1.0–2.0 998 $3,000 $3.01 19d 4 0.15mi
1801 N Flagler Dr West Palm Beach, FL 1.0–2.0 1.0–2.0 998 $3,250 $3.26 26d 3 0.15mi
1803 N Flagler Dr #310 West Palm Beach, FL 2.0 1.0 995 $3,000 $3.02 19d 1 0.18mi
2585 Spruce Ave West Palm Beach, FL 1.0–2.0 1.0–2.0 841 $1,970 $2.34 1d 116 0.42mi
917 N Flagler Dr #311 West Palm Beach, FL 2.0 2.0 968 $3,000 $3.10 26d 1 0.64mi
740 N Dixie Hwy West Palm Beach, FL 1.0 1.0 679 $3,187 $4.69 1d 6 0.72mi
805 N Olive Ave West Palm Beach, FL 1.0–2.0 1.0–2.0 852 $2,405 $2.82 0d 16 0.76mi
250 Bradley Pl Palm Beach, FL 1.0–3.0 1.0–2.5 1265 $8,600 $6.80 20d 3 0.83mi
415 32nd St Unit 1 West Palm Beach, FL 1.0 1.0 700 $3,600 $5.14 26d 1 0.87mi
223 Atlantic Ave Unit 4e Palm Beach, FL 2.0 2.0 804 $6,900 $8.58 26d 1 0.96mi
251 Oleander Ave #1 Palm Beach, FL 1.0 1.5 664 $4,250 $6.40 26d 1 1.00mi
251 Oleander Ave #1 Palm Beach, FL 1.0 1.5 664 $4,250 $6.40 5d 1 1.00mi
609 2nd St West Palm Beach, FL 2.0 2.0 1063 $3,240 $3.05 26d 1 1.02mi
609 2nd St West Palm Beach, FL 2.0 2.0 978 $3,015 $3.08 20d 1 1.02mi
609 2nd St West Palm Beach, FL 2.0 2.0 978 $3,325 $3.40 4d 1 1.02mi
253 Park Ave Unit 2 Palm Beach, FL 2.0 1.0 1058 $6,900 $6.52 26d 1 1.02mi
345 Banyan Blvd West Palm Beach, FL 3.0 1.0–2.0 1023 $4,017 $3.92 3d 19 1.05mi
290 N Olive Ave West Palm Beach, FL 2.0 1.0–2.0 870 $3,827 $4.40 0d 20 1.05mi
235 Sunrise Ave Palm Beach, FL 2.0 1.0–2.0 835 $5,750 $6.88 23d 4 1.08mi
235 Sunrise Ave Palm Beach, FL 1.0–2.0 1.0–2.0 980 $3,790 $3.87 26d 3 1.08mi
235 Sunrise Ave Palm Beach, FL 2.0 1.0–2.0 835 $5,750 $6.88 9d 5 1.08mi
101 N Clematis St West Palm Beach, FL 1.0–4.0 1.5–4.5 1906 $4,900 $2.57 26d 2 1.11mi
44 Cocoanut Row Unit 610A Palm Beach, FL 1.0 1.0 540 $11,000 $20.37 26d 1 1.18mi
3940 N Flagler Dr #206 West Palm Beach, FL 1.0 1.0 1078 $3,950 $3.66 5d 1 1.18mi
3940 N Flagler Dr #206 West Palm Beach, FL 1.0 1.0 1078 $3,950 $3.66 6d 1 1.18mi
3940 N Flagler Dr #206 West Palm Beach, FL 1.0 1.0 1078 $4,950 $4.59 26d 1 1.18mi
139 Sunrise Ave Palm Beach, FL 2.0 2.0 945 $11,500 $12.17 26d 2 1.24mi
130 Sunrise Ave #616 Palm Beach, FL 1.0 1.5 1097 $20,000 $18.23 26d 1 1.25mi
170 N Ocean Blvd Palm Beach, FL 1.0–2.0 1.5–2.0 1131 $7,000 $6.19 4d 3 1.26mi
170 N Ocean Blvd Palm Beach, FL 1.0–2.0 1.5–2.0 1131 $6,000 $5.30 3d 3 1.26mi
255 Evernia St #1421 West Palm Beach, FL 1.0 1.0 666 $3,000 $4.50 12d 1 1.27mi
499 Evernia St West Palm Beach, FL 2.0 1.0–2.0 827 $3,192 $3.86 0d 26 1.27mi
255 Evernia St West Palm Beach, FL 1.0–2.0 1.0–2.0 961 $3,500 $3.64 26d 2 1.27mi
591 Evernia St West Palm Beach, FL 2.0 1.0–2.0 943 $4,270 $4.53 0d 22 1.28mi
333 Fern St West Palm Beach, FL 2.0 1.0–2.0 1121 $3,932 $3.51 0d 1 1.33mi
1710 N Congress Ave West Palm Beach, FL 1.0–3.0 1.0–2.0 1210 $2,495 $2.06 26d 4 1.34mi
201 Clearwater Dr West Palm Beach, FL 2.0 1.0–2.0 731 $4,365 $5.97 12d 16 1.41mi
201 Clearwater Dr West Palm Beach, FL 2.0 1.0–2.0 727 $3,414 $4.70 26d 19 1.41mi
300 S Australian Ave #328 West Palm Beach, FL 1.0 1.0 846 $4,050 $4.79 22d 1 1.43mi

HOA detail condo

Monthly dues
$679 · $8,148/yr
Likely covers
waterpoolgym
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 29 events

  1. 2026-05-08
    status Pending
  2. 2026-02-13
    status Active
  3. 2026-01-19
    historical
  4. 2025-10-17
    listed $289,000 Active
  5. 2025-03-21
    historical
  6. 2025-01-16
    price $299,999
  7. 2024-09-23
    listed $305,000 Active
  8. 2022-08-09
    soldstatus $269,000
  9. 2022-08-04
    soldstatus $269,000 Closed 798-char remark
    Show marketing remark (798 chars)

    INTRACOASTAL CONDO WITH RESORT LIKE AMENITIES. Ideally located with spectacular views of the intracoastal from the lushly landscaped pool area and spa. Walk along the water to downtown or ride a bike to the beach! Relax and enjoy the sunny and lush secluded common area right from your patio. 1st floor, 1bd/1ba condo with FULL SIZED washer/ dryer in the unit. Highlights include cedar closets, wood laminate flooring and IMPACT SLIDING DOORS AND WINDOWS. 1st floor garage PARKING SPOT SUPERBLY LOCATED to the condo. Building offers, tropical pool and spa, fitness center, sauna, billiard room, party pavilion, business center, club room, dog park, and front desk personnel. DOG FRIENDLY BUILDING. Close to shopping, dining, hospital, and airport. View the 360 degree walking VIRTUAL TOUR ATTACHED

  10. 2022-07-12
    historical Active Under Contract 798-char remark
    Show marketing remark (798 chars)

    INTRACOASTAL CONDO WITH RESORT LIKE AMENITIES. Ideally located with spectacular views of the intracoastal from the lushly landscaped pool area and spa. Walk along the water to downtown or ride a bike to the beach! Relax and enjoy the sunny and lush secluded common area right from your patio. 1st floor, 1bd/1ba condo with FULL SIZED washer/ dryer in the unit. Highlights include cedar closets, wood laminate flooring and IMPACT SLIDING DOORS AND WINDOWS. 1st floor garage PARKING SPOT SUPERBLY LOCATED to the condo. Building offers, tropical pool and spa, fitness center, sauna, billiard room, party pavilion, business center, club room, dog park, and front desk personnel. DOG FRIENDLY BUILDING. Close to shopping, dining, hospital, and airport. View the 360 degree walking VIRTUAL TOUR ATTACHED

  11. 2022-06-20
    price $279,000 798-char remark
    Show marketing remark (798 chars)

    INTRACOASTAL CONDO WITH RESORT LIKE AMENITIES. Ideally located with spectacular views of the intracoastal from the lushly landscaped pool area and spa. Walk along the water to downtown or ride a bike to the beach! Relax and enjoy the sunny and lush secluded common area right from your patio. 1st floor, 1bd/1ba condo with FULL SIZED washer/ dryer in the unit. Highlights include cedar closets, wood laminate flooring and IMPACT SLIDING DOORS AND WINDOWS. 1st floor garage PARKING SPOT SUPERBLY LOCATED to the condo. Building offers, tropical pool and spa, fitness center, sauna, billiard room, party pavilion, business center, club room, dog park, and front desk personnel. DOG FRIENDLY BUILDING. Close to shopping, dining, hospital, and airport. View the 360 degree walking VIRTUAL TOUR ATTACHED

  12. 2022-06-01
    price $284,000 798-char remark
    Show marketing remark (798 chars)

    INTRACOASTAL CONDO WITH RESORT LIKE AMENITIES. Ideally located with spectacular views of the intracoastal from the lushly landscaped pool area and spa. Walk along the water to downtown or ride a bike to the beach! Relax and enjoy the sunny and lush secluded common area right from your patio. 1st floor, 1bd/1ba condo with FULL SIZED washer/ dryer in the unit. Highlights include cedar closets, wood laminate flooring and IMPACT SLIDING DOORS AND WINDOWS. 1st floor garage PARKING SPOT SUPERBLY LOCATED to the condo. Building offers, tropical pool and spa, fitness center, sauna, billiard room, party pavilion, business center, club room, dog park, and front desk personnel. DOG FRIENDLY BUILDING. Close to shopping, dining, hospital, and airport. View the 360 degree walking VIRTUAL TOUR ATTACHED

  13. 2022-04-30
    status Active 798-char remark
    Show marketing remark (798 chars)

    INTRACOASTAL CONDO WITH RESORT LIKE AMENITIES. Ideally located with spectacular views of the intracoastal from the lushly landscaped pool area and spa. Walk along the water to downtown or ride a bike to the beach! Relax and enjoy the sunny and lush secluded common area right from your patio. 1st floor, 1bd/1ba condo with FULL SIZED washer/ dryer in the unit. Highlights include cedar closets, wood laminate flooring and IMPACT SLIDING DOORS AND WINDOWS. 1st floor garage PARKING SPOT SUPERBLY LOCATED to the condo. Building offers, tropical pool and spa, fitness center, sauna, billiard room, party pavilion, business center, club room, dog park, and front desk personnel. DOG FRIENDLY BUILDING. Close to shopping, dining, hospital, and airport. View the 360 degree walking VIRTUAL TOUR ATTACHED

  14. 2022-04-05
    historical Active Under Contract 798-char remark
    Show marketing remark (798 chars)

    INTRACOASTAL CONDO WITH RESORT LIKE AMENITIES. Ideally located with spectacular views of the intracoastal from the lushly landscaped pool area and spa. Walk along the water to downtown or ride a bike to the beach! Relax and enjoy the sunny and lush secluded common area right from your patio. 1st floor, 1bd/1ba condo with FULL SIZED washer/ dryer in the unit. Highlights include cedar closets, wood laminate flooring and IMPACT SLIDING DOORS AND WINDOWS. 1st floor garage PARKING SPOT SUPERBLY LOCATED to the condo. Building offers, tropical pool and spa, fitness center, sauna, billiard room, party pavilion, business center, club room, dog park, and front desk personnel. DOG FRIENDLY BUILDING. Close to shopping, dining, hospital, and airport. View the 360 degree walking VIRTUAL TOUR ATTACHED

  15. 2022-04-01
    price $289,000 798-char remark
    Show marketing remark (798 chars)

    INTRACOASTAL CONDO WITH RESORT LIKE AMENITIES. Ideally located with spectacular views of the intracoastal from the lushly landscaped pool area and spa. Walk along the water to downtown or ride a bike to the beach! Relax and enjoy the sunny and lush secluded common area right from your patio. 1st floor, 1bd/1ba condo with FULL SIZED washer/ dryer in the unit. Highlights include cedar closets, wood laminate flooring and IMPACT SLIDING DOORS AND WINDOWS. 1st floor garage PARKING SPOT SUPERBLY LOCATED to the condo. Building offers, tropical pool and spa, fitness center, sauna, billiard room, party pavilion, business center, club room, dog park, and front desk personnel. DOG FRIENDLY BUILDING. Close to shopping, dining, hospital, and airport. View the 360 degree walking VIRTUAL TOUR ATTACHED

  16. 2022-03-16
    listed $295,000 Active 798-char remark
    Show marketing remark (798 chars)

    INTRACOASTAL CONDO WITH RESORT LIKE AMENITIES. Ideally located with spectacular views of the intracoastal from the lushly landscaped pool area and spa. Walk along the water to downtown or ride a bike to the beach! Relax and enjoy the sunny and lush secluded common area right from your patio. 1st floor, 1bd/1ba condo with FULL SIZED washer/ dryer in the unit. Highlights include cedar closets, wood laminate flooring and IMPACT SLIDING DOORS AND WINDOWS. 1st floor garage PARKING SPOT SUPERBLY LOCATED to the condo. Building offers, tropical pool and spa, fitness center, sauna, billiard room, party pavilion, business center, club room, dog park, and front desk personnel. DOG FRIENDLY BUILDING. Close to shopping, dining, hospital, and airport. View the 360 degree walking VIRTUAL TOUR ATTACHED

  17. 2021-01-29
    soldstatus $156,000
  18. 2021-01-26
    soldstatus $156,000 Closed
  19. 2020-12-02
    historical Active Under Contract
  20. 2020-09-28
    listed $160,000 Active
  21. 2014-09-25
    soldstatus $119,500 Closed
  22. 2014-08-07
    historical Contingent
  23. 2014-06-13
    price $124,900
  24. 2014-05-27
    historical
  25. 2014-05-07
    listed $129,900 Active
  26. 2014-03-12
    soldstatus $90,300 Closed
  27. 2013-11-13
    status Pending
  28. 2013-09-25
    listed $119,000 Active
  29. 2005-01-31
    listed $219,900

ⓘ 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
$3,112 · $259/mo
Projected year-2 tax
$3,112 · $259/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 6/10 Major FEMA zone X (unshaded) · 71% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 9/10 Extreme 6 d/yr ≥105°F today · 21 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

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$39,573
− Mortgage interest
−$16,188
− Property taxes
−$3,112
− Insurance
−$1,445
− Repairs & maintenance
−$3,166
− Management
−$3,166
− HOA
−$8,148
− Depreciation
−$8,407
Taxable loss
−$4,059
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$974
After-tax cash flow
$1,345/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

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 · 1,438,312 people
City population
222,012
Metro
Miami-Fort Lauderdale-Pompano Beach, FL
Population (ZIP)
34,851
Household income
$59,993
Rent vs Own
49.0% rent · 51.0% own
Severe rent burden
2157.0

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 0.62)
Race & ethnicity
Black 54% White 21% Hispanic / Latino 20% Two or more races 13% Asian 2%
Hispanic origin (detail)
Mexican 2% Puerto Rican 2% Cuban 2%
Common ancestry
Hispanic 8% Lithuanian 1% Romanian 1%
Foreign-born
26% · Canada, Vietnam, Jamaica
Languages at home
72% English-only · Spanish 17% French/Haitian/Cajun 8% Other Indo-European 1%

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
▼ -299.26%
Current HPI
363.3995
Rent YoY
▲ 3.08%
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

Price history

+31.4% since first listed
29 events — show timeline
  • 2026-05-08 Pending Beaches MLS
  • 2026-02-13 Relisted Beaches MLS
  • 2026-01-19 Listing Removed Beaches MLS
  • 2025-10-17 Listed $289,000 Beaches MLS
  • 2025-03-21 Listing Removed Beaches MLS
  • 2025-01-16 Price Changed $299,999 Beaches MLS
  • 2024-09-23 Listed $305,000 Beaches MLS
  • 2022-08-09 Sold (Public Records) $269,000 Public Records
  • 2022-08-04 Sold (MLS) $269,000 Beaches MLS
  • 2022-07-12 Contingent Beaches MLS
  • 2022-06-20 Price Changed $279,000 Beaches MLS
  • 2022-06-01 Price Changed $284,000 Beaches MLS
  • 2022-04-30 Relisted Beaches MLS
  • 2022-04-05 Contingent Beaches MLS
  • 2022-04-01 Price Changed $289,000 Beaches MLS
  • 2022-03-16 Listed $295,000 Beaches MLS
  • 2021-01-29 Sold (Public Records) $156,000 Public Records
  • 2021-01-26 Sold (MLS) $156,000 Beaches MLS
  • 2020-12-02 Contingent Beaches MLS
  • 2020-09-28 Listed $160,000 Beaches MLS
  • 2014-09-25 Sold (MLS) $119,500 Beaches MLS
  • 2014-08-07 Contingent Beaches MLS
  • 2014-06-13 Price Changed $124,900 Beaches MLS
  • 2014-05-27 Listing Removed Beaches MLS
  • 2014-05-07 Listed $129,900 Beaches MLS
  • 2014-03-12 Sold (MLS) $90,300 Beaches MLS
  • 2013-11-13 Pending Beaches MLS
  • 2013-09-25 Listed $119,000 Beaches MLS
  • 2005-01-31 Listed $219,900 Beaches MLS

Property tax history

+6.1%/yr

Latest (2025): $3,112 · +3.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…