14623 Bonaire Blvd #704 · Delray Beach, FL 33446

$104,900

1 bd · 2.0 ba · 925 sqft · Condo public records · 142 Days on market

Built 1979 $699/mo HOA · 34% of rent

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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 +26.6/30.0
• 1% rule +10.0/10.0
• DSCR +9.1/10.0
• 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

Listing remarks MLS

Experience million-dollar views from this one-of-a-kind penthouse on the 7th floor. This stunning 1-bedroom, 2-bath, 925 sq. ft. apartment features a Florida room for added living space, perfect for relaxation or hosting guests. Make it your ideal seasonal retreat or a full-time oasis. The lake view and sunsets are mesmerizing all year round. Fully equipped with a sleep sofa, adjustable bed, 65'' flat-screen TV, and much more. The unit includes brand new washer dryer, hot water heater, and Accordion shutters. Floors have ceramic tile (primary has carpet). There is plenty of storage inside and outside of the unit. The assigned parking spot is the closest you can get. Enjoy the clubhouse amenities, including tennis,library/game room, resort style pool, fitness center, shaded cabanas and BBQ area. Join one of the many activities and events offered year round. The community has walking trails around the gorgeous surrounding lake. Located most conveniently with easy access to the famous "Ave." in Downtown delray with plenty of shopping, restaurants, and entertainment, the Delray Marketplace, Major highways, and some of the best beaches in South Florida. Paradise awaits you!

Key facts

• Accordion shutters
• Florida room
• Lake view

Tags

• FLORIDA ROOM
• LAKE VIEW
• FLAT-SCREEN TV
• BRAND NEW WASHER DRYER
• HOT WATER HEATER
• ACCORDION SHUTTERS

Property features AI

Finance

• Other: Pets allowed with restrictions or conditional rules
• Financial info: Association fee billed monthly
• HOA & community: Monthly association fee; Association fee covers common areas, cable TV, insurance, grounds maintenance, structure maintenance, pool(s), roof, sewer, and water; Community amenities include billiard room, cabana, clubhouse, fitness center, library, barbecue, picnic area, pool, sauna, trash service, and elevator(s); Senior community

Exterior

• Parking: Assigned parking
• Security: Smoke detector(s)
• Utilities: Water service included in association; Sewer service included in association; Power with central HVAC
• Home design: Condominium; 7-story building; Entry on level 7
• Construction: Block construction; Resale property
• Exterior features: Lake privileges; Association pool; Exterior lighting; Smoke detector(s); Has a view

Interior

• Kitchen: Dishwasher; Microwave; Refrigerator
• Flooring: Carpet; Ceramic tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Pantry; Tub with shower; Walk-in closet(s)
• Laundry & utility: Washer; Dryer

What this means for you Summary

Snapshot

• This is a 1-bed/2.0-bath condo listed at $105k.

Deal economics

• At list price, monthly cash flow is $282 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $105k).
• Recommended offer: $92k (12.0% below list) — sets the bar for market timing.
• Cap rate 9.5% 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.
• Market conditions: Rents flat; 577 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 3,974 units permitted in Palm Beach County in 2024 (1,012 in 5+ unit buildings).
• This rent runs 30% 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 $1k of equity ($725 loan paydown + $720 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 $29k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 142 days — a 12% lower offer ($92k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 23y ago; this cycle's ask has dropped $10k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: HOA is 34% of rent.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 2→6/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $92,312 (12.0% below list)

Questions for the listing agent

1. It's been on market 142 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. 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?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
8. 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?
9. 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.
10. 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.
11. 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: 1.93% ✓
• Cap rate: 9.52%
• Cash-on-cash: 11.53%
• DSCR: 1.51
• GRM: 4.3

CMA / ARV

No comps found within radius.

Projected returns pro-forma

0.69% appreciation · 0.51% rent growth · sell at horizon

5-year hold

• IRR: 9.7%
• Equity multiple: 1.47×
• Total profit: $13,775
• Equity at exit: $34,112

10-year hold

• IRR: 11.3%
• Equity multiple: 2.20×
• Total profit: $35,152
• Equity at exit: $44,045

Cash invested: $29,372 (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 33446

• Home prices YoY: 0.3%
• Rents YoY: 0.5%
• Active inventory: 577
• Price-to-rent: 4.3×

Monthly cashflow live

• Estimated rent: $2,028 high
• Mortgage (P&I): −$550
• Tax from tax record: −$27 /mo · $324/yr
• Insurance: −$44
• HOA: −$699
• Vacancy / Maint / Mgmt: −$426
• Net cashflow: $282

Break-even live

Break-even rent $1,671

Max offer price $104,900

Occupancy floor 81%

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: $26,225
• Closing costs: $3,147
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
14671 Bonaire Blvd #505 Delray Beach, FL	1.0	2.0	925	$1,600	$1.73	24d	1	0.06mi
32 Abbey Ln #207 Delray Beach, FL	2.0	2.0	925	$2,500	$2.70	24d	1	0.15mi
31 Abbey Ln #207 Delray Beach, FL	2.0	2.0	925	$1,300	$1.41	24d	1	0.16mi
23 Abbey Ln #208 Delray Beach, FL	2.0	2.0	925	$1,500	$1.62	3d	1	0.19mi
21 Abbey Ln #107 Delray Beach, FL	2.0	2.0	925	$1,800	$1.95	15d	1	0.22mi
19 Abbey Ln #206 Delray Beach, FL	2.0	2.0	925	$1,750	$1.89	24d	1	0.25mi
20 Abbey Ln #102 Delray Beach, FL	2.0	2.0	925	$2,600	$2.81	24d	1	0.25mi
3 Abbey Ln #102 Delray Beach, FL	2.0	2.0	925	$2,500	$2.70	24d	1	0.28mi
14735 Wildflower Ln Delray Beach, FL	2.0	2.0	1073	$2,350	$2.19	2d	1	0.28mi
6795 Huntington Ln #406 Delray Beach, FL	2.0	2.0	990	$2,500	$2.53	20d	1	0.30mi
14832 Wildflower Ln Delray Beach, FL	2.0	2.0	1073	$2,500	$2.33	17d	1	0.33mi
7192 Huntington Ln #307 Delray Beach, FL	2.0	2.0	1070	$3,500	$3.27	18d	1	0.35mi
14 Willowbrook Ln #101 Delray Beach, FL	2.0	2.0	1005	$1,700	$1.69	5d	1	0.36mi
14307 Bedford Dr #302 Delray Beach, FL	2.0	2.0	990	$2,200	$2.22	24d	1	0.36mi
10 Willowbrook Ln #105 Delray Beach, FL	2.0	2.0	1005	$2,100	$2.09	10d	1	0.37mi
14747 Cumberland Dr #301 Delray Beach, FL	2.0	2.0	1044	$1,900	$1.82	24d	1	0.41mi
7286 Huntington Ln #105 Delray Beach, FL	2.0	2.0	1070	$3,350	$3.13	24d	1	0.44mi
14723 Cumberland Dr Unit 404 B Delray Beach, FL	1.0	2.0	912	$1,850	$2.03	24d	1	0.45mi
189 Seville Ter Unit 189 Delray Beach, FL	2.0	2.0	880	$1,900	$2.16	24d	1	0.49mi
28 Seville B Delray Beach, FL	2.0	2.0	883	$1,950	$2.21	10d	1	0.52mi
14896 Bal Moral Ln Delray Beach, FL	2.0	2.0	1040	$2,200	$2.12	24d	1	0.58mi
14898 Wedgefield Dr #202 Delray Beach, FL	2.0	2.0	1103	$2,000	$1.81	17d	1	0.63mi
14895 Builtmore Way Delray Beach, FL	2.0	2.0	1103	$1,800	$1.63	24d	1	0.63mi
7301 Amberly Ln #304 Delray Beach, FL	2.0	2.0	1080	$1,495	$1.38	7d	1	0.69mi
92 Seville Blvd Delray Beach, FL	2.0	2.0	880	$1,895	$2.15	24d	1	0.70mi
43 Waterford B Delray Beach, FL	1.0	1.5	720	$1,400	$1.94	24d	1	0.72mi
126 Seville E Delray Beach, FL	1.0	1.5	720	$1,450	$2.01	18d	1	0.73mi
15035 Michelangelo Blvd #103 Delray Beach, FL	2.0	2.0	1079	$2,000	$1.85	24d	1	0.73mi
213 Waterford I Delray Beach, FL	2.0	2.0	880	$1,600	$1.82	24d	1	0.74mi
15065 Michelangelo Blvd #105 Delray Beach, FL	2.0	2.0	1079	$2,400	$2.22	2d	1	0.75mi
15065 Michelangelo Blvd #105 Delray Beach, FL	2.0	2.0	1079	$2,400	$2.22	22d	1	0.75mi
154 Seville G Delray Beach, FL	1.0	1.0	720	$1,490	$2.07	15d	1	0.76mi
15155 Michelangelo Blvd Delray Beach, FL	2.0	2.0	1079	$2,288	$2.12	7d	2	0.76mi
15155 Michelangelo Blvd #106 Delray Beach, FL	2.0	2.0	1079	$2,400	$2.22	20d	1	0.77mi
15155 Michelangelo Blvd #106 Delray Beach, FL	2.0	2.0	1079	$2,400	$2.22	24d	1	0.77mi
15055 Michelangelo Blvd Delray Beach, FL	2.0–3.0	2.0	1158	$2,125	$1.83	22d	2	0.77mi
5910 Morningstar Cir #202 Delray Beach, FL	2.0	2.0	1120	$2,200	$1.96	24d	1	0.80mi
163 Tuscany C Unit C Delray Beach, FL	1.0	1.5	720	$1,300	$1.81	15d	1	0.81mi
102 Waterford D Unit 102 Delray Beach, FL	1.0	1.5	720	$1,900	$2.64	24d	1	0.81mi
7515 S Oriole Blvd Delray Beach, FL	2.0	2.0	850	$1,700	$2.00	24d	1	0.81mi

HOA detail condo

• Monthly dues: $699 · $8,388/yr
• Likely covers: waterpoolgymparking
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 47 events

1. 2026-06-18
   days on market $104,900 Active 142 DOM
2. 2026-06-17
   pricedays on market $104,900 Active 141 DOM
3. 2026-06-16
   days on market $109,000 Active 140 DOM
4. 2026-06-15
   days on market $109,000 Active 139 DOM
5. 2026-06-13
   days on market $109,000 Active 137 DOM
6. 2026-06-09
   days on market $109,000 Active 133 DOM
7. 2026-06-07
   days on market $109,000 Active 131 DOM
8. 2026-06-04
   days on market $109,000 Active 128 DOM
9. 2026-06-03
   days on market $109,000 Active 127 DOM
10. 2026-06-01
    days on market $109,000 Active 125 DOM
11. 2026-05-31
    days on market $109,000 Active 124 DOM
12. 2026-03-09
    price $109,000
13. 2026-01-26
    listed $114,900 Active
14. 2025-07-09
    soldstatus $99,000
15. 2025-06-07
    historical Active Under Contract 1202-char remark

    Show marketing remark (1202 chars)

    Experience million-dollar views from this one-of-a-kind penthouse on the 7th floor. This stunning 1-bedroom, 2-bath, 925 sq. ft. apartment features a Florida room for added living space, perfect for relaxation or hosting guests. Make it your ideal seasonal retreat or a full-time oasis. The lake view and sunsets are mesmerizing all year round. Fully equipped with a sleep sofa, adjustable bed, 65'' flat-screen TV, and much more. The unit includes brand new washer dryer, hot water heater, and Accordion shutters. Floors have ceramic tile (primary has carpet). There is plenty of storage inside and outside of the unit. The assigned parking spot is the closest you can get. Enjoy the clubhouse amenities, including tennis,library/game room, resort style pool, fitness center, shaded cabanas and BBQ area. Join one of the many activities and events offered year round. The community has walking trails around the gorgeous surrounding lake. Located most conveniently with easy access to the famous "Ave." in Downtown delray with plenty of shopping, restaurants, and entertainment, the Delray Marketplace, Major highways, and some of the best beaches in South Florida. Paradise awaits you!

16. 2025-06-05
    soldstatus $99,000 Closed 1202-char remark

    Show marketing remark (1202 chars)

    Experience million-dollar views from this one-of-a-kind penthouse on the 7th floor. This stunning 1-bedroom, 2-bath, 925 sq. ft. apartment features a Florida room for added living space, perfect for relaxation or hosting guests. Make it your ideal seasonal retreat or a full-time oasis. The lake view and sunsets are mesmerizing all year round. Fully equipped with a sleep sofa, adjustable bed, 65'' flat-screen TV, and much more. The unit includes brand new washer dryer, hot water heater, and Accordion shutters. Floors have ceramic tile (primary has carpet). There is plenty of storage inside and outside of the unit. The assigned parking spot is the closest you can get. Enjoy the clubhouse amenities, including tennis,library/game room, resort style pool, fitness center, shaded cabanas and BBQ area. Join one of the many activities and events offered year round. The community has walking trails around the gorgeous surrounding lake. Located most conveniently with easy access to the famous "Ave." in Downtown delray with plenty of shopping, restaurants, and entertainment, the Delray Marketplace, Major highways, and some of the best beaches in South Florida. Paradise awaits you!

17. 2025-06-04
    price $99,000 1202-char remark

    Show marketing remark (1202 chars)

    Experience million-dollar views from this one-of-a-kind penthouse on the 7th floor. This stunning 1-bedroom, 2-bath, 925 sq. ft. apartment features a Florida room for added living space, perfect for relaxation or hosting guests. Make it your ideal seasonal retreat or a full-time oasis. The lake view and sunsets are mesmerizing all year round. Fully equipped with a sleep sofa, adjustable bed, 65'' flat-screen TV, and much more. The unit includes brand new washer dryer, hot water heater, and Accordion shutters. Floors have ceramic tile (primary has carpet). There is plenty of storage inside and outside of the unit. The assigned parking spot is the closest you can get. Enjoy the clubhouse amenities, including tennis,library/game room, resort style pool, fitness center, shaded cabanas and BBQ area. Join one of the many activities and events offered year round. The community has walking trails around the gorgeous surrounding lake. Located most conveniently with easy access to the famous "Ave." in Downtown delray with plenty of shopping, restaurants, and entertainment, the Delray Marketplace, Major highways, and some of the best beaches in South Florida. Paradise awaits you!

18. 2025-05-14
    status Active 1202-char remark

    Show marketing remark (1202 chars)

    Experience million-dollar views from this one-of-a-kind penthouse on the 7th floor. This stunning 1-bedroom, 2-bath, 925 sq. ft. apartment features a Florida room for added living space, perfect for relaxation or hosting guests. Make it your ideal seasonal retreat or a full-time oasis. The lake view and sunsets are mesmerizing all year round. Fully equipped with a sleep sofa, adjustable bed, 65'' flat-screen TV, and much more. The unit includes brand new washer dryer, hot water heater, and Accordion shutters. Floors have ceramic tile (primary has carpet). There is plenty of storage inside and outside of the unit. The assigned parking spot is the closest you can get. Enjoy the clubhouse amenities, including tennis,library/game room, resort style pool, fitness center, shaded cabanas and BBQ area. Join one of the many activities and events offered year round. The community has walking trails around the gorgeous surrounding lake. Located most conveniently with easy access to the famous "Ave." in Downtown delray with plenty of shopping, restaurants, and entertainment, the Delray Marketplace, Major highways, and some of the best beaches in South Florida. Paradise awaits you!

19. 2025-05-13
    historical 1202-char remark

    Show marketing remark (1202 chars)

    Experience million-dollar views from this one-of-a-kind penthouse on the 7th floor. This stunning 1-bedroom, 2-bath, 925 sq. ft. apartment features a Florida room for added living space, perfect for relaxation or hosting guests. Make it your ideal seasonal retreat or a full-time oasis. The lake view and sunsets are mesmerizing all year round. Fully equipped with a sleep sofa, adjustable bed, 65'' flat-screen TV, and much more. The unit includes brand new washer dryer, hot water heater, and Accordion shutters. Floors have ceramic tile (primary has carpet). There is plenty of storage inside and outside of the unit. The assigned parking spot is the closest you can get. Enjoy the clubhouse amenities, including tennis,library/game room, resort style pool, fitness center, shaded cabanas and BBQ area. Join one of the many activities and events offered year round. The community has walking trails around the gorgeous surrounding lake. Located most conveniently with easy access to the famous "Ave." in Downtown delray with plenty of shopping, restaurants, and entertainment, the Delray Marketplace, Major highways, and some of the best beaches in South Florida. Paradise awaits you!

20. 2025-03-11
    price $119,000 1202-char remark

    Show marketing remark (1202 chars)

    Experience million-dollar views from this one-of-a-kind penthouse on the 7th floor. This stunning 1-bedroom, 2-bath, 925 sq. ft. apartment features a Florida room for added living space, perfect for relaxation or hosting guests. Make it your ideal seasonal retreat or a full-time oasis. The lake view and sunsets are mesmerizing all year round. Fully equipped with a sleep sofa, adjustable bed, 65'' flat-screen TV, and much more. The unit includes brand new washer dryer, hot water heater, and Accordion shutters. Floors have ceramic tile (primary has carpet). There is plenty of storage inside and outside of the unit. The assigned parking spot is the closest you can get. Enjoy the clubhouse amenities, including tennis,library/game room, resort style pool, fitness center, shaded cabanas and BBQ area. Join one of the many activities and events offered year round. The community has walking trails around the gorgeous surrounding lake. Located most conveniently with easy access to the famous "Ave." in Downtown delray with plenty of shopping, restaurants, and entertainment, the Delray Marketplace, Major highways, and some of the best beaches in South Florida. Paradise awaits you!

21. 2025-02-07
    price $129,000 1202-char remark

    Show marketing remark (1202 chars)

    Experience million-dollar views from this one-of-a-kind penthouse on the 7th floor. This stunning 1-bedroom, 2-bath, 925 sq. ft. apartment features a Florida room for added living space, perfect for relaxation or hosting guests. Make it your ideal seasonal retreat or a full-time oasis. The lake view and sunsets are mesmerizing all year round. Fully equipped with a sleep sofa, adjustable bed, 65'' flat-screen TV, and much more. The unit includes brand new washer dryer, hot water heater, and Accordion shutters. Floors have ceramic tile (primary has carpet). There is plenty of storage inside and outside of the unit. The assigned parking spot is the closest you can get. Enjoy the clubhouse amenities, including tennis,library/game room, resort style pool, fitness center, shaded cabanas and BBQ area. Join one of the many activities and events offered year round. The community has walking trails around the gorgeous surrounding lake. Located most conveniently with easy access to the famous "Ave." in Downtown delray with plenty of shopping, restaurants, and entertainment, the Delray Marketplace, Major highways, and some of the best beaches in South Florida. Paradise awaits you!

22. 2025-01-13
    price $139,000 1202-char remark

    Show marketing remark (1202 chars)

    Experience million-dollar views from this one-of-a-kind penthouse on the 7th floor. This stunning 1-bedroom, 2-bath, 925 sq. ft. apartment features a Florida room for added living space, perfect for relaxation or hosting guests. Make it your ideal seasonal retreat or a full-time oasis. The lake view and sunsets are mesmerizing all year round. Fully equipped with a sleep sofa, adjustable bed, 65'' flat-screen TV, and much more. The unit includes brand new washer dryer, hot water heater, and Accordion shutters. Floors have ceramic tile (primary has carpet). There is plenty of storage inside and outside of the unit. The assigned parking spot is the closest you can get. Enjoy the clubhouse amenities, including tennis,library/game room, resort style pool, fitness center, shaded cabanas and BBQ area. Join one of the many activities and events offered year round. The community has walking trails around the gorgeous surrounding lake. Located most conveniently with easy access to the famous "Ave." in Downtown delray with plenty of shopping, restaurants, and entertainment, the Delray Marketplace, Major highways, and some of the best beaches in South Florida. Paradise awaits you!

23. 2024-12-13
    listed $149,000 Active 1202-char remark

    Show marketing remark (1202 chars)

    Experience million-dollar views from this one-of-a-kind penthouse on the 7th floor. This stunning 1-bedroom, 2-bath, 925 sq. ft. apartment features a Florida room for added living space, perfect for relaxation or hosting guests. Make it your ideal seasonal retreat or a full-time oasis. The lake view and sunsets are mesmerizing all year round. Fully equipped with a sleep sofa, adjustable bed, 65'' flat-screen TV, and much more. The unit includes brand new washer dryer, hot water heater, and Accordion shutters. Floors have ceramic tile (primary has carpet). There is plenty of storage inside and outside of the unit. The assigned parking spot is the closest you can get. Enjoy the clubhouse amenities, including tennis,library/game room, resort style pool, fitness center, shaded cabanas and BBQ area. Join one of the many activities and events offered year round. The community has walking trails around the gorgeous surrounding lake. Located most conveniently with easy access to the famous "Ave." in Downtown delray with plenty of shopping, restaurants, and entertainment, the Delray Marketplace, Major highways, and some of the best beaches in South Florida. Paradise awaits you!

24. 2023-04-24
    soldstatus $155,000
25. 2023-04-05
    soldstatus $155,000 Closed 735-char remark

    Show marketing remark (735 chars)

    One of a kind million dollar penthouse view (7th floor) in a 1 bedroom, 2 bath, 925 sq ft apt. Florida room adds additional living space to relax or for guests. Update & make this a seasonal hideaway or full time residence. Almost turnkey: sleep sofa, newer adjustable bed, 65'' flat screen, dishes, cutlery, pots & pans, small appliances, some linens, 2 dinette tables, misc. chairs, occasional lamps. Laundry in the unit, locked storage cage across from elevator. Well maintained, maintenance contract conveys. Bldg generator operates elevator during a power outage. Clubhouse houses social hall, library/pool room, ping pong, fitness center, pool, shade cabanas, BBQ area. Active community, many social & holiday events.

26. 2023-03-05
    historical Active Under Contract 735-char remark

    Show marketing remark (735 chars)

    One of a kind million dollar penthouse view (7th floor) in a 1 bedroom, 2 bath, 925 sq ft apt. Florida room adds additional living space to relax or for guests. Update & make this a seasonal hideaway or full time residence. Almost turnkey: sleep sofa, newer adjustable bed, 65'' flat screen, dishes, cutlery, pots & pans, small appliances, some linens, 2 dinette tables, misc. chairs, occasional lamps. Laundry in the unit, locked storage cage across from elevator. Well maintained, maintenance contract conveys. Bldg generator operates elevator during a power outage. Clubhouse houses social hall, library/pool room, ping pong, fitness center, pool, shade cabanas, BBQ area. Active community, many social & holiday events.

27. 2023-02-08
    listed $169,000 Active 735-char remark

    Show marketing remark (735 chars)

    One of a kind million dollar penthouse view (7th floor) in a 1 bedroom, 2 bath, 925 sq ft apt. Florida room adds additional living space to relax or for guests. Update & make this a seasonal hideaway or full time residence. Almost turnkey: sleep sofa, newer adjustable bed, 65'' flat screen, dishes, cutlery, pots & pans, small appliances, some linens, 2 dinette tables, misc. chairs, occasional lamps. Laundry in the unit, locked storage cage across from elevator. Well maintained, maintenance contract conveys. Bldg generator operates elevator during a power outage. Clubhouse houses social hall, library/pool room, ping pong, fitness center, pool, shade cabanas, BBQ area. Active community, many social & holiday events.

28. 2023-02-06
    historical
29. 2023-01-01
    price $177,777
30. 2022-12-26
    price $179,900
31. 2022-12-16
    listed $181,999 Active
32. 2022-12-09
    historical
33. 2018-09-28
    soldstatus $70,000 Sold
34. 2018-08-20
    status Pending
35. 2018-07-31
    price $66,900
36. 2018-07-03
    price $69,900
37. 2018-06-01
    price $76,900
38. 2018-05-03
    listed $85,900 Active
39. 2005-01-06
    soldstatus $94,800
40. 2004-12-29
    soldstatus $94,800
41. 2004-08-30
    historical
42. 2004-08-25
    listed $94,800
43. 2004-02-12
    soldstatus $70,000
44. 2004-02-02
    soldstatus $70,000
45. 2003-12-17
    historical
46. 2003-11-21
    listed $72,900
47. 1995-04-04
    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: $324 · $27/mo
• Projected year-2 tax: $871 · $73/mo
• Expected delta: +$546/yr (+$46/mo · 168.4%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 8/10 Severe 2 d/yr ≥107°F today · 6 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

Taxation est. · year 1

• Rental income: $24,335
• − Mortgage interest: −$5,876
• − Property taxes: −$324
• − Insurance: −$524
• − Repairs & maintenance: −$1,947
• − Management: −$1,947
• − HOA: −$8,388
• − Depreciation: −$3,052
• Taxable income: $2,277
• Est. tax owed @ 24.0%: −$546
• After-tax cash flow: $2,840/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

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

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: 11.4% rent · 88.6% 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
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+172.5% since first listed

36 events — show timeline

• 2026-03-09 Price Changed $109,000 MARMLS
• 2026-01-26 Listed $114,900 MARMLS
• 2025-07-09 Sold (Public Records) $99,000 Public Records
• 2025-06-07 Contingent — Beaches MLS
• 2025-06-05 Sold (MLS) $99,000 Beaches MLS
• 2025-06-04 Price Changed $99,000 Beaches MLS
• 2025-05-14 Relisted — Beaches MLS
• 2025-05-13 Listing Removed — Beaches MLS
• 2025-03-11 Price Changed $119,000 Beaches MLS
• 2025-02-07 Price Changed $129,000 Beaches MLS
• 2025-01-13 Price Changed $139,000 Beaches MLS
• 2024-12-13 Listed $149,000 Beaches MLS
• 2023-04-24 Sold (Public Records) $155,000 Public Records
• 2023-04-05 Sold (MLS) $155,000 Beaches MLS
• 2023-03-05 Contingent — Beaches MLS
• 2023-02-08 Listed $169,000 Beaches MLS
• 2023-02-06 Listing Removed — Beaches MLS
• 2023-01-01 Price Changed $177,777 Beaches MLS
• 2022-12-26 Price Changed $179,900 Beaches MLS
• 2022-12-16 Listed $181,999 Beaches MLS
• 2022-12-09 Coming Soon — Beaches MLS
• 2018-09-28 Sold (MLS) $70,000 MARMLS
• 2018-08-20 Pending — MARMLS
• 2018-07-31 Price Changed $66,900 MARMLS
• 2018-07-03 Price Changed $69,900 MARMLS
• 2018-06-01 Price Changed $76,900 MARMLS
• 2018-05-03 Listed $85,900 MARMLS
• 2005-01-06 Sold (Public Records) $94,800 Public Records
• 2004-12-29 Sold (MLS) $94,800 Beaches MLS
• 2004-08-30 Listing Removed — Beaches MLS
• 2004-08-25 Listed $94,800 Beaches MLS
• 2004-02-12 Sold (Public Records) $70,000 Public Records
• 2004-02-02 Sold (MLS) $70,000 Beaches MLS
• 2003-12-17 Listing Removed — Beaches MLS
• 2003-11-21 Listed $72,900 Beaches MLS
• 1995-04-04 Sold (Public Records) $40,000 Public Records

Property tax history

-6.0%/yr

Latest (2025): $324 · +5.6% YoY. Source: county tax records.