9641 Parkview Avenue
More Than Just a Property
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Nearby Schools
Educational options and performance ratings in the area.
Sandpiper Shores Elementary School
Eagles Landing Middle School
Olympic Heights Community High School
Property Overview
A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
The property at 9641 Parkview Avenue presents a classic premium market dilemma. While the 5.91% rental yield is respectable for the Boca Raton submarket, the negative monthly cash flow of -$136.25 is a significant deterrent for conservative investors. This deficit indicates that current rental income fails to cover debt service and operational expenses, likely exacerbated by Florida's volatile insurance premiums and high property taxes. At a $1,050,000 price point, the investor is essentially 'buying' appreciation rather than securing income. While the 5-bedroom configuration and location offer long-term asset security, the lack of immediate liquidity and the requirement to subsidize the mortgage monthly classifies this as a speculative play rather than a sound income-producing investment.
- • High-demand 5-bedroom configuration attracts stable, long-term family tenants
- • Strong 4% projected annual appreciation in the affluent Boca Raton market
- • Competitive rental yield for a high-value single-family asset
- • Negative monthly cash flow creates an immediate liquidity drain
- • High sensitivity to rising Florida homeowner insurance and tax reassessments
- • Substantial capital requirement for a property that does not meet the 1% rule
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-04-01 | Price change | $1,050,000 | $366 |
| 2026-03-17 | Price change | $1,075,000 | $374 |
| 2026-01-18 | Listed for sale | $1,100,000 | $383 |
| 2022-01-16 | Sold | $870,000 | $303 |
| 1998-08-14 | Sold | $288,000 | $100 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $12,842 | $801,878 |
| 2023 | $13,048 | $808,595 |
| 2022 | $6,641 | $409,383 |
| 2021 | $6,609 | $397,459 |
| 2020 | $6,565.61 | $391,971 |
| 2019 | $6,488.63 | $383,158 |
| 2018 | $6,488.63 | $376,014 |
| 2017 | $6,103.22 | $368,280 |
| 2016 | $6,103.22 | $360,705 |
| 2015 | $6,124 | $358,198 |
| 2014 | $6,291.69 | $355,355 |
| 2013 | $6,205.74 | $350,103 |
| 2012 | $6,201.86 | $344,251 |
| 2011 | $6,136.19 | $334,224 |
| 2010 | $6,112.3 | $329,285 |
| 2009 | $6,228.65 | $347,835 |
| 2008 | $5,558.52 | $347,488 |
| 2007 | $5,530.2 | $337,367 |
| 2006 | $5,879.73 | $329,139 |
| 2005 | $0 | $319,552 |
| 2004 | $2,959.73 | $310,245 |
| 2003 | $247.05 | $304,460 |
| 2002 | $5,579.57 | $297,324 |
| 2001 | $5,554.94 | $292,642 |
| 2000 | $5,311.24 | $284,118 |
| 1999 | $5,063.96 | $284,534 |
Investment Numbers & Operating Model
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Multi-factor yield grade
NOI: $48,212/yr
On $241,500 invested
Negative debt coverage
Equity + cumulative cash
Monthly Cash Flow Breakdown
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