For SaleRisky Deal170 days on market
6171 Floral Lakes Drive
6171 Floral Lakes Drive, Delray Beach, FL 33484, Delray Beach, FL 33484
$460,000
Estimate®:$447,700
Listing Price
6171 Floral Lakes Drive, Delray Beach, FL 33484
Loc: Delray Beach, FL
Days Listed
170
Tax Assessed
$311k
Estimate®
$448k
Market Rate
Lot Size
4,726 sqft
Rent Estimate
$3,716/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
6
Orchard View Elementary School
PK-5
2.4 mi away
3
Carver Middle School
6-8
2 mi away
8
Spanish River Community High School
PK,6-12
3.5 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
modernminimalistkitchenstainless steel applianceswhite shaker cabinetsquartz countertopsglass block windowopen conceptrecessed lightingcontemporaryclean linesrenovatedsleekbright
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.20%
Total ROI
93.7%
Cash Flow
$-10/mo
DSCR
1.00
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-10/mo net cash flow with a 6.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.2%)
- • Strong rental demand in Delray Beach
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-14 | Price change | $460,000 | $317 |
| 2026-06-29 | Price change | $465,000 | $321 |
| 2026-06-03 | Price change | $475,000 | $328 |
| 2026-04-07 | Listed for sale | $485,000 | $334 |
| 2025-11-13 | Sold | $423,000 | $292 |
| 2025-10-29 | Pending sale | $450,000 | $310 |
| 2025-09-03 | Listed for sale | $450,000 | $310 |
| 2021-11-23 | Sold | $365,000 | $252 |
| 2021-10-22 | Contingent | $379,900 | $262 |
| 2021-10-09 | Price change | $379,900 | $262 |
| 2021-09-01 | Listed for sale | $389,900 | $269 |
| 2016-08-18 | Sold | $275,000 | $190 |
| 2016-04-13 | Listing removed | $275,000 | $190 |
| 2016-03-22 | Price change | $275,000 | $190 |
| 2016-01-19 | Price change | $288,900 | $199 |
| 2016-01-14 | Listed for sale | $299,000 | $206 |
| 2006-02-02 | Sold | $331,000 | $228 |
| 1997-02-24 | Sold | $115,300 | $80 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,770 | $311,026 |
| 2024 | $4,929 | $320,891 |
| 2023 | $5,565 | $315,607 |
| 2022 | $5,176 | $286,915 |
| 2021 | $3,068 | $198,718 |
| 2020 | $3,043.24 | $195,974 |
| 2019 | $3,002.18 | $191,568 |
| 2018 | $3,002.18 | $191,568 |
| 2017 | $2,908.6 | $198,448 |
| 2016 | $3,052.34 | $191,486 |
| 2015 | $3,734.57 | $122,355 |
| 2014 | $1,718.49 | $121,384 |
| 2013 | $1,683.64 | $119,590 |
| 2012 | $1,785.21 | $125,728 |
| 2011 | $1,826.27 | $125,757 |
| 2010 | $1,831.57 | $125,795 |
| 2009 | $219 | $139,732 |
| 2008 | $204 | $174,808 |
| 2007 | $211.05 | $221,642 |
| 2006 | $4,639.37 | $240,186 |
| 2005 | $0 | $111,631 |
| 2004 | $865.16 | $108,380 |
| 2003 | $184.05 | $106,359 |
| 2002 | $1,730.03 | $103,866 |
| 2001 | $1,715.17 | $102,230 |
| 2000 | $1,691.79 | $102,230 |
| 1999 | $1,506.9 | $102,230 |
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