For SaleRisky Deal1 days on market
5014 SPRUCE Avenue
5014 SPRUCE Avenue, West Palm Beach, FL 33407, West Palm Beach, FL 33407
$515,000
Estimate®:$500,300
Listing Price
5014 SPRUCE Avenue, West Palm Beach, FL 33407
Loc: West Palm Beach, FL
Days Listed
1
Tax Assessed
$241k
Estimate®
$500k
Market Rate
Lot Size
6,681 sqft
Rent Estimate
$2,544/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.
4
Northmore Elementary School
PK-5
0.7 mi away
4
John F. Kennedy Middle School
6-8
2.5 mi away
2
Palm Beach Lakes High School
9-12
3.2 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
ranch stylesingle storybeige stuccostone veneerattached garagemature treeswell-maintained lawnsuburbancovered porchdrivewayresidentialawningmid-century modern influencecozy
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.15%
Total ROI
27.3%
Cash Flow
$-1,321/mo
DSCR
0.51
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,321/mo net cash flow with a 3.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in West Palm Beach, FL
- • Long-term capital appreciation corridor
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 |
|---|---|---|---|
| 2026-09-23 | Listed for sale | $515,000 | $292 |
| 2026-01-10 | Listing removed | $524,000 | $297 |
| 2025-11-17 | Price change | $524,000 | $297 |
| 2025-09-09 | Listed for sale | $534,000 | $302 |
| 2013-10-08 | Sold | $95,000 | $54 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $6,233 | $219,156 |
| 2024 | $6,349 | $199,233 |
| 2023 | $5,554 | $181,121 |
| 2022 | $4,931 | $164,655 |
| 2021 | $4,460 | $149,686 |
| 2020 | $4,213.99 | $136,078 |
| 2019 | $3,783.29 | $123,707 |
| 2018 | $3,783.29 | $180,233 |
| 2017 | $3,174.7 | $157,783 |
| 2016 | $2,890.85 | $92,943 |
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