Off MarketRisky Deal338 days on market
255 Evernia Street #1115
255 Evernia Street #1115, West Palm Beach, FL 33401, West Palm Beach, FL 33401
$725,000
Estimate®:$445,700
Listing Price
255 Evernia Street #1115, West Palm Beach, FL 33401
Loc: West Palm Beach, FL
Days Listed
338
Tax Assessed
$365k
Estimate®
$446k
Market Rate
Rent Estimate
$2,650/mo
Est. Cash Flow base
Type
condo
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.
5
U. B. Kinsey/Palmview Elementary School
PK-5
1 mi away
4
Conniston Middle School
6-8
2.4 mi away
3
Forest Hill Community High School
9-12
4.1 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
modernluxury apartmentopen conceptrecessed lightingelectric fireplacebuilt-in media wallfloor to ceiling windowsbalconycity viewhardwood flooringcontemporaryminimalistneutral color palettehigh-rise
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
2.28%
Total ROI
8.5%
Cash Flow
$-2,382/mo
DSCR
0.37
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-2,382/mo net cash flow with a 2.3% 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 |
|---|---|---|---|
| 2026-09-01 | Listing removed | $4,800 | $7 |
| 2026-03-20 | Listed for rent | $4,800 | $7 |
| 2025-10-21 | Listed for sale | $725,000 | $1,007 |
| 2025-10-04 | Listing removed | $4,800 | $7 |
| 2025-06-07 | Listed for rent | $4,800 | $7 |
| 2025-04-23 | Listing removed | $4,800 | $7 |
| 2024-10-26 | Listed for rent | $4,800 | $7 |
| 2024-10-01 | Listing removed | $4,800 | $7 |
| 2024-04-22 | Listed for rent | $4,800 | $7 |
| 2024-04-11 | Listing removed | $0 | – |
| 2024-03-12 | Listed for rent | $4,800 | $7 |
| 2023-02-09 | Sold | $401,000 | $557 |
| 2023-01-19 | Pending sale | $399,000 | $554 |
| 2023-01-04 | Listed for sale | $399,000 | $554 |
| 2019-09-23 | Listing removed | $1,525 | $2 |
| 2019-08-22 | Listed for rent | $1,525 | $2 |
| 2005-10-14 | Sold | $363,377 | $505 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $8,031 | $365,000 |
| 2024 | $8,026 | $365,000 |
| 2023 | $5,889 | $211,750 |
| 2022 | $4,815 | $192,500 |
| 2021 | $4,176 | $175,000 |
| 2020 | $4,214.81 | $175,000 |
| 2019 | $4,179.71 | $169,540 |
| 2018 | $4,179.71 | $157,000 |
| 2017 | $3,655.83 | $152,000 |
| 2016 | $3,418.77 | $127,377 |
| 2015 | $3,209.06 | $115,797 |
| 2014 | $2,731.05 | $105,270 |
| 2013 | $2,540.19 | $95,700 |
| 2012 | $2,266.86 | $87,000 |
| 2011 | $2,577.52 | $99,000 |
| 2010 | $2,742.03 | $104,000 |
| 2009 | $3,492.34 | $138,000 |
| 2008 | $4,879.18 | $205,000 |
| 2007 | $5,794.4 | $255,000 |
| 2006 | $7,571.95 | $305,000 |
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