For SaleRisky Deal1 days on market
1630 40th Street
1630 40th Street, West Palm Beach, FL 33407, West Palm Beach, FL 33407
$499,000
Listing Price
1630 40th Street, West Palm Beach, FL 33407
Loc: West Palm Beach, FL
Days Listed
1
Tax Assessed
$343k
Lot Size
9,148 sqft
Rent Estimate
$3,821/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
0.8 mi away
4
John F. Kennedy Middle School
6-8
2.1 mi away
2
Palm Beach Lakes High School
9-12
1.8 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-storystucco exteriorstone accentsattached garagespacious lawnpalm treeslandscapedlong drivewayoutdoor lightingtwilightsuburbanmid-century aesthetic
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.80%
Total ROI
84.9%
Cash Flow
$-177/mo
DSCR
0.93
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-177/mo net cash flow with a 5.8% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.8%)
- • Strong rental demand in West Palm 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 |
|---|---|---|---|
| 2026-09-13 | Price change | $499,000 | $277 |
| 2025-12-10 | Price change | $535,000 | $297 |
| 2025-09-01 | Price change | $550,000 | $305 |
| 2025-06-22 | Price change | $575,000 | $319 |
| 2025-05-16 | Listed for sale | $599,000 | $332 |
| 2014-11-25 | Sold | $215,000 | $119 |
| 2014-10-02 | Price change | $215,500 | $119 |
| 2014-09-29 | Listed for sale | $209,500 | $116 |
| 2014-05-30 | Sold | $114,000 | $63 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $5,676 | $162,321 |
| 2024 | $5,576 | $157,746 |
| 2023 | $5,495 | $153,151 |
| 2022 | $5,446 | $148,690 |
| 2021 | $2,501 | $144,359 |
| 2020 | $2,477.56 | $142,366 |
| 2019 | $2,431.42 | $139,165 |
| 2018 | $2,431.42 | $136,570 |
| 2017 | $2,262.41 | $133,761 |
| 2016 | $2,204.58 | $131,010 |
| 2015 | $2,228.81 | $130,099 |
| 2014 | $2,377.13 | $93,558 |
| 2013 | $2,452.56 | $96,548 |
| 2012 | $2,389.77 | $89,577 |
| 2011 | $2,135.73 | $81,434 |
| 2010 | $2,803.99 | $107,880 |
| 2009 | $3,334.61 | $134,222 |
| 2008 | $4,322.99 | $194,734 |
| 2007 | $4,448.64 | $206,268 |
| 2006 | $4,654.39 | $198,093 |
| 2005 | $0 | $164,886 |
| 2004 | $2,009.48 | $131,439 |
| 2003 | $104 | $108,334 |
| 2002 | $2,549.37 | $99,334 |
| 2001 | $2,302.42 | $87,745 |
| 2000 | $2,256.99 | $85,802 |
| 1999 | $2,125.91 | $85,340 |
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