For SaleRisky Deal132 days on market
429 Avenida Hermosa
429 Avenida Hermosa, West Palm Beach, FL 33405, West Palm Beach, FL 33405
$449,900
Listing Price
429 Avenida Hermosa, West Palm Beach, FL 33405
Loc: West Palm Beach, FL
Days Listed
132
Tax Assessed
$380k
Lot Size
5,350 sqft
Rent Estimate
$3,641/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
Palmetto Elementary School
PK-5
1.5 mi away
4
Conniston Middle School
6-8
0.5 mi away
3
Forest Hill Community High School
9-12
2.1 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
ranch stylesingle-storystucco exteriorcovered entrywayconcrete drivewaylandscaped front yardmature treespalm treesresidentialcozysuburbantraditional architectureneutral color palette
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.05%
Total ROI
90.4%
Cash Flow
$-66/mo
DSCR
0.97
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-66/mo net cash flow with a 6.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.0%)
- • 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 |
|---|---|---|---|
| 2026-09-18 | Price change | $449,900 | $345 |
| 2026-08-24 | Price change | $459,900 | $352 |
| 2026-07-27 | Price change | $469,900 | $360 |
| 2026-06-29 | Price change | $479,900 | $368 |
| 2026-05-29 | Price change | $485,000 | $372 |
| 2026-05-14 | Listed for sale | $489,900 | $375 |
| 2025-06-30 | Sold | $515,000 | $395 |
| 2021-07-07 | Sold | $330,700 | $253 |
| 2021-02-24 | Listing removed | $0 | – |
| 2020-12-21 | Listed for rent | $2,195 | $2 |
| 2020-11-16 | Sold | $303,000 | $232 |
| 2020-09-22 | Price change | $325,000 | $249 |
| 2020-08-20 | Listed for sale | $345,000 | $264 |
| 2020-06-12 | Sold | $211,000 | $162 |
| 2020-03-27 | Price change | $234,000 | $179 |
| 2019-12-18 | Listed for sale | $260,000 | $199 |
| 2019-12-12 | Sold | $206,000 | $158 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $7,890 | $367,104 |
| 2024 | $7,233 | $333,731 |
| 2023 | $7,063 | $303,392 |
| 2022 | $6,098 | $275,811 |
| 2021 | $5,207 | $226,663 |
| 2020 | $4,146.26 | $176,295 |
| 2019 | $3,126.76 | $117,293 |
| 2018 | $3,126.76 | $143,559 |
| 2017 | $2,774.83 | $135,272 |
| 2016 | $2,584.03 | $88,124 |
| 2015 | $2,383.59 | $80,113 |
| 2014 | $2,028.6 | $72,830 |
| 2013 | $1,750.1 | $66,209 |
| 2012 | $1,621.32 | $60,190 |
| 2011 | $1,883.28 | $70,819 |
| 2010 | $1,906.33 | $70,819 |
| 2009 | $2,412.39 | $94,972 |
| 2008 | $1,170.2 | $88,925 |
| 2007 | $1,411.37 | $86,335 |
| 2006 | $1,481.38 | $84,229 |
| 2005 | $0 | $81,776 |
| 2004 | $831.57 | $79,394 |
| 2003 | $104 | $77,914 |
| 2002 | $1,860.51 | $71,351 |
| 2001 | $1,767.34 | $66,378 |
| 2000 | $1,553.51 | $57,753 |
| 1999 | $1,402.16 | $56,287 |
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