For SaleRisky Deal7 days on market
328 Monroe Dr
328 Monroe Dr, West Palm Beach, FL 33405, West Palm Beach, FL 33405
$1,950,000
Listing Price
328 Monroe Dr, West Palm Beach, FL 33405
Loc: West Palm Beach, FL
Days Listed
7
Tax Assessed
$1163k
Lot Size
6,534 sqft
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
Palm Beach Public School
PK-5
2 mi away
4
Conniston Middle School
6-8
0.5 mi away
3
Forest Hill Community High School
9-12
1.9 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
Mediterranean revivaltwo-storystucco exteriorarched windowsarched entrywaycovered carporttropical landscapingfront gardenwhite facaderesidential architecturecoastal aestheticwell-maintainedcurb appeal
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.21%
Total ROI
93.8%
Cash Flow
$-31/mo
DSCR
1.00
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-31/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 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 |
|---|---|---|---|
| 2026-09-16 | Listed for sale | $1,950,000 | $631 |
| 2026-08-01 | Listing removed | $1,950,000 | $631 |
| 2026-06-12 | Price change | $1,950,000 | $631 |
| 2026-03-18 | Listed for sale | $2,195,000 | $711 |
| 2026-03-01 | Listing removed | $2,195,000 | $711 |
| 2026-01-20 | Price change | $2,195,000 | $711 |
| 2025-11-07 | Price change | $2,295,000 | $743 |
| 2025-08-26 | Price change | $2,495,000 | $808 |
| 2025-05-08 | Listed for sale | $2,550,000 | $826 |
| 2017-12-02 | Listing removed | $6,000 | $2 |
| 2017-06-06 | Listed for rent | $6,000 | $2 |
| 2016-11-29 | Listing removed | $6,000 | $2 |
| 2016-04-08 | Listing removed | $525,000 | $170 |
| 2016-04-01 | Listing removed | $2,500 | $1 |
| 2016-03-19 | Listed for rent | $2,500 | $1 |
| 2016-03-09 | Price change | $525,000 | $170 |
| 2016-03-01 | Price change | $539,900 | $175 |
| 2016-01-10 | Listed for sale | $549,900 | $178 |
| 2015-12-07 | Listing removed | $534,000 | $173 |
| 2015-10-06 | Price change | $534,000 | $173 |
| 2015-08-29 | Price change | $539,000 | $175 |
| 2015-06-20 | Price change | $549,000 | $178 |
| 2015-05-08 | Listed for sale | $599,000 | $194 |
| 2013-05-03 | Listing removed | $3,200 | $1 |
| 2013-04-13 | Listed for rent | $3,200 | $1 |
| 2012-07-13 | Sold | $230,000 | $74 |
| 1998-01-06 | Sold | $115,000 | $37 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $8,844 | $445,484 |
| 2024 | $8,578 | $432,929 |
| 2023 | $8,366 | $420,319 |
| 2022 | $8,279 | $408,077 |
| 2021 | $8,256 | $396,191 |
| 2020 | $8,206.99 | $390,721 |
| 2019 | $8,090.11 | $381,936 |
| 2018 | $8,090.11 | $374,815 |
| 2017 | $7,642.25 | $313,784 |
| 2016 | $7,280.83 | $292,669 |
| 2015 | $6,952.84 | $344,188 |
| 2014 | $5,857.89 | $276,383 |
| 2012 | $5,497.37 | $197,917 |
| 2011 | $4,887.39 | $188,766 |
| 2010 | $5,000.65 | $190,685 |
| 2009 | $5,563.11 | $221,368 |
| 2005 | $0 | $288,579 |
| 2004 | $3,534.66 | $231,201 |
| 2003 | $208 | $205,163 |
| 2002 | $4,711.67 | $182,943 |
| 2001 | $4,334.58 | $164,698 |
| 2000 | $3,737.42 | $140,642 |
| 1999 | $3,211.5 | $128,919 |
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