For SaleRisky Deal4 days on market
8608 PALISADES LAKE Drive
8608 PALISADES LAKE Drive, West Palm Beach, FL 33411, West Palm Beach, FL 33411
$775,000
Estimate®:$750,000
Listing Price
8608 PALISADES LAKE Drive, West Palm Beach, FL 33411
Loc: West Palm Beach, FL
Days Listed
4
Tax Assessed
$598k
Estimate®
$750k
Market Rate
Lot Size
7,841 sqft
Rent Estimate
$6,050/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
Benoist Farms Elementary School
PK-5
0.8 mi away
4
Jeaga Middle School
6-8
3.4 mi away
3
Royal Palm Beach High School
9-12
1.6 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 stylestucco exteriortwo-storypaver drivewaythree-car garagebarrel tile roofarched entrywaypalm treestropical landscapingluxury suburban homemanicured lawnwell-maintained
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.86%
Total ROI
86.1%
Cash Flow
$-239/mo
DSCR
0.94
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-239/mo net cash flow with a 5.9% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.9%)
- • 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 |
|---|---|---|---|
| 2026-09-20 | Listed for sale | $775,000 | $222 |
| 2020-07-17 | Sold | $480,000 | $138 |
| 2020-05-26 | Price change | $475,000 | $136 |
| 2020-05-23 | Listed for sale | $484,500 | $139 |
| 2020-05-19 | Pending sale | $484,500 | $139 |
| 2020-05-15 | Price change | $484,500 | $139 |
| 2020-05-01 | Listed for sale | $485,000 | $139 |
| 2017-04-06 | Sold | $380,000 | $109 |
| 2017-02-02 | Pending sale | $399,900 | $115 |
| 2017-01-19 | Listed for sale | $399,900 | $115 |
| 2017-01-10 | Pending sale | $399,900 | $115 |
| 2017-01-05 | Listed for sale | $399,900 | $115 |
| 2017-01-01 | Pending sale | $399,900 | $115 |
| 2016-12-29 | Listed for sale | $399,900 | $115 |
| 2016-10-22 | Listing removed | $3,750 | $1 |
| 2016-10-11 | Listed for sale | $425,000 | $122 |
| 2016-06-13 | Listing removed | $418,000 | $120 |
| 2016-03-28 | Price change | $418,000 | $120 |
| 2016-03-16 | Listed for sale | $419,000 | $120 |
| 2015-11-03 | Listing removed | $2,800 | $1 |
| 2015-10-22 | Listed for rent | $2,800 | $1 |
| 2015-10-21 | Listing removed | $399,900 | $115 |
| 2015-09-03 | Price change | $399,900 | $115 |
| 2015-01-27 | Listed for sale | $419,900 | $121 |
| 2011-06-02 | Sold | $250,000 | $72 |
| 2005-07-22 | Sold | $442,633 | $127 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $7,025 | $438,721 |
| 2024 | $6,821 | $426,357 |
| 2023 | $6,655 | $413,939 |
| 2022 | $6,603 | $401,883 |
| 2021 | $6,559 | $390,178 |
| 2020 | $6,602.95 | $389,881 |
| 2019 | $6,667.62 | $389,072 |
| 2018 | $6,667.62 | $381,817 |
| 2017 | $6,309.45 | $350,008 |
| 2016 | $6,515.25 | $378,470 |
| 2015 | $7,310.07 | $344,064 |
| 2014 | $6,425.84 | $314,676 |
| 2013 | $5,817.36 | $286,069 |
| 2012 | $5,366.76 | $260,063 |
| 2011 | $4,620.49 | $255,749 |
| 2010 | $4,675.08 | $257,246 |
| 2009 | $5,063.6 | $287,300 |
| 2008 | $6,868.1 | $425,264 |
| 2007 | $8,521.01 | $492,565 |
| 2006 | $7,517.37 | $395,662 |
| 2005 | $0 | $69,000 |
Similar Properties Nearby
Explore other investment opportunities in West Palm Beach.