For SaleRisky Deal92 days on market
1029 W Palmetto Park Road
1029 W Palmetto Park Road, Boca Raton, FL 33486, Boca Raton, FL 33486
$1,299,000
Estimate®:$1,243,400
Listing Price
1029 W Palmetto Park Road, Boca Raton, FL 33486
Loc: Boca Raton, FL
Days Listed
92
Tax Assessed
$828k
Estimate®
$1243k
Market Rate
Lot Size
9,348 sqft
Rent Estimate
$7,315/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.
10
Addison Mizner Elementary School
K-8
0.5 mi away
6
Boca Raton Community High School
9-12
1.2 mi away
8
Boca Raton Community Middle School
6-8
0.7 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 exteriorattached garagespacious lawntropical landscapingpalm treessuburbanmid-century influencelow-pitched roofwell-maintainedsunnycurb appeal
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.98%
Total ROI
45.3%
Cash Flow
$-2,434/mo
DSCR
0.64
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-2,434/mo net cash flow with a 4.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Boca Raton, 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 |
|---|---|---|---|
| 2026-09-18 | Listed for rent | $12,500 | $5 |
| 2026-08-10 | Price change | $1,299,000 | $564 |
| 2026-06-24 | Listed for sale | $1,350,000 | $586 |
| 2023-07-30 | Listing removed | $0 | – |
| 2023-07-15 | Price change | $7,995 | $3 |
| 2023-07-07 | Price change | $8,250 | $4 |
| 2023-07-03 | Price change | $8,500 | $4 |
| 2023-05-26 | Price change | $8,650 | $4 |
| 2023-05-16 | Listed for rent | $8,950 | $4 |
| 2022-03-31 | Sold | $975,000 | $424 |
| 2022-01-24 | Contingent | $950,000 | $413 |
| 2022-01-13 | Listed for sale | $950,000 | $413 |
| 2020-07-13 | Sold | $441,500 | $192 |
| 2020-06-16 | Pending sale | $485,000 | $211 |
| 2020-05-31 | Listed for sale | $485,000 | $211 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $14,435 | $827,810 |
| 2024 | $14,091 | $807,779 |
| 2023 | $15,128 | $861,658 |
| 2022 | $9,766 | $516,749 |
| 2021 | $8,805 | $469,772 |
| 2020 | $3,632.18 | $223,825 |
| 2019 | $3,588.44 | $218,793 |
| 2018 | $3,588.44 | $214,713 |
| 2017 | $3,398.85 | $210,297 |
| 2016 | $3,359.04 | $205,972 |
| 2015 | $3,340.86 | $204,540 |
| 2014 | $3,419.56 | $202,917 |
| 2013 | $3,370.44 | $199,918 |
| 2012 | $3,356.35 | $196,576 |
| 2011 | $3,280.37 | $190,850 |
| 2010 | $3,204.22 | $188,030 |
| 2009 | $2,961.54 | $183,087 |
| 2008 | $2,707.16 | $182,904 |
| 2007 | $2,835.39 | $177,577 |
| 2006 | $2,993 | $173,246 |
| 2005 | $0 | $168,200 |
| 2004 | $1,538.03 | $163,301 |
| 2003 | $104 | $160,256 |
| 2002 | $2,819.55 | $156,500 |
| 2001 | $2,815.72 | $154,035 |
| 2000 | $2,713.34 | $149,549 |
| 1999 | $2,436.9 | $161,773 |
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