For SaleGood Deal22 days on market
1108 State Street
1108 State Street, West Palm Beach, FL 33407, West Palm Beach, FL 33407
$210,000
Listing Price
1108 State Street, West Palm Beach, FL 33407
Loc: West Palm Beach, FL
Days Listed
22
Tax Assessed
$213k
Lot Size
3,600 sqft
Rent Estimate
$2,123/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.
2
Pleasant City Elementary School
PK-5
0.6 mi away
5
Roosevelt Middle School
6-8
0.1 mi away
2
Palm Beach Lakes High School
9-12
3.1 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-stylestucco exteriorsingle-storyminimalistresidentialglass block windowspitched roofasphalt shinglesmature treesgrassy lawncompactsuburbanmodestexterior lighting
Haven AI Verdict
Recommendation
Good
Confidence Score: 7/10
Strong rental demand expected in this area (98% occupancy rate).
Turnkey property requiring minimal initial CapEx.
Cap Rate
7.49%
Total ROI
121.7%
Cash Flow
$221/mo
DSCR
1.20
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $221/mo net cash flow with a 7.5% cap rate. Underwriting indicates good fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (7.5%)
- • 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 |
|---|---|---|---|
| 2026-09-14 | Price change | $210,000 | $203 |
| 2026-09-09 | Price change | $220,000 | $212 |
| 2026-09-02 | Listed for sale | $245,000 | $236 |
| 2026-08-23 | Pending sale | $245,000 | $236 |
| 2026-08-11 | Listed for sale | $245,000 | $236 |
| 2025-11-23 | Listing removed | $0 | – |
| 2025-08-25 | Listed for sale | $264,999 | $256 |
| 2024-04-27 | Listing removed | $0 | – |
| 2024-04-11 | Listing removed | $0 | – |
| 2024-02-13 | Listed for rent | $2,200 | $2 |
| 2024-01-29 | Listing removed | $0 | – |
| 2024-01-19 | Listed for rent | $2,200 | $2 |
| 2021-04-26 | Sold | $144,500 | $139 |
| 2021-02-22 | Pending sale | $149,000 | $144 |
| 2021-02-08 | Listed for sale | $149,000 | $144 |
| 2021-02-01 | Contingent | $149,000 | $144 |
| 2021-01-29 | Listed for sale | $149,000 | $144 |
| 2020-01-03 | Listing removed | $1,300 | $1 |
| 2019-12-11 | Listed for rent | $1,300 | $1 |
| 2019-04-11 | Listing removed | $129,000 | $125 |
| 2019-04-04 | Listed for sale | $129,000 | $125 |
| 2019-02-23 | Listing removed | $1,450 | $1 |
| 2019-02-06 | Price change | $1,450 | $1 |
| 2019-01-15 | Price change | $1,375 | $1 |
| 2019-01-07 | Price change | $1,399 | $1 |
| 2018-05-29 | Sold | $50,000 | $48 |
| 2010-11-03 | Sold | $9,400 | $9 |
| 2006-05-25 | Sold | $80,000 | $77 |
| 2004-07-08 | Sold | $58,000 | $56 |
| 2003-07-23 | Sold | $4,100 | $4 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,578 | $207,297 |
| 2024 | $4,283 | $188,452 |
| 2023 | $3,953 | $171,320 |
| 2022 | $3,567 | $155,745 |
| 2021 | $2,037 | $77,575 |
| 2020 | $1,822.43 | $70,523 |
| 2019 | $1,752.17 | $66,611 |
| 2018 | $1,752.17 | $64,937 |
| 2017 | $175 | $47,282 |
| 2016 | $172 | $48,715 |
| 2015 | $170 | $49,709 |
| 2014 | $1,929.71 | $47,158 |
| 2013 | $1,402.91 | $42,871 |
| 2012 | $1,137.15 | $39,701 |
| 2011 | $1,163.41 | $40,551 |
| 2010 | $1,367.81 | $48,586 |
| 2009 | $1,541.47 | $57,904 |
| 2008 | $1,463.35 | $61,097 |
| 2007 | $1,455.67 | $63,449 |
| 2006 | $1,440.55 | $57,443 |
| 2005 | $0 | $37,668 |
| 2004 | $561.43 | $36,723 |
| 2003 | $104 | $32,214 |
| 2002 | $908.07 | $32,662 |
| 2001 | $709.41 | $24,135 |
| 2000 | $739.02 | $25,279 |
| 1999 | $620.32 | $24,901 |
Similar Properties Nearby
Explore other investment opportunities in West Palm Beach.