For SaleRisky Deal1 days on market
5409 LAKEFRONT Boulevard #D
5409 LAKEFRONT Boulevard #D, Delray Beach, FL 33484, Delray Beach, FL 33484
$359,900
Estimate®:$343,600
Listing Price
5409 LAKEFRONT Boulevard #D, Delray Beach, FL 33484
Loc: Delray Beach, FL
Days Listed
1
Tax Assessed
$72k
Estimate®
$344k
Market Rate
Rent Estimate
$2,428/mo
Est. Cash Flow base
Type
condo
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.
8
Banyan Creek Elementary School
PK-5
1.6 mi away
3
Carver Middle School
6-8
0.9 mi away
5
Atlantic High School
9-12
1.8 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
modernupdated kitchenstainless steel appliancesopen conceptcontemporaryrecessed lightinggrey wood-look flooringwhite cabinetryminimalistclean linesFrench door refrigeratortile backsplashbreakfast bar
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.22%
Total ROI
72.2%
Cash Flow
$-303/mo
DSCR
0.84
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-303/mo net cash flow with a 5.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Delray Beach, 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 |
|---|---|---|---|
| 2026-09-24 | Listed for sale | $359,900 | $303 |
| 2014-05-01 | Sold | $52,000 | $44 |
| 2014-03-08 | Listed for sale | $50,000 | $42 |
| 2011-03-02 | Listing removed | $57,000 | $48 |
| 2010-05-08 | Price change | $57,000 | $48 |
| 2010-02-19 | Listed for sale | $60,000 | $51 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $905 | $69,859 |
| 2024 | $882 | $67,890 |
| 2023 | $862 | $65,913 |
| 2022 | $857 | $63,993 |
| 2021 | $840 | $62,129 |
| 2020 | $833.99 | $61,271 |
| 2019 | $833.23 | $59,893 |
| 2018 | $833.23 | $58,776 |
| 2017 | $804.44 | $57,567 |
| 2016 | $782.73 | $56,383 |
| 2015 | $786.16 | $55,991 |
| 2014 | $1,335.31 | $55,600 |
| 2013 | $1,013.15 | $38,600 |
| 2012 | $960.68 | $35,600 |
| 2011 | $1,093.63 | $41,600 |
| 2010 | $1,092.43 | $41,600 |
| 2009 | $653.34 | $46,832 |
| 2008 | $588.11 | $46,785 |
| 2007 | $535.58 | $45,422 |
| 2006 | $587.47 | $44,314 |
| 2005 | $0 | $43,023 |
| 2004 | $168.84 | $41,770 |
| 2003 | $174.05 | $40,991 |
| 2002 | $452.79 | $40,030 |
| 2001 | $442.09 | $39,400 |
| 2000 | $436.21 | $39,400 |
| 1999 | $329.76 | $42,400 |
Similar Properties Nearby
Explore other investment opportunities in Delray Beach.