For SaleRisky Deal0 days on market
5198 LAKEFRONT Boulevard #A
5198 LAKEFRONT Boulevard #A, Delray Beach, FL 33484, Delray Beach, FL 33484
$180,000
Listing Price
5198 LAKEFRONT Boulevard #A, Delray Beach, FL 33484
Loc: Delray Beach, FL
Days Listed
0
Tax Assessed
$46k
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
ranch-stylestucco exteriorsingle-storyresidentialwell-manicured lawnpalm treesasphalt drivewaysuburbancoastalflat terraincommunity parkingmulti-unit buildingcasement windows
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.56%
Total ROI
79.8%
Cash Flow
$-99/mo
DSCR
0.89
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-99/mo net cash flow with a 5.6% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.6%)
- • Strong rental demand in Delray 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 |
|---|---|---|---|
| 2026-09-25 | Listed for sale | $180,000 | $152 |
| 1989-11-01 | Sold | $53,000 | $45 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $485 | $44,463 |
| 2024 | $464 | $43,210 |
| 2023 | $443 | $41,951 |
| 2022 | $468 | $40,729 |
| 2021 | $442 | $39,543 |
| 2020 | $433.73 | $38,997 |
| 2019 | $430.19 | $38,120 |
| 2018 | $430.19 | $37,409 |
| 2017 | $414.93 | $36,640 |
| 2016 | $389.27 | $35,886 |
| 2015 | $385.11 | $35,637 |
| 2014 | $386.25 | $35,354 |
| 2013 | $376.59 | $34,832 |
| 2012 | $367.33 | $34,250 |
| 2011 | $434.22 | $40,250 |
| 2010 | $427.97 | $40,250 |
| 2009 | $662.86 | $46,832 |
| 2008 | $596.62 | $46,785 |
| 2007 | $543.97 | $45,422 |
| 2006 | $596.58 | $44,314 |
| 2005 | $0 | $43,023 |
| 2004 | $174.02 | $41,770 |
| 2003 | $174.05 | $40,991 |
| 2002 | $462.63 | $40,030 |
| 2001 | $452.02 | $39,400 |
| 2000 | $446.04 | $39,400 |
| 1999 | $339.51 | $42,400 |
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