For SaleGood Deal0 days on market
5031 NESTING Way #D
5031 NESTING Way #D, Delray Beach, FL 33484, Delray Beach, FL 33484
$215,000
Estimate®:$264,000$49,000 Under Market
Listing Price
5031 NESTING Way #D, Delray Beach, FL 33484
Loc: Delray Beach, FL
Days Listed
0
Tax Assessed
$187k
Estimate®
$264k
19% Under Valued
Rent Estimate
$2,147/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
1.2 mi away
3
Carver Middle School
6-8
1.1 mi away
5
Atlantic High School
9-12
1.9 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
modernopen conceptkitchen islandbreakfast barwhite cabinetrystainless steel appliancestile flooringrecessed lightingcontemporarybar stoolsspaciousbrightfunctional layout
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
7.47%
Total ROI
121.3%
Cash Flow
$223/mo
DSCR
1.20
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $223/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 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 | $215,000 | $171 |
| 2022-12-30 | Sold | $270,000 | $215 |
| 2022-12-15 | Pending sale | $275,000 | $219 |
| 2022-12-09 | Contingent | $275,000 | $219 |
| 2022-11-28 | Price change | $275,000 | $219 |
| 2022-10-28 | Listed for sale | $289,900 | $231 |
| 2018-09-23 | Listing removed | $1,400 | $1 |
| 2018-05-22 | Listed for rent | $1,400 | $1 |
| 2018-01-07 | Listing removed | $2,200 | $2 |
| 2017-06-07 | Listed for rent | $2,200 | $2 |
| 2002-02-13 | Sold | $69,000 | $55 |
| 1996-07-25 | Sold | $55,000 | $44 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,649 | $201,421 |
| 2024 | $3,963 | $221,244 |
| 2023 | $4,064 | $226,252 |
| 2022 | $2,563 | $118,925 |
| 2021 | $2,290 | $108,114 |
| 2020 | $2,096.43 | $98,285 |
| 2019 | $2,008.74 | $89,350 |
| 2018 | $2,008.74 | $98,850 |
| 2017 | $1,830.25 | $98,850 |
| 2016 | $1,755.55 | $67,130 |
| 2015 | $1,715.75 | $61,027 |
| 2014 | $1,358.64 | $55,479 |
| 2013 | $1,262.29 | $50,435 |
| 2012 | $1,156.95 | $45,850 |
| 2011 | $1,372.66 | $55,850 |
| 2010 | $1,337.57 | $54,000 |
| 2009 | $819.02 | $62,000 |
| 2008 | $837.99 | $75,328 |
| 2007 | $1,009.29 | $73,134 |
| 2006 | $1,090.12 | $71,350 |
| 2005 | $0 | $69,272 |
| 2004 | $438.43 | $67,254 |
| 2003 | $174.05 | $66,000 |
| 2002 | $684.42 | $51,308 |
| 2001 | $673.26 | $50,500 |
| 2000 | $732.96 | $54,000 |
| 1999 | $541.8 | $52,768 |
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