Palm Beach County, FL

Investing in Delray Beach, FL 33484: what the numbers really say

We analyzed 14 single-family homes and other properties currently active in Delray Beach, FL 33484 (Palm Beach County) to answer the question every foreign investor asks first: what does this actually return, after the costs no one mentions upfront?

Properties in this zip currently show an average cap rate of -4.5% and a gross rental yield of 5.2%, with prices ranging from $55,000 to $659,000.

Cap RateImnoba estimate
-4.5%

Annual net operating income over price. Excludes mortgage.

Gross YieldImnoba estimate
5.2%

Gross annual rent over price, before expenses.

GRMImnoba estimate
19.5

Price over gross annual rent — lower means the property "pays for itself" faster.

Hidden costs in this zone

Annual property tax

$2,806

Annual HOA

$9,587

Annual insurance

$5,492

Wind/flood exposure zone — real insurance can vary by year built and exact FEMA zone.

Estimates for informational purposes only. Not investment or financial advice.

Example properties in this zone

Real metrics, no gallery — full detail with photos and address is shared once you unlock the report.

Detail available after unlocking

$264,800

Single Family · 1112 sqft

Cap rate1.0%
Detail available after unlocking

$397,406

Single Family · 1270 sqft

Cap rate0.7%
Detail available after unlocking

$659,000

Single Family · 1614 sqft

Cap rate0.6%

Frequently asked questions

What is the average cap rate in Delray Beach, FL 33484?

Based on 14 properties analyzed by Imnoba, the average cap rate in Delray Beach, FL 33484 is -4.5%, with a gross rental yield of 5.2% and a GRM of 19.5. This is an Imnoba estimate based on typical market rent for the area, not a guaranteed return.

Is short-term rental (Airbnb) legal in Delray Beach?

We haven't verified the specific short-term rental ordinance for Delray Beach yet — always confirm with the city and the HOA/condo documents before counting on this income.

How much is property tax in Palm Beach County?

Properties analyzed in this zip show an average annual property tax of $2,806. This figure combines real tax data from listings where available and an Imnoba estimate (typical effective rate for Palm Beach County) where it isn't — always confirmed as reliable but not guaranteed.

How expensive is insurance in Delray Beach, FL 33484?

Imnoba estimates an average annual insurance cost of $5,492 for properties in this zone — this area has wind/flood exposure, so real premiums can vary significantly by year built and exact FEMA zone. This is an estimate; always get a real quote from a Florida-licensed insurance agent before closing.

What type of property is most common in Delray Beach, FL 33484?

Of the 14 properties Imnoba analyzed in this zip, single-family homes are the most common property type.

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