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8379 Grand Prix Lane
Score
0
Boynton Beach, FL

8379 Grand Prix Lane

1.1M
4 bd • 5 ba • 3,252 sf

This analysis was generated on 3/7/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$1,130,000

Price/Sq.Ft

$347

Year Built

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Paver Driveway: Adds curb appeal and perceived value, approximately $5,000-$10,000 value. • Tile Roof: Durable and aesthetically pleasing, adds approximately $10,000-$15,000 value. • Balcony with Iron Railings: Adds architectural interest and outdoor space, approximately $3,000-$5,000 value. • Paver Driveway • Tile Roof • Arched Windows • Balcony with Iron Railings • Price Position: At $347.48/sqft, the property is priced significantly higher than the recent median sold price of $263/sqft in the area. • Appreciation Trend: Homes in 33472 have sold for 6.4% more than a year ago, but this may not be sustainable in a buyer's market. • Potential Equity: Property could be worth up to $45,000 more than the asking price • Rental Income: $4,610/month with 99% occupancy (4.2% cap rate) • Schools: School data is needed to determine the impact of school quality on property values in this specific location. • Future Development: Requires further investigation into planned developments or zoning changes near 8379 Grand Prix Lane. • The large arched windows suggest good natural light in the front of the house. The orientation of the house relative to the sun would need to be assessed to determine the overall natural light exposure. • The exterior suggests a functional layout with good curb appeal. The presence of a balcony indicates potential for indoor-outdoor living.
Paver Driveway

Paver Driveway

Adds curb appeal and perceived value, approximately $5,000-$10,000 value.

Tile Roof

Tile Roof

Durable and aesthetically pleasing, adds approximately $10,000-$15,000 value.

Balcony with Iron Railings

Balcony with Iron Railings

Adds architectural interest and outdoor space, approximately $3,000-$5,000 value.

The Bad

• Buyer's market conditions may limit appreciation potential in the short term. • Lack of specific property details (year built, features, etc.) makes accurate valuation challenging. • Reliance on limited market data increases uncertainty in projections. • Climate Risk: Insurance rates are influenced by Florida's specific climate risks (hurricanes, flooding). Obtain detailed quotes to assess potential costs.

The Ugly

No critical issues identified

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

Rental Property Investors: Potential annual revenue of $55,320 with 99% occupancy rate Value Investors: Projected 12.8% appreciation potential in moderate scenario

Not For

No specific buyer categories to avoid identified
Demographics
Area Median Income

$78,828

Property History

Price History
Ownership Timeline
$825,979Cash Purchase
Feb 8, 2021
Randall Aiu, Elizabeth D AiuGeorge Miller, Deborah Miller
Warranty Deed
Standard Sale (Purchase/Resales)
$659,562Financed
Aug 5, 2020
Standard Pacific Of FloridaRandall Aiu, Elizabeth D Aiu
Special Warranty Deed
New Construction Residential Transactions

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

Data provided by Shadowmap

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Schools

Nearby school quality by education level

Elementary

8.5/10
Excellent

High

6.0/10
Good

Financials

Monthly Costs
Market Rent (4 bed)

$1,890

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Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$1,130,000
Price/sqft
$347
Layout
4 bd5 ba
0

Stats in the Area

Based on 4 comparable properties nearby

Average Price

$1,311,250

13.8%

Your price is 13.8% below average

Median Price

$1,350,000

16.3%

Based on 4 recent sales

Price per Sq.Ft

$382

9.0%

Your price is 9.0% below average $/sqft

Comparable Properties

8867 Grand Prix Lane, Boynton Beach, FL 33472
Price: $1,265,000
Sq.Ft: 3,252
Beds/Baths: 4/5
$/Sq.Ft:
$38911.9%
Sale Date: 2/11/2025
8379 Grand Prix Lane, Boynton Beach, FL 33472
Price: $1,130,000
Sq.Ft: 3,252
Beds/Baths: 4/5
$/Sq.Ft:
$3470.0%
Sale Date: 1/20/2025
9026 Three Rail Drive, Boynton Beach, FL 33472
Price: $1,350,000
Sq.Ft: 3,518
Beds/Baths: 5/4
$/Sq.Ft:
$38410.4%
Sale Date: 10/19/2024
9354 Equus Circle, Boynton Beach, FL 33472
Price: $1,500,000
Sq.Ft: 3,694
Beds/Baths: 4/4
$/Sq.Ft:
$40616.9%
Sale Date: 10/17/2024

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