8538 Water Cay
West Palm Beach, FL 33411
3 bd 2 ba 1,429 sqft Built 2003 Lot 3,037 sqft townhomes
Most recent sale
$440,000
Jun 10, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 10, 2022 | Sold | $440,000 | MLS #RX-10757974 |
| Apr 28, 2022 | Relisted | $429,000 | MLS #RX-10757974 |
| Mar 15, 2022 | Listed | $399,000 | MLS #RX-10757974 |
| Dec 11, 2021 | Price changed for rent | $3,000 | BeachesMLS |
| Nov 3, 2021 | Listed for rent | $4,000 | BeachesMLS |
| Sep 14, 2021 | Listed for rent | $3,500 | BeachesMLS |
| Feb 11, 2021 | Price changed for rent | $3,000 | BeachesMLS |
| Jan 27, 2021 | Listed for rent | $2,500 | BeachesMLS |
| Oct 6, 2020 | Sold | $265,000 | MLS #RX-10652043 |
| Sep 3, 2020 | Listed | $275,000 | MLS #RX-10652043 |
| Oct 6, 2003 | Sold | $189,613 | Public Record |
| May 30, 2000 | Sold | $3,344,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $347,131 | — | $347,131 | $6,743 |
| 2023 | $335,121 | — | $335,121 | $7,290 |
| 2021 | $215,097 | — | $215,097 | $4,104 |
| 2020 | — | — | $136,719 | $2,407 |
| 2019 | — | — | $133,645 | $2,380 |
| 2018 | — | — | $131,153 | $2,561 |
| 2017 | — | — | $128,455 | $2,515 |
| 2016 | — | — | $125,813 | $2,499 |
| 2015 | — | — | $124,862 | $2,538 |
| 2014 | — | — | $123,871 | $2,537 |
| 2013 | — | — | $122,040 | $2,499 |
| 2012 | — | — | $120,000 | $2,475 |
| 2011 | — | — | $126,000 | $2,647 |
| 2010 | — | — | $128,000 | $2,706 |
| 2009 | — | — | $145,000 | $3,023 |
Property facts
Year built
2003
Property type
townhomes
Stories
1
Beds
3
Baths
2
Living area
1,429 sqft
Lot size
3,037 sqft
ZIP code
33411
City
West Palm Beach
Street
Water Cay
Coordinates
26.71015, -80.17757
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,644
Gross rental yield
7.21%
Implied cap rate
4.69%
Trend-extrapolated value
—
Frequently asked questions
When did 8538 Water Cay last sell?
8538 Water Cay most recently sold on Jun 10, 2022 for $440,000.
What is the current tax assessment for 8538 Water Cay?
The most recent total assessment for 8538 Water Cay (year 2025) is $347,131 with $6,743 in property tax.
How does 8538 Water Cay's assessment compare to its last sale price?
The current assessment is 21.1% below the last sale price of $440,000.
When was 8538 Water Cay built?
8538 Water Cay was built in 2003.
How does 8538 Water Cay compare to others on Water Cay?
We track 6 other properties on Water Cay. Browse the list under "Other properties on Water Cay" to compare beds, baths, and sale history.
What are the property facts for 8538 Water Cay?
8538 Water Cay is a 3 bed, 2 bath, 1,429 sqft, 3,037 sqft lot townhomes.
Is 8538 Water Cay a flip candidate?
Yes — 8538 Water Cay appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 8538 Water Cay a tax-appeal candidate?
No — 8538 Water Cay is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.0%
Implied 1-yr
+12.1%
2026 Q3
$749.3K
2026 Q4
$768.2K
ZIP 33411 — Median Price History + Forecast
Explore nearby
Geography
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