| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 67th | Good |
| Demographics | 56th | Fair |
| Amenities | 27th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 8440 S Military Trl, Boynton Beach, FL, 33436, US |
| Region / Metro | Boynton Beach |
| Year of Construction | 2007 |
| Units | 121 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
8440 S Military Trl Boynton Beach Multifamily Investment
Positioned in an inner-suburb of Palm Beach County, the neighborhood shows competitive occupancy versus metro peers and sustained renter demand, according to WDSuite’s CRE market data. With 2007 construction and scale, the asset can target stable operations while monitoring pricing power as the area’s renter base deepens.
This Boynton Beach location sits within the West Palm Beach–Boca Raton–Boynton Beach metro and functions as an inner-suburb with suburban conveniences. Restaurants are relatively accessible (stronger density than many areas nationally), while daily services like groceries and parks skew more car-oriented. Childcare availability trends well above national norms—helpful for family-oriented renter households.
Rents in the surrounding neighborhood benchmark high on a national basis, and neighborhood occupancy ranks competitive among 319 metro neighborhoods—supportive of lease-up and renewal prospects in typical cycles. Home values are elevated for the region, which reinforces reliance on multifamily rentals and can aid retention and pricing discipline for well-managed assets.
Vintage matters: the property’s 2007 construction is newer than the neighborhood’s average stock from the late 1980s. That positioning can be advantageous versus older comparables, while prudent capital planning should account for mid-life system updates and selective modernization to sustain competitiveness.
Within a 3-mile radius, population and household counts have been growing and are projected to continue increasing, indicating a larger tenant base over time. The area’s renter-occupied share is roughly one-quarter of housing units, which supports consistent demand for multifamily while still competing with ownership options. Median rents and incomes in the 3-mile area suggest manageable rent-to-income dynamics, which can support occupancy stability and renewal capture.
Neighborhood safety trends are favorable in comparative terms. Crime benchmarks above the U.S. average (higher national safety percentiles), and the area performs above the metro average based on its rank relative to 319 neighborhoods in the West Palm Beach–Boca Raton–Boynton Beach region. Recent year-over-year estimates also indicate declining property and violent incidents, pointing to a stable backdrop for resident retention.
Proximity to regional headquarters and major corporate offices supports a diverse employment base and commuter convenience for renters, including roles in retail corporate, financial services, food distribution, healthcare administration, and energy.
- Office Depot — retail corporate (10.2 miles) — HQ
- Siegel Financial Group - Northwestern Mutual — financial services (11.6 miles)
- Sysco Southeast Florida — food distribution (15.0 miles)
- Tenet Healthcare Corporation, Florida Region — healthcare administration (19.8 miles)
- NextEra Energy — energy (21.5 miles) — HQ
A 121-unit, 2007 vintage multifamily asset in an inner-suburban Boynton Beach location benefits from competitive neighborhood occupancy, elevated home values that sustain renter reliance on multifamily housing, and ongoing population and household growth within a 3-mile radius. According to CRE market data from WDSuite, neighborhood rent levels benchmark high nationally while safety indicators trend better than U.S. averages—factors that can underpin renewal rates and support disciplined rent strategies.
The 2007 vintage is newer than much of the surrounding stock, offering relative positioning against older comparables, with value-add potential via targeted updates as systems age. The local renter concentration is meaningful though not dominant, suggesting solid depth of demand with some competition from ownership; prudent asset management can focus on retention, service quality, and unit differentiation to capture pricing without elevating turnover risk.
- Competitive neighborhood occupancy vs. metro peers supports leasing stability.
- 2007 construction offers an edge over older stock, with targeted modernization upside.
- Elevated home values reinforce renter dependence on multifamily, aiding retention and pricing power.
- Expanding 3-mile population and households point to a growing tenant base.
- Risks: car-oriented amenities and mid-life building systems may require capex and focused leasing strategy.