Tropic Palms is a nice area in Delray Beach, FL. with close proximity to downtown Delray Beach, Boca Raton, and the beach (Linton Blvd or Spanish River Blvd bridge access).
How safe is the area? That is a tough question, and not one that I can put a number on. I would say "safe". Check with the city of Delray Beach for crime rates, etc.
This is an area with single family homes, not gated, no HOA fees, and is a great place to purchase a house. It is in East Delray beach- East of I-95, and is close to everything.
This is an up and coming area, and prices have been rising in the Tropic Palms area over the last two years. The inventory for homes for sale and rent is limited, and if you are looking to buy a single family home, with low overhead, it is one of the best options around.
Mizner Residential Realty LLC
When priced right, everything sells and everything rents with no problem.
If it is a "red zone", the common sense should tell you, that you may not be very successful with a short term/ vacation rental, but will have to look for a long term tenant.
I hope there are realtors in your Florida family to help you check the background and the credit worthiness of your prospective tenant.
Good luck with your investment.
PRAG Realtors, Inc
Delray Beach is a beautiful area. It's great for investing. Crimes occasionally happen in every city. If you're concerned about crime in a specific area of Delray Beach you should contact the local sheriffs office for more information.
Please let me know if I can be of further service.