13587 N 77th Pl N · The Acreage, FL 33412

$475,000

3 bd · 3.5 ba · 2,078 sqft · SingleFamily public records · 63 Days on market

Built 1994 1.29 ac lot

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Why this score? — see what drove the F grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +7.9/30.0
• ARV discount +7.5/15.0
• Schools +4.3/10.0
• 1% rule +3.6/10.0
• Rent growth +3.5/5.0
• Livability +3.4/5.0
• Condition / age +2.5/5.0
• DSCR +2.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Newly remodeled 3 bed, 2.5 bath, 2 car garage home nestled on 1.29 acres of land. This home also features a detached 3 car garage that can easily be renovated into a income producing rental unit or mother-in-law suite-currently has a bathroom. Main house: Beautifully upgraded kitchen with granite countertops, stainless steel appliances and custom cabinetry. Wainscoting in Family Room off of kitchen for an added touch. French doors lead out to a spacious Florida Room with large windows overlooking the backyard and canal. Stained wood beamed ceilings adorn many rooms to add character to this already wonderful home. Fully renovated spare bath with new mocha vanity, fixtures and tile inlay in shower. New 18'' tile throughout. New A/C & water system. Plenty of room for a boat or RV. A Must see!

Key facts

• Private lot
• Tile floors
• Ss appliances

Tags

• PRIVATE LOT
• BACK PATIO
• SS APPLIANCES
• TILE FLOORS
• UPDATED BATHROOMS
• INSIDE LAUNDRY ROOM

Property features AI

Finance

• Other: Property has a view; Zoned AR; One to two acre lot (approximately 56,192 sq ft); Horses allowed
• Financial info: No pet restrictions (pets allowed)

Exterior

• Parking: Detached garage with 2 covered spaces; Driveway; RV access/parking; Unpaved parking areas; Garage door opener
• Security: Smoke detectors
• Utilities: Well water; Septic tank
• Home design: Single-story home; Resale property; Faces south
• Construction: Wood siding construction; Shingle roof
• Exterior features: Patio; Room for a pool; Shed; Outdoor lighting; Storm/security shutters

Interior

• Kitchen: Dishwasher; Electric range; Microwave; Self-cleaning oven; Refrigerator; Disposal; Electric water heater
• Bedrooms: Bedroom 2 (10 x 14); Bedroom 3 (10 x 14)
• Flooring: Tile
• Bathrooms: 3 full bathrooms; 1 half bathroom
• Heating & cooling: Central heating; Central air conditioning; Ceiling fans
• Interior features: Blinds on windows; Unfurnished; Dining area and separate/formal dining room; Entrance foyer; First-floor entry; Dual sinks; Walk-in closets; Bedroom on main level
• Laundry & utility: Washer hookup; Dryer hookup; Laundry tub; Utility room (5 x 8)

What this means for you Summary

Snapshot

• This is a 3-bed/3.5-bath single-family listed at $475k.

Deal economics

• At list price, monthly cash flow is $-507 ($-6k/yr) — negative.
• To cash-flow at today's rent, offer at most $386k (18.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $407k (14.4% below list).
• Recommended offer: $386k (18.8% below list) — sets the bar for cash-flow.

Location & tenants

• Location reads 67/100 on livability (#550 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F, cost of living F.
• Palm Beach (suburban): math 46% / reading 53% proficiency, ranked #34 of 73 in FL (top 47%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Acreage Pines Elementary School (math 53% / reading 60%, grade C+, #816 of 2,144 statewide, top 39%, 547 students, 36% FRL); Western Pines Community Middle (math 66% / reading 64%, grade A-, #99 of 571 statewide, top 17%, 991 students, 42% FRL); Seminole Ridge Community High School (math 36% / reading 56%, grade D-, #220 of 667 statewide, top 33%, 2,262 students, 36% FRL).
• Market conditions: Rents rising (+3.9%/yr); 392 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 20d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 3,974 units permitted in Palm Beach County in 2024 (1,012 in 5+ unit buildings).
• This rent runs 37% of the median local income ($130k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $14k of value loss. Plan a longer hold.
• Palm Beach County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 63 days — a 6% lower offer ($446k) is reasonable based on typical stale-listing flexibility.
• 9 sale attempts since 23y ago; this cycle's ask has dropped $100k (17%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $280k; list at $475k implies a 70% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 2.6% of price.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $385,512 (18.8% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 63 days. Have you received any prior offers? Is the seller open to a 19% concession, seller financing, or rate buy-down credit?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.86% ✗
• Cap rate: 5.01%
• Cash-on-cash: -4.57%
• DSCR: 0.80
• GRM: 9.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.85% rent growth · sell at horizon

5-year hold

• IRR: -22.9%
• Equity multiple: 0.21×
• Total profit: $-105,399
• Equity at exit: $70,824

10-year hold

• IRR: -14.8%
• Equity multiple: 0.12×
• Total profit: $-117,347
• Equity at exit: $41,069

Cash invested: $133,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 33412

• Home prices YoY: -18.2%
• Rents YoY: 3.9%
• Active inventory: 392
• Price-to-rent: 9.7×

Monthly cashflow live

• Estimated rent: $4,066 medium
• Mortgage (P&I): −$2,491
• Tax from tax record: −$1,030 /mo · $12,355/yr
• Insurance: −$198
• HOA: −$0
• Vacancy / Maint / Mgmt: −$854
• Net cashflow: $-507

Break-even live

Break-even rent $4,707

Max offer price $385,512

Occupancy floor —

Sensitivity live

Price	-10% $-238	-5% $-372	+0% $-507	+5% $-641	+10% $-775
Rent	-10% $-828	-5% $-667	+0% $-507	+5% $-346	+10% $-185
Rate	-1.0pp $-267	-0.5pp $-386	base $-507	+0.5pp $-630	+1.0pp $-755

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $118,750
• Closing costs: $14,250
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
13253 75th Ln N West Palm Beach, FL	3.0	2.0	1957	$4,700	$2.40	19d	1	0.38mi
13548 74th St N West Palm Beach, FL	3.0	2.0	1498	$1,500	$1.00	1d	1	0.44mi
12564 68th St N West Palm Beach, FL	3.0	2.0	1900	$3,800	$2.00	26d	1	1.36mi
13875 63rd Ln N West Palm Beach, FL	4.0	3.0	2160	$4,200	$1.94	16d	1	1.45mi

Listing history 33 events

1. 2026-06-04
   status $475,000 Pending 63 DOM
2. 2026-06-03
   days on market $475,000 Active 63 DOM
3. 2026-06-02
   days on market $475,000 Active 62 DOM
4. 2026-06-01
   days on market $475,000 Active 61 DOM
5. 2026-05-31
   days on market $475,000 Active 60 DOM
6. 2026-05-02
   price $525,000
7. 2026-04-01
   listed $574,900 Active
8. 2015-10-14
   soldstatus $280,000
9. 2015-10-05
   soldstatus $280,000 Closed 806-char remark

   Show marketing remark (806 chars)

   Newly remodeled 3 bed, 2.5 bath, 2 car garage home nestled on 1.29 acres of land. This home also features a detached 3 car garage that can easily be renovated into a income producing rental unit or mother-in-law suite-currently has a bathroom. Main house: Beautifully upgraded kitchen with granite countertops, stainless steel appliances and custom cabinetry. Wainscoting in Family Room off of kitchen for an added touch. French doors lead out to a spacious Florida Room with large windows overlooking the backyard and canal. Stained wood beamed ceilings adorn many rooms to add character to this already wonderful home. Fully renovated spare bath with new mocha vanity, fixtures and tile inlay in shower. New 18'' tile throughout. New A/C & water system. Plenty of room for a boat or RV. A Must see!

10. 2015-09-09
    historical Contingent 806-char remark

    Show marketing remark (806 chars)

    Newly remodeled 3 bed, 2.5 bath, 2 car garage home nestled on 1.29 acres of land. This home also features a detached 3 car garage that can easily be renovated into a income producing rental unit or mother-in-law suite-currently has a bathroom. Main house: Beautifully upgraded kitchen with granite countertops, stainless steel appliances and custom cabinetry. Wainscoting in Family Room off of kitchen for an added touch. French doors lead out to a spacious Florida Room with large windows overlooking the backyard and canal. Stained wood beamed ceilings adorn many rooms to add character to this already wonderful home. Fully renovated spare bath with new mocha vanity, fixtures and tile inlay in shower. New 18'' tile throughout. New A/C & water system. Plenty of room for a boat or RV. A Must see!

11. 2015-09-02
    listed $289,000 Active 806-char remark

    Show marketing remark (806 chars)

    Newly remodeled 3 bed, 2.5 bath, 2 car garage home nestled on 1.29 acres of land. This home also features a detached 3 car garage that can easily be renovated into a income producing rental unit or mother-in-law suite-currently has a bathroom. Main house: Beautifully upgraded kitchen with granite countertops, stainless steel appliances and custom cabinetry. Wainscoting in Family Room off of kitchen for an added touch. French doors lead out to a spacious Florida Room with large windows overlooking the backyard and canal. Stained wood beamed ceilings adorn many rooms to add character to this already wonderful home. Fully renovated spare bath with new mocha vanity, fixtures and tile inlay in shower. New 18'' tile throughout. New A/C & water system. Plenty of room for a boat or RV. A Must see!

12. 2015-09-01
    historical
13. 2015-08-28
    price $289,000
14. 2015-08-14
    listed $299,000 Active
15. 2015-08-13
    historical
16. 2015-07-30
    price $309,000
17. 2015-07-17
    listed $319,000 Active
18. 2014-04-26
    soldstatus $143,000 Closed
19. 2014-02-18
    historical Contingent
20. 2014-01-31
    price $150,000 Active
21. 2014-01-31
    status Active
22. 2013-12-01
    status Contingent
23. 2013-12-01
    historical
24. 2013-08-26
    historical Contingent
25. 2013-08-07
    status Active
26. 2013-08-06
    price $100,000
27. 2013-07-24
    price $130,000
28. 2012-07-30
    listed Contingent
29. 2003-10-28
    soldstatus $238,000
30. 2003-10-23
    soldstatus $238,000
31. 2003-10-20
    historical
32. 2003-05-29
    listed $252,900
33. 1993-03-03
    soldstatus $65,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $12,355 · $1,030/mo
• Projected year-2 tax: $12,355 · $1,030/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥107°F today · 25 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $48,789
• − Mortgage interest: −$26,607
• − Property taxes: −$12,355
• − Insurance: −$2,375
• − Repairs & maintenance: −$3,903
• − Management: −$3,903
• − Depreciation: −$13,818
• Taxable loss: −$14,174
• Est. tax savings @ 24.0%: +$3,402
• After-tax cash flow: $-2,677/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Palm Beach
• NCES district ID: 1201500
• Math proficiency: 46% ▼ -16.00%
• Reading proficiency: 53% ▼ -4.00%
• Median HH income: $53,943
• Composite: 42.72/100
• National rank: #3160
• State rank: #34 of 73 in FL

Livability — The Acreage

• Score: 67/100
• State rank: #550
• US rank: #10381

Category grades

Amenities F Commute F Cost of living F Crime A+ Employment A+ Housing A+ Health & safety D- User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: The Acreage, FL
• County: Palm Beach County · 1,438,312 people
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 15,859
• Household income: $130,225
• Rent vs Own: 14.3% rent · 85.7% own
• Severe rent burden: 81.0

Population outlook (Palm Beach County) Hauer SSP2

• Today (2025): 1,637,487 people
• By 2030: 1,743,255 · +6.5%
• By 2040: 1,948,712 · +19.0%
• By 2050: 2,132,979 · +30.3%
• By 2075: 2,530,027 · +54.5%
• By 2100: 2,706,979 · +65.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (72%)
• Race & ethnicity: White 72% Black 11% Hispanic / Latino 11% Two or more races 8% Asian 3%
• Hispanic origin (detail): Puerto Rican 4% Cuban 2%
• Common ancestry: Romanian 5% Lithuanian 4% German 2%
• Foreign-born: 16% · Canada, Jamaica, China
• Languages at home: 84% English-only · Spanish 5% French/Haitian/Cajun 5% Other Indo-European 1%

Political lean MEDSL · Palm Beach

• 2024 margin: Toss-up / Even · D 50.0% · R 49.2%
• 2008→2024 swing: -22.1pp toward R · 2008: 22.9pp · 2024: 0.8pp
• All cycles: 2024: D+0.8 2020: D+12.8 2016: D+15.3 2012: D+17.0 2008: D+22.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -79.82%
• Current HPI: 358.0854
• Rent YoY: ▲ 3.85%
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+707.7% since first listed

28 events — show timeline

• 2026-05-02 Price Changed $525,000 MARMLS
• 2026-04-01 Listed $574,900 MARMLS
• 2015-10-14 Sold (Public Records) $280,000 Public Records
• 2015-10-05 Sold (MLS) $280,000 Beaches MLS
• 2015-09-09 Contingent — Beaches MLS
• 2015-09-02 Listed $289,000 Beaches MLS
• 2015-09-01 Listing Removed — Beaches MLS
• 2015-08-28 Price Changed $289,000 Beaches MLS
• 2015-08-14 Listed $299,000 Beaches MLS
• 2015-08-13 Listing Removed — Beaches MLS
• 2015-07-30 Price Changed $309,000 Beaches MLS
• 2015-07-17 Listed $319,000 Beaches MLS
• 2014-04-26 Sold (MLS) $143,000 Beaches MLS
• 2014-02-18 Contingent — Beaches MLS
• 2014-01-31 Relisted — Beaches MLS
• 2014-01-31 Price Changed $150,000 Beaches MLS
• 2013-12-01 Relisted — Beaches MLS
• 2013-12-01 Listing Removed — Beaches MLS
• 2013-08-26 Contingent — Beaches MLS
• 2013-08-07 Relisted — Beaches MLS
• 2013-08-06 Price Changed $100,000 Beaches MLS
• 2013-07-24 Price Changed $130,000 Beaches MLS
• 2012-07-30 Listed — Beaches MLS
• 2003-10-28 Sold (Public Records) $238,000 Public Records
• 2003-10-23 Sold (MLS) $238,000 Beaches MLS
• 2003-10-20 Listing Removed — Beaches MLS
• 2003-05-29 Listed $252,900 Beaches MLS
• 1993-03-03 Sold (Public Records) $65,000 Public Records

Property tax history

+5.4%/yr

Latest (2025): $12,355 · +5.9% YoY. Source: county tax records.