3900 SE County Line Rd Unit 24d · Tequesta, FL 33469

$325,000

2 bd · 2.5 ba · 1,325 sqft · Condo public records · 16 Days on market

Built 1979 $500/mo HOA · 15% of rent

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Why this score? — see what drove the D 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 +13.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.5/10.0
• Schools +4.3/10.0
• DSCR +3.9/10.0
• Rent growth +3.5/5.0
• Livability +3.1/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

GORGEOUS REMODELED UNIT WITH NEW KITCHEN, GRANITE COUNTERS, NEW MASTER BATH AND DOWNSTAIRS BATH, NEWER ROOF, HURRICANE SHUTTERS,TILE FLOORS THROUGHOUT DOWNSTAIRS. IMMACULATELY KEPT!! NOT A SHORT SALE!! DONT MISS THIS ONE, A MUST SEE!

Key facts

• Two story design
• $500 HOA
• 2 parking spots

Tags

• TWO STORY DESIGN

Property features AI

Finance

• Financial info: Pets allowed (cats and dogs OK, breed restrictions, number limits)
• HOA & community: Monthly HOA fee of $500; HOA includes cable TV and common area maintenance; Association provides other amenities

Exterior

• Parking: Assigned parking; Asphalt parking surface; 2 parking spaces
• Utilities: Public water; Public sewer; 100 Amp electric service; Cable, electricity, and sewer connected
• Home design: Condominium; Two levels; Facing northwest; City street frontage; Resale condition
• Construction: Built with concrete and concrete block with stucco; Block foundation; Flat and mansard roof
• Exterior features: Full wood fencing with gate

Interior

• Kitchen: Disposal; Dishwasher; Microwave; Refrigerator; Electric cooktop
• Bedrooms: No main-level bedrooms
• Flooring: Carpet; Ceramic tile
• Bathrooms: 2 full bathrooms and 1 half bathroom (3 total); 1 bathroom on the main level
• Heating & cooling: Central heating (electric, heat strip); Central air conditioning; Ceiling fans
• Interior features: Kitchen island; Walk-in closets
• Laundry & utility: Laundry closet

What this means for you Summary

Snapshot

• This is a 2-bed/2.5-bath condo listed at $325k.

Deal economics

• At list price, monthly cash flow is $-17 ($-199/yr) — negative.
• To cash-flow at today's rent, offer at most $322k (0.9% below list).
• Meets the 1% rule at list price ($3k rent vs $325k).
• Recommended offer: $320k (1.5% below list) — sets the bar for market timing.
• Cap rate 6.2% vs local median 2.5% in Tequesta — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 62/100 on livability (#764 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: Jupiter Elementary School (math 53% / reading 47%, grade D+, #1,070 of 2,144 statewide, top 51%, 832 students, 69% FRL); Jupiter Middle School (math 62% / reading 63%, grade B+, #116 of 571 statewide, top 21%, 1,384 students, 38% FRL); Jupiter High School (math 56% / reading 64%, grade C+, #106 of 667 statewide, top 16%, 3,087 students, 28% FRL).
• Market conditions: Rents rising (+3.9%/yr); 210 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 3,974 units permitted in Palm Beach County in 2024 (1,012 in 5+ unit buildings).
• This rent runs 38% of the median local income ($106k/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 $2k of loan paydown is wiped out by about $10k 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 16 days — a 2% lower offer ($320k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 22y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $118k; list at $325k implies a 175% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $320,125 (1.5% 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. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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 apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.05% ✓
• Cap rate: 6.23%
• Cash-on-cash: -0.22%
• DSCR: 0.99
• GRM: 8.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.88% rent growth · sell at horizon

5-year hold

• IRR: -15.4%
• Equity multiple: 0.45×
• Total profit: $-50,354
• Equity at exit: $48,459

10-year hold

• IRR: -5.0%
• Equity multiple: 0.66×
• Total profit: $-31,192
• Equity at exit: $28,100

Cash invested: $91,000 (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 33469

• Home prices YoY: -30.4%
• Rents YoY: 3.9%
• Active inventory: 210
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $3,396 high
• Mortgage (P&I): −$1,704
• Tax from tax record: −$360 /mo · $4,319/yr
• Insurance: −$135
• HOA: −$500
• Vacancy / Maint / Mgmt: −$713
• Net cashflow: $-17

Break-even live

Break-even rent $3,417

Max offer price $322,077

Occupancy floor 95%

Sensitivity live

Price	-10% $167	-5% $75	+0% $-17	+5% $-109	+10% $-201
Rent	-10% $-285	-5% $-151	+0% $-17	+5% $118	+10% $252
Rate	-1.0pp $147	-0.5pp $66	base $-17	+0.5pp $-101	+1.0pp $-186

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: $81,250
• Closing costs: $9,750
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3900 County Line Rd Unit 12C Jupiter, FL	2.0	2.5	1325	$2,500	$1.89	13d	1	0.03mi
3900 County Line Rd Unit 22A Jupiter, FL	2.0	2.5	1325	$3,950	$2.98	1d	1	0.03mi
3770 County Line Rd Tequesta, FL	3.0–4.0	2.5–3.0	1947	$4,450	$2.29	26d	2	0.16mi
3770 County Line Rd Tequesta, FL	3.0–4.0	2.5–3.0	1965	$4,500	$2.29	3d	2	0.16mi
284 Village Blvd #9112 Tequesta, FL	3.0	2.0	1374	$3,200	$2.33	7d	1	0.39mi
284 Village Blvd Tequesta, FL	2.0–3.0	2.0	1182	$3,100	$2.62	13d	2	0.39mi
284 Village Blvd Tequesta, FL	1.0–3.0	1.0–2.0	1087	$2,600	$2.39	12d	2	0.39mi
284 Village Blvd Tequesta, FL	1.0–3.0	1.0–2.0	1087	$2,600	$2.39	26d	3	0.39mi
300 Intracoastal Pl #101 Jupiter, FL	2.0	2.0	1287	$3,200	$2.49	12d	1	0.42mi
300 Intracoastal Pl Jupiter, FL	2.0	2.0	1234	$3,100	$2.51	0d	2	0.42mi
200 Intracoastal Pl Jupiter, FL	2.0	2.0	1227	$4,750	$3.87	19d	2	0.42mi
242 Village Blvd #2304 Tequesta, FL	2.0	2.0	991	$3,800	$3.83	26d	1	0.44mi
152 Village Blvd Unit H Tequesta, FL	3.0	2.0	1417	$3,150	$2.22	5d	1	0.45mi
272 Village Blvd #7305 Tequesta, FL	2.0	2.0	991	$2,200	$2.22	7d	1	0.46mi
266 Village Blvd Tequesta, FL	2.0–3.0	2.0	1287	$2,350	$1.83	26d	2	0.46mi
236 Village Blvd Tequesta, FL	3.0	2.0	1152	$2,700	$2.34	3d	1	0.46mi
278 Village Blvd Tequesta, FL	2.0	2.0	1200	$2,150	$1.79	26d	2	0.46mi
278 Village Blvd Tequesta, FL	2.0	2.0	1200	$2,200	$1.83	24d	1	0.46mi
242 Village Blvd Tequesta, FL	2.0	2.0	991	$3,150	$3.18	22d	2	0.46mi
52 Birch Pl Jupiter, FL	3.0	2.0	1766	$6,500	$3.68	5d	1	0.46mi
19800 Sandpointe Bay Dr Tequesta, FL	2.0–3.0	2.5	1857	$7,500	$4.04	0d	2	0.48mi
266 Village Blvd #6102 Tequesta, FL	3.0	2.0	1374	$3,000	$2.18	4d	1	0.49mi
158 Village Blvd Unit D Tequesta, FL	3.0	2.5	1776	$2,900	$1.63	1d	1	0.52mi
254 Village Blvd #4306 Tequesta, FL	2.0	2.0	991	$3,000	$3.03	26d	1	0.54mi
19165 SE Homewood Ave Jupiter, FL	3.0	2.0	1553	$7,500	$4.83	25d	1	0.56mi
424 N Cypress Dr Unit A Jupiter, FL	2.0	2.0	1176	$2,500	$2.13	26d	1	0.57mi
11 Westwood Ave Unit 103A Jupiter, FL	2.0	2.0	886	$2,350	$2.65	26d	1	0.65mi
58 Tall Oaks Cir Jupiter, FL	3.0	2.5	1298	$3,900	$3.00	26d	1	0.68mi
4 Westwood Ave Unit 204 Jupiter, FL	2.0	2.0	980	$2,200	$2.24	1d	1	0.68mi
104 Lighthouse Cir Unit H-2 Tequesta, FL	3.0	2.0	1356	$2,600	$1.92	26d	1	0.68mi
413 N Cypress Dr Jupiter, FL	2.0	1.5	1024	$2,450	$2.39	22d	1	0.68mi
3 Oakland Ct Jupiter, FL	3.0	2.5	1298	$4,800	$3.70	26d	1	0.70mi
6 Garden St Unit 204P Jupiter, FL	2.0	2.0	886	$2,400	$2.71	26d	1	0.70mi
106 Lighthouse Cir Unit G Jupiter, FL	3.0	2.5	1684	$2,500	$1.48	26d	1	0.71mi
114 Lighthouse Cir Unit J Jupiter, FL	2.0	2.0	981	$2,350	$2.40	26d	1	0.73mi
19928 Jasmine Dr Jupiter, FL	3.0	2.0	1289	$4,990	$3.87	1d	1	0.73mi
405 N Cypress Dr #3 Jupiter, FL	2.0	1.5	960	$1,950	$2.03	16d	1	0.75mi
112 Lighthouse Cir Unit G Jupiter, FL	3.0	2.5	1776	$3,500	$1.97	26d	1	0.76mi
359 Beacon St Unit Na Jupiter, FL	2.0	2.0	1470	$4,700	$3.20	5d	1	0.82mi
359 Beacon St Jupiter, FL	2.0	2.0	1386	$4,500	$3.25	24d	1	0.82mi

HOA detail condo

• Monthly dues: $500 · $6,000/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 10 events

1. 2026-06-21
   days on market $325,000 Active 16 DOM
2. 2026-06-18
   days on market $325,000 Active 13 DOM
3. 2026-06-17
   days on market $325,000 Active 12 DOM
4. 2026-06-16
   days on market $325,000 Active 11 DOM
5. 2026-06-15
   days on market $325,000 Active 10 DOM
6. 2026-06-13
   days on market $325,000 Active 8 DOM
7. 2026-06-09
   days on market $325,000 Active 4 DOM
8. 2026-06-08
   days on market $325,000 Active 3 DOM
9. 2026-06-07
   remarks 642-char remark
10. 2026-06-07
    listed $325,000 Active 2 DOM

ⓘ 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: $4,319 · $360/mo
• Projected year-2 tax: $4,319 · $360/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 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥106°F today · 24 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 · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $40,756
• − Mortgage interest: −$18,205
• − Property taxes: −$4,319
• − Insurance: −$1,625
• − Repairs & maintenance: −$3,260
• − Management: −$3,260
• − HOA: −$6,000
• − Depreciation: −$9,455
• Taxable loss: −$5,368
• Est. tax savings @ 24.0%: +$1,288
• After-tax cash flow: $1,090/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 — Tequesta

• Score: 62/100
• State rank: #764
• US rank: #16907

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Martin County · 165,223 people
• City population: 14,686
• Metro: Port St. Lucie, FL
• Population (ZIP): 14,686
• Household income: $106,265
• Rent vs Own: 13.4% rent · 86.6% own
• Severe rent burden: 404.0

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 (87%)
• Race & ethnicity: White 87% Hispanic / Latino 9% Two or more races 7% Asian 1%
• Hispanic origin (detail): Puerto Rican 2% Cuban 3%
• Common ancestry: Lithuanian 6% Slovak 4% Romanian 3%
• Foreign-born: 7% · Canada, China
• Languages at home: 90% English-only · Spanish 5% Other Indo-European 3% Russian/Polish/Slavic 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: ▼ -183.36%
• Current HPI: 419.948
• Rent YoY: ▲ 3.88%
• Metro: Port St. Lucie, 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

+478.3% since first listed

13 events — show timeline

• 2026-06-03 Listed $325,000 Beaches MLS
• 2012-09-24 Sold (Public Records) $118,000 Public Records
• 2012-08-31 Sold (MLS) $118,000 Beaches MLS
• 2012-06-11 Listing Removed — Beaches MLS
• 2012-05-26 Listed $124,900 Beaches MLS
• 2011-12-31 Listing Removed — Beaches MLS
• 2010-06-17 Listed $149,900 Beaches MLS
• 2004-07-20 Sold (Public Records) $155,000 Public Records
• 2004-07-07 Sold (MLS) $155,000 Beaches MLS
• 2004-05-28 Listing Removed — Beaches MLS
• 2004-04-21 Listed $159,900 Beaches MLS
• 1988-10-12 Sold (Public Records) $63,400 Public Records
• 1988-05-27 Sold (Public Records) $56,200 Public Records

Property tax history

+10.0%/yr

Latest (2025): $4,319 · +3.8% YoY. Source: county tax records.