13619 57th Pl N · The Acreage, FL 33411

$580,000

3 bd · 2.0 ba · 1,305 sqft · SingleFamily public records · 31 Days on market

Built 1987

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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).

• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• Cash flow +6.9/30.0
• Schools +4.3/10.0
• Livability +3.4/5.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• 1% rule +2.1/10.0
• DSCR +1.1/10.0

Listing remarks MLS

NO HOA! This adorable one-story home is situated on an oversized private 1.31 acre lot with a detached 2 car garage/workshop 25 x 23, circular driveway and a separate shed. The highly functional kitchen features tiled backsplash, high hat lighting, breakfast nook and French doors that lead to the screen enclosed patio. Ideal floorplan for entertaining. New neutral vinyl scratch resistant flooring, crown molding, updated bathrooms and an abundance of natural light complete this spectacular home. Enjoy your own tropical paradise with a screen enclosed patio, above ground pool, shade pavilion, shed, pond, canal and a large private fully fenced in yard. Located close to shopping, dining, entertainment, A rated schools and major highways.

Key facts

• 2 garage spots
• Built 1987
• Listed 30 days

Property features AI

Finance

• Other: Pets allowed with no restrictions

Exterior

• Parking: Attached 2-car garage (converted garage mentioned); Circular driveway; Driveway; Garage door opener; Covered parking for 2 vehicles; Total parking for 4 vehicles
• Security: Owned security system; Smoke detectors
• Utilities: Well water; Septic tank; Electricity available; Water available
• Home design: Single-family residence; One story; Resale property; Faces south
• Construction: Frame and stucco construction; Composition/shingle roof; Built area about 1,305 living area (public records)
• Exterior features: Screened patio and screened porch; Deck; Patio; Porch; Outbuilding / shed for storage; Fenced yard; Corner lot with many trees; Room for a pool; Shell rock road access; Waterfront

Interior

• Kitchen: Dishwasher; Electric range; Microwave; Refrigerator; Electric water heater
• Bedrooms: 3 bedrooms on the main level
• Flooring: Tile flooring; Wood flooring
• Bathrooms: 2 full bathrooms on the main level
• Heating & cooling: Central heating (heat pump); Central air; Ceiling fans; Ductless units; Heat pump; Wall/window units
• Interior features: Built-in features; Kitchen island; Walk-in closets; Bedroom layout - stacked; French doors
• Laundry & utility: Indoor laundry room with washer and electric dryer hookups

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $580k.

Deal economics

• At list price, monthly cash flow is $-877 ($-11k/yr) — negative.
• To cash-flow at today's rent, offer at most $425k (26.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $410k (29.3% below list).
• Recommended offer: $410k (29.3% below list) — sets the bar for 1% rule.

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: Golden Grove Elementary School (math 63% / reading 69%, grade B+, #492 of 2,144 statewide, top 23%, 760 students, 43% 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 flat; 574 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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).
• At $4,103/mo this rent would consume 53% of the median local household income ($93k/yr) (locally 1870% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $62k of equity ($4k loan paydown + $58k appreciation (10.0% local appreciation)).
• Palm Beach County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$100k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 31 days — a 3% lower offer ($563k) is reasonable based on typical stale-listing flexibility.
• 6 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 $500k; 16% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• 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 $410,317 (29.3% 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 31 days. Have you received any prior offers? Is the seller open to a 29% concession, seller financing, or rate buy-down credit?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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.
7. 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.
8. 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: 0.71% ✗
• Cap rate: 4.48%
• Cash-on-cash: -6.48%
• DSCR: 0.71
• GRM: 11.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

10.0% appreciation · 0.85% rent growth · sell at horizon

5-year hold

• IRR: 19.1%
• Equity multiple: 2.55×
• Total profit: $251,484
• Equity at exit: $522,510

10-year hold

• IRR: 17.3%
• Equity multiple: 5.73×
• Total profit: $768,618
• Equity at exit: $1,126,812

Cash invested: $162,400 (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 33411

• Home prices YoY: 1.9%
• Rents YoY: 0.8%
• Active inventory: 574
• Price-to-rent: 11.8×

Monthly cashflow live

• Estimated rent: $4,103 high
• Mortgage (P&I): −$3,042
• Tax from tax record: −$835 /mo · $10,020/yr
• Insurance: −$242
• HOA: −$0
• Vacancy / Maint / Mgmt: −$862
• Net cashflow: $-877

Break-even live

Break-even rent $5,213

Max offer price $425,124

Occupancy floor —

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: $145,000
• Closing costs: $17,400
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
13619 57th Pl N West Palm Beach, FL	3.0	2.0	1305	$4,800	$3.68	12d	1	0.02mi
13619 57th Pl N West Palm Beach, FL	3.0	2.0	1305	$4,800	$3.68	5d	1	0.02mi
12895 54th St N West Palm Beach, FL	2.0	1.0	1369	$2,400	$1.75	24d	1	0.85mi
12601 57th Rd N West Palm Beach, FL	3.0	2.0	1665	$3,595	$2.16	24d	1	1.06mi
13177 47th Ct N West Palm Beach, FL	4.0	3.0	1576	$4,950	$3.14	24d	1	1.13mi

Listing history 20 events

1. 2026-06-02
   days on market $580,000 Active 31 DOM
2. 2026-06-01
   days on market $580,000 Active 30 DOM
3. 2026-05-31
   days on market $580,000 Active 29 DOM
4. 2026-04-30
   listed $580,000 Active
5. 2026-04-03
   listed $4,800
6. 2026-03-24
   historical
7. 2025-08-25
   price $550,000
8. 2025-08-04
   price $570,000
9. 2025-07-02
   price $580,000
10. 2025-05-01
    price $590,000
11. 2025-04-18
    price $620,000
12. 2025-03-26
    listed $650,000 Active
13. 2022-06-27
    soldstatus $500,000
14. 2022-06-21
    soldstatus $500,000 Closed 744-char remark

    Show marketing remark (744 chars)

    NO HOA! This adorable one-story home is situated on an oversized private 1.31 acre lot with a detached 2 car garage/workshop 25 x 23, circular driveway and a separate shed. The highly functional kitchen features tiled backsplash, high hat lighting, breakfast nook and French doors that lead to the screen enclosed patio. Ideal floorplan for entertaining. New neutral vinyl scratch resistant flooring, crown molding, updated bathrooms and an abundance of natural light complete this spectacular home. Enjoy your own tropical paradise with a screen enclosed patio, above ground pool, shade pavilion, shed, pond, canal and a large private fully fenced in yard. Located close to shopping, dining, entertainment, A rated schools and major highways.

15. 2022-05-19
    status Pending 744-char remark

    Show marketing remark (744 chars)

    NO HOA! This adorable one-story home is situated on an oversized private 1.31 acre lot with a detached 2 car garage/workshop 25 x 23, circular driveway and a separate shed. The highly functional kitchen features tiled backsplash, high hat lighting, breakfast nook and French doors that lead to the screen enclosed patio. Ideal floorplan for entertaining. New neutral vinyl scratch resistant flooring, crown molding, updated bathrooms and an abundance of natural light complete this spectacular home. Enjoy your own tropical paradise with a screen enclosed patio, above ground pool, shade pavilion, shed, pond, canal and a large private fully fenced in yard. Located close to shopping, dining, entertainment, A rated schools and major highways.

16. 2022-05-12
    listed $499,900 Active 744-char remark

    Show marketing remark (744 chars)

    NO HOA! This adorable one-story home is situated on an oversized private 1.31 acre lot with a detached 2 car garage/workshop 25 x 23, circular driveway and a separate shed. The highly functional kitchen features tiled backsplash, high hat lighting, breakfast nook and French doors that lead to the screen enclosed patio. Ideal floorplan for entertaining. New neutral vinyl scratch resistant flooring, crown molding, updated bathrooms and an abundance of natural light complete this spectacular home. Enjoy your own tropical paradise with a screen enclosed patio, above ground pool, shade pavilion, shed, pond, canal and a large private fully fenced in yard. Located close to shopping, dining, entertainment, A rated schools and major highways.

17. 2005-05-19
    historical
18. 2005-04-02
    listed $339,900
19. 2004-07-23
    historical
20. 2004-07-12
    listed $269,900

ⓘ 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: $10,020 · $835/mo
• Projected year-2 tax: $10,020 · $835/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 4/10 Moderate
• 🌡 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: $49,238
• − Mortgage interest: −$32,489
• − Property taxes: −$10,020
• − Insurance: −$2,900
• − Repairs & maintenance: −$3,939
• − Management: −$3,939
• − Depreciation: −$16,873
• Taxable loss: −$20,921
• Est. tax savings @ 24.0%: +$5,021
• After-tax cash flow: $-5,499/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
• City population: 222,012
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 76,863
• Household income: $92,591
• Rent vs Own: 20.5% rent · 79.5% own
• Severe rent burden: 1870.0

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: Diverse neighborhood (Simpson 0.70)
• Race & ethnicity: White 44% Hispanic / Latino 24% Black 23% Two or more races 16% Asian 5%
• Hispanic origin (detail): Mexican 2% Puerto Rican 5% Cuban 4% Dominican 2%
• Common ancestry: Hispanic 6% Romanian 2% Italian 1%
• Foreign-born: 26% · Canada, Jamaica, China
• Languages at home: 73% English-only · Spanish 17% French/Haitian/Cajun 4% Other Indo-European 2%

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: ▲ 17.04%
• Current HPI: 903.78
• Rent YoY: ▲ 0.85%
• 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

+114.9% since first listed

17 events — show timeline

• 2026-04-30 Listed $580,000 Beaches MLS
• 2026-04-03 Listed for Rent $4,800 GFLMLS
• 2026-03-24 Listing Removed — Beaches MLS
• 2025-08-25 Price Changed $550,000 Beaches MLS
• 2025-08-04 Price Changed $570,000 Beaches MLS
• 2025-07-02 Price Changed $580,000 Beaches MLS
• 2025-05-01 Price Changed $590,000 Beaches MLS
• 2025-04-18 Price Changed $620,000 Beaches MLS
• 2025-03-26 Listed $650,000 Beaches MLS
• 2022-06-27 Sold (Public Records) $500,000 Public Records
• 2022-06-21 Sold (MLS) $500,000 Beaches MLS
• 2022-05-19 Pending — Beaches MLS
• 2022-05-12 Listed $499,900 Beaches MLS
• 2005-05-19 Listing Removed — Beaches MLS
• 2005-04-02 Listed $339,900 Beaches MLS
• 2004-07-23 Listing Removed — Beaches MLS
• 2004-07-12 Listed $269,900 Beaches MLS

Property tax history

+10.1%/yr

Latest (2025): $10,020 · +2.8% YoY. Source: county tax records.