17602 Bridle Ln · Jupiter Farms, FL 33478

$679,900

5 bd · 2.0 ba · 2,456 sqft · SingleFamily public records · 46 Days on market

Built 1974 1.04 ac lot

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Why this score? — see what drove the C- 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 +21.6/30.0
• ARV discount +7.5/15.0
• DSCR +6.9/10.0
• 1% rule +5.7/10.0
• Schools +4.3/10.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming residence perfectly situated in a highly desirable and established neighborhood. This home offers a solid footprint and a versatile floor plan, providing a wonderful foundation for your buyer's personal touch and creative vision. The interior features standard finishes and well-proportioned living spaces that maximize the home's potential.

Key facts

• Granite countertops
• Patio and pool area
• Private paved street

Tags

• PRIVATE PAVED STREET
• GRANITE COUNTERTOPS
• PATIO AND POOL AREA
• SPLIT-BEDROOM FLOOR PLAN

Property features AI

Exterior

• Parking: Circular driveway (parking for up to 20 vehicles)
• Utilities: Well water; Septic system; Electricity available; Water available
• Home design: Single-family residence; One story; Entry level: 1; Resale property; Faces west
• Construction: Built with stucco and CBS; Mansard roof
• Exterior features: Oversized lot; In-ground private pool; Shed(s)

Interior

• Kitchen: Dishwasher; Electric range; Microwave; Refrigerator; Electric water heater
• Bedrooms: 5 bedrooms on the main level
• Flooring: Ceramic tile; Other flooring
• Bathrooms: 2 full bathrooms (both on the main level)
• Heating & cooling: Central heating; Central electric air conditioning
• Interior features: Split bedroom layout; Closet cabinetry
• Laundry & utility: Laundry closet

What this means for you Summary

Snapshot

• This is a 5-bed/2.0-bath single-family listed at $680k.

Deal economics

• At list price, monthly cash flow is $1k ($12k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($7k rent vs $680k).
• Recommended offer: $660k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 66/100 on livability (#617 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 Farms Elementary School (math 83% / reading 82%, grade A+, #70 of 2,144 statewide, top 4%, 624 students, 21% FRL); Watson B. Duncan Middle School (math 54% / reading 59%, grade B, #171 of 571 statewide, top 30%, 1,157 students, 41% FRL); Jupiter High School (math 56% / reading 64%, grade C+, #106 of 667 statewide, top 16%, 3,087 students, 28% FRL) — zoned schools average 30% FRL vs 52% district-wide (22 pts lower); this property's tenant base skews higher-income than the district average.
• Zoned-school proficiency averages 66% at this address vs 50% district-wide (+17 pts) — the actual schools serving this property are materially stronger than the Palm Beach average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: 126 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 20d on market — plan ~3-4 weeks tenant-placement turnaround); 3,974 units permitted in Palm Beach County in 2024 (1,012 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $5k of loan paydown is wiped out by about $20k 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 46 days — a 3% lower offer ($660k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 20y 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 $350k; list at $680k implies a 94% 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→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $659,503 (3.0% below list)

Questions for the listing agent

1. It's been on market 46 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. 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.
6. 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.
7. 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: 1.07% ✓
• Cap rate: 8.12%
• Cash-on-cash: 6.53%
• DSCR: 1.29
• GRM: 7.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: -6.2%
• Equity multiple: 0.77×
• Total profit: $-44,081
• Equity at exit: $101,375

10-year hold

• IRR: 3.4%
• Equity multiple: 1.25×
• Total profit: $47,005
• Equity at exit: $58,785

Cash invested: $190,372 (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 33478

• Active inventory: 126
• Price-to-rent: 7.8×

Monthly cashflow live

• Estimated rent: $7,246 medium
• Mortgage (P&I): −$3,565
• Tax from tax record: −$840 /mo · $10,078/yr
• Insurance: −$283
• HOA: −$0
• Vacancy / Maint / Mgmt: −$1,522
• Net cashflow: $1,036

Break-even live

Break-even rent $5,935

Max offer price $679,900

Occupancy floor 81%

Sensitivity live

Price	-10% $1,421	-5% $1,229	+0% $1,036	+5% $844	+10% $651
Rent	-10% $464	-5% $750	+0% $1,036	+5% $1,322	+10% $1,609
Rate	-1.0pp $1,378	-0.5pp $1,209	base $1,036	+0.5pp $860	+1.0pp $681

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: $169,975
• Closing costs: $20,397
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
17534 103rd Ter N Jupiter, FL	4.0	3.0	2128	$6,000	$2.82	25d	1	0.45mi
11405 175th Rd N Jupiter, FL	4.0	3.0	2362	$10,000	$4.23	19d	1	0.63mi
11217 169th Ct N Jupiter, FL	4.0	3.0	2142	$5,500	$2.57	17d	1	0.82mi

Listing history 21 events

1. 2026-05-31
   status $679,900 Pending 46 DOM
2. 2026-05-11
   price $679,900
3. 2026-04-30
   price $689,900
4. 2026-04-14
   listed $699,900 Active
5. 2026-03-06
   soldstatus $349,900
6. 2026-03-04
   soldstatus $349,900 Closed 350-char remark

   Show marketing remark (350 chars)

   Charming residence perfectly situated in a highly desirable and established neighborhood. This home offers a solid footprint and a versatile floor plan, providing a wonderful foundation for your buyer's personal touch and creative vision. The interior features standard finishes and well-proportioned living spaces that maximize the home's potential.

7. 2026-02-06
   status Pending 350-char remark

   Show marketing remark (350 chars)

   Charming residence perfectly situated in a highly desirable and established neighborhood. This home offers a solid footprint and a versatile floor plan, providing a wonderful foundation for your buyer's personal touch and creative vision. The interior features standard finishes and well-proportioned living spaces that maximize the home's potential.

8. 2026-02-05
   listed $349,900 Active 350-char remark

   Show marketing remark (350 chars)

   Charming residence perfectly situated in a highly desirable and established neighborhood. This home offers a solid footprint and a versatile floor plan, providing a wonderful foundation for your buyer's personal touch and creative vision. The interior features standard finishes and well-proportioned living spaces that maximize the home's potential.

9. 2017-06-09
   historical
10. 2013-09-13
    soldstatus $349,000
11. 2013-08-28
    soldstatus $349,000 Closed
12. 2013-08-15
    historical Contingent
13. 2013-07-11
    listed $369,900 Active
14. 2012-11-11
    historical
15. 2012-03-09
    listed $339,900
16. 2011-10-25
    historical
17. 2011-04-08
    listed $339,900
18. 2010-04-14
    historical
19. 2010-02-02
    listed $436,500
20. 2006-02-01
    listed $569,900
21. 1977-05-01
    soldstatus $64,300

ⓘ 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: $10,078 · $840/mo
• Projected year-2 tax: $10,078 · $840/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 ≥106°F today · 23 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $86,957
• − Mortgage interest: −$38,085
• − Property taxes: −$10,078
• − Insurance: −$3,400
• − Repairs & maintenance: −$6,957
• − Management: −$6,957
• − Depreciation: −$19,779
• Taxable income: $1,703
• Est. tax owed @ 24.0%: −$409
• After-tax cash flow: $12,024/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 — Jupiter Farms

• Score: 66/100
• State rank: #617
• US rank: #11894

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Jupiter Farms, FL
• Population (ZIP): 15,205

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 (80%)
• Race & ethnicity: White 80% Two or more races 14% Hispanic / Latino 8% Asian 3%
• Hispanic origin (detail): Puerto Rican 1% Cuban 1%
• Common ancestry: Slovak 4% Romanian 4% Italian 3%
• Foreign-born: 10% · Canada, China, Vietnam
• Languages at home: 86% English-only · Spanish 5% Other Indo-European 4% 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: ▼ -306.11%
• Current HPI: 427.5178
• Rent YoY: —
• Metro: —
• 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

+957.4% since first listed

20 events — show timeline

• 2026-05-11 Price Changed $679,900 Beaches MLS
• 2026-04-30 Price Changed $689,900 Beaches MLS
• 2026-04-14 Listed $699,900 Beaches MLS
• 2026-03-06 Sold (Public Records) $349,900 Public Records
• 2026-03-04 Sold (MLS) $349,900 MARMLS
• 2026-02-06 Pending — MARMLS
• 2026-02-05 Listed $349,900 MARMLS
• 2017-06-09 Listing Removed — Beaches MLS
• 2013-09-13 Sold (Public Records) $349,000 Public Records
• 2013-08-28 Sold (MLS) $349,000 Beaches MLS
• 2013-08-15 Contingent — Beaches MLS
• 2013-07-11 Listed $369,900 Beaches MLS
• 2012-11-11 Listing Removed — Beaches MLS
• 2012-03-09 Listed $339,900 Beaches MLS
• 2011-10-25 Listing Removed — Beaches MLS
• 2011-04-08 Listed $339,900 Beaches MLS
• 2010-04-14 Listing Removed — Beaches MLS
• 2010-02-02 Listed $436,500 Beaches MLS
• 2006-02-01 Listed $569,900 Beaches MLS
• 1977-05-01 Sold (Public Records) $64,300 Public Records

Property tax history

+8.9%/yr

Latest (2025): $10,078 · +6.1% YoY. Source: county tax records.