57 Atwell Dr · Royal Palm Beach, FL 33411

$629,900

4 bd · 3.5 ba · 2,612 sqft · SingleFamily public records · 140 Days on market

Built 2012 4,500 sqft lot $216/mo HOA · 5% of rent

---

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 +5.9/30.0
• Schools +4.3/10.0
• Livability +4.0/5.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• 1% rule +1.3/10.0
• DSCR +0.3/10.0

Listing remarks MLS

Beautiful 4 bedroom, 3 full and 1 half bath home with open floor plan. Kitchen open to family room and boasts a living room and dining as well. Large Master features his and her walk-in closets, and very large bathroom. All bedrooms on 2nd floor. Home is in a quiet neighborhood, next to cul de sac. Preserve in front and canal behind means less neighbors. Close to Wellington and in great school districts. Easy access to Southern, 95 and turnpike, but tucked away and private! Home was built in 2012 and has had one owner. Low home insurance (currently 1200/year) and low HOA mean more house for Lower payments!!!

Key facts

• 4,500 sq ft lot
• 2 garage spots
• Built 2012

Property features AI

Finance

• Financial info: Pets allowed with breed restrictions
• HOA & community: Monthly HOA fee of $216; Association has no listed amenities

Exterior

• Parking: Attached garage; Two garage spaces; Two covered parking spaces; Paver block driveway
• Utilities: Public water; Public sewer; Three-phase electric; Cable available
• Home design: Single family residence; Resale property; Two stories; Entry-level living area present; Faces east
• Construction: Built with stucco and concrete block (CBS); Concrete and tile roof
• Exterior features: Covered patio; Open patio; Patio; Fenced yard; Cul-de-sac lot; Zero lot line; Sidewalks; Not waterfront

Interior

• Kitchen: Disposal; Dishwasher; Electric range; Microwave; Refrigerator
• Bedrooms: No main-level bedrooms
• Flooring: Ceramic tile; Vinyl
• Bathrooms: Three full bathrooms; One half bathroom; Four total bathrooms
• Heating & cooling: Central heating; Electric heating; Heat pump; Heat strip; Central cooling; Ceiling fans; Paddle fans
• Interior features: Kitchen island; Upstairs living area
• Laundry & utility: Washer hookup; Electric water heater

What this means for you Summary

Snapshot

• This is a 4-bed/3.5-bath single-family listed at $630k.

Deal economics

• At list price, monthly cash flow is $-1k ($-15k/yr) — negative.
• To cash-flow at today's rent, offer at most $415k (34.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $394k (37.4% below list).
• Recommended offer: $394k (37.4% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 79/100 on livability (#135 in FL, #2,039 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, health & safety A+; Watch: cost of living C-, amenities F, commute 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: Everglades Elementary (math 70% / reading 74%, grade A-, #288 of 2,144 statewide, top 15%, 888 students, 34% FRL); Emerald Cove Middle School (math 61% / reading 64%, grade B+, #116 of 571 statewide, top 21%, 1,241 students, 36% FRL); Palm Beach Central High School (math 42% / reading 55%, grade D, #198 of 667 statewide, top 30%, 2,980 students, 40% FRL) — zoned schools average 36% FRL vs 52% district-wide (16 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: Rents flat; 574 active listings in the ZIP; 9 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 $3,942/mo this rent would consume 51% 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 $67k of equity ($4k loan paydown + $63k 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 ~$108k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 140 days — a 12% lower offer ($554k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 10y ago; this cycle's ask has dropped $69k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $320k; list at $630k implies a 97% 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 6→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $394,200 (37.4% 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 140 days. Have you received any prior offers? Is the seller open to a 37% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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: 0.63% ✗
• Cap rate: 3.97%
• Cash-on-cash: -8.29%
• DSCR: 0.63
• GRM: 13.3

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: 17.9%
• Equity multiple: 2.46×
• Total profit: $257,130
• Equity at exit: $567,464

10-year hold

• IRR: 16.4%
• Equity multiple: 5.55×
• Total profit: $802,850
• Equity at exit: $1,223,757

Cash invested: $176,372 (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 33411

• Home prices YoY: 1.9%
• Rents YoY: 0.8%
• Active inventory: 574
• Price-to-rent: 13.3×

Monthly cashflow live

• Estimated rent: $3,942 high
• Mortgage (P&I): −$3,303
• Tax from tax record: −$551 /mo · $6,616/yr
• Insurance: −$262
• HOA: −$216
• Vacancy / Maint / Mgmt: −$828
• Net cashflow: $-1,219

Break-even live

Break-even rent $5,485

Max offer price $414,587

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: $157,475
• Closing costs: $18,897
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
8152 Butler Greenwood Dr Royal Palm Beach, FL	3.0	3.0	2323	$10,000	$4.30	24d	1	0.52mi
8421 Pioneer Rd West Palm Beach, FL	3.0	2.0	2000	$2,900	$1.45	7d	1	0.52mi
8694 Pioneer Rd West Palm Beach, FL	4.0	3.0	2000	$3,500	$1.75	18d	1	0.80mi
699 Belle Grove Ln Royal Palm Beach, FL	3.0	2.0	1849	$3,500	$1.89	24d	1	0.81mi
544 Edgebrook Ln West Palm Beach, FL	4.0	4.5	3717	$5,900	$1.59	24d	1	1.10mi
851 Edgebrook Ln West Palm Beach, FL	4.0	3.0	3038	$7,200	$2.37	7d	1	1.18mi
9326 Plantation Estates Dr Royal Palm Beach, FL	5.0	3.0	3161	$4,300	$1.36	24d	1	1.35mi
759 Gazetta Way West Palm Beach, FL	3.0	2.0	1935	$3,500	$1.81	24d	1	1.38mi
625 Whippoorwill Ter West Palm Beach, FL	3.0	2.0	1914	$4,500	$2.35	24d	1	1.49mi

HOA detail

• Monthly dues: $216 · $2,592/yr

Listing history 28 events

1. 2026-06-18
   days on market $629,900 Active 140 DOM
2. 2026-06-17
   days on market $629,900 Active 139 DOM
3. 2026-06-16
   days on market $629,900 Active 138 DOM
4. 2026-06-15
   days on market $629,900 Active 137 DOM
5. 2026-06-13
   days on market $629,900 Active 135 DOM
6. 2026-06-09
   days on market $629,900 Active 131 DOM
7. 2026-06-07
   days on market $629,900 Active 129 DOM
8. 2026-06-04
   days on market $629,900 Active 126 DOM
9. 2026-06-03
   days on market $629,900 Active 125 DOM
10. 2026-06-01
    days on market $629,900 Active 123 DOM
11. 2026-05-31
    days on market $629,900 Active 122 DOM
12. 2026-05-01
    status Active
13. 2026-04-30
    historical
14. 2026-04-14
    price $600,000
15. 2026-04-08
    price $630,000
16. 2026-03-30
    price $640,000
17. 2026-03-17
    price $650,000
18. 2026-03-11
    price $675,000
19. 2026-02-27
    price $695,000
20. 2026-01-25
    listed $699,000 Active
21. 2016-07-18
    soldstatus $320,000
22. 2016-06-28
    soldstatus $320,000 Closed 626-char remark

    Show marketing remark (626 chars)

    Beautiful 4 bedroom, 3 full and 1 half bath home with open floor plan. Kitchen open to family room and boasts a living room and dining as well. Large Master features his and her walk-in closets, and very large bathroom. All bedrooms on 2nd floor. Home is in a quiet neighborhood, next to cul de sac. Preserve in front and canal behind means less neighbors. Close to Wellington and in great school districts. Easy access to Southern, 95 and turnpike, but tucked away and private! Home was built in 2012 and has had one owner. Low home insurance (currently 1200/year) and low HOA mean more house for Lower payments!!!

23. 2016-05-24
    historical Contingent 626-char remark

    Show marketing remark (626 chars)

    Beautiful 4 bedroom, 3 full and 1 half bath home with open floor plan. Kitchen open to family room and boasts a living room and dining as well. Large Master features his and her walk-in closets, and very large bathroom. All bedrooms on 2nd floor. Home is in a quiet neighborhood, next to cul de sac. Preserve in front and canal behind means less neighbors. Close to Wellington and in great school districts. Easy access to Southern, 95 and turnpike, but tucked away and private! Home was built in 2012 and has had one owner. Low home insurance (currently 1200/year) and low HOA mean more house for Lower payments!!!

24. 2016-05-18
    price $319,888 626-char remark

    Show marketing remark (626 chars)

    Beautiful 4 bedroom, 3 full and 1 half bath home with open floor plan. Kitchen open to family room and boasts a living room and dining as well. Large Master features his and her walk-in closets, and very large bathroom. All bedrooms on 2nd floor. Home is in a quiet neighborhood, next to cul de sac. Preserve in front and canal behind means less neighbors. Close to Wellington and in great school districts. Easy access to Southern, 95 and turnpike, but tucked away and private! Home was built in 2012 and has had one owner. Low home insurance (currently 1200/year) and low HOA mean more house for Lower payments!!!

25. 2016-04-22
    price $325,000 626-char remark

    Show marketing remark (626 chars)

    Beautiful 4 bedroom, 3 full and 1 half bath home with open floor plan. Kitchen open to family room and boasts a living room and dining as well. Large Master features his and her walk-in closets, and very large bathroom. All bedrooms on 2nd floor. Home is in a quiet neighborhood, next to cul de sac. Preserve in front and canal behind means less neighbors. Close to Wellington and in great school districts. Easy access to Southern, 95 and turnpike, but tucked away and private! Home was built in 2012 and has had one owner. Low home insurance (currently 1200/year) and low HOA mean more house for Lower payments!!!

26. 2016-04-07
    price $335,000 626-char remark

    Show marketing remark (626 chars)

    Beautiful 4 bedroom, 3 full and 1 half bath home with open floor plan. Kitchen open to family room and boasts a living room and dining as well. Large Master features his and her walk-in closets, and very large bathroom. All bedrooms on 2nd floor. Home is in a quiet neighborhood, next to cul de sac. Preserve in front and canal behind means less neighbors. Close to Wellington and in great school districts. Easy access to Southern, 95 and turnpike, but tucked away and private! Home was built in 2012 and has had one owner. Low home insurance (currently 1200/year) and low HOA mean more house for Lower payments!!!

27. 2016-03-21
    price $340,000 626-char remark

    Show marketing remark (626 chars)

    Beautiful 4 bedroom, 3 full and 1 half bath home with open floor plan. Kitchen open to family room and boasts a living room and dining as well. Large Master features his and her walk-in closets, and very large bathroom. All bedrooms on 2nd floor. Home is in a quiet neighborhood, next to cul de sac. Preserve in front and canal behind means less neighbors. Close to Wellington and in great school districts. Easy access to Southern, 95 and turnpike, but tucked away and private! Home was built in 2012 and has had one owner. Low home insurance (currently 1200/year) and low HOA mean more house for Lower payments!!!

28. 2016-03-12
    listed $347,000 Active 626-char remark

    Show marketing remark (626 chars)

    Beautiful 4 bedroom, 3 full and 1 half bath home with open floor plan. Kitchen open to family room and boasts a living room and dining as well. Large Master features his and her walk-in closets, and very large bathroom. All bedrooms on 2nd floor. Home is in a quiet neighborhood, next to cul de sac. Preserve in front and canal behind means less neighbors. Close to Wellington and in great school districts. Easy access to Southern, 95 and turnpike, but tucked away and private! Home was built in 2012 and has had one owner. Low home insurance (currently 1200/year) and low HOA mean more house for Lower payments!!!

ⓘ 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: $6,616 · $551/mo
• Projected year-2 tax: $6,616 · $551/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 2/10 Low
• 🌡 Heat 9/10 Extreme 6 d/yr ≥106°F today · 21 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $47,304
• − Mortgage interest: −$35,284
• − Property taxes: −$6,616
• − Insurance: −$3,150
• − Repairs & maintenance: −$3,784
• − Management: −$3,784
• − HOA: −$2,592
• − Depreciation: −$18,324
• Taxable loss: −$26,230
• Est. tax savings @ 24.0%: +$6,295
• After-tax cash flow: $-8,331/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 — Royal Palm Beach

• Score: 79/100
• State rank: #135
• US rank: #2039

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Palm Beach County · 1,438,312 people
• City population: 75,299
• 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

+72.9% since first listed

17 events — show timeline

• 2026-05-01 Relisted — Beaches MLS
• 2026-04-30 Listing Removed — Beaches MLS
• 2026-04-14 Price Changed $600,000 Beaches MLS
• 2026-04-08 Price Changed $630,000 Beaches MLS
• 2026-03-30 Price Changed $640,000 Beaches MLS
• 2026-03-17 Price Changed $650,000 Beaches MLS
• 2026-03-11 Price Changed $675,000 Beaches MLS
• 2026-02-27 Price Changed $695,000 Beaches MLS
• 2026-01-25 Listed $699,000 Beaches MLS
• 2016-07-18 Sold (Public Records) $320,000 Public Records
• 2016-06-28 Sold (MLS) $320,000 Beaches MLS
• 2016-05-24 Contingent — Beaches MLS
• 2016-05-18 Price Changed $319,888 Beaches MLS
• 2016-04-22 Price Changed $325,000 Beaches MLS
• 2016-04-07 Price Changed $335,000 Beaches MLS
• 2016-03-21 Price Changed $340,000 Beaches MLS
• 2016-03-12 Listed $347,000 Beaches MLS

Property tax history

+29.8%/yr

Latest (2025): $6,616 · +5.6% YoY. Source: county tax records.