17611 Fl33 · Mascotte, FL 34736

$260,000

3 bd · 2.0 ba · 1,104 sqft · SingleFamily public records · 31 Days on market

Built 2003 6,017 sqft lot

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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 +18.1/30.0
• ARV discount +7.5/15.0
• DSCR +5.7/10.0
• 1% rule +4.5/10.0
• Schools +4.2/10.0
• Livability +3.6/5.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

WELCOME HOME, Move in Ready , No HOA home!!!!Completely remodeled 3 bedrooms 2 full bathrooms , with a large beautiful open concept kitchen with new cabinets , backsplash and with space for a breakfast area as well as having granite countertops . tiled floors thru out the house, with plenty of driveway space, open patio, and a spacious backyard! the A/C unit is 2 years old brand new water weater , brand new well , roof will be replace before closing , Make this a future home for your family and schedule a tour today!

Key facts

• Open patio
• Spacious backyard
• Stylish backsplash

Tags

• FULLY RENOVATED KITCHEN
• UPDATED CABINETRY
• STYLISH BACKSPLASH
• GRANITE COUNTERTOPS
• OPEN PATIO
• SPACIOUS BACKYARD

Property features AI

Finance

• Other: Lot about 0.14 acres (approx. 559 m²)
• Financial info: No lease restrictions indicated; Homestead status recorded

Exterior

• Parking: Driveway access (turn onto driveway at mailbox 17617)
• Utilities: Well water; Septic tank; Electricity connected; Water connected
• Home design: Single-family residence; One story; Faces east; Residential property
• Construction: Stucco exterior; Shingle roof; Built on slab foundation; Building area approximately 1,200 square feet
• Exterior features: Private mailbox; Dirt and gravel driveway/road access

Interior

• Kitchen: Dishwasher; Range; Range hood; Exhaust fan; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Ceramic tile; Slab foundation
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans; Eat-in kitchen; Open floorplan; Split bedroom layout; 9 total rooms
• Laundry & utility: Washer hookup; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $260k.

Deal economics

• At list price, monthly cash flow is $230 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $246k (5.2% below list).
• Recommended offer: $246k (5.2% below list) — sets the bar for 1% rule.
• Cap rate 7.4% vs local median 4.8% in Mascotte — 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 71/100 on livability (#405 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools D-, amenities F, commute F.
• Lake (suburban): math 49% / reading 50% proficiency, ranked #37 of 73 in FL (top 51%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+1.7%/yr); 590 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 4,799 units permitted in Lake County in 2024 (814 in 5+ unit buildings).
• This rent runs 33% of the median local income ($91k/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 $8k of value loss. Plan a longer hold.
• Lake County population projected at +37% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 31 days — a 3% lower offer ($252k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 8y 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.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $246,446 (5.2% below list)

Questions for the listing agent

1. It's been on market 31 days. Have you received any prior offers? Is the seller open to a 5% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
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: 0.95% ✗
• Cap rate: 7.35%
• Cash-on-cash: 3.79%
• DSCR: 1.17
• GRM: 8.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 1.67% rent growth · sell at horizon

5-year hold

• IRR: -11.8%
• Equity multiple: 0.58×
• Total profit: $-30,772
• Equity at exit: $38,767

10-year hold

• IRR: -4.7%
• Equity multiple: 0.71×
• Total profit: $-21,014
• Equity at exit: $22,480

Cash invested: $72,800 (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 34736

• Home prices YoY: -22.5%
• Rents YoY: 1.7%
• Active inventory: 590
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $2,464 medium
• Mortgage (P&I): −$1,363
• Tax from tax record: −$245 /mo · $2,946/yr
• Insurance: −$108
• HOA: −$0
• Vacancy / Maint / Mgmt: −$518
• Net cashflow: $230

Break-even live

Break-even rent $2,174

Max offer price $260,000

Occupancy floor 86%

Sensitivity live

Price	-10% $377	-5% $303	+0% $230	+5% $156	+10% $82
Rent	-10% $35	-5% $132	+0% $230	+5% $327	+10% $424
Rate	-1.0pp $361	-0.5pp $296	base $230	+0.5pp $162	+1.0pp $94

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: $65,000
• Closing costs: $7,800
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4025 E Cardinal Pines Dr Mascotte, FL	3.0	2.0	1260	$2,100	$1.67	6d	1	0.62mi
7201 Big Cedar Aly Groveland, FL	3.0	2.5	1500	$2,000	$1.33	25d	1	1.37mi

Listing history 24 events

1. 2026-06-21
   days on market $260,000 Active 31 DOM
2. 2026-06-18
   days on market $260,000 Active 28 DOM
3. 2026-06-17
   days on market $260,000 Active 27 DOM
4. 2026-06-16
   days on market $260,000 Active 26 DOM
5. 2026-06-15
   days on market $260,000 Active 25 DOM
6. 2026-06-13
   days on market $260,000 Active 23 DOM
7. 2026-06-09
   days on market $260,000 Active 19 DOM
8. 2026-06-08
   days on market $260,000 Active 18 DOM
9. 2026-06-07
   days on market $260,000 Active 17 DOM
10. 2026-06-04
    days on market $260,000 Active 14 DOM
11. 2026-06-03
    days on market $260,000 Active 13 DOM
12. 2026-06-02
    days on market $260,000 Active 12 DOM
13. 2026-06-01
    days on market $260,000 Active 11 DOM
14. 2026-05-31
    days on market $260,000 Active 10 DOM
15. 2026-05-21
    listed $260,000 Active
16. 2024-02-13
    soldstatus $250,000 Closed 523-char remark

    Show marketing remark (523 chars)

    WELCOME HOME, Move in Ready , No HOA home!!!!Completely remodeled 3 bedrooms 2 full bathrooms , with a large beautiful open concept kitchen with new cabinets , backsplash and with space for a breakfast area as well as having granite countertops . tiled floors thru out the house, with plenty of driveway space, open patio, and a spacious backyard! the A/C unit is 2 years old brand new water weater , brand new well , roof will be replace before closing , Make this a future home for your family and schedule a tour today!

17. 2023-12-05
    status Pending 523-char remark

    Show marketing remark (523 chars)

    WELCOME HOME, Move in Ready , No HOA home!!!!Completely remodeled 3 bedrooms 2 full bathrooms , with a large beautiful open concept kitchen with new cabinets , backsplash and with space for a breakfast area as well as having granite countertops . tiled floors thru out the house, with plenty of driveway space, open patio, and a spacious backyard! the A/C unit is 2 years old brand new water weater , brand new well , roof will be replace before closing , Make this a future home for your family and schedule a tour today!

18. 2023-11-07
    price $250,000 523-char remark

    Show marketing remark (523 chars)

    WELCOME HOME, Move in Ready , No HOA home!!!!Completely remodeled 3 bedrooms 2 full bathrooms , with a large beautiful open concept kitchen with new cabinets , backsplash and with space for a breakfast area as well as having granite countertops . tiled floors thru out the house, with plenty of driveway space, open patio, and a spacious backyard! the A/C unit is 2 years old brand new water weater , brand new well , roof will be replace before closing , Make this a future home for your family and schedule a tour today!

19. 2023-10-10
    price $265,000 523-char remark

    Show marketing remark (523 chars)

    WELCOME HOME, Move in Ready , No HOA home!!!!Completely remodeled 3 bedrooms 2 full bathrooms , with a large beautiful open concept kitchen with new cabinets , backsplash and with space for a breakfast area as well as having granite countertops . tiled floors thru out the house, with plenty of driveway space, open patio, and a spacious backyard! the A/C unit is 2 years old brand new water weater , brand new well , roof will be replace before closing , Make this a future home for your family and schedule a tour today!

20. 2023-09-04
    listed $280,000 Active 523-char remark

    Show marketing remark (523 chars)

    WELCOME HOME, Move in Ready , No HOA home!!!!Completely remodeled 3 bedrooms 2 full bathrooms , with a large beautiful open concept kitchen with new cabinets , backsplash and with space for a breakfast area as well as having granite countertops . tiled floors thru out the house, with plenty of driveway space, open patio, and a spacious backyard! the A/C unit is 2 years old brand new water weater , brand new well , roof will be replace before closing , Make this a future home for your family and schedule a tour today!

21. 2021-05-03
    soldstatus $54,000
22. 2018-06-25
    soldstatus $23,000 Sold 315-char remark

    Show marketing remark (315 chars)

    AS IS 2 bedroom 1 bath home. Property is SOLD AS IS without any guarantee or warranty by seller. Buyer(s) responsible for verifying all information contained in this listing. All Information recorded in the MLS is intended to be accurate but cannot be guaranteed, buyer advised to verify. Located outside of an HOA.

23. 2018-06-08
    status Pending 315-char remark

    Show marketing remark (315 chars)

    AS IS 2 bedroom 1 bath home. Property is SOLD AS IS without any guarantee or warranty by seller. Buyer(s) responsible for verifying all information contained in this listing. All Information recorded in the MLS is intended to be accurate but cannot be guaranteed, buyer advised to verify. Located outside of an HOA.

24. 2018-06-04
    listed $17,900 Active 315-char remark

    Show marketing remark (315 chars)

    AS IS 2 bedroom 1 bath home. Property is SOLD AS IS without any guarantee or warranty by seller. Buyer(s) responsible for verifying all information contained in this listing. All Information recorded in the MLS is intended to be accurate but cannot be guaranteed, buyer advised to verify. Located outside of an HOA.

ⓘ 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: $2,946 · $245/mo
• Projected year-2 tax: $2,946 · $245/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 7/10 Severe
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 22 d/yr by 30 yrs out
• 💨 Wind 9/10 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: $29,574
• − Mortgage interest: −$14,564
• − Property taxes: −$2,946
• − Insurance: −$1,300
• − Repairs & maintenance: −$2,366
• − Management: −$2,366
• − Depreciation: −$7,564
• Taxable loss: −$1,532
• Est. tax savings @ 24.0%: +$368
• After-tax cash flow: $3,123/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: Lake
• NCES district ID: 1201050
• Math proficiency: 49% ▼ -7.00%
• Reading proficiency: 50% ▼ -4.00%
• Median HH income: $46,632
• Composite: 42.05/100
• National rank: #3327
• State rank: #37 of 73 in FL

Livability — Mascotte

• Score: 71/100
• State rank: #405
• US rank: #7156

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Lake County · 364,602 people
• City population: 33,565
• Metro: Orlando-Kissimmee-Sanford, FL
• Population (ZIP): 28,001
• Household income: $90,545
• Rent vs Own: 11.3% rent · 88.7% own
• Severe rent burden: 216.0

Population outlook (Lake County) Hauer SSP2

• Today (2025): 386,640 people
• By 2030: 417,107 · +7.9%
• By 2040: 476,676 · +23.3%
• By 2050: 531,296 · +37.4%
• By 2075: 648,303 · +67.7%
• By 2100: 698,530 · +80.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.65)
• Race & ethnicity: White 52% Hispanic / Latino 25% Two or more races 17% Black 15% Asian 4%
• Hispanic origin (detail): Mexican 3% Puerto Rican 15% Cuban 2%
• Common ancestry: Romanian 2% Hispanic 2% Lithuanian 1%
• Foreign-born: 13% · Canada, Guatemala
• Languages at home: 81% English-only · Spanish 14% French/Haitian/Cajun 2% Other Indo-European 1%

Political lean MEDSL · Lake

• 2024 margin: Strong R (+24.7) · D 37.3% · R 62.0%
• 2008→2024 swing: -11.2pp toward R · 2008: -13.5pp · 2024: -24.7pp
• All cycles: 2024: R+24.7 2020: R+20.0 2016: R+23.1 2012: R+17.1 2008: R+13.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -77.23%
• Current HPI: 265.3457
• Rent YoY: ▲ 1.67%
• Metro: Orlando-Kissimmee-Sanford, 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

+1352.5% since first listed

10 events — show timeline

• 2026-05-21 Listed $260,000 Stellar MLS as Distributed by MLS Grid
• 2024-02-13 Sold (MLS) $250,000 Stellar MLS as Distributed by MLS Grid
• 2023-12-05 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-11-07 Price Changed $250,000 Stellar MLS as Distributed by MLS Grid
• 2023-10-10 Price Changed $265,000 Stellar MLS as Distributed by MLS Grid
• 2023-09-04 Listed $280,000 Stellar MLS as Distributed by MLS Grid
• 2021-05-03 Sold (Public Records) $54,000 Public Records
• 2018-06-25 Sold (MLS) $23,000 Stellar MLS as Distributed by MLS Grid
• 2018-06-08 Pending — Stellar MLS as Distributed by MLS Grid
• 2018-06-04 Listed $17,900 Stellar MLS as Distributed by MLS Grid

Property tax history

+16.8%/yr

Latest (2025): $2,946 · +77.4% YoY. Source: county tax records.