1117 Paradise Dr · Lady Lake, FL 32159

$192,000

2 bd · 2.0 ba · 1,383 sqft · Manufactured public records · 323 Days on market

Built 1989 5,400 sqft lot Est $216k · 11% under $199/mo HOA · 9% of rent

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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 +18.3/30.0
• ARV discount +12.5/15.0
• 1% rule +6.6/10.0
• DSCR +5.7/10.0
• Schools +4.2/10.0
• Rent growth +3.5/5.0
• Livability +3.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Back on the market!! Seller has now moved out and organized!! Move-In-Ready! SEE NEW PHOTOS! Beautiful 2/2 TURN-KEY home with NO BOND, NO PANELING, updated windows, and in the sought after area of Orange Blossom Gardens conveniently located not far from the front gate! This home is super cute with lots of curb appeal. The home features drywall throughout, newer windows, newer appliances, newer washer and dryer, and NEARLY 1400 SQ Ft of heated and cooled space. Completely finished bonus room off of living room, and an extra lanai off of the carport that could easily be set up to cool with a mini-split a/c unit. It's very spacious, with a great floor plan that is laid out very well to utilize almost every square inch of living space. Home could use a little updating, but it's quite adorable just like it sits, so put it on your short-list to see today before it's gone. Roof age is unknown, A/C was replaced in 2012. Did I mention that it's being sold TURN-KEY!!! Everything stays, even tools for your garden! Just bring your tooth brush :0)

Key facts

• Shopping
• Pool
• Historic section

Tags

• HISTORIC SECTION
• SPANISH SPRINGS SQUARE
• SHOPPING
• RESTAURANTS
• PARKS
• POOL

Property features AI

Finance

• Other: Lot size about 0.12 acre
• HOA & community: Monthly HOA fee of $199; Community amenities include basketball court, park, and shuffleboard court; Deed restrictions apply; Pets allowed

Exterior

• Parking: Driveway; 1-car carport
• Utilities: Public water; Public sewer; Electricity connected
• Home design: Manufactured home (double wide); Residential property; One story; Faces north
• Construction: Vinyl siding; Shingle roof; Other foundation
• Exterior features: Outdoor lighting; Paved road access; Lot dimensions approximately 60 x 90

Interior

• Kitchen: Dishwasher; Range; Refrigerator; Disposal
• Bedrooms: 2 bedrooms
• Flooring: Carpet; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air
• Interior features: Living room and dining room combo
• Laundry & utility: Laundry room; Washer; Dryer

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $192k.

Deal economics

• At list price, monthly cash flow is $175 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $192k).
• Recommended offer: $169k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.4% vs local median 4.1% in Lady Lake — 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 69/100 on livability (#457 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A-; Watch: employment 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 fast (+4.0%/yr); 576 active listings in the ZIP; 31 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 4,799 units permitted in Lake County in 2024 (814 in 5+ unit buildings).
• At $2,234/mo this rent would consume 46% of the median local household income ($59k/yr) (locally 1047% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k 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 323 days — a 12% lower offer ($169k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 10y 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: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $168,960 (12.0% below list)

Questions for the listing agent

1. It's been on market 323 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
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: 1.16% ✓
• Cap rate: 7.39%
• Cash-on-cash: 3.91%
• DSCR: 1.17
• GRM: 7.2

CMA / ARV

• ARV (on-the-fly): $215,748
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1613 Bay Meadows Ln	0.74mi	2/2.0	1,384 (+0%)	4mo	$225,000	$163	62
809 Orchid St	0.71mi	2/2.0	1,342 (-3%)	2mo	$209,000	$156	61
813 Saint Andrews Blvd	0.49mi	2/2.0	1,191 (-14%)	6mo	$152,000	$128	49
727 Turnberry Ln	0.71mi	2/2.0	1,576 (+14%)	12mo	$165,000	$105	34

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 4.03% rent growth · sell at horizon

5-year hold

• IRR: -8.7%
• Equity multiple: 0.68×
• Total profit: $-17,410
• Equity at exit: $28,628

10-year hold

• IRR: 2.4%
• Equity multiple: 1.18×
• Total profit: $9,814
• Equity at exit: $16,601

Cash invested: $53,760 (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 32159

• Home prices YoY: -16.0%
• Rents YoY: 4.0%
• Active inventory: 576
• Price-to-rent: 7.2×

Monthly cashflow live

• Estimated rent: $2,234 high
• Mortgage (P&I): −$1,007
• Tax from tax record: −$304 /mo · $3,644/yr
• Insurance: −$80
• HOA: −$199
• Vacancy / Maint / Mgmt: −$469
• Net cashflow: $175

Break-even live

Break-even rent $2,012

Max offer price $192,000

Occupancy floor 87%

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: $48,000
• Closing costs: $5,760
• Reserves months: —
• Total cash needed: —

Rent comps 31 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1532 W Schwartz Blvd Lady Lake, FL	2.0	2.0	1092	$2,950	$2.70	23d	1	0.07mi
1430 W Schwartz Blvd Lady Lake, FL	2.0	2.0	1377	$2,500	$1.82	23d	1	0.10mi
1401 W Schwartz Blvd Lady Lake, FL	2.0	2.0	1552	$1,999	$1.29	23d	1	0.19mi
1614 Kiley Ct Unit 1545709P Lady Lake, FL	2.0	2.0	1593	$3,452	$2.17	16d	1	0.20mi
13740 Lead LN The Villages, FL	1.0–3.0	1.0–2.0	1029	$1,720	$1.67	21d	38	0.44mi
13765 NE 136th Loop Lady Lake, FL	1.0–3.0	1.0–2.0	1078	$1,639	$1.52	21d	36	0.49mi
1314 Corona Ave Lady Lake, FL	2.0	2.0	1656	$2,500	$1.51	21d	1	0.57mi
739 Heathrow Ave Lady Lake, FL	2.0	2.0	1040	$2,250	$2.16	2d	1	0.61mi
909 Orchid St Lady Lake, FL	2.0	1.0	936	$1,600	$1.71	23d	1	0.62mi
1540 Hillcrest Dr Lady Lake, FL	2.0	2.0	1200	$1,600	$1.33	23d	1	0.67mi
17951 SE 115th Cir Summerfield, FL	3.0	2.0	1829	$2,100	$1.15	13d	1	0.69mi
1715 Pebble Beach Ln Lady Lake, FL	2.0	2.0	1040	$3,500	$3.37	23d	1	0.69mi
17408 SE 121st Cir Summerfield, FL	3.0	2.0	1733	$1,850	$1.07	21d	1	0.91mi
1214 Dustin Dr Lady Lake, FL	2.0	2.0	1040	$1,400	$1.35	23d	1	0.92mi
703 Royal Palm Ave Lady Lake, FL	3.0	2.0	1730	$2,600	$1.50	21d	1	0.95mi
943 Mendoza Blvd Lady Lake, FL	2.0	2.0	1268	$5,800	$4.57	23d	1	0.98mi
640 Rainbow Blvd Lady Lake, FL	2.0	2.0	1600	$1,900	$1.19	23d	1	1.02mi
1377 Camero Dr Lady Lake, FL	3.0	2.0	1462	$5,500	$3.76	21d	1	1.05mi
1304 Santa Rosa Ct Lady Lake, FL	2.0	2.0	1286	$4,500	$3.50	21d	1	1.07mi
13904 County Road 109D Lady Lake, FL	3.0	2.0	1568	$1,550	$0.99	21d	1	1.10mi
13957 County Road 109D Lady Lake, FL	2.0	2.0	1482	$1,650	$1.11	21d	1	1.11mi
17472 SE 121st Cir Summerfield, FL	3.0	2.0	1330	$1,950	$1.47	13d	1	1.12mi
1524 Martinez Dr Lady Lake, FL	2.0	2.0	1199	$2,095	$1.75	21d	1	1.17mi
617 Webb Way Lady Lake, FL	2.0	2.0	1542	$3,000	$1.95	23d	1	1.20mi
1222 Palmetto Dr Lady Lake, FL	2.0	2.0	1248	$1,700	$1.36	23d	1	1.24mi
602 Jason Dr Lady Lake, FL	3.0	2.0	1726	$1,650	$0.96	23d	1	1.24mi
932 Chula Ct Lady Lake, FL	2.0	2.0	1346	$3,000	$2.23	3d	1	1.35mi
716 Dominguez Dr Lady Lake, FL	2.0	2.0	1094	$2,450	$2.24	21d	1	1.38mi
628 Dominguez Dr Lady Lake, FL	2.0	2.0	1214	$2,245	$1.85	21d	1	1.46mi
1522 Yucatan Way Unit 1525265P Lady Lake, FL	2.0	2.0	1732	$1,829	$1.06	21d	1	1.47mi
722 Camino del Rey Dr Lady Lake, FL	3.0	2.0	1205	$2,000	$1.66	21d	1	1.49mi

HOA detail

• Monthly dues: $199 · $2,388/yr

Listing history 34 events

1. 2026-06-18
   days on market $192,000 Active 323 DOM
2. 2026-06-17
   days on market $192,000 Active 322 DOM
3. 2026-06-16
   days on market $192,000 Active 321 DOM
4. 2026-06-15
   days on market $192,000 Active 320 DOM
5. 2026-06-13
   days on market $192,000 Active 318 DOM
6. 2026-06-09
   days on market $192,000 Active 314 DOM
7. 2026-06-08
   days on market $192,000 Active 313 DOM
8. 2026-06-07
   days on market $192,000 Active 312 DOM
9. 2026-06-04
   days on market $192,000 Active 309 DOM
10. 2026-06-03
    days on market $192,000 Active 308 DOM
11. 2026-06-02
    days on market $192,000 Active 307 DOM
12. 2026-06-02
    days on market $192,000 Active 306 DOM
13. 2026-05-31
    days on market $192,000 Active 305 DOM
14. 2026-01-30
    status Active
15. 2026-01-30
    price $192,000
16. 2026-01-21
    historical
17. 2025-07-22
    historical
18. 2025-07-21
    listed $195,000 Active
19. 2025-06-20
    listed
20. 2023-06-09
    historical
21. 2022-05-06
    soldstatus $185,000
22. 2022-05-04
    soldstatus $185,000 Closed 1058-char remark

    Show marketing remark (1058 chars)

    Back on the market!! Seller has now moved out and organized!! Move-In-Ready! SEE NEW PHOTOS! Beautiful 2/2 TURN-KEY home with NO BOND, NO PANELING, updated windows, and in the sought after area of Orange Blossom Gardens conveniently located not far from the front gate! This home is super cute with lots of curb appeal. The home features drywall throughout, newer windows, newer appliances, newer washer and dryer, and NEARLY 1400 SQ Ft of heated and cooled space. Completely finished bonus room off of living room, and an extra lanai off of the carport that could easily be set up to cool with a mini-split a/c unit. It's very spacious, with a great floor plan that is laid out very well to utilize almost every square inch of living space. Home could use a little updating, but it's quite adorable just like it sits, so put it on your short-list to see today before it's gone. Roof age is unknown, A/C was replaced in 2012. Did I mention that it's being sold TURN-KEY!!! Everything stays, even tools for your garden! Just bring your tooth brush :0)

23. 2022-04-21
    status Pending 1058-char remark

    Show marketing remark (1058 chars)

    Back on the market!! Seller has now moved out and organized!! Move-In-Ready! SEE NEW PHOTOS! Beautiful 2/2 TURN-KEY home with NO BOND, NO PANELING, updated windows, and in the sought after area of Orange Blossom Gardens conveniently located not far from the front gate! This home is super cute with lots of curb appeal. The home features drywall throughout, newer windows, newer appliances, newer washer and dryer, and NEARLY 1400 SQ Ft of heated and cooled space. Completely finished bonus room off of living room, and an extra lanai off of the carport that could easily be set up to cool with a mini-split a/c unit. It's very spacious, with a great floor plan that is laid out very well to utilize almost every square inch of living space. Home could use a little updating, but it's quite adorable just like it sits, so put it on your short-list to see today before it's gone. Roof age is unknown, A/C was replaced in 2012. Did I mention that it's being sold TURN-KEY!!! Everything stays, even tools for your garden! Just bring your tooth brush :0)

24. 2022-04-06
    status Active 1058-char remark

    Show marketing remark (1058 chars)

    Back on the market!! Seller has now moved out and organized!! Move-In-Ready! SEE NEW PHOTOS! Beautiful 2/2 TURN-KEY home with NO BOND, NO PANELING, updated windows, and in the sought after area of Orange Blossom Gardens conveniently located not far from the front gate! This home is super cute with lots of curb appeal. The home features drywall throughout, newer windows, newer appliances, newer washer and dryer, and NEARLY 1400 SQ Ft of heated and cooled space. Completely finished bonus room off of living room, and an extra lanai off of the carport that could easily be set up to cool with a mini-split a/c unit. It's very spacious, with a great floor plan that is laid out very well to utilize almost every square inch of living space. Home could use a little updating, but it's quite adorable just like it sits, so put it on your short-list to see today before it's gone. Roof age is unknown, A/C was replaced in 2012. Did I mention that it's being sold TURN-KEY!!! Everything stays, even tools for your garden! Just bring your tooth brush :0)

25. 2022-04-03
    status Pending 1058-char remark

    Show marketing remark (1058 chars)

    Back on the market!! Seller has now moved out and organized!! Move-In-Ready! SEE NEW PHOTOS! Beautiful 2/2 TURN-KEY home with NO BOND, NO PANELING, updated windows, and in the sought after area of Orange Blossom Gardens conveniently located not far from the front gate! This home is super cute with lots of curb appeal. The home features drywall throughout, newer windows, newer appliances, newer washer and dryer, and NEARLY 1400 SQ Ft of heated and cooled space. Completely finished bonus room off of living room, and an extra lanai off of the carport that could easily be set up to cool with a mini-split a/c unit. It's very spacious, with a great floor plan that is laid out very well to utilize almost every square inch of living space. Home could use a little updating, but it's quite adorable just like it sits, so put it on your short-list to see today before it's gone. Roof age is unknown, A/C was replaced in 2012. Did I mention that it's being sold TURN-KEY!!! Everything stays, even tools for your garden! Just bring your tooth brush :0)

26. 2022-03-22
    price $199,900 1058-char remark

    Show marketing remark (1058 chars)

    Back on the market!! Seller has now moved out and organized!! Move-In-Ready! SEE NEW PHOTOS! Beautiful 2/2 TURN-KEY home with NO BOND, NO PANELING, updated windows, and in the sought after area of Orange Blossom Gardens conveniently located not far from the front gate! This home is super cute with lots of curb appeal. The home features drywall throughout, newer windows, newer appliances, newer washer and dryer, and NEARLY 1400 SQ Ft of heated and cooled space. Completely finished bonus room off of living room, and an extra lanai off of the carport that could easily be set up to cool with a mini-split a/c unit. It's very spacious, with a great floor plan that is laid out very well to utilize almost every square inch of living space. Home could use a little updating, but it's quite adorable just like it sits, so put it on your short-list to see today before it's gone. Roof age is unknown, A/C was replaced in 2012. Did I mention that it's being sold TURN-KEY!!! Everything stays, even tools for your garden! Just bring your tooth brush :0)

27. 2022-03-10
    listed $204,900 Active 1058-char remark

    Show marketing remark (1058 chars)

    Back on the market!! Seller has now moved out and organized!! Move-In-Ready! SEE NEW PHOTOS! Beautiful 2/2 TURN-KEY home with NO BOND, NO PANELING, updated windows, and in the sought after area of Orange Blossom Gardens conveniently located not far from the front gate! This home is super cute with lots of curb appeal. The home features drywall throughout, newer windows, newer appliances, newer washer and dryer, and NEARLY 1400 SQ Ft of heated and cooled space. Completely finished bonus room off of living room, and an extra lanai off of the carport that could easily be set up to cool with a mini-split a/c unit. It's very spacious, with a great floor plan that is laid out very well to utilize almost every square inch of living space. Home could use a little updating, but it's quite adorable just like it sits, so put it on your short-list to see today before it's gone. Roof age is unknown, A/C was replaced in 2012. Did I mention that it's being sold TURN-KEY!!! Everything stays, even tools for your garden! Just bring your tooth brush :0)

28. 2016-06-07
    soldstatus $129,000
29. 2016-05-31
    soldstatus $129,000 Sold 726-char remark

    Show marketing remark (726 chars)

    Located in Orange Blossom Gardens in one of the most sought after areas, within 2 blocks of Orange Blossom Country Club and Paradise Recreation Center. This Cedar Key is 1383 sq. ft. of open spacious living! This model offers one of the largest master bedrooms with double French doors. The patio has been fully enclosed with heat/ air. Beautiful sun porch on the NW corner! Complete drywall interior, vaulted ceilings, exterior painted with Sherwin Williams Paint (2016), new windows in 2015, HVAC (2012) with a new motor in 2015. Reverse Osmosis faucet in the Kitchen. Roof replaced in 2004. All working appliances, furnishings, dishes, cookware, linens and newly renovated (2015) golf cart do convey. Definitely a must see!

30. 2016-04-12
    status Pending 726-char remark

    Show marketing remark (726 chars)

    Located in Orange Blossom Gardens in one of the most sought after areas, within 2 blocks of Orange Blossom Country Club and Paradise Recreation Center. This Cedar Key is 1383 sq. ft. of open spacious living! This model offers one of the largest master bedrooms with double French doors. The patio has been fully enclosed with heat/ air. Beautiful sun porch on the NW corner! Complete drywall interior, vaulted ceilings, exterior painted with Sherwin Williams Paint (2016), new windows in 2015, HVAC (2012) with a new motor in 2015. Reverse Osmosis faucet in the Kitchen. Roof replaced in 2004. All working appliances, furnishings, dishes, cookware, linens and newly renovated (2015) golf cart do convey. Definitely a must see!

31. 2016-03-14
    price $129,900 726-char remark

    Show marketing remark (726 chars)

    Located in Orange Blossom Gardens in one of the most sought after areas, within 2 blocks of Orange Blossom Country Club and Paradise Recreation Center. This Cedar Key is 1383 sq. ft. of open spacious living! This model offers one of the largest master bedrooms with double French doors. The patio has been fully enclosed with heat/ air. Beautiful sun porch on the NW corner! Complete drywall interior, vaulted ceilings, exterior painted with Sherwin Williams Paint (2016), new windows in 2015, HVAC (2012) with a new motor in 2015. Reverse Osmosis faucet in the Kitchen. Roof replaced in 2004. All working appliances, furnishings, dishes, cookware, linens and newly renovated (2015) golf cart do convey. Definitely a must see!

32. 2016-02-19
    listed $143,000 Active 726-char remark

    Show marketing remark (726 chars)

    Located in Orange Blossom Gardens in one of the most sought after areas, within 2 blocks of Orange Blossom Country Club and Paradise Recreation Center. This Cedar Key is 1383 sq. ft. of open spacious living! This model offers one of the largest master bedrooms with double French doors. The patio has been fully enclosed with heat/ air. Beautiful sun porch on the NW corner! Complete drywall interior, vaulted ceilings, exterior painted with Sherwin Williams Paint (2016), new windows in 2015, HVAC (2012) with a new motor in 2015. Reverse Osmosis faucet in the Kitchen. Roof replaced in 2004. All working appliances, furnishings, dishes, cookware, linens and newly renovated (2015) golf cart do convey. Definitely a must see!

33. 2002-06-20
    soldstatus $83,000
34. 1997-10-15
    soldstatus $74,000

ⓘ 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: $3,644 · $304/mo
• Projected year-2 tax: $3,644 · $304/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 6/10 Major FEMA zone X (unshaded) · 74% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥109°F today · 21 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,808
• − Mortgage interest: −$10,755
• − Property taxes: −$3,644
• − Insurance: −$960
• − Repairs & maintenance: −$2,145
• − Management: −$2,145
• − HOA: −$2,388
• − Depreciation: −$5,585
• Taxable loss: −$813
• Est. tax savings @ 24.0%: +$195
• After-tax cash flow: $2,299/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 — Lady Lake

• Score: 69/100
• State rank: #457
• US rank: #8302

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lady Lake, FL
• County: Lake County · 364,602 people
• City population: 32,107
• Metro: Orlando-Kissimmee-Sanford, FL
• Population (ZIP): 32,107
• Household income: $58,518
• Rent vs Own: 17.6% rent · 82.4% own
• Severe rent burden: 1047.0

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: Predominantly White (86%)
• Race & ethnicity: White 86% Hispanic / Latino 6% Two or more races 5% Black 4% Asian 1%
• Hispanic origin (detail): Puerto Rican 3%
• Common ancestry: Romanian 4% Lithuanian 3% Slovak 3%
• Foreign-born: 5% · Canada, Jamaica
• Languages at home: 93% English-only · Spanish 4% German/W. Germanic 1% 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: ▼ -45.24%
• Current HPI: 237.6208
• Rent YoY: ▲ 4.03%
• 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

+159.5% since first listed

21 events — show timeline

• 2026-01-30 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-01-30 Price Changed $192,000 Stellar MLS as Distributed by MLS Grid
• 2026-01-21 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-07-22 Rental Removed — Avail
• 2025-07-21 Listed $195,000 Stellar MLS as Distributed by MLS Grid
• 2025-06-20 Listed for Rent — Avail
• 2023-06-09 Rental Removed — Avail
• 2022-05-06 Sold (Public Records) $185,000 Public Records
• 2022-05-04 Sold (MLS) $185,000 Stellar MLS as Distributed by MLS Grid
• 2022-04-21 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-04-06 Relisted — Stellar MLS as Distributed by MLS Grid
• 2022-04-03 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-03-22 Price Changed $199,900 Stellar MLS as Distributed by MLS Grid
• 2022-03-10 Listed $204,900 Stellar MLS as Distributed by MLS Grid
• 2016-06-07 Sold (Public Records) $129,000 Public Records
• 2016-05-31 Sold (MLS) $129,000 Stellar MLS as Distributed by MLS Grid
• 2016-04-12 Pending — Stellar MLS as Distributed by MLS Grid
• 2016-03-14 Price Changed $129,900 Stellar MLS as Distributed by MLS Grid
• 2016-02-19 Listed $143,000 Stellar MLS as Distributed by MLS Grid
• 2002-06-20 Sold (Public Records) $83,000 Public Records
• 1997-10-15 Sold (Public Records) $74,000 Public Records

Property tax history

+7.8%/yr

Latest (2025): $3,644 · +6.5% YoY. Source: county tax records.