14088 SE 59th Ave · Belleview, FL 34491

$138,000

3 bd · 2.0 ba · 1,175 sqft · Manufactured public records · 32 Days on market

Built 2010 0.28 ac lot Est $175k · 21% under

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Why this score? — see what drove the B+ 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 +29.8/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +8.7/10.0
• Schools +3.6/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This is a very nice updated manufactured home that is located in a convenient location between The Villages and Ocala. Has new roof and windows, including easy-clean fold-in windows, add to the energy efficiency and convenience of the home. The Generac generator provides peace of mind in case of power outages. The vinyl wood flooring and one-piece tub and shower combinations in the bathrooms are additional updates. The kitchen is well-equipped with see-through hanging cabinets and all appliances included. The home also has a fenced yard with a front gate, a new front door with a storm door, a large driveway with a two-space carport, outdoor lighting and plants, and a large shed for storage. The nice size yard is perfect for entertaining.

Key facts

• Large family room
• Large shed
• Fully fenced yard

Tags

• DOUBLEWIDE MOBILE HOME
• BELLEVIEW HILLS ESTATE
• LARGE FAMILY ROOM
• FULLY FENCED YARD
• LARGE SHED
• PLENTY OF CABINET STORAGE

Property features AI

Finance

• Other: Unfurnished; One septic system; Living area approximately 1,175 sq ft
• HOA & community: No association; Pets allowed

Exterior

• Parking: Covered driveway; Carport with 2 spaces
• Utilities: Public water; Septic tank sewer; Electricity connected; Water connected
• Home design: Manufactured double-wide home; Single-story; East-facing; Entry level: One
• Construction: Vinyl siding; Shingle roof; Pillar/post/pier foundation; Built as manufactured home
• Exterior features: Chain link fencing; Paved road access; Lot dimensions approximately 100 x 120; Lot about 0.28 acres (1/4 to less than 1/2 acre)

Interior

• Kitchen: Dishwasher; Microwave; Refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Carpet; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans; Kitchen/family room combo; Storage
• Laundry & utility: Laundry area (other)

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $138k.

Deal economics

• At list price, monthly cash flow is $508 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $138k).
• Recommended offer: $134k (3.0% below list) — sets the bar for market timing.
• Cap rate 10.7% vs local median 4.5% in Belleview — 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 (#458 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime F, amenities F, commute F.
• Marion (rural): math 42% / reading 43% proficiency, ranked #61 of 73 in FL (top 84%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 61% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Harbour View Elementary School (math 41% / reading 38%, grade F, #1,513 of 2,144 statewide, top 73%, 819 students, 71% FRL); Belleview High School (math 31% / reading 46%, grade F, #321 of 667 statewide, top 49%, 1,783 students, 56% FRL) — zoned schools at 64% FRL track the district average.
• Market conditions: 705 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 7,071 units permitted in Marion County in 2024 (534 in 5+ unit buildings).
• This rent runs 34% of the median local income ($67k/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 $954 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Marion County population projected at +13% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $39k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 32 days — a 3% lower offer ($134k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 15y 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; moderate 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 $133,860 (3.0% below list)

Questions for the listing agent

1. It's been on market 32 days. Have you received any prior offers? Is the seller open to a 3% 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. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 1.37% ✓
• Cap rate: 10.71%
• Cash-on-cash: 15.78%
• DSCR: 1.70
• GRM: 6.1

CMA / ARV

• ARV (on-the-fly): $175,075
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
14127 SE 62nd Ct	0.30mi	3/2.0	1,216 (+4%)	4mo	$181,000	$149	77

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 6.7%
• Equity multiple: 1.26×
• Total profit: $10,044
• Equity at exit: $20,576

10-year hold

• IRR: 16.0%
• Equity multiple: 2.31×
• Total profit: $50,616
• Equity at exit: $11,932

Cash invested: $38,640 (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 34491

• Home prices YoY: -35.0%
• Active inventory: 705
• Price-to-rent: 6.1×

Monthly cashflow live

• Estimated rent: $1,897 medium
• Mortgage (P&I): −$724
• Tax from tax record: −$210 /mo · $2,517/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$398
• Net cashflow: $508

Break-even live

Break-even rent $1,254

Max offer price $138,000

Occupancy floor 68%

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: $34,500
• Closing costs: $4,140
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
14025 SE 54th Ct Summerfield, FL	2.0	1.5	1008	$1,500	$1.49	13d	1	0.44mi
13678 SE 55th Ave Summerfield, FL	3.0	2.0	960	$1,499	$1.56	21d	1	0.59mi
13705 SE 54th Ct Summerfield, FL	3.0	2.0	1416	$1,895	$1.34	21d	1	0.60mi
13609 SE 53rd Ave Summerfield, FL	3.0	2.0	1270	$1,940	$1.53	21d	1	0.75mi

Listing history 31 events

1. 2026-06-18
   days on market $138,000 Active 32 DOM
2. 2026-06-17
   days on market $138,000 Active 31 DOM
3. 2026-06-16
   days on market $138,000 Active 30 DOM
4. 2026-06-15
   days on market $138,000 Active 29 DOM
5. 2026-06-14
   days on market $138,000 Active 27 DOM
6. 2026-06-13
   days on market $138,000 Active 26 DOM
7. 2026-06-10
   days on market $138,000 Active 24 DOM
8. 2026-06-09
   days on market $138,000 Active 23 DOM
9. 2026-06-08
   days on market $138,000 Active 22 DOM
10. 2026-06-07
    days on market $138,000 Active 21 DOM
11. 2026-06-03
    days on market $138,000 Active 17 DOM
12. 2026-06-02
    days on market $138,000 Active 16 DOM
13. 2026-06-01
    days on market $138,000 Active 15 DOM
14. 2026-05-31
    days on market $138,000 Active 14 DOM
15. 2026-05-30
    days on market $138,000 Active 13 DOM
16. 2026-05-18
    listed $138,000 Active
17. 2023-03-31
    soldstatus $180,000 Closed 747-char remark

    Show marketing remark (747 chars)

    This is a very nice updated manufactured home that is located in a convenient location between The Villages and Ocala. Has new roof and windows, including easy-clean fold-in windows, add to the energy efficiency and convenience of the home. The Generac generator provides peace of mind in case of power outages. The vinyl wood flooring and one-piece tub and shower combinations in the bathrooms are additional updates. The kitchen is well-equipped with see-through hanging cabinets and all appliances included. The home also has a fenced yard with a front gate, a new front door with a storm door, a large driveway with a two-space carport, outdoor lighting and plants, and a large shed for storage. The nice size yard is perfect for entertaining.

18. 2023-02-16
    status Pending 747-char remark

    Show marketing remark (747 chars)

    This is a very nice updated manufactured home that is located in a convenient location between The Villages and Ocala. Has new roof and windows, including easy-clean fold-in windows, add to the energy efficiency and convenience of the home. The Generac generator provides peace of mind in case of power outages. The vinyl wood flooring and one-piece tub and shower combinations in the bathrooms are additional updates. The kitchen is well-equipped with see-through hanging cabinets and all appliances included. The home also has a fenced yard with a front gate, a new front door with a storm door, a large driveway with a two-space carport, outdoor lighting and plants, and a large shed for storage. The nice size yard is perfect for entertaining.

19. 2023-01-30
    listed $179,900 Active 747-char remark

    Show marketing remark (747 chars)

    This is a very nice updated manufactured home that is located in a convenient location between The Villages and Ocala. Has new roof and windows, including easy-clean fold-in windows, add to the energy efficiency and convenience of the home. The Generac generator provides peace of mind in case of power outages. The vinyl wood flooring and one-piece tub and shower combinations in the bathrooms are additional updates. The kitchen is well-equipped with see-through hanging cabinets and all appliances included. The home also has a fenced yard with a front gate, a new front door with a storm door, a large driveway with a two-space carport, outdoor lighting and plants, and a large shed for storage. The nice size yard is perfect for entertaining.

20. 2013-04-15
    soldstatus $9,000 176-char remark

    Show marketing remark (176 chars)

    NICE LEVEL MOBILE HOME LOT WITH IMPROVEMENTS INCLUDING SEPTIC, CHAIN LINK FENCED, CARPORT AND CONCRETE DRIVEWAY. IMPACT FEES WAIVED. NOW IS THE TIME TO BUY - PRICES WILL GO UP.

21. 2013-04-15
    soldstatus $9,000

    Show marketing remark (176 chars)

    NICE LEVEL MOBILE HOME LOT WITH IMPROVEMENTS INCLUDING SEPTIC, CHAIN LINK FENCED, CARPORT AND CONCRETE DRIVEWAY. IMPACT FEES WAIVED. NOW IS THE TIME TO BUY - PRICES WILL GO UP.

22. 2012-10-12
    listed $11,900 176-char remark

    Show marketing remark (176 chars)

    NICE LEVEL MOBILE HOME LOT WITH IMPROVEMENTS INCLUDING SEPTIC, CHAIN LINK FENCED, CARPORT AND CONCRETE DRIVEWAY. IMPACT FEES WAIVED. NOW IS THE TIME TO BUY - PRICES WILL GO UP.

23. 2012-10-12
    listed $11,900

    Show marketing remark (176 chars)

    NICE LEVEL MOBILE HOME LOT WITH IMPROVEMENTS INCLUDING SEPTIC, CHAIN LINK FENCED, CARPORT AND CONCRETE DRIVEWAY. IMPACT FEES WAIVED. NOW IS THE TIME TO BUY - PRICES WILL GO UP.

24. 2012-09-23
    historical
25. 2012-03-23
    listed $14,900
26. 2011-11-16
    soldstatus $2,500
27. 2011-09-29
    listed $5,000
28. 2011-09-28
    historical
29. 2011-03-22
    listed $21,900
30. 2005-07-11
    soldstatus $43,700
31. 2002-04-25
    soldstatus $44,000

ⓘ 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: $2,517 · $210/mo
• Projected year-2 tax: $2,517 · $210/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 5/10 Major
• 🌡 Heat 9/10 Extreme 7 d/yr ≥109°F today · 22 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,768
• − Mortgage interest: −$7,730
• − Property taxes: −$2,517
• − Insurance: −$690
• − Repairs & maintenance: −$1,821
• − Management: −$1,821
• − Depreciation: −$4,015
• Taxable income: $4,174
• Est. tax owed @ 24.0%: −$1,002
• After-tax cash flow: $5,094/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: Marion
• NCES district ID: 1201260
• Math proficiency: 42% ▼ -7.00%
• Reading proficiency: 43% ▼ -4.00%
• Median HH income: $40,015
• Composite: 35.61/100
• National rank: #4890
• State rank: #61 of 73 in FL

Livability — Belleview

• Score: 69/100
• State rank: #458
• US rank: #8314

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Marion County · 315,796 people
• City population: 19,167
• Metro: Ocala, FL
• Population (ZIP): 33,318
• Household income: $66,679
• Rent vs Own: 13.2% rent · 86.8% own
• Severe rent burden: 256.0

Population outlook (Marion County) Hauer SSP2

• Today (2025): 365,905 people
• By 2030: 376,768 · +3.0%
• By 2040: 396,555 · +8.4%
• By 2050: 412,723 · +12.8%
• By 2075: 446,090 · +21.9%
• By 2100: 436,193 · +19.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (77%)
• Race & ethnicity: White 77% Hispanic / Latino 14% Two or more races 9% Black 4% Asian 2%
• Hispanic origin (detail): Mexican 3% Puerto Rican 6% Cuban 1%
• Common ancestry: Lithuanian 3% Slovak 2% Romanian 2%
• Foreign-born: 8% · Canada, Vietnam, Jamaica
• Languages at home: 85% English-only · Spanish 11% Vietnamese 1% French/Haitian/Cajun 1%

Political lean MEDSL · Marion

• 2024 margin: Solid R (+31.6) · D 33.8% · R 65.5%
• 2008→2024 swing: -20.0pp toward R · 2008: -11.6pp · 2024: -31.6pp
• All cycles: 2024: R+31.6 2020: R+25.9 2016: R+26.2 2012: R+16.2 2008: R+11.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -107.67%
• Current HPI: 200.0792
• Rent YoY: —
• Metro: Ocala, 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

+213.6% since first listed

16 events — show timeline

• 2026-05-18 Listed $138,000 Stellar MLS as Distributed by MLS Grid
• 2023-03-31 Sold (MLS) $180,000 Stellar MLS as Distributed by MLS Grid
• 2023-02-16 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-01-30 Listed $179,900 Stellar MLS as Distributed by MLS Grid
• 2013-04-15 Sold (MLS) $9,000 Stellar MLS as Distributed by MLS Grid
• 2013-04-15 Sold (MLS) $9,000 Stellar MLS as Distributed by MLS Grid
• 2012-10-12 Listed $11,900 Stellar MLS as Distributed by MLS Grid
• 2012-10-12 Listed $11,900 Stellar MLS as Distributed by MLS Grid
• 2012-09-23 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2012-03-23 Listed $14,900 Stellar MLS as Distributed by MLS Grid
• 2011-11-16 Sold (MLS) $2,500 Stellar MLS as Distributed by MLS Grid
• 2011-09-29 Listed $5,000 Stellar MLS as Distributed by MLS Grid
• 2011-09-28 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2011-03-22 Listed $21,900 Stellar MLS as Distributed by MLS Grid
• 2005-07-11 Sold (Public Records) $43,700 Public Records
• 2002-04-25 Sold (Public Records) $44,000 Public Records

Property tax history

+7.9%/yr

Latest (2025): $2,517 · +9.2% YoY. Source: county tax records.