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240 E Glassboro Ct Unit 4A
D- Composite 38.95
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 +10.6/30.0
  • ARV discount +7.5/15.0
  • 1% rule +5.6/10.0
  • Schools +4.1/10.0
  • Livability +3.2/5.0
  • DSCR +3.0/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$165,000

240 E Glassboro Ct Unit 4A · Citrus Hills, FL 34442
2 bd · 2.0 ba · 990 sqft · Condo public records · 477 Days on market
Built 1984 $485/mo HOA · 28% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to easy, maintenance-free living in one of Citrus County’s most established communities! This charming 2-bedroom, 2-bathroom condo in Citrus Hills includes a personal carport and is just steps from the community pool. Inside, tile flooring runs throughout, and the vaulted ceiling with skylight fills the main living area with natural light. The galley-style kitchen features stainless steel appliances, dark cabinetry, and generous counter space. The open living and dining areas create an airy feel, while the primary suite offers a walk-in closet and private bath. A dedicated laundry room adds everyday convenience, and the roof was replaced in 2022 for added peace of mind. Relax on the front patio with your morning coffee or unwind in the enclosed lanai overlooking the serene rear setting, perfect for quiet evenings or entertaining guests. Condo fees include cable, WiFi, water, sewer, and trash, making budgeting simple and stress-free. Whether you’re looking for a full-time residence, seasonal retreat, or smart investment, this home checks the boxes. Just minutes from the Shoppes at Black Diamond (Target, Aldi, Texas Roadhouse, Starbucks) with Sprouts, BJ’s, Planet Fitness, LongHorn Steakhouse, Dick’s Sporting Goods and more coming in 2026 — plus the future Tampa General Hospital. Quick access to the newly improved Hwy 589 puts Tampa International Airport within easy reach. Don’t miss your opportunity to own in the heart of Citrus Hills — schedule your showing today!

Key facts

  • $485 HOA
  • Parking
  • Community pool

Tags

THE ROOF REPLACED IN 2022

Property features AI

Finance

  • Other: Deed-restricted community; Street lights and sidewalks in community; Cats allowed (pets OK)
  • Financial info: Total annual fees $5,820; Lease restrictions apply
  • HOA & community: Monthly condo fee of $485; HOA required (Village Services - Geri Bond); Association amenities: pool, tennis courts, pickleball courts, cable TV; Association fees include: pool, internet, cable TV, sewer, water, trash, pest control, maintenance (grounds & structure), escrow reserves

Exterior

  • Parking: Ground-level guest parking; 1-car carport
  • Utilities: Public water; Public sewer; Electricity connected; Cable available and connected; High-speed internet / broadband available; Underground utilities; Water connected; Sewer connected
  • Home design: Attached condominium; One story; Second-floor unit (Unit 4A in Building 16); Faces northwest
  • Construction: Frame construction with wood siding; Shingle roof; Slab foundation; Building contains multiple units (Building 16)
  • Exterior features: Enclosed patio/porch (Florida room); French doors; Exterior lighting; Sidewalk; Tennis courts (community)

Interior

  • Kitchen: Dishwasher; Range; Microwave; Refrigerator; Disposal; Electric water heater
  • Bedrooms: 2 bedrooms
  • Flooring: Ceramic tile
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Heat pump heating; Central air conditioning
  • Interior features: Cathedral ceilings; Ceiling fans; Living room/dining room combo; Solid surface counters; Solid wood cabinets; Thermostat; Skylight(s)
  • Laundry & utility: Washer; Dryer; Laundry inside

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath condo listed at $165k.

Deal economics

  • At list price, monthly cash flow is $-83 ($-995/yr) — negative.
  • To cash-flow at today's rent, offer at most $150k (8.9% below list).
  • Meets the 1% rule at list price ($2k rent vs $165k).
  • Recommended offer: $145k (12.0% below list) — sets the bar for market timing.
  • Cap rate 5.7% vs local median 2.9% in Citrus Hills — 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 63/100 on livability (#744 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+; Watch: health & safety C-, amenities F, commute F.
  • Citrus (rural): math 49% / reading 50% proficiency, ranked #44 of 73 in FL (top 60%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Forest Ridge Elementary School (math 55% / reading 59%, grade C+, #781 of 2,144 statewide, top 38%, 708 students, 67% FRL); Lecanto Middle School (math 49% / reading 49%, grade C-, #265 of 571 statewide, top 48%, 809 students, 55% FRL); Lecanto High School (math 46% / reading 53%, grade D, #179 of 667 statewide, top 29%, 1,630 students, 46% FRL) — zoned schools at 56% FRL track the district average.
  • Market conditions: 447 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 2,443 units permitted in Citrus County in 2024 (0 in 5+ unit buildings).
  • This rent runs 37% of the median local income ($57k/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 $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
  • Citrus County population projected to shrink 10% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

  • It's been on market 477 days — a 12% lower offer ($145k) is reasonable based on typical stale-listing flexibility.
  • 7 sale attempts since 20y ago; this cycle's ask has dropped $22k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $53k; list at $165k implies a 212% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: HOA is 28% of rent.
  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $145,200 (12.0% 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 477 days. Have you received any prior offers? Is the seller open to a 12% 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. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
  5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  7. 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?
  8. 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?
  9. 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.
  10. 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.
  11. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
1.06%
Cap rate
5.69%
Cash-on-cash
-2.15%
DSCR
0.90
GRM
7.9

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
-19.7%
Equity multiple
0.31×
Total profit
$-31,795
Equity at exit
$24,602
10-year hold
IRR
-12.2%
Equity multiple
0.27×
Total profit
$-33,580
Equity at exit
$14,266

Cash invested: $46,200 (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.

ZIP-level market 34442

Home prices YoY
-21.9%
Active inventory
447
Price-to-rent
7.9×

Monthly cashflow live

Estimated rent
$1,745 medium interval (Pro) →
Mortgage (P&I)
$865
Tax from tax record
$42 /mo · $506/yr
Insurance
$69
HOA
$485
Vacancy / Maint / Mgmt
$366
Net cashflow
$-83

Break-even live

Break-even rent $1,850
Max offer price $150,350
Occupancy floor 100%

Sensitivity live

Price -10% $10 -5% $-36 +0% $-83 +5% $-130 +10% $-176
Rent -10% $-221 -5% $-152 +0% $-83 +5% $-14 +10% $55
Rate -1.0pp $0 -0.5pp $-41 base $-83 +0.5pp $-126 +1.0pp $-169

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
$41,250
Closing costs
$4,950
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 3 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
741 E Hartford St Unit 1A Hernando, FL 2.0 2.0 990 $1,800 $1.82 22d 1 0.55mi
791 E Hartford St Unit 5 A Hernando, FL 2.0 2.0 990 $1,650 $1.67 22d 1 0.61mi
2280 N Hardee Pt Hernando, FL 2.0 2.0 1118 $1,700 $1.52 22d 1 0.67mi

HOA detail condo

Monthly dues
$485 · $5,820/yr
Likely covers
watersewertrashinternetcablepool
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 32 events

  1. 2026-06-21
    days on market $165,000 Active 477 DOM
  2. 2026-06-19
    days on market $165,000 Active 475 DOM
  3. 2026-06-18
    days on market $165,000 Active 474 DOM
  4. 2026-06-17
    days on market $165,000 Active 473 DOM
  5. 2026-06-16
    days on market $165,000 Active 472 DOM
  6. 2026-06-15
    days on market $165,000 Active 471 DOM
  7. 2026-06-14
    days on market $165,000 Active 469 DOM
  8. 2026-06-13
    days on market $165,000 Active 468 DOM
  9. 2026-06-09
    days on market $165,000 Active 465 DOM
  10. 2026-06-08
    days on market $165,000 Active 464 DOM
  11. 2026-06-03
    days on market $165,000 Active 459 DOM
  12. 2026-06-02
    days on market $165,000 Active 458 DOM
  13. 2026-06-01
    days on market $165,000 Active 457 DOM
  14. 2026-05-31
    days on market $165,000 Active 456 DOM
  15. 2026-05-30
    days on market $165,000 Active 455 DOM
  16. 2025-09-19
    status Active 1538-char remark
    Show marketing remark (1538 chars)

    Welcome to easy, maintenance-free living in one of Citrus County’s most established communities! This charming 2-bedroom, 2-bathroom condo in Citrus Hills includes a personal carport and is just steps from the community pool. Inside, tile flooring runs throughout, and the vaulted ceiling with skylight fills the main living area with natural light. The galley-style kitchen features stainless steel appliances, dark cabinetry, and generous counter space. The open living and dining areas create an airy feel, while the primary suite offers a walk-in closet and private bath. A dedicated laundry room adds everyday convenience, and the roof was replaced in 2022 for added peace of mind. Relax on the front patio with your morning coffee or unwind in the enclosed lanai overlooking the serene rear setting, perfect for quiet evenings or entertaining guests. Condo fees include cable, WiFi, water, sewer, and trash, making budgeting simple and stress-free. Whether you’re looking for a full-time residence, seasonal retreat, or smart investment, this home checks the boxes. Just minutes from the Shoppes at Black Diamond (Target, Aldi, Texas Roadhouse, Starbucks) with Sprouts, BJ’s, Planet Fitness, LongHorn Steakhouse, Dick’s Sporting Goods and more coming in 2026 — plus the future Tampa General Hospital. Quick access to the newly improved Hwy 589 puts Tampa International Airport within easy reach. Don’t miss your opportunity to own in the heart of Citrus Hills — schedule your showing today!

  17. 2025-09-19
    price $165,000 1538-char remark
    Show marketing remark (1538 chars)

    Welcome to easy, maintenance-free living in one of Citrus County’s most established communities! This charming 2-bedroom, 2-bathroom condo in Citrus Hills includes a personal carport and is just steps from the community pool. Inside, tile flooring runs throughout, and the vaulted ceiling with skylight fills the main living area with natural light. The galley-style kitchen features stainless steel appliances, dark cabinetry, and generous counter space. The open living and dining areas create an airy feel, while the primary suite offers a walk-in closet and private bath. A dedicated laundry room adds everyday convenience, and the roof was replaced in 2022 for added peace of mind. Relax on the front patio with your morning coffee or unwind in the enclosed lanai overlooking the serene rear setting, perfect for quiet evenings or entertaining guests. Condo fees include cable, WiFi, water, sewer, and trash, making budgeting simple and stress-free. Whether you’re looking for a full-time residence, seasonal retreat, or smart investment, this home checks the boxes. Just minutes from the Shoppes at Black Diamond (Target, Aldi, Texas Roadhouse, Starbucks) with Sprouts, BJ’s, Planet Fitness, LongHorn Steakhouse, Dick’s Sporting Goods and more coming in 2026 — plus the future Tampa General Hospital. Quick access to the newly improved Hwy 589 puts Tampa International Airport within easy reach. Don’t miss your opportunity to own in the heart of Citrus Hills — schedule your showing today!

  18. 2025-09-19
    status Active
    Show marketing remark (1538 chars)

    Welcome to easy, maintenance-free living in one of Citrus County’s most established communities! This charming 2-bedroom, 2-bathroom condo in Citrus Hills includes a personal carport and is just steps from the community pool. Inside, tile flooring runs throughout, and the vaulted ceiling with skylight fills the main living area with natural light. The galley-style kitchen features stainless steel appliances, dark cabinetry, and generous counter space. The open living and dining areas create an airy feel, while the primary suite offers a walk-in closet and private bath. A dedicated laundry room adds everyday convenience, and the roof was replaced in 2022 for added peace of mind. Relax on the front patio with your morning coffee or unwind in the enclosed lanai overlooking the serene rear setting, perfect for quiet evenings or entertaining guests. Condo fees include cable, WiFi, water, sewer, and trash, making budgeting simple and stress-free. Whether you’re looking for a full-time residence, seasonal retreat, or smart investment, this home checks the boxes. Just minutes from the Shoppes at Black Diamond (Target, Aldi, Texas Roadhouse, Starbucks) with Sprouts, BJ’s, Planet Fitness, LongHorn Steakhouse, Dick’s Sporting Goods and more coming in 2026 — plus the future Tampa General Hospital. Quick access to the newly improved Hwy 589 puts Tampa International Airport within easy reach. Don’t miss your opportunity to own in the heart of Citrus Hills — schedule your showing today!

  19. 2025-09-19
    price $165,000
    Show marketing remark (1538 chars)

    Welcome to easy, maintenance-free living in one of Citrus County’s most established communities! This charming 2-bedroom, 2-bathroom condo in Citrus Hills includes a personal carport and is just steps from the community pool. Inside, tile flooring runs throughout, and the vaulted ceiling with skylight fills the main living area with natural light. The galley-style kitchen features stainless steel appliances, dark cabinetry, and generous counter space. The open living and dining areas create an airy feel, while the primary suite offers a walk-in closet and private bath. A dedicated laundry room adds everyday convenience, and the roof was replaced in 2022 for added peace of mind. Relax on the front patio with your morning coffee or unwind in the enclosed lanai overlooking the serene rear setting, perfect for quiet evenings or entertaining guests. Condo fees include cable, WiFi, water, sewer, and trash, making budgeting simple and stress-free. Whether you’re looking for a full-time residence, seasonal retreat, or smart investment, this home checks the boxes. Just minutes from the Shoppes at Black Diamond (Target, Aldi, Texas Roadhouse, Starbucks) with Sprouts, BJ’s, Planet Fitness, LongHorn Steakhouse, Dick’s Sporting Goods and more coming in 2026 — plus the future Tampa General Hospital. Quick access to the newly improved Hwy 589 puts Tampa International Airport within easy reach. Don’t miss your opportunity to own in the heart of Citrus Hills — schedule your showing today!

  20. 2025-06-18
    historical 1538-char remark
    Show marketing remark (1538 chars)

    Welcome to easy, maintenance-free living in one of Citrus County’s most established communities! This charming 2-bedroom, 2-bathroom condo in Citrus Hills includes a personal carport and is just steps from the community pool. Inside, tile flooring runs throughout, and the vaulted ceiling with skylight fills the main living area with natural light. The galley-style kitchen features stainless steel appliances, dark cabinetry, and generous counter space. The open living and dining areas create an airy feel, while the primary suite offers a walk-in closet and private bath. A dedicated laundry room adds everyday convenience, and the roof was replaced in 2022 for added peace of mind. Relax on the front patio with your morning coffee or unwind in the enclosed lanai overlooking the serene rear setting, perfect for quiet evenings or entertaining guests. Condo fees include cable, WiFi, water, sewer, and trash, making budgeting simple and stress-free. Whether you’re looking for a full-time residence, seasonal retreat, or smart investment, this home checks the boxes. Just minutes from the Shoppes at Black Diamond (Target, Aldi, Texas Roadhouse, Starbucks) with Sprouts, BJ’s, Planet Fitness, LongHorn Steakhouse, Dick’s Sporting Goods and more coming in 2026 — plus the future Tampa General Hospital. Quick access to the newly improved Hwy 589 puts Tampa International Airport within easy reach. Don’t miss your opportunity to own in the heart of Citrus Hills — schedule your showing today!

  21. 2025-04-11
    price $179,900 1538-char remark
    Show marketing remark (1538 chars)

    Welcome to easy, maintenance-free living in one of Citrus County’s most established communities! This charming 2-bedroom, 2-bathroom condo in Citrus Hills includes a personal carport and is just steps from the community pool. Inside, tile flooring runs throughout, and the vaulted ceiling with skylight fills the main living area with natural light. The galley-style kitchen features stainless steel appliances, dark cabinetry, and generous counter space. The open living and dining areas create an airy feel, while the primary suite offers a walk-in closet and private bath. A dedicated laundry room adds everyday convenience, and the roof was replaced in 2022 for added peace of mind. Relax on the front patio with your morning coffee or unwind in the enclosed lanai overlooking the serene rear setting, perfect for quiet evenings or entertaining guests. Condo fees include cable, WiFi, water, sewer, and trash, making budgeting simple and stress-free. Whether you’re looking for a full-time residence, seasonal retreat, or smart investment, this home checks the boxes. Just minutes from the Shoppes at Black Diamond (Target, Aldi, Texas Roadhouse, Starbucks) with Sprouts, BJ’s, Planet Fitness, LongHorn Steakhouse, Dick’s Sporting Goods and more coming in 2026 — plus the future Tampa General Hospital. Quick access to the newly improved Hwy 589 puts Tampa International Airport within easy reach. Don’t miss your opportunity to own in the heart of Citrus Hills — schedule your showing today!

  22. 2025-04-11
    price $179,900
    Show marketing remark (1538 chars)

    Welcome to easy, maintenance-free living in one of Citrus County’s most established communities! This charming 2-bedroom, 2-bathroom condo in Citrus Hills includes a personal carport and is just steps from the community pool. Inside, tile flooring runs throughout, and the vaulted ceiling with skylight fills the main living area with natural light. The galley-style kitchen features stainless steel appliances, dark cabinetry, and generous counter space. The open living and dining areas create an airy feel, while the primary suite offers a walk-in closet and private bath. A dedicated laundry room adds everyday convenience, and the roof was replaced in 2022 for added peace of mind. Relax on the front patio with your morning coffee or unwind in the enclosed lanai overlooking the serene rear setting, perfect for quiet evenings or entertaining guests. Condo fees include cable, WiFi, water, sewer, and trash, making budgeting simple and stress-free. Whether you’re looking for a full-time residence, seasonal retreat, or smart investment, this home checks the boxes. Just minutes from the Shoppes at Black Diamond (Target, Aldi, Texas Roadhouse, Starbucks) with Sprouts, BJ’s, Planet Fitness, LongHorn Steakhouse, Dick’s Sporting Goods and more coming in 2026 — plus the future Tampa General Hospital. Quick access to the newly improved Hwy 589 puts Tampa International Airport within easy reach. Don’t miss your opportunity to own in the heart of Citrus Hills — schedule your showing today!

  23. 2024-12-18
    status Active 1538-char remark
    Show marketing remark (1538 chars)

    Welcome to easy, maintenance-free living in one of Citrus County’s most established communities! This charming 2-bedroom, 2-bathroom condo in Citrus Hills includes a personal carport and is just steps from the community pool. Inside, tile flooring runs throughout, and the vaulted ceiling with skylight fills the main living area with natural light. The galley-style kitchen features stainless steel appliances, dark cabinetry, and generous counter space. The open living and dining areas create an airy feel, while the primary suite offers a walk-in closet and private bath. A dedicated laundry room adds everyday convenience, and the roof was replaced in 2022 for added peace of mind. Relax on the front patio with your morning coffee or unwind in the enclosed lanai overlooking the serene rear setting, perfect for quiet evenings or entertaining guests. Condo fees include cable, WiFi, water, sewer, and trash, making budgeting simple and stress-free. Whether you’re looking for a full-time residence, seasonal retreat, or smart investment, this home checks the boxes. Just minutes from the Shoppes at Black Diamond (Target, Aldi, Texas Roadhouse, Starbucks) with Sprouts, BJ’s, Planet Fitness, LongHorn Steakhouse, Dick’s Sporting Goods and more coming in 2026 — plus the future Tampa General Hospital. Quick access to the newly improved Hwy 589 puts Tampa International Airport within easy reach. Don’t miss your opportunity to own in the heart of Citrus Hills — schedule your showing today!

  24. 2024-12-17
    historical 1538-char remark
    Show marketing remark (1538 chars)

    Welcome to easy, maintenance-free living in one of Citrus County’s most established communities! This charming 2-bedroom, 2-bathroom condo in Citrus Hills includes a personal carport and is just steps from the community pool. Inside, tile flooring runs throughout, and the vaulted ceiling with skylight fills the main living area with natural light. The galley-style kitchen features stainless steel appliances, dark cabinetry, and generous counter space. The open living and dining areas create an airy feel, while the primary suite offers a walk-in closet and private bath. A dedicated laundry room adds everyday convenience, and the roof was replaced in 2022 for added peace of mind. Relax on the front patio with your morning coffee or unwind in the enclosed lanai overlooking the serene rear setting, perfect for quiet evenings or entertaining guests. Condo fees include cable, WiFi, water, sewer, and trash, making budgeting simple and stress-free. Whether you’re looking for a full-time residence, seasonal retreat, or smart investment, this home checks the boxes. Just minutes from the Shoppes at Black Diamond (Target, Aldi, Texas Roadhouse, Starbucks) with Sprouts, BJ’s, Planet Fitness, LongHorn Steakhouse, Dick’s Sporting Goods and more coming in 2026 — plus the future Tampa General Hospital. Quick access to the newly improved Hwy 589 puts Tampa International Airport within easy reach. Don’t miss your opportunity to own in the heart of Citrus Hills — schedule your showing today!

  25. 2024-11-27
    listed $186,900 Active 1538-char remark
    Show marketing remark (1538 chars)

    Welcome to easy, maintenance-free living in one of Citrus County’s most established communities! This charming 2-bedroom, 2-bathroom condo in Citrus Hills includes a personal carport and is just steps from the community pool. Inside, tile flooring runs throughout, and the vaulted ceiling with skylight fills the main living area with natural light. The galley-style kitchen features stainless steel appliances, dark cabinetry, and generous counter space. The open living and dining areas create an airy feel, while the primary suite offers a walk-in closet and private bath. A dedicated laundry room adds everyday convenience, and the roof was replaced in 2022 for added peace of mind. Relax on the front patio with your morning coffee or unwind in the enclosed lanai overlooking the serene rear setting, perfect for quiet evenings or entertaining guests. Condo fees include cable, WiFi, water, sewer, and trash, making budgeting simple and stress-free. Whether you’re looking for a full-time residence, seasonal retreat, or smart investment, this home checks the boxes. Just minutes from the Shoppes at Black Diamond (Target, Aldi, Texas Roadhouse, Starbucks) with Sprouts, BJ’s, Planet Fitness, LongHorn Steakhouse, Dick’s Sporting Goods and more coming in 2026 — plus the future Tampa General Hospital. Quick access to the newly improved Hwy 589 puts Tampa International Airport within easy reach. Don’t miss your opportunity to own in the heart of Citrus Hills — schedule your showing today!

  26. 2024-11-27
    listed $186,900 Active
    Show marketing remark (1538 chars)

    Welcome to easy, maintenance-free living in one of Citrus County’s most established communities! This charming 2-bedroom, 2-bathroom condo in Citrus Hills includes a personal carport and is just steps from the community pool. Inside, tile flooring runs throughout, and the vaulted ceiling with skylight fills the main living area with natural light. The galley-style kitchen features stainless steel appliances, dark cabinetry, and generous counter space. The open living and dining areas create an airy feel, while the primary suite offers a walk-in closet and private bath. A dedicated laundry room adds everyday convenience, and the roof was replaced in 2022 for added peace of mind. Relax on the front patio with your morning coffee or unwind in the enclosed lanai overlooking the serene rear setting, perfect for quiet evenings or entertaining guests. Condo fees include cable, WiFi, water, sewer, and trash, making budgeting simple and stress-free. Whether you’re looking for a full-time residence, seasonal retreat, or smart investment, this home checks the boxes. Just minutes from the Shoppes at Black Diamond (Target, Aldi, Texas Roadhouse, Starbucks) with Sprouts, BJ’s, Planet Fitness, LongHorn Steakhouse, Dick’s Sporting Goods and more coming in 2026 — plus the future Tampa General Hospital. Quick access to the newly improved Hwy 589 puts Tampa International Airport within easy reach. Don’t miss your opportunity to own in the heart of Citrus Hills — schedule your showing today!

  27. 2014-07-15
    soldstatus $52,900
  28. 2014-02-10
    soldstatus $52,750 522-char remark
    Show marketing remark (522 chars)

    NO STEPS! Grab this sought after Corner unit and have the heated condo lap pool only a few steps away. But you get so much more than just the perfect location. Brand new gorgeous laminate flooring, Washer/Dryer included, smooth top range, designer bull-nosed counters, additional shelving in closets & utility room. And in case you didn't notice, a low low price Too! Last but not least, this unit comes with a Club membership for it's lucky new owner. Do you feel lucky? If so, you need to Snap this one up quick.

  29. 2013-10-02
    listed $54,500 522-char remark
    Show marketing remark (522 chars)

    NO STEPS! Grab this sought after Corner unit and have the heated condo lap pool only a few steps away. But you get so much more than just the perfect location. Brand new gorgeous laminate flooring, Washer/Dryer included, smooth top range, designer bull-nosed counters, additional shelving in closets & utility room. And in case you didn't notice, a low low price Too! Last but not least, this unit comes with a Club membership for it's lucky new owner. Do you feel lucky? If so, you need to Snap this one up quick.

  30. 2006-12-22
    soldstatus $116,000
  31. 2006-04-26
    listed $124,000
  32. 1984-11-01
    soldstatus $63,900

ⓘ 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
$506 · $42/mo
Projected year-2 tax
$1,370 · $114/mo
Expected delta
+$864/yr (+$72/mo · 170.7%)

ⓘ 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 1/10 Low
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥108°F today · 25 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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$20,936
− Mortgage interest
−$9,243
− Property taxes
−$506
− Insurance
−$825
− Repairs & maintenance
−$1,675
− Management
−$1,675
− HOA
−$5,820
− Depreciation
−$4,800
Taxable loss
−$3,608
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$866
After-tax cash flow
$-129/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
Citrus
NCES district ID
1200270
Math proficiency
49% ▼ -10.00%
Reading proficiency
50% ▼ -6.00%
Median HH income
$38,618
Composite
41.28/100
National rank
#3519
State rank
#44 of 73 in FL

Livability — Citrus Hills

Score
63/100
State rank
#744
US rank
#16030

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Citrus Hills, FL
County
Citrus County · 111,314 people
Metro
Homosassa Springs, FL
Population (ZIP)
17,281
Household income
$57,259
Rent vs Own
12.9% rent · 87.1% own
Severe rent burden
314.0

Population outlook (Citrus County) Hauer SSP2

Today (2025)
138,622 people
By 2030
136,886 · -1.3%
By 2040
132,009 · -4.8%
By 2050
125,196 · -9.7%
By 2075
108,570 · -21.7%
By 2100
84,454 · -39.1%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (90%)
Race & ethnicity
White 90% Hispanic / Latino 4% Two or more races 3% Asian 2% Black 2%
Common ancestry
Romanian 4% Slovak 4% Lithuanian 3%
Foreign-born
8% · Canada, China, South Korea
Languages at home
93% English-only · Spanish 3% German/W. Germanic 2% Tagalog/Filipino 1%

Political lean MEDSL · Citrus

2024 margin
Solid R (+45.9) · D 26.8% · R 72.6%
2008→2024 swing
-29.8pp toward R · 2008: -16.1pp · 2024: -45.9pp
All cycles
2024: R+45.9 2020: R+41.0 2016: R+39.7 2012: R+21.9 2008: R+16.1

Not yet ingested

Civics

Market trends

HPI YoY
▼ -76.70%
Current HPI
273.3262
Rent YoY
Metro
Homosassa Springs, FL
State GDP YoY
▲ 3.28%
F500 in state
36

Industry mix (Fortune 500 HQ in FL)

Industry F500 HQs Revenue

Price history

+158.2% since first listed
17 events — show timeline
  • 2025-09-19 Relisted RACC
  • 2025-09-19 Price Changed $165,000 RACC
  • 2025-09-19 Relisted Stellar MLS as Distributed by MLS Grid
  • 2025-09-19 Price Changed $165,000 Stellar MLS as Distributed by MLS Grid
  • 2025-06-18 Delisted RACC
  • 2025-04-11 Price Changed $179,900 RACC
  • 2025-04-11 Price Changed $179,900 Stellar MLS as Distributed by MLS Grid
  • 2024-12-18 Relisted RACC
  • 2024-12-17 Delisted RACC
  • 2024-11-27 Listed $186,900 Stellar MLS as Distributed by MLS Grid
  • 2024-11-27 Listed $186,900 RACC
  • 2014-07-15 Sold (Public Records) $52,900 Public Records
  • 2014-02-10 Sold (MLS) $52,750 RACC
  • 2013-10-02 Listed $54,500 RACC
  • 2006-12-22 Sold (MLS) $116,000 RACC
  • 2006-04-26 Listed $124,000 RACC
  • 1984-11-01 Sold (Public Records) $63,900 Public Records

Property tax history

+2.3%/yr

Latest (2025): $506 · +12.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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