3125 E Michael St · Inverness Highlands North, FL 34453

$269,900

4 bd · 2.0 ba · 1,867 sqft · Land · 173 Days on market

Built 2026 0.28 ac lot

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Why this score? — see what drove the F 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 +9.4/30.0
• ARV discount +7.5/15.0
• Schools +4.1/10.0
• Livability +3.2/5.0
• 1% rule +2.8/10.0
• DSCR +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Under Construction - Ready IN MARCH! Welcome to The Orchid - Spacious, Stylish Living Step inside The Orchid through a cozy foyer that leads into a bright, open floor plan filled with endless possibilities. The spacious great room flows seamlessly into the dining area and large kitchen-complete with a generous island perfect for meal prep and entertaining. Featuring four bedrooms and two bathrooms, this home is thoughtfully designed for large or growing families. The private owner's suite is tucked away at the back of the house and includes a large walk-in closet and a relaxing bathroom retreat. With 1,867 finished square feet, there's plenty of room for everyone to live, work, and play comfortably. The kitchen opens to a patio area, extending your living space outdoors for gatherings or quiet relaxation. The laundry room is conveniently located near the three additional bedrooms, all positioned at the front of the home for privacy and easy access. The Orchid also includes a 2-car garage, perfectly sized for two vehicles-or one vehicle plus a workspace or storage area to fit your lifestyle. Personalize your new home by choosing from a variety of color packages that match your style. Schedule a tour with one of our representatives today and visit our model home to discover why Maronda Homes is the right builder for you!

Key facts

• Quartz countertops
• Split-bedroom layout
• Large island

Tags

• OVERSIZED LOT
• MODERN KITCHEN
• QUARTZ COUNTERTOPS
• LARGE ISLAND
• EXTENDED PATIO
• SPLIT-BEDROOM LAYOUT

Property features AI

Finance

• Other: Zoning: MDR; Lot roughly 0.28 acres (1/4 to less than 1/2 acre); Builder license CRC 56762.00
• HOA & community: Association: C/O Maronda Homes; Pets allowed

Exterior

• Parking: Attached 2-car garage (19 x 21) with garage door opener; Driveway
• Security: Smoke detector(s)
• Utilities: Well water; Septic tank; Cable available; Electric service
• Home design: Single family residence; New construction (projected completion September 1, 2026); One story; South-facing
• Construction: Block and stucco construction; Shingle/other roof; Slab foundation; Built by Maronda Homes (model: Orchid)
• Exterior features: Patio; Sliding doors; Landscaped grounds; Oversized lot; Paved road access; Irrigation equipment

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Range; Refrigerator; Electric water heater
• Bedrooms: 4 bedrooms
• Flooring: Carpet
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Eat-in kitchen; Open floorplan; Split bedroom layout; Stone countertops; Thermostat; Walk-in closet(s); Insulated windows; Great Room
• Laundry & utility: Laundry room with washer and electric dryer hookups

🏗️ New construction. Builder plan / spec listing (the home may be to-be-built); metrics use comparable previous sales.

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath land listed at $270k.

Deal economics

• At list price, monthly cash flow is $-194 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $242k (10.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $212k (21.6% below list).
• Recommended offer: $212k (21.6% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 65/100 on livability (#643 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living 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: Pleasant Grove Elementary School (math 61% / reading 58%, grade B-, #690 of 2,144 statewide, top 34%, 621 students, 67% FRL); Inverness Middle School (math 52% / reading 48%, grade C, #254 of 571 statewide, top 45%, 1,017 students, 60% FRL); Citrus High School (math 34% / reading 51%, grade F, #264 of 667 statewide, top 41%, 1,503 students, 54% FRL) — zoned schools at 60% FRL track the district average.
• Market conditions: 427 active listings in the ZIP; 5 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 44% of the median local income ($58k/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.
• 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 173 days — a 12% lower offer ($238k) is reasonable based on typical stale-listing flexibility.
• 9 sale attempts since 5y ago; this cycle's ask is 3% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $118k; list at $270k implies a 130% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $211,513 (21.6% 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 173 days. Have you received any prior offers? Is the seller open to a 22% concession, seller financing, or rate buy-down credit?
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 F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. 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?
7. 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.
8. 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.
9. 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: 0.78% ✗
• Cap rate: 5.43%
• Cash-on-cash: -3.08%
• DSCR: 0.86
• GRM: 10.6

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: -21.4%
• Equity multiple: 0.26×
• Total profit: $-56,076
• Equity at exit: $40,243

10-year hold

• IRR: -15.0%
• Equity multiple: 0.14×
• Total profit: $-64,633
• Equity at exit: $23,336

Cash invested: $75,572 (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 34453

• Home prices YoY: -26.1%
• Active inventory: 427
• Price-to-rent: 10.6×

Monthly cashflow live

• Estimated rent: $2,115 high
• Mortgage (P&I): −$1,415
• Tax est. 1.5%: −$337 /mo · $4,048/yr
• Insurance: −$112
• HOA: −$0
• Vacancy / Maint / Mgmt: −$444
• Net cashflow: $-194

Break-even live

Break-even rent $2,361

Max offer price $241,789

Occupancy floor —

Sensitivity live

Price	-10% $-8	-5% $-101	+0% $-194	+5% $-288	+10% $-381
Rent	-10% $-361	-5% $-278	+0% $-194	+5% $-111	+10% $-27
Rate	-1.0pp $-58	-0.5pp $-126	base $-194	+0.5pp $-264	+1.0pp $-335

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: $67,475
• Closing costs: $8,097
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
543 N Rooks Ave Inverness, FL	3.0	2.0	1296	$1,900	$1.47	22d	1	0.67mi
3880 E Byrd St Inverness, FL	3.0	2.0	1380	$1,600	$1.16	22d	1	0.74mi
167 N Independence Hwy Inverness, FL	3.0	2.0	1535	$1,800	$1.17	22d	1	1.05mi
2620 E Newhaven St Inverness, FL	3.0	2.0	1884	$2,400	$1.27	22d	1	1.30mi
2858 E Marcia St Inverness, FL	4.0	2.0	1790	$2,500	$1.40	22d	1	1.30mi

Listing history 45 events

1. 2026-06-13
   status $269,900 Pending 173 DOM
2. 2026-06-09
   days on market $269,900 Active 173 DOM
3. 2026-06-08
   days on market $269,900 Active 172 DOM
4. 2026-06-03
   days on market $269,900 Active 167 DOM
5. 2026-06-02
   days on market $269,900 Active 166 DOM
6. 2026-06-01
   days on market $269,900 Active 165 DOM
7. 2026-05-31
   days on market $269,900 Active 164 DOM
8. 2026-05-30
   days on market $269,900 Active 163 DOM
9. 2026-05-05
   price $269,900
10. 2026-05-03
    price $269,900 1340-char remark

    Show marketing remark (1340 chars)

    Under Construction - Ready IN MARCH! Welcome to The Orchid - Spacious, Stylish Living Step inside The Orchid through a cozy foyer that leads into a bright, open floor plan filled with endless possibilities. The spacious great room flows seamlessly into the dining area and large kitchen-complete with a generous island perfect for meal prep and entertaining. Featuring four bedrooms and two bathrooms, this home is thoughtfully designed for large or growing families. The private owner's suite is tucked away at the back of the house and includes a large walk-in closet and a relaxing bathroom retreat. With 1,867 finished square feet, there's plenty of room for everyone to live, work, and play comfortably. The kitchen opens to a patio area, extending your living space outdoors for gatherings or quiet relaxation. The laundry room is conveniently located near the three additional bedrooms, all positioned at the front of the home for privacy and easy access. The Orchid also includes a 2-car garage, perfectly sized for two vehicles-or one vehicle plus a workspace or storage area to fit your lifestyle. Personalize your new home by choosing from a variety of color packages that match your style. Schedule a tour with one of our representatives today and visit our model home to discover why Maronda Homes is the right builder for you!

11. 2026-03-04
    price $264,900
12. 2026-03-03
    price $264,900 1340-char remark

    Show marketing remark (1340 chars)

    Under Construction - Ready IN MARCH! Welcome to The Orchid - Spacious, Stylish Living Step inside The Orchid through a cozy foyer that leads into a bright, open floor plan filled with endless possibilities. The spacious great room flows seamlessly into the dining area and large kitchen-complete with a generous island perfect for meal prep and entertaining. Featuring four bedrooms and two bathrooms, this home is thoughtfully designed for large or growing families. The private owner's suite is tucked away at the back of the house and includes a large walk-in closet and a relaxing bathroom retreat. With 1,867 finished square feet, there's plenty of room for everyone to live, work, and play comfortably. The kitchen opens to a patio area, extending your living space outdoors for gatherings or quiet relaxation. The laundry room is conveniently located near the three additional bedrooms, all positioned at the front of the home for privacy and easy access. The Orchid also includes a 2-car garage, perfectly sized for two vehicles-or one vehicle plus a workspace or storage area to fit your lifestyle. Personalize your new home by choosing from a variety of color packages that match your style. Schedule a tour with one of our representatives today and visit our model home to discover why Maronda Homes is the right builder for you!

13. 2026-02-03
    price $266,900

    Show marketing remark (1340 chars)

    Under Construction - Ready IN MARCH! Welcome to The Orchid - Spacious, Stylish Living Step inside The Orchid through a cozy foyer that leads into a bright, open floor plan filled with endless possibilities. The spacious great room flows seamlessly into the dining area and large kitchen-complete with a generous island perfect for meal prep and entertaining. Featuring four bedrooms and two bathrooms, this home is thoughtfully designed for large or growing families. The private owner's suite is tucked away at the back of the house and includes a large walk-in closet and a relaxing bathroom retreat. With 1,867 finished square feet, there's plenty of room for everyone to live, work, and play comfortably. The kitchen opens to a patio area, extending your living space outdoors for gatherings or quiet relaxation. The laundry room is conveniently located near the three additional bedrooms, all positioned at the front of the home for privacy and easy access. The Orchid also includes a 2-car garage, perfectly sized for two vehicles-or one vehicle plus a workspace or storage area to fit your lifestyle. Personalize your new home by choosing from a variety of color packages that match your style. Schedule a tour with one of our representatives today and visit our model home to discover why Maronda Homes is the right builder for you!

14. 2026-02-03
    price $266,900 1340-char remark

    Show marketing remark (1340 chars)

    Under Construction - Ready IN MARCH! Welcome to The Orchid - Spacious, Stylish Living Step inside The Orchid through a cozy foyer that leads into a bright, open floor plan filled with endless possibilities. The spacious great room flows seamlessly into the dining area and large kitchen-complete with a generous island perfect for meal prep and entertaining. Featuring four bedrooms and two bathrooms, this home is thoughtfully designed for large or growing families. The private owner's suite is tucked away at the back of the house and includes a large walk-in closet and a relaxing bathroom retreat. With 1,867 finished square feet, there's plenty of room for everyone to live, work, and play comfortably. The kitchen opens to a patio area, extending your living space outdoors for gatherings or quiet relaxation. The laundry room is conveniently located near the three additional bedrooms, all positioned at the front of the home for privacy and easy access. The Orchid also includes a 2-car garage, perfectly sized for two vehicles-or one vehicle plus a workspace or storage area to fit your lifestyle. Personalize your new home by choosing from a variety of color packages that match your style. Schedule a tour with one of our representatives today and visit our model home to discover why Maronda Homes is the right builder for you!

15. 2026-01-21
    status Active
16. 2026-01-14
    status Active 1340-char remark

    Show marketing remark (1340 chars)

    Under Construction - Ready IN MARCH! Welcome to The Orchid - Spacious, Stylish Living Step inside The Orchid through a cozy foyer that leads into a bright, open floor plan filled with endless possibilities. The spacious great room flows seamlessly into the dining area and large kitchen-complete with a generous island perfect for meal prep and entertaining. Featuring four bedrooms and two bathrooms, this home is thoughtfully designed for large or growing families. The private owner's suite is tucked away at the back of the house and includes a large walk-in closet and a relaxing bathroom retreat. With 1,867 finished square feet, there's plenty of room for everyone to live, work, and play comfortably. The kitchen opens to a patio area, extending your living space outdoors for gatherings or quiet relaxation. The laundry room is conveniently located near the three additional bedrooms, all positioned at the front of the home for privacy and easy access. The Orchid also includes a 2-car garage, perfectly sized for two vehicles-or one vehicle plus a workspace or storage area to fit your lifestyle. Personalize your new home by choosing from a variety of color packages that match your style. Schedule a tour with one of our representatives today and visit our model home to discover why Maronda Homes is the right builder for you!

17. 2026-01-14
    price $269,900 1340-char remark

    Show marketing remark (1340 chars)

    Under Construction - Ready IN MARCH! Welcome to The Orchid - Spacious, Stylish Living Step inside The Orchid through a cozy foyer that leads into a bright, open floor plan filled with endless possibilities. The spacious great room flows seamlessly into the dining area and large kitchen-complete with a generous island perfect for meal prep and entertaining. Featuring four bedrooms and two bathrooms, this home is thoughtfully designed for large or growing families. The private owner's suite is tucked away at the back of the house and includes a large walk-in closet and a relaxing bathroom retreat. With 1,867 finished square feet, there's plenty of room for everyone to live, work, and play comfortably. The kitchen opens to a patio area, extending your living space outdoors for gatherings or quiet relaxation. The laundry room is conveniently located near the three additional bedrooms, all positioned at the front of the home for privacy and easy access. The Orchid also includes a 2-car garage, perfectly sized for two vehicles-or one vehicle plus a workspace or storage area to fit your lifestyle. Personalize your new home by choosing from a variety of color packages that match your style. Schedule a tour with one of our representatives today and visit our model home to discover why Maronda Homes is the right builder for you!

18. 2025-12-30
    soldstatus $117,531
19. 2025-12-09
    status Pending
20. 2025-12-08
    price $261,900
21. 2025-12-06
    historical 1340-char remark

    Show marketing remark (1340 chars)

    Under Construction - Ready IN MARCH! Welcome to The Orchid - Spacious, Stylish Living Step inside The Orchid through a cozy foyer that leads into a bright, open floor plan filled with endless possibilities. The spacious great room flows seamlessly into the dining area and large kitchen-complete with a generous island perfect for meal prep and entertaining. Featuring four bedrooms and two bathrooms, this home is thoughtfully designed for large or growing families. The private owner's suite is tucked away at the back of the house and includes a large walk-in closet and a relaxing bathroom retreat. With 1,867 finished square feet, there's plenty of room for everyone to live, work, and play comfortably. The kitchen opens to a patio area, extending your living space outdoors for gatherings or quiet relaxation. The laundry room is conveniently located near the three additional bedrooms, all positioned at the front of the home for privacy and easy access. The Orchid also includes a 2-car garage, perfectly sized for two vehicles-or one vehicle plus a workspace or storage area to fit your lifestyle. Personalize your new home by choosing from a variety of color packages that match your style. Schedule a tour with one of our representatives today and visit our model home to discover why Maronda Homes is the right builder for you!

22. 2025-12-04
    price $261,900 1340-char remark

    Show marketing remark (1340 chars)

    Under Construction - Ready IN MARCH! Welcome to The Orchid - Spacious, Stylish Living Step inside The Orchid through a cozy foyer that leads into a bright, open floor plan filled with endless possibilities. The spacious great room flows seamlessly into the dining area and large kitchen-complete with a generous island perfect for meal prep and entertaining. Featuring four bedrooms and two bathrooms, this home is thoughtfully designed for large or growing families. The private owner's suite is tucked away at the back of the house and includes a large walk-in closet and a relaxing bathroom retreat. With 1,867 finished square feet, there's plenty of room for everyone to live, work, and play comfortably. The kitchen opens to a patio area, extending your living space outdoors for gatherings or quiet relaxation. The laundry room is conveniently located near the three additional bedrooms, all positioned at the front of the home for privacy and easy access. The Orchid also includes a 2-car garage, perfectly sized for two vehicles-or one vehicle plus a workspace or storage area to fit your lifestyle. Personalize your new home by choosing from a variety of color packages that match your style. Schedule a tour with one of our representatives today and visit our model home to discover why Maronda Homes is the right builder for you!

23. 2025-11-10
    price $257,900
24. 2025-11-07
    price $257,900 1340-char remark

    Show marketing remark (1340 chars)

    Under Construction - Ready IN MARCH! Welcome to The Orchid - Spacious, Stylish Living Step inside The Orchid through a cozy foyer that leads into a bright, open floor plan filled with endless possibilities. The spacious great room flows seamlessly into the dining area and large kitchen-complete with a generous island perfect for meal prep and entertaining. Featuring four bedrooms and two bathrooms, this home is thoughtfully designed for large or growing families. The private owner's suite is tucked away at the back of the house and includes a large walk-in closet and a relaxing bathroom retreat. With 1,867 finished square feet, there's plenty of room for everyone to live, work, and play comfortably. The kitchen opens to a patio area, extending your living space outdoors for gatherings or quiet relaxation. The laundry room is conveniently located near the three additional bedrooms, all positioned at the front of the home for privacy and easy access. The Orchid also includes a 2-car garage, perfectly sized for two vehicles-or one vehicle plus a workspace or storage area to fit your lifestyle. Personalize your new home by choosing from a variety of color packages that match your style. Schedule a tour with one of our representatives today and visit our model home to discover why Maronda Homes is the right builder for you!

25. 2025-11-05
    listed $261,900 Active
26. 2025-10-03
    price $261,900 1340-char remark

    Show marketing remark (1340 chars)

    Under Construction - Ready IN MARCH! Welcome to The Orchid - Spacious, Stylish Living Step inside The Orchid through a cozy foyer that leads into a bright, open floor plan filled with endless possibilities. The spacious great room flows seamlessly into the dining area and large kitchen-complete with a generous island perfect for meal prep and entertaining. Featuring four bedrooms and two bathrooms, this home is thoughtfully designed for large or growing families. The private owner's suite is tucked away at the back of the house and includes a large walk-in closet and a relaxing bathroom retreat. With 1,867 finished square feet, there's plenty of room for everyone to live, work, and play comfortably. The kitchen opens to a patio area, extending your living space outdoors for gatherings or quiet relaxation. The laundry room is conveniently located near the three additional bedrooms, all positioned at the front of the home for privacy and easy access. The Orchid also includes a 2-car garage, perfectly sized for two vehicles-or one vehicle plus a workspace or storage area to fit your lifestyle. Personalize your new home by choosing from a variety of color packages that match your style. Schedule a tour with one of our representatives today and visit our model home to discover why Maronda Homes is the right builder for you!

27. 2025-09-16
    listed $255,900 Active 1340-char remark

    Show marketing remark (1340 chars)

    Under Construction - Ready IN MARCH! Welcome to The Orchid - Spacious, Stylish Living Step inside The Orchid through a cozy foyer that leads into a bright, open floor plan filled with endless possibilities. The spacious great room flows seamlessly into the dining area and large kitchen-complete with a generous island perfect for meal prep and entertaining. Featuring four bedrooms and two bathrooms, this home is thoughtfully designed for large or growing families. The private owner's suite is tucked away at the back of the house and includes a large walk-in closet and a relaxing bathroom retreat. With 1,867 finished square feet, there's plenty of room for everyone to live, work, and play comfortably. The kitchen opens to a patio area, extending your living space outdoors for gatherings or quiet relaxation. The laundry room is conveniently located near the three additional bedrooms, all positioned at the front of the home for privacy and easy access. The Orchid also includes a 2-car garage, perfectly sized for two vehicles-or one vehicle plus a workspace or storage area to fit your lifestyle. Personalize your new home by choosing from a variety of color packages that match your style. Schedule a tour with one of our representatives today and visit our model home to discover why Maronda Homes is the right builder for you!

28. 2025-05-20
    soldstatus $17,900 Closed 416-char remark

    Show marketing remark (416 chars)

    Check out this . 28-acre parcel in between Crystal River and Inverness and close to the Suncoast Parkway! The property is situated in an X flood zone at a minimum elevation of 125 ft. , per county records! This parcel is on a county paved road, has available high-speed internet, and has electric connections nearby. No HOA fees or regulations! Fire hydrant is under 1,000 ft. away. Call to schedule a showing today!

29. 2025-05-20
    soldstatus $17,900

    Show marketing remark (416 chars)

    Check out this . 28-acre parcel in between Crystal River and Inverness and close to the Suncoast Parkway! The property is situated in an X flood zone at a minimum elevation of 125 ft. , per county records! This parcel is on a county paved road, has available high-speed internet, and has electric connections nearby. No HOA fees or regulations! Fire hydrant is under 1,000 ft. away. Call to schedule a showing today!

30. 2025-04-14
    status Pending 416-char remark

    Show marketing remark (416 chars)

    Check out this . 28-acre parcel in between Crystal River and Inverness and close to the Suncoast Parkway! The property is situated in an X flood zone at a minimum elevation of 125 ft. , per county records! This parcel is on a county paved road, has available high-speed internet, and has electric connections nearby. No HOA fees or regulations! Fire hydrant is under 1,000 ft. away. Call to schedule a showing today!

31. 2024-11-15
    listed $21,900 Active 416-char remark

    Show marketing remark (416 chars)

    Check out this . 28-acre parcel in between Crystal River and Inverness and close to the Suncoast Parkway! The property is situated in an X flood zone at a minimum elevation of 125 ft. , per county records! This parcel is on a county paved road, has available high-speed internet, and has electric connections nearby. No HOA fees or regulations! Fire hydrant is under 1,000 ft. away. Call to schedule a showing today!

32. 2022-09-23
    soldstatus $8,500
33. 2022-09-21
    soldstatus $8,500 Closed
34. 2022-09-21
    soldstatus $8,500
35. 2022-07-25
    listed $10,000 Active
36. 2022-07-25
    listed $10,000
37. 2022-03-05
    historical
38. 2021-10-29
    price $15,500
39. 2021-10-21
    status Active
40. 2021-10-03
    historical
41. 2021-04-02
    listed $19,000 Active
42. 2014-02-10
    soldstatus $12,500
43. 2009-04-01
    soldstatus $18,000
44. 2006-11-09
    soldstatus $130,000
45. 2005-08-25
    soldstatus $26,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥108°F today · 23 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: $25,382
• − Mortgage interest: −$15,119
• − Property taxes: −$4,048
• − Insurance: −$1,350
• − Repairs & maintenance: −$2,031
• − Management: −$2,031
• − Depreciation: −$7,852
• Taxable loss: −$7,048
• Est. tax savings @ 24.0%: +$1,691
• After-tax cash flow: $-640/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 — Inverness Highlands North

• Score: 65/100
• State rank: #643
• US rank: #12713

Category grades

Amenities F Commute F Cost of living A+ 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: Inverness Highlands North, FL
• County: Citrus County · 111,314 people
• Metro: Homosassa Springs, FL
• Population (ZIP): 10,621
• Household income: $57,568
• Rent vs Own: 19.3% rent · 80.7% own
• Severe rent burden: 240.0

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 (87%)
• Race & ethnicity: White 87% Hispanic / Latino 6% Black 3% Two or more races 3% Asian 2%
• Hispanic origin (detail): Puerto Rican 2%
• Common ancestry: Lithuanian 3% Romanian 3% Italian 3%
• Foreign-born: 4% · Canada
• Languages at home: 94% English-only · Spanish 4% Tagalog/Filipino 1% Other Asian/Pacific 0%

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: ▼ -103.32%
• Current HPI: 291.8965
• 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
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+918.5% since first listed

37 events — show timeline

• 2026-05-05 Price Changed $269,900 Stellar MLS as Distributed by MLS Grid
• 2026-05-03 Price Changed $269,900 Zillow
• 2026-03-04 Price Changed $264,900 Stellar MLS as Distributed by MLS Grid
• 2026-03-03 Price Changed $264,900 Zillow
• 2026-02-03 Price Changed $266,900 Stellar MLS as Distributed by MLS Grid
• 2026-02-03 Price Changed $266,900 Zillow
• 2026-01-21 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-01-14 Price Changed $269,900 Zillow
• 2026-01-14 Relisted — Zillow
• 2025-12-30 Sold (Public Records) $117,531 Public Records
• 2025-12-09 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-12-08 Price Changed $261,900 Stellar MLS as Distributed by MLS Grid
• 2025-12-06 Delisted — Zillow
• 2025-12-04 Price Changed $261,900 Zillow
• 2025-11-10 Price Changed $257,900 Stellar MLS as Distributed by MLS Grid
• 2025-11-07 Price Changed $257,900 Zillow
• 2025-11-05 Listed $261,900 Stellar MLS as Distributed by MLS Grid
• 2025-10-03 Price Changed $261,900 Zillow
• 2025-09-16 Listed $255,900 Zillow
• 2025-05-20 Sold (Public Records) $17,900 Public Records
• 2025-05-20 Sold (MLS) $17,900 RACC
• 2025-04-14 Pending — RACC
• 2024-11-15 Listed $21,900 RACC
• 2022-09-23 Sold (Public Records) $8,500 Public Records
• 2022-09-21 Sold (MLS) $8,500 St. Augustine and St. Johns County Board of REALTORS®
• 2022-09-21 Sold (MLS) $8,500 HCAR
• 2022-07-25 Listed $10,000 St. Augustine and St. Johns County Board of REALTORS®
• 2022-07-25 Listed $10,000 HCAR
• 2022-03-05 Listing Removed — HCAR
• 2021-10-29 Price Changed $15,500 HCAR
• 2021-10-21 Relisted — HCAR
• 2021-10-03 Listing Removed — HCAR
• 2021-04-02 Listed $19,000 HCAR
• 2014-02-10 Sold (Public Records) $12,500 Public Records
• 2009-04-01 Sold (Public Records) $18,000 Public Records
• 2006-11-09 Sold (Public Records) $130,000 Public Records
• 2005-08-25 Sold (Public Records) $26,500 Public Records

Property tax history

+10.9%/yr

Latest (2025): $175 · +27.7% YoY. Source: county tax records.