46 Palm Rd · Silver Springs Shores, FL 34472

$160,000

2 bd · 2.0 ba · 901 sqft · SingleFamily public records · 78 Days on market

Built 1985 0.46 ac lot $178/sqft · 12% below area Est $182k · 12% under

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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 +14.7/30.0
• ARV discount +13.0/15.0
• Appreciation +8.0/10.0
• DSCR +4.5/10.0
• 1% rule +4.2/10.0
• Schools +3.6/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Investor Special with Land & Potential – Priced to Move FAST! Opportunity knocks at 46 Palm Rd in Ocala! This 2-bedroom, 2-bath single-family home offers 901 sq ft of living space sitting on an oversized 0.46-acre lot — nearly half an acre of space to expand, improve, or maximize returns. Unlike many overpriced fixer-uppers on the market, this property is strategically priced at just $160,000, giving investors and savvy buyers room to renovate and build equity without overpaying upfront. Spacious lot with endless possibilities Strong rental or flip potential No overpricing — priced BELOW many comparable fixer properties Ideal for investors, cash buyers, or buyers looking to customize With inventory tightening and investor opportunities becoming harder to find at this price point, this property is a rare chance to secure value in a growing Ocala market. Sold AS-IS. Bring your vision and unlock the potential.

Key facts

• Flip potential
• Growing market
• Oversized lot

Tags

• OVERSIZED LOT
• STRONG RENTAL POTENTIAL
• FLIP POTENTIAL
• ENDLESS POSSIBILITIES
• GROWING MARKET

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $160k.

Deal economics

• At list price, monthly cash flow is $42 ($510/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $147k (8.0% below list).
• Recommended offer: $147k (8.0% below list) — sets the bar for 1% rule.
• Cap rate 6.6% vs local median 4.7% in Silver Springs Shores — 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 68/100 on livability (#527 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A-; Watch: crime C-, employment D, schools 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.
• Market conditions: Rents flat; 682 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 7,071 units permitted in Marion County in 2024 (534 in 5+ unit buildings).

Forward outlook

• In year one you build about $11k of equity ($1k loan paydown + $9k appreciation (5.9% local appreciation)).
• Marion County population projected at +13% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (5.9% appreciation + 0.2% rent growth), your $45k cash investment doubles in ~4 years — after that, you're playing with house money.
• By year 4, paydown + projected appreciation supports a ~$36k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 78 days — a 6% lower offer ($150k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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.
• Current owner paid $74k; list at $160k implies a 116% 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; moderate wildfire risk; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $147,214 (8.0% below list)

Questions for the listing agent

1. It's been on market 78 days. Have you received any prior offers? Is the seller open to a 8% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.92% ✗
• Cap rate: 6.61%
• Cash-on-cash: 1.14%
• DSCR: 1.05
• GRM: 9.1

CMA / ARV

• ARV (median comp): $182,492
• List price: $160,000
• Delta: -12.32%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
9 Oak Court Pass	0.15mi	3/2.0 (+1)	888 (-1%)	21mo	$205,000	$231	68
9021 SE 79th Avenue Rd	0.45mi	2/1.0	900 (-0%)	14mo	$165,000	$183	63
8856 SE 87th Ter	0.66mi	2/1.0	912 (+1%)	23mo	$149,000	$163	44

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

Projected returns pro-forma

5.93% appreciation · 0.17% rent growth · sell at horizon

5-year hold

• IRR: 14.9%
• Equity multiple: 1.99×
• Total profit: $44,215
• Equity at exit: $99,901

10-year hold

• IRR: 14.2%
• Equity multiple: 3.70×
• Total profit: $120,801
• Equity at exit: $180,581

Cash invested: $44,800 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 34472

• Home prices YoY: 2.4%
• Rents YoY: 0.2%
• Active inventory: 682
• Price-to-rent: 9.1×

Monthly cashflow live

• Estimated rent: $1,472 high
• Mortgage (P&I): −$839
• Tax from tax record: −$215 /mo · $2,578/yr
• Insurance: −$67
• HOA: −$0
• Vacancy / Maint / Mgmt: −$309
• Net cashflow: $42

Break-even live

Break-even rent $1,418

Max offer price $160,000

Occupancy floor 92%

Sensitivity live

Price	-10% $133	-5% $88	+0% $42	+5% $-3	+10% $-48
Rent	-10% $-74	-5% $-16	+0% $42	+5% $101	+10% $159
Rate	-1.0pp $123	-0.5pp $83	base $42	+0.5pp $1	+1.0pp $-41

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: $40,000
• Closing costs: $4,800
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
310 Oak Lane Pass Ocala, FL	2.0	2.0	988	$1,325	$1.34	22d	1	0.75mi
2 Ash Dr Ocala, FL	3.0	2.0	1083	$1,750	$1.62	15d	1	1.06mi
62 Pine Trak Ocala, FL	2.0	2.0	832	$1,250	$1.50	22d	1	1.14mi
58 Pine Trak Unit 104D Ocala, FL	2.0	2.0	832	$1,050	$1.26	22d	1	1.18mi
12 Spring Loop Ocala, FL	2.0	1.0	900	$1,350	$1.50	15d	1	1.20mi
54 Pine Trak Unit 104F Ocala, FL	2.0	2.0	832	$1,300	$1.56	22d	1	1.23mi
217 Locust Pass Ln Ocala, FL	3.0	2.0	1011	$1,697	$1.68	15d	1	1.23mi
7817 Midway Drive Ter Unit A103 Ocala, FL	1.0	1.0	729	$1,300	$1.78	22d	1	1.27mi
80 Locust Pass Run Ocala, FL	3.0	2.0	1003	$1,595	$1.59	15d	1	1.49mi

Listing history 20 events

1. 2026-06-21
   days on market $160,000 Active 78 DOM
2. 2026-06-18
   days on market $160,000 Active 75 DOM
3. 2026-06-17
   days on market $160,000 Active 74 DOM
4. 2026-06-16
   days on market $160,000 Active 73 DOM
5. 2026-06-15
   days on market $160,000 Active 72 DOM
6. 2026-06-14
   days on market $160,000 Active 70 DOM
7. 2026-06-13
   days on market $160,000 Active 69 DOM
8. 2026-06-10
   days on market $160,000 Active 67 DOM
9. 2026-06-09
   days on market $160,000 Active 66 DOM
10. 2026-06-08
    days on market $160,000 Active 65 DOM
11. 2026-06-07
    days on market $160,000 Active 64 DOM
12. 2026-06-03
    days on market $160,000 Active 60 DOM
13. 2026-06-02
    days on market $160,000 Active 59 DOM
14. 2026-06-01
    days on market $160,000 Active 58 DOM
15. 2026-05-31
    days on market $160,000 Active 57 DOM
16. 2026-05-30
    days on market $160,000 Active 56 DOM
17. 2026-05-08
    status Active 951-char remark

    Show marketing remark (951 chars)

    Investor Special with Land & Potential – Priced to Move FAST! Opportunity knocks at 46 Palm Rd in Ocala! This 2-bedroom, 2-bath single-family home offers 901 sq ft of living space sitting on an oversized 0.46-acre lot — nearly half an acre of space to expand, improve, or maximize returns. Unlike many overpriced fixer-uppers on the market, this property is strategically priced at just $160,000, giving investors and savvy buyers room to renovate and build equity without overpaying upfront. Spacious lot with endless possibilities Strong rental or flip potential No overpricing — priced BELOW many comparable fixer properties Ideal for investors, cash buyers, or buyers looking to customize With inventory tightening and investor opportunities becoming harder to find at this price point, this property is a rare chance to secure value in a growing Ocala market. Sold AS-IS. Bring your vision and unlock the potential.

18. 2026-05-04
    status Pending 951-char remark

    Show marketing remark (951 chars)

    Investor Special with Land & Potential – Priced to Move FAST! Opportunity knocks at 46 Palm Rd in Ocala! This 2-bedroom, 2-bath single-family home offers 901 sq ft of living space sitting on an oversized 0.46-acre lot — nearly half an acre of space to expand, improve, or maximize returns. Unlike many overpriced fixer-uppers on the market, this property is strategically priced at just $160,000, giving investors and savvy buyers room to renovate and build equity without overpaying upfront. Spacious lot with endless possibilities Strong rental or flip potential No overpricing — priced BELOW many comparable fixer properties Ideal for investors, cash buyers, or buyers looking to customize With inventory tightening and investor opportunities becoming harder to find at this price point, this property is a rare chance to secure value in a growing Ocala market. Sold AS-IS. Bring your vision and unlock the potential.

19. 2026-03-31
    listed $160,000 Active 951-char remark

    Show marketing remark (951 chars)

    Investor Special with Land & Potential – Priced to Move FAST! Opportunity knocks at 46 Palm Rd in Ocala! This 2-bedroom, 2-bath single-family home offers 901 sq ft of living space sitting on an oversized 0.46-acre lot — nearly half an acre of space to expand, improve, or maximize returns. Unlike many overpriced fixer-uppers on the market, this property is strategically priced at just $160,000, giving investors and savvy buyers room to renovate and build equity without overpaying upfront. Spacious lot with endless possibilities Strong rental or flip potential No overpricing — priced BELOW many comparable fixer properties Ideal for investors, cash buyers, or buyers looking to customize With inventory tightening and investor opportunities becoming harder to find at this price point, this property is a rare chance to secure value in a growing Ocala market. Sold AS-IS. Bring your vision and unlock the potential.

20. 1987-10-01
    soldstatus $74,200

ⓘ 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: $2,578 · $215/mo
• Projected year-2 tax: $2,578 · $215/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 ≥108°F today · 23 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: $17,666
• − Mortgage interest: −$8,962
• − Property taxes: −$2,578
• − Insurance: −$800
• − Repairs & maintenance: −$1,413
• − Management: −$1,413
• − Depreciation: −$4,655
• Taxable loss: −$2,155
• Est. tax savings @ 24.0%: +$517
• After-tax cash flow: $1,027/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 — Silver Springs Shores

• Score: 68/100
• State rank: #527
• US rank: #9854

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: Silver Springs Shores, FL
• County: Marion County · 315,796 people
• City population: 34,665
• Metro: Ocala, FL
• Population (ZIP): 35,851
• Household income: $64,208
• Rent vs Own: 19.9% rent · 80.1% own
• Severe rent burden: 655.0

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: Diverse neighborhood (Simpson 0.65)
• Race & ethnicity: White 50% Hispanic / Latino 25% Black 21% Two or more races 18% Asian 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 14% Cuban 3%
• Common ancestry: Romanian 2% Iranian 1% Lithuanian 1%
• Foreign-born: 11% · Canada, Jamaica, China
• Languages at home: 78% English-only · Spanish 19% Other Indo-European 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: ▲ 5.93%
• Current HPI: 255.0714
• Rent YoY: ▲ 0.17%
• 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

+115.6% since first listed

4 events — show timeline

• 2026-05-08 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-05-04 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-03-31 Listed $160,000 Stellar MLS as Distributed by MLS Grid
• 1987-10-01 Sold (Public Records) $74,200 Public Records

Property tax history

+9.7%/yr

Latest (2025): $2,578 · +14.3% YoY. Source: county tax records.