10566 E Rabbit Ln · Floral City, FL 34436

$189,000

3 bd · 1.0 ba · 980 sqft · SingleFamily public records · 46 Days on market

Built 1971 0.35 ac lot Est $177k · 7% over

---

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 +14.9/30.0
• DSCR +4.6/10.0
• ARV discount +4.6/15.0
• Schools +4.1/10.0
• 1% rule +3.4/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Completely adorable country home tucked away in a peaceful setting with that true backwoods feel, surrounded by quiet neighborhoods, canals, and lush natural scenery. Inside, you’ll find new luxury vinyl plank flooring, beautiful wood cabinetry, quartz countertops, and stainless steel appliances that give the home an updated and welcoming feel. Dual pane windows help keep things cool during the Florida summers while letting in plenty of natural light. Enjoy relaxing evenings in the screened gazebo or unwind on the screened front porch while taking in the peaceful surroundings. The property also offers plenty of storage with three sheds already in place. For the outdoor enthusiast, this area is a fisher’s paradise with nearby canals, boating opportunities, and endless nature to explore. Just minutes away, Withlapopka Community Park offers a great spot for walking the dogs, enjoying local wildlife, and soaking in the quiet Nature Coast atmosphere that makes this area so special. Conveniently located on the outskirts of Floral City, you’ll enjoy the privacy of country living while still being close to Inverness and all its shopping, dining, healthcare, and everyday conveniences.

Key facts

• Screened front porch
• Quartz countertops
• Screened gazebo

Tags

• BEAUTIFUL WOOD CABINETRY
• QUARTZ COUNTERTOPS
• STAINLESS STEEL APPLIANCES
• DUAL PANE WINDOWS
• SCREENED GAZEBO
• SCREENED FRONT PORCH

Property features AI

Finance

• HOA & community: No HOA; Pets allowed (cats and dogs)

Exterior

• Parking: Asphalt road access
• Utilities: Well water; Septic tank; Electricity connected
• Home design: Single family residence; 1 story; Faces north
• Construction: Vinyl siding; Frame construction; Roof over; Stem wall foundation; Built on one level; Approx. 980 sq ft living area
• Exterior features: Front screened porch; Private mailbox; Storage; Gazebo; Shed(s); Board fencing; Cleared lot; Paved areas

Interior

• Kitchen: Convection oven; Dishwasher; Microwave; Range; Refrigerator
• Bedrooms: 3 bedrooms
• Bathrooms: 1 full bathroom
• Heating & cooling: No heating; No cooling
• Interior features: Open floorplan; Solid surface counters; Stone counters; Double pane windows
• Laundry & utility: Outside laundry

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $189k.

Deal economics

• At list price, monthly cash flow is $57 ($683/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 $159k (15.8% below list).
• Recommended offer: $159k (15.8% below list) — sets the bar for 1% rule.
• Cap rate 6.7% vs local median 3.6% in Floral City — 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 67/100 on livability (#573 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B+; 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: Floral City Elementary School (math 47% / reading 52%, grade D, #1,088 of 2,144 statewide, top 53%, 389 students, 71% FRL); Citrus High School (math 34% / reading 51%, grade F, #264 of 667 statewide, top 41%, 1,503 students, 54% FRL).
• Market conditions: 145 active listings in the ZIP; 2,443 units permitted in Citrus County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• 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 46 days — a 3% lower offer ($183k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 2y 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.
• Current owner paid $66k; list at $189k implies a 188% 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 $159,215 (15.8% below list)

Questions for the listing agent

1. It's been on market 46 days. Have you received any prior offers? Is the seller open to a 16% concession, seller financing, or rate buy-down credit?
2. Built in 1971 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.84% ✗
• Cap rate: 6.65%
• Cash-on-cash: 1.29%
• DSCR: 1.06
• GRM: 9.9

CMA / ARV

• ARV (on-the-fly): $177,380
• Comps found: 9

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4934 S Woodduck Ter	0.26mi	3/2.0	1,008 (+3%)	14mo	$170,000	$169	68
10530 E Gobbler Dr	0.13mi	2/1.5 (-1)	894 (-9%)	7mo	$250,000	$280	67
10698 E Gobbler Dr	0.29mi	2/1.0 (-1)	984 (+0%)	22mo	$165,000	$168	63
10506 E Gobbler Dr	0.14mi	2/1.0 (-1)	896 (-9%)	14mo	$162,000	$181	62
5510 S Bluegill Way	0.62mi	2/1.0 (-1)	1,032 (+5%)	4mo	$63,000	$61	54
10308 E Mallard Ln	0.52mi	2/1.0 (-1)	884 (-10%)	4mo	$165,000	$187	52
4974 S Pheasant Way	0.22mi	2/2.0 (-1)	1,082 (+10%)	15mo	$170,000	$157	51
5540 S Blue Dolphin Way	0.73mi	2/2.0 (-1)	1,008 (+3%)	4mo	$215,000	$213	49
5460 S Pike Way	0.59mi	2/2.0 (-1)	1,088 (+11%)	0mo	$230,000	$211	45

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: -14.3%
• Equity multiple: 0.49×
• Total profit: $-27,041
• Equity at exit: $28,181

10-year hold

• IRR: -5.5%
• Equity multiple: 0.64×
• Total profit: $-19,042
• Equity at exit: $16,341

Cash invested: $52,920 (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 34436

• Home prices YoY: -3.1%
• Active inventory: 145
• Price-to-rent: 9.9×

Monthly cashflow live

• Estimated rent: $1,592 medium
• Mortgage (P&I): −$991
• Tax from tax record: −$131 /mo · $1,572/yr
• Insurance: −$79
• HOA: −$0
• Vacancy / Maint / Mgmt: −$334
• Net cashflow: $57

Break-even live

Break-even rent $1,520

Max offer price $189,000

Occupancy floor 91%

Sensitivity live

Price	-10% $164	-5% $110	+0% $57	+5% $3	+10% $-50
Rent	-10% $-69	-5% $-6	+0% $57	+5% $120	+10% $183
Rate	-1.0pp $152	-0.5pp $105	base $57	+0.5pp $8	+1.0pp $-42

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: $47,250
• Closing costs: $5,670
• Reserves months: —
• Total cash needed: —

Listing history 31 events

1. 2026-06-21
   days on market $189,000 Active 46 DOM
2. 2026-06-19
   days on market $189,000 Active 44 DOM
3. 2026-06-18
   days on market $189,000 Active 43 DOM
4. 2026-06-17
   days on market $189,000 Active 42 DOM
5. 2026-06-16
   days on market $189,000 Active 41 DOM
6. 2026-06-15
   days on market $189,000 Active 40 DOM
7. 2026-06-14
   days on market $189,000 Active 38 DOM
8. 2026-06-13
   days on market $189,000 Active 37 DOM
9. 2026-06-09
   days on market $189,000 Active 34 DOM
10. 2026-06-08
    days on market $189,000 Active 33 DOM
11. 2026-06-07
    days on market $189,000 Active 32 DOM
12. 2026-06-03
    days on market $189,000 Active 28 DOM
13. 2026-06-02
    days on market $189,000 Active 27 DOM
14. 2026-06-01
    days on market $189,000 Active 26 DOM
15. 2026-05-31
    days on market $189,000 Active 25 DOM
16. 2026-05-30
    days on market $189,000 Active 24 DOM
17. 2026-05-06
    listed $189,000 Active

    Show marketing remark (1212 chars)

    Completely adorable country home tucked away in a peaceful setting with that true backwoods feel, surrounded by quiet neighborhoods, canals, and lush natural scenery. Inside, you’ll find new luxury vinyl plank flooring, beautiful wood cabinetry, quartz countertops, and stainless steel appliances that give the home an updated and welcoming feel. Dual pane windows help keep things cool during the Florida summers while letting in plenty of natural light. Enjoy relaxing evenings in the screened gazebo or unwind on the screened front porch while taking in the peaceful surroundings. The property also offers plenty of storage with three sheds already in place. For the outdoor enthusiast, this area is a fisher’s paradise with nearby canals, boating opportunities, and endless nature to explore. Just minutes away, Withlapopka Community Park offers a great spot for walking the dogs, enjoying local wildlife, and soaking in the quiet Nature Coast atmosphere that makes this area so special. Conveniently located on the outskirts of Floral City, you’ll enjoy the privacy of country living while still being close to Inverness and all its shopping, dining, healthcare, and everyday conveniences.

18. 2026-05-06
    listed $189,000 Active 1212-char remark

    Show marketing remark (1212 chars)

    Completely adorable country home tucked away in a peaceful setting with that true backwoods feel, surrounded by quiet neighborhoods, canals, and lush natural scenery. Inside, you’ll find new luxury vinyl plank flooring, beautiful wood cabinetry, quartz countertops, and stainless steel appliances that give the home an updated and welcoming feel. Dual pane windows help keep things cool during the Florida summers while letting in plenty of natural light. Enjoy relaxing evenings in the screened gazebo or unwind on the screened front porch while taking in the peaceful surroundings. The property also offers plenty of storage with three sheds already in place. For the outdoor enthusiast, this area is a fisher’s paradise with nearby canals, boating opportunities, and endless nature to explore. Just minutes away, Withlapopka Community Park offers a great spot for walking the dogs, enjoying local wildlife, and soaking in the quiet Nature Coast atmosphere that makes this area so special. Conveniently located on the outskirts of Floral City, you’ll enjoy the privacy of country living while still being close to Inverness and all its shopping, dining, healthcare, and everyday conveniences.

19. 2025-06-16
    soldstatus $65,575 Closed 1166-char remark

    Show marketing remark (1166 chars)

    "SELLER MOTIVATED" This property in Floral City offers a unique opportunity for a buyer looking to invest in a peaceful location with ample space. The home features a 3-bedroom, 1-bathroom layout, but requires some TLC and creativity to reach its full potential. The large lot, measuring over a third of an acre, provides a variety of options—whether transforming the home into a tranquil weekend retreat, a full-time residence, or an income-generating investment property. The lack of HOA fees or deed restrictions adds further flexibility, allowing you to tailor the space to suit your vision. This rare find could be the perfect canvas for your next project! This home is perfectly situated for outdoor enthusiasts, offering proximity to a serene chain of lakes and the Withlacoochee River—making it an ideal spot for fishing, hunting, and other recreational activities. Whether you're an avid angler or enjoy exploring nature, this location provides easy access to all the natural beauty the area has to offer. Don't let this unique opportunity slip by—come see it for yourself and take advantage of this hidden gem before it's gone!

20. 2025-05-08
    status Pending 1166-char remark

    Show marketing remark (1166 chars)

    "SELLER MOTIVATED" This property in Floral City offers a unique opportunity for a buyer looking to invest in a peaceful location with ample space. The home features a 3-bedroom, 1-bathroom layout, but requires some TLC and creativity to reach its full potential. The large lot, measuring over a third of an acre, provides a variety of options—whether transforming the home into a tranquil weekend retreat, a full-time residence, or an income-generating investment property. The lack of HOA fees or deed restrictions adds further flexibility, allowing you to tailor the space to suit your vision. This rare find could be the perfect canvas for your next project! This home is perfectly situated for outdoor enthusiasts, offering proximity to a serene chain of lakes and the Withlacoochee River—making it an ideal spot for fishing, hunting, and other recreational activities. Whether you're an avid angler or enjoy exploring nature, this location provides easy access to all the natural beauty the area has to offer. Don't let this unique opportunity slip by—come see it for yourself and take advantage of this hidden gem before it's gone!

21. 2025-04-03
    price $80,000 1166-char remark

    Show marketing remark (1166 chars)

    "SELLER MOTIVATED" This property in Floral City offers a unique opportunity for a buyer looking to invest in a peaceful location with ample space. The home features a 3-bedroom, 1-bathroom layout, but requires some TLC and creativity to reach its full potential. The large lot, measuring over a third of an acre, provides a variety of options—whether transforming the home into a tranquil weekend retreat, a full-time residence, or an income-generating investment property. The lack of HOA fees or deed restrictions adds further flexibility, allowing you to tailor the space to suit your vision. This rare find could be the perfect canvas for your next project! This home is perfectly situated for outdoor enthusiasts, offering proximity to a serene chain of lakes and the Withlacoochee River—making it an ideal spot for fishing, hunting, and other recreational activities. Whether you're an avid angler or enjoy exploring nature, this location provides easy access to all the natural beauty the area has to offer. Don't let this unique opportunity slip by—come see it for yourself and take advantage of this hidden gem before it's gone!

22. 2025-04-03
    status Active 1166-char remark

    Show marketing remark (1166 chars)

    "SELLER MOTIVATED" This property in Floral City offers a unique opportunity for a buyer looking to invest in a peaceful location with ample space. The home features a 3-bedroom, 1-bathroom layout, but requires some TLC and creativity to reach its full potential. The large lot, measuring over a third of an acre, provides a variety of options—whether transforming the home into a tranquil weekend retreat, a full-time residence, or an income-generating investment property. The lack of HOA fees or deed restrictions adds further flexibility, allowing you to tailor the space to suit your vision. This rare find could be the perfect canvas for your next project! This home is perfectly situated for outdoor enthusiasts, offering proximity to a serene chain of lakes and the Withlacoochee River—making it an ideal spot for fishing, hunting, and other recreational activities. Whether you're an avid angler or enjoy exploring nature, this location provides easy access to all the natural beauty the area has to offer. Don't let this unique opportunity slip by—come see it for yourself and take advantage of this hidden gem before it's gone!

23. 2025-03-28
    status Pending 1166-char remark

    Show marketing remark (1166 chars)

    "SELLER MOTIVATED" This property in Floral City offers a unique opportunity for a buyer looking to invest in a peaceful location with ample space. The home features a 3-bedroom, 1-bathroom layout, but requires some TLC and creativity to reach its full potential. The large lot, measuring over a third of an acre, provides a variety of options—whether transforming the home into a tranquil weekend retreat, a full-time residence, or an income-generating investment property. The lack of HOA fees or deed restrictions adds further flexibility, allowing you to tailor the space to suit your vision. This rare find could be the perfect canvas for your next project! This home is perfectly situated for outdoor enthusiasts, offering proximity to a serene chain of lakes and the Withlacoochee River—making it an ideal spot for fishing, hunting, and other recreational activities. Whether you're an avid angler or enjoy exploring nature, this location provides easy access to all the natural beauty the area has to offer. Don't let this unique opportunity slip by—come see it for yourself and take advantage of this hidden gem before it's gone!

24. 2025-03-10
    status Active 1166-char remark

    Show marketing remark (1166 chars)

    "SELLER MOTIVATED" This property in Floral City offers a unique opportunity for a buyer looking to invest in a peaceful location with ample space. The home features a 3-bedroom, 1-bathroom layout, but requires some TLC and creativity to reach its full potential. The large lot, measuring over a third of an acre, provides a variety of options—whether transforming the home into a tranquil weekend retreat, a full-time residence, or an income-generating investment property. The lack of HOA fees or deed restrictions adds further flexibility, allowing you to tailor the space to suit your vision. This rare find could be the perfect canvas for your next project! This home is perfectly situated for outdoor enthusiasts, offering proximity to a serene chain of lakes and the Withlacoochee River—making it an ideal spot for fishing, hunting, and other recreational activities. Whether you're an avid angler or enjoy exploring nature, this location provides easy access to all the natural beauty the area has to offer. Don't let this unique opportunity slip by—come see it for yourself and take advantage of this hidden gem before it's gone!

25. 2025-02-28
    status Pending 1166-char remark

    Show marketing remark (1166 chars)

    "SELLER MOTIVATED" This property in Floral City offers a unique opportunity for a buyer looking to invest in a peaceful location with ample space. The home features a 3-bedroom, 1-bathroom layout, but requires some TLC and creativity to reach its full potential. The large lot, measuring over a third of an acre, provides a variety of options—whether transforming the home into a tranquil weekend retreat, a full-time residence, or an income-generating investment property. The lack of HOA fees or deed restrictions adds further flexibility, allowing you to tailor the space to suit your vision. This rare find could be the perfect canvas for your next project! This home is perfectly situated for outdoor enthusiasts, offering proximity to a serene chain of lakes and the Withlacoochee River—making it an ideal spot for fishing, hunting, and other recreational activities. Whether you're an avid angler or enjoy exploring nature, this location provides easy access to all the natural beauty the area has to offer. Don't let this unique opportunity slip by—come see it for yourself and take advantage of this hidden gem before it's gone!

26. 2025-02-12
    price $85,000 1166-char remark

    Show marketing remark (1166 chars)

    "SELLER MOTIVATED" This property in Floral City offers a unique opportunity for a buyer looking to invest in a peaceful location with ample space. The home features a 3-bedroom, 1-bathroom layout, but requires some TLC and creativity to reach its full potential. The large lot, measuring over a third of an acre, provides a variety of options—whether transforming the home into a tranquil weekend retreat, a full-time residence, or an income-generating investment property. The lack of HOA fees or deed restrictions adds further flexibility, allowing you to tailor the space to suit your vision. This rare find could be the perfect canvas for your next project! This home is perfectly situated for outdoor enthusiasts, offering proximity to a serene chain of lakes and the Withlacoochee River—making it an ideal spot for fishing, hunting, and other recreational activities. Whether you're an avid angler or enjoy exploring nature, this location provides easy access to all the natural beauty the area has to offer. Don't let this unique opportunity slip by—come see it for yourself and take advantage of this hidden gem before it's gone!

27. 2025-02-12
    status Active 1166-char remark

    Show marketing remark (1166 chars)

    "SELLER MOTIVATED" This property in Floral City offers a unique opportunity for a buyer looking to invest in a peaceful location with ample space. The home features a 3-bedroom, 1-bathroom layout, but requires some TLC and creativity to reach its full potential. The large lot, measuring over a third of an acre, provides a variety of options—whether transforming the home into a tranquil weekend retreat, a full-time residence, or an income-generating investment property. The lack of HOA fees or deed restrictions adds further flexibility, allowing you to tailor the space to suit your vision. This rare find could be the perfect canvas for your next project! This home is perfectly situated for outdoor enthusiasts, offering proximity to a serene chain of lakes and the Withlacoochee River—making it an ideal spot for fishing, hunting, and other recreational activities. Whether you're an avid angler or enjoy exploring nature, this location provides easy access to all the natural beauty the area has to offer. Don't let this unique opportunity slip by—come see it for yourself and take advantage of this hidden gem before it's gone!

28. 2024-12-18
    status Pending 1166-char remark

    Show marketing remark (1166 chars)

    "SELLER MOTIVATED" This property in Floral City offers a unique opportunity for a buyer looking to invest in a peaceful location with ample space. The home features a 3-bedroom, 1-bathroom layout, but requires some TLC and creativity to reach its full potential. The large lot, measuring over a third of an acre, provides a variety of options—whether transforming the home into a tranquil weekend retreat, a full-time residence, or an income-generating investment property. The lack of HOA fees or deed restrictions adds further flexibility, allowing you to tailor the space to suit your vision. This rare find could be the perfect canvas for your next project! This home is perfectly situated for outdoor enthusiasts, offering proximity to a serene chain of lakes and the Withlacoochee River—making it an ideal spot for fishing, hunting, and other recreational activities. Whether you're an avid angler or enjoy exploring nature, this location provides easy access to all the natural beauty the area has to offer. Don't let this unique opportunity slip by—come see it for yourself and take advantage of this hidden gem before it's gone!

29. 2024-12-13
    status Active 1166-char remark

    Show marketing remark (1166 chars)

    "SELLER MOTIVATED" This property in Floral City offers a unique opportunity for a buyer looking to invest in a peaceful location with ample space. The home features a 3-bedroom, 1-bathroom layout, but requires some TLC and creativity to reach its full potential. The large lot, measuring over a third of an acre, provides a variety of options—whether transforming the home into a tranquil weekend retreat, a full-time residence, or an income-generating investment property. The lack of HOA fees or deed restrictions adds further flexibility, allowing you to tailor the space to suit your vision. This rare find could be the perfect canvas for your next project! This home is perfectly situated for outdoor enthusiasts, offering proximity to a serene chain of lakes and the Withlacoochee River—making it an ideal spot for fishing, hunting, and other recreational activities. Whether you're an avid angler or enjoy exploring nature, this location provides easy access to all the natural beauty the area has to offer. Don't let this unique opportunity slip by—come see it for yourself and take advantage of this hidden gem before it's gone!

30. 2024-12-02
    status Pending 1166-char remark

    Show marketing remark (1166 chars)

    "SELLER MOTIVATED" This property in Floral City offers a unique opportunity for a buyer looking to invest in a peaceful location with ample space. The home features a 3-bedroom, 1-bathroom layout, but requires some TLC and creativity to reach its full potential. The large lot, measuring over a third of an acre, provides a variety of options—whether transforming the home into a tranquil weekend retreat, a full-time residence, or an income-generating investment property. The lack of HOA fees or deed restrictions adds further flexibility, allowing you to tailor the space to suit your vision. This rare find could be the perfect canvas for your next project! This home is perfectly situated for outdoor enthusiasts, offering proximity to a serene chain of lakes and the Withlacoochee River—making it an ideal spot for fishing, hunting, and other recreational activities. Whether you're an avid angler or enjoy exploring nature, this location provides easy access to all the natural beauty the area has to offer. Don't let this unique opportunity slip by—come see it for yourself and take advantage of this hidden gem before it's gone!

31. 2024-11-25
    listed $95,000 Active 1166-char remark

    Show marketing remark (1166 chars)

    "SELLER MOTIVATED" This property in Floral City offers a unique opportunity for a buyer looking to invest in a peaceful location with ample space. The home features a 3-bedroom, 1-bathroom layout, but requires some TLC and creativity to reach its full potential. The large lot, measuring over a third of an acre, provides a variety of options—whether transforming the home into a tranquil weekend retreat, a full-time residence, or an income-generating investment property. The lack of HOA fees or deed restrictions adds further flexibility, allowing you to tailor the space to suit your vision. This rare find could be the perfect canvas for your next project! This home is perfectly situated for outdoor enthusiasts, offering proximity to a serene chain of lakes and the Withlacoochee River—making it an ideal spot for fishing, hunting, and other recreational activities. Whether you're an avid angler or enjoy exploring nature, this location provides easy access to all the natural beauty the area has to offer. Don't let this unique opportunity slip by—come see it for yourself and take advantage of this hidden gem before it's gone!

ⓘ 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: $1,572 · $131/mo
• Projected year-2 tax: $1,572 · $131/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 3/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥107°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: $19,106
• − Mortgage interest: −$10,587
• − Property taxes: −$1,572
• − Insurance: −$945
• − Repairs & maintenance: −$1,528
• − Management: −$1,528
• − Depreciation: −$5,498
• Taxable loss: −$2,553
• Est. tax savings @ 24.0%: +$613
• After-tax cash flow: $1,296/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 — Floral City

• Score: 67/100
• State rank: #573
• US rank: #10898

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• City population: 8,170
• Population (ZIP): 8,170

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 (86%)
• Race & ethnicity: White 86% Two or more races 5% Hispanic / Latino 4% Black 4% Native American 2%
• Common ancestry: Lithuanian 4% Italian 4% Iranian 1%
• Foreign-born: 5% · Canada
• Languages at home: 93% English-only · Spanish 5% French/Haitian/Cajun 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: ▼ -12.20%
• Current HPI: 374.4353
• Rent YoY: —
• Metro: —
• 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

+98.9% since first listed

15 events — show timeline

• 2026-05-06 Listed $189,000 RACC
• 2026-05-06 Listed $189,000 Stellar MLS as Distributed by MLS Grid
• 2025-06-16 Sold (MLS) $65,575 Stellar MLS as Distributed by MLS Grid
• 2025-05-08 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-04-03 Price Changed $80,000 Stellar MLS as Distributed by MLS Grid
• 2025-04-03 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-03-28 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-03-10 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-02-28 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-02-12 Price Changed $85,000 Stellar MLS as Distributed by MLS Grid
• 2025-02-12 Relisted — Stellar MLS as Distributed by MLS Grid
• 2024-12-18 Pending — Stellar MLS as Distributed by MLS Grid
• 2024-12-13 Relisted — Stellar MLS as Distributed by MLS Grid
• 2024-12-02 Pending — Stellar MLS as Distributed by MLS Grid
• 2024-11-25 Listed $95,000 Stellar MLS as Distributed by MLS Grid

Property tax history

+25.3%/yr

Latest (2025): $1,572 · +354.7% YoY. Source: county tax records.