533 Midway Dr Unit B · Silver Springs Shores, FL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 8/10 · Major
- Hot days now (above 108°F)
- 7 days/yr
- Hot days in 30 yrs
- 21 days/yr
Wind risk 9/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 3 days/yr
- Unhealthy air days in 30 yrs
- 4 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +20.7/30.0
- ARV discount +15.0/15.0
- Appreciation +8.0/10.0
- 1% rule +7.5/10.0
- DSCR +7.0/10.0
- Condition / age +4.0/5.0
- Schools +3.5/10.0
- Livability +3.4/5.0
- Rent growth +2.5/5.0
$79,900
533 Midway Dr Unit B · Silver Springs Shores, FL 34472
2 bd · 1.5 ba · 1,054 sqft · Condo
public records
· 171 Days on market
55+ age-restricted
Built 1972
$76/sqft
· 27% below area
Est $109k · 27% under
$325/mo HOA · 24% of rent
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Amazing Price! Pool View! Move right into this 2-bedroom, 1.5-bath condo in Ocala's desirable Live Oak Village, a 55+ community shaded by majestic oak trees and bordering The Country Club of Silver Springs Shores Golf Course. Enjoy an affordable, low-maintenance Florida lifestyle with HOA fees covering basic cable, exterior insurance, trash service, building and grounds maintenance, plus access to the community pool and clubhouse. The enclosed Florida room overlooks the pool, clubhouse, and picturesque Lake Sparkle, creating the perfect place to relax.
Key facts
- Overlooks the pool
- Move in ready
- $325 HOA
Tags
Neighborhood map
Sold within
Property
Rental comp
Retail
Costco
Walmart
Transit
Schools
Stadiums
Fortune 500
· Circle radius: 6.0 mi
Loading POIs…
What this means for you Summary
Snapshot
- This is a 2-bed/1.5-bath condo listed at $80k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $207 ($2k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $80k).
- Recommended offer: $70k (12.0% below list) — sets the bar for market timing.
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, amenities F.
- Marion (rural): math 42% / reading 43% proficiency, ranked #61 of 73 in FL (top 84%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 61% free/reduced lunch — lower-income household profile, screen leases tightly.
- Zoned schools: Greenway Elementary School (math 33% / reading 35%, grade F, #1,744 of 2,144 statewide, top 82%, 736 students, 67% FRL); Lake Weir Middle School (math 37% / reading 33%, grade F, #416 of 571 statewide, top 74%, 1,207 students, 76% FRL); Lake Weir High School (math 23% / reading 34%, grade F, #458 of 667 statewide, top 69%, 1,483 students, 68% FRL).
- Market conditions: Rents flat; 1080 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 11d on market — plan ~1-2 weeks tenant-placement turnaround); 42% of comp listings sitting > 30 days — soft ceiling on asking rent; 7,071 units permitted in Marion County in 2024 (534 in 5+ unit buildings).
Forward outlook
- In year one you build about $5k of equity ($552 loan paydown + $5k 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 $22k cash investment doubles in ~3 years — after that, you're playing with house money.
- By year 7, paydown + projected appreciation supports a ~$35k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 171 days — a 12% lower offer ($70k) is reasonable based on typical stale-listing flexibility.
- 5 sale attempts since 4y ago; this cycle's ask has dropped $10k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $58k; 38% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Watch-outs: HOA is 24% of rent.
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer
$70,312
(12.0% below list)
Questions for the listing agent
- It's been on market 171 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- 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?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- 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
- 1.69% ✓
- Cap rate
- 9.41%
- Cash-on-cash
- 11.13%
- DSCR
- 1.50
- GRM
- 4.9
CMA / ARV
- ARV (median comp)
- $109,043
- List price
- $79,900
- Delta
- -26.73%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 515 Midway Dr Unit A | 0.07mi | 2/2.0 | 1,138 (+8%) | 0mo | $170,000 | $149 | 81 |
| 606 Midway Dr Unit A | 0.09mi | 2/2.0 | 1,138 (+8%) | 0mo | $93,000 | $82 | 80 |
| 646 Midway Dr Unit A | 0.20mi | 2/2.0 | 1,108 (+5%) | 1mo | $145,000 | $131 | 79 |
| 513 Fairways Cir Unit B | 0.35mi | 2/2.0 | 1,072 (+2%) | 1mo | $90,000 | $84 | 78 |
| 504 Silver Crse Unit A | 0.42mi | 2/1.5 | 1,031 (-2%) | 0mo | $113,000 | $110 | 76 |
| 637 Silver Pass Unit B | 0.41mi | 2/1.5 | 1,031 (-2%) | 1mo | $80,000 | $78 | 76 |
| 458 Fairways Cir Unit C201 | 0.27mi | 2/2.0 | 837 (-21%) | 0mo | $75,000 | $90 | 60 |
| 8132 Fairways Cir Unit R103 | 0.34mi | 2/2.0 | 885 (-16%) | 2mo | $99,900 | $113 | 56 |
| 7930 Midway Drive Ter Unit R201 | 0.59mi | 2/2.0 | 840 (-20%) | 0mo | $117,500 | $140 | 45 |
| 7945 Midway Drive Ter Unit H201 | 0.58mi | 2/2.0 | 840 (-20%) | 1mo | $78,000 | $93 | 45 |
| 543 Silver Course Ct | 0.74mi | 2/1.0 | 904 (-14%) | 0mo | $159,000 | $176 | 40 |
| 474 Spring Ln | 1.21mi | 2/2.0 | 891 (-16%) | 2mo | $179,985 | $202 | 37 |
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
- 22.4%
- Equity multiple
- 2.45×
- Total profit
- $32,424
- Equity at exit
- $49,888
10-year hold
- IRR
- 19.8%
- Equity multiple
- 4.52×
- Total profit
- $78,754
- Equity at exit
- $90,178
Cash invested: $22,372 (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.
Active competition Active MLS
- For sale now
- 3 active · 4 under contract
- Median asking
- $145,000 ($137/sqft)
- Median days on market
- 244 d
- This list price
- lowest-priced of the active set
- ARV vs active asking
- -24.7% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 34472
- Home prices YoY
- 2.4%
- Rents YoY
- 0.2%
- Active inventory
- 1080
- Price-to-rent
- 4.9×
Monthly cashflow live
↻
- Estimated rent
- $1,354 high interval (Pro) →
- Mortgage (P&I)
- −$419
- Tax from tax record
- −$85 /mo · $1,021/yr
- Insurance
- −$33
- HOA
- −$325
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$284
- Net cashflow
- $207
Break-even live
Break-even rent
$1,092
Max offer price
$79,900
Occupancy floor
80%
Sensitivity live
| Price | -10% $253 | -5% $230 | +0% $207 | +5% $185 | +10% $162 |
|---|---|---|---|---|---|
| Rent | -10% $100 | -5% $154 | +0% $207 | +5% $261 | +10% $314 |
| Rate | -1.0pp $248 | -0.5pp $228 | base $207 | +0.5pp $187 | +1.0pp $166 |
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
- $19,975
- Closing costs
- $2,397
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 608 Midway Dr Unit A Ocala, FL | 2.0 | 1.5 | 1054 | $1,500 | $1.42 | 7d | 1 | 0.12mi |
| 650 Midway Dr Unit B Ocala, FL | 2.0 | 1.5 | 1027 | $1,200 | $1.17 | 9d | 1 | 0.24mi |
| 8211 Fairways Cir Unit G204 Ocala, FL | 2.0 | 2.0 | 885 | $1,200 | $1.36 | 2d | 1 | 0.25mi |
| 454 Fairways Cir Ocala, FL | 2.0 | 2.0 | 837 | $1,200 | $1.43 | 162d | 1 | 0.25mi |
| 454 Fairways Cir Unit B204 Ocala, FL | 2.0 | 2.0 | 837 | $1,289 | $1.54 | 162d | 1 | 0.26mi |
| 454 Fairways Cir Unit B203 Ocala, FL | 2.0 | 2.0 | 850 | $1,375 | $1.62 | 162d | 1 | 0.26mi |
| 582 Fairways Cir Unit A Ocala, FL | 2.0 | 2.0 | 1304 | $1,500 | $1.15 | 162d | 1 | 0.26mi |
| 681 Midway Dr Unit A Ocala, FL | 2.0 | 2.0 | 1000 | $1,250 | $1.25 | 162d | 1 | 0.27mi |
| 681 Midway Dr Unit A Ocala, FL | 2.0 | 2.0 | 1000 | $1,250 | $1.25 | 154d | 1 | 0.27mi |
| 681 Midway Dr Ocala, FL | 2.0 | 2.0 | 1068 | $1,395 | $1.31 | 10d | 1 | 0.28mi |
| 520 Fairways Cir Unit A Ocala, FL | 2.0 | 1.5 | 1027 | $1,100 | $1.07 | 162d | 1 | 0.28mi |
| 548 Fairways Cir Unit C102 Ocala, FL | 2.0 | 2.0 | 850 | $1,400 | $1.65 | 162d | 1 | 0.29mi |
| 510 Fairways Cir Unit A Ocala, FL | 2.0 | 2.0 | 1000 | $1,299 | $1.30 | 162d | 1 | 0.29mi |
| 567 Midway Trak Unit H104 Ocala, FL | 3.0 | 2.0 | 1029 | $1,399 | $1.36 | 51d | 1 | 0.29mi |
| 567 Midway Trak Unit H104 Ocala, FL | 3.0 | 2.0 | 1029 | $1,399 | $1.36 | 10d | 1 | 0.29mi |
| 567 Midway Trak Unit H201 Ocala, FL | 3.0 | 2.0 | 1029 | $1,350 | $1.31 | 154d | 1 | 0.29mi |
| 8130 Fairways Cir Unit R201 Ocala, FL | 2.0 | 2.0 | 885 | $1,300 | $1.47 | 10d | 1 | 0.30mi |
| 8130 Fairways Cir Unit R201 Ocala, FL | 2.0 | 2.0 | 885 | $1,400 | $1.58 | 9d | 1 | 0.30mi |
| 8124 Fairways Cir Unit R104 Ocala, FL | 2.0 | 2.0 | 885 | $1,100 | $1.24 | 35d | 1 | 0.31mi |
| 600 Fairways Cir Unit B Ocala, FL | 2.0 | 2.0 | 1072 | $1,100 | $1.03 | 36d | 1 | 0.32mi |
| 553 Fairways Cir Unit B Ocala, FL | 2.0 | 2.0 | 1304 | $1,700 | $1.30 | 10d | 1 | 0.32mi |
| 559 Midway Trak Unit L104 Ocala, FL | 2.0 | 2.0 | 837 | $1,295 | $1.55 | 10d | 1 | 0.33mi |
| 580 Fairways Ln Unit G203 Ocala, FL | 2.0 | 2.0 | 837 | $1,100 | $1.31 | 51d | 1 | 0.33mi |
| 678 Midway Dr Ocala, FL | 2.0 | 2.0 | 1068 | $1,295 | $1.21 | 10d | 1 | 0.33mi |
| 576 Fairways Ln Unit M104 Ocala, FL | 2.0 | 2.0 | 837 | $1,250 | $1.49 | 10d | 1 | 0.34mi |
| 563 Midway Trak Unit K201 Ocala, FL | 2.0 | 2.0 | 850 | $1,350 | $1.59 | 10d | 1 | 0.34mi |
| 563 Midway Trak Unit K103 Ocala, FL | 2.0 | 2.0 | 837 | $1,300 | $1.55 | 10d | 1 | 0.34mi |
| 563 Midway Trak Unit K203 Ocala, FL | 2.0 | 2.0 | 837 | $1,200 | $1.43 | 8d | 1 | 0.34mi |
| 561 Fairways Cir Unit A Ocala, FL | 2.0 | 1.5 | 1031 | $1,250 | $1.21 | 162d | 1 | 0.34mi |
| 543 Fairways Dr Ocala, FL | 2.0 | 2.0 | 1072 | $1,200 | $1.12 | 10d | 1 | 0.35mi |
| 532 Bahia Cir Unit A Ocala, FL | 2.0 | 1.5 | 1027 | $1,300 | $1.27 | 10d | 1 | 0.36mi |
| 549 Fairways Dr Unit A Ocala, FL | 2.0 | 2.0 | 1072 | $1,095 | $1.02 | 29d | 1 | 0.37mi |
| 549 Fairways Dr Unit B Ocala, FL | 2.0 | 2.0 | 1031 | $1,049 | $1.02 | 10d | 1 | 0.37mi |
| 549 Fairways Dr Unit A Ocala, FL | 2.0 | 2.0 | 1072 | $1,095 | $1.02 | 2d | 1 | 0.37mi |
| 737 Midway Dr Unit A Ocala, FL | 2.0 | 1.5 | 1027 | $995 | $0.97 | 10d | 1 | 0.37mi |
| 561 Fairways Dr Unit A Ocala, FL | 1.0 | 1.0 | 786 | $950 | $1.21 | 10d | 1 | 0.40mi |
| 700 Midway Dr Unit B Ocala, FL | 2.0 | 1.5 | 1054 | $1,400 | $1.33 | 7d | 1 | 0.41mi |
| 570 Bahia Cir Unit B Ocala, FL | 2.0 | 1.5 | 1031 | $1,300 | $1.26 | 51d | 1 | 0.41mi |
| 593 Fairways Cir Ocala, FL | 2.0 | 2.0 | 1031 | $1,200 | $1.16 | 7d | 1 | 0.41mi |
| 593 Fairways Cir Unit A Ocala, FL | 2.0 | 1.5 | 1031 | $1,200 | $1.16 | 162d | 1 | 0.41mi |
Property features AI
Finance
- Financial info
- Total monthly fees $325; total annual fees $3,900Lease restrictions apply
- HOA & community
- HOA (association name: Alex) with monthly fee of $325HOA includes pool and grounds maintenanceAssociation approval requiredCommunity features include pool, sidewalks, community mailboxSenior communityPets allowed with number limit
Exterior
- Parking
- Asphalt road access
- Utilities
- Public waterPublic sewerElectricity connectedWater connected
- Home design
- Residential condominiumSingle-storyFaces southLocated on 2nd floor of the building
- Construction
- Metal siding and frame constructionShingle roofSlab foundationBuilt as completed condition
- Exterior features
- Enclosed rear porchPatio/porchCleared lotLake and pond views (Lake Sparkle)
Interior
- Kitchen
- DishwasherRangeRefrigerator
- Bedrooms
- 2 bedrooms
- Flooring
- Carpet
- Bathrooms
- 1 full bathroom1 half bathroom
- Heating & cooling
- Electric heatingCentral air conditioning
- Interior features
- Living room and dining room comboThermostat
- Laundry & utility
- Laundry inside
HOA detail $325/mo · $3,900/yr condo
- Likely covers
- trashcablelandscapingpool
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-11-08days on market $79,900 Active 171 DOM
-
2026-11-07days on market $79,900 Active 170 DOM
-
2026-11-06days on market $79,900 Active 169 DOM
-
2026-11-05days on market $79,900 Active 168 DOM
-
2026-11-04days on market $79,900 Active 167 DOM
-
2026-11-02days on market $79,900 Active 165 DOM
-
2026-11-01days on market $79,900 Active 164 DOM
-
2026-10-31days on market $79,900 Active 163 DOM
-
2026-10-30days on market $79,900 Active 162 DOM
-
2026-10-29days on market $79,900 Active 161 DOM
-
2026-10-28days on market $79,900 Active 160 DOM
-
2026-10-27days on market $79,900 Active 159 DOM
-
2026-10-26days on market $79,900 Active 158 DOM
-
2026-10-25days on market $79,900 Active 157 DOM
-
2026-10-24days on market $79,900 Active 156 DOM
-
2026-10-23days on market $79,900 Active 155 DOM
-
2026-10-22days on market $79,900 Active 154 DOM
-
2026-10-21days on market $79,900 Active 153 DOM
-
2026-10-20days on market $79,900 Active 152 DOM
-
2026-10-19days on market $79,900 Active 151 DOM
-
2026-10-18days on market $79,900 Active 150 DOM
-
2026-10-17days on market $79,900 Active 149 DOM
-
2026-10-16days on market $79,900 Active 148 DOM
-
2026-10-15days on market $79,900 Active 147 DOM
-
2026-10-14days on market $79,900 Active 146 DOM
-
2026-10-13days on market $79,900 Active 145 DOM
-
2026-10-12days on market $79,900 Active 144 DOM
-
2026-10-11days on market $79,900 Active 143 DOM
-
2026-10-10days on market $79,900 Active 142 DOM
-
2026-10-09days on market $79,900 Active 141 DOM
-
2026-10-08days on market $79,900 Active 140 DOM
-
2026-10-07days on market $79,900 Active 139 DOM
-
2026-10-07days on market $79,900 Active 138 DOM
-
2026-10-05days on market $79,900 Active 137 DOM
-
2026-10-04days on market $79,900 Active 136 DOM
-
2026-10-03days on market $79,900 Active 135 DOM
-
2026-10-02days on market $79,900 Active 134 DOM
-
2026-10-01days on market $79,900 Active 133 DOM
-
2026-09-30days on market $79,900 Active 132 DOM
-
2026-09-29days on market $79,900 Active 131 DOM
-
2026-09-28days on market $79,900 Active 130 DOM
-
2026-09-27days on market $79,900 Active 129 DOM
-
2026-09-26days on market $79,900 Active 128 DOM
-
2026-09-25days on market $79,900 Active 127 DOM
-
2026-09-24days on market $79,900 Active 126 DOM
-
2026-09-24pricedays on market $79,900 Active 125 DOM
-
2026-09-21days on market $82,500 Active 123 DOM
-
2026-09-20days on market $82,500 Active 122 DOM
-
2026-09-18days on market $82,500 Active 120 DOM
-
2026-09-17days on market $82,500 Active 119 DOM
ⓘ 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
- $1,021 · $85/mo
- Projected year-2 tax
- $1,021 · $85/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 ≥108°F today · 21 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $16,251
- − Mortgage interest
- −$4,476
- − Property taxes
- −$1,021
- − Insurance
- −$400
- − Repairs & maintenance
- −$1,300
- − Management
- −$1,300
- − HOA
- −$3,900
- − Depreciation
- −$2,324
- Taxable income
- $1,530
combined federal + state — saved on this device
- Est. tax owed @ 24.0%
- −$367
- After-tax cash flow
- $2,122/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.
Condition & rehab AI · 9 photos
80/100
Cosmetic rehab
Est. rehab $5,270–$15,810 screening
This move-in ready townhouse in Live Oak Village is in good condition with fresh paint and well-maintained landscaping, making it an attractive option for both resale and rental.
Components & finishes AI
Roof asphalt shingle · good
Flooring carpet
Appliances white
Deferred maintenance Est. $500–$2,000 screening
- Minor Roof (roof) — No visible signs of damage or wear.
Value-add opportunities
- Both Paint exterior walls — Fresh paint enhances curb appeal and can increase both resale and rental value. ↑
- Both Clean gutters — Clean gutters prevent water damage and improve the home's appearance, benefiting both resale and rental value. ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
F
Composite school gradezoned avg 34/100
Zoned Schools
Elementary
Greenway Elementary School
F
FL #1,744/2,144
Nat'l #24,299/41,679
Middle
Lake Weir Middle School
F
FL #416/571
Nat'l #7,460/14,009
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
C
Composite livability gradescore 68/100
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 · 365,905 people
- City population
- 34,665
- Metro
- Ocala, FL
- Population (ZIP)
- 35,851
- Household income
- $64,208
- Rent vs Own
- Severe rent burden
- 14% of renters
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%
- 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 |
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| Insurance | 2 | $17B |
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| Retail | 1 | $60B |
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| Technology Distribution | 1 | $58B |
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| Homebuilding | 1 | $35B |
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| Technology Manufacturing | 1 | $35B |
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Price history
+183.0% since first listed17 events — show timeline
- 2026-06-24 Price Changed $84,900 Stellar MLS as Distributed by MLS Grid
- 2026-05-21 Listed $89,900 Stellar MLS as Distributed by MLS Grid
- 2025-12-20 Pending — Stellar MLS as Distributed by MLS Grid
- 2025-12-19 Listing Removed — Stellar MLS as Distributed by MLS Grid
- 2025-08-27 Listed $107,500 Stellar MLS as Distributed by MLS Grid
- 2025-07-31 Listing Removed — Stellar MLS as Distributed by MLS Grid
- 2025-02-05 Price Changed $114,500 Stellar MLS as Distributed by MLS Grid
- 2025-02-05 Price Changed $115,000 Stellar MLS as Distributed by MLS Grid
- 2025-01-08 Listed $134,000 Stellar MLS as Distributed by MLS Grid
- 2024-01-28 Listing Removed — Stellar MLS as Distributed by MLS Grid
- 2024-01-18 Listed $125,000 Stellar MLS as Distributed by MLS Grid
- 2023-01-29 Listing Removed — Stellar MLS as Distributed by MLS Grid
- 2022-11-28 Price Changed $124,900 Stellar MLS as Distributed by MLS Grid
- 2022-10-25 Listed $129,900 Stellar MLS as Distributed by MLS Grid
- 2020-09-24 Sold (Public Records) $58,000 Public Records
- 1979-04-01 Sold (Public Records) $34,500 Public Records
- 1975-03-01 Sold (Public Records) $30,000 Public Records
Property tax history
+2.3%/yrLatest (2025): $1,021 · +27.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…