3280 W Powers Ave · Bell, FL 32619

$269,900

3 bd · 1.0 ba · 4,519 sqft · SingleFamily · 218 Days on market

Built 1973 9,975 sqft lot ↓ 7% since listing

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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).

• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• Cash flow +7.2/30.0
• Schools +5.3/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +2.0/10.0
• DSCR +1.4/10.0

Listing remarks MLS

Prime Commercial Investment in the Heart of Bell, Florida! Positioned perfectly in downtown Bell, just behind Akins BBQ and directly across from Bell High School, this 4,380 sq. ft. heated and cooled commercial building offers endless income potential and visibility in one of Gilchrist County's most traveled areas. This versatile property features 14 potential rentable business spaces (with six currently occupied by established tenants) providing immediate income for investors. In addition, there are four dedicated hairdresser workstations, (with one hairdresser station currently rented) making it ideal for a salon, boutique, or mixed-use professional hub. Recent updates include a brand-new metal roof, new HVAC unit, and new metal siding, ensuring worry-free ownership and long-term durability. The property's layout, accessibility, and high-traffic location make it an excellent choice for anyone looking to expand a business portfolio or start a new venture in a thriving small-town setting. Whether you're seeking a turnkey investment or a prime location for your business, this Bell commercial property delivers value, flexibility, and potential in one of North Florida's most charming communities. Don't miss this huge investor opportunity—properties like this in downtown Bell are rare! Call today for a showing.

Key facts

• New metal roof
• New metal siding
• New hvac unit

Tags

• DOWNTOWN BELL
• NEW METAL ROOF
• NEW HVAC UNIT
• NEW METAL SIDING
• HIGH-TRAFFIC LOCATION

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $270k.

Deal economics

• At list price, monthly cash flow is $-371 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $216k (19.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $189k (29.9% below list).
• Recommended offer: $189k (29.9% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 62/100 on livability (#767 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime D, health & safety D, amenities F.
• Gilchrist (rural): math 66% / reading 61% proficiency, ranked #9 of 73 in FL (top 12%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 112 active listings in the ZIP; 94 units permitted in Gilchrist County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $29k of equity ($2k loan paydown + $27k appreciation (10.0% local appreciation)).
• Gilchrist County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• By year 2, paydown + projected appreciation supports a ~$46k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 218 days — a 12% lower offer ($238k) is reasonable based on typical stale-listing flexibility.

Recommended offer $189,169 (29.9% 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 218 days. Have you received any prior offers? Is the seller open to a 30% concession, seller financing, or rate buy-down credit?
3. Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. 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?
8. 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.
9. 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.
10. 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: 0.70% ✗
• Cap rate: 4.64%
• Cash-on-cash: -5.89%
• DSCR: 0.74
• GRM: 11.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

9.98% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 20.1%
• Equity multiple: 2.63×
• Total profit: $122,959
• Equity at exit: $242,669

10-year hold

• IRR: 18.3%
• Equity multiple: 6.04×
• Total profit: $380,597
• Equity at exit: $522,818

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 32619

• Home prices YoY: 2.5%
• Active inventory: 112
• Price-to-rent: 11.9×

Monthly cashflow live

• Estimated rent: $1,892 medium
• Mortgage (P&I): −$1,415
• Tax est. 1.5%: −$337 /mo · $4,048/yr
• Insurance: −$112
• HOA: −$0
• Vacancy / Maint / Mgmt: −$397
• Net cashflow: $-371

Break-even live

Break-even rent $2,361

Max offer price $216,247

Occupancy floor —

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: —

Listing history 18 events

1. 2026-06-18
   days on market $269,900 Active 218 DOM
2. 2026-06-17
   days on market $269,900 Active 217 DOM
3. 2026-06-16
   days on market $269,900 Active 216 DOM
4. 2026-06-15
   days on market $269,900 Active 215 DOM
5. 2026-06-14
   days on market $269,900 Active 213 DOM
6. 2026-06-13
   days on market $269,900 Active 212 DOM
7. 2026-06-10
   days on market $269,900 Active 210 DOM
8. 2026-06-09
   days on market $269,900 Active 209 DOM
9. 2026-06-08
   days on market $269,900 Active 208 DOM
10. 2026-06-07
    days on market $269,900 Active 207 DOM
11. 2026-06-05
    days on market $269,900 Active 204 DOM
12. 2026-06-02
    days on market $269,900 Active 202 DOM
13. 2026-06-01
    days on market $269,900 Active 201 DOM
14. 2026-05-31
    days on market $269,900 Active 200 DOM
15. 2026-05-30
    days on market $269,900 Active 199 DOM
16. 2026-03-06
    price $269,900 1336-char remark

    Show marketing remark (1336 chars)

    Prime Commercial Investment in the Heart of Bell, Florida! Positioned perfectly in downtown Bell, just behind Akins BBQ and directly across from Bell High School, this 4,380 sq. ft. heated and cooled commercial building offers endless income potential and visibility in one of Gilchrist County's most traveled areas. This versatile property features 14 potential rentable business spaces (with six currently occupied by established tenants) providing immediate income for investors. In addition, there are four dedicated hairdresser workstations, (with one hairdresser station currently rented) making it ideal for a salon, boutique, or mixed-use professional hub. Recent updates include a brand-new metal roof, new HVAC unit, and new metal siding, ensuring worry-free ownership and long-term durability. The property's layout, accessibility, and high-traffic location make it an excellent choice for anyone looking to expand a business portfolio or start a new venture in a thriving small-town setting. Whether you're seeking a turnkey investment or a prime location for your business, this Bell commercial property delivers value, flexibility, and potential in one of North Florida's most charming communities. Don't miss this huge investor opportunity—properties like this in downtown Bell are rare! Call today for a showing.

17. 2026-02-12
    price $279,900 1336-char remark

    Show marketing remark (1336 chars)

    Prime Commercial Investment in the Heart of Bell, Florida! Positioned perfectly in downtown Bell, just behind Akins BBQ and directly across from Bell High School, this 4,380 sq. ft. heated and cooled commercial building offers endless income potential and visibility in one of Gilchrist County's most traveled areas. This versatile property features 14 potential rentable business spaces (with six currently occupied by established tenants) providing immediate income for investors. In addition, there are four dedicated hairdresser workstations, (with one hairdresser station currently rented) making it ideal for a salon, boutique, or mixed-use professional hub. Recent updates include a brand-new metal roof, new HVAC unit, and new metal siding, ensuring worry-free ownership and long-term durability. The property's layout, accessibility, and high-traffic location make it an excellent choice for anyone looking to expand a business portfolio or start a new venture in a thriving small-town setting. Whether you're seeking a turnkey investment or a prime location for your business, this Bell commercial property delivers value, flexibility, and potential in one of North Florida's most charming communities. Don't miss this huge investor opportunity—properties like this in downtown Bell are rare! Call today for a showing.

18. 2025-11-13
    listed $289,900 Active 1336-char remark

    Show marketing remark (1336 chars)

    Prime Commercial Investment in the Heart of Bell, Florida! Positioned perfectly in downtown Bell, just behind Akins BBQ and directly across from Bell High School, this 4,380 sq. ft. heated and cooled commercial building offers endless income potential and visibility in one of Gilchrist County's most traveled areas. This versatile property features 14 potential rentable business spaces (with six currently occupied by established tenants) providing immediate income for investors. In addition, there are four dedicated hairdresser workstations, (with one hairdresser station currently rented) making it ideal for a salon, boutique, or mixed-use professional hub. Recent updates include a brand-new metal roof, new HVAC unit, and new metal siding, ensuring worry-free ownership and long-term durability. The property's layout, accessibility, and high-traffic location make it an excellent choice for anyone looking to expand a business portfolio or start a new venture in a thriving small-town setting. Whether you're seeking a turnkey investment or a prime location for your business, this Bell commercial property delivers value, flexibility, and potential in one of North Florida's most charming communities. Don't miss this huge investor opportunity—properties like this in downtown Bell are rare! Call today for a showing.

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

Taxation est. · year 1

• Rental income: $22,700
• − Mortgage interest: −$15,119
• − Property taxes: −$4,048
• − Insurance: −$1,350
• − Repairs & maintenance: −$1,816
• − Management: −$1,816
• − Depreciation: −$7,852
• Taxable loss: −$9,300
• Est. tax savings @ 24.0%: +$2,232
• After-tax cash flow: $-2,217/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: Gilchrist
• NCES district ID: 1200630
• Math proficiency: 66% ▼ -4.00%
• Reading proficiency: 61% ▼ -5.00%
• Median HH income: $39,610
• Composite: 53.01/100
• National rank: #1522
• State rank: #9 of 73 in FL

Livability — Bell

• Score: 62/100
• State rank: #767
• US rank: #17229

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bell, FL
• City population: 5,227
• Population (ZIP): 5,227

Population outlook (Gilchrist County) Hauer SSP2

• Today (2025): 17,730 people
• By 2030: 17,722 · +-0.0%
• By 2040: 17,393 · -1.9%
• By 2050: 16,597 · -6.4%
• By 2075: 14,300 · -19.3%
• By 2100: 11,498 · -35.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (90%)
• Race & ethnicity: White 90% Hispanic / Latino 7% Two or more races 4%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Lithuanian 9% Romanian 3% Scotch-Irish 2%
• Foreign-born: 7% · Canada
• Languages at home: 93% English-only · Spanish 4% German/W. Germanic 2% Tagalog/Filipino 1%

Political lean MEDSL · Gilchrist

• 2024 margin: Solid R (+68.0) · D 15.6% · R 83.6%
• 2008→2024 swing: -21.2pp toward R · 2008: -46.8pp · 2024: -68.0pp
• All cycles: 2024: R+68.0 2020: R+64.0 2016: R+62.8 2012: R+51.0 2008: R+46.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 9.98%
• Current HPI: 404.4164
• 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

-6.9% since first listed

3 events — show timeline

• 2026-03-06 Price Changed $269,900 DGLMLS
• 2026-02-12 Price Changed $279,900 DGLMLS
• 2025-11-13 Listed $289,900 DGLMLS