4470 NW 32nd St · Ocala, FL 34482

$250,000

2 bd · 2.0 ba · 1,248 sqft · SingleFamily public records · 57 Days on market

Built 1989 0.26 ac lot $200/sqft · at area comps Est $256k · at est. $37/mo HOA · 2% of rent

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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).

• Cash flow +16.3/30.0
• ARV discount +8.6/15.0
• DSCR +5.0/10.0
• Rent growth +5.0/5.0
• 1% rule +3.9/10.0
• Schools +3.6/10.0
• Livability +3.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This move-in ready home in the welcoming Quail Meadow community is a true testament to pride of ownership, presenting itself in immaculate condition from the very first step inside. The open living and dining room combination benefits from soaring vaulted ceilings, creating a spacious and inviting atmosphere that feels effortlessly comfortable. Major updates have already been taken care of, giving you one less thing to worry about. A brand-new air conditioning system was installed in late 2023 and an updated electrical panel in 2025, The electrical panel is prewired to a transfer switch and generator ready. The appliance package is 2 years old. . Beautiful laminate flooring runs throughout the entire home, eliminating carpet entirely and making upkeep a breeze. Plantation shutters adorn every interior window, lending a classic, polished look to each room. The smart split floor plan includes two primary bedrooms, each paired with its own ensuite bathroom. One bedroom features a spacious walk-in closet for those who appreciate extra storage. The bright kitchen comes equipped with a stainless steel appliance package, and the handy breakfast nook opens directly onto the impressive lanai. This ten-by-thirty-foot screened lanai boasts tiled flooring, sliding glass windows, and a portable air conditioning unit. Accessible through double glass doors from two separate entry points, it overlooks a fully fenced backyard ideal for pets. The garage includes epoxy flooring along with hookups for a generator and water softener. Quail Meadow is a 55-plus community with a yearly homeowners association fee of just $444 and plans for gating in the near future. Shopping, dining, medical offices, and the World Equestrian Center are all moments away. Schedule your private tour today!

Key facts

• Laminate flooring
• Generator ready
• Plantation shutters

Tags

• UPDATED ELECTRICAL PANEL
• PREWIRED TO A TRANSFER SWITCH
• GENERATOR READY
• LAMINATE FLOORING
• PLANTATION SHUTTERS
• TWO PRIMARY BEDROOMS

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $250k.

Deal economics

• At list price, monthly cash flow is $135 ($2k/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 $223k (10.9% below list).
• Recommended offer: $223k (10.9% below list) — sets the bar for 1% rule.
• Cap rate 6.9% vs local median 4.2% in Ocala — 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 69/100 on livability (#476 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime F, amenities F, commute 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 rising fast (+11.1%/yr); 663 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 7,071 units permitted in Marion County in 2024 (534 in 5+ unit buildings).
• This rent runs 41% of the median local income ($66k/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.
• Marion County population projected at +13% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 57 days — a 3% lower offer ($242k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 20y 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.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $222,863 (10.9% below list)

Questions for the listing agent

1. It's been on market 57 days. Have you received any prior offers? Is the seller open to a 11% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Crime grade is F 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?
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: 0.89% ✗
• Cap rate: 6.94%
• Cash-on-cash: 2.32%
• DSCR: 1.10
• GRM: 9.3

CMA / ARV

• ARV (median comp): $256,412
• List price: $250,000
• Delta: -2.50%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3303 NW 44th Ter	0.10mi	2/2.0	1,224 (-2%)	13mo	$243,500	$199	81

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 · 8.0% rent growth · sell at horizon

5-year hold

• IRR: -7.4%
• Equity multiple: 0.71×
• Total profit: $-20,142
• Equity at exit: $37,276

10-year hold

• IRR: 7.3%
• Equity multiple: 1.67×
• Total profit: $47,047
• Equity at exit: $21,615

Cash invested: $70,000 (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 34482

• Rents YoY: 11.1%
• Active inventory: 663
• Price-to-rent: 9.3×

Monthly cashflow live

• Estimated rent: $2,229 high
• Mortgage (P&I): −$1,311
• Tax from tax record: −$173 /mo · $2,077/yr
• Insurance: −$104
• HOA: −$37
• Vacancy / Maint / Mgmt: −$468
• Net cashflow: $135

Break-even live

Break-even rent $2,057

Max offer price $250,000

Occupancy floor 89%

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: $62,500
• Closing costs: $7,500
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3335 NW 52nd Avenue Rd Ocala, FL	2.0	2.5	1318	$2,500	$1.90	21d	1	0.69mi
5353 N US Highway 27 Ocala, FL	1.0–3.0	1.0–2.0	1169	$1,785	$1.53	21d	1	0.70mi
5191 NW 34th St Ocala, FL	2.0	2.0	1318	$2,400	$1.82	21d	1	0.73mi
5333 NW 33rd Pl Ocala, FL	2.0	2.0	1368	$2,300	$1.68	13d	1	0.81mi
5361 NW 33rd Pl Ocala, FL	2.0	2.0	1318	$2,500	$1.90	21d	1	0.82mi
5471 NW 34th St Ocala, FL	2.0	2.0	1318	$2,900	$2.20	21d	1	0.92mi
2048 NW 50th Ave Ocala, FL	2.0	2.0	1062	$2,250	$2.12	21d	1	0.93mi
2038 NW 50th Ave Ocala, FL	2.0	2.0	1062	$2,250	$2.12	21d	1	0.94mi
2028 NW 50th Ave Ocala, FL	2.0	2.0	1066	$1,595	$1.50	21d	1	0.95mi
1918 NW 50th Cir Ocala, FL	2.0	2.0	1061	$2,200	$2.07	21d	1	1.00mi
5399 NW 18th St Ocala, FL	2.0	2.0	1085	$2,100	$1.94	21d	1	1.30mi
5399 NW 18th St Ocala, FL	2.0	2.0	1085	$2,100	$1.94	13d	1	1.30mi

HOA detail

• Monthly dues: $37 · $444/yr
• Likely covers: waterelectric

Listing history 34 events

1. 2026-06-18
   days on market $250,000 Active 57 DOM
2. 2026-06-17
   days on market $250,000 Active 56 DOM
3. 2026-06-16
   days on market $250,000 Active 55 DOM
4. 2026-06-15
   days on market $250,000 Active 54 DOM
5. 2026-06-14
   days on market $250,000 Active 52 DOM
6. 2026-06-13
   days on market $250,000 Active 51 DOM
7. 2026-06-10
   days on market $250,000 Active 49 DOM
8. 2026-06-09
   days on market $250,000 Active 48 DOM
9. 2026-06-08
   days on market $250,000 Active 47 DOM
10. 2026-06-07
    days on market $250,000 Active 46 DOM
11. 2026-06-03
    days on market $250,000 Active 42 DOM
12. 2026-06-02
    days on market $250,000 Active 41 DOM
13. 2026-06-01
    days on market $250,000 Active 40 DOM
14. 2026-05-31
    days on market $250,000 Active 39 DOM
15. 2026-05-30
    days on market $250,000 Active 38 DOM
16. 2026-04-22
    listed $250,000 Active 1792-char remark

    Show marketing remark (1792 chars)

    This move-in ready home in the welcoming Quail Meadow community is a true testament to pride of ownership, presenting itself in immaculate condition from the very first step inside. The open living and dining room combination benefits from soaring vaulted ceilings, creating a spacious and inviting atmosphere that feels effortlessly comfortable. Major updates have already been taken care of, giving you one less thing to worry about. A brand-new air conditioning system was installed in late 2023 and an updated electrical panel in 2025, The electrical panel is prewired to a transfer switch and generator ready. The appliance package is 2 years old. . Beautiful laminate flooring runs throughout the entire home, eliminating carpet entirely and making upkeep a breeze. Plantation shutters adorn every interior window, lending a classic, polished look to each room. The smart split floor plan includes two primary bedrooms, each paired with its own ensuite bathroom. One bedroom features a spacious walk-in closet for those who appreciate extra storage. The bright kitchen comes equipped with a stainless steel appliance package, and the handy breakfast nook opens directly onto the impressive lanai. This ten-by-thirty-foot screened lanai boasts tiled flooring, sliding glass windows, and a portable air conditioning unit. Accessible through double glass doors from two separate entry points, it overlooks a fully fenced backyard ideal for pets. The garage includes epoxy flooring along with hookups for a generator and water softener. Quail Meadow is a 55-plus community with a yearly homeowners association fee of just $444 and plans for gating in the near future. Shopping, dining, medical offices, and the World Equestrian Center are all moments away. Schedule your private tour today!

17. 2025-01-06
    soldstatus $272,400 Closed 1347-char remark

    Show marketing remark (1347 chars)

    This home is move in ready and shows pride of ownership. Upon entering you'll notice the home is kept immaculate. The living room dining room combo is open and enhanced by the vaulted ceilings. Relax! High ticket items are done. Roof 10/2014 and New AC in late 2023! Beautiful laminate flooring throughout the home (no carpet) provides ease of maintenance. The layout offers a split plan featuring 2 primary bedrooms, both with ensuite baths. One features a large walk in closet. Plantation shutters on all interior windows. You'll love the lanai, which can be entered through double glass doors (with built in blinds) from 2 locations. This lanai is 10x30 and features a portable AC unit with new sliding glass windows and tiled floor. Enjoy the view of the fully fenced in backyard and a space for your furry friends. The kitchen is bright and offers a stainless appliance package. The breakfast nook is convenient and opens to the lanai. The garage has epoxy flooring and a hookup for a generator and a water softener. Quail Meadow is a 55+ community with a low HOA fee of $475.00 yearly. It will be gated in the very near future. Great location! Close to shopping, restaurants, doctors, I-75 and less than 10 minutes to the world Equestrian Center. Publix and Walgreens are in front of the development. Don't delay, make yourappointment today.

18. 2025-01-06
    soldstatus $272,400

    Show marketing remark (1347 chars)

    This home is move in ready and shows pride of ownership. Upon entering you'll notice the home is kept immaculate. The living room dining room combo is open and enhanced by the vaulted ceilings. Relax! High ticket items are done. Roof 10/2014 and New AC in late 2023! Beautiful laminate flooring throughout the home (no carpet) provides ease of maintenance. The layout offers a split plan featuring 2 primary bedrooms, both with ensuite baths. One features a large walk in closet. Plantation shutters on all interior windows. You'll love the lanai, which can be entered through double glass doors (with built in blinds) from 2 locations. This lanai is 10x30 and features a portable AC unit with new sliding glass windows and tiled floor. Enjoy the view of the fully fenced in backyard and a space for your furry friends. The kitchen is bright and offers a stainless appliance package. The breakfast nook is convenient and opens to the lanai. The garage has epoxy flooring and a hookup for a generator and a water softener. Quail Meadow is a 55+ community with a low HOA fee of $475.00 yearly. It will be gated in the very near future. Great location! Close to shopping, restaurants, doctors, I-75 and less than 10 minutes to the world Equestrian Center. Publix and Walgreens are in front of the development. Don't delay, make yourappointment today.

19. 2024-11-15
    status Pending 1347-char remark

    Show marketing remark (1347 chars)

    This home is move in ready and shows pride of ownership. Upon entering you'll notice the home is kept immaculate. The living room dining room combo is open and enhanced by the vaulted ceilings. Relax! High ticket items are done. Roof 10/2014 and New AC in late 2023! Beautiful laminate flooring throughout the home (no carpet) provides ease of maintenance. The layout offers a split plan featuring 2 primary bedrooms, both with ensuite baths. One features a large walk in closet. Plantation shutters on all interior windows. You'll love the lanai, which can be entered through double glass doors (with built in blinds) from 2 locations. This lanai is 10x30 and features a portable AC unit with new sliding glass windows and tiled floor. Enjoy the view of the fully fenced in backyard and a space for your furry friends. The kitchen is bright and offers a stainless appliance package. The breakfast nook is convenient and opens to the lanai. The garage has epoxy flooring and a hookup for a generator and a water softener. Quail Meadow is a 55+ community with a low HOA fee of $475.00 yearly. It will be gated in the very near future. Great location! Close to shopping, restaurants, doctors, I-75 and less than 10 minutes to the world Equestrian Center. Publix and Walgreens are in front of the development. Don't delay, make yourappointment today.

20. 2024-09-10
    listed $274,775 Active 1347-char remark

    Show marketing remark (1347 chars)

    This home is move in ready and shows pride of ownership. Upon entering you'll notice the home is kept immaculate. The living room dining room combo is open and enhanced by the vaulted ceilings. Relax! High ticket items are done. Roof 10/2014 and New AC in late 2023! Beautiful laminate flooring throughout the home (no carpet) provides ease of maintenance. The layout offers a split plan featuring 2 primary bedrooms, both with ensuite baths. One features a large walk in closet. Plantation shutters on all interior windows. You'll love the lanai, which can be entered through double glass doors (with built in blinds) from 2 locations. This lanai is 10x30 and features a portable AC unit with new sliding glass windows and tiled floor. Enjoy the view of the fully fenced in backyard and a space for your furry friends. The kitchen is bright and offers a stainless appliance package. The breakfast nook is convenient and opens to the lanai. The garage has epoxy flooring and a hookup for a generator and a water softener. Quail Meadow is a 55+ community with a low HOA fee of $475.00 yearly. It will be gated in the very near future. Great location! Close to shopping, restaurants, doctors, I-75 and less than 10 minutes to the world Equestrian Center. Publix and Walgreens are in front of the development. Don't delay, make yourappointment today.

21. 2023-07-31
    soldstatus $243,000 Closed
22. 2023-06-20
    status Pending
23. 2023-06-17
    listed $245,000 Active
24. 2013-12-23
    soldstatus $87,000
25. 2013-12-20
    soldstatus $87,000
26. 2013-09-30
    listed $90,000
27. 2009-12-29
    soldstatus $99,000
28. 2009-12-17
    soldstatus $99,000
29. 2009-08-30
    listed $110,000
30. 2006-06-26
    soldstatus $148,500
31. 2006-06-24
    soldstatus $148,500
32. 2006-04-04
    listed $151,500
33. 1992-12-01
    soldstatus $68,900
34. 1989-08-01
    soldstatus $66,900

ⓘ 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: $2,077 · $173/mo
• Projected year-2 tax: $2,077 · $173/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 8/10 Severe 7 d/yr ≥107°F today · 22 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 · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,744
• − Mortgage interest: −$14,004
• − Property taxes: −$2,077
• − Insurance: −$1,250
• − Repairs & maintenance: −$2,139
• − Management: −$2,139
• − HOA: −$444
• − Depreciation: −$7,273
• Taxable loss: −$2,583
• Est. tax savings @ 24.0%: +$620
• After-tax cash flow: $2,244/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 — Ocala

• Score: 69/100
• State rank: #476
• US rank: #8461

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Marion County · 315,796 people
• City population: 263,375
• Metro: Ocala, FL
• Population (ZIP): 22,807
• Household income: $65,901
• Rent vs Own: 16.7% rent · 83.3% own
• Severe rent burden: 282.0

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: Majority White (63%)
• Race & ethnicity: White 63% Hispanic / Latino 19% Black 14% Two or more races 12%
• Hispanic origin (detail): Mexican 6% Puerto Rican 9% Cuban 2%
• Common ancestry: Lithuanian 2% Romanian 2% Slovak 2%
• Foreign-born: 10% · Canada
• Languages at home: 81% English-only · Spanish 16% 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: ▼ -133.62%
• Current HPI: 194.3857
• Rent YoY: ▲ 11.12%
• 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

+273.7% since first listed

19 events — show timeline

• 2026-04-22 Listed $250,000 Stellar MLS as Distributed by MLS Grid
• 2025-01-06 Sold (Public Records) $272,400 Public Records
• 2025-01-06 Sold (MLS) $272,400 Stellar MLS as Distributed by MLS Grid
• 2024-11-15 Pending — Stellar MLS as Distributed by MLS Grid
• 2024-09-10 Listed $274,775 Stellar MLS as Distributed by MLS Grid
• 2023-07-31 Sold (MLS) $243,000 Stellar MLS as Distributed by MLS Grid
• 2023-06-20 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-06-17 Listed $245,000 Stellar MLS as Distributed by MLS Grid
• 2013-12-23 Sold (Public Records) $87,000 Public Records
• 2013-12-20 Sold (MLS) $87,000 Stellar MLS as Distributed by MLS Grid
• 2013-09-30 Listed $90,000 Stellar MLS as Distributed by MLS Grid
• 2009-12-29 Sold (Public Records) $99,000 Public Records
• 2009-12-17 Sold (MLS) $99,000 Stellar MLS as Distributed by MLS Grid
• 2009-08-30 Listed $110,000 Stellar MLS as Distributed by MLS Grid
• 2006-06-26 Sold (Public Records) $148,500 Public Records
• 2006-06-24 Sold (MLS) $148,500 Stellar MLS as Distributed by MLS Grid
• 2006-04-04 Listed $151,500 Stellar MLS as Distributed by MLS Grid
• 1992-12-01 Sold (Public Records) $68,900 Public Records
• 1989-08-01 Sold (Public Records) $66,900 Public Records

Property tax history

+3.2%/yr

Latest (2025): $2,077 · +13.2% YoY. Source: county tax records.