329 Oak Track Dr · Silver Springs Shores, FL 34472

$220,000

3 bd · 2.0 ba · 1,342 sqft · SingleFamily public records · 46 Days on market

Built 1987 0.27 ac lot $164/sqft · at area comps Est $213k · at est. $24/mo HOA · 1% 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 +8.5/30.0
• Appreciation +8.0/10.0
• ARV discount +6.1/15.0
• Schools +3.6/10.0
• Livability +3.4/5.0
• 1% rule +2.9/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +2.3/10.0

Listing remarks MLS

Auction Property. AUCTION IS CLOSED SELLER WILL SIGN THE CONTRACT ONCE THEY RECIEVE FROM THE AUCTION. THEN I WILL PLACE PENDING. Great Price Reduction :This 3 Bedroom 2 bath home is located in a great area in Ocala . Also located near Lake Weir High schools and the fast growing area of Silver Springs. Also located to schools and shopping and medical facilities . Recreation services include a community center and youth center. ALL INFORMATION IS DEEMED TO BE RELIABLE AND SHOULD BE CONFIRMED BY ALL PARTIES.

Key facts

• Newer roof
• Granite countertops
• Enclosed back room

Tags

• NEWER ROOF
• UPDATED LAMINATE FLOORING
• GRANITE COUNTERTOPS
• ENCLOSED BACK ROOM
• FENCED BACKYARD
• ACCESS TO SCENIC LAKES

Property features AI

Finance

• Other: Total acreage: between 1/4 and less than 1/2 acre (approx. 0.27 acres, lot ~80x145, asphalt road); Living area reported as 1342 (public records); total building area reported as 2005; Unfurnished
• HOA & community: Has HOA; association fees required; Monthly HOA approximately $12 (annual $144); Association approval required; Pets allowed

Exterior

• Parking: Attached garage with 1 garage space
• Utilities: Public water; Public sewer; Electricity connected
• Home design: Single family residence; One story; Faces southeast
• Construction: Stucco and frame construction; Shingle roof; Slab foundation; Built as residential (R1 zoning)
• Exterior features: Other exterior features

Interior

• Kitchen: Dishwasher; Range; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Laminate; Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans; Eat-in kitchen; Living room / dining room combo; Open floorplan
• Laundry & utility: Laundry area (other)

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $220k.

Deal economics

• At list price, monthly cash flow is $-191 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $186k (15.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $174k (20.7% below list).
• Recommended offer: $174k (20.7% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 68/100 on livability (#527 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A-; Watch: crime C-, employment D, schools F.
• Marion (rural): math 42% / reading 43% proficiency, ranked #61 of 73 in FL (top 84%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 61% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents flat; 674 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals at typical pace (median 14d 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 33% of the median local income ($64k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $15k of equity ($2k loan paydown + $13k appreciation (5.9% local appreciation)).
• Marion County population projected at +13% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• By year 3, paydown + projected appreciation supports a ~$36k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 46 days — a 3% lower offer ($213k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts; this cycle's ask has dropped $20k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $110k; list at $220k implies a 100% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $174,456 (20.7% 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 46 days. Have you received any prior offers? Is the seller open to a 21% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 0.79% ✗
• Cap rate: 5.25%
• Cash-on-cash: -3.73%
• DSCR: 0.83
• GRM: 10.5

CMA / ARV

• ARV (median comp): $213,297
• List price: $220,000
• Delta: 3.14%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
233 Locust Pass Dr	0.54mi	3/2.0	1,298 (-3%)	2mo	$238,000	$183	68
235 Locust Pass Ln	0.39mi	3/2.0	1,380 (+3%)	13mo	$255,000	$185	67
313 Oak Track Trce	0.23mi	3/2.0	1,156 (-14%)	10mo	$199,000	$172	58
316 Oak Lane Pass	0.51mi	3/2.0	1,328 (-1%)	24mo	$270,000	$203	55
235 Oak Lane Loop	0.63mi	3/2.0	1,445 (+8%)	15mo	$155,000	$107	45
274 Locust Pass	0.68mi	3/2.0	1,144 (-15%)	24mo	$241,550	$211	24

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: 11.1%
• Equity multiple: 1.74×
• Total profit: $45,677
• Equity at exit: $137,364

10-year hold

• IRR: 11.3%
• Equity multiple: 3.20×
• Total profit: $135,513
• Equity at exit: $248,299

Cash invested: $61,600 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

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

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

Methodology + full state rankings →

ZIP-level market 34472

• Home prices YoY: 2.4%
• Rents YoY: 0.2%
• Active inventory: 674
• Price-to-rent: 10.5×

Monthly cashflow live

• Estimated rent: $1,745 high
• Mortgage (P&I): −$1,154
• Tax from tax record: −$300 /mo · $3,602/yr
• Insurance: −$92
• HOA: −$24
• Vacancy / Maint / Mgmt: −$366
• Net cashflow: $-191

Break-even live

Break-even rent $1,987

Max offer price $186,198

Occupancy floor —

Sensitivity live

Price	-10% $-67	-5% $-129	+0% $-191	+5% $-254	+10% $-316
Rent	-10% $-329	-5% $-260	+0% $-191	+5% $-122	+10% $-54
Rate	-1.0pp $-81	-0.5pp $-135	base $-191	+0.5pp $-248	+1.0pp $-306

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: $55,000
• Closing costs: $6,600
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
325 Oak Track Ct Ocala, FL	3.0	2.0	1163	$1,550	$1.33	21d	1	0.19mi
217 Locust Pass Ln Ocala, FL	3.0	2.0	1011	$1,697	$1.68	14d	1	0.44mi
217 Locust Pass Crse Ocala, FL	3.0	2.0	1232	$1,650	$1.34	14d	1	0.50mi
80 Locust Pass Run Ocala, FL	3.0	2.0	1003	$1,595	$1.59	14d	1	0.52mi
310 Oak Lane Pass Ocala, FL	2.0	2.0	988	$1,325	$1.34	21d	1	0.52mi
219 Locust Ln Ocala, FL	3.0	2.0	1232	$1,650	$1.34	14d	1	0.72mi
202 Oak Lane Cir Ocala, FL	3.0	2.0	1232	$1,650	$1.34	14d	1	0.83mi
342 Locust Pass Ocala, FL	3.0	2.0	1232	$1,650	$1.34	14d	1	1.09mi
27 Sapphire Run Ocala, FL	3.0	2.0	1255	$1,500	$1.20	21d	1	1.24mi

HOA detail

• Monthly dues: $24 · $288/yr

Listing history 26 events

1. 2026-06-18
   days on market $220,000 Active 46 DOM
2. 2026-06-17
   days on market $220,000 Active 45 DOM
3. 2026-06-16
   days on market $220,000 Active 44 DOM
4. 2026-06-15
   days on market $220,000 Active 43 DOM
5. 2026-06-14
   days on market $220,000 Active 41 DOM
6. 2026-06-13
   pricedays on market $220,000 Active 40 DOM
7. 2026-06-10
   days on market $229,900 Active 38 DOM
8. 2026-06-09
   days on market $229,900 Active 37 DOM
9. 2026-06-08
   days on market $229,900 Active 36 DOM
10. 2026-06-07
    days on market $229,900 Active 35 DOM
11. 2026-06-03
    pricedays on market $229,900 Active 31 DOM
12. 2026-06-02
    days on market $234,900 Active 30 DOM
13. 2026-06-01
    days on market $234,900 Active 29 DOM
14. 2026-05-31
    days on market $234,900 Active 28 DOM
15. 2026-05-30
    days on market $234,900 Active 27 DOM
16. 2026-05-14
    price $234,900 1214-char remark
17. 2026-05-03
    listed $240,000 Active 1214-char remark
18. 2026-02-01
    soldstatus $110,000 Closed 514-char remark

    Show marketing remark (514 chars)

    Auction Property. AUCTION IS CLOSED SELLER WILL SIGN THE CONTRACT ONCE THEY RECIEVE FROM THE AUCTION. THEN I WILL PLACE PENDING. Great Price Reduction :This 3 Bedroom 2 bath home is located in a great area in Ocala . Also located near Lake Weir High schools and the fast growing area of Silver Springs. Also located to schools and shopping and medical facilities . Recreation services include a community center and youth center. ALL INFORMATION IS DEEMED TO BE RELIABLE AND SHOULD BE CONFIRMED BY ALL PARTIES.

19. 2025-12-15
    status Pending 514-char remark

    Show marketing remark (514 chars)

    Auction Property. AUCTION IS CLOSED SELLER WILL SIGN THE CONTRACT ONCE THEY RECIEVE FROM THE AUCTION. THEN I WILL PLACE PENDING. Great Price Reduction :This 3 Bedroom 2 bath home is located in a great area in Ocala . Also located near Lake Weir High schools and the fast growing area of Silver Springs. Also located to schools and shopping and medical facilities . Recreation services include a community center and youth center. ALL INFORMATION IS DEEMED TO BE RELIABLE AND SHOULD BE CONFIRMED BY ALL PARTIES.

20. 2025-11-20
    status Active 514-char remark

    Show marketing remark (514 chars)

    Auction Property. AUCTION IS CLOSED SELLER WILL SIGN THE CONTRACT ONCE THEY RECIEVE FROM THE AUCTION. THEN I WILL PLACE PENDING. Great Price Reduction :This 3 Bedroom 2 bath home is located in a great area in Ocala . Also located near Lake Weir High schools and the fast growing area of Silver Springs. Also located to schools and shopping and medical facilities . Recreation services include a community center and youth center. ALL INFORMATION IS DEEMED TO BE RELIABLE AND SHOULD BE CONFIRMED BY ALL PARTIES.

21. 2025-11-19
    historical 514-char remark

    Show marketing remark (514 chars)

    Auction Property. AUCTION IS CLOSED SELLER WILL SIGN THE CONTRACT ONCE THEY RECIEVE FROM THE AUCTION. THEN I WILL PLACE PENDING. Great Price Reduction :This 3 Bedroom 2 bath home is located in a great area in Ocala . Also located near Lake Weir High schools and the fast growing area of Silver Springs. Also located to schools and shopping and medical facilities . Recreation services include a community center and youth center. ALL INFORMATION IS DEEMED TO BE RELIABLE AND SHOULD BE CONFIRMED BY ALL PARTIES.

22. 2025-11-13
    price $125,100 514-char remark

    Show marketing remark (514 chars)

    Auction Property. AUCTION IS CLOSED SELLER WILL SIGN THE CONTRACT ONCE THEY RECIEVE FROM THE AUCTION. THEN I WILL PLACE PENDING. Great Price Reduction :This 3 Bedroom 2 bath home is located in a great area in Ocala . Also located near Lake Weir High schools and the fast growing area of Silver Springs. Also located to schools and shopping and medical facilities . Recreation services include a community center and youth center. ALL INFORMATION IS DEEMED TO BE RELIABLE AND SHOULD BE CONFIRMED BY ALL PARTIES.

23. 2025-10-05
    price $139,000 514-char remark

    Show marketing remark (514 chars)

    Auction Property. AUCTION IS CLOSED SELLER WILL SIGN THE CONTRACT ONCE THEY RECIEVE FROM THE AUCTION. THEN I WILL PLACE PENDING. Great Price Reduction :This 3 Bedroom 2 bath home is located in a great area in Ocala . Also located near Lake Weir High schools and the fast growing area of Silver Springs. Also located to schools and shopping and medical facilities . Recreation services include a community center and youth center. ALL INFORMATION IS DEEMED TO BE RELIABLE AND SHOULD BE CONFIRMED BY ALL PARTIES.

24. 2025-09-22
    price $154,440 514-char remark

    Show marketing remark (514 chars)

    Auction Property. AUCTION IS CLOSED SELLER WILL SIGN THE CONTRACT ONCE THEY RECIEVE FROM THE AUCTION. THEN I WILL PLACE PENDING. Great Price Reduction :This 3 Bedroom 2 bath home is located in a great area in Ocala . Also located near Lake Weir High schools and the fast growing area of Silver Springs. Also located to schools and shopping and medical facilities . Recreation services include a community center and youth center. ALL INFORMATION IS DEEMED TO BE RELIABLE AND SHOULD BE CONFIRMED BY ALL PARTIES.

25. 2025-08-22
    listed $171,600 Active 514-char remark

    Show marketing remark (514 chars)

    Auction Property. AUCTION IS CLOSED SELLER WILL SIGN THE CONTRACT ONCE THEY RECIEVE FROM THE AUCTION. THEN I WILL PLACE PENDING. Great Price Reduction :This 3 Bedroom 2 bath home is located in a great area in Ocala . Also located near Lake Weir High schools and the fast growing area of Silver Springs. Also located to schools and shopping and medical facilities . Recreation services include a community center and youth center. ALL INFORMATION IS DEEMED TO BE RELIABLE AND SHOULD BE CONFIRMED BY ALL PARTIES.

26. 1987-02-01
    soldstatus $81,400

ⓘ 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: $3,602 · $300/mo
• Projected year-2 tax: $3,602 · $300/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 9/10 Extreme 7 d/yr ≥108°F today · 23 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,935
• − Mortgage interest: −$12,323
• − Property taxes: −$3,602
• − Insurance: −$1,100
• − Repairs & maintenance: −$1,675
• − Management: −$1,675
• − HOA: −$288
• − Depreciation: −$6,400
• Taxable loss: −$6,128
• Est. tax savings @ 24.0%: +$1,471
• After-tax cash flow: $-825/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Marion
• NCES district ID: 1201260
• Math proficiency: 42% ▼ -7.00%
• Reading proficiency: 43% ▼ -4.00%
• Median HH income: $40,015
• Composite: 35.61/100
• National rank: #4890
• State rank: #61 of 73 in FL

Livability — Silver Springs Shores

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

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

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

Population outlook (Marion County) Hauer SSP2

• Today (2025): 365,905 people
• By 2030: 376,768 · +3.0%
• By 2040: 396,555 · +8.4%
• By 2050: 412,723 · +12.8%
• By 2075: 446,090 · +21.9%
• By 2100: 436,193 · +19.2%

Race, ethnicity, and origin ACS 2023

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

Political lean MEDSL · Marion

• 2024 margin: Solid R (+31.6) · D 33.8% · R 65.5%
• 2008→2024 swing: -20.0pp toward R · 2008: -11.6pp · 2024: -31.6pp
• All cycles: 2024: R+31.6 2020: R+25.9 2016: R+26.2 2012: R+16.2 2008: R+11.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 5.93%
• Current HPI: 255.0714
• Rent YoY: ▲ 0.17%
• Metro: Ocala, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+170.3% since first listed

13 events — show timeline

• 2026-06-12 Price Changed $220,000 Stellar MLS as Distributed by MLS Grid
• 2026-06-03 Price Changed $229,900 Stellar MLS as Distributed by MLS Grid
• 2026-05-14 Price Changed $234,900 Stellar MLS as Distributed by MLS Grid
• 2026-05-03 Listed $240,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-01 Sold (MLS) $110,000 Stellar MLS as Distributed by MLS Grid
• 2025-12-15 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-11-20 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-11-19 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-11-13 Price Changed $125,100 Stellar MLS as Distributed by MLS Grid
• 2025-10-05 Price Changed $139,000 Stellar MLS as Distributed by MLS Grid
• 2025-09-22 Price Changed $154,440 Stellar MLS as Distributed by MLS Grid
• 2025-08-22 Listed $171,600 Stellar MLS as Distributed by MLS Grid
• 1987-02-01 Sold (Public Records) $81,400 Public Records

Property tax history

+16.1%/yr

Latest (2025): $3,602 · +11.3% YoY. Source: county tax records.