7833 Golf Paradise Way · Groveland, 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 6/10 · Moderate
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 9/10 · Severe
- Hot days now (above 108°F)
- 7 days/yr
- Hot days in 30 yrs
- 25 days/yr
Wind risk 9/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 1/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 0 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the F 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).
- ARV discount +7.5/15.0
- Schools +4.2/10.0
- Cash flow +3.9/30.0
- Livability +3.5/5.0
- Rent growth +2.8/5.0
- Condition / age +2.5/5.0
- 1% rule +0.0/10.0
- DSCR +0.0/10.0
- Appreciation +0.0/10.0
$675,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
* * * PRESENTING ALL OFFERS ON SUN MAY 9 AT 12PM. * * * HIGHEST AND BEST OFFERS MUST BE RECEIVED BY 5:00PM SATURDAY MAY 8. This immaculate 3 bedroom 2 bath, 1,814 SqFt POOL home is waiting for you! Arriving at the home you will be blown away by the incredible curb appeal, large driveway and beautiful landscaping. Stepping inside you are instantly welcomed by the bright and airy open floor plan with views straight out to the refreshing pool. The large and spacious living and dining area opens right up to the kitchen and is beautifully lit by the sliding glass doors and large windows. The kitchen comes fully equipped with stainless steel appliances and beautiful cabinetry. On one side of the home you will find a large den/office with two sets of sliding glass doors and tons of space. You will also find a full bathroom and two additional bedrooms, one with its own set of sliding glass doors out to the lanai with brand new screens. On the other side of the home you will find the incredible master suite. The master suite comes complete with a private set of sliding glass doors, a large walk-in closet, and a master bath fully equipped with dual vanities and a large walk-in shower. Take a step out the sliding glass doors and jump in the refreshing pool or relax in the spa with the comfort of no rear neighbors being backed up to the golf course. This home is perfectly situated on an oversized lot on 0.69 acres that is fully fenced in the highly desired Swiss Fairways community. You will fall in love with the details of this home like the AC and appliances being only 6 years old, tile throughout for easy maintenance, NO HOA, freshly painted interior and exterior painted in 2020, a spacious 3 car garage with a custom spot made for motorcycles, concrete tile roof, a whole house generator, and so much more. You will not want to miss out on this opportunity!
Key facts
- Expansive island
- Sliding glass doors
- Oversized cabinetry
Tags
Property features AI
Finance
- Other: Pets allowed
- HOA & community: No secondary association indicated
Exterior
- Parking: Attached garage; 3-car oversized garage (approx. 23 x 31)
- Utilities: Well water; Septic tank; Broadband/high‑speed internet available; Cable available; Electricity connected; Propane
- Home design: Single-family residence; One story; Faces southeast; Residential zoning (PUD); Homestead exempt
- Construction: Block and stucco construction; Tile roof; Slab foundation; Built on one level
- Exterior features: Patio with screened enclosure; Exterior lighting; Sliding doors; Chain link fencing; Oversized lot; Paved surfaces
Interior
- Kitchen: Dishwasher; Range; Microwave; Refrigerator; Electric water heater
- Bedrooms: 3 bedrooms
- Flooring: Carpet; Tile
- Bathrooms: 2 full bathrooms
- Heating & cooling: Central heating; Central air conditioning
- Interior features: Ceiling fans; Vaulted ceilings; Walk-in closets
- Laundry & utility: Washer and dryer included; Laundry room inside
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $675k.
Deal economics
- At list price, monthly cash flow is $-2k ($-23k/yr) — negative.
- To cash-flow at today's rent, offer at most $336k (50.3% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $283k (58.0% below list).
- Recommended offer: $283k (58.0% below list) — sets the bar for 1% rule.
- Cap rate 2.9% vs local median 4.0% in Groveland — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.
Location & tenants
- Location reads 70/100 on livability (#416 in FL) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A-, crime B+; Watch: schools C-, amenities F, commute F.
- Lake (suburban): math 49% / reading 50% proficiency, ranked #37 of 73 in FL (top 51%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Market conditions: Rents rising (+1.1%/yr); 685 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals leasing fast (median 5d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 4,799 units permitted in Lake County in 2024 (814 in 5+ unit buildings).
- This rent runs 38% of the median local income ($90k/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 $5k of loan paydown is wiped out by about $20k of value loss. Plan a longer hold.
- Lake County population projected at +37% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 70 days — a 6% lower offer ($634k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts since 5y 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 $411k; list at $675k implies a 64% 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; major wildfire risk; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- 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?
- It's been on market 70 days. Have you received any prior offers? Is the seller open to a 58% concession, seller financing, or rate buy-down credit?
- 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.
- 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?
- 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 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
- 0.42% ✗
- Cap rate
- 2.88%
- Cash-on-cash
- -12.20%
- DSCR
- 0.46
- GRM
- 19.8
CMA / ARV
- ARV (on-the-fly)
- $444,430
- Comps found
- 1
Show comp detail 1 sale within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 12529 Lake Denise Blvd | 0.17mi | 3/2.0 | 1,652 (-9%) | 22mo | $404,990 | $245 | 59 |
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 · 1.13% rent growth · sell at horizon
- IRR
- -40.6%
- Equity multiple
- -0.26×
- Total profit
- $-237,215
- Equity at exit
- $100,645
- IRR
- -77.5%
- Equity multiple
- -1.04×
- Total profit
- $-385,863
- Equity at exit
- $58,362
Cash invested: $189,000 (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
ZIP-level market 34711
- Home prices YoY
- -29.3%
- Rents YoY
- 1.1%
- Active inventory
- 685
- Price-to-rent
- 19.8×
Monthly cashflow live
- Estimated rent
- $2,834 medium interval (Pro) →
- Mortgage (P&I)
- −$3,540
- Tax from tax record
- −$339 /mo · $4,065/yr
- Insurance
- −$281
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$595
- Net cashflow
- $-1,921
Break-even live
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
- $168,750
- Closing costs
- $20,250
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 5 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 12534 Lake Denise Blvd Unit 1565894P Clermont, FL | 3.0 | 3.0 | 1765 | $7,500 | $4.25 | 2d | 1 | 0.14mi |
| 7636 Swiss Fairways Ave Unit 1565889P Clermont, FL | 3.0 | 3.0 | 1786 | $7,694 | $4.31 | 5d | 1 | 0.50mi |
| 7546 Swiss Fairways Ave Unit 1565897P Clermont, FL | 2.0 | 2.0 | 2271 | $7,050 | $3.10 | 5d | 1 | 0.56mi |
| 7534 Swiss Fairways Ave Unit 1565900P Clermont, FL | 2.0 | 2.0 | 1743 | $6,823 | $3.91 | 2d | 1 | 0.58mi |
| 6814 Redwing Rd Groveland, FL | 3.0 | 2.0 | 1920 | $2,400 | $1.25 | 23d | 1 | 1.08mi |
Listing history 20 events
-
2026-06-18days on market $675,000 Active 70 DOM
-
2026-06-17days on market $675,000 Active 69 DOM
-
2026-06-16days on market $675,000 Active 68 DOM
-
2026-06-15days on market $675,000 Active 67 DOM
-
2026-06-13days on market $675,000 Active 65 DOM
-
2026-06-09days on market $675,000 Active 61 DOM
-
2026-06-08days on market $675,000 Active 60 DOM
-
2026-06-07days on market $675,000 Active 59 DOM
-
2026-06-04days on market $675,000 Active 56 DOM
-
2026-06-03days on market $675,000 Active 55 DOM
-
2026-06-02days on market $675,000 Active 54 DOM
-
2026-06-01days on market $675,000 Active 53 DOM
-
2026-05-31days on market $675,000 Active 52 DOM
-
2026-04-09$675,000 Active
-
2021-06-10soldstatus $411,000
-
2021-05-24soldstatus $411,000 Closed 1882-char remark
Show marketing remark (1882 chars)
* * * PRESENTING ALL OFFERS ON SUN MAY 9 AT 12PM. * * * HIGHEST AND BEST OFFERS MUST BE RECEIVED BY 5:00PM SATURDAY MAY 8. This immaculate 3 bedroom 2 bath, 1,814 SqFt POOL home is waiting for you! Arriving at the home you will be blown away by the incredible curb appeal, large driveway and beautiful landscaping. Stepping inside you are instantly welcomed by the bright and airy open floor plan with views straight out to the refreshing pool. The large and spacious living and dining area opens right up to the kitchen and is beautifully lit by the sliding glass doors and large windows. The kitchen comes fully equipped with stainless steel appliances and beautiful cabinetry. On one side of the home you will find a large den/office with two sets of sliding glass doors and tons of space. You will also find a full bathroom and two additional bedrooms, one with its own set of sliding glass doors out to the lanai with brand new screens. On the other side of the home you will find the incredible master suite. The master suite comes complete with a private set of sliding glass doors, a large walk-in closet, and a master bath fully equipped with dual vanities and a large walk-in shower. Take a step out the sliding glass doors and jump in the refreshing pool or relax in the spa with the comfort of no rear neighbors being backed up to the golf course. This home is perfectly situated on an oversized lot on 0.69 acres that is fully fenced in the highly desired Swiss Fairways community. You will fall in love with the details of this home like the AC and appliances being only 6 years old, tile throughout for easy maintenance, NO HOA, freshly painted interior and exterior painted in 2020, a spacious 3 car garage with a custom spot made for motorcycles, concrete tile roof, a whole house generator, and so much more. You will not want to miss out on this opportunity!
-
2021-05-09status Pending 1882-char remark
Show marketing remark (1882 chars)
* * * PRESENTING ALL OFFERS ON SUN MAY 9 AT 12PM. * * * HIGHEST AND BEST OFFERS MUST BE RECEIVED BY 5:00PM SATURDAY MAY 8. This immaculate 3 bedroom 2 bath, 1,814 SqFt POOL home is waiting for you! Arriving at the home you will be blown away by the incredible curb appeal, large driveway and beautiful landscaping. Stepping inside you are instantly welcomed by the bright and airy open floor plan with views straight out to the refreshing pool. The large and spacious living and dining area opens right up to the kitchen and is beautifully lit by the sliding glass doors and large windows. The kitchen comes fully equipped with stainless steel appliances and beautiful cabinetry. On one side of the home you will find a large den/office with two sets of sliding glass doors and tons of space. You will also find a full bathroom and two additional bedrooms, one with its own set of sliding glass doors out to the lanai with brand new screens. On the other side of the home you will find the incredible master suite. The master suite comes complete with a private set of sliding glass doors, a large walk-in closet, and a master bath fully equipped with dual vanities and a large walk-in shower. Take a step out the sliding glass doors and jump in the refreshing pool or relax in the spa with the comfort of no rear neighbors being backed up to the golf course. This home is perfectly situated on an oversized lot on 0.69 acres that is fully fenced in the highly desired Swiss Fairways community. You will fall in love with the details of this home like the AC and appliances being only 6 years old, tile throughout for easy maintenance, NO HOA, freshly painted interior and exterior painted in 2020, a spacious 3 car garage with a custom spot made for motorcycles, concrete tile roof, a whole house generator, and so much more. You will not want to miss out on this opportunity!
-
2021-05-04$375,000 Active 1882-char remark
Show marketing remark (1882 chars)
* * * PRESENTING ALL OFFERS ON SUN MAY 9 AT 12PM. * * * HIGHEST AND BEST OFFERS MUST BE RECEIVED BY 5:00PM SATURDAY MAY 8. This immaculate 3 bedroom 2 bath, 1,814 SqFt POOL home is waiting for you! Arriving at the home you will be blown away by the incredible curb appeal, large driveway and beautiful landscaping. Stepping inside you are instantly welcomed by the bright and airy open floor plan with views straight out to the refreshing pool. The large and spacious living and dining area opens right up to the kitchen and is beautifully lit by the sliding glass doors and large windows. The kitchen comes fully equipped with stainless steel appliances and beautiful cabinetry. On one side of the home you will find a large den/office with two sets of sliding glass doors and tons of space. You will also find a full bathroom and two additional bedrooms, one with its own set of sliding glass doors out to the lanai with brand new screens. On the other side of the home you will find the incredible master suite. The master suite comes complete with a private set of sliding glass doors, a large walk-in closet, and a master bath fully equipped with dual vanities and a large walk-in shower. Take a step out the sliding glass doors and jump in the refreshing pool or relax in the spa with the comfort of no rear neighbors being backed up to the golf course. This home is perfectly situated on an oversized lot on 0.69 acres that is fully fenced in the highly desired Swiss Fairways community. You will fall in love with the details of this home like the AC and appliances being only 6 years old, tile throughout for easy maintenance, NO HOA, freshly painted interior and exterior painted in 2020, a spacious 3 car garage with a custom spot made for motorcycles, concrete tile roof, a whole house generator, and so much more. You will not want to miss out on this opportunity!
-
2002-04-02soldstatus $160,600
-
2000-05-05soldstatus $400,400
ⓘ 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
- $4,065 · $339/mo
- Projected year-2 tax
- $5,602 · $467/mo
- Expected delta
- +$1,538/yr (+$128/mo · 37.8%)
ⓘ 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 6/10 Major
- Heat 9/10 Extreme 7 d/yr ≥108°F today · 25 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $34,011
- − Mortgage interest
- −$37,810
- − Property taxes
- −$4,065
- − Insurance
- −$3,375
- − Repairs & maintenance
- −$2,721
- − Management
- −$2,721
- − Depreciation
- −$19,636
- Taxable loss
- −$36,318
- Est. tax savings @ 24.0%
- +$8,716
- After-tax cash flow
- $-14,333/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
- Lake
- NCES district ID
- 1201050
- Math proficiency
- 49% ▼ -7.00%
- Reading proficiency
- 50% ▼ -4.00%
- Median HH income
- $46,632
- Composite
- 42.05/100
- National rank
- #3327
- State rank
- #37 of 73 in FL
Livability — Groveland
- Score
- 70/100
- State rank
- #416
- US rank
- #7397
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Lake County · 364,602 people
- City population
- 28,001
- Metro
- Orlando-Kissimmee-Sanford, FL
- Population (ZIP)
- 70,317
- Household income
- $90,245
- Rent vs Own
- Severe rent burden
- 1807.0
Population outlook (Lake County) Hauer SSP2
- Today (2025)
- 386,640 people
- By 2030
- 417,107 · +7.9%
- By 2040
- 476,676 · +23.3%
- By 2050
- 531,296 · +37.4%
- By 2075
- 648,303 · +67.7%
- By 2100
- 698,530 · +80.7%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.63)
- Race & ethnicity
- White 55% Hispanic / Latino 23% Two or more races 18% Black 11% Asian 4%
- Hispanic origin (detail)
- Mexican 2% Puerto Rican 8% Cuban 2% Dominican 3%
- Common ancestry
- Lithuanian 2% Romanian 2% Slovak 1%
- Foreign-born
- 17% · Canada, Jamaica
- Languages at home
- 80% English-only · Spanish 15% Other Indo-European 2% French/Haitian/Cajun 1%
Political lean MEDSL · Lake
- 2024 margin
- Strong R (+24.7) · D 37.3% · R 62.0%
- 2008→2024 swing
- -11.2pp toward R · 2008: -13.5pp · 2024: -24.7pp
- All cycles
- 2024: R+24.7 2020: R+20.0 2016: R+23.1 2012: R+17.1 2008: R+13.5
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -114.66%
- Current HPI
- 276.2528
- Rent YoY
- ▲ 1.13%
- Metro
- Orlando-Kissimmee-Sanford, 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
+68.6% since first listed7 events — show timeline
- 2026-04-09 Listed $675,000 Stellar MLS as Distributed by MLS Grid
- 2021-06-10 Sold (Public Records) $411,000 Public Records
- 2021-05-24 Sold (MLS) $411,000 Stellar MLS as Distributed by MLS Grid
- 2021-05-09 Pending — Stellar MLS as Distributed by MLS Grid
- 2021-05-04 Listed $375,000 Stellar MLS as Distributed by MLS Grid
- 2002-04-02 Sold (Public Records) $160,600 Public Records
- 2000-05-05 Sold (Public Records) $400,400 Public Records
Property tax history
+4.4%/yrLatest (2025): $4,065 · +2.5% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…