3700 Idlebrook Cir #112 · Winter Springs, FL 32707

$139,900

1 bd · 1.0 ba · 645 sqft · Condo public records · 83 Days on market

Built 1985 $335/mo HOA · 23% 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 +9.8/30.0
• ARV discount +7.5/15.0
• 1% rule +5.6/10.0
• Schools +5.1/10.0
• Livability +3.8/5.0
• Rent growth +3.0/5.0
• DSCR +2.8/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

For sale renovated one bedroom condo in Seminole County, features a walk-in closet in the master bedroom, Laminate floors in all main living areas and tile in wet areas, washer and dryer hook up, screened in porch with storage closet. The community is gated and offers a pool, basketball court, playground, fitness center and club house. Property is located in Winter Springs/Casselberry area. WALK to restaurants, shopping and Red Bug Lake Park. Already with a tenant in place paying $750.00 per month. PROPERTY IS IN THE FIRST FLOOR. WON'T LAST LONG!

Key facts

• Gated community
• Fitness center
• Clubhouse

Tags

• GATED COMMUNITY
• FITNESS CENTER
• CLUBHOUSE
• POOL
• EXCELLENT LOCATION
• NEARBY SHOPPING MALLS

Property features AI

Finance

• Other: Unfurnished; Living area reported as 645 square feet
• Financial info: Total annual fees $4,020; No lease restrictions indicated
• HOA & community: Monthly condo/HOA fee of $335; Association: American Home Team; HOA fees required and collected monthly; HOA covers grounds maintenance and pool; Community amenities: Playground, Pool; Pets allowed: Cats and Dogs

Exterior

• Utilities: Public water; Public sewer; Electricity available and connected; Water available and connected; Sewer available and connected; Cable available and connected
• Home design: Condominium; Residential property; One story; Faces south; Entry on first floor
• Construction: Shingle roof; Slab foundation; Built as part of building number 3700
• Exterior features: Sidewalk; Sliding doors

Interior

• Kitchen: Dishwasher; Disposal; Range; Refrigerator
• Bedrooms: 1 bedroom (first floor)
• Flooring: Laminate; Sidewalk (exterior pathway)
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Thermostat; Sliding doors
• Laundry & utility: Washer; Dryer; Laundry closet

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $140k.

Deal economics

• At list price, monthly cash flow is $-89 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $124k (11.3% below list).
• Meets the 1% rule at list price ($1k rent vs $140k).
• Recommended offer: $124k (11.3% below list) — sets the bar for cash-flow.
• Cap rate 5.5% vs local median 3.6% in Winter Springs — 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 75/100 on livability (#261 in FL, #4,187 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+, health & safety A+; Watch: amenities F, commute F.
• Seminole (suburban): math 57% / reading 61% proficiency, ranked #13 of 73 in FL (top 18%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Red Bug Elementary School (math 65% / reading 68%, grade B+, #473 of 2,144 statewide, top 23%, 782 students, 50% FRL); Tuskawilla Middle School (math 60% / reading 56%, grade B, #151 of 571 statewide, top 27%, 1,121 students, 55% FRL); Lake Howell High School (math 36% / reading 49%, grade F, #264 of 667 statewide, top 41%, 2,205 students, 51% FRL).
• Market conditions: Rents rising (+2.1%/yr); 189 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals leasing fast (median 0d on market — plan ~1-2 weeks tenant-placement turnaround); 1,979 units permitted in Seminole County in 2024 (1,191 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $967 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Seminole County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 83 days — a 6% lower offer ($132k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 11y 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 $58k; list at $140k implies a 139% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

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

Recommended offer $124,108 (11.3% 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 83 days. Have you received any prior offers? Is the seller open to a 11% 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. 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?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
8. 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?
9. 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.
10. 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.
11. 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: 1.06% ✓
• Cap rate: 5.53%
• Cash-on-cash: -2.74%
• DSCR: 0.88
• GRM: 7.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.09% rent growth · sell at horizon

5-year hold

• IRR: -22.0%
• Equity multiple: 0.25×
• Total profit: $-29,507
• Equity at exit: $20,860

10-year hold

• IRR: -18.7%
• Equity multiple: 0.04×
• Total profit: $-37,628
• Equity at exit: $12,096

Cash invested: $39,172 (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 32707

• Rents YoY: 2.1%
• Active inventory: 189
• Price-to-rent: 7.8×

Monthly cashflow live

• Estimated rent: $1,486 medium
• Mortgage (P&I): −$734
• Tax from tax record: −$137 /mo · $1,639/yr
• Insurance: −$58
• HOA: −$335
• Vacancy / Maint / Mgmt: −$312
• Net cashflow: $-89

Break-even live

Break-even rent $1,599

Max offer price $124,108

Occupancy floor —

Sensitivity live

Price	-10% $-10	-5% $-50	+0% $-89	+5% $-129	+10% $-169
Rent	-10% $-207	-5% $-148	+0% $-89	+5% $-31	+10% $28
Rate	-1.0pp $-19	-0.5pp $-54	base $-89	+0.5pp $-126	+1.0pp $-163

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: $34,975
• Closing costs: $4,197
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3756 Idlebrook Cir Casselberry, FL	1.0–2.0	1.0	726	$1,450	$2.00	0d	2	0.06mi
3756 Idlebrook Cir Casselberry, FL	1.0–2.0	1.0	716	$1,350	$1.88	19d	2	0.06mi
990 English Town Ln Winter Springs, FL	1.0–3.0	1.0–2.0	990	$1,605	$1.62	0d	16	0.22mi
1020 Chatham Pines Cir Winter Springs, FL	1.0–3.0	1.0–2.0	865	$1,405	$1.62	0d	12	0.30mi

HOA detail condo

• Monthly dues: $335 · $4,020/yr
• Likely covers: poolgymsecurity
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 27 events

1. 2026-06-21
   days on market $139,900 Active 83 DOM
2. 2026-06-18
   days on market $139,900 Active 80 DOM
3. 2026-06-17
   days on market $139,900 Active 79 DOM
4. 2026-06-16
   days on market $139,900 Active 78 DOM
5. 2026-06-15
   days on market $139,900 Active 77 DOM
6. 2026-06-13
   days on market $139,900 Active 75 DOM
7. 2026-06-09
   days on market $139,900 Active 71 DOM
8. 2026-06-08
   days on market $139,900 Active 70 DOM
9. 2026-06-07
   days on market $139,900 Active 69 DOM
10. 2026-06-04
    days on market $139,900 Active 66 DOM
11. 2026-06-03
    days on market $139,900 Active 65 DOM
12. 2026-06-02
    days on market $139,900 Active 64 DOM
13. 2026-06-01
    days on market $139,900 Active 63 DOM
14. 2026-05-31
    days on market $139,900 Active 62 DOM
15. 2026-05-24
    price $139,900
16. 2026-03-30
    listed $145,000 Active
17. 2016-05-11
    soldstatus $58,500
18. 2016-05-10
    soldstatus $58,500 Sold 553-char remark

    Show marketing remark (553 chars)

    For sale renovated one bedroom condo in Seminole County, features a walk-in closet in the master bedroom, Laminate floors in all main living areas and tile in wet areas, washer and dryer hook up, screened in porch with storage closet. The community is gated and offers a pool, basketball court, playground, fitness center and club house. Property is located in Winter Springs/Casselberry area. WALK to restaurants, shopping and Red Bug Lake Park. Already with a tenant in place paying $750.00 per month. PROPERTY IS IN THE FIRST FLOOR. WON'T LAST LONG!

19. 2016-04-12
    status Pending 553-char remark

    Show marketing remark (553 chars)

    For sale renovated one bedroom condo in Seminole County, features a walk-in closet in the master bedroom, Laminate floors in all main living areas and tile in wet areas, washer and dryer hook up, screened in porch with storage closet. The community is gated and offers a pool, basketball court, playground, fitness center and club house. Property is located in Winter Springs/Casselberry area. WALK to restaurants, shopping and Red Bug Lake Park. Already with a tenant in place paying $750.00 per month. PROPERTY IS IN THE FIRST FLOOR. WON'T LAST LONG!

20. 2016-04-11
    historical 553-char remark

    Show marketing remark (553 chars)

    For sale renovated one bedroom condo in Seminole County, features a walk-in closet in the master bedroom, Laminate floors in all main living areas and tile in wet areas, washer and dryer hook up, screened in porch with storage closet. The community is gated and offers a pool, basketball court, playground, fitness center and club house. Property is located in Winter Springs/Casselberry area. WALK to restaurants, shopping and Red Bug Lake Park. Already with a tenant in place paying $750.00 per month. PROPERTY IS IN THE FIRST FLOOR. WON'T LAST LONG!

21. 2016-04-07
    listed $59,900 Active 553-char remark

    Show marketing remark (553 chars)

    For sale renovated one bedroom condo in Seminole County, features a walk-in closet in the master bedroom, Laminate floors in all main living areas and tile in wet areas, washer and dryer hook up, screened in porch with storage closet. The community is gated and offers a pool, basketball court, playground, fitness center and club house. Property is located in Winter Springs/Casselberry area. WALK to restaurants, shopping and Red Bug Lake Park. Already with a tenant in place paying $750.00 per month. PROPERTY IS IN THE FIRST FLOOR. WON'T LAST LONG!

22. 2015-08-21
    soldstatus $43,000
23. 2015-08-17
    soldstatus $43,000 Sold 617-char remark

    Show marketing remark (617 chars)

    Short Sale. One bedroom condo in Seminole County, features a walk-in closet in the master bedroom, screened in porch with storage closet. The community is gated and offers a pool, basketball court, playground, fitness center and rec. building. Short Sale, listing price may not be sufficient to pay the total of all liens and the costs of sale, and the sale of Property at full listing price may require the approval of seller's Lender(s). Room’s dimensions are approximately and not guaranteed to be accurate. Buyer to have rooms measured for accuracy. HOA dues and special assessments must be verify by buyer.

24. 2015-07-17
    historical Contingent - Pending 3rd Party Approval 617-char remark

    Show marketing remark (617 chars)

    Short Sale. One bedroom condo in Seminole County, features a walk-in closet in the master bedroom, screened in porch with storage closet. The community is gated and offers a pool, basketball court, playground, fitness center and rec. building. Short Sale, listing price may not be sufficient to pay the total of all liens and the costs of sale, and the sale of Property at full listing price may require the approval of seller's Lender(s). Room’s dimensions are approximately and not guaranteed to be accurate. Buyer to have rooms measured for accuracy. HOA dues and special assessments must be verify by buyer.

25. 2015-07-15
    historical 617-char remark

    Show marketing remark (617 chars)

    Short Sale. One bedroom condo in Seminole County, features a walk-in closet in the master bedroom, screened in porch with storage closet. The community is gated and offers a pool, basketball court, playground, fitness center and rec. building. Short Sale, listing price may not be sufficient to pay the total of all liens and the costs of sale, and the sale of Property at full listing price may require the approval of seller's Lender(s). Room’s dimensions are approximately and not guaranteed to be accurate. Buyer to have rooms measured for accuracy. HOA dues and special assessments must be verify by buyer.

26. 2015-06-10
    historical Contingent - Pending 3rd Party Approval 617-char remark

    Show marketing remark (617 chars)

    Short Sale. One bedroom condo in Seminole County, features a walk-in closet in the master bedroom, screened in porch with storage closet. The community is gated and offers a pool, basketball court, playground, fitness center and rec. building. Short Sale, listing price may not be sufficient to pay the total of all liens and the costs of sale, and the sale of Property at full listing price may require the approval of seller's Lender(s). Room’s dimensions are approximately and not guaranteed to be accurate. Buyer to have rooms measured for accuracy. HOA dues and special assessments must be verify by buyer.

27. 2015-06-02
    listed $37,000 Active 617-char remark

    Show marketing remark (617 chars)

    Short Sale. One bedroom condo in Seminole County, features a walk-in closet in the master bedroom, screened in porch with storage closet. The community is gated and offers a pool, basketball court, playground, fitness center and rec. building. Short Sale, listing price may not be sufficient to pay the total of all liens and the costs of sale, and the sale of Property at full listing price may require the approval of seller's Lender(s). Room’s dimensions are approximately and not guaranteed to be accurate. Buyer to have rooms measured for accuracy. HOA dues and special assessments must be verify by buyer.

ⓘ 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: $1,639 · $137/mo
• Projected year-2 tax: $1,639 · $137/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 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 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,835
• − Mortgage interest: −$7,837
• − Property taxes: −$1,639
• − Insurance: −$700
• − Repairs & maintenance: −$1,427
• − Management: −$1,427
• − HOA: −$4,020
• − Depreciation: −$4,070
• Taxable loss: −$3,284
• Est. tax savings @ 24.0%: +$788
• After-tax cash flow: $-285/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: Seminole
• NCES district ID: 1201710
• Math proficiency: 57% ▼ -7.00%
• Reading proficiency: 61% ▼ -1.00%
• Median HH income: $58,478
• Composite: 51.05/100
• National rank: #1769
• State rank: #13 of 73 in FL

Livability — Winter Springs

• Score: 75/100
• State rank: #261
• US rank: #4187

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Seminole County · 436,154 people
• City population: 48,965
• Metro: Orlando-Kissimmee-Sanford, FL
• Population (ZIP): 39,493
• Household income: $69,113
• Rent vs Own: 34.2% rent · 65.8% own
• Severe rent burden: 1482.0

Population outlook (Seminole County) Hauer SSP2

• Today (2025): 515,494 people
• By 2030: 545,713 · +5.9%
• By 2040: 598,068 · +16.0%
• By 2050: 640,663 · +24.3%
• By 2075: 724,461 · +40.5%
• By 2100: 755,530 · +46.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.61)
• Race & ethnicity: White 56% Hispanic / Latino 27% Two or more races 14% Black 10% Asian 4%
• Hispanic origin (detail): Mexican 3% Puerto Rican 12% Cuban 4% Dominican 2%
• Common ancestry: Hispanic 3% Romanian 2% Lithuanian 2%
• Foreign-born: 15% · Canada, Jamaica, China
• Languages at home: 76% English-only · Spanish 18% French/Haitian/Cajun 2% Other Indo-European 1%

Political lean MEDSL · Seminole

• 2024 margin: Toss-up / Even · D 47.6% · R 51.1% · Other 1.3%
• 2008→2024 swing: -0.8pp no change · 2008: -2.8pp · 2024: -3.5pp
• All cycles: 2024: R+3.5 2020: D+2.8 2016: R+1.6 2012: R+6.5 2008: R+2.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -251.90%
• Current HPI: 342.1006
• Rent YoY: ▲ 2.09%
• 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
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+278.1% since first listed

13 events — show timeline

• 2026-05-24 Price Changed $139,900 Stellar MLS as Distributed by MLS Grid
• 2026-03-30 Listed $145,000 Stellar MLS as Distributed by MLS Grid
• 2016-05-11 Sold (Public Records) $58,500 Public Records
• 2016-05-10 Sold (MLS) $58,500 Stellar MLS as Distributed by MLS Grid
• 2016-04-12 Pending — Stellar MLS as Distributed by MLS Grid
• 2016-04-11 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2016-04-07 Listed $59,900 Stellar MLS as Distributed by MLS Grid
• 2015-08-21 Sold (Public Records) $43,000 Public Records
• 2015-08-17 Sold (MLS) $43,000 Stellar MLS as Distributed by MLS Grid
• 2015-07-17 Contingent — Stellar MLS as Distributed by MLS Grid
• 2015-07-15 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2015-06-10 Contingent — Stellar MLS as Distributed by MLS Grid
• 2015-06-02 Listed $37,000 Stellar MLS as Distributed by MLS Grid

Property tax history

+10.4%/yr

Latest (2025): $1,639 · +8.4% YoY. Source: county tax records.