5181 Forest Glenn Dr · Spring Hill, FL 34607

$159,900

2 bd · 2.0 ba · 1,512 sqft · Manufactured public records · 596 Days on market

Built 1991 7,568 sqft lot Est $224k · 29% under ↓ 24% since listing

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Why this score? — see what drove the B 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 +29.7/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +7.5/10.0
• Schools +4.2/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Well maintained 3 bedroom 2 bath home located in the highly desirable Forest Glenn subdivision. Newly remodeled bathroom with beautiful shower stall. Home has a single car garage & great screened in porch to enjoy the cooler days ahead. Kitchen offers a very functionable layout including a full bank of pantry cabinets. Living room has two inviting window seats. Master bath has separate tub and shower. Forest Glenn is a quaint 55+ community that is a co-op. The co-op is 220 a month and this includes: lawn service, storage yard use, garbage collection at the dumpster and use of all community amenities. Some of the amenities included in this community are: community pool, clubhouse, shuffleboards, horseshoes, billiard room. This is an active community with pot lucks, bingo and card nights. As if it couldn't get any better, you are only minutes from the beautiful Gulf of Mexico. Where you can enjoy beautiful dining experiences, kayaking, fishing and boating. You are also a short drive to Rogers Park, Pine Island and the spring fed crystal clear Weeki Wachee River. Don't forget the Weeki Wachee Springs State Park renowned for it's underwater theatre & Mermaid show since 1947. Five minute ride and you're in Aripeka where Babe Ruth had a summer fishing cabin. This town is still just as nostalgic and untouched by high end development and engulfs the Gulf of Mexico. Come see for yourself everything the Nature Coast has to offer.

Key facts

• Screened in porch
• Inside laundry room
• 7,568 sq ft lot

Tags

• NEWLY REMODELED BATHROOM
• SCREENED IN PORCH
• FULL BANK OF PANTRY CABINETS
• INVITING WINDOW SEATS
• SEPARATE TUB AND SHOWER
• INSIDE LAUNDRY ROOM

Property features AI

Finance

• Other: Total acreage: under 1/4 acre (approx. 0.17 acres)
• Financial info: Lease restrictions apply
• HOA & community: Senior community

Exterior

• Parking: Attached garage (1 car)
• Utilities: Public water; Public sewer; Sewer available and connected; Water connected
• Home design: Manufactured double-wide home; Single-story; Home faces east; Homestead property
• Construction: Metal siding; Membrane roof; Pillar/post/pier foundation; Built as double wide manufactured home
• Exterior features: Rain gutters; Level lot; Paved road access

Interior

• Kitchen: Dishwasher; Range; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Carpet; Ceramic tile; Laminate
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Ceiling fans; Thermostat
• Laundry & utility: Washer; Dryer; Inside laundry room

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $160k.

Deal economics

• At list price, monthly cash flow is $581 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $160k).
• Recommended offer: $141k (12.0% below list) — sets the bar for market timing.
• Cap rate 10.7% vs local median 4.4% in Spring Hill — 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 63/100 on livability (#738 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: health & safety C-, employment D+, amenities F.
• Hernando (suburban): math 50% / reading 50% proficiency, ranked #38 of 73 in FL (top 52%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Westside Elementary School (math 53% / reading 46%, grade D, #1,088 of 2,144 statewide, top 53%, 523 students, 76% FRL); Weeki Wachee High School (math 41% / reading 42%, grade F, #284 of 667 statewide, top 43%, 1,435 students, 52% FRL).
• Market conditions: 347 active listings in the ZIP; 2,505 units permitted in Hernando County in 2024 (318 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Hernando County population projected at +11% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $45k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 596 days — a 12% lower offer ($141k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 2y ago; this cycle's ask has dropped $50k (24%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $140,712 (12.0% below list)

Questions for the listing agent

1. It's been on market 596 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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.
5. 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.
6. 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: 1.25% ✓
• Cap rate: 10.65%
• Cash-on-cash: 15.57%
• DSCR: 1.69
• GRM: 6.7

CMA / ARV

• ARV (on-the-fly): $223,776
• Comps found: 2

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5177 Forest Glenn Dr	0.01mi	2/2.0	1,302 (-14%)	1mo	$123,000	$94	76
5151 Forest Glenn Dr	0.08mi	2/2.0	1,296 (-14%)	19mo	$192,000	$148	57

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 6.3%
• Equity multiple: 1.25×
• Total profit: $11,054
• Equity at exit: $23,842

10-year hold

• IRR: 15.7%
• Equity multiple: 2.28×
• Total profit: $57,124
• Equity at exit: $13,825

Cash invested: $44,772 (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 34607

• Home prices YoY: -9.1%
• Active inventory: 347
• Price-to-rent: 6.7×

Monthly cashflow live

• Estimated rent: $1,999 medium
• Mortgage (P&I): −$839
• Tax from tax record: −$93 /mo · $1,116/yr
• Insurance: −$67
• HOA: −$0
• Vacancy / Maint / Mgmt: −$420
• Net cashflow: $581

Break-even live

Break-even rent $1,264

Max offer price $159,900

Occupancy floor 66%

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: $39,975
• Closing costs: $4,797
• Reserves months: —
• Total cash needed: —

Listing history 31 events

1. 2026-06-18
   days on market $159,900 Active 596 DOM
2. 2026-06-17
   days on market $159,900 Active 595 DOM
3. 2026-06-16
   days on market $159,900 Active 594 DOM
4. 2026-06-15
   days on market $159,900 Active 593 DOM
5. 2026-06-13
   days on market $159,900 Active 591 DOM
6. 2026-06-13
   days on market $159,900 Active 590 DOM
7. 2026-06-09
   days on market $159,900 Active 587 DOM
8. 2026-06-08
   days on market $159,900 Active 586 DOM
9. 2026-06-07
   days on market $159,900 Active 585 DOM
10. 2026-06-04
    days on market $159,900 Active 582 DOM
11. 2026-06-03
    days on market $159,900 Active 581 DOM
12. 2026-06-02
    days on market $159,900 Active 580 DOM
13. 2026-06-01
    days on market $159,900 Active 579 DOM
14. 2026-05-31
    days on market $159,900 Active 578 DOM
15. 2026-02-18
    price $159,900 1457-char remark

    Show marketing remark (1458 chars)

    Well maintained 3-bedroom 2 bath home located in the highly desirable Forest Glenn subdivision. Newly remodeled bathroom with beautiful shower stall. Home has a single car garage & great screened in porch to enjoy the cooler days ahead. Kitchen offers a very functionable layout including a full bank of pantry cabinets. Living room has two inviting window seats. Master bath has separate tub and shower. Forest Glenn is a quaint 55+ community that is a co-op. The co-op fee is $210 a month and this includes: lawn service, storage yard use, garbage collection at the dumpster and use of all community amenities. Some of the amenities included in this community are: community pool, clubhouse, shuffleboards, horseshoes, billiard room. This is an active community with potlucks, bingo and card nights. As if it couldn't get any better, you are only minutes from the beautiful Gulf of Mexico. Where you can enjoy beautiful dining experiences, kayaking, fishing and boating. You are also a short drive to Rogers Park, Pine Island and the spring fed crystal clear Weeki Wachee River. Don't forget the Weeki Wachee Springs State Park renowned for its underwater theatre & Mermaid show since 1947. Five-minute ride and you're in Aripeka where Babe Ruth had a summer fishing cabin. This town is still just as nostalgic and untouched by high end development and engulfs the Gulf of Mexico. Come see for yourself everything the Nature Coast has to offer.

16. 2026-02-18
    price $159,900 1458-char remark

    Show marketing remark (1458 chars)

    Well maintained 3-bedroom 2 bath home located in the highly desirable Forest Glenn subdivision. Newly remodeled bathroom with beautiful shower stall. Home has a single car garage & great screened in porch to enjoy the cooler days ahead. Kitchen offers a very functionable layout including a full bank of pantry cabinets. Living room has two inviting window seats. Master bath has separate tub and shower. Forest Glenn is a quaint 55+ community that is a co-op. The co-op fee is $210 a month and this includes: lawn service, storage yard use, garbage collection at the dumpster and use of all community amenities. Some of the amenities included in this community are: community pool, clubhouse, shuffleboards, horseshoes, billiard room. This is an active community with potlucks, bingo and card nights. As if it couldn't get any better, you are only minutes from the beautiful Gulf of Mexico. Where you can enjoy beautiful dining experiences, kayaking, fishing and boating. You are also a short drive to Rogers Park, Pine Island and the spring fed crystal clear Weeki Wachee River. Don't forget the Weeki Wachee Springs State Park renowned for its underwater theatre & Mermaid show since 1947. Five-minute ride and you're in Aripeka where Babe Ruth had a summer fishing cabin. This town is still just as nostalgic and untouched by high end development and engulfs the Gulf of Mexico. Come see for yourself everything the Nature Coast has to offer.

17. 2026-02-18
    price $159,900

    Show marketing remark (1458 chars)

    Well maintained 3-bedroom 2 bath home located in the highly desirable Forest Glenn subdivision. Newly remodeled bathroom with beautiful shower stall. Home has a single car garage & great screened in porch to enjoy the cooler days ahead. Kitchen offers a very functionable layout including a full bank of pantry cabinets. Living room has two inviting window seats. Master bath has separate tub and shower. Forest Glenn is a quaint 55+ community that is a co-op. The co-op fee is $210 a month and this includes: lawn service, storage yard use, garbage collection at the dumpster and use of all community amenities. Some of the amenities included in this community are: community pool, clubhouse, shuffleboards, horseshoes, billiard room. This is an active community with potlucks, bingo and card nights. As if it couldn't get any better, you are only minutes from the beautiful Gulf of Mexico. Where you can enjoy beautiful dining experiences, kayaking, fishing and boating. You are also a short drive to Rogers Park, Pine Island and the spring fed crystal clear Weeki Wachee River. Don't forget the Weeki Wachee Springs State Park renowned for its underwater theatre & Mermaid show since 1947. Five-minute ride and you're in Aripeka where Babe Ruth had a summer fishing cabin. This town is still just as nostalgic and untouched by high end development and engulfs the Gulf of Mexico. Come see for yourself everything the Nature Coast has to offer.

18. 2025-09-30
    price $178,000 1458-char remark

    Show marketing remark (1458 chars)

    Well maintained 3-bedroom 2 bath home located in the highly desirable Forest Glenn subdivision. Newly remodeled bathroom with beautiful shower stall. Home has a single car garage & great screened in porch to enjoy the cooler days ahead. Kitchen offers a very functionable layout including a full bank of pantry cabinets. Living room has two inviting window seats. Master bath has separate tub and shower. Forest Glenn is a quaint 55+ community that is a co-op. The co-op fee is $210 a month and this includes: lawn service, storage yard use, garbage collection at the dumpster and use of all community amenities. Some of the amenities included in this community are: community pool, clubhouse, shuffleboards, horseshoes, billiard room. This is an active community with potlucks, bingo and card nights. As if it couldn't get any better, you are only minutes from the beautiful Gulf of Mexico. Where you can enjoy beautiful dining experiences, kayaking, fishing and boating. You are also a short drive to Rogers Park, Pine Island and the spring fed crystal clear Weeki Wachee River. Don't forget the Weeki Wachee Springs State Park renowned for its underwater theatre & Mermaid show since 1947. Five-minute ride and you're in Aripeka where Babe Ruth had a summer fishing cabin. This town is still just as nostalgic and untouched by high end development and engulfs the Gulf of Mexico. Come see for yourself everything the Nature Coast has to offer.

19. 2025-09-30
    price $178,000

    Show marketing remark (1458 chars)

    Well maintained 3-bedroom 2 bath home located in the highly desirable Forest Glenn subdivision. Newly remodeled bathroom with beautiful shower stall. Home has a single car garage & great screened in porch to enjoy the cooler days ahead. Kitchen offers a very functionable layout including a full bank of pantry cabinets. Living room has two inviting window seats. Master bath has separate tub and shower. Forest Glenn is a quaint 55+ community that is a co-op. The co-op fee is $210 a month and this includes: lawn service, storage yard use, garbage collection at the dumpster and use of all community amenities. Some of the amenities included in this community are: community pool, clubhouse, shuffleboards, horseshoes, billiard room. This is an active community with potlucks, bingo and card nights. As if it couldn't get any better, you are only minutes from the beautiful Gulf of Mexico. Where you can enjoy beautiful dining experiences, kayaking, fishing and boating. You are also a short drive to Rogers Park, Pine Island and the spring fed crystal clear Weeki Wachee River. Don't forget the Weeki Wachee Springs State Park renowned for its underwater theatre & Mermaid show since 1947. Five-minute ride and you're in Aripeka where Babe Ruth had a summer fishing cabin. This town is still just as nostalgic and untouched by high end development and engulfs the Gulf of Mexico. Come see for yourself everything the Nature Coast has to offer.

20. 2025-09-29
    price $178,000 1457-char remark

    Show marketing remark (1457 chars)

    Well maintained 3 bedroom 2 bath home located in the highly desirable Forest Glenn subdivision. Newly remodeled bathroom with beautiful shower stall. Home has a single car garage & great screened in porch to enjoy the cooler days ahead. Kitchen offers a very functionable layout including a full bank of pantry cabinets. Living room has two inviting window seats. Master bath has separate tub and shower. Forest Glenn is a quaint 55+ community that is a co-op. The co-op is 220 a month and this includes: lawn service, storage yard use, garbage collection at the dumpster and use of all community amenities. Some of the amenities included in this community are: community pool, clubhouse, shuffleboards, horseshoes, billiard room. This is an active community with pot lucks, bingo and card nights. As if it couldn't get any better, you are only minutes from the beautiful Gulf of Mexico. Where you can enjoy beautiful dining experiences, kayaking, fishing and boating. You are also a short drive to Rogers Park, Pine Island and the spring fed crystal clear Weeki Wachee River. Don't forget the Weeki Wachee Springs State Park renowned for it's underwater theatre & Mermaid show since 1947. Five minute ride and you're in Aripeka where Babe Ruth had a summer fishing cabin. This town is still just as nostalgic and untouched by high end development and engulfs the Gulf of Mexico. Come see for yourself everything the Nature Coast has to offer.

21. 2025-03-29
    price $188,000 1457-char remark

    Show marketing remark (1458 chars)

    Well maintained 3-bedroom 2 bath home located in the highly desirable Forest Glenn subdivision. Newly remodeled bathroom with beautiful shower stall. Home has a single car garage & great screened in porch to enjoy the cooler days ahead. Kitchen offers a very functionable layout including a full bank of pantry cabinets. Living room has two inviting window seats. Master bath has separate tub and shower. Forest Glenn is a quaint 55+ community that is a co-op. The co-op fee is $210 a month and this includes: lawn service, storage yard use, garbage collection at the dumpster and use of all community amenities. Some of the amenities included in this community are: community pool, clubhouse, shuffleboards, horseshoes, billiard room. This is an active community with potlucks, bingo and card nights. As if it couldn't get any better, you are only minutes from the beautiful Gulf of Mexico. Where you can enjoy beautiful dining experiences, kayaking, fishing and boating. You are also a short drive to Rogers Park, Pine Island and the spring fed crystal clear Weeki Wachee River. Don't forget the Weeki Wachee Springs State Park renowned for its underwater theatre & Mermaid show since 1947. Five-minute ride and you're in Aripeka where Babe Ruth had a summer fishing cabin. This town is still just as nostalgic and untouched by high end development and engulfs the Gulf of Mexico. Come see for yourself everything the Nature Coast has to offer.

22. 2025-03-29
    price $188,000 1458-char remark

    Show marketing remark (1458 chars)

    Well maintained 3-bedroom 2 bath home located in the highly desirable Forest Glenn subdivision. Newly remodeled bathroom with beautiful shower stall. Home has a single car garage & great screened in porch to enjoy the cooler days ahead. Kitchen offers a very functionable layout including a full bank of pantry cabinets. Living room has two inviting window seats. Master bath has separate tub and shower. Forest Glenn is a quaint 55+ community that is a co-op. The co-op fee is $210 a month and this includes: lawn service, storage yard use, garbage collection at the dumpster and use of all community amenities. Some of the amenities included in this community are: community pool, clubhouse, shuffleboards, horseshoes, billiard room. This is an active community with potlucks, bingo and card nights. As if it couldn't get any better, you are only minutes from the beautiful Gulf of Mexico. Where you can enjoy beautiful dining experiences, kayaking, fishing and boating. You are also a short drive to Rogers Park, Pine Island and the spring fed crystal clear Weeki Wachee River. Don't forget the Weeki Wachee Springs State Park renowned for its underwater theatre & Mermaid show since 1947. Five-minute ride and you're in Aripeka where Babe Ruth had a summer fishing cabin. This town is still just as nostalgic and untouched by high end development and engulfs the Gulf of Mexico. Come see for yourself everything the Nature Coast has to offer.

23. 2025-03-29
    price $188,000

    Show marketing remark (1458 chars)

    Well maintained 3-bedroom 2 bath home located in the highly desirable Forest Glenn subdivision. Newly remodeled bathroom with beautiful shower stall. Home has a single car garage & great screened in porch to enjoy the cooler days ahead. Kitchen offers a very functionable layout including a full bank of pantry cabinets. Living room has two inviting window seats. Master bath has separate tub and shower. Forest Glenn is a quaint 55+ community that is a co-op. The co-op fee is $210 a month and this includes: lawn service, storage yard use, garbage collection at the dumpster and use of all community amenities. Some of the amenities included in this community are: community pool, clubhouse, shuffleboards, horseshoes, billiard room. This is an active community with potlucks, bingo and card nights. As if it couldn't get any better, you are only minutes from the beautiful Gulf of Mexico. Where you can enjoy beautiful dining experiences, kayaking, fishing and boating. You are also a short drive to Rogers Park, Pine Island and the spring fed crystal clear Weeki Wachee River. Don't forget the Weeki Wachee Springs State Park renowned for its underwater theatre & Mermaid show since 1947. Five-minute ride and you're in Aripeka where Babe Ruth had a summer fishing cabin. This town is still just as nostalgic and untouched by high end development and engulfs the Gulf of Mexico. Come see for yourself everything the Nature Coast has to offer.

24. 2025-02-07
    price $194,900 1458-char remark

    Show marketing remark (1457 chars)

    Well maintained 3 bedroom 2 bath home located in the highly desirable Forest Glenn subdivision. Newly remodeled bathroom with beautiful shower stall. Home has a single car garage & great screened in porch to enjoy the cooler days ahead. Kitchen offers a very functionable layout including a full bank of pantry cabinets. Living room has two inviting window seats. Master bath has separate tub and shower. Forest Glenn is a quaint 55+ community that is a co-op. The co-op is 220 a month and this includes: lawn service, storage yard use, garbage collection at the dumpster and use of all community amenities. Some of the amenities included in this community are: community pool, clubhouse, shuffleboards, horseshoes, billiard room. This is an active community with pot lucks, bingo and card nights. As if it couldn't get any better, you are only minutes from the beautiful Gulf of Mexico. Where you can enjoy beautiful dining experiences, kayaking, fishing and boating. You are also a short drive to Rogers Park, Pine Island and the spring fed crystal clear Weeki Wachee River. Don't forget the Weeki Wachee Springs State Park renowned for it's underwater theatre & Mermaid show since 1947. Five minute ride and you're in Aripeka where Babe Ruth had a summer fishing cabin. This town is still just as nostalgic and untouched by high end development and engulfs the Gulf of Mexico. Come see for yourself everything the Nature Coast has to offer.

25. 2025-02-07
    price $194,900

    Show marketing remark (1457 chars)

    Well maintained 3 bedroom 2 bath home located in the highly desirable Forest Glenn subdivision. Newly remodeled bathroom with beautiful shower stall. Home has a single car garage & great screened in porch to enjoy the cooler days ahead. Kitchen offers a very functionable layout including a full bank of pantry cabinets. Living room has two inviting window seats. Master bath has separate tub and shower. Forest Glenn is a quaint 55+ community that is a co-op. The co-op is 220 a month and this includes: lawn service, storage yard use, garbage collection at the dumpster and use of all community amenities. Some of the amenities included in this community are: community pool, clubhouse, shuffleboards, horseshoes, billiard room. This is an active community with pot lucks, bingo and card nights. As if it couldn't get any better, you are only minutes from the beautiful Gulf of Mexico. Where you can enjoy beautiful dining experiences, kayaking, fishing and boating. You are also a short drive to Rogers Park, Pine Island and the spring fed crystal clear Weeki Wachee River. Don't forget the Weeki Wachee Springs State Park renowned for it's underwater theatre & Mermaid show since 1947. Five minute ride and you're in Aripeka where Babe Ruth had a summer fishing cabin. This town is still just as nostalgic and untouched by high end development and engulfs the Gulf of Mexico. Come see for yourself everything the Nature Coast has to offer.

26. 2025-02-07
    price $194,900 1457-char remark

    Show marketing remark (1457 chars)

    Well maintained 3 bedroom 2 bath home located in the highly desirable Forest Glenn subdivision. Newly remodeled bathroom with beautiful shower stall. Home has a single car garage & great screened in porch to enjoy the cooler days ahead. Kitchen offers a very functionable layout including a full bank of pantry cabinets. Living room has two inviting window seats. Master bath has separate tub and shower. Forest Glenn is a quaint 55+ community that is a co-op. The co-op is 220 a month and this includes: lawn service, storage yard use, garbage collection at the dumpster and use of all community amenities. Some of the amenities included in this community are: community pool, clubhouse, shuffleboards, horseshoes, billiard room. This is an active community with pot lucks, bingo and card nights. As if it couldn't get any better, you are only minutes from the beautiful Gulf of Mexico. Where you can enjoy beautiful dining experiences, kayaking, fishing and boating. You are also a short drive to Rogers Park, Pine Island and the spring fed crystal clear Weeki Wachee River. Don't forget the Weeki Wachee Springs State Park renowned for it's underwater theatre & Mermaid show since 1947. Five minute ride and you're in Aripeka where Babe Ruth had a summer fishing cabin. This town is still just as nostalgic and untouched by high end development and engulfs the Gulf of Mexico. Come see for yourself everything the Nature Coast has to offer.

27. 2024-12-18
    status Active 1458-char remark

    Show marketing remark (1458 chars)

    Well maintained 3-bedroom 2 bath home located in the highly desirable Forest Glenn subdivision. Newly remodeled bathroom with beautiful shower stall. Home has a single car garage & great screened in porch to enjoy the cooler days ahead. Kitchen offers a very functionable layout including a full bank of pantry cabinets. Living room has two inviting window seats. Master bath has separate tub and shower. Forest Glenn is a quaint 55+ community that is a co-op. The co-op fee is $210 a month and this includes: lawn service, storage yard use, garbage collection at the dumpster and use of all community amenities. Some of the amenities included in this community are: community pool, clubhouse, shuffleboards, horseshoes, billiard room. This is an active community with potlucks, bingo and card nights. As if it couldn't get any better, you are only minutes from the beautiful Gulf of Mexico. Where you can enjoy beautiful dining experiences, kayaking, fishing and boating. You are also a short drive to Rogers Park, Pine Island and the spring fed crystal clear Weeki Wachee River. Don't forget the Weeki Wachee Springs State Park renowned for its underwater theatre & Mermaid show since 1947. Five-minute ride and you're in Aripeka where Babe Ruth had a summer fishing cabin. This town is still just as nostalgic and untouched by high end development and engulfs the Gulf of Mexico. Come see for yourself everything the Nature Coast has to offer.

28. 2024-12-17
    historical 1458-char remark

    Show marketing remark (1458 chars)

    Well maintained 3-bedroom 2 bath home located in the highly desirable Forest Glenn subdivision. Newly remodeled bathroom with beautiful shower stall. Home has a single car garage & great screened in porch to enjoy the cooler days ahead. Kitchen offers a very functionable layout including a full bank of pantry cabinets. Living room has two inviting window seats. Master bath has separate tub and shower. Forest Glenn is a quaint 55+ community that is a co-op. The co-op fee is $210 a month and this includes: lawn service, storage yard use, garbage collection at the dumpster and use of all community amenities. Some of the amenities included in this community are: community pool, clubhouse, shuffleboards, horseshoes, billiard room. This is an active community with potlucks, bingo and card nights. As if it couldn't get any better, you are only minutes from the beautiful Gulf of Mexico. Where you can enjoy beautiful dining experiences, kayaking, fishing and boating. You are also a short drive to Rogers Park, Pine Island and the spring fed crystal clear Weeki Wachee River. Don't forget the Weeki Wachee Springs State Park renowned for its underwater theatre & Mermaid show since 1947. Five-minute ride and you're in Aripeka where Babe Ruth had a summer fishing cabin. This town is still just as nostalgic and untouched by high end development and engulfs the Gulf of Mexico. Come see for yourself everything the Nature Coast has to offer.

29. 2024-10-31
    listed $209,500 Active 1458-char remark

    Show marketing remark (1458 chars)

    Well maintained 3-bedroom 2 bath home located in the highly desirable Forest Glenn subdivision. Newly remodeled bathroom with beautiful shower stall. Home has a single car garage & great screened in porch to enjoy the cooler days ahead. Kitchen offers a very functionable layout including a full bank of pantry cabinets. Living room has two inviting window seats. Master bath has separate tub and shower. Forest Glenn is a quaint 55+ community that is a co-op. The co-op fee is $210 a month and this includes: lawn service, storage yard use, garbage collection at the dumpster and use of all community amenities. Some of the amenities included in this community are: community pool, clubhouse, shuffleboards, horseshoes, billiard room. This is an active community with potlucks, bingo and card nights. As if it couldn't get any better, you are only minutes from the beautiful Gulf of Mexico. Where you can enjoy beautiful dining experiences, kayaking, fishing and boating. You are also a short drive to Rogers Park, Pine Island and the spring fed crystal clear Weeki Wachee River. Don't forget the Weeki Wachee Springs State Park renowned for its underwater theatre & Mermaid show since 1947. Five-minute ride and you're in Aripeka where Babe Ruth had a summer fishing cabin. This town is still just as nostalgic and untouched by high end development and engulfs the Gulf of Mexico. Come see for yourself everything the Nature Coast has to offer.

30. 2024-10-30
    listed $209,500 Active 1457-char remark

    Show marketing remark (1457 chars)

    Well maintained 3 bedroom 2 bath home located in the highly desirable Forest Glenn subdivision. Newly remodeled bathroom with beautiful shower stall. Home has a single car garage & great screened in porch to enjoy the cooler days ahead. Kitchen offers a very functionable layout including a full bank of pantry cabinets. Living room has two inviting window seats. Master bath has separate tub and shower. Forest Glenn is a quaint 55+ community that is a co-op. The co-op is 220 a month and this includes: lawn service, storage yard use, garbage collection at the dumpster and use of all community amenities. Some of the amenities included in this community are: community pool, clubhouse, shuffleboards, horseshoes, billiard room. This is an active community with pot lucks, bingo and card nights. As if it couldn't get any better, you are only minutes from the beautiful Gulf of Mexico. Where you can enjoy beautiful dining experiences, kayaking, fishing and boating. You are also a short drive to Rogers Park, Pine Island and the spring fed crystal clear Weeki Wachee River. Don't forget the Weeki Wachee Springs State Park renowned for it's underwater theatre & Mermaid show since 1947. Five minute ride and you're in Aripeka where Babe Ruth had a summer fishing cabin. This town is still just as nostalgic and untouched by high end development and engulfs the Gulf of Mexico. Come see for yourself everything the Nature Coast has to offer.

31. 2024-10-30
    listed $209,500 Active

    Show marketing remark (1457 chars)

    Well maintained 3 bedroom 2 bath home located in the highly desirable Forest Glenn subdivision. Newly remodeled bathroom with beautiful shower stall. Home has a single car garage & great screened in porch to enjoy the cooler days ahead. Kitchen offers a very functionable layout including a full bank of pantry cabinets. Living room has two inviting window seats. Master bath has separate tub and shower. Forest Glenn is a quaint 55+ community that is a co-op. The co-op is 220 a month and this includes: lawn service, storage yard use, garbage collection at the dumpster and use of all community amenities. Some of the amenities included in this community are: community pool, clubhouse, shuffleboards, horseshoes, billiard room. This is an active community with pot lucks, bingo and card nights. As if it couldn't get any better, you are only minutes from the beautiful Gulf of Mexico. Where you can enjoy beautiful dining experiences, kayaking, fishing and boating. You are also a short drive to Rogers Park, Pine Island and the spring fed crystal clear Weeki Wachee River. Don't forget the Weeki Wachee Springs State Park renowned for it's underwater theatre & Mermaid show since 1947. Five minute ride and you're in Aripeka where Babe Ruth had a summer fishing cabin. This town is still just as nostalgic and untouched by high end development and engulfs the Gulf of Mexico. Come see for yourself everything the Nature Coast has to offer.

ⓘ 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: $1,116 · $93/mo
• Projected year-2 tax: $1,327 · $111/mo
• Expected delta: +$211/yr (+$18/mo · 18.9%)

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

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (unshaded) · 21% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥110°F today · 24 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 1 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,986
• − Mortgage interest: −$8,957
• − Property taxes: −$1,116
• − Insurance: −$800
• − Repairs & maintenance: −$1,919
• − Management: −$1,919
• − Depreciation: −$4,652
• Taxable income: $4,624
• Est. tax owed @ 24.0%: −$1,110
• After-tax cash flow: $5,861/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: Hernando
• NCES district ID: 1200810
• Math proficiency: 50% ▼ -8.00%
• Reading proficiency: 50% ▼ -4.00%
• Median HH income: $41,985
• Composite: 42.03/100
• National rank: #3329
• State rank: #38 of 73 in FL

Livability — Spring Hill

• Score: 63/100
• State rank: #738
• US rank: #15937

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• City population: 83,915
• Population (ZIP): 9,046

Population outlook (Hernando County) Hauer SSP2

• Today (2025): 189,218 people
• By 2030: 194,367 · +2.7%
• By 2040: 203,398 · +7.5%
• By 2050: 209,589 · +10.8%
• By 2075: 218,452 · +15.4%
• By 2100: 205,923 · +8.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (81%)
• Race & ethnicity: White 81% Hispanic / Latino 14% Two or more races 6% Black 2%
• Hispanic origin (detail): Puerto Rican 8% Cuban 2%
• Common ancestry: Romanian 4% Lithuanian 3% Iranian 2%
• Foreign-born: 4% · Canada, South Korea
• Languages at home: 90% English-only · Spanish 7% Arabic 1% German/W. Germanic 1%

Political lean MEDSL · Hernando

• 2024 margin: Solid R (+37.0) · D 31.1% · R 68.2%
• 2008→2024 swing: -33.5pp toward R · 2008: -3.6pp · 2024: -37.0pp
• All cycles: 2024: R+37.0 2020: R+30.2 2016: R+29.0 2012: R+8.5 2008: R+3.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -56.89%
• Current HPI: 567.35
• 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

-23.7% since first listed

17 events — show timeline

• 2026-02-18 Price Changed $159,900 HCAR
• 2026-02-18 Price Changed $159,900 RACC
• 2026-02-18 Price Changed $159,900 Stellar MLS as Distributed by MLS Grid
• 2025-09-30 Price Changed $178,000 RACC
• 2025-09-30 Price Changed $178,000 Stellar MLS as Distributed by MLS Grid
• 2025-09-29 Price Changed $178,000 HCAR
• 2025-03-29 Price Changed $188,000 HCAR
• 2025-03-29 Price Changed $188,000 RACC
• 2025-03-29 Price Changed $188,000 Stellar MLS as Distributed by MLS Grid
• 2025-02-07 Price Changed $194,900 RACC
• 2025-02-07 Price Changed $194,900 Stellar MLS as Distributed by MLS Grid
• 2025-02-07 Price Changed $194,900 HCAR
• 2024-12-18 Relisted — RACC
• 2024-12-17 Delisted — RACC
• 2024-10-31 Listed $209,500 RACC
• 2024-10-30 Listed $209,500 Stellar MLS as Distributed by MLS Grid
• 2024-10-30 Listed $209,500 HCAR

Property tax history

+8.3%/yr

Latest (2025): $1,116 · +0.5% YoY. Source: county tax records.