3525 Applewood Ln · Molino, FL 32533

$269,500

4 bd · 2.0 ba · 1,456 sqft · SingleFamily public records · 121 Days on market

Built 1992 1.89 ac lot $185/sqft · 6% below area Est $286k · 6% under

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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 +13.3/30.0
• ARV discount +10.1/15.0
• DSCR +4.0/10.0
• Livability +3.8/5.0
• Schools +3.6/10.0
• 1% rule +3.0/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

****Major Updated feature**** 2 full bathrooms on 1.89 Acres in Molino Park!! From the moment you arrive, you'll notice the refreshed curb appeal and landscape. This inviting 4-bedroom, 2-bath home features two entrances, offering many possibilities. This turnkey home has been freshly painted and offers tile flooring throughout the main living areas for easy maintenance and durability. The kitchen includes newer stainless steel appliances. The hall bathroom has been updated with a new tub-and-shower combo and a new toilet. The primary bedroom features a spacious closet and a ceiling fan. The primary bath has been recently improved with a BRAND-NEW WALK-IN SHOWER. The additional bedrooms are all generously sized. Enjoy the outdoor space with an open deck, a shed with 110- and 220-amp power, and a carport. Recent updates: Septic pumped (2025), roof (2014), HVAC (2016), and water heater (2023). Schedule a private tour today if your buyer is searching for peaceful, convenient, and spacious acreage in the Molino Park Elementary School District. This is one of those opportunities you will not want to miss.

Key facts

• Ceiling fan
• Two entrances
• Tile flooring

Tags

• 1.89 ACRES
• TWO ENTRANCES
• TILE FLOORING
• UPDATED FULL BATHROOM
• SPACIOUS CLOSET
• CEILING FAN

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $270k.

Deal economics

• At list price, monthly cash flow is $2 ($25/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $214k (20.5% below list).
• Recommended offer: $214k (20.5% below list) — sets the bar for 1% rule.
• Cap rate 6.3% vs local median 3.5% in Molino — 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 76/100 on livability (#224 in FL, #3,540 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, cost of living A+; Watch: amenities F, commute F, health & safety F.
• Escambia (suburban): math 40% / reading 45% proficiency, ranked #56 of 73 in FL (top 77%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Molino Park Elementary (math 74% / reading 65%, grade A-, #364 of 2,144 statewide, top 19%, 561 students, 47% FRL); Ransom Middle School (math 54% / reading 52%, grade C+, #209 of 571 statewide, top 37%, 1,224 students, 49% FRL); J. M. Tate Senior High School (math 42% / reading 52%, grade D-, #207 of 667 statewide, top 32%, 2,110 students, 44% FRL).
• Zoned-school proficiency averages 56% at this address vs 42% district-wide (+14 pts) — the actual schools serving this property are materially stronger than the Escambia average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: 511 active listings in the ZIP; solid renter incomes; 1,479 units permitted in Escambia County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
• Escambia County population projected at +13% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 121 days — a 12% lower offer ($237k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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 $120k; list at $270k implies a 125% 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; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $214,385 (20.5% below list)

Questions for the listing agent

1. It's been on market 121 days. Have you received any prior offers? Is the seller open to a 20% 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. Schools are B-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?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.80% ✗
• Cap rate: 6.30%
• Cash-on-cash: 0.03%
• DSCR: 1.00
• GRM: 10.5

CMA / ARV

• ARV (median comp): $286,184
• List price: $269,500
• Delta: -5.83%
• Verdict: FAIR
• Comps: 7 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3670 Applewood Ln	0.18mi	3/2.0 (-1)	1,421 (-2%)	12mo	$285,000	$201	73

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: -16.3%
• Equity multiple: 0.42×
• Total profit: $-43,612
• Equity at exit: $40,183

10-year hold

• IRR: -8.1%
• Equity multiple: 0.50×
• Total profit: $-38,103
• Equity at exit: $23,301

Cash invested: $75,460 (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 32533

• Home prices YoY: -14.6%
• Active inventory: 511
• Price-to-rent: 10.5×

Monthly cashflow live

• Estimated rent: $2,144 medium
• Mortgage (P&I): −$1,413
• Tax from tax record: −$166 /mo · $1,992/yr
• Insurance: −$112
• HOA: −$0
• Vacancy / Maint / Mgmt: −$450
• Net cashflow: $2

Break-even live

Break-even rent $2,141

Max offer price $269,500

Occupancy floor 95%

Sensitivity live

Price	-10% $155	-5% $78	+0% $2	+5% $-74	+10% $-151
Rent	-10% $-167	-5% $-83	+0% $2	+5% $87	+10% $171
Rate	-1.0pp $138	-0.5pp $71	base $2	+0.5pp $-68	+1.0pp $-139

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: $67,375
• Closing costs: $8,085
• Reserves months: —
• Total cash needed: —

Listing history 23 events

1. 2026-06-21
   days on market $269,500 Active 121 DOM
2. 2026-06-18
   days on market $269,500 Active 118 DOM
3. 2026-06-17
   days on market $269,500 Active 117 DOM
4. 2026-06-16
   days on market $269,500 Active 116 DOM
5. 2026-06-15
   days on market $269,500 Active 115 DOM
6. 2026-06-14
   days on market $269,500 Active 113 DOM
7. 2026-06-10
   days on market $269,500 Active 110 DOM
8. 2026-06-09
   days on market $269,500 Active 109 DOM
9. 2026-06-08
   days on market $269,500 Active 108 DOM
10. 2026-06-07
    days on market $269,500 Active 107 DOM
11. 2026-06-03
    days on market $269,500 Active 103 DOM
12. 2026-06-02
    days on market $269,500 Active 102 DOM
13. 2026-06-01
    days on market $269,500 Active 101 DOM
14. 2026-05-31
    days on market $269,500 Active 100 DOM
15. 2026-05-31
    days on market $269,500 Active 99 DOM
16. 2026-04-17
    status Active 1117-char remark

    Show marketing remark (1117 chars)

    ****Major Updated feature**** 2 full bathrooms on 1.89 Acres in Molino Park!! From the moment you arrive, you'll notice the refreshed curb appeal and landscape. This inviting 4-bedroom, 2-bath home features two entrances, offering many possibilities. This turnkey home has been freshly painted and offers tile flooring throughout the main living areas for easy maintenance and durability. The kitchen includes newer stainless steel appliances. The hall bathroom has been updated with a new tub-and-shower combo and a new toilet. The primary bedroom features a spacious closet and a ceiling fan. The primary bath has been recently improved with a BRAND-NEW WALK-IN SHOWER. The additional bedrooms are all generously sized. Enjoy the outdoor space with an open deck, a shed with 110- and 220-amp power, and a carport. Recent updates: Septic pumped (2025), roof (2014), HVAC (2016), and water heater (2023). Schedule a private tour today if your buyer is searching for peaceful, convenient, and spacious acreage in the Molino Park Elementary School District. This is one of those opportunities you will not want to miss.

17. 2026-04-17
    price $270,000 1117-char remark

    Show marketing remark (1117 chars)

    ****Major Updated feature**** 2 full bathrooms on 1.89 Acres in Molino Park!! From the moment you arrive, you'll notice the refreshed curb appeal and landscape. This inviting 4-bedroom, 2-bath home features two entrances, offering many possibilities. This turnkey home has been freshly painted and offers tile flooring throughout the main living areas for easy maintenance and durability. The kitchen includes newer stainless steel appliances. The hall bathroom has been updated with a new tub-and-shower combo and a new toilet. The primary bedroom features a spacious closet and a ceiling fan. The primary bath has been recently improved with a BRAND-NEW WALK-IN SHOWER. The additional bedrooms are all generously sized. Enjoy the outdoor space with an open deck, a shed with 110- and 220-amp power, and a carport. Recent updates: Septic pumped (2025), roof (2014), HVAC (2016), and water heater (2023). Schedule a private tour today if your buyer is searching for peaceful, convenient, and spacious acreage in the Molino Park Elementary School District. This is one of those opportunities you will not want to miss.

18. 2026-04-15
    historical Contingent 1117-char remark

    Show marketing remark (1117 chars)

    ****Major Updated feature**** 2 full bathrooms on 1.89 Acres in Molino Park!! From the moment you arrive, you'll notice the refreshed curb appeal and landscape. This inviting 4-bedroom, 2-bath home features two entrances, offering many possibilities. This turnkey home has been freshly painted and offers tile flooring throughout the main living areas for easy maintenance and durability. The kitchen includes newer stainless steel appliances. The hall bathroom has been updated with a new tub-and-shower combo and a new toilet. The primary bedroom features a spacious closet and a ceiling fan. The primary bath has been recently improved with a BRAND-NEW WALK-IN SHOWER. The additional bedrooms are all generously sized. Enjoy the outdoor space with an open deck, a shed with 110- and 220-amp power, and a carport. Recent updates: Septic pumped (2025), roof (2014), HVAC (2016), and water heater (2023). Schedule a private tour today if your buyer is searching for peaceful, convenient, and spacious acreage in the Molino Park Elementary School District. This is one of those opportunities you will not want to miss.

19. 2026-02-20
    listed $275,000 Active 1117-char remark

    Show marketing remark (1117 chars)

    ****Major Updated feature**** 2 full bathrooms on 1.89 Acres in Molino Park!! From the moment you arrive, you'll notice the refreshed curb appeal and landscape. This inviting 4-bedroom, 2-bath home features two entrances, offering many possibilities. This turnkey home has been freshly painted and offers tile flooring throughout the main living areas for easy maintenance and durability. The kitchen includes newer stainless steel appliances. The hall bathroom has been updated with a new tub-and-shower combo and a new toilet. The primary bedroom features a spacious closet and a ceiling fan. The primary bath has been recently improved with a BRAND-NEW WALK-IN SHOWER. The additional bedrooms are all generously sized. Enjoy the outdoor space with an open deck, a shed with 110- and 220-amp power, and a carport. Recent updates: Septic pumped (2025), roof (2014), HVAC (2016), and water heater (2023). Schedule a private tour today if your buyer is searching for peaceful, convenient, and spacious acreage in the Molino Park Elementary School District. This is one of those opportunities you will not want to miss.

20. 2015-04-27
    soldstatus $120,000
21. 2006-04-01
    soldstatus $40,000
22. 1993-01-01
    soldstatus $43,500
23. 1992-12-01
    soldstatus $43,500

ⓘ 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: $1,992 · $166/mo
• Projected year-2 tax: $2,237 · $186/mo
• Expected delta: +$245/yr (+$20/mo · 12.3%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥105°F today · 21 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

Taxation est. · year 1

• Rental income: $25,726
• − Mortgage interest: −$15,096
• − Property taxes: −$1,992
• − Insurance: −$1,348
• − Repairs & maintenance: −$2,058
• − Management: −$2,058
• − Depreciation: −$7,840
• Taxable loss: −$4,666
• Est. tax savings @ 24.0%: +$1,120
• After-tax cash flow: $1,144/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: Escambia
• NCES district ID: 1200510
• Math proficiency: 40% ▼ -9.00%
• Reading proficiency: 45% ▼ -4.00%
• Median HH income: $44,649
• Composite: 36.04/100
• National rank: #4773
• State rank: #56 of 73 in FL

Livability — Molino

• Score: 76/100
• State rank: #224
• US rank: #3540

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Escambia County · 301,722 people
• Metro: Pensacola-Ferry Pass-Brent, FL
• Population (ZIP): 31,860
• Household income: $86,087
• Rent vs Own: 15.4% rent · 84.6% own
• Severe rent burden: 389.0

Population outlook (Escambia County) Hauer SSP2

• Today (2025): 334,637 people
• By 2030: 345,779 · +3.3%
• By 2040: 364,828 · +9.0%
• By 2050: 378,514 · +13.1%
• By 2075: 403,220 · +20.5%
• By 2100: 386,125 · +15.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (74%)
• Race & ethnicity: White 74% Black 12% Two or more races 8% Hispanic / Latino 4% Asian 3%
• Common ancestry: Italian 2% Serbian 2% Lithuanian 2%
• Foreign-born: 3% · Canada, Guatemala, China
• Languages at home: 96% English-only · Spanish 2% Vietnamese 1%

Political lean MEDSL · Escambia

• 2024 margin: R (+19.5) · D 39.7% · R 59.2% · Other 1.1%
• 2008→2024 swing: -0.2pp no change · 2008: -19.3pp · 2024: -19.5pp
• All cycles: 2024: R+19.5 2020: R+15.1 2016: R+20.6 2012: R+20.6 2008: R+19.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -44.13%
• Current HPI: 259.2605
• Rent YoY: —
• Metro: Pensacola-Ferry Pass-Brent, 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

+520.7% since first listed

8 events — show timeline

• 2026-04-17 Relisted — PARMLS
• 2026-04-17 Price Changed $270,000 PARMLS
• 2026-04-15 Contingent — PARMLS
• 2026-02-20 Listed $275,000 PARMLS
• 2015-04-27 Sold (Public Records) $120,000 Public Records
• 2006-04-01 Sold (Public Records) $40,000 Public Records
• 1993-01-01 Sold (Public Records) $43,500 Public Records
• 1992-12-01 Sold (Public Records) $43,500 Public Records

Property tax history

+11.1%/yr

Latest (2025): $1,992 · +13.0% YoY. Source: county tax records.