614 Powell St · Wildwood, FL 34785

$229,900

2 bd · 1.0 ba · 936 sqft · SingleFamily public records · 251 Days on market

Built 1949 9,995 sqft lot Est $160k · 44% over

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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).

• Cash flow +7.6/30.0
• Schools +5.2/10.0
• Livability +3.5/5.0
• Rent growth +3.2/5.0
• Condition / age +2.5/5.0
• DSCR +1.7/10.0
• 1% rule +1.4/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Investor's Dream! Excellent Opportunity for Sweat Equity! Welcome to this fantastic property, perfect for investors or homebuyers looking to add their personal touch. This block home with a charming brick façade offers incredible potential. Take advantage of this rare find and seize the chance to build equity quickly. Here are the exciting features of this property: Spacious Layout: With 1064 square feet of living area, this home provides ample space to create a comfortable living environment. There is plenty of room to customize and transform this property into your ideal space. Convenient Carport: Enjoy the convenience of an oversized one-car carport, providing protection for your vehicle from the elements. Additionally, the carport features a storage room at the rear, offering extra space for your belongings. Two Bedrooms: This home features two bedrooms, providing comfortable accommodations for individuals, couples, or small families. Customize the bedrooms to suit your unique style and preferences. Interior Utility Room: The property includes an interior utility room, adding convenience and functionality to your daily routine. Use it as a laundry room or for extra storage space. Great Investment Potential: This property presents an excellent opportunity for investors seeking to expand their rental portfolio. With a little TLC, you can turn this property into a profitable rental unit, generating passive income for years to come. Fix and Flip Potential: If you're a handy individual looking for a rewarding project, this property is an ideal candidate for a fix and flip. Put your skills to work, add value, and reap the rewards of your hard work and vision. Electrical Upgrades: The electrical service has been upgraded, ensuring safety and modern functionality for the property. Although the exact timeframe is unknown, this improvement saves you time and effort on potential updates. Don't miss out on this incredible opportunity to make a wise investment or create your dream home. Act now to secure this property with immense potential. Contact us today to schedule a viewing or to receive more information. Let your creativity and vision flourish in this remarkable property.

Key facts

• Brick façade
• New interior doors
• New roof

Tags

• BRICK FAÇADE
• NEW ROOF
• LOW-E INSULATED WINDOWS
• LUXURY VINYL PLANK FLOORING
• NEW INTERIOR DOORS
• ELEGANT TRIM

Property features AI

Finance

• HOA & community: No association

Exterior

• Parking: Attached garage with garage door opener (1-car garage)
• Utilities: Public water; Public sewer; Public utilities
• Home design: Single-family residence; One story; Facing west
• Construction: Block and brick construction; Shingle roof; Crawlspace foundation; Built on a 0.23-acre lot
• Exterior features: Front porch (screened); Dog run; Storage shed(s); Chain link fence; Level, paved lot; Trees and landscaping

Interior

• Kitchen: Dishwasher; Microwave; Range; Refrigerator; Electric water heater
• Bedrooms: 2 bedrooms
• Bathrooms: 1 full bathroom
• Interior features: Ceiling fans; Eat-in kitchen; Walk-in closet(s); Insulated windows
• Laundry & utility: Washer hookup; Electric dryer hookup; Inside laundry room; Inside utility

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $230k.

Deal economics

• At list price, monthly cash flow is $-272 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $182k (20.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $148k (35.6% below list).
• Recommended offer: $148k (35.6% below list) — sets the bar for 1% rule.
• Cap rate 4.9% vs local median 3.9% in Wildwood — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 69/100 on livability (#471 in FL) — a middle-class / working-renter tenant base. Strengths: health & safety A+, cost of living A, crime A-; Watch: amenities F, commute F, employment D-.
• Sumter (rural): math 61% / reading 61% proficiency, ranked #11 of 73 in FL (top 15%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Wildwood Elementary School (math 49% / reading 52%, grade D+, #1,055 of 2,144 statewide, top 50%, 940 students, 76% FRL); South Sumter Middle School (math 55% / reading 54%, grade B-, #183 of 571 statewide, top 34%, 897 students, 61% FRL); Wildwood Middle/ High School (math 29% / reading 41%, grade F, #379 of 667 statewide, top 58%, 843 students, 63% FRL) — zoned schools average 67% FRL vs 51% district-wide (16 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 47% at this address vs 61% district-wide (-14 pts) — the specific schools serving this property underperform the Sumter average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising (+2.9%/yr); 428 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 3,961 units permitted in Sumter County in 2024 (248 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 $7k of value loss. Plan a longer hold.
• Sumter County population projected at +45% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 251 days — a 12% lower offer ($202k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 3y 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 $115k; list at $230k implies a 100% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1949 — expect roof / HVAC / electrical / plumbing capex.
• 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 $148,138 (35.6% 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 251 days. Have you received any prior offers? Is the seller open to a 36% concession, seller financing, or rate buy-down credit?
3. Built in 1949 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.64% ✗
• Cap rate: 4.87%
• Cash-on-cash: -5.07%
• DSCR: 0.77
• GRM: 12.9

CMA / ARV

• ARV (on-the-fly): $160,056
• Comps found: 5

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
507 Barwick St	0.27mi	2/2.0	920 (-2%)	8mo	$135,000	$147	74
605 Pleasantdale Dr	0.40mi	3/1.0 (+1)	919 (-2%)	13mo	$120,000	$131	63
611 4th St	0.57mi	3/1.0 (+1)	961 (+3%)	8mo	$184,000	$191	58
7941 NE 42nd Ter	0.41mi	2/1.0	832 (-11%)	8mo	$142,000	$171	56
713 Osceola Ave	0.26mi	2/1.0	810 (-14%)	24mo	$145,000	$179	46

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 · 2.85% rent growth · sell at horizon

5-year hold

• IRR: -25.1%
• Equity multiple: 0.15×
• Total profit: $-54,863
• Equity at exit: $34,279

10-year hold

• IRR: -21.7%
• Equity multiple: -0.11×
• Total profit: $-71,263
• Equity at exit: $19,878

Cash invested: $64,372 (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 34785

• Home prices YoY: -10.7%
• Rents YoY: 2.9%
• Active inventory: 428
• Price-to-rent: 12.9×

Monthly cashflow live

• Estimated rent: $1,481 high
• Mortgage (P&I): −$1,206
• Tax from tax record: −$141 /mo · $1,690/yr
• Insurance: −$96
• HOA: −$0
• Vacancy / Maint / Mgmt: −$311
• Net cashflow: $-272

Break-even live

Break-even rent $1,826

Max offer price $181,864

Occupancy floor —

Sensitivity live

Price	-10% $-142	-5% $-207	+0% $-272	+5% $-337	+10% $-402
Rent	-10% $-389	-5% $-330	+0% $-272	+5% $-213	+10% $-155
Rate	-1.0pp $-156	-0.5pp $-213	base $-272	+0.5pp $-331	+1.0pp $-392

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: $57,475
• Closing costs: $6,897
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5901 Myrtle DR Wildwood, FL	1.0–2.0	1.0–2.0	982	$2,009	$2.05	23d	11	0.40mi
409 Kilgore St Wildwood, FL	2.0	1.0	672	$650	$0.97	23d	1	0.55mi
505 Kilgore St Wildwood, FL	2.0	1.0	672	$650	$0.97	23d	1	0.57mi
805 Peters St Wildwood, FL	2.0	1.0	672	$850	$1.26	23d	1	0.79mi
4980 Red Maple Ln Unit B1 Wildwood, FL	2.0	2.0	1095	$1,884	$1.72	23d	1	0.87mi
5115 Spanish Harbor Dr Wildwood, FL	1.0–3.0	1.0–2.0	990	$1,494	$1.51	23d	29	0.97mi
7011 Homestead Lp Wildwood, FL	1.0–3.0	1.0–2.0	998	$1,469	$1.47	23d	22	1.05mi
6629 Dan DiCiolla Dr Wildwood, FL	1.0–3.0	1.0–2.5	1075	$1,874	$1.74	23d	44	1.14mi

Listing history 27 events

1. 2026-06-22
   days on market $229,900 Active 251 DOM
2. 2026-06-19
   days on market $229,900 Active 249 DOM
3. 2026-06-18
   days on market $229,900 Active 248 DOM
4. 2026-06-17
   days on market $229,900 Active 247 DOM
5. 2026-06-16
   days on market $229,900 Active 246 DOM
6. 2026-06-15
   days on market $229,900 Active 245 DOM
7. 2026-06-14
   days on market $229,900 Active 243 DOM
8. 2026-06-13
   days on market $229,900 Active 242 DOM
9. 2026-06-10
   days on market $229,900 Active 240 DOM
10. 2026-06-09
    days on market $229,900 Active 239 DOM
11. 2026-06-08
    days on market $229,900 Active 238 DOM
12. 2026-06-07
    days on market $229,900 Active 237 DOM
13. 2026-06-02
    days on market $229,900 Active 232 DOM
14. 2026-06-01
    days on market $229,900 Active 231 DOM
15. 2026-05-31
    days on market $229,900 Active 230 DOM
16. 2026-05-30
    days on market $229,900 Active 229 DOM
17. 2026-05-01
    price $229,900
18. 2025-10-13
    listed $234,900 Active
19. 2025-05-11
    historical
20. 2024-11-11
    status Active
21. 2024-11-11
    price $254,900
22. 2024-11-06
    historical
23. 2024-06-05
    listed $269,000 Active
24. 2023-07-18
    soldstatus $115,000
25. 2023-07-07
    soldstatus $115,000 Closed 2216-char remark

    Show marketing remark (2216 chars)

    Investor's Dream! Excellent Opportunity for Sweat Equity! Welcome to this fantastic property, perfect for investors or homebuyers looking to add their personal touch. This block home with a charming brick façade offers incredible potential. Take advantage of this rare find and seize the chance to build equity quickly. Here are the exciting features of this property: Spacious Layout: With 1064 square feet of living area, this home provides ample space to create a comfortable living environment. There is plenty of room to customize and transform this property into your ideal space. Convenient Carport: Enjoy the convenience of an oversized one-car carport, providing protection for your vehicle from the elements. Additionally, the carport features a storage room at the rear, offering extra space for your belongings. Two Bedrooms: This home features two bedrooms, providing comfortable accommodations for individuals, couples, or small families. Customize the bedrooms to suit your unique style and preferences. Interior Utility Room: The property includes an interior utility room, adding convenience and functionality to your daily routine. Use it as a laundry room or for extra storage space. Great Investment Potential: This property presents an excellent opportunity for investors seeking to expand their rental portfolio. With a little TLC, you can turn this property into a profitable rental unit, generating passive income for years to come. Fix and Flip Potential: If you're a handy individual looking for a rewarding project, this property is an ideal candidate for a fix and flip. Put your skills to work, add value, and reap the rewards of your hard work and vision. Electrical Upgrades: The electrical service has been upgraded, ensuring safety and modern functionality for the property. Although the exact timeframe is unknown, this improvement saves you time and effort on potential updates. Don't miss out on this incredible opportunity to make a wise investment or create your dream home. Act now to secure this property with immense potential. Contact us today to schedule a viewing or to receive more information. Let your creativity and vision flourish in this remarkable property.

26. 2023-06-26
    status Pending 2216-char remark

    Show marketing remark (2216 chars)

    Investor's Dream! Excellent Opportunity for Sweat Equity! Welcome to this fantastic property, perfect for investors or homebuyers looking to add their personal touch. This block home with a charming brick façade offers incredible potential. Take advantage of this rare find and seize the chance to build equity quickly. Here are the exciting features of this property: Spacious Layout: With 1064 square feet of living area, this home provides ample space to create a comfortable living environment. There is plenty of room to customize and transform this property into your ideal space. Convenient Carport: Enjoy the convenience of an oversized one-car carport, providing protection for your vehicle from the elements. Additionally, the carport features a storage room at the rear, offering extra space for your belongings. Two Bedrooms: This home features two bedrooms, providing comfortable accommodations for individuals, couples, or small families. Customize the bedrooms to suit your unique style and preferences. Interior Utility Room: The property includes an interior utility room, adding convenience and functionality to your daily routine. Use it as a laundry room or for extra storage space. Great Investment Potential: This property presents an excellent opportunity for investors seeking to expand their rental portfolio. With a little TLC, you can turn this property into a profitable rental unit, generating passive income for years to come. Fix and Flip Potential: If you're a handy individual looking for a rewarding project, this property is an ideal candidate for a fix and flip. Put your skills to work, add value, and reap the rewards of your hard work and vision. Electrical Upgrades: The electrical service has been upgraded, ensuring safety and modern functionality for the property. Although the exact timeframe is unknown, this improvement saves you time and effort on potential updates. Don't miss out on this incredible opportunity to make a wise investment or create your dream home. Act now to secure this property with immense potential. Contact us today to schedule a viewing or to receive more information. Let your creativity and vision flourish in this remarkable property.

27. 2023-06-19
    listed $145,000 Active 2216-char remark

    Show marketing remark (2216 chars)

    Investor's Dream! Excellent Opportunity for Sweat Equity! Welcome to this fantastic property, perfect for investors or homebuyers looking to add their personal touch. This block home with a charming brick façade offers incredible potential. Take advantage of this rare find and seize the chance to build equity quickly. Here are the exciting features of this property: Spacious Layout: With 1064 square feet of living area, this home provides ample space to create a comfortable living environment. There is plenty of room to customize and transform this property into your ideal space. Convenient Carport: Enjoy the convenience of an oversized one-car carport, providing protection for your vehicle from the elements. Additionally, the carport features a storage room at the rear, offering extra space for your belongings. Two Bedrooms: This home features two bedrooms, providing comfortable accommodations for individuals, couples, or small families. Customize the bedrooms to suit your unique style and preferences. Interior Utility Room: The property includes an interior utility room, adding convenience and functionality to your daily routine. Use it as a laundry room or for extra storage space. Great Investment Potential: This property presents an excellent opportunity for investors seeking to expand their rental portfolio. With a little TLC, you can turn this property into a profitable rental unit, generating passive income for years to come. Fix and Flip Potential: If you're a handy individual looking for a rewarding project, this property is an ideal candidate for a fix and flip. Put your skills to work, add value, and reap the rewards of your hard work and vision. Electrical Upgrades: The electrical service has been upgraded, ensuring safety and modern functionality for the property. Although the exact timeframe is unknown, this improvement saves you time and effort on potential updates. Don't miss out on this incredible opportunity to make a wise investment or create your dream home. Act now to secure this property with immense potential. Contact us today to schedule a viewing or to receive more information. Let your creativity and vision flourish in this remarkable property.

ⓘ 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: $1,690 · $141/mo
• Projected year-2 tax: $1,908 · $159/mo
• Expected delta: +$219/yr (+$18/mo · 12.9%)

ⓘ 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) · 22% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 21 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,777
• − Mortgage interest: −$12,878
• − Property taxes: −$1,690
• − Insurance: −$1,150
• − Repairs & maintenance: −$1,422
• − Management: −$1,422
• − Depreciation: −$6,688
• Taxable loss: −$7,473
• Est. tax savings @ 24.0%: +$1,793
• After-tax cash flow: $-1,470/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: Sumter
• NCES district ID: 1201800
• Math proficiency: 61% ▼ -4.00%
• Reading proficiency: 61% ▼ -2.00%
• Median HH income: $48,240
• Composite: 51.74/100
• National rank: #1682
• State rank: #11 of 73 in FL

Livability — Wildwood

• Score: 69/100
• State rank: #471
• US rank: #8500

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Wildwood, FL
• County: Sumter County · 110,591 people
• City population: 21,568
• Metro: The Villages, FL
• Population (ZIP): 21,568
• Household income: $66,136
• Rent vs Own: 26.7% rent · 73.3% own
• Severe rent burden: 730.0

Population outlook (Sumter County) Hauer SSP2

• Today (2025): 161,172 people
• By 2030: 180,083 · +11.7%
• By 2040: 209,892 · +30.2%
• By 2050: 234,186 · +45.3%
• By 2075: 284,602 · +76.6%
• By 2100: 317,039 · +96.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.62)
• Race & ethnicity: White 52% Black 29% Hispanic / Latino 14% Two or more races 3%
• Hispanic origin (detail): Mexican 4% Puerto Rican 2%
• Common ancestry: Romanian 3% Lithuanian 2% Italian 2%
• Foreign-born: 11% · Canada, Jamaica
• Languages at home: 85% English-only · Spanish 12% Other Indo-European 1% French/Haitian/Cajun 1%

Political lean MEDSL · Sumter

• 2024 margin: Solid R (+37.6) · D 30.9% · R 68.6%
• 2008→2024 swing: -10.6pp toward R · 2008: -27.0pp · 2024: -37.6pp
• All cycles: 2024: R+37.6 2020: R+36.1 2016: R+39.2 2012: R+34.9 2008: R+27.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -32.14%
• Current HPI: 267.9137
• Rent YoY: ▲ 2.85%
• Metro: The Villages, 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

+58.6% since first listed

11 events — show timeline

• 2026-05-01 Price Changed $229,900 Stellar MLS as Distributed by MLS Grid
• 2025-10-13 Listed $234,900 Stellar MLS as Distributed by MLS Grid
• 2025-05-11 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2024-11-11 Relisted — Stellar MLS as Distributed by MLS Grid
• 2024-11-11 Price Changed $254,900 Stellar MLS as Distributed by MLS Grid
• 2024-11-06 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2024-06-05 Listed $269,000 Stellar MLS as Distributed by MLS Grid
• 2023-07-18 Sold (Public Records) $115,000 Public Records
• 2023-07-07 Sold (MLS) $115,000 Stellar MLS as Distributed by MLS Grid
• 2023-06-26 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-06-19 Listed $145,000 Stellar MLS as Distributed by MLS Grid

Property tax history

+5.4%/yr

Latest (2025): $1,690 · +2.5% YoY. Source: county tax records.