8156 N Princess Ave · Pine Ridge, FL
Flood risk 3/10 · Minor
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.2%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 6/10 · Moderate
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 9/10 · Severe
- Hot days now (above 109°F)
- 7 days/yr
- Hot days in 30 yrs
- 25 days/yr
Wind risk 9/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
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 +30.0/30.0
- ARV discount +15.0/15.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Schools +4.1/10.0
- Livability +3.4/5.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Appreciation +1.8/10.0
$115,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
This 1984 manufactured home sits on a spacious . 51-acre fully fenced lot and offers tremendous potential for the right buyer. With solid improvements already in place including a NEW ROOF, NEW HVAC, and newer plumbing with no polybutylene pipes. The home features 3 bedrooms, each with a walk-in closet, a large Florida room, and indoor laundry with storage shelves, work space, and a dedicated hot water heater for the washing machine. The kitchen includes wood cabinets, a breakfast bar, and newer appliances. A 100-gallon propane tank powers the range, dryer, and the included generator. Outside, you’ll find a detached 2-car garage with electric and workshop area, perfect for projects or storage needs. The fully fenced yard provides ample space for pets, gardening, or future outdoor enhancements. Conveniently located close to shopping, restaurants, and hospitals.
Key facts
- New hvac
- Walk-in closet
- Newer plumbing
Tags
Property features AI
Finance
- Other: Property classified as residential (manufactured home); Approximately 0.51 acres (cleared, level lot); Limerock road surface; One well and one septic on property
- Financial info: No lease restrictions indicated; Homestead exemption indicated
- HOA & community: No association indicated; Pets allowed
Exterior
- Parking: Attached garage with 2 garage spaces; Carport (1 space); Workshop in garage
- Security: Smoke detector(s)
- Utilities: Well water; Septic tank; Broadband/high-speed internet available; Cable available; Electricity connected; Propane
- Home design: Manufactured double-wide home; One story; Northeast facing; Crawlspace foundation
- Construction: Vinyl siding; Membrane, metal and shingle roof options; Built as a double wide manufactured home
- Exterior features: Covered, enclosed and screened porch areas; Front porch; Side porch; Wire and wood fencing; Storage structure; Generator; Other exterior features
Interior
- Kitchen: Dishwasher; Range; Range hood; Refrigerator; Disposal; Electric water heater
- Bedrooms: 3 bedrooms
- Flooring: Carpet; Concrete; Linoleum
- Bathrooms: 2 full bathrooms
- Heating & cooling: Central heating (Electric, Heat Pump); Central air conditioning
- Interior features: Ceiling fans; Living room/dining room combo; Solid wood cabinets; Split bedroom floor plan; Walk-in closet(s); Blinds; Smoke detector(s)
- Laundry & utility: Inside laundry room; Washer; Dryer; Gas dryer hookup; Inside utility/Florida room area
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath manufactured listed at $115k.
Deal economics
- At list price, monthly cash flow is $891 ($11k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $115k).
- Recommended offer: $101k (12.0% below list) — sets the bar for market timing.
- Cap rate 15.6% vs local median 3.4% in Pine Ridge — 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 67/100 on livability (#565 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+, cost of living A-; Watch: health & safety C-, amenities F, commute F.
- Citrus (rural): math 49% / reading 50% proficiency, ranked #44 of 73 in FL (top 60%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Zoned schools: Citrus Springs Elementary School (math 52% / reading 48%, grade D+, #1,070 of 2,144 statewide, top 51%, 817 students, 71% FRL); Crystal River Middle School (math 49% / reading 47%, grade C-, #286 of 571 statewide, top 50%, 900 students, 64% FRL); Crystal River High School (math 31% / reading 44%, grade F, #336 of 667 statewide, top 51%, 1,249 students, 56% FRL).
- Market conditions: 653 active listings in the ZIP; 2,443 units permitted in Citrus County in 2024 (0 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $795 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
- Citrus County population projected to shrink 10% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
- At projected returns (-3.0% appreciation + 3.0% rent growth), your $32k cash investment doubles in ~4 years — after that, you're playing with house money.
Negotiation context
- It's been on market 144 days — a 12% lower offer ($101k) is reasonable based on typical stale-listing flexibility.
- 8 sale attempts since 6y ago; this cycle's ask has dropped $22k (16%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $61k; list at $115k implies a 89% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 144 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 1.75% ✓
- Cap rate
- 15.59%
- Cash-on-cash
- 33.19%
- DSCR
- 2.48
- GRM
- 4.8
CMA / ARV
- ARV (on-the-fly)
- $167,228
- Comps found
- 4
Show comp detail 4 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 8156 N Princess Ave | 0.00mi | 3/2.0 | 1,724 (0%) | 1mo | $90,000 | $52 | 99 |
| 7812 W Laura St | 0.47mi | 3/2.0 | 1,800 (+4%) | 6mo | $150,000 | $83 | 66 |
| 7925 W Fostoria Dr | 0.34mi | 3/2.0 | 1,648 (-4%) | 18mo | $160,000 | $97 | 62 |
| 8385 N Shady Fork Way | 0.25mi | 3/2.0 | 1,512 (-12%) | 8mo | $151,000 | $100 | 61 |
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
- IRR
- 28.4%
- Equity multiple
- 2.18×
- Total profit
- $38,061
- Equity at exit
- $17,147
- IRR
- 35.8%
- Equity multiple
- 4.29×
- Total profit
- $106,067
- Equity at exit
- $9,943
Cash invested: $32,200 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 87 Strongly Landlord-Friendly
- State Florida
- 87 Strongly Landlord-Friendly · R+3
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 34433
- Home prices YoY
- -1.8%
- Active inventory
- 653
- Price-to-rent
- 4.8×
Monthly cashflow live
- Estimated rent
- $2,011 medium interval (Pro) →
- Mortgage (P&I)
- −$603
- Tax from tax record
- −$47 /mo · $560/yr
- Insurance
- −$48
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$422
- Net cashflow
- $891
Break-even live
Sensitivity live
| Price | -10% $956 | -5% $923 | +0% $891 | +5% $858 | +10% $826 |
|---|---|---|---|---|---|
| Rent | -10% $732 | -5% $811 | +0% $891 | +5% $970 | +10% $1,049 |
| Rate | -1.0pp $949 | -0.5pp $920 | base $891 | +0.5pp $861 | +1.0pp $831 |
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
- $28,750
- Closing costs
- $3,450
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Listing history 23 events
-
2026-05-07status Pending 878-char remark
Show marketing remark (872 chars)
This 1984 manufactured home sits on a spacious . 51-acre fully fenced lot and offers tremendous potential for the right buyer. With solid improvements already in place including a NEW ROOF, NEW HVAC, and newer plumbing with no polybutylene pipes. The home features 3 bedrooms, each with a walk-in closet, a large Florida room, and indoor laundry with storage shelves, work space, and a dedicated hot water heater for the washing machine. The kitchen includes wood cabinets, a breakfast bar, and newer appliances. A 100-gallon propane tank powers the range, dryer, and the included generator. Outside, you'll find a detached 2-car garage with electric and workshop area, perfect for projects or storage needs. The fully fenced yard provides ample space for pets, gardening, or future outdoor enhancements. Conveniently located close to shopping, restaurants, and hospitals.
-
2026-05-07status Pending 872-char remark
Show marketing remark (872 chars)
This 1984 manufactured home sits on a spacious . 51-acre fully fenced lot and offers tremendous potential for the right buyer. With solid improvements already in place including a NEW ROOF, NEW HVAC, and newer plumbing with no polybutylene pipes. The home features 3 bedrooms, each with a walk-in closet, a large Florida room, and indoor laundry with storage shelves, work space, and a dedicated hot water heater for the washing machine. The kitchen includes wood cabinets, a breakfast bar, and newer appliances. A 100-gallon propane tank powers the range, dryer, and the included generator. Outside, you'll find a detached 2-car garage with electric and workshop area, perfect for projects or storage needs. The fully fenced yard provides ample space for pets, gardening, or future outdoor enhancements. Conveniently located close to shopping, restaurants, and hospitals.
-
2026-05-07status Pending
Show marketing remark (872 chars)
This 1984 manufactured home sits on a spacious . 51-acre fully fenced lot and offers tremendous potential for the right buyer. With solid improvements already in place including a NEW ROOF, NEW HVAC, and newer plumbing with no polybutylene pipes. The home features 3 bedrooms, each with a walk-in closet, a large Florida room, and indoor laundry with storage shelves, work space, and a dedicated hot water heater for the washing machine. The kitchen includes wood cabinets, a breakfast bar, and newer appliances. A 100-gallon propane tank powers the range, dryer, and the included generator. Outside, you'll find a detached 2-car garage with electric and workshop area, perfect for projects or storage needs. The fully fenced yard provides ample space for pets, gardening, or future outdoor enhancements. Conveniently located close to shopping, restaurants, and hospitals.
-
2026-04-20price $115,000 878-char remark
Show marketing remark (872 chars)
This 1984 manufactured home sits on a spacious . 51-acre fully fenced lot and offers tremendous potential for the right buyer. With solid improvements already in place including a NEW ROOF, NEW HVAC, and newer plumbing with no polybutylene pipes. The home features 3 bedrooms, each with a walk-in closet, a large Florida room, and indoor laundry with storage shelves, work space, and a dedicated hot water heater for the washing machine. The kitchen includes wood cabinets, a breakfast bar, and newer appliances. A 100-gallon propane tank powers the range, dryer, and the included generator. Outside, you'll find a detached 2-car garage with electric and workshop area, perfect for projects or storage needs. The fully fenced yard provides ample space for pets, gardening, or future outdoor enhancements. Conveniently located close to shopping, restaurants, and hospitals.
-
2026-04-20price $115,000 872-char remark
Show marketing remark (872 chars)
This 1984 manufactured home sits on a spacious . 51-acre fully fenced lot and offers tremendous potential for the right buyer. With solid improvements already in place including a NEW ROOF, NEW HVAC, and newer plumbing with no polybutylene pipes. The home features 3 bedrooms, each with a walk-in closet, a large Florida room, and indoor laundry with storage shelves, work space, and a dedicated hot water heater for the washing machine. The kitchen includes wood cabinets, a breakfast bar, and newer appliances. A 100-gallon propane tank powers the range, dryer, and the included generator. Outside, you'll find a detached 2-car garage with electric and workshop area, perfect for projects or storage needs. The fully fenced yard provides ample space for pets, gardening, or future outdoor enhancements. Conveniently located close to shopping, restaurants, and hospitals.
-
2026-04-20price $115,000
Show marketing remark (872 chars)
This 1984 manufactured home sits on a spacious . 51-acre fully fenced lot and offers tremendous potential for the right buyer. With solid improvements already in place including a NEW ROOF, NEW HVAC, and newer plumbing with no polybutylene pipes. The home features 3 bedrooms, each with a walk-in closet, a large Florida room, and indoor laundry with storage shelves, work space, and a dedicated hot water heater for the washing machine. The kitchen includes wood cabinets, a breakfast bar, and newer appliances. A 100-gallon propane tank powers the range, dryer, and the included generator. Outside, you'll find a detached 2-car garage with electric and workshop area, perfect for projects or storage needs. The fully fenced yard provides ample space for pets, gardening, or future outdoor enhancements. Conveniently located close to shopping, restaurants, and hospitals.
-
2026-03-05status Active 878-char remark
Show marketing remark (872 chars)
This 1984 manufactured home sits on a spacious . 51-acre fully fenced lot and offers tremendous potential for the right buyer. With solid improvements already in place including a NEW ROOF, NEW HVAC, and newer plumbing with no polybutylene pipes. The home features 3 bedrooms, each with a walk-in closet, a large Florida room, and indoor laundry with storage shelves, work space, and a dedicated hot water heater for the washing machine. The kitchen includes wood cabinets, a breakfast bar, and newer appliances. A 100-gallon propane tank powers the range, dryer, and the included generator. Outside, you'll find a detached 2-car garage with electric and workshop area, perfect for projects or storage needs. The fully fenced yard provides ample space for pets, gardening, or future outdoor enhancements. Conveniently located close to shopping, restaurants, and hospitals.
-
2026-03-05status Active
Show marketing remark (872 chars)
This 1984 manufactured home sits on a spacious . 51-acre fully fenced lot and offers tremendous potential for the right buyer. With solid improvements already in place including a NEW ROOF, NEW HVAC, and newer plumbing with no polybutylene pipes. The home features 3 bedrooms, each with a walk-in closet, a large Florida room, and indoor laundry with storage shelves, work space, and a dedicated hot water heater for the washing machine. The kitchen includes wood cabinets, a breakfast bar, and newer appliances. A 100-gallon propane tank powers the range, dryer, and the included generator. Outside, you'll find a detached 2-car garage with electric and workshop area, perfect for projects or storage needs. The fully fenced yard provides ample space for pets, gardening, or future outdoor enhancements. Conveniently located close to shopping, restaurants, and hospitals.
-
2026-03-05status Active 872-char remark
Show marketing remark (872 chars)
This 1984 manufactured home sits on a spacious . 51-acre fully fenced lot and offers tremendous potential for the right buyer. With solid improvements already in place including a NEW ROOF, NEW HVAC, and newer plumbing with no polybutylene pipes. The home features 3 bedrooms, each with a walk-in closet, a large Florida room, and indoor laundry with storage shelves, work space, and a dedicated hot water heater for the washing machine. The kitchen includes wood cabinets, a breakfast bar, and newer appliances. A 100-gallon propane tank powers the range, dryer, and the included generator. Outside, you'll find a detached 2-car garage with electric and workshop area, perfect for projects or storage needs. The fully fenced yard provides ample space for pets, gardening, or future outdoor enhancements. Conveniently located close to shopping, restaurants, and hospitals.
-
2026-02-23status Pending 878-char remark
Show marketing remark (872 chars)
This 1984 manufactured home sits on a spacious . 51-acre fully fenced lot and offers tremendous potential for the right buyer. With solid improvements already in place including a NEW ROOF, NEW HVAC, and newer plumbing with no polybutylene pipes. The home features 3 bedrooms, each with a walk-in closet, a large Florida room, and indoor laundry with storage shelves, work space, and a dedicated hot water heater for the washing machine. The kitchen includes wood cabinets, a breakfast bar, and newer appliances. A 100-gallon propane tank powers the range, dryer, and the included generator. Outside, you'll find a detached 2-car garage with electric and workshop area, perfect for projects or storage needs. The fully fenced yard provides ample space for pets, gardening, or future outdoor enhancements. Conveniently located close to shopping, restaurants, and hospitals.
-
2026-02-23status Pending 872-char remark
Show marketing remark (872 chars)
This 1984 manufactured home sits on a spacious . 51-acre fully fenced lot and offers tremendous potential for the right buyer. With solid improvements already in place including a NEW ROOF, NEW HVAC, and newer plumbing with no polybutylene pipes. The home features 3 bedrooms, each with a walk-in closet, a large Florida room, and indoor laundry with storage shelves, work space, and a dedicated hot water heater for the washing machine. The kitchen includes wood cabinets, a breakfast bar, and newer appliances. A 100-gallon propane tank powers the range, dryer, and the included generator. Outside, you'll find a detached 2-car garage with electric and workshop area, perfect for projects or storage needs. The fully fenced yard provides ample space for pets, gardening, or future outdoor enhancements. Conveniently located close to shopping, restaurants, and hospitals.
-
2026-02-23status Pending
Show marketing remark (872 chars)
This 1984 manufactured home sits on a spacious . 51-acre fully fenced lot and offers tremendous potential for the right buyer. With solid improvements already in place including a NEW ROOF, NEW HVAC, and newer plumbing with no polybutylene pipes. The home features 3 bedrooms, each with a walk-in closet, a large Florida room, and indoor laundry with storage shelves, work space, and a dedicated hot water heater for the washing machine. The kitchen includes wood cabinets, a breakfast bar, and newer appliances. A 100-gallon propane tank powers the range, dryer, and the included generator. Outside, you'll find a detached 2-car garage with electric and workshop area, perfect for projects or storage needs. The fully fenced yard provides ample space for pets, gardening, or future outdoor enhancements. Conveniently located close to shopping, restaurants, and hospitals.
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2026-01-29price $129,000 872-char remark
Show marketing remark (878 chars)
This 1984 manufactured home sits on a spacious . 51-acre fully fenced lot and offers tremendous potential for the right buyer. With solid improvements already in place including a NEW ROOF, NEW HVAC, and newer plumbing with no polybutylene pipes. The home features 3 bedrooms, each with a walk-in closet, a large Florida room, and indoor laundry with storage shelves, work space, and a dedicated hot water heater for the washing machine. The kitchen includes wood cabinets, a breakfast bar, and newer appliances. A 100-gallon propane tank powers the range, dryer, and the included generator. Outside, you’ll find a detached 2-car garage with electric and workshop area, perfect for projects or storage needs. The fully fenced yard provides ample space for pets, gardening, or future outdoor enhancements. Conveniently located close to shopping, restaurants, and hospitals.
-
2026-01-29price $129,000 878-char remark
Show marketing remark (878 chars)
This 1984 manufactured home sits on a spacious . 51-acre fully fenced lot and offers tremendous potential for the right buyer. With solid improvements already in place including a NEW ROOF, NEW HVAC, and newer plumbing with no polybutylene pipes. The home features 3 bedrooms, each with a walk-in closet, a large Florida room, and indoor laundry with storage shelves, work space, and a dedicated hot water heater for the washing machine. The kitchen includes wood cabinets, a breakfast bar, and newer appliances. A 100-gallon propane tank powers the range, dryer, and the included generator. Outside, you’ll find a detached 2-car garage with electric and workshop area, perfect for projects or storage needs. The fully fenced yard provides ample space for pets, gardening, or future outdoor enhancements. Conveniently located close to shopping, restaurants, and hospitals.
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2026-01-29price $129,000
Show marketing remark (878 chars)
This 1984 manufactured home sits on a spacious . 51-acre fully fenced lot and offers tremendous potential for the right buyer. With solid improvements already in place including a NEW ROOF, NEW HVAC, and newer plumbing with no polybutylene pipes. The home features 3 bedrooms, each with a walk-in closet, a large Florida room, and indoor laundry with storage shelves, work space, and a dedicated hot water heater for the washing machine. The kitchen includes wood cabinets, a breakfast bar, and newer appliances. A 100-gallon propane tank powers the range, dryer, and the included generator. Outside, you’ll find a detached 2-car garage with electric and workshop area, perfect for projects or storage needs. The fully fenced yard provides ample space for pets, gardening, or future outdoor enhancements. Conveniently located close to shopping, restaurants, and hospitals.
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2025-12-04$137,500 Active 878-char remark
Show marketing remark (872 chars)
This 1984 manufactured home sits on a spacious . 51-acre fully fenced lot and offers tremendous potential for the right buyer. With solid improvements already in place including a NEW ROOF, NEW HVAC, and newer plumbing with no polybutylene pipes. The home features 3 bedrooms, each with a walk-in closet, a large Florida room, and indoor laundry with storage shelves, work space, and a dedicated hot water heater for the washing machine. The kitchen includes wood cabinets, a breakfast bar, and newer appliances. A 100-gallon propane tank powers the range, dryer, and the included generator. Outside, you'll find a detached 2-car garage with electric and workshop area, perfect for projects or storage needs. The fully fenced yard provides ample space for pets, gardening, or future outdoor enhancements. Conveniently located close to shopping, restaurants, and hospitals.
-
2025-12-04$137,500 Active 872-char remark
Show marketing remark (872 chars)
This 1984 manufactured home sits on a spacious . 51-acre fully fenced lot and offers tremendous potential for the right buyer. With solid improvements already in place including a NEW ROOF, NEW HVAC, and newer plumbing with no polybutylene pipes. The home features 3 bedrooms, each with a walk-in closet, a large Florida room, and indoor laundry with storage shelves, work space, and a dedicated hot water heater for the washing machine. The kitchen includes wood cabinets, a breakfast bar, and newer appliances. A 100-gallon propane tank powers the range, dryer, and the included generator. Outside, you'll find a detached 2-car garage with electric and workshop area, perfect for projects or storage needs. The fully fenced yard provides ample space for pets, gardening, or future outdoor enhancements. Conveniently located close to shopping, restaurants, and hospitals.
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2025-12-04$137,500 Active
Show marketing remark (872 chars)
This 1984 manufactured home sits on a spacious . 51-acre fully fenced lot and offers tremendous potential for the right buyer. With solid improvements already in place including a NEW ROOF, NEW HVAC, and newer plumbing with no polybutylene pipes. The home features 3 bedrooms, each with a walk-in closet, a large Florida room, and indoor laundry with storage shelves, work space, and a dedicated hot water heater for the washing machine. The kitchen includes wood cabinets, a breakfast bar, and newer appliances. A 100-gallon propane tank powers the range, dryer, and the included generator. Outside, you'll find a detached 2-car garage with electric and workshop area, perfect for projects or storage needs. The fully fenced yard provides ample space for pets, gardening, or future outdoor enhancements. Conveniently located close to shopping, restaurants, and hospitals.
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2020-06-11soldstatus $60,750
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2020-06-09historical
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2020-06-09soldstatus $60,750
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2020-06-09$60,750
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2020-06-08$60,750
ⓘ 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
- $560 · $47/mo
- Projected year-2 tax
- $954 · $80/mo
- Expected delta
- +$394/yr (+$33/mo · 70.4%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 3/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
- Wildfire 6/10 Major
- Heat 9/10 Extreme 7 d/yr ≥109°F today · 25 d/yr by 30 yrs out
- Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $24,126
- − Mortgage interest
- −$6,442
- − Property taxes
- −$560
- − Insurance
- −$575
- − Repairs & maintenance
- −$1,930
- − Management
- −$1,930
- − Depreciation
- −$3,345
- Taxable income
- $9,344
- Est. tax owed @ 24.0%
- −$2,242
- After-tax cash flow
- $8,445/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
- Citrus
- NCES district ID
- 1200270
- Math proficiency
- 49% ▼ -10.00%
- Reading proficiency
- 50% ▼ -6.00%
- Median HH income
- $38,618
- Composite
- 41.28/100
- National rank
- #3519
- State rank
- #44 of 73 in FL
Livability — Pine Ridge
- Score
- 67/100
- State rank
- #565
- US rank
- #10798
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- City population
- 18,514
- Population (ZIP)
- 8,218
Population outlook (Citrus County) Hauer SSP2
- Today (2025)
- 138,622 people
- By 2030
- 136,886 · -1.3%
- By 2040
- 132,009 · -4.8%
- By 2050
- 125,196 · -9.7%
- By 2075
- 108,570 · -21.7%
- By 2100
- 84,454 · -39.1%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (76%)
- Race & ethnicity
- White 76% Hispanic / Latino 13% Two or more races 13%
- Hispanic origin (detail)
- Puerto Rican 6% Cuban 1%
- Common ancestry
- Italian 2% Romanian 2% Lithuanian 1%
- Foreign-born
- 9% · Canada
- Languages at home
- 90% English-only · Spanish 9% Other Indo-European 1%
Political lean MEDSL · Citrus
- 2024 margin
- Solid R (+45.9) · D 26.8% · R 72.6%
- 2008→2024 swing
- -29.8pp toward R · 2008: -16.1pp · 2024: -45.9pp
- All cycles
- 2024: R+45.9 2020: R+41.0 2016: R+39.7 2012: R+21.9 2008: R+16.1
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -6.35%
- Current HPI
- 340.9844
- 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 |
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| Insurance | 2 | $17B |
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| Retail | 1 | $60B |
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| Technology Distribution | 1 | $58B |
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| Homebuilding | 1 | $35B |
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| Technology Manufacturing | 1 | $35B |
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Price history
+89.3% since first listed23 events — show timeline
- 2026-05-07 Pending — RACC
- 2026-05-07 Pending — HCAR
- 2026-05-07 Pending — Stellar MLS as Distributed by MLS Grid
- 2026-04-20 Price Changed $115,000 RACC
- 2026-04-20 Price Changed $115,000 HCAR
- 2026-04-20 Price Changed $115,000 Stellar MLS as Distributed by MLS Grid
- 2026-03-05 Relisted — RACC
- 2026-03-05 Relisted — Stellar MLS as Distributed by MLS Grid
- 2026-03-05 Relisted — HCAR
- 2026-02-23 Pending — RACC
- 2026-02-23 Pending — HCAR
- 2026-02-23 Pending — Stellar MLS as Distributed by MLS Grid
- 2026-01-29 Price Changed $129,000 HCAR
- 2026-01-29 Price Changed $129,000 RACC
- 2026-01-29 Price Changed $129,000 Stellar MLS as Distributed by MLS Grid
- 2025-12-04 Listed $137,500 RACC
- 2025-12-04 Listed $137,500 HCAR
- 2025-12-04 Listed $137,500 Stellar MLS as Distributed by MLS Grid
- 2020-06-11 Sold (Public Records) $60,750 Public Records
- 2020-06-09 Listed $60,750 Stellar MLS as Distributed by MLS Grid
- 2020-06-09 Sold (MLS) $60,750 Stellar MLS as Distributed by MLS Grid
- 2020-06-09 Listing Removed — HCAR
- 2020-06-08 Listed $60,750 HCAR
Property tax history
+9.6%/yrLatest (2025): $560 · +13.4% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…