25013 SW 24th Pl · Newberry, FL 32669

$349,900

4 bd · 2.0 ba · 1,719 sqft · SingleFamily public records · 62 Days on market

Built 2023 6,098 sqft lot $25/mo HOA · 1% of rent ↓ 3% since listing

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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 +11.3/30.0
• ARV discount +7.5/15.0
• Schools +4.3/10.0
• Rent growth +3.4/5.0
• Livability +3.4/5.0
• DSCR +3.3/10.0
• 1% rule +3.0/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Country Way South – JUST LIKE NEW – is not an exaggeration! This elegant 4 bedroom, 2 bath home is only 3 years old and the owner has not lived here full-time so it has been very lightly used and is in truly pristine, move-in condition. It is elegantly appointed with carefully selected upgrades including plank tile flooring, plush carpeted bedrooms, granite countertops, stainless steel appliances, modern fixtures, LED lighting, plantation shutters and brushed nickel faucets. The kitchen with island breakfast bar and pantry is open to the dining and living areas, while a welcoming foyer leads to two guest bedrooms and a full bath. The primary suite is a true retreat, featuring a walk-in closet, dedicated shoe closet, and a luxurious en-suite with dual sinks, granite vanity, large, walk-in shower, and linen closet. Enjoy Florida living year-round on the large covered lanai. This is a premium lot backing to a common, open area so there will be no homes directly behind this lot. This beautiful home comes fully equipped with all appliances included. Newberry is one of Alachua County’s most popular towns with shopping, dining and entertainment venues all close by.

Key facts

• 6,098 sq ft lot
• 2 garage spots
• Built 2023

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $350k.

Deal economics

• At list price, monthly cash flow is $-129 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $327k (6.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $279k (20.1% below list).
• Recommended offer: $279k (20.1% below list) — sets the bar for 1% rule.
• Cap rate 5.9% vs local median 4.2% in Newberry — 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 68/100 on livability (#524 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A-; Watch: health & safety D, amenities F, commute F.
• Alachua (urban): math 49% / reading 54% proficiency, ranked #30 of 73 in FL (top 41%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents rising (+3.6%/yr); 418 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 1,774 units permitted in Alachua County in 2024 (984 in 5+ unit buildings).
• This rent runs 34% of the median local income ($100k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k of value loss. Plan a longer hold.
• Alachua County population projected at +26% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 62 days — a 6% lower offer ($329k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $279,421 (20.1% 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 62 days. Have you received any prior offers? Is the seller open to a 20% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. 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. 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?
7. 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?
8. 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.
9. 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.
10. 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: 5.85%
• Cash-on-cash: -1.58%
• DSCR: 0.93
• GRM: 10.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.57% rent growth · sell at horizon

5-year hold

• IRR: -18.3%
• Equity multiple: 0.35×
• Total profit: $-63,307
• Equity at exit: $52,171

10-year hold

• IRR: -9.6%
• Equity multiple: 0.40×
• Total profit: $-59,044
• Equity at exit: $30,253

Cash invested: $97,972 (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 32669

• Home prices YoY: -22.1%
• Rents YoY: 3.6%
• Active inventory: 418
• Price-to-rent: 10.4×

Monthly cashflow live

• Estimated rent: $2,794 medium
• Mortgage (P&I): −$1,835
• Tax from tax record: −$331 /mo · $3,968/yr
• Insurance: −$146
• HOA: −$25
• Vacancy / Maint / Mgmt: −$587
• Net cashflow: $-129

Break-even live

Break-even rent $2,957

Max offer price $327,123

Occupancy floor 100%

Sensitivity live

Price	-10% $69	-5% $-30	+0% $-129	+5% $-228	+10% $-327
Rent	-10% $-350	-5% $-239	+0% $-129	+5% $-19	+10% $92
Rate	-1.0pp $47	-0.5pp $-40	base $-129	+0.5pp $-220	+1.0pp $-312

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: $87,475
• Closing costs: $10,497
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
24722 SW 21st Ln Newberry, FL	3.0	2.0	2017	$2,400	$1.19	22d	1	0.21mi
25107 SW 9th Ln Newberry, FL	3.0	2.0	1449	$2,095	$1.45	14d	1	0.72mi

HOA detail

• Monthly dues: $25 · $300/yr

Listing history 19 events

1. 2026-06-18
   days on market $349,900 Active 62 DOM
2. 2026-06-17
   days on market $349,900 Active 61 DOM
3. 2026-06-16
   days on market $349,900 Active 60 DOM
4. 2026-06-15
   days on market $349,900 Active 59 DOM
5. 2026-06-14
   days on market $349,900 Active 57 DOM
6. 2026-06-13
   days on market $349,900 Active 56 DOM
7. 2026-06-10
   days on market $349,900 Active 54 DOM
8. 2026-06-09
   days on market $349,900 Active 53 DOM
9. 2026-06-08
   days on market $349,900 Active 52 DOM
10. 2026-06-07
    days on market $349,900 Active 51 DOM
11. 2026-06-05
    days on market $349,900 Active 48 DOM
12. 2026-06-03
    days on market $349,900 Active 47 DOM
13. 2026-06-02
    days on market $349,900 Active 46 DOM
14. 2026-06-01
    days on market $349,900 Active 45 DOM
15. 2026-05-31
    days on market $349,900 Active 44 DOM
16. 2026-05-30
    remarks 699-char remark
17. 2026-05-30
    days on market $349,900 Active 43 DOM
18. 2026-05-14
    price $349,900 1195-char remark

    Show marketing remark (1195 chars)

    Country Way South – JUST LIKE NEW – is not an exaggeration! This elegant 4 bedroom, 2 bath home is only 3 years old and the owner has not lived here full-time so it has been very lightly used and is in truly pristine, move-in condition. It is elegantly appointed with carefully selected upgrades including plank tile flooring, plush carpeted bedrooms, granite countertops, stainless steel appliances, modern fixtures, LED lighting, plantation shutters and brushed nickel faucets. The kitchen with island breakfast bar and pantry is open to the dining and living areas, while a welcoming foyer leads to two guest bedrooms and a full bath. The primary suite is a true retreat, featuring a walk-in closet, dedicated shoe closet, and a luxurious en-suite with dual sinks, granite vanity, large, walk-in shower, and linen closet. Enjoy Florida living year-round on the large covered lanai. This is a premium lot backing to a common, open area so there will be no homes directly behind this lot. This beautiful home comes fully equipped with all appliances included. Newberry is one of Alachua County’s most popular towns with shopping, dining and entertainment venues all close by.

19. 2026-04-17
    listed $359,900 Active 1195-char remark

    Show marketing remark (1195 chars)

    Country Way South – JUST LIKE NEW – is not an exaggeration! This elegant 4 bedroom, 2 bath home is only 3 years old and the owner has not lived here full-time so it has been very lightly used and is in truly pristine, move-in condition. It is elegantly appointed with carefully selected upgrades including plank tile flooring, plush carpeted bedrooms, granite countertops, stainless steel appliances, modern fixtures, LED lighting, plantation shutters and brushed nickel faucets. The kitchen with island breakfast bar and pantry is open to the dining and living areas, while a welcoming foyer leads to two guest bedrooms and a full bath. The primary suite is a true retreat, featuring a walk-in closet, dedicated shoe closet, and a luxurious en-suite with dual sinks, granite vanity, large, walk-in shower, and linen closet. Enjoy Florida living year-round on the large covered lanai. This is a premium lot backing to a common, open area so there will be no homes directly behind this lot. This beautiful home comes fully equipped with all appliances included. Newberry is one of Alachua County’s most popular towns with shopping, dining and entertainment venues all close by.

ⓘ 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: $3,968 · $331/mo
• Projected year-2 tax: $3,968 · $331/mo
• Expected delta: $0/yr ($0/mo · -0.0%)

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 7/10 Severe
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 22 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

Taxation est. · year 1

• Rental income: $33,531
• − Mortgage interest: −$19,600
• − Property taxes: −$3,968
• − Insurance: −$1,750
• − Repairs & maintenance: −$2,682
• − Management: −$2,682
• − HOA: −$300
• − Depreciation: −$10,179
• Taxable loss: −$7,630
• Est. tax savings @ 24.0%: +$1,831
• After-tax cash flow: $284/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: Alachua
• NCES district ID: 1200030
• Math proficiency: 49% ▼ -9.00%
• Reading proficiency: 54% ▼ -3.00%
• Median HH income: $42,683
• Composite: 43.31/100
• National rank: #3038
• State rank: #30 of 73 in FL

Livability — Newberry

• Score: 68/100
• State rank: #524
• US rank: #9753

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Newberry, FL
• County: Alachua County · 218,005 people
• City population: 17,704
• Metro: Gainesville, FL
• Population (ZIP): 17,704
• Household income: $99,548
• Rent vs Own: 12.5% rent · 87.5% own
• Severe rent burden: 161.0

Population outlook (Alachua County) Hauer SSP2

• Today (2025): 289,834 people
• By 2030: 305,873 · +5.5%
• By 2040: 335,246 · +15.7%
• By 2050: 364,719 · +25.8%
• By 2075: 436,665 · +50.7%
• By 2100: 482,920 · +66.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.59)
• Race & ethnicity: White 61% Hispanic / Latino 15% Two or more races 14% Black 13% Asian 6%
• Hispanic origin (detail): Mexican 3% Puerto Rican 6%
• Common ancestry: Slovak 4% Romanian 3% Lithuanian 2%
• Foreign-born: 9% · Canada, Jamaica
• Languages at home: 86% English-only · Spanish 10% Other Indo-European 2% Other Asian/Pacific 2%

Political lean MEDSL · Alachua

• 2024 margin: Strong D (+21.0) · D 59.7% · R 38.8% · Other 1.5%
• 2008→2024 swing: -0.6pp no change · 2008: 21.6pp · 2024: 21.0pp
• All cycles: 2024: D+21.0 2020: D+27.2 2016: D+22.5 2012: D+17.3 2008: D+21.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -74.83%
• Current HPI: 263.4335
• Rent YoY: ▲ 3.57%
• Metro: Gainesville, 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

-2.8% since first listed

2 events — show timeline

• 2026-05-14 Price Changed $349,900 Stellar MLS as Distributed by MLS Grid
• 2026-04-17 Listed $359,900 Stellar MLS as Distributed by MLS Grid

Property tax history

+169.9%/yr

Latest (2025): $3,968 · +5.3% YoY. Source: county tax records.