588 Bahia Cir Unit A · Silver Springs Shores, FL 34472

$108,400

1 bd · 1.0 ba · 822 sqft · Condo public records · 314 Days on market

Built 1972 $132/sqft · at area comps Est $106k · at est. $235/mo HOA · 18% of rent

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Why this score? — see what drove the C- 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 +13.2/30.0
• Appreciation +8.0/10.0
• 1% rule +7.0/10.0
• ARV discount +6.4/15.0
• DSCR +3.9/10.0
• Schools +3.6/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Welcome to 588 Bahia Circle #A, located in the Fairways at Silver Springs Shores. This beautifully remodeled first-floor condo offers stylish comfort with modern updates throughout. The 1-bedroom, 1-bath layout features Aristo Kraft custom cabinets, granite countertops, and new tile flooring with a hardwood look. The kitchen is outfitted with a brand new stainless steel refrigerator and dishwasher, along with a range and microwave that are approximately one year old. Enjoy the bright sun porch with large glider windows and a freshly painted floor, perfect for relaxation and soaking up natural light. The unit boasts elegant lighting upgrades, including LED ceiling fixtures in the bedroom closet and entryway, recessed dimmable lights in the kitchen, and a stunning stained glass dimmable light fixture in the dining room. Additional conveniences include assigned parking and a spacious walk-in closet for all your storage needs. This condo is designed for both comfort and style, making it an ideal choice for anyone looking for a ground unit. Community amenities enhance your living experience with a refreshing pool, clubhouse, and well-maintained sidewalks. Monthly association fees cover cable TV, trash service, exterior maintenance, groundskeeping, and pool care. Plus, pets are welcome, making it a great option for pet owners. Whether you're a seasonal resident or a first-time buyer, this turnkey condo is ready for you to move in. Schedule your private showing today!

Key facts

• New tile flooring
• Granite countertops
• $235 HOA

Tags

• REMODELED FIRST-FLOOR CONDO
• ARISTO KRAFT CUSTOM CABINETS
• GRANITE COUNTERTOPS
• NEW TILE FLOORING
• STAINLESS STEEL REFRIGERATOR
• STAINLESS STEEL DISHWASHER

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $108k.

Deal economics

• At list price, monthly cash flow is $-3 ($-35/yr) — negative.
• To cash-flow at today's rent, offer at most $108k (0.5% below list).
• Meets the 1% rule at list price ($1k rent vs $108k).
• Recommended offer: $95k (12.0% below list) — sets the bar for market timing.
• Cap rate 6.3% vs local median 4.7% in Silver Springs Shores — 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 (#527 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A-; Watch: crime C-, employment D, schools F.
• Marion (rural): math 42% / reading 43% proficiency, ranked #61 of 73 in FL (top 84%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 61% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents flat; 674 active listings in the ZIP; 23 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 7,071 units permitted in Marion County in 2024 (534 in 5+ unit buildings).

Forward outlook

• In year one you build about $7k of equity ($749 loan paydown + $6k appreciation (5.9% local appreciation)).
• Marion County population projected at +13% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (5.9% appreciation + 0.2% rent growth), your $30k cash investment doubles in ~4 years — after that, you're playing with house money.
• By year 5, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 314 days — a 12% lower offer ($95k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 2y ago; this cycle's ask has dropped $24k (18%) 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→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $95,392 (12.0% 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 314 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
3. Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
8. 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?
9. 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.
10. 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.
11. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.20% ✓
• Cap rate: 6.26%
• Cash-on-cash: -0.12%
• DSCR: 0.99
• GRM: 6.9

CMA / ARV

• ARV (median comp): $105,896
• List price: $108,400
• Delta: 2.36%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Projected returns pro-forma

5.93% appreciation · 0.17% rent growth · sell at horizon

5-year hold

• IRR: 13.6%
• Equity multiple: 1.90×
• Total profit: $27,259
• Equity at exit: $67,683

10-year hold

• IRR: 12.9%
• Equity multiple: 3.45×
• Total profit: $74,299
• Equity at exit: $122,344

Cash invested: $30,352 (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 34472

• Home prices YoY: 2.4%
• Rents YoY: 0.2%
• Active inventory: 674
• Price-to-rent: 6.9×

Monthly cashflow live

• Estimated rent: $1,305 high
• Mortgage (P&I): −$568
• Tax from tax record: −$185 /mo · $2,219/yr
• Insurance: −$45
• HOA: −$235
• Vacancy / Maint / Mgmt: −$274
• Net cashflow: $-3

Break-even live

Break-even rent $1,308

Max offer price $107,881

Occupancy floor 95%

Sensitivity live

Price	-10% $58	-5% $28	+0% $-3	+5% $-34	+10% $-64
Rent	-10% $-106	-5% $-54	+0% $-3	+5% $49	+10% $100
Rate	-1.0pp $52	-0.5pp $25	base $-3	+0.5pp $-31	+1.0pp $-60

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: $27,100
• Closing costs: $3,252
• Reserves months: —
• Total cash needed: —

Rent comps 23 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
593 Fairways Cir Unit A Ocala, FL	2.0	1.5	1031	$1,200	$1.16	21d	1	0.04mi
633 Silver Pass Unit B Ocala, FL	2.0	2.0	1072	$1,500	$1.40	21d	1	0.05mi
561 Fairways Cir Unit A Ocala, FL	2.0	1.5	1031	$1,250	$1.21	21d	1	0.13mi
549 Fairways Dr Unit A Ocala, FL	2.0	2.0	1072	$1,200	$1.12	21d	1	0.14mi
532 Bahia Cir Unit A Ocala, FL	2.0	1.5	1027	$1,300	$1.27	21d	1	0.22mi
520 Fairways Cir Unit A Ocala, FL	2.0	1.5	1027	$1,100	$1.07	21d	1	0.25mi
548 Fairways Cir Unit C102 Ocala, FL	2.0	2.0	850	$1,400	$1.65	21d	1	0.27mi
510 Fairways Cir Unit A Ocala, FL	2.0	2.0	1000	$1,299	$1.30	21d	1	0.27mi
544 Silver Crse Ocala, FL	2.0	1.0	904	$1,395	$1.54	14d	1	0.28mi
681 Midway Dr Unit A Ocala, FL	2.0	2.0	1000	$1,250	$1.25	14d	1	0.34mi
681 Midway Dr Unit A Ocala, FL	2.0	2.0	1000	$1,250	$1.25	21d	1	0.34mi
454 Fairways Cir Ocala, FL	2.0	2.0	837	$1,200	$1.43	21d	1	0.36mi
454 Fairways Cir Unit B203 Ocala, FL	2.0	2.0	850	$1,375	$1.62	21d	1	0.36mi
454 Fairways Cir Unit B204 Ocala, FL	2.0	2.0	837	$1,289	$1.54	21d	1	0.36mi
576 Fairways Ln Unit M104 Ocala, FL	2.0	2.0	837	$1,250	$1.49	21d	1	0.36mi
608 Midway Dr Unit A Ocala, FL	2.0	1.5	1054	$1,500	$1.42	14d	1	0.44mi
7817 Midway Drive Ter Unit A103 Ocala, FL	1.0	1.0	729	$1,300	$1.78	21d	1	0.48mi
54 Pine Trak Unit 104F Ocala, FL	2.0	2.0	832	$1,300	$1.56	21d	1	0.52mi
58 Pine Trak Unit 104D Ocala, FL	2.0	2.0	832	$1,050	$1.26	21d	1	0.55mi
62 Pine Trak Ocala, FL	2.0	2.0	832	$1,250	$1.50	21d	1	0.59mi
12 Spring Loop Ocala, FL	2.0	1.0	900	$1,350	$1.50	14d	1	0.96mi
162 Bahia Terrace Dr Ocala, FL	2.0	2.0	984	$1,375	$1.40	21d	1	1.05mi
7455 Midway Ter Unit K Ocala, FL	2.0	1.0	904	$1,249	$1.38	21d	1	1.41mi

HOA detail condo

• Monthly dues: $235 · $2,820/yr
• Likely covers: trashcablelandscapingexterior maint.poolparking
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 32 events

1. 2026-06-18
   days on market $108,400 Active 314 DOM
2. 2026-06-17
   days on market $108,400 Active 313 DOM
3. 2026-06-16
   days on market $108,400 Active 312 DOM
4. 2026-06-15
   days on market $108,400 Active 311 DOM
5. 2026-06-14
   days on market $108,400 Active 309 DOM
6. 2026-06-13
   days on market $108,400 Active 308 DOM
7. 2026-06-10
   days on market $108,400 Active 306 DOM
8. 2026-06-09
   days on market $108,400 Active 305 DOM
9. 2026-06-08
   days on market $108,400 Active 304 DOM
10. 2026-06-07
    days on market $108,400 Active 303 DOM
11. 2026-06-03
    days on market $108,400 Active 299 DOM
12. 2026-06-02
    days on market $108,400 Active 298 DOM
13. 2026-05-31
    days on market $108,400 Active 296 DOM
14. 2026-05-30
    days on market $108,400 Active 295 DOM
15. 2026-02-05
    price $109,400 1485-char remark

    Show marketing remark (1485 chars)

    Welcome to 588 Bahia Circle #A, located in the Fairways at Silver Springs Shores. This beautifully remodeled first-floor condo offers stylish comfort with modern updates throughout. The 1-bedroom, 1-bath layout features Aristo Kraft custom cabinets, granite countertops, and new tile flooring with a hardwood look. The kitchen is outfitted with a brand new stainless steel refrigerator and dishwasher, along with a range and microwave that are approximately one year old. Enjoy the bright sun porch with large glider windows and a freshly painted floor, perfect for relaxation and soaking up natural light. The unit boasts elegant lighting upgrades, including LED ceiling fixtures in the bedroom closet and entryway, recessed dimmable lights in the kitchen, and a stunning stained glass dimmable light fixture in the dining room. Additional conveniences include assigned parking and a spacious walk-in closet for all your storage needs. This condo is designed for both comfort and style, making it an ideal choice for anyone looking for a ground unit. Community amenities enhance your living experience with a refreshing pool, clubhouse, and well-maintained sidewalks. Monthly association fees cover cable TV, trash service, exterior maintenance, groundskeeping, and pool care. Plus, pets are welcome, making it a great option for pet owners. Whether you're a seasonal resident or a first-time buyer, this turnkey condo is ready for you to move in. Schedule your private showing today!

16. 2026-01-16
    price $109,900 1485-char remark

    Show marketing remark (1485 chars)

    Welcome to 588 Bahia Circle #A, located in the Fairways at Silver Springs Shores. This beautifully remodeled first-floor condo offers stylish comfort with modern updates throughout. The 1-bedroom, 1-bath layout features Aristo Kraft custom cabinets, granite countertops, and new tile flooring with a hardwood look. The kitchen is outfitted with a brand new stainless steel refrigerator and dishwasher, along with a range and microwave that are approximately one year old. Enjoy the bright sun porch with large glider windows and a freshly painted floor, perfect for relaxation and soaking up natural light. The unit boasts elegant lighting upgrades, including LED ceiling fixtures in the bedroom closet and entryway, recessed dimmable lights in the kitchen, and a stunning stained glass dimmable light fixture in the dining room. Additional conveniences include assigned parking and a spacious walk-in closet for all your storage needs. This condo is designed for both comfort and style, making it an ideal choice for anyone looking for a ground unit. Community amenities enhance your living experience with a refreshing pool, clubhouse, and well-maintained sidewalks. Monthly association fees cover cable TV, trash service, exterior maintenance, groundskeeping, and pool care. Plus, pets are welcome, making it a great option for pet owners. Whether you're a seasonal resident or a first-time buyer, this turnkey condo is ready for you to move in. Schedule your private showing today!

17. 2026-01-15
    status Active 1485-char remark

    Show marketing remark (1485 chars)

    Welcome to 588 Bahia Circle #A, located in the Fairways at Silver Springs Shores. This beautifully remodeled first-floor condo offers stylish comfort with modern updates throughout. The 1-bedroom, 1-bath layout features Aristo Kraft custom cabinets, granite countertops, and new tile flooring with a hardwood look. The kitchen is outfitted with a brand new stainless steel refrigerator and dishwasher, along with a range and microwave that are approximately one year old. Enjoy the bright sun porch with large glider windows and a freshly painted floor, perfect for relaxation and soaking up natural light. The unit boasts elegant lighting upgrades, including LED ceiling fixtures in the bedroom closet and entryway, recessed dimmable lights in the kitchen, and a stunning stained glass dimmable light fixture in the dining room. Additional conveniences include assigned parking and a spacious walk-in closet for all your storage needs. This condo is designed for both comfort and style, making it an ideal choice for anyone looking for a ground unit. Community amenities enhance your living experience with a refreshing pool, clubhouse, and well-maintained sidewalks. Monthly association fees cover cable TV, trash service, exterior maintenance, groundskeeping, and pool care. Plus, pets are welcome, making it a great option for pet owners. Whether you're a seasonal resident or a first-time buyer, this turnkey condo is ready for you to move in. Schedule your private showing today!

18. 2025-12-18
    status Pending 1485-char remark

    Show marketing remark (1485 chars)

    Welcome to 588 Bahia Circle #A, located in the Fairways at Silver Springs Shores. This beautifully remodeled first-floor condo offers stylish comfort with modern updates throughout. The 1-bedroom, 1-bath layout features Aristo Kraft custom cabinets, granite countertops, and new tile flooring with a hardwood look. The kitchen is outfitted with a brand new stainless steel refrigerator and dishwasher, along with a range and microwave that are approximately one year old. Enjoy the bright sun porch with large glider windows and a freshly painted floor, perfect for relaxation and soaking up natural light. The unit boasts elegant lighting upgrades, including LED ceiling fixtures in the bedroom closet and entryway, recessed dimmable lights in the kitchen, and a stunning stained glass dimmable light fixture in the dining room. Additional conveniences include assigned parking and a spacious walk-in closet for all your storage needs. This condo is designed for both comfort and style, making it an ideal choice for anyone looking for a ground unit. Community amenities enhance your living experience with a refreshing pool, clubhouse, and well-maintained sidewalks. Monthly association fees cover cable TV, trash service, exterior maintenance, groundskeeping, and pool care. Plus, pets are welcome, making it a great option for pet owners. Whether you're a seasonal resident or a first-time buyer, this turnkey condo is ready for you to move in. Schedule your private showing today!

19. 2025-10-31
    price $118,000 1485-char remark

    Show marketing remark (1485 chars)

    Welcome to 588 Bahia Circle #A, located in the Fairways at Silver Springs Shores. This beautifully remodeled first-floor condo offers stylish comfort with modern updates throughout. The 1-bedroom, 1-bath layout features Aristo Kraft custom cabinets, granite countertops, and new tile flooring with a hardwood look. The kitchen is outfitted with a brand new stainless steel refrigerator and dishwasher, along with a range and microwave that are approximately one year old. Enjoy the bright sun porch with large glider windows and a freshly painted floor, perfect for relaxation and soaking up natural light. The unit boasts elegant lighting upgrades, including LED ceiling fixtures in the bedroom closet and entryway, recessed dimmable lights in the kitchen, and a stunning stained glass dimmable light fixture in the dining room. Additional conveniences include assigned parking and a spacious walk-in closet for all your storage needs. This condo is designed for both comfort and style, making it an ideal choice for anyone looking for a ground unit. Community amenities enhance your living experience with a refreshing pool, clubhouse, and well-maintained sidewalks. Monthly association fees cover cable TV, trash service, exterior maintenance, groundskeeping, and pool care. Plus, pets are welcome, making it a great option for pet owners. Whether you're a seasonal resident or a first-time buyer, this turnkey condo is ready for you to move in. Schedule your private showing today!

20. 2025-10-16
    price $120,000 1485-char remark

    Show marketing remark (1485 chars)

    Welcome to 588 Bahia Circle #A, located in the Fairways at Silver Springs Shores. This beautifully remodeled first-floor condo offers stylish comfort with modern updates throughout. The 1-bedroom, 1-bath layout features Aristo Kraft custom cabinets, granite countertops, and new tile flooring with a hardwood look. The kitchen is outfitted with a brand new stainless steel refrigerator and dishwasher, along with a range and microwave that are approximately one year old. Enjoy the bright sun porch with large glider windows and a freshly painted floor, perfect for relaxation and soaking up natural light. The unit boasts elegant lighting upgrades, including LED ceiling fixtures in the bedroom closet and entryway, recessed dimmable lights in the kitchen, and a stunning stained glass dimmable light fixture in the dining room. Additional conveniences include assigned parking and a spacious walk-in closet for all your storage needs. This condo is designed for both comfort and style, making it an ideal choice for anyone looking for a ground unit. Community amenities enhance your living experience with a refreshing pool, clubhouse, and well-maintained sidewalks. Monthly association fees cover cable TV, trash service, exterior maintenance, groundskeeping, and pool care. Plus, pets are welcome, making it a great option for pet owners. Whether you're a seasonal resident or a first-time buyer, this turnkey condo is ready for you to move in. Schedule your private showing today!

21. 2025-10-08
    price $129,999 1485-char remark

    Show marketing remark (1485 chars)

    Welcome to 588 Bahia Circle #A, located in the Fairways at Silver Springs Shores. This beautifully remodeled first-floor condo offers stylish comfort with modern updates throughout. The 1-bedroom, 1-bath layout features Aristo Kraft custom cabinets, granite countertops, and new tile flooring with a hardwood look. The kitchen is outfitted with a brand new stainless steel refrigerator and dishwasher, along with a range and microwave that are approximately one year old. Enjoy the bright sun porch with large glider windows and a freshly painted floor, perfect for relaxation and soaking up natural light. The unit boasts elegant lighting upgrades, including LED ceiling fixtures in the bedroom closet and entryway, recessed dimmable lights in the kitchen, and a stunning stained glass dimmable light fixture in the dining room. Additional conveniences include assigned parking and a spacious walk-in closet for all your storage needs. This condo is designed for both comfort and style, making it an ideal choice for anyone looking for a ground unit. Community amenities enhance your living experience with a refreshing pool, clubhouse, and well-maintained sidewalks. Monthly association fees cover cable TV, trash service, exterior maintenance, groundskeeping, and pool care. Plus, pets are welcome, making it a great option for pet owners. Whether you're a seasonal resident or a first-time buyer, this turnkey condo is ready for you to move in. Schedule your private showing today!

22. 2025-09-09
    price $131,000 1485-char remark

    Show marketing remark (1485 chars)

    Welcome to 588 Bahia Circle #A, located in the Fairways at Silver Springs Shores. This beautifully remodeled first-floor condo offers stylish comfort with modern updates throughout. The 1-bedroom, 1-bath layout features Aristo Kraft custom cabinets, granite countertops, and new tile flooring with a hardwood look. The kitchen is outfitted with a brand new stainless steel refrigerator and dishwasher, along with a range and microwave that are approximately one year old. Enjoy the bright sun porch with large glider windows and a freshly painted floor, perfect for relaxation and soaking up natural light. The unit boasts elegant lighting upgrades, including LED ceiling fixtures in the bedroom closet and entryway, recessed dimmable lights in the kitchen, and a stunning stained glass dimmable light fixture in the dining room. Additional conveniences include assigned parking and a spacious walk-in closet for all your storage needs. This condo is designed for both comfort and style, making it an ideal choice for anyone looking for a ground unit. Community amenities enhance your living experience with a refreshing pool, clubhouse, and well-maintained sidewalks. Monthly association fees cover cable TV, trash service, exterior maintenance, groundskeeping, and pool care. Plus, pets are welcome, making it a great option for pet owners. Whether you're a seasonal resident or a first-time buyer, this turnkey condo is ready for you to move in. Schedule your private showing today!

23. 2025-07-11
    listed $132,000 Active 1485-char remark

    Show marketing remark (1485 chars)

    Welcome to 588 Bahia Circle #A, located in the Fairways at Silver Springs Shores. This beautifully remodeled first-floor condo offers stylish comfort with modern updates throughout. The 1-bedroom, 1-bath layout features Aristo Kraft custom cabinets, granite countertops, and new tile flooring with a hardwood look. The kitchen is outfitted with a brand new stainless steel refrigerator and dishwasher, along with a range and microwave that are approximately one year old. Enjoy the bright sun porch with large glider windows and a freshly painted floor, perfect for relaxation and soaking up natural light. The unit boasts elegant lighting upgrades, including LED ceiling fixtures in the bedroom closet and entryway, recessed dimmable lights in the kitchen, and a stunning stained glass dimmable light fixture in the dining room. Additional conveniences include assigned parking and a spacious walk-in closet for all your storage needs. This condo is designed for both comfort and style, making it an ideal choice for anyone looking for a ground unit. Community amenities enhance your living experience with a refreshing pool, clubhouse, and well-maintained sidewalks. Monthly association fees cover cable TV, trash service, exterior maintenance, groundskeeping, and pool care. Plus, pets are welcome, making it a great option for pet owners. Whether you're a seasonal resident or a first-time buyer, this turnkey condo is ready for you to move in. Schedule your private showing today!

24. 2024-12-03
    soldstatus $122,000
25. 2024-12-02
    soldstatus $122,000 Closed 942-char remark

    Show marketing remark (942 chars)

    One or more photo(s) has been virtually staged. Welcome to the Fairways in Silver Springs Shores. Where you will find this beautifully remodeled first floor condo in an all-aged community. As you step inside you will appreciate the attention to detail with lovely crown molding and tall baseboards and tile throughout. The kitchen is a chefs delight with newer stainless-steel appliances, dishwasher with cabinet front, granite counters and pullouts in the cabinets as well. Relax and enjoy your favorite beverage on the large, enclosed lanai. This condo offers ample storage with three storage closets and a walk-in closet in the bedroom. Located only minutes from the Silver Springs Shores Community Center where for only $5 a year you can enjoy the heated pool and fitness center along with many activities. Also, shopping, dining, golf and entertainment are all nearby. Don't delay schedule your showing today to see this beautiful condo.

26. 2024-11-13
    status Pending 942-char remark

    Show marketing remark (942 chars)

    One or more photo(s) has been virtually staged. Welcome to the Fairways in Silver Springs Shores. Where you will find this beautifully remodeled first floor condo in an all-aged community. As you step inside you will appreciate the attention to detail with lovely crown molding and tall baseboards and tile throughout. The kitchen is a chefs delight with newer stainless-steel appliances, dishwasher with cabinet front, granite counters and pullouts in the cabinets as well. Relax and enjoy your favorite beverage on the large, enclosed lanai. This condo offers ample storage with three storage closets and a walk-in closet in the bedroom. Located only minutes from the Silver Springs Shores Community Center where for only $5 a year you can enjoy the heated pool and fitness center along with many activities. Also, shopping, dining, golf and entertainment are all nearby. Don't delay schedule your showing today to see this beautiful condo.

27. 2024-10-21
    price $124,500 942-char remark

    Show marketing remark (942 chars)

    One or more photo(s) has been virtually staged. Welcome to the Fairways in Silver Springs Shores. Where you will find this beautifully remodeled first floor condo in an all-aged community. As you step inside you will appreciate the attention to detail with lovely crown molding and tall baseboards and tile throughout. The kitchen is a chefs delight with newer stainless-steel appliances, dishwasher with cabinet front, granite counters and pullouts in the cabinets as well. Relax and enjoy your favorite beverage on the large, enclosed lanai. This condo offers ample storage with three storage closets and a walk-in closet in the bedroom. Located only minutes from the Silver Springs Shores Community Center where for only $5 a year you can enjoy the heated pool and fitness center along with many activities. Also, shopping, dining, golf and entertainment are all nearby. Don't delay schedule your showing today to see this beautiful condo.

28. 2024-06-26
    price $129,900 942-char remark

    Show marketing remark (942 chars)

    One or more photo(s) has been virtually staged. Welcome to the Fairways in Silver Springs Shores. Where you will find this beautifully remodeled first floor condo in an all-aged community. As you step inside you will appreciate the attention to detail with lovely crown molding and tall baseboards and tile throughout. The kitchen is a chefs delight with newer stainless-steel appliances, dishwasher with cabinet front, granite counters and pullouts in the cabinets as well. Relax and enjoy your favorite beverage on the large, enclosed lanai. This condo offers ample storage with three storage closets and a walk-in closet in the bedroom. Located only minutes from the Silver Springs Shores Community Center where for only $5 a year you can enjoy the heated pool and fitness center along with many activities. Also, shopping, dining, golf and entertainment are all nearby. Don't delay schedule your showing today to see this beautiful condo.

29. 2024-04-21
    listed $137,000 Active 942-char remark

    Show marketing remark (942 chars)

    One or more photo(s) has been virtually staged. Welcome to the Fairways in Silver Springs Shores. Where you will find this beautifully remodeled first floor condo in an all-aged community. As you step inside you will appreciate the attention to detail with lovely crown molding and tall baseboards and tile throughout. The kitchen is a chefs delight with newer stainless-steel appliances, dishwasher with cabinet front, granite counters and pullouts in the cabinets as well. Relax and enjoy your favorite beverage on the large, enclosed lanai. This condo offers ample storage with three storage closets and a walk-in closet in the bedroom. Located only minutes from the Silver Springs Shores Community Center where for only $5 a year you can enjoy the heated pool and fitness center along with many activities. Also, shopping, dining, golf and entertainment are all nearby. Don't delay schedule your showing today to see this beautiful condo.

30. 2000-06-07
    soldstatus $24,000
31. 1997-10-01
    soldstatus $20,000
32. 1974-11-01
    soldstatus $22,850

ⓘ 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: $2,219 · $185/mo
• Projected year-2 tax: $2,219 · $185/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 4/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥108°F today · 23 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,654
• − Mortgage interest: −$6,072
• − Property taxes: −$2,219
• − Insurance: −$542
• − Repairs & maintenance: −$1,252
• − Management: −$1,252
• − HOA: −$2,820
• − Depreciation: −$3,153
• Taxable loss: −$1,657
• Est. tax savings @ 24.0%: +$398
• After-tax cash flow: $362/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: Marion
• NCES district ID: 1201260
• Math proficiency: 42% ▼ -7.00%
• Reading proficiency: 43% ▼ -4.00%
• Median HH income: $40,015
• Composite: 35.61/100
• National rank: #4890
• State rank: #61 of 73 in FL

Livability — Silver Springs Shores

• Score: 68/100
• State rank: #527
• US rank: #9854

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Silver Springs Shores, FL
• County: Marion County · 315,796 people
• City population: 34,665
• Metro: Ocala, FL
• Population (ZIP): 35,851
• Household income: $64,208
• Rent vs Own: 19.9% rent · 80.1% own
• Severe rent burden: 655.0

Population outlook (Marion County) Hauer SSP2

• Today (2025): 365,905 people
• By 2030: 376,768 · +3.0%
• By 2040: 396,555 · +8.4%
• By 2050: 412,723 · +12.8%
• By 2075: 446,090 · +21.9%
• By 2100: 436,193 · +19.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.65)
• Race & ethnicity: White 50% Hispanic / Latino 25% Black 21% Two or more races 18% Asian 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 14% Cuban 3%
• Common ancestry: Romanian 2% Iranian 1% Lithuanian 1%
• Foreign-born: 11% · Canada, Jamaica, China
• Languages at home: 78% English-only · Spanish 19% Other Indo-European 1%

Political lean MEDSL · Marion

• 2024 margin: Solid R (+31.6) · D 33.8% · R 65.5%
• 2008→2024 swing: -20.0pp toward R · 2008: -11.6pp · 2024: -31.6pp
• All cycles: 2024: R+31.6 2020: R+25.9 2016: R+26.2 2012: R+16.2 2008: R+11.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 5.93%
• Current HPI: 255.0714
• Rent YoY: ▲ 0.17%
• Metro: Ocala, 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

+378.8% since first listed

18 events — show timeline

• 2026-02-05 Price Changed $109,400 Stellar MLS as Distributed by MLS Grid
• 2026-01-16 Price Changed $109,900 Stellar MLS as Distributed by MLS Grid
• 2026-01-15 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-12-18 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-10-31 Price Changed $118,000 Stellar MLS as Distributed by MLS Grid
• 2025-10-16 Price Changed $120,000 Stellar MLS as Distributed by MLS Grid
• 2025-10-08 Price Changed $129,999 Stellar MLS as Distributed by MLS Grid
• 2025-09-09 Price Changed $131,000 Stellar MLS as Distributed by MLS Grid
• 2025-07-11 Listed $132,000 Stellar MLS as Distributed by MLS Grid
• 2024-12-03 Sold (Public Records) $122,000 Public Records
• 2024-12-02 Sold (MLS) $122,000 Stellar MLS as Distributed by MLS Grid
• 2024-11-13 Pending — Stellar MLS as Distributed by MLS Grid
• 2024-10-21 Price Changed $124,500 Stellar MLS as Distributed by MLS Grid
• 2024-06-26 Price Changed $129,900 Stellar MLS as Distributed by MLS Grid
• 2024-04-21 Listed $137,000 Stellar MLS as Distributed by MLS Grid
• 2000-06-07 Sold (Public Records) $24,000 Public Records
• 1997-10-01 Sold (Public Records) $20,000 Public Records
• 1974-11-01 Sold (Public Records) $22,850 Public Records

Property tax history

+11.2%/yr

Latest (2025): $2,219 · +151.7% YoY. Source: county tax records.