201 N Golf Harbor Path · Inverness, FL 34450

$324,900

2 bd · 2.0 ba · 1,790 sqft · Condo public records · 52 Days on market

Built 2005 $200/mo HOA · 6% of rent

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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 +19.0/30.0
• ARV discount +7.5/15.0
• DSCR +6.0/10.0
• 1% rule +4.8/10.0
• Schools +4.1/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Situated on Golf Harbor Path in the Moorings, this 2 bedroom, 2 bathroom home offers just under 1,800 square feet of comfortable living space, along with a 2 car garage and a versatile bonus room that can easily serve as a third bedroom, home office, or hobby space. Inside, the open layout and volume ceilings create an airy, welcoming feel. The kitchen overlooks the main living area, making it easy to stay connected, and features beautiful granite countertops, ample cabinetry, and a cozy eat in dining space. The primary bedroom is well sized and includes a dual sink vanity, walk in shower, and sliding glass doors that lead directly out to the patio. The enclosed lanai extends your living space, with sliding vinyl windows that let you enjoy fresh air on cooler days or keep things comfortable when needed. Just beyond, the paver patio, added in 2019, offers a great setting for morning coffee or casual entertaining. A 2022 HVAC system adds peace of mind. Living in the Moorings means enjoying a low maintenance lifestyle with cable and WiFi, lawn care, trash and yard waste pickup, plus access to community amenities including a golf course, pool, boat launch with storage, shuffleboard courts, and well kept common areas. Conveniently located near downtown Inverness, the Withlacoochee State Trail, local lakes, medical facilities, shopping, dining, and I-75, this home is also right down the road of the recently renovated Zen Woods Golf Course. With its flexible layout, thoughtful updates, and convenient location, this home is ready for its next owner.

Key facts

• Community amenities
• 2022 hvac system
• Versatile bonus room

Tags

• VERSATILE BONUS ROOM
• GRANITE COUNTERTOPS
• ENCLOSED LANAI
• PAVER PATIO
• 2022 HVAC SYSTEM
• COMMUNITY AMENITIES

Property features AI

Finance

• Other: Homestead exempt; Zoning: PDR
• Financial info: Total monthly fees $200; Total annual fees $2,400; Lease restrictions apply
• HOA & community: Has HOA (Vine Mgmt) with required approval; Monthly HOA $200; Association amenities include cable TV, pool, internet, grounds maintenance, recreational facilities, trash; Community features: golf, pool, sidewalks; Pets allowed

Exterior

• Parking: Attached 2-car garage
• Utilities: Public water; Public sewer; Electricity connected; Cable available; BB/HS Internet available; Water connected; Sewer connected
• Home design: Single family residence; One story; East-facing
• Construction: Concrete and vinyl siding construction; Shingle roof; Block and slab foundation; Built as completed (existing)
• Exterior features: Enclosed patio/porch; Rain gutters; Sliding doors; Canal water view with freshwater canal access; Cleared, level and paved lot; Trees and landscaped yard; Public maintained paved road

Interior

• Kitchen: Dishwasher; Range; Microwave; Refrigerator; Stone counters; Eat-in kitchen
• Bedrooms: 2 bedrooms (one level)
• Flooring: Carpet; Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Heat pump; Central air
• Interior features: Ceiling fans; Eat-in kitchen; Stone counters; Thermostat; Vaulted ceilings; Skylights; Blinds; Den/Library/Office; Florida room
• Laundry & utility: Washer; Dryer; Inside laundry room

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $325k.

Deal economics

• At list price, monthly cash flow is $336 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $320k (1.5% below list).
• Recommended offer: $315k (3.0% below list) — sets the bar for market timing.
• Cap rate 7.5% vs local median 4.9% in Inverness — 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 (#564 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing 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: Inverness Primary School (math 54% / reading 55%, grade C, #892 of 2,144 statewide, top 44%, 683 students, 65% FRL); Inverness Middle School (math 52% / reading 48%, grade C, #254 of 571 statewide, top 45%, 1,017 students, 60% FRL); Citrus High School (math 34% / reading 51%, grade F, #264 of 667 statewide, top 41%, 1,503 students, 54% FRL) — zoned schools at 60% FRL track the district average.
• Market conditions: 210 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 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 $2k of loan paydown is wiped out by about $10k 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.

Negotiation context

• It's been on market 52 days — a 3% lower offer ($315k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $150k; list at $325k implies a 117% 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→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $315,153 (3.0% below list)

Questions for the listing agent

1. It's been on market 52 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. 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?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
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. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
8. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
9. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
10. 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.
11. 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.
12. 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: 0.98% ✗
• Cap rate: 7.54%
• Cash-on-cash: 4.44%
• DSCR: 1.20
• GRM: 8.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: -9.4%
• Equity multiple: 0.66×
• Total profit: $-31,206
• Equity at exit: $48,444

10-year hold

• IRR: 0.1%
• Equity multiple: 1.01×
• Total profit: $478
• Equity at exit: $28,091

Cash invested: $90,972 (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 34450

• Home prices YoY: -18.7%
• Active inventory: 210
• Price-to-rent: 8.5×

Monthly cashflow live

• Estimated rent: $3,200 medium
• Mortgage (P&I): −$1,704
• Tax from tax record: −$152 /mo · $1,829/yr
• Insurance: −$135
• HOA: −$200
• Vacancy / Maint / Mgmt: −$672
• Net cashflow: $336

Break-even live

Break-even rent $2,774

Max offer price $324,900

Occupancy floor 84%

Sensitivity live

Price	-10% $520	-5% $428	+0% $336	+5% $244	+10% $152
Rent	-10% $84	-5% $210	+0% $336	+5% $463	+10% $589
Rate	-1.0pp $500	-0.5pp $419	base $336	+0.5pp $252	+1.0pp $167

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: $81,225
• Closing costs: $9,747
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
8515 E Gospel Island Rd Inverness, FL	3.0	2.0	1585	$3,200	$2.02	22d	1	1.42mi

HOA detail condo

• Monthly dues: $200 · $2,400/yr
• Likely covers: trashinternetcablelandscapingpool
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 21 events

1. 2026-06-21
   days on market $324,900 Active 52 DOM
2. 2026-06-19
   days on market $324,900 Active 50 DOM
3. 2026-06-18
   days on market $324,900 Active 49 DOM
4. 2026-06-17
   days on market $324,900 Active 48 DOM
5. 2026-06-16
   days on market $324,900 Active 47 DOM
6. 2026-06-15
   days on market $324,900 Active 46 DOM
7. 2026-06-14
   days on market $324,900 Active 44 DOM
8. 2026-06-13
   days on market $324,900 Active 43 DOM
9. 2026-06-09
   days on market $324,900 Active 40 DOM
10. 2026-06-08
    days on market $324,900 Active 39 DOM
11. 2026-06-07
    days on market $324,900 Active 38 DOM
12. 2026-06-03
    days on market $324,900 Active 34 DOM
13. 2026-06-02
    days on market $324,900 Active 33 DOM
14. 2026-06-01
    days on market $324,900 Active 32 DOM
15. 2026-05-31
    days on market $324,900 Active 31 DOM
16. 2026-05-30
    days on market $324,900 Active 30 DOM
17. 2026-05-19
    price $324,900 1567-char remark

    Show marketing remark (1567 chars)

    Situated on Golf Harbor Path in the Moorings, this 2 bedroom, 2 bathroom home offers just under 1,800 square feet of comfortable living space, along with a 2 car garage and a versatile bonus room that can easily serve as a third bedroom, home office, or hobby space. Inside, the open layout and volume ceilings create an airy, welcoming feel. The kitchen overlooks the main living area, making it easy to stay connected, and features beautiful granite countertops, ample cabinetry, and a cozy eat in dining space. The primary bedroom is well sized and includes a dual sink vanity, walk in shower, and sliding glass doors that lead directly out to the patio. The enclosed lanai extends your living space, with sliding vinyl windows that let you enjoy fresh air on cooler days or keep things comfortable when needed. Just beyond, the paver patio, added in 2019, offers a great setting for morning coffee or casual entertaining. A 2022 HVAC system adds peace of mind. Living in the Moorings means enjoying a low maintenance lifestyle with cable and WiFi, lawn care, trash and yard waste pickup, plus access to community amenities including a golf course, pool, boat launch with storage, shuffleboard courts, and well kept common areas. Conveniently located near downtown Inverness, the Withlacoochee State Trail, local lakes, medical facilities, shopping, dining, and I-75, this home is also right down the road of the recently renovated Zen Woods Golf Course. With its flexible layout, thoughtful updates, and convenient location, this home is ready for its next owner.

18. 2026-05-19
    price $324,900

    Show marketing remark (1567 chars)

    Situated on Golf Harbor Path in the Moorings, this 2 bedroom, 2 bathroom home offers just under 1,800 square feet of comfortable living space, along with a 2 car garage and a versatile bonus room that can easily serve as a third bedroom, home office, or hobby space. Inside, the open layout and volume ceilings create an airy, welcoming feel. The kitchen overlooks the main living area, making it easy to stay connected, and features beautiful granite countertops, ample cabinetry, and a cozy eat in dining space. The primary bedroom is well sized and includes a dual sink vanity, walk in shower, and sliding glass doors that lead directly out to the patio. The enclosed lanai extends your living space, with sliding vinyl windows that let you enjoy fresh air on cooler days or keep things comfortable when needed. Just beyond, the paver patio, added in 2019, offers a great setting for morning coffee or casual entertaining. A 2022 HVAC system adds peace of mind. Living in the Moorings means enjoying a low maintenance lifestyle with cable and WiFi, lawn care, trash and yard waste pickup, plus access to community amenities including a golf course, pool, boat launch with storage, shuffleboard courts, and well kept common areas. Conveniently located near downtown Inverness, the Withlacoochee State Trail, local lakes, medical facilities, shopping, dining, and I-75, this home is also right down the road of the recently renovated Zen Woods Golf Course. With its flexible layout, thoughtful updates, and convenient location, this home is ready for its next owner.

19. 2026-04-30
    listed $329,000 Active 1567-char remark

    Show marketing remark (1567 chars)

    Situated on Golf Harbor Path in the Moorings, this 2 bedroom, 2 bathroom home offers just under 1,800 square feet of comfortable living space, along with a 2 car garage and a versatile bonus room that can easily serve as a third bedroom, home office, or hobby space. Inside, the open layout and volume ceilings create an airy, welcoming feel. The kitchen overlooks the main living area, making it easy to stay connected, and features beautiful granite countertops, ample cabinetry, and a cozy eat in dining space. The primary bedroom is well sized and includes a dual sink vanity, walk in shower, and sliding glass doors that lead directly out to the patio. The enclosed lanai extends your living space, with sliding vinyl windows that let you enjoy fresh air on cooler days or keep things comfortable when needed. Just beyond, the paver patio, added in 2019, offers a great setting for morning coffee or casual entertaining. A 2022 HVAC system adds peace of mind. Living in the Moorings means enjoying a low maintenance lifestyle with cable and WiFi, lawn care, trash and yard waste pickup, plus access to community amenities including a golf course, pool, boat launch with storage, shuffleboard courts, and well kept common areas. Conveniently located near downtown Inverness, the Withlacoochee State Trail, local lakes, medical facilities, shopping, dining, and I-75, this home is also right down the road of the recently renovated Zen Woods Golf Course. With its flexible layout, thoughtful updates, and convenient location, this home is ready for its next owner.

20. 2026-04-30
    listed $329,000 Active

    Show marketing remark (1567 chars)

    Situated on Golf Harbor Path in the Moorings, this 2 bedroom, 2 bathroom home offers just under 1,800 square feet of comfortable living space, along with a 2 car garage and a versatile bonus room that can easily serve as a third bedroom, home office, or hobby space. Inside, the open layout and volume ceilings create an airy, welcoming feel. The kitchen overlooks the main living area, making it easy to stay connected, and features beautiful granite countertops, ample cabinetry, and a cozy eat in dining space. The primary bedroom is well sized and includes a dual sink vanity, walk in shower, and sliding glass doors that lead directly out to the patio. The enclosed lanai extends your living space, with sliding vinyl windows that let you enjoy fresh air on cooler days or keep things comfortable when needed. Just beyond, the paver patio, added in 2019, offers a great setting for morning coffee or casual entertaining. A 2022 HVAC system adds peace of mind. Living in the Moorings means enjoying a low maintenance lifestyle with cable and WiFi, lawn care, trash and yard waste pickup, plus access to community amenities including a golf course, pool, boat launch with storage, shuffleboard courts, and well kept common areas. Conveniently located near downtown Inverness, the Withlacoochee State Trail, local lakes, medical facilities, shopping, dining, and I-75, this home is also right down the road of the recently renovated Zen Woods Golf Course. With its flexible layout, thoughtful updates, and convenient location, this home is ready for its next owner.

21. 2017-08-25
    soldstatus $150,000

ⓘ 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: $1,829 · $152/mo
• Projected year-2 tax: $2,697 · $225/mo
• Expected delta: +$868/yr (+$72/mo · 47.5%)

ⓘ 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 6/10 Major
• 🌡 Heat 9/10 Extreme 7 d/yr ≥107°F today · 24 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: $38,400
• − Mortgage interest: −$18,199
• − Property taxes: −$1,829
• − Insurance: −$1,624
• − Repairs & maintenance: −$3,072
• − Management: −$3,072
• − HOA: −$2,400
• − Depreciation: −$9,452
• Taxable loss: −$1,248
• Est. tax savings @ 24.0%: +$300
• After-tax cash flow: $4,337/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 — Inverness

• Score: 67/100
• State rank: #564
• US rank: #10791

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• City population: 10,621
• Population (ZIP): 10,408

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 (81%)
• Race & ethnicity: White 81% Two or more races 10% Hispanic / Latino 8% Asian 3% Black 1%
• Hispanic origin (detail): Mexican 3% Puerto Rican 3%
• Common ancestry: Romanian 4% Slovak 3% Lithuanian 2%
• Foreign-born: 8% · Canada
• Languages at home: 90% English-only · Spanish 4% Other Indo-European 3% Tagalog/Filipino 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: ▼ -72.56%
• Current HPI: 315.9725
• 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
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+116.6% since first listed

5 events — show timeline

• 2026-05-19 Price Changed $324,900 RACC
• 2026-05-19 Price Changed $324,900 Stellar MLS as Distributed by MLS Grid
• 2026-04-30 Listed $329,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-30 Listed $329,000 RACC
• 2017-08-25 Sold (Public Records) $150,000 Public Records

Property tax history

+4.3%/yr

Latest (2025): $1,829 · +1.7% YoY. Source: county tax records.