6356 Mariner Blvd · Spring Hill, FL 34609

$245,000

3 bd · 2.0 ba · 1,008 sqft · Land · 66 Days on market

Built 2026 10,000 sqft lot

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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 +11.9/30.0
• ARV discount +7.5/15.0
• Schools +4.2/10.0
• DSCR +3.5/10.0
• 1% rule +3.4/10.0
• Livability +3.2/5.0
• Condition / age +2.5/5.0
• Rent growth +1.3/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

New Construction Done Right -- 3 Bedrooms in Spring Hill. Why settle for someone else's problems when you can have a home no one has ever lived in? This 2025-built 3-BEDROOM, 2-BATHROOM home in Spring Hill is BRAND-NEW CONSTRUCTION from the ground up -- fresh finishes, modern design, and everything working exactly the way it should because nobody has touched it yet. The OPEN-CONCEPT FLOOR PLAN is designed for real life, anchored by a MODERN KITCHEN with WHITE CABINETRY, GRANITE COUNTERTOPS, and STAINLESS STEEL APPLIANCES already included. LUXURY VINYL PLANK FLOORING runs throughout -- WATERPROOF, durable, and done right down to the TALL BASEBOARDS! The PRIMARY SUITE is your private reset -- WALK-IN CLOSET, PRIVATE BATHROOM, and the same brand-new finishes carried through every inch of the home. Two additional bedrooms match the same clean, modern look. INSIDE LAUNDRY ROOM, 1-CAR GARAGE, BRAND-NEW SOD, VINYL SIDING, and a FRONT PORCH that's ready whenever you are. Here's the part that matters: everything in this home is new. The roof, the systems, the appliances -- all of it. And it's backed by a 1-YEAR HOME WARRANTY so if anything comes up in year one, you're covered. That's the kind of peace of mind a resale simply can't offer. BUILDER INCENTIVES are available too -- seller funds that can go toward an INTEREST RATE BUYDOWN and/or CLOSING COST ASSISTANCE. NO HOA. NO CDD. NO FLOOD ZONE!! Spring Hill puts you minutes from WEEKI WACHEE SPRINGS and HERNANDO BEACH, with easy access to US-19, SR-50, and the SUNCOAST PARKWAY for getting to TAMPA, CLEARWATER, or ST. PETE without the headache. Brand-new everything, backed by a warranty -- what's not to love about that?

Key facts

• New construction
• Modern kitchen
• Granite countertops

Tags

• NEW CONSTRUCTION
• OPEN-CONCEPT FLOOR PLAN
• MODERN KITCHEN
• WHITE CABINETRY
• GRANITE COUNTERTOPS
• STAINLESS STEEL APPLIANCES

Property features AI

Finance

• Other: Lot approximately 0.23 acres (80 x 125); Living area about 1008 square feet; total building area about 1250 square feet; Lot area recorded as 0 to less than 1/4 acre; Permit and builder license on file (CRC1333290)
• HOA & community: No association indicated

Exterior

• Parking: Attached garage (1 car)
• Utilities: Public water; Public sewer; Cable available
• Home design: Single family residence; One story; Under construction (projected completion: 2026-05-31); Faces west; New construction
• Construction: Vinyl siding and frame construction; Shingle roof; Slab foundation; Built by A Squared Builders
• Exterior features: Paved road access

Interior

• Kitchen: Dishwasher; Microwave; Range; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans; Eat-in kitchen; Living room/dining room combo; Open floorplan; Vaulted ceilings; Walk-in closets
• Laundry & utility: Laundry inside

🏗️ New construction. Builder plan / spec listing (the home may be to-be-built); metrics use comparable previous sales.

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath land listed at $245k.

Deal economics

• At list price, monthly cash flow is $-63 ($-755/yr) — negative.
• To cash-flow at today's rent, offer at most $236k (3.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $206k (15.8% below list).
• Recommended offer: $206k (15.8% below list) — sets the bar for 1% rule.
• Cap rate 6.0% vs local median 4.4% in Spring Hill — 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 63/100 on livability (#738 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: health & safety C-, employment D+, amenities F.
• Hernando (suburban): math 50% / reading 50% proficiency, ranked #38 of 73 in FL (top 52%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Brooksville Elementary School (math 43% / reading 42%, grade F, #1,383 of 2,144 statewide, top 65%, 652 students, 68% FRL); Central High School (math 34% / reading 44%, grade F, #312 of 667 statewide, top 48%, 1,426 students, 53% FRL).
• Market conditions: Rents falling (-4.8%/yr); 738 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 2,505 units permitted in Hernando County in 2024 (318 in 5+ unit buildings).
• This rent runs 31% of the median local income ($79k/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 $7k of value loss. Plan a longer hold.
• Hernando County population projected at +11% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 66 days — a 6% lower offer ($230k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $14k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $35k; list at $245k implies a 600% 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; moderate wildfire risk; extreme-heat days projected 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $206,357 (15.8% 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 66 days. Have you received any prior offers? Is the seller open to a 16% concession, seller financing, or rate buy-down credit?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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.
7. 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.
8. 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: 0.84% ✗
• Cap rate: 5.98%
• Cash-on-cash: -1.10%
• DSCR: 0.95
• GRM: 9.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -21.5%
• Equity multiple: 0.28×
• Total profit: $-49,724
• Equity at exit: $36,530

10-year hold

• IRR: -24.5%
• Equity multiple: -0.05×
• Total profit: $-71,704
• Equity at exit: $21,183

Cash invested: $68,600 (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 34609

• Home prices YoY: -23.2%
• Rents YoY: -4.8%
• Active inventory: 738
• Price-to-rent: 9.9×

Monthly cashflow live

• Estimated rent: $2,064 high
• Mortgage (P&I): −$1,285
• Tax est. 1.5%: −$306 /mo · $3,675/yr
• Insurance: −$102
• HOA: −$0
• Vacancy / Maint / Mgmt: −$433
• Net cashflow: $-63

Break-even live

Break-even rent $2,143

Max offer price $235,895

Occupancy floor 98%

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: $61,250
• Closing costs: $7,350
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6289 Mariner Blvd Spring Hill, FL	3.0	2.0	1212	$1,850	$1.53	18d	1	0.14mi
13186 Thrush St Spring Hill, FL	3.0	2.0	1114	$1,950	$1.75	24d	1	0.34mi
13109 Lola Dr Spring Hill, FL	2.0	2.0	1483	$4,900	$3.30	24d	1	0.38mi
13097 Scottville St Unit 1234463P Spring Hill, FL	3.0	2.0	1463	$3,890	$2.66	2d	1	0.64mi
12454 Seagate St Spring Hill, FL	3.0	2.0	1114	$1,735	$1.56	24d	1	0.68mi
7402 Eastern Circle Dr Brooksville, FL	2.0	1.0	720	$1,200	$1.67	24d	1	1.08mi
12095 Elgin Blvd Spring Hill, FL	3.0	2.0	1284	$1,849	$1.44	24d	1	1.19mi
5294 Fairhaven Ave Spring Hill, FL	2.0	2.0	1105	$1,600	$1.45	24d	1	1.37mi
5038 Ayrshire Dr Spring Hill, FL	3.0	2.0	1418	$1,850	$1.30	22d	1	1.43mi
7124 Barclay Ave Unit A Spring Hill, FL	2.0	2.0	927	$1,500	$1.62	24d	1	1.50mi
7405 Western Circle Dr Brooksville, FL	2.0	2.0	1442	$1,500	$1.04	24d	1	1.50mi

Listing history 19 events

1. 2026-06-18
   days on market $245,000 Active 66 DOM
2. 2026-06-17
   days on market $245,000 Active 65 DOM
3. 2026-06-16
   days on market $245,000 Active 64 DOM
4. 2026-06-15
   days on market $245,000 Active 63 DOM
5. 2026-06-13
   days on market $245,000 Active 61 DOM
6. 2026-06-13
   days on market $245,000 Active 60 DOM
7. 2026-06-09
   days on market $245,000 Active 57 DOM
8. 2026-06-08
   days on market $245,000 Active 56 DOM
9. 2026-06-07
   days on market $245,000 Active 55 DOM
10. 2026-06-04
    days on market $245,000 Active 52 DOM
11. 2026-06-03
    days on market $245,000 Active 51 DOM
12. 2026-06-02
    days on market $245,000 Active 50 DOM
13. 2026-06-01
    days on market $245,000 Active 49 DOM
14. 2026-05-31
    days on market $245,000 Active 48 DOM
15. 2026-04-28
    price $245,000

    Show marketing remark (1697 chars)

    New Construction Done Right -- 3 Bedrooms in Spring Hill. Why settle for someone else's problems when you can have a home no one has ever lived in? This 2025-built 3-BEDROOM, 2-BATHROOM home in Spring Hill is BRAND-NEW CONSTRUCTION from the ground up -- fresh finishes, modern design, and everything working exactly the way it should because nobody has touched it yet. The OPEN-CONCEPT FLOOR PLAN is designed for real life, anchored by a MODERN KITCHEN with WHITE CABINETRY, GRANITE COUNTERTOPS, and STAINLESS STEEL APPLIANCES already included. LUXURY VINYL PLANK FLOORING runs throughout -- WATERPROOF, durable, and done right down to the TALL BASEBOARDS! The PRIMARY SUITE is your private reset -- WALK-IN CLOSET, PRIVATE BATHROOM, and the same brand-new finishes carried through every inch of the home. Two additional bedrooms match the same clean, modern look. INSIDE LAUNDRY ROOM, 1-CAR GARAGE, BRAND-NEW SOD, VINYL SIDING, and a FRONT PORCH that's ready whenever you are. Here's the part that matters: everything in this home is new. The roof, the systems, the appliances -- all of it. And it's backed by a 1-YEAR HOME WARRANTY so if anything comes up in year one, you're covered. That's the kind of peace of mind a resale simply can't offer. BUILDER INCENTIVES are available too -- seller funds that can go toward an INTEREST RATE BUYDOWN and/or CLOSING COST ASSISTANCE. NO HOA. NO CDD. NO FLOOD ZONE!! Spring Hill puts you minutes from WEEKI WACHEE SPRINGS and HERNANDO BEACH, with easy access to US-19, SR-50, and the SUNCOAST PARKWAY for getting to TAMPA, CLEARWATER, or ST. PETE without the headache. Brand-new everything, backed by a warranty -- what's not to love about that?

16. 2026-04-28
    price $245,000 1697-char remark

    Show marketing remark (1697 chars)

    New Construction Done Right -- 3 Bedrooms in Spring Hill. Why settle for someone else's problems when you can have a home no one has ever lived in? This 2025-built 3-BEDROOM, 2-BATHROOM home in Spring Hill is BRAND-NEW CONSTRUCTION from the ground up -- fresh finishes, modern design, and everything working exactly the way it should because nobody has touched it yet. The OPEN-CONCEPT FLOOR PLAN is designed for real life, anchored by a MODERN KITCHEN with WHITE CABINETRY, GRANITE COUNTERTOPS, and STAINLESS STEEL APPLIANCES already included. LUXURY VINYL PLANK FLOORING runs throughout -- WATERPROOF, durable, and done right down to the TALL BASEBOARDS! The PRIMARY SUITE is your private reset -- WALK-IN CLOSET, PRIVATE BATHROOM, and the same brand-new finishes carried through every inch of the home. Two additional bedrooms match the same clean, modern look. INSIDE LAUNDRY ROOM, 1-CAR GARAGE, BRAND-NEW SOD, VINYL SIDING, and a FRONT PORCH that's ready whenever you are. Here's the part that matters: everything in this home is new. The roof, the systems, the appliances -- all of it. And it's backed by a 1-YEAR HOME WARRANTY so if anything comes up in year one, you're covered. That's the kind of peace of mind a resale simply can't offer. BUILDER INCENTIVES are available too -- seller funds that can go toward an INTEREST RATE BUYDOWN and/or CLOSING COST ASSISTANCE. NO HOA. NO CDD. NO FLOOD ZONE!! Spring Hill puts you minutes from WEEKI WACHEE SPRINGS and HERNANDO BEACH, with easy access to US-19, SR-50, and the SUNCOAST PARKWAY for getting to TAMPA, CLEARWATER, or ST. PETE without the headache. Brand-new everything, backed by a warranty -- what's not to love about that?

17. 2026-04-13
    listed $259,000 Active 1697-char remark

    Show marketing remark (1697 chars)

    New Construction Done Right -- 3 Bedrooms in Spring Hill. Why settle for someone else's problems when you can have a home no one has ever lived in? This 2025-built 3-BEDROOM, 2-BATHROOM home in Spring Hill is BRAND-NEW CONSTRUCTION from the ground up -- fresh finishes, modern design, and everything working exactly the way it should because nobody has touched it yet. The OPEN-CONCEPT FLOOR PLAN is designed for real life, anchored by a MODERN KITCHEN with WHITE CABINETRY, GRANITE COUNTERTOPS, and STAINLESS STEEL APPLIANCES already included. LUXURY VINYL PLANK FLOORING runs throughout -- WATERPROOF, durable, and done right down to the TALL BASEBOARDS! The PRIMARY SUITE is your private reset -- WALK-IN CLOSET, PRIVATE BATHROOM, and the same brand-new finishes carried through every inch of the home. Two additional bedrooms match the same clean, modern look. INSIDE LAUNDRY ROOM, 1-CAR GARAGE, BRAND-NEW SOD, VINYL SIDING, and a FRONT PORCH that's ready whenever you are. Here's the part that matters: everything in this home is new. The roof, the systems, the appliances -- all of it. And it's backed by a 1-YEAR HOME WARRANTY so if anything comes up in year one, you're covered. That's the kind of peace of mind a resale simply can't offer. BUILDER INCENTIVES are available too -- seller funds that can go toward an INTEREST RATE BUYDOWN and/or CLOSING COST ASSISTANCE. NO HOA. NO CDD. NO FLOOD ZONE!! Spring Hill puts you minutes from WEEKI WACHEE SPRINGS and HERNANDO BEACH, with easy access to US-19, SR-50, and the SUNCOAST PARKWAY for getting to TAMPA, CLEARWATER, or ST. PETE without the headache. Brand-new everything, backed by a warranty -- what's not to love about that?

18. 2026-04-13
    listed $259,000 Active

    Show marketing remark (1697 chars)

    New Construction Done Right -- 3 Bedrooms in Spring Hill. Why settle for someone else's problems when you can have a home no one has ever lived in? This 2025-built 3-BEDROOM, 2-BATHROOM home in Spring Hill is BRAND-NEW CONSTRUCTION from the ground up -- fresh finishes, modern design, and everything working exactly the way it should because nobody has touched it yet. The OPEN-CONCEPT FLOOR PLAN is designed for real life, anchored by a MODERN KITCHEN with WHITE CABINETRY, GRANITE COUNTERTOPS, and STAINLESS STEEL APPLIANCES already included. LUXURY VINYL PLANK FLOORING runs throughout -- WATERPROOF, durable, and done right down to the TALL BASEBOARDS! The PRIMARY SUITE is your private reset -- WALK-IN CLOSET, PRIVATE BATHROOM, and the same brand-new finishes carried through every inch of the home. Two additional bedrooms match the same clean, modern look. INSIDE LAUNDRY ROOM, 1-CAR GARAGE, BRAND-NEW SOD, VINYL SIDING, and a FRONT PORCH that's ready whenever you are. Here's the part that matters: everything in this home is new. The roof, the systems, the appliances -- all of it. And it's backed by a 1-YEAR HOME WARRANTY so if anything comes up in year one, you're covered. That's the kind of peace of mind a resale simply can't offer. BUILDER INCENTIVES are available too -- seller funds that can go toward an INTEREST RATE BUYDOWN and/or CLOSING COST ASSISTANCE. NO HOA. NO CDD. NO FLOOD ZONE!! Spring Hill puts you minutes from WEEKI WACHEE SPRINGS and HERNANDO BEACH, with easy access to US-19, SR-50, and the SUNCOAST PARKWAY for getting to TAMPA, CLEARWATER, or ST. PETE without the headache. Brand-new everything, backed by a warranty -- what's not to love about that?

19. 2025-03-10
    soldstatus $35,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 10/10 Extreme 7 d/yr ≥110°F today · 26 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: $24,763
• − Mortgage interest: −$13,724
• − Property taxes: −$3,675
• − Insurance: −$1,225
• − Repairs & maintenance: −$1,981
• − Management: −$1,981
• − Depreciation: −$7,127
• Taxable loss: −$4,950
• Est. tax savings @ 24.0%: +$1,188
• After-tax cash flow: $433/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: Hernando
• NCES district ID: 1200810
• Math proficiency: 50% ▼ -8.00%
• Reading proficiency: 50% ▼ -4.00%
• Median HH income: $41,985
• Composite: 42.03/100
• National rank: #3329
• State rank: #38 of 73 in FL

Livability — Spring Hill

• Score: 63/100
• State rank: #738
• US rank: #15937

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Spring Hill, FL
• County: Hernando County · 169,677 people
• City population: 83,915
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 47,257
• Household income: $79,442
• Rent vs Own: 16.3% rent · 83.7% own
• Severe rent burden: 663.0

Population outlook (Hernando County) Hauer SSP2

• Today (2025): 189,218 people
• By 2030: 194,367 · +2.7%
• By 2040: 203,398 · +7.5%
• By 2050: 209,589 · +10.8%
• By 2075: 218,452 · +15.4%
• By 2100: 205,923 · +8.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (65%)
• Race & ethnicity: White 65% Hispanic / Latino 22% Two or more races 13% Black 6% Asian 3%
• Hispanic origin (detail): Mexican 2% Puerto Rican 12% Cuban 3%
• Common ancestry: Romanian 4% Lithuanian 2% Slovak 1%
• Foreign-born: 11% · Canada, Jamaica, Philippines
• Languages at home: 81% English-only · Spanish 15% Other Asian/Pacific 1% Other Indo-European 1%

Political lean MEDSL · Hernando

• 2024 margin: Solid R (+37.0) · D 31.1% · R 68.2%
• 2008→2024 swing: -33.5pp toward R · 2008: -3.6pp · 2024: -37.0pp
• All cycles: 2024: R+37.0 2020: R+30.2 2016: R+29.0 2012: R+8.5 2008: R+3.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -86.49%
• Current HPI: 286.5885
• Rent YoY: ▼ -4.82%
• Metro: Tampa-St. Petersburg-Clearwater, 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

+600.0% since first listed

5 events — show timeline

• 2026-04-28 Price Changed $245,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-28 Price Changed $245,000 HCAR
• 2026-04-13 Listed $259,000 HCAR
• 2026-04-13 Listed $259,000 Stellar MLS as Distributed by MLS Grid
• 2025-03-10 Sold (Public Records) $35,000 Public Records

Property tax history

+6.7%/yr

Latest (2025): $462 · +53.9% YoY. Source: county tax records.