2014 Limpkin St · Gonzalez, FL 32533

$290,900

4 bd · 2.0 ba · 1,791 sqft · Land · 117 Days on market

Built 2026 6,263 sqft lot $162/sqft · 6% below area Est $309k · 6% under $42/mo HOA · 2% of rent ↓ 9% since listing

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Why this score? — see what drove the F 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).

• ARV discount +10.1/15.0
• Cash flow +7.8/30.0
• Schools +3.6/10.0
• Livability +3.6/5.0
• 1% rule +2.5/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +1.9/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 2014 Limpkin St in the new Sanctuary community! Step inside the Cali plan, a stunning 4 bed, 2 bath home. As you enter, you'll be greeted by three guest bedrooms, each boasting spacious closets. Moving towards the back of the house, you'll discover a captivating open concept kitchen and living room area. The kitchen features a stylish island with beautiful countertops, a generous pantry, and sleek stainless-steel appliances. Bedroom 1 is conveniently located just off the living area and offers a luxurious bathroom with a roomy walk-in closet. The interior of this home is adorned with beautiful LVP flooring throughout, complemented by cozy carpeting in the bedrooms. Additionally, it includes a Smart Home Technology package for enhanced modern convenience. Future homeowners will enjoy exceptional community amenities including a sparkling pool, relaxing cabana, and a grilling area.

Key facts

• Open concept kitchen
• Generous pantry
• Stylish island

Tags

• OPEN CONCEPT KITCHEN
• STYLISH ISLAND
• GENEROUS PANTRY
• LUXURIOUS BATHROOM
• ROOMY WALK IN CLOSET
• LVP FLOORING

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath land listed at $291k.

Deal economics

• At list price, monthly cash flow is $-319 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $245k (15.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $219k (24.6% below list).
• Recommended offer: $219k (24.6% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 71/100 on livability (#385 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, employment A; Watch: amenities F, commute F, health & safety F.
• Escambia (suburban): math 40% / reading 45% proficiency, ranked #56 of 73 in FL (top 77%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 513 active listings in the ZIP; solid renter incomes; 1,479 units permitted in Escambia County in 2024 (0 in 5+ unit buildings).
• This rent runs 31% of the median local income ($86k/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 $9k of value loss. Plan a longer hold.
• Escambia County population projected at +13% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 117 days — a 9% lower offer ($265k) is reasonable based on typical stale-listing flexibility.

Recommended offer $219,457 (24.6% 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 117 days. Have you received any prior offers? Is the seller open to a 25% 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. 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. 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.
8. 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.
9. 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: 0.75% ✗
• Cap rate: 4.98%
• Cash-on-cash: -4.69%
• DSCR: 0.79
• GRM: 11.0

CMA / ARV

• ARV (median comp): $308,900
• List price: $290,900
• Delta: -5.83%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: -24.2%
• Equity multiple: 0.17×
• Total profit: $-67,373
• Equity at exit: $43,374

10-year hold

• IRR: -19.5%
• Equity multiple: -0.04×
• Total profit: $-84,560
• Equity at exit: $25,152

Cash invested: $81,452 (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 32533

• Home prices YoY: -14.6%
• Active inventory: 513
• Price-to-rent: 11.0×

Monthly cashflow live

• Estimated rent: $2,195 medium
• Mortgage (P&I): −$1,526
• Tax est. 1.5%: −$364 /mo · $4,364/yr
• Insurance: −$121
• HOA: −$42
• Vacancy / Maint / Mgmt: −$461
• Net cashflow: $-319

Break-even live

Break-even rent $2,598

Max offer price $244,793

Occupancy floor —

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: $72,725
• Closing costs: $8,727
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $42 · $504/yr
• Likely covers: pool

Listing history 13 events

1. 2026-05-18
   status Pending 902-char remark

   Show marketing remark (902 chars)

   Welcome to 2014 Limpkin St in the new Sanctuary community! Step inside the Cali plan, a stunning 4 bed, 2 bath home. As you enter, you'll be greeted by three guest bedrooms, each boasting spacious closets. Moving towards the back of the house, you'll discover a captivating open concept kitchen and living room area. The kitchen features a stylish island with beautiful countertops, a generous pantry, and sleek stainless-steel appliances. Bedroom 1 is conveniently located just off the living area and offers a luxurious bathroom with a roomy walk-in closet. The interior of this home is adorned with beautiful LVP flooring throughout, complemented by cozy carpeting in the bedrooms. Additionally, it includes a Smart Home Technology package for enhanced modern convenience. Future homeowners will enjoy exceptional community amenities including a sparkling pool, relaxing cabana, and a grilling area.

2. 2026-05-12
   price $290,900 902-char remark

   Show marketing remark (902 chars)

   Welcome to 2014 Limpkin St in the new Sanctuary community! Step inside the Cali plan, a stunning 4 bed, 2 bath home. As you enter, you'll be greeted by three guest bedrooms, each boasting spacious closets. Moving towards the back of the house, you'll discover a captivating open concept kitchen and living room area. The kitchen features a stylish island with beautiful countertops, a generous pantry, and sleek stainless-steel appliances. Bedroom 1 is conveniently located just off the living area and offers a luxurious bathroom with a roomy walk-in closet. The interior of this home is adorned with beautiful LVP flooring throughout, complemented by cozy carpeting in the bedrooms. Additionally, it includes a Smart Home Technology package for enhanced modern convenience. Future homeowners will enjoy exceptional community amenities including a sparkling pool, relaxing cabana, and a grilling area.

3. 2026-05-08
   price $292,900 902-char remark

   Show marketing remark (902 chars)

   Welcome to 2014 Limpkin St in the new Sanctuary community! Step inside the Cali plan, a stunning 4 bed, 2 bath home. As you enter, you'll be greeted by three guest bedrooms, each boasting spacious closets. Moving towards the back of the house, you'll discover a captivating open concept kitchen and living room area. The kitchen features a stylish island with beautiful countertops, a generous pantry, and sleek stainless-steel appliances. Bedroom 1 is conveniently located just off the living area and offers a luxurious bathroom with a roomy walk-in closet. The interior of this home is adorned with beautiful LVP flooring throughout, complemented by cozy carpeting in the bedrooms. Additionally, it includes a Smart Home Technology package for enhanced modern convenience. Future homeowners will enjoy exceptional community amenities including a sparkling pool, relaxing cabana, and a grilling area.

4. 2026-05-05
   price $294,900 902-char remark

   Show marketing remark (902 chars)

   Welcome to 2014 Limpkin St in the new Sanctuary community! Step inside the Cali plan, a stunning 4 bed, 2 bath home. As you enter, you'll be greeted by three guest bedrooms, each boasting spacious closets. Moving towards the back of the house, you'll discover a captivating open concept kitchen and living room area. The kitchen features a stylish island with beautiful countertops, a generous pantry, and sleek stainless-steel appliances. Bedroom 1 is conveniently located just off the living area and offers a luxurious bathroom with a roomy walk-in closet. The interior of this home is adorned with beautiful LVP flooring throughout, complemented by cozy carpeting in the bedrooms. Additionally, it includes a Smart Home Technology package for enhanced modern convenience. Future homeowners will enjoy exceptional community amenities including a sparkling pool, relaxing cabana, and a grilling area.

5. 2026-05-01
   price $297,900 902-char remark

   Show marketing remark (902 chars)

   Welcome to 2014 Limpkin St in the new Sanctuary community! Step inside the Cali plan, a stunning 4 bed, 2 bath home. As you enter, you'll be greeted by three guest bedrooms, each boasting spacious closets. Moving towards the back of the house, you'll discover a captivating open concept kitchen and living room area. The kitchen features a stylish island with beautiful countertops, a generous pantry, and sleek stainless-steel appliances. Bedroom 1 is conveniently located just off the living area and offers a luxurious bathroom with a roomy walk-in closet. The interior of this home is adorned with beautiful LVP flooring throughout, complemented by cozy carpeting in the bedrooms. Additionally, it includes a Smart Home Technology package for enhanced modern convenience. Future homeowners will enjoy exceptional community amenities including a sparkling pool, relaxing cabana, and a grilling area.

6. 2026-04-24
   price $299,900 902-char remark

   Show marketing remark (902 chars)

   Welcome to 2014 Limpkin St in the new Sanctuary community! Step inside the Cali plan, a stunning 4 bed, 2 bath home. As you enter, you'll be greeted by three guest bedrooms, each boasting spacious closets. Moving towards the back of the house, you'll discover a captivating open concept kitchen and living room area. The kitchen features a stylish island with beautiful countertops, a generous pantry, and sleek stainless-steel appliances. Bedroom 1 is conveniently located just off the living area and offers a luxurious bathroom with a roomy walk-in closet. The interior of this home is adorned with beautiful LVP flooring throughout, complemented by cozy carpeting in the bedrooms. Additionally, it includes a Smart Home Technology package for enhanced modern convenience. Future homeowners will enjoy exceptional community amenities including a sparkling pool, relaxing cabana, and a grilling area.

7. 2026-03-30
   price $301,900 902-char remark

   Show marketing remark (902 chars)

   Welcome to 2014 Limpkin St in the new Sanctuary community! Step inside the Cali plan, a stunning 4 bed, 2 bath home. As you enter, you'll be greeted by three guest bedrooms, each boasting spacious closets. Moving towards the back of the house, you'll discover a captivating open concept kitchen and living room area. The kitchen features a stylish island with beautiful countertops, a generous pantry, and sleek stainless-steel appliances. Bedroom 1 is conveniently located just off the living area and offers a luxurious bathroom with a roomy walk-in closet. The interior of this home is adorned with beautiful LVP flooring throughout, complemented by cozy carpeting in the bedrooms. Additionally, it includes a Smart Home Technology package for enhanced modern convenience. Future homeowners will enjoy exceptional community amenities including a sparkling pool, relaxing cabana, and a grilling area.

8. 2026-03-26
   price $299,900 902-char remark

   Show marketing remark (902 chars)

   Welcome to 2014 Limpkin St in the new Sanctuary community! Step inside the Cali plan, a stunning 4 bed, 2 bath home. As you enter, you'll be greeted by three guest bedrooms, each boasting spacious closets. Moving towards the back of the house, you'll discover a captivating open concept kitchen and living room area. The kitchen features a stylish island with beautiful countertops, a generous pantry, and sleek stainless-steel appliances. Bedroom 1 is conveniently located just off the living area and offers a luxurious bathroom with a roomy walk-in closet. The interior of this home is adorned with beautiful LVP flooring throughout, complemented by cozy carpeting in the bedrooms. Additionally, it includes a Smart Home Technology package for enhanced modern convenience. Future homeowners will enjoy exceptional community amenities including a sparkling pool, relaxing cabana, and a grilling area.

9. 2026-03-13
   price $307,900 902-char remark

   Show marketing remark (902 chars)

   Welcome to 2014 Limpkin St in the new Sanctuary community! Step inside the Cali plan, a stunning 4 bed, 2 bath home. As you enter, you'll be greeted by three guest bedrooms, each boasting spacious closets. Moving towards the back of the house, you'll discover a captivating open concept kitchen and living room area. The kitchen features a stylish island with beautiful countertops, a generous pantry, and sleek stainless-steel appliances. Bedroom 1 is conveniently located just off the living area and offers a luxurious bathroom with a roomy walk-in closet. The interior of this home is adorned with beautiful LVP flooring throughout, complemented by cozy carpeting in the bedrooms. Additionally, it includes a Smart Home Technology package for enhanced modern convenience. Future homeowners will enjoy exceptional community amenities including a sparkling pool, relaxing cabana, and a grilling area.

10. 2026-03-11
    price $304,900 902-char remark

    Show marketing remark (902 chars)

    Welcome to 2014 Limpkin St in the new Sanctuary community! Step inside the Cali plan, a stunning 4 bed, 2 bath home. As you enter, you'll be greeted by three guest bedrooms, each boasting spacious closets. Moving towards the back of the house, you'll discover a captivating open concept kitchen and living room area. The kitchen features a stylish island with beautiful countertops, a generous pantry, and sleek stainless-steel appliances. Bedroom 1 is conveniently located just off the living area and offers a luxurious bathroom with a roomy walk-in closet. The interior of this home is adorned with beautiful LVP flooring throughout, complemented by cozy carpeting in the bedrooms. Additionally, it includes a Smart Home Technology package for enhanced modern convenience. Future homeowners will enjoy exceptional community amenities including a sparkling pool, relaxing cabana, and a grilling area.

11. 2026-02-18
    price $319,900 902-char remark

    Show marketing remark (902 chars)

    Welcome to 2014 Limpkin St in the new Sanctuary community! Step inside the Cali plan, a stunning 4 bed, 2 bath home. As you enter, you'll be greeted by three guest bedrooms, each boasting spacious closets. Moving towards the back of the house, you'll discover a captivating open concept kitchen and living room area. The kitchen features a stylish island with beautiful countertops, a generous pantry, and sleek stainless-steel appliances. Bedroom 1 is conveniently located just off the living area and offers a luxurious bathroom with a roomy walk-in closet. The interior of this home is adorned with beautiful LVP flooring throughout, complemented by cozy carpeting in the bedrooms. Additionally, it includes a Smart Home Technology package for enhanced modern convenience. Future homeowners will enjoy exceptional community amenities including a sparkling pool, relaxing cabana, and a grilling area.

12. 2026-01-30
    price $322,900 902-char remark

    Show marketing remark (902 chars)

    Welcome to 2014 Limpkin St in the new Sanctuary community! Step inside the Cali plan, a stunning 4 bed, 2 bath home. As you enter, you'll be greeted by three guest bedrooms, each boasting spacious closets. Moving towards the back of the house, you'll discover a captivating open concept kitchen and living room area. The kitchen features a stylish island with beautiful countertops, a generous pantry, and sleek stainless-steel appliances. Bedroom 1 is conveniently located just off the living area and offers a luxurious bathroom with a roomy walk-in closet. The interior of this home is adorned with beautiful LVP flooring throughout, complemented by cozy carpeting in the bedrooms. Additionally, it includes a Smart Home Technology package for enhanced modern convenience. Future homeowners will enjoy exceptional community amenities including a sparkling pool, relaxing cabana, and a grilling area.

13. 2026-01-21
    listed $319,900 Active 902-char remark

    Show marketing remark (902 chars)

    Welcome to 2014 Limpkin St in the new Sanctuary community! Step inside the Cali plan, a stunning 4 bed, 2 bath home. As you enter, you'll be greeted by three guest bedrooms, each boasting spacious closets. Moving towards the back of the house, you'll discover a captivating open concept kitchen and living room area. The kitchen features a stylish island with beautiful countertops, a generous pantry, and sleek stainless-steel appliances. Bedroom 1 is conveniently located just off the living area and offers a luxurious bathroom with a roomy walk-in closet. The interior of this home is adorned with beautiful LVP flooring throughout, complemented by cozy carpeting in the bedrooms. Additionally, it includes a Smart Home Technology package for enhanced modern convenience. Future homeowners will enjoy exceptional community amenities including a sparkling pool, relaxing cabana, and a grilling area.

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

Taxation est. · year 1

• Rental income: $26,335
• − Mortgage interest: −$16,295
• − Property taxes: −$4,364
• − Insurance: −$1,454
• − Repairs & maintenance: −$2,107
• − Management: −$2,107
• − HOA: −$504
• − Depreciation: −$8,463
• Taxable loss: −$8,958
• Est. tax savings @ 24.0%: +$2,150
• After-tax cash flow: $-1,674/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: Escambia
• NCES district ID: 1200510
• Math proficiency: 40% ▼ -9.00%
• Reading proficiency: 45% ▼ -4.00%
• Median HH income: $44,649
• Composite: 36.04/100
• National rank: #4773
• State rank: #56 of 73 in FL

Livability — Gonzalez

• Score: 71/100
• State rank: #385
• US rank: #6813

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Escambia County · 301,722 people
• Metro: Pensacola-Ferry Pass-Brent, FL
• Population (ZIP): 31,860
• Household income: $86,087
• Rent vs Own: 15.4% rent · 84.6% own
• Severe rent burden: 389.0

Population outlook (Escambia County) Hauer SSP2

• Today (2025): 334,637 people
• By 2030: 345,779 · +3.3%
• By 2040: 364,828 · +9.0%
• By 2050: 378,514 · +13.1%
• By 2075: 403,220 · +20.5%
• By 2100: 386,125 · +15.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (74%)
• Race & ethnicity: White 74% Black 12% Two or more races 8% Hispanic / Latino 4% Asian 3%
• Common ancestry: Italian 2% Serbian 2% Lithuanian 2%
• Foreign-born: 3% · Canada, Guatemala, China
• Languages at home: 96% English-only · Spanish 2% Vietnamese 1%

Political lean MEDSL · Escambia

• 2024 margin: R (+19.5) · D 39.7% · R 59.2% · Other 1.1%
• 2008→2024 swing: -0.2pp no change · 2008: -19.3pp · 2024: -19.5pp
• All cycles: 2024: R+19.5 2020: R+15.1 2016: R+20.6 2012: R+20.6 2008: R+19.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -44.13%
• Current HPI: 259.2605
• Rent YoY: —
• Metro: Pensacola-Ferry Pass-Brent, 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

-9.1% since first listed

13 events — show timeline

• 2026-05-18 Pending — PARMLS
• 2026-05-12 Price Changed $290,900 PARMLS
• 2026-05-08 Price Changed $292,900 PARMLS
• 2026-05-05 Price Changed $294,900 PARMLS
• 2026-05-01 Price Changed $297,900 PARMLS
• 2026-04-24 Price Changed $299,900 PARMLS
• 2026-03-30 Price Changed $301,900 PARMLS
• 2026-03-26 Price Changed $299,900 PARMLS
• 2026-03-13 Price Changed $307,900 PARMLS
• 2026-03-11 Price Changed $304,900 PARMLS
• 2026-02-18 Price Changed $319,900 PARMLS
• 2026-01-30 Price Changed $322,900 PARMLS
• 2026-01-21 Listed $319,900 PARMLS