762 Temple Ave · Orange City, FL 32763

$235,000

2 bd · 1.5 ba · 864 sqft · SingleFamily public records · 37 Days on market

Built 1951 10,050 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 +12.4/30.0
• ARV discount +7.5/15.0
• Schools +3.9/10.0
• Rent growth +3.8/5.0
• DSCR +3.7/10.0
• Livability +3.6/5.0
• 1% rule +2.9/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Come check out this great home in a quiet neighborhood. Close to schools and shopping. Recently remodeled kitchen.

Key facts

• 0.23 acre lot
• Parking
• Built 1951

Property features AI

Finance

• Other: Homestead exempt; No CDD; Unfurnished
• HOA & community: No HOA association indicated; Development: Camellia Park

Exterior

• Parking: Carport with 1 space
• Utilities: Public water; Septic tank sewer; Cable available; Electricity available; Water available
• Home design: Single family residence; Residential property; One story; Faces north
• Construction: Block and concrete construction; Shingle roof; Slab foundation; Built on a 0.23-acre lot
• Exterior features: Private mailbox; Storage; Wood fencing; Asphalt road frontage

Interior

• Kitchen: Dishwasher; Range; Refrigerator; Wine refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Terrazzo
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Natural gas heating; Central air conditioning
• Interior features: Ceiling fans; Walk-in closet(s); Bonus room; Total of 4 rooms
• Laundry & utility: Washer hookup; Dryer hookup; Gas dryer hookup; Laundry closet

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath single-family listed at $235k.

Deal economics

• At list price, monthly cash flow is $-37 ($-440/yr) — negative.
• To cash-flow at today's rent, offer at most $229k (2.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $185k (21.2% below list).
• Recommended offer: $185k (21.2% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 71/100 on livability (#406 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment D+, amenities F, commute F.
• Volusia (suburban): math 44% / reading 49% proficiency, ranked #47 of 73 in FL (top 64%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Orange City Elementary School (math 35% / reading 43%, grade F, #1,560 of 2,144 statewide, top 73%, 615 students, 68% FRL); University High School (math 28% / reading 46%, grade F, #340 of 667 statewide, top 52%, 2,901 students, 49% FRL).
• Market conditions: Rents rising fast (+5.2%/yr); 243 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 3,402 units permitted in Volusia County in 2024 (681 in 5+ unit buildings).
• This rent runs 33% of the median local income ($67k/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.
• Volusia County population projected at +19% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 37 days — a 3% lower offer ($228k) is reasonable based on typical stale-listing flexibility.
• 11 sale attempts since 20y ago 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.

Risks & watch-outs

• Watch-outs: built in 1951 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $185,260 (21.2% 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 37 days. Have you received any prior offers? Is the seller open to a 21% concession, seller financing, or rate buy-down credit?
3. Built in 1951 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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: 0.79% ✗
• Cap rate: 6.11%
• Cash-on-cash: -0.67%
• DSCR: 0.97
• GRM: 10.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 5.22% rent growth · sell at horizon

5-year hold

• IRR: -15.2%
• Equity multiple: 0.45×
• Total profit: $-36,236
• Equity at exit: $35,039

10-year hold

• IRR: -3.5%
• Equity multiple: 0.75×
• Total profit: $-16,594
• Equity at exit: $20,319

Cash invested: $65,800 (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 32763

• Rents YoY: 5.2%
• Active inventory: 243
• Price-to-rent: 10.6×

Monthly cashflow live

• Estimated rent: $1,853 high
• Mortgage (P&I): −$1,232
• Tax from tax record: −$170 /mo · $2,040/yr
• Insurance: −$98
• HOA: −$0
• Vacancy / Maint / Mgmt: −$389
• Net cashflow: $-37

Break-even live

Break-even rent $1,899

Max offer price $228,518

Occupancy floor 97%

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: $58,750
• Closing costs: $7,050
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
505 Patlin Ave Orange City, FL	2.0	1.5	1022	$1,600	$1.57	23d	1	0.74mi
258 Charles Ave Orange City, FL	3.0	2.0	1103	$1,950	$1.77	23d	1	1.19mi
550 E Minnesota Ave Orange City, FL	2.0	1.0	900	$2,850	$3.17	23d	1	1.26mi
345 E Ohio Ave #345 Orange City, FL	2.0	2.0	1006	$1,697	$1.69	23d	1	1.42mi
240 Whispering Oaks Ct Orange City, FL	1.0	1.0	729	$1,289	$1.77	14d	1	1.47mi

Listing history 33 events

1. 2026-05-02
   status Pending
2. 2026-03-26
   listed $235,000 Active
3. 2025-02-26
   historical
4. 2025-01-15
   price $259,500
5. 2024-11-20
   listed $259,900 Active
6. 2022-10-13
   soldstatus $230,000
7. 2022-10-11
   soldstatus $230,000 Closed 114-char remark

   Show marketing remark (114 chars)

   Come check out this great home in a quiet neighborhood. Close to schools and shopping. Recently remodeled kitchen.

8. 2022-08-31
   status Pending 114-char remark

   Show marketing remark (114 chars)

   Come check out this great home in a quiet neighborhood. Close to schools and shopping. Recently remodeled kitchen.

9. 2022-08-22
   price $238,500 114-char remark

   Show marketing remark (114 chars)

   Come check out this great home in a quiet neighborhood. Close to schools and shopping. Recently remodeled kitchen.

10. 2022-08-04
    listed $244,999 Active 114-char remark

    Show marketing remark (114 chars)

    Come check out this great home in a quiet neighborhood. Close to schools and shopping. Recently remodeled kitchen.

11. 2017-04-26
    soldstatus $103,000
12. 2017-04-24
    soldstatus $103,000 Sold
13. 2017-03-28
    status Pending
14. 2017-03-24
    status Active
15. 2017-03-07
    status Pending
16. 2017-03-01
    status Active
17. 2016-12-01
    status Pending
18. 2016-11-23
    status Active
19. 2016-11-02
    status Pending
20. 2016-11-02
    status Active
21. 2016-10-31
    status Pending
22. 2016-10-17
    listed $99,000 Active
23. 2008-07-18
    soldstatus $70,000
24. 2008-06-24
    historical
25. 2008-02-12
    listed $71,900
26. 2006-06-05
    soldstatus $151,750
27. 2006-05-31
    soldstatus $151,750
28. 2006-04-28
    historical
29. 2006-04-13
    listed $149,000
30. 2006-04-13
    historical
31. 2006-02-03
    listed $149,000
32. 1999-06-07
    soldstatus $45,000
33. 1977-03-01
    soldstatus $23,000

ⓘ 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: $2,040 · $170/mo
• Projected year-2 tax: $2,040 · $170/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 2/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥108°F today · 21 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,231
• − Mortgage interest: −$13,164
• − Property taxes: −$2,040
• − Insurance: −$1,175
• − Repairs & maintenance: −$1,778
• − Management: −$1,778
• − Depreciation: −$6,836
• Taxable loss: −$4,540
• Est. tax savings @ 24.0%: +$1,090
• After-tax cash flow: $649/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: Volusia
• NCES district ID: 1201920
• Math proficiency: 44% ▼ -9.00%
• Reading proficiency: 49% ▼ -3.00%
• Median HH income: $42,946
• Composite: 39.2/100
• National rank: #4019
• State rank: #47 of 73 in FL

Livability — Orange City

• Score: 71/100
• State rank: #406
• US rank: #7175

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Volusia County · 556,871 people
• City population: 24,951
• Metro: Deltona-Daytona Beach-Ormond Beach, FL
• Population (ZIP): 24,951
• Household income: $66,716
• Rent vs Own: 35.3% rent · 64.7% own
• Severe rent burden: 1544.0

Population outlook (Volusia County) Hauer SSP2

• Today (2025): 572,749 people
• By 2030: 598,695 · +4.5%
• By 2040: 644,880 · +12.6%
• By 2050: 681,451 · +19.0%
• By 2075: 759,957 · +32.7%
• By 2100: 778,902 · +36.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (71%)
• Race & ethnicity: White 71% Hispanic / Latino 18% Two or more races 7% Black 7% Asian 1%
• Hispanic origin (detail): Puerto Rican 12%
• Common ancestry: Slovak 2% Romanian 2% Lithuanian 2%
• Foreign-born: 6% · Canada, Vietnam
• Languages at home: 85% English-only · Spanish 12% Russian/Polish/Slavic 1%

Political lean MEDSL · Volusia

• 2024 margin: Strong R (+21.8) · D 38.7% · R 60.5%
• 2008→2024 swing: -27.4pp toward R · 2008: 5.7pp · 2024: -21.8pp
• All cycles: 2024: R+21.8 2020: R+14.1 2016: R+13.1 2012: R+1.2 2008: D+5.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -225.13%
• Current HPI: 335.8393
• Rent YoY: ▲ 5.22%
• Metro: Deltona-Daytona Beach-Ormond Beach, 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

+921.7% since first listed

33 events — show timeline

• 2026-05-02 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-03-26 Listed $235,000 Stellar MLS as Distributed by MLS Grid
• 2025-02-26 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-01-15 Price Changed $259,500 Stellar MLS as Distributed by MLS Grid
• 2024-11-20 Listed $259,900 Stellar MLS as Distributed by MLS Grid
• 2022-10-13 Sold (Public Records) $230,000 Public Records
• 2022-10-11 Sold (MLS) $230,000 Stellar MLS as Distributed by MLS Grid
• 2022-08-31 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-08-22 Price Changed $238,500 Stellar MLS as Distributed by MLS Grid
• 2022-08-04 Listed $244,999 Stellar MLS as Distributed by MLS Grid
• 2017-04-26 Sold (Public Records) $103,000 Public Records
• 2017-04-24 Sold (MLS) $103,000 Stellar MLS as Distributed by MLS Grid
• 2017-03-28 Pending — Stellar MLS as Distributed by MLS Grid
• 2017-03-24 Relisted — Stellar MLS as Distributed by MLS Grid
• 2017-03-07 Pending — Stellar MLS as Distributed by MLS Grid
• 2017-03-01 Relisted — Stellar MLS as Distributed by MLS Grid
• 2016-12-01 Pending — Stellar MLS as Distributed by MLS Grid
• 2016-11-23 Relisted — Stellar MLS as Distributed by MLS Grid
• 2016-11-02 Pending — Stellar MLS as Distributed by MLS Grid
• 2016-11-02 Relisted — Stellar MLS as Distributed by MLS Grid
• 2016-10-31 Pending — Stellar MLS as Distributed by MLS Grid
• 2016-10-17 Listed $99,000 Stellar MLS as Distributed by MLS Grid
• 2008-07-18 Sold (MLS) $70,000 Stellar MLS as Distributed by MLS Grid
• 2008-06-24 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2008-02-12 Listed $71,900 Stellar MLS as Distributed by MLS Grid
• 2006-06-05 Sold (Public Records) $151,750 Public Records
• 2006-05-31 Sold (MLS) $151,750 Stellar MLS as Distributed by MLS Grid
• 2006-04-28 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2006-04-13 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2006-04-13 Listed $149,000 Stellar MLS as Distributed by MLS Grid
• 2006-02-03 Listed $149,000 Stellar MLS as Distributed by MLS Grid
• 1999-06-07 Sold (Public Records) $45,000 Public Records
• 1977-03-01 Sold (Public Records) $23,000 Public Records

Property tax history

+6.1%/yr

Latest (2025): $2,040 · -1.7% YoY. Source: county tax records.