24 Dogwood Trl · Silver Springs Shores, FL 34472

$274,500

3 bd · 2.0 ba · 1,500 sqft · Land · 250 Days on market

Built 2025 10,625 sqft lot $183/sqft · at area comps Est $264k · at est.

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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 +9.0/30.0
• Appreciation +8.0/10.0
• ARV discount +5.6/15.0
• Schools +3.6/10.0
• Livability +3.4/5.0
• DSCR +2.5/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +1.4/10.0

Listing remarks MLS

HUGE PRICE ADJUSTMENT! Welcome to this stunning newly built home, perfectly positioned on a desirable corner lot in the heart of Silver Springs Shores. Blending timeless design with modern elegance, this residence is sure to impress from the moment you arrive. Step inside through the covered foyer to an open-concept floorplan adorned with luxury vinyl flooring, a spacious dining area, and an inviting living room. The chef’s island kitchen is a true showstopper—featuring stainless steel appliances, quartz countertops, and a pantry that provides both style and function. The luxurious primary suite is a private retreat, highlighted by a custom barn door entry that opens to an oversized spa-inspired bathroom. Enjoy dual vanities, a massive walk-in shower with a classic rainshower head, and expansive walk-in closets designed to fit your lifestyle. Perfect for entertaining, the main living area extends seamlessly outdoors through 8-foot, three-panel sliding glass doors, leading to a patio which is ideal for weekend gatherings or relaxing evenings under the stars. By the Way, this property is connected to the public water system. Located in central Silver Springs Shores, you’ll enjoy close proximity to shopping, dining, and medical facilities. Don’t miss this rare opportunity to own a brand-new home in a prime location!

Key facts

• Quartz countertops
• Chef island kitchen
• Corner lot

Tags

• CORNER LOT
• OPEN-CONCEPT FLOORPLAN
• CHEF ISLAND KITCHEN
• STAINLESS STEEL APPLIANCES
• QUARTZ COUNTERTOPS
• CUSTOM BARN DOOR ENTRY

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath land listed at $274k.

Deal economics

• At list price, monthly cash flow is $-216 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $236k (13.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $177k (35.5% below list).
• Recommended offer: $177k (35.5% below list) — sets the bar for 1% rule.

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, amenities 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.
• Zoned schools: Legacy Elementary School (math 35% / reading 35%, grade F, #1,697 of 2,144 statewide, top 80%, 716 students, 72% FRL); Lake Weir Middle School (math 37% / reading 33%, grade F, #416 of 571 statewide, top 74%, 1,207 students, 76% FRL); Forest High School (math 36% / reading 54%, grade D-, #228 of 667 statewide, top 35%, 2,325 students, 42% FRL) — zoned schools at 63% FRL track the district average.
• Market conditions: Rents flat; 683 active listings in the ZIP; 16 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 7,071 units permitted in Marion County in 2024 (534 in 5+ unit buildings).
• This rent runs 33% of the median local income ($64k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $18k of equity ($2k loan paydown + $16k appreciation (5.9% local appreciation)).
• Marion County population projected at +13% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• By year 3, paydown + projected appreciation supports a ~$45k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 250 days — a 12% lower offer ($242k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 4y ago; this cycle's ask has dropped $15k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $25k; list at $274k implies a 998% 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; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $176,956 (35.5% 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 250 days. Have you received any prior offers? Is the seller open to a 36% 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. 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?
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: 0.64% ✗
• Cap rate: 5.35%
• Cash-on-cash: -3.37%
• DSCR: 0.85
• GRM: 12.9

CMA / ARV

• ARV (median comp): $263,591
• List price: $274,500
• Delta: 4.14%
• 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: 11.6%
• Equity multiple: 1.77×
• Total profit: $59,346
• Equity at exit: $171,393

10-year hold

• IRR: 11.8%
• Equity multiple: 3.30×
• Total profit: $176,478
• Equity at exit: $309,809

Cash invested: $76,860 (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: 683
• Price-to-rent: 12.9×

Monthly cashflow live

• Estimated rent: $1,770 high
• Mortgage (P&I): −$1,440
• Tax from tax record: −$60 /mo · $722/yr
• Insurance: −$114
• HOA: −$0
• Vacancy / Maint / Mgmt: −$372
• Net cashflow: $-216

Break-even live

Break-even rent $2,043

Max offer price $236,328

Occupancy floor —

Sensitivity live

Price	-10% $-61	-5% $-138	+0% $-216	+5% $-294	+10% $-371
Rent	-10% $-356	-5% $-286	+0% $-216	+5% $-146	+10% $-76
Rate	-1.0pp $-78	-0.5pp $-146	base $-216	+0.5pp $-287	+1.0pp $-360

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: $68,625
• Closing costs: $8,235
• Reserves months: —
• Total cash needed: —

Rent comps 16 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
9 Dogwood Trail Dr Ocala, FL	3.0	2.0	1110	$1,595	$1.44	23d	1	0.14mi
98 Dogwood Drive Cir Ocala, FL	3.0	2.0	1337	$1,695	$1.27	23d	1	0.31mi
21 Dogwood Drive Pass Ocala, FL	3.0	2.0	1390	$1,595	$1.15	23d	1	0.40mi
88 Dogwood Drive Loop Ocala, FL	3.0	2.0	1659	$1,600	$0.96	23d	1	0.43mi
6 Cedar Dr Ocala, FL	3.0	2.0	1477	$1,675	$1.13	23d	1	0.72mi
6875 SE 52nd St Ocala, FL	3.0	2.0	1624	$1,750	$1.08	23d	1	0.82mi
2 Dogwood Drive Pl Ocala, FL	4.0	2.0	1608	$2,099	$1.31	23d	1	0.84mi
57 Pine Cir Ocala, FL	3.0	2.0	1270	$1,897	$1.49	15d	1	0.88mi
9 Pine Course Radl Ocala, FL	3.0	2.0	1453	$1,725	$1.19	15d	1	0.95mi
23 Aspen Dr Ocala, FL	3.0	2.0	1399	$1,650	$1.18	23d	1	0.95mi
11 Aspen Dr Ocala, FL	3.0	2.0	1357	$1,725	$1.27	23d	1	1.00mi
3 Pine Circle Pass Ocala, FL	3.0	2.0	1674	$1,700	$1.02	23d	1	1.02mi
7044 Hemlock Crse Ocala, FL	3.0	2.0	1270	$1,897	$1.49	15d	1	1.12mi
139 Pine Crse Ocala, FL	3.0	2.0	1398	$1,645	$1.18	15d	1	1.14mi
13 Redwood Trace Ln Ocala, FL	3.0	2.0	1337	$1,595	$1.19	23d	1	1.41mi
7 Pine Run Ter Ocala, FL	3.0	2.0	1432	$1,500	$1.05	15d	1	1.49mi

Listing history 25 events

1. 2026-06-22
   days on market $274,500 Active 250 DOM
2. 2026-06-18
   days on market $274,500 Active 247 DOM
3. 2026-06-17
   days on market $274,500 Active 246 DOM
4. 2026-06-16
   days on market $274,500 Active 245 DOM
5. 2026-06-15
   days on market $274,500 Active 244 DOM
6. 2026-06-14
   days on market $274,500 Active 242 DOM
7. 2026-06-13
   days on market $274,500 Active 241 DOM
8. 2026-06-10
   days on market $274,500 Active 239 DOM
9. 2026-06-09
   days on market $274,500 Active 238 DOM
10. 2026-06-08
    days on market $274,500 Active 237 DOM
11. 2026-06-07
    pricedays on market $274,500 Active 236 DOM
12. 2026-06-03
    days on market $274,900 Active 232 DOM
13. 2026-06-02
    days on market $274,900 Active 231 DOM
14. 2026-05-31
    days on market $274,900 Active 229 DOM
15. 2026-05-30
    days on market $274,900 Active 228 DOM
16. 2026-03-18
    price $274,900 1359-char remark

    Show marketing remark (1359 chars)

    HUGE PRICE ADJUSTMENT! Welcome to this stunning newly built home, perfectly positioned on a desirable corner lot in the heart of Silver Springs Shores. Blending timeless design with modern elegance, this residence is sure to impress from the moment you arrive. Step inside through the covered foyer to an open-concept floorplan adorned with luxury vinyl flooring, a spacious dining area, and an inviting living room. The chef’s island kitchen is a true showstopper—featuring stainless steel appliances, quartz countertops, and a pantry that provides both style and function. The luxurious primary suite is a private retreat, highlighted by a custom barn door entry that opens to an oversized spa-inspired bathroom. Enjoy dual vanities, a massive walk-in shower with a classic rainshower head, and expansive walk-in closets designed to fit your lifestyle. Perfect for entertaining, the main living area extends seamlessly outdoors through 8-foot, three-panel sliding glass doors, leading to a patio which is ideal for weekend gatherings or relaxing evenings under the stars. By the Way, this property is connected to the public water system. Located in central Silver Springs Shores, you’ll enjoy close proximity to shopping, dining, and medical facilities. Don’t miss this rare opportunity to own a brand-new home in a prime location!

17. 2026-02-24
    price $279,900 1359-char remark

    Show marketing remark (1359 chars)

    HUGE PRICE ADJUSTMENT! Welcome to this stunning newly built home, perfectly positioned on a desirable corner lot in the heart of Silver Springs Shores. Blending timeless design with modern elegance, this residence is sure to impress from the moment you arrive. Step inside through the covered foyer to an open-concept floorplan adorned with luxury vinyl flooring, a spacious dining area, and an inviting living room. The chef’s island kitchen is a true showstopper—featuring stainless steel appliances, quartz countertops, and a pantry that provides both style and function. The luxurious primary suite is a private retreat, highlighted by a custom barn door entry that opens to an oversized spa-inspired bathroom. Enjoy dual vanities, a massive walk-in shower with a classic rainshower head, and expansive walk-in closets designed to fit your lifestyle. Perfect for entertaining, the main living area extends seamlessly outdoors through 8-foot, three-panel sliding glass doors, leading to a patio which is ideal for weekend gatherings or relaxing evenings under the stars. By the Way, this property is connected to the public water system. Located in central Silver Springs Shores, you’ll enjoy close proximity to shopping, dining, and medical facilities. Don’t miss this rare opportunity to own a brand-new home in a prime location!

18. 2026-01-23
    price $284,900 1359-char remark

    Show marketing remark (1359 chars)

    HUGE PRICE ADJUSTMENT! Welcome to this stunning newly built home, perfectly positioned on a desirable corner lot in the heart of Silver Springs Shores. Blending timeless design with modern elegance, this residence is sure to impress from the moment you arrive. Step inside through the covered foyer to an open-concept floorplan adorned with luxury vinyl flooring, a spacious dining area, and an inviting living room. The chef’s island kitchen is a true showstopper—featuring stainless steel appliances, quartz countertops, and a pantry that provides both style and function. The luxurious primary suite is a private retreat, highlighted by a custom barn door entry that opens to an oversized spa-inspired bathroom. Enjoy dual vanities, a massive walk-in shower with a classic rainshower head, and expansive walk-in closets designed to fit your lifestyle. Perfect for entertaining, the main living area extends seamlessly outdoors through 8-foot, three-panel sliding glass doors, leading to a patio which is ideal for weekend gatherings or relaxing evenings under the stars. By the Way, this property is connected to the public water system. Located in central Silver Springs Shores, you’ll enjoy close proximity to shopping, dining, and medical facilities. Don’t miss this rare opportunity to own a brand-new home in a prime location!

19. 2025-10-14
    listed $289,900 Active 1359-char remark

    Show marketing remark (1359 chars)

    HUGE PRICE ADJUSTMENT! Welcome to this stunning newly built home, perfectly positioned on a desirable corner lot in the heart of Silver Springs Shores. Blending timeless design with modern elegance, this residence is sure to impress from the moment you arrive. Step inside through the covered foyer to an open-concept floorplan adorned with luxury vinyl flooring, a spacious dining area, and an inviting living room. The chef’s island kitchen is a true showstopper—featuring stainless steel appliances, quartz countertops, and a pantry that provides both style and function. The luxurious primary suite is a private retreat, highlighted by a custom barn door entry that opens to an oversized spa-inspired bathroom. Enjoy dual vanities, a massive walk-in shower with a classic rainshower head, and expansive walk-in closets designed to fit your lifestyle. Perfect for entertaining, the main living area extends seamlessly outdoors through 8-foot, three-panel sliding glass doors, leading to a patio which is ideal for weekend gatherings or relaxing evenings under the stars. By the Way, this property is connected to the public water system. Located in central Silver Springs Shores, you’ll enjoy close proximity to shopping, dining, and medical facilities. Don’t miss this rare opportunity to own a brand-new home in a prime location!

20. 2023-03-20
    soldstatus $25,000 Closed 264-char remark

    Show marketing remark (264 chars)

    Mostly cleared . 24 of an acre CORNER lot in the Dogwood area of Silver Springs Shores. This lot is convenient to Baseline Road, making travel to either Ocala or Belleview quick. Lot is NOT in a flood zone and in a high demand area. New construction all around it.

21. 2023-03-20
    soldstatus $25,000

    Show marketing remark (264 chars)

    Mostly cleared . 24 of an acre CORNER lot in the Dogwood area of Silver Springs Shores. This lot is convenient to Baseline Road, making travel to either Ocala or Belleview quick. Lot is NOT in a flood zone and in a high demand area. New construction all around it.

22. 2023-02-28
    status Pending 264-char remark

    Show marketing remark (264 chars)

    Mostly cleared . 24 of an acre CORNER lot in the Dogwood area of Silver Springs Shores. This lot is convenient to Baseline Road, making travel to either Ocala or Belleview quick. Lot is NOT in a flood zone and in a high demand area. New construction all around it.

23. 2022-08-26
    status Active 264-char remark

    Show marketing remark (264 chars)

    Mostly cleared . 24 of an acre CORNER lot in the Dogwood area of Silver Springs Shores. This lot is convenient to Baseline Road, making travel to either Ocala or Belleview quick. Lot is NOT in a flood zone and in a high demand area. New construction all around it.

24. 2022-07-22
    status Pending 264-char remark

    Show marketing remark (264 chars)

    Mostly cleared . 24 of an acre CORNER lot in the Dogwood area of Silver Springs Shores. This lot is convenient to Baseline Road, making travel to either Ocala or Belleview quick. Lot is NOT in a flood zone and in a high demand area. New construction all around it.

25. 2022-05-12
    listed $30,000 Active 264-char remark

    Show marketing remark (264 chars)

    Mostly cleared . 24 of an acre CORNER lot in the Dogwood area of Silver Springs Shores. This lot is convenient to Baseline Road, making travel to either Ocala or Belleview quick. Lot is NOT in a flood zone and in a high demand area. New construction all around it.

ⓘ 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: $722 · $60/mo
• Projected year-2 tax: $2,278 · $190/mo
• Expected delta: +$1,556/yr (+$130/mo · 215.6%)

ⓘ 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 8/10 Severe 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 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,235
• − Mortgage interest: −$15,376
• − Property taxes: −$722
• − Insurance: −$1,372
• − Repairs & maintenance: −$1,699
• − Management: −$1,699
• − Depreciation: −$7,985
• Taxable loss: −$7,619
• Est. tax savings @ 24.0%: +$1,829
• After-tax cash flow: $-764/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

+816.3% since first listed

10 events — show timeline

• 2026-03-18 Price Changed $274,900 Stellar MLS as Distributed by MLS Grid
• 2026-02-24 Price Changed $279,900 Stellar MLS as Distributed by MLS Grid
• 2026-01-23 Price Changed $284,900 Stellar MLS as Distributed by MLS Grid
• 2025-10-14 Listed $289,900 Stellar MLS as Distributed by MLS Grid
• 2023-03-20 Sold (Public Records) $25,000 Public Records
• 2023-03-20 Sold (MLS) $25,000 Stellar MLS as Distributed by MLS Grid
• 2023-02-28 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-08-26 Relisted — Stellar MLS as Distributed by MLS Grid
• 2022-07-22 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-05-12 Listed $30,000 Stellar MLS as Distributed by MLS Grid

Property tax history

+18.0%/yr

Latest (2025): $722 · +83.4% YoY. Source: county tax records.