2780 County Road 575 · Floral City, FL 33513

$189,000

4 bd · 2.0 ba · 1,680 sqft · MultiFamily · 372 Days on market

Built 1986 4.20 ac lot

---

Why this score? — see what drove the A- 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• Schools +5.2/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed

Listing remarks MLS

Rare multi-unit opportunity on 4.2 acres—priced for potential and ready for improvement. This unique Bushnell property features a 2BR/1BA single-wide manufactured home (1971) plus a two-story duplex (1986) with two 1BR/1BA units. The property does require work, particularly the lower level of the duplex, along with additional TLC throughout. Calling also for investors or buyers looking to add value. Metal roof on the manufactured home, shingle roof on the duplex, new 20x12 carport (2023), and gravel drive. Generous acreage provides privacy and flexibility for rental income, multi-family living, or future use. Opportunities like this are limited—bring your vision and act quickly.

Key facts

• Metal roof
• Gravel drive
• Two story duplex

Tags

• TWO STORY DUPLEX
• METAL ROOF
• SHINGLE ROOF
• GRAVEL DRIVE
• MULTI FAMILY COMPOUND

Property features AI

Finance

• Other: Property zoned AC; Homestead indicated; No lease restrictions reported
• Financial info: Annual net income reported as $0.00 (multi-family financial field)
• HOA & community: No association

Exterior

• Parking: Off-street parking; Carport with 2 covered spaces
• Utilities: Well water; Septic tank sewer; Electricity connected
• Home design: Residential income property (duplex subtype); Completed condition
• Construction: Frame construction; Shingle roof; Pillar/post/pier foundation; Total of 3 buildings on the property; Total acreage approximately 2 to less than 5 acres (listed as 4.2 acres); Lot described as level, private, paved access; dimensions ~500 x 710
• Exterior features: Covered, screened porch; Fence; Private mailbox; On-site storage; Outbuilding

Interior

• Bedrooms: Three 1-bedroom units and one 2-bedroom unit across the property (total of 3 units listed: two 1-bed/1-bath units and one 2-bed/1-bath unit); Total bedroom count reported as 4
• Bathrooms: Each unit includes 1 bathroom
• Heating & cooling: No central heating; Wall/window air conditioning units
• Interior features: Ceiling fans; Split-bedroom layout; Thermostat
• Laundry & utility: Outdoor laundry area

What this means for you Summary

Snapshot

• This is a 1×2.0bd/1.0ba + 1×1.0bd/1.0ba units multifamily listed at $189k.

Deal economics

• At list price, monthly cash flow is $614 ($7k/yr) — positive. Per door: $307/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $189k).
• Recommended offer: $166k (12.0% below list) — sets the bar for market timing.
• Cap rate 12.9% vs local median 3.6% in Floral City — 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 (#573 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B+; Watch: health & safety C-, schools D+, amenities F.
• Sumter (rural): math 61% / reading 61% proficiency, ranked #11 of 73 in FL (top 15%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 97 active listings in the ZIP; 3,961 units permitted in Sumter County in 2024 (248 in 5+ unit buildings).

Forward outlook

• In year one you build about $20k of equity ($1k loan paydown + $19k appreciation (10.0% local appreciation)).
• Sumter County population projected at +45% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $53k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 372 days — a 12% lower offer ($166k) is reasonable based on typical stale-listing flexibility.
• 12 sale attempts since 13y ago; this cycle's ask has dropped $156k (45%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $28k; list at $189k implies a 585% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $166,320 (12.0% below list)

Questions for the listing agent

1. It's been on market 372 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
8. 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.
9. 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.
10. 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: 1.57% ✓
• Cap rate: 12.90%
• Cash-on-cash: 23.59%
• DSCR: 2.05
• GRM: 5.3

CMA / ARV

No comps found within radius.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 34.6%
• Equity multiple: 3.69×
• Total profit: $142,323
• Equity at exit: $170,266

10-year hold

• IRR: 29.8%
• Equity multiple: 8.35×
• Total profit: $388,995
• Equity at exit: $367,185

Cash invested: $52,920 (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 33513

• Home prices YoY: 12.8%
• Active inventory: 97
• Price-to-rent: 10.4×

Monthly cashflow live

• Estimated rent: $2,970 medium
• Mortgage (P&I): −$991
• Tax est. 1.5%: −$236 /mo · $2,835/yr
• Insurance: −$79
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$624
• Net cashflow: $614

Break-even live

Break-even rent $2,193

Max offer price $189,000

Occupancy floor 74%

Sensitivity live

Price	-10% $744	-5% $679	+0% $614	+5% $548	+10% $483
Rent	-10% $379	-5% $496	+0% $614	+5% $731	+10% $848
Rate	-1.0pp $709	-0.5pp $662	base $614	+0.5pp $565	+1.0pp $515

2-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
1× unit	2.0	1	$1,511
1× unit	1.0	1	$1,459
Total (2 units)			$2,970

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: $47,250
• Closing costs: $5,670
• Reserves months: —
• Total cash needed: —

Listing history 50 events

1. 2026-06-19
   days on market $189,000 Active 372 DOM
2. 2026-06-18
   days on market $189,000 Active 371 DOM
3. 2026-06-17
   days on market $189,000 Active 370 DOM
4. 2026-06-16
   days on market $189,000 Active 369 DOM
5. 2026-06-15
   days on market $189,000 Active 368 DOM
6. 2026-06-14
   days on market $189,000 Active 366 DOM
7. 2026-06-13
   days on market $189,000 Active 365 DOM
8. 2026-06-10
   days on market $189,000 Active 363 DOM
9. 2026-06-09
   days on market $189,000 Active 362 DOM
10. 2026-06-08
    days on market $189,000 Active 361 DOM
11. 2026-06-07
    days on market $189,000 Active 360 DOM
12. 2026-06-02
    days on market $189,000 Active 355 DOM
13. 2026-06-01
    days on market $189,000 Active 354 DOM
14. 2026-05-31
    days on market $189,000 Active 353 DOM
15. 2026-05-30
    days on market $189,000 Active 352 DOM
16. 2026-04-21
    status Active 699-char remark

    Show marketing remark (699 chars)

    Rare multi-unit opportunity on 4.2 acres—priced for potential and ready for improvement. This unique Bushnell property features a 2BR/1BA single-wide manufactured home (1971) plus a two-story duplex (1986) with two 1BR/1BA units. The property does require work, particularly the lower level of the duplex, along with additional TLC throughout. Calling also for investors or buyers looking to add value. Metal roof on the manufactured home, shingle roof on the duplex, new 20x12 carport (2023), and gravel drive. Generous acreage provides privacy and flexibility for rental income, multi-family living, or future use. Opportunities like this are limited—bring your vision and act quickly.

17. 2026-04-21
    status Active

    Show marketing remark (699 chars)

    Rare multi-unit opportunity on 4.2 acres—priced for potential and ready for improvement. This unique Bushnell property features a 2BR/1BA single-wide manufactured home (1971) plus a two-story duplex (1986) with two 1BR/1BA units. The property does require work, particularly the lower level of the duplex, along with additional TLC throughout. Calling also for investors or buyers looking to add value. Metal roof on the manufactured home, shingle roof on the duplex, new 20x12 carport (2023), and gravel drive. Generous acreage provides privacy and flexibility for rental income, multi-family living, or future use. Opportunities like this are limited—bring your vision and act quickly.

18. 2026-03-20
    status Pending 699-char remark

    Show marketing remark (699 chars)

    Rare multi-unit opportunity on 4.2 acres—priced for potential and ready for improvement. This unique Bushnell property features a 2BR/1BA single-wide manufactured home (1971) plus a two-story duplex (1986) with two 1BR/1BA units. The property does require work, particularly the lower level of the duplex, along with additional TLC throughout. Calling also for investors or buyers looking to add value. Metal roof on the manufactured home, shingle roof on the duplex, new 20x12 carport (2023), and gravel drive. Generous acreage provides privacy and flexibility for rental income, multi-family living, or future use. Opportunities like this are limited—bring your vision and act quickly.

19. 2026-03-20
    status Pending

    Show marketing remark (699 chars)

    Rare multi-unit opportunity on 4.2 acres—priced for potential and ready for improvement. This unique Bushnell property features a 2BR/1BA single-wide manufactured home (1971) plus a two-story duplex (1986) with two 1BR/1BA units. The property does require work, particularly the lower level of the duplex, along with additional TLC throughout. Calling also for investors or buyers looking to add value. Metal roof on the manufactured home, shingle roof on the duplex, new 20x12 carport (2023), and gravel drive. Generous acreage provides privacy and flexibility for rental income, multi-family living, or future use. Opportunities like this are limited—bring your vision and act quickly.

20. 2026-02-19
    status Active 699-char remark

    Show marketing remark (699 chars)

    Rare multi-unit opportunity on 4.2 acres—priced for potential and ready for improvement. This unique Bushnell property features a 2BR/1BA single-wide manufactured home (1971) plus a two-story duplex (1986) with two 1BR/1BA units. The property does require work, particularly the lower level of the duplex, along with additional TLC throughout. Calling also for investors or buyers looking to add value. Metal roof on the manufactured home, shingle roof on the duplex, new 20x12 carport (2023), and gravel drive. Generous acreage provides privacy and flexibility for rental income, multi-family living, or future use. Opportunities like this are limited—bring your vision and act quickly.

21. 2026-02-19
    status Active

    Show marketing remark (699 chars)

    Rare multi-unit opportunity on 4.2 acres—priced for potential and ready for improvement. This unique Bushnell property features a 2BR/1BA single-wide manufactured home (1971) plus a two-story duplex (1986) with two 1BR/1BA units. The property does require work, particularly the lower level of the duplex, along with additional TLC throughout. Calling also for investors or buyers looking to add value. Metal roof on the manufactured home, shingle roof on the duplex, new 20x12 carport (2023), and gravel drive. Generous acreage provides privacy and flexibility for rental income, multi-family living, or future use. Opportunities like this are limited—bring your vision and act quickly.

22. 2026-02-13
    status Pending 699-char remark

    Show marketing remark (699 chars)

    Rare multi-unit opportunity on 4.2 acres—priced for potential and ready for improvement. This unique Bushnell property features a 2BR/1BA single-wide manufactured home (1971) plus a two-story duplex (1986) with two 1BR/1BA units. The property does require work, particularly the lower level of the duplex, along with additional TLC throughout. Calling also for investors or buyers looking to add value. Metal roof on the manufactured home, shingle roof on the duplex, new 20x12 carport (2023), and gravel drive. Generous acreage provides privacy and flexibility for rental income, multi-family living, or future use. Opportunities like this are limited—bring your vision and act quickly.

23. 2026-02-13
    status Pending

    Show marketing remark (699 chars)

    Rare multi-unit opportunity on 4.2 acres—priced for potential and ready for improvement. This unique Bushnell property features a 2BR/1BA single-wide manufactured home (1971) plus a two-story duplex (1986) with two 1BR/1BA units. The property does require work, particularly the lower level of the duplex, along with additional TLC throughout. Calling also for investors or buyers looking to add value. Metal roof on the manufactured home, shingle roof on the duplex, new 20x12 carport (2023), and gravel drive. Generous acreage provides privacy and flexibility for rental income, multi-family living, or future use. Opportunities like this are limited—bring your vision and act quickly.

24. 2026-02-03
    status Active 699-char remark

    Show marketing remark (699 chars)

    Rare multi-unit opportunity on 4.2 acres—priced for potential and ready for improvement. This unique Bushnell property features a 2BR/1BA single-wide manufactured home (1971) plus a two-story duplex (1986) with two 1BR/1BA units. The property does require work, particularly the lower level of the duplex, along with additional TLC throughout. Calling also for investors or buyers looking to add value. Metal roof on the manufactured home, shingle roof on the duplex, new 20x12 carport (2023), and gravel drive. Generous acreage provides privacy and flexibility for rental income, multi-family living, or future use. Opportunities like this are limited—bring your vision and act quickly.

25. 2026-02-03
    status Active

    Show marketing remark (699 chars)

    Rare multi-unit opportunity on 4.2 acres—priced for potential and ready for improvement. This unique Bushnell property features a 2BR/1BA single-wide manufactured home (1971) plus a two-story duplex (1986) with two 1BR/1BA units. The property does require work, particularly the lower level of the duplex, along with additional TLC throughout. Calling also for investors or buyers looking to add value. Metal roof on the manufactured home, shingle roof on the duplex, new 20x12 carport (2023), and gravel drive. Generous acreage provides privacy and flexibility for rental income, multi-family living, or future use. Opportunities like this are limited—bring your vision and act quickly.

26. 2026-01-03
    status Pending 699-char remark

    Show marketing remark (699 chars)

    Rare multi-unit opportunity on 4.2 acres—priced for potential and ready for improvement. This unique Bushnell property features a 2BR/1BA single-wide manufactured home (1971) plus a two-story duplex (1986) with two 1BR/1BA units. The property does require work, particularly the lower level of the duplex, along with additional TLC throughout. Calling also for investors or buyers looking to add value. Metal roof on the manufactured home, shingle roof on the duplex, new 20x12 carport (2023), and gravel drive. Generous acreage provides privacy and flexibility for rental income, multi-family living, or future use. Opportunities like this are limited—bring your vision and act quickly.

27. 2026-01-03
    status Pending

    Show marketing remark (699 chars)

    Rare multi-unit opportunity on 4.2 acres—priced for potential and ready for improvement. This unique Bushnell property features a 2BR/1BA single-wide manufactured home (1971) plus a two-story duplex (1986) with two 1BR/1BA units. The property does require work, particularly the lower level of the duplex, along with additional TLC throughout. Calling also for investors or buyers looking to add value. Metal roof on the manufactured home, shingle roof on the duplex, new 20x12 carport (2023), and gravel drive. Generous acreage provides privacy and flexibility for rental income, multi-family living, or future use. Opportunities like this are limited—bring your vision and act quickly.

28. 2025-12-29
    price $199,000 699-char remark

    Show marketing remark (699 chars)

    Rare multi-unit opportunity on 4.2 acres—priced for potential and ready for improvement. This unique Bushnell property features a 2BR/1BA single-wide manufactured home (1971) plus a two-story duplex (1986) with two 1BR/1BA units. The property does require work, particularly the lower level of the duplex, along with additional TLC throughout. Calling also for investors or buyers looking to add value. Metal roof on the manufactured home, shingle roof on the duplex, new 20x12 carport (2023), and gravel drive. Generous acreage provides privacy and flexibility for rental income, multi-family living, or future use. Opportunities like this are limited—bring your vision and act quickly.

29. 2025-12-29
    price $199,000

    Show marketing remark (699 chars)

    Rare multi-unit opportunity on 4.2 acres—priced for potential and ready for improvement. This unique Bushnell property features a 2BR/1BA single-wide manufactured home (1971) plus a two-story duplex (1986) with two 1BR/1BA units. The property does require work, particularly the lower level of the duplex, along with additional TLC throughout. Calling also for investors or buyers looking to add value. Metal roof on the manufactured home, shingle roof on the duplex, new 20x12 carport (2023), and gravel drive. Generous acreage provides privacy and flexibility for rental income, multi-family living, or future use. Opportunities like this are limited—bring your vision and act quickly.

30. 2025-11-04
    price $240,000 699-char remark

    Show marketing remark (699 chars)

    Rare multi-unit opportunity on 4.2 acres—priced for potential and ready for improvement. This unique Bushnell property features a 2BR/1BA single-wide manufactured home (1971) plus a two-story duplex (1986) with two 1BR/1BA units. The property does require work, particularly the lower level of the duplex, along with additional TLC throughout. Calling also for investors or buyers looking to add value. Metal roof on the manufactured home, shingle roof on the duplex, new 20x12 carport (2023), and gravel drive. Generous acreage provides privacy and flexibility for rental income, multi-family living, or future use. Opportunities like this are limited—bring your vision and act quickly.

31. 2025-11-04
    price $240,000

    Show marketing remark (699 chars)

    Rare multi-unit opportunity on 4.2 acres—priced for potential and ready for improvement. This unique Bushnell property features a 2BR/1BA single-wide manufactured home (1971) plus a two-story duplex (1986) with two 1BR/1BA units. The property does require work, particularly the lower level of the duplex, along with additional TLC throughout. Calling also for investors or buyers looking to add value. Metal roof on the manufactured home, shingle roof on the duplex, new 20x12 carport (2023), and gravel drive. Generous acreage provides privacy and flexibility for rental income, multi-family living, or future use. Opportunities like this are limited—bring your vision and act quickly.

32. 2025-10-16
    price $250,000 699-char remark

    Show marketing remark (699 chars)

    Rare multi-unit opportunity on 4.2 acres—priced for potential and ready for improvement. This unique Bushnell property features a 2BR/1BA single-wide manufactured home (1971) plus a two-story duplex (1986) with two 1BR/1BA units. The property does require work, particularly the lower level of the duplex, along with additional TLC throughout. Calling also for investors or buyers looking to add value. Metal roof on the manufactured home, shingle roof on the duplex, new 20x12 carport (2023), and gravel drive. Generous acreage provides privacy and flexibility for rental income, multi-family living, or future use. Opportunities like this are limited—bring your vision and act quickly.

33. 2025-10-15
    price $250,000
34. 2025-10-04
    price $275,000 699-char remark

    Show marketing remark (699 chars)

    Rare multi-unit opportunity on 4.2 acres—priced for potential and ready for improvement. This unique Bushnell property features a 2BR/1BA single-wide manufactured home (1971) plus a two-story duplex (1986) with two 1BR/1BA units. The property does require work, particularly the lower level of the duplex, along with additional TLC throughout. Calling also for investors or buyers looking to add value. Metal roof on the manufactured home, shingle roof on the duplex, new 20x12 carport (2023), and gravel drive. Generous acreage provides privacy and flexibility for rental income, multi-family living, or future use. Opportunities like this are limited—bring your vision and act quickly.

35. 2025-09-11
    price $275,000
36. 2025-08-05
    status Active 699-char remark

    Show marketing remark (699 chars)

    Rare multi-unit opportunity on 4.2 acres—priced for potential and ready for improvement. This unique Bushnell property features a 2BR/1BA single-wide manufactured home (1971) plus a two-story duplex (1986) with two 1BR/1BA units. The property does require work, particularly the lower level of the duplex, along with additional TLC throughout. Calling also for investors or buyers looking to add value. Metal roof on the manufactured home, shingle roof on the duplex, new 20x12 carport (2023), and gravel drive. Generous acreage provides privacy and flexibility for rental income, multi-family living, or future use. Opportunities like this are limited—bring your vision and act quickly.

37. 2025-08-05
    price $299,900 699-char remark

    Show marketing remark (699 chars)

    Rare multi-unit opportunity on 4.2 acres—priced for potential and ready for improvement. This unique Bushnell property features a 2BR/1BA single-wide manufactured home (1971) plus a two-story duplex (1986) with two 1BR/1BA units. The property does require work, particularly the lower level of the duplex, along with additional TLC throughout. Calling also for investors or buyers looking to add value. Metal roof on the manufactured home, shingle roof on the duplex, new 20x12 carport (2023), and gravel drive. Generous acreage provides privacy and flexibility for rental income, multi-family living, or future use. Opportunities like this are limited—bring your vision and act quickly.

38. 2025-08-05
    historical 699-char remark

    Show marketing remark (699 chars)

    Rare multi-unit opportunity on 4.2 acres—priced for potential and ready for improvement. This unique Bushnell property features a 2BR/1BA single-wide manufactured home (1971) plus a two-story duplex (1986) with two 1BR/1BA units. The property does require work, particularly the lower level of the duplex, along with additional TLC throughout. Calling also for investors or buyers looking to add value. Metal roof on the manufactured home, shingle roof on the duplex, new 20x12 carport (2023), and gravel drive. Generous acreage provides privacy and flexibility for rental income, multi-family living, or future use. Opportunities like this are limited—bring your vision and act quickly.

39. 2025-08-04
    price $299,900
40. 2025-07-25
    price $325,000 699-char remark

    Show marketing remark (699 chars)

    Rare multi-unit opportunity on 4.2 acres—priced for potential and ready for improvement. This unique Bushnell property features a 2BR/1BA single-wide manufactured home (1971) plus a two-story duplex (1986) with two 1BR/1BA units. The property does require work, particularly the lower level of the duplex, along with additional TLC throughout. Calling also for investors or buyers looking to add value. Metal roof on the manufactured home, shingle roof on the duplex, new 20x12 carport (2023), and gravel drive. Generous acreage provides privacy and flexibility for rental income, multi-family living, or future use. Opportunities like this are limited—bring your vision and act quickly.

41. 2025-07-15
    price $325,000
42. 2025-06-17
    listed $345,000 Active 699-char remark

    Show marketing remark (699 chars)

    Rare multi-unit opportunity on 4.2 acres—priced for potential and ready for improvement. This unique Bushnell property features a 2BR/1BA single-wide manufactured home (1971) plus a two-story duplex (1986) with two 1BR/1BA units. The property does require work, particularly the lower level of the duplex, along with additional TLC throughout. Calling also for investors or buyers looking to add value. Metal roof on the manufactured home, shingle roof on the duplex, new 20x12 carport (2023), and gravel drive. Generous acreage provides privacy and flexibility for rental income, multi-family living, or future use. Opportunities like this are limited—bring your vision and act quickly.

43. 2025-05-20
    price $345,000
44. 2025-04-26
    price $365,000
45. 2025-04-04
    listed $375,000 Active
46. 2019-11-11
    historical
47. 2017-01-03
    historical
48. 2015-12-03
    listed $99,900
49. 2015-12-02
    listed $79,900
50. 2013-08-30
    soldstatus $27,600

ⓘ 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 AE · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 24 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $35,640
• − Mortgage interest: −$10,587
• − Property taxes: −$2,835
• − Insurance: −$6,064
• − Repairs & maintenance: −$2,851
• − Management: −$2,851
• − Depreciation: −$5,498
• Taxable income: $4,954
• Est. tax owed @ 24.0%: −$1,189
• After-tax cash flow: $6,175/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: Sumter
• NCES district ID: 1201800
• Math proficiency: 61% ▼ -4.00%
• Reading proficiency: 61% ▼ -2.00%
• Median HH income: $48,240
• Composite: 51.74/100
• National rank: #1682
• State rank: #11 of 73 in FL

Livability — Floral City

• Score: 67/100
• State rank: #573
• US rank: #10898

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• City population: 8,170
• Population (ZIP): 13,647

Population outlook (Sumter County) Hauer SSP2

• Today (2025): 161,172 people
• By 2030: 180,083 · +11.7%
• By 2040: 209,892 · +30.2%
• By 2050: 234,186 · +45.3%
• By 2075: 284,602 · +76.6%
• By 2100: 317,039 · +96.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (74%)
• Race & ethnicity: White 74% Black 11% Hispanic / Latino 10% Two or more races 4% Asian 1%
• Hispanic origin (detail): Mexican 4% Puerto Rican 3%
• Common ancestry: Lithuanian 3% Serbian 3% Iranian 1%
• Foreign-born: 2% · Canada, China
• Languages at home: 92% English-only · Spanish 6% Chinese 1%

Political lean MEDSL · Sumter

• 2024 margin: Solid R (+37.6) · D 30.9% · R 68.6%
• 2008→2024 swing: -10.6pp toward R · 2008: -27.0pp · 2024: -37.6pp
• All cycles: 2024: R+37.6 2020: R+36.1 2016: R+39.2 2012: R+34.9 2008: R+27.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 40.29%
• Current HPI: 354.5531
• 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

+699.2% since first listed

36 events — show timeline

• 2026-04-21 Relisted — RACC
• 2026-04-21 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-03-20 Pending — RACC
• 2026-03-20 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-02-19 Relisted — RACC
• 2026-02-19 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-02-13 Pending — RACC
• 2026-02-13 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-02-03 Relisted — RACC
• 2026-02-03 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-01-03 Pending — RACC
• 2026-01-03 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-12-29 Price Changed $199,000 RACC
• 2025-12-29 Price Changed $199,000 Stellar MLS as Distributed by MLS Grid
• 2025-11-04 Price Changed $240,000 RACC
• 2025-11-04 Price Changed $240,000 Stellar MLS as Distributed by MLS Grid
• 2025-10-16 Price Changed $250,000 RACC
• 2025-10-15 Price Changed $250,000 Stellar MLS as Distributed by MLS Grid
• 2025-10-04 Price Changed $275,000 RACC
• 2025-09-11 Price Changed $275,000 Stellar MLS as Distributed by MLS Grid
• 2025-08-05 Relisted — RACC
• 2025-08-05 Price Changed $299,900 RACC
• 2025-08-05 Delisted — RACC
• 2025-08-04 Price Changed $299,900 Stellar MLS as Distributed by MLS Grid
• 2025-07-25 Price Changed $325,000 RACC
• 2025-07-15 Price Changed $325,000 Stellar MLS as Distributed by MLS Grid
• 2025-06-17 Listed $345,000 RACC
• 2025-05-20 Price Changed $345,000 Stellar MLS as Distributed by MLS Grid
• 2025-04-26 Price Changed $365,000 Stellar MLS as Distributed by MLS Grid
• 2025-04-04 Listed $375,000 Stellar MLS as Distributed by MLS Grid
• 2019-11-11 Listing Removed — HCAR
• 2017-01-03 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2015-12-03 Listed $99,900 HCAR
• 2015-12-02 Listed $79,900 Stellar MLS as Distributed by MLS Grid
• 2013-08-30 Sold (MLS) $27,600 RACC
• 2013-08-01 Listed $24,900 RACC