5552 NW 18th St · Ocala, FL 34482

$201,400

2 bd · 2.0 ba · 1,744 sqft · SingleFamily public records · 83 Days on market

Built 2002 8,712 sqft lot $115/sqft · 33% below area Est $300k · 33% under $278/mo HOA · 14% of rent ↓ 33% since listing

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Why this score? — see what drove the C- 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 +15.0/15.0
• Cash flow +14.3/30.0
• 1% rule +5.2/10.0
• Rent growth +5.0/5.0
• DSCR +4.3/10.0
• Schools +3.6/10.0
• Livability +3.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Wonderful 2 bedroom 2 bath split bedroom home in highly sought after 55+ community of Ocala Palms. No carpet in this home! This property has a great outdoor kitchen so you can enjoy cooking outside and a bird cage screened porch, perfectly set up for entertaining. The inside kitchen has plenty of counter space too! The dining room, living room and main bedroom all have sliders out to the Florida rooom. Ocala Palms is a golf course community with lots of social clubs , classesk ect. Located super close to shopping , restaurants and 1-75 for traveling. No blind offers, buyer must view the property. NO assignable contracts.

Key facts

• Close to restaurants
• Florida room
• Close to shopping

Tags

• OUTDOOR KITCHEN
• BIRD CAGE SCREENED PORCH
• FLORIDA ROOM
• GOLF COURSE COMMUNITY
• CLOSE TO SHOPPING
• CLOSE TO RESTAURANTS

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $201k.

Deal economics

• At list price, monthly cash flow is $35 ($422/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $201k).
• Recommended offer: $189k (6.0% below list) — sets the bar for market timing.
• Cap rate 6.5% vs local median 4.2% in Ocala — 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 69/100 on livability (#476 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime F, amenities F, commute 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.
• Market conditions: Rents rising fast (+11.1%/yr); 663 active listings in the ZIP; 23 comparable units currently listed for rent nearby; rentals at typical pace (median 22d 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 37% of the median local income ($66k/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 $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Marion 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 83 days — a 6% lower offer ($189k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts; this cycle's ask has dropped $11k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $189,316 (6.0% below list)

Questions for the listing agent

1. It's been on market 83 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 1.02% ✓
• Cap rate: 6.50%
• Cash-on-cash: 0.75%
• DSCR: 1.03
• GRM: 8.2

CMA / ARV

• ARV (median comp): $300,134
• List price: $201,400
• Delta: -32.90%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5306 NW 19th Pl	0.19mi	3/2.0 (+1)	1,719 (-1%)	9mo	$344,500	$200	76
5391 NW 19th Pl	0.15mi	3/2.0 (+1)	1,715 (-2%)	12mo	$205,000	$120	75
5195 NW 21st Loop	0.29mi	3/2.0 (+1)	1,840 (+6%)	8mo	$299,000	$163	66
5500 NW 23rd Pl	0.39mi	3/2.0 (+1)	1,837 (+5%)	4mo	$245,000	$133	64
5535 NW 23rd Pl	0.43mi	3/2.0 (+1)	1,485 (-15%)	2mo	$280,000	$189	49
2570 NW 55th Avenue Rd	0.59mi	2/2.0	1,914 (+10%)	10mo	$297,500	$155	48
2218 NW 50th Ave	0.61mi	2/2.0	1,544 (-12%)	6mo	$230,000	$149	47
5160 NW 25th Loop	0.68mi	2/2.0	1,569 (-10%)	8mo	$237,500	$151	45
4487 NW 53rd Ave	0.64mi	3/2.5 (+1)	1,894 (+9%)	13mo	$467,990	$247	38
5405 NW 25th Loop	0.64mi	2/2.0	1,590 (-9%)	22mo	$275,000	$173	38
5520 NW 26th Ln	0.64mi	3/2.0 (+1)	1,526 (-12%)	8mo	$215,000	$141	37
2439 NW 55th Avenue Rd	0.50mi	3/2.0 (+1)	1,514 (-13%)	17mo	$240,000	$159	36

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: -8.9%
• Equity multiple: 0.66×
• Total profit: $-19,393
• Equity at exit: $30,029

10-year hold

• IRR: 6.8%
• Equity multiple: 1.64×
• Total profit: $35,996
• Equity at exit: $17,413

Cash invested: $56,392 (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 34482

• Rents YoY: 11.1%
• Active inventory: 663
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $2,053 high
• Mortgage (P&I): −$1,056
• Tax from tax record: −$169 /mo · $2,025/yr
• Insurance: −$84
• HOA: −$278
• Vacancy / Maint / Mgmt: −$431
• Net cashflow: $35

Break-even live

Break-even rent $2,009

Max offer price $201,400

Occupancy floor 93%

Sensitivity live

Price	-10% $149	-5% $92	+0% $35	+5% $-22	+10% $-79
Rent	-10% $-127	-5% $-46	+0% $35	+5% $116	+10% $197
Rate	-1.0pp $137	-0.5pp $86	base $35	+0.5pp $-17	+1.0pp $-70

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: $50,350
• Closing costs: $6,042
• Reserves months: —
• Total cash needed: —

Rent comps 23 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5399 NW 18th St Ocala, FL	2.0	2.0	1085	$2,100	$1.94	22d	1	0.09mi
5399 NW 18th St Ocala, FL	2.0	2.0	1085	$2,100	$1.94	14d	1	0.09mi
1527 NW 57th Ct Unit 1 Ocala, FL	3.0	2.0	1460	$1,550	$1.06	22d	1	0.33mi
1918 NW 50th Cir Ocala, FL	2.0	2.0	1061	$2,200	$2.07	22d	1	0.43mi
2028 NW 50th Ave Ocala, FL	2.0	2.0	1066	$1,595	$1.50	22d	1	0.49mi
2038 NW 50th Ave Ocala, FL	2.0	2.0	1062	$2,250	$2.12	22d	1	0.49mi
2048 NW 50th Ave Ocala, FL	2.0	2.0	1062	$2,250	$2.12	22d	1	0.49mi
1017 NW 57th Ct Unit 1019 Ocala, FL	3.0	2.0	1162	$1,649	$1.42	22d	1	0.59mi
5811 NW 10th St Unit 5811 Ocala, FL	3.0	2.0	1162	$1,649	$1.42	22d	1	0.60mi
985 NW 57th Ct Unit 985 Ocala, FL	3.0	2.0	1162	$1,649	$1.42	22d	1	0.61mi
985 NW 57th Ct Unit 987 Ocala, FL	3.0	2.0	1162	$1,697	$1.46	22d	1	0.61mi
933 NW 57th Ct Unit 935 Ocala, FL	3.0	2.0	1162	$1,649	$1.42	22d	1	0.64mi
5353 N US Highway 27 Ocala, FL	1.0–3.0	1.0–2.0	1169	$1,785	$1.53	22d	1	0.97mi
4530 NW 14th Loop Ocala, FL	3.0	2.5	1966	$2,250	$1.14	14d	1	0.99mi
311 NW 60th Ave Ocala, FL	3.0	2.0	1462	$1,900	$1.30	22d	1	1.15mi
5361 NW 33rd Pl Ocala, FL	2.0	2.0	1318	$2,500	$1.90	22d	1	1.18mi
5333 NW 33rd Pl Ocala, FL	2.0	2.0	1368	$2,300	$1.68	14d	1	1.18mi
3384 NW 54th Ct Ocala, FL	2.0	2.5	1722	$2,300	$1.34	22d	1	1.19mi
3335 NW 52nd Avenue Rd Ocala, FL	2.0	2.5	1318	$2,500	$1.90	22d	1	1.21mi
5471 NW 34th St Ocala, FL	2.0	2.0	1318	$2,900	$2.20	22d	1	1.22mi
5191 NW 34th St Ocala, FL	2.0	2.0	1318	$2,400	$1.82	22d	1	1.28mi
5048 NW 35th St Ocala, FL	3.0	2.0	1552	$1,900	$1.22	14d	1	1.31mi
5423 NW 35th Lane Rd Ocala, FL	2.0	2.0	1656	$3,200	$1.93	22d	1	1.34mi

HOA detail

• Monthly dues: $278 · $3,336/yr

Listing history 22 events

1. 2026-06-18
   days on market $201,400 Active 83 DOM
2. 2026-06-17
   days on market $201,400 Active 82 DOM
3. 2026-06-16
   days on market $201,400 Active 81 DOM
4. 2026-06-15
   days on market $201,400 Active 80 DOM
5. 2026-06-14
   days on market $201,400 Active 78 DOM
6. 2026-06-13
   days on market $201,400 Active 77 DOM
7. 2026-06-10
   days on market $201,400 Active 75 DOM
8. 2026-06-09
   days on market $201,400 Active 74 DOM
9. 2026-06-08
   days on market $201,400 Active 73 DOM
10. 2026-06-07
    days on market $201,400 Active 72 DOM
11. 2026-06-03
    days on market $201,400 Active 68 DOM
12. 2026-06-02
    days on market $201,400 Active 67 DOM
13. 2026-06-01
    days on market $201,400 Active 66 DOM
14. 2026-05-31
    days on market $201,400 Active 65 DOM
15. 2026-05-30
    days on market $201,400 Active 64 DOM
16. 2026-05-06
    price $201,400 631-char remark

    Show marketing remark (631 chars)

    Wonderful 2 bedroom 2 bath split bedroom home in highly sought after 55+ community of Ocala Palms. No carpet in this home! This property has a great outdoor kitchen so you can enjoy cooking outside and a bird cage screened porch, perfectly set up for entertaining. The inside kitchen has plenty of counter space too! The dining room, living room and main bedroom all have sliders out to the Florida rooom. Ocala Palms is a golf course community with lots of social clubs , classesk ect. Located super close to shopping , restaurants and 1-75 for traveling. No blind offers, buyer must view the property. NO assignable contracts.

17. 2026-04-24
    status Active 631-char remark

    Show marketing remark (631 chars)

    Wonderful 2 bedroom 2 bath split bedroom home in highly sought after 55+ community of Ocala Palms. No carpet in this home! This property has a great outdoor kitchen so you can enjoy cooking outside and a bird cage screened porch, perfectly set up for entertaining. The inside kitchen has plenty of counter space too! The dining room, living room and main bedroom all have sliders out to the Florida rooom. Ocala Palms is a golf course community with lots of social clubs , classesk ect. Located super close to shopping , restaurants and 1-75 for traveling. No blind offers, buyer must view the property. NO assignable contracts.

18. 2026-04-15
    status Pending 631-char remark

    Show marketing remark (631 chars)

    Wonderful 2 bedroom 2 bath split bedroom home in highly sought after 55+ community of Ocala Palms. No carpet in this home! This property has a great outdoor kitchen so you can enjoy cooking outside and a bird cage screened porch, perfectly set up for entertaining. The inside kitchen has plenty of counter space too! The dining room, living room and main bedroom all have sliders out to the Florida rooom. Ocala Palms is a golf course community with lots of social clubs , classesk ect. Located super close to shopping , restaurants and 1-75 for traveling. No blind offers, buyer must view the property. NO assignable contracts.

19. 2026-03-19
    listed $212,000 Active 631-char remark

    Show marketing remark (631 chars)

    Wonderful 2 bedroom 2 bath split bedroom home in highly sought after 55+ community of Ocala Palms. No carpet in this home! This property has a great outdoor kitchen so you can enjoy cooking outside and a bird cage screened porch, perfectly set up for entertaining. The inside kitchen has plenty of counter space too! The dining room, living room and main bedroom all have sliders out to the Florida rooom. Ocala Palms is a golf course community with lots of social clubs , classesk ect. Located super close to shopping , restaurants and 1-75 for traveling. No blind offers, buyer must view the property. NO assignable contracts.

20. 2025-11-21
    historical
21. 2025-11-03
    price $294,900
22. 2025-08-22
    listed $299,900 Active

ⓘ 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: $2,025 · $169/mo
• Projected year-2 tax: $2,025 · $169/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 3/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥107°F today · 22 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 · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,638
• − Mortgage interest: −$11,282
• − Property taxes: −$2,025
• − Insurance: −$1,007
• − Repairs & maintenance: −$1,971
• − Management: −$1,971
• − HOA: −$3,336
• − Depreciation: −$5,859
• Taxable loss: −$2,812
• Est. tax savings @ 24.0%: +$675
• After-tax cash flow: $1,097/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 — Ocala

• Score: 69/100
• State rank: #476
• US rank: #8461

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Marion County · 315,796 people
• City population: 263,375
• Metro: Ocala, FL
• Population (ZIP): 22,807
• Household income: $65,901
• Rent vs Own: 16.7% rent · 83.3% own
• Severe rent burden: 282.0

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: Majority White (63%)
• Race & ethnicity: White 63% Hispanic / Latino 19% Black 14% Two or more races 12%
• Hispanic origin (detail): Mexican 6% Puerto Rican 9% Cuban 2%
• Common ancestry: Lithuanian 2% Romanian 2% Slovak 2%
• Foreign-born: 10% · Canada
• Languages at home: 81% English-only · Spanish 16% 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: ▼ -133.62%
• Current HPI: 194.3857
• Rent YoY: ▲ 11.12%
• 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

-32.8% since first listed

7 events — show timeline

• 2026-05-06 Price Changed $201,400 Stellar MLS as Distributed by MLS Grid
• 2026-04-24 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-04-15 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-03-19 Listed $212,000 Stellar MLS as Distributed by MLS Grid
• 2025-11-21 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-11-03 Price Changed $294,900 Stellar MLS as Distributed by MLS Grid
• 2025-08-22 Listed $299,900 Stellar MLS as Distributed by MLS Grid

Property tax history

+3.4%/yr

Latest (2025): $2,025 · +13.6% YoY. Source: county tax records.