14182 SE 62nd Ct · Belleview, FL 34491

$194,000

4 bd · 2.0 ba · 1,620 sqft · Manufactured public records · 21 Days on market

Built 1999 0.34 ac lot Est $194k · at est.

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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).

• Cash flow +25.3/30.0
• DSCR +8.3/10.0
• ARV discount +7.6/15.0
• 1% rule +6.5/10.0
• Schools +3.6/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome home! This move in ready 4/2 Plus Den/Office has everything you need! Open concept with split bedroom floorplan, large master bedroom, master bath features his & hers sinks with walk in shower and garden tub. Guest bath also has dual sinks and tub/shower combo. Two of the guest bedrooms have walk in closets. Spacious eat in kitchen with breakfast bar and plenty of cabinet space. Inside laundry. Freshly painted interior and new laminate flooring. New AC 2019, Roof 2014. Nothing left for you to do but move in! Conveniently located close to The Villages, Belleview, Ocala and I-75! Don't wait, schedule your personal tour today!

Key facts

• Breakfast nook
• Eat-in kitchen
• Open concept layout

Tags

• DEDICATED DEN OR OFFICE
• SPLIT-BEDROOM FLOOR PLAN
• OPEN CONCEPT LAYOUT
• EAT-IN KITCHEN
• BREAKFAST NOOK
• STAINLESS STEEL APPLIANCES

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath manufactured listed at $194k.

Deal economics

• At list price, monthly cash flow is $441 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $194k).
• Recommended offer: $191k (1.5% below list) — sets the bar for market timing.
• Cap rate 9.0% vs local median 4.5% in Belleview — 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 (#458 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.
• Zoned schools: Harbour View Elementary School (math 41% / reading 38%, grade F, #1,513 of 2,144 statewide, top 73%, 819 students, 71% FRL); Belleview High School (math 31% / reading 46%, grade F, #321 of 667 statewide, top 49%, 1,783 students, 56% FRL) — zoned schools at 64% FRL track the district average.
• Market conditions: 705 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 21d 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 40% 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 $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 21 days — a 2% lower offer ($191k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 19y 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.
• Current owner paid $160k; 21% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

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

Recommended offer $191,090 (1.5% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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?
4. 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.
5. 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.
6. 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: 1.15% ✓
• Cap rate: 9.02%
• Cash-on-cash: 9.74%
• DSCR: 1.43
• GRM: 7.2

CMA / ARV

• ARV (on-the-fly): $194,400
• Comps found: 2

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
14182 SE 62nd Ct	0.00mi	4/2.0	1,620 (0%)	1mo	$194,000	$120	100
14093 SE 62nd Ct	0.11mi	4/3.0	1,856 (+15%)	3mo	$207,700	$112	64

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -1.6%
• Equity multiple: 0.94×
• Total profit: $-3,340
• Equity at exit: $28,926

10-year hold

• IRR: 8.1%
• Equity multiple: 1.61×
• Total profit: $33,335
• Equity at exit: $16,774

Cash invested: $54,320 (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 34491

• Home prices YoY: -35.0%
• Active inventory: 705
• Price-to-rent: 7.2×

Monthly cashflow live

• Estimated rent: $2,234 medium
• Mortgage (P&I): −$1,017
• Tax from tax record: −$226 /mo · $2,708/yr
• Insurance: −$81
• HOA: −$0
• Vacancy / Maint / Mgmt: −$469
• Net cashflow: $441

Break-even live

Break-even rent $1,676

Max offer price $194,000

Occupancy floor 75%

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: $48,500
• Closing costs: $5,820
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
13705 SE 54th Ct Summerfield, FL	3.0	2.0	1416	$1,895	$1.34	21d	1	0.83mi
13609 SE 53rd Ave Summerfield, FL	3.0	2.0	1270	$1,940	$1.53	21d	1	0.98mi
16152 SE 77th Ct Summerfield, FL	1.0–3.0	1.0–2.0	1140	$2,185	$1.92	14d	15	1.48mi

Listing history 15 events

1. 2026-04-22
   status Pending
2. 2026-04-21
   price $194,000
3. 2026-04-01
   listed $199,000 Active
4. 2022-02-24
   soldstatus $159,900
5. 2022-02-17
   soldstatus $159,900 Closed 648-char remark

   Show marketing remark (648 chars)

   Welcome home! This move in ready 4/2 Plus Den/Office has everything you need! Open concept with split bedroom floorplan, large master bedroom, master bath features his & hers sinks with walk in shower and garden tub. Guest bath also has dual sinks and tub/shower combo. Two of the guest bedrooms have walk in closets. Spacious eat in kitchen with breakfast bar and plenty of cabinet space. Inside laundry. Freshly painted interior and new laminate flooring. New AC 2019, Roof 2014. Nothing left for you to do but move in! Conveniently located close to The Villages, Belleview, Ocala and I-75! Don't wait, schedule your personal tour today!

6. 2022-01-03
   status Pending 648-char remark

   Show marketing remark (648 chars)

   Welcome home! This move in ready 4/2 Plus Den/Office has everything you need! Open concept with split bedroom floorplan, large master bedroom, master bath features his & hers sinks with walk in shower and garden tub. Guest bath also has dual sinks and tub/shower combo. Two of the guest bedrooms have walk in closets. Spacious eat in kitchen with breakfast bar and plenty of cabinet space. Inside laundry. Freshly painted interior and new laminate flooring. New AC 2019, Roof 2014. Nothing left for you to do but move in! Conveniently located close to The Villages, Belleview, Ocala and I-75! Don't wait, schedule your personal tour today!

7. 2021-12-03
   status Active 648-char remark

   Show marketing remark (648 chars)

   Welcome home! This move in ready 4/2 Plus Den/Office has everything you need! Open concept with split bedroom floorplan, large master bedroom, master bath features his & hers sinks with walk in shower and garden tub. Guest bath also has dual sinks and tub/shower combo. Two of the guest bedrooms have walk in closets. Spacious eat in kitchen with breakfast bar and plenty of cabinet space. Inside laundry. Freshly painted interior and new laminate flooring. New AC 2019, Roof 2014. Nothing left for you to do but move in! Conveniently located close to The Villages, Belleview, Ocala and I-75! Don't wait, schedule your personal tour today!

8. 2021-12-03
   price $159,900 648-char remark

   Show marketing remark (648 chars)

   Welcome home! This move in ready 4/2 Plus Den/Office has everything you need! Open concept with split bedroom floorplan, large master bedroom, master bath features his & hers sinks with walk in shower and garden tub. Guest bath also has dual sinks and tub/shower combo. Two of the guest bedrooms have walk in closets. Spacious eat in kitchen with breakfast bar and plenty of cabinet space. Inside laundry. Freshly painted interior and new laminate flooring. New AC 2019, Roof 2014. Nothing left for you to do but move in! Conveniently located close to The Villages, Belleview, Ocala and I-75! Don't wait, schedule your personal tour today!

9. 2021-11-03
   status Pending 648-char remark

   Show marketing remark (648 chars)

   Welcome home! This move in ready 4/2 Plus Den/Office has everything you need! Open concept with split bedroom floorplan, large master bedroom, master bath features his & hers sinks with walk in shower and garden tub. Guest bath also has dual sinks and tub/shower combo. Two of the guest bedrooms have walk in closets. Spacious eat in kitchen with breakfast bar and plenty of cabinet space. Inside laundry. Freshly painted interior and new laminate flooring. New AC 2019, Roof 2014. Nothing left for you to do but move in! Conveniently located close to The Villages, Belleview, Ocala and I-75! Don't wait, schedule your personal tour today!

10. 2021-10-21
    price $149,900 648-char remark

    Show marketing remark (648 chars)

    Welcome home! This move in ready 4/2 Plus Den/Office has everything you need! Open concept with split bedroom floorplan, large master bedroom, master bath features his & hers sinks with walk in shower and garden tub. Guest bath also has dual sinks and tub/shower combo. Two of the guest bedrooms have walk in closets. Spacious eat in kitchen with breakfast bar and plenty of cabinet space. Inside laundry. Freshly painted interior and new laminate flooring. New AC 2019, Roof 2014. Nothing left for you to do but move in! Conveniently located close to The Villages, Belleview, Ocala and I-75! Don't wait, schedule your personal tour today!

11. 2021-09-21
    listed $158,000 Active 648-char remark

    Show marketing remark (648 chars)

    Welcome home! This move in ready 4/2 Plus Den/Office has everything you need! Open concept with split bedroom floorplan, large master bedroom, master bath features his & hers sinks with walk in shower and garden tub. Guest bath also has dual sinks and tub/shower combo. Two of the guest bedrooms have walk in closets. Spacious eat in kitchen with breakfast bar and plenty of cabinet space. Inside laundry. Freshly painted interior and new laminate flooring. New AC 2019, Roof 2014. Nothing left for you to do but move in! Conveniently located close to The Villages, Belleview, Ocala and I-75! Don't wait, schedule your personal tour today!

12. 2008-01-28
    soldstatus $95,000 512-char remark

    Show marketing remark (512 chars)

    What a steal!! 5br/2ba spacious DBW on . 34 acre. This home has an inviting layout that features a split flr plan w/ cath. ceilings & crown molding thru out, a huge great room, spacious kit. w/ plenty of cabinets and countertops space, eat-in kit. & a laundry rm. All of the bedrms have walk-in closets, and the master has a huge bathrm that includes a beautiful garden tub w/ glass blocks in the wall, a full size shower, and best of all a double vanity sink. This home is way under priced. Call now!

13. 2007-12-03
    soldstatus $97,857
14. 2007-09-20
    listed $95,000 512-char remark

    Show marketing remark (512 chars)

    What a steal!! 5br/2ba spacious DBW on . 34 acre. This home has an inviting layout that features a split flr plan w/ cath. ceilings & crown molding thru out, a huge great room, spacious kit. w/ plenty of cabinets and countertops space, eat-in kit. & a laundry rm. All of the bedrms have walk-in closets, and the master has a huge bathrm that includes a beautiful garden tub w/ glass blocks in the wall, a full size shower, and best of all a double vanity sink. This home is way under priced. Call now!

15. 1999-08-30
    soldstatus $15,400

ⓘ 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: $2,708 · $226/mo
• Projected year-2 tax: $2,708 · $226/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 5/10 Major
• 🌡 Heat 9/10 Extreme 7 d/yr ≥109°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 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,804
• − Mortgage interest: −$10,867
• − Property taxes: −$2,708
• − Insurance: −$970
• − Repairs & maintenance: −$2,144
• − Management: −$2,144
• − Depreciation: −$5,644
• Taxable income: $2,327
• Est. tax owed @ 24.0%: −$559
• After-tax cash flow: $4,731/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 — Belleview

• Score: 69/100
• State rank: #458
• US rank: #8314

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Marion County · 315,796 people
• City population: 19,167
• Metro: Ocala, FL
• Population (ZIP): 33,318
• Household income: $66,679
• Rent vs Own: 13.2% rent · 86.8% own
• Severe rent burden: 256.0

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: Predominantly White (77%)
• Race & ethnicity: White 77% Hispanic / Latino 14% Two or more races 9% Black 4% Asian 2%
• Hispanic origin (detail): Mexican 3% Puerto Rican 6% Cuban 1%
• Common ancestry: Lithuanian 3% Slovak 2% Romanian 2%
• Foreign-born: 8% · Canada, Vietnam, Jamaica
• Languages at home: 85% English-only · Spanish 11% Vietnamese 1% French/Haitian/Cajun 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: ▼ -107.67%
• Current HPI: 200.0792
• Rent YoY: —
• 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

+1159.7% since first listed

15 events — show timeline

• 2026-04-22 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-04-21 Price Changed $194,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-01 Listed $199,000 Stellar MLS as Distributed by MLS Grid
• 2022-02-24 Sold (Public Records) $159,900 Public Records
• 2022-02-17 Sold (MLS) $159,900 Stellar MLS as Distributed by MLS Grid
• 2022-01-03 Pending — Stellar MLS as Distributed by MLS Grid
• 2021-12-03 Relisted — Stellar MLS as Distributed by MLS Grid
• 2021-12-03 Price Changed $159,900 Stellar MLS as Distributed by MLS Grid
• 2021-11-03 Pending — Stellar MLS as Distributed by MLS Grid
• 2021-10-21 Price Changed $149,900 Stellar MLS as Distributed by MLS Grid
• 2021-09-21 Listed $158,000 Stellar MLS as Distributed by MLS Grid
• 2008-01-28 Sold (MLS) $95,000 Stellar MLS as Distributed by MLS Grid
• 2007-12-03 Sold (Public Records) $97,857 Public Records
• 2007-09-20 Listed $95,000 Stellar MLS as Distributed by MLS Grid
• 1999-08-30 Sold (Public Records) $15,400 Public Records

Property tax history

+9.8%/yr

Latest (2025): $2,708 · +7.5% YoY. Source: county tax records.