2030 Limpkin St · Gonzalez, FL 32533

$289,900

4 bd · 2.0 ba · 1,791 sqft · Land · 120 Days on market

Built 2026 6,263 sqft lot $162/sqft · at area comps Est $302k · at est. $42/mo HOA · 2% of rent ↓ 8% since listing

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Why this score? — see what drove the F 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 +9.3/15.0
• Cash flow +7.9/30.0
• Schools +3.6/10.0
• Livability +3.6/5.0
• 1% rule +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +1.9/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 2030 Limpkin St at Sanctuary! Step inside the Cali plan, a stunning 4 bed, 2 bath home. As you enter, you'll be greeted by three guest bedrooms, each boasting spacious closets. Moving towards the back of the house, you'll discover a captivating open concept kitchen and living room area. The kitchen features a stylish island with beautiful countertops, a generous pantry, and sleek stainless-steel appliances. Bedroom 1 is conveniently located just off the living area and offers a luxurious bathroom with a roomy walk-in closet. The interior of this home is adorned with beautiful LVP flooring throughout, complemented by cozy carpeting in the bedrooms. This home includes a Home is Connected smart home technology package which allows you to control your home with your smart device while near or away. Future residents will enjoy exceptional community amenities including a sparkling pool, relaxing cabana, and a grilling area. Schedule your tour today!

Key facts

• Quartz countertops
• Open concept kitchen
• Generous pantry

Tags

• OPEN CONCEPT KITCHEN
• STYLISH ISLAND
• QUARTZ COUNTERTOPS
• GENEROUS PANTRY
• STAINLESS STEEL APPLIANCES
• LUXURIOUS BATHROOM

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath land listed at $290k.

Deal economics

• At list price, monthly cash flow is $-312 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $245k (15.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $219k (24.3% below list).
• Recommended offer: $219k (24.3% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 71/100 on livability (#385 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, employment A; Watch: amenities F, commute F, health & safety F.
• Escambia (suburban): math 40% / reading 45% proficiency, ranked #56 of 73 in FL (top 77%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 513 active listings in the ZIP; solid renter incomes; 1,479 units permitted in Escambia County in 2024 (0 in 5+ unit buildings).
• This rent runs 31% of the median local income ($86k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
• Escambia 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 120 days — a 9% lower offer ($264k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $33k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Recommended offer $219,457 (24.3% 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 120 days. Have you received any prior offers? Is the seller open to a 24% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 0.76% ✗
• Cap rate: 5.00%
• Cash-on-cash: -4.61%
• DSCR: 0.79
• GRM: 11.0

CMA / ARV

• ARV (median comp): $302,236
• List price: $289,900
• Delta: -4.08%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: -24.1%
• Equity multiple: 0.18×
• Total profit: $-66,771
• Equity at exit: $43,225

10-year hold

• IRR: -19.2%
• Equity multiple: -0.03×
• Total profit: $-83,469
• Equity at exit: $25,065

Cash invested: $81,172 (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 32533

• Home prices YoY: -14.6%
• Active inventory: 513
• Price-to-rent: 11.0×

Monthly cashflow live

• Estimated rent: $2,195 medium
• Mortgage (P&I): −$1,520
• Tax est. 1.5%: −$362 /mo · $4,348/yr
• Insurance: −$121
• HOA: −$42
• Vacancy / Maint / Mgmt: −$461
• Net cashflow: $-312

Break-even live

Break-even rent $2,589

Max offer price $244,793

Occupancy floor —

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: $72,475
• Closing costs: $8,697
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $42 · $504/yr
• Likely covers: pool

Listing history 21 events

1. 2026-06-18
   days on market $289,900 Active 120 DOM
2. 2026-06-17
   days on market $289,900 Active 119 DOM
3. 2026-06-16
   days on market $289,900 Active 118 DOM
4. 2026-06-15
   days on market $289,900 Active 117 DOM
5. 2026-06-14
   days on market $289,900 Active 115 DOM
6. 2026-06-10
   days on market $289,900 Active 112 DOM
7. 2026-06-09
   days on market $289,900 Active 111 DOM
8. 2026-06-08
   days on market $289,900 Active 110 DOM
9. 2026-06-07
   pricedays on market $289,900 Active 109 DOM
10. 2026-06-03
    days on market $292,900 Active 105 DOM
11. 2026-06-02
    pricedays on market $292,900 Active 104 DOM
12. 2026-06-01
    days on market $294,900 Active 103 DOM
13. 2026-05-31
    days on market $294,900 Active 102 DOM
14. 2026-05-31
    days on market $294,900 Active 101 DOM
15. 2026-05-18
    price $297,900 969-char remark

    Show marketing remark (969 chars)

    Welcome to 2030 Limpkin St at Sanctuary! Step inside the Cali plan, a stunning 4 bed, 2 bath home. As you enter, you'll be greeted by three guest bedrooms, each boasting spacious closets. Moving towards the back of the house, you'll discover a captivating open concept kitchen and living room area. The kitchen features a stylish island with beautiful countertops, a generous pantry, and sleek stainless-steel appliances. Bedroom 1 is conveniently located just off the living area and offers a luxurious bathroom with a roomy walk-in closet. The interior of this home is adorned with beautiful LVP flooring throughout, complemented by cozy carpeting in the bedrooms. This home includes a Home is Connected smart home technology package which allows you to control your home with your smart device while near or away. Future residents will enjoy exceptional community amenities including a sparkling pool, relaxing cabana, and a grilling area. Schedule your tour today!

16. 2026-05-08
    price $304,900 969-char remark

    Show marketing remark (969 chars)

    Welcome to 2030 Limpkin St at Sanctuary! Step inside the Cali plan, a stunning 4 bed, 2 bath home. As you enter, you'll be greeted by three guest bedrooms, each boasting spacious closets. Moving towards the back of the house, you'll discover a captivating open concept kitchen and living room area. The kitchen features a stylish island with beautiful countertops, a generous pantry, and sleek stainless-steel appliances. Bedroom 1 is conveniently located just off the living area and offers a luxurious bathroom with a roomy walk-in closet. The interior of this home is adorned with beautiful LVP flooring throughout, complemented by cozy carpeting in the bedrooms. This home includes a Home is Connected smart home technology package which allows you to control your home with your smart device while near or away. Future residents will enjoy exceptional community amenities including a sparkling pool, relaxing cabana, and a grilling area. Schedule your tour today!

17. 2026-03-30
    price $309,900 969-char remark

    Show marketing remark (969 chars)

    Welcome to 2030 Limpkin St at Sanctuary! Step inside the Cali plan, a stunning 4 bed, 2 bath home. As you enter, you'll be greeted by three guest bedrooms, each boasting spacious closets. Moving towards the back of the house, you'll discover a captivating open concept kitchen and living room area. The kitchen features a stylish island with beautiful countertops, a generous pantry, and sleek stainless-steel appliances. Bedroom 1 is conveniently located just off the living area and offers a luxurious bathroom with a roomy walk-in closet. The interior of this home is adorned with beautiful LVP flooring throughout, complemented by cozy carpeting in the bedrooms. This home includes a Home is Connected smart home technology package which allows you to control your home with your smart device while near or away. Future residents will enjoy exceptional community amenities including a sparkling pool, relaxing cabana, and a grilling area. Schedule your tour today!

18. 2026-03-13
    price $307,900 969-char remark

    Show marketing remark (969 chars)

    Welcome to 2030 Limpkin St at Sanctuary! Step inside the Cali plan, a stunning 4 bed, 2 bath home. As you enter, you'll be greeted by three guest bedrooms, each boasting spacious closets. Moving towards the back of the house, you'll discover a captivating open concept kitchen and living room area. The kitchen features a stylish island with beautiful countertops, a generous pantry, and sleek stainless-steel appliances. Bedroom 1 is conveniently located just off the living area and offers a luxurious bathroom with a roomy walk-in closet. The interior of this home is adorned with beautiful LVP flooring throughout, complemented by cozy carpeting in the bedrooms. This home includes a Home is Connected smart home technology package which allows you to control your home with your smart device while near or away. Future residents will enjoy exceptional community amenities including a sparkling pool, relaxing cabana, and a grilling area. Schedule your tour today!

19. 2026-03-11
    price $304,900 969-char remark

    Show marketing remark (969 chars)

    Welcome to 2030 Limpkin St at Sanctuary! Step inside the Cali plan, a stunning 4 bed, 2 bath home. As you enter, you'll be greeted by three guest bedrooms, each boasting spacious closets. Moving towards the back of the house, you'll discover a captivating open concept kitchen and living room area. The kitchen features a stylish island with beautiful countertops, a generous pantry, and sleek stainless-steel appliances. Bedroom 1 is conveniently located just off the living area and offers a luxurious bathroom with a roomy walk-in closet. The interior of this home is adorned with beautiful LVP flooring throughout, complemented by cozy carpeting in the bedrooms. This home includes a Home is Connected smart home technology package which allows you to control your home with your smart device while near or away. Future residents will enjoy exceptional community amenities including a sparkling pool, relaxing cabana, and a grilling area. Schedule your tour today!

20. 2026-02-28
    listed $322,900 Active 1498-char remark

    Show marketing remark (1498 chars)

    Welcome to The Cali plan at Sanctuary! The Cali presents an elegantly crafted residence featuring four bedrooms and two bathrooms, characterized by an open layout ideal for hosting gatherings. Upon entry, one is greeted by exquisite, engineered vinyl plank flooring that extends throughout the common areas and bathrooms, while the bedrooms are adorned with carpeting. The kitchen boasts stunning quartz countertops complemented by an undermount sink, a full suite of stainless-steel appliances, a generous island bar for additional seating, and a convenient corner pantry. The dining area provides a view of the kitchen and offers seamless access to the back porch. The primary bedroom includes a sizable walk-in closet and an adjoining bathroom that showcases a double quartz vanity, a spacious shower, and a linen closet. Bedrooms two and three are situated at the front of the home, each featuring walk-in closets and sharing a well-appointed full guest bathroom in the hallway. Bedroom four, which also includes a walk-in closet, is conveniently located near the laundry room, and could serve as an excellent office space. Additionally, this home features a serene covered back porch and a generous yard, making it an ideal setting for entertaining. Each home is built with our Smart Home Connected package. This plan is designed with modern amenities and the convenience of everyday life in mind. Schedule your tour of the Cali today! The Smart Home Connected package includes a KwikSet keyl

21. 2026-02-18
    listed $322,900 Active 969-char remark

    Show marketing remark (969 chars)

    Welcome to 2030 Limpkin St at Sanctuary! Step inside the Cali plan, a stunning 4 bed, 2 bath home. As you enter, you'll be greeted by three guest bedrooms, each boasting spacious closets. Moving towards the back of the house, you'll discover a captivating open concept kitchen and living room area. The kitchen features a stylish island with beautiful countertops, a generous pantry, and sleek stainless-steel appliances. Bedroom 1 is conveniently located just off the living area and offers a luxurious bathroom with a roomy walk-in closet. The interior of this home is adorned with beautiful LVP flooring throughout, complemented by cozy carpeting in the bedrooms. This home includes a Home is Connected smart home technology package which allows you to control your home with your smart device while near or away. Future residents will enjoy exceptional community amenities including a sparkling pool, relaxing cabana, and a grilling area. Schedule your tour today!

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Taxation est. · year 1

• Rental income: $26,335
• − Mortgage interest: −$16,239
• − Property taxes: −$4,348
• − Insurance: −$1,450
• − Repairs & maintenance: −$2,107
• − Management: −$2,107
• − HOA: −$504
• − Depreciation: −$8,433
• Taxable loss: −$8,853
• Est. tax savings @ 24.0%: +$2,125
• After-tax cash flow: $-1,616/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: Escambia
• NCES district ID: 1200510
• Math proficiency: 40% ▼ -9.00%
• Reading proficiency: 45% ▼ -4.00%
• Median HH income: $44,649
• Composite: 36.04/100
• National rank: #4773
• State rank: #56 of 73 in FL

Livability — Gonzalez

• Score: 71/100
• State rank: #385
• US rank: #6813

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Escambia County · 301,722 people
• Metro: Pensacola-Ferry Pass-Brent, FL
• Population (ZIP): 31,860
• Household income: $86,087
• Rent vs Own: 15.4% rent · 84.6% own
• Severe rent burden: 389.0

Population outlook (Escambia County) Hauer SSP2

• Today (2025): 334,637 people
• By 2030: 345,779 · +3.3%
• By 2040: 364,828 · +9.0%
• By 2050: 378,514 · +13.1%
• By 2075: 403,220 · +20.5%
• By 2100: 386,125 · +15.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (74%)
• Race & ethnicity: White 74% Black 12% Two or more races 8% Hispanic / Latino 4% Asian 3%
• Common ancestry: Italian 2% Serbian 2% Lithuanian 2%
• Foreign-born: 3% · Canada, Guatemala, China
• Languages at home: 96% English-only · Spanish 2% Vietnamese 1%

Political lean MEDSL · Escambia

• 2024 margin: R (+19.5) · D 39.7% · R 59.2% · Other 1.1%
• 2008→2024 swing: -0.2pp no change · 2008: -19.3pp · 2024: -19.5pp
• All cycles: 2024: R+19.5 2020: R+15.1 2016: R+20.6 2012: R+20.6 2008: R+19.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -44.13%
• Current HPI: 259.2605
• Rent YoY: —
• Metro: Pensacola-Ferry Pass-Brent, 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

-7.7% since first listed

7 events — show timeline

• 2026-05-18 Price Changed $297,900 PARMLS
• 2026-05-08 Price Changed $304,900 PARMLS
• 2026-03-30 Price Changed $309,900 PARMLS
• 2026-03-13 Price Changed $307,900 PARMLS
• 2026-03-11 Price Changed $304,900 PARMLS
• 2026-02-28 Listed $322,900 Zillow
• 2026-02-18 Listed $322,900 PARMLS