4504 NW 32nd St · Ocala, FL 34482

$249,900

3 bd · 2.0 ba · 1,224 sqft · SingleFamily public records · 117 Days on market

Built 1989 0.26 ac lot $204/sqft · at area comps Est $251k · at est. $36/mo HOA · 2% of rent

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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 +17.6/30.0
• ARV discount +7.8/15.0
• DSCR +5.5/10.0
• Rent growth +5.0/5.0
• 1% rule +4.5/10.0
• Schools +3.6/10.0
• Livability +3.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome Home to Easy Living in Quail Meadow. Tucked away on a paved road in the desirable 55+ Quail Meadow community, this beautifully maintained home offers the perfect blend of comfort, privacy, and relaxed living. Set on a spacious lot with fenced back yard for pet lovers, the split-bedroom layout creates a peaceful retreat for both everyday life and visiting guests. Step inside to a light-filled, open-concept living and dining area where doors invite you out to a private patio—an ideal spot for morning coffee, quiet evenings, or entertaining friends. The generous primary suite features a large walk-in closet and a calming atmosphere designed for rest and retreat. Two additional bedrooms provide flexible space for guests, a home office, or favorite hobbies. Enjoy the convenience of a two-car garage and the welcoming sense of community that makes Quail Meadow so special. Residents enjoy a clubhouse, heated pool, and a full calendar of weekly activities—perfect for staying active, social, and engaged. This move-in-ready home invites you to slow down, settle in, and truly enjoy the lifestyle you’ve earned.

Key facts

• Split-bedroom layout
• Fenced back yard
• Private patio

Tags

• FENCED BACK YARD
• SPLIT-BEDROOM LAYOUT
• PRIVATE PATIO
• LARGE WALK-IN CLOSET
• TWO-CAR GARAGE
• HEATED POOL

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $250k.

Deal economics

• At list price, monthly cash flow is $196 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $237k (5.3% below list).
• Recommended offer: $227k (9.0% below list) — sets the bar for market timing.
• Cap rate 7.2% 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; 12 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 43% 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 $2k of loan paydown is wiped out by about $7k 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.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $70k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 117 days — a 9% lower offer ($227k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 22y ago; this cycle's ask has dropped $14k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $51k; list at $250k implies a 393% 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; 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 $227,409 (9.0% below list)

Questions for the listing agent

1. It's been on market 117 days. Have you received any prior offers? Is the seller open to a 9% 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. 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: 0.95% ✗
• Cap rate: 7.23%
• Cash-on-cash: 3.36%
• DSCR: 1.15
• GRM: 8.8

CMA / ARV

• ARV (median comp): $251,486
• List price: $249,900
• Delta: -0.63%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3303 NW 44th Ter	0.10mi	2/2.0 (-1)	1,224 (0%)	13mo	$243,500	$199	80
5190 NW 26th Ln	0.75mi	2/2.0 (-1)	1,344 (+10%)	2mo	$215,000	$160	42

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: -5.7%
• Equity multiple: 0.78×
• Total profit: $-15,524
• Equity at exit: $37,261

10-year hold

• IRR: 9.1%
• Equity multiple: 1.85×
• Total profit: $59,458
• Equity at exit: $21,607

Cash invested: $69,972 (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: 8.8×

Monthly cashflow live

• Estimated rent: $2,366 high
• Mortgage (P&I): −$1,311
• Tax from tax record: −$223 /mo · $2,676/yr
• Insurance: −$104
• HOA: −$36
• Vacancy / Maint / Mgmt: −$497
• Net cashflow: $196

Break-even live

Break-even rent $2,119

Max offer price $249,900

Occupancy floor 87%

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: $62,475
• Closing costs: $7,497
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3335 NW 52nd Avenue Rd Ocala, FL	2.0	2.5	1318	$2,500	$1.90	21d	1	0.69mi
5353 N US Highway 27 Ocala, FL	1.0–3.0	1.0–2.0	1169	$2,045	$1.75	21d	1	0.70mi
5191 NW 34th St Ocala, FL	2.0	2.0	1318	$2,400	$1.82	21d	1	0.73mi
5333 NW 33rd Pl Ocala, FL	2.0	2.0	1368	$2,300	$1.68	13d	1	0.81mi
5361 NW 33rd Pl Ocala, FL	2.0	2.0	1318	$2,500	$1.90	21d	1	0.82mi
5471 NW 34th St Ocala, FL	2.0	2.0	1318	$2,900	$2.20	21d	1	0.92mi
2048 NW 50th Ave Ocala, FL	2.0	2.0	1062	$2,250	$2.12	21d	1	0.93mi
2038 NW 50th Ave Ocala, FL	2.0	2.0	1062	$2,250	$2.12	21d	1	0.94mi
2028 NW 50th Ave Ocala, FL	2.0	2.0	1066	$1,595	$1.50	21d	1	0.95mi
1918 NW 50th Cir Ocala, FL	2.0	2.0	1061	$2,200	$2.07	21d	1	1.00mi
5399 NW 18th St Ocala, FL	2.0	2.0	1085	$2,100	$1.94	21d	1	1.30mi
5399 NW 18th St Ocala, FL	2.0	2.0	1085	$2,100	$1.94	13d	1	1.30mi

HOA detail

• Monthly dues: $36 · $432/yr
• Likely covers: pool

Listing history 26 events

1. 2026-06-18
   days on market $249,900 Active 117 DOM
2. 2026-06-17
   days on market $249,900 Active 116 DOM
3. 2026-06-16
   days on market $249,900 Active 115 DOM
4. 2026-06-15
   days on market $249,900 Active 114 DOM
5. 2026-06-14
   days on market $249,900 Active 112 DOM
6. 2026-06-13
   days on market $249,900 Active 111 DOM
7. 2026-06-10
   days on market $249,900 Active 109 DOM
8. 2026-06-09
   days on market $249,900 Active 108 DOM
9. 2026-06-08
   days on market $249,900 Active 107 DOM
10. 2026-06-07
    remarks 699-char remark
11. 2026-06-07
    days on market $249,900 Active 106 DOM
12. 2026-06-03
    days on market $249,900 Active 102 DOM
13. 2026-06-02
    days on market $249,900 Active 101 DOM
14. 2026-06-01
    days on market $249,900 Active 100 DOM
15. 2026-05-31
    days on market $249,900 Active 99 DOM
16. 2026-05-30
    days on market $249,900 Active 98 DOM
17. 2026-05-11
    status Active 1141-char remark

    Show marketing remark (1141 chars)

    Welcome Home to Easy Living in Quail Meadow. Tucked away on a paved road in the desirable 55+ Quail Meadow community, this beautifully maintained home offers the perfect blend of comfort, privacy, and relaxed living. Set on a spacious lot with fenced back yard for pet lovers, the split-bedroom layout creates a peaceful retreat for both everyday life and visiting guests. Step inside to a light-filled, open-concept living and dining area where doors invite you out to a private patio—an ideal spot for morning coffee, quiet evenings, or entertaining friends. The generous primary suite features a large walk-in closet and a calming atmosphere designed for rest and retreat. Two additional bedrooms provide flexible space for guests, a home office, or favorite hobbies. Enjoy the convenience of a two-car garage and the welcoming sense of community that makes Quail Meadow so special. Residents enjoy a clubhouse, heated pool, and a full calendar of weekly activities—perfect for staying active, social, and engaged. This move-in-ready home invites you to slow down, settle in, and truly enjoy the lifestyle you’ve earned.

18. 2026-05-01
    status Pending 1141-char remark

    Show marketing remark (1141 chars)

    Welcome Home to Easy Living in Quail Meadow. Tucked away on a paved road in the desirable 55+ Quail Meadow community, this beautifully maintained home offers the perfect blend of comfort, privacy, and relaxed living. Set on a spacious lot with fenced back yard for pet lovers, the split-bedroom layout creates a peaceful retreat for both everyday life and visiting guests. Step inside to a light-filled, open-concept living and dining area where doors invite you out to a private patio—an ideal spot for morning coffee, quiet evenings, or entertaining friends. The generous primary suite features a large walk-in closet and a calming atmosphere designed for rest and retreat. Two additional bedrooms provide flexible space for guests, a home office, or favorite hobbies. Enjoy the convenience of a two-car garage and the welcoming sense of community that makes Quail Meadow so special. Residents enjoy a clubhouse, heated pool, and a full calendar of weekly activities—perfect for staying active, social, and engaged. This move-in-ready home invites you to slow down, settle in, and truly enjoy the lifestyle you’ve earned.

19. 2026-03-13
    price $249,900 1141-char remark

    Show marketing remark (1141 chars)

    Welcome Home to Easy Living in Quail Meadow. Tucked away on a paved road in the desirable 55+ Quail Meadow community, this beautifully maintained home offers the perfect blend of comfort, privacy, and relaxed living. Set on a spacious lot with fenced back yard for pet lovers, the split-bedroom layout creates a peaceful retreat for both everyday life and visiting guests. Step inside to a light-filled, open-concept living and dining area where doors invite you out to a private patio—an ideal spot for morning coffee, quiet evenings, or entertaining friends. The generous primary suite features a large walk-in closet and a calming atmosphere designed for rest and retreat. Two additional bedrooms provide flexible space for guests, a home office, or favorite hobbies. Enjoy the convenience of a two-car garage and the welcoming sense of community that makes Quail Meadow so special. Residents enjoy a clubhouse, heated pool, and a full calendar of weekly activities—perfect for staying active, social, and engaged. This move-in-ready home invites you to slow down, settle in, and truly enjoy the lifestyle you’ve earned.

20. 2026-02-11
    listed $264,400 Active 1141-char remark

    Show marketing remark (1141 chars)

    Welcome Home to Easy Living in Quail Meadow. Tucked away on a paved road in the desirable 55+ Quail Meadow community, this beautifully maintained home offers the perfect blend of comfort, privacy, and relaxed living. Set on a spacious lot with fenced back yard for pet lovers, the split-bedroom layout creates a peaceful retreat for both everyday life and visiting guests. Step inside to a light-filled, open-concept living and dining area where doors invite you out to a private patio—an ideal spot for morning coffee, quiet evenings, or entertaining friends. The generous primary suite features a large walk-in closet and a calming atmosphere designed for rest and retreat. Two additional bedrooms provide flexible space for guests, a home office, or favorite hobbies. Enjoy the convenience of a two-car garage and the welcoming sense of community that makes Quail Meadow so special. Residents enjoy a clubhouse, heated pool, and a full calendar of weekly activities—perfect for staying active, social, and engaged. This move-in-ready home invites you to slow down, settle in, and truly enjoy the lifestyle you’ve earned.

21. 2015-05-12
    soldstatus $50,700 360-char remark

    Show marketing remark (360 chars)

    Located in convenient Quail Meadow a 55+ Community This3 Bedroom features 2 Full baths with a split bedroom plan. Finished enclosed lanai to enjoy those Florida Summer nights. Tile floors through out the living and wet areas, carpet in Bedrooms, Cathedral ceilings. Eat in kitchen with a spacious Family dining combination, fenced back yard and a 2 Car Garage!

22. 2015-02-04
    listed $33,000 360-char remark

    Show marketing remark (360 chars)

    Located in convenient Quail Meadow a 55+ Community This3 Bedroom features 2 Full baths with a split bedroom plan. Finished enclosed lanai to enjoy those Florida Summer nights. Tile floors through out the living and wet areas, carpet in Bedrooms, Cathedral ceilings. Eat in kitchen with a spacious Family dining combination, fenced back yard and a 2 Car Garage!

23. 2005-01-16
    historical
24. 2004-07-16
    listed $120,000
25. 1999-06-17
    soldstatus $70,000
26. 1989-08-01
    soldstatus $69,900

ⓘ 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: $2,676 · $223/mo
• Projected year-2 tax: $2,676 · $223/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 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: $28,395
• − Mortgage interest: −$13,998
• − Property taxes: −$2,676
• − Insurance: −$1,250
• − Repairs & maintenance: −$2,272
• − Management: −$2,272
• − HOA: −$432
• − Depreciation: −$7,270
• Taxable loss: −$1,774
• Est. tax savings @ 24.0%: +$426
• After-tax cash flow: $2,774/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

+257.5% since first listed

10 events — show timeline

• 2026-05-11 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-05-01 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-03-13 Price Changed $249,900 Stellar MLS as Distributed by MLS Grid
• 2026-02-11 Listed $264,400 Stellar MLS as Distributed by MLS Grid
• 2015-05-12 Sold (MLS) $50,700 Stellar MLS as Distributed by MLS Grid
• 2015-02-04 Listed $33,000 Stellar MLS as Distributed by MLS Grid
• 2005-01-16 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2004-07-16 Listed $120,000 Stellar MLS as Distributed by MLS Grid
• 1999-06-17 Sold (Public Records) $70,000 Public Records
• 1989-08-01 Sold (Public Records) $69,900 Public Records

Property tax history

+5.9%/yr

Latest (2025): $2,676 · +6.8% YoY. Source: county tax records.