9151 Lingrove Rd · North Weeki Wachee, FL 34613

$185,000

3 bd · 2.0 ba · 1,279 sqft · SingleFamily public records · 88 Days on market

Built 1988 5,153 sqft lot Est $281k · 34% under · waterfront $324/mo HOA · 16% of rent

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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 +13.0/30.0
• 1% rule +5.9/10.0
• Schools +4.2/10.0
• DSCR +3.9/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This charming bungalow-style villa is just as beautiful inside as it is outside, offering 3 bedrooms, 2 bathrooms, a Florida Room, and a single-car carport, all set against a peaceful backdrop of conservation views and a serene pond. Located in the desirable Heather Sound community, residents enjoy access to a community pool and hot tub, enhancing the relaxed Florida lifestyle. The carport features a decorative finished floor that adds a unique and polished touch, while the roof is only 6 years old for added peace of mind. As you enter through the foyer, you are welcomed into an open-concept layout that seamlessly blends the living room, dining area, and kitchen, with a convenient coat closet immediately to your right. The main living spaces are finished with wood-look luxury vinyl plank flooring, and the vaulted ceiling creates an airy, spacious feel. The living room features sliding glass doors that lead directly to the Florida Room, extending your living space and bringing in natural light. The kitchen is quaint and functional, offering white cabinetry, two windows, a ceiling fan, a double sink, and a nearby closet that serves as a laundry space with a stacked washer and dryer that convey with the home. The primary suite features clean, well-maintained carpeting, sliding glass doors that open to the Florida Room, and dual walk-in closets leading into the ensuite bathroom. The ensuite includes a step-in shower with grab bars and built-in shelving, a single vanity with white cabinetry, a wall-to-wall mirror, and vinyl flooring with a marble-like appearance. The second bedroom features two large windows that extend nearly to the floor along with well-maintained carpeting, while the guest bathroom offers a tub/shower combination, single vanity, wall-to-wall mirror, and matching marble-look vinyl flooring. The third bedroom also features well-kept carpeting, two built-in closets, and a large centered window that extends nearly to the floor, creating a bright and inviting space. The Florida Room is finished with tile flooring and provides a comfortable retreat to enjoy the outdoors year-round, offering beautiful views of the conservation area and pond directly behind the home while providing protection from the Florida elements. This home is located just down the road from Weeki Wachee Springs Park, a local attraction that features swimming, kayaking, water slides, and many other features right on the fresh water spring.

Key facts

• 5,153 sq ft lot
• Parking
• Community pool

Property features AI

Finance

• Other: Lease restrictions apply
• Financial info: Total monthly fees $324; total annual fees $3,888
• HOA & community: Monthly HOA fee of $324; HOA includes pool, private road, common area taxes and recreational facilities; HOA amenities: clubhouse, pool, spa/hot tub, recreation facilities; has vehicle and fence restrictions; Association approval required; Senior community; no pets allowed; Buyer approval required; deed restrictions and special community restrictions; street lights

Exterior

• Parking: Covered off-street parking; Driveway; Ground level parking; 1-car carport
• Utilities: Public water; Public sewer; Electricity available; Cable available; High-speed internet available
• Home design: Residential villa; One story; Faces southeast; On waterfront with pond view
• Construction: Block, concrete and stucco construction; Shingle roof; Block and slab foundation; Built with living and building area recorded
• Exterior features: Covered, enclosed and screened rear porch; Porch; Sliding doors; Storage; Rain gutters

Interior

• Kitchen: Range; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Carpet
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Ceiling fans; Eat-in kitchen; Kitchen/family room combo; Living room/dining room combo; Open floorplan; Solid surface counters; Thermostat; Vaulted ceilings; Walk-in closets; Florida room; Great room
• Laundry & utility: Washer hookup; Dryer hookup; Laundry closet; Laundry in kitchen

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $185k.

Deal economics

• At list price, monthly cash flow is $-12 ($-139/yr) — negative.
• To cash-flow at today's rent, offer at most $183k (1.1% below list).
• Meets the 1% rule at list price ($2k rent vs $185k).
• Recommended offer: $174k (6.0% below list) — sets the bar for market timing.
• Cap rate 6.2% vs local median 3.9% in North Weeki Wachee — 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 68/100 on livability (#534 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B+; Watch: health & safety C-, amenities F, commute F.
• Hernando (suburban): math 50% / reading 50% proficiency, ranked #38 of 73 in FL (top 52%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Winding Waters K-8 (math 50% / reading 48%, grade D, #1,134 of 2,144 statewide, top 54%, 1,622 students, 56% FRL); Weeki Wachee High School (math 41% / reading 42%, grade F, #284 of 667 statewide, top 43%, 1,435 students, 52% FRL) — zoned schools at 54% FRL track the district average.
• Market conditions: 695 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals leasing fast (median 7d on market — plan ~1-2 weeks tenant-placement turnaround); 2,505 units permitted in Hernando County in 2024 (318 in 5+ unit buildings).
• This rent runs 41% of the median local income ($59k/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.
• Hernando County population projected at +11% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 88 days — a 6% lower offer ($174k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 13y 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 $130k; 42% 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→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $173,900 (6.0% 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 88 days. Have you received any prior offers? Is the seller open to a 6% 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. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
7. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
8. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
9. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
10. 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.
11. 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.
12. 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: 1.09% ✓
• Cap rate: 6.22%
• Cash-on-cash: -0.27%
• DSCR: 0.99
• GRM: 7.6

CMA / ARV

• ARV (on-the-fly): $281,444
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
9139 Lingrove Rd	0.02mi	3/2.0	1,279 (0%)	6mo	$205,000	$160	94
9127 Lingrove Rd	0.04mi	2/2.0 (-1)	1,316 (+3%)	0mo	$179,000	$136	88
9195 Lingrove Rd	0.07mi	3/2.0	1,387 (+8%)	3mo	$191,000	$138	81
8050 Roxburgh Ct	0.10mi	3/2.0	1,185 (-7%)	5mo	$200,000	$169	79
8991 Lismore Ct	0.26mi	3/2.0	1,211 (-5%)	1mo	$197,000	$163	78
8026 Victoria Way	0.52mi	2/2.0 (-1)	1,276 (-0%)	1mo	$230,000	$180	70
7256 Mcginnes Ct	0.31mi	3/2.0	1,393 (+9%)	2mo	$309,000	$222	69
7275 Edinburgh Way	0.61mi	3/2.0	1,296 (+1%)	1mo	$240,000	$185	68
7497 Heather Walk Dr	0.18mi	2/2.0 (-1)	1,463 (+14%)	1mo	$163,000	$111	62
7396 Southview Ct	0.61mi	3/2.0	1,196 (-6%)	4mo	$110,000	$92	57
8775 Heather Blvd	0.40mi	2/2.0 (-1)	1,467 (+15%)	4mo	$215,000	$147	48
9013 Nakoma Way	0.61mi	3/2.0	1,114 (-13%)	2mo	$277,500	$249	48

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: -16.6%
• Equity multiple: 0.41×
• Total profit: $-30,484
• Equity at exit: $27,584

10-year hold

• IRR: -8.1%
• Equity multiple: 0.49×
• Total profit: $-26,550
• Equity at exit: $15,995

Cash invested: $51,800 (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 34613

• Home prices YoY: -17.2%
• Active inventory: 695
• Price-to-rent: 7.6×

Monthly cashflow live

• Estimated rent: $2,022 high
• Mortgage (P&I): −$970
• Tax from tax record: −$238 /mo · $2,851/yr
• Insurance: −$77
• HOA: −$324
• Vacancy / Maint / Mgmt: −$425
• Net cashflow: $-12

Break-even live

Break-even rent $2,036

Max offer price $182,947

Occupancy floor 96%

Sensitivity live

Price	-10% $93	-5% $41	+0% $-12	+5% $-64	+10% $-116
Rent	-10% $-171	-5% $-91	+0% $-12	+5% $68	+10% $148
Rate	-1.0pp $82	-0.5pp $35	base $-12	+0.5pp $-60	+1.0pp $-108

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: $46,250
• Closing costs: $5,550
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7575 St Andrews Blvd Weeki Wachee, FL	3.0	2.0	1515	$2,199	$1.45	26d	1	0.13mi
7569 Heather Walk Dr Weeki Wachee, FL	2.0	2.0	1211	$1,595	$1.32	20d	1	0.20mi
7251 Mc Ginnes Ct Weeki Wachee, FL	2.0	2.0	1360	$1,695	$1.25	7d	1	0.32mi
7744 St Andrews Blvd Weeki Wachee, FL	2.0	2.0	1142	$1,450	$1.27	26d	1	0.37mi
8992 Hernando Way Weeki Wachee, FL	2.0	2.0	1490	$1,695	$1.14	7d	1	0.48mi
7425 Galloway Rd Weeki Wachee, FL	2.0	2.0	936	$1,600	$1.71	14d	1	0.53mi
9003 Nakoma Way Unit 1234465P Spring Hill, FL	4.0	3.0	1506	$4,596	$3.05	7d	1	0.60mi
9104 Wade St Brooksville, FL	3.0	2.0	1550	$2,195	$1.42	5d	3	1.41mi
8983 Wade St Unit 8388 Brooksville, FL	3.0	2.0	1550	$2,246	$1.45	5d	1	1.48mi

HOA detail

• Monthly dues: $324 · $3,888/yr
• Likely covers: waterpool

Listing history 34 events

1. 2026-06-21
   days on market $185,000 Active 88 DOM
2. 2026-06-18
   days on market $185,000 Active 85 DOM
3. 2026-06-17
   days on market $185,000 Active 84 DOM
4. 2026-06-16
   days on market $185,000 Active 83 DOM
5. 2026-06-15
   days on market $185,000 Active 82 DOM
6. 2026-06-13
   days on market $185,000 Active 80 DOM
7. 2026-06-13
   days on market $185,000 Active 79 DOM
8. 2026-06-09
   days on market $185,000 Active 76 DOM
9. 2026-06-08
   days on market $185,000 Active 75 DOM
10. 2026-06-07
    days on market $185,000 Active 74 DOM
11. 2026-06-04
    days on market $185,000 Active 71 DOM
12. 2026-06-03
    days on market $185,000 Active 70 DOM
13. 2026-06-02
    days on market $185,000 Active 69 DOM
14. 2026-06-01
    days on market $185,000 Active 68 DOM
15. 2026-05-31
    days on market $185,000 Active 67 DOM
16. 2026-05-07
    price $185,000

    Show marketing remark (2461 chars)

    This charming bungalow-style villa is just as beautiful inside as it is outside, offering 3 bedrooms, 2 bathrooms, a Florida Room, and a single-car carport, all set against a peaceful backdrop of conservation views and a serene pond. Located in the desirable Heather Sound community, residents enjoy access to a community pool and hot tub, enhancing the relaxed Florida lifestyle. The carport features a decorative finished floor that adds a unique and polished touch, while the roof is only 6 years old for added peace of mind. As you enter through the foyer, you are welcomed into an open-concept layout that seamlessly blends the living room, dining area, and kitchen, with a convenient coat closet immediately to your right. The main living spaces are finished with wood-look luxury vinyl plank flooring, and the vaulted ceiling creates an airy, spacious feel. The living room features sliding glass doors that lead directly to the Florida Room, extending your living space and bringing in natural light. The kitchen is quaint and functional, offering white cabinetry, two windows, a ceiling fan, a double sink, and a nearby closet that serves as a laundry space with a stacked washer and dryer that convey with the home. The primary suite features clean, well-maintained carpeting, sliding glass doors that open to the Florida Room, and dual walk-in closets leading into the ensuite bathroom. The ensuite includes a step-in shower with grab bars and built-in shelving, a single vanity with white cabinetry, a wall-to-wall mirror, and vinyl flooring with a marble-like appearance. The second bedroom features two large windows that extend nearly to the floor along with well-maintained carpeting, while the guest bathroom offers a tub/shower combination, single vanity, wall-to-wall mirror, and matching marble-look vinyl flooring. The third bedroom also features well-kept carpeting, two built-in closets, and a large centered window that extends nearly to the floor, creating a bright and inviting space. The Florida Room is finished with tile flooring and provides a comfortable retreat to enjoy the outdoors year-round, offering beautiful views of the conservation area and pond directly behind the home while providing protection from the Florida elements. This home is located just down the road from Weeki Wachee Springs Park, a local attraction that features swimming, kayaking, water slides, and many other features right on the fresh water spring.

17. 2026-05-07
    price $185,000 2461-char remark

    Show marketing remark (2461 chars)

    This charming bungalow-style villa is just as beautiful inside as it is outside, offering 3 bedrooms, 2 bathrooms, a Florida Room, and a single-car carport, all set against a peaceful backdrop of conservation views and a serene pond. Located in the desirable Heather Sound community, residents enjoy access to a community pool and hot tub, enhancing the relaxed Florida lifestyle. The carport features a decorative finished floor that adds a unique and polished touch, while the roof is only 6 years old for added peace of mind. As you enter through the foyer, you are welcomed into an open-concept layout that seamlessly blends the living room, dining area, and kitchen, with a convenient coat closet immediately to your right. The main living spaces are finished with wood-look luxury vinyl plank flooring, and the vaulted ceiling creates an airy, spacious feel. The living room features sliding glass doors that lead directly to the Florida Room, extending your living space and bringing in natural light. The kitchen is quaint and functional, offering white cabinetry, two windows, a ceiling fan, a double sink, and a nearby closet that serves as a laundry space with a stacked washer and dryer that convey with the home. The primary suite features clean, well-maintained carpeting, sliding glass doors that open to the Florida Room, and dual walk-in closets leading into the ensuite bathroom. The ensuite includes a step-in shower with grab bars and built-in shelving, a single vanity with white cabinetry, a wall-to-wall mirror, and vinyl flooring with a marble-like appearance. The second bedroom features two large windows that extend nearly to the floor along with well-maintained carpeting, while the guest bathroom offers a tub/shower combination, single vanity, wall-to-wall mirror, and matching marble-look vinyl flooring. The third bedroom also features well-kept carpeting, two built-in closets, and a large centered window that extends nearly to the floor, creating a bright and inviting space. The Florida Room is finished with tile flooring and provides a comfortable retreat to enjoy the outdoors year-round, offering beautiful views of the conservation area and pond directly behind the home while providing protection from the Florida elements. This home is located just down the road from Weeki Wachee Springs Park, a local attraction that features swimming, kayaking, water slides, and many other features right on the fresh water spring.

18. 2026-03-25
    listed $190,000 Active

    Show marketing remark (2461 chars)

    This charming bungalow-style villa is just as beautiful inside as it is outside, offering 3 bedrooms, 2 bathrooms, a Florida Room, and a single-car carport, all set against a peaceful backdrop of conservation views and a serene pond. Located in the desirable Heather Sound community, residents enjoy access to a community pool and hot tub, enhancing the relaxed Florida lifestyle. The carport features a decorative finished floor that adds a unique and polished touch, while the roof is only 6 years old for added peace of mind. As you enter through the foyer, you are welcomed into an open-concept layout that seamlessly blends the living room, dining area, and kitchen, with a convenient coat closet immediately to your right. The main living spaces are finished with wood-look luxury vinyl plank flooring, and the vaulted ceiling creates an airy, spacious feel. The living room features sliding glass doors that lead directly to the Florida Room, extending your living space and bringing in natural light. The kitchen is quaint and functional, offering white cabinetry, two windows, a ceiling fan, a double sink, and a nearby closet that serves as a laundry space with a stacked washer and dryer that convey with the home. The primary suite features clean, well-maintained carpeting, sliding glass doors that open to the Florida Room, and dual walk-in closets leading into the ensuite bathroom. The ensuite includes a step-in shower with grab bars and built-in shelving, a single vanity with white cabinetry, a wall-to-wall mirror, and vinyl flooring with a marble-like appearance. The second bedroom features two large windows that extend nearly to the floor along with well-maintained carpeting, while the guest bathroom offers a tub/shower combination, single vanity, wall-to-wall mirror, and matching marble-look vinyl flooring. The third bedroom also features well-kept carpeting, two built-in closets, and a large centered window that extends nearly to the floor, creating a bright and inviting space. The Florida Room is finished with tile flooring and provides a comfortable retreat to enjoy the outdoors year-round, offering beautiful views of the conservation area and pond directly behind the home while providing protection from the Florida elements. This home is located just down the road from Weeki Wachee Springs Park, a local attraction that features swimming, kayaking, water slides, and many other features right on the fresh water spring.

19. 2026-03-25
    listed $190,000 Active 2461-char remark

    Show marketing remark (2461 chars)

    This charming bungalow-style villa is just as beautiful inside as it is outside, offering 3 bedrooms, 2 bathrooms, a Florida Room, and a single-car carport, all set against a peaceful backdrop of conservation views and a serene pond. Located in the desirable Heather Sound community, residents enjoy access to a community pool and hot tub, enhancing the relaxed Florida lifestyle. The carport features a decorative finished floor that adds a unique and polished touch, while the roof is only 6 years old for added peace of mind. As you enter through the foyer, you are welcomed into an open-concept layout that seamlessly blends the living room, dining area, and kitchen, with a convenient coat closet immediately to your right. The main living spaces are finished with wood-look luxury vinyl plank flooring, and the vaulted ceiling creates an airy, spacious feel. The living room features sliding glass doors that lead directly to the Florida Room, extending your living space and bringing in natural light. The kitchen is quaint and functional, offering white cabinetry, two windows, a ceiling fan, a double sink, and a nearby closet that serves as a laundry space with a stacked washer and dryer that convey with the home. The primary suite features clean, well-maintained carpeting, sliding glass doors that open to the Florida Room, and dual walk-in closets leading into the ensuite bathroom. The ensuite includes a step-in shower with grab bars and built-in shelving, a single vanity with white cabinetry, a wall-to-wall mirror, and vinyl flooring with a marble-like appearance. The second bedroom features two large windows that extend nearly to the floor along with well-maintained carpeting, while the guest bathroom offers a tub/shower combination, single vanity, wall-to-wall mirror, and matching marble-look vinyl flooring. The third bedroom also features well-kept carpeting, two built-in closets, and a large centered window that extends nearly to the floor, creating a bright and inviting space. The Florida Room is finished with tile flooring and provides a comfortable retreat to enjoy the outdoors year-round, offering beautiful views of the conservation area and pond directly behind the home while providing protection from the Florida elements. This home is located just down the road from Weeki Wachee Springs Park, a local attraction that features swimming, kayaking, water slides, and many other features right on the fresh water spring.

20. 2026-02-09
    historical
21. 2026-02-09
    historical
22. 2025-10-01
    listed $192,000 Active
23. 2025-09-30
    listed $192,000 Active
24. 2020-03-05
    historical
25. 2019-11-11
    historical
26. 2019-02-22
    soldstatus $130,000
27. 2019-02-15
    soldstatus $130,000
28. 2019-02-15
    soldstatus $130,000
29. 2018-10-17
    listed $132,900
30. 2018-10-17
    listed $132,900
31. 2018-03-26
    listed $149,000
32. 2013-04-10
    listed $119,900
33. 2004-03-01
    soldstatus $92,000
34. 1988-12-01
    soldstatus $74,400

ⓘ 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: $2,851 · $238/mo
• Projected year-2 tax: $2,851 · $238/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 10/10 Extreme 7 d/yr ≥110°F today · 25 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 1 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,261
• − Mortgage interest: −$10,363
• − Property taxes: −$2,851
• − Insurance: −$925
• − Repairs & maintenance: −$1,941
• − Management: −$1,941
• − HOA: −$3,888
• − Depreciation: −$5,382
• Taxable loss: −$3,029
• Est. tax savings @ 24.0%: +$727
• After-tax cash flow: $588/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: Hernando
• NCES district ID: 1200810
• Math proficiency: 50% ▼ -8.00%
• Reading proficiency: 50% ▼ -4.00%
• Median HH income: $41,985
• Composite: 42.03/100
• National rank: #3329
• State rank: #38 of 73 in FL

Livability — North Weeki Wachee

• Score: 68/100
• State rank: #534
• US rank: #10019

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: North Weeki Wachee, FL
• County: Hernando County · 169,677 people
• City population: 18,280
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 19,337
• Household income: $58,596
• Rent vs Own: 9.2% rent · 90.8% own
• Severe rent burden: 307.0

Population outlook (Hernando County) Hauer SSP2

• Today (2025): 189,218 people
• By 2030: 194,367 · +2.7%
• By 2040: 203,398 · +7.5%
• By 2050: 209,589 · +10.8%
• By 2075: 218,452 · +15.4%
• By 2100: 205,923 · +8.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (88%)
• Race & ethnicity: White 88% Hispanic / Latino 6% Two or more races 4% Black 2% Asian 1%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2% Cuban 1%
• Common ancestry: Romanian 4% Lithuanian 3% Slovak 2%
• Foreign-born: 8% · Canada, Vietnam
• Languages at home: 92% English-only · Spanish 3% French/Haitian/Cajun 1% Russian/Polish/Slavic 1%

Political lean MEDSL · Hernando

• 2024 margin: Solid R (+37.0) · D 31.1% · R 68.2%
• 2008→2024 swing: -33.5pp toward R · 2008: -3.6pp · 2024: -37.0pp
• All cycles: 2024: R+37.0 2020: R+30.2 2016: R+29.0 2012: R+8.5 2008: R+3.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -57.51%
• Current HPI: 276.2229
• Rent YoY: —
• Metro: Tampa-St. Petersburg-Clearwater, 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

+148.7% since first listed

19 events — show timeline

• 2026-05-07 Price Changed $185,000 Stellar MLS as Distributed by MLS Grid
• 2026-05-07 Price Changed $185,000 HCAR
• 2026-03-25 Listed $190,000 HCAR
• 2026-03-25 Listed $190,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-09 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2026-02-09 Listing Removed — HCAR
• 2025-10-01 Listed $192,000 HCAR
• 2025-09-30 Listed $192,000 Stellar MLS as Distributed by MLS Grid
• 2020-03-05 Listing Removed — HCAR
• 2019-11-11 Listing Removed — HCAR
• 2019-02-22 Sold (Public Records) $130,000 Public Records
• 2019-02-15 Sold (MLS) $130,000 St. Augustine and St. Johns County Board of REALTORS®
• 2019-02-15 Sold (MLS) $130,000 HCAR
• 2018-10-17 Listed $132,900 St. Augustine and St. Johns County Board of REALTORS®
• 2018-10-17 Listed $132,900 HCAR
• 2018-03-26 Listed $149,000 HCAR
• 2013-04-10 Listed $119,900 HCAR
• 2004-03-01 Sold (Public Records) $92,000 Public Records
• 1988-12-01 Sold (Public Records) $74,400 Public Records

Property tax history

+7.6%/yr

Latest (2025): $2,851 · +5.7% YoY. Source: county tax records.