19 Pine Court Loop · Silver Springs Shores, FL 34472

$230,000

3 bd · 2.0 ba · 1,079 sqft · SingleFamily public records · 890 Days on market

Built 2007 0.32 ac lot $213/sqft · 6% above area Est $216k · 6% over

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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 +8.9/30.0
• Appreciation +8.0/10.0
• ARV discount +4.7/15.0
• Schools +3.6/10.0
• Livability +3.4/5.0
• 1% rule +2.5/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +2.4/10.0

Listing remarks MLS

RENOVATED home featuring 3 bedrooms, 2 bathrooms, and a one-car garage, nestled in the desirable Silver Springs Shores. This residence showcases recent improvements such as new flooring, fresh interior and exterior paint, modern light fixtures, upgraded door handles, and a new well pump, complemented by all newer appliances. Conveniently located just minutes from the Silver Springs Shores Community Center and Golf Course, as well as schools, hospitals, shopping, and dining options.

Key facts

• 0.32 acre lot
• Garage
• Built 2007

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $230k.

Deal economics

• At list price, monthly cash flow is $-187 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $197k (14.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $172k (25.0% below list).
• Recommended offer: $172k (25.0% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 68/100 on livability (#527 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A-; Watch: crime C-, employment D, schools 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 flat; 674 active listings in the ZIP; 20 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 32% of the median local income ($64k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $15k of equity ($2k loan paydown + $14k appreciation (5.9% local appreciation)).
• Marion County population projected at +13% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• By year 3, paydown + projected appreciation supports a ~$38k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 890 days — a 12% lower offer ($202k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 19y ago; this cycle's ask is 13429% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $200k; 15% 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; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $172,495 (25.0% 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 890 days. Have you received any prior offers? Is the seller open to a 25% concession, seller financing, or rate buy-down credit?
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. 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?
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: 0.75% ✗
• Cap rate: 5.32%
• Cash-on-cash: -3.49%
• DSCR: 0.84
• GRM: 11.1

CMA / ARV

• ARV (median comp): $216,331
• List price: $230,000
• Delta: 6.32%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
18 Pine Court Loop	0.06mi	3/2.0	1,091 (+1%)	6mo	$235,000	$215	90
6915 SE 54th Ln	0.13mi	3/2.0	1,134 (+5%)	17mo	$170,000	$150	71
48 Pine Trace Loop	0.50mi	3/2.0	1,052 (-2%)	15mo	$194,000	$184	60
97 Dogwood Cir	0.72mi	3/2.0	1,014 (-6%)	12mo	$228,000	$225	46
9 Hemlock Terrace Pass	0.75mi	3/2.0	1,153 (+7%)	13mo	$243,000	$211	43
8 Pecan Course Loop	0.62mi	3/2.0	1,221 (+13%)	20mo	$210,000	$172	32

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

Projected returns pro-forma

5.93% appreciation · 0.17% rent growth · sell at horizon

5-year hold

• IRR: 11.4%
• Equity multiple: 1.76×
• Total profit: $48,797
• Equity at exit: $143,608

10-year hold

• IRR: 11.5%
• Equity multiple: 3.24×
• Total profit: $144,475
• Equity at exit: $259,585

Cash invested: $64,400 (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 34472

• Home prices YoY: 2.4%
• Rents YoY: 0.2%
• Active inventory: 674
• Price-to-rent: 11.1×

Monthly cashflow live

• Estimated rent: $1,725 high
• Mortgage (P&I): −$1,206
• Tax from tax record: −$248 /mo · $2,973/yr
• Insurance: −$96
• HOA: −$0
• Vacancy / Maint / Mgmt: −$362
• Net cashflow: $-187

Break-even live

Break-even rent $1,962

Max offer price $196,956

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: $57,500
• Closing costs: $6,900
• Reserves months: —
• Total cash needed: —

Rent comps 20 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7044 Hemlock Crse Ocala, FL	3.0	2.0	1270	$1,897	$1.49	13d	1	0.28mi
7215 Midway Ter Ocala, FL	2.0	2.0	975	$1,175	$1.21	21d	1	0.53mi
98 Dogwood Drive Cir Ocala, FL	3.0	2.0	1337	$1,695	$1.27	21d	1	0.73mi
6 Cedar Dr Ocala, FL	3.0	2.0	1477	$1,675	$1.13	21d	1	0.76mi
492 Hickory Course Loop Ocala, FL	4.0	2.0	1483	$1,750	$1.18	21d	1	0.81mi
57 Pine Cir Ocala, FL	3.0	2.0	1270	$1,897	$1.49	13d	1	0.85mi
7455 Midway Ter Unit K Ocala, FL	2.0	1.0	904	$1,249	$1.38	21d	1	0.90mi
13 Redwood Trace Ln Ocala, FL	3.0	2.0	1337	$1,595	$1.19	21d	1	0.95mi
9 Dogwood Trail Dr Ocala, FL	3.0	2.0	1110	$1,595	$1.44	21d	1	1.00mi
7184 Hemlock Loop Ocala, FL	3.0	2.0	1392	$1,675	$1.20	21d	1	1.00mi
308 Hickory Course Radl Ocala, FL	3.0	2.0	1397	$1,650	$1.18	21d	1	1.02mi
45 Redwood Run Ocala, FL	3.0	2.0	1435	$1,695	$1.18	21d	1	1.05mi
21 Dogwood Drive Pass Ocala, FL	3.0	2.0	1390	$1,595	$1.15	21d	1	1.13mi
43 Bahia Pass Ocala, FL	3.0	2.0	1188	$1,475	$1.24	21d	1	1.15mi
162 Bahia Terrace Dr Ocala, FL	2.0	2.0	984	$1,375	$1.40	21d	1	1.23mi
9 Pine Course Radl Ocala, FL	3.0	2.0	1453	$1,725	$1.19	13d	1	1.27mi
5614 Pecan Rd Ocala, FL	3.0	2.0	1337	$1,595	$1.19	21d	1	1.32mi
7 Pine Run Ter Ocala, FL	3.0	2.0	1432	$1,500	$1.05	13d	1	1.35mi
139 Pine Crse Ocala, FL	3.0	2.0	1398	$1,645	$1.18	13d	1	1.40mi
19 Pecan Pass Ter Ocala, FL	3.0	2.0	1368	$1,750	$1.28	21d	1	1.44mi

Listing history 32 events

1. 2026-06-18
   days on market $230,000 Active 890 DOM
2. 2026-06-17
   days on market $230,000 Active 889 DOM
3. 2026-06-16
   days on market $230,000 Active 888 DOM
4. 2026-06-15
   days on market $230,000 Active 887 DOM
5. 2026-06-14
   days on market $230,000 Active 885 DOM
6. 2026-06-13
   days on market $230,000 Active 884 DOM
7. 2026-06-10
   days on market $230,000 Active 882 DOM
8. 2026-06-09
   days on market $230,000 Active 881 DOM
9. 2026-06-08
   days on market $230,000 Active 880 DOM
10. 2026-06-07
    days on market $230,000 Active 879 DOM
11. 2026-06-03
    days on market $230,000 Active 875 DOM
12. 2026-06-02
    days on market $230,000 Active 874 DOM
13. 2026-05-31
    days on market $230,000 Active 872 DOM
14. 2026-05-30
    days on market $230,000 Active 871 DOM
15. 2025-10-26
    listed $1,700
16. 2025-07-09
    status Active 486-char remark

    Show marketing remark (486 chars)

    RENOVATED home featuring 3 bedrooms, 2 bathrooms, and a one-car garage, nestled in the desirable Silver Springs Shores. This residence showcases recent improvements such as new flooring, fresh interior and exterior paint, modern light fixtures, upgraded door handles, and a new well pump, complemented by all newer appliances. Conveniently located just minutes from the Silver Springs Shores Community Center and Golf Course, as well as schools, hospitals, shopping, and dining options.

17. 2025-07-08
    historical 486-char remark

    Show marketing remark (486 chars)

    RENOVATED home featuring 3 bedrooms, 2 bathrooms, and a one-car garage, nestled in the desirable Silver Springs Shores. This residence showcases recent improvements such as new flooring, fresh interior and exterior paint, modern light fixtures, upgraded door handles, and a new well pump, complemented by all newer appliances. Conveniently located just minutes from the Silver Springs Shores Community Center and Golf Course, as well as schools, hospitals, shopping, and dining options.

18. 2024-10-08
    price $230,000 486-char remark

    Show marketing remark (486 chars)

    RENOVATED home featuring 3 bedrooms, 2 bathrooms, and a one-car garage, nestled in the desirable Silver Springs Shores. This residence showcases recent improvements such as new flooring, fresh interior and exterior paint, modern light fixtures, upgraded door handles, and a new well pump, complemented by all newer appliances. Conveniently located just minutes from the Silver Springs Shores Community Center and Golf Course, as well as schools, hospitals, shopping, and dining options.

19. 2024-07-24
    price $215,000 486-char remark

    Show marketing remark (486 chars)

    RENOVATED home featuring 3 bedrooms, 2 bathrooms, and a one-car garage, nestled in the desirable Silver Springs Shores. This residence showcases recent improvements such as new flooring, fresh interior and exterior paint, modern light fixtures, upgraded door handles, and a new well pump, complemented by all newer appliances. Conveniently located just minutes from the Silver Springs Shores Community Center and Golf Course, as well as schools, hospitals, shopping, and dining options.

20. 2024-06-27
    price $228,000 486-char remark

    Show marketing remark (486 chars)

    RENOVATED home featuring 3 bedrooms, 2 bathrooms, and a one-car garage, nestled in the desirable Silver Springs Shores. This residence showcases recent improvements such as new flooring, fresh interior and exterior paint, modern light fixtures, upgraded door handles, and a new well pump, complemented by all newer appliances. Conveniently located just minutes from the Silver Springs Shores Community Center and Golf Course, as well as schools, hospitals, shopping, and dining options.

21. 2024-02-17
    historical $1,500
22. 2024-01-10
    listed $1,500
23. 2024-01-09
    listed $230,000 Active 486-char remark

    Show marketing remark (486 chars)

    RENOVATED home featuring 3 bedrooms, 2 bathrooms, and a one-car garage, nestled in the desirable Silver Springs Shores. This residence showcases recent improvements such as new flooring, fresh interior and exterior paint, modern light fixtures, upgraded door handles, and a new well pump, complemented by all newer appliances. Conveniently located just minutes from the Silver Springs Shores Community Center and Golf Course, as well as schools, hospitals, shopping, and dining options.

24. 2022-04-05
    soldstatus $200,000 Closed 243-char remark

    Show marketing remark (243 chars)

    WELCOME HOME TO THIS 3 BEDROOMS 2 BATHROOMS 1 CAR GARAGE HOME LOCATED IN SILVER SPRINGS SHORES. MINUTES AWAY FROM THE SILVER SPRINGS SHORES COMMUNITY CENTER AND GOLF COURSE, SCHOOLS, HOSPITALS, SHOPPING AND DINING. SCHEDULE YOUR SHOWING TODAY.

25. 2022-02-02
    status Pending 243-char remark

    Show marketing remark (243 chars)

    WELCOME HOME TO THIS 3 BEDROOMS 2 BATHROOMS 1 CAR GARAGE HOME LOCATED IN SILVER SPRINGS SHORES. MINUTES AWAY FROM THE SILVER SPRINGS SHORES COMMUNITY CENTER AND GOLF COURSE, SCHOOLS, HOSPITALS, SHOPPING AND DINING. SCHEDULE YOUR SHOWING TODAY.

26. 2021-12-18
    listed $210,000 Active 243-char remark

    Show marketing remark (243 chars)

    WELCOME HOME TO THIS 3 BEDROOMS 2 BATHROOMS 1 CAR GARAGE HOME LOCATED IN SILVER SPRINGS SHORES. MINUTES AWAY FROM THE SILVER SPRINGS SHORES COMMUNITY CENTER AND GOLF COURSE, SCHOOLS, HOSPITALS, SHOPPING AND DINING. SCHEDULE YOUR SHOWING TODAY.

27. 2010-09-17
    soldstatus $85,000
28. 2008-01-05
    historical
29. 2007-05-11
    listed $135,900
30. 2005-08-22
    soldstatus $45,000
31. 2005-08-03
    soldstatus $21,000
32. 2005-05-03
    soldstatus $7,000

ⓘ 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: $2,973 · $248/mo
• Projected year-2 tax: $2,973 · $248/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 ≥108°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 · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,699
• − Mortgage interest: −$12,884
• − Property taxes: −$2,973
• − Insurance: −$1,150
• − Repairs & maintenance: −$1,656
• − Management: −$1,656
• − Depreciation: −$6,691
• Taxable loss: −$6,310
• Est. tax savings @ 24.0%: +$1,514
• After-tax cash flow: $-730/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 — Silver Springs Shores

• Score: 68/100
• State rank: #527
• US rank: #9854

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Silver Springs Shores, FL
• County: Marion County · 315,796 people
• City population: 34,665
• Metro: Ocala, FL
• Population (ZIP): 35,851
• Household income: $64,208
• Rent vs Own: 19.9% rent · 80.1% own
• Severe rent burden: 655.0

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: Diverse neighborhood (Simpson 0.65)
• Race & ethnicity: White 50% Hispanic / Latino 25% Black 21% Two or more races 18% Asian 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 14% Cuban 3%
• Common ancestry: Romanian 2% Iranian 1% Lithuanian 1%
• Foreign-born: 11% · Canada, Jamaica, China
• Languages at home: 78% English-only · Spanish 19% 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: ▲ 5.93%
• Current HPI: 255.0714
• Rent YoY: ▲ 0.17%
• 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

-75.7% since first listed

18 events — show timeline

• 2025-10-26 Listed for Rent $1,700 STELLARMLS
• 2025-07-09 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-07-08 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2024-10-08 Price Changed $230,000 Stellar MLS as Distributed by MLS Grid
• 2024-07-24 Price Changed $215,000 Stellar MLS as Distributed by MLS Grid
• 2024-06-27 Price Changed $228,000 Stellar MLS as Distributed by MLS Grid
• 2024-02-17 Rental Removed $1,500 STELLARMLS
• 2024-01-10 Listed for Rent $1,500 STELLARMLS
• 2024-01-09 Listed $230,000 Stellar MLS as Distributed by MLS Grid
• 2022-04-05 Sold (MLS) $200,000 Stellar MLS as Distributed by MLS Grid
• 2022-02-02 Pending — Stellar MLS as Distributed by MLS Grid
• 2021-12-18 Listed $210,000 Stellar MLS as Distributed by MLS Grid
• 2010-09-17 Sold (Public Records) $85,000 Public Records
• 2008-01-05 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2007-05-11 Listed $135,900 Stellar MLS as Distributed by MLS Grid
• 2005-08-22 Sold (Public Records) $45,000 Public Records
• 2005-08-03 Sold (Public Records) $21,000 Public Records
• 2005-05-03 Sold (Public Records) $7,000 Public Records

Property tax history

+8.1%/yr

Latest (2025): $2,973 · -7.8% YoY. Source: county tax records.