10300 SW 98th Ter · On Top of the World, FL 34481

$145,000

2 bd · 2.0 ba · 960 sqft · SingleFamily public records · 749 Days on market

Built 1985 9,148 sqft lot $151/sqft · at area comps Est $143k · at est. $150/mo HOA · 10% 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 +13.0/30.0
• ARV discount +7.0/15.0
• 1% rule +5.0/10.0
• DSCR +3.9/10.0
• Schools +3.6/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

SNOWBIRDS !!! Here's your chance. NEW ROOF - 2025, NEW HOT WATER HEATER - 2024, SEPTIC SERVICED AND EMPTIED - 2024. Great location in Pine Run Estates. This 2 Bedroom, 1.5 Bathroom is just the right size and completely Furnished. Master Bedroom has a nice Walk-in Closet and ensuite. Wonderful enclosed Lanai to sit and enjoy the Florida weather. Pine Run amenities include 2 clubhouses, 2 community pools, hot tub, fitness center, pickle ball and tennis courts, shuffleboard, library, craft rooms, curbside trash pickup and more. Conveniently located along the SW HWY 200 corridor close to restaurants, shopping and medical care. Seller is motivated !

Key facts

• 9,148 sq ft lot
• Parking
• Community pool

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $145k.

Deal economics

• At list price, monthly cash flow is $-7 ($-81/yr) — negative.
• To cash-flow at today's rent, offer at most $144k (0.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $144k (0.4% below list).
• Recommended offer: $128k (12.0% below list) — sets the bar for market timing.
• Cap rate 6.2% vs local median 2.9% in On Top of the World — 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: area grade D — affects rentability + tenant quality, not the cash-flow math above.
• 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: Marion Oaks Elementary School (math 38% / reading 39%, grade F, #1,575 of 2,144 statewide, top 74%, 939 students, 65% FRL); Liberty Middle School (math 40% / reading 41%, grade F, #360 of 571 statewide, top 64%, 1,365 students, 54% FRL); West Port High School (math 34% / reading 52%, grade F, #255 of 667 statewide, top 39%, 2,906 students, 52% FRL) — zoned schools at 57% FRL track the district average.
• Market conditions: 1158 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 23d 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 30% of the median local income ($57k/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 $4k 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 749 days — a 12% lower offer ($128k) is reasonable based on typical stale-listing flexibility.
• 5 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 $40k; list at $145k implies a 262% 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 6→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $127,600 (12.0% 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 749 days. Have you received any prior offers? Is the seller open to a 12% 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: 1.00% ✗
• Cap rate: 6.24%
• Cash-on-cash: -0.20%
• DSCR: 0.99
• GRM: 8.4

CMA / ARV

• ARV (median comp): $143,454
• List price: $145,000
• Delta: 1.08%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
9921 SW 103rd Pl	0.07mi	2/2.0	1,008 (+5%)	5mo	$150,000	$149	84
10040 SW 96th Ct	0.31mi	2/2.0	1,008 (+5%)	8mo	$164,000	$163	71
10150 SW 96th Ct	0.23mi	2/1.0	960 (0%)	18mo	$110,000	$115	70
9901 SW 103rd Ln	0.07mi	2/2.0	1,040 (+8%)	24mo	$175,000	$168	63
10060 SW 93rd Ave	0.58mi	2/1.5	1,095 (+14%)	15mo	$130,000	$119	35

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: -16.5%
• Equity multiple: 0.41×
• Total profit: $-23,816
• Equity at exit: $21,620

10-year hold

• IRR: -8.2%
• Equity multiple: 0.49×
• Total profit: $-20,842
• Equity at exit: $12,537

Cash invested: $40,600 (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 34481

• Home prices YoY: -25.2%
• Active inventory: 1158
• Price-to-rent: 8.4×

Monthly cashflow live

• Estimated rent: $1,444 high
• Mortgage (P&I): −$760
• Tax from tax record: −$177 /mo · $2,118/yr
• Insurance: −$60
• HOA: −$150
• Vacancy / Maint / Mgmt: −$303
• Net cashflow: $-7

Break-even live

Break-even rent $1,452

Max offer price $143,805

Occupancy floor 95%

Sensitivity live

Price	-10% $75	-5% $34	+0% $-7	+5% $-48	+10% $-89
Rent	-10% $-121	-5% $-64	+0% $-7	+5% $50	+10% $107
Rate	-1.0pp $66	-0.5pp $30	base $-7	+0.5pp $-44	+1.0pp $-83

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: $36,250
• Closing costs: $4,350
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
9941 SW 102nd Ln Ocala, FL	2.0	1.0	672	$1,200	$1.79	22d	1	0.09mi
10405 SW 99th Ave Ocala, FL	2.0	2.0	1040	$1,450	$1.39	22d	1	0.10mi
10155 SW 100th Ave Ocala, FL	2.0	2.0	1040	$1,700	$1.63	22d	1	0.20mi
10081 SW 97th Ct Ocala, FL	2.0	1.0	992	$1,200	$1.21	15d	1	0.25mi
10081 SW 95th Ave Ocala, FL	2.0	2.0	1040	$1,395	$1.34	22d	1	0.43mi
9748 SW 97th St Ocala, FL	2.0	2.0	1105	$1,500	$1.36	22d	1	0.58mi
9075 SW 102nd Pl Ocala, FL	2.0	2.0	1008	$1,275	$1.26	22d	1	0.79mi
8947 SW 108th Pl Ocala, FL	2.0	2.0	1096	$1,500	$1.37	22d	1	1.15mi
10441 SW 85th Ct Ocala, FL	2.0	2.0	1090	$1,495	$1.37	22d	1	1.25mi
8942 SW 109th Ln Ocala, FL	2.0	2.0	960	$1,450	$1.51	22d	1	1.28mi

HOA detail

• Monthly dues: $150 · $1,800/yr
• Likely covers: watertrashpoolgym

Listing history 28 events

1. 2026-06-18
   days on market $145,000 Active 749 DOM
2. 2026-06-17
   days on market $145,000 Active 748 DOM
3. 2026-06-16
   days on market $145,000 Active 747 DOM
4. 2026-06-15
   days on market $145,000 Active 746 DOM
5. 2026-06-14
   days on market $145,000 Active 744 DOM
6. 2026-06-13
   days on market $145,000 Active 743 DOM
7. 2026-06-10
   days on market $145,000 Active 741 DOM
8. 2026-06-09
   days on market $145,000 Active 740 DOM
9. 2026-06-08
   days on market $145,000 Active 739 DOM
10. 2026-06-07
    days on market $145,000 Active 738 DOM
11. 2026-06-03
    days on market $145,000 Active 734 DOM
12. 2026-06-02
    days on market $145,000 Active 733 DOM
13. 2026-05-31
    days on market $145,000 Active 731 DOM
14. 2026-05-30
    days on market $145,000 Active 730 DOM
15. 2025-12-22
    price $145,000 655-char remark

    Show marketing remark (655 chars)

    SNOWBIRDS !!! Here's your chance. NEW ROOF - 2025, NEW HOT WATER HEATER - 2024, SEPTIC SERVICED AND EMPTIED - 2024. Great location in Pine Run Estates. This 2 Bedroom, 1.5 Bathroom is just the right size and completely Furnished. Master Bedroom has a nice Walk-in Closet and ensuite. Wonderful enclosed Lanai to sit and enjoy the Florida weather. Pine Run amenities include 2 clubhouses, 2 community pools, hot tub, fitness center, pickle ball and tennis courts, shuffleboard, library, craft rooms, curbside trash pickup and more. Conveniently located along the SW HWY 200 corridor close to restaurants, shopping and medical care. Seller is motivated !

16. 2025-04-10
    price $155,000 655-char remark

    Show marketing remark (655 chars)

    SNOWBIRDS !!! Here's your chance. NEW ROOF - 2025, NEW HOT WATER HEATER - 2024, SEPTIC SERVICED AND EMPTIED - 2024. Great location in Pine Run Estates. This 2 Bedroom, 1.5 Bathroom is just the right size and completely Furnished. Master Bedroom has a nice Walk-in Closet and ensuite. Wonderful enclosed Lanai to sit and enjoy the Florida weather. Pine Run amenities include 2 clubhouses, 2 community pools, hot tub, fitness center, pickle ball and tennis courts, shuffleboard, library, craft rooms, curbside trash pickup and more. Conveniently located along the SW HWY 200 corridor close to restaurants, shopping and medical care. Seller is motivated !

17. 2025-04-09
    status Active 655-char remark

    Show marketing remark (655 chars)

    SNOWBIRDS !!! Here's your chance. NEW ROOF - 2025, NEW HOT WATER HEATER - 2024, SEPTIC SERVICED AND EMPTIED - 2024. Great location in Pine Run Estates. This 2 Bedroom, 1.5 Bathroom is just the right size and completely Furnished. Master Bedroom has a nice Walk-in Closet and ensuite. Wonderful enclosed Lanai to sit and enjoy the Florida weather. Pine Run amenities include 2 clubhouses, 2 community pools, hot tub, fitness center, pickle ball and tennis courts, shuffleboard, library, craft rooms, curbside trash pickup and more. Conveniently located along the SW HWY 200 corridor close to restaurants, shopping and medical care. Seller is motivated !

18. 2024-12-15
    historical 655-char remark

    Show marketing remark (655 chars)

    SNOWBIRDS !!! Here's your chance. NEW ROOF - 2025, NEW HOT WATER HEATER - 2024, SEPTIC SERVICED AND EMPTIED - 2024. Great location in Pine Run Estates. This 2 Bedroom, 1.5 Bathroom is just the right size and completely Furnished. Master Bedroom has a nice Walk-in Closet and ensuite. Wonderful enclosed Lanai to sit and enjoy the Florida weather. Pine Run amenities include 2 clubhouses, 2 community pools, hot tub, fitness center, pickle ball and tennis courts, shuffleboard, library, craft rooms, curbside trash pickup and more. Conveniently located along the SW HWY 200 corridor close to restaurants, shopping and medical care. Seller is motivated !

19. 2024-10-16
    status Active 655-char remark

    Show marketing remark (655 chars)

    SNOWBIRDS !!! Here's your chance. NEW ROOF - 2025, NEW HOT WATER HEATER - 2024, SEPTIC SERVICED AND EMPTIED - 2024. Great location in Pine Run Estates. This 2 Bedroom, 1.5 Bathroom is just the right size and completely Furnished. Master Bedroom has a nice Walk-in Closet and ensuite. Wonderful enclosed Lanai to sit and enjoy the Florida weather. Pine Run amenities include 2 clubhouses, 2 community pools, hot tub, fitness center, pickle ball and tennis courts, shuffleboard, library, craft rooms, curbside trash pickup and more. Conveniently located along the SW HWY 200 corridor close to restaurants, shopping and medical care. Seller is motivated !

20. 2024-08-28
    status Pending 655-char remark

    Show marketing remark (655 chars)

    SNOWBIRDS !!! Here's your chance. NEW ROOF - 2025, NEW HOT WATER HEATER - 2024, SEPTIC SERVICED AND EMPTIED - 2024. Great location in Pine Run Estates. This 2 Bedroom, 1.5 Bathroom is just the right size and completely Furnished. Master Bedroom has a nice Walk-in Closet and ensuite. Wonderful enclosed Lanai to sit and enjoy the Florida weather. Pine Run amenities include 2 clubhouses, 2 community pools, hot tub, fitness center, pickle ball and tennis courts, shuffleboard, library, craft rooms, curbside trash pickup and more. Conveniently located along the SW HWY 200 corridor close to restaurants, shopping and medical care. Seller is motivated !

21. 2023-12-18
    listed $149,500 Active 655-char remark

    Show marketing remark (655 chars)

    SNOWBIRDS !!! Here's your chance. NEW ROOF - 2025, NEW HOT WATER HEATER - 2024, SEPTIC SERVICED AND EMPTIED - 2024. Great location in Pine Run Estates. This 2 Bedroom, 1.5 Bathroom is just the right size and completely Furnished. Master Bedroom has a nice Walk-in Closet and ensuite. Wonderful enclosed Lanai to sit and enjoy the Florida weather. Pine Run amenities include 2 clubhouses, 2 community pools, hot tub, fitness center, pickle ball and tennis courts, shuffleboard, library, craft rooms, curbside trash pickup and more. Conveniently located along the SW HWY 200 corridor close to restaurants, shopping and medical care. Seller is motivated !

22. 2014-11-10
    soldstatus $40,000 393-char remark

    Show marketing remark (393 chars)

    2/2/1 tiled flooring, enclosed Lanai under heat and air. Carpet in bedrooms, master with walk-in Jack and Jill bath. Separate vanities and commodes, utility room for washer, dryer and storage, pool and tennis courts and more for the residents. This is a gated community 55+, close to everything. Amenities include pools (2), tennis, garbage pick-up, debris pick-up, gate, Club house and clubs.

23. 2014-08-11
    listed $44,000 393-char remark

    Show marketing remark (393 chars)

    2/2/1 tiled flooring, enclosed Lanai under heat and air. Carpet in bedrooms, master with walk-in Jack and Jill bath. Separate vanities and commodes, utility room for washer, dryer and storage, pool and tennis courts and more for the residents. This is a gated community 55+, close to everything. Amenities include pools (2), tennis, garbage pick-up, debris pick-up, gate, Club house and clubs.

24. 2013-11-15
    soldstatus $33,100
25. 2013-09-12
    listed $33,000
26. 1999-12-20
    soldstatus $35,000
27. 1999-12-20
    soldstatus $35,000
28. 1985-08-01
    soldstatus $45,500

ⓘ 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: $2,118 · $177/mo
• Projected year-2 tax: $2,118 · $177/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 4/10 Moderate FEMA zone X (unshaded) · 24% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 8/10 Severe 6 d/yr ≥107°F today · 19 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: $17,325
• − Mortgage interest: −$8,122
• − Property taxes: −$2,118
• − Insurance: −$725
• − Repairs & maintenance: −$1,386
• − Management: −$1,386
• − HOA: −$1,800
• − Depreciation: −$4,218
• Taxable loss: −$2,431
• Est. tax savings @ 24.0%: +$583
• After-tax cash flow: $502/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 — On Top of the World

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• County: Marion County · 315,796 people
• City population: 25,668
• Metro: Ocala, FL
• Population (ZIP): 26,782
• Household income: $57,324
• Rent vs Own: 9.8% rent · 90.2% own
• Severe rent burden: 313.0

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 (80%)
• Race & ethnicity: White 80% Hispanic / Latino 11% Black 7% Two or more races 5%
• Hispanic origin (detail): Mexican 4% Puerto Rican 4% Cuban 1%
• Common ancestry: Romanian 7% Lithuanian 3% Slovak 2%
• Foreign-born: 8% · Canada, Jamaica
• Languages at home: 88% English-only · Spanish 9% French/Haitian/Cajun 1% German/W. Germanic 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: ▼ -67.48%
• Current HPI: 199.986
• 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

+218.7% since first listed

14 events — show timeline

• 2025-12-22 Price Changed $145,000 Stellar MLS as Distributed by MLS Grid
• 2025-04-10 Price Changed $155,000 Stellar MLS as Distributed by MLS Grid
• 2025-04-09 Relisted — Stellar MLS as Distributed by MLS Grid
• 2024-12-15 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2024-10-16 Relisted — Stellar MLS as Distributed by MLS Grid
• 2024-08-28 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-12-18 Listed $149,500 Stellar MLS as Distributed by MLS Grid
• 2014-11-10 Sold (MLS) $40,000 Stellar MLS as Distributed by MLS Grid
• 2014-08-11 Listed $44,000 Stellar MLS as Distributed by MLS Grid
• 2013-11-15 Sold (MLS) $33,100 Stellar MLS as Distributed by MLS Grid
• 2013-09-12 Listed $33,000 Stellar MLS as Distributed by MLS Grid
• 1999-12-20 Sold (Public Records) $35,000 Public Records
• 1999-12-20 Sold (Public Records) $35,000 Public Records
• 1985-08-01 Sold (Public Records) $45,500 Public Records

Property tax history

+9.6%/yr

Latest (2025): $2,118 · +10.8% YoY. Source: county tax records.