17353 SE 78th Harmony Cir · The Villages, FL 32162

$242,000

1 bd · 1.0 ba · 955 sqft · SingleFamily public records · 165 Days on market

Built 2002 3,485 sqft lot $253/sqft · 17% below area Est $293k · 17% under $204/mo HOA · 11% 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).

• ARV discount +15.0/15.0
• Cash flow +7.5/30.0
• Schools +3.6/10.0
• Rent growth +3.5/5.0
• Livability +3.5/5.0
• 1% rule +2.7/10.0
• Condition / age +2.5/5.0
• DSCR +1.6/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this recently renovated Nantucket Patio Villa located in the Sherwood Villas in the Village of Chatham. This home offers a low-maintenance, move-in-ready lifestyle in the heart of The Villages. BOND to be PAID at closing, adding exceptional value for the next owner. This home features an inviting open-concept floor plan with fresh neutral paint, and thoughtful upgrades throughout. The interior has been extensively updated, including modern lighting, new carpet, and custom fabric cornices that add a refined touch. The fully remodeled kitchen is designed for both function and style, showcasing light gray cabinetry, quartz countertops with coordinating backsplash, a deep stainless-steel sink with upgraded faucet, new plumbing, and stainless-steel appliances—perfect for everyday living or entertaining. The spacious primary suite offers a walk-in closet and a beautifully updated ensuite bath featuring a quartz vanity and upgraded fixtures. Enjoy Florida living at its best with a screened lanai with ceiling fan and a private side garden with awning, creating the perfect space for relaxing or hosting guests. Ideally located near Nancy Lopez Golf & Country Club, this home places you in close proximity that makes The Villages lifestyle so desirable. Additional updates include HVAC (2018) and Roof (2020). Turnkey package available.

Key facts

• Outdoor living area
• Quartz countertops
• Screened lanai

Tags

• OUTDOOR LIVING AREA
• SCREENED LANAI
• UPDATED KITCHEN
• QUARTZ COUNTERTOPS
• PRIVATE SIDE GARDEN

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath single-family listed at $242k.

Deal economics

• At list price, monthly cash flow is $-299 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $189k (21.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $187k (22.7% below list).
• Recommended offer: $187k (22.7% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 70/100 on livability (#431 in FL) — a middle-class / working-renter tenant base. Strengths: schools A+, crime A+, housing A; Watch: amenities F, commute F, health & safety 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 (+3.9%/yr); 551 active listings in the ZIP; 7,071 units permitted in Marion County in 2024 (534 in 5+ unit buildings).
• This rent runs 30% of the median local income ($74k/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.

Negotiation context

• It's been on market 165 days — a 12% lower offer ($213k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $42k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $186,985 (22.7% 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 165 days. Have you received any prior offers? Is the seller open to a 23% 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 A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
7. 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?
8. 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.
9. 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.
10. 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: 0.77% ✗
• Cap rate: 4.81%
• Cash-on-cash: -5.30%
• DSCR: 0.76
• GRM: 10.8

CMA / ARV

• ARV (median comp): $293,040
• List price: $242,000
• Delta: -17.42%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
17415 SE 82nd Pecan Ter	0.48mi	2/1.0 (+1)	1,071 (+12%)	10mo	$229,900	$215	44

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 · 3.92% rent growth · sell at horizon

5-year hold

• IRR: -24.2%
• Equity multiple: 0.17×
• Total profit: $-56,430
• Equity at exit: $36,083

10-year hold

• IRR: -16.9%
• Equity multiple: 0.03×
• Total profit: $-65,997
• Equity at exit: $20,924

Cash invested: $67,760 (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 32162

• Home prices YoY: -6.9%
• Rents YoY: 3.9%
• Active inventory: 551
• Price-to-rent: 10.8×

Monthly cashflow live

• Estimated rent: $1,870 medium
• Mortgage (P&I): −$1,269
• Tax from tax record: −$202 /mo · $2,429/yr
• Insurance: −$101
• HOA: −$204
• Vacancy / Maint / Mgmt: −$393
• Net cashflow: $-299

Break-even live

Break-even rent $2,249

Max offer price $189,150

Occupancy floor —

Sensitivity live

Price	-10% $-162	-5% $-231	+0% $-299	+5% $-368	+10% $-436
Rent	-10% $-447	-5% $-373	+0% $-299	+5% $-225	+10% $-151
Rate	-1.0pp $-177	-0.5pp $-238	base $-299	+0.5pp $-362	+1.0pp $-426

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: $60,500
• Closing costs: $7,260
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $204 · $2,448/yr

Listing history 19 events

1. 2026-06-13
   status $242,000 Pending 165 DOM
2. 2026-06-10
   days on market $242,000 Active 165 DOM
3. 2026-06-09
   days on market $242,000 Active 164 DOM
4. 2026-06-08
   days on market $242,000 Active 163 DOM
5. 2026-06-07
   days on market $242,000 Active 162 DOM
6. 2026-06-03
   days on market $242,000 Active 158 DOM
7. 2026-06-02
   days on market $242,000 Active 157 DOM
8. 2026-05-31
   days on market $242,000 Active 155 DOM
9. 2026-05-30
   days on market $242,000 Active 154 DOM
10. 2026-05-13
    price $249,000 1366-char remark

    Show marketing remark (1366 chars)

    Welcome to this recently renovated Nantucket Patio Villa located in the Sherwood Villas in the Village of Chatham. This home offers a low-maintenance, move-in-ready lifestyle in the heart of The Villages. BOND to be PAID at closing, adding exceptional value for the next owner. This home features an inviting open-concept floor plan with fresh neutral paint, and thoughtful upgrades throughout. The interior has been extensively updated, including modern lighting, new carpet, and custom fabric cornices that add a refined touch. The fully remodeled kitchen is designed for both function and style, showcasing light gray cabinetry, quartz countertops with coordinating backsplash, a deep stainless-steel sink with upgraded faucet, new plumbing, and stainless-steel appliances—perfect for everyday living or entertaining. The spacious primary suite offers a walk-in closet and a beautifully updated ensuite bath featuring a quartz vanity and upgraded fixtures. Enjoy Florida living at its best with a screened lanai with ceiling fan and a private side garden with awning, creating the perfect space for relaxing or hosting guests. Ideally located near Nancy Lopez Golf & Country Club, this home places you in close proximity that makes The Villages lifestyle so desirable. Additional updates include HVAC (2018) and Roof (2020). Turnkey package available.

11. 2026-04-02
    price $259,000 1366-char remark

    Show marketing remark (1366 chars)

    Welcome to this recently renovated Nantucket Patio Villa located in the Sherwood Villas in the Village of Chatham. This home offers a low-maintenance, move-in-ready lifestyle in the heart of The Villages. BOND to be PAID at closing, adding exceptional value for the next owner. This home features an inviting open-concept floor plan with fresh neutral paint, and thoughtful upgrades throughout. The interior has been extensively updated, including modern lighting, new carpet, and custom fabric cornices that add a refined touch. The fully remodeled kitchen is designed for both function and style, showcasing light gray cabinetry, quartz countertops with coordinating backsplash, a deep stainless-steel sink with upgraded faucet, new plumbing, and stainless-steel appliances—perfect for everyday living or entertaining. The spacious primary suite offers a walk-in closet and a beautifully updated ensuite bath featuring a quartz vanity and upgraded fixtures. Enjoy Florida living at its best with a screened lanai with ceiling fan and a private side garden with awning, creating the perfect space for relaxing or hosting guests. Ideally located near Nancy Lopez Golf & Country Club, this home places you in close proximity that makes The Villages lifestyle so desirable. Additional updates include HVAC (2018) and Roof (2020). Turnkey package available.

12. 2026-03-12
    price $269,000 1366-char remark

    Show marketing remark (1366 chars)

    Welcome to this recently renovated Nantucket Patio Villa located in the Sherwood Villas in the Village of Chatham. This home offers a low-maintenance, move-in-ready lifestyle in the heart of The Villages. BOND to be PAID at closing, adding exceptional value for the next owner. This home features an inviting open-concept floor plan with fresh neutral paint, and thoughtful upgrades throughout. The interior has been extensively updated, including modern lighting, new carpet, and custom fabric cornices that add a refined touch. The fully remodeled kitchen is designed for both function and style, showcasing light gray cabinetry, quartz countertops with coordinating backsplash, a deep stainless-steel sink with upgraded faucet, new plumbing, and stainless-steel appliances—perfect for everyday living or entertaining. The spacious primary suite offers a walk-in closet and a beautifully updated ensuite bath featuring a quartz vanity and upgraded fixtures. Enjoy Florida living at its best with a screened lanai with ceiling fan and a private side garden with awning, creating the perfect space for relaxing or hosting guests. Ideally located near Nancy Lopez Golf & Country Club, this home places you in close proximity that makes The Villages lifestyle so desirable. Additional updates include HVAC (2018) and Roof (2020). Turnkey package available.

13. 2026-02-25
    price $278,000 1366-char remark

    Show marketing remark (1366 chars)

    Welcome to this recently renovated Nantucket Patio Villa located in the Sherwood Villas in the Village of Chatham. This home offers a low-maintenance, move-in-ready lifestyle in the heart of The Villages. BOND to be PAID at closing, adding exceptional value for the next owner. This home features an inviting open-concept floor plan with fresh neutral paint, and thoughtful upgrades throughout. The interior has been extensively updated, including modern lighting, new carpet, and custom fabric cornices that add a refined touch. The fully remodeled kitchen is designed for both function and style, showcasing light gray cabinetry, quartz countertops with coordinating backsplash, a deep stainless-steel sink with upgraded faucet, new plumbing, and stainless-steel appliances—perfect for everyday living or entertaining. The spacious primary suite offers a walk-in closet and a beautifully updated ensuite bath featuring a quartz vanity and upgraded fixtures. Enjoy Florida living at its best with a screened lanai with ceiling fan and a private side garden with awning, creating the perfect space for relaxing or hosting guests. Ideally located near Nancy Lopez Golf & Country Club, this home places you in close proximity that makes The Villages lifestyle so desirable. Additional updates include HVAC (2018) and Roof (2020). Turnkey package available.

14. 2025-12-27
    listed $284,000 Active 1366-char remark

    Show marketing remark (1366 chars)

    Welcome to this recently renovated Nantucket Patio Villa located in the Sherwood Villas in the Village of Chatham. This home offers a low-maintenance, move-in-ready lifestyle in the heart of The Villages. BOND to be PAID at closing, adding exceptional value for the next owner. This home features an inviting open-concept floor plan with fresh neutral paint, and thoughtful upgrades throughout. The interior has been extensively updated, including modern lighting, new carpet, and custom fabric cornices that add a refined touch. The fully remodeled kitchen is designed for both function and style, showcasing light gray cabinetry, quartz countertops with coordinating backsplash, a deep stainless-steel sink with upgraded faucet, new plumbing, and stainless-steel appliances—perfect for everyday living or entertaining. The spacious primary suite offers a walk-in closet and a beautifully updated ensuite bath featuring a quartz vanity and upgraded fixtures. Enjoy Florida living at its best with a screened lanai with ceiling fan and a private side garden with awning, creating the perfect space for relaxing or hosting guests. Ideally located near Nancy Lopez Golf & Country Club, this home places you in close proximity that makes The Villages lifestyle so desirable. Additional updates include HVAC (2018) and Roof (2020). Turnkey package available.

15. 2025-04-21
    soldstatus $225,000
16. 2025-04-15
    soldstatus $225,000 Closed 760-char remark

    Show marketing remark (760 chars)

    You will FALL in LOVE the minute you walk through the Front Door of your new VILLAGE HOME. Owners pride shows throughout. This 1/1 NANTUCKET Floor Plan is Bright and Cheery and is dressed up in a POPULAR color scheme, and is available furnished. There is comfy carpet in the main living areas with the exception of the kitchen and bath. Perfectly located with easy access to the POPULAR Nancy Lopez Golf Course and Restaurant, Shopping and other conveniences. The home offers a screened front porch for relaxing and enjoying the BEAUTIFUL FLORIDA WEATHER. New ROOF in 2020, HVAC in 2018. The low Bond balance is just $1,240 remaining. Seller is providing a 1 year home warranty for the new buyer at closing. Schedule your showing today on this ADORABLE HOME.

17. 2025-03-17
    status Pending 760-char remark

    Show marketing remark (760 chars)

    You will FALL in LOVE the minute you walk through the Front Door of your new VILLAGE HOME. Owners pride shows throughout. This 1/1 NANTUCKET Floor Plan is Bright and Cheery and is dressed up in a POPULAR color scheme, and is available furnished. There is comfy carpet in the main living areas with the exception of the kitchen and bath. Perfectly located with easy access to the POPULAR Nancy Lopez Golf Course and Restaurant, Shopping and other conveniences. The home offers a screened front porch for relaxing and enjoying the BEAUTIFUL FLORIDA WEATHER. New ROOF in 2020, HVAC in 2018. The low Bond balance is just $1,240 remaining. Seller is providing a 1 year home warranty for the new buyer at closing. Schedule your showing today on this ADORABLE HOME.

18. 2025-03-14
    listed $225,000 Active 760-char remark

    Show marketing remark (760 chars)

    You will FALL in LOVE the minute you walk through the Front Door of your new VILLAGE HOME. Owners pride shows throughout. This 1/1 NANTUCKET Floor Plan is Bright and Cheery and is dressed up in a POPULAR color scheme, and is available furnished. There is comfy carpet in the main living areas with the exception of the kitchen and bath. Perfectly located with easy access to the POPULAR Nancy Lopez Golf Course and Restaurant, Shopping and other conveniences. The home offers a screened front porch for relaxing and enjoying the BEAUTIFUL FLORIDA WEATHER. New ROOF in 2020, HVAC in 2018. The low Bond balance is just $1,240 remaining. Seller is providing a 1 year home warranty for the new buyer at closing. Schedule your showing today on this ADORABLE HOME.

19. 2012-03-08
    soldstatus $94,000

ⓘ 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: $2,429 · $202/mo
• Projected year-2 tax: $2,429 · $202/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 4/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥109°F today · 20 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,438
• − Mortgage interest: −$13,556
• − Property taxes: −$2,429
• − Insurance: −$1,210
• − Repairs & maintenance: −$1,795
• − Management: −$1,795
• − HOA: −$2,448
• − Depreciation: −$7,040
• Taxable loss: −$7,835
• Est. tax savings @ 24.0%: +$1,880
• After-tax cash flow: $-1,710/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 — The Villages

• Score: 70/100
• State rank: #431
• US rank: #7363

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: The Villages, FL
• County: Sumter County · 110,591 people
• City population: 83,973
• Metro: The Villages, FL
• Population (ZIP): 55,424
• Household income: $74,119
• Rent vs Own: 7.1% rent · 92.9% own
• Severe rent burden: 987.0

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 (95%)
• Race & ethnicity: White 95% Two or more races 2% Hispanic / Latino 2% Asian 1% Black 1%
• Common ancestry: Romanian 7% Slovak 4% Lithuanian 4%
• Foreign-born: 5% · Canada
• Languages at home: 96% English-only · Spanish 1% Tagalog/Filipino 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: ▼ -16.16%
• Current HPI: 218.1956
• Rent YoY: ▲ 3.92%
• Metro: The Villages, 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

+164.9% since first listed

10 events — show timeline

• 2026-05-13 Price Changed $249,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-02 Price Changed $259,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-12 Price Changed $269,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-25 Price Changed $278,000 Stellar MLS as Distributed by MLS Grid
• 2025-12-27 Listed $284,000 Stellar MLS as Distributed by MLS Grid
• 2025-04-21 Sold (Public Records) $225,000 Public Records
• 2025-04-15 Sold (MLS) $225,000 Stellar MLS as Distributed by MLS Grid
• 2025-03-17 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-03-14 Listed $225,000 Stellar MLS as Distributed by MLS Grid
• 2012-03-08 Sold (Public Records) $94,000 Public Records

Property tax history

+3.7%/yr

Latest (2025): $2,429 · +11.6% YoY. Source: county tax records.