2251 W Swanson Dr · Pine Ridge, FL 34434

$284,990

4 bd · 2.0 ba · 1,829 sqft · Land · 123 Days on market

Built 2026

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Why this score? — see what drove the F 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 +7.6/30.0
• ARV discount +7.5/15.0
• Schools +4.1/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +2.2/10.0
• DSCR +1.7/10.0
• Appreciation +0.1/10.0

Listing remarks MLS

Christopher Alan Homes is offering new, quality homes at attainable prices in Citrus SpringsNestled in the heart of Florida's Nature Coast, Citrus Springs offers a welcoming blend of small-town charm and natural beauty. This peaceful community is known for its tree-lined streets, abundant green spaces, and a relaxed lifestyle that's perfect for families, retirees, and anyone seeking a slower pace of life. Residents enjoy access to scenic walking and biking trails, world-class freshwater springs, and the nearby Withlacoochee State Trail-one of the longest paved recreational trails in the state. Citrus Springs also features convenient amenities such as schools, parks, and local shops, while larger city conveniences, dining, and healthcare are just a short drive away. Outdoor enthusiasts appreciate the area's proximity to rivers, lakes, and the Gulf of Mexico, offering endless opportunities for boating, fishing, kayaking, and wildlife exploration. With its affordable living, natural beauty, and strong sense of community, Citrus Springs is a hidden gem on Florida's west coast-an ideal place to build your new home. DRE# 175519667

Key facts

• Parks
• Schools
• Tree lined streets

Tags

• TREE LINED STREETS
• ABUNDANT GREEN SPACES
• WITHLACOOCHEE STATE TRAIL
• SCHOOLS
• PARKS
• LOCAL SHOPS

🏗️ New construction. Builder plan / spec listing (the home may be to-be-built); metrics use comparable previous sales.

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath land listed at $285k.

Deal economics

• At list price, monthly cash flow is $-346 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $235k (17.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $206k (27.9% below list).
• Recommended offer: $206k (27.9% below list) — sets the bar for 1% rule.
• Cap rate 4.8% vs local median 3.4% in Pine Ridge — 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 67/100 on livability (#565 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+, cost of living A-; Watch: health & safety C-, amenities F, commute F.
• Citrus (rural): math 49% / reading 50% proficiency, ranked #44 of 73 in FL (top 60%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Central Ridge Elementary School (math 41% / reading 44%, grade F, #1,383 of 2,144 statewide, top 65%, 723 students, 64% FRL); Citrus Springs Middle School (math 55% / reading 54%, grade B-, #183 of 571 statewide, top 34%, 821 students, 59% FRL); Lecanto High School (math 46% / reading 53%, grade D, #179 of 667 statewide, top 29%, 1,630 students, 46% FRL) — zoned schools at 56% FRL track the district average.
• Market conditions: 1247 active listings in the ZIP; 15 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 2,443 units permitted in Citrus County in 2024 (0 in 5+ unit buildings).
• This rent runs 36% of the median local income ($69k/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 $9k of value loss. Plan a longer hold.
• Citrus County population projected to shrink 10% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 123 days — a 12% lower offer ($251k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 4y 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 $12k; list at $285k implies a 2275% 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; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $205,501 (27.9% 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 123 days. Have you received any prior offers? Is the seller open to a 28% 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: 0.72% ✗
• Cap rate: 4.84%
• Cash-on-cash: -5.20%
• DSCR: 0.77
• GRM: 11.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -25.2%
• Equity multiple: 0.15×
• Total profit: $-68,189
• Equity at exit: $42,493

10-year hold

• IRR: -21.1%
• Equity multiple: -0.10×
• Total profit: $-87,632
• Equity at exit: $24,641

Cash invested: $79,797 (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 34434

• Home prices YoY: -2.9%
• Active inventory: 1247
• Price-to-rent: 11.6×

Monthly cashflow live

• Estimated rent: $2,055 high
• Mortgage (P&I): −$1,495
• Tax est. 1.5%: −$356 /mo · $4,275/yr
• Insurance: −$119
• HOA: −$0
• Vacancy / Maint / Mgmt: −$432
• Net cashflow: $-346

Break-even live

Break-even rent $2,493

Max offer price $234,917

Occupancy floor —

Sensitivity live

Price	-10% $-149	-5% $-248	+0% $-346	+5% $-445	+10% $-543
Rent	-10% $-508	-5% $-427	+0% $-346	+5% $-265	+10% $-184
Rate	-1.0pp $-203	-0.5pp $-274	base $-346	+0.5pp $-420	+1.0pp $-495

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: $71,248
• Closing costs: $8,550
• Reserves months: —
• Total cash needed: —

Rent comps 15 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2117 W Swanson Dr Citrus Springs, FL	4.0	2.0	1580	$1,850	$1.17	22d	1	0.13mi
2195 W Tall Oaks Dr Beverly Hills, FL	3.0	2.0	1688	$2,200	$1.30	22d	1	0.38mi
5825 N Larkspur Way Beverly Hills, FL	3.0	2.0	1618	$2,300	$1.42	22d	1	0.74mi
1482 W Manchester Dr Dunnellon, FL	3.0	2.0	1540	$1,695	$1.10	22d	1	0.75mi
6251 W Whispering Dr Citrus Springs, FL	4.0	2.0	1617	$1,815	$1.12	22d	1	0.84mi
7175 N Varsity Ave Citrus Springs, FL	3.0	2.0	1428	$1,795	$1.26	22d	1	0.92mi
7047 N Lime Dr Citrus Springs, FL	4.0	2.0	1630	$1,900	$1.17	22d	1	0.98mi
6865 N Pavilion Loop Citrus Springs, FL	4.0	2.0	1674	$1,850	$1.11	22d	1	1.04mi
7062 N Regent Ter Citrus Springs, FL	4.0	2.0	1621	$1,700	$1.05	22d	1	1.13mi
7061 N Outrigger Ter Citrus Springs, FL	4.0	2.0	1621	$1,700	$1.05	22d	1	1.15mi
3467 W Seahorse Ln Dunnellon, FL	4.0	2.5	1846	$2,100	$1.14	22d	1	1.21mi
669 W Homeway Loop Citrus Springs, FL	4.0	2.0	1580	$1,895	$1.20	22d	1	1.26mi
5950 N Petunia Ter Beverly Hills, FL	3.0	2.0	2173	$2,500	$1.15	22d	1	1.43mi
1912 W Quaker Ln Citrus Springs, FL	4.0	2.0	1636	$1,895	$1.16	22d	1	1.45mi
3732 W Wilburton Dr Dunnellon, FL	4.0	2.0	1615	$1,775	$1.10	22d	1	1.48mi

Listing history 32 events

1. 2026-06-21
   days on market $284,990 Active 123 DOM
2. 2026-06-19
   days on market $284,990 Active 121 DOM
3. 2026-06-18
   days on market $284,990 Active 120 DOM
4. 2026-06-17
   days on market $284,990 Active 119 DOM
5. 2026-06-16
   days on market $284,990 Active 118 DOM
6. 2026-06-15
   days on market $284,990 Active 117 DOM
7. 2026-06-14
   days on market $284,990 Active 115 DOM
8. 2026-06-13
   days on market $284,990 Active 114 DOM
9. 2026-06-09
   days on market $284,990 Active 111 DOM
10. 2026-06-08
    days on market $284,990 Active 110 DOM
11. 2026-06-03
    days on market $284,990 Active 105 DOM
12. 2026-06-02
    days on market $284,990 Active 104 DOM
13. 2026-06-01
    statusdays on marketlisting id $284,990 Active 103 DOM
14. 2026-04-27
    status Pending
15. 2026-04-07
    price $284,990 1142-char remark

    Show marketing remark (1142 chars)

    Christopher Alan Homes is offering new, quality homes at attainable prices in Citrus SpringsNestled in the heart of Florida's Nature Coast, Citrus Springs offers a welcoming blend of small-town charm and natural beauty. This peaceful community is known for its tree-lined streets, abundant green spaces, and a relaxed lifestyle that's perfect for families, retirees, and anyone seeking a slower pace of life. Residents enjoy access to scenic walking and biking trails, world-class freshwater springs, and the nearby Withlacoochee State Trail-one of the longest paved recreational trails in the state. Citrus Springs also features convenient amenities such as schools, parks, and local shops, while larger city conveniences, dining, and healthcare are just a short drive away. Outdoor enthusiasts appreciate the area's proximity to rivers, lakes, and the Gulf of Mexico, offering endless opportunities for boating, fishing, kayaking, and wildlife exploration. With its affordable living, natural beauty, and strong sense of community, Citrus Springs is a hidden gem on Florida's west coast-an ideal place to build your new home. DRE# 175519667

16. 2026-04-06
    price $284,990
17. 2026-03-06
    status Active 1142-char remark

    Show marketing remark (1142 chars)

    Christopher Alan Homes is offering new, quality homes at attainable prices in Citrus SpringsNestled in the heart of Florida's Nature Coast, Citrus Springs offers a welcoming blend of small-town charm and natural beauty. This peaceful community is known for its tree-lined streets, abundant green spaces, and a relaxed lifestyle that's perfect for families, retirees, and anyone seeking a slower pace of life. Residents enjoy access to scenic walking and biking trails, world-class freshwater springs, and the nearby Withlacoochee State Trail-one of the longest paved recreational trails in the state. Citrus Springs also features convenient amenities such as schools, parks, and local shops, while larger city conveniences, dining, and healthcare are just a short drive away. Outdoor enthusiasts appreciate the area's proximity to rivers, lakes, and the Gulf of Mexico, offering endless opportunities for boating, fishing, kayaking, and wildlife exploration. With its affordable living, natural beauty, and strong sense of community, Citrus Springs is a hidden gem on Florida's west coast-an ideal place to build your new home. DRE# 175519667

18. 2026-03-06
    historical 1142-char remark

    Show marketing remark (1142 chars)

    Christopher Alan Homes is offering new, quality homes at attainable prices in Citrus SpringsNestled in the heart of Florida's Nature Coast, Citrus Springs offers a welcoming blend of small-town charm and natural beauty. This peaceful community is known for its tree-lined streets, abundant green spaces, and a relaxed lifestyle that's perfect for families, retirees, and anyone seeking a slower pace of life. Residents enjoy access to scenic walking and biking trails, world-class freshwater springs, and the nearby Withlacoochee State Trail-one of the longest paved recreational trails in the state. Citrus Springs also features convenient amenities such as schools, parks, and local shops, while larger city conveniences, dining, and healthcare are just a short drive away. Outdoor enthusiasts appreciate the area's proximity to rivers, lakes, and the Gulf of Mexico, offering endless opportunities for boating, fishing, kayaking, and wildlife exploration. With its affordable living, natural beauty, and strong sense of community, Citrus Springs is a hidden gem on Florida's west coast-an ideal place to build your new home. DRE# 175519667

19. 2026-02-17
    listed $286,990 Active 1142-char remark

    Show marketing remark (1142 chars)

    Christopher Alan Homes is offering new, quality homes at attainable prices in Citrus SpringsNestled in the heart of Florida's Nature Coast, Citrus Springs offers a welcoming blend of small-town charm and natural beauty. This peaceful community is known for its tree-lined streets, abundant green spaces, and a relaxed lifestyle that's perfect for families, retirees, and anyone seeking a slower pace of life. Residents enjoy access to scenic walking and biking trails, world-class freshwater springs, and the nearby Withlacoochee State Trail-one of the longest paved recreational trails in the state. Citrus Springs also features convenient amenities such as schools, parks, and local shops, while larger city conveniences, dining, and healthcare are just a short drive away. Outdoor enthusiasts appreciate the area's proximity to rivers, lakes, and the Gulf of Mexico, offering endless opportunities for boating, fishing, kayaking, and wildlife exploration. With its affordable living, natural beauty, and strong sense of community, Citrus Springs is a hidden gem on Florida's west coast-an ideal place to build your new home. DRE# 175519667

20. 2026-01-05
    price $286,990
21. 2025-12-04
    listed $294,990 Active
22. 2024-08-12
    soldstatus $12,000 Closed 1121-char remark

    Show marketing remark (1121 chars)

    Build your home on this beautiful lot in the Citrus Springs community – no HOA. It is zoned (RUR) Residential single-family dwellings for site-built homes only. The area is growing with lots of new homes being constructed; 3 adjacent lots are also available for sale. The location is close to shopping, medical services, supermarkets, and excellent restaurants. The lot is surrounded by three golfing facilities: Citrus Springs Golf & Country Club, Pine Ridge Golf Club, and the Twisted Oaks Golf Club; the golf clubs include restaurants, putting greens & driving range. The location is in close proximity to Central Ridge Park, a 133-acre park that offers a pavilion, 3 baseball fields, 3 racquetball courts, a softball field, 2 soccer fields, 2 volley courts, a jogging trail, picnic tables, a playground, restrooms, etc. Enjoy all the water fun such as tubing, kayaking, boating, fishing, snorkeling, manatee watching, etc. , from the beautiful freshwater springs like the Rainbow River or the Crystal River. Launch your boat from the Kings Bay Park Boat Ramp or store it at Pete’s Pier Marina.

23. 2024-08-12
    soldstatus $67,000

    Show marketing remark (1121 chars)

    Build your home on this beautiful lot in the Citrus Springs community – no HOA. It is zoned (RUR) Residential single-family dwellings for site-built homes only. The area is growing with lots of new homes being constructed; 3 adjacent lots are also available for sale. The location is close to shopping, medical services, supermarkets, and excellent restaurants. The lot is surrounded by three golfing facilities: Citrus Springs Golf & Country Club, Pine Ridge Golf Club, and the Twisted Oaks Golf Club; the golf clubs include restaurants, putting greens & driving range. The location is in close proximity to Central Ridge Park, a 133-acre park that offers a pavilion, 3 baseball fields, 3 racquetball courts, a softball field, 2 soccer fields, 2 volley courts, a jogging trail, picnic tables, a playground, restrooms, etc. Enjoy all the water fun such as tubing, kayaking, boating, fishing, snorkeling, manatee watching, etc. , from the beautiful freshwater springs like the Rainbow River or the Crystal River. Launch your boat from the Kings Bay Park Boat Ramp or store it at Pete’s Pier Marina.

24. 2024-07-01
    status Pending 1121-char remark

    Show marketing remark (1121 chars)

    Build your home on this beautiful lot in the Citrus Springs community – no HOA. It is zoned (RUR) Residential single-family dwellings for site-built homes only. The area is growing with lots of new homes being constructed; 3 adjacent lots are also available for sale. The location is close to shopping, medical services, supermarkets, and excellent restaurants. The lot is surrounded by three golfing facilities: Citrus Springs Golf & Country Club, Pine Ridge Golf Club, and the Twisted Oaks Golf Club; the golf clubs include restaurants, putting greens & driving range. The location is in close proximity to Central Ridge Park, a 133-acre park that offers a pavilion, 3 baseball fields, 3 racquetball courts, a softball field, 2 soccer fields, 2 volley courts, a jogging trail, picnic tables, a playground, restrooms, etc. Enjoy all the water fun such as tubing, kayaking, boating, fishing, snorkeling, manatee watching, etc. , from the beautiful freshwater springs like the Rainbow River or the Crystal River. Launch your boat from the Kings Bay Park Boat Ramp or store it at Pete’s Pier Marina.

25. 2023-10-17
    status Active 1121-char remark

    Show marketing remark (1121 chars)

    Build your home on this beautiful lot in the Citrus Springs community – no HOA. It is zoned (RUR) Residential single-family dwellings for site-built homes only. The area is growing with lots of new homes being constructed; 3 adjacent lots are also available for sale. The location is close to shopping, medical services, supermarkets, and excellent restaurants. The lot is surrounded by three golfing facilities: Citrus Springs Golf & Country Club, Pine Ridge Golf Club, and the Twisted Oaks Golf Club; the golf clubs include restaurants, putting greens & driving range. The location is in close proximity to Central Ridge Park, a 133-acre park that offers a pavilion, 3 baseball fields, 3 racquetball courts, a softball field, 2 soccer fields, 2 volley courts, a jogging trail, picnic tables, a playground, restrooms, etc. Enjoy all the water fun such as tubing, kayaking, boating, fishing, snorkeling, manatee watching, etc. , from the beautiful freshwater springs like the Rainbow River or the Crystal River. Launch your boat from the Kings Bay Park Boat Ramp or store it at Pete’s Pier Marina.

26. 2023-10-12
    historical 1121-char remark

    Show marketing remark (1121 chars)

    Build your home on this beautiful lot in the Citrus Springs community – no HOA. It is zoned (RUR) Residential single-family dwellings for site-built homes only. The area is growing with lots of new homes being constructed; 3 adjacent lots are also available for sale. The location is close to shopping, medical services, supermarkets, and excellent restaurants. The lot is surrounded by three golfing facilities: Citrus Springs Golf & Country Club, Pine Ridge Golf Club, and the Twisted Oaks Golf Club; the golf clubs include restaurants, putting greens & driving range. The location is in close proximity to Central Ridge Park, a 133-acre park that offers a pavilion, 3 baseball fields, 3 racquetball courts, a softball field, 2 soccer fields, 2 volley courts, a jogging trail, picnic tables, a playground, restrooms, etc. Enjoy all the water fun such as tubing, kayaking, boating, fishing, snorkeling, manatee watching, etc. , from the beautiful freshwater springs like the Rainbow River or the Crystal River. Launch your boat from the Kings Bay Park Boat Ramp or store it at Pete’s Pier Marina.

27. 2023-04-25
    status Active 1121-char remark

    Show marketing remark (1121 chars)

    Build your home on this beautiful lot in the Citrus Springs community – no HOA. It is zoned (RUR) Residential single-family dwellings for site-built homes only. The area is growing with lots of new homes being constructed; 3 adjacent lots are also available for sale. The location is close to shopping, medical services, supermarkets, and excellent restaurants. The lot is surrounded by three golfing facilities: Citrus Springs Golf & Country Club, Pine Ridge Golf Club, and the Twisted Oaks Golf Club; the golf clubs include restaurants, putting greens & driving range. The location is in close proximity to Central Ridge Park, a 133-acre park that offers a pavilion, 3 baseball fields, 3 racquetball courts, a softball field, 2 soccer fields, 2 volley courts, a jogging trail, picnic tables, a playground, restrooms, etc. Enjoy all the water fun such as tubing, kayaking, boating, fishing, snorkeling, manatee watching, etc. , from the beautiful freshwater springs like the Rainbow River or the Crystal River. Launch your boat from the Kings Bay Park Boat Ramp or store it at Pete’s Pier Marina.

28. 2023-04-12
    historical 1121-char remark

    Show marketing remark (1121 chars)

    Build your home on this beautiful lot in the Citrus Springs community – no HOA. It is zoned (RUR) Residential single-family dwellings for site-built homes only. The area is growing with lots of new homes being constructed; 3 adjacent lots are also available for sale. The location is close to shopping, medical services, supermarkets, and excellent restaurants. The lot is surrounded by three golfing facilities: Citrus Springs Golf & Country Club, Pine Ridge Golf Club, and the Twisted Oaks Golf Club; the golf clubs include restaurants, putting greens & driving range. The location is in close proximity to Central Ridge Park, a 133-acre park that offers a pavilion, 3 baseball fields, 3 racquetball courts, a softball field, 2 soccer fields, 2 volley courts, a jogging trail, picnic tables, a playground, restrooms, etc. Enjoy all the water fun such as tubing, kayaking, boating, fishing, snorkeling, manatee watching, etc. , from the beautiful freshwater springs like the Rainbow River or the Crystal River. Launch your boat from the Kings Bay Park Boat Ramp or store it at Pete’s Pier Marina.

29. 2022-11-21
    listed $32,000 Active 1121-char remark

    Show marketing remark (1121 chars)

    Build your home on this beautiful lot in the Citrus Springs community – no HOA. It is zoned (RUR) Residential single-family dwellings for site-built homes only. The area is growing with lots of new homes being constructed; 3 adjacent lots are also available for sale. The location is close to shopping, medical services, supermarkets, and excellent restaurants. The lot is surrounded by three golfing facilities: Citrus Springs Golf & Country Club, Pine Ridge Golf Club, and the Twisted Oaks Golf Club; the golf clubs include restaurants, putting greens & driving range. The location is in close proximity to Central Ridge Park, a 133-acre park that offers a pavilion, 3 baseball fields, 3 racquetball courts, a softball field, 2 soccer fields, 2 volley courts, a jogging trail, picnic tables, a playground, restrooms, etc. Enjoy all the water fun such as tubing, kayaking, boating, fishing, snorkeling, manatee watching, etc. , from the beautiful freshwater springs like the Rainbow River or the Crystal River. Launch your boat from the Kings Bay Park Boat Ramp or store it at Pete’s Pier Marina.

30. 2022-11-21
    historical

    Show marketing remark (1121 chars)

    Build your home on this beautiful lot in the Citrus Springs community – no HOA. It is zoned (RUR) Residential single-family dwellings for site-built homes only. The area is growing with lots of new homes being constructed; 3 adjacent lots are also available for sale. The location is close to shopping, medical services, supermarkets, and excellent restaurants. The lot is surrounded by three golfing facilities: Citrus Springs Golf & Country Club, Pine Ridge Golf Club, and the Twisted Oaks Golf Club; the golf clubs include restaurants, putting greens & driving range. The location is in close proximity to Central Ridge Park, a 133-acre park that offers a pavilion, 3 baseball fields, 3 racquetball courts, a softball field, 2 soccer fields, 2 volley courts, a jogging trail, picnic tables, a playground, restrooms, etc. Enjoy all the water fun such as tubing, kayaking, boating, fishing, snorkeling, manatee watching, etc. , from the beautiful freshwater springs like the Rainbow River or the Crystal River. Launch your boat from the Kings Bay Park Boat Ramp or store it at Pete’s Pier Marina.

31. 2022-10-12
    listed $32,000 Active
32. 1992-12-01
    soldstatus $6,342,700

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥107°F today · 23 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,660
• − Mortgage interest: −$15,964
• − Property taxes: −$4,275
• − Insurance: −$1,425
• − Repairs & maintenance: −$1,973
• − Management: −$1,973
• − Depreciation: −$8,291
• Taxable loss: −$9,240
• Est. tax savings @ 24.0%: +$2,218
• After-tax cash flow: $-1,935/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: Citrus
• NCES district ID: 1200270
• Math proficiency: 49% ▼ -10.00%
• Reading proficiency: 50% ▼ -6.00%
• Median HH income: $38,618
• Composite: 41.28/100
• National rank: #3519
• State rank: #44 of 73 in FL

Livability — Pine Ridge

• Score: 67/100
• State rank: #565
• US rank: #10798

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Pine Ridge, FL
• County: Citrus County · 111,314 people
• City population: 18,514
• Metro: Homosassa Springs, FL
• Population (ZIP): 11,074
• Household income: $68,939
• Rent vs Own: 12.4% rent · 87.6% own
• Severe rent burden: 171.0

Population outlook (Citrus County) Hauer SSP2

• Today (2025): 138,622 people
• By 2030: 136,886 · -1.3%
• By 2040: 132,009 · -4.8%
• By 2050: 125,196 · -9.7%
• By 2075: 108,570 · -21.7%
• By 2100: 84,454 · -39.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (78%)
• Race & ethnicity: White 78% Two or more races 11% Hispanic / Latino 9% Black 6%
• Hispanic origin (detail): Mexican 3% Puerto Rican 4%
• Common ancestry: Iranian 3% Romanian 2% Slovak 2%
• Foreign-born: 4% · Canada
• Languages at home: 93% English-only · Spanish 5% German/W. Germanic 1% Other Indo-European 1%

Political lean MEDSL · Citrus

• 2024 margin: Solid R (+45.9) · D 26.8% · R 72.6%
• 2008→2024 swing: -29.8pp toward R · 2008: -16.1pp · 2024: -45.9pp
• All cycles: 2024: R+45.9 2020: R+41.0 2016: R+39.7 2012: R+21.9 2008: R+16.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -9.70%
• Current HPI: 328.2164
• Rent YoY: —
• Metro: Homosassa Springs, 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

-95.5% since first listed

19 events — show timeline

• 2026-04-27 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-04-07 Price Changed $284,990 Zillow
• 2026-04-06 Price Changed $284,990 Stellar MLS as Distributed by MLS Grid
• 2026-03-06 Relisted — Zillow
• 2026-03-06 Delisted — Zillow
• 2026-02-17 Listed $286,990 Zillow
• 2026-01-05 Price Changed $286,990 Stellar MLS as Distributed by MLS Grid
• 2025-12-04 Listed $294,990 Stellar MLS as Distributed by MLS Grid
• 2024-08-12 Sold (Public Records) $67,000 Public Records
• 2024-08-12 Sold (MLS) $12,000 Stellar MLS as Distributed by MLS Grid
• 2024-07-01 Pending — Stellar MLS as Distributed by MLS Grid
• 2023-10-17 Relisted — Stellar MLS as Distributed by MLS Grid
• 2023-10-12 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2023-04-25 Relisted — Stellar MLS as Distributed by MLS Grid
• 2023-04-12 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2022-11-21 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2022-11-21 Listed $32,000 Stellar MLS as Distributed by MLS Grid
• 2022-10-12 Listed $32,000 Stellar MLS as Distributed by MLS Grid
• 1992-12-01 Sold (Public Records) $6,342,700 Public Records

Property tax history

+2.7%/yr

Latest (2025): $282 · +98.1% YoY. Source: county tax records.