17076 SE 115th Terrace Rd · Lady Lake, FL 34491

$279,000

3 bd · 2.0 ba · 1,752 sqft · SingleFamily public records · 297 Days on market

Built 2000 6,098 sqft lot $159/sqft · 19% below area Est $343k · 19% under $145/mo HOA · 7% 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 +9.3/30.0
• Schools +3.6/10.0
• Livability +3.5/5.0
• 1% rule +2.8/10.0
• DSCR +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

– REDUCED PRICE – MOTIVATED SELLER – Welcome to Stonecrest! This spacious 3-bedroom, 2-bath home offering 1,752 sq ft is nestled in one of the area’s most sought-after 55+ retirement communities, Stonecrest. Designed for both comfort and convenience, the home features vaulted ceilings, generously sized rooms, and an open-concept layout filled with natural light — creating a seamless flow that’s perfect for everyday living and entertaining. The spacious Florida room, offering a private and secluded view, extends your living area and provides the perfect setting to relax and enjoy Florida sunshine year-round. The kitchen and dining area are enhanced by a built-in buffet cabinet, delivering stylish storage and additional counter space — ideal for hosting gatherings with family and friends. Life in Stonecrest means embracing a vibrant, resort-style 55+ lifestyle with access to: Golf - Multiple swimming pools - Clubhouse and fitness facilities - A wide variety of clubs, activities, and social events and the security of a gated community. Whether you’re entertaining guests, unwinding in your Florida room, or enjoying the exceptional amenities, this home is ready to welcome you.

Key facts

• Gated community
• Clubhouse
• Florida room

Tags

• FLORIDA ROOM
• BUILT-IN BUFFET CABINET
• GATED COMMUNITY
• GOLF ACCESS
• MULTIPLE POOLS
• CLUBHOUSE

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $279k.

Deal economics

• At list price, monthly cash flow is $-206 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $243k (13.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $216k (22.4% below list).
• Recommended offer: $216k (22.4% below list) — sets the bar for 1% rule.
• Cap rate 5.4% vs local median 4.1% in Lady Lake — 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 69/100 on livability (#457 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A-; Watch: employment D, amenities F, commute 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.
• Zoned schools: Stanton-Weirsdale Elementary School (math 42% / reading 36%, grade F, #1,560 of 2,144 statewide, top 73%, 544 students, 70% FRL); Lake Weir Middle School (math 37% / reading 33%, grade F, #416 of 571 statewide, top 74%, 1,207 students, 76% FRL); Lake Weir High School (math 23% / reading 34%, grade F, #458 of 667 statewide, top 69%, 1,483 students, 68% FRL).
• Market conditions: 713 active listings in the ZIP; 12 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 39% of the median local income ($67k/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 $8k 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 297 days — a 12% lower offer ($246k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 20y ago; this cycle's ask has dropped $36k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $238k; 17% 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→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $216,453 (22.4% 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 297 days. Have you received any prior offers? Is the seller open to a 22% 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 B-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: 0.78% ✗
• Cap rate: 5.41%
• Cash-on-cash: -3.17%
• DSCR: 0.86
• GRM: 10.7

CMA / ARV

• ARV (median comp): $343,225
• List price: $279,000
• Delta: -18.71%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
11735 SE 174th Loop	0.37mi	3/2.0	1,777 (+1%)	3mo	$390,000	$219	77
16420 SE 117th Ave	0.62mi	3/2.0	1,737 (-1%)	3mo	$145,151	$84	68
17472 SE 112th Ct	0.58mi	3/2.0	1,734 (-1%)	8mo	$366,548	$211	65
11883 SE 176th Place Rd	0.60mi	3/2.0	1,815 (+4%)	3mo	$375,000	$207	63
11945 SE 171st Loop	0.28mi	2/2.0 (-1)	1,566 (-11%)	9mo	$329,900	$211	57
17600 SE 117th Cir	0.59mi	2/2.0 (-1)	1,588 (-9%)	1mo	$268,000	$169	51
10986 SE 171st Street Rd	0.72mi	3/2.0	1,631 (-7%)	11mo	$325,000	$199	46
17755 SE 117th Cir	0.61mi	3/2.0	1,971 (+12%)	10mo	$320,000	$162	42
17430 SE 110th Ter	0.69mi	2/2.0 (-1)	1,623 (-7%)	12mo	$309,900	$191	40
17389 SE 122nd Ct	0.69mi	3/2.0	1,523 (-13%)	9mo	$325,000	$213	38
16904 SE 110th Court Rd	0.62mi	3/2.0	1,994 (+14%)	15mo	$360,000	$181	35
17504 SE 119th Cir	0.63mi	2/2.0 (-1)	1,544 (-12%)	15mo	$315,000	$204	34

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: -21.6%
• Equity multiple: 0.25×
• Total profit: $-58,320
• Equity at exit: $41,600

10-year hold

• IRR: -15.3%
• Equity multiple: 0.13×
• Total profit: $-67,595
• Equity at exit: $24,123

Cash invested: $78,120 (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 34491

• Home prices YoY: -35.0%
• Active inventory: 713
• Price-to-rent: 10.7×

Monthly cashflow live

• Estimated rent: $2,165 high
• Mortgage (P&I): −$1,463
• Tax from tax record: −$192 /mo · $2,302/yr
• Insurance: −$116
• HOA: −$145
• Vacancy / Maint / Mgmt: −$455
• Net cashflow: $-206

Break-even live

Break-even rent $2,426

Max offer price $242,567

Occupancy floor —

Sensitivity live

Price	-10% $-48	-5% $-127	+0% $-206	+5% $-285	+10% $-364
Rent	-10% $-377	-5% $-292	+0% $-206	+5% $-121	+10% $-35
Rate	-1.0pp $-66	-0.5pp $-135	base $-206	+0.5pp $-279	+1.0pp $-352

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: $69,750
• Closing costs: $8,370
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
17472 SE 121st Cir Summerfield, FL	3.0	2.0	1330	$1,950	$1.47	15d	1	0.64mi
17817 SE 115th Ct Unit 1 Summerfield, FL	3.0	2.0	2144	$2,300	$1.07	23d	1	0.73mi
11025 SE 174th Loop Summerfield, FL	3.0	2.0	2377	$2,200	$0.93	23d	1	0.75mi
17408 SE 121st Cir Summerfield, FL	3.0	2.0	1733	$1,850	$1.07	23d	1	0.76mi
17951 SE 115th Cir Summerfield, FL	3.0	2.0	1829	$2,100	$1.15	15d	1	0.92mi
13957 County Road 109D Lady Lake, FL	2.0	2.0	1482	$1,650	$1.11	23d	1	1.12mi
13765 NE 136th Loop Lady Lake, FL	1.0–3.0	1.0–2.0	1078	$1,991	$1.85	23d	36	1.13mi
11001 SE Sunset Harbor Rd Summerfield, FL	2.0	1.5–2.0	1244	$1,770	$1.42	23d	2	1.13mi
13904 County Road 109D Lady Lake, FL	3.0	2.0	1568	$1,550	$0.99	23d	1	1.17mi
13740 Lead LN The Villages, FL	1.0–3.0	1.0–2.0	1029	$2,150	$2.09	23d	38	1.21mi
923 Oleander St Lady Lake, FL	3.0	2.0	2076	$4,000	$1.93	25d	1	1.32mi
10397 SE 176th St Summerfield, FL	2.0	2.0	1296	$2,150	$1.66	23d	1	1.46mi

HOA detail

• Monthly dues: $145 · $1,740/yr
• Likely covers: poolsecurity

Listing history 23 events

1. 2026-06-22
   days on market $279,000 Active 297 DOM
2. 2026-06-18
   days on market $279,000 Active 294 DOM
3. 2026-06-17
   days on market $279,000 Active 293 DOM
4. 2026-06-16
   days on market $279,000 Active 292 DOM
5. 2026-06-15
   days on market $279,000 Active 291 DOM
6. 2026-06-14
   days on market $279,000 Active 289 DOM
7. 2026-06-13
   days on market $279,000 Active 288 DOM
8. 2026-06-10
   days on market $279,000 Active 286 DOM
9. 2026-06-09
   days on market $279,000 Active 285 DOM
10. 2026-06-08
    days on market $279,000 Active 284 DOM
11. 2026-06-07
    days on market $279,000 Active 283 DOM
12. 2026-06-03
    days on market $279,000 Active 279 DOM
13. 2026-06-03
    remarks 693-char remark
14. 2026-06-02
    remarks 681-char remark
15. 2026-06-02
    days on market $279,000 Active 278 DOM
16. 2026-05-31
    days on market $279,000 Active 276 DOM
17. 2026-05-30
    days on market $279,000 Active 275 DOM
18. 2026-02-19
    price $279,000 1241-char remark

    Show marketing remark (1241 chars)

    – REDUCED PRICE – MOTIVATED SELLER – Welcome to Stonecrest! This spacious 3-bedroom, 2-bath home offering 1,752 sq ft is nestled in one of the area’s most sought-after 55+ retirement communities, Stonecrest. Designed for both comfort and convenience, the home features vaulted ceilings, generously sized rooms, and an open-concept layout filled with natural light — creating a seamless flow that’s perfect for everyday living and entertaining. The spacious Florida room, offering a private and secluded view, extends your living area and provides the perfect setting to relax and enjoy Florida sunshine year-round. The kitchen and dining area are enhanced by a built-in buffet cabinet, delivering stylish storage and additional counter space — ideal for hosting gatherings with family and friends. Life in Stonecrest means embracing a vibrant, resort-style 55+ lifestyle with access to: Golf - Multiple swimming pools - Clubhouse and fitness facilities - A wide variety of clubs, activities, and social events and the security of a gated community. Whether you’re entertaining guests, unwinding in your Florida room, or enjoying the exceptional amenities, this home is ready to welcome you.

19. 2026-01-17
    price $299,900 1241-char remark

    Show marketing remark (1241 chars)

    – REDUCED PRICE – MOTIVATED SELLER – Welcome to Stonecrest! This spacious 3-bedroom, 2-bath home offering 1,752 sq ft is nestled in one of the area’s most sought-after 55+ retirement communities, Stonecrest. Designed for both comfort and convenience, the home features vaulted ceilings, generously sized rooms, and an open-concept layout filled with natural light — creating a seamless flow that’s perfect for everyday living and entertaining. The spacious Florida room, offering a private and secluded view, extends your living area and provides the perfect setting to relax and enjoy Florida sunshine year-round. The kitchen and dining area are enhanced by a built-in buffet cabinet, delivering stylish storage and additional counter space — ideal for hosting gatherings with family and friends. Life in Stonecrest means embracing a vibrant, resort-style 55+ lifestyle with access to: Golf - Multiple swimming pools - Clubhouse and fitness facilities - A wide variety of clubs, activities, and social events and the security of a gated community. Whether you’re entertaining guests, unwinding in your Florida room, or enjoying the exceptional amenities, this home is ready to welcome you.

20. 2025-08-28
    listed $315,000 Active 1241-char remark

    Show marketing remark (1241 chars)

    – REDUCED PRICE – MOTIVATED SELLER – Welcome to Stonecrest! This spacious 3-bedroom, 2-bath home offering 1,752 sq ft is nestled in one of the area’s most sought-after 55+ retirement communities, Stonecrest. Designed for both comfort and convenience, the home features vaulted ceilings, generously sized rooms, and an open-concept layout filled with natural light — creating a seamless flow that’s perfect for everyday living and entertaining. The spacious Florida room, offering a private and secluded view, extends your living area and provides the perfect setting to relax and enjoy Florida sunshine year-round. The kitchen and dining area are enhanced by a built-in buffet cabinet, delivering stylish storage and additional counter space — ideal for hosting gatherings with family and friends. Life in Stonecrest means embracing a vibrant, resort-style 55+ lifestyle with access to: Golf - Multiple swimming pools - Clubhouse and fitness facilities - A wide variety of clubs, activities, and social events and the security of a gated community. Whether you’re entertaining guests, unwinding in your Florida room, or enjoying the exceptional amenities, this home is ready to welcome you.

21. 2006-03-02
    soldstatus $238,000
22. 2006-02-28
    soldstatus $238,000 296-char remark

    Show marketing remark (296 chars)

    ACTIVE ADULT COUNTRY CLUB W/ ALL AMENITIES CONCRETE BLOCK BUILT ; PRIVACY IN BACKYARD. SPLIT BEDROM PLAN, TONS OF CABINETS AND COUNTER SPACE IN KITCHEN AND BREAKFAST ROOM! UPGRADED APPLIANCES, PLANTATION SHUTTERS, 11 X 27 ENCLOSED LANIA WITH VINYL WINDOWS AND CARPET CAN T REPLACED AT THIS PRICE!

23. 2006-01-09
    listed $242,900 296-char remark

    Show marketing remark (296 chars)

    ACTIVE ADULT COUNTRY CLUB W/ ALL AMENITIES CONCRETE BLOCK BUILT ; PRIVACY IN BACKYARD. SPLIT BEDROM PLAN, TONS OF CABINETS AND COUNTER SPACE IN KITCHEN AND BREAKFAST ROOM! UPGRADED APPLIANCES, PLANTATION SHUTTERS, 11 X 27 ENCLOSED LANIA WITH VINYL WINDOWS AND CARPET CAN T REPLACED AT THIS PRICE!

ⓘ 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: $2,302 · $192/mo
• Projected year-2 tax: $2,316 · $193/mo
• Expected delta: +$13/yr (+$1/mo · 0.6%)

ⓘ 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 9/10 Extreme 7 d/yr ≥109°F today · 21 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: $25,974
• − Mortgage interest: −$15,628
• − Property taxes: −$2,302
• − Insurance: −$1,395
• − Repairs & maintenance: −$2,078
• − Management: −$2,078
• − HOA: −$1,740
• − Depreciation: −$8,116
• Taxable loss: −$7,364
• Est. tax savings @ 24.0%: +$1,767
• After-tax cash flow: $-708/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 — Lady Lake

• Score: 69/100
• State rank: #457
• US rank: #8302

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

• County: Marion County · 315,796 people
• City population: 32,107
• Metro: Ocala, FL
• Population (ZIP): 33,318
• Household income: $66,679
• Rent vs Own: 13.2% rent · 86.8% own
• Severe rent burden: 256.0

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 (77%)
• Race & ethnicity: White 77% Hispanic / Latino 14% Two or more races 9% Black 4% Asian 2%
• Hispanic origin (detail): Mexican 3% Puerto Rican 6% Cuban 1%
• Common ancestry: Lithuanian 3% Slovak 2% Romanian 2%
• Foreign-born: 8% · Canada, Vietnam, Jamaica
• Languages at home: 85% English-only · Spanish 11% Vietnamese 1% French/Haitian/Cajun 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: ▼ -107.67%
• Current HPI: 200.0792
• 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

+14.9% since first listed

6 events — show timeline

• 2026-02-19 Price Changed $279,000 Stellar MLS as Distributed by MLS Grid
• 2026-01-17 Price Changed $299,900 Stellar MLS as Distributed by MLS Grid
• 2025-08-28 Listed $315,000 Stellar MLS as Distributed by MLS Grid
• 2006-03-02 Sold (Public Records) $238,000 Public Records
• 2006-02-28 Sold (MLS) $238,000 Stellar MLS as Distributed by MLS Grid
• 2006-01-09 Listed $242,900 Stellar MLS as Distributed by MLS Grid

Property tax history

+3.2%/yr

Latest (2025): $2,302 · +11.9% YoY. Source: county tax records.