10744 SW 62nd Ter · Liberty Triangle, FL 34476

$169,900

2 bd · 2.0 ba · 1,144 sqft · SingleFamily public records · 120 Days on market

Built 1990 0.25 ac lot $149/sqft · 8% below area Est $185k · 8% under $121/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).

• Cash flow +11.3/30.0
• ARV discount +11.1/15.0
• 1% rule +4.5/10.0
• Schools +3.6/10.0
• DSCR +3.3/10.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Rent growth +1.9/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

* * NEW ROOF BEING INSTALLED WEEK OF 2/23/26 ! * * Welcome to this beautifully updated home located in the desirable 55+ community of Spruce Creek North. Offering 2 bedrooms, 2 bathrooms, and 1,144 sq ft under heat and air (2,356 total under roof), this move-in ready residence sits on a spacious . 25-acre lot with a fenced backyard, perfect for pets and added privacy. Built in 1990, this home features a two-car garage and has been freshly painted inside, giving it a clean, modern feel. Brand-new roof being installed the last week of February for peace of mind! Luxury vinyl and laminate wood plank flooring flow throughout the main living areas and bedrooms, while ceramic tile accents the kitchen and baths for durability and style. The layout offers comfortable living and dining spaces, ideal for both relaxing and entertaining. Enjoy Florida living year-round with ample covered space and room to personalize your outdoor retreat. Residents of Spruce Creek North enjoy resort-style amenities including a clubhouse, community pool, and fitness center, all within a beautifully maintained, active adult setting. Conveniently located close to shopping, restaurants, hospitals, and golf courses, with easy access to both Tampa and Orlando International Airports (approximately 1 hour 15 minutes), this home offers the perfect balance of peaceful community living and accessibility. Schedule your private showing today and start enjoying the lifestyle you deserve!

Key facts

• Gated community
• Ceramic tile
• Fenced backyard

Tags

• GATED COMMUNITY
• FENCED BACKYARD
• NEW ROOF
• LUXURY VINYL FLOORING
• LAMINATE WOOD PLANK FLOORING
• CERAMIC TILE

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $170k.

Deal economics

• At list price, monthly cash flow is $-62 ($-740/yr) — negative.
• To cash-flow at today's rent, offer at most $159k (6.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $162k (4.9% below list).
• Recommended offer: $155k (9.0% below list) — sets the bar for market timing.
• Cap rate 5.9% vs local median 4.5% in Liberty Triangle — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

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.
• Market conditions: Rents soft (-2.6%/yr); 852 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 7,071 units permitted in Marion County in 2024 (534 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k 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 120 days — a 9% lower offer ($155k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $65k; list at $170k implies a 162% 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→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $154,609 (9.0% 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 120 days. Have you received any prior offers? Is the seller open to a 9% 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: 0.95% ✗
• Cap rate: 5.86%
• Cash-on-cash: -1.56%
• DSCR: 0.93
• GRM: 8.8

CMA / ARV

• ARV (median comp): $184,593
• List price: $169,900
• Delta: -7.96%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6383 SW 106th Pl	0.17mi	2/2.0	1,144 (0%)	22mo	$175,000	$153	74
6524 SW 108th Pl	0.31mi	2/2.0	1,144 (0%)	15mo	$215,000	$188	74
6533 SW 107th Pl	0.31mi	2/2.0	1,304 (+14%)	3mo	$172,500	$132	60
6250 SW 100th Loop	0.50mi	2/2.0	996 (-13%)	8mo	$175,000	$176	49
10131 SW 62nd Terrace Rd	0.64mi	2/2.0	1,008 (-12%)	5mo	$155,000	$154	46
11232 SW 62nd Avenue Rd	0.49mi	2/2.0	1,288 (+13%)	17mo	$185,000	$144	42
10202 SW 61st Terrace Rd	0.64mi	2/2.0	1,292 (+13%)	18mo	$212,500	$164	33

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -22.7%
• Equity multiple: 0.24×
• Total profit: $-36,068
• Equity at exit: $25,333

10-year hold

• IRR: -29.6%
• Equity multiple: -0.14×
• Total profit: $-54,255
• Equity at exit: $14,690

Cash invested: $47,572 (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 34476

• Rents YoY: -2.6%
• Active inventory: 852
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $1,616 high
• Mortgage (P&I): −$891
• Tax from tax record: −$255 /mo · $3,063/yr
• Insurance: −$71
• HOA: −$121
• Vacancy / Maint / Mgmt: −$339
• Net cashflow: $-62

Break-even live

Break-even rent $1,694

Max offer price $159,007

Occupancy floor 99%

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: $42,475
• Closing costs: $5,097
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
14173 SW 60th Ter Unit 2 Ocala, FL	2.0	2.0	1127	$1,450	$1.29	21d	1	0.24mi
6345 SW 115th Street Rd Ocala, FL	2.0	2.0	1008	$1,400	$1.39	21d	1	0.27mi
10912 SW 69th Cir Ocala, FL	2.0	2.0	1169	$1,600	$1.37	21d	1	0.44mi
10312 SW 61st Terrace Rd Ocala, FL	2.0	2.0	1008	$1,650	$1.64	21d	1	0.50mi
9853 SW 59th Cir Ocala, FL	2.0	1.0	935	$1,500	$1.60	13d	1	0.84mi
6035 SW 98th Street Rd Ocala, FL	2.0	2.0	1494	$1,650	$1.10	13d	1	0.94mi

HOA detail

• Monthly dues: $121 · $1,452/yr
• Likely covers: poolgym

Listing history 18 events

1. 2026-06-18
   days on market $169,900 Active 120 DOM
2. 2026-06-17
   days on market $169,900 Active 119 DOM
3. 2026-06-16
   days on market $169,900 Active 118 DOM
4. 2026-06-15
   days on market $169,900 Active 117 DOM
5. 2026-06-14
   days on market $169,900 Active 115 DOM
6. 2026-06-13
   days on market $169,900 Active 114 DOM
7. 2026-06-10
   days on market $169,900 Active 112 DOM
8. 2026-06-09
   days on market $169,900 Active 111 DOM
9. 2026-06-08
   days on market $169,900 Active 110 DOM
10. 2026-06-07
    days on market $169,900 Active 109 DOM
11. 2026-06-03
    days on market $169,900 Active 105 DOM
12. 2026-06-02
    days on market $169,900 Active 104 DOM
13. 2026-06-01
    days on market $169,900 Active 103 DOM
14. 2026-05-31
    days on market $169,900 Active 102 DOM
15. 2026-05-30
    days on market $169,900 Active 101 DOM
16. 2026-03-31
    price $179,900 1473-char remark

    Show marketing remark (1473 chars)

    * * NEW ROOF BEING INSTALLED WEEK OF 2/23/26 ! * * Welcome to this beautifully updated home located in the desirable 55+ community of Spruce Creek North. Offering 2 bedrooms, 2 bathrooms, and 1,144 sq ft under heat and air (2,356 total under roof), this move-in ready residence sits on a spacious . 25-acre lot with a fenced backyard, perfect for pets and added privacy. Built in 1990, this home features a two-car garage and has been freshly painted inside, giving it a clean, modern feel. Brand-new roof being installed the last week of February for peace of mind! Luxury vinyl and laminate wood plank flooring flow throughout the main living areas and bedrooms, while ceramic tile accents the kitchen and baths for durability and style. The layout offers comfortable living and dining spaces, ideal for both relaxing and entertaining. Enjoy Florida living year-round with ample covered space and room to personalize your outdoor retreat. Residents of Spruce Creek North enjoy resort-style amenities including a clubhouse, community pool, and fitness center, all within a beautifully maintained, active adult setting. Conveniently located close to shopping, restaurants, hospitals, and golf courses, with easy access to both Tampa and Orlando International Airports (approximately 1 hour 15 minutes), this home offers the perfect balance of peaceful community living and accessibility. Schedule your private showing today and start enjoying the lifestyle you deserve!

17. 2026-02-18
    listed $189,000 Active 1473-char remark

    Show marketing remark (1473 chars)

    * * NEW ROOF BEING INSTALLED WEEK OF 2/23/26 ! * * Welcome to this beautifully updated home located in the desirable 55+ community of Spruce Creek North. Offering 2 bedrooms, 2 bathrooms, and 1,144 sq ft under heat and air (2,356 total under roof), this move-in ready residence sits on a spacious . 25-acre lot with a fenced backyard, perfect for pets and added privacy. Built in 1990, this home features a two-car garage and has been freshly painted inside, giving it a clean, modern feel. Brand-new roof being installed the last week of February for peace of mind! Luxury vinyl and laminate wood plank flooring flow throughout the main living areas and bedrooms, while ceramic tile accents the kitchen and baths for durability and style. The layout offers comfortable living and dining spaces, ideal for both relaxing and entertaining. Enjoy Florida living year-round with ample covered space and room to personalize your outdoor retreat. Residents of Spruce Creek North enjoy resort-style amenities including a clubhouse, community pool, and fitness center, all within a beautifully maintained, active adult setting. Conveniently located close to shopping, restaurants, hospitals, and golf courses, with easy access to both Tampa and Orlando International Airports (approximately 1 hour 15 minutes), this home offers the perfect balance of peaceful community living and accessibility. Schedule your private showing today and start enjoying the lifestyle you deserve!

18. 1990-10-01
    soldstatus $64,800

ⓘ 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: $3,063 · $255/mo
• Projected year-2 tax: $3,063 · $255/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 22 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,387
• − Mortgage interest: −$9,517
• − Property taxes: −$3,063
• − Insurance: −$850
• − Repairs & maintenance: −$1,551
• − Management: −$1,551
• − HOA: −$1,452
• − Depreciation: −$4,943
• Taxable loss: −$3,539
• Est. tax savings @ 24.0%: +$849
• After-tax cash flow: $109/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 — Liberty Triangle

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

Census & demographics

• Census place: Liberty Triangle, FL
• County: Marion County · 315,796 people
• City population: 26,397
• Metro: Ocala, FL
• Population (ZIP): 28,997
• Household income: $65,860
• Rent vs Own: 12.3% rent · 87.7% own
• Severe rent burden: 204.0

Population outlook (Marion County) Hauer SSP2

• Today (2025): 365,905 people
• By 2030: 376,768 · +3.0%
• By 2040: 396,555 · +8.4%
• By 2050: 412,723 · +12.8%
• By 2075: 446,090 · +21.9%
• By 2100: 436,193 · +19.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.55)
• Race & ethnicity: White 63% Hispanic / Latino 18% Black 13% Two or more races 10% Asian 1%
• Hispanic origin (detail): Mexican 3% Puerto Rican 8% Cuban 3%
• Common ancestry: Romanian 3% Slovak 3% Lithuanian 3%
• Foreign-born: 15% · Canada, Jamaica, Dominican Republic
• Languages at home: 83% English-only · Spanish 14% Other Indo-European 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: ▼ -105.22%
• Current HPI: 189.0869
• Rent YoY: ▼ -2.57%
• 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

+177.6% since first listed

3 events — show timeline

• 2026-03-31 Price Changed $179,900 Stellar MLS as Distributed by MLS Grid
• 2026-02-18 Listed $189,000 Stellar MLS as Distributed by MLS Grid
• 1990-10-01 Sold (Public Records) $64,800 Public Records

Property tax history

+16.8%/yr

Latest (2025): $3,063 · -2.0% YoY. Source: county tax records.