32 Almond Dr · Silver Springs Shores, FL 34472

$255,000

3 bd · 2.0 ba · 1,512 sqft · SingleFamily public records · 137 Days on market

Built 1996 10,019 sqft lot $169/sqft · 9% above area Est $234k · 9% over

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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 +10.6/30.0
• Appreciation +8.0/10.0
• Schools +3.6/10.0
• ARV discount +3.4/15.0
• Livability +3.4/5.0
• DSCR +3.1/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +2.1/10.0

Listing remarks MLS

Desired Porter Shores area in Ocala off of SE Baseline Rd. within walking distance of the Greenway Trailhead. 3 bedroom - 2 bath - 2 car garage. Concrete block home with stucco and a large enclosed back lanai with chain link fenced yard. Cathedral ceilings, 1512 living sq. ft. All tile floors with LVP in guest bedrooms. Newer interior paint. Master Bath has dual sinks with walk-in closet. Home on well and septic. Appliances included: stove, microwave, refrigerator, dishwasher. Tenant occupied until 6/30/26. Seller is willing to replace roof prior to closing with accepted contract.

Key facts

• Dual sinks
• Well and septic
• Walk-in closet

Tags

• LARGE ENCLOSED BACK LANAI
• CHAIN LINK FENCED YARD
• DUAL SINKS
• WALK-IN CLOSET
• WELL AND SEPTIC
• APPLIANCES INCLUDED

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $255k.

Deal economics

• At list price, monthly cash flow is $-124 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $233k (8.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $182k (28.7% below list).
• Recommended offer: $182k (28.7% below list) — sets the bar for 1% rule.
• Cap rate 5.7% vs local median 4.7% in Silver Springs Shores — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 68/100 on livability (#527 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A-; Watch: crime C-, employment D, schools 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 flat; 674 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals at typical pace (median 22d 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 34% of the median local income ($64k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $17k of equity ($2k loan paydown + $15k appreciation (5.9% local appreciation)).
• Marion County population projected at +13% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• By year 3, paydown + projected appreciation supports a ~$42k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 137 days — a 12% lower offer ($224k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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 $255k implies a 538% 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 $181,700 (28.7% 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 137 days. Have you received any prior offers? Is the seller open to a 29% 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: 0.71% ✗
• Cap rate: 5.71%
• Cash-on-cash: -2.09%
• DSCR: 0.91
• GRM: 11.7

CMA / ARV

• ARV (median comp): $233,911
• List price: $255,000
• Delta: 9.02%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7 Banyan Course Run	0.54mi	3/2.0	1,411 (-7%)	1mo	$222,000	$157	63
156 Pecan Dr	0.43mi	3/2.0	1,390 (-8%)	5mo	$250,000	$180	62
131 Pecan Pass	0.39mi	3/2.0	1,421 (-6%)	12mo	$245,000	$172	62
7 Almond Trail Ln	0.40mi	3/2.0	1,397 (-8%)	10mo	$254,500	$182	60
109 Pecan Pass	0.45mi	4/2.0 (+1)	1,529 (+1%)	14mo	$249,000	$163	60
6 Almond Trce	0.44mi	3/2.0	1,307 (-14%)	2mo	$230,000	$176	55
66 Teak Loop	0.68mi	3/2.0	1,471 (-3%)	16mo	$310,000	$211	50
5581 SE 35th St	0.56mi	3/2.0	1,676 (+11%)	11mo	$289,900	$173	47
19 Hemlock Terrace Way	0.75mi	3/2.0	1,595 (+6%)	12mo	$203,000	$127	46
70 Almond Pass Dr	0.54mi	3/2.0	1,309 (-13%)	12mo	$235,000	$180	43
89 Pecan Course Cir	0.62mi	3/2.0	1,364 (-10%)	16mo	$195,000	$143	42
1 Hemlock Terrace Trak	0.69mi	3/2.0	1,326 (-12%)	14mo	$255,000	$192	36

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

5.93% appreciation · 0.17% rent growth · sell at horizon

5-year hold

• IRR: 12.5%
• Equity multiple: 1.83×
• Total profit: $59,555
• Equity at exit: $159,218

10-year hold

• IRR: 12.5%
• Equity multiple: 3.41×
• Total profit: $172,360
• Equity at exit: $287,801

Cash invested: $71,400 (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 34472

• Home prices YoY: 2.4%
• Rents YoY: 0.2%
• Active inventory: 674
• Price-to-rent: 11.7×

Monthly cashflow live

• Estimated rent: $1,817 high
• Mortgage (P&I): −$1,337
• Tax from tax record: −$116 /mo · $1,396/yr
• Insurance: −$106
• HOA: −$0
• Vacancy / Maint / Mgmt: −$382
• Net cashflow: $-124

Break-even live

Break-even rent $1,974

Max offer price $233,031

Occupancy floor —

Sensitivity live

Price	-10% $20	-5% $-52	+0% $-124	+5% $-197	+10% $-269
Rent	-10% $-268	-5% $-196	+0% $-124	+5% $-53	+10% $19
Rate	-1.0pp $4	-0.5pp $-60	base $-124	+0.5pp $-190	+1.0pp $-258

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: $63,750
• Closing costs: $7,650
• Reserves months: —
• Total cash needed: —

Rent comps 14 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
9 Banyan Course Run Ocala, FL	3.0	2.0	1345	$1,599	$1.19	22d	1	0.56mi
5614 Pecan Rd Ocala, FL	3.0	2.0	1337	$1,595	$1.19	22d	1	0.68mi
19 Pecan Pass Ter Ocala, FL	3.0	2.0	1368	$1,750	$1.28	22d	1	0.79mi
13 Redwood Trace Ln Ocala, FL	3.0	2.0	1337	$1,595	$1.19	22d	1	0.85mi
38 Pecan Run Pass Ocala, FL	4.0	2.5	2086	$2,100	$1.01	22d	1	0.89mi
6688 Cherry Rd Ocala, FL	3.0	2.0	1270	$1,950	$1.54	14d	1	1.03mi
36 Pecan Run Crse Ocala, FL	3.0	2.0	1188	$1,850	$1.56	14d	1	1.08mi
9 Teak Way Dr Ocala, FL	3.0	2.0	1352	$1,800	$1.33	14d	1	1.09mi
96 Redwood Rd Ocala, FL	3.0	2.0	1188	$1,650	$1.39	14d	1	1.17mi
113 Teak Rd Ocala, FL	3.0	3.0	2086	$2,150	$1.03	14d	1	1.20mi
106 Redwood Track Crse Ocala, FL	3.0	2.0	1412	$1,675	$1.19	14d	1	1.30mi
45 Redwood Run Ocala, FL	3.0	2.0	1435	$1,695	$1.18	22d	1	1.32mi
6875 SE 52nd St Ocala, FL	3.0	2.0	1624	$1,750	$1.08	22d	1	1.33mi
1503 Peachtree Ln Ocala, FL	2.0	2.0	1152	$1,450	$1.26	22d	1	1.41mi

Listing history 18 events

1. 2026-06-18
   days on market $255,000 Active 137 DOM
2. 2026-06-17
   days on market $255,000 Active 136 DOM
3. 2026-06-16
   days on market $255,000 Active 135 DOM
4. 2026-06-15
   days on market $255,000 Active 134 DOM
5. 2026-06-14
   days on market $255,000 Active 132 DOM
6. 2026-06-13
   days on market $255,000 Active 131 DOM
7. 2026-06-10
   days on market $255,000 Active 129 DOM
8. 2026-06-09
   days on market $255,000 Active 128 DOM
9. 2026-06-08
   days on market $255,000 Active 127 DOM
10. 2026-06-07
    days on market $255,000 Active 126 DOM
11. 2026-06-03
    days on market $255,000 Active 122 DOM
12. 2026-06-02
    days on market $255,000 Active 121 DOM
13. 2026-05-31
    days on market $255,000 Active 119 DOM
14. 2026-05-30
    days on market $255,000 Active 118 DOM
15. 2026-02-01
    listed $255,000 Active 588-char remark

    Show marketing remark (588 chars)

    Desired Porter Shores area in Ocala off of SE Baseline Rd. within walking distance of the Greenway Trailhead. 3 bedroom - 2 bath - 2 car garage. Concrete block home with stucco and a large enclosed back lanai with chain link fenced yard. Cathedral ceilings, 1512 living sq. ft. All tile floors with LVP in guest bedrooms. Newer interior paint. Master Bath has dual sinks with walk-in closet. Home on well and septic. Appliances included: stove, microwave, refrigerator, dishwasher. Tenant occupied until 6/30/26. Seller is willing to replace roof prior to closing with accepted contract.

16. 2025-06-13
    historical $1,700
17. 2025-06-08
    listed $1,700
18. 1995-01-27
    soldstatus $40,000

ⓘ 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: $1,396 · $116/mo
• Projected year-2 tax: $2,116 · $176/mo
• Expected delta: +$721/yr (+$60/mo · 51.7%)

ⓘ 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 4/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,804
• − Mortgage interest: −$14,284
• − Property taxes: −$1,396
• − Insurance: −$1,275
• − Repairs & maintenance: −$1,744
• − Management: −$1,744
• − Depreciation: −$7,418
• Taxable loss: −$6,057
• Est. tax savings @ 24.0%: +$1,454
• After-tax cash flow: $-39/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 — Silver Springs Shores

• Score: 68/100
• State rank: #527
• US rank: #9854

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: 34,665
• Metro: Ocala, FL
• Population (ZIP): 35,851
• Household income: $64,208
• Rent vs Own: 19.9% rent · 80.1% own
• Severe rent burden: 655.0

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 0.65)
• Race & ethnicity: White 50% Hispanic / Latino 25% Black 21% Two or more races 18% Asian 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 14% Cuban 3%
• Common ancestry: Romanian 2% Iranian 1% Lithuanian 1%
• Foreign-born: 11% · Canada, Jamaica, China
• Languages at home: 78% English-only · Spanish 19% Other Indo-European 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: ▲ 5.93%
• Current HPI: 255.0714
• Rent YoY: ▲ 0.17%
• 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

+537.5% since first listed

4 events — show timeline

• 2026-02-01 Listed $255,000 Stellar MLS as Distributed by MLS Grid
• 2025-06-13 Rental Removed $1,700 STELLARMLS
• 2025-06-08 Listed for Rent $1,700 STELLARMLS
• 1995-01-27 Sold (Public Records) $40,000 Public Records

Property tax history

+4.1%/yr

Latest (2025): $1,396 · +20.2% YoY. Source: county tax records.