19681 Summerlin Rd #444 · Iona, FL
Flood risk 10/10 · Severe
- FEMA flood zone
- AE
- Chance of flooding over 30 yrs
- 0.99%
- Est. flood insurance / yr
- $1,737 – $8,500
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 10/10 · Severe
- Hot days now (above 107°F)
- 7 days/yr
- Hot days in 30 yrs
- 28 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B- 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 +30.0/30.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- ARV discount +7.5/15.0
- Schools +4.1/10.0
- Livability +3.6/5.0
- Condition / age +2.5/5.0
- Rent growth +2.2/5.0
- Appreciation +0.0/10.0
$104,900
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Newer high rise home on a corner lot in Palmetto Palms RV Resort. This home is located in the rear of the park, with no one behind you. There is a screened back porch. Two bedroom, with a half bath off of the second bedroom. Great unit. It has newer laminate flooring. In the u shaped kitchen, all of the appliances are full sized, and it includes a dishwasher. The stacked washer and dryer are in the rear utility room. You own your land here, and are between Ft Myers Beach and Sanibel. This is a very active, fun filled adult park with pools, tennis, volleyball, and lots more. The community is entirely fenced and gated. Close to Sanibel, Fort Myers Beach, Bunche Beach, shopping and hospitals with lots of bike trails to get to those destinations.
Key facts
- Updated electric
- Washer dryer hook-up
- Screened porch
Tags
Property features AI
Finance
- Other: Pets not allowed
- HOA & community: Homeowners association with quarterly fee ($600); Association fees include management, insurance, laundry, grounds maintenance, recreation facilities, reserve fund, road maintenance, sewer, street lights, security, trash and water; Community amenities: clubhouse, sport court, hobby room, laundry, library, pickleball, pool, RV/boat storage, shuffleboard, tennis courts; Community features: gated, tennis courts, street lights; Senior community; 699 units in community
Exterior
- Parking: Assigned parking (one space)
- Security: Security gate; Gated community
- Utilities: Public water; Public sewer; Cable not available
- Home design: Manufactured home; Single-story; Entry at level 1; Faces east; Under construction
- Construction: Built with vinyl siding; Shingle roof; On-site management
- Exterior features: Lanai; Porch; Screened porch; Corner lot; Oversized lot; Private paved road; West exposure; Has view
Interior
- Kitchen: Pantry
- Bedrooms: Bedroom on main level
- Bathrooms: 2 full bathrooms; 1 half bathroom
- Interior features: Bedroom on main level; Cathedral ceilings; French doors/atrium doors; Living/dining room combination; Pantry; See remarks; Separate shower (shower only)
- Laundry & utility: Laundry inside; Common area laundry
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/2.0-bath manufactured listed at $105k.
Deal economics
- At list price, monthly cash flow is $41 ($488/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $105k).
- Recommended offer: $92k (12.0% below list) — sets the bar for market timing.
- Cap rate 11.6% vs local median 2.1% in Iona — 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 72/100 on livability (#359 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A, health & safety A; Watch: schools D-, amenities F, commute F.
- Lee (suburban): math 47% / reading 50% proficiency, ranked #42 of 73 in FL (top 58%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Market conditions: Rents soft (-1.2%/yr); 1244 active listings in the ZIP; 30 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 15,411 units permitted in Lee County in 2024 (4,686 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $725 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
- Lee County population projected at +44% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 234 days — a 12% lower offer ($92k) is reasonable based on typical stale-listing flexibility.
- 7 sale attempts since 7y ago; this cycle's ask has dropped $15k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: flood insurance adds $427/mo.
- Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 234 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- 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.
- 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.
- 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
- 1.56% ✓
- Cap rate
- 11.64%
- Cash-on-cash
- 19.09%
- DSCR
- 1.85
- GRM
- 5.4
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 0.0% rent growth · sell at horizon
- IRR
- -19.2%
- Equity multiple
- 0.36×
- Total profit
- $-18,842
- Equity at exit
- $15,641
- IRR
- -29.7%
- Equity multiple
- -0.03×
- Total profit
- $-30,141
- Equity at exit
- $9,070
Cash invested: $29,372 (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
ZIP-level market 33908
- Home prices YoY
- -32.8%
- Rents YoY
- -1.2%
- Active inventory
- 1244
- Price-to-rent
- 5.4×
Monthly cashflow live
- Estimated rent
- $1,631 high interval (Pro) →
- Mortgage (P&I)
- −$550
- Tax from tax record
- −$28 /mo · $333/yr
- Insurance
- −$44
- Flood insurance flood zone
- −$427 /mo · $5,118/yr
- HOA
- −$200
- Vacancy / Maint / Mgmt
- −$343
- Net cashflow
- $41
Break-even live
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
- $26,225
- Closing costs
- $3,147
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 30 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 12641 Kelly Sands Way #225 Fort Myers, FL | 2.0 | 2.0 | 1069 | $5,000 | $4.68 | 23d | 1 | 0.44mi |
| 12621 Kelly Sands Way #305 Fort Myers, FL | 2.0 | 2.0 | 1106 | $5,000 | $4.52 | 23d | 1 | 0.48mi |
| 12150 Kelly Sands Way Fort Myers, FL | 2.0 | 2.0 | 1087 | $4,700 | $4.32 | 23d | 2 | 0.69mi |
| 12150 Kelly Sands Way Fort Myers, FL | 2.0 | 2.0 | 1087 | $3,325 | $3.06 | 3d | 3 | 0.69mi |
| 16881 Davis Rd Fort Myers, FL | 1.0–2.0 | 1.0–2.0 | 767 | $1,295 | $1.69 | 16d | 3 | 0.85mi |
| 16881 Davis Rd Fort Myers, FL | 2.0 | 1.0–2.0 | 837 | $1,600 | $1.91 | 3d | 2 | 0.85mi |
| 16805 Davis Rd #123 Fort Myers, FL | 2.0 | 2.0 | 808 | $1,399 | $1.73 | 23d | 1 | 0.93mi |
| 13426 Pine Needle Ln Fort Myers, FL | 2.0 | 1.0 | 922 | $1,275 | $1.38 | 21d | 1 | 0.93mi |
| 13430 Pine Needle Ln Fort Myers, FL | 2.0 | 1.0 | 922 | $1,200 | $1.30 | 3d | 1 | 0.94mi |
| 11110 Caravel Cir #201 Fort Myers, FL | 2.0 | 2.0 | 1050 | $3,500 | $3.33 | 23d | 1 | 0.97mi |
| 11140 Caravel Cir #109 Fort Myers, FL | 2.0 | 2.0 | 1050 | $4,200 | $4.00 | 23d | 1 | 0.99mi |
| 13403 Pine Needle Ln Fort Myers, FL | 2.0 | 1.0 | 852 | $1,300 | $1.53 | 3d | 1 | 1.01mi |
| 13401 Pine Needle Ln Unit 13405 Fort Myers, FL | 2.0 | 1.0 | 852 | $1,300 | $1.53 | 3d | 1 | 1.01mi |
| 13405 Pine Needle Ln Fort Myers, FL | 2.0 | 1.0 | 852 | $1,300 | $1.53 | 3d | 1 | 1.01mi |
| 11220 Caravel Cir #306 Fort Myers, FL | 1.0 | 1.5 | 836 | $2,500 | $2.99 | 23d | 1 | 1.05mi |
| 16599 Davis Rd Fort Myers, FL | 2.0 | 2.0 | 851 | $1,800 | $2.12 | 23d | 1 | 1.05mi |
| 13502 Siesta Pines Ct #402 Fort Myers, FL | 2.0 | 2.0 | 955 | $1,475 | $1.54 | 14d | 1 | 1.07mi |
| 11861 Caraway Ln #116 Fort Myers, FL | 2.0 | 2.0 | 1056 | $1,995 | $1.89 | 19d | 1 | 1.13mi |
| 11540 Caravel Cir #3012 Fort Myers, FL | 2.0 | 2.0 | 1050 | $1,250 | $1.19 | 21d | 1 | 1.18mi |
| 18014 San Carlos Blvd #44 Fort Myers Beach, FL | 2.0 | 2.5 | 1101 | $1,995 | $1.81 | 12d | 1 | 1.21mi |
| 17220 Whitewater Ct Fort Myers Beach, FL | 2.0 | 1.5 | 1103 | $1,800 | $1.63 | 23d | 1 | 1.22mi |
| 16001 Bayside Pointe Fort Myers, FL | 1.0–3.0 | 1.0–2.0 | 1135 | $1,530 | $1.35 | 2d | 18 | 1.24mi |
| 16580 Ginger Ln #3242 Fort Myers, FL | 2.0 | 2.0 | 982 | $1,800 | $1.83 | 23d | 1 | 1.26mi |
| 16007 Davis Rd #614 Fort Myers, FL | 2.0 | 2.0 | 820 | $3,500 | $4.27 | 23d | 1 | 1.29mi |
| 16910 Carmen Ave #16922 Fort Myers, FL | 2.0 | 1.0 | 780 | $1,400 | $1.79 | 23d | 1 | 1.36mi |
| 16920 Carmen Ave Fort Myers, FL | 2.0 | 1.0 | 800 | $1,300 | $1.62 | 23d | 1 | 1.36mi |
| 16890 Carmen Ave Unit 16902 Fort Myers, FL | 2.0 | 1.0 | 800 | $1,295 | $1.62 | 3d | 1 | 1.36mi |
| 11470 Char Ann Dr Fort Myers, FL | 2.0 | 1.0 | 834 | $1,200 | $1.44 | 3d | 1 | 1.40mi |
| 11430 Kimble Dr Unit 11432 front Fort Myers, FL | 2.0 | 1.0 | 700 | $1,300 | $1.86 | 3d | 1 | 1.43mi |
| 11430 Kimble Dr Unit 11430 front Fort Myers, FL | 2.0 | 1.0 | 700 | $1,295 | $1.85 | 3d | 1 | 1.43mi |
HOA detail
- Monthly dues
- $200 · $2,400/yr
- Likely covers
- poolsecurity
Listing history 29 events
-
2026-06-17days on market $104,900 Active 234 DOM
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2026-06-16days on market $104,900 Active 233 DOM
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2026-06-16days on market $104,900 Active 232 DOM
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2026-06-13days on market $104,900 Active 230 DOM
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2026-06-09days on market $104,900 Active 226 DOM
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2026-06-07days on market $104,900 Active 224 DOM
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2026-06-02days on market $104,900 Active 219 DOM
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2026-06-01days on market $104,900 Active 218 DOM
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2026-06-01days on market $104,900 Active 217 DOM
-
2026-04-22status Active
-
2026-01-03status Pending
-
2025-12-06price $104,900
-
2025-07-15status Active
-
2025-07-02status Pending
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2025-06-26$119,900 Active
-
2020-02-05soldstatus $127,500
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2020-02-03soldstatus $127,500 Closed 752-char remark
Show marketing remark (752 chars)
Newer high rise home on a corner lot in Palmetto Palms RV Resort. This home is located in the rear of the park, with no one behind you. There is a screened back porch. Two bedroom, with a half bath off of the second bedroom. Great unit. It has newer laminate flooring. In the u shaped kitchen, all of the appliances are full sized, and it includes a dishwasher. The stacked washer and dryer are in the rear utility room. You own your land here, and are between Ft Myers Beach and Sanibel. This is a very active, fun filled adult park with pools, tennis, volleyball, and lots more. The community is entirely fenced and gated. Close to Sanibel, Fort Myers Beach, Bunche Beach, shopping and hospitals with lots of bike trails to get to those destinations.
-
2020-01-07status Pending 752-char remark
Show marketing remark (752 chars)
Newer high rise home on a corner lot in Palmetto Palms RV Resort. This home is located in the rear of the park, with no one behind you. There is a screened back porch. Two bedroom, with a half bath off of the second bedroom. Great unit. It has newer laminate flooring. In the u shaped kitchen, all of the appliances are full sized, and it includes a dishwasher. The stacked washer and dryer are in the rear utility room. You own your land here, and are between Ft Myers Beach and Sanibel. This is a very active, fun filled adult park with pools, tennis, volleyball, and lots more. The community is entirely fenced and gated. Close to Sanibel, Fort Myers Beach, Bunche Beach, shopping and hospitals with lots of bike trails to get to those destinations.
-
2019-11-14status Active 752-char remark
Show marketing remark (752 chars)
Newer high rise home on a corner lot in Palmetto Palms RV Resort. This home is located in the rear of the park, with no one behind you. There is a screened back porch. Two bedroom, with a half bath off of the second bedroom. Great unit. It has newer laminate flooring. In the u shaped kitchen, all of the appliances are full sized, and it includes a dishwasher. The stacked washer and dryer are in the rear utility room. You own your land here, and are between Ft Myers Beach and Sanibel. This is a very active, fun filled adult park with pools, tennis, volleyball, and lots more. The community is entirely fenced and gated. Close to Sanibel, Fort Myers Beach, Bunche Beach, shopping and hospitals with lots of bike trails to get to those destinations.
-
2019-11-08historical 752-char remark
Show marketing remark (752 chars)
Newer high rise home on a corner lot in Palmetto Palms RV Resort. This home is located in the rear of the park, with no one behind you. There is a screened back porch. Two bedroom, with a half bath off of the second bedroom. Great unit. It has newer laminate flooring. In the u shaped kitchen, all of the appliances are full sized, and it includes a dishwasher. The stacked washer and dryer are in the rear utility room. You own your land here, and are between Ft Myers Beach and Sanibel. This is a very active, fun filled adult park with pools, tennis, volleyball, and lots more. The community is entirely fenced and gated. Close to Sanibel, Fort Myers Beach, Bunche Beach, shopping and hospitals with lots of bike trails to get to those destinations.
-
2019-11-04status Active 752-char remark
Show marketing remark (752 chars)
Newer high rise home on a corner lot in Palmetto Palms RV Resort. This home is located in the rear of the park, with no one behind you. There is a screened back porch. Two bedroom, with a half bath off of the second bedroom. Great unit. It has newer laminate flooring. In the u shaped kitchen, all of the appliances are full sized, and it includes a dishwasher. The stacked washer and dryer are in the rear utility room. You own your land here, and are between Ft Myers Beach and Sanibel. This is a very active, fun filled adult park with pools, tennis, volleyball, and lots more. The community is entirely fenced and gated. Close to Sanibel, Fort Myers Beach, Bunche Beach, shopping and hospitals with lots of bike trails to get to those destinations.
-
2019-11-04price $129,900 752-char remark
Show marketing remark (752 chars)
Newer high rise home on a corner lot in Palmetto Palms RV Resort. This home is located in the rear of the park, with no one behind you. There is a screened back porch. Two bedroom, with a half bath off of the second bedroom. Great unit. It has newer laminate flooring. In the u shaped kitchen, all of the appliances are full sized, and it includes a dishwasher. The stacked washer and dryer are in the rear utility room. You own your land here, and are between Ft Myers Beach and Sanibel. This is a very active, fun filled adult park with pools, tennis, volleyball, and lots more. The community is entirely fenced and gated. Close to Sanibel, Fort Myers Beach, Bunche Beach, shopping and hospitals with lots of bike trails to get to those destinations.
-
2019-10-26historical 752-char remark
Show marketing remark (752 chars)
Newer high rise home on a corner lot in Palmetto Palms RV Resort. This home is located in the rear of the park, with no one behind you. There is a screened back porch. Two bedroom, with a half bath off of the second bedroom. Great unit. It has newer laminate flooring. In the u shaped kitchen, all of the appliances are full sized, and it includes a dishwasher. The stacked washer and dryer are in the rear utility room. You own your land here, and are between Ft Myers Beach and Sanibel. This is a very active, fun filled adult park with pools, tennis, volleyball, and lots more. The community is entirely fenced and gated. Close to Sanibel, Fort Myers Beach, Bunche Beach, shopping and hospitals with lots of bike trails to get to those destinations.
-
2019-10-25status Active 752-char remark
Show marketing remark (752 chars)
Newer high rise home on a corner lot in Palmetto Palms RV Resort. This home is located in the rear of the park, with no one behind you. There is a screened back porch. Two bedroom, with a half bath off of the second bedroom. Great unit. It has newer laminate flooring. In the u shaped kitchen, all of the appliances are full sized, and it includes a dishwasher. The stacked washer and dryer are in the rear utility room. You own your land here, and are between Ft Myers Beach and Sanibel. This is a very active, fun filled adult park with pools, tennis, volleyball, and lots more. The community is entirely fenced and gated. Close to Sanibel, Fort Myers Beach, Bunche Beach, shopping and hospitals with lots of bike trails to get to those destinations.
-
2019-10-24historical 752-char remark
Show marketing remark (752 chars)
Newer high rise home on a corner lot in Palmetto Palms RV Resort. This home is located in the rear of the park, with no one behind you. There is a screened back porch. Two bedroom, with a half bath off of the second bedroom. Great unit. It has newer laminate flooring. In the u shaped kitchen, all of the appliances are full sized, and it includes a dishwasher. The stacked washer and dryer are in the rear utility room. You own your land here, and are between Ft Myers Beach and Sanibel. This is a very active, fun filled adult park with pools, tennis, volleyball, and lots more. The community is entirely fenced and gated. Close to Sanibel, Fort Myers Beach, Bunche Beach, shopping and hospitals with lots of bike trails to get to those destinations.
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2019-04-02$135,000 Active 752-char remark
Show marketing remark (752 chars)
Newer high rise home on a corner lot in Palmetto Palms RV Resort. This home is located in the rear of the park, with no one behind you. There is a screened back porch. Two bedroom, with a half bath off of the second bedroom. Great unit. It has newer laminate flooring. In the u shaped kitchen, all of the appliances are full sized, and it includes a dishwasher. The stacked washer and dryer are in the rear utility room. You own your land here, and are between Ft Myers Beach and Sanibel. This is a very active, fun filled adult park with pools, tennis, volleyball, and lots more. The community is entirely fenced and gated. Close to Sanibel, Fort Myers Beach, Bunche Beach, shopping and hospitals with lots of bike trails to get to those destinations.
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2010-05-14price $120,000 702-char remark
Show marketing remark (702 chars)
Palmetto Palms- active adult retirement community close to Ft Myers Beach and Sanibel beaches. Community abounds with activities and provides some of the most affordable living in South West Florida. Low maintenance fees of $251 per quarter that offers you water, sewer, trash removal and grass cutting. This is a lovely larger than most homes in the community and on a desirable larger than most corner lot. A/C in 2009, new roof in 2005, newer applicances, great deck in the back of the home shaded by palm tree. There is 2 bedroom and 1 1/2 baths, nicely furnished in soft Florida colors. Utility room w/ stacking washer and dryer. The is a one of a kind home on the market at this time in Palmetto.
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2010-05-14soldstatus $118,000 702-char remark
Show marketing remark (702 chars)
Palmetto Palms- active adult retirement community close to Ft Myers Beach and Sanibel beaches. Community abounds with activities and provides some of the most affordable living in South West Florida. Low maintenance fees of $251 per quarter that offers you water, sewer, trash removal and grass cutting. This is a lovely larger than most homes in the community and on a desirable larger than most corner lot. A/C in 2009, new roof in 2005, newer applicances, great deck in the back of the home shaded by palm tree. There is 2 bedroom and 1 1/2 baths, nicely furnished in soft Florida colors. Utility room w/ stacking washer and dryer. The is a one of a kind home on the market at this time in Palmetto.
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1994-04-04soldstatus $29,000
ⓘ 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
- $333 · $28/mo
- Projected year-2 tax
- $871 · $73/mo
- Expected delta
- +$538/yr (+$45/mo · 161.8%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 10/10 Extreme FEMA zone AE · 99% chance over 30 yrs
- Wildfire 3/10 Moderate
- Heat 10/10 Extreme 7 d/yr ≥107°F today · 28 d/yr by 30 yrs out
- Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $19,576
- − Mortgage interest
- −$5,876
- − Property taxes
- −$333
- − Insurance
- −$5,643
- − Repairs & maintenance
- −$1,566
- − Management
- −$1,566
- − HOA
- −$2,400
- − Depreciation
- −$3,052
- Taxable loss
- −$859
- Est. tax savings @ 24.0%
- +$206
- After-tax cash flow
- $694/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
- Lee
- NCES district ID
- 1201080
- Math proficiency
- 47% ▼ -11.00%
- Reading proficiency
- 50% ▼ -4.00%
- Median HH income
- $49,518
- Composite
- 41.49/100
- National rank
- #3458
- State rank
- #42 of 73 in FL
Livability — Iona
- Score
- 72/100
- State rank
- #359
- US rank
- #6253
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Lee County · 788,662 people
- Metro
- Cape Coral-Fort Myers, FL
- Population (ZIP)
- 37,423
- Household income
- $75,396
- Rent vs Own
- Severe rent burden
- 1944.0
Population outlook (Lee County) Hauer SSP2
- Today (2025)
- 871,946 people
- By 2030
- 955,468 · +9.6%
- By 2040
- 1,113,587 · +27.7%
- By 2050
- 1,256,891 · +44.1%
- By 2075
- 1,560,270 · +78.9%
- By 2100
- 1,726,848 · +98.0%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (88%)
- Race & ethnicity
- White 88% Hispanic / Latino 6% Two or more races 5% Black 3% Asian 1%
- Hispanic origin (detail)
- Mexican 1% Puerto Rican 2%
- Common ancestry
- Romanian 5% Lithuanian 4% Slovak 3%
- Foreign-born
- 10% · Canada, Jamaica
- Languages at home
- 90% English-only · Spanish 4% Russian/Polish/Slavic 1% Other Indo-European 1%
Political lean MEDSL · Lee
- 2024 margin
- Strong R (+28.4) · D 35.5% · R 63.9%
- 2008→2024 swing
- -18.0pp toward R · 2008: -10.4pp · 2024: -28.4pp
- All cycles
- 2024: R+28.4 2020: R+19.2 2016: R+20.4 2012: R+16.6 2008: R+10.4
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -102.22%
- Current HPI
- 209.7595
- Rent YoY
- ▼ -1.18%
- Metro
- Cape Coral-Fort Myers, 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 |
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| Insurance | 2 | $17B |
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| Retail | 1 | $60B |
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| Technology Distribution | 1 | $58B |
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| Homebuilding | 1 | $35B |
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| Technology Manufacturing | 1 | $35B |
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Price history
+261.7% since first listed20 events — show timeline
- 2026-04-22 Relisted — FORTMLS
- 2026-01-03 Pending — FORTMLS
- 2025-12-06 Price Changed $104,900 FORTMLS
- 2025-07-15 Relisted — FORTMLS
- 2025-07-02 Pending — FORTMLS
- 2025-06-26 Listed $119,900 FORTMLS
- 2020-02-05 Sold (Public Records) $127,500 Public Records
- 2020-02-03 Sold (MLS) $127,500 FORTMLS
- 2020-01-07 Pending — FORTMLS
- 2019-11-14 Relisted — FORTMLS
- 2019-11-08 Listing Removed — FORTMLS
- 2019-11-04 Relisted — FORTMLS
- 2019-11-04 Price Changed $129,900 FORTMLS
- 2019-10-26 Listing Removed — FORTMLS
- 2019-10-25 Relisted — FORTMLS
- 2019-10-24 Listing Removed — FORTMLS
- 2019-04-02 Listed $135,000 FORTMLS
- 2010-05-14 Sold (MLS) $118,000 FORTMLS
- 2010-05-14 Price Changed $120,000 FORTMLS
- 1994-04-04 Sold (Public Records) $29,000 Public Records
Property tax history
-10.7%/yrLatest (2025): $333 · -54.4% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…