5435 Worthington Ln #204 · Pelican Marsh, FL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 9/10 · Severe
- Hot days now (above 108°F)
- 4 days/yr
- Hot days in 30 yrs
- 19 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 C- 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 +20.7/30.0
- ARV discount +7.5/15.0
- DSCR +6.6/10.0
- 1% rule +5.0/10.0
- Schools +5.0/10.0
- Livability +2.5/5.0
- Condition / age +2.5/5.0
- Rent growth +2.2/5.0
- Appreciation +0.0/10.0
$434,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
This inviting second-floor residence offers a comfortable blend of style, light, and easy Florida living within a well-maintained condominium community. The interior features a thoughtfully designed layout that feels open yet defined, with generous living and dining areas that flow naturally for everyday living and entertaining. Large windows and glass doors allow natural light to fill the space, creating a bright, airy atmosphere throughout, while neutral finishes provide a clean backdrop ready for personal touches. The kitchen is practical and welcoming, designed for both casual meals and more formal gatherings, and the bedrooms offer privacy and comfort with ample storage. The AC unit was recently replaced. A screened outdoor space extends the living area, ideal for enjoying peaceful mornings or relaxing evenings while taking in the surrounding greenery. Residents enjoy access to a range of community amenities and the convenience of being close to shopping, dining, beaches, and all that North Naples has to offer, making this property an excellent choice for a primary residence or seasonal retreat.
Key facts
- $221 HOA
- Garage
- Community pool
Property features AI
Finance
- Financial info: Pets allowed with restrictions/conditions
- HOA & community: Quarterly association fee; Association fee covers management, cable TV, insurance, internet, legal/accounting, grounds maintenance, recreation facilities, reserves, sewer and water; Community amenities include clubhouse, fitness center, basketball court, tennis courts, pool, spa/hot tub, pier, barbecue/picnic area, trails and vehicle wash area
Exterior
- Parking: Covered detached carport; One carport space; Garage door opener; Guest parking
- Security: Smoke detector(s)
- Utilities: Cable available
- Home design: Single-story building; Entry located on level 2; Property is attached
- Construction: Block construction; Stucco exterior; Resale property
- Exterior features: Balcony; Screened balcony/porch; Association pool; Lakefront property; Has a view; South-facing
Interior
- Kitchen: Electric range; Microwave; Dishwasher; Refrigerator; Pantry
- Bedrooms: Den (listed as a room type)
- Flooring: Hardwood; Tile; Wood
- Bathrooms: 2 full bathrooms
- Heating & cooling: Central heating (electric); Central air conditioning; Attic fan; Ceiling fan(s)
- Interior features: Built-in features; Breakfast area; Living/dining room; Pantry; Split bedroom layout; Walk-in closet(s); Impact glass windows; Furnishing negotiable
- Laundry & utility: Washer; Dryer; Laundry/utility room
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $435k.
Deal economics
- At list price, monthly cash flow is $589 ($7k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $434k (0.1% below list).
- Recommended offer: $383k (12.0% below list) — sets the bar for market timing.
Location & tenants
- Location reads: area grade C — affects rentability + tenant quality, not the cash-flow math above.
- Collier (suburban): math 60% / reading 56% proficiency, ranked #16 of 73 in FL (top 22%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
- Zoned schools: Veterans Memorial Elementary School (math 78% / reading 79%, grade A, #141 of 2,144 statewide, top 7%, 743 students, 22% FRL); North Naples Middle School (math 79% / reading 73%, grade A, #34 of 571 statewide, top 6%, 903 students, 25% FRL); Gulf Coast High School (math 57% / reading 68%, grade B-, #93 of 667 statewide, top 14%, 2,447 students, 20% FRL) — zoned schools average 22% FRL vs 55% district-wide (33 pts lower); this property's tenant base skews higher-income than the district average.
- Zoned-school proficiency averages 72% at this address vs 58% district-wide (+14 pts) — the actual schools serving this property are materially stronger than the Collier average implies; a family-tenant draw the district grade alone would hide.
- Market conditions: Rents soft (-1.1%/yr); 593 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 3,520 units permitted in Collier County in 2024 (959 in 5+ unit buildings).
- At $4,345/mo this rent would consume 53% of the median local household income ($98k/yr) (locally 1006% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $13k of value loss. Plan a longer hold.
- Collier County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 139 days — a 12% lower offer ($383k) is reasonable based on typical stale-listing flexibility.
- 4 sale attempts since 2y 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.
Risks & watch-outs
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 4→19/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 139 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- 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.
- 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 apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.00% ✗
- Cap rate
- 7.92%
- Cash-on-cash
- 5.80%
- DSCR
- 1.26
- GRM
- 8.3
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 0.0% rent growth · sell at horizon
- IRR
- -10.6%
- Equity multiple
- 0.62×
- Total profit
- $-45,752
- Equity at exit
- $64,845
- IRR
- -6.0%
- Equity multiple
- 0.66×
- Total profit
- $-40,916
- Equity at exit
- $37,602
Cash invested: $121,772 (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 34110
- Rents YoY
- -1.1%
- Active inventory
- 593
- Price-to-rent
- 8.3×
Monthly cashflow live
- Estimated rent
- $4,345 high interval (Pro) →
- Mortgage (P&I)
- −$2,281
- Tax from tax record
- −$161 /mo · $1,932/yr
- Insurance
- −$181
- HOA
- −$221
- Vacancy / Maint / Mgmt
- −$912
- Net cashflow
- $589
Break-even live
Sensitivity live
| Price | -10% $835 | -5% $712 | +0% $589 | +5% $465 | +10% $342 |
|---|---|---|---|---|---|
| Rent | -10% $245 | -5% $417 | +0% $589 | +5% $760 | +10% $932 |
| Rate | -1.0pp $808 | -0.5pp $699 | base $589 | +0.5pp $476 | +1.0pp $361 |
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
- $108,725
- Closing costs
- $13,047
- 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 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 5455 Worthington Ln #202 Naples, FL | 2.0 | 2.0 | 1427 | $3,900 | $2.73 | 25d | 1 | 0.03mi |
| 5455 Worthington Ln #103 Naples, FL | 2.0 | 2.0 | 1202 | $5,000 | $4.16 | 25d | 1 | 0.03mi |
| 5145 Cobble Creek Ct #202 Naples, FL | 2.0 | 2.0 | 1798 | $2,600 | $1.45 | 23d | 1 | 0.15mi |
| 5630 Sherborn Dr #202 Naples, FL | 3.0 | 2.0 | 2005 | $7,500 | $3.74 | 25d | 1 | 0.16mi |
| 5130 Cobble Creek Ct Unit B202 Naples, FL | 3.0 | 2.0 | 2050 | $2,800 | $1.37 | 15d | 1 | 0.21mi |
| 5330 Andover Dr #102 Naples, FL | 3.0 | 2.0 | 1740 | $2,550 | $1.47 | 25d | 1 | 0.21mi |
| 5325 Andover Dr #101 Naples, FL | 2.0 | 2.0 | 1654 | $5,250 | $3.17 | 25d | 1 | 0.22mi |
| 5935 Northridge Dr Naples, FL | 2.0 | 2.0 | 1671 | $2,995 | $1.79 | 25d | 1 | 0.24mi |
| 5360 Andover Dr #202 Naples, FL | 3.0 | 2.0 | 1928 | $6,500 | $3.37 | 25d | 1 | 0.24mi |
| 5125 Cedar Springs Dr #204 Naples, FL | 3.0 | 2.0 | 2177 | $5,650 | $2.60 | 25d | 1 | 0.31mi |
| 4910 Deerfield Way #103 Naples, FL | 2.0 | 2.0 | 1200 | $4,800 | $4.00 | 23d | 1 | 0.31mi |
| 4910 Deerfield Way Unit A-203 Naples, FL | 2.0 | 2.0 | 1388 | $5,500 | $3.96 | 15d | 1 | 0.31mi |
| 250 Willowick Dr Naples, FL | 3.0 | 2.0 | 1469 | $3,500 | $2.38 | 25d | 1 | 0.35mi |
| 5025 Cedar Springs Dr #102 Naples, FL | 2.0 | 2.5 | 1202 | $3,510 | $2.92 | 25d | 1 | 0.35mi |
| 5025 Cedar Springs Dr #102 Naples, FL | 2.0 | 2.0 | 1202 | $1,590 | $1.32 | 15d | 1 | 0.35mi |
| 5105 Cedar Springs Dr #101 Naples, FL | 2.0 | 2.0 | 1650 | $7,000 | $4.24 | 25d | 1 | 0.36mi |
| 4960 Deerfield Way Unit E102 Naples, FL | 2.0 | 2.0 | 1202 | $4,250 | $3.54 | 15d | 1 | 0.37mi |
| 4950 Deerfield Way #202 Naples, FL | 2.0 | 2.0 | 1388 | $2,000 | $1.44 | 23d | 1 | 0.37mi |
| 5632 Whisperwood Blvd #1601 Naples, FL | 3.0 | 2.0 | 1856 | $8,000 | $4.31 | 25d | 1 | 0.39mi |
| 4970 Deerfield Way Unit F-203 Naples, FL | 2.0 | 2.0 | 1388 | $1,990 | $1.43 | 15d | 1 | 0.39mi |
| 5045 Cedar Springs Dr #203 Naples, FL | 2.0 | 2.0 | 1427 | $4,200 | $2.94 | 25d | 1 | 0.40mi |
| 5045 Cedar Springs Dr #103 Naples, FL | 2.0 | 2.0 | 1202 | $5,000 | $4.16 | 25d | 1 | 0.40mi |
| 208 Erie Dr Unit 1355591P Naples, FL | 3.0 | 2.0 | 1754 | $5,550 | $3.16 | 15d | 1 | 0.41mi |
| 5645 Whisperwood Blvd #504 Naples, FL | 2.0 | 2.0 | 1793 | $6,000 | $3.35 | 25d | 1 | 0.42mi |
| 5765 Grande Reserve Way Unit 7-702 Naples, FL | 2.0 | 2.0 | 1800 | $7,500 | $4.17 | 25d | 1 | 0.44mi |
| 4910 Cougar Ct N Unit 1-205 Naples, FL | 2.0 | 2.0 | 1377 | $2,050 | $1.49 | 15d | 1 | 0.47mi |
| 5657 Whisperwood Blvd #204 Naples, FL | 2.0 | 2.0 | 1793 | $6,000 | $3.35 | 25d | 1 | 0.47mi |
| 6478 Waverly Green Way Naples, FL | 3.0 | 2.5 | 1711 | $10,000 | $5.84 | 25d | 1 | 0.49mi |
| 5693 Heron Ln #502 Naples, FL | 2.0 | 2.0 | 1490 | $6,800 | $4.56 | 25d | 1 | 0.51mi |
| 194 Wickliffe Dr Naples, FL | 3.0 | 2.0 | 1798 | $3,500 | $1.95 | 25d | 1 | 0.52mi |
| 4720 Saint Croix Ln #137 Naples, FL | 2.0 | 2.0 | 1200 | $2,200 | $1.83 | 25d | 1 | 0.53mi |
| 5705 Heron Ln #806 Naples, FL | 2.0 | 2.0 | 1540 | $7,000 | $4.55 | 25d | 1 | 0.54mi |
| 4945 Cougar Ct S #105 Naples, FL | 2.0 | 2.0 | 1377 | $2,750 | $2.00 | 15d | 1 | 0.54mi |
| 5000 Immokalee Rd Naples, FL | 1.0–3.0 | 1.0–2.0 | 1115 | $3,186 | $2.86 | 15d | 68 | 0.56mi |
| 300 Diamond Cir #302 Naples, FL | 3.0 | 2.0 | 1755 | $2,600 | $1.48 | 25d | 1 | 0.57mi |
| 4940 Cougar Ct S Unit 1545947P Naples, FL | 2.0 | 2.0 | 1367 | $2,185 | $1.60 | 15d | 1 | 0.57mi |
| 4680 Saint Croix Ln Naples, FL | 1.0–3.0 | 1.0–2.0 | 931 | $2,000 | $2.15 | 15d | 2 | 0.57mi |
| 4610 Saint Croix Ln #1027 Naples, FL | 3.0 | 2.0 | 1196 | $4,000 | $3.34 | 25d | 1 | 0.57mi |
| 4680 Saint Croix Ln #512 Naples, FL | 3.0 | 2.0 | 1196 | $2,490 | $2.08 | 25d | 1 | 0.58mi |
| 4965 Sandra Bay Dr #102 Naples, FL | 2.0 | 2.0 | 1377 | $2,200 | $1.60 | 15d | 1 | 0.60mi |
HOA detail condo
- Monthly dues
- $221 · $2,652/yr
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 24 events
-
2026-06-21days on market $434,900 Active 139 DOM
-
2026-06-18days on market $434,900 Active 136 DOM
-
2026-06-17days on market $434,900 Active 135 DOM
-
2026-06-16days on market $434,900 Active 134 DOM
-
2026-06-15days on market $434,900 Active 133 DOM
-
2026-06-14days on market $434,900 Active 131 DOM
-
2026-06-10days on market $434,900 Active 128 DOM
-
2026-06-09days on market $434,900 Active 127 DOM
-
2026-06-08days on market $434,900 Active 126 DOM
-
2026-06-07days on market $434,900 Active 125 DOM
-
2026-06-03days on market $434,900 Active 121 DOM
-
2026-06-02days on market $434,900 Active 120 DOM
-
2026-06-01days on market $434,900 Active 119 DOM
-
2026-05-31days on market $434,900 Active 118 DOM
-
2026-05-30days on market $434,900 Active 117 DOM
-
2026-04-27price $434,900
Show marketing remark (1117 chars)
This inviting second-floor residence offers a comfortable blend of style, light, and easy Florida living within a well-maintained condominium community. The interior features a thoughtfully designed layout that feels open yet defined, with generous living and dining areas that flow naturally for everyday living and entertaining. Large windows and glass doors allow natural light to fill the space, creating a bright, airy atmosphere throughout, while neutral finishes provide a clean backdrop ready for personal touches. The kitchen is practical and welcoming, designed for both casual meals and more formal gatherings, and the bedrooms offer privacy and comfort with ample storage. The AC unit was recently replaced. A screened outdoor space extends the living area, ideal for enjoying peaceful mornings or relaxing evenings while taking in the surrounding greenery. Residents enjoy access to a range of community amenities and the convenience of being close to shopping, dining, beaches, and all that North Naples has to offer, making this property an excellent choice for a primary residence or seasonal retreat.
-
2026-04-27price $434,900 1117-char remark
Show marketing remark (1117 chars)
This inviting second-floor residence offers a comfortable blend of style, light, and easy Florida living within a well-maintained condominium community. The interior features a thoughtfully designed layout that feels open yet defined, with generous living and dining areas that flow naturally for everyday living and entertaining. Large windows and glass doors allow natural light to fill the space, creating a bright, airy atmosphere throughout, while neutral finishes provide a clean backdrop ready for personal touches. The kitchen is practical and welcoming, designed for both casual meals and more formal gatherings, and the bedrooms offer privacy and comfort with ample storage. The AC unit was recently replaced. A screened outdoor space extends the living area, ideal for enjoying peaceful mornings or relaxing evenings while taking in the surrounding greenery. Residents enjoy access to a range of community amenities and the convenience of being close to shopping, dining, beaches, and all that North Naples has to offer, making this property an excellent choice for a primary residence or seasonal retreat.
-
2026-04-27price $434,900 1117-char remark
Show marketing remark (1117 chars)
This inviting second-floor residence offers a comfortable blend of style, light, and easy Florida living within a well-maintained condominium community. The interior features a thoughtfully designed layout that feels open yet defined, with generous living and dining areas that flow naturally for everyday living and entertaining. Large windows and glass doors allow natural light to fill the space, creating a bright, airy atmosphere throughout, while neutral finishes provide a clean backdrop ready for personal touches. The kitchen is practical and welcoming, designed for both casual meals and more formal gatherings, and the bedrooms offer privacy and comfort with ample storage. The AC unit was recently replaced. A screened outdoor space extends the living area, ideal for enjoying peaceful mornings or relaxing evenings while taking in the surrounding greenery. Residents enjoy access to a range of community amenities and the convenience of being close to shopping, dining, beaches, and all that North Naples has to offer, making this property an excellent choice for a primary residence or seasonal retreat.
-
2026-02-02$439,900 Active 1117-char remark
Show marketing remark (1117 chars)
This inviting second-floor residence offers a comfortable blend of style, light, and easy Florida living within a well-maintained condominium community. The interior features a thoughtfully designed layout that feels open yet defined, with generous living and dining areas that flow naturally for everyday living and entertaining. Large windows and glass doors allow natural light to fill the space, creating a bright, airy atmosphere throughout, while neutral finishes provide a clean backdrop ready for personal touches. The kitchen is practical and welcoming, designed for both casual meals and more formal gatherings, and the bedrooms offer privacy and comfort with ample storage. The AC unit was recently replaced. A screened outdoor space extends the living area, ideal for enjoying peaceful mornings or relaxing evenings while taking in the surrounding greenery. Residents enjoy access to a range of community amenities and the convenience of being close to shopping, dining, beaches, and all that North Naples has to offer, making this property an excellent choice for a primary residence or seasonal retreat.
-
2026-01-30$439,900 Active
Show marketing remark (1117 chars)
This inviting second-floor residence offers a comfortable blend of style, light, and easy Florida living within a well-maintained condominium community. The interior features a thoughtfully designed layout that feels open yet defined, with generous living and dining areas that flow naturally for everyday living and entertaining. Large windows and glass doors allow natural light to fill the space, creating a bright, airy atmosphere throughout, while neutral finishes provide a clean backdrop ready for personal touches. The kitchen is practical and welcoming, designed for both casual meals and more formal gatherings, and the bedrooms offer privacy and comfort with ample storage. The AC unit was recently replaced. A screened outdoor space extends the living area, ideal for enjoying peaceful mornings or relaxing evenings while taking in the surrounding greenery. Residents enjoy access to a range of community amenities and the convenience of being close to shopping, dining, beaches, and all that North Naples has to offer, making this property an excellent choice for a primary residence or seasonal retreat.
-
2026-01-30$439,900 Active 1117-char remark
Show marketing remark (1117 chars)
This inviting second-floor residence offers a comfortable blend of style, light, and easy Florida living within a well-maintained condominium community. The interior features a thoughtfully designed layout that feels open yet defined, with generous living and dining areas that flow naturally for everyday living and entertaining. Large windows and glass doors allow natural light to fill the space, creating a bright, airy atmosphere throughout, while neutral finishes provide a clean backdrop ready for personal touches. The kitchen is practical and welcoming, designed for both casual meals and more formal gatherings, and the bedrooms offer privacy and comfort with ample storage. The AC unit was recently replaced. A screened outdoor space extends the living area, ideal for enjoying peaceful mornings or relaxing evenings while taking in the surrounding greenery. Residents enjoy access to a range of community amenities and the convenience of being close to shopping, dining, beaches, and all that North Naples has to offer, making this property an excellent choice for a primary residence or seasonal retreat.
-
2024-03-29soldstatus $450,000 Sold
-
2024-03-06status Pending With Contingencies
-
2024-02-24$450,000 Active
ⓘ 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
- $1,932 · $161/mo
- Projected year-2 tax
- $3,610 · $301/mo
- Expected delta
- +$1,678/yr (+$140/mo · 86.9%)
ⓘ 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 1/10 Low
- Heat 9/10 Extreme 4 d/yr ≥108°F today · 19 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
- $52,138
- − Mortgage interest
- −$24,361
- − Property taxes
- −$1,932
- − Insurance
- −$2,174
- − Repairs & maintenance
- −$4,171
- − Management
- −$4,171
- − HOA
- −$2,652
- − Depreciation
- −$12,652
- Taxable income
- $25
- Est. tax owed @ 24.0%
- −$6
- After-tax cash flow
- $7,057/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
- Collier
- NCES district ID
- 1200330
- Math proficiency
- 60% ▼ -4.00%
- Reading proficiency
- 56% ▼ -2.00%
- Median HH income
- $58,275
- Composite
- 50.23/100
- National rank
- #1892
- State rank
- #16 of 73 in FL
Livability — Pelican Marsh
No livability data for this city. (Only ~50 U.S. cities are tracked.)
Census & demographics
- County
- Collier County · 396,295 people
- Metro
- Naples-Marco Island, FL
- Population (ZIP)
- 25,630
- Household income
- $97,564
- Rent vs Own
- Severe rent burden
- 1006.0
Population outlook (Collier County) Hauer SSP2
- Today (2025)
- 420,858 people
- By 2030
- 450,054 · +6.9%
- By 2040
- 502,232 · +19.3%
- By 2050
- 544,932 · +29.5%
- By 2075
- 627,203 · +49.0%
- By 2100
- 659,015 · +56.6%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (84%)
- Race & ethnicity
- White 84% Hispanic / Latino 10% Two or more races 9% Asian 2% Black 1%
- Hispanic origin (detail)
- Mexican 2% Puerto Rican 1% Cuban 3%
- Common ancestry
- Romanian 4% Lithuanian 3% Slovak 2%
- Foreign-born
- 11% · Canada, South Korea
- Languages at home
- 87% English-only · Spanish 7% Other Indo-European 3% French/Haitian/Cajun 1%
Political lean MEDSL · Collier
- 2024 margin
- Solid R (+33.1) · D 33.1% · R 66.2%
- 2008→2024 swing
- -10.6pp toward R · 2008: -22.5pp · 2024: -33.1pp
- All cycles
- 2024: R+33.1 2020: R+24.7 2016: R+26.0 2012: R+30.1 2008: R+22.5
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -172.68%
- Current HPI
- 267.4644
- Rent YoY
- ▼ -1.06%
- Metro
- Naples-Marco Island, 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
-3.4% since first listed9 events — show timeline
- 2026-04-27 Price Changed $434,900 MARMLS
- 2026-04-27 Price Changed $434,900 Stellar MLS as Distributed by MLS Grid
- 2026-04-27 Price Changed $434,900 FORTMLS
- 2026-02-02 Listed $439,900 Stellar MLS as Distributed by MLS Grid
- 2026-01-30 Listed $439,900 FORTMLS
- 2026-01-30 Listed $439,900 MARMLS
- 2024-03-29 Sold (MLS) $450,000 NAPLESMLS
- 2024-03-06 Pending — NAPLESMLS
- 2024-02-24 Listed $450,000 NAPLESMLS
Property tax history
+0.7%/yrLatest (2025): $1,932 · -28.6% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…