15671 Marcello Cir #124 · Bonita Springs, FL 34110

$439,000

3 bd · 2.5 ba · 1,715 sqft · Condo public records · 128 Days on market

Built 2006 $533/mo HOA · 9% of rent

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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 +26.3/30.0
• DSCR +8.9/10.0
• 1% rule +7.9/10.0
• ARV discount +7.5/15.0
• Schools +5.0/10.0
• Livability +3.5/5.0
• Condition / age +2.5/5.0
• Rent growth +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this exceptional end-unit residence offering refined Naples living with modern upgrades and timeless style. This 3-bedroom, 2.5-bath home with a 2-car garage has been thoughtfully updated with luxury vinyl flooring throughout both levels, creating a light, cohesive, and elegant atmosphere. The beautifully appointed kitchen features new quartz countertops and opens effortlessly to the main living areas, ideal for relaxed coastal living and effortless entertaining. Expansive sliders lead to a screened lanai, providing a tranquil outdoor extension—perfect for morning coffee, evening cocktails, or enjoying Naples' year-round sunshine. This highly desirable end unit offers enhanced privacy, abundant natural light, and the benefit of low community fees. Located within top-rated school zones and just minutes from Seed to Table, renowned dining, upscale shopping, entertainment, and Naples' white-sand beaches, this residence delivers both sophistication and convenience. A rare opportunity to enjoy move-in-ready luxury in a prime Naples location, perfectly suited for full-time living or a stylish seasonal retreat.

Key facts

• Screened lanai
• Enhanced privacy
• End unit residence

Tags

• END UNIT RESIDENCE
• LUXURY VINYL FLOORING
• NEW QUARTZ COUNTERTOPS
• SCREENED LANAI
• ENHANCED PRIVACY
• ABUNDANT NATURAL LIGHT

Property features AI

Finance

• HOA & community: Mandatory HOA; Professional management; Quarterly master HOA fee of $1,600 (total annual recurring fees $6,400); One-time fees totaling $1,100; HOA maintenance covers cable, insurance, internet/Wi‑Fi access, lawn/land maintenance, manager, master association fee, recreation facilities, street lights, and trash removal; Community amenities include basketball, BBQ/picnic area, pickleball, and tennis courts; Non-gated community

Exterior

• Parking: Attached garage; 2 garage spaces; 2+ parking spaces
• Utilities: Central water; Central sewer; Cable available
• Home design: Residential townhouse in the MILANO development; Carriage/Coach style building; 2-story building; Rear exposure faces south
• Construction: Concrete block construction; Built in 2006
• Exterior features: Stucco exterior; Single-hung windows; Shingle roof; Wooded area view; Central irrigation

Interior

• Kitchen: Electric cooktop; Range; Microwave; Dishwasher; Disposal; Refrigerator/Freezer
• Bedrooms: 3 bedrooms
• Flooring: Carpet; Tile
• Bathrooms: 2 full bathrooms; 1 half bathroom; Master bath with shower (shower only)
• Heating & cooling: Central electric heat; Central electric cooling
• Interior features: Fire sprinkler system; Volume ceilings; Great room floor plan; Screened lanai/porch; Breakfast bar and family dining area
• Laundry & utility: Washer; Dryer; Auto garage door opener

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath condo listed at $439k.

Deal economics

• At list price, monthly cash flow is $1k ($14k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($6k rent vs $439k).
• Recommended offer: $386k (12.0% below list) — sets the bar for market timing.
• Cap rate 9.4% vs local median 1.7% in Bonita Springs — 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 70/100 on livability (#428 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+, employment A; Watch: cost of living C-, health & safety D, amenities F.
• 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); Gulf Coast High School (math 57% / reading 68%, grade B-, #93 of 667 statewide, top 14%, 2,447 students, 20% FRL) — zoned schools average 21% FRL vs 55% district-wide (34 pts lower); this property's tenant base skews higher-income than the district average.
• Zoned-school proficiency averages 70% at this address vs 58% district-wide (+12 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); 595 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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 $5,649/mo this rent would consume 69% 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 128 days — a 12% lower offer ($386k) is reasonable based on typical stale-listing flexibility.
• 14 sale attempts since 12y 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 7→30/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $386,320 (12.0% below list)

Questions for the listing agent

1. It's been on market 128 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. 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?
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. 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.
7. 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.
8. 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: 1.29% ✓
• Cap rate: 9.40%
• Cash-on-cash: 11.09%
• DSCR: 1.49
• GRM: 6.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -3.4%
• Equity multiple: 0.88×
• Total profit: $-15,094
• Equity at exit: $65,456

10-year hold

• IRR: 2.3%
• Equity multiple: 1.14×
• Total profit: $17,098
• Equity at exit: $37,957

Cash invested: $122,920 (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 34110

• Rents YoY: -1.1%
• Active inventory: 595
• Price-to-rent: 6.5×

Monthly cashflow live

• Estimated rent: $5,649 high
• Mortgage (P&I): −$2,302
• Tax from tax record: −$309 /mo · $3,706/yr
• Insurance: −$183
• HOA: −$533
• Vacancy / Maint / Mgmt: −$1,186
• Net cashflow: $1,136

Break-even live

Break-even rent $4,211

Max offer price $439,000

Occupancy floor 75%

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: $109,750
• Closing costs: $13,170
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
16097 Ravina Way #36 Naples, FL	3.0	2.5	1580	$2,395	$1.52	21d	1	0.42mi
6478 Waverly Green Way Naples, FL	3.0	2.5	1711	$10,000	$5.84	23d	1	0.42mi
6522 Waverly Green Way Naples, FL	3.0	2.0	2039	$4,500	$2.21	23d	1	0.43mi
250 Willowick Dr Naples, FL	3.0	2.0	1469	$3,500	$2.38	23d	1	0.46mi
208 Erie Dr Unit 1355591P Naples, FL	3.0	2.0	1754	$5,550	$3.16	13d	1	0.54mi
5630 Sherborn Dr #202 Naples, FL	3.0	2.0	2005	$7,500	$3.74	23d	1	0.55mi
16208 Parque Ln Naples, FL	3.0	2.0	2000	$12,500	$6.25	23d	1	0.56mi
16188 Parque Ln Naples, FL	3.0	2.0	1974	$5,500	$2.79	23d	1	0.57mi
5455 Worthington Ln #103 Naples, FL	2.0	2.0	1202	$5,000	$4.16	23d	1	0.64mi
5455 Worthington Ln #202 Naples, FL	2.0	2.0	1427	$3,900	$2.73	23d	1	0.64mi
5935 Northridge Dr Naples, FL	2.0	2.0	1671	$2,995	$1.79	23d	1	0.71mi
5870 3 Iron Dr Unit 4-401 Naples, FL	3.0	2.0	1633	$8,000	$4.90	23d	1	0.74mi
5765 Grande Reserve Way Unit 7-702 Naples, FL	2.0	2.0	1800	$7,500	$4.17	23d	1	0.77mi
5963 Trophy Dr #2002 Naples, FL	2.0	2.0	2160	$8,000	$3.70	23d	1	0.80mi
5145 Cobble Creek Ct #202 Naples, FL	2.0	2.0	1798	$2,600	$1.45	21d	1	0.80mi
5885 Three Iron Dr #1102 Naples, FL	3.0	2.0	1633	$7,000	$4.29	23d	1	0.82mi
6017 Trophy Dr #601 Naples, FL	3.0	2.0	2160	$8,000	$3.70	23d	1	0.82mi
5325 Andover Dr #101 Naples, FL	2.0	2.0	1654	$5,250	$3.17	23d	1	0.82mi
5330 Andover Dr #102 Naples, FL	3.0	2.0	1740	$2,550	$1.47	23d	1	0.84mi
5892 Three Iron Dr #1504 Naples, FL	2.0	2.0	1793	$7,000	$3.90	23d	1	0.84mi
6029 Trophy Dr #301 Naples, FL	2.0	2.0	2160	$6,000	$2.78	23d	1	0.85mi
5886 Paradise Cir Naples, FL	3.0	3.0	1922	$6,800	$3.54	23d	1	0.86mi
5130 Cobble Creek Ct Unit B202 Naples, FL	3.0	2.0	2050	$2,800	$1.37	13d	1	0.87mi
5360 Andover Dr #202 Naples, FL	3.0	2.0	1928	$6,500	$3.37	23d	1	0.88mi
5705 Heron Ln #806 Naples, FL	2.0	2.0	1540	$7,000	$4.55	23d	1	0.90mi
5632 Whisperwood Blvd #1601 Naples, FL	3.0	2.0	1856	$8,000	$4.31	23d	1	0.91mi
5967 Sand Wedge Ln #106 Naples, FL	2.0	2.0	1540	$2,875	$1.87	23d	1	0.91mi
194 Wickliffe Dr Naples, FL	3.0	2.0	1798	$3,500	$1.95	23d	1	0.92mi
5693 Heron Ln #502 Naples, FL	2.0	2.0	1490	$6,800	$4.56	23d	1	0.93mi
5963 Sand Wedge Ln #203 Naples, FL	2.0	2.0	1490	$5,750	$3.86	23d	1	0.94mi
5963 Sand Wedge Ln #205 Naples, FL	2.0	2.0	1478	$6,500	$4.40	23d	1	0.94mi
16366 Barclay Ct Naples, FL	4.0	2.0	2034	$4,750	$2.34	21d	1	0.95mi
16366 Barclay Ct Naples, FL	4.0	2.0	2034	$4,750	$2.34	23d	1	0.95mi
5945 Sand Wedge Ln #1003 Naples, FL	2.0	2.0	1490	$6,000	$4.03	23d	1	0.95mi
16432 Aberdeen Way Naples, FL	4.0	2.0	2055	$4,200	$2.04	23d	1	0.95mi
5645 Whisperwood Blvd #504 Naples, FL	2.0	2.0	1793	$6,000	$3.35	23d	1	0.96mi
5125 Cedar Springs Dr #204 Naples, FL	3.0	2.0	2177	$5,650	$2.60	23d	1	0.96mi
5941 Sand Wedge Ln #1206 Naples, FL	2.0	2.0	1540	$3,450	$2.24	23d	1	0.96mi
5937 Sand Wedge Ln #1507 Naples, FL	2.0	2.0	1540	$6,500	$4.22	23d	1	0.96mi
16210 Allura Cir Naples, FL	1.0–3.0	1.0–2.0	1078	$3,570	$3.31	13d	18	0.97mi

HOA detail condo

• Monthly dues: $533 · $6,396/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 46 events

1. 2026-06-01
   days on market $439,000 Active 128 DOM
2. 2026-05-31
   days on market $439,000 Active 127 DOM
3. 2026-05-30
   days on market $439,000 Active 126 DOM
4. 2026-05-09
   price $439,000

   Show marketing remark (1138 chars)

   Welcome to this exceptional end-unit residence offering refined Naples living with modern upgrades and timeless style. This 3-bedroom, 2.5-bath home with a 2-car garage has been thoughtfully updated with luxury vinyl flooring throughout both levels, creating a light, cohesive, and elegant atmosphere. The beautifully appointed kitchen features new quartz countertops and opens effortlessly to the main living areas, ideal for relaxed coastal living and effortless entertaining. Expansive sliders lead to a screened lanai, providing a tranquil outdoor extension—perfect for morning coffee, evening cocktails, or enjoying Naples' year-round sunshine. This highly desirable end unit offers enhanced privacy, abundant natural light, and the benefit of low community fees. Located within top-rated school zones and just minutes from Seed to Table, renowned dining, upscale shopping, entertainment, and Naples' white-sand beaches, this residence delivers both sophistication and convenience. A rare opportunity to enjoy move-in-ready luxury in a prime Naples location, perfectly suited for full-time living or a stylish seasonal retreat.

5. 2026-05-09
   price $439,000 1138-char remark

   Show marketing remark (1138 chars)

   Welcome to this exceptional end-unit residence offering refined Naples living with modern upgrades and timeless style. This 3-bedroom, 2.5-bath home with a 2-car garage has been thoughtfully updated with luxury vinyl flooring throughout both levels, creating a light, cohesive, and elegant atmosphere. The beautifully appointed kitchen features new quartz countertops and opens effortlessly to the main living areas, ideal for relaxed coastal living and effortless entertaining. Expansive sliders lead to a screened lanai, providing a tranquil outdoor extension—perfect for morning coffee, evening cocktails, or enjoying Naples' year-round sunshine. This highly desirable end unit offers enhanced privacy, abundant natural light, and the benefit of low community fees. Located within top-rated school zones and just minutes from Seed to Table, renowned dining, upscale shopping, entertainment, and Naples' white-sand beaches, this residence delivers both sophistication and convenience. A rare opportunity to enjoy move-in-ready luxury in a prime Naples location, perfectly suited for full-time living or a stylish seasonal retreat.

6. 2026-03-31
   price $443,000

   Show marketing remark (1138 chars)

   Welcome to this exceptional end-unit residence offering refined Naples living with modern upgrades and timeless style. This 3-bedroom, 2.5-bath home with a 2-car garage has been thoughtfully updated with luxury vinyl flooring throughout both levels, creating a light, cohesive, and elegant atmosphere. The beautifully appointed kitchen features new quartz countertops and opens effortlessly to the main living areas, ideal for relaxed coastal living and effortless entertaining. Expansive sliders lead to a screened lanai, providing a tranquil outdoor extension—perfect for morning coffee, evening cocktails, or enjoying Naples' year-round sunshine. This highly desirable end unit offers enhanced privacy, abundant natural light, and the benefit of low community fees. Located within top-rated school zones and just minutes from Seed to Table, renowned dining, upscale shopping, entertainment, and Naples' white-sand beaches, this residence delivers both sophistication and convenience. A rare opportunity to enjoy move-in-ready luxury in a prime Naples location, perfectly suited for full-time living or a stylish seasonal retreat.

7. 2026-03-31
   price $443,000 1138-char remark

   Show marketing remark (1138 chars)

   Welcome to this exceptional end-unit residence offering refined Naples living with modern upgrades and timeless style. This 3-bedroom, 2.5-bath home with a 2-car garage has been thoughtfully updated with luxury vinyl flooring throughout both levels, creating a light, cohesive, and elegant atmosphere. The beautifully appointed kitchen features new quartz countertops and opens effortlessly to the main living areas, ideal for relaxed coastal living and effortless entertaining. Expansive sliders lead to a screened lanai, providing a tranquil outdoor extension—perfect for morning coffee, evening cocktails, or enjoying Naples' year-round sunshine. This highly desirable end unit offers enhanced privacy, abundant natural light, and the benefit of low community fees. Located within top-rated school zones and just minutes from Seed to Table, renowned dining, upscale shopping, entertainment, and Naples' white-sand beaches, this residence delivers both sophistication and convenience. A rare opportunity to enjoy move-in-ready luxury in a prime Naples location, perfectly suited for full-time living or a stylish seasonal retreat.

8. 2026-01-24
   listed $449,000 Active

   Show marketing remark (1138 chars)

   Welcome to this exceptional end-unit residence offering refined Naples living with modern upgrades and timeless style. This 3-bedroom, 2.5-bath home with a 2-car garage has been thoughtfully updated with luxury vinyl flooring throughout both levels, creating a light, cohesive, and elegant atmosphere. The beautifully appointed kitchen features new quartz countertops and opens effortlessly to the main living areas, ideal for relaxed coastal living and effortless entertaining. Expansive sliders lead to a screened lanai, providing a tranquil outdoor extension—perfect for morning coffee, evening cocktails, or enjoying Naples' year-round sunshine. This highly desirable end unit offers enhanced privacy, abundant natural light, and the benefit of low community fees. Located within top-rated school zones and just minutes from Seed to Table, renowned dining, upscale shopping, entertainment, and Naples' white-sand beaches, this residence delivers both sophistication and convenience. A rare opportunity to enjoy move-in-ready luxury in a prime Naples location, perfectly suited for full-time living or a stylish seasonal retreat.

9. 2026-01-24
   listed $449,000 Active 1138-char remark

   Show marketing remark (1138 chars)

   Welcome to this exceptional end-unit residence offering refined Naples living with modern upgrades and timeless style. This 3-bedroom, 2.5-bath home with a 2-car garage has been thoughtfully updated with luxury vinyl flooring throughout both levels, creating a light, cohesive, and elegant atmosphere. The beautifully appointed kitchen features new quartz countertops and opens effortlessly to the main living areas, ideal for relaxed coastal living and effortless entertaining. Expansive sliders lead to a screened lanai, providing a tranquil outdoor extension—perfect for morning coffee, evening cocktails, or enjoying Naples' year-round sunshine. This highly desirable end unit offers enhanced privacy, abundant natural light, and the benefit of low community fees. Located within top-rated school zones and just minutes from Seed to Table, renowned dining, upscale shopping, entertainment, and Naples' white-sand beaches, this residence delivers both sophistication and convenience. A rare opportunity to enjoy move-in-ready luxury in a prime Naples location, perfectly suited for full-time living or a stylish seasonal retreat.

10. 2025-03-06
    soldstatus $390,000 Closed 1017-char remark

    Show marketing remark (1017 chars)

    RARELY AVAILABLE END UNIT WITH 2 CAR GARAGE! This fresh, light & bright, well-maintained end unit boasts 3 bedrooms, 2 1/2 baths, 2-car garage with an oversize private screened patio/lanai & the privacy of the preserve. As an end unit, it has numerous additional side windows allowing natural light to come in. It has been recently painted inside & out. All appliances including in residence washer and dryer convey. The main floor is all tile. Milano is a popular North Naples community with low fees, zoned for top-rated schools, Veterans Memorial Elementary, North Naples Middle and the brand-new Aubrey Rogers High & is also close to I-75, Seed-to-Table, the beaches and shopping/entertainment areas. Milano's amenities consist of pickleball, tennis, basketball court, a dog park, picnic area with BBQ’ing and a community pool. Quarterly HOA fees of $1,339 include Insurance, Cable, landscaping, landscape irrigation, exterior building maintenance (painting, roof) & amenities.

11. 2025-02-11
    status Pending 1017-char remark

    Show marketing remark (1017 chars)

    RARELY AVAILABLE END UNIT WITH 2 CAR GARAGE! This fresh, light & bright, well-maintained end unit boasts 3 bedrooms, 2 1/2 baths, 2-car garage with an oversize private screened patio/lanai & the privacy of the preserve. As an end unit, it has numerous additional side windows allowing natural light to come in. It has been recently painted inside & out. All appliances including in residence washer and dryer convey. The main floor is all tile. Milano is a popular North Naples community with low fees, zoned for top-rated schools, Veterans Memorial Elementary, North Naples Middle and the brand-new Aubrey Rogers High & is also close to I-75, Seed-to-Table, the beaches and shopping/entertainment areas. Milano's amenities consist of pickleball, tennis, basketball court, a dog park, picnic area with BBQ’ing and a community pool. Quarterly HOA fees of $1,339 include Insurance, Cable, landscaping, landscape irrigation, exterior building maintenance (painting, roof) & amenities.

12. 2025-01-09
    price $425,000 1017-char remark

    Show marketing remark (1017 chars)

    RARELY AVAILABLE END UNIT WITH 2 CAR GARAGE! This fresh, light & bright, well-maintained end unit boasts 3 bedrooms, 2 1/2 baths, 2-car garage with an oversize private screened patio/lanai & the privacy of the preserve. As an end unit, it has numerous additional side windows allowing natural light to come in. It has been recently painted inside & out. All appliances including in residence washer and dryer convey. The main floor is all tile. Milano is a popular North Naples community with low fees, zoned for top-rated schools, Veterans Memorial Elementary, North Naples Middle and the brand-new Aubrey Rogers High & is also close to I-75, Seed-to-Table, the beaches and shopping/entertainment areas. Milano's amenities consist of pickleball, tennis, basketball court, a dog park, picnic area with BBQ’ing and a community pool. Quarterly HOA fees of $1,339 include Insurance, Cable, landscaping, landscape irrigation, exterior building maintenance (painting, roof) & amenities.

13. 2024-12-30
    price $439,000 1017-char remark

    Show marketing remark (1017 chars)

    RARELY AVAILABLE END UNIT WITH 2 CAR GARAGE! This fresh, light & bright, well-maintained end unit boasts 3 bedrooms, 2 1/2 baths, 2-car garage with an oversize private screened patio/lanai & the privacy of the preserve. As an end unit, it has numerous additional side windows allowing natural light to come in. It has been recently painted inside & out. All appliances including in residence washer and dryer convey. The main floor is all tile. Milano is a popular North Naples community with low fees, zoned for top-rated schools, Veterans Memorial Elementary, North Naples Middle and the brand-new Aubrey Rogers High & is also close to I-75, Seed-to-Table, the beaches and shopping/entertainment areas. Milano's amenities consist of pickleball, tennis, basketball court, a dog park, picnic area with BBQ’ing and a community pool. Quarterly HOA fees of $1,339 include Insurance, Cable, landscaping, landscape irrigation, exterior building maintenance (painting, roof) & amenities.

14. 2024-11-22
    listed $449,900 Active 1017-char remark

    Show marketing remark (1017 chars)

    RARELY AVAILABLE END UNIT WITH 2 CAR GARAGE! This fresh, light & bright, well-maintained end unit boasts 3 bedrooms, 2 1/2 baths, 2-car garage with an oversize private screened patio/lanai & the privacy of the preserve. As an end unit, it has numerous additional side windows allowing natural light to come in. It has been recently painted inside & out. All appliances including in residence washer and dryer convey. The main floor is all tile. Milano is a popular North Naples community with low fees, zoned for top-rated schools, Veterans Memorial Elementary, North Naples Middle and the brand-new Aubrey Rogers High & is also close to I-75, Seed-to-Table, the beaches and shopping/entertainment areas. Milano's amenities consist of pickleball, tennis, basketball court, a dog park, picnic area with BBQ’ing and a community pool. Quarterly HOA fees of $1,339 include Insurance, Cable, landscaping, landscape irrigation, exterior building maintenance (painting, roof) & amenities.

15. 2023-12-04
    historical $3,000
16. 2023-10-06
    listed $3,000
17. 2021-04-16
    soldstatus $289,000
18. 2021-04-14
    soldstatus $289,000 Sold
19. 2021-03-09
    status Pending With Contingencies
20. 2021-02-03
    price $289,000
21. 2021-01-28
    price $299,000
22. 2021-01-28
    status Active
23. 2021-01-26
    status Pending With Contingencies
24. 2021-01-01
    listed $284,900 Active
25. 2020-12-31
    historical
26. 2020-09-16
    listed $284,900 Active
27. 2020-09-15
    historical
28. 2020-09-09
    price $289,900
29. 2020-06-08
    listed $294,900 Active
30. 2019-07-17
    historical
31. 2019-04-01
    listed $279,900 Active
32. 2019-03-31
    historical
33. 2018-09-19
    listed $279,900 Active
34. 2018-09-14
    historical
35. 2018-06-14
    historical
36. 2018-06-14
    listed $279,900 Active
37. 2018-05-02
    price $279,900
38. 2018-03-13
    price $289,900
39. 2018-01-27
    price $294,900
40. 2018-01-13
    historical
41. 2018-01-13
    listed $299,900 Active
42. 2017-09-29
    price $299,900
43. 2017-06-21
    price $309,900
44. 2017-06-13
    listed $319,900 Active
45. 2014-10-29
    historical
46. 2014-10-21
    listed $309,900

ⓘ 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: $3,706 · $309/mo
• Projected year-2 tax: $3,706 · $309/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 3/10 Moderate FEMA zone X (unshaded) · 12% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥108°F today · 30 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

Taxation est. · year 1

• Rental income: $67,786
• − Mortgage interest: −$24,591
• − Property taxes: −$3,706
• − Insurance: −$2,195
• − Repairs & maintenance: −$5,423
• − Management: −$5,423
• − HOA: −$6,396
• − Depreciation: −$12,771
• Taxable income: $7,282
• Est. tax owed @ 24.0%: −$1,748
• After-tax cash flow: $11,881/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 — Bonita Springs

• Score: 70/100
• State rank: #428
• US rank: #7576

Category grades

Amenities F Commute F Cost of living C- Crime A+ Employment A Housing A+ Health & safety D User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Collier County · 396,295 people
• City population: 64,727
• Metro: Naples-Marco Island, FL
• Population (ZIP): 25,630
• Household income: $97,564
• Rent vs Own: 23.2% rent · 76.8% 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

+41.7% since first listed

43 events — show timeline

• 2026-05-09 Price Changed $439,000 NAPLESMLS
• 2026-05-09 Price Changed $439,000 MIML
• 2026-03-31 Price Changed $443,000 NAPLESMLS
• 2026-03-31 Price Changed $443,000 MIML
• 2026-01-24 Listed $449,000 MIML
• 2026-01-24 Listed $449,000 NAPLESMLS
• 2025-03-06 Sold (MLS) $390,000 FORTMLS
• 2025-02-11 Pending — FORTMLS
• 2025-01-09 Price Changed $425,000 FORTMLS
• 2024-12-30 Price Changed $439,000 FORTMLS
• 2024-11-22 Listed $449,900 FORTMLS
• 2023-12-04 Rental Removed $3,000 FORTMLS
• 2023-10-06 Listed for Rent $3,000 FORTMLS
• 2021-04-16 Sold (Public Records) $289,000 Public Records
• 2021-04-14 Sold (MLS) $289,000 NAPLESMLS
• 2021-03-09 Pending — NAPLESMLS
• 2021-02-03 Price Changed $289,000 NAPLESMLS
• 2021-01-28 Price Changed $299,000 NAPLESMLS
• 2021-01-28 Relisted — NAPLESMLS
• 2021-01-26 Pending — NAPLESMLS
• 2021-01-01 Listed $284,900 NAPLESMLS
• 2020-12-31 Listing Removed — NAPLESMLS
• 2020-09-16 Listed $284,900 NAPLESMLS
• 2020-09-15 Listing Removed — NAPLESMLS
• 2020-09-09 Price Changed $289,900 NAPLESMLS
• 2020-06-08 Listed $294,900 NAPLESMLS
• 2019-07-17 Listing Removed — NAPLESMLS
• 2019-04-01 Listed $279,900 NAPLESMLS
• 2019-03-31 Listing Removed — NAPLESMLS
• 2018-09-19 Listed $279,900 NAPLESMLS
• 2018-09-14 Listing Removed — NAPLESMLS
• 2018-06-14 Listing Removed — NAPLESMLS
• 2018-06-14 Listed $279,900 NAPLESMLS
• 2018-05-02 Price Changed $279,900 NAPLESMLS
• 2018-03-13 Price Changed $289,900 NAPLESMLS
• 2018-01-27 Price Changed $294,900 NAPLESMLS
• 2018-01-13 Listing Removed — NAPLESMLS
• 2018-01-13 Listed $299,900 NAPLESMLS
• 2017-09-29 Price Changed $299,900 NAPLESMLS
• 2017-06-21 Price Changed $309,900 NAPLESMLS
• 2017-06-13 Listed $319,900 NAPLESMLS
• 2014-10-29 Listing Removed — NAPLESMLS
• 2014-10-21 Listed $309,900 NAPLESMLS

Property tax history

+7.1%/yr

Latest (2025): $3,706 · -8.5% YoY. Source: county tax records.