134 Bremen Ave S · Lehigh Acres, FL 33974

$270,000

3 bd · 3.0 ba · 1,057 sqft · Land · 153 Days on market

Built 2025 0.26 ac lot

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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).

• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• Cash flow +6.1/30.0
• Schools +4.1/10.0
• Livability +3.0/5.0
• Condition / age +2.5/5.0
• 1% rule +1.4/10.0
• Rent growth +1.3/5.0
• DSCR +0.4/10.0

Listing remarks MLS

SAY YES TO THE ADRESS!!! Welcome to 134 Bremen Ave S, a prime vacant lot in the picturesque Lehigh Acres! Boasting a generous land size of 11,522 square feet (0.265 acres), this property presents an incredible opportunity to bring your dream home to life. The zoning code RS-1 designates this parcel for residential use, providing the perfect canvas for constructing your ideal living space. Situated in a tranquil neighborhood, the county use description of RESIDENTIAL-VACANT" ensures a peaceful and residential setting for your future home. Imagine the possibilities as you envision a custom-built residence perfectly tailored to your preferences. The expansive lot offers endless possibilities for creating a distinctive home surrounded by nature. With ample space for landscaping and outdoor amenities, you can design your private oasis. Whether you envision a sprawling estate, a charming cottage, or a modern masterpiece, this vacant lot provides the foundation for realizing your dreams. Lehigh Acres is known for its serene atmosphere and proximity to essential amenities. Embrace the opportunity to live in a community that combines the tranquility of suburban living with the convenience of nearby schools, shopping centers, and recreational areas. Don't miss out on the chance to build your dream home in this coveted location. Seize the potential and transform this vacant lot into your imagined haven. Explore the endless possibilities and make this address your dream home.

Key facts

• High end finishes
• Hurricane protection
• 0.26 acre lot

Tags

• NEW CONSTRUCTION LUXURY
• HIGH END FINISHES
• PORCELAIN TILE FLOORS
• CHEF INSPIRED ISLAND KITCHEN
• IMPACT RESISTANT GLASS WINDOWS
• HURRICANE PROTECTION

Property features AI

Finance

• Other: Lot is regular-shaped with wooded area view; Property size approximately 0.2645 acres; Lot dimensions recorded by Property Appraiser Office
• HOA & community: No HOA maintenance or amenities; Non-gated community

Exterior

• Parking: Attached garage (1 car); Driveway with paved parking and 2+ spaces
• Security: Impact resistant doors and windows; Smoke detectors
• Utilities: Well water; Septic sewer; Electric service (central); Cable available
• Home design: Residential single-family home; 1 story / ranch; Rear exposure faces west; Located in Lehigh Acres development
• Construction: Concrete block construction; Shingle roof; Built in 2025
• Exterior features: Room for pool; Single-hung and sliding windows; Impact resistant doors and windows; Stucco exterior finish; Paved road access; Public road

Interior

• Kitchen: Range; Microwave; Disposal; Refrigerator / icemaker
• Bedrooms: 3 bedrooms; Master bedroom on ground floor; First-floor bedroom; Split bedrooms
• Flooring: Tile flooring
• Bathrooms: 3 full bathrooms; Master bath with shower only
• Heating & cooling: Central electric heat; Central electric air conditioning; Ceiling fans
• Interior features: Built-in cabinets; Cable prewire; High-speed internet available; Smoke detectors; Dining area in the living room; Great room / open floor plan; Split bedroom layout; Guest bath; Guest room; Open porch / lanai; Unfurnished
• Laundry & utility: Washer/dryer hookup; Laundry in residence; Auto garage door

What this means for you Summary

Snapshot

• This is a 3-bed/3.0-bath land listed at $270k.

Deal economics

• At list price, monthly cash flow is $-508 ($-6k/yr) — negative.
• To cash-flow at today's rent, offer at most $196k (27.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $172k (36.4% below list).
• Recommended offer: $172k (36.4% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 59/100 on livability (#826 in FL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: crime C-, employment D+, schools D-.
• 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 falling (-4.7%/yr); 2460 active listings in the ZIP; 19 comparable units currently listed for rent nearby; rentals leasing fast (median 5d on market — plan ~1-2 weeks tenant-placement turnaround); 15,411 units permitted in Lee County in 2024 (4,686 in 5+ unit buildings).

Forward outlook

• In year one you build about $29k of equity ($2k loan paydown + $27k appreciation (10.0% local appreciation)).
• Lee County population projected at +44% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$46k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 153 days — a 12% lower offer ($238k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 2y ago; this cycle's ask has dropped $15k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $12k; list at $270k implies a 2248% 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 6→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $171,851 (36.4% 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 153 days. Have you received any prior offers? Is the seller open to a 36% 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 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?
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: 0.64% ✗
• Cap rate: 4.03%
• Cash-on-cash: -8.07%
• DSCR: 0.64
• GRM: 13.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

10.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 17.9%
• Equity multiple: 2.45×
• Total profit: $109,666
• Equity at exit: $243,237

10-year hold

• IRR: 16.2%
• Equity multiple: 5.49×
• Total profit: $339,439
• Equity at exit: $524,551

Cash invested: $75,600 (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 33974

• Home prices YoY: 5.8%
• Rents YoY: -4.7%
• Active inventory: 2460
• Price-to-rent: 13.1×

Monthly cashflow live

• Estimated rent: $1,719 high
• Mortgage (P&I): −$1,416
• Tax est. 1.5%: −$338 /mo · $4,050/yr
• Insurance: −$112
• HOA: −$0
• Vacancy / Maint / Mgmt: −$361
• Net cashflow: $-508

Break-even live

Break-even rent $2,362

Max offer price $196,450

Occupancy floor —

Sensitivity live

Price	-10% $-322	-5% $-415	+0% $-508	+5% $-602	+10% $-695
Rent	-10% $-644	-5% $-576	+0% $-508	+5% $-440	+10% $-373
Rate	-1.0pp $-372	-0.5pp $-440	base $-508	+0.5pp $-578	+1.0pp $-649

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: $67,500
• Closing costs: $8,100
• Reserves months: —
• Total cash needed: —

Rent comps 19 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1150 Rahway St Lehigh Acres, FL	2.0	2.0	833	$1,450	$1.74	4d	1	1.10mi
321 Dania St Lehigh Acres, FL	2.0	2.0	915	$1,800	$1.97	25d	1	1.12mi
333 Bell Blvd S Lehigh Acres, FL	3.0	2.0	1114	$1,300	$1.17	4d	1	1.19mi
198 Joel Blvd #6 Lehigh Acres, FL	2.0	2.0	1036	$1,200	$1.16	4d	1	1.19mi
1125 Chipley St Unit 1 Lehigh Acres, FL	2.0	1.0	950	$1,350	$1.42	4d	1	1.21mi
444 Genoa Ave S Lehigh Acres, FL	4.0	2.0	1389	$1,750	$1.26	22d	1	1.22mi
333 Joel Blvd Lehigh Acres, FL	2.0	1.0–2.0	877	$1,048	$1.19	17d	2	1.22mi
350 Limerick Ave S Lehigh Acres, FL	3.0	2.0	1199	$1,800	$1.50	4d	1	1.24mi
718 Sunrise Blvd Lehigh Acres, FL	3.0	2.0	1100	$1,610	$1.46	25d	1	1.24mi
343 Joel Blvd #111 Lehigh Acres, FL	2.0	2.0	921	$900	$0.98	25d	1	1.24mi
322 Edward Ave Lehigh Acres, FL	2.0	2.0	1347	$1,400	$1.04	4d	1	1.26mi
346 Bell Blvd S Lehigh Acres, FL	3.0	2.0	1185	$1,495	$1.26	4d	1	1.27mi
346 Bell Blvd S Lehigh Acres, FL	3.0	2.0	1185	$1,495	$1.26	16d	1	1.27mi
382 McArthur Blvd Lehigh Acres, FL	3.0	2.0	1055	$2,200	$2.09	25d	1	1.32mi
759 Cane St E Lehigh Acres, FL	3.0	2.0	1169	$1,950	$1.67	4d	1	1.36mi
201 Fireside Ct Lehigh Acres, FL	2.0	2.0	1370	$1,550	$1.13	4d	1	1.37mi
201 Fireside Ct Unit N/A Lehigh Acres, FL	2.0	2.0	1370	$1,675	$1.22	4d	1	1.38mi
388 Bell Blvd S Lehigh Acres, FL	3.0	2.0	1200	$1,780	$1.48	25d	1	1.39mi
2201 E 5th St #23 Lehigh Acres, FL	2.0	2.0	1011	$1,300	$1.29	4d	1	1.45mi

Listing history 20 events

1. 2026-06-17
   days on market $270,000 Active 153 DOM
2. 2026-06-16
   days on market $270,000 Active 152 DOM
3. 2026-06-15
   days on market $270,000 Active 151 DOM
4. 2026-06-13
   days on market $270,000 Active 149 DOM
5. 2026-06-10
   days on market $270,000 Active 146 DOM
6. 2026-06-09
   days on market $270,000 Active 145 DOM
7. 2026-06-07
   days on market $270,000 Active 143 DOM
8. 2026-06-02
   days on market $270,000 Active 138 DOM
9. 2026-06-01
   days on market $270,000 Active 137 DOM
10. 2026-06-01
    days on market $270,000 Active 136 DOM
11. 2026-03-09
    price $270,000
12. 2026-01-15
    listed $285,000 Active
13. 2024-11-13
    soldstatus $11,500
14. 2024-11-12
    soldstatus $11,500 Closed 1493-char remark

    Show marketing remark (1493 chars)

    SAY YES TO THE ADRESS!!! Welcome to 134 Bremen Ave S, a prime vacant lot in the picturesque Lehigh Acres! Boasting a generous land size of 11,522 square feet (0.265 acres), this property presents an incredible opportunity to bring your dream home to life. The zoning code RS-1 designates this parcel for residential use, providing the perfect canvas for constructing your ideal living space. Situated in a tranquil neighborhood, the county use description of RESIDENTIAL-VACANT" ensures a peaceful and residential setting for your future home. Imagine the possibilities as you envision a custom-built residence perfectly tailored to your preferences. The expansive lot offers endless possibilities for creating a distinctive home surrounded by nature. With ample space for landscaping and outdoor amenities, you can design your private oasis. Whether you envision a sprawling estate, a charming cottage, or a modern masterpiece, this vacant lot provides the foundation for realizing your dreams. Lehigh Acres is known for its serene atmosphere and proximity to essential amenities. Embrace the opportunity to live in a community that combines the tranquility of suburban living with the convenience of nearby schools, shopping centers, and recreational areas. Don't miss out on the chance to build your dream home in this coveted location. Seize the potential and transform this vacant lot into your imagined haven. Explore the endless possibilities and make this address your dream home.

15. 2024-10-21
    status Pending 1493-char remark

    Show marketing remark (1493 chars)

    SAY YES TO THE ADRESS!!! Welcome to 134 Bremen Ave S, a prime vacant lot in the picturesque Lehigh Acres! Boasting a generous land size of 11,522 square feet (0.265 acres), this property presents an incredible opportunity to bring your dream home to life. The zoning code RS-1 designates this parcel for residential use, providing the perfect canvas for constructing your ideal living space. Situated in a tranquil neighborhood, the county use description of RESIDENTIAL-VACANT" ensures a peaceful and residential setting for your future home. Imagine the possibilities as you envision a custom-built residence perfectly tailored to your preferences. The expansive lot offers endless possibilities for creating a distinctive home surrounded by nature. With ample space for landscaping and outdoor amenities, you can design your private oasis. Whether you envision a sprawling estate, a charming cottage, or a modern masterpiece, this vacant lot provides the foundation for realizing your dreams. Lehigh Acres is known for its serene atmosphere and proximity to essential amenities. Embrace the opportunity to live in a community that combines the tranquility of suburban living with the convenience of nearby schools, shopping centers, and recreational areas. Don't miss out on the chance to build your dream home in this coveted location. Seize the potential and transform this vacant lot into your imagined haven. Explore the endless possibilities and make this address your dream home.

16. 2024-10-15
    listed $20,999 Active 1493-char remark

    Show marketing remark (1493 chars)

    SAY YES TO THE ADRESS!!! Welcome to 134 Bremen Ave S, a prime vacant lot in the picturesque Lehigh Acres! Boasting a generous land size of 11,522 square feet (0.265 acres), this property presents an incredible opportunity to bring your dream home to life. The zoning code RS-1 designates this parcel for residential use, providing the perfect canvas for constructing your ideal living space. Situated in a tranquil neighborhood, the county use description of RESIDENTIAL-VACANT" ensures a peaceful and residential setting for your future home. Imagine the possibilities as you envision a custom-built residence perfectly tailored to your preferences. The expansive lot offers endless possibilities for creating a distinctive home surrounded by nature. With ample space for landscaping and outdoor amenities, you can design your private oasis. Whether you envision a sprawling estate, a charming cottage, or a modern masterpiece, this vacant lot provides the foundation for realizing your dreams. Lehigh Acres is known for its serene atmosphere and proximity to essential amenities. Embrace the opportunity to live in a community that combines the tranquility of suburban living with the convenience of nearby schools, shopping centers, and recreational areas. Don't miss out on the chance to build your dream home in this coveted location. Seize the potential and transform this vacant lot into your imagined haven. Explore the endless possibilities and make this address your dream home.

17. 2024-09-27
    historical
18. 2024-08-19
    listed $20,999 Active
19. 2012-03-19
    soldstatus $10,900
20. 2009-08-12
    soldstatus $864,800

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 9/10 Extreme 6 d/yr ≥108°F today · 24 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 · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,622
• − Mortgage interest: −$15,124
• − Property taxes: −$4,050
• − Insurance: −$1,350
• − Repairs & maintenance: −$1,650
• − Management: −$1,650
• − Depreciation: −$7,855
• Taxable loss: −$11,056
• Est. tax savings @ 24.0%: +$2,653
• After-tax cash flow: $-3,446/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 — Lehigh Acres

• Score: 59/100
• State rank: #826
• US rank: #20055

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lehigh Acres, FL
• County: Lee County · 788,662 people
• City population: 130,638
• Metro: Cape Coral-Fort Myers, FL
• Population (ZIP): 19,927
• Household income: $72,192
• Rent vs Own: 27.3% rent · 72.7% own
• Severe rent burden: 434.0

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: Diverse neighborhood (Simpson 0.64)
• Race & ethnicity: Hispanic / Latino 52% Two or more races 31% White 26% Black 18%
• Hispanic origin (detail): Mexican 12% Puerto Rican 7% Cuban 20% Dominican 4%
• Common ancestry: Hispanic 7% Italian 1% Portuguese 1%
• Foreign-born: 32% · Canada, Jamaica
• Languages at home: 48% English-only · Spanish 43% French/Haitian/Cajun 7% 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: ▲ 16.53%
• Current HPI: 303.3399
• Rent YoY: ▼ -4.68%
• 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
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

-68.8% since first listed

10 events — show timeline

• 2026-03-09 Price Changed $270,000 NAPLESMLS
• 2026-01-15 Listed $285,000 NAPLESMLS
• 2024-11-13 Sold (Public Records) $11,500 Public Records
• 2024-11-12 Sold (MLS) $11,500 FORTMLS
• 2024-10-21 Pending — FORTMLS
• 2024-10-15 Listed $20,999 FORTMLS
• 2024-09-27 Listing Removed — FORTMLS
• 2024-08-19 Listed $20,999 FORTMLS
• 2012-03-19 Sold (Public Records) $10,900 Public Records
• 2009-08-12 Sold (Public Records) $864,800 Public Records

Property tax history

+18.0%/yr

Latest (2025): $447 · +25.3% YoY. Source: county tax records.