557 102nd Ave N · Naples Park, FL 34108

$835,000

3 bd · 2.0 ba · 1,608 sqft · SingleFamily public records · 440 Days on market

Built 1999 6,534 sqft lot

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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 +19.9/30.0
• ARV discount +7.5/15.0
• DSCR +6.3/10.0
• Schools +5.0/10.0
• 1% rule +4.7/10.0
• Rent growth +4.7/5.0
• Livability +3.2/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

H3502 - Most of all the criteria people search for in a Naples Park property can be found with this 2000 LaGrasta-built custom home. NEW ROOF September 2021, new paint inside and out including the garage floor, and new HVAC 2020. The open floor plan and volume ceilings create a warm and inviting space and all the windows and sliding doors allow in the gorgeous Florida sunshine. There is room for a pool/spa and play area. This location West of US41 and in the 500 block makes a great place to call home. For the investor-minded buyer, you could not ask for a better rental property at this price and location so close to the Gulf. Walk-bike to the beaches, shops, restaurants, Delnor-Wiggings State Park, and so much more. With so few homes to choose from, don’t let this one get away!

Key facts

• Turnkey investment
• Prime location
• 6,534 sq ft lot

Tags

• PRIME LOCATION
• TURNKEY INVESTMENT

Property features AI

Finance

• Financial info: Pets allowed
• HOA & community: No association fee listed; Non-gated community

Exterior

• Parking: Attached garage with 1 garage space; Attached carport with 1 carport space; Driveway parking; Paved parking; Garage door opener; 2 covered parking spaces total
• Utilities: Public water; Public sewer; Cable available
• Home design: Single-story home; Faces south; Exposures to the north; Block, concrete and stucco construction; Shingle roof
• Construction: Built with block, concrete and stucco
• Exterior features: Patio; Lanai; Screened porch; Porch; Room for pool; Fruit trees; Paved road access; Rectangular lot; Irrigation from municipal source; Property condition: resale

Interior

• Kitchen: Dishwasher; Microwave; Refrigerator; Freezer; Eat-in kitchen
• Bedrooms: Master bedroom (main level); Additional bedrooms on main level
• Flooring: Tile flooring
• Bathrooms: 2 full bathrooms; Separate shower (no tub listed)
• Heating & cooling: Central heating (electric); Central air conditioning (electric); Ceiling fans
• Interior features: Entrance foyer; Eat-in kitchen; Family/dining room; Living/dining room; Main level primary; Split bedroom layout; Separate shower (shower only); Bedroom on main level; Unfurnished; Single-hung and sliding windows
• Laundry & utility: Washer and dryer inside

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $835k.

Deal economics

• At list price, monthly cash flow is $1k ($12k/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 $811k (2.8% below list).
• Recommended offer: $735k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 64/100 on livability (#696 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A-, employment B+; Watch: health & safety D, schools F, 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.
• Market conditions: Rents rising fast (+8.7%/yr); 679 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); high-income renter base; 3,520 units permitted in Collier County in 2024 (959 in 5+ unit buildings).
• At $8,113/mo this rent would consume 82% of the median local household income ($119k/yr) (locally 237% 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 $6k of loan paydown is wiped out by about $25k 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.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $234k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 440 days — a 12% lower offer ($735k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 5y ago; this cycle's ask has dropped $265k (24%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→32/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $734,800 (12.0% below list)

Questions for the listing agent

1. It's been on market 440 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. 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.
6. 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.
7. 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: 0.97% ✗
• Cap rate: 7.75%
• Cash-on-cash: 5.19%
• DSCR: 1.23
• GRM: 8.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: -3.1%
• Equity multiple: 0.88×
• Total profit: $-28,129
• Equity at exit: $124,501

10-year hold

• IRR: 11.3%
• Equity multiple: 2.08×
• Total profit: $253,158
• Equity at exit: $72,196

Cash invested: $233,800 (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 34108

• Rents YoY: 8.7%
• Active inventory: 679
• Price-to-rent: 8.6×

Monthly cashflow live

• Estimated rent: $8,113 high
• Mortgage (P&I): −$4,379
• Tax from tax record: −$671 /mo · $8,058/yr
• Insurance: −$348
• HOA: −$0
• Vacancy / Maint / Mgmt: −$1,704
• Net cashflow: $1,011

Break-even live

Break-even rent $6,833

Max offer price $835,000

Occupancy floor 83%

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: $208,750
• Closing costs: $25,050
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
532 103rd Ave N Naples, FL	3.0	2.0	1326	$8,000	$6.03	23d	1	0.06mi
521 102nd Ave N Naples, FL	3.0	2.0	1432	$5,000	$3.49	14d	1	0.09mi
523 103rd Ave N Naples, FL	4.0	2.5	1974	$5,200	$2.63	23d	1	0.09mi
575 101st Ave N Naples, FL	4.0	2.0	1800	$12,500	$6.94	23d	1	0.10mi
552 105th Ave N Naples, FL	3.0	2.0	1614	$7,500	$4.65	23d	1	0.12mi
572 105th Ave N Naples, FL	3.0	2.0	1485	$9,250	$6.23	23d	1	0.12mi
604 102nd Ave N Naples, FL	3.0	2.0	1197	$3,150	$2.63	14d	1	0.14mi
637 103rd Ave N Naples, FL	3.0	2.0	1669	$3,100	$1.86	23d	1	0.20mi
645 103rd Ave N Unit 1534775P Naples, FL	4.0	2.0	1840	$8,513	$4.63	21d	1	0.21mi
598 100th Ave N Naples, FL	3.0	2.0	2018	$5,884	$2.92	23d	1	0.21mi
630 105th Ave N Naples, FL	4.0	2.0	2119	$3,950	$1.86	23d	1	0.21mi
510 106th Ave N Unit 1387169P Naples, FL	4.0	2.0	1646	$7,553	$4.59	14d	1	0.22mi
612 106th Ave N Unit 1073496P Naples, FL	3.0	2.0	1550	$6,772	$4.37	14d	1	0.22mi
593 106th Ave N Naples, FL	3.0	2.0	1800	$9,000	$5.00	23d	1	0.23mi
517 98th Ave N Naples, FL	3.0	2.0	1350	$4,750	$3.52	23d	1	0.29mi
670 101st Ave N Naples, FL	4.0	3.0	2208	$15,000	$6.79	23d	1	0.30mi
530 108th Ave N Naples, FL	3.0	2.0	1350	$15,000	$11.11	23d	1	0.31mi
671 100th Ave N Naples, FL	3.0	2.0	1164	$5,500	$4.73	23d	1	0.32mi
660 100th Ave N Unit 1404250P Naples, FL	3.0	2.0	1571	$6,068	$3.86	14d	1	0.32mi
691 102nd Ave N Naples, FL	3.0	2.0	1311	$7,000	$5.34	23d	1	0.32mi
625 107th Ave N Unit 1534807P Naples, FL	4.0	2.5	2012	$8,779	$4.36	23d	1	0.32mi
663 106th Ave N Unit 1504161P Naples, FL	3.0	2.0	1539	$7,887	$5.12	14d	1	0.33mi
470 Lagoon Ave Naples, FL	3.0	3.0	2038	$10,000	$4.91	14d	1	0.34mi
551 97th Ave N Naples, FL	4.0	3.0	2090	$20,000	$9.57	14d	1	0.35mi
693 105th Ave N Naples, FL	4.0	3.0	2014	$10,500	$5.21	23d	1	0.36mi
564 109th Ave N Naples, FL	2.0	2.0	1080	$16,000	$14.81	23d	1	0.37mi
692 106th Ave N Unit 1387168P Naples, FL	3.0	3.0	1356	$6,573	$4.85	14d	1	0.37mi
343 Conners Ave Naples, FL	3.0	2.0	2014	$22,000	$10.92	23d	1	0.38mi
552 97th Ave N Naples, FL	3.0	2.0	1612	$3,890	$2.41	23d	1	0.38mi
669 107th Ave N Unit 1504183P Naples, FL	3.0	2.0	1614	$3,571	$2.21	23d	1	0.38mi
707 104th Ave N Naples, FL	3.0	2.0	1745	$14,500	$8.31	23d	1	0.38mi
690 100th Ave N Naples, FL	3.0	2.0	1800	$12,500	$6.94	23d	1	0.38mi
625 97th Ave N Naples, FL	3.0	2.0	1496	$3,800	$2.54	23d	1	0.39mi
673 107th Ave N Naples, FL	3.0	2.0	1428	$3,850	$2.70	23d	1	0.39mi
455 Bayside Ave Naples, FL	3.0	3.0	2150	$5,500	$2.56	23d	1	0.39mi
715 102nd Ave N Unit 1504167P Naples, FL	3.0	3.0	1991	$7,661	$3.85	14d	1	0.39mi
714 105th Ave N Naples, FL	3.0	2.0	1491	$4,150	$2.78	23d	1	0.41mi
685 107th Ave N Unit 1504184P Naples, FL	4.0	3.0	2238	$8,819	$3.94	21d	1	0.41mi
698 107th Ave N Naples, FL	4.0	3.0	1487	$3,800	$2.56	23d	1	0.41mi
513 96th Ave N Naples, FL	3.0	2.0	1770	$15,000	$8.47	23d	1	0.41mi

Listing history 24 events

1. 2026-06-02
   days on market $835,000 Active 440 DOM
2. 2026-06-01
   days on market $835,000 Active 439 DOM
3. 2026-05-31
   days on market $835,000 Active 438 DOM
4. 2026-05-30
   days on market $835,000 Active 437 DOM
5. 2026-04-16
   price $835,000
6. 2025-12-29
   price $850,000
7. 2025-07-18
   price $875,000
8. 2025-06-24
   status Active
9. 2025-06-24
   price $899,000
10. 2025-04-28
    historical
11. 2025-04-15
    price $999,000
12. 2025-02-18
    price $1,050,000
13. 2025-01-21
    listed $1,100,000 Active
14. 2021-12-09
    soldstatus $846,000
15. 2021-11-30
    soldstatus $846,000 Sold 795-char remark

    Show marketing remark (795 chars)

    H3502 - Most of all the criteria people search for in a Naples Park property can be found with this 2000 LaGrasta-built custom home. NEW ROOF September 2021, new paint inside and out including the garage floor, and new HVAC 2020. The open floor plan and volume ceilings create a warm and inviting space and all the windows and sliding doors allow in the gorgeous Florida sunshine. There is room for a pool/spa and play area. This location West of US41 and in the 500 block makes a great place to call home. For the investor-minded buyer, you could not ask for a better rental property at this price and location so close to the Gulf. Walk-bike to the beaches, shops, restaurants, Delnor-Wiggings State Park, and so much more. With so few homes to choose from, don’t let this one get away!

16. 2021-11-02
    status Pending With Contingencies 795-char remark

    Show marketing remark (795 chars)

    H3502 - Most of all the criteria people search for in a Naples Park property can be found with this 2000 LaGrasta-built custom home. NEW ROOF September 2021, new paint inside and out including the garage floor, and new HVAC 2020. The open floor plan and volume ceilings create a warm and inviting space and all the windows and sliding doors allow in the gorgeous Florida sunshine. There is room for a pool/spa and play area. This location West of US41 and in the 500 block makes a great place to call home. For the investor-minded buyer, you could not ask for a better rental property at this price and location so close to the Gulf. Walk-bike to the beaches, shops, restaurants, Delnor-Wiggings State Park, and so much more. With so few homes to choose from, don’t let this one get away!

17. 2021-10-25
    listed $850,000 Active 795-char remark

    Show marketing remark (795 chars)

    H3502 - Most of all the criteria people search for in a Naples Park property can be found with this 2000 LaGrasta-built custom home. NEW ROOF September 2021, new paint inside and out including the garage floor, and new HVAC 2020. The open floor plan and volume ceilings create a warm and inviting space and all the windows and sliding doors allow in the gorgeous Florida sunshine. There is room for a pool/spa and play area. This location West of US41 and in the 500 block makes a great place to call home. For the investor-minded buyer, you could not ask for a better rental property at this price and location so close to the Gulf. Walk-bike to the beaches, shops, restaurants, Delnor-Wiggings State Park, and so much more. With so few homes to choose from, don’t let this one get away!

18. 2021-06-08
    price $825,000
19. 2021-06-04
    price $779,000
20. 2021-06-02
    price $700,000
21. 2021-06-01
    price $790
22. 2021-05-31
    price $879,000
23. 1999-07-07
    soldstatus $164,500
24. 1998-07-01
    soldstatus $39,900

ⓘ 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: $8,058 · $671/mo
• Projected year-2 tax: $8,058 · $671/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 6/10 Major FEMA zone X (shaded) · 67% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 32 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: $97,359
• − Mortgage interest: −$46,773
• − Property taxes: −$8,058
• − Insurance: −$4,175
• − Repairs & maintenance: −$7,789
• − Management: −$7,789
• − Depreciation: −$24,291
• Taxable loss: −$1,515
• Est. tax savings @ 24.0%: +$364
• After-tax cash flow: $12,499/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 — Naples Park

• Score: 64/100
• State rank: #696
• US rank: #14564

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Naples Park, FL
• County: Collier County · 396,295 people
• Metro: Naples-Marco Island, FL
• Population (ZIP): 16,237
• Household income: $119,212
• Rent vs Own: 14.0% rent · 86.0% own
• Severe rent burden: 237.0

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 (87%)
• Race & ethnicity: White 87% Hispanic / Latino 8% Two or more races 7% Asian 1% Black 1%
• Hispanic origin (detail): Mexican 2% Cuban 3%
• Common ancestry: Romanian 5% Lithuanian 3% Slovak 3%
• Foreign-born: 16% · Canada, Dominican Republic, South Korea
• Languages at home: 86% English-only · Spanish 6% Russian/Polish/Slavic 2% Other Indo-European 2%

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: ▼ -587.97%
• Current HPI: 275.1872
• Rent YoY: ▲ 8.74%
• 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

+1992.7% since first listed

20 events — show timeline

• 2026-04-16 Price Changed $835,000 FORTMLS
• 2025-12-29 Price Changed $850,000 FORTMLS
• 2025-07-18 Price Changed $875,000 FORTMLS
• 2025-06-24 Relisted — FORTMLS
• 2025-06-24 Price Changed $899,000 FORTMLS
• 2025-04-28 Listing Removed — FORTMLS
• 2025-04-15 Price Changed $999,000 FORTMLS
• 2025-02-18 Price Changed $1,050,000 FORTMLS
• 2025-01-21 Listed $1,100,000 FORTMLS
• 2021-12-09 Sold (Public Records) $846,000 Public Records
• 2021-11-30 Sold (MLS) $846,000 NAPLESMLS
• 2021-11-02 Pending — NAPLESMLS
• 2021-10-25 Listed $850,000 NAPLESMLS
• 2021-06-08 Price Changed $825,000 FSBO.com
• 2021-06-04 Price Changed $779,000 FSBO.com
• 2021-06-02 Price Changed $700,000 FSBO.com
• 2021-06-01 Price Changed $790 FSBO.com
• 2021-05-31 Price Changed $879,000 FSBO.com
• 1999-07-07 Sold (Public Records) $164,500 Public Records
• 1998-07-01 Sold (Public Records) $39,900 Public Records

Property tax history

+10.3%/yr

Latest (2025): $8,058 · -6.8% YoY. Source: county tax records.