28125 Canasta Ct #2223 · Bonita Springs, FL
Flood risk 4/10 · Minor
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.16%
- 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 107°F)
- 1 days/yr
- Hot days in 30 yrs
- 5 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 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).
- Cash flow +11.7/30.0
- ARV discount +7.5/15.0
- 1% rule +5.5/10.0
- Schools +4.1/10.0
- Livability +3.5/5.0
- DSCR +3.4/10.0
- Condition / age +2.5/5.0
- Rent growth +2.3/5.0
- Appreciation +0.0/10.0
$439,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Beautiful beyond description! This 3 bed, 2 bath home has been completely redone. You open the door to a stunning white Carrara marble stairway that leads up and through a spacious family room area with new Luxury Vinyl flooring, Plantation shutters, and through the dining room into the new kitchen. The kitchen has new stainless steel appliances, white shaker cabinets with fantasy blue leathered quartz countertop, and full backsplash. Beyond the kitchen is a built-in Wine Bar with white shaker cabinets and quartz counters. Master bath is also redone with custom subway tile, new ceramic tile floor, double bowl gray shaker cabinets with white quartz counters. The bedrooms all have new carpeting and a television in each room. The guest bath is redone with ceramic tile flooring, double bowl sinks, and white Carrara marble counters. The home has all new contemporary light fixtures. This is a one owner home with AC replaced 2018, new hot water heater 2023. The Spanish Wells community is a great location, being very close to beaches, dining, shopping and all that Southwest Florida has to offer. The Community has many amenities including a updated Clubhouse with restaurant and bar, Resident owned 27 hole golf course, Bocce, Tennis & Pickleball courts and Fitness Center.
Key facts
- Walk-in shower
- Built-in wine bar
- $855 HOA
Tags
Property features AI
Finance
- HOA & community: Mandatory HOA (Condo management); Monthly HOA fee: $855; One-time fee: $299; Total annual recurring fees: $10,260; Total one-time fees: $5,099; HOA maintenance covers cable, insurance, internet/Wi-Fi, irrigation water, lawn/land maintenance, legal/accounting, master association fee, and exterior pest control; Community amenities include clubhouse, community pool and spa, exercise room, golf course (public), bocce court, pickleball, tennis courts, putting green, restaurant, and streetlighting; Underground utilities; Private membership options; Gated golf-course community
Exterior
- Parking: Attached 1-car garage; 2+ parking spaces available; Guest parking
- Security: Gated community; Guard at gate
- Utilities: Central water; Central sewer; Cable available
- Home design: Residential low-rise (1-3 stories); Carriage/coach style building; Rear exposure facing east; Built in 2004; Located in the Spanish Wells development
- Construction: Concrete block construction
- Exterior features: Stucco exterior; Tile roof; Single-hung windows; Manual storm shutters; Screened balcony; Landscaped and wooded views; Central irrigation
Interior
- Kitchen: Island; Breakfast bar and eat-in kitchen; Electric cooktop; Dishwasher; Disposal; Microwave; Refrigerator/Freezer
- Bedrooms: 3 bedrooms; Split bedrooms layout
- Flooring: Carpet; Tile; Vinyl
- Bathrooms: 2 full bathrooms; Master bath with dual sinks and shower (no tub)
- Heating & cooling: Central electric heat; Central electric cooling
- Interior features: High-speed internet available; Pantry; Vaulted ceiling; Wet bar; Split floor plan
- Laundry & utility: Washer and dryer in residence; Laundry room in unit
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath condo listed at $439k.
Deal economics
- At list price, monthly cash flow is $-127 ($-2k/yr) — negative.
- To cash-flow at today's rent, offer at most $417k (5.1% below list).
- Meets the 1% rule at list price ($5k rent vs $439k).
- Recommended offer: $413k (6.0% below list) — sets the bar for market timing.
- Cap rate 5.9% 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.
- 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.
- Zoned schools: Pinewoods Elementary School (math 81% / reading 74%, grade A, #163 of 2,144 statewide, top 8%, 1,089 students, 25% FRL); Lexington Middle School (math 55% / reading 54%, grade B-, #183 of 571 statewide, top 34%, 1,138 students, 44% FRL); South Fort Myers High School (math 23% / reading 30%, grade F, #489 of 667 statewide, top 74%, 1,917 students, 50% FRL) — zoned schools average 39% FRL vs 57% district-wide (18 pts lower); this property's tenant base skews higher-income than the district average.
- Market conditions: Rents soft (-0.6%/yr); 843 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 15,411 units permitted in Lee County in 2024 (4,686 in 5+ unit buildings).
- At $4,631/mo this rent would consume 61% of the median local household income ($91k/yr) (locally 976% 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.
- Lee County population projected at +44% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 73 days — a 6% lower offer ($413k) is reasonable based on typical stale-listing flexibility.
- 5 sale attempts since 17y 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 1→5/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- 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?
- It's been on market 73 days. Have you received any prior offers? Is the seller open to a 6% 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.
- 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?
- 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
- 1.05% ✓
- Cap rate
- 5.95%
- Cash-on-cash
- -1.24%
- DSCR
- 0.94
- GRM
- 7.9
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 0.0% rent growth · sell at horizon
- IRR
- -22.5%
- Equity multiple
- 0.25×
- Total profit
- $-92,272
- Equity at exit
- $65,456
- IRR
- -31.0%
- Equity multiple
- -0.15×
- Total profit
- $-141,062
- 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
ZIP-level market 34135
- Rents YoY
- -0.6%
- Active inventory
- 843
- Price-to-rent
- 7.9×
Monthly cashflow live
- Estimated rent
- $4,631 high interval (Pro) →
- Mortgage (P&I)
- −$2,302
- Tax from tax record
- −$446 /mo · $5,347/yr
- Insurance
- −$183
- HOA
- −$855
- Vacancy / Maint / Mgmt
- −$973
- Net cashflow
- $-127
Break-even live
Sensitivity live
| Price | -10% $121 | -5% $-3 | +0% $-127 | +5% $-251 | +10% $-376 |
|---|---|---|---|---|---|
| Rent | -10% $-493 | -5% $-310 | +0% $-127 | +5% $56 | +10% $239 |
| Rate | -1.0pp $94 | -0.5pp $-15 | base $-127 | +0.5pp $-241 | +1.0pp $-357 |
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
- —
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 |
|---|---|---|---|---|---|---|---|---|
| 28151 Dovewood Ct Bonita Springs, FL | 1.0–3.0 | 1.0–2.0 | 1233 | $2,245 | $1.82 | 5d | 15 | 0.13mi |
| 9871 Citadel Ln #208 Bonita Springs, FL | 2.0 | 2.0 | 1151 | $3,000 | $2.61 | 25d | 1 | 0.19mi |
| 28251 Lisbon Ct #3412 Bonita Springs, FL | 2.0 | 2.0 | 1637 | $5,500 | $3.36 | 25d | 1 | 0.24mi |
| 9601 Spanish Moss Way #3613 Bonita Springs, FL | 2.0 | 2.0 | 1504 | $4,850 | $3.22 | 25d | 1 | 0.26mi |
| 9977 Treasure Cay Ln Bonita Springs, FL | 3.0 | 2.0 | 2039 | $8,500 | $4.17 | 25d | 1 | 0.31mi |
| 9621 Spanish Moss Way Bonita Springs, FL | 2.0 | 2.0 | 1504 | $5,125 | $3.41 | 25d | 2 | 0.32mi |
| 27841 Wisconsin St Bonita Springs, FL | 3.0 | 2.0 | 1164 | $3,500 | $3.01 | 25d | 1 | 0.33mi |
| 9940 Treasure Cay Ln Bonita Springs, FL | 3.0 | 2.0 | 2108 | $8,500 | $4.03 | 25d | 1 | 0.35mi |
| 9631 Spanish Moss Way #3922 Bonita Springs, FL | 2.0 | 2.0 | 1504 | $6,000 | $3.99 | 5d | 1 | 0.36mi |
| 9651 Spanish Moss Way #4121 Bonita Springs, FL | 3.0 | 2.0 | 1857 | $4,800 | $2.58 | 25d | 1 | 0.36mi |
| 9834 Kentucky St Bonita Springs, FL | 3.0 | 2.0 | 1332 | $3,450 | $2.59 | 25d | 1 | 0.39mi |
| 28119 Tamberine Ct #1412 Bonita Springs, FL | 3.0 | 2.0 | 1593 | $5,800 | $3.64 | 25d | 1 | 0.39mi |
| 27640 Michigan St Bonita Springs, FL | 3.0 | 2.0 | 1510 | $8,995 | $5.96 | 25d | 1 | 0.41mi |
| 27655 Tennessee St Bonita Springs, FL | 3.0 | 2.0 | 1900 | $3,000 | $1.58 | 25d | 1 | 0.42mi |
| 27655 Tennessee St #657 Bonita Springs, FL | 3.0 | 2.0 | 1916 | $3,000 | $1.57 | 5d | 1 | 0.42mi |
| 10004 Connecticut St Bonita Springs, FL | 3.0 | 2.0 | 1420 | $3,100 | $2.18 | 25d | 1 | 0.43mi |
| 27911 Hacienda East Blvd Unit 217B Bonita Springs, FL | 2.0 | 2.0 | 1500 | $2,100 | $1.40 | 5d | 1 | 0.46mi |
| 28387 Las Palmas Cir Bonita Springs, FL | 2.0 | 2.0 | 1705 | $6,200 | $3.64 | 25d | 1 | 0.47mi |
| 9908 White Sands Pl Bonita Springs, FL | 3.0 | 2.0 | 1827 | $7,500 | $4.11 | 25d | 1 | 0.50mi |
| 27791 Hacienda East Blvd Unit 222D Bonita Springs, FL | 2.0 | 2.5 | 1528 | $4,200 | $2.75 | 25d | 1 | 0.51mi |
| 27681 Hacienda East Blvd Bonita Springs, FL | 2.0 | 2.5 | 1675 | $3,000 | $1.79 | 25d | 1 | 0.59mi |
| 27750 Hacienda East Blvd Unit 208B Bonita Springs, FL | 2.0 | 2.5 | 1528 | $3,800 | $2.49 | 25d | 1 | 0.60mi |
| 28460 Highgate Dr Bonita Springs, FL | 2.0 | 2.0 | 1871 | $10,500 | $5.61 | 25d | 1 | 0.62mi |
| 27581 Hacienda East Blvd Unit 1256822P Bonita Springs, FL | 2.0 | 2.5 | 1808 | $3,133 | $1.73 | 21d | 1 | 0.67mi |
| 28105 Mandolin Ct #213 Bonita Springs, FL | 3.0 | 2.0 | 1500 | $2,600 | $1.73 | 25d | 1 | 0.68mi |
| 27439 Pollard Dr Bonita Springs, FL | 3.0 | 2.0 | 1552 | $9,500 | $6.12 | 25d | 1 | 0.72mi |
| 27414 Pollard Dr Unit 1073493P Bonita Springs, FL | 3.0 | 2.0 | 1593 | $5,065 | $3.18 | 5d | 1 | 0.75mi |
| 10671 Hampton St Bonita Springs, FL | 4.0 | 2.0 | 1500 | $3,400 | $2.27 | 21d | 1 | 0.82mi |
| 9851 Costa Mesa Ln Unit 1546344P Bonita Springs, FL | 2.0 | 2.0 | 1194 | $1,935 | $1.62 | 18d | 1 | 0.83mi |
| 27501 Playa del Rey Ln #503 Bonita Springs, FL | 2.0 | 1.0 | 1120 | $1,875 | $1.67 | 25d | 1 | 0.84mi |
| 9855 Costa Mesa Ln #403 Bonita Springs, FL | 2.0 | 2.0 | 1146 | $1,600 | $1.40 | 25d | 1 | 0.86mi |
| 9050 Palmas Grandes Blvd #101 Bonita Springs, FL | 2.0 | 2.0 | 1200 | $2,000 | $1.67 | 25d | 1 | 0.88mi |
| 28052 Palmas Grandes Ln #101 Bonita Springs, FL | 2.0 | 2.0 | 1500 | $7,200 | $4.80 | 25d | 1 | 0.88mi |
| 27180 Williams Rd Bonita Springs, FL | 3.0 | 2.0 | 2044 | $10,000 | $4.89 | 25d | 1 | 0.90mi |
| 9111 Las Maderas Dr #102 Bonita Springs, FL | 2.0 | 2.0 | 1624 | $7,500 | $4.62 | 25d | 1 | 0.91mi |
| 27526 Los Amigos Ln Unit 1073491P Bonita Springs, FL | 3.0 | 2.0 | 1657 | $5,283 | $3.19 | 4d | 1 | 0.92mi |
| 28261 Pine Haven Way Bonita Springs, FL | 2.0 | 2.0 | 1068 | $1,795 | $1.68 | 25d | 1 | 0.93mi |
| 8990 Palmas Grandes Blvd #201 Bonita Springs, FL | 2.0 | 2.0 | 1797 | $5,000 | $2.78 | 25d | 1 | 0.96mi |
| 27130 Flamingo Dr Bonita Springs, FL | 3.0 | 2.0 | 1781 | $8,500 | $4.77 | 25d | 1 | 0.97mi |
| 8981 Palmas Grandes Blvd #102 Bonita Springs, FL | 2.0 | 2.0 | 1791 | $7,500 | $4.19 | 25d | 1 | 0.97mi |
HOA detail condo
- Monthly dues
- $855 · $10,260/yr
- Likely covers
- watergym
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 14 events
-
2026-06-01days on market $439,000 Active 73 DOM
-
2026-06-01days on market $439,000 Active 72 DOM
-
2026-05-05price $439,000
-
2026-03-20$449,000 Active
-
2023-08-02soldstatus $455,000 Sold 1289-char remark
Show marketing remark (1289 chars)
Beautiful beyond description! This 3 bed, 2 bath home has been completely redone. You open the door to a stunning white Carrara marble stairway that leads up and through a spacious family room area with new Luxury Vinyl flooring, Plantation shutters, and through the dining room into the new kitchen. The kitchen has new stainless steel appliances, white shaker cabinets with fantasy blue leathered quartz countertop, and full backsplash. Beyond the kitchen is a built-in Wine Bar with white shaker cabinets and quartz counters. Master bath is also redone with custom subway tile, new ceramic tile floor, double bowl gray shaker cabinets with white quartz counters. The bedrooms all have new carpeting and a television in each room. The guest bath is redone with ceramic tile flooring, double bowl sinks, and white Carrara marble counters. The home has all new contemporary light fixtures. This is a one owner home with AC replaced 2018, new hot water heater 2023. The Spanish Wells community is a great location, being very close to beaches, dining, shopping and all that Southwest Florida has to offer. The Community has many amenities including a updated Clubhouse with restaurant and bar, Resident owned 27 hole golf course, Bocce, Tennis & Pickleball courts and Fitness Center.
-
2023-08-02soldstatus $455,000
Show marketing remark (1289 chars)
Beautiful beyond description! This 3 bed, 2 bath home has been completely redone. You open the door to a stunning white Carrara marble stairway that leads up and through a spacious family room area with new Luxury Vinyl flooring, Plantation shutters, and through the dining room into the new kitchen. The kitchen has new stainless steel appliances, white shaker cabinets with fantasy blue leathered quartz countertop, and full backsplash. Beyond the kitchen is a built-in Wine Bar with white shaker cabinets and quartz counters. Master bath is also redone with custom subway tile, new ceramic tile floor, double bowl gray shaker cabinets with white quartz counters. The bedrooms all have new carpeting and a television in each room. The guest bath is redone with ceramic tile flooring, double bowl sinks, and white Carrara marble counters. The home has all new contemporary light fixtures. This is a one owner home with AC replaced 2018, new hot water heater 2023. The Spanish Wells community is a great location, being very close to beaches, dining, shopping and all that Southwest Florida has to offer. The Community has many amenities including a updated Clubhouse with restaurant and bar, Resident owned 27 hole golf course, Bocce, Tennis & Pickleball courts and Fitness Center.
-
2023-06-26status Pending With Contingencies 1289-char remark
Show marketing remark (1289 chars)
Beautiful beyond description! This 3 bed, 2 bath home has been completely redone. You open the door to a stunning white Carrara marble stairway that leads up and through a spacious family room area with new Luxury Vinyl flooring, Plantation shutters, and through the dining room into the new kitchen. The kitchen has new stainless steel appliances, white shaker cabinets with fantasy blue leathered quartz countertop, and full backsplash. Beyond the kitchen is a built-in Wine Bar with white shaker cabinets and quartz counters. Master bath is also redone with custom subway tile, new ceramic tile floor, double bowl gray shaker cabinets with white quartz counters. The bedrooms all have new carpeting and a television in each room. The guest bath is redone with ceramic tile flooring, double bowl sinks, and white Carrara marble counters. The home has all new contemporary light fixtures. This is a one owner home with AC replaced 2018, new hot water heater 2023. The Spanish Wells community is a great location, being very close to beaches, dining, shopping and all that Southwest Florida has to offer. The Community has many amenities including a updated Clubhouse with restaurant and bar, Resident owned 27 hole golf course, Bocce, Tennis & Pickleball courts and Fitness Center.
-
2023-05-09$489,000 Active 1289-char remark
Show marketing remark (1289 chars)
Beautiful beyond description! This 3 bed, 2 bath home has been completely redone. You open the door to a stunning white Carrara marble stairway that leads up and through a spacious family room area with new Luxury Vinyl flooring, Plantation shutters, and through the dining room into the new kitchen. The kitchen has new stainless steel appliances, white shaker cabinets with fantasy blue leathered quartz countertop, and full backsplash. Beyond the kitchen is a built-in Wine Bar with white shaker cabinets and quartz counters. Master bath is also redone with custom subway tile, new ceramic tile floor, double bowl gray shaker cabinets with white quartz counters. The bedrooms all have new carpeting and a television in each room. The guest bath is redone with ceramic tile flooring, double bowl sinks, and white Carrara marble counters. The home has all new contemporary light fixtures. This is a one owner home with AC replaced 2018, new hot water heater 2023. The Spanish Wells community is a great location, being very close to beaches, dining, shopping and all that Southwest Florida has to offer. The Community has many amenities including a updated Clubhouse with restaurant and bar, Resident owned 27 hole golf course, Bocce, Tennis & Pickleball courts and Fitness Center.
-
2016-03-05historical
-
2015-12-07price $229,900
-
2015-06-19$239,000 Active
-
2012-07-05$205,000
-
2009-08-23historical
-
2009-07-30$239,500
ⓘ 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
- $5,347 · $446/mo
- Projected year-2 tax
- $5,347 · $446/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 4/10 Moderate FEMA zone X (unshaded) · 16% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 9/10 Extreme 1 d/yr ≥107°F today · 5 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
- $55,572
- − Mortgage interest
- −$24,591
- − Property taxes
- −$5,347
- − Insurance
- −$2,195
- − Repairs & maintenance
- −$4,446
- − Management
- −$4,446
- − HOA
- −$10,260
- − Depreciation
- −$12,771
- Taxable loss
- −$8,482
- Est. tax savings @ 24.0%
- +$2,036
- After-tax cash flow
- $510/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 — Bonita Springs
- Score
- 70/100
- State rank
- #428
- US rank
- #7576
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Bonita Springs, FL
- County
- Lee County · 788,662 people
- City population
- 64,727
- Metro
- Cape Coral-Fort Myers, FL
- Population (ZIP)
- 48,252
- Household income
- $91,380
- Rent vs Own
- Severe rent burden
- 976.0
Population outlook (Lee County) Hauer SSP2
- Today (2025)
- 871,946 people
- By 2030
- 955,468 · +9.6%
- By 2040
- 1,113,587 · +27.7%
- By 2050
- 1,256,891 · +44.1%
- By 2075
- 1,560,270 · +78.9%
- By 2100
- 1,726,848 · +98.0%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (69%)
- Race & ethnicity
- White 69% Hispanic / Latino 26% Two or more races 13% Native American 3% Black 2%
- Hispanic origin (detail)
- Mexican 8% Puerto Rican 4% Cuban 3%
- Common ancestry
- Romanian 5% Lithuanian 2% Slovak 2%
- Foreign-born
- 22% · Canada, Jamaica
- Languages at home
- 74% English-only · Spanish 21% French/Haitian/Cajun 1% Russian/Polish/Slavic 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
- ▼ -188.86%
- Current HPI
- 243.4153
- Rent YoY
- ▼ -0.61%
- 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
+83.3% since first listed12 events — show timeline
- 2026-05-05 Price Changed $439,000 NAPLESMLS
- 2026-03-20 Listed $449,000 NAPLESMLS
- 2023-08-02 Sold (Public Records) $455,000 Public Records
- 2023-08-02 Sold (MLS) $455,000 BEARMLS
- 2023-06-26 Pending — BEARMLS
- 2023-05-09 Listed $489,000 BEARMLS
- 2016-03-05 Listing Removed — NAPLESMLS
- 2015-12-07 Price Changed $229,900 NAPLESMLS
- 2015-06-19 Listed $239,000 NAPLESMLS
- 2012-07-05 Listed $205,000 NAPLESMLS
- 2009-08-23 Listing Removed — FORTMLS
- 2009-07-30 Listed $239,500 FORTMLS
Property tax history
+6.3%/yrLatest (2025): $5,347 · +10.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…