28700 Trails Edge Blvd #204 · Bonita Springs, FL
Flood risk 5/10 · Moderate
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.5%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 2/10 · Minimal
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 10/10 · Severe
- Hot days now (above 107°F)
- 7 days/yr
- Hot days in 30 yrs
- 30 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 B+ 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 +30.0/30.0
- ARV discount +14.7/15.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Schools +5.0/10.0
- Livability +3.5/5.0
- Rent growth +3.2/5.0
- Condition / age +2.2/5.0
- Appreciation +0.0/10.0
$310,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
From the West facing covered & screened balcony enjoy beautiful sunsets over the preserve area while sipping on your favorite beverage. This gorgeous 3 bedroom, 2 bathroom condo is located in South Bonita Springs west of US41. It has a very spacious layout with a large kitchen featuring granite countertops, wood cabinets & newer top of the line LG appliances. This rarely available condo comes turnkey, with many small kitchen appliances, a tv, bedding, towels, decoration, tools & more. The master suite has lanai access with his and hers walk in closets and a giant vanity with dual sinks. All windows and sliding doors come with hurricane impact glass. No damage at all from hurricane Ian. The Carlysle at Woods Edge offers a heated community pool, a BBQ area and a bike & jogging path on the lake. Your car stays safe & dry at the assigned parking spot under the building. Two elevators ensure easy access. Not only the HOA fees are very reasonable they include cable, internet, water & sewer, insurance & exterior pest control. Bordering North Naples & just West of US 41, this prime location is close to world class beaches, dining, shopping, downtown Naples & the RSW International Airport!
Key facts
- Dual walk in closets
- Spacious kitchen
- Formal dining area
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath condo listed at $310k. Condition is rated fair.
Deal economics
- At list price, monthly cash flow is $2k ($23k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($6k rent vs $310k).
- Recommended offer: $273k (12.0% below list) — sets the bar for market timing.
- Cap rate 13.7% vs local median 2.2% 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 rising (+2.9%/yr); 806 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 119d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 70% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 15,411 units permitted in Lee County in 2024 (4,686 in 5+ unit buildings).
- At $5,746/mo this rent would consume 53% of the median local household income ($131k/yr) — 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 $2k of loan paydown is wiped out by about $9k 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.
- At projected returns (-3.0% appreciation + 2.9% rent growth), your $87k cash investment doubles in ~5 years — after that, you're playing with house money.
Negotiation context
- It's been on market 141 days — a 12% lower offer ($273k) is reasonable based on typical stale-listing flexibility.
- 9 sale attempts since 8y ago; this cycle's ask has dropped $20k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Climate carrying-cost: moderate flood risk; 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.
Questions for the listing agent
- It's been on market 141 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.85% ✓
- Cap rate
- 13.68%
- Cash-on-cash
- 26.40%
- DSCR
- 2.17
- GRM
- 4.5
CMA / ARV
- ARV (median comp)
- $369,026
- List price
- $310,000
- Delta
- -16.00%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 290 Naples Cove Dr #2501 | 1.28mi | 3/2.0 | 1,475 (-3%) | 1mo | $350,000 | $237 | 60 |
| 9010 Palmas Grandes Blvd #101 | 0.73mi | 2/2.0 (-1) | 1,500 (-1%) | 1mo | $349,000 | $233 | 58 |
| 9621 Spanish Moss Way #3833 | 1.40mi | 2/2.0 (-1) | 1,504 (-1%) | 0mo | $280,000 | $186 | 58 |
| 1290 Sweetwater Cv #5101 | 0.39mi | 3/2.0 | 1,186 (-22%) | 0mo | $275,000 | $232 | 57 |
| 28622 Starboard Passage Way #201 | 0.72mi | 2/2.0 (-1) | 1,478 (-3%) | 0mo | $330,000 | $223 | 57 |
| 303 Arbor Lake Dr Unit 3-102 | 1.46mi | 2/2.0 (-1) | 1,493 (-2%) | 1mo | $150,000 | $100 | 56 |
| 832 Carrick Bend Cir #202 | 1.38mi | 2/2.0 (-1) | 1,600 (+5%) | 1mo | $515,000 | $322 | 50 |
| 3999 Quails Walk | 1.19mi | 3/2.0 | 1,660 (+9%) | 0mo | $490,000 | $295 | 49 |
| 14607 Glen Eden Dr | 1.28mi | 3/2.0 | 1,730 (+14%) | 0mo | $653,000 | $377 | 41 |
| 9820 Citadel Ln #106 | 1.38mi | 3/2.0 | 1,151 (-24%) | 1mo | $297,000 | $258 | 39 |
| 526 Lake Louise Cir #402 | 1.10mi | 3/2.0 | 1,871 (+23%) | 1mo | $460,000 | $246 | 39 |
| 28750 Bermuda Bay Way #104 | 0.70mi | 2/2.0 (-1) | 1,175 (-23%) | 1mo | $215,000 | $183 | 37 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 2.85% rent growth · sell at horizon
- IRR
- 20.1%
- Equity multiple
- 1.82×
- Total profit
- $70,902
- Equity at exit
- $46,222
- IRR
- 28.3%
- Equity multiple
- 3.49×
- Total profit
- $216,365
- Equity at exit
- $26,803
Cash invested: $86,800 (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
Active competition Active MLS
- For sale now
- 5 active · 2 under contract
- Median asking
- $339,000 ($245/sqft)
- Median days on market
- 312 d
- This list price
- 40% of active listings are priced below it
- ARV vs active asking
- -0.8% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 34134
- Rents YoY
- 2.9%
- Active inventory
- 806
- Price-to-rent
- 4.5×
Monthly cashflow live
- Estimated rent
- $5,746 high interval (Pro) →
- Mortgage (P&I)
- −$1,626
- Tax from tax record
- −$328 /mo · $3,935/yr
- Insurance
- −$129
- HOA
- −$547
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$1,207
- Net cashflow
- $1,909
Break-even live
Sensitivity live
| Price | -10% $2,085 | -5% $1,997 | +0% $1,909 | +5% $1,822 | +10% $1,734 |
|---|---|---|---|---|---|
| Rent | -10% $1,456 | -5% $1,683 | +0% $1,909 | +5% $2,136 | +10% $2,363 |
| Rate | -1.0pp $2,066 | -0.5pp $1,988 | base $1,909 | +0.5pp $1,829 | +1.0pp $1,747 |
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
- $77,500
- Closing costs
- $9,300
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- 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 |
|---|---|---|---|---|---|---|---|---|
| 28700 Trails Edge Blvd Bonita Springs, FL | 3.0 | 2.0 | 1398 | $2,000 | $1.43 | 9d | 1 | 0.03mi |
| 28750 Trails Edge Blvd Bonita Springs, FL | 3.0 | 2.0 | 1520 | $6,250 | $4.11 | 65d | 1 | 0.03mi |
| 28611 Carriage Home Dr #101 Bonita Springs, FL | 2.0 | 2.0 | 1433 | $2,550 | $1.78 | 119d | 1 | 0.17mi |
| 28861 Bermuda Lago Ct #303 Bonita Springs, FL | 2.0 | 2.0 | 1223 | $1,900 | $1.55 | 63d | 1 | 0.17mi |
| 28861 Bermuda Lago Ct #303 Bonita Springs, FL | 2.0 | 2.0 | 1223 | $1,900 | $1.55 | 62d | 1 | 0.17mi |
| 28650 Carriage Home Dr Unit 1049692P Bonita Springs, FL | 3.0 | 2.0 | 1528 | $4,632 | $3.03 | 7d | 1 | 0.19mi |
| 1345 Sweetwater Cv Naples, FL | 2.0 | 2.0 | 1279 | $4,800 | $3.75 | 6d | 1 | 0.25mi |
| 1345 Sweetwater Cv #203 Naples, FL | 2.0 | 2.0 | 1279 | $4,800 | $3.75 | 119d | 1 | 0.26mi |
| 28790 Versol Dr Bonita Springs, FL | 3.0 | 1.0–2.0 | 1075 | $3,406 | $3.17 | 3d | 19 | 0.26mi |
| 1340 Sweetwater Cv #103 Naples, FL | 2.0 | 2.0 | 1279 | $5,000 | $3.91 | 119d | 1 | 0.26mi |
| 28452 Del Lago Way Bonita Springs, FL | 4.0 | 3.0 | 2201 | $7,700 | $3.50 | 119d | 1 | 0.28mi |
| 1325 Sweetwater Cv #201 Naples, FL | 3.0 | 2.0 | 1381 | $6,000 | $4.34 | 119d | 1 | 0.30mi |
| 1415 Sweetwater Cv #104 Naples, FL | 3.0 | 2.0 | 1381 | $6,500 | $4.71 | 119d | 1 | 0.31mi |
| 1415 Sweetwater Cv #104 Naples, FL | 3.0 | 2.0 | 1381 | $5,500 | $3.98 | 6d | 1 | 0.31mi |
| 1360 Sweetwater Cv #202 Naples, FL | 2.0 | 2.0 | 1279 | $5,500 | $4.30 | 119d | 1 | 0.32mi |
| 1360 Sweetwater Cv #202 Naples, FL | 2.0 | 2.0 | 1300 | $1,870 | $1.44 | 6d | 1 | 0.32mi |
| 1420 Sweetwater Cv #102 Naples, FL | 2.0 | 2.0 | 1279 | $5,000 | $3.91 | 119d | 1 | 0.32mi |
| 1420 Sweetwater Cv #102 Naples, FL | 2.0 | 2.0 | 1279 | $5,000 | $3.91 | 116d | 1 | 0.32mi |
| 1405 Sweetwater Cv #204 Naples, FL | 3.0 | 2.0 | 1381 | $6,000 | $4.34 | 109d | 1 | 0.33mi |
| 1405 Sweetwater Cv #204 Naples, FL | 3.0 | 2.0 | 1381 | $6,000 | $4.34 | 119d | 1 | 0.33mi |
| 28327 Hidden Lake Dr Bonita Springs, FL | 3.0 | 2.0 | 1567 | $8,950 | $5.71 | 119d | 1 | 0.33mi |
| 28070 Winthrop Cir Bonita Springs, FL | 3.0 | 3.0 | 2008 | $12,000 | $5.98 | 119d | 1 | 0.34mi |
| 1390 Sweetwater Cv #203 Naples, FL | 2.0 | 2.0 | 1279 | $2,200 | $1.72 | 109d | 1 | 0.37mi |
| 1295 Sweetwater Cv #8201 Naples, FL | 2.0 | 2.0 | 1193 | $2,400 | $2.01 | 6d | 1 | 0.37mi |
| 28211 Winthrop Cir Bonita Springs, FL | 3.0 | 2.0 | 1918 | $10,500 | $5.47 | 119d | 1 | 0.37mi |
| 1285 Sweetwater Cv #2106 Naples, FL | 2.0 | 2.0 | 1378 | $5,500 | $3.99 | 6d | 1 | 0.40mi |
| 1150 Sweetwater Ln #1207 Naples, FL | 2.0 | 2.0 | 1703 | $6,500 | $3.82 | 6d | 1 | 0.44mi |
| 1117 Sweetwater Ln #2201 Naples, FL | 2.0 | 2.0 | 1193 | $6,500 | $5.45 | 119d | 1 | 0.44mi |
| 1117 Sweetwater Ln #2102 Naples, FL | 2.0 | 2.0 | 1054 | $2,300 | $2.18 | 6d | 1 | 0.44mi |
| 1214 Sweetwater Ln #2306 Naples, FL | 2.0 | 2.0 | 1378 | $6,500 | $4.72 | 119d | 1 | 0.49mi |
| 1230 Sweetwater Ln #2208 Naples, FL | 3.0 | 2.0 | 1829 | $5,500 | $3.01 | 6d | 1 | 0.51mi |
| 1230 Sweetwater Ln #2208 Naples, FL | 3.0 | 2.0 | 1829 | $5,250 | $2.87 | 2d | 1 | 0.51mi |
| 28450 Winthrop Cir Unit 1546014P Bonita Springs, FL | 3.0 | 2.0 | 1894 | $7,804 | $4.12 | 109d | 1 | 0.54mi |
| 9021 Las Maderas Dr #202 Bonita Springs, FL | 2.0 | 2.0 | 1674 | $7,500 | $4.48 | 119d | 1 | 0.59mi |
| 1250 Silverstrand Dr Naples, FL | 3.0 | 2.0 | 1848 | $5,000 | $2.71 | 119d | 1 | 0.59mi |
| 28712 Carmel Way Bonita Springs, FL | 3.0 | 2.5 | 1626 | $9,250 | $5.69 | 119d | 1 | 0.60mi |
| 9030 Las Maderas Dr #101 Bonita Springs, FL | 2.0 | 2.0 | 1432 | $2,500 | $1.75 | 119d | 1 | 0.62mi |
| 9050 Las Maderas Dr #101 Bonita Springs, FL | 2.0 | 2.0 | 1364 | $2,100 | $1.54 | 119d | 1 | 0.64mi |
| 9111 Las Maderas Dr #102 Bonita Springs, FL | 2.0 | 2.0 | 1624 | $7,500 | $4.62 | 119d | 1 | 0.64mi |
| 3620 Bailes St Bonita Springs, FL | 3.0 | 3.0 | 1992 | $12,000 | $6.02 | 119d | 1 | 0.65mi |
Property features AI
Finance
- Other
- Part of The Carlysle sub-condo2 units per floor; 30 units in building; 60 units in complex; 4 total floors
- Financial info
- Total annual recurring HOA fees: $6,560Total one-time HOA fees: $150
- HOA & community
- Mandatory HOAQuarterly HOA feeHOA covers cable, insurance, internet/Wi-Fi, irrigation water, lawn/land maintenance, legal/accounting, management, master association fee, exterior pest control, recreation facilities, street lights, trash removal, and waterProfessional managementCommunity amenities include BBQ/picnic area, bike and jog path, and community poolNon-gated community
Exterior
- Parking
- 1 assigned parking spaceGuest parking availableAttached garage (1 car)
- Utilities
- Central waterCentral sewerCable available
- Home design
- Residential propertyMid-rise building (4–7 stories)Rear exposure to the westBuilt in 2007Development: Woods Edge
- Construction
- Concrete block constructionStucco finish
- Exterior features
- Stucco exteriorBuilt-up or flat roofDouble-hung windowsImpact-resistant windowsImpact-resistant doorsScreened lanai/porchZero lot linePreserve viewCentral irrigation
Interior
- Kitchen
- PantryDishwasherMicrowaveRangeRefrigerator/Freezer
- Bedrooms
- 3 bedroomsSplit bedroom floor plan
- Flooring
- CarpetTile
- Bathrooms
- 2 full bathroomsMaster bath with dual sinks and shower (no tub)
- Heating & cooling
- Central electric heatCentral electric air conditioning
- Interior features
- Cable prewireFire sprinkler systemFoyerHigh-speed internet availablePantrySmoke detectorsWalk-in closetWindow coveringsFurnished unfurnished (unit is unfurnished)Common elevator
- Laundry & utility
- Washer and dryer in unitLaundry in residence
HOA detail $547/mo · $6,564/yr condo
- Likely covers
- watersewerinternetcablepoolparking
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-09-23days on market $310,000 Active 141 DOM
-
2026-09-22days on market $310,000 Active 140 DOM
-
2026-09-21days on market $310,000 Active 139 DOM
-
2026-09-18days on market $310,000 Active 136 DOM
-
2026-09-17days on market $310,000 Active 135 DOM
-
2026-09-16days on market $310,000 Active 134 DOM
-
2026-09-14days on market $310,000 Active 132 DOM
-
2026-09-13days on market $310,000 Active 131 DOM
-
2026-09-12days on market $310,000 Active 130 DOM
-
2026-09-11days on market $310,000 Active 129 DOM
-
2026-09-05days on market $310,000 Active 123 DOM
-
2026-09-04days on market $310,000 Active 122 DOM
-
2026-09-03days on market $310,000 Active 121 DOM
-
2026-08-31days on market $310,000 Active 118 DOM
-
2026-08-28days on market $310,000 Active 115 DOM
-
2026-08-26days on market $310,000 Active 113 DOM
-
2026-08-25days on market $310,000 Active 112 DOM
-
2026-08-24days on market $310,000 Active 111 DOM
-
2026-08-23days on market $310,000 Active 110 DOM
-
2026-08-22days on market $310,000 Active 109 DOM
-
2026-08-21days on market $310,000 Active 108 DOM
-
2026-08-20days on market $310,000 Active 107 DOM
-
2026-08-19days on market $310,000 Active 106 DOM
-
2026-08-18days on market $310,000 Active 105 DOM
-
2026-08-16days on market $310,000 Active 103 DOM
-
2026-08-15days on market $310,000 Active 102 DOM
-
2026-08-13days on market $310,000 Active 100 DOM
-
2026-08-12days on market $310,000 Active 99 DOM
-
2026-08-11days on market $310,000 Active 98 DOM
-
2026-08-10days on market $310,000 Active 97 DOM
-
2026-08-09days on market $310,000 Active 96 DOM
-
2026-08-08days on market $310,000 Active 95 DOM
-
2026-08-07days on market $310,000 Active 94 DOM
-
2026-08-06days on market $310,000 Active 93 DOM
-
2026-08-05days on market $310,000 Active 92 DOM
-
2026-08-04pricedays on market $310,000 Active 91 DOM
-
2026-06-01days on market $330,000 Active 90 DOM
-
2026-06-01days on market $330,000 Active 89 DOM
-
2026-03-02$330,000 Active
-
2026-02-28historical
-
2026-01-04price $350,000
-
2025-11-14price $394,000
-
2025-09-16price $396,000
-
2025-07-02price $399,000
-
2025-06-17price $423,000
-
2025-05-30price $428,000
-
2025-04-25price $429,500
-
2025-04-15$434,500 Active
-
2025-02-13historical $3,000
-
2025-02-12$3,000
ⓘ 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
- $3,935 · $328/mo
- Projected year-2 tax
- $3,935 · $328/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 5/10 Major FEMA zone X (shaded) · 50% chance over 30 yrs
- Wildfire 2/10 Low
- Heat 10/10 Extreme 7 d/yr ≥107°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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
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Taxation est. · year 1
- Rental income
- $68,950
- − Mortgage interest
- −$17,365
- − Property taxes
- −$3,935
- − Insurance
- −$1,550
- − Repairs & maintenance
- −$5,516
- − Management
- −$5,516
- − HOA
- −$6,564
- − Depreciation
- −$9,018
- Taxable income
- $19,486
- Est. tax owed @ 24.0%
- −$4,677
- After-tax cash flow
- $18,237/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.
Condition & rehab AI · 9 photos
This 3-bedroom, 2-bath condo requires moderate repairs and maintenance, with some wear on the siding and interior walls. Upgrading the interior paint and flooring can significantly increase its value.
Components & finishes AI
Repairs flagged
- Moderate Siding — Some wear visible on the siding.
Value-add opportunities
- Resale Paint the interior walls — Updating the interior paint can significantly improve the home's curb appeal and value. ↑
- Both Replace the flooring — Replacing the tile flooring with a more modern material can enhance both the resale and rental value. ↑
ⓘ Rehab cost is a screening estimate — Moderate scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
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 · 871,946 people
- City population
- 64,727
- Metro
- Cape Coral-Fort Myers, FL
- Population (ZIP)
- 16,475
- Household income
- $130,719
- Rent vs Own
- Severe rent burden
- 6% of renters
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 (91%)
- Race & ethnicity
- White 91% Hispanic / Latino 5% Two or more races 3% Asian 1%
- Common ancestry
- Slovak 5% Romanian 4% Serbian 2%
- Foreign-born
- 10% · Canada, Jamaica
- Languages at home
- 91% English-only · Spanish 4% German/W. Germanic 1% 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
- ▼ -236.48%
- Current HPI
- 237.4416
- Rent YoY
- ▲ 2.85%
- 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 |
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| Insurance | 2 | $17B |
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| Retail | 1 | $60B |
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| Technology Distribution | 1 | $58B |
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| Homebuilding | 1 | $35B |
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| Technology Manufacturing | 1 | $35B |
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Price history
-92.2% since first listed35 events — show timeline
- 2026-03-02 Listed $330,000 NAPLESMLS
- 2026-02-28 Listing Removed — NAPLESMLS
- 2026-01-04 Price Changed $350,000 NAPLESMLS
- 2025-11-14 Price Changed $394,000 NAPLESMLS
- 2025-09-16 Price Changed $396,000 NAPLESMLS
- 2025-07-02 Price Changed $399,000 NAPLESMLS
- 2025-06-17 Price Changed $423,000 NAPLESMLS
- 2025-05-30 Price Changed $428,000 NAPLESMLS
- 2025-04-25 Price Changed $429,500 NAPLESMLS
- 2025-04-15 Listed $434,500 NAPLESMLS
- 2025-02-13 Rental Removed $3,000 NAPLESMLS
- 2025-02-12 Listed for Rent $3,000 NAPLESMLS
- 2025-01-24 Rental Removed $4,200 NAPLESMLS
- 2025-01-24 Listed for Rent $4,200 NAPLESMLS
- 2025-01-16 Rental Removed $4,400 NAPLESMLS
- 2025-01-15 Listed for Rent $4,400 NAPLESMLS
- 2024-12-18 Rental Removed $4,500 NAPLESMLS
- 2024-12-18 Listed for Rent $4,500 NAPLESMLS
- 2023-05-09 Sold (Public Records) $360,000 Public Records
- 2023-05-05 Sold (MLS) $360,000 FORTMLS
- 2023-04-14 Pending — FORTMLS
- 2023-02-27 Price Changed $374,900 FORTMLS
- 2023-01-19 Listed $399,000 FORTMLS
- 2018-09-28 Sold (Public Records) $218,000 Public Records
- 2018-09-27 Sold (MLS) $218,000 NAPLESMLS
- 2018-09-25 Pending — NAPLESMLS
- 2018-09-13 Price Changed $225,000 NAPLESMLS
- 2018-07-30 Listed $228,000 NAPLESMLS
- 2018-07-29 Listing Removed — NAPLESMLS
- 2018-05-19 Price Changed $228,000 NAPLESMLS
- 2018-04-18 Price Changed $234,900 NAPLESMLS
- 2018-03-26 Price Changed $239,000 NAPLESMLS
- 2018-03-12 Price Changed $244,000 NAPLESMLS
- 2018-02-02 Listed $249,000 NAPLESMLS
- 2010-05-28 Sold (Public Records) $4,223,100 Public Records
Property tax history
+7.9%/yrLatest (2025): $3,935 · -1.7% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…