134 Amble Dr · North Fort Myers, FL 33903

$79,900

1 bd · 1.0 ba · 410 sqft · Manufactured public records · 152 Days on market

Built 1984 2,047 sqft lot Est $62k · 30% over $230/mo HOA · 19% 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 +25.9/30.0
• 1% rule +10.0/10.0
• DSCR +8.7/10.0
• Schools +4.1/10.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Rent growth +2.0/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Make this cozy 1 bedroom, 1 1/2 bath your new home in Paradise. Home is located in the popular 55+ community of Fountainview North Fort Myers. Large lanai is great for entertaining. Home sits on very nice corner lot. Close to shopping, entertainment, beaches, and airports.

Key facts

• Community pool
• Large clubhouse
• Indoor laundry

Tags

• CORNER LOT
• FOUNTAINVIEW RV RESORT
• LARGE CLUBHOUSE
• COMMUNITY POOL
• HOME OFFICE
• INDOOR LAUNDRY

Property features AI

Finance

• Other: Pets allowed (call / conditional)
• HOA & community: Homeowners association with monthly fee of $230; Association covers management, legal/accounting, grounds maintenance, recreation facilities, reserve fund, road maintenance and trash; Community amenities include clubhouse, pool and billiards; Community has approximately 330 units; Senior community

Exterior

• Parking: On-site management (building features)
• Utilities: Public water; Public sewer; Cable available; High-speed internet available
• Home design: Manufactured home; Aluminum siding; Metal roof; Single-story; Entry at level 1; Faces west; Resale property
• Construction: Manufactured construction; Aluminum siding; Metal roof
• Exterior features: Community pool; Shutters (manual); Corner lot; Rectangular lot; East exposure

Interior

• Kitchen: Refrigerator; Range; Microwave; Eat-in kitchen
• Bedrooms: Den; Great Room
• Flooring: Vinyl flooring
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Central heating (electric); Central air conditioning (electric); Ceiling fans
• Interior features: Eat-in kitchen; French doors / atrium door; Tub with shower; Window treatments; Window coverings; Single-hung windows; Furnished
• Laundry & utility: Washer hookup inside; Dryer hookup inside; Washer; Dryer

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath manufactured listed at $80k.

Deal economics

• At list price, monthly cash flow is $198 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $80k).
• Recommended offer: $70k (12.0% below list) — sets the bar for market timing.
• Cap rate 9.3% vs local median 3.6% in North Fort Myers — 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 74/100 on livability (#269 in FL, #4,409 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment C-, amenities F, commute 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.
• Market conditions: Rents soft (-1.9%/yr); 472 active listings in the ZIP; 15,411 units permitted in Lee County in 2024 (4,686 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $552 of loan paydown is wiped out by about $2k 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 152 days — a 12% lower offer ($70k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 8y ago; this cycle's ask has dropped $10k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $48k; list at $80k implies a 66% 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; major wildfire risk; extreme-heat days projected 7→31/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $70,312 (12.0% below list)

Questions for the listing agent

1. It's been on market 152 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. 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. 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: 1.54% ✓
• Cap rate: 9.26%
• Cash-on-cash: 10.60%
• DSCR: 1.47
• GRM: 5.4

CMA / ARV

• ARV (on-the-fly): $61,500
• Comps found: 2

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
169 Vista Mar Dr	0.09mi	1/1.0	386 (-6%)	6mo	$30,000	$78	80
10 Fountain View Blvd	0.13mi	1/1.5	442 (+8%)	22mo	$66,500	$150	61

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -4.8%
• Equity multiple: 0.83×
• Total profit: $-3,822
• Equity at exit: $11,913

10-year hold

• IRR: -0.4%
• Equity multiple: 0.98×
• Total profit: $-461
• Equity at exit: $6,908

Cash invested: $22,372 (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 33903

• Rents YoY: -1.9%
• Active inventory: 472
• Price-to-rent: 5.4×

Monthly cashflow live

• Estimated rent: $1,234 medium
• Mortgage (P&I): −$419
• Tax from tax record: −$95 /mo · $1,139/yr
• Insurance: −$33
• HOA: −$230
• Vacancy / Maint / Mgmt: −$259
• Net cashflow: $198

Break-even live

Break-even rent $984

Max offer price $79,900

Occupancy floor 79%

Sensitivity live

Price	-10% $243	-5% $220	+0% $198	+5% $175	+10% $152
Rent	-10% $100	-5% $149	+0% $198	+5% $246	+10% $295
Rate	-1.0pp $238	-0.5pp $218	base $198	+0.5pp $177	+1.0pp $156

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: $19,975
• Closing costs: $2,397
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $230 · $2,760/yr

Listing history 22 events

1. 2026-06-17
   days on market $79,900 Active 152 DOM
2. 2026-06-16
   days on market $79,900 Active 151 DOM
3. 2026-06-15
   days on market $79,900 Active 150 DOM
4. 2026-06-13
   days on market $79,900 Active 148 DOM
5. 2026-06-10
   days on market $79,900 Active 145 DOM
6. 2026-06-09
   days on market $79,900 Active 144 DOM
7. 2026-06-07
   days on market $79,900 Active 142 DOM
8. 2026-06-02
   days on market $79,900 Active 137 DOM
9. 2026-06-01
   days on market $79,900 Active 136 DOM
10. 2026-06-01
    days on market $79,900 Active 135 DOM
11. 2026-04-27
    price $79,900
12. 2026-01-16
    listed $89,900 Active
13. 2019-08-02
    soldstatus $48,000
14. 2019-06-24
    soldstatus $48,000 Sold 273-char remark

    Show marketing remark (273 chars)

    Make this cozy 1 bedroom, 1 1/2 bath your new home in Paradise. Home is located in the popular 55+ community of Fountainview North Fort Myers. Large lanai is great for entertaining. Home sits on very nice corner lot. Close to shopping, entertainment, beaches, and airports.

15. 2019-05-02
    status Pending 273-char remark

    Show marketing remark (273 chars)

    Make this cozy 1 bedroom, 1 1/2 bath your new home in Paradise. Home is located in the popular 55+ community of Fountainview North Fort Myers. Large lanai is great for entertaining. Home sits on very nice corner lot. Close to shopping, entertainment, beaches, and airports.

16. 2018-12-18
    status Active 273-char remark

    Show marketing remark (273 chars)

    Make this cozy 1 bedroom, 1 1/2 bath your new home in Paradise. Home is located in the popular 55+ community of Fountainview North Fort Myers. Large lanai is great for entertaining. Home sits on very nice corner lot. Close to shopping, entertainment, beaches, and airports.

17. 2018-12-14
    historical 273-char remark

    Show marketing remark (273 chars)

    Make this cozy 1 bedroom, 1 1/2 bath your new home in Paradise. Home is located in the popular 55+ community of Fountainview North Fort Myers. Large lanai is great for entertaining. Home sits on very nice corner lot. Close to shopping, entertainment, beaches, and airports.

18. 2018-09-17
    status Active 273-char remark

    Show marketing remark (273 chars)

    Make this cozy 1 bedroom, 1 1/2 bath your new home in Paradise. Home is located in the popular 55+ community of Fountainview North Fort Myers. Large lanai is great for entertaining. Home sits on very nice corner lot. Close to shopping, entertainment, beaches, and airports.

19. 2018-08-30
    status Pending With Contingencies 273-char remark

    Show marketing remark (273 chars)

    Make this cozy 1 bedroom, 1 1/2 bath your new home in Paradise. Home is located in the popular 55+ community of Fountainview North Fort Myers. Large lanai is great for entertaining. Home sits on very nice corner lot. Close to shopping, entertainment, beaches, and airports.

20. 2018-08-22
    listed $54,900 Active 273-char remark

    Show marketing remark (273 chars)

    Make this cozy 1 bedroom, 1 1/2 bath your new home in Paradise. Home is located in the popular 55+ community of Fountainview North Fort Myers. Large lanai is great for entertaining. Home sits on very nice corner lot. Close to shopping, entertainment, beaches, and airports.

21. 1987-05-07
    soldstatus $16,400
22. 1987-05-01
    soldstatus $16,400

ⓘ 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: $1,139 · $95/mo
• Projected year-2 tax: $1,139 · $95/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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 6/10 Major
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 31 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: $14,807
• − Mortgage interest: −$4,476
• − Property taxes: −$1,139
• − Insurance: −$400
• − Repairs & maintenance: −$1,185
• − Management: −$1,185
• − HOA: −$2,760
• − Depreciation: −$2,324
• Taxable income: $1,339
• Est. tax owed @ 24.0%: −$321
• After-tax cash flow: $2,050/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 — North Fort Myers

• Score: 74/100
• State rank: #269
• US rank: #4409

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: North Fort Myers, FL
• County: Lee County · 788,662 people
• City population: 57,035
• Metro: Cape Coral-Fort Myers, FL
• Population (ZIP): 23,655
• Household income: $56,993
• Rent vs Own: 17.6% rent · 82.4% own
• Severe rent burden: 468.0

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 (81%)
• Race & ethnicity: White 81% Hispanic / Latino 14% Two or more races 8% Black 2%
• Hispanic origin (detail): Mexican 3% Puerto Rican 3% Cuban 3%
• Common ancestry: Lithuanian 4% Romanian 4% Italian 3%
• Foreign-born: 11% · Canada
• Languages at home: 88% English-only · Spanish 9% 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: ▼ -172.26%
• Current HPI: 256.773
• Rent YoY: ▼ -1.94%
• 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

+387.2% since first listed

12 events — show timeline

• 2026-04-27 Price Changed $79,900 FORTMLS
• 2026-01-16 Listed $89,900 FORTMLS
• 2019-08-02 Sold (Public Records) $48,000 Public Records
• 2019-06-24 Sold (MLS) $48,000 FORTMLS
• 2019-05-02 Pending — FORTMLS
• 2018-12-18 Relisted — FORTMLS
• 2018-12-14 Listing Removed — FORTMLS
• 2018-09-17 Relisted — FORTMLS
• 2018-08-30 Pending — FORTMLS
• 2018-08-22 Listed $54,900 FORTMLS
• 1987-05-07 Sold (Public Records) $16,400 Public Records
• 1987-05-01 Sold (Public Records) $16,400 Public Records

Property tax history

+8.3%/yr

Latest (2025): $1,139 · +16.8% YoY. Source: county tax records.