3404 34th St SW · Lehigh Acres, FL 33976

$320,000

3 bd · 2.0 ba · 1,412 sqft · SingleFamily public records · 32 Days on market

Built 2007 0.25 ac lot Est $282k · 13% over

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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
• Cash flow +8.2/30.0
• Schools +4.1/10.0
• Livability +3.0/5.0
• Condition / age +2.5/5.0
• DSCR +2.2/10.0
• Rent growth +2.1/5.0
• 1% rule +1.8/10.0
• ARV discount +1.5/15.0

Listing remarks MLS

This is one that you have to see. This 3 bedroom, 2 bathroom offers a open floor plan and is just perfect for entertaining. Home has tile throughout living area, granite counter tops and has a large screened patio. Home also offers indoor laundry. Master suite has his and hers sinks and large tiled shower. This home is a must see. Call for your private showing today.

Key facts

• Private oasis
• Backyard paradise
• Pool and spa

Tags

• PRIVATE OASIS
• NEW ROOF
• FULLY FENCED YARD
• BACKYARD PARADISE
• POOL AND SPA

Property features AI

Finance

• Financial info: Pets allowed
• HOA & community: Non-gated community; HOA covers road maintenance and trash (no association fee)

Exterior

• Parking: Attached garage; Garage door opener; 2 covered garage spaces (2-car garage)
• Security: Smoke detector(s)
• Utilities: Well water; Septic tank; Cable not available
• Home design: Single-story; Entry level: 0; Resale property; RS-1 zoning
• Construction: Built with block, concrete and stucco; Shingle roof
• Exterior features: Fence; In-ground private pool; Rectangular lot; Lot dimensions approximately 80 x 135 x 80 x 135; Property faces south; Exposed to the north

Interior

• Kitchen: Refrigerator; Range; Microwave; Dishwasher
• Flooring: Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning; Ceiling fan(s); Electric cooling
• Interior features: Dual sinks; Living/dining room; Pantry; Separate shower; Shower only; Split bedrooms; Single hung windows; Shutters; Unfurnished
• Laundry & utility: Washer hookup (inside); Dryer hookup (inside); Washer; Dryer

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $320k.

Deal economics

• At list price, monthly cash flow is $-301 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $267k (16.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $217k (32.3% below list).
• Recommended offer: $217k (32.3% 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+, 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: Veterans Park Academy For The Arts (math 41% / reading 45%, grade F, #1,366 of 2,144 statewide, top 64%, 2,133 students, 36% FRL); Oak Hammock Middle School (math 43% / reading 41%, grade D-, #340 of 571 statewide, top 61%, 1,563 students, 56% FRL); Lehigh Senior High School (math 23% / reading 45%, grade F, #394 of 667 statewide, top 60%, 2,476 students, 57% FRL).
• Market conditions: Rents soft (-1.5%/yr); 788 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 15,411 units permitted in Lee County in 2024 (4,686 in 5+ unit buildings).
• This rent runs 36% of the median local income ($73k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $34k of equity ($2k loan paydown + $32k 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 ~$55k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 32 days — a 3% lower offer ($310k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 11y ago; this cycle's ask has dropped $19k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $96k; list at $320k implies a 233% 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; moderate wildfire risk; extreme-heat days projected 7→29/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $216,569 (32.3% 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 32 days. Have you received any prior offers? Is the seller open to a 32% concession, seller financing, or rate buy-down credit?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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.
7. 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.
8. 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: 0.68% ✗
• Cap rate: 5.16%
• Cash-on-cash: -4.04%
• DSCR: 0.82
• GRM: 12.3

CMA / ARV

• ARV (on-the-fly): $282,400
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3414 34th St SW	0.08mi	3/2.0	1,400 (-1%)	13mo	$311,630	$223	84
3304 Vera Ave S	0.30mi	3/2.0	1,430 (+1%)	14mo	$305,000	$213	73
3510 32nd St SW	0.25mi	3/2.0	1,521 (+8%)	9mo	$280,000	$184	68
3704 33rd St SW	0.43mi	3/2.0	1,503 (+6%)	3mo	$285,000	$190	67
3717 40th St SW	0.66mi	3/2.0	1,487 (+5%)	0mo	$260,000	$175	60
3103 Vilma Ave S	0.43mi	3/2.0	1,512 (+7%)	10mo	$352,650	$233	60
3604 27th St SW	0.52mi	3/2.0	1,363 (-4%)	13mo	$272,000	$200	59
3024 35th St SW	0.68mi	3/2.0	1,389 (-2%)	11mo	$300,000	$216	57
3407 25th St SW	0.51mi	3/2.0	1,272 (-10%)	7mo	$230,000	$181	54
2905 Villa Ave S	0.47mi	3/2.0	1,289 (-9%)	12mo	$245,000	$190	53
3309 24th St SW	0.58mi	3/2.0	1,600 (+13%)	10mo	$375,000	$234	42
3104 42nd St SW	0.69mi	3/2.0	1,551 (+10%)	14mo	$295,000	$190	40

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

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

5-year hold

• IRR: 20.6%
• Equity multiple: 2.66×
• Total profit: $148,642
• Equity at exit: $288,281

10-year hold

• IRR: 18.2%
• Equity multiple: 5.93×
• Total profit: $441,285
• Equity at exit: $621,690

Cash invested: $89,600 (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 33976

• Home prices YoY: 6.8%
• Rents YoY: -1.5%
• Active inventory: 788
• Price-to-rent: 12.3×

Monthly cashflow live

• Estimated rent: $2,166 high
• Mortgage (P&I): −$1,678
• Tax from tax record: −$201 /mo · $2,411/yr
• Insurance: −$133
• HOA: −$0
• Vacancy / Maint / Mgmt: −$455
• Net cashflow: $-301

Break-even live

Break-even rent $2,547

Max offer price $266,741

Occupancy floor —

Sensitivity live

Price	-10% $-120	-5% $-211	+0% $-301	+5% $-392	+10% $-483
Rent	-10% $-473	-5% $-387	+0% $-301	+5% $-216	+10% $-130
Rate	-1.0pp $-140	-0.5pp $-220	base $-301	+0.5pp $-384	+1.0pp $-469

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: $80,000
• Closing costs: $9,600
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3313 36th St SW Lehigh Acres, FL	3.0	2.0	1723	$2,300	$1.33	25d	1	0.18mi
3604 29th St SW Lehigh Acres, FL	3.0	2.5	1776	$2,500	$1.41	25d	1	0.42mi
3201 29th St SW Lehigh Acres, FL	4.0	2.0	1833	$1,950	$1.06	5d	1	0.47mi
3201 28th St Lehigh Acres, FL	4.0	2.0	1389	$2,000	$1.44	5d	1	0.51mi
2904 Wanda Ave S Lehigh Acres, FL	3.0	2.0	1501	$1,900	$1.27	25d	1	0.53mi
3114 39th St SW Lehigh Acres, FL	3.0	2.0	1493	$2,100	$1.41	17d	1	0.55mi
3114 39th St SW Lehigh Acres, FL	3.0	2.0	1493	$2,100	$1.41	5d	1	0.55mi
3802 35th St SW Lehigh Acres, FL	3.0	2.0	1269	$1,640	$1.29	25d	1	0.56mi
2504 Vera Ave S Lehigh Acres, FL	3.0	3.0	1643	$2,400	$1.46	25d	1	0.59mi
3102 39th St SW Lehigh Acres, FL	3.0	2.0	1097	$1,630	$1.49	23d	1	0.63mi
3201 42nd St SW Lehigh Acres, FL	3.0	2.0	1571	$2,195	$1.40	5d	1	0.68mi
3201 42nd St SW Lehigh Acres, FL	3.0	2.0	1571	$2,195	$1.40	4d	1	0.68mi
3203 24th St SW Lehigh Acres, FL	3.0	2.0	1498	$2,300	$1.54	23d	1	0.69mi
3201 23rd St SW Lehigh Acres, FL	3.0	2.0	1324	$1,845	$1.39	23d	1	0.75mi
3012 40th St SW Lehigh Acres, FL	3.0	2.0	1427	$1,950	$1.37	25d	1	0.78mi
3209 21st St SW Lehigh Acres, FL	3.0	2.0	1418	$1,699	$1.20	4d	1	0.88mi
3001 37th St SW Lehigh Acres, FL	3.0	2.5	1235	$1,705	$1.38	25d	1	0.91mi
3008 25th St SW Lehigh Acres, FL	4.0	2.0	1565	$1,711	$1.09	23d	1	0.92mi
3202 21st St SW Lehigh Acres, FL	3.0	2.0	1100	$1,920	$1.75	4d	1	0.92mi
3600 19th St SW Lehigh Acres, FL	3.0	2.0	1114	$1,746	$1.57	5d	1	0.95mi
2916 42nd St SW Lehigh Acres, FL	3.0	2.0	1399	$1,930	$1.38	3d	1	0.95mi
2916 42nd St SW Lehigh Acres, FL	3.0	2.0	1399	$1,960	$1.40	5d	1	0.95mi
3008 23rd St SW Lehigh Acres, FL	3.0	2.0	1640	$2,350	$1.43	25d	1	1.02mi
4021 28th St SW Lehigh Acres, FL	3.0	2.0	1529	$1,800	$1.18	25d	1	1.04mi
4020 36th St SW Lehigh Acres, FL	3.0	2.0	1354	$2,050	$1.51	25d	1	1.04mi
2914 24th St SW Lehigh Acres, FL	3.0	2.0	1537	$2,250	$1.46	25d	1	1.05mi
4101 33rd St SW Lehigh Acres, FL	3.0	2.0	1698	$2,200	$1.30	16d	1	1.06mi
4702 Loraine Ave S Lehigh Acres, FL	3.0	2.0	1354	$2,000	$1.48	16d	1	1.09mi
4001 22nd St SW Lehigh Acres, FL	3.0	2.0	1055	$1,950	$1.85	4d	1	1.13mi
1511 Terry Ave S Lehigh Acres, FL	3.0	2.0	1579	$1,996	$1.26	25d	1	1.13mi
3714 17th St SW Lehigh Acres, FL	4.0	2.0	1833	$1,890	$1.03	25d	1	1.16mi
2811 25th St SW Unit NA Lehigh Acres, FL	3.0	2.0	1430	$1,990	$1.39	25d	1	1.16mi
1507 Paula Ave S Lehigh Acres, FL	3.0	2.0	1547	$2,000	$1.29	21d	1	1.21mi
2710 28th St SW Lehigh Acres, FL	4.0	2.0	1742	$2,450	$1.41	25d	1	1.26mi
2911 48th St SW Lehigh Acres, FL	3.0	2.0	1723	$2,200	$1.28	12d	1	1.27mi
2708 27th St SW Lehigh Acres, FL	4.0	2.0	1698	$2,280	$1.34	5d	1	1.29mi
3402 13th St SW Lehigh Acres, FL	3.0	2.0	1117	$1,940	$1.74	5d	1	1.35mi
2612 31st St Lehigh Acres, FL	4.0	2.0	1389	$1,799	$1.30	17d	1	1.36mi
2612 31st St Lehigh Acres, FL	4.0	2.0	1365	$1,799	$1.32	15d	1	1.36mi
3702 14th St SW Lehigh Acres, FL	4.0	2.0	1472	$1,995	$1.36	25d	1	1.37mi

Listing history 19 events

1. 2026-05-01
   status Pending
2. 2026-04-10
   price $320,000
3. 2026-03-30
   listed $339,000 Active
4. 2024-05-08
   status Pending
5. 2024-05-08
   historical
6. 2024-04-13
   price $379,500
7. 2024-04-03
   price $379,999
8. 2024-03-28
   status Active
9. 2024-03-26
   status Pending
10. 2024-03-04
    price $385,000
11. 2024-02-21
    price $395,000
12. 2024-01-10
    price $398,500
13. 2023-10-24
    listed $399,000 Active
14. 2015-03-17
    price $91,500 369-char remark

    Show marketing remark (369 chars)

    This is one that you have to see. This 3 bedroom, 2 bathroom offers a open floor plan and is just perfect for entertaining. Home has tile throughout living area, granite counter tops and has a large screened patio. Home also offers indoor laundry. Master suite has his and hers sinks and large tiled shower. This home is a must see. Call for your private showing today.

15. 2015-03-17
    price $96,000 369-char remark

    Show marketing remark (369 chars)

    This is one that you have to see. This 3 bedroom, 2 bathroom offers a open floor plan and is just perfect for entertaining. Home has tile throughout living area, granite counter tops and has a large screened patio. Home also offers indoor laundry. Master suite has his and hers sinks and large tiled shower. This home is a must see. Call for your private showing today.

16. 2015-03-12
    soldstatus $96,000 Sold 369-char remark

    Show marketing remark (369 chars)

    This is one that you have to see. This 3 bedroom, 2 bathroom offers a open floor plan and is just perfect for entertaining. Home has tile throughout living area, granite counter tops and has a large screened patio. Home also offers indoor laundry. Master suite has his and hers sinks and large tiled shower. This home is a must see. Call for your private showing today.

17. 2015-01-09
    status Pending 369-char remark

    Show marketing remark (369 chars)

    This is one that you have to see. This 3 bedroom, 2 bathroom offers a open floor plan and is just perfect for entertaining. Home has tile throughout living area, granite counter tops and has a large screened patio. Home also offers indoor laundry. Master suite has his and hers sinks and large tiled shower. This home is a must see. Call for your private showing today.

18. 2015-01-07
    listed $91,500 Active 369-char remark

    Show marketing remark (369 chars)

    This is one that you have to see. This 3 bedroom, 2 bathroom offers a open floor plan and is just perfect for entertaining. Home has tile throughout living area, granite counter tops and has a large screened patio. Home also offers indoor laundry. Master suite has his and hers sinks and large tiled shower. This home is a must see. Call for your private showing today.

19. 2005-09-13
    soldstatus $55,000

ⓘ 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: $2,411 · $201/mo
• Projected year-2 tax: $2,656 · $221/mo
• Expected delta: +$245/yr (+$20/mo · 10.2%)

ⓘ 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 5/10 Major
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 29 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: $25,988
• − Mortgage interest: −$17,925
• − Property taxes: −$2,411
• − Insurance: −$1,600
• − Repairs & maintenance: −$2,079
• − Management: −$2,079
• − Depreciation: −$9,309
• Taxable loss: −$9,415
• Est. tax savings @ 24.0%: +$2,260
• After-tax cash flow: $-1,358/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): 20,277
• Household income: $72,679
• Rent vs Own: 28.2% rent · 71.8% own
• Severe rent burden: 574.0

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 0.65)
• Race & ethnicity: Hispanic / Latino 50% Two or more races 30% White 24% Black 20% Asian 3%
• Hispanic origin (detail): Mexican 8% Puerto Rican 8% Cuban 18% Dominican 4%
• Common ancestry: Hispanic 8% Slovak 1% Lithuanian 1%
• Foreign-born: 35% · Canada, Jamaica, Vietnam
• Languages at home: 46% English-only · Spanish 43% French/Haitian/Cajun 8% Vietnamese 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: ▲ 21.77%
• Current HPI: 340.4255
• Rent YoY: ▼ -1.54%
• 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

+481.8% since first listed

19 events — show timeline

• 2026-05-01 Pending — FORTMLS
• 2026-04-10 Price Changed $320,000 FORTMLS
• 2026-03-30 Listed $339,000 FORTMLS
• 2024-05-08 Pending — FORTMLS
• 2024-05-08 Listing Removed — FORTMLS
• 2024-04-13 Price Changed $379,500 FORTMLS
• 2024-04-03 Price Changed $379,999 FORTMLS
• 2024-03-28 Relisted — FORTMLS
• 2024-03-26 Pending — FORTMLS
• 2024-03-04 Price Changed $385,000 FORTMLS
• 2024-02-21 Price Changed $395,000 FORTMLS
• 2024-01-10 Price Changed $398,500 FORTMLS
• 2023-10-24 Listed $399,000 FORTMLS
• 2015-03-17 Price Changed $91,500 FORTMLS
• 2015-03-17 Price Changed $96,000 FORTMLS
• 2015-03-12 Sold (MLS) $96,000 FORTMLS
• 2015-01-09 Pending — FORTMLS
• 2015-01-07 Listed $91,500 FORTMLS
• 2005-09-13 Sold (Public Records) $55,000 Public Records

Property tax history

+5.2%/yr

Latest (2025): $2,411 · +5.6% YoY. Source: county tax records.