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3231 Cottonwood Bnd #306 🌊 Lakefront
C Composite 59.66
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 +19.3/30.0
  • ARV discount +13.3/15.0
  • 1% rule +10.0/10.0
  • DSCR +6.1/10.0
  • Schools +4.1/10.0
  • Livability +2.5/5.0
  • Condition / age +2.5/5.0
  • Rent growth +1.8/5.0
  • Appreciation +0.0/10.0

$229,000

3231 Cottonwood Bnd #306 · Verandah, FL 33905
3 bd · 3.0 ba · 1,821 sqft · Townhouse public records · 41 Days on market
Built 2006 7,313 sqft lot Est $263k · 13% under · waterfront $815/mo HOA · 24% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Rarely available, END UNIT, Lakeview, Meticulously cared for and tastefully decorated, This home is offered fully furnished and turnkey. It's ready for immediate use if you are looking for a fabulous and care free Florida lifestyle. This home is also ready for use as an income producing property, seller is leaving the furniture, decor, utensils, etc. , - making it a seamless transition to use today. 3 large bedrooms, 2 1/2 baths, laundry conveniently located upstairs, neutral color palette, - 1st flor is fully tiled. TONS of STORAGE: attached garage, there are 2 lockable "owner's closets" and tons of storage with ample closets, storage room under staircase and additional storage closet on lanai. Kitchen has newer fridge, Gas range, under cabinet lighting, Quartz counters and breakfast bar and tumbled marble backsplash. Verandah is a premier community offering residents a unique setting along the Orange River and miles of nature trails and preserve. Residents enjoy a vibrant, friendly social life. Two Championship Golf Courses, Tennis, Fitness Center, Bocce, Kayaks, bike paths, dog parks, playground, restaurants, Bar & more. Give a call to start calling this your home.

Key facts

  • Dog park
  • Community pool
  • Private lanai

Tags

PRIVATE LANAICOMMUNITY POOLDOG PARKWALKING AND BIKE TRAILS

Property features AI

Finance

  • Financial info: Pets allowed (call; conditional)
  • HOA & community: Homeowners association with on-site management; Quarterly association fees; Association covers management, cable TV, internet, irrigation water, grounds maintenance, pest control, reserve fund, street lights, security; Community amenities include clubhouse, dog park, fitness center, barbecue/picnic area, pickleball, pool, restaurant, tennis courts, and trails; Community of 112 units; Gated community with golf and street lights

Exterior

  • Parking: Attached 1-car garage; Driveway; Paved parking; Garage door opener; Covered parking (1)
  • Security: Smoke detector(s); Community security included in HOA
  • Utilities: Public water; Public sewer; Natural gas available; Cable available; Underground utilities; Reclaimed irrigation water
  • Home design: 2 stories; Entry level: 1; Southeast facing; Has view (lake); northwest exposure
  • Construction: Tile roof; Block, concrete and stucco construction
  • Exterior features: Shutters (manual); Lanai; Porch; Screened porch; Pond on lot; Paved road

Interior

  • Kitchen: Gas cooktop; Self-cleaning oven; Microwave; Dishwasher; Garbage disposal; Refrigerator
  • Bedrooms: Guest quarters
  • Flooring: Carpet; Tile
  • Bathrooms: 2 full bathrooms; 1 half bathroom
  • Heating & cooling: Central heating (electric); Central air; Ceiling fans
  • Interior features: Dual sinks; Kitchen island; Pantry; Separate shower; Shower only; Window treatments; High speed internet; Split bedrooms; Furnishing negotiable; Single hung windows
  • Laundry & utility: Washer; Dryer; Laundry inside

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/3.0-bath townhouse listed at $229k.

Deal economics

  • At list price, monthly cash flow is $-174 ($-2k/yr) — negative.
  • To cash-flow at today's rent, offer at most $198k (13.4% below list).
  • Meets the 1% rule at list price ($3k rent vs $229k).
  • Recommended offer: $198k (13.4% below list) — sets the bar for cash-flow.

Location & tenants

  • Location reads: area grade C — affects rentability + tenant quality, not the cash-flow math above.
  • 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 (-3.0%/yr); 768 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 15,411 units permitted in Lee County in 2024 (4,686 in 5+ unit buildings).
  • At $3,445/mo this rent would consume 57% of the median local household income ($72k/yr) (locally 1358% 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 $2k of loan paydown is wiped out by about $7k 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 41 days — a 3% lower offer ($222k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts since 11y 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

  • Watch-outs: flood insurance adds $427/mo; HOA is 24% of rent.
  • Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $198,279 (13.4% 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 41 days. Have you received any prior offers? Is the seller open to a 13% concession, seller financing, or rate buy-down credit?
  3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
  7. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
  8. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
  9. 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.
  10. 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.
  11. 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
1.50%
Cap rate
7.62%
Cash-on-cash
4.73%
DSCR
1.21
GRM
5.5

CMA / ARV

ARV (on-the-fly)
$263,043
Comps found
1
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
3211 Cottonwood Bnd #705 0.05mi 3/2.5 1,867 (+2%) 6mo $200,000 $107 86

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
-28.0%
Equity multiple
0.10×
Total profit
$-57,422
Equity at exit
$34,145
10-year hold
IRR
-71.4%
Equity multiple
-0.56×
Total profit
$-99,794
Equity at exit
$19,800

Cash invested: $64,120 (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.

ZIP-level market 33905

Home prices YoY
-31.4%
Rents YoY
-3.0%
Active inventory
768
Price-to-rent
5.5×

Monthly cashflow live

Estimated rent
$3,445 high interval (Pro) →
Mortgage (P&I)
$1,201
Tax from tax record
$358 /mo · $4,293/yr
Insurance
$95
Flood insurance flood zone
−$427 /mo · $5,118/yr
HOA
$815
Vacancy / Maint / Mgmt
$724
Net cashflow
$-174

Break-even live

Break-even rent $3,665
Max offer price $198,279
Occupancy floor

Sensitivity live

Price -10% $-44 -5% $-109 +0% $-174 +5% $-239 +10% $-304
Rent -10% $-446 -5% $-310 +0% $-174 +5% $-38 +10% $98
Rate -1.0pp $-59 -0.5pp $-116 base $-174 +0.5pp $-233 +1.0pp $-294

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
$57,250
Closing costs
$6,870
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 18 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
3211 Cottonwood Bnd #701 Fort Myers, FL 3.0 3.0 1821 $2,500 $1.37 25d 1 0.04mi
3211 Cottonwood Bnd #705 Fort Myers, FL 3.0 2.5 1867 $3,000 $1.61 25d 1 0.04mi
3240 Cottonwood Bnd #201 Fort Myers, FL 3.0 2.5 1821 $5,500 $3.02 25d 1 0.05mi
3181 Cottonwood Bnd #901 Fort Myers, FL 3.0 2.5 1821 $5,500 $3.02 25d 1 0.06mi
3210 Cottonwood Bnd #803 Fort Myers, FL 3.0 2.5 1867 $5,000 $2.68 5d 1 0.07mi
3100 Cottonwood Bnd #1901 Fort Myers, FL 3.0 2.5 1821 $2,500 $1.37 25d 1 0.08mi
3111 Cottonwood Bnd #1704 Fort Myers, FL 3.0 2.5 1833 $3,000 $1.64 25d 1 0.09mi
3111 Meandering Way #101 Fort Myers, FL 2.0 2.0 1421 $2,700 $1.90 25d 1 0.45mi
3071 Meandering Way #101 Fort Myers, FL 2.0 2.0 1421 $3,000 $2.11 25d 1 0.47mi
3120 Meandering Way #202 Fort Myers, FL 3.0 2.0 1690 $3,000 $1.78 25d 1 0.48mi
3131 Orangetree Bnd Fort Myers, FL 3.0 3.0 1842 $7,000 $3.80 25d 1 0.78mi
12639 5th St Fort Myers, FL 4.0 2.0 1533 $1,900 $1.24 25d 1 1.15mi
12937 Fourth St Fort Myers, FL 2.0 1.0 1236 $1,900 $1.54 25d 1 1.29mi
2804 River Ridge Blvd Fort Myers, FL 2.0 2.0 1404 $1,350 $0.96 25d 1 1.30mi
2231 Lotus Rd Fort Myers, FL 3.0 2.0 1312 $1,885 $1.44 5d 1 1.39mi
3721 Pebblebrook Ridge Ct #102 Fort Myers, FL 2.0 2.0 1532 $2,950 $1.93 25d 1 1.39mi
3740 Pebblebrook Ridge Ct #102 Fort Myers, FL 2.0 2.0 1652 $2,500 $1.51 25d 1 1.43mi
3791 Pebblebrook Ridge Ct #102 Fort Myers, FL 2.0 2.0 1618 $3,900 $2.41 25d 1 1.48mi

HOA detail

Monthly dues
$815 · $9,780/yr
Likely covers
gasgym

Listing history 32 events

  1. 2026-06-22
    days on market $229,000 Active 41 DOM
  2. 2026-06-17
    days on market $229,000 Active 37 DOM
  3. 2026-06-16
    days on market $229,000 Active 36 DOM
  4. 2026-06-15
    days on market $229,000 Active 35 DOM
  5. 2026-06-13
    days on market $229,000 Active 33 DOM
  6. 2026-06-10
    days on market $229,000 Active 30 DOM
  7. 2026-06-09
    days on market $229,000 Active 29 DOM
  8. 2026-06-08
    days on market $229,000 Active 28 DOM
  9. 2026-06-07
    days on market $229,000 Active 27 DOM
  10. 2026-06-03
    days on market $229,000 Active 23 DOM
  11. 2026-06-02
    days on market $229,000 Active 22 DOM
  12. 2026-06-01
    days on market $229,000 Active 21 DOM
  13. 2026-05-31
    days on market $229,000 Active 20 DOM
  14. 2026-05-09
    listed $229,000 Active
  15. 2022-06-01
    soldstatus $331,500
  16. 2021-05-04
    soldstatus $174,900
  17. 2021-04-20
    soldstatus $174,900 Closed 1202-char remark
    Show marketing remark (1202 chars)

    Rarely available, END UNIT, Lakeview, Meticulously cared for and tastefully decorated, This home is offered fully furnished and turnkey. It's ready for immediate use if you are looking for a fabulous and care free Florida lifestyle. This home is also ready for use as an income producing property, seller is leaving the furniture, decor, utensils, etc. , - making it a seamless transition to use today. 3 large bedrooms, 2 1/2 baths, laundry conveniently located upstairs, neutral color palette, - 1st flor is fully tiled. TONS of STORAGE: attached garage, there are 2 lockable "owner's closets" and tons of storage with ample closets, storage room under staircase and additional storage closet on lanai. Kitchen has newer fridge, Gas range, under cabinet lighting, Quartz counters and breakfast bar and tumbled marble backsplash. Verandah is a premier community offering residents a unique setting along the Orange River and miles of nature trails and preserve. Residents enjoy a vibrant, friendly social life. Two Championship Golf Courses, Tennis, Fitness Center, Bocce, Kayaks, bike paths, dog parks, playground, restaurants, Bar & more. Give a call to start calling this your home.

  18. 2021-03-05
    status Pending 1202-char remark
    Show marketing remark (1202 chars)

    Rarely available, END UNIT, Lakeview, Meticulously cared for and tastefully decorated, This home is offered fully furnished and turnkey. It's ready for immediate use if you are looking for a fabulous and care free Florida lifestyle. This home is also ready for use as an income producing property, seller is leaving the furniture, decor, utensils, etc. , - making it a seamless transition to use today. 3 large bedrooms, 2 1/2 baths, laundry conveniently located upstairs, neutral color palette, - 1st flor is fully tiled. TONS of STORAGE: attached garage, there are 2 lockable "owner's closets" and tons of storage with ample closets, storage room under staircase and additional storage closet on lanai. Kitchen has newer fridge, Gas range, under cabinet lighting, Quartz counters and breakfast bar and tumbled marble backsplash. Verandah is a premier community offering residents a unique setting along the Orange River and miles of nature trails and preserve. Residents enjoy a vibrant, friendly social life. Two Championship Golf Courses, Tennis, Fitness Center, Bocce, Kayaks, bike paths, dog parks, playground, restaurants, Bar & more. Give a call to start calling this your home.

  19. 2021-03-02
    listed $174,900 Active 1202-char remark
    Show marketing remark (1202 chars)

    Rarely available, END UNIT, Lakeview, Meticulously cared for and tastefully decorated, This home is offered fully furnished and turnkey. It's ready for immediate use if you are looking for a fabulous and care free Florida lifestyle. This home is also ready for use as an income producing property, seller is leaving the furniture, decor, utensils, etc. , - making it a seamless transition to use today. 3 large bedrooms, 2 1/2 baths, laundry conveniently located upstairs, neutral color palette, - 1st flor is fully tiled. TONS of STORAGE: attached garage, there are 2 lockable "owner's closets" and tons of storage with ample closets, storage room under staircase and additional storage closet on lanai. Kitchen has newer fridge, Gas range, under cabinet lighting, Quartz counters and breakfast bar and tumbled marble backsplash. Verandah is a premier community offering residents a unique setting along the Orange River and miles of nature trails and preserve. Residents enjoy a vibrant, friendly social life. Two Championship Golf Courses, Tennis, Fitness Center, Bocce, Kayaks, bike paths, dog parks, playground, restaurants, Bar & more. Give a call to start calling this your home.

  20. 2017-06-06
    soldstatus $152,900
  21. 2017-05-31
    soldstatus $152,500 Sold 629-char remark
    Show marketing remark (629 chars)

    Beautifully maintained 3BR townhome in Prestigious Verandah CC. This end unit features windows on side of unit and sliding door to great lanai with views of neighborhood lake. Owners have added and upgraded throughout the home, lighting, kitchen faucet, new entire furnace and a/c handler, upgraded lanai floor, backsplash in kitchen custom ceiling fans throughout, new plantation shutters on main floor, over $12,000 spent the last couple of years. Verandah is the p[lace to be. Excellent amenities with great workout/cardio facility, large pool, classes, social activities, kayaking on river that flows through the development.

  22. 2017-05-14
    status Pending 629-char remark
    Show marketing remark (629 chars)

    Beautifully maintained 3BR townhome in Prestigious Verandah CC. This end unit features windows on side of unit and sliding door to great lanai with views of neighborhood lake. Owners have added and upgraded throughout the home, lighting, kitchen faucet, new entire furnace and a/c handler, upgraded lanai floor, backsplash in kitchen custom ceiling fans throughout, new plantation shutters on main floor, over $12,000 spent the last couple of years. Verandah is the p[lace to be. Excellent amenities with great workout/cardio facility, large pool, classes, social activities, kayaking on river that flows through the development.

  23. 2017-05-06
    status Pending With Contingencies 629-char remark
    Show marketing remark (629 chars)

    Beautifully maintained 3BR townhome in Prestigious Verandah CC. This end unit features windows on side of unit and sliding door to great lanai with views of neighborhood lake. Owners have added and upgraded throughout the home, lighting, kitchen faucet, new entire furnace and a/c handler, upgraded lanai floor, backsplash in kitchen custom ceiling fans throughout, new plantation shutters on main floor, over $12,000 spent the last couple of years. Verandah is the p[lace to be. Excellent amenities with great workout/cardio facility, large pool, classes, social activities, kayaking on river that flows through the development.

  24. 2017-05-01
    listed $154,900 Active 629-char remark
    Show marketing remark (629 chars)

    Beautifully maintained 3BR townhome in Prestigious Verandah CC. This end unit features windows on side of unit and sliding door to great lanai with views of neighborhood lake. Owners have added and upgraded throughout the home, lighting, kitchen faucet, new entire furnace and a/c handler, upgraded lanai floor, backsplash in kitchen custom ceiling fans throughout, new plantation shutters on main floor, over $12,000 spent the last couple of years. Verandah is the p[lace to be. Excellent amenities with great workout/cardio facility, large pool, classes, social activities, kayaking on river that flows through the development.

  25. 2015-01-29
    soldstatus $138,500
  26. 2015-01-27
    price $138,500
  27. 2015-01-26
    price $142,000
  28. 2015-01-26
    soldstatus $138,500 Sold
  29. 2015-01-14
    status Pending
  30. 2015-01-12
    price $142,000
  31. 2015-01-12
    listed $140,000 Active
  32. 2005-05-13
    soldstatus $2,300,000

ⓘ 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
$4,293 · $358/mo
Projected year-2 tax
$4,293 · $358/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 AE · 22% chance over 30 yrs
  • 🔥 Wildfire 3/10 Moderate
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥107°F today · 28 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

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$41,343
− Mortgage interest
−$12,828
− Property taxes
−$4,293
− Insurance
−$6,264
− Repairs & maintenance
−$3,307
− Management
−$3,307
− HOA
−$9,780
− Depreciation
−$6,662
Taxable loss
−$5,098
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,224
After-tax cash flow
$-863/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 — Verandah

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

Census place
Verandah, FL
County
Lee County · 788,662 people
Metro
Cape Coral-Fort Myers, FL
Population (ZIP)
41,381
Household income
$71,987
Rent vs Own
37.2% rent · 62.8% own
Severe rent burden
1358.0

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 0.59)
Race & ethnicity
White 53% Hispanic / Latino 34% Two or more races 17% Black 9% Native American 4% Asian 2%
Hispanic origin (detail)
Mexican 11% Puerto Rican 5% Cuban 2%
Common ancestry
Romanian 2% Slovak 2% Lithuanian 2%
Foreign-born
20% · Canada, Jamaica
Languages at home
68% English-only · Spanish 29% Other Indo-European 1% German/W. Germanic 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
▼ -122.89%
Current HPI
268.4598
Rent YoY
▼ -2.97%
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

Price history

-90.0% since first listed
19 events — show timeline
  • 2026-05-09 Listed $229,000 FORTMLS
  • 2022-06-01 Sold (Public Records) $331,500 Public Records
  • 2021-05-04 Sold (Public Records) $174,900 Public Records
  • 2021-04-20 Sold (MLS) $174,900 FORTMLS
  • 2021-03-05 Pending FORTMLS
  • 2021-03-02 Listed $174,900 FORTMLS
  • 2017-06-06 Sold (Public Records) $152,900 Public Records
  • 2017-05-31 Sold (MLS) $152,500 FORTMLS
  • 2017-05-14 Pending FORTMLS
  • 2017-05-06 Pending FORTMLS
  • 2017-05-01 Listed $154,900 FORTMLS
  • 2015-01-29 Sold (Public Records) $138,500 Public Records
  • 2015-01-27 Price Changed $138,500 FORTMLS
  • 2015-01-26 Sold (MLS) $138,500 FORTMLS
  • 2015-01-26 Price Changed $142,000 FORTMLS
  • 2015-01-14 Pending FORTMLS
  • 2015-01-12 Price Changed $142,000 FORTMLS
  • 2015-01-12 Listed $140,000 FORTMLS
  • 2005-05-13 Sold (Public Records) $2,300,000 Public Records

Property tax history

+9.6%/yr

Latest (2025): $4,293 · -6.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…