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2810 Citrus Lake Dr Unit U-201
B+ Composite 75.4
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
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • ARV discount +7.5/15.0
  • Appreciation +5.1/10.0
  • Schools +5.0/10.0
  • Rent growth +2.7/5.0
  • Livability +2.5/5.0
  • Condition / age +2.5/5.0

$215,000

2810 Citrus Lake Dr Unit U-201 · Pelican Marsh, FL 34109
2 bd · 2.0 ba · 1,260 sqft · Condo public records · 50 Days on market
Built 1991

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Lakeside is a premier gated community surrounding a beautiful 40-acre lake in the heart of North Naples, offering an unbeatable lifestyle just minutes from the Gulf's white-sand beaches. This second-floor, two-bedroom, two-bath residence presents a rare opportunity to build instant equity in a high-demand area with A-rated schools. The home features granite countertops in the kitchen and bathrooms. A spacious master suite offers a walk-in closet and en-suite with dual sinks. From the private screened-in lanai, you can enjoy the serene sights and sounds of nature and mature landscaping--a perfect spot to savor your morning coffee or dine al fresco with a glass of wine in hand. This property is a true diamond in the rough and selling 'As Is.' It has been priced accordingly to reflect its need for fresh paint, new flooring, etc. It is the perfect canvas for a buyer looking to customize their space or an investor. A new HVAC was installed on 4/08/2026 with a 10 year parts and 2 year labor warranty. The quarterly fees paid to the Master HOA are $2221 which include $662.75 to the Master Assoc and $1558.25 to the Condo Assoc. Convenience is at your doorstep with an assigned covered carport located right outside your front steps and a location near the Orange Blossom Road exit gate. The community itself is a resort-style retreat, featuring two lighted fountains on the lake perfect for fishing and kayaking. Lakeside offers a wealth of amenities, including two swimming pools, four Har-Tru tennis courts, pickleball, a basketball court, bocce, and shuffleboard. The two-story clubhouse provides an exercise room, sauna, pool table, and full kitchen for private events. Walking enthusiasts can enjoy a scenic 1.5-mile walking path that winds through the beautifully landscaped grounds. Ideally situated near award-winning dining, world-class golf, outdoor recreation, I-75, and upscale shopping, this home is a fantastic opportunity to create a dream residence in a premier location. Don't miss out on the chance to make this gem shine!

Key facts

  • Gated community
  • 40 acre lake
  • Granite countertops

Tags

GATED COMMUNITY40 ACRE LAKEGRANITE COUNTERTOPSPRIVATE SCREENED IN LANAIMATURE LANDSCAPINGASSIGNED COVERED CARPORT

Property features AI

Finance

  • Other: Community amenities include: community pool and spa, clubhouse, exercise room, library, community room, play area, bike and jog path, sidewalks, streetlights, BBQ/picnic area, basketball, pickleball, shuffleboard, billiards, sauna, community park; underground utilities; Community type: boating, gated, tennis
  • Financial info: Total annual recurring HOA fees reported; Total one-time fees reported
  • HOA & community: Mandatory HOA; Quarterly master HOA fee; Quarterly condo fee; Professional management; HOA covers cable, insurance, internet/WiFi, irrigation water, lawn/land maintenance, pest control (interior & exterior), sewer, street maintenance, street lights, trash removal, water, recreation facilities, reserve, manager, legal/accounting

Exterior

  • Parking: 1 assigned parking space; Covered parking; Paved driveway; Detached 1-car carport; Guest parking available
  • Security: Gated community
  • Utilities: Central water; Central sewer; Cable available
  • Home design: Residential garden-style unit in a low-rise (1-3) building; Built in 1991; Concrete block construction with stucco finish; Shingle roof; Rear exposure to the west; Unit: Lot/Unit 201 in the Lakeside development (Lakeside Gardens)
  • Construction: Concrete block construction; Stucco exterior; Shingle roof; Built in 1991
  • Exterior features: Storage; Lake/Canal irrigation; Landscaped area and wooded area views; Paved road access; Zero lot line

Interior

  • Kitchen: Range; Microwave; Refrigerator/Freezer; Disposal
  • Bedrooms: 2 bedrooms (split bedroom floor plan)
  • Flooring: Concrete; Tile; Wood
  • Bathrooms: 2 full bathrooms; Primary bath with dual sinks and shower (no tub)
  • Heating & cooling: Central electric heat; Central electric air conditioning; Ceiling fans
  • Interior features: Vaulted ceiling; Walk-in closet; Window coverings; Screened lanai/porch; Laundry in residence; 6 total rooms; 4 ceiling fans
  • Laundry & utility: Washer and dryer in unit; Tankless water heater; Smoke detector

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 2-bed/2.0-bath condo listed at $215k.

Deal economics

  • At list price, monthly cash flow is $1k ($15k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($4k rent vs $215k).
  • Recommended offer: $209k (3.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
  • Collier (suburban): math 60% / reading 56% proficiency, ranked #16 of 73 in FL (top 22%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Zoned schools: Pelican Marsh Elementary School (math 87% / reading 83%, grade A+, #35 of 2,144 statewide, top 2%, 709 students, 29% FRL); Barron Collier High School (math 62% / reading 68%, grade B, #76 of 667 statewide, top 11%, 1,650 students, 26% FRL) — zoned schools average 28% FRL vs 55% district-wide (27 pts lower); this property's tenant base skews higher-income than the district average.
  • Zoned-school proficiency averages 75% at this address vs 58% district-wide (+17 pts) — the actual schools serving this property are materially stronger than the Collier average implies; a family-tenant draw the district grade alone would hide.
  • Market conditions: Rents flat; 424 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); solid renter incomes; 3,520 units permitted in Collier County in 2024 (959 in 5+ unit buildings).
  • At $4,344/mo this rent would consume 57% of the median local household income ($92k/yr) (locally 1712% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • In year one you build about $2k of equity ($1k loan paydown + $634 appreciation (0.3% local appreciation)).
  • Collier County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (0.3% appreciation + 0.9% rent growth), your $60k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 50 days — a 3% lower offer ($209k) is reasonable based on typical stale-listing flexibility.
  • 8 sale attempts since 18y 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.
Recommended offer $208,550 (3.0% below list)

Questions for the listing agent

  1. It's been on market 50 days. Have you received any prior offers? Is the seller open to a 3% 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. 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?
  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 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
2.02%
Cap rate
13.30%
Cash-on-cash
25.01%
DSCR
2.11
GRM
4.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

0.29% appreciation · 0.92% rent growth · sell at horizon

5-year hold
IRR
23.6%
Equity multiple
2.13×
Total profit
$68,204
Equity at exit
$65,618
10-year hold
IRR
25.6%
Equity multiple
3.67×
Total profit
$160,863
Equity at exit
$81,468

Cash invested: $60,200 (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 34109

Home prices YoY
0.1%
Rents YoY
0.9%
Active inventory
424
Price-to-rent
4.1×

Monthly cashflow live

Estimated rent
$4,344 high interval (Pro) →
Mortgage (P&I)
$1,127
Tax from tax record
$220 /mo · $2,643/yr
Insurance
$90
HOA est. from 1 same-building comp
$740
Vacancy / Maint / Mgmt
$912
Net cashflow
$1,255

Break-even live

Break-even rent $2,756
Max offer price $215,000
Occupancy floor 66%

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
$53,750
Closing costs
$6,450
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

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2860 Citrus Lake Dr Unit R202 Naples, FL 3.0 2.0 1590 $5,000 $3.14 23d 1 0.06mi
2860 Citrus Lake Dr Unit R-202 Naples, FL 3.0 2.0 1590 $5,000 $3.14 13d 1 0.06mi
2880 Citrus Lake Dr Unit Q201 Naples, FL 3.0 2.0 1590 $2,495 $1.57 13d 1 0.10mi
2731 Citrus Lake Dr #202 Naples, FL 2.0 2.0 1260 $2,500 $1.98 13d 1 0.10mi
3048 Horizon Ln #1104 Naples, FL 3.0 2.5 1818 $5,150 $2.83 23d 1 0.14mi
2711 Citrus Lake Dr Unit F302 Naples, FL 2.0 2.0 1272 $4,500 $3.54 13d 1 0.14mi
2711 Citrus Lake Dr Unit F305 Naples, FL 3.0 2.0 1480 $5,500 $3.72 13d 1 0.14mi
2885 Citrus Lake Dr Unit N103 Naples, FL 2.0 2.0 1249 $5,250 $4.20 13d 1 0.15mi
3051 Horizon Ln #1803 Naples, FL 2.0 2.0 1482 $5,100 $3.44 23d 1 0.17mi
3035 Horizon Ln #2206 Naples, FL 2.0 2.0 1246 $6,000 $4.82 23d 1 0.17mi
2671 Citrus Lake Dr Unit E-303 Naples, FL 2.0 2.0 1380 $3,500 $2.54 13d 1 0.18mi
2671 Citrus Lake Dr Unit E-201 Naples, FL 3.0 2.0 1380 $5,250 $3.80 13d 1 0.18mi
2864 Mizzen Way Unit Y106 Naples, FL 2.0 2.0 1350 $5,200 $3.85 13d 1 0.20mi
7030 Lone Oak Blvd Naples, FL 3.0 2.0 1700 $6,400 $3.76 13d 1 0.21mi
2651 Citrus Lake Dr Unit D302 Naples, FL 2.0 2.0 1250 $5,000 $4.00 13d 1 0.21mi
2730 Sailors Way Naples, FL 3.0 3.0 1700 $9,000 $5.29 23d 1 0.22mi
2611 Citrus Lake Dr Unit C-203 Naples, FL 3.0 2.0 1710 $5,500 $3.22 13d 1 0.25mi
7710 Ahoy Ave Naples, FL 3.0 2.0 1580 $2,950 $1.87 23d 1 0.26mi
2835 Mizzen Way Naples, FL 3.0 2.0 1641 $2,900 $1.77 23d 1 0.27mi
3015 Horizon Ln #2702 Naples, FL 3.0 2.0 1399 $1,790 $1.28 23d 1 0.28mi
2541 Citrus Lake Dr Unit A-205 Naples, FL 3.0 2.0 1590 $5,250 $3.30 13d 1 0.32mi
3009 Driftwood Way #2802 Naples, FL 3.0 2.0 1399 $2,000 $1.43 23d 1 0.36mi
7416 Plumbago Bridge Rd #103 Naples, FL 2.0 2.0 1223 $2,400 $1.96 13d 1 0.36mi
2608 Sailors Way #122 Naples, FL 2.0 2.0 1387 $5,500 $3.97 23d 1 0.36mi
3062 Driftwood Way #4301 Naples, FL 3.0 2.0 1573 $6,500 $4.13 23d 1 0.37mi
2516 Orchid Bay Dr #203 Naples, FL 2.0 2.0 1360 $4,750 $3.49 23d 1 0.39mi
3057 Driftwood Way #4004 Naples, FL 3.0 2.5 1818 $6,400 $3.52 23d 1 0.40mi
3017 Driftwood Way #3001 Naples, FL 3.0 2.0 1385 $5,000 $3.61 23d 1 0.41mi
2460 Old Groves Rd Unit E102 Naples, FL 2.0 2.0 1226 $2,400 $1.96 13d 1 0.46mi
3025 Driftwood Way #3203 Naples, FL 2.0 2.0 1248 $3,900 $3.12 23d 1 0.46mi
3049 Driftwood Way #3806 Naples, FL 3.0 2.5 1818 $4,700 $2.59 23d 1 0.46mi
3029 Driftwood Way #3303 Naples, FL 2.0 2.0 1248 $4,000 $3.21 23d 1 0.49mi
7518 Silver Trumpet Ln Unit Q102 Naples, FL 2.0 2.0 1300 $2,600 $2.00 13d 1 0.49mi
3037 Driftwood Way #3505 Naples, FL 2.0 2.0 1248 $2,500 $2.00 23d 1 0.51mi
2585 Old Groves Rd Unit L203 Naples, FL 2.0 2.0 1448 $5,500 $3.80 13d 1 0.54mi
7762 Gardner Dr #102 Naples, FL 2.0 2.0 1607 $6,000 $3.73 23d 1 0.57mi
6654 Tannin Ln Unit B Naples, FL 2.0 2.0 1441 $3,100 $2.15 23d 1 0.59mi
2729 Branch Ln Naples, FL 3.0 2.0 1800 $3,650 $2.03 23d 1 0.63mi
7287 Mill Pond Cir Naples, FL 3.0 2.0 1355 $3,800 $2.80 23d 1 0.63mi
7271 Mill Pond Cir Naples, FL 3.0 2.0 1700 $8,250 $4.85 23d 1 0.66mi

HOA detail condo

Monthly dues
$0 · $0/yr
Likely covers
landscapingpoolsecurity
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 26 events

  1. 2026-06-03
    remarks 699-char remark
  2. 2026-06-03
    days on marketlisting id $215,000 Pending 50 DOM
  3. 2026-04-24
    status Pending
    Show marketing remark (2052 chars)

    Lakeside is a premier gated community surrounding a beautiful 40-acre lake in the heart of North Naples, offering an unbeatable lifestyle just minutes from the Gulf's white-sand beaches. This second-floor, two-bedroom, two-bath residence presents a rare opportunity to build instant equity in a high-demand area with A-rated schools. The home features granite countertops in the kitchen and bathrooms. A spacious master suite offers a walk-in closet and en-suite with dual sinks. From the private screened-in lanai, you can enjoy the serene sights and sounds of nature and mature landscaping--a perfect spot to savor your morning coffee or dine al fresco with a glass of wine in hand. This property is a true diamond in the rough and selling 'As Is.' It has been priced accordingly to reflect its need for fresh paint, new flooring, etc. It is the perfect canvas for a buyer looking to customize their space or an investor. A new HVAC was installed on 4/08/2026 with a 10 year parts and 2 year labor warranty. The quarterly fees paid to the Master HOA are $2221 which include $662.75 to the Master Assoc and $1558.25 to the Condo Assoc. Convenience is at your doorstep with an assigned covered carport located right outside your front steps and a location near the Orange Blossom Road exit gate. The community itself is a resort-style retreat, featuring two lighted fountains on the lake perfect for fishing and kayaking. Lakeside offers a wealth of amenities, including two swimming pools, four Har-Tru tennis courts, pickleball, a basketball court, bocce, and shuffleboard. The two-story clubhouse provides an exercise room, sauna, pool table, and full kitchen for private events. Walking enthusiasts can enjoy a scenic 1.5-mile walking path that winds through the beautifully landscaped grounds. Ideally situated near award-winning dining, world-class golf, outdoor recreation, I-75, and upscale shopping, this home is a fantastic opportunity to create a dream residence in a premier location. Don't miss out on the chance to make this gem shine!

  4. 2026-04-24
    status Pending 2052-char remark
    Show marketing remark (2052 chars)

    Lakeside is a premier gated community surrounding a beautiful 40-acre lake in the heart of North Naples, offering an unbeatable lifestyle just minutes from the Gulf's white-sand beaches. This second-floor, two-bedroom, two-bath residence presents a rare opportunity to build instant equity in a high-demand area with A-rated schools. The home features granite countertops in the kitchen and bathrooms. A spacious master suite offers a walk-in closet and en-suite with dual sinks. From the private screened-in lanai, you can enjoy the serene sights and sounds of nature and mature landscaping--a perfect spot to savor your morning coffee or dine al fresco with a glass of wine in hand. This property is a true diamond in the rough and selling 'As Is.' It has been priced accordingly to reflect its need for fresh paint, new flooring, etc. It is the perfect canvas for a buyer looking to customize their space or an investor. A new HVAC was installed on 4/08/2026 with a 10 year parts and 2 year labor warranty. The quarterly fees paid to the Master HOA are $2221 which include $662.75 to the Master Assoc and $1558.25 to the Condo Assoc. Convenience is at your doorstep with an assigned covered carport located right outside your front steps and a location near the Orange Blossom Road exit gate. The community itself is a resort-style retreat, featuring two lighted fountains on the lake perfect for fishing and kayaking. Lakeside offers a wealth of amenities, including two swimming pools, four Har-Tru tennis courts, pickleball, a basketball court, bocce, and shuffleboard. The two-story clubhouse provides an exercise room, sauna, pool table, and full kitchen for private events. Walking enthusiasts can enjoy a scenic 1.5-mile walking path that winds through the beautifully landscaped grounds. Ideally situated near award-winning dining, world-class golf, outdoor recreation, I-75, and upscale shopping, this home is a fantastic opportunity to create a dream residence in a premier location. Don't miss out on the chance to make this gem shine!

  5. 2026-04-22
    price $215,000
  6. 2026-04-21
    price $215,000 2052-char remark
    Show marketing remark (2052 chars)

    Lakeside is a premier gated community surrounding a beautiful 40-acre lake in the heart of North Naples, offering an unbeatable lifestyle just minutes from the Gulf's white-sand beaches. This second-floor, two-bedroom, two-bath residence presents a rare opportunity to build instant equity in a high-demand area with A-rated schools. The home features granite countertops in the kitchen and bathrooms. A spacious master suite offers a walk-in closet and en-suite with dual sinks. From the private screened-in lanai, you can enjoy the serene sights and sounds of nature and mature landscaping--a perfect spot to savor your morning coffee or dine al fresco with a glass of wine in hand. This property is a true diamond in the rough and selling 'As Is.' It has been priced accordingly to reflect its need for fresh paint, new flooring, etc. It is the perfect canvas for a buyer looking to customize their space or an investor. A new HVAC was installed on 4/08/2026 with a 10 year parts and 2 year labor warranty. The quarterly fees paid to the Master HOA are $2221 which include $662.75 to the Master Assoc and $1558.25 to the Condo Assoc. Convenience is at your doorstep with an assigned covered carport located right outside your front steps and a location near the Orange Blossom Road exit gate. The community itself is a resort-style retreat, featuring two lighted fountains on the lake perfect for fishing and kayaking. Lakeside offers a wealth of amenities, including two swimming pools, four Har-Tru tennis courts, pickleball, a basketball court, bocce, and shuffleboard. The two-story clubhouse provides an exercise room, sauna, pool table, and full kitchen for private events. Walking enthusiasts can enjoy a scenic 1.5-mile walking path that winds through the beautifully landscaped grounds. Ideally situated near award-winning dining, world-class golf, outdoor recreation, I-75, and upscale shopping, this home is a fantastic opportunity to create a dream residence in a premier location. Don't miss out on the chance to make this gem shine!

  7. 2026-03-05
    listed $225,000 Active
    Show marketing remark (2052 chars)

    Lakeside is a premier gated community surrounding a beautiful 40-acre lake in the heart of North Naples, offering an unbeatable lifestyle just minutes from the Gulf's white-sand beaches. This second-floor, two-bedroom, two-bath residence presents a rare opportunity to build instant equity in a high-demand area with A-rated schools. The home features granite countertops in the kitchen and bathrooms. A spacious master suite offers a walk-in closet and en-suite with dual sinks. From the private screened-in lanai, you can enjoy the serene sights and sounds of nature and mature landscaping--a perfect spot to savor your morning coffee or dine al fresco with a glass of wine in hand. This property is a true diamond in the rough and selling 'As Is.' It has been priced accordingly to reflect its need for fresh paint, new flooring, etc. It is the perfect canvas for a buyer looking to customize their space or an investor. A new HVAC was installed on 4/08/2026 with a 10 year parts and 2 year labor warranty. The quarterly fees paid to the Master HOA are $2221 which include $662.75 to the Master Assoc and $1558.25 to the Condo Assoc. Convenience is at your doorstep with an assigned covered carport located right outside your front steps and a location near the Orange Blossom Road exit gate. The community itself is a resort-style retreat, featuring two lighted fountains on the lake perfect for fishing and kayaking. Lakeside offers a wealth of amenities, including two swimming pools, four Har-Tru tennis courts, pickleball, a basketball court, bocce, and shuffleboard. The two-story clubhouse provides an exercise room, sauna, pool table, and full kitchen for private events. Walking enthusiasts can enjoy a scenic 1.5-mile walking path that winds through the beautifully landscaped grounds. Ideally situated near award-winning dining, world-class golf, outdoor recreation, I-75, and upscale shopping, this home is a fantastic opportunity to create a dream residence in a premier location. Don't miss out on the chance to make this gem shine!

  8. 2026-03-05
    listed $225,000 Active 2052-char remark
    Show marketing remark (2052 chars)

    Lakeside is a premier gated community surrounding a beautiful 40-acre lake in the heart of North Naples, offering an unbeatable lifestyle just minutes from the Gulf's white-sand beaches. This second-floor, two-bedroom, two-bath residence presents a rare opportunity to build instant equity in a high-demand area with A-rated schools. The home features granite countertops in the kitchen and bathrooms. A spacious master suite offers a walk-in closet and en-suite with dual sinks. From the private screened-in lanai, you can enjoy the serene sights and sounds of nature and mature landscaping--a perfect spot to savor your morning coffee or dine al fresco with a glass of wine in hand. This property is a true diamond in the rough and selling 'As Is.' It has been priced accordingly to reflect its need for fresh paint, new flooring, etc. It is the perfect canvas for a buyer looking to customize their space or an investor. A new HVAC was installed on 4/08/2026 with a 10 year parts and 2 year labor warranty. The quarterly fees paid to the Master HOA are $2221 which include $662.75 to the Master Assoc and $1558.25 to the Condo Assoc. Convenience is at your doorstep with an assigned covered carport located right outside your front steps and a location near the Orange Blossom Road exit gate. The community itself is a resort-style retreat, featuring two lighted fountains on the lake perfect for fishing and kayaking. Lakeside offers a wealth of amenities, including two swimming pools, four Har-Tru tennis courts, pickleball, a basketball court, bocce, and shuffleboard. The two-story clubhouse provides an exercise room, sauna, pool table, and full kitchen for private events. Walking enthusiasts can enjoy a scenic 1.5-mile walking path that winds through the beautifully landscaped grounds. Ideally situated near award-winning dining, world-class golf, outdoor recreation, I-75, and upscale shopping, this home is a fantastic opportunity to create a dream residence in a premier location. Don't miss out on the chance to make this gem shine!

  9. 2019-05-22
    soldstatus $199,000
  10. 2019-05-17
    soldstatus $199,000 Sold 1071-char remark
    Show marketing remark (1071 chars)

    MAJOR PRICE REDUCTION! Seller wants offers. Welcome home to this 2 Bedroom, 2 Bath top floor condo, in Lakeside. This unit has a villa feel to it, with split bedrooms, for guest privacy. There are only 4 units in this cluster, for additional privacy. This unit has vaulted ceilings, and has been completely updated, with hardwood flooring and tile on the diagonal throughout. Kitchen features include pristine white granite countertops, and stainless steel appliances. New energy efficient tankless water heater, and Goodman A/C unit, with Nest thermostat. Gorgeous built in closets in master and guest bedrooms. Lakeside is a wonderful community, featuring 2 heated pools, spa hot-tub, 5 har-tru tennis courts, pickleball, and shuffleboard. Old-style clubhouse, with library and internet, perfect for study time. You may also troll around the 40-acre lake, in your electric boat. Come enjoy all Lakeside has to offer. Seller is offering a $2,000.00 credit to buyer at closing, for them to use as they wish. Bring your most fussy buyers, you will be pleasantly surprised!

  11. 2019-04-05
    status Pending With Contingencies 1071-char remark
    Show marketing remark (1071 chars)

    MAJOR PRICE REDUCTION! Seller wants offers. Welcome home to this 2 Bedroom, 2 Bath top floor condo, in Lakeside. This unit has a villa feel to it, with split bedrooms, for guest privacy. There are only 4 units in this cluster, for additional privacy. This unit has vaulted ceilings, and has been completely updated, with hardwood flooring and tile on the diagonal throughout. Kitchen features include pristine white granite countertops, and stainless steel appliances. New energy efficient tankless water heater, and Goodman A/C unit, with Nest thermostat. Gorgeous built in closets in master and guest bedrooms. Lakeside is a wonderful community, featuring 2 heated pools, spa hot-tub, 5 har-tru tennis courts, pickleball, and shuffleboard. Old-style clubhouse, with library and internet, perfect for study time. You may also troll around the 40-acre lake, in your electric boat. Come enjoy all Lakeside has to offer. Seller is offering a $2,000.00 credit to buyer at closing, for them to use as they wish. Bring your most fussy buyers, you will be pleasantly surprised!

  12. 2019-04-05
    listed $199,900 Active 1071-char remark
    Show marketing remark (1071 chars)

    MAJOR PRICE REDUCTION! Seller wants offers. Welcome home to this 2 Bedroom, 2 Bath top floor condo, in Lakeside. This unit has a villa feel to it, with split bedrooms, for guest privacy. There are only 4 units in this cluster, for additional privacy. This unit has vaulted ceilings, and has been completely updated, with hardwood flooring and tile on the diagonal throughout. Kitchen features include pristine white granite countertops, and stainless steel appliances. New energy efficient tankless water heater, and Goodman A/C unit, with Nest thermostat. Gorgeous built in closets in master and guest bedrooms. Lakeside is a wonderful community, featuring 2 heated pools, spa hot-tub, 5 har-tru tennis courts, pickleball, and shuffleboard. Old-style clubhouse, with library and internet, perfect for study time. You may also troll around the 40-acre lake, in your electric boat. Come enjoy all Lakeside has to offer. Seller is offering a $2,000.00 credit to buyer at closing, for them to use as they wish. Bring your most fussy buyers, you will be pleasantly surprised!

  13. 2019-03-29
    status Pending With Contingencies
  14. 2019-03-29
    historical
  15. 2019-03-29
    status Pending
  16. 2019-03-26
    price $199,000
  17. 2019-03-11
    listed $229,900 Active
  18. 2013-03-06
    soldstatus $122,500
  19. 2013-02-28
    soldstatus $122,500
  20. 2012-03-27
    listed $129,999
  21. 2011-03-25
    listed $135,000
  22. 2010-02-05
    listed $145,000
  23. 2008-12-11
    listed $155,000
  24. 2004-04-22
    soldstatus $142,000
  25. 2001-02-16
    soldstatus $103,000
  26. 1991-07-01
    soldstatus $79,900

ⓘ 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
$2,643 · $220/mo
Projected year-2 tax
$2,643 · $220/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$52,132
− Mortgage interest
−$12,043
− Property taxes
−$2,643
− Insurance
−$1,075
− Repairs & maintenance
−$4,171
− Management
−$4,171
− HOA
−$8,880
− Depreciation
−$6,255
Taxable income
$12,895
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$3,095
After-tax cash flow
$11,962/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
Collier
NCES district ID
1200330
Math proficiency
60% ▼ -4.00%
Reading proficiency
56% ▼ -2.00%
Median HH income
$58,275
Composite
50.23/100
National rank
#1892
State rank
#16 of 73 in FL

Livability — Pelican Marsh

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

Census & demographics

County
Collier County · 396,295 people
Metro
Naples-Marco Island, FL
Population (ZIP)
27,273
Household income
$92,259
Rent vs Own
33.3% rent · 66.7% own
Severe rent burden
1712.0

Population outlook (Collier County) Hauer SSP2

Today (2025)
420,858 people
By 2030
450,054 · +6.9%
By 2040
502,232 · +19.3%
By 2050
544,932 · +29.5%
By 2075
627,203 · +49.0%
By 2100
659,015 · +56.6%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (78%)
Race & ethnicity
White 78% Hispanic / Latino 11% Two or more races 9% Black 4% Asian 4%
Hispanic origin (detail)
Mexican 1% Puerto Rican 1% Cuban 3%
Common ancestry
Romanian 5% Scotch-Irish 3% Lithuanian 2%
Foreign-born
20% · Canada, Jamaica, Vietnam
Languages at home
77% English-only · Spanish 10% Other Indo-European 5% Russian/Polish/Slavic 3%

Political lean MEDSL · Collier

2024 margin
Solid R (+33.1) · D 33.1% · R 66.2%
2008→2024 swing
-10.6pp toward R · 2008: -22.5pp · 2024: -33.1pp
All cycles
2024: R+33.1 2020: R+24.7 2016: R+26.0 2012: R+30.1 2008: R+22.5

Not yet ingested

Civics

Market trends

HPI YoY
▲ 0.29%
Current HPI
279.357
Rent YoY
▲ 0.92%
Metro
Naples-Marco Island, FL
State GDP YoY
▲ 3.28%
F500 in state
36

Industry mix (Fortune 500 HQ in FL)

Industry F500 HQs Revenue

Price history

+169.1% since first listed
24 events — show timeline
  • 2026-04-24 Pending NAPLESMLS
  • 2026-04-24 Pending MIML
  • 2026-04-22 Price Changed $215,000 NAPLESMLS
  • 2026-04-21 Price Changed $215,000 MIML
  • 2026-03-05 Listed $225,000 MIML
  • 2026-03-05 Listed $225,000 NAPLESMLS
  • 2019-05-22 Sold (Public Records) $199,000 Public Records
  • 2019-05-17 Sold (MLS) $199,000 NAPLESMLS
  • 2019-04-05 Pending NAPLESMLS
  • 2019-04-05 Listed $199,900 NAPLESMLS
  • 2019-03-29 Pending NAPLESMLS
  • 2019-03-29 Listing Removed NAPLESMLS
  • 2019-03-29 Pending NAPLESMLS
  • 2019-03-26 Price Changed $199,000 NAPLESMLS
  • 2019-03-11 Listed $229,900 NAPLESMLS
  • 2013-03-06 Sold (Public Records) $122,500 Public Records
  • 2013-02-28 Sold (MLS) $122,500 NAPLESMLS
  • 2012-03-27 Listed $129,999 NAPLESMLS
  • 2011-03-25 Listed $135,000 NAPLESMLS
  • 2010-02-05 Listed $145,000 NAPLESMLS
  • 2008-12-11 Listed $155,000 NAPLESMLS
  • 2004-04-22 Sold (Public Records) $142,000 Public Records
  • 2001-02-16 Sold (Public Records) $103,000 Public Records
  • 1991-07-01 Sold (Public Records) $79,900 Public Records

Property tax history

+7.4%/yr

Latest (2025): $2,643 · -1.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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