505 Broad Ave S #505 · Naples, FL 34102

$659,000

2 bd · 2.0 ba · 836 sqft · Condo public records · 125 Days on market

Built 1971 $673/mo HOA · 13% of rent

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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).

• Cash flow +7.9/30.0
• ARV discount +7.5/15.0
• Appreciation +7.0/10.0
• Schools +5.0/10.0
• Rent growth +4.7/5.0
• Livability +4.0/5.0
• 1% rule +2.9/10.0
• Condition / age +2.5/5.0
• DSCR +2.0/10.0

Listing remarks MLS

Enjoy paradise. Rarely available. .. completely renovated end unit with Southern sun exposure beaming throughout. Enjoy your morning cup of coffee from your cozy lanai or take a stroll to the white sandy beaches on the Gulf of Mexico. This charming open floor plan is nestled in the heart of downtown Naples just 2 blocks from fine dining, the Farmers Market on Third, and conveniently located to world class shopping on 5th Ave. South. The fresh neutral pallet is airy and light making it feel spacious with plenty of room for guests. Whether you are a snowbird looking for an escape from the cold or a year around beach enthusiast. .. this condo is move in ready with plantation shutters throughout and hurricane impact windows adding to the quiet and peaceful lifestyle.

Key facts

• Plantation shutters
• Tile flooring
• Fully furnished

Tags

• WELL MAINTAINED COMMUNITY
• TWO BLOCKS FROM SHOPS
• SHORT STROLL TO BEACHES
• FULLY FURNISHED
• TILE FLOORING
• PLANTATION SHUTTERS

Property features AI

Finance

• Other: Part of a complex with 18 units (2 units per floor); Subdivision/complex: SOUTHWINDS APTS OF NAPLES; Development: OLDE NAPLES; Property has deeded and architectural restrictions
• HOA & community: Quarterly condo fee (amount listed in records); HOA covers cable, insurance, irrigation water, lawn/land maintenance, legal/accounting, exterior pest control, sewer, trash removal, and water; Professional management; Amenities include extra storage and internet access; Non-gated community; Total annual recurring HOA fees listed in records; One-time fees may apply (amount listed in records)

Exterior

• Parking: 1 assigned parking space; Paved driveway; Guest parking
• Security: Impact resistant windows
• Utilities: Central water; Central sewer; Cable available
• Home design: Residential property; Low-rise building (1-3 stories); 2-story corner end-unit; Rear exposure faces southwest
• Construction: Concrete block construction; Stucco exterior finish; Built-up or flat roof; Built in 1971; Foundation details not specified
• Exterior features: Courtyard; Automatic sprinkler system; Water feature/display; Landscaped views; Central irrigation

Interior

• Kitchen: Island; Pantry; Dishwasher; Disposal; Microwave; Range; Refrigerator/ice maker; Self-cleaning oven
• Bedrooms: 2 bedrooms (split bedroom layout)
• Flooring: Tile
• Bathrooms: 2 full bathrooms; Master bath with shower only
• Heating & cooling: Central electric heat; Central electric air conditioning; Ceiling fans
• Interior features: Built-in cabinets; Cable prewire; High-speed internet available; Smoke detectors; Walk-in closet; Window coverings; Great room floor plan; Furnished
• Laundry & utility: Washer and dryer in residence

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $659k.

Deal economics

• At list price, monthly cash flow is $-1k ($-13k/yr) — negative.
• To cash-flow at today's rent, offer at most $461k (30.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $517k (21.5% below list).
• Recommended offer: $461k (30.1% below list) — sets the bar for cash-flow.

Location & tenants

• Location reads 80/100 on livability (#126 in FL, #1,903 nationally) — a professional / high-income tenant draw. Strengths: crime A+, amenities A+, employment A+; Watch: commute D+, cost of living F.
• 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.
• Market conditions: Rents rising fast (+8.8%/yr); 614 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 3,520 units permitted in Collier County in 2024 (959 in 5+ unit buildings).
• At $5,175/mo this rent would consume 47% of the median local household income ($131k/yr) (locally 333% 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 $31k of equity ($5k loan paydown + $27k appreciation (4.1% local appreciation)).
• Collier County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$51k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 125 days — a 12% lower offer ($580k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 9y ago; this cycle's ask has dropped $91k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $475k; 39% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo.
• 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→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $460,902 (30.1% 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 125 days. Have you received any prior offers? Is the seller open to a 30% concession, seller financing, or rate buy-down credit?
3. Built in 1971 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
5. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
6. 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?
7. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
8. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
9. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
10. 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?
11. 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.
12. 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.
13. 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: 0.79% ✗
• Cap rate: 5.03%
• Cash-on-cash: -4.52%
• DSCR: 0.80
• GRM: 10.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

4.08% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: 6.4%
• Equity multiple: 1.40×
• Total profit: $74,359
• Equity at exit: $337,344

10-year hold

• IRR: 11.1%
• Equity multiple: 3.01×
• Total profit: $371,022
• Equity at exit: $554,338

Cash invested: $184,520 (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 34102

• Home prices YoY: 1.3%
• Rents YoY: 8.8%
• Active inventory: 614
• Price-to-rent: 10.6×

Monthly cashflow live

• Estimated rent: $5,175 medium
• Mortgage (P&I): −$3,456
• Tax from tax record: −$379 /mo · $4,552/yr
• Insurance: −$275
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$673
• Vacancy / Maint / Mgmt: −$1,087
• Net cashflow: $-1,121

Break-even live

Break-even rent $6,594

Max offer price $460,902

Occupancy floor —

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: $164,750
• Closing costs: $19,770
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
546 Broad Ave S #546 Naples, FL	2.0	2.0	890	$4,800	$5.39	23d	1	0.07mi
404 Broad Ave S Unit H404 Naples, FL	2.0	2.0	890	$9,995	$11.23	23d	1	0.10mi
473 12th Ave S Naples, FL	1.0–2.0	1.0–2.0	700	$7,200	$10.29	23d	2	0.10mi
421 12th Ave S Unit A1 Naples, FL	2.0	1.0	760	$6,400	$8.42	14d	1	0.12mi
636 Broad Ave S Unit 1259386P Naples, FL	2.0	2.0	882	$4,307	$4.88	14d	1	0.13mi
609 12th Ave S #609 Naples, FL	2.0	2.0	860	$8,000	$9.30	23d	1	0.14mi
960 7th St S #103 Naples, FL	1.0	1.0	534	$5,000	$9.36	23d	1	0.20mi
940 3rd St S Naples, FL	1.0–2.0	1.0–2.0	870	$3,995	$4.59	23d	2	0.28mi
351 8th Ave S #351 Naples, FL	2.0	2.0	930	$4,000	$4.30	23d	1	0.34mi
291 8th Ave S Unit 291A Naples, FL	1.0	1.0	550	$3,900	$7.09	23d	1	0.37mi
1295 Gulf Shore Blvd S #218 Naples, FL	2.0	2.0	662	$10,479	$15.83	23d	1	0.38mi
250 7th Ave S #301 Naples, FL	2.0	2.0	1000	$10,000	$10.00	23d	1	0.40mi
666 3rd St S Naples, FL	1.0–2.0	1.0–2.0	932	$8,000	$8.58	14d	2	0.43mi
950 7th Ave S #23 Naples, FL	1.0	1.0	631	$3,250	$5.15	14d	1	0.50mi
980 7th Ave S Naples, FL	1.0	1.0	540	$7,500	$13.89	23d	2	0.52mi
365 5th Ave S #303 Naples, FL	2.0	2.0	1090	$13,000	$11.93	23d	1	0.54mi
480 5th St S #102 Naples, FL	1.0	1.0	600	$6,500	$10.83	23d	1	0.56mi
540 4th Ave S #13 Naples, FL	1.0	1.0	580	$5,000	$8.62	23d	1	0.56mi
1100 8th Ave S Naples, FL	2.0	2.0	1218	$9,000	$7.39	14d	5	0.57mi
388 4th Ave S #388 Naples, FL	2.0	2.0	965	$13,000	$13.47	23d	1	0.58mi
296 4th Ave S #296 Naples, FL	2.0	2.5	1120	$2,950	$2.63	21d	1	0.61mi
175 5th Ave S Naples, FL	2.0	2.0	732	$14,000	$19.13	23d	2	0.61mi
230 3rd Ave S #4 Naples, FL	2.0	2.5	978	$12,000	$12.27	23d	1	0.68mi
284 4th St S #103 Naples, FL	2.0	2.0	979	$9,000	$9.19	23d	1	0.69mi
282 4th St S Naples, FL	2.0	2.0	1058	$11,000	$10.40	23d	1	0.69mi
290 4th St S #202 Naples, FL	2.0	2.0	1058	$10,000	$9.45	23d	1	0.69mi
286 4th St S #203 Naples, FL	2.0	2.0	1058	$10,000	$9.45	23d	1	0.69mi
805 River Point Dr Unit 307C Naples, FL	1.0	1.0	816	$2,700	$3.31	23d	1	0.76mi
803 River Point Dr Unit 201B Naples, FL	1.0	1.0	715	$2,300	$3.22	23d	1	0.77mi
1360 Chesapeake Ave Unit 1372 Naples, FL	1.0	1.0	600	$1,850	$3.08	23d	1	0.77mi
801 River Point Dr Unit 303A Naples, FL	1.0	1.0	815	$5,000	$6.13	21d	1	0.78mi
1395 Curlew Ave Unit 4-3 Naples, FL	2.0	2.0	975	$7,000	$7.18	23d	1	0.79mi
1435 Curlew Ave #1 Naples, FL	2.0	2.0	975	$2,850	$2.92	23d	1	0.83mi
1435 Curlew Ave #1 Naples, FL	2.0	2.0	975	$2,850	$2.92	21d	1	0.83mi
101 8th St S Naples, FL	1.0	1.0–2.0	940	$12,600	$13.40	23d	4	0.83mi
101 8th St S Naples, FL	1.0	1.0–2.0	940	$12,600	$13.40	14d	4	0.83mi
450 Bayfront Pl Naples, FL	1.0–3.0	1.0–2.5	1324	$8,750	$6.61	23d	6	0.86mi
766 Central Ave Naples, FL	2.0–3.0	2.0	943	$5,000	$5.30	13d	4	0.87mi
766 Central Ave Naples, FL	2.0–3.0	2.0	855	$6,300	$7.37	21d	3	0.87mi
1555 Blue Point Ave Unit 3 Naples, FL	2.0	2.0	1025	$1,745	$1.70	14d	1	0.88mi

HOA detail condo

• Monthly dues: $673 · $8,076/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 32 events

1. 2026-06-18
   days on market $659,000 Active 125 DOM
2. 2026-06-17
   days on market $659,000 Active 124 DOM
3. 2026-06-16
   days on market $659,000 Active 123 DOM
4. 2026-06-15
   days on market $659,000 Active 122 DOM
5. 2026-06-14
   days on market $659,000 Active 120 DOM
6. 2026-06-10
   days on market $659,000 Active 117 DOM
7. 2026-06-09
   days on market $659,000 Active 116 DOM
8. 2026-06-08
   days on market $659,000 Active 115 DOM
9. 2026-06-07
   days on market $659,000 Active 114 DOM
10. 2026-06-03
    days on market $659,000 Active 110 DOM
11. 2026-06-02
    days on market $659,000 Active 109 DOM
12. 2026-06-01
    days on market $659,000 Active 108 DOM
13. 2026-05-31
    days on market $659,000 Active 107 DOM
14. 2026-05-30
    days on market $659,000 Active 106 DOM
15. 2026-05-18
    price $659,000
16. 2026-04-17
    price $699,000
17. 2026-02-13
    listed $750,000 Active
18. 2020-09-17
    soldstatus $475,000
19. 2020-09-15
    soldstatus $475,000 Sold 773-char remark

    Show marketing remark (773 chars)

    Enjoy paradise. Rarely available. .. completely renovated end unit with Southern sun exposure beaming throughout. Enjoy your morning cup of coffee from your cozy lanai or take a stroll to the white sandy beaches on the Gulf of Mexico. This charming open floor plan is nestled in the heart of downtown Naples just 2 blocks from fine dining, the Farmers Market on Third, and conveniently located to world class shopping on 5th Ave. South. The fresh neutral pallet is airy and light making it feel spacious with plenty of room for guests. Whether you are a snowbird looking for an escape from the cold or a year around beach enthusiast. .. this condo is move in ready with plantation shutters throughout and hurricane impact windows adding to the quiet and peaceful lifestyle.

20. 2020-08-31
    status Pending 773-char remark

    Show marketing remark (773 chars)

    Enjoy paradise. Rarely available. .. completely renovated end unit with Southern sun exposure beaming throughout. Enjoy your morning cup of coffee from your cozy lanai or take a stroll to the white sandy beaches on the Gulf of Mexico. This charming open floor plan is nestled in the heart of downtown Naples just 2 blocks from fine dining, the Farmers Market on Third, and conveniently located to world class shopping on 5th Ave. South. The fresh neutral pallet is airy and light making it feel spacious with plenty of room for guests. Whether you are a snowbird looking for an escape from the cold or a year around beach enthusiast. .. this condo is move in ready with plantation shutters throughout and hurricane impact windows adding to the quiet and peaceful lifestyle.

21. 2020-08-07
    status Pending With Contingencies 773-char remark

    Show marketing remark (773 chars)

    Enjoy paradise. Rarely available. .. completely renovated end unit with Southern sun exposure beaming throughout. Enjoy your morning cup of coffee from your cozy lanai or take a stroll to the white sandy beaches on the Gulf of Mexico. This charming open floor plan is nestled in the heart of downtown Naples just 2 blocks from fine dining, the Farmers Market on Third, and conveniently located to world class shopping on 5th Ave. South. The fresh neutral pallet is airy and light making it feel spacious with plenty of room for guests. Whether you are a snowbird looking for an escape from the cold or a year around beach enthusiast. .. this condo is move in ready with plantation shutters throughout and hurricane impact windows adding to the quiet and peaceful lifestyle.

22. 2020-07-17
    listed $489,000 Active 773-char remark

    Show marketing remark (773 chars)

    Enjoy paradise. Rarely available. .. completely renovated end unit with Southern sun exposure beaming throughout. Enjoy your morning cup of coffee from your cozy lanai or take a stroll to the white sandy beaches on the Gulf of Mexico. This charming open floor plan is nestled in the heart of downtown Naples just 2 blocks from fine dining, the Farmers Market on Third, and conveniently located to world class shopping on 5th Ave. South. The fresh neutral pallet is airy and light making it feel spacious with plenty of room for guests. Whether you are a snowbird looking for an escape from the cold or a year around beach enthusiast. .. this condo is move in ready with plantation shutters throughout and hurricane impact windows adding to the quiet and peaceful lifestyle.

23. 2017-06-14
    soldstatus $420,000
24. 2017-06-07
    soldstatus $420,000 Sold 619-char remark

    Show marketing remark (619 chars)

    Rarely available 2 bedroom, 2 bath end unit with cozy lanai! Southern exposure comes beaming in all areas of the kitchen, living room, lanai and master bedroom! Completely renovated unit. .. walls, ceilings, floors, kitchen, baths, bedrooms. .every inch of the interior has been renovated inside. Hurricane impact windows throughout adds to the quiet interior. Lovely furnishings are negotiable. Fabulous location in the heart of downtown Naples, only 2 blocks from Third Street and 5 blocks to the beach! Very open floor plan with walls removed in the kitchen/living area. Better hurry to this one, won't last long!

25. 2017-05-31
    status Pending 619-char remark

    Show marketing remark (619 chars)

    Rarely available 2 bedroom, 2 bath end unit with cozy lanai! Southern exposure comes beaming in all areas of the kitchen, living room, lanai and master bedroom! Completely renovated unit. .. walls, ceilings, floors, kitchen, baths, bedrooms. .every inch of the interior has been renovated inside. Hurricane impact windows throughout adds to the quiet interior. Lovely furnishings are negotiable. Fabulous location in the heart of downtown Naples, only 2 blocks from Third Street and 5 blocks to the beach! Very open floor plan with walls removed in the kitchen/living area. Better hurry to this one, won't last long!

26. 2017-05-20
    status Pending With Contingencies 619-char remark

    Show marketing remark (619 chars)

    Rarely available 2 bedroom, 2 bath end unit with cozy lanai! Southern exposure comes beaming in all areas of the kitchen, living room, lanai and master bedroom! Completely renovated unit. .. walls, ceilings, floors, kitchen, baths, bedrooms. .every inch of the interior has been renovated inside. Hurricane impact windows throughout adds to the quiet interior. Lovely furnishings are negotiable. Fabulous location in the heart of downtown Naples, only 2 blocks from Third Street and 5 blocks to the beach! Very open floor plan with walls removed in the kitchen/living area. Better hurry to this one, won't last long!

27. 2017-05-17
    status Active 619-char remark

    Show marketing remark (619 chars)

    Rarely available 2 bedroom, 2 bath end unit with cozy lanai! Southern exposure comes beaming in all areas of the kitchen, living room, lanai and master bedroom! Completely renovated unit. .. walls, ceilings, floors, kitchen, baths, bedrooms. .every inch of the interior has been renovated inside. Hurricane impact windows throughout adds to the quiet interior. Lovely furnishings are negotiable. Fabulous location in the heart of downtown Naples, only 2 blocks from Third Street and 5 blocks to the beach! Very open floor plan with walls removed in the kitchen/living area. Better hurry to this one, won't last long!

28. 2017-05-09
    status Pending With Contingencies 619-char remark

    Show marketing remark (619 chars)

    Rarely available 2 bedroom, 2 bath end unit with cozy lanai! Southern exposure comes beaming in all areas of the kitchen, living room, lanai and master bedroom! Completely renovated unit. .. walls, ceilings, floors, kitchen, baths, bedrooms. .every inch of the interior has been renovated inside. Hurricane impact windows throughout adds to the quiet interior. Lovely furnishings are negotiable. Fabulous location in the heart of downtown Naples, only 2 blocks from Third Street and 5 blocks to the beach! Very open floor plan with walls removed in the kitchen/living area. Better hurry to this one, won't last long!

29. 2017-04-11
    price $449,000 619-char remark

    Show marketing remark (619 chars)

    Rarely available 2 bedroom, 2 bath end unit with cozy lanai! Southern exposure comes beaming in all areas of the kitchen, living room, lanai and master bedroom! Completely renovated unit. .. walls, ceilings, floors, kitchen, baths, bedrooms. .every inch of the interior has been renovated inside. Hurricane impact windows throughout adds to the quiet interior. Lovely furnishings are negotiable. Fabulous location in the heart of downtown Naples, only 2 blocks from Third Street and 5 blocks to the beach! Very open floor plan with walls removed in the kitchen/living area. Better hurry to this one, won't last long!

30. 2017-03-15
    listed $465,000 Active 619-char remark

    Show marketing remark (619 chars)

    Rarely available 2 bedroom, 2 bath end unit with cozy lanai! Southern exposure comes beaming in all areas of the kitchen, living room, lanai and master bedroom! Completely renovated unit. .. walls, ceilings, floors, kitchen, baths, bedrooms. .every inch of the interior has been renovated inside. Hurricane impact windows throughout adds to the quiet interior. Lovely furnishings are negotiable. Fabulous location in the heart of downtown Naples, only 2 blocks from Third Street and 5 blocks to the beach! Very open floor plan with walls removed in the kitchen/living area. Better hurry to this one, won't last long!

31. 2014-05-15
    soldstatus $240,000
32. 1997-10-13
    soldstatus $62,000

ⓘ 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: $4,552 · $379/mo
• Projected year-2 tax: $5,470 · $456/mo
• Expected delta: +$917/yr (+$76/mo · 20.2%)

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

Climate risk First Street

• 🌊 Flood 9/10 Extreme FEMA zone AE · 99% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 27 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $62,096
• − Mortgage interest: −$36,914
• − Property taxes: −$4,552
• − Insurance: −$8,414
• − Repairs & maintenance: −$4,968
• − Management: −$4,968
• − HOA: −$8,076
• − Depreciation: −$19,171
• Taxable loss: −$24,967
• Est. tax savings @ 24.0%: +$5,992
• After-tax cash flow: $-7,465/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 — Naples

• Score: 80/100
• State rank: #126
• US rank: #1903

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Naples, FL
• County: Collier County · 396,295 people
• City population: 344,941
• Metro: Naples-Marco Island, FL
• Population (ZIP): 11,179
• Household income: $130,929
• Rent vs Own: 24.1% rent · 75.9% own
• Severe rent burden: 333.0

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 (79%)
• Race & ethnicity: White 79% Hispanic / Latino 9% Two or more races 8% Black 8% Asian 1%
• Hispanic origin (detail): Cuban 6%
• Common ancestry: Hispanic 4% Lithuanian 4% Romanian 4%
• Foreign-born: 17% · Canada, China
• Languages at home: 87% English-only · Spanish 7% French/Haitian/Cajun 4% German/W. Germanic 1%

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: ▲ 4.08%
• Current HPI: 328.2755
• Rent YoY: ▲ 8.75%
• 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
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+962.9% since first listed

18 events — show timeline

• 2026-05-18 Price Changed $659,000 NAPLESMLS
• 2026-04-17 Price Changed $699,000 NAPLESMLS
• 2026-02-13 Listed $750,000 NAPLESMLS
• 2020-09-17 Sold (Public Records) $475,000 Public Records
• 2020-09-15 Sold (MLS) $475,000 NAPLESMLS
• 2020-08-31 Pending — NAPLESMLS
• 2020-08-07 Pending — NAPLESMLS
• 2020-07-17 Listed $489,000 NAPLESMLS
• 2017-06-14 Sold (Public Records) $420,000 Public Records
• 2017-06-07 Sold (MLS) $420,000 NAPLESMLS
• 2017-05-31 Pending — NAPLESMLS
• 2017-05-20 Pending — NAPLESMLS
• 2017-05-17 Relisted — NAPLESMLS
• 2017-05-09 Pending — NAPLESMLS
• 2017-04-11 Price Changed $449,000 NAPLESMLS
• 2017-03-15 Listed $465,000 NAPLESMLS
• 2014-05-15 Sold (Public Records) $240,000 Public Records
• 1997-10-13 Sold (Public Records) $62,000 Public Records

Property tax history

+7.0%/yr

Latest (2025): $4,552 · +6.2% YoY. Source: county tax records.