3536 Cherry Blossom Ct #204 · Estero, FL 33928

$439,900

3 bd · 3.0 ba · 2,542 sqft · Condo public records · 212 Days on market

Built 2006 $665/mo HOA · 21% of rent

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Why this score? — see what drove the F 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).

• ARV discount +7.5/15.0
• Cash flow +4.5/30.0
• Schools +4.1/10.0
• Livability +4.0/5.0
• Condition / age +2.5/5.0
• Rent growth +2.1/5.0
• 1% rule +2.0/10.0
• DSCR +0.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

If you work from home, do distance learning (or both!) this condo has all the space you need and more! Open concept but still structured and plenty of spaces for working and learning in peace and quiet. Incredible amount of storage which is a rare bonus, not found in most Florida homes. .. starting from the bottom up. .. a roomy 2-car garage, both a closet AND a mud room in the foyer, laundry room with cabinets and utility sink, large kitchen with a pantry, several linen and hall closets, one massive walk-in storage closet at top of stairs where you can keep all your CostCo purchases, a sitting area off the Master with sliders to spacious lanai, and a HUGE master bath with an oversized walk-in closet. Kitchen has beautiful solid wood cabinet doors with 42" uppers, under-cabinet lighting, backsplash and granite countertops. Updated appliances, light fixtures, shelving, painting and hardware. All tile throughout entire residence, perfect for your furry friends. Pet friendly community allowing up to 2 dogs with combined weight up to 100 pounds. Conveniently located near Coconut Point, FGCU and RSW Airport. HOA includes 100MB+ speed internet, water, pool and building/lawn care.

Key facts

• Juliet balcony
• Renovated kitchen
• $665 HOA

Tags

• REMODELED END UNIT COACH HOME
• RENOVATED KITCHEN
• SPACIOUS SCREENED LANAI
• PRIVATE NATURAL BACKDROP
• JULIET BALCONY
• ACCORDION STORM SHUTTERS

Property features AI

Finance

• Other: Pets allowed conditionally (maximum 2 pets, up to 100 lbs; may require vet report)
• Financial info: Community of 262 units
• HOA & community: Homeowners association (quarterly fee); Association fee includes cable TV, insurance, irrigation water, legal/accounting, grounds maintenance, pest control; Community amenities: clubhouse, fitness center, pool, spa/hot tub, billiards/billiard room, sidewalks, management; Condo hotel community; Gated community; Near hotel/motel

Exterior

• Parking: Attached 2-car garage; Driveway; Paved parking; Garage door opener; Covered parking (2 spaces)
• Security: Security gate; Gated community; Phone entry; Smoke detectors
• Utilities: Public water; Public sewer; Cable available; Underground utilities
• Home design: 2-story property; Entry level: 2; Faces south; Resale property
• Construction: Block, concrete and stucco construction; Tile roof
• Exterior features: Patio; Lanai; Porch (screened); Zero lot line; Paved road access; Lake view / lakefront; North exposure; Has view

Interior

• Kitchen: Dishwasher; Range; Microwave; Refrigerator; Kitchen island; Pantry; Breakfast bar
• Bedrooms: Includes guest quarters
• Flooring: Carpet; Laminate; Tile
• Bathrooms: 2 full bathrooms; 1 half bathroom
• Heating & cooling: Central heating (electric); Central air conditioning (electric); Ceiling fans
• Interior features: Breakfast bar; Built-in features; Bathtub; Tray ceilings; Dual sinks; Entrance foyer; Kitchen island; Living/dining room; Pantry; Separate shower; Cable TV access; Vaulted ceilings; Walk-in closets; Window treatments; Split bedroom floorplan; Single hung windows; Shutters
• Laundry & utility: Inside laundry with laundry tub; Washer; Dryer

What this means for you Summary

Snapshot

• This is a 3-bed/3.0-bath condo listed at $440k.

Deal economics

• At list price, monthly cash flow is $-1k ($-14k/yr) — negative.
• To cash-flow at today's rent, offer at most $239k (45.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $310k (29.6% below list).
• Recommended offer: $239k (45.6% below list) — sets the bar for cash-flow.

Location & tenants

• Location reads 79/100 on livability (#149 in FL, #2,242 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F, cost of living D-.
• Lee (suburban): math 47% / reading 50% proficiency, ranked #42 of 73 in FL (top 58%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents soft (-1.4%/yr); 668 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 15,411 units permitted in Lee County in 2024 (4,686 in 5+ unit buildings).
• This rent runs 36% of the median local income ($103k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $13k 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 212 days — a 12% lower offer ($387k) is reasonable based on typical stale-listing flexibility.
• 9 sale attempts since 10y ago; this cycle's ask has dropped $35k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $290k; list at $440k implies a 52% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: HOA is 21% of rent.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→30/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $239,126 (45.6% 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 212 days. Have you received any prior offers? Is the seller open to a 46% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. 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?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are A-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?
8. 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?
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 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: 0.70% ✗
• Cap rate: 3.19%
• Cash-on-cash: -11.07%
• DSCR: 0.51
• GRM: 11.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -40.6%
• Equity multiple: -0.24×
• Total profit: $-152,364
• Equity at exit: $65,591

10-year hold

• IRR: -93.8%
• Equity multiple: -1.11×
• Total profit: $-259,412
• Equity at exit: $38,035

Cash invested: $123,172 (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 33928

• Rents YoY: -1.4%
• Active inventory: 668
• Price-to-rent: 11.8×

Monthly cashflow live

• Estimated rent: $3,097 high
• Mortgage (P&I): −$2,307
• Tax from tax record: −$428 /mo · $5,133/yr
• Insurance: −$183
• HOA: −$665
• Vacancy / Maint / Mgmt: −$650
• Net cashflow: $-1,137

Break-even live

Break-even rent $4,535

Max offer price $239,126

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: $109,975
• Closing costs: $13,197
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3535 Cherry Blossom Ct #202 Estero, FL	3.0	2.5	2878	$2,800	$0.97	23d	1	0.04mi
3535 Cherry Blossom Ct #102 Estero, FL	3.0	2.5	1917	$2,900	$1.51	23d	1	0.04mi
3610 Lansing Loop #103 Estero, FL	3.0	2.5	1917	$2,800	$1.46	3d	1	0.27mi
22361 Fountain Lakes Blvd Estero, FL	3.0	2.0	1942	$4,000	$2.06	23d	1	0.44mi
22632 Fountain Lakes Blvd Estero, FL	3.0	2.0	1750	$3,000	$1.71	23d	1	0.68mi
21670 Red Latan Way Estero, FL	3.0	2.0	2041	$3,500	$1.71	23d	1	1.17mi
22033 Natures Cove Ct Estero, FL	2.0	2.5	2650	$10,000	$3.77	23d	1	1.18mi
4751 W Bay Blvd #101 Estero, FL	3.0	3.5	2342	$12,500	$5.34	23d	1	1.34mi
21790 Sunset Lake Ct Estero, FL	4.0	2.5	2758	$3,200	$1.16	14d	1	1.34mi
4761 W Bay Blvd #703 Estero, FL	3.0	3.0	2150	$9,000	$4.19	23d	1	1.37mi
23176 Grassy Pine Dr Estero, FL	2.0	2.0	1954	$5,000	$2.56	23d	1	1.38mi

HOA detail condo

• Monthly dues: $665 · $7,980/yr
• Likely covers: waterinternetlandscapingpool
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 31 events

1. 2026-04-02
   price $439,900
2. 2026-03-04
   price $445,000
3. 2026-01-08
   price $449,900
4. 2025-10-30
   listed $475,000 Active
5. 2021-02-04
   soldstatus $289,900
6. 2021-01-20
   soldstatus $289,900 Closed 1197-char remark

   Show marketing remark (1197 chars)

   If you work from home, do distance learning (or both!) this condo has all the space you need and more! Open concept but still structured and plenty of spaces for working and learning in peace and quiet. Incredible amount of storage which is a rare bonus, not found in most Florida homes. .. starting from the bottom up. .. a roomy 2-car garage, both a closet AND a mud room in the foyer, laundry room with cabinets and utility sink, large kitchen with a pantry, several linen and hall closets, one massive walk-in storage closet at top of stairs where you can keep all your CostCo purchases, a sitting area off the Master with sliders to spacious lanai, and a HUGE master bath with an oversized walk-in closet. Kitchen has beautiful solid wood cabinet doors with 42" uppers, under-cabinet lighting, backsplash and granite countertops. Updated appliances, light fixtures, shelving, painting and hardware. All tile throughout entire residence, perfect for your furry friends. Pet friendly community allowing up to 2 dogs with combined weight up to 100 pounds. Conveniently located near Coconut Point, FGCU and RSW Airport. HOA includes 100MB+ speed internet, water, pool and building/lawn care.

7. 2020-12-12
   status Pending 1197-char remark

   Show marketing remark (1197 chars)

   If you work from home, do distance learning (or both!) this condo has all the space you need and more! Open concept but still structured and plenty of spaces for working and learning in peace and quiet. Incredible amount of storage which is a rare bonus, not found in most Florida homes. .. starting from the bottom up. .. a roomy 2-car garage, both a closet AND a mud room in the foyer, laundry room with cabinets and utility sink, large kitchen with a pantry, several linen and hall closets, one massive walk-in storage closet at top of stairs where you can keep all your CostCo purchases, a sitting area off the Master with sliders to spacious lanai, and a HUGE master bath with an oversized walk-in closet. Kitchen has beautiful solid wood cabinet doors with 42" uppers, under-cabinet lighting, backsplash and granite countertops. Updated appliances, light fixtures, shelving, painting and hardware. All tile throughout entire residence, perfect for your furry friends. Pet friendly community allowing up to 2 dogs with combined weight up to 100 pounds. Conveniently located near Coconut Point, FGCU and RSW Airport. HOA includes 100MB+ speed internet, water, pool and building/lawn care.

8. 2020-11-13
   listed $289,900 Active 1197-char remark

   Show marketing remark (1197 chars)

   If you work from home, do distance learning (or both!) this condo has all the space you need and more! Open concept but still structured and plenty of spaces for working and learning in peace and quiet. Incredible amount of storage which is a rare bonus, not found in most Florida homes. .. starting from the bottom up. .. a roomy 2-car garage, both a closet AND a mud room in the foyer, laundry room with cabinets and utility sink, large kitchen with a pantry, several linen and hall closets, one massive walk-in storage closet at top of stairs where you can keep all your CostCo purchases, a sitting area off the Master with sliders to spacious lanai, and a HUGE master bath with an oversized walk-in closet. Kitchen has beautiful solid wood cabinet doors with 42" uppers, under-cabinet lighting, backsplash and granite countertops. Updated appliances, light fixtures, shelving, painting and hardware. All tile throughout entire residence, perfect for your furry friends. Pet friendly community allowing up to 2 dogs with combined weight up to 100 pounds. Conveniently located near Coconut Point, FGCU and RSW Airport. HOA includes 100MB+ speed internet, water, pool and building/lawn care.

9. 2018-12-27
   soldstatus $230,000
10. 2018-12-21
    soldstatus $230,000 Sold 628-char remark

    Show marketing remark (628 chars)

    Sandpiper Floor Plan offering 3 bedrooms, 2.5 bathrooms and a two car garage. Features include: an open floor plan, granite countertops, soaring ceilings, tile throughout the entire home, upgraded cabinets, alarm system, shutters and a lake view. The oversized master suite has a sitting area, walk in closet, soaking tub, his and her vanities and access to the screened lanai. Enjoy the Florida Life Style while relaxing by the community pool or staying fit in the expansive fitness room. Location is everything, Meadows of Estero is close to Naples, Bonita and Ft Myers beaches. Shopping and restaurants are just minutes away.

11. 2018-11-09
    status Pending With Contingencies 628-char remark

    Show marketing remark (628 chars)

    Sandpiper Floor Plan offering 3 bedrooms, 2.5 bathrooms and a two car garage. Features include: an open floor plan, granite countertops, soaring ceilings, tile throughout the entire home, upgraded cabinets, alarm system, shutters and a lake view. The oversized master suite has a sitting area, walk in closet, soaking tub, his and her vanities and access to the screened lanai. Enjoy the Florida Life Style while relaxing by the community pool or staying fit in the expansive fitness room. Location is everything, Meadows of Estero is close to Naples, Bonita and Ft Myers beaches. Shopping and restaurants are just minutes away.

12. 2018-09-20
    status Active 628-char remark

    Show marketing remark (628 chars)

    Sandpiper Floor Plan offering 3 bedrooms, 2.5 bathrooms and a two car garage. Features include: an open floor plan, granite countertops, soaring ceilings, tile throughout the entire home, upgraded cabinets, alarm system, shutters and a lake view. The oversized master suite has a sitting area, walk in closet, soaking tub, his and her vanities and access to the screened lanai. Enjoy the Florida Life Style while relaxing by the community pool or staying fit in the expansive fitness room. Location is everything, Meadows of Estero is close to Naples, Bonita and Ft Myers beaches. Shopping and restaurants are just minutes away.

13. 2018-07-31
    status Pending With Contingencies 628-char remark

    Show marketing remark (628 chars)

    Sandpiper Floor Plan offering 3 bedrooms, 2.5 bathrooms and a two car garage. Features include: an open floor plan, granite countertops, soaring ceilings, tile throughout the entire home, upgraded cabinets, alarm system, shutters and a lake view. The oversized master suite has a sitting area, walk in closet, soaking tub, his and her vanities and access to the screened lanai. Enjoy the Florida Life Style while relaxing by the community pool or staying fit in the expansive fitness room. Location is everything, Meadows of Estero is close to Naples, Bonita and Ft Myers beaches. Shopping and restaurants are just minutes away.

14. 2018-07-02
    status Active 628-char remark

    Show marketing remark (628 chars)

    Sandpiper Floor Plan offering 3 bedrooms, 2.5 bathrooms and a two car garage. Features include: an open floor plan, granite countertops, soaring ceilings, tile throughout the entire home, upgraded cabinets, alarm system, shutters and a lake view. The oversized master suite has a sitting area, walk in closet, soaking tub, his and her vanities and access to the screened lanai. Enjoy the Florida Life Style while relaxing by the community pool or staying fit in the expansive fitness room. Location is everything, Meadows of Estero is close to Naples, Bonita and Ft Myers beaches. Shopping and restaurants are just minutes away.

15. 2018-06-25
    status Pending With Contingencies 628-char remark

    Show marketing remark (628 chars)

    Sandpiper Floor Plan offering 3 bedrooms, 2.5 bathrooms and a two car garage. Features include: an open floor plan, granite countertops, soaring ceilings, tile throughout the entire home, upgraded cabinets, alarm system, shutters and a lake view. The oversized master suite has a sitting area, walk in closet, soaking tub, his and her vanities and access to the screened lanai. Enjoy the Florida Life Style while relaxing by the community pool or staying fit in the expansive fitness room. Location is everything, Meadows of Estero is close to Naples, Bonita and Ft Myers beaches. Shopping and restaurants are just minutes away.

16. 2018-04-24
    status Active 628-char remark

    Show marketing remark (628 chars)

    Sandpiper Floor Plan offering 3 bedrooms, 2.5 bathrooms and a two car garage. Features include: an open floor plan, granite countertops, soaring ceilings, tile throughout the entire home, upgraded cabinets, alarm system, shutters and a lake view. The oversized master suite has a sitting area, walk in closet, soaking tub, his and her vanities and access to the screened lanai. Enjoy the Florida Life Style while relaxing by the community pool or staying fit in the expansive fitness room. Location is everything, Meadows of Estero is close to Naples, Bonita and Ft Myers beaches. Shopping and restaurants are just minutes away.

17. 2018-03-23
    historical 628-char remark

    Show marketing remark (628 chars)

    Sandpiper Floor Plan offering 3 bedrooms, 2.5 bathrooms and a two car garage. Features include: an open floor plan, granite countertops, soaring ceilings, tile throughout the entire home, upgraded cabinets, alarm system, shutters and a lake view. The oversized master suite has a sitting area, walk in closet, soaking tub, his and her vanities and access to the screened lanai. Enjoy the Florida Life Style while relaxing by the community pool or staying fit in the expansive fitness room. Location is everything, Meadows of Estero is close to Naples, Bonita and Ft Myers beaches. Shopping and restaurants are just minutes away.

18. 2018-03-16
    status Active 628-char remark

    Show marketing remark (628 chars)

    Sandpiper Floor Plan offering 3 bedrooms, 2.5 bathrooms and a two car garage. Features include: an open floor plan, granite countertops, soaring ceilings, tile throughout the entire home, upgraded cabinets, alarm system, shutters and a lake view. The oversized master suite has a sitting area, walk in closet, soaking tub, his and her vanities and access to the screened lanai. Enjoy the Florida Life Style while relaxing by the community pool or staying fit in the expansive fitness room. Location is everything, Meadows of Estero is close to Naples, Bonita and Ft Myers beaches. Shopping and restaurants are just minutes away.

19. 2018-03-09
    status Pending With Contingencies 628-char remark

    Show marketing remark (628 chars)

    Sandpiper Floor Plan offering 3 bedrooms, 2.5 bathrooms and a two car garage. Features include: an open floor plan, granite countertops, soaring ceilings, tile throughout the entire home, upgraded cabinets, alarm system, shutters and a lake view. The oversized master suite has a sitting area, walk in closet, soaking tub, his and her vanities and access to the screened lanai. Enjoy the Florida Life Style while relaxing by the community pool or staying fit in the expansive fitness room. Location is everything, Meadows of Estero is close to Naples, Bonita and Ft Myers beaches. Shopping and restaurants are just minutes away.

20. 2017-08-11
    price $255,000 628-char remark

    Show marketing remark (628 chars)

    Sandpiper Floor Plan offering 3 bedrooms, 2.5 bathrooms and a two car garage. Features include: an open floor plan, granite countertops, soaring ceilings, tile throughout the entire home, upgraded cabinets, alarm system, shutters and a lake view. The oversized master suite has a sitting area, walk in closet, soaking tub, his and her vanities and access to the screened lanai. Enjoy the Florida Life Style while relaxing by the community pool or staying fit in the expansive fitness room. Location is everything, Meadows of Estero is close to Naples, Bonita and Ft Myers beaches. Shopping and restaurants are just minutes away.

21. 2017-08-11
    status Active 628-char remark

    Show marketing remark (628 chars)

    Sandpiper Floor Plan offering 3 bedrooms, 2.5 bathrooms and a two car garage. Features include: an open floor plan, granite countertops, soaring ceilings, tile throughout the entire home, upgraded cabinets, alarm system, shutters and a lake view. The oversized master suite has a sitting area, walk in closet, soaking tub, his and her vanities and access to the screened lanai. Enjoy the Florida Life Style while relaxing by the community pool or staying fit in the expansive fitness room. Location is everything, Meadows of Estero is close to Naples, Bonita and Ft Myers beaches. Shopping and restaurants are just minutes away.

22. 2017-06-23
    status Pending With Contingencies 628-char remark

    Show marketing remark (628 chars)

    Sandpiper Floor Plan offering 3 bedrooms, 2.5 bathrooms and a two car garage. Features include: an open floor plan, granite countertops, soaring ceilings, tile throughout the entire home, upgraded cabinets, alarm system, shutters and a lake view. The oversized master suite has a sitting area, walk in closet, soaking tub, his and her vanities and access to the screened lanai. Enjoy the Florida Life Style while relaxing by the community pool or staying fit in the expansive fitness room. Location is everything, Meadows of Estero is close to Naples, Bonita and Ft Myers beaches. Shopping and restaurants are just minutes away.

23. 2017-05-16
    price $284,999 628-char remark

    Show marketing remark (628 chars)

    Sandpiper Floor Plan offering 3 bedrooms, 2.5 bathrooms and a two car garage. Features include: an open floor plan, granite countertops, soaring ceilings, tile throughout the entire home, upgraded cabinets, alarm system, shutters and a lake view. The oversized master suite has a sitting area, walk in closet, soaking tub, his and her vanities and access to the screened lanai. Enjoy the Florida Life Style while relaxing by the community pool or staying fit in the expansive fitness room. Location is everything, Meadows of Estero is close to Naples, Bonita and Ft Myers beaches. Shopping and restaurants are just minutes away.

24. 2017-04-06
    listed $289,000 Active 628-char remark

    Show marketing remark (628 chars)

    Sandpiper Floor Plan offering 3 bedrooms, 2.5 bathrooms and a two car garage. Features include: an open floor plan, granite countertops, soaring ceilings, tile throughout the entire home, upgraded cabinets, alarm system, shutters and a lake view. The oversized master suite has a sitting area, walk in closet, soaking tub, his and her vanities and access to the screened lanai. Enjoy the Florida Life Style while relaxing by the community pool or staying fit in the expansive fitness room. Location is everything, Meadows of Estero is close to Naples, Bonita and Ft Myers beaches. Shopping and restaurants are just minutes away.

25. 2017-03-10
    historical
26. 2017-01-31
    price $289,000
27. 2016-10-27
    price $294,500
28. 2016-08-18
    price $299,000
29. 2016-06-06
    price $309,500
30. 2016-03-19
    price $319,500
31. 2016-02-19
    listed $324,500 Active

ⓘ 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: $5,133 · $428/mo
• Projected year-2 tax: $5,133 · $428/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 X (unshaded) · 13% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 30 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $37,160
• − Mortgage interest: −$24,641
• − Property taxes: −$5,133
• − Insurance: −$2,200
• − Repairs & maintenance: −$2,973
• − Management: −$2,973
• − HOA: −$7,980
• − Depreciation: −$12,797
• Taxable loss: −$21,536
• Est. tax savings @ 24.0%: +$5,169
• After-tax cash flow: $-8,470/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 — Estero

• Score: 79/100
• State rank: #149
• US rank: #2242

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Estero, FL
• County: Lee County · 788,662 people
• City population: 31,926
• Metro: Cape Coral-Fort Myers, FL
• Population (ZIP): 31,926
• Household income: $102,624
• Rent vs Own: 12.6% rent · 87.4% own
• Severe rent burden: 606.0

Population outlook (Lee County) Hauer SSP2

• Today (2025): 871,946 people
• By 2030: 955,468 · +9.6%
• By 2040: 1,113,587 · +27.7%
• By 2050: 1,256,891 · +44.1%
• By 2075: 1,560,270 · +78.9%
• By 2100: 1,726,848 · +98.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (85%)
• Race & ethnicity: White 85% Hispanic / Latino 8% Two or more races 7% Asian 3% Black 1%
• Hispanic origin (detail): Mexican 2% Puerto Rican 2% Cuban 1%
• Common ancestry: Romanian 5% Lithuanian 3% Slovak 2%
• Foreign-born: 11% · Canada, China, Jamaica
• Languages at home: 90% English-only · Spanish 5% Other Indo-European 1% French/Haitian/Cajun 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: ▼ -109.49%
• Current HPI: 197.5913
• Rent YoY: ▼ -1.42%
• 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

+35.6% since first listed

31 events — show timeline

• 2026-04-02 Price Changed $439,900 FORTMLS
• 2026-03-04 Price Changed $445,000 FORTMLS
• 2026-01-08 Price Changed $449,900 FORTMLS
• 2025-10-30 Listed $475,000 FORTMLS
• 2021-02-04 Sold (Public Records) $289,900 Public Records
• 2021-01-20 Sold (MLS) $289,900 FORTMLS
• 2020-12-12 Pending — FORTMLS
• 2020-11-13 Listed $289,900 FORTMLS
• 2018-12-27 Sold (Public Records) $230,000 Public Records
• 2018-12-21 Sold (MLS) $230,000 NAPLESMLS
• 2018-11-09 Pending — NAPLESMLS
• 2018-09-20 Relisted — NAPLESMLS
• 2018-07-31 Pending — NAPLESMLS
• 2018-07-02 Relisted — NAPLESMLS
• 2018-06-25 Pending — NAPLESMLS
• 2018-04-24 Relisted — NAPLESMLS
• 2018-03-23 Listing Removed — NAPLESMLS
• 2018-03-16 Relisted — NAPLESMLS
• 2018-03-09 Pending — NAPLESMLS
• 2017-08-11 Price Changed $255,000 NAPLESMLS
• 2017-08-11 Relisted — NAPLESMLS
• 2017-06-23 Pending — NAPLESMLS
• 2017-05-16 Price Changed $284,999 NAPLESMLS
• 2017-04-06 Listed $289,000 NAPLESMLS
• 2017-03-10 Listing Removed — FORTMLS
• 2017-01-31 Price Changed $289,000 FORTMLS
• 2016-10-27 Price Changed $294,500 FORTMLS
• 2016-08-18 Price Changed $299,000 FORTMLS
• 2016-06-06 Price Changed $309,500 FORTMLS
• 2016-03-19 Price Changed $319,500 FORTMLS
• 2016-02-19 Listed $324,500 FORTMLS

Property tax history

+2.4%/yr

Latest (2025): $5,133 · +4.4% YoY. Source: county tax records.