10018 Sky View Way #804 · Fort Myers, FL 33913

$319,000

3 bd · 2.0 ba · 1,738 sqft · Condo public records · 79 Days on market

Built 2004 $1350/mo HOA · 26% of rent

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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 +23.2/30.0
• 1% rule +10.0/10.0
• ARV discount +7.5/15.0
• DSCR +7.4/10.0
• Livability +4.3/5.0
• Schools +4.1/10.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

BEAUTIFUL CARRIAGE HOME. CLASS A GOLF MEMBERSHIP WITH PURCHASE (GOLF COURSE TOTALLY REDONE --FANTASTIC). NO FLOOD INSURANCE REQUIRED. NEW ROOF. It's located on one of Colonial's SPARKLING LAKES for a beautiful view. Be sure to see this 3 BEDROOM property. It also has 2 FULL BATHS. Just move right in, IT'S TURNKEY. Home can be sold unfurnished if desired. The living room, kitchen, dining room and bath flooring has a VERY ATTRACTIVE TILE. The bedrooms are carpet. The kitchen has WHITE CABINETS, and GRANITE COUNTER TOPS. You'll love the screened lanai, which is a great place to sit and watch the tropical wildlife and plantings. The one car garage has ample space and a 2 car parking space in f

Key facts

• Fitness center
• Community pool
• Community spa

Tags

• NEW ROOF
• SCREENED LANAI
• STORM PROTECTION
• COMMUNITY POOL
• COMMUNITY SPA
• FITNESS CENTER

Property features AI

Finance

• Financial info: Pets allowed conditionally (call); maximum 2 pets up to 100 lbs; breed restrictions on aggressive breeds
• HOA & community: Homeowners association with annual and quarterly fees; Association fees cover management, cable TV, insurance, legal/accounting, grounds maintenance and water; Community amenities include clubhouse, fitness center, pool, golf course, putting greens, bocce court, pickleball, tennis, restaurant, business center, library, private membership and management; Gated community with street lights; 164 units in the community

Exterior

• Parking: Attached garage with garage door opener (1 covered space)
• Security: Gated community with guard; Smoke detectors
• Utilities: Public water; Public sewer; Cable available; Underground utilities; Municipal irrigation source
• Home design: Two-story property; Entry level indicated as 2; PUD zoning; Tile roof
• Construction: Block, concrete and stucco construction
• Exterior features: Lanai, porch and screened porch; Sprinkler/irrigation system; Shutters (manual); Community pool; West exposure; Waterfront on a lake; Private road frontage and privately maintained road; Rectangular lot with automatic sprinklers; Has view

Interior

• Kitchen: Electric cooktop; Range; Self-cleaning oven; Microwave; Dishwasher; Refrigerator; Freezer; Disposal
• Bedrooms: Entry level listed as 2
• Flooring: Carpet; Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning (electric)
• Interior features: Arched, single-hung and sliding windows with window coverings; High ceilings; Living/dining room; Separate shower and bathtub; Window treatments; High-speed internet; Split bedrooms; Furnished
• Laundry & utility: Washer and dryer inside

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath condo listed at $319k.

Deal economics

• At list price, monthly cash flow is $149 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($5k rent vs $319k).
• Recommended offer: $300k (6.0% below list) — sets the bar for market timing.
• Cap rate 8.5% vs local median 3.0% in Fort Myers — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 86/100 on livability (#14 in FL, #383 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, housing A+.
• 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 flat; 811 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; 15,411 units permitted in Lee County in 2024 (4,686 in 5+ unit buildings).
• At $5,099/mo this rent would consume 55% of the median local household income ($110k/yr) (locally 276% 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 $10k 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 79 days — a 6% lower offer ($300k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 2y 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.
• Current owner paid $185k; list at $319k implies a 72% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo; HOA is 26% 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→29/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $299,860 (6.0% below list)

Questions for the listing agent

1. It's been on market 79 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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. 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.
8. 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.
9. 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: 1.60% ✓
• Cap rate: 8.46%
• Cash-on-cash: 7.74%
• DSCR: 1.34
• GRM: 5.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.37% rent growth · sell at horizon

5-year hold

• IRR: -18.0%
• Equity multiple: 0.39×
• Total profit: $-54,221
• Equity at exit: $47,564

10-year hold

• IRR: -22.8%
• Equity multiple: 0.09×
• Total profit: $-81,656
• Equity at exit: $27,581

Cash invested: $89,320 (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 33913

• Home prices YoY: -10.3%
• Rents YoY: 0.4%
• Active inventory: 811
• Price-to-rent: 5.2×

Monthly cashflow live

• Estimated rent: $5,099 high
• Mortgage (P&I): −$1,673
• Tax from tax record: −$296 /mo · $3,555/yr
• Insurance: −$133
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$1,350
• Vacancy / Maint / Mgmt: −$1,071
• Net cashflow: $149

Break-even live

Break-even rent $4,910

Max offer price $319,000

Occupancy floor 92%

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: $79,750
• Closing costs: $9,570
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
10053 Majestic Ave Fort Myers, FL	2.0	2.0	1692	$7,400	$4.37	23d	1	0.09mi
10063 Majestic Ave Fort Myers, FL	2.0	2.0	1692	$7,100	$4.20	23d	1	0.10mi
9639 Hemingway Ln #3505 Fort Myers, FL	2.0	2.0	1234	$4,800	$3.89	23d	1	0.14mi
9661 Hemingway Ln #3207 Fort Myers, FL	2.0	2.0	1300	$3,900	$3.00	3d	1	0.21mi
9582 Hemingway Ln #3403 Fort Myers, FL	2.0	2.0	1385	$5,400	$3.90	14d	1	0.24mi
9582 Hemingway Ln #3403 Fort Myers, FL	2.0	2.0	1385	$5,400	$3.90	23d	1	0.24mi
9582 Hemingway Ln #3402 Fort Myers, FL	2.0	2.0	1382	$5,500	$3.98	23d	1	0.24mi
9667 Hemingway Ln Unit 3107 Fort Myers, FL	2.0	2.0	1209	$4,900	$4.05	23d	1	0.25mi
10018 Oakhurst Way Fort Myers, FL	3.0	2.0	1512	$2,975	$1.97	23d	1	0.36mi
10025 Oakhurst Way Fort Myers, FL	2.0	2.0	1504	$7,100	$4.72	23d	1	0.40mi
9918 Horse Creek Rd Fort Myers, FL	3.0	2.0	1510	$2,200	$1.46	23d	1	0.51mi
10020 Horse Creek Rd Fort Myers, FL	2.0	2.0	1692	$2,500	$1.48	23d	1	0.52mi
11029 Mill Creek Way #405 Fort Myers, FL	2.0	2.0	1749	$2,500	$1.43	23d	1	0.52mi
11011 Mill Creek Way #1307 Fort Myers, FL	2.0	2.0	1379	$5,000	$3.63	23d	1	0.55mi
11041 Iron Horse Way Fort Myers, FL	2.0	2.0	1692	$4,000	$2.36	23d	1	0.55mi
11033 Mill Creek Way #202 Fort Myers, FL	2.0	2.0	1379	$5,400	$3.92	23d	1	0.56mi
11012 Mill Creek Way #2205 Fort Myers, FL	2.0	2.0	1749	$5,500	$3.14	23d	1	0.58mi
10072 Oakhurst Way Fort Myers, FL	2.0	2.0	1511	$7,400	$4.90	23d	1	0.59mi
10074 Oakhurst Way Fort Myers, FL	3.0	2.0	1727	$7,500	$4.34	23d	1	0.60mi
10112 Colonial Country Club Blvd #209 Fort Myers, FL	2.0	2.0	1530	$5,000	$3.27	23d	1	0.60mi
10130 Colonial Country Club Blvd #707 Fort Myers, FL	2.0	2.0	1116	$4,900	$4.39	23d	1	0.61mi
10128 Colonial Country Club Blvd #602 Fort Myers, FL	2.0	2.0	1530	$4,600	$3.01	23d	1	0.61mi
10111 Colonial Country Club Blvd #2308 Fort Myers, FL	2.0	2.0	1309	$2,000	$1.53	11d	1	0.64mi
10092 Oakhurst Way Fort Myers, FL	2.0	2.0	1505	$6,700	$4.45	19d	1	0.64mi
10121 Colonial Country Club Blvd #1802 Fort Myers, FL	2.0	2.0	1530	$4,800	$3.14	3d	1	0.67mi
10960 Cherry Laurel Dr Fort Myers, FL	4.0	3.0	2032	$4,000	$1.97	23d	1	0.68mi
9453 River Otter Dr Fort Myers, FL	4.0	3.0	2032	$2,995	$1.47	3d	1	0.76mi
10514 Bella Vista Dr Fort Myers, FL	3.0	2.0	1823	$6,500	$3.57	23d	1	0.76mi
10510 Amiata Way #302 Fort Myers, FL	2.0	2.0	1245	$4,900	$3.94	23d	1	0.80mi
11075 Lancewood St Fort Myers, FL	3.0	2.0	1575	$2,300	$1.46	15d	1	0.80mi
11075 Lancewood St Fort Myers, FL	3.0	2.0	1575	$2,300	$1.46	23d	1	0.80mi
11280 Reflection Isles Blvd Fort Myers, FL	3.0	2.0	1670	$3,500	$2.10	23d	1	0.88mi
10602 Camarelle Cir Fort Myers, FL	2.0	2.0	1690	$5,500	$3.25	23d	1	0.89mi
10530 Amiata Way #103 Fort Myers, FL	2.0	2.0	1248	$2,200	$1.76	23d	1	0.89mi
10280 Crepe Jasmine Ln Unit 1546286P Fort Myers, FL	3.0	2.0	1571	$4,526	$2.88	15d	1	0.94mi
10281 Via Colomba Cir Fort Myers, FL	3.0	2.5	1934	$2,100	$1.09	3d	1	0.94mi
8892 Via Isola Ct Fort Myers, FL	3.0	2.5	1942	$2,000	$1.03	14d	1	0.98mi
10518 Avila Cir Fort Myers, FL	2.0	2.0	1466	$6,500	$4.43	3d	1	1.00mi
10518 Avila Cir Fort Myers, FL	2.0	2.0	1466	$6,500	$4.43	23d	1	1.00mi
9851 6 Mile Cypress Pkwy Fort Myers, FL	3.0	1.0–2.0	1040	$2,437	$2.34	1d	42	1.03mi

HOA detail condo

• Monthly dues: $1,350 · $16,200/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 28 events

1. 2026-06-17
   days on market $319,000 Active 79 DOM
2. 2026-06-16
   days on market $319,000 Active 78 DOM
3. 2026-06-15
   days on market $319,000 Active 77 DOM
4. 2026-06-13
   days on market $319,000 Active 75 DOM
5. 2026-06-10
   days on market $319,000 Active 72 DOM
6. 2026-06-09
   days on market $319,000 Active 71 DOM
7. 2026-06-07
   days on market $319,000 Active 69 DOM
8. 2026-06-03
   days on market $319,000 Active 65 DOM
9. 2026-06-02
   days on market $319,000 Active 64 DOM
10. 2026-06-01
    days on market $319,000 Active 63 DOM
11. 2026-06-01
    days on market $319,000 Active 62 DOM
12. 2026-05-13
    price $319,000
13. 2026-03-30
    listed $329,900 Active
14. 2025-12-17
    historical
15. 2025-11-14
    listed $324,900 Active
16. 2025-04-13
    historical
17. 2025-01-28
    price $340,000
18. 2024-11-22
    price $364,000
19. 2024-10-14
    price $374,900
20. 2024-09-14
    status Active
21. 2024-05-26
    historical
22. 2024-03-23
    listed $379,900 Active
23. 2014-05-02
    soldstatus $185,000
24. 2014-05-02
    price $189,000
25. 2014-05-02
    soldstatus $185,000
26. 2002-07-17
    soldstatus $30,000,000
27. 1999-11-16
    soldstatus $1,476,200
28. 1999-09-30
    soldstatus $112,000

ⓘ 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: $3,555 · $296/mo
• Projected year-2 tax: $3,555 · $296/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 1/10 Low FEMA zone AE · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 29 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $61,183
• − Mortgage interest: −$17,869
• − Property taxes: −$3,555
• − Insurance: −$6,714
• − Repairs & maintenance: −$4,895
• − Management: −$4,895
• − HOA: −$16,200
• − Depreciation: −$9,280
• Taxable loss: −$2,223
• Est. tax savings @ 24.0%: +$534
• After-tax cash flow: $2,326/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 — Fort Myers

• Score: 86/100
• State rank: #14
• US rank: #383

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Fort Myers, FL
• County: Lee County · 788,662 people
• City population: 278,598
• Metro: Cape Coral-Fort Myers, FL
• Population (ZIP): 31,538
• Household income: $110,373
• Rent vs Own: 9.5% rent · 90.5% own
• Severe rent burden: 276.0

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 (74%)
• Race & ethnicity: White 74% Hispanic / Latino 13% Two or more races 11% Black 5% Asian 2%
• Hispanic origin (detail): Mexican 3% Puerto Rican 3% Cuban 2%
• Common ancestry: Romanian 5% Lithuanian 3% Slovak 2%
• Foreign-born: 14% · Canada, Vietnam, China
• Languages at home: 84% English-only · Spanish 10% Other Indo-European 2% French/Haitian/Cajun 2%

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: ▼ -25.45%
• Current HPI: 221.7115
• Rent YoY: ▲ 0.37%
• 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

+184.8% since first listed

17 events — show timeline

• 2026-05-13 Price Changed $319,000 FORTMLS
• 2026-03-30 Listed $329,900 FORTMLS
• 2025-12-17 Listing Removed — FORTMLS
• 2025-11-14 Listed $324,900 FORTMLS
• 2025-04-13 Listing Removed — FORTMLS
• 2025-01-28 Price Changed $340,000 FORTMLS
• 2024-11-22 Price Changed $364,000 FORTMLS
• 2024-10-14 Price Changed $374,900 FORTMLS
• 2024-09-14 Relisted — FORTMLS
• 2024-05-26 Listing Removed — FORTMLS
• 2024-03-23 Listed $379,900 FORTMLS
• 2014-05-02 Sold (Public Records) $185,000 Public Records
• 2014-05-02 Price Changed $189,000 FORTMLS
• 2014-05-02 Sold (MLS) $185,000 FORTMLS
• 2002-07-17 Sold (Public Records) $30,000,000 Public Records
• 1999-11-16 Sold (Public Records) $1,476,200 Public Records
• 1999-09-30 Sold (Public Records) $112,000 Public Records

Property tax history

+0.3%/yr

Latest (2025): $3,555 · +2.0% YoY. Source: county tax records.