1034 Collier Ln · Moore Haven, FL 33471

$62,500

2 bd · 2.0 ba · 924 sqft · Manufactured public records · 500 Days on market

Built 1977 8,276 sqft lot $68/sqft · 64% below area

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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 +4.7/10.0
• Livability +3.5/5.0
• Schools +3.3/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Investor or DIY Enthusiast Special! This 2-bedroom, 2-bath manufactured home in Lakeport sits on a spacious 0.19-acre lot just minutes from Lake Okeechobee—a dream location for fishing, boating, and outdoor lovers. The home does need lots work and is being sold as-is, but with the right vision can be your retreat, it has great potential as a weekend getaway, rental, or full-time residence. The lot is wooded, and there are known damages to the home—perfect for someone looking to renovate and add value. No HOA, and located in a quiet, non-gated community. Priced to sell—motivated seller!

Key facts

• 8,276 sq ft lot
• Built 1977
• Listed 499 days

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $62k.

Deal economics

• At list price, monthly cash flow is $345 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $62k).
• Recommended offer: $55k (12.0% below list) — sets the bar for market timing.
• Cap rate 12.9% vs local median 4.8% in Moore Haven — 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 70/100 on livability (#427 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, employment F.
• Glades (town): math 38% / reading 41% proficiency, ranked #63 of 73 in FL (top 86%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 99 active listings in the ZIP; 65 units permitted in Glades County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $106 of equity ($432 loan paydown + $-326 appreciation (-0.5% local appreciation)).
• Glades County population projected at +15% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-0.5% appreciation + 3.0% rent growth), your $18k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 500 days — a 12% lower offer ($55k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 20y ago; this cycle's ask has dropped $12k (17%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $45k; 39% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: property tax is 3.1% of price.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $55,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 500 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1977 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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.
7. 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.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.75% ✓
• Cap rate: 12.92%
• Cash-on-cash: 23.66%
• DSCR: 2.05
• GRM: 4.8

CMA / ARV

• ARV (median comp): $175,906
• List price: $62,500
• Delta: -64.47%
• Verdict: UNDERPRICED
• Comps: 2 within 1.0 mi

Projected returns pro-forma

-0.52% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 22.7%
• Equity multiple: 2.07×
• Total profit: $18,701
• Equity at exit: $16,535

10-year hold

• IRR: 27.4%
• Equity multiple: 3.94×
• Total profit: $51,390
• Equity at exit: $18,631

Cash invested: $17,500 (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 33471

• Home prices YoY: -0.1%
• Active inventory: 99
• Price-to-rent: 4.8×

Monthly cashflow live

• Estimated rent: $1,092 medium
• Mortgage (P&I): −$328
• Tax from tax record: −$164 /mo · $1,967/yr
• Insurance: −$26
• HOA: −$0
• Vacancy / Maint / Mgmt: −$229
• Net cashflow: $345

Break-even live

Break-even rent $655

Max offer price $62,500

Occupancy floor 63%

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: $15,625
• Closing costs: $1,875
• Reserves months: —
• Total cash needed: —

Listing history 25 events

1. 2026-06-19
   days on market $62,500 Active 500 DOM
2. 2026-06-18
   days on market $62,500 Active 499 DOM
3. 2026-06-17
   days on market $62,500 Active 498 DOM
4. 2026-06-16
   days on market $62,500 Active 497 DOM
5. 2026-06-15
   days on market $62,500 Active 496 DOM
6. 2026-06-14
   days on market $62,500 Active 494 DOM
7. 2026-06-12
   days on market $62,500 Active 493 DOM
8. 2026-06-09
   days on market $62,500 Active 490 DOM
9. 2026-06-08
   days on market $62,500 Active 489 DOM
10. 2026-06-07
    days on market $62,500 Active 488 DOM
11. 2026-06-07
    days on market $62,500 Active 487 DOM
12. 2026-06-03
    days on market $62,500 Active 484 DOM
13. 2026-06-02
    days on market $62,500 Active 483 DOM
14. 2026-06-01
    days on market $62,500 Active 482 DOM
15. 2026-05-31
    days on market $62,500 Active 481 DOM
16. 2026-05-30
    days on market $62,500 Active 480 DOM
17. 2026-03-14
    price $62,500 610-char remark

    Show marketing remark (610 chars)

    Investor or DIY Enthusiast Special! This 2-bedroom, 2-bath manufactured home in Lakeport sits on a spacious 0.19-acre lot just minutes from Lake Okeechobee—a dream location for fishing, boating, and outdoor lovers. The home does need lots work and is being sold as-is, but with the right vision can be your retreat, it has great potential as a weekend getaway, rental, or full-time residence. The lot is wooded, and there are known damages to the home—perfect for someone looking to renovate and add value. No HOA, and located in a quiet, non-gated community. Priced to sell—motivated seller!

18. 2025-06-09
    price $65,000 610-char remark

    Show marketing remark (610 chars)

    Investor or DIY Enthusiast Special! This 2-bedroom, 2-bath manufactured home in Lakeport sits on a spacious 0.19-acre lot just minutes from Lake Okeechobee—a dream location for fishing, boating, and outdoor lovers. The home does need lots work and is being sold as-is, but with the right vision can be your retreat, it has great potential as a weekend getaway, rental, or full-time residence. The lot is wooded, and there are known damages to the home—perfect for someone looking to renovate and add value. No HOA, and located in a quiet, non-gated community. Priced to sell—motivated seller!

19. 2025-04-01
    price $68,599 610-char remark

    Show marketing remark (610 chars)

    Investor or DIY Enthusiast Special! This 2-bedroom, 2-bath manufactured home in Lakeport sits on a spacious 0.19-acre lot just minutes from Lake Okeechobee—a dream location for fishing, boating, and outdoor lovers. The home does need lots work and is being sold as-is, but with the right vision can be your retreat, it has great potential as a weekend getaway, rental, or full-time residence. The lot is wooded, and there are known damages to the home—perfect for someone looking to renovate and add value. No HOA, and located in a quiet, non-gated community. Priced to sell—motivated seller!

20. 2025-03-11
    historical
21. 2025-03-10
    listed $74,900 Active
22. 2025-02-04
    listed $74,900 Active 610-char remark

    Show marketing remark (610 chars)

    Investor or DIY Enthusiast Special! This 2-bedroom, 2-bath manufactured home in Lakeport sits on a spacious 0.19-acre lot just minutes from Lake Okeechobee—a dream location for fishing, boating, and outdoor lovers. The home does need lots work and is being sold as-is, but with the right vision can be your retreat, it has great potential as a weekend getaway, rental, or full-time residence. The lot is wooded, and there are known damages to the home—perfect for someone looking to renovate and add value. No HOA, and located in a quiet, non-gated community. Priced to sell—motivated seller!

23. 2006-08-04
    soldstatus $45,000
24. 2006-08-03
    soldstatus $45,000
25. 2006-06-29
    listed $50,000

ⓘ 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: $1,967 · $164/mo
• Projected year-2 tax: $1,967 · $164/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 X · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥108°F today · 24 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: $13,106
• − Mortgage interest: −$3,501
• − Property taxes: −$1,967
• − Insurance: −$312
• − Repairs & maintenance: −$1,048
• − Management: −$1,048
• − Depreciation: −$1,818
• Taxable income: $3,410
• Est. tax owed @ 24.0%: −$818
• After-tax cash flow: $3,322/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: Glades
• NCES district ID: 1200660
• Math proficiency: 38% ▼ -15.00%
• Reading proficiency: 41% ▼ -5.00%
• Median HH income: $36,758
• Composite: 32.81/100
• National rank: #5622
• State rank: #63 of 73 in FL

Livability — Moore Haven

• Score: 70/100
• State rank: #427
• US rank: #7288

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 6,679

Population outlook (Glades County) Hauer SSP2

• Today (2025): 14,901 people
• By 2030: 15,463 · +3.8%
• By 2040: 16,341 · +9.7%
• By 2050: 17,158 · +15.1%
• By 2075: 18,881 · +26.7%
• By 2100: 19,164 · +28.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.64)
• Race & ethnicity: White 49% Black 26% Hispanic / Latino 23% Two or more races 11%
• Hispanic origin (detail): Mexican 12% Puerto Rican 1% Cuban 5%
• Common ancestry: Italian 3% Scotch-Irish 2% Lithuanian 2%
• Foreign-born: 12% · Canada, Jamaica
• Languages at home: 79% English-only · Spanish 19% German/W. Germanic 1% Other Indo-European 1%

Political lean MEDSL · Glades

• 2024 margin: Solid R (+53.3) · D 23.1% · R 76.4%
• 2008→2024 swing: -36.7pp toward R · 2008: -16.6pp · 2024: -53.3pp
• All cycles: 2024: R+53.3 2020: R+46.2 2016: R+39.6 2012: R+18.6 2008: R+16.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -0.52%
• Current HPI: 374.0849
• Rent YoY: —
• Metro: —
• 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

+25.0% since first listed

9 events — show timeline

• 2026-03-14 Price Changed $62,500 FORTMLS
• 2025-06-09 Price Changed $65,000 FORTMLS
• 2025-04-01 Price Changed $68,599 FORTMLS
• 2025-03-11 Listing Removed — MARMLS
• 2025-03-10 Listed $74,900 MARMLS
• 2025-02-04 Listed $74,900 FORTMLS
• 2006-08-04 Sold (Public Records) $45,000 Public Records
• 2006-08-03 Sold (MLS) $45,000 Stellar MLS as Distributed by MLS Grid
• 2006-06-29 Listed $50,000 Stellar MLS as Distributed by MLS Grid

Property tax history

+23.7%/yr

Latest (2025): $1,967 · +101.4% YoY. Source: county tax records.