3039 Horizon Ln #2105 · Pelican Marsh, FL 34109

$335,000

2 bd · 2.0 ba · 1,248 sqft · Condo public records · 34 Days on market

Built 2002 $853/mo HOA · 22% 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 +14.5/30.0
• ARV discount +7.5/15.0
• 1% rule +6.6/10.0
• Appreciation +5.1/10.0
• Schools +5.0/10.0
• DSCR +4.4/10.0
• Rent growth +2.7/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Move right in to your own piece of paradise with this Turnkey, lovingly cared for condo. Imagine the possibilities in this beautiful condo. The screened in lanai looks upon a lake and fountain. Open the sliders to let the breeze flow into this open concept condo. The fresh air will float through your living room into your dining room & all the way into the kitchen. This beautiful eat in kitchen has granite counter tops, wood cabinets, new appliances & a pass through with breakfast bar into the dining room. The guest room or second bedroom is located at the front of the condo with the guest bathroom & laundry area. The master bedroom is located at the back of the home with the same beautiful lake views as the living room and lanai. The master has its own large bathroom and walk in closet. This wonderful condo has been updated for your low maintenance convenience. A brand new AC unit was installed in 2016, New Hot Water Heater in 2015, New Dishwasher and Range in 2015, New Electric Shutters in 2017 and New Laminate in the Bedrooms!! All the BIG, High Priced items have been taken care of for you! All you have to do is move in, sit back, relax and enjoy. Seeing is Believing!

Key facts

• New ac unit
• Turn-key furnished
• Resort style pool

Tags

• FIRST FLOOR CONDO
• NEW AC UNIT
• AUTOMATED HURRICANE SHUTTERS
• NEW LANAI MICRO SCREENING
• TURN-KEY FURNISHED
• RESORT STYLE POOL

Property features AI

Finance

• Other: Part of a large complex with many units (524 units in complex, 8 units in building)
• Financial info: Total annual recurring HOA fees listed; Total one-time fees listed
• HOA & community: Mandatory HOA; Master HOA quarterly fee; Condo quarterly fee; Professional management; Maintenance covers cable, insurance, internet/WiFi, irrigation water, lawn/land maintenance, legal/accounting, manager, exterior pest control, recreation facilities, reserves, security, sewer, street lights, street maintenance, trash removal, and water; Community amenities include clubhouse, community pool and spa/hot tub, exercise room, tennis and basketball courts, bocce, billiards, play area, sauna, BBQ/picnic area, bike and jog paths, sidewalks, streetlights, and underground utilities; Gated community

Exterior

• Parking: 1 assigned parking space plus guest parking; Detached 1-car garage
• Security: Gated community
• Utilities: Central water; Central sewer; Cable available; Central electric power
• Home design: Residential property in BRIDGEWATER BAY; Low-rise building (1–3), 2-story design; Rear exposure faces east
• Construction: Concrete block construction; Built in 2002
• Exterior features: Shingle roof; Single-hung and sliding windows; Electric storm shutters; Stucco exterior finish; Gated community; Lake view; Central irrigation; Paved road; Zero lot line

Interior

• Kitchen: Pantry; Dishwasher; Disposal; Microwave; Range; Refrigerator; Self-cleaning oven
• Bedrooms: 2 bedrooms with a split-bedroom layout
• Flooring: Tile; Vinyl
• Bathrooms: 2 full bathrooms; Master bath with shower only
• Heating & cooling: Central electric heat; Central electric cooling; Ceiling fans
• Interior features: Built-in cabinets; Cable prewire; Fire sprinkler; High-speed internet available; Pantry; Walk-in closet; Window coverings; Turnkey furnished; Dining area in living room; Eat-in kitchen; Guest bath and guest room; Laundry in residence; Screened lanai/porch; 4 ceiling fans
• Laundry & utility: Washer and dryer; Auto garage door; Smoke detector

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $335k.

Deal economics

• At list price, monthly cash flow is $76 ($913/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $335k).
• Recommended offer: $325k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads: area grade C — 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: Osceola Elementary School (math 78% / reading 74%, grade A, #198 of 2,144 statewide, top 10%, 621 students, 32% 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 29% FRL vs 55% district-wide (26 pts lower); this property's tenant base skews higher-income than the district average.
• Zoned-school proficiency averages 70% at this address vs 58% district-wide (+12 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 15d 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).

Forward outlook

• In year one you build about $3k of equity ($2k loan paydown + $988 appreciation (0.3% local appreciation)).
• Collier County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 8, paydown + projected appreciation supports a ~$30k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 34 days — a 3% lower offer ($325k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 15y 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 $240k; 40% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: HOA is 22% of rent.
• Climate carrying-cost: 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 $324,950 (3.0% below list)

Questions for the listing agent

1. It's been on market 34 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: 1.16% ✓
• Cap rate: 6.57%
• Cash-on-cash: 0.97%
• DSCR: 1.04
• GRM: 7.2

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: -1.8%
• Equity multiple: 0.92×
• Total profit: $-7,780
• Equity at exit: $102,242

10-year hold

• IRR: 2.0%
• Equity multiple: 1.21×
• Total profit: $19,314
• Equity at exit: $126,939

Cash invested: $93,800 (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 34109

• Home prices YoY: 0.1%
• Rents YoY: 0.9%
• Active inventory: 424
• Price-to-rent: 7.2×

Monthly cashflow live

• Estimated rent: $3,889 high
• Mortgage (P&I): −$1,757
• Tax from tax record: −$247 /mo · $2,963/yr
• Insurance: −$140
• HOA: −$853
• Vacancy / Maint / Mgmt: −$817
• Net cashflow: $76

Break-even live

Break-even rent $3,793

Max offer price $335,000

Occupancy floor 93%

Sensitivity live

Price	-10% $266	-5% $171	+0% $76	+5% $-19	+10% $-114
Rent	-10% $-231	-5% $-78	+0% $76	+5% $230	+10% $383
Rate	-1.0pp $245	-0.5pp $161	base $76	+0.5pp $-11	+1.0pp $-99

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: $83,750
• Closing costs: $10,050
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3035 Horizon Ln #2206 Naples, FL	2.0	2.0	1246	$6,000	$4.82	24d	1	0.03mi
3051 Horizon Ln #1803 Naples, FL	2.0	2.0	1482	$5,100	$3.44	24d	1	0.07mi
3015 Horizon Ln #2702 Naples, FL	3.0	2.0	1399	$1,790	$1.28	24d	1	0.15mi
2885 Citrus Lake Dr Unit N103 Naples, FL	2.0	2.0	1249	$5,250	$4.20	14d	1	0.20mi
3009 Driftwood Way #2802 Naples, FL	3.0	2.0	1399	$2,000	$1.43	24d	1	0.23mi
2731 Citrus Lake Dr #202 Naples, FL	2.0	2.0	1260	$2,500	$1.98	14d	1	0.24mi
2711 Citrus Lake Dr Unit F305 Naples, FL	3.0	2.0	1480	$5,500	$3.72	14d	1	0.28mi
2711 Citrus Lake Dr Unit F302 Naples, FL	2.0	2.0	1272	$4,500	$3.54	14d	1	0.28mi
3017 Driftwood Way #3001 Naples, FL	3.0	2.0	1385	$5,000	$3.61	24d	1	0.28mi
2864 Mizzen Way Unit Y106 Naples, FL	2.0	2.0	1350	$5,200	$3.85	14d	1	0.28mi
2671 Citrus Lake Dr Unit E-201 Naples, FL	3.0	2.0	1380	$5,250	$3.80	14d	1	0.32mi
2671 Citrus Lake Dr Unit E-303 Naples, FL	2.0	2.0	1380	$3,500	$2.54	14d	1	0.32mi
3025 Driftwood Way #3203 Naples, FL	2.0	2.0	1248	$3,900	$3.12	24d	1	0.33mi
2651 Citrus Lake Dr Unit D302 Naples, FL	2.0	2.0	1250	$5,000	$4.00	14d	1	0.35mi
3029 Driftwood Way #3303 Naples, FL	2.0	2.0	1248	$4,000	$3.21	24d	1	0.36mi
3037 Driftwood Way #3505 Naples, FL	2.0	2.0	1248	$2,500	$2.00	24d	1	0.39mi
2516 Orchid Bay Dr #203 Naples, FL	2.0	2.0	1360	$4,750	$3.49	24d	1	0.48mi
7416 Plumbago Bridge Rd #103 Naples, FL	2.0	2.0	1223	$2,400	$1.96	14d	1	0.48mi
2608 Sailors Way #122 Naples, FL	2.0	2.0	1387	$5,500	$3.97	24d	1	0.50mi
6654 Tannin Ln Unit B Naples, FL	2.0	2.0	1441	$3,100	$2.15	24d	1	0.55mi
7518 Silver Trumpet Ln Unit Q102 Naples, FL	2.0	2.0	1300	$2,600	$2.00	14d	1	0.58mi
2460 Old Groves Rd Unit E102 Naples, FL	2.0	2.0	1226	$2,400	$1.96	14d	1	0.58mi
2585 Old Groves Rd Unit L203 Naples, FL	2.0	2.0	1448	$5,500	$3.80	14d	1	0.62mi
7287 Mill Pond Cir Naples, FL	3.0	2.0	1355	$3,800	$2.80	24d	1	0.75mi
3320 Bermuda Isle Cir Naples, FL	1.0–3.0	1.0–2.0	1134	$2,390	$2.11	14d	45	0.78mi
2277 Arbour Walk Cir Naples, FL	1.0–2.0	1.0–2.0	937	$2,540	$2.71	14d	25	0.79mi
7546 Mill Pond Cir Naples, FL	3.0	2.0	1373	$6,500	$4.73	24d	1	0.84mi
2602 Fountain View Cir Naples, FL	1.0–2.0	1.0–2.0	995	$2,277	$2.29	14d	41	0.85mi
2226 Arbour Walk Cir #1913 Naples, FL	1.0	1.0	740	$1,475	$1.99	24d	1	0.87mi
7791 Esmeralda Way #203 Naples, FL	2.0	2.0	1022	$1,950	$1.91	14d	1	0.89mi
7794 Emerald Cir Unit A-102 Naples, FL	2.0	2.0	1022	$4,000	$3.91	14d	1	0.89mi
7800 Emerald Cir #104 Naples, FL	2.0	2.0	1022	$2,200	$2.15	21d	1	0.89mi
7800 Emerald Cir Unit B104 Naples, FL	2.0	2.0	1022	$2,200	$2.15	14d	1	0.89mi
7778 Emerald Cir #104 Naples, FL	3.0	2.0	1199	$2,300	$1.92	21d	1	0.95mi
7778 Emerald Cir #204 Naples, FL	3.0	2.0	1199	$6,750	$5.63	14d	1	0.95mi
2118 Arbour Walk Cir Naples, FL	1.0	1.0	750	$1,300	$1.73	24d	1	0.98mi
2130 Arbour Walk Cir #2724 Naples, FL	2.0	2.0	1022	$1,800	$1.76	24d	1	1.01mi
7754 Emerald Cir Unit T202 Naples, FL	2.0	2.0	1022	$3,850	$3.77	14d	1	1.05mi
3511 Vanderbilt Beach Rd Naples, FL	1.0–2.0	1.0–2.0	968	$2,976	$3.07	14d	12	1.07mi
7712 Jewel Ln Naples, FL	2.0	2.0	1022	$1,850	$1.81	24d	1	1.07mi

HOA detail condo

• Monthly dues: $853 · $10,236/yr
• Likely covers: waterelectric
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 27 events

1. 2026-06-18
   days on market $335,000 Active 34 DOM
2. 2026-06-17
   days on market $335,000 Active 33 DOM
3. 2026-06-16
   days on market $335,000 Active 32 DOM
4. 2026-06-15
   days on market $335,000 Active 31 DOM
5. 2026-06-14
   days on market $335,000 Active 29 DOM
6. 2026-06-10
   days on market $335,000 Active 26 DOM
7. 2026-06-09
   days on market $335,000 Active 25 DOM
8. 2026-06-08
   days on market $335,000 Active 24 DOM
9. 2026-06-07
   days on market $335,000 Active 23 DOM
10. 2026-06-03
    days on market $335,000 Active 19 DOM
11. 2026-06-02
    days on market $335,000 Active 18 DOM
12. 2026-06-01
    days on market $335,000 Active 17 DOM
13. 2026-05-31
    days on market $335,000 Active 16 DOM
14. 2026-05-30
    days on market $335,000 Active 15 DOM
15. 2026-05-15
    listed $335,000 Active
16. 2018-08-01
    soldstatus $239,900
17. 2018-07-27
    soldstatus $239,900 Sold 1208-char remark

    Show marketing remark (1208 chars)

    Move right in to your own piece of paradise with this Turnkey, lovingly cared for condo. Imagine the possibilities in this beautiful condo. The screened in lanai looks upon a lake and fountain. Open the sliders to let the breeze flow into this open concept condo. The fresh air will float through your living room into your dining room & all the way into the kitchen. This beautiful eat in kitchen has granite counter tops, wood cabinets, new appliances & a pass through with breakfast bar into the dining room. The guest room or second bedroom is located at the front of the condo with the guest bathroom & laundry area. The master bedroom is located at the back of the home with the same beautiful lake views as the living room and lanai. The master has its own large bathroom and walk in closet. This wonderful condo has been updated for your low maintenance convenience. A brand new AC unit was installed in 2016, New Hot Water Heater in 2015, New Dishwasher and Range in 2015, New Electric Shutters in 2017 and New Laminate in the Bedrooms!! All the BIG, High Priced items have been taken care of for you! All you have to do is move in, sit back, relax and enjoy. Seeing is Believing!

18. 2018-04-10
    status Pending 1208-char remark

    Show marketing remark (1208 chars)

    Move right in to your own piece of paradise with this Turnkey, lovingly cared for condo. Imagine the possibilities in this beautiful condo. The screened in lanai looks upon a lake and fountain. Open the sliders to let the breeze flow into this open concept condo. The fresh air will float through your living room into your dining room & all the way into the kitchen. This beautiful eat in kitchen has granite counter tops, wood cabinets, new appliances & a pass through with breakfast bar into the dining room. The guest room or second bedroom is located at the front of the condo with the guest bathroom & laundry area. The master bedroom is located at the back of the home with the same beautiful lake views as the living room and lanai. The master has its own large bathroom and walk in closet. This wonderful condo has been updated for your low maintenance convenience. A brand new AC unit was installed in 2016, New Hot Water Heater in 2015, New Dishwasher and Range in 2015, New Electric Shutters in 2017 and New Laminate in the Bedrooms!! All the BIG, High Priced items have been taken care of for you! All you have to do is move in, sit back, relax and enjoy. Seeing is Believing!

19. 2018-03-20
    listed $249,900 Active 1208-char remark

    Show marketing remark (1208 chars)

    Move right in to your own piece of paradise with this Turnkey, lovingly cared for condo. Imagine the possibilities in this beautiful condo. The screened in lanai looks upon a lake and fountain. Open the sliders to let the breeze flow into this open concept condo. The fresh air will float through your living room into your dining room & all the way into the kitchen. This beautiful eat in kitchen has granite counter tops, wood cabinets, new appliances & a pass through with breakfast bar into the dining room. The guest room or second bedroom is located at the front of the condo with the guest bathroom & laundry area. The master bedroom is located at the back of the home with the same beautiful lake views as the living room and lanai. The master has its own large bathroom and walk in closet. This wonderful condo has been updated for your low maintenance convenience. A brand new AC unit was installed in 2016, New Hot Water Heater in 2015, New Dishwasher and Range in 2015, New Electric Shutters in 2017 and New Laminate in the Bedrooms!! All the BIG, High Priced items have been taken care of for you! All you have to do is move in, sit back, relax and enjoy. Seeing is Believing!

20. 2015-03-31
    soldstatus $224,000
21. 2015-03-24
    price $232,500 1196-char remark

    Show marketing remark (1196 chars)

    VIEW THIS BEAUTIFULLY FURNISHED LIKE NEW! This immaculate Spacious 2 bedroom, 2 bath first floor garden residence features new paint, new carpet, New Tile Throughout the whole condo and lanai except for the two bedrooms. Beautiful Granite Counter Tops in the Kitchen and Both bathrooms, Spacious Eat In Kitchen or just perfect for enjoying those tranquil morning breezes while enjoying a cup of coffee on the screen enclosed lanai with a very nice long lake view! A Detached garage which leads right into your front door. CHECK OUT ALL OF THESE Amenities in this fantastic north Naples gated community of Bridgewater Bay, Featuring the magnificent lifestyle center! Recreational enthusiasts delight with an athletic pool, A resort style swimming pool, Jacuzzi, Sauna, Steam Room, Cabana Billiards, State-of-the-art exercise facility, Business center, Tennis Courts, Putting green, Bocce courts , A Children's play area and even an organized activity calendar! Easy access to both Airport Pulling and Livingston Roads for those quick trips to wonderful shopping, Library, Mercato, Movie Theater, Elegant and casual restaurants, Beautiful gulf beaches, World class golf courses PLUS MUCH MUCH MORE!

22. 2015-03-24
    soldstatus $224,000 1196-char remark

    Show marketing remark (1196 chars)

    VIEW THIS BEAUTIFULLY FURNISHED LIKE NEW! This immaculate Spacious 2 bedroom, 2 bath first floor garden residence features new paint, new carpet, New Tile Throughout the whole condo and lanai except for the two bedrooms. Beautiful Granite Counter Tops in the Kitchen and Both bathrooms, Spacious Eat In Kitchen or just perfect for enjoying those tranquil morning breezes while enjoying a cup of coffee on the screen enclosed lanai with a very nice long lake view! A Detached garage which leads right into your front door. CHECK OUT ALL OF THESE Amenities in this fantastic north Naples gated community of Bridgewater Bay, Featuring the magnificent lifestyle center! Recreational enthusiasts delight with an athletic pool, A resort style swimming pool, Jacuzzi, Sauna, Steam Room, Cabana Billiards, State-of-the-art exercise facility, Business center, Tennis Courts, Putting green, Bocce courts , A Children's play area and even an organized activity calendar! Easy access to both Airport Pulling and Livingston Roads for those quick trips to wonderful shopping, Library, Mercato, Movie Theater, Elegant and casual restaurants, Beautiful gulf beaches, World class golf courses PLUS MUCH MUCH MORE!

23. 2015-02-07
    listed $224,000 1196-char remark

    Show marketing remark (1196 chars)

    VIEW THIS BEAUTIFULLY FURNISHED LIKE NEW! This immaculate Spacious 2 bedroom, 2 bath first floor garden residence features new paint, new carpet, New Tile Throughout the whole condo and lanai except for the two bedrooms. Beautiful Granite Counter Tops in the Kitchen and Both bathrooms, Spacious Eat In Kitchen or just perfect for enjoying those tranquil morning breezes while enjoying a cup of coffee on the screen enclosed lanai with a very nice long lake view! A Detached garage which leads right into your front door. CHECK OUT ALL OF THESE Amenities in this fantastic north Naples gated community of Bridgewater Bay, Featuring the magnificent lifestyle center! Recreational enthusiasts delight with an athletic pool, A resort style swimming pool, Jacuzzi, Sauna, Steam Room, Cabana Billiards, State-of-the-art exercise facility, Business center, Tennis Courts, Putting green, Bocce courts , A Children's play area and even an organized activity calendar! Easy access to both Airport Pulling and Livingston Roads for those quick trips to wonderful shopping, Library, Mercato, Movie Theater, Elegant and casual restaurants, Beautiful gulf beaches, World class golf courses PLUS MUCH MUCH MORE!

24. 2014-05-01
    historical
25. 2014-02-28
    listed $209,500
26. 2011-04-18
    listed $193,500
27. 2005-06-03
    soldstatus $291,500

ⓘ 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: $2,963 · $247/mo
• Projected year-2 tax: $2,963 · $247/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 (unshaded) · 0% 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 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $46,669
• − Mortgage interest: −$18,765
• − Property taxes: −$2,963
• − Insurance: −$1,675
• − Repairs & maintenance: −$3,734
• − Management: −$3,734
• − HOA: −$10,236
• − Depreciation: −$9,745
• Taxable loss: −$4,183
• Est. tax savings @ 24.0%: +$1,004
• After-tax cash flow: $1,917/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
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+14.9% since first listed

13 events — show timeline

• 2026-05-15 Listed $335,000 NAPLESMLS
• 2018-08-01 Sold (Public Records) $239,900 Public Records
• 2018-07-27 Sold (MLS) $239,900 FORTMLS
• 2018-04-10 Pending — FORTMLS
• 2018-03-20 Listed $249,900 FORTMLS
• 2015-03-31 Sold (Public Records) $224,000 Public Records
• 2015-03-24 Sold (MLS) $224,000 NAPLESMLS
• 2015-03-24 Price Changed $232,500 NAPLESMLS
• 2015-02-07 Listed $224,000 NAPLESMLS
• 2014-05-01 Listing Removed — NAPLESMLS
• 2014-02-28 Listed $209,500 NAPLESMLS
• 2011-04-18 Listed $193,500 NAPLESMLS
• 2005-06-03 Sold (Public Records) $291,500 Public Records

Property tax history

+6.3%/yr

Latest (2025): $2,963 · +1.9% YoY. Source: county tax records.