15792 Marcello Cir #182 · Bonita Springs, FL
Flood risk 3/10 · Minor
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.1%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 2/10 · Minimal
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 10/10 · Severe
- Hot days now (above 108°F)
- 7 days/yr
- Hot days in 30 yrs
- 31 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
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
- DSCR +10.0/10.0
- 1% rule +9.8/10.0
- ARV discount +7.5/15.0
- Schools +5.0/10.0
- Livability +3.5/5.0
- Condition / age +2.5/5.0
- Rent growth +2.2/5.0
- Appreciation +0.0/10.0
$382,500
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Newly updated 3 bedroom, 2.5 bath, 1 car attached garage townhouse with a beautiful lakeview. New quartz countertop and new LG kitchen appliances. New wood floor on the first floor and new carpet upstairs. New custom paint throughout the entire unit. AC and water heater replaced recently ($8,500 value). One of the longest driveways in the community that could fit 2 cars. Great, convenient location in north Naples-west of I-75. Low association fee that also includes Comcast basic cable, pool, jacuzzi and tennis courts.
Key facts
- Lake views
- Community pool
- Newer roof
Tags
Property features AI
Finance
- HOA & community: Mandatory HOA with professional management; Quarterly HOA fee of $1,470 (total annual recurring fees $5,880); HOA maintenance covers cable, irrigation water, lawn/land maintenance, legal/accounting, manager, exterior pest control, and reserves; Community amenities include clubhouse, community pool and spa, tennis and pickleball courts, basketball, BBQ/picnic area, dog park, play area, sidewalks, streetlights and underground utilities; Non-gated community
Exterior
- Parking: Attached 1-car garage
- Utilities: Central water; Central sewer; Cable available
- Home design: Residential townhouse; 2-story; Rear exposure to the east; Located in the MILANO development (Sub Condo: MILANO, Lot Unit 182)
- Construction: Built in 2005; Concrete block construction; Stucco exterior; Tile roof; Deeded restrictions
- Exterior features: Patio; Automatic sprinkler system; Sliding windows; Lake view; Has waterfront (lake); Zero lot line
Interior
- Kitchen: Dishwasher; Disposal; Microwave; Range; Refrigerator/Freezer
- Bedrooms: 3 bedrooms
- Flooring: Carpet; Tile
- Bathrooms: 2 full bathrooms; 1 half bathroom; Master bath with shower only
- Heating & cooling: Central electric heat; Central electric cooling; Ceiling fans
- Interior features: Cable prewire; Smoke detectors; Walk-in closet; Great room floor plan; Dining area with breakfast bar; Laundry in residence; Unfurnished
- Laundry & utility: Washer; Dryer; Auto garage door opener
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.5-bath condo listed at $382k.
Deal economics
- At list price, monthly cash flow is $2k ($20k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($6k rent vs $382k).
- Cap rate 11.4% vs local median 1.7% in Bonita Springs — 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 (#428 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+, employment A; Watch: cost of living C-, health & safety D, amenities 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.
- Zoned schools: Veterans Memorial Elementary School (math 78% / reading 79%, grade A, #141 of 2,144 statewide, top 7%, 743 students, 22% FRL); North Naples Middle School (math 79% / reading 73%, grade A, #34 of 571 statewide, top 6%, 903 students, 25% FRL); Gulf Coast High School (math 57% / reading 68%, grade B-, #93 of 667 statewide, top 14%, 2,447 students, 20% FRL) — zoned schools average 22% FRL vs 55% district-wide (33 pts lower); this property's tenant base skews higher-income than the district average.
- Zoned-school proficiency averages 72% at this address vs 58% district-wide (+14 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 soft (-1.1%/yr); 595 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d 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).
- At $5,653/mo this rent would consume 70% of the median local household income ($98k/yr) (locally 1006% 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 $3k of loan paydown is wiped out by about $11k of value loss. Plan a longer hold.
- Collier County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- At projected returns (-3.0% appreciation + 0.0% rent growth), your $107k cash investment doubles in ~9 years — after that, you're playing with house money.
Negotiation context
- Only 13 days on market — expect competitive offers; lowballing is unlikely to land.
- 4 sale attempts since 8y ago; this cycle's ask has dropped $32k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $242k; list at $382k implies a 58% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→31/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- 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?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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.
- 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.
- 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
- 1.48% ✓
- Cap rate
- 11.43%
- Cash-on-cash
- 18.35%
- DSCR
- 1.82
- GRM
- 5.6
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 0.0% rent growth · sell at horizon
- IRR
- 6.5%
- Equity multiple
- 1.24×
- Total profit
- $25,959
- Equity at exit
- $57,032
- IRR
- 12.8%
- Equity multiple
- 1.87×
- Total profit
- $93,702
- Equity at exit
- $33,072
Cash invested: $107,100 (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
ZIP-level market 34110
- Rents YoY
- -1.1%
- Active inventory
- 595
- Price-to-rent
- 5.6×
Monthly cashflow live
- Estimated rent
- $5,653 high interval (Pro) →
- Mortgage (P&I)
- −$2,006
- Tax from tax record
- −$173 /mo · $2,076/yr
- Insurance
- −$159
- HOA
- −$490
- Vacancy / Maint / Mgmt
- −$1,187
- Net cashflow
- $1,638
Break-even live
Sensitivity live
| Price | -10% $1,854 | -5% $1,746 | +0% $1,638 | +5% $1,529 | +10% $1,421 |
|---|---|---|---|---|---|
| Rent | -10% $1,191 | -5% $1,414 | +0% $1,638 | +5% $1,861 | +10% $2,084 |
| Rate | -1.0pp $1,830 | -0.5pp $1,735 | base $1,638 | +0.5pp $1,539 | +1.0pp $1,438 |
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
- $95,625
- Closing costs
- $11,475
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 16097 Ravina Way #36 Naples, FL | 3.0 | 2.5 | 1580 | $2,395 | $1.52 | 22d | 1 | 0.35mi |
| 6522 Waverly Green Way Naples, FL | 3.0 | 2.0 | 2039 | $4,500 | $2.21 | 25d | 1 | 0.44mi |
| 6478 Waverly Green Way Naples, FL | 3.0 | 2.5 | 1711 | $10,000 | $5.84 | 25d | 1 | 0.45mi |
| 250 Willowick Dr Naples, FL | 3.0 | 2.0 | 1469 | $3,500 | $2.38 | 25d | 1 | 0.53mi |
| 16208 Parque Ln Naples, FL | 3.0 | 2.0 | 2000 | $12,500 | $6.25 | 25d | 1 | 0.57mi |
| 16188 Parque Ln Naples, FL | 3.0 | 2.0 | 1974 | $5,500 | $2.79 | 25d | 1 | 0.59mi |
| 5630 Sherborn Dr #202 Naples, FL | 3.0 | 2.0 | 2005 | $7,500 | $3.74 | 25d | 1 | 0.61mi |
| 208 Erie Dr Unit 1355591P Naples, FL | 3.0 | 2.0 | 1754 | $5,550 | $3.16 | 15d | 1 | 0.61mi |
| 5870 3 Iron Dr Unit 4-401 Naples, FL | 3.0 | 2.0 | 1633 | $8,000 | $4.90 | 25d | 1 | 0.70mi |
| 5455 Worthington Ln #103 Naples, FL | 2.0 | 2.0 | 1202 | $5,000 | $4.16 | 25d | 1 | 0.71mi |
| 5455 Worthington Ln #202 Naples, FL | 2.0 | 2.0 | 1427 | $3,900 | $2.73 | 25d | 1 | 0.71mi |
| 5963 Trophy Dr #2002 Naples, FL | 2.0 | 2.0 | 2160 | $8,000 | $3.70 | 25d | 1 | 0.74mi |
| 6017 Trophy Dr #601 Naples, FL | 3.0 | 2.0 | 2160 | $8,000 | $3.70 | 25d | 1 | 0.75mi |
| 5935 Northridge Dr Naples, FL | 2.0 | 2.0 | 1671 | $2,995 | $1.79 | 25d | 1 | 0.77mi |
| 5885 Three Iron Dr #1102 Naples, FL | 3.0 | 2.0 | 1633 | $7,000 | $4.29 | 25d | 1 | 0.77mi |
| 6029 Trophy Dr #301 Naples, FL | 2.0 | 2.0 | 2160 | $6,000 | $2.78 | 25d | 1 | 0.79mi |
| 5892 Three Iron Dr #1504 Naples, FL | 2.0 | 2.0 | 1793 | $7,000 | $3.90 | 25d | 1 | 0.80mi |
| 5765 Grande Reserve Way Unit 7-702 Naples, FL | 2.0 | 2.0 | 1800 | $7,500 | $4.17 | 25d | 1 | 0.81mi |
| 5886 Paradise Cir Naples, FL | 3.0 | 3.0 | 1922 | $6,800 | $3.54 | 25d | 1 | 0.84mi |
| 5967 Sand Wedge Ln #106 Naples, FL | 2.0 | 2.0 | 1540 | $2,875 | $1.87 | 25d | 1 | 0.85mi |
| 5145 Cobble Creek Ct #202 Naples, FL | 2.0 | 2.0 | 1798 | $2,600 | $1.45 | 22d | 1 | 0.87mi |
| 16366 Barclay Ct Naples, FL | 4.0 | 2.0 | 2034 | $4,750 | $2.34 | 22d | 1 | 0.88mi |
| 16366 Barclay Ct Naples, FL | 4.0 | 2.0 | 2034 | $4,750 | $2.34 | 25d | 1 | 0.88mi |
| 5325 Andover Dr #101 Naples, FL | 2.0 | 2.0 | 1654 | $5,250 | $3.17 | 25d | 1 | 0.88mi |
| 5963 Sand Wedge Ln #205 Naples, FL | 2.0 | 2.0 | 1478 | $6,500 | $4.40 | 25d | 1 | 0.88mi |
| 5963 Sand Wedge Ln #203 Naples, FL | 2.0 | 2.0 | 1490 | $5,750 | $3.86 | 25d | 1 | 0.88mi |
| 16432 Aberdeen Way Naples, FL | 4.0 | 2.0 | 2055 | $4,200 | $2.04 | 25d | 1 | 0.89mi |
| 5945 Sand Wedge Ln #1003 Naples, FL | 2.0 | 2.0 | 1490 | $6,000 | $4.03 | 25d | 1 | 0.90mi |
| 16210 Allura Cir Naples, FL | 1.0–3.0 | 1.0–2.0 | 1078 | $3,570 | $3.31 | 15d | 18 | 0.90mi |
| 5330 Andover Dr #102 Naples, FL | 3.0 | 2.0 | 1740 | $2,550 | $1.47 | 25d | 1 | 0.90mi |
| 5941 Sand Wedge Ln #1206 Naples, FL | 2.0 | 2.0 | 1540 | $3,450 | $2.24 | 25d | 1 | 0.91mi |
| 5937 Sand Wedge Ln #1507 Naples, FL | 2.0 | 2.0 | 1540 | $6,500 | $4.22 | 25d | 1 | 0.91mi |
| 5705 Heron Ln #806 Naples, FL | 2.0 | 2.0 | 1540 | $7,000 | $4.55 | 25d | 1 | 0.93mi |
| 5360 Andover Dr #202 Naples, FL | 3.0 | 2.0 | 1928 | $6,500 | $3.37 | 25d | 1 | 0.94mi |
| 5944 Sand Wedge Ln #1108 Naples, FL | 2.0 | 2.0 | 1478 | $6,250 | $4.23 | 25d | 1 | 0.94mi |
| 5130 Cobble Creek Ct Unit B202 Naples, FL | 3.0 | 2.0 | 2050 | $2,800 | $1.37 | 15d | 1 | 0.94mi |
| 5923 Sand Wedge Ln #1906 Naples, FL | 2.0 | 2.0 | 1540 | $2,695 | $1.75 | 22d | 1 | 0.94mi |
| 5940 Sand Wedge Ln #1407 Naples, FL | 2.0 | 2.0 | 1540 | $5,500 | $3.57 | 25d | 1 | 0.95mi |
| 5632 Whisperwood Blvd #1601 Naples, FL | 3.0 | 2.0 | 1856 | $8,000 | $4.31 | 25d | 1 | 0.96mi |
| 5693 Heron Ln #502 Naples, FL | 2.0 | 2.0 | 1490 | $6,800 | $4.56 | 25d | 1 | 0.97mi |
HOA detail condo
- Monthly dues
- $490 · $5,880/yr
- Likely covers
- watercablepool
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 31 events
-
2026-06-21days on market $382,500 Active 13 DOM
-
2026-06-18days on market $382,500 Active 10 DOM
-
2026-06-17days on market $382,500 Active 9 DOM
-
2026-06-16days on market $382,500 Active 8 DOM
-
2026-06-15days on market $382,500 Active 7 DOM
-
2026-06-14days on market $382,500 Active 5 DOM
-
2026-06-10days on market $382,500 Active 2 DOM
-
2026-06-09pricedays on market $382,500 Active 1 DOM
-
2026-06-08days on market $387,500 Active 173 DOM
-
2026-06-07days on market $387,500 Active 172 DOM
-
2026-06-03days on market $387,500 Active 168 DOM
-
2026-06-02days on market $387,500 Active 167 DOM
-
2026-06-01days on market $387,500 Active 166 DOM
-
2026-05-31days on market $387,500 Active 165 DOM
-
2026-05-30days on market $387,500 Active 164 DOM
-
2026-05-05price $387,500
-
2026-02-25price $392,000
-
2026-02-03price $405,000
-
2025-12-17$415,000 Active
-
2019-06-03soldstatus $241,500
-
2019-05-30soldstatus $241,500 Sold 523-char remark
Show marketing remark (523 chars)
Newly updated 3 bedroom, 2.5 bath, 1 car attached garage townhouse with a beautiful lakeview. New quartz countertop and new LG kitchen appliances. New wood floor on the first floor and new carpet upstairs. New custom paint throughout the entire unit. AC and water heater replaced recently ($8,500 value). One of the longest driveways in the community that could fit 2 cars. Great, convenient location in north Naples-west of I-75. Low association fee that also includes Comcast basic cable, pool, jacuzzi and tennis courts.
-
2019-04-05status Pending 523-char remark
Show marketing remark (523 chars)
Newly updated 3 bedroom, 2.5 bath, 1 car attached garage townhouse with a beautiful lakeview. New quartz countertop and new LG kitchen appliances. New wood floor on the first floor and new carpet upstairs. New custom paint throughout the entire unit. AC and water heater replaced recently ($8,500 value). One of the longest driveways in the community that could fit 2 cars. Great, convenient location in north Naples-west of I-75. Low association fee that also includes Comcast basic cable, pool, jacuzzi and tennis courts.
-
2019-03-23status Active 523-char remark
Show marketing remark (523 chars)
Newly updated 3 bedroom, 2.5 bath, 1 car attached garage townhouse with a beautiful lakeview. New quartz countertop and new LG kitchen appliances. New wood floor on the first floor and new carpet upstairs. New custom paint throughout the entire unit. AC and water heater replaced recently ($8,500 value). One of the longest driveways in the community that could fit 2 cars. Great, convenient location in north Naples-west of I-75. Low association fee that also includes Comcast basic cable, pool, jacuzzi and tennis courts.
-
2019-03-19price $245,000 523-char remark
Show marketing remark (523 chars)
Newly updated 3 bedroom, 2.5 bath, 1 car attached garage townhouse with a beautiful lakeview. New quartz countertop and new LG kitchen appliances. New wood floor on the first floor and new carpet upstairs. New custom paint throughout the entire unit. AC and water heater replaced recently ($8,500 value). One of the longest driveways in the community that could fit 2 cars. Great, convenient location in north Naples-west of I-75. Low association fee that also includes Comcast basic cable, pool, jacuzzi and tennis courts.
-
2019-03-11historical 523-char remark
Show marketing remark (523 chars)
Newly updated 3 bedroom, 2.5 bath, 1 car attached garage townhouse with a beautiful lakeview. New quartz countertop and new LG kitchen appliances. New wood floor on the first floor and new carpet upstairs. New custom paint throughout the entire unit. AC and water heater replaced recently ($8,500 value). One of the longest driveways in the community that could fit 2 cars. Great, convenient location in north Naples-west of I-75. Low association fee that also includes Comcast basic cable, pool, jacuzzi and tennis courts.
-
2019-02-11$257,900 Active 523-char remark
Show marketing remark (523 chars)
Newly updated 3 bedroom, 2.5 bath, 1 car attached garage townhouse with a beautiful lakeview. New quartz countertop and new LG kitchen appliances. New wood floor on the first floor and new carpet upstairs. New custom paint throughout the entire unit. AC and water heater replaced recently ($8,500 value). One of the longest driveways in the community that could fit 2 cars. Great, convenient location in north Naples-west of I-75. Low association fee that also includes Comcast basic cable, pool, jacuzzi and tennis courts.
-
2018-06-11soldstatus $210,000 Sold 679-char remark
Show marketing remark (679 chars)
JUST REDUCED AND SELLER IS MOTIVATED. New to Market. 3 bedroom, 2-1/2 bath townhome in Milano. One car garage, lake view with Eastern Exposure. Carpet in Living Room installed last year. New AC installed in November 2017. Hot Water Tank is One Year old. Carpet in Bedrooms. Wonderful location away from Livingston with NO road noise. Short walk to community pool and spa. Milano has a great location to I-75, shopping, fine restaurants, Naples and Bonita Beach Beaches, Great School District. Priced to sell and sellers are motivated. Ideal Community for Rentals - Wolford College has many students renting in here, Wonderful Property Manager, Cap Rates on Rentals can exceed 6%.
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2018-06-11soldstatus $210,000
Show marketing remark (679 chars)
JUST REDUCED AND SELLER IS MOTIVATED. New to Market. 3 bedroom, 2-1/2 bath townhome in Milano. One car garage, lake view with Eastern Exposure. Carpet in Living Room installed last year. New AC installed in November 2017. Hot Water Tank is One Year old. Carpet in Bedrooms. Wonderful location away from Livingston with NO road noise. Short walk to community pool and spa. Milano has a great location to I-75, shopping, fine restaurants, Naples and Bonita Beach Beaches, Great School District. Priced to sell and sellers are motivated. Ideal Community for Rentals - Wolford College has many students renting in here, Wonderful Property Manager, Cap Rates on Rentals can exceed 6%.
-
2018-04-02status Pending With Contingencies 679-char remark
Show marketing remark (679 chars)
JUST REDUCED AND SELLER IS MOTIVATED. New to Market. 3 bedroom, 2-1/2 bath townhome in Milano. One car garage, lake view with Eastern Exposure. Carpet in Living Room installed last year. New AC installed in November 2017. Hot Water Tank is One Year old. Carpet in Bedrooms. Wonderful location away from Livingston with NO road noise. Short walk to community pool and spa. Milano has a great location to I-75, shopping, fine restaurants, Naples and Bonita Beach Beaches, Great School District. Priced to sell and sellers are motivated. Ideal Community for Rentals - Wolford College has many students renting in here, Wonderful Property Manager, Cap Rates on Rentals can exceed 6%.
-
2018-03-15price $234,900 679-char remark
Show marketing remark (679 chars)
JUST REDUCED AND SELLER IS MOTIVATED. New to Market. 3 bedroom, 2-1/2 bath townhome in Milano. One car garage, lake view with Eastern Exposure. Carpet in Living Room installed last year. New AC installed in November 2017. Hot Water Tank is One Year old. Carpet in Bedrooms. Wonderful location away from Livingston with NO road noise. Short walk to community pool and spa. Milano has a great location to I-75, shopping, fine restaurants, Naples and Bonita Beach Beaches, Great School District. Priced to sell and sellers are motivated. Ideal Community for Rentals - Wolford College has many students renting in here, Wonderful Property Manager, Cap Rates on Rentals can exceed 6%.
-
2018-02-07$239,900 Active 679-char remark
Show marketing remark (679 chars)
JUST REDUCED AND SELLER IS MOTIVATED. New to Market. 3 bedroom, 2-1/2 bath townhome in Milano. One car garage, lake view with Eastern Exposure. Carpet in Living Room installed last year. New AC installed in November 2017. Hot Water Tank is One Year old. Carpet in Bedrooms. Wonderful location away from Livingston with NO road noise. Short walk to community pool and spa. Milano has a great location to I-75, shopping, fine restaurants, Naples and Bonita Beach Beaches, Great School District. Priced to sell and sellers are motivated. Ideal Community for Rentals - Wolford College has many students renting in here, Wonderful Property Manager, Cap Rates on Rentals can exceed 6%.
ⓘ 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
- $2,076 · $173/mo
- Projected year-2 tax
- $3,175 · $265/mo
- Expected delta
- +$1,099/yr (+$92/mo · 52.9%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 3/10 Moderate FEMA zone X (unshaded) · 10% chance over 30 yrs
- Wildfire 2/10 Low
- Heat 10/10 Extreme 7 d/yr ≥108°F today · 31 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $67,838
- − Mortgage interest
- −$21,426
- − Property taxes
- −$2,076
- − Insurance
- −$1,912
- − Repairs & maintenance
- −$5,427
- − Management
- −$5,427
- − HOA
- −$5,880
- − Depreciation
- −$11,127
- Taxable income
- $14,562
- Est. tax owed @ 24.0%
- −$3,495
- After-tax cash flow
- $16,158/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 — Bonita Springs
- Score
- 70/100
- State rank
- #428
- US rank
- #7576
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Collier County · 396,295 people
- Metro
- Naples-Marco Island, FL
- Population (ZIP)
- 25,630
- Household income
- $97,564
- Rent vs Own
- Severe rent burden
- 1006.0
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 (84%)
- Race & ethnicity
- White 84% Hispanic / Latino 10% Two or more races 9% Asian 2% Black 1%
- Hispanic origin (detail)
- Mexican 2% Puerto Rican 1% Cuban 3%
- Common ancestry
- Romanian 4% Lithuanian 3% Slovak 2%
- Foreign-born
- 11% · Canada, South Korea
- Languages at home
- 87% English-only · Spanish 7% Other Indo-European 3% French/Haitian/Cajun 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
- ▼ -172.68%
- Current HPI
- 267.4644
- Rent YoY
- ▼ -1.06%
- 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 |
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| Insurance | 2 | $17B |
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| Retail | 1 | $60B |
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| Technology Distribution | 1 | $58B |
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| Homebuilding | 1 | $35B |
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| Technology Manufacturing | 1 | $35B |
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Price history
+61.5% since first listed16 events — show timeline
- 2026-05-05 Price Changed $387,500 NAPLESMLS
- 2026-02-25 Price Changed $392,000 NAPLESMLS
- 2026-02-03 Price Changed $405,000 NAPLESMLS
- 2025-12-17 Listed $415,000 NAPLESMLS
- 2019-06-03 Sold (Public Records) $241,500 Public Records
- 2019-05-30 Sold (MLS) $241,500 NAPLESMLS
- 2019-04-05 Pending — NAPLESMLS
- 2019-03-23 Relisted — NAPLESMLS
- 2019-03-19 Price Changed $245,000 NAPLESMLS
- 2019-03-11 Listing Removed — NAPLESMLS
- 2019-02-11 Listed $257,900 NAPLESMLS
- 2018-06-11 Sold (Public Records) $210,000 Public Records
- 2018-06-11 Sold (MLS) $210,000 NAPLESMLS
- 2018-04-02 Pending — NAPLESMLS
- 2018-03-15 Price Changed $234,900 NAPLESMLS
- 2018-02-07 Listed $239,900 NAPLESMLS
Property tax history
+2.5%/yrLatest (2025): $2,076 · +2.5% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…