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28018 Sosta Ln #3
C+ Composite 61.28
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 +25.2/30.0
  • DSCR +8.3/10.0
  • 1% rule +7.8/10.0
  • ARV discount +7.5/15.0
  • Schools +4.1/10.0
  • Livability +3.5/5.0
  • Condition / age +2.5/5.0
  • Rent growth +2.3/5.0
  • Appreciation +0.0/10.0

$425,000

28018 Sosta Ln #3 · Bonita Springs, FL 34135
3 bd · 2.0 ba · 1,540 sqft · Condo public records · 101 Days on market
Built 2016 $671/mo HOA · 12% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

This luxurious carriage home offers three bedrooms plus a den and two bathrooms. This end unit has both an open floor plan and split bedrooms. Beautifully appointed with 42” upper kitchen cabinets, granite kitchen and bathroom counter tops, tile kitchen back-splash, stainless steel kitchen appliances, washer, dryer, 5 1/4" baseboards, crown molding, upgraded carpet, 17” diagonal tile, impact glass windows and sliding glass doors, and so much more. At Sorrento you’ll enjoy a maintenance free lifestyle and resort style amenities as well as the convenience of being close to shopping, dining, beaches, entertainment and so much more! Sorrento is a new gated community located in Bonita Springs. Photos are of a decorated model & not of actual home.

Key facts

  • Versatile den
  • New white cabinetry
  • Architectural charm

Tags

REMODELED PRIMARY BATHUPDATED KITCHENNEW WHITE CABINETRYELEGANT QUARTZ COUNTERTOPSARCHITECTURAL CHARMVERSATILE DEN

Property features AI

Finance

  • Financial info: Quarterly condo fee totaling $2,013; Total annual recurring HOA fees $8,052; One-time fees $100
  • HOA & community: Mandatory HOA (Condo management); Quarterly condo fee; HOA covers cable, internet/Wi-Fi, irrigation water, lawn/land maintenance, legal/accounting, exterior pest control, sewer, street lights, street maintenance, trash removal and water; Community amenities include clubhouse, community pool, exercise room, bocce court and extra storage; Gated community

Exterior

  • Parking: Attached garage with 1 parking space
  • Security: Gated community
  • Utilities: Central water; Central sewer; Cable available
  • Home design: Single-family carriage/coach end-unit; Two-story building; Built in 2016; Located in the SORRENTO gated community
  • Construction: Concrete block construction; Tile roof; Impact resistant windows
  • Exterior features: Stucco exterior; Zero lot line; West rear exposure; Impact resistant windows and doors; No canal access

Interior

  • Kitchen: Kitchen island; Walk-in pantry; Dishwasher; Disposal; Freezer; Microwave; Refrigerator/freezer
  • Bedrooms: Three bedrooms plus a den
  • Flooring: Tile floors
  • Bathrooms: Two full bathrooms; Master bathroom with dual sinks and a shower (no tub)
  • Heating & cooling: Central electric heating; Central electric cooling
  • Interior features: Built-in cabinets; Cable prewire; Foyer; High-speed internet available; Pantry; Smoke detectors; Walk-in closet; Split bedroom floor plan; Den (study); Screened lanai/porch; Nine total rooms
  • Laundry & utility: Laundry in residence; Washer included; Auto garage door

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath condo listed at $425k.

Deal economics

  • At list price, monthly cash flow is $954 ($11k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($5k rent vs $425k).
  • Recommended offer: $387k (9.0% below list) — sets the bar for market timing.
  • Cap rate 9.0% 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.
  • 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.
  • Zoned schools: Pinewoods Elementary School (math 81% / reading 74%, grade A, #163 of 2,144 statewide, top 8%, 1,089 students, 25% FRL); Lexington Middle School (math 55% / reading 54%, grade B-, #183 of 571 statewide, top 34%, 1,138 students, 44% FRL); South Fort Myers High School (math 23% / reading 30%, grade F, #489 of 667 statewide, top 74%, 1,917 students, 50% FRL) — zoned schools average 39% FRL vs 57% district-wide (18 pts lower); this property's tenant base skews higher-income than the district average.
  • Market conditions: Rents soft (-0.6%/yr); 843 active listings in the ZIP; 35 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; 15,411 units permitted in Lee County in 2024 (4,686 in 5+ unit buildings).
  • At $5,434/mo this rent would consume 71% of the median local household income ($91k/yr) (locally 976% 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 $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 101 days — a 9% lower offer ($387k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 10y ago; this cycle's ask has dropped $25k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $237k; list at $425k implies a 79% gain — meaningful room to come down on a strong offer.
Recommended offer $386,750 (9.0% below list)

Questions for the listing agent

  1. It's been on market 101 days. Have you received any prior offers? Is the seller open to a 9% 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. 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 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
1.28%
Cap rate
8.99%
Cash-on-cash
9.62%
DSCR
1.43
GRM
6.5

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
-5.5%
Equity multiple
0.80×
Total profit
$-23,697
Equity at exit
$63,369
10-year hold
IRR
-0.4%
Equity multiple
0.98×
Total profit
$-2,592
Equity at exit
$36,746

Cash invested: $119,000 (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.

ZIP-level market 34135

Rents YoY
-0.6%
Active inventory
843
Price-to-rent
6.5×

Monthly cashflow live

Estimated rent
$5,434 high interval (Pro) →
Mortgage (P&I)
$2,229
Tax from tax record
$262 /mo · $3,139/yr
Insurance
$177
HOA
$671
Vacancy / Maint / Mgmt
$1,141
Net cashflow
$954

Break-even live

Break-even rent $4,226
Max offer price $425,000
Occupancy floor 77%

Sensitivity live

Price -10% $1,195 -5% $1,074 +0% $954 +5% $834 +10% $714
Rent -10% $525 -5% $739 +0% $954 +5% $1,169 +10% $1,383
Rate -1.0pp $1,168 -0.5pp $1,062 base $954 +0.5pp $844 +1.0pp $732

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
$106,250
Closing costs
$12,750
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 35 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
28008 Sosta Ln #4 Bonita Springs, FL 3.0 2.0 1541 $6,000 $3.89 25d 1 0.06mi
28086 Sosta Ln #1 Bonita Springs, FL 2.0 2.0 1402 $2,300 $1.64 4d 1 0.14mi
28050 Boccaccio Way Bonita Springs, FL 2.0 2.0 1534 $2,600 $1.69 25d 1 0.24mi
28576 Alessandria Cir Bonita Springs, FL 3.0 3.0 1868 $2,595 $1.39 21d 1 0.31mi
14099 Tivoli Ter Bonita Springs, FL 3.0 2.0 2205 $3,500 $1.59 15d 1 0.32mi
14706 Escalante Way Bonita Springs, FL 3.0 3.0 1868 $2,600 $1.39 25d 1 0.44mi
28719 Alessandria Cir Bonita Springs, FL 3.0 3.0 1868 $2,400 $1.28 25d 1 0.46mi
28068 Cavendish Ct #2310 Bonita Springs, FL 2.0 2.0 1339 $5,500 $4.11 25d 1 0.61mi
28068 Cavendish Ct #2301 Bonita Springs, FL 3.0 2.0 1222 $6,000 $4.91 15d 1 0.61mi
28064 Cavendish Ct #2404 Bonita Springs, FL 2.0 2.0 1076 $5,300 $4.93 25d 1 0.61mi
28076 Cavendish Ct #2101 Bonita Springs, FL 3.0 2.0 1222 $6,250 $5.11 25d 1 0.62mi
28048 Cavendish Ct #5904 Bonita Springs, FL 2.0 2.0 1446 $6,500 $4.50 23d 1 0.65mi
28000 Quiet Water Way Bonita Springs, FL 3.0 2.0 2174 $6,250 $2.87 25d 1 0.80mi
13962 Southampton Dr #4404 Bonita Springs, FL 2.0 2.0 1446 $6,500 $4.50 25d 1 0.87mi
28648 San Lucas Ln #102 Bonita Springs, FL 2.0 2.0 1940 $8,000 $4.12 25d 1 0.89mi
13520 Southampton Dr Bonita Springs, FL 3.0 2.0 1642 $8,000 $4.87 25d 1 0.90mi
15107 Auk Way Bonita Springs, FL 3.0 3.0 1868 $6,200 $3.32 23d 1 0.99mi
28495 Villagewalk Blvd Bonita Springs, FL 3.0 3.0 1868 $3,500 $1.87 17d 1 1.04mi
15317 Laughing Gull Ln Bonita Springs, FL 3.0 3.0 1800 $6,700 $3.72 25d 1 1.07mi
13611 Worthington Way #1312 Bonita Springs, FL 3.0 2.0 1312 $5,500 $4.19 25d 1 1.09mi
28751 Xenon Way Bonita Springs, FL 3.0 2.0 1661 $2,650 $1.60 4d 1 1.10mi
15369 Laughing Gull Ln Bonita Springs, FL 3.0 3.0 1868 $4,999 $2.68 25d 1 1.14mi
13641 Worthington Way #1610 Bonita Springs, FL 2.0 2.0 1204 $5,799 $4.82 23d 1 1.17mi
28869 Vermillion Ln Bonita Springs, FL 2.0 2.0 1534 $4,000 $2.61 17d 1 1.17mi
13641 Worthington Way Bonita Springs, FL 2.0 2.0 1140 $4,000 $3.51 4d 2 1.18mi
13641 Worthington Way Bonita Springs, FL 2.0 2.0 1140 $4,150 $3.64 17d 2 1.18mi
28207 Islet Trl Bonita Springs, FL 2.0 2.0 1534 $3,300 $2.15 25d 1 1.26mi
13260 Sherburne Cir #2704 Bonita Springs, FL 2.0 2.0 1446 $6,500 $4.50 23d 1 1.27mi
13270 Sherburne Cir #2903 Bonita Springs, FL 2.0 2.0 1487 $6,000 $4.03 25d 1 1.27mi
13256 Sherburne Cir #2603 Bonita Springs, FL 3.0 2.0 1576 $6,500 $4.12 25d 1 1.28mi
13231 Sherburne Cir #1504 Bonita Springs, FL 2.0 2.0 1446 $6,500 $4.50 25d 1 1.32mi
15561 Latitude Dr Bonita Springs, FL 3.0 3.0 1868 $5,600 $3.00 25d 1 1.40mi
13070 Amberley Ct #902 Bonita Springs, FL 2.0 2.0 1076 $5,800 $5.39 25d 1 1.44mi
13080 Bridgeford Ave Bonita Springs, FL 2.0 2.0 1882 $9,000 $4.78 16d 1 1.45mi
13060 Amberley Ct #809 Bonita Springs, FL 2.0 2.0 1204 $5,500 $4.57 25d 1 1.48mi

HOA detail condo

Monthly dues
$671 · $8,052/yr
Likely covers
security
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 29 events

  1. 2026-06-22
    days on market $425,000 Active 101 DOM
  2. 2026-06-17
    days on market $425,000 Active 97 DOM
  3. 2026-06-16
    days on market $425,000 Active 96 DOM
  4. 2026-06-15
    days on market $425,000 Active 95 DOM
  5. 2026-06-13
    days on market $425,000 Active 93 DOM
  6. 2026-06-10
    days on market $425,000 Active 90 DOM
  7. 2026-06-09
    days on market $425,000 Active 89 DOM
  8. 2026-06-07
    days on market $425,000 Active 87 DOM
  9. 2026-06-03
    days on market $425,000 Active 83 DOM
  10. 2026-06-02
    days on market $425,000 Active 82 DOM
  11. 2026-06-01
    days on market $425,000 Active 81 DOM
  12. 2026-06-01
    days on market $425,000 Active 80 DOM
  13. 2026-03-26
    price $425,000
  14. 2026-03-12
    listed $450,000 Active
  15. 2017-04-06
    status Active 780-char remark
    Show marketing remark (780 chars)

    This luxurious carriage home offers three bedrooms plus a den and two bathrooms. This end unit has both an open floor plan and split bedrooms. Beautifully appointed with 42” upper kitchen cabinets, granite kitchen and bathroom counter tops, tile kitchen back-splash, stainless steel kitchen appliances, washer, dryer, 5 1/4" baseboards, crown molding, upgraded carpet, 17” diagonal tile, impact glass windows and sliding glass doors, and so much more. At Sorrento you’ll enjoy a maintenance free lifestyle and resort style amenities as well as the convenience of being close to shopping, dining, beaches, entertainment and so much more! Sorrento is a new gated community located in Bonita Springs. Photos are of a decorated model & not of actual home.

  16. 2017-04-06
    soldstatus $237,309 Sold 780-char remark
    Show marketing remark (780 chars)

    This luxurious carriage home offers three bedrooms plus a den and two bathrooms. This end unit has both an open floor plan and split bedrooms. Beautifully appointed with 42” upper kitchen cabinets, granite kitchen and bathroom counter tops, tile kitchen back-splash, stainless steel kitchen appliances, washer, dryer, 5 1/4" baseboards, crown molding, upgraded carpet, 17” diagonal tile, impact glass windows and sliding glass doors, and so much more. At Sorrento you’ll enjoy a maintenance free lifestyle and resort style amenities as well as the convenience of being close to shopping, dining, beaches, entertainment and so much more! Sorrento is a new gated community located in Bonita Springs. Photos are of a decorated model & not of actual home.

  17. 2017-02-20
    status Pending 780-char remark
    Show marketing remark (780 chars)

    This luxurious carriage home offers three bedrooms plus a den and two bathrooms. This end unit has both an open floor plan and split bedrooms. Beautifully appointed with 42” upper kitchen cabinets, granite kitchen and bathroom counter tops, tile kitchen back-splash, stainless steel kitchen appliances, washer, dryer, 5 1/4" baseboards, crown molding, upgraded carpet, 17” diagonal tile, impact glass windows and sliding glass doors, and so much more. At Sorrento you’ll enjoy a maintenance free lifestyle and resort style amenities as well as the convenience of being close to shopping, dining, beaches, entertainment and so much more! Sorrento is a new gated community located in Bonita Springs. Photos are of a decorated model & not of actual home.

  18. 2017-01-20
    price $237,309 780-char remark
    Show marketing remark (780 chars)

    This luxurious carriage home offers three bedrooms plus a den and two bathrooms. This end unit has both an open floor plan and split bedrooms. Beautifully appointed with 42” upper kitchen cabinets, granite kitchen and bathroom counter tops, tile kitchen back-splash, stainless steel kitchen appliances, washer, dryer, 5 1/4" baseboards, crown molding, upgraded carpet, 17” diagonal tile, impact glass windows and sliding glass doors, and so much more. At Sorrento you’ll enjoy a maintenance free lifestyle and resort style amenities as well as the convenience of being close to shopping, dining, beaches, entertainment and so much more! Sorrento is a new gated community located in Bonita Springs. Photos are of a decorated model & not of actual home.

  19. 2017-01-15
    price $244,309 780-char remark
    Show marketing remark (780 chars)

    This luxurious carriage home offers three bedrooms plus a den and two bathrooms. This end unit has both an open floor plan and split bedrooms. Beautifully appointed with 42” upper kitchen cabinets, granite kitchen and bathroom counter tops, tile kitchen back-splash, stainless steel kitchen appliances, washer, dryer, 5 1/4" baseboards, crown molding, upgraded carpet, 17” diagonal tile, impact glass windows and sliding glass doors, and so much more. At Sorrento you’ll enjoy a maintenance free lifestyle and resort style amenities as well as the convenience of being close to shopping, dining, beaches, entertainment and so much more! Sorrento is a new gated community located in Bonita Springs. Photos are of a decorated model & not of actual home.

  20. 2017-01-06
    price $249,990 780-char remark
    Show marketing remark (780 chars)

    This luxurious carriage home offers three bedrooms plus a den and two bathrooms. This end unit has both an open floor plan and split bedrooms. Beautifully appointed with 42” upper kitchen cabinets, granite kitchen and bathroom counter tops, tile kitchen back-splash, stainless steel kitchen appliances, washer, dryer, 5 1/4" baseboards, crown molding, upgraded carpet, 17” diagonal tile, impact glass windows and sliding glass doors, and so much more. At Sorrento you’ll enjoy a maintenance free lifestyle and resort style amenities as well as the convenience of being close to shopping, dining, beaches, entertainment and so much more! Sorrento is a new gated community located in Bonita Springs. Photos are of a decorated model & not of actual home.

  21. 2017-01-06
    price $254,524 780-char remark
    Show marketing remark (780 chars)

    This luxurious carriage home offers three bedrooms plus a den and two bathrooms. This end unit has both an open floor plan and split bedrooms. Beautifully appointed with 42” upper kitchen cabinets, granite kitchen and bathroom counter tops, tile kitchen back-splash, stainless steel kitchen appliances, washer, dryer, 5 1/4" baseboards, crown molding, upgraded carpet, 17” diagonal tile, impact glass windows and sliding glass doors, and so much more. At Sorrento you’ll enjoy a maintenance free lifestyle and resort style amenities as well as the convenience of being close to shopping, dining, beaches, entertainment and so much more! Sorrento is a new gated community located in Bonita Springs. Photos are of a decorated model & not of actual home.

  22. 2016-12-14
    price $257,309 780-char remark
    Show marketing remark (780 chars)

    This luxurious carriage home offers three bedrooms plus a den and two bathrooms. This end unit has both an open floor plan and split bedrooms. Beautifully appointed with 42” upper kitchen cabinets, granite kitchen and bathroom counter tops, tile kitchen back-splash, stainless steel kitchen appliances, washer, dryer, 5 1/4" baseboards, crown molding, upgraded carpet, 17” diagonal tile, impact glass windows and sliding glass doors, and so much more. At Sorrento you’ll enjoy a maintenance free lifestyle and resort style amenities as well as the convenience of being close to shopping, dining, beaches, entertainment and so much more! Sorrento is a new gated community located in Bonita Springs. Photos are of a decorated model & not of actual home.

  23. 2016-11-28
    price $262,309 780-char remark
    Show marketing remark (780 chars)

    This luxurious carriage home offers three bedrooms plus a den and two bathrooms. This end unit has both an open floor plan and split bedrooms. Beautifully appointed with 42” upper kitchen cabinets, granite kitchen and bathroom counter tops, tile kitchen back-splash, stainless steel kitchen appliances, washer, dryer, 5 1/4" baseboards, crown molding, upgraded carpet, 17” diagonal tile, impact glass windows and sliding glass doors, and so much more. At Sorrento you’ll enjoy a maintenance free lifestyle and resort style amenities as well as the convenience of being close to shopping, dining, beaches, entertainment and so much more! Sorrento is a new gated community located in Bonita Springs. Photos are of a decorated model & not of actual home.

  24. 2016-10-03
    price $264,744 780-char remark
    Show marketing remark (780 chars)

    This luxurious carriage home offers three bedrooms plus a den and two bathrooms. This end unit has both an open floor plan and split bedrooms. Beautifully appointed with 42” upper kitchen cabinets, granite kitchen and bathroom counter tops, tile kitchen back-splash, stainless steel kitchen appliances, washer, dryer, 5 1/4" baseboards, crown molding, upgraded carpet, 17” diagonal tile, impact glass windows and sliding glass doors, and so much more. At Sorrento you’ll enjoy a maintenance free lifestyle and resort style amenities as well as the convenience of being close to shopping, dining, beaches, entertainment and so much more! Sorrento is a new gated community located in Bonita Springs. Photos are of a decorated model & not of actual home.

  25. 2016-09-19
    price $235,744 780-char remark
    Show marketing remark (780 chars)

    This luxurious carriage home offers three bedrooms plus a den and two bathrooms. This end unit has both an open floor plan and split bedrooms. Beautifully appointed with 42” upper kitchen cabinets, granite kitchen and bathroom counter tops, tile kitchen back-splash, stainless steel kitchen appliances, washer, dryer, 5 1/4" baseboards, crown molding, upgraded carpet, 17” diagonal tile, impact glass windows and sliding glass doors, and so much more. At Sorrento you’ll enjoy a maintenance free lifestyle and resort style amenities as well as the convenience of being close to shopping, dining, beaches, entertainment and so much more! Sorrento is a new gated community located in Bonita Springs. Photos are of a decorated model & not of actual home.

  26. 2016-08-31
    price $252,744 780-char remark
    Show marketing remark (780 chars)

    This luxurious carriage home offers three bedrooms plus a den and two bathrooms. This end unit has both an open floor plan and split bedrooms. Beautifully appointed with 42” upper kitchen cabinets, granite kitchen and bathroom counter tops, tile kitchen back-splash, stainless steel kitchen appliances, washer, dryer, 5 1/4" baseboards, crown molding, upgraded carpet, 17” diagonal tile, impact glass windows and sliding glass doors, and so much more. At Sorrento you’ll enjoy a maintenance free lifestyle and resort style amenities as well as the convenience of being close to shopping, dining, beaches, entertainment and so much more! Sorrento is a new gated community located in Bonita Springs. Photos are of a decorated model & not of actual home.

  27. 2016-07-13
    price $244,219 780-char remark
    Show marketing remark (780 chars)

    This luxurious carriage home offers three bedrooms plus a den and two bathrooms. This end unit has both an open floor plan and split bedrooms. Beautifully appointed with 42” upper kitchen cabinets, granite kitchen and bathroom counter tops, tile kitchen back-splash, stainless steel kitchen appliances, washer, dryer, 5 1/4" baseboards, crown molding, upgraded carpet, 17” diagonal tile, impact glass windows and sliding glass doors, and so much more. At Sorrento you’ll enjoy a maintenance free lifestyle and resort style amenities as well as the convenience of being close to shopping, dining, beaches, entertainment and so much more! Sorrento is a new gated community located in Bonita Springs. Photos are of a decorated model & not of actual home.

  28. 2016-04-26
    price $249,904 780-char remark
    Show marketing remark (780 chars)

    This luxurious carriage home offers three bedrooms plus a den and two bathrooms. This end unit has both an open floor plan and split bedrooms. Beautifully appointed with 42” upper kitchen cabinets, granite kitchen and bathroom counter tops, tile kitchen back-splash, stainless steel kitchen appliances, washer, dryer, 5 1/4" baseboards, crown molding, upgraded carpet, 17” diagonal tile, impact glass windows and sliding glass doors, and so much more. At Sorrento you’ll enjoy a maintenance free lifestyle and resort style amenities as well as the convenience of being close to shopping, dining, beaches, entertainment and so much more! Sorrento is a new gated community located in Bonita Springs. Photos are of a decorated model & not of actual home.

  29. 2016-04-15
    listed $281,904 Active 780-char remark
    Show marketing remark (780 chars)

    This luxurious carriage home offers three bedrooms plus a den and two bathrooms. This end unit has both an open floor plan and split bedrooms. Beautifully appointed with 42” upper kitchen cabinets, granite kitchen and bathroom counter tops, tile kitchen back-splash, stainless steel kitchen appliances, washer, dryer, 5 1/4" baseboards, crown molding, upgraded carpet, 17” diagonal tile, impact glass windows and sliding glass doors, and so much more. At Sorrento you’ll enjoy a maintenance free lifestyle and resort style amenities as well as the convenience of being close to shopping, dining, beaches, entertainment and so much more! Sorrento is a new gated community located in Bonita Springs. Photos are of a decorated model & not of actual home.

ⓘ 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
$3,139 · $262/mo
Projected year-2 tax
$3,528 · $294/mo
Expected delta
+$388/yr (+$32/mo · 12.4%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$65,203
− Mortgage interest
−$23,807
− Property taxes
−$3,139
− Insurance
−$2,125
− Repairs & maintenance
−$5,216
− Management
−$5,216
− HOA
−$8,052
− Depreciation
−$12,364
Taxable income
$5,284
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,268
After-tax cash flow
$10,181/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 — Bonita Springs

Score
70/100
State rank
#428
US rank
#7576

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Bonita Springs, FL
County
Lee County · 788,662 people
City population
64,727
Metro
Cape Coral-Fort Myers, FL
Population (ZIP)
48,252
Household income
$91,380
Rent vs Own
17.7% rent · 82.3% own
Severe rent burden
976.0

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 (69%)
Race & ethnicity
White 69% Hispanic / Latino 26% Two or more races 13% Native American 3% Black 2%
Hispanic origin (detail)
Mexican 8% Puerto Rican 4% Cuban 3%
Common ancestry
Romanian 5% Lithuanian 2% Slovak 2%
Foreign-born
22% · Canada, Jamaica
Languages at home
74% English-only · Spanish 21% French/Haitian/Cajun 1% Russian/Polish/Slavic 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
▼ -188.86%
Current HPI
243.4153
Rent YoY
▼ -0.61%
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

Price history

+50.8% since first listed
17 events — show timeline
  • 2026-03-26 Price Changed $425,000 NAPLESMLS
  • 2026-03-12 Listed $450,000 NAPLESMLS
  • 2017-04-06 Relisted NAPLESMLS
  • 2017-04-06 Sold (MLS) $237,309 NAPLESMLS
  • 2017-02-20 Pending NAPLESMLS
  • 2017-01-20 Price Changed $237,309 NAPLESMLS
  • 2017-01-15 Price Changed $244,309 NAPLESMLS
  • 2017-01-06 Price Changed $249,990 NAPLESMLS
  • 2017-01-06 Price Changed $254,524 NAPLESMLS
  • 2016-12-14 Price Changed $257,309 NAPLESMLS
  • 2016-11-28 Price Changed $262,309 NAPLESMLS
  • 2016-10-03 Price Changed $264,744 NAPLESMLS
  • 2016-09-19 Price Changed $235,744 NAPLESMLS
  • 2016-08-31 Price Changed $252,744 NAPLESMLS
  • 2016-07-13 Price Changed $244,219 NAPLESMLS
  • 2016-04-26 Price Changed $249,904 NAPLESMLS
  • 2016-04-15 Listed $281,904 NAPLESMLS

Property tax history

+23.6%/yr

Latest (2025): $3,139 · +3.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…