27041 Edgewood St · Bonita Springs, FL 34135

$5,000

3 bd · 2.0 ba · 1,481 sqft · SingleFamily public records · 9 Days on market

Built 1982 0.28 ac lot

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Why this score? — see what drove the D 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 +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• 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

Listing remarks MLS

A lovely three bedroom, two bathroom single family home on a quiet cut-de-sac ideally located in the heart of Bonita. Minutes to schools, shops, restaurants, the newly redeveloped historic district and, of course, the beautiful beaches! A really great family and pet friendly residence surrounded by brand new 6ft white panel fencing with a lifetime warranty. A private and good sized yard with mature palm trees, hurricane rated car port and spacious shed, plus hurricane coverings for all openings. New Carrier A/C system and ducting, new Water Heater. Large well equipped kitchen featuring stain grade solid maple cabinets, matching crown molding, beautiful granite counter tops and stainless steel appliances. Mix of tile and new waterproof vinyl oak flooring throughout, including lanai. All interior doors are new with designer casings and new brushed stainless hardware. New 5" and 7" wood baseboard throughout, granite vanity tops in both bathrooms, separate laundry room with good storage. Just professionally painted inside and out, this home has been really well maintained by the owner of 16 years, who is also the Realtor!

Key facts

• 0.28 acre lot
• Built 1982
• Listed 9 days

Property features AI

Finance

• Financial info: Property is listed for auction
• HOA & community: No association fee; Association fee covers: Other; No first right of refusal

Exterior

• Utilities: Utilities: Other (see remarks)
• Home design: Single-family property; Built in 1982
• Construction: Other construction materials
• Exterior features: No waterfront; No water view; Dockage: Other dockage; Lot approximately 1/4 to 1/2 acre; Bay/Gulf side location

Interior

• Bedrooms: Bedroom 1; Bedroom 2; Bedroom 3
• Bathrooms: 2 full bathrooms
• Interior features: Other appliances (see remarks)

🏷️ Possibly a rental listed for sale. The $5,000 price doesn't fit this home's estimated sale value (~$438,376) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $5k.

Deal economics

• At list price, monthly cash flow is $2k ($28k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $5k).
• Cap rate 664.0% 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: schools C-, cost of living C-, health & safety D.
• Lee (suburban): math 47% / reading 50% proficiency, ranked #42 of 73 in FL (top 58%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents soft (-0.6%/yr); 835 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 15,411 units permitted in Lee County in 2024 (4,686 in 5+ unit buildings).
• At $3,513/mo this rent would consume 46% 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 $35 of loan paydown is wiped out by about $150 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.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $1k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• Only 9 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 7y 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.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→31/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $5,000

Questions for the listing agent

1. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
4. 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.
5. 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.
6. 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: 70.26% ✓
• Cap rate: 664.04%
• Cash-on-cash: 2349.10%
• DSCR: 105.52
• GRM: 0.1

CMA / ARV

• ARV (on-the-fly): $438,376
• Comps found: 8

Show comp detail 8 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
27225 Belle Rio Dr	0.43mi	3/2.0	1,524 (+3%)	10mo	$400,000	$262	66
10142 Tropical Dr	0.57mi	3/2.0	1,457 (-2%)	13mo	$455,000	$312	60
27031 Jackson Ave	0.30mi	3/3.0	1,400 (-6%)	20mo	$439,000	$314	57
9863 Kentucky St	0.63mi	2/2.0 (-1)	1,449 (-2%)	11mo	$320,000	$221	53
27630 Wisconsin St	0.68mi	3/2.0	1,555 (+5%)	9mo	$352,000	$226	52
26579 Bonita Fairways Blvd NW	0.58mi	3/2.5	1,640 (+11%)	12mo	$484,990	$296	42
26583 Bonita Fairways Blvd	0.58mi	3/2.5	1,640 (+11%)	16mo	$552,850	$337	40
10070 Carolina St	0.71mi	3/2.0	1,287 (-13%)	13mo	$357,000	$277	34

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 98.57×
• Total profit: $136,595
• Equity at exit: $746

10-year hold

• IRR: —
• Equity multiple: 194.01×
• Total profit: $270,221
• Equity at exit: $432

Cash invested: $1,400 (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 34135

• Rents YoY: -0.6%
• Active inventory: 835
• Price-to-rent: 0.1×

Monthly cashflow live

• Estimated rent: $3,513 high
• Mortgage (P&I): −$26
• Tax est. 1.5%: −$6 /mo · $75/yr
• Insurance: −$2
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$738
• Net cashflow: $2,314

Break-even live

Break-even rent $584

Max offer price $5,000

Occupancy floor 29%

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: $1,250
• Closing costs: $150
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
27035 Serrano Way #201 Bonita Springs, FL	4.0	2.0	1772	$2,700	$1.52	23d	1	0.11mi
27044 Williams Rd Bonita Springs, FL	3.0	3.0	1600	$6,900	$4.31	23d	1	0.17mi
27020 Adriana Cir #201 Bonita Springs, FL	4.0	2.0	1841	$2,900	$1.58	23d	1	0.19mi
26239 Bonita Fairways Cir Bonita Springs, FL	2.0	2.0	1088	$2,500	$2.30	23d	1	0.28mi
27130 Flamingo Dr Bonita Springs, FL	3.0	2.0	1781	$8,500	$4.77	23d	1	0.40mi
26700 Rosewood Pointe Dr Bonita Springs, FL	2.0	2.0	1199	$2,200	$1.83	3d	2	0.49mi
26691 Rosewood Pointe Dr #101 Bonita Springs, FL	2.0	2.0	1216	$3,600	$2.96	23d	1	0.54mi
26600 Rosewood Pointe Dr Unit B-107 Bonita Springs, FL	3.0	2.0	1616	$6,000	$3.71	23d	1	0.54mi
26600 Rosewood Pointe Dr Unit B-101 Bonita Springs, FL	2.0	2.0	983	$2,200	$2.24	3d	1	0.54mi
26660 Rosewood Pointe Dr #203 Bonita Springs, FL	2.0	2.0	1190	$3,500	$2.94	23d	1	0.54mi
26680 Bonita Fairways Blvd #201 Bonita Springs, FL	2.0	2.0	1216	$4,500	$3.70	23d	1	0.55mi
26589-610 Rosewood Pointe Dr Unit A 301 Bonita Springs, FL	2.0	2.0	986	$3,500	$3.55	23d	1	0.55mi
26603 Bonita Fairways Blvd Bonita Springs, FL	3.0	2.0	1308	$4,500	$3.44	16d	1	0.55mi
26610 Rosewood Pointe Dr #308 Bonita Springs, FL	2.0	2.0	1231	$2,100	$1.71	3d	1	0.56mi
10004 Connecticut St Bonita Springs, FL	3.0	2.0	1420	$3,100	$2.18	23d	1	0.60mi
26175 Bonita Fairways Blvd Bonita Springs, FL	3.0	2.0	1308	$3,000	$2.29	16d	1	0.61mi
26282 Queen Mary Ln Bonita Springs, FL	2.0	2.0	1236	$1,800	$1.46	23d	1	0.62mi
26991 Clarkston Dr #8106 Bonita Springs, FL	2.0	2.0	1556	$7,875	$5.06	23d	1	0.62mi
27640 Michigan St Bonita Springs, FL	3.0	2.0	1510	$8,995	$5.96	23d	1	0.63mi
9500 Highland Woods Blvd #207 Bonita Springs, FL	2.0	2.0	1162	$1,600	$1.38	23d	1	0.64mi
27250 Shriver Ave Unit 1073504P Bonita Springs, FL	2.0	1.0	661	$4,275	$6.46	3d	2	0.65mi
27581 Hacienda East Blvd Unit 1256822P Bonita Springs, FL	2.0	2.5	1808	$3,133	$1.73	19d	1	0.65mi
9450 Highland Woods Blvd #6203 Bonita Springs, FL	2.0	2.0	1100	$6,000	$5.45	14d	1	0.67mi
9834 Kentucky St Bonita Springs, FL	3.0	2.0	1332	$3,450	$2.59	23d	1	0.69mi
26240 Bonita Fairways Blvd Bonita Springs, FL	3.0	2.5	1704	$2,999	$1.76	21d	1	0.69mi
27715 Tennessee St Unit b Bonita Springs, FL	2.0	1.0	885	$1,750	$1.98	23d	1	0.72mi
27681 Hacienda East Blvd Bonita Springs, FL	2.0	2.5	1675	$3,000	$1.79	23d	1	0.74mi
27249 Pullen Ave #4 Bonita Springs, FL	2.0	2.5	956	$3,200	$3.35	23d	1	0.74mi
27249 Pullen Ave #5 Bonita Springs, FL	2.0	2.0	956	$1,950	$2.04	23d	1	0.74mi
10725 Wilson St #11 Bonita Springs, FL	2.0	12.0	1008	$1,800	$1.79	23d	1	0.76mi
27439 Pollard Dr Bonita Springs, FL	3.0	2.0	1552	$9,500	$6.12	23d	1	0.77mi
10280 Carolina St Unit 1 Bonita Springs, FL	2.0	1.5	1040	$2,200	$2.12	19d	1	0.79mi
27501 Playa del Rey Ln #503 Bonita Springs, FL	2.0	1.0	1120	$1,875	$1.67	23d	1	0.81mi
27414 Pollard Dr Unit 1073493P Bonita Springs, FL	3.0	2.0	1593	$5,065	$3.18	3d	1	0.81mi
27791 Hacienda East Blvd Unit 222D Bonita Springs, FL	2.0	2.5	1528	$4,200	$2.75	23d	1	0.83mi
27841 Wisconsin St Bonita Springs, FL	3.0	2.0	1164	$3,500	$3.01	23d	1	0.83mi
27750 Hacienda East Blvd Unit 208B Bonita Springs, FL	2.0	2.5	1528	$3,800	$2.49	23d	1	0.83mi
10575 Crockett St Unit 406 Bonita Springs, FL	2.0	2.0	900	$2,450	$2.72	3d	1	0.85mi
10575 Crockett St Unit 303 Bonita Springs, FL	2.0	2.0	1000	$2,400	$2.40	23d	1	0.85mi
27310 Dortch Ave Bonita Springs, FL	3.0	2.0	1400	$2,850	$2.04	13d	1	0.86mi

Listing history 14 events

1. 2026-06-03
   days on market $5,000 Active 9 DOM
2. 2026-06-02
   days on market $5,000 Active 8 DOM
3. 2026-06-01
   days on market $5,000 Active 7 DOM
4. 2026-05-31
   days on market $5,000 Active 6 DOM
5. 2026-05-25
   listed $5,000 Active
6. 2025-12-18
   historical
7. 2025-12-05
   listed $5,000 Active
8. 2019-06-25
   soldstatus $270,000
9. 2019-06-24
   soldstatus $270,000 Sold 1146-char remark

   Show marketing remark (1146 chars)

   A lovely three bedroom, two bathroom single family home on a quiet cut-de-sac ideally located in the heart of Bonita. Minutes to schools, shops, restaurants, the newly redeveloped historic district and, of course, the beautiful beaches! A really great family and pet friendly residence surrounded by brand new 6ft white panel fencing with a lifetime warranty. A private and good sized yard with mature palm trees, hurricane rated car port and spacious shed, plus hurricane coverings for all openings. New Carrier A/C system and ducting, new Water Heater. Large well equipped kitchen featuring stain grade solid maple cabinets, matching crown molding, beautiful granite counter tops and stainless steel appliances. Mix of tile and new waterproof vinyl oak flooring throughout, including lanai. All interior doors are new with designer casings and new brushed stainless hardware. New 5" and 7" wood baseboard throughout, granite vanity tops in both bathrooms, separate laundry room with good storage. Just professionally painted inside and out, this home has been really well maintained by the owner of 16 years, who is also the Realtor!

10. 2019-05-13
    status Pending With Contingencies 1146-char remark

    Show marketing remark (1146 chars)

    A lovely three bedroom, two bathroom single family home on a quiet cut-de-sac ideally located in the heart of Bonita. Minutes to schools, shops, restaurants, the newly redeveloped historic district and, of course, the beautiful beaches! A really great family and pet friendly residence surrounded by brand new 6ft white panel fencing with a lifetime warranty. A private and good sized yard with mature palm trees, hurricane rated car port and spacious shed, plus hurricane coverings for all openings. New Carrier A/C system and ducting, new Water Heater. Large well equipped kitchen featuring stain grade solid maple cabinets, matching crown molding, beautiful granite counter tops and stainless steel appliances. Mix of tile and new waterproof vinyl oak flooring throughout, including lanai. All interior doors are new with designer casings and new brushed stainless hardware. New 5" and 7" wood baseboard throughout, granite vanity tops in both bathrooms, separate laundry room with good storage. Just professionally painted inside and out, this home has been really well maintained by the owner of 16 years, who is also the Realtor!

11. 2019-05-03
    listed $275,000 Active 1146-char remark

    Show marketing remark (1146 chars)

    A lovely three bedroom, two bathroom single family home on a quiet cut-de-sac ideally located in the heart of Bonita. Minutes to schools, shops, restaurants, the newly redeveloped historic district and, of course, the beautiful beaches! A really great family and pet friendly residence surrounded by brand new 6ft white panel fencing with a lifetime warranty. A private and good sized yard with mature palm trees, hurricane rated car port and spacious shed, plus hurricane coverings for all openings. New Carrier A/C system and ducting, new Water Heater. Large well equipped kitchen featuring stain grade solid maple cabinets, matching crown molding, beautiful granite counter tops and stainless steel appliances. Mix of tile and new waterproof vinyl oak flooring throughout, including lanai. All interior doors are new with designer casings and new brushed stainless hardware. New 5" and 7" wood baseboard throughout, granite vanity tops in both bathrooms, separate laundry room with good storage. Just professionally painted inside and out, this home has been really well maintained by the owner of 16 years, who is also the Realtor!

12. 2003-02-26
    soldstatus $110,000
13. 2002-07-05
    soldstatus $128,000
14. 1995-12-01
    soldstatus $69,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 9/10 Extreme FEMA zone AE · 99% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°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

Taxation est. · year 1

• Rental income: $42,155
• − Mortgage interest: −$280
• − Property taxes: −$75
• − Insurance: −$5,144
• − Repairs & maintenance: −$3,372
• − Management: −$3,372
• − Depreciation: −$145
• Taxable income: $29,766
• Est. tax owed @ 24.0%: −$7,144
• After-tax cash flow: $20,625/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
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

-92.8% since first listed

10 events — show timeline

• 2026-05-25 Listed $5,000 FLKMLS
• 2025-12-18 Listing Removed — FLKMLS
• 2025-12-05 Listed $5,000 FLKMLS
• 2019-06-25 Sold (Public Records) $270,000 Public Records
• 2019-06-24 Sold (MLS) $270,000 NAPLESMLS
• 2019-05-13 Pending — NAPLESMLS
• 2019-05-03 Listed $275,000 NAPLESMLS
• 2003-02-26 Sold (Public Records) $110,000 Public Records
• 2002-07-05 Sold (Public Records) $128,000 Public Records
• 1995-12-01 Sold (Public Records) $69,900 Public Records

Property tax history

+8.2%/yr

Latest (2025): $2,485 · -27.1% YoY. Source: county tax records.