3153 Orchard Dr · North Fort Myers, FL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 5/10 · Moderate
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 10/10 · Severe
- Hot days now (above 107°F)
- 7 days/yr
- Hot days in 30 yrs
- 29 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
- ARV discount +15.0/15.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Schools +4.1/10.0
- Livability +3.7/5.0
- Rent growth +3.2/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$99,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to Lake Arrowhead, where resort-style living meets everyday comfort! This 2-bedroom, 2-bath manufactured home offers a fantastic opportunity to enjoy an active lifestyle in a sought-after 55+ community—and yes, you own the land. Nestled in a non-flood zone with a low monthly fee, this home is perfect for those seeking affordability without sacrificing amenities. Lake Arrowhead is known for its lively social calendar, including games, swimming, themed parties, dinners, and community events—there’s always something fun to do and friendly neighbors to enjoy it with. The home itself features a spacious layout and great bones, roof installed in 2023 and vapor barrier, ac is 5 years old, just waiting for your personal touch. A little updating will go a long way in making this gem shine. Whether you're looking to downsize, retire, or invest in a welcoming community, this property is full of potential.
Key facts
- Ac is 5 years old
- Low monthly fee
- Non-flood zone
Tags
Property features AI
Finance
- Other: Homestead exempt; Lot approximately 0.11 acre (dimensions 54 x 82)
- Financial info: Total monthly fees $126; total annual fees $1,512; Lease restrictions apply
- HOA & community: Kim Shores community association (monthly fee $126); HOA fee includes pool, management, private road, recreational facilities, trash; Association amenities: shuffleboard court, spa/hot tub; Buyer/association approval required; Full-time management; Deed-restricted senior community; No pets allowed; No truck/RV/motorcycle parking; Golf carts allowed; Clubhouse, fitness center, pool
Exterior
- Parking: Carport with 2 spaces
- Utilities: Public water; Public sewer; Electricity connected; Water connected; Sewer connected; Cable available
- Home design: Manufactured double-wide home; Single-story (one level); Faces east; Residential property
- Construction: Vinyl siding; Shingle roof; Crawlspace foundation; Built as manufactured home
- Exterior features: Awning(s); Private mailbox; Asphalt road; Private maintained road
Interior
- Kitchen: Cooktop; Dishwasher; Disposal; Microwave; Refrigerator
- Bedrooms: 2 bedrooms
- Flooring: Carpet; Laminate; Linoleum
- Bathrooms: 2 full bathrooms
- Heating & cooling: Central heating; Central air conditioning
- Interior features: Cathedral ceilings; Ceiling fans; Thermostat; Walk-in closet(s); Window treatments
- Laundry & utility: Laundry located in garage; Washer; Dryer
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath manufactured listed at $99k.
Deal economics
- At list price, monthly cash flow is $476 ($6k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $99k).
- Recommended offer: $87k (12.0% below list) — sets the bar for market timing.
- Cap rate 12.1% vs local median 3.6% in North Fort Myers — 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 74/100 on livability (#269 in FL, #4,409 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment C-, amenities F, commute 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.
- Market conditions: Rents rising (+2.6%/yr); 841 active listings in the ZIP; 32 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 15,411 units permitted in Lee County in 2024 (4,686 in 5+ unit buildings).
- This rent runs 36% of the median local income ($55k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $684 of loan paydown is wiped out by about $3k 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 + 2.6% rent growth), your $28k cash investment doubles in ~7 years — after that, you're playing with house money.
Negotiation context
- It's been on market 302 days — a 12% lower offer ($87k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts; this cycle's ask has dropped $26k (21%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $80k; 24% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→29/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 302 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- 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 for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 1.65% ✓
- Cap rate
- 12.07%
- Cash-on-cash
- 20.63%
- DSCR
- 1.92
- GRM
- 5.0
CMA / ARV
- ARV (on-the-fly)
- $122,031
- Comps found
- 4
Show comp detail 4 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 786 Roses Ln | 0.70mi | 2/2.0 | 1,056 (+1%) | 4mo | $149,000 | $141 | 63 |
| 974 Restful Rd | 0.59mi | 2/2.0 | 960 (-8%) | 3mo | $109,575 | $114 | 57 |
| 826 Peaceful Dr | 0.68mi | 2/2.0 | 1,152 (+10%) | 3mo | $135,000 | $117 | 48 |
| 1091 Laurel Dr | 0.42mi | 2/2.0 | 1,194 (+14%) | 14mo | $79,000 | $66 | 45 |
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 · 2.63% rent growth · sell at horizon
- IRR
- 12.6%
- Equity multiple
- 1.50×
- Total profit
- $13,803
- Equity at exit
- $14,761
- IRR
- 21.2%
- Equity multiple
- 2.77×
- Total profit
- $49,053
- Equity at exit
- $8,560
Cash invested: $27,720 (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 33917
- Home prices YoY
- -30.2%
- Rents YoY
- 2.6%
- Active inventory
- 841
- Price-to-rent
- 5.0×
Monthly cashflow live
- Estimated rent
- $1,638 high interval (Pro) →
- Mortgage (P&I)
- −$519
- Tax from tax record
- −$131 /mo · $1,572/yr
- Insurance
- −$41
- HOA
- −$126
- Vacancy / Maint / Mgmt
- −$344
- Net cashflow
- $476
Break-even live
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
- $24,750
- Closing costs
- $2,970
- 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 32 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 2774 Wedgewood Dr North Fort Myers, FL | 2.0 | 2.0 | 880 | $1,300 | $1.48 | 23d | 1 | 0.25mi |
| 4120 Pine Drop Ln North Fort Myers, FL | 3.0 | 2.0 | 957 | $1,895 | $1.98 | 23d | 1 | 0.29mi |
| 266 Mongoose Ln #266 North Fort Myers, FL | 3.0 | 2.0 | 1372 | $1,499 | $1.09 | 3d | 1 | 0.35mi |
| 2095 Eloise Cir North Fort Myers, FL | 2.0 | 1.0 | 840 | $1,295 | $1.54 | 23d | 1 | 0.36mi |
| 2027 Eloise Cir North Fort Myers, FL | 2.0 | 1.0 | 822 | $1,300 | $1.58 | 3d | 1 | 0.40mi |
| 535 Zebra Dr #535 North Fort Myers, FL | 3.0 | 2.0 | 1352 | $1,499 | $1.11 | 14d | 1 | 0.56mi |
| 17499 Monte Isola Way Unit 17499 North Fort Myers, FL | 3.0 | 2.5 | 1405 | $1,800 | $1.28 | 14d | 1 | 0.67mi |
| 17489 Monte Isola Way North Fort Myers, FL | 3.0 | 2.5 | 1347 | $1,800 | $1.34 | 14d | 1 | 0.68mi |
| 16363 Teresa Ln North Fort Myers, FL | 2.0 | 1.0 | 1000 | $1,000 | $1.00 | 23d | 1 | 0.75mi |
| 4208 Caterina Ct North Fort Myers, FL | 3.0 | 2.5 | 1347 | $1,800 | $1.34 | 14d | 1 | 0.77mi |
| 17400 Monte Isola Way North Fort Myers, FL | 3.0 | 2.0 | 1448 | $1,875 | $1.29 | 23d | 1 | 0.82mi |
| 4264 Cirella Ct North Fort Myers, FL | 3.0 | 2.5 | 1442 | $2,000 | $1.39 | 11d | 1 | 0.85mi |
| 4276 Cirella Ct North Fort Myers, FL | 3.0 | 2.5 | 1378 | $1,800 | $1.31 | 23d | 1 | 0.86mi |
| 4275 Cirella Ct North Fort Myers, FL | 3.0 | 2.5 | 1378 | $1,800 | $1.31 | 23d | 1 | 0.91mi |
| 3404 Rainbow Ln North Fort Myers, FL | 2.0 | 2.0 | 1056 | $1,800 | $1.70 | 3d | 1 | 0.95mi |
| 28 Nyborg Ave North Fort Myers, FL | 3.0 | 2.0 | 1042 | $1,299 | $1.25 | 14d | 1 | 1.04mi |
| 3957 Pomodoro Cir #301 Cape Coral, FL | 2.0 | 2.0 | 1270 | $1,450 | $1.14 | 16d | 1 | 1.26mi |
| 3961 Pomodoro Cir #204 Cape Coral, FL | 2.0 | 2.0 | 1270 | $1,450 | $1.14 | 23d | 1 | 1.27mi |
| 3961 Pomodoro Cir #204 Cape Coral, FL | 2.0 | 2.0 | 1270 | $1,450 | $1.14 | 16d | 1 | 1.27mi |
| 3953 Pomodoro Cir Cape Coral, FL | 1.0–3.0 | 1.0–2.0 | 1044 | $1,462 | $1.40 | 14d | 9 | 1.30mi |
| 3973 Pomodoro Cir Cape Coral, FL | 2.0 | 2.0 | 1534 | $1,575 | $1.03 | 3d | 3 | 1.34mi |
| 3973 Pomodoro Cir Cape Coral, FL | 2.0 | 2.0 | 1469 | $1,498 | $1.02 | 23d | 2 | 1.34mi |
| 3968 Pomodoro Cir #202 Cape Coral, FL | 2.0 | 2.0 | 1469 | $1,475 | $1.00 | 14d | 1 | 1.35mi |
| 8791 Littleton Rd North Fort Myers, FL | 2.0 | 2.0 | 1074 | $1,549 | $1.44 | 23d | 1 | 1.36mi |
| 2904 Tuscan Dr #303 Cape Coral, FL | 2.0 | 2.0 | 1460 | $1,450 | $0.99 | 23d | 1 | 1.37mi |
| 2913 Tuscan Dr #102 Cape Coral, FL | 2.0 | 2.0 | 1469 | $1,450 | $0.99 | 23d | 1 | 1.37mi |
| 3944 Pomodoro Cir #202 Cape Coral, FL | 3.0 | 2.0 | 1411 | $2,200 | $1.56 | 23d | 1 | 1.37mi |
| 2909 Tuscan Dr Cape Coral, FL | 2.0 | 2.0 | 1469 | $1,475 | $1.00 | 23d | 2 | 1.38mi |
| 3940 Pomodoro Cir Cape Coral, FL | 2.0 | 2.0 | 1270 | $1,475 | $1.16 | 3d | 2 | 1.39mi |
| 947 Strongbox Ln North Fort Myers, FL | 2.0 | 2.0 | 1000 | $1,300 | $1.30 | 23d | 1 | 1.44mi |
| 3940 Villa Del Mar CIR Cape Coral, FL | 1.0–3.0 | 1.0–2.0 | 1051 | $2,116 | $2.01 | 1d | 21 | 1.44mi |
| 8146 Tolles Dr North Fort Myers, FL | 2.0 | 1.0 | 784 | $850 | $1.08 | 23d | 1 | 1.47mi |
HOA detail
- Monthly dues
- $126 · $1,512/yr
Listing history 24 events
-
2026-06-17days on market $99,000 Active 302 DOM
-
2026-06-16days on market $99,000 Active 301 DOM
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2026-06-16days on market $99,000 Active 300 DOM
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2026-06-13days on market $99,000 Active 298 DOM
-
2026-06-09days on market $99,000 Active 294 DOM
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2026-06-07days on market $99,000 Active 292 DOM
-
2026-06-02days on market $99,000 Active 287 DOM
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2026-06-01days on market $99,000 Active 286 DOM
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2026-06-01days on market $99,000 Active 285 DOM
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2026-05-03price $99,000
Show marketing remark (933 chars)
Welcome to Lake Arrowhead, where resort-style living meets everyday comfort! This 2-bedroom, 2-bath manufactured home offers a fantastic opportunity to enjoy an active lifestyle in a sought-after 55+ community—and yes, you own the land. Nestled in a non-flood zone with a low monthly fee, this home is perfect for those seeking affordability without sacrificing amenities. Lake Arrowhead is known for its lively social calendar, including games, swimming, themed parties, dinners, and community events—there’s always something fun to do and friendly neighbors to enjoy it with. The home itself features a spacious layout and great bones, roof installed in 2023 and vapor barrier, ac is 5 years old, just waiting for your personal touch. A little updating will go a long way in making this gem shine. Whether you're looking to downsize, retire, or invest in a welcoming community, this property is full of potential.
-
2026-05-03price $99,000 933-char remark
Show marketing remark (933 chars)
Welcome to Lake Arrowhead, where resort-style living meets everyday comfort! This 2-bedroom, 2-bath manufactured home offers a fantastic opportunity to enjoy an active lifestyle in a sought-after 55+ community—and yes, you own the land. Nestled in a non-flood zone with a low monthly fee, this home is perfect for those seeking affordability without sacrificing amenities. Lake Arrowhead is known for its lively social calendar, including games, swimming, themed parties, dinners, and community events—there’s always something fun to do and friendly neighbors to enjoy it with. The home itself features a spacious layout and great bones, roof installed in 2023 and vapor barrier, ac is 5 years old, just waiting for your personal touch. A little updating will go a long way in making this gem shine. Whether you're looking to downsize, retire, or invest in a welcoming community, this property is full of potential.
-
2026-02-21price $118,000
Show marketing remark (933 chars)
Welcome to Lake Arrowhead, where resort-style living meets everyday comfort! This 2-bedroom, 2-bath manufactured home offers a fantastic opportunity to enjoy an active lifestyle in a sought-after 55+ community—and yes, you own the land. Nestled in a non-flood zone with a low monthly fee, this home is perfect for those seeking affordability without sacrificing amenities. Lake Arrowhead is known for its lively social calendar, including games, swimming, themed parties, dinners, and community events—there’s always something fun to do and friendly neighbors to enjoy it with. The home itself features a spacious layout and great bones, roof installed in 2023 and vapor barrier, ac is 5 years old, just waiting for your personal touch. A little updating will go a long way in making this gem shine. Whether you're looking to downsize, retire, or invest in a welcoming community, this property is full of potential.
-
2026-02-21price $118,000 933-char remark
Show marketing remark (933 chars)
Welcome to Lake Arrowhead, where resort-style living meets everyday comfort! This 2-bedroom, 2-bath manufactured home offers a fantastic opportunity to enjoy an active lifestyle in a sought-after 55+ community—and yes, you own the land. Nestled in a non-flood zone with a low monthly fee, this home is perfect for those seeking affordability without sacrificing amenities. Lake Arrowhead is known for its lively social calendar, including games, swimming, themed parties, dinners, and community events—there’s always something fun to do and friendly neighbors to enjoy it with. The home itself features a spacious layout and great bones, roof installed in 2023 and vapor barrier, ac is 5 years old, just waiting for your personal touch. A little updating will go a long way in making this gem shine. Whether you're looking to downsize, retire, or invest in a welcoming community, this property is full of potential.
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2026-01-18status Active
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2025-12-18price $120,000
Show marketing remark (933 chars)
Welcome to Lake Arrowhead, where resort-style living meets everyday comfort! This 2-bedroom, 2-bath manufactured home offers a fantastic opportunity to enjoy an active lifestyle in a sought-after 55+ community—and yes, you own the land. Nestled in a non-flood zone with a low monthly fee, this home is perfect for those seeking affordability without sacrificing amenities. Lake Arrowhead is known for its lively social calendar, including games, swimming, themed parties, dinners, and community events—there’s always something fun to do and friendly neighbors to enjoy it with. The home itself features a spacious layout and great bones, roof installed in 2023 and vapor barrier, ac is 5 years old, just waiting for your personal touch. A little updating will go a long way in making this gem shine. Whether you're looking to downsize, retire, or invest in a welcoming community, this property is full of potential.
-
2025-12-18price $120,000 933-char remark
Show marketing remark (933 chars)
Welcome to Lake Arrowhead, where resort-style living meets everyday comfort! This 2-bedroom, 2-bath manufactured home offers a fantastic opportunity to enjoy an active lifestyle in a sought-after 55+ community—and yes, you own the land. Nestled in a non-flood zone with a low monthly fee, this home is perfect for those seeking affordability without sacrificing amenities. Lake Arrowhead is known for its lively social calendar, including games, swimming, themed parties, dinners, and community events—there’s always something fun to do and friendly neighbors to enjoy it with. The home itself features a spacious layout and great bones, roof installed in 2023 and vapor barrier, ac is 5 years old, just waiting for your personal touch. A little updating will go a long way in making this gem shine. Whether you're looking to downsize, retire, or invest in a welcoming community, this property is full of potential.
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2025-11-10price $124,000
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2025-11-05price $124,000 933-char remark
Show marketing remark (933 chars)
Welcome to Lake Arrowhead, where resort-style living meets everyday comfort! This 2-bedroom, 2-bath manufactured home offers a fantastic opportunity to enjoy an active lifestyle in a sought-after 55+ community—and yes, you own the land. Nestled in a non-flood zone with a low monthly fee, this home is perfect for those seeking affordability without sacrificing amenities. Lake Arrowhead is known for its lively social calendar, including games, swimming, themed parties, dinners, and community events—there’s always something fun to do and friendly neighbors to enjoy it with. The home itself features a spacious layout and great bones, roof installed in 2023 and vapor barrier, ac is 5 years old, just waiting for your personal touch. A little updating will go a long way in making this gem shine. Whether you're looking to downsize, retire, or invest in a welcoming community, this property is full of potential.
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2025-08-19$125,000 Active
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2025-07-28$125,000 Active 933-char remark
Show marketing remark (933 chars)
Welcome to Lake Arrowhead, where resort-style living meets everyday comfort! This 2-bedroom, 2-bath manufactured home offers a fantastic opportunity to enjoy an active lifestyle in a sought-after 55+ community—and yes, you own the land. Nestled in a non-flood zone with a low monthly fee, this home is perfect for those seeking affordability without sacrificing amenities. Lake Arrowhead is known for its lively social calendar, including games, swimming, themed parties, dinners, and community events—there’s always something fun to do and friendly neighbors to enjoy it with. The home itself features a spacious layout and great bones, roof installed in 2023 and vapor barrier, ac is 5 years old, just waiting for your personal touch. A little updating will go a long way in making this gem shine. Whether you're looking to downsize, retire, or invest in a welcoming community, this property is full of potential.
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2004-03-05soldstatus $80,000
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2004-02-20soldstatus $80,000 264-char remark
Show marketing remark (264 chars)
Beautifully Furnished Home In Very Popular 55+ Community. Newer Refrigerator And Stove. New Ac November 1998. Pride Of Ownershipshines Brightly Here! Move In Condition! Shows Like A Model. Must Beseen To Be Appreciated. Appointment Required. Call Lo For Inventory.
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2004-01-20price $84,500 264-char remark
Show marketing remark (264 chars)
Beautifully Furnished Home In Very Popular 55+ Community. Newer Refrigerator And Stove. New Ac November 1998. Pride Of Ownershipshines Brightly Here! Move In Condition! Shows Like A Model. Must Beseen To Be Appreciated. Appointment Required. Call Lo For Inventory.
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1994-10-20soldstatus $30,000
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast FL · Resets to sale price
- Current annual tax
- $1,572 · $131/mo
- Projected year-2 tax
- $1,572 · $131/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 5/10 Major
- Heat 10/10 Extreme 7 d/yr ≥107°F today · 29 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
- $19,654
- − Mortgage interest
- −$5,546
- − Property taxes
- −$1,572
- − Insurance
- −$495
- − Repairs & maintenance
- −$1,572
- − Management
- −$1,572
- − HOA
- −$1,512
- − Depreciation
- −$2,880
- Taxable income
- $4,505
- Est. tax owed @ 24.0%
- −$1,081
- After-tax cash flow
- $4,636/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 — North Fort Myers
- Score
- 74/100
- State rank
- #269
- US rank
- #4409
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- North Fort Myers, FL
- County
- Lee County · 788,662 people
- City population
- 57,035
- Metro
- Cape Coral-Fort Myers, FL
- Population (ZIP)
- 33,380
- Household income
- $55,000
- Rent vs Own
- Severe rent burden
- 775.0
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 (85%)
- Race & ethnicity
- White 85% Hispanic / Latino 10% Two or more races 7% Asian 1% Black 1%
- Hispanic origin (detail)
- Mexican 2% Puerto Rican 1% Cuban 3%
- Common ancestry
- Lithuanian 3% Romanian 3% Slovak 2%
- Foreign-born
- 10% · Canada
- Languages at home
- 88% English-only · Spanish 9% Other Indo-European 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
- ▼ -122.28%
- Current HPI
- 282.2895
- Rent YoY
- ▲ 2.63%
- 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 |
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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
+230.0% since first listed15 events — show timeline
- 2026-05-03 Price Changed $99,000 Stellar MLS as Distributed by MLS Grid
- 2026-05-03 Price Changed $99,000 FORTMLS
- 2026-02-21 Price Changed $118,000 Stellar MLS as Distributed by MLS Grid
- 2026-02-21 Price Changed $118,000 FORTMLS
- 2026-01-18 Relisted — Stellar MLS as Distributed by MLS Grid
- 2025-12-18 Price Changed $120,000 Stellar MLS as Distributed by MLS Grid
- 2025-12-18 Price Changed $120,000 FORTMLS
- 2025-11-10 Price Changed $124,000 Stellar MLS as Distributed by MLS Grid
- 2025-11-05 Price Changed $124,000 FORTMLS
- 2025-08-19 Listed $125,000 Stellar MLS as Distributed by MLS Grid
- 2025-07-28 Listed $125,000 FORTMLS
- 2004-03-05 Sold (Public Records) $80,000 Public Records
- 2004-02-20 Sold (MLS) $80,000 FORTMLS
- 2004-01-20 Price Changed $84,500 FORTMLS
- 1994-10-20 Sold (Public Records) $30,000 Public Records
Property tax history
+21.3%/yrLatest (2025): $1,572 · +952.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…