10751 Palazzo Way #303 · 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 3/10 · Minor
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 9/10 · Severe
- Hot days now (above 107°F)
- 7 days/yr
- Hot days in 30 yrs
- 27 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 +29.6/30.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- ARV discount +7.5/15.0
- Livability +4.3/5.0
- Schools +4.1/10.0
- Rent growth +2.6/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$259,500
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
THIS IS BRAND NEW LENNAR CONDO WITH A BUILDER WARRANTY! PUT DOWN A DEPOSIT AND CLOSE IN TIME FOR SEASON! This home comes FULLY UPGRADED STANDARD! Quartz tops, shaker style cabinets, crown molding, blinds on the windows, all appliances, light and fans, & MORE! Great use of 1,259 square feet. Don’t miss out, when these last few condos are gone, prices will be going up! Situated in Pelican Preserve, one of Lennar’s biggest 55 and better community, the “get-away” begins every morning at the library with complimentary coffee! Stay fit with pickle ball, tennis, bocce, fitness, aerobics, and complete indoor swimming pool. Then relax with a massage, lounge at the resort pool, or enjoy 2 full service Restaurants. There’s something for everybody with calendars full of activities and events at the indoor movie theater, art & card rooms, and Town Center! This is the community for the ultimate active adult lifestyle. Located in the newest, most prestigious Treeline Corridor of Fort Myers, you’re just minutes to the Airport, spring training stadiums, shops, Germain Arena, and more. Ground Floor Opportunity. Homes pictured are of WCI models, new Lennar homes will have different fit and finishes.
Key facts
- $907 HOA
- Parking
- Community pool
Property features AI
Finance
- Other: Part of a 220-unit community; Senior community
- Financial info: Maximum of 2 pets allowed (call/conditional)
- HOA & community: Homeowners association with quarterly fee; HOA fees include cable TV, insurance, internet, irrigation water, legal/accounting, grounds maintenance, pest control, recreation facilities, reserve fund, road maintenance, sewer, street lights, and trash; Community amenities: beach rights, clubhouse, fitness center, pool, golf course, tennis courts, basketball court, pickleball, bocce court, putting greens, pier, park, dog park, picnic/barbecue areas, business center, library, billiards/hobby room, RV/boat storage, private membership, elevator, gated community
Exterior
- Parking: Detached carport; 1 covered carport space
- Security: Security system; Smoke detectors
- Utilities: Public water; Public sewer; Cable available; High-speed internet available; Underground utilities
- Home design: One-story property; Tile roof; Entry level: 3; Faces southwest; Resale property
- Construction: Block, concrete and stucco construction
- Exterior features: Security/high impact doors; Sprinkler/irrigation system (municipal source); Storage; Balcony; Screened porch; Community pool; Sprinklers automatic; Northeast exposure
Interior
- Kitchen: Dishwasher; Freezer; Icemaker; Microwave; Range; Refrigerator; Refrigerator with ice maker; Disposal; Kitchen island; Pantry; Breakfast bar
- Bedrooms: Includes guest quarters
- Flooring: Carpet; Tile
- Bathrooms: 2 full bathrooms
- Heating & cooling: Central heating (electric); Central air conditioning (electric)
- Interior features: Impact glass windows; Furnished; Breakfast bar; Separate/formal dining room; Dual sinks; Kitchen island; Pantry; Shower only (separate shower); High-speed internet
- Laundry & utility: Washer; Dryer; Laundry inside
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $260k.
Deal economics
- At list price, monthly cash flow is $939 ($11k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($4k rent vs $260k).
- Recommended offer: $228k (12.0% below list) — sets the bar for market timing.
- Cap rate 10.6% vs local median 3.0% in 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 86/100 on livability (#14 in FL, #383 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, housing A+.
- 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 flat; 811 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); high-income renter base; 15,411 units permitted in Lee County in 2024 (4,686 in 5+ unit buildings).
- At $4,447/mo this rent would consume 48% of the median local household income ($110k/yr) (locally 276% 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 $2k of loan paydown is wiped out by about $8k 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 128 days — a 12% lower offer ($228k) is reasonable based on typical stale-listing flexibility.
- 9 sale attempts since 8y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
- Current owner paid $168k; list at $260k implies a 55% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: HOA is 20% of rent.
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 128 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?
- 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?
- 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 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
- 1.71% ✓
- Cap rate
- 10.64%
- Cash-on-cash
- 15.51%
- DSCR
- 1.69
- GRM
- 4.9
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 0.37% rent growth · sell at horizon
- IRR
- 2.5%
- Equity multiple
- 1.09×
- Total profit
- $6,845
- Equity at exit
- $38,692
- IRR
- 8.6%
- Equity multiple
- 1.56×
- Total profit
- $40,565
- Equity at exit
- $22,437
Cash invested: $72,660 (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 33913
- Home prices YoY
- -10.3%
- Rents YoY
- 0.4%
- Active inventory
- 811
- Price-to-rent
- 4.9×
Monthly cashflow live
- Estimated rent
- $4,447 high interval (Pro) →
- Mortgage (P&I)
- −$1,361
- Tax from tax record
- −$198 /mo · $2,374/yr
- Insurance
- −$108
- HOA
- −$907
- Vacancy / Maint / Mgmt
- −$934
- Net cashflow
- $939
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
- $64,875
- Closing costs
- $7,785
- 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 |
|---|---|---|---|---|---|---|---|---|
| 10751 Palazzo Way #103 Fort Myers, FL | 2.0 | 2.0 | 1235 | $5,000 | $4.05 | 23d | 1 | 0.03mi |
| 10711 Palazzo Way Unit 203 Fort Myers, FL | 2.0 | 2.0 | 1257 | $5,300 | $4.22 | 21d | 1 | 0.03mi |
| 10711 Palazzo Way Fort Myers, FL | 2.0 | 2.0 | 1257 | $3,900 | $3.10 | 15d | 2 | 0.03mi |
| 10700 Palazzo Way #201 Fort Myers, FL | 2.0 | 2.0 | 1390 | $5,000 | $3.60 | 21d | 1 | 0.10mi |
| 10791 Palazzo Way #301 Fort Myers, FL | 2.0 | 2.0 | 1390 | $5,300 | $3.81 | 23d | 1 | 0.15mi |
| 10820 Palazzo Way #203 Fort Myers, FL | 2.0 | 2.0 | 1235 | $5,400 | $4.37 | 23d | 1 | 0.23mi |
| 10535 Carolina Willow Dr Fort Myers, FL | 3.0 | 2.0 | 1290 | $2,300 | $1.78 | 21d | 1 | 0.60mi |
| 10518 Avila Cir Fort Myers, FL | 2.0 | 2.0 | 1466 | $6,500 | $4.43 | 3d | 1 | 0.60mi |
| 10518 Avila Cir Fort Myers, FL | 2.0 | 2.0 | 1466 | $6,500 | $4.43 | 23d | 1 | 0.60mi |
| 10714 Cetrella Dr Fort Myers, FL | 2.0 | 2.0 | 1227 | $5,500 | $4.48 | 23d | 1 | 0.68mi |
| 10111 Colonial Country Club Blvd #2308 Fort Myers, FL | 2.0 | 2.0 | 1309 | $2,000 | $1.53 | 11d | 1 | 0.69mi |
| 10702 Cetrella Dr Fort Myers, FL | 2.0 | 2.0 | 1347 | $5,500 | $4.08 | 23d | 1 | 0.69mi |
| 10700 Cetrella Dr Fort Myers, FL | 2.0 | 2.0 | 1227 | $3,500 | $2.85 | 23d | 1 | 0.69mi |
| 11033 Mill Creek Way #202 Fort Myers, FL | 2.0 | 2.0 | 1379 | $5,400 | $3.92 | 23d | 1 | 0.76mi |
| 10130 Colonial Country Club Blvd #707 Fort Myers, FL | 2.0 | 2.0 | 1116 | $4,900 | $4.39 | 23d | 1 | 0.86mi |
| 11011 Mill Creek Way #1307 Fort Myers, FL | 2.0 | 2.0 | 1379 | $5,000 | $3.63 | 23d | 1 | 1.02mi |
| 10908 Clarendon St Fort Myers, FL | 3.0 | 2.0 | 1433 | $8,000 | $5.58 | 23d | 1 | 1.05mi |
| 10908 Clarendon St Fort Myers, FL | 3.0 | 2.0 | 1433 | $8,000 | $5.58 | 14d | 1 | 1.05mi |
| 10900 Glenhurst St Fort Myers, FL | 2.0 | 2.0 | 1355 | $2,200 | $1.62 | 2d | 1 | 1.08mi |
| 9667 Hemingway Ln Unit 3107 Fort Myers, FL | 2.0 | 2.0 | 1209 | $4,900 | $4.05 | 23d | 1 | 1.18mi |
| 12020 Champions Green Way #112 Fort Myers, FL | 2.0 | 2.0 | 1056 | $2,000 | $1.89 | 11d | 1 | 1.18mi |
| 9661 Hemingway Ln #3207 Fort Myers, FL | 2.0 | 2.0 | 1300 | $3,900 | $3.00 | 3d | 1 | 1.18mi |
| 9639 Hemingway Ln #3505 Fort Myers, FL | 2.0 | 2.0 | 1234 | $4,800 | $3.89 | 23d | 1 | 1.18mi |
| 12030 Champions Green Way #212 Fort Myers, FL | 2.0 | 2.0 | 1056 | $1,800 | $1.70 | 3d | 1 | 1.21mi |
| 10720 Ravenna Way #104 Fort Myers, FL | 2.0 | 2.0 | 1251 | $5,000 | $4.00 | 23d | 1 | 1.22mi |
| 9582 Hemingway Ln #3402 Fort Myers, FL | 2.0 | 2.0 | 1382 | $5,500 | $3.98 | 23d | 1 | 1.22mi |
| 9582 Hemingway Ln #3403 Fort Myers, FL | 2.0 | 2.0 | 1385 | $5,400 | $3.90 | 23d | 1 | 1.22mi |
| 9582 Hemingway Ln #3403 Fort Myers, FL | 2.0 | 2.0 | 1385 | $5,400 | $3.90 | 14d | 1 | 1.22mi |
| 10700 Ravenna Way Fort Myers, FL | 2.0 | 2.0 | 1251 | $3,488 | $2.79 | 23d | 2 | 1.25mi |
| 10530 Amiata Way #103 Fort Myers, FL | 2.0 | 2.0 | 1248 | $2,200 | $1.76 | 23d | 1 | 1.29mi |
| 10510 Amiata Way #302 Fort Myers, FL | 2.0 | 2.0 | 1245 | $4,900 | $3.94 | 23d | 1 | 1.30mi |
| 12171 Treeline Ave Fort Myers, FL | 1.0–3.0 | 1.0–2.0 | 1321 | $2,606 | $1.97 | 3d | 23 | 1.36mi |
HOA detail condo
- Monthly dues
- $907 · $10,884/yr
- Likely covers
- pool
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 30 events
-
2026-06-17days on market $259,500 Active 128 DOM
-
2026-06-16days on market $259,500 Active 127 DOM
-
2026-06-15days on market $259,500 Active 126 DOM
-
2026-06-13days on market $259,500 Active 124 DOM
-
2026-06-10days on market $259,500 Active 121 DOM
-
2026-06-09days on market $259,500 Active 120 DOM
-
2026-06-07days on market $259,500 Active 118 DOM
-
2026-06-02days on market $259,500 Active 113 DOM
-
2026-06-01days on market $259,500 Active 112 DOM
-
2026-06-01days on market $259,500 Active 111 DOM
-
2026-04-11price $259,500
-
2026-02-09$259,900 Active
-
2025-08-19historical
-
2025-08-15historical $4,800
-
2025-07-16$4,800
-
2025-07-15historical $4,800
-
2025-07-09$4,800
-
2025-07-09historical $5,300
-
2025-05-15$5,300
-
2025-04-29historical $5,300
-
2025-03-26$5,300
-
2024-11-04price $350,000
-
2024-07-17$358,500 Active
-
2023-08-29historical $5,300
-
2023-08-23$5,300
-
2018-11-29soldstatus $167,710 Sold 1246-char remark
Show marketing remark (1246 chars)
THIS IS BRAND NEW LENNAR CONDO WITH A BUILDER WARRANTY! PUT DOWN A DEPOSIT AND CLOSE IN TIME FOR SEASON! This home comes FULLY UPGRADED STANDARD! Quartz tops, shaker style cabinets, crown molding, blinds on the windows, all appliances, light and fans, & MORE! Great use of 1,259 square feet. Don’t miss out, when these last few condos are gone, prices will be going up! Situated in Pelican Preserve, one of Lennar’s biggest 55 and better community, the “get-away” begins every morning at the library with complimentary coffee! Stay fit with pickle ball, tennis, bocce, fitness, aerobics, and complete indoor swimming pool. Then relax with a massage, lounge at the resort pool, or enjoy 2 full service Restaurants. There’s something for everybody with calendars full of activities and events at the indoor movie theater, art & card rooms, and Town Center! This is the community for the ultimate active adult lifestyle. Located in the newest, most prestigious Treeline Corridor of Fort Myers, you’re just minutes to the Airport, spring training stadiums, shops, Germain Arena, and more. Ground Floor Opportunity. Homes pictured are of WCI models, new Lennar homes will have different fit and finishes.
-
2018-09-11status Pending 1246-char remark
Show marketing remark (1246 chars)
THIS IS BRAND NEW LENNAR CONDO WITH A BUILDER WARRANTY! PUT DOWN A DEPOSIT AND CLOSE IN TIME FOR SEASON! This home comes FULLY UPGRADED STANDARD! Quartz tops, shaker style cabinets, crown molding, blinds on the windows, all appliances, light and fans, & MORE! Great use of 1,259 square feet. Don’t miss out, when these last few condos are gone, prices will be going up! Situated in Pelican Preserve, one of Lennar’s biggest 55 and better community, the “get-away” begins every morning at the library with complimentary coffee! Stay fit with pickle ball, tennis, bocce, fitness, aerobics, and complete indoor swimming pool. Then relax with a massage, lounge at the resort pool, or enjoy 2 full service Restaurants. There’s something for everybody with calendars full of activities and events at the indoor movie theater, art & card rooms, and Town Center! This is the community for the ultimate active adult lifestyle. Located in the newest, most prestigious Treeline Corridor of Fort Myers, you’re just minutes to the Airport, spring training stadiums, shops, Germain Arena, and more. Ground Floor Opportunity. Homes pictured are of WCI models, new Lennar homes will have different fit and finishes.
-
2018-08-23status Active 1246-char remark
Show marketing remark (1246 chars)
THIS IS BRAND NEW LENNAR CONDO WITH A BUILDER WARRANTY! PUT DOWN A DEPOSIT AND CLOSE IN TIME FOR SEASON! This home comes FULLY UPGRADED STANDARD! Quartz tops, shaker style cabinets, crown molding, blinds on the windows, all appliances, light and fans, & MORE! Great use of 1,259 square feet. Don’t miss out, when these last few condos are gone, prices will be going up! Situated in Pelican Preserve, one of Lennar’s biggest 55 and better community, the “get-away” begins every morning at the library with complimentary coffee! Stay fit with pickle ball, tennis, bocce, fitness, aerobics, and complete indoor swimming pool. Then relax with a massage, lounge at the resort pool, or enjoy 2 full service Restaurants. There’s something for everybody with calendars full of activities and events at the indoor movie theater, art & card rooms, and Town Center! This is the community for the ultimate active adult lifestyle. Located in the newest, most prestigious Treeline Corridor of Fort Myers, you’re just minutes to the Airport, spring training stadiums, shops, Germain Arena, and more. Ground Floor Opportunity. Homes pictured are of WCI models, new Lennar homes will have different fit and finishes.
-
2018-05-14status Pending 1246-char remark
Show marketing remark (1246 chars)
THIS IS BRAND NEW LENNAR CONDO WITH A BUILDER WARRANTY! PUT DOWN A DEPOSIT AND CLOSE IN TIME FOR SEASON! This home comes FULLY UPGRADED STANDARD! Quartz tops, shaker style cabinets, crown molding, blinds on the windows, all appliances, light and fans, & MORE! Great use of 1,259 square feet. Don’t miss out, when these last few condos are gone, prices will be going up! Situated in Pelican Preserve, one of Lennar’s biggest 55 and better community, the “get-away” begins every morning at the library with complimentary coffee! Stay fit with pickle ball, tennis, bocce, fitness, aerobics, and complete indoor swimming pool. Then relax with a massage, lounge at the resort pool, or enjoy 2 full service Restaurants. There’s something for everybody with calendars full of activities and events at the indoor movie theater, art & card rooms, and Town Center! This is the community for the ultimate active adult lifestyle. Located in the newest, most prestigious Treeline Corridor of Fort Myers, you’re just minutes to the Airport, spring training stadiums, shops, Germain Arena, and more. Ground Floor Opportunity. Homes pictured are of WCI models, new Lennar homes will have different fit and finishes.
-
2018-04-27$174,698 Active 1246-char remark
Show marketing remark (1246 chars)
THIS IS BRAND NEW LENNAR CONDO WITH A BUILDER WARRANTY! PUT DOWN A DEPOSIT AND CLOSE IN TIME FOR SEASON! This home comes FULLY UPGRADED STANDARD! Quartz tops, shaker style cabinets, crown molding, blinds on the windows, all appliances, light and fans, & MORE! Great use of 1,259 square feet. Don’t miss out, when these last few condos are gone, prices will be going up! Situated in Pelican Preserve, one of Lennar’s biggest 55 and better community, the “get-away” begins every morning at the library with complimentary coffee! Stay fit with pickle ball, tennis, bocce, fitness, aerobics, and complete indoor swimming pool. Then relax with a massage, lounge at the resort pool, or enjoy 2 full service Restaurants. There’s something for everybody with calendars full of activities and events at the indoor movie theater, art & card rooms, and Town Center! This is the community for the ultimate active adult lifestyle. Located in the newest, most prestigious Treeline Corridor of Fort Myers, you’re just minutes to the Airport, spring training stadiums, shops, Germain Arena, and more. Ground Floor Opportunity. Homes pictured are of WCI models, new Lennar homes will have different fit and finishes.
ⓘ 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
- $2,374 · $198/mo
- Projected year-2 tax
- $2,374 · $198/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 3/10 Moderate
- Heat 9/10 Extreme 7 d/yr ≥107°F today · 27 d/yr by 30 yrs out
- Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 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
- $53,362
- − Mortgage interest
- −$14,536
- − Property taxes
- −$2,374
- − Insurance
- −$1,298
- − Repairs & maintenance
- −$4,269
- − Management
- −$4,269
- − HOA
- −$10,884
- − Depreciation
- −$7,549
- Taxable income
- $8,183
- Est. tax owed @ 24.0%
- −$1,964
- After-tax cash flow
- $9,306/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 — Fort Myers
- Score
- 86/100
- State rank
- #14
- US rank
- #383
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Fort Myers, FL
- County
- Lee County · 788,662 people
- City population
- 278,598
- Metro
- Cape Coral-Fort Myers, FL
- Population (ZIP)
- 31,538
- Household income
- $110,373
- Rent vs Own
- Severe rent burden
- 276.0
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 (74%)
- Race & ethnicity
- White 74% Hispanic / Latino 13% Two or more races 11% Black 5% Asian 2%
- Hispanic origin (detail)
- Mexican 3% Puerto Rican 3% Cuban 2%
- Common ancestry
- Romanian 5% Lithuanian 3% Slovak 2%
- Foreign-born
- 14% · Canada, Vietnam, China
- Languages at home
- 84% English-only · Spanish 10% Other Indo-European 2% French/Haitian/Cajun 2%
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
- ▼ -25.45%
- Current HPI
- 221.7115
- Rent YoY
- ▲ 0.37%
- 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
+48.5% since first listed20 events — show timeline
- 2026-04-11 Price Changed $259,500 FORTMLS
- 2026-02-09 Listed $259,900 FORTMLS
- 2025-08-19 Listing Removed — FORTMLS
- 2025-08-15 Rental Removed $4,800 FORTMLS
- 2025-07-16 Listed for Rent $4,800 FORTMLS
- 2025-07-15 Rental Removed $4,800 FORTMLS
- 2025-07-09 Listed for Rent $4,800 FORTMLS
- 2025-07-09 Rental Removed $5,300 FORTMLS
- 2025-05-15 Listed for Rent $5,300 FORTMLS
- 2025-04-29 Rental Removed $5,300 NAPLESMLS
- 2025-03-26 Listed for Rent $5,300 NAPLESMLS
- 2024-11-04 Price Changed $350,000 FORTMLS
- 2024-07-17 Listed $358,500 FORTMLS
- 2023-08-29 Rental Removed $5,300 FORTMLS
- 2023-08-23 Listed for Rent $5,300 FORTMLS
- 2018-11-29 Sold (MLS) $167,710 NAPLESMLS
- 2018-09-11 Pending — NAPLESMLS
- 2018-08-23 Relisted — NAPLESMLS
- 2018-05-14 Pending — NAPLESMLS
- 2018-04-27 Listed $174,698 NAPLESMLS
Property tax history
+6.1%/yrLatest (2025): $2,374 · -2.8% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…