337 Rawlings Ave · Lehigh Acres, FL 33974

$264,990

3 bd · 2.0 ba · 1,115 sqft · Land · 111 Days on market

Built 2025 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).

• Appreciation +10.0/10.0
• Cash flow +7.5/30.0
• ARV discount +7.5/15.0
• Schools +4.1/10.0
• Livability +3.0/5.0
• Condition / age +2.5/5.0
• 1% rule +2.1/10.0
• DSCR +1.6/10.0
• Rent growth +1.3/5.0

Listing remarks MLS

Located in the heart of Lehigh Acres, this . 27-acre residential lot at 337 Rawlings Ave is a fantastic opportunity to build your dream home. The lot is cleared and ready for construction, offering a blank canvas for your ideal living space. Key Features: Size: . 27 Acres Location: 337 Rawlings Ave, Lehigh Acres, FL Zoning: Residential – ideal for single-family home Flood Zone: No flood zone – peace of mind when building Utilities: Public water and sewer available in the area Topography: Flat, cleared lot – ready for your vision to take shape Surroundings: Quiet, peaceful neighborhood with easy access to main roads, schools, shopping, and dining options. This lot offers both the convenience of suburban living and the potential for a custom home tailored to your needs. Whether you're looking for a starter home or a spacious retreat, this lot provides the perfect foundation. Don’t miss the chance to own a piece of Lehigh Acres and bring your dream home to life!

Key facts

• 0.28 acre lot
• Garage
• Built 2025

Property features AI

Finance

• Financial info: Pets allowed
• HOA & community: No association fee; Street lights in community

Exterior

• Parking: Attached garage (1 covered space)
• Security: Smoke detector(s)
• Utilities: Septic tank; Well water; High-speed Internet available; Cable not available
• Home design: One-story home; Entry level: 1; New construction
• Construction: Block, concrete and stucco construction; Shingle roof
• Exterior features: Security/high-impact doors; Smoke detectors; Oversized lot; Lot dimensions approximately 85 x 105 x 85 x 105; Property faces south; North exposure

Interior

• Kitchen: Microwave; Range; Refrigerator; Water softener
• Bedrooms: Master bedroom (14 x 20)
• Flooring: Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning (electric)
• Interior features: Impact glass windows; Tray ceilings; Open family/dining area; Living/dining room combination; Unfurnished
• Laundry & utility: Washer hookup inside; Dryer hookup inside

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath land listed at $265k.

Deal economics

• At list price, monthly cash flow is $-335 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $216k (18.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $189k (28.5% below list).
• Recommended offer: $189k (28.5% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 59/100 on livability (#826 in FL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: crime C-, employment 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: Veterans Park Academy For The Arts (math 41% / reading 45%, grade F, #1,366 of 2,144 statewide, top 64%, 2,133 students, 36% FRL); Oak Hammock Middle School (math 43% / reading 41%, grade D-, #340 of 571 statewide, top 61%, 1,563 students, 56% FRL); Lehigh Senior High School (math 23% / reading 45%, grade F, #394 of 667 statewide, top 60%, 2,476 students, 57% FRL).
• Market conditions: Rents falling (-4.7%/yr); 2481 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 22d 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 31% of the median local income ($72k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $28k of equity ($2k loan paydown + $26k appreciation (10.0% local appreciation)).
• Lee County population projected at +44% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$46k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 111 days — a 9% lower offer ($241k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 2y ago; this cycle's ask has dropped $25k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $23k; list at $265k implies a 1052% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $189,385 (28.5% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 111 days. Have you received any prior offers? Is the seller open to a 29% concession, seller financing, or rate buy-down credit?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. 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?
7. 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.
8. 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.
9. 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: 0.71% ✗
• Cap rate: 4.78%
• Cash-on-cash: -5.42%
• DSCR: 0.76
• GRM: 11.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

10.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 19.6%
• Equity multiple: 2.58×
• Total profit: $117,453
• Equity at exit: $238,724

10-year hold

• IRR: 17.5%
• Equity multiple: 5.75×
• Total profit: $352,786
• Equity at exit: $514,817

Cash invested: $74,197 (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 33974

• Home prices YoY: 5.8%
• Rents YoY: -4.7%
• Active inventory: 2481
• Price-to-rent: 11.7×

Monthly cashflow live

• Estimated rent: $1,894 high
• Mortgage (P&I): −$1,390
• Tax est. 1.5%: −$331 /mo · $3,975/yr
• Insurance: −$110
• HOA: −$0
• Vacancy / Maint / Mgmt: −$398
• Net cashflow: $-335

Break-even live

Break-even rent $2,318

Max offer price $216,494

Occupancy floor —

Sensitivity live

Price	-10% $-152	-5% $-244	+0% $-335	+5% $-427	+10% $-518
Rent	-10% $-485	-5% $-410	+0% $-335	+5% $-260	+10% $-186
Rate	-1.0pp $-202	-0.5pp $-268	base $-335	+0.5pp $-404	+1.0pp $-474

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: $66,248
• Closing costs: $7,950
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
351 Ranchito Ave Lehigh Acres, FL	3.0	2.5	1500	$2,000	$1.33	26d	1	0.11mi
448 Reading St Lehigh Acres, FL	3.0	2.0	1100	$1,890	$1.72	5d	1	0.31mi
19949 Lake Vista Cir N #1 Lehigh Acres, FL	3.0	2.0	1442	$1,800	$1.25	26d	1	0.31mi
20055 Lake Vista Cir N Lehigh Acres, FL	3.0	2.0	1442	$1,700	$1.18	26d	1	0.35mi
463 Piedmont St Unit 463 Lehigh Acres, FL	3.0	2.0	1200	$1,350	$1.12	5d	1	0.58mi
448 Grant Blvd Unit 1 Lehigh Acres, FL	3.0	2.0	1244	$1,650	$1.33	23d	1	0.62mi
448 Grant Blvd Unit 1 Lehigh Acres, FL	2.0	2.0	1244	$1,595	$1.28	4d	1	0.62mi
448 Grant Blvd Unit 1 Lehigh Acres, FL	2.0	2.0	1244	$1,595	$1.28	4d	1	0.62mi
442 Grant Blvd Lehigh Acres, FL	3.0	2.0	1199	$1,625	$1.36	16d	1	0.64mi
374 Compese Ave S Lehigh Acres, FL	3.0	2.0	1200	$1,750	$1.46	18d	1	0.66mi
397 Carrillon Ave S Lehigh Acres, FL	3.0	2.0	1200	$1,550	$1.29	5d	1	0.80mi
363 Grant Blvd Lehigh Acres, FL	3.0	2.0	1158	$1,700	$1.47	26d	1	0.82mi
357 Grant Blvd Lehigh Acres, FL	3.0	2.0	1200	$1,800	$1.50	18d	1	0.84mi
11918 Savanna Lakes Blvd Lehigh Acres, FL	3.0	2.0	1484	$2,000	$1.35	26d	1	0.84mi
20190 Caroline Creek Pl Unit 250 Lehigh Acres, FL	3.0	2.0	1448	$1,900	$1.31	5d	1	0.85mi
20190 Caroline Creek Pl Unit 250 Lehigh Acres, FL	3.0	2.0	1448	$2,200	$1.52	26d	1	0.85mi
19480 Poppytree Ct Lehigh Acres, FL	3.0	2.0	1334	$1,750	$1.31	26d	1	0.86mi
10738 Cocoatree Ct Lehigh Acres, FL	3.0	2.0	1220	$1,600	$1.31	4d	1	0.90mi
12321 Dakota Ridge Pl Lehigh Acres, FL	3.0	2.0	1448	$1,850	$1.28	17d	1	0.91mi
520 Creuset Ave S Lehigh Acres, FL	2.0	2.0	1050	$1,700	$1.62	26d	1	0.93mi
322 Poplar St Lehigh Acres, FL	3.0	2.0	1199	$2,000	$1.67	26d	1	0.93mi
320 Poplar St Lehigh Acres, FL	3.0	2.0	1223	$1,900	$1.55	22d	1	0.94mi
424 Cactus Cir Lehigh Acres, FL	3.0	2.0	1173	$1,495	$1.27	18d	1	0.99mi
10625 Windsmont Ct Lehigh Acres, FL	3.0	2.0	1080	$1,350	$1.25	26d	1	1.01mi
430 Petite Ave Lehigh Acres, FL	3.0	2.0	1189	$1,850	$1.56	16d	1	1.02mi
515 Croydon Ave S Lehigh Acres, FL	3.0	3.0	1253	$2,200	$1.76	5d	1	1.03mi
202 Eaglesmere Dr Lehigh Acres, FL	3.0	2.0	1443	$1,600	$1.11	5d	1	1.04mi
202 Eaglesmere Dr Lehigh Acres, FL	3.0	2.0	1443	$1,695	$1.17	26d	1	1.04mi
19750 Garden Ridge Ct Lehigh Acres, FL	4.0	2.5	1400	$2,200	$1.57	26d	1	1.04mi
404 Chalet Ave S Lehigh Acres, FL	3.0	2.0	1200	$1,850	$1.54	26d	1	1.06mi
406 Chalet Ave S Lehigh Acres, FL	3.0	2.0	1200	$1,850	$1.54	26d	1	1.06mi
222 Ground Dove Cir Lehigh Acres, FL	3.0	2.0	1417	$1,695	$1.20	13d	1	1.07mi
713 Cardinal St E Lehigh Acres, FL	3.0	2.0	1100	$1,635	$1.49	5d	1	1.09mi
137 Milwaukee Blvd Lehigh Acres, FL	3.0	2.0	1170	$1,600	$1.37	26d	1	1.09mi
10578 Quincy Ct Unit 1 Lehigh Acres, FL	2.0	2.0	899	$1,275	$1.42	26d	1	1.10mi
10525 Putnam Ct Lehigh Acres, FL	2.0	2.0	1014	$1,250	$1.23	22d	1	1.12mi
115 Milwaukee Blvd Lehigh Acres, FL	3.0	2.0	1209	$1,600	$1.32	26d	1	1.13mi
1112 Gifford Ave S Lehigh Acres, FL	2.0	2.0	880	$1,350	$1.53	26d	1	1.14mi
1112 Gifford Ave S Lehigh Acres, FL	2.0	2.0	880	$1,350	$1.53	5d	1	1.14mi
10554 Quincy Ct Lehigh Acres, FL	2.0	2.0	1004	$1,300	$1.29	21d	1	1.14mi

Listing history 24 events

1. 2026-05-07
   status Pending
2. 2026-04-06
   price $264,990
3. 2026-03-29
   price $269,990
4. 2026-03-28
   price $279,850
5. 2026-03-23
   price $279,900
6. 2026-03-23
   price $284,990
7. 2026-03-20
   price $284,999
8. 2026-03-17
   price $287,400
9. 2026-03-11
   price $287,500
10. 2026-03-06
    price $288,400
11. 2026-03-02
    price $288,900
12. 2026-02-18
    price $289,400
13. 2026-01-16
    listed $289,900 Active
14. 2024-12-12
    soldstatus $23,000
15. 2024-12-11
    soldstatus $23,000 Sold 1006-char remark

    Show marketing remark (1006 chars)

    Located in the heart of Lehigh Acres, this . 27-acre residential lot at 337 Rawlings Ave is a fantastic opportunity to build your dream home. The lot is cleared and ready for construction, offering a blank canvas for your ideal living space. Key Features: Size: . 27 Acres Location: 337 Rawlings Ave, Lehigh Acres, FL Zoning: Residential – ideal for single-family home Flood Zone: No flood zone – peace of mind when building Utilities: Public water and sewer available in the area Topography: Flat, cleared lot – ready for your vision to take shape Surroundings: Quiet, peaceful neighborhood with easy access to main roads, schools, shopping, and dining options. This lot offers both the convenience of suburban living and the potential for a custom home tailored to your needs. Whether you're looking for a starter home or a spacious retreat, this lot provides the perfect foundation. Don’t miss the chance to own a piece of Lehigh Acres and bring your dream home to life!

16. 2024-11-14
    status Pending 1006-char remark

    Show marketing remark (1006 chars)

    Located in the heart of Lehigh Acres, this . 27-acre residential lot at 337 Rawlings Ave is a fantastic opportunity to build your dream home. The lot is cleared and ready for construction, offering a blank canvas for your ideal living space. Key Features: Size: . 27 Acres Location: 337 Rawlings Ave, Lehigh Acres, FL Zoning: Residential – ideal for single-family home Flood Zone: No flood zone – peace of mind when building Utilities: Public water and sewer available in the area Topography: Flat, cleared lot – ready for your vision to take shape Surroundings: Quiet, peaceful neighborhood with easy access to main roads, schools, shopping, and dining options. This lot offers both the convenience of suburban living and the potential for a custom home tailored to your needs. Whether you're looking for a starter home or a spacious retreat, this lot provides the perfect foundation. Don’t miss the chance to own a piece of Lehigh Acres and bring your dream home to life!

17. 2024-11-07
    listed $24,000 Active 1006-char remark

    Show marketing remark (1006 chars)

    Located in the heart of Lehigh Acres, this . 27-acre residential lot at 337 Rawlings Ave is a fantastic opportunity to build your dream home. The lot is cleared and ready for construction, offering a blank canvas for your ideal living space. Key Features: Size: . 27 Acres Location: 337 Rawlings Ave, Lehigh Acres, FL Zoning: Residential – ideal for single-family home Flood Zone: No flood zone – peace of mind when building Utilities: Public water and sewer available in the area Topography: Flat, cleared lot – ready for your vision to take shape Surroundings: Quiet, peaceful neighborhood with easy access to main roads, schools, shopping, and dining options. This lot offers both the convenience of suburban living and the potential for a custom home tailored to your needs. Whether you're looking for a starter home or a spacious retreat, this lot provides the perfect foundation. Don’t miss the chance to own a piece of Lehigh Acres and bring your dream home to life!

18. 2014-11-18
    soldstatus $7,250
19. 2006-03-15
    price $40,900 19-char remark

    Show marketing remark (19 chars)

    LEHIGH LOT 81 X 154

20. 2006-03-14
    soldstatus $38,900
21. 2006-03-08
    soldstatus $38,900 19-char remark

    Show marketing remark (19 chars)

    LEHIGH LOT 81 X 154

22. 2004-12-16
    soldstatus $15,500
23. 1992-11-19
    soldstatus $9,700
24. 1983-03-01
    soldstatus $10,100

ⓘ 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 3/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥108°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 · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,726
• − Mortgage interest: −$14,844
• − Property taxes: −$3,975
• − Insurance: −$1,325
• − Repairs & maintenance: −$1,818
• − Management: −$1,818
• − Depreciation: −$7,709
• Taxable loss: −$8,762
• Est. tax savings @ 24.0%: +$2,103
• After-tax cash flow: $-1,919/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 — Lehigh Acres

• Score: 59/100
• State rank: #826
• US rank: #20055

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lehigh Acres, FL
• County: Lee County · 788,662 people
• City population: 130,638
• Metro: Cape Coral-Fort Myers, FL
• Population (ZIP): 19,927
• Household income: $72,192
• Rent vs Own: 27.3% rent · 72.7% own
• Severe rent burden: 434.0

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: Diverse neighborhood (Simpson 0.64)
• Race & ethnicity: Hispanic / Latino 52% Two or more races 31% White 26% Black 18%
• Hispanic origin (detail): Mexican 12% Puerto Rican 7% Cuban 20% Dominican 4%
• Common ancestry: Hispanic 7% Italian 1% Portuguese 1%
• Foreign-born: 32% · Canada, Jamaica
• Languages at home: 48% English-only · Spanish 43% French/Haitian/Cajun 7% Other Indo-European 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: ▲ 16.53%
• Current HPI: 303.3399
• Rent YoY: ▼ -4.68%
• 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

+2523.7% since first listed

24 events — show timeline

• 2026-05-07 Pending — FORTMLS
• 2026-04-06 Price Changed $264,990 FORTMLS
• 2026-03-29 Price Changed $269,990 FORTMLS
• 2026-03-28 Price Changed $279,850 FORTMLS
• 2026-03-23 Price Changed $279,900 FORTMLS
• 2026-03-23 Price Changed $284,990 FORTMLS
• 2026-03-20 Price Changed $284,999 FORTMLS
• 2026-03-17 Price Changed $287,400 FORTMLS
• 2026-03-11 Price Changed $287,500 FORTMLS
• 2026-03-06 Price Changed $288,400 FORTMLS
• 2026-03-02 Price Changed $288,900 FORTMLS
• 2026-02-18 Price Changed $289,400 FORTMLS
• 2026-01-16 Listed $289,900 FORTMLS
• 2024-12-12 Sold (Public Records) $23,000 Public Records
• 2024-12-11 Sold (MLS) $23,000 NAPLESMLS
• 2024-11-14 Pending — NAPLESMLS
• 2024-11-07 Listed $24,000 NAPLESMLS
• 2014-11-18 Sold (Public Records) $7,250 Public Records
• 2006-03-15 Price Changed $40,900 FORTMLS
• 2006-03-14 Sold (Public Records) $38,900 Public Records
• 2006-03-08 Sold (MLS) $38,900 FORTMLS
• 2004-12-16 Sold (Public Records) $15,500 Public Records
• 1992-11-19 Sold (Public Records) $9,700 Public Records
• 1983-03-01 Sold (Public Records) $10,100 Public Records

Property tax history

+19.1%/yr

Latest (2025): $488 · +24.2% YoY. Source: county tax records.